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Blame Europe’s Energy and Economic Crisis – Do You Float With That?


From The Manhattan Contrarian

Francis Menton

In Europe, things are looking bad for the economy, largely driven by the rapid rise in household and business energy bills. In the United Kingdom, average household energy bills have recently increased by about three times where they were just a year ago; and Bloomberg report that “tens of thousands” of UK businesses are at risk of closing due to rising energy costs. In Germany, KAKE reported on October 7 that energy costs are “devastating German industry”, with natural gas prices in particular increasing by 400% between January and September 2022.

So how did they get into this mess? You might think, that’s understandable. Apparently, they pursue “Net Zero” carbon emissions programs, build wind turbines and weather-dependent solar panels that won’t produce most of the time, and shut down power plants. reliable coal, banning cracking and blocking fossil fuels, with the sole exception of natural gas imports. When the gas market spiked, they had no other way to protect themselves from the sun and wind, and their energy prices skyrocketed. For their strategy to get out of the mess, they need to diversify into reliable supplies, start mining, and get over the idea that intermittent wind and solar can power an economy. modern.

On the other hand, if you worked for the New York Times, you might look at the same set of facts and come to the exact opposite conclusion. The lead article in Today’s Times was written by someone named Sam Bright, and titled “They want to blow up the British economy, and Liz Truss let them.” Read this and you’ll learn that the UK’s current economic crisis has nothing to do with failed renewable energy plans or skyrocketing natural gas prices. Instead, it is all the result of a nefarious plot by the new Prime Minister Liz Truss – who took office a month ago – and a shadowy group of “liberal” think tanks, with a plan to “blowing” the UK economy.

Under Mrs. Truss, once nicknamed “Human Grenade“For its dominant ideology, liberty has enabled the British economy. The cost, for all but the richest, can be immeasurable.

That’s right, according to Mr. Bright and the Times, the policies of the past two decades aimed at preventing reliable energy production, subsidizing unreliable renewable energy sources that most of the time don’t work. and leaves the UK completely dependent on the volatile international natural gas market. , has little or nothing to do with current troubles. Instead, it’s all the fault of those who came to power a few weeks ago – when the crisis was underway – and who were said to have been able to ruin everything in just a few days, perhaps because of the their own brutal entertainment.

Much of Bright’s content is devoted to identifying the real baddies, who are a group of shadowy “liberal” ideologues all based in the Westminster area of ​​London on a short street, Tufton Street:

Set in the maze of streets beside the Palace of Westminster, the red-brick townhouses on Tufton Street are anonymous; no company logos trying to attract the curiosity of passersby. In fact, the streets themselves are often deserted. But this sleepy facade hides an active welder. For more than a decade, Tufton Street has been the main command center for libertarian lobbying groups, a free-market think tank quietly nestled in the center of power.

It seems this little street is filled with a “battalion” of “liberal” shock troops, who have now moved into Downing Street with well-thought-out plans to destroy Britain in a matter of days. days if not hours:

This battalion of free-market thinkers has now been welcomed into 10 Downing Street. The five closest advisers of the new prime minister are Tufton Street Alumniincluding Ms. Truss’ chief economic adviser and her political secretary, and at least nineTufton Street alumni are scattered across other major government agencies.

According to this report, just being “welcome” at Downing Street, they could “blow” the British economy almost immediately, before any new laws were passed.

The Times then provided a picture of the nerve center of this nefarious movement, a townhouse on the street in question:

Wait a minute! 55 Tufton Street is the headquarters of the Global Warming Policy Foundation, for which I serve as branch President of American Friends.

My question is, can anyone really believe this incredible cycle, try to free the people who have created this mess for over twenty years, and blame the people who have been in wilderness all that time?

There is not currently an election going on in the UK to allow us to gauge the extent to which the public may fall into that spiral. But while in Germany, there To be an election is taking place, in the state of Lower Saxony. No Tricks Zone reports today in a section titled “Germany’s Green Party in the Dire Strait, Isolate Its Unparalleled Leader.” It seems the German public has realized that Green people and their obsession with renewable energy to be fundamentally responsible for the energy crisis:

The German Greens, partners with SPD socialists in the German government, are deep in opinion polls as it becomes clear that Green Party leader and Economy Minister Robert Habeck are pushing push the country’s economy into the background at breakneck speed.

The NTZ says it got so bad that the Greens hid Habeck from the public during the election, keeping him out of campaign events:

Blackout News reports that the Greens are “hiding” Habeck from the public for damage control, and that he has made “only one campaign appearance” so far. . . . “In the polls, Robert Habeck has experienced a significant drop in popularity among German politicians in recent days. So it’s no surprise that the Greens are hiding their once most popular politician ahead of the elections in Lower Saxony,” reports Blackout News.

NTZ concludes:

Once the darlings of politics, the German Greens have seen their popularity plummet dramatically in recent weeks as the German economy has collapsed due to severe energy shortages and price inflation.

Read the full article here.

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