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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (8203)11/5/2021 11:19:12 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 13794
 
Natural gas intensive industries in Germany, the Netherlands, Spain, Italy, France, Poland, and Portugal are making a fortune.

It's currently far more profitable to temporarily shut production and sell natural gas to the hapless UK which relied on "the free spot market" to buy gas rather than long-term contracts.

Profiting from stupid people is basic economics.
.

In the future will the UK move from "Ol' Free Markity" to guaranteed fixed-contracts? Stupid tends to be eternal.