#india now hit with #power #blackouts as the #energy #crisis continues to spread, with a massive #coal #shortage https://www.zerohedge.com/energy/india-f.. This is not going to get better any time soon. Some #industries cannot even take a one day break from #electricity without having some multi-month #delay in #production capability (think #chip #shortage ).
@barray on Fri Oct 08 02:37:11 UTC 2021 said: &eOh and the #food #shortages are not yet being #reported on, but they are at a 10 year high with no end in sight: https://www.zerohedge.com/commodities/gl.. This is partially a result of the #energy #crisis meaning that #greenhouses are being switched off, a lack of #carbondioxide to keep food fresh, a #meat #industry on the brink - it's just a #perfectstorm of problems.Apparently lifting the #debt #ceiling in the #us has only bought time until a #us #economy #crash ... https://www.zerohedge.com/markets/debt-c.. Perhaps they believe that if they can just get to #christmas - increased spending around the time will smooth things out. Problem is, we have massive #shipping #delays , #chip #shortages , #food shortages, etc. Christmas will likely be a flop.
#food #shortage incoming: https://www.zerohedge.com/commodities/du.. Turns out now the #netherlands is hit by the #energy #crisis and is turning off #greenhouses in order to cover the gap. This will be big!
Another reminder that #china 's #ccp is in a lot of trouble when it comes to this #energy #crisis they are experiencing: https://www.zerohedge.com/commodities/ch.. It now looks like the #communists are ready to throw the #capitalist #companies under the bus - expect the #stock #market for #power #production to #crash too. Who wants to become a #electricity #provider when the #state forces you to run at a loss?
It's unclear whether there is fundamentally a way out of this #reproducibility and #reproduction #crisis that #academia has: https://www.nature.com/articles/d41586-0..
I wondered about this too, it looks as if #china 's #energy #crisis is going to cost a #global #food #shortage as they compete for sources of #protein https://www.zerohedge.com/commodities/ch.. Add to that global #shipping issues, rising #oil prices and #failed #crops - this is a #perfectstorm !
#china really does have a *massive* #energy #crisis on their hands, it makes the #uk 's look like nothing: https://www.zerohedge.com/commodities/ch.. This is the sort of stuff one would expect to see in a #thirdworld Country - not an #economy apparently about to overtake the #us as the largest!
Finally, the #republican in the #us are actually attacking #president #biden with #impeachment https://timcast.com/news/representative-.. Apparently it's on the basis on the #border #crisis - but nobody is expecting it to actually work. That said, it's about time they hold their #political #opponents #responsible ...
Closely watching the #shanghai #stockexchange - it's really not clear if #china will pull through this or not. They had a small #rebound today, but their #debt #crisis is not getting any better any time soon. There are still *massive* #debt problems that need to be addressed, almost the entire thing is rotten and I suspect they will use the healthy #companies good money to #bailout the shit companies, making a total #economic #collapse even worse. 2023 will be a shit show at this rate...
Great point, the new #windows 11 #os is likely to create a large #ewaste #crisis in the middle of a #chipshortage https://hackaday.com/2021/06/29/the-grea.. #microsoft couldn't have picked a *worse* time to cause such a situation.