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Related article in the WSJ today about Americans buying European homes due to the favorable exchange rate: https://www.wsj.com/articles/as-the-u-s-dollar-surges-americ...

I wonder how this will impact "golden visas." Personally, if moving to Europe, I would be a little concerned about short-term energy insecurity pretty much anywhere except perhaps the Iberian peninsula. I think they'll find a solution, but it'd be hard to make such a big bet on without certainty.



The Iberian peninsula imports gas from Algeria. The instant they accept Moroccan control over Western Sahara is the instant the gas stops flowing from Algeria to Spain and Portugal.


Do you think this is likely to happen? I don't know enough about the politics of the region to know if this is something they would do.


Yes, it's quite possible. After Abdelaziz Bouteflika resigned, the current Algerian government started working against France and the EU. Lots of French investment in Algeria, so they're basically also working against themselves, betting most if not all of their economy on oil and gas. Apart from ocasional territorial disputes, Spain and Morrocco are on okay terms and the current Spanish goverment is supporting the Moroccan plan for the autonomy of Western Sahara, which is close to their holiday islands, the Canarias. This move drew hash criticism and threats from Algeria who's establishment unconditionally supports the Polisario front. They're a nationalist movement working against Spanish colonialism and Moroccan and Mauritanian irredentism. Spain is walking on quite a thin line in Africa. I need not remind you that virtually all of their gas comes from Hassi R'Mel, Algeria.


> Spain is walking on quite a thin line in Africa. I need not remind you that virtually all of their gas comes from Hassi R'Mel, Algeria.

Eh, not anymore...





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