There are countries that are really going to face this sooner than the us. Probably japan. Right now imports almost all their energy. They have had their government support stock and bond purchases for the last 20 odd years. And they are creating monetary overlays that cannot be supported in the long run. I think what happened in a ukraine is going to dramatically change the power structure within europe, especially within germany,. Especially satellite nations like a italy. Italy also has to import all its energy at higher and higher cost. As of this morning, friday, June seventeenth, natural gas a is the equivalent of 200 and forty dollars a barrel in europe. That

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode