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MacroVoices #334 Adam Rozencwajg: Understanding the Global Energy Crisis
Macro Voices
The Stock Market Was Down 50 % Over That Ten Year Period
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Adam Sobel: Historically, natural gas in the united states has been much cheaper than in europe. Why was that true? And more importantly, why do you think it's about to change? Sobel: We're in a period now we don't have all that cheap energy. So i think a lot of the play book for the last decade or 20 or 30 years has to be reconsidered.
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