This article was written by Brandon Smith and originally published at Birch Gold Group
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 war in Ukraine. This means that around 40% of Europe’s energy resources are now gone, with supply chain issues surrounding the other 60% and prices skyrocketing for households and businesses.
Back in March in an article titled ‘The Biggest Lies (So Far) Surrounding Russia And Ukraine’ I noted that:
“…There’s something else the media does not talk about much, which is Europe’s reliance on Russian oil and natural gas. If you want to see actual price inflation caused by Russia, let the EU ban Russian oil imports, or watch as Putin cuts off the supply. Europe is dependent on Russian oil and gas for about 40% of overall energy production. They cannot even survive a single year without it. If Russia retaliated and blocked energy exports to Europe, the the EU would have to siphon oil from many other countries, reducing global supply dramatically. This would cause gas prices to explode to double or even triple current levels.”
Back in April of this year in my article ‘The Media Is Ignoring These Two Events Which Could Cause Economic Collapse’ I predicted that:
“…The Russian economy is not about to fold anytime soon, and now the EU, which is reliant on Russian oil and gas exports for 40% of their energy needs, is about to face economic doom unless they submit to paying for energy in rubles (which they won’t) or find a replacement source for gas and oil (which is impossible). Furthermore, with Europe on the global market looking for alternative oil sources, a big chunk of the oil market will be rerouted.
What does this mean? Less oil and gas to fulfill the demand in other countries. In other words, prices are about to skyrocket higher yet again.”
The media disinformation surrounding the economic situation with Russia disarmed millions of people and fooled them into believing that it was Russia facing fiscal disaster rather than Europe or potentially the US. Now, it would seem my predictions of a full spectrum crisis are coming true. The question is, what happens next?
For now, all talk in the mainstream media will revolve around two things – What will be done to prevent disaster, and how evil Russia is for cutting off the European population from warmth in wintertime. I’m not going to get into the weeds on the morality of Russia’s actions vs European sanctions (After all, the EU sought to economically destroy Russia. And, as I have written in the past, BOTH sides are being played by globalists to create a worldwide crash). But I do want to cover the inevitable EU response.
European governments are now racing to implement the only policies they understand: Stimulus policies.
The UK and the EU are announcing plans to artificially subsidize energy providers and pay a percentage of electric bills for households and businesses. Of course, one has to ask, if it’s that easy for governments to simply print money and feed it to energy providers, then why don’t they just pay for everyone’s electric bills all the time?
Because price controls never work, that’s why.
What the EU is planning is essentially a form of price controls using inflated fiat as a means to placate energy producers for as long as they can. Most oil and gas on the global market is purchased using the US dollar, not the Euro, so it is unclear if Europe will be printing euros to buy dollars or attempting to buy oil, gas, and coal directly. In any case, this will greatly reduce the Euro’s value on the energy market and prices will continue to rise for the EU anyway.
The EU and UK are seeking to cap prices and pay the remainder, but if prices keep climbing, how much are they willing to subsidize and how much are they willing to devalue the Euro (or the Pound) in the process? Are they willing to go into complete currency implosion and hyperinflation to pay for energy?
All of the debate over government stimulus and the effects will be meaningless, though, if the issue of supply is not taken into account. The EU can print as much money as they want, but this doesn’t help them if they can’t acquire enough energy resources to provide the heating and power the public needs. There is ZERO chance that they will be able to fill the void left behind by Russian gas and oil, so a certain percentage of the European population is going to suffer regardless.
Here are the developments Europe will see in the near term:
Further Price Inflation In Energy
Business Shutdowns Due To Operating Costs
Energy Fascism – Informants And Government Monitoring Of Usage
Further Price Inflation In General Goods Including Food
More Government Price Controls
Governments Pushing The Idea Of Universal Basic Income
Rationing Of All Necessities
Severe Economic Decline And Job Losses
Large Numbers Of People Freezing In The Winter
I could continue on with this list but I think you get the idea. It’s not going to be pretty. For those of us in the US this seems like a scenario out of sight and out of mind, but this will not be the case. Europe is going to be scouring markets for energy supplies, anywhere they can find them. Keep in mind, the US is ALREADY sending 75% of its liquid natural gas exports to Europe. There is very little resource backstop for the EU to dip into.
This means less oil, less gas, less coal, less of everything for purchase in America. Sure, we could be producing most of these resources in-house and cut exports to the EU, but the Biden Administration will never allow that to happen.
At the very least, prices are going to rise everywhere on the majority of goods. I continue to predict that US gas prices at the pump will climb to around $7 a gallon on average. Propane and other heating commodities will rocket beyond previous highs.
Supply chains will be weakened. European manufacturing will take a massive hit and many of these businesses will not be able to operate at normal capacity. Most of them will have to reduce production and institute layoffs. This means that European goods will be exported less frequently and prices on the remaining goods will spike in the US.
European agriculture will also be hit hard. Food production will fall as energy supplies and fertilizer supplies falter. This means they will be buying up more grains and foods from other nations, causing prices to jump for everyone else including the US.
Civil unrest in Europe is assured. Similar conditions are already brewing in the states, but it’s hard to say if Europe’s problems will trigger public anger here. More price inflation might be the straw that breaks the camel’s back, but this is unlikely until mass layoffs start later this year and into 2023. It takes time for the public to realize things are not going to return to normal.
Overall, the US economy will continue its path towards destabilization, though it seems that Europe will see the worst of the global crisis over the next several months. Unfortunately, the interdependency created by globalism has left every country in the world overly reliant on the others. If any one link in the chain breaks, the entire system breaks. This is why decentralization is so important – It creates redundancies and protects each individual nation from a potentially disastrous domino effect.
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It’s almost like all of this is some sort of a planned event, decades in the making. 🤔🤔🤔
Got firewood? I hope so.
We will be sending all our energy to them. Better we die, says white house baboons
How long can the MSM hide the calamity we are about to enter?
What’s disturbing about it is I still see people calling this info “doom mongering.” They are so dumb they don’t see the stagflationary crisis happening right in front of them.
Thsi is disasterous: https://www.brighteon.com/15c11091-2f58-4789-add5-8929c032c412 Will cause mass unemployment, also forcing everyone in EV’s by 2030.
They are NOT trying to force anybody into an EV. They are trying to force everybody into having NO CAR AT ALL.
Think about that for a minute. How long could you get by without a car if you live outside of the city? And what better way to guarantee the people of Texas will not come to the aid of the people in Tennessee than to make it a two week march?
Don’t look at what the globalist say their goals are. Look at what will happen and how they will benefit when their stated plans arrive at the worst possible outcome for the people and the best outcome for them. Gee, we failed to make EVs work, but at least we got all those efficient gas powered cars off the road.
And ask yourself, every day, what you can do to make yourself less dependent on megalomaniacal people like Schwab and Gates, and THEIR SYSTEMS. They are not really doing anything to you personally, they are just punishing those who use THEIR SYSTEM.
If you can become 100 percent self sufficient, there is literally NOTHING they can do to you.
Oh yes there is, ask the Amish!👵🤬
Excellent points. Urbanizing everyone is the real goal behind the ICE and the EV ‘conversion’. Everything thing they do is disguised behind some lofty sounding lie. But, thinking Digital IDs, their ‘new order’, or any of their other goals can be stopped, is delusional at this point. Just look at the whole Covid19 scheme, the Ukraine war, and now the final nail in the dividing of America – they pulled off the first two with still only a few being wise to them, and they will do it again. Once DIDs are in place, they will be unstoppable by anyone’s measure, and those are coming whether we like them or not.
I was JUST saying this exact thing to my brother earlier this week… 🤔 .. There is a reason that you never hear them address what the energy concerns will be when everyone has an EV and can’t charge the thing due to energy constraints. They don’t care that far out because…surprise…the joke’s on us once we’ve given up gas powered vehicles and then.. oh by the way these ev’s aren’t actually going to be a viable thing after all.
The goal is never to ‘help’ us or the ‘climate’ for that matter.. The climate is just their chosen vehicle that they will use until absolute power is achieved over us. They know there is no real climate emergency. But they will beat that drum because gullible people will buy it and live in fear and succumb. They have to hold out the illusion that they are taking us to something better… When in all actuality they want us to end up with nothing. No cars no homes no nothing of our own. Only what they give us and allow us to have… Including our children our food our livelihoods and I’m sure ultimately the very air we breathe. That’s who we are dealing with.
One person’s doom-mongering is another’s early warning.
Keep up the good fight, brother.
I wish it was doom-mongering, Brandon. As I look around me and see people living as normal, fussing over their cars, yakking about the latest TV garbage, I hope that they are right and that we are “doom mongering”. Unfortunately, I think they are deluded.
The “it caint happen here” factor is amazing. I think it’s because Americans have lived in an age of prosperity (locally) that really has not even been seen before. We assume it could not possibly ever come to an end, despite all the signs and symptoms that the USA is being hollowed out from the inside. Ah well, some will manage and a lot more wont…..
It was predicted in 1972 by “The Limits to Growth” study’s standard run run which predicted that on our then trajectory we would be hitting hard Limits on resources, sustainability, population growth, and pollution’s growing effects. There’s only one way out of human overshoot and it will be beyond hideous.
That wasn’t a “prediction”, it was an outline of the globalist PLAN. There is no “population overshoot”, that’s a lie the globalists are spreading to justify their bloodlust and power mongering tactics.
The Population Bomb gets trotted out every few decades…it serves several purposes. One is what I’ll call ‘species self loathing’ which makes it easier to inflict manufactured scarcity and other such bits of austerity. The Western world is not even at replacement rates, and after the covid shots, birth rates have plummeted. It soon becomes clear that WE are the carbon off-sets they wish to eliminate…
Regular gas in Elgin Texas this morning was 2.94 a gallon. But the food prices in the grocery store were astronomical!
Fill up your cars before the election in November. The forces that are holding gasoline prices down artificially will be released after that.
The US may see quite a bit more people coming in to escape the result of the EU disaster that will be upon us. I’m pretty sure Biden just recently changed the immigration laws (what perfect timing?). That will add to the system overload in the US by creating even more demand for goods that are simultaneously being sold to the EU and UK?
But consider all the apartment type housing that is going up in the US. I call it communist housing. Someone has to occupy those cubicles. The developers of those housing projects will not stand for empty units. Instead I predict there will be a waiting list to get in. They will be filled with the majority of workers making under $20.00 /hr. who legitimately qualify for the loans based on lower than market pricing and the relatively low wage.
It has been very clear for a very long time that the policy of world governments has not been about protecting citizens but rather bringing on world communism (but under a different name).
As an owner of a small propane company all I can say is get ready. I don’t think propane will be hit as hard as NG. Due to extremely dry weather, which means less demand for crop drying, it looks like we will be going into the heating season at or slightly below the 5 year average for propane. If we have a cold winter then the pipelines will go on allocation raising prices no less than 50%. NG on the other hand will be hit the hardest as we will undoubtedly have a record breaking export year.
Food for thought, my wholesale cost for propane is up 0.60 per gallon since we had our regime change. In other words, it has essentially increased 75% overall.
This is not directly related to energy but we had to increase our pricing by almost double as we got hit with 75% increase in operating costs this April. Small septic service in Colorado.
Here in France, my electricity bill has been multiplied by 3… Gas is following the same path. Firewood too… And they predict a very harsh winter (how do they know?) But in Germany it will be even worse. We arrive at the end of the movie at high speed…
“Rolling Blackouts… Further Price Inflation In Energy… Business Shutdowns… Energy Fascism…
Government Monitoring Of Usage… Further Price Inflation… More Government Price Controls… Governments Pushing The Idea Of Universal Basic Income… Rationing Of All Necessities.. Severe Economic Decline And Job Losses… Large Numbers Of People Freezing… Civil Unrest…”
This reads like a ‘To Do List’ or Grocery List for the Globalist Predator Class that is currently conducting a Human-Being-Erasure-Campaign as well as a ‘World Liquidation Sale!’ of further impoverishing the People of the World while at the same time further enriching those already filthy rich Predators who are pulling the World strings.
And it looks like They have already put many of these items into their Globalist Shopping Cart while quietly biding Their time for the rest of their To Do/Grocery List to be delivered in the coming days by one of those grocery-delivery services and in the form of misguided Leftists who are participating in their own destruction.
“I continue to predict that US gas prices at the pump will climb to around $7 a gallon on average.”
Our access to fossil fuels is being restricted and then one day fully eliminated. And charging-up electric vehicles is still sketchy and unreliable and fully dependent on the same Worldwide energy grid that is under stress and extremely vulnerable. In other words… load up on some good walking shoes today because that is about the only way you are going to get anywhere. And if you have relatives in another city about three-hundred miles away… better build up your stamina and carry lots of energy bars. And hope they don’t mind if you rest a while there.
“It takes time for the public to realize things are not going to return to normal.”
‘Normal’ has been smashed to bits. ‘The Great Reset’ has already revealed itself to be ‘The Great Regret. ‘You will own nothing, and like it!’ has exposed itself as ‘We will own everything and we don’t give what the dog leaves behind if you don’t like it!…’.
We all depend on each other in order to live Life in ways that are rewarding. And in dangerous times like these, we will all need to depend on each other even more and in ways that we never have before.
Our very humanity is being tested. I hope we pass the test. Failure is not an option.
@There are some very good posts here but I particularly appreciated yours.
I’m in France and the picture here is probably quite different to that of the US. For starters, gas price is around $9/gallon, and only because government is subsidizing it by $1.50/gallon. That, of course, is unsustainable.
We are living out the “Truman Show” where some semblance of normality still exists in that people still go to work each day, return in the evening, watch TV, eat dinner, go to bed, and then repeat. This causes them to believe everything is temporary and will return to normal when the war in Ukraine is over.
Meanwhile, RoboCop capacity is being multiplied and their “shoot to kill” toys are being added to. We are being setup for a civil war. I don’t know when it will kick off but the sand in my egg timer is fast running out.
I just bought my wood permit from the Forest Service today. No inflation there. It’s been $10/cord for decades. (That they “own” the forest in the first place is another story) Thanks to 20 years of beetle cycle there are countless millions of dead trees standing.
There is no doubt that we are facing an unprecedented time in world history,(all rewrites and deliberate omissions aside). The world is facing a monster of unknown proportions! The likes of which we have never experienced, and honestly, most people will not survive it! I’m not a dooms theorist, but I do know my Bible! It’s all laid out there in absolute truth and honesty for the purpose of those who “believe”, to survive. I suggest you find a Bible, or maybe just blow the dust off it, and read it! It’s a life saver, and a soul saver! The body dies it’s not an eternal object, never was! But the soul is a different story! It IS ETERNAL! And it’s assigned only one of two places, either heaven and eternal life, or hell and eternal damnation! This truth offends many people nowadays, unfortunately, because it is also their only hope of survival! LOOSE THE OFFENSE, AND LIVE! God’s blessings to all who heed this message.👵😇
Very well said sister. Blessings to you
In Germany, about energy crisis hitting Europe and the world, Deustche Bank CEO also thinks he is an oracle. When these “new” oracles speak out publicly (after denying the obvious for a long time), it is not good for the general public.
This means that there is not much time left to prepare for the Catastrophe (and beyond, the underway Great Reset).
We are living in historical times.
You correctly lay out the energy choices facing the EU – Doom, Alternative Supply Diversion or Pay Rubles. Nobody is gonna willingly roll over and die in the doom scenario. Alternative supply diversion is indeed impossible. So, oh yes, they WILL indeed Pay Rubles. The only question is how long do they balk before they capitulate. Discussing other details is an ultimately irrelevant distraction.
Never forget Murphy’s Golden Rule: The people with the gold (and oil and natgas) make the rules. People with paper fiat currency have fireplace kindling, not fuel.
I don’t think paying rubles is an option anymore. Russia wants sanctions lifted, not Rubles at this point.
And we’re also assuming that Putin will even agree to restoring NG and oil supplies to us as they were before the war. If he has viable alternative markets, he can tell us to go to hell.
Yes, with China and India buying up whatever is not nailed down, Russia has no need to placate NATO countries. Of course, Putin is VERY close with globalists like Kissinger, so I think he is doing whatever they suggest. Clearly, the globalists want an energy crisis.
The current “bad guy of the world” Russia shut off the hydrocarbon fuel supply at the direction of those who have something else to offer. I agree that the obvious suffering that will result is the only way to change the course of a society while ensuring a relative few who have much money invested in alternative projects will benefit. Perhaps we are witnessing the beginning of a drastically changing EU.
Meanwhile, the (practically) US satellite country, Ukraine, has already effectively been destroyed decades ago and this final “war” is nothing more than a redevelopment project and Russia is the demolition contractor.
There have been plans on the books for parts of Ukraine going back many years on how to redevelop it but the process gets hung up in a battle of historic preservation vs. modernization. I suppose one can start the easy way and submit a plan for approval. Or, a war can break out that seems to target dilapidated buildings in certain areas. Look up Forster Partners and their plans for rebuilding Kharkiv that likely began a very long time ago (and perhaps not 2 months after the war broke out?). From nearly the beginning it was clear – from a public information perspective – that the focus of rebuilding Ukraine was more important than stopping the Russian attack.
I will add a modern twist to the old adage that states “It’s easier to ask for forgiveness than to ask for permission.”
“It is easier to justify the cost of a world scale architectural project after a major crisis than to submit a proposal for a project and ask for funding.”
If you are pointing at the Amish for an example of self sufficiency I can only laugh at that . They are totally dependent on the “English” for transportation , employment , and most other modern conveniences that they are not allowed to own but can borrow [car,cell phone,truck,trailers,etc] . I work on diesel engines for them . Do a bit of trading , bartering for various goods and services . Without plentiful and cheap diesel , gasoline , and kerosene they will be in a pickle just like us . A good half of them work at building , baking , cooking , etc for the Englishman . I have not seen a people more in love with money , filthy lucre , and mammon than the majority of the Amish . I often wonder how many of them will make it to Heaven . They mostly believe that being born Amish is what saves them . That is a dangerous theology .
Makes sense. This culture corrupts all and anybody who doesn’t generally have a serious and stern face and mood these days is corrupted. Unfortunately, a lot of Christians believe things must always be pleasant and you must always have nice things to say, even if you live in the realm of Satan. It is way past time for fire and brimstone to be coming from the Amish directed at the US, but it is no surprise that the Amish are just like the Yemeni corner store owners near me, praying to mecca five times a day, but selling liquor and covid-jabbed.
I see that this years Cyber Polygon exercise has been postponed. There is a lot of talk about something BIG happening on the 24th, the last day before the Shemitah on the 25th Sep 22.
I wonder if the new date for Cyber Polygon is the 24th Sep, the scenario would fit in well with the “Great Reset”.
@Linda, I also read a few weeks ago that something big could happen on September 24 (especially in Germany regarding a possible and very, very important blackout to come…). It’s a weekend (“shabbat day”).
Another thing, on last january, a guy, (French, I think) analyzed the cover of The Economist magazine for 2022 (annual special edition published at the end of each year, usually in December). The title? “The world “ahead” 2022″; not like the previous years: “The world in…2019,2020,etc”…
He thinks he has found a date for a huge event (a global false flag?) around the beginning of 2023 (01/15/23…?!).
Some globalist psychopaths have an attraction, and for a smaller number, a fascination for the occult and esoteric.
Those in power are not only interested in money: they have almost unlimited resources.
By the end, financial elites and globalists want obtain a full control on human bodies and minds. And they have chosen as main method: “Order out of chaos”.
“Wait and See” and stay ready for any catastrophe provoked or triggered by the global elites.
My daughter just brought to my attention the following: The Simpsons, Season 24, Episode 9: Homer Goes to Prep School, Review. The apocalypse is nigh in Springfield and Homer is prepping, with the rest of his dooms-dayers . . .
In the episode an EMP takes out the grid and at the end of the episode an asteroid is heading for Earth…..Predictive Programming….Sep 24 2022, could be a BIG day….