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Old 20-08-2022, 09:55   #941
OLD BOY
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Re: The energy crisis

Quote:
Originally Posted by jfman View Post


It must be nice with your feet up Old Boy but out there in the real world your delusions won’t pay the bills for individuals and businesses that need support now.
They are already getting support now. The increased price cap is for October.

---------- Post added at 09:55 ---------- Previous post was at 09:52 ----------

Quote:
Originally Posted by jfman View Post
Unsure of the relevance to the end user who can't afford it or collapsing business is to be fair.

The fact that there's large scale taxpayer subsidy universally supports the fact the market has failed. I'm surprised you see that as a "gotcha" moment against others who argue for greater state involvement in markets that are blatantly not competitive.
Russia has failed the world. They were trusted to ensure continuity of supply and we did business with them.

The markets have reacted appropriately by increasing prices to reflect increased demand. How people who can't afford it are helped is a matter for governments.
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