Europe might be a potent lesson for the rest of the world. It has been sick for decades. A few decades ago, Europe held a fair share of the best and biggest, and most innovative companies worldwide. Today, only a few exist and they are all on a downward trajectory. We have saddled ourselves with so much self-righteous crap wanting to show the world how good we are that we have destroyed it all. This winter will be a tragedy. Not only for the high heating prices the people will have to suffer. It also pulls the rug out under already reeling European companies. We created this monster over decades – it will take at least as long to resolve it. But first, we must stop digging.
Europe is running out of gas and the cost of energy is hitting record highs—just in time for the completion of the Russia's controversial Nord Stream 2 pipeline.