Europe doesn't just have an energy crisis though, if Russia decides to cut off the gas they straight up have insufficient energy to make it through the winter. The decline in the Euro is pricing in the risk of catastrophic shutdowns of industry across Europe.
All of it a result of moronic politics around nuclear and a failure to build out fossil fuel capacity while the green energy transition was still in progress.
All of it a result of moronic politics around nuclear and a failure to build out fossil fuel capacity while the green energy transition was still in progress.