iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,471 Blog Posts

DOOM: EUROPEAN POWER PRICES SET TO CRIPPLE UNION BY AUTUMN

A few important points for you.

The UK increased the “cap” on electricity to consumers by 80% today.
French power cost rose by 25% today
German power expenses are upwards of 8% GDP today. It was less than 1% last year.

Czech President Blames “Green Madness” For Energy Crisis.

The west isn’t imploding by design, contrary to what many conspiracy theorists suggest. The west is rotting from the top down and led by unserious people who live in a bubble of their own doing — fat, slovenly societies committing suicide because they’re idiots. Academically these people passed their classes with flying colors — but their minds are infected with disease and cannot see the forest through the trees.

It’s hard to imagine the market not gapping down Monday. Position accordingly.

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5 comments

  1. purdy

    Fuck off with your negativity. Biden has LOWERED energy prices …heard it directly from his press secretary.

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  2. flea

    Most accurate summary of our descent I’ve heard yet.

    How far will it indeed go … ?

    When it comes to life and death will society yield in time to real men, or die proudly spiting?

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    • purdy

      I only hope that it is unserious idiots who installed Biden and who are pulling the strings, the other possibility is that they view the coming chaos as a ladder to achieve some end.

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  3. roguewave

    True, The west is rotting from the top down and led by unserious people who live in a bubble of their own doing — fat, slovenly societies committing suicide because they’re idiots.

    But even idiots cannot be wrong every single time about everything. For that you need to be led by design, from the likes of The Bill & Melinda Gates Foundation (formerly know as Population Reduction Foundation)

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  4. bob smith

    I can’t help but notice that the only recent posters are comprised of communist wannabees (i.e., purdy) and those who have failed to meet the politburo’s recently-reduced minimal IQ standards (i.e., roguewave).

    I miss the input of normal people on this blog.

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