Peter St Onge Podcast Ep 130 Weekly Roundup: Power Grid could "Collapse"
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Jul 21, 2025 The power grid faces serious stability issues as reliance on green energy grows, causing voter concerns. Recent predictions show economists optimistic about job growth and inflation despite earlier fears of recession. Meanwhile, gold is gaining attention as a hedge against rising public debt. The relationship between tariffs and inflation is examined, emphasizing that while tariffs might not be the main inflation driver now, future government actions could complicate matters. Tune in for insights into how these trends are shaping our economic landscape!
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Power Grid Crisis From Renewables
- America's power grid risks collapse due to unreliable solar and wind power.
- Renewables produce less than promised and cause costly blackouts, jeopardizing electricity stability.
Shifting Public Energy Preferences
- Public support for wind and solar energy is rapidly declining, especially among Republicans.
- Demand for fossil fuels and nuclear power is increasing as voters prioritize reliability over green alternatives.
Tariffs Fail to Trigger Inflation
- Despite fears, tariffs have not caused the predicted inflation or recession.
- Economists now forecast moderate growth and inflation well below initial scary projections.