What is predicted to happen in Europe is just stunning, literally stunning.
♦Context – According to official data from the World Bank, the combined Gross Domestic Product (GDP) of the European Union was just over $17 trillion US dollars in 2021. That is the last calculated measure. The combined GDP value of European Union represents roughly 12.78 percent of the world economy.
According to analysts for Goldman Sachs, the current energy crisis in Europe has increased electricity prices at a rate that is increasing almost daily. Within the data it is now estimated that households within the EU will pay an additional $2 trillion for electricity in the next year.
Put that $2 trillion into context with their GDP, and that scale of energy cost would be wiping out 12% of the purchasing strength within the total EU economy. Forget about buying anything else, if this analysis is correct Europeans will be buying food and energy, nothing else.
If you consider what that means, it is bordering on full economic collapse of western Europe.
What is being described above is what we posited when we outlined the impact of the “Energy Economy” {Go Deep}. When you suck 12% of the purchasing power out of an economic engine simply to maintain the status of current energy use, everything else starts to collapse.
Also keep in mind we are only talking about the direct impact of $2 trillion in electricity cost. The downstream consequence is far greater because everything created, produced, or manufactured, including food, is dependent on electricity – which will drive the final cost to produce of all those products even higher.
The damage is almost unimaginable in scale.
[Fortune] – European households should brace for an expensive winter owing to the continent’s deepening energy crisis that will likely send electricity and heating bills soaring.
Energy affordability in Europe is reaching a “tipping point” that could peak next year, with total spending on bills across the continent growing by 2 trillion euros ($2 trillion), a Goldman Sachs research team, led by Alberto Gandolfi and Mafalda Pombeiro, said in a note published Sunday.
Many European households are already feeling the bite of a steadily worsening energy crisis, brought on by Russian natural gas producers intermittently pausing flows along the critical Nord Stream pipeline following Western sanctions this year.
Energy bills at some restaurants and coffee shops have already more than tripled this year, but with threats looming that natural gas supply from Russia could become even tighter as the Ukraine War rages on, analysts warn that Europe’s coming struggles are set to rival some of the worst energy crises on record.
“The market continues to underestimate the depth, the breadth, and the structural repercussions of the crisis,” the Goldman Sachs analysts wrote. “We believe these will be even deeper than the 1970s oil crisis.” (read more)
The economic contagion will not be isolated to Europe.
The impacts to the social fabric are also almost unquantifiable in scale.
Example: What happens to migration patterns when economic migrants are now considered a threat to scarce resources?
While the US is not quite in the same level of energy desperation, what we were discussing last week is an example of the problem we too may face.
Let’s say you are an average USA Main Street household with an income around $100,000/yr, and you now face an increase in electricity rates from $300 to $500 due to Joe Biden’s new national energy policy known as the Green New Deal. That’s $200 more per month for this initial economic/energy “transition” moment.
That extra $200/month equates to $2,400 per year.
That $2,400 per year is static economic activity. Meaning nothing additional was created, and nothing additional was generated. The captured $2,400 is simply an increase in the price of a preexisting expense.
Take that expense and expand it to your community of 100 friends and family households. The $2,400 now becomes $240,000 in cost that doesn’t generate anything. $240,000 is removed from the community economy. $240,000 is no longer available for purchasing other goods or services within this community of 100 households.
The economic purchasing power of the 100-household community is reduced by $240,000 per year.
Take that expense and expand it to your county of 10,000 households. Now you are reducing the county economic activity by $24 million. In this county of 10,000 households, $24 million in economic transactions have been wiped out. Meals at restaurants, purchases of goods and services, or any other spending of the $24 million within the county of 10,000 households (approximately 25,000 residents) has been lost.
Now expand that expense to a larger county, quantified as a mid-size county, of 50,000 households. The mid-sized county has lost $120 million in household economic activity, simply to sustain the status quo on electricity rates. Nothing extra has been generated. $120 million is lost. The activity within the county of 50,000 households shrinks by $120 million.
Expand that expense to a large county of 100,000 households, and the lost economic activity is $240 million.
Expand that expense to a small state of 1 million households (2.5 million residents), and the lost economic activity is $2.4 billion.
Expand that expense to a state with 5 million households (approximately 12 million residents) and the economic cost is $12 billion in lost economic activity unrelated to the expense of maintaining the status-quo on electricity use. This state loses $12 billion in purchases of goods and services, just to retain current energy use.
These examples only touch on household expenses. The community, county and state business expenses for offices, supermarkets, stores, etc. are in addition to the households quoted.
Meanwhile the Gross Domestic Product (GDP) of the community, county and state, remains static because the GDP is calculated on the total value of goods and services generated in dollar terms. The appearance of a static GDP is artificial. In real Main Street terms, $12 billion in economic activity is lost, but the price or increased value of electricity hides the drop created by the absence of goods and services purchased.
Fewer goods and services are purchased and consumed. However, statistically the inflated price of electricity gives the illusion of a status quo economy.
Now expand that perspective to a national level and you can see our current economic condition.
All of this is being done under the justification of “climate change.”
Previously I would have said this level of economic impact in Europe would lead to a total revolt against the government. However, with the backdrop of the recent COVID lockdowns and government control mechanisms in mind, and looking at the citizen compliance that took place in response to those government mandates, it is now more likely the citizens in Europe will simply bow to the energy control mechanisms of the governing authority.
It’s almost as if the COVID compliance effort was the test…
“………..energy bills will necessarily skyrocket.”
-The One
Updated from an earlier comment:
While the MSM frets that the American DESERT southwest is hot for some reason (Oh, wait! It’s a DESERT!), the entire Southern Hemisphere – where Winter supposedly just ended and where temperatures have been COLDER than normal – still sees snow!
Courtesy of Electroverse.co (Sic! Not ” .com”_)
“Christchurch Sees Its First Flurries In A Decade, As Rare Spring Snow Sweeps New Zealand –
Spring is delivering substantial sea-level snow to New Zealand this week, with flakes settling in Christchurch, Dunedin and even Wellington–conditions driven by a fierce polar front powering its way up country….
“Higher still, Canterbury’s Mt Hutt Ski Area registered close to 20cm (8 inches) of powder on Monday:
“It is bitterly cold up here this morning with a wind chill of -26C (-14.8F) at the summit so dress for mid-winter conditions,” the Area told skiers….
“…And a quick word on Australia, spring is refusing to show its face there, too.
Following a colder-than-average winter, the Aussie continent has continued to be buffeted by ‘blues’ and ‘purples’:…”
UPDATE:
“Europe’s Energy Woes Intensify As Russia Cuts Off Nord Stream
European governments are reevaluating their emergency plans following Russia’s decision to keep its main gas pipeline shut indefinitely. The continent’s energy woes are now turning into a full-blown catastrophe, threatening to dwarf the billions of euros of relief on offer for consumers and businesses.
Gas prices surged more than 35% on Monday as traders reacted to Russia’s turning off of the spigots.
The euro slid to its lowest in two decades.
And equities tumbled.
Last week it was announced that Europe’s gas storage sites were being filled quicker than expected. But that was last week. Concerns have now shifted to how winter demand will be handled given the lost flows from Russia.
Germany is now unlikely to meet its target of filling storage sites to 95% by the start of November, and it is feared that a cold autumn would actually eat into supplies before winter-proper has even kicked in…”
See:
https://electroverse.co/rare-spring-snow-sweeps-new-zealand-energy-woes-intensify-agw-is-for-dummies/
Your colder-than-normal report explains why the greenthugs now refer to “manmade climate change” i/l/o “global warming”.
Kiwi is suffering the effect of the idiot Jacinda Ardern who is an alumni of the WEF’s young leaders school.
I read Germany runs out on Nov 24th
When people get cold, get an ax and chop some firewood. Like in the 1800’s.
It’ll be wet.
Proper firewood requires seasoning.
True. Australia has had the coldest wet winter and the coldest wet spring too
The citizens of Europe will beg their governments for aid and relief from the higher prices.
Buy what you can now, especially if it comes from Europe.
“Beg” may not end up being the precise verb..
Liz Truss vowed ‘immediate’ action to help Britons with energy costs if she is confirmed as Tory leader .
The conservatives have become liberals. And the liberals have become communists.
Australian miners rejoice at Europe’s energy crisis as coal prices BOOM – as European countries consider rationing fuel
-Miners have reaped huge profits as the price of coal reached record levels
-Profits in the mining sector rose by $10.2 billion or 14 per cent in the June quarter
-An energy crisis is currently devastating the EU as nations consider gas rationing
-The crisis has been exacerbated by Russia’s decision to halt gas supplies
https://www.dailymail.co.uk/news/article-11183503/Australias-coal-price-rises-amid-deepening-energy-crisis-Europe.html
It’s a controlled collapse of the existing economic and social system. Putin is going to get blamed.
It’s going to be hard to control the blow-back however.
I predict an epic winter in Europe.
I’m not so sure. Mass protests are ramping up across Europe already.
And they are not blaming Putin. They are very angry at their own reckless Governments.
Yea that was the blow-back I was talking about…
Protestors will be villified and controlled.
You and I saw what happened in DC, in Canada (Freedom Truckers), in Australia, etc. so your comment is justified.
Unless it’s a full on total blitzkrieg of “citizens” marching with whatever weapons they can grab to remove the dictators, I don’t see any help for these people.
I’d like to know if the majority of EU folks are split like we are here in the US or are most of them brainwashed like the ones in this country still wearing a mask, in stores, outside and in their cars!
Time will tell…..and the bell is about ready to toll. Ding Dong……
Ukraine could make some serious $$ funneling all the weapons Western Europe is sending them onto the black markets selling weapons in–wait for it–Western Europe.
And they should be. Their leaders should not make them suffer for some Green New Deal.
If they are too cold to go out and protest… Is it possible the powers-that-be are of that mindset?
Read what the europeans had to go through in WWII
I am reading a book by a man who as a 12 year old boy survived.
They are made of stronger stuff than us.
bw the book is called “The Boy in the Woods” by
Maxwell Smart.
Nice try! Hilarious in fact, but we all know Maxwell Smart is a fictional character on the Get Smart tv series. I do believe it was based on the true stories of the FBI
j/k
Maybe the generation that lived through World War II was made of stronger stuff, but the children and grandchildren they produced have grown up in socialist Utopias, paid for by the US taxpayer covering all of their defense costs. They have no idea how to save, how to sacrifice, or literally how to survive! It is going to be a very long winter and I suspect many Europeans will not see the spring…
Yes. They and the immediate post war generation grew up tough. I had 3 dresses and 1 cardigan. Win No winter dresses. Ate porridge for breakfast and white bread jam sandwiches for lunch. Then a cooked meal with tough meat and potatoes and rice and 1 veg. Didnt do me any harm.
Protesting is a way to stay warm – you can’t start a dumpster fire in your living room. I think that being in a huddled throng on the streets with bonfires will be the preferred way to pass the cold winter evenings to come. Companionship, comraderie, vigorous physical activity, and homebrew will rule the night.
Ironically, I think Putin will be an unsung hero and put an end to some of this climate change nonsense. The EU will have no choice but to go back to using fossil fuels and nuclear power.
This is 100% self inflicted.
A three decade long super slomo own goal.
Only the very dumbest of the dumb will truly believe that Putin had anything to do with our implosion.
As a poster further up the thread so eloquently stated.
“I’ll place my bets on the ‘Angry, Tired, Cold, Sleep Deprived, HUNGRY, BROKE, citizen of any country over the Cabal.”
Devastating energy data for UK also. Article entitled, “UK Energy Bills Expected to Rise 80% in October”. The numbers are staggering.
FTA: The British energy regulator Ofgem released a troubling report citing that the average household will pay $4,200 on energy over the next year, compared to the current $2,330 annual average.
The UK raised its energy price cap in April by 54% and is expected to raise it once more this October by 80%. “This will be devastating for many families,” Jonathan Brearley, chief executive of Ofgem, told the BBC. “The difficult news I have to give today is that prices look like they are continuing to rise.” This is a drastic understatement.
https://www.armstrongeconomics.com/markets-by-sector/energy/uk-energy-bills-expected-to-rise-80-in-october/
The planned energy shortage in the UK will kill off a lot of those nasty old people who live on pensions. Yes, that’s how evil those SOB’s are who call themselves politicians. If people don’t die fast enough from the covid shots then starve them and allow them to freze to death. Many people who used to be athiests now believe in God due to their realizing that Satan quite obviously exists. Satan has recently been a great recruiter for God by showing his presence.
and it is happening here NOW with senior citizens living off of social security.
They believe they are saving the planet.
They believe they will all die from climate change unless something drastic is done.
They believe the tv.
They believe what they are told by their tv.
They still believe that the experimental injection saved them.
Even after they get sick with covid a third time because they have a form of AIDS that prevents them from developing immunity to the new variants, they express their gratitude to the experimental injection.
These are the hollow people who follow the tv. They are all around us.
They terrify me.
And they will be very cold this winter.
Went through Starbucks this morning, nice lady but is very dark skinned, wears a rainbow pin, usually a “black partners” Tshirt and I’ve seen her with BLM stuff before……..I could only chuckle on the inside as her large “I’m vaccinated” pin was on her shirt and she was wearing a mask.
It’s as if some people gain pleasure from seeing how compliant they can be, this “global warming” non-sense has the same deranged cult-like compliance.
Those same people are the ones dying in the hospital from a destroyed immune system and begging for another booster. Leftist martyrs.
I do believe I’d switch to gas station coffee, rather than endure such virtue-signalling displays of unchecked jackwagonry first thing in the morning.
Indeed – learn to relish cheap, black coffee. You won’t find lattes and foamed milked on the street or in the woods.
I wont give Starbucks any money. I use instant coffee and I can froth my own milk at home. Tastes Ok to me
It’s tons cheaper to make your coffee at home in any number of electric pots. No coffee is as good as you can make it at home. What the heck is wrong with everybody that they need to spend the cost of a daily “store-made” coffee when that coffee can be made at home for pennies per day. Maybe this is easy for me to say, as I like plain black coffee in the morning. I have a daughter who likes sweet coffee. She makes it at home, grinding her beans of choice and adding whipped cream. There is no reason to spend $5.00 – $7.00 per day on a cup of coffee.
Home brew is so much better and the home atmosphere as well!
Unless you’re in Vegas, where that coffee costs $20 per cup. Then there’s a reason to look for $5 coffee
As the energy bills rise, people won’t be able to afford fancy coffees and lattes.
Costco’s French Roast Whole Bean is half the price of the SB’s equivalent and tastes better.
I switched this summer. Sure it’s terrible but it was good enough for my dad, and it’s good enough for me.
They wear masks to stop from getting Covid, but they don’t stop from going to Starbucks to stop from getting fat.
Why do you go to Starbucks? We’re in a war for the survival of civilization… asking for a friend
History
Most do not believe any of this crap. Only the politicians and
their fascist followers.
Do THEY really believe it??? Or are they just ignorant followers of the Leftist mantra? The ignorant among us is a serious problem IMO.
I don’t know about any of this…..Everything seems staged….Zelenskyy rings the NYSE bell today….Tell me that’s not bizarre for someone who’s supposed to be in a War….Makes Zero sense……
As far as Putin invading Ukraine….It seems to me that this allows Russia to unload old military Technology, bombs etc…..Exactly what we did in the Middle East while also destabilizing the whole region and causing mass migration around the World…
What’s also bizarre…We were in the Middle East for 20 years and couldn’t beat Primitive Man living in Caves….Yet, the Pundits say nothing about this….Why??? Because it was a 20 year long ‘Money Laundering’ scheme…..
Glamour-Boy Zyyy also penned a NYT op-ed piece a day ago inviting people to “invest in Ukraine as an up-and-coming hub of cyber ingenuity”. I recall that much of the vote manipulation late at night in November 2019 was traced to bots and servers in Ukraine.
Billions of confiscated US taxpayer dollars have already been dumped on Zyyy and his coterie of virtuous thugs. Now we should voluntarily send more money.
PT Barnum is alive and well somewhere in a NATO conference room.
It is all staged. the “War in Ukraine” is a fake news narrative which many here believe is an actual war taking place. Would think we would have learned from the covid hoax already.
Maybe it’s NOT 1984. Maybe it’s Wag the Dog.
The price of Energy is in all products and services to one degree or another, it’s the master resource.
This is what is driving consumer price inflation. Raising interest rates simply deflates asset prices.
In short everything you consume will go up in price (energy) and everything you own will go down in price (interest rates).
You can’t solve scarcity with more electronic IOUs.
Thats it. There is no prosperity without cheap energy. Touches everything.
How true!! Spread the word!
Not going to happen, people will just refuse to pay their bills across Europe and there would be nothing that can be done about it. I think it’s probably safer to suggest that this report is designed to give politicians public cover for a planned volte face over energy. Russia will be conveniently blamed and Ukraine is already being encouraged to speed up it’s self-destruction by launching end of regime style counter-attacks to hasten it’s demise. The lifting of sanctions will then follow because public support for Ukraine will evaporate and European governments, having stared into the jaws of the beast, will ruthlessly remove green-zealots from positions of power, whilst mouthing platitudes. It’s already started here in the UK with the appointment of a pro-fracking, pro-fossil fuel, anti-Green Energy Secretary.
Geeze I hope so.
From your mouth to the Lord’s ears.
Years ago the garbage men went on strike… and the trash was like mountains through towns in Sicily.
In the midst of a scorching hot summer it was horrible! Flies, maggots, rodents…., and the stench 😱
The people took matters into their own hands
– they burned the trash.
Yep!
Fires burning all over the place till the trash was gone.
For a long time all I can think of to say about Britain is they are truly s&^*$#). I sure hope I’m wrong but until they stop letting their government replace them with Muslims pretty soon their won’t be enough Brits to fight against anything.
I was born and raised in Greater London before coming to the land of the free when it was actualy free. I can tell you that the Britain is already finished. The new prime minister, Liz Truss, a complete and utter moron has just stated that no top government officials in her government will be white males. Only women and people of color will be chosen to serve. What a stupid, racist bitch she is and to top it off she is white, go figure.
reminds me of the Seinfeld episode where bald Costanza criticizes bald people as unattractive. His friends remind that he is a bald… Costanza is unfazed.
Those who don’t pay their bills will have their gas and electricity cut off, it’s that simple, they want people to die.
This makes so much sense that it would impossible for it to occur.
I see people asking : ” Didn’t they know the outcome and economic projections these events would have ? ”
The answer is a resounding YES. The answer can be found in a leaked globalist think tank paper called:
SILENT WEAPONS FOR QUIET WARS
Search for it and read it, it is not that long. It states that economic flows can be predicted , and the effects of ‘ Economic Shock Testing ‘ discovered by applying electrical current flow theory to ” money flow “.
Further , and more importantly , the elite / globalist say within that since populations will not curb their excess demands of ‘ consumption ‘ …….. THEY have decided to do it for us. They see only 2 choices :
Let people destroy themselves and the planet in wars OR employ ” Silent Weapons ” to reduce consumption to a ‘ safe ‘ level through benevolent slavery & genocide.
Climate change is just the surface excuse.
Saying people are going to destroy themselves and the planet in wars is just a surface excuse, too, heh. It’s always money and power, nothing else.
Article entitled “Germans Stockpiling Firewood”, but currently there is a shortage of firewood.
FTA: Reports are growing from Germany that people are stockpiling firewood before the winter season. Google search results for “brennholz” (firewood) peaked this August in Germany as their government announced they would continue supporting Ukraine indefinitely.
Half of German homes are heated by natural gas, while a quarter uses oil. Less than 6% reported using firewood, but that is set to change as even firewood is now in a shortage. Germany’s Federal Firewood Association announced earlier in the summer that wood was becoming scarce. People are now importing firewood from Poland, but people there are also buying up firewood as no one can afford these rising prices. Governments are offering no solutions, and people have reason to fear the future.
Versorgungssicherheit is a word describing the fear of a shortage. Due to this fear, many companies are rationing the number of firewood bundles people are allowed to buy. The Federal Network Agency expects gas prices to TRIPLE by early 2023.
https://www.armstrongeconomics.com/markets-by-sector/energy/germans-stockpiling-firewood/
“Lehman Event” Looms For Europe As Energy Companies Face $1.5T In Margin Calls
https://oilprice.com/Energy/Energy-General/European-Energy-Companies-Face-15-Trillion-In-Margin-Calls.html
All those years of socialism’s parasitic living off of America’s defense and the blind acquiescence of the Green Party WEF b.s. are coming home to roost. The climate warming hoax and all its ancillary b.s., plus the arrogance of the EU, crushing its citizens just like Klaus Schwab directed.
Insanity at it’s worst.
So they sanction the killing of pro Russians living in Ukraine by Zelinsky-backed Ukrainian Nazi’s, build up NATO satellite states on Russian borders, and blame Russia for the effects of their Great Reset, and then bitch how bad Putin is because he cut off the gas coming from Russia.
And no one blinked an eye when Sanctions were put on Russia which they thought would hurt the Russian citizens.
And now they want to act shocked and outraged when Russia “sanctions” them.
Hypocrisy is off the charts.
All on purpose, with malice and hate..
Lots need to hang.
Sorry the red flag was an accident that I can’t take off
The American Taxpayer and Russian gas has been supporting the European bloated Welfare State. There is nothing else.
So…. can the American Economy, and the American Taxpayer, squeeze out another $2 Trillion to support lazy Europeans? Apparently peeing on Putin’s pantleg doesn’t beget the demanded results.
I literally just managed to leave CT- I’m leaving for NC in October! Yay!! (The flooring guy from NC was thrilled to hear that I’m 100% MAGA and not some dumb Democrat :))And my new house comes with a one bedroom house on the side where my dear friends from Berlin can come to stay as long as their tourist visa will let them- he’s a chemist and honestly we’d be lucky to have him working here, I hope to talk him into it.
What few people know is that European companies can charge you things retro-actively! So they were already electricity bills that they decided to increase in price from March up until now! It’s absolutely incredible the magnitude of the costs- it is going to be absolutely catastrophic. I read somewhere that they expect 40-60% of all businesses in London to close because they cannot pay for the heating and electricity and higher labor costs.
Unfortunately, it HAS to go rock bottom in the EU because the German public (and EU bureaucrats), as an example, still has around 55%-60% thinking that this the right thing to do for UKRAINE- completely delusional. They need to freeze their behinds to get the concept through their heads.
So no job, no savings, no food, no heat.
Anyone that isn’t red pilled after all the above is certifiably mentally ill.
Welcome to North Carolina.
The government regulators control all sources of energy. They created this doom. Sharpen your pitch forks they have taken your lead producing vehicles to put you in a place of submission.
You can dig down about 10 feet and get 55F temperatures. Might try geothermal HVAC next.
Dig down two feet in most parts of Florida and you hit the water table. Dig ten feet and you have an eight foot deep pond. Not sure about the temperature of the water but I doubt if it is very low.
you can learn a lot from Indians..
Jefferson Davis honored every Treaty he made with the Indians.. the Yankees made Treaties with them then stabbed them in the back.. never..ever.. trust a fck’n Yankee.. I digress..
if you are out in the wild.. make a fire.. put rocks in it.. then dig a shallow bed in the ground.. lay the hot rocks and coals in it.. then lightly cover it with soil.. lay your bedding and/or yourself directly on top of it.. ..a warm bed..
and build a teepee or something around it..
Nordstream, my friends, is blowin’ in the wind … You’ll freeze to death blowin’ in the wind.
Energy Trade Risks Collapsing Over Margin Calls of $1.5 Trillion
https://archive.ph/MIPVy#selection-3617.0-3635.59
And so it begins
Switzerland rescues its local utility (and a big electricity trader on its own) Axpo Holding AG with CHF 4 billion credit line to cover margin calls. The Swiss government called Axpo a “systemically important electricity company”
https://www.krqe.com/news/business/ap-switzerland-to-extend-4b-credit-line-to-energy-company-axpo/
Similar story over at ZH with additional detail: “Europe’s Nightmare Scenario Comes True: Energy Bills To Rise By €2 Trillion, Will Reach 20% Of Disposable Income.”
Biden says he will make new emissions restrictions for cars + power plants by – Executive Order
Zerohedge
Buck Fiden
Don’t worry Euros, Vlodymyr Zelensky will come to your aid. This will be after he single handedly defeats the Russkies with the help of billions from the US treasury plus aid from the Eurocrats in Brussels. I saw him in fatigues speaking with an MSM clown so he must have just come from dodging Russian artillery fire on the eastern front. He’s truly amazing.
All for a good cause, rescue the planet from carbon pollution and save our democracy.
Who needs heat, transportation or food. Slava Ukraine.
But, don’t hold your breath. Me thinks a shit storm is coming.
Its a double-edged sword:
Its not just 12% of 2021 GDP lost to energy costs, it’s the shutting down of much economic activity that will result from the huge increases in energy costs.
GDP will fall to a fraction of previous years GDP.
Then the real problems begin spiraling.
Hello.
Michael Yon is currently located somewhere in the Netherlands. Seth @ Man In America did a long interview of Yon. Yon rambles, but in it all is very good current on-the-ground information.
When asked why he wasn’t covering the Ukraine war since he is a war correspondent, he said that issue will disappear immediately when the EU energy/food shortage hits full steam. By contrast, (paraphrasing) a nothing burger. So, he’s hunkered down in EU as this unfolds.
He said he was on the USA border recently, asking the illegals what country they came from and why they left. Food shortages were referenced a lot. He said food shortages/famines will increase out illegal immigration. Makes sense.
Follow Yon on Locals for on-the-ground EU reporting. Below is a blog post. The line which stood out to me was: “They [EU] are committing Death by Putin.” The link to his interview is embedded.
https://michaelyon.locals.com/upost/2694105/germany-forces-russia-to-help-in-assisted-suicide
Scary thought if we arrive at a point in time when illegal immigrants from Syria and Mexico think it’s better to return home.
Well that could be a good thing.
I did read of a family from Yemen, who, upon seeing what the crime for a poor family in San Francisco was like, was planning to return home…
That’s what Chase’s Jamie Dimon meant when he described this as the coming economic “hurricane.”
There’s a big difference between “Covid Compliance” and “Energy Compliance” when you are literally freezing to death. Energy control mechanisms of the governing authority be damned, freezing to death is up close and in your face. The politicians had better solve this issue quickly or they’ll find themselves hanging from streetlights like Christmas ornaments.
I’m sick to death of these useless old sour ugly relics who ought to retire and go home but instead are sticking it to us just because they can, are soured on life and want us all forced to be their slaves and do their bidding.
This is their entertainment. They are all too old and demented to be making demands of the rest of us.
This country is being run into the ground by demented old farts.
Nancy Pelosi want to become the Ambassador to Italy, if the Republicans take back the House. I am praying the Republicans win the House in November.
She can run, but can’t hide.
It feels that the majority of ‘representatives’ in the Western world have had their minds possessed by a demon bent on the destruction of mankind.
Is any Christian feeling this?
it has been that way since before COVID
I’ve often felt like the world went spinning off into an alternate/parallel path either the beginning of the year 2000 (I know, 2001, but still…) or on 9-11, take your pick. Nothing has felt right since then (except for the few years of PDT, which were almost manic in their “rightness,” like we hear about the 20s just before the depression.) And now that the demonic spawn have their hands of the reins again….that they never meant to let go of..
Well. I’m still hoping for Brave New World over 1984, although it’s too late to pull back on 1984, with everybody buying their own Big Brother screens and totin’ ’em around.
spaul,
Yes! Thank you!
I swear I can feel the creeping blackness and evil upon us in my soul. As a result I Bible study every evening, it gives me peace.
I will remain in the Word of God, for at this point in our country I feel no comfort, except from PDJT speeches.
Blessings to you.
this winter in europe:
“bring out your dead”
it’s going to be tragic beyond imagination. Not biblical…but so very unnecessary and avoidable.
all it takes is for the EU/NATO and the US to sit down at the table and negotiate a settlement with russia. That’s all it takes. It’s too late to save lives this winter, but not doing it now, will cause this crisis to continue for many MANY YEARS.
Prediction: there will be mass riots across europe this winter and well into the spring. People are not going to take it nicely watching the dead bodies getting hauled out next door and starving to death. And that’s not even counting those who will lose their jobs and become penniless and hopeless.
the conditions are ripe for a world war. I predicted this would happen as soon as this late summer. It still could. I hope that it does not, but these are the types of patterns that precede world wars. Economic disaster, hyperinflation, scarcity, and political turmoil.
I am praying every single day that europe finds a way to settle it’s petty grievances with russia. At some point these emebeciles have got to start thinking about the people …their own people.
I can’t imagine any human alive so callous they cannot even discuss making peace with russia over this global energy war.
If the EU and NATO cannot pull itself together and find a peaceful way to resume gas and oil transactions with russia, I will also predict that there is going to be a mass exodus of europeans who will find a way to the US and canada. We will see this. I am sure of it.
God Bless America
and special prayers for european people. all. They deserve a better government. as do we!
“at some point… they have to think about their own people” this is the essence of the America First concept. In the larger context its about everyone competing to win – its what we as humans have always done and do it well and successfully and what the lib/soc/com’s hate the most.
If this doesn’t convince the people of Europe to throw out their woke governments, then I doubt anything will.
Covid lockdowns would be a bloody stupid test to see if you could starve and freeze people and expect them to be as compliant. Lockdowns damaged small businesses, mine included, but the majority in the UK made money, got to work from home, i.e doss around whilst being paid. Sure their were inconveniences and heartache due to restrictions, but you were not freezing and hungry.
If I was to look at all the moves of all the pieces now, I’d say that the contollers now realise they made two potentially fatal mistakes, thanks largely to the nature of the big-tech, bureaucrat coalition. They underestimated the speed with which the economic engine slowed down, when burdened by the ‘new green economy’ and they over-estimated their ability to control the population. I used to keep venus flytraps and their success was due to the speed of their closing and the speed of the fly, in touching the trigger hairs, if either did not fit as strict set of parameters the fly escaped.
Faced with this situation and its dire results I think they will try to swap horses mid-race and the progressives will be in the firing line. MAGA gets in the way of this swap and threatens them just as they are at their most vulnerable, hence their redoubled efforts to crush and vilify the movement.
I sincerely hope the Europeans are wise enough to not blame Russia.
Russia had nothing to do with the fiasco the European leaders have created.
The damage has been self-inflicted, and for what? The Green New Deal?
How’s that working out, asks the Bald Eagle as he strategically navigates thru the slowly turning blades of those, oh so gentle, windmills.
My hope is that there are enough people who recognize reality, and will (can) do something about it.
The globalists, and there march towards world domination — must be stopped, somehow.
Otherwise, an awful lot of people are going to die.
there = their. I know better.
What the World needs is Trumps leadership and competence.
I’ve been listening to an older audio book about the corruption in DC. It is mostly about Obama’s era. Each chapter outlines how they regulated different industries, ruined them, then when stock was low bought them up. They made billions. I can’t help but see the same thing happening now with energy. While they ruin the western countries, behind the scenes they are playing the hedge fund game and other financial games, ready to make some big, big money. Interesting to me was creeps like George Soro’s, who outwardly supports climate change, but was buying up coal stock while Obama was attacking the coal industry. These people are just plain evil. It disgusts me.
It was deliberate.
I don’t think Europeans will just take it. When their children are cold and hungry, I hope they will look for the ruling “elite” to mete out justice. They will have nothing left to lose.
Energy is a “non-core” cost though, it is generally not relevant when looking at inflation.
Energy (and food) are non-core by definition.
But energy and food most definitely are feeding through to the core rate.
Even if their current severe rate of change subsides, entrenched inflation in the form of a ‘bonfire of the fiat currencies’ is a game changer.
It’s non-core in a manipulated statistic
However it’s literally central to life and living.
I wish I could a more active member here but the time it takes me to reword and rewrite my posts after deleting long profane diatribes leaves me exhausted. Tonight I have condensed it to : The leaders of the world who have used their power against the well being of their citizens are giving prostitutes a bad name. Wh-res the lot of them! They have sold their souls to the devil.
haha…you do that, too, eh?
Good job. 🙂
More windmills!
Why are we trying to put lipstick on this pig called DEPRESSION. If the Leftists continue on this road they have paved, that (depression) is the name of the road. “Desolation Row.” (Bob Dylan)
These WEF tyrants have no idea what they are doing. Creating artificial scarcity has ALWAYS lead to war. How they can possibly believe they can pull this off without hot civil conflicts breaking is mind boggling. They think they can manage it because it’s not one country cutting off another country from access to resources. They think they can manage as simple internal strife within individual countries. This is very short sighted. If they thing they’ll be able to keep the pitch forks and torches from breaking out when the people decide to start searching for THEM!
I’m not at all sure they haven’t anticipated if not welcomed war.
It only now occurs to me, the sanctions on Russia were a propaganda tool. Europe knew Russia would retaliate with an oil embargo over Ukraine, so they declared the sanctions themselves so they could claim it’s their idea. All part of their plan.
….and the U.S. will go the same way…..sycophantic, fearful compliance…
oh, with the Patriots cautioning us the time is not right, keep your powder dry, protesting is what the Left wants us to do…etc
Two points. Another unintended but catastrophic effect is this crisis will turn out the lights on European manufacturing. This will dramatically reduce the 17 trillion GDP. Further, there will be two waves of food security crises: a bad one from the poor harvest this year and a catastrophic one from the fertilizer shortage the following year.
Europe is literally falling off a cliff.
It is hard to imagine the level of evil that has these European governments facilitating the collapse and destruction of their economies. To destroy the economic lives of tens of millions of their citizens for an invented crisis that does not exist. Yes, this created fake crisis will create a real economic crisis of an unimaginable magnitude. I shudder to think of what actions these evil governments will take to control their respective citizens. Is it to late for the citizens of the EU Countries to avoid the impending collapse? What if anything can they do? Will this European collapse wake up enough Americans to take action thereby avoiding a similar fate, or is the die cast for the United States as well? One thing I do know. All of this was done intentionally and was 100% avoidable.
I agree with your comment and I believe a struggling population is a compliant population. If you can walk the fine line between struggling and starving they can ‘manage’ the unrest.
What I disagree with is that you don’t see this same thing happening in the U.S. now. All of the things affecting the E.U. are already here. Added to this is the fact that corporations are global entities. They have fine tuned their abilities to distribute just enough resources to any region to maintain a high price regardless of country of origin. Normally the U.S. would be insulated from much of this….that is no longer the case.
They know they will control what happens when economies and civil society collapses. The goal is not to build a new society but just to destroy this one, and depopulate the planet down to their imagined perfect number of 500 million. Once they get down to that number, the perfect non-racist socialist society will spontaneously emerge. Got it?
So far, aside from a few outlier countries–Sri Lanka, etc.–it appears most of the world will go gently into that totalitarian midnight.
The bells are a ringing, but few are awaking…..
Not the United States. Trump is coming back. It won’t take him long and he’ll have all this shit straightened out. Other Nations will follow.
So tell me why as hundreds of millions see their living standard drastically declining and thousands of businesses are going belly up why everyone is just going to go along with this insanity.
Victoria is being groomed for an energy crisis by green lunatics | Cairns News
Victoria State in Australia sits on vast amounts of natual gas. it’s almost free to them.
But the WEF groupies want to spend 60 Billion to retrofit for windmill power etc.
Madness.
Imagine if Hitler and the Axis Powers had attacked themselves instead. That’s what this is like.
Liz Truss has promised in her first speech as prime minister “to take action this day and every day” to transform Britain into an aspirational nation, believing the country can “ride out the storm” of the cost of living crisis.
Ms Truss stood outside 10 Downing Street after a thunderstorm had swept through just minutes before, having been anointed by the Queen earlier in the day at Balmoral Castle. She pledged to deal with three immediate priorities: to grow the economy through tax cuts and reform; address the energy crisis with “hands on” action this week and to see that people can get the doctor appointments and health services they need.
Ms Truss hinted that she may look at expanding the North Sea gas and oil, as well as fracking, with a comment that she would “get spades in the ground to make sure people are not facing unaffordable energy bills”. Household energy costs have trebled in the past year while businesses have faced seven and eight fold increases.
Just before an evening in Westminster where she was to make her Cabinet appointments, many of whom watched her speech on Downing Street, Ms Truss noted: “We have huge reserves of talent, of energy and determination and I am confident that together we can ride out the storm.
“We can rebuild our economy and we can become the modern, brilliant Britain that I know we can be.”
Ms Truss also referenced Britain’s allies around the world, standing up for freedom and democracy and “recognising that we can’t have security at home without having security abroad”.