|
Getting your Trinity Audio player ready...
|
Most people have a preconceived notion that there will be a clear winner and loser from any war. In their view, the world economy will go on, much as before, after the war is “won” by one side or the other. In my view, we are basically dealing with a no-win situation. No matter what the outcome, the world economy will be worse off after the fighting stops.
The problem the world economy is up against is the depletion of many kinds of resources simultaneously. This depletion is made worse by rising population, meaning that the resources available need to provide an adequate living for an increasing number of world inhabitants. Because of depletion, the world economy is reaching a point where it can no longer grow in the way it has in the past. Inflation, food shortages and rolling blackouts are likely to become increasing problems in many parts of the world. Eventually, the population is likely to fall.
We are living in a world that is beginning to behave like the players scrambling for seats in a game of musical chairs. In each round of a musical chairs game, one chair is removed from the circle. The players in the game must walk around the outside of the circle. When the music stops, all the players scramble for the remaining chairs. Someone gets left out.
In this post, I will try to explain some of the issues.
[1] In a world with inadequate resources relative to population, conflicts are likely to become increasingly common.
The Russia-Ukraine conflict is one example of a resource-associated conflict. The allies underlying the NATO organization have chosen to escalate the Russia-Ukraine conflict, in part, because the existence of the conflict helps to hide resource shortages and accompanying high prices that are already taking place. No matter how the war is stopped, the underlying resource shortage issue will continue to exist. Therefore, the conflict cannot end well.
If sanctions lead to less trade with Russia (or even worse, less trade with Russia and China), the world economy will have an even greater problem with inadequate resources after the war is over. In fact, many parts of the current economic system are in danger of failing, primarily because depletion is leading to too little energy and other resources per capita. For example, the US dollar may lose its reserve currency status, the world debt bubble may pop, and globalization may take a major step backward.
[2] There is a huge resource depletion issue that authorities in many countries have known about for a very long time. The issue is so frightening that authorities have chosen not to explain it to the general population.
Mainstream media (MSM) practically never mentions that there is a major issue with resource depletion. Instead, MSM tells a narrative about “transitioning to a lower carbon economy,” without mentioning that this transition is out of necessity: The world is up against extraction limits for many kinds of resources. Besides oil, coal and natural gas, resources with limits include many other minerals, such as copper, lithium, and nickel. Other resources, including fresh water and minerals used for fertilizer are also only available in limited supply. MSM fails to tell us that there is no evidence that a transition to a low carbon economy can actually be made.
[3] The big depletion issue is affordability of end products made with high priced resources. The cost of extraction rises, but the ability of the world’s citizens to pay for end products made using these high-cost resources doesn’t rise. Commodity prices do not rise enough to cover the rising cost of extraction. When this affordability limit is hit, it is the resource extracting countries, such as Russia, that find themselves in a terrible situation with respect to the financial well-being of their populations.
The big issue that hits because of depletion is a price conflict. Businesses extracting resources need high prices so that they can reinvest in new mines, in ever more costly locations, but consumers cannot afford these high prices.
In a sense, the higher cost is because of “inefficiency.” As a result of depletion, it takes more hours of labor, more machine time, and a greater use of energy products to extract the same quantity of a given resource that was previously extracted elsewhere. Growing efficiency tends to help wages, but growing inefficiency tends to work the opposite way: Wages don’t rise, certainly not as rapidly as prices of end products.
As a result, commodity exporters, such as Russia, are caught in a bind: They cannot raise prices enough to make new investments profitable. The problem is that the world’s consumers cannot afford the resulting high prices of essentials such as food, electricity and transportation. Russia reports very high reserve amounts, especially for natural gas and coal. It is doubtful, however, that these reserves can actually be extracted. Over the long term, selling prices cannot be maintained at a sufficiently high level to cover the huge cost of extracting, transporting and refining these resources.
The success of a country’s economy can, in some sense, be measured by the country’s per capita GDP. Russia’s GDP per capita has tended to lag far behind that of the US (Figure 2).
Russia’s inflation-adjusted GDP per capita fell after the collapse of the central government of the Soviet Union in 1991. It was able to grow again, once oil prices began to rise in the early 2000s. Since 2013, Russia’s GDP per capita growth has again fallen behind that of the US, as increases in oil and other commodity prices again lagged the rising cost of production. Given these difficulties with depletion, Russia is becoming increasingly unwilling to ignore poor treatment it receives from Ukraine.
There may be another factor, as well, leading especially to the escalation of the conflict. The US seems to covet Russia’s resources. Some powers behind the throne seem to believe that Western forces supporting Ukraine can quickly win in this conflict. If such an early win occurs, the aim is for Western forces to step in and inexpensively ramp up Russian resource extraction, allowing the world a new source of cheap-to-produce fossil fuels and other minerals.
In this context, Russia launched an attack on Ukraine on February 24, 2022. Ukraine has presented Russia with problems for many years. One issue has been transit fees for natural gas passing through the country; is Ukraine taking too much gas out? Another problem area has been the rise of the far-right Azov regiment. Russia has also expressed concern that NATO has been training soldiers within Ukraine, even though Ukraine is not a member of NATO. Russia doesn’t want military, trained by NATO, at its doorstep.
[4] World economic growth very much depends on growing energy consumption.
There are two ways of measuring world GDP. The standard one is with the production of each country measured in inflation-adjusted US$, with the changing relative value to the US$ considered. The other approach uses “Purchasing Power Parity” GDP. The latter is supposedly not affected by the changing level of the dollar, relative to other currencies. Inflation-Adjusted Purchasing Power Parity GDP is only available for 1990 and subsequent years. Figure 3 shows the high correlation between energy consumption and PPP GDP during the period from 1990 through 2020.
The reason for a strong association between GDP growth with energy consumption growth is a physics-based reason. Producing goods and providing services requires the “dissipation” of energy products because the laws of physics tell us that energy is required to move any object from one place to another, or to heat any object. In the latter case, it is the individual molecules within a substance that move faster and faster as they get hotter. The economy is a “dissipative structure” in physics terms because of the need for energy dissipation to provide the work needed to make the system operate.
Human beings are also dissipative structures. The energy that humans get comes from the dissipation of the energy found in foods of every kind. Food energy is commonly measured in Calories (technically, kilocalories).
[5] World economic growth also seems to depend on factors besides energy consumption.
The fitted equation on Figure 3 (the equation beginning with “y”) implies that GDP is rising much more rapidly than energy consumption, almost twice as rapidly. Over the entire 30-year period, the actual growth rate in energy consumption averages about 1.8% a year. If energy consumption growth had really been 1.8% per year, the fitted equation implies that growth in GDP would have greatly sped up over the period. (In fact, the growth rate in energy consumption was falling over the 30-year period, but GDP grew at closer to a constant rate. In terms of the fitted equation, these two conditions are equivalent.)
How can GDP rise so much more rapidly than energy dissipation? There seem to be several ways such a higher rate of increase can occur, on a temporary basis:
[a] A worldwide trend toward an economy using more services. The production of services tends to require less energy consumption than the production of essential goods, such as food, water, housing and local transportation. As the world economy gets wealthier, it can afford to add more services, such as education, healthcare, and childcare.
[b] A worldwide trend toward more wage and wealth disparity. Such a trend tends to happen with more specialization and more globalization. Strangely enough, a trend to more wage disparity allows the world economy to continue to grow without adding a proportionately greater amount of energy consumption use because of the different spending patterns between low-paid workers and high-paid workers.
Analyzing the situation, the world is filled mostly with low-paid workers. To the extent that the pay of these low-paid workers can be squeezed down, it can prevent these workers from buying goods that tend to use relatively high amounts of energy products, such as automobiles, motorcycles and modern homes. At the same time, growing wage disparity allows the higher-paid workers to be paid more. These higher-paid workers tend to spend a disproportionate share of their income on services, such as education and healthcare, which tend to consume less energy.
Thus, greater wage disparity tends to shift spending away from goods and toward services. The main beneficiaries are the top 1% of workers (who buy mostly services, requiring little energy consumption), rather than the remaining 99% (who would really like goods such as a car and their own home, which require much more energy consumption).
[c] Improvements in technology. Improvements in technology are helpful in raising GDP because technological improvements tend to make finished goods and services more affordable. With greater affordability, more people can afford goods and services. This effect is favorable for allowing the economy, as measured by GDP, to grow more quickly than energy consumption.
There is a catch associated with using improved technology to make goods and services more affordable. Improved technology tends to increase wage disparity because it nearly always leads to owners and a few highly educated workers being paid more, while workers doing the more routine parts of processes are paid less. Thus, it tends to lead to the problem discussed above: [b] A trend toward wage and wealth disparity.
Also, with improved technology, available resources tend to be depleted more quickly than without improved technology. This happens because finished goods are less expensive, so more people can afford them. Once resources start getting exhausted, improved technology can’t fix the situation because resource extraction costs are likely to rise more rapidly than can be offset with the impact of new technology.
[d] A worldwide trend toward more debt at ever-lower interest rates.
We all know that the monthly payment required to purchase a car or home is lower if the interest rate on the debt used to finance the purchase is lower. Thus, falling interest rates can make paychecks go further. Both businesses and citizens can afford to purchase more goods and services using credit, so the overall level of debt tends to rise with falling interest rates.
If we are only considering the period from 1990 to the present, the trend is clearly toward lower interest rates. These lower interest rates are part of what is making the GDP growth higher than what would be expected if interest rates and debt levels remained constant.
[6] The world economy now seems to be reaching limits with respect to many of the variables allowing world economic growth to continue as it has in the past, as discussed in Sections [4] and [5], above.
Figure 6 shows that there have been two major step-downs in world inflation-adjusted per capita PPP GDP. The first one occurred in the 2008-2009 period; the second one occurred in 2020. Figure 7 shows the sharp dips in energy consumption occurring in the same time periods.
In 2021, energy prices started to rise rapidly when the world economy tried to reopen. This rapid rise in prices strongly suggests that energy extraction limits are being reached.
Another clue that energy production limits are being reached comes from the fact that the group of oil exporters, OPEC+, found that they couldn’t actually ramp up their oil production as quickly as they promised. Once oil production is cut back because of inadequate prices, it is hard to get production to rise again, even if prices temporarily rise because the many pieces of the chain supporting this extraction are broken. For example, trained workers leave and find jobs elsewhere, and contractors go out of business because of inadequate profits.
If we think about it, Items [5a], [5b], [5c] and [5d] are all reaching limits as well. Item [5d] is probably clearest: Interest rates can no longer be lowered. In fact, nearly everyone says that interest rates should now be raised because of the high inflation rates. If interest rates are raised, commodity prices, including prices for fossil fuels, will fall.
With lower fossil fuel prices, there will be pressure for oil, gas and coal producers to reduce their production, even from today’s lower levels. Because of the tight connection between energy and GDP, lower energy production will tend to push economies further toward contraction. Of course, this will make resource exporters, such as Russia, worse off.
As the world economy enters recession, we can expect that Item [5a], the shift from goods toward services, to turn around. People with barely enough money for necessities will reduce their use of services such as haircuts and music lessons. Item [5b], globalization and related wage disparity, is already under pressure. Countries are finding that with broken supply chains, more local production is needed. In the US, recent wage gains have tended to go to the lowest-paid workers. Item [5c], technology growth, cannot ramp up as resources needed from around the world are increasingly unavailable, due to broken supply chains and depletion.
[7] We are likely facing a collapsing world economy because of the limits being reached. Adding sanctions against Russia will further push the world economy in the direction of collapse.
Many sources report that Russian exports of wheat, aluminum, nickel, and fertilizers will be “temporarily” disrupted. A few sources note that Russia plays an important role in the processing of uranium fuel used in nuclear power plants. According to the Conversation:
Most of the 32 countries that use nuclear power rely on Russia for some part of their nuclear fuel supply chain.
We have become used to efficient air travel, but sanctions against Russia make this less possible, especially for flights to Southeast Asia. A Bloomberg article called Siberian Detour Requires Airlines to Retrace Cold War Era Routes gives the example of direct flights from Finland to Southeast Asia being canceled because they have become too expensive and are too time-consuming with the required detours. It becomes necessary to fly indirect connecting routes if a person wants to travel. Many other routes have similar problems.
US President Joseph Biden is warning that food shortages are likely in many parts of the world as a result of the sanctions placed against Russia.
According to a video shown on Zerohedge,
“It’s going to be real. The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.”
If the world economy were doing well, and if Russia were a tiny part of the world economy, perhaps the sanctions could be tolerated by the world economy. As it is, the Russia-Ukraine conflict acts to hide the underlying resource shortage problem. This is possible because, with the conflict, the resource shortages can be described as “temporary” and “necessary” in the context of the terrible things the Russians are doing. The way the West frames the problem provides a scapegoat to deflect anger toward, but it doesn’t fix the problem.
Russia started out being very disadvantaged because commodity prices, in recent years, have not been rising high enough to ensure an adequate living for Russian citizens and high enough tax revenue for the Russian government. Adding sanctions against Russia will simply make Russia’s problems worse.
[8] There is little reason to believe that Russia will “give up” in response to sanctions imposed by the United States and other countries.
The attacks by Russia of Ukrainian sites seems to be occurring for many related reasons. Russia can no longer tolerate being inadequately compensated for the resources it is extracting and selling to Ukraine and the rest of the world. It is tired of being “pushed around” by the rich economies, especially the United States, as NATO adds more countries. It is also tired of NATO training Ukrainian soldiers. Russia seems to have no plan to gain the entire territory of Ukraine; it is more of a temporary police action.
Russia’s underlying problem is that it can no longer produce commodities that the world wants as inexpensively as the world demands. Building all the infrastructure needed to extract and ship more fossil fuel resources would take more capital spending than Russia can afford. The selling price will never rise high enough to justify these investments, including the cost of the Nord Stream 2 pipeline. Russia has nothing to lose at this point. The current situation is not working; going back to it is no incentive for stopping the current conflict.
Russia is in some ways like a heavily armed, suicidal old man, who can no longer earn an adequate living. The economic system of Russia is no longer working as it should. Russia is incredibly well-armed. The situation reminds a person of the story of Samson, in his old age, taking down the temple of the Philistines and losing his own life at the same time. Russia has no reason to back down in response to sanctions.
[9] Leaders of the world, including Joe Biden, appear to be oblivious to the situation we are facing.
Leaders of the world have created ridiculous narratives that overlook the critical role commodities play. They seem to believe that it is possible to cut off purchases from Russia with, at most, temporary harm to the rest of the world economy.
The history of the world shows that the populations of many civilizations have outgrown their resource bases and have collapsed. Physics points out that this outcome is almost inevitable because of the way the Universe is constructed. Everything is constantly evolving, even economies. The climate is constantly evolving, as are the species inhabiting the Earth.
Elected leaders need a story of everlasting growth that they can tell their citizens. They cannot even consider the physics-based way the world economy operates, and the resulting expected pattern of overshoot and collapse. Modelers of what are intended to be long-lasting structures cannot accept this outcome either.
Limits which are defined based on affordability of end products are incredibly difficult to model, so creative narratives have been developed suggesting that humans can move away from fossil fuels if they so desire. No one stops to think that economies cannot continue to exist using a much lower quantity of energy, any more than an adult human can get along on 500 calories a day. Both are dissipative structures; the ongoing energy requirement is built in. Factories close when electricity, diesel and other energy products are cut off.
[10] The sanctions and the Russia-Ukraine conflict cannot end well.
The world economy is already on the edge of collapse because of the resource limits it is hitting. Intentionally stopping Russia’s output of resources like fertilizer and processed uranium is certain to make the situation worse, not better. Once Russia’s output is stopped, it is likely to be impossible to restart Russia’s production at the same level. Trained workers who lose their jobs will likely find jobs elsewhere, for one thing. The shortfall in output will affect countries around the world.
The United States dollar is now the world’s reserve currency. The sanctions being applied indirectly encourage countries to use other currencies to work around the sanctions. There seems to be a substantial chance that the US economy will lose its role as the center of international trade. If such a change takes place, the US will no longer be able to import far more than it exports, year after year.
A major issue is the huge amount of debt most countries of the world have. With a rapidly slowing world economy, repaying debt with interest will become impossible. Debt defaults will further wreak havoc with the world economic system.
We don’t know the exact timing of how this will play out, but the situation does not look good.
eddy
there just has to be another subject you are a world authority on
i am keeping a reserve of awe back, in anticipation of it
Bourla said we were criminals (actually said this) who questioned him and his vaccine. We as contrarians and skeptics are criminals in Bourla’s mind. But who is the criminal Albert? It is not I or Malone or McCullough or Risch or Vanden Bossche who brought this failed injection and harmful injection? It is you.
Not so fast… anyone trying to stop the CEP… if successful… will be responsible for Ripping of Faces…
They all know at CDC and NIH and NIAID, all the leaders and people in govn, that this pandemic will go on as long as we continue vaccinating with these particular vaccines. Was it designed so? Deliberate? They cannot be all that collectively stupid and inept. Cannot. Something other than science and immunology and vaccinology is at play here.
https://palexander.substack.com/p/they-cdc-nih-fauci-francis-collins
They, CDC, NIH, Fauci, Francis Collins, Walensky, Pfizer’s CEO Bourla, Moderna’s Bancel, all of these people, NIAID, Health Canada, PHAC Canada, SAGE, NHS etc, cant declare pandemic over; VACCINE!
They each know, basic immunology, as long as you inoculate ‘into’ an epidemic or pandemic with high infectious pressure, using a non-sterilizing injection that does not stop transmission, then….
…you will never cut the chain of transmission and will never EVER get to population level herd immunity given the hobbled sub-optimal vaccinal antibodies that do not sterilize (neutralize) the virus (eliminate it); they know that basic evolutionary biology will see Darwinian natural selection functioning to ‘select’ from among the prevailing variants (that come from us who are infected), the variants that are the ‘fittest’ and have a ‘competitive advantage’; these will be selected and enriched in the environment (proliferate) and the most ‘fittest will become the new dominant sub-variant; highly infectious for it could overcome the sub-optimal immune pressure that was not working to eliminate the virus, just placing the virus infectiousness (aka the ‘spike protein) under pressure and the result is highly infectious variants and as such the pandemic WILL never end. It is designed with these vaccines to go for 100 years. In the infectious variants, could emerge a more virulent lethal one that could threaten humanity and this is a real possibility, rare as it may be.
https://palexander.substack.com/p/they-cdc-nih-fauci-francis-collins
A person would think that it is becoming obvious that the vaccine is making the transmission much worse. Whether anyone can admit this, after they have made the unvaccinated the scapegoats, is really doubtful, I am afraid.
Most people think “vaccine” means magical treatment.
I am afraid these agencies are dug in so far, they can never get out.
They believe whatever the MSM tells them to believe.
They do – whatever the MSM tells them to do.
You can force feed them irrefutable facts and logic and that will have zero impact on them.
See norm. See anna. See mike.
Yet, Eddy, the simple fact that the PCR test is not a diagnostic tool has zero impact on you…
moonlanding—eddyhoax
wtc—eddyhoax
global warming—eddyhoax
covid—eddyhoax
vaccines –eddyhoax
OFW now has a resident flat earther eddy—with all the necessary proof
all your christmases rolled into one eddy
Self-organizing systems, powered by energy dissipation, work strangely. To some, they look like conspiracies. To others, they look like hoaxes. In fact, systems do tend to work together in very strange ways that are difficult to understand. If a person doesn’t understand how they work, that person is likely to label the result as a hoax.
Civilization is an agricultural operation. Agricultural civilization is the only form of civilization. Agricultural operations are not self-organizing systems. They are MANAGED systems.
Since biological life never chooses to be farmed by a managerial elite, the farming can only EVER be had alternately by force and guile, and the intensity of force and guile is directly proportional to the size of the People Farm.
In the golden age of oil, to most people being farmed, it almost seemed like the managerial ellders no longer existed and that we were instead being serenely watched over by machines of loving grace. That’s peak guile!
And so it is that nobody here can produce any Reason-based evidence in the existence of viruses. When it comes to Germ Theory, the scientific method goes out the window. Now THAT is the profound guile behind mind control.
Microbial ‘pathogens’are simply anaerobes that eat dead tissues. They cannot eat or be near the healthy, oxygenated cells of aerobic organisms like ourselves, because they occupy a different ecological niche, therefore they cannot cause disease. Their job is to clear existing disease when the disease results in hypoxic and dying cell tissues. It’s that simple. This is soil science 101 yet when it comes to human health this biological axiom goes out the window.
Things that make you go hmmm.
Just as the CEP = mass suicide… one would assume that nature cannot self organize like this … nor would it… we are observing an intervention … that is violating all the rules of nature… and consciously attempting to exterminate an a species….
Lemmings are known for their behavior. I am sure that there are other species that have
Also, the goal is not necessarily extermination. It could be population reduction to match the level of resources available, whatever that may be. Unfortunately, such a reduction will take place, one way or another. Such reduction normally allows the “fittest” in some sense to live. The fittest may survive, even if the Rothchilds or others with motives of population reduction are behind the scheme.
I understand that lemming suicide is a myth… https://www.britannica.com/story/do-lemmings-really-commit-mass-suicide
In any event if this is suicide .. it is a very sophisticated suicide plan… orchestrated by a small number of the species who are very much conscious of what they are doing. Who are aware that the only alternative of Ripping Faces (including their faces…) and they have made a decision to pre-empt that.
This violates Mr DNA’s prime directive… Mr DNA is being fooled by these people — he thinks they are injecting the his storage vessels to save them so he can continue to do what he has done for millions of years… he is completely oblivious to the CEP…
Mr DNA is at the end of the day a very primitive organism… he cares only about eating and humping…and fighting when necessary…. but when you put the forces of sophisticated propaganda against him … he is clueless..
You can fool him with one of these
https://www.famplan.org.hk/files/health-info/FamilyPlanning_FPAHK_Contraceptive_Methods_Male_Condom.jpg
this is exactly the point i keep trying the hammer home.
the processes involved in energy dissipation, result in unpremeditated self organisation.
a herd of stampeding buffalo, or a million herring, or flock of starlings, or 50000 football supporters— have one thing in common—they are engaged in the dissipation of their collective reserve of energy.
just why, might involve any number of reasons…..that isn’t the point.
It looks as though they are ‘conspiring’—they are not. 50000 football supporters creating mayhem in a town get a ‘feelgood’ factor out of it. But the feelings are on an individual, one to one basis.
there is no ‘purpose’, no ‘conspiracy’.
They have some kind of collective instinct, which ultimately must have a ‘purpose’—that purpose must somehow link into the ‘creative urge’—the football supporter feel more ‘manly’—something that is missing in his everyday life.
but to the onlooker–it looks like they are conspiring.. A few might conspire beforehand, knowing that the thoughtless mob are easily influenced.
They have ‘spare energy’–they are influenced to dissipate it–it ‘feels good’, they go home with a feeling of self satisfaction
The epidemiologial data comming from Scotland is very telling that indeed ‘vaccine is making the transmission much worse’ in regards to C19
How is ‘transmission’ determined, Geno?
I believe that all of us here (even you) are sufficiently educated and now how to search for the definition of a term
I didn’t ask you for the definition of transmission. I asked you how it was determined regarding ‘covid.’ I get that you don’t want to go down this road. I can assure you there’s nothing to be afraid of. It doesn’t lead to flat earth theory, it leads to the biological truth. It leads to what our ancestors have always known, and it leads to that which the Elder Louis Pasteur stole from us, got rich off of, and admitted as much on his deathbed.
I disagree Geno!!!
I was just in town picking up a pallet of coal (and the caviar… ) and I finished that Orwell audio book … long story short I forgot to download another book so I decided to turn on the radio as I was wondering what the messaging for covid is at the moment…
And within seconds – I get an urgent pleading to get the booster shot ‘to SLOW the spread of Covid in the community’… and it was suggested that when boosting if you know anyone who has not been jabbed invite them along …
So there you have it – the radio says the shots slow the spread of Covid — which is odd given covid is raging everywhere….
Ah right … it would have been 10x worse if not for the shots… (even though the vaxxed are experiencing negative efficacy so more likely to get covid — but that’s too confusing … easier to just say it could be worse)
Russia-Ukraine live news: Ukraine says 410 civilian bodies found
Ukrainian prosecutor says the bodies of 410 civilians have been recovered in the Kyiv region following the withdrawal of Russian forces.
Ukrainian mayor shows dead bodies from Bucha
The mayor of a recently liberated Ukrainian city has accused Russian troops of deliberately killing civilians during their month-long occupation of his town.
hahahahahahahahahaha…. fake
bit like the fake paralympians eddy?
i wonder much they have to pay a crisis actor to get dead
We have video of those slithering deformities playing volleyball – I say it’s real.
And the empty stands – also real — who wants to watch this bullshit…
What we need is a tranny games — and let’s also have an obesity games.
Minimum 500 pounds to get entered in the obesity games… now THAT – I would watch!
How about a Vaxxed MOREON Games — as we hit the 5th booster the last man/woman standing … wins hahahahaha…
Tennis is gonna be like Formula One back in the day — when drivers died like flies… hahahahahahaha… MORE BOOSTERS!! MOre MORE moRE!!!
https://freewestmedia.com/2022/04/02/tennis-world-shocked-after-scores-of-players-drop-out-of-miami-open/
At there the going rate cannot be more than $100/day
100$ a day for life seems reasonable
In the video released by the ukr authorities 1 of the ‘dead bodies’ is moving with his hand and aborher one is seen to roll over and sit on the pavement.
My opinion is that this is a false flag carried by see I eye and friends. Even the name of the town (Bucha) sounda like butcher. The narrative should be very simple and easily remembered otherwise the normies would not pick it up.
More mind control here.. https://twitter.com/jamespa74499104/status/1329050625036980224
So we dress this guy up in a sci fi suit and have him tell us about the NWO and Great Reset…. which are impossible….
So why would they do this… oh right … a head fake… everyone is talking about Klaus… how he looks evil… no CEP here… it’s a great reset … starring Greta… sounds good!
The MOREONS are run around in circles day after day after day … no wonder they are confused…
Shale binge has spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
Shale boss says US has passed peak oil | Financial Times https://www.ft.com/content/320d09cb-8f51-4103-87d7-0dd164e1fd25
Mikhail Khodorkovsky: Russia could also end up like Iran, with its leader continuing till his death.
https://youtu.be/OfYVX5ZWxBA
Mike is still butthurt that Putin didn’t let him stole his pen. Poor little mike
You mean Oleg Deripska?….that was who tried to take the pen and Putin told him to take it back not Khodorskovsky
My bad. I have made a mistake. You are right, it was Deripaska. All thise oligarchs look similar to me.
Interesting 12 minute interview with former Russian oil company oligarch Mikhail Khodorkovsky, now living in exile in the UK. YouTube title is, ” Putin realizes ‘there can be no military solution.'” Khodorkovsky thinks that Putin may have gone in with incorrect intelligence about both Russian capabilities and Ukrainian capabilities. Putin wanted regime change in Ukraine, but this is not happening. There is a danger that Putin, when he looks at his current options, will escalate the situation to a nuclear war. Khodorkovsky calls Putin a “thug.”
Usually, if a dictator is deposed, it is either by someone in his immediate circle or by the army. Or, he remain for life. The other option is that Russia could also end up like Iran, with its leader continuing till his death.
This idea is being floated more and more but it does not seem very plausible imo. The russians did very well in Syria and Ukraine is their background. Gen. McGreggor is of the opinion that Putin is achieving all his objectives in Ukraine on time and some even in advance and I think he knows what he is talking about. Also i don’t believe they want regime change, it seems they want to annex (or puppet) eastern Ukraine up to Odessa and landlock Ukraine. The political statementa inaide Russia since 24th Feb are indicative of that, they are openlu saying that the russian speakers of eastern Ukraine nevwr will be safe as part of Ukraine. As for Zelensky and the rulling ellites of Ukraine thwy won’t be any threat for decades to come given the level of destruction of their military infrastructure and industry. They can have all the light strike weapons they want but without air force, C4SIR, power projection platforms and armored fleets they can’t be a threat to Russia. I even think that Russia wants to make an example of Ukraine and for this example to work Zelensky should stay in power and reign over the historical borders of Ukraine – Galicina and Kiev.
Khodorkovsky calls Putin a mafia guy, as KGB was a mafia. This seems to be a correct grasp of the reality. The mafia in Sicilly was also supported by the locals, as there were no options to survive.
The criminal regime is a sign that the population is living above its means. Given the huge amounts of energy needed for the survival in the cold climate, this is true.
It was the new technology for Russian oil an natural gas production that made Khodorkovsky rich and gave Putin the feeling that he has power.
Putin would certainly be upset if his means of power were taken away from him, as when Khodorkovsky stopped supporting him.
Also, we know that inadequate energy dissipation per capita tends to lead to wage and wealth disparity. This is what leads to the strange power structure we see in Russia.
Gail, I stumbled upon interesting article which delves into Russia’s millitary capabilities. Perhaps you will be interested in it:
https://readingjunkie.com/2022/04/02/we-seriously-underestimated-russia-our-own-propaganda-is-killing-us/
It just dawned on me that Putin may not be in the Elders’ medium-term or long-term plans. I have considered him the politician of Collapse — however long it lasts — on whom the future politicians will be modeled, and I still think that to be the case but now i’m wondering if that future will actually include him or whether he’s slated to be a sacrificial lamb. He’s a highly valuable possession of the Elders for sure, and his death might symbolize that of their cherished Globalism upon which they will look back fondly.
I’m doubtful the the elders have much control over Putin. Putin’s power, to the extent he has power, comes from the resources that Russia has. Those resources will remain, even if Putin is out of power.
Of course, if the resources are mostly too expensive to extract, that becomes a big problem for Putin and for the world.
Putin’s power comes from Putin.
That is, Putin himself is the decisive factor in current developments.
Russia has always had the resources.
But now it has an extraordinary capable and courageous leader, one who has chosen a very capable team. .
Resource extraction requires financing. Letters of credit. Whoever controls the credit controls the Putain, n’est ce pas?
Probably. Unless Russian banks are satisfactory to provide the letters of credit.
We will have to wait and see. If Europe is desperate enough for fuel, and fuel is available, letters of credit will be worked out.
My impression is that letters of credit are mostly used for shipping goods over water. The issue right now is buying natural gas through a pipeline. I am not sure that there is a letter of credit involved for that operation.
It’s safe to assume that the central bank of Russia is the architect of Putin’s decree. The bank’s primary constitutional directive is to defend the ruble.
I believe letters of credit are pretty standard for oil and gas exports.
I think in Europe’s case the political establishments will have to fall first before Russia is willing to deal again.
In fact it is the opposite. The russian Duma (parliament) was forced to vote on RCB complementary law. The law in effect installs an overseeing board above Elvira Nibulina (RCB governor) which manages what she is doing. Elvira is well known permanently entrached figure in RCB, part and parcel from their 5th column.
Geno,
Thanks for your previous reply and sorry for messing up your name. Sorry to Xabier for doing the same. I hear you, man, about things being personal for you because of your family ties. It makes it more difficult to remain circumspect. If Russia truly had taken the high road, they could have offered to resettle Russians in Ukraine, and simply stood firm at their borders. That’s true nationalism.
Regarding the RCB, we both know very well that government beareaucracies are the PR departments for the managerial elites, and as such, during populist sea changes, the common sense public relations thinking dictates that the farm operation LOOKS populist, so the PR department makes a populist show of the proceedings.
The beautiful thing about us understanding the energy context is that it helps us see through all the bullshit the PR departments are always peddling, and we ain’t buying it. When Putain points his finger at the empire of lies he’s got three of his own fingers pointing back at him. That’s the civilizational shitshow.
Every one of us here, and everyone that every one of us knows, is descended from the people that chose not to fight to the death against civilization at various times and places in history. We are progeny of those that chose slavery over dying for their freedom as independent peoples. Let’s remember that and honor the warriors of our ancestral lines by not falling for the lies that let the Capture Bonding in.
https://mobile.twitter.com/MoonofA/status/1510635534321860611?cxt=HHwWhoCyhfnA7fYpAAAA
Russian War Crimes?
Russian troops leave Bucha 3.30.22
The mayor calls Bucha liberated (no mention of war crimes) 3.31.22
Neo-Nazis enter Bucha 4.1.22
Russian war crime images in Bucha are released 4.2.22
Strange timing!
“OPEC struggled to deliver even a modest scheduled increase in oil supplies last month, when major consumers were urging the cartel to fill in the gap left by Russia…
“The group has insisted it will stick to the regimen of careful supply hikes agreed last year. But OPEC failed to manage even that, adding just 90,000 barrels a day in March, or roughly a third of the volume planned, according to a Bloomberg survey.”
https://www.bloomberg.com/news/articles/2022-04-01/opec-struggled-with-modest-oil-supply-boost-during-russia-tumult
“Oil Prices Don’t Fully Reflect Russian Supply Risks, Vitol Says…
“[Also] “Everyone was expecting a return of Iranian supplies,” Muller said. Now “nobody believes that’s going to happen in the second quarter. It looks much less likely than it did a few weeks back.””
https://www.bloomberg.com/news/articles/2022-04-03/oil-prices-don-t-fully-reflect-russian-supply-risks-says-vitol
Iran is pumping as much oil as can and sells it to china under the radar. 50 VLLCs are permanently anchored in open sea and used as floating storage to transfer the oil into chona bound tankers.
This is interesting… they try to sell Iran as having extra capacity.
Also I believe that Russia has large amounts but it is diminishing
The fact that Iran is not in a hurry to close the viena negotiations is very telling that they are not pressed to sell more oil as they are most probably pumping at close to maximum capacity
Yeah that is interesting. Do you have evidence for that? I was under the impression the Elders were holding back Iranian capacity for cushioning the global hard landing by removing all sanctions. As with Venezuela and Libya.
Like what they did with Iraq last two decades, sanctions (and war destruction) the first decade, then record production last decade, in order to maintain the undulating plateau.
Looking at EIA production amounts for Iran, at most Iran has available is 1.3 million barrels a day, comparing November 2021 production with the April 2018 peak.
You’re talking exports since the most recent sanctions. Sanctions on Iran over the last ten years have kept at least 2.5 billion barrels off the international market, maybe 3 billion. That’s the cushion I’m talking about. That’s a lot of oil.
When sanctions were lifted in 2016 before they were reinstated, Iran’s total production almost hit 4mbpd and everyone was shocked how quickly they ramped it up. No doubt during collapse they could easily halve domestic consumption.
OPEC production coming in under target seems to happen month after month.
“Shanghai residents plead for food and medicine as authorities lock down city… “Cries for help littered social media this weekend before being deleted by censors, as the city’s case count overtook that of Hong Kong
“Residents on social media said online grocery stores had run out of food while others complained that they could not buy their regular medication. “Who can tell me how to get medicine? I am so hopeless. I want to leave Shanghai,” said one resident.”
https://www.ft.com/content/3e439a10-860b-4ae6-9070-ad8546da8850
“Shanghai Port operations hit by city’s Covid-19 outbreak.
“The city’s current controls are affecting the logistical chain on land, with drivers from neighbouring provinces reluctant to enter over quarantine fears. The world’s largest container port has been operating round the clock with workers kept inside a ‘closed loop’ bubble.”
https://www.scmp.com/economy/china-economy/article/3172932/shanghai-port-operations-hit-citys-covid-19-outbreak
“Layoffs in China’s Tech Sector Stoke Larger Unemployment Fears.
“China’s tech sector, which has in the past decade been one of the strongest job-creating sectors in the world’s second-largest economy, is now laden with stories about frozen headcounts and mass layoffs as tech giants grapple with regulatory crackdowns and a cooling economy.”
https://www.lawfareblog.com/layoffs-chinas-tech-sector-stoke-larger-unemployment-fears
This sounds like a disaster in the making. The rest of the world has been depending on China.
So, Shanghai is still keeping the container port operating. If many people start getting sick, that will be hard to do.
Keep in mind almost 100% of people infected with Covid do not experience serious illness or die… and we were told it was mild…
And lockdowns achieve nothing..
So why would they lockdown the port – or the city…. it makes no sense…
Therefore assume there is another agenda… that involves strangling the global supply chain.. and preparing the billions for the End Game. Starvation. It’s baked into the cake now — with fertilizers at no longer feasible prices + petrol etc prices through the roof.
They’ve guaranteed our extinction — now we just wait in suspended animation — for this to hit.
Now imagine a lethal variant in play … people will be fearful and not venture out of their homes under and circumstances… and they will starve to death.
> ‘Rublegas:’ the world’s new resource-based reserve currency
Rublegas is the commodity currency du jour and it isn’t nearly as complicated as NATO pretends. If Europe wants gas, all it needs to do is send its Euros to a Russian account inside Russia.
The Russian ruble is sitting pretty right now, having regained its pre-sanctions value and set to become a major commodity currency.
Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether.
The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity.
Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, predictably, was misunderstood by the collective west. The Russian government is not exactly demanding straightforward payment for gas in rubles. What Moscow wants is to be paid at Gazprombank in Russia, in its currency of choice, and not at a Gazprom account in any banking institution in western capitals.
That’s the essence of less-is-more sophistication. Gazprombank will sell the foreign currency – dollars or euros – deposited by their customers on the Moscow Stock Exchange and credit it to different accounts in rubles within Gazprombank.
What this means in practice is that foreign currency should be sent directly to Russia, and not accumulated in a foreign bank – where it can easily be held hostage, or frozen, for that matter.
All these transactions from now on should be transferred to a Russian jurisdiction – thus eliminating the risk of payments being interrupted or outright blocked.
It’s no wonder the subservient European Union (EU) apparatus – actively engaged in destroying their own national economies on behalf of Washington’s interests – is intellectually unequipped to understand the complex matter of exchanging euros into rubles.
Gazprom made things easier this Friday, sending official notifications to its counterparts in the west and Japan.
Putin himself was forced to explain in writing to German Chancellor Olaf Scholz how it all works.
Once again, very simple: Customers open an account with Gazprombank in Russia. Payments are made in foreign currency – dollars or euros – converted into rubles according to the current exchange rate, and transferred to different Gazprom accounts.
Thus it is 100 percent guaranteed that Gazprom will be paid.
That’s in stark contrast to what the United States was forcing the Europeans to do: pay for Russian gas in Gazprom accounts in Europe, which would then be instantly frozen. These accounts would only be unblocked with the end of Operation Z, Russia’s military ops in Ukraine.
Yet the Americans want the war to go on indefinitely, to “bog down” Moscow as if this was Afghanistan in the 1980s, and have strictly forbidden the Ukrainian Comedian in front of a green screen somewhere – certainly not Kiev – to accept any ceasefire or peace deal.
So Gazprom accounts in Europe would continue to be frozen.
As Scholz was still trying to understand the obvious, his economic minions went berserk, floating the idea of nationalizing Gazprom’s subsidiaries – Gazprom Germania and Wingas – in case Russia decides to halt the gas flow.
This is ridiculous. It’s as if Berlin functionaries believe that Gazprom subsidiaries produce natural gas in centrally heated offices across Germany.
The new rubles-for-gas mechanism does not in any way violate existing contracts. Yet, as Putin warned, existing contracts may indeed be stopped: “If such [ruble] payments are not made, we will consider this to be the buyers’ failure to perform commitments with all ensuing implications.”
Kremlin spokesman Dmitri Peskov was adamant that the mechanism will not be reversed under the current, dire circumstances. Still that does not mean that the gas flow would be instantly cut off. Payment in rubles will be expected from ‘The Unfriendlies’ – a list of hostile states that includes mostly the US, Canada, Japan and the EU – in the second half of April and early May.
For the overwhelming majority of the Global South, the overarching Big Picture is crystal clear: an Atlanticist oligarchy is refusing to buy the Russian gas essential to the wellbeing of the population of Europe, while fully engaged in the weaponization of toxic inflation rates against the same population.
Beyond Rublegas
This gas-for-rubles mechanism – call it Rublegas – is just the first concrete building block in the construction of an alternative financial/monetary system, in tandem with many other mechanisms: ruble-rupee trade; the Saudi petroyuan; the Iran-Russia SWIFT- bypassing mechanism; and the most important of all, the China-Eurasia Economic Union (EAEU) design of a comprehensive financial/monetary system, with the first draft to be presented in the next few days.
And all of the above is directly linked to the stunning emergence of the ruble as a new, resource-based reserve currency.
After the predictable initial stages of denial, the EU – actually, Germany – must face reality. The EU depends on steady supplies of Russian gas (40 percent) and oil (25 percent). The sanction hysteria has already engineered certified blowback.
Natural gas accounts for 50 percent of the needs of Germany’s chemical and pharmaceutical industries. There’s no feasible replacement, be it from Algeria, Norway, Qatar or Turkmenistan. Germany is the EU’s industrial powerhouse. Only Russian gas is capable of keeping the German – and European – industrial base humming and at very affordable prices in case of long-term contracts.
Disrupt this set up and you have horrifying turbulence across the EU and beyond.
The inimitable Andrei Martyanov has summed it up this way: “Only two things define the world: the actual physical economy, and military power, which is its first derivative. Everything else are derivatives but you cannot live on derivatives.”
The American turbo-capitalist casino believes its own derivative “narrative” – which has nothing to do with the real economy. The EU will eventually be forced by reality to move from denial to acceptance. Meanwhile, the Global South will be fast adapting to the new paradigm: the Davos Great Reset has been shattered by the Russian Reset.
https://thesaker.is/rublegas-the-worlds-new-resource-based-reserve-currency/
In my opinion, the system as set up is simple. They are probably forcing rubles to repatriate. Once a sufficient amount is back, they can always say that now a gram of gold costs 4000 rubles (currently 5000).
If the EU wants Russian gas then they will have to actually PAY for it. They will have to give money to the Russian bank, and not ‘pay’ for it in dollars that are ‘kept’ somewhere else, and liable to be stolen (‘sanctioned’). And the ruble is thus accumulated and strengthened. It makes sense to me.
USA and its UK and EU ‘poodles’ have forced that shift in policy. The dollar no longer has its attractions as a petro and reserve currency. Everyone, except for the USA ‘poodles’, is starting to bail on the dollar. Biden has shot the USA in the face, big time.
The global dissipative structure is now reforming itself away from USA hegemony. It can use a heavy dose of ‘foolishness’ among the narratives, that it generates, to facilitate that, and the foolish narratives, and acts, of Biden are evidence of that. It is ‘morally right to sanction Russia’, and so ends USA hegemony.
The dissipative structure is using the foolishness of the ‘diapers gang in the white house’ to reform itself. It uses both human ‘virtues’ and human ‘vice’ to function. Indeed, one could even say that the foolishness of Biden is ‘virtue’ from the perspective of the global, if not the local, dissipative structure.
The USA local structure is weakening, and it is ideologically weakening, which facilitates the global structure to reform away from USA hegemony and toward other parts of the world. The global dissipative structure can use ‘heroes’ and it can use ‘clowns’, depending on the conditions and what it is aiming at.
Some nations are clearly getting feistier in their attempts to circumvent and undermine the dollar’s dominance and the unfair advantages it confers on the US, but foreign demand for dollars has actually been increasing since the invasion started, as it is considered a safe haven.
Interestingly, it is another safe haven, the Japanese Yen, which has been wobbling
“How Japan’s Yen ‘Lost Its Mojo’ as a Safe Haven…
““The yen’s failure to rise in a risk-off environment indicates the increasing influence of commodity prices and ensuing terms-of-trade shock,” Tohru Sasaki, head of Japan markets research at JPMorgan Chase & Co., wrote in a recent note. “The vicious cycle between a deteriorating trade balance and falling yen may have started.””
https://www.bloomberg.com/news/articles/2022-03-31/shifts-in-yen-signal-japan-lost-its-mojo-as-supreme-safe-haven
“foreign demand for dollars has actually been increasing since the invasion started, as it is considered a safe haven”
Source?
From which currency are they shifting, Euros, pounds?
What matters in the shift away from the dollar is not what currency speculators or whatever are doing right now, but the _structural changes_ that are underway. I know that you appreciate that, and that you will bear it in mind in the future.
Poodle needs a kick up the backside right up into the air. /s
“Source?”
DXY (dollar index) is currently up about 2% since the invasian and was up a bit more than that in the immediate aftermath. It’s a basket, not a currency pair, and is generally what people refer to when saying the dollar is up or down.
Interesting! If SoftBank has huge financial problems, this will adversely affect Japan, too.
I understand that, so far, Japan does not plan to continue to buy the natural gas it has been buying from Russia. While this is generally a small amount, there is one areas of Japan where it amounts to 50% of the total natural gas. Without replacement, Japan will be hit by the lack of natural gas.
Also, high fossil fuel prices will be a problem, if these prices stay high. A lot of prices are locked in by contract, but as contracts expire, the new contract prices will be at a different price. This will likely be a problem.
“What matters in the shift away from the dollar is not what currency speculators or whatever are doing right now…”
If we are moving into an era characterised by worsening geopolitical instability then it matters that the $US’s safe-haven status is robust. This will certainly have a bearing on how much of it central banks want to hold, even as the structural shifts you talk about tempt some of them in the other direction.
Call me stupid but I still do not understand how this should work.
The Gazprom Bank “Incoming” account would accumulate Euros and they would still be wothless for Gazprombank. The “outgoing account” would deplete of roubles and I do not see how that should be replenished besides printing them.
It’ll hopefully make sense in just a moment:
There is a EU money database/ledger/accounting-system under the control of the EU that tracks what accounts have how many Euros and a Russian database/ledger under the control of Russia tracking Ruble accounts. Now, suppose your company wants gas but has Euros. Russia says the process is:
1) open two accounts managed at Gazprombank but owned by your company, one of which resides on the EU ledger and one on the Russia ledger.
2) deposit Euros on the EU ledger (still owned by your company)
3) exchange Euros for Rubles – that is, find another party with a balance on the Russian ledger that will transfer ownership to your account on the Russian ledger in exchange for a corresponding change in the Euro ledger from you to them.
4) now you have Rubles on the Russian ledger still owned by your company that can be transferred to Gazprombank – to reiterate, this transfer is on the Russian ledger and the EU cannot intervene
If the EU wants to intervene, they can only freeze the Euros of your company or the one you exchange with. Both could very well be European companies – the other party is simply any entity with an account in Russia. At no time are Euros in the possession of a Russian entity that could be frozen/stolen and the EU can’t freeze or modify the values on the Russian ledger.
This is different from before. Before, your company would move Euros on the EU ledger from your account to an account in the name of Gazprombank also on the EU ledger. Gazprombank would then have Euros that could/would be frozen, i.e. getting paid but not really getting paid.
also, Russia is insisting that they will take USD and convert it at about 80 rubles, and take euros and convert it at about 88(?) rubles.
so Russia has made it so that the world cannot mess with their exchange rate.
if the West somehow tries to mess with this Russian process, Russia can just turn off the gas.
gee I guess Russia wins this battle.
Russian Reset!!
“3) exchange Euros for Rubles – that is, find another party with a balance on the Russian ledger that will transfer ownership to your account on the Russian ledger in exchange for a corresponding change in the Euro ledger from you to them.”
This still does not make sense. I see the ledgers that can not be blocked but who would want to sell Roubles for worthless Euros in Russia???
Other countries might need the roubles themselves.
Russia sells gas and is paid in euros, so they are gaining wealth.
the euros must now go to Gazprombank, so they can’t be stolen by the West.
Gazprombank “prints” rubles and pays Gazprom with these rubles, and Gazprom pays its internal Russian expenses with these rubles.
these new rubles reflect the increased wealth of the gas sales, so it shouldn’t be inflationary, just balance the increasing wealth from gas sales.
Russia can use the Gazprombank euros to buy anything anywhere in the world. If the selling country doesn’t want euros, Russia can sell their accumulated euros on Forex markets to get the currency that a selling country wants.
if the EU doesn’t restart sales of products to Russia and paid by Russia’s accumulated euros, then the value of the euro will be falling.
EU buys Russian gas and resells nothing = EU gets poorer and Russia gets richer.
EU sanctions are shooting themselves in the face.
No, Gazprombank is demanding to be paid in Rubles. Please see my post above yours.
What you are describing is the current situation, where Gazprombank is not sanctioned and is still able to trade away their received Euros for Rubles from any willing counterparty that has a Ruble balance. That is not the process going forward because it opens Gazprombank to the risk that their Euros can be stolen/frozen before they can offload them via forex.
there is no risk of stolen/frozen euros at Gazprombank.
if the West tried this, Russia would just shut off the gas.
the West must play by Russia’s new rules, or no gas for them.
I may be wrong but:
are you confusing Gazprom with Gazprombank?
we know the EU countries must now pay for the gas by sending euros to Gazprombank.
the Russian bank itself, not any outsider, will be doing the conversion of these euros to about 88 rubles each, and then the gas sales will be finalized only when the bank sends the rubles to Gazprom as the full payment.
again, if Gazprombank is then left with worthless/frozen euros, why would Russia continue to send gas?
I don’t see how the West could prevent Gazprombank from using its accumulated euros in any financial way they want to.
I have not seen any update today that this entire Russian 88/1 process has been changed.
“I don’t see how the West could prevent Gazprombank from using its accumulated euros in any financial way they want to.”
The EU controls the ledger and can freeze any Euros held by Gazprombank whenever they want. Yes Russia can retaliate by shutting off the gas, but the EU will argue they fulfilled their side of the contract by placing Euros in the Russian (frozen) account. This situation takes away that duplicitous argument and has the added bonus of internationalizing the Ruble.
so I think we agree that the West will probably never freeze Gazprombank’s euros and Russia can use them any way they want to?
(except not buying from EU sanctioning countries which is their loss.)
that’s a good point about internationalizing the Ruble.
the Ruble is now a stable currency backed by gold and other commodities.
Russia now offers to buy gold at 5,000 rubles per gram, so that is about equal to $1,940 USD per ounce (so USD now = about 80 rubles.)
all of this helps to give Russia control of the exchange rate of the ruble which has now recovered from over 100 per USD back to 80 which is where Russia wants it (for now!)
and Russia converts euro payments for its gas into rubles at about 88/euro so that helps to protect the level of the ruble.
Russia gets richer and EU gets poorer.
Russian Reset!!
That is as I see it.
There is no payment / FOREX by Euros in Russia.
The Euros are in priciple worthless.
The point you make is true:
Russia could use Euros on the world market to buy products from friendly countries, printing roubles.
Thie printed money is actually “produced Gas” and might not be inflationary to the rouble.
But: Ths might increase the value of the Euro as well, from internationl russian trades….
the numbskull the saker’s pro-Russian bias always severely distorts reality. The West are always numbskulls who don’t understand anything. I appreciate that OFW is a great deal less inhabited by anti-West numbskullduggery, but Gino and drb still struggle with such political bias.
Nationalizing Gazprom Germania was floated because Putin’s decree is a non-starter. Russia knows perfectly well that Europe paying for rubles is a non-starter because economic sanctions on Russia make euros useless to Russia. The decree is just Putin staying the course in the Elder-manufactured Game of Chicken. And nationalizing Gazprom Germania is the same.
How about we drop the Russian supremacism so we can read between the lines in order to see more clearly? Let’s leave the political blindness to the Saker and MOA. I did outreach at both those joints and boy was that a bore.
It is Geno not Gino. Also i don’t think i am the most pro-russian here. Mirror is more noisy in this regard than me. But all things aside, i can tell you that my supposed bias stems from one simple fact. Experience. My country was a colony of ussr for 45 years and i lived through some of those. For the last 30 years my country is usa colony. The americans are way, way, way more harsh and nasty masters than the soviets. They (the americans) treat my people as some kind of untermenschen amd have liquidated almost all industry here (my country was 27th in global industrial index and most of it was self sustained), the quality of education have been vaporized with the help of Open Society (when they came i even worked for them so i know their ways and that experience was an eye opener) and their programs implemented under the diktat of usa embassy (we were on par with sweeden and israel before that) and our local pharmacy and medical industry (net exporter before) was smashed into pieces, the military was turned into band of Bobbys and usa destroyed all our advanced weapons systems. Basically even if my country was an ussr colony at least it was treated as a partner (junior one) while usa sees us as a voiceless sex doll.
And please do not start me with democracy and communism bulshit. All political systems are the same – power centered managerial mechanisms. So call me biased but personal experience is hard to ignore.
I don’t have issues with saying that russia is an empire and has empirial policy, it is evident even for the blind and dumb. But on the other hand usa is essentially the same.
In the current Ukraine-Russia conflict I am indeed team Z but this choice is based on the simple fact that 300 000 of my country men live in ukraine (mostly the eastern part) and I do have relatives there. So i am very well informed what is going on there for the last 8+ years. The ukr nasty-es arw not only cleansing russian speakers but also are killing and cleansing my fellow country men and relatives. The atrocities carried by the fvcking brainwashed low lifes of Ukraine are blood chilling and beyond forgiveness even for my psychopathic consciousness. So i greet with all my extremities what the russians are now doing in Ukraine. A rabid dog should be shot down, not let loose in the farm.
Interesting article! I think the author is probably right. As long as Russia has natural gas to sell and some customers who can afford to pay the high price, it has great power.
The historical experience with aggressive Russia made Lithuania stop taking Russian natural gas as the first country of the EU:
https://www.nytimes.com/2022/04/02/world/europe/lithuania-russia-gas.html
Yes Russia has historically been aggressively pushing back against covert US/NATO encroachment. Russian bastards!
Also, must keep in mind during World War II Slovakia sided with the Axis powers that invaded the Soviet Union after AH broke the non aggression pact with Stalin.
Think Putin had good cause to react to this expansion of encirclement of NATO alliance.
Also, believe the nations at large recognize the US dollar was numbered as the Worlds Reserve Currency and positioning themselves.
Naturally, Dollar Diplomacy is on its last legs.
Wonder how spoiled entitled US brats are going to take it when it ends and they are no longer in a privilege status.
Probably like we see now coming … Some sort of war engagement.
Pushing paper around with a big gun in the other hand only persuades so much.
Yes, Harry’s posts have struck me on how quickly the fabric is unraveling.
Here in South Florida, folks grip about prices going up, but no shortages yet I can see. Gas around $4.00 a gallon regular and tourist industry doing well. South Beach in Miami had instituted a curfew because of several nights of mayhem and violence with shootings.
Lots of crowds…so BAU Baby is crawling along.
Nothing newsworthy about Covid, other than get your booster.
Governor DeSantis has his own agenda regarding the mandates too.
Not too much as far as negative effects getting the jab at all.
We shall see when the food shortage hit later on, how this pans out.
Looks as if we all are going on a weight loss diet…except for the folks like Bill Gates, Elon Musk, Trump, ect….
Thanks to everyone that have make contributing posts.
The MOREONS are focused on Ukraine and in the background continuing to do as they are told and boost… not that boosters are much more than throwing petrol onto the fire as we wait for the lethal Devil Covid to emerge… we have nearly 6B MOREONS within at least one injection in them and that is more than enough mutation factories to get us to DC…
Boosters just help the process along…
Hold tight – it’s gonna come — the odds are stacked in favour of it…
How much they consume? Too little to make a difference. They are completely deindustrilized and almost depopulated (via migration). Completely unimportant on a system level. The same as Slovakia.btw your dear leaders in Slovakia are ok paying in rubles. Perhaps you should stage a protest and demand that Slovakia also stops importing russian gas.
Slovakia is an industrial country, namely mainly automotive.
“Ukraine war piles pressure on Europe’s farmers: Jack Ronan’s farm is one of the 10 largest in Ireland. But with war in Ukraine ratcheting up feed prices, he has started to consider culling his herd for the first time since his family began farming in County Tipperary three generations ago.
“The cost of animal feed, fertiliser and fuel has soared for farmers across Europe as Russia’s invasion of its neighbour squeezes grain supplies and sends the price of energy and other inputs rocketing. Stricken farmers are also having difficulties accessing credit as their financial problems mount.”
https://www.ft.com/content/622b9762-cfc1-4258-8cd4-bd8a7efd53fc
“Fruit and vegetables face a 30 per cent price rise [UK] as striking Spanish truckers disrupt the supply of tomatoes, lettuce and peppers in another cost of living blow – while sunflower oil is ‘running out’ and putting the production of crisps and chips at risk.
“Prices could rise by 30 per cent and sunflower oil is running out as UK households face further financial blows amid the cost of living crisis.
https://www.dailymail.co.uk/news/article-10681097/Fruit-veg-faces-30-price-rise-latest-cost-living-hit-sunflower-oil-running-out.html
“Government and retailers must ‘wake up’ to the UK’s food security risk amid the biggest rate of inflation in generations, NFU Scotland’s president has said.
“In a stark warning, Martin Kennedy explained that the ramifications of Ukraine war would have ‘long lasting impacts’ on the UK’s ability to produce food.”
https://www.farminguk.com/news/government-must-wake-up-to-uk-s-food-security-risk_60150.html
Ukraine war seems to be the named as the source of all problems.
“Many passengers have been reportedly left stranded after power outage hit a section of the Murtala Muhammed International Airport, Ikeja, Lagos.
“With [Nigeria] experiencing power outages in the past few weeks due to the collapse of the national grid, and that has affected the airports. It was gathered that power challenge at the airport worsened since three days ago.”
https://thewillnigeria.com/news/power-outage-at-lagos-airport-leaves-passengers-stranded/
“Several regions in Kenya have been hit by major fuel shortages leading to closure of many petrol stations…
“The Energy and Petroleum Regulatory Authority (EPRA) later issued a statement attributing the scarcity to supply glitches occasioned by delayed remittance of fuel subsidy refunds to oil marketers.”
https://www.capitalfm.co.ke/news/2022/04/long-queues-reported-at-filling-stations-amid-scarcity-sales-capped/
Africa is in danger of being left out, if there isn’t enough fuel to go around.
“Fuel shortages fears trigger panic buying [Nepal]…
“The National Petroleum Dealers Organisational Coordinating Committee has stopped collecting petroleum products since Friday, saying that its demands remain unaddressed… It has been demanding a hike in transportation fare at the rate of the rise in diesel price.”
https://kathmandupost.com/national/2022/04/03/fuel-shortages-fears-trigger-panic-buying
“Pakistan thrown into chaos amid debt woes, China concerns over infrastructure projects.
“President, Imran Khan avoided being ousted after an ally cancelled a no-confidence vote called by the opposition, which had said it had the numbers to unseat him… As the Supreme Court is set to hear arguments related to the shock dissolution of parliament, analysts say the incoming government will need to stave off challenges including crippling debt and rising militancy.”
https://www.scmp.com/week-asia/politics/article/3172938/pakistan-thrown-chaos-amid-debt-woes-china-concerns-over
“Sri Lanka Throttles Social Media, Protests as Unrest Builds.
“President has sweeping powers to suspend laws, detain citizens; Several opposition MPs marching to Independence Square.”
https://www.bloomberg.com/news/articles/2022-04-03/sri-lanka-blocks-social-media-imposes-curfew-to-curb-protests
“Have surging oil prices stoked Turkish inflation even further?
“…Economists polled by Reuters expect official data, due April 4, to show that consumer prices rose by an annual 61.6 per cent in March.”
https://www.ft.com/content/68f67175-f1e4-4602-831b-41c55503f79b
“Ukraine crisis fallout hits poor economies.
“Troubles in Sri Lanka are signs of worse to come for dozens of low and middle-income countries facing rising inflation, food and energy prices as well as unsustainable sovereign debts.”
https://www.scmp.com/comment/opinion/article/3172930/ukraine-crisis-fallout-hits-poor-economies
Let them begin to fall
https://c.tenor.com/-CxBDVuFMkIAAAAC/dominos-falling.gif
Media blames Ukraine for problems that were clearly in the making, long before.
“Peru Announces Tax Cuts on Food and Fuel as Protests Intensify… Protests led by farmers and truckers have lasted six days…
“Peru Finance Minister Oscar Graham announced fuel and food tax cuts as protests led by farmers and truckers have intensified across the South American country.”
https://www.bloomberg.com/news/articles/2022-04-02/peru-announces-tax-cuts-on-food-and-fuel-as-protests-intensify
“Mexico Halts Gas Relief as U.S. Citizens Head South to Stock Up…
“Gasoline prices in the U.S. are higher than Mexico, which has led U.S. citizens to head south and stock up on fuel, according to a statement from Mexico’s Finance Ministry. That’s led to reports of shortages, according to the ministry.”
https://www.bloomberg.com/news/articles/2022-04-03/mexico-halts-gas-relief-as-u-s-citizens-head-south-to-stock-up
I can see why Mexico would want to put a stop to US citizens coming south to refuel their autos.
Mr DNA, sensing a threat to his existence…. emerges from his slumber…
https://i.pinimg.com/originals/0c/c1/74/0cc1746e406b51ac9283559b1fe72fb1.gif
“Pandemic and Ukraine war bring the economic decoupling nightmare ever closer.
“Two years of Covid-19, plus the huge sanctions attack on Russia, have hardened the consensus on the need for both economic decoupling and deglobalisation. In a world split into the US and China blocs, however, Western multinationals, small companies and millions of consumers would all pay a hefty price.”
https://www.scmp.com/comment/opinion/article/3172916/pandemic-and-ukraine-war-bring-economic-decoupling-nightmare-ever
“Has globalization passed its peak? Just as globalization reflects a process of increasing economic interdependency, deglobalization then marks a retreat from global economic integration. And there are indications this has been happening for some time already.
“A key measure of globalization — trade’s share of global GDP — peaked in 2008 at the start of the Great Recession.”
https://www.dw.com/en/has-globalization-passed-its-peak/a-61325661
“Supply Chain Crisis Worsens As Russia’s War Against Ukraine Continue… “Russia’s invasion of Ukraine is an invasion of the global supply chain,” according to Jennifer Bisceglie, founder and CEO of Interos, a supply chain risk management company.
“She said her firm’s data shows that nearly 300,000 companies in the U.S. and Europe “have suppliers in Russia and Ukraine, putting their national economies at risk. That’s how interconnected the world is today.””
https://www.forbes.com/sites/edwardsegal/2022/04/02/supply-chain-crisis-worsens-as-russias-war-against-ukraine-continues/
This is a link to the globalization chart in the dw.com article, showing percentages over time.
https://ourfiniteworld.com/wp-content/uploads/2022/04/Global-share-of-trade-to-GDP-World-Bank-1024×848.png
There is definitely a decoupling taking place. According to the article:
“President Vladimir Putin’s rouble payment scheme for natural gas is the prototype that the world’s largest country will extend to other major exports because the West has sealed the decline of the U.S. dollar by freezing Russian assets, the Kremlin said…
“The Kremlin wanted a new system to replace the contours of the Bretton Woods financial architecture established by the Western powers in 1944,” Dmitri Peskov said. “”It is obvious that – even if this is currently a distant prospect – that we will come to a some new system – different from the Bretton Woods system.”
https://www.reuters.com/world/kremlin-warns-west-rouble-for-gas-scheme-is-prototype-2022-04-03/
“EU prepares more sanctions against Russia after apparent atrocities in Kyiv suburbs…
“Charles Michel, president of the European Council, said further sanctions from the bloc “are on their way” in response to Russia’s actions in Bucha, a city 60km north-west of Kyiv that was under Russian occupation until last week.”
https://www.ft.com/content/84b82726-d4d0-446c-a409-f61037686315
“[UK] Ministers prepare to take control of Gazprom retail arm within days.
“It would be among the most significant corporate repercussions so far in Britain arising from Russia’s invasion of Ukraine and the sanctions regime subsequently introduced by the government in an attempt to punish Vladimir Putin.”
https://news.sky.com/story/ministers-prepare-to-take-control-of-gazprom-retail-arm-within-days-12581488
“Moscow’s bankers left in the deep freeze: ‘We’re sipping champagne on the Titanic’… Mergers and bond sales have disappeared, while investment bankers say it may be decades before we see another Russian stock market float.
“Many of the remaining financiers in the city are busy trying to wind down investment positions or offload loan books, but it is proving difficult due to the lack of buyers and the fact that the country’s financial plumbing has been disabled.”
https://www.thetimes.co.uk/article/moscows-bankers-left-in-the-deep-freeze-were-sipping-champagne-on-the-titanic-5s5n783f0
apparent atrocities
Hahahaha… ‘apparent’ = fake
Or fake atrocities, depending on who you believe.
“Germans warm up to coal, wood amid high gas prices…
““Our phones are ringing off the hook,” said Erik Passow, who builds furnaces and fireplaces, adding that supply shortages were also making it difficult to keep up with orders. “People want security, because freezing isn’t fun.””
https://www.euronews.com/next/2022/04/02/ukraine-crisis-germany-gas-heating
Thanks for all the articles Harry. The crisis around the globe is approaching very quickly.
The internationally recognized “McGibbs” index, is trending lower!
You’re welcome, Jesse, lol.
What a mess we have on our hands. The global economy is unknitting before our very eyes, with conflict, mistrust and confusion intensifying, and no new engine of growth to pull us out of our slump, as China did before.
Oil refinery on fire in Black sea port city Odesa after Russian missile strikes
Video shows Russia missile strikes on Ukrainian fuel depot
Very good analysis of the propaganda war that’s been ongoing for quite some time, from Laura Ruggeri.
“In 2006 retired US Maj. General Robert H. Scales explained a new combat philosophy that would later be enshrined in NATO’s doctrine: “Victory will be defined more in terms of capturing the psycho-cultural rather than the geographical high ground.”
“Public consciousness was actively manipulated both at the level of meaning and at the level of emotions. Selective perception and consolatory fantasies were some of the psychological mechanisms ensuring that the population would manage the stress of living in a state of cognitive dissonance where facts and fiction could no longer be separated. By offering cheap passage through a complex world, these narratives provided emotional certainty at the cost of rational understanding.
The emotionally satisfying decision to believe, to have faith, inoculated individuals against counter-arguments and inconvenient facts. The election of an actor on the basis of his convincing performance as a president in a TV series titled “Servant of the People” confirmed the successful substitution of politics with its spectacular simulation: it wasn’t simply the blurring of illusion and reality, but the authentication of illusion as more real than the real itself. ”
“A polarized, cognitively disoriented population is a ripe target for a type of emotional manipulation known as thought-scripting and mind-boxing. A person’s thinking comes to congeal around increasingly set scripts. And if the script is arguable, it is unlikely to be changed through argument. The well-boxed brain is impervious to information that doesn’t conform to the script and defenceless against powerful falsehoods or simplifications that it has been primed to believe. The more boxed a mind, the more polarized the political environment and public dialogue. This cognitive damage makes all efforts to promote balance and compromise unattractive, in the worst cases even impossible. The totalitarian turn of Western liberal regimes and the insular mentality of Western political elites seem to confirm this sad state of affairs.”
https://laura-ruggeri.medium.com/is-russia-losing-the-information-war-79016e0ee32e?source=user_profile———0——————————-
A good article confirming a long term war strategy to hack the brains of many people.
For a more detailed view on the war to break your mind and your mental health and capabilities, you might like this article:
https://thegrayzone.com/2021/10/08/nato-cognitive-warfare-brain/
For the entire age of the c9/11 people came up with statistics to show “truth” in an endless stream. R. Fuelmich has made about 100 very long videos documenting only the most important developments.
Has anybody, let me repat this: anybody been stopped in this script? Nope
Has anybody been stopped after GFC ? nope
Has anybody been fired after WMD in 2003 ? nope
The globe is braindead if you allow me to quote Macron here.
Intentionally killing off any mental capabilities, whatever was there in the first place.
Yeah, OFW folks lament here about this or that fact.
There simply is too little brainpower left to fight that menticide and the efforts to ban people from the internet does not even affect the coffee savings pot in the cafetaria.
If you think Russia has lost the information war, I must tell you that you have lost this battle as well. I don’t blame you. The global assault on humanity and their brains in particular has been in the making for a very long time and by very smart people.
Highlights:
“narratives provided emotional certainty”
“A polarized, cognitively disoriented population is a ripe target for a type of emotional manipulation known as thought-scripting and mind-boxing. A person’s thinking comes to congeal around increasingly set scripts.”
This all sounds terribly much like the “vaccines will save us” narrative that we have heard for so long. If people hear a statement often enough, a rather large number will believe it is true, I am afraid. Especially if the population is already polarized.
https://twitter.com/ltembassycz/status/1510500842562064388?s=20&t=CyfPzI1jI7NyKKnoG-AvTg
Thx Gail!
The Baltic States have cut off from Russian natural gas flow as they refused to pay in roubles. The rest of EU will soon follow the suicide mission.
So, “natural gas no longer flowing to Latvia, Estonia and #Lithuania.”
We will see how long this lasts.
Latvia seems to be using less and less natural gas in recent years, as it uses more “biofuels and waste,” whatever that is, according to IEA data. I would imagine that is trees burned for heat, but I could be wrong. Latvia was still getting over 20% of its energy from natural gas in 2019, I would guesstimate from the chart shown.
https://www.iea.org/countries/latvia
Estonia uses very little natural gas. Again, “biofuels and waste” has been growing as an energy source.
https://www.iea.org/countries/estonia
Lithuania does use a very significant amount of natural gas. At one point, they had quite a bit of nuclear, but that disappeared about 2010. Again, “biofuels and waste” has ben growing.
https://www.iea.org/countries/lithuania
Scroll down to see charts at these links.
I was under the impression that those Baltic statelets were rapidly depopulating anyway.
Lithuania was once a very prosperous small kingdom, in the early Middle Ages; rich from exporting the products of the region: timber, honey, furs, leather, resins, etc.
So countries in cold zones can be rich, it all depends on context: in this case, trade with warmer zones.
One of the very last places in Europe to convert to Christianity – the last pagan Grand Duke had a magnificent pagan send-off on a giant funeral pyre on which his horses and dogs were sacrificed, while the nobles rode around it.
Friendly relations with Russia might soon be better for them than towing the EU/US line, who knows? What does Brussels or Washington care for them?
To make sure that they would stay in the Catholic side of the world, they then had the Teutonic Order at home for a 1000 years. Napoleon put an end to that. Sometimes it is even too easy to make fun of the psyche of these borderland people, but they surely were put through the wringer for generations and generations. And here we are, a people so directed by others they would not find their own interest with both hands.
Terrible histories, and sometimes the only possible choices are rather bad ones…..
The Teutonic knights were perhaps one of the least savoury organisations under which to exist, until the Bolsheviks and then the 3rd Reich appeared.
Latvia1990 2.66 million people. In 2020 1.90
Yes, too poor to reproduce.
Sunday
For in truth, it’s the beginning of nothing
And nothing has changed
Everything has changed
https://www.youtube.com/watch?v=zlXONxJdaF4&list=RDMM&start_radio=1&rv=yISNT2wUmwA
David Bowie
Nothing remains
We could run
When the rain slows
Look for the cars or signs of life
Where the heat goes
Look for the drifters
We should crawl under the bracken
Look for the shafts of light on the road
Where the heat goes
Everything has changed
For in truth, it’s the beginning of nothing
And nothing has changed
Everything has changed
For in truth, it’s the beginning of an end
And nothing has changed
And everything has changed
In your fear
Of what we have become
Take to the fire
Now we must burn
All that we are
Rise together
Through these clouds
As on wings
In your fear, seek only peace
In you fear, seek only love
In your fear, seek only peace
In you fear, seek only love
In your fear, in your fear
As on wings
This is the trip
And this is the business we take
This is our number
All my trials, Lord
Will be remembered
Everything has changed
Right on, el mar. But I think that song should be properly credited to Scott Walker. Or maybe Scott Walker’s and then David Bowie’s girlfriend.
https://youtu.be/GbmY-KyaS4Q
Vax Death – heart attack….? https://www.odt.co.nz/regions/southland/trail-bike-rider-dies-near-dipton
Geert Vanden Bosche has a new paper out with some very bad news for the serially vaxxed:
“I SERIOUSLY expect that a series of new highly virulent and highly infectious SARS-CoV-2 (SC-2) variants will now rapidly and independently emerge in highly vaccinated countries all over the world and that they will soon spread at high pace. I expect the current pattern of repetitive infections and relatively mild disease in vaccinees to soon aggravate and be replaced by severe disease and death. Unfortunately, there is no way vaccinees can rely on assistance from their innate immune system to protect against coronaviruses as their relevant innate IgM antibodies are increasingly being outcompeted by infection-enhancing vaccinal Abs, which are continuously recalled due to the circulation of highly infectious Omicron variants. In contrast, Omicron’s high infectiousness would enable the non-vaccinated to train their innate immune defense against SC-2 while the infectious and pathogenic capacity of the new SC-2 variants would be debilitated in the non-vaccinated for lack of infection-enhancing Abs in their blood. Unless we immediately implement large scale antiviral prophylaxis campaigns in highly vaccinated countries, there shall be no doubt that the pandemic will end by taking a huge toll on human lives.”
https://uploads-ssl.webflow.com/616004c52e87ed08692f5692/6244c3b09ad5701f3ec17765_GVB_s%2Banalysis%2Bof%2BC-19%2Bevolutionary%2Bdynamics.pdf
Galloping Geertie is lost in translation. But he means we’ll. The ADE to which he refers is just the intelligent body in a dogfight with the genetic modification that has caused the body itself to produce a biological toxin, in the unnaturally occuring spike protein.
As with the regular vaxxxes I talked about the other day, the mRNA attack works on the same fundamental principle: it sees to it that the intelligent, beautiful, earnest body that evolved in an earnest universe, is being systematically lied-to… by the Empire of Lies. As above so below. The synthetic mRNA messenger lies to the beautiful intelligence by saying that she must be self-loathing and produce a biological toxin. The lie forces self-harm upon the beautiful intelligence. As above so below.
This self-harm is not autoimmunity. We might call it that colloquially, as I have done and still do informally refer to the mRNA vaxxxes as “autoimmunity in a bottle,” but I do so in mixed company, for the benefit of the impoverished souls who still believe in germ theory. Which I have just repeated it here.
But germs — pathogens — do not exist, and therefore there is also no such thing as an immune system. The ‘immune system’ is just a mischaracterizing of the filter system. Any believer in germ theory who has the ability to think, can recognize the reason why if there were no germs then there would be no immune system either.
Abs — the antibodies Geertie refers to — are in reality just the transporter proteins of the filter system. They transport foreign objects and toxins to the lymphatic glands and filtration organs for processing and elimination. Allopathic medicine identifies different types of ‘antibodies’ and matches them up with different ‘germs’ but all they’re doing is recognizing that there’s a variety of transporter proteins for a variety of foreign bodies. And immunologists, who recognize the existence of transporter proteins themselves, cannot distinguish between them and ‘antibodies.’
‘ADE’ is, in Reality, genetically programmed, chronic self-harm, that the beautiful intelligence must constantly filter out the toxic consequences of.
All wars of civilization are wars of attrition.
The vaxxxes can be healed from, it just takes natural healing. Problem is natural healing of chronic, systemic disease is hard to come by these days. I speak from experience, it took me four years of hardcore homesteading, drinking well water and eating home organic, grasssfed meat stews and bone broths, and raw dairy, everyday, and home vegetables in order to heal my thyroid disease which is the major disease pathway that has been bred into my family.
If we give our beautiful intelligence all the nutrients and minerals she could possibly want, this enables the the filter system to be in peak performance and it GROUNDS the unconsciousness, the beautiful intelligence, in nature, in her natural law, and she will find where the lie has been put inside her and she will UNLEARN the lie.
Sound familiar?
As above so below.
Believe that, you friends, you beautiful intelligences.
+++
This sounds like good news for the unvaccinated:
“In healthy non-vaccinated individuals, O-glycosylated Newcos will only cause asymptomatic to mild disease.
So the dreadful things to come will mostly affect the vaccinated, especially the multiply vaccinated.
Yves Smith at naked Capitalism has reproduced Gail’s latest post, along with the following intro:
Yves here. Readers rightfully often take issue with some of Gail Tverberg’s analysis, since she sometimes has to work overtime to fit her information into her energy scarcity thesis. But she generally has interesting data and her drive to reach conclusions often produces useful reactions from the commentariat. Here she turns to her big topic of the day, the resource implications of the war between Russia and Ukraine.
Tverberg’s core argument is Tainter 2.0: that rising costs of energy development/production lead to scarcity because producers can’t get paid enough to justify the cost of incremental extraction. The West had started early down the path of making it more costly via fossil fuel divestment and ESG policies that increased the cost of capital for fossil fuel companies, as well as putting social/political pressure on them to cut back on development. That’s all gone in reverse with the Russia campaign in Ukraine, but Tverberg would contend it doesn’t change the fundamental dilemma.
https://www.nakedcapitalism.com/2022/04/no-one-will-win-in-the-russia-ukraine-conflict.html
add to the wordmix as much as you like
the bottom line is that virtually of us have followed the irresistible path of turning the planet into cash.
we did it by setting fire to it.
why complicate things more than that?
More Boosters norm’s useless comments sponsored by Pfizer hahahaha
Norm is right, in this case!
if i may slightly misquote Ecclesiastes 1-12 Eddy
Parity of parities!
All is parity.
but that would be outside your sphere of awareness
Norm, Eddy is more like
Parody of parodies!
All is parody.
but that would be outside your sphere of artistic appreciation
we can verbally arm wrestle if you wish
but i wouldn’t want to take advantage tim
I think you have used the letter i three times more than necessary there Norman.
After all
why complicate things more than that?😏
i appreciate verbal acrobatics Fitz
but i think one of us has missed the trapeze there
I am all in favor of limiting population numbers. The ruling system does no seem to care what I say.
Almost everybody likes the idea—-its how you go about it that causes problems
How to go about it? Very simple. Again:
After you, sir, after you…
noooo
i made my contribution by a required visit to the vet many years ago
The only thing I say is: “After you, sir, after you..”
Thanks for the information. I knew I was getting a lot of link backs to my article, but I hadn’t figured out how.
(Jerusalem Post) ”Poland ‘open’ to nukes stationed in country amid Russia-Ukraine war”
https://www.jpost.com/international/article-703069
The reply above, to Xabier, about borderland people unable to figure out their own interest applies here just as well.
(Frankfurter Allgemeine) ”Lindner: “The war in Ukraine is making us all poorer” Federal Finance Minister Christian Lindner predicts a “loss of prosperity” for people in Germany due to the war in Ukraine. “Not even the state can compensate for this loss of prosperity.”
https://www.faz.net/aktuell/wirtschaft/lindner-der-ukrainekrieg-macht-uns-alle-aermer-17930634.html
Loss of energy supplies, or permanently having to pay more for them (producing the same result), is the problem.
(Frankfurter Allgemeine) ”Do we want to destroy our entire economy with our eyes wide open?” The chemical group BASF is one of the largest consumers of energy in Germany. CEO Martin Brudermüller considers the boycott of Russian natural gas imports irresponsible. Many Germans have underestimated the risks.”
https://www.faz.net/aktuell/wirtschaft/unternehmen/basf-chef-warnt-vor-gas-embargo-schaeden-fuer-deutsche-volkswirtschaft-17925528.html
Businesses understand the silliness of the idea that we can get along without energy products.
The claim isn’t that the numbers in 2021 are incorrect, rather it’s that the 2016-2020 numbers were artificially low due to said “glitch”, which would indicate that 2021 was an average year. Obviously, there are numerous issues with this claim:
Why didn’t the glitch affect the 2021 numbers? Those numbers didn’t have a so-called artificial dip along with the 2016-2020 data in the glitch.
Why were the pre-2016 numbers within the realm of the original “pre-glitch” numbers of 2016-2020?
If the 2016-2020 numbers were as high as they claim, that means the military has been terribly sick for years.
If the 2016-2020 data was as high as the post-glitch data claims, that would indicate that Covid itself didn’t affect the military at all.
The statement had no signature or official letterhead attached.
https://etana.substack.com/p/military-madness
Ah yes, the ‘glitch’ in the military database.
The official lies aren’t even sophisticated: this demonstrates their contempt for the public and sense of totally lawless impunity.
yup
In Australia, doctors are now being warned they “must” follow public health messages
EVEN IF THOSE MESSAGES CONTRADICT INDEPENDENT RESEARCH ON WHAT IS BEST FOR PATIENTS
https://alexberenson.substack.com/p/in-australia-doctors-are-now-being
Just like any Totalitarian system of the 20th century.
The total extinction of reason, autonomy, and the scientific method.
‘The Party Is Always Right, Comrades!’
Xavier,
Are you sure that reason, autonomy, and the scientific method are extinct in you?
The ‘virus’ has never been isolated. It’s genome was constructed by computer algorithms (what the industry calls ‘in silico’ genomics, and it has never been proven with the scientific method to either cause disease nor be contagious.
If you dispute these facts then show me evidence to the contrary.
Let’s make sure we’re not just paying lip service to Reason, Autonomy, and the Scientific Method, lest we create psychological fractals of the mRNA vaxxxes themselves.
Sri Lanka ahoy
https://youtu.be/dzWs5_qbX5c
Anyone who is pro vaccine at this point in the game… is seriously f789ing re – Tarded
One suspects the retardation was a pre-existing condition, all in line with ‘the background rate.’
Or should we see this as an indication that in evolutionary terms, going along with the group was generally more useful than independent thinking?
It can’t just be TV……..
Pingback: Reading Lounge | Evocatively Ambiguous
stuuupid MOREONS
https://i0.wp.com/dailyexpose.uk/wp-content/uploads/2022/04/image-14.png
https://i0.wp.com/dailyexpose.uk/wp-content/uploads/2022/04/image-16.png
https://i0.wp.com/dailyexpose.uk/wp-content/uploads/2022/04/image-17.png
I don’t know where the data from https://i0.wp.com/dailyexpose.uk/wp-content/uploads/2022/04/image-17.png comes from
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1065279/vaccine-surveillance-report-week-13.pdf Table 14 shows unvaccinated still twice or more as likely to die compared to triple-vax.
I’m not disregarding the possible long term impacts, but short term the vaccination does appear to lessen the chances of death
If you don’t stand for something you’ll fall for anything.
Ask them
Tripple vaxed are not shown on image 17, only double vaxxed and no vax.
The case that vaccine basically don’t protect against death is still a hard sell, because the triple vax results still look relatively good.
2x to 3x death rate if you are vaxxed. hehehehehehe
Official Government data suggests the Fully Vaccinated are suffering Antibody-Dependent Enhancement; and the newly published Pfizer Documents prove Pfizer & the FDA knew it was happening in February 2021
“The fully vaccinated are up to 3 times more likely to die of Covid-19 than the unvaccinated suggesting ADE. And now the latest round of Pfizer documents confirm both Pfizer and the FDA knew this would happen,& received evidence of it occurring, including several deaths, but swept it under the carpet claiming “no new safety issues have been raised”
https://dailyexpose.uk/2022/04/03/confidential-pfizer-docs-official-gov-data-vaccinated-suffering-ade/
I’m not sure this is true, I don’t see it in the data
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1065279/vaccine-surveillance-report-week-13.pdf Table 14
He is having to use the back in time machine to pull this cuz they are deleting the data on the new releases.
I think that there is a lot of detail in this that a person has to look at. As long as the indications for people with the maximum number of shots come out well, it is hard to say that the vaccinations are bad, especially if there is no official data on side effects or long-term adverse effects.
hahaha https://freewestmedia.com/2022/04/02/tennis-world-shocked-after-scores-of-players-drop-out-of-miami-open/
Dropping like files
‘Ukraine: from U.S. additional weapons and other support’
‘United States will spend additional 300 M $ for Ukraine’
https://it.notizie.yahoo.com/ucraina-dagli-usa-ancora-aiuti-054100755.html
What are US people saying about that?
They say no problem, we will just print them.
The majority of usa pop is unable to grasp what is happening and ev3n more unable to articulate their position (and most od them don’t even hqve such). Also no one from the ruling class give a crap what the plebs think. They have reality tv, soc media and school and party shootings and fake social issues to occupy themselves with. The rest of the ‘west’ are approaching fast the level of usa society.
Ah, progress is so great!
Did you see the part where Slovakia now celebrates Jimmy Savile lookalikes?
Nope, but i saw they are going to pay rubles for gas. I am afraid MG might hurt himself when he hears it.
It does not matter if you pay in roubles or euros. The costly natural gas or oil is useless, because you can not afford it.
When you add the cost of the natural gas and oil and the cost of the war destruction caused by Russia internally and externally, the Russian oil and natural gas stop to be cheap.
Iran, Lybia or Venezuela did the same things, although in different ways, i.e. aggression towards exterior or interior is a sign of the collapse.
I see that already you have hurt yourself. In the brain.
Geomir, exactly.
Foo Fighters drummer Taylor Hawkins dead at 50: The inside story on what likely caused his death
The public evidence, as well as information from insiders, shows that the most likely cause of his death was vaccine-induced myocarditis. Drug use may have exacerbated the problem to some extent.
https://stevekirsch.substack.com/p/foo-fighters-drummer-taylor-hawkins?s=r
Ernest Ramirez is our guest on Thursday’s VSRF call
His only son was killed by the vaccine just 5 days after his first dose. Cardiac arrest. Today, FEMA wants him to sign a statement that his son’s death was caused by COVID. That’s how corrupt they are
https://stevekirsch.substack.com/p/ernest-ramirez-is-our-guest-on-thursdays?s=w
Stupid people like to play stupid games. Let them
Denial is good – it means they will take more boosters. And inject their children.
Cull the MOREONS.
They were patheticaly low quality rock band anyway. The public has been served a favor.
Don’t even know a single song by them… M Fast who once upon a time crooned for a living so knows a bit about music… had heard of them but also did not know any songs from them.
https://dailysceptic.org/2022/04/02/how-many-people-have-died-from-the-covid-vaccines/
https://dailysceptic.org/wp-content/uploads/2022/04/image.png
https://dailysceptic.org/wp-content/uploads/2022/04/image-1.png
Russians owe everything they have in reparations to Ukraine. Forever losers is a long long time.
Sanctions are the end of civilized life in Russia. Chinese violation of sanctions would be the end of civilized life in China. The world is dividing into two trading blocks: the rich and the poor. Russia is the nexus of the impoverished block. Life is full of choices. Russians decided to be poor. Ukraine decided to be wealthy.
I guess you are not aware of the difference between having resources and not having resources. But do not fear, soon everyone will have the ability to learn it in real time.
You should change your handle to SBU, it is 2022 after all, the Ukrainian KGB change name 30 yeara ago 😉
Who are you kidding….the US is a welfare state, existing on printed fiat. Going down fat I think.
The homeless living on the street …may the US decided to make them poor.
Over the past several months a worrying trend has emerged – people are dropping dead at an unprecedented clip, and it has little to do with Covid-19.
In fact, the spike almost perfectly coincides with the rollout of the experimental mRNA Covid vaccines.
https://www.thegatewaypundit.com/2022/04/not-just-us-excess-deaths-skyrocket-worldwide-2021-following-rollout-experimental-covid-vaccine/
Yes, but unless the analysis comes out from an official source and shows that COVID deaths (including deaths perhaps missed in the official count) and missed medical treatments by other patients are not the cause of the higher death rates, it is hard to prove very much.
That’s ok… all we need to know is that the vaxxed are dying … even if it came out of an official source the MORENS would still continue to inject… we don’t want them to stop injecting …. and dying… and creating mutations
Don’t f789 with the jesus … this is what happens https://t.me/TommyRobinsonNews/34271
https://t.me/VigilantFox/3760
Leoš Středa, a well-known Czech philanthropist, a physician who worked in Cambodia, spoke 11 languages, shot dead and found with his murderer who subsequently killed himself.
Leoš Středa was famous for living in polygamy with 2 young women from Philippines after his divorce who also found him and his murderer.
“Twelve years ago, in an interview with She Today, he said that polygamy is a way of life for him. “I hope that once I say goodbye to my earthly pilgrimage, grieving girl faces will bend over me – with dark eyes and a halo of raven hair. How many heads will there be, I’ll leave that to fate. But at least two, “he said then.”
https://www.lidovky.cz/domov/strelba-stredni-skola-euroinstitut-neprobylice-lekar-streda.A220401_134300_ln_domov_kov
https://www.blesk.cz/clanek/zpravy-krimi/708597/leos-streda-58-zil-se-tremi-zenami-najednou-rikal-jim-opicky-o-manzelku-se-delil-s-milencem.html
“Who will come first…
He also tried polygamy in the Czech Republic with his wife. “My wife had a lover. He who came home earlier slept with her, whoever came later slept with his son. So no one can blame me for being unhappy when I experienced it from the other side as well, “he described the unusual affairs.
Three children, three moms
Even before his relationships in Asia, he had his first with two women. But after a while, it failed, because the women argued with each other and even washed. He has a son Lukáš from his first marriage. He then had two sons with his Asian partners – Daniel and Tomas. Most recently, Wednesday lived in the Czech Republic, where he had two partners. It was they who allegedly found him in the bloodbed …”
https://www.blesk.cz/clanek/zpravy-krimi/708597/leos-streda-58-zil-se-tremi-zenami-najednou-rikal-jim-opicky-o-manzelku-se-delil-s-milencem.html
This is exactly why the West needs to end in a hurry. Is this the type of culture, exhibition and men that help build a new, more sustainable society? People preoccupied almost exclusively with the finer points of f789ing? Going to 3rd world countries with the excuse of philantropy while pushing certain agendas, without obviously working hard because time needs to be devoted to orgies with underage girls. The West is devolving into a dysfunctional society that will not be able to resurrect itself for centuries.Tell us more, MG. Was the murderer a scorned male lover? What detail precipitated the murder? Are you proud Slovakia was able to produce its own Hugh Hefner?
The jealousy is deadly dangerous.
Or maybe being alone and envying those who have partners?
Perhaps you are too intellectually limited to post here. Not to mention spiritually limited.
He was killed by a 75-year old man.
So the guy was something like a degenerate taking advantage of 3rd world inhabitants. The Czechs have progressed mightily.
Loneliness masked by pleasure?
Nice insight MG.
https://1gr.cz/fotky/idnes/10/103/cl5/DRP369c48_ZG0H0884hprez.jpg
Nice girls. Handy about the house.
Must have been quite a shock when they came home to that mess.
Starting with rejuvenating, weight loss medicine in the
90s, he eneded up with the handicapped children education today.
http://www.streda.com/english-leos-streda/
In this video, he mentions the Red Khmers of Cambodia as the 15 year olds who killed their parents and grandparents:
https://youtu.be/WNc4rkY7NMw
In this video he mentions the preference of the young Asian females for older white males and the preference of the young African males for old white females. The video is from 2011:
https://youtu.be/sD4tjKWaVDc
He was shot by his friend, a director:
https://www.extra.cz/zpravy-znamy-lekar-leos-streda-zemrel-rukou-kamarada-zastrelil-ho-reziser-prochazka-50ad7
https://ms-my.facebook.com/StredniSkolaU2B.cz/videos/jak-vzpom%C3%ADn%C3%A1-na-studentsk%C3%A1-l%C3%A9ta-re%C5%BEis%C3%A9r-boris-proch%C3%A1zka-slavn%C3%BDch-osobnost%C3%AD-se-pt/3041819499466624/
Has any motive been identified for the killing?
The motive is a subject of investigation.
https://www.ahaonline.cz/clanek/musite-vedet/192452/sok-po-strelbe-na-kladensku-obeti-je-znamy-doktor-leos-streda-58.html
I guess hurt butts, sorry, i mean feelings.
Alexy; Mr Putin its Alexy at Gazprom
Vlad; Hello
Alexy I am sorry to bother you i hope its not a bad time?
Vlad; we are just decorating the bunker
Alexy; How is it going
Vlad well its freakin hot 12 kilometers deep even in Siberia. We got some furniture before the shelves went empty. I had to send a spetnaz squad. They got it. Barely. The bubaskenkas dont play.
Alexy; Sir the bids came in on the gas bill Euros.
Vlad; And?
Alexy; IKEA moskow said they would take them at 2 to 1. That bakery down the street on volstod way said they would take some at two to one. The one that makes those cheese thingys.
Vlad; Oh those are yummy. Thats it?
Alexy; yes sir
Vlad; You asked Abramov?
Alexy; Yes he said he digs Beijing the most now.
Vlad; Shit we were better off taking them at the spot rate and dumping them with Abramov
Alexy; yes
Vlad; Have the kids been good? The communication robot only goes to the surface every 4 days.
Alexy; France says “we need to come to a compromise”
Vlad; mmhmph
Alexy; Germany say “all options should be considered”
Vlad; mmmghmph
Alexy; Poland just launched a mini series. It depicts Zelansky in his early days in the monastery. First episode shows him smashing vodka bottles at a club with a staff with Azmov runes on the head.
Vlad; always acting out Warsaw.
Vlad; Give them four to one.
Alexy Sir that sticks us with half?
Vlad; Alexy do you think I like it here in the bunker?
Alexy; No sir
Vlad do you know how long it has been since i have been to my hunting lodge on Svetlana lake? Six weeks.
Alexy; Yes sir
Vlad; My French friend Esmerelda wont even visit me! She says 12 kilometers below the earths surface is depressing. Natasha is this place depressing? (unintelligble reply)
Alexy: We know you have made sacrifices for the motherland sir.
Vlad; My analyst says im depressed. No shit. A red button that launches 1205 hypersonic missles and ends all human life. 800 rubles a hour to figure out Im depressed? I missed the boat should have been a shrink.
Alexy Sir?
Vlad; Give them four.
Alexy; Yes sir
Vlad; good night
A few hours later
Emanuel; Jerome its Emanuel.
Jerome; Whats shaking boss?
Emanuel; I hope its a good time?
Jerome; just crunching some numbers with associates
Jerome; Veronica dont do that it tickles. (unintelligible reply)
Emanuel; The russians converted our Euros at Four to one.
Jerome: WHAT!
Emanuel; They say thats what the free market rate is.
Jerome; Why those ingrate hillbillies. I programed the quantum computer myself this morning and it produced a legitimate market rate of 8.438 to one in high frequency trading
Emanuel; Sir?
Jerome; Damn it Tiffany do you know what that shit costs ? You just spilled like two bills worth. (unintelligible reply)
Jerome; Free market? Putin listens to the mamas and poppas? Doesnt know who 9 inch nails is?
Emanuel; Sir?
Emanuel; That leaves us a bit short sir
Jerome; So you need some juice?
Emanuel; Yes sir.
Jerome; Some special sauce?
Emanuel; Yes sir.
Jerome; 20 million will cover?
Emanuel; Nicely
Jerome; let me get my Iphone, Done
Emanuel; Thank you sir
Jerome; any time good night
I apologize for the earlier pessimistic post. It doesnt matter what the rate is they are paying in fiat. 100x zero is still zero.Who cares what the rate when the gas is free and the currency infinite? I must have gotten by the april fool fairy with me the fool. ALL THAT MATTERS IS THAT THE SPICE MUST FLOW.
Great stuff, thanks!
The rate does matter though. The Elders are savers (as well as debtors). All the focus on inflation is a misdirection play. 100X would mean that their savings would go up in smoke.
When the Elites are savers, you can bet the farm on the depression being deflationary before it’s hyperinflationary, because the deflation makes their savings exponentially more valuable. And they’re not stupid.
If true, wow!
https://www.zerohedge.com/energy/gazprom-halts-gas-shipments-europe-critical-pipeline
Dennis L.
Could be true, but click-bait nonetheless. The flow through the Yamal-Europe link has been slow/stopped/gone-in-reverse since at least December 2021, https://www.energyintel.com/0000017d-dd20-d944-a3fd-dd3679b10000, with Gazprom still satisfying their contractual obligations via the Nord Stream and the southern pipelines.
Summary: Only two births were recorded, one was successful and another resulted in infant death. Breastfeeding indeed affects infants and proves mRNA vaccine shedding by breastfeeding mothers.
1 Infant Death For Every Birth
https://igorchudov.substack.com/p/pfizer-confidential-1-infant-death
Taking the pulse of the MOREONS…
I was informed by one of them yesterday that the EV version of the exact same car he was driving was absolutely awesome and that given sufficient funds he’d trade his car in and buy that EV (his car – used – 15k – similar year EV – 42k!!!!)….
I asked if there are any differences in the car – nope same car – just EV… so why pay nearly triple?
Cuz it’s really cool – cuz the maintenance costs are lower .. I suggested checking up on that cuz my understanding is when you factory in battery replacement and more frequent tyre changes it is a wash…
And the killer — cuz I can put a few solar panels on the garage and directly charge the car over night ….. I suggested investigating that because I am unware of any EVs and can be directly charged from panels – you need to have an invertor + batteries – then plug the car into that … and you’d need a lot of panels to even partially charge it…
I also mentioned range is an issue — you won’t make it to Dunedin – 3 hour drive — after a few years – a mate has a Tesla top of the line and he couldn’t make it — the battery degrades… like a cell phone.
So nearly triple the price — cuz. WTF
Not to pick on this MOREON — the point of this is that is point how just how stoooopid the average MOREON is… because most people are MOREONS… they believe whatever spin the EV makers feed them…. and they have to find out the hard way that they are a MOREON
Did I not recently read that a very large % of EV owners trade back to ICE… that’s cuz they realized that they were MOREONS .. and were swindled.. almost everyone born everyday is a sucker. and a MOREON
Cuz the news told them so. hahahahahahaha f789ing IDIOTS everywhere
Replacing batteries in a EV can be uber expensive like “thousands of dollars”. A customer of mine told me, he had his batteries replaced under warranty in his Chevy Volt. IIRC, it was like $5000-7000 he didn’t have to pay. It’s not cheap to perform a battery service on EV’s.
Here’s an article which backs that up. A battery service on EV’s range anywhere from $2000 up to $34000, depending on the vehcile.
I lost the original article but I found another one and it’s still not cheap.
https://www.recurrentauto.com/research/costs-ev-battery-replacement
Wasn’t there a dude who blew up his Tesla last year when he found out the cost of the replacement battery?
IIRC….due bought Tesla in 2013….needed new battery in 2021…was quoted in the region of $20k to replace.
Yes, a finn, so nothing outside the ordinary.
My impression is that batteries degrade with time, even if the vehicle is not driven a lot of miles. So a person who uses an electric car for relatively few miles (drive to a nearby office a few days a month, for example), will have to replace the battery almost as frequently as person using a vehicle to provide Uber or Taxi service. Thus, the cost of the battery, per mile, is quite high if a vehicle is not driven many miles.
Also, in the last year, battery costs have been rising, not falling. Forecasts of future battery costs from the article are likely quite a bit too low.
Id love to see the real numbers on battery pak life. Dont think they are so hot based on a few examples?
Pingback: No One Will Win in the Russia-Ukraine Conflict - Current Time News
Pingback: No One Will Win within the Russia-Ukraine Battle - isuranceclub.cc
Pingback: No One Will Win within the Russia-Ukraine Battle - BuyInsuranceGroup.com