European Power Grid in Serious Trouble

The German power grid crashed on three separate days during June which was so critical, it required neighboring countries to come to its rescue to prevent a total blackout. The entire European power grid has been exposed as a risk. The cause of the insufficient power supply is not yet fully understood. The issue in question is the EU demand for the reduction in CO2 and the push toward electric cars. The power grid of Europe will not be able to cope with such a mass convergence. The shortages in June are a warning that the Global Warming agenda being pushed in Europe really needs to a reconsidered.

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Market Talk – April 25, 2024

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