Germany Green Energy Crisis: Warning of “Lehman Like” Contagion

One more reason to hate the war in Ukraine is that it gives the green extremists a new excuse for the failings of the energy system. I am not sure if people would recognize the true culprit for their sufferings if you dangled it in front of their noses but at least there would be a working chance. Now, we will sink deeper into the mess as problems will be patched over, more money will be sunk into unreliable energy with the tagline that its energy independence, and we drive towards an even more catastrophic default of our economies. It won’t be pretty.

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