Don’t expect the world economy to resume its prior growth pattern after COVID-19

Most people seem to think that the world economy is going through a temporary disruption, caused by a novel coronavirus. As soon as COVID-19 goes away, they expect the economy will be back to normal. I think that this assessment is overly optimistic. The way I see the situation, the world economy was already having severe growth problems, caused indirectly by resource problems, even before COVID-19 hit.

In a growing world economy, a person might expect that workers would be getting richer, so that they could afford an increasing quantity of goods and services. What we really see is something very different. The number of new automobiles sold was falling in many major countries long before COVID-19 hit, even as population was generally rising. Clearly, something was seriously wrong.

Figure 1. Auto sales for selected countries, based on data of CarSalesBase.com.

As I see the situation, the world has a resource problem. Resources of many kinds, including fresh water, energy products, and minerals of many kinds were becoming more difficult (and expensive) to extract, even before 2020. Substitution might have worked if the problem were only one or two resources, but not with several major resources. Cutting back was the only answer.

Thus, the shutdowns for COVID-19 came at a convenient time, allowing economies that were already doing poorly to shut down. Needless to say, there was no world leader who was willing to explain this hidden issue to the world population. Instead, world leaders used standardized code words such as “we need to move to renewables” or “we need to reduce carbon use by 2050 to prevent climate change.” Unfortunately, the ability to move to alternatives in this time frame is simply an illusion, allowing world leaders to avoid mentioning the serious resource issues that the world economy is really facing.

I expect that within a few months, a new crisis of some sort (perhaps financial) will come along, further reducing resource use. This will happen, whether or not the problem of the novel coronavirus is solved. In this post, I will try to explain the situation.

[1] The world’s economy is a self-organizing system, powered by the laws of physics. It requires a mix of resources, including energy resources, to operate.

The laws of physics require that energy be “dissipated” whenever activities we associate with generating GDP take place. For example, if a person is to drive a truck, he/she will need to eat food for his/her own personal energy. This food is “dissipated” by digestion. If the truck is to transport goods, it will need to burn some type of fuel, such as diesel. This fuel is dissipated by burning. If a computer is to operate, it will need to dissipate electricity. If a room (or a liquid) is to be heated or cooled, some sort of energy dissipation will be required.

The world economy grows in a very orderly manner. It gradually adds population, as more babies are born than people die. All of these people need food and fresh water; they also need some type of housing and clothing to protect them from the elements. Ideally, they need some type of transportation in addition to walking. Businesses are formed to enable access to goods and services that fill these needs. Governments are also formed to provide services used by all and to regulate the system. A financial system is formed to facilitate transactions, among other things.

The world economy cannot slow down and quickly restart. This is especially the case for an economy that had already started slowing, even before the 2020 pandemic. If not enough resources of the right kinds were available to enable true economic growth before the pandemic, it is hard to see how the situation would be very much improved a year later.

One key to understanding how a self-organizing economy works is to understand that the economy is multi-sided. Businesses need to make an adequate profit, to continue in operation. Workers need to earn an adequate wage to raise a family. Customers need affordable prices. Shortages of inexpensive-to-extract resources can lead to many different problems: lack of profitability for producers, or too much wage disparity among workers, or too high prices for customers. Resource shortages can also lead to people with inadequate wages wanting to migrate. They can also lead to empty shelves in stores.

[2] Depleted coal mines near population centers in China have adversely affected the Chinese economy more than it tells the outside world.

China joined the World Trade Organization (WTO) in December 2001. The Kyoto Protocol mandated that 37 industrialized nations cut their greenhouse gas emissions. More than 100 developing countries, including China and India, were exempt from the treaty. This combination of events allowed China to greatly ramp up its economy, building many new roads, factories and housing units from concrete, with little competition from the 37 industrialized economies.

China had very large coal resources, which it ramped up (Figure 2). Of course, this greatly increased world coal consumption, an effect precisely the opposite of the stated purpose of the Kyoto Protocol–to reduce world CO2 emissions.

Figure 2. World and China coal consumption, based on data of BP’s Statistical Review of World Energy 2020. China imported 7.4% of its coal supply in 2019, so China’s coal production would be similar, but it would hit limits a bit sooner and harder.

The problem that China ran into about 2013 was that its coal mines, especially those near population centers, began depleting. The cost of extraction started rising because the thickest coal seams, closest to the surface, were badly depleted. In theory, there was still a great deal more coal available from those mines if the price would rise sufficiently high. Coal from new mines that were more distant from population centers might also be used if the price would rise high enough to include overland transport costs.

Coal prices didn’t rise to match the higher cost of production. If they had risen, they would have raised the cost of many goods manufactured for export, making these industries less profitable. Because coal prices stayed too low for coal producers, over 70% of China’s coal companies were reported to be unprofitable by the first half of 2014.

China closed unprofitable mines and added new mines at more distant locations. China’s coal production has struggled in recent years. A constant problem has been keeping coal prices high enough to cover the rising cost of extraction and delivery to population centers. There are recent indications that coal supply is inadequate: Parts of China experienced rolling blackouts in the winter of 2020-2021, and warnings have been given to expect possible electricity shortages this summer. China has been accepting few coal imports, largely because it wants to keep its local prices sufficiently high that its own coal producers can be profitable.

China uses coal in many ways, including generating electricity, making steel, and manufacturing cement, which is the most important ingredient in concrete. Concrete is used in producing roads, bridges and buildings of all types, including high rise buildings used in many places in China.

Figure 3 shows that China’s cement production fell at a time similar to that at which coal production “flattened out.” This would not be surprising if a shortage of coal led China to cut back on its use of cement in order to save coal for electricity production.

Figure 3. Cement production for the World and China based on USGS data.

China, like other countries, has been seeing its population rise. Figure 4 shows coal and cement amounts for China on a per capita basis. This approach shows that, viewed on a per person basis, both coal consumption and concrete production have been falling since about 2013-2014. In fact, coal consumption began to fall slightly before cement production, suggesting that the fall in coal consumption is the cause of the fall in cement production.

Figure 4. Cement production from the USGS and coal consumption from BP’s Statistical Review of World Energy 2020, divided by population from the World Population Prospects 2019 by the United Nations.

[3] A decrease in new home building in the United States after 2008, as well as the recent difficulty in ramping construction back up again, are further evidence that the world is reaching resource limits of some kind.

Figure 5. New US privately owned single-family housing units divided by US population, multiplied by a constant. This gives a measure of per capita growth in new single-family housing units. Chart prepared by the St. Louis Federal Reserve.

Figure 5, above, shows that the number of new single-family housing units, relative to population, dropped dramatically after late 2005, early 2006. (This was when US Federal Reserve target interest rates rose, leading to higher borrowing costs for both builders and purchasers.) New home building plunged before and during the Great Recession. Building of new units has not ramped up very much, since then.

Even in 2020 and early 2021, the number of new units being started is very low by historical standards. It certainly wouldn’t be surprising if a lack of resources is part of what is depressing new home production. It may also be causing the spurt in resource prices (for example, lumber and copper) when new-home production does try to ramp up.

[4] World oil production seems to be falling for the same reason that China’s coal production stopped growing: Prices are too low for producers because of depletion issues. Oil producers cannot make an adequate profit, so they are reducing production.

Figure 6. World oil production through 2020 based on data of the US Energy Information Administration.

World crude oil production was at its highest level ever in 2018. It has fallen ever since.

Figure 7 shows that oil production has been falling in many parts of the world in recent years.

Figure 7. Crude and condensate oil production for selected areas of the world, based on data of the US Energy Information Administration.

The shining star of crude oil production, at least until recently, has been the United States with its shale oil production.

Figure 8. US crude and condensate oil production for the 48 states, Alaska, and for shale basins, based on data of the US Energy Information Administration.

Unfortunately, with low prices, US shale oil is unprofitable. Shale production fell in 2020, and indications for the year 2021 are down as well.

Worldwide, the oil industry seems to require a price of $120 per barrel or more to make investment in new production profitable, and current prices are far below this. Part of this high price is required to provide adequate tax revenue for oil exporting countries that are dependent on this revenue.

[5] Relative to population, worldwide oil and coal consumption reached its highest level in 2007. It has fallen recently.

Figure 9. World per capita energy consumption, separated between “oil + coal” and all other. Data for 2019 and prior based on BP’s Statistical Review of World Energy 2020. Figures for 2020 reflect percentage changes anticipated by the International Energy Agency in its Global Energy Review 2021.

Figure 9 shows that on a per capita basis, combined oil and coal consumption reached its highest level in 2007 and dipped during the Great Recession. It reached somewhat of a plateau in the 2011 to 2013 period, but started slipping in 2014 and had fallen ever since. Those who follow oil prices closely will notice that combined oil and coal consumption per capita tends to be high when oil prices are high relative to other goods; consumption tends to be low when oil prices are low. The lower per capita oil and coal consumption since 2007 would be expected to hold back the production of “goods” of many kinds, including houses, automobiles, roads and electrical transmission lines.

The “All Other” category is really not a stand-alone category. It depends on oil and coal for its pipelines and electrical transmission, among other things. Without concrete bases, it would be difficult to have wind turbines. Solar panels without steel supports wouldn’t work well either. In theory, if a huge amount of transition were done, perhaps steel and concrete could be produced in reasonable quantities with only the “All Other” types of energy, but someone would need to figure out precisely how this could be accomplished, including the timeframe required.

[6] Inadequate fresh water supplies are a problem in many parts of the world.

The standard approach to getting fresh water has been to tap underground aquifers and tap them at rates far greater than they are refreshed. In some places, this leads to saltwater intrusion; in others, it leads to a falling water table. Some examples of areas with water problems include California, Saudi Arabia, India, China, and Cuba.

There are ways to work around these problems:

  • Digging deeper wells
  • Piping fresh water from a distance, nearly always uphill
  • Desalination

Implementing any of these workarounds for water shortages takes energy of different kinds, mostly coal (to make steel) and oil (for transporting goods and extracting metal ores). These workarounds make the cost of fresh water higher. Higher water costs are especially a problem for agriculture and for poor families, struggling with budgets that cover little more than the price of food and water.

If fixes for the fresh water supply problem cannot be found, irrigation will need to be cut back. Such a change would likely lead to a fall in world food supply.

[7] We are probably kidding ourselves if we think that production of semiconductor chips can be ramped up significantly in the future.

China is now a major producer for rare earth minerals, and it is practically the only processor of rare earth minerals. Semiconductor chips are created using rare earth minerals, water and huge amounts of heat in an exceptionally clean environment. The leading producer of chips is Taiwan, using raw materials from China. There is a long lead time required for building new factories. My concern arises because of the resource issues China and the rest of the world is facing.

We use semiconductor chips in many things, including computers, cell phones, automobiles and “smart” appliances. Without a ramp up in semiconductor chip production, many high-tech dreams for the future will likely remain only dreams.

[8] With a falling supply of coal and oil per capita and inadequate fresh water in many parts of the world, we have already reached the point where some types of “optional” activities need to be cut back.

An early optional activity that was cut back on was recycling. Oil prices fell in 2014, making the recycling of many types of goods, especially plastics, non-economic because the resale value of recycled products dropped with oil prices. China cut back greatly on its recycling efforts, effective January 1, 2018. Other countries have followed suit. China’s cutbacks on recycling allowed it to save its coal supplies (which were no longer growing, see Figures 2 and 4) for other activities that had the possibility of being more profitable.

In early 2020, cutbacks associated with the pandemic gave the world economy some “breathing room” with respect to resource shortages. Cutbacks in travel left more oil for other uses. Oil prices could drop back. This was especially helpful to countries that are big importers of oil, such as those in Figure 10, below. It is not surprising that some of the countries with the biggest oil import problems have been the most enthusiastic about travel cutbacks related to COVID-19.

Figure 10. Quantity of oil imported for selected countries, calculated in barrels of oil per person per year. Oil imports determined based on data from BP’s Statistical Review of World Energy 2020; population is from World Population Prospects 2019 by the United Nations.

[9] The world economy has a very serious resource problem. There seem to be three different approaches to hiding the problem, none of which will really solve the problem.

The serious problem that the world economy is encountering is the fact that the supply of both coal and oil are running short, especially when viewed on a per capita basis. The world is also very short of fresh water. China is affected as much, or more than, other countries by these problems. As a result, China’s future growth prospects are likely quite low, even though few are expecting this change. Without a continued strong forward “pull” from China, the world economy may be headed for “collapse,” a condition which has affected many civilizations in the past.

There seem to be three different approaches to doing something about the world’s resource limits problem, without mentioning the nature of the real underlying problem:

[a] Develop a “fear of future climate change” story by creating models that assume we have huge amounts of fossil fuels that can be burned in the future, even though the evidence is very much the opposite: We are “running out” of coal and oil right now, but in a different way than economists have theorized (low price, rather than high price). At the same time, argue that a transition to renewables (particularly intermittent wind and solar) is possible in the next 30 years. The fact that essential minerals for such a change, including copper and lithium, are themselves in short supply relative to the incredibly large quantities required, is overlooked. No one stops to calculate the true cost, measured in energy products and other materials, required by such a transition, either.

[b] Create a “fear of the coronavirus” story, and use it to keep people inside and away from traveling as much as possible. Emphasize the possibility of mutations. If people cut back on traveling, it saves oil. If they cut back on eating out and large celebrations such as weddings, it reduces food wastage. If a pandemic takes place, politicians can use it as an excuse to mitigate problems of many kinds:

  • Reduce the need for imported oil, by keeping citizens at home
  • Keep factories closed, without disclosing that the factories could not really operate at full capacity because of inadequate orders or missing raw materials
  • Use shutdowns to keep order in areas disrupted by uprisings related to low wages
  • Hide the problem of many failing stores and businesses behind a new “temporary” problem
  • Give the politician a new sense of control with new rules related to the epidemic

It is disturbing that back in 2010, the Rockefeller Foundation was looking at using pandemics to control people when the foundation was examining possible workarounds for too large a population relative to resources.

[c] Hide the existing resource problem with more debt, to the extent possible. In fact, having a circulating coronavirus has assisted in this effort because everyone can see the need for more debt on a temporary basis, “until this problem goes away.” Of course, the resource problem is not going away, which means the world is likely headed for serious financial problems when the economy tries to ramp up again. See my post, Headed for a Collapsing Debt Bubble.

[10] My expectation is that the world economy will try to bounce back from this pandemic, but it won’t really be able to bounce back.

There really aren’t enough resources of any kind to pull the world economy much farther forward. A day of reckoning seems to be coming, probably in the next few months. The financial system looks like it is the weakest link. If the world economy dramatically slows, borrowers will not be able to repay debt with interest. There may be rapid shifts in currency relativities, disrupting derivatives markets. International trade will become less and less possible, perhaps taking place only among a few trusted partners.

We seem to be headed for a rapidly changing world economy, and unfortunately not for the better.

About Gail Tverberg

My name is Gail Tverberg. I am an actuary interested in finite world issues - oil depletion, natural gas depletion, water shortages, and climate change. Oil limits look very different from what most expect, with high prices leading to recession, and low prices leading to financial problems for oil producers and for oil exporting countries. We are really dealing with a physics problem that affects many parts of the economy at once, including wages and the financial system. I try to look at the overall problem.
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3,576 Responses to Don’t expect the world economy to resume its prior growth pattern after COVID-19

  1. Dennis L. says:

    This came across my Youtube likes today.

    https://www.youtube.com/watch?v=bGdQKbchu0M

    The main point is giga casting, traditional manufacturing; more important to me are the people behind this and the social issues.

    Elon has a material scientist wiz kid according to this post, he goes between aero apace and automotive. Tesla is casting the frame, more profitable, fewer parts. Look at about 16:14 for a discussion of sunk costs, debt, relationships between suppliers in legacy manufactures.

    Tesla is not batteries, not EV, it is incredible people being used across two businesses to a synergetic coupling that has historically been attempted to duplicate through acquisition.

    Tesla is meteorology, manufacturing techniques(Al in cars and spacecraft), multiplying human intelligence through AI, and striving to interface humans to machines through Nuralink.

    Socially we are seeing a huge polarization, it seems to involve people of color and whites although Asians are now a target and ironically are darker skinned than I am. We are seeing groups of people gain power that was previously reserved for governments. We have a large movement looking at RE which requires a huge amount of knowledge which is very difficult to access without incredible intelligence, education and it would seem social integration. These are not trivial issues.

    Interesting times indeed.

    Dennis L.

    • Dennis L. says:

      Sorry, some sort of spell checker, “meterology” should be metallurgy. Every so often what I think I wrote comes out something else.

      Dennis L.

      • Lots of high-quality energy needed for metallurgy, I expect. No one whittles a Tesla out of wood.

        • Dennis L. says:

          Gail,

          Trying hard not to be argumentative, a counter point is lots of chips in robots, fewer robots need, I have a follow on note regarding this.

          We are looking at things in isolation, it is a network and it does involve financial obsolescence, but much of the new stuff works very well.

          Smart aleck remark for which I apologize, we can mine minerals on the moon, wood is grown on earth, move much manufacturing off earth, earth is for people and trees.

          For all purposes, there is an infinite amount of energy and metals in the solar system alone, problem may be a mountain the size of Everest made out of scrap metal, we can deal with that one later.

          Dennis L.

          • Sam says:

            Dennis,
            Good On you For trying to problem solve but how much energy would be used to get those metals? I am guessing more then deep oil wells.

          • geno mir says:

            You got me DenisL. Please tell me where to send my CV for the propaganda, I mean the PR dept of Tesla. I am sure the pay is good and I can work remotely, right? I am the right person, trust me. I am argumentative, have science degree and am good at spinning narratives. Bonus point, I don’t have an issue telling fairytales to people who have thrown their brains out of the window and also score very high on the psychopathic spectrum so won’t need sabbaticals as I am not going to get overburn rom swindling.

          • Malcopian says:

            Come eclipse time, the figure of the moon fits exactly across the figure of the dun. What are the chances of that happening in any solar system? Who did it, and why?

            • Malcopian says:

              I meant sun, not dun.

            • Bei Dawei says:

              Uh, the “fit” varies and isn’t exact, Google “annular solar eclipse.”

            • Mike Roberts says:

              The chances are pretty good. The moon has been slowly moving away from the earth for billions of years. It just so happens that at the time a species (humans) can mull this stuff, it is at a distance where its apparent size more or less exactly matches the apparent size of the sun, though, as Bei Dawei mentioned, the distance of the moon from the earth varies so you don’t always see a complete eclipse (e.g. annular eclipses).

              There is nothing magical about it.

            • Tim Groves says:

              Mike’s answer is good!!

              We are living at a time when the disc of the moon and the disc of the sun appear be roughly the same size in our sky. Both discs vary a bit as the earth-moon and sun distance both vary throughout their orbital cycles. But in addition, the moon is moving slowly further away from the earth, making that one small step an even more giant leap as time goes by.

              As a story in Business Insider has it:

              About 4.5 billion years ago, a Mars-sized object (or perhaps a series of many smaller objects) crashed into Earth, sending bits of Earth’s crust into space. They fell into the planet’s orbit and eventually coalesced, forming our moon. That newborn moon — a ball of molten rock covered in a magma ocean — was nearly 16 times closer to Earth than it is today.

              Today, the moon is pulling away from Earth at about 3.8 centimeters (1.5 inches) per year. Scientists refer to this as “lunar retreat.” The pace of this motion hasn’t always been constant: The moon started out moving away at 20.8 centimeters (8.2 inches) per year, and its drift has fluctuated from between 0.13 centimeters (0.05 inches) per year to 27.8 centimeters (10.9 inches) per year.

              The fates of Earth’s oceans and the moon’s location in space are connected because the moon’s gravity pulls on ocean water, creating a “tidal bulge” that stretches slightly towards the moon. In turn, Earth’s tidal bulge exerts gravity on the moon. The Earth spins faster than the moon orbits it, so as the bulge rotates away, it pulls the moon along with it.

              The moon pulls back, and that slows the Earth’s rotation. All this dragging back and forth creates friction around Earth’s tidal bulge, which pushes the moon outward and makes its orbit larger.

              https://www.businessinsider.com/video-moon-drifts-away-earth-4-billion-years-2019-9

    • How much does Elon pay this whiz kid? Probably a few hundred thousand, at most a couple million.

      Willis Carrothers invented Nylon for the Du Ponts. And was promptly sidelined to an insignificant spot. he drank poison in anger, and the Du Ponts made billions out of his invention while paying his heirs nothing.

      You still believe in things like duty or obligation but the young kids don’t take such kind of bullshit anymore. The whiz kid will get tired of working for a stingy billionaire sooner or later.

      • Dennis L. says:

        Kul…

        Maybe not, get to a given point in intelligence and pay is trivial, one is in such wonderful world with an incredible circle of friends many of whom can only be accessed by being at a similar intellectual level.

        This man works with some of the finest minds in the world, seeming to revolutionize auto manufacturing half of the week and then doing the same with space travel the second half, what a trip. If he needs to be someplace, a car arrives, a jet arrives, he arrives, a car arrives and he is there, that is not money, it is talent.

        Elon made his money in PayPal, jokes about crypto while being the wealthiest man in the world, starts an auto company, listens to critics and basically admits the chassis are junk and does away with the whole process borrowing someone from his space enterprise to make a metal so it can all work.

        We face a huge societal issue with resentment of the talented and what they can achieve, we don’t know how to cope with it. Those with talent who do not abuse it are doing very well indeed, abuse one’s talent or not have it and it is a hard world once again, as it always was. In no way critical, your last paragraph appears to be an example of that.

        Dennis L.

  2. Herbie R Ficklestein says:

    WASHINGTON (AP) — Top regulators pledged Friday to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had to rush to support after it was roiled during the coronavirus outbreak in the spring of 2020.

    Members of the Financial Stability Oversight Council discussed the reforms aimed at the so-called short-term funding markets, which include money market mutual funds holding trillions of dollars.

    The oversight council is an interagency group headed by Treasury Secretary Janet Yellen, who said the 2020 crisis prompted “extreme policy interventions” by the Federal Reserve and Treasury to restore order in the market.

    Federal Reserve Chair Jerome Powell, also a member of the council, said the 2020 crisis was triggered by a “dash for cash” that prompted the Fed to step in with back-up financing to calm the turmoil.

    “Rapid redemptions at money market funds resulted from and in turn exacerbated the liquidity pressures,” he told the panel.

    Powell said after the Fed created a Money Market Mutual Fund Liquidity Facility with $10 billion in backing from the Treasury Department, the “turmoil subsided, conditions in short-term funding markets improved and access to credit increased.”

    The council received a closed-door briefing from the staff of the Securities and Exchange Commission on the comments it has collected on what reforms need to be pursued to make short-term funding markets more resilient at times of financial crisis.

    SEC Chairman Gary Gensler told the group during its open meeting that he has directed SEC staff to prepare recommendations that can be voted on by the five-member SEC. Yellen said she fully supported the efforts by the SEC to reform the current system.

    Council members also expressed concern that the global financial system is not moving quickly enough to prepare for the transition away from LIBOR, the London interbank offered rate, which has been the interest rate benchmark for trillions of dollars in financial contracts.

    Associate Press report….
    Yes we need more reforms because the present system ain’t working…what ever it takes…bro, NIRP

    • Fix one problem and another one emerges. The financial system is close to a “house of cards.”

      • Dennis L. says:

        Agreed, highly political. Cyber currencies may be a way around this with much push back from established players. Financial players are not the richest, the richest are in ideas and now manufacturing cars and space ships. Amazon is an information machine with USPS/UPS as partners.

        The transition will be a challenge, but mankind has faced that throughout history and so far so good.

        There is a old story about a young boy who sees his pony poop and cover a bird. He is seen digging through the poop and asked, “Why are you playing in poop?” Answer: “somewhere in here is a very beautiful bird and it is going to be mine. ”

        Dennis L.

        • And the bird has suffocated to death in the poop. Your point?

          • Dennis L. says:

            One does not know unless one uncovers the bird. Sometimes one has to put up with a certain amount of poop to find the gem. It would not be someone who needed a safe zone most likely.

            Dennis L.

            • At most you will find a barely alive bird full of shit. Which you will have to clean. In most cases you will find a dead bird full of shit.

              Financial players can make and break a company overnight. Facebook would not have been possible without help from Goldman Sachs.

              And I don’t think Elon Musk can ignore a call from a BlackRock high executive.

              Established Players won’t let a system crumble before they make sure they have a strong stake on it.

  3. Harry McGibbs says:

    “Why the internet is just one domino away from collapse… After large swathes of the internet went down last week, experts warn that even larger outages could be on the horizon…

    ““We tend to forget that the fact that the internet works on a day-to-day basis is close to a miracle,” says Corinne Cath-Speth, an anthropologist at the Oxford Internet Institute who studies how internet infrastructure exerts political power.”

    https://www.telegraph.co.uk/technology/2021/06/12/internet-just-one-domino-away-collapse/

    • Great point! The fact that the internet really works is closely tied in with the fact that the electrical grid really works. People thinking that they can prevent climate change keep trying to add intermittent electricity to the grid, handicapping the grid further and further. If the grid goes down, surely the internet goes down as well.

      • Dennis L. says:

        Gail,

        A guess: we are not looking at the whole, only the parts. Financially we also have vast sunk costs which will not pay off the computed future values due to obsolescence. I have posted a noted on EV, use of the grid at night, use of solar during the day, possible a gain for both parties.

        I have a post on Elon and manufacturing with a YouTube link, mind blowing in terms of social integration and also its effect on legacy manufacturing industries with notes on sunk costs and as of yet huge un amortized costs which are obsoleted by Elon’s pressing chassis.

        YouTube link:
        https://www.youtube.com/watch?v=bGdQKbchu0M

        There is a follow on video to which I linked who took apart the first two Tesla models, sent a note to Elon with about 200 defects in chassis design, Elon just did away with all the parts and robots that assemble them. It is relatively simple, but the metallurgy is key and seems to trace back to one man, a Tesla employee.

        Being an optimist, RE might well work, switching cars to electric may well be a key to that issue. EVs appear much cheaper to manufacture than traditional vehicles. Again, perhaps looking at the whole network is helpful.

        The social issue: the president of Ford sits down with his friend and president of AO Smith(traditional chassis manufacture) and tells him Ford will be casting their chassis from now on and will no longer need AO. This means a huge amount of sunk capital is scrap, this means a huge amount of knowledge is of historical interest only, this means a huge amount of worker intellectual and social capital is scrapped and it means many communities in which AO Smith is located lose their main way to maximize the power principle. Not trivial issues and not solvable with an infinite number of well intentioned votes.

        Dennis L.

        • I tend to agree with a lot of your points, but despite of your rosy predictions, things are not coming that easy. I am afraid mankind will just fall short of the goals, because of the failure to address the Third World.

      • Dennis L. says:

        Charge EV’s at night, improve return on capital in traditional electrical production, enhance with solar charging of EV during the day as doable with geography, win/win. No central batteries, millions of distributed one’s, no central point of failure.

        Climate is changing, what do we have to lose?

        A guess on the internet is it becoming more resilient, not less. I have been involved in computers since the S100 backplane (see “WarGames,” briefly had one of those), did early networking(nightmare). Stuff works better now not worse. First internet was over dial up modem, 300 baud, acoustic coupling to phone handset. Laughing, simple smart phone blows it away.

        EV are simpler, not more complex than IC. Move pollution control to a huge plant where space/weight is not an issue. Look at Elon, casting car bodies – absolutely incredible. Someone complained about his car bodies, he listened, changed the entire process.

        Huge part of grid is right away costs, towers, wire, transformers. All except right away can be replaced incrementally and recycled relatively easily. Need more capacity, hang a larger wire, increase voltage, make towers taller – much easier than hacking a virgin line.

        Dennis L.

        • At this point, the excess electricity tends to be unpredictable. It is often in the morning, say 7:00am to 8:00am. It is on weekends. It occurs in the spring and fall. It occurs when the wind is blowing and the sun is shining. The big energy shortage is a seasonal shortage. Practically no place on earth has enough energy (of all types combined) in the winter. If we are trying to make do with electric heat as well as electric transportation, we will have to deal with this issue.

          The idea that we have nuclear power plants or geothermal plants producing electricity that we don’t really need at night is really a thing of the past. To the extent that it still exists, it is a very local situation. These nuclear power plants are being driven out of business by the unfair pricing given to wind and solar. Geothermal only exists in a few areas. It also tends to be 24/7/365.

          • Dennis L. says:

            Don’t know about excess electricity currently.

            Per EIA, it looks to me there are roughly 100m kilowatt hours of variation night/day. 36 kwh/gallon of gasoline, 100m/36 is say three million gallons of gasoline saved per day. Usage of gasoline in US per day about 337m gallons/day so say saving 1% of gasoline usage.

            Nothing is going to be easy, have to find the positives where they can be found.

            Dennis L.

      • Erdles says:

        In the UK all inter-ISP and all inter-country internet traffic passes through a single building in London (well actually two which are next to each other). Take the buildings down and all internet traffic not within your own ISP will stop. For reference, I used to work in those buildings and installed the interconnection switches.

        • Harry McGibbs says:

          That is an alarming vulnerability, Erdles.

        • Dennis L. says:

          Pull the plug on the UK and what difference does that make to the world?

          Again, not an argument, a real question. How much of the world counts now? How much is real?

          A commenter made note that Goldman Sachs could influence Facebook. GS market cap is less than 1/6 of Facebook. In a fight it would seem FB would win by size alone.

          Seems to me all London does is shuffle paper(well bits) and have the Royals doendless silly things to keep the tabloids in business.

          Lose parts of China, now there are serious problems, real stuff stops flowing.

          Dennis L.

      • Mike Roberts says:

        Do people actually think they can “prevent climate change”? What many people would like to see is humans minimising their impact on climate change, to hopefully slow it to something closer to a rate that most species can adapt to.

  4. Harry McGibbs says:

    “How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy… if we see demand of 100 million barrels a day return, that feels very ominous to me,” he said, adding that it’s unclear if U.S. producers will struggle to ramp up production.

    ““What if all the best shale, in aggregate, has been drilled already?” Steve Repoff, portfolio manager at GW&K Investment told MarketWatch, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.

    ““When applied to the broader economy, it’s effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,” Repoff said of booming oil prices.”

    https://www.marketwatch.com/story/how-oil-soaring-to-100-a-barrel-could-be-bad-for-this-boom-bust-sector-and-the-economy-11623439741?mod=newsviewer_click

    • Harry McGibbs says:

      “…the rate of inflation is still being flattered by the relatively modest increase in energy prices, masking the impact of faster increases in food products and other commodities.

      “If energy prices rise further in the second half of 2021 and into 2022, as the expansion matures, inflation could prove more persistent than anticipated by officials at the Federal Reserve.”

      https://www.google.co.uk/amp/s/mobile.reuters.com/article/amp/idUSL5N2NT3NF

      • The relatively modest rise in energy prices is masking the greater increase everywhere else. But without energy, we don’t get everything else. We really need more energy, but that is not possible without much higher energy prices.

      • Sam says:

        Where I live gasoline is $3 dollars a gallon….when we get to anything like 3.5 or higher then things start to pop….

        • Or before!

          • Dennis L. says:

            EV using existing support structure, charge at night, charge from solar, dual use storage of energy in batteries.

            Simple math question/problem. Take average number and doable number of miles driven possible with EV, compute gallons per mile required and switch to coal/solar. Do the numbers work? A guess is yes and politically, legacy oil companies are being asked to change to RE. Coincidence?

            Dennis L.

            • I think you are kidding yourself about EV using existing support structure.

              Rich people of the world (those of us with garages to house the vehicles we own) can indeed use the electricity delivered to our home to charge our vehicles (assuming our homes have electricity). But if you start asking all of the poor apartment dwellers of the world to charge their vehicles, we need electricity delivered to other locations. People need to have something to do while they are waiting for their vehicles to charge. I understand that Elon Musk plans to add food service at some of his, so that people can sit around and eat while waiting for the vehicles to charge.

              We have already seen in California and Texas how unreliable the electric grid can be, especially when people think that they can make intermittent renewables play a major role. (Recent headlines on the WSJ told of more expected outages this summer/fall in California.) What do you want auto owners to do when the electricity is out for several days at a time? This is likely to happen more and more in the future.

        • Erdles says:

          Where I live its already $9/gallon

          • Sam says:

            Yikes! I bet you don’t have very many houses on wheels like we do here! They call them recreational vehicles but they are bigger than my stationary house!!

  5. Mirror on the wall says:

    The G7 meeting has turned into a massive bust up today up about the refusal of the Tories to implement the NI Protocol to which they signed up in international law.

    EU leaders are now arrayed in condemnation of Boris’ incalcitrant lawlessness. He remains resolutely defiant, and the EU and the Tories are now posed for a major confrontation over the course of the year – which is only going to end one way.

    The Tories have already signed up in international law to the mechanisms of their own punishments, which are liable to be gradually rolled out with increasing effect – up to across-the-board trade tariffs and quotas on all UK goods bound for the EU.

    > Merkel and Macron urge UK to implement Northern Ireland protocol

    EU leaders made a concerted assault on Boris Johnson in the standoff over the Northern Ireland protocol on Saturday, with the French president, Emmanuel Macron, warning him the [Tories] must “honour their word”. Macron and the German chancellor, Angela Merkel, used bilateral meetings with Johnson on the sidelines of the G7 summit in Cornwall to press home the need to implement the protocol in full.

    The Élysée Palace said the French president had stressed the common values between the two countries and the prospects for a “reset” in the relationship. But it added that Macron had “strongly emphasised that this re-engagement required the [Tories] to honour their word to the Europeans and the framework defined by the Brexit agreements”.

    Downing Street said the protocol had also come up in separate meetings with the German chancellor, Angela Merkel, and the two EU presidents, Ursula von der Leyen of the European Commission and Charles Michel of the European Council, suggesting a concerted effort by the EU side to resolve the issue.

    An EU official said Von der Leyen and Michel had impressed on the prime minister the EU’s unanimity on the issue, and urged him to tone down the rhetoric over the issue.

    …. Boris Johnson has repeated his threat to unilaterally suspend the Northern Ireland protocol, as a war of words with EU leaders over Brexit risked overshadowing the G7 summit in Cornwall.

    “I think we can sort it out, but it is up to our EU friends and partners to understand that we will do whatever it takes,” he said. “If the protocol continues to be applied in this way, then we will obviously not hesitate to invoke article 16, as I have said before”.

    https://www.theguardian.com/politics/2021/jun/12/uk-must-honour-its-word-over-brexit-says-emmanuel-macron

    • Mirror on the wall says:

      The EU commission is minded to take a gradual approach over the course of the year to sanctions against the Tories. The Tories want to frame their refusal to implement the NIP, to which they signed up in international law, as ridiculous ‘sausage wars’, and to invoke rioting in NI over the ‘marching season’ in July; the Tories are in open contact with illegal paramilitaries there. The EU is minded to side step Tory nonsense and to maintain a sensible course of events and narrative. Biden and EU have already rebuked Tories for inflaming rhetoric. It is sad to see the Tories pursuing their old ways – but the entire world is watching closely this time.

      > EU to take ‘measured response’ on protocol moves by UK

      The European Union will take a measured response to any further unilateral moves by the UK to delay implementation of the Northern Ireland Protocol, with senior officials signalling a staggered approach to legal action and arbitration, RTÉ News understands.

      This would be to avoid falling into what diplomats fear would be the “trap” of escalating tensions around the protocol as the loyalist marching season in Northern Ireland approaches its peak.

      It is understood Mr Šefčovič has told member states the commission is considering three measures, which could be staggered over time.

      The EU has already initiated infringement proceedings against the UK for unilaterally extending grace periods on food safety and animal health measures without consulting the European Commission. In March, the commission issued a “letter of formal notice”, the first step in legal action under the Withdrawal Agreement. The EU has largely rejected the UK’s response to the letter, and the next step – a “reasoned opinion” – could be issued shortly. It is understood that Mr Šefčovič has told member states that that legal track could end up in the European Court of Justice as early as September.

      The second approach would be to initiate arbitration proceedings through the Withdrawal Agreement, and a third would be to trigger retaliatory measures through the Trade and Cooperation Agreement (TCA), which covers the future relationship between the EU and UK.

      It is understood the EU regards this third option as the most serious. Diplomats suggest the EU will not immediately trigger that option if the UK unilaterally extends the grace period for chilled meats on 1 July. Instead, the commission is recommending that such action would be as a result of cumulative unilateral action by the UK, and a failure to implement the protocol, over time.

      “The EU doesn’t want to get sucked into the stupid sausage war type narrative, where we would be seen to be coming heavy because of things like chilled meat, sausages etc.”

      https://www.rte.ie/news/brexit/2021/0611/1227520-brexit-legal-options/

    • Mirror on the wall says:

      Boris’ photo op goes wrong as he tries to control the narrative at the G7.

      https://pbs.twimg.com/media/E3qlKGIWQAMBz7j?format=jpg&name=large

  6. Fast Eddy says:

    Here’s an amusing thought for the MOREONS of the World (and OFW) who reject the existence of The Elders.

    Consider this —- England at one point reigned off the largest land empire in history. They lorded it over around what are now 50 countries… and over a billion people….

    This was a colossal enterprise… with many thousands of Brits running the show….

    Who ultimately made the decisions though? Aha… a king. Or a queen. And a coterie of advisors.

    Yup – the monarch was the CEO … and the advisors were his/her board.

    And tens if not hundreds of thousands of minions from India to Canada to New Zealand… DID WHAT THEY WERE TOLD.

    But hang the f789 on …. we are told the Elders would not be able to orchestrate the operation of an empire… we are told it is impossible for a small group of men/women to be able to do such a thing!

    Yet… AND YET…. a Monarch living in a palace .. in London … was able to run nearly have the planet….

    There you go bone heads…. there’s your answer… you are brain dead donkeys…

    And Fast Eddy is the God of Logic…. you clowns should pay me by the letter … you should bow down and kiss the feet…

    Bow down to the Almighty Fast Eddy.

    • Tim Groves says:

      You are quite correct, Fast Eddy, and I’m fully prepared to bow to your shoulders, but don’t expect me to curtsy in these jeans.

      Like corporations, empires sometimes collapse. At other times they engage in merger & acquisition, and occasionally they re-brand themselves. The shareholders can also dissolve them and use the capital and other assets to form new entities.

      What we seem to have now is a large shadow empire that has colonized much of the world. The top echelon don’t advertise their existence because anonymity is the ultimate security. They also learned from the days of the Spanish, Portuguese, French, Dutch, Japanese and British empires that the colonials hate being ruled by foreigners. So they graciously allow vassal countries the illusion of having home rule. This is how we got Justin, Boris, Jacinda, Emmanuel, Angela, and co. Give them the formal trappings of sovereignty and the natives are pacified. But whatever you do, don’t mention the Elders!

      • Xabier says:

        Quite right. the Ottoman Turks also liked to rule through complicit local rulers, chosen by them, as to rule directly would have invited national rebellion.

        Pretty smart.

        We are now in much the same situation.

        The vassal leaders chosen by the Elders/Planners put ’emergency legislation’ to elected parliaments, who obediently vote it through, and national bureaucracies do the rest .

        Meanwhile, Lord Rothschild checks that all is going to plan, and then sits down to tea in his craftsman-built eco-cottage – because, you know, he does care about the planet, and he does love the simple life…..

      • Fast Eddy says:

        it’s time once again for …..

        The Protocols Of Zion

        Published 1903

        A one page summary

        * Place our agents and helpers everywhere
        * Take control of the media and use it in propaganda for our plans
        * Start fights between different races, classes and religions
        * Use bribery, threats and blackmail to get our way
        * Use Freemasonic Lodges to attract potential public officials
        * Appeal to successful people’s egos
        * Appoint puppet leaders who can be controlled by blackmail
        * Abolish all rights and freedoms, except the right of force by us
        * Sacrifice people (including Jews sometimes) when necessary
        * Eliminate religion; replace it with science and materialism
        * Control the education system to spread deception and destroy intellect
        * Rewrite history to our benefit
        * Create entertaining distractions
        * Corrupt minds with filth and perversion
        * Keep the masses in poverty and perpetual labor
        * Take possession of all wealth, property and (especially) gold
        * Use gold to manipulate the markets, cause depressions etc.
        * Introduce a progressive tax on wealth
        * Replace sound investment with speculation
        * Make long-term interest-bearing loans to governments
        * Give bad advice to governments and everyone else

        Followed by….

        “I care not what puppet is placed on the throne of England to rule the Empire, … The man that controls Britain’s money supply controls the British Empire. And I control the money supply.” Nathan Rothschild

        “Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. … Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.” — Mackenzie King, Canadian Prime Minister 1935-1948.

        “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” – Woodrow Wilson, after signing the Federal Reserve into existence

        “Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.” ― Woodrow Wilson

        “The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.” – Edward Bernays – Propaganda

    • Erdles says:

      Much of the empire was run by corporations such as the East India company who basically ran India with an army and navy bigger then England’s. Wellington had an army of 50,000 at Waterloo whilst the Indian army numbered 250,000. The idea that they took instructions from the king is silly.

      • for the last 300 years one half of the world has been engaged in looting the other half

        the actual material is largely irrelevant

        as one resource becomes exhausted, another one takes its place as the planet itself is ripped apart in the rush to turn it into cash.

        And we are all complicit in what is happening and will collectively face the consequences of our actions

        while the deniers scream ‘hoax’

      • Fast Eddy says:

        Surely you are aware that the East India Company trading monopolies were granted by…. the Monarch…

        Queen Elizabeth I of England grants a formal charter to the London merchants trading to the East Indies, hoping to break the Dutch monopoly of the spice trade. https://www.history.com/this-day-in-history/charter-granted-to-the-east-india-company

        Many markets are limited by laws and customs enforced by political and religious authorities. North,
        Wallis, and Weingast (2009) argue that the transition from limited access requires a series of steps
        like rule of law for elites and the creation of perpetually lived organizations. This paper studies how
        these steps were taken in England in the case of the East Indian market.

        The East India Company had a legal monopoly over all trade between England and modern day India and China, but its privileges and property were far from secure. The king and parliament authorized interlopers to enter the Company’s market and forced the Company to make loans to retain its monopoly. A secure monopoly only emerged in the mid-eighteenth century when political stability and fiscal capacity increased. However, liberalization of the market had to wait several more decades. A fiscal and political partnership between the government and the Company kept its monopoly stable until a confluence of events in 1813 brought it to an end.

        https://www.nber.org/system/files/working_papers/w21536/w21536.pdf

        I will assume you have never been involved in any form of business activity….

        And this is where most people struggle… in Hong Kong there is a place called the Hong Kong Club… it’s not my kind of thing (not a club type of guy) but I have been there with members for lunch a few times…

        I was told once that if you are a regular — you will see many of the well-known business honchos in there… often drinking quite heavily…. these are the ‘taipans’… who are the heads of conglomerates… or at least very sizable companies with many thousands of employees…. the buck still stops with them but they delegate so they can drink …. their senior managers are paid very well … to do all the work.. and if they get out of line… they are replaced…

        Anyway… around 2008 I (and a few other guys with smaller positions) invested in a business that distributed air purifiers in China (call it the China Company)…. It was primarily a passive investment but at the end of the day I had a controlling interest… the MD of the business had a free hand in running it… (my primary interest was in receiving dividends to spent on hookers and blow)…

        At one point he said let’s make the machines instead of distributing…. so we made the machines…. well … HE made the machines… I had zero to do with that…. (this is what is known as delegating)

        So long as the hookers and blow flowed in … I was ok with him making the machines…. and the hookers and blow flowed in …. but then many others got the same idea… and margins were challenged… he wanted to continue to expand the business…

        But I pulled myself away from the hookers and blow — called the other guys involved — and we decided it was time to sell the business… so I called the MD of the China Company and said — we prefer to sell while we still have a reasonably valuable asset… one of these competitors will surely be interested to buy it.

        The MD of the China Company did exactly as The King and his board of advisors asked… and he sold the China Company.

        And we all have quite a bit of blow and plenty of hookers and we lived happily ever after.

  7. Fast Eddy says:

    Why are delegates to the covid conference exempting from quarantine?

    Might I suggest the conference is about getting together to discuss the progress of the CEP… perhaps they are gathering at an Emergency Meeting to try to determine why Devil Covid is not happening?

    https://twitter.com/i/status/1402893591094177796

  8. A draconian police state is inevitable, with police and paramilitary forces killing the plebs at will.

    When resources become scarce, those lower in the pecking order will die.

    To avoid getting killed, protection will be bought by those who can pay, say $10,000/person per year. Those who wear it won’t be killed outright.

  9. Fast Eddy says:

    “Covid-19 pandemic: Chile capital locks down despite mass vaccination” – Rising Covid cases in Santiago have sparked a lockdown, the BBC reports, despite 60% of the country being fully vaccinated

    https://www.bbc.com/news/world-latin-america-57436861

    hahahahahahaha CovIDIOTS RULE!!!!

  10. Harry McGibbs says:

    “Rise in Turkish food prices sparks fears of shortages.

    “With its food inflation already above 17%, crisis-hit Turkey is bracing for further increases in food prices amid looming declines in key crops due to drought, coming atop already serious problems in the agricultural sector and the country’s unremitting currency woes.”

    https://www.al-monitor.com/originals/2021/06/rise-turkish-food-prices-sparks-fears-shortages

  11. Harry McGibbs says:

    “Steel’s massive rally is hitting all parts of the global economy…

    “Demand is so frenzied that US mills have stopped taking orders from customers… In a global economy already shaken by supply shortages and inflation worries, the mills’ moves may signal more delivery snags and even higher prices for a commodity key to a wide swath of industries.”

    https://www.businesstimes.com.sg/wealth-investing/steels-massive-rally-is-hitting-all-parts-of-the-global-economy

    • Harry McGibbs says:

      “Tin prices rose to their highest in more than a decade on Friday as expectations of severe shortages due to supply and shipping disruptions created by COVID-19 restrictions fuelled another speculative buying frenzy.”

      https://www.reuters.com/article/global-metals/metals-tins-ascent-to-decade-highs-fuelled-by-supply-angst-idUSL2N2NT0HH

    • What a mess!

      • Sam says:

        I think unemployment benefits will end in a couple more months….what happens then? Piped gas has been going up 50% and gasoline is going up 50%per year based on CPI for urban consumers…..

        If you were in a cold climate, bought a used car or clothes and took a vacation…you felt inflation….yellowstone and all national parks haves seen record traffic, I was in moab a couple of months ago and they saw record traffic…..people are driving which I think will drive up oil some more…

        Consumers are putting off purchases of expensive goods and services…ie….housing, appliances, and autos….when this inflationary trend reverses it will be like trying to catch a falling knife! I don’t think the FED will have the ammo to stop it this time….!!

  12. VFatalis says:

    I don’t know if someone already posted this, but here’s an excellent interview of Peter Mc Cullough, cardioiogist. From the beginning of the outbreak until our present time (interview was done 2 weeks ago) he gives very good insights and raise a lot of legitimate questions. Highly recommended and well worth your time despite the length: https://odysee.com/@NoNewAbnormal:4/John-Leake-Dr.-Peter-McCullough-Interview

    • Student says:

      Thank you. I would like to let you know that in Italy a famous countercurrent journalist made a very interesting video about various prohibited medical treatments for Covid-19.
      The video has been recently dubbed in French.
      You can watch it here.
      It is very interesting and well done. I warmly suggest it.

      https://odysee.com/@cterrass:1/covid_le-cure-proibite-75:9

      • VFatalis says:

        That was a good watch, thanks for the link. Since it was done by Massimo Mazzucco who also did “American Moon” and the “New Pearl Harbor”, I knew I wouldn’t be disappointed.
        But how did you know that my native language is french ?

  13. davidinamonthorayearoradecade says:

    I’ve been obsessing about the Georgia Guidestones: Maintain humanity under 500,000,000 in perpetual balance with nature.
    Guide reproduction wisely—improving fitness and diversity.
    Unite humanity with a living new language.
    Rule passion—faith—tradition—and all things with tempered reason.
    Protect people and nations with fair laws and just courts.
    Let all nations rule internally resolving external disputes in a world court.
    Avoid petty laws and useless officials.
    Balance personal rights with social duties.
    Prize truth—beauty—love—seeking harmony with the infinite.
    Be not a cancer on the Earth—Leave room for nature—Leave room for nature.

    • davidinamonthorayearoradecade says:

      those 10 guides are trite, naive and platitudinous. I said before that for the persons responsible, this is a great embarrrrassssment. I wonder if they spent millions+ $ to create this. Also, I suppose it’s possible that one or more of them might still be alive. It’s even possible that they would be the type of person to read something like OFW. Too late to redo them. Reading the text, I now see why these stones are not more famous worldwide.

      • infoshark says:

        You presume the message if for current humanity. It could equally be placed with great foresight for the rebirth of humanity following its immanent collapse. Paper is sufficient for now. Stone monoliths are meant to last millennia.
        It is interesting that the world of the Guidestone’s erection upto our current moment could be described by 10 points corresponding to direct antitheses to those on the Guidestones. Perhaps the builders had a world historic dialectical perspective and understood that in the contingent world of dimensional existence every thesis contains within itself its endogenous antithesis. For a new world to be born the old world must perish. There is infinite hope, but not for us.

        • davidinamonthorayearoradecade says:

          you presume that human nature can change to where these lafffable guides will be practically implemented.

      • Tim Groves says:

        These ten guides sound like a kitschy version of the Ten Commandments. They would have benefitted from a few “Thou shalt not”s.

        Let’s compare these guides with the Buddhist precepts (Brahmajāla Sūtra version).

        Not to kill or encourage others to kill.
        Not to steal or encourage others to steal.
        Not to engage in licentious acts or encourage others to do so. A monk is expected to abstain from sexual conduct entirely.
        Not to use false words and speech, or encourage others to do so.
        Not to trade or sell alcoholic beverages or encourage others to do so.
        Not to broadcast the misdeeds or faults of the Buddhist assembly, nor encourage others to do so.
        Not to praise oneself and speak ill of others, or encourage others to do so.
        Not to be stingy, or encourage others to do so.
        Not to harbor anger or encourage others to be angry.
        Not to speak ill of the Buddha, the Dharma or the Sangha (lit. the Triple Jewel)) or encourage others to do so.

        I think the Buddhist ones, if they were followed by the majority, have a better chance of leading to a better world. Don’t be stingy—I reckon the advertising industry could run with that one.

        • DB says:

          Thank you, Tim. Quite a bit of overlap with the Ten Commandments. By and large, good advice to live by.

    • postkey says:

      “Joe Neubarth
      The Rich Republicans erected the Georgia Guidestones in 1980. They collected money from other Rich Republicans for their “MONUMENT TO DEATH!” from 1977 on. My father was solicited to donate in a meeting in Carlsbad, California. He refused to, after having read the pamphlet the Republicans passed out as he entered the meeting. The Pamphlet called for “the removal” of people in Southern Asia, Africa, and Latin America because the planet was already TOO CROWDED.
      Dad, married to a woman of color, got up and walked out but did not return the pamphlet. I read the pamphlet when visiting with my father in late 1977 or early 1978. I found it in his study and read it and then asked Dad about it. He confirmed that it was from a Republican Meeting that called for a monument to reducing Global Population.
      Dad never returned the pamphlet and was subsequently murdered. The Pamphlet and other papers in his study disappeared. I have no doubt whatsoever what group of people were behind all of that.”
      https://www.facebook.com/JoseBarbaNueva/posts/10224600278891933

      • Ironically they were correct and Jose’s dad was wrong. His propensity to miscegenate costed his life

        When Jews returned from Persia to rebuild their temple, they went through their ranks and removed people descended from non-Jewish women.

      • Bei Dawei says:

        Seems legit…

      • davidinamonthorayearoradecade says:

        thanks for that possibly true background info. Though the 10 guides don’t seem to be much of a match with that era of Rich Republican thought.

      • Tim Groves says:

        Somebody posted something of Joe’s on Surplus Energy Economics last month. He’s still warning us against Republicans.

        The coming New World Order will be the Rich People who can afford underground shelters. I have toured many of their shelters and they seem to be getting their act together. Initially, they were doing stupid things like not providing a reliable source of water.

        I believe those who survive will be less that 4% of the present Global Population. The other 96% will die in the coming Heat Waves and Storms and Violent Riots and Periods of Starvation.

        World Governments are not doing anything to forestall this. they all seem to be eager as Trump is to see massive Global Population Reduction in accordance with the mandates on the Georgia Guidestones.

        The way of man is to pretend that it’s not coming to an END, but it is for most of us.

        Hopefully, I will die of old age before it all goes to Hell. For those who are younger than me, I suggest you build those underground shelters and make certain you have plenty of water and food to survive for months underground. You want to be underground when everybody is rioting and killing for food. It will not be wise to be above ground when people are doing that.

        Remember, once the Republicans set off the Nuclear Bombs in the Volcano Cones to to create the Nuclear Volcanic Winter you can come up and claim a beautiful house for your family. Wait a few days until you start seeing the Tremendous cooling. You will know when you see the snow falling and falling and falling. You do not want to be snowed in underground, so Move to high ground. There will be millions of vacant houses.

        As previously stated, if I am still alive, I will move into a house in La Jolla so I can look out over the ocean and dream of those great days when I was traveling the world as a sailor and an officer.

        https://surplusenergyeconomics.wordpress.com/2021/05/22/200-other-roads-part-one/

        • Fast Eddy says:

          Wow… this guy is deeply Delusional… he’s in a world of his own.

          • Xabier says:

            He started a bit early on the coke, I’d say, FE…….

            • Fast Eddy says:

              I bet his mother was a meth addict turning tricks in an underground car park in an slum…

              It’s a difficult to overcome a disadvantage of that scale…

  14. Fast Eddy says:

    CovIDIOCY Update

    As Drug Makers Set Sights on Vaccinating 5-Year-Olds, Latest VAERS Data Show Number of Injuries, Deaths Continues to Climb

    VAERS data released today showed 329,021 reports of adverse events following COVID vaccines, including 5,888 deaths and 28,441 serious injuries between Dec. 14, 2020 and June 4, 2021.

    https://childrenshealthdefense.org/wp-content/uploads/vaers-vaccine-injury-june-11.jpg

    https://childrenshealthdefense.org/defender/tucker-carlson-healthy-young-people-covid-vaccine

    And Big Pharma cannot be sued…. hahahahahahahaha… fantastic!!!

    • Azure Kingfisher says:

      COVID-19 “vaccine” joke of the day:

      Patient asks while getting injected: “Does it provide immunity?”

      Nurse replies: “Only for the manufacturer.”

      • Lastcall says:

        I propose a new word to cover this entire sham; from the funding, the release and the injection rollout around the corona event.

        ‘Fraudci’

  15. Fast Eddy says:

    I find this very odd… https://toronto.ctvnews.ca/ontario-reports-over-500-new-covid-19-cases-for-second-day-straight-1.5466351

    https://toronto.ctvnews.ca/ontario-enters-into-step-1-of-covid-19-reopening-your-top-questions-answered-1.5466150

    It’s as if your home was on fire… the fire boys come… put out half the fire… they leave…

    If you are going to lockdown you obviously need to remain locked down … until the virus disappears… (and it won’t be defeated by the Injections…) Otherwise why bother to lock down at all?

    Sweden is the obvious answer… Focused Protection.

    Is there a gambling site where one can be that Toronto reverts to a strict lockdown?

    • Xabier says:

      Random restrictions, imposed suddenly then relaxed, possibly work better to condition people, normalise the state of being locked-down, and put them off balance.

      It’s also sadistic fun: they are the cats, we are the hypnotised mice being played with…..

  16. The WSJ has a new video:
    https://www.wsj.com/video/why-bidens-infrastructure-plan-calls-for-highway-teardowns/87C777B1-AFEF-4010-8895-347A0B79BEE7.html

    Why Biden’s Infrastructure Plan Calls for Highway Teardowns

    President Biden’s infrastructure plan calls for non-traditional projects like the removal of some highways. What Democrats want for cities like Baltimore says a lot about the President’s goals in the next wave of development.

    The plan is to take out big interstate highways that cut through minority neighborhoods in many cities. This will make it more difficult for commuters to travel to the central city. I expect jobs will leave the central city. The minority citizens will be closer to each other. I expect “food deserts” (areas without grocery stores) will be as much a problem as before.

    I suppose this plan goes with less oil consumption per capita.

    • No. If anything, it will concentrate people who have the potential to earn incomes into the city, with Hong Kong style rent and living conditions.

      • Duncan Idaho says:

        Bingo!
        SF took out the freeway in the city.
        It is the richest city per capita on Earth.
        Major highways are impediments to wealth and good living standards.
        Of course, if you need one to drive to the fast food in the F250 for donuts and beer, they may have some function.
        But most of us don’t live in the South.

        • San Francisco also has among the highest rents and a big problem with homelessness. Does that go with not having a major interstate into the city?

          It seems like SF lost quite a few residents in 2020. They wanted to move to where the living costs were cheaper. Do you expect them to come back?

          • Those who can telecommute will.

            Its rent and real estate prices will rise forever.

            I don’t think the city’s powerfuls care about those who left coming back

            After all, like Bombay, they can bus firefighters, teachers, etc 3 hrs plus one way.

          • Sam says:

            I wonder if this telecommute is going to work in the future…..if we go into a recession and companies need to cut back those might be the first jobs that are gone. then those people that have moved out will be migrating their poverty and lack of real world skills.

      • Xabier says:

        It discourages or prevents commuting, and starts the process of either concentrating population into a ‘Smart’ city, or even closing down the city altogether. Clearly a Great Re-Set policy.

        The Mayor of London, the little foreign creep Sadiq Khan, is also following the WEF agenda, in discouraging movement by private car or taxi around the greater London area with many road closures.

        Basically atomisation and control. He calls it making your local area ‘like a village’…..

        It is also destroying many small businesses – what a surprise! And has trebled pollution by causing huge traffic congestion on the remaining permitted routes.

        Sadiq is blaming the high pollution on wood fires. Why? Wood fires cannot be 5G-controlled and monitored, unlike the proposed new heating systems.

        • Tim Groves says:

          the little foreign creep Sadiq Khan

          He was born and raised in Tooting, which could I suppose be described by North, East and West Londoners as foreign as it is well south of the river.

          On second thoughts, London could fairly be described by the English these days as a foreign city.I believe John Cleese called it such and was slagged off for his trouble.

          • Xabier says:

            Quite so, I regard it all as foreign these days: England – even Britain – it is no longer.

            Therefore, born in London as he might be, Sadiq is a foreigner in my book.

            And a vile one.

            I feel better after writing that, I’ll just wipe away the flecks from the foaming rage which overcomes me when I so much as think of him……..

            • England has always been a nation of foreigners

              they just have different coloured faces these days

              not saying this is a good or bad thing—just saying it like it is

    • Student says:

      Wow, that’s incredibly meaningful and fitting related to your explanations

  17. Mirror on the wall says:

    Does anyone know what Boris is going on about? How can a ‘build back’ be both ‘gender neutral’ and ‘feminine’? He seems to be moral posturing with whatever terms seem to be current. He would seem to need more concrete plans if wealth inequality is not to widen. Presumably ‘green’ policies will increase poverty. It is one thing to posture as morally upright, and another to deliver economic growth and (upward) social mobility.

    > Boris Johnson urges the world to be ‘more gender neutral, feminine and green’ as it starts to re-build after Covid in bizarre opening remarks at G7 summit in Cornwall

    Boris Johnson today urged G7 leaders to aim for a more ‘feminine’ and ‘gender neutral’ recovery from coronavirus in a bizarre opening speech. Officially kicking off the summit in Carbis Bay, the PM appealed for them to ‘level up’ and not repeat the mistakes of the aftermath of the credit crunch when ‘inequality’ increased. But he sparked bewilderment as he expanded on his vision for the qualities the world should be encouraging following the havoc wreaked by the devastating disease. As the leaders – including US president Joe Biden – sat around a table before the first session, Mr Johnson told them they need to ‘build back better’. ‘Building back greener and building back fairer and building back more equal and, how shall I, in a more gender neutral and, perhaps a more feminine way.’

    https://www.dailymail.co.uk/news/article-9677047/Boris-Johnson-urges-G7-leaders-feminine.html

    • Harry McGibbs says:

      Empty soundbites from a moral vacuum trying to sound current. Plus Carrie has his ear.

      • until he’s out on his ear

      • Xabier says:

        The radical Left in Spain has used the same slogans as Boris for years: a new ‘Green, feminist, fairer’, society.

        He’s just added the WEF ‘Build back better’ topping to the cake of platitudes.

    • davidinamonthorayearoradecade says:

      perhaps his wife is very nice to him and he finds that he cannot say anything other than what is green and pleasing to her.

      • doomphd says:

        you mean, to keep those ‘very nices’ coming his way? at some point, it might just be to keep peace in the family.

    • I read the other day, an article about an organisation of nutters called Stonewall, wanting everything to be gender neutral:

      Mothers are to be known as ‘persons who give birth’

      Breast feeding is to be called ‘chest feeding’

    • Mirror on the wall says:

      I can see how the metaphor of ‘feminine’ can be applied to an approach to economics, with the characteristics traditionally ascribed to women, like nurturing, caring for all; and the metaphor of ‘masculine’ (surely still a virtue) meant traits like courage, risk, endurance, enterprise etc., which can also be applied to an approach to economics. But it seems hard to see how ‘gender neutral’, which abstracts from masculine and feminine traits, can itself function as a metaphor to generate virtues – it is ‘neutral’ by definition. Perhaps his ‘deep insight’ is that an approach to economic society needs to combine both sets of traditional traits (stunning insight?) – or maybe he just wants to install more mixed-sexed toilets in public buildings – it is hard to say from his scant development of his theme. He does seem to be vacuously virtue-signalling.

  18. MM says:

    For my fellow OFW’ers.
    Weekend musical proposal:

  19. Harry McGibbs says:

    “The crisis in the global shipping industry has been largely on the back of uneven post-Covid recoveries of the major importing and exporting countries, according to a report by Drip Capital…

    “”The shipping crisis is a consequence of the uneven post-Covid-19 economic recoveries of the world’s largest importing and exporting countries. The novel coronavirus has hit the world with multiple waves and new variants,” said the report.

    “However, the difference in the degree and level of its impact on each country meant everyone around the globe experienced lockdowns and the subsequent easing of restrictions at different points in time, it added.”

    https://www.business-standard.com/article/international/global-shipping-crisis-result-of-uneven-post-covid-recovery-of-countries-121061100423_1.html

    • Harry McGibbs says:

      “Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases…”

      https://www.maritimeprofessional.com/news/congestion-container-shipping-ports-southern-368345

      • The online WSJ has a lead story, Fresh Covid-19 Outbreaks in Asia Disrupt Global Shipping, Chip Supply Chain
        Outbreak at one of the world’s busiest ports leads to global shipping delays; infections in chip supply chain worsen global shortage

        An outbreak at one of the world’s busiest ports in southern China has led to global shipping delays, while infections at key points in the semiconductor supply chain in Taiwan and Malaysia are worsening a global chip shortage that has hindered production in the auto and technology industries.

        The new headaches add to inflation concerns, after China and the U.S. this week recorded their biggest annual jumps in factory-gate prices and consumer prices, respectively, in more than a decade. If such problems continue—and get worse—they could weigh on global growth.

        Regarding the large port in Southern China, it says:

        Some ships have had to wait up to two weeks to take on cargo at Yantian, with roughly 160,000 containers waiting to be loaded, according to brokers. The price of shipping a 40-foot container to the West Coast of the U.S. has jumped to $6,341, according to the Freightos Baltic Index—up 63% since the start of the year and more than three times the price a year earlier.

        Yantian handled nearly 50% more freight last year than the Port of Los Angeles—the busiest American container port—and in the first quarter of this year it saw container volume surge by 45% from a year earlier. Activity at the port, which handles more than 13 million containers a year, is now at 30% of normal levels and the delays could persist for several weeks, says Hua Joo Tan, a Singapore-based analyst at Liner Research Services.

        Regarding the chip problem, the article makes the point that the problem is in Malaysia as well as Taiwan. The factories that are open are operating at capacity, so cannot add more output.

        • Sam says:

          Oil just went over $71 and it’s not even July yet!

          • Prices of everything are rising. The US dollar has been falling, leading to higher oil priced in dollars. The price of oil has not risen as much in countries whose currency has risen relative to the dollar (EU, China, for example).

            • davidinamonthorayearoradecade says:

              good point that oil is rising because USD is falling. I wonder what % is because of falling USD? ………………………………………………………………………………. anyway, I hope it goes higher, 80 or 90, bring it on, since higher oil prices now means better supply in the years ahead. I like oil,

            • Sam says:

              High oil will crush the u.s conumer. As I understand it the U.S consumer is a large part of the economy. Oil consumption is going up and the dollar is falling. Not a good combination for the U.S. As an investor I would not look to a short term rise in oil as an investment in long term exploration as we know that the run will burn out by late October.

            • Hubbs says:

              I like the “Ker chunk “ theory. Short term prices will rise for a while due to stimulus checks and then suddenly when the consumer hits the wall, the economy takes a dive with a vicious negative feedback. Might there even be deflation? And lower gas prices? At this point, I don’t discount anything.

          • davidinamonthorayearoradecade says:

            “Oil just went over $71 and it’s not even July yet!” wooooooooooooooo! I hope it goes higher. 80s at least, 90s better, 100 would be great. Higher now means better supply in the next few years.

            • Sam says:

              I’m sorry David it is what it is…..high oil will

              cripple the economy– this inflation will be

              followed by deflation and then I am not sure

              what will come next. One has to look at history

              to see how the humans will react. We have not

              evolved in 2000 years from what I can tell.

            • davidinamonthorayearoradecade says:

              oil is only a few % of the economy. FF inflation will not cripple the economy. Overall sustained high inflation will eventually be cured by recession. Maybe 2021, at least 2022.

            • VFatalis says:

              A human brain represents only a few % of total body weight yet without it the rest can’t function

            • its not the amount of oil available

              its the amount of surplus energy available for us to use in that oil.

              If we pay more for our oil, there’s less money available for all the other frills and fancies of our so called civilised existence.

              If most of that existence is predicated on paying for the energy resource that sustains it, then our civilisation will collapse, at least in the sense that we know it.

              then we will revert to a ‘subsistence’ economy, instead of the ‘excess’ economy we see as our ‘normality’.

              And oil will become irrelevant, because we will have no means to use it, because we cannot sustain employment (at current levels) without converting one energy form into another.

              That conversion process involves burning fossil fuels.

  20. Harry McGibbs says:

    “Cong protests across Rajasthan [India] against fuel price hike, inflation…

    “Congress leaders and workers held symbolic protests outside petrol pumps and demanded the centre curb inflation.”

    https://www.deccanherald.com/national/west/cong-protests-across-rajasthan-against-fuel-price-hike-inflation-996354.html

    • Harry McGibbs says:

      “Sudan: Protests in Khartoum over price-spiking petrol subsidy removal.

      “Tyres burned in blockades along the streets of Khartoum Thursday in protest of the Sudanese government’s decision — in line with reforms to make the country eligible for an IMF debt relief initiative, to remove subsidies on petrol and diesel resulting in their respective prices more than doubling.”

      https://www.africanews.com/2021/06/11/sudan-protests-in-khartoum-over-price-spiking-petrol-subsidy-removal/

      • Harry McGibbs says:

        “Concerns grow that Lebanon fuel crisis is leading to ‘industrial and agricultural disaster’…

        “Gasoline stocks running out and factories closing next week.”

        https://www.arabnews.com/node/1874426/middle-east

        • We have a chance to get a preview of what may happen elsewhere, as well.

          • Minority Of One says:

            Yes, there and Venezuela. We don’t hear much about Iraq or Libya anymore either (states rescued by us), but I believe the common term used these days is ‘failed state’. A rather nice way of putting it if you happen to be one of the people living/suffering there.

          • Fast Eddy says:

            Why dont they just swap in solar panels?

      • When times are good, oil exporters often subsidize the local prices (in effect, collect less tax on their extraction). But when times are bad, the countries need to raise prices, creating a problem.

        Higher prices will reduce oil demand in Sudan.

    • Duncan Idaho says:

      When you spend less than 1% on health care during a pandemic, problems arise.
      (the numbers are higher, but everyone knows reality)
      Let’s be honest—
      Modi is not the brightest porch light on the block.

  21. Harry McGibbs says:

    “Oman’s youth unemployment problem is a harbinger for wider Gulf

    “Unrest in Oman is a harbinger for other Gulf petrostates that need to diversify their economies to create jobs for legions of young people.”

    https://www.aljazeera.com/economy/2021/6/11/omans-youth-unemployment-problem-is-a-harbinger-for-wider-gulf

    • Harry McGibbs says:

      “Russia raises key interest rate to 5.5% as it struggles to control inflation.

      “Russia’s central bank has raised its key interest rate by 50 basis points as Moscow struggles to tame inflation, which is running at its highest level for almost five years.”

      https://www.ft.com/content/c13da04f-b765-4e58-8435-d9cc27d491dc

      • If Russia raises its interest rate, the ruble will rise relative to the dollar. Russia will get more rubles for every barrel of oil it exports. Its exports (wheat, other food products) will also be more expensive to buyers. The buyers will have no choice but pay the higher prices, if they want to eat.

        The downside is that new investments, such as new stores or homes, will be harder to finance. Russia has very little governmental debt. A higher interest rate on that debt is no problem.

    • How is it possible to diversify an economy without much water? Practically all of the food must be imported. Finding goods to export becomes a problem.

  22. Harry McGibbs says:

    “Venezuela’s public sector surviving on ‘starvation salary’…

    “Johany Perez, a stretcher-bearer at a hospital in Caracas, earns a “starvation wage” of the minimum $2.20 a month in a Venezuela wracked by a severe economic crisis.”

    https://www.france24.com/en/live-news/20210611-venezuela-s-public-sector-surviving-on-starvation-salary

  23. NomadicBeer says:

    Gail,
    I followed up on one of your comments about the first world war.
    For example at the battle of Verdun, there was on average one french and one german soldier dying every minute for 8 months.
    In all that time, none of the remaining soldiers dared to question why they were there or rebel.

    Similarly, there is the famous story of one of the concentration camps where, during Christmas, there were only 5 guards on duty. The inmates policed themselves.

    I hate the oligarchs and the system they maintain because they treat humans like cattle.
    But I realize now that (like Kulm says) this is the right thing – people are like cattle. They can stampede on their own or you can control them on the way to the abattoir. If you control them, not everything is destroyed.

    So I think unironically that we live in the best of all possible worlds. Yes, there is increased authoritarianism and there are unfortunate deaths, but we are allowed some choices and we have food on the table.

    I don’t know what the future holds, but I am impressed with the level of control the rich have. Collapse is under control, people are under control and for now the level of acceptable deaths is not too high.

    So I will try to enjoy the summer and ignore both the leaders and the lemmings for as long as I am allowed.

    • The fundamental difference is they were all Europeans. And, at Verdun, if one was accused for ‘cowardice’, one was simply executed or was given a one way charge, as described in the book ‘A Very Long Engagement”.

      Asians, Africans and South Americans would have behaved very differently in such conditions.

      • Herbie Ficklestein says:

        Best movie
        Paths of Glory is a 1957 American anti-war film[4] co-written and directed by Stanley Kubrick, based on the novel of the same name by Humphrey Cobb.[5] Set during World War I, the film stars Kirk Douglas as Colonel Dax, the commanding officer of French soldiers who refuse to continue a suicidal attack, after which Dax attempts to defend them against charges of cowardice in a court-martial.

        Paths of Glory
        Paths of Glory (1957 poster).jpg
        Theatrical release poster
        Directed by
        Stanley Kubrick
        Produced by
        James B. Harris
        Screenplay by
        Stanley Kubrick
        Calder Willingham
        Jim Thompson
        Based on
        Paths of Glory
        by Humphrey Cobb
        Starring
        Kirk Douglas
        Ralph Meeker
        Adolphe Menjou
        George Macready
        Wayne Morris
        Richard Anderson
        Bryna Productions
        Harris-Kubrick Pictures

        United Artists
        Release date
        December 25, 1957
        The film was co-produced through Kirk Douglas’ film production company, Bryna Productions, and a joint venture between Stanley Kubrick and James B. Harris, Harris-Kubrick Pictures.[6][7][8] In 1992, the film was deemed “culturally, historically or aesthetically significant” by the Library of Congress and selected for preservation in the United States National Film Register

        Was not allow to be shown in France for many years

    • Self-organizing systems behave very strangely.

    • davidinamonthorayearoradecade says:

      some pearls there “So I think unironically that we live in the best of all possible worlds. Yes, there is increased authoritarianism and there are unfortunate deaths, but we are allowed some choices and we have food on the table.” ……………………………………………………………………………. “Collapse is under control, people are under control and for now the level of acceptable deaths is not too high.” ………………………………………………………………………………………………… yes, why “collapse now and avoid the rush” when bAU is ongoing? Gotta dance while the music is playing.

    • Thierry says:

      “But I realize now that (like Kulm says) this is the right thing – people are like cattle. They can stampede on their own or you can control them on the way to the abattoir. If you control them, not everything is destroyed.

      So I think unironically that we live in the best of all possible worlds. Yes, there is increased authoritarianism and there are unfortunate deaths, but we are allowed some choices and we have food on the table.”

      Wow! Can’t believe what you say. The Elders have made an amazing work, and you fell right in their trap!
      Do you only realize that if you think, and really mean it, this is only because they wanted it. We have been conditioned and brainwashed since we were children! Not surprising we are now fatalist. How many movies, series, books, did you watch or read about as post-apocalyptic world? Count them please. We have already talked here about predictive programming. How does it work? The concept is: desensitization.
      From Wikipedia : “In psychology, desensitization is a treatment or process that diminishes emotional responsiveness to a negative, aversive or positive stimulus after repeated exposure to it.”
      So you have seen so many horrors on TV that now you think, well, this is not so bad, after all.
      Crazy. And wailing.

      I have said before that I believe a shit plan is better than no plan. That doesn’t mean we must accept ANY shit plan proposed to us. The Elders are insane and their plan is insane. They are obsessed with power, they seem themselves as gods because they share some miserable little secret? We can do better. We are not cattle. We are only if we believe it.

      • Tim Groves says:

        It’s good to have a difference of opinion on this issue. Even through my eyes, from a distance, the great mass of people in the cities look like, not cattle—deer. They flood the department stores, shopping malls and bookshops, but most of them are just browsing—boom! boom!

        I’m sure that nobody reading this feels they they personally are a deer, a sheep or a cow—prize bull maybe!—but most of us, me included, live our lives as domesticated animals, either as productive livestock, beasts of burden or pets. Some of us are even lining up for microchip branding.

        A question I’m asking is “Would you rather live as a sheep under the protection of the Good Shepherd, or as one of the animals on Billy’s Farm?

        https://i2.wp.com/nypost.com/wp-content/uploads/sites/2/2021/02/bill-gates-farmland.jpg?quality=80&strip=all&ssl=1

        • Thierry says:

          To be honest, most time I think people are cattle. But if so, how would I deserve to feel superior? And more important, what would people be with another education, other knowledge, other culture? Is there no other way to educate them? As a human being, I owe respect to mankind, this is that easy.
          Therefore, I believe this is possible to raise humanity, but not before the entire collapse of our current society (which is far from being a civilization to me but a totalitarian barbarity).

  24. Harry McGibbs says:

    “Harvest of horrors: It was always a gruelling job. But today our demand for £4 chickens and milk at 40p a pint is driving [the UK’s] small farmers to despair and ruin…

    “Our remaining 180,000 farmers still provide over half the food we eat, and yet because we demand it so cheap, farming has to be intensive.”

    https://www.dailymail.co.uk/home/books/article-9674067/Our-demand-4-chickens-milk-40p-pint-driving-small-farmers-despair-ruin.html

    • Harry McGibbs says:

      “Unemployment among recent graduates has risen to levels last seen during the austerity era, with [the UK’s] young people worst affected by job shortages due to the pandemic, according to official data.”

      https://www.theguardian.com/society/2021/jun/10/graduates-england-face-highest-unemployment-rate-since-austerity-era-pandemic-job-shortages

    • Dennis L. says:

      I don’t like it either, there may be hope with AI and self driven tractors/equipment. The large scale has efficiency and with sufficient capital it can be better for the land than traditional, but the farms of Europe seem more “human.”

      Dennis L.

      • MM says:

        It is not clear if AI Tech can survive with spare parts.
        In Europe it is possible to still see tractors of the Porsche brand built sometimes in 1925.
        Scale is a factor, yes. But is really large scale organic farming possible? Dunno.
        As with the “decentralists” in renewables, all the talk is about small regional size being smart. Smart means Datacenters, Analysts, AI Deveelopers. A huge overhead.
        Might be possible. (commodity supercycle anyone?) but well really?
        Is there a “Third Path” ?

      • European farms still retain some feudal features while feudalism was weaker in other continents.

    • Sort of reminds me what happened in the 1920s. Some farmers had mechanized; others couldn’t afford the new machinery. The farmers who had mechanized could produce a great deal of food cheaply, driving the other farmers out of business. It was the wage disparity that the big problem. Food was dumped, because the cost of production for the unmechanized farmers was above the market price. It was also above what poor people could afford.

      • whether food or oil demanded to be produced at below production costs, the end result is the same

        vast profits for a few (for a brief period) financial crash for the rest

      • Dennis L. says:

        Have no idea if this will even be seen.

        My personal, up close observation of farmers and their families is they are smart, their test scores show it, they work very hard, and they need to be lucky.

        Farming demands a great deal of knowledge, or at least has. It is very unforgiving of poor judgment or sloth.

        Currently farming has moved to huge equipment, and associated storage, maintenance facilities. My guess is equipment will go the opposite direction, much smaller, more units and extensive integration of AI. Really changes the land/equipment ratio.

        Dennis L.

  25. Harry McGibbs says:

    “Inflation burst begins to tear market in two.

    “A jump in US consumer prices has underscored the threat to financial markets as a growing chorus of doubters warns that inflation could skip away from central bankers’ control.”

    https://www.afr.com/markets/equity-markets/inflation-burst-begins-to-tear-market-in-two-20210611-p5804t

    • Harry McGibbs says:

      “Fed to announce QE taper in August or September on rising inflation concerns: Reuters poll.

      “The Federal Reserve is likely to announce in August or September a strategy for reducing its massive bond buying program, but won’t start cutting monthly purchases until early next year, a Reuters poll of economists found.”

      https://www.reuters.com/article/ousivMolt/idUSKCN2DN00T

      • Harry McGibbs says:

        “The Longer The Fed Pins Down Rates, The Uglier The Inflation Damage Will Be… The inflation data this morning came in hot, as expected.

        “Still, the Treasury market moved in the opposite direction of what would be considered intuitive, in a world where the Fed looks to be almost certainly behind the curve on inflation (already).”

        https://www.forbes.com/sites/bryanrich/2021/06/10/the-longer-the-fed-pins-down-rates-the-uglier-the-inflation-damage-will-be/?sh=32c8e7d67e22

      • It is hard to see how the Federal Reserve can ever reduce its bond buying program.

        • Sam says:

          It has to at some point. They can’t keep doing it forever

        • Dennis L. says:

          Gail,

          There seems to be a huge stratification in wealth, Musk is building a launch vehicle 2x the size of the old Saturn V vehicles. Is it possible some of this debt is no longer relevant to where humanity is going? The debt is so vast as to be meaningless, Elon on the other hand has a real rocket, can go to the moon, is very active in AI and can very possibly mine the moon and eventually Mars – infinite raw materials the main problem of which is where to put the waste once dropped onto earth.

          The owners of Google, Amazon, Tesla, etc. have more wealth than the majority of the world’s population which hints votes are meaningless, money talks, s…. walks.

          The world has really not see this type of ability to do things previously requiring taxing the majority, now it is done through direct sales.

          It looks to me like there is enough surplus energy to get to the moon, mine it, etc. There is plenty of energy in space, if refining requires extreme heat, perhaps Mercury would be a good site, transport is virtually frictionless.

          I don’t think the old models reflect what has occurred.

          Dennis L.

  26. Harry McGibbs says:

    “A rapid and chaotic energy transition would leave Europe’s biggest banks in financial peril comparable to the subprime crisis that United States lenders faced in 2008.”

    [Almost seems moot as a “rapid and chaotic energy transition” likely means systemic failure.]

    https://www.thestar.com.my/business/business-news/2021/06/11/energy-transition-may-be-subprime-moment-for-european-banks

    • Harry McGibbs says:

      “Reforming EDF shows messy political reality of energy transition…

      “France is seeking to restructure the group in order to win a higher regulated price for nuclear power, so that it can invest in renewables and so that EDF’s indebted balance sheet is not overwhelmed by the cost of extending the life of reactors.

      “But to reform EDF is no easy task.”

      https://www.ft.com/content/ea2ad141-3256-4a66-9ee1-787c2bb356c5

      • Harry McGibbs says:

        “Shell to speed up energy transition plan after Dutch court ruling.

        “Oil group pledges it will ‘rise to the challenge’ of cutting net carbon emissions by 45% by 2030.”

        https://www.ft.com/content/878cb5cd-9814-4cb2-bbfb-c3f7b8927716

        • Sam says:

          maybe they are planning on sell less oil at a higher price; the rich will be just fine! We will see if Gail’s thesis is right that above $50 a barrel the wold cannot function properly. We just touched 71 I think we go to 80 by mid july…..

    • There is no way we can produce and distribute a reasonable amount of food for 8 billion people without fossil fuels, as far as I can see.

    • Dennis L. says:

      Harry,

      What is Europe doing now that counts? Mostly it seems to be a large Disneyland now somewhat abandoned secondary to the pandemic. Europe is one of the most liberal of all the West and currently it seems to be doing everything to insure its demise, certainly its indigenous people are going extinct.

      Dennis L.

  27. Harry McGibbs says:

    “Corn stockpiles in the U.S., the world’s biggest shipper, keep on shrinking at a time when agricultural markets are steeped in worries over strained supplies and food inflation.

    “The weather’s too dry for crops to thrive. Americans are embarking on summer travels, which burns up corn-based fuel that’s mixed into gasoline. China is scouring the world market for grains to feed its expanding hog herd.”

    https://www.bloomberg.com/news/articles/2021-06-10/u-s-corn-stockpiles-dwindle-in-latest-jolt-to-inflation-fears

    • We will see whether this makes any difference at all.

      • Duncan Idaho says:

        We will see whether this makes any difference at all.
        That statement is in the rear view mirror.
        It already has.

    • Mark says:

      This is very long and emotional at times.

      • Tim Groves says:

        Thank you for this, Mark. I like listening to Bret.

        In this 3-hour video he speaks with Dr. Robert Malone, the inventor of mRNA vaccine technology, and Steve Kirsh, an entrepreneur who started the Covid-19 Early Treatment Fund.

    • Tim Groves says:

      Hey Dunc! What’s your take on the paper published in Nature last year that showed that people who recovered from SARS seventeen years earlier possessed T-cell immunity to the Covid-19 virus SARS-Cov2, a virus that differs from the original SARS virus genetically by about 20%.

      https://www.nature.com/articles/s41586-020-2550-z

      And what’s your take on the claim by neuroscientist Professor Karl Friston (and echoed by other experts) that up to 80 percent of people might not be susceptible to the COVID-19 coronavirus. According to Professor Friston, who was last year ranked the world’s most influential neuroscientist by Science magazine, the majority of the population likely had some sort of “prior immunity” to COVID-19 – and therefore would not have caught it in the first place.

      If Prof. Friston is correct, herd immunity is already with us everywhere, you need your brains tested, and he’s just the chap for it.

    • Fast Eddy says:

      If Darwin was at work you and Norm would be long gone.

      It amazes me that one can have a both CovIDIOCY and ClimIDIOCY and still be alive.

  28. Harry McGibbs says:

    “A recently-announced “three child” policy won’t prevent a long-term trend toward lower annual births in China, and the country will struggle to raise the retirement age by more than a couple of years by 2025, an influential Chinese economist said.

    ““I don’t think we can drastically raise the birthrate,” Yao Yang, dean of the National School of Development at Peking University, said…”

    https://www.bloomberg.com/news/articles/2021-06-11/china-can-t-reverse-declining-birthrate-top-economist-says

    • Harry McGibbs says:

      “China credit slowdown ‘happening faster than expected’ even as bank loans rose unexpectedly in May…

      “Growth of outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, slowed to 11 per cent in May, the weakest pace since February 2020.”

      https://www.scmp.com/economy/china-economy/article/3136893/china-credit-slowdown-happening-faster-expected-even-bank

    • I would agree. The three child policy won’t prevent a long term trend toward lower annual births. And raising the retirement age will be very difficult.

      • Harry McGibbs says:

        “China’s boast of eradicating poverty challenged by new study…

        “Report [published on Tuesday by Bill Bikales, former senior economist for the UN in China] says Beijing failed to take into account impact of Covid on vulnerable urban families.”

        https://www.ft.com/content/883f60d5-7085-4db6-a4e0-d277f43923b8

      • Dennis L. says:

        It would seem the issue is more demographics than absolute numbers. By the scaling hypothesis humans are designed for about 40 years after which wear and tear starts to take its toll.

        Life is a self organizing system, it will adjust, it will be fine but to be political, it will be a challenge.

        Dennis L.

      • MM says:

        Europe has been fighting a long battle about retirement.
        Some 15 years ago the german social democrats introduced a “public private retirement scheme” (Riester-Rente).
        That led to the demise of the “clinton era” social democracy ideas…

        I would not like to be dependent on financial markets with my retirement.
        Unfortunately retirement has been a topic to sweep under the rug to be tackled later for a very long time until someone falls over the pile of dirt under the carpet.
        I bet the term “long term” does not exist!

        It is not clear if OFW topics can be left for future innovation and growth…

        • As a practical matter, the working people need to support the retirees. If there are way too many retirees relative to workers (as is quickly becoming the case in Japan and China), this becomes a problem.

          There need to be physical goods and services that can be shared. Simply having dollars in bank accounts doesn’t substitute for the need for food, transportation and heat for homes.

  29. Tim Groves says:

    Just up today—Del Bigtree interviews Dr. Mike Yeadon for 90 minutes. This is a truly excellent discussion that lays out many of the facts, fictions and lies concerning the virus, the vaccine, the PCR tests, the lies, the exaggerations and the possible agenda. He goes through the entire timeline and how he reacted to events has they happened. He wants to see the politicians and government officials who presided over the slaughter in the UK put on trial for mass murder. Even if you’ve heard much on the subject already, this is well worth listening to.

    https://www.bitchute.com/video/j4aeaJfSpOVp/

    • Yorchichan says:

      We’ve heard a lot of what Mike Yeadon says before, but there are some useful additions. In particular, I found the explanation as to how the “vaccines” may cause infertility in women instructive.

    • Xabiers says:

      The BBC too! Hang ’em up! And every complicit physician.

    • Even watching the first few minutes is very good. Mike Yeadon makes the point that virus is not a whole lot worse than the worst seasonal flu. Also, there are at least four drugs that are very helpful at different stages of the illness, but governments have been keeping them from citizens. He believes that PCR tests are giving a lot of false positives.

      • Mike Roberts says:

        “not a whole lot worse than the worst seasonal flu” could mean “a lot worse than the typical seasonal flu”. That may turn out to be right.

        False positives? Yes, they happen but this report (PDF) suggested a very low rate. However, there isn’t a lot of data on this.

        I would agree that some effective treatments appear to have been suppressed though I can’t think of a good reason why that would be.

        • VFatalis says:

          Vaccines obtained a temporary use authorisation but on the condition that there was no alternative treatment.available.
          Here’s your good reason.

        • try to get a grip on reality

          no effective treatments have been suppressed

          • Mike Roberts says:

            Well, some people here do think effective treatments have been suppressed. I’ve come across randomised trials for hydroxychloroquine that suggest it isn’t any good, even as a prophylaxis but I don’t know about proper trials for Ivermectin. Do you know of any?

            • there has to be a reason for ”suppression of treatments”

              (Fauci Biden Gates are making billions from vaccines, so ‘Real’ treatments are being suppressed)

              all nonsense

              when people make up those ‘reasons’ then the suppression itself becomes a fallacy–part of the great hoaxathon

            • Tim Groves says:

              I don’t know if this counts as a proper trial, but a clinical trial of Ivermectin in treating Covid-19 it was. Please see in particular No.12, Changes in Serum Lymphocyte Counts, No.18, Number of Participants With Clinical Response, and No.18, Mortality.

              https://clinicaltrials.gov/ct2/show/results/NCT04646109

            • Tim Groves says:

              Here’s another one. The conclusion:

              A total of 32 patients were enrolled and randomized to treatment. SOC treatment together with ivermectin did not result in any serious adverse events. All patients exhibited a reduction in SARS-CoV-2 viral load within 7 days; however, those who received ivermectin had a more consistent decrease as compared to the SOC alone group, characterized by a shorter time for obtaining two consecutive negative SARS-CoV-2 RT PCR tests.

              https://pubmed.ncbi.nlm.nih.gov/33723507/

            • Tim Groves says:

              And another. Please let me know if I’m starting to bore you!

              An in vitro study of ivermectin in SARS-CoV-2 in Australia showed a significant reduction of viral load in infected cells. Subsequently, a descriptive study of 704 critical patients with COVID-19 showed a reduction in mortality, hospitalization, and intensive care unit length-of-stay in those patients who received the drug. Unfortunately, this study was withdrawn by its authors, leaving more questions than answers.

              https://clinicaltrials.gov/ct2/show/NCT04602507

            • Fast Eddy says:

              How about we rename Mike… Norm 2.0

            • Tim Groves says:

              And this one:

              Results: Two hundred eighty patients, 173 treated with ivermectin and 107 without ivermectin, were reviewed. Most patients in both groups also received hydroxychloroquine, azithromycin, or both. Univariate analysis showed lower mortality in the ivermectin group (15.0% vs 25.2%; OR, 0.52; 95% CI, 0.29-0.96; P = .03). Mortality also was lower among ivermectin-treated patients with severe pulmonary involvement (38.8% vs 80.7%; OR, 0.15; 95% CI, 0.05-0.47; P = .001). No significant differences were found in extubation rates (36.1% vs 15.4%; OR, 3.11; 95% CI, 0.88-11.00; P = .07) or length of stay. After multivariate adjustment for confounders and mortality risks, the mortality difference remained significant (OR, 0.27; 95% CI, 0.09-0.80; P = .03). One hundred ninety-six patients were included in the propensity-matched cohort. Mortality was significantly lower in the ivermectin group (13.3% vs 24.5%; OR, 0.47; 95% CI, 0.22-0.99; P < .05), an 11.2% (95% CI, 0.38%-22.1%) absolute risk reduction, with a number needed to treat of 8.9 (95% CI, 4.5-263).

              Interpretation: Ivermectin treatment was associated with lower mortality during treatment of COVID-19, especially in patients with severe pulmonary involvement. Randomized controlled trials are needed to confirm these findings.

              https://pubmed.ncbi.nlm.nih.gov/33065103/

            • Mike Roberts says:

              Tim Groves, thanks for finding those trials. Although one showed a significant reduction in mortality, with Ivermectin treatment, it wasn’t a randomised trial and the others either hadn’t posted results or had statistically insignificant results. So I guess the jury is still out on Ivermectin. It’s interesting, though, that hydroxychloriquine seemed to be used as a standard treatment in some of those studies.

            • Yorchichan says:

              All the studies of Ivermectin for covid-19 can be found here:

              https://c19ivermectin.com/

              as can all the studies for hcq, vitamin D, etc.

          • Tim Groves says:

            no effective treatments have been suppressed

            Got a peer reviewed meta-study that confirms this conclusion, Norman?

            Or any credible source at all?

            Or are you just making it up as you go along as usual?

            • Fast Eddy says:

              Isn’t Norm just the biggest MOREON on OFW?

              We’ve had quite a few … but he belongs in the OFW MOREON hall of fame.

              Enough of this ‘we’ve learned from Norm’ BS… Gail has explained a thousand times over and better than everything that he babbles on about endlessly — there is nothing to be learned from Norm.

              Tim Morgan said it 10 years ago … Norm is a just regurgitating Tim… but far less eloquently..

              The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel

              So enough of Norm… he is not even a lightweight… he hasn’t a single original thought in his pea brain…

              And his insistence that governments do not conspire… when they obviously do (WMD you f789ing meathead!!!)… is getting very old indeed.

              I have Norm on my delete list … along with a few other clowns who clutter up my inbox…. you cannot imagine the disappointment when I forget to use my delete filter and up comes more of Norm’s drivel…

              Time for Norm to be shifted off to the OFW glue factory

            • so one must accept as ‘truth’ a video of someone who is obviously mentally disturbed, shouting around an airport, shoving his mic under the nose of a retired astronaut, to the extent that he gets slapped in exasperation.

              ah–but that only ‘proves’ he was telling the truth after all, that the moon landing was faked..

              I don’t pretend to have an excess of intellect. I have even been known to be wrong on occasion.

              but that single clickbait video set the standard of your own. I have opened none since.

              It also set the standard for anyone else who might have the misfortune of finding themselves hanging onto your’ ‘intellectual’ coat tails, not a good place to be for the endless succession of garbage level conspiracies that flow from that orifice.

            • Tim Groves says:

              Te tell you the truth, Norm, I think Eddy was being a bit harsh on you there.

              But then again, like all of us, he’s been under a lot of stress waiting for the end of the world.

            • slight error there Tim

              the world is waiting for the end of Eddy

          • Tim Groves says:

            Let me give other readers and commenters some help in order that they can discount your disinformation.

            Once the Canadian Government found out the ivermectin works against Covid-19, I understand that they prohibited doctors and hospitals from prescribing and administering it for that use, prohibited pharmacies from selling it over-the-counter, and prohibited individuals from importing the drug.

            If any of the above is incorrect, please feel free to correct it. Unlike some egotists exhibiting from Dunning-Kruger effect, who politeness prevents me from naming, I love being corrected if wrong. Really. As it means I can learn something.

            Petition to the Government of Canada
            Whereas:
            Many Canadians will not be offered COVID-19 vaccinations for many months and in the meantime many will get sick or die from SARS CoV-2;
            Protection by a vaccine takes weeks to develop;
            New variants may be resistant to current vaccines;
            The Government of Canada has not articulated a plan for protection of our children against COVID-19;
            Ivermectin has been determined to be remarkably effective in prophylaxis (~86% fewer cases) and treatment (-68% fewer deaths) for COVID-19 prophylaxis by the British Ivermectin Recommendation Development panel;
            Ivermectin has proven to be very safe, as one-third of the world’s population (~7,850,000,000) has taken ivermectin as part of mass community treatment to prevent many different parasite (worm) infections and where only 16 deaths and 4673 adverse events have been reported through World Health Organization and Uppsala University VigiAccess database for pharmacovigilance from 1992 to 2021;
            Several countries, including Japan, Slovakia, Bulgaria, India, Egypt, South Africa, Zimbabwe, Bolivia, Peru, Argentina, have made ivermectin readily available to their citizens (often over-the-counter purchase or free);
            Ivermectin is already approved in Canada for anti-parasitic use and is now generic and inexpensive; and
            Ivermectin would be a candidate to provide protection and prevention against COVID-19.
            We, the undersigned, physicians, scientists, and other concerned citizens and residents of Canada, call upon the Government of Canada to urgently examine the evidence in favour of ivermection and give due consideration to making ivermectin available immediately to Canadians as a schedule II medication, which can be obtained directly from a pharmacist.

            https://petitions.ourcommons.ca/en/Petition/Details?Petition=e-3265

          • FoolishFitz says:

            It is a reality that WHO Chief Scientist Dr. Soumya Swaminathan has been served papers by the Indian Bar Association for apparently doing just that.

            “In the said notice, the Indian Bar Association has exposed the malafides of Dr. Soumya Swaminathan for suppressing the authentic data of Front Line Covid-19 Critical Care Alliance (FLCCC) and the British Ivermectin Recommendation Development Panel(BIRD).”

            https://indianbarassociation.in/press-releases/

            Might be best to wait a while before dismissing others views so contemptuously Norman.
            Invermectin does seem to be working wonders in India, whilst the bribe for the experimental therapy is done in a different way from the west.

            https://t.co/fsGbplai04?amp=1

  30. postkey says:

    ‘Apparently Sam Harris said in a new podcast that a government insider contacted him and said there’s going to be a “blanket declaration that we’re in the presence of alien technology” from the US government pretty soon. ‘
    https://twitter.com/caitoz/status/1403278485246730242?s=20

    • Fast Eddy says:

      As win spin more wildly out of control expect more attempts to distract the Goy.

    • Xabier says:

      Bah! I want the real stuff, the faked ‘Jesus Reveal’, not this alien nonsense………

    • geno mir says:

      Beware of the body snatchers (wink-wink)

    • Really strange!

    • MM says:

      From what I see the cognitive dissonance between “The OFW Predicament” (TOP) and the claims of something like “green gas” are increasing their scream level as delusion sets in.

      When you realise you dug yourself in a hole just stop diggin’

      We might have a lot of alien tech on a sheet of paper but we can not materialise it in the scale required.
      Laws of physics apply. Matter / Energy.

      Conciousness might be off from these but conciousness does not yield material goods.

      Well. If I just knew how to materialise a cold bottle of beer with a steak here right now.

      Maybe the ancient cultures knew it?

      Maybe the phoenecians who stole it still know some of it?

      Well: Would I participate in a “Material Overbuild Cyber Tech Dream VR Anything Goes”?

      I do not think so!

      I like my limits because I encounter them every day and I can work on enlarging them…

      Do not trust the aliens!

    • does it occur to no one that if an alien civilisation had the necessary tech to travel 100m lightyears to get here, then shape shift to make themselves look like us (apart from Melania), that if they wanted this planet, they would just do the equivalent of crop-dusting the entire place and get rid of us instead of going through this secrecy nonsense?

      ah–but thats all part of the ‘conspiracy’, Biden is really from Planet Zarg

      • Duncan Idaho says:

        Well, one would need to abandon the limits of the speed of light.

        • Tim Groves says:

          It worked for Star Trek. As long as you can get enough good quality dilithium crystals and have a decent engineering staff, you’re laughing.

      • Tim Groves says:

        Norman, they may find the planet not to their tastes due to the gravity, the atmospheric content, quality of sunshine, or their inability to coexist with the current biosphere. Imagine if they went moldy like stale bread! In that case, they would find it easier to use humanity as a labor force and do a tiny bit of shape-shifting (check out Hilary and the cold chai!) in order to manage things. Very reasonable IMHO.

    • Tim Groves says:

      I saw this guy the other day and I actually thought it might be you!
      But for me, the funniest thing is the Twitter warning.
      The censors can barely keep a lid on all this annoying free speech,
      and the more they crackdown, the more users they lose.

  31. Fast Eddy says:

    This is more fuel for the CEP fire…. why would the Elders want to kill off their minions if the plan was not extinction?

    https://www.zerohedge.com/covid-19/goldman-asks-bankers-share-covid-vaccination-status-feds-give-green-light

    • Christopher says:

      Investment banking may not be a fundemental part of our future society. Nationalisation and definansialisation are likely the new trends.

    • Minority Of One says:

      Why are they vaxxing the police and the military, the ‘enforcers’?

      • Student says:

        I think that follows the same underlying reasoning why they obliged here with a special law medical staff to take the jab:
        you cannot allow people who have to obblige vaccination to be not vaccinated.
        It would be a contradictory message for the population.

      • Xabier says:

        The weight of evidence now tends towards the covert mass sterilisation thesis (MST?) and causing a substantially higher mortality in the elderly, not short-term extermination – just yet.

        It makes no sense at all to knock out police, military, medics, firemen, telecoms engineers, agricultural workers, teachers, etc, in one fell blow.

        The creation and maintenance of the Digital Prison, 2020-30 depends on them.

      • Tim Groves says:

        The thought occurs that not all jabs are equal. In Japan, using only Pfizer products so far, first they jabbed frontline medical staff and then they started jabbing oldsters. It could be that the medical staff, being essential to the economy, were given safer shots.

        One thing I’ve been asking about and I haven’t had a straight reply to yet, is, why is the Covid-19 jab being treated so differently to any other jab you are likely to be jabbed with? If you go for a tetanus jab or a yellow fever jab or a flu jab, the doctor will jab you and record said jab in your medical record. But with the Covid-19 jab, every eligible person gets sent a personal envelope with a questionnaire, a coupon, and an application form in it, and those who want the jab are asked to submit the application with the filled in questionnaire and bring the coupon with them to the jabbing. They also get a personal “Covid-19 vaccination number” to add to the several other government ID numbers most of us already have.

        Why the importance of the questionnaire? Why the need for specific vax number? The level of administrative control is unprecedented for a so-called medical procedure. I suspect you can get a heart transplant with less paperwork.

        • Yorchichan says:

          There are lots of stories in the MSM about people being mistakenly injected with saline solution instead of a covid19 “vaccine”. Maybe you are correct that not all jabs are equal. If so, I hope it works both ways and some prominent politicians get the real thing by mistake.

          • geno mir says:

            All medications (including vaccines) are produced in batches. One batch could be different from another batch 😉

          • Student says:

            On this point I think it is interesting to follow a recent interview with Doctor Loretta Bolgan.
            Doctor Loretta Bolgan has been graduated in Chemistry and Pharmaceutical Technology, she had a PhD. at the University of Padova and she worked as Research fellow at Massachusetts General Hospital (Boston).
            She is a scientific consultant.
            She has been included in the commission of the Italian Parliament for the investigation on deaths and serious diseases caused by depleted uranium weapons on soldiers.
            I’m sorry if the interview is in Italian, but please find a way to understand it because she also says that being in phase 3 of experimental phase with these vaccines, in this kind of phase normally there are: vaccines target, placebo and other kind of vaccines, all given at the same time.
            So (my point and maybe I’m wrong, but) it could be the same case right now.
            The interview is very interesting.

            Please see here:

            https://www.byoblu.com/2021/06/09/tutto-quello-che-ce-da-sapere-sulla-campagna-vaccinale-in-corso/

            https://www.studiesalute.it/#chisono

        • Xabier says:

          Excellent points, Tim.

          Why oh why: raises questions, shouldn’t it?

          I can’t wait for my Digital ID: so special, just for ME! Thank you, Big Brother!

        • MM says:

          This actually is a very serious issue:
          In Europe a lot of jabs are done with the help of military personel. Why the heck ???
          They write down evere charge.
          We do not at all know what is in every charge!
          We see that we have a “stages” approach for jabs.
          elders, health workers, soldiers, teachers, regular, children.

          If this is a genetic experiment (cough) it will yield beautiful data!

          It is very difficult to get hold of a vile and it is even difficult to know what to analyze it for…

          Mr. Bakhti from Germany some 6 weeks ago said something like:
          “I can not speak about the US because I have no means of knowing what is happening there”

          • Correction

            Mr. Bakhti of Thailand living in Germany for now

          • Xabier says:

            Dolores Cahill said some time ago that she wanted sample vials withheld from batches for analysis.

            Frankly, we have no idea what is really going on in this population-wide experiment, and can ave no faith i the integrity of anything done by health authorities and Big Pharma.

            And that is cause for great concern when considered alongside the large number of deaths and injuries already caused.

      • Fast Eddy says:

        Its about extinction — you inject enough to provide a breeding ground for the deadly variants https://www.pbs.org/newshour/science/tthis-chicken-vaccine-makes-virus-dangerous

        Police and military are low hanging fruit – they do what they are told.

        Doctors also do not want to lose their careers — so they take the Injection.

        Don’t need to inject everyone – there are enough CovIDIOTS out there to make this happen

        Who needs police and military when everyone is dead

        • Minority Of One says:

          >>Who needs police and military when everyone is dead

          This will require a very high hit rate in the short term, months rather than years.

          What time-scale are you thinking of here?

          Where I am coming from is this. Previous mRNA ‘vaxxine’ trials have been conducted on animals (much to my disgust, testing on homo extinctus seems perfectly reasonable to me). We hear that most or all of the test animals died not immediately but a few months after the jab. All or most died. Are all or most of homo extinctus who have been jabbed with the mRNA vaxxines due a visit from the grim reaper this winter? No-one seems to be discussing this. Not Dr Sam Bailey, the Highwire or Dr Richard Fleming. If the answer comes remotely close to yes, then this winter seems like our swan song. On the upside, TPTB are going down with us, and the rest of life will get a chance to recover.

      • geno mir says:

        As everything which is produced and transported, the vaccines also are divided in batches. The batches send to pol/mil may not be the same as the batches send to you 😉
        You are over-oversimplifying things when assuming all vaccine doses are the same. Be more thoughtful and rational and beware of over-oversimplification.

        • Minority Of One says:

          Do you really think in the grand scheme of things, this matters?

          • geno mir says:

            I have seen it with my eyes. Batch of Medication produced at one factory is totally different from another batch produced in another factory. One batch is sent to let’s say Germany and the other to India. Guess which has less adverse events?

  32. StarvingLion says:

    https://drcharlieward.com/louise-hampton/?utm_content=12649005&utm_medium=Email&utm_name=Id&utm_source=Actionetics&utm_term=Email

    This lady quotes numbers from UK reporting of bad side effects. The number of people who have DIED after the jabb should have everyone saying “thanks but no thanks.”

    When are the arrests going to start? How long do we have to wait for the trials?

    Who in government can at least STOP THE ONGOING PERCENTAGE GENOCIDE.

  33. Fast Eddy says:

    So funny!!!

    CDC To Hold “Emergency Meeting” After 100s Suffer Heart Inflammation Following COVID Vaccines

    https://www.cbsnews.com/news/covid-19-vaccine-myocarditis-heart-inflammation-cdc/

    • I notice today’s lead article from MedPage Today:
      https://www.medpagetoday.com/opinion/marty-makary/93029

      Think Twice Before Giving the COVID Vax to Healthy Kids
      — Based on the data to date, there’s no compelling case for it right now

      by Martin Makary MD, MPH, Editor-in-Chief, MedPage Today June 10, 2021

      In reviewing the medical literature and news reports, and in talking to pediatricians across the country, I am not aware of a single healthy child in the U.S. who has died of COVID-19 to date. To investigate further, my research team at Johns Hopkins partnered with FAIR health to study pediatric COVID-19 deaths using approximately half of the nation’s health insurance data. We found that 100% of pediatric COVID-19 deaths were in children with a pre-existing condition, solidifying the case to vaccinate any child with a comorbidity.

      Given that the risk of a healthy child dying is between zero and infinitesimally rare, it’s understandable that many parents are appropriately asking, why vaccinate healthy kids at all?

      One argument Makary makes is that the doses should instead be used for elderly people in low income countries.

      He also raises the question whether the vaccine doses being given to children is too high.

      Both mRNA vaccines have been found to be 100% effective in preventing COVID-19 in kids. But anytime a medication is found to be 100% effective, it should call to question whether the dose is too high, the interval is too short, or if there is a need for the second dose at all. Pfizer is now looking at lower vaccine doses for children, as they mentioned Tuesday in their announcement that they are starting their vaccine trial in kids under age 12.

  34. StarvingLion says:

    The Centers for Disease Control and Prevention announced Thursday that it will convene an “emergency meeting” of its advisers on June 18th to discuss rare but higher-than-expected reports of heart inflammation following doses of the mRNA-based Pfizer and Moderna COVID-19 vaccines.

    The new details about myocarditis and pericarditis emerged first in presentations to a panel of independent advisers for the Food and Drug Administration, who are meeting Thursday to discuss how the regulator should approach emergency use authorization for using COVID-19 vaccines in younger children.

    As CBS reports, the CDC previously disclosed that reports of heart inflammation were detected mostly in younger men and teenage boys following their second dose, and that there was a “higher number of observed than expected” cases in 16- to 24-year-olds. Last month, the CDC urged providers to “ask about prior COVID-19 vaccination” in patients with symptoms of heart inflammation.

    https://www.zerohedge.com/covid-19/cdc-hold-emergency-meeting-after-100s-suffer-heart-inflammation-following-covid-vaccines

  35. Herbie Ficklestein says:

    Ford Motor announced a deal with startup Origin Materials aimed at reducing the environmental impact of its vehicles, targeting the amount of fossil fuel-based products used in a car. It is a step beyond the focus on tailpipe emissions and vehicle electrification behind the current boom in EVs.

    Fossil fuels, such as oil and coal, emit carbon dioxide, the main gas blamed for climate change, when burned or processed. Many companies are trying to reduce the amount of carbon dioxide emitted in the making and use of their products.

    For cars, the discussion typically revolves around burning gasoline in engines. The solution to those emissions the world is migrating to is battery- powered cars. Ford Motor is no exception. The company is spending billions on EV development and recently unveiled an all-electric F-150 pickup truck.

    But there are a lot of plastic, foams, and sealers in cars, all derived from oil. The deal with Origin addresses that carbon footprint. Origin makes chemical products that can be further processed into many things from wood based feedstocks.

    The first products the pair will investigate use PET, or polyethylene terephthalate, a plastic used in water and soda bottles.

    “Ford’s path to carbon neutrality evaluates every part of our operations, including the emissions associated with synthesizing the vast amount of materials we use,” said Debbie Mielewski, a technical fellow at Ford, in a joint news release. “The ability to utilize carbon negative materials will be a monumental driver in helping achieve our sustainability goals.”

    From Barron’s .com

    Betcha this will never see the light of day

  36. Herbie Ficklestein says:

    Mister Obvious

    Yahoo Finance
    ‘We will see a financial crisis’ if COVID-19 benefits are left in the budget: Kevin Brady
    Adam Shapiro
    Adam Shapiro·Anchor
    Thu, June 10, 2021, 12:11 PM
    U.S. Representative Kevin Brady (R-Tex.) warns the trillions of dollars spent to overcome the COVID-19 pandemic will add to the U.S. national debt and threaten the country’s economic future.

    “You’ve got to take all this emergency spending and take it out of the regular budget,” Brady told Yahoo Finance Live.

    President Joe Biden signed the $1.9 trillion American Rescue Plan into law in March. Then in April, he proposed a $2.3 trillion infrastructure bill called the American Jobs Plan along with another bill, the $1.8 trillion American Families Plan

    Biden’s proposed federal budget would make some of the COVID-19 pandemic era spending permanent. That would increase government expenditures $6 trillion dollars over 10 years. Biden proposes to pay for it by raising the corporate tax rate from 21% to 28%. The budget proposal posted online by the White House says the increased spending and increased taxes would pay off. “The American Families Plan makes permanent the American Rescue Plan’s expansion of premium tax credits and makes a historic investment to improve maternal health and mortality.”

    “If you leave it in there, we will see a financial crisis at some point in the future,” Brady warned, referring to the proposals to make pandemic relief spending permanent. He, and other Republicans in Congress want to slowly constrain, “the growth of government and put it back in whack with the economy” as well as preserve the Trump-era tax cuts.

    It don’t matter…when the tracking peters out there will be a end of the 🌎 world crisis

  37. Tim Groves says:

    Not being in medical practice, I wouldn’t dare give any advice on what pharmaceutical drugs to take. Not even Dr. Campbell does that online and he’s a real GP. However, the news about ivermectin is so (some are saying) miraculous that everybody should at least be aware of its existence.

    Western Governments and others around the world were well aware that ivermectin was effective in treating Covid-19 cases back in March 2020, and yet they effectively banned doctors and hospitals from using it, thereby condemning well over a million people to an unnecessary and miserable death. And even today, they are dragging their feet. I am still letting the full horror of that sink in.

    Fully anticipating even more gruesome forms of “Covid” to appear in the near future, the medicine cabinet is now well stocked with ivermectin, just in case, as the best insurance policy I can think of in the current situation.

    https://www.lewrockwell.com/2021/06/ira-katz/ivermectin-covid-19-and-why-it-could-be-miraculous/

    • Dennis L. says:

      If Dr. Campbell is the fellow from Britain, I think he is a nurse practitioner or equivalent with a Ph.D., not a MD.

      Tim, administrating medications requires some understanding of dosages and clinical signs and symptoms of side effects.

      The vaccine may have been the best way to minimize population damage from a fairly serious disease. Not easy decisions.

      Leaders have the job of making the best overall decisions possible, that is never easy and it is a population decision, not an individual one. If a society falls apart the results are very serious, serious epidemics can do that.

      Dennis L.

      • NomadicBeer says:

        “serious epidemics can do that.”

        You managed to cram about 10 fallacies (or is fantasies?) in a few lines – congrats!

        Most countries have the same mortality in 2020 as in previous year. Even the countries where the mortalities increased a bit, they are still comparable to similar years in the last decade (for US is the same as 2012, you heard about that horrible year, right?)
        And of course there is the obvious question: what caused the increased mortality? A magical virus that has the same IFR as all other cases of death or the lockdowns themselves?

        And the line about the leaders having a job to do – that is rib-splitting hilarious!

        I thought you are naive but now i know you must be insane, which is perfect since the world is insane, you fit right in!

        Just remember – ignore everything that contradicts the narrative and keep posting those Star Trek links.

        • Mike Roberts says:

          “Most countries have the same mortality in 2020 as in previous year.”

          I don’t know if this is true but it wouldn’t surprise me as most countries had lockdowns and other restrictions which would have had some impact (downwards) on the number of deaths.

          • Minority Of One says:

            ” …as most countries had lockdowns and other restrictions which would have had some impact (downwards) on the number of deaths.”

            That is odd because the reviews I have seen / read come to exactly the opposite conclusion – lockdowns have no positive impacts and may indeed exacerbate illnesses / deaths for various reasons, not least:
            – people no longer exposed to viruses, bacteria, fungi on a daily basis etc so their immune systems get out of shape
            – people locked indoors for weeks / months on end up with very poor mental health, leading increasing rates of suicide, for example
            – people stop visiting their MD / GP resulting in cancer and heart disease etc being diagnosed too late, if at all.

            Can you post some papers that give us details about how the lockdowns were successful?

            I am guessing that you are of the opinion, Sweden should have locked down? This instead of being 28 (or thereabouts) in the global league of CV19 deaths, it could have been higher?

          • harryburke3423 says:

            Mike, do have any data to back up your “downwards” claim?
            Everything I have seen about the impact of installing fear into people and then telling them to stop doing all the things that keep the immune system and mental health in good working order says the opposite of your claim.

            Here’s a few examples of why the opposite of your claim appears to be the correct conclusion.

            “there is no evidence that more restrictive nonpharmaceutical interventions (“lockdowns”) contributed substantially to bending the curve of new cases in England, France, Germany, Iran, Italy, the Netherlands, Spain, or the United States in early 2020”

            https://onlinelibrary.wiley.com/doi/abs/10.1111/eci.13484

            “Inferences on effects of NPIs are non-robust and highly sensitive to model specification. Claimed benefits of lockdown appear grossly exaggerated.”

            https://www.medrxiv.org/content/10.1101/2020.07.22.20160341v3

            “these strategies might not have saved any life in western Europe. We also show that neighboring countries applying less restrictive social distancing measures … experience a very similar time evolution of the epidemic.”

            “since the full lockdown strategies are shown to have no impact on the epidemic’s slowdown, one should consider their potentially high inherent death toll as a net loss of human lives”

            https://www.medrxiv.org/content/10.1101/2020.04.24.20078717v1

            There’s a huge amount of data that refutes the claim you allude to and that’s before you consider the damage done by the closure of hospitals for anything but Covid and the on going mental health issues caused by that particular unscientific policy. Just look up mental health deterioration/suicide in the young.

            I would personally contend that it was the most deadly policy they could pick and they knew that right from the get go.

            • Mike Roberts says:

              Harry, I wouldn’t have thought that you’d need some evidence that restricting pathways for infection would limit the spread of the infection. If you don’t believe that, then I’m not inclined to spend time convincing you.

              The first link you give, examining only COVID-19 infections, even said:

              Implementing any NPIs was associated with significant reductions in case growth in 9 out of 10 study countries, including South Korea and Sweden that implemented only lrNPIs

              though it then goes on to extract some of the estimated effects of both the epidemic and IrNPIs to claim that more restrictive NPIs had little impact. That’s an extraordinary claim but I haven’t delved into it in detail to see if I can see an error with the work. Maybe others can. It’s an extraordinary claim because an infection that relies on people interacting to spread surely would spread less quickly if those interactions are eliminated or severely reduced. However, I’ll try to take a look at that in more detail. It’s odd, though, that influenza like illnesses reduced significantly in NZ during our lockdown last year, if that was simply coincidence.

          • Duncan Idaho says:

            Actually, the US has about 900,000 more deaths than our past history has recorded, by population numbers.
            600,000 of those are from Covid, and the other 300,000 are speculation, but possibly Covid related.

            We are getting close to 1 out of every 300 people dead from Covid in the US, but not there yet.

            • Tim Groves says:

              Since ivermectin and several other cheap drugs have been known to cure Covid-19 since the spring of 2020, most deaths chalked up to Covid-19 would be more accurately described as manslaughter.

              According to the CDC, in 2020 Covid killed 377,883 people, accounting for 11.3% of all deaths last year. Hint: This means 88.7% of deaths were due to something else.

              However, many people including experts have pointed out that the vast majority of Covid-19 deaths were caused by something else. By some estimates only 6% (about 20,000 people) were due primarily to the virus itself.

              From the CDC:

              In 2020, approximately 3,358,814 deaths† occurred in the United States. From 2019 to 2020, the estimated age-adjusted death rate increased by 15.9%, from 715.2 to 828.7 deaths per 100,000 population. COVID-19 was reported as the underlying cause of death or a contributing cause of death for an estimated 377,883 (11.3%) of those deaths (91.5 deaths per 100,000). The highest age-adjusted death rates by age, race/ethnicity, and sex occurred among adults aged ≥85 years, non-Hispanic Black or African American (Black) and non-Hispanic American Indian or Alaska Native (AI/AN) persons, and males. COVID-19 death rates were highest among adults aged ≥85 years, AI/AN and Hispanic persons, and males. COVID-19 was the third leading cause of death in 2020, after heart disease and cancer.

              https://www.cdc.gov/mmwr/volumes/70/wr/mm7014e1.htm

      • Tim Groves says:

        OK, Dennis. You got me there. Dr. John Campbell is not a GP. He has a great bedside manner, though. And he shares your view that one should not usurp the GPs role by self-prescribing prescription-only medicines.  

        True, administrating medications requires some understanding of dosages and clinical signs and symptoms of side effects. I never doubted that for a minute. Medical drugs should not be treated like M&Ms even thoughM&Ms can be addictive.

        Are you suggesting the ivermectin be treated as if it were as toxic as, say, certain chemotherapy agents, or required strict dose compliance like SSRI antidepressants? If so, I can reassure you that Ivermectin is one of the safest drugs out there, with a very modest side-effect profile. It also stops Covid-19 dead in 80% of cases. As with aspirin, you have to be careful not to take too much, but that’s something millions of people manage to do everyday with thousands of over-the-counter products.

        Also, while qualified MDs should be expected to know best, inappropriately prescribed and administered medicines kill goodness knows how many hundreds of thousands of people each year.

        Also, also, while ivermectin is a prescription-only medicine for humans in most industrialized nations, it is available over-the-counter in many places. In Africa, it is doled out to village headmen, who are no better medically trained than witch doctors, so that they can administer it to anybody who gets infected by a parasitic disease. There have been over 3 billion doses administered in Africa, saving millions of lives, and with very little in the way of major side effects.

        Also, also, also, ivermectin is an over-the-counter medicine for dogs, sheep and horses. Many people, unable to get hold of the human stuff due to government restrictions, have swallowed horse paste in order to treat Covid-19. I hope you’ll forgive them for doing that rather than laying down and coughing themselves to death.

      • Tim Groves says:

        Dennis (while my previous message is trapped in moderation), let me add a few general points.

        The four Covid-19 vaccines used in the west are not vaccines. They don’t stop people from catching the pathogen, developing symptoms, or passing the pathogen on to others. That’s three strikes!

        The fairly serious disease is about as serious as influenza; being rather more serious than the latter for seniors and especially those with co-morbidities, less dangerous than flu for healthy people under 60, and of no concern whatsoever for adolescents and children. At least, that’s what the statistical data on cases is telling us.

        I know ten people who have developed Covid-19 and gone to hospital with it. What do they all have in common?, you may ask. I’ll tell you. They are all diabetic. Some of them lived with family members who were not diabetic. Some of these family members tested positive on PCR or antibody tests. How many of these family members developed Covid-19?, you may ask. I’ll tell you that too. Zero.

        Leaders in the West have failed the people. It was well known that ivermectin, HCL and several other drugs were effective in defeating Covid-19, and for some reason, leaders in the West decided to prohibit treatment with these medicines, resulting in possibly over a million preventable deaths. We are governed by ghouls. Pol Pot would have clapped for the NHS.

        If society falls apart, it will be because of the pressures placed on it from above. It’s getting to the point where the people can’t stand anymore, even if you personally can.

      • Xabier says:

        That should be their job, I agree, Dennis.

        In reality, they have to please their funders, and a few very powerful business, military and financial lobbies. They can also be ideologues in the grip of a fantasy, and do untold harm. Or simply utterly corrupt and power-hungry. We have seen all of that in 2020.

        At no time has Covid threatened to dissolve the economy or pose an existential threat, as we feared might be the case back in Feb 2020.

        Only lock-downs have done that, and they have been designed solely to sow fear, destroy SME’s and various major sectors like tourism, suppress energy consumption, and cause a useful banking crisis.

        • Dennis L. says:

          Xabier et al.,

          I honestly don’t have a clue about this virus. Sometimes one has to do one’s best with much less than perfect information; medicine is truly the practice of medicine.

          We are herd animals and sometimes we do the damdest things for no apparent good reason.

          Gail probably has it correct, we are the limits to growth and probably passed that period more than twenty years ago according to Tim Morgan. Each of us will have to do our best to pick our way into a future much different than the past.

          My main complaint here is the pessimism, life is still pretty good and many of my father’s generation who did beach walks into less than friendly neighbors would find this a walk in the park.

          We will make it, we will make mistakes. FWIW, my main concern with the vaccine or what ever would be reverse transcription.

          Thanks for the thoughts,

          Dennis L.

      • NomadicBeer says:

        This reply is for Xabier, Minority, Tim and other people that try to bring information to the table.

        You do realize that Dennis and Mike are pulling our legs, right?

        Think about it. It does not matter how many times you point them to the official sources that show that there is no pandemic, lockdowns don’t work and the vaccine is worse than useless.
        Whatever you do, they ignore all the links and come back the next day with the same pretend ignorance, believing all the MSM lies and asking for clarifications.

        What are the chances that they are innocent people trying to learn? They never comment on any link to off-guardian for example. They never change their opinion or bring new data – it’s like Groundhog Day!

        How much do you want to bet that tomorrow they will keep talking about the horrible pandemic, our great and loving leaders and the amazing vaccine? Maybe they erase all their doubts from memory at the end of every day?

        • Xabier says:

          When clearly intelligent people refuse to take in new and unwelcome information on some topic, I tend to see it as an illustration of the way the brain works – perhaps it is merciful, innate self-protection?

          It is not pleasant to face the revelation total institutional and governmental corruption and callousness – partly because we’ve had it so good, and until recently all the lies were told about wars which hurt only poor brown people far away, not here in our very heartland, turned against us with full force and lavish funding.

        • Minority Of One says:

          I was thinking the same thing myself. Taking the mickey.

    • Azure Kingfisher says:

      21 U.S. Code § 360bbb–3 – Authorization for medical products for use in emergencies

      c) Criteria for issuance of authorization

      The Secretary may issue an authorization under this section with respect to the emergency use of a product only if, after consultation with the Assistant Secretary for Preparedness and Response, the Director of the National Institutes of Health, and the Director of the Centers for Disease Control and Prevention (to the extent feasible and appropriate given the applicable circumstances described in subsection (b)(1)), the Secretary concludes—

      (3) that there is no adequate, approved, and available alternative to the product for diagnosing, preventing, or treating such disease or condition

      https://www.law.cornell.edu/uscode/text/21/360bbb-3

      Tim, why can’t you keep quiet about alternative treatments for COVID-19? Sharing that kind of information widely may jeopardize the emergency use authorization status granted to our beloved “vaccine” manufacturers. What are you thinking? Trying to save lives is noble and all, but for God’s sake, don’t ruin the profits of Pfizer, Moderna, and Johnson & Johnson. Don’t be a monster.

      • Tim Groves says:

        You’re quite right, I should be kinder to the pharmaceutical companies, especially after all the executive salaries, the product liability compensation, and the incentive schemes for doctors to dispense their products that they have to pay, they need every cent they can get.

    • Xabier says:

      Campbell is an experienced nurse, with a Ph.D in public health policy, I believe.

  38. Tango Oscar says:

    Today’s CPI print in the United States essentially showed 8% annual inflation. The last 3 months increases were .6, .8, and .6 so you get 2% x 4 quarters = 8% a year. The CPI is rigged to hide inflationary impacts, so the real inflation is probably double this number, perhaps higher. If we say the inflation rate is now 15%, how long can this go on before we start seeing negative ramifications? That is a massive number and it doesn’t look like the inflation trajectory is going to cool off for at least a few more months, if ever.

    Keep in mind the spending in the US is far from over. Next month what’s essentially child universal basic income starts up, paying people with kids under the age of 18 $250 each. There’s also the incoming infrastructure bill, which will be at least another $1.5-2 Trillion dollars we don’t have. Janet Yellen is comparing the current government spending to 2010 levels and wants it higher. Should the markets start selling off it’s likely they inject another round of higher QE followed by more stimulus checks. That is to say nothing of the reverse repo market accounting trickery going on.

    The Federal Government cannot raise interest rates with public debt at $30 Trillion without having to print a whole bunch more money wholly to pay off the interest. They’re trapped with no choice but to keep ramping up the spending. Furthermore most states and cities are in similar dire financial circumstances and will probably demand bailouts in the not too distant future. The only way out is a currency reset into the SDR or some serious financial chicanery with central bank digital currency. Either way, this inflationary ramp up is seriously bad news and I think the odds of something breaking in the very near future just went up substantially.

    • davidinamonthorayearoradecade says:

      inflation is the “only way out”. Good first paragraph. The US claimed 6.4% GDP growth in Q1. I haven’t seen what they used for their deflator ie the inflation rate they used to calculate GDP. As you say, actual inflation could be double what “they” claim, so the real deflator perhaps should have been 6% higher and thus wiping out the GDP growth.

      • davidinamonthorayearoradecade says:

        steady high inflation, not hyperinflation, would be a way that a decline in the secondary financial economy could catch up to the reality of decline in the primary economy of goods and services, which must decline because its energy base (mostly FF) is in an irreversible decline. That energy reality means that the average person must get poorer, and steady high inflation is one way to go there.

        • Tim Groves says:

          How many wheelbarrows do you think would be a prudent investment in these inflationary times, David?

          • postkey says:

            “Contrary to popular opinion, excessively high deficit spending and exorbitant government debt levels are not the primary cause of a hyperinflation. In most cases they have been the result of other exogenous events such as ceding of monetary sovereignty, war, rampant corruption or regime change. It is these exogenous events that result in the public’s rejection of the currency, a collapse in the tax system and the government response of printing more money to fill in the confidence void. Ultimately the confidence void cannot be filled and the currency is fully rejected by the public in the form of hyperinflation. In my treatise on the monetary system I discuss the importance of this unspoken agreement between the private sector and public sector.”
            http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1799102

    • davidinamonthorayearoradecade says:

      but the fakeyfake deflator trick will continue to be used. So what we may well see going forward is Q after Q of “growth”, where the GDP number is plus, but in reality the economy could be shrinking. This goes with Gail’s article title “don’t expect prior growth”. I think that is correct, that the economy will be shrinking going forward, but the fakeyfake GDP will show “growth”. Funny enough, this year and at least next year might not be recession years, by the official numbers.

    • davidinamonthorayearoradecade says:

      https://www.zerohedge.com/markets/bofa-just-threw-all-over-feds-transitory-argument-heres-why “… older history shows that once it gets going it is hard to contain without triggering a recession.” So that’s reasonable, higher inflation for quite a while, and then it will be “cured” by recession.

    • postkey says:

      ‘~ TLDR: “there are fewer and fewer items that are rising in price by more than 2% y/y.”?

      https://twitter.com/PriapusIQ/status/1403266417965899777?s=20

  39. Fast Eddy says:

    When Harvey Risch, M.D., Ph.D., published an article in the American Journal of Epidemiology in May 2020 about the safe and effective use of hydroxychloroquine (HCQ) as an early treatment in COVID patients, he was criticized and attacked by some in the medical industry, including some of his own colleagues.

    Risch, a professor of epidemiology at Yale School of Public Health, told Children’s Health Defense Chairman Robert F. Kennedy, Jr., on the “RFK Jr The Defender Podcast,” how 20 of his Yale colleagues signed a letter expressing their “grave concern” about Risch and his recommendation for doctors to start treating COVID patients with HCQ.

    The letter argued while Risch is a “respected cancer epidemiologist,” he is “not an expert in infectious disease epidemiology” and therefore had no business discussing HCQ as a COVID treatment.

    When asked how he responded to the criticism, Risch told Kennedy:

    “Well, they did not do due diligence. They didn’t do their homework about me. They failed to understand that my Ph.D. was in mathematical modeling of infectious epidemics. When I published about the efficacy of the medication, it had nothing to do with infectious diseases at all. It’s about drug efficacy, and I’ve done plenty of those kinds of analyses in all of my studies that are cancer-related studies. So, for them to extrapolate from infectious epidemic processes of viruses to worrying about whether a drug is effective is a misrepresentation of what was being analyzed in that paper.”

    Risch says HCQ works as an early treatment in preventing hospitalizations and death in high-risk COVID patients.

    In a statement Risch penned in November 2020, he said:

    https://childrenshealthdefense.org/defender/rfk-jr-the-defender-podcast-dr-harvey-risch-hydroxychloroquine-covid-treatment/

    Sign your kids up … hurry hurry … don’t want them to catch that damn covid and die… sign them up CovIDIOTS!!!

    https://childrenshealthdefense.org/defender/cdc-teens-vaccinated-pfizer-moderna-higher-risk-heart-inflammation/

    What I am hoping is those pampered pricks in the 50k per year private schools get to the front of the line for this … using daddy’s connections…. I love a good backfire!

    • MM says:

      Was it not here yesterday that the indian national health authority banned HCQ?

      This very strange:

      – Why should a doc lie that HCQ works when in fact it kills?
      – Why should a doc lie that HCQ does not work and thus kills because C19 can not be treated?

  40. StarvingLion says:

    Blah Blah Blah

    Bank Run in progress will become more visible to the sheeple now. The cover stories (convid, cyber inside jobs, etc) to hide the financial fraud are so yesterday.

    At WTI > 70 what now? The internet “eco-system” will come unglued starting in July. Daily cyber “attacks” (inside jobs) will be happening and most people in the scam coin exchanges and even ordinary brokerage accounts will simply vanish, their riverboat gambling days over for good.

    The gubamints will have to acknowledge that the housing ponzi is blowing up in their face, they are flat broke and power outages will become common.

    Meat will disappear on the shelves mimicking the toilet paper debacle before.

    “What no ‘vaccine’ proof?” Internet access shut off

    Now imagine what it will be like when WTI = 150?

    • We do seem to be right next to a bubble that is about to pop.

      If WTI goes to $150, we will probably be dealing with food prices that are way too high for people to afford. There will be protests everywhere. Oil demand still seems to be way down, so it is hard to see oil hitting $150 any time soon.

      • StarvingLion says:

        Its about Agenda and stark reality: The Bubbles Cannot Be Allowed To Burst.

        Therefore how can oil go down?

        Surely the lie that inflation is ‘transitory’ means that oil is NOT going down.

        • davidinamonthorayearoradecade says:

          I like bubbles. ………………………………………………………………………………………………………….. yes for the near term, oil is probably not going down. WTI is right at 70. For July, I predict 71.

  41. Ed says:

    Can some UK person tell me why UK can not just let NI be free, its own country?

    • Malcopian says:

      The Good Friday Agreement specifies that the Northern Irish, and even the Southern Irish, must decide this. An independent Northern Ireland might upset the Republic. But not all the Irish want Northern Ireland. It would be a heavy financial burden.

      Back in 1981, while on holiday in Switzerland, I spoke to a couple of young lads from the Republic about unification. Their response: “We want not’in’ to do wit’ dem t’ugs!” (Nothing to do with those thugs – thinking of the IRA).

      For me as an Englishman, I was pained by the terrorism of former years. I used to joke that ‘Ulster is an ulcer on the body politic’. For many English, we would breathe a sigh of relief if Northern Ireland left the Union. I do like the Northern Irish themselves, though, and love the accent. But it is a complex situation.

      The Queen herself had an uncle murdered by the IRA (Lord Mountbatten), yet still she found it in herself to say this in Dublin in 2011:

      https://www.youtube.com/watch?v=HKz-6vn_i00

      “We can all see things that we would wish had been done differently, and or not at all”.

      When the Queen offered her ‘sincere thoughts’, my jaw dropped. I knew she was thinking of her personal loss. And of course, there were NO winners in that conflict. All sides suffered.

      Personally, I would like to see a happily reunified Ireland.

      • Malcopian says:

        I sometimes notice this lady in the street; the IRA Conservative, as I call her. I kid you not!

        https://en.wikipedia.org/wiki/Maria_Gatland

        Here she is in 1972:

        https://www.youtube.com/watch?v=CfPzLZfkf4U

        But she left the IRA, fled to England, married a businessman, and joined the Conservative Party. It’s all true! She is a tiny woman, probably about 4 foot nine, but very trim and always smartly dressed.

      • Fast Eddy says:

        What’s wrong with these Millennials? They think marching round and round and burning some tires it going to change things…. they threaten to Burn It Down… well burn it… set fire to some buildings…. of course if you want to get the attention of the government… you do this…. over… and over .. and over….

        https://youtu.be/3s1iH3z8EhY

        • Herbie R Ficklestein says:

          It’s obvious we are not living in a representative government but a plutocracy of privileged interests…and you are correct the only way for them to be noticed is to act out where the privileged have to notice! That is what they are afraid of…the crazy rabble igniting a revolution to overturn the current social order.
          PS If they become too much of a problem, the Homeland Guards will round them up..

    • I am not a UK person but it has to do with pride. Not too many people in England give a rat’s ass on the people living in NI, but some people think giving up all of Ireland hurts national pride and that means UK becomes an insignificant country past its prime

      • Tim Groves says:

        As a English Briton with a mix of Anglo-Saxon and Celtic blood with just a dash of Viking, I can tell you that we are quite used to loosing territory. Indeed, our current Queen, who God has done such a good job of saving, has lost more territory than any other reigning monarch in history.

        • Malcopian says:

          Yes, I agree with that. There’ll always be an England. So I do not worry if the other countries peel away from the UK.

          As for Ed’s question about NI becoming free, that’s the one option nobody talks about. NI is seen as either staying within the UK or merging with the Republic. I have never heard anybody take the idea of an independent NI seriously.

          • Minority Of One says:

            “I have never heard anybody take the idea of an independent NI seriously.”

            Agreed. I have never heard of that as an option before.

          • Fast Eddy says:

            I just want more bombings and carnage to keep me entertained as we get ready to crash into the ice berg… the politics are of no interest….. how can we make this happen?

          • Because it is economically unviable.

            England helped to create the monstoristy called North Cyprus by refusing to let Greece annex the island , citing the ‘rights’ of the Turkish minority.

            As a result, North Cyprus, having no particular thing to sell to the world, has become the center of illegal gambling.

  42. Malcopian says:

    So, the Fourth Industrial Revolution is underway – or so some of us would like to hope. How does this fit in with UFOs? According to Richard Dolan, in his book “The Alien Agendas: A Speculative Analysis of Those Visiting Earth”, the ‘aliens’ are very interested in this apparent process that is taking place on Earth. From the Amazon review:

    “This is both a careful review of the best evidence we have of human-alien interaction, as well as a bold speculation of just who the aliens are and what they want.”

    And from David M. Jacobs: “Walking Among Us: The Alien Plan to Control Humanity”.

    Amazon review:

    In his 1998 book, The Threat, Jacobs uncovered disconcerting reports about aliens’ plans for the future of Earth. He reported that a change is coming; a future when very human-like hybrids would intermingle with humans in everyday life. Soon we will all be together, the aliens said. Soon everyone will be happy and everyone will know his place.

    This book examines a chilling phenomenon that Jacobs began noticing in 2003. The alien integration action plan has kicked into high gear. The incidents of alien abductions have declined as occurrences of alien involvement in everyday life have accelerated. A silent and insidious invasion has begun. Alien hybrids have moved into your neighbourhood and into your workplace. They have been trained by human abductees to pass, to blend in to society, to appear as normal as your next door neighbour.

    This book illustrates in detail the process of alien integration into society and the strategy and support structure that has been developed to make this happen seamlessly. While he is not certain why they are doing it, the final chapter of the book will provide some chilling possible answers as to why they are here and what they want to accomplish.

    Jacobs is a careful researcher who has investigated more than 1150 abduction events experienced by more than 150 abductees. This book focuses on the experiences of thirteen abductees.

  43. Sven Røgeberg says:

    From the new issue of the Economist:
    «Our cover this week looks at the green-investment boom—and the bottlenecks that threaten to hold it back. Already, supply-side strains are growing. The price of a basket of five minerals used in electric cars and power grids has soared by 139% in the past year. Timber mafias are roaming Ecuadorean forests to find balsa wood used in wind-turbine blades. As a mass of money chases a few renewable-energy firms, valuations have become bubbly. What makes these signs of overstretch so striking is that they are materialising even as the energy transition has barely begun. A sobering $35trn or so of investment will be needed in the next decade.

    The priority for governments should be to encourage this surge in private investment, in two ways: by easing planning rules, and by helping companies and investors deal with risks. Green bottlenecks are a sign that decarbonisation is at last shifting from theory to reality. A powerful push is now needed to help make the revolution happen»
    https://www.economist.com/

    • to repeat myself ad nauseam:

      we are slipping into a lifestyle of energy-chasing

      rather than energy producing/converting we have been used to

      • Tim Groves says:

        As a generalization, your observation has a lot going for it.

        It will be interesting to see how the current energy-chasing lifestyle develops, because the resources we are chasing are extremely finite compared to what would slake our collective thirst for energy.

        • the point is—it can’t develop because ultimately it does not produce sufficient surplus

          our current lifestyle is a construct of surpluses, human ingenuity and cleverness have been an extract of that.

          our problem is we have come to regard our situation as the reverse of that equation

    • davidinamonthorayearoradecade says:

      I hope “green bottlenecks” gains traction and becomes well known, because those bottlenecks are only going to get worse.

      • Sam says:

        BAU tonight baby 🤣!!!! It’s all just a scam to make us think they are doing something…

    • The whole decarbonization story is built on faulty assumptions. It can’t work, with $35 trillion investment in the next decade, or $70 trillion in investment in the next decade.

      The decarbonization story needs to be understood as wishful thinking. It is how people would like the system to work, not how the system really can work.

      • Duncan Idaho says:

        Earth will go through “decarbonization”.
        I doubt any humans will be around then.

  44. Not sure who Max Burns is, but this was interesting:
    “At the Senate Homeland Security hearing on the Colonial Pipeline hack today, Colonial’s CEO just admitted to @HawleyMO that almost all of the employees who know how to manually operate the company’s pipelines are either retired or dead, and newer employees don’t know how.”
    https://twitter.com/themaxburns/status/1402285368699932673

    • My father used to complain about all of the physicians who did not know how to make diagnoses without today’s fancy tests. My father passed away several years ago. I am certain the situation with physicians is pretty much the same. The only approach they know for diagnosing almost anything is a high-tech approach.

      • Xabier says:

        It sounds as though your father was a true physician, Gail.

        I’ve been watching a conference speech by a leading Transhumanist: he would describe these people who can do nothing much without devices as ‘Homo Sapiens Sapiens.net.’

        A ‘completely new species’, apparently.

        Destined, one suspects, to a very premature extinction……

      • Xabier says:

        ‘Trust in the AI God, but do make sure you know how to tie a camel up’?

      • Artleads says:

        Sounds like we should value older people’s knowledge more, and keep them alive longer. But quite a lot of useful knowledge is embedded in old things that we throw away.

      • However that meant there were quite a lot of misdiagnosis. For example we don’t know of what disease Prince Albert, Victoria’s husband, died of. There are several theories but the medicine of the day , with the highest doctors of the Empire, could not figure out the second most powerful person’s disease. Same thing with James Garfield, whose doctors failed to find the bullet and he died.

        Medicine before 1945 and after that are basically different animals