For the first time ever, Switzerland is imposing nationwide restrictions on energy use amid the crisis in Ukraine. Violators, we are told, face fines and even prison time, depending on the type of offense. In late August, Swiss authorities announced that due to Western sanctions against Russia that prompted the latter to shut off the Nord Stream 1 pipeline, … Continue reading Switzerland threatens residents who heat their homes this winter with jail time
TOO BIG TO FAIL? European governments start bailing out energy companies to prevent total collapse
Financial contagion is sweeping through the European energy markets, which are massively overleveraged and ripe for a collapse. Governments in Germany, Austria, Sweden and elsewhere are trying to stuff chewing gum into the gaping holes of the sinking Titanic by bailing out energy companies, which can no longer cover their payments now that Russian oil and gas … Continue reading TOO BIG TO FAIL? European governments start bailing out energy companies to prevent total collapse
WEATHER WARS: China faces a serious water catastrophe that will cause GLOBAL shortages of food, industrial materials and consumer goods
Multi-year drought conditions in much of China have reportedly forced the country to the brink of collapse. Should the expected water catastrophe unfold, China’s grain and electricity production will fail. This would also result in global shortages of food, industrial materials, consumer goods and more – and on a much greater scale than the current post-plandemic supply … Continue reading WEATHER WARS: China faces a serious water catastrophe that will cause GLOBAL shortages of food, industrial materials and consumer goods
Germany says citizens who don’t enjoy freezing this winter are extremists
The German government is gearing up for widespread civil unrest this winter once the lights go out. According to reports, one of the top search queries on Google in Germany right now is for “firewood” as residents panic at the thought of there being no more Russian gas coming through the pipeline to heat their homes and businesses in … Continue reading Germany says citizens who don’t enjoy freezing this winter are extremists
Germany’s economic minister warns of catastrophic economic collapse stemming from energy shortage
The European Union is positioning itself to be completely cut off from all Russian energy. And if that happens, Germany and other heavily import-reliant countries in Europe will suffer a Lehman Brothers-type collapse of its energy market. Economic Minister and Vice-Chancellor Robert Habeck issued a stark warning about how Europe’s largest economy faces total economic destruction should … Continue reading Germany’s economic minister warns of catastrophic economic collapse stemming from energy shortage
Food, fuel and consumer goods in America are more expensive than ever – and the markets are crashing
The official inflation numbers, which are skewed to make the situation appear better than it actually is, have reached the highest levels in 40 years. At 8.6 percent officially – the real figure using old calculation methods is easily in the double digits – inflation is killing what remains of America’s middle class. And the sad … Continue reading Food, fuel and consumer goods in America are more expensive than ever – and the markets are crashing
Biden says Americans have to get ready for more blackouts as energy infrastructure nears breaking point
For a couple of years, rolling blackouts have been regular occurrences in the state of California, the Midwest and the Deep South. Now, the Joe Biden administration is saying that people have to get ready for even more blackouts this summer as the energy infrastructure nears breaking point. In the June 3 episode of “Zoon Politicon,” commentator … Continue reading Biden says Americans have to get ready for more blackouts as energy infrastructure nears breaking point
10 shortages that are getting worse
The global supply chain is in complete tatters. Tens of thousands of items and services are in short supply or can’t be found at all. This is leading to higher prices, a/k/a cost-push inflation, and a general decrease in the purchasing power of all fiat currencies, be it the US Dollar, the Japanese Yen or … Continue reading 10 shortages that are getting worse
Germany’s largest ammonia producer slashes output amid escalating energy crisis; food crop shortages anticipated throughout 2022
Natural gas is suddenly not as plentiful as it once was in Europe, which is sending shockwaves throughout the supply chain. The latest casualty is ammonia, with Germany’s largest producer, SKW Piesteritz, having to slash output due to skyrocketing natural gas prices and tight supplies. According to reports, two of the United Kingdom’s largest fertilizer factories had … Continue reading Germany’s largest ammonia producer slashes output amid escalating energy crisis; food crop shortages anticipated throughout 2022
The Chinese energy crisis is spilling over into Europe: Is the U.S. next?
Brits are reportedly panic buying gasoline due to an ongoing energy crisis that is spilling out of China into Europe – and from there into the United States, potentially. As natural gas prices in Europe and Asia soar, protests are breaking out all over the place. The story is that India and China are both seeing shortages of coal, … Continue reading The Chinese energy crisis is spilling over into Europe: Is the U.S. next?
