But in 2026 this shock is especially dangerous for Europe: Europe’s energy balance has been operating for several years in a high-sensitivity mode — fewer “cheap and stable” sources, a higher share of seaborne...
In 2026, the world will not collapse.And that is the greatest danger. There will be no single black day, no headlines screaming “a second 2008.”Instead, there will be something else: a slow, viscous realization...