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Real misstep was made in the wake of the 2014 real misstep was made in the wake of the 2014 annexing of crimea by russia the 2014 annexing of crimea by russia. they really should have acted russia. they really should have acted then to decrease its dependency on russia for oil and gas will top dependency on russia for oil and gas will top it dependency on russia for oil and gas will top it didn t do that. russia s foothold will top it didn t do that. russia s foothold has only grown in that time foothold has only grown in that time and foothold has only grown in that time. and it s left the west very reliant time. and it s left the west very reliant on time. and it s left the west very reliant on russia for such a vital commodity. we ve heard in recent weeks commodity. we ve heard in recent weeks that commodity. we ve heard in recent weeks that london and washington be very robust weeks that london and washington be very robust that nord stream needs to he very ro ....
Energy sectors where we can also reduce energy consumption, thus reduce our dependency energy consumption, thus reduce our dependency on russian gas. last but not least. dependency on russian gas. last but not least. it dependency on russian gas. last but not least, it will not be easy. it will be not least, it will not be easy. it will be hard. as i have already said. will be hard. as i have already said. it will be hard. as i have already said, it needs the support by everybody. everyone can do something, for example by reducing the energy something, for example by reducing the energy consumption we have overall the energy consumption we have overall. the individual contribution, by 450 million europeans makes a big chunk, if you look at europeans makes a big chunk, if you look at that europeans makes a big chunk, if you look at that. and the combination of diversification, more renewables and a smart diversification, more renewables and a smart use diversificati ....
Pay for this. that is europe. that is financially bankrupt europe. it s also morally bankrupt. if you go more and more towards a lack of self-reliance and a lack of private charity and you depend more and more on government, somebody else to pay for you, that is i m going to call it moral bankruptcy. it s just like europe. that s very interesting because to me, it seems like this election coming up in november will be the tipping point on this exact issue. yes. will we continue to go this way and go over the edge? we re over the edge. you look to the near future, obamacare will put another 30 million people on to medicaid. that s dependency. you got to pay for that. who is? we got 77 million baby boomers retiring over the next 20 odd years increasing the cost of i m not going to call it dependency but it s outgoing assistance from the government, ok? it s why people aren t taking some of these jobs out there right now because it s more beneficial to stay on unemployme ....