The United States is starting to see a surge in electrical costs. Take a look at the above chart.
US electricity bills rose 15.8% in August yoy, the highest since 1981.
— The Sirius Report (@thesiriusreport) September 13, 2022
It might not be as bad as what is happening over in Europe, but these increased power costs are going to have a very negative economic impact.
This economy is going into the toilet. Nobody can tell me anything different.