I have written many posts relating to the fact that we live in a finite world. At some point, our ability to extract resources becomes constrained. At the same time, population keeps increasing. The usual outcome when population is too high for resources is “overshoot and collapse.” But this is not a topic that the politicians or central bankers or oligarchs who attend the World Economic Forum dare to talk about.
Instead, world leaders find a different problem, namely climate change, to emphasize above other problems. Conveniently, climate change seems to have some of the same solutions as “running out of fossil fuels.” So, a person might think that an energy transition designed to try to fix climate change would work equally well to try to fix running out of fossil fuels. Unfortunately, this isn’t really the way it works.
In this post, I will lay out some of the issues involved.
[1] There are many different constraints that new energy sources need to conform to.
These are a few of the constraints I see:
- Should be inexpensive to produce
- Should work with the current portfolio of existing devices
- Should be available in the quantities required, in the timeframe needed
- Should not pollute the environment, either when created or at the end of their lifetimes
- Should not add CO2 to the atmosphere
- Should not distort ecosystems
- Should be easily stored, or should be easily ramped up and down to precisely match energy timing needs
- Cannot overuse fresh water or scarce minerals
- Cannot require a new infrastructure of its own, unless the huge cost in terms of delayed timing and greater materials use is considered.
If an energy type is simply a small add-on to the existing system, perhaps a little deviation from the above list can be tolerated, but if there is any intent of scaling up the new energy type, all of these requirements must be met.
It is really the overall cost of the system that is important. Historically, the use of coal has helped keep the overall cost of the system down. Substitutes need to be developed considering the overall needs and cost of the system.
The reason why the overall cost of the system is important is because countries with high-cost energy systems will have a difficult time competing in a world market since energy costs are an important part of the cost of producing goods and services. For example, the cost of operating a cruise ship depends, to a significant extent, on the cost of the fuel it uses.
In theory, energy types that work with different devices (say, electric cars and trucks instead of those operated by internal combustion engines) can be used, but a long delay can be expected before a material shift in overall energy usage occurs. Furthermore, a huge ramp up in the total use of materials for production may be required. The system cannot work if the total cost is too high, or if the materials are not really available, or if the timing is too slow.
[2] The major thing that makes an economy grow is an ever increasing supply of inexpensive-to-produce energy products.
Food is an energy product. Let’s think of what happens when agriculture is mechanized, typically using devices that are made and operated using coal and oil. The cost of producing food drops substantially. Instead of spending, for example, 50% of a person’s wages on food, the percentage can gradually drop down to 20% of wages, and then to 10% of wages for food, and eventually even, say, to 2% of wages for food.
As spending on food falls, opportunity for other spending arises, even with wages remaining relatively level. With lower food expenditures, a person can spend more on books (made with energy products), or personal transportation (such as a vehicle), or entertainment (also made possible by energy products). Strangely enough, in order for an economy to grow, essential items need to become an ever decreasing share of everyone’s budget, so that citizens have sufficient left-over income available for more optional items.
It is the use of tools, made and operated with inexpensive energy products of the right types, that leverages human labor so that workers can produce more food in a given period of time. This same approach also makes many other goods and services available.
In general, the less expensive an energy product is, the more helpful it will be to an economy. A country operating with an inexpensive mix of energy products will tend to be more competitive in the world market than one with a high-cost mix of energy products. Oil tends to be expensive; coal tends to be inexpensive. This is a major reason why, in recent years, countries using a lot of coal in their energy mix (such as China and India) have been able to grow their economies much more rapidly than those countries relying heavily on oil in their energy mixes.
[3] If energy products are becoming more expensive to produce, or their production is not growing very rapidly, there are temporary workarounds that can hide this problem for quite a number of years.
Back in the 1950s and 1960s, world coal and oil consumption were growing rapidly. Natural gas, hydroelectric and (a little) nuclear were added, as well. Cost of production remained low. For example, the price of oil, converted to today’s dollar value, was less than $20 per barrel.
Once the idyllic 1950s and 1960s passed, it was necessary to hide the problems associated with the rising cost of production using several approaches:
- Increasing use of debt – really a promise of future goods and services made with energy
- Lower interest rates – permits increasing debt to be less of a financial burden
- Increasing use of technology – to improve efficiency in energy usage
- Growing use of globalization – to make use of other countries’ cheaper energy mix and lower cost of labor
After 50+ years, we seem to be reaching limits with respect to all of these techniques:
- Debt levels are excessive
- Interest rates are very low, even below zero
- Increasing use of technology as well as globalization have led to greater and greater wage disparity; many low level jobs have been eliminated completely
- Globalization has reached its limits; China has reached a situation in which its coal supply is no longer growing
[4] The issue that most people fail to grasp is the fact that with depletion, the cost of producing energy products tends to rise, but the selling prices of these energy products do not rise enough to keep up with the rising cost of depletion.
As a result, production of energy products tends to fall because production becomes unprofitable.
As we get further and further away from the ideal situation (oil less than $20 per barrel and rising in quantity each year), an increasing number of problems crop up:
- Both oil/gas companies and coal companies become less profitable.
- With lower energy company profits, governments can collect less taxes from these companies.
- As old wells and mines deplete, the cost of reinvestment becomes more of a burden. Eventually, new investment is cut back to the point that production begins to fall.
- With less growth in energy consumption, productivity growth tends to lag. This happens because energy is required to mechanize or computerize processes.
- Wage disparity tends to grow; workers become increasingly unhappy with their governments.
[5] Authorities with an incorrect understanding of why and how energy supplies fall have assumed that far more fossil fuels would be available than is actually the case. They have also assumed that relatively high prices for alternatives would be acceptable.
In 2012, Jorgen Randers prepared a forecast for the next 40 years for The Club of Rome, in the form of a book, 2052, with associated data. Looking at the data, we see that Randers forecast that world coal consumption would grow by 28% between 2010 and 2020. In fact, world coal consumption grew by 0% in that period. (This latter forecast is based on BP coal consumption estimates for 2010 and 2019 from BP’s Statistical Review of World Energy 2020, adjusted for the 2019 to 2020 period change using IEA’s estimate from its Global Energy Review 2021.)
It is very easy to assume that high estimates of coal resources in the ground will lead to high quantities of actual coal extracted and burned. The world’s experience between 2010 and 2020 shows that it doesn’t necessarily work out that way in practice. In order for coal consumption to grow, the delivered price of coal needs to stay low enough for customers to be able to afford its use in the end products it provides. Much of the supposed coal that is available is far from population centers. Some of it is even under the North Sea. The extraction and delivery costs become far too high, but this is not taken into account in resource estimates.
Forecasts of future natural gas availability suffer from the same tendency towards over-estimation. Randers estimated that world gas consumption would grow by 40% between 2010 and 2020, when the actual increase was 22%. Other authorities make similar overestimates of future fuel use, assuming that “of course,” prices will stay high enough to enable extraction. Most energy consumption is well-buried in goods and services we buy, such as the cost of a vehicle or the cost of heating a home. If we cannot afford the vehicle, we don’t buy it; if the cost of heating a family’s home rises too high, thrifty families will turn down the thermostat.
Oil prices, even with the recent run-up in prices, are under $75 per barrel. I have estimated that for profitable oil production (including adequate funds for high-cost reinvestment and sufficient taxes for governments), oil prices need to be over $120 per barrel. It is the lack of profitability that has caused the recent drop in production. These profitability problems can be expected to lead to more production declines in the future.
With this low-price problem, fossil fuel estimates used in climate model scenarios are almost certainly overstated. This bias would be expected to lead to overstated estimates of future climate change.
The misbelief that energy prices will always rise to cover higher costs of production also leads to the belief that relatively high-cost alternatives to fossil fuels would be acceptable.
[6] Our need for additional energy supplies of the right kinds is extremely high right now. We cannot wait for a long transition. Even 30 years is too long.
We saw in section [3] that the workarounds for a lack of growing energy supply, such as higher debt and lower interest rates, are reaching limits. Furthermore, prices have been unacceptably low for oil producers for several years. Not too surprisingly, oil production has started to decline:
What is really needed is sufficient energy of the right types for the world’s growing population. Thus, it is important to look at energy consumption on a per capita basis. Figure 2 shows energy production per capita for three groupings:
- Tier 1: Oil and Coal
- Tier 2: Natural Gas, Nuclear, and Hydroelectric
- Tier 3: Other Renewables, including Intermittent Wind and Solar
Figure 2 shows that the biggest drop is in Tier 1: Coal and Oil. In many ways, coal and oil are foundational types of energy for the economy because they are relatively easy to transport and store. Oil is important because it is used in operating agricultural machinery, road repair machinery, and vehicles of all types, including ships and airplanes. Coal is important partly because of its low cost, helping paychecks to stretch further for finished goods and services. Coal is used in many ways, including electricity production and making steel and concrete. We use coal and oil to keep electricity transmission lines repaired.
Figure 2 shows that Tier 2 energy consumption per capita was growing rapidly in the 1965 to 1990 period, but its growth has slowed in recent years.
The Green Energy sources in Tier 3 have been growing rapidly from a low base, but their output is still tiny compared to the overall output that would be required if they were to substitute for energy from both Tier 1 and Tier 2 sources. They clearly cannot by themselves power today’s economy.
It is very difficult to imagine any of the Tier 2 and Tier 3 energy sources being able to grow without substantial assistance from coal and oil. All of today’s Tier 2 and Tier 3 energy sources depend on coal and oil at many points in the chain of their production, distribution, operation, and eventual recycling. If we ever get to Tier 4 energy sources (such as fusion or space solar), I would expect that they too will need oil and/or coal in their production, transport and distribution, unless there is an incredibly long transition, and a huge change in energy infrastructure.
[7] It is easy for energy researchers to set their sights too low.
[a] We need to be looking at the extremely low energy cost structure of the 1950s and 1960s as a model, not some far higher cost structure.
We have been hiding the world’s energy problems for years behind rising debt and falling interest rates. With very high debt levels and very low interest rates, it is becoming less feasible to stimulate the economy using these approaches. We really need very inexpensive energy products. These energy products need to provide a full range of services required by the economy, not simply intermittent electricity.
Back in the 1950s and 1960s, the ratio of Energy Earned to Energy Investment was likely in the 50:1 range for many energy products. Energy products were very profitable; they could be highly taxed. The alternative energy products we develop today need to have similar characteristics if they truly are to play an important role in the economy.
[b] A recent study says that greenhouse gas emissions related to the food system account for one-third of the anthropogenic global warming gas total. A way to grow sufficient food is clearly needed.
We clearly cannot grow food using intermittent electricity. Farming is not an easily electrified endeavor. If we do not have an alternative, the coal and oil that we are using now in agriculture really needs to continue, even if it requires subsidies.
[c] Hydroelectric electricity looks like a good energy source, but in practice it has many deficiencies.
Some of the hydroelectric dams now in place are over 100 years old. This is nearing the lifetime of the concrete in the dams. Considerable maintenance and repair (indirectly using coal and oil) are likely to be needed if these dams are to continue to be used.
The water available to provide hydroelectric power tends to vary greatly over time. Figure 3 shows California’s hydro electricity generation by month.
Thus, as a practical matter, hydroelectric energy needs to be balanced with fossil fuels to provide energy which can be used to power a factory or heat a home in winter. Battery storage would never be sufficient. There are too many gaps, lasting months at a time.
If hydroelectric energy is used in a tropical area with dry and wet seasons, the result would be even more extreme. A poor country with a new hydroelectric power plant may find the output of the plant difficult to use. The electricity can only be used for very optional activities, such as bitcoin mining, or charging up small batteries for lights and phones.
Any new hydroelectric dam runs the risk of taking away the water someone else was depending upon for irrigation or for their own electricity generation. A war could result.
[d] Current approaches for preventing deforestation mostly seem to be shifting deforestation from high income countries to low income countries. In total, deforestation is getting worse rather than better.
Figure 4 shows that deforestation is getting rapidly worse in Low Income countries with today’s policies. There is also a less pronounced trend toward deforestation in Middle Income countries. It is only in High Income countries that land areas are becoming more forested. In total (not shown), the forested area for the world as a whole falls, year after year.
Also, even when replanting is done, the new forests do not have the same characteristics as those made by natural ecosystems. They cannot house as many different species as natural ecosystems. They are likely to be less resistant to problems like insect infestations and forest fires. They are not true substitutes for the forest ecosystems that nature creates.
[e] The way intermittent wind and solar have been added to the electric grid vastly overpays these providers, relative to the value they add to the system. Furthermore, the subsidies for intermittent renewables tend to drive out more stable producers, degrading the overall condition of the grid.
If wind and solar are to be used, payments for the electricity they provide need to be scaled back to reflect the true value that they add to the overall system. In general, this corresponds to the savings in fossil fuel purchases that electricity providers need to make. This will be a small amount, perhaps 2 cents per kilowatt hour. Even this small amount, in theory, might be reduced to reflect the greater electricity transmission costs associated with these intermittent sources.
We note that China is making a major step in the direction of reducing subsidies for wind and solar. It has already dramatically cut its subsidies for wind energy; new subsidy cuts for solar energy will become effective August 1, 2021.
A major concern is the distorting impact that current pricing approaches for wind and solar have on the overall electrical system. Often, these approaches produce very low, or negative, wholesale prices for other providers. Nuclear providers are especially harmed by such practices. Nuclear is, of course, a low CO2 electricity provider.
It seems to me that in each part of the world, some utility-type provider needs to be analyzing what the overall funding of the electrical system needs to be. Bills to individuals and businesses need to reflect these actual expected costs. This approach might avoid the artificially low rates that the current pricing system often generates. If adequate funding can be achieved, perhaps some of the corner cutting that leads to electrical outages, such as recently encountered in California and Texas, might be avoided.
[8] When I look at the requirements for a successful energy transition and the obstacles we are up against, it is hard for me to see that any of the current approaches can be successful.
Unfortunately, it is hard for me to see how intermittent electricity can save the world economy, or even make a dent in our problems. We have searched for a very long time, but haven’t yet found solutions truly worth ramping up. Perhaps a new “Tier 4 approach” might be helpful, but such solutions seem likely to come too late.
Hmmm… this version puts the blame for what is coming on the UNinjected….
Covid 19 coronavirus: Unvaccinated people are ‘variant factories’, US expert says
Unvaccinated people are not only at risk of catching Covid-19 – but also at risk of creating new variants, an infectious disease specialists say.
Unvaccinated people do more than merely risk their own health. They’re also a risk to everyone if they become infected with coronavirus, infectious disease specialists said.
“Unvaccinated people are potential variant factories,” Dr William Schaffner, a professor in the Division of Infectious Diseases at Vanderbilt University Medical Centre, told CNN.
“The more unvaccinated people there are, the more opportunities for the virus to multiply,” Schaffner added, explaining how the multiplication of the virus can also lead to mutations and the creation of new variants.
“When it does, it mutates, and it could throw off a variant mutation that is even more serious down the road.”
While not all mutations result in new variants, the expert explained that some mutations can give the virus an advantage such as better transmissibility and eventually make the virus strong enough to outcompete other viruses.
If a mutant version of a virus becomes strong enough, through multiplication, it becomes its own variant, as it has happened since the start of the pandemic.
“As mutations come up in viruses, the ones that persist are the ones that make it easier for the virus to spread in the population,” Andrew Pekosz, a microbiologist and immunologist at the Johns Hopkins Bloomberg School of Public Health, also told CNN.
https://www.nzherald.co.nz/world/covid-19-coronavirus-unvaccinated-people-are-variant-factories-us-expert-says/ZSEVVX23WBEFCTXQQRE3A7UYHU/
The global battle line is drawn at vaccinations. Everybody should get that clear.
GVB response https://www.geertvandenbossche.org/post/the-chicken-and-egg-problem-which-came-first
Of course this will be ignored… and if a CovIDIOT were to read it … GVB would be wrong because the MSM is running the opposite narrative… and the MSM does not lie.
And we’ve walked on the moon.
Get ready to die Duncnorm…. because the MSM has confirmed Devil Covid is coming…. doesn’t matter that they are turning the circle into a square…. it’s coming.
We are here:
https://youtu.be/Gq_bjaI0NTo?t=8
Thanks for posting this. Here is the most important paragraph in GVB’s latest article. He has it as a single paragraph, but I’ve broken it up for ease of reading.
As already mentioned on multiple occasions, molecular epidemiologist have shown that population-level S protein-directed immune pressure is now driving the propagation of variants that are increasingly evolving mutations enabling resistance to S-specific antibodies (as now massively induced by the ongoing vaccination campaigns). As more infectious variants bind to the cellular Ace-2 receptor with enhanced binding strength, the Ace-2 receptor more readily outcompetes S-specific antibodies for binding to these variants.
Consequently, these variants gain a competitive advantage when replicating in individuals who exert strong S-directed immune pressure on the virus (i.e., in vaccinees!), especially upon incorporating additional mutations (within the RBD) that prevent direct binding of S-specific vaccinal antibodies. Variants that are increasingly resistant to S-specific antibodies (e.g., delta and delta plus variant) can only adapt to the population provided the S-directed immune pressure is widespread in the population. This is, of course, the case if larger parts of the population get vaccinated and when vaccinees can easily transmit the variant due to relaxation of infection prevention measures.
In principle, non-vaccinated individuals who are in good physical and mental health can deal with all variants, provided the infectious viral pressure does not exceed a certain threshold. This is because their innate antibodies have relatively lower affinity for the virus. However, breeding of more infectious and more anti-S antibody-resistant variants in vaccinees will inevitably enhance viral replication and transmissibility in vaccinees, thereby raising the infectious pressure and increasing the likelihood for non-vaccinated subjects to become re-infected while their natural/ innate antibodies (Abs) are being suppressed by short-lived S-specific Abs (elicited as a result from previous asymptomatic infection).
So, ‘yes’, some non-vaccinated people will become susceptible to the disease and then contribute to further propagation of these variants. It’s important to note, however, that this is a result and not the source of the enhanced evolution of the virus. So, not the non-vaccinated individuals but the vaccinees are now responsible for driving Sars-CoV-2 evolutionary dynamics.
It’s also important to note that non-vaccinated people will not contribute to natural selection as they will either eliminate the virus (thanks to their innate antibodies in synergy with natural killer cells) or become susceptible to Covid-19 disease due to suppression of their innate immune defense. Short-term shedding of low concentrations of viral variants by asymptomatically infected, non-vaccinated people is a direct consequence of shifting natural immune selection forces that are increasingly coming into play as a result of mass vaccination. This will ultimately put the vaccinees in much worse shape than the non-vaccinated as the latter will still be able to rely on their innate Abs.
More shocking numbers… making cars is energy intensive…
https://wolfstreet.com/2021/07/03/semiconductor-shortage-slams-auto-sales-in-june-ford-swoons-toyota-after-hoarding-chips-blows-away-gm-for-first-time-ever/
https://wolfstreet.com/2021/06/30/is-this-inflation-temporary-vehicle-prices-go-nuts-dealers-make-record-profits-consumers-pay-whatever-it-takes-whole-mindset-changed/
Wolf Richter is still a wanker.
Even if the prices of cars go up, if fewer cars are sold, there will be fewer jobs for workers. The lack of workers with jobs adversely affects demand for goods of all kinds.
Quite a few people have extra money in their bank accounts. They can afford a higher price right now.
I am wondering where people are getting the money to pay these prices… obviously money has been made in the markets… but that’s mostly wealthy getting wealthier… the salaried worker is not wealthier…. and they comprise the majority…
Assume debt financing + mega low interest rates are driving this….
A famous British sociologist told me, “The prospect of owning a motor car has sterilized the English middle class.” He’s right. People have fewer children because they have to spend money on other things, cars and gasoline in particular. My father was one of eleven children; my mother one of nine.
I have only one sister and four children, but I have five most excellent grandchildren. I look forward to becoming a great grandfather in the near future.
Don – sorry to break it to you … (well not really)… but that’s not going to happen.
We are being exterminated — connect the dots:
https://www.geertvandenbossche.org/post/the-chicken-and-egg-problem-which-came-first
The sociologist missed the point.
the early motor car was developed as a replacement for the horse.
owning a horse was always the privilege of the middle classes (somewhere to put it was important)
as car numbers expanded, shopping /leisure habits changed.
Suddenly we could all own a ‘horse’.
But the little corner shop (our food repository) gradually became uneconomical. Which meant food supplies might be several miles away in superstores.
We all had to use our ‘horses’ to collect food supplies.
It isn’t practical to walk several miles a day carrying groceries. Especially if ‘work’ is several miles away in a different direction.
I think the ‘fewer children’ thing is linked to different spending patterns, but also to easy access to birth control
I think you are right.
You say, “owning a horse was always the privilege of the middle classes.”
In fact, the wealthy could even give some of their children horses of their own. When I visited a museum about Franklin D. Rosevelt, one of the things that it mentioned was that as a child, his parents gave him his own horse. When I visited the boyhood home of Jimmy Carter (a very fancy farm in southern Georgia), one of the things that I was told was he was given a horse as a child.
The self-organizing system gets rid of unneeded parts. The little grocery stores that catered to those walking get replaced by huge stores, aimed at those driving. Having a refrigerator at home cut down on the number of shopping trips required, as well. In parts of the world with intermittent electricity, refrigerators are uncommon.
The British sociologist, MacDonald, was right; he had good solid research to defend his hypothesis.
solid research can follow a certain (usually pre-chosen) path and arrive at conclusions, (usually within the parameters of the path followed.)
Arriving at a ‘conclusion’ about fewer children being weirdly the result of access to motor vehicles is a typical case in point.
Recalling my misspent youth, access to (my dad’s) car had the opposite effect. (Ah –what lunatic car designer got rid of bench seats? He was as much at fault as anybody)
Upper/middle classes are usually better educated and ‘aware’ of social problems. They don’t want hordes of kids.
This is why the wives of the upper classes tolerated mistresses—-they didn’t want to get pregnant. Abortions have always been available to the better off.
Hubby went elsewhere. They usually weren’t very good at it anyway. Or they just fooled around with the maids below stairs.
Any Offspring didn’t inherit the estate, a pregnant servant would be turned out of the house.
That didn’t apply to the ‘lower orders’ because there wasn’t so much physical time and space to indulge in such shenanigans…hence the multi production of kids. My G/grandparents had 21–my g- parents had 9, I had 3 then found one day I had an appointment with the vet.
I drove to his surgery–thats probably where the idea of being sterilised by car came from.
Such a privilege wasn’t available to previous generations, neither was reliable birth control
fewer kids releases money for ‘other things’, but it is/was a matter of choice. Having to choose between petrol and family size is nonsense.
The above I think destroys his hypothesis. He obviously had a bee in his bonnet about cars destroying the environment—which is of course correct. Latching that thought onto family sizes doesn’t continue that correctness.
Getting rid of cars and somehow having bigger families, is, to put it politely, misguided. Blinkered research without employing logic often does that. Especially to ‘experts’ in their field.
The more expert they become, the less they see on either side of the problem.
You are mistaken. British aristocrats have been having large families for at least 300 years and they still do. Working class Brits used to ride motorcycles and that was a social revolution, because it meant they could go many miles from their village or town and meet and often marry out-of-towners. In traditional societies people marry within their community to be near extended family and also because people raised in the same community have a lot in common and typically have good marriages.
I think we should leave it at that don
my weirdometer just went off the scale. (and I only recently got an extra-strength one to make comments back to Eddy)
well
I still say a bench seat on a 1950s car offered a better potential for the survival of the human race than a motorbike.
I’ve used both btw
so I bring a little experience to this discussion
Low birthrate from car sex. On the other hand, my youngest daughter was conceived on a small Sunfish sailboat on a calm day. We just covered up with the sail and went at it. Sex in a Sunfish is easy because of the way it is constructed–best to have woman on top, which happens to be my favorite position.
don–, I daresay my imagination runs far ahead of yours, and I’m not in the least prudish,
but there are some aspects of your day to day imaginings that we can live without
there are sites that cater for such sights
Don … have you ever starred in a p or n movie?
Porn bores me. I did finance one documentary film, about the Bhils in India, an interesting tribe.
don
wouldn’t it be easier to list the things you haven’t done
a shorter list anyway
Wild and Crazy don!
I dislike the thread of this discussion
all it’s done is give me an underwater image of the outline of a madly rocking sailboat
an incessant dumdumdumdumdum of approaching shark theme music
then big teeth crunching through your boat and ruining your afternoon conjugals.
Riding on buddy seat oif one cylinder motorcycle turns girls and women on. I had great success with my 200 c.c. Zundapp two-stroke one cylinder motorcycle.
yes don … you are a ladies man…. btw I’ve checked out your facebook profile and I can confirm that…
Madame Fast was asking’ Who’s THAT!’
Inciteful.
Dennis L.
yes YES!!!! put all these Injected CovIDIOTS into a barrel and churn them round and round!!!!!
And out of the primordial ooze… will emerge… Devil Covid. Great name… says everything you need to know…
https://www.dailymail.co.uk/news/article-9755425/Ministers-ditch-holiday-quarantine-double-jabbed-travellers-returning-amber-countries.html
late Q3? That suits me… the snow goes to crap in late September….. any time after mid-month is ok … ideally not August…
Coronavirus Variant Has Some Worried about a New Autumn Wave
Germany’s political leaders want to avoid further lockdowns and school closures this fall. But they are also warning that there may be fresh outbreaks with the spread of the delta variant. It seems almost inevitable that some measures will need to be taken.
https://www.spiegel.de/consent-a-?targetUrl=https%3A%2F%2Fwww.spiegel.de%2Finternational%2Fgermany%2Fthe-delta-dilemma-coronavirus-variant-has-some-worried-about-a-new-autumn-wave-a-fd5b7912-a08d-40a9-b72c-f9707d638872
And how delicious is it to think how the CovIDIOTS will be observing the doors sliding open … they will tentatively be enjoying reduced restrictions … believing the end is close…
Oh it’s close alright !!! hahaha….
They’ll see the light at the end of the tunnel – then WHAM!!! — this mutherf789er is gonna come back with a vengeance….
But they won’t have much time to experience despair … because this time it’s gonna be the Real Deal…. and they’ll be dying like chickens infected with Marek’s …
This tragedy puts Shakespeare to shame!!! Bravo Elders… absolutely brilliant.
https://media.giphy.com/media/jlDPCptTpMFQ1mDOaA/giphy.gif
Does anyone not feel a little bit sick to their stomach after reading that variant article? It’s a bit unsettling … even for a hard core doomer – no?
Weeks or months left? Hard to say…. but its Game On now.
The MSM is again telling us what the future brings… just as Bossche has anticipated the future…
The main difference is that Bossche asserts the the leaky vaccines will be the cause of the Deadly Variants that emerge..
Where he aligns with the MSM is that Bossche claims that opening up accelerates the breeding of a human version of Marek’s… because you put the mutating, strengthening versions of the virus… in contact with each other.
UK scientists caution that lifting of Covid rules is like building ‘variant factories’
UK scientists have warned that the lifting of all Covid-19 restrictions is like building new “variant factories” at a very fast rate, and said the attitude of the new health and social care secretary, Sajid Javid, is “frightening”.
Prof Susan Michie, the director of the Centre for Behaviour Change at University College London, and another member of Sage’s behavioural science subcommittee, tweeted: “Allowing community transmission to surge is like building new ‘variant factories’ at a very fast rate.”
https://www.theguardian.com/world/2021/jul/04/uk-scientists-caution-that-lifting-of-covid-rules-is-like-building-variant-factories
The next phase of this will be Devil Covid (multiple versions…) ….
It does appear the the die is now cast… nearly 1B are fully injected… well over 2 billion have at least one dose… that is likely already overkill in terms of how many need to be Injected to invoke Devil Covid…
Q3 — The Death Phase begins?
Javid is being positioned as the Good Guy really wanting to get back to a long-dead ‘normal’ – RIP winter of 2019.
An increase in ‘cases ( merely positive test results, easy to manipulate) and ‘Covid deaths (ditto) will then be used to justify continued lock-downs, masks, etc., and persecution of ‘Anti-vaxxers’. ‘ Oh dear, Javid was reckless, see what happens!’
This play is like ‘The Phantom of the Opera’ with every line drearily predictable…..
Susan Michie is unqualified to speak on this subject, still less to make prescriptions such as masks forever, etc.
And how sinister is ‘The Centre for Behaviour Change’? Just reflect on the implications of that!
The real issue may be all of the people who are not willing to go back to work, for fear of COVID. The number of people employed is way down. In the US, the latest total number employed is 145,759. This is between the 2016 and 2017 number employed, when the population was quite a bit lower. Of course, this is in the US. The drop in employment is likely worse in other countries around the world, due to the loss of tourism and the making of fancy clothing and trinkets to sell to tourists.
Meanwhile, they should be starting to worry about running out of funds? If so, there may be an opportunity for business places like stores, etc.to distribute the work to people’s homes. One store vehicle could reach 50 employee’s homes in a day, removing 50 employee vehicles from the road. There are, however, endless barriers against giving such prospects even a thought…
BREAKING NEWS…you’re goners by 2023.
LTO Survivor
Ignored
07/04/2021 at 10:12 pm
The Permian and all the shale was starting to tail off at the end of 2019. Companies were going bankrupt and PE was getting out of the business. Right after the huge Oxy mistake of overpaying for Anadarko, we could see the industry was starting to slow significantly. Then the price war at the beginning of Covid was the death nail. When you add ESG, Greta, Tesla, and carbon capture to the mix it was a perfect storm to destroy the industry. The industry may never come back. The futures market while efficient in a way treats oil and gas like soybeans or corn and prices oil as just in time inventory. One drop more than needed and the price gets obliterated. One drop less than needed and the price goes through the roof and unfortunately you go through periods of time where the market needs some stability at higher prices to induce investment. However, without the US shale, I believe we would have seen a market under supplied and probably an earlier and more desperate push for alternative energy. We have seen the peak and we better start conserving and looking for alternatives or we will be in sustained energy poverty.
Mark ingraham
Ignored
07/04/2021 at 9:29 pm
Dennis,
DUC counts fell from 7651 in December to 6521 in may, are we reading the same data?
https://www.eia.gov/petroleum/drilling/xls/duc-data.xlsx
It’s a consistent 2% monthly fall and half the DUCs are fake https://www.naturalgasintel.com/lower-48-duc-count-overstated-in-eia-data-says-raymond-james/
So 2 years left before DUCs are completely gone. Rig growth can be excused because it fell a lot, but even then it’s slowing down while productivity is falling faster.
DUCs are ultimately irrelevant because they will just interfere once they run out of land. It would be better to have “DUCs with spacing greater than a mile” or “sections with remaining DUCs” because the raw count includes spudders and useless crowded wells.
If you meant to say drilling has increased, that is futile. The hubbert curve is a physical principle and drilling for oil where it’s already overcrowded will be futile and result in falling productivity as we see.
A DUC needs to look like it probably will produce an economic amount of oil, or it never will be drilled. If drilling has gotten closer and closer, without a corresponding output, then many of the DUCs are likely worthless holes in the ground.
Sam Cooper’s new book says Kanada is just a Shell Corporation of the CCP…what will Gail say about this?
https://www.optimumpublishinginternational.com/wilful-blindness
Wilful Blindness: How a criminal network of narcos, tycoons, and ccp agents infiltrated the west
Sam Cooper
ABOUT THE AUTHOR: He is an award-winning Canadian journalist, cited as one of Canada’s top investigative reporters. Cooper started with a North Vancouver newspaper in 2006, and moved up to the Vancouver Province in 2009, where he started to investigate political corruption and real estate money laundering in Vancouver. Cooper broke the B.C. casino money laundering and “E-Pirate” story in 2017 at the Vancouver Sun and has now filed more than 50 exclusive stories on the widening scandal.
Willful Blindness seems to be highly rated on Amazon. It has been out since May 21, 2021.
This is one section of its write-up by the autho):
This is a link to a blog post with an audio interview with the author.
https://www.optimumpublishinginternational.com/blog-1/2021/5/16/roy-green-interviews-sam-cooperhttps/wwwoptimumpublishinginternational
Astro-not retard Donny Pettit is the greatest comedian of all time.
Video: “Astronauts are liars”
https://youtu.be/krzOUUryfXU
Anyone who has watched this… American Moon and Astronauts Gone Wild.. and still believes we have been to the moon … should buy a gun and shoot themselves in the head…
Anyone who refuses to watch … should buy a gun and….
It’s all about cleaning up the gene pool
Here’s one for Normie. HSBC stock will soon be worthless like my ETH crypto.
https://wolfstreet.com/2021/07/04/hsbc-in-big-trouble-in-its-biggest-market-china/#comments
HSBC in Big Trouble in its Biggest Market, China
by Nick Corbishley • Jul 4, 2021
HSBC, headquartered in the UK, is first and foremost an Asian bank. The Hongkong and Shanghai Banking Corporation Limited cut its teeth in the 19th century in Greater China. In 2020, its Mainland and Hong Kong operations accounted for 39% of its annual $50 billion in revenue, while the United Kingdom, its second largest market, brought in 28%. The bank is now selling off its retail banking units in France and the United States and scaling back its presence in some emerging markets in order to accelerate its eastward pivot.
But there’s a problem with this plan: Its success rests largely on the bank’s ability to maintain good relations with the Chinese government. And that is proving to be a tough proposition.
Relations have soured significantly over the past two years after it was revealed in 2019 that HSBC had ratted out Chinese telecom giant Huawei to the U.S. Department of Justice for breaching U.S. sanctions on Iran. The information provided by HSBC led to the arrest of Meng Wanzhou, Huawei’s chief financial officer and daughter of the company’s founder, in Vancouver in 2018.
As geopolitical tensions have escalated between the US and China, HSBC has had to walk a tightrope in its relations with China on the one hand and Washington and London on the other. The lenders’ travails reveal a core challenge for multinational firms operating in China: the market is vital to their growth prospects, but Western firms doing business there increasingly risk being mired in the ratcheting tensions between Beijing and the West.
I suppose all banks will eventually be worthless, but HSBC may get there sooner than others. From the article:
It is hard for a bank to shrink in size.
Gail I really do appreciate this web site…You don’t try to sell any stuff, there is no click bait, and it is the best site for me to get information. I also read Zero Hedge but it gets so political which I tend to lean to the right however I think that politics can blind you to what is really happening.
If anyone can recommend any other sites I would greatly appreciate it. I am in particular looking for something with what is happening economically
If you want to keep up economically, the two best sources are The Wall Street Journal and The economist. You can subscribe to get them online–not cheap, but well worth the money.
Great thanks Don! Can you please tell me what you thought about Triffens Paradox?
Anyone who pays for MSM is a mega fool
I agree Don though I only visit them after going to frontal-lobotomy-dyi.com and thegluesniffersperspective.com.
We agree on most of the important things, such as the quality of New Zealand Beer. What do you think of Waikato Brew 22; it is one of my favorites.
I’m Australian, New Zealander’s couldn’t make a beer that doesn’t taste like a shagged sheep. ;).
You need to drink quality like Victoria Bitter.
They don’t call it Melbourne piss for nothing.
I love Australian beer and drink a lot of it. I also like English real ale; the best is in Norfolk where they have 600 varieties of real ale. There is a grand tasting party at a big church in Norwich in the fall where you can sample about 200 ales. I used to bicycle from pub to pub in Norfolk and would stop at each one for their (usually) very good food and always good ale.
I also like German and Danish beer.
Thanks for those insights Don
Don,
Re the Economist, you are much better able to read it than I and one data point does not make a trend, but some years ago the front page predicted $10/barrel oil. I double down, long, good bet; sold my BPT north of $100 after purchasing for $5 or so. Some idiot at ASPO that year was predicting $300/barrel, good time to fade.
Tough to go against the front page of the Economist. Best feature for a long time was the McDonald’s index, is it still running?
Used to enjoy FT, read it on an exercise bike at a fitness center, tried to subscribe lately, only available here digitally, miss paper.
Dennis L.
With respect to “The economist,” about 95% of what it says is utter and complete garbage. Take whatever it says and reverse it.
The WSJ is better. I look at it to see what others are saying. The WSJ has some opinion articles that are “right on.” But it still errs in the direction of following MSM views.
No, “The Econmist” is excellent. It did make a mistake in predicting a low price for oil, but everybody makes mistakes. Even the great Milton Friedman made a mistake in his early work when he said the velocity of money is constant. The evidence proved him wrong so he changed his theory, which is now sound. You make a mistake in asserting that people cannot afford oil at $200 a barrel. In the U.K. and Western Europe gasoline is taxed at about $5 a gallon; the economy thrives and people still drive a lot. Always examine the evidence, and when you have new facts, change your mind.
The UK and Europe have (over time) got used to ‘taking less’ for their personal use from the ‘capital’ of oil.
That is why petrol users can go on paying $5 gallon. (for a while longer) We pay something like a real value for oil.
Americans on the other hand have never got used to such a level of taxation, and therefore take ‘more’ from the ‘capital’ of oil.
To Americans, oil has been virtually free, particularly so in the time of the ‘American Dream’. (Much like the Saudis now)
That is where the imbalance lies.
If the EU level of taxation was suddenly imposed on the USA, then the USA economic system would collapse, or there would be armed insurrection, or both.
This does not alter the future for either.
Neither system can go on indefinitely because the amount of surplus energy ‘capital’ in the system cannot support economies in their current form.
We pretend that it can by creating more and more debt.
so collapse is certain
The future is uncertain. As both a sociologist and an economist I have done a great deal of research on socioeconomic change and am a follower of the great sociologist William Fielding Ogburn. See especially his “The Social Effects of Aviation” published in the 1940s and correctly predicting the immense impact of air travel that we have seen since the 1950s.
I don’t think collapse is coming, but I keep a survival kit in my closet and also have two months supply of food and water in my apartment, because, as I said, the future is uncertain.
Good luck with your box of food and bottled water Don.
When the financial system fails… it all comes crashing down….
It’s likely you will be dead from Devil Covid before that happens … but if you are unlucky and find yourself alive…. you’ll get to starve…
I have read that it’s a pleasant way to die.
I agree, sort of, that collapse is uncertain. I assume that you mean where we are in the USA. Lebanon et al are surely heading for total economic breakdown, unless they can reverse the recent trend. For what I and others call The Core, the first world countries, it is uncertain if or when The Collapse may come. The minority view here is that the economy will degrade year by year due to diminishing returns on most resources, of which I am sure you have lots of up to date knowledge.
collapse is, and will be uneven.
we perhaps make the mistake of thinking that it will just ‘happen’
whereas as I see it, it has already happened in say, Lebanon,–or even if you live in a tent city in CA
They are perhaps just dress rehearsals for the rest of us
“Milton Friedman made a mistake in his early work when he said the velocity of money is constant.”?
“This paper has suggested a simple model that can account for the key anomalies of the traditional monetary approach. It disaggregates the quantity of credit into a ‘real’ and a financial circulation. In time periods, when the ratio of credit in the financial circulation to credit in the real circulation rises, the simple quantity theory must be expected to disappoint, as it is a special case of the more general quantity theorem of disaggregated credit. In such time periods, a financial boom is likely, as asset prices are driven up by speculative borrowing on the back of collateralised assets. This explains why the traditional monetary quantity theory was not popular in the 1920s and 1930s, and again in the late 1980s and early 1990s. Then the traditionally defined velocity of money declines and excess credit creation can ‘spill over’ as foreign investment. However, during time periods such as the 1950s, when in many countries credit was mainly channeled into the real economy, asset prices remained stable and the traditional quantity theory could be expected to hold. The fact that the model can account for the major anomalies observed in many countries over many time periods demonstrates generality and robustness.
The empirical results for the Japanese case have been unambiguously supportive. The Japanese asset bubble of the 1980s was due to excess credit creation by banks for speculative purposes, largely in the real estate market. The apparent velocity decline is shown to be due to a rise in credit money employed for financial transactions, while the correctly defined velocity of the real circulation is found to be very stable“
https://eprints.soton.ac.uk/36569/1/KK_97_Disaggregated_Credit.pdf
I like John Maynard Keynes’s “Treatise on Money.” Almost nobody reads it nowadays, but it is excellent. I also agree with Milton Friedman andAnna Schwartz monetary history of the U.S. I used to teach American Economic History, and it is fascinating.
Does the tax money in the UK recirculating in the economy help mitigate the cost?
I am more and more in agreement with Gail, read the Economist for years, they seemed to miss more than hit, but one’s mileage may vary.
Dennis L.
for straight up economics, you might like Dr. Tim Morgan https://surplusenergyeconomics.wordpress.com/ he goes beyond the standard stale economics you would find in mainstream publications. He adds to classic economics with the absolute essential perspective that the economy is energy based. Anything older than OFW and Dr. Morgan stuff is outdated and doesn’t describe reality accurately. Classic economic theory was created over hundreds of years with a background of ever rising net (surplus) energy, which is why they missed the actual energy base of economics, which could be passably ignored until the past couple of decades. There is one true basis for economics, and it is that it is based on net (surplus) energy.
I’d second that, but Tim Morgan, however clever, is unfortunately now hopelessly out of touch with the trend of economic and social policy.
There is a touch of the naive theorist about him, and he is blind to human nature.
He still believes governments have basically benign intentions and are merely misguided in their policies.
As such he offers no guide to action.
I used to think that as well but given some of his occasional short comments bellow the articles lately I guess he is black pilled to some extent as well, but not going publicly out about it too much..
In terms of “guide to action” in the final analysis the situation at hand boils down to [a bottle neck is a bottle neck] predicament. That’s the first over arching principle. Simply, the necessary combination of the right age, sheer luck in terms of positioning in space and time, skills-knowledge to navigate through is so uncommon and rare that it is a folly now to offer such guides to public at all..
To trivialize it the situation is like failed military campaign / war cascading events when in final retreat merely 1_in_1M of conscripts make it home.. for whatever bizzare set of circumstances..
Curiously, there was a kind of ‘bottleneck’ in the Dark Ages, as the great nobles of the 11th century did not on the whole come from the great families of the 8th century.
The most powerful people of their age, with wealth and armies at their command, were murdered, ran out of luck, didn’t produce enough heirs, died of disease and in war, and so .
Just as the constant civil wars in our part Spain in the 15th and 16th centuries, made gaps which allowed my family to rise, marrying the remnants of the old noble 11th-century noble families who wanted the money.
Now, I will die in this bottleneck, if the air pollution doesn’t get me first…..
Fate is everything, existence in turbulent ages is very brutal.
But what a spectacle if one can appreciate it!
Interesting, marriages are not always for love. I often wonder if ignoring genetics isn’t part of the problem with societies. At some point men marry for whatever impresses other men at the moment, women always try and marry up.
It works financially, but genetically not so much I think.
Dennis L.
Intelligent comment on economics can be found on YT: Neil McCoy-Ward (but he is falling foul of YT due to is attitude to the Great Re-set, Lynette Zang, George Gammon and Mark Moss.
Lots of good info if you allow for their biases.
The most important topics at present are the imminent introduction of CBDC’s, the implications of full digitisation and currency re-sets.
‘Programmable money’ – pay attention to what that means for you……
What this Guardian article doesn’t get or even mention is that say bye bye to industrial civilization if the Oil companies go away. This isn’t like attacking cigarette companies. Take away fossil fuels and you will have nothing to replace it because even solar and wind need fossil fuels to exist. The Klimate Change crowd just doesn’t get the predicament.
“Big oil and gas kept a dirty secret for decades. Now they may pay the price”
https://www.theguardian.com/environment/2021/jun/30/climate-crimes-oil-and-gas-environment?utm_source=pocket-newtab
From the Guardian, 2005.
The end of oil is closer than you think.
Oil production could peak next year, reports John Vidal. Just kiss your lifestyle goodbye
https://www.theguardian.com/science/2005/apr/21/oilandpetrol.news
Guardian 2006: Earth’s rural-urban balance tips:
https://www.theguardian.com/world/2006/mar/15/china.china
Doom is already well advanced. There is no way back.
2020: World’s consumption of materials hits record 100bn tonnes a year
Unsustainable use of resources is wrecking the planet but recycling is falling, report finds
https://www.theguardian.com/environment/2020/jan/22/worlds-consumption-of-materials-hits-record-100bn-tonnes-a-year
SEE!
The only solution is … extermination of all humans.
We are … the problem.
Wrong. See Robert Rapier’s forecasts; they have proven accurate over the last sixteen years.
“See Robert Rapier’s forecasts”
Summarise them for me?
Plenty of cheap oil for the next twenty years. Prices will fluctuate, but will never get to Matt Simmons’ forecast of $250 per barrel. When I read Simmons’ “Twilight in the Desert” I thought Simmons was right. But he wasn’t. Yergin and CERA are right in their forecasts.
The IEA used to have forecasts with $300 oil. It is amazing what prices economists seem to think are affordable. With these prices, all kinds of oil from shale becomes affordable to extract. So does very much heavy oil. It is all an illusion of economists, based on the hoped-for “benefit” of ever more debt, which is really a promise for the future benefits of energy products. Slick: Substitute promises for the real thing!
https://gailtheactuary.files.wordpress.com/2016/07/2015-iea-weo-figure-1-4.png
That oil is no longer cheap is evidenced by the fact that the global economy has had to take on ever greater quantities of debt in order to maintain its required growth trajectory, which it was struggling to achieve even before the pandemic.
Although some oil can be cheaply produced it is still not cheap relative to the budgeting requirements of the nations that produce it.
Capex on new oil production has been declining since 2014. Last year it was $330 billion – approximately half what it was back then.
Add to that divestment pressures from green lobbyists; the widespread assumption that we can painlessly pivot away from fossil fuels and the unpredictable behaviour of a nearly debt-saturated global economy bumping up ever harder against a whole range of growth-limits, Covid included, and you have a recipe not just for fluctuations in price but for systemically dangerous volatility in supply and prices.
Don’s a community college sociology teacher… he has tremendous gravitas.
Thank you. I am very proud to have taught philosophy, economics, sociology, and interdisciplinary humanities at Itasca Community College. It is consistently ranked among the nation;s top ten community colllege and the teaching is almost as good as that at the University of Chicago. It is better for teaching than the University of California at Berkely. I love to teach at a top school.
Congratulations Don… now is the time to tell us how you turned down multiple Ivy League opportunities because you preferred to teach at Buttf789 Community College.
That is correct. I always wanted to teach at a community college because I like their philosophy of open enrollment and taking each student as far as he or she could do. I love teaching because I’m very good at it; it gives me great satisfaction to teach. I am best at teaching sailing and have 9,000 hours of experience as an instructor at sailing clubs. For my epitaph I want it written: He helped two thousand people to learn to sail. I have never taken a dime for sailing instruction just as Socrates never took a drachma for teaching philosophy. What is valuable is not what you have but what you give away. I just gave my motorcycle to my eldest granddaughter because she wanted it and I didn’t need it. I can easily buy another motorcycle and am thinking of a Royal Enfield with sidecar. They are made in India but are of high quality. I love classic English motorcycles, and can buy them cheap because you have to kick start them, and nowadays most riders are such nambypambies that they demand automatic starting and will not buy kick start bikes. Do you ride motorcycles? They are a lot of fun. I’ve been riding since 1957 and have never had an accident, because I am both skilled and very careful.
Anything more you’d like to tell us don?
This is both entertaining and fascinating stuff!
you’re just jellus Eddy
Let’s call this : The Adventures of don millman – Living The Dream.
We could pitch this as a tv series… sort of a Jame’s Bondsy thing… we need an American in the lead… let’s get another famous don
http://quotivee.com/wp-content/uploads/2013/09/don-draper.jpeg
Does Robert still run a blog/newsletter? Was he a petroleum engineer in Scotland at one point? Guess I could do my own research, huh?
Dennis L.
Robert Rapier’s blog can be found at this link.
https://www.rrapier.com
This is a link to his Facebook page.
https://www.facebook.com/robert.rapier.1/
I believe that Robert Rapier is in the renewable energy sector now. He lists his current employment as “Environment, Health, and Safety Director at Proteum Energy, LLC”. Before that, he was “Director of Alternative Fuels Technology at Advanced Green Innovations.”
Robert Rapier has moved around from job to job quite a bit, based on my recollection over the past 15 years. He was on the staff of The Oil Drum when I was there. He has strong opinions, but tends to clash with others quite a bit.
On the Oil Drum when I agreed with Rapier (98% of the time) I was always right. When I disagreed with him–notability on the feasibility of scaling up production of ethanol from cellulose–I was wrong.
Oh – he’s in the renewable energy sector hahahahaha….. that’s like stating I’m a Clown Now.
I’ve known Rapier online for sixteen years. He is smarter than I am and knows a helluva lot more about oil than either you or I do. Check out his website.
hahahahahaha… you are kidding … right?
You clearly do not understand what you are dealing with here.
Meanwhile … just finishing this long interview… the end is very sinister…
https://youtu.be/UIDsKdeFOmQ?t=4024
He’s a clown :
https://www.rrapier.com/2021/05/clean-hydrogen-from-nuclear-power/
https://www.rrapier.com/2021/05/the-ieas-seven-key-pillars-of-decarbonization/
No, he is not a clown. He is the most reliable source of information about oil in the United States. Why do you assert he is a clown? That’s nonsense, and you should know better, because you are very bright and also know a lot. You never answered my question as to whether you like Waikato Brew 22.
Anyone who promotes renewable energy is either a clown or a wh ore (i.e. is being paid to promote what they know to be a lie).
I don’t drink much beer… but when I do its Panhead.
I have never seen Panhead for sale in thiis country, but I would like to try it. I want to visit New Zealand again soon to see people and walk the beaches and sail and play tennis. As I’ve said before, New Zealanders are the friendliest people in the world. I am not alone in this opiniion; see one of my favorite books, the most excellent “Miles from Nowhwere” about a round the world bicycle trip. I love bicycling and do a lot of it.
Do you have any accomplishments on the bike… maybe some race medals?
Ever considering HGH stacked with anabolic steroids… and blood doping?
I ride at 12 miles an hour; that is fast enough for me, and I do not like to ride fast on a bicycle, though I can do it. Do you have a bike?
I do have a bike don. Maybe some day my mummy will let me go for a ride with you!
only so long as you don’t take your trainer wheels off
That would be nice; I like to go for long bike rides with a friend.
Yes of course Don … of course… if you disagree with Gail … then why don’t you stick to Robert’s site?
You are only making a fool of yourself here
easily done
but difficult to accept
I have the greatest respect for Gail and have been urging her to write a book on the environment from an actualry’s point of view for many years. You don’t have to agree with a person to respect them.
Koombaya… at its finest!
https://www.odt.co.nz/news/national/revealed-human-rights-commissions-donation-mongrel-mob
The Digital Gulag awaits you! This means some orchestrated financial collapse (aka “cyber attack”) will crash everything. And it is supposed to be this week (july 9 cyberpolygon).
https://www.kitco.com/news/2021-07-02/Digital-Dollar-is-inevitable-Fedcoin-will-give-government-total-control.html
(the final nail in completing the pen around the sheeple!
”
(Kitco News) – Digital, state-issued currency is the “inevitable” next step of our economic evolution, says Cameron Chell, executive chairman of CurrencyWorks, who concedes it can be a “scary proposition.”
Central bank digital currencies, or CBDCs, are currently under development from several major central banks around the world, including the People’s Bank of China , the European Central Bank, and the Bank of England.
Recently, the U.S. Federal Reserve announced that it will take measures to ensure that the U.S. will retain a leadership position in the development of CBDCs, although an American digital dollar, or Fedcoin, would still need congressional approval.
Speaking to Michelle Makori, editor-in-chief of KitcoNews, Chell said that digital dollars,, will eventually be adopted by governments.
“A digital dollar is something that has function far beyond just the transfer of money. So, it’s inevitable that national currencies or sovereign currencies will come into effect. It’s just too inefficient when you’ve got some nations that have access to use digital dollars….as opposed to some that won’t use it,” Chell said.
CurrencyWorks is a financial technology company that builds digital currencies, assets, and NFTs.
Governments can benefit from a digital dollar from saving billions of dollars a year in printing physical bills, but more importantly, it will give authorities more control over the populace with the ability to track the provenance of transactions.
“Fiscal and monetary policy development…tax collection [will be] a game changer. Now, all of a sudden, you’ve got a decentralized technology being run in a centralized system, you can actually monitor, track, withdraw taxes, supply benefits…all of those things instantly. As a political tool, when you think about being able to invoke or monitor sanctions on companies, or countries, or bad actors, when you’ve got instant access to wallets, it’s an entire new tool that really, we haven’t seen the likes of,” he said.
Critics of this technology point out that civil liberties would be endangered if the government can monitor every single dollar on the blockchain.
Chell said that this is a step towards tighter control over the money supply, as well as a transition towards a cashless society. However, he offers a stark warning.
“Ultimately, it is much more convenient for people to use it as well, so I think adoption is going to become inevitable as well, but if we are not careful with our policies and our laws, we are in for a controlled society,” he said. ”
“Critics of this technology point out that civil liberties would be endangered if the government can monitor every single dollar on the blockchain.
”
(wrong, civil liberties would be completely eliminated!
Another discussion of the Wuhan gain of function situation, this time from the MIT Technology Review:
Inside the risky bat-virus engineering that links America to Wuhan
China emulated US techniques to construct novel coronaviruses in unsafe conditions.
by Rowan Jacobsen
Water Works for years has tried to force or cajole farmers upstream to reduce the runoff of fertilizer that leaves the rivers with sky-high nitrate levels but lawsuits and legislative lobbying have failed. Now, it’s considering a drastic measure that, as a rule, large cities just don’t do — drilling wells to find clean water.
Small communities and individuals use wells, but large U.S. metro areas have always relied primarily on rivers and lakes for the large volumes of water needed. Surface sources provide about 70% of fresh water in the U.S., as a reliance on wells for big populations would otherwise quickly deplete aquifers.
However, the utility in Des Moines is planning to spend up to $30 million to drill wells to mix in pure water when the rivers have especially high nitrate levels from farm runoff, most likely in the summer.
After spending $18 million over the last two decades on a system to treat the tainted river water, it’s frustrating to pay out millions more for something other cities wouldn’t imagine, say utility officials.
“I look at it in disbelief,” said Ted Corrigan, the CEO and general manager of Water Works.
Des Moines has become an extreme example of the conflict over clean water between agriculture and cities in farm states with minimal regulation.
Associate Press AP
Another example of reaching limits
It is easy to blame the farmers in these situations (and I am not saying you are) but without the heavy fertilizer use they can’t get the yields, so no profit. If they swear off on chemicals and accept the profit hit, then the banks won’t loan them money for seed and tractors and the insurance may not cover their losses if there is a crop failure. And if they go regenerative, they risk being the laughingstock of their community while enduring loss of profits for years while they make the transition.
An Amish farmer once explained to me that he has a banker… because he has 10 kids … who all want to farm… and to be able to help them buy land…. he needs financing… and if he does not use pesticides .. the bank will not finance any farm land purchases…
Herbie,
Being the optimist and also not liking all the chemicals used in agriculture, I see AI coming to the rescue with more intelligent weeding using lasers and continued improvement in localized fertilizer application. Huge capital costs for equipment are the current problem.
Dennis L.
Look at the latest graphs from Kaplan at peakoilbarrel.com for shale with comments. 2023 is the tipping point.
Electrical power is going off in my locale on a daily basis now. By July 9+ (Cyberpolygon) I expect biowar to extend to all-out cyberwar.
Mark ingraham
Ignored
07/03/2021 at 8:58 pm
I gave it in the peak oil thread. In the best case production will be flat. The rapid decline will start in late 2023 as the hubbert curves all hit and then it will be rapid collapse.
https://peakoil.com/forums/new-wolfcamp-data-t78034-20.html
https://i.ibb.co/zx2p84N/036-D7590-D188-4-B9-D-BD43-1-B188-E73-FBB2.jpg
This differs from my earlier number because they changed the definition of wolfcamp, but the total production is the same, nothing can stop the bakken collapse.
Hickory
Ignored
07/04/2021 at 10:57 am
Any idea why the production peaks (except Spraberry) all have strong time correlation with the pandemic oil price collapse?
The coincidence of peak resource with the pandemic recession seems too…coincidental.
Mark ingraham
Ignored
07/04/2021 at 11:32 am
It’s a coincidence, shale has only been around ten years and that was enough time for bioweapons to advance.
Low prices mean low demand. Producers cannot obtain an adequate price for their product. This is why producers tend to quit. Long before they quit, they cut way back on new investment.
In many cases, they cut back on workers’ wages. They certainly cut back on workers’ pensions, if they are able to do this. Falling wages adds to the low demand problem. Workers tend to quite.
Respectful disagreement:
Discretionary spending will be hit by increasing oil prices, necessities will be maintained, e.g. electric grid. The system is self organizing, it will change, the trick is to leave the discretionary sector as quickly as possible.
It is not that bad, life in the fifties was very good indeed and a simple look at per capita oil production might be enlightening. My parents’ personal energy budget was lower, a simple look at the fuse panel or the annual miles driven answers that question.
The largest US user of oil is the military, downsize it to necessary missions, let discretionary wars stop, just walk away.
Perhaps, peace? Well, always an optimist.
Much of government of all levels is discretionary, cut back to roads, public safety etc. North Minneapolis is requesting police forces be increased to authorized levels, not every one has gone off on tangents.
For hope, Mars, the moon, asteroids, metals. $800B spent in Afghanistan, even ignoring thermodynamics, a guess is that would have gotten us to psychic 16 with a space tug.
Our planet is not discretionary, it comes first and we human beings are an important part of it, we are not discretionary and we have a right to be here despite all the nonsense of our being superfluous baggage.
Dennis L.
But the economy is dependent on producing bullshit!
https://www.oftwominds.com/blogjuly21/4july7-21.html
Is this because the foreign made stuff is so high quality? No, it’s virtually all garbage quality. A war was declared on quality, and America lost. Virtually nothing on the shelves of America’s Big Box Emporiums and fulfillment warehouses is durable; it’s either designed to fail (planned obsolescence) or it’s so poorly made that it breaks, fades, rips, tears, delaminates or fails, and is dutifully hauled to the landfill as part of the entire Landfill Economy. (Forget trying to repair it; it’s been designed to be impossible to repair, and all the components are junk, too.)
If stuff breaks or fails in short order, it isn’t cheap, no matter what the price says. It’s expensive because it must be constantly replaced. A war was declared on value, and America lost. Sorry, America, you lost me. How is the transition from quality and value to junk not a complete disaster for the nation?
Hmmmmmm….. remember those Detroit vehicles that wouldn’t start…. then Toyota came along … I suspect this Made in America = Quality thing … is a myth… that won’t die.
I never buy anything made in China. I have found goods made in Canada, Germany, Norway, Japan and Sweden. India makes a good Royal Enfield motorcycle with sidecar and I may buy one in October when used motorcycles are cheap. I’m giving my present motorcycle to my eldest granddaughter.
There is no evidence of falling wages. I predict that will not happen during the next ten years.
Falling inflation-adjusted wages. Standard of living drops.
Not happening: standard of living is still increasing, though slowly.
Deep deep deep Delusion. (D4… sounds like the name for a boy band!)
Let me guess you read the NYTimes religiously … and believe it is an excellent publication that seeks to publish truths.
No, I read the Wall Street Journal every day and have done so since 1961. In my opinion, it is far superior to the New York Times. I also read The Economist, an excellent source of good information and informed opinion.
I wish I lived in your fairy tale world of delusions. What country do you hail from?
Please tell me you are an American…….
I’m an American and proud of it, though the country has been declining in important ways since the nineteen fifties. American society faces two huge challenges: reform of education and elimination of the absolute corruption in Congress. If we don’t solve these challenges the nation will continue to go down hill or perhaps fall into dictatorship as did the Roman Republic when Julius Ceasar destroyed an excellent republican form of government.
The Roman Republic collapsed when it expanded beyond its means to sustain itself, though naturally that was dressed up in various political/economic disguises
The USA will go the same way, for the same reason while offering the same excuses
See “Rome’s Last Citizen” for an excellent summary of the last years of the Roman Republic and also the best biography of Cato the Younger.
thanks for that link Don…it looks interesting
I copied the intro from Amazon, change the names and you have the USA and a few other modern nations:
>>>>Cato’s life is a gripping tale rich with resonances for our own turbulent politics. Cato grappled with home-grown terrorists, a public and private debt crisis, a yawning gap between rich and poor, and a fractious ruling class whose lives took on the dimensions of soap opera. He relentlessly opposed the rise of Julius Caesar, but his stubbornness led to the eventual fall of the Roman Republic. This is the story of this uncompromising man’s formation in a time of crisis and his lifelong battle to save the Republic.<<<<<<
I like it
And in his spare time he indulged young boys.
Yes, I agree with you.
lately you seem to have become fixated on that aspect of human behaviour Eddy
is there a reason?
I don’t give a damn about sexual behavior. Some of my best friends are homosexuals and lesbians.
Some of my favorite relatives are gay.
M Fast and I have some very flamboyant gay friends… we enjoy their company very much.
We do not have any 11 year old male friends though…. nor do they actually.
er
I don’t think Eddy’s inferences were about adult homosexuality
It’s the young boys that present a problem don….
You have to keep in mind… in ancient Greece… and Rome… it was ok to Get It On with 12 year old boys … but these days… such activities … can result in incarceration … and inclusion on se x offenders list… any form of contact including sailing … would be problematic…
Plus all the neighbours would find out.
Of course you could just explain it away saying “Cato the Younger did it! And I am only trying to emulate him”
every time don posts something … I keep thinking about his desire to emulate Cato (the younger)…
maybe we should throw open the discussion about where the name Fast Eddy came from
22 years ago — had a meeting with one of the browser companies — might have been Netscape… in HK…
The head guy Eddie, (Chinese American) was dressed in NBA gear… top to bottom … needless to say I and one of my partners at the meeting were not dressed in NHL gear… he spoke extremely quickly and had a nervous tick leading us to believe he may have snorted some cocaine just prior…
After the meeting were moved to the gaming floor for coffee – and entire floor with hoops, foosball tables etc… (office space is VERY expensive in HK — and they had no revenue…) ….
We walked out of the building afterwards and I said to Mike — Fast Eddy and this outfit will be gone within a year…. he said … yep.
https://youtu.be/_nVk25ZvTkU
I thought it might have originated somewhat closer to home
I still do
Yes, the system is self adjusting, agreed.
Respectful question: What is standard of living? A safe walkable neighborhood, meals with good food, not junk, family, friends; for me that is a high standard of living. Throw in the internet with YouTube and some incredible sites, Mitx with incredible teachers, again, a very high standard of living, low energy input.
A Lexus? Insurance, registration, initial cost, maintenance cost and those without keying it out of envy.
Much, but not all of our standard of living is a Bernay view of what is high value. Virginia Slims comes to mind, slinky women in tight dress enjoying her smokes, she stands to the side and one can look through from one ear to the other, clear path. Nope.
Dennis L.
I agree. We don’t need anymore economic growth; we need income redistribution, and I advocate Milton Friedman’s negative income tax to provide a decent income for all citizens. We can afford that, and it is both morally and economically the right thing to do.
if money is redistributed, then the recipients of that money must spend it on ‘manufactured goods’ to keep themselves in employment
if everyone receives a share of Bezos’ money and sticks it under the mattress, the economic system remains unchanged.
but manufactured goods require economic investment and energy input.
this is why piles of cash are ending up in the hands of the ‘already wealthy’—there’s nowhere to ‘invest’ cash to produce wealth in the sense that Ford and Carnegie did.
this is why Musk is blowing it on fireworks. There’s nowhere else to put it, so he fosters his own fantasy that profit can be made in space and on Mars etc
It can’t.
(https://twitter.com/sim_kern/status/1411304471934685184?s=03)
Hahahaha…. are there any university professors who are not socialist/communists… with any common sense?
It’s a good thing John Galt is always standing by .. and the the Elders are running the show… because if the Ivory Tower fools ever got their way we’d be at Ground Zero in no time … and anyone who refused to accept a DelusiSTAN passport …. would be thrown into the Gulag Archipelago.
No growth would soon see Bezos begging on the street corner.
No growth = spend fuel pond time…
Free money only widens the inequality gap by interfering with the natural social structure called community. In tight-knit communities, those not doing so well let those who are doing well know their situation. Those who are well-off naturally pitch in based on their assessment of the situation. Free money, on the other hand, means the government is taking the place of the natural community, so now the poor person remains isolated and the person who is well off remains unaware of what is going on in their society.
@donmillman
“…morally…the right thing to do.”
Surely you jest..Taxes are theft backed by violence- thus de facto immoral..
To steal from one group and give the stolen proceeds to another group (negative income tax) and saying that it is moral or the right thing to do is quite ridiculous..
Don … if prices increase by 10% in a year… and your salary increases by 2% …. are you more — or less affluent?
Gotcha!!!
For the next two years I predict inflation will be 3% and real growth in U.S. GDP will also be 3% a year. Then I think growth will slow down.
How do you predict Don? You mean you guess right….
Keep in mind the basket they use is a joke… they just remove items that are experiencing high inflation … so the real rate of inflation currently is likely in the 10% range…
Hands up anyone who’s salary went up over 5% this year… most business owners I know have a salary freeze in place.
Inflation in the US has jumped to the highest rate since 2008 as the world’s largest economy rebounds strongly from the coronavirus crisis. The consumer prices index rose at an annual rate of 5% in May, up from 4.2% in April and the highest since August 2008, according to the US Bureau of Labor Statistics.
An ‘alternative view’?
“What does the exercise say about the likely rise in nominal gross domestic product between the first quarter (Q1) of 2021 and Q4 2022?
The answer is that nominal GDP has to rise by 30% or so in the USA, and by about 25% in the Eurozone and the UK. By extension, annual inflation over the next 18 months to two years will lie in the 5% – 10% band in the USA, and will exceed 5% in the Eurozone and the UK.”
https://mailchi.mp/eea4ea4e86a5/which-economic-thoughtcomes-out-best-from-the-last-decade-1336371?e=260ed9002a
Not according to Mark ingraham (mustang19). He just posted that rising oil price is not the overriding factor in increasing oil production. Then he stated that Dennis Coyne (who once said on POB that he has a degree in physics) does not know anything about physics.
Re: New wolfcamp data
Postby mustang19 » Sun 04 Jul 2021, 13:05:31
dcoyne78 wrote:
AdamB,
The $200/bo has been run in the past, it comes pretty close to TRR for mean estimate, the zero oil price scenario would result in zero output in the future from tight oil, there are an infinite number of possible future oil price scenarios, running all of them would take a bit of time. See
https://peakoilbarrel.com/permian-basin … aggerated/
Only a clown thinks oil companies care about prices. Many times, 2008, 1973, 1980 oil prices spiked and this did nothing to raise production. It’s not even physically possible for anything besides eroi to matter.
But as always you have zero understanding of physics or even basic graph reading and don’t care.
For the lowdown on Cyber Polygon go to the Cat McGuire interview here:
https://noliesradio.org/archives/182757
Vanden Bullshe was right with his prediction of “uncontrollable monster” mutation. Imagine that you catch delta-sniffles, all shops are closed due to lockdown, and you have no handkerchiefs. SHTF plus TEOTWAWKI squared.
God Bless ❣️ America..Happy 4th and Land of BAUl
This is for Gail…Why are Cold Countries Richer than Warm Countries…
https://m.youtube.com/watch?v=lmrra8i4hZY
The reasons start at minute 8 and before that explains statistics….
I haven’t watched the movie. Cold countries used wood for heat early on. They quickly discover that forests were inadequate for this purpose, so they added coal to the mix. It is total energy consumption that makes countries rich.
Cold countries have less disease than warrm countries such as Africa. Sick people are less productive than healthy people.
Also true. I am not certain to what extent this was true 200 years ago. Certainly true now. The big difference may have been city /farm years ago, with cities having a much bigger problem with communicable diseases.
That is exactly right, Gail, and they were much more likely to be consuming tainted and adulterated water and food in a city.
Doctors in the 18th century noticed that ordinary rural people came down with more pulmonary disease when they grew richer and dropped old-fashioned wool clothing to wear skimpier silks and cottons which were fashionable.
I bet it’s an r-K spectrum thing.
Black Plague…. was quite a problem in Europe at one point…
Might it not be more accurate to suggest that the wealthiest countries tend to be places with colder klimates…. and these countries have better disease control measures and medical systems…
Yes, I agree.
I opened herbie’s link and was met by a NZ govt propaganda piece… Covid symptoms can be mistaken for a common cold…. runny nose… sore throat….
If I get Covid I’ll be sure to make note of this … and rest and drink plenty of fluids…
Madame Fast has had these symptoms for 5 or 6 days… they are dissipating now… OMG she might have had Covid!!!
Fast Eddy takes 3000mg of D per day…. which is kryptonite to Covid… so he was not affected… M Fast will increase from 1000 (like I told her to do before she caught Covid)…
I know of people who are getting the Injection even though they have had Covid. How mentally re t ar ded is THAT!!!
Think the video stated that in cold climates the people that survived were forced to be invenative and pursue technologic know how due to the harsh climate and lucky to have resources available for that purpose.
In tropical climates the shelter was easily constructed from renewable biomass and food grown year round with a stable like rice stored.
Just their conjecture
One theory is that cold climates select for individuals with better long-term planning skills. Better long-term planning can lead to more wealth, all else being equal.
“Brazilian President Jair Bolsonaro faced massive protests across the country a day after a criminal investigation into his response to allegations of potential corruption involving a vaccine deal was green-lighted by Brazil’s Supreme Court.”
https://www.euronews.com/2021/07/04/mass-protests-against-bolsonaro-held-across-brazil-after-court-decision
“Colombia’s president Ivan Duque is determined to expand the country’s coal mining.
“The strife-torn Andean nation is South America’s largest coal producer and the national government is seeking to bolster output as part of its plans to reactivate the economy after it shrank nearly 7% during 2020 due to the COVID-19 pandemic.”
https://www.google.com/amp/s/oilprice.com/Energy/Coal/Colombia-Looks-To-Ramp-Up-Coal-Mining-As-Economy-Struggles.amp.html
The big issue is whether it is possible to get a high enough price for the coal to justify opening the mine. This is what holds down mining wages. (Don Millman, please take note.) The article says:
“Glencore determined that after mothballing operations at the mines because of the pandemic it was uneconomic to restart the mines.”
Now, the question is whether the price can be made to be high enough. Everywhere in the world, this is the issue. As depletion hits, the cost of production rises, but the price does not rise enough. If a debt bubble pops, the price available for commodities may fall, as in late 2008.
There is plenty of coal being produced; there is no shortage of coal. In the nineteenth century British economists worried a great deal about a coming shortage of coal and thought that industrial society could be maintained for only a few years more. They were wrong. And I think the people who worry about a shortage of coal today are quite wrong; there are huge reserves of cheap coal, and the problem is that if we burn it the C02 in the atmosphere is going to increase a lot. Coal should be banned as too polluting, but it is still cheap. India plans to increase its production and consumption of coal; this is terrible, but India sees no alternative, because it needs more coal to fuel continuing economic growth. Coal pollution in India is horrible. They used to cook with dried cow dung, but now they are richer and burn coal instead. Coal fuels most everything in India, the world’s most populous country.
Yes! Let’s ban coal Don!!!
How does it work … do you repeat catch phrases from Greta? Or do you come up with these idea on your own?
And if we banned coal FE would have to wake up in the middle of the night to cram wood into the Rayburn … a fat load of coal can simmer through the entire night… are you suggesting FE’s sleep should be interrupted????
It’s good to release carbon … the trees love it!
http://large.stanford.edu/courses/2014/ph240/milic1/images/f1big.png
I taught Environmental Economics for ten years and did a lot of research. We can ban coal and go to nuclear energy as France has done. They have not had an accident for fifty years, and their vitrification process is effective for treating waste. France exports cheap electricity to Germany.
Oh so France doesn’t put it’s spent fuel into ponds?
Written by a group of nuclear experts and delivered to French authorities, the report says that spent-fuel pools, which typically contain the equivalent of one to three nuclear reactor cores, have not been designed to withstand external aggression.
EDF, which operates 58 reactors, denied its spent-fuel pools are at risk and said they have been designed to withstand earthquakes and flooding as well as terror attacks.
https://www.reuters.com/article/us-france-nuclear-security-idUSKBN1CF1HJ
BTW – we need cheap oil….
“A lot of research” is not worth a great deal if you’re not thinking through your conclusions Don.
The astronomical lifetime costs of even one nuclear plant these days is too much for national governments to contemplate, never mind trying to substitute all coal power generation with nuclear.
Wrong. Nuclear plants now are cheaper and better than the ones France built fifty years ago.
Have you looked at the prices of the nuclear power plants being built in Georgia?
https://www.wsj.com/articles/vogtle-nuclear-plant-in-georgia-faces-more-construction-delays-11623172361
Vogtle Nuclear Plant in Georgia Faces More Construction Delays
Southern Co. project is only one of its type in U.S., and could cost $2 billion more than expected
I know a lot of nuclear engineers; my best friend at the Cal Sailing Club was a nuclear engineer, and I taught at least 20 nuclear engineers. The Cal Sailing Club was dominated by engineers and physicists; they make great leaders. Look at Jimmy Carter.
Good for you Don… they sound like a great group of guys…. to go sailing with.
But do you know any CFO’s at any of the big nuclear outfits?
You know … the guys who crunch the numbers…. they guys work with the lobbyists who ask the govt (tax payer) to pay for these massive boondoggles….
Bureaucracy is the problem. I know that because I was a sociology major and took a lot of graduate seminars. I have over 300 graduate credits in various disciplines. I loved graduate school at Berkeley because mostly I chased women, played tennis, fenced, sailed and only studied from 3 a.m. to 7 a.m. I have always been an early riser, as was my father. It was also fun being a teaching assistant and a research assistant–golden years.
A sociology major… I see…. Berkeley … ah ha…. this explains everything
Hmmm… I wonder what the cost per KWH is for power coming out of these contraptions…
Meanwhile.. King Coal… Rules the World:
The world is still barreling in the wrong direction on coal power plant construction, and China — despite its pledges to scale down fossil fuels to avert climate catastrophe — continues to drive that trend.
China built the majority of the coal plants completed in 2020, and also accounted for 85 percent of the world’s new coal plant proposals, according to a report out Monday by Global Energy Monitor, an environmental research and advocacy group. That means instead of transitioning away from coal power — the source of nearly 40 percent of China’s carbon emissions — it is doubling down.
https://www.vox.com/2021/4/6/22369284/china-coal-power-economy-climate-change
Gail,
We can’t dump any more garbage into the atmosphere, oceans or whatever, price is immaterial.
Essentials will maintain value, discretionary will fall to the cost of production, as the capital assets wear out and are not replaced, discretionary items will rise in price and become luxury items.
The world is reorganizing, all is well in the universe, trick is to get thee on the right side of virtue.
Dennis L.
Not to worry Dennis… the dumping will soon stop … completely 🙂
And maybe anyone who owns property now is among the “new rich.” And maybe it’s time for them to organize themselves and lead. They may not feel smart enough, but they could learn to wing it.
“Economic slide sends support for Erdogan to all-time low… President’s construction spree sparks dissent, even in his ancestral stronghold…
“… Inflation has been stuck in double digits for most of the past four years and unemployment is about 14 per cent.”
https://www.ft.com/content/440e2976-ae6b-43ab-affd-72437c136296
“Lebanon’s medicine importers Sunday said they had run out of hundreds of essential drugs and warned of more shortages, as the country’s dire financial crisis batters the health sector.”
https://www.france24.com/en/live-news/20210704-lebanon-medicine-importers-warn-foreign-drugs-running-out
“Algeria’s new prime minister, Aymen Benabderrahmane, faces an uphill struggle…
“Irrespective of concerns over his government’s legitimacy, Mr Benabderrahmane… must deal with looming economic collapse, continued social unrest and the ongoing coronavirus pandemic, which continues to spread through the country.”
https://www.thenationalnews.com/mena/2021/07/04/uphill-task-for-algerias-new-prime-minister/
One of the best movies ever https://www.criterion.com/current/posts/4214-the-battle-of-algiers-turns-fifty
What is most unfortunate is the emotional and physical pain this will cause.
What is a positive is the overall health of the population will increase, nature is a hard mistress, seems to sort out what does not work more than attempt optimization. Current health care has hidden a great many former diseases. Those diseases are clever, but man will endure and simply outlast them until the next one comes along, thus it has always been.
In the end, health care costs will decrease, nature sees them as discretionary. A guess is some of the dietary laws of both Muslims and Jews will be seen to have a rational basis taught on a religious basis. Religion is not discretionary.
Dennis L.
So much strife in so many places now… meanwhile the Elders are acting … they are opening the Gates of Hell and inviting the Devil into our midst….
They will have waited till the very last minute (they want to enjoy a few more bottles of Champagne)… the point where they begin to struggle to hold BAU together… the data points are coming in hard and fast now… (think Harry on Steroids…)
And how about that nearly trillion dollar repo the other day…. YOWza!!!
https://youtu.be/bT8CRi9k4bo
Wouldn’t surprise me if the code phrase is The Second Coming has arrived… or The Centre Cannot Hold… or Operation Rough Beast…. this lets world leaders know to open the gates because collapse is now imminent…
Once the Gates are open the variants mix and match…. and the CEP is almost complete… all that remains is the Fat Lady to Die.
I can feel it now … feel it deep in my bones…
https://www.youtube.com/watch?v=VKcAYMb5uk4
Herb Stein…. Thomas Malthus…. get Ready to Say… I Told You So.
Turkey is doing badly economically. It is hard for the country’s leader to do well, if the economy is failing.
Hey Don … you think salaries are matching inflation in Turkey?
“The Nigerian federal government spent a total of N1.8 trillion on debt servicing in the first five months of the year, representing about 98% of the total revenue generated in the same period.”
https://nairametrics.com/2021/07/04/nigeria-records-debt-service-to-revenue-ratio-of-98-between-january-may-2021/
“The Nigeria Development Update report by the World Bank estimated that despite the country’s gradual recovery from the 2020 recession, the Nigerian economy is in reverse back to its 2010 levels.
“It added that the Nigerian masses will continue to suffer the adverse effect of the economic downturn.”
https://www.newtelegraphng.com/nigerias-economy-in-reverse-to-2010-levels-world-bank/
Any cutback in production is a lot like peak oil for the country. If the price is low, it is a double whammy for the country.
So many countries… hanging from so many threads…. the Elders appear to be timing the CEP right … assuming it completes before some of these threads snap….
We must hope they succeed… do not think that happens in Lebanon or Nigeria… will not happen where you are.
“Garri, one of Nigeria’s cheapest household cereal spikes 100% in price as poverty rate, economic woe worsens.”
https://www.naija247news.com/2021/07/03/garri-one-of-nigerias-daily/
That is pretty bad news because garri is the cheapest food you can buy all over west africa. It tastes awful by the way but it seems to be very nutricious. It is actually a Cassava diet. One of the most common native african diets.
An ongoing price hike here is definitively a recipe for a very large number of upset people…
uhm I must admit: It tastes awful for me. Sorry.
Fabulous news! When do they get to the breaking point… where they Burn It Down?
I love some good Chaos.
Wow! 98% of revenue for debt servicing!
NP – just borrow more to service the debt 🙂
“Afghans queue in their thousands for passports as mass exodus begins before Taliban return…
“With the Taliban making sweeping gains, poverty deepening and the prospect of a return to the anarchy and lawlessness of the 1990s, aid agencies warn that Afghanistan could be about to generate a new surge of refugees.”
https://www.telegraph.co.uk/world-news/2021/07/04/afghans-queue-thousands-passports-mass-exodus-begins-taliban2/
“At least 43 people have drowned in a shipwreck off Tunisia as they tried to cross the Mediterranean from Libya to Italy, while another 84 were rescued, humanitarian organisation the Tunisian Red Crescent has said.
“The boat had set off from Zuwara, on Libya’s north-west coast, carrying migrants from Egypt, Sudan, Eritrea and Bangladesh, the humanitarian organisation said.”
https://www.theguardian.com/world/2021/jul/03/scores-dead-as-migrant-boat-sinks-off-tunisia
“Migrants face arrest on arrival after crossing the Channel.
“Bill gives authorities greater powers over those intercepted in UK waters and makes it harder for asylum seekers to prove they should remain.”
https://www.telegraph.co.uk/news/2021/07/03/migrants-face-arrest-arrival-crossing-channel/
What can people do, if there is no where that they can earn a reasonable living?
Another signal that the end is close… what’s the point in keeping serviceman in the Ghan… when we are about to die? Give them a bit of time with their families….
“It’s the Beginning of the End of Easy Money…
“Federal Reserve Chair Jerome Powell and colleagues have begun debating when and how to slow their asset-purchase program, while the People’s Bank of China is already curbing credit growth. Brazil, Mexico, Turkey, the Czech Republic and Russia have hiked interest rates and others are starting to publicly detail how they may pull back support.”
https://www.bloomberg.com/news/articles/2021-07-03/beginning-of-the-end-of-easy-money-central-bank-quarterly-guide
“France intends to push for a permanent mechanism on joint-debt issuance in the European Union to drive investment in innovation and projects that nations cannot finance alone, said Finance Minister Bruno Le Maire…
“The latest push from France for Europe to share the burden of investment more widely is likely to meet with resistance from several countries.”
https://www.bloomberg.com/news/articles/2021-07-03/france-calls-for-permanent-eu-debt-mechanism-to-boost-investment
I wonder if that title should be it’s the end of money as we know it.They keep creatively coming up with new names for what they are doing but eventually they will run out of room and that is coming very very soon
It seems like there is a big chance the price bubble will break, if countries pull back their support for the policies that they have been supporting.
“This is the No. 1 reason unemployed Americans aren’t looking for work… More than 9 million jobs sit unfilled in the U.S., and a record number of workers are quitting…
“…the top reason unemployed people are hesitant to join the workforce is fear of contracting COVID-19.”
https://www.marketwatch.com/story/this-is-the-no-1-reason-unemployed-americans-arent-looking-for-work-11625075936
“More jobless Americans are suing to get their pandemic unemployment benefits back…
“Jobless residents of Maryland and Texas have filed lawsuits in state courts seeking to force their governors to reinstate pandemic unemployment benefits.”
https://edition.cnn.com/2021/07/03/politics/pandemic-unemployment-benefits-lawsuits/index.html
That’s a lie that if they repeat they will get more money
Maybe scaring people excessively wasn’t such a good idea after all.
“Let’s stop pretending that decarbonising the economy is good for jobs…
” A government cannot “create” jobs – at least, not in the round. If jobs in alternative energy were truly more productive, there would be no need for legislation – investors would already have piled in. When we tax people so as to subsidise some new industry, we eliminate the jobs that their spending would otherwise have sustained.”
https://www.telegraph.co.uk/news/2021/07/04/stop-pretending-decarbonising-economy-good-jobs/
Great point:
“If jobs in alternative energy were truly more productive, there would be no need for legislation – investors would already have piled in. When we tax people so as to subsidise some new industry, we eliminate the jobs that their spending would otherwise have sustained.”
By the way, I will be traveling Wednesday – Sunday of this week, up to Minnesota.
I am running into a time crunch, as I try to get everything done, including writing a new post.
Ethereum is breaking out. It is outperforming Bitcoin by a wide margin. When is Gail going to realize that De-Fi is destroying the Fiat Bankers? Gail won’t fight the powers like I am.
Sold Cardano at 1.79 CDN
Bought ETH at 2894 CDN.
She says there is no solution. Wait until ETH skyrockets to the moon.
Sir I think you are not investor, you are frankly a gambler. You are buying Eth at the peak of a bear cycle. All momentum indicators scream bear market ahead. We have lower and lower highs for now almost 2 months. You should have buy eth when it was 1000-1200, Ada when was under 0.4 dollars and Doge when the price was still 0.09. This was the opportunity for the plebs to make money from crypto – riding the bubble in the bull phase of the momentum. Now the systemic players and the whales are making money from people like you who have mostly hope and close to zero of technical expertise. I hope you didn’t invest the whole farm though. We are yet to see the bottom of this bear cycle and it will be probably when btc touch the 18k resistance level.
From my point of view all your precious money is going to the moon….
ETH is a blockchain as thousands of other but has (had) a single (early) advantage:
Smart Contracts
ok, you can develop any free anonymous app without being dependent on a datacenter operator.
Uhm let’s look, what kind of startup are we gonna play: Dating! Bingo!
Dating App based on Etherium
Hicky : raises 2 Million in ICO 2018 : App ? nowhere
BabyFind: we have developped …. : App ? nowhere
Luna: find people. App: nowhere
Viola AI: Video, not even a homepage
Ponder: Ponderapp.co : Host not found
LoveBlock : My security programm blocks acces to the site
Etherium: founded in 2013
Not a single profitable dating app in 8 years !!!!
Probably not a single profitable dating app in the next 88 years
Oh wait, eth 2.0 uhm yeah, I will be half decayed before I have my first date there….
But yeah, blockchain will indeed change everything: change the pocket for all ur money
This may interest Dennis L.
> Russia and China team up to build a moon base
International Lunar Research Station is intended to be ready for crewed visits by 2036
Russia and China have presented a plan to build the joint International Lunar Research Station (ILRS). The proposed lunar base is intended to be ready for crewed visits by 2036 and is unrelated to the American-led Artemis programme, which has pledged to land “the first woman and person of color” on the moon by 2024, although that date seems increasingly unlikely.
https://www.theguardian.com/science/2021/jun/25/russia-china-team-up-build-moon-base
Some ‘hawks’ are spraying the nest in hysteria about Russia-China cooperation. They need to calm down. That is how the world is supposed to work – cooperation! The peoples of Europe do not want war, they want cooperation.
> Russia-China alignment strengthens dangerously while US alliances atrophy </i?
…. While the Russia-China axis strengthened over time, America’s principal alliance system — NATO — became increasingly weaker. In a March survey that included the leading NATO member states, the European Council on Foreign Relations found that by large majorities the peoples of these countries believe the U.S. political system is “broken,” that China soon will supplant America as the world’s most powerful nation, and most alarmingly, that their countries should remain neutral in any conflict between the U.S. and China or Russia.
Needless to say, the leaders of these countries never would say such impolitic things in public, but in a crisis, it is inconceivable that they would defy the very people who elect them. It is thus apparent that, with the end of the Cold War, the NATO alliance lost its main reason for existing and, over the past 30 years, lost its focus, coherence and eventually its willingness to risk actual military combat with a hostile superpower.
What this means is that the Western democracies have become a loosely-bonded confederation that is “all talk and no action,” much as described by Walter Russell Mead in a recent Wall Street Journal column. “The harsh reality,” Mead asserts, “is that the U.S. and its allies are losing ground to their adversaries, and the balance of power is moving sharply against us.” Declaring that the West has forgotten what it means to win, while becoming quite good at losing, he cites a litany of defeats ranging from Nord Stream 2, to China’s crackdowns on Tibet, Hong Kong and Xinjiang, to Russia’s invasion of Georgia and Ukraine — all of which occurred without any serious Allied response — and concludes that “autocracy is on the march at the fastest rate since the 1930s, and unless [President] Biden starts scoring some concrete wins, our adversaries progress will accelerate.”
https://thehill.com/opinion/international/559975-russia-china-alignment-strengthens-dangerously-while-us-alliances
In a world of declining resources, there’s no such thing as ‘cooperation’.
But there will be temporary, pragmatic alliances……
As in ‘The enemy of my enemy is my friend….for a time’.
Russia and China are sorting it out – that is how the world works best – through cooperation.
> Russia eyes Mongolia as a shortcut to China
Soyuz Vostok pipeline will give Russia’s Power of Siberia 2 gas network a key new link through Mongolian territory
Sandwiched between Russia in the north and China in the south, Mongolia could soon serve as an important transit country for Russian natural gas and its related supply chains. [mumble, grumble]
Once completed, the Soyuz Vostok gas pipeline will become an extension of Russia’s Power of Siberia 2 natural gas pipeline in Mongolian territory. In other words, this ambitious project is meant to provide supplies of Russian gas across Mongolia and into China.
Russia’s state-owned energy giant Gazprom has already opened a subsidiary company called Gazoprovod Soyuz Vostok in Mongolia and the landlocked country’s Foreign Minister Battsetseg Batmunkh recently visited Moscow, where she met with Alexey Miller, chairman of the Gazprom Management Committee.
At its core, the CMR corridor aims to improve transport connectivity and cross-border trade services through infrastructure development. It also aims to strengthen three-way cooperation across energy, agribusiness, communication technology, tourism and environmental protection.
https://asiatimes.com/2021/07/russia-eyes-mongolia-as-a-shortcut-to-china/
I imagine China looks more likely to be able to pay for the gas that is provided than Europe does.
If that statement (analysis and prediction) of yours is correct – then there are wide ranging consequences for such a scenario in many practical ways in store for the old continent and its inhabitants.. (despite the existence of NordStream II connector and related trade deals)
If landing “the first woman and person of color” on the moon by 2024 could really be done, it would seem to “prove” that BAU was continuing. Maybe a studio can be set up to film some shots of this happening.
🙁 🙁 🙁
Wake me up when there is a Mars ending. There was already a Czech on the moon. Gene Cernan put the flag of Czechoslovakia at the moon when it was a commie country, in a strange US-Czech cooperation.
It is just fascinating how one camp tries it on and then the others push back. Actually it is quite amusing. That is really how the world works.
> China and Russia pledge cooperation on data security, Arctic sea route
Virtual summit sends signal to Washington that the neighbouring powers are united on a range of emerging issues
Both countries have been engaged in an increasingly bitter competition with the US and cybersecurity is a key battleground
Russia has endorsed a Beijing-led initiative on data security, in the latest sign of cooperation between the two neighbours in emerging areas amid growing animosity from Washington.
In a lengthy joint statement issued after a virtual summit between President Xi Jinping and his Russian counterpart Vladimir Putin, the two sides also pledged to deepen cooperation on cyberspace, the Arctic and infrastructure – issues that have seen intensifying competition between China and the US.
Beijing and Moscow also reaffirmed the importance of their strategic partnership by renewing their 20-year-old friendship treaty.
https://www.scmp.com/news/china/diplomacy/article/3139574/china-and-russia-pledge-cooperation-data-security-arctic-sea
2050 Asteroid Timeline not an issue?
It is like the old refrigerator and elephant issue again. Open the fridge door , put the elephant in and close the door. Of course no one talks about how to put the elephant in.
Theoretically that is possible since elephant embryos are put into freezers. However that ‘s just circling around the question
No one has proposed how to bring the materials back to earth 300 million miles. The answer I will probably hear is “Just build something in the orbit of Psyche”. Yes, it is fun to be bombarded by asteriods 300 million miles away from reinforcements.
All these nice sci fi movies in the 1960s became kind of darker in the 1970s after Vietnam, because , despite of the claims of some self promoters, we are no closer to the space than we were at the 1960s.
they haven’t even tried to bring back one gram of Martian soil, because they know it is impossible.
The missions to Mars take advantage of the best CGI technology available… it looks better than real
While attention has been given to the size of the nuclear warheads in russias new subarines/torpedos i think that misses the point. The torpedos are nuclear reactor powered and autonomous with AI guidance. Range is basically unlimited. Underwater drones in a environment where detection and air conditions are not a issue. This means the submarine launching need not get any where close to the target. In fact the 65 foot long dronepedo with its much faster speed is much less likely to be intercepted. So the dronepedos are launched from way out in the middle of the atlantic or pacific. I am certainly not informed on spy vs spy measure countermeasure but this would seem to guarantee the elimination of NYC LA San Fran etcetera should a USA/russia nuclear conflict occur.
https://www.navalnews.com/naval-news/2021/06/russias-gigantic-submarine-belgorod-sails-for-the-first-time/
In which case there is a certain ‘karma’ in that the herd instincts have led the herd to destruction. It looks like a case of ‘what goes around comes around.’
Not that there is any ‘justice’, even on a ‘karmic’ level. The existence of the ego as distinct from the non-ego, freedom of the ego, any ‘moral’ force beyond the natural motive forces, any motive beyond self-interest, responsibility, ‘moral truth’ – all illusions.
Perhaps it would be possible to make a society that promoted the individuals over the herd. Maybe that is the ‘next step’ in human progress – the deliberate abolition of the herd.
‘I am not the Good shepherd, and you are not my sheep.’
I would say that in principle you are right.
It is true that some people came “down” to the realisation that institutions are corrupt meaning they become defunct and or corrupt by design.
That is not a new idea of course. Ugo Bradi and Samo Burja and others could say a lot about this.
A really decentralised world would be quite a goal but as Gail said: We are path dependent on growth and a complex society and decomplexification is not something economists and large corporations want to look at. Of course they want to expand monopoly market positions. Actually they may look at “securing resource access and parts dependencies” but it is questionable if this leads to large changes or if it is only some sign of the “wave” pattern that exists in all societal temporary data…
We can do a lot locally but computers, Internet, some sort of high tech? This is a very hard nut to crack.
From what I see, the most interesting question going forward is: What level of complexity can we maintain.
And speaking about the “we”: you can not live without others but you also do not want to succumb totally to the herd. This issue has also been central to many many thinkers.
It is very difficult because as soon as a certain number of people come together to get some things done, TSHTF.
“What level of complexity can we maintain?” Is an excellent question. Also, are there any action we can take now to influence what level of complexity we can maintain?
Interesting that now the Isaac Asimov story Foundation is being shown as a TV show. The premise being civilization is falling and to preserve knowledge through the dark age a monastery of sorts is created.
The U.S. faces two huge problems: Absolute corruption of Congress and a bad school system that needs drastic reform. For educational reform, I agree with Mortimer Adler’s Paidia proposal, described in three short very readable books. I met Mortimer Adler back in the 1980s and discussed the Paida proposal. We agreed that it is feasible. There is a private school in the San Francisco Bay area, and its students do very well. It is hard to implement genuine school reform because of politics, but it can be done. Look at Japan: all high school students have to learn some calculus. Anybody can learn calculus if they have excellent teachers. We do not pay out teachers enough, and we do not give them the prestige they deserve. The best and the brightest high school students do not major in Education; they go into the high-paying professions such as business, engineering, law, and science. This is all wrong: The best and the brightest students should go into teaching, because it is a very satisfying profession.
teaching becomes impossible when truth has to be deleted from textbooks for political/religious reasons.
lack of truth allows the blossoming of hysteria such as that on modern social media
We should abolish textbooks and teach students from original sources. That’s what they did back when I was an early entrant at the University of Chicago in 1955. But the main thing we need is excellent teachers. By the way, I’m the author of an economics text, ECONOMICS: Making Good Choices, which uses the Socratic method to teach economics. I taught for 31 years at Itasca Community Colleges, and it works for all subjects.
I don’t quite follow—abolish all textbooks”
Yes! Abolish all text books! When I studied physics as a freshman at the University of Chicago we read Galileo and Dalton in the originals. When we studied chemistry, we studied Lavoisier and thereby learned the scientific method. When we studied humanities we read a lot of poetry and novels, listened to a lot of music, and studied art by going to the Chicago Art Institute. It worked!
I am a follower of Mortimer Adler’s Paidia proposal, described in three short and very readable books.
forgive my ignorance of this range of subjects
but
every science carries the potential for innovation discovery and revision. Or so I would have thought.
At what point does one say–enough!—that subject is now closed, and all that is known has been established by—whoever.
If textbooks are to be dispensed with, where and how will new thinking come about?
And, if I may ask,—who is the person to be who decrees that a science needs no further revision? And that the only source of information must come from ‘original sources’.?
Someone must say who/where those sources are.
And someone will always argue about it, and be convinced they are right.
On the arts, there are those who will rubbish Shakespeare and Ovid, Beethoven and Stravinsky. Poetry can move me to tears. But it depends on what it is. A single line of Housman can do that, but it might leave another cold.
Something like that cannot be ‘taught’
Going to an art institute merely confirms what others say is ‘great art’. Mostly correct. But is Pollock’s work to be dismissed. Or not? Or is it all price per square inch of paint based on what rich people will pay for it? $80m for a Van Gogh, when the man himself couldn’t sell anything.
You only have to read the occasional outpouring of vitriol in here to understand that, where someone dares to offer a contradictory point of view on a subject on which there is ‘certainty’.
I wrote a good textbook. There are few good textbooks. For example, most calculus textbooks are just cookbooks. For a real calculus text that is good you should use Apostle, but almost nobody does these days.
the first lesson a writer learns is that ‘good’ is the the opinion of someone else.
(that applies to many aspects of life btw)
The best self-opinion allowed is usually ‘not bad’.
Lots of people have applauded my book—others have rubbished it. Fair enough, it was an opinion, not dogma, based on evidence as I interpreted it. I don’t get all precious about it.
As a lifetime writer I have been good enough to earn a living from it, which is the best testimony I can offer, though not millions.
of all the lines ”I wish I’d written”, Dylan Thomas probably comes first:
https://poets.org/poem/my-craft-or-sullen-art
Not for ambition or bread
Or the strut and trade of charms
On the ivory stages
But for the common wages
Of their most secret heart.
Fast Eddy is an exception — He (can use H) is permitted to inform the world of his 1000 horsepower IQ… because it’s actually more like 1500… so the 1000 is a demonstration of His humbleness. And of course it is assumed that Fast Eddy must have at least 1000 HP under the bonnet… so this is all moot.
The Second Coming… well that was determined by a higher power… so it is… what .. it is.
Don on the other hand… is destined for Hall of Fame Wankery.
Keep going Don .. tell us more about your achievements. Do women stop you on the street and say hey – aren’t you Don – the college teacher?
And you say … well yes… btw I am…. and they invite you back to their place for … some Romper Room?
Who else to you admire Don? Who are your idols other than that Rapier Clown.
When I was 18 I took both the Terman Concept Mastery test (for genius) and also the Weschler Adult Intelligence test. I got perfect scores on both. Nevertheless, I know a lot of people smarter than I am and I hang out with them and learn from them. In high school I knew Charles Sawyer, who had an I.Q. six points higher than Einstein’s; he invented the word “hack” in 1953 and I have my yearbook to prove it. We hung out a lot together; he is a fine man of character. I.Q. does not impress me, because I know a lot of very high i.Q. people who are complete nincompoops.
on OFW, genius is just your basic average don.
you’ll have to do better than that
IQ tests are for monkeys to demonstrate they have been well-trained…. and they conform to the rules of the system
Here at OFW … we prefer the measurement to be in Horse Power…. those of us that possess high levels of Horse Power are true geniuses…
We don’t think out of the box… for us… there is no box…
Those with high IQs are not … technically… geniuses… many of them can perform complex circus tricks… but then most of them do very stoooopid things … like allow themselves to be Injected with experimental substances….
Most of them also believe we have plenty of extractable oil … and that we are transitioning to EVs and solar power…. most of them believe that man is causing the earth to burn up … and almost all of them believe that man has walked on the moon!!! hahaha….
So in reality … they are quite stoooopid … with a big dollop of delusion… and extremely conformist….
Generally .. we don’t get many of these sorts on OFW… we mostly have DelusiSTANIS who do not necessarily score highly on IQ tests… they are wannabes but don’t have the Horse Power….
The high IQ types are too busy reading the NYT.. the Economist… WSJ…CNN… BBC… The Guardian…. they would dismiss anything out of the MSM as ‘conspiratorial’ because the WSJ, CNN etc… told them so…
When they do dip a toe into OFW … and spew their regurgitated garbage (that they pick up from reading rubbish like The Economist.. WSJ… NYT)…. the Core of OFW (those with the big Horse Power…) lead primarily by Fast Eddy … run them around by their noses for a bit … kinda like those great white sharks who toss seals into the air and don’t eat them… just for a bit of amusement…
Then once we tire of that… we do this:
https://youtu.be/GpncDTaQP6U?t=91
I bet your mates at the sailing club don’t do this sort of thing …. but then we are here not looking for mates… we are here seeking truth… and speaking for Fast Eddy… He has no respect for feeble minds (regardless of their IQ)…. any more than Lebron James would respect a overweight midget basketball player who thought he deserved a spot on the team ….on compassionate grounds.
Feel free to perform a sociological study on the mechanic of this don …. If you’ve not read The Prince and Atlas Shrugged… I’d start there….
And just in case you think I am making these comments in jest… I need to inform you …I am dead serious.
You are … in the presence of … intellectual Gods.
https://youtu.be/3vcNIkU3ZTI?t=207
don—I can sell you an eddyflak jacket—I don’t need it so much these days and I wondered if it would fit you
Great comment! We do need to hear different views, even if some of them are not correct. It helps to better see why the alternative views are correct.
What on earth would I do with a flak jacket? I don’t need body armor, and I have lived in extremely dangerous neighborhoods such as the south side of Chicago, territory of the Blackstone Rangers. The third generation of Blackstone Rangers (now known as the Blackstone P. Nation) terrorizes the whole neighborhood and is responsible for most of Chicago’s gang murders. Back in the the 1950s they carried switchblade knives; now they carry assault rifles and automatic pistols with large magazines. Very deadly. But as I sociologist (and my father who was an anthropologist) we found the safe corridors patrollled by policemen in fours, because the Rangers would mug pollice in groups of one or two and steal their guns.
ah
but the flak jacket i was offering also protects your mind against the slings and arrows of outrageous nutters who prowl these darkened corridors of a finite world, multiplying the thousand natural shocks that flesh is heir to, until we reach the consummation that is devoutly wished that we may shuffle off this mortal coil.
And hear an Eddyrant no more
‘We do need to hear different views, even if some of them are not correct.’
Agree… we need this stuff because it provides excellent fodder for the Cannon.
don .. please continue
normdunc… don….
Note the lower case..
Fast Eddy… He…..
Know your place…
as I’ve pointed out
ultimately 1000 horses are only useful to rose growers
particularly in this instance
It worked? You mean it got you a DelusisTAN passport?
Congratulations.
Don … think of OFW as going back to school as a mature student….
If you can come to the realization that everything you have learned up until now …. is not only useless and wrong … it is also detrimental to your ability to learn.
In all serious … you must strive to toss all that detritus you have accumulated … into the bin….
Thanks Don, I’m with you. One difference is that I was always daydreaming and was too unconcerned to discover my IQ test score or figure out their meaning. I might go for studying multiplication and other basic tables (along 19th century lines), but no text books.
And Japan is thriving!!!
The US system is excellent.
The Goy are stooopid dunces — see how easily they are fooled … they believe we’ve been on the moon… they believe Covid is the Black Plague… they believe a jet can knock down a building etc…
They are a mass of befuddled MOREONS. They are as easily lead around by their noses as any large animal. They are not capable of making rationale decisions…. or if they are … they are so easily manipulated to make bad decisions…
The fact that they continue to vote at all is evidence of how thick they are.
So where does this leave us? Oh right… the Elders… these are the wisest men to ever walk the earth…. their strength is that they operate the greatest meritocracy the earth has ever seen.
Their system, while not completely perfect… rewards the best and the brightest… it creates a two tiered society — the elite, educated, highly skilled minions… and the rest…
The elites don’t mix with the hoi polloi … so they breed … they have the money to get their children the best of the best education … ensuring that America has the best minions in the world… across the spectrum…
It is still possible to enter the elite class… but you have to be extra special… very bright… very motivated… e.g. https://en.wikipedia.org/wiki/Alfredo_Qui%C3%B1ones-Hinojosa
Here’s an analogy using elite sports…. if you are a promising young hockey player you are likely to earn a spot on a ‘AAA’ local team…. but how do you become promising? You need the physical ability and commitment but as importantly you need coaching … you need summer camps… you need personal trainers…. and that costs money. You can get there without money but you have to be exceptional… 2 players of = ability…. the one who has the better coaching etc… gets the spot..
The best then play the best … and it’s a constant process of weeding out the weak… until you get to the NHL pro ranks…. and then you have the international competitions where the best of the best of each nation compete… the top 20 in the country make the team…
This is how you achieve greatness… not by socialism… where you even up the teams by placing a mix of strong and weak players together….
Socialism rewards losers… and it weakens an empire. It can work for nations that ride the coat tails… so Canada and NZ can be socialist wonderlands … but ONLY because they are vassals of America…
If America were to do such a thing… that would be the end of their empire… they’d be sucking on Chinese or Russian tit… at best…
As for Congress… there is no need for reform… reform presumes the desire for democracy… as explained… democracy is a ridiculous concept … the Elders want figure heads in office … men and women who are venal… they do not want pesky mites who are constantly demanding things like change… demanding to have a say in how things are run…
The Elders have the best experts advising on how to run things… they do not want jerk off politicians (e.g. AOC) sticking their noses in …
I am sure about now you are recoiling in horror right Don? This goes against all the rubbish you have been taught (and you teach) …. but it is essential The Prince Doctrine refined and implemented with a great deal of thought…
And it’s why you enjoy your nice cushy life… and you are not living with chickens and pigs like the Chinese and Russians do … or in a Bombay slum pulling a rickshaw….
It’s a good thing the Elders are in command… you ultimately benefit tremendously from this arrangement.
The U.S. system of education is much worse now than it was fifty or sixty years ago. When I taught at a community college I several times had a mother and daughter in the same class at the same time. In each case the mother did dramatically better than the daughter because of superior reading and writing skills.
No, Don the u.s faces a depletion of resources and massive debt load. Not that any other country is any better….
Please read Triffens Paradox for a full understanding on the situation that we are in. And thanks for your questioning of the meme on here; I often try to do the same but unfortunately I come to the same conclusion.
… I have been thinking a little more about institutional corruption.
I have been to a fundraising congress some years ago when I approached one of the speakers saying:
– Is it not so that all organisations raising funds try to raise ever more funds without questioning the purpose of the oirganisation
– Is it not true that people giving donations need to have a “higher” income and thus are the ones prolifering wealth inequality in the first place.
The guy with a sigh said, yes that might be true.
I propose to remedy institutional corruption every future institution must:
– have a single goal
– dissolve itself when the goal is met or when it did not meet the goal in a certain set amount of time
In that case, a problem would really be solved and then the next.
The people succesful in solving one issue can then be hired for the next problem
The institution would have pressure to get it done because if the goal would not be met, all people in the organisation would receive a “bagde” on their CV (anyways: the bagde is “good” or “bad”…)
For example if we had 10 homeless in our quarter, we can create an organisation to home and work these and dissolve.
An “old style” institution would simply move to the next quarter and try to grow and find ever more cases in a self perpetuating process.
Looks good to me. Any questions ?
Good points!
Institutions invariably tend to seek to preserve themselves, and forget their founding goals.
The saying in the Way which encapsulates your view is;
‘Dismantle the workshop when the work is done.’
It’s an ancient problem……
That used to be so for early corporate charters… now they have all the “rights” of humans, in addition to being theoretically eternal.
Electric cars are perfect for the rich. They have enough land to install PV and Tesla power walls for the house and the cars. only the worker walk. Here 100 miles north of NYC there are some impressively large private PV installations. On 100 to 1000 acre gentleman farms with plenty of fences and staff.
Near me, one such gentleman allowed a local solar co-op to be built on his land in exchange for a goodly number of shares. And he apparently does have a Tesla… (as well as a private airplane and landing strip).
If you are rich enough, anything works. One of your vehicles can be a $135,000 Tesla.
Rich enough, and everything works and everyone will work for you……
Until the last stage of Over-shoot, that is, when the ‘wealth’ evaporates.
Portuguese gestapo gorillas break into house to take away a twelve-year-old terrorist who refuses to wear a mask at school.
And the covidiots of course applaude.
https://www.cmjornal.pt/sociedade/detalhe/menina-retirada-a-mae-por-militares-da-gnr-apos-se-recusar-utilizar-mascara-na-escola?ref=HP_OutrasNoticias2
So, assuming this is the whole story, the child refused to wear a mask all day in school, complaining of headaches and lethargy. The school banned her, and then she is taken away – what possible justification can there be for that?
I noted the approving comments like: ‘Masks are obligatory, personal freedom ends when your actions endanger others, the child needs educating in civic duty, ‘ etc. Probably brainwashed and fearful 70 yr olds who’ve been injected.
Ignoring the detrimental effect of masks on health. All the microfibres from masks will not be doing anyone any good, regardless of how they feel with them on.
Good God!
Very cool… they seem to understand that fire can be fun stuff.
https://www.scmp.com/news/hong-kong/law-and-crime/article/3139767/hong-kong-police-arrest-two-suspected-inciting-others
I think it’s useless really to try to look for rational justifications, since we have long abandoned the world of logic and rationality and are now living in one of those theater of the absurd plays of tjhe 50’s.
Nothing makes sense, but the public doesn’t seem to notice.
To quote a portuguese poem:
“I hate to say this, but Descartes was wrong:
there’s nothing better distributed in this world
than stupidity. “
“Against the stupidity of man the gods themselves strive in vain.” Truer words were never spoken.
But the injection program is worse than the mask program? And the mask program could be used to dilute the injection program?
They want us both masked and injected……
They want us obedient.
Or dead.
And the Goy are not obedient?
Wear a mask. Ok.
Wear 2 masks. Ok.
Allow us to inject you with this experiment. Ok.
They may, but it’s not clear. There’s wild confusion over permitting the maskless to circulate. Meanwhile, stores lean toward insistence on masks (just not 100%). That leaves room for agency on our part.
“They” want many things, one of which is order (the absence of rioting in the street). Wearing masks in lemming-like fashion accommodates that order, which is not exclusively THEIR imposed order (since all I’m getting from them is waffling).
But while we have a fair idea about the dangers of masks, the best we can say about injections is that we lack a similarly clear idea about its dangers.
So wearing masks voluntarily proves that we can accommodate order on our own. We are incrementally calling out their contradictions. They thrive on unchallenged cloudiness and confusion.
It would seem that if we could narrow the issue down to vaccinations, we’d at least get more people on our side?
Store workers who have to wear them all day should not have to wear masks much or at all. THEY can be monitored for temperature every day. The rest of us should work from home, and not wear them for more than 2 hours (for public occasions) at a time. Making safer masks is a good business opportunity, and subsidizing this is a good political opportunity.
I’ve come across people who don’t mind masks, but very much mind vaccination. If you put masks and vaccines in the same category, you stand to dilute or lose the anti-vaxxer support.
There are at least two sides to every story. And where people are involved in conflict, lots of imponderables and shades of meaning too.
I thank Almighty God the Earth Mother, the Buddha, the Prophet (peace be upon Him), the Flying Spaghetti Monster and My Lucky Stars that I’m not raising any kids.
I’d be struggling against an avalanche of social aggression and coercion to keep them safe against the horrors that the schools, the medical mafia, and the social services have planned for them.
+ + + + + + +
Five armed GNR agents stormed the house of a mother whose 12-year-old daughter has been missing school because she doesn’t like wearing a face-mask.
Paula Pinto has been described in a social services report as aggressive, explains tabloid Correio da Manhã which has carried stills of the video the distraught woman made as the police forcibly removed her daughter Leonor from her apartment.
The GNR was backed by a court order, explains the paper.
The judge’s instructions were very clear: “With resort to forced entry if necessary” stated the process for the “promotion and protection” of 12-year-old Leonor who has now been placed in the custody of her paternal grandparents for the next two months.
Paula Pinto’s video presented the situation very differently. “They are kidnapping my daughter”, she can be heard screaming as she filmed Leonor’s removal.
The mother’s version of this story is that Leonor “refused to wear a mask at school”. She told her mother she felt it was causing her to get “a lot of headaches”.
Paulo Pinto took Leonor to a doctor, who wrote out an official ‘atestado’ (sick note).
The school however appears to have called the Commission for Child Protection, alleging Paula Pinto was keeping Leonor away from school “because she didn’t agree with the use of the mask”.
This is the point where Social Services became involved, says CM. A report was compiled which accused the mother of being a liar.
The report referred to Paula Pinto having said that her daughter “did not have to support a lie invented by adults”.
Says CM, Paula Pinto alleges it was the school that has prohibited her daughter from studying, and that all entities discounted the doctor’s ‘atestado’.
Both mother and daughter have answered questions at their local courthouse (the Tribunal de Vila Pouca de Aguiar) “but their statements were not believed”, says CM.
Thus the case ended with the decision to remove the child from the mother.
Says the paper, the GNR, the school (name not given), Social Services and the Commission for Child Protection have all refused to comment.
https://www.portugalresident.com/five-armed-gnr-agents-remove-child-from-mother-over-refusal-to-wear-mask-at-school/
Cardano is outperforming all other tokens. Sold dogecoin for break even.
Now back into Cardano at 1.78
The Central Bank of Central Banks says i’m a ‘degenerate gambler’ in this 52 page snoozer just released. Here is their latest report, where they rip into the crypto-sphere as being nothing more than a huge gambling den:
https://www.bis.org/publ/work951.pdf
okay so that’s 1.78 Canadian? My source says buy and hold Cardano, after it dips some more. He’s going to, I’m not. Good luck.
You know, you can play this game with any stock or commodity. Not just crypto.
I won’t say it, but…
… buy and hold.
Actually from your rumors I took a look at the developer guide of Cardano.
I mean, how in the world can you ever make a noticable number of people accept to put “their assets” into a thing that is not even understanable with quite a technical background?
Do you think, people will compile a linux command line tool to have financial liberty?
Cardano had a hard fork recently. Does not sound very convincing….
They even have several different projects in the pipeline…
I mean I can understand that this is a “rapid evolving situation” but on the other hand, do these guys have an idea of “enough”?
I bet there is not a single developer for cardano in my whole country… oh wait: one profile in linkedIn.
And that will change the world ? uhm….
The Taliban’s have now promised to protect the TAPI pipeline (Turkmenistan, Afghanistan, Pakistan, India).
Turkmenistan is natgas rich, but has today only China as a consumer. China might not want “their” natgas to be consumed by others.
Turkmenistan also wants to build a pipeline under the Caspian sea and connect to European markets. Russia and Iran have stopped that project. Natgas prices have now hit 2008 levels in Europe. Russia hasn’t booked more natgas transit through Ukraine. Russia wants the Nord Stream 2 pipeline operational. The US is threatening to impose sanctions on Europe over NS2. Europe is a vassal as long as our banks need dollars to stay solvent.
Pipelines seems to be a complicated business.
I hardly imagine the Talibans protecting american interests! TAPI and trans caspian pipelines will probably never exist so what’s the point with sanctions over NS2? The dollar and the banks will crash eventually, and Europe cease to be the US vassal (but still controlled by the same oligarchs).
The president of Turkmenistan is a freeeek…. only white cars are allowed
https://www.news18.com/news/auto/turkmenistan-president-bans-all-colored-cars-from-capital-only-white-cars-allowed-1632963.html
well, white cars reflect sunlight better than colored ones, assisting global worming efforts.
The UK now has 27K Covid cases a day and is estimated to have 100K daily cases in 3 weeks.
But since hospitalisations isn’t rising much, since most infected are younger people and the vaccination rate is high in the UK, the government has called off the pandemic and is letting the virus basically spread freely…at least for now. Let’s see how it goes.
let it run, it’s now endemic, no big deal. Winter will reveal more, perhaps do about the level of damage as the flu used to do. Let it run.
I don’t remember if somebody has already talked about it here, I apologize if so.
Did anyone realize what Biden’s decision to withdraw American troops from Afghanistan really means?
What about the TAPI pipeline? (coupled with trans caspian pipeline)
Exxon and Chevron are supposed to have invested at least 50 billions in this area (that was in 2017). From Afghanistan the US would have been able to control the gas supply to India and Europe at the same time.
Leaving Afghanistan would erase all the american efforts during the last 2 decades.
There are also military questions since Afghanistan used to provide american bases closed to the South of Russia, an area they could not threaten from Ukraine.
The implication is : The US have lost the war even before it begins. And the arguments to justify this decision look laughable. See this article for example: https://www.nytimes.com/2021/07/02/us/politics/biden-afghanistan.html
“First was the strong likelihood that peace talks in Doha, Qatar, between the Taliban and the Afghan government would not succeed. That was largely preordained by the Trump administration’s failure to hold the Taliban accountable to the terms of a deal signed in February 2020, administration officials said.”
“The second major factor was that if the United States did not honor the peace agreement and left, any remaining U.S. forces would come under attack ”
“Finally, American intelligence officials told Mr. Biden that the threat Al Qaeda and the Islamic State posed to the United States homeland had been greatly diminished — and was likely to take at least two years to reconstitute.”
The final words are for the republicans who are not so naive:
““As our only base sandwiched between China, Russia and Iran, it’s a huge strategic asset,” Representative Michael Waltz, a Florida Republican who served in Afghanistan as an Army Green Beret, said in a Twitter message late Thursday. “Why are we just giving it away?”
The current goal of the US federal government is to destroy the US. So, no oil is good. No forward base is good.
The invasion of Taiwan is now imminent.
and what about the invasion of the US?
the woke invasion is going full speed ahead.
The woke is paid for by FED Easy money without that people would have to figure out reality.
Already occurred. Decades ago.
How much longer do we need to pretend? When can we remove the useless eaters? Not just here but in China also?
the crayziness has about another decade to run its course.
as long as the power works
after that wealth diminishes rapidly
Not good!
@david so the craziness goes on and gets more crazy? Or do you believe that we just hover here for another 10 years just like the last 10 years? I think we are at a tipping point but I spent a day with lots of mainstream people and all they could talk about their real estate values and how their stock values are going up and how much more they will all go up. They cannot and will not talk about the opposite. I asked them how can you have exponential growth in a finite system and they look at you like you are being so politically incorrect!
“The Defense Department’s latest 2020 report said war-fighting costs totaled $815.7 billion over the years. That covers the operating costs of the U.S. military in Afghanistan, everything from fuel and food to Humvees, weapons and ammunition, from tanks and armored vehicles to aircraft carriers and airstrikes.”
$50B compared to $800B, any thoughts on what the $50B would return?
Russia sunk a ton of treasure into that mess, seems Britain tried and didn’t have much success, maybe it isn’t worth the effort.
Many of the photos show homes, villages with walls surrounding them, looks like a tough neighborhood for even the locals.
Thoughts?
Dennis L.
Easy…nice way for the Military industrial complex to shed product material on primitive out sight third world people…that are deemed dangerous. Remember a buddy of mine that was in Nam and he handled a shipment of sandbags …the invoice posted each for $50.00!!!
The best sand for our brave fighting troops…
George Orwell was not too far off the mark in his book 1984… geopolitical or otherwise with the surveillance of citizens…
All things imagined come to being
Dennis, I think even $800B of public spending is rather cheap when you can print as many dollars as you want and finance your deficit through foreign countries because dollar is the reserve currency. Remember the non official goal was to loot central Asia and Iran, and control 100% of European energy consumption (and consequently 100% of a 20$T GDP), cutting the russian gas supply to Europe, and so on.
$50B of private spending is quite different because those companies risk insolvency. They already run at loss and we can expect difficult times for them.
Anyway, Afghanistan has been a key place in the US strategy for worldwide domination. And this era is officially over.
Thanks for your comment that is exactly what is happening but what happens when Triffens paradox sets in?
The reset of the monetary system, I guess, unless the reset happens first.
When you say reset….what would that look like? I wonder if it would be something like the Bretton Woods agreement? Or if they can even do something like that today with all the complexity and interconnected cogs and machinations.
I think they think there is a way out of this mess and I wonder it there is…
Like this … I presume… https://time.com/collection/great-reset/
Pretty much like Greta said a couple of years ago when she her tantrum…
https://i0.wp.com/www.bookwormroom.com/wp-content/uploads/2017/12/Stupid-Leftists-Green-Day-hypocrisy.jpg
I am not the one to ask that kind of question Sam! Probably gold will play a major part.
Not only they think there is a way out, but they carefully prepared it. I am amazed how they could synchronize the all world about a “pandemic”. This is a real masterpiece and we haven’t seen the “final bouquet” yet.
Dogecoin is SOARING!
woof!
The letter explains that to meet UK electric car targets for 2050 we would need to produce just under two times the current total annual world cobalt production, nearly the entire world production of neodymium, three quarters the world’s lithium production and at least half of the world’s copper production.
A 20% increase in UK-generated electricity would be required to charge the current 252.5 billion miles to be driven by UK cars.
https://www.nhm.ac.uk/press-office/press-releases/leading-scientists-set-out-resource-challenge-of-meeting-net-zer.html
“As the world moves to meet stringent targets for cutting carbon emissions – partly by phasing out internal-combustion-engine cars – demand for lithium, cobalt and nickel vital for electric vehicle batteries will soar, raising the prospect of shortages.”
https://www.reuters.com/business/energy/shortages-flagged-ev-materials-lithium-cobalt-2021-07-01/
Exactly! These materials are not available in the quantities needed to transition to an economy operated by electricity.
2050 asteroid, timeline is not an issue.
Dennis L.
As the saying goes: “things will continue until they can’t”. It could be worse, they could be pushing for flying cars. 😉
Rodster, Elon is working on electric flying cars.
one last new toy for the rich.
Good find!
Not said in an emotional manner.
So we kill our only home, what then? There is no place to dump all the crap, even “Limits to Growth” recognizes this. Keep energy growth usage at current rates and planet becomes the temp of boiling water, not good.
It will be a heck of a change, earth going to a bare rock will be worse. The extremists among the CC change group cause all rational thought to stop and emotional push back to start. It does not seem like social media helps, personally I have learned and benefited a great deal from this site in learning to express opinions and thoughts without being personally confrontational.
This is a rare place to try out ideas.
It is not going to be easy, it is not going to be conventional but I for one do not wish to do the hunter gather thing, in MN one could freeze one’s ….. (fill in the dots) off.
Dennis L.
I agree. It’s going to be difficult, but I think we will do it and manage to avoid collapse. Of course, I may be wrong, so I keep a two-month supply of food and water in my apartment.
Are you saying it’s not possible to replace ICE autos with EV autos unless there’s drastically less autos overall due to resource limits? I wonder how cars will be rationed without causing an uproar? People need cars to get to work in order to put food on the table for their kids?! …Perhaps if your CEP is the real deal in which case there wont be much need to ration cars or disappointment when people learn they’re trading in their petrol car for walking shoes and relocation to a walkable community.
If there aren’t jobs or roads, the demand for cars goes way down.
Do we understand the jobs problem? AI is moving quickly, society is moving quickly, don’t run may errands anymore, Amazon drops it with my post six days a week, actually some even comes on Sunday. A guess is this is a decrease in demand for many things, but the PO is advertising for employees. Probably need to be able to read, pass a drug test and show up on time, etc. Not a very high hurdle.
Dennis L.
“Are you saying it’s not possible to replace ICE autos with EV autos unless there’s drastically less autos overall due to resource limits?”
Personally, I would guess that the infrastructure needed to keep the EVs running, would on its own be impossible, before you got the question of do we have the resources to change a whole network that keeps just about everyone of us alive over in the necessary short timeframe.
Taking all things into consideration, it does make certain things look rather well timed and somewhat orchestrated, so it might more likely be a trade from a car to a mass grave, rather than walking shoes.
https://t.co/xXeWz7qPTC?amp=1
A guess:
Overall maintenance would be vastly less, pollution from used fluids including anti freeze and motor oil would be much less.
Anyone have a gas mower, snow blower? How about an electric weed trimmer? Which has less maintenance? Gas mowers and blowers seem to have problems with gas turning to “varnish” and changing oil is a pain, what to do with the waste oil. Or, two cycle, need to mix oil with gasoline.
An electric car with an aluminum chassis looks like a winner to me.
Dennis L.
This link is to a 2017 article called Military Revealed as Top Funder of Gene Drives; Gates Foundation paid $1.6 million to influence UN on gene drives
According to Google,
“Gene therapy is a medical field which focuses on the genetic modification of cells to produce a therapeutic effect or the treatment of disease by repairing or reconstructing defective genetic material.”
The example given currently is trying to wipe out mosquitos in Africa that are causing malaria. But it turns out the primary funding is the military agency DARPA. Also, the Gates Foundation is a big funder. It is hard to see why the military would want to fund this kind of research, unless they were thinking about using a similar technique on people. In fact, a person wonders about the Gates Foundation as well.
“ but you can see here
49:26 multiple grants by uh health and human
49:28 services
49:29 multiple grams grants by
49:31 [Music]
49:33 both in the upper and lower and the
49:35 department of defense which i think is
49:37 important to realize because
49:39 the department of defense is is not
49:42 really working with the girl scouts and
49:43 the boy
49:44 scouts i mean the department of defense
49:46 really has
49:47 only certain specific things that it’s
49:49 doing and it’s all related to military
49:52 purposes
49:53 um so you have all of these uh these
49:55 grants being provided from the
49:57 department of defense to
49:58 peter dayzak at equal health . . . “
‘walkable community’ … hahahahaha… you really are unable to grasp what the end of oil looks like… watching too many end of world Tee Vee shows… the ones where it’s a great adventure to be enjoying in freshly pressed LL Bean chinos and fashionable hair styles?
That’s the reason for the end of world shows… to convince people that ‘it’s not so bad…’
https://www.quora.com/What-would-the-world-be-like-if-society-collapsed (much much MUCH worse than that)
You’re saying my solarpunk dreams of 1820s-esq village life with a sprinkling of high tech gadgets vibing with friendly neighbors over shared meals is unlikely? So much for Kunstler’s world made by hand or JMG eco-technic future? It’s good to know you find me amusing, I do like to make everyone happy.
Kuntsler probably knows extinction beckons… but he’s got a nice gig selling hopium… so why not
I read the article but I see a difference in a single city being enclosed (supply from the outside is there but controlled by gangs) and a complete worldwide collapse (no supply whatsoever)
I think, for a short time (stay under the radar) there will be severe turmoil but I bet after the winter all the survivers will come out together and try to build whatever needed and possible for longer term survival.
That said: If your group has managed some things you still are prone for gang raids and disaster. Until ammo finally is gone. Ammo I bet is one of the things produced in the highest numbers on this planet. Funny.
Multiple by 4000
https://i.ytimg.com/vi/ZCnkYSO5XWg/maxresdefault.jpg
Then pretend this magically won’t happen.
The Peak Oilers (including me) have been proven wrong. Yergin and CERA have been proven right. Nothing to worry about for twenty years.
But what’s most striking is that new discoveries aren’t even close to keeping pace with the loss of conventional resources. According to Rystad, the current resource replacement ratio for conventional resources is only 16 percent. In other words, only one barrel out of every six consumed is being replaced with new resources.
https://oilprice.com/Energy/Energy-General/The-Biggest-Oil-Gas-Discoveries-Of-2019.html
What are we burning – 90M per day? Feel free to do the math using the above… then do it again … factoring in this:
He said operators had carried out “massive fracks” that created “artificial, permanent porosity”, inadvertently reducing the pressure in reservoirs and therefore the available oil.
The comments will cause alarm in the shale patch, given the crucial role of investors such as QEP in financing the onshore American oil business.
https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
Or climb back into your ivory tower… lock the doors… and put Koombaya on the stereo and pretend Daniel Yergin is not simply paid to whisper sweet nothings to prevent the Goy from realizing that we are well past peak oil…. and are being putting down like diseased dogs.
There is plenty of cheap oil for the next twenty years. If you don’t believe me, believe Robert Rapier, because he knows more about oil than either you or I do. He posts on Facebook and writes for Forbes and other publications. He is also smarter than I am.
‘He is also smarter than I am.’
That’s not saying much… oh right you were a professor….
That line might work wonders with an 18 yr old … but this Big Leagues Don… you are amongst the greatest minds on the planet… (albeit with some water bottle carries… fluffers… and wanna bes)
Your primary school spelling bee award does not impress.
Read through Gail’s archived articles… we do not have 25 years of extractable oil remaining.
When we depart there will be a lot of oil still in the ground… where it will remain… because the cost to extract is too high.
Mr Rapier either does not understand that — or he is paid to tell the Goy that there are 25 years of oil remaining … so that they do not get spooked… Meanwhile other spokespeople are telling us we are phasing out ICE vehicles and transitioning to solar and wind… we’ll complete that easily within 25 years … right…
Robert Rapier is wrong. Most of the oil will be left in the ground. Reserve amounts together with technologies available don’t tell us enough. There are too many pieces that all have to work together. There need to be enough people, earning sufficiently high wages, so that they can afford to buy a growing amount of goods and services.
Since about 1981, we have pumping up the economy with more and more debt, at lower and lower interest rates, to try to make goods and services affordable. We have also been adding more countries at lower wage levels to the world economy, so that more affordable goods could be made in the mix of goods and services. All of these things have tended to make demand higher than it otherwise would be. This has helped keep energy prices high enough that producers found it profitable to extract increasingly depleted fossil fuels.
Now, we are reaching limits on adding more debt, and in fact, on globalization. Interest rates are about as low as they can go. Many countries are still adding huge amounts of debt, but increasingly, it looks like all of this debt cannot be paid back. This is especially the case in poor countries. Harry McGibbs told us today:
https://ourfiniteworld.com/2021/06/18/how-energy-transition-models-go-wrong/comment-page-10/#comment-302503
“The Nigerian federal government spent a total of N1.8 trillion on debt servicing in the first five months of the year, representing about 98% of the total revenue generated in the same period.”
More and more countries find that they have to cut back. Even China says it is cutting back on debt. We are likely to see the debt bubble pop, and fossil fuel prices fall (in inflation adjusted terms), just as they did in late 2008. Only, this time we won’t have the benefit of the QE used to get prices back up afterward.
It will be inadequate prices that keep fossil fuels in the ground. We are past peak oil, because low prices are driving oil producers to cut back new investment. This acts to reduce production, but there is a delay before we feel the impact.
Broken supply lines will also act to limit demand. We are already seeing this with semiconductor chips. These are limiting the number of new vehicles that can be built. With fewer new cars built, there will be less demand for gasoline.
Gail, Robert Rapier knows more about oil than either I or you do. Also, he is smarter than I am.
You seem to have a thing for this Rapier fellow Don… wazzz up there????
You seem to have landed in the wrong place… you need to go to http://www.ourinfiniteworld.com
That’s Yergin’s site…
Don is an excellent example of how ivory tower people are hopeless…. they are mired in the liberalism… their hypocrisy… essentially they are not in touch with reality because they are trapped in an echo chamber with Mega DelusiSTANIS…. Oh and they also think they are smart… so much so that they are smug… as they thumb through the pages of the New York Times pleased as can be with themselves.
Don — you are so far out of your league here that you don’t even have the horse power to realize it.
And if you and I live a million years… there is no way I could bring your around….
Enjoy the final days of civilization Don… you’ve got your two months of food and water in storage… I am sure you’ll be just fine
Don exhibits a complete failure to grasp even the simplest concepts…. that’s no doubt a product of his environment where if one attaches ‘PHD’ to a name — one immediately has credibility.
Well Fast Eddy has 56 PHDs at this point … big deal… he could churn 3 out today (if He wanted to) its the 1000IQ that is the credibility. And you don’t get that in a community college… nor an Ivy League School.
With the likes of Don teaching in community colleges … who knows what else is out there….
No wonder we are faced with an Army of Delusional Thinkers (DelusiSTANIS)…
On the positive side… Don provides a constant barrage of illogical nonsense … fodder for Fast Eddy.
https://media0.giphy.com/media/1Y6eOlvgr9JuM9dgF5/giphy.gif
in true Marie Antoinette style, the rich are taking available resources and burning them
https://edition.cnn.com/travel/article/somnio-worlds-first-yacht-liner-unveiled/index.html
How can we reset the economy and still keep the rich rich? That is the question that they ask themselves every day like helicopter parents constantly adjusting here fixing this fixing that it must be tiresome for the powers that be.
the economy cannot be reset
anymore than more surplus energy can be found to power it
I know that and you know that but do they know that? I don’t think they do and they will try everything they can possibly try. They will just make the problem much worse.
of course they do
but the proletariat must be placated for as long as possible.
the prime motivation is:
”for as long as I’m in office”
after that its somebody else problem
You are correct Sam, they don’t know it.
Part of the Great Re-set ‘imaginings’ are just a smoke screen to deceive and placate – the Green Clean Wonderland – but they have real objectives which are believed to be viable.
In trying to achieve the impossible, they will – for a brief time – create Hell in imposing their Revolution in All Things.
I am seeing a Devastated Wasteland… then after a few centuries… Greta’s Green Utopia… (no EVs or solar panels though)
Eddy, glad to see you can see the utopia beyond the wasteland.
Fast Eddy said:
That’s quote a turnaround. So you don’t see human extinction for centuries at least. That’s good.
How else do you get a green utopia without exterminating The Problem?
Fast Eddy wrote:
You wrote “Greta’s Green Utopia” and I’m pretty sure Greta doesn’t wish for human extinction.
Of course she envisions solar panels and EVs…. we’ll get the green utopia… sans the vile species
And here I am thinking … ‘they’ didn’t suddenly find Jesus… rather… now that we have over 2 billion CovIDIOTS Injected…. Phase 2 begins….
As Bossche has suggested… Devil Covid comes more quickly when you allow the Injected CovIDIOTS to be in contact with each other…. so they can share their variants and promote lethality..
If you google this – we have to live with covid – it’s ‘trending’ in the MSM… and we know the MSM exists to tell MOREONS what to think…. there is ALWAYS and agenda…. (see above)
https://lockdownsceptics.org/2021/07/03/sajid-javid-we-are-going-to-have-to-find-ways-to-cope-with-covid-just-as-we-do-with-flu/
The CovIDIOTS will be sighing in relief… as they are released from their cages… but the respite will be short-lived.
This is kinda like knowing the result of a sports match in advance… but different in that if you know the score you lose interest… with this it’s more fun … because you can watch the CovIDIOTS high-fiving … thinking this is almost over…. but you know that soon BOOM!!!…. they will be HIT with a vicious right hand…
And Devil Covid will begin.
Perhaps similar to being told ‘we got all the cancer… you’re all good now’…. then 2 months later… you get another massive lump… and this time it’s terminal.
Norm,
Perhaps time to polish your skills and join the group? Not sarcastic, whatever their faults, they understand the system and have benefited from it. Lobster problem again.
Dennis L.
“‘Poverty and inequality’ paving way for IS resurgence in Syria and Iraq, US warns.
“The deteriorating economic conditions in Iraq and Syria are allowing the Islamic State (IS) group to reconstitute, the State Department’s envoy to the US-led coalition battling the group has warned.”
https://www.middleeasteye.net/news/syria-iraq-islamic-state-group-exploiting-poverty-resurgence-us-envoy-warns
“Lebanon’s army chief Joseph Aoun has warned the armed forces might collapse if not financially supported…
“The international community fears if the armed forces were to disintegrate, local sectarian militias would rise in a country ripe to catapult into complete chaos… The survival of the Lebanese army is essential to avoid another wave of migration to Europe and a bulwark in any future confrontation between Hezbollah and Israel.”
https://www.aljazeera.com/news/2021/7/2/what-would-the-collapse-of-lebanons-army-mean
A vacuum! This should be exciting https://www.scmp.com/week-asia/politics/article/3139412/us-withdrawal-opens-pandoras-box-afghanistan-pakistan-and-china
The Afghanistan mess!
The PTB will need to learn to ignore poor people fighting as that will become ever more wide spread.
The eternal struggle for power continues unabated. It is what humans do, like all of the cosmos.
Taliban is Afghan nationalist rather than international jihadi. They are realistic enough to understand that they cannot overpower their neighbours like Pakistan, Iran and India, and they have been careful to nurture ties with all of them. They seem to be secure from attack by any of them. Pakistan has refused USA any further use of that land for USA operations.
My guess is that Afghanistan is pretty safe from Russian or Chinese occupation for the foreseeable, anyway. I doubt that either of them would be comfortable with being a follow up act to USA occupation there. Afghanistan does not have much geopolitical strategic importance or resources, as far as I am aware anyway.
They will have the unpleasant task of keeping IS at bay, which has designs on everywhere including Afghanistan. IS success in Afghanistan would completely change the international dynamics. Of course, everything changes once global collapse sets in, and nothing could be ruled out in that context.
I think they have a lot of lithium and some other rares.
The Taliban are Pashtun, and have their strength in the south of Afghanistan (with another pocket near Turkmenistan). They have close ties with Pakistan and its military. Tajiks and other Central Asian groups dominate in the north. They and the Pashtuns tend to fight over Kabul.
“Wall Street Rebels Warn of ‘Disastrous’ $11 Trillion Index Boom.
“Fifty years since the first fund was created to mimic the moves of an entire market, naysayers fear the industry is now so big it threatens the capitalist social order.”
https://www.bloomberg.com/news/articles/2021-07-02/wall-street-rebels-warn-of-disastrous-11-trillion-index-boom
“The Federal Reserve of New York’s overnight reverse repo facility has set a new record deposit level. The facility took in $991.9 billion in short-term deposits from 90 counterparties on June 30.
“That figure was nearly 18% larger than the previous record, set only the day before, when the reverse repo window took in $841.2 billion.”
https://www.centralbanking.com/central-banks/monetary-policy/unconventional-monetary-policy/7850951/ny-feds-reserve-repo-facility-marks-new-record
Wow!
Oh, dear! We also have Blackrock and others controlling huge a share of pension and other funds, so that they have a disproportionate share of the market. As well as the rating organizations, trying to push ESG investments.
Guess:
Most storage of digital wealth isn’t there, money is now mostly transactions, bitcoin or a derivative will do that well, if electrical wipeout were a problem cc would be in far greater trouble. The grid will not fail, it will go on, it is an essential, oil to repair it will come from grounded planes, moored cruise liners, etc.
Blackrock and the rest have financialized many things, but companies such as Google as I recall more of less skipped Wall Street. Musk is another example, without Musk it is worthless. Wall Street is discretionary, not essential. Financialization may be the industry easiest to convert to AI, at a base level even chat bots are starting to work well.
You have recognized currencies may go local, perhaps it has already happened, cc and bitcoin. Cc’s are interesting, managed properly they are a source of interest free capital, indeed, the right cards will actually pay the user a percentage, negative interest.
Dennis L.
“Slough goes bankrupt after discovery of £100m ‘black hole’ in budget.
“A third English local authority has declared itself effectively bankrupt after the discovery of a “catastrophic” £100m black hole in its budget – the result of what it admitted had been years of poor financial management and mishandling of commercial investments.”
https://www.theguardian.com/society/2021/jul/02/slough-goes-bankrupt-after-discovery-of-100m-black-hole-in-budget
“UK Supermarkets have been warned of a growing risk of modern slavery in supply chains as businesses desperately strive to tackle the ongoing labour crisis.
“Labour shortages continue to take hold across the UK food supply chain with 78% not expecting to have a sufficient workforce this year, according to a recent survey by the Association of Labour Providers.”
https://www.thegrocer.co.uk/buying-and-supplying/slave-labour-warnings-raised-amid-labour-shortages/657618.article
“Newport Wafer Fab, the U.K.’s largest chip producer, is set to be acquired by Chinese-owned semiconductor company Nexperia for around £63 million ($87 million) next week, according to two sources close to the deal who asked to remain anonymous because the information is not yet public.”
https://www.cnbc.com/2021/07/02/uks-largest-chip-plant-set-to-be-acquired-by-chinese-owned-nexperia.html
Lot’s of controversy about the sale:
Did you see their article from a couple of weeks ago Harry?
https://www.thegrocer.co.uk/supermarkets/food-shortages-now-inevitable-due-to-labour-crisis-industry-warns/657227.article
Quite a few in-between as well, that all paint a worrying picture.
Your regular little bundles of positivity do seem to include more and more about our own mismanagement lately,
Then I’m minded of a sentence from Gail, as others have noted.
“The major thing that makes an economy grow is an ever increasing supply of inexpensive-to-produce energy products.”
Which worryingly leads on to
“In general, the less expensive an energy product is, the more helpful it will be to an economy. A country operating with an inexpensive mix of energy products will tend to be more competitive in the world market than one with a high-cost mix of energy products.”
Have we been led to periphery status in the system so soon?
You are linking to an article about the UK situation, which is indeed looking very bad. One quote I noticed was
“Among hauliers, the strain is worsening as the reopening of pubs and restaurants continues to increase demand.”
Closing down restaurants and pubs allowed food to go a lot farther. Things like conventions and weddings also tend to have a lot of food waste. When people stay at home, the food goes a lot farther. Keeping people at home tends to help hide food shortages. It also keeps the bill for imported oil down.
Europe’s oil supply has mostly disappeared. This is a big part of its problem. It pushes Europe to the periphery.
First three paragraphs:
During the pandemic there was not enough toilet paper, etc., everything was going to homes. Now, there is not enough for restaurants, they have a great deal of food waste.
I eat out frequently, looking at the customers there is not much going directly to waste prior to processing, most completely clean their plates or have take home boxes.
Paragraph 3 by memory does not agree with previous arguments.
Stuff is getting harder to get, but during the past year things were shut down, that production time cannot be regained, what was not produced cannot be produced in a reasonable timeframe looking forward. Don’t work a year, expect your income to be missing a year’s worth.
Dennis L.
“Closing down restaurants and pubs allowed food to go a lot farther. Things like conventions and weddings also tend to have a lot of food waste. When people stay at home, the food goes a lot farther. Keeping people at home tends to help hide food shortages. It also keeps the bill for imported oil down.”
It’s a rather strange situation Gail. I have seen the change in the supermarkets as supplies have obviously dwindled, but also a large local meat farmer that normally sells mainly to restaurants, selling at half price through a local garden centre that has a food hall.
That farmer has hopefully seen their fortunes change, as I’m rather hoping that they haven’t reduced production.
Harry, a centrifugal force, as a term to describe, has a wonderful disassociated calm about it. I hear there’s a point during drowning very much like this.
Mirror on the wall, thanks for the reminder of what we knew before our glorious leaders embarked on this insanity. I’m guessing 48% is now no more than a dream and these problems were easily foreseen?
FoolishFitz, I did see it. Re our periphery status, I do fear that Brexit has exerted a centrifugal force.
This webstite is done by ‘the UK cross-government programme on food security research’, and it reckons that ‘the UK is not self-sufficient in food production; it imports 48% of the total food consumed and the proportion is rising.’ That was in 2015.
https://www.foodsecurity.ac.uk/challenge/uk-threat/
48%!
And as we are seeing, a lot of the food grown here depends on seasonal migrant labour – and haulers.
The day may soon come that Brits have to stop mucking about on trains in the morning and with lunatics in offices and start digging that ground again.
Without modern oil-based fertilisers, most of us would starve anyway.
Economic growth depends on labour expansion, and the population just keeps getting bigger and bigger. None of that is sustainable. That crash, when it comes, is going to be as bad as it could possibly have been. The state pursues as much growth as possible, and as much labour expansion as the economy can absorb. The British capitalist state has set us up for the mother of all catastrophes, when the time comes.
This means
” the council is to impose “rigorous spend control measures” that are likely to mean significant job losses, cuts to services, and the sale of buildings and land, to ensure it can “live within its means” in the long term.”
The job losses are a big deal, unless someone else pays the wages of these individuals. Sale of buildings and land could depress prices.
Harry,
People want to believe, someone comes along and tells them a story, they can have it all; the enemy is not so much financial management as poor accounting. Knowledge of assets/liabilities and liquidity can avoid most of these disasters.
This happened some years ago in a suburb of Milwaukee, some clown told the city fathers/mothers they could have it all, some influential broad sold the idea to fellow members, it blew up. This is a suburb with a significant population of very intelligent people belonging to a often referenced group on this site. Everyone makes mistakes, all of us believe in something.
Dennis L.
I’ve been reading Russ WInter’s fascinating account of how Bill Cosby may not have been nearly as guilty as made out. He seems to be the target of an extortion racket.
https://www.winterwatch.net/2021/07/cosby-the-rapist-41-women-1-organized-lie/
In the comments to the post, someone who calls themselves Simad says:
“Another strange side to the Cosby story, which I noticed when looking at a lot of his so called accusers, is that most of them look like drag queens.
And then I ran across this: (this being a YouTube video)
a) who cares?
B) that’s how you spend your limited time?
What next full debate and Britney Spears??
a) I care deeply when a man is treated so unjustly—particularly when it’s a black man in the age of Black Lives Matter and the usual SJW amen chorus doesn’t chirp. On several levels, this story is a fascinating glimpse behind the curtain.
B) Says someone who spends their limited time posting comments on an obscure blog on a daily basis? What else have you done today. I’ve harvested my potatoes and put up a shed in the new barn.
Britney what? I’ve never heard of them. Are they a type of asparagus or what?
Oh Tim you didn’t … Britney Spears ….
I am going to call B.S on that Tim; you love the political diatribe. I will try to find some more black men for you to cry about. I could care less I hate both political parties almost equally. Right now I hate the democrats the most because they are in power spouting off the political correctness and green dreams as if they are true
As far as obscure blog I think you should look at that statement again. This website has a lot of traffic; because it is not quoted on FOX or CNN does not mean it is irrelevant.
I am more interested in the implications and the how and when the collapse is going to occur. I come here for information on that. If I wanted to hear political diatribe I would go to Zero Hedge and comment on there.
Would be nice if conversations could break off into different chats…..ie. energy, economics, and then political…..I have to scroll down so far to find pertinent information gets buried several pages back.
Sam, do I hear you volunteering to set up an OFW-themed forum?
I agree most emphatically.
ya know … she looks so bad now… I’d turn her down if she invited me to Eichardts for a romp…
once she blows the lot she’ll have a short career in hard core p orn … before putting the gun in her mouth
BTW – who in the f789 thought this was a good idea?
Just watch Black mirror S5 Ep1. Awesome televised version of the Britney story. Plus I am sure you are gonna like it.
Bill Cosby is a fool; he was never funny and only got to where he was because he “played the game” and the color of his skin. He got off on a technicality….and yes “Tim” all women start to look like drag queens when they get older…Its called going to seed! .nature is cruel …..But I bet you are the prettiest pig of the bunch !
Cosby got off on a technicality, you say. Would that technicality be that he was not guilty by any chance?
That’s a fairly sweeping and damning statement about all women, Emery. I know some stunningly beautiful and feminine women who are in their sixties or seventies.
And then again, I also know some stunningly funny people named Emery.
Black Mirror is superb… too bad it’s been shut down after s5.
I could see an episode where Fauci is forced to copulate with a dog on camera to save the world from Covid.
I’m in complete agreement 🙂
I loved it the first time, found it insane the second. There is a high level of sadism. We are cattle and deserve to be treated that way.
I am all for chaining the Green Goy to treadmills and having them feed electricity to power my house post collapse. I wonder how many I would need? They shouldn’t need to be chained … they’d do it willingly if I were to halt coal burning and go with electric heaters throughout.
What happens when (not if) WTI climbs to 100 by Sept?
Permanent Climate Lockdown is implemented in Nov.
***Ongoing Gamespot Saga CRASHES stock market
“Cyber Attack” occurs. Internet goes down
5000 remaining Banks in USA are done for. Money is done for.
What happens then is unthinkable.
***GME stock will go from 200 to 100000+. It will destroy the entire financial system and almost noone knows about it except me. Anybody who doesn’t have at least $500 in GME is a fool.
The price of food soars. The price of vehicles soars. Wages don’t soar; lots of debt defaults occur because people can’t pay their mortgages and auto loans. Even if the price hits $100, it can’t stay there for long. The debt bubble will tend to burst.
Of course, governments can try to prevent this, with yet more mortgage and other loan guarantees, and wages for non-working people. We will see how this works out.
Discretionary side contraction, macro, move to the essential side. E. g. trading bits on a screen, learn to weld, $100K for a cc education. Work a young banker’s hours, maybe double that with overtime.
Debt will burst in some segments, not all. Strip malls are probably already gone, large malls seem so yesterday, the system will realign to the extent political factors do not try and stop change. Mall owners bankrupt, Bezos to the moon.
Dennis L.
Personally, I think I can eat for $10/day with excellent food, Icelandic Cod, chicken, and half a prime filet from Sam’s, maybe 4 ounces along with salad and broccoli, sometimes other things. I alternate days with meat.
Rice is cheap, buy a cooker and a large bag.
Oatmeal from Sam’s in a large, bulk box, almost free, skip sugar, raisins, cinnamon, some flax seed for the gut bacteria, breakfast done. Grapefruit is a problem, $1.50/grapefruit, split it with a friend, $.75/fruit.
Lunch a couple pieces of cheese and two apples, Sam’s.
It is not that hard, share meal with a friend and the cost declines.
Yes, someone is going to add all this up and find an error, skip the fillet, skip the cod, it is really expensive. Look at people at Sam’s, no one is starving, just the opposite.
Buy a F150, go bankrupt, was maybe is the most popular vehicle in MN. Rent when needed, it only looks expensive.
My Camry hybrid is now 14 years old, make it $2k/year to drive, $166/month in vehicle cost(one can generally get minimal or no interest financing). Drive it 80mph, get 30mpg, drive it 62mph get 40mpg your mileage will vary.
School bus drivers now make $20.4/hour, get a side job at Menards, throw in an employee discount, find a fixer upper, make a life. Sleep is a luxury, think of it as discretionary.
Find one wife, understand life is not a trial run, all is well with the universe. Mom and dad need to look at potential spouses, girls need this, they tend to like bad boys, dad returns to house looking for his shotgun, bad boy leaves, seeks sweet young thing with a single mom, she is looking for a male role model, whatever. No, it is not easy in today’s society, but life is not Hollywood and most happy endings start with a good beginning.
With a bit of luck, Hollywood will become discretionary and that nonsense will be turned off, but even Moses had trouble with this issue.
Dennis L.
I just learned that starting next week Hawaii requires all AstraZeneca elixir recipients to test negative before flying to the islands. Pfizer, Johnson and Johnson, and Moderna elixir recipients do not have to test at all before flying to the islands.
Also, Tahiti has determined that visitors must be vaccinated AND they must have two elixirs from the same manufacturer. For example, it is not permissible to have received a mix of elixirs, such one Pfizer and one Moderna.
My sister-in-law in the UK learned that her particular AstraZeneca elixir is not recognized as legitimate by the European Union. This is because her batch number confirms that her elixir was produced in an Indian factory and, apparently, this factory never formally applied for approval.
A new form of categorization and identification. “What is your vaccine status?” There will be no winning for anyone playing this game. Fools and cowards rush in thinking they will be awarded with privileges in the “New Normal.” Instead, they will be categorized, identified, and controlled in new and unforeseen ways.
It’s very funny, and serves the bloody fools right.
Just as every Totalitarian system invariably behaves: the compliant will get crushed in their turn…..
I think that the best strategy for us would be to refuse to comply to these rules, avoiding completely travels and let airlines and (long travel) tourism die,
Considering that airlines and (long travel) tourism would probably die anyway, it is better to make them die now for these draconian rules.
That way, these authoritarian rules would backfire those who have created, because these rulese will have not reached the goal to reduce travels and tourism, but they will have reached the goal to kill everything.
They clearly intend to kill those sectors anyway, and are simply using the false promise of renewed international leisure mass travel to induce people to get injected.
Yes, I agree. But the well-deserved response should be that airlines and long-range tourism should die now just because of these restrictions.
Therefore, no controlled economic reduction, but just collapse due to green passes and imposition of vaccines.
I say again get them all they are safe and effective.
Safe for me, and very effective at getting rid of you!
Klaus.
All kinds of details a person would never think of. Was this batch of vaccine made in India? I suppose it would be useful to know if the person was immune compromised as well.
Yes, my sister-in-law’s batch was made in India by Serum Institute of India. No, she’s not immune compromised. There are three different batch numbers which belong to this manufacturer. UK residents get to play the fun game of checking their “vaccine” cards to see if they’ve won the Serum Institute of India lottery.
The gist can be found here:
https://www.independent.co.uk/news/uk/home-news/travel-europe-vaccine-astrazeneca-covishield-b1876764.html
“Millions of Britons could be shut out of European holidays because some AstraZeneca jabs are not automatically recognised by the EU vaccine passport scheme, it was reported on Friday.
“The new EU Covid certificate, designed to open up travel for those immunised against the virus, does not include batches of the vaccine produced in India because they have not been approved by the European Medicines Agency (EMA).
“The UK is among many countries to have approved the so-called Covishield version of the AZ jab, made by the Serum Institute of India. It is chemically identical to the original AZ version.
“Up to 5 million Indian-made doses have been administered in the UK, the Daily Telegraph reported, identifiable by their batch numbers as shown on patients’ card or in the NHS app.
“Those Britons could be turned away at EU border crossings, the newspaper said.
“Many other countries – including India itself – are also affected because the Indian-made version accounts for the majority of AZ doses supplied to poorer nations as part of the Covax vaccine-sharing scheme.
“However, EU member states may accept non-EMA-approved vaccines if they wish.
“Germany and Spain are among nine EU members who have told India they will accept the Covishield version, Indian foreign ministry sources told Associated Press.
“The EMA said on Thursday it has not received any application for authorisation of Covishield, the version of AstraZeneca’s vaccine made by the Serum Institute of India.”
The whole situation is asinine, but I suppose that is to be expected as humanity grinds itself down through a self-imposed scamdemic.
But the most worrying point is not to have approval for green pass, but to be sure that the vaccine from India has done a safe transport with the correct low temperature all the way through.
I know goods transportation well and keeping a safe low temperature for long distance travels in the pharmaceutical sector is a very delicate issue.
There is a real easy solution. Just put a microchip in the vaccine that can be scanned at the airports 😉
Just an idea for the next worldwide vaccination
Any reason to save oil .. without saying the purpose is to save oil.
The WSJ reports on the OPEC + Russia meeting:
OPEC-Plus Deadlocked on Oil Production Boost Deal
Cartel and Russia-led allies blocked by U.A.E. in production-boost accord
The lack of an agreement didn’t do much for prices. Presumably, each country will do as it chooses. If prices go up quite a bit, they will be inclined to pump more. If they don’t, they won’t. Some countries may have difficulty raising production.
And as prices increase, the economy declines. Which is not good because of the lockdowns and businesses are already hurting.
There are people commenting here who are anticaxers. But the truth is that many of us could not survive until now without the various vaccines which were made possible by the fossil fuels.
Our high standard of living is not possible without the vaccines. The vaccines are one of the main means which allowed for the skyrocketing of the human population.
What you’ve stated is the conventional wisdom regarding vaccines, which most of us, including myself, have believed all our lives. However, the time has come to wake up and smell the propaganda.
Jenner was a fraud, and the unfortunate boy who he serially inoculated against smallpox died before he reached manhood as a result of Jenner’s inoculations.
Smallpox and in the West were on the decline and close to the point of being a minor disease well before mass vaccinations started. It is not very contagious and spreads mostly between those sick with symptoms of it and their caregivers. A combination of adequate sanitation, adequate nutrition and isolation and bed rest and chicken soup for the sick and protection for the nurses tending them is enough to deal with it. The vaccinations against it caused far more suffering than they prevented.
As for polio in the 20th century, those iron lungs were the equivalent of today’s Covid ventilators. Part of their role was as fear porn to make people afraid, very afraid of whatever it was that caused the disease so that they would take the shots. Experts today argue over whether polio was or is one disease caused by one virus or a set of symptoms caused by a variety of things. They also argue over whether it has really been eradicated or whether it is still present but called by another name (because we all know from the propaganda that vaccines have eradicated polio) such as Guillain-Barre (gee-YAH-buh-RAY) syndrome.
Rubella? very nasty and perhaps vaccination against it is a good idea. Measles, mumps, chickenpox, not so much. They have all been rendered “normal childhood diseases” by that same combination of adequate sanitation, adequate nutrition and isolation and bed rest and chicken soup for the sick.
Tetanus? Don’t make me laugh! The disease is not nearly as common or as dangerous as advertised and the vax has been used in Africa, Latin America and probably elsewhere to covertly sterilize women of childbearing age.
Meningitis? Fifty years ago I lost a cousin—a beautiful and vivacious baby girl—to the meningitis vaccine. I never lost any relatives to the disease itself.
Dengue fever? This is a relatively new innovation. Three years ago a friend of mine, 70 year old Englishman living in Japan, took the shot and went on a trip to Bali, where he came down with—you guessed it—dengue fever. The fever was so bad that it scrambled his brain. Upon his return, he couldn’t remember anybody’s name or even his own address, and in the following months he developed full blown Alzheimer’s disease. None of my friends has ever been lost to Dengue either.
Cervical cancer? The trail of death, destruction wrought by that vax was so bad in teenage girls that the Japanese Government summoned up the courage to remove it from the schedule. In America, I’m told they also give it to boys. The best preventive strategy for cervical cancer is to reduce promiscuity. Tell the kids that true love waits and that if you don’t wait, you’ll die horribly!
So yes, aftyer what I’ve learned over the past decade, I am anti-vax and bloody proud of it! I stand with the Mahatma on this one.
https://pbs.twimg.com/media/EjSrzqRUcAEvcST.jpg
The Dengue fever vaccine killed hundreds of children in the philippines and was halted… Covid vaccines have killed tens of thousands…. maimed hundreds of thousands
However, these are not vaccines of the traditional kind. Rather they are experimental drugs posing as vaccines that have caused to date, untold deaths and injuries. Those same pharmaceutical companies have been given indemnity. If we were living in a semi-honest and sane world, those vaccines would have been pulled from distribution but instead we are told to disregard all the collateral damage and take “The Jab”.
If these were traditional vaccines, i’d have little problems with that but these are not. And those who you label as anti-vaxxers are those who see past the mental intercourse. Tony Faucimand others are making bank off these experimental drugs. Currently this is a $9.7 billion dollar business for Big Pharma.
The skyrocketing of population was made possible by FF but not by the way of the vaccines. It’s mainly because we could grow more food with the machines. Plus, the lowest class could reach a level of comfort and hygiene unprecedented (with heating during winter and bathrooms). That is all.
The surplus produced by oil industry was just recycled in chemistry and drugs (see Ig Farben) so they needed to convince us that we were dependent on them. There is nothing more to know about it.
I’d dispute that: drinking water that doesn’t kill, fossil fuels as fertilisers, and antibiotics are of far greater relevance.
Even the well-nourished rich used to die of tainted water in large numbers.
Also, great improvements in midwifery: as late as the 1930’s it still made sense for a pregnant woman to make her will.
Xabier, I think antibiotics are much overrated. There are many other ways to cure. A friend of mine spent some time in the desert with berbers. They taught him many things you could hardly believe. Ancient knowledge that they keep preciously.
Today Big pharma has no interest in those techniques, obviously.
Fertilizers? who needs them when rotations provide a better service? Agriculture today produces much but our soils are dead.
We live in a world in which we have lost the ability to live by ourselves. It is time to remember.
Without Haber Bosch… Malthus rings the bell decades ago… before the spent fuel ponds… so we could have returned to scratching in the dirt….
I agree Thierry, but antibiotics were a great quick fix.
Unfortunately one can also abuse them on a vast and dangerous scale unlike traditional medicines which can also be mis-prescribed, of course.
I wrote here about an Iranian girlfriend who got nowhere with Western medicine, here and in Iran, and was cured of a painful chronic condition by leeches, which she tried as a last resort thinking it was all nonsense.
On the other hand, many people were certainly killed in the past by the wrong use of leeches and bleeding.
I agree. The population increase was caused by a decline in death rates (especially among children) and not an increase in birth rates. Birth rates are now declining drastically in all prosperous countries and also in India. To get birth rates down all you have to do is to educate women and get them into the labor force and thereby give them something meaningful to do instead of staying home and having more babies.
Maybe long covid is just people are sick and depressed having to listen to this non-stop fear campaign on the Tee Vee… and they are getting beaten down by the propaganda machine…
Or might it be the repetitive lockdowns and face diapers?
Long as in this is Way To F789ing Long and the Goy’s brains are burning out
People are beginning to tune out as they are seeing past the Scam-demic. Protests are getting larger in London as more and more are catching on that they have been played for fools.
Exposed for the fools that they are… if Bossche is correct.. too little too late.
Does Long Covid Really Exist
But it really is true that some sources are telling Long Covid sufferers that it’s all in their head. In a Wall Street Journal piece in March, the psychiatrist Jeremy Devine described Long Covid as “largely an invention of vocal patient activist groups”. The US National Institutes for Health committing to fund research into Long Covid was, Devine wrote, “a victory for pseudoscience” which would “further perpetuate patient denial of mental illness and psychosomatic symptoms” (the Journal also published a response piece a few days later).
Devine made the connection between Long Covid and “Chronic Lyme Disease”. Chronic Lyme sounds a bit like Lyme Disease, the very real bacterial infection you can catch from a tick bite and that can cause genuinely horrible symptoms. But the medical consensus is that Chronic Lyme — which is said to produce a whole range of perhaps-familiar symptoms including fatigue, muscle pains, brain fog, and so on — doesn’t exist, or at least, there’s no good evidence that the symptoms are linked to a tick-borne infection. Regardless, a whole industry of quack clinics has grown up around Chronic Lyme, often bilking vulnerable patients — who’ve latched on to the diagnosis despite the lack of medical evidence — out of large amounts of money.
And indeed one of the strongest pieces of evidence for Devine’s link between Long Covid and Chronic Lyme is that, in at least some studies, a substantial proportion of those who identify as having Long Covid can’t actually prove they had a coronavirus infection to begin with.
Game over for Long Covid? Not necessarily: first of all, many Long Covid sufferers clearly have had an infection. And we all know that for long periods during the pandemic — particularly during the first wave — testing capacity was terrible, with vast numbers of people infected but not showing up in the numbers. It’s possible that the antibodies in their system faded over time.
Still, as the medical scientist Adam Gaffney has argued, it’s likely that some substantial proportion of people reporting Long Covid are actually people who’ve never had the virus. Which might help us understand why the numbers on Long Covid are so weird.
Some sources argue that “10-30%” of people who have had a Covid infection go on to experience it — which is itself already quite a range. But look at a UK study released this week (which hasn’t yet been peer-reviewed and is in preprint form). The researchers — some of whom are colleagues of mine — were able to dig into electronic health records from the NHS, and produced a startling figure. Of the 1,199,812 people they found who’d had a positive test for Covid, been hospitalised for Covid or been otherwise diagnosed with Covid, just 3,327 had also reported Long Covid — that’s 0.27%, a different universe from the other numbers.
How do we reconcile these wildly varying prevalence estimates? Perhaps a large number of Long Covid sufferers didn’t report their condition to their doctor, so it never appeared on their NHS record (after all, patient advocates do report a lack of understanding from clinicians on this type of chronic condition). It’s also possible that a lot of people who’d never had Covid nonetheless reported Long Covid in the earlier surveys — but this would have to be a truly dramatic effect to explain the disparity.
It’s more likely that we’re talking about entirely different things: studies, surveys and reports in the media can define Long Covid in very different ways. You have patients who’d been hospitalised for a severe disease, which might be expected to knock anyone for six, weakening them in many ways for many months afterwards. You have those who continue to have observable problems with their lungs and other organs. And you have people, many of whom were never hospitalised and who had a much milder experience of Covid itself, reporting debilitating symptoms that are much harder to measure or explain.
Part of the confusion also has to do with the grab-bag “non-specificity” of the Long Covid symptoms: we know that fatigue, pain, and many of the other commonly-reported complaints can be caused by a whole range of other disorders, including psychosomatic ones or can appear in the absence of any known diagnosis.
Medical science is notoriously bad at explaining, treating or even properly describing symptoms like fatigue and chronic pain. This is something we’ve struggled with for decades, much to the dismay of endless numbers of patients who often feel ignored and misunderstood by their doctors (scandals relating to a lack of transparency in trials of treatments for chronic pain don’t help). Advocates for Long Covid patients point to embarrassing mistakes made in the past, like Freud’s idea that “repressed erotic ideas” were the cause of some physical symptoms.
https://unherd.com/2021/06/does-long-covid-really-exist/
I’m tired of the Long-Covid whiners. No bloody backbone…..
all my work colleagues who got their covid shots had varying side effects of heavy continuous sweating a lingering permanent cough sore muscles like cramps on their chest areas and pooing out grey poo. Theyre still working and actively encouraging the dissenters to get their shots.
How do we classify vaccine-related maimings like blindness… heart attacks… blood clots in the brain?
Long Covid Vaccine Injuries… hundreds of thousands
A bit worse than a nagging cough
‘Long-Vax’!
Can’t see the BBC using that any time soon……..
Good God, Adonis! I suppose they need validation in their choice.
Grey crap is a new one for the list……
No one know any one else’s pain.
Unionized employees getting a loooong vacation. Sorry boss I know it has been eight months but cough cough I still have the long vid.
@ Ed …..yes if your Union is any good! My Union sucks! Can’t even get a raise! I was never in the Union until recently and used to think like you…now I know better! People on the outside make more money and can take more time off and then the can get government handouts!
All we got is job security and I hope that last when the time comes. We may not even have that!