Mac Slavo – May 25, 2022
The ruling classes of the globe are continuing to warn that the power grids all across the globe will be stretched thin this coming summer. There will not be electricity worldwide to meet the soaring demand for more energy, which is threatening more than one billion people with rolling blackouts.
Power grids are already being stretched thin by fuel shortages, droughts and heatwaves, commodity disruptions, soaring prices due to the war in Ukraine, and the failed green energy transition where grid operators retired too many fossil fuel generation plants. Combine this all together, and a perfect storm of blackouts threatens much of the Northern Hemisphere, according to a report by ZeroHedge.
This power crisis, which is going to be affecting much of the world’s top economies, could be less than a month away when summer begins on June 21. Regions that concerned Bloomberg are Asia, Europe, and the US, where there’s not enough power to go around when cooling demand is set to surge as households crank up their air conditions to escape the sweltering heat.
The warnings of blackouts continue as people begin to get ready for their summer in the Northern Hemisphere. Henning Gloystein, an analyst at Eurasia Group, warns if major blackouts spread across the world this summer, “that could trigger some form of humanitarian crisis in terms of food and energy shortages on a scale not seen in decades.”
Since we have already been experiencing food shortages, it is hard to say what we could experience next.