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Markets Are Failing To Grasp The Painful Fact That There Is No Quick Resolution To The Energy Crisis
Markets Are Failing To Grasp The Painful Fact That There Is No Quick Resolution To The Energy Crisis By Michael Every of Rabobank Post-liberal liberalism and post-Marx Marxism Yesterday saw a three-way global ideological split on how to deal with our energy crisis: hair shirt; unwind markets; and eat-the-seed-corn. None will solve the short- to medium-term problem, much as financial markets are failing to grasp that painful fact. The UK, after removing energy price support for
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