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Russia’s attack on Ukraine represents a demand for a new world order that, over the long term, will support higher prices for fossil fuels, especially oil. Such an economy would probably be centered on Russia and China. The rest of the world economy, to the extent that it continues to exist, will largely have to get along without fossil fuels, other than the fossil fuels that countries continue to produce for themselves. Population and living standards will fall in most of the world.
If a Russia-and-China-centric economy can be developed, the US dollar will no longer be the world’s reserve currency. Trade will be in the currency of the new Russia-China block. Outside of this block, local currencies will play a dominant role. Most of today’s debt will ultimately be defaulted upon; to the extent that this debt is replaced, it will be replaced with debt in local currencies.
As I see the situation, the underlying problem is the fact that, on a world basis, energy consumption per capita is shrinking. Energy consumption is essential for creating goods and services.
The shrinking amount of energy per person means that, on average, fewer and fewer finished goods and services can be produced for each person. Some countries do better than average; others do worse. With low fossil fuel prices, Russia has been faring worse than average; it wants to remedy the situation with long-term higher energy prices. If Russia can start transferring its energy exports to China, perhaps the new Russia-China economy, with limited support from the rest of the world, can afford to pay Russia the high prices for fossil fuels that Russia requires to maintain its economy.
In this post, I will try to explain what I see is happening.
[1] It appears that Russia now fears that it is near collapse, not too different from the collapse of the central government of the Soviet Union in 1991. Such a collapse would lead to a huge drop in Russia’s living standards, even from today’s relatively low level.
If we look back at the Soviet Union’s energy consumption, we see a strange pattern. The Soviet Union’s energy consumption rose rapidly in the period after World War II. It became a military rival of the US, as its energy consumption grew in the 1965 to 1985 period. Its energy consumption leveled off before the central government collapsed in 1991. In fact, energy consumption has never gotten back to its level in the late 1980s.
[2] The thing that seems to have been behind the 1991 collapse is the same thing that seems to be behind Russia’s current fear of collapse: continued low oil prices.
When we look back at inflation-adjusted oil prices, we see that a long period of low prices preceded this collapse. These low prices were harmful in many ways. They reduced funds for reinvestment, which led to the collapse in oil supply. They reduced the funds available to pay wages. They also reduced the tax revenue that the Soviet Union could collect.
I believe that these chronically low oil prices ultimately brought down the top layer of the government of the Soviet Union. This is because of the physics of the situation. It takes energy to provide the services of the top level of the government. As the total energy that could be purchased by the system fell because of low prices received for exports, it became impossible to support this top level of governmental services. This top layer was less essential than the lower levels of government, so it fell away.
In recent times, there has also been a long period of low prices, since about 2013:
Unless this pattern of low prices can be reversed quickly, Russia as a political entity could collapse. Exports of all of the goods it now produces would likely fall.
[3] While oil prices depend on “supply and demand,” as a practical matter, demand is very dependent on interest rates and debt levels. The higher the debt level and the lower the interest rate, the higher the price of oil can rise.
If we look back at Figure 4, we can see that before the US subprime housing bubble popped in 2008, inflation-adjusted oil prices were able to rise to $157 per barrel, adjusted to the 2020 price level. Once the debt bubble popped, inflation-adjusted oil prices fell to $49 per barrel. It was at this low point (and correspondingly low prices for many other commodities) that the US started its program of Quantitative Easing (QE) to lower interest rates.
After two years of QE, oil prices were back above $140 per barrel, in inflation-adjusted prices, but these soon started sliding down. By the time oil prices dropped to $120 per barrel, oil companies started to complain that prices were falling too low to meet all of their needs, including the need to drill in ever less productive areas. Now we are at a point where interest rates are about as low as they can go. Short-term interest rates are near zero, which is where they were in the late 1930s.
The quantity of funds in people’s checking and savings accounts is at an extraordinarily high level, as well. This is partly because of the availability of debt at these low interest rates.
Thus, even before the Ukrainian invasion, oil prices were raised about as high as they could go, through low interest rates and generous debt availability. With all this stimulus, Brent Spot Oil prices averaged $86.51 in January 2022. Even now, with all the disruption of the attack by Russia against Ukraine, oil prices are below the $120 threshold that producers seem to need. This price issue, plus the corresponding low-price issues for natural gas and coal, is the problem that Russia is concerned about.
Prices for imported coal and natural gas have bounced very high in the last few months, but no one expects these high prices to last. For one thing, they are too high for the European manufacturers that use imported coal or natural gas to stay in business. For example, producers that create urea fertilizer using natural gas find that the price of fertilizer produced in this way is way too high for farmers to afford. For another, the electricity produced by burning the high-priced natural gas or coal tends to be too expensive for European households to afford.
[4] The fundamental problem behind recent low oil prices is the fact that the current mix of consumers cannot afford goods and services produced using the high oil prices that producers, such as Russia, need to operate, pay high enough wages, and do adequate reinvestment.
When the price of oil was very low, back before 1970 (see Figure 3), it was relatively easy for consumers to afford goods and services made with oil. This was the period when the world economy was growing rapidly, and many people could afford to purchase automobiles and buy the oil products needed to operate them.
Once the cost of oil extraction started rising because of depletion, it became more and more difficult to keep prices both:
- High enough for oil producers, such as Russia, and
- Low enough to make affordable goods for consumers, as was possible prior to 1970
To try to hide the increasingly difficult problem of keeping prices both high enough for producers and low enough for consumers, central banks have lowered interest rates and encouraged the use of more debt. The idea is that if a person can buy a fuel-efficient car at a low enough interest rate and over a long enough term, perhaps this will make the vehicle more affordable. Similarly, interest rates on home mortgages have fallen to very low levels. All of this, plus the fact that debt is used to finance new factories and mines, leads to the relationship we saw in Figure 4 between oil prices and debt availability, related to interest rates.
[5] No one knows precisely how much oil, coal and natural gas can be extracted because the quantity that can be extracted depends on the extent of the price rise that can be tolerated without plunging the economy into recession.
If prices of these fossil fuels can rise very high (say, $300 per barrel for oil, and correspondingly high prices for other fossil fuels), a huge amount of fossil fuel can be extracted. Conversely, if energy prices cannot stay above the equivalent of $80 per barrel oil for very long without a serious recession, then we may already be very close to the end of available fossil fuel extraction. Both oil and gas producers and coal producers can be expected to go out of business because prices do not leave a sufficient margin for the required investment in new fields to offset the depletion of existing fields. Renewables will falter, as well, because both building and maintaining renewables requires fossil fuels.
The amount of resources of any kind (fossil fuels and minerals such as lithium, uranium, copper and zinc) that can be extracted depends upon the extent of depletion that the economy can tolerate. Depletion of any kind of resource means that a bigger effort (more workers, more machinery, more energy products) is required to extract a given quantity of each resource. It is clear that the entire economy cannot be transferred to the extraction of fossil fuels and mineral resources. For example, some workers and resources are needed for growing and transporting food. This puts a limit on how much depletion can be tolerated.
What Russia (as well as every other oil producer) would like is a way to get the tolerable oil price up significantly higher, for example, to $150 per barrel, so that more oil can be extracted. The hope is that a Russia-and-China-centric economy might be able to do this. Ideally, the tolerable maximum price for coal and natural gas would rise, as well.
[6] Europe, in particular, cannot afford high oil prices. If interest rates are increased soon, this will make the problem even worse. China seems to have definite advantages as an economic partner.
Europe is already having difficulty tolerating very high prices of imported natural gas and coal. Rising oil prices will add even more stress. Central banks are planning to raise interest rates. These higher interest rates will make loan payments more expensive. These higher interest rates will tend to push Europe’s economy further toward recession.
Given the problems with Europe as an energy importer, China would seem to have the possibility of being a better customer that can perhaps tolerate higher prices. For one thing, China is more efficient in its use of energy products than Europe. For example, many homes in the southern half of China are not heated in winter. People instead dress warmly inside their homes in winter. Also, homes and businesses in northern China are sometimes heated with waste heat from nearby coal-fired electricity plants. This is a very efficient approach to heating.
China also uses more coal in its energy mix than Europe. Historically, coal has been much less expensive than oil. What is needed is a low average price of energy. A small amount of high-priced oil can be tolerated in an economy that uses mostly coal in its energy mix. When all costs are counted, wind and solar are very high-priced energy sources, which contributes to Europe’s problems.
In recent years, China’s consumption of energy products has been growing very rapidly. Perhaps, in the view of Russia, China can use high-priced fossil fuel better than other parts of the world.
[7] Russia realized that the rest of the world is utterly dependent upon its fossil fuel exports. Because of this dependency, as well as the physics-based connection between the burning of fossil fuels and the making of finished goods and services, Russia holds huge power over the world economy.
The world economy should have known about the importance of fossil fuels and the likelihood that the world economy would face depletion issues in the first half of the 21st century, ever since a speech by Rear Admiral Hyman Rickover in 1957. In this speech, Rickover said,
We live in what historians may someday call the Fossil Fuel Age. . .With high energy consumption goes a high standard of living. . . A reduction of per capita energy consumption has always in the past led to a decline in civilization and a reversion to a more primitive way of life.
Current estimates of fossil fuel reserves vary to an astonishing degree. In part this is because the results differ greatly if cost of extraction is disregarded or if in calculating how long reserves will last, population growth is not taken into consideration; or, equally important, not enough weight is given to increased fuel consumption required to process inferior or substitute metals. We are rapidly approaching the time when exhaustion of better grade metals will force us to turn to poorer grades requiring in most cases greater expenditure of energy per unit of metal.
. . . it is an unpleasant fact that according to our best estimates, total fossil fuel reserves recoverable at not over twice today’s unit cost are likely to run out at sometime between the years 2000 and 2050, if present standards of living and population growth rates are taken into account.
I suggest that this is a good time to think soberly about our responsibilities to our descendants – those who will ring out the Fossil Fuel Age. Our greatest responsibility, as parents and as citizens, is to give America’s youngsters the best possible education [including the energy problem of a world with finite resources].
Many people today would conclude that world leaders have done their best to ignore this advice. The likely problem with fossil fuels has been hidden behind an imaginative, but false, narrative that our biggest problem is climate change caused primarily by fossil fuel extraction that can be expected to extend until at least 2100, unless positive steps are made to hold back this extraction.
In this false narrative, all the world needs to do is to move to wind and solar for its energy needs. As I discussed in my most recent post, titled Limits to Green Energy Are Becoming Much Clearer, this narrative of success is completely false. Instead, we seem to be hitting energy limits in the near term because of chronically low prices. Wind and solar are doing very little to help because they cannot be depended upon when needed. Furthermore, the quantity of wind and solar available is far too low to replace fossil fuels.
Few people in America and Europe realize that the world economy is entirely dependent upon Russia’s exports of oil, coal and natural gas. This dependency can be seen in many ways. For example, in 2020, 41% of world natural gas exports came from Russia. Natural gas is especially important for balancing electricity from wind and solar.
North America has historically played only a very small role in natural gas exports; it is questionable whether North America can ramp up its total natural gas production in the future, given the depletion problems being experienced with respect to the extraction of oil and the associated natural gas from shale formations. Continuously high oil prices are necessary to justify ramping up production outside of sweet spots. If drillers consider long-term prospects for oil prices to be too low, the associated natural gas will not be collected.
Europe is especially dependent upon natural gas imports (Figure 9). Its imports of natural gas exceed the exports of Russia and its affiliated countries in the Commonwealth of Independent States, referred to as Russia+ in Figures 8 and 9.
Without the natural gas exports of Russia and its close affiliates, there is no possibility of supplying adequate natural gas exports to the rest of the world.
Diesel fuel, created by refining oil, is another energy product that is in critically short supply, especially in Europe. Diesel fuel is used to power trucks and farm tractors, as well as many European automobiles. An Argus Media report indicates that Russian supplies account for 50% to 60% of Europe’s seaborne imports of diesel and other gasoil, amounting to 4 to 6 million tons of fuel per month. It likely would be impossible to replace these imports, using supplies from elsewhere, without bidding the price of these imported fuels up to a much higher price level than today. Even then, countries outside Europe would be left with inadequate diesel supplies.
[8] Russia’s attack on Ukraine seems to have been made for many reasons.
Russia was clearly frustrated with the current situation, with NATO becoming increasingly assertive within Ukraine itself, even though Ukraine is not itself a NATO member. Russia is also aware that in some sense, it has far more power over the world economy than most people realize because the world economy is utterly dependent on Russia’s fossil fuel exports (Section 7). Sanctions against Russia will likely hurt the countries making the sanctions as much or more than they hurt Russia.
There were also several concerns that were specifically Ukrainian giving rise to the attack on Ukraine. There had been long standing conflicts about natural gas pipelines. Was Ukraine taking too much natural gas out as a transit fee? Was it paying the correct fee for the natural gas it used? Ukraine also seems to have mistreated quite a few Russian-speaking Ukrainians over the years.
Russia has become increasingly frustrated with the small share of the world’s output of goods and services that it receives. The way the economic system works today, those who provide “services” seem to receive a disproportionate share of the world’s output of goods and services. Russia, with its extraction of minerals of many kinds, including fossil fuels, has not been well compensated for the great wealth that it brings to the world as a whole.
Over the years, Russia’s great strength has been its military. Perhaps Ukraine would not be too large a country to do battle over. Russia might be able to eliminate some of its irritations with Ukraine. At the same time, it might be able to make changes that would help to raise what have become chronically low fossil fuel prices. The sanctions that other countries would make would tend to push the required changes along more quickly.
If the sanctions really did push Russia down, the result would tend to push the whole world economy toward collapse, because the rest of the world is extremely dependent upon Russia’s fossil fuel exports. In Figure 1, the laws of physics say that there is a proportional response to the quantity of energy “dissipated”; if a greater output of goods and services is desired, more energy input is required. Efficiency changes can somewhat help, but efficiency savings tend to be offset by the higher energetic needs of the more complex system required to achieve these savings.
If energy prices do not rise high enough, we will somehow need to get along with very little or no fossil fuels. It is doubtful that renewables will last very long either because they depend upon fossil fuels for their maintenance and repair.
[9] If higher energy prices cannot be achieved, there is a significant chance that the change in the world order will be in the direction of pushing the world economy toward collapse.
We are living in a world today with shrinking energy resources per capita. We should be aware that we are reaching the limits of fossil fuels and other minerals that we can extract, unless we can somehow figure out a way to get the economy to tolerate higher prices.
The danger that we are approaching is that the top levels of governments, everywhere in the world, will either collapse or be overthrown by their unhappy citizens. The reduced amounts of energy available will push governments in this way. At the same time, programs such as government-funded pension plans and unemployment plans will disappear. Electricity is likely to become intermittent and then fail completely. International trade will shrink back; economies will become much more local.
We were warned that we would be reaching a time period with serious energy problems about now. The first time came in the 1957 Rickover speech discussed in Section 7. The second warning came from the 1972 book, The Limits to Growth by Donella Meadows and others, which documented a computer modeling approach to the problem of limits of a finite world. The Ukraine invasion may be a push in the direction of more serious energy problems, emerging primarily from the fact that other countries will want to punish Russia. Few people will realize that punishing Russia is a dangerous path; a serious concern is that today’s economy cannot continue in its current form without Russia’s fossil fuel exports.
OM! 2+2=5
The facades have peeled off. There is no longer any pretence of egalitarian values from MS social media. In fact attempting to claim any virtue now is insanity for these platforms.
Hate speech may now be openly expressed on FaceSmash, but only as long as it’s aimed at Russian people, WTH!
Blood lusting, shameless Bigotry. What total disgrace.
Pure reckless hate and fruits of evil karma at work here. Enjoy the misery being birthed into reality today.
This is something that should only ever be read about in history books
The link is to RT.com
https://www.rt.com/news/551666-facebook-allows-violence-russians/
Not sure if the link will work without a VPN in some locations. So some of you folks in the so called free world might need to consider getting one.
If you check back and read about the fall of Roman Empire, it is similar. It rhymes.. The collapse of morality, law and order, free-for-all for politicians and all these just before the barbarians crashed through the gates and deliver the final blow.
There is nothing new here. It has been seen across all old civilization…
Russia’s Default Swaps Signal $40 Billion Pay Day Is Imminent
(Bloomberg) — If the swap market is to be believed, Russia is going to default on foreign debt, and insurance is going to pay out.
Trading on credit-default swaps, used to insure against non-payment, has skyrocketed this week despite the myriad of questions over whether Russia’s plan to repay some foreign bondholders in rubles could ultimately be judged as a default. There are even concerns that international sanctions and existing bond terms could complicate any settlement of the $39.7 billion of outstanding contracts.
And yet, the swaps suggest a record 71% chance of default within one year and 81% within five years, according to ICE Data Services. It costs $5.8 million upfront and $100,000 annually to insure $10 million of Russia’s debt for one year. That compares with about $3.8 million in advance last week up from just $300,000 annually — about 300 basis points — before Russia’s invasion of Ukraine. Credit-default swaps switch to upfront pricing when perceptions of default are imminent.
https://www.bnnbloomberg.ca/russia-s-default-swaps-signal-40-billion-pay-day-is-imminent-1.1735560
“Lavrov in Turkey, no ceasefire. West runs out of options as desperation sets in”
Alexander Mercouri interviewed by Alex Christoforou — interesting and not overtly partisan commentary on what’s going on in Ukraine
Lavrov is an old blind man that does not see the energy decline. Especially for cold countries like Russia and Ukraine.
Mr Lavrov and Mr Putin need some nutrition or medical support for their ageing brains.
Today, I read that they consider nationalizing the assets of the companies that left Russia.
They can. But the result will be poor: Russia needs the technology that is developed and produced in warmer countries. They need to sell oil or natural gas to get that technology and products…
I guess that those who can leave Russia, will not stay. They will emigrate towards warmer countries, or the countries with oceanic climate.
Everything is better than the cold continental landmass. Even the hot desert with an oasis.
Perhaps China can come in and help Russia out. Or engineers from some other warmer country.
I wouldn’t advise they take what Biden is taking … it’s not working
I think that Macron and Putin should talk about the grapes:
I grow some winter hardy and disease hardy grape varieties from Russia, Ukraine and USA in Slovakia. During the last 2 to 4 years, the Russian and Ukrainian grapes started to fail significantly: while around 2014, the newly planted plants could grow 5 meters long already in the first year, during the last years, they barely grow and are dwarfish. I started to concentrate on the winter hardiness, planting some new varieties from the Ukraine that claimed to be more winter hardy, using USA grapes in breeding.
https://www.vinograd.club/index.php/ru/
This year I plan to plant some new plants, too. And that is almost exclusively some USA grapes.
They are gearing up for a FF anytime now.
NATO Could Enter Ukraine War Against Russia on This One Condition, U.K. Says
https://www.newsweek.com/nato-could-enter-ukraine-war-against-russia-uk-says-1686718
If a false flag on chemical weapons starts in Ukraine, we are all f**ked.
The moth-eaten UK lion bares it rotten and decayed teeth.
God save us from these imbeciles!
The NATO boys really like that CW ploy… they’ve been using it for decades now …
And the MOREONS never get tired of it …
The PR Team must laugh at how gullible the MOREONS are hahahahaha
Hey norm… can you explain why Putin would use CW on the Ukes?
Ides of March it is….
I was recently talking to a friend and I literally said, even with a “second brain”, a streamlined analytic framework, among a few other things, things are cascading much faster than I can keep up. Might need to rework some things.
We truly find ourselves at a math defying moment.
European Industry Starts Shutting Down as Energy Prices Soar
https://worldedge.substack.com/p/beyond-mathematical-odds-vii-the
The World Health Organization advised Ukraine to destroy ‘high-threat pathogens’ in the country’s public health laboratories in order to prevent “any potential spills” that might infect the population during the Russian invasion
“As part of this work, WHO has strongly recommended to the Ministry of Health in Ukraine and other responsible bodies to destroy high-threat pathogens to prevent any potential spills,” said the UN agency.
https://www.zerohedge.com/geopolitical/who-told-ukraine-destroy-high-threat-pathogens-prevent-disease-spread
https://www.reuters.com/world/europe/exclusive-who-says-it-advised-ukraine-destroy-pathogens-health-labs-prevent-2022-03-11/
So now we connect the Potemkin War to the Covid Con.
A game within a game within a game within a game…
Will it be Devil Covid soon — with the fingers being pointed at Ukraine/Russia — instead of the injections?
It does seem as if we are very close to finding out how this ends… this needs to happen soon because BAU was in a very bad state even prior to the Potemkin War.
Fear + Euphoria = Fast Eddy (FE)
Hmmmm….
WHO says it advised Ukraine to destroy pathogens in health labs to prevent disease spread
The World Health Organization advised Ukraine to destroy high-threat pathogens housed in the country’s public health laboratories to prevent “any potential spills” that would spread disease among the population, the agency told Reuters news agency.
In response to questions from Reuters about its work with Ukraine ahead of and during Russia’s invasion, the WHO said in an email that it has collaborated with Ukrainian public health labs for several years to promote security practices that help prevent “accidental or deliberate release of pathogens”.
https://www.aljazeera.com/news/2022/3/10/ukraine-tells-iaea-it-lost-contact-chernobyl-plant-liveblog
This is what hell looks like?
A bit of smoke… no fire.. no bodies… no video of fighting …. Potemkin War
https://www.aljazeera.com/news/2022/3/10/ukraine-tells-iaea-it-lost-contact-chernobyl-plant-liveblog
According to the last study, the regions of Košice and Prešov in the Eastern Slovakia, are among the hardest hit by the pandemic, also economically in the EU.
https://mediweb.hnonline.sk/spravy/23423807-komentar-miliarda-hore-kominom-akakolvek-uradnicka-chyba-nas-moze-stat-uspesny-vysledok
These regions, bordering with the Ukraine, already suffer from ageing and depopulation. While the clmt of the Western Slovakia is milder, they also suffer from more continental, harder winters.
Ageing and obesity:
With the ageing, the ability of the body to process food into energy declines, so it is stored in the form of the fat.
Ageing is basically energy decline.
The dead are shouting. The govt and public health are not listening.
Deaths of under 75s in England. What do they tell us about COVID and COVID vaccines?
https://metatron.substack.com/p/the-dead-are-shouting-the-govt-and
https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Feafa827c-19ef-44db-b907-815e0aaa775c_723x748.png
Speaking of Dunc…
Two options:
1. He’s vax injured/dead
2. He’s lurking and seen that he made a complete fool of himself suggesting the unvaxxed would die and cleanse the gene pool … and is living in shame, misery and filth … and is doing the right thing by not posting on OFW…
On the other hand norm and mike (not so much mike though)… feel no shame and just keep on posting the same rubbish…
There is something to be said for realizing you were wrong..
It’s a slam Dunc!
“living in shame, misery and filth”
Sounds like par for the course in San Francisco these days,
Must be option 2, because a quick check reveals he posted on peakoil.com yesterday. He has given up on “the unvaxxed will die” meme, though..
Good for dunc… he at least has the level of intelligence to recognize he was wrong and to feel enough shame to avoid OFW….
norm – your thoughts on this? Are there any dots you might want to connect… ah right .. norm cannot connect dots… unless Gail does it for him…..
9 OUT OF 10 COVID DEATHS ARE FULLY VACCINATED – UK
https://www.headsupster.com/forumthread?shortId=1537
The real issues are different from this, because more than 9 out of 10 are vaccinated, if very small children are excluded. These are some other issues that should be of greater concern:
Vaccination seems to cause non-COVID deaths to rise. In fact, at the time of the earliest trials, the total deaths in the Pfizer experimental group were higher than in the control group. Enough people died of heart attacks (and other causes) to offset the puny savings in mortality from the vaccines.
The vaccine allows the virus to circulate endlessly among the vaccinated. This allows for more possibilities of adverse mutations. In the long run, this is likely to lead more death and disability from COVID.
We don’t know what all of the follow-on effects of the vaccine are. We do know that in the US, in the third quarter of 2021, “all cause” deaths were far too high. About half of these excess deaths were non-COVID deaths. Other countries have experienced spikes in non-COVID deaths as well. Furthermore it is likely that there will be more follow-on effects of the vaccine.
There was fraud in the approval of the vaccines, made possible by the very significant funding that the CDC gets from the pharmaceutical industry.
The vaccine allows the virus to circulate endlessly among the vaccinated. This allows for more possibilities of adverse mutations. In the long run, this is likely to lead more death and disability from COVID.
aka DC – which is the intention
Right. This is a simpler explanation.
Nine Fort Bragg soldiers recently died of unknown causes
Nine US soldiers, all stationed at Fort Bragg, all in their 20s or 30s, recently died at from “undetermined” causes, or after being discovered “unresponsive” in their bunks.
https://stevekirsch.substack.com/p/nine-soldiers-recently-died-at-fort
Hey norm… is this how Dunc went? Sounds like a pleasant way to die… except if you are under 40… and healthy
Overview
Mask mandates don’t work at all, so they are being extended on public transportation.
There are two mandates, based on science, that are effective: 1) if you are sick, stay home until your symptoms resolve and 2) if you exhibit COVID symptoms, start a proven early treatment protocol immediately. Unfortunately for us, no public health official is ever going to mandate either measure (it would make too much sense to do that).
https://stevekirsch.substack.com/p/mask-mandates-dont-work-so-they-will
Almost as if they want injected covidiots to be infected… to what purpose? DC purpose
The Italian bond market crashed today. The Italian truck owners’ organization says that from Monday they will all stop because gas is too expensive. They emphasise that it’s not a strike, they just can’t keep working.
Italian Truckers Declare Force Majeure Over Gas Pains, Halt Deliveries Starting Monday
https://mishtalk.com/economics/italian-truckers-declare-force-majeure-over-gas-pains-halting-deliveries-starting-monday
And also:
Diesel is too high so fishermen don’t go fishing
https://www.ilsole24ore.com/art/il-caro-gasolio-mette-crisi-anche-pesca-pescherecci-fermi-porti-AEqGsWIB
How bizarre https://alexberenson.substack.com/p/are-australian-customs-officers-allergi
hahaha…. Two Minutes of Hate has arrived!!!
Oh and just wait when those poor refugees pour out of Ukele-land and cause DC…
Fauci will be watchin and muttering — don’t look at me …
When they cast this Potemkin War and asked for a villain Putin said — let’s do this in Ukraine and I’ll play Dr Evil… Klaus raised his hand and said – but hang on that’s me — Vlad you have to call yourself something else…
hahahaha..
All the world… is a stage…. a very complex stage — but no different that a grade 3 play
https://www.nasdaq.com/articles/exclusive-facebook-and-instagram-to-temporarily-allow-calls-for-violence-against-russians
Good grief! Facebook and Instagram allow calls for violence against Russians.
As expected — let’s talk about injecting the refugees from Ukraine … too late though — they will be ground zero for DC (well actually it may be HK – I said Guangzhou — but it’s all south china… still may have come to HK via a truck driver who spent the night with a karaoke girl in GZ before heading to hk — who the 789 knows… and what does it matter)
https://t.me/TommyRobinsonNews/33534
Facebook, Twitter, Instagram etc. are all a societal cancer. I’m glad I never saw the attraction to social media.
hahahahaha — full r e tard it is
https://t.me/robinmg/17005
Oh… like … wow https://t.me/DowdEdward/103
https://mobile.twitter.com/FoJAk3/status/1501941345669173260?cxt=HHwWmMCq4cfs-9cpAAAA
Mr Pool
WWIII started 22422
He found a date that worked out to the same sum of numbers as WWI and WWII. Isn’t that sort of cheating?
Or…. that might be Valeria’s phone number… norm … it’s a plea for help from the lovely Val…
Jump on your white mule and ride to her rescue!
April 22, 2022 maybe
Considering how US and UK are so interested to start a war, I think that it is highly probable that a false flag on chemical weapons or bioweapons will start in Ukraine soon.
That will give the kick to western Countries to be convinced to enter the stage.
It is a similar protocol we saw in Iraq or Syria.
It works well.
This time emotion could easily prevail like in Iraq, while in Syria some rationality prevailed.
It is ironic, but if a false flag will start in Ukraine only China could save us all, saying ‘no’.
Please China, read this blog.
Let’s see what will happen.
Europe’s banks reveal billions worth of Russia risk as sanctions bite
LONDON (Reuters) – Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at end 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system.
Italy’s UniCredit and France’s BNP Paribas have also disclosed billions of euros worth of Russia risk. In an extreme scenario banks could lose it all if Moscow seizes assets and sanctions render Russia-related securities worthless.
https://www.msn.com/en-gb/money/other/europes-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite/ar-AAUSRHg
It seems like finding out the amount of exposure banks have to Russian assets would cut back the interest governments have in sanction against Russia. But once these folks have started down a path, they seem to go the same way.
The global economy is headed for a deep and protracted recession, due to soaring energy and commodity prices, and economic globalism is liable to give way to relatively closed trading blocs? If so, then the world (and the global, economic dissipative structure) is about to change radically from the post-war model of global openness and cooperation. The outcome may actually be worse than that?
> The End Of The Global Economy As We Know It
…. The result of sanctions and war so far has been to cause prices of practically every commodity to rise significantly, most notably wheat, which is up 50 percent since before the war. (Russia and Ukraine are the number one and number five exporters in the world respectively.) Oil which was already trading at an elevated level is now comfortably above $110 per barrel, up about 25 percent from the start of the war.
Spikes in oil prices have preceded 10 of the last 11 recessions (not including the COVID collapse). It seems likely, though, that a recession following this spike will not be a mild one given the dislocations in the world economy already and the determination of each side in the conflict to exert increasing economic pain on the other. And, we must also remember that oil and wheat prices are not the only ones going up rapidly. Food prices, in general, are soaring as are fiber prices (lumber and cotton, for example). Rising energy prices, of course, feed into practically every other good and service. Eventually, high prices undermine economic activity as buyers simply stop buying what they cannot afford.
If the next recession is deep and drawn out, as I believe it might be, it may hasten the breakup of current trading arrangements as people around the world seek to protect their home industries from those abroad by restricting trade even further (just as countries did during the Great Depression).
The Russians sought to reorganize the security framework in Europe by making sure Ukraine does not join an alliance hostile to Russia. In the bargain, the Russians may get a reorganization of the world trading system, one that may break up into relatively closed trading blocks with more and more emphasis on self-sufficiency as a prudent bulwark against unexpected disruptions including wars.
https://oilprice.com/Energy/Energy-General/The-End-Of-The-Global-Economy-As-We-Know-It.html
This is an article by Kurt Cobb. He has been writing articles for a long time. He was very active in the US version of the Association for the Study of Peak Oil. He understands quite a bit of the energy situation.
BAU is dying.
Not to worry – DC is brewing… along with starvation … and maybe a few thousands nukes…
Nobody gets out alive – and nor should anyone want to.
Who’s getting nervous now? If you are not then you are a DelusiSTANI.
What was it they did during the Maidan protests — jump up and down if you are not a Russian hahahahaha… and they kept on jumping till told not to …
F789ing World Full of MOREONS.
Each of our lines has already survived for a million years, through a thousand famines, and a thousand wars, so there is no good reason to give up now.
Very many people in the world persevere, their entire lives, without any of the comforts or securities that we enjoy.
Obviously anyone who wants to give up, and to opt out, is free to do so, certainly if they have no responsibilities for anyone else.
There are no rules about that, so people can do whatever they want.
Spot on, Mirror.
“Each of our lines has already survived for a million years, through a thousand famines, and a thousand wars, so there is no good reason to give up now.”
This is what we understand or what we were told. Are you 100% sure that it happened? You are 100% confident that it happened. Did you actually witness it?
Humans clearly have lived through ice ages. Local areas have had huge problems, especially with deforestation and soil degradation. Humans have been amazingly persistent.
Mutant Omicron strain is killing 280 people a DAY in Hong Kong – and it’s already in Australia
https://www.dailymail.co.uk/news/article-10592027/Covid-Australia-Deadly-mutant-Omicron-strain-Hong-Kong-hits-Australia.html
Not devil covid … but it’s getting more deadly….. be patient…
When I type Hong Kong into our World in Data, its rate of deaths is amazingly high compared to other countries.
https://ourworldindata.org/explorers/coronavirus-data-explorer?facet=none&Metric=Confirmed+deaths&Interval=7-day+rolling+average&Relative+to+Population=true&Color+by+test+positivity=false&country=USA~ITA~CAN~DEU~GBR~FRA~JPN~HKG
It is my understanding that this is due to a new variant emerging in Asia… MSM is saying nothing about this … MSM is promoting the Potemkin War…. Covid is gone.. Fauci is gone…
And meanwhile … restrictions are coming off… just read that Bali will open up completely April 1…
Strange time to be removing restrictions… unless of course the goal is to Let er Rip globally really quickly…
If we assume the story out of HK is real — then is this not exactly what the original concern with Covid was all about…
I am thinking Fauci has completed his part of the CEP — and is in Cancun drinking Mojitos
Doesn’t sound good.
What amuses me .. is that after all these lies … the MOREONS are seeing the removal of restrictions as the beginning of a return to BAU 2019 – style….
Yep — they took a baseball bat and smashing the f789 out of the global economy — killed and maimed millions (it was a mistake — or it was about making money)… and now we just go back to the way things were..
Oh and btw – let’s not forget what was happening in 2019:
“The global economy was facing the worst collapse since the second world war as coronavirus began to strike in March, well before the height of the crisis, according to the latest Brookings-FT tracking index. “The index comes as the IMF prepares to hold virtual spring meetings this week, when it will release forecasts showing the deepest contraction for the global economy since the 1930s great depression. https://www.ft.com/content/9ac5eb8e-4167-4a54-9b39-dab48c29ac6c
Collapse Imminent: https://thephilosophicalsalon.com/a-self-fulfilling-prophecy-systemic-collapse-and-pandemic-simulation/
The Illusion of Stability, the Inevitability of Collapse http://charleshughsmith.blogspot.com/2021/09/the-illusion-of-stability-inevitability.html
While lifting restrictions, they are going head with all the digital ID and QR code plans.
They clearly want a variant which they can portray as nasty, or which might even be that in fact.
All they need though, are ‘overwhelmed’ hospitals and ‘high’ infection rates to justify putting the manacles on us.
Coming to us next winter, almost certainly, with strict food and fuel rationing into the bargain.
More deception as part of the Potemkin War?
https://t.me/mod_russia_en/112
Anything but the injections will be the cause of Devil Covid
Russia exports 6 million barrels of oil per year. The US and the West froze out Iran’s 3 million and Venezuela’s 2 million barrels per day and prices went down. China and Cuba got some discounted Iran and Venezuela oil maybe one third or one quarter of the old exports. Russia’s oil will be replaced under a Republican administration where Texas Permian is ramped to replace it. Plus turning on some nuclear reactors replaces the natural gas. Tesla and Chinese electric car companies are replacing the new ICE cars over the next 5-8 years. There will also be substantial replacement of the trucks. Robotaxi will replace more of the rides even when most of the fleet is not replaced. 5X more rides from robotaxi EVs. 2X usage for EV trucks. Demand for oil will drop 30% over ten years. Gas will be substituted and some more production out of US and some other countries.
This is Brian Wang from nextbigfuture.com. He has been writing articles for quite a few years. He commented at TheOilDrum.com about how nuclear would save the world, back when I was writing there.
We will see whether Texas Permian oil can be ramped up, as hoped. Maybe with a high enough price for oil, some of the non-core areas will have more oil that can be extracted.
There are a lot of things that in theory could happen. The problem is keeping all of the supply lines going that are required. Also, keeping governments functioning with too little revenue in the future/
Brian Wang is a kool-aid drinker. In 5-8 years the US will likely have collapsed by then. At current rates by 2030 the National Debt alone will be well over 100 Trillion and unfunded liabilities many multiples of that.
Birth rates will be near zero. The strain on social security and other items will be immense.
The depletion of shales by then will be complete. Further depletion of other oil sources in the world will be complete like Saudi Arabia….they already are pumping water to get oil…..the sign of terminal decline.
Look at decline rates…..where is the oil going to come from? What quality will it be…..will it be refinable by then?
All of the West is already financially bankrupt. We are also morally, socially, culturally, and intellectually bankrupt.
Right now, over half of Americans are functionally illiterate. You can thank the third worldization of America. Without the white european population that founded the country you no longer have a successful society with third world ghetto dwellers coming to live here.
By 2030, the US will have collapsed in a seneca cliff style collapse versus the bizarro EV dreams that people like Brian Wang speak of. Not to mention, the large amount of vax injuries coming up. The US is finished.
He’s experiencing mass psychosis… he’s no different than the MOREONS who continue to inject the experiment even though all the evidence shows they are worse than useless… and killing and maiming more people that died in the Vietnam War….
Nothing to really look at — unless you are fascinating by the stooopidity of MOREONS…
For some MOREON watching is a hobby….oooh look at this one… it’s so f789ing stoooopid … it believes we’ve walked on the moon … shall we throw it a peanut? But the sign says don’t feed the MOREONS… oh it’s just a peanut… throw it in there
where is mike – mike FE commands you to make hilarious comment
We need a few more to complete the book ‘mike’s Greatest Quotes’
brian is sedated by FE and resting peacefully … we’ll make sure he gets his meds and doesn’t return to the funeral home and shout EVs and solar panels — EVs and solar panels!!!!!
Part of the problem is that no one was telling the truth 5 years ago….. about the shale production! Even Gail was pushing the shale narrative. Go back and read the comments! Too many people were giddy with Trump to criticize…the sweet spots of shale are gone…
perhaps you mean 6 billions pr year (with a b)?
“Pfizer knew. The likelihood of dying of a heart attack from that vaccine, according to their own studies, is 500% greater than if you weren’t vaccinated. They knew a lot of people would be killed and they did it anyway.”
https://twitter.com/miia_2018/status/1501930059094904843?s=19
Seems they know there is no longer rule of law. Just bought politicians, judges, DAs.
Twitter thread – British man goes to Kiev but can’t find any signs of war. Describes it as a movie set:
https://twitter.com/lezluthor/status/1500175827161554946?s=10
More evidence that some of the attack is staged.
Really?! That’s a tough pill to swallow… I don’t buy it! Fast Eddie head to Kiev for us and report back…. Oh wait a minute I forgot you are not allowed to leave! Like a child being punished, what a sad country
Others have done that … and they are not seeing a war. They are seeing staged incidents …
42M in ukraine – they have mobile phones – where are the selfies with dead bodies and the videos of fire fights and artillery battles? Zip – Nothing – Nodda – F789 All…
And where is the MSM footage? We get these clowns in body armour interviewing people getting onto a train and their main concern is if weed is legal in Europe
hahahaha… war… I see no war.. there is no war… there’s some staged booms here and there.. not much more …
Where are all the famous war photographers — nothing – no photos no nothing — nothing even from freelancers… it’s all bullshit
There are some re-used photos from gas explosions … there are some actors with bandages on their heads… if it was a real war why use fake shit?
Thank you, Michael. That is a damning thread. I think this is the equivalent of the “Film Your Hospital” movement, showing that overrun hospitals during COVID were all lies.
gotta love eddyplots
where everybody on the planet knows one thing
but eddy knows different—-this is sounding sooooo llike the moonlandings
maybe they used the same studio and backlot?
I wonder if part of the (eddy) Ukraine campaign will accidently show monument valley in the background?
ooops
It’s a campaign with few dramatic incidents.
The clearly staged and exaggerated events are part of the propaganda war for Western consumption, as far as one can tell, and do not indicate that the whole thing is somehow a fake.
Until the Russians really push in to the cities, which they have mostly surrounded, nothing much will happen that is photo-worthy.
If they try to starve their opponents to death – hoping that to conserve food they will release civilian hostages – it will continue to be unexciting.
The Ukrainians are holed up, the Russians cautious. No shock-and-awe, no carpet bombing, no massive armoured assaults – public expectations are simply out of line with the nature of this kind of engagement.
Moreover, the Russians, unlike the US and Brits, do not seem much interested in conducting war by TV and press conference.
Ya but I want bodies — can someone tell Putin to amp this up!!!
It gets boring sitting around waiting for Armageddon
BTW – I am rewatching Utopia — the parallels are epic …. although no war
Kiev is not the city to go to find dramatic scenes of war, so far: the action is in the East, obviously.
In 1917 you could have found villages and towns just a few miles from the Western Front where there was ‘no sign of the war’, if you ignored the men in uniform resting.
Too many people opining who have never studied strategy, nor bothered to look at a bloody map!
Perhaps .. but where are the photos and the videos?
The entire MSM is focused on this — surely they must have war photographers covering this — surely there must be freelancers trying to make a name for themselves and get their shots picked up by a MSM outlet….
What about all the selfie-obsessed looking for a moment of fame on FB and Twitter…
Next to nothing – across the board…
but there was that moon lander module in the background on one one of the pictures—i guesse they were a bit sloppy in tidying up after doing 6 fake moon landings
Nice report. Ukrainians I know say the same. FSU gets Ukrainian territory and China gets Afghanistan in exchange for silence about moon landings etc. Nato gets female refugees.
Aha! https://t.me/TommyRobinsonNews/33511
Interpretation – when Devil Covid arrives the Potemkin War in Ukraine will be blamed … rather than the leaky vaccines
Tedros Adhanom Ghebreyesus was extremely worried during these days to lose center stage.
– Bill, nobody take care of us anymore, what can we do?
– Spread terror about war and plague, ask a camera and start talking…
The Horror .. The Horror….
Gosh – doesn’t this photo paint a picture of the utter misery of the people of Ukraine… I am in tears.
https://www.aljazeera.com/wp-content/uploads/2022/03/20220307_2_52496412_74399756.jpg
at least it takes your mind off the disabilities of the winter paralympians eddy
that has to be good—wouldn’t you say?
Black doll they are woke! Canada Goose Arctic Program coat $1500.
Strange photo!
Good point.
I have been through much of Easter Europe and they are far from woke… in fact I found many of the people we encountered exhibiting Nazi-esque tendencies.
At one petrol station M Fast asked me to order her some tea — they gave me a cup of hot water and a tea bag… by the time M Fast returned from the washroom (not sure what the f789 she was doing in there for so long… ) the water was not hot … her polite request for more hot water was met with a stony cruel silence…
M Fast returned to me almost in tears — of course being a Bull in a China shop Type B (for ballistic) personality — I marched back and said WTF is your problem — why won’t you replace the water — the lady grudgingly did so — but she was seething after I said – and next time when someone makes a reasonable request – answer then … and don’t make them ask twice.
I am sure that woman – and the other staff wanted to cave my head in with a brick…
When the SHTF — it will be bad to be a minority anywhere .. but Eastern Europe I expect to be exceptional…
They are not the type of people who have black dollies…
The CEP is necessary — people may not think so — but it is … the horrors that will descend up us are unthinkable … should the CEP fail and BAU collapse
Why do Western states turn a blind eye to the ethnic cleansing of Palestinians, and the demolition of their homes, in Jerusalem? Why is that not considered to be ‘war crimes’ and ‘crimes against humanity’? Why are Western states quick to show their concern for Ukrainians, but never for Palestinians?
Amnesty International, the most respected human rights organisation in the world, has condemned Israel as a apartheid state, and called for targeted sanctions on Israel. Why did Western states instantly sanction Russia, and bin the Amnesty report? Why? It seems hard to take Western states seriously.
This Israeli settler explains that, ‘The conqueror takes all.’
Cuz the Palestinians are weak.
Because the narrative is controlled by Jewish interests. For example 60% of management positions in Fake News CNN are Jewish as against 2% by population. They have a guy running the White House who has to be dressed every morning in Huggies to protect himself from nasty accidents.
Most of Hollywood is the same. And when the sabres are rattled to go and protect Israel only 0.2% of the armed forces are Jewish as against as stated above 2% of the US population. No worries, hoist old glory up the mast pole and there is an endless supply of poor whites and blacks from the south who will give their lives in the middle East.
Shocking but true.
You may be right. I am sure some Jewish readers will be unhappy, however.
I always wanted to be Je w ish so I could help run the world …. I even tried to add owitz to the end of my name — but they saw through that and my membership got rejected.
I know of people who converted. It is possible to become Fast Eddiwitz or Fast Eddistein if you prefer. You have to front at your local synagogue and do a couple of years of lessons. It you want to marry a Jewish person then you can be fast (pun intended) tracked.
EddySTEIN — as in Einstein on Steroids (like a rugby player… on steroids)…
Nice ring … but no SINagog in Queenstown… I knew one J-ew guy but he’s gone back to the US… so not sure where to start…
Do they allow multiple wives or is that only with Islam?
All but too complicated… and given we are about to be DC’ed I don;t think I can be bothered…
The Elders put their loyal minions into the top jobs…
Just like the Brits did when they ran the world.
At some point Ukrainians are liable to realise that they have been set up as patsies of NATO, to play desperate roles in a staged geopolitical drama. The Ukrainian state forces have taken the course that is liable to do the most harm to civilians, and which may make Russia ‘look bad’ on the world stage, but will not do Ukrainians any good.
At what point do Ukrainians decide that the entire course of tension, and hostility, with Russia was a really bad idea, from the perspective of their own well-being? It is disturbing to see people pliantly used in that way. Fortunately Russian ‘corridors’, for civilians, out of the cities, are in play, to get as many people out of the cities as possible.
This is a Bill Roggio thread on twitter, warning about where this conflict could well be headed.
> 1) On urban warfare. This in no way should be interpreted as a defense of Russian-inflicted civilian casualties (it will anyway), which I condemn. The harsh reality is that when you decide to defend cities, you will incur civilian casualties & damage to civilian infrastructure.
2) Both sides chose to fight in an urban setting. From Mayor Vitali Klitschko: “Kyiv has been transformed into a fortress. Every street, every building, every checkpoint has been fortified.”
3) There are numerous photographs & videos from the capital and other cities that show armed checkpoints and defensive positions in or around civilian buildings & areas. I’ve seen video of Ukrainian troops firing anti-tank missiles from apartment building rooftops.
4) Ukrainian snipers are no doubt using upper stories of buildings as sniper’s hides. As they should. Armor, checkpoints & defensive positions are placed on bridges & roadways used by civilians. Again, as they should if the plan is to defend a city at all costs.
5) Ukrainians are soundly executing a bloody & lethal urban defense. They are making the Russians pay dearly for attempting to take cities. This is why Ukrainian cities are holding out against some very long odds. Everyone is applauding the Ukrainian’s determination …
6) … as they should, & as do I. But there are costs associated with waging a viscous urban defense. The Russians will use artillery & airpower to take out Ukrainian defensive positions. Buildings will be leveled. Civilians will be killed & wounded.
7) The Russians will not hesitate to use indiscriminate fires to terrorize and intimidate civilians into surrendering. This is a cold, hard reality of warfare that spans millennia. The Russians did not invent this tactic. So far, this has not happened on an industrial scale.
8) I know this all will be interpreted as a defense of the Russians. It isn’t. I am discussing the brutal, harsh realities & consequences of the choice to fight in an urban environment. Sadly, there is little room on Twitter for dispassionate analysis. Only emotional outbursts.
Hey norm… is Valeria ok? Have you organized her one way ticket?
last year
i was wondering what the eddyhoax would be for 2022
Fuck bill rogio. Just another hypocrite who is virtue signaling in bit more sophisticated manner
When the fucks are piling up into stratosphere it’s about time to zero fucks given.
The difference between the siege of Stalingrad and Leningrad is that the Germans never completely isolated the city (cutoff) from external resupply.
Russia is completely surrounding these cities.
The defenders can stay in there all they want but no resupply will get to them
Should be interesting to see play out.
It is the two month wait for the food to run out that makes this so slow and boring.
They doubt what Putin says:
1:42 Overall the situation is normal.
The sanctions have helped Russia, and will continue to do so.
They act as a protective tariff.
Meanwhile Western banks and businesses are getting screwed, esp. in Europe.
Europe is the big loser.
Per Michael Hudson, that was the idea (in the West) all along.
When there isn’t enough oil and other fossil fuels, someone has to be kicked out. Europe looks like a good candidate to kick out.
USA with its inefficient cars, big distances, big homes and cold waves from the north that is not protected by the mountains will be kicked off first.
I grow some grape varieties. From Russia, Ukraine and USA.
The varieties I grow from the USA have smaller clusters and berries, but are more frost resistant. My favourite is Swenson Red from Wisconsin.
http://www.winemanager.com/slarsen/Gb2010/Articles/var/Swenson_R/SwensonR.htm
Swenson Red is also very popular in Poland.
Just to hear the other side:
‘The Defense Ministry called “the airstrike” on Mariupol a staged provocation.[…] The Russian air force in the Mariupol region did not perform any tasks to hit ground targets […]
Photographs of the hospital grounds contain evidence of two different explosions staged near the hospital. One buried underground and another of low power directed at the hospital building. The nature of the damage outside and inside the building may mislead the mass non-professional public in Europe and the United States for whom this staging is intended. But not experts. A highly explosive aviation munition, even of lower power, would simply have left nothing behind on the building’s exterior walls,” Konashenkov explained.’
https://ria.ru/20220310/provokatsiya-1777547947.html
Nice find… more possible evidence that this is a Potemkin War… likely meant to distract as the Elders put in play the final chapter of the CEP.
Seems like just about everyone here in QT is down with Covid now … so it is ripping fast and furiously through the injected CovIDIOTS…. mutations imminent…
BTW – anecdotally – those who are injected and get Omicron that we know of — are getting hit the hardest… 3 neighbours have been laid low by it … meanwhile I didn’t get tested but likely had it — bit of a sore throat – our slave boy from the Philippines was achy and sniffling for a day or so – he’s recovered and I have him back bringing in the sugar cane harvest….
Was speaking to one of our HK staff yesterday – her kid — vaxxed – had it – very high fever and other bad flu symptoms for a week…
This you tuber has some good info one thing he said is that russia is leaving the internet which tells me a staircase collapse is occurring in the world economy i highly recommend this guy he seems to have some good contacts https://www.youtube.com/watch?v=K3TcO_43koY&list=RDCMUCfgtuaUadGgOA-91geQ8Qog&start_radio=1
@Fan of Bugnolo
I don’t know the friar, but I personally think a 10m-20m, mostly in places the people in NYC, LA and SF won’t see, will perish in USA.
ON 1845 the pop of Ireland (including Ulster) was about 8.5 million. On 1850 it was about 6.0mil. about 0.5m having emigrated.
The pop of USA as of 2020 was 331M. Using the percentage from 1845, US pop is due for a haircut 77.88 million, make it 80.
NYC , LA and SF will be the first to go, so they won’t be seeing anything.
On the contrary. Centers of Civilizations are the last to go under. Maybe the homeless and other riff raff will be kicked out of it, like described by Hans Fallada in 1920s Berlin, but the beautiful people won’t feel a thing.
Gail another WOW…Business is BOOMING…at least we hope …
MIAMI (CBSMiami) – American Airlines announced Wednesday it will be adding 600 full-time reservation agents to their Miami operation.
The company said it already has 200 new representatives in training, and that their goal is to hire 400 more in the next couple of months.
New hires for the position would be working from home, assisting customers with their travel needs, including providing schedules, fares and providing flight information.
“These team members will join more than 1,500 new team members hired at Miami International Airport (MIA) in 2021,” airline officials said.
“As the third-largest private employer in Miami-Dade County, these new full-time positions further strengthen our more than 30-year commitment to our community and to our Miami hub,” said Juan Carlos Liscano, American Airlines Vice President- Miami Operations.
“With the record growth we’ve experienced in the last year, we’re thrilled to continue creating more jobs in Miami.”
One thing I know….things can turn on a dime and layoffs in this Industry come with no notice
When you compare the Koppen climate map of North Korea and South Korea, you get the answer why North Korea is ruled by a dictator:
The coal allowed for the increase of the population, but the inefficient buildings consume a big part of the energy, so not much is left for the civilization.
https://commons.wikimedia.org/wiki/File:Koppen-Geiger_Map_KOR_present.svg
https://commons.wikimedia.org/wiki/File:Koppen-Geiger_Map_PRK_present.svg
North Korea has an awfully cold climate.
And cold dry winters…
Not too many people know but around 1900 Galicia produced a lot of oil ; it was like the Texas of Europe
That’s why the Russians really coveted the area
However, the Poles did something in the 1920s and the oil became unrecoverable.
Sources??
Sam- Come on, man!? You know the thing- Galicia was just one source of oil. And he means magnetic not people. I’m joking. Sorry. So scared now just trying to bring levity at all costs! Even shunning and cancellation. Long live subtle or brazen humor within the comments!
Anyone can google. I had quoted a 1910s Japanese almanac some time ago.
The world’s first oil refinery was built in 1856 by Ignacy Łukasiewicz. His achievements also included the discovery of how to distill kerosene from seep oil, the invention of the modern kerosene lamp (1853), the introduction of the first modern street lamp in Europe (1853), and the construction of the world’s first modern oil well (1854).
https://en.wikipedia.org/wiki/Ignacy_%C5%81ukasiewicz
https://kehilalinks.jewishgen.org/drohobycz/petroleum-history/petroleum.html
It sounds from this history as if the oil supply was pretty well depleted by the 1920s, but that some activity continued until after WWII.
One day we could discover that also Russians have sense of humour.
Maybe just before our worldwide collapse.
I found this hilarious.
(she talks about Americans, but the same thing is about Europeans, and surely even more)
https://t.me/FronteSovranista/1825
And instead this – accidentaly – is even more hilarious.
Enrico Letta, President of Italian Democratic Party on the new poster of the Party, with helmet on his head: ”we will annihilate the Russians”…
https://www.imolaoggi.it/2022/03/10/letta-con-lelmetto-manifesti-roma/
to be precise, from further search it appears on the web that the poster has been made by protesters inside the Democratic Party and it is not believed officially made by the Democratic Party itself. Therefore it is just hilarious, without ‘accidentally’
🙂
On the same theme, I like to picture Technocrator Draghi – in a mask – standing on D’Annunzio’s famous ship, firing the gun at Russia. Surreal images for surreal times. What do you think, Student?
”we will annihilate the Russians”…
That is very similar to talk coming from UK politicians. In the meantime, we are annihilating ourselves.
I know what you are thinking norm…. is she on Ukraine Brides.com…. how dare you betray Valeria
Valeria is open to polyamory if the cash is right.
I wonder….they MUST know that the cruise industry won’t exist now we don’t have the energy for travel …land, sea and air…But if the funding is there…take the money and run..suppose it’s comforting to keep the BAU mindset…as Fast Eddie has repeated MOREONS will be led to slaughterhouse.
The Cruise Division of MSC Group today broke ground for its new $350 million cruise terminal in Miami which when it opens will be North America’s largest, according to a statement from the company.
The four-story building with four embarkation decks will be able to accommodate up to 36,000 passenger movements a day, and feature enough berthing space to serve three latest generation ships simultaneously, the company said.
The Cruise Division of MSC Group and Italian ship builder Fincantieri announced a partnership in July 2021 whereby Fincantieri Infrastructure would construct the state-of-the-art facility which will feature a striking design by award-winning global architecture firm Arquitectonica.
The new terminal will be able to accommodate MSC Cruises’ largest and most environmentally advanced cruise ships, including its current flagship, the MSC Seashore, and the line’s future liquified natural gas-powered World Class ships.
Most ships at berth at the new Miami terminal will be able to plug in to the local power grid, in line with PortMiami’s plans to enable shore power connectivity.
Rubén Rodriguez, President, MSC Cruises USA, said, “Our new terminal at PortMiami represents MSC Cruises’ commitment to growing in North America and will help drive our expansion in South Florida by offering our guests an unbeatable experience that starts before they ever step on board. It’s also part of our larger sustainability goals, which include deploying our most modern and environmentally advanced ships to North America, the continued development of our one-of-a-kind Ocean Cay MSC Marine Reserve, and our pledge to achieve net-zero emissions by 2050. We’re proud of our partnership with Fincantieri, PortMiami and Miami-Dade County, and it’s a privilege to be able to contribute to the region’s continued growth and vitality.”
The building craze is in HIGH gear here in South Florida…this will be one of the ground zero End of the World Party celebration..
Hoping to make it till 2030….yeah …sure …no problem
Wow!
Battery powered ships makes sense. Yes, batteries are heavy, but ships can handle heavy.
Cruise ship 50MW. Four day cruise to charge port 100 hours. Total about 5 billion watt hours. Batteries about $300 per KWHr. So for only
1.5 billion dollars we have electric cruising.
Tripling the cost of a cruise ship. But hey any price for green.
With a 500MW charging line it can be charged in 10 hours. Half a nuke for 10 hours. So really nuclear powered ships.
or charge it with Florida hydroelectric. hehehehehehe
Probably the flattest state in the US.
You know, in Japan at my laboratory there is a small building boom. One of the new buildings is the new dormitory. the current one, with a capacity of maybe 100 rooms, has had less than 10 occupants for the last two years, but as low as 2. so I am not surprised. People keep building up to the last moment. Oh well, more ruins for posterity.
https://www.cnbc.com/2022/03/10/household-wealth-tops-150-trillion-for-the-first-time-despite-surge-in-debt.html
Here is what mainstream is printing, household wealth is up 150 trillion… they run these stories when they are worried people will jump out of the market
https://market-ticker.org/akcs-www?post=245371
Karl Denninger just said that very conservatively 10 million americans will soon die…
Every new piece of data leaves me computing the odds to worse and worse outcomes; I’ve yet to see one data point that has moved the needle the other way, but exact computation doesn’t really matter. My best current guess and probably the last I’ll publish (unless something radical happens) is that one in thirty people are flatly-screwed with either a permanent disability of some materiality or will be dead as a result, whether from an infection the jab potentiates or a direct morbidity caused by them.
This is a link to the new CDC report of interest. It shows a huge spike in CoVOC43 cases in the US, about the time of the spike in non-COVID deaths reported by insurance companies.
https://www.cdc.gov/surveillance/nrevss/coronavirus/natl-trends.html
Karl Denninger’s statement was “I pointed out that from what we knew in the lab the jabs were very likely to potentiate (that is, cause ADE) with OC43, another common coronavirus. We didn’t know if it would happen in the wild, but it was flat-out stupid to inject 200+ million Americans with that crap until we did, and we knew the risk was there before the mass-jabbing commenced.”
Clearly the OC43 that Denninger talks about is the same virus as the CDC shows as CoVOC43 cases that were going around in the third quarter of 2021. Something is making the death rate for this virus, or a follow-on COVID infection after OC43, more likely. Denninger thinks it is the vaccine makes these cases a whole lot worse. Or that people catch COVID while in the hospital with OC43.
All of this discussion about OC43 reminds me of an earlier blog post about an unusual spike in deaths associated with the RSV virus in Norway: https://metatron.substack.com/p/deaths-in-norway?s=r
In this case, it seems to be people age 55 and over that suddenly seem to be dying of RSV in the middle of the summer, when respiratory viruses don’t normally come around. RSV is not a coronavirus; RSV is an enveloped virus that belongs to the genus Pneumovirus, family Paramyxoviridae.
I also noticed a CDC article talking about a spike in RSV cases in the summer of 2021 in Japan.
https://wwwnc.cdc.gov/eid/article/27/11/21-1565_article
The CDC report says:
I am not convinced we know exactly what is going on. The vaccines are probably playing a role. Wearing masks endlessly may be playing a role as well. Staying at home and not going out for a long time is probably making immune systems work less well, too.
Somehow, some people are dying more easily of other illnesses.
Thank you. It is very interesting
You watch … when Devil Covid arrives… it will be blame on ‘the war’ in Ukraine.
Biowars and bio experiments on a grand scale. Wink wink.
Karl needs to move to substack…
Karl believes in the moon landing hoax and the official 9/11 narrative. He blocked me as soon as I challenged him on those two hoaxes.
Somehow he got COVID right.
Just another turd in the punch bowl.
Wow – it amazes me that so many people believe we have been to the moon … the absurdity of that is just insane.
Even without watching American Moon just looking at that tin foil contraption and believing it landed on the moon — you’d really have to be a hyper du nce.
I’d never given much thought to the whole thing till M Fast and I had downloaded the Apollo movie a few years ago — and we were watching and saw that hunk of junk…. and looked at each other and said — no way… we deleted the file without watching the rest
eddy
i wasnt aware we had a conspiracy shortage at the moment
thanks for letting me know
https://www.bitchute.com/video/z1qLIBajDHJ8/
Father Bugnolo’s grimmest messager ever. His voice was trembling and frankly he looked suicidal.
And no wonder. 12 minutes of sheer despair that would make Eddy cry. I don’t see how he is wrong.
An old paranoid moron.
I quite like Bugnolo. That said, he appears to be convinced that Russia’s aims are for the reconstitution of the USSR. That would almost certainly result in a WW3 scenario. That seems a bit off considering the measured response Putin and crew have been famous for over the last couple decades.
Perhaps its a little intense just yet as things may not be going as swimmingly well in Ukraine as Russia had hoped for.
But then, with the breakdown of fuels supplies to the western world, but might be correct in a round about sort of way.
Paper and steel companies shutting down in Europe
https://www.ansa.it/english/news/business/2022/03/08/ukraine-paper-firms-halt-production-due-to-energy-shock_682208a3-53c0-4953-8cf5-a72c84e7ea76.html
Paper firms across Italy are halting production due to the energy shock caused by the Ukraine war, Assocarta chief Lorenzo Poli said Tuesday.
He said the crisis was hitting the entire chain of production and included packing material, toilet paper, health and medical paper, graphic paper for publishing and media, the circular economy and paper recycling.
“We held out, even producing at a loss, but in these days an increasing number of paper plants are halting production and cutting activity,” said Poli.
“The pandemic didn’t stop us, but an energy shock is succeeding, following the crisis between Ukraine and Russia”. (ANSA).
https://www.bloomberg.com/news/articles/2022-03-09/european-industry-starts-shutting-down-as-energy-prices-soar
Steelmakers across Europe are cutting back their operations as power prices surge to record levels in response to Russia’s invasion of Ukraine.
Producers of the metal from Spain to Germany are beginning to slow down or entirely stop their output as the higher costs make production unsustainable, even with steel trading near record levels. Russia’s invasion of Ukraine has exacerbated already eyewatering power prices, affecting companies including Acerinox SA, Salzgitter AG and Liberty Steel.
“The situation is untenable,” said Andres Barcelo, director of Spanish industry group UNESID, which is lobbying for electricity and gas prices to be decoupled. The government in Madrid may take measures to help as early as Friday, he said.
The day-ahead average power price in Spain this week jumped to almost 545 euros ($599) per megawatt-hour, more than twice what it was just two weeks ago. That kind of cost pressure is being mirrored across the continent as the Kremlin says it is rethinking its gas exports, punishing power-intensive industrial firms.
Acerinox said it partially closed one plant in Cadiz in the country’s south, where a stainless steel mill halted, while the parts of the site that carry out hot rolling and cold rolling are still functioning. A company spokesperson said that the other two parts may cease operating in the next few days if the stainless steel mill doesn’t resume. The company launched a furlough program for 1,800 employees, it said.
In Germany, Salzgitter reduced its melting operations at its Peine plant on Wednesday, a spokesperson for the company said. U.K. producer Liberty Steel stopped production at its Rotherham mill earlier than expected, according to a person familiar with the matter. Liberty declined to comment.
Benchmark prices on construction steel — typically made in power-intensive furnaces — surged to record levels in Europe this week as traders braced for shutdowns that will curb supply. Despite that, many mills using electric-arc furnaces are likely to be loss-making. Plants using coal-fired blast furnaces will be less badly affected, as power makes up a lower proportion of their costs.
Higher steel prices will cause more pain for manufacturers and construction firms, which endured a sharp rally last year. The market is already trying to replace metal lost from plant shutdowns in Ukraine, as well as Russian exports blocked by sanctions.
Back in Spain, Celsa Group’s furnaces at its Barcelona plant were halted yesterday, according to a spokesperson for the company. Megasa SA also idled two facilities in the northern region of Galicia, according to Barcelo. The company declined to comment.
ArcelorMittal SA’s Sestao plant in Spain will not resume working as previously planned on March 13 due to high electricity costs, a spokesman told Bloomberg News in response to questions. Its facility in Olaberria stopped Tuesday and restarted on Wednesday, operating intermittently.
Thanks for the information. These are the kinds of impacts we would expect from not enough energy supplies: Some users will get “priced out.”
Now, there is probably a need to blame someone for this problem. Russia?
Could manufacturing go from BAU to closing shop very quickly due to energy or supply chain problems? Here today gone tomorrow stair step collapse.
$600 per KWHr is 20X normal $20 per KWHr
30X
I almost thought you were trying to impersonate the MSM for a minute
No need for paper or steel. Everyone has a smartphone.
All they need is a solar charger thingy.
No jobs needed…now…about the need to eat and stay warm
In my neck of the woods, stores are trying to conceal the loss of products from the shelves:
– concentrate on neatness.
– spread a single product out to fill up spaces with lost product.
– pursue a sense of calm among personnel.
As things get harder, I’m not yet seeing any loss of cardboard boxes. Anything that can be made from wood can be made from cardboard boxes. We’ll need people to drive less, so why don’t stores become their own delivery service and deliver to most customers by truck?
Can’t we say that supply chains are part of the self organizing system? But if cardboard remains plentiful and stores deliver products, won’t cardboard be a fairly secure member (assuming that there will be few like that in the near future) of the near term supply chain?
Supply chains are fairly mysterious, but cardboard boxes’, used strategically, seem among the more reliable. Working backward from the whys and wherefores of a reliable supply chain ought to point to the next best thing to do? Isn’t such a process recommended in a self organization system that gives you clues–clues only–of the SMALL initial steps needed to coax the bigger, more complex supply chain into a direction it appears willing to pursue?
50 years ago mobile grocery stores were commonplace–we even had a mobile hardware store
The euro zones money supply M2 is valued $15T
The euro dipped below the support line at 1.09 but was saved…by the Fed?
The Western banking cartel continues with their looting of the world…not one plasma screen at the time…but a full container ship at the time…and if someone doesn’t accept the dollar then we send the American war machine to f**k you up!
We ALL got to get on the SAME Page
CLIMATE
U.S. Energy Secretary Granholm calls on oil and gas companies to raise output
PUBLISHED WED, MAR 9 2022 4:17 PM EST
UPDATED WED, MAR 9 2022 8:55 PM EST
Pippa Stevens
@PIPPASTEVENS13
WATCH LIVE
KEY POINTS
With oil prices surging to the highest level since 2008, Secretary of Energy Jennifer Granholm called on companies to raise output.
“We are in an emergency, and we have to responsibly increase short-term supply where we can right now to stabilize the market and minimize harm to American families,” she said Wednesday.
The oil and gas industry has said that the White House is holding back drilling with unfriendly policies. Officials have dismissed these claims.
Now, what is it folks?
You love me, or you hate me?
But Sleepy Joe demands increase production
Oil producers in a ‘dire situation’ and unable to ramp up output, says Oxy CEO
PUBLISHED TUE, MAR 8 2022 12:06 PM EST
UPDATED TUE, MAR 8 2022 3:22 PM EST
Pippa Stevens
@PIPPASTEVENS13
WATCH LIVE
KEY POINTS
U.S producers were largely expecting to keep oil production flat this year, and in the face of surging crude prices output can’t just be ramped up, said Oxy CEO Vicki Hollub.
The oil-rich Permian Basin faces significant challenges in boosting output, according to Hollub. But it’s the only shale basin in the U.S. that can increase production, she said.
Among the challenges are the age of the wells, labor shortages and securing raw materials.
Excuses, excuses, excuses…Don’t Tell us what you can’t do….we want you to do what you are told to do!
We need the🤪Artic to melt FASTER to gain access to more liquid black goo…right Ed!
Oh, sorry, that’s not really happening…😉
Good luck on that demand! Nickel and other materials in scarce supply (such as the right kind of sand for fracking) are likely needed as part of some supply lines. If the system isn’t working, there is a real problem.
And there’s no analysis of what supply lines (to what) are most durable.
ASSESSING AND RATING VARIED SUPPLY CHAINS
https://www.whitehouse.gov/briefing-room/presidential-actions/2021/02/24/executive-order-on-americas-supply-chains/
A SERIES OF PIE SHAPED GRAPHS RUN FROM fIG. 7-14 and they look simple enough to imagine that some of the content is comprehensible to the many
https://www.whitehouse.gov/wp-content/uploads/2021/06/100-day-supply-chain-review-report.pdf
COULD A UNIVERSITY COURSE BE ARRANGED TO COMPARE THE GRAPHS AND STATISTICS (in relevant links) WITH OFW’S
GOOGLE SEARCH RE SUPPLY LINES
https://www.google.com/search?q=assessing+durabily+and+rating+varied+supply+lines&sxsrf=APq-WBvwAwl1NBiEp-cPLDa4lfZ2WasIGA%3A1646965861263&source=hp&ei=ZbQqYv7QDPKs0PEPhf2tmAw&iflsig=AHkkrS4AAAAAYirCdVwLJ2yZJOXXV99c4fvS3J6Pw-Pt&ved=0ahUKEwi-l_X4gb32AhVyFjQIHYV-C8MQ4dUDCAk&uact=5&oq=assessing+durabily+and+rating+varied+supply+lines&gs_lcp=Cgdnd3Mtd2l6EAMyBQghEKsCMgUIIRCrAjoECCMQJzoRCC4QgAQQsQMQgwEQxwEQ0QM6CwgAEIAEELEDEIMBOg4ILhCABBCxAxDHARCjAjoFCC4QgAQ6CwguEIAEEMcBEKMCOg4ILhCABBCxAxDHARDRAzoFCAAQgAQ6CAgAEIAEELEDOgsILhCABBDHARCvAToFCAAQsQM6CAguEIAEENQCOggILhCABBCxAzoLCC4QgAQQsQMQgwE6CwguEIAEELEDENQCOgcIABCABBAKOgYIABAWEB46CAgAEBYQChAeOgUIABCGAzoICAAQCBANEB46CAghEBYQHRAeOgcIIRAKEKABUABYvqYBYPKqAWgAcAB4AIAB4AOIAdtykgENMC4xMC4xMC4xOS4xMJgBAKABAQ&sclient=gws-wiz
It is good that the White House is concerned about a few obvious supply chains.
I wish they were equally concerned about keeping the electric grid operating. Other priorities should include keeping the fresh water system operating, so people have fresh water supplied to their homes and apartments. Also maintaining roads, bridges, and lock systems on rivers.
Everybody here is dependent on, and somewhat informed as to how the system over all is managing roads (with their great dependence on oil.)
Few people know that Zelensky had to learn the Ukranian language.
”Zelenskyy’s teacher calls him a clown, she didn’t vote for him for that reason and because she didn’t trust a guy who didn’t even speak good Ukrainian. One who made offensive jokes “if Putin sends us tanks in return we send him our beautiful girls”
https://twitter.com/claudiomontar/status/1501687797333245953?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501687797333245953%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fvoxnews.info%2F2022%2F03%2F10%2Fla-maestra-di-zelensky-lo-boccia-non-lho-votato-e-un-pagliaccio%2F
(part second about learning Ukranian language…)
”Zelensky is Jewish, he comes from the traditionally pro-Moscow southeastern Ukraine and speaks Russian as his mother tongue – and so he was perceived as someone who would oppose warmongering, xenophobia, and religious extremism. People thought that he would denounce Poroshenko’s ‘army, language, and faith’ triad. The voters wanted to believe someone, and Zelensky seemed to fit the part.”
https://visionnewspapers.com/from-peacemaker-to-warmonger-tragic-downfall-of-ukraines-volodymyr-zelensky/
And also:
”At the beginning he was struggling with Ukrainian but surprisingly he learned very fast.”
https://www.reddit.com/r/ukraine/comments/sjowbz/how_is_zelenskys_ukrainian/
If you add that he was an actor playing the role of a comic inside an american tv series for the ukranian market, in which he became President from being a teacher, there is a lot to understand.
This is one of the comments from the reddit comment thread:
Thank you for this deepening, I didn’t know.
But this makes also understand that Ukriane is a complex Country and only talk about Ukranian identiity and language against Russian one, as we do here, it is a false story.
In fact it is not even a country. It is a bunch of different ethnicities thrown together.
Well, not every actor is as good as Ronald.
The head of the Russian orthodox church endorses the war in Ukraine as a war against a Satanic West.
“Ukrainian military intelligence has captured an apparently authentic Russian military officer’s handbook which describes Putin’s army as “the last bastion against the Satanic new world order.” There’s ample evidence that such religiously-inspired apocalyptic thinking has infiltrated many minds in Moscow, including highly-placed ones, an alarming prospect which implies there will be no easy end to Russia’s aggression against Ukraine.” John R Schindler
There’s an apocalyptic feeling to this war
Bring it! It will be my 3rd for the last 3 decaes.