"...Let’s talk about life in a one-bedroom apartment in London.
The price of energy for heat has nearly doubled, seemingly overnight.
...The energy bills will be approaching a substantial portion of the rent itself.
And the forecast — which one has to do because that’s how energy markets work on the consumer end — is showing a doubling and doubling again.
Here is what Goldman Sachs is seeing.
Here is what Goldman Sachs is seeing.
- Small businesses cannot function under these conditions..."
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