America’s nightmare winter gets more nightmarish

[Bill Bonner’s Diary]( America’s Nightmare Winter Gets More Nightmarish By Bill Bonner Monday, December 6, 2021 “Well, my dear Pangloss,” Candide said to them, “when you were hanged, dissected, whipped, and tugging at the oar, did you continue to think that everything in this world happens for the best?” – Candide by Voltaire [Bill Bonner] YOUGHAL, IRELAND – You’ll recall that [on Thursday last week]( we began by wondering: What if, instead of being too negative in our outlook, we were too positive… too pollyannish and Panglossian? Shouldn’t we explore the possibility? And so, we’ve been looking at the dark side. Today, we continue our history of [America’s Frigid Nightmare](. But first, an interruption with the latest news. The “jobs report” on Friday was pathetic. Here’s CNBC: The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid threat, the Labor Department reported Friday. The real story is much worse. If you look at hours worked – the real measure of how much laboring is going on – you see that it has been increasing at the average annual rate of 0.3% for the last 14 years. That’s slower than population growth over the same period, which was roughly 0.8% per year, on average. In other words, the real economy has not been growing at all. Nor have real jobs. Where does this lead? That’s what we’re looking at in our “history” of the crisis ahead. Recommended Link [Apple’s CEO: This is “The next big thing”]( [image]( You have to see what’s inside this black box because Apple’s CEO Tim Cook said this tech will be “the next big thing.” Forget AI, blockchain, 5G, and self-driving cars. At $1.5 trillion, [this tech is set to be bigger than all of these technologies… COMBINED.]( [Click here now!]( -- Fragile System It began when the electrical grid collapsed. On paper, there was enough capacity to keep the juice flowing. But in practice, a centrally controlled mixture of highly manipulated solar, wind, and other “renewable” energy sources was more fragile than it looked. Without honest price signals to guide them (everything was either subsidized or penalized)… and with inflation moving fast to confuse them… investors put little new money into the energy sector. And what was invested – incentivized by the government – was put into projects that were politically attractive, but often not very productive. Then, push came to shove. A very cold winter. Cloudy skies. And no wind. The nation’s energy grid – or most of it – [simply collapsed](. [Featured: The Truth Behind the Global Chip Shortage]( Systems Down Homeowners had been pressured into switching to all-electric heat. It was “greener,” they were told. Electricity prices were controlled to help the “Great Transition.” Internal combustion engines were banned. Drilling for oil was curtailed. And then… when the power went off… what could people do? Some huddled around open fires. Others took refuge in schools and public buildings. But they, too, soon grew cold. Back-up generators ran night and day. But they ran out of fuel. And with no electricity, the pumps wouldn’t work. Nor could their new electric cars be charged. Practically all the nation’s output and delivery systems depended on software. Software ran on computers. Computers ran on electricity. And electricity now depended on the sun… and the wind… backed up by a woefully inadequate supply of energy from traditional sources. And until the grid lit up again, almost nothing moved. From coast to coast, hungry mobs looted darkened stores. But it was not sneakers or big screen TVs they carried off; it was food. The mobs included people on Social Security as well as young hoodlums. And with electronically controlled inventory systems “offline,” and trucks sitting idle, the shelves were quickly cleared… and not restocked. Recommended Link [Now Streaming: The American Crypto Summit: The Final Countdown]( [image]( Why the most explosive event in crypto history will begin as soon as January 1st, 2022… [Now Streaming: Click to Watch FREE.]( -- Cold and Miserable Out in the country, it was better at first. Cows were slaughtered in the field. Locals drew on their farm tanks for emergency heating fuel. Many people still had wood-burning stoves. And they had guns. They used them to drive off refugees from the suburbs. But even in the country, farms were no longer self-sufficient. Few had chickens in the yard or pigs in the sty. [Featured: (Why America Is Failing) — 1,000+ Pages of Evidence Collected]( Instead, they grew cash crops, such as wheat or soybeans. And like their cousins in the suburbs, they relied on just-in-time deliveries at their local food stores, rather than just-in-case food at home. And then, all over the country, pipes burst… toilets cracked open… pets went missing… basements flooded… and ceilings were ruined. People were hungry… cold… and miserable. Recommended Link [What’s Going On?]( [image]( Former President Trump… Tech moguls like Zuckerberg… Gates… Musk… High-profile politicians and executives… Barack Obama among them… Even pop celebrities like Kim Kardashian… They’re ALL securing the most bizarre… remote… “offshore” properties you can imagine. [Click here to learn the concerning reason they might be doing this–and what it means for you.]( -- Gut Punch After a couple of weeks, power was restored to most of the country… and people counted up their losses. Thousands had died – mostly elderly people – from “exposure”… stress… and from hunger. “Now we can get back to normal,” said President Buttigieg. But “normal” was no longer within reach. Something else had been broken. Something more important. A headline from The Daily Beast from Saturday, December 4, 2021 put it this way: America Is One Gut Punch Away From Throwing in the Towel on Democracy Now, the gut punch had been delivered. And the whole nation trembled… doubled up in fear, pain, and anger. The Nightmare Winter was about to get much worse. Stay tuned. Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=America’s nightmare winter gets more nightmarish). --------------------------------------------------------------- FEATURED READ [Increase Your Gains With Speculations on Gold]( investors can leverage their returns by using one little-known investment secret called a warrant. Warrants limit your downside while maximizing your upside… and gold is a sector primed for movement. MAILBAG The COVID-19 conversation continues among Dear Readers… I'm going to make this simple. When you wear a mask in public, whether inside or outside, you are sending a message. I am protecting you from me. I believe we are equals! Those going around without a mask also send a message. I am more important than you, I am better than you. When you get COVID and get extremely ill, you will die at home because the hospitals are full. When you walk around without a mask, you may be demonstrating your sense of freedom, but you are also demonstrating your lack of respect for everyone else. Finally, Thomas Jefferson, a founding father, slave holding, said, “Your Freedom stops where my nose begins!” Take on some responsibility people! – Jan F. I'm fairly sure that most of your readers would be happy for you to really say what you think, Bill, and once again, from my perspective anyway, you're pretty much on point. However, if I had one comment, and I didn't previously feel this way, it would be that I now, unfortunately, genuinely question whether my doctor is someone who's opinion about health matters is as unbiased as I would like it to be. It's almost like they have a vested interest in pushing the vaccine – and continuing booster shots – with scant regard for individual preferences. But that would be way too conspiratorial, I guess! – John S. And another book recommendation comes in… The best book I have read that should be read by everyone is Virus of the Mind by Richard Brodie. Everyone would then understand how they are being controlled by the Elite controlled political system. Jean Raspail’s The Camp of the Saints does a great job of showing why the masses of men react the way they do to illegal immigration! – Charles F. Lastly, one reader comments on fossil fuels, as Bill has wrote about recently… (catch up [here]( [here]( and [here]( Human beings always take the lazy, easy way out, even when they know that there is a better way they should be doing things. So it is with oil, coal, and natural gas. Fossil fuel technology was developed in the 1800s and was quickly adopted because of the vast amounts of fossil fuels available, and the ease of getting at them… even if that meant ripping down mountains, poisoning rivers, streams, the water table, and the oceans; and polluting the air. Fossil fuels were easy… and profitable. Let's not forget that! – Dale A. Do humans tend to take the lazy, easy way out of situations, as Dale believes? What are your thoughts on the Nightmarish Winter Bill sees coming? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=America’s nightmare winter gets more nightmarish). 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