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It will be an interesting year.
We know that the age of peak performance for humans varies, depending upon the activity. Peak performance for an athlete tends to come between ages 20 and 30, while peak performance for a person writing academic papers seems to come between ages 40 and 50 years. By the time people are 80 years old, they have a strong suspicion that health and other aspects of performance will deteriorate in the next 20 years.
Economies, in physics terms, are similar to human beings. Both are dissipative structures. They require energy of the appropriate kinds to keep their systems growing and operating normally. For humans, the main source of this energy is food. For an economy, it is a mixture of energy that the economy is specifically adapted to. Today’s economy requires a certain mixture of energy directly from the sun, plus energy from fossil fuels, burned biomass, and nuclear energy. Electricity is a carrier of energy from different sources. It needs to be available at the right time of day and the right time of year to allow today’s economy to continue.
Most people don’t realize that economies grow and eventually collapse. For example, we know that the Roman Empire started its growth in 625 BCE and reached its peak extent in 211 CE. It declined somewhat between 211 CE and 456 CE, when it finally collapsed after several invasions. The growth and collapse of economies is very much expected because of their nature as dissipative structures.
In 2024, the world economy is acting more and more like an 80-year-old man than like a young vigorous economy. Perhaps the economy can continue for quite a few more years, but it increasingly looks like it is in danger of falling apart, or of succumbing as a result of what might be regarded as minor problems.
Trying to predict precisely what will happen in the year 2024 is difficult, but in this post, I will examine some of the things that are going wrong in this increasingly creaky old economy.
[1] Too many parts of the world economy are changing from growth to shrinkage.
The blue circles can illustrate many different things:
- The total goods and services produced by the economy;
- The quantity of energy required to produce the total goods and service produced by the economy;
- The total population that is supported by these goods and services (which will generally be rising or falling, too);
- Goods and services per person (which tend to rise during periods of growth and fall in a shrinking economy);
- And, strangely enough, the ability of the economy to maintain complexity. Without enough energy, structures such as governments tend to fail.
As the economy moves away from growth, toward shrinkage, major changes can be expected.
[2] In a growing economy, repaying debt with interest is very easy. In a shrinking economy, repaying debt with interest becomes close to impossible.
If an economy is growing, there will likely be an increasing number of jobs available over time, and they will pay relatively more. If a person loses his/her job, it is not very difficult to get a position that will pay as much or more. Paying back a loan on a house or an automobile tends to be easy.
A corresponding situation occurs for businesses. If the business can count on an increasing number of customers, overhead becomes easier and easier to cover with a growing consumer base.
The reverse is obviously true in a shrinking economy. Jobs may be available if a person loses his/her current job, but the jobs don’t pay very well. Businesses may face periods with suddenly lower demand, as in 2020. There is a sudden need to reduce overhead, such as payments for office space, if the space is no longer being utilized by employees.
Clearly, if interest rates rise, it becomes increasingly difficult for borrowers of all kinds to repay debt with interest. Raising interest rates is thus a way to intentionally slow the economy. If the economy is growing too quickly (like a 20-year-old sprinter), then such a change makes sense. But if the economy is behaving like an 80-year-old, hobbling along on a walking stick, it becomes likely the economy will figuratively fall and become severely injured. This is the danger of raising interest rates when the world economy is having difficulty growing at an adequate rate.
[3] The physics of the system dictates that as the system shifts in the direction of shrinkage, the wealth of the system is increasingly distributed toward the rich and very powerful, and away from those of modest means.
Physicist Francois Roddier writes about this issue in his book, The Thermodynamics of Evolution. He likens energy (and the goods and services produced using this energy) as being like energy applied to water. When energy levels are low, the less wealthy members of the economy tend to be squeezed out, just as (low energy) frozen water turns to ice. The reduced amount of energy available (and goods and services produced using this energy) increasingly bubbles up to the small number of economic participants at the top of the economic hierarchy. This issue tends to make the already rich even richer.
In some sense, the self-organizing economy seems to preserve as much of the economy as it can, when energy supplies are inadequate. The wealthy seem to be important for keeping the whole system operating, so the physics tends to favor them.
Inflation, in general, is a problem, especially for people with limited income. Higher interest rates also take a big “bite” out of spendable income. This problem is greatest for low income people. The benefit of higher interest rates, and of capital gains, tends to go to high income people.
High food prices especially affect the poor because, even in good times, food tends to be a high share of their income. For example, in a poor country, if food costs amount to 50% of a person’s income when food prices are moderate, a 20% increase in food prices will lead to food prices costing 60% of income. Such a situation quickly becomes intolerable because there is not enough income left for other essential goods.
The figure above shows that between 1990 and 2022, the share of total wealth held by the top 1% of US citizens rose from 23% to 32%. This means that other citizens were increasingly squeezed out of the benefits of the growing economy.
[4] With their newfound power (arising from the growing concentration of wealth), the wealthy are tempted to exert increasing control over the economic system.
The fact that the world economy was likely to reach annual limits of fossil fuel extraction about now has been known for a very long time. I have referred to a 1957 speech by US Navy Admiral Hyman Rickover pointing out this bottleneck many times. Wealthy individuals have known about this bottleneck for a very long time. They have been asking themselves, “How can we increasingly benefit from this change?”
Clearly, reducing the population growth rate has been one of the goals of some of these wealthy individuals. With fewer people to share the resources available, everyone will benefit.
But the wealthy can also see that hiding the energy bottleneck would be of huge benefit in keeping the current system operating as usual. These individuals, through the World Economic Forum and other organizations, have pushed for zero global warming emissions. They have tried to reframe the problem of inadequate inexpensive-to-produce fossil fuels as a problem of too large a quantity of fossil fuels for the system to handle. In their view, we can decide to transition away from fossil fuels without significantly adverse impacts.
By hiding the energy bottleneck, companies selling vehicles can claim they will be useful for many years. Educational systems can claim that we are well on our way to finding substitutes for fossil fuels, and that there will be good jobs available in the new systems. With the bottleneck problem hidden, politicians do not have to present citizens with a very concerning and intractable issue. Since a happily-ever-after narrative is desired by all, it is easy for the wealthy (and politicians who want to be reelected) to influence the major news outlets to present only this view to readers.
[5] Major cracks in the economy are likely to start showing soon. The energy bottleneck is already pulling the economy down, even if major news media are reluctant to discuss the problem.
The problem displays itself in several different ways:
(a) The economy has moved toward two widely differing views regarding today’s energy situation.
The narrative presented in the press is that we have an excessive amount of fossil fuels. In this view, any shortage of fossil fuels (or any other resource) would be quickly accompanied by rising prices. These rising prices would allow an increasing quantity of these materials to be extracted, quickly solving the problem. But the real story, for anyone who examines the details, is quite different. Affordability becomes very important, holding prices down. History shows that nearly every civilization has collapsed. Populations tend to grow but the resources supporting the economies don’t grow quickly enough. Rising prices don’t fix the problem!
People who work with fossil fuels know how essential they are for our current civilization. The story about intermittent wind and solar substituting for fossil fuels sounds very far-fetched if a person thinks about the need for heat in the winter and the difficulties associated with long-term storage of electricity. The two widely differing narratives surrounding our energy future sound like they could have come from the dystopian novel Nineteen Eighty-Four by George Orwell.
(b) Repaying debt with interest gets to be an increasing problem.
Strange as it may seem, added debt can temporarily act as a placeholder for additional energy. Debt is a promise for goods and services that will be made with future energy. This placeholder can allow capital goods, such as factories, to be made which allow more goods and services to be made in the future. This placeholder can also be used as the basis for money to pay workers, so that they can afford to purchase more goods.
At some point, the debt becomes too much for the system to sustain. We are seeing some of this in China, where there have been debt defaults in the real estate market. In the US, the commercial real estate market is experiencing high vacancy rates. There is increasing concern that, in many places, commercial real estate can only be sold at a huge loss. In this situation, the holders of debt are likely to sustain massive losses.
(c) Political parties start differing widely on whether to increase government debt.
The more conservative parties do not want to keep adding more debt, but the more liberal parties insist that there is no other way out: If there isn’t enough energy of the right kind, the added debt can perhaps be used to fund projects in the renewable energy sector that will create the illusion of progress toward an adequate supply of energy of the right kind at the right price. The added debt can also be used to continue the many social programs promised to citizens and to provide support for activities such as the war in Ukraine.
So far, adding debt has worked for the US because the US dollar is the world’s reserve currency and because the US has tended to keep its target interest rates high, encouraging other countries to invest in US securities. If other countries try to add substantially more debt, their currencies will tend to fall, leading to inflation.
The US may soon also run into an inflation problem because of added debt. This happens because it is possible to “print money,” but it is not possible to print goods and services made with inexpensive energy products. For example, the temptation is to bail out failing banks and pension plans with added debt. To the extent that this debt gets back into the money supply, but there aren’t added goods to match, the result is likely to be inflation in the prices of the goods and services that are available.
(d) Broken supply lines are another sign of an economy reaching limits.
When there aren’t quite enough goods and services to go around, some would-be buyers of goods have to be left out.
In the last three years, all of us have experienced at least some problems with empty shelves in stores and the unavailability of needed parts for repairs. Many kinds of drugs are in short supply around the world. Heavy industry has been encountering problems, as well. In 2022, Upstream Online wrote, “Drill pipe shortages causing headaches for US producers [of oil and natural gas].”
If we are reaching the limit of inexpensive fossil fuel available for extraction, an increasing number of these problems can be expected. These supply line problems tend to raise costs in a different way than “regular” inflation. Often, a more expensive product must be substituted, or a higher cost workaround is needed. For example, a person may need to use a rental vehicle while his current vehicle is being repaired because of unavailable replacement parts.
(e) Conflicts arise when there are not enough goods and services to go around.
Part of the conflict comes from wage and wealth disparity. For example, an increasing number of people are finding reasonably-priced housing impossible to find. The combination of high interest rates and high housing prices tends to make home-buying a luxury, available only to the rich. An increasing share of young people are also finding automobiles too expensive to afford. One way “not-enough-goods-and-services-to-go-around” manifests itself is by many people not being able to afford the products in question.
There is often a belief that a more equitable distribution of income would solve the problem. But, if the economy cannot build more cars or homes because of energy shortages, this doesn’t fix the problem. Providing more money to the poor would instead cause inflation in the price of the goods that are available.
Another way this conflict manifests itself is in conflicts among countries. Countries selling fossil fuels, such as Russia, would like higher fossil fuel prices, so that the standards of living of their own people can be higher. However, if fossil-fuel-importing countries, such as those in Europe, are forced to pay higher prices for the fossil fuel they use, it becomes difficult for companies in these countries to manufacture goods profitably. Also, the higher fossil fuel prices make the cost of growing food higher. Customers often cannot afford higher food prices.
In the case of the fight between Israel and Gaza, at least part of the conflict relates to the natural gas field that Israel is developing, but which arguably belongs to Gaza. If Israel can develop this resource, it may be able to keep its own economy expanding for a while longer. The people of Gaza will remain very poor.
(f) Manufacturing around the world seems to be reducing in quantity. It definitely is not rising to keep up with population growth.
The big shortfall today is in goods, rather than in services. This is what a person would expect if an energy problem is giving rise to the problems we are currently experiencing.
The organization S&P Global Market Intelligence puts out an index called the Purchasing Managers Index, for 15 countries, including a global average. The manufacturing portion of this index is in contraction on a worldwide basis, as of the latest data available. The extent of this manufacturing contraction is especially significant for the US, the European countries included, for Japan, and for Australia. The countries that are not in contraction are India, Russia, and China.
If manufacturing is in contraction, we would expect more broken supply lines in the months and years ahead.
[6] How will all this turn out, in 2024 and long term?
I don’t think we know. Things are likely to get worse economically, but we don’t know how much worse. We know that an elderly person can easily succumb to some illness. In the same way, we know that if the economy has enough weak points, a major collapse might occur, even without a huge decline in energy availability.
At the same time, the economy seems to have a lot of resilience. Leaders of the US, and perhaps of other countries, as well, seem likely to take the route of adding increasing amounts of debt, to bail themselves out of whatever problems arise. If banks get into trouble, some new funding facility will be developed. If Social Security or private pensions need more funding, it will likely be provided by more government debt. This leads me to suspect that in the US, at least, there is likely to be a higher risk of hyperinflation (lots of money but very little to buy) rather than deflation (very little money, but also very little to buy).
The Universe came into being, apparently out of nothing. The Universe has grown and continues to grow. Eric Chaisson, in his 2001 book, Cosmic Evolution: The Rise of Complexity in Nature, shows that the trend in the Universe has been toward ever greater complexity.
Together, it appears that the Universe, itself, acts like a dissipative structure. Self-organization leads the Universe to grow and become more complex, as long as it has adequate energy. The question becomes, “Where is the expanding energy supply for the Universe as a whole coming from? Can the expanding energy supply continue indefinitely, or until whatever force started it, chooses to stop it?”
It seems to me that there is something from outside pushing the whole Universe along. Economists talk about “an invisible hand.” People from a religious background might say that there is a God who created the Universe, and is continuing to create it every day, through involvement in the things that take place on Earth, including the strange happenings in 2020.
If I am correct that there is an outside force influencing the economy today, perhaps Earth’s problems are temporary. One possibility is that eventually a new type of energy solution will be found. There is also the possibility that, at some point, whatever force started the Universe may cause the operation of the Universe to cease. A replacement (which we can think of as heaven) might be provided instead.
The popular narrative tends to see ourselves as having a great deal of power to manage problems with our current economy, but I don’t think that we have very much power to influence the system we find ourselves embedded in. The economic system behaves on its own, based on market forces, just a child grows up, matures, and eventually dies. The system within which we live is very much guided by what we call self-organization, which is outside our power to control.
https://www.zerohedge.com/news/2024-01-17/what-if-there-really-no-spoon
what if everything we know is wrong?
but how would we know?
if this is a simulation, who is simulating our simulators?
I always write false statements!
who’s on first?
How did life come out of nothing…
Maybe we will find out when UEP kills us? The big reveal???
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good guy bad guy routine https://t.me/downtherabbitholewegofolks/91232
Suckers be played
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The Electric-Vehicle Cheating Scandal
A government rule makes them look nearly seven times as efficient as they are.
https://archive.ph/oiJAK#selection-4307.0-4311.78
seems like nothing is real
Funny how everyone believes everything they see on cnnbbc believes it’s real… cuz it’s on bbccnn…. even after a revelation like the EV one above (assuming that is real…)… where they know they’ve been played… they still trust bbccnn…
I don’t get it.
I suppose trust fends off insanity
Funny how F.E . believes that Laser reflectors magically appeared on the moon!
Time, date and mission number!
Otherwise B/S!
“In 1970 the Soviet Union put a laser reflector on the moon, carried by a rover. A few months later, it disappeared. Some speculated that the rover had fallen into a crater or parked in such a way as to render the reflector inaccessible. Now, after 40 years on the lunar surface, the reflector has been found.” They didn’t need men on the moon to do that.
OK.
Time, date and US mission number!
Otherwise B/S!
Spend some time in Canada……a more fantasy prone and utterly clueless country there has never been.
Canadians are like flies to the flame. Open and obvious danger and they run into it exclaiming how wonderful the heat is as they explode into flame.
Maybe they just know, deep down there that they are unworthy of existence in this realm.
NZ – the land of id iots https://www.odt.co.nz/news/national/simon-bridges-hospital-after-e-scooter-crash
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https://www.zerohedge.com/economics/2024-too-many-things-going-wrong
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Just a taste….
Boston, MA – Callum Tomas DiCenso had just turned 20 when he suffered a cardiac arrest while walking his dogs, Piper and Kevin, on Sunday, Dec. 31. He was excited to see his friends and classmates at the University of Vermont, where he was a sophomore in the Honors College, his obituary read. DiCenso was raised in Pembroke, but he moved with his mom to the St. Brendan’s area of Dorchester in Boston about a year ago. He was an active cyclocross rider and enjoyed the classics at Boston College High School, where he graduated in 2022.
Michael Stein, 32, a professional dancer who toured with Britney Spears, has died. Stein’s death was announced by his partner Kaylie Lee on Wednesday, which would have been Stein’s 33rd birthday. “I’m not sure I could ever find the perfect words to summarise what Michael meant to me,” Lee wrote on Instagram. “As tears roll down my face, all I can think about is the incredibly huge hole that is left in all of us knowing that he is no longer here.” Lee revealed Stein died on Dec. 23, 2023. She did not disclose a cause of death.
Boston, MA – Brazilian-born influencer and newlywed Mila De Jesus, who shot to fame after undergoing a major weight loss transformation, has died of suspected cardiac arrest. She was 35. The Instagram star, who was born in Brazil but lived in Boston, died on Friday, four months after tying the knot with her husband, George Kowszik, Jam Press reported. Just months prior, De Jesus announced that she’d been suffering from psoriasis — a skin disease that causes a rash with itchy, scaly patches — since July. “It’s been three months dealing with this situation, 80 per cent of my body is affected,” De Jesus wrote in an October Instagram post to her nearly 60,000 followers. “Juggling doctors, medications, ointments, and taking a deep breath.”
https://markcrispinmiller.substack.com/p/in-memory-of-those-who-died-suddenly-d44
When serious cracks begin to appear in what you believe to be reality … and you start to suspect that pretty much everything is fake…
Does it make you go a little bit insane?
Be strong.
It helps to understand that you are surrounded by MOREONS…. let them live in their false world … as we can see on OFW … it is almost impossible to explain to them that what they believe is fake…
e.g.
https://i.pinimg.com/736x/2b/07/e6/2b07e6acd2c53c3a5f8a911121015059–apollo–space-pics.jpg
Gail, thanks for all the work done. I know it can be tiring. Appreciate it.
You are welcome.
They may have run out of the money Fauci gave them for gain in function research. If this is true, it’s nice that we paid for our own demise. It’s certain that the covid 19, it’s variants, and the vaccine aren’t killing us off fast enough for the WEF plans.
this new virus involving the 100% death rate for the mice will be next forced vaccine for the world for the next pandemic the elders have decided look up pandemic treaty it comes into effect may 2024 .
An American Bilderberger expressed concern over the sky-rocketing price of oil. One oil industry insider at the meeting remarked that growth is not possible without energy and that according to all indicators, world’s energy supply is coming to an end much faster than the world leaders have anticipated. According to sources, Bilderbergers estimate the extractable world’s oil supply to be at a maximum of 35 years under current economic development and population. However, one of the representatives of an oil cartel remarked that we must factor into the equation, both the population explosion and economic growth and demand for oil in China and India. Under the revised conditions, there is apparently only enough oil to last for 20 years. No oil spells the end of the world’s financial system. So much has already been acknowledged by The Wall Street Journal and the Financial Times, two periodicals who are regularly present at the annual Bilderberg conference.
Conclusion: Expect a severe downturn in the world’s economy over the next two years as Bilderbergers try to safeguard the remaining oil supply by taking money out of people’s hands. In a recession or, at worst, a depression, the population will be forced to dramatically cut down their spending habits, thus ensuring a longer supply of oil to the world’s rich as they try to figure out what to do.
During the afternoon cocktail, European Bilderberger noted that there is no plausible alternative to hydrocarbon energy. One American insider stated that currently the world uses between four and six barrels of oil for every new barrel it finds and that the prospects for a short term break through are slim, at best.
Someone asked for an estimate to the world´s accessible conventional oil supply. The amount was quoted at approximately one trillion barrels. As a side note of interest, the planet consumes a billion barrels of oil every 11.5 days.
Another Bilderberger asked about hydrogen alternative to the oil supply. The US government official agreed gloomily that hydrogen salvation to the world´s eminent energy crisis is a fantasy.
This confirms public statement made in 2003 by HIS, the world´s most respected consulting firm cataloguing oil reserved and discoveries that for the first time since the 1920s there was not a single discovery of an oil field in excess of 500 million barrels.
The oil industry at the 2005 Bilderberg conference was represented by John Browne, BP´s Chief Executive Officer, John Kerr, Director Royal Dutch Shell, Peter D. Sutherland, BP Chairman and Jeroen van der Veer, Chairman Committee of Managing Directors Royal Dutch Shell.
The fact that they mention 35 years is an indication that this was leaked for the purpose of removing oil anxiety — 35 years is a long time … we’ll be transitioned to renewables/EV long before then
They don’t leak at this level … unless it’s orchestrated. Never
Anyone know lawyers? I have half a dozen friends who are senior lawyers… they do NOT leak. Anything. Even to me
Infiltrating Bilderberg 2005
“Murio la Verdad”
By Daniel Estulin, Counterpunch.org, May 27, 2005 (Re-posted with permission of the author)
The annual secret meeting of the Bilderberg group determines many of the headlines and news developments you will read about in the coming months. But the Establishment media completely black it out. With the exception of half-a-dozen high ranking members of the press who are sworn to secrecy, few have ever heard of the exclusive and secretive group called The Bilderbergers.
Mainstream news organizations boastful about their no-holds barred investigative exploits, have been strangely reluctant to lift the blackout curtain hiding a major event: the Bilderberg group’s secret annual meeting for the world’s most powerful financiers, industrialists, and political figures.
2005 was a bad year for Bilderberg and its future looks gloomy. Herculean efforts to keep their meetings secret in Rottach-Egern failed miserably. Bilderberg’s grief is free world´s glory-and hope for further restraining the power grabbers in the dawn of a new millennium.
One certainty is that although Bilderberg Group has lost some of its past luster, it is meeting under its usual secrecy that makes freemasonry look like a playgroup. Staff at the hotel are photographed and put through special clearance. From porters to senior managers, the employees are warned (under the threat of never working in the country again) about the consequences of revealing any details of the guests to the press.
International and national media are said to be welcome only when an oath of silence has been taken, news editors are held responsible if any of their journalists ‘inadvertently’ report on what takes place.
While Bush, Blair, Chirac, Berlusconi and Company attended the G8 summits of the world’s foremost democratically elected leaders, they were accompanied by the massed ranks of the world media. In stark contrast, the comings and goings at Bilderberg take place under cover of a virtual publicity black-out.
The discussions they will engage in this year from deciding how the world should deal with European-American relations, the Middle East powder keg, the Iraq war, the global economy and how to stave off war in Iran, and the consensus they reach, will influence the course of Western civilization and the future of the entire planet. This meeting takes place behind closed doors in total secrecy, protected by a phalanx of armed guards.
Eddy, that passage refers to the meeting in 2005. 35 years from then is 2040, much closer, and yes the date has moved up from even then.
However, one of the representatives of an oil cartel remarked that we must factor into the equation, both the population explosion and economic growth and demand for oil in China and India. Under the revised conditions, there is apparently only enough oil to last for 20 years.
I am sure everything will be fine should UEP fail https://t.me/leaklive/17729
Seizure meds for that vax injury? https://t.me/leaklive/17723
Story is “High school student in St. Louis, Missouri viciously attacks 65yo teacher for allegedly refusing to allow her to take seizure meds and winds up hospitalized. Criminal charges will be sought.”
Most teachers/indoctrinators deserve a good beating.
Agree __
Disagree __
Remember the American Andrew D. Basiago? He told us about how he was involved with time travel in the 1970s via the top secret Project Pegasus. The men behind this project invented “Chronovision”, which allowed them to view and film important events from the past. They scavenged old papers of Nikola Tesla to find out how to do it.
Basiago claims in this video to be a lapsed Catholic, though now Buddhist. Go to the 1:05.20 mark in this video to hear about how Basiago was shown film (gained via Chronovision) of the crucifixion of Christ and also of his resurrection.
Project Pegasus and the Advent of Time Travel
https://www.youtube.com/watch?v=mlGp6R3uExc
================================
Incidentally, Basiago also mentions the moon landing as fact, so Fast Eddy won’t like him for sure. But clearly this Mr Basiago is well in with the Deep State to have seen film of the crucifixion, so you’d have to take his word over Fast Eddy’s.
Our resident OFW commenter Dennis L is another Catholic who places great faith in science and technology. I’m therefore mighty suspicious that Dennis knows something about Chronovision and has possibly even done a bit of time travel himself but isn’t owning up about it. Disgraceful if true. Come on, Dennis – fess up!
I am of course very suspicious of Mr. Basiago’s claims regarding time travel. Americans typically claim to have invented everything and even have sayings such as “It’s American as apple pie!”, as though they had invented the recipe.
It is of course we English who created most of the world’s useful inventions, and that includes time travel, as acknowledged by this English Heritage plaque:
https://i.pinimg.com/564x/d3/a1/49/d3a14908173636cd55324c9151bcb0f2.jpg
I just got back from my vacation to 2040.
I saw plenty of FF powered bAU in The Core.
😎
Welcome back! Did you happen to research who won the professional sports championships in the 2024-2040 timeframe?
If so, DM me and we can split the winnings. I would like to become the #1 strategic philanthropist and enshrine “psychowoketard” as the “word of the millennia” to be announced at beginning of the “Luckiest People in the World” category at the 1st Annual Technocrats Awards.
We can hire one of the WEF’ers from Surplus Energy to be the “Head Coincidist in Charge” and official spokesperson for BAU Lite in the Core.
oops forgot about sports info.
“… enshrine “psychowoketard” as the “word of the millennia” to be announced at beginning of the “Luckiest People in the World” category at the 1st Annual Technocrats Awards.”
oh yes!
this does happen in 2040!
Tehran, Moscow or Palestine?
Anyone know why POOTY doesn’t reduce the gas supply to the EU and force them to stop arming the UKEYS?
Asking for FE
Because Americans and others will make any efforts to provide anyway gas to EU and Russia will still have the West against itself, but without the advantage to gain money which comes from selling its gas.
Actually it seems to me that the situation is not bad for Russia, pipelines Russia-Europe are closes and the gas that Russia is selling is coming liquified with ships from intermediaries.
Therefore EU is paying a higher price for that.
EU Countries… https://media.giphy.com/media/nJPkKr231dvKo/giphy.gif
Gas is already twice the price of the pre-fake war year…
Apply common sense because I am not going to explain what will happen if POOTY throttles back
“Anyone know why POOTY doesn’t reduce the gas supply to the EU and force them to stop arming the UKEYS?”
yes as a matter of fact, I do know why.
Fresh insanity https://t.me/downtherabbitholewegofolks/91222
WEF is trying to become also a sort of Saturday Night Show.
…’we cannot just kill them, we need to provide some entertainment too’…
The overloads have some serious sarcasm going.
They’re hilarious.
Coming is disease X (formerly known as flu) and, oh boy, (Elon will be beaming down the killer ray) and we’ll all need to mask up and get the new jab.
https://childrenshealthdefense.org/defender/wef-davos-future-pandemic-disease-x/?utm_source=luminate&utm_medium=email&utm_campaign=defender&utm_id=20240117
Headline is
‘Trustees of the Future’? WEF Members Meet in Davos to Warn of Looming ‘Disease X’ Disaster
World Economic Forum panelists today discussed future pandemic prevention measures, the need for a “pandemic agreement” and the future role of artificial intelligence in healthcare.
A final few days of getting together to bang who-ers … drink fine wine… snort high grade blow… maybe shed a few tears knowing this is their final debauch…
Hop back on the private jets and wait for the Elders to give the order to release The Pathogen
I agree. It has been good theater. Now reality.
They want the MOREONS to believe this is not our final act — rather it’s about great resets and control… the MOREONS don’t like that but it’s much better than extinction … the MOREONS believe they can fight back and achieve a Hollywood ending. That’s what Substack is for… fighting Darth Vader.
Strange!
How about tomorrow Jim makes an appearance as does this
https://youtu.be/PTnD40xvSeM?t=27
The WEF knows they have bad press in the global south. The WEF think voodoo witch doctors is what the south is about.
https://t.me/EdwardDowdReal/562
https://t.me/EdwardDowdReal/565
John Kerry Snaps on Reporter After Being Confronted on His Climate Hypocrisy
https://vigilantnews.com/post/john-kerry-snaps-on-reporter-after-being-confronted-on-his-climate-hypocrisy/
Orchestrated… as if this would be allowed
First Link –
Insiders Sales (or shares of stock) are at record levels, the first week in January. Perhaps they know something.
Second link-
“The Federal Reserve has whipsawed the global economy. Inflation was phase one. Deflation phase 2. This chart of M2 y/y growth is all you really need to know. Death throes of a long in the tooth system. This could take years but it has begun.”
Chart shoes M2 Money supply first sharply up, now sharply down.
I’m guessing FE inspired Sage (who ever that is) to look into PO.
Reinforcing BAU & convincing these readers.
Why this geoscientist doesn’t take into account the insatiable appetite of 8B people and that it continues to get harder to produce oil is disingenuous. Still interesting read.
https://sagehana.substack.com/p/peak-oil-or-how-i-learned-to-stop
I recall being very unimpressed by the so-called biomarkers in petroleum that supposedly pointed to it’s thermogenic origins. Yet, these “markers” were quite weak! If the oil/gas had been ALL biologically derived, why weren’t these signals stronger? Well, now that answer is clearer – it’s most likely a mixing of both, or all, types.
I left that SS after that article… I refuse to cast my pearls amongst swine…
SCHAD https://www.kltv.com/2023/10/24/9th-grade-student-died-after-medical-emergency-school-officials-say/
Worked for a California based sports team….definitely vaxxed and boosted.
Warriors assistant coach Dejan Milojevic dies at 46 after suffering heart attack in Utah
https://www.cbssports.com/nba/news/warriors-assistant-coach-dejan-milojevic-dies-at-46-after-suffering-heart-attack-in-utah/
Golden State Warriors assistant coach Dejan Milojevic died Wednesday after suffering a medical emergency in Salt Lake City, Utah on Tuesday night, the team announced. He was 46 years old. Milojevic was hospitalized after suffering the emergency at a restaurant during a team dinner. The NBA has postponed Wednesday night’s originally scheduled game between the Warriors and Jazz.
EIA has data posted of “World Production — Crude oil including lease condensate (Mb/d)”, of 81.538 for last September – this is up from their figure of 80.611, for last August, which was their lowest since last February (82.539), which was their lowest since April, 2020 (82.593) – their figure for “world peak oil” is 84.580 in November, 2018.
The increase for September coincides with a spike in world oil prices in last late September. http://oil-price.net/
EIA revises these world oil-production figures for years after they post them; but, they usually don’t change much, relative to each other.
If crude-oil prices aren’t high enough to cover the cost-plus-profit of extracting crude oil & getting it to buyers, isn’t oil-production apt to stagnate/decline, as depletion increases the costs for the oil suppliers? Will refiners pay more for oil than they hope to profitably recover from the products they make from it?
If last February was post-covid peak oil, what lies ahead? https://davecoop.net/seneca
https://www.eia.gov/international/data/world/petroleum-and-other-liquids/monthly-petroleum-and-other-liquids-production?pd=5&p=0000000000000000000000000000000000vg&u=0&f=M&v=mapbubble&a=-&i=none&vo=value&&t=C&g=00000000000000000000000000000000000000000000000001&l=249-ruvvvvvfvtvnvv1vrvvvvfvvvvvvfvvvou20evvvvvvvvvvnvvvs0008&s=94694400000&e=1693526400000
Correction: last February was their HIGHEST since April, 2020.
https://davecoop.net/senecagraph.gif
“If last February was post-covid peak oil, what lies ahead?”
a few more beautiful years of bAU in The Core.
isn’t it obvious?
😎
Because of the sanctioned Russian oil, Slovnaft refinery on Slovakia started to use also the US oil.
https://hnonline.sk/finweb/ekonomika/96126215-slovensko-by-mohlo-coskoro-patrit-ku-krajinam-so-stvordnovym-pracovnym-tyzdnom-povedal-fico
More https://drpanda.substack.com/p/chinese-lab-creates-mutant-covid
If a source of truth and information as credible as the New York Post swears that the Chinese created a “killer mutant virus” in a lab, how can we not believe it?
LOL FE you are completely lost in that world of fantastic biology.
How come you don’t see that virology and allopatic medicine is pure propaganda? Have you ever wondered why the Hollywood disinformation machine regularly promotes the meme of contagious diseases and apocalyptic viruses? 12 Monkeys, Contagion… doesn’t ring a bell?
Nah, viruses are just the neccessary camouflages for other lethal agents, such as EMR, vaccines or the chemical pollution we eat and breathe every day.
We will have disease X, no doubt, since fear (terror) besides being it self a cause of disease, is a perfect instrument for herd management. But obviously disease X will not be caused by viruses, whether “natural” or “man-made”, since virus are nothing more than a science fiction scam and a useful scapegoat.
This is not actually true…
Pathogen X was created years ago – along with the Rat Juice…
This article is just conditioning the MOREONS building fear… so that when they release The Pathogen … the MOREONS will already be in a state of high anxiety
And what’s that pathogen X? Excluding the absurd viral hypothesis, there are only two possibilities left, a poison or a toxin. since that is all that can come out of a so-called bio-lab.
My bet though would be on a combo of EMR and chemical pollution, dutifuly labeled as a terrible contagious disease.
We’ll see.
Nah… you cannot poison billions … read up on
https://www.pbs.org/newshour/science/tthis-chicken-vaccine-makes-virus-dangerous
“And what’s that pathogen X?”
It’s a faith based system.
They write a story, make sure everyone hears it and build an industry around it. Then the high priests come out with warnings of doom. A little later, they announce the devil walks amongst us and then rebrand any problems as the obvious doings of said devil. Anyone that questions is instantly accused of being possessed and the believers are encouraged to denounce the heretics. Then it’s a simple job of ratcheting up the fear, before offering salvation through holy communion(now injected, to get you closer to god quicker. How thoughtful).
Tried and tested for millennia.
“My bet though would be on a combo of EMR and chemical pollution”
A safe bet, if you can find an honest bookie.
You know what to do https://patriciadawnrobertson.com/contact-us/
So much for the rate cuts… CBs are trapped.
How long before it all goes BOOM?
Release the Pathogen. Release it now.
https://wolfstreet.com/2024/01/16/inflation-in-canada-refuses-to-cooperate-with-rate-cut-bets/
Inflation in Canada Refuses to Cooperate with Rate-Cut Bets
Just how tough it is to get inflation down after the easy battles have been temporarily won is now being demonstrated in all kinds of places, including in Canada according to the CPI data released today, and including in the US, where services inflation is in no mood to go away. Services is where the majority of consumer spending goes. It’s the biggie.
Rate cuts? Today’s data brought particularly bad news after months of hype and hoopla about rate cuts by the Bank of Canada: The BoC’s two preferred measures of core inflation: “CPI trim” and “CPI median” both re-accelerated sharply month-to-month as well as year-over-year, which was very unexpected. This is precisely the kind of surprise that the BoC had been cautious about and has warned about.
Bank of Canada’s preferred measures of underlying inflation accelerate.
CPI trim jumped month-to-month by 0.39%, the hottest since August, and third month in a row of acceleration (up from 0.20% in September). This amounts to 4.8% annualized, which pushed the annualized three-month moving average (3MMA) to 3.8% (blue). Year-over-year, it accelerated to 3.66% (red).
OMG the hooties are so bad ass!!!!
https://www.zerohedge.com/markets/red-sea-conflict-getting-worse-not-better-forcing-more-ship-detours-around-africa
But oil isn’t generally making the long trip.
Where are the queues at the petrol stations?
Continued turmoil in the office market is causing concern as the third week of the new year nears.
Sources close with Bloomberg said a $308 million mortgage on a Manhattan office tower owned by Blackstone is being marketed at $150 million, or about a 50% haircut. This is the second attempt to sell the tower by the private equity giant, who defaulted on the debt.
Midland Loan Services, the special servicer, hired brokerage Jones Lang LaSalle Inc. to sell the tower at 1740 Broadway. The debt is packaged into a commercial mortgage-backed and marked at a 50% discount.
https://www.zerohedge.com/markets/firesale-blackstones-defaulted-manhattan-office-tower-loan-markets-50-discount
50% off is the ASKING price….
Release the f789ing pathogen… what does it matter if it might be a few months early… Just Do It
I will force feed ya’ll
1. https://rumble.com/v442x3z-damon-imani-best-moments-2023.html
2. https://twitter.com/damonimani/status/1747388354587463766
3. https://live2fightanotherday.substack.com/p/we-told-ya-so-wef-predicts-new-disease
Everything is fake.
Get it?
The Hooties have not shut down the f789ing canal. Use your f789ing brains – stop being MORE-ONS. Ya think the powers of the world would allow these f789ing clowns to threaten BAU????
https://media.breitbart.com/media/2021/02/Houthis-fists-raised-getty-640×335.jpg
C’mon man….
Oh and do you really think Biden is so completely f789ed that he’d shake hands with ghosts… how is it that most of the time he is fine but then has these episodes – on camera… where he is in another world
Ya’ll are being played… you are suckers… You are letting cnnbbc tell you what to think
Bahhhhhhh… Bahhhhhh https://www.tiktok.com/@tiktokrachelreenstra/video/7052092917552516398
This story about the hooties is 100% fake, I agree. The name of this game is to reduce demand and increase geopolitical instability. We live in a time of manufactured crises (terro.rism, convid, Ukraine, climatecheese…) because the managers understand there’s no other way to politically manage degrowth.
Cull the herd and tighten control, that’s the plan. And the plan is going smoothly, and will continue as long as people believe the propaganda about contagious diseases, nuclear attacks and climate cheese.
Video: “Shot Dead”. The Movie They Don’t Want You to See. “Covid Shot Deaths Told by Parents who Lost their Children
https://www.globalresearch.ca/video-shot-dead-the-movie/5846259
direct link: –> https://rumble.com/v3v0q2m-shot-dead-the-movie.html
“CDC Drafted Alert For Myocarditis And COVID-19 Vaccines, But Never Sent It”
https://www.zerohedge.com/covid-19/cdc-drafted-alert-myocarditis-and-covid-19-vaccines-never-sent-it
Shot Dead… hmmm… these are the parents who brought their kids to the Walmart parking lot — to get a shot of Rat Juice that was developed (supposedly) in a few months therefore they had no idea what the long term impacts would be…
I am thinking … we need another video — one where the parents of these kids does the right thing… and commits seppuku … on camera
These are the same people – who if you pointed out the Rat Juice was not tested — told you to f789 off and hoped you’d die.
F789 them. Burn in Hell
Except the first story, the parents were opposed to getting the vax but the daughter just wanted to fit in with her friends. So she did it behind their backs. In her journal, that’s when they found out she got vaxed.
Last line of this article is
“The CDC later sent alert multiple alerts encouraging COVID-19 vaccination. None mentioned myocarditis.”
Oh wow… now here is some excellent crisis acting .. as if this would happen https://twitter.com/i/status/1747388354587463766
Check out more on this https://live2fightanotherday.substack.com/p/we-told-ya-so-wef-predicts-new-disease/comments
Everything is Fake. Everything.
This is parody, but damn would it be incredible if this actually happened.
FAke or ‘magic’?
Sooo Eeeeeee
Have you ever realized just how crappy the Apollo landing module looked?
Wow. So, I stumbled onto a moon hoax site (because of an unhealthy fascination with idiots) and one of them posted these links to NASA’s website as evidence that we didn’t go to the moon.
Obviously that’s pretty idiotic. They’re great pictures of one of the landing modules though…. it is pretty amazing how cobbled together it looks, but it’s more a testament to the bravery of the Apollo astronauts!
Anyway, I’ve never seen detailed pictures like this, and figured that this sort of find belongs in r/space.
http://history.nasa.gov/alsj/a11/a11pan5914-6.jpg
http://history.nasa.gov/alsj/a11/AS11-40-5893.jpg
http://history.nasa.gov/alsj/a11/AS11-40-5917.jpg
http://history.nasa.gov/alsj/a11/AS11-40-5919.jpg
http://history.nasa.gov/alsj/a11/AS11-40-5864.jpg
F.E . believes that Laser reflectors magically appeared on the moon!
Time, date and mission number!
Otherwise B/S!
I don’t see David of a million names back here either so I will just repeat what I wrote at Substack, and then some
https://ourfiniteworld.com/2023/12/15/ten-things-that-change-without-fossil-fuels/comment-page-13/#comment-449687
Betty would have married a boring guy with a steady job, leaving people like Jimmy behind.
There is a reason the ancient phoenicians gave their firstborns to their gods for a burnt offering. Sex was quite casual over there and often the firstborns were not the father’s child. So it was an efficient way to get rid of someone from a different line inheriting the property.
My addition:
A lot of intelligent women marry men with the charm of a turnip.
However, they might judge that someone who is dull, not too bright but bringing steady income is better than someone who is intelligent but cannot bring enough income to strike their egos.
Those who own property tend to become very conservative, reactionary and against change. Anything jeopardizing their property is their enemy.
They are also dull and very unlikely to do new things since the new things , again, might change the relationship they have over the land , the tenants, etc.
Betty likely would have had a better life after Jimmy.
life is for the living.
Interesting part of interview with noteworthy investor and financial macro-insight guy Luke Groman, talking about peak cheap oil and the amount of investment required in the electricity grid. He doesn’t seem to have absorbed Gail’s point about how rising prices in oil crush demand and lead to lower prices, but thinks we will just have energy inflation and/or that government will subsidize the higher cost by buying energy through the printing press, but he has some interesting observations about transformers and the grid. Start at the 56:51 mark:
https://palisadesradio.ca/luke-gromen-u-s-treasury-market-continues-to-dictate-dollar-liquidity-policies/
Thanks for this! This is an interesting story that is still up for debate. While I think Gail’s assessment is correct the timeline can shift and last a lot longer than we may think. This Gail might be incorrect in the short run but correct in the long run.
Thanks! He has some things sort of right, but some of it is quite confused. He doesn’t seem to understand that the whole economic system depends on oil. EVs aren’t really an alternative. The economic system is prone to collapsing, if it doesn’t have the right energy supply of the right kind.
Ha, ha, ha…
Tesla owners in deep freeze discover the cold, hard truth about EVs
233 comment bubble on white
Not all batteries like subzero temperatures
iconRichard Currie
Tue 16 Jan 2024 // 14:30 UTC
This week’s frigid winter conditions in North America exposed the shortcomings of certain electric vehicles, particularly Teslas.
In the Oak Brook suburb of Chicago, Illinois, where temperatures have routinely dipped way below freezing, local media reported public charging stations turning into “car graveyards” because motorists were unable to power their vehicles.
“Nothing. No juice. Still on zero percent, and this is like three hours being out here after being out here three hours yesterday,” Tesla owner Tyler Beard told Fox 32.
He wasn’t alone. Dozens of cars were reportedly lined up and abandoned at the Tesla supercharging station in Oak Brook along with multiple charging stations around Chicago.
“This is crazy. It’s a disaster. Seriously,” said another Tesla driver, Chalis Mizelle, who had to ditch her ride and get picked up by a friend because the car wouldn’t charge.
“We got a bunch of dead robots out here,” quipped another, while Kevin Sumrak landed at Chicago O’Hare International Airport on Sunday night to find his Tesla unresponsive. He had to hire a tow truck and drove around looking for a charging station that worked in the freezing cold.
“I want Elon Musk to do something about this, it’d probably help us out,” said another hopelessly optimistic Tesla owner.
Numerous other articles on the web regarding this fiasco on the future of EV car ownership…another. Too many things that goes wrong….thank you Gail for another write up
It’s my understand lithium batteries can’t be charge in freezing temperatures because it will damage the battery. I ran into this problem with my off grid solar batteries and had to rework the system to prevent the batteries from freezing. This is another reason solar+battery is probably not a good solution in places where it gets very cold.
He can’t even make a car right but the blind belief of some who think he has the keys to the space won’t budge a bit.
They are not dead they are hibernating.
brrr.
Interesting ongoing debate between Chris Martenson of Peak Prosperity and Doomberg. A three part series. Doomberg assures us that there will be plenty of affordable gasoline well into the future because of technology. Martenson of course does a pretty thorough rebuttal. He removed parts II and III from behind his paywall.
Martenson boiled down our shale oil production as being dependent on just four counties, not four states, located in the Permian. The rest of the states, and shale oil basins etc are winding down.
In part three cites the extreme waste in trying to convert natural gas to liquid diesel/ kerosene (short chain to longer chain). At least 50% of the energy in natural gas is wasted in the conversion, and that doesn’t include the enormous expense in building these refining complexes.
https://peakprosperity.com/the-peak-cheap-oil-debate-doombergs-chriss-responses-and-rebuttals/
I never have been able to complete the circle on this seeming doom loop. Too many variables. Yet it seems:
People want to travel because they can work in the city and commute back to the cushy suburbs- as long as gas is affordable.
When gas gets too expensive, then people will have to divert increasing amounts of discretionary income to fuel.
That means the non-essential economy starts to wind down as there will be less demand for non-essentials, the production of which employs a lot of people.
People then lose their jobs that create these nin essntials, as cheap and plentiful energy has allowed us to enjoy many non-essential luxuries for the past century. But eventually, we will no longer afford to live in the suburbs. We will have the worst of both worlds; no food grown in the suburbs, and no jobs either- until the transformation to smaller more self-sufficient towns over the next two generations or so awith return of local businesses. Long supply lines and complex networks will recede.
But if you don’t have a job, no need to drive. So gas demand declines (demand destruction). You may not even need a car. But if fewer cars, then fewer roads needed.
One thing leads to another. PS: those low wage earners or dependents stuck in big citites are goners.
It’ll be Hunter/Gatherer 2.0.
Farmers, herders, and fishermen
Spent fuel ponds >>> cancer
Look it up
Some will survive
Hopefully not. We don’t want the cancer to continue
If you scroll down at this link:
https://peakprosperity.com/the-peak-cheap-oil-debate-doombergs-chriss-responses-and-rebuttals/
Martenson gives charts and text showing his calculations. He basically thinks that this process would take a huge share of natural gas supplies, if it were ever possible to scale up. The gas to liquid facilities could be built in only a few spots around the world (where there is a huge supply of natural gas). This by itself would make scaling up impossible.
My current guess is solar electric to hydrogen to fuel cells.
There is a guy out east who looks like he had done it, it is on YouTube so it must be true.
Otherwise, eat a toad for breakfast and every thing else will look great.
Dennis L.
Chinese lab crafts mutant COVID-19 strain with 100% kill streak in ‘humanized’ mice: ‘Surprisingly’ rapid death
The deadly virus — known as GX_P2V — attacked the brains of mice that were engineered to reflect similar genetic makeup to people, according to a study shared last week out of Beijing.
“This underscores a spillover risk of GX_P2V into humans and provides a unique model for understanding the pathogenic mechanisms of SARS-CoV-2-related viruses,” the authors wrote.
The deadly virus is a mutated version of GX/2017, a coronavirus cousin that was reportedly discovered in Malaysian pangolins in 2017 — three years before the pandemic.
All the mice that were infected with the virus died within just eight days, which researchers noted was a “surprisingly” rapid death rate.
https://nypost.com/2024/01/16/news/covid-19-strain-kills-100-of-infected-mice-in-chinese-lab-study/?utm_campaign=nypost&utm_source=twitter&utm_medium=social
Disease X?
Yes, but in the real world, a disease with a 100% kill rate doesn’t spread well. It is difficult for the germs causing the disease to spread because those infected tend to get sick and stay home.
Oh come Gail, where’s your imagination?
Stick with the “Frankenstein” plot!
Does seem a bit strange that they used LNPs… to bypass the body’s defences… and get the spike-making mechanism into the cells of the body f789ing up the immune system…
Now why would they do such a thing?
Never mind… it’s probably nothing
Now why would they do such a thing?
(I like to ask questions like this)