The energy crunch is going to impact you and your family

The policy responses to Covid have been awful, but those failures are utterly dwarfed by the energy and supply chain policy inactions that are bringing us into a very dark winter.

While COVID-19 has occupied a lot of our intellectual and emotional energy over the past year and a half, energy and material shortfalls are far more likely likely to seriously impact your life. I alerted this channel to the energy issues last June, and sent out an ALERT over a week ago to my Insider members. I stand by the urgency of those messages even more now.

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An energy crisis is roiling across the UK and Europe on the cusp of winter, and the rest of the world is on the horizon. It's already being felt in the UK, Europe, China, Russia, and the U.S.

In the UK, the media is chalking up the energy crisis to consumer panic buying and truck driver shortages, but this blames everyday citizens for what is actually a much deeper structural problem and bungling executed by government policies. A more accurate explanation acknowledges the origins of the current energy crisis in a predictable outcome of the failure to invest in the production of oil and supply stability during the COVID-19 mismanagement and shutdowns.

While the governing elite will have you believe the crisis is as “transitory” as the inflation they themselves create through central bankers’ monetary policies, it would be foolish to take them at their word. A major economic shock is guaranteed at this point in the story – one that will disproportionately impact the middle and lower classes.

Watch this video to have your eyes opened to the reality that “energy is everything” and come over to www.PeakProsperity.com to learn more about how we might create energy resilient societies that safeguard human flourishing for everyone, not just the ultra-wealthy.

Links:

https://www.ft.com/content/7e79e4a8-7a1e-4b2c-8f81-cbf4e9969e28

https://www.theguardian.com/business/2021/sep/21/iea-calls-on-russia-to-send-more-gas-to-europe-before-winter

https://www.reuters.com/world/china/china-energy-crunch-triggers-alarm-pleas-more-coal-2021-09-28/

https://www.bloomberg.com/news/articles/2021-09-03/russia-has-a-gas-problem-nearly-the-size-of-exports-to-europe?sref=ZAnvU9CI

https://twitter.com/JavierBlas/status/1442872704219037698

https://www.aljazeera.com/news/2021/9/28/chinas-northeast-suffers-power-crunch

https://www.bloomberg.com/news/articles/2021-09-27/europe-s-energy-crisis-is-about-to-go-global-as-gas-prices-soar?sref=ZAnvU9CI

https://t.co/J2znSAMujE?amp=1

https://www.peakprosperity.com/alert-shortage/

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Episode 029

00:00 - Intro
01:00 - Dark Winter – A Global Energy Crisis Spreads
02:43 - Reason: Driver Shortage?
04:23 - Update | Energy
05:13 - Oil Shock III
07:02 - Not A Refining Issue
09:50 - Energy Costs in Europe Spiking
10:42 - IAE Calls o Russia
12:47 - China’s Energy Shortage
14:47 - Silicon Metal Shortage Follows China Energy Crunch
15:35 - Uh Oh. More Supply Chain Issues
17:11 - The US Is Affected Too
29:22 - Conclusions