Europe Is Bound to Collapse

A truck drives by as steam rises from the five brown coal-fired power units of RWE, one of Europe's biggest electricity companies in Neurath, north-west of Cologne, Germany, on March 12, 2019. Wolfgang Rattay/Reuters

Commentary 

I have been watching, with horror, the escalation of the economic situation in Europe since about mid-February. On Feb. 21, I published a short Twitter thread detailing the economic worst-case scenario for Europe if the war between Russia and Ukraine would break out, as it did.