Thanks to a mild autumn and a lot of government largesse, Europe has weathered the gas crisis in tolerable shape. The streets have dimmed but not gone dark, vulnerable residents have not frozen to death en masse, and there aren’t yet riots. The price of gas has even fallen to relatively affordable levels, alleviating the pressure on government finances. In 2022, Putin called the West’s bluff and lost. The alliance against him is holding, despite the cost. The great energy … read more »

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