By Topwar
The standard of living in Europe is declining more and more, as the wrong energy policy of the authorities of European countries leads to the closure of enterprises due to lack or high cost of energy and rising prices. A similar situation is increasingly threatening the United States if the Biden administration continues its failed energy policy, said Fox Business anchor Stuart Varney.
Tension due to problems with energy resources in Europe is growing more and more, thousands of people are increasingly protesting in France, Belgium, Great Britain, Germany, Austria, the Czech Republic and other most prosperous countries of the Old World. Next up is the United States. And that trend is only going to get worse as a cold winter lies ahead, Varney notes.
The journalist is sure that closer to winter in the USA, big problems in the economy will begin, just like in Europe. Already, inflation is outpacing wage growth, and any American expert is already predicting a recession for the country. Moreover, the filling volumes of oil storage facilities have been record low since their inception. Biden has already depleted more than 50% of oil reserves in order to try to bring down fuel prices before the midterm elections…
