Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005

Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001 to 2005 period. China had been added to the World Trade Organization in December 2001, ramping up its demand for all kinds of fossil fuels. There was also a bubble in the US housing market, brought on by low interest rates and loose underwriting standards.

Figure 1. World primary energy consumption per capita based on BP’s 2022 Statistical Review of World Energy.

The problem in 2005, as now, was inflation in energy costs that was feeding through to inflation in general. Inflation in food prices was especially a problem. The Federal Reserve chose to fix the problem by raising the Federal Funds interest rate from 1.00% to 5.25% between June 30, 2004 and June 30, 2006.

Now, the world is facing a very different problem. High energy prices are again feeding over to food prices and to inflation in general. But the underlying trend in energy consumption is very different. The growth rate in world energy consumption per capita was 2.3% per year in the 2001 to 2005 period, but energy consumption per capita for the period 2017 to 2021 seems to be slightly shrinking at minus 0.4% per year. The world seems to already be on the edge of recession.

The Federal Reserve seems to be using a similar interest rate approach now, in very different circumstances. In this post, I will try to explain why I don’t think that this approach will produce the desired outcome.

[1] The 2004 to 2006 interest rate hikes didn’t lead to lower oil prices until after July 2008.

It is easiest to see the impact (or lack thereof) of rising interest rates by looking at average monthly world oil prices.

Figure 2. Average monthly Brent spot oil prices based on data of the US Energy Information Administration. Latest month shown is July 2022.

The US Federal Reserve began raising target interest rates in June 2004 when the average Brent oil price was only $38.22 per barrel. These interest rates stopped rising at the end of June 2006, when oil prices averaged $68.56 per barrel. Oil prices on this basis eventually reached $132.72 per barrel in July 2008. (All of these amounts are in dollars of the day, rather than being adjusted for inflation.) Thus, the highest price was over three times the price in June 2004, when the US Federal Reserve made the decision to start raising target interest rates.

Based on Figure 2 (including my notes regarding the timing of the interest rate rise), I would conclude that raising interest rates didn’t work very well at bringing down the price of oil when it was tried in the 2004 to 2006 period. Of course, the economy was growing rapidly, then. The rapid growth of the economy likely led to the very high oil price shown in mid-2008.

I expect that the result of the US Federal Reserve raising interest rates now, in a low-growth world economy, might be quite different. The world’s debt bubble might pop, leading to a worse situation than the financial crisis of 2008. Indirectly, both asset prices and commodity prices, including oil prices, would tend to fall very low.

Analysts looking at the situation from strictly an energy perspective tend to miss the interconnected nature of the economy. Factors which energy analysts overlook (particularly debt becoming impossible to repay, as interest rates rise) may lead to an outcome that is pretty much the opposite result of the standard belief. The typical belief of energy analysts is that low oil supply will lead to very high prices and more oil production. In the current situation, I expect that the result might be closer to the opposite: Oil prices will fall because of financial problems brought on by the higher interest rates, and these lower oil prices will lead to even lower oil production.

[2] The purpose of the US Federal reserve raising target interest rates was to flatten the growth rate of the world economy. Looking back at Figure 1, the growth in energy consumption per capita was much lower after the Great Recession. I doubt that now in 2022, we want even lower growth (really, more shrinkage) in energy consumption per capita for future years.*

Looking at Figure 1, growth in energy consumption per capita has been very slow since the Great Recession. A person wonders: What is the point of governments and their central banks pushing the world economy down, now in 2022, when the world economy is already barely able to maintain international supply lines and provide enough diesel for all of the world’s trucks and agricultural equipment?

If the world economy is pushed downward now, what would the result be? Would some countries find themselves unable to afford fossil fuel energy products in the future? This might lead to problems both in growing and transporting food, at least for these countries. Would the whole world suffer a major crisis of some sort, such as a financial crisis? The world economy is a self-organizing system. It is difficult to forecast precisely how the situation would work out.

[3] While the growth rate in energy consumption per capita was much lower after 2008, the price of crude oil quickly bounced back to over $120 per barrel in inflation-adjusted prices in the 2011-2013 time frame.

Figure 3 shows that oil prices immediately bounced back up after the Great Recession of 2008-2009. Quantitative Easing (QE), which the US Federal Reserve began in late 2008, helped energy prices to shoot back up again. QE helped keep the cost of borrowing by governments low, allowing governments to run larger deficits than might otherwise have been possible without interest rates rising. These higher deficits added to the demand for commodities of all types, including oil, thus raising prices.

Figure 3. Average annual oil prices inflation-adjusted oil prices based on data from BP’s 2022 Statistical Review of World Energy. Amounts shown are Brent equivalent spot prices.

The chart above shows average annual Brent oil prices through 2021. The above chart does not show 2022 prices. The current Brent oil price is about $91 per barrel. So, oil prices today are a little higher than they have been recently, but they are nowhere nearly as high as they were in the 2011 to 2013 period or in the late 1970s. The extreme reaction we are seeing is very strange. The problem seems to be much more than oil prices, by themselves.

[4] High prices in the 2006 to 2013 period allowed the rise of unconventional oil production. These high oil prices also helped keep conventional oil production from falling after 2005.

It is difficult to find detail on the precise amount of unconventional oil, but some countries are known for their unconventional oil production. For example, the US has become a leader in the extraction of tight oil from shale formations. Canada also produces a little tight oil, but it also produces quite a bit of very heavy oil from the oil sands. Venezuela produces a different type of very heavy oil. Brazil produces crude oil from under the salt layer of the ocean, sometimes called pre-salt crude oil. These unconventional types of extraction tend to be expensive.

Figure 4 shows world oil production for various combinations of countries. The top line is total world crude oil production. The bottom gray line approximates world total conventional oil production. Unconventional oil production has been rising since, say, 2010, so this approximation is better for years 2010 and subsequent years on the chart, than it is for earlier years.

Figure 4. Crude and condensate oil production based on international data of the US Energy Information Administration. The lower lines subtract the full amount of crude and condensate production for the countries listed. These countries have substantial amounts of unconventional oil production, but they may also have some conventional production.

From this chart, it appears that world conventional oil production leveled off after 2005. Some people (often referred to as “Peak Oilers”) were concerned that conventional oil production would reach a peak and begin to decline, starting shortly after 2005.

The thing that seems to have kept production from falling after 2005 is the steep rise in oil prices in the 2004 to 2008 period. Figure 3 shows that oil prices were quite low between 1986 and 2003. Once oil prices began to rise in 2004 and 2005, oil companies found that they had enough revenue that they could start adopting more intensive (and expensive) extraction techniques. This allowed more oil to be extracted from existing conventional oil fields. Of course, diminishing returns still set in, even with these more intensive techniques.

These diminishing returns are probably a major reason that conventional oil production started to fall in 2019. Indirectly, diminishing returns likely contributed to the decline in 2020, and the failure of the oil supply to bounce back up to its 2018 (or 2019) level in 2021.

[5] A better way of looking at world crude oil production is on a per capita basis because the world’s crude oil needs depend on world population.

Everyone in the world needs the benefit of crude oil, since it is used both in farming and in transporting goods of all kinds. Thus, the need for crude oil rises with population growth. I prefer analyzing crude oil production on a per capita basis.

Figure 5. Per capita crude oil production based on international data by country from the US Energy Information Administration.

Figure 5 shows that on a per capita basis, conventional crude oil production (gray bottom line) started declining after 2005. It was only with the addition of unconventional oil that crude oil production per capita could remain fairly level between 2005 and 2018 or 2019.

[6] Unconventional oil, if analyzed by itself, seems to be quite price sensitive. If politicians everywhere want to hold oil prices down, the world cannot count on extracting very much of the huge amount of unconventional oil resources that seem to be available.

Figure 6. Crude oil production based on international data for the US Energy Information Administration for each of the countries shown.

On Figure 6, crude oil production dips in 2016 – 2017 and also in 2020 – 2021. Both the 2016 and the 2020 dips are related to low prices. The continued low prices in 2017 and 2021 may reflect start-up problems after a low price, or they may reflect skepticism that prices can stay high enough to make continued extraction profitable. Canada seems to show similar dips in its oil production.

Venezuela shows a fairly different pattern. Information from the US Energy Information Administration mentions that the country started having major problems once the world oil price started falling in 2014. I am aware that the US has had sanctions against Venezuela in recent years, but it seems to me that these sanctions are closely related to Venezuela’s oil price problems. If Venezuela’s very heavy oil could really be extracted profitably, and the producers of this oil could be taxed to provide services for the people of Venezuela, the country would not have the many problems that it has today. The country likely needs a price between $200 and $300 per barrel to allow for sufficient funds for extraction plus adequate tax revenue.

Brazil’s oil production seems to be relatively more stable, but its growth has been slow. It has taken many years to get its production up to 2.9 million barrels per day. There is also some pre-salt oil production just now getting started in Angola and other countries of West Africa. This type of oil requires a high level of technical expertise and imported resources from around the world. If world trade falters, this type of oil production is likely to falter, as well.

A large share of the world’s oil reserves are unconventional oil reserves, of one type or another. The fact that rising oil prices are a real problem for citizens means that these unconventional reserves are unlikely to be tapped. Instead, we may be dealing with seriously short supplies of products we need for operating our economies, including diesel oil and jet fuel.

[7] Figure 1 at the beginning of this post indicated falling energy consumption per capita. This problem extends to more than oil. On a per capita basis, both coal and nuclear energy consumption are falling.

Practically no one pays any attention to coal consumption, but this is the fuel that allowed the Industrial Revolution to start. It is reasonable to expect that since the world economy started using coal first, it might be the first to deplete. Figure 7 shows that world coal consumption per capita hit a peak in 2011 and has declined since then.

Figure 7. World coal consumption per capita, based on data from BP’s 2022 Statistical Review of World Energy.

Many of us have heard about Aesop’s Fable, The Fox and the Grapes. According to Wikipedia, “The story concerns a fox that tries to eat grapes from a vine but cannot reach them. Rather than admit defeat, he states they are undesirable. The expression ‘sour grapes’ originated from this fable.”

In the case of coal, we are told that coal is undesirable because it is very polluting and raises CO2 levels. While these things are true, coal has historically been very inexpensive, and this is important for people buying coal. Coal is also easy to transport. It could be used for fuel instead of cutting down trees, thus helping local ecosystems. The negative things that we are being told about coal are true, but it is hard to find an adequate inexpensive substitute.

Figure 8 shows that world nuclear energy per capita is also falling. To some extent, its fall has stabilized since 2012 because China and a few other “developing nations” have been adding nuclear capacity, while developed nations in Europe have tended to remove their existing nuclear power plants.

Figure 8. World nuclear electricity consumption per capita, based on data from BP’s 2022 Statistical Review of World Energy. Amounts are based on the amount of fossil fuels that this electricity would theoretically replace.

Nuclear energy is confusing because experts seem to disagree on how dangerous nuclear power plants are, over the long term. One concern relates to proper disposal of spent fuel after its use.

[8] The world seems to be at a difficult time now because we don’t have any good options for fixing our falling energy consumption per capita problem, without greatly reducing world population. The two choices that seem to be available both seem to be far higher-priced than is feasible.

There are two choices that seem to be available:

[A] Encourage large amounts of fossil fuel production by encouraging very high fossil fuel prices. With such high prices, say $300 per barrel for oil, unconventional crude oil in many parts of the world would be available. Unconventional coal, such as that under the North Sea, would also be available. With sufficiently high prices, natural gas production could be raised. This natural gas could be shipped as liquefied natural gas (LNG) around the world at great cost. Additionally, many processing plants could be built, both for supercooling the natural gas to allow it to be shipped around the world and for re-gasification, when it arrives at its destination.

With this approach, food costs would be very high. Much of the world’s population would need to work in the food industry and in fossil fuel production and shipping. With these priorities, citizens would not have time or money for most things we buy today. They likely could not afford a vehicle or a nice home. Governments would need to shrivel in size, with the usual outcome being government by a local dictator. Governments wouldn’t have sufficient funds for roads or schools. CO2 emissions would be very high, but this likely would not be our most serious problem.

[B] Try to electrify everything, including agriculture. Greatly ramp up wind and solar. Wind and solar are very intermittent, and their intermittency does not match up well with human needs. In particular, one of the world’s primary needs is for heat in winter, but solar energy comes in summer. It cannot be saved until winter with today’s technology. Spend enormous amounts and resources on electricity transmission lines and batteries to try to somewhat work around these problems. Try to find substitutes for the many things that fossil fuels provide today, including paved roads and chemicals used in agriculture and in medicine.

Hydroelectricity is also a renewable form of electricity generation. It cannot be expected to ramp up much because it has mostly been built out already.

Figure 9. World consumption of hydroelectricity per capita, based on data from BP’s 2022 Statistical Review of World Energy.

Even if greatly ramped up, wind and solar electricity production would likely be grossly inadequate by themselves to try to operate any kind of economy. In addition, at a minimum, natural gas, shipped at very high cost as LNG around the world, would likely be needed. Also, huge quantity of batteries would be needed, leading to a short supply of materials. Huge quantities of steel would be needed to make new electrical machines to try to replace current oil-power machines. A minimum 50-year transition would likely be needed.

I am doubtful that this second approach would be feasible in any reasonable timeframe.

[9] Conclusion. Figure 1 seems to imply that the world economy is headed for troubled times ahead.

The world economy is a self-organizing system, so we cannot know precisely what form changes in the next few years will take. The economy can be expected to shrink back in an uneven pattern, with some parts of the world and some classes of citizens, such as workers versus the elderly, doing better than others.

Leaders will never tell us that the world has an energy shortage. Instead, leaders will tell us how awful fossil fuels are, so that we will be happy that the economy is losing their usage. They will never tell us how worthless intermittent wind and solar are for solving today’s energy problems. Instead, they will lead us to believe that a transition to vehicles powered by electricity and batteries is just around the corner. They will tell us that the world’s worst problem is climate change, and that by working together, we can move away from fossil fuels.

Again, the whole situation reminds me of Aesop’s Fables. The system puts a “good spin” on whatever frightening changes are happening. This way, leaders can convince their citizens that everything is fine when, in fact, it is not.

NOTE

*If the US Federal Reserve raises its target interest rate, central banks of other countries around the world are forced to take a similar action if they do not want their currencies to fall relative to the US dollar. Countries that do not raise their target interest rates tend to be penalized by the market: With a falling currency, the local prices of oil and other commodities tend to rise because commodities are priced in US dollars. As a result, citizens of these countries tend to face a worse inflation problem than they would otherwise face.

The country with the greatest increase in its target interest rate can, in theory, win, in what is more or less a competition to move inflation elsewhere. This competition cannot go on indefinitely, however, because every country depends, to some extent, on imports from other countries. If countries with weaker economies (i. e. those that cannot afford to raise interest rates) stop producing essential goods for world trade, it will tend to bring the world economy down.

Raising interest rates also raises the likelihood of debt defaults, and these debt defaults can be a huge problem, especially for banks and other financial institutions. With higher interest rates, pension funding becomes less adequate. Businesses of all kinds find new investment more expensive. Many businesses are likely to shrink or fail completely. These indirect impacts are yet another way for the world economy to fail.

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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3,147 Responses to Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005

  1. I liked Charles Hugh Smith’s post today:

    http://charleshughsmith.blogspot.com/2022/12/the-bubble-economys-credit-asset-death.html
    The Bubble Economy’s Credit-Asset Death Spiral

    Who believed that central banks’ financial perpetual motion machine was anything more than trickery designed to generate phantom wealth?

    Central banks seem to have perfected the ideal financial perpetual motion machine: as credit expands, money pours into risk assets, which shoot higher under the pressure of expanding demand for assets that yield either hefty returns (junk bonds) or hefty capital gains as the soaring assets suck in more capital chasing returns.

    As assets soar in value, they serve as collateral for more credit. Higher valuations = more collateral to borrow against. This open spigot of additional credit sluices capital right back into the assets that are climbing in value, pushing them higher–which then creates even more collateral to support even more credit.

    This self-reinforcing feedback of expanding credit feeding expanding valuations feeding expanding collateral which then feeds expanding credit has no apparent end. Modest houses once worth $100,000 are now worth $1,000,000, and nobody’s complaining except those priced out of the infinite spiral of prices and credit.

    I would add that falling interest rates greatly help this process. Rising interest rates tend to pop the bubble. Near the end, CHS says:

    In making the economy dependent on the financial sorcery of self-reinforcing credit-asset bubbles, central banks and all the greed-crazed punters who participated have guaranteed a self-reinforcing death spiral as the “virtuous” self-reinforcing wealth-creation machine reverses into a self-reinforcing wealth-destruction machine.

    • reante says:

      Yeah that was a great little primer on what to expect, thanks, though I expect he will come to regret his emphasis on symmetry.

      Here’s a likewise classic by Nicole Foss (Stoneleigh), for anyone interested. It speaks in part to inflation/deflation as monetary phenomena:

      “Mr North frames the dichotomy between inflation and deflation in price terms, which does nothing but muddy the waters. Those who argue for deflation (whom North describes rather contemptuously as “a tiny band of intrepid non-economists who have seen their founder’s prediction refuted by the facts in every year since 1973“) do so on the basis of inflation and deflation as the monetary phenomena they are, rather than as price movements.

      This is fundamental to the argument, hence attempting to refute that argument by deliberately using the terms to refer to something different is disingenuous. He does use the term ‘price inflation’ but does not make clear the importance of the distinction between price movements and changes in the money supply. Nor does he distinguish between prices in nominal terms versus real terms, which is vital to understanding what is happening to affordability.

      As we have consistently explained here at The Automatic Earth, inflation is an increase in the supply of money and credit relative to available goods and services, while deflation is the opposite. Deflation, moreover, is aggravated by a collapse in the velocity of money. Price movements are lagging indicators of monetary changes, but are also subject to a number of other drivers, such as scarcity and substitutability (or lack thereof).

      For this reason, price movements alone have no explanatory or predictive value. For instance, we have lived through a highly inflationary credit expansion over the last couple of decades, but prices have not reacted consistently. Some have risen, as one would expect, but others have fallen, due, for instance, to the effects of global wage arbitrage. For prices to fall in nominal terms during inflationary times, they must be
      going through the floor in real terms.”

        • Jef Jelten says:

          Even Nicole is confusing the truth here, although this was said some 13 years ago so she can be forgiven.

          There is one thing main thing driving prices higher and that is scarcity. Also monopolies/private equity consolidating and creating artificial scarcity and real price jacking up measures but mostly less of everything in circulation particularly finite natural resources.

          Every economist and wana be economist wants it to fit in the mold of excess money flows. This would be true except that 99% of the population do not have excess money, they have less and less money and it has been that way since 2007 or even further back.

          90% of the money printing that has indeed been going bulistic for decades has gone to banking/financial, multinational corporations, and wealthy individuals, NOT into the real economy where it would have generated classic inflation.

          Why is it that none of you can understand the simple facts as they are? There might be a tiny trickle down of money to the 99% but not even a tiny fraction of what it would take for the masses to be bidding up prices of anything. Someone show me I’m wrong….I’m not…everyone has less money not more.

          • postkey says:

            “The TRUTH about inflation & the battle for CONTROL”?
            “ [Inflation]. . . was actually another policy decision by
            16:23 the central banks the central banks did an operation that’s not very well known they forced the banks to increase Bank
            16:29 Credit in the real economy by purchasing assets from the non-bank sector which
            16:35 boosts and creates out of nothing new bank deposits which were then used largely for consumption where also of
            16:41 course government policy helped and accelerated this so the inflation in the 70s and our inflation since late 2021 is
            16:48 due to conscious policies taken by Central planners at the central banks . . . “
            https://www.youtube.com/watch?v=dSB2CHKtdwM

            “This inflation episode – like all the others – is to be attributed to excessive growth of the quantity of money (in the USA, the Eurozone, the UK, Canada and Australia), which was most marked in spring and summer 2020, but rolled on into 2021. . . .
            As already emphasized, the combination of money stagnation and persisting rather high inflation implies a squeeze on real money balances. A US recession in 2023 is now widely forecast, and understandably so.”?
            https://mcusercontent.com/78302034f23041fbbcab0ac6d/files/1654581b-22c4-332f-713c-7fac018a19f1/Monthly_e_mail_2211_Global_money_round_up.pdf

          • reante says:

            Jef

            If I showed you you were wrong, you wouldn’t listen. The reason you are alone on this is because you are ‘Left-earthing’ a technical conversation, on economics. You are doing a political interpretive dance off to the side of an economic conversation and expecting us to do the same interpretive dance.

            Few here, I’m guessing, disagree with your political beefs, Jef. I despise the trickle-down every bit as much as you do. I’ve made that abundantly clear here. But what you refuse to recognize with your TINA catch-all is that the trickle-down, as stratospherically unfair as it is, is STILL what maximizes working class material consumption. How can I know that? The historical record. Show me an independent economic ideology that has been able to match the working class material consumption levels of finance Capitalism. You can’t.

            Rapacious Finance Capitalism outcompeted all other economic ideologies because it is more powerful. It can can both steal more from the workers’ productivity and raise their standard of living at the same time. Presto magico. The downside is that burning your candle at both ends results in a shorter lifespan.

            Regarding scarcity. You want to ‘outdo’ everyone by (changing the context) and saying that it’s all about scarcity. And artificial scarcity. Your implication being that without the trickle-down pyramid schemers — the Elders — the scarcity and, hence, inflationary impoverishment of working people wouldn’t be there. That’s how you want to ‘outdo’ everyone in your ‘Left-earthing’ of their strictly economic conversation.

            I’m going to now outdo you because, to repeat myself from the other weak your old Leftist guard doesn’t impress me much, as an animist: ALL human conceptions of scarcity are artificial; all debt is based on artificial perceptions of an ecological scarcity induced by humans in overshoot; all of the debts of civilization, all the way back to the very first collateralized debt obligations –the sacks of wheat, the wives and children — represent the regarding of the ecology as a inherently scarce medium in which to exist. So the debt is the psychopathic mechanism by which the surplus society conspired to steal the future from the ecology.

            Relative to me, Jef, your ‘Left-earthing’ is totalitarian. Come down from your high horse and have an economic conversation in the trenches. Or don’t. But don’t put your Left Earth on us.

      • Thanks! I think that the thing Nicole Foss leaves out is that there are a couple of different ways that the additional funds can be made available, and a couple of different ways the funds can be distributed.

        Historically, the way the additional fund have been mostly created is by lowering interest rates and encouraging additional debt at this lower interest rate. This approach makes it easier to buy assets of many kinds, such as shares of stocks, farms, and previously built homes. It tends to lead appreciation all of these kinds of assets. A major result is that poor people are increasing left out of buying assets, such as homes. Asset owning people get richer at the same time, increasing their power and influence.

        If, on the other hand, the additional fund are to offset the effect of a shutdown in 2020, then there is a different situation. The money comes from additional government debt at a similar (or higher) interest rate. The shutdown means that workers are tending to make fewer goods and services. At the same time they are receiving payments at a level closer to what they would be receiving if they were working, clearly leading to a mis-match.

        In this case, a much higher amount of money is chasing a close to fixed supply of housing, plus a close to fixed supply of food and energy products. Commodities are likely to be affected by inflation because citizens will have funds available, but many of the products they want are not available in the quantity they want and can afford. (Empty shelf problem.) Home, farm and stock prices also tend to rise because their supply is close to fixed.

        • reante says:

          Thanks Gail.

          In this post Nicole was talking about deflationary spirals post- Minsky Moment and not the secular deflationary undertow they’ve been battling ever since peak conventional crude production.

          To your first point regarding the lowering of rates, she addressed the real rates of such financial policy during a deflationary spiral beginning with this quote:

          “It is, however, real interest rates that matter, not nominal rates. Money offered at zero percent interest in nominal terms is not free if the effective money supply is contracting, as the real rate of interest is the nominal rate minus negative inflation.”

          Your second point is a really nice description of the dynamics of the plandemic policy, thanks for that!

    • Fast Eddy says:

      Superb article.

    • Ed says:

      Mongolian coal for the Mongolians. Mongolia needs its own Trump. Mongolia first!

      • Withnail says:

        Mongolia can keep the coal but then it won’t receive any goods or food. It’s a two-way thing.

      • Well, it had its trump, called temujin, about 800 years ago. The result was not too great for most of the world.

        • Cromagnon says:

          What do you think the ultra elite of dozens of middle eastern cities thought when the horizon started to go black with the dust of the Mongol armies approach?
          When they where marched out through the burning and shattered gates of their walled paradises and decapitated along with literally thousands of their peasant underlings.
          Do you think as the smell of horseshit and human blood hit their nostrils for the last time that they felt superior to the rising mounds of heads to each side of the cutting block.
          The demiurge of this world is inquisitive, but it plans to send everyone back into this farce regardless.

          • Fast Eddy says:

            And the doomie preppers believe they’ll be left alone to till their veg patches … hahaha

            They’ve been lulled into this by a lifetime of leisure and peace afforded them by fossil fuels and civilization

            You just watch how quickly humans regress to a state of utter barbarism within hours of the power going off.

            It will be like flicking a switch and Mr DNA will come out to play… there will be no more of this phony ‘hi how’s your day going’ bullshit.

    • Police find that they need to use force to shut down protests in many parts of the world: China, Canada, London, France, Italy, New Zealand and Australia. Also Mongolia.

      • Cromagnon says:

        The age of the barbarian is almost here.
        I don’t really think that even informed moderns can grasp just how fast this thing called modern civilization is going to implode as the critical frictions of commerce, energy availability and perhaps most important “ reasonableness “( that genetically, derived psychological trait allowing people to get along) dissolve!

        The era of the warrior cults is arriving. The veil bringing Freya, Baldur and their like into this realm is thinning.

        The similacrums creator is going feast on the millions of souls pouring into his realm.

  2. Jan says:

    Industrial producer prices in the Euro area increased by 66%.

    https://tkp.at/wp-content/uploads/2022/12/Presse-PPI-Eurostat.pdf

    • Wow! I notice in looking at the link that this relates to the energy sector only. “Prices in total industry excluding energy increased by 14.0%.” Still pretty awful, year over year, but not as bad as the 65.8% for energy.

  3. Herbie Ficklestein. says:

    Manufacturing orders from China down 40% in unrelenting demand collapse
    PUBLISHED SUN, DEC 4 2022
    Lori Ann LaRocco
    U.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse.
    Asia-based shipping firm HLS recently told clients it is a “very bad time for the shipping industry.”
    China to U.S. container volume was down 21% between August and November.
    Chinese factories are shutting down two weeks earlier than usual ahead of Chinese New Year.
    HLS analysts are predicting a further 2.5% decline in container volumes and a nearly 5-6% increase in capacity in 2023, which will continue to negatively impact freight rates in 2023.
    “The container shipping market will be further complicated by economic uncertainty, geopolitical concerns, and also the increasingly heated market competition,” HLS wrote.
    OL USA CEO Alan Baer tells CNBC that there are some early signs of an inventory correction. Overall business volume and order flow out of Asia continue to be muted as carriers cancel more vessels, and there is little upside momentum leading into Chinese New Year. But Baer said, “Space has already tightened, so while demand is soft, space may be at a premium in January and throughout Q1. On the plus side, inventory depletion and the need to restart the order and delivery cycle appears to be inching upward.”

    Well, Gail may be correct in the splitting of the world in two trade blocs!

  4. Rodster says:

    “Video: Pfizer’s “Secret” Report on the Covid Vaccine. Beyond Manslaughter. The Evidence is Overwhelming. The Vaccine Should Be Immediately Withdrawn Worldwide”

    https://www.globalresearch.ca/video-pfizers-secret-report-on-the-covid-vaccine-beyond-manslaughter-the-evidence-is-overwhelming-the-vaccine-should-be-immediately-withdrawn-worldwide/5780561

    • Rodster says:

      It’s really tough to refute what Prof. Michel Chossudovsky presents in this 23 min video.

      • reante says:

        Good ole Michel. Always liked him better than Pepe. Pepe was always way behind the curve WRT conspiracies. I was actually ‘pleasantly’ surprised when Pepe got ‘red-pilled’ (purple -pilled really so ultimately unpleasant).

        Michel’s legal argument WRT manslaughter and murder is easy to refute: Pfizer has indemnity. End of discussion. The problem with anti-imperialist leftists is their eternal struggle with reconciling true justice with imperial injustices.

        I find Michel’s call for, essentially, a UBI for all vaccinated people most absurd (and undercharacteristically capitalist), not to mention stupidly divisive and politically regressive and economically imperialist seeing as how we live in a zero sum game now and, say, poor Africans not only wouldn’t get shit they would in fact get further impoverished by a worldwide class-action lawsuit.

        • reante says:

          Didn’t finish that sentence.

          When Pepe got purple-pilled BY THE PLANDEMIC.

        • Tim Groves says:

          As I understand it, indemnity is protection against liability for possible damage or loss. Pfizer has that due to its contracts with governments. Indemnity is not protection against being prosecuted for crimes. So IMHO Pfizer can still be prosecuted for manslaughter and murder and potentially found guilty.

          Moreover, fraud vitiates everything, so if Pfizer can be proven to have committed fraud in, say, the vaccine trials, its indemnity re. vaccine harms would be invalidated and its liability protection would evaporate — poof — like a line of chopped cocaine up Hunter Biden’s left nostril.

          However, since the owners now control almost everything including the courts, the police and the congress, I doubt if if any such prosecution will happen. We must look elsewhere for justice.

        • Bobby says:

          You can pay a UBI, but that doesn’t mean it will provide anyone the ability to obtain all the goods and services they need If you think about it, and we’re heading into energy scarcity. In that case, UBI based on fiat is a great way for incumbents to maintain the image of a just and fair welfare society, while collapse is in progress
          ‘Well we tried, don’t blame US‘

          We need a currency that is a direct transferrable ‚unit of energy‘

    • Of course, the bad death and adverse reaction impact of the vaccines has have been evident for quite a while. Also, Pfizer’s criminal conviction with respect to false marketing in 2009 has also been known.

      In my opinion, our current problem is related to the opioid crisis, in which big Pharma made money while killing off many people with pain problems. In that case, there was the profit motive for the pharmaceutical companies, besides big donations from the Sacklers and the Koch brothers.

      https://www.timesofisrael.com/sackler-money-tied-to-opioid-crisis-complicates-donation-policies-for-museums/

      https://www.thenation.com/article/archive/whos-scamming-veterans-now-why-its-the-koch-brothers-of-course/

      I don’t think that big financial awards can be received as a result, however.

  5. Student says:

    (Splash – marittime news)

    ‘Tankers in unknown territory as Russia bans start’

    An excerpt:

    ”After a few days or weeks, the situation will settle down, Poten suggested, with the likely knock-on effect that there would be greater tonne-mile demand in 2023, with Russian crude heading to Asia and Europe sourcing the fuel from further away.

    According to S&P Global Commodity Insights, Russia’s seaborne crude exports to Asia increased by around 31% year-on-year to an average 1.6m barrels per day in the first 10 months of 2022. While China’s seaborne crude inflows from Russia surged by 36% year-on-year to an average of 780,000 barrels per day in the January to October period, India’s buying from Russia jumped to 450,000 barrels per day during the same period, compared with 90,000 barrels per day in the same period a year earlier.

    “For Russia, China and India are likely to become even more important as markets for exports,” commented Ulf Bergman, senior economist at chartering platform Shipfix.”

    https://splash247.com/tankers-in-unknown-territory-as-russia-bans-start/

    • As China and India become more important export destinations, this means Europe will increasingly be left out. I expect that this will hurt Europe.

      • Student says:

        Linked to that issue, I found an excerpt on a Swiss article, which is very funny about India, because India actually needs to import oil from Russia, while in the article they reports the following:

        ‘According to Gautschi, there is not too much to worry about (for Switzerland), because the missing raw material (oil) will come from elsewhere, and supplies will be made up mainly by the United States and Gulf countries, possibly even INDIA.’

        INDIA ! Which means that Switzerland (and probably also other EU Countries) will buy Russian oil through an intermediary Country, which will surely will add its profit margin on it 🙂

        https://www.rsi.ch/news/svizzera/Price-cap-sul-greggio-lievi-aumenti-in-Svizzera-15834577.html

    • Student says:

      About oil price cap at 60 $ for Russia, I would like to add that, in my view, it was a tactical action from EU+US to set a good and high price for Russia in order to let it jump in the business framework, like entering in a swimming pool.
      Once you swim, in case it changes, you cannot stop doing simply because the price is not anymore good for you.
      And I think that Russia has understood it, that’s why it has decided not to accept the price cap and refuse orders from those who apply it, since the beginning.
      Let’s see.

  6. Fast Eddy says:

    COVID-19: My Final Hypothesis
    Main insights from 30 months of analysing mortality data and scratching the surface of epidemiology, virology, immunology and geography!

    https://metatron.substack.com/p/covid-19-my-final-hypothesis

    • Tim Groves says:

      An excellent Substack writer. This one has lots of graphs.

      The “final hypothesis (subject to change if new information comes to light!), based on in-depth analysis of COVID data, mortality data, and supporting science, is as follows:

      1. People die.
      2. People die more frequently at certain times of the year.
      3. Periods of higher mortality are typically associated with the prevalence of influenza-like pathogens (ILPs2).
      4. ILPs are present all year round but may lie dormant in some hosts, reactivated at certain times when their immune systems are relatively weak.
      5. ILPs impact the population (in terms of infections and illness) as a constant battle with the host population’s immune system and their metabolic health to fight off infection and disease progression.
      6. The battle between ILPs varies mainly due to variation in levels of immunity of the host, and to a lesser extent due to variation in pathogenicity of the ILP (not least because nature logically selects for the most transmissible, least virulent mutation).
      7. Immunity levels are a function of multiple factors but they are all related to age, general (metabolic) health of the host (which in turn is related to nutrition and stress), and the physical environment.
      8. COVID exists (but isn’t really novel).
      9. The virus that causes COVID (SARS-CoV-2) was re-engineered in a lab to make it more infectious (the latter part being its only novelty).
      10. It is impossible to suppress the spread of a respiratory pathogen to the extent that community spread has a positive impact on severe outcomes, including death, without total isolation of every member of society. Thus, I acknowledge the theory of transmission but surmise that no lives were saved by non-pharmaceutical interventions, not even in the immediate term.
      11. If COVID had been treated like all other ILPs (anti-virals, nutraceuticals, social care), the overall excess mortality would not have been unusual.
      12. Acute spikes in excess mortality are due to a myriad of causes, substantially how the vulnerable/susceptible are treated (or not!), and not as a function of the amount of ILP circulating in the community (although some has to be present, which it always is).
      13. Excess, non-COVID mortality arises directly from futile interventions designed to mitigate the spread of the ILP, including disruption to healthcare provision and inappropriate medical treatment.
      14. The mRNA “vaccine” is not Safe or Effective™.
      15. The mRNA “vaccine” causes immunosuppression (or sub-optimisation of the immunological response), leading to increase in infections and progression to severe disease (see #5 and #6).
      16. If you really wanted to “save” public health systems and avoid untimely deaths, you would tackle a heterogeneous problem like COVID with a heterogeneous activity – protect the vulnerable from exposure to the ILP and do things to improve their immune systems if it’s even possible (immunosenescence probably cannot be overcome) – see #1.

      • reante says:

        Thanks Tim.

        Take away the ‘germs’ in all those data points, and substitute “healing function” for “immune system,” and what you are left with is the Terrain.

        • Tim Groves says:

          You love your Terrain, don’t you, reante?

          By the way, Mrs Tim has come down with a virus — or is it a detox? She’s had a high fever, a sore throat, cough, and loss of sense of smell.

          Sounds like possible Omicron. Or just a cold that has gone to her chest. Or the same nasty flu that we both caught a year before the pandemic. She rates that one as about ten times as bad as the present one.

          Anyway, we are on Day 4 and she is feeling much better. But in the COVID age, you can’t be too careful.

          Meanwhile, I’ve been breathing the same air as her all the time and I haven’t had a sniffle this time. My immune system — or if you prefer it, my healing function — is operating on all cylinders.

          • reante says:

            Yes, Tim, I love Creation. The more we love it, the more it loves us. The more we defy it, or the more that our recent ancestors defied it — whether due to volition or circumstances beyond their control — the more healing/suffering we are in need of. That’s Life.

            It’s Mrs Tim’s healing function that is operating on all cylinders right now, and not yours. Your detox requirements are obviously not in the same ballpark as her requirements right now. The idea is to try to keep it that way.

            Thanks for sharing.

            • Fast Eddy says:

              this terrain thing has the whiff of 1700’s blood letting … when I lived in Bali I recall a friend telling me about a new healer he’d found – apparently this one used spoons to remove the bad energy from your body and heal you…

              People will believe anything .. and make up shit to support their nonsense … and ignore logic and facts

            • reante says:

              Little Eddy there are many things you don’t understand. Modern hospital medicine still uses traditional bloodletting practices to this day, with the use of leeches, and has invented an industrial bloodletting machine with the dialysis machine. I’ll give you three guesses as to the healing function of bloodletting because I know that you’ll need them.

      • drb753 says:

        I usually take your (and a few others) word seriously, but why should I click on something that discusses issues so passe’ as vaccine deaths? We knew already in May 2021. and with all that is happening in the world right now, that 6 or 7 percent extra mortality is both small and well in the past.

        • I am not sure the 6% or 7% excess mortality is well in the past. For one thing, we have not had a Northern Hemisphere winter to test out how high the excess mortality really is. For another, it takes a while to get good excess mortality data.

          Part of the excess mortality (especially in the Under 45 years of age group) seems to be the higher mortality that comes from giving mRNA vaccines. Just stopping the vaccines would seem to bring down the excess mortality rate. In fact, people are not jumping on the bandwagon to get the new bivalent vaccine, I understand.

        • Tim Groves says:

          drb753 – good point! This is old data. The only thing I can say in its favor is that there is a lot of “factoid information in there, and by reading various people’s writings it sometimes throws light on other things that one has come across before and helps one to sort out the wheat from the chaff.

          I myself have signed up for so many substacks that my email inbox is overflowing every morning with information far too technical for me to fully comprehend. I can’t possibly read all that stuff. But on the plus side, it clears the fog in some areas even as it creates more fog in others.

      • Fast Eddy says:

        17. norm is a NOF and an example of how it is impossible to turn a Pro Vaxxer.
        https://www.tiktok.com/@tiktokrachelreenstra/video/7052092917552516398

      • Bobby says:

        Which immune organ shrinks with age?

        The thymus !!! is special in that, unlike most organs, it is at its largest in children. Once you reach puberty, the thymus starts to slowly shrink and become replaced by fat. By age 75, the thymus is little more than fatty tissue.Jan 18, 2022

        https://www.endocrineweb.com › o…
        An Overview of the Thymus – EndocrineWeb

    • This is a very fine post by Joe Smalley. I highly recommend it. Tim Groves has highlighted its main points.

      A major cause of the excess mortality at first was simply poor treatment of what is basically an Influenza Like Virus. Gradually, damage to immune systems was added, thanks to isolation and the so-called vaccines.

      I would add that these “vaccines” don’t prevent a person from catching the virus. They act more like the shots used to stop allergic reactions; they stop a person’s body from trying to expel the virus. They do make the symptoms less severe. Using this approach does, indeed, reduce deaths in those most likely to die from the illness. But at the same time,

      1. Vaccinated people tend to build very poor immunity to the virus. The symptoms are less, but they still catch the disease.
      2. Doing widespread vaccination leads to an army of vaccinated people who may not even realize that they have the illness, but are yet infectious. These people become the unknowing spreaders of disease.
      3. Repeated vaccination tends to damage the immune systems of those who are vaccinated.
      4. Keeping the disease around using this approach tends to lead to endless variants, for which the vaccines are less and less effective.

      • Fast Eddy says:

        I don’t think he goes far enough.

        He needed to mention how the injections were man made for the purpose of exterminating humans before the global economy collapses (due to cheap energy depletion) and we enter the ROF phase.

        He also should have mentioned how the UKE war is cover for energy inflation.

        He’d lose a lot of his followers if he went down that path though.

        Nobody wants the truth.

        • Tim Groves says:

          I can see why Norman is keeping mum. It’s due to self-interest.

          If 80% of the other old codgers in the UK are wiped out before their time, the Prudential will be able to afford to keep shelling out for Norman’s handsome pension.

          Every cloud has a silver lining.

      • Bobby says:

        Some medical specialists have claimed the injections force the body to express the covid genome and potentially mutate the cells of the vascular system in-particular.

        The claim is the mutation adjusts the phenotype structure of the blood and the endothelial single cell layers lining blood vessels.
        The expression of the covid proteins may cause cell damage and impede blood flow, because the endothelial cells and blood cells form unnatural proteins on their cell walls, creating a mechanical ablative effect and mutual damage (or micro contusions).

        If in addition, injections undermine the immune system as well, they are not really vaccines at all, indeed if they increase immunosenescence they in fact speed up the dissolution of the thymus so a person dies sooner than they would have naturally.
        Ironically, if there is a delay between injection and impact, actual premature death could then be misidentified as ‘natural causes’, thus making it difficult to pin covid 19 injections as causative factors.

        Older folks already likely have a reducing thymus, that is most are already in immunosenescence. If the injections cause the thymus to make ineffective antibodies, they would therefore waste the little natural resources older people have in reserve.
        Their thymus would become a husk of fat sooner and the’d die when they no longer had the capacity (of a functional thymus) to make antibodies to new novel pathogens.

        Younger people, like our children, would have more reserve, yet the impact of the continued genetic interdiction would likely reduces overall lifespan and resilience. Their thymus would be forced to burn through resources needlessly making antibodies that don’t work, while their own cells machinery is forced to make the pathogen at a genetic level for the rest of their lives, insuring it’s systemic presence, as well as vascular risk, and so creating a negative vicious feedback loop.

        The emerging energy crisis will challenge many peoples ability to keep warm over winter and negatively impact food security. these are essential to prevent immunosenescence.
        If other needless stress, like war and economic destruction are added, then any factor or combination can be highlighted as the primary causative of premature death.

        It is difficult to not see the injections as an evil act.

    • Herbie Ficklestein. says:

      By David Morgan and Jeff Mason
      WASHINGTON (Reuters) – President Joe Biden’s administration is mulling a proposal from Republican leader Kevin McCarthy to repeal the U.S. military’s COVID-19 vaccine mandate, the White House said on Saturday.
      McCarthy, who is vying to become speaker of the U.S. House of Representatives, earlier told Fox News he had won bipartisan agreement to lift the mandate at a White House meeting with Biden, Senate Majority Leader Chuck Schumer, House Speaker Nancy Pelosi and Senate Republican leader Mitch McConnell.
      McCarthy said it would be repealed as part of the must-pass $817 billion National Defense Authorization Act, or NDAA, an annual bill setting policy for the Pentagon that is expected to pass the Senate and House of Representatives this month.
      But the White House said Biden had agreed only to consider the idea.
      And
      Military.com
      The COVID-19 vaccine mandate is contributing to the military’s recruitment troubles, the top general in the Marine Corps said on Saturday.
      Speaking during a panel at the Reagan National Defense Forum in Simi Valley, California, Marine Corps Commandant Gen. David Berger defended the vaccine mandate as a necessity for keeping the force healthy. But he indicated the mandate has posed problems for recruiting in pockets of the United States where vaccine misinformation is prevalent.
      See Eddy…it’s vaccine misinformation…watch out my friend

      • Fast Eddy says:

        Isn’t it fascinating how they repeal mandates after almost everyone is already injected hahaha

        And that’s a victory for the anti-vaxxers

  7. Fast Eddy says:

    Hoolio Update – he’s up on the ironing board again …

    https://i.postimg.cc/k5pbD0cQ/Hoolio-on-the-Board.png

  8. Fast Eddy says:

    One of our fully boosted staff …. has the Vid… and is ‘very sick’… of course it would have been much worse without the injection.

  9. Fast Eddy says:

    Fake https://t.me/downtherabbitholewegofolks/58649

    Does anyone see a problem with offering her a way out? It should be standard operating procedure — look at the size of her — why should people pay taxes to keep that diseased beast alive? Think of the energy savings — that we can Jevons Paradox into 30 more years for the unvaxxed https://t.me/downtherabbitholewegofolks/58651

    Another doc dead haha https://t.me/downtherabbitholewegofolks/58668

  10. Fast Eddy says:

    A mate of mine went to Bangkok for a hockey tournament – tests + at the HK airport on return… but gets the result the next day… told to stand by for The Van to take him to isolate in penny’s bay. Van doesnt show

    Next day 3pm – van will come at 5pm – it did.

    Each day there he did RAT again – always negative — still had to stay the full week.

    Conditions:

    [11:43 am, 5/12/2022] The accommodation was terrible. No internet (used my personal hotspot from phone to access WiFi). No towels to use for shower (just one face cloth). Terrible bed (plywood with a plastic covered very thin piece of foam rubber), one sheet for mattress cover, one sheet for top sheet. No blankets.

    [11:43 am, 5/12/2022] : Food was lunch box.

    [11:44 am, 5/12/2022] Rice/noodles for breakfast, lunch & dinner.

    [11:44 am, 5/12/2022] Could not have anything delivered to room, so had to eat what they gave me.

    [11:45 am, 5/12/2022] On Sunday was released and they took me to Tsing Yi MTR Station and dumped me to get home.

    [11:46 am, 5/12/2022] It was hell….

  11. davidinamonthorayearoradecade says:

    Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”

    that would be the myopic view of an economist.

    notice that he couldn’t even conceive that a rapid decrease in “output” would do the same if the “quantity of money” didn’t decrease as rapidly.

    huh he must have been an “expert”.

    • postkey says:

      ‘Find out how Professor Werner was able to predict significant inflation to happen about now as early as May 2020, well before war, sanctions and energy ‘shocks’? ‘?

    • Jan says:

      Question of definition. Inflation probably starts with a high prices higher wages spiral.

      If just the PRICE of energy goes up, money will be redistributed, let’s say the rich get richer. Typical social democratic agenda – if one looks to the last years.

      If the PRODUCTIVITY of energy declines, meaning that the energetic investment into energy production raises, then economic data will not decline, the workforce will stay on the same level – but instead of fridges we are producing oil.

      It is hard to distinguish from the data we get.

      Not every jump in prices must be inflational, that is the message.

    • reante says:

      david

      If you think on it for a while longer you might see that you and Friedman are saying the same thing differently. You are both describing the same monetary phenomenon. Just because you are saying it from the ‘energy deflation ‘ perspective doesn’t change the monetary calculus which is that inflation is an increase in the available money supply relative to goods and services. Doesn’t matter whether it happens during organic economic growth or, now, contraction. Friedman was not wrong.

      • davidinamonthorayearoradecade says:

        I knew I was saying a similar thing but differently, that’s the point.

        so here’s the bottom line:

        I and many of us can see it from both sides, the monetary side and the energy side, while he could not see the energy side.

        he was not wrong, but only half right.

        blind as an expert bat.

  12. Fast Eddy says:

    I am not buying this – no need to go door to door randomly – they surely can quickly identify any phones that are using VPN and pin point them using GPS …

    https://t.me/TommyRobinsonNews/42649

  13. ivanislav says:

    The UK pland to transition away from fossil fuels by 2050. Here is the report – it looks pretty hand-wavy despite all the flow-charts and figures:
    https://www.repository.cam.ac.uk/bitstream/handle/1810/299414/REP_Absolute_Zero_V3_20200505.pdf

    “our energy supply will be 40% less than today”

    “the most challenging restraint is on the bulk materials used in construction, in particular in the absence of cement”

    • davidinamonthorayearoradecade says:

      if true, then there will be no UK in 2050.

      • Kim says:

        But there will be big growth opportunities in leisure, sports and the creative arts…

        Anyway, now I have given it a fair browse, what can I say but what an astounding pack of cynical lies. I actually feel personally insulted as I read it, to be treated like a simpleton who will accept anything he is told.

        And then I think, so are they going to continue to import 500,000 third worlders a year? Because if they don’t, who will pay the pensions, care for the elderly, and fill the engineering and medical schools?

        • Tsubion says:

          There won’t be any pensions and there won’t be any elderly. Problem solved!

          • Kim says:

            This is literally true. This document is a program for mass death.

            And the casual, insultingly stupid lies…

            There will be no more concrete produced after 2050 but that is okay, because we will be able to use clay instead – yes, they said it, right in black and white in the document – and because we will be able to recycle concrete using microwaves.

            So I searched for something on the internet about how microwaves might be used to “recycle” concrete (into what?). I found something japanese from 2014 which discusses how microwaves can dry concrete and cause cracks.

            “Using Microwave Heating to Completely Recycle Concrete”

            https://www.scirp.org/html/2-6702285_46338.htm

            I am pretty sure that drying concrete using microwaves would not be the only step in recycling concrete.

            And is it being “completely” “recycled” into what? Rubble?

            When did science become the new frontier in public lies?

            And then how is this recycled concrete to be moved because the document says there will be no more oil, coal, gas, concrete or steel produced or used in the UK by 2050.

            So no industries But also not problem because

            Leisure, sports, creative arts and voluntary work:

            These sectors can expand greatly and should have a central position in national definitions of welfare targets.

            I wonder what “voluntary work” will look in that 2050 landscape? Slave labor on public works programs for extra rations?

            This is a Pol Pot vision of the Uk of the future.

            At least Pol Pot perhaps had one thing in his favor: he executed the “intellectuals”.

    • I expect that energy supply will go down even faster than this report assumes: 40% less that it is today by 2050. The substitutes won’t really substitute. Lack of food will be a big issue.

    • Withnail says:

      “the most challenging restraint is on the bulk materials used in construction, in particular in the absence of cement”

      The last time we had an absence of cement was in 410 AD after the collapse of the Roman empire and the final withdrawal of all Roman forces from Britain.

      It was 265 years before cement was used again.

    • Disturbing! The first tweet is

      This is China’s largest isolation camp under construction… in the densely populated Guangzhou area… 🧐

      It has 246,407 beds… China is becoming a giant prison on a scale that the world has never seen before… why?

      • I AM THE MOB says:

        The US has more people in jail than China has in their Army.

        • Kim says:

          The United States has very, very different demographics. And i am sure that you know what I mean.

          • I AM THE MOB says:

            I didn’t say we didn’t (strawman)

            We have the most laws. Which is the main reason for our huge, incarcerated population.

            Just like we own the most guns which creates the most shootings.

            Just like we have a very divided country. And have 2 political parties. Imagine that?

    • Rodster says:

      That’s pretty funny because around 8-10 years ago, alternative media bloggers were saying how different governments around the world which includes the US were planning for FEMA style camps. It was all laughed at as conspira-see theory and here we are in 2022. Quite a number of governments have called for these types of camps for the unvaxxed.

  14. JesseJames says:

    Gayle, this is a very thorough (well it seems to be to me) with lots of valuable data on energy, minerals and industry. The basic premise is what we know…Europe is doomed unless they change alliance from the US to Russia. I wish I could get this in PDF form.

    https://www.leftbrainwave.com/2022/11/the-coming-european-economic-apocalypse.html#TOC2

    • davidinamonthorayearoradecade says:

      “I conclude that

      The war in Ukraine that started on February 24, 2022, is going to be the most consequential change in the world since the Second World War…”

      I agree.

    • I have been reading through at least some of this. Dr. Seshadri Kumar did a good job on this. I definitely agree with the vast majority of this including:

      If anything, what this exercise shows is that economic sanctions are fundamentally wrongheaded in an interdependent world. Still, whenever possible, I have shared export numbers from the OEC website in the discussion below. What I hope the reader takes away from this section is an understanding of how vital both Russia and China are to the world economy, and how many links in the chain they occupy. This is why the sanctions idea was stupid right from the start.

      It seems fairly plausible to me that this might happen:

      The US has already indicated that it will go to any lengths to achieve its goals. If things continue to worsen in Europe, there will be a trade war with China that will make Trump’s trade war with China look like child’s play. . .

      A trade war at this scale will have the following significant effects:

      –It will completely split the world into two camps: the American and non-American camps
      –The dollar will cease to be used outside the American camp
      –The rest of the world will move to a multipolar world order with a basket of non-dollar currencies
      –Every country in the world will have to choose a side

      Who will win this new Cold War? The answer is simple. The Eastern alliance has more natural resources and more people (for markets). The West relies on the people of the Global South to buy its products; otherwise it will collapse. A new Cold War will completely destroy Western industry. America may be the engine of innovation, but without people to buy its products, it cannot survive.

      A cold war seems quite likely. It is people with lower standards of living and resources who will win the cold war. So America could lose out.

      I am not really sure that anything can really help Europe. He finds a way out (somewhat):

      In a nutshell: Europe needs what Russia has (and what China has). It cannot do without those things. But Russia (and China) can do without what Europe has. They are self-sufficient. The financial impact of European sanctions on Russia is minimal. Therefore, economic sanctions against Russia (or China) will never work. But, because of the overwhelming dependence of Europe on Russian (and Chinese) goods, sanctions on Russia (or China) will utterly destroy Europe. The only hope for Europe to prevent a total economic catastrophe is to achieve an agreement with Russia that ends the current destructive sanctions as soon as possible, and at whatever political cost, including the abandonment of Ukraine and cession of Ukrainian territory to Russia. The longer this is postponed, the more extensive the permanent economic damage to Europe will be.

      If this happens, he thinks the US will attack. He says:

      This conflict has huge geopolitical implications for the projection of American military power beyond its shores, and the military-industrial establishment that runs the US cannot afford to give up its posture of power projection in Europe. Agreeing to a peace treaty on Russia’s terms will mean giving up the dream of American hegemony, which is completely unpalatable to the American establishment.

      What this means, in effect, is that if there is huge social unrest that threatens to upend the current establishment ruling Europe, the US will step up and intervene militarily to prevent regime change in Europe. The war must go on. Russia must be defeated.

      Will the US necessarily jump in? Maybe so, but “hot” wars are hard to fight today. The US would be more interested in Russia’s oil than helping Europe, in my way of thinking.

      • reante says:

        Thanks for summarizing, Gail.

        A lot of anti-imperialists are going to be pleasantly surprised when Tulsi Gabbard’ becomes the next and probably last POTUS. It’s going to upset their prognostications though. The idea that the US would military intervene across Europe in order to prevent the (elites’ engineered) national socialist ‘revolutions’ like what is already beginning in Italy, is ludicrous.

        Again, lack of incorporation of peak oil (fundamental energy dynamics) into one’s worldview results in ludicrous prognostications. Fiat prognostications.

        • Ed says:

          Tulsi sure is being pushed but a third party candidate will never win.

          • reante says:

            That’s what they want you to think, but all the metrics are pointing otherwise if you squint at them just-sio lol, or in my case, just see them for what they are. The two parties are imploding. We all see that. The Dems have zero future with Biden and Harris and Clinton and Obomber at the top. Already it has come down to Tulsi or Desanctimonious. Tulsi will easily split the MAGA bloc with Desanctimonious. Hell
            Trump will endorse her. Bernie will endorse her. A pincer movement. When Tulsi sits down with Putin during campaign season and ‘saves’ everybody’s asses it’s going to be a scriptural bookend to the day that lived in infamy during which she sat down with Assad. Game over.

            Remember that they had to change the rules on the fly to keep her out of the third democratic debate, because timing is everything. She blew everybody out of the water on google trends and probably only half of that was because of her physical beauty. Okay maybe 75pc. But attraction is attraction.

            We’re facing a structural sea change so the political structures must also undergo a related sea change. Civilization is an adaptive function in service of permanent cultural hegemony; maximizing hegemony is what matters most and not the cultural form it takes, for the form follows function. We can all see that the days of the neolib/neocon mass formation are numbered. Yet the Matrix is so powerful that at first it requires the suspension of disbelief to see beyond said mass formation that has dominated our lives so thoroughly since the days we were born.

      • banned says:

        No country is a island. If you sit on a mountain of unobtainium it is useless if it cant be traded.

        The USAs value was that of a trade facilitator. Its value filed under intangible assets. Intangible but very substantial. So substantial that it abused its gift killed the golden goose.

        If Ukraine stabilizes , Russia emerges unscathed, in the next decade the southern hemisphere will abandon american express and get a BRICS++ Visa. They are pissed at all the fees of American express to fund war. USA intangible value and the dollar will plummet exponentially adding to its abandonment as a settlement mechanism.

        Right now the global south is holding off on any big commitments while they see if mysterious bad things happen to Russia.

        The USA is truly stupid. You dont screw your customers thats to start. Where they are even more stupid is the situation is quite salvageable. The USA could join BRICS++ as a equal and rebrand. BRICS ++ represents probably the only possibility that would be viewed as trustworthy for USA rebranding. There is no rebranding the USA could do alone that would be trusted. Its not just commodities that the USA needs.

        When has the USA ever held to its promises? It broke every single treaty with natives it ever made. It broke Bretton Woods. It broke the promises made in 1991. It agreed to Minsk only to fortify. It broke the Iranian nuclear treaty on a presidents whim. Why would anyone trust the USA? Its worse than pirates of the carabian. treaties and agreements are “guidelines not rules”. The USA will only be trusted within the framework of internationally binding law with compensation for violations. Same as China. Discuss a new START monitoring agreement? Russia goes your kidding right? Were getting ready to kill each other and you want to play house?

        The world is not holding its breath for nothing. As it stands there can only be one children be damned. Polticians lie like pigs poop. Sweaty palms grasp karambits. The USA seems fundamentally unable to change course to a path that is of light with shared power. It pursues a dark path of unipolarity consequences be damned. It would seem it has no capacity to change and unfortunately it holds all nations fate in its hands not just its own.

        The USA still has immense bargaining power. It could enter a new relationship with BRICS++ and dictate much of the terms. What it can not dictate is that it continues to determine the whole worlds fate. It has completely abused that power that was given to it by the rest of the world after ww2. It has violated the trust of the world in manners that can not be repaired. In fact no single nation is fit to hold dominion over the others. In that deception lies the sin of exceptionalism.

        If it was not for nuclear and other new technology weapons the USA unipolarity would have been addressed long ago in ww3. If Ukraine stabilizes BRICS++ goes forward the USA will lose all of its intangible value. If Russia can be isolated its ability to trade limited it dies a slow death. Russias efforts to expand its trading to create a resilient structure (caspian, China overland, etcetera) are not insubstantial. These resilient trade networks will not be easily defeated through the same type of covert warfare we have seen in the past.

        What we have witnessed tho unaware of it, is the emergence of new warfare techniques and technologies that while still very kinetic do not need fossil fuel energy that is no longer available. Money from nothing and chicks for free. The technologies like all new technologies have large flaws and problems in their application. The thing we knew as war is gone. The new thing that is war is much much better and much much worse. Progress. Abomination. One delivery mechanism of one new technology weapon system has been demonstrated with a low yield genetically selective warhead. How genetically selective determines collateral damage. This is the exact same as evaluation of nuclear weapons kills and losses. Is killing 90% of the enemy worth a 50% collateral damage loss rate? How can the genetic selection be optimized for better yield? Now we have a alpha test so we can start to analyze the capability of the new weapon system with a degree of accuracy. A high yield warhead could be deployed in the future whats more important is a near fool proof delivery mechanism has been demonstrated. Very successful Alpha test. a substantial side benefit is hacking humans is now the norm and most likely will continue in innovative and yet undemonstrated ways. While a unqualified success this is just one demonstration of one new technology weapons system. The down side of course is the technology is revealed and can be used against you after time for reverse engineering.. You keep the lions share in reserve. Only the stuff thats really not goundbreaking gets revealed. You reveal to demonstrate capability and will in order to manipulate. Why risk your highly trained military personnel with injections? They are no longer relevant. Their value is as a meat puppet petri dish. Thats everones value. No more no less. Pfizer employees have no injection mandate. Duh.

        Why are the Russians being cautious in Ukraine? The new technology weapon deployment communicates all expectations for a continuance of only deployment of previously revealed weapons technology are suspect. Everyone is ready to open their own pandoras box. Even the bear is armed for bear. Ukraine could go bad beyond our wildest bad dreams. Every human in Ukraine could die. Every soldier deployed there could be a loss. Kill box. Believe me the slavic gene is mapped now. Its identical to the Ukrainian gene so thats unfortunate. But there will be no “oh it came from tasmanian skunks.” If a bug shows hypersonics fly. So not THAT technology. It doesnt matter. If pop tarts in the toaster pop unexpectedly thats it. This is concerning. Malone says the technology is accessible to any nation state or any large private enity. A third party releasing a bug in Ukraine would not be humorous.

        If the new technology weapon deployment was to intimidate Russia it has failed. Russia is going forward with what it needs to do to survive. Create networks of trade. Address security threats. It is a autonomous organism moving outside the wests control. Off the reservation. NS sabotage might be the final snarl of a dog before it bites. We find out soon. Isnt this fun!

        Tanks aircraft naval. Thats the equivalent of when soldiers used to stand in lines and shoot at each other in bright uniforms. You can say thats the rules but once the rules are broken changes occur. Those changes may suck even for the party that broke the rules but they will occur. Why did the pros at ECOHEALTH alliance head for shacks in the hills when covid broke? They thought it was for real not a alpha test.

        There could be dozens or even hundreds of changes occur with introduction of new technology weapon systems all at once. Multiple new principles with multiple deployments and really a rather simple and easily achieved goal. With Russian and USA understanding of physics differing my guess is it will be over before even the first copy of the enemy’s technology via reverse engineering will occur. Thats why any analysis of survivability is total crap. Were a clever species. Everyone dead. Boom. The cleverest species ever! Just too many vectors of completely different hidden progress and innovation in weapons technology created by massive resource allotment. Compartmentalized and unaware of each other.

        The USA can save the world by embracing truth. It can actually be the hero it thinks it is. It is a quintessential moment that determines the qualities of its essence. The gravity of the consequences render past actions irrelevant its character is decided now. Lies flow from the politicians and MSM like shit from pigs instead of the some fundamental expression of the character of the people. IMO humans are fundamentally the same everywhere. Greed exists. Exploitation exists. Some embrace this as reality. The silent majority just want a life. A family. To work. To create. To live a honest life and death. Yet it seems the silent majority are not represented in the decision before us. That their will is not demonstrated seems the cruelest irony since the decision is one of apocalypse and ending. All people are created equal. A fundamental of the USAs principle. Are we up to actually practicing what we preach or are we just shadows seduced and owned by power?

        I still hold hope for a miracle. The truth of the beauty of this world.

        “I aint got nothing against those viet kong”

        Mohamed Ali

        • You make many good points. The US, in theory, could come out reasonably well if it allies itself with the right allies.

          I expect that the US might have to first throw off some unneeded parts, however. It cannot really support the woke establishment in parts of its economy that are already in an energy deficit position.

        • ivanislav says:

          We can’t even beat naturally arising multidrug-resistant bugs, now all of a sudden we have biological wonder-weapons? No.

          Most of what I’ve seen from DARPA-affiliated researchers and academia more broadly is grand promises made to secure funding, followed by unimpressive results.

          • banned says:

            https://www.semanticscholar.org/paper/How-Our-Neanderthal-Genes-Affect-the-COVID-19-Iran-Mortazavi-Kaveh-Ahangar/36d05225b6617846f04e9508ad60cf4273322a2f

            What does “beating” bugs have to do with weapons technology? Were not all operating nuclear flying cars but the military has a extensive nuclear arsenal. Any punk can destroy it takes talent to heal so its much rarer. “beating” bugs is a lot more tough than creating them. Thats why the bugs must be genetically selective in their design. When you release tigers they best have a larger appetite for the enemy than you.

            Certainly you can admit that tailoring bugs to genomes is largely the focus of this technology?

            Now add in resource allocation that seeks destructive technologies urgently as fossil fuel resources deplete. Since technically bioweapon proliferation is illegal it needs a cover and that cover is medical. Same as it ever was in spook world. No not much progress gets made in the faux cover purpose. If the injections dont demonstrate that to you Im afraid you are afraid to look at truth in totality because of career implications. Thats ok I still appreciate you and your posts! Its not easy to toss a perfectly good career.

            That the origin of Sars cov 2 is still debated is hilarious. Maybe around 2050 they will start to take a look at Omicron. Maybe around 2100 they will consider whether multiple sources exist for bug creation and their motives are differing and unknown- if our species is not extinct. The cat is out of the bag. Genetic tampering technology can not be controlled anywhere near the degree nuclear weapons technology can be. The human genome as it exists today will almost certainly be extinct long before 2100 as the power of CRISPR technology comes to bear. I thought the semi conductor was THE innovation of the 21rst century. Just goes to show you how often Im wrong! CRISPR may dwarf both semiconductors and splitting the atom. THe age of the hackable genome. No Leroy is not going to do it moms basement but it maybe as little as a million dollars would do it. Maybe if Leroy diligently saves his taco bell wages? The easier solution student loan and enroll in NC chapel hill.

            • ivanislav says:

              The paper isn’t worth the didley squat. They arbitrarily picked Neanderthal gene prevalence as the distinguishing factor, but could have just as well picked population density, diet and nutrition, or any other gene clusters. And limiting their dataset to two countries when there are hundreds more is ridiculous.

              Anecdotally, the person with the highest degree of Neanderthal genetics in my family had the easiest time with Covid, despite otherwise being in an at-risk group.

              Finally, yes, bio-nanotech will be enormously important if its development isn’t thwarted by resource depletion or made irrelevant by AGI. On that, we can agree.

            • banned says:

              Nice deflection and avoidance of the issue. These technologies at their basis are configured around genetics. Bugs most certainly can be created that are selective genetically. You dismiss the paper and then support that dismissal with a single sample anecdotal evidence and call that professional? Your just like the Fauci crowd. Your scared that the weaponization of the technologies will taint your profession.

              Instead of being honest about the technologies can be used you are adopting nonsensical arguments. Your threataned by the truth here. You poo poo the DARPA and DTRA militarization of the technology. Do you think gain of function is a legitimate research? I dont think your objective. Iran by all accounts got hit much harder from sars cov 2 and gain of function clearly has capabilities to target genetically. You dismiss the genetic conclusions out of hand but your not even going to comment on the underlying metric that there were 33000 deaths (probably radically undereported) in Iran and zero deaths in mongolia? Over and over again we are told how these technologies have the cabability to correct genetic flaws but when those same capabilities are discussed as quite obviously having targeting applications as weapons all of a sudden anecdotal single cases are brought forth to try to close the case?

              Ah yes diet or phase of the moon. The inherantly genetic nature of the technologies suddenly a non topic. Are you a honest person? Im begining to have doubts. You have represented yourself as a extremely well informed individual but you seem to be denying the genetic nature of these technologies and with arguments that are supported by nothing. If you have any serious argument that these technologies can not be used for selective genetic targeting Id like to hear it. You wont make them because thats not the truth. Every single piece of evidence from the basis of these technologies function to the patents asserts that they are genetically selective.

              You certainly may believe that these technologies are not being weaponized contrary to the facts regarding dual usage funding but to deny that they can be used as a weapon and that function can be targeted genetically is not the truth. If you wish you can provide evidence to the contrary and i will provide evidence that supports every single one of the assertions I have made. Considering the stigma that will follow if it becomes clear that these technologies were weaponized is it not in the interest of every professional to be honest as possible in these matters?

              Sorry take two aspirin and call me in the morning is not going to make these issues disappear. You seem like a decent chap. Contemplate it.

    • Mirror on the wall says:

      “I wish I could get this in PDF form.”

      Google: convert html to pdf online

      • JesseJames says:

        Thanks Mirror….while I have technical expertise in several areas, I do not claim to be an IT wiz.

  15. Fast Eddy says:

    It’s accelerating!!! Weeeeeeeeee… Weeeeeee… Weeeeeeeee…. Fast Eddy wants to go faster hahaha push … faster …. hahaha

    Alarming Cancer Signals Post-Vaccine Rollout: They’re Coming in from ‘Left and Right’

    “I got a call from a an OB/GYN [from a highly-jabbed state],” shared Dr. Ryan Cole (https://www.rcolemd.com/).

    “She said, ‘Is there a better system than VAERS? Because I am seeing leiomyosarcomas (smooth muscle tumors) in the vaginal tract and in the uterus at rates I have never seen in my career.'”

    Full Interview: https://www.redvoicemedia.com/2022/12/foot-long-blood-clots-from-mrna-dr-drew-interviews-pathologist-dr-ryan-cole/ref/8/

  16. Fast Eddy says:

    Obviously a heap of shi t— yet the herd will believe this is the intention

    https://nakedemperor.substack.com/p/france-bans-short-haul-flights-agenda

    Just like all cars will be EV by 2035

    • Short haul commercial flights in the United States have largely disappeared. Airlines have found that the economics of long-haul flights are much better than those of short-haul flights. Also, requirements to “get to the airport two hours in advance” discourage people from getting a short flight. They could just as well drive.

      There are smaller airports that host smaller planes and non-commercial flights. These likely do fly shorter distances. Also, in Alaska, where the road network is very incomplete, air flights are used because ground transportation really isn’t available (except by dog sled).

  17. Fast Eddy says:

    as you see norm … you open yourself to more abuse the more you post… I assume you enjoy being the butt of endless jokes

    We don’t toss you out like they do in the pub

  18. Fast Eddy says:

    Fast had to go to Bunnings to return a camping cooker .. and to get stain for a peeling door … then to the Dumpster out Back of the Mall to steal some used cardboard boxes for weed suppression — I was thinking there’s no SSS Out Back and many dumpsters.. could be a lucrative opp for her…

    Steve Kirsch might be looking for a bit of woomping while in town.

    BTW – I didn’t run into him…

  19. Fast Eddy says:

    Wat’s the most shocking thing a doctor can tell you?

    Sorry but you have cancer and you have only a few months to live.

    BOOM. Now we have evidence… (beyond the anecdotal)

    URGENT: Cancer dramatically increasing, remission failing and metastasis exploding! This is linked to the roll-out of the COVID gene injection vaccine? Then vaccine MUST be stopped! NONE in children
    Evidence? Is the rise linked to COVID gene injection vaccine? Seems so, temporally at the very least. Yet folk like Ryan Cole says 100% so! See below, read Dr. Angus George Dalgleish’s letter to BMJ

    Is early- onset cancer an emerging global epidemic? Current evidence and future implications

    “A study by researchers from Brigham and Women’s Hospital reveals that the incidence of early onset cancers — including breast, colon, esophagus, kidney, liver, and pancreas — has dramatically increased around the world.”

    A new review of cancer registry records from 44 countries found that the incidence of early-onset cancers is rising rapidly for colorectal and 13 other types of cancers, many of which affect the digestive system, and this increase is happening across many middle- and high-income nation

    2)Harvard: Dramatic rise in cancer in people under 50

    3)As an Oncologist I Am Seeing People With Stable Cancer Rapidly Progress After Being Forced to Have a Booster

    see Gateway Pundit:

    Renowned Oncologist Sends Urgent Letter Calling to End COVID Vaccine Program Immediately as Cancers and other Diseases Are Rapidly Progressing in ‘Boosted’ People

    https://palexander.substack.com/p/urgent-cancer-dramatically-increasing

  20. Fast Eddy says:

    https://www.zerohedge.com/geopolitical/quinn-we-are-trapped-truman-show-directed-psychopaths

    https://t.me/DowdEdward/1661

    The thing is …

    Humans are both stooopid and dangerous… particularly when they form mobs…

    Because they are so easily controlled they MUST be controlled.

    One way or the other they will be farmed – they have always been farmed.

    It’s not easy to farm vicious beasts … billions of them.

    There needs to be some form of control. And there has been – never tell them the truth – create a completely fake world — a happy world filled with concerts and sporting events and Tee Vee and so on …

    They love it!

    There is no viable alternative to what we have. The animals have no interest in anything else… they love social media and 3 for 1 pizza. Don’t you dare suggest taking any of this from them!

    There are those who believe we are not fully controlled – that the farmers are implementing a stricter harsher level of of control – using Convid.

    Not so… control is already absolute — no need for boot on neck.

    Convid is about extermination — cuz of the depletion of cheap energy.

    Nobody wants to go into that horrifyingly dark place… nobody. They will scream and kick and bite and resist with every atom in their bodies.. if we try to drag them into that hellish dark pit…

    NO! Oil is abiotic – Malthus is a dun.ce… renewable energy – EVs — Mars colonies… flammable ice… hydrogen… anything but the dark pit of hell… kicking screaming — what about windmills you f789ing bas tards! CNNBBC says windmills!!!

    But into the dark pit of hell we go … 8B kicking screaming wailing MOREONS … angry hungry dangerous raping murdering MOREONS…

    Hark… is that the farmer calling??? Yes I think it is… what’s holliering???

    It’s Booster Time … watch the Stooopid MORE-ONS… the d.umb f789s who think they have democracy … freedom… and that it’s being stripped…

    hahaha.. look at the 8B utter f789ing re tard-ed MOREONS run for the boosters hahaha

    https://www.tiktok.com/@tiktokrachelreenstra/video/7052092917552516398

    • Bobby says:

      Classic FE expressionism. Humour is an essential service

    • In the Zerohedge link:

      “The greatest weapon is not a gun or a Bomb. It is the control of information. To control the world’s information is to manipulate all the minds that consume it.”

  21. Zerohedge is reporting:
    https://www.zerohedge.com/commodities/opec-keeps-oil-production-unchanged-maintains-2mmbd-output-cut-after-launch-russia

    OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap

    The article, also reports:

    “Russian crude has traded at a steep discount this year, with Argus Media, which assesses commodity prices, pegging the price at about $48 a barrel.” The peg price of $60 per barrel is comfortably above this price.

    It concludes at the end:
    “A far bigger, and longer-term driver, however is the continued lack of capital spending to boost an aging E&P infrastructure which means that over the next 5 to 10 years, oil will become increasingly scarce in a world where western government are openly hostile toward legacy energy companies.”

    • Sam says:

      Hmm I think governments say one thing in public and then do another thing in private. It is very difficult to tell what is now the truth and what is false. People on OFW pretend to be the only ones that know the reality of the situation….but militaries are always looking for threats, creating false threats and real ones and the are one step ahead. I was naive enough to believe the people here that the russian and ukraine war would end in one to two months…..we have all been wrong on that account.

      • davidinamonthorayearoradecade says:

        yes, Russia was easily nearing victory in the first month or two.

        then abbsurdly the USSA/NATZO and EUeww began to send billions to help the Ukronazis.

        those billions plus the blowback from the West’s abbsurd “sanctions” are severely harming the economies of the West.

        meanwhile OPEC+, where of course the + is Russia, are in the driver’s seat for oil prices.

        I do not like green eggs and ham.

        • Fast Eddy says:

          hahaha.. Russia could steam roll Ukeland in a week…

          You been played by the MSM again bro

          • davidinamonthorayearoradecade says:

            I think Russian generals know more about Eastern European war than both of us, yes? of course, “bro”.

            slow and steady saves R lives, and continually grinds down U soldiers and their weaponry.

            thesaker and moonofalabama are definitely not MSM.

            ^^^^^^^ ^^^^^^^ ^^^^^^^

            that’s a big hint there.

            • Fast Eddy says:

              They are clueless.

              Prancing about filled with self importance as if they have brilliant insights into what is happening that nobody else has hahaha… as if… where would they get these insights? Do they speak with Putin – Zelensky – the Elders? None of this is for public consumption – nobody would be leaking any of this to them — they are a joke.

              The Uke war is an orchestrated ‘war’ for the purpose of providing a reason for why energy prices have exploded….

              Russia could obliterate this backwards bankrupt corrupt shit hole in a week if they wanted to …

              But if they did that there would be no excuse for the energy inflation – and the herd might work out that we’re running out … and panic.

      • reante says:

        I guess some people here must have been reading MOA and the saker. 🙂 And you must have weighed their arguments very carefully and decided you agreed with them.

        Shit happens Sam. That’s life in the peanut gallery. You rolls your dices and you takes your chances. I can’t think of another aphorism. We’re all adults here and there’s no place for sour grapes. That doesn’t count.

        • Sam says:

          Boy, you have some thin skin! Are you a millennial? My point was so many people talk as if they have been debriefed by the pentagon and the kremlin. 🙄 . The reality we are fed my be totally wrong just saying

          • Fast Eddy says:

            It cracks me up when people speak in whispers about the insights they have received by reading such and such source ….

            Hahaha… as if the secrets to how the world is operating would be made available to any of us ….

            What a f789ing joke

          • reante says:

            Heard you the first time Sam

      • CTG says:

        I did say many times on OFW that no one csn tell for sure what is real or not…

        • Tim Groves says:

          Precisely. When we speak of the future, we are all speculating because it’s all we can do. Some of us employ a more confident or even a more arrogant conversation style than others. And some of us are more grounded in reality than others. And some of us talk as if we were football supporters boasting about how great our team is. But none of us has seen the future so we can’t be sure how it will unfold.

          All in all, it is amazing that some of us turn out to be correct so much of the time.

          • Tim Groves says:

            And I think this is so regardless of whether we are living in a real actual physical Universe or an imaginary virtual simulation! 🙂

          • reante says:

            Don’t forget the arrogant AND grounded lol.

            Arrogance is an interesting one. Obviously today it is used as a pejorative but etymologically it means: to assume a (natural) law for oneself.

            Which means, to believe that one’s views are objective representations of reality.

            In a relativistic tower-of-babble culture such as this one, as promoted by the Elites, arrogance becomes a pejorative.

            Kids are often fundamentally more wise than adults because they haven’t yet been programmed into extreme relativism, and are still largely relying on the five-sense-based reasoning ability of patterned intelligence, which is the alpha and the omega function of all biology. If we look back to when we were unprogrammed children, the kids that we called arrogant were the kids who were the best (or among the best) at something and visibly knew it. Objectively knew it and didn’t hide that knowledge, which is in accordance with the true, etymological meaning of arrogance. And they were right, obviously, or they wouldn’t be called arrogant in the first place.

            Arrogance is an earned awareness. Unearned arrogance is a teachable moment lol. And hopefully not a long line of missed opportunities adding up to the much-abused dunning-kruger deal.

            Earnings (from accomplishment) make us more powerful in life. If I’m a killer homesteading woman whose done eight things before lunch, three of which are skill-based, I’m a powerful woman. If other less accomplished women see that I have created those expectations for myself over the hard-earned, hard-won years, and that those expectations for myself — that personalized worldview of excellence in effort leading to high achievement — carry over to some degree in my expectations for other humans, then those other humans with lower expectations for themselves might find it in their interest to see the word arrogant as a pejorative.

            What else is new?

          • Fast Eddy says:

            Fast Eddy has a crystal ball — he sees ripping and tearing of flesh … vicious raping… human gnawing on human…. the future is very dark… horrifying

    • Jane says:

      The Duran today has an interesting discussion of the attempt to impose a price cap on oil. Russia sez NYET. That will never happen. Russia will refuse to sell any oil whatsoever at any price to any country that gets on board with the price cap idea.

      Furthermore, there are big movements afoot to create an OPEC type of organization with the members being gas-producing countries in Central Asia.

      • Jane says:

        Plus, Russia plans to REDUCE its production by 3 million barrels a day or a week or whatever the time frame is.

      • reante says:

        Right. the price cap is just a true embargo by another name. Russia will no longer sell oil to China and India and whoever else if they sell it on at a profit to the West. So China and India won’t. BTW I believe that Russia must have required some percentage of China’s and India’s upselling of the oil unless that undeserved benefit is just part and parcel of the HTOE, in order to help maintain the stability of the current accounts of the two tottering behemoths.

    • i1 says:

      I would disagree on the exploration budget canard. They know where it is, all that’s lacking is casus belli (Iran). Maybe extermination & provocation would be a better fit.

  22. banned says:

    Biden says a Russia “win” in Ukraine would be “beyond comprehension”. I feel you Biden. I feel the same way about Nord stream. I cant really believe that a state power would be that reckless. I cant wrap my mind around it. It occurred but it didnt in consciousness.

    Theres another “Mystery” kinetic event like that. The Saudi oil refinery attack. No one knows who did it. Possibly aliens. The time was September 2019. And there was no response to the “aliens”. Or was there? Technologies may at a point -prior to a complete embrace of self extinction- seem like mystery. magic. Progress renders measure countermeasure obsolete. Responses are in a completely different ballpark. Homey dont play that. The uncertainty is part of the “response” strategically. It could be considered a degree of sophistication. The medium is the message.

    Psychopaths dont really like destroying all that much. Psychopaths enjoy creating fear for manipulation the actual harm is just a means. Uncertainty is certainly part of that. Nuanced uncertainty is sophisticated to a psychopath.

    https://nationalinterest.org/blog/buzz/did-us-missile-defenses-fail-during-saudi-oil-attack-81171

    • The article you link to is from 2019. It is about how poorly US-made Patriot surface-to-air missiles and associated radars are working, in Saudi Arabia and elsewhere. If these are what the US spent billions on, the US is not well-protected. It can spin a good story, however.

      • banned says:

        The more interesting question is why. Why is the USA ignoring competing in missile technology? Why did the USA military “forget” to leave 10 armored divisions in Europe? If their efforts are not being focused there where are they being focussed? Would 10 armored divisions be of any use without fuel? No. Why has the military lost interest in investments in what one might consider bread and butter kit. Incompetence and corruption are not the answers. High level military might be a bit strange but they are far from incompetent and not corrupt enough for mistakes of these magnitudes.

        Back to the real point.

        The September 2019 attack on Saudi was a attack directly on the USA main supplier of energy. Under Carter doctrine clear cut legal basis for war. Status of the USA was at stake with every middle eastern country indeed every country of the world particularly since USA air defense was completely ineffective (maybe turned off). The country that didnt do it is a self professed “enemy” of Israel. The bits and pieces of the drones used were large in nature and clearly identified origin. THere was only one actor in the geographical proximity. The Houthis were 800 miles away the drones didnt have that range.

        This was a technological war challenge of the most grave kind directed at USAs energy supply.

        Why would the perpetrator of the attack not be identified?

        At the time I though a wise decision had been made. A decision to deescalate. It could still be true.

        Why would the perpetrator of the attack not be identified?

        Consider the character of the commander in chief at the time. Is he a man to let things slide? A man to decline when the gauntlet is thrown down? A man with his ego in check enough to consider the greater good in his actions?

        Why would the perpetrator of the attack not be identified?

        Or is he a man willing to go over the top? A man who would show that he will not only pick up the gauntlet but make his opponent eat it bit by bit? A man to whom that is more important than a bit of collateral damage to send a message? A man who would then assassinate a commander of the country that didnt do it? A man who builds towers and names them after himself? A man who would be a path breaker in using new military technologies to assert dominance? A man that would wish for a legacy like no other. A man desperately looking for browny points from his MIC masters after failing to implement the war preparations of the prior administration and in fact decades of preparation?

        Is there a flaw in my logic?

        Why would the perpetrator of the attack not be identified?

        What would be a over the top response that would demonstrate the USAs willingness to address challenges, technical war prowness and dominance in a new era? What technology might be selected for a response from Pandoras box that fit into larger plans too? Larger plans that were then clearly implemented by the very same commander in chief.

        September 2019.

        The collateral damage might have been a bit more than expected.

        We aint seen nothing yet.

  23. Mirror on the wall says:

    Let me be the first to say…. brrrrr!

    It is likely to get rather chilly in UKR if UK is zero. They are getting a glimpse of what an energy crisis means. Grim there, I bet.

    Our freeze is blowing in from Norway. I might have to put a shirt on if this keeps up….

    > Get set for the big FREEZE: Temperatures drop to 0C as first snow of Winter arrives – and Britain braces for storm from Norway dubbed the ‘Troll from Trondheim’

    The first flurry of winter hit the Pennines this morning with snowfall in Cumbria, while temperatures are predicted to hit -4C (24.8F) in some areas this week. The Met Office has issued a yellow warning for snow in northern parts of Scotland, its first warning of the season, as it predicts some areas could see blizzard-like conditions. Forecasters are predicting snow up to 5cm could fall in lower areas on Wednesday, with up to 10cm expected at levels above 200m, bringing disruption to travel in the area. The yellow warning, which is in place for the whole of Wednesday, covers Central, Tayside & Fife, Grampian, Highlands & Eilean Siar and Orkney & Shetland. The whole of the UK can expect temperatures to plummet in the coming days with the arrival of a wintry storm called the ‘Troll of Trondheim’. Pictured: Snowy conditions in Nenthead, Cumbria, as snow falls for the first time this winter in the area (centre); a forecast predicting widespread snowfall in Britain next week (right).

    https://www.dailymail.co.uk/news/met_office/article-11500027/Temperatures-plummet-warnings-snow-showers-Britain-braces-icy-Arctic-blast-week.html

    • Ed says:

      5cm of snow, the troll of Trondheim, Brits are so funny about weather

    • Find your warm clothing and wear it. Let us know how things are going.

      The US had a cold spell before Thanksgiving, but things seem to be normal now.

      • Tim Groves says:

        And a sleeping bag rated down to minus 40 degrees would be well worth investing in.

        About five years ago, I was given a load of old-fashioned high-quality but very unfashionable “Rakuda” woolen thermal underwear. I have had no call to use it as the wood stove keeps the house warm in winter. And I sleep with a Labrador!

        But this sort of material can keep a sleeper pretty snug where heating is in short supply and ice is forming on the inside of the windowpanes.

        In any case, I think that with the way things are going, everyone in the temperate zones should be preparing multiple ways of keeping up their body temperature.

        If you don’t want to end up like the Little Match Girl.

        • we do have some concern for the labrador though

          and assume the arrangement is consensual

        • Fast Eddy says:

          Alternatively … end the suffering … end the brutal nasty life….

          With Super Fent (candied for the kids)

          I’m not clear why anyone would want to linger post BAU… every extra day will only involve misery… and after living large I don’t think anyone is mentally prepare for total deprivation … shivering in the dark and hungry…

          And no prospects of a trip to Disney Land.

  24. Civilization is a never ending struggle between stasis and progress.

    The Landowners, call them Landed Gentry, Junkers,you name it, do NOT like change

    Any amount of change is going to bring a change of the local power structure

    And, now, for the first time since around 1870, they are about to win big.

    If they win, they won’t finance any big projects which will lead humanity to a new world. Mohammed bin Salman is supposedly building a mega city in his honor; that is as relevant to civilization as the Taj Mahal. Nice to look at, having zero relevance on advancing civilization At least the pyramids had some meaning which are lost to us, plus the lighthouse at Alexandria; the other five “ancient wonders’ are just waste of resources. Like the giant buddhas built by various Japanese rulers, and the monstrosity which is called the Jesus statue at the city of Rio Janeiro, MBS’ city is just a useless piece to show off how great he is. If it ever gets to be built it won’t last a generation.

    Civilization based on stasis do not innovate; they build useless stuff like the Great Wall(the original wall collapsed long ago – most of the extant wall dates from 16th century) , the Chartres cathedral, or the Salt Lake City Tabernacle. If Russia wins this it won’t spend anything on innovation ; instead they will build a new Cathedral for St Vladimir at St. Petersburg,in honor of the first ruler of Kievan Rus, but in reality, as everyone knows, in honor for someone who is still alive

    Not one kopeck will be spent on innovation. Such is the nature of stasis-based civilization.

    • davidinamonthorayearoradecade says:

      “Civilization is a never ending struggle between stasis and progress.”

      you forgot regress.

      poor effort by you.

    • ‘innovation’ of itself doesn’t require vast amounts of capital

      its the follow on development/production from innovation that drains capital—

  25. Mirror on the wall says:

    A new archaeogenetics paper has been published on Ashkenazi Jews. The best fit for the ancestral sources of AJ finds Southern Italy as the major source of ancestry in addition to the Middle East and Eastern Europe, which is consistent with the historical record of AJ population concentrations in Southern Italy and later in East/ Central Europe.

    According to that model, AJ ancestry is 65% Southern Italy, 19% Middle Eastern and 16% Eastern European. The population formed in Southern Italy and the core ancestry is Southern Italian with almost equal Middle Eastern and Eastern European admixture. They are similar to the Sephardi Jews in their Southern Italian ancestry but with the addition of Eastern European ancestry.

    The 19% Middle Eastern ancestry could be drawn from more than one source population as the Roman and Byzantine Empires were present more broadly in the Middle East and AJ remained in contact with them until the 11 century. It is not necessarily all ancient Jewish. Further research with ancient genomes would make the model more certain, allow it to be refined and increase the information.

    > Genome-wide data from medieval German Jews show that the Ashkenazi founder event pre-dated the 14th century

    Multiple models with South-Italians were plausible (p>0.05; Table S3), which would be consistent with historical models pointing to the Italian peninsula as the source for the AJ population (Data S1, section 16; though see below for alternatives and caveats). The mean admixture proportions (over all of our plausible models; Table S3) were 65% South Italy, 19% ME, and 16% East-EU (Figure 3A).

    …. The good fit of qpAdm models for EAJ that had Italy as a source (particularly Southern Italy) provides some support for (although do not definitively prove) the theory of AJ origins in Italy (Section 1.1). Southern Italy is one of the very few places in Europe where there is evidence for Jewish demographic and cultural continuity from the late Roman into the early Medieval period and beyond [5, 95-102]. During this timeframe, the Jewish communities of Southern Italy were at the crossroads of Jewish Mediterranean life. They were in direct contact with the Jewish communities of Byzantine and early Muslim Palestine from whom they received liturgical traditions that they transmitted into Europe and that later turned up in the AJ prayer book. They were also in touch with Jewish communities elsewhere in the Eastern Mediterranean by virtue of the fact that Southern Italy was part of the Byzantine Empire into the late 11th century.

    https://www.cell.com/cell/fulltext/S0092-8674(22)01378-2

  26. Herbie Ficklestein. says:

    TARA COPP
    Sat, December 3, 2022 at 8:28 PM
    ABOARD A U.S. MILITARY AIRCRAFT (AP) — Defense Secretary Lloyd Austin said he wants to keep the military’s COVID-19 vaccine mandate in place to protect the health of the troops, as Republican governors and lawmakers press to rescind it.
    This past week more than 20 Republican governors sent a letter to President Joe Biden asking that the administration remove the mandate, saying it has hurt the U.S. National Guard’s ability to recruit troops. Those troops are activated by governors to respond to natural disasters or unrest.
    Congress may consider legislation this coming week to end the mandate as a requirement to gather enough support to pass this years’ defense budget, which is already two months late.
    Austin said he would not comment on pressure from the Hill.

    We need Fast Eddy to the rescue here to save “our” troops.
    Seems not ALL are behind the alleged plan to cripp!e and reduce the numbers.
    Well, really little too late since the damage is already done and might be all show

    • Fast Eddy says:

      Defense Secretary Lloyd Austin said he wants to keep the military’s COVID-19 vaccine mandate in place to protect the health of the troops

      hahahahahaha…. now that is full re tard

  27. Withnail says:

    May as well ban it to look Green if it isn’t available anyway.

    Without fertiliser many farms will be abandoned. Food production will collapse. It’s not clear where food will come from in future if not enough can be produced in Europe any more.

    • Fast Eddy says:

      Global Holodomor is real… and coming soon.

      BTW – doomie preppers have severe Dunce Kruger Syndrome….

      It’s like this … you know a tsunami wave is inbound… you can’t see it but you know there’s been a 12 pt quake a few hundred miles from you in the middle of the ocean…

      So you barricade your doors and seal the windows on your beach bungalow – you pile up some wrecked cars and bits of trees out front … stash some food… then settle in truly believing you are safe.

      Then you look out the window and you see nothing but black…WTF is this? Where’s the sky? You look straight up and there’s the sky … you turn around – the sky is there… then you look back towards the beach and see this big black wall…

      You have a few seconds to realize… wow… was I ever Dunce Krugered believing this pile of trash was going to save me…. but on the + side… I didn’t worry so much about the tsunami … till now …

      Then it hits…

      • Fred says:

        Doomer-preppers rule FE.

        While you’re scratching around for bits of refuse to burn in your Rayburn and wishing you’d bought a rechargeable geiger counter, my high end battery system will be delivering blissful BAU.

        Add an ebike to the mix and it’s party time for me baby, Stone Age doomerville for you.

  28. Fast Eddy says:

    I know two mega jabbed MOREONS who have had sepsis (VAIDS)

    https://hiddencomplexity.substack.com/p/rare-bacterial-infections-becoming

  29. Fast Eddy says:

    Dont mess with the big cat https://t.me/leaklive/10511

    • Dane says:

      Man, do you ever stop commenting irrelevant garbage? Just go on 4chan or telegram chats if you want to sh*tpost. Every time I’ve come to this site over the past couple of years I’ve checked the comments to see if there’s any meaningful discussion taking place, and every time I see a slew of “Fast Eddy” on the first page, and not a single one of your comments I’ve found enlightening in the least bit. Take a step back and look at what you’re really doing with your time.

      • CTG says:

        Welcome to the club Dane…. please respond so that we know if you are a “one-timer” like most of those who comments on FE’s comments.

      • Xabier says:

        Well, Dane if you can do better, please show us.

        Your post is far from enlightening itself; apart, of course, from demonstrating your lamentable mental deficiency.

        So, please do post away with some fascinating and stimulating links.

        We are all agog and simmering in expectation……

        • by hanging on to the coat tails of emperors who are in reality, naked, you are like to find your nose in places you would prefer it to not be Xabier

          • Xabier says:

            And yet another entirely content-free, and abusive, post from poor old Norman: how delightful!

            I have no need to ‘hang on’ to anyone’s ‘coat tails’.

            And by the way, you really do show your origins in these repeated references to punching people in the face.

            Now, darling, just go away and ‘wordsmith’ one of your charming poems on the revenge of Mother Earth. we do look forward to them you know.

            It must have been such a relief when you could retire from the instruction manual business, and at last allow your Muse to soar to ever greater heights of inspiration!

            • you’re the one who promotes eddy’s expletives and faux obscenities as the height of cultured exchange Xabier
              Not me

              It seems I am not the only one to have observed this.

              I was merely suggesting you find a different set of coat tails to hang onto.

              Maybe even come up with an original line of thinking?

      • Replenish says:

        Here is what we know. Fast Eddy is a 1500HP spirit that has possessed the misanthropic mind of a married, childless, world traveler, businessman and former prepper who is on a mission to remove all traces of hope from humanity. The unknown fellow believes the pandemic and new war are part of a nuclear option to reduce population ahead of energy cliff and prevent ripping off faces.. regardless of mitigating efforts and sing alongs the human experiment ends in a dystopian hellacape where good samaritans and permaculturalists are tortured and the species goes extinct in a meltdown of spent fuel rods. He has a handsome dog named Hoolio with perfect teeth, enjoys outdoor activities, sports, gentleman’s club and coal burning stoves.

        • Herbie Ficklestein. says:

          Bingo!
          https://m.youtube.com/watch?v=Ugpg8XruhVk

          Fast does have a one track mind…
          I try to diversify the posts the best I can…CC is ☹️ here, so its another limitation.
          I’ve been feeling the same, by in large the peanut gallery is getting rather stale …like Peak Oil News…
          Suppose one can only address the topic so many times.
          Still like Energy Sceptic and C and Economy, Harrys (Justin)site too.
          Been here for years now under different avatars.
          If Harrys posts are an indication of the “State of the World” (Lester Brown reference)…SHTF should happen as I start my retirement…perfect timing!
          Cheers…BTW, for me this is an outlet to vent…
          I know it won’t change any outcome…
          But you did a splendid description of Fast Eddy!
          He will enjoy the attention

          • Fast Eddy says:

            HE is basking….

            • moss says:

              weakened kulcha

              If livelihood by knowledge were endowed,
              None would be poorer than the brainless crowd;
              Yet fortune on the fool bestows the prize,
              And leaves but themes for wonder to the wise.
              The luck of wealth dependeth not on skill,
              But only on the aid of Heaven’s will:
              So it has happened since the world began –
              The witless ape outstrips the learned man;
              A poet dies of hunger, grief and cold,
              A fool amid the ruins findeth gold.

              Sa’di Persian ca1200AD trans L Cranmer-Byng

          • Replenish says:

            Thanks Herbie!

            I have JP’s Climate and Economy on my regular reading list to help me wake up every morning with coffee and a buff cat on my lap.

            I mostly scan FE posts for More Hoolio!!

            Cheers to you as well. I appreciate your posts!

        • reante says:

          Perhaps he posted this video in fear response for his beloved Hoolio, spurred-on by the exaggerated commentary below. Myself I wasn’t impressed with the cat’s performance. We mythologize those big cats too much. They don’t extrapolate-out from little cats the way we think must. They’re slower than you think. I’ve seen my two Anatolian Shepherds at 3, in their athletic prime, gain quickly between trees on a cougar. Their claws are nasty to be sure but their not a death sentence by any means. We don’t have the a nice winter coat like that German shepherd to protect our jugulars but we do have a far superior physique to the shepherd, and clothes perhaps. I’m confident at 46 that I could kill an attacking cougar if I was able to get my knife open. I get torn up pretty good for sure but that’s ok because germs don’t exist. Unarmed I could ward it off. Of course, it would have to be extremely desperate to attack myself and even if it did it abandon the mission when faced with a capable animal (me) that’s not it’s natural prey, just like it did with this dog which didn’t let the cat get to the underside of its throat. You can let the cat lock down on you anywhere but your neck, then you can rip one of its eyes out and it’ll take off and you get set to putting pressure on any puncture wounds that need it until you clot up. They only fight to the death over territorial disputes.

          Cougar meat really surprised me. It’s pale and tender like caged pork. And very mild flavored like pork except it has some unique (to me) floral undertones is the only way I can describe it. It’s so tender you can fry up any part of the animal. Go figure.

        • Fast Eddy says:

          Mostly correct — you left out the part where HE claims humans are stooopid MOREONS — classified as either circus or barnyard animals by the billion — with a handful including the Elders — who actually have any intelligence…

          Let’s have a look at the humans https://www.tiktok.com/@tiktokrachelreenstra/video/7052092917552516398

          The fate of the humans looks like this https://www.headsupster.com/forumthread?shortId=220

      • lol Dane

        you’ve just defined how naked emperors make a living—BS merchants.

        gotta admire dedication though. 8 am NZ time, then, other than potty breaks, (though that’s debatable)–non stop all day, day in–day out——year in, year out.

        word flak i call it. A compulsion to blot out all other exchange of ideas.

        But hang in there, sometimes a seed of sense grows into something digestible.

      • good to have opinions borne out Dane

        (nothing worth saying–so vax it)

        —one of the few pleasure to be derived from conversing with eddy

        • Fast Eddy says:

          The Injection may not be a litmus test related to a cull… yet still — it is a litmus test…

          All pro vaxxers are zombies… all zombies are pro vaxxers

  30. Fast Eddy says:

    One guy in our hockey league was telling a story about how his brother’s 30 year old girlfriend had this happen – she lived – barely

    No mention of it being caused by the vax… never

    ‘Gone in Minutes’: Highly Unusual Ruptures of the Aorta in the Presence of Spike

    “This is something that’s unusual,” shared Dr. Ryan Cole. “Usually, you’ll see this in genetic conditions where the aorta ruptures.”

    On the visual, the inflammation is the red, and spike proteins are the blue dots.

    “That spike protein, literally causing the lymphocytes to chew a hole in the aorta. This is the biggest blood vessel in your body — coming off your heart. When that ruptures, you’re gone in minutes.”

    Full Interview: https://www.redvoicemedia.com/2022/12/foot-long-blood-clots-from-mrna-dr-drew-interviews-pathologist-dr-ryan-cole/ref/8/

  31. Rodster says:

    The Elders want depopulation and by god they are going to get it. Germany will ban the use of fertilizer from farming. Cull the herd.

    https://www.armstrongeconomics.com/world-news/climate/germany-ordering-farmers-no-fertilizer/

    • Isn’t this similar to Sri Lanka?
      Of course, if there isn’t enough fossil fuel (natural gas and coal, particularly), the nitrogen fertilizer that is used so much will be less available. Someone has to be left out.

      • Rodster says:

        This appears to be a WEF directive because Klaus Schwab has made it known that fertilizer use is responsible for climate change. He wants it banned and many of the heads of state in the EU are Schwab protege’s.

        • Klaus Swab is a European, as are the heads of state there. They know that they cannot afford expensive imported fossil fuels of any kind. Somehow, this must play into their thinking as well.

          • Rodster says:

            I’m not so sure about that. Those that are part of the WEF cabal are power driven maniacs who want to control the world to bring about their one world government utopia. They don’t seem to be bright bulbs because they have laid out their plans on their website.

    • JesseJames says:

      Banning fertilizer is convenient because with the shutdown of their chemical/fertilizer producing plants…they have no fertilizer anymore.

      I guess they think they will print Euros and buy it on the open market.

      • Fast Eddy says:

        When the feed stock (gas) goes 4x higher… you need to throttle it back… otherwise it goes 10x higher in price..

        The PR Team needs to foist some sort of ‘we are transitioning off’ to keep the MOREONS calm — they’d believe we are moving back to manure based fertilizers… they believe whatever CNNBBC tells them to believe

    • Hubbs says:

      Depopulation not occurring in US due to massive illegal alien invasion.

      Unforunately, this web link doesn’t work unless you are a subsciber.
      http://www.theepochtimes.com/from-asylum-fraud-to-mexican-ant-operations-todd-bensman-on-bidens-migrant-advocacy-industrial-complex_

      PREMIERING 7:30PM ET 12-3-2022 : From Asylum Fraud to Mexican Ant Operations: Todd Bensman on Biden’s Migrant Advocacy Industrial Complex

      “We are in the midst of the greatest border crisis in U.S. history, by every metric,” says Todd Bensman. “When Title 42 goes away, this will spur 18,000 a day crossing. We’re at about 7,500 a day now.”

      Todd Bensman is an award-winning field journalist and a national security fellow with the Center for Immigration Studies. He’s the author of “America’s Covert Border War” and the forthcoming book “Overrun: How Joe Biden Unleashed the Greatest Border Crisis in U.S. History.”

      “A school district in Texas…has been overwhelmed with 50,000 to 75,000 illegal immigrant families that have absolutely swamped the school district,” says Bensman.

      We speak about current abuses of U.S. asylum law, Mexican ant operations, the migrant terror threat, and what Bensman calls the “migrant advocacy industrial complex.”

      “Mayorkas is telling us all along: We are going to create legal pathways to cross the southern border. That’s unprecedented,” says Bensman.”

      A chat comment by Marth N on this podcast confirms what I was seeing in Asheville NC before I left:

      “SymphonicEllen yup. NO ngo’s local churches, maight want to still screen. There are churches that have been taken over by them
      Martha N Seeing it in NC. Visted aell known shopping area in Winston Salem/ Greensboro late last month & Ks of people. 75% were obviously not from NC, did not speak english, many people on the streets. Also Asheville NC is turning into a hellish slum.”

      These aliens will be the spark that causes civil unrest when the food runs out. I believe at this point the US is lost and the best outcome is seeing a slow controlled demolition or deterioration in the next decade with a substantial underclass forming. Forget voting. Honest elections are a thing of the past. There are no political, legal, or constitutional remedies now for what awaits us.

      Having read the Calhoun experiments article on the “mice utopia” apparently replicated and then again with rats, I think this devolution is occurring on a grander scale. The perverse interest in self-grooming activity by the end-of-the-line-mice in these experiments is similiar to our politicians. They are interested in self-grooming for re-election only and don’t care about the country. They will give it away. I saw this in medicine too but did not realize the overall context when I made a comment in My Medical-Legal Back Pages memoirs that “there are no men in medicine.” In fact, there are no men anymore. Only wimps. And I was suprised how quietly enthusiastic my daughter was on the tactical AR-15 rifle range shooting the 1-5 alternating targets drill as the men watched her go back and forth from target to target. And from a gymnast and ballet dancer who had appeared as an extra on the Russian Ballet Nutcracker 3 years ago. And she has confided in me that she has had bad dreams of being attacked. I bought her a Glock 43 in .380. Then when she tried a 9mm Model 17 said she liked it better and even wanted to try my Model 21 in 45ACP. Huh? Masculinization of women?
      At least I won’t have to worry about what to do with my arsenal. (I hope.)

      But the problem goes further and I don’t understand the full dynamics. I read about police forces being demoralized and resigning on a local or city wide basis, but what is happening at the Federal Level with these rogue agencies? Is being on border patrol, secret service, HSA, IRS, ICE, essentially an extension of being a politician? Centralization of force (along with money in the form of CDBC)? Joining these Federal agencies for a secure recession and riot-proof paycheck and pension (as long as the dollar still buys stuff?), anticipating a desk job and only going into action with no risk except for bullying thuggery tasks like raiding Roger Stone and his wife’s house at 4:00AM with full battle gear, armoured vehicles, helicopter etc., and marching them out in their night clothes or raiding Trumps house? Is this COVID mandate for our soldiers simply a screening tactic to weed out those who might be a problem as evidenced by their refusal to get vaccinated but keeping the compliant woke wimps who would shoot on their fellow citizens if they could be convinced that their targets were all rascists? IMO, (with no military background) they will never be pitted against a real battle experienced opponent like the Russians. No. Our military is not being trained for that. Even in the Gulf Wars we were only capable of doing mop up operations in 3rd world countries that had first been obliterated by our high tech shock and awe and the remaining enemy was trying to surrender in droves.

    • Fast Eddy says:

      it gets more hilarious by the day….

      What’s the situation in sri lanka – they ran out of petrol some months ago… maybe they just got used to it and don’t riot now?

  32. Fast Eddy says:

    Odd that they could get away with this https://t.me/TommyRobinsonNews/42495

    • i was beginning to wonder what had happened to tommyrobinson

      • banned says:

        Funny that no one else noticed his absence Norm. Just you. Face it. You are obsessed with all things Eddy. Without eddy your life would have no meaning. You cant even acknowledge simple facts because that would mean your relationship with eddy which is one of conflict would end. While you fantasize about defeating eddy emotions determine your actions and they ensure your conflict relationship continuance and logic will certainly not get in the way. Its not just logic you have discarded. You risk everything to continue the conflict relationship. You have risked your relationship with this forum and Gail Dont worry you are not crazy just dysfunctional. You truly may represent the “Norm”.

        • you are quite right in my need of your input into my life eddy

          strange as it may seem, I don’t own a watch (really!), so every evening i check your log on time—dead on 8 am NZ time—better than Greenwich to set my clock.
          7 35 here, so obviously you’re still zedding?

          However, I can’t seem to shake off the queasy feeling that gives me–that I should be the first person on your mind when you wake up. I really do not care for that. Is there nothing you could apply your attention to?
          I am cursed with an intensely visual imagination. Useful for dissecting machinery without the need to take it to bits.
          A horror story though, when applied to other things i’d rather not be privy to.

          still—all this gives me the opportunity to do improvements on my patented ego inflator/deflator (it’s double acting)….not that i’ve made any money out of it,—my generosity of spirit forces me to give too many away.
          A few people on OFW have got hold of one.

          Made it all worthwhile

  33. Adonis says:

    The elders plan B to set up a citizen’s fund where we all get an equal share and an admittance from the elders that disruptions are going to be a permanent feature of our future from now on maybe the elders are on the same page as the finite worlders the plot thickens. https://www.clubofrome.org/blog-post/earth4all-gaffney/

    • Strange! This ends with,
      ” Embracing disruption is thus the only option and a Citizen’s Fund becomes an obvious shock absorber.”

      The Citizen’s Fund is a wealth distribution approach from the Club of Rome.

      • Withnail says:

        The Club of Rome evidently doesn’t understand that money is about to become mostly useless.

        The EU apparently also still believes that problems can be fixed by printing more euros and handing them out.

      • Jane says:

        Who the hell asked the Club of Rome?
        This item is so full of s—.

        For instance,
        “07 July 2022 – Russia’s war on Ukraine has sent shockwaves around the world. Oil prices have skyrocketed and food prices have soared bringing political instability.”

        No, Russia’s SMO has not done this. It is the crazy sancions regime that has done this and the ill faith of the Ukes when it came to grain shipments out of Ukr.

        “The last time food prices were this volatile, riots erupted across the Arab world and from Burkina Faso to Bangladesh. This time, the energy and food shock is happening against the backdrop of the COVID-19 pandemic. When will the shocks end? . . .”

        They don’t want them to end. The CoR is preprogramming people to accept oingoing chaos.

        “They won’t. So, we can choose either resignation and despair, or a policy agenda to build social and political resilience against future shocks. ”

        No, those are not our only options. That is just more preprogramming. We can tell the Club of Rome types to to go eff themselves and butt out of our lives.

    • Jef Jelten says:

      Personally I hate refering to “them” as “the elders”, it implies a degree of reverence. I just call them “the owners”

  34. info says:

    Geothermal energy aside from Nuclear is the next big thing for the world:
    https://oilprice.com/Alternative-Energy/Geothermal-Energy/When-Will-Geothermal-Energy-Go-Mainstream.html

    • Withnail says:

      Sure it is. All we need to do is drill through 4,000 metres of solid rock in the small number of locations where it’s available.

    • gpdawson2016 says:

      “… Geothermal energy aside from Nuclear is the next big thing for the world”— it well may be,! But where will the copious amounts of bitumen come from to cover our roads? Not one single person(normie) that has spoken of alternative has ever addressed this point. I should say can’t address it as any new source of abundant energy means a complete and utter paradigm shift.

  35. Rodster says:

    “Everybody Knew CV-19 Vax Was a Criminal Bioweapon – Karen Kingston”

    https://usawatchdog.com/everybody-knew-cv-19-vax-was-a-criminal-bioweapon-karen-kingston/

    Kingston says documents with the drug makers, FDA and CDC listed the deadly and debilitating “side effects” of the injections.  Kinston shows that vaccine makers gave a list to the FDA of “side effects” or “possible adverse event outcomes” from the injections.  Kinston says, “Common side effects should be muscle aches, headaches, fever and pain.  With these injections, common side effects are Guillain-Barre, . . . inflammation of your brain and your spinal cord, meningitis, stroke, narcolepsy, anaphylaxis, heart attack, myocarditis, pericarditis, auto immune disease, death, pregnancy and birth outcomes, fetal injuries, fetal mutations, spontaneous abortion. . . and vaccine enhanced disease. . . . So, they knew this was not mild side effects. . . . This is not me speaking.  This is literally their documents. . . .This information is just the tip of the iceberg, which show how really sick and perverse these CV19 injections are.”

    • Bobby says:

      Hybrid insanity.

      In contrast to the above and a mental note that this train’s not stopping.

      MSM in NZ is still telling the masses to jack up ( and get a fourth). The latest tell is that people are better off having what is now labeled ‘Hybrid immunity’, this is immunity gained from both reinfection and ‘vaccination’ You can not make this stuff up.

      Hybrid immunity is the ‘new’ safe and effective.

      https://www.rnz.co.nz/news/world/480031/covid-19-s-impact-on-the-immune-system-and-how-this-may-affect-subsequent-infections

      • The story has to be, “What is happening is the way we want it to happen.” and “Buy more vaccine from the manufacturers.”

      • Rodster says:

        “what is now labeled ‘Hybrid immunity’, this is immunity gained from both reinfection and ‘vaccination’ You can not make this stuff up.”

        Oh it can. Here in the US the Federal Reserve likes to use coded terms like quantitative easing or quantitative tightening. That’s code for printing money out of thin air or not printing as much.

        George Carlin once spoke about how those in charge like to use confusing or vague terms because they now sound important, so it gets repeated like propaganda until the Plebs accept it.

        The bottom line is that those who created this scamdemic are SO deep in do-do that they now have to pile on more outlandish ways to convince the public that everything is on the up and up.

    • Xabier says:

      I clearly recall that, at the start of vaccination in 2020, they announced that ‘the side-effects from these vaccines won’t be a walk in the park’.

      Pre-conditioning, obviously, to ensure that recipients would accept getting seriously ill, as Big Pharma anticipated from the trial data.

      I pity anyone who still can’t see the intentional malevolence behind this.

  36. eKnock says:

    I was out doing my chores on Wednesday afternoon and I heard the sounds of geese quacking overhead. I looked up and way up there was a big flock of geese flying in a nice V formation.
    They were headed NORTH.
    That was 11/30/2022, the day before December.
    Were they were headed north for the winter?

    Either their brains are really messed up.
    Or.
    They know something that we don’t know.

    • reante says:

      Cromagnon?

      • Cromagnon says:

        The evidences are massive and overwhelming for those souls with the courage to see.
        The geo magnetic poles are indeed in rapid movement toward chaotic reversal. Animal behaviour/life across the planet reflect this fact. Mass strandings are increasing as is unusual migratory behaviour.
        I could launch into a long relating of recurrent massive solar flare events that are now being acknowledged by the literature. Indeed there is a massive and rapidly growing publication lists on repeating “ nova” events all over the visible galaxy.
        But I am hearing the west wind howl outside and temperatures are falling fast. Wind chills of -37 are in forecast and I have to be up early to tend fires and feed hairy cattle and even hairier bison.

        Lolololol. The similacrum gots to similacrum. The archons got to archon. Our world is not ours, we just don’t know it yet.

        I’m gonna go dream of bears in January. I’ll let you know how it goes.

        • reante says:

          You da man, big C! Knew I could count on you.

        • reante says:

          I don’t disbelieve it Cromagnon, I just don’t functionally believe IN it, if you follow me. If I felt it would change anything for me with regard to preparing, I might put the effort into crustal displacement theory. My understanding is that the plasma shell impact has been patterned for Europe and Africa and the mega- lightning storm relief-valve deal has been patterned for the western Pacific. (Correct me if I’m wrong on that.) Me swinging 90deg counterclockwise down to 20deg north, from 45deg north, and having to deal with ash fallout is just an outlier scenario I’m gonna have to deal with when it comes. I’m landracing here and that ain’t gonna change, because landraces ain’t carpetbaggers. It’s not a matter of courage for me anyway.

    • ivanislav says:

      Help, the magnetic poles are switching!

  37. Mirror on the wall says:

    EU diplomacy LOL. “Putin is just like the British were!” “Shut up!”

    > Ursula von der Leyen compares Britain’s rule in Ireland to Russia’s invasion of Ukraine

    The European Commission president’s remarks to the Irish Parliament were called ‘beyond disgusting’ by Tory MPs

    Mrs von der Leyen made her comments during an address to a joint sitting of the Irish Parliament in Dublin to mark Ireland’s 50-year membership of the European Union.

    She said: “I would like to dwell on five Irish virtues that will help our union to face our common challenges ahead.

    “First, the Irish passion for freedom. This country knows what it means to struggle for the right to exist.

    “Today, another European nation is fighting for independence. Of course, Ireland is far away from the front line in Ukraine. But you understand better than most why this war matters so much to all of us.

    “Just like our friends in Eastern Europe, you know that in Ukraine there is more at stake than the future of one country alone. Ukraine is fighting for freedom itself; for self-rule; for the rules-based global order.”

    Mrs von der Leyen added: “When the citizens of Kherson raised the EU’s blue and gold flag, as well as the blue and yellow flag of Ukraine, to greet their liberators, it was a powerful visual confirmation about a people’s desire to belong to our union.

    “We have shown that our union is the home of all European countries thriving for freedom and democracy. And our support for Ukraine must continue, for as long as it takes. Until Ukrainians fully recover what Russia has tried to take from them.”

    On Friday, Jacob Rees-Mogg, the former business secretary, told The Telegraph: “It is an extraordinary thing for Ursula von der Leyen to say, undiplomatic, unwise and wrong. It shows she is not entirely aware of the historic circumstances.

    “And it shows ignorance of the UK’s relations with Ireland and a tragic failure to understand the depths of the wickedness of Putin’s invasion of Ukraine which has led to the slaughter of innocent people.”

    https://www.telegraph.co.uk/politics/2022/12/02/ursula-von-der-leyen-compares-britains-rule-ireland-russias/

    • Every person who identifies himself as a Brit wants Ireland back Not the people, just the land.

    • Tim Groves says:

      Well, there was the Potato Famine, and then there was the Holodomor. And the Donbass could be compared with Ulster—the province that got away, or is still to be liberated, if you prefer. And the Dnieper is a bit like the Shannon, only longer, wider and running in the opposite direction. Ursula (who elected her, by the way?) has opened her mouth has spoken words of real consequence there. The implication is that the EU must stand with the Irish until the six counties are no longer under John Bull’s tyranny.

  38. Student says:

    (Ticino on line – Swiss media)

    ‘Wuhan virus was man-made.
    US – The denunciation comes from Andrew Huff, a scientist who worked at the lab in the Chinese metropolis.
    A scientist who worked at the lab in Wuhan, China, denounces: the Covid was man-made and escaped from the facility. Narrating this is Andrew Huff, who blamed authorities for the ‘biggest intelligence failure since 9/11. ‘Foreign labs do not have the proper control measures to ensure appropriate biosecurity and risk management,’ Huff wrote in the book ‘The Truth About Wuhan,’ excerpts of which were obtained by The Sun and later picked up by the New York Post.

    (automatic translation by deepl.com)

    https://www.tio.ch/dal-mondo/attualita/1627595/wuhan-creato-huff-scienziato-lavorato

    • houtskool says:

      Like phosphur bombs. Man made but never used.

      Worse, fiat currencies, man made AND used.

    • The article is right that keeping viruses secure is a problem.

      It is also possible that the virus was intentionally set loose in China, by someone not from China. One opportunity was the Military World Games in Wuhan held October 18–27, 2019. Athletes were present from 109 countries, including the United States.

      • drb753 says:

        The US won no gold medals, being the 35th most medaled country in those games. It is possible that they were all sick. A colleague went to the Quark Matter conference in early November 2019 in Wuhan, returning with pneumonia. He recovered. His colleague, who told me the story, found out he had cv19 antibodies the next April.

      • Student says:

        Yes, that is a possibility.

        In particular Dr. Giuseppe Tritto, President of the World Academy of BioMedical Technologies, during his interview with journalist Franco Fracassi said that the virus was intentionally taken from two chinese labs simultaneously in order to boycott that specific Chinese research which US decided not to do.

        (Then, in my view, probably the virus was useful also for other objectives)

        The full interview is not anymore available on youtube. There is a cut version still available.
        From timing 1.50 of the following link Dr. Joseph Tritto explains the Chinese ‘incident’, but the part in which he explains that the purpouse was to boyocott the Chinese research from US side has been cut.
        One can see from the interview that a certain point there is a cut.
        If I can find the full version I will post it.
        Anyway in that part from timing 1.50 one can understand that the labs involved were two and he and his Team, being part of that kind of business environment, were informed at that time of what happened immediately, as they are also periodically informed of other minor incidents that happen frequently (he said).

  39. moss says:

    Checking through the article on Venetian banking “How Venice Rigged The First, and Worst, Global Financial Collapse” – that old link four days back was flakey, sorry – but here’s the proper download pdf with illustrations
    I do recommend this as an important document in financial history for those interested in the West’s emergence from the middle ages.
    archive.schillerinstitute.com/fidelio_archive/1995/fidv04n04-1995Wi/fidv04n04-1995Wi_027-how_venice_rigged_the_first_and.pdf

    This caught my eye “The marked price rises in the aftermath of the Black Death and subsequent epidemics, lasted more than a generation. This then led to a sharp deflation and collapse of wages from about 1380.” It would seem therefore prior to this this deflationary wave (for labour) was an inflationary wave with nothing transitory about it. Distance trade collapsed for decades with no LoC financing.

    This reminds one of the left feignt right sock to the jaw routine. First inflation to lure the FOMO suckers all into debt and then ker-powww, collapse the prices and then it’s veni vidi carpe collaterum. Way back maybe 2010 I ran across iTulip which I’d remembered from paleointernet days and had been resuscitated – perhaps the same dude as before, Eric Janzen, who was pontificating a Ka-poom Theory of economic folly and even had a forum! Ka-poom – first by inflation then by deflation
    it’s a mantra

    • Hubbs says:

      I signed up for iTulip years ago and remember the Ka-Boom theory. But back then I figured if world economy suddenly collapsed into a deflationary black hole after a brief bout of stagflation, it would be folowed by the supernova of inflation, but then a new system would reform like before to start the cycle anew. Janzten forgot the energy and raw materials.

      I really can’t be sure in my mind whether we will have a sudden deflationary drop in the economy. It depends. Kind of like when flying a Decathalon and approaching stall speed with the nose pointed up and then suddenly the plane abruptly drops out of the sky into a more difficult to recover spin as opposed to a gentler aircraft like a Piper Warrior/Archer that won’t drop, rather it will shudder, mush, drop a little bit and is easily recoverable. I don’t think we are in a Piper anymore.

      I don’t see why so many focus on the “Boom” part. It won’t matter what kind of hyperinflation. It will be essentially nothingness. All currencies will be worthless so hyperinflation becomes meanngless. When the Deutschmark went supernova, there were still other currencies some could seek refuge ( in addition to PM.) Same with Zimbabwe dollar. The Venezulean Bolivar. There was still an alternative currency. This does not appear to be the case now (short of oil, gold or other comodities. Even weapons need maintenance and to a large extent energy.) We are on our own.

      Could the Globalists’ ultimate global “kill shot” be the intentional collapse of all currencies? If so, would this deliberately precede a CBDC, or follow it?
      Are all these COVID and FF shortages, illegal alien southern invasion, corrupt media, corrupt electons, corrupt rule of law, corrupted education systems, etc. just preliminary blows to “soften us up first?”

      I have stopped following all these “financial gurus.” They are wrong half the time and you don’t which half of the time they will get it right. Financial services and podcasts “like, share and subscribe” that toe the line certainly have been growth industries, just as politics is a growth industry. Only the parasites are growing these days.

      • Jon F says:

        Same here….I still watch Greg Mannarino as I find him hilarious…but I don’t take financial advice from him or any of the others.

        I think that the most interesting idea out there at the moment is Tom Luongo’s…as he sees it, the “club” is not united…the Fed is not on board with the Davos/Wef crowd…the Fed, supported by the big US banks will defend the dollar at all costs…and if continued rate hikes crater the markets, blow up the ECB and other central banks, then so be it…he doesn’t portray this as good v evil, but rather mafia v mafia.

        Time will tell…

        • Jane says:

          Luongo’s analysis gave me a spark of hope.

          But then a bunch of big US commercial banks announced that they were “testing” a digital currency.

          That seemed to neutralized Luongo’s analysis.

          Another guy who has some interesting things to say is “Parallel Mike.” His last name remains a mystery. His father was a London mobster, so possibly Jewish. Anyhow, his descriptions of the current stat eof the biggest commercial AND central banks is worth a listen; also his interview with Monica Perez.

          IMO the biggest takeaway is that the banks are insolvent and they will drain all of their customer’s savings in order to stay afloat. So if you have any savings, turn the cash into some kind of real property pronto.

          Parallel Mike and his Polish wife have ditched the UK and settled in an agricultural area of Poland to weather the coming storms!! Wish i could find out where! He has a Patreon thing.

    • davidinamonthorayearoradecade says:

      a long read and worth the time.

      https://archive.schillerinstitute.com/fidelio_archive/1995/fidv04n04-1995Wi/fidv04n04-1995Wi_027-how_venice_rigged_the_first_and.pdf

      it’s always the Banksters!

      financial gimmicks, economic crises, less food, malnutrition, then plagues.

      all of the above are in the modern mix.

      it probably never was just inflation followed by just deflation.

      the modern mix looks like inflation of essentials will continue, and will be accompanied by deflation in non-essential goods and services.

      overall CPI could get close to zero or even into deflation, but also it might mean little to the average person if their food and energy costs keep rising fast.

      • reante says:

        david

        You need to absorb what it is that Nicole wrote in that link of I posted, about using the terms inflation and deflation properly, otherwise you’re just creating noise that could confuse people who are just now trying to understand finance and economics. Clearly you never got a handle on it yourself. Now is the time.

        There is no such thing as “inflation of essential goods” not “deflation of essential goods.” That’s butchery. Thank you for your attention.

    • Apparently, Venice even had something akin to derivatives, making it possible to get both large gains and large losses.

    • moss says:

      Janszen’s Ka-poom Theory caught my eye because it was a pattern I’d seen previously, when two months in South Korea mid 1998. South Korea was in the midst of an economic depression. Business was dead, department stores with bankruptcy clearance sales, restaurants literally empty, dead apartment projects some of ten towers littering cities, like nothing I’d ever seen before in an advanced economy. In fact I nearly bought an apartment, imminently to be completed from the developer, but was a little wary with the issues of renting it out so I figured it’d have to be cheap enough to just leave empty. The exchange rate almost came down to hit the trigger, but hovered a touch above it till after I’d left.

      The previous year, 1997 during the Asian Contagion, the KRW seriously collapsed and the authorities put up rates to defend the currency, then more until a wave of massive bankruptcies swept across the country. Twelve months later when I was there rates were coming down steadily and it took the economy some years more to regain its economic buoyancy. Last year I read several references to there being a residential bubble

      Other deflationist wave analysts, blog artists are out there. My diet is very piebald. One odd thing often strikes me; the frequency that when one states inflation, the other reads hyperinflation. It seems difficult for me to interpret what I’ve seen since 2008 to be anything other than the most extreme creation of central bank assets (printed money) in history.

      Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” So yes, if the decision is to inflate out the wazoo it can be done and will support stock market prices (but not the currency) until it doesn’t. Another reading could be that we’ve had the inflation seven fat years twice and now reversion to the mean time.

      Banned suggested he thought it possible for the USA to return to productivity. It would require standard of living adjustments.

      static.independent.co.uk/s3fs-public/thumbnails/image/2016/03/15/18/web-Kai-Caemmerer-3.jpg

      standard of living = carbon footprint

  40. Fast Eddy says:

    DO NOT resuscitate (DNR) orders (not informed or consented), diamorphine, midazolam, Remdesivir, intubation and ventilation; this was the COVID protocol that killed our parents and grandparents

    https://palexander.substack.com/p/do-not-resuscitate-dnr-orders-not

    the CovIDIOTS would be unable to handle this truth – they’d lose their minds

    • Replenish says:

      First off.. when you are diagnosed… go home, take some Tylenol and isolate until the infection has moved from the nasal passages to the lungs and you can barely breath… call the ambulance.. triage and illegal DNR bracelet.. you are stressed from low oxygen.. have some sedatives and pain killers.. your O2 is low.. intubation and ventilation.. death. We lost two 70 year olds this way. No early treatment protocol.. no choice from the beginning. There’s no conspiracy here. Nothing to think or unthink. They lied and people died.

      Dad’s girfriend is on HCQ for Shrogens Disease. Her Doctor said they haven’t lost one patient out of several thousand to Covid and they are all prescribed HCQ for pre-existing condition. Fauci previously on record touting HCQ as potential therapeutic for viral infection. You don’t get a signal if you don’t look for it. $tupid, $tupid, $tupid!!

    • It was poor treatment, more than severe disease, the killed many Covid-19 patients.

      • Student says:

        In Italy that was added by the famous suggest wrong protocol at home of ‘Tachipirina and wait’ (from Ministry of Health) which had probably the real intention to have people to get worse their phisical conditions and ask for hospital treatments.
        Actually it was then discovered that ‘Tachipirina’ did increase the well-known ‘citochine’ storm inside the body and helped Covid to become more dangerous…

  41. Herbie Ficklestein. says:

    The Late Bronze Age…
    NEW STUDY OF ULUBURUN SHIPWRECK REVEALS ANCIENT TRADE NETWORK
    https://www.heritagedaily.com/2022/12/new-study-of-uluburun-shipwreck-reveals-ancient-trade-network/145420?amp

    new study of the 3,000-year-old Uluburun shipwreck has revealed a complex ancient trading network during the Late Bronze Age.

    The Uluburun shipwreck was discovered by a local sponge diver in 1982, close to the east shore of Uluburun (Grand Cape), Turkey.

    The distribution of the wreckage and scattered cargo, indicates that the ship was between 15 and 16 metres in length. It was constructed by the shell-first method, with mortise-and-tenon joints similar to those of the Graeco-Roman ships of later centuries.

    The study by researchers from the Washington University in St. Louis have compared tin from the wreck site with samples of tin found in small communities of highland pastoralists living in present-day Uzbekistan.

    The team applied a geochemical analysis, which revealed that one third of the tin on the wreck originated from a prehistoric mine in Uzbekistan, more than 2,000 miles from Haifa, where the ill-fated ship loaded its cargo.

    Michael Frachetti, professor of archaeology in Arts & Sciences at Washington University in St. Louis said: “It appears these local miners had access to vast international networks and — through overland trade and other forms of connectivity — were able to pass this all-important commodity all the way to the Mediterranean.”

    “It’s quite amazing to learn that a culturally diverse, multiregional and multivector system of trade underpinned Eurasian tin exchange during the Late Bronze Age. To put it into perspective, this would be the trade equivalent of the entire United States sourcing its energy needs from small backyard oil rigs in central Kansas,” added Frachetti.

    The current research findings settle decades-old debates about the origins of the metal on the Uluburun shipwreck and Eurasian tin exchange during the Late Bronze Age. But there are still more clues to explore.
    After they were mined, the metals were processed for shipping and ultimately melted into standardised shapes — known as ingots — for transporting. The distinct shapes of the ingots served as calling cards for traders to know from where they originated.

    Many of the ingots aboard the Uluburun ship were in the “oxhide” shape, which was previously believed to have originated in Cyprus. However, the current findings suggest the oxhide shape could have originated farther east. Frachetti said he and other researchers plan to continue studying the unique shapes of the ingots and how they were used in trade.

    The network system works in many unexpected ways!

  42. Fast Eddy says:

    The Unavoidable Crash

    NOURIEL ROUBINI
    After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and there will be little that policymakers can do about it.

    https://www.project-syndicate.org/commentary/stagflationary-economic-financial-and-debt-crisis-by-nouriel-roubini-2022-12

    • davidinamonthorayearoradecade says:

      Q1 boom?

      don’t worry, every 90 days or so we can update the Q number.

    • Article ends:

      To be sure, advanced economies that borrow in their own currency can use a bout of unexpected inflation to reduce the real value of some nominal long-term fixed-rate debt. With governments unwilling to raise taxes or cut spending to reduce their deficits, central-bank deficit monetization will once again be seen as the path of least resistance. But you cannot fool all of the people all of the time. Once the inflation genie gets out of the bottle – which is what will happen when central banks abandon the fight in the face of the looming economic and financial crash – nominal and real borrowing costs will surge. The mother of all stagflationary debt crises can be postponed, not avoided.

      So perhaps debt defaults can be postponed for a bit by money printing and the like, but the UK has already discovered that its own currency falls, if it tries this approach. It can’t really get ahead with this approach.

      Higher interest rates can raise the US$, relative to other currencies, but this doesn’t work well either. for very long, either. It cuts off borrowing, for one thing. The high dollar makes US exports too expensive for other countries to buy.

      • Fast Eddy says:

        I submitted an article to project syndicate…

        We are F789ed.

        Raising interests to tame inflation implodes the economy because of the super-saturation of debt.

        Keeping interest rates low will cause inflation leading to hyperinflation.

        The CBs will choose option two because option one will – as we saw with the UK pension situation – result in an immediate catastrophe leading to ROF.

        UEP is the way out.

  43. It does not matter who is more ‘right ‘ or ‘wrong’.

    Some people are rooting for the so-called Multipolar World.

    If that happens, we can kiss goodbye to Singularity, Space Travel, Fusion Energy and everything which is related to advancing civilization to the next stage

    Whether some people like or not, it is necessary for a single faction, represented by the US liberals, to control most of the world’s resources and leave nothing for the rest.

    Advancing to the next stage of civilization is a greater good than anything you can imagine, and to reach there no amount of sacrifice is enough.

    Even if those not friendly to USA and those exploited by USA may not like this arrangement, it is the only way to reach the next level of civilization and make space travel possible so we can get all the energy and resources of the space, although some aliens might not like that idea.

    • Xabier says:

      It might be unwise to annoy those aliens, I should have thought?

      Perhaps we are experiencing a pre-emptive strike to frustrate our ambitions?

    • I am afraid most of us here do not believe that “advancing to the next stage of civilization” is possible, from where we are now.

      Humans would have to evolve in a different way. If humans can somehow change in a way that allows them to extract resources more efficiently, maybe in the next cycle (likely thousands of years from now, or more), there might be a possibility of “reaching the next level of civilization.”

      • the resources we use took 00s of millions of years to accumulate—in terms of metal ores, make that 4 billion years

        so there will be no ‘re run’ in the hope of making less of a mess next time

        we have been a one shot wonder.

        game over, there will be no ‘advancing civilisation.’

        No form of advanced civilisation is possible without fire and hard edges.

        • David says:

          Norman, many of the metals from the richest ores are now neatly stashed at or near the earth’s surface ready for re-use. Especially copper and steel, which corrode less than aluminium.

          Get ready too for mining landfill sites, possibly iron ore mine tailings, maybe even the special landfills of incinerator ash? (The last is probably more difficult.) But yes, the largest deposits of cheap oil and natural gas are mostly gone.

          • Withnail says:

            Retrieving different metals from millions of buildings and vehicles and landfills isnt the same as mining an ore deposit which is all the same metal.

            We don’t have enough energy to mine landfills or mine tailings.

          • Dennis L. says:

            David,

            If the cheap natural gas is mostly gone, why were low prices a problem for so long?

            Irony: Greta is getting her wish, abandoning fossil fuels in Europe; hope she has warm clothes.

            Dennis L.

            • natural gas is useless until it is burned

              if the means by which it is burned is reduced, then the price of the gas itself will fall to a ‘usable’ level.

            • Withnail says:

              Because of the nature of gas, it’s so hard to transport that you can easily end up with too much in some locations and not enough in others.

              This has tended to make the overall price too low.

              The natural gas price you could say is really the price of pipeline construction.

        • D. Stevens says:

          Thankfully metal ores are abiotic so the mines will refill themselves if we just wait a few years.. right?

          • Withnail says:

            In Scandinavia so-called bog iron can be found as a layer in wet ground.

            Now that i think about it, this is probably what made the Vikings powerful. They were able to produce more steel weapons than the people living in the former Roman empire.

            They also still had timber to make ships. With that combination they could go anywhere and win a battle when they arrived.

            • Xabier says:

              They might also have had an advantage in war and raiding if they were able to make more armour, esp. to protect against head- wounds.

              Victories in battle against other elite warriors would have brought a harvest of even more weapons and armour, as mentioned in the epic Beowulf.

      • Dennis L. says:

        My bet is soon, things will get better on the whole, not worse. We have an incredible amount of knowledge, many problems are now solvable.

        Many of us will not like the solution, trick is to get with the right solution and know the right solution.

        Any ideas on the right solution?

        Dennis L.

        • unfortunately one person’s solution is another person’s conspiracy

          you can prove that just by checking OFW archives.

          but most, if not all ‘active’ solutions to major ‘problems’ require greater energy input than was used to create the ‘problem’ in the first place.

          The problem:—–A car factory employs 10k people, but a downturn means cars are no longer selling–thousands face unemployment.

          The solution:—- inject more energy into the system so that people have more money to buy cars.
          Problem solved–until next time.
          ******

          Problem:–Hospitals overcrowded—too many sick people

          solution:— build more hospitals, recruit more staff. Killing off sick people isn’t, (or shouldn’t be) an option. But that would use less energy.

    • davidinamonthorayearoradecade says:

      the Great Russian Reset guarantees that there will be, more precisely that there already is a Multipolar World.

      “Some people are rooting for the so-called Multipolar World.
      If that happens, we can kiss goodbye to Singularity, Space Travel, Fusion Energy and everything which is related to advancing civilization to the next stage.”

      okay, goodbye, *smooch* XOXO.

      multipolar world today, baby.

    • Ed says:

      US liberal hate science, technology, and advancement. Better to go with the Russians if you want to do science and technology.

    • Fred says:

      “To infinity and beyond” said Buzz Lightyear, so he agrees with you.

      Later though, he seemed less optimistic: “And there seems to be no sign of intelligent life anywhere.”

      • Bobby says:

        Yup, There’s not that much intelligent life on Earth, at least not the type that stops one from getting lonely or gets past that pesky human, self absorbed preoccupation with little individual minds, fragile bodies, bodily exertions and trying to control just about everything. (mostly it’s lawyers and politicians doing the most excreting).

        If there happens to be a ‘functional hyperdrive’ laying around in ‘someones garage’, not sure if they’d be being that responsible ‘letting on’, until after nature takes it’s course. The most essential things to develop in order to reach singularity is a fully autonomous and benevolent AI, who can build said drive systems and also having an actual place to go. (An Earth Like World).

        A planet’s bio system in it’s death throws is a potent motivator even though a sad reality. Thankfully we haven’t managed to kill Gaia yet and she’s going to hopefully fight back and win. That said getting off rock is meant to be hard Kulm, The planet’s a gravity well for a reason. Vast as it is, there is only limited space in space for ‘apes in space’

        I always thought, the Moon should have been a lot bigger, rounder and much much further away, but it got made from the debris ring of the last smack! Things happen in cycles, and everything’s going to at least get into orbit at some stage if only very briefly.

        Have patience K and hold on to that sense of humour.
        It’s essential.

    • Jef Jelten says:

      Kulm – Yours is the typical racist view point. The evil outlaw empire has suppressed the potential genius of two thirds or more of the planet through a whole host of ugly, violent actions for over 100 years now.

      Humanity has lost 1000 times more than they have gained by having your “exceptional” hand full of people dominate the planet mainly motivated by the perverse incentive of capitalism.

      This is the truth but nearly everyone unconsciously believes that 80% of the population are poor simply because they are inferior (and have dark skin).

      • Dennis L. says:

        Jef,

        Which of the “oppressed” countries would you chose as home?

        • Jef Jelten says:

          Den – Whu do you think all those oppressed countries are shit holes?

          • Dennis L. says:

            I asked a question, there is no statement made.

            Again, which country would you prefer?

            Dennis L.

            • Jef Jelten says:

              I would prefer that none of the “other” countries were violently oppressed, raped and pillaged, by the “west”.

              Your question is a straw man. It is like asking which version of hell would you rather I send you to?

              Your point is clear, they are not nice places to live. I am telling you that they are that way because WE made them that way. HELLOOOOOOOOOO!!!

      • Lidia17 says:

        Look at a world IQ map. Look at the skull of an Australian aborigine compared with the skull of a European.
        Reality is racist, sexist, able-ist, etc.
        Modern egalitarianism is as much a political cudgel as it is a luxury borne of fossil fuels.

    • Mike Roberts says:

      What is “the next stage” or “the next level”? It’s odd that some people think that there is some kind of path that societies need to move along. Any changes that occur are just that, changes, they are not advancements, except in some narrow sense (when measured against some arbitrary and narrow objective). There is no real progress, just change. And there are consequences to change.

      • Fast Eddy says:

        Hey mike … you feeling ok after all the shots?

        What’s your update view on the boosters?

    • Withnail says:

      I don’t see any signs of advancement. On the contrary, all the important inventions were invented decades or a century ago.

      Cars, electric light, washing machines, gas cookers. Those are real things. an iphone doesn’t change your life the way those do.

  44. Mirror on the wall says:

    Various developments. France foresees rolling black outs through the winter.

    EU is set to seize Russian assets, through the use of ‘retrospective law’ (make up a new law, and prosecute someone for breaking it in the past), which has been rejected by civilisation in its entirety for 1000s of years, but EU is like “yes, let’s do this” LOL.

    Russia will disallow traders from selling Russian oil to any country or company that signs up to a price cap. Russia could lower production to push the price higher, if OPEC+ agrees, which recent news suggests it will.

    The non-West is set to pool its payment cards into a single payment system to bypass the Western financial system. And a global union of gas producers is on the horizon, likely with that payment system.

    > EU bad moves, oil price cap. Russia big moves, gas union

    • I expect that rolling blackouts for France will be a big deal, if they occur. The rest of Europe has been depending on France’s exported electricity. Now that is gone.

      Alex talks about EU’s efforts to seize Russian assets. Such an action is completely illegal, according to Alexander. Exception might be if there is a criminal conviction, according to Alex. I am sure such a seizure is likely to make Russia angry.

  45. Slowly at first says:

    Well-being consists in order and organization which requires energy.

    (Low energy = disorder and disorganization)

    • reante says:

      For sure. Tom Cowan, who has his flawed, luddite ‘flat-earthings’ of biology, is still the Yoda of the terrain. He refers to low energy as low flow. Lowering flow is a natural part of the aging process but it can also be due to disease.

      One of Tom’s very fine and true insights is that high blood pressure is the intelligent body’s intelligent response to low flow, either due to chronic systemic disease or advanced age (and I mean old, but workload also comes into play). It’s just simple fluid mechanics that our bodies reasoned out eons ago by learning from water. Water learned it from the gases that came before them that then became water. By raising the pressure of water (blood) you increase the flow rate. You don’t increase the overall volume of flow but you increase the rate of flow. (You increase the volume of flow by increasing your metabolic output.)

      High blood pressure is the body’s intelligent way of maintaining a healthy rate of flow of oxygen, primarily, to our cells which are microscopic little single-celled organisms with extremely fast metabolisms that are concomitantly sensitive to aerobic perturbations that can easily result in intermittent or chronic low-level hypoxia and the poor function that comes with that.

      Plaque levels and locations on the walls of the larger branches of our circulation system is the fine control for the advanced fluid mechanics. In a perfect world of robust health there is no plaque because it’s not needed. In a diseased state the plaque is there, and it’s being intelligently grown there in order to maintain rate of flow, but that doesn’t come for free. High pressure comes with negative physiological symptoms because disease is a bad thing. And we should be grateful for those symptoms because they alert our mind to the fact that we’re haven’t been taking good enough care of ourselves for a long time or we wouldn’t have a chronic disease.

      And along comes allopathy with its clever big pharmacology and gives you pills to artificially suppress your blood pressure so that it comes back in line with the farming orthodoxy, rendering your rate of flow of oxygen to your cells too low. And they put you on statins too because they think that the plaque just randomly shows up there because you’re eating too much animal fat or whatever even though it is the liver that synthesizes cholesterol and not your diet lol. They think that the diet causes your body to store stupidly cholesterol on your artery walls just like the stupid body is now stupidly growing tumours in its veins. Because the body is stupid and it in need of constant intervention by brilliant minds that evolved out of stupid bodies lol.

      • DB says:

        Thank you for Cowan’s insights on blood pressure. His doubting of viruses, in principle, is healthy, but he is dogmatic, doesn’t confront the evidence for them, and plays debater’s games. As you seem to imply (and I agree wholeheartedly), this example shows that it’s important not to dismiss automatically all of a person’s ideas, even if some or most of them are weak or wrong.

        • reante says:

          Thanks DB.

          Cowan doesn’t doubt viruses, he knows they don’t exist as such. There IS no evidence for them as pathogens, DB, for reasons already mentioned.

          Cowan’s problem is that he won’t acknowledge that exosomes have been functionally isolated from body fluids and batch-sequenced, sorted, and, and cross-referenced with the exhaustively trialed-and-errored sorting and classification protocols of the ‘viral’ culturing methodology that is the cornerstone of the fake science of virology. Everything Tom Cowan says about the inadmissibility of culturing ‘viruses’ (exosomes in truth) in order to establish their pathogenicity is true.

          They’re not establishing pathogenicity, they’re establishing (reconfirming the obvious over and over and over again lol) the cytopathic effect of poisoning and/or starving, to varying degrees, imprisoned and alone (lonely) human cells, which then produce Red Alert exosomes before dying in any number of ways specifically related to the highly- specific, trialed-and-errored tirture the virologists are putting them through. Torture them this way, they produce this dis-ease signaling in the name of this particular healing pathway; torture them that way, they produce that signaling.

          In their sick Shadowminds, virologists twist the true narrative of the ongoings inside the torture chamber to suit themselves (their bourgeoise lifestyles) and so they say that the cells’ exosomal cries for help to their human body that once they were ripped from, cries to the body to send resources their way, the virologists call those cries for help viruses, and blames those viruses for doing the killing just because a few of those same exosomal cries for help were cried-out by the imprisoned and alone and junkfed human cells before the virologists had decided they’d officially started torturing them.

          Tom Cowan and his club of dissidents decided to put blinkers on. Part of it is because actual flat-earthers make up a large minority of the disbelievers in germ theory just because flat-earthers suffer from intellectual Oppositional Defiance Disorder and so if you believe in a flat earth then by default you’re not going to believe in germs either. And Cowan’s making good money with his seminars and whatnot. Easily the best money of his life I don’t doubt. His books selling like wildfire, and I’m sure they’re really good.

          But the commercial terrain community he’s a part of leans heavily anti-materialist. They’ve overreacted to the corruption of scientific materialism, overreacted to the legacy of Richard Dawkins, and they’ve swung themselves into New Age ‘biology.’ The false dialectic as always.

          Stefan Lanka is a big part of the problem. They all look up to him, and Stefan makes a mess out of Reason as I detailed at the top of that thread at the viroliegy blog that I linked Cromagnon to the other day. Lanka doesn’t believe in a genome but does say that chromosomes themselves do exist but that they’re highly unstable.

          And that subculture takes hold – highly intelligent people in it who write GREAT comments go down that anti-materialist rabbit hole on the micro level like where our friend, Cromagnon, has gone on the macro level, which, again, boils down to: if matter doesn’t exist then holographic Reality must be a simulation, and therefore, none of the object-modeling (atoms, molecules, biochemistry, ourselves) is real, so we must just be otherworldly spirits having a simulated experience so we shouldn’t really put any stock in this world. We shouldn’t put any stock in any object-modeling that can be weaponized against us by TPTB.

          It’s a religious persecution complex. It throws the baby out with the bathwater. I strongly suspect that Andrew Kaufman is an agent that has pushed Tom in that direction, in the direction of controlled opposition. They won’t even acknowledge the revolutionary power that the RT-PCR test gave to vaccinology because they won’t acknowledge the functional reality of exosomes. They’re catering to an audience that wants simple, clear-cut answers, that want black-and-white, that don’t want to be dependent on the industrial field of proteomics in order to understand what’s truly going on – that’s the ludditism. Kaufman is the main engine for business opportunities in that group that I can tell.

          Tom’s a good guy for sure and has a great intuitive feel for biology. I learned from his studies of the often brilliant Rudolph Steiner that the heart is obviously not a pump. I know, crazy sounding statement. Let me refine that statement: the heart is not THE pump. It’s pumping action is just a modulator that changes an otherwise constant flow into a modulated, cyclical flow. If you look at the structure of the heart and consider the force that would be required to literally pump blood from a high-volume chamber, through successively decreasing-volume arteries, and finally through tiny capillaries we can see that it’s not possible. Now, I don’t know that the establishment actually says that the heart is physically responsible as a pump for providing all the blood’s momentum but that was what I always believed.

          Another fascinating thing Steiner appears to have discovered by examining chick embryos I believe, is that in the left ventricle and through the aorta the blood flow is actually three distinct streams spiraling around each other, around a central vacuum, and indeed it seems to me that such a spiral would have to have a vacuum at its center. After I read that I started to closely examine the blood as it streamed out of the aortas of my sheeps and goats and I dare say i can see the spiraling.

    • Good point!

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