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Energy Shock

ENERGY SHOCK The world is in energy shock. European imported coal prices increased 421% before Russia invaded Ukraine. German electric power price increased 518%. European natural gas jumped 765% and Asian spot LNG, 957%.  Since then, it’s gotten even worse. U.K. natural gas futures price has increased +$99.86 (+574%) from $17.41 to $117.27 per mmBtu […]

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The Hilarious Reason Europe Won’t Freeze This Winter

The Hilarious Reason Europe Won’t Freeze This Winter https://youtu.be/ALQg5wmhIVE

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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 […]

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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 […]

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JOHN PILGER: Silencing the Lambs — How Propaganda Works

JOHN PILGER: Silencing the Lambs — How Propaganda Works Leni Riefenstahl said her epic films glorifying the Nazis depended on a “submissive void” in the German public. This is how propaganda is done. Leni Riefenstahl, center, filming with two assistants, 1936. (Bundesarchiv, CC-BY-SA 3.0, Wikimedia Commons) In the 1970s, I met one of Hitler’s leading propagandists, […]

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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 […]

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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 […]

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Germany’s energy suicide: an autopsy

Germany’s energy suicide: an autopsy When Green fanatic Robert Habeck, posing as Germany’s Economy Minister, said earlier this week “we should expect the worst” in terms of energy security, he conveniently forgot to spell out how the whole farce is a Made in Germany cum Made in Brussels crisis. Flickers of intelligence at least still […]

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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 […]

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Nobody could have seen it coming

Nobody could have seen it coming Eighteen months ago, the UK average annual combined gas and electricity bill was £1,287.  Later this week, we expect to learn that it will rise to £3,582 in October and to £4,266 in January 2023.  Not, in reality, that anybody is going to pay that amount.  All but those […]

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Russia Admits Weaponization Of Gas, Halts NS1 Shipments “Until Sanctions Lifted” As EU Prepares Response To Energy Crisis

Russia Admits Weaponization Of Gas, Halts NS1 Shipments “Until Sanctions Lifted” As EU Prepares Response To Energy Crisis Putin is done playing around. Two days after Russia indefinitely halted nat gas supplies via the Nord Stream 1 pipeline for the amusing reason that there was an “oil leak” (shown below)… … on Monday Russia finally admitted what […]

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Czech PM Blames Russian Propaganda For Mass Protests In Pragu

Czech PM Blames Russian Propaganda For Mass Protests In Prague Czech Prime Minister Petr Fiala is blaming pro-Russian forces for mass demonstrations this weekend that saw tens of thousands of people protest against the government, the European Union and NATO amid soaring energy prices and inflation. The “Czechia First” demonstration saw 70,000 people gather to […]

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‘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 […]

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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

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“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 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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