It is starting to get cold outside. Are you ready for a winter that will be unlike any other? As I have been documenting onThe Economic Collapse Blogfor months, the nightmarish global energy crisis that has erupted is not going to end any time soon. In fact, it has the potential to get a whole lot worse in 2023 and beyond. Energy prices have already risen to absolutely absurd levels, and now winter is coming. Unfortunately, many forecasters are warning that this winter is going to be a doozy. Colder than normal temperatures are expected across much of the northern hemisphere, and if that actually happens that would put a tremendous amount of strain on the system.
For example, just look at what New England is potentially facing. Accordingto the Wall Street Journal, residents of the six states which make up the region could actually experience…
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It’s funny. A year ago, I was sitting on a Board of Directors, and was given a 15 year budget proposal. I was astonished that the finance director used a 1.5% CPI! I told him I thought the inflation rate would be 7-10% in 2022, 10-13% with a recession in 2023. You are 100% correct my friend. It’s going to come and hit hard!