lockdowns again, there s a real fatigue of those lockdowns, yet icu beds in germany and austria are filling up very fast. it s going to be a tough few months. interestingly, the uk is taking a very different approach. if you come to london, you will see the uk has a very relaxed approach. no mandates, no lockdown. and although cases have been moderate the last few months, what seems to be setting the uk apart is the much hiker rate of booster shots, much higher rate of third jabs, which means the hope here the fourth wave won t hit the uk. but you coupled it with the energy spike we talked about in the earlier segment, it s going to be a pretty grim winter in parts of europe. david, how should countries handle this? it does strike me if you have vaccinations and you could get a booster shot, doing another lockdown with the enormous economic costs that is involved. countries are having to pay so much in terms of subsidies.
it s going to be a tough few months. interestingly, the uk is taking a very different approach. if you come to london, you will see the uk has a very relaxed approach. no mandates, no lockdown. and although cases have been moderate the last few months, what seems to be setting the uk apart is the much hiker rate of booster shots, much higher rate of third jabs, which means the hope here the fourth wave won t hit the uk. but you coupled it with the energy spike we talked about in the earlier segment, it s going to be a pretty grim winter in parts of europe. david, how should countries handle this? it does strike me if you have vaccinations and you could get a booster shot, doing another lockdown with the enormous economic costs that is involved. countries are having to pay so much in terms of subsidies. there has to be some way to balance the risk and reward? first of all, let s recognize it must still in the gullette for millions of people around
On this episode of Fault Lines, hosts Jamarl Thomas and Shane Stranahan talk about the tribulations in Europe due to a massive gas shortage, German foreign. 06.10.2021, Sputnik International
eric: i spent 20 years in the oil industry. we had years whether we were worried we would have gasoline in the gas pumps and held hostage biopeck for their oil. now the shoe is on the other foot. they are asking us for oil. this is amazing. brian: for the first time. we were slow to capitalize on it until recently. think about last energy spike in 2004-2005. our businesses were strangled by the cost of fuel. airlines were charging surcharges. poland s water delivery energy surcharge. we don t have that anymore. the unleashing of the u.s. energy markets is probably the most successful thing that donald trump has done of all the things he has done. ainsley: he mentioned in his speech this morning that we are standing here in america on blessed ground and we have just discovered it over the last 15 years i believe he said. what did he mean by that? what s underneath? the fracking. the natural gas. we have always had it and had trillions upon trillions of barrels. we have never reall