Peak Prosperity, Released on 9/28/21
The policy responses to Covid have been awful, but those failures are utterly dwarfed by the energy and supply chain policy inactions that are bringing us into a very dark winter.
While COVID-19 has occupied a lot of our intellectual and emotional energy over the past year and a half, energy and material shortfalls are far more likely likely to seriously impact your life. I alerted this channel to the energy issues last June, and sent out an ALERT over a week ago to my Insider members. I stand by the urgency of those messages even more now.
An energy crisis is roiling across the UK and Europe on the cusp of winter, and the rest of the world is on the horizon. It’s already being felt in the UK, Europe, China, Russia, and the U.S.
In the UK, the media is chalking up the energy crisis to consumer panic buying and truck driver shortages, but this blames everyday citizens for what is actually a much deeper structural problem and bungling executed by government policies. A more accurate explanation acknowledges the origins of the current energy crisis in a predictable outcome of the failure to invest in the production of oil and supply stability during the COVID-19 mismanagement and shutdowns.
While the governing elite will have you believe the crisis is as “transitory” as the inflation they themselves create through central bankers’ monetary policies, it would be foolish to take them at their word. A major economic shock is guaranteed at this point in the story – one that will disproportionately impact the middle and lower classes.
Watch this video to have your eyes opened to the reality that “energy is everything” and come over to www.PeakProsperity.com to learn more about how we might create energy resilient societies that safeguard human flourishing for everyone, not just the ultra-wealthy.
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Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.