Power cuts hit homes in north-east China
One power company said it expected the power cuts to last until spring next year, and that unexpected outages would become “the new normal”. Its post, however, was later deleted. The energy shortage at first affected manufacturers across the country, many of whom have had to curb or stop production in recent weeks.
But over the weekend residents in some cities saw their power cut intermittently as well, with the hashtag “North-east electricity cuts” and other related phrases trending on Twitter-like social media platform Weibo. The extent of the blackouts is not yet clear, but nearly 100 million people live in the three provinces.
In Liaoning province, a factory where ventilators suddenly stopped working had to send 23 staff to hospital with carbon monoxide poisoning.
A clear signal of a failing economy. Zero percent interest rates have stoked demand while throttling the supply of capital needed to meet that demand.
Don’t you mean throttling the capital needed to make it profitable?
Dennis, do you mean to tell me that even a commie government can’t produce wealth?
Massive default.
Massive floods
Overwhelming response to the least threatening criticism
Now blackouts
What are the chicoms hiding?
They are hiding nothing, it is all out in the open, the people of the world are to stupid to see it. Why? Because the morons are unable to think that far ahead.
Seems to be several chinks in their armor.
“In Liaoning province, a factory where ventilators suddenly stopped working had to send 23 staff to hospital with carbon monoxide poisoning.”
Hahahahahahahahahahahha die commie pigs. Your ambition, greed and evil is catching up.
While the sentiment is correctly attributed, remember that the communists don’t run things, they leave that to the lesser beings.
The communists are no better than an organized crime syndicate that profits from control.
They care little if at all for those tasked with making goods or providing services they only care about receiving their cut.
In this respect they are nothing more than medieval overlords that believe they have a divine right to rule.
Russian Gas Supplies to the EU plunged 57% overnight.
Natural Gas Prices in the EU are sky rocketing.
Oh My. Call Greta, Call Gaiaiai,
Please Dear God take down Line 5 to eastern Canada.
https://www.zerohedge.com/markets/european-gas-prices-hit-escape-velocity-after-russian-gas-supplies-plunge-57
https://old.reddit.com/r/LeopardsAteMyFace/comments/pweilc/chinas_trade_war_with_australia_in_7_pictures_how/
If anyone is suffering from carbon monoxide poisoning, the quickest and surest treatment is hyperbaric oxygen. Most doctors are unaware of this so if going to the hospital delays receiving hyperbaric oxygen it will be a much longer path to recovery.
Good advise WalterF, but only in countries with functioning medical (as opposed to medically rationed) case systems.
Perhaps NO energy is better than Energy Poverty? Electricity prices DOUBLE throughout Europe.
https://www.investmentwatchblog.com/energy-crunch-in-europe-households-now-pay-double-the-price-for-electricity-in-spain-power-prices-hit-this-week-records-in-the-uk-germany-and-france-too/
With Energy Poverty … your power will be cut AND you’ll be destitute
From a friend with extensive business experience in China “China Air isn’t just a commuter airline”
And we decided to toss energy independence in the dumpster.
Sounds like the canary in the coal mine.
bverwey
Interesting that the U.N. just last week demanded that Australia make drastic cuts to their coal exports in the name of Climate Change. We also know cutting production of anything when demand is up results in higher prices worldwide. That said, China thought it would get cute by banning Australian coal creating huge stockpiles driving down the price and it did just that, but only temporarily, other nations seeing the bargain coal scooped up the stockpiles plus the reserves thereby creating a shortage, hence a huge uptick in prices. China realizing they effed up now have to buy coal at the current stratospheric prices. And that’s why they’re turning out the lights in Chinese shitholes.
I know China’s reputation is that they’re incredibly smart…but if you give them a chance they can outstupid anyone.
No western country should be selling coal, wheat, pigs, chickens soy beans or any foodstuff to China. Let them eat real estate.
Let them eat Chinese Long Pig.
Good luck China, hope things don’t get so desperate that you decide to pillage a resource rich country in North America that is lead by a moronic dilettante whose foundation has received millions of dollars from you.
Which country am I talking about? There’s at least two to pick from.
Manitoba Hydro announced a few weeks ago that due to low water levels up north from the drought they will not be exporting any hydroelectricity this winter otherwise they might not have enough power for their Manitoba customers.
https://www.msn.com/en-ca/news/canada/manitoba-hydro-wont-meet-winter-export-budget-thanks-to-widespread-drought-and-low-water/ar-AAOqbgw
After reading that, I have stocked up a lot more firewood for my emergency wood stove this fall in case we end up like China.
Before candles what did they use for light in Communist countries??
Electricity!
Yeah. China is toast tomorrow, or are they the biggest and worse threat to global economics?
I’d say that militarily, they’re a paper tiger, but economically, they are smarter, more focused and more ruthless than any western country, but then again, so are the 7th century goat-shaggers.
The west has actually managed to bend over so far that they are now lecherously kissing their own asses goodbye.
Smarter people still have electricity.
Being a cunning thief takes occasional luck, gullible second and third parties and cravenness.
Which one do you think China is?
A cunning thief with a manufacturing sector that services the world? Including YOU! Do you know where all the ICs in your devices come from? Do you even know the difference between a microcontroller and a microprocessor?
You didn’t really answer my question.
But continue pretending that we should trade with China because of good reasons.
It’s worked out well for us so far.
I wouldn’t give them the steam of my piss.