Financial contagion is sweeping through the European energy markets, which are massively overleveraged and ripe for a collapse. Governments in Germany, Austria, Sweden and elsewhere are trying to stuff chewing gum into the gaping holes of the sinking Titanic by bailing out energy companies, which can no longer cover their payments now that Russian oil and gas … Continue reading TOO BIG TO FAIL? European governments start bailing out energy companies to prevent total collapse
Dr. Eddy Bettermann MD 