People are defaulting on their Utility bills (1.Viewing)

Two things about this article...

1. With the cost of Utilities a device like the mock up pictures has to eventually happen.

2. With my pool I used to get a $800 gas bill every second month, I now get that every month.

Hardly a surprise as economists have been predicting this for years. I remember seeing a show (probably on Nova) in the late-80's or early-90's that outlined this scenario perfectly and predicted that by 2025 we'd be deep in the .

Finite Resources + A Rapidly-Mushrooming Global Population + Evil Corporations Eager to Raise Prices = TODAY

The first week in our new house (in a new development) while taking out our garbage and while looking at all the other people doing the same thing, and seeing the endless lines of trash bags dotting the streets, I had to laugh at our innate delusion that a capitalist lifestyle is even remotely sustainable at current population levels.

But the best example of this idiotic chicanery was Mexico City proclaiming itself a "Green City"... and this momentous goal was achieved by simply moving their dump site to a more remote location.

Finite resources and record high debt levels / money debasement.

UK has to import a high amount of energy. I read that the UK is re-opening some oil or gas fields to drilling again.

It could be bad for Europe if they get a cold 2023/24 winter, unlike last year which was a mild winter. A hot summer also boosts energy demands.

Commodities are going to have a good run for a few years, and money printing will return.