Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
yesIs this about the coup in Niger or about South Africa?
In August 2016 two white farmers were filmed beating and then forcing a black man into a coffin in which they told him he would be buried alive. They were given sentences of 11 and 14 years.There have burials of Black children while they are alive by White South Africans while they were alive, this war that they have is truly beyond us.
That is us, now that they're criminalizing the competent, educated white middle class. Hire based on "diversity" and the more-unqualified the better...this is what happens to a high-technology society. It stops functioning.The African Power Grid Collapse Is Spreading
Last summer, we looked at the collapse of the power grid in South Africa. The country which previously had the most economically stable and prosperous government in sub-Saharan Africa suffered waves of unemployment and looting as its economy buckled under the strain. They’ve managed to put together some foreign aid to apply patchwork fixes since then, but there are still rolling blackouts taking place on a regular basis. This winter, however, the power grid problems are spreading in one of the more underreported stories of the year.
Zimbabwe and Nigeria are now also experiencing near-total collapses of their power grids. People who still have jobs are having to work at night because that’s the only time there is stable electricity. Scheduled blackouts frequently last up to ten or even twelve hours per day, and both nations’ economies are tanking as a result. (Associated Press)
From Zimbabwe, where many must work at night because it’s the only time there is power, to Nigeria where collapses of the grid are frequent, the reliable supply of electricity remains elusive across Africa.
The electricity shortages that plague many of Africa’s 54 countries are a serious drain on the continent’s economic growth, energy experts warn.
In recent years South Africa’s power generation has become so inadequate that the continent’s most developed economy must cope with rolling power blackouts of eight to 10 hours per day.
These nations are experiencing unrest, particularly among people who claim that they have continued to pay their utility bills but have no electricity for most of the day. The AP spoke to a couple of residents in Zimbabwe who are food merchants that rely on refrigeration for their products. With no power during the day, the food spoils and they are at risk of losing their livelihoods.
The problems aren’t limited to just these three countries, by the way. 590 million of the 600 million African people who regularly lack access to electricity live in the sub-Saharan region of the country. But even fresh injections of foreign aid have failed to stabilize the situation.
So what do Zimbabwe, Nigeria, and South Africa all have in common? A couple of years ago, Zimbabwe agreed to a UN plan to mandate more renewable energy and move away from coal and natural gas. At roughly the same time, Nigeria signed on to the UN Clean Energy Demand Initiative and John Kerry showed up in person when Nigeria’s president signed the mandate. And as we’ve discussed here before, South Africa started its “transition” to renewable energy years ago, dumping $8.5 billion into the plan in a move the New York Times described as a “Breakthrough for the World.” A few years later, people are sitting in the dark with no heat over wide regions of each country. But I’m sure that’s just a coincidence, right?
Do you know who isn’t worried about having enough power? China. They’ve been issuing construction permits for an average of two new coal plants per week for the past couple of years. China’s carbon output is more than double that of the United States, where the energy industry has been slashing emissions for years. And yet you didn’t hear a peep out of John Kerry and the rest of the climate hecklers who flew their private jets to Davos so they could scold everyone else. China can apparently do what they like because they’re a “developing nation.”
The Chinese are laughing their butts off at us right now. We’re tanking our own power grid and our economy to placate the climate gods. I somehow doubt Beijing is too concerned about potentially getting into a hot war with a country that can’t keep its lights on and gives away all of its missiles to Ukraine. Best of luck, Taiwan. You may need to find a new protector.
The African Power Grid Collapse Is Spreading - Truth Press
Last summer, we looked at the collapse of the power grid in South Africa. The country which previously had the most economically stable and prosperous government in sub-Saharan Africa suffered waves of unemployment and looting as its economy buckled under the strain. They’ve managed to put...truthpress.com
She's a universal archetype. Women like her have always been around, playing "Let's You And Him Fight." In years past, it was done on the streets, or in public houses. It made these aging harpies feel important and it aroused them.Go pound sand Victoria.... I don't know much about those in the coup but hey, they can't be all bad.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?