Oct. 18—There’s no denying that it is a turbulent world. The twists and turns will leave the unprepared tossed aside. Witness, the vaunted “price cap” on Russian oil that Federal Reserve head Janet Yellen and the EU’s Josep Borrell worked so hard to impose upon Europe and dictate to Russia. The EU drafters on the energy crisis apparently just walked away from more sanctions, and acted—even in their awkward, still incompetent fashion—as if they were hearing crowds of citizens in the streets of France, the Czech Republic, Belgium, Holland, Germany and Italy. The draft reads: “This is the moment to act, for this winter and beyond…. The current situation causes economic and social hardship, placing a heavy burden on citizens and on the economy.”
