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The years between 1981 and 2020 were very special years for the world economy because interest rates were generally falling:
In some sense, falling interest rates meant that debt was becoming increasingly affordable. The monthly out-of-pocket expense for a new $500,000 mortgage was falling lower and lower. Automobile payments for a new $30,000 vehicle could more easily be accommodated into a person’s budget. A business would find it more affordable to add $5,000,000 in new debt to open at an additional location. With these beneficial effects, it would be no surprise if a debt bubble were to form.
With an ever-lower cost of debt, the economy has had a hidden tailwind pushing it long between 1981 to 2020. Now that interest rates are again rising, the danger is that a substantial portion of this debt bubble may collapse. My concern is that the economy may be heading for an incredibly hard landing because of the inter-relationship between interest rates and energy prices (Figure 2), and the important role energy plays in powering the economy.
In this post, I will try to explain my concerns.
[1] Ever since civilization began, a combination of (a) energy consumption and (b) debt has been required to power the economy.
Under the laws of physics, energy is required to power the economy. This happens because it takes the “dissipation” of energy to perform any activity that contributes to GDP. The energy dissipated can be the food energy that a person eats, or it can be wood or coal or another material burned to provide energy. Sometimes the energy dissipated is in the form of electricity. Looking back, we can see the close relationship between total energy consumption and world total GDP.
The need for debt or some other approach that acts as a funding mechanism for capital expenditures (sale of shares of stock, for example), comes from the fact that humans make investments that will not produce a return for many years. For example, ever since civilization began, people have been planting crops. In some cases, there is a delay of a few months before a crop is produced; in other cases, such as with fruit or nut trees, there can be a delay of years before the investment pays back. Even the purchase by an individual of a home or a vehicle is, in a sense, an investment that will offer a return over a period of years.
With all parts of the economy benefiting from the lower interest rates (except, perhaps, banks and others lending the funds, who are making less profit from the lower interest rates), it is easy to see why lower interest rates would tend to stimulate new investment and drive up demand for commodities.
Commodities are used in great quantity, but the supply available at any one time is tiny by comparison. A sudden increase in demand will tend to send the commodity price higher because the quantity of the commodity available will need to be rationed among more would-be purchasers. A sudden decrease in the demand for a commodity (for example, crude oil, or wheat) will tend to send prices lower. Therefore, we see the strange sharp corners in Figure 2 that seem to be related to changing debt levels and higher or lower interest rates.
[2] The current plan of central banks is to raise interest rates aggressively. My concern is that this approach will leave commodity prices too low for producers. They will be tempted to decrease or stop production.
Politicians are concerned about the price of food and fuel being too high for consumers. Lenders are concerned about interest rates being too low to properly compensate for the loss of value of their investments due to inflation. The plan, which is already being implemented in the United States, is to raise interest rates and to significantly reverse Quantitative Easing (QE). Some people call the latter Quantitative Tightening (QT).
The concern that I have is that aggressively raising interest rates and reversing QE will lead to commodity prices that are too low for producers. There are likely to be many other impacts as well, such as the following:
- Lower energy supply, due to cutbacks in production and lack of new investment
- Lower food supply, due to inadequate fertilizer and broken supply lines
- Much defaulting of debt
- Pension plans that reduce or stop payments because of debt-related problems
- Falling prices of stock
- Defaults on derivatives
[3] My analysis shows how important increased energy consumption has been to economic growth over the last 200 years. Energy consumption per capita has been growing during this entire period, except during times of serious economic distress.
Figure 4 shows the amazing growth in world energy consumption between 1820 and 2010. In the early part of the period, the energy used was mostly wood burned as fuel. In some parts of the world, animal dung was also used as fuel. Gradually, other fuels were added to the mix.
Figure 5 takes the same information shown in Figure 4 and calculates the average approximate annual increase in world energy consumption over 10-year periods. A person can see from this chart that the periods from 1951-1960 and from 1961-1970 were outliers on the high side. This was the time of rebuilding after World War II. Many families were able to own a car for the first time. The US highway interstate system was begun. Many pipelines and electricity transmission lines were built. This building continued into the 1971-1980 period.
Figure 6 displays the same information as Figure 5, except that each column is divided into two pieces. The lower (blue) portion represents the average annual growth in population during each period. The part left over at the top (in red) represents the growth in energy consumption that was available for increases in standard of living.
Figure 7 shows the same information as Figure 6, displayed as an area chart. I have also shown some of the distressing events that happened when growth in population was, in effect, taking up essentially all of energy consumption growth. The world economy could not grow normally. There was a tendency toward conflict. Unusual events would happen during these periods, including the collapse of the central government of the Soviet Union and the restrictions associated with the COVID pandemic.
The economy is a self-organizing system that behaves strangely when there is not enough inexpensive energy of the right types available to the system. Wars tend to start. Layers of government may disappear. Strange lockdowns may occur, such as the current restrictions in China.
[4] The energy situation at the time of rising interest rates in the 1960 to 1980 period was very different from today.
If we define years with high inflation rates as those with inflation rates of 5% or higher, Figure 8 shows that the period with high US inflation rates included nearly all the years from 1969 through 1982. Using a 5% inflation cutoff, the year 2021 would not qualify as a high inflation rate year.
It is only when we look at annualized quarterly data that inflation rates start spiking to high levels. Inflation rates have been above 5% in each of the four quarters ended 2022-Q1. Trade problems related to the Ukraine Conflict have tended to add to price pressures recently.
Underlying these price spikes are increases in the prices of many commodities. Some of this represents a bounce back from artificially low prices that began in late 2014, probably related to the discontinuation of US QE3 (See Figure 2). These prices were far too low for producers. Coal and natural gas prices have also needed to rise, as a result of depletion and prior low prices. Food prices are also rising rapidly, since food is grown and transported using considerable quantities of fossil fuels.
The main differences between that period leading up to 1980 and now are the following:
[a] The big problem in the 1970s was spiking crude oil prices. Now, our problems seem to be spiking crude oil, natural gas and coal prices. In fact, nuclear power may also be a problem because a significant portion of uranium processing is performed in Russia. Thus, we now seem to be verging on losing nearly all our energy supplies to conflict or high prices!
[b] In the 1970s, there were many solutions to the crude oil problem, which were easily implemented. Electricity production could be switched from crude oil to coal or nuclear, with little problem, apart from building the new infrastructure. US cars were very large and fuel inefficient in the early 1970s. These could be replaced with smaller, more fuel-efficient vehicles that were already being manufactured in Europe and Japan. Home heating could be transferred to natural gas or propane, to save crude oil for places where energy density was really needed.
Today, we are told that a transition to green energy is a solution. Unfortunately, this is mostly wishful thinking. At best, a transition to green energy will need a huge investment of fossil fuels (which are increasingly unavailable) over a period of at least 30 to 50 years if it is to be successful. See my article, Limits to Green Energy Are Becoming Much Clearer. Vaclav Smil, in his book Energy Transitions: History, Requirements and Prospects, discusses the need for very long transitions because energy supply needs to match the devices using it. Furthermore, new energy types are generally only add-ons to other supply, not replacements for those supplies.
[c] The types of economic growth in (a) the 1960 to 1980 period and (b) the period since 2008 are very different. In the earlier of these periods (especially prior to 1973), it was easy to extract oil, coal and natural gas inexpensively. Inflation-adjusted oil prices of less than $20 per barrel were typical. An ever-increasing supply of this oil seemed to be available. New machines (created with fossil fuels) made workers increasingly efficient. The economy tended to “overheat” if interest rates were not repeatedly raised (Figure 1). While higher interest rates could be expected to slow the economy, this was of little concern because rapid growth seemed to be inevitable. The supply of finished goods and services made by the economy was growing rapidly, even with headwinds from the higher interest rates.
On the other hand, in the 2008 to 2020 period, economic growth is largely the result of financial manipulation. The system has been flooded with increasing amounts of debt at ever lower interest rates. By the time of the lockdowns of 2020, would-be workers were being paid for doing nothing. World production of finished goods and services declined in 2020, and it has had difficulty rising since. In the first quarter of 2022, the US economy contracted by -1.4%. If headwinds from higher interest rates and QT are added, the economic system is likely to encounter substantial debt defaults and increasing breakdowns of supply lines.
[5] Today’s spiking energy prices appear to be much more closely related to the problems of the 1913 to 1945 era than they are to the problems of the late 1970s.
Looking back at Figure 7, our current period is more like the period between the two world wars than the period in the 1970s that we often associate with high inflation. In both periods, the “red” portion of the chart (the portion I identify with rising standard of living), has pretty much disappeared. In both the 1913 to 1945 period and today, it is nearly all the energy supplies other than biofuels that are disappearing.
In the 1913 to 1945 period, the problem was coal. Mines were becoming increasingly depleted, but raising coal prices to pay for the higher cost of extracting coal from depleted mines tended to make the coal prohibitively expensive. Mine operators tried to reduce wages, but this was not a solution either. Fighting broke out among countries, almost certainly related to inadequate coal supplies. Countries wanted coal to supply to their citizens so that industry could continue, and so that citizens could continue heating their homes.
As stated at the beginning of this section, today’s problem is that nearly all our energy supplies are becoming unaffordable. In some sense, wind and solar may look better, but this is because of mandates and subsidies. They are not suitable for operating the world economy within any reasonable time frame.
There are other parallels to the 1913 to 1945 period. One of the big problems of the 1930s was prices that would not rise high enough for farmers to make a profit. Oil prices in the United States were extraordinarily low then. BP 2021 Statistical Review of World Energy reports that the average oil price in 1931, in 2020 US$, was $11.08. This is the lowest inflation-adjusted price of any year back to 1865. Such a price was almost certainly too low for producers to make a profit. Low prices, relative to rising costs, have recently been problems for both farmers and oil producers.
Another major problem of the 1930s was huge income disparity. Wide income disparity is again an issue today, thanks to increased specialization. Competition with unskilled workers in low wage countries is also an issue.
It is important to note that the big problem of the 1930s was deflation rather than inflation, as the debt bubble started popping in 1929.
[6] If a person looks only at the outcome of raising interest rates in the 1960s to 1980 timeframe, it is easy to get a misleading idea of the impact of increased interest rates now.
If people look only at what happened in the 1980s, the longer-term impact of the spike in interest rates doesn’t seem too severe. The world economy was growing well before the interest rates were raised. After the peak in interest rates, the world economy generally continued to grow. As a result of the high oil prices and the spiking interest rates, the world hastened its transition to using a bit less crude oil per person.
At the same time, the world economy was able to expand the use of other energy products, at least through 2018.
Since 2019, our problem has been that the total energy supply has not been keeping up with the rising population. The cost of extraction of all kinds of oil, coal and natural gas keeps rising due to depletion, but the ability of customers to afford the higher prices of finished goods and services made with those energy products does not rise to match these higher costs. Energy prices probably would have spiked in 2020 if it were not for COVID-related restrictions. Production of oil, coal and natural gas has not been able to rise sufficiently after the lockdowns for economies to fully re-open. This is the primary reason for the recent spiking of energy prices.
Turning to inflation rates, the relationship between higher interest rates (Figure 1) and annual inflation rates (Figure 8) is surprisingly not very close. Inflation rates rose during the 1960 to 1973 period despite rising interest rates, mostly likely because of the rapid growth of the economy from an increased per-capita supply of inexpensive energy.
Figure 8 shows that inflation rates did not come down immediately after interest rates were raised to a high level in 1980, either. There was a decline in the inflation rate to 4% in 1983, but it was not until the collapse of the central government of the Soviet Union in 1991 that inflation rates have tended to stay close to 2% per year.
[7] A more relevant recent example with respect to the expected impact of rising interest rates is the impact of the increase in US short-term interest rates in the 2004 to 2007 period. This led to the subprime debt collapse in the US, associated with the Great Recession of 2008-2009.
Looking back at Figure 1, one can see the effect of raising short-term interest rates in the 2004 to 2007 era. This eventually led to the Great Recession of 2008-2009. I wrote about this in my academic paper, Oil Supply Limits and the Continuing Financial Crisis, published in the journal Energy in 2010.
The situation we are facing today is much more severe than in 2008. The debt bubble is much larger. The shortage of energy products has spread beyond oil to coal and natural gas, as well. The idea of raising interest rates today is very much like going into the Great Depression and deciding to raise interest rates because bankers don’t feel like they are getting an adequate share of the goods and services produced by the economy. If there really aren’t enough goods and services for everyone, giving lenders a larger share of the total supply cannot work out well.
[8] The problems we are encountering have been hidden for many years by an outdated understanding of how the economy operates.
Because of the physics of the economy, it behaves very differently than most people assume. People almost invariably assume that all aspects of the economy can “stay together” regardless of whether there are shortages of energy or of other products. People also assume that shortages will be immediately become obvious through high prices, without realizing the huge role interest rates and debt levels play. People further assume that these spiking prices will somehow bring about greater supply, and the whole system will go on as before. Furthermore, they expect that whatever resources are in the ground, which we have the technical capability to extract, can be extracted.
It is important to note that prices are not necessarily a good indicator of shortages. Just as a fever can have many causes, high prices can have many causes.
The economy can only continue as long as all of its important parts continue. We cannot assume that reported reserves of anything can really be extracted, even if the reserves have been audited by a reliable auditor. What actually can be extracted depends on prices staying high enough to generate funds for additional investment as required. The amount that can be extracted also depends on the continuation of international supply lines providing goods such as steel pipe. The continued existence of governments that can keep order in the areas where extraction is to take place is important, as well.
What we should be most concerned about is a very rapidly shrinking economic system that cannot accommodate very many people. It seems that such a situation might occur if the debt bubble is popped and too many supply lines are broken. There may be a time lag between when interest rates are raised and when the adverse impacts on the economy are seen. This is a reason why central bankers should be very cautious about the increases in interest rates they make as well as QT. The situation may turn out much worse than planned!
Fears of Cover-up as Pathologist Who Said 30-40% of Post-Vaccine Autopsies Died of the Vaccine Went Oddly Silent and Suddenly Stopped Carrying Out Autopsies
https://dailysceptic.org/2022/05/31/fears-of-cover-up-as-pathologist-who-said-30-40-of-post-vaccine-autopsies-died-of-the-vaccine-went-oddly-silent-and-suddenly-stopped-carrying-out-autopsies/
Embattled Uvalde school district police chief Pete Arredondo has stopped cooperating with Texas probe into the Robb Elementary School massacre, Texas DPS says.
What’s going on here?
https://www.dailymail.co.uk/news/article-10872813/Uvalde-police-school-district-force-stop-cooperating-Texas-department-public-safety.html
more crisis actors eddy?
where would your comments be without them
Two crisis actor “fathers” share the same daughter in Uvalde, Texas.
NBC and CNN interview two different crisis actors who claim to be the same biological father of the same girl. They show the same pictures of the same girl. No tears whatsoever.
https://www.bitchute.com/video/eYZhmhMAJbmj/
why inject children norm?
more clickbait eddy?
You really truly are a total ___________.
You must be insufferable in real life.
Norm may be wrong sometimes but he may be right too. The point is, he is a nice and pleasant person. You should learn from him FE. What is the most important in life? Being right or having the right attitude? Who would you share a day with ? FE or Norm?
lol thanks Thierry
I will put your question to my gf
i am still waiting for her answer eddy
she says she needs time to think it over
A day with norm… let’s see what that would look like … 10lb deadlifts in the morning… change of diapers then off to the pool for aquaerobics… then to the pub to listen to norm bore the regulars with cheap energy talk.. once norm gets pissed he gets thrown out and you follow him to the dumpster where Super Snatch is waiting — you can have seconds if you are keen … then back home for a change of diaper – then you cuddle up with the blow up doll and watch Myth Busters…
Is someone who is unwilling to acknowledge reality ‘nice’… I suppose MOREONS are often nice — as long as they don’t get triggered into discussing a mass psychosis …
they are incredibly irritating – and boring … at best… nice… someone’s granny might be nice but would you want to spend a day with granny????
You want the VIP room … you choose Fast … but the thing is… Fast avoids MOREONS
Yes Thierry, Norm is a pleasant person. He supports censorship because “it makes people nicer” and he never said a word against forcing medical procedures on people.
What about you Thierry? Where do you stand here? Most Germans were “nice” in the 1930s and 40s – they just nicely followed the govt and closed their eyes when their neighbors were disappeared.
nomad
i think you are reworking comments to suit your own bias
i reject the output of conspiraholics,—which is not the same as supporting censorship–i most certainly do not.
conspiromania is rife—why is that?–because we all have the means to spread our own version of loonery (irrespective of subject) at our fingertips.
There was little conspiromania before everyone has access to instant media
now i can spread any daft idea x 1 million in a matter of minutes–which i why i reject all of it. I try to do it with a sense of humour if possible–that tends to upset people.—hence the screaming epithets from certain quarters–it upsets their version of reality.
OFW has an archive. There was no conspiratitis until about 2015 you can check it out. Which was when mass media really started to take off.
I can even remember a time before eddy got infected–now literally everything is a hoax. Why?–because he can dig up material to prove it. I can dig up material to prove the opposite—if i was interested enough
We even had a flat earther in OFW a while back–he got most annoyed when we rejected his ‘proof’ with rude noises.
this is not to say the planet isn’t being looted for profit—it is. And we are going to suffer as a result.
But theres no ‘cabal of elders’ behind it, trying to bump us all off–we are quite capable of doing that to ourselves tyvm.
Bill Gates really isnt tracking you through his 5g masts.
Fauci isnt working for the Chinese.
But if you insist on believing all that stuff—fine. I dont start ranting about it.
you may be right eddy—that could apply to most of us
but throughout my real life, i have never felt the need to ‘score’–in ‘that’ context or any other. (your word–not mine)
which is why i am privileged to enjoy company that does not appear to find me so.
you should rid yourself of that attitude eddy—you will live longer.
Funny how I never read FE threaten anyone. And how easy it is to just scroll past a comment. No?
Yep Thierry, the veil of “niceties” is rather flimsy.
There’s no hiding a vile beast to the observant. That is why solitude is the only option. Minimal interaction with the rapacious primates solipsist theatrics.
Unfortunately these cretins can’t be “scrolled” past in everyday affairs. Luckily a few of them are rather pleasant, genuine. The rest; not so much. Just projecting the generic primate crap.
Full of sanctimonious hypocrisy, compartmentalization, cognitive dissonance and blatant disregard for the species and planet.
Oh yes!
YOLO!
MOAR!
🤣👍👍
@ nomadic beer
That thing you think happened in Germany in the 1940s did not in fact happen.
I am rather amused Nomadic by your comparison. I am unvaxxed and I do not support censorship or anything mandatory. Neither do I enjoy when someone dies, but FE does it with a much childish behaviour. I sometimes disagree with Norm but I always appreciate the way he tries to express his thoughts. I sometimes agree with FE but I am always embarassed to admit it. Norm represents a minority here and we should remember how we are ourselves treated as a minority in the real world. We don’t need to be as rude as this.
Thierry
rudeness merely shows up an awareness of social inadequacy, and attention seeking to compensate for it.
bear that in mind, and unhinged random comments, with ‘out of context’ subject matter start to make sense. and of course make it easier to deal with.
you’re in a restaurant, and a diner makes a point of being rude to a waiter—knowing that the waiter, because its his job, can’t tip a bowl of soup over the diner’s head, much as he would like to.
The diner knows he can get away with it.
same in say, a medical centre, a ‘customer’ storms in, ranting about ‘inadequate treatment’–the young girl behind the desk has to nod politely and say ‘yes sir’—‘no sir’—the ‘customer’ through his behaviour, is showing his own inadequacy and must call attention to his own ‘importance’ in a situation where he knows he can also get away with it..
Once again norm demonstrates his …. deficiencies..
Let’s help norm … Fast Eddy knows 20 people who have been to Restaurant A — all served by Bob the Waiter.
5 of them died – 10 of them were seriously ill with heart damage and blood clots within hours of eating a Restaurant A.
Fast Eddy decides to visit Restaurant A – orders soup and a sandwich — then grabs Bob by the throat and shoves the sandwich in his mouth and tries to force him to eat it as well as the soup….
Bob fights back as if his life depends up on it (because it does)… he spits the food all over the floor and screams at Fast Eddy – what do you think you are doing!!!
Fast Eddy hits Bob with a shovel and says — stop dishing out poison Bob… and next time I might tip you.
If norm would respond to The Questions … the Beatings would stop.
start with beating eggs eddy
(provided someone has broken the shells for you of course)
then work your way up from there.
(like i said–attention seeking–but dont let me stop you)
my explanation of unhinged behaviour was pretty clear i think. No mention of Mr Savile today—is everything OK—on subject matter?
You wanna call that nurse and speak to her about injecting babies?
She would welcome a friendly voice after being run through the Meat Grinder by FE for 30 minutes.
She may be off with a severe headache so try tomorrow
0800611116
eddy
If i walked into my favourite local (michelin) restaurant carrying a shovel, I think the waiter in question might get somewhat suspicious about my eating habits. The chefs too have a ‘prima donna’ reputation there too. (well justified though)
Probably that sort of thing wouldn’t raise an eyebrow in NZ.
Everybody eats out bringing a garden fork and shovel.
Or maybe it’s just a personal predilection?
Local customs can be so quaint don’t you think ?
But you reinforced my observation about ‘dominating’ a situation where the opposite person isn’t in a position to kick back.—medical stuff run through eddy’s meat grinder? what fun for them.
what fantasy for you.
i don’t deal in fantasies–just reality–you should try it.
This is what 4 Pfizer injections does to the brain of a geriatric….
no innuendo today eddy?
No inflatable personnel?
No references to Mr Savile?
you must be running short on subject matter
give me a little while and I’ll come up with something controversial for you.
Waiting on you or mike to post a stooopid comment
Watched American Moon lately?
Yep, we all should electrify our lives..good old clean energy!
The reality is the electricity system is old and a lot of the infrastructure was built before we started thinking about climate change,” said Romany Webb, a researcher at Columbia University’s Sabin Center for Climate Change Law. “It’s not designed to withstand the impacts of climate change.”
Webb says many power grid operators use historical weather to make investment decisions, rather than the more dire climate projections, simply because they want to avoid the possibility of financial loss for investing in what might happen versus what has already happened. She said it’s the wrong approach and it makes the grid vulnerable.
“We have seen a reluctance on the part of many utilities to factor climate change into their planning processes because they say the science around climate change is too uncertain,” Webb said. “The reality is we know climate change is happening, we know the impact it has in terms of more severe heatwaves, hurricanes, drought, and we know that all of those things affect the electricity system so ignoring those impacts just makes the problems worse.”
View this interactive content on CNN.com
An early heatwave knocked six power plants offline in Texas earlier this month. Residents were asked to limit electricity use, keeping thermostats at 78 degrees or higher and avoid using large appliances at peak times. The Electric Reliability Council of Texas, or ERCOT, in its seasonal reliability report, said the state’s power grid is prepared for the summer and has “sufficient” power for “normal” summer conditions, based on average weather from 2006 to 2020.
But NOAA’s recently released summer outlook forecasts above average temperatures for every county in the nation.
“We are continuing to design and site facilities based on historical weather patterns that we know in the age of climate change are not a good proxy for future conditions,” Webb told CNN.
When asked if the agency is creating a blind spot for itself by not accounting for extreme weather predictions, an ERCOT spokesperson told CNN the report “uses a scenario approach to illustrate a range of resource adequacy outcomes based on extreme system conditions, including some extreme weather scenarios.”
……Compounding the US power grid’s supply and demand problem is drought: NERC tells CNN there’s been a 2% loss of reliable hydropower from the nation’s power-producing dams. Add to that the rapid retirement of many coal power plants — all while nearly everything from toothbrushes to cars are now electrified. Energy experts say adding more renewables into the mix will have the dual impact of cutting climate change inducing greenhouse gas emissions but also increasing the nation’s power supply.
Glad Greta advised me to put up an outdoor cloths line …
Latest UK MHRA Yellow Card Data following Covid-19 Injection to 18th May 2022 (released 26th May 2022)
Overall UK Totals: Total Reported Deaths and Injuries 1,494,623 with 2,148 Deaths, reported by 456,636 people:
1. Blood Disorders: Total Deaths and Injuries 27,582 with 24 Deaths
2. Cardiac Disorders: Total Deaths and Injuries 28,394 with 377 Deaths
3. Congenital Disorders: Total Deaths and Injuries 232 with 3 Deaths
4. Ear Disorders: Total Deaths and Injuries 18,900 with 1 Death
5. Endocrine Disorders: Total Deaths and Injuries 934 with no Deaths reported
6. Eye Disorders: Total Deaths and Injuries 24,791 with no Deaths reported
7. Gastrointestinal Disorders: Total Deaths and Injuries 135,483 with 35 Deaths
8. General Disorders: Total Deaths and Injuries 418,924 with 696 Deaths
9. Hepatic Disorders: Total Deaths and Injuries 872 with 11 Deaths
10. Immune Disorders: Total Deaths and Injuries 6,654 with 8 Deaths
11. Infections: Total Deaths and Injuries 35,711 with 241 Deaths
12. Injuries: Total Deaths and Injuries 19,825 with 4 Deaths
13. Investigations: Total Deaths and Injuries 19,977 with 5 Deaths
14. Metabolic Disorders: Total Deaths and Injuries 12,577 with 5 Deaths
15. Muscle and Tissue Disorders: Total Deaths and Injuries 176,069 with 3 Deaths
16. Cancers / Tumors (Neoplasm): Total Deaths and Injuries 993 with 30 Deaths
17. Nervous System Disorders: Total Deaths and Injuries 286,629 with 335 Deaths
18. Pregnancy Conditions (includes miscarriages as injuries!): Total Deaths and Injuries 1,192 with 20 Deaths
19. Null: Total Deaths and Injuries 356 with 1 Death
20. Psychiatric disorders: Total Deaths and Injuries 31,513 with 11 Deaths
21. Renal & urinary disorders: Total Deaths and Injuries 4,593 with 15 Deaths
22. Reproductive & breast disorders: Total Deaths and Injuries 57,793 with 1 Death
23. Respiratory disorders: Total Deaths and Injuries 56,650 with 221 Deaths
24. Skin disorders: Total Deaths and Injuries 101,793 with 3 Deaths
25. Social circumstances: Total Deaths and Injuries 861 with no Deaths reported
26. Surgical & medical procedures: Total Deaths and Injuries 2,266 with 1 Death
27. Vascular disorders: Total Deaths and Injuries 23,079 with 97 Deaths
Only 1-10% Reported (per MHRA)
These are just the short term injuries and deaths
Link to MHRA Data: https://www.gov.uk/government/publications/coronavirus-covid-19-vaccine-adverse-reactions
It would seem that if we multiply by 10, we will be on safe ground in estimating the real figures.
‘Psychiatric disorders’ resulting in death – driven to suicide by their injuries? Horrifying!
Allowing this to continue is certainly ‘gross negligence contributary to manslaughter’: no one could possibly maintain that this is good public health practice.
One can only conclude that this harm is either intentional and malicious, or – just as chilling – perhaps ‘acceptable collateral damage’ in the pursuit of a further policy objective.
I suspect that you are correct — there must be a lot of vax injured offing themselves… not only are they enduring months with no improvement — they are getting ZERO help from doctors who accuse them of having anxiety — and the CovIDIOTS treat them as pariahs — who must not be mentioned because that will result in less injection uptake.
Not once have I heard anyone mention our mate with the heart damage — nobody ever asks how’s he doing .. it’s like become the crazy family member who is kept in the closet. I doubt anyone reaches out to ask he’s doing.
And just reflect on ‘Respiratory Disorders’: this means several thousand people simply choking and suffocating to death, and many more left in a state of chronic illness ( I have lots of experience of this – a horrible and frightening way to die).
Of course, such problems are caused even by conventional, true, vaccines: Jessica Rose suffered this it seems after several vaxxes given in a bunch prior to travel.
Big Pharma have been getting away with a lot over the years, and general collusion in the medical profession has covered it up for them.
Switzerland cannot be considered a neutral or non-aligned country at all, and this ended well before Russian commenced its SMO in Ukie.
By being the ongoing host of the WEF it has shown its colours from well beore the US-led provocations on Russia’s border.
In addition to ….
‘European Commission spokesman Peter Stano said last week that the bloc expected Switzerland to “follow suit in standing up for defending the principles on which our communities and countries are based.’ Theft, murder, double dealing, reneging…nice little US offshoot.
https://edition.cnn.com/2022/03/01/business/switzerland-sanction-russia-freeze-assets-intl-hnk/index.html
Yep based on false narratives; they did nothing to help uphold the Minsk agreements.
Send one over Vlad.P.
Agriculture is a carbon based activity: growing crops for turning the carbon in the soil and in the air into food.
That is why the story of the ancestral sin in the Bible is about a crop and about the difficulty of growing food after the sin was commited in the Garden of Eden.
The garden is a man made structure. How a garden could be created by God? Only then, when God is energy.
The sin is the depletion. Getting more and more, going beyond the limits.
Hopefully, this comment is just some Malthus’ hallucination.
Field agriculture has destroyed more futures than war ever did. It is original sin. In my neighborhood 8-10 tons of topsoil are lost for every ton of grain produced and this is modern first world ag….. an utter catastrophe.
Farmers lead to cities, cities lead to collapse.
The Comanche and Mongols had it right, modern humans have it wrong.
Adam, Eve & John Deere – yeah, the Bible is pretty critical of their fckups.
I remember hearing about the issue of lost topsoil before. This is yet another problem that “flies under our radar” as long as we have rising energy supplies to try to provide workarounds to the problem.
Exactly. It is fertilizer price/supply that is a critical metric to follow. Modern agriculture is a simpletons enterprise masquerading as high technology. Once fertilizer becomes unavailable or uneconomic field ag production will collapse instantly.
The only “ large scale” agriculture that could ever work long term is herding/ ranching/ transhumance…….. nothing else can cut it.
In fact the only modern human endeavours worth even having around are horticulture, ranching, trapping and forestry……. all else is parasitism
These are very good observations:
high energy agriculture vs low energy horticulture as outside of the Eden vs inside of the Eden in the Bible
high energy hunting vs low energy trapping
high energy housing of animals vs low energy herding, ranching, transhumance
The countryside (low energy) vs the city, the Tower of Babel (high energy)
The peace/equilibrium of the Heaven (low energy) vs the conflict/fire of the Hell (high energy)
The first person who put a seed into the ground and watered should have been skinned alive and put on a stake to warn others not to farm.
You may be right.
If there were 100,000 humans in the world, and they did not kill off other species, maybe they could co-exist with others. As it is, humans need the extra energy from burning fuels of various sorts, including wood and later fossil fuels. This allowed food to be cooked and allowed many other activities. With this extra energy, humans were able to be superior to animals, at least in some ways, for a while.
The elders are rationing out energy by doing this energy prices will stay high leading to high interest rates which will slow down consumption this will usher in bau lite for a few more decades allowing green technology and depopulation agenda to flourish therefore no ripping of faces or spent fuel pool release well done elders well played
yes onward to bau lite.
at least in the Core.
at least until the 2030s.
high prices are so good.
it is what it is.
hahaha
https://www.theguardian.com/football/2022/may/30/craig-farrell-former-carlisle-york-and-england-youth-striker-dies-age-39
@DowdEdward
the Guardian (https://www.theguardian.com/football/2022/may/30/craig-farrell-former-carlisle-york-and-england-youth-striker-dies-age-39)
Craig Farrell, former Carlisle, York and England youth striker, dies age 39
The forward’s former clubs confirmed death of ‘likable young man’ Craig Farrell, who scored 71 league goals and was capped
Hmmmm
https://t.me/robinmg/20033
Are you sure it was caused by the vaccines? Because we all they are safe and effective.
Here, we present a rare case where encephalopathy, myocarditis, and thrombocytopenia developed simultaneously following the second dose of Pfizer-BioNTech mRNA vaccine (BNT162b2).
A 15-years-old female presented with fever, altered consciousness, and convulsions after taking the second shot of the vaccine. Clinical and laboratory workup was notable for the presence of thrombocytopenia and myocarditis. No alternative causes of encephalitis were found. The patient responded significantly to methylprednisolone suggesting underlying immune pathogenesis responsible for the clinical features. The diagnostic criteria for possible autoimmune encephalitis were also fulfilled.
https://www.jni-journal.com/article/S0165-5728(22)00078-9/fulltext
mumma… mumma… what did you do to me mumma…. help me mumma… it’s so painful mumma
norm – are you tearing up? mike?
Bit of a nightmare huh… specially since covid doesnt do much to teens hahaha
why norm?
N is like the Marjorie Taylor Greene of vaccine information.
A recent single by Muse….”Compliance”
https://www.youtube.com/watch?v=QP3zRBtgvJo
Not my cup of tea…but the lyrics caught my ear….would make a suitable theme tune for WEF/Davos meetings…
There was a Movie called Compliance, you should check it out. It’s about how stoopid and gullible people can be to believe those in authority. It was based on a true story.
I wanted to share it too. Thank you. This is pure predictive programming. I feel sorry for the young people who will hear these words several times a day.
Is anyone disappointed so far by The End of the World Big Show?
Pretty insane… pretty exciting … as expected
I’m personally waiting for the Nukes to start flying. Just so we can put an end to the human experiment.
Still hanging on for the zombies and Alien Reveal, FE, but yes, it’s quite a grand show so far if one keeps up with the full international scope.
Still waiting for my two dose Jab killer jolt to kick in and me saying..”I should have listen to. Peewee Edwin. And Roddie at OFW. …they were RIGHT and I’m a MOREON!”..
p
put the blow on the table and let’s party like it’s 2029!
You go BAU Girl….
WHAT HAPPENS IF YOU JUST KEEP ON BOOST, BOOST BOOSTING?
Can it lead to Killer T Cell exhaustion and immune dysregulation?
Here’s your answer
THE SAME CAN BE SAID FOR NEW ZEALAND…
That’s why our MOH has acknowledged the THREE people have died from the vaccine….despite 170 or more reports filed through the CARM system.
Exactly THIS
https://twitter.com/PhilipSoos/status/1531558069003427840/photo/1
gogogogogogogoogogogogogo
MONKEYPOX…..555 CASES
I think this graph is what you might call “exponential growth”
she says…with a sinking heart
https://twitter.com/OurWorldInData/status/15315658476884869
Baby Die-Off: Lactation Issues, Miscarriages, and Neonatal Death
– Babies who are nursing are getting sick from vaccinated mothers, and at least one has died.
– Out of the 270 women who got pregnant in the Pfizer trials, 236 of the participants’ records disappeared, but out of the 34 women who remained, 28 of their babies died.
– In Scotland, twice the number of babies died. In Ontario, Canada, 86 babies died (the average is five or six per year), and deaths among vaccinated mothers are up 34% in Israel.
Dr. Naomi Wolf: “[This] should be making news; it’s the biggest news there is.”
@VigilantFox | Rumble (https://rumble.com/v16wbg9-baby-die-off-lactation-issues-miscarriages-and-post-birth-death-dr.-naomi-w.html) | Full Video (https://www.redvoicemedia.com/video/2022/05/the-bodies-of-others-the-new-authoritarians-covid-19-and-the-war-against-the-human-dr-naomi-wolf-video/)
norm why?
I don’t think it was the vaccines that did it because we all know they are safe and effective. It was probably the stress created from taking the vaccines.
norm would very much agree… and mike is nodding .. no harm done
Mass Formation: Solidarity to the Collective and the Absurdities It Brings
Solidarity to the Collective, Rather Than With Other Individuals, Brought About Such Absurdities
– People accepted that if their neighbor got into an accident on the street, they were no longer allowed to help them unless they happened to have surgical gloves and a surgical mask at their disposal.
– People accepted that during COVID, when their father or mother were dying, they were no longer allowed to visit them. And so they did in the name of solidarity with the elderly as they died a sad, lonely death.
Prof. Mattias Desmet: “And that explains why people in a mass or why mass formations and totalitarian states typically end up in a radically paranoid atmosphere in which the citizens are willing to report everyone, even the people they love most, before the mass formation, to the collective or to the state, if they have the feeling that this one individual doesn’t show enough solidarity with the collective.”
Rumble (https://rumble.com/v16vi4m-mass-formation-solidarity-to-the-collective-and-the-absurdities-it-brings.html) | Full Video (https://www.redvoicemedia.com/video/2022/05/breaking-free-from-mass-formation-with-mattias-desmet-the-corbett-report-video-interview/)
– People accepted that during COVID, when their father or mother were dying, they were no longer allowed to visit them. And so they did in the name of solidarity with the elderly as they died a sad, lonely death.
In my country I am still unable to go to my parents bedside in hospital.
which country?
“They’re Not Recovering” – Athletes Collapsing, Sudden Death, and Not So Mild Cases of Myocarditis
Dr. Robert Malone: “It’s long been known that myocarditis, on average, before the vaccine of any cause, viral or otherwise, had something like a 15 to 20% mortality rate in a five-year horizon.”
“Heart muscle doesn’t heal; it scars. And I fear that not only do we have this cancer risk, but we have this long-term heart damage risk.”
@VigilantFox | Rumble (https://rumble.com/v16v1oz-theyre-not-recovering-athletes-collapsing-sudden-death-and-not-so-mild-case.html) | Full Video (https://www.theepochtimes.com/what-are-they-hiding-dr-robert-malone-on-the-pfizer-documents-and-evidence-of-cardiotoxicity-birth-defects-and-the-rise-in-all-cause-mortality_4476836.html?utm_source=enewsnoe&utm_campaign=etv-2022-05-19-2&utm_medium=email&utm_content=1)
Land Under Water: “It Hasn’t Happened” — I’ve Heard This Same Story for 30 Years
Robin Monotti: (http://t.me/robinmg) “I remember very clearly predictions made 30 years ago saying, ‘In 10 years’ time, all of this land will be underwater.’ The same predictions were made 10 years later; that’s 20 years ago. ‘In 10 years’ time, all this land will be underwater,’ and the same predictions are being made now. ‘By 2030, if we don’t do X and Y, all of these lands, all of these cities, all of these [places] will be all underwater.”
Podcast Host: t.me/JermWarfare
@VigilantFox | Rumble (https://rumble.com/v16uvj1-land-under-water-it-hasnt-happened-ive-heard-this-same-story-for-30-years.html) | Full Video (https://www.redvoicemedia.com/video/2022/05/smart-cities-instrumentarianism-and-the-fight-against-tyranny-robin-monotti-joins-jerm-warfare-video-interview/)
An Inconvenient Truth?
Me, waiting for Miami to sink into the Bermuda Triangle…..
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F945cb860-f752-424b-a06f-2bbecc31ecd7_880x1014.jpeg
Near Term Human Extinction?
BTW – I spoke to a nurse recently and she admitted to giving Midazolam to covid patients in her hospital in Wellington – she said they usually die. She expressed some remorse over this — but justified it because the doctor prescribed it…
She’s a criminal and should be dealt with by the authorities.
This is interesting … so they feel the same way I feel about MOREONS….
The Burning Urge to Destroy Those Who Do Not Comply: Mass Formation and the ‘Ethical Duty’ to Uphold Doctrine
Prof. Mattias Desmet: “They [the mass] try to destroy these people [dissenters], as if it is their ethical duty to do so … I had a conversation with a woman who lived in Iran during the revolution in Iran, and she mentioned that she saw with her own eyes how a mother reported her son to the state, because she thought he was not loyal enough to the state, and how she hung the rope around his neck before he was hung. And she claimed to be a heroine to do so.”
@VigilantFox | Rumble (https://rumble.com/v16urg3-the-burning-urge-to-destroy-those-who-do-not-comply-mass-formation-and-the-.html) | Full Video (https://www.redvoicemedia.com/video/2022/05/breaking-free-from-mass-formation-with-mattias-desmet-the-corbett-report-video-interview/)
I was chatting to a friend in a crowded cafe about the Vaxxicide, citing only official stats – VAERS, MHRA, etc.
Just behind us was a masked woman, late 20’s, who took it off to eat and drink and then replaced it to look at her phone. Everyone else un-masked. A True Believer.
About an hour later, I was walking home when I recognised her coming towards me and I have never had such a look of intense hatred directed at me. Clearly, she’d been eavesdropping.
One day these people may be unleashed on us, or stand applauding as we are tasered and dragged off to ‘treatment centres’.
No one was ever sacked for following orders to the letter: so this is what we can expect from nearly all doctors, nurses, bureaucrats, police and soldiers.
Something the Canadian truckers failed to grasp.
No cavalry will be coming to the rescue, there is no innate decency, and most are cowards and conformist – unless they get different orders……..
Midazolam, morphine and death: The truth
https://uncut.substack.com/p/midazolam-morphine-and-death-then
California shows the same pattern as Alabama.
The COVID “vaccine” has levelled the playing field for COVID deaths. That’s democracy for you. And then some…
https://metatron.substack.com/p/california-shows-the-same-pattern
I don’t understand what the percentages on the chart are supposed to denote. They don’t make sense to me.
My take from graph title & legend was the labels are the percentage of the corresponding age group’s population that were jabbed/dosed in the interval between the + symbols on each curve. (0% marks beginning of jabs) If add them up looks like about >90% of 65yo&> took first two jabs (~186% doses through Dec ’21) with a lesser percentage getting the 3rd (booster dose ~= additional 57% (49+8)of 65+ pop got doses in ’22) (may be some overlap in 2nd & 3rd dose late ’21 – obviously there was overlap in first % second dose in early ’21 as 43+76 > 100%
CDC’s and FDA’s Bedford slides are fascinating & he titled it “Continuing SARS-CoV-2 evolution under population immune pressure”; he is not WRONG, it’s sub-optimal population VAX immune pressure
These 3 pieces of information tells the story & I like his work here but his take on why immune escape is happening so fast is misguided; its the infectious pressure on top of sub-optimal vax pressure
https://palexander.substack.com/p/cdcs-and-fdas-bedford-slides-are
Can someone please explain to me how central banks around the world raising interest rates and tightening money supply in a “global coordinated effort to rein in inflation” addresses shortages and supply chain constraints?
Just heard this on PBS. Pure unadulterated madness and evil doings. Am I the only one who sees this as the opposite of what they state they are trying to accomplish? Are they intentionally lying?
It doesn’t address anything because the inflation we are seeing is being caused not by monetary or fiscal policies but from “shortages and breaks in the supply chains”.
Or by inexpensive fossil fuels not really being available.
That’s the root. Everything else is a knock-on effect!
so killing demand won’t help ? (I mean literally)
I am not sure I want to find out.
Increasing the dollar supply by 40% in response to covid somehow didn’t affect prices? Of course it did.
Central controllers forced people to stop producing stuff. To balance that out, people would need to consume less stuff. What happened? Thanks to airdrops of green papers, many people were actually able to consume more while watching TV and stuffing their faces than before, when they were working. As a natural consequence, price inflation “happened”.
TINA … if they maintain low rates a wheel barrow of money will be required to purchase a loaf of bread.
If they continue to raise rates that is of course a very temporary solution to inflation — and will lead to massive deflation as discretionary income is allocated to servicing debt….
Soon BAU Go Boom.
Hurry UEP. If Malone is correct about the Pox… we are on very limited borrowed time right now…
How cool would it be if we get a Night of the Living Poxxed Zombies… poxxed up CovIDIOTS with those gross blisters wandering the streets mumbling in a monotone voice More Boosters … More Boosters >>> must have MORE BOOSTERS!
Everyone demands total Shanghai-like lockdown … fearful of the Pox… and the starvation begins…
Would you eat this? Would you go near it? Would you get jiggy with it?
Of course not — no murder no rape no cannibalism – no murder no rape no cannibalism – no murder no rape no cannibalism -no murder no rape no cannibalism
UEP.
https://i2-prod.cornwalllive.com/news/cornwall-news/article1994452.ece/ALTERNATES/s1200/0_Monkeypox-was-diagnosed-in-a-man-visiting-a-naval-base-in-Cornwall.jpg
Spending money amounts to making claims on resources.
When money is cheap, people spend it on bullshit. Hence, resources are wasted on bullshit. There is higher chance of shortages.
When money is expensive, people think twice before spending it. Hence, resources are used rationally. There is lower chance of shortages.
spending money is the catalyst that converts energy into employment
yes–if there’s cheap money around, we spend it.
And that creates employment and is therefore a ‘good thing’–everybody wants a job and high wages, so they gravitate to the social system that is most likely to provide that.
few care that ‘high energy-high employment–high wages’ can only ever be temporary….they want it all ‘now’, that’s what human nature is all about.
That is where the ‘American Dream’ originated.
It is now over, but the myth is perpetuated by politicians who want only to stay in office.
Funny … there are those who say a small cabal of people do not control the world….
Yet as I read through the comments on that Malone article (and others) there are a great many people saying We Will Not Accept This! They can type and scream and march around the block…
But the CovCON continues – zero push back from any political party – zero pushback from social media or google – zero pushback from any military in any country … zero… pushback
Obviously the edicts are coming from a central command post. And nobody dares push back
International conspiracy, central command and co-ordination is the only logical conclusion in interpreting these policies and persistence in the toxic global vaxx programme.
With the proposed WHO treaty, it’s even coming out fully into the open, completely brazen.
Only personal evasion or refusal to comply is possible, and we know very well how that usually ends in Totalitarian systems…..
I’m still trying to save children from being vaxxed, as that seems to be the only decent thing to do and my conscience won’t let me keep silent – but I can’t pretend it’s little more more than a delaying action, nothing more. If a child I knew ended up crippled and in agony, I couldn’t forgive myself, given what I know about the vaxxes.
nope
its the mindset of the football crowds–thousands of individual brains, all coerced to act in unison
and be careful about trying to ‘save’ kids, dunno which kids you have in mind–stick to family or youll get punched or arrested
or both
not that youll think of that as a genuine word of caution
but it is
The only time this turns around is when the para-military thugs that protect the state come to the conclusion that their sh*tty salary isn’t worth all the trouble.
If that doesn’t happen, beyond a certain breaking point, half will side with the new leadership whatever it does (for continued perceived benefits) and the other half will join the plebs.
The “not in the public consciousness” cabal have their own PMCs — private military contractors — the best of the best, extremely well-paid assassins and defence experts.
But even those can turn on their sick, twisted, pervert “owners” at some point.
I’ve noticed, too, that in some countries the services of ‘security’ companies, recruited from ex-army and police, are being substituted for conventional police officers, and legislation is enabling this.
There is a company here in the UK which says it can take on ‘traditional policing roles’.
Eventually – maybe quite soon – the ‘police’ will be entirely owned by corporations, and employ the dregs of the dregs, ethically speaking. .
Monkey Pox Update
May 31, 2022. There has been a significant development.
Those not versed in academic science talk may be shaking their head by this point, and probably getting ready to post a comment along the lines of “Why don’t you just tell us that this means in simple language?”
So, at the risk of oversimplification:
Looks like the Monkeypox outbreak comes from a single original virus source. Following the teachings of the “Multiple working hypothesis” model for arriving at scientific “truth” (which was a core part of my education as a young scientist), a) this could be (for example) a “natural” single jump event from some infected animal into a single human somewhere in the world (who presumably had some relationship to the Maspalomas Gay Pride event). Or b) it could have come from an intentional release of a viral isolate. Mixed news – could be good or bad
The authors have confirmed that this new outbreak virus maps to the “(less disease-causing) West African group (clade) of Monkeypox viruses. Good news
This single source virus could have come from West Africa or could have come from United Kingdom, Israel or Singapore (consistent with either hypothesis a or b). Mixed news – could be good or bad
Despite the sequences indicating that the virus is most closely related to those isolated in 2018-2019, it is significantly different. This could be due to natural evolution or due to laboratory engineering/gain of function “research” (consistent with hypotheses a) and b). Generally bad news. Basically, the authors are indicating that they believe that genome of this virus is either evolving more rapidly than one would expect from a double stranded DNA poxvirus, (left unsaid, or somebody has been messing around with it).
The authors speculate that the pattern of mutations are consistent with the effects of a natural cellular protein with the abbreviated name of APOBEC3. For those who want to dive into the molecular virology of APOBEC3, here is a nice 2015 J Immunology review. For those seeking the “Cliff Notes” abridged version, see Wikipedia. For the obsessives or aficionados, note that APOBEC3 is associated with specific pattern of base changes- (C→ U). On the basis of their hypothesis regarding the potential role for APOBEC3, I infer that the authors must have detected a statistically significant fraction of C→ U changes in the current isolates relative to the 2018-2019 isolates. Mixed news – could be good or bad. Still does not differentiate between hypothesis a) or hypothesis b).
Here is the rub. While APOBEC3 is associated with cellular resistance (yet another form of “innate immunity” – isn’t molecular virology and cell biology amazing!) to HIV (and presumably other retroviruses), a quick pubmed search reveals that Poxviruses are resistant to the mutational effects of APOBEC3! For example, see this 2006 paper published in “Virology”. Frankly, whether through lack of curiosity or fear of attack from government controlled media and journals, the failure of the authors to even mention this Virology article is a major oversight at best. My inference and interpretation? On the basis of this sequence analysis report from the INSA team cited above, to me this is looking more like a laboratory manipulated strain than a naturally evolved strain. Bad news.
Furthermore, this double stranded DNA virus, infections by which have historically been self-limiting, appears to be evolving (during the last few days!) to a form that is more readily transmitted from human to human. Bad news.
In conclusion, the preponderance of current evidence is pointing towards a hypothesis for the origin of this outbreak which is increasingly consistent with prior “war game” scenario planning, remarkably akin to that which occurred during Event 201, which posits emergence of an engineered Monkeypox virus into the human population during mid-May of 2022.
https://rwmalonemd.substack.com/p/monkey-pox-update
Do I have your attention now????
This links to the same Monkeypox plan we saw before:
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4c01e942-3184-4775-81be-f452f5d33089_1342x1536.png
MOREONS keep asking me – are you gonna go somewhere now that the quarantine in NZ is done?
Nope.
Why
Cuz if we Donkey changes her mind due to a new variant or something — so many people are out of the country now it will take forever to get quarantine space to return
Oh I don’t think we have to worry about that ….
Monkey Pox… monkey pox… even though the MOREONS have been lied to endlessly they still believe in The Donkey…
The same MOREONS will be wailing if they get stranded — as their $$$ runs out and they are left begging on street corners… f789ing idio ts.
Living in sad new zealand is a form of dying. One’s brain and body waste away in the toxic sludge of a spiritually, intellectually and morally bankrupt society.
Thoughts of self-termination are forefront in the minds of most new zealanders but they couldn’t tell you why.
There is an evil here which cannot be tamed or easily explained.
I am leaving permanently next month and look forward to watching the collapse of this abomination of a country in due course.
If people think UK food is bad …try NZ … they love boiled mutton argh… and heaven forbid a touch of spice… they recoil in horror!
I told M Fast last year that we should sell up everything and Exit as soon as we had passports – had the paperwork to list the house… never happened…
Pretty much stuck here … in the middle of nowhere
You are so fortunate.
That sounds like a Victorian time warp, FE: Spice, garlic!? Foreign muck!
How is it you can see through the Globbly Wobbly sham science… but not this?
Blind spot?
Monkeypox is ‘out of the box’ and has Europe on edge
https://palexander.substack.com/p/monkeypox-update-malone/comments?s=r
The MSM is what has people on edge… as they ramp up the fear.
And FE doesn’t?
This is more a request for information than a story.
Lately I have received several emails like this:
I am a retired anesthesiologist in XXX. Recently I had a pizza party with other doctors who are retired, or about to retire. An oncologist among us told the story of a multiple myeloma patient in his practice who after the vaccine appeared to convert to acute leukemia. He had never seen this before. He contacted an oncologist at XXX, a major referral hospital here in XXX, to ask what he thought of this. The XXX doc said he too had never seen this before, and in his practice had three multiple myeloma patients who also converted similarly. Thought this might be a useful avenue for you to pursue…
And this:
We have a friend-of-a-friend back home (in XXX) that is a cardiologist… [she] isn’t recommending any shots, which is a dramatic about-face from where she had been. She actually was canceling playdates for her young children in March 2021 if the friends’ parents weren’t vaccinated (this was the impetus for us knowing any of this, because our mutual friend was not, and had no intention of getting, vaccinated).
This was a heartache for me, so I followed up several weeks later to ask about how that schism was affecting her daughter, the shunned playmate. Well, it was all resolved. The cardiologist mother had seen the new patients she was getting after the shots and was no longer pushing them for anyone. I don’t know if she’s gone so far as to discourage patients (as opposed to close personal contacts) from getting them, but she’s not pushing them.
And this:
On two recent trips to the pediatrician’s office in XXX… I found it interesting that the pediatrician didn’t even mention Covid or the vaccine. My daughter is headed off to college in August.
Obviously, this change – to the extent it is happening – has not reached the medical specialty boards, much less the American Medical Association, which continues to push mRNA shots. But I wonder how many physicians are now no longer encouraging – or even actively discouraging – patients from getting booster shots. Taking a public anti-vaccine stance is risky for physicians. Even filing a VAERS (vaccine adverse events report) submission comes with headaches.
https://alexberenson.substack.com/p/mrna-jab-samizdat-among-physicians
South Africa’s infections/cases to date and deaths; 97% immunity in the population, so why would it get this 5th wave OMICRON? Has low vaccine rate, so do they need vaccine? Why deaths so low?
Let us debate, I have my ideas, very interesting but IMO, we know this is exactly how it will unfold, remember, OMI has approx. 15 mutations on spike and more now in new sub-variant…so will ESCAPE!
https://palexander.substack.com/p/south-africas-infectionscases-to
Who knew that LA lifeguards—who work in the sun, ocean surf, and golden sands of California— could reap such unbelievable financial reward?
It’s time we put Baywatch on pay watch. In 2019, we found top-paid lifeguards made up to $392,000.
Unfortunately, today, the pay and benefits are even more lucrative.
Daniel Douglas was the most highly paid and earned $510,283, an increase from $442,712 in 2020. As the “lifeguard captain,” he out-earned 1,000 of his peers: salary ($150,054), perks ($28,661), benefits ($85,508), and a whopping $246,060 in overtime pay.
The second highest paid, lifeguard chief Fernando Boiteux, pulled down $463,517 – up from $393,137 last year.
https://openthebooks.substack.com/p/top-paid-la-lifeguards-earned-up
So how many people did they rescue? Or, like the police at Uvalde, are they paid these paychecks and pensions to sit and watch?
Drug money has to go somewhere. If you can’t keep it, you might as well stuff the grocery clerk’s lifeguard’s or butler’s trousers with a few extra $100 bill.
Mama mia! That’s a lot of inflation. I’d hate to see what it costs to get a decent plumber out there.
Do you need a graduate degree in “life-guarding” to get this pay?
Was the current Monkeypox strain Engineered in a Lab?
A look at the current theories
https://nakedemperor.substack.com/p/was-the-current-monkeypox-strain
The current Monkeypox strain has so many mutations, in such widespread areas, in such a short period of time, that lab engineering cannot be ruled out.
In which case, Gail, we are awfully lucky that they war-gamed such an outbreak ahead of time, leaving us very well prepared for a successful international response saving millions of lives……
Restoration of Civilization is merciless and very bloody.
It has to undo all the years of change, so anyone who did well during that period will have to be eliminated, down to all of their progeny.
Dwindling resouces will see an increasing trend to concentrate resources at the top, with NOTHING for the rest.
We will see billions of sick, starving and desperate people. Good luck attacking rich people’s mansions defended by ex cops and ex military, who would be very happy to fire on them.
In history, in almost all cases the old landowners got all of the land back, with the tenants and new ‘owners’ of land brutally cleaned out. Technofeudalism will rule the post-carbon era.
Perhaps the well off in the past gave about as much consideration and attention to the poorer around them as we all do to people in poorer countries today and even those in our own?
It is not exceptional behaviour, it is entirely normal and everyday. It is a part of how our consciousness has evolved, and it is a necessary aspect of a healthy mind. Awareness and care are necessarily limited.
As Nietzsche put it, in a more general connection, regarding the facility of forgetfulness:
“That, as I said, is the benefit of active forgetfulness, like a doorkeeper or guardian of mental order, rest and etiquette: from which we can immediately see how there could be no happiness, cheerfulness, hope, pride, immediacy, without forgetfulness. The person in whom this apparatus of suppression is damaged, so that it stops working, can be compared (and not just compared –) to a dyspeptic; he cannot ‘cope’ with anything…. TGOM 2, 1.
It is the only reason that we are capable of happiness. And yet you draw attention to it? To what end?
“It is the only reason that we are capable of happiness.”
Yes indeed, be a good forgetful and ignorant sanctimonious hypocrite and go on raping the planet in a solipsist WtP fantasy.
Draw the necessary and sufficient conclusions and live with that. All else is a recipe for suffering and inevitable disaster.
Nietzsche you say?
Didn’t he end up in the loonie asylum?
No hate, just saying that cognitive dissonance necessarily leads to mental illness for intelligent people. Solipsism and WtP fantasy is mental illness.
Perhaps cognitive dissonance is the big issue we are up against now.
In an ideal world, everyone is nearly equal in the resources they command. This was the way the world was, in the days of hunter-gatherers. Now we have giant governments and giant corporations. We also have associations of powerful groups, such as physicians and pharmaceutical companies. We also have very wealthy individuals. The medical community has cultivated faith in medical techniques that many people consider almost magic. Scientist supposedly have the ability to do wondrous things with their advanced study, research and models.
At the same time, an increasing share of the world population is almost powerless. And the world supply of affordable energy products is disappearing incredibly rapidly. We have been taught by the school systems and by the news media that the economy can grow forever, but this is becoming increasingly impossible. No one with power dares tell the rest of the world this problem. In fact, the have difficulty admitting the problem to itself.
The liberal view of the problem says, “Let the rich share with the poor. Then there will be enough for everyone.” There is no real underlying problem, such as an energy shortage.
The conservative side of the problem works on somehow extracting more energy, at the same time that there is increasing conflict between the many poor and the groups that have gained enormous power. Young people are way too poor, and they have way too much debt, compared to their older parents and grandparents.
The self-organizing system seems to add its own layer in between. Wars breaking out. Strange manmade viruses, with even stranger vaccines. Groups seeming to try to increase mortality, rather than decrease it. Government organizations publishing feel good reports that have little to do with the real situation. Scientists modeling outcomes in a completely unrealistic way–unlimited fossil fuels; intermittent renewables substituting for other energy types, quickly.
It gets to a point where ordinary citizens can see that things are hopelessly wrong. The media, which is financially supported by governments and companies providing advertising for large companies give their version of the story. This version is hopelessly different from the version ordinary citizens can see. No wonder that there is cognitive dissonance.
By definition, there is only ‘cognitive dissonance’ if people expect something different to what actually is. Reality itself contains no genuine contradictions, which is the most basic principle of logic. The self-organising economy is what it is. reality is what it is.
People may want more wealth and security, but that is not cognitive dissonance, it is their own power-will. The two should not be conflated. Misunderstanding reality and wanting more for oneself are not the same thing. Those who want more but cannot have it may be frustrated, but those who are content should have neither frustration nor cognitive dissonance.
Sometimes economic conditions allow people to grow richer, and sometimes they do not. That is life. Whether Western societies properly explain those basic facts to people is another matter. But again, it is what it is, and people largely have to educate themselves, especially if they are feeling ‘confused’ about what is going on. Moral posturing never clarified anything to anyone.
To come back to the original point, none of it is really my problem, which is how people usually approach such matters. If people really want to ‘help’ the mentally distressed then they can always join a suicide phoneline, but personally I would not fancy it. Generally it is best left to the actual professionals who have got some clue what they are doing.
“Misunderstanding reality and wanting more for oneself are not the same thing.”
Yes; because all causes have effects, except for the primordial cause which seem not to make any sense (for my limited intellect).
One must draw the necessary conclusion that the world dynamics is an interconnected and interdependent highly complex and nonlinear system, based on observation.
The egotistical WtP solipsist fantasy expressed to its fullest in such a system will penultimately lead to its collapse. And have done so umpteenth times throughout history.
https://c.tenor.com/x-FL-l7ERS4AAAAC/and-here-we-go-joker.gif
🤣👍👍
Shove a trillion dollars into my bank account and the cranks would still be turning as I’d be hauling my rear end up and down the hill.
I admit; perhaps the bike(s) would be a tad bit fancier (high tech materials and components), but still they ain’t gonna move without an associated discomfort and sight pain.
It is a simple matter of raw survival instinct on a finite planet. Nothing further need to be discussed about that, either you’ve got it or you don’t.
Resources should be spent on evolutionary process – technology/complexity in essence.
Power to Will as a species rather than Will to Power as an individual – which is just cheap solipsism and destructive primate psychosocial expression.
Life is not a matter of power, convenience and luxury, but rather that of practicality, art and complexity in thought and expression, as an individual in a society.
Would you agree with me? Yes? No?
🤔👍
I do not know why you feel some need to argue with me.
If you want to tell me about yourself then maybe start with the religion of your parents, and see what analogues you can draw between that and your own worldview. I mean the similarities, not the differences. Then we can – maybe – take it from there. But you have bear in mind that I am British and that the slightest discourtesy or display is liable to end the conversation. You may be Finnish but I am not.
Religion of my parents? Ok, why not. The projections of Læstadius perhaps?
🤔
Well, dad doesn’t believe in macro evolution. One day I suggested Aliens/Ancients meddling with the human genome (to get shit moving) and he sort of took it in as an analogy of hoomans breeding/meddling with various (domesticated) species. Yep. That was fun.
Mom eventually wondered who created god when I inquired her. She settled down on some higher being.
Personally I don’t care.
It is what it is.
I kinda like the idea of an imperfect ‘god’ meddling in primate affairs for various reasons.
It’s what I would do with relatively almighty powers. After all, I like our (domesticated) brethren in the animal kingdom. A dog is a good mirror of the owner, no pun intended.
The other day a house mouse climbed onto my bed and looked at me until I paid notice, so it scurried away. That was cute for me, terrifying for the mouse. Reflections, reflections everywhere…
I like dogs. Unfortunately they only live for about a decade. I just can’t deal with the inevitable grief. I’m too mellow. How about you?
Happy?
🥳👍👍
It’s a good time to get a dog now … there ain’t no way either you or the dog will be around in a decade.
Winning?
You failed to answer the question. If you cannot be bothered with the discussion about yourself then I am fairly sure that I cannot be, either. It is over.
You’re pulling my leg, you mischievous Brit you. 🤣👍👍
I guess a pagan is a pagan. Christianity arrived relatively late in Lapland I suppose.
Ok, would Taoism mixed with some Jung/Freud, Buddhism, scientific and sci-fi speculation be a good enough reply as my (non-religious) world view? Most of all a diehard individualist/evolutionist. 101% Selfish enough to understand the importance of others.
IRL I muse about this and that, chuck in the oats and turn the cranks, twiddle and tweak with tech. Why make it complicated?
How about you Mirror, what do you do apart from dismiss people, left, right and center, while referring to Nietzsche as your guru and savior?
Just fscking send it and give it up. What’s there to lose?
“Winning?”
I might have to eat the dog.
😭🍽🐶🪓
you certainly provide amusement to the throng eddy
You certainly don’t
How’s that one year old coming along … booster time soon????
Is it a flaw in the design that buying something gives humans a shot of endorphins… that wears off a few days later… requiring additional purchases to feed the addiction?
It’s always fun to buy some tech and to imagine the engineering and machinery behind the parts.
I’ve got a 4-piston caliper front brake setup on the way for my bicycle. Imma YOLO down the hill and then drop the anchor entering corners and catching up traffic by a fistful of sublime brake lever actuation.
It is not the gadgets, but rather the process producing them and putting them to use that’s mesmerizing.
Not that the Normals would have any idea what I’m taking about. It’s just white noise behind the WtP fantasy of showing off symbols of prestige and status that gets their particular form of mental illness satisfied.
YOLO!
TRYHARD!
MOAR!
BREED!
WORRY ABOUT THE PROGENY!
Ah, the irony.
🤣👍👍
Good luck with the Techno part!
techo-anything is only feasible when energy is cheap and surplus.
we might very well descend into feudalism, but it will be based on the 14th c version of it, where human / animal muscle was the sole source of surplus energy.
it isnt possible to extract more than about 500/700 w of power from the average human body, and then only for short periods no matter how hard you crack the whip.
this is why ‘medeival society’ existed as it did for so many centuries—the energy to take it anywhere else wasn’t available.
“this is why ‘medeival society’ existed as it did for so many centuries—the energy to take it anywhere else wasn’t available.”
Yes, the sun wasn’t shining.
No coal and fossil fuels in the ground.
I guess people were just to busy surviving and engaged in WtP egotistical fantasies instead of pondering upon heat engines.
You see normal. The problem was never the energy, but rather that of depletion (of whatever energy existed) in connection with the myopia of ordinary. Dimwits thinking owning two horses and five cows is peak Will to Power, statuses and prestige’s.
Yes, just how you project your “success” and status within the herd with whatever is being shoved out by the usual narrative peddlers. Be a good attaboy tryhard and blow through finite resources while you worry about the future for your offspring.
How ironic.
Oh how things change and stay the same, but the myopia of ordinary everyday rapacious primate fantasies is an iron clad constant.
🤣👍👍
until the end of the 18th c, coalmines deeper than about 50-80 ft filled with water
go do some research and find out how they dealt with this problem
then get back to me. (in the meantime try to learn English structure too–it might make sense of your comments)
I’m going to go right ahead and ignore the content of your comments.
Questions on that?
No? Good!
WTP!
YOLO!
MOAR!
Then…
WORRY ABOUT PROGENY!
🤣👍👍
I can’t see your message. If I could, my mind would fail to compute it.
🤣👍👍
Life will be good for the top 1%-5% of the West as if nothing is happening.
Now about 10% of all world pop is responsible for 90% of all world economic activity.
In other worlds, if we shed the bottom 90% of the world’s pop, we will only lose 10% of all economic activity.
1845 is coming to everywhere on earth.
Alfred, Lord Tennyson felt like traveling Ireland during this period. He ordered a specialized carriage so he did not have to see the downtrodden people, and since he was a famous poet there was no shortage of local notables who would house him and keep him away from the hungry locals.
That’s how the wold will evolve.
There is no way to fall back to 1845, as I see it. We don’t have the infrastructure and the knowledge that people had back then. It either has to fall back a lot farther, or not fall at all (not likely).
You are correct Gail. Modern humans simply have a hard time envisioning a world that depends on current annual solar inputs as a sole energy source. 1845 was in the midst of the industrial revolution with coal being the driver.
We are now in a Seneca collapse event. This will likely result in us being at an Iron Age level of technological development by the turn of the 22nd century. We will be Stone Age ( Neolithic) level by the next.
The elites will not maintain control. Neufeudalism will have its day but it will be a short one. The only historical precedent for what is occurring would be perhaps the Bronze Age collapse but even it will pale by comparison.
I live on the very edge of the terranoma and as such I can already witness physical changes happening here that is a prelude to a swift depopulation event that is about to occur. It’s funny because 99% of the local population has no clue at all.
They won’t like this https://www.headsupster.com/forumthread?shortId=220
‘1845’ in the Sudan or Mongolia of that date, perhaps, but not Victorian levels of industry and complexity.
Although I’ve noted in magazine articles that people living an almost unchanged rural life have often substituted Chinese domestic utensils for the traditional hand-made goods, so many skills have no doubt been lost even there.
the world just doesn’t work that way kulm—that is naive in the extreme.
i can only suggest you stop and slowly think it through—i’ve explained it on numerous occasions, if you can’t accept it, there’s nothing to be done i’m afraid.
but it doesn’t alter reality.
Incidentally, anyone interested in the roots of global industry should, (if its available) tune into BBC radio 4, ‘Black Gold’ at 9.45 am weekdays
https://www.bbc.co.uk/programmes/m0017t7z
British pound is taking on ‘emerging market’ characteristics, Bank of America says
LONDON – Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the pound, according to Bank of America.
As of Tuesday afternoon in Europe, sterling was down 7% against the dollar year-to-date, trading just below $1.26 having been as low as $1.22 earlier this month.
Short positions have been mounting against the currency as the global economic challenges of the war in Ukraine, inflation, supply chain bottlenecks and slowing growth converge with domestic risks stemming from the Bank of England’s unique predicament and the fallout from Brexit.
In a research note Monday, BofA Senior G-10 FX Strategist Kamal Sharma said further weakness can be expected in the pound through the rest of 2022.
https://www.cnbc.com/2022/05/31/sterling-is-taking-on-emerging-market-characteristics-bank-of-america.html
All currencies go up and down against each other all the time, while being in permanent long term decline in terms of physical goods and services.
The Pound is still about 1% higher against the Euro than it was one year ago. With inflation running at about the same level in the UK as in the Eurozone this is to be expected.
This is related to an article we saw recently saying that UK companies are having trouble borrowing in their own currencies, because of the issue you noted. Of course, if they borrow in USD or Euros, there is a significant chance that there will be a need to pay back with a currency that has significantly devalued.
Sad UK.. sad sad UK… hahaha… Somalia
Ukraine is not Nazi Germany
But Ukraine has Nazi battalions that today make up 1/3 of the armed forces
The Anglo-American dogs from hell armed the Nazi battalions to fight in the Donbas
Why did Europe allow this?
Because Europe is a Banana Republic
clearly there are globalist ideas that have taken hold, where the so-called leaders of many EU countries seem unable to make decisions that benefit the actual citizens of their individual countries.
some think these globalists are the Woketard Elite F789ers.
the woketard USA Demoncrats also have irrational ideas for punnishing Russia, as do these EU leaders.
the greatest harm will be to the EU itself, a self-harm which they apparently don’t see coming.
the West armed these Ukranian NATZEEES, the pathetic Azovs and others, to kill Russian speaking citizens in Eastern Ukraine since 2014 when the USA see eye aye led an illegal coup to remove the legally elected pro-Russian Ukraine president.
Russia leaders appear quite calm and sane.
western leaders appear to be innnsane psyyycho woketard brain-degrading corrrupt irrrresponsible miseducated hubristic greeeeedy degennnnerate radicccal lefffftist socioppaths and psychoppaths.
You summed it up nicely!
A team of German and Kurdish archaeologists have uncovered a 3,400-year-old Mittani Empire-era city once located on the Tigris River. The settlement emerged from the waters of the Mosul reservoir early this year as water levels fell rapidly due to extreme drought in Iraq. The extensive city with a palace and several large buildings could be ancient Zakhiku—believed to have been an important center in the Mittani Empire (ca. 1550–1350 BC).
Iraq is one of the countries in the world most affected by climate change. The south of the country in particular has been suffering from extreme drought for months. To prevent crops from drying out, large amounts of water have been drawn down from the Mosul reservoir—Iraq’s most important water storage—since December. This led to the reappearance of a Bronze Age city that had been submerged decades ago without any prior archaeological investigations. It is located at Kemune in the Kurdistan Region of Iraq.
This unforeseen event put archaeologists under sudden pressure to excavate and document at least parts of this large, important city as quickly as possible before it was resubmerged. The Kurdish archaeologist Dr. Hasan Ahmed Qasim, chairman of the Kurdistan Archaeology Organization, and the German archaeologists Jun.-Prof. Dr. Ivana Puljiz (University of Freiburg) and Prof. Dr. Peter Pfälzner (University of Tübingen) spontaneously decided to undertake joint rescue excavations at Kemune. These took place in January and February 2022 in collaboration with the Directorate of Antiquities and Heritage in Duhok (Kurdistan Region of Iraq).
A team for the rescue excavations was put together within days. Funding for the work was obtained at short notice from the Fritz Thyssen Foundation through the University of Freiburg. The German-Kurdish archaeological team was under immense time pressure because it was not clear when the water in the reservoir would rise again.
See, look on the bright side….lots of new work for those who had the balls to pursue a career in Archaeology!!!!
Yes, a New Indiana Jones movie is being. Completed
Near the “Garden of Eden.”
If you read the history of that part of the world… the kkklimate changed dramatically over periods as short as decades — and large swathes of good farmland were abandoned… due to extreme drought…
If Al Gore would have been alive then his predictions would have been right
I’m not sure why everyone thinks there is going to be a recession or worse after almost two years of helicopter money.
There will be a bailout. There will be no recession. The economy will be defined by government aid and there is no indication the U.S. government’s ability to provide aid going to evaporate any time soon.
The elites are also committed to a lot of international aid, so the starvation that people speak of will only happen because of government corruption.
Sounds like MMT, aka the Magic Money Tree. I wonder why it wasn’t invented thousands of years ago.
If we could print goods, such as cheap-to-produce fossil fuels, we could fix our problem.
Need to boost the economy?
Print every citizen a trillion dollars.
Problem solved!
They’re just trying to find the end of the rope.
Do as I SAY…don’t do AS I DO..You Go BIG AL…BAU Baby…
Al Gore’s Investment Firm Bought Alibaba and Salesforce. It Sold Cisco and Microsoft.
By Ed LinFollow
May 30, 2022 9:00 am ET
The investment firm co-founded and chaired by former Vice President Al Gore has made big changes in its U.S.-traded investments.
Generation Investment Management loaded up on shares of Chinese online giant Alibaba Group Holding (ticker: BABA) and cloud firm Salesforce.com (CRM) in the first quarter, exited an investment in networking giant Cisco Systems (CSCO), and halved an investment in software behemoth Microsoft (MSFT).
I know, I know…by the year 2030, AL GORE hopes all his investments will be carbon neutral
P!eaaasssseeee
Go easy on Al Gore. He needs to make money to pay for his mansion’s electric bill which is about $10,000 a month.
Green New Deal’ plan will cost NYers ‘hundreds of billions’ in energy bills: official
By Carl Campanile
The law, which Cuomo signed in a ceremony with Al Gore at his side, requires New York to slash greenhouse emissions by 40% by 2030 and no less than 85% by 2050 by transitioning from fossil fuels to renewable energy sources, such as hydropower, solar and wind. The state Climate Action Council, meanwhile, is charged with developing a plan to put the state on a path toward zero carbon emissions.
Lawmakers, Howard said, refused to directly vote to raise taxes to pay for the capital investments required to develop cleaner energy alternatives to fossil fuels — and left the PSC to be the fall guy.
Al means well..it’s just happens he’ll make lots off all this…that ain’t h Iis fault…he’s navigating the system..
But…
The commission — which regulates power utilities — was tasked with approving rate increases to pay for the capital investments required to comply with the new green-deal inspired law.
Con Edison and other utilities will pass on those costs to customers.
“I hope my colleagues on this commission understand that responsibility falls to us exclusively — to the tune of hundreds, not a couple — but hundreds of billions of dollars,” Howard said during last week’s PSC meeting.
“The legislature, either through its silence or total lack of actions, has given this commission nearly the exclusive responsibility to reach into New Yorkers’ pockets to pay for the CLCPA mandates,” he said.
Howard also warned that the unfunded mandate comes at a time when “our entire state economy is shaky … the upstate economy is shakier.”
they will be 0 long before 2030
If $0 investments are made, they will all be carbon neutral.
Bitcoin Rallies Past $31,000. One Analyst Says the Worst of the Bear Market May Be Over.
By Jack DentonFollow
Updated May 31, 2022 8:13 am ET / Original May 31, 2022 5:38 am ET
Barrons
Bitcoin and other cryptocurrencies pushed higher Tuesday, continuing their momentum from a rally on Monday. One analyst outlined that the worst of the bear market for digital assets could be over.
The price of Bitcoin rose 3% over the past 24 hours to above $31,500. While Bitcoin continues to trade at less than half its November 2021 all-time high near $69,000, the largest crypto was holding firmly above the key $30,000 level. Building on a Monday rally, Bitcoin remains well off its lows of about $26,000 reached in the depths…
Meanwhile….on Marketwatch…
MarketWatch
Brace for another selloff if U.S. stocks reach this technical ‘danger zone’
Joseph Adinolfi
Tue, May 31, 2022,
The Money game ….up and down…
To the moon!
Joe Blogs on YouTube..Oil $120 a barrel…thank you very much…Andy Kaufman
https://m.youtube.com/watch?v=k1CGy1EOM04
Which means..
Miami Gardens renters are being forced out of their apartment
Author: Ashley Dyer
May 30, 2022 at 6:33 pm
Filed Under: Ashley Dyer, Local TV, Miami News, Rent
Please be advised we will not be renewing your lease agreement. Nor will you be able to remain a month-to-month resident,” reads Ronnie.
Ronnie and Johnny, forced to leave. Unlike their neighbors, who are facing steep rent hikes but were given the option to resign.
“Renters need help,” says Jessica Miles, a renter who lives at The Pomelo.
She says even though she can stay, she doesn’t want to.
“My current rent is $1,611 they’re bumping it up to $2,169.”
That’s a $558 increase.
“My plan right now is to move.”
And what she’s looking for is simple.
“Reasonable. A reasonable price,” she explains.
But so far, no luck. Plenty of other renters at The Pomelo are stuck in the same boat.
“We need something so that property managers and property owners can’t go up so much. There should be a percentage where they have to stop because it just doesn’t make sense,” says Miles.
Ronnie has yet to be told why she’s being forced out. We called the leasing office and property manager of The Pomelo looking for an explanation, but we are still waiting to hear back.
The housing crisis is leaving many desperate for help. That’s why CBS News Miami wants to share your stories to show the crisis you’re in or how you navigated the system. We will highlight these issues and work to get answers and solutions. Send us an email at housing@cbs.com.
Hahaha..navigate the system…that’s a good one…need to remember that line myself
” navigated the system”
Everything is fine. Buyers just have to try some slightly different techniques to get around a few minor inconveniences.They should reach out to their social network for tips or keep a journal to track their progress.
The video is less than a minute long. Joe Blogs thinks the new plan will change the world order. Perhaps, but not for the benefit of the Europe.
New World Order hahaha… humans are like such MOREONS… New World Order New World Order Squuuawwwkkkk… Klaus Snob Klaus Snob squuuuawwwwwwk… Great Reset Great Rest Squuuaaaawk…
hahaha little more than cockatoos
Feeling disgusted
South China Morning Post
China continues to dismantle missing tycoon Xiao Jianhua’s financial empire
Tue, May 31, 2022, 5:30 AM
The Tycoon, who has not been seen in public since he left Hong Kong for the mainland in 2017, is believed to be aiding the government’s investigation into some high-profile deal-making. The government seized businesses owned by Xiao, who was accused of rampant mismanagement that led several banks into insolvency and disrupted the financial order.
The China Securities Regulatory Commission (CSRC) on Friday said that it had officially ended its control over New Times Securities since taking over the Beijing-based brokerage in July 2020, and allowed it to restart its business.
In March, the CSRC granted China Chengtong approval to buy a 98.2 per cent stake in New Times Securities, whose senior management were also reshuffled. Chengtong is owned by China’s state-owned asset regulator, with fund investments and financial services being its main business.
Founded in 2001, Rongtong Fund is 60 per cent owned by New Times Securities, with the rest of the stake held by Nikko Asset Management. The firm has 82 funds under management totalling 237.3 billion yuan (US$36 billion), according to its website.
In its heyday, Xiao’s Tomorrow Group owned stakes in 44 financial institutions, whose total value was estimated at 3 trillion yuan. He used the sprawling network to illegally obtain loans and made arbitrages to transfer profits and finance his other businesses.
The government declared Baoshang Bank bankrupt in 2020, a key pillar of Xiao’s Tomorrow Group, after the group illegally borrowed 156 billion yuan from the lender from 2005 to 2019 and failed to repay the loan. Hengfeng Bank and Jinzhou Bank, two other lenders under Tomorrow Group, were also declared insolvent.
The disposal of other financial assets of Tomorrow Group are still continuing.
Guosheng Securities, which has been under regulatory control for two years, may soon find a buyer, according to International Financial News, a publication under the state-run People’s Daily.
The whole BAU is based on rampant coverup…
I wonder how many more business conglomerates in China have huge problems.
Erica Yokoyama
Mon, May 30, 2022, 9:07 PM
(Bloomberg) — Power-hungry, fossil-fuel dependent Japan has successfully tested a system that could provide a constant, steady form of renewable energy, regardless of the wind or the sun.
more than a decade, Japanese heavy machinery maker IHI Corp. has been developing a subsea turbine that harnesses the energy in deep ocean currents and converts it into a steady and reliable source of electricity. The giant machine resembles an airplane, with two counter-rotating turbine fans in place of jets, and a central ‘fuselage’ housing a buoyancy adjustment system. Called Kairyu, the 330-ton prototype is designed to be anchored to the sea floor at a depth of 30-50 meters (100-160 feet).
commercial production, the plan is to site the turbines in the Kuroshio Current, one of the world’s strongest, which runs along Japan’s eastern coast, and transmit the power via seabed cables.
“Ocean currents have an advantage in terms of their accessibility in Japan,” said Ken Takagi, a professor of ocean technology policy at the University of Tokyo Graduate School of Frontier Sciences. “Wind power is more geographically suited to Europe, which is exposed to predominant westerly winds and is located at higher latitudes.” Japan’s New Energy and Industrial Technology Development Organization (NEDO) estimates the Kuroshio Current could potentially generate as much as 200 gigawatts — about 60% of Japan’s present generating capacity.
Like other nations, the lion’s share of investment in renewables has gone into wind and solar, especially after the Fukushima nuclear disaster curbed that nation’s appetite for atomic energy. Japan is already the world’s third largest generator of solar power and is investing heavily in offshore wind, but harnessing ocean currents could provide the reliable baseline power needed to reduce the need for energy storage or fossil fuels.
The advantage of ocean currents is their stability. They flow with little fluctuation in speed and direction, giving them a capacity factor — a measure of how often the system is generating — of 50-70%, compared with around 29% for onshore wind and 15% for solar.
In February, IHI completed a 3 ½ year-long demonstration study of the technology with NEDO. Its team tested the system in the waters around the Tokara Islands in southwestern Japan by hanging Kairyu from a vessel and sending power back to the ship. It first drove the ship to artificially generate a current, and then suspended the turbines in the Kuroshio.
The tests proved the prototype could generate the expected 100 kilowatts of stable power and the company now plans to scale up to a full 2 megawatt system that could be in commercial operation in the 2030s or later.
2030 or LATER!!!!!…Like NEVER
Saltwater erodes steel quickly. Matt Simmons was a fan of trying to get energy from currents, but it has never proved feasible in the past. This is a different, more high-tech approach. 2030s or later is clearly too late.
The UK government has spent a reasonable amount the past couple of decades in grant funding pilot undersea and tidal energy systems. None have been commercialised to my knowledge. It’s a shame, because it’s a great idea in theory, but the sea poses a very harsh environment. Not just salt, but marine organisms, sand and silt. All very erosive and corrosive.
Betcha they have, along with other brain trust egghead think thanks..
Gives the appearance there is a light at the end of the tunnel for the rabble…a few friends always say..”They’ll think of something”..never wanting to hear there ain’t no something…
Let’s lots of educated employed with toys for more progress..
There are some people who don’t want to be told “it can’t be done”. They will just see this like a challenge to be overcome…and tackle the problem with anger and other emotions.
A lot of this is about appearances….much like the good news segment of the news.
https://www.today.com/news/good-news
“Let’s lots of educated employed with toys for more progress”
There are lot of people who are not poor and therefore have a lot of free time and need something to do in industrial societies. You don’t have to be a conspiracy theorist to believe the aristocracy has invented things for them to do. Sure, some of the middle class may have ideas but it’s pretty clear that the leadership and the ideas are coming from the very wealthy.
The system seem to prefer idle middle class and idle rich people than idle poor people so it has been doing its best to move as many people into the middle class category as possible regardless of their productivity. Regions that are not able to that are pretty much large ghettos. Idle poor people have a very limited number of ideas. It’s also very difficult to get very poor people committed to long term abstract, intellectual goals outside of religion.
Barnacles!!!???
no 10 year data? my guess is no blades just one solid chunk of barnacles.
We have the “Fundy Tides” here in eastern Canada, over the years there have been trials of subsea turbines for reliable power. The environment these turbines are expected to work in is very hard on mechanical gear, the trial I remember had the turbines physically destroyed by debris.
Ya… and this
https://www.bbc.com/future/article/20181119-why-flammable-ice-could-be-the-future-of-energy
a Mass Psychosis requires constant new spin to remain effective…
Clathrates?
The Bad Gas religion won’t allow it.
https://www.sciencedirect.com/topics/earth-and-planetary-sciences/clathrates
Clathrates or gas hydrates form the largest methane sink in the world. Methane hydrate, also known as “fire ice,” is an ice-like substance which consists of a rigid lattice of water molecules that trap methane molecules.
The petroleum industry is interested in gas hydrates as a potential large source of natural gas. Estimates of reservoir size are quite variable. Early estimates of around 10,000 Gt of carbon are now considered as too high. Today estimates of around 1800 GtC seem more reasonable. Fossil fuels, for comparison, contain around 5000 GtC. Gas hydrates are considered by some authors as an important energy source for the 21st century. These authors point at the high energy value of methane ice. It has been found that 1 m3 of gas hydrate equals 164 m3 of methane under normal conditions. If gas hydrates could replace coal as a source of energy, the impact on climate would be greatly reduced. Therefore, countries like Japan are interested in using clathrates as a source of energy. Recovery of methane from clathrates remains technically challenging and, so far, only few test sites are producing natural gas from clathrates. Another problem with the exploitation of clathrates is that they are just a different source of hydrocarbons that contribute to greenhouse gas warming of the planet. Thus, they have no place in the production of energy in a future fossil fuel-free world.
“Jose Maria Fernandez Sousa-Faro, president of European pharmaceuticals giant PharmaMar, has been charged by police with being falsely vaccinated against Covid-19. Dr. Sousa-Faro has been caught up in a scandal in Europe involving people being added to the National Immunization Registry in exchange for large sums of money, with many of them familiar faces and household names.”
https://lionessofjudah.substack.com/p/safe-and-effective-police-charge?s=r&utm_campaign=post&utm_medium=web&utm_source=direct
From: https://kunstler.com/clusterfuck-nation/careening-towards-grace/
From Kunstler, referenced by postkey:
“God may be a prankster, as I’ve suggested many times, but he’s also still God, and he doesn’t appreciate wannabe faux-messianic technocrat pricks like Klaus Schwab messing with his glorious creation.”
Laughing quietly, we are full of hubris.
Dennis L.
This is an April 25 article on a similar topic, but in the US:
https://palexander.substack.com/p/hospital-ceos-and-senior-doctors?s=r
Hospital CEOs & senior doctors, surgeons in US States, major US hospitals, what? What did you say? They were/are offered fake vaccine cards for NO vaccine? So no firing of you? If they say ‘NO’ jab?
In this article, he seems to be asking for doctors to come forward and tell their story. I expect that this would be very difficult to do.
I kindly ask Gail’s help to understand this article and of course the help of whoever would like to give her/his opinion.
The first point everyone could like about 🙂 is 🙂 …”EU will provide Ukraine with about $10 billion in direct financial assistance to help it meet its immediate budgetary needs.”…
Therefore it means that we are rich as Europeans and so we will give some money for free to them.
But what is not clear to me is the following:
”The European Council has agreed in principle to ban seaborne imports of oil from Russia, leaving a carve-out for pipeline shipments in order to secure the vote of Hungary and other states with high dependence on Russian crude. The sanctions will immediately impact 75 percent of Russian oil imports. And by the end of the year, 90 percent of the Russian oil imported in Europe will be banned,” said European Council President Charles Michel in a statement.”
1) -> I don’t understand why if we ban import by sea from now, we pass from 75% of ban to 90% of ban at the end of the year.
2) -> But, above all, I don’t understand where Europe will buy this 90% of oil not bought anymore from Russia.
Will we exchange world suppliers among users?
Meaning that – for example – Asia will stop buying from Saudi Arabia and we will stop buying from Russia so will we buy only from Saudi Arabia?
Or the situation is more complicated and there will be a huge mess for this change in the world?
How things will probably go in the market?
Thank you
https://www.maritime-executive.com/article/european-council-agrees-to-ban-seaborne-imports-of-russian-oil
Daily EU consumption is about 17 million Barrels.
If India and China / Asia buys all from Russia, it will free capacity from other suppliers?
In that case it could work in the sense of “supply” but not in the sense of “cutting off Russia”.
Unfortunately (to me) it is unclear from where Russia should ship the oil to Asia. One year is a pretty short time frame in the FF industry. Russia has been concentrating a lot on FF supply to the EU. But they also knew that the EU is comitted to phasing out FF.
Probably they also know that phasing out FF might not work as expected…
According to Lukoil’s ex-Chief, the oil is irreplaceable:
“The former head of Russia’s second-biggest oil group has warned that a European ban on the country’s “impossible to replace” crude would be “the most negative scenario” for all parties as EU discussions on an embargo intensify.”
https://www.ft.com/content/634b9984-747d-4699-a89d-1ce49ad84bbe
He also goes on to say that Russia would be forced to shut in some production due to the insurmountable logistical challenges of re-routing oil currently shipped into the EU. This is I’m sure the EU’s primary goal in enforcing these sanctions:
“Most Russian oil wells have meager flow rates and poor economics. A prolonged, large-scale shut-in would mean laboriously closing tens of thousands of these marginal wells, many of which could never return to profit. It could also compromise complex pressure maintenance programs critical to field profitability.
“Restoring lost production capacity at marginal fields after a long shut-in would be a very slow and costly process — if it is possible at all. When Russia suffered a major drop in production in the early 1990s, it took over a decade, along with large amounts of Western capital and technology, to restore production to its previous levels.”
https://www.politico.com/news/magazine/2022/04/26/sanction-russian-oil-without-hurting-west-00027478
Obviously losing a chunk or Russian oil production in this manner would push the global economy more quickly in the direction of collapse.
I often take trains to Moscow and I am always regaled by the passing of a long freight train with many tanks. I am unable to tell whether it was any different six months ago, but it is possible that some of it is moved by rail to terminal points connecting to China.
Harry many thanks for this detailed insight. And many thank also to MM and Mirror.
I also think that – being Russians chess players – if they admit that it could be a problem also for them, it could also mean that they could be pretending at the moment that it will be a problem, while they could have found some solutions to change direction for the oil, leaving Europe with the idea that Europe is really weaking Russia, while it is weaking only itself.
It looks very strange to me that Lukoil ex-Chief plays his part so weak.
But everything can be.
The above could be a typical reasoning you can find in tv series ‘Le bureau’ which give a very reliable and up to date idea (in my opinion) on how States play their cards.
And here I’m trying to guess in that way.
Have a nice evening.
At the same time, I’m also thinking that, in case it is real that Russia has no possibility to divert all its oil, it is probable that it could try to break the bank immediately or stop it for a while, forcing European bureaucrats to go to Bruxelles on bikecycle.
I don’t think that Russians will stay – let’s say ‘again’ – looking to their power to collapse, as it happened with Soviet Union.
And I don’t think that they will accept to be humiliated by sanctions on oil to re-built Ukraine on their shoulders.
Let’s see.
It may be that the dissipative structure that is the self-organising global economy is simply shifting away from Western Europe, so that it can ditch bits of itself and thus maintain what remains, and it is doing that through the radically ‘irrational’ behaviour of humans.
Humans exist as components of wider dissipative structures, particularly their economies, that they build up and maintain. Perhaps they also ditch bits of the dissipative structure, even the part on which they rely.
Humans tend to assume that they are the ‘purpose’ of the wider dissipative structure, and that they are acting ‘rationally’ for their own ‘benefit’, but that is only an interpretation. They suggest another interpretation when they build cathedrals.
Perhaps it is possible to frame these geopolitical events simply in terms of how dissipative structures behave. They ditch bits of themselves, and humans, as parts of the wider dissipative structure, play roles in bringing that about.
If so, then they may be given to ‘irrational behaviour’ that facilitates the ditching of their part of the structure. Likely ‘morality’ and ideological narratives dispose them to do so, eg. ‘Russia is wicked, it has violated sovereignty, and we must buy no Russian FFs.’
Their ‘truths’ function as facilitators of the ‘irrational’. They dispose humans to build up and to maintain dissipative structures, and they also dispose them to ditch parts, even their own part.
The same could be said for ‘green’ narratives that dispose humans to less energy flow. Maybe there too, it is simply the dissipative structure doing what it does, and that appears in ‘consciousness’ in moralistic narratives.
The dissipative structure expands and it shrinks, and humans tell themselves ‘stories’ to supposedly ‘frame’ that, when really the dissipative structure, of which they are components, is simply doing what it does, including through them.
> All the rivers run into the sea; yet the sea is not full; unto the place from whence the rivers come, thither they return again.
All things are full of labour; man cannot utter it.
In other words, it is just the wider structures doing what they do, and humans ‘work’ within that context of being components of the wider structure, even if they do not tend to see it that way.
In other words we are ants (or bees) with a narrative. I look forward to having bees, all my neighbors have them, to further observe and relate. Also, there are ways to make beekeping contactless, and I look forward to tinker with them. I am already becoming acquainted with introducing narratives to cattle, so that they do what I want them to do. So I have been knowing we are livestock with a narrative, but Mirror pushes us out of the mammals taxon.
The interpretation that I suggest is analogous to the orthodox scholasticism of the Middle Ages, in which humans are not the ‘first cause’ of their actions, and the first cause allows (and the ‘allowance’ is ‘effective’) defects in secondary causes, including humans, so that a larger ‘purpose’ may be accomplished.
So, eg. humans act ‘foolishly’ in a moralistic and ideology manner that facilitates that their part of the dissipative structure be ditched. It traditionally comes under ‘providence’ and ‘reprobation’. No doubt Gail’s Lutheran background includes some traditional perspectives that equally lend themselves to that sort of interpretation.
Obviously I am not relying on a deity to propose the same sort of interpretation in which humans are not really ‘in control’, and their actions, including their ‘defective’ ones, facilitate the operation of wider structures to which they are ordered. It may simply be a matter of how dissipative structures function.
The point, that I am making now, is that sort of interpretation is not actually that unusual, let alone ‘heterodox’ in the ‘European’ tradition (obviously perspectives and borders are not contiguous.) Nietzsche also, with his ‘irrationalism’ sees all events as ordered by a power-will.
Bourgeois ‘liberalism’ has a different interpretation centered on ‘free, rational, conscious individuals as ends’, but that is not the historical European orthodoxy. We have all been socialised into that bourgeois perspective, just as former generations were socialised into a contrary perspective, but our own socialisation into the bourgeois perspective does not make it ‘true’.
This is Aquinas:
> Article 2. Whether everything is subject to the providence of God?
…. Objection 2. Further, a wise provider excludes any defect or evil, as far as he can, from those over whom he has a care. But we see many evils existing. Either, then, God cannot hinder these, and thus is not omnipotent; or else He does not have care for everything.
…. Reply to Objection 2. It is otherwise with one who has care of a particular thing, and one whose providence is universal, because a particular provider excludes all defects from what is subject to his care as far as he can; whereas, one who provides universally allows some little defect to remain, lest the good of the whole should be hindered. Hence, corruption and defects in natural things are said to be contrary to some particular nature; yet they are in keeping with the plan of universal nature; inasmuch as the defect in one thing yields to the good of another, or even to the universal good. ST 1,22,2
Dissipative structures are a very broad church.
The amount of energy that any given dissipative structure needs to dissipate in order to continue existing and generally go about its business tends to fall within a fairly narrow range – if I eat too little I may get weak and ill and even die; if I consume too much I may keel over with a heart attack. But the pattern of energy dissipation may shift over time, depending on the type of structure we are talking about.
Humans and many animals have a growth phase followed by a plateau where they achieve maturity and then for a prolonged period their energy intake is roughly flat, unless they have some psychological condition that predisposes them to eat too much or too little.
A hurricane can strengthen and then weaken and become disorganised if it hits cooler water or windshear or land, only to strengthen again when conditions are right.
A star can achieve a state of perfect thermal equilibrium when the amount of energy generated in the core is balanced by the transport of that energy to the surface to be radiated away as starlight.
Then there are animals like fish and amphibians that are so-called indeterminate growers, which will keep growing until environmental limits or predation stop them – but growth is not a pre-requisite for their survival. It’s not even a pre-requisite for the survival of cancer, which is sometimes offered as a, not entirely inaccurate, analogue for modern industrial civilisation.
What’s unusual about modern industrial civilisation is that its natural condition is one of infinite growth, bar the occasional recession to clear out the dead wood, and it requires infinite growth in order to function healthily and ultimately to survive.
It’s depressing to think in these terms but what we have collectively created is a parasitic superorganism that has gorged itself on the fruits of the biosphere, becoming ever more complex in the process, and which is now in the process of dying because it can no longer obtain a sufficient throughput of energy even via financial sleight of hand.
It is actually adding overhead in its distress now rather than becoming more cost-effective. It is not gaining in efficiency but rather falling into dysfunction.
I think what we are seeing is better framed as the death throes of the superorganism rather than the emergence of a more efficient, slimmed down version. Which is not to say that some systemically inessential elements won’t fall by the way side as that process unfolds.
That is very interesting Harry, thank you.
Just briefly as I am going down for victuals (lol), I tend to think of the global economy as an organism that can break into smaller ones, and some parts can ‘die off’, and there is no clear ‘identity’ to the organism, just fluid ‘being’. Or perhaps better, as an energy field that intensifies here and there, and dims here and there, and dims here and brightens there, that sort of thing – and the structural parts are just structures of that. But, refreshments beckon….
I am afraid that you may be right:
“I think what we are seeing is better framed as the death throes of the superorganism rather than the emergence of a more efficient, slimmed down version.”
In theory, there might be parts of today’s world economy that will continue for a while longer, but that is difficult today with the many international supply lines for everything.
The dissipative structure Gail describes is in fact a terranoma. I coined this term decades ago as it embodies the global reality. The human species acting as a surrogate has created a planetary cancer on the surface and in near planetary space. This “ agroindustrial civilization” has reached its natural limits with the exhaustion of practically utilizable hydrocarbons. The terranoma is beginning to die back now as it’s “ blood supply” is restricted. Just as in large mammalian tumors there may be areas of severe necrosis ( nuclear contamination, long term urban concrete emplacements, vastly simplified ecologies ( farmlands).
Fortunately the Gaian system is robust and will undoubtably begin to recover as human civilization dies.
A long and permanent Dark Age is the prescription for what ails the planets ecology. Hell, it might even save Homo sapiens sapiens for the long term.
It will be much better if HS goes extinct.
We serve no purpose (other than to perhaps release captured carbon which the Earth needs to regenerate and recover from short time here)
“modern industrial civilisation is that its natural condition is one of infinite growth“
Infinite growth became possible with cheap and extractable energy. It is why when I was growing up as a boy, Walter Cronkite had his TV Show, “In the 21st Century”.
We could dream of all the possibilities because we had a wealth of cheap energy. Instead we decided to use that cheap energy to go to war, have stuff made in different parts of the world and shipped to different locations. FedEx was born on overnight deliveries. Florida could have lemons shipped from Chile so as to keep their economy growing and provide jobs for their people. China came on board in the 70’s and began to build trinkets first for the US then the rest of the world.
Then we had grocery chains accept “just in time inventory” where products were just hours away. California would become the Nations breadbasket and ship it’s various products around the country.
All of this including “infinite growth” became possible by means of cheap, extractable and affordable energy. We wasted our chance as humans to do something productive with it.
Now it’s no longer available at cheap prices so anyone can afford it. Instead because of a lack of cheap energy, the system we have built over the last 200-300 years is dying because the energy we once had in massive quantities are a thing of the past.
As things die, they first collapse and that’s what will happen to IC.
looks like somebody’s been plagiarising stuff i’ve written over the last 10+ years
it’s called turning the planet into cash by setting fire to it.
Insurance companies are convinced that quite a few people are using arson and claims for damage that occurred before a policy was written to get cash from the insurance system.
We also used it to go joy riding in cars… ride ski lifts… fly away on vacation … purchase stuff that is not necessary for life…
I would argue that using the energy to fight wars — because wars are generally all about fighting over resources and making sure you don’t end up like Somalia —- is an excellent use of oil and other resources…. it’s a close second to using resources to extract resources…
It is impossible for there not to be wars… they are a product of a finite world… and human nature – we are competitive organisms… and Mr DNA drives us.
“It’s depressing to think in these terms but what we have collectively created is a parasitic superorganism that has gorged itself”
That is because you are still ‘anthropomorphising’ the planet, and you probably understand that more than most others. A lot of that sort of thing still goes on on here. Even our own ‘selves’ (‘persons’ and all that implies) are illusory, let alone its projection onto other things. None of it is worth getting depressed about. Take it from me, nothing really matters.
“Hell, it might even save Homo sapiens sapiens for the long term.”
Yes. All retch and no vomit in perpetuity.
Is it something desirable about that one must muse upon?
It is as if we’re stuck in an infinite loop. The wheel of time got no traction, so it just spins in the proverbial ash and mud imprints of WtP egotistical fantasies.
https://memegenerator.net/img/instances/73298181.jpg
MOAR!
YOLO!
(No hate, just dark comedy)
🤣👍👍
Oh yes, within temptation is the truth of a species and it’s embodiments. Still; one must ponder upon how innate a trait is from an evolutionary perspective.
For all intents and purposes it could be an act. The hoax of a lifetime. However, once the hallucinated yada-yada and cackle becomes indistinguishable from objective reality, one is forced to accept it as truth.
Can’t disagree with anything you said.
The irrationality of ditching fossil fuels in favor of intermittent renewables is… extremely irrational.
It is also possible that they will buy russian oil from India.
I think Europe is completely confused about the availability of alternative oil supplies. They won’t really be available in anywhere near the quantity needed.
By the look of things… Western Europe is commiting suicide. Possibly so that other parts of the superorganism can pootle along a bit longer.
western Europe is possibly the most complex society
So collapse would fit in with Tainters theories
Tainter talks about diminishing returns to added complexity.
Haven’t heard peep from that Fat Bastard Tainter on Covid… what’s his take on the CovCON?
“More than one-fifth of major global cities face high risks from terrorism, conflict, crime or civil unrest in the second quarter of 2022, according to a new report from risk analytics company Verisk Maplecroft.
“That includes 23 cities that faced no such risks in the first quarter of the year. Eight of those newly at-risk cities are in Africa, amounting to 14% of the continent’s largest cities, while five are in Europe and Central Asia (7%).”
https://www.investmentmonitor.ai/analysis/global-cities-risks-violence-unrest-q2-2022
US cities I saw mentioned in the report included Portland, Baltimore, New York, and Houston.
Who cares about retail owners. They have insurance /sarc.
“Deglobalisation is boosting foreign exchange volatility.
“The Global Supply Chain Pressure index produced by the Federal Reserve Bank of New York measures global transportation costs and other supply chain pressures. It has moved to the highest levels that we have seen. This is just one component of what is broadly being labelled “supply constraints”.”
https://www.ft.com/content/3cdd02e5-45c5-4820-a631-0d43f6663870
“Central banks launch most widespread rate rises for over two decades.
“Central banks are raising rates rapidly in the most widespread tightening of monetary policy for more than two decades, according to a Financial Times analysis that lays bare the reversal of their previous historically loose stance.”
https://www.ft.com/content/addbf3ca-9859-47cb-bb8f-56a34aa13930
It seems like these widespread rate rises should scare people to death.
There have been articles saying that there are now plenty of containers. This part of the supply chain may be less of a problem. I thought that parts of costs were coming down.
“…the EU’s plan to ban Russian oil just as demand is set to climb could cause an economic shock that would cause an economic situation not seen since the 1980s…
“Energy prices are already sky-high and commodity markets have seen unprecedented price hikes. Most significantly, global oil inventories are falling…”
https://oilprice.com/Energy/Energy-General/How-The-EU-Plan-To-Ban-Russian-Oil-Could-Cause-Stagflation.html
“Germany, the heart of the European economy, just registered consumer price inflation at 7.9%, the highest level since 1952, the year Britain’s Queen took the throne…
“The worst part of the inflation news is that things likely won’t right themselves anytime soon… Germany isn’t the only major European economy suffering from surging inflation. Spain’s inflation rate stands at 8.5%, according to the Capital report.”
https://www.forbes.com/sites/simonconstable/2022/05/30/highest-german-inflation-in-70-years–to-prompt-hike-in-euro-borrowing-costs/
“French Inflation Hits Another Record, Feeding Rate Debate.
“French inflation accelerated to another all-time high, heaping pressure on the European Central Bank to lift interest rates more aggressively after strong readings in Germany and Spain.”
https://www.bloomberg.com/news/articles/2022-05-31/french-inflation-hits-another-record-feeding-rate-hike-debate
It seems “the problems” will manifest on the go as the politics.
Question remains open if it will also disappear on the go.
After tanker routes have been established and refineries refurbished, if it does not work out, the can will be out of road.
We will see.
A commenter somewhere said:
“You can bet that the AI has already played it out down to the last millijoule…”
Yes, our firend the AI, of course.
Question arises if the AI does not have it’s own idea.
That is the basic problem with using general purpose AI.
Or for the lay man “the basic problem of just following orders”.
The author keeps talking about stagflation occurring: “a shock that could very much lead to stagflation.”
I think the result has to be a lot worse than stagflation. It has to lead to depression and huge job loss.
Finally!
I’ve been waiting for the Big Crunch for fifteen years!
“Russian firm Gazprom stops supplying gas to the Netherlands in ruble dispute
“The Russian state gas company Gazprom will stop supplying gas to Dutch organization GasTerra with immediate effect, the Dutch firm said on Tuesday… The result is that Gazprom will not make good on its agreement to deliver two billion cubic meters of gas between now and October 1.”
https://nltimes.nl/2022/05/30/russian-firm-gazprom-stops-supplying-gas-netherlands-ruble-dispute
“UK Ministers have been warned of potential power cuts to as many as six million households this winter, according to reports.
“Government modelling of a “reasonable” worst-case scenario predicts major gas shortages in winter if Russia cuts off more supplies to the EU, The Times says.”
https://news.sky.com/story/six-million-homes-could-face-winter-power-cuts-due-to-energy-shortages-report-12624000
“Europe’s scramble to find alternatives to Russia’s natural gas is pushing the world to the brink of a winter energy shortage, with the worst effects likely to be felt in poorer economies in Asia…
“”By shunning Russian gas, Europe has destabilized the entire global LNG market that began the year with a precarious balance after a tumultuous 2021,” the report said.”
https://edition.cnn.com/2022/05/30/energy/lng-global-winter-shortage-europe/index.html
Interpretation – global gas supplies are in steep decline – blame it all on Putin and claim to be rejecting his gas (duh – nobody commits suicide like this)… so that the global problem gets papered over … and people believe this is a temporary situation
It’s working – nobody is panicking … although a few riots broke out in S Lanka — easily quelled with a few well-placed bullets… killing 8 was it? See how easy it is to put down the riots…
That said – this cannot last forever — UEP must happen
BTW – what ever happened to he anticipating mass insurrection due to the Covid thing… all those folks marching around the block day after day shouting… I thought that was meant to turn into a mass global revolution… as predicted… nothing happened
“Government modelling of a “reasonable” worst-case scenario predicts major gas shortages in winter if Russia cuts off more supplies to the EU, The Times says.”?
“There are no direct gas pipelines between Russia and Britain, and according to the Government, Russian imports made up less than four percent of total UK gas supply in 2021.
The UK relies on a network of highly diverse supply sources, including pipelines from the British and Norwegian continental shelf.
Britain also uses interconnectors with Europe and three liquified natural gas (LNG) terminals, providing it with one of the largest LNG import infrastructures on the continent.”?
https://www.express.co.uk/news/science/1591546/russia-gas-how-much-does-uk-import-evg
“In a letter to Fintan Slye, executive director of National Grid Electricity System Operator, [Energy Secretary, Kwasi] Kwarteng last week wrote that while the UK is “in no way dependent on gas from Russia”, a shortage of gas in Europe could “put considerable pressure on the European gas market and suppliers of liquified natural gas, with the potential for additional, consequential impact on electricity markets”.
“The UK must, therefore, “consider all prudent steps to mitigate these risks and bolster our energy security this winter”, Kwarteng said.”
https://www.endsreport.com/article/1788067/energy-secretary-tells-national-grid-prepare-coal-winter
The whole system is terribly short of natural gas (or will be by this winter). It is cold weather that significantly increases the required supply of natural gas for heating.
How do we confirm if any of this is real?
Good point, FE. I could be a psyop.
“Long story short , the German Southwest Africa has become a place to shoot spacecrafts to the outer space with a regular shuttle service between Windhoek and Saturn. Of course, what we now would call Namibians disappeared without a trace, with not too many people missing them.
I would rather have a shuttle service to Saturn than Namibians.”
To bring up a hot topic here, if you think in terms of net energy and the ETP model oder even Korowiz you could say, there might exist a point in the future when the entire FF industry is out of energy.
You could make a bet that some people fed that into some sort of “models”.
We had the topic of a model being limited by what the model should bring about…
Anyhow, it seems there exists a sort of temporary “path” be it the ADE or the FF industry or the 4th IR.
We do not know it, but we have some indications.
“Shutting off FF supply” would in all practicalities match with “out of FF supply”.
We have been arguing about if this could be a manageable process.
If I were to decide it, I would give it a try.
In any case it can not be a communicated process, otherwise the idea of a “management class” would collapse immediately…
The cover they’re using to attempt a managed collapse of industrial civilization is the issue. Of al the covers they could use, they are currently going with controlling t he spread of a a . . Controlling it requires heavy use of ff to run the computers track ppl, make ppe, and use more automation.
fighting the requires using more ff. i think the ff they think they are conserving with restrictions are cancelled out by their efforts to control the spread. Emissions are as high as they were before the pan demic.
Control the spread of does nothing to get people used to consuming much less ff and the more difficult life that comes with consuming much less ff.
ff=fossil fuels.
I suspect that they can hold things together with money pumping — if one of the fires threatens the castle they hose it with money…..but as you point out it all unravels when the energy math no longer works… perhaps pressure behind the water diminishes and the fires can no longer be extinguished…
“Denmark Fully Prepared To Be Cut Off From Russian Gas…
“Denmark is the latest country to refuse the Kremlin’s demands for opening Western currency accounts alongside a ruble account to allow for payments for gas that are essentially made in rubles.”
https://oilprice.com/Latest-Energy-News/World-News/Denmark-Fully-Prepared-To-Be-Cut-Off-From-Russian-Gas.html
There is the interesting question of how Russia cuts off natural gas exports to Denmark if there are no pipes (from Russia) going directly to Denmark.
I am not sure whether it applies in this case, but in the past Gazprom has struck deals where the other party is not contractually allowed to re-export. If they do, Gazprom is then allowed to stop exporting to their customer.
It is not good to displease Gazprom, when the company is selling natural gas to you.
It is inevitable to displease Gazprom, when it serves as the engine of the war against the West, i.e. you.
The energy production of Russia turned into a war machine, which is crazy.
It is like a car driving without control.
Blaming the West, i. e. the oceanic climate as being bad vs continental climate, when the real target of the Russian militarism is to get access to the oceans is crazy, too.
The Russian fossil fuel production has turned into a self-consuming activity.
Russia simply implodes and only few completely realize it.
I think you may be right.
“Sri Lanka Urges Airlines to Fly Full Tank or Fill Elsewhere.
“Sri Lanka is recommending airlines carry enough jet fuel to last return trips or fill up elsewhere, as the island grapples with a shortage of everything from oil to food due to a foreign-exchange crisis.”
https://www.bloomberg.com/news/articles/2022-05-30/sri-lanka-urges-airlines-to-fly-full-tank-or-fill-up-elsewhere
“‘People are going to die’: crisis-hit Sri Lanka runs out of medicine…
“Sri Lanka imports more than 80% of its medical supplies. Now almost 200 medical items are in shortage, including 76 essential, life-saving drugs, from blood-thinners for heart attack and stroke patients to antibiotics, rabies vaccines and cancer chemotherapy drugs.”
https://www.theguardian.com/world/2022/may/31/people-are-going-to-die-crisis-hit-sri-lanka-runs-out-of-medicine
We heard that in Lebanon many months ago … it never seems to happen though…
Of maybe the death rates in these countries go up, as people get less medicine. I am not sure we get good death statistics in these countries that are doing poorly.
When does this canary die?
Now is a good time since we still have a semi functional BAU so it’s likely we could watch it play out and see our future.
I’m getting a little bit bored waiting for something Big to happen. S Lanka would fill the void as we wait for the VAIDS thing to really get in gear — ideally with the Pox ripping through the CovIDIOTS.
I want a taste of Schadenfreude with my SL Doom.
Oh and btw 2+ years ago I warned a few f789tards (former friends) that this Covid response would implode the global economy … they dismissed the warning … bit of I told you so coming?
Of course Big Picture is that it was imploding anyway… but they would not understand the Big Picture… cuz MOREONS.
I was raked over the coals for referring to Ardern as a f789ing re tar ded donkey… I don’t understand why anyone would find that offensive… except the MOREONS of course… they like it for some reason…
I wonder how many other island nations will tell aircraft to expect not to be able to refuel, when visiting them. It will add to the inefficiency of the system, if aircraft have to fly fuller, to have sufficient fuel to fly back, as well.
“These China Developer Bonds Are Flashing Big Warning Signals…
“Risks are now spreading to even higher-rated borrowers [suggesting] that suggested most private Chinese developers face the risk of a missed payment if they can’t access fresh financing, according to some analysts. Refinancing in global debt markets is out of the question for many firms after average yields on their junk dollar notes jumped above 20%.”
https://www.bloomberg.com/news/articles/2022-05-31/these-china-developer-bonds-are-flashing-big-warning-signals
“China faces a nearly $1 trillion funding gap. It will need more debt to fill it…
““The latest wave of Omicron and the widespread lockdowns in place since mid-March have resulted in a sharp contraction in government revenue, including land sales revenue,” Ting Lu, chief China economist at Nomura, and a team said in a report last week.”
https://www.cnbc.com/2022/05/31/china-faces-a-nearly-1-trillion-funding-gap-it-will-need-more-debt-to-fill-it.html
It seems like China could have seen exactly what would happen.
This feels like 2019 on Steroids… how is it holding together?
A 20% plus interest rate for builders would put an end to most building!
The madness continues…
“More than two-thirds of Russia’s oil supplies to the EU so far will be stopped, EU Council President Charles Michel said during the summit in Brussels. However, at the insistence of Hungary and its Prime Minister Viktor Orbán, only imports by sea are affected. Imports via pipelines remain possible.
This means that Germany could also continue to obtain its supplies via this oil. However, Chancellor Olaf Scholz (SPD) has announced that he will refrain from doing so. This is likely to make the raw material even more expensive for Germans. Prices for heating and refueling will continue to rise. This will also affect all other prices. This is because companies will probably pass on their higher energy prices to consumers. Inflation is therefore likely to rise further. In May, it was already 7.9 percent in Germany.
Council President Michel said the EU was thus cutting off the Kremlin “from a huge source of funding for its war machine.” The compromise allows Hungary to continue to be supplied with Russian oil via the Druzhba pipeline. Refineries in Germany and Poland, as well as in Slovakia and the Czech Republic, are also connected to it. However, in addition to Germany, Poland has also stated that it does not want to benefit from the exemption for pipeline oil.
As a result, Russia will sell only one-tenth of its previous oil volume to the EU next year, said EU Commission President Ursula von der Leyen. The planned reduction in oil imports would therefore not be two-thirds, but would “effectively rise to around 90 percent.” So far, Russia has taken in an estimated 450 million euros a day through its oil sales to the EU.
Prior to the agreement reached at the summit meeting of heads of state and government in Brussels, Hungary had pointed to its great dependence on Russian oil and had blocked an embargo until now. The compromise reached leaves the country’s energy supply untouched. “Brussels’ proposal would have been tantamount to a nuclear bomb, but we managed to prevent it,” Prime Minister Viktor Orbán said after the agreement.”
Stopped – or not available because Russia is past peak and is on the downslope?
Stopped sound better – it’s temporary
I strongly agree on this one. The Nord Stream II could have been pure cargo-cult – with no gas available to fill the pipeline.
Crazy agreement!