Minsky Moment: Minsky Moment refers to the onset of a market collapse brought on by the reckless speculative activity that defines an unsustainable bullish period. Minsky Moment is named after economist Hyman Minsky and defines the point in time where the sudden decline in market sentiment inevitably leads to a market crash.
EU legislator's arrogance and ignorance has brought their energy market to the brink of collapse.
Here's a good overview of the current situation:
Klaus Schwab and the Davos gang is smiling.