Again and again you read that Ger business model was built on "cheap Russian gas". But, in what way is that true? Of course Ger imported a lot & situation now sucks. But before 2022, was Rus gas much cheaper than other gas? How much difference could that cost diff possibly make? twitter.com/jakluge/status…
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…
March 22, 2023
Chartbook: Mortgage pressure, the domestication of the American garage, the global cereal market & Siberian power adamtooze.substack.com/p/mortgage-pre…