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. Fast Eddy says:

    Fox News: John Roberts Breaks The Silence About Vaccine Injuries

    Roberts should be congratulated for his courage. He’s gambling with his network contract. What’s even more incredible is that over 4,000 people who follow the ex-White House correspondent actually commented on his post — and that’s about 3,950 more than usual.

    It’s hard to overstate the sheer scale of the tragedy contained in these comments.

    https://emeralddb3.substack.com/p/fox-news-john-roberts-breaks-the

    Question – why is his account not suspended?

    • Lastcall says:

      One of the comments from down the list….
      ‘……. and despite their ill health and repeat Covid infections since being vaccinated, still actively defend their choice to be vaccinated and don’t want to be around me since I am unvaccinated. Being vaccinated has become a cult! Even people who have lost loved ones after they were vaccinated, refuse to acknowledge any connection between the vaccine and the destroyed health of their loved ones!’

      Cult mentality is easy to see in the Dunk Idaknows’, Spikes, and Norms, and whats-her-face who has disappeared into injection oblivium….
      Adherence to menadacious Govt lies, deflection, weak humourless jibes…

      ‘The group’s coherence is maintained by the observance to policies handed down from those in authority.
      There is an internal enforcement of policies by members who reward “proper” behavior, and those who perform properly are rewarded with further inclusion and acceptance by the group.
      https://carm.org/about-religions/what-are-some-signs-and-practices-of-a-cult/

      Similar to the Green New Deal groupies; impervious to real world data, cling to make-believe numbers.

    • 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.
      Gail Tverberg says:

      It is bad when every single news outlet seems to be taking money to tell the wrong story, even Fox News!

  2. Tim Groves says:

    “Hyper-Mutated” Monkeypox Strain Predicted in 2021

    Twindemic? “Coincidental” 2021 bioterror exercise focused on a vaccine-resistant strain of monkeypox.

    https://wholistic.substack.com/p/hyper-mutated-monkeypox-strain-predicted?

    In March of 2021, NTI “partnered with the Munich Security Conference (MSC) to conduct a tabletop exercise on reducing high-consequence biological threats.” Here is the exercise scenario in a nutshell:

    Developed in consultation with technical and policy experts, the exercise scenario portrayed a deadly, global pandemic involving an unusual strain of monkeypox virus that first emerges in the fictional country of Brinia and eventually spreads globally. Later in the exercise, the scenario reveals that the initial outbreak was caused by a terrorist attack using a pathogen engineered in a laboratory with inadequate biosafety and biosecurity provisions and weak oversight. The exercise scenario concludes with more than three billion cases and 270 million fatalities globally. As part of the scenario development process, NTI conducted a virtual consultation with experts in December 2020.

    • Fast Eddy says:

      Of course all the deaths will occur in Covid Vaxxed because they have compromised immune systems (i.e. they are f789ed)….

      Now this would be a fantastic and highly amusing outcome!

      I do like how they choice monkey pox as the kill trigger… it’s almost as good as MOREON Pox…

      Same impact as Devil Covid if this is the plan… either way I win.

    • MM says:

      Terrorist attack “from” a labratory:
      How should Al Shabab in Somalia come up with a virus from a BSL-4 when some C4 or rounds of AK47 paid with Khat suits them much more?

      Who has poured in Billions of money to fund for research for “securing the population” in the first place ? Publishing articles, patents, genebanks, senarios ?

      Ah, I understand, that is what you mean by philantropy.

    • 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.
      Gail Tverberg says:

      All we need is another lab cooked up virus! /sarc

      • Fast Eddy says:

        Do I need to update UEP?

        Recall Yeadon’s Theory was that the injections would wreck the immune system… causing a lot of deaths and bad health… but how could he foresee the introduction of a ‘Devil Disease’ like Hyper-Monkey Pox ….

        Something that is not a problem for those who have functioning immune systems … but for those who have destroyed their immune systems …. does this HMP have a field day with these CovIDIOTS?

        Again – it would play into the Final Solution – which is starvation …. hundreds of millions die from the HMP.. huge numbers very sick — hospitals stop functioning .. supply chains totally seize…

        Would you step outside when you know HMP is out there — in the dark — waiting to infect you?

        Keep in mind there will be lots and lots of rotting bodies out there in the dark too — nobody will collect them….. and just like in Rwanda the dogs Will Be Feasting on the flesh…

        A rather horrifying conclusion to the UEP… but hey … this is a lot better than Ripping Faces… there will be very minimal violence… certainly no rape — even that SI Swimsuit model you had your eye on (not the fat one) might be infected… EU….. and definitely no cannibalism…. you’d rather starve than risk eating someone who is harbouring HMP…..

        No one ever said exterminating 8B predators was going to be an easy thing….

        I do hope we get all out nuclear war — The End of World Fire Works Show — I betcha they’ll drop missiles into every spent fuel pond on the planet….

        I am so pleased to be around for this … I always wanted to go out in a Blaze of Glory… better than rusting away….

    • 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.
      Gail Tverberg says:

      Don’t believe Canada’s numbers. I suggested this, when they showed the amazingly good numbers for the unvaccinated, also.

  3. Fast Eddy says:

    EdwardDowd, [5/25/2022 11:40 AM]
    Watch minute 12-25. 4-5 million barrels of oil about to come off market semi-permanently. Food prices set to double again as well. This man comes recommended by hedge fund friends.

    https://youtu.be/qWyhKobyM68

    @DowdEdward

    If hedge funders were interested in the true situation they’d subscribe to Fast Eddy’s UEP newsletter… and they quickly see how pointless what they are doing is … and retire…

    Hedge Funders are as clueless as Delhi trash collectors with respect to what’s coming down the pipe

    • MM says:

      I am sure a Dehli trash collector can distinguish valuable scrap very well!

    • 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.
      Gail Tverberg says:

      I recommend the section of the link mentions, particularly minute 12-25.

      The video is a Peter Zeihan video, talking about the risk in the next two months to Russian oil supply. Basically, if the oil supply is stopped, it cannot be restarted in any reasonable time frame. There are several reasons why Zeihan sees stoppage is likely. Partly it relates to fighting in the Black Sea, and also the possibility of blockage through the isthmus at the exit to the Mediterranean. He also thinks that oil pipelines through Ukraine may be blown up by one side or the other. There is much more to it, as well.

  4. Fast Eddy says:

    Once again … it’s all a stage…

    As if he’d be able to resist if this was real… he is playing a role

    Gov. DeSantis Tells Globalists Where To Stick It: ‘This WHO Thing, That’s Not Going To Happen. No Way’ [VIDEO]

    https://www.redvoicemedia.com/2022/05/gov-desantis-tells-globalists-where-to-stick-it-this-who-thing-thats-not-going-to-happen-no-way-video/

    • 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.
      Gail Tverberg says:

      The article starts:

      Due to the COVID-19 pandemic and how numerous governments reacted, the Biden administration is currently supporting the idea of a ratification of the “global pandemic treaty.” For those who might not know, the new treaty, if adopted, would “give the W.H.O. tremendous increases in power and funding, transferring much of the authority for pandemic control from member nations to the U.N. agency.” While many have voiced their concerns about allowing the World Health Organization such power over entire nations, Florida Governor Ron DeSantis declared that the Sunshine State would never support such an agenda.

  5. Fast Eddy says:

    My sources tell me that the person on the CovCON PT Team who came up with this nonsense has been promoted to team leader:

    Xi’s Covid Policy Crosses a Line With Invasive Home Disinfection
    Residents question legality, science of sterilizing apartments as President Xi Jinping’s pandemic policy meets waves of resistance

    President Xi Jinping’s punishing Covid Zero policy has angered Chinese citizens by invading the one place they’ve retained some small bit of privacy: their homes.

    A video of “Big White” hazmat pandemic enforcers dousing disinfectant over an apartment in the eastern Chinese city of Xuzhou — even emptying the refrigerator for sterilization — sparked outrage on China’s Twitter-like Weibo. The clip was shared 50,000 times and clocked 10 million views before being censored.

    https://www.bloomberg.com/news/articles/2022-05-24/xi-s-covid-policy-crosses-a-line-with-invasive-home-disinfection?srnd=premium-asia

    • D. Stevens says:

      I thought it was widely understood c19(if real) is airborne/aerosolized and not spread by surfaces? Why are these people with backpack foggers still wandering around spraying sidewalks and now your refrigerator? So strange. I consider this evidence something is amiss.

      • Fast Eddy says:

        Remember the big trucks spraying the highways in China 2+ years ago…. I guess they thought that pavement was infected — and that people might lick the roads…

        Or maybe they wanted to instil hyper fear in everyone.. terrorize them… so that when they launched Warp Speed the MOREONS would rush to be injected with an experiment.

        It worked really well!

  6. Fast Eddy says:

    We might be able to catch Elon’s eye … hahahahahahaha…. they are completely clueless….

    Alright Clandestine Army, here is the tentative plan. Let me know what you think. This is going to be an ongoing discussion until we work the kinks out, and then when we are all in position, we can begin operations.

    MISSION BRIEF

    Situation:
    -In our current position and lack of cohesion, we are ineffective at penetrating left-wing and mainstream echo chambers.
    -Many revelations on the geopolitical landscape are quickly coming to fruition and the normies need to be confronted with this reality. Biological weapons network, Durham, Etc.
    -The normies are in a highly vulnerable state as we now have the advantage with the bot farms being cleaned up and inorganic algorithm manipulation being monitored, which makes the battle for public perception a more level playing field.

    Mission/Execution:
    -We will collectively infiltrate Twitter (I will provide a tutorial on how in a separate post). And organize for coordinated operations to manipulate Twitter’s algorithms and penetrate left-wing echo chambers with censored truth they aren’t normally exposed to.
    -We will use Telegram as home base for marching orders, and execute operations in unison on Twitter with timed tweet storms to sway public opinion and perception.
    -We will use the same techniques the Deep State used; coordinated hashtag usage, algorithm manipulation, brigading. Only we will be doing it with actual people and truth, as opposed to bots and lies.
    -With the coming of damning information, we need to organize and make sure the left-wing media complex cannot continue to omit truth from the People, which alters elections and distorts perception of reality itself.

    Communications:
    -The @ClandestineArmy Telegram Channel will be the source of coordinated orders and discussion of ongoing and future missions.
    -I will provide a variety of different marching orders for us to carry out via Twitter. Many will be time specific so we can act in quick succession to avoid banning or admin manipulation as well as to spike the trending algorithms to get more eyes on.
    -The objective is to wake up normies with these coordinated tweet storms. The communications will be fluid and operations constantly ongoing.

    Service/Support:
    -As of now, we have no external support. In fact all the odds are stacked against us, but if these efforts make enough impact, we might be able to catch Elon’s eye, or other high profile individuals, and with exposure continue to expand the operation.

    Risks—Concerns:
    -Massive problem, there a bunch of liberal shills and ADL/WaPo neckbeards who follow my every move and get notified every time I post. They are reading this right now and are already trying to figure out how to stop me. And as soon as I broadcast what my Twitter handle is, they are going to mass report me and try to shut me down. So there is a real possibility I won’t be able to have a Twitter account as of now, but I can still relay messages to you all here for you all to carry out the mission on Twitter.
    -They will also be able to see our game plans and they will attempt to use this information to subvert the operations. I’m not sure how they could besides reporting us, but it’s something to note. Which is why speed and timed attacks will be imperative to a successful operation.
    -Twitter is still run by left-wingers as of now, so many of us will get banned or deleted. But if you use my methods for creating a new account (details later), we all should be able to lay low and avoid metadata surveillance and easily make another account and try again.

    Collaborate:
    -How do you see your role in this mission? Do you as an individual think this is a good plan? Something you would be willing to try?
    -What other pieces of information do you have to contribute to the plan? Do you have any alternative suggestions or additions?
    -What concerns do you as an individual have with the plan?

  7. Fast Eddy says:

    “U.S. traffic deaths soar to highest total in 16 years” (but don’t expect the government, or media, to tell us WHY)

    Drivers worldwide have been “suffering medical episodes” that turn them, and their vehicles, into deadly weapons

    https://markcrispinmiller.substack.com/p/us-traffic-deaths-soar-to-highest

    • Rodster says:

      See, I know what you’re thinking but these accidents and medical episodes while driving an automobile are STRICTLY coincidences. They are NOT are not vaccine related because we now know they are safe and effective.

      • Fast Eddy says:

        I wonder where mike is…. hate to obsess on this

      • drb753
        drb753 says:

        you should not be driving while vaccinated.

        • Xabier says:

          Irony in this, in that in the UK celebrities were recruited for the purpose of stigmatising the un-vaxxed for acting ‘like reckless drunk drivers’……

          We’re now in one of the circles of Hell which Dante for some reason over-looked, the one where everything is reversed in order to drive people quite mad.

  8. Fast Eddy says:

    hahahahaha https://t.me/c/1588731774/11805 I’d be interested to go just to see who goes to something like this with their kids…. surely there must be people attending

  9. Fast Eddy says:

    Damn…I almost thought he was gonna ask why the shooters are not going after the right people … so disappointing https://t.me/chiefnerd/3652

  10. Tim Groves says:

    Brett and Heather discuss the shenanigans that went on in the MRNa COVID-19 vaccine trials.

    Nothing shocking here—just an analysis how the methods employed departed from best scientific practice. (11 min, 38 sec)

    • 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.
      Gail Tverberg says:

      THanks! I remember the article showing how the mRNA vaccines showed much higher all cause mortality than the non-mRNA vaccines.

  11. https://www.cnbc.com/2022/05/24/oil-markets-recession-consumption-oil-supply-china-stimulus.html

    Biden’s puppeteers might actually stumble into a correct decision and halt US diesel exports?

    “Prices fell on Tuesday after U.S. Energy Secretary Jennifer Granholm said U.S. President Joe Biden had not ruled out using export restrictions to ease soaring domestic fuel prices.”

    a total EU ban on Russian oil?

    “Prices earlier were supported as the European Union moved closer to agreeing to a ban on Russian oil imports. Such an embargo is likely to be agreed to “within days,” Germany’s economy minister said on Monday.”

    yes, hurry!

    the EU should ban ALL immmoral Russian oil IMMEDIATELY!

    because it’s the RIGHT thing to do!

    do it now!

    be moral, have courage!

    • drb753
      drb753 says:

      Restrict diesel exports, lose Europe. The blanket is too short and for the US it is a matter of choosing whether the head is cold, or the feet.

    • 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.
      Gail Tverberg says:

      We can’t ban diesel exports to Canada. We get the heavy oil from them that allows us to make the diesel in the first place! I haven’t checked, but I would imagine we export some of it back to Canada. Canada doesn’t have a lot of heavy oil refineries.

  12. CTG says:

    Is it only me or it is happening? The quality of trolling has dropped dramatically across all platforms where commenting is allowed

    • here, the “quality” of trolling has been poor for a long time.

      Biden won with massive amounts of fake ballots.

      the vaccines are totally ineffective against the omicron variants.

      etc…. these are true and backed factually.

      and the trolls around here:

      they blah blah blah strawmen and dodge the CONTENT of supporting links, as if that is enough to build their case.

      yes, the trolls here are poor quality.

      er…

      if you meant “quantity” that’s a different story?

    • Tim Groves says:

      The trolls will be back in the buildup to the US midterm elections, or if needed to support the narrative for the next scamdemic or or major war. At the moment, they are not needed and so they are resting and spending their hard-earned shillings.

      Meanwhile, here’s some security footage showing how they get their next assignment, should they choose to accept it.

      • CTG says:

        Misison Impoosible…. nice… no seat belts, no masks, no mandates, no wokeism, no LGBTQ, no extreme propaganda, pro family values and I think very few moreons.

        I think that is the peak of modern human civilization. It is downhill from then onwards.

        • Rodster says:

          The best time to be alive and I was growing up as a kid during the 60’s. The golden age of television. Don’t forget Mannix the TV show.

      • Student says:

        Let’s focus a little bit on Tim’s irony. Great 🙂

    • Fast Eddy says:

      mike may not be dead or maimed… he may have been fired… for failing to meet his quota…

    • MM says:

      If you consider the idea of 2 versions of the matrix running on the same Host core platform, I could imagine some sort of Jitter….

  13. Rodster says:

    I totally agree with the following and it’s what David Icke told Chris Martenson. Instead we have people believing governments actually care about its people. We saw hypocrite Boris Johnson demanding his people self isolate and mask up and he’s found holding parties with no masks. It really is about control and they are now starting the same BS with Monkeypox.

    https://peakprosperity.com/its-about-control-an-interview-with-david-icke/

    “CV19 Virus & Vax About Control Not Health – Dr. Michael Yeadon”

    https://usawatchdog.com/cv19-virus-vax-about-control-not-health-dr-michael-yeadon/

    • Rodster says:

      “Dr. Michael Yeadon was a chief scientist in drug discovery research and also a VP at Pfizer for 20 years. He has been sounding the alarm about the Covid “lies” being told and warning the so-called vaccines for CV19 are “neither safe or effective.” Yeadon contends the entire Covid plandemic is just a piece of the puzzle in a much wider plan by “evil” globalists. Yeadon contends, “Governments all around the world have lied to their people in the same set of absurd ways simultaneously. So, it’s not a mistake. It’s not copycat because it’s so obviously stupid that if a neighboring country did it and you weren’t in on it, you would say I don’t want to do that, it’s literally absurd, and yet every country except Sweden did it. . . . Pretty much all the countries of the world did the same absurd things at the same time. The reason why I have said this repeatedly is you will not get stronger evidence of ‘Super-National’ evidence behind the scenes. There ain’t no way this happens by telepathy . . . They must have agreed to do this.”

    • Fast Eddy says:

      Not sure why mike cannot recognize that he’s being played….

      https://pbs.twimg.com/media/EuxUbqpWYAoLMz0.jpg

      I suppose if he were to embrace the oil situation (he’s aware of it…) then his life becomes meaningless… all hope would be lost … he’d be like most of us… just waiting to die…. with the only meaning being sticking around to find out the details of the CovCON…. (and UEP)

      • MM says:

        Actually I have seen this picture or versions of it quite a lot of times but I never saw any analysis of an established fact or enlargement of symbol details or discussing the symbolism at all.
        Anyone ?

        • Fast Eddy says:

          It’s his villain outfit… it goes with his role as the leader of the Great Reset and the Digitization and Chipping of all Humans….

          It’s completely ridiculous but most people are total MOREONS and they do not realize they are being played. They have been so indoctrinated by Hollywood that they accept pretty much everything no matter how illogical.

    • I stopped listening to the David Icke interview when Chris asked David if current events had anything to do with lack of oil. David said no. Can David Icke really be clueless about peak oil and its implications? Seems so.

      • Rodster says:

        He possibly could be. Try not to throw the baby out with the bathwater. I’ve come to learn that over the years. I can agree with some while disagreeing with the same person.

        Regardless, it appears that Icke was ahead of the curve by calling this a “government control move”.

      • MM says:

        Some of their mindset is based on alien technology.
        Them aliens will never run out of “energy” because it is just everywhere.
        That Dark thing you know.
        If we could just plug into this. Just this. Just as The Tesla did or the Elon or what was his name ?

        This our “underlying” thingy written about in more than one books…

  14. Fast Eddy says:

    how can we identify people like this in advance and influence who they gun down?

    https://twitter.com/IntelDoge/status/1529208667924488195

  15. Fast Eddy says:

    He killed his granny hahahaha norman bates lives https://t.me/chiefnerd/3648

    • JMS says:

      Probably just another TV-massacre (hopefully with no casualties as in Sandy Kook) to try to secure the desired ban on gun sales in the US. Next!

    • D. Stevens says:

      It’s too bad schools don’t have their doors locked with a video intercom system to get buzzed in to prevent people from wandering in off the street into classrooms. Oh wait.. they do.. so I wonder what went wrong?

  16. Fast Eddy says:

    Two killed and others injured in Texas school shooting

    https://www.ksat.com/news/texas/2022/05/24/two-killed-others-injured-in-school-shooting-in-uvalde-hospital-officials-say/?outputType=amp

    Meanwhile Rebel News is able to walk up to mark carney and the microsoft president and try to interview them… they have 0 security….

  17. Fast Eddy says:

    CDC Has Over 100 Million Doses of Monkeypox Vaccines Ready, One w/ ‘Significant Side Effects’

    https://rumble.com/v15xli7-cdc-has-over-100-million-doses-of-monkeypox-vaccines-ready-one-w-significan.html

    norm – hopefully the NHS is well stocked – have you made a booking?

  18. Fast Eddy says:

    CDC Says Monkeypox Can Cause ‘Anal or Genital Lesions’, Which Can Resemble Other Diseases

    https://rumble.com/v15xjvs-cdc-says-monkeypox-can-cause-anal-or-genital-lesions-which-can-resemble-oth.html

    maybe this is what has mike offline… mike is having trouble sitting in front of a computer… his lesions must be very painful … mike are you leaking puss from your backside??? Eu.

  19. Fast Eddy says:

    While Dr John Campbell is a friendly sounding person, he overdoes his messages, repeating confidently messages which come, unchallenged, from government, who are proven serial liars (see my “12 Covid lies” document).

    This article details the rational criticism of Campbell, who may be inadvertently acting as an amplifier of propaganda.

    If you subscribe to his channel, I ask only that you explore other, non-governmental voices, too. Just in case.

    Best wishes
    Mike

    https://johnplatinumgoss.com/2020/12/16/dr-john-campbell-a-danger-to-all/

    I thought this mad old f789 would have given up after being red-pilled on the covid vaccines hahaha… he’s a nurse not a doctor btw

  20. Fast Eddy says:

    📺 Webinar revisit – Rob and wife Tania share their journey of despair and destruction and how they have turned the tables to bring hope and inspiration. Rob is a husband, father of 4, Koro of 2 moko who worked as a frontline healthcare worker. As part of the COVID-19 response he was strongly encouraged to get vaccinated. His life changed dramatically when he suffered severe adverse reactions 💉 (5 May 2022):

    https://odysee.com/@voicesforfreedom:6/Muna-Lee:e

  21. Fast Eddy says:

    mike may have been caught up in this … he’s fully vaxxed.. a Professional Vaxxer.. he pushes the limit getting vaxxed as often as possible…

    “How many times in the last 18 months have you heard the line spouted that the Covid vaccine lowers your chance of becoming unwell enough to be hospitalised? Or, that you’ll be less likely to catch the coof in the first place?

    Before anyone has a conniption and feels compelled to yell MISINFORMATION!, let’s take a look at the Ministry of Health’s OWN data.

    Their OWN data shows that the vaccine-free make up 7% of the population, but only 2% of the new cases, and 6% hospitalisations. That ‘dangerous’ group is UNDER-REPRESENTED in both the case and hospitalisation stats. Awkward.

    Moving on to the fully vaccinated crew. The twice-jabbed make up 26% of the population, 26% of the new cases, but 37% of the hospitalisations. They are OVER-REPRESENTED in one of the most serious categories – being hospitalised. They are, in fact, MORE LIKELY to land in the hospital than those without a jab. Uh oh.”

    https://www.voicesforfreedom.co.nz/blog/post/data-says-what

    https://www.voicesforfreedom.co.nz/storage/app/media/Blog/Stay%20Informed%20Infographic%20A%20small.png

    https://www.voicesforfreedom.co.nz/storage/app/media/Blog/Stay%20Informed%20Infographic%20D%20small.png

    Oh just leave the Pro Vaxxers alone… if they want to keep injecting let them inject…

    • CTG says:

      Fe, please realize that one of the characteristics of sheep (those who support “the current”) are those who are intellectually and physically lazy. They don’t do any research or reading. They like videos and is probably subtly brainwashed to be a perfect sheep.

      No, it is not possible for them to do some research and do critical thinking.

  22. Fast Eddy says:

    Do the COVID-19 injectables (aka “vaccines”) reduce COVID-19 hospitalisations? ***Corrected
    Analysis of US counties 24-Feb to 19-May 2022 shows a statistically significant POSITIVE correlation between vaccination and hospitalisation.

    https://metatron.substack.com/p/do-the-covid-19-injectables-aka-vaccines-db9

  23. Fast Eddy says:

    OMG!

    https://boriquagato.substack.com/p/kitten-corner-summoning-monsters

    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%2Ff11a359f-a987-414f-a54c-d2753795af52_785x920.jpeg?utm_source=substack&utm_medium=email

    [Verse 1]
    When I was a little bitty boy
    My grandmother bought me a cute little toy
    Silver bells hangin’ on a string
    She told me it was my ding a ling ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I wanna play with my ding a ling

    [Verse 2]
    When mamma took me to Sunday School
    They tried to teach me the golden rule
    Every time the choir would sing
    I’d sit there and play with my ding a ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I wanna play with my ding a ling

    [Verse 3]
    When Pa started me to Grammar School
    I found a place in the vestibule
    And every time the bell would ring
    They’d catch me playin’ with my ding a ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I want to play with my ding a ling

    [Verse 4]
    Once I was climbing the garden wall
    Oh and I had an awful fall
    I fell so hard I heard bells ring
    But I never let go of my ding a ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I want to play with my ding a ling

    [Verse 5]
    I remember the girl next door
    We used to play house on the kitchen floor
    She’d be the queen, I’d be the king
    Together we’d play with my ding a ling a ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I want to play with my ding a ling

    [Verse 6]
    This here song, it is so sad
    To those of you who never had
    Silver bells hanging on a string
    So you could play with your own ding a ling

    [Chorus]
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    All come on now, everybody sing
    My ding a ling, my ding a ling
    I want to play with my ding a ling
    My ding a ling, my ding a ling
    I want to play with my ding a ling (One more time)

  24. Rodster says:

    “Should I Be Worried About Monkeypox?” by Chris Martenson

    Short answer: No but that’s not stopping the Media, Govt and Health Officials from spinning fear and hysteria, quite predictable.

    https://peakprosperity.com/should-i-be-worried-about-monkeypox/

  25. Fast Eddy says:

    hahaha…

    Health Canada and PHAC
    @GovCanHealth
    ·
    2h
    Replying to
    @GovCanHealth
    The answer is true. The mRNA #CovidVaccines are highly effective at preventing severe illness and pregnancy complications from COVID-19. A booster dose provides additional protection. https://canada.ca/en/public-health/services/immunization-vaccines/vaccination-pregnancy-covid-19.html

    https://twitter.com/GovCanHealth/status/1529114746951180295

    “You’re a criminal!” Indigenous protesters can be heard yelling at Prime Minister @JustinTrudeau as he commences speech in Kamloops, BC on Monday. https://twitter.com/i/status/1528928183734521857

  26. Fast Eddy says:

    Hmmm…

    Health Canada and PHAC
    @GovCanHealth
    True or False: Vaccination reduces your risk of experiencing serious illness from COVID-19 and related #pregnancy complications.

    https://twitter.com/GovCanHealth/status/1529114746951180295

    81% say false

  27. Fast Eddy says:

    Deaths in English Care Homes Since Aug 2020.
    Excess deaths not “involving” COVID are almost as high as those “involving” it.

    We were alerted today by a care home resident, reporting a substantial rise in resident deaths amongst those who were not moribund.

    I cut my teeth on COVID mortality analysis in the care home sector but haven’t looked at it at all in the last few months so I thought I would investigate.

    It turns out that this anecdotal report was an alarm that should have been investigated by the “authorities” but for some reason, has been completely ignored. Looking at you Care Quality Commission (CQC) since the data is collected by you.

    Just by looking at all cause deaths and deaths involving COVID-19 on the same chart, it is apparent that all cause has risen since July 2021 whilst deaths “involving” COVID have remained insignificant.

    https://metatron.substack.com/p/deaths-in-english-care-homes-since

    https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd818a7a4-da07-41b8-8395-11ef0b7a45c7_2601x1951.png

  28. Fast Eddy says:

    And now… the moment of truth…. drum roll please….

    Type into the search space ‘mike roberts’ click search…..

    We didn’t find anything. Try a different key word.

    Ah ok… how about MOREON…. Nah that won’t work… it will just pick up stuff from norm….

    In honour of mike — our vax injured / dead comrade.. mike — who stepped into the breach when none of us were willing … because he was told get injected to protect your community from covid – get injected with the safe and effective shot… get injected to prevent severe illness and death.

    mike — oh brave mike — he went into battle multiple times … in the rain and sleet at the Tesco parking lot… he braved an off duty shampoo girl making a few bucks injecting the Pfizer with zero training — what bravery our dear mike has exhibited throughout this war on Covid.

    mike has made the ultimate sacrifice — for everyone on OFW… even though he made some very ridiculous comments during his short time here (some would say MOREONIC comments)…. all is forgiven… because mike is our hero.

    Gail — I call on you to posthumously award mike the OFW Medal of Honour….

    Let the ceremony begin….

    https://youtu.be/MR87LsmXzBs

    • sounds to me like you haven’t ‘scored’ lately eddy?

      could that be your problem.?

      They tell me it’s the secret of longevity, certainly of mental stability.

  29. Fast Eddy says:

    Exclusive: The federal government paid hundreds of media companies to advertise the COVID-19 vaccines while those same outlets provided positive coverage of the vaccines

    This includes FOX and CNN, these companies have blood on their hands for the harms and deaths from these COVID vaccines…yes, when we haul in Francis Collins, Fauci, Bourla, Bancel, we haul in media

    https://palexander.substack.com/p/exclusive-the-federal-government

    Why do we need billion dollar ad campaigns to convince people to inject a safe and effective vaccine that will save their lives?

    1. Because you have to convince the MOREONS that a vaccine developed in less than a year is safe and effective and that they should not be concerned about long term side effects. You also have to convince them that long term trials are not necessary.

    2. You have to convince them that a disease that is no more deadly than a bad flu and that kills people for the most part who are 80+ and riddled with comorbidities (aka nearly dead) that it is as lethal to a healthy 10 year old.

    Basically you are pushing something on people who have zero need for it — which is dangerous to their health.

    This is an even tougher sell than trying to flog a fridge to an Eskimo…. the fridge cannot kill the Eskimo…

    So of course you need a full court press… you need to employ all the tricks in the PR and advertising book to get the MOREONS to these useless dangerous toxic substances.

    You need the best psychologists… the best PR people – the best creative people – the best agencies… the best data folks…. you also need to be able to block all dissenting info….

    This all take $$$$$…. many billions of $$$$$.

    The thing is…

    If this was truly the Black Death – and those photos of people lying dead on the streets in Wuhan were not stich ups… (who walks the streets when dying from the flu???) there would be no need for an ad budget…. no need for PR….

    Get it norm? mike?

  30. Ed – I am interested in energy issues.
    Ed says:

    If one of the Teslas park in the underground parking lot at Apple HQ goes up in flames and start a avalanche of EVs going up in flames it will be a mess.

  31. Fast Eddy says:

    These are the people who tell the Green Groopies they need to eat bugs and take cold showers…

    hahahahaha

    https://boriquagato.substack.com/p/great-moments-in-bad-messaging

  32. Fast Eddy says:

    I feel like I am watching it all happen – all the while absolutely sure that I am not the one is nuts, as I was made to feel in my dream. I get emails all of the time from amazing, intelligent, well-adjusted people from all walks of life, including psychologists, who ask me if they are losing their mind for being the only person in their circle, be it work or family, who is not injected due to simply having made a personal choice not to be. I tell them, no, you are not losing your mind. You are facing the greatest intra-species incongruence of reality that we have ever faced.

    The people of humanity are quite literally, seeing two versions of ‘reality’ right now, which is a really weird thing because reality is simply an illusion as well. I found myself asking my genius friend the other day if I had not escaped the event horizon of some simulation black hole thus escaping the simulation itself.

    It really feels that way to me sometimes: as if I am watching the simulation from the outside now instead of being incredibly frustrated living it from the inside. But, these thoughts aren’t the main point of this story.

    https://jessicar.substack.com/p/my-nap-dream-poignant-on-point-reflective

  33. Fast Eddy says:

    Portugal: maybe the world’s most vaccinated nation and they boasted about it; you are seeing what is very troubling, that in the new waves, it does not get to baseline downward side; China in trouble

    No baseline so tremendous virus is hanging out there in the population, lots of infectious pressure, ripe for selection pressure due to non-sterilizing vaccine; we also see deaths increasing

    https://palexander.substack.com/p/portugal-maybe-the-worlds-most-vaccinated

  34. Fast Eddy says:

    What do Oklahoma and Portugal have in common? Not much, besides mRNA vaccine failure
    Meanwhile, New Mexico makes bad numbers disappear the easy way, by ending reporting

    Yes, despite the No-Death mRNA Guarantee (TM), people in Portugal are in fact dying of Covid. In fact, about 30 are now dying every day, equivalent to almost 1,000 Americans. The toll is likely to rise further, given how quickly infections have taken off.

    https://alexberenson.substack.com/p/what-do-oklahoma-and-portugal-have

    https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Faa606f98-2bd6-4d40-af50-192ec9c6b77f_1170x941.jpeg

    mike (rip?) norm … why?

  35. hillcountry – retired electronics manufacturing engineer
    hillcountry says:

    “To put global NNR occurrence into perspective, if the total quantity of an NNR in Earth’s crust were represented by the size of Disneyland (150 football fields), the economically viable NNR “reserve” would be approximately the size of a postage stamp; and the potentially economically viable “resource” would be about the size of a cell phone”. Chris Clugston

    https://npg.org/wp-content/uploads/2014/03/WhatEverHappenedGoodOldDays.pdf

    • hillcountry – retired electronics manufacturing engineer
      hillcountry says:

      “Between the years 1800 and 2008, total US NNR utilization increased by over 1600 times, from 4 million tons to 6.5 billion tons. As a result of this spectacular increase in NNR utilization, the size of the US economy (GDP) increased equally as spectacularly, by nearly 1800 times, from $7.4 billion in 1800 to $13.2 trillion in 2008.6,7,8 Remarkably, the correlation between the increase in US NNR utilization and the increase in US economic output (GDP) during the past 200+ years is nearly one-to-one.”

  36. Student says:

    What a great satisfaction !

    You die, but – if you are lucky they recognize it – you gain 77.000 Euro !
    Probably, in small bills, money is useful to insulate the coffin…

    (Eventi avversi news)

    ”Zelia Guzzo, who died at age 37 from cerebral thrombosis after the ‘vaccine’ will be compensated by the Italian state.”

    https://www.eventiavversinews.it/zelia-guzzo-scomparsa-a-37-anni-a-causa-di-una-trombosi-cerebrale-dopo-astrazeneca-sara-risarcita-dallo-stato-italiano-e-il-primo-caso-con-cui-viene-riconosciuto-lindennizzo-previsto-dalla/

  37. banned says:

    Lithium batteries are awesome but you really dont want to cohabitate with them. They are best used in structures that are designed to cope should they release the massive amounts of energy they contain in a uncontrolled manner. I dont think people appreciate what a superb solution adding oxygen at the last moment a combustion engine is from a safety standpoint. You could regard that adding of oxygen a safety key only allowing controlled release of only the energy being consumed not the energy stored. Oxygen is a dangerous thing.

    https://www.bitchute.com/video/umKivpiuK4MN/

    • 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.
      Gail Tverberg says:

      Good point!

      If fire departments become slow to respond, or don’t respond at all in some places, having vehicles with exploding lithium batteries could lead to fires that spread. If the bus was in a bus barn when it exploded, it seems like it could lead to a fire engulfing all of the busses parked there, for example. In fact, even with fire departments responding, the situation would be pretty bad.

      • “Exploding e-scooters kill four as heatwave damages batteries [India]… it was reported that the scooters’ cell batteries had set alight while the vehicles were charging at the victims’ homes…

        “There have been near daily reports of electric scooters catching fire amid record-breaking temperatures…”

        https://www.telegraph.co.uk/global-health/climate-and-people/exploding-e-scooters-kill-four-heatwave-damages-batteries/

        • Dennis L. says:

          Harry, interesting point, but: How many humans have passed in the same homes from heat? Does that mean we stop making humans because they may pass in a warm climate?

          “Most electric scooters in India use lithium-ion batteries which have been found to degrade and set alight more easily when charged regularly in temperatures exceeding 30oC (note that is only 86 degrees F)

          A spokesperson for an electric scooter company in the city of Bengaluru told the Times of India most lithium-ion batteries used in India were designed for use in countries with colder climates.

          India’s transport ministry has ordered a government investigation into the deadly fires while three manufacturers have recalled over 6,600 scooters over safety fears.

          India reported its hottest March in 122 years, since records began, while April also broke records for the northwest and central parts of the country. On Monday, the Indian Meteorological Department predicted the northwest and central parts of India would again see a heatwave until Thursday, with temperatures expected to reach 44oC.

          India’s Prime Minister Narendra Modi has asked Indian states to prepare heat action plans after it emerged that at least 25 people have died from heat stroke in the western state of Maharashtra since late March.”

          Yup, climate change again, humans can’t survive it, time to recall them and re-engineer them for a warmer climate and if one must use batteries, use batteries designed for the climate. Man, think of someone with a pacemaker, how can they even think of sleeping in that weather?

          Dennis L.

      • Dennis L. says:

        What would be relevant is a percentage of fires in ic, gasoline, not diesel, engines compared to battery vehicles.

        Compare also in crashes, ah, think Pinto, there was a slight problem; seems the tank became exposed to oxygen. Wasn’t there a song about the same, time, “Burn Baby Burn?”

        Again, scooters, power tools seem to do fairly well with LI batteries. Anyone hear about “exploding” tool boxes?

        On a roll, about the time of the Model A one can hear a doubter comparing the danger of gasoline compared to methane – think about that one, you will get it. Sort of a corollary to a buggy whip, hint.

        Dennis L.

      • GBV says:

        I work in a lithium battery recycling plant.
        Had the privilege of watching a bunch of large lithium ion batteries from an EV chassis go up in flames a few months back, as my colleagues and I tried to douse it with water and multiple classes of fire extinguishers to little or no effect.

        Had to evacuate the building pretty quickly, as the heat and smoke became unbearable after 2-3 minutes. Sprinkler systems basically did nothing to stop the fire. When the fire fighters arrived, they hit it with their hoses for an hour or more and still could not completely extinguish the fire (it was still smoldering).

        I think the average person doesn’t comprehend the complexity of this technology, or how dangerous thermal runaway can be. I had a dentist appointment a few weeks after the fire… when the dentist asked me what I did for a living and I explained it to him, he then went on to gush over the new Tesla he just bought and how I must really believe in EVs being the way to get to a “sustainable future”. I told him about the fire, and how I don’t think I could ever buy a Tesla as I’d be too worried while flying down the highway strapped to a large firebomb that could ignite with the smallest of punctures. He didn’t have much to say about EVs or sustainable futures to me after that…

        Cheers,
        -GBV

        • MM says:

          No, no, Hydrogen is such a terrible thing!
          Or was it biogas or LNG or High Voltage electrical lines across dry woods? Why can we not just simply contain that energy in this black goo stuff any longer ?

    • Rodster says:

      Batteries also do go bad especially from heat and charging stress. I recently had a laptop battery, in fact all three cells ballooned inside the laptop. It’s a good thing I noticed the keyboard bulging somewhat, otherwise I could have been dealing with a battery explosion.

    • D. Stevens says:

      I had the impression lithium iron phosphate batteries were safe while lithium ion batteries could overheat and catch fire. I looked up Tesla and found they use the safer lifepo4 batteries so not sure why they’re catching fire. I have two 2kwh lithium iron phosphate batteries in my house for off grid solar. Maybe I’m sleeping on a roman candle ready to go off anytime.

      • JesseJames says:

        D.S lithium iron phosphate are the safest and the correct batteries to have in your house. I have the same.
        Did you leave out a “0” when you said you have 2 kwhr…20 kwhr?

        • D. Stevens says:

          I have two batteries and each has a 2kwhr capacity. They are connected together. It’s a small do-it-yourself off grid system I put together to learn about solar and to have some sort of backup for power outages. I originally only had a single battery but decided to get another which is why there’s two small batteries instead of a single large.

    • Fast Eddy says:

      They could have parked 20 of these in the World Trade Centre and….

  38. Student says:

    I can tell you from inside that Italy is a very funny Country.
    We can also slide towards an authoritarian government and experience very bad situations (like lately), but we do it in a comic way, but, above all, we doi it in a comic way against our will…
    We remain comic even if we suffer and we don’t want to be comic.
    The following article is interesting, but the most important thing for you that live outside Italy is to focus on the picture in which you can see Mr. Mario talking with students wearing masks.
    There have been a lot of debate in Italy on internet lately about this funny picture (and others concerning his visits at schools).
    Students still need to wear mandatory masks at schools in Italy, but he went to visit them without it.
    Of course MSM didn’t touch the subject.
    🙂 🙂 🙂

    https://comedonchisciotte.org/prof-davide-tutino-siamo-tutti-draghi/

    • 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.
      Gail Tverberg says:

      “Do as I say, not as I do.”

    • Jarle says:

      > Students still need to wear mandatory masks at schools in Italy, but he went to visit them without it.

      I don’t see the comedy, this is pure madness.

      • NomadicBeer says:

        How can you not see the comedy?

        The majority of the population has a slave mentality. The psychopaths are pointing that out every day because it is so funny to them, and yet people continue to accept the worst indignities.
        Why? Because they are slaves!

        See, it’s funny ’cause it’s true.

        I predict in the next couple of decades, most people in the western world will consider normal to sell their kids if an oligarch wants them (to make soup or whatever). Now that’s comedy!

  39. Ed – I am interested in energy issues.
    Ed says:

    “The crisis is just indicating to us [that] you are running the whole world with not enough spare capacity,” Nasser was quoted as saying by the FT. “Instead of really working on a transition that will help the world by 2050, we are pushing the world to more coal because we are not taking seriously the issue of energy security, affordability and availability,” he said.

    https://www.rt.com/business/555998-saudi-aramco-green-transition-doubts/

    • Hubbs says:

      Green energy is yet another Trojan Horse being used by the Globalists to cut the people off traditional FF based energy. It’s not whether Green energy can substitute as they would have us believe. The Globalists know it can’t . It is about cutting off people from FF through deception. Same way Obamacare is a Trojan Horse being used to slip in rationed health care. Food becomes a more difficult scam to conceal, because food rationing impacts people immediately.

      • Fast Eddy says:

        It’s more about convincing the MOREONS that they don’t have to worry about finite fossil fuels… if they are not fed a story about transitioning off them … they’d panic

    • 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.
      Gail Tverberg says:

      Part of what Nasser says later is correct and some is iffy.

      According to the head of the world’s largest oil producer, the conflict in Ukraine didn’t cause the energy crisis. The world was already heading for an energy crisis because companies facing green energy pressures were afraid to invest in the oil sector, he said.

      “What happened in Russia-Ukraine masked what would have happened. We were going through an energy crisis because of a lack of investment,” Nasser said at the WEF on Tuesday, according to The Times.

      I think that there were other issues as well:

      (1) Fossil fuel extraction was not sufficiently profitable that investment really made sense.

      (2) New investment would be much higher cost than previous investment (since best drilled first).

      (3) Needed prices would be rising, whatever fossil fuel producers did.

      (4) Green energy subsidies made Green Energy look like a good alternative, when it really doesn’t make sense.

    • we set out to turn the planet into cash

      our planet is now bankrupt

      very simple to understand i think

      • 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.
        Gail Tverberg says:

        Interesting way of putting the problem!

    • Fast Eddy says:

      TINA. We’ve tried

  40. Aging infrastructure and maintenance delays during the pandemic have added to the problems of more severe weather, said Teri Viswanath, lead economist for power, energy and water at CoBank ACB.

    “The US is experiencing more outages globally than any other industrialized nation,” she said. “About 70% of our grid is nearing end of life.”

    Hot, Deadly Summer Is Coming With Frequent Blackouts
    Electric production is strangled in many large world economies

    Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies.

    War. Drought. Production shortages. Historically low inventories. And pandemic backlash. Energy markets across the planet have been put through the wringer over the past year, and consumers have suffered the consequences of soaring prices. But, somehow, things are on track to get even worse.

    https://www.autoblog.com/amp/2022/05/23/summer-electricity-shortages/

    And to think I bought an extra ac wall unit just in case … lovely

    Without power, human welfare will be under duress. Poverty, age and proximity to the equator will increase the likelihood of illness and death from unrelenting temperatures. Prolonged outages would mean that tens of thousands may also lose access to clean water.
    If blackouts persist, and businesses shutter, that will also bring huge economic shock.

    Ahh, that’s too bad 😞

    • 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.
      Gail Tverberg says:

      This is a report of expected electricity shortages around the world. It is a little strange in several ways, however:

      (1) It appears on a website that is about autos.

      (2) There is no author listed.

      (3) There are no links with respect to the indications given.

      My impression is that the report is pretty much correct, but I would be worried about citing it as a reference.

      • Gail, I thought the same…was surprised to see it being reported there also
        Perhaps collapse now is getting mainstream?
        I checked the source in the article

        Teri Viswanath
        Lead Economist of Power Energy and Water
        Lead Economist of Power Energy and Water – CoBank Knowledge Exchange division

        Teri Viswanath is a lead economist in CoBank’s Knowledge Exchange Division, where she focuses on the energy industry, including the electric distribution, generation and transmission sectors, as well as the rural water industry. She develops market intelligence, strategic guidance and policy assessments on these key industries to inform CoBank and customer leadership decisions.

        Before joining CoBank, Ms. Viswanath was director of corporate strategy for First Solar, where she led the market and competitive intelligence research for the organization including initiating long-term scenario planning to identify evolving market risks in order to manage future uncertainties. She previously held energy economist positions with S&P Global, BNP Paribas, Credit Suisse and Deutsche Bank and began her work in energy with Dynegy, as a power plant asset manager. In all, Ms. Viswanath has more than 20 years of expertise in energy economics, in addition to her early career experience in finance and the law.

        Ms. Viswanath earned a bachelor’s degree in finance from Central Michigan University and a juris doctorate from Fordham University; she also studied at the University of Texas School of Law.

        She seems to have done her dues

        • 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.
          Gail Tverberg says:

          I should have looked further for the author’s name. The report certainly sounded reasonable. Perhaps it is connected to autos through the sale of electric autos.

    • Fast Eddy says:

      They timed things just about right … just has to last a few more months?

  41. nlowrie
    neil says:

    From personal experience, I think the UK is in a slow motion collapse. Ignore inflation and all that is happing with supply chains. Just focus on day to day healthcare needs. Try getting an appointment with a General Practitioner- call first thing in the morning to be told all available slots are taken, and offered an appointment in 6-8 weeks. Depending on the urgency, you either wait, or drag yourself to A&E, thereby exacerbating waiting times in hospitals.

    Dentist are becoming rarer then the Dodo. In theory the NHS (National Health Service) pays part of the cost of treatment, but unless you are already registered as an NHS patient with a dental practice, waiting lists are 18-24 months long. You can get private dental appointments, at approximately twice the cost, but that assumes the local dental practice actually has any working dentists and not just receptionists manning phones.

    The health service has definitely got worse post Covid. It’s trending towards being a service for high risk patients and for emergencies only. The alternative is expensive private healthcare, which is rather galling as taxpayers are already paying a lot for a service they can no longer access;

  42. Pingback: Sobriverá a Petrobrás? E o Brasil? - Fala, Leonel!

  43. Student says:

    The discussion about Monkeypox and a possibile direct on indirect connection with Vaids (from Covid-19 ‘vaccines’) is going on…

    (Newsweek)

    ‘Fact Check: Is Monkeypox a Symptom Of ‘Vaccine-Acquired AIDS’?’

    https://www.newsweek.com/fact-check-monkeypox-symptom-vaccine-acquired-aids-1709147

    • 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.
      Gail Tverberg says:

      Of course, the article is about a “debunked theory.” This is repeatedly mentioned.

    • Replenish says:

      Jesus, Guns, Babies vs. Science, Vaccines, Abortions. The only way I am voting for her is if they get Noam Chomsky to run on a “Starve the Unvaccinated” platform, lol.

      • drb753
        drb753 says:

        Looks like Norman is fighting last century cultural wars.

        • wrong

          the thinking behind that is straight out of the middle ages

          • drb753
            drb753 says:

            and that is wrong how? the thinking behind vaccines also is from the middle ages.

            • erm

              they had vaccines in the middle ages?

              i thought the just bled people

            • Tiim Groves says:

              Good point, drb.

              The evidence indicates that smallpox inoculation was practiced in China in around 1000 AD and in India, Turkey, and probably Africa as well.

              Inoculation, ‘the process of injecting an infective agent in a healthy person, which leads to often mild disease and preventing that individual from future serious disease’ was common in India. Inoculation with smallpox virus material called variolation preceded smallpox vaccination and was one of the accepted approaches to protect from the disease. Inoculation was widely practiced in India (and later on, even a ban by Bengal Presidency in 1804 had limited effect on the practice).

              A detailed description of the practice of inoculation in India was given by Dr JZ Holwell in 1767 to the President and other members of Royal College of Physicians in London.

              The inoculation practice has been documented from different parts of India, especially in Bengal and Bombay presidencies. However, there is a limited record of how many people were annually inoculated from smallpox matter in India during that period.

              The Chinese practiced the oldest documented use of variolation, dating back to the fifteenth century. They implemented a method of “nasal insufflation” administered by blowing powdered smallpox material, usually scabs, up the nostrils.

              According to some sources, this method was introduced to the Ottoman Empire by Circassian merchants in 1670.

              We got rid of leaches (sort of) and drilling holes in the head to remove stupidity and evil spirits. It’s time we got rid of the needle and the damage done, a little part of it in everyone, to quote one vaccine zealot who looks like he’s barely survived a bout of monkeypox.

              https://www.grunge.com/img/gallery/the-tragic-real-life-story-of-neil-young/intro-1561981444.jpg

            • lidiaseventeen
              lidiaseventeen says:

              It’s analogous.

            • drb753
              drb753 says:

              they forced people into all sorts of barbaric medical procedures.

    • banned says:

      Cultural prejudice aside I think we can agree all platforms share a common basis. Infinite consumption on a finite planet. Its really shared across all cultures not just politically but also religiously. “science” that is 100% in contradiction with scientific discover is a popular one nowadays leading to cognitive dissonance to those that spent there lives working with scientific discovery. Doublethink is a very useful skill. You like grape jonestown koolaid I might like cherry. Is our preferences really that much different to call names like “lunatic”? Personally I think its pretty “lunatic” to continue injecting experimental drugs into your body considering all the scientific evidence of how harmful they are but to each his own. I like my body I would even say I cherish it. If the choice is starvation or injection I choose starvation. I would value having that choice very much. The fact is we will not be allowed that choice.
      Continue on noble crusader. The exercise of working yourself up into a sweat of condemnation seems a eternally popular habit usually followed by a nice bit of entitled consumption.

      • cultural prejudice against someone with a banner of jesus-guns-babies?

        i’m a great believer in sanity claus–but she obviously missed reading it.

        no doubt her supporters think she’s ‘normal’—as did those who voted for the don, with religious wackos shown smarming round his desk in the wh.

        They are the ones who concern me most.

        but as you say–everyone is entitled to their version of ‘normal’

        • nikoB says:

          The same could be said of people voting for Boris J or J Biden.
          Those two are very far from normal. Infact i would say they both make THump look like a genius – biggly.

          I just wish people would realise that they are just opposite sides of the same coin. Time to switch currency.

          • on Boris i agree with you

            But on Biden–he threw out the godbotherers on day one—and he seems to be genuinely religious, but isn’t showy with it.
            But maybe you want Kenneth Copeland with his insane stare, or Paula White dancing around speaking in tongues?
            And the oval office filled with nutters laying hands on the head of state while he sign legislation into law.

            This is what you define as ‘normal behaviour?’

            Or having to settle a $25m lawsuit for fraud before taking office. Didn’t that set off alarm bells?

            neither do we get a stream of tweets from him–particularly at 3 am. But that shows ‘genius’ by your reckoning.?

            every head of state is faced with insurmountable problems, and all—without exception, lose in the end
            expecting otherwise is the foolish part.

            even putting oneself forward for public office at any level is ‘far from normal’—normal people just keep their heads down.
            It is an ultimately thankless task

        • Kim says:

          “no doubt her supporters think she’s ‘normal’—as did those who voted for the don, with religious wackos shown smarming round his desk in the wh.”

          Donald Trump in the White House was surrounded by zionist jews.

          Is that what you are talking about?

      • MM says:

        Is it “mandatory vaccination” or “mandatory plantation”?

    • 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.
      Gail Tverberg says:

      No one believes this candidate.

      “Taylor is polling a distant third in this week’s Republican gubernatorial primary, with about 6%”

      Brain Kemp is considered to be the most likely winner. David Perdue (endorsed by Trump) is second in pre-election polls. Kandiss doesn’t have a chance of winning. She needs to say outrageous things to be noticed.

      • oh–i know she won’t win

        i just get abit concerned about the sheer lunacy that lets her get there and rant

        • Tim Groves says:

          Don’t worry about that, Norman. Nobody is going to put a gun to your head or thrust one into your hands. And I should think you are past the age when anyone would force you to nurse a baby.

          If I were you,I’d be more worried about how I was going to pay for my future gas and electricity bills.

          Have you ever heard this old ditty?

          • fear not Tim—

            having been assured on OFW that the laws of thermodynamics are nothing more than a conspiracy,

            I have a pedal operated dynamo connected to a fan heater/and /or microwave oven/lights.

            so i will be fine next winter

        • Replenish says:

          It’s a process that we fought hard for in blood, sweat and tears. You have a right to question her sanity. She has a right to be stark raving mad and delusional. We don’t have a right to tell her how to think, what she puts in her body or whether or not she can run for public office unless she commits a crime. If the mob gets it way, we have 49 other states and numerous hard-nosed counties with a variety of political leanings where we can hope for a better life. Some of the offices are run by activists who want to force their will on other people, this goes both ways. There are statutes, courts and penalties for behavior and actions that cross the line. I trust what is left of that process. The rest is out of my control. I am grateful for the freedom of speech and I respect your right to voice your opinions.

  44. Fast Eddy says:

    Do the COVID-19 injectables (aka “vaccines”) reduce COVID-19 hospitalisations?
    Analysis of US counties 24-Feb to 19-May 2022 concludes a resounding “No”.

    https://metatron.substack.com/p/do-the-covid-19-injectables-aka-vaccines

    • 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.
      Gail Tverberg says:

      This article was replaced with a corrected version. Same link: https://metatron.substack.com/p/do-the-covid-19-injectables-aka-vaccines?s=r

      Do the COVID-19 injectables (aka “vaccines”) reduce COVID-19 hospitalisations? ***Corrected
      Analysis of US counties 24-Feb to 19-May 2022 shows a statistically significant POSITIVE correlation between vaccination and hospitalisation.

      I expect that what happens is that vaccination rates are disproportionately high in densely populated ares, where people are always crowded together in buses and trains. People are afraid of catching diseases from the many people around them, much of the time.

      High hospitalization rates also occur in densely populated areas. In fact, big hospitals tend to be in densely populated areas. I expect that people from less densely populated areas sometimes go to bigger cities (in a more densely populated area) to be hospitalized, because hospital in small towns tend to close. So, this could be a distortion, depending how hospitalizations are counted.

      A person could argue that (but it wouldn’t really be right), that if the densely populated areas were even more highly vaccinated, their COVID problems would go away.

      • MM says:

        About population densitiy H2H has written one of their rare posts:

        https://harvard2thebighouse.substack.com/p/only-yahwehs-breath-can-save-us-now?s=r

        • 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.
          Gail Tverberg says:

          This is a rather amazing, long article by Harvard to the Big House.

          It title is Only Yahweh’s Breath Can Save Us Now

          Why the impending monkeypox pandemic is yet another manifestation of the Angel of Death, which can only be stopped with an ancient weapon pulled from a stone.

          The thesis of this writer is “. . . now after untold trillions of transmission events all across the world, SARS-CoV-2 has now jumped into rodents, frying their immune systems just like it does ours.”

          These rodents live in highly populated areas.

          He believes that epidemics which killed many people in the past occurred when people (and the rodents that followed them) were crammed into small spaces.

          Now, the SARC-CoV-2 virus has weakened the immune system of many kinds of animals, including rodents, making them more vulnerable to viruses of all kinds, including monkey pox.

          The ancient solution (in small quantities) seems to have been hydrogen sulphide, which was present in volcanic rocks and in vents in volcanic areas. Also nitric acid. The article says:

          at lower concentrations it turns out sulfur can do an enormous amount of good for our brains, alongside nitric oxide:

          “Hydrogen Sulfide (H2S) and Nitric Oxide (NO) have become recognized as important gaseous signaling molecules with enormous pharmacological effects, therapeutic value, and central physiological roles. NO is one of the most important regulators of the pathophysiological condition in the central nervous system. It is critical in the various [functions] of the brain; however, beyond certain concentrations, it is toxic. H2S was regarded as toxic gas with the smell like rotten egg. But, it is now regarded as emerging neuroprotectant and neuromodulator.”

          But this is another inexpensive solution that cannot be monetized.

          The author also says,

          in extremely low doses not only does it powerful sterilize the air from viruses and bacteria alike, but it also sends mice into state of lowered metabolism similar to hibernation, protecting their brains from inflammation while they chemically slumber by allowing the accumulation of a protective enzyme at a Goldilocks level. So caves with low ambient levels of this sulfuric gas may have been the ones that preserved our ancestors during their extended shared slumbers over the long cold eons when temperatures would regularly plunge to twenty below freezing, since the sulfuric scent has been associated with survival and rejuvenation for over one-million years.

  45. Michael Le Merchant
    Michael Le Merchant says:

    Stéphane Bancel, CEO of Moderna:

    “it’s sad to say, I’m in the process of throwing 30 million doses in the garbage because nobody wants them. We have a big demand problem.”

    Notes that China doesn’t want any MRNA products and how there’s 7 billion doses.
    https://twitter.com/realmonsanto/status/1528887133263450112

    • Bobby says:

      …Give them to the politicians and Pharma goons who forced this senecio on us all. No entering the debate chamber or work place, without accepting a jab. Poetic Social Justice, cheers Boris, have another lockdown piss up anytime you like…..MonkeyButtRunAnd CoverDisease is on the way to a political platform near you….Gosh no wonder Eddy believers in CEP, the triple jacks will rip them to pieces.

    • 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.
      Gail Tverberg says:

      When the “vaccines” show no indication of stopping the disease, I can see why no one would want to buy them.

      • Fast Eddy says:

        Government needs to allocate more budget for ad campaigns… although at some point you get a pushing on a string situation

      • The buyers of last resort become the ruling class. That includes the ruling class and government institutions. This can be observed with see with other market failures like rocket science, nuclear, green energy. This can be observed among dead genres of music like jazz and classical music where grants and government subsidies are the only source of revenue. Philanthropy and government grants have the magical power to create demand where there is none.
        https://cdn.hswstatic.com/gif/ipo-flops3.jpg

        • 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.
          Gail Tverberg says:

          Interesting point!

    • This sounds familiar….
      “THEY EXPECTED to be heroes — or at least to be appreciated. In the race to find a drug to fight AIDS, researchers at Burroughs Wellcome ran the pharmaceutical equivalent of an under-two-minute mile. ”

      https://money.cnn.com/magazines/fortune/fortune_archive/1990/11/05/74308/

      TO THIS DAY the powers that he refuse to admit that this drug was ineffective. . Too many leaders expect to be seen in the same light as religious leaders while talking about being performance and fact-based.

      It’s strange to see doctors not wanting to be judged by the quality of their work but but how they made people feel. It’s almost as if medicine is an art and not a science. It’s almost as if patients and doctors are bringing their emotional needs into an area that is suppose to not be based on emotions.

      “doctors are as much relying on empirical evidence and standards as they are expressing themselves in their treatment.”

      https://medium.com/invisible-illness/medicine-isnt-just-an-art-or-a-science-it-s-both-a61fd51c4c5e

  46. Michael Le Merchant
    Michael Le Merchant says:

    Winter wheat crop conditions continue to be abysmal
    https://pbs.twimg.com/media/FTgSkHgXEAA6zre?format=jpg&name=medium

    • 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.
      Gail Tverberg says:

      The chart looks pretty dismal!

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