Is the debt bubble supporting the world economy in danger of collapsing?

The years between 1981 and 2020 were very special years for the world economy because interest rates were generally falling:

Figure 1. Yields on 10-year and 3-month US Treasuries, in a chart made by the Federal Reserve of St. Louis, as of May 10, 2022.

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.

Figure 2. Chart showing the important role Quantitative Easing (QE) to lower interest rates plays in adjusting the level of “demand” (and thus the selling price) for oil. Lower interest rates make goods and services created with higher-priced oil more affordable. In addition to the items noted on the chart, US QE3 was discontinued in 2014, about the time of the 2014 oil price crash. Also, the debt bubble crash of 2008 seems to be the indirect result of the US raising short term interest rates (Figure 1) in the 2004 to 2007 period.

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.

Figure 3. World energy consumption for the period 1990 to 2020, based on energy data from BP’s 2021 Statistical Review of World Energy and world Purchasing Power Parity GDP in 2017 International Dollars, as published by the World Bank.

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. World energy consumption from 1820-2010, based on data from Appendix A of Vaclav Smil’s Energy Transitions: History, Requirements and Prospects and BP Statistical Review of World Energy for 1965 and subsequent. Wind and solar energy are included in “Biofuels.”

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. Estimated average annual increase in world energy consumption over 10-year periods using the data underlying Figure 4, plus similar additional data through 2020.

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. Same chart as Figure 5, except that the portion of economic growth that was devoted to population growth is shown in blue at the bottom of each 10-year period. The amount of growth in energy consumption “left over” for improvement in the standard of living is shown in red.

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. The same information displayed in Figure 6, displayed as an area chart. Blue areas represent average annual population growth percentages during these 10-year periods. The red area is determined by subtraction. It represents the amount of energy consumption growth that is “left over” for growth in the standard of living. Captions show distressing events during periods of low increases in the portion available to raise standards 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.

Figure 8. US inflation rates, based on Table 1.1.4 Price Index for Gross Domestic Product, published by the US Bureau of Economic Analysis.

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.

Figure 9. US inflation rates, based on Table 1.1.4 Price Index for Gross Domestic Product, published by the US Bureau of Economic Analysis.

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.

Figure 10. Slide prepared by Gail Tverberg showing peak coal estimates for the UK and for Germany.

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.

Figure 11. Per capita crude oil production from 1973 through 2021. Crude oil amounts are from international statistics of the US Energy Information Administration. Population estimates are from UN 2019 population estimates. The low population growth projection from the UN data is used for 2021.

At the same time, the world economy was able to expand the use of other energy products, at least through 2018.

Figure 12. World per capita total energy supply based on data from BP’s 2021 Statistical Review of World Energy. World per capita crude oil is based on international data of the EIA, together with UN 2019 population estimates. Note that crude oil data is through 2021, but total energy amounts are only through 2020.

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!

About Gail Tverberg

My name is Gail Tverberg. I am an actuary interested in finite world issues - oil depletion, natural gas depletion, water shortages, and climate change. Oil limits look very different from what most expect, with high prices leading to recession, and low prices leading to financial problems for oil producers and for oil exporting countries. We are really dealing with a physics problem that affects many parts of the economy at once, including wages and the financial system. I try to look at the overall problem.
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4,216 Responses to Is the debt bubble supporting the world economy in danger of collapsing?

  1. Hubbs says:

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    • Try again on your link. Be sure you have the image displayed from a website, and copy the link to it that is given. You might also tell us what it is with regard to.

  2. Hubbs says:

    A very good article which summarize everything in a nutshell, speaking of nuts. Doomberg now behind a pay wall. Missing the charts and pictures etc.

    Grim Diesel

    Doomberg
    May 23
    “God gives the nuts, but he does not crack them.” – Franz Kafka

    The molecular symphony that is the fossil fuel industry powers life, produces critical material goods, and ensures the very survival of the human species. Without the brilliant scientists, engineers, technicians, and field workers that keep these essential products flowing, society would collapse within months. Our political class – a collection of people who have benefited the most from and yet know the least about the hard work that goes on in the space – continues to do its level best to impede and reverse the development of our domestic energy bounty, naively assuming they can jackhammer away at the foundation of the tower they sit atop and somehow be immune from the consequences of its collapse.

    John Kerry, noted scientist | Getty Images
    Principal among the fossil fuels in its importance is diesel, one of the most abundant products derived from refining a barrel of oil (second to gasoline). Diesel engines are ideal for long-haul truckers and heavy-equipment operators because they provide superior torque at low RPM, critical for pulling heavy loads. Diesel engines are efficient, reliable, and durable. Without the fuel to power these engines, our supply chains would quickly seize up, grocery store shelves would be stripped bare, mining of all critical ores would cease, and riots would soon follow.

    An urgent crisis is unfolding in the global supply of diesel – something Bloomberg energy and commodities columnist Javier Blas has been flagging for many months, both on Twitter and in print (emphasis added throughout):

    “The dire diesel supply situation predates the Russian invasion of Ukraine. While global oil demand hasn’t yet reached its pre-pandemic level, global diesel consumption surged to a fresh all-time high in the fourth quarter of 2021. The boom reflects the lopsided Covid-19 economic recovery, with transportation demand spiking to ease supply-chain messes.

    European refineries have struggled to match this revival in demand. One key reason is pricey natural gas. Refineries use gas to produce hydrogen, which they use to remove sulphur from diesel. The spike in gas prices in late 2021 made that process prohibitively expensive, cutting diesel output.”

    Refueling a diesel truck | Getty Images
    Without a doubt, Russia’s invasion of Ukraine was an accelerant, turning years of terrible policies into today’s many catastrophes. It also gave cover for our leaders to externalize the blame for their prior missteps, making it unlikely we will course correct in an intelligent manner any time soon. Tell yourself a lie long enough and you start to believe it.

    As we have covered on several occasions, the natural gas crisis in Europe and the supply chain disruptions resulting from our reaction to the Covid-19 pandemic continue to reverberate in seemingly unexpected ways. The diesel shortage is exacerbated by both. To visualize the best path forward, we must appreciate the interconnected nature of integrated chemical processes, the whereabouts of supply chain pinch points, and the complexities of co-product economics.

    In their journey from sedimentary rock to the gas tank, the molecules manipulated out of oil and gas are handled, transformed, transported, and otherwise interacted with by dozens of highly specialized companies, many of whom run capital intense, low margin, and highly volatile businesses. There are drillers, oil field services companies, pipeline operators, railroad owners, refiners, distributors, and gas station retailers, just to name a few. A simplified flow diagram follows, and the orange box highlights the origination point of the current diesel price pressure – Crude Oil Refining.:

    The oil and gas industry. Simple, right? | GPA Midstream Association
    Suffice it to say, the common assumption by the lay consumer (fed by politicians and pundits) that high prices at the pump result from gouging couldn’t be further from reality. Let’s dig in…

    • This is a link to the post you are referring to, so readers can see the illustrations:
      https://doomberg.substack.com/p/grim-diesel?s=r

      I knew this:

      “The dire diesel supply situation predates the Russian invasion of Ukraine.”

      One thing I wasn’t aware of is this:

      “One key reason is pricey natural gas. Refineries use gas to produce hydrogen, which they use to remove sulphur from diesel. The spike in gas prices in late 2021 made that process prohibitively expensive, cutting diesel output.”

      Requiring low-sulfur diesel is relatively recent. If the only problem were the low sulfur, there might be a work-around.

      A different issue that I was aware of was that “cracking” very heavy oil uses natural gas. This is a relatively high-cost operation. If the price of oil is too low, the heavy oil is used as asphalt. Back before the recent regulations were changed, it was used a bunker fuel.

      This is a chart I made recently, but never found a place for in any of my posts, showing how the share of diesel (plus gas oil) has changed as percentage of total oil consumption, with the change in oil price. Amounts are worldwide. Europe uses a disproportionate share of the world’s diesel, so it tends to get into trouble quickly.

      https://ourfiniteworld.com/wp-content/uploads/2022/05/Diesel-Gas-oil-share-of-oil-tends-to-rise-with-price-1024×617.png

      • MM says:

        A common notion is that crude shipments can be replaced and mixed on the go.
        Refineries ususally are set to process a very well extablished “mix” of crude. That is the reason why many have long term contracts.
        You can not switch a refinery to another mix on the control computer.
        You need to clean it, readjust the process, test it, maximize yield and stabilize. You can not do that on a daily basis depending on what vessel just shows up in your port today (or not).

  3. Student says:

    (IlParagone)

    ”Monkeypox, virologist’s disturbing hypothesis: Here’s what could cause it
    […]
    What could have happened all of a sudden? A mutated virus or a general decline in collective immunity.
    […]
    Simptoms can be mild or moderate, and skin lesions can cause itching and in some cases pain. It is manifested by fever, muscle aches, headache and fatigue. A typical symptom is enlarged lymph nodes”

    …In my view it is also very strange because skin reactions and lymph nodes were a typical Covid jab reaction..

    https://www.ilparagone.it/attualita/vaiolo-delle-scimmie-linquietante-ipotesi-della-virologa-ecco-cosa-potrebbe-causarlo/

  4. Sam says:

    Gail, there is more and more talk about a bretton woods two agreement what would that look like? And is it even possible?

    • I am not certain what it would look like, especially if it includes gold as its base, as the original agreement did.

      The big problem we have is the lack of an adequate supply of cheap-to-produce energy supply (as Norm mentioned recently in this context). This inadequate supply of cheap-to-produce energy spills over to a lack of the end products people expect to buy, including food, inexpensive fresh water, and the many products we buy every day, including things at the hardware store.

      The international trading system pretty much has to come apart to a significant extent, because there is not sufficient energy to maintain the level of trade that we have. A Bretton Woods II agreement would not fix the underlying problem.

  5. Michael Le Merchant says:

    This is going to end well…

    White House explores tapping emergency diesel reserve to ease price spike

    New York
    CNN Business

    The White House is considering an emergency declaration that would enable President Joe Biden to release diesel from a rarely used stockpile in a bid to address a major supply crunch, a senior White House official told CNN.

    The deliberations about tapping the Northeast Home Heating Oil Reserve underscore the level of concern inside the White House about record-high prices for diesel.

    Diesel is a vital fuel for the US economy, powering not only farm and construction equipment but the trucks, trains and boats that move goods across the country. Skyrocketing diesel prices are likely to get passed along to families, contributing to America’s worst inflation crisis in four decades.

    Inventories of diesel in the Northeast have plunged to record lows in recent weeks because of a confluence of factors that include the war in Ukraine and surging demand.

    “The system is definitely under strain,” the senior White House official said.

    The impact from such a release would be limited by the relatively small size of the reserve, which only contains 1 million barrels of diesel — equal to about a day’s worth of supply in the region.

    “It’s small potatoes. It might buy a couple of weeks or even months, but it doesn’t solve the underlying issues,” Andy Lipow, president of Lipow Oil Associates, told CNN.
    https://www.cnn.com/2022/05/23/energy/inflation-diesel-white-house/index.html

    • No kidding! This is a tiny reserve, relative to what is needed.

    • drb753 says:

      Looks like the US is not ready for a fuel consuming ground war.

      • I think the lack of ability to mount a fuel-consuming ground war was the reason for looking into bioweapons in the first place.

        • banned says:

          I wonder if anything will come of the UN investigation alleging Illegal bioweapon development in Ukraine. This has been called disinformation but the labs were on the embassies website and the queen herself Victoria Nuland openly expressed concerns that the materials in the laboratories might fall into Russian hands. The labs were financed out of the DTRA pentagon budget. If this research is to benefit all humanity why is the pentagon paying for it?

          https://drdannielleblumenthal.wordpress.com/2022/03/06/allegation-by-russia-of-biological-weapons-near-ukraine-borders-machine-translation-requires-verification/

          There a whole lot out there we dont know about. Russia has designed their military electronics for many decades with a emphasis on being EMP resistant. Our whole idea about conflict missiles rising up, F35 vs SU57, may be a fantasy if everything falls out of the sky. And EMP is just one thing and we even know about it. Imagine what we dont know about.

          I think this certainly applies to biological weapons. In my opinion one thing is crystal clear. Gain of function research is biological weapon research masked by a excuse thats so lame a 6 year old wouldnt try to pull it off. Its kind of a sign of the times. Its not biological weapons development you see its gain of function research. We would NEVER even think of doing biological weapons development. Simple gain of function research my good fellow. Paid for by our friends at DTRA bless their hearts.

          There are very hard questions that arise about trust and motives from the similarities between the injuries of the covid virus and the vaccine- respiratory aside. There is really very little doubt that the virus was engineered. Baric- Shi. Thats omost mainstream. And there is no debate about the “warp speed” injections being engineered. 15 years work miraculously in two. Miracles never cease. What are the implications that as we learn more the two engineered creations seem to be identical in many of the ways that they harm the body via the spike protein?

  6. Michael Le Merchant says:

    Modified spike protein RNA injection-induced Amyloidosis?

    “These amyloid deposits don’t get broken down and disrupt the normal funtioning off cells and tissues affected and unfortunately, can affect pretty much all tissues. This, in my opinion, is the reason for the carditis’s we are seeing. Amyloid deposits in the myocardium, pericardium and endocardium. Amyloid cardiomyopathy.”

    “Make no mistake: these shots are massively dangerous. You truly take an enormous risk by getting injected with this modified spike protein, in my opinion. It absolutely has associations with prion-like illnesses with demonstrable amyloidygenic properties.”

    “I leave my readers to decide for themselves what they think is going on here, but I strongly believe that these modified spike proteins were made to be destructive. It cannot be that intelligent experimentalists did not know the potential dangers associated with what they created. The modifications are too precise and targetted. These prion-like proteins work entirely against an optimally-functioning human physiological being, and they could be the link between all adverse events and disease symptoms we are seeing in adverse event data and clinically: neurological, (CJD), immunological, cardiovascular, hepatological, etc…”
    https://jessicar.substack.com/p/modified-spike-protein-rna-injection?utm_source=%2Fprofile%2F40349025-jessica-rose&utm_medium=reader2&s=r

    • nikoB says:

      Walter M Chestnut’s work is mostly on this thesis. He has some compelling scientific studies that link his hypothesis that spike causes systemic amyloidosis.

      https://wmcresearch.substack.com/

      • nikoB says:

        Possible discovery of mechanism behind mysterious COVID-19 symptoms

        In patients with serious and long-term COVID-19, disturbed blood coagulation has often been observed. Now, researchers at Linköping University (LiU), Sweden, have discovered that the body’s immune system can affect the spike protein on the surface of the SARS-CoV-2 virus, leading to the production of a misfolded spike protein called amyloid. The discovery of a possible connection between harmful amyloid production and symptoms of COVID-19 has been published in the Journal of American Chemical Society.

        In those who have serious and long-term COVID-19, organs other than the lungs can be gravely affected. Complex symptoms and damage in, for example, the heart, kidneys, eyes, nose, and brain, as well as disturbed blood coagulation, can persist. Why the illness affects the body in this way is largely a mystery. Now, researchers at LiU have found a biological mechanism which has never been described before, and which can be a part of the explanation.

        https://medicalxpress.com/news/2022-05-discovery-mechanism-mysterious-covid-symptoms.html

        The research team studies illnesses which are caused by misfolded proteins, of which Alzheimer’s disease in the brain is the most well-known example. The researchers noted that there are many similarities between COVID-19-related symptoms and those which are observed in illnesses caused by misfolded proteins.

        • This seems to be the academic article associated with the linked story in Medical Express:

          https://pubs.acs.org/doi/10.1021/jacs.2c03925

          Amyloidogenesis of SARS-CoV-2 Spike Protein

          Sofie Nyström* and Per Hammarström* May 17, 2022.

          Strangely enough, this was published by the American Chemical Society.

          Abstract
          SARS-CoV-2 infection is associated with a surprising number of morbidities. Uncanny similarities with amyloid-disease associated blood coagulation and fibrinolytic disturbances together with neurologic and cardiac problems led us to investigate the amyloidogenicity of the SARS-CoV-2 spike protein (S-protein). Amyloid fibril assays of peptide library mixtures and theoretical predictions identified seven amyloidogenic sequences within the S-protein. All seven peptides in isolation formed aggregates during incubation at 37 °C. Three 20-amino acid long synthetic spike peptides (sequence 192–211, 601–620, 1166–1185) fulfilled three amyloid fibril criteria: nucleation dependent polymerization kinetics by ThT, Congo red positivity, and ultrastructural fibrillar morphology. Full-length folded S-protein did not form amyloid fibrils, but amyloid-like fibrils with evident branching were formed during 24 h of S-protein coincubation with the protease neutrophil elastase (NE) in vitro. NE efficiently cleaved S-protein, rendering exposure of amyloidogenic segments and accumulation of the amyloidogenic peptide 194–203, part of the most amyloidogenic synthetic spike peptide. NE is overexpressed at inflamed sites of viral infection. Our data propose a molecular mechanism for potential amyloidogenesis of SARS-CoV-2 S-protein in humans facilitated by endoproteolysis. The prospective of S-protein amyloidogenesis in COVID-19 disease associated pathogenesis can be important in understanding the disease and long COVID-19.

    • Very disturbing!

  7. Student says:

    Smallpox

    (State of New Jersey – Department of Agriculture)

    ‘Treatment of monkeypox is mainly supportive. The antiretroviral drug cidofovir has been effective in vitro and in animal studies, but its efficacy against monkeypox in humans in unknown. The toxic effects of this drug must also be considered. The efficacy of vaccinia immune globulin (VIG) in cases of monkeypox is unknown.
    The human smallpox vaccine is thought to help prevent monkeypox infections, as well as decrease the severity of the symptoms. Post-exposure vaccination may also be helpful.
    The CDC currently recommends smallpox vaccination only in people who have been or are likely to be exposed to monkeypox. The World Health Organization DOES NOT RECOMMEND routine vaccination of healthy people in endemic areas, as the benefits of vaccination DO NOT APPEAR TO OUTWEIGH THE RISKS AND THE EXPENSE. In particular, HIV infection, with its concurrent immunosuppression, is common in the parts of Africa where monkeypox occurs.

    https://www.nj.gov/agriculture/divisions/ah/diseases/monkeypox.html

    From comment nr. 153 of this blog
    https://luogocomune.net/35-commenti-liberi/6005-commenti-liberi-21-mag-2022#comment-309551

    • Translation under comment 153 video:

      Pentagon: we have been training Ukrainians for 8 years – Azovstal: evacuation or surrender? – Stefania Craxi: “Why I like Putin” – Panorama: too many adverse reactions –

      I presume this has to do with “Smallpox virus: Bill Gates already knew.”

      I remember Bill Gates warning about the smallpox virus earlier.

  8. Student says:

    Venezuela is a little bit less an enemy…

    (Ship2shore)

    ”Washington ‘opens’ to more Venezuelan crude oil flow to Europe.
    The Biden administration is reportedly studying sanctions relief to allow Eni and Repsol, the only European majors active in the country, to increase direct volumes to the Old Continent”

    https://www.ship2shore.it/it/energia/washington-apre–ad-un-maggior-afflusso-di-greggio-venezuelano-in-europa_81057.htm

    • From very small to small, I expect.

    • Artleads says:

      The Americas would do well to wake up to their ultimate dependence on Venezuela. And that dependence requires Central America to be stronger and more unified. China lurks. India lurks.

  9. Ian says:

    For those interested, I strongly recommend watching this entire 35 minute video by Amazing Polly about the Monkeypox and other things like gain-of-function research. She delves deeply into what is going on, as well as some relevant past history.

    https://rumble.com/v15qehf-mind-blown-gain-of-function-on-pox-viruses-confirmed..html

    A couple of days ago I made a long posting about the monkeyvirus, but it went for moderation and by the time it finally appeared there were so many more recent postings that many here will not have seen it. (Which might also happen to this one …)

    https://ourfiniteworld.com/2022/05/17/is-the-debt-bubble-supporting-the-world-economy-in-danger-of-collapsing/comment-page-5/#comment-367587

    Of course, with all of this, one needs to read many views and keep an open mind.

  10. Fast Eddy says:

    This is odd… called the head office of the organization involved to get details of the attack on this girl under the pretence that we were considering enrolling two of our children there (who is unnamed as is the specific school) https://www.gdst.net/contact/ and they have no idea what I am talking about.

    You’d think that if 60 students were hurling abuse at a student they’d be aware of it?

    https://www.conservativewoman.co.uk/hounding-of-the-girl-who-cried-woke/

    How can we even be sure this is not all just a stitch up from a PR Team?

  11. hillcountry says:

    $10 Gas And The GOP Could Declare The Democrats A Domestic Terrorist Organization

    Ten dollar gas is going to decimate the Democrats in both houses of Congress. The GOP will have enough sway to tilt things in their favor, especially since they are going to run the table in the state governments, such as gerrymandering and the like.

    This is a once in a generation thing – the Democrats will likely lose bigger than 1994.

    Who knows the Republicans could get serious and drain a lot of the Democrat’s half of the Swamp, especially since the Democrats run the bureaucracy and Republicans don’t. They are actually prosecuting one Democrat political crook who worked for Clinton. At least they are going through the motions.

    What are the legacy media brands going to do? All the Democrat blogs like Washington Post and New York Times? MSNBC?

    Everyone seems to get lost in the rhetoric. Take all these attacks on Tucker Carlson. Ignore the rhetoric. What actually happened? Two things:

    First, Tucker Carlson beat every other media personality in the entire country, hands down. Tucker Carlson is the King Of All Media.

    Second, all of his competitors who lost their audience to him are calling him “racist” and demanding he be banned from the airwaves, and Democratic politicians are openly threatening private businesses who employ or do business with Tucker Carlson, because they know that Tucker Carlson is making Republicans more popular.

    The most important Leftist Democrat intellectual of the last two generations, Noam Chomsky, has declared that anyone who refuses the Pfizer MRNA injections be starved to death, Project Veritas has caught dozens of Leftist Democrats advocating concentration camps and “re-educating” other people’s children, and the Democrats are calling parents at school boards objecting to the sexual grooming of children as “extremists.” Extremism is now “mainstream” in the Democratic party.

    Meanwhile, Joe Biden is President and gas is supposed to be TEN DOLLARS A GALLON in the next thirty days.

    If that happens I don’t think people are going to have the patience to listen to far-left Democrats lecture people about “racism” and why we need more immigration for the Great Replacement conspiracy.

    https://bannedhipster.home.blog/2022/05/19/10-gas-and-the-gop-could-declare-the-democrats-a-domestic-terrorist-organization/

    • We will have to wait and see what really happens.

    • Ed says:

      Dominion is still doing the counting.

    • the fundamental problem is that the unthinking masses remain convinced that the cost of fuel (in whatever form it is delivered) is a political problem, which can be rectified by voting this way or that, changing politicians, devising ‘new techologies.

      when this is shown not to work, the same people refocus their beliefs, and declare ‘the others’, (whoever they are) are domestic terrorists, or somesuch.

      the fact that all this is self inflicted, is dismissed as nonsense

  12. Yoshua says:

    https://mobile.twitter.com/fitterhappierAJ/status/1528563163884572674?cxt=HHwWhMCygaqGxrYqAAAA

    Monkeypox has a RO=0.98 for a healthy immune system

    The monkeypox spread could be a warning sign of what is to come if we allow airborne HIV to reinfect us and rodents, which will destroy our immune systems and turn a lot of viruses to RO>1

    • Fast Eddy says:

      So long as the injected get those blisters all over their bodies with puss running out of them as they burst…. this is a Huge Win.

      They’ll surely notice that this affecting only the injected hahahahahahaha….

      Festering pustulized zombies — hopefully their symptoms weaken them so they are unable to attack the Pure Bloods…

      I feel nothing for the injected… my heart goes stone cold as I type this

      They deserve it

    • Depressed immune systems are what allow Monkeypox to spread. Depression of immune systems by the vaccine is what does it. Probably, the more injections, the more depression of the immune system.

  13. Fast Eddy says:

    Doctors = Scum https://t.me/TommyRobinsonNews/35905

    EVERY DAY BRINGS ME NEW MONKEYPOX QUESTIONS….SO MUCH IS NOT MAKING SENSE.

    but….

    Here is an article outlining dozens of cases of a “bullous” dermatological disease (several different diseases actually) FOLLOWING MRNA VACCINATION

    Note how closely the blisters resemble the Monkey Pox

    One photograph attached but if you have a strong stomach google the names of the dermatological diseases outlined in the article, in google images

    Background: Cases of severe autoimmune blistering diseases (AIBDs) have recently been reported in association with the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) vaccination.

    Aims: To describe a report of oropharyngeal Pemphigus Vulgaris (OPV) triggered by the mRNABNT162b2 vaccine (Comirnaty®/ Pfizer/ BioNTech) and to analyze the clinical and immunological characteristics of the AIBDs cases reported following the SARS-CoV-2 vaccination.

    https://pubmed.ncbi.nlm.nih.gov/35278817/

    EUuuuu

    https://www.dermatologyadvisor.com/wp-content/uploads/sites/20/2019/01/pemphigus01apau0j_1462718.jpg

    https://www.facingacne.com/wp-content/uploads/2012/01/Pemphigus-vulgaris.jpg

    Better norm mike — than we the unvaxxed hahahahaha

  14. Lastcall says:

    More of the same.

    ‘It has also become apparent that a remarkable and wide-ranging propaganda effort was used to mobilize support for lockdowns and, later on, injections. For example, it is understood that many Western governments have behavioural psychology units attached to the highest levels of government, designed to shape thoughts and behaviour. According to Iain Davis, in February 2020 the WHO had established the Technical Advisory Group on Behavioural Insights and Sciences for Health (TAG); ‘The group is chaired by Prof. Cass Sunstein and its members include behavioural change experts from the World Bank, the World Economic Forum and the Bill and Melinda Gates Foundation. Prof. Susan Michie, from the UK, is also a TAG participant’. In the UK, behavioural scientists from SPI-B (Scientific Pandemic Influenza Group on Behaviour) reconvened on 13 February 2020 and subsequently advised the UK government on how to secure compliance with non-pharmaceutical interventions (NPIs). Broadly, these propaganda techniques appear to have involved maximising perceived threat in order to coerce populations to comply with lockdown and, eventually, to accept a series of injections.

    We also now know that propaganda activities have included smear campaigns against dissenting scientists and, in at least one major case, were initiated by high-level officials: in Autumn 2020, Anthony Fauci and National Institute of Health director Francis Collins discussed the need to swiftly shut down the Great Barrington Declaration, whose authors were advocating an alternative (and historically orthodox) COVID-19 response focused on protecting high-risk individuals and thus avoiding destructive lockdown measures. Collins wrote in an email that this ‘proposal from the three fringe epidemiologists … seems to be getting a lot of attention … There needs to be a quick and devastating published takedown of its premises’. Rather than a civilised and robust scientific debate, a smear campaign followed.’

    • Good points!

    • Fast Eddy says:

      That said … how much can we expect from a species that invents ways to f789 mother nature and expand it’s population to 8B through the use of finite resources… and refer to itself as smart…

      hahahahahahahaha… hahahahahaa

  15. Lastcall says:

    ‘Professor Peter Dale Scott (University of California, Berkley) developed the idea of the ‘structural deep event’ and this is useful in capturing the idea that powerful actors frequently work to instigate, exploit or exacerbate events in ways that enable substantive and long-lasting societal transformations. These frequently involve, according to Scott, a combination of legal and illegal activity implicating both legitimate and public-facing political structures as well as covert or hidden parts of government – the so-called deep state which is understood as the interface ‘between the public, the constitutionally established state, and the deep forces behind it of wealth, power, and violence outside the government’. So, for example, Scott argues that the JFK assassination became an event that enabled the maintenance of the Cold War whilst 9/11 likewise enabled the global ‘war on terror’, and that both involved a variety of actors not usually recognized in mainstream or official accounts of these events. It is important to note that Scott claims his approach does not necessarily imply a simplistic grand conspiracy, but is rather based on the idea of opaque networks of powerful and influential groups whose interests converge, at points, and who use and exploit events to pursue their objectives.’

    https://www.pandata.org/cock-up-or-conspiracy/

  16. CTG says:

    Normalcy bias is extremely strong and prevalent. Talked to a few rich people from UK and other developed countries. Inflation is not a problem for them but they don’t realize that island nations can turn into Sri Lanka anytime and whether you are rich or not, unless you are super rich with private jets, you are just in a shape as bad as the homeless once the basic infrastructure like gas/petrol/gasoline has run out or the economy has collapse big time.

    They “feel” they will be ok in their luxurious house.

    • Tsubion says:

      Show then the video clip from World War Z where the mutated zombies are running up and over the walls in Israel and even jumping on helicopters. Telll them… “There is no escape.” Then walk away.

    • Fast Eddy says:

      For those who have private jet $$$$…. they’ll be blamed – and targeted (not hard to find – just head for Posh Avenue) … so best get on that jet and get outta dodge!

    • Herbie Ficklestein says:

      Jay Hanson said the same about the RICH and being rich…
      During the time of the Famine in Ireland the poor, starving desperate were shot down dead by soldiers while attempting to get food stocks stored in warehouses that the RICH were given because they had a money..
      Hanson said while focusing on our predicament he neglected his finances…doomers usually are not long term investor…and wasted big returns on the bull run on the 90s…so he woke up and started to trade again the market…because the RICH are treated better ..
      No brainer .better to have money than not have it.
      Next question what type of money 🤑?

  17. Yoshua says:

    https://mobile.twitter.com/Harvard2H/status/1527258321048195074?cxt=HHwWhMCypb3W9LEqAAAA

    Rodents infected by airborne HIV will open the Pandora’s box of disease

  18. Fast Eddy says:

    The truth – is not allowed … seems the PR Team made a call and told the bank to backtrack…

    Same thing happens when experts speak out against the Covid narrative… not allowed

    HSBC came under pressure to sack Mr Kirk after he gave the presentation entitled “Why investors need not worry about climate risk” at a conference on Thursday.

    During the 15-minute address at the FT Moral Money Summit, Mr Kirk said “Climate change is not a financial risk that we need to worry about.”

    In a LinkedIn post on Saturday, the bank’s group chief executive Noel Quinn said he did not agree “at all” with Mr Kirk’s remarks.

    “They are inconsistent with HSBC’s strategy and do not reflect the views of the senior leadership of HSBC or HSBC Asset Management,” he said.

    Nuno Matos, chief executive of wealth and personal banking at HSBC, said that he was “in complete agreement” with Mr Quinn and that “the transition to net zero is of utmost importance to us”.

    On Monday, HSBC declined to comment to the BBC on reports that Mr Kirk had been suspended.

    https://www.bbc.com/news/business-61519111

  19. Fast Eddy says:

    Since 2012, the ICRC has responded to tribal violence in PNG’s Enga, Hela and Southern Highlands provinces. In 2021, approximately 30,000 people were displaced by communal violence in the areas in which the ICRC operates. While this number is tiny in comparison to other places where the ICRC operates like Syria and Yemen, these fights have considerable effects on Highland communities.

    Tribal fights are brutal. The aim is simple – to destroy the enemy, mentally and physically. Fights generally take place in or around remote villages without access to medical assistance or law enforcement. By taking over the enemy’s land, the occupying party is better positioned during future peace and compensation negotiations. Unfortunately, the civilians who do not participate in the fights are the ones who bear the brunt of the violence. Many are wounded or killed during these intense battles. The Highlands’ limited access to healthcare only adds to the anguish. Regrettably, at times sexual violence occurs during these fights. On top of immediate needs, the impact of violence remains even after the fighting has stopped — fleeing villagers are often displaced for months or even years.

    For one, more than 50 percent of the nation’s population is under the age of 24. In the ICRC’s experience, the Highlands have an even higher proportion of youth. Few opportunities and limited employment in the region push many youths towards violence. Further, as PNG modernises, traditional cultural and tribal structures are rapidly changing. With more outside communications, traditional elders and leaders are losing their stabilising influence. Finally, the introduction of modern weapons and methods of warfare have led to more brutal outcomes.

    https://www.icrc.org/en/Tribal-Violence-Papua-New-Guinea

    A guy on our hockey team just left the NZ military – he did some stints in Papua as a peace keeper and said its crazy….

    I guess they don’t know about Koombaya? ripping faces

  20. Tim Groves says:

    Personal anecdote: Just a couple of hours ago I chatted with “a neighbor”, Mrs. I—a retired and active widow from the next village. Running low on topics to gossip about, I enquired about a man who helps out in her garden.

    “By the way, how is Mr. M?” I said.
    “Oh,” she replied, “he isn’t well. He has a problem, here,” she continued, raising her hand and patting what I took to be her left shoulder.
    “A problem with his shoulder? Or arm?” I asked.
    “No, with his heart.”
    “Oh, that’s too bad.”
    “He retired from work last year and bought an old farmhouse in the country where he can potter about. But now he is unable to exert himself very much.”
    “As bad as that? Has this heart condition been developing for some time? Does he have a history of heart problems?
    “Not at all. He was very fit. It came on very suddenly. He can’t walk a hundred meters without getting out of breath.”
    Oh, that’s not good at all. Please give him my best wishes. I hope he gets better soon….”

    Mrs. I, Mr. M and about 90% of the over-sixties in my area are normal COVID-fearing, MSM-trusting folk. They have been jabbed three times with the Unholy Sacrament, and I would never seek to undermine their faith any more than I would seek to badmouth the Enlightened one to a Buddhist, the Prophet to a Muslim or the Savior to a Christian. So I followed my default protocol of not saying a word on the subject.

    But behind my silence, I couldn’t help thinking that anecdotes like this indicate that vaccine-induced myocarditis is here in my neighborhood too. The spike proteins and the other toxins are hard at work and slowly and surreptitiously doing their mischief, and very few people notice it or investigate it or even mention it, let alone cite the jabs as the cause of any illness.

    • Jarle says:

      My friend’s 28 year old son: Chest pains after first “sacrament”, loss of strength and muscle pain after second, still on sick leave.

      • Fast Eddy says:

        A good number of my staff always book a day off when they have an injection planned… apparently they feel very ill after they poison themselves… The accountant just notified me she’ll be off tomorrow cuz Injection 3.

        I sit here shaking my head in disbelief. Hopefully UEP is in the final stages before enough of our staff is hospitalized due to VAIDS.

      • Jarle says:

        Edit: Still on sick leave since November 2021.

        • Fast Eddy says:

          Is mike on sick leave from OFW?

          And dunc(e)… he’s either injured, dead or waiting for the unvaxxed to start dying by the thousands so he can revisit his cull thesis… hahahaha… dying by the thousands… as if.

          And anna another Professional Vaxxer… big shout out to anna as well

          hallooooo … halllooooooo… anna… are you out therreeeee?

  21. Fast Eddy says:

    He’s incredibly optimistic!

    Time Stamp References:
    0:00 – Introduction
    0:44 – Hyperstagflation
    15:45 – Dollar Charts
    20:47 – Debt System Shift
    26:27 – Bretton Woods 2
    29:42 – HVF & Fear Trade
    35:30 – No Market Melt-up?
    38:30 – Fed Reverse?
    43:20 – Oil Overview
    50:49 – Gold & Silver
    55:45 – Bitcoin Downside
    1:00:37 – Miner Outlook
    1:08:02 – Diversifying Globally
    1:16:40 – Wrap Up

    Talking Points From This Episode

    His thesis on the dollar and equity markets.
    Why waiting for a ‘melt-up’ is dangerous.
    Dollars are the safe haven right now and be wary of equities.
    The next Powell pivot may take longer than most expect.

  22. Yoshua says:

    https://mobile.twitter.com/EnemyInAState/status/1527995154006786048?cxt=HHwWgIC-0ebfw7QqAAAA

    The monkeypox gene samples seems to show that the monkeypox originated from Nigeria. The virus then spread to Europe. Every European nation seems to have its own variant, but still close the Nigerian strain. The US variant seem to have a lot of mutations and perhaps a entirely new variant.

    DNA viruses are slow to mutate…so it seems the virus has spread from Nigeria some time ago and now have rodents as reservoirs in cities were new cases are popping up?

  23. Tim Groves says:

    This not to be missed! Ann Vandersteel’s recent interview with Dr. Zev Zelenko (29 m, 30 s).
    Zelenko is the man who two years ago clued Donald Trump into the efficacy of hydroxychloroquine (HCQ). In this talk, he recalls how he got involved in curing COVID-19 and how the Deep State’s minions have tried to shut him up, marginalize him and vilify him.

    He calls COVID-19 “a bioweapon” and “a weapon of genocide” and he speculates that the purpose of using it along with the official response to it is to cause a “global psychosis”.

    https://video.brighteon.com/file/BTBucket-Prod/hls/fd804834-db98-4487-b5a9-e5942a7f65c7.m3u8

  24. Fast Eddy says:

    Covid-19 Omicron outbreak: 6000 new Covid cases, nine virus-related deaths, 363 people in hospital

    https://www.nzherald.co.nz/nz/covid-19-omicron-outbreak-6000-new-covid-cases-nine-virus-related-deaths-363-people-in-hospital/F7BVNX5TGZ7N5J6XPTAE6EVUXY/

    Highly vaxxed pathetic australians with VAIDS hahahahahaha

  25. Fast Eddy says:

    1:06:00 markish https://gettr.com/streaming/p1ag8ky4933

  26. Fast Eddy says:

    dancing plague of 1518, event in which hundreds of citizens of Strasbourg (then a free city within the Holy Roman Empire, now in France) danced uncontrollably and apparently unwillingly for days on end; the mania lasted for about two months before ending as mysteriously as it began.

    https://www.britannica.com/event/dancing-plague-of-1518

    Glitch in the simulation (matrix)?

  27. Fast Eddy says:

    Pennsylvania’s Fetterman Released from Hospital after Stroke – Another Jab Victim?
    The media do not spot the elephant in the room, as per usual.

    “Pennsylvania’s Fetterman released from hospital after stroke“ (The Canadian Press, 2022.05.22): “Fetterman, 52, won the Democratic nomination while in the hospital, easily beating U.S. Rep. Conor Lamb, just hours after undergoing surgery to implant a pacemaker with a defibrillator to help him recover. Fetterman has said the stroke was caused by a heart condition called atrial fibrillation.“

    And what was the said heart condition caused by? Surprise-surprise!

    https://live2fightanotherday.substack.com/p/pennsylvanias-fetterman-released

    Fetterman quoted as saying as he gasped for life … ‘It would have been so much worse without the boosters’

  28. Fast Eddy says:

    https://www.zerohedge.com/markets/rockstar-energy-creator-buys-utah-fortress-style-mansion-396-million

    Let’s say he’s got half a dozen security people in place… ah… call it a dozen…. UEP fails… power goes off… permanently.

    He’ll have some big diesel tanks to power the generators… enormous amounts of tasty food in the underground pantry(s) … thousands of bottles of fine wine…. he probably had a doomie prepper consultant help with the entire set up – he’s got everything you need …

    So the internet is gone – no tee vee… outside the compound it’s sinister darkness….

    Let’s assume Fast Eddy .. is head of security … Fast did time as a commando group leader in The Ghan… ran security for the Green Zone in Irack…. then helped push Biden around in a wheelchair but tired of smelling the old goats stale piss and shit so quit and took this gig with Russell.

    Here we are in the Fortress… and Russell says to Fast… Fast … can I get you to fetch another bottle of Champagne from the cellar and tell the cook to make me a snack….

    Fast looks at Russ …. has a bit of a chuckle…. grabs him by the scruff of the neck and marches him towards the back door… Russ squeals like a bitch .. how dare you! as he tries to resist…

    But Fast has a grip of steel (Fast shoots a lot of steroids to maintain that tough as nails look even into his mid 50s)…. and Russ flails like a rag doll….

    Fast opens the door … kicks Russ in the arse then flings him down the stairs — and says — I think I’ll have that bottle of Champagne now — and a snack…. and informs the door guards to escort Russ out the main gate and lock it tight.

    This is the dilemna of the uber wealthy should UEP fail and we enter Ripping of Faces ….

    The Elders are in the same boat as Russ… only worse… they ’caused’ the starvation … they will suffer badly if captured

  29. Fast Eddy says:

    Of course they are! hahaha… https://t.me/TommyRobinsonNews/35900

  30. Fast Eddy says:

    Looks pretty good for a dead man https://t.me/chiefnerd/3624

    Belgium has become the first country to introduce a mandatory quarantine for people with monkeypox.

    https://metro.co.uk/2022/05/22/belgium-introduces-21-day-quarantine-for-all-monkeypox-cases-16687801/

    Monkeypox PCR tests now.

    https://www.itg.be/E/Article/institute-of-tropical-medicine-now-conducting-its-own-monkey-pox-pcr-tests

    A fleet of electric London buses go up in flames today.

    https://www.express.co.uk/news/uk/1614242/London-bus-explosion-electric-bus-battery-pack-fire-latest-update

    • T.Y. says:

      I’m from Belgium. I can report that all the usual suspects (TV virologist Van Ranst, largely responsible for COVID fearmongering, promoting the lockdowns & jabs and his companion Federal Health Minister Frank Vandenbroecke) have already jumped on this.

      VR mentioned that most people above 50 have been vaccinated and that they think it is the more mild west-african variant however when asked if this is off the same caliber as Corona; “Let’s hope not. It is still early days and in the beginning of Corona we also tought we would b rid of it in a few weeks. We have to be carefull. We haven’t seen this yet on this scale. This is unknown terrain.”

      There goes the fearmongering again. Soon to be followed-up with a request for all young people to take yet another jab probably.

      From Wikipedia (https://en.wikipedia.org/wiki/Frank_Vandenbroucke_(politician)):

      “…….In 1995 Vandenbroucke had to resign as foreign minister[4] and in 1996 he also resigned from parliament due to his involvement in the Agusta scandal. He acknowledged that he was confronted with two million francs which came as bribery money from the Italian helicopter builder Agusta.[5] Refusing to have anything to do with the money, he advised to “have the money burned”.[4] Vandenbroucke was never prosecuted but took a voluntary sabbatical at Oxford (1996–99)……”

      “…..After being ten years out of politics on 1 October 2020 on behalf of Conner Rousseau, Vandenbroucke joined the De Croo Government as Deputy Prime Minister and Minister of Health and Social Affairs. He was unelected, as he did not appear on any voting lists….”

      He was not prosecuted and the media never made any big deal out of the fact that he is essentially unelected. He proceeded the implement the lockdowns & jabs….Crying on camera for the ‘disastrous situations’ in the hospitals…. If at this stage you don’t realize that there is a high likelyhood that these people are 1000 % paid for (100% by Belgian tax payer and probably at least 9 x that amount by other interests)….what can i say anymore ?

      FE is right: 90+% are MOREONS.

  31. davidinamonthorayearoradecade says:

    http://thesaker.is/germans-schwedt-hard-for-russian-oil/

    Schwedt Refinery in Germany is doomed if Russian pipeline oil deliveries are banned.

    but relax, don’t schwedt it.

    • Tim Groves says:

      That’s a fairly long article. Here’s a juicy excerpt from the ending:

      Some may think that refinery feedstocks are like dog food, even interchangeable. Not true. Refineries are very closely matched and subtly calibrated/configured to very specific feedstocks difficult and time-consuming to substitute. Changes can and have been made but it requires lots of effort, money, dedicated facilities, experimentation, mistakes, trial & error, specific expertise, risk, and most importantly fixed, unchanging new feedstocks always complying with specs. Substituting the quality and humongous quantity of Russian oil feeds has never ever been attempted. This means that Russia today supplies Europe with exclusive Urals grades of very precise and constant homogenous physical & chemical characterization that would be impossible to get from third parties fast enough and cheap enough in continuous enormously large quantities from different reservoirs wherever. So it’s a very delicate and tight matching already achieved between Schwedt and the Russian Urals blend, that most probably cannot be substituted.

      Banning Russian oil means many things. Some are known to require — among other things — time, money, expertise, human resources, etc.etc. But some others are unknown and very complex. For example, finding many new different oils – from many new unproven vendors – that collectively and in a coordinated fashion ( ?? ) would constantly offer into the future — rain or shine, come hell or highwater — the very same homogenized profile of delivery, quality, quantity, price, service and enlargeability of feedstocks that Russia has reliably provided Europe for decades at low cost. Anything less and Europe will no longer be or perform or deliver as we know it. Skeptics please easily find the 6 (six) criteria that such oil feedstocks mandatorily need to meet at Ref #11. Europe and Germany have been forewarned. They better know what they are doing.

  32. Fast Eddy says:

    As the numbers of vaccine injured and long covid sufferers rise after taking injections of pharmaceutical products that long ago met the FDA’s death and injury threshold for declaring a drug too dangerous for public consumption, all too few physicians are effectively addressing their devastating health issues. Dr. Syed Haider, who treats these patients, explains what he’s used that works, which in some cases includes Ivermectin, that has shown to be very effective.

    https://thewhistleblowernewsroom.podbean.com/e/the-whistleblower-newsroom-dr-syed-haider-healing-vax-injuries-and-long-covid/

  33. davidinamonthorayearoradecade says:

    https://www.cnbc.com/2022/05/21/electric-vehicle-prices-rise-at-tesla-rivian-gm-and-other-carmakers.html

    “Automakers are jacking up prices on electric vehicles to bake in rising materials costs”

    remember, USA.gov says to buy an EV if you don’t like record high gasoline prices.

    (side note: it’s funny how nobody writes anymore that voting Republican means the average citizen is voting against their own self-interest. Might have something to do with record high gasoline prices.)

  34. Fast Eddy says:

    monkeypox testing
    that’s bananas

    wow you guys, the rapid tests are already available!

    they sure don’t mess around with this “warp speed” stuff, do they?

    jeez.

    https://boriquagato.substack.com/p/kitten-corner-monkeypox-testing

    And the MOREONS go on chewing grass and mooing – Monkey Boosters?

    F789ing ID iots

  35. Fast Eddy says:

    Sars-Cov-2 was Lab Made Under Project DEFUSE
    Sars-Cov-2 is a Result of Years of Documented Scientific Work

    This long article will explain how Sars-Cov-2, the virus that causes COVID-19, was created as a result of intentional laboratory work. It will also show that the blueprint for Sars-Cov-2 was described in the “Project DEFUSE” proposal by Peter Daszak, which was preceded by years of relevant lab work and virus manipulation.

    I intend this to be a comprehensive “popular science” style article, that has references and abundant links but is generally understandable for regular science-minded people, like journalism or computer science majors.

    This article does not introduce any new ideas and is instead meant to be a summary of accumulated knowledge about “lab origin”.

    I do not set out here to investigate or debunk the coverup efforts to hide the lab origin of Sars-Cov-2. These coverup efforts involve scrubbing data, as well as promoting a so-called “zoonosis theory”, which is pushed by the NIH, EcoHealth Alliance, and its funders and acolytes. I will simply lay out laboratory-designed features of Sars-Cov-2 and will highlight past research where such features were first discussed prior to 2020. This article is non-judgmental and sticks to facts.

    My hope is that reading this article will make you want to send it to your smart friend, who will be able to understand it and will become convinced that “lab origin” is not “baseless misinformation”.

    https://igorchudov.substack.com/p/sars-cov-2-was-lab-made-under-project?s=r

    As norm desperately smashes the DELETE button….

    • The article puts together a lot of pieces of the story of how the Sars-Cov-2 was made.

      Not coming from a medical background, this would be beyond me to describe to someone else, however. I am sure many other writers have the same difficulty. That is perhaps why the story doesn’t get out.

  36. Fast Eddy says:

    Is Lack of Sunlight a More Likely Culprit?

    Despite all the bad press linking sun exposure to skin cancer, there’s almost no evidence at all to support it. There is, however, plenty of evidence to the contrary. Over the years, several studies have confirmed that appropriate sun exposure actually helps prevent skin cancer. In fact, melanoma occurrence has been found to decrease with greater sun exposure, and can be increased by sunscreens.

    One of the most important facts you should know is that an epidemic of the disease has in fact broken out among indoor workers. These workers get three to nine times LESS solar UV exposure than outdoor workers get, yet only indoor workers have increasing rates of melanoma — and the rates have been increasing since before 1940.

    There are two major factors that help explain this, and the first has to do with the type of UV exposure.

    There are two primary types of UV rays from sunlight, the vitamin-D-producing UVB rays and the skin-damaging UVA light. Both UVA and UVB can cause tanning and burning, although UVB does so far more rapidly. UVA, however, penetrates your skin more deeply than UVB, and may be a much more important factor in photoaging, wrinkles and skin cancers.

    A study in Medical Hypotheses suggested that indoor workers may have increased rates of melanoma because they’re exposed to sunlight through windows, and only UVA light, unlike UVB, can pass through window glass. At the same time, these indoor workers are missing out on exposure to the beneficial UVB rays, and have lower levels of vitamin D.

    Researchers wrote:

    “We hypothesize that one factor involves indoor exposures to UVA (321–400nm) passing through windows, which can cause mutations and can break down vitamin D3 formed after outdoor UVB (290–320nm) exposure, and the other factor involves low levels of cutaneous vitamin D3.

    After vitamin D3 forms, melanoma cells can convert it to the hormone, 1,25-dihydroxyvitamin D3, or calcitriol, which causes growth inhibition and apoptotic cell death in vitro and in vivo.

    … We agree that intense, intermittent outdoor UV overexposures and sunburns initiate CMM [cutaneous malignant melanoma]; we now propose that increased UVA exposures and inadequately maintained cutaneous levels of vitamin D3 promotes CMM.”

    To put it simply, UVB appears to be protective against melanoma — or rather, the vitamin D your body produces in response to UVB radiation is protective.

    https://archive.ph/54ZkP#selection-807.0-839.314

    • Interesting!

    • Tim Groves says:

      Whenever I have time and the weather permits, I lie naked (but never nude—because that would be rude and crude, not to mention lewd) except for a pair of 99% UV-cut sunglasses on my roof deck to soak up the sun while listening to music.

      The quality of the sunlight that reaches my skin varies greatly according to the amount of haze and humidity and the elevation of the sun at the time. But on average, in March or April I might toast myself for 15 or 20 minutes on each side, while in May I might do it for ten minutes each for front and back.

      July and August are the “hot” season here, and I avoid full body exposure at that time because the ambient temperature is already so hot that the additional sunshine I received would bring on heat stroke. You wouldn’t have that issue in NZ’s South Island, where I expect that days hot enough for people to want to avoid the sun are rare.

      If you “listen” to or monitor your body when sunbathing, you can “hear” or feel if it is getting beneficial amounts of sunshine or if it is getting too much. The skin, in particular, starts to “sting” when it is had enough and tells you, “no more UV for me today, thanks!”

      My understanding is that, besides protecting us against cancer, maintaining our vitamin C levels and generally sterilizing our skin of all kinds of germs thanks to its UV component, sunlight also includes a lot of IR that penetrates the body and provides energy for many metabolic processes. For instance, I read recently that the mitochondria rely on IR to synthesize melatonin and they don’t work efficiently without it.

      This exposure to infrared light is why people love to soak up the sun or to sit in front of a real fire. The body feels it is good for us because it is. And this in turn is why being warmed by an air conditioner or central heating or a radiator or a kerosene stove is a less satisfying experience than sitting in front of an open fire or a wood/coal-powered stove.

    • This is a very fine post.

      The vaccines that fixate on the Wuhan version of the virus create “Original Antigenic Sin.” The Omicron version of the virus in particular is very different from the Wuhan version of the virus. The herd immunity to the wrong thing creates a major problem, when it comes around.

  37. Fast Eddy says:

    If Fast Eddy had time HE’D run course on how not to be a MOREON. But HE has not time

  38. Fast Eddy says:

    Let’s revisit this after watching Trozzi… this is the article I found when we were told a covid vaxx was imminent… and I wanted to find out what happened when they tried to make a vax for SARS (another coronavirus).

    FIFTEEN OR 20 years to create a new vaccine is considered quite speedy. So the federal government’s blueprint for a shot to stop the SARS epidemic in a mere three years seems positively head-snapping.

    https://www.wired.com/2003/05/feds-race-to-make-sars-vaccine/

    I passed this to a few Pro Vaxxers…they ignored it… one has a permanently damaged body because he ignored it…

    Ya cuz to go to restaurants and on vacation hahaha… why not inject an experiment – no harm … right mike … hahahahahaha It’s actually quite easy not be a MOREON… if you are not a MOREON

  39. nikoB says:

    I am not sure if this has been linked to already.
    It is a good talk.
    Simon is quite frank that not only is a energy situation bad but our mineral situation is in very bad shape.
    Worth the listen.

    • Herbie R Ficklestein says:

      Just watched a program on Cable that showed how aluminum is melted at the foundry.
      The point in the video was if we lined up all the aluminum can made in one year, they would circle the SUN three times, right 3Xs!!!!

      That’s crazy!!!.

      • nikoB says:

        Also if the electricity goes off for more than 4hrs with most plants the cooling chemically changes the electrolyte mix and it is riuned. It will then take months to restart a new one.

    • Fast Eddy says:

      He suggests we can move from a 19 terawatt world to one around 10 TW – which is sustainable/feasible.

      Lost interest….

      • nikoB says:

        actually further on he says we will be lucky to get a 5TW. He sees collapse being fairly unavoidable. I think he even erodes Nate’s thinking that this is going to be worse than he is hoping it will be.

        Again the info is interesting when he talks about interfacing with his Finnish bosses and asking them exactly how they intend to get the resources for nukes or green energy.

    • I know that Nate Hagens comes from a fairly “happily ever after” view of things, which he can provide to college students and legislators. Simon Michaux provides a view that is a lot closer to “tell it like it is.” I will have to find time to listen to this to see how the two resolve their differences.

      • Fast Eddy says:

        If the word extinction isn’t in the title I struggle taking these people seriously

      • Fast Eddy says:

        foremost, it means that now if there is a mutation that finds a way to take advantage of this specific fixation it has a HUGE cohort to infect.

        what might previously have been 2-5% of population at risk is now 70-90%. and that changes everything. now, one bad throw of the evolutionary dice and you have an instant pandemic where none was possible before.

        welcome to the high stakes covidian crapshoot.

        you saw how quickly omicron chased the vaccination campaigns. my strong suspicion is that this was not a coincidence. it was driven BY the selective pressure of the vaccines that took what looks to be a throwback variant that did not evolve from delta but rather diverged from it all the way back at the original pre-alpha ancestor and surged it to sudden global prominence.

        the emergence of such variants is inherently a function of underlying mutation rate of the virus (which is high in covid strains) times the number of potential hosts and if the “win” state for virus is the same in all those hosts, then, in effect, all the labs are working on the same problem. you’ve effectively crowd sourced it to 70-90% of the population.

        then some mutation chances on a high replication strategy and it goes like wildfire because so many are similarly susceptible.

        so you you get a sort of “perfect storm.”

        https://boriquagato.substack.com/p/homogenizing-herd-level-antigenic

      • Fast Eddy says:

        hahahahaaha… Two shots for summer bro… for be free and eat pie… mike? are you there … mike?

        you have far more hosts in which to have random chances occur, all selecting for a mutation that attacks one specific weakness and that weakness is in most of the population, so once it’s out, there is no stopping it.

        ouch.

        and if this fixation prevents the hosts from developing strong new immunities based on these novel pathogens, this becomes iterative. you get wave after wave of pandemics until you wipe out the susceptible population.

        boosters won’t help, they certainly have not so far. they may well make it worse and drive further fixation. you really cannot live in a constantly immuno-activated state in any event. it’s not good for you and the side and adverse effects will really pile up.

        new vaccines may not work either. if an actual pathogen cannot drive immune adaptation, there is little reason to suspect that a vaccine can.

        this could be a devilish issue with no solution that seems obvious (at least to me).

  40. Fast Eddy says:

    Here is the third of five short videos to explain how the forced covid injections damage their victims’ immune systems, rendering them more vulnerable to: coronaviruses and other infections, as well as cancer. Knowledge is power. In this third video I explain Antibody Dependent Enhancement: a process whereby the antibodies produced in response to the covid injections paradoxically empower coronaviruses to cause more severe infections with higher mortality rates.

    https://drtrozzi.org/2022/05/21/how-the-covid-vaccines-cripple-the-immune-system-part-3-of-5/

    hahaha… 20% – 100% of animals died… from a cold…. AFTER receiving MRNA vaccines… hahahahahaha… this is hilarious… ADE ADE AIDS!!! VAIDS….

  41. Fast Eddy says:

    America’s Slaughter By Vaccine hahaha https://t.me/PeterMcCullough/959

  42. Fast Eddy says:

    Hong Kong is just starting the 4th shot … stay tuned for more deaths

    https://twitter.com/TexasLindsay/status/1528031116824911872

  43. Fast Eddy says:

    New York Post (https://nypost.com/2022/05/21/runner-dies-at-brooklyn-half-marathon-finish-line/)

    Runner dies at Brooklyn Half Marathon finish line, 15 others taken to hospital

    hahaha… it’s a run of attrition

    • Lastcall says:

      “It was brutal,” she said. “As a back of the pack runner, that last five miles were really rough. There’s just no shade anywhere. It was definitely one of those days where you have to slow down.

      Interesting. A lot of towns/small places where I drive have seen medium to large shade trees removed along main thoroughfares. I have seen commentary that 5G is powerful over short distances but easily disrupted by line of sight obstacles.
      Newer suburbs have such small sections and narrow streets that there is no chance that large trees will ever grow. But these are older towns where the trees are no obstacle to cars or pedestrians; and its like a sudden brutal new haircut for these once enjoyable promenades.
      Maybe we will get some ‘trees’ made of recycled/upcycled plastic if we behave.

  44. Fast Eddy says:

    Food Insecurity & Climate Change Analyst, Sara Menker, Warns the UN Security Council That the World Has Just ’10 Weeks’ of Wheat Supplies Left

    https://rumble.com/v15pu9p-food-insecurity-and-climate-change-analyst-warns-world-has-just-10-weeks-of.html

    • Ten weeks of wheat supply sounds very worrying. I think that she said that the level was the worst since 2007-2008, but growing conditions were better then.

  45. Fast Eddy says:

    The infamous Wuhan Lab recently assembled a monkeypox virus genome, allowing the virus to be identified through PCR tests, using a method researchers flagged for potentially creating a “contagious pathogen”

    The study was first published (https://www.sciencedirect.com/science/article/pii/S1995820X22000414) in February 2022, just months before the latest international outbreak (https://www.cnbc.com/2022/05/20/world-health-organization-confirms-80-cases-of-monkeypox-with-outbreaks-in-11-countries.html) of monkeypox cases which appear to have now reached the United States.

    https://thenationalpulse.com/2022/05/22/wuhan-assembled-monkeypox-strains/

  46. Fast Eddy says:

    30-Year-Old Marathon Runner Dies of Possible Cardiac Arrest in NY

    https://rumble.com/v15pd15-30-year-old-marathon-runner-dies-of-possible-cardiac-arrest-in-ny.html

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