MacroVoices #345 Daniel Lacalle: The Situation in Europe is Worse Than You Think
Macro Voices
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Is It a Good Idea to End the Ukraine War?
Many European leaders actually believe that you can simply switch off natural gas and oil consumption and started using wind and solar. They think everything is going to be solved by by renewables but even less so with the way in which the energy matrix is constructed in the EU. Many European Union leaders believed this war was going to be a very short one as they thought sanctions without really knowing what side effects or negative effects would have on Russia.
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