The Food & Energy Crisis Has Only Just Begun | Doomberg
On today’s episode of “Forward Guidance,” Jack Farley is joined by the mysterious green chicken known only as “Doomberg,” a research publication on energy, food, and fertilizer.
Doomberg argues that the ongoing surge in oil and natural gas prices is due to key policy errors that, if they continue, will ensure that price shock will turn into a full-blown energy and food crisis that will push many countries to the brink of recession, particularly Europe and frontier market nations.
Doomberg breaks down the frightening dependence of Europe on Russian energy and explains how, in the case of Germany, a rejection of nuclear power by so-called “environmentalists” led to its embrace of coal.
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(00:00) Intro
(00:33) The Start of Doomberg
(05:27) Core Energy Thesis
(12:00) How Germany's Rejection of Nuclear Led To Its Embrace Of Coal
(14:32) The Weaponization of Russia's Natural Gas
(19:40) Europe's Dependence on Russian Energy
(34:00) Bit.com Ad
(34:30) Nuclear Power
(39:20) Farmers On The Brink
(47:30) Oil
(54:57) Renewables
(01:08:36) Questions From Audience
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.