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It has recently become clear to me that heavy oil, which is needed to produce diesel and jet fuel, plays a far more significant role in the world economy than most people understand. We need heavy oil that can be extracted, processed, and transported inexpensively to be able to provide the category of fuels sometimes referred to as Middle Distillates if our modern economy is to continue. A transition to electricity doesn’t work for most heavy equipment that is powered by diesel or jet fuel.
A major concern is that the physics of our self-organizing economy plays an important role in determining what actually happens. Leaders may think that they are in charge, but their power to change the way the overall system works, in the chosen direction, is quite limited. The physics of the system tends to keep oil prices lower than heavy oil producers would prefer. It tends to cause debt bubbles to collapse. It tends to squeeze out “inefficient” uses of oil from the system in ways we wouldn’t expect. In the future, the physics of the system may keep parts of the world economy operating while other inefficient pieces get squeezed out.
In this post, I will try to explain some of the issues with oil limits as they seem to be playing out, particularly as they apply to diesel and jet fuel, the major components of Middle Distillates.
[1] The most serious issue with oil supply is that there seems to be plenty of oil in the ground, but the world economy cannot hold prices up sufficiently high, for long enough, to get this oil out.
As I frequently point out, the world economy is a physics-based system. World oil prices are set by supply and demand. Demand is quite closely tied to what people around the world can afford to pay for food and for transportation services because the use of oil is integral to today’s food production and transportation services.
Heavy oil is especially involved in this affordability issue. As oil becomes “heavier,” it becomes more viscous, and thus more difficult to ship by pipeline. If oil is very heavy, as is the oil from the Oil Sands of Canada, it needs to be mixed with an appropriate diluent to be shipped by pipeline.
Heavy oil often has sulfur and other pollutants mixed in, adding costs to the refining process. Furthermore, heavy oil, especially very heavy oil, often needs to be “cracked” in a refinery to provide a desirable mix of end products, including diesel, jet fuel, and gasoline. This, too, adds costs. Otherwise, there would be too much of the product mix that would be like asphalt. Also, as noted previously, even if the costs of production are high, the selling price of diesel cannot rise very high without raising food prices. This tends to keep the prices of heavy crude oils below those for lighter crude oils.
Many people believe that the high level of “Proved Oil Reserves” worldwide makes it certain that businesses can extract as much oil as they would like in the future. A major issue is whether these reserves mean as much as people assume they do. Oil reserves of OECD countries (an association of the US and other rich countries) are likely to be audited, but reserves of other countries may not be. Asking a relatively poor oil-exporting country the amount of its oil reserves is like asking the country how wealthy it is. We should not be surprised by fibbing on the high side. The problem is that the vast majority of reported oil reserves (85%) are held by non-OECD countries. These reserves may be significantly overstated.
Also, even if the reserves are fairly reported, will the country have the resources to extract these reserves? Venezuela reports the highest oil reserves in the world thanks to its heavy oil in the Orinoco Belt, but it extracts a relatively small amount per year. An October 2022 article says that the country is waiting for foreign investment to expand production.
Going forward, oil companies everywhere need to worry about broken supply lines for necessary items, such as steel drilling pipe. They need to worry about finding enough trained workers. They need to worry about the availability of debt and the interest rate that will be charged for this debt. If private oil companies look at the true prospects and find them too bleak, they will likely use their profits to buy back the shares of their own oil companies instead (as is happening now).
[2] While oil producers can crack heavy oil to make shorter hydrocarbons in a way that is not terribly expensive, trying to make near-gasses and light oils into diesel becomes impossibly expensive.
It is easy for people to assume that any part of the oil mix is substitutable for another part, but this is not true. Cracking long hydrocarbon chains works to make shorter chains, but the economics tend not to work in the other direction. Thus, it is not economically feasible to make gasoline into diesel (which is heavier), or natural gas liquids into diesel.
[3] If there is inadequate oil supply, the impacts on the economy are likely to include broken supply lines, empty shelves, and inflation in the price of goods that are available.
If there is not enough oil to go around, some users must be left out. The result is that some of the less profitable consumers of oil may file for bankruptcy. For example, the Wall Street Journal recently reported Trucking Giant Yellow Shuts Down Operations. This bankruptcy makes it impossible for some stores to get the merchandise that would normally be on their shelves. As a consequence, it makes it likely that some replacement parts for automobiles will not be available when needed. There is a workaround of renting another vehicle while a person’s car is waiting for repairs, but this adds to total costs.
This workaround illustrates how a lack of adequate oil can indirectly lead to higher overall costs, even if the oil itself is not higher-priced. The need to work around supply line problems tends to lead to inflation in the prices of goods that continue to be available.
[4] The fact that the quantity of oil that could be affordably extracted was likely to fall short about now has been known for a very long time, but this fact has been hidden from the public.
In 1957, Hyman Rickover of the US navy predicted that the amount of affordable fossil fuels would fall short between 2000 and 2050, with the amount of oil falling short earlier than coal and natural gas.
The book The Limits to Growth by Donella Meadows and others, published in 1972, discusses the result of early modeling efforts with respect to resource limits. These resource limits were very broadly defined, including minerals such as copper and lithium in addition to fossil fuels. A range of indications were produced, but the base model (based on business as usual) seemed to show limits hitting before 2030 (Figure 1).
Since the resource limits include minerals of all types, these limits would seem to preclude a transition to clean energy and electric cars.
Educators, advertisers, and political leaders could see that discussing the oil problem would cause economic suicide. What would be the point of buying a car, if a person couldn’t use it for very long? Educators felt that students needed to be guided in the direction of hoped-for solutions, no matter how remote they might be, if university programs were to remain open.
Politicians and government officials wanted to keep voters happy, so the self-organizing economy pushed them in the direction of keeping the story from the public. They tended to focus on climate issues instead. They added biofuels to stretch the supply of gasoline, and to a lesser extent, diesel. They also increased the share of natural gas liquids. The selling price of these liquids tends to be quite low, relative to the price of crude oil.
They started providing reports showing “all liquids” rather than “crude oil,” in the hope that people wouldn’t notice the change in mix.
[5] The world’s number one problem today seems to be an inadequate supply of Middle Distillates. These provide diesel and jet fuel.
Diesel and jet fuel provide the big bursts of power that commercial equipment requires. Many types of equipment are dependent on Middle Distillates, including semi-trucks, agricultural equipment, ocean-going ships, jet planes, road-making equipment, school buses, and trains operating in areas with steep inclines.
Because of its concentrated store of energy, diesel is also used to operate backup generators and to provide electricity in remote areas of the world where it would be impractical to have year-round electricity without an easily stored fuel.
In Figure 3:
- Light Distillates are primarily gasoline (78% in 2022).
- Middle Distillates are diesel (82%) and jet fuel/kerosene (18%).
- Fuel Oil is a cheap, polluting, unrefined product. If environmental laws permit, it can be burned as bunker fuel (used in ships), as boiler fuel, or to provide electricity.
- The Other category includes near-gasses such as ethane, propane, and butane (58%). It also includes some very heavy oil used as lubricants, asphalt, or feedstocks for petrochemicals.
Until recently, it has been possible to increase diesel production by refining an added share of Fuel Oil. Fuel oil is quite heavy (barely a liquid), so it is well-suited to be refined into a mix that includes a large share of Middle Distillates.
Now we are running short of Fuel Oil to refine for the purpose of producing more Middle Distillates. The Fuel Oil that is still consumed is used in what I think of as the poorer countries of the world: the non-OECD countries (Figure 4).
Poor countries tend to value “low price” over “prevents pollution.” It is likely to be difficult to get these countries to move away from the use of Fuel Oil.
[6] Countries around the world are now competing for Middle Distillates to maintain the food production, road building, commercial transportation, and construction portions of their economies.
Figure 5 shows that since about 1983, consumption per capita for both Light Distillates and Middle Distillates has been generally slightly growing. Growth in usage tends to be higher for Middle Distillates than Light Distillates. The total quantity consumed is also higher for Middle Distillates.
The dip in consumption per capita in 2020 is much more pronounced for Middle Distillates than Light Distillates. For Middle Distillates, the change from 2018 to 2020 is -16%; the change from 2018 to 2022 is -7%. The corresponding changes for Light Distillates are -11% and -4%.
The difference in patterns in Light Distillates and Middle Distillates is not surprising: Gasoline, the main product of Light Distillates, has been the focus of efficiency changes. It is also possible to dilute gasoline with ethanol, made from corn. Voters in the US are particularly aware of gasoline availability and price, so politicians tend to focus on it.
Diesel and jet fuel, made using Middle Distillates, are less on the minds of voters, but they are probably more important to the economy because people’s jobs depend upon the economy in its current form holding together. Inadequate Middle Distillates leaves empty shelves in stores because of broken supply lines. It also leads to inflation of the type we have recently been experiencing. Indirectly, lack of Middle Distillates can lead to debt bubbles collapsing, and to problems of a different type than inflation.
Up until 2007, Middle Distillate consumption was generally increasing for both OECD countries and non-OECD countries. The Great Recession of 2008-2009 particularly affected OECD countries. European countries found their economies doing less well. For example, less diesel was used to operate tour boats carrying tourists; a larger share of available jobs were low-paid service jobs.
The year 2013 was a turning point of a different type. The consumption of non-OECD countries caught up with that of OECD countries. While non-OECD countries might like to maintain their rapid upward trajectory in the consumption of Middle Distillates, this no longer seems to be possible.
[7] Under the Maximum Power Principle, the physics of the economy pushes the economy toward optimal low-cost solutions, especially as the quantity of Middle Distillates approaches limits.
The economy, like every other ecosystem, operates under the principle of “survival of the best adapted.” In terms of the sale of goods, this means that the lowest-priced goods will tend to win out in a competitive environment, provided that they are of adequate quality and that the makers can earn an adequate profit in making them.
Furthermore, the makers of the goods must earn a high enough profit both for reinvestment and to pay adequate taxes to their governments. Payments of taxes to governments are essential; otherwise governmental collapse would occur due to the growing debt that cannot be repaid.
If inflation becomes a problem, rising interest rates would tend to push governments with large amounts of debt toward collapse because they would become unable even to make interest payments from current income.
In this self-organizing economy, buyers of goods don’t know or care much about the lives of the workers in the system. Optimal low costs of manufacturing in a world market might mean:
- Manufacturers have access to very inexpensive energy sources and use them.
- Pollution control is ignored to the maximum extent possible, without serious harm to the workers.
- Governments provide very little in the way of benefits to citizens, such as health care or pensions, keeping the cost of government low.
- Workers can get along on relatively low salaries because little heating or cooling of homes is needed.
- Workers don’t expect private vehicles, recreational activities, or advanced medical care.
Because the economy favors the lowest cost of profitable production, a person would expect that warm countries that use oil sparingly in their energy mix (India, the Philippines, and Vietnam, for example) would have a competitive edge over other countries in manufacturing.
In general, a person would expect non-OECD countries to outcompete OECD countries, especially if cheap fuel for manufacturing is available. The lack of cheap fuel is increasingly becoming a problem in many parts of the world. Coal used to be cheap, but its price can now spike. Natural gas prices can also spike, especially if natural gas is purchased without a long-term contract. Electricity using wind and solar tends to be high-priced, too, when the cost of transmission is included.
[8] The Maximum Power Principle seems to be pushing the EU away from diesel.
The EU has a serious oil problem. It has essentially no crude oil production of its own. Furthermore, oil production in Europe outside of the EU (mainly the UK and Norway) has been falling since 1999, greatly reducing the possibility of imported oil from this area (Figure 7).
Under these circumstances, members of the EU found that they needed to import nearly all of their oil, and that most of this oil needed to come from outside Europe.
When I look at the data regarding the types of oil the EU has chosen to consume (nearly all imported), I find that it uses an oil mix that is unusually skewed toward Middle Distillates and away from Light Distillates. (Compare Figure 8 with Figure 3).
Part of the reason the EU uses this skewed oil mix is because it has encouraged the use of private passenger cars using diesel through its tax structure. Underlying this tax structure was most likely an understanding that Russia, through its exports of Urals Oil, which is heavy, could provide the EU with the mix of oil products it needed, including extra diesel.
The EU has recently cut off most oil imports from Russia as a way of punishing Russia. This cutoff is being phased in, with most of the impact in 2023 and later. Thus, Figure 8 (which is through 2022) shouldn’t be much affected.
China and India are now buying most of Russia’s exported oil. These countries tend to use the oil more “efficiently” than the EU. In particular, they do more manufacturing than the EU, and they have far fewer private passenger cars per capita than the EU. Furthermore, the EU powers quite a few of its private passenger cars with diesel. If diesel is in short supply, efficiency demands that it should be saved for uses that require it, such as powering heavy equipment.
Because of the efficiency issue, I doubt that the EU will be able to continue importing as high a diesel mix in the future as it has been importing up to now. We know that Saudi Arabia cut back its oil exports by 1 million barrels per day, as of July 1, and this cutback is continuing into August. Russia is also cutting its production by 500,000 barrels a day, effective August 1. If oil prices rise again, I wonder whether the EU will be forced to cut back on its oil imports, essentially because of the Maximum Power Principle.
[9] The substitution of electricity for oil so far has been mostly in the direction of replacing gasoline usage for private passenger automobiles. Substitution of electricity for Middle Distillates would be virtually impossible.
Middle Distillates are largely used for the tough jobs–jobs that require big bursts of power. Electricity and the battery storage required for electricity are not adapted to these tough jobs. The vehicles become too heavy, especially when the big battery packs that would be required are considered. The Wall Street Journal recently reported that battery-powered commercial trucks can cost more than three times the price of diesel-powered trucks, a hurdle much smaller private passenger automobiles don’t face. The wide diversity of types of heavy commercial vehicles would be another huge hurdle in trying to substitute electricity for diesel.
Oil is a mixture of different hydrocarbon lengths. Substitution of electricity for one part of the hydrocarbon mix, namely for the Light Distillates, is not very helpful. Oil companies need to be able to sell all parts of the mix in order to make their extraction efforts worthwhile. If oil companies find themselves without buyers for most Light Distillates, they would have difficulty recouping their overall costs. There would be a possibility of oil production stopping. Without oil, farming would mostly stop. Road repair would stop. Today’s economy would come to a halt.
Of course, as a practical matter, the vast majority of the world will pay no attention to mandates that all private passenger automobiles be EVs. Buyers in most parts of the world will make decisions based on which cars are least expensive to own and operate. As a result, there is little chance of private passenger cars being completely replaced by EVs. Instead, EV mandates in some countries may somewhat reduce the selling price of gasoline worldwide because these drivers are no longer using gasoline. With lower gasoline prices, non-EV’s are likely to become cheaper to operate in countries where they are permitted, boosting their sales. This is an effect similar to Jevons Paradox.
[10] There are many related topics that could be addressed, but they will need to wait until later posts.
A few of samples of other issues:
[a] The world economy is tightly networked together. Inadequate oil supplies per capita tend to push the economy toward forced reduced activity, as was the case in 2020. Oil prices likely won’t rise a whole lot higher, for very long, if the economy is forced to shrink.
[b] Inadequate oil supplies per capita also tend to cause fighting among countries. OECD countries seem to over consume, relative to the benefits they provide to the rest of the world. Perhaps some grouping of non-OECD countries (or parts of countries) will take over in leadership roles.
[c] The self-organizing economy has different priorities than human leaders. All ecosystems in a finite world go through cycles. As conditions change, different species are favored, and new species emerge. Humans have a strong preference for recent conditions that helped humans thrive. Humans need a religion to follow, so leaders have created environmental sin to replace original sin. The catch is that ecosystems are built for change. Pollution can be viewed as a type of fertilizer for different types of species or recent mutations to thrive. Higher temperatures will have a net favorable effect for some organisms.
[d] If a local economy chooses to increase energy costs by taking steps to reduce its carbon footprint, the main impact may be to disadvantage the local economy relative to the world economy. If total energy costs are higher, the cost of finished goods and services is likely to be higher, making the economy less competitive.
[e] I expect that the members of the EU and other rich nations will be the primary countries pursuing carbon reduction technologies. Poorer economies may pay lip service to carbon reduction, but they will tend to focus primarily on increasing the welfare of their own people, whether or not this requires more carbon.
For example, in 2022, China accounted for 66% of global EV sales (5.0 million out of 7.7 million), thanks to subsidies that China made available. China no doubt had many motives, but one of them would seem to be to stimulate the economy. Another motive would be to increase the total number of vehicles in operation. The majority (61%) of electricity generation in China in 2022 was provided by electricity coming from coal-fired power plants, based on information from the Energy Institute. I would expect that more Chinese vehicles manufactured and placed into operation plus more use of electricity from coal would lead to a greater quantity of carbon emissions, rather than a smaller quantity.
WHAT? norm what do you think https://t.me/downtherabbitholewegofolks/82974
We pound harder on the Gates of Hell…
The undisputed credit event of 2021 – a year when rates around the globe were near all time lows and bankruptcies were virtually unheard of – was the default and collapse of Chinese property giant Evergrande, which many feared would drag down the entire Chinese financial system due to its hundreds of billions in real-estate linked liabilities if the state didn’t step in (in the end, Beijing did help but in a much more subdued way than the bull-in-a-China-store nationalizations from the country’s recent history).
Fast forward two years and China is again emerging as the venue of what may be the year’s biggest default, one which – according to Bloomberg – could spark a “debt crisis that rivals China Evergrande Group’s default.”
On Monday, Country Garden Holdings, formerly China’s largest private sector developer and headed by China’s formerly richest woman, Yang Huiyan, officially entered a technical default grace period, failing to pay interest on two bonds and leaving investors in the dark after dollar bondholders said they’ve yet to receive coupon payments. That puts the firm—which had 1.4 trillion yuan ($199 billion) of total liabilities at the end of last year—on course for its first public default if it doesn’t make the payments within the 30-day grace period.
https://www.zerohedge.com/markets/china-facing-bigger-debt-crisis-evergrande-under-30-days
If you think about it … the smartest humans are often the biggest pillagers… is that smart?
I wouldn’t be shocked if China finds some way to avoid the default.
Zerohedge is reporting:
https://www.zerohedge.com/markets/china-bail-out-1-trillion-yuan-hidden-lgfv-debt-shifting-it-provinces
China To Bail Out 1 Trillion Yuan In “Hidden” LGFV Debt By Shifting It To Provinces
We should find out pretty soon whether the Country Garden Holdings situation can be kicked down the road a while longer.
Fast Henny.
Not sure if this lecture by Dr William Rees have been posted here:
“Will modern civilization be the death of us?” (Obviously yes)
https://youtu.be/U3GB191UDiI
Rees basically identifies the consumerist Hyper MOARon (females) and Tryhard (males) as the main culprit in this predicament.
But despair not, in the mean time, let’s cheer up and sing along:
🥳🎸 🥳🥁 🎤 👯♀️ 🎶 🎼 🎵
YOLO!
HYPERS GONNA HYPER!
MOARONS GONNA MOARON!
TRYHARDS GONNA TRYHARD!
WITHIN TEMPTATION IS TRUTH!
ALL RETCH AND NO VOMIT IN PERPETUITY!
ONLY SUCKERS PUT HOPE IN THE FUTURE!
🏠🚗🚙👶👧🧒👦🚌✈️🐕🦮💒💍🤑💰💵💸💴
AMEN!
https://youtu.be/meiU6TxysCg
https://youtu.be/2pkpsxEyi-k
https://youtu.be/rcx-nf3kH_M
https://youtu.be/iOFveSUmh9U
https://youtu.be/sI1C9DyIi_8
JUST DO IT!
MOAR!!!
🤣👍👍
I’m thumping my tambourine…
Imagine if norm decided to go Tranny and get some whopping boobs implanted — and put on a ping wig
For all you EV lovers out there.
https://www.yahoo.com/finance/news/man-forced-ditch-115k-ford-234104336.html
I love that article so much … I’d like to take it Out Back the Dumpster for a lust session.
Let me repeat – mentally ill MORE-ONS buy EVS hahahaha
‘“The age group of 18 to 45 is unfortunately increasing at a really scary rate. Stroke has always been the 65-plus disease, but we are seeing a little bit of a shift over the last few years to that 18 to 45 age group across our UCHealth facilities.”’ [Emphasis added]
A “little bit of a shift,” huh? Like what? 10 – 15%?
‘Stroke Program Manager Amanda Warner [said] “The percentage of patients in our stroke programs between the ages of 18 and 45 have doubled. Which is really unfortunate and not what you expect to see.”’ [Emphasis added]
https://www.greeleytribune.com/2023/07/30/heads-up-whippersnappers-strokes-arent-just-an-old-person-problem-anymore
“Not what you expect to see”. It sure is what I expect to see.
Doubled? I would have guessed: quintupled.
It’s exactly what I WANT to see.
http://4.bp.blogspot.com/-L28mMVm92ew/VA5iFxjQhaI/AAAAAAAAMFo/kNlbu5_5MNk/s1600/650toldyou.jpg
IShowSpeed Says He Needs Emergency Surgery Over Swollen Eye: ‘It Feels Like Somebody Is Stabbing My Eye With a Knife’
Ouch! https://www.complex.com/pop-culture/a/markelibert/ishowspeed-says-he-needs-emergency-surgery-over-swollen-eye
Maybe he can cover his one eye?
I’d possibly feel sorry for these suffering Vaxxers… if they just weren’t so f789ing StOOOPid.
Another one of M Fast’s colleagues … has some serious ‘health problems’… 28 years old.
Evolution in action. I thank them for improving the gene pool.
A reverse tribute to duncan!!! hahahahahahaha
Hey dunc… you still kickin?
anna – how’s the asylum treating you? Had any nice shock treatments lately to drive off the voices that are telling you the vax ain’t safe nor effective?
hahahahaha…
I laugh last.
This is what one can expect when we have burned up so much of the cheap energy …
End of “Disinflation” Honeymoon: CPI Accelerates YoY. Core Services CPI Accelerates MoM. Durable Goods Prices Normalize at Nosebleed Levels
Core services inflation at 6.1% year-over-year; Core CPI at 4.7%. Three factors make it rough for CPI the rest of the year.
https://wolfstreet.com/2023/08/10/end-of-disinflation-honeymoon-cpi-accelerates-yoy-core-services-cpi-accelerates-mom-durable-goods-prices-normalize-at-nosebleed-levels/
Lots of nice charts.
Wolf points out that the second half is likely to have higher inflation:
At some point, it would seem like debt defaults and banking problems would start becoming bigger problems. It seems like falling asset prices are going to be a bigger issue–both the value of bonds held and the value of homes and farms. Also, the need for those with student loans to start repaying their debt will cut availability of payment for other things.
One article says:
https://www.cnet.com/personal-finance/loans/student-loan-payments-start-again-soon-how-to-prepare/
The same article says:
China does not need to fight the US it can simply buy the US. Buy the farm land, buy the mineral deposits. Peace through rampant capitalism.
For the past thirty years when ever a talk is given about China at Columbia university School of International Affairs a group of little old Chinese ladies attend, no doubt members of DGN and CCP. As the twig bends so grows the tree.
I remember which Chinese immigrate has reported in their passport the fact that their grandfather once pointed a gun at a CCP member. The tree has deep roots.
thinking about it make that forty years
About the same here, timewise. This story is a bit different. I went to an Institute for Policy Studies talk in Ann Arbor where the head-shrink of the Polish Communist Party described how he convinced Lech Walesa to take the hot-potato mess they had made off their hands. Lech went on to calm labor and break strikes. There were a few angry Poles seated in front of me who confronted him, literally shaking in their emotion, accusing this shrink of incarcerating their relatives in mental institutions.
Here are the Dessert (DEAGLE) Eagle numbers.
De-pop by 2025
(G7)
UK -78%
US -70%
Germany -65%
France -41%
Italy -30%
Canada -30%
Japan -17%
Only two and a half years left and the US is up not down.
I would not be surprised if all the other nations, the non martial, on that list are down.
Here is the complete list.
https://imgur.com/a/Xx3K8zq#tmxaBD9
(Notice the 3 countries that produced the jab are hit the hardest. UK+Germany+US
I think the US may be closer to 90%. (At least in my area that seems to be the case).
We can always just open the borders and bring in more immigrants to fill quotas.
google does not see it
The current population of U.S. in 2023 is 339,996,563, a 0.5% increase from 2022. The population of U.S. in 2022 was 338,289,857, a 0.38% increase from 2021. The population of U.S. in 2021 was 336,997,624, a 0.31% increase from 2020. The population of U.S. in 2020 was 335,942,003, a 0.49% increase from 2019.
These are forecast for the future (2025)
And yes, they are forecasting 237 million will perish. Eye popping.
And if this does happen. We will for sure need international help. Geez, I wonder who that will be?
those Dumb@ssEagle numbers appear to be on par with science fiction.
there is a huge internal inconsistency to the G7 numbers for starters.
I’m open to hearing any contorted explanations that would possibly make those wildly differing numbers into reality.
I predict depop beginning in 2024, and accelerating into the 2030s.
que sera sera.
Japan’s been depopping since 2011 and went down by half a million in 2022. And that was with a net gain of 300,000 foriegn residents. So native Japanese declined by 800,000 in one year.
The Pension Department must be very relieved about that, but the life insurance industry are doubtless peeved.
I read somewhere the other day that Covid-19 was originally planned as Covid-17 under President Hillary, but when Trump got in this put a spanner in the works and set the Pandemic back two years.
The Deagle forecast goes back well over a decade, and was focused on 2025. If the plan has gone back two years, that means these numbers may be good until 2027.
One more thing, Ed. Those US population statistics may be inaccurate. The country may have lost more people than advertised. It’s kinda hard to count them all using one’s fingers and toes, so we trust the federal, state and local governments to do that for us. The dead seem to have no trouble voting Democrat, so they may be able to appear as still breathing on other official lists too.
Tim, hope you find this one from 1981 interesting.
excerpt:
But Donald and Claxton and their cohorts in Haig’s State Department say that very little will be done to prevent the genocide of more than a billion people.
“I fully agree with Maxwell Taylor’s idea that not everybody is going to make it,” said Donald. “The idea is to prepare people for the chaos that this implies. It was goddamn stupid to go around telling people that you could solve everything with technology and development. Sooner or later people are going to start dying like flies because they have been breeding like flies.
We have made several mistakes over the last two decades.
We went in and played God. We lowered child and other mortality rates, through cheap tricks with medicine . . .. We fucked up with DDT. Malaria, a major killer, was eradicated. It was the wrong thing to do-we upset the natural balance. We let too many people live.
Maybe we’ll get lucky and there will be another great
killer. There are still too many ‘do gooders’ and
missionaries masquerading as policy analysts. They tell
people with a little American knowhow, we can do
anything, save everybody. There is too much crap
coming from the Reagan White House about spirit and
imagination. Garbage. We have to make decisions
now to save what is save-able. If that means we let a
couple of billion people die to save six billion, so what.”
Much more at the link, with a policy timeline going back to 1961. This is where folks like Whitney Webb and Matthew Ehret do some of their info-mining.
https://larouchepub.com/eiw/public/1981/eirv08n19-19810512/eirv08n19-19810512_050-origins_of_global_2000_a_map_of.pdf
The “Do Gooders” are the ones who all took the rat juice.
This is likely why they demonized people who didn’t want it. To create “Good vs Bad”.
Even though, light and shadow are two sides of the same coin. One can’t exist without the other.
Yes, there is a lot in there, and a lot of well-known names.
But I’m left with the impression that half of the active powerful people in the West have been trying to help the Third World develop, and the other half have been trying to stop the Third World from developing. And, interestingly, half of the Third World has been developing, while the other half hasn’t.
Also, despite the best efforts of the “die hard” depopulation faction, so far the global population still appears to be edging up, although I don’t trust the numbers presented.
doom is always and forever just over the horizon
Dang, that guy looks like the NY banker in a Miami Vice episode; the one where Sonny and Tubbs track a drug deal to his office at the top of a Manhattan skyscraper.
Anyone notice how the Sage SS has gone a bit quiet… he was like a cocaine addled maniac posting 3 or 4 articles per day…
I hope Fast Eddy has not driven him to despair and suicide by explaining that this is not depop … rather it’s extinction … due to depletion of affordable energy — and the desire of the Elders to not have 8 billion humans tear each other to pcs and eat the body parts…
Accepting that … can have dire consequences…
Also still no responses to FE’s horrifying comment on MCM – shell shock? Time for Zoloft + Xanax? Humans generally do not response well to Truth… they in fact hate Truth
Truth… is the enemy… of sanity
https://markcrispinmiller.substack.com/p/the-truckers-did-not-lose-in-canada/comments
Let’s see what The Beast is up to
https://i.postimg.cc/dtBr4CJZ/dog.jpg
Hey Ravi – I read that Lars Lars paper on The End of Net Oil Exports. Thanks for linking it, that was one heck of a proposition. Did Gail ever post her thoughts on it?
The end will be fairly soon, but I am not sure that the model gives the right answer. Countries need food besides oil. They are already moving to natural gas, away from oil, for their own uses. They will reduce their own usage of oil to have food for their countries.
Also, the issue is “net exports.” The US and other countries need to balance out the types of oil they have, so as to be able to operate the refineries they have and to provide the end products that their economy requires. The US exports light oil and imports heavy oil to have the correct mix. This kind of trade will continue as long as oil is burned, I expect.
Not too soon I hope — The Guy is coming to install a 1000 litre diesel tank and boiler system next Thursday — I wanna see if I can empty a few tanks before the end of the cold season here…
He’s putting the tank right next to my pallets of coal…
F789 Yeah… Greta would lose her pea brain mind if she go wind of this tragedy in the making….
Burn More Stuff!
I may mount up on the coal stack pull a Strangelove 2.0
Ahhhhhhhhh Hoooooooo….
https://youtu.be/snTaSJk0n_Y?t=107
When you have the coal and diesel please send us a picture.
+++++++
“Also, the issue is “net exports.” The US and other countries need to balance out the types of oil they have, so as to be able to operate the refineries they have and to provide the end products that their economy requires. The US exports light oil and imports heavy oil to have the correct mix. This kind of trade will continue as long as oil is burned, I expect.”
yes this is quite accurate.
I don’t know about all countries, but USA has a fantastic source of heavy oil just north in Canada, so these two countries have a much more secure short term outlook.
“This kind of trade will continue as long as oil is burned, I expect.”
yes, slooooowly declining oil will continue to be burned for another decade or so at minimum.
the ones who are probably in big time trouble would be small island countries.
some of them may be toast within a few years, like we now see with Sri Lanka.
>> some of them may be toast within a few years, like we now see with Sri Lanka.
Whatever happened to them? If they’re back to BAU despite their disadvantages, surely BAU will continue in the core for at least another several generations.
JMG would disagree I reckon Gail.
He says you’re an overly precipitous doomer. 🙂
Less doom more party is the new blog motto folks!
“The US exports”
In the short term, refineries have some flexibility in what they use for input and some about what products they turn the oil into.
On a longer term, refineries are in a flux. The refinery I worked in was converted from light sweet crude to heavy sour (lots of sulfur) many years ago. It involved adding a vacuum still, more sulfur removal, more cokers, and probably other changes.
Then there is this:
The Occidental-backed South Texas hub follows the oil company’s announcement that it had leased 106,000 acres south of Corpus Christi, a hot spot of oil, gas and petrochemical facilities on the Gulf Coast, to build the direct air capture project. The lease agreement, according to Occidental, will enable it to remove and store up to 30 million metric tons of carbon dioxide per year. Major polluters near the project looking for options to reduce their carbon footprint may eventually be able to purchase credits from Occidental and its partners to offset emissions.
Occidental announced last year that it plans to use the carbon vacuums to develop “net-zero oil,” a “fuel option that does not contribute to additional atmospheric CO2,” according to the company.
https://www.washingtonpost.com/business/2023/08/11/carbon-capture-vacuum-biden/
(What such a project needs is a massive energy source, about 4 GW for a Qatar sized syn-deisel plant.)
The detail most people forget is that we don’t have a way of storing CO2 underground, indefinitely. We can use CO2 to make high-priced diesel. We can use the CO2 to push more oil out of oil wells, but much of that CO2 likely comes back again. Soda makers also use CO2.
“don’t have a way”
I argued that point for a few years because a CO2 blowout is a disaster.
But apparently, there is a salt water aquifer under the Mississippi that is big enough to hold 100 ppm of CO2 for the whole world without causing a noticeable rise in the land. The volume is 710 cubic km. The US has about 10 million square km, the usable area ~1/10th, so the rise would be 710/1000000 or ~.71 mm.
Soda would be a good idea if people didn’t burp. 🙂
One of the problems is that is that building pipelines to Mississippi would be a huge undertaking. Not everyone lives in North America. This would make the challenge amazingly immense. There would be energy needed to build the pipelines and to push the CO2 through the pipelines.
Another is that if there is a disturbance (earthquake, meteor hitting) 100 years from now, or 1000 years from now, the CO2 could escape. The escaping CO2 could smother people or animals in the area. The impact of the CO2 leak would be as great then, as it would be now.
Yes, thanks Ravi, so interesting. And scary! Like Fast Eddie with a timeline🤐.
When Gail says “The end will be fairly soon”, that is scary!
The thing is …
We can see property prices on the cusp of imploding .. joining CRE… the CBs cannot unleash another ocean of $$$ to refloat this stuff cuz they blew their big one with the Vid…. and now all you get is blowback in the form of inflation ….
More of the same >>> hyperinflation?
They appear to be out of options. Other than the binary poison. That solves everything. Even Geeta should be pleased with that outcome
Fast Henny.
https://en.wikipedia.org/wiki/Henny_Penny
“Similar stories go back more than 25 centuries…”
On Sweden , Copy/Paste .
CARNOT
IGNORED
08/11/2023 at 7:20 am
Perfectly credible especially as Sweden is shuttering refining capacity. The EU is especially exposed because they have effectively shut of Russian crude and have only partially replaced the 3 million b/d. Meanwhile China and India have bought Russian crude at deep discounts and sold finished products (jet and diesel ) back to the EU. Worse still the EU is squeezing refineries over carbon emissions. This is not a new story. By the end of this decade there will be no spare crude capacity anywhere. Demand is growing in India and Asia and this will consume the entire export quantity , especially when you look at the Chinese petchem build out, which is colossal. Forget KSA. They have been quitely entering into jv’s, especially in Asia, that will consume KSA exports. In effect it is captive leaving very little for other destinations. When US LTO declines, which will be sooner rather than later, that will have a huge iimpact. China and the EU will lose some of their crude supply and there will be a stampede which the Chinese will win. Even the US could be grubbing about to find suitable barrels. Happy days.
Hey Fast, Kyle Bass just told us he’d buy the lighthouse and museum on Whitefish Point and deed it over to you along with a budget to trick it out with all the amenities. He agreed with us that we need eyes on Lake Superior 24-7 for evidence of Chinese ships trafficking organs, fentanyl and sex-slaves. I put your name in the hat. I’d do it but there’s too much going on downstate. Somebody has to network the local food producers you know. He said you have the right of first-refusal.
Too cold – Hoolio is very skinny with not much fur
Although if you could round up some hot squaws from the local first nations tribes… that might make the offer more compelling
Squaw… I wonder what M Fast would say if I called her my squaw… it has a nice ring to it
The Hudson Institute has sponsored a presentation by Kyle Bass on China Prepares for War: A Timeline.” Presented about four weeks ago. Presentation plus Q/A is 1 hour, 16 minutes.
At beginning, he says
In today’s presentation, I will delve into the happenings of what I see as the three key areas of interest if attempting to gauge the probability and timing of future invasion of Taiwan by Xi’s China.
The three areas are:
1) People’s Liberation Army’s (PLA’s) Required Readiness
Simulations.
2) Chinese Mainland Preparations for War. (Physical Structures, Creating and Modifying Mainland Laws, Xi’s Communiques to the Politburo, Central Committee, and instructions to Communist Party Members and overseas Chinese Nationals Writ Large).
3) China’s Financial Market Movements, Changes in Data Policies, Intentional Offshore Dollar Bond Defaults, Corporate Raids of US Consultants, and Wartime Planning for Natural Resources (Energy, Food, Gold).:
He mentions that some of the things that China is doing financially don’t seem to make sense from an ongoing business point of view. They only make sense if he is thinking about war.
There is a whole lot of stuff Bass says:
China’s current account balance had fallen very low before the COVID outbreak, but went way up at the time of the shut-ins. The rebound is is an effect that China would want. The changes fixed China’s current account balance.
China has cut off all data feeds that analysts in the US and Europe have relied on with respect to how the Chinese economy is doing.
Chinese SOE banks entered the market in April 2023 attempting to sell their entire USD/EUR order books (some exceeding $10 billion in size) for Airbus and Boeing, after ordering many similar jets. Perhaps it knew that it wouldn’t be able to get spare parts [or knew that jet fuel would be in short supply].
The number of Chinese ICBM launchers reported by the Pentagon over the past three years has increased significantly from 100 launchers at the end of 2020, to 300 launchers at the end of 2021, to now more than 450 launchers as of October 2022. That is an increase of 350 launchers in only three years.
The Chinese have a long way to go to have a credible nuclear force. Currently they have only one delivery mechanism ground launch from inside China. They have no usable submarine capability. I never hear of Chinese subs loitering off the east coast. I do hear that of the Russians. Subs allow for a fast first attack. They need to build their numbers to 6000 of various yields. 450 is far short of threatening.
Catastrophe Now: America’s Last Chance to prevent an EMP disaster
The final report of the EMP Taskforce on National and Homeland Security came out in book form March 31, 2003. Eleven authors including Peter Vincent Pry.
Seems to me the great powers are getting ready for something big. I think since they’re all cooperating as much as they can that it’s more likely a Carrington Event that’s on their mind, or cyber-attacks. All the war posturing just gives them additional excuses to clamp-down on each of their populations. The lack of grid-hardening is one of those anomalies that puzzles to no end. It’s pretty cheap to do. American Electric Power is doing it on their own dime. I told a local guy about the problem of transformer availability a year ago and said I hope DTE is ready for something worse than our regular 3-day outages and he said “I worked for DTE for 30 years. They ain’t ready.”
March 31, 2023
One in the eye for renewable energy fans: “Future uncertain for key Tasmania to mainland power transmission link after $2bn cost blowout”
https://www.theguardian.com/australia-news/2023/aug/11/marinus-link-future-uncertain-for-key-tasmania-to-mainland-power-transmission-link-after-2bn-cost-blowout
Article details various problems with getting the grid to move ‘clean, green, renewable energy’ to where its needed. Who’d a thunk it?
Obviously personal cold fusion reactors are a better way to go, either that or solar panels on Mars.
Never fear doomers, they’ll think of something! Now get out there and party.
We keep finding outs things that prove that the models the researchers put together are wrong. There are a huge number of high-cost details that need to be worked out to make infrastructure perform properly. There are even more details, if the infrastructure is to work in an efficient manner. Green energy is known for coming in bursts. This, by itself, causes problems.
I look at models as a type of derivative relative to actual planning. Kind of a “watch what they do, not what they say”.
For instance: DOD’s recent incentives to Lynas, a rare earth processing company in Australia, soon to be in Houston.
https://www.reuters.com/markets/commodities/lynas-rare-earths-signs-updated-contract-with-us-govt-texas-facility-2023-07-31/
With all of the on-shoring and concern about our ability to source and process rare earths, one would think that Mountain Pass Materials, the largest rare earth mine in the US (California), would be rocking upwards on the stock market, even though 80% of it is privately owned.
Then one finds this:
Shenghe Resources Holding Co holds about a 7.7% stake in MP Materials
Shenghe Resources Holding Co., Ltd is a China-based company principally engaged in the mining, smelting and separation, and deep processing of rare earth. The Company’s main products portfolio consists of rare earth oxide, rare earth salts, rare earth metals, metal catalysts and molecular sieves. The Company distributes its products within domestic market and to overseas markets. Number of employees : 2,090
Shenghe also has a 20% stake in Peak Rare Earths Limited which has a mine in Tanzania. Peak Rare Earths (PEK on the Australian ASX exchange) called a halt to trading Aug 7 and will resume after an announcement, to resume Aug 9.
https://wcsecure.weblink.com.au/pdf/PEK/02695738.pdf
Cold fusion clearly works for transmutation of one element to another, see the Japanese work. I once got a radiation bust out of a cold fusion experiment but that is all. The Chinese are continuing to do cold fusion research.
I wonder what the world annual rate of production of palladium is?
BAU until 2030!!!
And on next week’s program … Olga (the Magnificent) will lift a Tesla over her head and throw it 100 metres in the air!!!
Watch as Olga the Magnificent — the world’s strongest woman — performs a feat of great strength!!!!
https://t.me/TommyRobinsonNews/49866
must be too many hits to your head playing hockey.
only a first class war-on would assume that buildings are only made of stone/heavy material, and contain no lighter materials such as insulation.
is this where you try to cover your stooooopidity by saying that this is all a simulation anyway?
Fast Henny, world class war-on and sciencetard.
yes yes… of course… it’s insulation hahahahaahaha
Duh x 10000000000000000000000000
wow such a clever comeback.
but that’s to be expected from a war-on who relies so much on videos.
and who recently stated that a 747 flying at a few hundred mph would bounce of a skyscraper and fall to the ground, because big planes are just like tin soda cans.
and I didn’t have to make up the above.
and unrelated to this, but has no understanding of centripetal force, inertia, or lack of friction in the vacuum of outer space.
hey everybody, we should all be flying off the Earth because it’s just like a giant merry-go-round.
not all war-ons are also sciencetards, but you are.
then of course there is the Ghost of Kiev.. ‘a legend’ …
https://youtu.be/izeelpEzyX4?t=21
Ukraine admits the ‘Ghost of Kyiv’ isn’t real
https://www.nbcnews.com/news/world/ukraine-admits-ghost-kyiv-isnt-real-wartime-myth-russia-rcna26867
hahahahahaha…. The Styrofoam War …. hahahahaha TM the f789 outta that one…
DUH on everything Lance Armstrong took + 500 trillion x 80.9987 billion.
yes you war-on, of course the West/Ukraine are going to make up plenty of fake videos.
only a war-on like you would be surprised that they got caught making fakes.
but hey, be careful about getting hit in the head AGAIN next time you play hockey. 😉
Dowd:
586,500 excess deaths in the US – ongoing
…3,000 this last week
…avg age of 49 yrs old
…heavy cancer, heart, kidney, circulatory signals
…large increase in minor ICD code deaths
…yet we refuse to even mention the cause, much less research it.
Let that sink in
norm – ok it’s sunk in – and I shat it out – when can I get another Booster?
Do you have a link?
Our World in Data shows that there were clearly excess deaths in 2022 in the US.
https://ourworldindata.org/grapher/excess-mortality-p-scores-projected-baseline-by-age?country=USA~GBR
But it seems to be too early to tell for 2023. There is big lag in US reporting of deaths. Or perhaps Dowd is using a different system than completed death certificates, which are slow to come in.
Dowd is using the CDC+BLS numbers to make his claims.
https://usawatchdog.com/cv19-vax-is-a-crime-coverup-ed-dowd/
Don’t forget “actuarial data”… but I dont think he provides the source links. If there was one thing I wish everyone who gets interviewed would do is… provide their source links.
I know easily a dozen people with significant vax injuries… I do not know that many people…
We all see the ‘staff wanted’ signs everywhere — it ain’t cuz people don’t want to work – it’s cuz they cannot work
Ed’s data is correct.
Trust no data from governments particularly the US – recall what they did with the DOD vax injury data….
What are minor ICD codes?
norm hahahaha https://t.me/TommyRobinsonNews/50354
MCM is gonna unhinge!!!
https://markcrispinmiller.substack.com/p/the-truckers-did-not-lose-in-canada/comments
Fast Eddy
just now
Of course nobody lost… what is being done is a win https://www.headsupster.com/forumthread?shortId=220 The alternative would be beyond horrific
The mission is already accomplished – nearly 6B have shot the Rat Juice. And they are currently getting after the Africans so expect that number to climb.
Did ya’ll think they did that to protect folks from Covid? Did ya’ll think they shot this toxic shit into folks to make them smarter – better looking?????
Every one of these people has a damaged and confused immune system (immune exhaustion/OAS) https://hiddencomplexity.substack.com/p/the-intricacies-of-t-cell-exhaustion
They are primed for detonation.
Now all we need is part two of the binary poison — this will be another man-made virus that has been designed to take advantage of the effects of the first part (Covid).
The Vaxxers are already doomed.
But lest we the A Vaxxers celebrate prematurely — believing we have dodged extinction — consider what happens when you unplug 6 billion folks from the global supply chain…. think .. starvation.
See page 56 for a glimpse of what that looks like chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://mahb.stanford.edu/wp-content/uploads/2017/10/Trade_Off_Korowicz.pdf
For more on this topic see https://alphahistory.com/russianrevolution/great-famine-of-1921/#Cannibalism
Meanwhile round and round we go on SS shouting ‘we are winning’… the Vaxxers are waking up!!!
No they are not waking up. The injuries are long covid. They are caused by vaping. Anything but the vax.
This is EXACTLY what the PR Team wants ya’ll to do. Keep on high fiving. They don’t want any violence… they don’t want to have to send the anti-terrorist squads after any of you….
They understand that ya’ll are not happy about this situation … it is understandable… but they are doing what is necessary. They know you will disagree.
But that’s why they run the world — and you ya’ll don’t.
They make decisions based on logic – they are able to make very hard decisions after weighing up the options … they have read The Prince — they are übermensch ….
Ya’ll are watching Tee Vee and going to the mall … and tiktoking… and being cool and all that stuff… Ya’ll are not capable of making good decisions … remember – 6 billion of ya’ll injected a f789ing experiment knowing the manufacturers are not on the hook if any of you get wrecked!!
That’s 3/4 of the world … and ya’ll think you should have democracy????
They have done … what is necessary. There is no stopping this. As with democracy — stopping this would invite catastrophe on steroids… the Gates of Hell would open.
Relax… take a breath…. the final stage of grief is acceptance… just accept this https://www.headsupster.com/forumthread?shortId=220
I’ll put my bullet and knife proof jacket on before hitting post….
I have been in favor of reduced population all along. Only complaint is the p1ss poor implementation not fast enough.
Ed,
It is the distribution that is an issue more so than absolute numbers.
Saw your note on the streets of Moscow, very nice, clean, pleasnt; St. Petersburg as well.
Dennis L.
Now you have hit the third rail. That subject is just too hot for me to touch in public. I have no influence or power over that choice so I will live in peace.
What if MCM falls into despair and commits The Suicide over this? Would FE feel responsible?
No.
The time for action was 1968 when ‘The Population Bomb’ was published and the world had about 4 bn not 8 bn.
Better late than never.
Has anyone else seen this? It’s short enough, so I’ll post the whole thing.
Boston bans use of fossil fuels to power the construction of public buildings
Boston’s mayor’s office has issued an executive order forbidding the use of fossil fuels during construction and major renovation projects on city-owned buildings.
The move is effective for all new projects, although those under procurement, design, or construction are exempt.
The executive order notes that municipal emissions constitute 2.3% of Boston’s carbon emissions, and that 70% of emissions are from the city administration’s 16 million sq ft of property.
Michelle Wu, Boston’s mayor, said: “Week after week, we see the signs of extreme heat, storms and flooding that remind us of a closing window to take climate action.
“The benefits of embracing fossil-fuel-free infrastructure in our city hold no boundary across industries and communities, and Boston will continue using every possible tool to build the green, clean, healthy and prosperous future our city deserves.”
Oliver Sellers-Garcia, Boston’s Green New Deal director, said: “We are taking an all-of-government approach, finding ways for our cabinets and departments to play a role in climate action. In addition to new buildings, this order applies to major renovations because, often, the most sustainable way to make a green building is not to start from scratch.”
https://www.globalconstructionreview.com/boston-bans-use-of-fossil-fuels-to-power-the-construction-of-public-buildings/
https://www.boston.gov/news/mayor-michelle-wu-signs-executive-order-banning-fossil-fuels-new-city-owned-buildings
So, no more construction or major renovation of city-owned buildings. This saves a lot of money, if the city is going downhill anyhow.
I live in Boston. Its population has been growing thru the pandemic as ppl look for small cities to escape the big ones. We also have increasing numbers if illigrants particularly from China. Somehow Boston is on the chinese radar. Condos going up everywhere. The mayor’s plan will definitely make it difficult to create additional infrastructure for this increasing population
I wonder if the unions that work on these public works are on board!
>> Somehow Boston is on the chinese radar.
Biotech hub, tech hub, Ivy League R&D hub.
They will have to use electric from refurbishing government buildings. Any project needing major foundation work will need electric excavators and electric cement trucks, LMAO, are there any currently available on the market? Maybe instead gangs of Asian PhDs with shovels, LMAO and roll around on the floor.
Never stop the enemy when she/he is damaging her/him self.
I wonder does no fossil fuel include no electric from the electric company? If so, we are returning to a world made by hand. Boston a snooty education town building by hand this is wonderful. In NYC we are still working to completing Saint John the Divine church and this means significant stone carving by hand scheduled to go on for decades.
An aside. One Sunday when in college I wake to see throngs of people walking in the street. I think some thing is wrong but then realize it is Easter Sunday and they are walking to Saint John the Divine church just around the corner.
Much of Boston is built in a swamp. There must be pumps running 24/7 to keep the sub levels of Boston from filling with water. Are the pumps diesel or electric. Is the electric fossil free? Boston may need to sink below the waves to make Greta happy.
This Boston thing just keeps giving. Is road repaving included? No asphalt? Back to cobble stones placed by hand? Make Boston a post carbon city!!!
Wu is she the one who sent her enemies list to the police? She is a good party member.
In my home town of Bologna it is now illegal to drive at faster than 30 kph within the city limits.
Greta has taken over Boston.
been trying to figure out how it’s possible to build anything, other than a wooden shack or igloo, without fossil fuels
NYU Population Health Professor Anna Bershteyn suggests we keep panicking forever because it would be “really scary” if Covid “was as deadly as the MERS coronavirus”
https://www.eugyppius.com/p/nyu-population-health-professor-anna
Or better still … Marek’s…
Anything for profit and big distractions…. Look! Over there…. It’s Stinkfoot and he’s with an alien!
..Or keeping the big lie going because if the Plebs found out that they were lied to about the plandemic or the safety of the vax/boosters, they might get real p*ssed off. So they have NO choice but to double and triple down on the lies.
https://www.paulcraigroberts.org/2023/08/10/urgent-italian-researchers-find-covid-vaccine-myocarditis-relapses-in-teenage-boys-following-apparently-complete-initial-recovery/
That assumes they are not exterminating us … so why inject billions with a substance that damages and confuses their immune systems?
https://hiddencomplexity.substack.com/p/the-intricacies-of-t-cell-exhaustion
Why not just give them a benign shot?
Roadster, have you bot come across a vaxxed who denies facts even if you explained to him kindly? So what makes tou think they will ever wake up?
I’ve actually talked to a few vaxxer’s who said they wouldn’t do it again because they got injured from the injections.
Check out this poor delusional woman, https://emsrul.substack.com/p/broken-but-not-unbowed-the-march
Mentally ill.
norm/kieth – are you going?
Russia is making significant advances in NE UKR even as the UKR ‘counteroffensive’ presents itself as ‘all flopped out’.
Prof. Mearsheimer vouchsafes that Russia will take the next four provinces of UKR stretching from Kharkiv to Odessa and likely then some more along the north.
Russia thinks that POL is likely to enter west UKR, which is liable to escalate the conflict further westward. Eyes are also beginning to fix on the Suwalki Gap and the Baltics, and POL is reinforcing its border with BEL.
https://warnews247.gr/ektakto-titloi-telous-stratigiki-itta-ton-oukranon-proelavnoun-astamatites-oi-rosikes-straties-pros-koupiansk-piran-novoselifsk-kai-sinkofka/
End Titles: Strategic Defeat of the Ukrainians – Russian Armies Unstoppable Advance to Kupyansk – Novoselivsk and Shinkovka Taken
The Ukrainians face a very big defeat…
The Russian Armies are advancing non-stop to the North-East of Kharkiv, occupying the strategically important settlement of Novoselifsk, while they also entered the settlement of Shinkovka, 9 km from the center of Kupiansk.
The Ukrainians have suffered a strategic defeat which will have wider ramifications. Below you can read the reasons in detail.
Both settlements had a key role in the defense of the Ukrainian Army. The Russian forces have effectively occupied the settlement of Shinkovka. The latest information indicates that the Ukrainians have largely retreated from the area.
The capture of this settlement by the Russians opens a direct route to the eastern part of Kupiansk.
The Russian Ministry of Defense formally announced the capture of Novoselifsk while releasing video footage of the fighting in the area.
“The “Western” group of troops liberated Novoselifk in the direction of Kupyansk,” the Russian Ministry of Defense announced.
This is a settlement northwest of Svyatovo, located along the highway to Kupyansk.
In order to prevent the surrender of this village to the Russians, located in the Svatovsky district of the Lugansk region, the Ukrainian command transported paratroopers of the 25th brigade from Krasny Liman. This unit failed to stop the Russian troops and prevent the loss of Novoselifk. They had to leave the settlement, while suffering great losses.
According to the Russian Ministry of Foreign Affairs:
– Assault detachments of the Western Military District (ZVO), while conducting offensive operations on a wide front, improved their position along the front line in the areas of Olshana and Pershotravneve settlements, Kharkiv region .
-In the areas of Sinkovka, Zagoruykovka and Berestovoye, three counterattacks of the 14th mechanized and 25th airborne brigades of the Armed Forces of Ukraine were successfully repelled.
-Army airstrikes and artillery fire destroyed accumulations of Ukrainian manpower and equipment in the areas of Kupyansk settlement, Petropavlovka, Tabaevka of Kharkiv region and Stelmahovka of Lugansk.
-During the day, up to 140 soldiers were killed, 2 armored fighting vehicles, 3 vehicles, “Krab” self-propelled guns, D-20 and “Msta-B” artillery systems were destroyed.
The operations of the Russian armed forces in the direction of Kupyansk are largely of an offensive nature. This is proven by drone footage, which was over the settlement, in which at that time there were still Ukrainian soldiers.
In it you can watch how the Russian army hits the buildings where the Ukrainian forces are located.
Explosions, damaged equipment, and destroyed buildings are visible. The drone video also shows how the Ukrainian team was killed.
The Russian Ministry of Defense also gave details of the battle to capture the settlement of Novoselifk.
“During the military operation, Russian forces captured eleven enemy strongholds. At the same time, the Ukrainian Army lost about 100 people. Six Ukrainian soldiers were captured by our soldiers.
The message about the complete capture of Novoselifk was announced during a briefing by Lieutenant General Igor Konashenkov. He assessed the actions of the “West” team units as competent and professional.
The official spokesman of the Ministry of Defense of the Russian Federation also said that Russian troops are conducting offensive operations in the direction of Kupyansk on a wide front.
The complete occupation by the Russian troops of the village of Novoselovskoye can be said to put an end to the counterattack scenarios of the Ukrainians in the Svatovo-Kremina direction.
Firstly, no counterattack by the Armed Forces of Ukraine with the available forces in this sector of the front is in principle possible. The Ukrainian Army not only failed to achieve a result, but lost hundreds of square kilometers of territory since the beginning of the year. In addition, it has very serious losses.
Thus, the situation in the Novoselifk region erases the plans of the Ukrainian command to advance to Svyatovo and Kremina and break through the Russian defenses in the settlement of Severodonetsk-Lisichansk.
Second, the Russian military gained control and strengthened its positions on the strategically important Svatovo-Kupyansk highway that runs northwest of the Lugansk People’s Republic with access to the Kharkiv Oblast border.
Taking into account the fact that Russian troops have almost approached Kupyansk from the north, the foundations were laid for the blockade of the city by Russian forces.
Third, the capture of Novoselifk, as well as the capture of the settlements of Sergeevka, Nadezhda and Novoegorovka (these three villages are located west of Svyatovo), creates prospects for complete Russian domination east of the Oskol River.
That all gets cancelled by this https://t.me/TommyRobinsonNews/49866
hahahahahahahaha war … what war
Slow Teddy, please stop your nonsense about what’s going on up here in eastern Europe, you know s h i t !
‘Ghost Of Kyiv’ Fighter Pilot Blowing Up Russian Aircraft In Trending Clip Actually From Video Game
https://kotaku.com/ghost-kyiv-russia-ukraine-invasion-viral-video-fake-pc-1848598266
(funny monkey sounds)
Mirror
It is clear that western states have absolutely zero ‘morality’ and that they spend every day and night scheming to realise their ‘will to power’ with absolutely no ‘moral’ constraints….
Kulm answers.
The only morality is civilization.
It was right for Pizarro to lie to Atahualpa that if A converted to Catholicism and gave all he had his life would be saved.
Woodrow Wilson made Germany cough back all of Baltic States, White Russia (Belarus did not exist before 1992), Ukraine , etc because of Poles and Czechs having to have their own countries.
It would be much more beneficial to civilization for Germany to have these territories and no Poland and no Czechia, since both countries didn’t really contribute anything to civilization (unless you want to argue Mendel, Kafka, etc, who never spoke a word of Czech in their professional lives, as being Czechs).
I still think Germany and Russia should return to the 1806 border, with Poland reverting to the borders of the Grand Duchy of Warsaw and Czechia abolished. No Czechs were present when Mozart premiered the Magic Flute in Prag (no one called it Prague back then), except as laborers. Statues of Jan Hus, Jan Ziska, the Masaryks, all topped down. The Charles castle, renamed into some unpronounceable czech word, renamed to its original as Kafka saw it.
That is just one of the examples. The only moral is civilization. Nothing else.
I must agree, so sad to see in present day Siebenburgen area what happened to once productive towns and villages.
Arnold Toynbee cited 29 civilizations
Egyptian, Andean, Sumerian, Babylonic, Hittite, Minoan, Indic, Hindu, Syriac, Hellenic, Western, Orthodox Christian (having two branches: the main or Byzantine body and the Russian branch), Far Eastern (having two branches: the main or Chinese-Korean body and the Japanese branch), Islamic (having two branches which later merged: Arabic and Iranic), Mayan, Mexican and Yucatec, Abortive Far Western Christian(Ireland before the Norman conquest), Abortive Far Eastern Christian(The Nestorians in central Asia , destroyed by the Mongols), Abortive Scandinavian, Polynesian, Eskimo, Nomadic, Ottoman, Spartan.
All of them having been eliminated or conquered by the West, with the lone exception, Japan, gasping for air, by the time Toynbee wrote A Study of History.
I realized Trump was fake when he refused to correct the name of the highest peak in Alaska back to McKinley. It will always be McKinley to me..
where/when exactly is the “Eskimo” civilization of which you speak?
Any eater of raw meat civilization I can definitely get behind.
Kulm, some people want some kind of ‘ideal’ or grand ‘goal’ to ‘justify’ existence and to orientate them with some ‘purpose’ to agency.
I am not going to moralistically ‘judge’ that tendency one way or the other. The human psyche is what it is.
In the real world, states will seek their own power and what suits them, and any ‘civilisational’ advance is an accidental byproduct that gets used as ‘narrative’.
The British sought power in the world in the pursuit of commercial interests, and any settlement was so ordered in the first place, and anything else just followed. That is why the policy prevailed to allow the colonial settlement of USA – and the same is true of elsewhere.
Viennese operas were genteel, but I doubt that any state is going to take them as a primary objective in its foreign policy. And the same goes for the other trappings of nobility.
Trappings are historically used to dispose subjugation, they are not themselves the ‘end’ – even if they are what are sometimes enjoyed in the end.
The historical Norman aristocracy disdained cultural ‘effeminacy’ before the ‘courtly’ manners of the French caught on.
Prussia was of ‘manly’ culture.
‘Gentility’ in the modern sense is not essential or the ‘driver’ of history like the Habsburgs are some ‘end’ toward which the cosmos tends.
States seek power rather than the pleasure or the airs and graces that follow.
Not that I particularly dislike your historical ideals, although the techno stuff as an end in itself leaves me pretty cold.
Germany has some great military marches although it is basically finished as a serious military power. To be fair, Britain also is so finished. The only real military powers now are USA, Russia and China and even USA is slipping.
So whatever happens is simply liable to happen regardless of the operas.
Austria became a third rate country after losing the province of Bohmen and Mahren, its two richest provinces.
Without the economic base greatness does not occur.
The last Viennese composer was Anton von Webern. He saved the life of Schoenberg’s son, but despite of his good deeds he was killed by an illiterate GI from I think South Carolina.
United States valued the life of the illiterate redneck more than the life of the last famous Viennese composer. The illliterate redneck, whose name I don’t feel is worth of mentioning, returned US ,became a bus driver and fell into hard times and died 10 years later.It is said he felt remorse but I doubt it since it is unlikely that the illiterate redneck from the Carolinas had t he mental capacity to feel any remorse.
I have traveled the poorer regions of USA. A lot of people are just two legged animals. That is another story, though.
There you go.
Atonalism? I am fairly sure that the cosmos does not give one about that stuff. What else was the ‘music’ supposed to ‘mean’ if not that?
I would say there is only one military power Russia. China has a BIG army that might do well defending its mainland but no power projection ability. The US as you say is failing by 5th gen warfare.
The global projection of military power will be impossible in twenty years due to a lack of fuels.
My favorite Greek explains why Pakistan removed Khan. US forced them because Khan was not supporting the war in Ukraine. After Khan out Paki weapons flow to Ukraine. Truly a world war.
Alex Christoforou has been reporting from St Petersburg and Moscow. Clean, well maintained, beautiful parks, prosperous people.
Interesting! The last I heard, Dmitry Orlov lives in St. Petersburg.
My wife is from there. We were married in 2010. It’s a beautiful city with great art and culture. I’ve been there several times. I was last there in 2018 and I felt safe everywhere. I felt safe everywhere – very low crime and very little poverty. I got lost walking around one day and I don’t speak Russian. A nice couple took me to a police station and they got me back to my in laws place. They were very friendly.
“I got lost walking around one day and I don’t speak Russian”
The next time you go to Russia, bring with you a Google Pixel smartphone and use the Google app called “Live Translate”. It will automatically translate your native language to theirs in real time. They then speak Russian into the same phone and it translates it back to English instantaneously. I’ve had several people do that with their phone and I was able to help them out even though I could not speak their language.
Thanks…. My wife went back for a couple of weeks in July to see her dad. She’s also a French citizen. It will probably be quite a while before we’re both able to visit, if ever.
Kahn forced out of Pakistan by a carrot and stick approach by the US. There would be a cutback in aid if they did not force Kahn out; more aid and training for troops would be available if Pakistan forced Kahn out. Would isolate Ukraine otherwise, especially from Europe. Biden has done the same kind of thing in Ukraine. Kahn was charged with various crimes, which will prevent him from running for Prime Minister. Faces jail for up to 3 years.
Kahn had said that the people of Pakistan wanted neutrality. The US felt that getting Pakistan to send weapons to Ukraine was important.
The US wanted to push its peace plan to the Global South at the Saudi summit in Jetta last week. Offer same carrot and stick plan. But China showed up an spoiled its plan. Countries can turn to China instead, or BRICS.
US is meddling in the elections of Pakistan. Kahn would be the more popular candidate in upcoming elections for Prime Minister, if not for the US meddling in the affairs of a democracy.
Julian Assange was imprisoned because he was reporting the truth. People believed that Ukraine really could win; Russia would turn around and run. Counter-offensive by Ukraine and allies would be only 3 to 5 days.
Russia is now advancing in Ukraine. Quite a bit more in video.
Pakistan has an energy crisis. Not enough oil or natural gas. No amount of fake printed American dollars that lose value by the day will fix that. The current struggle to win over the third world will continue as the US meddles with all countries.
Good point!
What killed mass transportation in USA is something no one wants to mention – the desire to avoid the riding space with blacks.
Rosa Parks opened the door for blacks to ride with non-blacks. The non blacks, trying to avoid riding with them, chose to drive private cars even if that cost more. And Gail should know the meaning of the acronym of MARTA, which I won’t repeat here.
Any talk of a mass transportation system in USA is moot because of that.
I know that MARTA does not come into Cobb County (where I live), because of concern that it could be a way that inner-city residents could come to the suburbs. It eventually was extended further north into the suburbs of Fulton County.
https://www.youtube.com/watch?v=_uBfHQNzNuY
MASSIVE explosion at Russian stealth bomber factory near Moscow.
The title is ” MUSHROOM CLOUD BY MOSCOW AT NUCLEAR BOMBER FACILITY, DRONE ATTACK ON “NUCLEAR FUEL”,” so the way the situation is spun seems to be even worse than a massive explosion.
This is from a Canadian prepper site. I didn’t listen to much of the 32 minute video. It seemed to go from the “mushroom cloud” story into a bunch of other things, including Texas electric grid on the brink of failure. I don’t see anything elsewhere about immediate problems for the Texas electric grid when I did a Google search.
The rate on the Texas grid was over $2000 per MWhr in NY it is $22 per MWhr. A problem for the bill payers.
That is a good point. Even these temporary spikes in electricity prices are a problem. They may not be noted in news stories.
What Ed posted is a lie. Pure propaganda.
Please post your reference on Texas electric rates. See CBS article on Texas rate below.
He is a chicken little. The world has ended at least 50 times if we trust everything he has said,.
He sells prep supplies. He is pushing his produce. But still interesting.
Styrofoam War hahahahaha
I’m pretty sure this is at a facility that produces optics for civilian medical use. I think you’ve referenced a Canadian Nazi site.
Here I reference the N site CBS
https://www.cbsnews.com/news/ercot-prices-texas-heat-wave-electricity/
just google texas grid rates
Electricity rates in Texas skyrocket amid statewide heat wave
CBS News
https://www.cbsnews.com › MoneyWatch
3 days ago — Texans were paying about $275 per megawatt-hour for power on Saturday then the cost rose more than 800% to a whopping $2,500 per megawatt-hour …
I should have used different search terms.
Good lord. That’s at a civilian optics factory.
Two separate attacks. One on the opt/mechanical plant followed by a later strike on the stealth bomber factory. Check previous days report by Canadian Prepper for the video of the opt/mechanical plant attack.
That’s not reported anywhere else. Please stop. It’s bull.
Not reported in MSM that’s censorship. Please wake up.
I passed through Sergiyev Pasad twice today. Noted nothing wrong. I don’t think you are right.
Boot on the ground I believe. Thanks drb753. Strike on bomber factory may be deep fake.
Like the Ghost of Kiev? And the Styrofoam Lady? etc
I am glad the bomber factory remains unharmed.
Please check your sources before posting pure propaganda.
Opto/mech is used in the Lancet drone that so successfully disables NATO tanks. The opto is used for seeing and the mech is used for look left, look right, look up, look down, as well as cancel out vibrations/stabilize the image.
See PBS. Covered there.
PBS= BBC ( Bull s**t Broadcasting Corpn ) . Cheeks of the same bottom — George Galloway 🙂
Thanks. Americans don’t realize how much pure crap they’re fed.
There was an Ed/Mike discussion whether or not main stream media mentioned an explosion yesterday. I had read it on PBS, which seems like msm to me. That was all, just passing along a reference. I don’t put much stock in PBS or Canadian Prepper. You have to read a lot of things to get a feel for events. I don’t post a lot, but enjoy the range of posts on OFW. Sometimes people get excited & post too soon about something that doesn’t wash. It seems to get worked out usually.
The totally cool part is we have corespondents that actually drive through the town in question and can tell us the truth.
yes the explosion — at the Styrofoam War
Some folks here are cheerleading for Russia and missing a key economic issue: the Ruble is getting demolished. It is now over 97 RUB per USD.
https://www.tradingview.com/symbols/USDRUB/
I don’t know whether the central bank has run out of reserves or what, but Russia’s key vulnerability lies in their economy. I wouldn’t be surprised if they’re under attack by massive counterfeiting (physical or digital or both) or if there are massive corruption-related outflows from secret accounts by connected insiders.
Russia doesn’t want to buy things outside of Russia with the ruble, however. It has moved quite a bit of trade to China, and does its trading in yuan.
Speak of the Devil – RT just wrote an article on the Ruble being the worst-performing currency this year, dropping ~20% in just the last month:
https://www.rt.com/business/581089-ruble-among-worst-performing-currencies/
Actually, Russia’s economy is growing and forecasts call for more growth next year.
Russia’s situation is a mixed bag, but if you don’t have a stable currency, things can go to hell very quickly.
I think they’ll be fine. They have an abundance of natural resources, industry that actually makes things, and a growing number of customers and economic partners. War always takes a toll on an economy in some form or fashion but war is about the only card the corporate imperialists have left to play against Russia and China and it is beginning to look like a loser.
Their problem has been that they are not getting paid enough for the natural resources that are being extracted. This makes them angry. They want a reasonable living standard for their workers. This has been impossible with current commodity prices.
Also, Russia needs to use a whole lot of fossil fuels itself (especially natural gas, but also oil) because its country is both very cold and very spread out. Its high cost of living makes it hard for the country to prosper. Russia desperately needs buyers who can afford to pay more for the commodities it exports.
Gail, your comment here gets to the crux of it. The lion’s share of Russian exports are commodities instead of finished goods. Such an arrangement is a serious problem for any nation trying to in-source production and move up the economic development ladder.
Some things I’ve read indicate that, because Russia is so resource rich, the fastest way for oligarchs to get rich post-USSR was to just take control of those resources. They never had any real vision, apart from greed, and settled on the commodity-export paradigm instead of advanced manufacturing.
Yeah yeah, “but muh hypersonics etc” – yeah, Russia got some things right, but I’m talking about industrialization on the whole.
Ivan , a long time ago Jan ( not sure ) explained how the currency markets function . It is just a speculation and skim operation conjured up by the West . Some guy sitting on a computer in NY decides the Arg Peso is worth 200 per USD . Voila . Then he decides the Turkish Lira is worth 150 per USD . How come the RMB is worth +/- 7 Rmb per USD for over 25 + years or the SK Won . Relax . Argentina and Turkey still exist . Ruble and Russia are here to stay . It is the West that should be worried . The currency , stock, commodities markets are all fixed to favor the West . Don’t get me started on derivatives . WMD’s as Buffet called them . Smoke and mirrors . Problem , it is coming unglued .
You piss off the Fed… they can crash your currency — they can drive your costs of borrowing through the roof … and very quickly your country becomes Somalia…
Now that… is power
‘And, of course, the most damaging way in which the USA and its vassals have undermined the US dollar in recent times is via the abuse of sanctions, as Rickards once explained to US treasury officials:
“The world actually could not destroy the dollar, but the US could. And that’s the key point — the US is destroying the dollar, and they’re doing it through sanctions.” . . .
“Britain famously became the place where dictators, Soviet era officials, Arab oil Sheiks, Chinese bureaucrats and Russian oligarchs came to invest their ill-gotten gains – crucially, keeping them away from the USA where they might be sanctioned and impounded.
“This is why the confiscation of everything from yachts to football clubs which your Russophobic social media friend has been whooping with joy about, is about to have some seriously negative consequences for millions of people here in the UK. The problem is not so much that the UK government has confiscated the wealth of billionaires – there is a good moral case for broadening the approach to include western billionaires too. Rather, it is because the City of London Ponzi scheme depends ultimately on trust. And while it is currently Russian billionaires who are suffering, foreign investors from around the world now understand that London is no longer a safe place to park wealth.’
https://consciousnessofsheep.co.uk/2023/08/09/people-who-live-in-glass-houses/?fbclid=IwAR2Ng9BfacqOBJHKqsbnQXYWiXPrmVc61sLkxUd6ZPOrQXLqXJotuCpjqu8
That is a very good point:
“foreign investors from around the world now understand that London is no longer a safe place to park wealth.”
>> Ivan , a long time ago Jan ( not sure ) explained how the currency markets function . It is just a speculation and skim operation conjured up by the West . Some guy sitting on a computer in NY decides the Arg Peso is worth 200 per USD . Voila
I don’t believe that for a second. Traders cannot set national currency exchange rates away from the real value. If things get out of balance from ground truth (ground truth being the relative purchasing power), it behooves every participant to buy the undervalued currency to get the undervalued goods and services provided by that country.
“So they wanna play dirty!!! I’ll show them – I will cut the gas supply to the EU in half just as the chill gets in the air” Vlad Pooty August 11, 2023
Mass D https://t.me/TommyRobinsonNews/50334
Please please please… release the binary poison soon
They should have thought of that a few decades ago before they sold out and became US puppet states.
So effing stupid it’s probably real.
Amtrak, Texas Central explore bullet train partnership
The proposed route would shave hours off the time it normally takes to get between the two cities by car or bus.
Think of a leisurely 90-minute train ride versus four or five hours battling traffic.
Plus, Amtrak says the train would save 100,000 tons of greenhouse gas emissions per year and take 12,500 cars off Interstate 45 per day.
Current designs call for a station in Houston at the defunct Northwest Mall, a stop in the Brazos Valley and a stop south of downtown Dallas.
https://www.axios.com/local/houston/2023/08/09/houston-dallas-bullet-train-high-speed-rail
Amtrak’s St. Louis-to-Chicago trains can now run at 110 mph
https://www.stltoday.com/news/local/illinois/amtrak-s-st-louis-to-chicago-trains-can-now-run-at-110-mph/article_ebc3b7e0-e9d4-11ed-9f4d-b3b9165f6243.html
That would be great. They also need one down I-35 from Dallas and Fort Worth to San Antonio. Traffic on 35 can be horrible. This was contemplated years ago but the airlines killed it.
Too expensive for the savings of time involved. I checked online, and there are ads for air flights as cheaply as $57 between Houston and Dallas. Even at regular fares, Delta is offering what seem to be round-trip flights starting at $138 per person. Air facilities are far more flexible.
Also, there is way too much complexity involved, requiring a constant supply of spare parts from around the world. The second article talks about trains having to pull off so that other trains can get past, presumably going the other direction. If this doesn’t work, there is a major problem. Also, if a train derails, it stops all future trains.
With the high prices that these trains will need to charge to cover all of their capital costs, the trains will run mostly empty. Building barely used specialized track is not cost effective. It is not possible to really reduce emissions this way.
The French state built and paid for all its high-speed rail lines leaving SNCF only to pay the operating costs. Possibly the same in Spain. So the train fare is made up of electricity, wages, train repair, maintenance and depreciation. I don’t even know if SNCF pays for track maintenance which is fairly labour-intensive.
The UK HS2 vanity project seems to have run into insuperable problems. It’s not clear what they mean because the language is so coded. Maybe it’s just run out of money … but it should never have started
https://www.theguardian.com/uk-news/2023/jul/30/hs2-officially-unachievable-red-rating-problems-london-birmingham
My impression is that it is very difficult for high-speed trains to be successful financially, but it would take some analysis to figure out this for certain.
I rode on Japan’s Shinkansen or bullet train, which was inaugurated in 1964, back when oil prices were low. Japan is densely populated, and trains can go from one densely populated area to another. The only luggage space was suitable for a man’s brief case. People who want to transfer luggage need to send it ahead, using a special service designed for this purpose. I don’t think that there were any fancy cars such as diner cars or cars selling alcoholic drinks. The idea was to move as many people, as economically possible.
When I looked to see what its profitability was, I ran into this article:
https://asia.nikkei.com/Business/Transportation/Japan-s-next-bullet-train-lines-face-multibillion-dollar-cost-increases
Japan’s next bullet train lines face multibillion-dollar cost increases
Projects go over budget on labor, materials as delays mount
So the “low hanging fruit” was picked first. And even there:
“The busiest and most consistently profitable segment is Central Japan Railway’s Tokaido Shinkansen connecting Tokyo and Osaka.”
Good points. Not all landowners want to sell, either. They can exercise eminent domain but that would not be a popular move in Texas. All types of travel are down, as well, including airline travel. Airlines may soon need some kind of bailout.
If they are bailed out, they can bid for today’s inadequate supply of jet fuel.
Funding the building of an expensive bullet train is a kind of subsidy of the economy. I am sure that debt will be needed.
Funding a bail out for the airlines would be a different kind of subsidy for the economy, also made possible by more debt.
I have said that it looks to me as if governments fail because of too much debt. At some point, even the interest on the debt becomes unpayable.
The landowner will never give up.;
Even if he and his entire family are shot up, his second cousin in a different county will continue the fight.
I am amused when the Green Groopies complain about high priced airfares… and rejoice when they find a great deal…
Burn Baby Burn!
Id–IOTS
Interesting article from The Automatic Earth .
https://www.theautomaticearth.com/2023/08/grasp-historical-initiative/
They always leave out the spent fuel pond part
Can you list us a few articles on how the radiological hazard from these will compare to say Fukushima 2011, Chernobyl 1986 or indeed Windscale (now ‘Sellafield’) 1957.
There’s a lot more but basically this is all anyone needs to know
There are 4000 Spent Fuel Ponds Around the Globe…
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
http://science.time.com/2011/03/15/a-new-threat-in-japan-radioactive-spent-fuel/
Japan’s chief cabinet secretary called it “the devil’s scenario.” Two weeks after the 11 March 2011 earthquake and tsunami devastated the Fukushima Daiichi Nuclear Power Plant, causing three nuclear reactors to melt down and release radioactive plumes, officials were bracing for even worse. They feared that spent fuel stored in pools in the reactor halls would catch fire and send radioactive smoke across a much wider swath of eastern Japan, including Tokyo.
https://energyskeptic.com/2017/the-devils-scenario-near-miss-at-fukushima-is-a-warning-for-u-s/
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
https://pubmed.ncbi.nlm.nih.gov/16628547/
However, many of the radioactive elements in spent fuel have long half-lives. For example, plutonium-239 has a half-life of 24,000 years, and plutonium-240 has a half-life of 6,800 years. Because it contains these long half-lived radioactive elements, spent fuel must be isolated and controlled for thousands of years.
https://en.wikibooks.org/wiki/Radioactive_Waste_Management/Spent_Nuclear_Fuel
Fast Eddy, zircalloy fuel elements cannot catch fire. They can oxidise if they get hot enough, but that is not the same thing. If fuel cladding does completely oxidise, then fission products trapped in the gap between the clad and pellets could be released. This is most likely for fuel that is recently discharged, because decay heat is higher.
The Chernobyl accident was a very different scenario. A reactivity excursion fault blew the core apart and the hot moderator blocks oxidised in air. Release fraction was extremely high.
Yes… yessss…. we don’t need ponds… we can just dump them into the bin along with the expired solar panels… yesssss…. in DelusiSTAN
There are 4000 Spent Fuel Ponds Around the Globe…
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
http://science.time.com/2011/03/15/a-new-threat-in-japan-radioactive-spent-fuel/
Japan’s chief cabinet secretary called it “the devil’s scenario.” Two weeks after the 11 March 2011 earthquake and tsunami devastated the Fukushima Daiichi Nuclear Power Plant, causing three nuclear reactors to melt down and release radioactive plumes, officials were bracing for even worse. They feared that spent fuel stored in pools in the reactor halls would catch fire and send radioactive smoke across a much wider swath of eastern Japan, including Tokyo.
https://energyskeptic.com/2017/the-devils-scenario-near-miss-at-fukushima-is-a-warning-for-u-s/
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
https://pubmed.ncbi.nlm.nih.gov/16628547/
However, many of the radioactive elements in spent fuel have long half-lives. For example, plutonium-239 has a half-life of 24,000 years, and plutonium-240 has a half-life of 6,800 years. Because it contains these long half-lived radioactive elements, spent fuel must be isolated and controlled for thousands of years.
One minor correction: Chernobyl was a false flag and was deliberately blown up by the usual suspects to bankrupt Russia.
In contrast to the Ukraine plan, that one actually worked.
” . . . in this episode i
00:05 point out how the uncontrolled meltdown
00:07 of the world’s nuclear power facilities
00:09 will cause atmospheric
00:10 ozone to be diminished thereby leading
00:13 to the loss of all life on earth . . . ” ?
That is my fear … my nightmare… not only do the remaining humans die… everything dies… the poisons will be embedded in everything … for thousands of years…
This physician (who refused Covid vaccination and had to leave practice as a result) makes observations about the past. For example:
“Hard-squeezed farmers are being strip-mined to support the dollar, but they are now old, and there are just a few of them.”
I see this up close and personal, mining the land is real and widespread.
Farming is a very high capital low margin business.
Dennis L.
Perhaps farmers have been looking at the unrealized capital gains on their farm land and hoping that would save them. It only would work if there are young farmers with resources to buy the farm. Trying to rent the land out would never provide as much income as a 1-year CD at 5% would pay. There is a very real possibility of falling farm prices in the future, if the debt bubble breaks.
If anyone within hailing distance of Central Vermont were to feel disposed to expend some hydrocarbons this weekend, we’re having an Italian-themed shindig, 4-8pm this coming Sunday, the 13th. Live traditional music. cynthiaquilici@gmail for the location, if you want to throw your heart over the fence.
I would have used lidiaseventeen@gmail.com, but TPTB have rendered my access to that account impossible. I’ve been encouraged to decipher endless weird utterances by bots with chinese accents in order to access my own account: built-in failure, and I’ve given up. I guess that account is now dead, for all intents and purposes, which is probably what they want,
All the best to you from Italy. Have a very nice shindig.
Far far away, but enjoy and remember not to bring up the end of BAU and the coming apocalypse!
Will probably be about 50/50 doomer/normie ratio.
Would love to come, too far for me; enjoy the day.
Dennis L.
check out the end …. sign >>> CEP https://t.me/leaklive/15462
Blurb:
Security crisis in Haiti: residents of Port-Au-Prince take to the streets to denounce the growing insecurity while gangs have taken control of 80% of the capital since the assassination of the President in 2021.
In addition to the endemic poverty, the inhabitants of certain neighborhoods are gradually being dislodged from their homes by gangs.
The number of kidnappings has also exploded since the death of the President. Since the beginning of the year, nearly 300 minors and women have been kidnapped by armed individuals in order to extract large sums of money.
Ya but did you see the sign – CEP?
Afraid not.
Check again – it’s near the end… CEP
CEP was the name on a political banner. Seems pretty obtuse to advertise CEP on a tatty banner in a backstreet of Haiti.
Best go out and party whilst you still can FE. Those Maoris with the face tatts will be coming for the skinny white guys first.
We’re setting-up a 501-3c here in Michigan to “Save Fast Eddy”.
You mean the ones that are not diabetes ridden with 190/140BP and morbidly obese?
Say hello to my friend you slow moving sloths…
https://dygtyjqp7pi0m.cloudfront.net/i/34742/29857145_4.jpg
Mortgage Rates Jump to Holy-Moly 7.09%, FHA Rates to Highest in 20 Years, Pulling Rug Out from Under Home Sales in August
https://wolfstreet.com/2023/08/09/mortgage-rates-jump-to-holy-moly-7-09-fha-rates-to-highest-in-20-years-pulling-rug-out-from-under-home-sales-in-august/
Feel the Pain
No kidding!
According to the article:
I would think that this change would lead to a decrease in new homes sold, as well as resale homes sold. There might be a lag in the timing of new homes sold, if somehow loan terms had been arranged in advance of the rising interest rates.
I believe that there are quite a few resale homes going to “cash only” purchases. These might continue, I suppose.
With the apparently big drop in purchasers who are able to buy, I would expect the selling prices of homes to begin falling, with resale home prices falling most quickly.
Throw in the CRE collapse… and this looks like the Big Ka-Boomie…
Prepare to launch the cannisters… prepare to launch … all men at your launch stations
https://youtu.be/Z_O_Ly8REqk?t=161
Can anyone guess why there was no Season 3?
It certainly doesn’t look good, but I don’t understand all of the twists and turns the economy can take. If there is energy to dissipate, someone will be able to dissipate the energy.
One might consider that energy will be dissipated in destructive ways (war, rioting, looting) when the capacity for dissipation through constructive avenues (building and creating) flags.
One could wait for a pane of glass to eventually break from internal tension or flaws after many, many, years, or someone could simply heave a rock through it.
You are right, I am afraid. We seem to be moving into a period of dissipating more energy in destructive ways.
conflict always destroys what is being fought over—to the detriment of both parties in the long run
War is part of overshoot and collapse, very often. It is part of the plan of the self-organizing system.
Now imagine they have no food https://t.me/TommyRobinsonNews/50319
Fabulous Mass D here https://t.me/TommyRobinsonNews/50312
is there anything a cop won’t do if told to do it?
Shit like this will make people snap. Too bad the Brits are disarmed.
Any “person” across the western world who dons a police uniform should be automatically assumed to be a souless NPC and can be dealt with without any spiritual implications what so ever.
Thou shalt not does not apply when dealing with cops or anyone within governmental institutions generally.
check Tommys record for violence and harassment and jail time–it’s all there.
some police are certainly bent
but imagine what the tommy robinsons of this world would do if no police were there to stop them
Laugh if you think this would upset norm https://t.me/TommyRobinsonNews/50308
haha
https://www.zerohedge.com/technology/bots-have-taken-over-nearly-half-internet-almost-third-users-cant-tell-difference
How many bots here? Please raise your hands?
I nominate norm and keith — cuz they are unable to accept that they are wrong – anyone moderately intelligent person would change their mind… a bot will never.
mike changed his mind… it can be done… but not if it involves a bot
FE is encountering some turbulence on SS… even Sage is mildly upset with this….
https://sagehana.substack.com/p/jabs-bad-island-update-the-man-is/comments
LipidNanoCorndog
2 hrs ago
Eddy?
Please listen carefully.
You’ve lost your goddamn mind. You are 100% cancer.
I won’t address your further. I will not share space with you here.
LIKED (3)
REPLY (1)
Fast Eddy
47 mins ago
Here we have an excellent case study of what happens when humans are provided with a Truth….
They will not engage in a debate because they understand that this is a Truth. What’s to debate?
Most humans will look away from the truth and continue their banter — how’s the weather today? Any plans for the weekend? Have you seen the latest study about how myocarditis re-emerged a year+ later? What about Bronny?
The elephant will remain in the room but unacknowledged.. he’ll shit all over the place… but the humans will walk around the piles and continue to discuss topics that are pointless – cuz the only issue that is relevant is the elephant. But they don’t want to discuss the elephant. Discussing the elephant makes them sad – anxious … makes them crave Zoloft….
If pressed with ‘hey check out this elephant .. WTF is he doing here in the room?’ the humans will get very angry. They will desire to Cill anyone who mentions the elephant.
Consider the Rat Juice injuries … the same dynamics are at play when you attempt to show them that Elephant … refusal to see — anger.
They will not have the debate — or if they do they will repeat what bbccnn told them… no logic at all … just like parrots…
I am not interested in Likes … or friends… or any of that rubbish (in fact I search Liked Your Comment each morning and mass delete)….
I am interested in Truth. I am looking for Elephants… nothing more satisfying than finding an elephant in the corner that I had not seen before
LIKE
REPLY (1)
LipidNanoCorndog
26 mins ago
·
edited 25 mins ago
Lead by example. Show me your commitment to your impending Malthusian doom wet dream scenario!
Neck yourself. Livestream it.
Or…do you consider yourself in all your rational and logical glory, worthy of the lifeboat?
Essential even?
Filth.
LIKE
REPLY (1)
Fast Eddy
just now
Even better I could Rat Juice myself!
I shan’t be doing that…
Have I mentioned that I am very careful – I look both ways a dozen times before I cross the street.
Cuz I’ve come this far – I don’t want to miss the EEEEE AWWWWSSSS…. As an adrenaline junkie (I sometimes travel to places where there is great strife — just for the thrill of being in the midst of it..) this is gonna be a massive shot when it hits…
I am also a Big Fan of history — and this is like being there for the Russian and French Revolutions …the world wars … and everything else — but a billion times bigger and better.
This is being on the ground for … Extinction.
I am unsure as to why you are suggesting I hang myself. You make it sound as if I am the one exterminating everyone.
I am only the messenger… providing you with the actual reason we are being exterminated.
It is necessary – of course.
Why do you think ‘THEY have to go through so much trouble to convince 8B to go along with The Plan?
Let’s play imagine… imagine if in 2019 they said — hey folks – we are into deep depletion on affordable energy and all the gimmicks we have been using to keep things going are no longer working… actually they kinda hinted at it:
“The global economy was facing the worst collapse since the second world war as coronavirus began to strike in March, well before the height of the crisis, according to the latest Brookings-FT tracking index. “The index comes as the IMF prepares to hold virtual spring meetings this week, when it will release forecasts showing the deepest contraction for the global economy since the 1930s great depression. https://archive.ph/UUfl2
Then went on to explain how are are well and truly f789ed… and very bad things will happen to ya’ll when we hit the tipping point and the global supply chains collapse… Very Very Bad Things (murder rape disease starvation cannibalism type things).
But don’t worry cuz we are gonna inject everyone with this stuff that fixes the problem .. it destroys your immune system https://hiddencomplexity.substack.com/p/the-intricacies-of-t-cell-exhaustion
And when we can see that the global economy is about to sink to the bottom of the Mariana Trench… we’ll release a pathogen that we cooked up in a lab that is designed to waltz past your ruined immune systems and kill you …
How would you react to that truth?
I suspect you would lose your mind. Your little tirade directed at Fast Eddy ain’t nothing compared to what would happen if cnnbbc foisted the above truth on ya’ll.
Therefore they will NEVER tell you the truth. They will feed you all sorts of bullshit … sending you scampering here – then there then back here…
You will NEVER be told the Truth.
You do not want the Truth.
You cannot handle the Truth
You have just demonstrated that.
At least Tom Fitton at Judicial Watch and John Adams are filing lawsuits instead of trying to peddle their newsletters.
https://www.publiccrusader.com/so/81OdTFo4U?languageTag=en&cid=445c3a06-dc47-429c-9ccf-ed38a1080fa2
I’ve been watching Tom Fitton on and off for many years. His organization has uncovered a lot of info by filing FOE requests and lawsuits. Since he obviously works out a lot and has good muscle tone, rather than flab, I like to refer to him as Tom Fit’n.
Perhaps some of these lawsuits will change more people’s minds.
There need to be concerned citizens using different approaches.
Hmmmm…. https://twitter.com/i/status/1687527894560681984
https://www.zerohedge.com/political/obama-repeatedly-fantasizes-about-making-love-men-biographer
Not that it matters… it’s ok if he married a Tranny… but don’t lie
Mark Crispin Miller replied to your comment on In memory of those who “died suddenly” in the United States and worldwide, August 1-August 7, 2023.
I’m starting to think you work for them.
https://markcrispinmiller.substack.com/p/in-memory-of-those-who-died-suddenly-bda/comment/22136110
I am angling to get Hoolio a role
Doesn’t look like him https://www.dailymail.co.uk/tvshowbiz/article-12390555/Jamie-Foxx-55-looks-healthy-seen-playing-pickleball-Olympic-volleyball-star-Casey-Patterson-illness.html
this rush to show him in great shape after the stroke seems very forced, however we wish him the best.
The Col. discusses current Russian advances in UKR.
> The Russian Offensive In The Northeast Advances 10 Km Every Day
NATO forces seem to be crumbling in the north. The Great Offensive may be turning into the Great Defensive.
Multiple counteroffensives by Ukraine (blue dots) and Russian strikes (red dots):
https://liveuamap.com/
A frequent occurence is that a blue dot along the line of contact will say “Success is found in the [city name] direction” with an accompanying bulge in the line, and then a day later the dot disappears and no mention is made of what happened to those troops.
https://liveuamap.com/en/2023/9-august-ukrainian-defence-forces-have-partial-success-at
In other news… Vaccines are Safe and Effective… and Long Covid causes heart attacks, strokes, blood clots etc… in healthy 25 yr olds.
And the planet is about to boil… and the solution is renewable energy and EVs….
And we are about to have a thorium fusion revolution and transition to endless cheap clean energy by next year.
The US economy is firing on all cylinders and there is zero chance of a recession (or a collapse).
We have enough oil for another 30+ years but will be transitioned off oil long before that.
Col. MacGregor is eager for Russia to make sweeping advances and he says that any weakness on that count is liable to provoke NATO to send Poland into UKR.
But Russia has made clear that it is fighting attrition war and its objective is not to end the war ASAP but to de-militarise UKR through attrition and eventual defeat.
And Russia is totally cool if POL and/ or LITH want to enter the fray in west UKR or elsewhere. They too can be attrited, de-militarised and defeated just like UKR – and just like NATO as a whole.
So, bring it on…. whatever NATO wants to do…. let Round 2 commence…. and then Round 3…. Russia is totally ‘up for it’…. Russia, unlike NATO, has the energetic and military industrial base to do this indefinitely…. So, ‘come and do it’….
‘Warsaw Is Biden’s Tool…’: Russia Prepares To Fight Joint Poland-Ukraine Unit | Details
The fear of Ukraine’s war spilling into NATO nation Poland is increasing by the day. Russian Defence Minister Sergei Shoigu has made a big statement amid tensions with NATO. Sergei Shoigu claimed that Poland and Ukraine would form a joint military unit. He added that Poland has become the main tool of America’s anti-Russian policy. Russia has started massive preparations amid a bigger war threat. Watch this report for full information.
Let’s smash up some styrofoam and call it a war!!! https://t.me/TommyRobinsonNews/49866
Text says:
“UK mainstream media talking of the “evil Russians” bombing Ukraine while they play a clip of a “bombed” building in the background.
Close eye on the women carrying the “huge boulders”
Towards the base, the ice is more than 120,000 years old and dates back to the last interglacial period, a time when the atmospheric temperature above Greenland was 5°C warmer than today.
https://news.ku.dk/all_news/2023/07/pay-dirt-for-ice-core-scientists-in-east-greenland-as-they-reach-bedrock/
According to the article:
So we don’t know anything yet from this last sample.
Make Greenland Green Again!!
New York City has a “creek”? If he wasn’t dead when he fell in the creek, the creek would have killed him.
MCM will soon admonish FE for posting this … he does not like the truth
https://markcrispinmiller.substack.com/p/in-memory-of-those-who-died-suddenly-d85/comments
‘In an emotional return to the airwaves Wednesday, KENS 5 anchor Sarah Forgany told viewers that she believed her time was up after she suffered sudden heart failure.’ [Emphasis added]
‘“What happened was definitely a strong reminder for me that no one is guaranteed tomorrow,” she told viewers on her first day back at work after being in and out of the hospital for the last two months.’
Oh, is that what it is? No, honey. You were shot in the heart.
‘“I had sudden heart failure, no warning signs, my lungs filled up with fluid which led me to be ventilated for several days,” she said.’ [Emphasis added]
But, the good news is she’s back on air so she can help her company lie about the same shots that stopped her heart. Lisa Shaw, the BBC presenter who died to blood clots from the AstraZeneca shot in 2021 didn’t have that chance, but her employer took advantage of the moment to advertise the safety of the AstraZeneca shots:
She looks kinda young for heart failure – norm?
Apply logic to this — just as one needs to apply logic to the Van Allen Belts
https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07323029-eaa1-45e6-a4de-de801591b6fe_1200x700.jpeg
I am wondering how much of the area burned by wildfires on Maui Island (part of the State of Hawaii) will be rebuilt.
https://abcnews.go.com/US/hawaii-wildfires-fueled-hurricane-dora-winds-prompt-evacuations/story?id=102125888
https://www.nytimes.com/2023/08/09/us/hurricane-dora-hawaii-wildfires.html
I know that Hawaii has a wild fire problem:
https://www.hawaiiwildfire.org/home
Usually, a lot of these wildfires are indirectly caused by downed electricity power lines, but this is not often mentioned in articles.
The issue I expect in the future is, “Can all of this damage actually be rebuilt back to something like the homes and businesses that were in place before?” The Island of Maui is literally in the middle of nowhere. An awfully lot of things need to be imported. For example, my cousin who lives on Maui (who is safe from the wild fires) in the past has said that she needs to get shoes by mail order, because the selection on Maui is very limited.
Oil prices are very high in Maui, as are electricity prices. In 2018, I heard a speaker at a conference there say it is hard to attract insurance workers to Hawaii because the wages are not high enough relative to the high cost of living.
I haven’t looked into the insurance market for Hawaii. My impression was the some local companies were dominant. At some point, the financial capability of both the insurers and reinsurers gets wiped out. I would expect that this would not be considered a hurricane loss because it wasn’t caused in the way a person would expect such a loss to occur. If it is considered a hurricane loss, then it will tend to raise rates for hurricane reinsurance, I would expect.
It will be very, very expensive. Apparently, most of the town of Lahaina is gone and nothing at all in Lahaina is cheap. In fact, all of Maui is “high end” and always has been expensive. I guess the fire won’t reach the super high end stuff across the island from Lahaina.
An unnecessary problem could be the bias urban people have against including goats in the urban landscape.
https://www.claycord.com/2023/08/04/hundreds-of-happy-goats-clearing-the-hills-near-martinez/?fbclid=IwAR04RBXg1sjrcx9kZidqhQzkQzw5v63sdEe8Q-airNOVhO4XkBRd4e8j6lg
I visited there a couple yrs ago. Full of old buildings. Still stuck in 1960s.
Demolitions done without any cost. Some people will claim insurance money, and it will finally enter 21st century.
I am wondering whether the buildings were insured for what the replacement cost today will be. They will also need to replace the contents.
There seem to be several places where these fires are taking place. Most people will not have a lot of savings to supplement these payments.
Maybe Bezos can buy it….. or Disney and turn it into a tropical theme park…
Hahaha….. 21st century?
In May 2023, the median listing home price in Lahaina was $1.7M, trending up 30.1% year-over-year. The median listing home price per square foot was $1.2K. The median home sold price was $933.1K.
Housing tends to be unavailable for the locals, who often share rooms. No different from big cities like NY or SF.
So? It doesn’t support your claim that Lahaina is just a few “old buildings”.
It can be that the cost of the land and utility connections is outrageously expensive. The actual home itself may be very ordinary. I know that utility connections are hard to get on Maui.
You’re full of it.
the elders plan burn down popular tourist spots to discourage airplane use is that a bit of a stretch
No, it’s not a stretch at all. In fact, it’s very likely. Consider that wildfires are less this year than in the past and that those that have occurred have been in high profile tourism locations (Maui, Greece).
Any chance you might ring some folks at your former place of work and ask what’s happening with the life and disability numbers?
It is clear that western states have absolutely zero ‘morality’ and that they spend every day and night scheming to realise their ‘will to power’ with absolutely no ‘moral’ constraints….
Does this include the Irish state?
I thought that one was run by paragons of anti-British virtue.
So they’re exactly like you? That’s HORRENDOUS.
Exactly. We are all complicit. All of us.. We are all ‘psychopaths’
Industrial Farming
https://t.me/leaklive/11666
https://cubeoftruth.com/av
Animal Experimentation
https://www.youtube.com/watch?v=AuKaHh3ZKIk