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Editor’s Commentary: Let’s set aside, for the moment, that President Donald Trump was 100% correct when he warned European nations not to rely on Russia for their energy needs. It is coming back to haunt them in the most vicious way at a time when people across the continent are desperate for energy to survive.
This is going to spill over dramatically to the rest of the world, including the United States. With energy depleted, production stops. Farming, manufacturing, and many other crucial activities will be so hampered by this development in the not-too-long-term that we must expect prices to continue to rise dramatically. This is extremely bad news for everyone, including us.
And before we all jump on the Biden-Harris regime’s “Blame Putin” bandwagon, we should remember that it was the United States and European leaders who set crushing sanctions against Russia for the sake of hitting back against their regional conflict in Ukraine. These sanctions have done absolutely nothing to dissuade Russia from continuing their invasion but have decimated our economies to the point that it could take a generation for us to recover if we’re able to recover at all. I’m not a Putin apologist. I’m just not a fan of cutting off our nose to spite our face. Here are the details reported by Naveen Athrappully from our premium news partners at The Epoch Times:
Russian state-owned energy corporation Gazprom has scrapped plans to restart gas flows through its Nord Stream 1 pipeline to Germany, offering no answers as to when operations would resume back to normal.
On Aug. 19, Gazprom announced that it would stop gas flows through the pipeline between Aug. 31 and Sept. 2 due to routine maintenance. On Aug. 31, the company said that the temporary shutdown will only last for three days. Normal operations were due to resume at 0100 GMT on Saturday. But on Friday, Gazprom said that it could not safely restart gas deliveries as an oil leak in a critical turbine was not yet fixed. It is unknown when gas supplies would be resumed.
Gazprom’s claims were countered by Siemens Energy, which usually services the turbines on Nord Stream 1. “Such leaks do not normally affect the operation of a turbine and can be sealed on site. It is a routine procedure within the scope of maintenance work,” the company said, according to Reuters.
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Siemens also said that the station where the leak was discovered has other turbines that should help Nord Stream 1 to continue operating. The company is currently not contracted to conduct maintenance work on the pipeline but is on standby if the need arises.
“Gazprom’s announcement this afternoon that it is once again shutting down NorthStream1 under fallacious pretenses is another confirmation of its unreliability as a supplier. It’s also proof of Russia’s cynicism, as it prefers to flare gas instead of honoring contracts,” European Commission spokesperson Eric Mamer said in a Sept. 2 post on Twitter.
Germany’s Over-Reliance on Russian Gas
During a speech at the United Nations General Assembly in Sept. 2018, former President Donald Trump had warned about Germany’s dependence on Russian energy.
“Reliance on a single foreign supplier can leave a nation vulnerable to extortion and intimidation,” Trump said. At the time, many German officials had dismissed the warning.
Heiko Mass, a member of the left-wing Social Democratic Party of Germany who was in the German delegation at the time, was reportedly laughing and shaking his head at Trump’s comments. Four years later, the former president’s warning has proven to be correct.
Roughly 27 percent of Germany’s overall energy mix is accounted for by natural gas. Prior to the Russian invasion of Ukraine, more than 55 percent of German gas consumption was sourced from Russia.
On Aug. 29, gas prices in Germany broke through the $1,000 per megawatt-hour level for the first time ever. Chancellor Olof Scholz has announced plans to cut down the value-added tax on natural gas from 19 percent to 7 percent.
According to an IMF estimate made in July, a complete shutdown of remaining Russian gas supplies would trigger a 3 percent decline in German GDP next year and increase inflation significantly.
Berlin has committed to cut down gas consumption by 15 percent between Aug. 2022 and March 2023 to deal with rising gas prices and supply shortages.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
And if they didn’t get gas from Russia, where would they get it from? The US isn’t producing enough to support Europe.
We were…
Exactly, we were until Beijing Biden occupied the White House.
Germans can collect the gas coming out their politicians to make up for the shortfall. If that is not enough, the US can export the gas from the 535 politicians in the District of Corruption.
Fjb
O’Biden, the demoncrats, and the RINO McConnell/McCarthy crowd all are trying to re-make us into Europe-lite.
If there were some real opposition , maybe there would be some blow-back or resistance against the UniParty’s treachery.
Oh, wait—–there is. THANK GOD for Donald J Trump and the MAGA crowd; or Ultra MAGA as it is turning out.
RESIST.
REBUKE.
REFRAIN.
REFUSE.
RESTORE.
REPEAT as necessary.
LONG LIVE VLADIMIR PUTIN!