The revenge of the old economy

It is tempting to blame today’s shortages in the «old economy» – everything from energy to other basic materials, and even agriculture – on a series of temporary disruptions driven largely by the Covid-19 pandemic.

Publisert: Oppdatert:

After years of neglect, today’s rising gas prices, copper supply shortfalls and China’s struggles with power generation are the «old economy’s revenge». The picture is showing a gas power plant in Brussels.
After years of neglect, today’s rising gas prices, copper supply shortfalls and China’s struggles with power generation are the «old economy’s revenge». The picture is showing a gas power plant in Brussels. (Foto: Gunnar Lier)