The mood in the United Kingdom during my recent visit was somber. But not just because of the death of Queen Elizabeth. Inflation there is rising. It could hit between 18% and 22% next year. Meanwhile, real wages are falling. And energy prices could jump by 80% in October. Natural gas powers the majority of the U.K.’s electricity. But supplies are restricted due to actions taken by Russia in recent months. And it’s not just a U.K. problem. Natural gas prices in Europe spiked by as much as 312% since Russia invaded Ukraine in February. Governments in Europe are scrambling to secure alternative energy supplies as the ... (full story)