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Soaring Power Prices Brings On Economic Jeopardy , as All Hell Break Loose

People will SEE HELL in this WOLRD without having to Go Below ..Like the Games of Thrones, WINTER is Coming

By EstalontechPublished 3 years ago 6 min read

Everything the United States and its allies have done since Russia launched his “special military ops ” in Ukraine has only made things worse. Despite Russian and Ukrainian efforts to resolve the conflict through the transfer of weapons, the conflict has continued. Western leaders and their Russian counterparts could not afford to look foolish ,at the expense of their citizens

The British ,the European and Back In the U.S ,it seems our fate are in the hands of Some Leaders who has Yet to understand ,they were Voted to serve the people who has voted them to office rather then to Serve other than both the Russia and Ukraine's president and whose agenda are Evil to bring harm to his own people and caused Hell to Break Loose all around the World .

The World has Done Supporting what's happening in Russia and Ukraine with already billions offered from Coffers all around the World , It's fair for all these leaders to refocus to World Economy and livelihood of their OWN people .

Stop the War ! , Who is Winning Does not matters , Before ALL Hell Break Loose , Its time to refocus to reduce the Window of this special military Operation and let them decide for their own between the 2 countries ,while the rest of the World gets on with their own business

Politics took precedence over rising energy costs for EU leaders. They were prepared to let people freeze to death rather than lose the Ukraine war, despite their desperate need for Russian energy, especially gas in the winter. It is possible that Europe's energy crisis has reached Armageddon proportions.

Power for one year in Germany has just risen above thousand Eur in the forward market. That is a whopping 12 percent increase over the prior year's asking price. Recent volatility has seen a turbulent day as prices in Germany and France increased by almost 25%. Increases in the cost of natural gas and electricity have prompted Deutsche Bank to issue a warning weeks ago that more Germans would turn to wood heat as an alternative.

While in UK ,we see some Green initiative individuals going around destroying gas station pump, Germans are forced in time to burn more wood yet . These People already forgotten that they can live better today to find solution together in order to Save the World for a better tomorrow .The People has to Survive First !!!

The German economy minister said that emergency panic might be avoided because gas storage goals had been met early. To compensate for the decrease of Russian gas, Germany hurried to fill 85% of its storage capacity by October. September is the new estimate from the government.

Since the conflict in Ukraine, Germany's reliance on Russian gas has dropped from 65% to 35%, although the country still relies heavily on the Nord Stream 1 pipeline. Russia's Gazprom has declared that from August 31st until September 2nd, the largest gas infrastructure in Europe would be offline.,this is already their 3rd Excuses to cut off supply and there will be more into Winter ..People will be dying from Cold and not from Bullets and Bomb !!

Inflation exceeded 11.5% in August in the UK as a result of rising energy costs, while economic growth was flat in the second quarter. Germany's central bank head Joachim Nagel has predicted that the country's inflation rate might reach 10% by the end of the fall. In an effort to conserve power, they have turned off some of the heating and lighting.

Its reliance on natural gas dropped to 9.5% this month. When it comes to gas, Germany must rely on Norway and the Netherlands. Berlin implemented a "gas fee" to pass the cost on to residents; annually, each family now pays hundreds more .Those Companies' with massive profits have drawn widespread condemnation.

Biden 's academics may be fascinated by the idea of Russia's economic loss due to sanctions, but Russia has proven in the past that it can weather economic hardship and so far the sanctions does not seems to be working ,somebody say the russians will going into rubble , The Old Man has proven he is Sick to the Core ,it boomberang and hit the US with 8% Inflation

For decades, Western nations have bragged about their access to sustainable energy. Russia cut off energy exports to the continent, forcing countries there to once again rely on coal as their primary power source. The European Union (EU) has been unsuccessful in its efforts to reduce its reliance on Russian natural gas.

Germany, in a last-ditch effort, turned on two coal-fired power facilities. As a result of climate change, the original goal to stop using coal to generate electricity by 2038 was scrapped. As a result, utilities will have to bring in 30 million tons of hard coal for use this winter , so the first few countries who supported Clean green energy are now smashing their foot and crying Hell .If Germany makes it through this winter, the problem still needs a permanent fix. It is putting out a fire that we started in the energy sector.

EU's energy crisis has also just started. As a result of Russia's invasion of Ukraine, European countries were rushed to impose sanctions without giving much thought to the potential economic fallout.

Politicians who are full of themselves never learn ,NATO would be foolish to go to war with its lack of source of energy, It is seen now that NATO is just Empty Husk , if in Winter it goes to WAR, the countries in NATO will be killing Europeans ..People will SEE HELL in this WOLRD without having to Go Below ..Like the Games of Thrones, WINTER is Coming

People in France are stocking up on firewood for their wood-burning stoves since energy prices have increased by 25%. Demand for and the cost of firewood have both increased recently. Power facilities can now flout environmental laws because of the energy crisis.

Britain lost more money due to the energy crisis caused by the Ukraine war than they did due to the Covid-19 flu epidemic. The U.K.'s inflation rate jumped to 11.1% in August due in large part to the rising cost of food. Britain still faces difficulties.

A major social test awaits Europe before the onset of winter in the form of protests and unrest as individuals strive to cut energy use but see their bills continue to rise. Frustrated workers in the transportation sector, the healthcare industry, and the airline industry in France, Spain, and Belgium have gone on strike to demand higher salaries in the face of rising inflation.

There will be a nationwide boycott of "Do not Pay UK energy bills beginning on October 1. In the middle of August, a union-backed movement named "Enough is Enough," demanding higher wages, rent controls, lower energy and food prices, and higher taxes on the wealthy. By October, NEA predicts that 8 million households in the United Kingdom would be experiencing fuel poverty.

Reducing bathing and cooking, going without air conditioning in summer, and eating once a day can only do so much to save energy. Ending the fight would cut energy prices. In a temporary move, the French Nuclear Safety Authority (ASN) has authorized five nuclear sites to release more hot water into rivers. The record-breaking summer heat is drying up rivers and streams required to cool power facilities. The heat puts a strain on Europe's energy supplies.

#Disclaimer Note : This publication is not intended for use as a source of any financial , money making , legal, politics ,medical or accounting advice. The information contained in this guide may be subject to laws in the United States and other jurisdictions. We suggest carefully reading the necessary terms of the services/products used before applying it to any activity which is, or may be, regulated. We do not assume any responsibility for what you choose to do with this information. This article is not meant for financial advice , Use with your own judgment.

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About the Creator

Estalontech

Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform

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