The world will not return to the pre pandemic normal economy because it can't. There simply isn't enough energy supply to meet pre pandemic energy demand levels, nor is there any credible plan to get back there. The only way that anhappen is because of recession induced demand destruction. We got into this, patrick, from failed energy policy, and there's nothing that can correct it but a total change of energy policy,. And it's going to be a really ugly ride.
MacroVoices Erik Townsend and Patrick Ceresna welcome Adam Rozencwajg to the show to discuss how the world has entered the early stages of a global energy crisis that will take many years to resolve, and he brings some absolutely fascinating insights about U.S. natural gas prices and much more. https://bit.ly/3S8nClc
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