Thursday, July 3, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

This Is Going To Be A Winter Like No Other – Investment Watch

by IWB
October 19, 2022
in Investing
Reading Time: 4 mins read
A A
0
Home Investing
Share on FacebookShare on Twitter


by Michael

It is starting to get cold outside.  Are you ready for a winter that will be unlike any other?  As I have been documenting on The Economic Collapse Blog for 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.  According to the Wall Street Journal, residents of the six states which make up the region could actually experience “rolling blackouts” if this turns out to be a really cold winter…

New England, which relies on natural-gas imports to bridge winter supply gaps, is now competing with European countries for shipments of liquefied natural gas, following Russia’s halt of most pipeline gas to the continent. Severe cold spells in the Northeast could reduce the amount of gas available to generate electricity as more of it is burned to heat homes.

The region’s power-grid operator, ISO New England Inc., has warned that an extremely cold winter could strain the reliability of the grid and potentially result in the need for rolling blackouts to keep electricity supply and demand in balance. The warning comes as executives and analysts predict power producers could have to pay as much as several times more than last year for gas deliveries if severe weather creates urgent need for spot-market purchases.

New England will likely be directly competing with the European Union for dwindling supplies of natural gas this winter.

Unfortunately, there is probably not going to be enough to go around.

Europeans have been urged to conserve energy for months, but much of the population is not heeding those warnings.

As a result, many EU countries could also be facing blackouts in the months ahead…

The European Union could face blackouts this winter as the continent faces an ongoing energy crisis amid Russia’s war in Ukraine, but Brussels is preparing for worst-case scenarios, according to EU Crisis Management Commissioner Janez Lenarčič.

Asked in an interview published Tuesday by Germany’s RND media network whether EU countries would need disaster relief due to the energy crisis, Lenarčič responded: “Yes, that is quite possible.”

If the power is completely shut off where you live for several hours on one of the coldest days of the year, what will you do?

You might want to start thinking about that.

In Ukraine, much of the country is without power right now.

The Russians have started to systematically go after the nation’s power grid, and at this point approximately 30 percent of all Ukrainian power stations are not functioning…

Blackouts have struck more than 1,000 towns and villages in Ukraine after a series of Russian attacks.

The Kremlin has killed more than 70 people in the past fortnight after ordering rocket and drone strikes on Ukrainian cities.

President Volodymyr Zelensky said 30% of Ukraine’s power stations have been knocked out in the blitz. Sections of Kyiv have been left without water and power following further blasts today.

The Russians can completely destroy the Ukrainian power grid if they wish to do so.

Will they go that far?

Needless to say, the weather is already starting to get really cold in some parts of Ukraine, and we are being warned that a long-term lack of power could result in an unprecedented humanitarian crisis…

WHO Regional Director for Europe Hans Henri P. Kluge said at the media briefing that the organization is working to anticipate and prepare for the challenges of the approaching “brutal” winter in its humanitarian response to Russia’s war on the country.

Kluge remarked that risk of COVID-19, frostbite, hypothermia, pneumonia, stroke and heart attack will likely increase among Ukrainians who are living “precariously,” whether in substandard shelters, without access to heating or by regularly moving to different locations.

I got the chills just reading those two paragraphs.

It is starting to get cold here in the United States as well.  In fact, some cities near the Great Lakes just received more than a foot of snow…

The cold front has seen freeze alerts issued for more than 89 million Americans in states in its path, already offering rounds of snow, rain, and high speed winds in the Great Lakes.

More than 13 inches of snowfall recorded in cities near the lakes such as Ironwood and Marquette, as well as up to four inches in nearby Minnesota and Wisconsin.

And we are being warned that “the coldest air of the season” is now hitting the South…

The coldest air of the season so far has the South in its grip and near-freezing temperatures could set new record lows across a wide swath of the region into midweek.

AccuWeather meteorologists have been tracking a powerful disturbance since last week as it swept out of Canada and into the central and eastern United States. While this storm continues to bring the first snowflakes of the season to parts of the Midwest and Northeast, areas farther south will be in line for a dose of cold air that some may not be accustomed to handling so early in the season.

It already feels like winter for tens of millions of Americans.

But the official beginning of winter is still more than two months away.

That is not a good sign.

For years I have been urging my readers to become less dependent on the power grid, but up until now being dependent on the power grid hasn’t been a problem.

However, now things are changing in a major way.

Energy prices are absolutely skyrocketing, and officials all over the globe are warning of “blackouts” this winter.

I hope that you got prepared ahead of time, because this winter is going to exceedingly challenging for millions upon millions of people.



Source link

Tags: InvestmentWatchWinter
Previous Post

Bharat Jodo And The Yellow Cap Model Of Political Participation

Next Post

Cashmere Valley Bank Reports Record Quarterly Earnings of $8.9 Million

Related Posts

Fed Independence Tested, but Investors Shouldn’t Expect a Pivot

Fed Independence Tested, but Investors Shouldn’t Expect a Pivot

by Martin Fridson, CFA
July 1, 2025
0

Traders betting on a near-term plunge in rates of interest could also be mistaking political theater for financial coverage actuality....

10 Best Dividend Stocks For The Long Run

10 Best Dividend Stocks For The Long Run

by Robert Ciura
July 1, 2025
0

Revealed on June thirtieth, 2025 by Bob Ciura Traders searching for the very best shares for the long term ought...

Will Palantir Technologies Ever Pay A Dividend?

Will Palantir Technologies Ever Pay A Dividend?

by Robert Ciura
June 30, 2025
0

Printed on June thirtieth, 2025 by Bob Ciura Palantir Applied sciences (PLTR) is likely one of the market’s premier development...

Hospitals in Trouble: A Financial Playbook for Leaders and Investors

Hospitals in Trouble: A Financial Playbook for Leaders and Investors

by Umer Saleem Zuberi, CFA
June 30, 2025
0

Hospitals are beneath stress — from labor prices to ransomware, margin squeezes to misgovernance. This publish explores the rising wave...

From Models to Markets: A Conversation with Kenneth Blay

From Models to Markets: A Conversation with Kenneth Blay

by Frank J. Fabozzi, CFA
June 26, 2025
0

Kenneth Blay, Head of Analysis-World Thought Management at Invesco, brings a novel perspective to funding analysis, drawing from greater than...

2 Dividend Growth Stocks For The Long Term

2 Dividend Growth Stocks For The Long Term

by Robert Ciura
June 26, 2025
0

Visitor Publish by Tom Hutchinson, Chief Analyst, Cabot Dividend Investor The market has been all about tariffs this 12 months....

Next Post
Cashmere Valley Bank Reports Record Quarterly Earnings of .9 Million

Cashmere Valley Bank Reports Record Quarterly Earnings of $8.9 Million

NFT Utility At Last: Real Estate Sold On OpenSea Attracts Attention

NFT Utility At Last: Real Estate Sold On OpenSea Attracts Attention

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

July 3, 2025
Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 2, 2025
Carrera Smart Glasses drop to a new record-low price

Carrera Smart Glasses drop to a new record-low price

July 3, 2025
Congress Urged to Investigate Fed Chair Over .5B Scandal

Congress Urged to Investigate Fed Chair Over $2.5B Scandal

July 2, 2025
Tragedy in Oman: School bus crash kills driver and three students, leaves twelve injured | World News

Tragedy in Oman: School bus crash kills driver and three students, leaves twelve injured | World News

July 2, 2025
House Republicans Stuck Ahead Of Big Tax Bill Vote

House Republicans Stuck Ahead Of Big Tax Bill Vote

July 3, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In