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Energy Crisis

12 Events to Watch for in 2023

by Michael Wilkerson
January 6, 2023

Editor’s Note: Over the past month, I’ve read at least two dozen articles with major predictions for 2023. The article below is a good list. I wouldn’t call it “great” because the last few items are questionable, plus despite what most would consider to be a bit of doom and gloom in the predictions, I think the author actually painted a rosier picture of our circumstances than reality.

Nevertheless, it’s a much better list than most that I read. On today’s episode of The JD Rucker Show, I dove into this list for about the last two-and-a-half segments. Here’s the video from Gab.tv which we are trying to grow, plus a backup from Brighteon is below the article.

The year 2022 was one of surprises: Russia’s invasion of Ukraine, persistent inflation fueled by energy costs, the collapse of FTX and crypto markets, the revelations of the so-called Twitter Files, and one of the worst equity markets in recent history, to name but a few.

The year 2023 is poised to present some equally challenging circumstances. Here are 12 trends, events, or surprises that may come to shape and define the year ahead.

1) Inflation Returns

I may be the minority report here, but I do not believe we’ve seen the end of—or worst of—inflation in the United States. I argue that following a lag in which price growth appears to moderate, Consumer Price Index (CPI) inflation returns to the 8–12 percent range, where it persists for the rest of the year. This will be cost-push inflation, not demand-pull (see the second point below), and a lagging result of trebling the money supply in the United States since 2009. Stagflation returns, with the Misery Index (inflation plus unemployment) hitting new highs.

2) The U.S. Economy Enters Recession

This is a less controversial proposition at this stage, as most economists and analysts agree that recession looks highly probable for 2023. The first half of 2023 is likely to be characterized by negative GDP, rising unemployment, and an insecure consumer. The wave of layoffs which began in the tech sector in 2022 spreads to other industries and sectors, and migrates down from large-cap corporations like Meta and Amazon to small- and medium-sized enterprises which are disproportionately affected by the slowdown.

3) European Energy Crisis Worsens

While in the near term Western Europe may be spared the worst possible outcomes due to a mild winter, the underlying factors which led to the energy crisis haven’t been resolved. Germany, the European Union’s largest economy, made a Faustian bargain believing that it could abandon its coal industry and any nuclear aspiration and instead place their trust in the Russians—against all historical experience—and a green utopia. France similarly backed away from its path to energy independence—nuclear power—and are paying the price. While both have recently repented these misjudgments, the path to recovery will take years, not months. In the meantime, supply shortages will continue to plague these economies.

4) Oil, Crypto, and Gold Perform

Energy markets will continue their bull run for the foreseeable future as a result of continued supply disruptions and refinery constraints. Bitcoin and Ethereum emerge from a long, dark crypto winter, but altcoins remain frozen out. The dollar begins a long, if slow and turbulent, slide from 2022 highs, as peak demand from rapidly rising interest rates eases.

JD's Aggregator

5) Continued Rise of Resource Nationalism

The unforgettable geopolitical lesson of the pandemic era has been that just-in-time supply-chain dependence on countries that many or may not have another nation’s interest at heart represents a dangerous strategic folly. It’s well and good that we learned this lesson when we did. Countries around the world are now aggressively working to realign their supply chains and ensure that they have strategic resources in adequate supply to meet unexpected, Black Swan events. Look for increasingly protectionist and nationalistic policies to dominate trade discussions.

6) Traditional Global Alliances Break, New Ones Form

Long-standing partnerships, such as the United States’s relationship with Saudi Arabia, have already begun to unravel. Expect further strengthening of the China and Russia-led alliance involving former U.S. allies, or at least non-aligned nations such as India, Turkey, South Africa, and Brazil. Most vulnerable to geopolitical shifts are countries in Africa, Southeast Asia, and South America. Because of sanctions warfare and incoherent or at least inconsistent foreign policy, the United States ends up in a net deficit position, losing more friends than it gains in this process.

7) U.S. Dollar Dominance Continues to Erode

Hard money returns to favor, with commodity-backed currencies taking the spotlight. Alt payment systems, petrodollars being replaced with petrorubles or petroyuans, as well as central bank-issued digital currencies, will all conspire to slowly erode the U.S. dollar’s share of global financial and trade flows.

8) The West, Weary of Cost of Ukraine War, Sues for Peace

While it may not be realistic to think that Russia can bomb the Ukrainian people into submission, the increasing costs of supporting Ukraine’s war with Russia will challenge political leaders across the West. This fatigue will increase as more citizens start to ask reasonable questions about whether hundreds of billions of dollars or euros might not be better spent to take on some of the domestic economic and social challenges that these nations face at home. Eventually, Western governments and Putin each decide that a half a loaf is better than no loaf at all.

9) Domino Effect of Exposure

The recent uncovering of high-level frauds and corruptions involving U.S. government agencies and personnel continues. Increasing transparency leads to accountability. Eventually, the evidence becomes too overwhelming to ignore; arrests, trials, and convictions ensue. Congressional hearings lead to wave of resignations and first steps toward fundamental institutional reform.

10) China Barks, but Doesn’t Bite, at Taiwan

While we should expect the growling and barking to grow louder, with more frequent air space incursions, naval activity, intimidations, and outright threats, it is highly unlikely that China invades Taiwan in 2023. While China most certainly would prefer to confront Taiwan while the Biden administration remains in power, rather than face an improbable return of Donald Trump to the presidency, Xi Jingping’s government will conclude that they are not ready, militarily, politically, or otherwise, to invade Taiwan. Domestic issues, including a worsening economy and rising social unrest within mainland China, will mean that creating a row with the United States and other trading partners in the West remains untenable for the time being. While Russia might be able to make do without selling gas to Germany, there is no way the Chinese economy can survive if abruptly cuts itself off from the United States and Western Europe.

11) Second-Half Rebound in Economy and Markets

While I am not optimistic about the first half, I take great comfort in the breadth and resilience of the American economy. There is enormous unleashed latent potential in oil and gas, in manufacturing onshoring, in supply-chain realignment, and in new technologies such as AI, quantum computing, blockchain, and cold fusion.

12) More of the Same

What could derail a more V-shaped recovery are the same forces that helped bring the recession about: poor policy decisions that continue to damage our energy industry, keep our borders insecure, and fail to dismantle the out-of-control regulatory bureaucracy that is impeding innovation in energy, manufacturing, financial services, and technology. These are some of the largest sectors in the economy and those which have been most negatively affected by the Biden administration’s imprudent return to Obama-era economic policies.

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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures

The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?

That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.

From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.

The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.

This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.

For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.

Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.

As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.

If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.

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