My mum owns a small café in Leicester. Her electricity bill has just jumped from £10k ($12k) a year to £55k ($64k) a year.
— Callum ⭐️ (@CallumMckeefery) August 29, 2022
She is working out her options but more than likely she will be forced to close. pic.twitter.com/7GN4WC77Gl
But you are flying the Ukrainian flag. So, I am sure you will agree it is worth it. https://t.co/8QuTmUyaWk
— RAMZPAUL (@ramzpaul) August 30, 2022
I don’t think most Americans realize how dire the situation is in Europe.
— Endless Capital (@endless_frank) August 27, 2022
If your utility bill went from $250/month to $2500, discretionary spending would get obliterated. The EU makes up 25% of $SPX earnings.
Corporate earnings will fall off a cliff as the weather cools.
WNU editor: Here is an easy prediction. It is going to get worse this winter.
What will you be doing if your utility bills increased 10X?
Hat tip Adapt 2030.
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