Linde falls as Russian court seizes Baltic LNG assets

Thats a bad day for Linde – but it’s much worse for Russia in the long term as their country loses long-term access to western know-how. More than 30 years after the fall of the Soviet Union, the Russian education system is in shambles. Those with the wits necessary have emigrated and they won’t come back easily as their trust in the Russian state is gone as well. And companies that have taken a loss like this one will think long and hard if they want to get exposed to Russia once more when the current mess in Ukraine is over. Russia has truly crossed the Rubicon – there is no coming back from this. 

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