Tucker looks at how things are going in Europe with their current energy shortages. Highlights include:

“We are living in one of those moments where so much is happening all at once, and information about it all is so tightly controlled that huge, history changing events can occur, and in fact, are occurring right now and nobody seems aware of them. It’s pretty unsettling, actually.”

“Here’s one example. Europe is descending into poverty. So, the most advanced continent on the planet, the birthplace of western civilization, our civilization, is getting much poorer very quickly. It’s moving backward at high speed.”

“In Poland, families are standing in line for days to buy coal. Not in 1910, right now, tonight, cars queued up outside coal mines hoping for fuel. The French government has announced energy rationing this winter. Just the other day, France had so much energy that it exported it to other countries, it was a net exporter of energy. Now there won’t be enough heat in France for everyone in the country to stay warm. In the UK, 70% of restaurants are preparing to close, to go under. Why? Because when winter comes, they won’t be able to afford to keep the heat and lights on, etc, etc.”

“So, the question is, why is it happening? And the answer is extremely simple, there is an energy shortage in Europe.”

“The ‘Green New Deal’ means what it always meant. It means poverty, and the people pushing the new deal must’ve known that all along. They don’t actually believe climate change is an imminent threat. If they actually believed climate change was an imminent threat, an existential emergency, the first thing they would’ve done … would be to ban private jets. Oh, but no, to this day Al Gore still flies on private jets. Barak Obama owns tens of millions of dollars of beachfront property. He knows the oceans aren’t rising. Come on. So they’re all in on it. It’s a scam, but they don’t care, because they know they personally will escape the consequences of their own policies.”

“They’re not laughing anymore. The Europeans have discovered that the real threat to human civilization is not global warming, it never was global warming. The real threat to people is global cooling, otherwise known as winter. Far more people freeze to death every year than die of heat. In 2019, for example, 4 times as many people died of coal as of heat.”

“So, when temperatures in Europe begin to drop a few months from now, this is a huge problem, and that will be obvious to everyone. It’s not global warming, it’s global cooling. That’s what’s gonna’ kill your grandmother. And when everyone understands that perfectly well, a lot of things are going to happen. The status quo will crumble. Factories will close, unemployment will rise, disposable income will disappear, and you’re seeing signs of that already.”

“The same central banks that intentionally caused inflation, and they did, those same central banks are now hiking rates to destroy demand. The problem is, this isn’t a demand problem. This is a supply problem, and it stems primarily from the war in Ukraine. Because of that war, the west does not have enough energy to continue its economy or its society. Europe responded to that war by imposing sanctions that they knew would inevitably cause energy shortages. They knew it when they did it.”

“Did these sanctions actually hurt Russia? They caused food and energy shortages throughout the west. No, they didn’t hurt Russia. Russia today has more than enough energy, more energy than it can use or sell. In fact, Russia has so much excess natural gas that it’s simply setting it on fire. That’s right, ‘flaring it’, as they say. A Russian plant near the border with Finland is burning $10million worth o natural gas every day.”

“We could fix this problem. The solution to this catastrophe is very straightforward. End the war in Ukraine. Reestablish energy flows into Europe and save the global economy, including ours. Is Joe Biden doing that? Are other reckless western leaders like Boris Johnson doing that? No, they’re doing the opposite. They’re sending billions more from their dying economies to Ukrainian oligarchs, and for no good reason.”

“Are we winning the war in Ukraine? Have we bankrupted Vladimir Putin, like Joe Biden claimed we would? The ruble just hit a seven year high against the US dollar in June. Russia’s doing well. Europe is not doing well at all. Now Joe Biden is calling for an unconditional surrender from Vladimir Putin. Here’s the weird thing. By any actual reality-based measure, Vladimir Putin is not losing the war in Ukraine. He is winning the war in Ukraine, and Joe Biden looks at that says we won’t stop until you proffer an unconditional surrender. This isn’t bad policy, this is nuts.”

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