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Tailwinds often make jet planes fly faster than they would regularly fly. In this post, I talk about economic tailwinds that help the economy grow more quickly.
Strangely enough, the economy seems to move from tailwind to tailwind, as new resources are discovered, as population expands, and as central banks figure out new ways to fix the economy. In this post, I will describe some tailwinds affecting the economy. Many of these have recently lost their value or are likely to lose their value in the future. The long-term trend seems to be toward tailwinds becoming available to some parts of the world economy, but there may be major dips and shifts with respect to which segments of the world economy are favored.
[1] The tailwind of very low oil prices
Before 1972, the US economy had the tailwind of a good supply of oil available at very low prices. Goods could be made cheaply with oil products, and new devices, such as automobiles, could be operated very inexpensively. New technology could take hold quickly because resources, including energy resources, were easily available. For these reasons, the economy could grow very quickly, with little use of debt.
Data from the US Bureau of Economics shows that the US economy experienced an average annual growth rate of 4.8% between 1932 and 1972, which is very high by today’s standards. The same data shows that the US economy’s average annual growth rate was 2.7% for the period 1972 to 2022.
[2] The tailwind of falling interest rates and near zero interest rates
From 1981 to 2020, the world economy had a tailwind of generally falling interest rates.
On Figure 2, the top line (in red) shows 10-year interest rates. The lower line (in blue) represents interest rates of 3-month Treasuries.
In the US, many mortgage rates have tended to follow 10-year interest rates. We all know that as mortgage rates fall, homes become more affordable to buyers. As more homes become affordable to buyers, the “demand” for homes goes up. More homes are built, stimulating the economy. Similarly, buying farmland becomes more affordable. Factories become more affordable. There are more people bidding for these goods, so the selling prices tend to rise.
Figure 2 shows that short term rates have also been falling, but in a more irregular way. The fact that these rates have generally been falling has also greatly aided economic growth, since many industrial and financial loans are very short term.
It appears to me that the temporary rise in short-term interest rates between 2004 and 2006 ultimately caused the Great Recession of 2007-2009. See my academic paper, Oil Supply Limits and the Continuing Financial Crisis. Note the delayed impact of the rate rise. It is far too early to assume that the recent rise in interest rates will have no serious detrimental effects on the economy.
To try to keep the economy operating after the Great Recession, short term interest rates were brought down to close to zero for most of the time between 2008 and early 2022. These low interest rates encouraged investors to pursue new ventures that were very “iffy”– they might produce a positive return, or they might lose money. In fact, government subsidies were added, inviting investors to pursue “opportunities” that were likely to be money losers.
With this long-term tailwind of falling interest rates, capital gains were very easy to obtain. Homes became worth increased amounts, as did farms, seemingly by magic. Shares of stock tended to rise. People began to believe that there was little risk in borrowing money for questionable ventures. New high technology businesses in Silicon Valley blossomed.
In some sense, interest rates that rose in the 1960 to 1981 period (to keep the economy from racing ahead too fast) had stored up momentum that could be used in the 1981 to 2020 period.
We are now past that period of falling interest rates. In fact, we are in a new period of rising interest rates because of depleting resources, and the upward pressure these depleting resources place on inflation rates. Furthermore, a 200-year history of US interest rates shows that the recent near-zero interest rates have been an anomaly. We cannot expect interest rates to go back to the recent low level for any extended period. An interest rate of 5% or more is normal. The economy has benefitted from the temporary gift of falling interest rates, and of near zero rates, but this period is likely past.
[3] The tailwind of rising debt, relative to GDP
The fact that debt is rising, relative to GDP, is closely related to Tailwind [1] and Tailwind [2].
How much debt does it take to create one dollar of GDP? In theory, both the buyer of a product (such as a vehicle), and the various organizations involved with creating the product and shipping it to the end user, will need debt to move the process along. If the government is adding a subsidy to move the process along, this will add another layer of debt.
Figure 3 shows that prior to 1981, when oil prices were low (Figure 1), it took less than one dollar of debt to facilitate the process of creating one dollar of GDP. Oil companies were sufficiently profitable that they could use their profits to reinvest in new wells as old ones depleted. They did not need to add debt to make the process work. While products such as homes might need debt for the buyers to afford them, many other products did not. In this early period, government subsidies were much more limited than today.
After 1981, the ratio of debt to GDP steadily rose. The rise was particularly steep after 2001, when China was added to the World Trade Organization (Figure 1). As China ramped up its manufacturing, the price of oil tended to rise because more oil was needed for manufacturing and shipping the goods China made. More debt was required to import this higher-priced oil, causing at least part of the increase in the debt to GDP ratio. The dip in the debt to GDP ratio in the 2014-2019 period seems to correspond to the period of lower oil prices shown in Figure 1.
In some sense, it is strange that GDP does not consider the added debt that an economy requires in order to create the goods and services that it produces. Logically, it might make sense for GDP to measure the value of goods and services added, net of the additional debt required to make these goods and services. We can see from Figure 3 that this net approach would only work up until 1981. Since 1981, it has become necessary to add more debt than the amount of additional goods and services produced. If the interest rate is 0%, perhaps this is not a major issue, but if the interest rate rises to 5% or more, a huge amount of interest to be paid. Repaying debt with interest becomes a serious problem unless the borrower is able to find a truly profitable use for the funds.
[4] The tailwind of higher population
If population is growing, there is a need for many new things, including new schools, roads, stores, and homes. This puts pressure on GDP to grow. Figure 4 shows population growth, excluding the impact of migration.
In the 1950s and 1960, part of the reason that GDP in the More Developed parts of the world was growing rapidly was because population was growing quickly (Figure 4). This tailwind had mostly disappeared by the mid-1990s. Now, if one of the More Developed parts of the world shows population growth, it tends to be the result of increasing immigrant population.
Total world population (Figure 5) keeps rising, even though birth rates have been falling because people in less developed parts of the world have been living longer. This adds to migration pressure because there are not enough goods and services available for the increased population.
[5] The US tailwind from playing “King of the Mountain”
In March 2022, the US Federal Reserve started raising interest rates. These higher interest rates can be seen as a way to push the US$ higher relative to other currencies, especially relative to currencies of poorer countries, such as Argentina and Turkey. By pushing the dollar higher, oil and other commodities become relatively cheaper to the US, and relatively more expensive to those countries with currencies whose value is low relative to the US$. Also, the higher interest rates make the US a more attractive country for other countries to invest in.
The US move to raise interest rates higher can be viewed as a “King of the Mountain” move. High interest rates can perhaps be withstood by strong economies, but they cannot be withstood by weak economies. For example, many of the poorer countries of the world have loans from the International Monetary Fund. As the US dollar strengthens relative to local currencies, these loans become more difficult to be paid back. The fact that recent interest rates are higher also makes it harder for borrowers to repay debt with interest. Weak businesses and perhaps weak governments around the world will tend to be squeezed out.
One thing that may help the US in trying such a move is that fact that US debt has a kind of moneyness quality that the debt of other countries does not have. This occurs because the US$ is the reserve currency, which in turn is related to the US being the world’s hegemon. The question becomes: How long can the US maintain this lofty position? Other countries are likely to push back and find ways to work around the use of the US$, if it is to their disadvantage.
[6] The tailwind from the “Green Energy Will Save Us” narrative
The standard narrative about green energy saving the world from its climate change gives great opportunities for governments to subsidize wind turbines and solar panels, battery manufacturing plants, and the building of electric vehicles. These subsidies create more debt, which helps push the economy along.
The educational system is also stimulated by the “Green Energy Will Save Us” story. Educators have new courses to teach and new subjects to write academic papers about. If students are interested in studying these subjects, the US government is willing to provide debt-based funding to the prospective students. This adds another source of debt to stimulate the economy.
Of course, there is the hurdle of paying this debt back, especially if interest rates are at a new higher level. This game would not seem to be able to go on very long unless some green approach actually works. Such an approach needs to work in current devices, be low-cost to manufacture, and be affordable to customers at a price that generates taxable revenue.
[7] Over the very long run, tailwinds do seem to help the Universe grow and become more complex and more energy intense.
Eric Chaisson, in the book Cosmic Evolution: The Rise of Complexity in Nature, writes about the Universe gradually becoming more complex and having greater energy intensity. He shows images such as this one.
We don’t understand why this happens. Evolution seems to happen in every part of the Universe. Many parts of the Universe are short-lived. Each new part of the Universe varies in random ways from its predecessors. Evolution happens through the survival those that are the best adapted to their surroundings. This happens at least partly through the laws of physics. There may be some other force involved as well. Economists talk about the Invisible Hand being helpful. Those who are religious may think of the Hand of God being involved.
We know that the Earth has survived for a very long time, despite being hit by large meteors and despite major changes in climate. In fact, early humans lived through glacial periods. There are times when economies and populations fall back considerably, but somehow the world ecosystem recovers. It may even adapt in a way that allows more opportunity for growth.
Thus, even as the economy seems to be running out of today’s tailwinds, somehow there may be future tailwinds that will push the at least segments of the world economy along in a somewhat different direction. We simply don’t know for certain how things will turn out.
You can kinda see how it will happen .. when the pathogen gets released… VAIDS…
Number of kids rushed to hospital with highly-contagious RSV rises 434% in just 5 weeks – with under-5s most at risk
https://www.the-sun.com/health/9682515/rsv-hospitalisations-children/
This happens at this time every year. RSV is very seasonal.
“In the UK, some 30,000 babies and children under five need hospital treatment every year due to RSV.”
You seem to be ending your posts, these days, with hopeful words, Gail. It would be nice to have hope but it needs to have some basis in reality.
It may not be those of us in the “West” that make it through, but there may very well will be others who do.
I don’t like to be too negative. There is always some hope. We have gotten to where we are today, somehow. The self-organizing system may provide solutions for part of the world population. We just don’t know.
Yes, we just don’t know but it’s odd that you go into depth about the state of economies. That investigation is thorough and tells you that a big correction is coming. However, you end by saying that, somehow, you might have it all wrong and something may come along to get the economy going again.
Presumably, we should prepare for the worst, since that is what your analyses show. Yet, for some reason, we should also hope that those preparations will be a waste of time?
By all means give us hope, Gail, but please give us a reason for that hope. Otherwise, it’s just a wish.
If you stab people in the face with The Truth…. they will get angry… and fall into despair…
Even though they know the pathogen is ready … they reject the thesis… cuz the would mean accepting a nasty truth…
They prefer anything but The Truth
What’s wrong with living in the egotistic fantasy la-la land?
Let the Rapacious Primate cope by burning FF’s, and by so doing projecting their statuses, successes and happiness on asocial media and their anti civilizational vanities.
Let’s chant for the mentally ill:
YOLO!
HYPERS GONNA HYPER!
MOARons GONNA MOARON!
TRYHARDS GONNA TRYHARD!
IN THE ETERNAL RECURRENCE OF THE HYPER
ALL RETCH AND NO VOMIT!
IN PERPETUITY!
🙏 🙈🔥
🤣👍👍
This has the makings of a cult movement .. at the end of each gathering repeat the mantra
YOLO!
HYPERS GONNA HYPER!
MOARons GONNA MOARON!
TRYHARDS GONNA TRYHARD!
IN THE ETERNAL RECURRENCE OF THE HYPER
ALL RETCH AND NO VOMIT!
IN PERPETUITY!
🙏 🙈🔥
🤣👍👍
If you suck on a tit, it better be your mothers, or your girlfriends.
If not, questions will be asked.
…bad analogy
You peaked too soon.
coulda been syphoning petrol
Well, he won’t suck my garden hose anymore. Just watering my violets.
80% of Americans are poorer in terms of savings and liquid assets than they were in March 2020. Only the top 20% are richer. This, according to a Bloomberg analysis of recent Fed data.
https://finance.yahoo.com/news/80-american-households-worse-financial-202857254.html
Rent prices have been skyrocketing around the US but that doesn’t counted as inflation. As the famous quote says: “It goes to show how figures lie and liars figure”.
Higher rent prices are causing consumers to pull back on purchases.
https://billingsgazette.com/news/local/inflation-black-friday-shopping-rent-prices-billings-mt/article_4e2b612f-a82e-5200-a37a-d7b58e86b9db.html#tracking-source=home-the-latest
“consumers are now coming under more pressure from dwindling savings, increased credit card debt and still stubborn inflation. In fact, shoppers cut their buying in October, ending six straight months of gains. Shoppers have gotten some relief from easing inflation, but many goods and services like meat and rent are still far higher than they were just three years ago.”
Rent that mobile homeowners are paying for the space their homes are occupying is rising significantly. This is a hardship for people of modest incomes.
They don’t count it cuz it’s a discretionary spend… folks can opt to live for free in a card board box on a street corner.
Oh wow….. a canary has died…. in all my years involved in Hong Kong… I have never seen anything like this happen:
https://www.scmp.com/business/article/3242757/harvey-nichols-vacate-landmark-mall-hong-kongs-central-after-nearly-2-decades-amid-weak-spending
Bullet points:
The rich are not spending as much.
The rich in China… were only rich so long as the property Ponze remained in play… they were giddy for a decade… whatever they touched turned to gold… but it was of course fool’s gold…. and they were fools…
But hey – it was fun while it lasted…. they flew buy the thousands into Hong Kong and loaded up on Burberry and Zegna… living large…
Alas… the ghost cities caught up to them … cuz what cannot continue… will stop… it always does… eventually.
And now they are f789ed… China is f789ed… Hong Kong is f789ed… the world is f789ed.
Now we just wait… for the Elders to pull the trigger… and unleash the pathogen.
Not too long ago, all that could’ve been construed for CT but Klaus Schwab let the cat out of the bag when he said the time was ripe for a global reset when the Plandemic 19 was introduced to the world.
Meanwhile Bill Gates is buying up farmland, wanting humans to eat fake meat while Klaus Schwab wants us all to eat bugs.
Inevitably doing to themselves as they’ve scammed/planned for ‘others’
Stupid puffed up morons soon bite the dust.
Lesson: Play God only if you are God.
Reality: God doesn’t play, He is Love, but also Ruthlessly Sovereign.
He returns as Judge.
We will morn.
One corner of New Yrvshlym pointed like a blade arched down, will swing deliberately in full violence to erase the abomination of the old city, obliterating it from Earth’s crust. A debris’s field scatted plume falling back carelessly from orbit. Golgotha finally crushed beneath, as the new city settles taking it’s place.
It’ll be awesome, not pretty.
Only once the celestial powers of heaven are diminished will this end come.
Enjoy.
Very dramatic, but first we got to build the Tower of Babel 2.0 (AGI) in the “service” of mankind.
The ultimate expression of self entitlement, just walk up to the tower and plead your case, and the next day; *boom* an Amazon drone delivering that gaudy designer ware handbag and newest iPhone.
Cuz you’ve gotta project your statuses and prestiges by any means necessary.
It will be glorious!
🤣👍👍
I like the burn where it burns down…
When the shit show is imploding … why not add to the fury by lighting up some parked cars…. a pyre of old tires also adds some dramatic effect to a collapsing civilization … while screaming Allah Akbar….
why not?
Meanwhile Bill Gates is buying up farmland, wanting humans to eat fake meat while Klaus Schwab wants us all to eat bugs.
It doesn’t matter what they want or what they claim to own.
It sure doesn’t. I know so many “well to do” who have gamed the system for profit and thus think they have some kind of moral, inalienable right to do whatever they see fit to do…..
If BAU goes away and there appears daylight in the cracks of the omnipresent police state in the west…those well washed, manicured, self entitled twats will not even have time to voice protest before they are on roasting spits before fires banked by their security fences and poolside lawn furniture.
History does not always progress
The entire history of Asia until 1839, when the British warship cleaned up the Chinese junks, shows that history is often cyclical or sometimes regresses.
Ridley Scott of Tyne and Wear made the Napoleon movie. Most of it was filmed in England, and being the patriotic Brit he is, he filmed Waterloo as if it was a good thing, like most people from UK. They think they did something great by messing up Europe for centuries.
What Waterloo did is set the clocks of Europe a century before and made USA prosper, which eventually culminated with the US conquest of the Continent in 1918.
History does NOT always advance. It sometimes regresses hard, and because of Sergei Surovikin, an Asian born in Novosibirsk in Siberia, the general most responsible for the reversal of fortune in Ukraine, the world will face a reversal , from which it won’t probably come back from, Dennis L’s God notwithstanding. The Hordes are unlikely to invest billions to Dennis’ God’s venture although they will demand free ride to whatever contraption he might be building now.
Jeez, Kulm, what’s with the hate on Asians? There’s a swathe of other races and groups that offer better hate targets, incl. one group in particular currently residing in the Middle East.
Nb. Ukraine never had a chance based on industrial base, demographics and basic military math, not to mention their deluded Western masters.
I had kulm down as a mushlimb for some reason.
Come on, kulm – fess up.
I thought Kulm was SE Asia… Indian…
“I thought Kulm was SE Asia… Indian”
So he could indeed be a mushlimb.
Biden has a $400B “green energy” slush fund.
from…
https://hotair.com/david-strom/2023/11/24/bidens-clean-energy-scam-fund-n594460
“Buried in all the trillions of dollars of Biden’s stimulus bills is a reboot of the Obama-era fund that poured billions into failed Green Tech companies that left Obama cronies infinitely richer and the rest of us substantially poorer.
You remember, right? In Obama’s stimulus package, $80 billion was set aside to squander on people who could talk a good game about transforming energy, and who just happened to be politically connected. It was a nice scam for them, infuriated people like you and me, and provided some minor dark humor to people who are so cynical that they just expect everything that happens in government to be a scam.
Out of this, we got Solyndra, Fisker Automotive, A123 battery, and a lot of companies that never became household names, but left a lot of scammers wealthy.
Well, Biden is good at one and only one thing: being corrupt, he took Obama’s $80 billion and quintupled the size of the “loan” fund to a massive $400 billion, and according to Strassel the loan fund is indeed a well-oiled machine for distributing taxpayer cash to politically-connected friends of the president’s team.”
“As if to prove that anything Mr. Biden could botch 10 years ago he can botch bigger and better now, the loan office is back, baby. Americans gasped at the audacity of Barack Obama’s $814 billion stimulus bill in 2009—and of gambling some $80 billion on clean energy—but that’s peanuts. The Biden spending rampage has bestowed on Mr. Shah, director of the loan department, a stunning $400 billion to hand out to green companies too risky for traditional lenders, or too politically powerful to turn down. According to a July Journal story, the “pile of cash is at least 20 times as big as most private green-energy funds.””
“Mr. Shah and DOE aren’t restricting themselves to small-time bets. The agency agreed to a $1 billion loan for Monolith, a company that promises to make hydrogen out of natural gas. Sunnova, a solar company, landed a $3 billion loan guarantee. Then there are all the real paupers. General Motors and LG scooped up $2.5 billion to build electric-vehicle battery plants. Ford landed a record $9.2 billion battery commitment. The Ford loan would be $3.3 billion larger than what the company borrowed during the Detroit meltdown of 2008-09.”
Now we know why the big automakers are investing heavily in EVs….They were bribed to do it.
“Now we know why the big automakers are investing heavily in EVs….They were bribed to do it.”
But even at that, it is hard to believe that the whole scheme will work. It is not possible to put in a set of charging stations that will work. The many people living in apartment buildings likely do not have anything other that public charging stations to use. We don’t have the electricity supply to supply the charging stations, either. Keeping the whole system in repair will be a massive problem. If nothing else, the copper wires are a temptation to thieves.
nothing is worth consideration unless it is someone else’s conspiracy
We don’t have the electricity supply to supply the charging stations, either.
EV/Tesla fans don’t understand this. They seem to believe the charging stations themselves produce the electricity and all you have to do is build them.
“There is huge idle capacity in the grid at night. This is when electricity is cheapest too, if you’re on time-of-use pricing. And this is when most people plug in their EVs at home, at their condo and apartment garages, and I now see EV chargers in hotel parking lots. To take advantage of the idle capacity in the grid at night is a massive trend, and utilities love it, and only anti-EV morons haven’t figured it out yet. You can see this in San Francisco, where the electrical grid isn’t all that great either, but EV penetration is already huge, with zero problems for the grid. EV are everywhere here.” ?
https://wolfstreet.com/2023/09/12/tesla-price-cuts-followed-by-other-automakers-plus-surging-incentives-hammer-down-average-transaction-prices-after-toxic-spike/
There is huge idle capacity in the grid at night. This is when electricity is cheapest too, if you’re on time-of-use pricing. And this is when most people plug in their EVs at home, at their condo and apartment garages, and I now see EV chargers in hotel parking lots.
‘Idle capacity in the grid at night’ is one way to put it. Another way to put it is ‘resources that we have not yet burned’.
I am still trying to understand why people buy EVs.
– they are no ‘greener’ than an ICE vehicle
– they cost more to repair
– they are charged with coal/gas/nuclear power
– the batteries are a toxic waste nightmare
– the cost per km to drive is far more
– it’s difficult to find a working charger
– it takes forever to charge them
– you cannot drive very far – specially if you run the AC/heat
I cannot work out one advantage of an EV — therefore I conclude… anyone who buys one … is a MOREON.
I’d never buy an EV for a number of reasons. We rented a Tesla 3 just to try it. I have to admit the acceleration is awesome and merging onto the interstate is a breeze. With the low center of gravity the handling is excellent.For wealthy people with a second ICE vehicle and at home rapid charging set up it probably will be more and more popular. For the rest of us not so much.
IT IS HARD TO BELIEVE THAT THE WHOLE SCHEME WILL WORK.
It’s going to keep working until it doesn’t.
Intermittent electricity causes a whole lot of problems. People in high rises will not like being caught on the upper floors without electricity. Worse yet, they won’t want the elevator stuck between floors.
Intermittent electricity will be the end of tall buildings.
And the end of the CRE market
Highrises are an interesting part of this unfolding scenario of energy. The way they are so dependent on services- water, electricity, gas. They are a true product of the oil age. And maybe they are the canary in the coal mine.
In Ukraine, right now, as drones are striking the energy facilities we think of power shortages but it is the drop in water pressure that would be disabling to apartment dwellers.
Water is important for drinking, bathing, cooking, cleaning, and flushing toilets. If we don’t have it, it is a real problem.
Forget about it working … it’s just hopium… and hopium peaks as affordable energy supplies collapse…
We are so close… so f789ing close… to the end game…
It’s a bit thrilling
I think you called this one also, EV’s seem to take forever to recharge, I don’t see many at the station where they once sat, read books and filled the metaphorical tank.
Hybrids seem to work well, personal experience since 2007, but miss the Grand Marquis, nothing like eight cylinders.
Dennis L.
NOW WE KNOW WHY THE BIG AUTOMAKERS ARE INVESTING HEAVILY IN EVS….THEY WERE BRIBED TO DO IT.
Welcome to capitalism 1on1.
“Now we know why the big automakers are investing heavily in EVs….They were bribed to do it.”
Umm, NO!
The big automakers are not investing heavily in EV’s. The automakers selling luxury EV’s are those who are doing the investing. Volkswagen, Porsche, Cadillac, Tesla and others are pushing the higher end market but that’s a market for the rich, not the average consumer.
I posted several links in the past where Ford has taken a backseat to EV’s and are lukewarm about the market. Pretty much all the Japanese automakers have paused their EV development.
Aside form the wealthy, the average consumer cannot afford the price of electric vehicles. Gas powered cars are already out of reach for the average consumer unless they want to take out a 6-10 year loan. And we haven’t even gotten into the battery maintenance which can easily exceed $15,000 for a battery module. And do we even have enough lithium on this planet for all the EV’s they plan on producing?
in the early 1900s, cars were for just the very rich
The Ford had the brilliant wheeze of paying his workers high enough wages to buy the cars they wre making—everyone thought Fords were cheap
in a sense they were
but what Ford was actually doing was converting cheap resourcesl into cars, persuading his own workers to pay for earth-materials.
this could only work if more materials were brought ”into production” at an ever increasing rate
the system couldnt stop or slow down,
now we have reached the same stage with EVs—they are expensive, but this time they can’t get cheaper in real terms, (like they did from 1908 onwards) because the cheap earth materials do not exist for everything to go round again.
trouble is, most people think we can start over—the MAGAnuts, for instance.
Stooopid people with $$$ buy EVs.
Came across this in zerohedge.
Woops, sold something they didn’t have for a negative amount, small accounting error one might think. Laughing quietly, someone screwed up. I think Gail is basically saying this is the state of the world economic situation.
https://www.zerohedge.com/commodities/extreme-situation-fat-finger-trade-sends-finnish-power-prices-crashing-deeply-negative
“On Thursday, a bidding error sparked chaos across the Finnish electricity market that sent power prices deeply negative.
Bloomberg reported that market participant Kinect Energy mistakenly sold half the country’s power consumption at an hourly auction for Friday, resulting in power prices crashing to -203.40 euros per megawatt-hour (MWh).
Kinect blamed the bad trade on an “internal system error” for the market chaos, forcing Finnish transmission system operator Fingrid to intervene to ensure stability. ”
“Slightly simplified, you can say that they sold something they didn’t have, and buyers bought something that doesn’t exist,” said Pontus de Mare, head of power system operation at Svenska Kraftnat AB. He said power markets will remain messy but manageable.
Film at eleven,
Dennis L.
Too much complexity! A system that cannot really be maintained.
“Slightly simplified, you can say that they sold something they didn’t have, and buyers bought something that doesn’t exist”.
Lovely synopsis of late stage, neoliberal capitalism. How’s the US going with printing more 155mm shells?
If a virtual shell is fired, can you still hear it explode?
that way
fewer crisis actors get killed
THEY SOLD SOMETHING THEY DIDN’T HAVE
What? Are you shocked? I guess you have just arrived from Neptune.
Do you know what’s called selling something you don’t have on Earth?
It’s not fake physics; it’s short-selling. It’s not recommended for novice investors, people from other planets, and now Finland.
Who’s next?
The jargon leap has not previously stuck for me. The collapse problem is the breath-taking civilizational omni-correlated portfolio of naked short positions on future surplus energy informing every decision.
This in turn, is evidence that civilization is a synthetic intelligence, shaping the Natural World to generate solutions on its terms. And I continue to point out, that the current fad over AI is merely to reduce the “footprint” of such a computational device to something smaller than a civilization’s footprint.
What the f789 id going on? Why rock BAU again? Why don’t they just lie…… ?
https://www.zerohedge.com/markets/germanys-creative-accounting-finally-hits-brick-wall
From the article:
This sort of reminds me of the US Democrats/Republican divide in the US. Do we keep adding more debt or don’t we? Germany, without a good source of cheap energy, is in a very tough spot.
“Total world population (Figure 5) keeps rising, even though birth rates have been falling because people in less developed parts of the world have been living longer. This adds to migration pressure because there are not enough goods and services available for the increased population.”
Demographics, always demographics. The old need to be useful, the young need the accumulated wisdom of age(made that mistake before, didn’t work, suggest an alternative), the old need to do more than spend their days in The Villages, playing golf, drinking and chasing, well you can fill that one in.
We are biology set in a very material universe, hard to believe we are by chance; my observation of the big bang, appearance of light and Genesis startled me. Would be interesting to know if there are similar stories in other religions. Joseph Campbell in ” A Hero’s Journey” noted the similarities in religions, coincidence?
We are going to be okay, but it will be a bumpy road. Here’s to the next launch of Starship, they are solving problems one explosion at a time, exciting.
Dennis L.
Ideally, people would stay in good health practically until the day they die. But this doesn’t happen in practice. Advances in modern medicine seem to have made the situation worse, rather than better. The lives of people in very poor health have been extended. The huge problem of overweight people adds to the problem.
“Advances in modern medicine seem to have made the situation worse, rather than better.”
That’s called a business model.
Who feels like a booster today?
I volunteer norm … and keith says he’ll take ever booster they offer….
Right keith?
>We are going to be okay
Source?
Your God?
History kul, we are still here and life on the whole is better today than it has ever been. We went from say 10k breeding pairs and here we are, billions and billions of us with Starship blasting off on 33 engines without destroying the launch pad, throwing rocks into the next county, or even falling and hitting a whale.
Life is bumpy, the bad is never as bad as feared, the good is never as good as hoped.
My God is the universe, we are allowed to discover it; too many coincidences for it to be random unless our understanding of random is flawed. If so, the universe will allow us to discover that “fact.”
The ideas expressed here aid me in developing a philosophy. Some ideas here are so negative as to be dreadful and if those ideas are correct, there is nothing to lose in betting the other way.
My guess is the negative is wrong, there is plenty for all in the solar system let alone the universe which is not understood, there is disagreement over how many universes even exist.
Kul, pulling your leg, laughing quietly regarding the number of the universes. The Gods, each with their own universe are sitting having coffee and the argument is over who had the biggest bang and the most light. A light argument if you will.
Dennis L.
The Gods don’t drink coffee. They have something called elixirs, which your God might be drinking when not going around in bizarre sites to bullshit around.
That aside, it is clear that the universe , or whoever is running it, do not like what the vanguard of human civ is doing and is doing its utmost to troll it
If there were a god the Czech driver, Leopold Lojka, wold have hit a hydrant before delivering FF and his wife to the serbian ladyboy. Lojka contributed to the independence of Czechoslovakia, whose sole contribution to civilization is coining the world robot, which is not that essential since we already had the world automaton for it. So if the Universe wanted human progress it would have chosen to have no Czechoslovakia, which is not missed by anyone outside of that region, and let civilization advance with the positive attitude.
If anything the only tricks the Universe played in the last 120 years tend to be against civilization.
Who doesn’t like a good troll and the contempt it induces?
But it’s not their fault, since humans don’t got the capacity for rational thought, ah well, that wouldn’t hold up in court I suppose.
The gods do drink coffee while thinking their subjugates are dead as they dish out blue elixurs in packed in neat vials.
For the British audience . London falling .
https://consciousnessofsheep.co.uk/2023/11/21/londons-falling/
Tim Watkins makes good points. There is more to the change in the 1970s than the added debt I talked about:
Adding women to the labor force held down wages for men. It made it more necessary for women to enter the workforce.
Another good point he makes is
This “wealth” cannot really buy very much in the way of goods and services. Somehow, its value must disappear.
an excellent link, and article
but uk towns are no different to anywhere else.—–we have cities built on a single resource.
Stoke on Trent produced pottery, fired with coal. There’s no coal left, and pottery is on its last gasp—hence the city itself is on life support
Blackpool–also mentioned in the article, built itself on the holiday trade. Now that’s gone, and Blackpool is on life support.
The USA has cities with the same problems
London was built on the finance industry—that will go, leaving London in need of life support.
except that there won’t be any.
And any OFW’er still convinced that AI and data (or starships) will substitute for a ff economy should also read it very very carefully
Thanks Norm.
AI managed, data-driven starships are indeed our future.
Shouldn’t there be a mention of clean green wind turbines and solar panels too?
”wind” turbines certainly have a place
as long as noses are held
Fred, there will be no traditional wind turbines in space, solar panels will work extremely well in space, intermittency will not be an issue.
Dennis L.
In the US, ther used to be steel mills and automobile factories in Detroit and in the northern Indiana and Cleveland, Ohio region. These have gone downhill, as competition from overseas has led to manufacturing steel and vehicles elsewhere.
In China, I noticed that there was an industrial Northeast area that had gone downhill as well. It was built up with one technology, and as new technology came along, and new energy sources, the area declined.
Ukraine is somewhat similar. It was built up in the days of the Soviet Union based on the energy sources and technology of the period. Needless to say, this has changed greatly.
These have gone downhill, as competition from overseas has led to manufacturing steel and vehicles elsewhere.
The metallurgical grade coal is gone. Production of it peaked in the US in 1919 or 1920, round about then. A tiny amount per year is still produced at considerable mining expense.
Don’t worry, we can replace coke with solar panels, lithium batteries and Hydrogen.
/sacarsm
Norm, where will the usury peddlers and passive income seekers go, when they leave England? They are not really welcome in countries with that have a more diversified economy. Besides, it was THEIR idea, to make London reliant on the financial services at the expense of industry. It was their idea to export industry away so that London’s economy was based on services.
(FIRE economy).
Nope
London could never support an ”industrial economy” that would sustain 8 m people
Of course, it can’t since it’s decided to become more like America and accept lots of immigrants.
This is one of the finance people advocated for so there would be no going back to the way things were before.
I’m sure an industrial economy could support the native population, which never really recovered from the loss of working age men from the World Wars.
Wake me up when the Royal Court runs away. I believe during the reign of Charles I, plague got so severe that the Capital actually moved to Oxford, though it would have been better for Charlie to have died in London instead.
1 out of 690? So what – unless it’s yours i suppose https://hartuk.substack.com/p/deaths-of-scottish-babies
Today’s skyscrapers are like the Italian medieval towers.
https://en.wikipedia.org/wiki/Towers_of_Bologna
That was interesting…why so many Towers?
The reasons for the construction of so many towers are not clear. One hypothesis is that the richest families used them for offensive/defensive purposes during the period of the Investiture Controversy.
….The Investiture Controversy or Investiture Contest (German: Investiturstreit, pronounced [ɪnvɛstiˈtuːɐ̯ˌʃtʁaɪt] ⓘ) was a conflict between the Church and the state in medieval Europe over the ability to choose and install bishops (investiture)[1] and abbots of monasteries and the pope himself. A series of popes in the 11th and 12th centuries undercut the power of the Holy Roman Emperor and other European monarchies, and the controversy led to nearly 50 years of conflict. Wikipedia
In either case, modern skyscrapers will end up as rubble too….
It is far more likely that the towers were capital which could not be spent in a city which could not expand beyond its walls for a long time. First they made the streets narrow, and built porches, so that more housing could be built above the porches (35 km of them). Then rich families started competing at building towers. The two standing towers are named after notable families that are no more. Similar to carving giant stone heads on Easter Island IMHO.
I am reminded of the Tower of Babel in the Bible.
Trying to get to heaven that way, are they….
At least those towers were open to let air in..
Modern skyscrapers are sealed up tight..like being in a dungeon
Modern skyscrapers are sealed up tight..like being in a dungeon
Think of them as a storage bank for steel which we will need in the future.
I’m sure they all have an aggressive air circulation system installed to prevent another Covid outbreak.
Some public transportation buses now keep a couple windows open throughout the year, rain, sleet, or snow, to prevent another Covid-19 outbreak.
In fact the tower of Babel was accompanied by a social situation which was very different (the economic situation has similarities). There were only Bolognese in Bologna. Besides the towers, the rich also built still standing summer villas with parks in the plain to the North. Venice during its decline did the exact same, and they are now a tourist attraction.
After watching this … Fast Eddy anoints Jim ‘The New George Carlin’
Absolutely magnificent – beginning to end
https://youtu.be/V6XoV-5X7as
UKEY war … https://t.me/downtherabbitholewegofolks/89868
hahahahaaha https://youtu.be/RqVFTEFvSBA?t=459
ooooohhh… https://www.youtube.com/watch?v=RqVFTEFvSBA
Two men motor across the UK, comparing an EV and an ICE car, in terms of both time and cost. 25 minutes.
This is one of the comments to the video:
The Grand Illusion of the Matrix Entrapment..
Lower Class: The median net worth for the lower class is around $12,000. However, another source cites the bottom 20% (often considered the poverty class) as having a median net worth of $6,030. [1] [2]
Middle Class: The middle class has a median net worth of $145,200, which can vary. According to another source, the central 20% of the population (middle class) has a median net worth of $104,700. [3] [4]
Upper Middle Class: The median net worth of the upper middle class is about $805,400. Another perspective places the next 20% (upper-middle class) at a median net price of $201,800. [5] [6]
Understanding Net Worth
Net worth represents the total assets a person has minus their liabilities. It includes everything from savings, investments, and property values to retirement accounts, minus debts like mortgages, loans, and credit card balances. It’s a crucial metric, offering a more comprehensive picture of financial standing than just annual income. Net worth is how much money you keep and how much value your assets have. Income isn’t wealth, it’s earnings; net worth is wealth.
https://m.youtube.com/watch?v=7U2E-In0DDg&pp=ygUXdGhlIGdyYW5kIGlsbHVzaW9uIHN0eXg%3D
According to lead singer Dennis DeYoung, the album’s theme was the struggle to overcome self-deluding superficiality in order to affirm one’s genuine value. This theme was reflected in the lyrics of the album’s title track:
so if you think your life is complete confusion
’cause your neighbor’s got it made
just remember that it’s a grand illusion
and deep inside we’re all the same
“the struggle to overcome self-deluding superficiality”.
No struggle Mike, it’s what social media is for.
Botox, plastic surgery and bum lifts
Are what make life worth livin’
If y’aint got tatts and duck lips
No gettin’ through dem gates of Heaven
I beg to differ
It’s Time to Log Off
There’s a devastating amount of heavy news these days. Psychology experts say you need to know your limits—
https://www.wired.com/story/doomscrolling-bad-news-mental-health/
According to psychology experts, this has become a serious problem. People are ingesting too much negative news, and it’s not only affecting them personally but impacting society at large. People can handle some bad news, but what if it’s a lot of bad news? And what if a lot of people are doing this while trying to function in the world together?
Matthew Price, a professor of psychological science at the University of Vermont, says that stress is cumulative. One thing starts stressing you out, and then it’s another thing, and then one more thing. Suddenly, you’re spiraling. He says the stress can continue throughout your day even when you’ve stopped bingeing on bad news on social media.
“Some of the work that we have done has shown it definitely increases your stress in the moment. It could increase your stress throughout the rest of your day,” Price says. “When you doomscroll, it gets much easier to reach your limit than I think you would if you weren’t doing that.”
Price says ingesting a lot of negative news can cause anxiety and depression, at least for some period of time, but it’s especially likely to “exacerbate” anxiety, depression, and PTSD in people who have a history of experiencing those conditions. He says that people often doomscroll because there’s something bad going on and they want to find a way to fix the problem they’re reading about.
What about the old saying…the Truth will set you FREE…if you can handle it, that is..
In all honesty…how many here would rather not know the Doom Show? I’ll be frank; a happy, contented moaron not concerned about a future demise of BAU…something Gail has stressed we really can’t do anything about ourselves,
or a rant raving hand waving fixated addict repeating himself day and day out?
Hmm, makes one realize..life is short anyway …enjoy the moment
some will live their whole lives with no collapse, billions of others not so much.
here it’s bAU tonight just 37 days until 2024, baby!
Q4 is flying by and flying high.
Thank you, Dave, for being positive..I feel better already
They are seeking to Mass Demoralize … prior to extermination
Makes folks happy about dying… it’s an escape from a world gone mad
Kill some Gaza kids? Lop off a kids pecker drill a hole? Skin a gal’s forearm… stick the skin sack to the puby .. insert a dil.do… and voila.. a man!!!
D to the M… that’s what we are observing
OFW is the vaccine against doom stress. Short of the nukes flying we are not surprised. BAU in a contracting world economy.
If you are feeling doom stress.. you need to grip the fact that we are a vicious cancer destroying the planet and causing epic suffering…
If you can accept that… going extinct becomes a positive.
And this will eliminate your doom stress
IT’S TIME TO LOG OFF…TOO MUCH NEGATIVE NEWS
That is correct because people are angry and scared, so they are lashing out. The internet is a great place to do that because they can do it anonymously and function like an echo chamber by amplifying it.
The irony is the changes they are offering are more Neo-liberalism that they are critical of; go figure.
Figure 1 tailwind of low oil prices, about $100 for 2022, and 2023 looks like it will end at about an annual average of $80.
so current prices are back down to moderate, not a tailwind for sure, but nowhere near the 2011-2014 high-price range.
then in the past 10 years or so, only 2022 broke out higher than a moderate price.
Don’t ever try to predict oil prices. The Arabs are incapable of fixing oil price. You have a better chance predicting currencies pair fluctuation because they are pretty much fixed.
Secondly, the price of the oil will depend on the deepness of the dollar global recession that is coming, especially overseas. But, here comes the but, if the BRICS currency scheme takes place, these nations might avoid a recession while putting pressure on ‘devaluing’ the dollar. Time will tell.
It seems, I’m just saying it seems, there is a hidden struggle for control of oil prices. Biden and the West in general (plus China and India) want prices as low as possible and the owners of black gold want it much higher than the current one. The former use paper markets and the latter, production restrictions.
We will see
Quark from Spain .
If oil goes below 60 dollars a barrel, Biden wins reelection by 5 points. Below 50 by 10 points. Saudis need oil at 91 dollars.
Besides the US and China, most of the world’s real economy, called “old economy” (resources, steel, agriculture, and manufacturing driven), will be in a recession, if not all of them. We need to watch how bad it will get and what the BRICS will do about it if anything. The other is Argentina.
Now, if more wars or some of the wars spread, that’s a different story.
High inflation can be tricky in your area, Spain. But the core issue remains: Europe is in a terminal decline because it can’t compete technologically with the US and China.
It is what it is.
I think you are right about low oil prices being helpful to Biden’s re-election.
1º) After the end of the summer, the countries of the Middle East stop using oil to generate electricity and power the essential air conditioning in the area. That means that if they maintain oil production, they release the remainder for export.
2º) Winter is characterized in the West with the arrival of the cold. A lot of heating oil is used and therefore consumption increases. This year, winter has not appeared and even in the US the gas inventory has increased, because it has hardly been used. Neither does diesel, with lower associated oil consumption.
3º) The European-Japanese industrial recession has been embedded for some time. Lower transportation costs and less oil consumption.
4º) And above all, taking advantage of the tailwind, short positions skyrocket in the oil market, while long positions are closed.
The overall impact is a sharp decline in prices, until the four points or one of them, in particular, the short ones, subside.
This year, winter has not appeared
It has in the UK just like it does every year.
Not here in Benelux, France and Germany . Daytime temperature is still double digit . Haven’t wore my padded jacket even once . Expected cold wave to start on 29th Nov . My friend’s son works in C&A reports the same , not much moving in the winter clothing section . That is also the reason that gas storage is 99.5% .
https://gas.kyos.com/gas/de
https://www.youtube.com/watch?v=x2ZadzpwJZg
A girl during the Belle Epoque
Someone claiming to be her grandson wrote comments. tl, dr, she came from a family of money, from Aube in the Champagne region. Her husband did not serve in the fronts because of family influence during the Great war, and he died before 1939. After the German invasion in 1940 she and some of her 11 children fled to her castle in Basque country where no one bothered them. She apparently died in the 1980s.
Guess her ancestors were burnt during the Revolution and prepared accordingly to avoid the World Wars.
Pandemic of the Glioblastomas?
Speaking of turbo cancer: spent the weekend taking care of my cousin (64, previously in excellent health) who had the injectables two years ago and then the boosters and is now in a near vegetative state, due to turbo glioblastoma. I sat with him this weekend so his wife could go do things like grocery shopping. The decline in this formerly brilliant lawyer/outdoorsman is shocking. And I KNOW it was the injectables.
E’s brother died of a heart attack. Her friend of a glioblastoma.
Two clients in the studio have been recently diagnosed with cancer, and currently in treatment. One has a sister who was diagnosed with endometrial cancer at the same time. Cancer does not run in their family.
H has a CT to look at a cyst on her kidney.
One client with fibroids bleeding out.
Just got another glioblastoma call…😔 D’s aunt…That’s #6 for glioblastoma in my immediate circle.
G’s customer just diagnosed with glioblastoma – 6wks ago…discharged from hospital, sent home to wait to die. Now deceased.
https://sagehana.substack.com/p/pandemic-of-the-glioblastomas
Now that’s a brutal outcome … the treatment is to saw off the victim’s skull.. and dig out the tumor with a sharp knife… E.U.
every exposure to both the covid and the vaccines increases the risk of severe health problems.
both are to be avoided.
the average health of humans has forever been reduced.
very similar dangerous spike proteins in both.
the natural one is now endemic forever.
BOTH COVID AND VACCINE ARE TO BE AVOIDED
In which 7-Eleven did you hear that? Or did you hear that from Rogan’s Podcast University?
Babli … doesn’t that mean Me.ntally Il.l in Turkmen?
On July 13, Bouquet, who at that point was traveling across Pennsylvania with British reinforcements for Fort Pitt, responded to Amherst, promising that he would try to spread the disease to the Native Americans via contaminated blankets, “taking care however not to get the disease myself.” That tactic seemed to please Amherst, who wrote back in approval on July 16, urging him to spread smallpox “as well as try Every other method that can serve to Extirpate this Execreble [sic] Race.”
What Amherst and Bouquet didn’t know was that somebody at Fort Pitt had already thought of trying to infect the Native Americans with smallpox—and had attempted to do it.
William Trent, a trader, land speculator and militia captain, wrote in his diary that on June 23, two Delaware emissaries had visited the fort, and asked to hold talks the next day. At that meeting, after the Native American diplomats had tried unsuccessfully to persuade the British to abandon Fort Pitt, they asked for provisions and liquor for their return. The British complied and also gave them gifts—two blankets and a handkerchief which had come from the smallpox ward. “I hope it will have the desired effect,” Trent wrote.
https://sagehana.substack.com/p/two-blankets-at-once
What a sad species… a disgrace to the planet
And now for something completely different.
Malaysia Airlines Flight 370 disappeared on March 8th 2014. On May 19, about nine weeks later, a leaked video was published to YouTube by a third party who claimed to have received it on March 12th. The video shows what appears to be a jet airliner on fire being trailed by three spiraling orbs. Eventually, the three orbs change to a vertical pattern and disappear in a flash with the airliner, leaving a dead-end trail of smoke in the sky. A month later on June 12th, a second video was published to the same channel that showed the exact same event taken from a different viewpoint. These videos have been deleted from YouTube but can still be found on archive-dot-org.
https://rumble.com/v3xahjy-malaysia-airlines-flight-370.html
Click bate have been associated with finger tendon strain and may lead to brain atrophy
“And now for something completely different.”
Thank you, Timbo, intriguing video, but it’s not completely different. Cromagnon posted a link to a highly enlightening video by Forbes and Greenyer two days ago.
Yes, Zemi. I know that NOW. My problem is that I’m in a different timezone, so a lot of gossip goes on in these threads while I’m sleeping, and I sometimes post stuff before checking sufficiently. My Bad!
On the other hand, I sometimes do a search to see if what I’m going to post has been posted already, so I am not totally sociopathic, just a bit slow.
So you wormholed into a different time zone. Ok, I’ll let you off. See how generous I am, even though you’ve done nothing to deserve it? 🙂
I just read that the JOOOS are exterminating the Gazians … https://indi.ca/the-horror-of-watching-the-genocide-of-gaza-in-real-time/
Ok great. Real time Genocide.
So why would they release the hostages? These are the guys who ‘beheaded a couple of dozen babies’ right?
Why not set up an Onlyfans channel and slice pieces off of the hostages… gang rape them … torture them… and broadcast it with a message that this is tit for tat?
https://www.msn.com/en-us/news/world/hamas-has-released-12-thai-hostages-heres-what-to-know/ar-AA1ktppB
Bit odd… letting folks go…
So the Jooos are now giving rather than receiving….
At least they learned from Addie Hitter and his Nannies
https://m.youtube.com/watch?v=rLtBTew1t9M&t=3185s
Peak Oil Chat: Simon Michaux April Edition pt1
Simon at 28.00 talks about transition and getting along..
Interesting….not going to happen imo
Simon surely cannot believe such nonsense… as surely Tim Morgan understands we are doomed.
But they need to keep the mob hopeful so they slap a bit of lipstick on the pig… and norm gets all excited.
ya but when I suggest the answer to this never ending nightmare … is extinction …
the MOREONS get upset
https://indi.ca/the-horror-of-watching-the-genocide-of-gaza-in-real-time/
Never waste a good crisis. The globalist money changers and their ‘migrant’ infiltrants agenda is loosing steam. Only on a spit, they will gain steam. Profit for everyone! A beautiful day to invade Switserland.
Because, that is where they will hide.
Switserland is part of nothing, no €, no $, no tora, no koran, no FE, no Norman.
I know you’re a person and not a bot because bots know the difference between loosing and losing.
And i know you’re not from Thailand, because your nick is ivanislav. But thank you.
I can see that stress levels are elevated as extermination looms over us
Keep in mind they will not wait until collapse is actually underway…. so don’t think that there will be a raging fire as the cannisters are released…
They will be launched while BAU is still in play… things will be mostly normal when it happens.
FE, i have gaving it a very long and hard thought. The Chinese word “rabbit” written on the chest of the person in Utopia, “follow the white rabbit” on the first Matrix movie amd the Year of the Rabbit ending in Feb 2024 (winter is now upon us). Too much of a “coincidence”
100%.
Surely we can all feel the incredible weight pressing down on BAU from the many calamities that are brewing in the global financial system…. relentless inflation … China property collapse… CRE slow mo implosion…
Even the normie MOREONS can feel it … although they as always believe ‘they’ will do something… cuz they always do … to prevent collapse of civilization…
The Elders feel it… and they will act… they didn’t go to all the trouble to shoot up 6B+ MOREONS with the rat juice and wreck their immune systems for nuthin.
They have this… they will not let us down.
The Year of the Rabbit concludes Feb 10…
then what next?
the Year of Hoolio?
Down by the schoolyard?
but Paul Simon spelled its name wrong.
who would be the subject of Still Crazy After All These Years? 😉
Obviously it will be year of the MOARON next.
YES!
I want to observe the collective narcissism unfold to its maximum extent and expression.
It’s a morbid curiosity. After all, they wanted me vaxed up through their mass hysteria, coercion and groupthink.
Full gas through the stagflation, maxed out credit cards and plunging housing market, while projecting the statuses and prestiges on Potemkin facade media, and with cancer tumors bulging in their ovaries, testes and mammary glands.
It will be glorious!
A sight to behold!
The truth of Rapacious Primate temptation!
🥳👍👍
cancer tumors bulging in their ovaries, testes and mammary glands.
and their brains.. don’t forget the gyobastomian tumors… I wonder if as things progress… the Vaxxers brain tumors will grow so large that they bulge
https://2.bp.blogspot.com/-YXmYoRmQEsY/Tf7-Uj6JU7I/AAAAAAAACE8/mU6h9M7hYbU/s1600/man+with+bump.jpg
I kinda hope UEP fails and 8B rip each other’s faces off and roast the parts on a fire
That would be a more fitting end for these violent wicked animals
Stress levels, indeed. Imho, the core is preparing for the extermination of mass migration, while keeping the oil fields in place.
Aka reducing domestic consumption in the Middle east.
After all, a camel doesn’t run on diesel, does it?
and when the oil is securely left in place
what exactly will anyone be able to do with it?
“Offshore wind farm proposed off Jersey’s south-west coast
“An offshore wind farm off Jersey’s south-west coast has been proposed to generate ‘around six times’ the island’s current electricity demand.
“Environment Minister Deputy Jonathan Renouf has put forward plans to provide ‘significant environmental and economic benefits’ to Jersey.”
https://www.bbc.com/news/world-europe-jersey-67134559
Is this an indication of popular-mentality fantasies?
Mr Renouf said the wind farm should be privately funded and designed.
If it makes economic sense, perhaps it will be privately funded and designed. If it doesn’t (which I strongly suspect is the case) it will not.
Maybe this is one conflict that is subsiding at least for the time being. We will see. Israel has massively trashed its reputation, or what remained of it, on the global stage. USA has also come out of the Siege of Gaza in a very poor light.
Israel and USA seem to have failed in their stated objectives that they would eliminate Hamas in Gaza and a ceasefire has been conceded after 48 days of attacks on the population of Gaza and with over 13,000 dead.
USA has done massive damage to its diplomatic standing in the Middle East and further afield. Saudi and Turkey are very unhappy with what has transpired but so is everyone else. USA and Israel are isolated at the UN.
“The 2023 Israel–Hamas ceasefire is an ongoing ceasefire in the current war between Israel and Hamas. Both sides agreed to a four-day break in fighting, with the ceasefire subject to extension providing additional hostages are released.[1] The ceasefire mandates the release of 50 hostages held in Gaza in exchange for 150 Palestinian prisoners held in Israel, accused of offenses including supporting terrorism, acts of violence and throwing stones. During the ceasefire, the sides agreed upon entry of humanitarian aid into the besieged enclave.[2]” (Wiki)
> Hamas Mocks Israel’s ‘Failure’, Calls Gaza Ceasefire Political Victory; ‘Even With U.S. Support…’
Hamas Leader Ismail Haniyeh has made a big statement as the ceasefire in Gaza begins. Ismail Haniyeh called the ceasefire in the Gaza Strip a political victory for Hamas. He said that even with massive strikes and U.S. support, Israel failed to meet its goals. The remarks were made during a meeting with Iranian Minister Hossein Amir-Abdollahian. The Iranian Foreign Minister agreed with Haniyeh’s assessment of the Israeli Army’s alleged ‘poor show.’
Wars are always a good excuse for more spending and more debt. I suppose that is the reason that they are so popular, even if they don’t reach their planned objectives.
Another Palestinian from Algerian heritage just stabbeb a few children in Dublin.
Ohhh artificial intelligence loved that one. Chew on it honey, bits & bites won’t change gravity.
We will find out soon enough what is inevitable and what is not.
Mass DM
Does the ‘D’ stand for deportation?
If not, i’ll never speak to you again.
Mirror, two of your favorite oppressed ethnicities are not exactly getting on like a house on fire at the moment. And the big question is, which side are you going to cheer for?
Breitbart is enjoying this. They have posted links to about a dozen videos of the Dublin riots. The Irish haven’t been quite this irate since they kicked out the British in 1923.
https://www.breitbart.com/europe/2023/11/23/riots-erupt-dublin-immigrant-accused-mass-stabbing-attack-children/
Tim, I thought that you were all for a successful multicultural Britain, that ethnicities do not matter, that everyone is British and you are an Eastender by roots and used to that anyway?
British society is what it is and I accept it for what it is. About 40% of kids are from other backgrounds now anyway so that is that. It is basically as simple as that for me and I would not ‘read’ too much into it.
The ‘British’ are anyway a hybrid of continentals and further back of highly divergent West Eurasian populations who were further diverged genetically from each other than are modern East and West Eurasians.
The end result tends to be a population that occupies a small genetic area in the middle of the older populations and new populations form and that is how they all got here in the first place.
The world is a flux and all things in it including humans and most people in Britain seem to be over that. Daily political disputes are petty in the big picture. I would not take Breitbart too seriously as a depiction of reality. It is an echo chamber of the obsessed.
I agree with you on all of what you’ve said there, Mirror. I do… and I am…
I want us all to be one big happy family and not get too hung up about each other’s racial or ethnic origins. And I think in the UK, while we’re not exactly happy, in the main our society is functioning as a family. Margaret Thatcher would have disagreed with this, of course.
Some people like stats. I like stats. In the UK, the murder rate is about 1 per 100,000 per year. In the US it is about 6 per 100,000 per year, in Japan its 0.25 per 100,000 per year. These rates don’t say a lot about how happy these countries are, but I think they say a lot about how functional these countries are.
As you may have read, I’m not a big fan of genetic determination and I am convinced that cultural factors including what society, what class, and what family you grew up in are far bigger determinants of how you are going to grow up, than what genes got shuffled into your genome.
This is why I have little patience with the “genes for wealth” theorists who think that having wealth and hoarding it for a dozen generations somehow allows people to develop genes that “select” people for the task.
Genetic analysis does tell us a lot about who lived where and how they migrated a lot time ago, and that is a fascinating and exciting subject, although I have not studied it much in recent years.
And yes, Breitbart sucks. Every bit as much as most mainstream media these days. I honestly couldn’t recommend anything in today’s news jungle as fair and unbiased. In particular, Breitbart’s pro-Israel chauvinism and reactionary take on all things woke are impossible to take seriously. It is a mirror image, so to speak, of the leftosphere it attempts to lampoon. In today’s media, is there a sane middle that any reasonable person is comfortable standing in?
My English mate in Osaka avoids online news almost entirely, and instead subscribes to The Week, which he says tells him everything he needs to know about the old country.
Lots of good clips there..
I suspect this is all part of UEP… why else would they invite illegal immigrants into the country?
Looking at those clips the MOREONS will feel that the world is unravelling … (see The Second Coming)…. that we are descending into total chaos… (see Trannies flashing primaries… see Frankenstein gender swapping surgeries on 13yr olds…. and how about inserting extra garbage into the immune system destroying Rat Juice and decimating the MOREONS to contribute to the feelings of imminent doom… genocide in Gaza is also part of this )….
The 8B will welcome the extermination — who wants to live in a world like this????
The decay in quality reveals that the collapse of the neoliberal-hyper-financialization-hyper-globalization model has already occurred. We’re simply waiting for the second stage, where it’s not just the production of quality goods that collapses: the production of even low-quality goods tumbles off the cliff as economies of scale are no longer enough to keep production profitable.
did you write this yourself or is that the usual copypaste?
drb—are you insinuating that eddy is a plagiarist?
heaven forfend!!!!
The rule of thumb is, if it contains words of more than two syllables, it’s a cut ‘n’ paste job, innit!
ha! I think you’ve cracked the code.
It is debt based currencies that is over the top. Aka greed. A few Giorgia Guide Stones will drop on humanity like a cheap whore having a lapdance on Norman with a flat tire.
I just ordered a pair of studded winter tires for my eMTB, I wonder when I can get a lap dance with a happy ending as a Christmas voucher for my support of the high-tech composites, electronics, rubber and metal industries?
Oh, right, I forgot. I must transform myself to be a good little Tryhard Attaboy first – Just like that which Normal projects. You know, “buying” a gaudy postmodern house and a plug in hybrid, of course all on credit.
It is not even absurd.
🤣👍👍
Advertising tells us that products are ‘Premium,’ but 40 years ago products with similar or superior specifications were produced as ‘cheap.’ Todays standard grade products would be regarded as Defective in the economy of pre-1990s.
Why is this happening? Almost certainly it’s a product of resource depletion and substitution of superior and fit-for-purpose materials with inferior and faulty materials.
I have seen this also in copper pipe and road bitumen. The pre-90s versions of these products were durable and fit for purpose … whatever watered down substitutes we use now are defective grade products that degrade quickly even under normal working conditions.
I wonder how far quality can degrade before our economic model fails?
Maybe we’re just arriving at the point of failure now?”
https://www.oftwominds.com/blogfeb23/stainless-steal2-23.html
Charles Hugh Smith comes up with good observations regularly.
In my opinion, the vinyl flooring we could buy years ago was superior to the laminate fake wood that we see everywhere now. Also, the real hardwood floor was superior to any substitute.
We get what is inexpensive to make. That becomes the fashionable alternative.
There is also the declining quality of metals, due to poorer ore and worse coal used in foundries. Steel used in transformers is perhaps the best, and everywhere in the world transformers are in back-orders of years or months. You can all imagine what happens to the grid once there is an acute shortage.
No opinion on quality of linoleum, but laying large pieces is extremely difficult and wasteful of area. A skilled craftsman must measure rooms exactly, place seams exactly, cut pieces exactly and then move very heavy pieces without damage to material or surroundings. Replacement is a quandary, there is a sub floor otherwise it is impossible to remove one layer without damaging the subfloor nailed to the joists. If a new linoleum floor is installed, that is a second sub-sub floor and doors must be cut along with jams to allow for the additional thickness. Jam saws are expensive to run as one cuts through nails, the blades are not flat, they have a depression in the center so they can cut flat with the floor. Need I go on?
Hardwood floors are wonderful except over time they warp as the joints are filled with sawdust mixed in with varnish, there is no expansion or contraction. Excepting a consistently climate controlled home. Installing a hardwood floor is very messy, they must be sanded after installation and varnishing to smooth both the boards and the joints. The dust goes everywhere.
I am cheap, and done by a homeowner, neglecting time unless one makes >$400k/year, it is profitable on an after tax basis, add compounding over time and you get the idea. Currently sitting on a self installed hardwood floor, with microgrooves, prefinished, no sanding – it was considered.
Little tiles do have a huge advantage over big sheets of linoleum, I would agree. When we first moved to the house where we now live in 2002, we thought about replacing the kitchen flooring because it had some stains on it and the light blue color restricted decorating choices. But we discovered that replacing it would be terribly expensive. It ran through the laundry room, the kitchen and my husband’s office. All of the furniture would have to be removed from those rooms, and prior layers of flooring would need to be taken up.
A year ago, I was walking past a flooring store and inquired about whether any flooring was available that didn’t look like fake wood (since it would look strange next to hardwood floors). The salesman found some tile that looks like fake stone, in a light brown color. It could be put down easily, by moving furniture around, temporarily. There seems to be a thin vinyl layer on top, to protect the design. Installing it was a lot less expensive than my vinyl estimate in 2002. So we have the fake stone flooring now.
We do keep our house climate controlled, so the hardwood floor hasn’t been a problem. That is a good point.
We put down fake wood flooring in our finished basement, after we had trouble with water getting in.
Gail, it’s obvious that you never run a construction company.
Vinyl flooring is ugly and tacky. Impossible to repair. Also, it is not easy to install.
Laminated wood is easy to install and to repair.
Hardwood floors are expensive, and it takes special equipment to install and finish it. Almost impossible to repair.
Still wondering how many boosters you’ve had Angelo… do you slobber when you try to speak?
Conventional hardwood finishes are hard to repair; the floors themselves aren’t.
We need to replace some old vinyl flooring before selling our current house. Can’t put in the engineered-type flooring because it needs a level surface and our old floors are very wonky.
A lot of tacky surface treatments are due to the underlayment becoming sub-optimal (thinking of popcorn ceilings, stucco on interior walls to hide failures in earlier layers of plaster.
I tried to find a real plasterer for an 8×12 bathroom in the new house. Was quoted $40,000.
Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says PUBLISHED THU, NOV 23 2023 4:38 PM EST
KEY POINTS CNBC Spencer Kimball
The oil and gas industry faces a reckoning over its role in the clean energy transition, according to an International Energy Agency report.
Just 1% of global investment in clean energy has come from oil and gas companies, according to the IEA.
The industry needs to let go of the “illusion” that carbon capture technology is a solution to climate change, according to the IEA.
…..Just 1% of global investment in clean energy has come from oil and gas companies, according to Birol. The industry needs to face the “uncomfortable truth” that a successful clean energy transition will require scaling back oil and gas operations, not expanding them, the IEA chief wrote.
“So while all oil and gas producers needs to reduce emissions from their own operations, including methane leaks and flaring, our call to action is much wider,” Birol wrote.
The industry would need to invest 50% of capital expenditures in clean energy projects by 2030 to meet the goal of limiting climate change to 1.5 degrees Celsius, according to the IEA report. About 2.5% of the industry’s capital spending went toward clean energy in 2022.
One of the major pitfalls in the energy transition is excessive reliance on carbon capture, according to the report. Carbon capture is essential for achieving net zero emissions in some sectors, but it should not be used as a way to retain the status quo, according to the IEA.
An “inconceivable” 32 billion tons of carbon would need to be captured for utilization or storage by 2050 to limit climate change to 1.5 degrees Celsius under current projections for oil and gas consumption, according to the IEA.
The necessary technology would require 26,000 terawatt hours of electricity to operate in 2050, more than total global demand in 2022, according to the IEA.
It would also require $3.5 trillion in annual investment from today through mid-century, which equivalent to the entire oil and gas industry’s annual revenue in recent years, according to the report.
Once I read a comment from an oil CEO…All energy is dirty….get over it
Back in my Oil Drum days, there were many articles about carbon capture and storage not working. In fact, the first energy conference I went to was at Georgia Institute of Technology, in downtown Atlanta, and it was talking about how carbon capture wouldn’t work. (It also did not provide much hope for wind and solar.)
A big issue is that it is doubtful that you can keep the CO2 underground indefinitely. When the CO2 gets out, it tends to settle near the ground since it is heavier than air. This tends to suffocate people and animals living in the area. Needless to say, this creates a huge liability risk.
There is also the issue that volume of CO2 is trying to sequester is hugely greater than the carbon atoms, alone, because two oxygen atoms are being added to each carbon atom. This makes for the need for huge infrastructure.
The next problem is that it takes a lot of energy to separate the CO2 out. It becomes necessary to burn our (scarce) energy supplies more quickly, to have adequate output, after subtracting what is needed for sequestration.
It has clearly not worked, for a very long time. Sometimes oil companies will offer to buy a little CO2, to help push oil out of wells, but this cannot be scaled up to handle all of the carbon emissions.
The lies of the Hydrogen economy .
https://thehonestsorcerer.medium.com/white-hydrogen-lies-54f04450f2a0
That is a good write up. It has been posted before, but it is worth seeing again.
The world is in a state of contraction ,
https://www.reuters.com/markets/asia/japans-economy-contracts-demand-wanes-2023-11-15/
Part of the problem is that Japan’s population is contracting. Looking at births minus death, the population is now decreasing at a rate of 0.61%per year. There is a little in-migration, so that the decrease is only 0.54% per year.
Japan has essentially no energy resources of its own. It has the second highest government debt to GDP ratio in the world, after Venezuela.
https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country
And the CBs cannot use the old flood the world with cheap $$$ to rescue BAU…
We are in the kill box… and the cannisters await their much anticipated release…
Tick… Tock….
THE WORLD IS IN A STATE OF CONTRACTION
Correct. The US economy is no longer large enough to supply all the necessary dollars to pay all the dollar debts without causing inflation at home, so the Fed is pulling the plug on the US debt bubble, leading to the current world economic slowdown.
To put into perspective, if this medication by the Fed had been applied in the 1990s, the world would be in a depression, and commodities would have crashed.
No way… what an insight!!! How did you think of this????
The world economy does not depend on how many dollars the US prints.
It depends on real things being mined, grown and manufactured.
dont forget all those who insist we can live on data and AI withnail
DONT FORGET ALL THOSE WHO INSIST WE CAN LIVE ON DATA
How do you explain the reason the USA has Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, Nvidia NVDA, Meta Platforms META and Tesla TSLA while Europe, South America, Africa, Australia don’t?
Because, economically, these nations and continents are finished.
THE WORLD ECONOMY DOES NOT DEPEND ON HOW MANY DOLLARS THE US PRINTS.
That’s when taken by force or any other means come.
That’s when taken by force or any other means come.
You need industry to fight a real war
Europe has made wood pellets a favored formed of green energy. These pellets come from the US Southeast, not too far south from where I live. There must be subsidies in Europe for these pellets.
Now, the biggest (and practically only) US wood pellet exporter is in financial trouble. The price of a share of its stock is under $1. It made wrong-way bets on where the price of wood pellets would go. I strongly suggest that It really needs high prices for its model to work, and it bet that prices would stay high. But now they have fallen. There are also US local tax subsides that have helped make the system work. These need to be permanent to make the system work, I expect. Low diesel prices would be helpful, too.
This is a link I found for prices of wood pellets. The UK gets pellets from many places.
https://www.indexbox.io/search/wood-pellets-price-the-uk/
https://news.mongabay.com/2023/11/enviva-the-worlds-largest-biomass-energy-company-is-near-collapse/
https://www.yorkshirepost.co.uk/business/drax-says-it-is-well-insulated-as-biomass-supplier-enviva-at-risk-of-collapse-4420580
Drax says it is ‘well insulated’ as biomass supplier Enviva at risk of collapse
Yorkshire power station operator Drax has said it is “well insulated” in its supply of biomass wood pellets after Enviva, one of its suppliers, announced that its future was in doubt.
https://www.msn.com/en-us/money/markets/the-trade-that-backfired-for-america-s-biggest-wood-pellet-exporter/ar-AA1kllXM
Another form of green energy hits rough waters.
Gail , I had posted the link on the Enviva collapse but it is not posted . Still having problems with posting . Anyway will PV be next ?
https://www.pv-tech.org/can-anything-prevent-a-pv-manufacturing-downturn-in-2024/
Thanks for posting that link. I probably should have seen it sooner.
I know that solar PV is selling for a lot less now. The article you link to is a very long one, showing that there seems to be a significant chance of overproduction, leading to a shake-out in the industry.
It seems like the difficulty of adding transmission lines (in the US and elsewhere) would add to these problems. There is a problem with increased congestion on electricity transmission lines at times when the sun is shining. This makes wait times for new installations quite long.
US installations also depend on the subsidy programs offered. There is increased political pressure to scale these back. Such a scale-back would likely take some time to implement.
Anecdotally, I have been stunned as the Renogy and HQST 100 watt solar panels I had been slowly acquiring the past two years in storage for use ten-twenty years from now, have steadily dropped in price from $110 to around $80. Yes I have been fully aware of the impending green energy bust, but are these PVs the equivalent of ghost cities and bridges to nowhere that China has been pumping out , and now dumping out, presumably to keep people employed? Even solar charging units like Delta Pro2 Max and the Bluetti AC200Max have undergone price reductions as new competing manufacturers have flooded the market in the last year or two. I had figured for individual off grid home use only no transmission wires would be involved, only 6-8 gauge copper wire from the panels to the house , assuming you have charge controllers and inverters stashed away as well. But I wonder what is the shelf life of LiFePo batteries?
In the Po River valley, where I used to live, the pellets were eventually made illegal due to air pollution. So it looks like some of the temporary solutions are off the table too. And to think that Russia is so rich in discarded wood, we make huge piles and periodically burn them. I made my cows windbreaker out of bark slices.
Processing wood and shipping it across an ocean is a very costly way of providing “renewable” energy to burn. Lots of diesel fuel required.
Starship almost made it, new launch in a few weeks, huge success, two replacements almost ready to go.
All the material problems are solvable, pollution is solvable, humans will have some issues getting along, but remember, we are the biology, we are unique, we are meant to be here.
Listening to some on YouTube reflect on the origins of the universe. Big bang has remarkable similarities to “Let there be light” from a well read book, coincidence? How could some author thousands of years ago describe the universe starting with light? Lucky guess?
A conclusion: modern medicine is wonderful, we have too much of it for money; I have covered my experience with a very large dental practice, 12K unique patients of record over eight wonderful years. We met health objectives, our revenue per encounter steadily declined. Medicine should be the same way, it isn’t. That too will be fixed.
Have a great day all, thanks for all the comments. We will be here again, same time next year. Man may well be prospecting the moon and planning space, pollution free mining.
Dennis L.
> Big bang has remarkable similarities to “Let there be light” from a well read book
Very true, Dennis. But if there is a god (and I certainly can’t rule it out), who created him/her/it? Because as Julie Andrews sang, “Nothing comes from nothing, nothing ever could”. If there is a god, is he so all powerful that he created himself? We can never know.
Yes, that is an interesting question. Have heard a story about some physicist trying to explain the universe and a little old lady who responds “nonsense, it sits upon a turtle.” The physicist asked what is under the turtle, reply, “It is turtles all the way down.”
As good as any, we discover the fabric of the universe as we need it. My example Starship; NASA and others tried, spent countless billions, some guy migrates to the US and is somehow landing rockets on their tails at the Cape when NASA used to crash them into the ocean.
Awake each day, see the sun rise and wonder what opportunities will be revealed before noon. That does not mean it will be easy, that does not mean everything will work, but cut your losses short, move forward; 80/20 rule of the universe, even God only gets things right some of the time.
Dennis L.
“It is turtles all the way down.”
I was thinking of exactly that as I wrote my reply to you, Dennis. 🙂
Let there be Ligh…ttturtles who can laugh responsibly at Reality without chuckle shaking it too much when neutron stars collide. No problematic tail winds either..please LORDGA
almost made it to orbit=asteroid riches practically around the corner. we are saved!
I would invest, but alas, I lost all my money on the last next-big-thing space company. I think it was Virgin Orbit? Or Planetary Resources? Or Astra? I forget, there were so many.
The latest asteroid-mining newcomer is Astroforge – check it out! I can’t wait to invest, once my Wendy’s paycheck clears.
https://www.forbes.com/sites/alexknapp/2023/10/18/this-asteroid-mining-startup-is-ready-to-launch-the-first-ever-commercial-deep-space-mission/
ivanislav,
No sarcasm, it is 80/20, expect to lose 6x out of 10, law of the universe, but cut your losses, old trading adage.
Dennis L.
No consolation for those who actually lost money
kul,
If you like Excel, play some games with various probabilistic outcomes, you will find a number where wagering 1/8 of your money is an overall winner.
Not much fun when the losses are running.
Dennis L.
Apparently Dennis L never gambled. I have .
Apparently he has never heard about something called house edge as well.
No casino game, and no games of chance , ever have the house edge favorable to the gambler. Some new games might give a temporary edge to the gambler, and there are people who chase it, but such gaps are quickly closed.
I didn’t actually lose all my money on a space company, nor do I work at Wendy’s.
Almost, not quite.
It seems your denial grows every day the world is sailing farther from Singularity and all that.
This is called grabbing at straws. The perpetual hopefuls grabbing everything they can hold.
Next year, following the circus of what will happen on the first week of November, there might be much more strict control so I don’t know about your area but most of us won’t be here.
I showed this to someone who believes man has been on the moon … and even he said it looks fake…
https://hackaday.com/wp-content/uploads/2019/07/indiamoon_feat.jpg
@Dennis L … ” Man may well be prospecting the moon and planning space, pollution free mining.”
Shows a lack of understanding about geology. The moon has about 500km thick layer of basalt, because it doesn’t undergo the tectonic plate movements of Earth, nor has it had an atmosphere and water cycling, nor life, all factors needed for concentrating ores….
And then there are the VA Belts… that fry anything that passes through them
What’s geology when you live on beliefs, lost in the religious world of Science (TM) and post-humanism?
What are stones for those who softly refuse to accept their mortality and the demise of our much-loved industrial civilization?
He thinks his god Elon can make the basalt disappear with infinite bulshit energy
We are not talking ores, ores are secondary to oxidation, no air, no oxidation. Chinese are looking at the poles, time will tell. one theory has the moon being knocked out of the earth.
I don’t know, not much left here, nothing to lose, throw the dice.
Dennis L.
The God Elon said
“Let the Basalt be Gone!”
So the basalt disappeared.
Elon Genesis, 5:16
Colonel MacGregor has given an update on the situation in and around UKR.
> Col. Macgregor: Ukraine is COLLAPSING!
Wow! It’s over for Ukraine. Maybe if there is enough news out of Israel/Hamas, no one will notice.
Or maybe he’s like all those military guys who appeared around the Iraq war spouting lies including the WMD stuff… and everyone believed they were sincere?
Where is the proof that Ukey is collapsing?
Always remember… everything is fake
Wind turbine industry is dead . Siemens got bailed out with $ 6 billion . Now the bio mass . Down the rabbit hole .
https://news.mongabay.com/2023/11/enviva-the-worlds-largest-biomass-energy-company-is-near-collapse/
The forest biomass energy industry took a big hit this month, as that Enviva, the world’s largest producer of wood pellets (burned in former coal-fired power plants to generate energy on an industrial scale), suffered catastrophic losses in the third quarter. Enviva’s stock plummeted, its CEO was replaced, and the company appears to be on the brink of collapse.
Founded in 2004, Enviva harvests forests in the southeastern US, and its 10 plants are key suppliers of wood pellets to large power plants in the EU, the UK, Japan and South Korea, nations that use a vacuum scientifically suspect legal in carbon accounting to count the burning of forest wood as a renewable resource.
A former Enviva manager and whistleblower told Mongabay in 2022 that the company’s green claims were fraudulent. Last week, he said much of Enviva’s decline is due to its cheaply built factories equipped with defective machinery and large-scale fiscal miscalculations regarding lumber procurement costs.
It is unknown how the company’s decline will affect the global market for biomass for energy and the global supply of pellets. European and Asian nations rely on Enviva pellets to power their power plants and meet climate change targets, and burning forests for energy is wrongly claimed to produce zero emissions.
Excellent. Let’s celebrate.
Check this out … no link between Vax and Sudden Death https://duckduckgo.com/?q=sudden+death&iar=news&ia=news
https://www.azquotes.com/picture-quotes/quote-the-lady-doth-protest-too-much-methinks-william-shakespeare-26-73-43.jpg
I imagine that there are other uses for the wood, such as making paper napkins or toweling. The wood will likely find other uses.
Just starting into this https://www.audible.com/pd/The-Wood-Age-Audiobook/0008318867
Just finished this https://www.audible.com/pd/The-World-of-Sugar-Audiobook/B0C5KFBR83
Sugar has generated big money over the years….
No wonder. Drug dealing is one of the safest businesses there is, especially when the stuff is legal.
Point well taken.
Dennis L.
As the Hordes victory nears,it will be worthwhile to consider how much would be lost.
After the Russian revolution, the communists settled the Czarist debts at maybe 7-8 cents per dollar. In other words wealth plummetted by maybe 1/12-1/13.
Russia never really regained the wealth it lost during the revolution days. Contrary to Russian propaganda, without the stuff sent by USA thru Lend Lease, and the machinery taken from Central Europe and Manchuria and North Korea (which was the industry powerhouse of the Japanese Empire after the mainland became isolated), USSR would have remained primitive like 1941. Putin brought the Russian standards back to what it was around in 1890, but that is the max. It only survives because USA foolishly made China steer towards Russia.
With the hordes victory and the loss of confidence of western currency, the total wealth of the West might fall to at least 1/100, maybe 1/1000 , of what is now. The West’s finance based economy, which finances all of the future projects, will die and all the scientific projects will perish when they cannot secure the raw metals.
In effect, the world plunges back to 1910s. I introduced the clips from the Russian Empire in 1900s, with a snow covered Moscow and young women, who look like 40 when they are barely 20, in a cannery at Astrakhan, a Caspian port.
https://youtu.be/CP9FpboWlzU?si=6Ok9Rl2XIMgd5pse
Of course, the financiers might launch the nukes to prevent their daughters ending up like the women in the above clip, but that does not bring back the resources wantonly spent to raise the living standards of people who are unlikely to advance civilization.
Kul,
You might find this interesting. My takeaway, it is all about family.
https://www.youtube.com/watch?v=IbWl40xgw0A
Rothschild family.
The presentation seems to indicate wars are profitable; not sure why we have wars. People willingly send their young to be slaughtered.
Dennis L.
What did the Rothschilds contribute to civilization? Did they invent some important scientific method or did they finance some cool thing?
Their wars killed those who had the potential to advance civilization and propped up those who are not likely to do so, so their contribution to civilization was negative.
There are some conspiracy theories that your god is descended from them, Big deal. Even if your god is one of them, their contribution is so negative that your god won’t cancel it.
@Adonis
about this https://ourfiniteworld.com/2023/11/22/running-short-of-tailwinds-for-the-economy/comment-page-1/#comment-443187
Thanks with the City of London, the French nobility were back by 1814. The late Dr. Robert Firth said “Europe was saved!” after Waterloo, but he died without saying what it was saved from.
The French nobility took back all the lands taken after the Revolution, with the blessing of Marie Therese, Maria Antoinette’s daughter and the effective ruler of France 1815-1830. Marie Therese was very reactionary, opposing to all of the reforms. Although it was Fouche who was decisive bringing the Royalty back, MT did not forget what he did to MA and kicked Fouche out.
MT basically turned the clock back to 1750, and the French nobles who regained their land thanks to her still tend to retain their properties, although they now tend to keep lower profiles.
Nicolas Matthieu, who hails from Epinal, an eastern fortress town mostly known for its coal mines which are now depressed, wrote “And their Children after Them” in 2018, about the social arrangement of his depressed town when he was growing up in 1990s. The daughter of the local noble still lives in privilege, with her future assured. The protagonist, who is aware of the social structure of the town, does not f’k around her, but Hassan, the protagonist’s rival whose origins are obvious, does not know the social arrangement and f’ks around her. Hassan is put into jail , and after he got out he ends up as an unemployed bum with a son, who is given the name Ossein(Hussein). At least they didn’t cut his head like Stendhal’s days. Given the title of the book it is obvious that Ossein will follow his father’s footsteps, becoming another miscreant.
The nobility has learned that they can get away with it. After a generation they are back in power, and exacting revenge, so they will continue to ignore the 99.9%.
I wonder if Eric Chaisson ever read Joseph Tainter’s book, “The Collapse of Complex Societies?” Tainter said how complex societies end up collapsing under their own weight. I would apply a unifying theory to Chaisson and Tainter. “Time destroys all things.”
For example, take away fertilizer and lands used for industrial agriculture would turn to deserts. Another example would be, have all the fertilizers applied to land used for industrial agriculture for the past 200-years wash into every open body of water and watch as runaway algae blooms, along with the exponential growth of cyanobacteria, destroys all sources of drinking water.
It’s happened before, even before human beings were present, or fertilizers. You can mesh extinction events with extinction means. It goes both ways.
For example, take away fertilizer and lands used for industrial agriculture would turn to deserts.
I keep trying to explain this to people but they think somehow the land can produce crop after crop without fertiliser if need be. The reality is there will be no food at all when the fertiliser stops coming.
But when exactly does that happen? Field agriculture is expanding up here in the great white north. High tech and energy intensive and completely untenable long term,….but it expands non the less,…….
Yeah, and plenty of couples procreating their so called prodigy, completely untenable long term….but it expands non the less…..
Plenty of folks believe they can replant their front lawn and grow crops… they think they can just drop in seeds (where would they get the seeds???) and stuff will grow… hahahaha….
They are experiencing Du-nce Krooger Sindrome
It’s video games. In the very popular Fallout series of games, survivors often live in the modified ruins of former suburban homes and what not.
They grow crops but in the game all you need is a few square feet of them per person.
What happens, if something manages to grow, is that the wildlife eats quite a bit of it. We have hunger deer, rabbits and birds in this area. Fruit trees and nut trees tend to need spraying. What fruit they give may be too high up to pick without a tall ladder.
If BAU ended today — I’d soon starve. Even though I have a 20 tree orchard (won’t fruit till March)… there are lots of deer very nearby … but I’d have to walk a number of kms up some serious inclines and search for them… it’s not like shooting them in a zoo … + everyone else will be out there shooting them and they’ll quickly run very far away from the ruckus…
No matter how much you cook grass it cannot be digested…
It amuses me when people say they’d survive… even though we have endless examples of famine… seems they were unable to make it happen – why should any of us?
Good point…when I lived in North Carolina, the good old boys native sons would claim they would go out in the woods a bag a deer…right…
Try growing food in the hard clay like red ground there void of much nutrients….one fella had fruit trees that did not grow for years and another admitted the need of intensive soil supplements to product a adequate crop…and even so one will be bad every three or four years …
Yes, most of us will starve without BAU or be killed off if we have enough to eat
It amuses me when people say they’d survive… even though we have endless examples of famine… seems they were unable to make it happen – why should any of us?
The only way to survive is to make sure others don’t survive. Take their meagre supplies from them if you’re strong and ruthless enough to do so.
Corn growers do not see deer in a favorable light.
Dennis L.
“no food at all when the fertiliser stops coming.”
That’s almost true. Soy beans will put nitrogen back in the soil so you can grow corn every other year, but phosphorous and potassium to replace that in the crops sent off have to be added back.
Crop rotation is not fertiliser.
Soy beans? Not a very good idea, what with all the Soy allergies and recalls for Soy contamination.
I love Chinese food, just not the threats Chinese food additives like MSG and Soy pose.
Besides, I don’t think there are any real Chinese restaurants anymore. Not even in the major U.S. cities that claim to have Chinatowns. To many mouths to feed, and not enough substitutes and processed ingredient to go around. [sarcasm]
“Soy beans? Not a very good idea, ”
Directly or indirectly 15% of what you eat is soybeans. It’s a main ingredient in the feed for chickens and pigs.
Tainter tries to apply a cycle of 250 years on societies, while the desaster can be avoided by clever human reactions. Tainter is very worth reading but such an approach neednt be too convincing.
The fertilizer problem is more complex: crop does not grow naturally worldwide. It is a grass from Syria. You need to do a lot to grow crops, amoung them grow forests. Crops, sugar and rapeseed oil – the only allowed healthy food nowadays – is neither, healthy, nor natural, nor a historic food.
It is possible to use depleted soils without fertilzers for human food production: as gardens. The “natural” development would be grasslands, that can be kept stable with bovines, or would develop into woods.
The fertilizer problem is more complex: crop does not grow naturally worldwide.
It’s not complex. No fertiliser, no food.
People are not necessarily obese because of the sin of gluttony, as our fully controlled, fully owned, fully manipulated, and fully propagandized mainstream media would like us to believe. Today, most people are relying upon getting their nutritional needs met from a diet from processed foods.
Look at the Ukrainian soldiers. Plenty of fat in those troops. Same thing with the Russian military. Same thing with the American military. Fat soldiers?
The food supply is poisoned.
Back in the 1980s the amount of processed food that made up the average American’s diet was 32-percent. Today, it is stated as over 75-percent. The truth is probably more like 85-percent.
60-years ago my Grandmothers made our Thanksgiving entirely from real food. Same thing with my mother. This year, approximately 50-percent of Thanksgiving came out of a bag, or a box, or a can.
The claim that anything that comes in a bag or a box is bad is bad for you really hits home.
And your comment about even real food being poisoned is true. You are always supposed to wash your fruits and vegetables before eating.
Nothing is healthy for you anymore. By design. “It’s all part of the plan.”
This does not end well.
The current generations ( call them what you will x,y or z) have lost the art of conversation, the art of cooking and the reading habit . Absolutely unprepared for when TSHTF . FUBAR .
U.S. foreign policy for the past 30-years. “It’s all part of the plan.”
https://youtu.be/G0AXgaFqEas
Almost all processed foods are loaded with sugar. They also contain plenty of chems to preserve them. And they are laced with roundup and other poisons…
Definitely all by design. We do not want the MOREONS living to 100+ as that is bad for business.
Food for thought … we use finite substances to grow food to feed 8B…. we spray poisons on the food to prevent bugs from eating it … then we eat it….
Is this intelligent behaviour????
“The fact that recent interest rates are higher also makes it harder for borrowers to repay debt with interest.”
Loans were made to countries that never had any chance (or intention for that matter), of ever repaying those loans. Interest rates, higher or lower, is practically meaningless, beyond academic. When these countries defaulted, as they were almost expected to do, the banks got themselves another debtor, and another country, which was the goal all along. A proxy debtor. Debt servitude. “It’s all part of the plan.”
The United States has been pumping in billions into Ukraine and still Ukraine shouts for more. What happens when Russia captures all of the Ukraine? Is the U.S. planning on foreclosing on Russia — with all its huge reserves in natural resources, like natural gas, crude oil, coal, minerals, and rare earths?
Well into another season of giving, you have to wonder whether inflation rates (my Thanksgiving dinner cost over $300.00 this year), is synonymous with interest rates mirrors a season of taking? The end justifies the end? Price Thanksgiving out of one’s culture. Price whatever you don’t like out of existence.
You sound a little like Michael Hudson. He talks about the exploitation of poor countries by rich counties by giving them loans–as much as they can handle, and more.
Confessions of an Economic Hitman provides details of how this works…
Initially I was disgusted by this … but now … it’s just the smart f789ing over the stoopid weaklings… it’s our nature to do that.
That said — it puts a smile on my face when one of the weirdo students — who would have been mocked and abused by the cool kids… picks up a automatic rifle…
And gets some payback.
I cannot say I do not enjoy reading about such things
Elon Musk in an interview with Lex Fridman notes that nature is constant murder from the time the sun comes up.
We are biology, to our credit we have tried to invent various social norms to mitigate biology, it is a work in progress.
Eddy, there is no payback, what is lost in biology is lost; it may feel good, but the situation does not change.
Dennis L.
Dennis L.
What if find really amazing is that nobody listens to what Elon Musk says in the context of who Elon Musk is and what Elon Musk represents.
Musk is a government man. He would be nothing, just another foreigner, without government contracts. Sound familiar?
Anybody who goes up against Musk is disappeared. Look at Lockheed. Look at Boeing. Look at the Big Two (okay, for the sake of old times, the Big Three) US car makers. As David Collum pointed out: Musk is protected.
The interviews Musk has given lately about AI and now about how nature is “constant murder” are meant solely to desensitize us to what is already happening, and what is about to happen.
Or not. Elon Musk plays things from all sides.
There is some speculation that AI is just more government propaganda meant to scare the death out us. We are either decades away, or the AI S has already HTF. Choose.
If nature is “constant murder” then what is government? The ultimate act of projection is to destroy the world and blame somebody else — in this case nature. What has it ever been?
And now more so than ever.
I like Lions,…….I have always liked lions. Male Lions are full blown killers above all other examples in the mammalian world.
Prehistoric peoples recognized them for what they are….look at the cave paintings of Lasacaux or Chavet….
They single handedly kill (the majority of the time) the largest mammals the terrestrial realm offers. Single big males are known to pull down adult giraffe, hippo, buffalo, and even elephant.
They are in constant combat with other male lions for territory and breeding rights.
They will kill all rivals cubs if successful.
They all die by combat one way of the other.
When a male lion looks at you, you are never safe.
But,……they are honest about it….they want to kill everything that is not a potential mate (but even that is dicey) or their own offspring, or their comrades in arms (often biological brothers)……
Lions are the pinnacle of this realm
Humans just don’t realize it.
Kenya… bucket list trip … taken from a vehicle with no doors (land rover)… I was almost close enough to touch the lion… the driver said – not to worry they don’t enter the vehicle… as he reached for his rifle
https://i.postimg.cc/133xgtdX/El-Pepper-2-101.jpg
In a previous life I watched a lion charge toward me trying to escape rotor wash from a small copter we were using to corral wild kudu. He ran to within 50 feet of where I was sitting hidden behind a sliding steel door of a transport truck backed up to the corral.
Once he saw the trap that was laid out in front of him he simply went from full forward charge to a sideways jump. That jump put his 450 lb body over the top of the 10 foot high cable supported canvas we had strung in a great funnel through the mopane bushveld.
He glanced back at our rigs as he trotted off, no doubt disgusted by the entire farce.
The 30 plus black workers that were by now all 20 feet up various trees back along the path of his charge were equally disgusted….but very happy to be alive.
Okay, not an expert; but, have you seen how some of these people live in poor countries? Is it easy? Why are they poor? Why are many American cities becoming poorer and hell holes?
Not sure how one deals with that, nothing is perfect.
Dennis L.
You hear the same thing from multiple sources these days. Lately, I don’t know who to make attributions to most of the time — just “et al?”
I like Michael Hudson. He can be a little hard to get through sometimes, but I wasn’t thinking of him on this occasion.
blame-e.
Any chance you could break that down including price per setting?
Dennis L.
Don’t listen to me. Listen to Professor Michael Hudson.
De-Dollarization – Toward the End of U.S. Monetary Hegemony?
It’s a pandemic of new cancer centers!
https://www.coffeeandcovid.com/p/vaccine-syndrome-wednesday-november?utm_source=profile&utm_medium=reader2
But … but…there are no excess cancers….. that’s what the CDC says….
So why would they need these new cancer centres???
This one was so easy that there must be other ways to evidence the jab failures. Let’s brainstorm! Besides “new cancer center,” what else could we search for that would expose the CDC’s mendacious obfuscation? Think outside the box. Besides pharma companies and cancer centers, what other stocks would we buy if we were expecting more jab injuries?
Oh right — recall the stories about shortages of chemo drugs…
1+1=2.
I feel that winning feeling coming on …. soooooo eeeeeeeeeee…..
Excellent – they are permanently f789ed… no way to … unf789 them …
The most common PVS symptoms were exercise intolerance, excessive fatigue, numbness, brain fog, and neuropathy (misfiring nerves, like tingling and numbness in simple cases). People with this “syndrome” are also in a poor mental state, often reporting feeling anxious or depressed.
All the gaslighting from their doctors probably doesn’t help much, either.
The study’s participants each reported on average trying at least twenty different treatments, none of which worked. Astoundingly, in total, the 247 participants together tried over 200 different types of treatments — to no avail. The study’s dry, euphemistic conclusion was that people with Post-Vaccine Syndrome have “low health status,” and they suffer from a “high symptom burden:”
Conclusions: In this study, individuals who reported (Post-Vaccination Syndrome) PVS after covid-19 vaccination had low health status, high symptom burden, and high psychosocial stress despite trying many treatments. There is a need for continued investigation to understand and treat this condition.
https://www.coffeeandcovid.com/p/vaccine-syndrome-wednesday-november
It sounds like they needed to stay away from the vaccine in the first place.
I want them to take more Rat Juice… keep injecting till they get a deadly form of Long Covid…
I want them … to suffer.
YES! To suffer.
“Data from the US Bureau of Economics shows that the US economy experienced an average annual growth rate of 4.8% between 1932 and 1972, which is very high by today’s standards. The same data shows that the US economy’s average annual growth rate was 2.7% for the period 1972 to 2022.”
Used to be any growth rate lower than 2.8% and the US economy was either standing still (no growth rate at all) or going backwards.
They must have fixed that, too.
YES https://t.me/leaklive/16952 https://t.me/leaklive/16959
Young British Football player, Danielle Cubitt, dies suddenly and unexpectedly
https://euroweeklynews.com/2022/09/01/women-young-footballer-unexpected-sudden-death/
Toxic Compounds found in ALL Shots, Without exception, permanently changing the blood of the vaccinated
We have vast amounts of evidence that these shots not safe and effective, the reports are damning.
But things are changing. As this becomes more chaotic people are saying we will not comply
WATCH HERE (https://rumble.com/v1i5d0j-this-week-2022-episode-35-toxic-compounds-in-shots-microchipping-kids-remot.html)
@childcovidvaccineinjuriesuk
Young people dying of cancer at explosive rates in UK
From the article
Teenagers and young people in their 20s, 30s and 40s in the U.K. are dying from rapidly metastasizing and terminal cancers at an unprecedented rate since mass COVID-19 vaccination began, according to a new analysis by Edward Dowd.
Ed Dowd and his team looked at ICD10 codes for cause of death in the U.K. in the study period of 2010-2022 to investigate trends in malignant neoplasms (C00 to C99 codes).
They noticed a pattern in Wales and England in 2021-22, most all deaths in older people had been coded, 8% of deaths among 15- to 44-year-olds in 2021, and 30% of deaths in that age group in 2022, hadn’t yet been coded.
Dowd said the missing codes are “indicative of the problem” of excess deaths among young people.
But even with the caveat of missing codes, he said, the remaining 92% of coded deaths in 2021 and 70% of coded deaths in 2022 revealed “a strong signal of cancer deaths in the young. We show a large increase in mortality due to malignant neoplasms that started in 2021 and accelerated substantially in 2022.
“The increase in excess deaths in 2022 is highly statistically significant (extreme event),” Dowd wrote in his report. “The results indicate that from late 2021 a novel phenomenon leading to increased malignant neoplasm deaths appears to be present in individuals aged 15 to 44 in the UK.”
The study’s results in the rate of cancer deaths above the historic norm in 2022 for ages 15-44 in the U.K. included:
•A 28% rise in fatal breast cancer rates in women.
•An 80% increase in pancreatic cancer deaths among women and a 60% increase among men.
•A 55% increase among men in colon cancer deaths and a 41% increase in women.
•A 120% increase in fatal melanomas among men and a 35% increase in women.
•A 35% increase in brain cancer deaths among men and a 12% rise in women.
•A 60% increase in cancer death rates among men in cancers “without site specification” and a 55% increase among women.
https://twitter.com/KLVeritas/status/1727313456607478109
Like?
•A 55% increase among men in colon cancer deaths and a 41% increase in women.
•A 120% increase in fatal melanomas among men and a 35% increase in women.
•A 35% increase in brain cancer deaths among men and a 12% rise in women.
•A 60% increase in cancer death rates among men in cancers “without site specification” and a 55% increase among women.
#nz #mrna #informedconsent #covidvaccines #vaccineinjuries
https://twitter.com/KLVeritas/status/1727313456607478109?
CATASTROPHIC RISE IN CANCERS IN AGE 15 – 44 IN UK…
Ed Dowd and his team looked at ICD10 codes for cause of death in the U.K. in the study period of 2010-2022 to investigate trends in malignant neoplasms (C00 to C99 codes).
They found a large increase in mortality due to malignant neoplasms (Cancer) that started in 2021 and accelerated substantially in 2022.
Note the large increase in cancers did not occur in 2020, the year of covid infection but not vaccination. Cancers began to rise only in 2021 when there was both covid infection ANDs covid vaccination.
“The results indicate that from late 2021 a novel phenomenon leading to increased malignant neoplasm deaths appears to be present in individuals aged 15 to 44 in the UK.”
The study’s results in the rate of cancer deaths above the historic norm in 2022 for ages 15-44 in the U.K. included:
•A 28% rise in fatal breast cancer rates in women.
•An 80% increase in pancreatic cancer deaths among women and a 60% increase among men.
See the graph https://t.me/TheHealthForumNZch/3807
Pall of confusion over the minds of the unwary.
Fast Eddy, there you go again.
Where’s the paper? Where’s the study?
I googled it.
I visited Cancer Research UK, the UK Office for National Statistics, Macmillan Cancer Support, UK House of Commons Library and found nothing supporting the stuff you are placing here. NONE.
Do you see the problem with your credibility?
If you are going to make empirical claims, you need to have supported facts and more than one instead of placing links without evidence.
Below is an example by the UK Office for National Statistics.
https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/causesofdeath/articles/covid19vaccinationandmortalityinyoungpeopleduringthecoronaviruspandemic/2022-03-22
https://phinancetechnologies.com/HumanityProjects/UK%20Cause%20of%20death%20Project%20-%20Malignant%20Neoplasm%20Deaths%2015-44%20-%20Individual%20Causes.htm
Enjoy!!!
Thanks for the actual paper (link).
Your Link Main Point, Oversimplified.
UK Death Rate Trends for Malignant Neoplasms: Yearly adjusted deaths are trending higher.
Now, when you click on the link(s) supplied by your paper, UK Office of National Statistics (ONS), you have a problem. Here it is: Most of the deaths were COVID-19-related and not caused by the vaccine.
ONS: The number of deaths registered in the UK in the week ending November 10, 2023 (Week 45) was 13,110, which was 4.9% greater than the five-year average (615 excess deaths); of these deaths, 369 (2.8%) involved COVID-19.
369:615*100 =
(369*100):615 =
36900:615 = 60%. So, 60 percent of the deaths involved people with COVID-19.
Unless I missed something, the reference you and many others here are making contradicts the statements you are all placing and driving here, Gayle’s Our Finite World.
Do you see the problem? You are treating science as if it is a religion, folk science. It’s not because science is held to a higher standard, and, most importantly, it has a self-correcting process that evolves as new evidence emerges. Religion doesn’t.
It would help if you would correct yourself because the way you’re spreading your information is misinformation. And, if you don’t, you’ll be spreading disinformation. https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/bulletins/deathsregisteredweeklyinenglandandwalesprovisional/weekending10november2023
You are new here – Eddy is part village idiot, part entertainer, part click-baiting entrepreneur.
For example, Eddy’s linked webpage contains this document. In it, the imbeciles fit a trendline to an already noisy data set for just 2010-2019 and then said regression to the mean was an outlier. That is some Homeric statistical malpractice.
https://phinancetechnologies.com/HumanityProjects/Resources/UK%20Malignant%20Neoplasms%20-%20Cause%20-%20No%20Site_110723.pdf
So, pay him no mind. Occasionally people complain about Eddy’s deluge of comments, but Gail tolerates him and he is a bit entertaining if you don’t let yourself be aggravated.
You forgot to mention that in the pantheon of great thinkers… Fast Eddy is greater than all that came before him… it’s not even close…
All those others… would tell you that humans are brilliant — that they are brilliant…
Whereas Fast Eddy tells ya’ll the truth… that humans are the dum.best f789ing MOREONS to ever live… the only species that will self-extinct.
All hail Fast Eddy … HP1500.
All hail … The Messiah… out of 8B… HE is the only one who has been able to reveal https://www.headsupster.com/forumthread?shortId=220
How many shots have you taken? I know you are envious and bitter cuz Fast Eddy did not get played like ya’ll… you’ll get over it some day
Now bow down … and kiss the ring
Yes, yes, how could I forget?! 1500HP GENIUS!
Impossible to forget… Fast Eddy demonstrates his prowess many times each day
“Homeric Statistical Malpractice”
Wow…..LMAO…..
Gonna store that one away for future reference
DEJA VU BUT THIS TIME IT’S CHILDREN SICK IN CHINA…
Mycoplasma Pneumoniae is a BACTERIAL infection, and it appears to be sweeping through Chinese Children
What is happening here?
Is it a delayed “rebound” effect post extensive lockdowns?
Or is it a reflection of reduced host immunity due to some form of immune suppression?
If it’s the later…
Is it related to altered immune function in the weeks and months following covid vaccination?
#nz #mrna #informedconsent #covidvaccines
https://twitter.com/i/status/1727678793572065684
Or reduced immunity from being exposed to the virus? The virus was an airborne bioweapon. It was especially harmful if you were already unhealthy.
If I was one of the people who actually ran the world, and I thought human overpopulation was the most serious problem facing the world, the last thing I would try to do is ” save lives”. I would spread diseases and start wars.
But if you actually stopped population from growing the financial system would collapse… and the angry mob would skin you alive.. cuz starving
They’re already talking openly about moving away from capitalism so I’m sure they are working on a replacement for the current financial system.
They’re not really concerned with an angry mobs since people are much easier to control than in the past.
Oh? So there a system that can operate without affordable energy?
Details please
there is no ”replacement financial system”
money –in real terms–is made in only one way—by converting one energy form into another
that is how we pay wages to ourselves.
”they”—whoever ”they” are, have no alternative to capitalism.—capitalism is now our chosen lifestyle, it requires resources to be infinite, and energy tobe infinite, which they are clearly not—-yet we cannot ”move away” from capitalism
so what do we do???
we create infinite debt, and delude ourselves that it is ”infinite capital” and ”infinite energy”.
and to compound such foolishness, we vote for politicos who tel us this is the way our ”economy” works for our future—-that it will give us ”infinite growth”.
“Oh? So there a system that can operate without affordable energy?
Details please”
As long as they can live the way they do now, like that crazy guy here often says, they will push for zero ff and a post-capitalist economic system for the masses.
They will try to keep BAU for themselves and will keep most people in some kind of system of serfdom or slavery.
” there is no ”replacement financial system” ”
They will replace the current one if they want it to. Socialism was
used show it was impossible to have an alternative to international capitalism but it would have been a lot more sucessful if all the major economies were on board. Autocratic regimes where people are living hand to mouth are a lot cheaper to operate and can operate for a long time if they aren’t at war.
A generation or two they thought that growth was the answer but now they may think rationing is the answer and will use regulation to ration what is left.
F. Fail
Sit with norm and keith in the corner and wait till they come with the booster shots
Nope
i thought i was making the point that there is no ”alternative system”—obviously i missed a few pointers—my fault.–must do better!!
////They will replace the current one if they want it to. ///
hmmmm—who might ‘they” be? vague ‘theys’ are not good enough.
Maybe i did explain it—you rejected my explanation.
To repeat it:
it is only possible to create wages by changing one energy form into another.
communism, capitalism or any other ism—you wont escape that rule, unless you enter a monastery.—that’s what our elected leaders reject or do not understand.
yes we will hang on to bau as long as possible—including violently—but eventually all ”isms” run out of energy.—no one can guess how long it takes of course
if a country runs out out of energy—it runs out of wages.
whereupon it prints money as a substitute.
And you cannot pay wages for very long on borrowed money
Just doesn’t work.
when eddys got nothing to add to any discussion—the standard fallback—v.a.x or s.e.x.
tommy’s been arrested again eddy—he’s looking for someone to stand bail—are you willing to risk it?
norm’s brain fog and incurable syphilis are acting up
i do so like being right
eddy’s got nothing to say
s.e.x. gets dragged in again.—just as i said earlier.
never fails.
eddy—we are aware of your inadequacies and obsessions—but no one wants to know about your shortcomings—just too much to deal with.
have you posted bail for tommy yet?
“about how awful coal is”
This trick with coal and cheap PV can use any grade of coal and makes no pollution. In that respect it is similar to https://en.wikipedia.org/wiki/Dakota_Gasification_Company
Which converts 16,000 tons per day of lignite to pipeline quality methane.
We don’t want methane; we want diesel. It has to be converted all the way to diesel.
Extracting the poor quality coal and shipping it to some location adds to the cost.
“World coal supply has not been growing ”
It’s been shrinking. Two major coal fired generators plants have been shut down in Arizona. We don’t lack for coal.
“we want diesel”
Once you have syngas, you can make it into diesel or methane. The Dakota natural gas plant was just an example of using coal without a lot of pollution.
The plant I scale the cost off is here https://en.wikipedia.org/wiki/Oryx_GTL
“shipping it to some location adds to the cost.”
That’s why you build the synfuel plant at the coal mine. If possible near enough to a pipeline to ship the product that way.
The economics is critical.
An engineer in Australia and I have been considering this project for a coal deposit somewhat north of Coober Pedy.
great picture of your hero there eddy
bet it makes you proud to know him
https://www.inverness-courier.co.uk/news/national/tommy-robinson-charged-with-criminal-offence-after-arrest-at-antisemitism-march-94081/