The European energy crisis has begun.
As Europe gets closer to the cold winter months, its energy prices remain sky-high.
In this video we will focus on a few countries that are affected by this energy crisis, and how it got to this point.
Natural gas supply from Russia to Germany has been slashed by 80% for 4 weeks, with prices increasing by over 10x in 1 year!
The war going on in Ukraine exacerbated this problem, but this has been an ongoing issue even before the war started, going back to 2021.
46% of Germany's energy mix is comprised of renewable resources, however, they are still heavily dependent on Russian gas.
Unfriendly regulations towards fossil fuels, despite having a heavy reliance upon them, have caused Germany and other countries within the EU energy dependent on foreign imports.
Watch until the end of the video for my thoughts!
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⏰ Timestamps ⏰:
0:00 - Intro
0:33 - Germany Energy Prices Increasing
2:51 - Germany's Anti-Nuclear Campaign
4:25 - The European Energy Crisis
6:48 - How to Position Yourself
8:23 - My Thoughts
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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
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