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Jacob Shapiro on Russia, Ukraine, and China
Forward Guidance
Is Europe Going to Be Freezing in the Streets?
The ultimate crisis is there is no natural gas. Europe never had that crisis, but it did so because it paid an arm and a leg for natural gas. We're trying to propose windfall taxes on all these natural gas companies around the world. It's taking oil from natural gas from Pakistan,. which I didn't know about until you said, you know, utilities are having to subsidize price caps. There is a crisis like features, but I guess it could have got a lot worse.
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