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We have been told that intermittent electricity from wind and solar, perhaps along with hydroelectric generation (hydro), can be the basis of a green economy. Things are increasingly not working out as planned, however. Natural gas or coal used for balancing the intermittent output of renewables is increasingly high-priced or not available. It is becoming clear that modelers who encouraged the view that a smooth transition to wind, solar, and hydro is possible have missed some important points.
Let’s look at some of the issues:
[1] It is becoming clear that intermittent wind and solar cannot be counted on to provide adequate electricity supply when the electrical distribution system needs them.
Early modelers did not expect that the variability of wind and solar would be a huge problem. They seemed to believe that, with the use of enough intermittent renewables, their variability would cancel out. Alternatively, long transmission lines would allow enough transfer of electricity between locations to largely offset variability.
In practice, variability is still a major problem. For example, in the third quarter of 2021, weak winds were a significant contributor to Europe’s power crunch. Europe’s largest wind producers (Britain, Germany and France) produced only 14% of installed capacity during this period, compared with an average of 20% to 26% in previous years. No one had planned for this kind of three-month shortfall.
In 2021, China experienced dry, windless weather so that both its generation from wind and hydro were low. The country found it needed to use rolling blackouts to deal with the situation. This led to traffic lights failing and many families needing to eat candle-lit dinners.
In Europe, with low electricity supply, Kosovo has needed to use rolling blackouts. There is real concern that the need for rolling blackouts will spread to other parts of Europe, as well, either later this winter, or in a future winter. Winters are of special concern because, then, solar energy is low while heating needs are high.
[2] Adequate storage for electricity is not feasible in any reasonable timeframe. This means that if cold countries are not to “freeze in the dark” during winter, fossil fuel backup is likely to be needed for many years in the future.
One workaround for electricity variability is storage. A recent Reuters article is titled Weak winds worsened Europe’s power crunch; utilities need better storage. The article quotes Matthew Jones, lead analyst for EU Power, as saying that low or zero-emissions backup-capacity is “still more than a decade away from being available at scale.” Thus, having huge batteries or hydrogen storage at the scale needed for months of storage is not something that can reasonably be created now or in the next several years.
Today, the amount of electricity storage that is available can be measured in minutes or hours. It is mostly used to buffer short-term changes, such as the wind temporarily ceasing to blow or the rapid transition created when the sun sets and citizens are in the midst of cooking dinner. What is needed is the capacity for multiple months of electricity storage. Such storage would require an amazingly large quantity of materials to produce. Needless to say, if such storage were included, the cost of the overall electrical system would be substantially higher than we have been led to believe. All major types of cost analyses (including the levelized cost of energy, energy return on energy invested, and energy payback period) leave out the need for storage (both short- and long-term) if balancing with other electricity production is not available.
If no solution to inadequate electricity supply can be found, then demand must be reduced by one means or another. One approach is to close businesses or schools. Another approach is rolling blackouts. A third approach is to permit astronomically high electricity prices, squeezing out some buyers of electricity. A fourth balancing approach is to introduce recession, perhaps by raising interest rates; recessions cut back on demand for all non-essential goods and services. Recessions tend to lead to significant job losses, besides cutting back on electricity demand. None of these things are attractive options.
[3] After many years of subsidies and mandates, today’s green electricity is only a tiny fraction of what is needed to keep our current economy operating.
Early modelers did not consider how difficult it would be to ramp up green electricity.
Compared to today’s total world energy consumption (electricity and non-electricity energy, such as oil, combined), wind and solar are truly insignificant. In 2020, wind accounted for 3% of the world’s total energy consumption and solar amounted to 1% of total energy, using BP’s generous way of counting electricity, relative to other types of energy. Thus, the combination of wind and solar produced 4% of world energy in 2020.
The International Energy Agency (IEA) uses a less generous approach for crediting electricity; it only gives credit for the heat energy supplied by the renewable energy. The IEA does not show wind and solar separately in its recent reports. Instead, it shows an “Other” category that includes more than wind and solar. This broader category amounted to 2% of the world’s energy supply in 2018.
Hydro is another type of green electricity that is sometimes considered alongside wind and solar. It is quite a bit larger than either wind or solar; it amounted to 7% of the world’s energy supply in 2020. Taken together, hydro + wind + solar amounted to 11% of the world’s energy supply in 2020, using BP’s methodology. This still isn’t much of the world’s total energy consumption.
Of course, different parts of the world vary with respect to the share of energy created using wind, hydro and solar. Figure 1 shows the percentage of total energy generated by these three renewables combined.
As expected, the world average is about 11%. The European Union is highest at 14%; Russia+ (that is, Russia and its Affiliates, which is equivalent to the members of the Commonwealth of Independent States) is lowest at 6.5%.
[4] Even as a percentage of electricity, rather than total energy, renewables still comprised a relatively small share in 2020.
Wind and solar don’t replace “dispatchable” generation; they provide some temporary electricity supply, but they tend to make the overall electrical system more difficult to operate because of the variability introduced. Renewables are available only part of the time, so other types of electricity suppliers are still needed when supply temporarily isn’t available. In a sense, all they are replacing is part of the fuel required to make electricity. The fixed costs of backup electricity providers are not adequately compensated, nor are the costs of the added complexity introduced into the system.
If analysts give wind and solar full credit for replacing electricity, as BP does, then, on a world basis, wind electricity replaced 6% of total electricity consumed in 2020. Solar electricity replaced 3% of total electricity provided, and hydro replaced 16% of world electricity. On a combined basis, wind and solar provided 9% of world electricity. With hydro included as well, these renewables amounted to 25% of world electricity supply in 2020.
The share of electricity supply provided by wind, solar and hydro varies across the world, as shown in Figure 2. The European Union is highest at 32%; Japan is lowest at 17%.
The “All Other” grouping of countries shown in Figure 2 includes many of the poorer countries. These countries often use quite a bit of hydro, even though the availability of hydro tends to fluctuate a great deal, depending on weather conditions. If an area is subject to wet seasons and dry seasons, there is likely to be very limited electricity supply during the dry season. In areas with snow melt, very large supplies are often available in spring, and much smaller supplies during the rest of the year.
Thus, while hydro is often thought of as being a reliable source of power, this may or may not be the case. Like wind and solar, hydro often needs fossil fuel back-up if industry is to be able to depend upon having electricity year-around.
[5] Most modelers have not understood that reserve to production ratios greatly overstate the amount of fossil fuels and other minerals that the economy will be able to extract.
Most modelers have not understood how the world economy operates. They have assumed that as long as we have the technical capability to extract fossil fuels or other minerals, we will be able to do so. A popular way of looking at resource availability is as reserve to production ratios. These ratios represent an estimate of how many years of production might continue, if extraction is continued at the same rate as in the most recent year, considering known resources and current technology.
A common belief is that these ratios understate how much of each resource is available, partly because technology keeps improving and partly because exploration for these minerals may not be complete.
In fact, this model of future resource availability greatly overstates the quantity of future resources that can actually be extracted. The problem is that the world economy tends to run short of many types of resources simultaneously. For example, World Bank Commodities Price Data shows that prices were high in January 2022 for many materials, including fossil fuels, fertilizers, aluminum, copper, iron ore, nickel, tin and zinc. Even though prices have run up very high, this is not an indication that producers will be able to use these high prices to extract more of these required materials.
In order to produce more fossil fuels or more minerals of any kind, preparation must be started years in advance. New oil wells must be built in suitable locations; new mines for copper or lithium or rare earth minerals must be built; workers must be trained for all of these areas. High prices for many commodities can be a sign of temporarily high demand, or it can be a sign that something is seriously wrong with the system. There is no way the system can ramp up needed production in a huge number of areas at once. Supply lines will break. Recession is likely to set in.
The problem underlying the recent spike in prices seems to be “diminishing returns.” Such diminishing returns affect nearly all parts of the economy simultaneously. For each type of mineral, miners produced the easiest-t0-extract materials first. They later moved on to deeper oil wells and minerals from lower grade ores. Pollution gradually grew, so it too needed greater investment. At the same time, world population has been growing, so the economy has required more food, fresh water and goods of many kinds; these, too, require the investment of resources of many kinds.
The problem that eventually hits the economy is that it cannot maintain economic growth. Too many areas of the economy require investment, simultaneously, because diminishing returns keeps ramping up investment needs. This investment is not simply a financial investment; it is an investment of physical resources (oil, coal, steel, copper, etc.) and an investment of people’s time.
The way in which the economy would run short of investment materials was simulated in the 1972 book, The Limits to Growth, by Donella Meadows and others. The book gave the results of a number of simulations regarding how the world economy would behave in the future. Virtually all of the simulations indicated that eventually the economy would reach limits to growth. A major problem was that too large a share of the output of the economy was needed for reinvestment, leaving too little for other uses. In the base model, such limits to growth came about now, in the middle of the first half of the 21st century. The economy would stop growing and gradually start to collapse.
[6] The world economy seems already to be reaching limits on the extraction of coal and natural gas to be used for balancing electricity provided by intermittent renewables.
Coal and natural gas are expensive to transport, so if they are exported, they primarily tend to be exported to countries that are nearby. For this reason, my analysis groups together exports and imports into large regions where trade is most likely to take place.
If we analyze natural gas imports by part of the world, two regions stand out as having the most out-of-region natural gas imports: Europe and Asia-Pacific. Figure 4 shows that Europe’s out-of-region natural gas imports reached peaks in 2007 and 2010, after which they dipped. In recent years, Europe’s imports have barely surpassed their prior peaks. Asia-Pacific’s out-of-region imports have shown a far more consistent growth pattern over the long term.
The reason why Asia-Pacific’s imports have been growing is to support its growing manufacturing output. Manufacturing output has increasingly been shifted to the Asia-Pacific Region, partly because this region can perform this manufacturing cheaply, and partly because rich countries have wanted to reduce their carbon footprint. Moving heavy industry abroad reduces a country’s reported CO2 generation, even if the manufactured items are imported as finished products.
Figure 5 shows that Europe’s own natural gas supply has been falling. This is a major reason for its import requirements from outside the region.
Figure 6, below, shows that Asia-Pacific’s total energy consumption per capita has been growing. The new manufacturing jobs transferred to this region have raised standards of living for many workers. Europe, on the other hand, has reduced its local manufacturing. Its people have tended to get poorer, in terms of energy consumption per capita. Service jobs necessitated by reduced energy consumption per capita have tended to pay less well than the manufacturing jobs they have replaced.
Europe has recently been having conflicts with Russia over natural gas. The world seems to be reaching a situation where there are not enough natural gas exports to go around. The Asia-Pacific Region (or at least the more productive parts of the Asia-Pacific Region) seems to be able to outbid Europe, when local natural gas supply is inadequate.
Figure 7, below, gives a rough idea of the quantity of exports available from Russia+ compared to Europe’s import needs. (In this chart, I compare Europe’s total natural gas imports (including pipeline imports from North Africa and LNG from North Africa) with the natural gas exports of Russia+ (to all nations, not just to Europe, including both by pipeline and as LNG).) On this rough basis, we find that Europe’s natural gas imports are greater than the total natural gas exports of Russia+.
Europe is already encountering multiple natural gas problems. Its supply from North Africa is not as reliable as in the past. The countries of Russia+ are not delivering as much natural gas as Europe would like, and spot prices, especially, seem to be way too high. There are also pipeline disagreements. Bloomberg reports that Russia will be increasing its exports to China in future years. Unless Russia finds a way to ramp up its gas supplies, greater exports to China are likely to leave less natural gas for Russia to export to Europe in the years ahead.
If we look around the world to see what other sources of natural gas exports are available for Europe, we discover that the choices are limited.
The United States is presented as a possible choice for increasing natural gas imports to Europe. One of the catches with growing natural gas exports from the United States is the fact that historically, the US has been a natural gas importer; it is not clear how much exports can rise above the 2022 level. Furthermore, part of US natural gas is co-produced with oil from shale. Oil from shale is not likely to be growing much in future years; in fact, it very likely will be declining because of depleted wells. This may limit the US’s growth in natural gas supplies available for export.
The Rest of the World category on Figure 8 doesn’t seem to have many possibilities for growth in imports to Europe, either, because total exports have been drifting downward. (The Rest of the World includes Africa, the Middle East, and the Americas excluding the United States.) There are many reports of countries, including Iraq and Turkey, not being able to buy the natural gas they would like. There doesn’t seem to be enough natural gas on the market now. There are few reports of supplies ramping up to replace depleted supplies.
With respect to coal, the situation in Europe is only a little different. Figure 9 shows that Europe’s coal supply has been depleting, and imports have not been able to offset this depletion.
If a person looks around the world for places to get more imports for Europe, there aren’t many choices.
Figure 10 shows that most coal production is in the Asia-Pacific Region. With China, India and Japan located in the Asia-Pacific Region, and high transit costs, this coal is unlikely to leave the region. The United States has been a big coal producer, but its production has declined in recent years. It still exports a relatively small amount of coal. The most likely possibility for increased coal imports would be from Russia and its affiliates. Here, too, Europe is likely to need to outbid China to purchase this coal. A better relationship with Russia would be helpful, as well.
Figure 10 shows that world coal production has been essentially flat since 2011. A country will only export coal that it doesn’t need itself. Thus, a shortfall in export capability is an early warning sign of inadequate overall supply. With the economies of many Asia-Pacific countries still growing rapidly, demand for coal imports is likely to grow for this region. While modelers may think that there is close to 150 years’ worth of coal supply available, real-world experience suggests that coal limits are being reached already.
[7] Conclusion. Modelers and leaders everywhere have had a basic misunderstanding of how the economy operates and what limits we are up against. This misunderstanding has allowed scientists to put together models that are far from the situation we are actually facing.
The economy operates as an integrated whole, just as the body of a human being operates as an integrated whole, rather than a collection of cells of different types. This is something most modelers don’t understand, and their techniques are not equipped to deal with.
The economy is facing many limits simultaneously: too many people, too much pollution, too few fish in the ocean, more difficult to extract fossil fuels and many others. The way these limits play out seems to be the way the models in the 1972 book, The Limits to Growth, suggest: They play out on a combined basis. The real problem is that diminishing returns leads to huge investment needs in many areas simultaneously. One or two of these investment needs could perhaps be handled, but not all of them, all at once.
The approach of modelers, practically everywhere, is to break down a problem into small parts, and assume that each part of the problem can be solved independently. Thus, those concerned about “Peak Oil” have been concerned about running out of oil. Finding substitutes seemed to be important. Those concerned about climate change were convinced that huge amounts of fossil fuels remain to be extracted, even more than the amounts indicated by reserve to production ratios. Their concern was finding substitutes for the huge amount of fossil fuels that they believed remained to be extracted, which could cause climate change.
Politicians could see that there was some sort of huge problem on the horizon, but they didn’t understand what it was. The idea of substituting renewables for fossil fuels seemed to be a solution that would make both Peak Oilers and those concerned about climate change happy. Models based on the substitution of renewables for fossil fuels seemed to please almost everyone. The renewables approach suggested that we have a very long timeframe to deal with, putting the problem off, as long into the future as possible.
Today, we are starting to see that renewables are not able to live up to the promise modelers hoped they would have. Exactly how the situation will play out is not entirely clear, but it looks like we will all have front row seats in finding out.
Deutsche Telekom to build global COVID vaccine verification app for WHO
BERLIN — The World Health Organization has signed a contract with Deutsche Telekom subsidiary T-Systems to build a software solution for global electronic verification of coronavirus vaccination certificates, the telecoms company said.
https://financialpost.com/pmn/business-pmn/deutsche-telekom-to-build-global-covid-vaccine-verification-app-for-who
I see T-Systems was partner in Toll Collect that was a full succes in business terms because it did not work well, costed billions more than projected so left the company with a whole lot of follow up orders. Best choice after Microsoft. Could be improved later with hosting in Azure cloud. Ah, and SAP, the consultants with the highest cost for talking the lowest temperature hot air. LOL
Russia CDS fast approaching peak 2014 crisis levels
https://pbs.twimg.com/media/FMSwOzTWQAUYt3u?format=jpg&name=large
Russia’s 5 year Credit Default Swap is priced very high. It looks like pension funds and other are not trusting Russia’s credit.
It seems like, before the COVID crisis, in late 2019, there was a somewhat different kind of problem with US derivatives (repo rates) that was part of what led to the strange response to the virus. Remind me of precisely what that was.
1. No Sovreign debt.
2. Major/only supplier of natural gas to Europe
3. Historical experience of France and Germany invading Russia is not encouraging.
4. Someone was paid well for this analysis?
5. Time to buy?
Dennis L.
Russia should have been destroyed long ago
It was always UK which hindered these effort
It proved to be a bad tumor which threatens everything you have promoted, for example
Isn’t it curious that it is always somebody else’s fault?
How about pointing the finger of blame on your species.
My impression when I visited Russia was that the lack of availability of easy debt was/is a major obstacle to growth in Russia. This may be tied to the fact that Russia seems to keep land ownership, making it hard to commercially build homes and perhaps businesses. (I may be missing part of the story.)
When my husband and I visited Russia several years ago, we visited the home of a husband and wife who had built their own home (near Moscow), with their own labor. Both the husband and wife had jobs that paid well. On weekends, the would work on building the house, pooling the funds that they recently had saved up to buy more materials. They first built one room, then added on, as they could afford more. We were told that without mortgage availability, this was the way people were able to build their own homes.
We also visited an apartment home of a couple in St. Petersburg. The husband was a professor; the wife had a professional job. All they could afford was a two room apartment with a shared kitchen and bathroom. Their son sleeps in the living room. They cannot consider more children because they cannot afford the space.
I suppose that outside cities, conditions might be better.
Another impression I have is that heating homes and businesses uses a lot of fuel. This keeps overhead costs high for the whole economy. It makes it hard for Russia to compete with the rest of the world with respect to production costs for making any kind of manufactured goods.
Mortgage applications drop to lowest level in over 2 years
Climbing mortgage rates are hitting both potential homebuyers and refinance candidates. Total mortgage applications decreased 13.1% last week to the lowest level since December 2019, according to the Mortgage Bankers Association. Applications to refinance dropped 15% weekly and were 56% lower than one year ago.
“Higher mortgage rates have quickly shut off refinances, with activity down in six of the first seven weeks of 2022,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 4.06% from 4.05%, with points rising to 0.48 from 0.45 (including the origination fee) for loans with a 20% down payment.
Those higher mortgage rates combined with high prices and low inventory pushed applications to purchase a home down 10% weekly and 6% lower than one year ago. This was the third straight week of declines for purchase applications.
https://www.cnbc.com/2022/02/23/mortgage-applications-drop-to-lowest-level-in-over-2-years.html?__source=sharebar|twitter&par=sharebar
The drop in mortgages is before the Federal Reserve officially increases interest rates.
How a Russian invasion of Ukraine, the ‘breadbasket of Europe,’ could hit supply chains
https://www.cnbc.com/2022/02/23/impact-of-russia-ukraine-on-supply-chains-food-metals-commodities.html
Thanks for the link. This tells at least part of the problem, even apart from the potential for Russia cutting off energy supplies to Europe.
The idea that Ukraine would be “the granary” for Europe is based on pure fiction.
At best it refers to the 1930’s and Hitler, who looked covetously to the Ukraine to give his German peasants some living space. Those times have seriously changed after WWII in which the Eu has developed itself into one of the major exporters in terms of food and agricultural industry. That also applies to grain. Here are the figures and forecasts from February….
EU exports of wheat rose to over 16.6 million tons at the end of January.
This made exports 6.3% larger than in the same period a year ago, European Commission figures show. Total European Union grain exports rose to nearly 27.4 million tons as of January 30. That’s 15% more than the position at the end of January in 2021. In particular, more corn was exported. Exports of grain maize edged up by almost 2 million tons from a year ago to over 3.3 million tons.
Less malt exported
Sales of barley to countries outside the EU increased by almost 11% to over 5 million tonnes. However, less malt was exported. Exports fell by 6.6% to just under 1.7 million tonnes.
The grain imports of EU member states from third countries are still 8.8% lower than a year ago. In particular, less durum wheat was imported. The import flow of this grain halved to some 930,000 tons. Imports of grain corn fell by almost 6% to 9.4 million tons. However, more common wheat was imported; +6.3% to almost 1.6 million tons.
Russian cereal exports
For the time being, EU wheat exports this season are about 7 million tons smaller than Russia’s. On January 27, Russian wheat exports reached an intermediate level of nearly 23.6 million tons. Russia’s barley exports increased slightly to 2.73 million tons. Foreign sales of corn approached a quantity of 1.6 million tons.
All in all, total exports of Russian grain and grain products are 20% smaller than a year ago with a total quantity of 28.1 million tons. Turkey is by far the main buyer of the Russians this year with a total of 7.5 million tons of grain (+7%). Egypt buys much (-42%) less than a year ago. That country imported 3.7 million tons so far.
I wouldn’t believe everything ‘they’ say! Ukraine is only important to the Eu in terms of the ‘food industry’ because of bhis investment in the agro-industry in that country in recent years.
The Eu has had a decidedly mild winter and there have been no blackouts yet…. The media have a pronounced preference for magnifying ‘problems’.
https://www.boerderij.nl/eu-export-tarwe-stijgt-naar-166-miljoen-ton
You are right. Europe is not the big buyer of grain exports from Russia and Ukraine. Other parts of the world are.
The crisis in Syria errupted the same year Russia had a bad harvest. There were of course other problems in Syria.
https://www.atlasbig.com/en-us/countries-wheat-production
Several weeks ago was looking at wheat exporters and was incidentally suprised by the high specific productivity (kg/Ha) of the European nations.
Sort by rightmost column and see hmany European countries have very high wheat yields & produce >2X the amount of wheat per ha as compared to US and Canada ( >7000 kg/ha vs ~3500 kg/ha) China largest producer in world also very high >5000 kg/ha – Russia relatively low at 2600 kg/ha.
This would lead me to believe all high yield countries very dependent on significant energy inputs to achieve production – without which no telling how low their yeild will be. Current low yielding countries probably less dependent on fertilizer and will see less reduction in yield with limited fertilizer supply.
Modern Big Agriculture requires huge amounts of fossil fuels to produce grains. Fossil fuels are going to be in seriously short supply if WW3 breaks out.
I have wrote several times that population will contract very significantly.
The Mother of all Clearances will take place sometime in the 2020s.
Few people remember that once upon a time the Fifth Avenue of New York was full of millionaire’s mansions. Of course there were slums and all that but the central area was owned by the top of top who didn’t give a shit to the poor and had large houses.
That is coming back. Today’s winners will build houses in the city center, demolishing all the slums and removing all the homeless by force. Combined with the latest tech which will prevent those who don’t belong from coming within 5 miles of where the better class leaves, rents will skyrocket and drive out most renters. Only those sponsored by the rich will be able to ‘afford’ rent which means once they are fired they are out of the city.
The pop of big cities will be cleared of their poor, their underclass and their undesirables, and driven to farther out of way areas where they would be less than welcome by the locals who will retaliate.
It is hard to see how the current high population of big cities will be supported, with the production from the rural areas of the rest of the world. Something has to go wrong. You may very well be correct about what happens.
Kulm you would be right if it was 1986 😂… are you wearing an argyle sweater right now and penny loafers? Ok boomer 👍
Ukraine’s national security council will introduce a state of emergency Wednesday across the entire country.
This will give power to authorities to decide on matters including people’s movements inside affected regions, curfews, restrictions on mass gatherings and media, and evacuations.
more lockdowns…that is the future
In other words, they will introduce a sort of green pass….
Adverse events after the second dose.
A woman spends various months asking help to Doctors for her severe negative event after the second dose of the Covid-19 vaccination, nobody listened to her, nobody wanted to help her.
Her conditions get worse.
After various months of suffering, the woman comits suicide.
Some Italian newspaper are talking of this story today.
But government has hust signed mandatory vaccination with experimental and uncertain efficacy for people over 50 (she was 51).
We can say that this social experiment went well.
Governments were able to divert anger of people from them on anger of people between themselves diveded into groups.
People in favour of experimental therapy hate the ones against it and viceversa.
The real target should be Government, but it manipulated very well brains and avoided the risk.
Is there any risk now that someone could understand the trick ?
Ok, so let’s start a war or another cold war…
https://www.laverita.info/effetti-avversi-vaccino-covid-suicidio-2656770565.html
https://www.ilparagone.it/attualita/vaccino-suicidio-effetti-avversi/
Watch the crazy woman half way through
https://www.facebook.com/watch/?extid=CL-UNK-UNK-UNK-IOS_GK0T-GK1C&v=316808583740216
https://boriquagato.substack.com/p/governments-are-about-to-come-for
governments are about to come for cryptocurrency in a big way
control of money and banking is the cornerstone of control of a society
I’m looking forward to CBDC’s which don’t have wasteful ‘proof of work’ concept bitcoin does. It will only take energy to track and record transactions. It’s also a great way to ration fuels, end vacation travel, and prevent people from buying too many energy intensive products. Can’t wait for BitCoin to be shut down and to get my FedCoin wallet app. With careful stewardship, decreased living standards, decreased population we can continue to enjoy a comfortable pseudo BAU for many years. My only wish is if I could join the WEF. I know a winning team when I see it. Hopefully at least I can be made a neighborhood watch captain. Captain Karen.
Unfortunately one has to wait for the invitation from the WEF: no chance for us to be a ‘early Party members’ as in the 3rd Reich……
CBDC’s are a tool, as you say, of economic control an manipulation, and also of social, and political repression – as we see in Canada today.
I want to get a coveted early party member ID number. I feel for those ‘freedom’ people but they don’t understand the situation we’re facing. (This is sort of in jest but sometimes I’m not sure anymore)
I used to say that when the flags, silly salutes and shiny black boots became fashionable, I’d sign up as soon as possible and stick the ugly mug of the Great Leader on my wall.
But what did they make the proof of loyalty and membership badge?
Masks and poisonous injections…..
Are you under 38? You have to be under 38.
A viable advanced civilization beyond the hunter-gatherer level evolves into specialization which in turn results in exchange of labor, materials, production and from there, barter and trade, which ultimately require a need for a medium of exchange and store of value. Thus, societies require energy, natural resources and a monetary system. The emergence of crypto currency /digital currencies have been enabled by the creation of the internet and wire transfer and are essentially the poison pill of control.
There exists times and places in this world where waving some green bills could literally move mountains. I do not think that this will change unless somebody will shred all these bills. They might even increase in value…
Yes you could also end with a bullet in your headd as OFW readers might suggest…
“China’s Gas Prices Surge to Record as World Grapples with Shortage.
“Domestic liquefied natural gas prices in China have surged to a record after frigid temperatures drained inventories and boosted demand for the heating fuel… China may seek to snatch up LNG cargoes from the spot market, further tightening global supplies.”
https://www.bloomberg.com/news/articles/2022-02-23/china-s-gas-prices-surge-to-record-as-cold-drains-stockpiles
“A top Russian government official on Tuesday taunted Europe with sky-high gas prices… German Chancellor Olaf Scholz has issued an order to halt the process of certifying the Nord Stream 2 gas pipeline,” Dmitry Medvedev, a former Russian president and the deputy chair of Russia’s security council, said in a tweet.
“”Well. Welcome to the brave new world where Europeans are very soon going to pay €2.000 for 1.000 cubic meters of natural gas!” he added.”
https://www.businessinsider.com/russia-dmitry-medvedev-europe-gas-prices-germany-pipeline-2022-2?r=US&IR=T
This fiasco has to be the most perfect example of “cutting off your nose to spite your face” that I’ve ever seen.
Germany: “Ha, you filthy russkies, now you can’t sell us the has we vitally need!”
Halfvard, I agree it seems unwise. This article perhaps offers some insights into the EU’s thinking though:
“Economists at Berenberg Bank find the EU has become less vulnerable to a stoppage in Russian gas imports as a combination of a mild winter and increased gas supplies from other sources reconfigure the European and global gas market…
“The German bank does however hold a base-case assumption that a long-term and complete interruption of natural gas flows from Russia to the EU seems highly unlikely as an outright ban would “likely hurt Russia’s petro-economy even more than it would hit the EU…””
https://www.poundsterlinglive.com/economics/16601-can-germany-eu-sanction-russian-gas
All hail european monroe doctrine, sorry, I meant the Marshal plan.
“complete interruption of natural gas flows from Russia to the EU seems highly unlikely as an outright ban would “likely hurt Russia’s petro-economy even more than it would hit the EU…”
Good luck on that one.
Oil and Gas in the ground is of highest value. If you do not poke in a hole this storage can last for millenia. Do not get yourself bamboozeled by daily news.
That is not what Commerzbank was saying in the Telegraph just the other day. Perhaps we can expect the message to change, as propaganda kicks in, to talk up the strength of NATO and to talk down its vulnerabilities to Russia.
https://www.telegraph.co.uk/business/2022/02/18/europe-would-last-one-half-months-without-russian-gas-supplies/
> Europe has just six weeks’ gas supply if Russia turns off taps
Buffer to cope without Russian supplies will only last until April, analysts warn
Europe would cope for just one and a half months without Russian gas supplies if Vladimir Putin turned off the taps in response to Western sanctions, analysts have warned.
Germany’s economy would be hardest hit in a Russian energy supply freeze as Europe’s gas buffer would only last until April, according to analysts at Commerzbank.
There are fears Moscow would restrict Europe’s gas supply if the West slaps tough sanctions on Russia following an invasion of Ukraine. Around 40pc of Europe’s gas comes from Russia with a supply squeeze set to send prices rocketing even higher.
Europe’s storage facilities are currently 33pc full at 33 billion cubic metres (bcm) of natural gas but would typically fall over the colder months even without Russian supply curbs. If stocks fall as expected and Russia turns off the taps, EU countries could replace the lost supply for just one and a half months, Commerzbank said.
Russia has delivered gas to Germany for the entire period of the cold war without a single second of interruption. That is what Russia might call “comittment to a contract”. That is basically not much different than what Putin says day in day out. Well, probably it is better for business when you just live in post-contractual times. Putin has lived in Eastern Germany and speaks German fluently. “He” better the Russian company Gazprom would not build NS2 if Russia hates them Germans. And he will not turn off the gas.
That is a pure fiction to stirr up some stupid Germans as Breszinski would have it.
The topic to remind you is: NATO expansion to Russia’s borders. And an “illegitimate” Government in Ukraine that threatens a Russian minority.
Another side note to contracts is that Russia has offered long term contracts to the EU and they were not implemented because there are more bucks to make on the spot market. So go for the spot market. We will see, who has the biggest credit card in Europe..
.
A different situation arises if SWIFT was turned off for Russia. That will definitively be problematic. But that is not in the cards of Mr Putin.
It’s funny to hear this constant refrain of Russia “turning off the taps.”
Hey, Europe, if you want some gas from Russian, go to the Russia gas shop and lay down your money.
‘And he will not turn off the gas.’
Time will tell. There is little point in debating the future when it is about to happen anyway.
‘Putin will not invade Ukraine generally.’
‘EU will not do crippling sanctions on Russia.’
‘Putin will not turn off the gas.’
Well, we are about to find out, so we can put the crystal balls aside and wait for a few days or weeks to see what actually does happen – which will be a lot more authoritative than ‘back and forths’ about it.
There is not much point in putting out betting odds and taking stakes on it all.
It is a lot clearer that the EU would not be able to replace all of the Russian gas if Putin turned off the taps – which is what we are discussing here.
“That is what Russia might call “comittment to a contract”. ”
Yes, agreed, Russia has been a very reliable gas supplier for Europe, sticking to the contracts (despite decades of propaganda from the UK’s BBC suggesting otherwise) . But how long are the contracts still valid for these days? I don’t know but I thought Europe over the last few years had switched to the UK way of doing things – short term contracts / spot buying.
Is this not what Medvedev was hinting at this week? The contracts will come up for renewal (soon?) and if you want our gas, we call the price, and it won’t be cheap. Makes sense.
Did I mention already Putin did his PhD in global gas supplies?
Qatar and all the other gas producing countries said, just the other day, that Europe has got zero chance that they could supply Europe with more gas, let alone replace the 47% of the EU’s gas imports that Russia supplies.
EU president Ursula von der Leyen is hallucinating if she thinks that global gas supplies have already ‘reconfigured’, that they are likely to in the foreseeable, or that ‘renewables’ could take up the slack of no Russian gas.
It seems that UvdL has been sniffing the gas, and getting high, instead of doing her job and producing a realistic analysis. Perhaps she ought to take a blood test to see what she has been on over the past week. ‘That is not what the gas is for.’
https://www.aljazeera.com/news/2022/2/22/what-was-said-at-gas-exporting-countries-forum
> Gas Exporting Countries Forum in Qatar: Who said what
Gas-producing nations say they will not be able to provide crucial replacement gas if sanctions against Russia affect Europe.
Qatar’s capital Doha has hosted a two-day forum of gas-exporting nations against the backdrop of mounting tensions in Ukraine, as well as reporting progress in the drawn-out negotiations to restore the 2015 nuclear deal between Iran and world powers.
Qatari Emir Sheikh Tamim bin Hamad Al Thani said the 11-nation Gas Exporting Countries Forum (GECF), which began on Monday and includes Russia, was striving to preserve stability in world markets, which have been rocked by growing fears of a conflict between Moscow and Kyiv.
The United States has previously asked Qatar to help Europe by preparing emergency supplies if the Ukraine crisis worsens. But producing nations say they will not be able to provide substantial amounts of replacement gas if sanctions against Russia do affect Western Europe.
Qatar and other countries have insisted that significant investment is needed in gas infrastructure, and that they need the certainty of long-term contracts to be able to guarantee supplies to Europe.
The European Union has long resisted the 10, 15 and 20-year contracts signed by other key customers for Qatar’s gas, which include China, Japan and South Korea. Russia currently accounts for 40 percent of gas used in Europe, and Qatar five percent.
Same topic as before:
The free market will fix that. Plain simple.
The periphery will fall into chaos and the center might hold.
That is is just common sense.
UvdL on the balloons.
‘I think that I am going blind.’
“The free market will fix that. Plain simple.”
‘Demand’ cannot magic up cheap energy in usable forms. Good luck finding alternative gas supplies if Russia turns off the taps.
The gas producing states say that is not going to happen. Maybe it is worth listening to what they are saying. That might be a ‘common sense’ approach too.
And the idea that ‘renewables’ can fill the gap of fossil fuels is barking. It is going to take a lot more than faith in the West and capitalism to turn that around. UvdL is chatting nonsense.
“Qatar and other countries have insisted that significant investment is needed in gas infrastructure, and that they need the certainty of long-term contracts to be able to guarantee supplies to Europe.”
Damn! Now those Qatarese are infested with that nasty “long-term contract” virus.
> The German bank does however hold a base-case assumption that a long-term and complete interruption of natural gas flows from Russia to the EU seems highly unlikely as an outright ban would “likely hurt Russia’s petro-economy even more than it would hit the EU… ”
As if!
No worries, just recommission the German nukes back online.
Right.
Now who’s gonna keep ’em splitting atoms, and fueled with what? Russian unobtanium perhaps?
Too bad those behemoth fuckers burn uranium.
Pointing out who really is in charge!
https://www.news.com.au/entertainment/celebrity-life/celebrity-deaths/rock-legend-mark-lanegan-dead-at-57-after-horror-covid-battle/news-story/eae70c69a8acaf7a9931b06fb31aac6c
Mark Lanegan, singer with Screaming Trees, Queens of the Stone Age….solo artist…dead at 57. He seemed to have had a tough time with covid back in 2021….
I loved his voice…the 1996 ST album “Dust” was my favourite work of his.
He released his life story back in 2020….”Sing Backwards And Weep”….a grim yet riveting read…
RIP
I post this sad story mainly as an example of how “vaccine hesitancy” becoming increasingly mainstream umong former zealots, and at the same time being conflated with “blame hesitancy”. I have no problem putting part of the blame on Trumpy, but he’s got an awful lot of company there, and at least he hasn’t advocated compulsory vaccination or the banning of other treatment options.
—————————–
Registered Nurse and a Vaccine Believer Develops Pericarditis After Receiving Booster Shot – Gets Mocked Online After Blaming Trump
I debated whether or not to mention this on FB, but after sharing my experience on Twitter and receiving over 14,700 responses, I decided I should say something.
Most of my friends know I’m a nurse. I currently work in clinical research, focusing on Gastroenterology. My background is in Neonatal Intensive Care and Oncology. I have been a hard advocate for people getting vaccinated. I had no ill effects (that I’m aware of) from the first two Pfizer vaccines I received in April and May of 2021…not even a sore arm. I’m pretty healthy and don’t fit in any “at risk” category that I’d heard of or read about.
Every doctor I know and trust encourages getting vaccinated, and I tend to trust their judgement. I also understand the urgency to get everyone vaccinated, as the longer the virus is around, the more opportunities it has to mutate. The idea of getting vaccinated made complete sense to me and I didn’t do any research on possible side effects.
I received a booster on 12/23/21. With this one, a couple hours later, My arm hurt so much I could barely move it, but that resolved after about 36 hours.
On 01/03/22, I started having shortness of breath, chest pain and a sustained, elevated HR (from 106-131 BPM).
There were three nights in a row I couldn’t sleep because my heart was pounding so hard; I could feel my pulse racing and felt almost “jittery” while also feeling extremely fatigued and “just not right”.
I saw my PCP and had several Covid tests (PCR and rapid tests) over a few days that were all negative. I have never had Covid.
My PCP then referred me to a cardiologist for a cardiac consult. When I saw the cardiologist, he thought it was very important to do an echocardiogram right away. The echocardiogram showed I have pericarditis.
My cardiologist told me he has seen several cases lately that he believes are related to the vaccine. He mentioned he has also seen recent cases of myocarditis he believes are vaccine related. He advised me against any boosters in the future…..
https://www.thegatewaypundit.com/2022/02/registered-nurse-vaccine-believer-develops-pericarditis-receiving-booster-shot-gets-mocked-online-blaming-trump/
From the dept of good jap pop music delivered by Chiaki Ishikawa.
“Uninstall”
https://youtu.be/s6P-rEylWaQ
Pfizer wins contract to develop vaccine that exterminates all humans.
Share price soars on the news
Mike isn’t coming around to the CEP – he rejects the fact that energy is a problem
https://live.childrenshealthdefense.org/shows/tea-time
Soooo EEEEEEE https://igorchudov.substack.com/p/moderna-patented-cancer-gene-is-in
This is consistent with what expressed by Joseph Tritto in his interview with Franco Francassi.
He says from time 01.14.24 of the video linked below, that Shi Zhengli inserted ‘Furin’ site in the center of the virus in order to give ability to Sars-Cov-2 to easily switch from virulence to infectivity and viceversa.
I hope who knows Italian can follow this important passage.
Joseph Tritto is a well-known scientist and he is President of World Academy of Biomedical Technologies (WABT). Also link below.
At time 01.14.24 if you wait some seconds he speaks about (said in Italian) Furina… https://www.youtube.com/watch?v=DkB_hwv_9pk
WABT https://uia.org/s/or/en/1100010986
https://www.dailymail.co.uk/sport/sportsnews/article-10539871/French-No-1-Gael-Monfils-blames-adverse-reaction-Covid-booster-recent-withdrawals.html
just your average “health glitch”…
top French tennis player Monfils can’t play…
also can’t say…
must be pretty bad if he won’t say what it is.
Tennis has changed.
It’s all sudden-death matches these days.
Mr. Groves, you are just splendid tonight
Last man standing wins….
Soon players will be tapping the ball gently and never running for a ball… as they vie for the Myocarditis Cup
it’s over already, Putin won.
Looks like the Nato bully is getting called out …is all.
PS: Methinks its not over until the gas gets turned off; now that will be reality TV I can relate to!
it would be more fun if we didn’t have friends in Europe.
but nothing we can do.
other than make some popcorn and watch.
Perhaps we will appreciate the warm summer days a lot more.
I don’t know you might be right but then again… having the reserve currency and a lot of under the table manipulations that we can’t see could change the game as well. I predict a stalemate and a let’s agree to disagree. Putin is a very western leader
Things that should have sunk the economies have done very little…BAU baby!!!
What does BAU mean?
Business as Usual i.e. no change
Now this does basically agree with what I’ve been thinking for several months now, but I find it hard to find see anything coincidental here:
https://igorchudov.substack.com/p/moderna-patented-cancer-gene-is-in?r=125tdj&utm_campaign=post&utm_medium=web
If anyone has a reasonable explanation for this NOT being intentionally engineered this way for intentional depopulation I’d be curious to hear it. I’m thinking both the virus itself and the jabs were designed to accomplish this, especially with the jabs focusing entirely on the spike protein as the antibody target. It all looks rather sus, as the kids say these days.
Not sure why people are so upset by this … everyone has been complaining that there are too many humans … for years now…
Finally someone is doing something about it — and they moan
Very true. Lots of people want the population to go down, only not in their backyard and not if it causes them any personal inconvenience.
I think the elders are being really cunning. They are not only population reductionists but also eugenicists. They aspire to improve the race by weeding out the unfit more thoroughly than Nature, left to Her own devices, would.
What better way to weed out the intellectually unfit than to recommend everybody get repeatedly injected with something that has officially not been sufficiently tested and is now known, after being in use for a year, to potentially cause devastating or deadly side-effects?
This rollout, this ongoing campaign, is bound to create an evolutionary opportunity by eliminating a lot of people who are not smart enough to firmly refuse to take part in the clottery. It might be a mild decimation or even a bottleneck for the species. But the eventual result will be a smaller, smarter and savvier human race capable of meeting the next round of WEF challenges and boldly going where no humanoid beings have gone before.
Tim, a small correction if you may:
“Lots of people want the population to go down, only not in their backyard and not if it causes them any personal inconvenience.”
Any a man of reasonable cognitive abilities would consider that as rather hypocritical? No?
When the world clearly is riddled with various predicaments arising from female moaronisms and male tryhardisms?
Yep, that was a quick thought that the universe filtered through my mind after a few hundred milliseconds of processing before I decided to type it down.
But hey, it’s about time for the obvious:
https://i.imgflip.com/1hpind.jpg
🤣👍👍
Let er Rip … it’s more natural
Dark times await us. I’m affraid Klaus wants us as breeders of the future techno-ubermenschen race. We’re going to be forced to have sex with beautiful young pure blood women, several times a week and without any kind of payment or compensation.That’s the meaning of the phrase You will own nothing (not even your own semen) but you’ll be happy. To which I say No. A thousand times no!
seems very reasonable to me
i don’t normally charge anyway
I am pleased to inform you that you have nothing to fear from that ordeal, Norman, as it will be intended solely – helas! – for non-vaccinated breeders like me.
could i fake it?
seems too good an opportunity to miss
i could also deny that i was taken to the vets years ago
This is what I am hoping for!!!
BTW – speaking of experiments.. I spoke to the honcho in the claims department at my health insurer… trying to find out how many vax claims they have (and if I am subsidizing them)….
Long story short he wouldn’t tell me so I unhinged a little and said — come on you know the numbers — I just don’t want to be subsidizing the MOREONS who inject an untested experiment into their bodies…
He was quite offended by that and said I am one of those ‘MOREONS’…. I said what’s your point … he didn’t get it so I said — anyone who injects an experiment into their body without it being tested for long term side effects is a what if not a MOREON. Soon after he hung up on me.
Hahahhaahhahaha…
eddy
no you didn’t
But Fast Eddy did norm…
I then had a conversation with my broker to try another angle – he will have an informal word with the higher ups and see if he can find out if there has been a spike
Extremely unlikely given that the vast majority of vaccinees have not died and, if some do, it would be hit and miss for the mythical elite controlling all of this. Or maybe they just all lied about getting the jab. Economies would grind to a halt if you were right (which you aren’t). I hope you’re ready to fend for yourself as you society starts to crumble as more and more of the vaccinated keel over. You won’t even be able to watch any sports games, with no athletes left.
“You won’t even be able to watch any sports games, with no athletes left.”
You make it seem that being a problem?
As a retired physician, I have watched with interest all the claims and possibilities of this vaccine and spike protein injection and its associated hitchhikers potentially causing a depopulation event. I think the jury is still out on that. In fact I think the globalists may be disappointed that the Covid or rather spike protein was not as lethal as they had hoped. Instead I still favor the idea that Covid being used to disrupt society, supply lines, eliminate small and medium business, isolate people, condition them to control and as a Trojan horse to introduce health ID passports along with planned central bank digital currency. I.e. indirect and more anonymous control of populations. Of course when the evidence becomes more compelling, I am quite ready to change my opinion as I am quite cynical already.
They could well be disappointed in the potency of the jabs, as well—that was covered in a video I saw here, which is pretty matter of fact:
“Broken Bio-weapon is Safer”
https://www.bitchute.com/video/8tbOPuO0jyuV/
Although it sounds inconceivable that such a form of mass murder could be happening on a global scale, how else can one explain the frenetic insistence to jab all the kids, down to infants? It smacks of being held to a time-table: that they need to get as many people jabbed as humanly possible before data can actually come in about the true levels of death and damage and, only even later than that, information about infertility.
The degree of compulsion and urgency in the rollout of this treatment is wholly out of proportion to even the best promises for slightly-improved outcomes by the mfr.s. As the kids would say, it’s all extremely “sus”.
Hubbs, have you spoken about this untested-on-animals and barely-tested-on-humans gene-therapy situation with your colleagues? What are their views? They certainly can’t think the situation is a usual one.
Particularly when the injections do ZERO to stop the spread of covid – or the hospitalizations and deaths.
This is bizarre. Splicing in a patented gene sequence that is known to cause cancer, besides spicing in an HIV gene. According to the article:
I read that article with tremendous glee… knowing norm was celebrating the launch of Jab 4 … and booking his Date with Destiny.
norm – if the OFWers were to pay the premium for a $5M life policy on you will you be ok with making us the beneficiary… we’re betting you’ll get that live round soon…. we will spend the money on a giant party!!!
Let’s call it a wake… we’ll all tell the best stories about how you mocked conspiracies … and Fast Eddy will appear and tell the one about how you would not believe the Injections were Death Shots…
hahahahaha
5M … we can get super models for the VIP room with that sort of loot!!
Unvaxxed hottie broads that can cite Plato and the Buddha understanding what they meant, that is.
Oh, rite, that doesn’t exist. Well then;
Back to solitude…
“Everybody’s at the mall scratching his ass, picking his nose, taking out his credit card out of a fannie-pack, and buying a pair of sneakers with lights in them.”
— George Carlin
“We’re just a bag of garbage. We’re not going on to anything else.”
— George Carlin
Failed species.
MOAR!1!!!!! YOLO!1!!1!
🤣👍👍
There is the famous twitter exchange where a talking head explained covid couldnt possibly be lab origin. A molecular biologist replied CTCCTCGGCGGGCACGTAG to which there was no reply. He continued to torture him with CTCCTCGGCGGGCACGTAG posts for some time all with no reply.
Since all know patents with CTCCTCGGCGGGCACGTAG belong to Moderna I wonder if it could be asserted that legally Moderna owns Covid?
I know Ralph would have a big problem with that.
https://nworeport.me/2022/01/16/smoking-gun-moderna-patented-man-made-sars-cov2-gene-sequence-in-2018/
It certainly is a strange situation. Patenting a gene that causes cancer and then inserting it into a human-manipulated virus. Then creating a vaccine that would seem to cause the body to make a similar harmful spike protein, with the cancer-causing gene. This goes beyond bizarre.
I do hope the type of cancer(s) they inserted are activated by the ‘vaccine’… and if so … they are the type of cancers that linger … and cause great suffering.
Nothing .. and I mean NOTHING… is as disgusting as a MOREON. They are a disgrace to the planet and deserve the worst death
Contract rates for dry van truckload have increased roughly 25% over the past year, or 59 cents per mile, according to FreightWaves invoice data. In the meantime, carrier compliance rates for accepting electronic requests for capacity have only improved to 81.9% from 78.5%, according to FreightWaves tender data — basically simple cost inflation for getting the same product.
The 17 cents per percent acceptance rate improvement suggests two things: Shippers were violently underpaying for transportation costs prior to the pandemic in regard to the value of service provided, and the current capacity shortage is not going to be solved on the supply side alone. The second point is a topic for another day.
Transportation capacity has been largely taken for granted over the past two decades. The truckload space has been largely oversupplied for most of this period of time due to low barriers to entry. This relative ease of entrants has effectively spoiled many companies into thinking they will need to devote little resources to managing this extremely crucial function.
While it is true that any commodity that is supplied in overabundance for a long stretch of time becomes nearly invisible to the entities that rely on it, the inherent value becomes visible in times of shortage.
https://www.freightwaves.com/news/truckload-rate-inflation-suggests-that-service-was-extremely-undervalued-by-shippers/amp
A way human population can be controlled is for all land and sea to have an owner that does not allow over exploitation of his/hers land/sea. No need for an birth control laws just the sheriff protecting the owners property. In the future a small minority, the lords, ten million persons, will own all land and sea. All other humans will exist at the will of the lords. No need for the lords to kill anyone just have the sheriff relocate them to the desert if they do not have a job to pay the rent in the cities/factory towns. The fact that they will starve in the desert is of no concern to the lords.
How many worker humans? Maybe 100 million. Start with 800 million and work down from there.
The lords control food and water and collection of sun light.
There will be sailing ships for travel and shipping. There will be electric trains, trolleys, and maybe so cars on limited roadways (the lords way). Internet yes, unlimited video no. ever advancing chip for AI most likely not but hey people are clever. Biotech maybe it is highly specialized but it is low energy. Air travel by jet likely not, air travel by blimp maybe.
Laws and rights for the lords yes, for the workers rules and regulations and swift justice.
Will the lords limit the number of lords or allow never ending dilution of wealth and power of lords? Simple system one lord one heir.
Smells just a little WEF-y to me
The Ottoman empire was organized like that. All children of the ruler were to be killed except the one inheriting the crown. It did not go well eventually.
All the male children specifically. Since women and girls didn’t succeed to the Throne and less likely to be a military threat.
They are far less likely targeted for assassination.
Compared to other muslim organization the silk rope was gamechanger for the Ottomans. It provided stability and longevity of the empire beyond the cultural bottleneck that was bestwoed by the male inheritance. Just compare the periods of rulling for Magreb muslim dynasties and those of the Ottomoan empire.
The Byzantines tended to blind prospective rival contenders for the throne ( a mutilated person could not rule): the Ottomans to strangle them with a silk cord – if lucky they’d at least had their pick of the harem women, and boys, for years.
“Simple system one lord one heir.”
What’s not to like about neo-primogeniture???
It is in the WEF statutes that an immediate Schwab family member or designated heir have a seat on the Board of Trustees. So they very much see it as their personal fiefdom.
I heard about this on the Corbett Report. Link to pdf of their statutes in the show notes.
https://www.corbettreport.com/wef/
Are we heading for ‘Handmaiden World’ where the unjacked are the new smart resource?
My Unvax Pass anyone?
If J’ASSinda asks you as a Pure Blood to Service/Breed her… what’s your price? hahahaahaha
FE, does this happen to you too?
I merely observe the text appear right in front of me as the universe through some unfathomable mystery jinxes my brain to be as obnoxious and irritating as possible.
It is as if the universe loves to be hated and live inside the mind of hopiate jabbed halfwits. And living rent free is hunky dory, even though the space is cramped and filled with pointless mumbo jumbo and fantasy. Free beer in the fridge and all that lovely intoxication from absurd rapacious primatery.
So where am I going with this?
Nobody knows.
However, back to the subject matter:
If you are good at something, never do it for free.
— The Joker
😉
Is that genius… or insanity .. or both?
A combo of random filtered through dumb with a dab of silly added on top.
Black Mirror moment?
Black Witch!
“If you voted labour then use a condom” …sign on ute that I saw a few days ago in NZ
I think the real joke is:
“If you voted then use a condom”
‘Fucking’ popularity contests between wh0res.
Fast Eddy voted for the first time since moving to NZ … HE didn’t actually give a F789… It was done as a lark…HE was having a coffee and there was the booth next door… HE voted for the Outdoor Party … they got maybe 10 votes… not a f789ing clue what they stood for…
Cuz ya what’s the point?
I do wish they’d offer a free lap dance coupon in future though… or better still… I would support the political parties outright buying votes… at least then the MOREONS who vote would get a few bucks to go buy some meth….
Trending …
https://twitter.com/nzthepartysover/status/1495858540837498880?s=28
Really? https://www.zerohedge.com/markets/qatar-says-it-cant-replace-russian-gas-supplies-europe
That is the thing about having all the trump cards in your hand… there is nothing that the other players can do… however much they might mouth off…
> … Needless to say, the underlying logic behind this strategy is not lost on the Russians, and this morning none other than Putin’s right hand man Dmitry Medvedev trolled the west, tweeting that “German Chancellor Olaf Scholz has issued an order to halt the process of certifying the Nord Stream 2 gas pipeline” and gloating: “welcome to the brave new world where Europeans are very soon going to pay €2.000 for 1.000 cubic meters of natural gas!”
…. Qatar’s bottom line: “no country can replace Russian supply to Europe” and that is music to Putin’s ears, because having grasped long ago that no matter what he does, there is little Europe can counter unless the continent also wishes to effect economic suicide, the Russian president just called the Western bluff which warned day after day about “devastating sanctions.”
It’s also why for all the jawboning fire and brimstone, Europe’s sanctions will be quite toothless, something we already saw today when the EU and UK unveiled a list of five banks that would be sanctioned: the surprise – Sberbank and VTB, Russia’s two largest state banks, will not be included in the list.
Almost as if Europe is terrified of pursuing sanctions that are too harsh in response to Putin’s “minor incursion” “invasion”.
Europe should have thought through all of this, long ago.
“Europe should have thought through all of this, long ago.”
There is… flat out …no possible chance that they didn’t.
So what is the next best explanation?
All roads lead to … LESS!
Europe is not master of its destiny. The Marshal Plan (which also stipulated EU creation) was USA version of Monroe Doctrine for Europe. Europe does not have any independent decision centers. It is obvious even for a blind person. Russia discusses European matters directly with USA and no puddles from Europe are invited. Every time. So why considering Europe as sovereign player?
Interesting point. Europe is a collection of countries that historically have not gotten along well. They have tied themselves together through the EU (to which only some countries belong), through the electric grid, and through pipelines.
I can imagine all three of the types of ties unwinding. The EU now charges more for its benefits than the benefits it gives to member countries. The UK has already left. NATO is increasingly powerless, next to Russia.
The electric grid is a disaster in the making, with nuclear production being reduced and both coal and natural gas increasingly high-priced. Electricity will be too high-priced for industry, leading to much unemployment.
The pipelines can’t provide more gas or oil than the producers are willing to sell. Europe is increasingly being outbid by Asia. Also, countries near Russia tend to get “first dibs” on what is available. Countries at the end of the pipeline are likely to get left out.
The US cannot be depended upon to provide very much LNG to Europe, leaving them in a poor position.
Europeans sell mansions in Meta with US Dollars and then buy US shale gas with these dollars. A win win.
In conclusion: Europe is an object, not a subject, of geopolitics. And has been for a long time
It is occupied territory. There are over 100 US military bases/installations in Italy alone. I don’t know the figures for other EU members.
Anybody notice how silent Germany is in all of this? It is as if “Bourgeoisie Jesus” (Mr. Blackface) is heckling the CE by threatening ‘sanctions’ against Russia?
I’d like to observe Central Europe threatening sanctions on Russia too. After all; why not bite the hand that feeds ‘ya?
How about this ‘plan’: Fuel up the Leopards with product sourced in Russia and start crawling eastward with guns blazing?
Wait a second, didn’t this happen in the past? What could possibly go wr…? Right; no cheap oil powered Marshall plan this time around to rebuild the loonie house.
Never mind.
The stripes never seem to wear thin in good ‘ole nut job infested (central) Europe. At least the French and Spaniards seem to learn from lessons by having their asses handed to them a few times in the past. And by the way; isn’t bicycles, olives, cheese, baguettes and wine better in all conceivable and important ways than a Daimler that is missing some critical components?
Staging some domestic “protests” seem a good way of saying: “Nope; ain’t gunna bother since the plebs already are unruly from feeling the burn of depletion and mandates.”
Situation: Limbo for the time being until “we” progress into the next stage of vax and depletion induced grief.
Perhaps.
They tried to seize Syria for a pipeline to Europe and Zone 2 stopped that.
Yes.
LOL!!!
PM Trudeau says Canada will stand against authoritarianism, announces sanctions against Russia.
https://twitter.com/disclosetv/status/1496257072706502661
He knows all about freezing bank accounts… and maybe he will threaten to take their kids away too if they protest about it… b/c he is so against authoritarianism.
It’s gotten way too blatant to take these these jokers seriously. The Plebs take notes and file it away in their memory banks. They are beginning to realize that George Carlin was right when he said “It’s a Big Club and we ain’t in it folks”.
I thought you could only be a hypocrite if you had the most powerful military in the world … and could tell anyone who pointed this out to f789 off.
“She gave $50 to the convoy when it was 100% legal. She hasn’t participated in any other way. Her bank account has now been frozen. This is who Justin Trudeau is actually targeting…”
https://www.zerohedge.com/political/canadian-lawmaker-claims-single-mom-had-bank-account-frozen-after-donating-50-freedom
I donated to givesendgo… I put wheels in motion to get cash out of my personal account yesterday..
On a different but related note. The convoy from Vancouver to Ottawa was supposed to be 50+ miles long at one point, implying thousands of trucks. How were the police able to remove so many trucks so quickly? Something does not add up.
I was asking myself the same question.
There was actually very little video straem shared online.
What I saw was the arrival at Capitol Hill but I have been at much larger gatherings in Austria…
Not sure why Russia would need to fight. Simply turn off the gas tap for a day… then a week… then….
What can Europe or the US do? Blow them up? That’s suicide.
Boom Boom Boom – go the bombs!!!
Blow up the world real good. WW3 is a fitting end to the cancerous species
https://www.zerohedge.com/geopolitical/russia-evacuates-diplomats-ukraine-ominous-sign
Ha – good!
https://www.nzherald.co.nz/world/tanks-roll-into-ukraine-as-europe-makes-first-big-moves/K3GVV5BWIA5WXBI5NCHUAN2Q6A/
Hopefully this isn’t a bluff … let’s say they were disappointed that Devil’s Covid is late to the party … or blowing it off altogether…
Surely they’d have a Plan B … we can see that BAU is crumbling before our eyes now… the very foundations are cracked … it could fall at any moment…
All out nuclear war would kill quite a few people rather quickly – reducing suffering — but nowhere near as comprehensive as Devil Covid .. but if the Devil is not playing ball… why not incinerate as many lucky people as possible … to reduce the face ripping?
Always good to have a Plan B… if the Devil does not arrive soon … maybe they will Push the Button and blow everything to high hell
Either way – this is a really cool time to be alive. Epic
https://www.bloomberg.com/news/articles/2022-02-22/biden-amps-up-russia-sanctions-saying-ukraine-invasion-underway
Perhaps it’s simply about suppressing and damaging the immune system rather than Devil Covid. That way, people become ill from any number of pathogens rather than just one that’s readily identifiable.
What would be the public’s desired response to Devil Covid if the people in charge managed to conjure the Devil? Why a brand new vaccine, of course! Targeted specifically for Devil Covid! That doesn’t work to fulfill the CEP, does it? The CEP would be better fulfilled through having a large population of immunocompromised people who become ill and/or die from a wide variety of causes. In such a situation, it becomes much more difficult to trace the cause back to the “vaccines.”
If the goal is to extinct the MOREONS (and us along with them)… why conjure up a new vaccine?
If Devil Covid were to manifest, and its existence were to become common knowledge, then the public would demand a brand-new vaccine for it. The people in charge would have to either give in to that demand or choose not to. If they chose not to create a brand-new vaccine for Devil Covid then the public would demand an answer as to why.
“Pfizer, why aren’t you investing time and money into creating a new vaccine for Devil Covid?”
“Moderna, why aren’t you investing time and money into creating a new vaccine for Devil Covid?”
“Dearest Bill Gates, wealthiest proponent of vaccines, why are you not pursuing a Devil Covid vaccine?”
“NIH. Why not?”
“Wuhan Institute of Virology? Why no Devil Covid vaccine research?”
“Why does no one in authority want to come up with a vaccine for Devil Covid? Do they not care that people are dying left and right? What is wrong with our elites; our world leaders? Do they not care about their fellow human beings?”
Hahahaha… we demand a new vaccine!!
There is no new vaccine.
But we demand one!!! We protest!!!
There is no new vaccine. You won’t protest for long cuz Devil Covid is going to kill you … look outside your window — see all the dead bodies? Do you really want to protest – and risk infection with Devil Covid?
We want a new vaccine! We are going to call our elected reps and insist that we receive a new vaccine.
Hahahhahahahaha… you better call quickly cuz the phone lines will be dead shortly … cuz the electricity is about to be permanently interrupted.
What is BAU?
Business As Usual… (civilization)
Live beyond your means and pretend it will last forever.
It is a self entitled fantasy contorted in the minds of pretentious halfwits (bourgeoisie mostly) seeking validation through symbols of social status and materialism (ego BS) when in reality they’re just the default expression of rapacious primate psychology.
Primates gonna primate. All retch and no vomit.
The female moaron selects for the male tryhard. It is an endless generational repetition of the generic persona. Been there; observed that, got the boredom and cringes.
But don’t you worry. The seven stages of grief will antidote those hopiates in no time flat. In the mean time vaxxes, Teslas, solar panels and wind turbines will deliver enough copium to placate the insatiable desires.
That’s BAU for you.
Tim Watkins “Imperialism in bright green”
https://consciousnessofsheep.co.uk/2022/02/21/imperialism-in-bright-green/
“The truth is that net-zero and the Green New Great Reset is nothing to do with moving to a sustainable way of life. It is merely one final imperialist blowout before global industrial civilisation is done. Après ça, le deluge…”
But wait, there’s an article in the NYT about wearable, liquid thorium reactors . . hope shines bright!
It is hard to believe that Europe could ignore the obvious for so long.
I am not so sure. Politicians tend to be absolutely clueless when it comes to energy / oil / gas / coal etc. So they depend on their energy advisers who tend to be economists. And my experience with economists in the UK govt is that they are nutters.
A incredible interview of a ECO health alliance contractor by dr. Robert Malone. By far the most revealing insight into the world of gain of function research that i have encountered. Malone is not a dull stick and this kid is not far behind him although his perspective is different.
There are lots of takaways. My perception of some are
1. The eco health wuhan lab interaction was a trade for USA biotechnical experience for use of the wuhan facility due to the USA ban on gain of function.
2.The purpouse of the gain of function research in wuhan that resulted in the release was attempting to create a airborne “vaccine” if a dangerous bat corona virus was to evolve naturally. They lost it while they were developing the dangerous bat corona virus.
This was not mentioned in their dialogue but Omicron fully fits the definition of the research end goal giving credence to the thesis that the research was continued by someone the end goal achieved and the “airborne self replicating vaccine” released to end a pandemic not of a natural virus as the perceived threat but the release. This is supported by the large amount of genome changes with no natural genome evolution history.
3. The goals and implementation of various gain of function research is regarded as “goofy” by both individuals with the facilitators often just looking for accomplishments needed to further their careers.
4. At the end the different topic of active state sponsored MRNA vector research for the purpose of trans-humanism is briefly mentioned. The philosophy that China is leading in this and the USA needs to catch up is mentioned.
It seems to me that covid represented a opportunity for MRNA R&D and it was implemented. Thats why Gates is “sad” that Omicron was released it spells the end of the illegal immoral experimentation with the goal of trans-humanism on the human population. Someones in trouble for curing covid! I am not leaping forth eager to contract Omicron however particularly with the ongoing confirmation of the extreme danger of the spike protein. No Omicron doesnt appear to fill up the lungs with muck and suffocate you. The spike protein is a different matter. Just another day in the world of gain of function research.
https://www.bitchute.com/video/k5firVPsk8RO/
Indeed:
“[Bill Gates] on Friday acknowledged to attendees of Germany’s annual Munich Security Conference that natural immunity provides powerful protection against coronavirus and that Omicron has exceeded the ability of vaccines to confer that protection to a large swath of humanity.
“Sadly, the virus itself – particularly the variant Omicron – is a type of vaccine. That is, it creates both B cell and T cell immunity,” Gates said. “And it’s done a better job of getting out to the world population than we have with vaccines.”
https://trialsitenews.com/bill-gates-omicron-is-a-vaccine/
Perhaps, among those in the know, there was a research competition planned and orchestrated: mRNA injections vs. airborne vaccine (Omicron). Which one wins? Perhaps one set of billionaires backed mRNA injections while another set of billionaires backed airborne vaccines.
Or, perhaps, it was known that airborne vaccines work and mRNA was to undergo testing on a massive global scale. Should anything go wrong with mRNA the airborne vaccine would be waiting in the wings, ready to be deployed to save the test subjects.
Perhaps the research competition judges said, “Alright, Bill, you’ve got two years to test out your mRNA jabs. If they don’t work we’re sending in the airborne vaccine and ending the game.”
This is an interesting video. The blurb at the bottom says,
In a way, this video is like listening in on a conversation. It is not necessarily very easy to understand, especially, if a person is not already familiar with the acronyms for organizations or names of people. It does add quite a few insights. One of Malones’ insights is that the researchers doing gain of function research are “not the sharpest tools in the tool box.” They tend to be naive about what could go wrong. Some of them are more concerned about their own personal advancement than figuring out what might go wrong.
Also, manipulating viruses to add functions seems to be a way to get ahead. No one stops to think that the functions being added in the lab are not the same as the way nature would do it. They are not replicating nature; they are simply get away and cause a problem.
Both of them point out that when applying for grant money, generally a large share of the research has already been done. This way, it is easy to do the promised research.
At the end of your comment, you say,
I want to point out that the video does not make this connection. (You didn’t say that it did, either.) Maybe it is true; maybe this is really why Gates made his statement. But I don’t think we know for certain.
“I want to point out that the video does not make this connection. (You didn’t say that it did, either.) Maybe it is true; maybe this is really why Gates made his statement. But I don’t think we know for certain.”
Quite correct Gail. Malone did however mention briefly discuss MRNA vector research with the goal of transhumanism and that there was perception that this was a competition in the research communities and the USA needed to keep up. That such a informed and deep insider uttered the words MRNA RESEARCH TRANHUMANISM is as we see to be saying quite often lately a revelation. While MRNA research in relationship to transhumanism has been asserted by many credible individuals no one with Malones status has even uttered the word transhumanism let alone affirming that there is MRNA research to that end.
As such that statment is a game changer. It acknowledges that trans-humanism is a real goal. That China is doing research to that ends. That there is perception in Malones very elite community that the USA needs to catch up. Any one of these three statements is a revelation just by itself. Together…
The rest of it hypothesizing that MRNA injections real purpouse were and are trans-humanism was entirely a hypothesis owned by me. . I have noticed Malone will give a set of facts that have a logical conclusion when he wants to download and for whatever reason doesnt want to go that far out on a limb. Malone prides himself on only stating facts. He is very cautious in stating hypothesis. Stating a set of facts does indirectly create a hypothesis. Im no rocket scientist. The hypothesis I stated didnt take a lot of skill or intelligence to construct considering five more facts.
1we have witnessed the largest experimental drug distribution of all time , 2that drug is MRNA, or adenovirus used the same way.
3we have heard multiple testimonies that is curiously unsuited as a vaccine,or rather the selective DNA reprogramming is a stupid technique to use as a vaccine.
4 all four drugs use that same stupid technique
4and that it is curiously ineffective in the extreme demonstrates that a stupid technique was chosen by individuals who have much better skill level than selecting stupid techniques. Four separate teams all with extreme skill levels all selected that same stupid and inappropriate technique for the stated purpose.
5 totalitarian measures are being implemented in this matter that seem to spell the end of representative democracies and self evident human rights for stated purposes that are nonsensical.
Is my thought process illogical in this matter? Your right I dont know for certain. The hypothesis makes sense out of hogwash. Am I terrified? Yes.
Thanks for your additional explanation.
A fundamental premise of Transhumanism is that the evolved human is deeply flawed, requiring augmentation and alteration in order to be acceptable – physically and behaviourally – and above all to be able to interface with new technologies.
Hence the insane denial of natural immunity by them during the ‘pandemic’.
Evidence that the unmodified Hom Sap 1.0 can take care of itself perfectly well is anathema to these people, and so Gates feels sad…..
Economic growth and technology always needs “new things” to fix. I suppose the immune system is one of them. Unfortunately, the folks working on this have unrealistic expectations.
“Evidence that the unmodified Hom Sap 1.0 can take care of itself perfectly well is anathema to these people, and so Gates feels sad…..”
I beg to differ.
The rapacious primate is fundamentally incapable of controlling the whims and wishes of the ego no matter how much suffering it seems to incur in a specimen.
It is an irresistible attractor in the nonlinear dynamic system of primate DNA and psychology. Lotka–Volterra equations with the predator being “humans” and the prey Mother Earth.
Give a human $50M dollars (even Scott Nearing)… and watch…
Did I mention I experimented on my dog once in Bali? You know those big packs of wet food that look like a giant dild o? In plastic wrap….
I kept cutting off big hunks and feeding it to the dog… the more he ate the more I gave him… he just kept eating … until he vomited….
Same as giving a human $50m.
Good thing about dogs is that they eat their own vomit and then poop it out completing the process of life.
Unfortunately dogs won’t live particularly long.
As for humans it’s all retch and no vomit. Same generic personas, caricatures spawned from the perpetrators of the collective subconscious.
Fortunately vaxxed rapacious primates won’t live particularly long.
I do wonder if I write mean things? Anyway; let us ponder upon the rather informative quote below:
“No one is more hated than he who speaks the truth.”
— Plato
Technocracy: The Operating System For The New International Rules-Based Order
The International Rules-Based Order (IRBO) is under threat and global power is shifting. As East and West rekindle old enmities we are led to believe that this struggle will determine the future of international relations and the direction of nation states. However, the global transformation is not led by national governments but by a global network of stakeholders and global technocracy is their goal.
https://unlimitedhangout.com/2022/02/investigative-reports/technocracy-the-operating-system-for-the-new-international-rules-based-order-1/
little point in me repeating it i guess
but you cant have technocracy—which is just the abstract offshoot of ‘technology’—without cheap surplus energy
While that is true, Norman, I don’t see Elon Musk, Bill Gates, Mark Zuckerberg, Klaus Schwab, Jeff Bezos, Richard Branson, et al. throwing up their hands and putting away their shiny toys and Big Tech control systems.
These people are likely to ride the cheap surplus energy roller-coaster all the way down, and they’ll use what remaining energy they have to secure as much for themselves as possible. Hence “technocracy” for them as a way forward, for as long as they can maintain it.
They are a dying breed, the technocrats, and they truly know no other way of life.
effectively–none of us know any other way of life, we all have shiny toys we depend on
true–a very few would be able to go fully self sufficient, but those numbers would be infinitesimally small.
those of high net worth would be able to survive longer than we paupers, but that time factor is relative.–10–20–even 50 extra years?–though thats pushing things a bit.
rather like the Titanic, more first class passengers survived, yes, but only because a rescue ship arrived next morning. Had there been no rescue ship, few, if any would have survived.
Our future doesn’t seem to promise a rescue ship–for first class or steerage.
None of us will ‘throw up our hands’ and give up. I’m well past my use by date, but still think this coming year will be pretty good, because for me, everything still works ok. On the other hand I could croak before finishing this reply. But that would leave eddy bereft.
though if i was homeless and broke, i maybe wouldn’t be optimistic.
“They are a dying breed, the technocrats, and they truly know no other way of life.”
At its core the rapacious primate is a tool making species. From flint tipped arrows to semiconductor chips.
The predicament arise when the ‘royal’ bloodlines are set about to contaminate the gene pool with various insatiable desires. The existentialists call this technicality absurd. It is absurd in the literal sense and technical. Fucking cringe.
The pretenses and genetic suck trickles down to the herd as entitlements of MOAR stuff, statuses and prestiges. Just have a look at academia and the generic organization. The middle management horde is just plain appalling. The lower (technical) rungs are just aspiring (ego) schmucks that doesn’t know a screw driver from a hammer. It’s a mess.
“The International Rules Based Order (IRBO)” sounds like another invention of Klaus Schwab and Bill Gates. I don’t think it is going anywhere.
Latest video from ‘Joe Bloggs’. He reviews the fortunes of what was considered to be one of the more successful building companies in China, Zhenro, the 30th largest property developer in China by sales. The company announced in January that its finances were in sufficiently good order that it would pay all its upcoming payments to bondholders (one of the few expected to be able to do so), but has just announced it would not be repaying a bond due 6 th March.
Joe’s summary: due to a 46% drop in sales year on year for January, combined with falling prices, all Chinese property developers will default on their payments over the next three months.
Summary and Conclusion: 17m 8s – 20m 48s.
EVERGRANDE – Chinese Property Market COLLAPSED IN JANUARY. All Developers Now on BRINK OF BANKRUPTCY
https://www.youtube.com/watch?v=B10Q46gFOCs&t=193s
Will the CCP up its game to prevent collapse of the sector? Clearly freeing up the Escrow accounts has not worked.
This does sound like a mess, if all the Chinese property developers are defaulting. Perhaps an end needs to come to the building of the many new high rise buildings, if China’s coal supply is declining, and it is the largest importer of oil, coal and natural gas.
What makes the situation especially bad is the fact that people have been using their homes as bank accounts. They have been counting on appreciation of home values. Now, I am not sure what happens. Perhaps people can just move around within previously built homes, and the system, otherwise, sort of stay together. But this is not the way people have understood the “system” would work. They have assumed that everyone could “move up” to a better home.
President Xi will have some fast talking to do, especially if there are food shortages and rolling blackouts, as well.
Gail, you rock!! Many individuals around the globe use the phrase “existential threat” when considering fracking, hydrocarbons, global warming and climate change. Here is the conclusion that I have come to in the last 20 years about the real “existential threat” to mankind. And sadly we can do nothing about it. There are only two words one needs to consider when analyzing our past and our future. The “G” word and the “F” word. The G word describes where we came from and how we got to where we are today. The F word sadly determines our future. The G word is “Growth”. Basically the growth in the per capita consumption of fossil fuel energy. Politicians love the G word. Even though they don’t understand it’s significance. And the F word is of course, “Finite”. You have known this for years, Gail. “Our Finite World”. You were so far ahead of your time. It must have been frustrating at times for you back then, when you were alone.
All the talk about quantitative easing, renewable energy, the green new deal, shale oil and gas, the tar sands, the Keystone pipeline, carbon credits, global warming, climate change, Tesla, etc is nothing but meaningless babble as far as the future of mankind is concerned. When the Oil, natural gas, and coal are gone, mankind will not survive as we are today. Not even close. I’m afraid that we is headed to a new stone age with lives as hunter-gatherers. Not very uplifting but true. But, maybe I’m wrong. We have Los Angeles spending billions to expand the LAX Airport. Yes, they really are expecting a huge increase in airline passengers. They must know something we don’t know. Yes, you are correct!! They obviously have never read “Our Finite World”.
Thanks for your vote of confidence! We have an amazing number of people thinking that our problems are easily fixable. They really aren’t.
Even where we are now, we don’t exactly know how things will go down. If may be that parts of the world economy can hold together for a few years longer. Life is constantly filled with surprises.
In all parts of the world, people get up and occupy the place and functions where life has placed them, it is the system, changing that gear is almost impossible, so it is very likely that we will go down, to see if the blow it helps to have a collective catharsis and something is saved.
Aged,
“We have Los Angeles spending billions to expand the LAX Airport.” Politicians deal in what can be done, now; we merely observe. That project provides jobs, moves money from one group to another, it works until it doesn’t. The pyramids did the same thing, they were more durable.
There more than enough resources, they are literally all around us. There is plenty of energy, the sun is close by. Our problem is we keep digging holes instead of looking up, an old metaphor.
We cannot make iron, it was forged by supernova, but it is out there in a frictionless environment, concentrated, only needs to be collected.
Major issue, drop too much of it on earth and upset the earth’s weight, balance. There is always something.
Dennis L.
22.02.2022 Ivermectin again.
Here we go:
“According to the results of studies analyzed in Liverpool and conducted in Spain, Argentina, Egypt, Iran, India, Bangladesh, Nigeria, Pakistan, Turkey, Argentina, and Iraq, there appears to be evidence of a reduction in time to virus elimination, a reduction in hospital stay, a clinical recovery rate of more than 43%, and survival rates of more than 83%. However, UK researchers advise against approving the use of ivermectin until further studies are conducted.” (deepl.com translated)
https://www.ilparagone.it/attualita/diminuisce-la-mortalita-dell83-covid-la-scoperta-inglese-sul-farmaco-che-potrebbe-mandare-in-pensione-il-vaccino/
The same old story:
“However, UK researchers advise against approving the use of ivermectin until further studies are conducted.”
Here is one testimony from the faux grand jury day 5. The viewers are regarded as the grand jury in these presentations. Day 5 participants presented evidence that covid was a cover for imminent financial crisis. There was detailed testimony about the nature of technocracy which apparently has a very long history previous to even the bilderburg group and trilateral commission and why technocracy is not compatible with bodily autonomy or private ownership in its very basis. The whole thing had value but is four hours. This was the best testimonial IMO although the one before it was unique in its presentation of the long history of technocracy. 30 minutes. All presenters agreed that there is no way out of the current government debt levels in the USA or pension obligations in Europe. All presenters asserted that the “pandemic: and inoculations had their roots in a unavoidable financial crisis in a near to intermediate time frame( 0-5 years) and that technocracy forces represented by the WEF at the present time wished to use that in implementing a technocratic “you will own nothing and be happy” totalitarian society. The 4 hour version had brief testimonials from individuals severely effected by the inoculations and those testimonials saddened me greatly. The full 4 hour version of grand jury session 5 can also be found on bitchute. There appears to be some shenanigans occurring on bitchute and it is best to select the “all” rather than the default “popular” tab.
https://www.bitchute.com/video/fjbgg93A1qJh/
To Arnoldo Perez’s surprise, the pipes that carry water into his Elizabeth home are made of hazardous lead, according to his water provider’s interactive map.
“You’re trusting these people, and I use this water to cook and everything,” Perez told Dias.
He’s been raising his family using this water since he bought the home five years ago.
“I live with three kids here and my wife, and it’s bad,” he said.
His household is likely one of the 180,000 homes the New Jersey Department of Environmental Protection will send certified letters, explaining a lead service line transports water into their home.
“Durable and flexible, lead was historically used as water service line material. However in 1987, the federal government banned lead in solders, faucets and pipes,” DEP environmental specialist Brandon Carreno explained. “It had been discovered that long term exposure to lead was connected to multiple negative health effects, like behavior problems, kidney damage, anemia and low birth weight.”
Legislation passed in July requires water providers to replace the lines within 10 years. However, many home owners are concerned a simple letter won’t have the answers.
CBS news.com
My city is replacing water pipes for years and the Fed is paying for it for the most part.
This is a silent crisis
norm’s water pipes are also lead… then factor in the Boosters … and you have.. well … you have what you see on OFW….
yup
keeping lead in your pencil is critical eddy
dunno where i’d be without it
you should try it sometime
I like it when you two get along pleasantly. Always brings me a smile.
we also have a video link so we can do online arm wrestling
he always loses, but accepts it with a smile.
You should have listened to the teacher when she said ‘norm – stop chewing your pencil — you’ll end up brain dead’
The lead pipes are not a certain hazard depending on if the water treatment system is operated properly – just as a lead bullet is not lethal until fired – lead in pipes will not migrate out of the pipes if contained by a proper coating. Proper water treatment will “balance” the water such that a protective coating of calcium & magniesium carbonates will coat and be maintained on the inside of the pipe so that the lead does not contact the water – if too much hardness or alkalinity to be extra safe and then the pipes become clogged with carbonates (thus need to repipe homes periodically) too little hardness or unadjusted acidic water & and the coating is dissolved over time exposing and releasing lead into the water. At the time of installation lead pipes were the economical and safest technology available; engineers and operators were or should have been well aware of the risks and tradeoffs. All materials have their upside and downside – must understand the risks and work within them – tradeoff economics vs risk.
The problem in Flint Michigan occured because the source of water was changed and the treatment operations were not modified to account for difference in source water chemistry I believe operators wanted to fix – small additional budget request for extra treatment chemicals were denied by unqualified political superiors – complexity and change meets incompetency results in problems for the unaware.
The stage may be set a major ‘off’.
> Ukraine crisis live: fears of wider invasion as Russia recognises expanded borders of Donetsk and Luhansk
https://www.theguardian.com/world/live/2022/feb/22/ukraine-russia-latest-live-news-updates-crisis-putin-biden-zelenskiy-kyiv-kiev-russian-invasion-border-threat
Angst at the WashPo about what may come next and whether Washington is prepared for it. Donetsk could foreshadow major changes to the geopolitical world order.
‘The world is a flux and all things in it’ – and that includes the geopolitical order/ status quo, as countries compete, and develop strategies, to advance their interests. ‘All order is will to power – and disorder is a means to that.’ That is simply how the real world works.
https://www.washingtonpost.com/opinions/2022/02/21/ukraine-invasion-putin-goals-what-expect/
> Opinion: What we can expect after Putin’s conquest of Ukraine
Let’s assume for a moment that Vladimir Putin succeeds in gaining full control of Ukraine, as he shows every intention of doing. What are the strategic and geopolitical consequences?
The first will be a new front line of conflict in Central Europe. Until now, Russian forces could deploy only as far as Ukraine’s eastern border, several hundred miles from Poland and other NATO countries to Ukraine’s west. When the Russians complete their operation, they will be able to station forces — land, air and missile — in bases in western Ukraine as well as Belarus, which has effectively become a Russian satrapy.
Russian forces will thus be arrayed along Poland’s entire 650-mile eastern border, as well as along the eastern borders of Slovakia and Hungary and the northern border of Romania. (Moldova will likely be brought under Russian control, too, when Russian troops are able to form a land bridge from Crimea to Moldova’s breakaway province of Transnistria.) Russia without Ukraine is, as former secretary of state Dean Acheson once said of the Soviet Union, “Upper Volta with rockets.” Russia with Ukraine is a different strategic animal entirely.
The most immediate threat will be to the Baltic states. Russia already borders Estonia and Latvia directly and touches Lithuania through Belarus and through its outpost in Kaliningrad. Even before the invasion, some questioned whether NATO could actually defend its Baltic members from a Russian attack. Once Russia has completed its conquest of Ukraine, that question will acquire new urgency.
One likely flash point will be Kaliningrad. The headquarters of the Russian Baltic Fleet, this city and its surrounding territory were cut off from the rest of Russia when the Soviet Union broke up. Since then, Russians have been able to access Kaliningrad only through Poland and Lithuania. Expect a Russian demand for a direct corridor that would put strips of the countries under Russian control. But even that would be just one piece of what is sure to be a new Russian strategy to delink the Baltics from NATO by demonstrating that the alliance cannot any longer hope to protect those countries.
Indeed, with Poland, Hungary and five other NATO members sharing a border with a new, expanded Russia, the ability of the United States and NATO to defend the alliance’s eastern flank will be seriously diminished.
The new situation could force a significant adjustment in the meaning and purpose of the alliance. Putin has been clear about his goals: He wants to reestablish Russia’s traditional sphere of influence in Eastern and Central Europe. Some are willing to concede as much, but it is worth recalling that when the Russian empire was at its height, Poland did not exist as a country; the Baltics were imperial holdings; and southeastern Europe was contested with Austria and Germany. During the Soviet period, the nations of the Warsaw Pact, despite the occasional rebellion, were effectively run from Moscow.
Today, Putin seeks at the very least a two-tier NATO, in which no allied forces are deployed on former Warsaw Pact territory. The inevitable negotiations over this and other elements of a new European security “architecture” would be conducted with Russian forces poised all along NATO’s eastern borders and therefore amid real uncertainty about NATO’s ability to resist Putin’s demands.
This takes place, moreover, as China threatens to upend the strategic balance in East Asia, perhaps with an attack of some kind against Taiwan. From a strategic point of view, Taiwan can either be a major obstacle to Chinese regional hegemony, as it is now; or it can be the first big step toward Chinese military dominance in East Asia and the Western Pacific, as it would be after a takeover, peaceful or otherwise. Were Beijing somehow able to force the Taiwanese to accept Chinese sovereignty, the rest of Asia would panic and look to the United States for help.
These simultaneous strategic challenges in two distant theaters are reminiscent of the 1930s, when Germany and Japan sought to overturn the existing order in their respective regions. They were never true allies, did not trust each other and did not directly coordinate their strategies. Nevertheless, each benefited from the other’s actions. Germany’s advances in Europe emboldened the Japanese to take greater risks in East Asia; Japan’s advances gave Adolf Hitler confidence that a distracted United States would not risk a two-front conflict.
Today, it should be obvious to Xi Jinping that the United States has its hands full in Europe. Whatever his calculus before Russia’s invasion of Ukraine, he can conclude only that his chances of successfully pulling something off, either in Taiwan or the South China Sea, have gone up. While some argue that U.S. policies drove Moscow and Beijing together, it is really their shared desire to disrupt the international order that creates a common interest.
Long ago, American defense strategy was premised on the possibility of such a two-front conflict. But since the early 1990s, the United States has gradually dismantled that force. The two-war doctrine was whittled down and then officially abandoned in the 2012 defense policy guidance. Whether that trend will be reversed and defense spending increased now that the United States genuinely faces a two-theater crisis remains to be seen. But it is time to start imagining a world where Russia effectively controls much of Eastern Europe and China controls much of East Asia and the Western Pacific. Americans and their democratic allies in Europe and Asia will have to decide, again, whether that world is tolerable.
If Putin says “jump,” the rest of the world needs to say, “How high?”
correct. but I also quibble with the article. Granted it is not good having nuclear tipped missiles 300 km from Peterburg, and so at some point Russia will have to enter Estonia. But what can possibly interest Russia in the baltic countries, Poland, or Romania, except no missiles? they have no resources, and Russia spent five decades or more subsidizing them. donbas is already a big economic loss. Of course the US knows all this, and they put missiles there precisely to create war. so I agree the war will expand, but the end game is solely disarming.
Unless ‘policy’ has changed?
“By the time you got to the first Bush administration, after the collapse of the Soviet Union, they came out with a national defense policy and strategic policy. What they basically said is that we’re going to have wars against what they called much weaker enemies and these have to be carried out quickly and decisively or else there will be embarrassment—a way of saying that popular reaction is going to set in. And that’s the way it’s been. It’s not pretty, but it’s some kind of constraint.”
https://www.nakedcapitalism.com/2018/03/noam-chomsky-populist-groundswell-u-s-elections-future-humanity.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
Russia has about as much use for most of Ukraine – a failed state – as it does for say Afghanistan.
Best site on Russia and Ukraine http://www.thesaker.is
Very well said.
The WaPo people and others in DC suffer from willful destruction of the US education system.
Oh dear, the government’s ‘green’ credentials are based on ‘lies, damn lies, and statistics’?
https://www.spiked-online.com/2022/02/22/the-green-industrial-revolution-is-a-lie/
> The green industrial revolution is a lie
The UK’s green sector has not grown in nearly a decade.
The Office for National Statistics (ONS) published data earlier this month which showed that the UK’s ‘low-carbon and renewable-energy economy’ (LCREE) had not grown significantly between 2014 and 2020. This performance is a far cry from the promises of plentiful ‘green jobs’ and a ‘green industrial revolution’ that have echoed around Westminster for the past decade and more. It turns out that the much heralded green growth was nothing more than mould.
This news should surprise no one. As I have argued elsewhere on spiked, the green industrial revolution is a lie. Since the 2008 Climate Change Act, successive governments have embraced the fantasy of leading the world in the ‘transition’ to a low-carbon economy. And it’s all been to no avail. The rest of the world continues to increase its consumption of fossil fuels despite endless COP meetings, and Britain’s green industrial revolution stubbornly fails to materialise.
Back in 2009, the then Labour government, led by Gordon Brown, claimed the green economy was already thriving. He promised to add 400,000 new ‘green jobs’, taking the total number of people working in the green sector to 1.3million. These claims were based on proprietary data produced by an economic research company, which refused to share its data, as did the government even after freedom-of-information requests.
Even without access to the data, I was already able to point out in 2009 that growth in the ‘green economy’ is an illusion – or better still, an accountancy trick. The government was effectively compelling sectors of the economy, through a variety of green regulations, to ‘decarbonise’ their operations. It was then adding said sectors to the green economy and so the green economy appeared to be growing. This was happening even when the sectors in question had been harmed and diminished by the new regulations.
It took me until 2013 to obtain the data on which successive governments were basing their figures, policies and predictions. By then, it was being claimed that the ‘green economy’ was worth £122 billion. But it had only reached this size because the figure included sectors of the economy that simply do not qualify as ‘green’ in any meaningful sense. It even included the production, transportation and sale of liquefied natural gas and liquefied petroleum gas – otherwise known as fossil fuels – merely because such businesses were now subject to environmental regulation. My analysis at the time suggested that through such tricks, the government’s financial wizards had inflated the value of the ‘green economy’ by something in the region of 700 per cent.
In 2014, the ONS took responsibility for the annual measurements of LCREE sectors. Since then, the ONS has found ‘no significant change’ in ‘turnover in the UK low-carbon and renewable-energy economy’ (up to 2020). It also found that ’employment in the UK LCREE (in 2020) was estimated to be 207,800′ – that is 1,092,200 short of the number of jobs Gordon Brown had promised to create by 2017.
This is hardly the stuff of a green industrial revolution. Nevertheless, the drive to decarbonise the economy, pursued now in the shape of Net Zero, has continued to inform successive governments’ industrial and economic policy. Ministers still insist that decarbonisation presents a major economic ‘opportunity’ for the UK
The green dream threatens to turn into a nightmare the longer its advocates refuse to wake up to its manifest failure. That it has failed is no surprise. In truth, Britain did not even have sufficient industrial prowess to recycle its own waste plastic, let alone to become a world leader in producing wind turbines and solar panels. And environmentalism always was, at its core, hostile to both industry and economic growth.
There never was a green economy, nor a green industrial revolution to support it. The only sense in which this green economy existed was as a parasitic growth on other sectors’ vitality. It was never the source of real wealth creation itself.
Today we face rising inflation, a cost-of-living crisis and an energy crisis – all of which have been exacerbated by successive governments’ green fantasies. Waiting for the green dream to come true now runs the risk of doing very serious harm.
Every government needs a “growth” story to tell, even if it is a fairy tale.
Is by ideological bias (a Malthusian one shared by the Club of Rome) or by irrational fear, that nuclear is not even mention? This should be the logical, economical, and environmental choice to face fossil fuel depletion. France, which produced 1/10 CO2 than Germany for half the price, got his electricity from Nuclear and Hydro, whereas Germany choose the ‘green’ way of closing nuclear to embrace costly eolian and solar energy.. and more carbon and natural gaz!! (well, in France’s electricity price did go up for the insane policy of the common European market which forced EDF to sell cheap nuclear electricity to speculators that jacked up the price in order to create competition that is supposed to lower price… a long story short of ideological folly). And it could be fast: after the oil shock in the 70s, it built 58 reactors in 25 years. Besides, there is many novelties going on, from small modular reactors, breeder one, the Chinese developed the pebble one which physically can’t explode, etc. Many former’s anti-nuclear environmental activists go for it now, for even including big nuclear accident (and no poorly design Chernobyl type of reactor, without even a concrete protection is building anymore) produced much less death per energy produced than all the fossils and hydro energy types. No having energy is the deadliest policy; just look all the living standard indicators in poor energy per capita in Haiti vs higher energy per capita in Spain, for example.
I didn’t try to talk about nuclear in this post. I had to many other things to discuss.
Closing down properly maintained nuclear power stations seems crazy to me, but the incredibly strange pricing arrangement for wind and solar tends to lower the wholesale price for which nuclear energy is sold. This make nuclear energy unprofitable, and the owners want to close down the nuclear power plants. This seems to be a major reason why nuclear is being closed down.
I am sure that there are other issues well. If nuclear power plants have not been well maintained, the accumulated deferred maintenance may make them unsafe. If speculators own the nuclear power plants, this becomes an issue.
Building new nuclear power plants involves several questions:
(1) Will crazy pricing schemes for wind and solar drive the new nuclear out of business, as well. If so, there is no point in building new nuclear.
(2) How well protected does the nuclear power plant need to be? The price of new nuclear can be very high, if unreasonable standards are built in.
(3) Will there really be uranium to power the new generating station, for the 60 to 80 year lifetime of the fuel? The amount of easily mined uranium available falls, just as the amount of easily extracted fossil fuels falls. There are some reprocessing plants, but these are complex plants that may not be sustainable, either.
(4) Can the electric grid be maintained? This is a major issue. In the US, grid maintenance has been neglected. Adding wind and solar makes the grid less and less reliable. If the grid cannot be maintained (maintenance requires oil, not electricity), then there is no way to ship the electricity to businesses and homes.
(5) To show some of the things that go wrong, this link tells the sad story of the slow building progress on the new Vogtle reactors being built near where I live. In fact, my family is one of many that is paying, in advance, for these reactors. The finish date keeps being pushed forward.
https://www.ajc.com/news/business/how-georgia-nuclear-projects-big-finish-went-so-wrong/NWPE4XPG6NC5JJTMYTVJK4W2NQ/
Indeed, a refinery explosion in New Orleans on Monday morning is threatening to hasten that rise in gasoline prices, as gasoline supplies could find themselves even more constrained.
The explosion shook homes and could be heard for miles.
Marathon Petroleum Corp’s oil refinery in Garyville, Louisiana, is one of the nation’s largest refineries and a major supplier of gasoline and diesel. It has a capacity of 578,000 barrels per day.
10% of that region’s refining capacity is already idle for repairs, according to Bloomberg.
By Julianne Geiger for Oilprice.com
Hold on to your wallet ☺️…because it’s going to get real ugly…real soon…
Best get ready for some rationing…odd, even days ect based on plate number…
Believe back in the gas crisis of the early 70s there was only a shortage of say 5% and it caused supply restrictions…
Went out yesterday here in S Florida and trotted for 9 miles and felt real 👍😊
That’s with getting double Pfizer jabbed…
Think it’s because I have 0- negative type blood, ect
Oh, there was a story of a man in SE Asis that escaped from being a captive by a gang selling his 0 negative blood! Almost died from being scked dry…
Signs of the things to come
Not much spare capacity anymore, unfortunately.
If your pregnant even in first trimester might want to avoid Australia protests.
https://www.bitchute.com/video/e4FliwmdDKpX/
MICROWAVE WEAPONS OF THE AUSTRALIAN POLICE ARE USED against Australian protestors.
It’s measuring EMF levels in a shopping mall, not at the protest. Canberra would have a lot of 5G. I’ve seen videos from other countries with high EMF readings in the vicinity of 5G towers.
I’ve also seen analyses of 5G rollout vs COVID hotspots. High correlation but not 100%.
EMF is a carcinogen. Used to be type 2, upgraded to type 1 a few years ago.
All part of the toxic soup we live in. Deliberate or not?
That little Ottawa thing doesnt appear quite mopped up just yet.
https://www.bitchute.com/video/dG7WyiNbSVCh/
Harvard economist and former Obama advisor says Russia is ‘basically a big gas station’ and is otherwise ‘incredibly unimportant’ in the global economy
Matthew Loh Feb 21, 2022, 10:57 PM
Russia’s President Vladimir Putin signed decrees to recognize the independence of Donetsk and Luhansk. Moscow ordered troops into these areas on Monday, escalating the prospect of war between Russia and Ukraine. Alexei Nikolsky/TASS via Getty Images
Jason Furman said Russia’s economy is “unimportant” other than gas, The New York Times reported.
His comments come as the US and Europe prepare heavy sanctions on Russia if it invades Ukraine.
But there are concerns that their plans to punish Moscow will penalize the rest of the world too.
Russia’s economy is “incredibly unimportant in the global economy except for oil and gas,” Jason Furman, a Harvard economist and former advisor to President Barack Obama, told The New York Times.
“It’s basically a big gas station,” he said.
The European Union imports about 80% of the natural gas it uses, according to the US Energy Information Administration, and Russia accounts for 41% of the natural gas imports and 27% of the oil imports in the continent, according to Eurostat.
Compounded with energy prices in the EU surging from 20 euros to 180 euros a megawatt-hour over the past year, the disappearance of those gas and oil imports could spell disaster for the region and the interconnected global economy. Meanwhile, in the US, gas prices have hit a seven-year high, climbing to about $3.50 per gallon on average, while inflation over the past year has grown at its highest rate in 40 years, at 7.5%.
Business Insider
Everywhere I’m reading about Putin’s actions as being a madman, trying to resurrect the old Soviet Unions and other such ideas that make sense at first glance.
What are the odds these are part of the opening act of the Peak Oil Resource wars? Is that thought overthinking it?
For a very measured perspective from a Russian’s view point… check ClubOrlov couple of most recent posts on how this appears to be playing out.
Full text of both here:
https://thesaker.is/
This is a direct link to one of them, dated today:
https://thesaker.is/the-day-russias-patience-ran-out/
It sounds like Russia now realizes that it has the power to claim what it considers rightfully belonging to it.
It would be quite the spectacle to see NATO governments retreat with their tails between their legs (again – Afghanistan, Syria &c.)
But I suspect that NATO will just keep digging at the hole that they are digging around themselves – which is perhaps not the best metaphor, as holes can be cosier places than more exposed places, and none of us really remembers how winter after winter ‘bites’ without fossil fuels.
‘Pride before a fall’? And that would make the world all the more dangerous a place.
The best outcome for most of us in Europe, at least in the short term, would be for NATO to totally capitulate on the/ Ukraine – and the sooner the better. NATO governments in Europe are going to find astronomical energy prices next winter to be a ‘difficult sell’ to voters.
Hopefully there will be some elections coming up and some parties that are willing to make some noise about it. Otherwise it is liable to get very cold up here. But the NATO states have largely got the parties under control – which may open up some new niches for new ones (and possibly new problems with that).
An even more ironic metaphor on the Guardian site.
> The US embassy in Kyiv tweeted support to the German chancellor, Olaf Scholz, about his decision to freeze Nord Stream 2, the controversial natural gas pipeline that would link Germany to Russia.
Thanks Gail for the specification of the article, which is very interesting.
Then I agree with comment express by Mirror.
I think they are ready to ruin everything and die in order to kill the ‘enemy’.
It reminds me the ‘Old Testament’ passage about Sanson which I wouldn’t like to translate in the wrong way, so I add this link (considering of course that Nato thinks to be right..), maybe someone can tell me the correct English translation for that.
https://www.scuolissima.com/2018/08/muoia-sansone-con-tutti-i-filistei.html
It is not right for the ruble to keep falling relative to the US dollar. Russia would like to show the world that it is really in charge.
Wikipedia tells the Old Testament story of Samson as follows:
I found the correct translation, the passage is:
Samson said, “Let me die with the Philistines!”
Thank you.
Any summary you can give re: Putin’s actions and how they may relate to Peak oil? He has a ton of posts and a lot of them are behind paywall
Russia has oil and gas, and a fair amount of coal, all for export. Europe is in terrible shape, with respect to coal, oil and natural gas.
Europe is currently importing a large amount of oil and natural gas from Europe. If NATO and the US doesn’t just give in to Russia’s demands with respect to parts of Ukraine, Russia can make sure that Europe will freeze in the dark. Russia has customers in Asia that it can sell if oil and gas to. It doesn’t need Europe as customers.
If EU and US insist Russia can just sell to China, Korea, Japan, Indonesia, India. No loss for Russia.
The terrible shape Europe and the UK are in – from energy to soil quality, social decay, etc – is the penalty for earlier industrial over-expansion and empire – and the failure to acknowledge their predicament.
It is almost like saying in the period before the industrial revolution that forests were irrelevant with the exception of wood…
The heart is basically unimportant except to move blood.
Europe will freeze in the dark, if it (plus the US) doesn’t give in to Russia’s demands.
Imagine if the power went off right now — permanently.
War game that out in your minds folks… what would happen
You mena “printing” more money? It is the only demand I can see.
“mean”, of course.
With oil going from $75 to $97 in 3 months I am not seeing the increase in gasoline prices in the U.s. when will thAt be and how much will it go up? The Fed may not need to raise interest rates; that will crash the markets alone just like in 2008
It may take a little longer, if buyers of oil have hedged the price at which they are buying oil products.
You are right though, some of the higher cost may be hard to pass on to customers.
Germany decides to halt certification of the Nord Stream 2 pipeline. Cold days ahead if they don’t want to pay double the price.
https://www.zerohedge.com/energy/germany-halts-nord-stream-2-major-sign-impending-russia-sanctions-will-be-tough
“…Likely this first wave is only the very beginning of multiple waves of sanctions to come; however, hawks are already decrying these as too softened and easy for Moscow to endure…”
Moscow to endure? No problems for Europe of course. The UK is stuffed.
How is Spain in relationship to that? Their gas is coming from Algeria?
Some gas comes from Algeria. Algeria is having trouble maintaining its exports. But Spain is a long way from the Russian pipeline. Russia comes in fourth in the quantity of imports.
https://www.statista.com/statistics/1230118/natural-gas-imports-by-country-of-origin-spain/
Statistica says:
In 2021, Spain imported approximately 178 terawatt hours of natural gas from Algeria, 60 terawatt hours from the United States, and 48 terawatt hours from Nigeria. In that same year, Spain’s total natural gas imports reached approximately 416 terawatt hours.
Russia came in fourth. It imported 37 terawatt hours from Russia in 2021.
2/22/2022. Anyone who’s Birthday today
https://m.youtube.com/watch?v=MjF1bG5LUcs
Happy Birthday to You..
The Beatles
Herbie, this is a quote for something ? Because it is live in Moscow 2003….
No need, it is clear 🙂
But ITS MY BIRTHDAY 🎉🎁
Yes, It’s Paul doing a concert in Moscow with his band!
Everybody have a good Time…still BAU for now.. tomorrow!?
PS …I’m 64 today..!!
https://m.youtube.com/watch?v=RH6WN8rGBew
Another video from the FAB 4! When I’m 64
Oh my, where did the time go?
All together now: ‘Will you still need me, will you still feed me
When I’m sixty-four?’
Fantastic. Thanks. And congratulations.
🎉🤪🤩thanks!
Good Day Everyone!
All together now: ‘ahhh, ahhh, AHHHH!’
Their performance of this one makes me want to scream hysterically too! (Well, nearly, ahem.)
Happy Birthday ! All the best
Thanks 👍..02/22/0022
Angel 💓😇 Day….but me no Saint…haha
Many happy returns. I think when the Beatles ‘When I’m 64’ was written back in the day, 64 yo was considered old-ish. But now, 64 yo is considered young-ish.
We increasingly have older leaders, for example.
But do we still need them?
Should we still feed them?
Congrats, Herbie!
I hope to be joining you in November.
From the New Normal cover version by Klaus Schwab, I take it?
Accomplishing another year means a lot more today than it did in 2019, given the assault on us which is underway.
And of course that Collapse Cliff ready to fall on our heads……
Every Day a Victory, Comrades!
As it stands, we here in Europe should all invest in enough long underwear until next winter.
All Brits know where they can get their warm knickers from.
As the advert sort of goes: ‘These are not just knickers… they are M & S knickers.’
https://www.marksandspencer.com/l/men/mens-underwear/mens-thermal-underwear
The sexy world of the ‘Damart’ thermal underwear catalogue beckons…….if they are still around?
You are in luck.
https://www.damart.co.uk/C-178504-thermals
Energy prices surge on Ukraine with oil closing in on US$100
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized on Monday.
European natural gas led gains in commodities, jumping as much as 13 per cent. Brent oil was closing in on US$100 a barrel, and German power and coal prices rose. Russia’s move is a dramatic escalation in its standoff with the West over Ukraine, with the U.S. and the U.K. saying they plan to announce new sanctions as soon as Tuesday.
Dutch gas futures, a European benchmark, were 5.9 per cent higher at 76.85 euros a megawatt-hour by 10:43 a.m. in Amsterdam. Brent crude jumped to a high of US$99.50 a barrel. German power for next year increased as much as 3.8 per cent and European coal rose 4.4 per cent.
https://www.bnnbloomberg.ca/european-gas-surges-as-putin-orders-forces-to-separatist-areas-1.1726674
Higher oil prices are, of course, helpful to Russia and to all oil producers. They increase the likelihood that central banks will want to raise interest rates, however.