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Europe Cannibalized
Europe Cannibalized Abandoned industrial building. Image credit: Pixabay Europe is in the process of losing its industry. It didn’t start this year, it was already going on for decades now. However, in 2022 the process has switched from a long slow grind to a considerably higher gear. Energy is the economy. This is the key point in […]
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis A number of countries in Europe may experience social unrest if the upcoming winter is harsh amid an economic crisis, the head of the International Monetary Fund (IMF) warned on Wednesday. “There is certainly fear of recession in some countries, or even if it is not […]
Europe’s Natural Gas Shortage Could Trigger A Food Crisis
Europe’s Natural Gas Shortage Could Trigger A Food Crisis Energy crises impact nearly every aspect of our lives, and that is particularly true of food markets, with food production next year expected to be severely threatened. About 70 percent of the cost of fertilizer production is solely the price of natural gas, and as the […]
TERRIFYING Report That Sent All Markets Crashing! (Stocks, Bonds, Crypto & Gold )
TERRIFYING Report That Sent All Markets Crashing! (Stocks, Bonds, Crypto & Gold )
Death by Hockey Sticks
Death by Hockey Sticks Courtesy Pixabay (PhotoMIX-Company) You may be familiar with the term “hockey stick curve,” used describe a trend that has been flat/stable for a very long time, but shoots up at the end of the series in dramatic fashion, resembling the shape of a hockey stick. Hockey can be a violent sport, […]
Intense heat and flooding are wreaking havoc on power and water systems as climate change batters America’s aging infrastructure
Intense heat and flooding are wreaking havoc on power and water systems as climate change batters America’s aging infrastructure The 1960s and 1970s were a golden age of infrastructure development in the U.S., with the expansion of the interstate system and widespread construction of new water treatment, wastewater and flood control systems reflecting national priorities in public […]
Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US
Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US Though the situation is ever changing, currently the Russian government has announced an official shutdown of ALL natural gas exports to Europe through the Nord Stream 1 pipeline and plans to maintain the shutdown until the EU ends its economic sanctions over the […]
This Winter, Europe Plunges Into “The New Dark Ages”
This Winter, Europe Plunges Into “The New Dark Ages” Could you imagine being sent to prison for three years if you dared to set your thermostat above 66 degrees Fahrenheit? As you will see below, this is a proposed regulation that is actually being considered in a major European country right now. If you have not […]
The EU’s Crisis Is Global: Neocolonialism, Hyper-Financialization and Hyper-Globalization Come Home to Roost
The EU’s Crisis Is Global: Neocolonialism, Hyper-Financialization and Hyper-Globalization Come Home to Roost The EU’s crisis isn’t limited to energy. It is a manifestation of the global breakdown of Neocolonialism, Financialization and Globalization. The European Union (EU) was seen as the culmination of a centuries-long process of integration that would finally put an end to the […]
Europe’s Nightmare Scenario Comes True: Energy Bills To Rise By €2 Trillion, Will Reach 20% Of Disposable Income
Europe’s Nightmare Scenario Comes True: Energy Bills To Rise By €2 Trillion, Will Reach 20% Of Disposable Income What is the scale of the energy challenge? We got a very shocking sense of the staggering numbers involved in the existential, crippling European crisis earlier today when Norwegian energy giant Equinor echoed what Zoltan Pozsar said […]
‘Worst Yet to Come’ as Global Civil Unrest Index Hits All-Time High
An opposition activist shouts slogans holding up bread as he protests along with others against rising living costs, at the entrance of the president’s office in Colombo on March 15, 2022. (Photo: Ishara S. Kodikara/AFP via Getty Images) ‘Worst Yet to Come’ as Global Civil Unrest Index Hits All-Time High “Over the coming months, governments […]
This Winter, Collapse Is Coming to Britain
This Winter, Collapse Is Coming to Britain Britain Is Standing at the Edge of Social Collapse’s Abyss — And It’s About to Jump Image via Mark Thompson on Twitter These days, my British friends ask me the same question, with the same faint tinge of terror in their voices. “So. How bad is it going to […]
G7 Russian Oil Price Cap, Admission of Defeat From Collective West–Part 2
G7 Russian Oil Price Cap, Admission of Defeat From Collective West–Part 2
Sweden, Austria Start Bailing Out Energy Companies Triggering Europe’s “Minsky Moment”
Sweden, Austria Start Bailing Out Energy Companies Triggering Europe’s “Minsky Moment” Last weekend, Credit Suisse repo guru published what may have been the most insightful snippet of the entire European energy crisis (to date) when he extended the infamous “Minsky Moment” framework to Europe, and specifically Germany, which he said “can’t cover its payments without Russian gas […]
“Exorbitant Rise In Energy Prices” Forces Europe’s Top Steelmaker To Close Plants
“Exorbitant Rise In Energy Prices” Forces Europe’s Top Steelmaker To Close Plants Even though European power and natural gas prices have subsided this week, Germany, the largest economy in the bloc, still faces historically high energy costs that have forced cuts in industrial output. The latest example is the world’s largest steelmaker, ArcelorMittal, which released […]
