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Hedge Fund Manager's Notebook: Blood on the Streets - Buy Russia

Muddlling investor: although this is true, the big picture does not help in this case, for 1) oil is depleting in Europe 2) 25% is for the whole of Europe, but some parts are more (50-80-100%) dependent on Russian gas 3) even if you had spare capacity elsewhere, you don't have the infrastructure to get it to where it is needed (especially in the case of gas) 4) and is there spare capacity elsewhere? we are talking about magnnitudes.
Of course this is a typical example of mutual benefit and dependence - all I am saying that in the short run Europe is more vulnerable.