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.
“[US] Hotels’ and Restaurants’ Rebound Summer Held Back by Shortages of Everything.
“Just when demand is surging, hospitality businesses are squeezed from all sides, including lack of workers and rising costs of supplies.”
https://www.wsj.com/articles/hotels-and-restaurants-rebound-summer-held-back-by-shortages-of-everything-11624640378
“Supply chain pressures are still a problem due to US workforce shortages, manufacturing group says.
““We’re seeing rising cost pressures” due to workforce shortages and demand exceeding supply, Timmons said on “Squawk on the Street.” “What that’s doing is it’s causing bottlenecks in a lot of the supply chain for manufacturers who make the finished goods.””
https://www.cnbc.com/2021/06/24/supply-chain-pressures-are-still-a-problem-due-to-workforce-shortages.html
“Sporadic Gasoline Shortages Are Surfacing Across Six U.S. States…
“Fuel-hauling companies that reduced staff during the pandemic are struggling to hire back drivers that found jobs elsewhere, leaving Florida, Iowa, Ohio, Washington, Oregon and Colorado with cases of bagged pumps and outages of regular and premium gasoline in some filling stations, OPIS said Thursday.”
https://www.bloomberg.com/news/articles/2021-06-24/gasoline-shortages-spread-in-six-u-s-states-on-lack-of-haulers
“Wait Times for Chips Hit Record 18 Weeks as Shortage Deepens.
“Chip-starved industries from automakers to consumer electronics will need to wait a bit longer for components, as delays in filling orders continue to get worse.”
https://www.bloomberg.com/news/articles/2021-06-22/wait-times-for-chips-stretch-further-deepening-shortage
It seems like more items are missing from shelves now.
My impression (based on a small sample) is that prices being charged by hotels are quite a bit higher this year.
There is a long running joke in Asia, called “How to put an elephant to the refrigerator”. It might have originated in USA
1 Open the refrigerator door
2. Put the elephant in
3. Close the door
Of course nobody explains how the elephant is put into the fridge.
Optimists who visit here are quite short on ‘how’ all these wondrous stuff they supposedly are talking about will come forth.
No different than Hitler’s nuclear weapons program . They had the technicians and the theory, but they didn’t know how. (The heave water bullshit was created to ‘explain’ this failure.)
God Elon is a very greedy person who does not pay his employees and vendors well. And some people are taking his advertisements as the word of God.
Well, whatever floats your boat.
Kul,
I have no idea what he pays or does not pay; but, as an engineer working with some of the brightest people on earth must be a once in a lifetime thrill. With a bit of common sense, that employee will have a worldwide circle of friends and a network that would be hard to match.
This is priceless, Kul, the things that are valuable unfortunately are not for sale at any price, working for Tesla is the place to be, even something as prosaic as metallurgy is exciting. I did casting of metals, crude but on a fairly large scale for the business, these guys are off the wall good.
Were I young and sufficiently talented I would take the job in a heartbeat; work your twenty(hours per day that is), be underpaid, learn, grow, have priceless memories later in life of when you were something, at the cutting edge, going with your hair on fire. Kul, there is nothing like it in the world, if you don’t have the right goods, no amount of money in the world will buy access to that group.
Dennis L.
Here is the pay at SpaceX
https://www.payscale.com/research/US/Employer=Spacex/Salary
Aerospace Engineer $70k – $138k $95,240
Manufacturing Engineer $66k – $109k $84,768
Mechanical Engineer $66k – $122k $88,494
Senior Mechanical Engineer $82k – $147k $110,461
Software Engineer $72k – $138k $100,113
Propulsion Engineer $70k – $158k $95,355
Radio Frequency (RF) Engineer $67k – $144k $96,810
Which is quite average.
The ‘network’ of ‘friends’ are not worth too much since it does not pay the bills.
Only people of Asian extraction tend to take the bait. Others simply don’t bother. Your overrated network can cut off people whom they feel are not needed at a heartbeat.
But perhaps you might have a fancy about such mythical network since you do not work in corporate any more.
Kul,
We can disagree and it is good we are civil. My points were made previously, I personally would take a job there in a heartbeat had I the requisite skills.
They are building the largest plants in the world, they will build close to a million vehicles this year, they will be the largest battery manufacture in the world, they are very good at what they do; working there is the chance of a lifetime, money is very secondary and be good enough, you will be paid or hired by someone else for a very good sum.
The comment about Asians is disturbing, have only fond memories of the energy of HK in the 1980’s, current significant other is very Asian, good dancer to boot.
Dennis L.
Where are the people who were in the apollo projects? All discharged after the project was over. Sorry. At most some of them got professorship. Others were just thrown away.
In the age when you grew up, maybe ‘being part of a massive organization’ might have had an appeal. Not any more. If one is high enough there might be some stock options, but more likely , not.
things have changed from when you were starting out. It is not the same anymore. I know nothing I say will change your mind. I am just stating that what is in the advertisement is not necessarily not what actually exists.
When the days are getting longer
And the people come out on the streets at night
I’ll be among the starry eyes
I’ll be among the wishful side
I’ll be among the fools forever fantasizing
This one is dedicated to all you poor souls being forced into lockdowns again and again and again.
When the nights are getting warmer
And the dawn comes in on the wings of the song
I’ll be among the hopeful few
I’ll be among the morning dew
I’ll be among everything new
Demand the Impossible
Everyone will be free
We’ll walk down the avenue
Openly, openly
We will be driving back home tomorrow. We are in Eastern Tennessee.
I haven’t seen many people with masks on the trip. There have been a whole lot of businesses without enough staff and many businesses clearly trying to get staff. One fast food place was offering to pay workers weekly.
I don’t think the number of vacationers is quite back to what it probably was in previous years. These are clearly all local vacationers. I don’t think this is a part of the country that would appeal to foreigners. Country music, locally made crafts and (for those with enough time) hiking in the Appalachian Mountains are the big attractions. We also found some museums. We visited Dollywood a little on two days. We especially enjoyed the musical performances. There are roller coasters there, for those who like them, and lots of opportunities to buy souvenirs.
So glad you had a good time 😊 visiting Tennessee ❤️. Was in that state several times and always liked my visit! Friendliness people in Nashville and also took in some Museus. Remember Elvis Pink Cadillac and Willie Nelson’s headband on top of his sneakers!. At the end there was a magnificent Oriental Jade display….also went to Sin Records Studio…
Would like to go back again
Have been to Nashville. This time we were in the east end of the state, including Knoxville and Gatlinburg. Still the emphasis on music. Also crafts in Gatlinburg.
I’ve been to Nashville… my buddy ripped the plate off of Elvis’ car… then he forgot it in the trunk of the rental car…. True Story!
we don’t know nuthin. UFOs. What UFOs? https://www.msn.com/en-us/news/us/u-s-report-on-pentagon-documented-ufos-leaves-sightings-unexplained/ar-AALsfDp?ocid=msedgntp
I would be interested to know how many of the UAPs that showed evidence of physicality (via radar or whatever) also demonstrated technologically inexplicable aerial maneuvers. If these were two entirely overlapping categories, then it would still be possible to assume conventional explanations for the lot.
(I mean non-overlapping. D’oh!)
got it. I’m not going to delve into the details, if there are any, but it sounds like the prediction has come true that this “official” report would say very little.
Israeli government admits that half of new COVID cases in last month were fully vaccinated:
https://www.israelnationalnews.com/News/News.aspx/308653
During that period approximately half of the Israeli population had been vaccinated:
https://www.nytimes.com/interactive/2021/world/covid-vaccinations-tracker.html
OK kids, you could do this in junior high.
Half the population is fully vaccinated.
Half of the new COVID-19 cases are in vaccinated individuals.
By what percentage does getting vaccinated reduce one’s risk of contracting COVID-19?
Dunc?
Norm?
Mike?
Herbie?
Harry?
Anyone?
This isn’t Mastermind or University Challenge. Indeed, you’d need be intellectually challenged not to be able to work this one out.
Okay, help an old man out.
Assume there are 100 cases and half, 50 are in the vaccinated population, 50 are in the unvaccinated population. Assume population size 1000, 500 vaccinated, 500 not vaccinated.
In non vaccinated population 50/500= 10% get the disease.
in the vaccinated population 50/250 =20% get the disease.
Is this what you are saying? It would seem one could adjust the numbers accordingly, population size and number of new cases to agree with actual numbers.
Dennis L.
Wrong answer, zero as in vaccinated it is still 50 out of 500 or 10% for simple math. The idea seems to be reduction in hospitalization, or death.
Dennis L.
God Elon and his whiz kids will deliver a solution.
Not a good sign for the vaccines, unless it was only the unvaccinated who went to the hospital or died.
Yes, it is a perfect analysis as always.
I know you know, but at the same time I wonder if someone, being in doubt to get the jab, at last would consider if it’s worth doing it, considering:
a) there can be severe adverse reactions right after and in the long term
b) one can have Covid-19 anyway
c) one can also become a key element of spreading the disease to others (so you don’t give any help to stop the virus)
I think every OFW visitor should think about this excellent 55 min audio by James Corbett:
https://www.corbettreport.com/hopium/
It is about hopium and action…
“James Corbett is an Anarcho-capitalist/Anarcho-voluntarist YouTuber, conspiracy theorist, and an indie ‘new journalist’ with a penchant for spreading Russian propaganda and fake news. He performs amateur analysis of politics conspiracy theories and purported propaganda in The Corbett Report, YouTube, Global Research TV, RT news and other shows and websites such as the Boiling Frogs Post, NewsBud, 5G summit and other such occasional events, despite having no credentials in any of these fields, such as 9/11 and the JFK assassination being false flag attacks, government mind control, water fluoridation and chemtrails lowering IQ to make it harder to wake up sheeple, the “Clinton Body Count”, 5G sends toxic EMF, Bill Gates is a Nazi eugenicist, GMOs cause tumours, Climate change is a hoax, vaccines never worked and are also a hoax, moon landing is hoax, eugenics is still alive”
Seems to fit in here well
Does he live in New Zealand? Just spit-ballin’ here…
James lives in Sanda, half an hour on the train north of Osaka, and an hour south of me. That makes him a near neighbor of mine among non-normies, although I’ve never met him in person. I wouldn’t want the Secret Thought Police linking me to anyone that prominent in the Anarcho-hierarchy.
In answer to Duncan, well, everybody needs a hobby.
If he’s a Clinton Body Counter and a Moon Hoaxer, he has my considerable respect. What credentials would somebody need in order to know whether 9/11 was a false flag? Do they run university courses on that now?
Hey, Duncan, apart from a BA in BS, do you have any credentials of any sort that would oblige us to take anything you say seriously? Or are you merely standing on your First Amendment rights?
Anarcho-capitalist
Kinda like Military-intelligence
Excellent presentation, Duncan. Now I definitely want to hear what this man has to say.
When someone gets tarred with that brush (e.g. Yeadon Bossche etc…) you know they have credibility and are likely speaking truth….
The principal failing of James Corbett is that he refuses to accept the concept of Over-shoot – a great weakness which invalidates much of what he has to say regarding future options ‘outside the system’.
He’s quite right about who our enemies are, and many of their methods of proceeding, their manipulations, ideologies, etc; but to be so stubbornly blind to our ecological predicament and the resource crisis is absurd.
One has to be tough-minded and embrace ALL the Doom, horrifying and paralysing as that can be……
Bitcoin is collapsing again down 8%.
Ethereum never really recovered. It just keeps going lower.
And the rest. Forget about’em.
They need more stimulus.
BTC was 33,000 on May 23rd. A month later, it has collapsed to 32,200 so yup let’s call it absolute total collapse.
Vancouver gasoline prices are now the highest ever with WTI only at 74. Vancouver has the highest price in north america over $5 US a gallon.
The oil industry requires WTI > 100 permanently.
Canada has a carbon tax applied to gas and other energy sources. I also think that British Columbia has it’s owncarbon tax that was implemented before the national one. The implementation of carbon tax in individual Canadian provinces is somewhat less than straightforward. I suspect the highest price now with the current wti price has something to do with carbon tax. I stand to be corrected though.
WW3 next week! guaranteed. It’s certain, not even close to CT. So make your plans, prep up, here we go. https://seemorerocks.is/hal-turner-it-starts-next-week-june-28/
Whatever happens, it needs to happen very soon. People are starting to hope for the new normal after the vaccines and governments can’t hide any longer the depletion problem, diminishing returns or the rigged markets even for a few months. Hope they are wrong about the war but my feeling is they are right.
“Whatever happens, it needs to happen very soon.”
So for once it’s them rather than us that are
https://youtu.be/YoDh_gHDvkk
Small victories and all that😁
At the moment they are trying to create panic with the new Delta variant. Expecially here in Italy.
It just seems an anticipation of something that one would have expected for September or October.
So, either they are not happy with the number of vaccinated people or they are not happy with the number of downloaded vaccine passports.
But anyway, the impression is that they really need to go ahead of their times.
Just, crudely, building the case for very early national lock-downs, probably September.
Then they can hit us with the Cyber Pandemic (TM) in the depths of winter after softening us up.
Their aim is now to break us down.
And perhaps preparing a cover story for vaccine-induced deaths.
CyberPolygon is coming up…
“Pretty lights aren’t the only consequence from a CME. The magnetic fluctuations can cause compasses to fail. And since magnetic fields can induce electricity, any conductor could become an inductor. A powerful CME could induce electricity in large, powerful conductors. That could overload electrical systems and cause massive damage.”
https://science.howstuffworks.com/solar-flare-electronics.htm
If it’s true it is all managed, then I’d say my bet the plan is: give people a break this summer, release some pressure, then, delta variant, and lockdown again, or an other phase, restrictions plus mandatory jab with digital registration (which is the purpose) and control : they’ll need tools to control the masses before all the uprises (gilets jaunes on steroids).
“UK Lockdown Architect Apologizes For Breaking COVID Rules Over Affair With Aide, Won’t Resign”
https://www.zerohedge.com/covid-19/uk-lockdown-architect-apologizes-breaking-covid-rules-over-affair-aide-wont-resign
Stories like this make it difficult to take the virus narrative seriously. If there really were a deadly virus out there, then how does one explain this kind of reckless behavior? Matt Hancock is 42 years old and probably not in peak physical condition. Neil Ferguson, also mentioned in the article, is 52 years old and probably not in peak physical condition. These two aren’t the only examples of lockdown violations throughout the scamdemic.
Then you have this story:
“14 prominent Democrats stand accused of hypocrisy for ignoring COVID-19 restrictions they’re urging their constituents to obey”
https://www.businessinsider.com/democratic-politicians-who-violated-covid-19-rules-guidance-list-2020-12
It’s not just Democrats, of course; Republican “leaders” in the US have violated lockdown restrictions and public health guidelines as well. Numerous violations occurred in the early days of the scamdemic, well BEFORE the miracle “vaccines” were publicly available!
So, how do keepers of the COVID-19 faith explain the actions of these “leaders?” I’m really curious.
In my opinion, there are two ways to interpret these controversial stories:
1. One can enjoy a sense of relief that there really is nothing to be afraid of and there is no genuine health threat, based on the actions of these “leaders.” They are literally showing us the truth.
OR
2. After experiencing initial disgust at the hypocrisy, one can feel a sense of self-satisfaction and superiority in knowing that one is faithfully upholding the sacred tenets of the COVID-19 religion while these “leaders” are not.
“Stories like this make it difficult to take the virus narrative seriously.”
But there’s a third way to interpret those stories, that you’re not taking into account.
One’s risk is a combination of the risk *if you get infected*, and your risk of getting infected.
If most people are dutifuly following restrictions on movement and gathering, then infection rates go down, and everybody’s risk of infection goes down.
In other words, if most people are doing as they’re told, then it’s relatively safe for a few of us to be less cautious.
It’s not that there’s no hypocrisy in a politician breaking the covid restrictions they’re imposing on the rest of us.
You interpret the situation as them lying about how serious it is.
I interpret it as there being a certain amount of “incaution” that can be had without making things much worse, and a politician who ignores their own rules is “free riding” – they’re using up a disproportionate amount of the safety that the rest of us are creating by our caution.
Except it’s proven that masks and lockdowns don’t work, hence there is no “reservoir” of faux-safety from which to draw. If a pathogen is “out there”, your chances of getting ill from it are directly related to your own state of health, not what other people are or are not doing.
Masks are not even necessary during surgery.. people just keep doing it for show.
https://pubmed.ncbi.nlm.nih.gov/7294681/
Can’t find the image now, but someone posted some fairly recent letters to the editor to this effect, from docs belonging to the Royal College of Surgeons. They didn’t use masks in their facility.
Indeed, all scientific evidence prior to April 2020 agreed that masks had no value above the term they where commonly referred to.
Sit masks.
That’s it, no other value.
My own choice when talking to the adherents is to suggest they search “Ritter masks 1975” .
For those that choose to look further, you can go all the way back to 1919 and find damning testimony about the harm they cause.
Fauci wrote papers (2007-2009) about how those that supposedly died of Spanish flu, died of pneumonia(worth a read just to understand how mad he is. We’ve been living a pandemic for the last 100 years. I kid you not, he says that).
That was the closest I could find relating to mask wearing and demonisation of non compliance.
Personal choice again and almost a year old, but a very good explanation of the idiocy.
https://www.aier.org/article/the-year-of-disguises/
Moving picture version for those that still don’t get it.
https://twitter.com/saneperson37/status/1408193739181395971?s=20
Spit not sit.
No idea what I would do without the wonders of modern technology changing my words.
I don’t think that claim is proven at all, although one could find research to support either hypothesis (that lockdowns and masks work or don’t work). For example, this study suggests various measures, including masks, do limit the spread and this study suggests lockdowns (being part of an elimination strategy) do result in better outcomes.
Personally, I don’t think it’s clear cut either way, so no definitive statements (such as the one you made) are necessarily valid, at this point.
You sound very reasonable, Mike, as usual.
Speaking purely hypothetically, do you think people in positions of power who break their own rules during deadly pandemics in order to shag non-spouses should be (a) given a slap on the wrist, (b) placed in the stocks or the pillory, (c) sat on the ducking stool, (d) strung up, or (e) be hung, drawn, quartered and have their heart cut out and sent to their lover as an example to all of the seriousness of their offense?
I am leaning in favor of all five, although not necessarily in that order.
They should definitely expect a far more severe punishment than they seem to get. I’d probably go for none of the above but it would depend on the circumstances. However, I do understand why you might want all 5 to apply.
Pulled apart by enraged stallions, after being tortured with red-hot pincers?
What a spectacle!
Any rosy predictions ignoring thermodynamics are just little more than exercise on perpetual motion, not worth discussing.
The title of this post is …Models go Wrong.
https://solarsystem.nasa.gov/asteroids-comets-and-meteors/asteroids/16-psyche/in-depth/
Wealth beyond the wildest dreams of avarice.
NASA/Musk are rumored to be doing a flyby soon, probably a waste of money, think?
“The Limits to Growth” is an interesting book, but Meadows himself states it is not predictive beyond peak, or graphs can go up as well as down. This in statistics is called extrapolation and beyond the end points of existing data is worthless, can do the same thing with a ruler, save a lot of work.
Ehrlich had us all dead of starvation in the seventies I believe, bad forecast, the title was “The Population Bomb.” Yup, follow that one and one surely became rich and had a wonderful life. From the date of publication one could do the lecture circuit of doom and gloom selling more books. Stanford prof, wasn’t he? The book was a bomb for anyone who followed its ideas.
Yes, we will deplete the asteroid belt, but by then warp drive and off to the stars. It has only been a hundred years or so since Wrights flew a contraption over a beach. The good news is with all our depletion analysis experience arriving at hydrocarbon peak forecast for Titan will be trivial.
The trend is your friend, and so far the trends are going in my simplistic, optimistic direction. I tend to ignore speed bumps.
Dennis L.
A cycle already seen 52 years ago during the moon landing. If there is a humanity 500 years later, they will sing about the “Mollusk God” who flew to the space supposedly and never heard again and people will erect a huge statue of the Mollusk and pray him to come back.
If you can explain how to bring all the metal to the earth without citing some supernatural powers supposedly possessed by Elon Musk and his mythical ‘whiz kids’, who are not paid enough btw to enjoy a luxurious lifestyle commensurate to their abilities, for 3.857 AU I will be convinced.
The probe to Psyche is the size of a tennis court
https://psyche.asu.edu/mission/faq/
And most of the size is to propel it to there.
The real size is
>How big will the Psyche spacecraft bus (body) be?
The bus (body) of the spacecraft is 3.1 meters (~10 feet) long by 2.4 meters (almost 8 feet) wide. To help you visualize this, it is slightly bigger than a Smart Car; it is about the size of a garden storage shed. It is as tall as a regulation basketball hoop!
and the site clearly states the probe is not coming back to earth.
You do not get too much metal in a garden storage shed.
Cyrano de Bergerac , on 1657, wrote about the journey to the moon. It took 312 years to accomplish his dream.
and the world does not have 300 years. Sorry.
I agree. My father was 5’3″; I’m 5’9″, and my son is 6’4″–mostly do to improved nutrition.
And your great-grandson will be back to 5’3″
in about 300 years, your descendants will be 20 feet tall.
But only if they combine their powers together into a giant robot body.
For the Covidiots like Dunce: “12 YEAR OLD TENNIS PLAYER DEAD FROM COVID VACCINE”. Just more collateral damage.
https://www.bitchute.com/video/vMQeksLdQGI1/
Business Insider
Southwest CEO says the airline doesn’t have enough planes for 2022 as demand spikes and it hints at more international flying
Thomas Pallini
Thu, June 24, 2021, 2:57 PM
Southwest Airlines needs more planes to keep up with demand. AP
Southwest Airlines CEO Gary Kelly doesn’t think his airline has enough planes to continue its current business model in 2022 and 2023.
New Boeing 737 Max aircraft are scheduled to enter the fleet as part of a modernization program.
Purchasing used aircraft would be costly and run counter to Southwest’s long-term fleet plans.
Southwest Airlines is coming out of the pandemic in growth mode. But one thing holding it back is a lack of airplanes.
Outgoing CEO Gary Kelly told CNBC’s Squawk on the Street on Thursday that the airline’s fleet won’t be large enough to support its existing model in the upcoming years, let alone an expansion.
Sounds as if Corporate America plans BAU continuing ahead for some time in the foreseeable future!
Wonderful! Looking forward to posting here with the rest of our little blog community for another decade! Fast Eddie eat your heart ❤️🤣 out Brother
Axios
Cop crisis: Thousands of police officers have quit over the last year
Mike Allen
Fri, June 25, 2021, 7:15 AM
As crime spikes, cops are quitting nationwide, often blaming the constant harassment and stress of ordinary people and powerful politicians turning against their profession.
Why it matters: The killings by police in 2020 turned many Americans — including liberal activists and many in the media — into harsh critics of law enforcement, with loud calls to defund the police. A year later, there’s a cop shortage, and Democrats are scrambling to reverse their rhetoric and some policies.
An eye-opening front-page New York Times story today, “Why Police Have Been Quitting in Droves in the Last Year”), found that Asheville, N.C., has lost 80 of 238 cops:
“Chief David Zack, 58, said that officers were pushed to quit because the protests were directed at them. ‘They said that we have become the bad guys, and we did not get into this to become the bad guys.'”
A survey of 194 police agencies, released this month by the Police Executive Research Forum, found that for the year ending in April, retirements were up 45% — and resignations up 18% — from the previous year.
There are cameras EVERYWHERE…and Police now have to deal with wise guys and smart alecks
To see how far they can go ….when things get bad and the folks get desperate it will be Escape from New York movie time!
Without enough police, inner cities especially will have trouble keeping residents. Whatever gentrification had been taking place will tend to disappear. Keeping tax revenue up will be a worse problem than in the past.
More insight is emerging to falling fertility rates in UK, now at their lowest ever recorded level of 1.53. A survey in May found that most Brits simply never had sex last year, and they rate their sex lives at an average of 2.9 out of 10. Ofcom has now done its first survey into porn use in Britain, and it turns out that most Brits are using the internet for sexual release.
> Porn during pandemic: Half of Britons viewed adult websites last year, regulator says
LONDON – Around half of British adults visited a pornographic website or app in 2020, a year in which the COVID pandemic caused more activity of every kind to shift online, media regulator Ofcom said on Wednesday.
About 26 million Britons visited an adult website or app in September 2020, with the largest, Pornhub, attracting around a third of online adults, representing half of all British men and 16% of British women, Ofcom said in its annual survey of the nation’s online habits.
Ofcom said it had started research on adult content as part of its new duty to regulate UK-based video-sharing platforms and as it prepared to take on responsibilities for online safety.
Internet use rose last year as lockdowns imposed to curb the coronavirus curtailed options for work, education, socializing, entertainment and shopping, the survey showed.
https://news.abs-cbn.com/overseas/06/09/21/porn-during-pandemic-half-of-britons-viewed-adult-websites-last-year-regulator-says
Dr. Geert Vanden Bossche has a new article out on his website. It’s too late to stop more infections variants from evolving. The non-vaccinees are going to be hit hard, and the vaccinees are going to be hit harder. Here are some of the main highlights.
From a scientific perspective, it is impossible to imagine that the ongoing large-scale vaccination campaigns are not going to rapidly and globally breed vaccine-resistant mutants instead of generating vaccine-mediated herd immunity. As of early March 2021, I have, therefore, been warning several times against the rapid resurgence of Sars-CoV-2 morbidity and mortality rates that this evolution is now highly likely to cause, especially in vaccinees. Hence, I repeatedly called upon PHAs world-wide to immediately stop all mass vaccination campaigns.
Why are mass vaccination campaigns likely to increase Covid-19 morbidity and mortality rates?
From a purely scientific perspective and even regardless of all (important!) ethical issues they raise, mass vaccination campaigns conducted in the midst of a pandemic are doomed to fail and have unforeseeable health consequences, not only for individual vaccinees but also for the global human population.
As already mentioned, changes in the ‘traditional’ host environment (e.g., implementation of stringent public health measures and social distancing; overcrowding) may alter the evolutionary dynamics of the pandemic and drive natural selection and dominant propagation of more infectious variants (or, alternatively, promote their rapid expansion once they become de novo introduced into a population). Likewise, it is reasonable to assume that large-scale vaccination campaigns conducted during a pandemic will drive natural selection and dominant propagation of nAb-evasive variants. However, as viral adaptation evolves, replication and transmission of such naturally selected immune escape variants by asymptomatically infected or mildly ill vaccinees will become more and more frequent and eventually increase the risk of rapid re-exposure for non-vaccinated, previously asymptomatically infected individuals. This is now likely to prompt a new wave of morbidity and mortality in the non-vaccinated part of the population. Iin countries where mass vaccination campaigns are rolled out on a background of low infectious pressure, it will take more time for rising vaccine coverage rates to drive convergent evolution of additional, naturally selected mutations such as to ensure viral persistence in the face of a stronger and more widespread vaccine-induced immune response. However, there shall be no doubt that the endgame of this convergent evolution of vaccine-mediated immune escape mutants is full resistance of Sars-CoV-2 to the Covid-19 vaccines. When this happens, vaccinees in particular will become extremely vulnerable to Covid-19 disease as they will no longer be able to rely on their innate Abs for those will be outcompeted by their vaccinal Abs for binding to S protein.
Will mass vaccinations have a different outcome depending on geographic and/ or demographic factors?
Regardless of the current evolutionary dynamics of the pandemic in any given country, immune escape variants will ultimately converge to a common adaptive endpoint, which is full resistance to S-directed nAbs induced by Covid-19 vaccines or resulting from natural infection. The speed at which Sars-CoV-2 is expected to develop resistance to S-specific nAbs induced by the current vaccines or acquired following natural infection will – among other, above-mentioned factors – depend on the speed at which mass vaccination campaigns are conducted. Enrolling youngsters and children in these mass vaccination campaigns is only going to rapidly expand the breeding ground for nAb-resistant variants and expedite the evolution depicted above.
Could an immediate and global halt of mass vaccination campaigns still prevent the emergence of more harmful viral recombinations or resistance of Sars-CoV-2 to Covid-19 vaccines?
A global and immediate halt of mass vaccination campaigns would allow to diminish immune selective pressure exerted on sites within the S protein that mediate nAb evasion. However, at this fairly advanced stage of the global mass vaccination program, it is probably already too late to prevent viral resistance to S-Abs, even if mass vaccination campaigns would immediately and globally be halted, and even though vaccine coverage rates are still fairly low in a number of low-income countries.
https://www.geertvandenbossche.org/post/why-the-ongoing-mass-vaccination-experiment-drives-a-rapid-evolutionary-response-of-sars-cov-2
good stuff, might be true, he’s the “expert”, and most of us know how to keep a balanced view regarding the words of experts. I don’t see any conclusion that there will be a mass dieoff due to the immune escape of the mutations. Does he assert this is possible or probable? Where and when will we see the mass dieoff?
I don’t think Geert has ever said there was going to be a mass dieoff, just lots more unnecessary suffering as a result of unwise policies to deal with the pandemic.
He isn’t in the same league as that American priest at the Vatican who is warning that the mass of people who took the jabs will keel over next winter and reveling at himself being one of the saved.
He has called the Injection a bioweapon… but I dont think he is on Team CEP
Does anyone have a good chart on oil consumption?
The data through March 2021 from the EIA should be out in a few days. I have some oil charts up now in various places, but for updating them it would be good to have the data through March. February’s production is down significantly (3 million barrels a day, including natural gas liquids), but most or all of that is back in March.
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A DIA scientist visits Bigelow’s Skinwalker Ranch, where they study the phenomenon. A tubular bell materialize in living room, floating in the air for the DIA scientist, and it disappears. It’s the same tubular bell as Oldfield’s debut album, which becomes the soundtrack in the Exorcist.
He returns to Washington and talks Senator Reid, who then creates a UFO phenomenon study program inside Pentagon, headed by the DIA scientist. For the Christians in Pentagon this all is a confirmation that the phenomenon is demonic, and destroys the DIA scientist’s career as they fear that he is possessed by demons.
Of all objects the phenomenon had to choose a tubular bell. True story.
Just the mention of tubular bells made me look for it on youtube. I still have the vinyl I bought in 1973, but easier to pull up the tube. It doesn’t sound as good as I remember, but I suppose things were a little fuzzier back then. Maybe I’ll try again if I ever get in the right “frame of mind”.
Tubular Bells is a classic, but it has been a while
Perhaps you forgot to drop a tab of acid? Or some magic mushrooms?
Excellent Radio UK prog on hydrogen, worth a listen if possible
https://www.bbc.co.uk/sounds/play/w3ct1hsk
Hydrogen is incredibly dangerous. It leaks out of the normal pipes used to distribute natural gas and when doing so ignites because unlike other gasses it heats on expansion. Boom!!!!
the program made the point that hydrogen can’t be used in the existing gas supply infrastructure, and they don’t quite know how to fix that
Well, the programme mentioned the notion of adding it to natural gas infrastructure as a way to reduce emissions. However, the programme failed in not having a hydrogen sceptic on the panel and not addressing the problems raised here, like a highly reactive element, light and small molecules, energy loss at each conversion and scalability. One guy even talked about taking the hydrogen, “binding” it with oil for transportation, then cracking the hydrogen back at the other end – the oil gets reused but the efficiency of that whole process seems likely to severely reduce the energy return.
So, overall, a poor discussion and probably not worth the listen that I gave it.
Without doubt, hydrogen is tough to work with.
Plasma Kinetics seems to have some sort of idea for storing H in hydrides, time will tell. It sounds too good to be true, probably is.
Dennis L.
Put it in a car and then give it to a terrorist …yeah that should do it
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One more drone video showing the disaster caused by the yesterdays Czech Republic tornado. What we knew only from the USA, is now in Europe:
https://youtu.be/8PilNypWbWg
Wait until the bio-engineered vampires strike, MG.
It’s going to cut up rough in the rural Czech Republic…..
MG, that was devastating, poor people and seems as if this is unheard-of in your region.
While living in the Southern part of United States, these events happen somewhere on a regular basis….mostly I the Midwestern States too. Too bad there is nothing now we can do if it due to CC because it’s already in play. I agree with Gail the current proposals will only appear as we are making some effort and the agreements will lack teeth and loopholes will allow BAU.
Just cross my fingers and hope for another no eventful day of BAU….
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Most people who are dying died of something else e.g. cancer… but they were marked as a covid death if they has a false or real + test within a month.
Easy to reverse the numbers — just list the real cause of death e.g. cancer
hahahaha… Dunces are Dunces are Dunces… more easily fooled than a dog
Yes, the CDC and WHO were doing that in the beginning trying to pad the numbers of Covid deaths. If you had mild or no Covid symptoms but test showed it was in your system, you were grouped as a Covid death. But here’s the real kicker, those Covid test back then and those given today are all over the place i.e. unreliable in many cases.
There is a suggestion that ‘climate change’ should go on death certificates: it would be very convenient for the coming climate lock-downs……
Climate change as the reason for the continuation of the present insanity is definitely on the cards Xabier.
A quote from a member of SPI-B, a group that influences our government on a level far higher than most would believe or welcome.
“The idea of going back to so-called normal is a major area of consideration. There’s a climate crisis coming and that’s going to have to be dealt with. The way we have gone about adapting has been quite beneficial in terms of working patterns and reducing carbon – all the things we are going to have to go through to adjust to the new future. As the New Zealand prime minister put it, we need to “build back better”. There are challenging times ahead of us for the next 20 or 30 years, God help us. The most major crisis of humanity is starting. I see the weather patterns changing around me. I believe in climate change. It’s already getting bad. These will have major impacts on the nature of the world around us.
There’s a lot to worry about in that statement, but “adjust to the new future” probably deserves some debate in a democracy.
Then there’s the ever now heard “build back better”.
Why do they never say the one thing you absolutely have to do before you build back(better or not)?
Then, for a complete cult finish he gives us “I believe”.
And there’s me thinking he’s an scientific advisor rather than a disciple. I couldn’t have been more wrong.
Modern science. A commodity you buy of the shelf in any shade you like.
It’s all too obvious, ‘Climate Emergency’ will be the justification for continual repression, and that’s how they will justify destroying livestock and dairy farming, too.
The corrupt scientists make me think of Swift’s ‘Academy of Projectors’, on the island of Laputa, where the people starved while the natural scientists pursued insane hypotheses and sought endless grants of money as they were always just close to breakthrough.
One if them was trying to extract ‘stored’ sunlight from cucumbers via an elaborate process……
remember—pointy hats are also useful for puncturing balloons
And the CDC was caught fudging the Covid death numbers, hence they lowered the Covid death count.
Do you really think that the PTB are that intelligent and organized to pull this off without someone screwing up and or leaking info on it?!?? The human being is an incredibly flawed animal. It’s been my experience the higher up the more clueless they are . Have you ever heard Biden or Jerome Powell? I can buy the mistake part better but some planners orchestrating this …. No!
What are they doing to people in prisons? You would think that they have 100 💯 percent vaccine in them
Hahahahahaha…. don’t be ridiculous.
Tthis could be considered a leak … although it’s actually information that is readily available to a CNN ‘reporter’
Can you find this on CNN.. BBC? … NYT? … anywhere?
https://off-guardian.org/2021/05/18/how-the-cdc-is-manipulating-data-to-prop-up-vaccine-effectiveness/
We SEE them orchestrating it.. they don’t try to hide it in the least!
“Even a dog knows when he is being tripped over and when he is being kicked.” Oliver Wendell Holmes
https://www.bitchute.com/video/XPeJSSJUSus/ listen @ 32:20 John Titus
Hubbs if everything they say on the site is true; it would be dangerous to go to that site let alone spread it on a web site….
Wanna know why nobody who has been injected with the toxic waste is not dying?
https://off-guardian.org/2021/05/18/how-the-cdc-is-manipulating-data-to-prop-up-vaccine-effectiveness/
Hint:
“You are just as likely to be killed by a meteorite as [you are to] die from Covid after a vaccine.”
Must be lots of meteors around our mentally challenged friends?
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A interesting opinion on the 60Ghz rollout. High frequency does not penetrate. You have to bring it into your home. Most will do it with a router “upgrade” would be my guess. https://www.bitchute.com/video/uefD8HQwXuNX/
BTC collapsing today… oh, wait, it’s up 2,000 to 35,000. Nevermind.
Yup… Triffen’s dilemma smoke em if you got em….
https://en.m.wikipedia.org/wiki/Triffin_dilemma
It is stuck in the 3’s.
Was in the 6’s a short time ago.
Briefly in the 2’s.
I check it, but have never had a position.
I own none. But I also see that it is stuck in the 30k 35K range. It’s a minor issue on the world stage, but “stuck” is a plateau not a collapse.
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