The European energy crisis has begun.
As Europe gets closer to the cold winter months, its energy prices remain sky-high.
In this video we will focus on a few countries that are affected by this energy crisis, and how it got to this point.
Natural gas supply from Russia to Germany has been slashed by 80% for 4 weeks, with prices increasing by over 10x in 1 year!
The war going on in Ukraine exacerbated this problem, but this has been an ongoing issue even before the war started, going back to 2021.
46% of Germany’s energy mix is comprised of renewable resources, however, they are still heavily dependent on Russian gas.
Unfriendly regulations towards fossil fuels, despite having a heavy reliance upon them, have caused Germany and other countries within the EU energy dependent on foreign imports.
Watch until the end of the video for my thoughts!
🔥 WBF University – Join My School Here:
📈 Get 5 FREE Stocks: (Worth up to $3,500)
Fundrise – Invest In Real Estate For Only $500:
My FREE M1 Finance Training Video:
My FREE Stock Market For Beginners Guide:
GET MY HOME AFFORDABILITY SPREADSHEET HERE:
FOLLOW ME ON INSTAGRAM:
⏰ Timestamps ⏰:
0:00 – Intro
0:33 – Germany Energy Prices Increasing
2:51 – Germany’s Anti-Nuclear Campaign
4:25 – The European Energy Crisis
6:48 – How to Position Yourself
8:23 – My Thoughts
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.