HAHAHAHAHAHAHA this shit skyrocket.
from 650 euros that were already sky high to 900 euros yesterday and 1000 today.
Yesterday:
https://peakd.com/leofinance/@urun/900-euro-mhh-in-france--france-baseload-power-forward-index
650 Euro 3 days ago
https://peakd.com/euro/@urun/energy-prices-average-day-ahead-market-prices-for-2022-08-23
https://peakd.com/euro/@urun/euro-fun-coupons
1000 Euro per MWH, wow euro is really fun coupons. To be honest i expect this shit happen in the winter period.
And not 10% daily. That's beyond insane.
That's Hyperinflation.
Euros become worthless shit.
And I know a lot of people are too stupid to see it and run directly into socialism.
This fuckers will take after they made the currency worthless and the people poor everything else.
Because there will be no other choice or default.
It looks really like Europe will break.
Winter is coming
Hell in Winter!
USD is (fiat) king.
I just noticed the last sentence of the post:
damn right
This comment section
USD will stay stronger simply because of energy and the working economy.
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you can see the RED line going out of control, that is speculation and fomo-driven.
SUPPLY and demand.
The game is easy. NO new supply makes it a shitcoin. It will breaks. But it also has a burnrate.
Remember that. Natural demand. People need to buy the sky high prices.
it could be also possible energy companies buy some more, because they know how the situation is to resell it later for some x more.
And ST futures are stupid. More interesting is the production side that already shrinks.
IDK why. Maybe because gas is already expensive?
Could be possible.
And there is no alternative to it.
Do you think companies will survive those politics? I think they will leave Europe.
Good for the USA.
USA is a bit far, maybe just russia?
Depending on which market they use. China or western i would say.
China is so broke, that their FIAT is even more laughable than the euro right now. They have built Ghost Cities, some of those living areas are sold while not built and the money is already burned. Unbelievable.
The US has only one thing to do - nothing. Wait for Winter to come and don't bankrupt themselves like the others and they win the game.
China owns a massive supply of US bonds.
True they fuck up, but they are far away from being bankrupt. The ghost cities are there since 2012.
But if those 2 parties start going crazy this year too, I don't know what will happen.
In general, both markets are strongly connected in financial terms.
Yap, but those videos are 2022. Eventually, you're right, China can sustain its own Ponzi for a very very long time.
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How fitting, I don't think they have money for running that factory right now.
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1063 euro today peak.
Dude Europe will go to zero.
But, i have some ideas $$$$$$$
I'm not sure how much of that is the markets and the extremely dry weather tilting those french mini neclear plants.
That's not the reason lol. European energy politics are made by a 5-year-old retard that can't read or write.
Otherwise, there would be little spikes, but not a European-wide problem.
Btw fertilizer is also 50x in price.
World hunger next.
Let's do more lockdowns will be the solution, retard never learns
the new religion is green!
Don't eat meat,
Don't use energy,
and be very woke.
If you do this, you will probably become fertilizer at some point :D
It's actually 50% seriously meant, they will lockdown part of everything to create energy rationing and that will accelerate inflation while dumping money into the system to not have people just die of hunger or frost and that will accelerate inflation, you get the spiral I guess.
Things speed up faster as we imagine.
And remember,
I told you a week ago. The icebreaker looks to Europe. Big $ can be made if it breaks.
Really big $.
try that move
yeah, EU will break :D
I see no way how it would not break.
Not a single outcome. It has already become unstable.
The only logical survival would be socialism. They take everything, destroy everything and then ??? happens.
To be real I cant imagine how avg people would pay a 50x energy bill.
even food should be 50x in the midterm + normal gas for trucks and cars.
No way they could cover in any way the demand.
But it was clear. All LNG containerships combined 24/7 could only handle 20% of NS1.
So that was retarded from the beginning.
So the ESG had their way, it happened just a bit too fast.
i want a second season for it :(
was really great
I won't miss it. But socialists never die without a sound and bloody revolution.
they will take all your money and kill the successful.
No, you can't produce without energy, makes no sense.
what makes no sense?
Try to produce anything while paying 1$/kWh, you can't do shit. You can't move it, can't keep the machines running, you can't keep the heat on and you can't even effort the lights. It's fast-forward to the stoneage.
feed it to the fish
https://energy-charts.info/ just deleted the start for 2020, can't load em. Somebody thought that would be smart, true dat.
i think after europe goes to zero, it will be like after ww2. You can buy for some USD everything people have :D
New APP, OnlyFood will be released soonish
what are you telling me, don't make it sound great...
lol it already starts breaking down.
I would buy food at scale or leave Europe :D
There have been times in 2020 when energy was for free, because of smart people making smart decision and putting people in
jailhome lockdowns.there was a time you got money buy oil on future markets. because demand was zero with the first covid lockdowns :)
No RCs on Urun wallet. Lol. That's why new users don't like hive :D I delegate to much around :P