2.And another day, another electricity record high:
● France: 1 - year forward power €576 per MWh
● Germany: 1 - year forward power €430 per MWh
For context, the 2010 - 2020 average is ~€45 per MWh.
The Europeans have the solution so the plebs can stop fretting.
3.The Brits, who — despite managing to leave the EU — are coming to realize that it did not matter because it is the corporatocracy that governs, not the state.
4.Britain plans for organized blackouts in January
“Britain is making plans for organized blackouts for industry and households over winter when cold weather may coincide with gas shortages, Bloomberg News reported on Tuesday.”
5.Organized chaos? Is that like military intelligence? Good grief!
It is therefore no surprise that we see the following:
GERMANY'S JULY PRODUCER PRICES RISE 5.3% M/M; EST. +0.7% *GERMANY JULY PRODUCER PRICES RISE 37.2% Y/Y; EST. +31.8%
6.That hockey stick chart is German producer prices. This brings up the topic of depression and deflation. This will be an inflationary depression. Forget about deflation @DoombergT @hkuppy @JasonEBurack
2.The UK government has admitted that once you have been double-vaccinated, you will never again be able to acquire full natural immunity to covid variants or possibly any other virus.
3.That sounds like an outrageous statement because, if true, then what is in store are real pandemics. Why? Because the immune systems of billions have been compromised and previously relatively harmless illnesses may well pose a much greater threat.
2.The UK government has admitted that once you have been double-vaccinated, you will never again be able to acquire full natural immunity to covid variants or possibly any other virus.
3.That sounds like an outrageous statement because, if true, then what is in store are real pandemics. Why? Because the immune systems of billions have been compromised and previously relatively harmless illnesses may well pose a much greater threat.