Europe's $2 Trillion Mistake: Admits Energy Crisis, Industries Flee As Gas Gamble Backfires

Описание: Europe's $2 Trillion Mistake: Admits Energy Crisis, Industries Flee As Gas Gamble Backfires

Let's look at a huge choice Europe just made. In a short time, they did two very big things. First, they agreed to stop buying natural gas from their biggest supplier, Russia, for good. This is a major change that will be finished in a few years. And right after that, they promised to get together a huge amount of money for Ukraine—about ninety billion dollars. So, think about that.

They are choosing to make their own energy more expensive, while also sending a mountain of cash to support a war. This is a really expensive bet. People who study this say that getting away from Russian energy and building new systems could end up costing Europe a trillion dollars. They are betting that hurting Russia's war effort and helping Ukraine is worth that unbelievable price. It's using money as a powerful tool. But the big question is, can Europe actually afford it?











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