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2) we ARE SEEING A DRAMATIC ECONOMIC CRASH IN THE WEST. electricity rates in europe have skyrocketed and this is part of the artificial scarcity of electricity
by teslaberry 10y ago
2) we ARE SEEING A DRAMATIC ECONOMIC CRASH IN THE WEST.
electricity rates in europe have skyrocketed and this is part of the artificial scarcity of electricity , and the suckout of savings that is draining the european economy by rising costs (electricity costs as input to industrial goods) and declining supply ( of money that could have been spent or saved and reinvested in other things other than ridiculous high cash payments for electricity)
- samcheng 10y agoThis was a table of electricity generated in the United States; unemployment is at its lowest since 2008, with GDP growth at 2.2% - not shrinking. It's more likely that the drop in electricity generation was weather related, but I don't have the data on hand to prove that.