Everyone is blaming energy, but the catastrophe was the quiet Q4 2019 and March 2020 bailouts by the Fed that created 6 trillion in new debt and devalued the dollar by 20%. No one seems to notice that the criminal act was the March 2020 bailout. The Fed was granted special powers to take the 454 billion that Mnuchin passed and leverage 10-to-1 like a commercial bank to bailout corporate America. Then the Fed bought corporate bonds until end of 2020 via the SMCCF, but actually started to unload all in July 2021-December 2021 (there’s your inflation right there). AND, the BOE, BOC and ECB quietly revalued to the dollar to prop it up. Plus it was done in an oil price crash low demand environment and the petrodollar system failed. International bond holders all started net selling, which accelerated in December 2021 and the whole system is completely artificial and screwed. The Fed now has a seemingly permanent reverse repo ops now up to 2-2.5 trillion(!) per day.
This can’t end well. The EU was used to save the dollar and system for the bankers, but the EU has to realize that they are literally inches from disaster by this point…European peasants are the salt of the earth. When the cities of the Luciferian empire are smoldering poles of ash, the European peasants will continue working their land as they have done for ages.

It’s actually both, but that’s not the root cause. The problem is there’s a shortage of common sense among the descendants of the Third Reich running the EU and there’s a definite lack of testicular fortitude from the people. Once they suffer enough, if the total disarmament of the people (which has happened already except for Switzerland) doesn’t stop it, most of Europe will be “Sri Lanka’ed” pretty soon.
The Elites controlling the Kabuki Theater fell prey to the con of climate change and anti-nuclear thinking which went against the science. Even though there’s plenty of energy, the Davos emerging Fourth Reich leaders abandoned working nuclear power and eschewed Russian oil and gas with no planning or preparations. They listened blindly to NATO and American leaders who were nervous that Ukraine’s bio-labs, money laundering, human trafficking and other immoral businesses would be exposed by Putin so they joined the bandwagon into energy starvation on a “Green New Deal on Steroids”. .
Europe will now pay the price for being a follower and showing little common sense in leadership.
It’ll take years to renew Nuclear so here comes coal and pollution and cold winters thanks to leadership failure through shortsightedness.
Let’s hope there’s no starvation
When President Trump beat Hillary the world could have let him solve the North Korea and Russia problem. Instead of Russia Russia Russia we could have Russia as an economic ally and trading partner just like the rest of the USSR and the entire west could be taking on China. But the elites said hell no! War. War forever!h