An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, January 7, 2009
Russia stops all gas supply to Europe via Ukraine
Free market, eh?
Heating oil prices will soar as alternatives sought to replace nat gas for winter heating. This will drive up entire energy complex. Specs to pile on.
Expect the media to miss this story altogether and blame rising energy prices on the Israel-Hamas conflict.
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