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It’s Gonna Be a Long, Hard, Cold, Expensive Winter

Writes Jim Quinn:

According to Trump, the future’s so bright, you gotta wear shades. Well, it looks like long underwear and a parka might be a better option. ZeroHedge and myself have been raging about electricity prices for quite some time. This chart, based on BLS bullshit calculations, shows a 35% increase in electricity prices since 2021. Anyone who lives in the real world knows electricity prices in the Northeast are up 20% to 30% in just the past year. My online bill paying app provides the proof.

Our overlords solution to these high electric prices is to drive them substantially higher by encouraging and subsidizing the building of data centers to power the AI “revolution” (aka latest scam) that will take away the very jobs we need to pay our electric bills. Isn’t that precious. As you huddle in the dark because of unpaid electric bills, at least you’ll have the satisfaction of knowing the billionaires running this shitshow will be getting richer on the backs of the lowly peasants like yourself.

Now the current great news. Natural gas prices just hit a two year high, up 59% in the last three weeks alone. As the first cold snap of the winter descends across the Midwest and Northeast, your heating bill next month is going to be 60% higher than last year. But, at least you have the satisfaction of knowing Trump is selling our “excess” natural gas to the EU, as Russian natural gas is off-limits to the world markets. Time to gather some wood and sell off grandma’s jewelry to pay your heating bills this winter.

So, home prices and rents are at all-time highs. The cost to light and heat our hovels is up 30% to 60%. Beef prices are up 15%, with most other foodstuffs up in the 5% to 10% range. The average new car price is now $50,000. Property taxes, sales taxes, and gasoline taxes continue to rise. The Wall Street shysters are still charging 20% interest on credit card balances. But, miraculously, your overlords tell you inflation is 3% and falling. Therefore, Powell and his cronies are perfectly fine reducing the Fed Funds rate to benefit their billionaire owners with the stock market already at all-time highs. Do you get the picture? They don’t give a f*ck about you.

Yeah, it’s gonna be a long, hard, cold, expensive winter. While the billionaire sociopaths light their cigars with hundred dollar bills, reaping the riches of high energy prices and low interest rates for themselves, we will be lucky to not end up like this before the winter is over.

 

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