watching england and europe
electric prices are going sky high
putting a cap on retail prices
then printing money to pay the energy companies so they dont go bankrupt
next thing is just nationalize them like they did the coal companies
watching england and europe
electric prices are going sky high
putting a cap on retail prices
then printing money to pay the energy companies so they dont go bankrupt
next thing is just nationalize them like they did the coal companies
zerohedge
as europe implodes, it plans "radical intervention" including price setting, suspending derivatives markets, and europe wide margin call bail-outs
they do not use the term "nationalization" but what else would you call it?
humm
well that was money to their friends and fellow criminals
not sure if the energy companies fall into that catagory
but their banking and gov friends might want into the energy business
along with food and housing
kind of one stop service for all your peasants needs