|
Getting your Trinity Audio player ready...
|
The war with Iran is not going well. It is difficult to supply US troops with adequate food and other necessities. With summer arriving soon, the region will soon be an even more inhospitable place for ground troops to fight. An underlying problem is that the world economy was reaching resource limits even before the Iran War began, adding to the difficulties.
The most pressing resource limit is distillate fuel oil–an industry term for what we think of as diesel and jet fuel. This fuel is heavily used in transportation. It is also used extensively in agriculture and industry. Somehow, the system needs to cut back on these fuels for international trade so that more fuel is available for agriculture and industry.
President Trump of the US and President Xi of China will be meeting in Beijing on May 14-15. This meeting would seem to be the perfect time to start reorganizing the world with shorter trade routes, so that the world economy uses less fuel for transportation. China and the US are the two great powers in the world. Keeping trade mostly within the two areas shown in Figure 1 would be a way of using fuel oil more sparingly.
An advantage of such a plan, besides saving on fuel, is that it could stop the Iran War without clearly declaring one side the winner or loser. In this post, I will attempt to explain the situation further.
[1] Based on the ideas of Dr. Mohammed Marandi, I believe that China might be able to mediate a settlement between the US and Iran.
Dr. Marandi was born in the United States of Iranian parents. He currently lives in Iran, where he is a professor at the University of Tehran. In the video, One Country Quietly Won this War, he points out that, often, when two countries battle each other, neither one emerges as the clear winner. Both of them are damaged by the war. The actual winner may be a country that does not seem to be directly involved in the war.
In the video referenced above, Dr. Marandi discusses three historical situations in which a nation not directly involved in a conflict gained stature by being the “adult in the room,” when two other nations battled each other. In this case, Dr. Marandi believes that China could very well be the country that can exert enough pressure on both sides to get them to accept a proposed solution. He says that China has acted behind the scenes to bring about the ceasefire, and that Trump has acknowledged China’s role.
Dr. Marandi suggests the idea that the upcoming meeting of the two presidents might be an opportune moment to make major steps toward a mutually agreed settlement. I believe that the underlying problem is that there isn’t enough energy (particularly oil) to support a world population of over eight billion. Dividing up markets in the way I have suggested would at least somewhat alleviate the shortage. Of course, there may be other terms of a settlement, as well. In addition, not all the terms may be determined precisely at this time.
[2] The world doesn’t have enough diesel and jet fuel to maintain the current level of trade across the Atlantic and Pacific Oceans.
Figure 2 shows that per capita diesel and jet fuel started to drop at the time of the Great Financial Crisis in 2007-2009. Their supply took a larger step down in 2020, and it hasn’t completely recovered. In 2026, the Iran War has taken out more crude oil supply, for an unknown period of time.
Diesel and jet fuel are both very important as transportation fuels. Diesel is also important in agriculture because it provides the power needed for heavy machinery to till fields, even under the most adverse conditions. Diesel provides the power needed for large commercial trucks, many trains, and ships. Earth moving equipment is also typically operated by diesel fuel.
If the amount of trade across the Atlantic and Pacific could be greatly reduced, it would help alleviate the shortage of distillates. Of course, the tourist trade would also need to be greatly reduced. With recent spikes in aviation fuel prices, many flights are being cut. Some airlines, including Spirit Airlines in the US, are going bankrupt. The problem is starting to solve itself, but more changes will be needed.
[3] Looking at population and oil supplies, the Americas seems likely to come out somewhat ahead.
[3a] Comparing the populations of the two areas, the World ex Americas is much larger, and its population is growing faster.
President Xi (leading one hemisphere) would get the very large and still rapidly growing part of the world population. President Trump would get a smaller and less rapidly growing share of the world population. Between 2021 and 2024, world population grew an average of 0.6% per year in the Americas, and an average of 0.9% per year in the World ex Americas.
[3b] The Americas seem to have an advantage with respect to crude oil production.
It makes sense to look at energy amounts on a per-capita basis because the quantity needed depends on the number of people requiring the benefits of transportation, agriculture, and industry. On this basis, crude oil production of the Americas has clearly been outshining that of the World ex Americas. It is higher on a per-capita basis. In addition, the amount available has been increasing in recent years.
Figure 5, below, shows total crude oil production (not per capita).
Figure 5 suggests that since 2005, crude oil production for the World ex Americas has hardly increased. In fact, total extraction has decreased since 2019. A person viewing this data might conclude that crude oil production in this area may already be past its peak.
On the other hand, Figure 5 shows that oil production of the Americas has increased by about 65% since 2005. Many people believe that US shale production will soon decline. At the same time, however, increases seem likely in several other countries in the Americas, including Canada, Brazil, Argentina, and Guyana. Thus, while crude oil production for the Americas may decline in the near future, its decline is likely to be gradual.
[3c] Crude oil production by geographical area outside of the Americas shows declining production in all areas.
Figure 6 shows that Europe’s crude oil production started its permanent decline in 2001. Asia-Pacific’s production hit a maximum in 2010, and it has been declining since. Africa’s peak oil production took place in 2008, and it has been mostly declining since.
Russia+, which I use to refer to Russia plus nearby countries that used to be part of the Soviet Union, has an unusual production pattern. Its crude oil production started to decline in 1989, two years before the collapse of the Soviet Union in 1991. (This collapse in crude oil production likely contributed to the collapse of the Soviet Union.) Crude oil production for Russia+ rose from 1998 to 2019.
Russia+’s production took a big step down in 2020, and it has not been able to recover since. A person might think that Russia+’s oil production was post peak, even before the 2022 conflict with Ukraine broke out. If an oil exporter doesn’t have enough oil to export, it tends to create financial problems within an economy. Participating in a war can appear to mitigate the country’s problems.
Many people assume that the Middle East has endless inexpensive-to-produce crude oil. I don’t think that this is the case. Crude oil production of the Middle East (Figure 6 above) hit two similar peaks in 2016 and 2018, and it has been lower in years since then. I think that Middle Eastern oil production is likely past peak partly because of depletion issues and partly because most countries in the area require high taxes on oil exports to provide subsidies for their ever-growing populations. This leads OPEC to try to maintain high prices. Lower crude oil production since 2018 is consistent with the hypothesis that oil production for the Middle East is mostly post-peak.
One additional difficulty of the World ex Americas is that it is so heavily populated that it cannot access tight oil that might be available without displacing a large number of residents. Another difficulty is that very old wells, such as those in Saudi Arabia and Iran, are ones that it might not be possible to restart if they are shut in for an extended time.
[4] In terms of mining and manufacturing, the Americas seems to come out behind the World ex Americas.
The World ex Americas has rapidly ramped up mining and manufacturing. Coal has been the preferred industrial fuel, with natural gas consumption also increasing.
Figure 7 shows that the energy consumption of the World ex Americas started increasing more rapidly after China joined the World Trade Organization in 2001. The consumption of coal and natural gas has especially increased.
The economies of the Americas have tended to shift towards service economies. Emphasis has been placed on fuel efficiency. Homes are now better insulated, light bulbs are more efficient, and engines of vehicles are more efficient. As a result, energy consumption within the Americas has tended to stay flat (Figure 8).
I have used the same scale on Figure 8 as on Figure 7 to emphasize how low energy consumption for the Americas is now, relative to the rest of the world. After US oil prices first rose to a high level in 1973, the US started transferring manufacturing to lower-wage countries. Southeast Asian countries began to be favored after 2001. Moving manufacturing abroad helped hold down US energy consumption and helped make the cost of goods to the consumer cheaper.
The problem today is that moving so much manufacturing elsewhere has made it difficult for the Americas to go back to producing its own goods, including clothing, furniture, and transformers for electrical systems. Supply lines for a particular item, such as a refrigerator, often run through many countries around the world.
[5] The full transition to the configuration shown on Figure 1 could take well over 100 years.
Changes, such as new supply lines and the new placement of major population areas, cannot happen very quickly. But I expect that some of the same underlying principles that guided these decisions in the past will continue to guide them in the future.
For example, infrastructure (roads, bridges, pipelines, and (today) long distance electricity transmission lines) seems to be the most difficult part of an economy to maintain because of the huge amount of energy required. Before the days of fossil fuels, I understand that slave labor was often used to build and maintain infrastructure. Similarly, slave labor was sometimes used to staff the mines needed to support the building of such infrastructure. As we lose fossil fuels, we will need to think about reducing our reliance on infrastructure.
One low-infrastructure approach used in the past was to build cities near bodies of water, so that fewer roads would be needed. Boats could be used to transport goods without building roads or bridges. If fish were available, they could be caught and used for food. In Figure 1, I am imagining that we will head back in this direction, with cities especially along navigable bodies of water and the ocean.
Unless we discover ways to replace fossil fuel energy, I would expect that the system will tend to go down in the reverse order of when it was put up. In general, electricity was last to be added, after coal, oil, and gas from coal. Electrification was first built in cities; then electricity transmission lines were added to provide electricity to rural areas. Above-ground lines tend to be damaged in storms, leading to a need for frequent repairs. Because of this issue, I would expect rural electricity to disappear quite quickly, unless it is generated at the location where it is used.
Natural gas shipped as Liquefied Natural Gas (LNG) was added very late. Its cost tends to be much higher than that of pipeline gas. I expect it to disappear quite quickly.
A full transition to the two trading zones shown on Figure 1 would require a huge number of changes in supply lines. A 2025 chart by Visual Capitalist shows how much control China has over critical minerals. It states, “China controls key materials such as graphite, rare earths, and gallium–essential for green technologies and defense industries.” While the US has started working on its own production of minerals, it will also need to develop the processing capability for these minerals. Putting all of this in place will likely take many decades. This is a significant factor in the 100-year estimate.
[6] If energy supplies are limited, I would expect population centers closest to fuel sources to be especially favored.
Writers today talk about possibly running short of diesel and jet fuel in a few weeks or months. Clearly, if a population center is at a location where there are both oil wells and refineries for the oil from those wells, the area has a better chance of having fuel than an island in the middle of the Pacific with nothing to sell other than tourism. Thus, Houston, Texas, will likely have fuel, even when models suggest there will be shortfalls in many places.
Often writers concerned about resource shortages talk about the core and the periphery. The core needs to be near whatever source of energy is available that can be used to help grow crops and transport goods. At this point, oil is the fuel that is closest to filling this need. Electricity is a nice-to-have, and it can provide services like refrigeration for food. But it is not good for paving roads or building bridges. So, it can only add to the mix, not substitute completely for oil. Slave labor is the closest substitute for oil that the world has discovered. We would rather not go back to using such an approach.
[7] I am concerned that a major downward economic step will be necessary in the upcoming months and years, but I am hopeful that the meeting between President Trump and President Xi on May 14-15 can help smooth the way.
We are at a point at which it is clear that the current organization of the global economy is not working. I hope that the meeting between Trump and Xi will help put an end to fighting in the Middle East. I also hope it will help pave the way for a new path forward.
I expect that the path ahead will be a difficult one, both for the people in the Americas and the people in the World ex Americas. While the US has considerable energy supplies, it lacks manufacturing capability for many everyday goods. The US is also lacking in many critical minerals, especially those used in making high-tech products. With its high wages, it will need extremely high prices, unless processes can be made very efficient.
The World ex Americas may have an even more difficult step down. Its oil supply was already more stretched before the Iran War. Its overpopulation problem seems to be worse than that of the Americas. The World ex Americas is more directly affected by the damage done in the Middle East and the resulting loss of oil supply. And there seem to be many groups looking for war, even if the US leaves.
Let’s all keep our fingers crossed that the upcoming meeting will have a beneficial effect, both in the short term and in working toward a longer-term solution.
Oh well, there must be a lesson behind this all
Body of missing Auburn University student found in Japan
James “Weston” Higginbotham’s remains were found in a mountainous area outside of Kyoto, his mother said on Saturday.
https://www.nbcnews.com/news/us-news/body-missing-auburn-university-student-found-japan-rcna348792
The Higginbotham family previously said that the 20-year-old went missing after an argument over artificial intelligence during a family trip and feared he could have been “emotionally distressed.”
He walked away from his parents after his mother was using ChatGPT to help find restaurants and other sights in the area, Nancy Higginbotham told NBC News. The Auburn student, who majors in biosystems engineering, is devoted to sustainable design and opposes the world’s increasing reliance on AI, she added.
Betcha he may have wished he had some artificial intelligence to get him out of the pickle he got himself into out there,
. His mother said that her son was last known to have entered the mountainous forest area near Yamashina, Kyoto, where there are water sources but limited food.
Heavy rains from a typhoon delayed the search until Wednesday, according to Takuya Nishikawa of the Kyoto Prefectural Police Headquarters.
Sad indeed, can’t take back a bad action…you may not get a second chance
You know when nature kills you? It’s not when you think you are going into a dangerous piece. It’s when you think you are going into a piece that’s a ake.
Very true: coming down an easy mountain; cutting up a simple-looking hung tree…..
Becoming mentally distressed over something that doesn’t exist doesn’t sound very normal. It’s possible that he may have had a personality disorder, or maybe a mental condition, like autism. Otherwise, this just seems like a promo piece to make ai look like a bigger deal than it really is. “Look, smrt people are grappling with the ethical implications of this paradigm shifting wicked smaht technology to the point they can’t anymore! That means ai is going to be a big deal!”
Unintended consequences .
” Oil importers are dumping US Treasuries to buy oil
In March, they dumped $60B with oil averaging ~ $90.
How much will they dump when inventories run low and oil surges?
https://x.com/ekwufinance/status/2063291123502584307/photo/1
Good question!
Can’t buy oil with treasuries.
Can’t buy oil with gold.
Only dollars.
Can buy oil with treasuries see below 👇
There’s a (Problem Reaction) Solution for that: require that US oil exports be purchased in stablecoins. Then when that is no longer an adequate solution, require international oil purchases be transacted in stablecoins under threat of tariffs and/or barring inflation-riddled countries from using stablecoins altogether. But threats presumably won’t be necessary in many cases because transacting in stablecoins is cheaper anyway.
“The ripple effects of geopolitical conflict are reshaping the plumbing of global trade finance, pushing some commodity traders out of the banking system and into the arms of stablecoins.
That’s according to Luke Sully, CEO of trade finance-focused stablecoin issuer Haycen, who says the war involving Iran has heightened compliance fears among Western banks, triggering a fresh wave of “debanking” across commodity markets.”
https://www.coindesk.com/business/2026/04/12/commodity-traders-are-getting-debanked-due-to-iran-war-pushing-them-to-rely-on-stablecoins
https://ripple.com/solutions/stablecoin/
The assumption being made is that tank bottoms is going to equal higher oil prices. That might be the case but it’s possible it might not.
Those who are long oil futures contracts with money they borrowed might just get forced to sell those longs in order to get dollars here shortly.
I can tell you that there are a lot of commercial banks holding short dollar positions that will get unwound soon. If the dollar continues rising.
What we seen in markets Friday was broad dollar strength. Not just against other currencies. But against stocks, gold, silver, oil and many other things.
While i don’t believe everything that isn’t the dollar will go in a straight line down in price. I won’t be surprised if Friday was a turn in the market were not only are other currencies falling against the dollar but things that are priced in dollars also fall against the dollar.
Dollar shortages are deflationary.
I’m of the opinion that this energy shock being the largest ever. Will result in the largest monetary contraction ever caused by an energy shock.
There’s Trouble Brewing in the Treasury Market .
https://wolfstreet.com/2026/06/06/theres-trouble-brewing-in-the-treasury-market/
Treasury yields are rising due to a global dollar shortage. Rainy day funds are being liquidated to get dollars. That banks simply are unwilling to supply. Or are willing to supply but at a cost market participants can’t are unwilling to pay.
Inflation isn’t in the drivers seat here. This isn’t a demand driven red hot economy.
The new FED chairs plan is to shrink the FED’s balance sheet. He actually believes inflation came from FED balance sheet expansion. And by shrinking it inflation will be tamed.
European banks are buying record amounts of sovereign bonds. Knowing full well that the ECB is about to raise interest rates. Make that make sense?
The commercial banks know full well that the ECB is fixing to make a policy mistake and will be cutting interest rates at a rapid clip soon. Commercial banks know the state of the economy because they are the ones making all the loans into the economy.
The central banks are clueless. Mainly because monetary policy and money creation is all done by commercial banks instead of central banks.
Welcome to St. Petersburg.
Ammo depot targeted this time.
Some say drones path is Poland then Baltics bypassing most air defense.
Ukraine is pummeling Russias supply lines.
Russia has to supply to hold.
The world situation is dreadful, but few people are talking about it. There is way too much war going on with drones. The US has few drones. In fact, it seems to be short of ammunition in general. If the war escalates, especially if there are missiles that hit the US, the US will be in a poor position to retaliate.
When all you have left are fusion bombs then you use them.
The BNS always was into simultaneity theory. Makes too much sense. Grand finale fireworks show MPP. The Chinese cakewalk through Taiwan will sneak in the back door during the grand finale. Hand got Murka a Trojan Horse for its 250th birthday present, in the form of that Russian asset — or is it Israeli? — King Lear. The troops are just now wheeling it through the city gates, still unopened. Less than a month now til July 4.
The biggest winner of King Lear is Albany, who does absolutely nothing but becomes the King.
Edgar , at the most critical moment where Cordelia’s life is on the edge, wastes critical time by delivering a loooooong monologue. He will marry a relative of Albany and become the next King.
After all is said done, countries who are doing nothing, like India, will win and the whole world will look like the slum of Kolkata.
Nice way to brush up on your Lear kulm. That’s what I’m talking about everyone! 😁 China is the do nothing country that wins in the MSM narrative. Of course the King Lear (the play) vehicle is just the Cliff Notes the Hand is using for political cover for Collapse, so China doesn’t actually ascend to the throne or benefit from the Thucydides Trap which is associated political cover. Nor of course does Gabbard, as Cordelia, die. Though her beloved husband might in slant rhyme lol.
China is taking over the chemical industry
– by 2022, China accounted for 44% of global chemical production
– 46% of new capital formation and R&D spending
– China has lower operating costs and cheap capital
– Chinese universities dominate global chemistry rankings
The goal is self-sufficiency in chemicals.
Chemicals sit at the foundation of modern industry, feeding into everything from fertilizers and batteries to pharmaceuticals, plastics, semiconductors, and defense.
Dominance in chemicals translates into influence across entire industrial supply chains.
https://x.com/ekwufinance/status/2062898777048875200
I am afraid the author of the post is correct: China dominates global chemistry.
The US dominates finance, but finance is giving to blowing bubbles. These bubbles can help the economy grow, if there are truly inexpensive chemical resources to go along. If not, there is a terrible problem. These bubbles tend to collapse. We have assumed that inexpensive to extract resources would always be available, but that is proving to be a major problem.
One might wonder about the waste secondary to chemistry production.
Some of you might have noticed Musk has suggested manufacturing in space; someone here brought that idea up more than a year ago. Love the pollution solution, kick the waste out of orbit into the sun.
There is no resource problem in space and space is an ideal transport medium, frictionless and gravity assists. The math is well established one would think.
Dennis L.
We can get satellites up in orbit, but there is an awfully lot of energy required to do so. Manufacturing in space seems many steps away. I would expect we would have to move in very small steps. I don’t see such small steps taking place yet.
Any approach such as this would likely require fossil fuels, but we are short of them.
I suppose travel through space would be easy if we could use the Force, or warp drive. However, we aren’t Yoda and we aren’t Engineer Scott.
Accelerating mass in outer space requires an applied force and a reaction mass to push against, fundamentally governed by Newton’s second law of motion (F = ma). Because the vacuum of space lacks friction and atmospheric drag, maintaining a constant speed requires no force at all—which is convenient—as once you are moving, inertia takes over.
However, actively changing speed or direction (accelerating) demands several key elements, most notably:
Propellant: Because you cannot push off the vacuum, rockets must carry mass to expel. Ejecting this mass backward at high velocities propels the spacecraft forward.
Fuel: An energy source is required to accelerate the reaction mass in the direction opposite that in which you want the spacecraft to go. Traditional rockets use chemical combustion, while advanced systems like ion engines use solar panels or nuclear power to ionize and shoot particles.
A good calculation system: You wouldn’t want to waste fuel or propellent by going “the wrong way around” because then you might run out and become Lost in Space rather than Star Trek.
It is also possible to make use of orbital mechanics to achieve free acceleration. But orbital mechanics can also present an extra burden, as when trying to escape from a planet’s gravity well.
Tank Bottom: Europe, Singapore next .
https://x.com/HFI_Research/status/2062990300872880246/photo/1
Tankers not having fuel oil would be one of the funniest outcomes.
https://x.com/HFI_Research/status/2062988811735560219/photo/1
It does look bad.
Hopefully, everything OK today. I am in Heathrow Airport in London, right now. We expect to board a flight to Atlanta in a couple of hours.
But the issue makes me wonder about planning a trip in say, September.
Thank goodness!
I even figured out how to make the plane’s internet work.
THE LAST YEARS OF
THE OIL AGE
Physics kills Oil and Cars
Berndt Warm
2023
https://www.peakoil.ch/media/files/the_end_of_oil_covered_230920.pdf
This clown thinks physics prevents oil extraction post 2034? The last page:
>> This book explains why Peak Oil and Peak Car now are things of the past. The justification is based on a law of physics that has so far received little attention for oil production: the second law of
thermodynamics. Diagrams with economic data and explanations of oil production serve as evidence. It is to be expected that oil production and vehicle construction will decline significantly in a few years and will hardly exist in 2034.
Historical global car production:
https://www.statista.com/statistics/262747/worldwide-automobile-production-since-2000/
I looked through parts of this book. What I read looked generally right. Things have been changing so much since 2023 (when the book was written) or 2022 (when last data was available), I question the ability to pinpoint a date for last car production exactly. But, for Germany, 2034 does sound like a reasonable date. I don’t know if that will be date for the world as a whole, however.
I may have read this book before and the author provides many valid points to be considered. Thank you
I’ve been around a long time and lived through the first “oil shock” caused by Israel Yo Kipper war (sic lol). Seems we are seeing another version today.
I also remember all the predictions and publications with suggestions and ideas, that have largely been ignored. It’s hard to make predictions, especially about the future.. Yogi the 🐻
Therefore ivan you must think Gail is a clown now for what she just said about Germany. I suggest you take that realization as a wake up call that you’re having an existential crisis, and for good reason.
IIRC the central thesis of his writings is that humans have been changing in oil producing regions thermostatic equilibria and gradients that have existed for billions of years and that take millions of years to restore. Specifically they are cooling oil reservoir rocks and heating the atmosphere. This is certainly true, but how does that create ever larger energy expenditures to extract oil I had no time to understand. I have the book, and when I will have time I ill look at how he calculates the work. First time around I did not see it, because the pressure down there is still the exact same.
note: Russia flipped the global switch, and now all telephony is cut off from the rest of the world. Max and known russian sites work in the villages, that’s it. It appears to help, as there have been no civilians killed by drones in a couple of days (whereas the week before, every day). Too bad my internet is via phone. so now I come to town twice a day and connect to a known wi-fi with cable. Yesterday was bad as I had to send different documents to different people and I had to come 5 times.
Awesome drb. I’m jealous! 😁
It sure was nice knowing you.
Thanks for he godsend R. But unexpectedly telephone internet came back today so I am typing from home. Of course it proved very successful in preventing terrorism, so telephone internet blackout will be back. I also should tell you that my internet cable is coiled at the head of my dirt road, up a brand new post, all ready to come here. It has been there nearly a year. No one is around to lay it (everyone is in Ukraine) so it may be a month or a year but at some point I will have normal 24/7 internet. It is possible that they wait until they bring gas to the village, so as to dig once, probably next year.
Lack of adequate internet service is a real problem!
I understand Iran did something similar, earlier.
Cuba has been very short of internet services for a long time,
Thanks for the update. Interesting. Perhaps it is a preview of the future in more countries.
OilPrice article on demànd destruction saying that Chinese demànd destruction is at 9% and covering for it by day that the Chinese are switching to EVs and providing some longer term structural cover in saying that switching to EVs might cripple the oil industry.
“As costs soar, consumers rethink spending on gasoline. As inventories crash, oil prices tend to spike.
But demand destruction has been so high so far that it has capped price spikes, alongside China’s reluctance to tap the spot crude market for purchases as it has amassed inventories that would last it a few more months.
In China specifically, demand has slumped by 9%, or about 1.5 million barrels per day (bpd), “abruptly, unexpectedly, and with remarkably little visible disruption,” JPMorgan oil strategists Natasha Kaneva, Lyuba Savinova, and Artem Fakhretdinov wrote in a note carried by Yahoo Finance.
“It looks like consumers have made a quiet economic choice,” JPMorgan’s analysts said, noting that Chinese consumers have shifted to electrified transportation.
Consumers outside China are also making the economic choice of spending less on much more expensive fuels. Electric vehicle sales are soaring in Asia and Europe. American consumers, while not rushing into EVs with zero federal incentives, are rethinking driving and are commuting more as the highest gasoline prices in four years are changing consumer behavior.
The biggest question for analysts and for the oil market in the medium to long term is: will demand return after this crisis settles? Or will governments and policymakers choose to permanently replace some oil and gas consumption with low-carbon alternatives such as EVs and solar and wind power to avoid being caught off-guard during the next geopolitical crisis that will cripple oil and gas supply?”
https://oilprice.com/Energy/Oil-Prices/How-Long-Can-Demand-Destruction-Keep-a-Lid-on-Oil-Prices.amp.html
My anecdotal observation this time is a little different. Demand destruction is occuring prior to new records in price. Several business owners I know are reporting strong reduction in business. More people are aware of what is going on this time. While the degree energy supply plays in the economy is not understood it’s understood there is a relationship more than in times past.
There’s no demand destruction. There’s just too much demand to match the physical plane with the monetary plane, as we all know.
“Demand destruction” is an excuse, not an argument.
I love the smell of of stupidity in the evening.
Inflation and demand destruction are two different things.You are talking about the former.
Oh for sure dog. The low inflation adjusted oil prices last year are all we need to see to know that demand destruction is the economic undertow. The oil price hit rock bottom around $57 in mid December of last year. Taking out the 30% plandemic cumulative OECD inflation that’s a real price of like 40 bones. 40 buck oil 7 years after global peak oil on the fitted Hubbert Curve. Hubbert Peak Oil. That’s all we need to know right there about the natural law relationship between oil price and MPP post-peak. Money is a proxy for energy. So goes the energy, so goes the money. Energy deflation equals reserve currency money deflation. The 30% plandemic inflation was just the result of the artificial 30% cumulative demand destruction relative to 1.5 years of demand. Now that’s neat and tidy. Every action has an equal and opposite reaction.
And remember how the cool kids fingered the repo market problems as the reason they kicked off the plandemic? Well the Iranian color revolution protests started 12 days after that rock bottom oil price, quickly followed by war.
Even in you tube travel shows that I watch regularly with my wife I heard the creator say it was unusually quiet in some place called Jersey that he was visiting he said that businesses there relied on tourist dollars so looks like Gail is correct people cannot afford everything in life.I wonder what will the elders do if oil drops really low.Pass the popcorn this movie is getting interesting.Anyway I was wondering has anyone got any advice on treating shingles my wife has got it any folk remedies much appreciated finite worlders.
Yes when in doubt stick to the folksy fundamentals. R&R, good water and nutrient dense foods (including bone broth). Beyond that it would be a prolonged water fast on bedrest but that’s an even bigger commitment.
Gollem Sucks sez global demand destruction is 4-5%.
https://www.reuters.com/business/energy/goldman-sachs-says-global-oil-demand-takes-big-hit-sees-risks-price-forecast-2026-06-05/
The article says,
“The decline in demand was driven by weaker consumption, particularly in China and Western Europe, where April retail fuel sales reports were soft, Goldman Sachs said.”
Perhaps there is a limit to how much “stuff” is optimal. E.g. an automobile; how many of the accessories are necessary? Touch screens for me are a pain and a simple knob while less is definitely more.
So much of what is available now seems very fragile and difficult to make work without an instruction manual.
Dennis L.
Thanks for this thread – canceled my intended post.
Simply, lets hope it will work out as yet another delay of the reckoning a bit by few more months, quarters, yrs..
I thought this was an interesting discussion on Tienanmen Square from a Chinese perspective. It covers the economic and policy background and then later shows interviews of various participants.
As I understand this, the post has to do with the 1989 Tiananmen Square massacre. At that point, a major change was taking place in the economy. Instead of being a planned economy, with low prices mandated by the state, a change was taking place toward more of a market economy.
I am not quite sure of the significance today, but I didn’t get through all of it. Perhaps the idea is that with as big changes as seem to be taking place today, more violence will need to take place.
1989 was the year when President Gorbachev’s policy of “glasnost” (openness) came of age. He had liberalised the Soviet political system and was wondering how to liberalise the economy. In 1989 he set the Soviet-allied countries of Eastern and Central Europe free, and they adopted democratic systems. The then Soviet Union simply could not afford to maintain its European empire any more.
The Chinese had been liberalising their economy long since. The Chinese public (or some of it) looked at the Soviet Union and Eastern Europe and decided that they too would like some more political freedom. So they went out into Tiananmen Square and protested. But the Chinese government said “No” to liberalising the political system, hence the massacre at Tiananmen Square.
Gorbachev eventually lost control of liberalisation in the Soviet Union. The pro-liberalisation and pro-independence heads of various republics in the USSR grew tired of Gorbachev but did nor know how to get rid of him. Eventually the leaders of the Russian, Belarusian and Ukrainian republics, with Boris Yeltsin leading the way, simply seceded from the Soviet Union. Gorbachev was then left as the leader of a polity that no longer existed. Game over!
Thanks!
If you watched the video, it says the ~200 protesters were killed on the way to the square, about 5km away, but not in it. There were also 12 soldiers who were swarmed and killed on their way to the square. Carl Zha says there are reports that snipers killed some soldiers (similar to Maidan) and that CIA admitted involvement in organizing protesters. I don’t claim to know the truth, just that this is an alternate version of events from what is commonly portrayed.
Godfree Roberts is a pretty decent writer on China.
https://www.unz.com/article/tiananmen-square-1989-revisited/
Also the great Max Parry. Not for the weak of hearts as the freedom loving schmucks decide to imitate the West.
https://www.unz.com/article/30-years-after-tiananmen-square-the-u-s-is-still-trying-to-destabilize-china/
The road to a fast collapse continues in India . India’s biggest gold jeweler exporter charged with overstating revenues by $ 1.5 billion . One brick at a time .
https://www.reddit.com/r/IndianStockMarket/comments/1tx9q38/rajesh_exports_scam_the_biggest_scam_in_indian/
The rapidly changing price of gold must be causing difficulties.
No , the gold price has nothing to do with this . It was a scam. A money laundering operation .
” Fabricated Transactions: SEBI noted that 99% of the company’s consolidated revenue was shown as coming from overseas subsidiaries, primarily Switzerland-based Valcambi SA. However, the standalone financials of these entities did not match the massive figures, pointing toward shell transactions.
Domestic Misstatement: The regulator flagged domestic transactions worth over ₹11,400 crore each in sales and purchases with an entity named Affluence Shares and Stocks Private Limited. The broker denied having any such commercial trading relationship with the company. Fund Diversion: SEBI alleged that Rajesh Exports routed ₹339 crore of corporate funds into the personal derivative trading accounts of its promoter without requisite approvals from the board or audit committee. ”
Complete details :
https://finshots.in/markets/rajesh-exports-house-of-cards/
This does sound concerning. A person would wonder how long it has been going on. Why did they feel a need to do it?
Why ? Greed .
For posterior restorations, gold was ideal functionally as well as durability. Now, the cost of a restoration would be prohibitive in metal alone not including the waste of finishing castings. Twenty penny weight to an oz, say two penny weight for restoration, $400-$500 metal in one restoration plus lab work and then the dental operation cost as well. For a lab, the working capital would be crippling as well as security concerns of gold on the bench.
Dennis L.
This movie from about 20 years ago is beginning to look, sound and smell more and more like predictive programming.
Could the Hand be choreographing or orchestrating the rise of Farage to be followed by his betrayal of the hopes and dreams invested in him?
Great movie, anyway.
That clip certainly betrayed my hopes. He promised an orchestra and before Pyotr Ilyich even got started, it cut. Don’t spare that man the rod, words are supposed to offer the means to meaning and the enunciation of truth, but no promised orchestra😔
Nigel Farage has clearly been put forward to attract, and then betray, ‘right-wing nationalist’ discontent’ and nobble any genuine independents.
Nor can he ever be forgiven for enthusiastically endorsing Tony Blair’s ‘vaccine passports’.
He made no less than 2 videos to bring his followers in – ‘You might not like someone, but they can still have a really good idea!’ – before giving up.
He showed his true colours and role then. Most, though, have forgotten this.
How fortunate you are to be thousands of miles away from this wretched country, Tim.
Yes, he is either controlled opposition or just milquetoast.
Japan is remarkably free from rage- or anger-driven politics, fortunately.
The media here likes to play on people’s fear of being attacked, although the attackers usually walk on four legs.
Chinese bears?
A lot of empty apartments that no one can afford:
The housing paradox: the fewest new apartments, yet tens of thousands of vacant ones
The rental market holds great potential, but it is held back by legislation and landlords’ concerns
While apartment construction has fallen to its lowest levels this century, tens of thousands of apartments in major cities remain vacant. Yet housing affordability is one of Slovakia’s greatest economic and social challenges.
The National Bank of Slovakia (NBS) therefore proposes tightening the financing of investment apartments through loans and making it easier for young people and families to access their first home. It also highlights the need to bring a portion of existing real estate into the housing market. The question remains: what incentives can motivate or compel owners to rent out or sell their properties more often?
Translated with DeepL.com (free version)
https://www.trend.sk/reality/paradox-byvania-najmenej-novych-bytov-no-desattisice-prazdnych?itm_modul=react_trend_topbox&itm_brand=trend&itm_template=hp&itm_position=1&itm_cb_position=top_main_1
People can live together more closely, so they need fewer apartments in total. This messes up prior demand estimates.
Lots of houses built for profit motive. Not so much income to support rents and purchase. Income a representation of the means to sustain oneself in the overall environment. The majority of means to sustain oneself derived from affordable petro energy.
The political solution seems to be increasing government ownership of housing through private intermediates such as blackrock. Then money is created and given to the underlying financial structures. As a byproduct people can inhabit the housing based on whatever criteria the government chooses via vouchers or whatever. This allows the underlying financial structure which is priced beyond the carrying capacity of overall environment.
Debt is regarded as a.replacement for the overall carrying capacity of the environment both physical and financial. The benefits of reserve currency both buy providers and users becomes the carrying capacity.
This carrying capacity is substantial although this is unintuitive
While dollar use for trade settlements for real goods has fallen it is still somewhere around 18 trillion annually. That does not tell the real story. The real story is the 2.4 quadrillion traded on forex for financial transactions.
Trade settlements represent physical supply of things necessary for dollar carrying capacity
That must be available in trade with dollars for debt to function as default carrying capacity. Physical necessities such as food water and heat must be available for debt to function as default carrying capacity.
Housing has been s function of debt for a long time. The transition is that individuals are no longer able to sustain that debt with the financial carrying capacity of the national environment. The transition is to the global financial environment of dollar dominance where the debt can be theoretically expanded infinitely because it is regarded as a asset not a liability on the banks books. That’s the little trick that makes everything work. On a individuals books debt is a liability. On the banks books debt is a asset. This is a arbitrary matter the result of the feds declaring treasuries to be prime collateral.
There really is no shortage of nations and individuals desiring to participate in dollar trade either physical or financial. Finite limits remain via physical supply of food water and energy. The carrying capacity of the financial environment can be bypassed with debt. The carrying capacity of the physical environment can not be bypassed with debt.
Food water energy and housing can be reduced to their equivalents. Food is energy so no need to include it. Oil is international both physically and financially. Water must be sourced locally but financed via global debt. Building materials are largely sourced locally but financed by global debt.Labor for building can be sourced via debt.
Water is rather unique in that neither debt or energy can make it happen. Pretty much everything thing else is debt or energy.
The empty housing can be filled. Ownership is not written in stone. 200 some years ago there were no deeds which are merely documents of force. The empty houses are a attempt to store infinite global debt in loval physical carrying capacity. Housing will not be a problem for populations.
Nothing is more disastrous to the continuence of the overall carrying capacity than a reduction in energy supply. In the vast majority of cases some combination of energy and financial can create carrying capacity. Reduction in energy supply destroys carrying capacity. Reduction in other physical materials kills carrying capacity.
This was the deterent closure of Hormuz posed. It was a deterent that was well understood. Exactly why that deterrent was ignored is not important. If continuence is desired only one thing is important. The spice must flow. If continuence is not desired keeping Hormuz will end it as certainly as cutting of oxygen to a human.
Energy supply and growing debt certainly do work together. Growing debt and growing energy supply can make an economy boom. Carrying capacity is raised.
We are finding out now how badly the economy is hurt by falling energy supply. Falling energy supply likely pops debt bubbles, pushing that part of the system down, as well. Carrying capacity may fall fairly quickly.
We’ve had no comments from Norman since a solitary one liner on June 1.
Can someone please look in on him? I fear his pacemaker battery may need replacing.
On June 1st, our beloved Norman posted the piece “oil lubricates only our delusions” on his sub stack.
https://substack.com/home/post/p-200181939
Norman extracted that piece from his book of 2013.
For something more up to date, try this by Tim Morgan:
https://surplusenergyeconomics.wordpress.com/2026/06/05/325-the-long-run/
“is there any evidence that life satisfaction has increased or decreased over the last hundred years?”
Maybe Old Don is having some “life satisfaction” evidence…we can only hope 🙏 and maybe on Holiday
Young people are certainly struggling today. They cannot afford to get married. They also can’t afford to buy a home. There are homeless people begging for money in cities around the world. Wage and wealth disparity is an increasing problem. These things seem to be predecessors to collapse.
One of the important thing Tim Morgan says is, “We are, simply stated, likely to be at our point of maximum recorded affluence at the moment when the financial economy vanishes into a black hole.”
I think that this may be true. As I stated in another comment,
Energy supply and growing debt certainly do work together. Growing debt and growing energy supply can make an economy boom. Carrying capacity is raised.
We are finding out now how badly the economy is hurt by falling energy supply. Falling energy supply likely pops debt bubbles, pushing that part of the system down, as well. Carrying capacity may fall fairly quickly.
A state like that would officially make the Headmaster a Fast Collapser. In order to be a well-rounded human being, however, he would admit that the his former desultory position of 15 years or whatever not also vanish into a black memory hole without appropriate self-acknowledgment. He kicked me out because I was calling him out on his longtime bs.
Statement not state
my book written in 2013 does not need updating, apart from a few political names—that is the point i make in quoting from it.
what i forecast then ,has, or is, happening pretty much as i predicted.–laughing about it is your privelege. Doesnt change anything. It’s happened. I care about current affairs. not about your trivialities—those who can—do….those who can’t, mock.
That fits one or two OFWnuts, both past and current inmates.
expecting you to understand that stretches credibility too far.
Fantastic, you told us all so and now have the gratification satisfaction of basking in the spotlight of being among the elite that have done some thank you. , Norman.
There must be a cringe in that somewhere…
Hope you are at least having some popcorn as the show enters its final acts…
We sure have a lot of comical amusing characters running about
Please be assured that nobody is mocking you, Norman. (Although sometimes with this lot it is hard to know that for sure.)You are a well respected member of the OFW community.
Indeed you get far more respect around here than you give, and probably far more than you deserve. But in my book—an above-average pot-boiler about how the fixed morally binding customs of particular groups are eroding over time, entitled The End of Mores— showing respect for others, even when they disagree with one, or are disagreeable, is a sine qua non of civilized behavior, n’est-ce pas?
Given your venerable status and all those boosters you’ve taken, it is only natural that I worry about your health and get anxious when you don’t make an appearance for more than a day or two.
As it happens, many of us have made forecasts, predictions, and projections in decades past that have been borne out by subsequent events. It is gratifying when one’s future scenarios come to pass, but nothing you’ve predicted has been up there with Nostradamus. Anyone familiar with Limits to Growth could have, and probably has, thought along similar lines.
I myself, am particularly proud of the prediction I made in 1992, when the Premier League was inaugurated, that Tottenham Hotspur would never win it in my lifetime! But you don’t hear me crowing about it as if I was a fighting cock perched on top of a soccer ball, do you!
https://styles.redditmedia.com/t5_2ryq7/styles/image_widget_mpizj0etzvh91.png
Regarding your Tottenham prediction I know you were just still bitter that Matt Le Tissier walked away from his Spurs contract at the last minute LOL. I don’t blame you! Le Tissier was the English Zinedine Zidane. The English GOAT imo. Fitting too that he was basically blackballed by the England managers in his prime because England football culture was robotic plus he walked away from that big market contract because he was loyal. Did you know also he got fired during the plandemic for being an antivaxxer? That’s the English GOAT right there. Nobody scored goals like him. Spurs were forever doomed.
https://m.allfootballapp.com/news/All/Le-Tissier-reveals-the-full-reasons-he-believes-he-was-sacked-by-Sky-in-2020/3689105
I didn’t know about Le Tissier’s COVID era antics. He sounds like a sensible lad overall; refusing Spurs, refusing Chelsea, and refusing the jabs.
Like your piece about Norman, Tim. Amen, and hallelujah to that. 😉
My tribute to Norman:
Nice vid! Very funny!
It’s also very interesting that the coffin ends up in the Bridgewater Canal—one of the first canals built in England at the start of the Industrial Revolution—which I think would be Norman’s first choice as a Mastermind subject.
Both Norman and Demiurge should enjoy this disaster video. It isn’t quite Three Gorge Dam level disaster, but there has been some quite impressive flooding following breeches in the canal’s embankment
I think some of the other commenters are a little jealous of your fine work. They hope to be doing half as well as you are at 90 years of age.
lol–ty Gail.
my main theme in commenting is based on the observation, that while OFW comments are ultimately of little or no consequence, taken to a wider application, the vaxxnuts you end up with eventually deliver lunatics like RFK jr, who will utter any nonsense in order to draw attention to himself.
(does that sound familiar??)
This destroys confidence in vaccination, and you get measles outbreaks, the spread of rubella, babies born blind etc, all through a spate of collective foolishness and hysteria and self-promotion.
Yes i know that all vaccinations can have a minimal risk.
RFK jr is just one—there are many more in public office in Trumps governmement, all with the same fixation on ‘self’–no backing in science or the public good.
It isn’t jealousy at all.
I’m sure we all admire Norman’s intellectual accomplishments, such as they are, and his uncanny knack of always being right in hindsight about everything all the time.
And we also overlook his inability to treat people whose opinions differ from his own with basic respect or common decency—labeling them with a variety of pejoratives.
We give him a free pass on that because, after all, he is ninety, so we make allowances. We don’t expect him to behave like a reasonable adult in full charge of his facilities.
But actually, it’s the worst kind of deception when we overlook the bad behavior of other people on the grounds that we feel they have diminished responsibility.
If we all emulated Norman and resorted to name-calling every time we disagreed with somebody, this site’s comments would not be worth reading. Norman gets away with what for others would be considered bad behavior because he’s an isolated special case.
One thing I refuse to overlook is Norman’s persistent promotion of vaccination, which is probably the world’s leading cause of chronic illness and early death in modern times. Surely in 2026, anyone in full possession of their faculties is aware of the needle and the damage done?
We all know by now that injecting people with foreign proteins is a effective way of inducing anaphylaxis and allergies; while adjuvants such as mercury and aluminum in vaccines are among the main causes of ailments from childhood autism to Alzheimer’s syndrome.
“Yes i know that all vaccinations can have a minimal risk,” says Norman.
Although I suspect he doesn’t know the half of it. The damage done by vaccines is not a bug. It’s a feature. You cannot inject that stuff into the muscle without poisoning the recipient.
But as Rachel Maddow told us on Teevee, “Set your concerns aside folks and get vaccinated. Do it for others if not yourself.”
“lunatics like RFK jr, who will utter any nonsense in order to draw attention to himself.”
Glad you mentioned him, Norman.
Here he is waffling on for an hour about the dangers of global warming, the end of snow, the globe is warming, the glaciers are melting, the arctic icecap will soon be gone, and how in West Virginia they are exploding the equivalent of a Hiroshima bomb every week in blowing the tops off mountains to get at the coal beneath….
Crikey, he sounds even more like you than you do.
And you have the audacity—nay, the temerity—call him a lunatic?
Thanks! These are fine observations.
Where the world’s financial system, and all our money, is heading:
Illusions of a Multipolar World
ESC
JUN 04, 2026
When you apply for a mortgage, the bank checks you can repay.
It feels personal — someone sitting at a desk looking through your files. But the rules they use came from regulators, who received them from international groups: the Basel Committee, the Network for Greening the Financial System, and the International Sustainability Standards Board.
These standards now include climate risk, biodiversity exposure, and sustainability rules. A house near a flood plain costs more to insure and is harder to finance — not because your lender chose this, but because a computer model scored the risk against a limit set elsewhere, and changed your rate before you even sat down.
The Monetary Allocation Committee explains how this system was built. In 2013, a London think tank called the New Economics Foundation proposed a body to decide not how much money the Bank of England creates, but where it goes. They called it the Monetary Allocation Committee. It came back as the Green Finance Action Taskforce in 2021 and the Economic Policy Coordination Committee in 2023. The name changed each time, but the underlying structure didn’t.
What’s unusual is that the structure was built before any particular goal was attached to it. The green angle came later. The system accepts whatever goal it’s fed — climate targets, biodiversity metrics, pandemic preparedness, social equity — with equal efficiency. Whoever decides what counts as ‘productive’ or ‘sustainable’ decides where the money goes, and that call was made by a network no voters elected.
https://escapekey.substack.com/p/illusions-of-a-multipolar-world
We need some high-sounding excuses for how funds are allocated. Once a particular set of excuses (Diversity, Equity, and Inclusion, for example) is found not to work, there is suddenly a lot of pushback.
Need to conserve fuel isn’t high-sounding, so it doesn’t get put on the list.
Writing a single 100-word email with ChatGPT consumes approximately the volume of a standard bottle of water, the global infrastructure processing AI queries is projected to use the equivalent of half the United Kingdom’s annual water withdrawal by 2027, and much of that water is being drawn from regions already experiencing severe drought.
The figure for a single email comes from a 2025 peer-reviewed paper in Communications of the ACM by Pengfei Li, Shaolei Ren, and colleagues at the University of California, Riverside.
By Space Daily Editorial Team · Editorial process
Published June 3, 2026
https://spacedaily.com/k-writing-a-single-100-word-email-with-chatgpt-consumes-approximately-the-volume-of-a-standard-bottle-of-water-the-global-infrastructure-processing-ai-queries-is-projected-to-use-the-equivalent-of-hal/
The newer generation of data centres built specifically for AI workloads are larger, more dense, and more thermally intense than the data centres built for general cloud computing in the 2010s. A single large hyperscale AI campus can now consume more water in a day than a town of ten thousand people uses for everything: drinking, washing, cooking, sanitation, agriculture, and irrigation combined.
Boy, and I worry about taking a 5 minute shower or doing my hand wash in a bucket.
Silly me…
As Gail likes to point out…we are being unrealistic
Fresh water seems to be one of the resources we are shortest of. Liebig’s Law of the Minimum will likely severely restrict AI in the near future, because of its need for electricity, electricity transmission lines, and water.
AI is bound to get more energy efficient over time. That’s the rule for new technologies generally.
However, as it becomes more energy efficient, and therefore cheaper, the Jevons Paradox will ensure it is used on a larger scale, offsetting any efficiency gains.
Putting the infrastructure in orbit seems like a potential solution as there is ample energy up there. Cooling hot data centers in space may be a problem but I am sure Elon’s lads are working on that.
I wish Keith was with us. He can wax poetic about this stuff.
Russia acknowledges for first time that oil output is down, blames ‘unscheduled maintenance’
ST PETERSBURG, June 4 (Reuters) – Russian oil production has fallen since the start of the year, Deputy Prime Minister Alexander Novak said on Thursday, blaming the decline on unplanned maintenance at refineries.
Novak’s comments mark the first time a Russian official has acknowledged that output this year has declined.
The world’s third-largest oil producer stopped publishing data on oil production in April 2023, just over a year after the start of its war with Ukraine.
Novak did not state the reason for the refinery maintenance, but Ukraine has intensified attacks on Russian refineries in recent months.
https://www.reuters.com/business/energy/russias-novak-says-oil-production-lower-than-start-year-due-unscheduled-2026-06-04/
Looks like they’ve peaked.
Russian crude oil supply peaked in 2019. That is likely one of the reasons the country is getting into conflicts.
https://www.eia.gov/international/data/world/petroleum-and-other-liquids/annual-petroleum-and-other-liquids-production?pd=5&p=0000000000000000000000000000000000vg&u=0&f=A&v=mapbubble&a=-&i=none&vo=value&t=C&g=none&l=249–197&s=94694400000&e=1735689600000
Article on India importing oil from VZ:
“However, the timing of the initial cargoes suggests they were likely secured well before the recent disruptions, highlighting a longer-term sourcing strategy rather than a purely reactive response,” Sumit Ritolia, lead research analyst at Kpler, said.
For Indian refiners, however, the attraction is not merely geopolitical.
Relatively cheaper to buy but challenging to refine, Venezuelan crude is a heavy, sulphur-rich oil. India’s sophisticated refineries are among the few that can process it efficiently into fuels such as diesel and jet fuel.”
https://www.bbc.com/news/articles/czx29k97kzlo
Has they ever looked at a map?
Vz is half a world away
Hence the discount lol. It helps india get through the BNS anyway. Beyond the BNS, with my expected WAG of an 80pc drop in global GDP, oil use becomes far more efficient because it eliminates all the unnecessary consumption. A tanker round trip to VZ and back might use 6pc of the oil cargo but an 80pc drop in GDP more than makes up for that. Is it ideal? No, but it’s not like the Hand can just wave a wand, it has to play the Hand it’s given.
” The Reserve Bank of India likely sold gold reserves worth roughly $12 billion in the two weeks through May 22, while buying $7.5 billion of foreign-currency assets, BE’s senior India economist, Abhishek Gupta, wrote. The fall came despite a hike in import duties on the precious metal, which should have boosted the value of the bank’s bullion and dollars. This suggests the RBI was selling gold, according to Gupta. ”
https://financialpost.com/pmn/business-pmn/rbi-may-have-sold-gold-to-save-foreign-reserves-be-report-shows
And on the 26th of May the RBI gutted commercial banks of $5B of its best reserves (dollars) by swapping them out for rupees in the name of ‘rupee liquidity.’ The banks are paying(!) RBI to swap dollars for rupees… RBI: the Cannibal King. As if the commercial banks couldn’t lend out rupees against their strengthening dollar reserves, but the nation comes first and the Cannibal King must sell dollars in order to buy rupees in order to stabilize the rupee, which is the literal definition of the of the one-way street that is the throwing of good money after bad money. Given that reality, this self-defeating dynamic is what will soon break the Indian anti-stablecoin regulations such that a two-way street on which financial u-turns are legal and abundant such that Indian institutional bad money (rupees) can chase good money (stablecoins) such that the increased demand for rupees, as represented by the institutional stablecoin purchases, replaced the rupee forex stabilization mechanism that was once the province of the RBI.
Article along a similar line of thought:
https://etherworld.co/rbis-5b-usd-inr-swap-puts-stablecoin-debate-back/
It is interesting that the article notes:
“The sharp jump in gold repatriation in recent years indicates the RBI, like other emerging market central banks, has been increasingly concerned about the exposure of its reserves held overseas after Russia’s assets were frozen by the West.”
Selling gold would seem to be working in the other way.
Gold reserves are being held for a rainy day. The fact that they are now being sold may indicate that India sees today as a rainy day. Their sale can perhaps counter some of the problems the country is currently running into, including high cost of fuel, when it is available.
” A spread of NWS would be bullish for live cattle futures and beef prices, bearish for meat packers, such as Tyson Foods, that need cattle heads, and supportive of animal-health names tied to treatments and parasite control. ”
This is all what they can think of .
https://www.zerohedge.com/commodities/flesh-eating-screwworm-detected-texas-threatening-already-strained-us-cattle-herd
I bet if you keep animals in good pastures (and down there you can do it 12 months) they will be able to shed the parasite on their own. zerohedge really is as bad as MSM.
If that wasn’t the case the animals wouldn’t be here in the first place! But nevermind biology, political germ theory must rinse and repeat the levers of control.
Of course I agree. In Russia is not much better (everything I want to do is illegal), although if you do not go commercial they will leave you alone. China is justified because they have suffered so many biological attacks against livestock.
The uptake for borrowing oil from the SPR was around 55M out of 93M offered. That 55M figure has been reached. What happens now? Those numbers aren’t exact.
I don’t know. I haven’t seen anything with exact terms regarding lending, for example. How soon does it need to be paid back, with how much additional oil? I understand that some bidding was involved. It may be that contracts entered into between the SPR and buyers may vary from buyer to buyer.
Maybe someone who is closer to the situation can add some more.
A very good video on the barnacles problem . 5 minutes .
https://x.com/MarhelmData/status/2061540111079137397
You’ve got this all wrong.
Barnacles are our friend
You must learn to love your inner barnacle
https://cen.acs.org/materials/biobased-materials/Barnacle-proteins-protect-metals-corrosion/102/web/2024/03
Gas Stations in Moscow and Northern Russia Introduce Fuel Rationing
“Some gas stations in Moscow and regions in northern Russia have begun introducing limits on fuel purchases following months of sustained Ukrainian drone attacks against major oil refineries across the country.
Msk1.ru, a Moscow-based news outlet, reported that Lukoil gas stations in the Russian capital and surrounding region have capped gasoline sales at 100 liters (26.42 gallons) per driver.
Gazprom’s gas stations are also restricting customers to purchases of 100-150 liters (26.42-39.63 gallons) for both regular gasoline and diesel, a customer service representative said.
https://www.themoscowtimes.com/2026/06/03/gas-stations-in-moscow-and-northern-russia-introduce-fuel-rationing-a92911
i will check next time. It already happened once in 2023. Of course for me diesel is not restricted in any way.
You live in Russia?
I wish they would let you guys back into the Olympics. Ice hockey is not the same without mother Russia. 🙁
Look at this wild late night “military training” over LA to prepare for the collapse.
https://x.com/Skepticaloptmst/status/2062406183403782406
Here’s some video of it.
https://x.com/ShorealoneFilms/status/2062385596392427784
Looks like their preparing for “Mad Max” situation.
Life in Western Europe promises only to be dull: just a slow steady drift into dreary totalitarianism, rationing and collapse.
But, clearly, all the real fun is going to be in the US!
I do hope the internet stays up so we can watch the drama: all the really imaginative effort of the Hand (for want of a better term) is concentrated there.
PHEV, EV, ICE : horse and buggy :: internet, cell phone : ham radio
Passive abandonment due to costs vs kill switch
Perhaps the planners are thinking of uprisings like the Watts race riots in 1965. These only lasted a few days, however. Longer-term, the situation may be different.
Probably Bolivia riots have the elders worried
A sulphur shortage has ruined the year for farmers. Worst year for fertilisers & agrochemicals.
https://x.com/JoshiEien/status/2062191927643263335/photo/1
Good find Ravi. With the endless screwing around with oil prices look to sulpher prices to see what is really happening. Up 106% ytd and 209% yoy.
“what is really happening.” That’s an art Berman style platitude on the same tired subject.. Are you really going to wait until the price spike to get over your false conspiracy theory about the oil price which has zero substance to it? Because that won’t actively be getting over it with conscious acceptance, it’ll just be by default and, therefore, nothing gained.
The simple answer is that sulphur demand from fertilizer manufacturers is more elastic than oil demand from refiners and trading houses firstly because sulphur is just an input for processing the P fraction in NPK fertilizer whereas crude is the whole from which from which finished products must be processed, and secondly, the profit margins in the fertilizer industry are greater than in the oil industry.
Can you imagine buying a place in Las Vegas or Reno and then the government comes in and says your state is getting 40% less water?
https://resourceinsights.blogspot.com/2026/05/south-by-southwest-water-crises-hits.html
The government ain’t saying less water. The world is saying less water.
But not for data centers.
Can you drink AI?
Hopefully El nino will drop some snow this winter.
We have a department of war to hire people to go kill other people. Maybe we need a department of reproduction to hire people to make and raise future citizens.
In the war department we pay for housing, food, medical care, training, transportation. We also refuse to use low IQ people because they are as likely to shoot their boss as the enemy. The department of reproduction will pay to house, feed, cloth, train, etc. and use only people of high enough IQ to yield a good produce.
We are learning AI tokens are expensive so we will an economical fall back humans.
Japan tried it. It’s minister was someone who wrote a book talking about the joys of a child free life.
Child-free life is really catching on here Japan is the world’s Number One country in terms of population decline:
Japan’s 2025 census reflects steepest fall in population on record, data shows
Japan’s total population has fallen to 123.05 million, according to preliminary data from the 2025 national census, down by around 3.09 million from the previous such survey conducted five years earlier.
The nation’s population has now shrunk for three censuses in a row — beginning with the 2015 survey when it fell for the first time since the government started conducting a census in 1920. With the latest data, Japan’s headcount plummeted by 2.5%, marking the most dramatic decline on record and accelerating from a 0.7% drop recorded in 2020.
The nationwide census is conducted every five years and records the presence of everyone residing in Japan — including foreign residents — asking questions such as their age, gender and employment status.
The latest data, released Friday, positions Japan as the 12th most populous country in the world, down from 11th place after the previous census. Among the top 20 most populous countries, Japan, Russia, China and Thailand all saw their populations decline in 2025 compared with 2020, with Japan showing the largest drop.
https://www.japantimes.co.jp/news/2026/05/29/japan/japan-population-largest-decline/
Ed and Kulm, you will probably disagree with me on this, but I see human IQ as a hybrid of both nature and nurture: genes/heredity may establish the baseline “hardware,”but education, environment, and experience install the “software” that maximizes that potential.
Children can be educated and stimulated to improve their IQ, just as a lack of mental stimulation can depress cognitive performance. Get brought up in a dumb culture, you are more than likely to grow up into a dumb bunny. Exceptional talents emerging like weeds from the slums and ghettos only prove the point.
My momma always said life was like a box of chocolates: you never know what you’re gonna get.
https://www.youtube.com/watch?v=AOEr5FrW-lY
Good video on China.
This video seems to show a very positive view of China. The blurb says:
We thought we had a reasonable picture of China. We were wrong — not a little wrong. Almost entirely wrong.
This is the first video in our series documenting 22 days of private travel through 11 Chinese cities. No tour buses. No group schedules. Just the two of us, with a different local guide in each city, trying to understand one of the most extraordinary countries on Earth.
What we found: streets cleaner than most European capitals. A Maglev train from the airport. Drone food delivery in 12 minutes. A supermarket that is also a fulfillment center. Retired people dancing in the park at 7:30 in the morning. And a question that followed us for the entire trip — how did a country that experienced one of the worst famines in human history in the 1950s become the world’s second-largest economy within two generations?
We bring two very different perspectives. Tressa is American, born and raised in the US, with all the Cold War assumptions that came with it. Zarko grew up under communism in Bulgaria, left as a political refugee at 25, and built a business in Seattle before we retired to Burgas on the Black Sea. When he looks at China, he is looking through the eyes of someone who actually lived inside a communist system. Our questions are completely different — and together, we get a little closer to something real.
In this episode: landing at Shanghai Pudong, riding the Maglev, exploring Nanjing Road and the Bund, visiting the Huawei and Xiaomi flagship stores, discovering HEMA Fresh (Alibaba’s hybrid supermarket-fulfillment center), watching drone delivery in the financial district, and spending a remarkable morning at Fuxing Park with retirees who made us completely rethink what retirement should look like.
We flew business class on Turkish Airlines via Istanbul — a natural hub from Burgas, with fares a fraction of European carriers on a 10-hour flight.
The issue China would seem to have is a hidden financial issue.–Too much debt, and inability to repay debt. Over-building of homes. Also, a depletion crisis relating to easy-to-extract minerals becoming less and less available. China’s problems may be hidden fairly well from a 22 day traveler. I question whether it really goes deep enough.
When will Pakistan, North Korea, Israel, France, England, Germany have a fusion bomb?
Italy, Argentina ?
Iran issues 4 point peace plan. It’s pretty much what it has demanded all along. Phase one is the end of all conflicts in region. To work it has to be relative. There is going to be spats here and there. The rest is pretty much the same. It’s actually all the same. No conflict in region. Unfreeze our money. Then we talk. Then we open the strait.. That money is going into crypto where it can’t be touched the second it gets unfrozen.
It’s pretty much the opposite of Trump. Nuclear first. Open the strait. Then we will talk about unfreezing the dough.
The dough can’t be repoed again once it’s unfrozen but the strait can be closed at any time in the future and clearly will be for any significant military conflict in entire region.
The compromise would be pay as you go. 500 million a month unfrozen. Iran might be willing to let some minor stuff slide if that is rolling in.
Iran is not going to give up the dust.
So. Nothing has changed.
Both sides are playing the basic rule of negotiations. The first person to offer loses. These are not offers. These are waiting for a counteroffer that is in reality the first offer. Lowball is not a offer. We have two low ballers.
Unfreezing Irans dough is tangible. It was stolen fair and square. The only tangible Iran has is the dust. Both sides want the other to front and neither will. The compromise would be unfreezing 500 a month and buying 20 lbs of dust a month. I consider that extremely unlikely. Iran would have soiled themselves to get that deal before the war. Now. Not so much.
Someone has to make a offer to start. That’s the begining. The 4 point peace plan is same as before. Front me the goods. Then we talk. No offer. Nor will Trump make a offer.
Trump’s response will be front me the goods. No offer.
All of this isn’t even possible because of the supreme leaders command the dust must not leave Iran.
More pain. Pain isn’t here yet. Gonna take a lot more pain than this before someone cracks.
There is no deal unless tangible objects are on table. Agreements are worthless. Cash and carry. The second the tangibles are done being exchanged who knows..
If Iran gets there hands on 500m a month unfreeze and 500m a month dust dough they are going to be a regional power that dominates the region. Then who does what doesn’t matter for Iran. Fortress Iran. Militarily. Economically. Politically. Religiously.
Anybody think that will be allowed?
That’s what it comes down to. Iran is demanding they be made a regional power with no equal. Iran is demanding Shia revolution dough. Gonna take a lot of pain before that happens. I don’t know if there is that much pain in the world.
The good news is both side want a deal bad. Neither is capable of a deal. Someone is going to crack. That will take a mountain of pain.
Where will the pain come from? Midterms. Things will interesting by then. There will be pain by then. Political pain. Economic pain.
In a world without the Hand I see Iran as offering a concession with this new four point plan because its original position was a complete withdrawal of US military assets from the region. But like you say, obviously that’s not enough.
In the world with the Hand it al.almost feels like the Challah Inshallah Bread Ceasefire has about run its course. In other words, the feathering of the sledgehammer that is the BNS about done and the clutch is about to get burned up in a cloud of blue smoke. And the smell, oh the smell. Now ya done it, Hand. Now the Hand has the shortages coinciding with the violence for the first maximum horror that the American Coup requires.
But we’re probably still a little bit early for that, glacial pace that it is at which civilization moves.
Speaking of which feeling like it’s almost time (I’m referring to my comment of 15minutes ago that has yet to post), Nawfal and Larry Johnson are reporting right now on live stream that Pezeshkian phoned Pakistan’s Sharif on an unsecured line and told Sharif that Iran now has nukes, and the NSA was listening in. LOL. Thee Hand loves to go big.
So Nawfal, Johnson, and Pepe Escobar are all all taking a bow right now. Sorry MOA lol.
Yes, feeling like it’s almost time.
What purpose does a fission nuke serve? A 10 by 10 block chunk of Tel Aviv which could have been done by 12 missiles. OK with the nuke you will want to stay away for four years to allow it to cool.
AI says that a fission warhead the size of what was used in WW2 deployed for a ground detonation would destroy an area of about 5 square miles. Detonated at 1000ft above the ground it would destroy 25-50 square miles.
google says
AI Overview
How did cleanup in Nagasaki and Hiroshima proceed following …
The atomic bomb dropped on Hiroshima on August 6, 1945, completely destroyed an area of about 13 square kilometers (5 square miles). The resulting blast and subsequent firestorm leveled everything within a roughly two-kilometer (1.2-mile) radius of the detonation point, destroying roughly 63% of all buildings in the city
The question is how many Iranian missiles are needed to destroy the same 5 square miles?
from google
AI Overview
Destroying an area of 5
square miles with conventional Iranian ballistic missiles would require between 10,000 and 20,000 missiles, as each conventional
to
warhead produces a lethal explosive radius of only about
to
meters. With a single nuclear weapon (
), the destruction of
square miles requires just 1 warhead.
I guess I exaggerated the destruction of one missile.
More than it has and way more than it can fire off before it gets nuked.
Obviously if Iran has nukes then it has a handful and not just the one.
A single hydrogen bomb can destroy anywhere from 40 to over 300 square miles of a city with its direct blast and thermal effects, and leave thousands of square miles uninhabitable due to fallout. The exact area of destruction scales directly with the explosive yield of the weapon, which is measured in megatons (Mt
A fusion bomb (also known as a thermonuclear weapon or hydrogen bomb) cannot be built through simple DIY modifications; rather, it uses a complete fission bomb as its internal trigger to generate the extreme heat and pressure required to initiate nuclear fusion.This two-stage configuration is based on the Teller-Ulam design, which pairs a fission “primary” with a fusion “secondary” inside a single radiation-reflecting casing.+———————————————————+
| THERMONUCLEAR WEAPON |
| |
| +——————-+ +——————-+ |
| | FISSION PRIMARY | =======>| FUSION SECONDARY | |
| | (Triggers Blast) | X-Rays | (LithiumDeuteride)| |
| +——————-+ +——————-+ |
| |
It is not a DIY project. Don’t try this at home. It is dangerous.
Considering the raw power of nuclear weapons larger geographic nations have a real advantage in a nuclear or thermonuclear exchange. A large nation with even a few fission devices might fair better than a small nation with thermonuclear devices. Small nations really have no chance of strategic parity with large nations in regard to nuclear weapons particularly if population centers are targeted. Thus a small nation armed with nuclear weapons must do everything in its power to prevent larger geographic nations from aquiring nuclear weapons.
My perspective is the deterrent of mutually assured destruction has severely diminished. The premise is because nuclear weapons are unthinkable a nuclear war is unthinkable and a high level of conflict is unthinkable. Instead what is witnessed is the exact opposite. Because nuclear war is unthinkable conflict has no bounds it is thought no one will pull the trigger. How silly. As bugs bunny says “they don’t know me very well do they”.
But even as the deterrent of mutually assured destruction proves ineffective it really can not be established between a nation small geographically and one large geographically. The solution is alliances to gain a larger area to turn into fire and irradiate. If that is not possible then a small nuclear armed nation has only disturbing choices if the doctrine of action to prevent existential threat has been adopted. The doctrine of existential threat goes hand in hand with possession of nuclear weapons but the implications of this ubiquitous policy are very different for geographically small nations because the deterrent of mutually assured destruction can not be achieved if larger nations with delivery capabilities aquire nuclear weapons. With the exact same doctrine the set of choices are very different for a geographically small nation than a geographically large nation.
I reiterate. The idea that mutually assured destruction is a effective deterent is the stupidest most dangerous idea ever conceived. The idea that these devices make us safe is demonstrably false. Unfortunately this suicidal philosophy appears hard to abandon for humanity.
One thing can not be denied. Humans are very good at creating heat. It appears to me that will be our species legacy. Nuclear weapons are a very sophisticated exercise in entropy.
‘Pzashkin said, “If American threats persist,
11:02 we can go for the detonation of a nuclear device on Iranian soil.”‘ ?
Prove they have one with an underground test.
Correct Reante. That’s the way all the nations have proliferated not talk.
If we wish to survive their must be viable paths to non.proliferation not proliferation.
Iran was the poster child for non.proliferstion under JCPOA.
A agreement that took years.
A agreement ratified by Congress.
A agreement where every gram of uranium was strictly monitored and kept below 4 percent.
A agreement where every centrifuge was known and monitored.
A agreement that Trump unilaterally exiited n his first term. If he had not done that there would be no 60 percent.
The one person most responsible for Irans progress toward a nuclear weapon is Donald J Trump.
Perhaps more catastrophic is the example of what happens to nations that strictly comply with non.proliferstion.
I’m no friend to Iran but the importance of this matter can not be understated.
Trump has created a situation where nations have every reason to proliferate and none to non proliferate.
Sooner or later that will be the end. Right now looking like sooner
Nice one dog but as you know I believe that fingering the Trump vehicle is just a manufactured consent attempt to pin the tail on the donkey while blindfolded.
The current, regressive nuclear weapon proliferation dynamic is exactly the same Problem Reaction Solution herding agenda that has been and is currently, regressively going on with the nuclear power political push proliferation dynamic.
In order for the DA to keep a fast-collapsing nuclear civilization from collapsing chaotically into nuclear devastation, the Hand needs to pull the true (collapse) consequences of the evil nuclear twins to the political present in order to forestall the consequences.
Quite possibly true Reante. I have no idea whose Trump’s masters are. If he is a errand boy he is the proliferation errand boy.
I’m afraid it’s too late for non proliferation. That means it’s only a matter of time.
Thanks dog. I agree insofar as that means it’s only a matter of time til the Big Nuclear Scare that is the climax of the Problem stage of the Problem Reaction Solution herding program. The reaction be universal horror and revulsion and the solution be the anti-nuclear Global Peace Accords.
You know Reante I’m no stranger to the way peoples fears are used. I understand there is problem solution shaping going on. It may well be why we had a US president exit what was really the first attempt at negotiated non proliferation in history. It could be because someone wants to tag a hole lot of baggage to what is called non proliferation in the future.
On the other hand it could be the world has lost its mind and has lost fear of. A thermonuclear exchange. Actually your explanation makes sense. Don’t discount the amount of stupid narcissistic people on the world. IMO could be just as simple as that. Of the two speculations yours is by far the more optimistic. It would infer there is no real risk because a plan is in effect. The other possibility is we have just as many unpredictable and irrational players with great power as things appear. The narrative.
The DA is not optimistic, dog. I don’t deal in emotional projection. In fact the DA is the opposite of what I would choose for Collapse. I would choose the unmanaged Collapse that you are falling for because I loathe People Farming. Unmanaged Collapse would be exhilarating. This is loathesome and isolating because it turned my Collapse commentary into a Sissyphean effort to essentially evangelize reality like the protagonist of Plato’s Cave, but I make the most of it because that’s how I approach life in general.
The bottom line is that if you were never someone who could never be open to illuminati-type theory, then the DA is not something you will ever see for yourself unless my predictions become too accurate and numerous to ignore. And even then you might never get over the hump and just it up to beguiling hearsay. Norm gonna be looking at Tulsi Gabbard in the headlines every day and the randy old boy ain’t even gonna bat an eye at her ascension. For him its just gonna be Collapse working in mysterious ways. Free metaconscious will is a double edged sword.
A more pertinent question is: When will Bibi get a Death Star?
Wouldn’t surprise me. After Ayatollah #2 went #3 may have given the go ahead. Ted postal hads commented on this extensively.
Just how far reaching Ayatollah #2 fatwa went is unknown. Some believe it allowed progress be made except going past 60 percent.
It’s possible acceleration occurred after the June war.
Postal has commented it don’t take much to get that 60 percent to 90 percent.
Iran has certainly proven themselves quite technically competent.
Larry J is a bit wild. Not sure how accurate he is. He claimed Iran was going to do a nuclear test a long time ago.
Iran demonstrating nuclear capability would certainly end the impasse one way or the other. That would be very bad. IMO it wouldn’t be very smart for Iran. Iran has always played the long game. All of a sudden they would throw caution to the wind?
Ultimately justice must look at all interests including non combatants. If the threat is existential it is common to think they can be sacrificed for the common good. Perhaps true if a nations back is against the wall. As nations put winning above the best outcomes for the people justice fades. IMO that is the mark of a true leader. Empathy with the best outcomes for the people.
If these nations that are involved are willing to create starvation and destroy the world economy than use of nuclear weapons is just more of the same. None of these things represent justice IMO.
IMO IRAn is in the driver’s seat. That means it’s their job not to corner their adversary. It’s their job to provide some sort of out.
That’s the trouble with victim mentality. It encourages thinking only the victims rights are important. Victims rights are very important but not if something that amounts to destruction of the innocent is created. Victim mentality does not encourage giving the opponent a out. Hollywood portrays that victims are justified in any action. I disagree. Nothing excluded responsibility to try and manifest justice for both victims and innocent. This is the inherent flaw of disregarding consequences as a tool. Ultimately it fails. Disregarding consequences seldom allows justice. Either before or after that failure.
I don’t think the North Korea model applies for Iran. Should Iran demonstrate nuclear capability I don’t think it would create even a uneasy mutually assured destruction standoff that is called peace.j.
Disregard for consequences can be very powerful but it seldom reflects justice no matter what Hollywood portrays.
Too bad we don’t have time. With time perhaps more desirable outcomes could manifest. That’s is a terrible thing in this situation. Time is not available to manifest perspectives that are less radical.
Yeah we’ll have to see how this turns out. If it’s true theater then it would explain Trump’s cussing out Bibi on the telephone and Israel suddenly stopping it’s Lebanese operation.
One thing I do know is that it isn’t remotely reflective of reality that in this situation the Iranian president would telephone the Pakistani president to tell him the good news let alone while the NSA is eavesdropping. If this high theater turns out to be true, then Welcome to the DA’s plandemic 2.0.
I should probably retract my comment on how realistic the unsecured phone call was because I’ve now listened to the full Larry Johnson interview and apparently Rubio was contacted by the Pakistani foreign minister regarding potential Iranian nukes though I don’t know what the sequence of the two events was. But that suggests that Iran is playing it above board and just going through Pakistan assuming they do actually have nukes.
I’m going with it all being BS(yet again). Go back a week and follow the build up to this point(they started running this and assassination attempts(from them, hilarious)).
I almost mentioned it, but thought it too obvious to be true. Stupid me, still expecting them to be a bit subtler. Take no notice of lying Larry, piss taking Pepe, or whoever the other moron is. I can write them a better script, but they won’t get payed for reading mine.
2 weeks away, still working after 33 years of it being continuously proven wrong. If it’s anything, it’s prep for a false flag and reading how everyone has reacted to this, they’ll believe it as well. The herd moo’s on demand.
Is the story still that Iran will detonate a bomb on its own territory as a show?
https://youtu.be/pXI1PDTp5gk?si=afqSrVAMI5zbIc1F
Funny. If it’s BS it could be a literary device to further amplify Trump’s endless vacillations in the face of shortages. It’s one thing for Trump to endlessly vacillate before the shortages arrive, but for him to do so after the shortages arrive requires a better reason, like a supposedly nuclear Iran. Is or isn’t Iran bluffing as the great question endlessly based out by the pundits.
The US survived hundreds of coyote explosions at the Nevada test site so I figure Iran would survive one too. If it hasn’t already if we are to believe last year’s conspiracy theory that that Iranian earthquake in the desert had the seismographic signature of an underground nuclear test.
The day before this “story” broke, western press were spreading rumours that Masoud Pezeshkian was quitting and then, a man that’s just handed his notice in, that has no say in these things and who wasn’t at negotiations, blurts out that(according to a source). When’s his hanging taking place?
Has anyone looked to see how this stunning news has been received in Iran?
I’ve tried to consider what Iran would gain by coming out with this, at this time. Ghalibaf travelled to the last couple of negotiations and he’s about the only one that could with any veracity. He’d no doubt enjoy that game, but I don’t see any real advantage, given the timing and Iran’s larger considerations.
I’m sticking with agency BS, spread by an agency man, in another vain attempt to justify deadly idiocy and the coming consequences of said idiocy. So yes, a story to cover previous and coming actions, as well as the repercussions and what better story than the one that’s been so consistently wrong, for so, so long. A true test of the people’s faith(the people seem to have abundant faith, going on previous).
If Iran was about to do as they(agency) say, you can 100% guarantee they have an ICBM ready and waiting. How about a nice picture of a big missile with something threatening written on it, to stir the bns pot.
There was this
https://english.masirahtv.net/post/56073/Iranian-MPs-Call-for-Longer-Range-Missiles-to-Reach-Offices-of-Ayatollah-Khamenei-s-Assassins
The headline on this link is:
Nearly 90 members of Iran’s parliament have vowed to support the armed forces and defense industries until the range of Iranian missiles increases to reach the offices of those who assassinated the martyred Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei.
This sounds like they are working on an ICBM missile (or already have such a missile) which can reach Washington DC. They also mention that they are no longer retaliating in an “eye for and eye” fashion. Worse retaliation can be expected in the future.
“Worse retaliation can be expected in the future”
I think that future arrived the other day. The US attacked twice and both times Iran hit multiple targets in reply, including the command centre, that’s now on a US warship(because the Bahrain base is mostly dust).
Was it at this time, that the nuclear non event was first aired? Warship must of been hit hard(look out for military suicides(grunts), training accidents and helicopter crashes(officers)).
Great link Fitz. The radical nationalists calling for more democracy in Iran. Love it. Calling for ICBMs amid the nuclear warhead rumors. Calling for a literal death to Amerikkka and no longer a rhetorical death. Now the radical South Africans are going to have to literalize their rhetorical call for death to the Boer lol.
Here’s a link saying that the Pakistani foreign minister is denying having told Rubio that Iran has nukes and that, likewise, Rubio denying having been told that. The obvious third way view could be that Larry is actually right and, naturally, it’s all being denied by the governments for obvious reasons.
https://www.google.com/amp/s/www.dailyparliamenttimes.com/2026/06/04/fo-rejects-claims-dar-shared-iran-nuclear-intelligence-with-us-warns-india-against-weaponising-water/%3famp=1
Thanks for that. I don’t look at Pakistani media, but maybe should.
They already have the missile. If you can send things into space, you can nip across an ocean with relative ease and their late stage targetting is second to none, at least in a recorded active environment.
Better link
https://www.dailyparliamenttimes.com/2026/06/04/fo-rejects-claims-dar-shared-iran-nuclear-intelligence-with-us-warns-india-against-weaponising-water/
Fitz excellent point regarding ICBMs. They may have built some but without ever having tested them what do you actually got? Still, you’re right, it does constitute a level of deterrence to the US for sure, but only if paired with a nuclear warhead. Right? The two technologies go hand in hand. A conventional payload is not a deterrent to any country during zero sum existential warfare.
Another conventional thought, that Iran could shatter?
They have been clear that they have no fight with the average US citizen.
They have also been clear where the blame lies.
An Oreshnik type missile drilling down into that Pentagon bunker(I’m sure they already know far better targets) might just get a cheer from the locals and cause the Russian population to demand an Iranian military doctrine.
None of this will happen unfortunately, much like Iran building the bomb.
If the US uses them and they seem desperate for an excuse(losing), I hope they work just like the patriot in Kuwait and return to sender(a bit troublesome, given where some of the bombers take off from, but still the correct thing).
I hear loose lips Larry has been moved on to the next tale, of a massive deal(no mention of the coming bombing though), where Iran agrees not to build a bomb and then the Iranians all look at each other and say “3 fucking decades, to get a simple sentence through their thick skulls. It’s like trying to teach them geometry all over again”, then everyone laughs(except the white people, who have no idea at all, what’s going on).
Oman got its slap for being independent today, but thankfully western drones are shit and it missed the target, so back working again within a couple of hours.
https://en.mehrnews.com/news/245049/Explosion-halts-oil-loading-at-Oman-s-Mina-al-Fahal-terminal
If that came from the UAE, that’ll be the end of Abu Dhabi, as they were just offered a way out of their self made mess.
On a personal note. You won’t agree with the main point in the article, but maybe enjoy it anyway(title gives it away). Thoughts on the video at bottom would be welcome.
https://cloudwoods1.substack.com/p/alabama-barks-at-the-moon
I can’t read that on substack as it’s age restricted in my shithole and I refuse to do that anywhere, which eBay just stopped me buying some turning chisels for as well, even though I’ve sold stuff on eBay over 20 years ago and my account is still linked to the same bank account in my name(where’s the intelligence in the algorithm. Looks more and more like a control vehicle every day).
as long as prices stay up for oil then the continued disagreements between America and Iran are beneficial for the world’s economies.any talk of agreement or opening the strait is no good as the oil prices will drop and unconventional oil becomes economically unviable.the aim is for oil prices to find a Goldilocks range that becomes the floor for oil prices.200$ would probably be perfect for making quite a lot of unconventional oil economically viable.
We here knew this months ago
Exxon is saying that oil prices will rise to $150 to $160 in coming weeks .
https://x.com/JoshYoung/status/2061220589151367447/photo/1
A rise to a high level, even higher than $150 or $160 per barrel, could be ahead. The question is how long high prices can stay that high. Countries will tend to head toward recession with high oil prices.
“Falling Global Oil Inventories: Why the Bullish Narrative is Overhyped”?
https://anasalhajjieoa.substack.com/p/falling-global-oil-inventories-why?utm_source=post-email-title&publication_id=1222998&post_id=200411968&utm_campaign=email-post-title&isFreemail=true&r=nm2q&triedRedirect=true&utm_medium=email
The ‘price’ isn’t important. It is manipulated as we know.
There’s Age of Gaslighting jawboning to be sure but the price is still based on supply and demand.
To foolish fitz , much wisfhul thinking
The reality , manipulated goyim fighting and killing each other while the tribe rub his hands in the background .
Putin is a compromised ZOG who failed miserabily in the so called SMO , China is a military chicken and Iran dont have the resources of these two and has been crippled , these two had years before the war to sell them modern figher jets ….
Result , Syria and Venezuela gone , Russia attacked daily with drones , Iran crippled , south lebanon destroyed , somaliland-UAE-Israel pact , sudan and much more to come via control of social media , elections frauds with tribe puppets coming to power like in south America etc .
Most of the goyim are barnyard animals that are easily herded …
Enough with the multipolar bullshit , that ended with putinberg failure in jewkraine .
He and his buddy medveded needed permision from Netanyahu to sell military equipment to assad , enjoy the zionato ukro drones now .
The epstein Nostra is united , the multipolar bullshiters not , their contradictions are easily exploited by the chosens
I wonder if your somewhat cryptic comment is referring to a headline today:
https://www.wsj.com/world/russia/ukraine-strikes-st-petersburg-ahead-of-putins-economic-forum-8b6a1dba
Ukraine Strikes St. Petersburg Ahead of Putin’s Economic Forum
Attack on oil terminal and naval base came as guests were arriving for the forum where Russian president is expected to speak
The damage caused by Ukrainian drones is embarrassing for Putin, who has sought to shield ordinary Russians from the war he launched more than four years ago and has dubbed a limited “special military operation.”
St. Petersburg is Putin’s native city, and the economic forum is a high-profile event attended by business people from across the globe. It is frequently touted by Russian officials as evidence that their country is far from a pariah state despite the war in Ukraine, and that Western sanctions haven’t stymied innovation—even though the level of attendees has slumped.
We know that Ukraine has threatened to retaliate by bombing European cities that help supply Ukraine with drones. He even suggested using nuclear for this effort, I believe.
In London, I see busses with advertisements aimed at getting young people to volunteer for the army. No country seems to be doing outstandingly well. London has some fancy areas, but even those fancy areas have quite a few baggers. Less fancy areas are not looking very good, based on my limited viewing.
Even the farmer we talked to in Norway was complaining that food prices are too low for farmers to make a reasonable income in Norway, today. He wanted Norway to join the EU, to perhaps help farmers.
Nat…don’t do it.
That was my thought as well, regarding Norway joining the EU. Things are bad, if it gets to this.
Things are also bad if it gets to Ukraine bombing European cities. Very bad. 😁
Yes Putin is controlled. China has 4000 year history of not using military force outside of China to protect China.
Getting Japan to attack China is brilliant.
When will Russia fall? When will China take ownership of Siberia? When will US drafted kids start dying in the middle east for greater Israel? If they are unwilling too resist they deserve what they get.
“Barbar pierre
Yes, the echoes of Stalin’s wishful thinking are strong in Putin. His persistent begging since 1999 to be considered an “equal partner” in Imperialism is nauseating. He was strung along for 22 years, while trying to earn kudos in Washington with numerous UNSC votes from Russia in support of Yanki sanctions/aggression against/occupation of other nations, e.g. Afghanistan, Iraq, Libya, Yemen, whereas their plan was always to fracture & disarm Russia and provide Putin a similar fate as Milosevic, Hussein or Ghadaffi.“?
https://www.wsws.org/en/articles/2022/12/22/ffci-d22.html
Looks like the situation escalated last night and the Kuwaiti airport was hit.
https://www.zerohedge.com/geopolitical/major-iranian-attack-kuwait-international-airport-leaves-one-dead-63-injured
Fake. There is no war honey.
I know you miss Fast Eddy but try not to beat yourself up about it.
It’s hard to believe the war is real, for some people, when there is very little coverage of the war in the media. It looks like the gov has decided that the best pubilicity is no publicity at all.
On a more serious note, industrial warfare seems to be resource intensive. There have been claims made that state that the u.s. barely have enough materials to make missles. If those claims are true, how can it sustain wars on multiple fronts?
These wars are designed to militarily exhaust the hegemon because Phase 2 must be anti-imperialist, so to ensure that anti-imperialism, during Phase 1 you make it such that imperialism becomes structurally impossible. Controlled demolition.
And this only has to happen for the US because it is the only global hegemon.
Good thing we now all have cheap huge TV’s + free phones to keep us all “informed”.
Yeah thank goodness we get to experience peak news addiction.
The WSJ has a similar article, with a video of the attack. It claims similar results.
https://www.wsj.com/world/middle-east/u-s-iran-trade-heavy-fire-in-persian-gulf-testing-fragile-ceasefire-d4787573
An enemy will agree, but a friend will argue.
– Russian Proverb
A person has to put more effort into disagreeing.
Diesel inventories are crashing
But the real story is that buffers everywhere are disappearing:
Oil reserves
Household savings
Corporate balance sheets
Government finances
Central bank flexibility
The Hormuz crisis has exposed that the market never gets the future right .
https://x.com/aeberman12/status/2062168793246265710/photo/1
I’m surprised more people aren’t talking about this. California will hit tank bottoms for jet and diesel by July 4th.
The Asian import arbitrage is dead, local refining is tapped, and none of this is reversible for 12-18 months.
Could this be the Energy Crisis’ Lehman moment?
https://x.com/CaptainRoyen/status/2061855706282647610/photo/1
California is running out of oil. That’s why they are closing refineries.
California has multiple problems:
1. California can’t buy oil from the Far East because of Middle East problems.
2. California’s own production is declining, making production unprofitable, and pushing companies to leave.
3. The state has been discouraging oil companies for many years. With more encouragement, California could perhaps found more oil (perhaps offshore), or improved techniques for extracting heavy oil available in the state.
The market doesn’t have a choice but to be fatalistically bullish because Collapse is its fate.
Agree .
The market only goes up, until it is forced to collapse. The debt bubble holds it up. Once the debt bubble collapses, and can’t be re-inflated, the market will collapse.
Perhaps the end of the AI bubble will be the start of the market collapse.
I am afraid Art Berman is right on this one. Too many areas are short of supply.
Building a new hospital in the East of Slovakia, near the Ukrainian border, turned into building a Babylonian tower:
The twenty-three columns that are to be demolished due to poor-quality concrete at the construction site of the military hospital in Prešov will probably not represent the entire loss for poor-quality work.
https://www.sme.sk/domov/c/na-stavbe-nemocnice-v-presove-budu-zrejme-musiet-zburat-dalsie-stlpy-pripustil-kalinak-s-krizkom
no prizes for guessing who paid for the monster. Putin can not send a couple of Oreshniks into Brussels fast enough.
Waiting for the tanks to bottom out and remembering Einstein’s quote on insanity .
https://www.zerohedge.com/geopolitical/trump-team-proposes-new-tariff-round-60-countries-over-forced-labor-practices
Every time someone brings up the ” doing the same thing over and over again and expecting different results is the definition of insanity.” I think about that guy loading straw on the camel’s back.
And the Trump administration’s repeated ability to manipulate the price of oil is more like that guy with the straw than someone with a sane rational plan to contain the price of oil.
We need to slowly reduce imports, using one excuse or another.
This is complete reversal of u.s.a. policies since the 1970s. Although some people claim the u.s. started on the globalist service economy path since 1945. It remains unclear as as to whether this is just a short-term shift that will reverse when a different political party is in power or if this is a long term trend.
“To service the interest on $8 trillion in capital at a conservative 10% borrowing rate, the AI ecosystem would need to generate approximately $800 billion in annual profit, a number that currently exceeds the combined net income of every large technology company in the world.”?
https://x.com/_Investinq/status/2061549481230049736?s=20
This does look like a problem.
Not just the Colorado river
Mississippi River at 28 percent.
Flow reverses gulf of Mexico (gulf of Trump) salt water enters
https://m.youtube.com/watch?v=NAy2yqpDsa4
There are companies selling cruise tickets on the Mississippi River. This sounds like a bad idea.
More punches being thrown.
Yes that’s a plural.
It seems like the onesey twosy thing is now a threesy foursy thing.
But it’s not a fight
Mostly
https://m.youtube.com/watch?v=uchIKTuLAUo&pp=0gcJCSgLAYcqIYzv
IMO these new attacks by Iran represent something new because of several things. First of all Iran ending all communications about a memorandum just two days ago. They readfirmed hostilities must end o all fronts. They communicated Yemen would enter if hostilities are. Recommenced in full. . The scope of these new attacks while not devastating was significant. I read it as not a tit for tat but a communication of willingness to return to all out war. Iran has from the beginning communicated that cessation of hostilities was necessary on all fronts for any agreement. This obviously is not going to happen. I had assumed that Iran knew that so I
iran wanted to let time pass in a stand off. It appears I was wrong. Iran thought that a cessation of hostilities on all fronts was possible. I think what we witness is they understand that is not possible. It appears that they are willing to return to war because of that.
Because these attacks were significant a response that was equally significant. It’s quite clear that would be tit tatted with a even greator attack. IMO Iran will escalate in response to any attack not tit for tat. This could be considered “calling a bluff”.
Simply put Iran has decided that they are willing to return to all out war of hostilities across all fronts do not cease. Iran is not willing to wait until economic disaster puts pressure on the USA to withdraw. Iran is willing to use escalating military force until that happens. And if the USA withdraws it will change nothing. Iran will continue to use military force if hostilities continue elsewhere. That’s what I think we witness. Iran has fully committed to make those fights it’s own regardless of consequences. The hardliners have fully consolidated power and are acting on their beliefs. Beliefs that regard martyrdom as noble.
Three months has passed since the previous supreme leader was killed. Then war immediately ensued. This nebulous cease fire provided a period where Power bases and decision making was defined as well as both philosophical and operational strategies. I think what we are witnessing is the results of that transition emerging. Iran has leverage and they are not going to be shy about using it. It also signals a resignation that a return to war is probable.
Iran wants a showdown. IMO this is very ill considered when facing nuclear armed opponents and the apparent if somewhat opaque basis of their decision making.
Even assuming a world without the Hand and the Hand’s DA, I don’t agree. It is patently obvious that the US is not agreement capable and, worse, habitually use negotiations as political cover for war strategy. As Pape is always hammering on, look at what military forces are doing and not what the gaslighters are saying. The US is continually building up troops in the region.
Also, I just got done with today’s Nawfal-Nance conversation and Nance characterizes Iran’s latest response as horizontal. The US took out a communications tower on Queshm island and Iran sent pairs of ballistic missiles to US bases in four countries while knowing full well that they would be intercepted.
In a world without the Hand, I think we should be very careful about armchair quarterbacking any country’s military strategy for obvious reasons. In a world with the Hand and a BNS, the US strategy can be armchair quarterbacked by a blind deaf and dumb 8yr old with Downs Syndrome because King Lear.
“Iran sent pairs of ballistic missiles to US bases in four countries while knowing full well that they would be intercepted”
Intercepted by US and British troops you mean, because Iran has made it abundantly clear to the whole world that US missile defence is useless junk?
“When ‘America’ tried starting something on May 31st, Iran rapidly re-trained them. An American and British soldier (same thing, White Empire) were killed in ‘training accidents’. The White Empire dishonors its dead like this, but this belies the greater lesson taught by greater powers. In short, the White Empire is doing what White people always do. Lying.”
https://indi.ca/persian-gulf-war-over/
Screenshot of official announcements in link. At least they didn’t claim suicide and steal any payout from the family(probably Officer class), which is how they usually deal with the inconvenience of sending idiots abroad.
Right thanks there was the Iraqi incident the day before in response to the previous US strikes on the Iranian fast boats that caused casualties I believe it was. Horizontal response.
I am also curious as to what did they use to intercept missiles. If it is a weapon, Israel is saved! Because there are so many videos from Tel Aviv getting out in the open, and Patriots and THAADs do not work. and if they have them, why do they not share them with the poor Jews who have suffered so much from the world’s hatred.
“I am also curious as to what did they use to intercept missiles”
Equipment, buildings and bodies, exclusively, as reported even by western press(although they didn’t report the bodies for some reason), when they looked at the satellite pics. Here’s the latest view of winning
https://english.almayadeen.net/news/politics/satellite-images-show-impact-of-iran-strikes-on-gulf-us-base
I wonder if Iran’s wording for a deal demands the US keeps out if squatters continue slaughtering children. The US may not realise what a win for their tarnished reputation that would turn out to be.
I believe it was supposed to be patriots given that the footage yesterday of the the one SAM that malfunctioned and blew itself up over a neighborhood was believed to be a Patriot. Yesterday Malcolm Nance said that if there’s only a couple ballistic missiles they’re gonna get shot down. Today when the news came out about the Kuwaiti airport attack he said that it was from Shahed drones that arrived later.
Iran is just taking initiative from the USA and ending the death by a thousand cuts pinprick strategy. “You do anything other than negotiate in good faith and live up to your word, and you’re going to get smacked hard. You do not get to attack us whenever you want and get off scot-free.” Makes sense. If USA can initiate whenever it wants and Iran responds only symmetrically, that means USA controls the pace, scope, and timing of events, which is to its advantage.
You make very good points:
IMO Iran will escalate in response to any attack not tit for tat. This could be considered “calling a bluff”.
Iran has leverage and they are not going to be shy about using it. It also signals a resignation that a return to war is probable.
We can hope you are wrong, but you maybe right, unfortunately:
“Iran wants a showdown.’
So where in the world are you currently, Gail?
I am leaving my ship tomorrow morning for a couple of days in London before flying back to Atlanta on Saturday.
Tips for London, Gail, if you are not on a guided tour:
1/ Avoid Oxford Street at all costs.
2/ If you wish to see the Houses of Parliament, do so from the opposite bank of the river, as it is nightmarish around the building itself, and the view is the classic one.
3/ Tourists are told that Camden Lock Market must be visited. It’s not worth seeing at all and far away from the real centre on a nasty metro line.
4/ For something very special, and very English, the Temple which is on Fleet Street, has some of the loveliest old buildings in London, the beautiful peaceful Fountain Court, a rare Templar round church, and you can now get refreshments at a cafe and bar with terrace. I rarely see a tourist there. St Paul’s cathedral is also just up the road.
Good choices and if Gail goes to The Tower, there’s also St Dunstan in the East, which is charming, although the weather isn’t the best today(or tomorrow). Talking of The Tower, a tour with a Beefeater guide is supposed to very good.
for once i agree with Xabier—the templar round church in fountain court is not to be missed, in the heart of London, yet very few people there, just quiet and peaceful….visitors just dont know its there.
And, if you visit the Temple, very close by indeed is the Old Bank of England pub, which has a grand historic interior, as it was the second branch of the BOE; and the Old Cheshire Cheese pub is 17th century but I wouldn’t recommend the food there.
Thanks for the tips.
Is Big Pharma Hiding an Ancient Formula that could Save Humanity?
Lydia Pinkham’s Famous Formula Could Have Reversed the West’s Collapsing Birth Rates. Why did Big Pharma Change the Formula, and Harvard University Censor its History?
https://naomiwolf.substack.com/p/can-a-secreted-away-tincture-compounded
======
This is a very long post by Naomi Wolf.
EXTRACTS
Women are not okay. Babies are not okay. Fetuses are miscarrying at scale. Female reproduction has been distorted and, in essence, sacrificed. Equipped with research resulting from the work of 3500 heroic volunteer doctors and scientists who read through The Pfizer Papers and issued 109 reports, we brought the world, week after week, reports of a biological apocalypse.
The mRNA vaccines’ were disproportionately aimed at certain countries: especially the West. This is the result: birth rates have collapsed in the US, Western Europe, South Korea, Japan, and, interestingly, China; but the Arab world and Africa show much more robust reproduction. There is an absolutely predictable crash in birth rates. It was a geographically curated culling and sterilizing campaign. The US has now reached its lowest birth rates in its history — 1.6 babies per woman.
Yet Africa possibly has the most serious population imbalance, with many people aged under 30 and families of above two children common. Africa’s population was forecast to rise from one to four billion people by 2100. At the moment, world numbers are roughly
Europe – half a billion
Americas – one billion
Africa – one billion
Asia – the other 5.5 billion; India and China each have over one billion
If TPTB wanted to target the people with the most ‘wasteful’ lifestyles they could have aimed at North America and Australasia, not western Europe or Japan.
dont be utterly ridiculous dem….there is no ”plot” by big pharma,
birthrates drop because…
1 ….women are now in charge of their own reproductive system…
2 ….babies are becoming unaffordable because both partners need to work in order to survive financially..
There is some truth in that you write, Norman, but it way doesn’t explain everything. Funeral director John O’Looney and former Vice President of Pfizer, Mike Yeadon, were very quick – as early as 2021 – to spot serious irregularities as regards vax-related deaths and injuries. They also made videos about them, which were mostly censored, at great risk to themselves. Then there was the repo rate spike in September 2019, eventually leading to the lockdowns as a cover, to avoid a meltdown worse than in 2008. Event 201 was staged in October 2019, envisaging a coronavirus type scenario, which hey presto duly came about. That is known as “predictive programming”.
Bill Gates was behind a lot of this. His interest in population reduction is well known. He even boasted about how he made an extra 2 billion dollars from pharma.
Doctor John Campbell, here in England, eventually became very suspicious of the whole shenanigans around COVID, after initially supporting “the authorities”. He has a popular YouTube channel.
But you never do any research, Norman. You just stick with what you know. Nor can you ever believe that those in authority indulge in “plots” – unless it’s your pet hate, Donald Trump – because you are a very dutiful and credulous citizen.
Gates might be active in pop reduction, but thats just a world wide common sense thing…
he really is not trying to emulate Hit ler.
he is not (as I was told on here) injecting people with iron filings via his vax program
neither was vaxxing a pop reduction plot—although i was told, on ofw—on good authority that millions of dead bodies were lying in the streets…
there is only one plot—and that is to render the planets resources into cash as fast as possible.
and yes i do masses of research—but i use a BS sieve with it.—you should get one
Correct me if I am wrong, but I gather that birth rates in urban empires have always dropped, since the times of ancient rome and before, declining with a rising degree of urbanization.
The means and methods of contraception and abortion, or otherwise simply not rearing children, were a bit different no doubt, but same outcome.
There is a lot of ideological discussion about the falling birth rates, but from rear view it looks like it is a biological thing of increasingly tight living of humans with decreasing resources it would seem, no matter what ideology drives the extant government.
i think thats what i said, but in a slightly different way
https://www.zerohedge.com/energy/venezuela-oil-exports-hit-7-year-high
Good quick read. We import 560k mbpd of VZ crude. VZ exports up.
ack. bpd.
Venezuela’s exports are back up to 2018 levels, based on a chart shown. According to the article:
Venezuela exported an estimated 1.25 million barrels per day (bpd) of oil in May, up by 0.7% compared to April’s 1.23 million bpd exports and a massive 61% jump compared to May 2025, according to ship-tracking and vessel-loading data reviewed by Reuters. . .
The United States remained the top buyer of Venezuela’s crude, taking in about 558,000 bpd in May, followed by India with 427,000 bpd and Europe with 169,000 bpd. Shipments to all three regions rose in May from April levels.
Looks like the HTOE at work looking out for the broke Indian nuclear albatross. Increased imports of discount Russian crude. Increased imports of discount VZ crude now that China’s imports have been restructured, and a new sweetheart deal with its neighbor across the sea in UAE that sees UAE oil getting stored in India’s strategic oil reserve caverns in India plus more reserves stored for India in Fujairah:
https://www.reuters.com/world/india/india-signs-pacts-with-uae-defence-petroleum-during-modis-visit-2026-05-15/
Sorry to disappoint . The agreement is as useless as the agreement Putin signed with India for nuclear plants or Japan signed for high speed trains . 20 years and waiting . How will the oil get out of SoH ? Iran is in control . Will the UAE even exist ? VZ oil . The Indian refineries are designed for ME ( Gulf oil) and not VZ oil . This oil is imported as a sop to USA . India’s trade and services deal is stuck and Modi is desperate , doing all to suck up to Trump . All VZ oil is imported by Modi crony Ambani and is swapped for the correct grade on the high seas at a loss for Ambani . Ambani is compensated by Modi thru other means . Russian oil , well Rubio says the sanctions waiver will not be renewed . Anyway India now pays market price + premium for Russian oil . Discounts ended when the war began . In the meanwhile capital flight is now a real problem . Foreign Institutional investors withdrawing at the speed of $ 4 million per hour . The facts .
Oh yes. The VZ president is coming to India next week . One puppet meets another . 🤭
The politics doesn’t interest me ravi. It’s just noise and not the signal as the cool kids like to say these days.
My understanding is that India just so happens to have the refineries to handle VZ sludge, so if you have evidence that India is not refining that oil then I’d like to see it. Even if it is as you say then at least India is suddenly magically coming up with something to trade with on the high seas because it was only getting 90K barrels of VZ before Maduro held himself hostage like dog’s scene from “Blazing Saddles.”
Russian crude is still selling at a 5-10% discount to Brent which is all I meant. Obviously I didn’t mean the $55 barrels of backdoor bailout oil of Phase 1 now that we are no longer in Phase 1. Same goes for VZ, it sells at a modest discount and obviously the US handpicked India to be the second biggest recipient of VZ oil which is a convenient thing that makes you go hmmm.
UAE oil can leave from Fujairah. Will UAE exist? Who knows dude I’m just making the point that it looks to me like India is catching some breaks despite being on the front lines of BNS fallout.
Modi is amazing to watch. You know the kind of man, desperate to buy Titanic tickets, a week after it sank.
On the UAE existing in the near future, I think it just might, but Abu Dhabi is in the crosshairs if it doesn’t listen to the other tribes.
Notice in the below how they switch from UAE(good) to Abu Dhabi(very bad) throughout the article. I think discussions have already taken place with the other tribes(and Oman of course) and this is Abu Dhabi’s last chance. The very public raising up of Qatar so quickly after it made the only sane decision possible lends weight to the possibility.
https://en.mehrnews.com/news/245007/Why-should-Abu-Dhabi-be-worried-about-Iran-war
This is great news maybe the elders can keep things going for longer
AI is great. I tell this thing what I want and it codes it up quick. Biotech is going to advance quickly in the next 10 years and probably all sorts of other fields, unless this whole downer of resource constraints rears its ugly head.
I’m betting the frackers can keep oil supply above 80mbpd (all liquids) for the next 10-20 years, which should be enough to achieve escape velocity.
All of us need to have some humility. These things are difficult to estimate. Large numbers of people are motivated to try to keep supply up, to the extent they can. The Maximum Power Principle seems to imply that if there is a way to reasonably keep oil supply up, someone will work on doing it.
Well dog sorry to make you run. You can wax lyrical about Herding 101 til the cows come home and then the dadgum sheep jumps the fence. The One That Got Away. It’s been known to happen. You think you might see it back in the woods there ever once in awhile and then come Fall you hop the fence yourself to go forage mushrooms and sure enough you happen upon a passel of bones and you recognize those horns. You hate to see it but then Gail shows up with the gracious eulogy and before you know it it’s supper time.
EIA has posted a figure for world crude oil production for last February (86.662 Mb/d) — this is 0.6% higher than their current next-highest monthly figure (86.165 Mb/d, for last September).
How did this jump up so much, so that world “peak oil”would have been no sooner than last February, when oil prices had not gone up much? http://oil-price.net/ 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=1769904000000
I looked at the oil production numbers for February compared to January 2026. The numbers that seemed most out of line were for Saudi Arabia. Its January amount was 10,110,000, which was already pretty high for Saudi Arabia. The amount jumped to 10,760,000 bpd in February. Saudi Arabia has been known to use barrels from storage to make their production temporarily better. This is my guess, but I don’t know. Somehow, its production jumped by 650,000 bpd in February.
There are three other countries I might mention as having lower production in January than February, perhaps because of temporary outages in January or other similar situations. They are
Kazakhstan Jan 1,285,000; Feb 1,809,000
United States Jan 13,237,000; Feb 13,626,000
Venezuela Jan 805,000; Feb 940,000
Hunger Games .
Nitrogen fertilizers trade is half of what it used to be .
https://x.com/tleilax___/status/2061782170348179660/photo/1
But a lot of nitrogen fertilizer is made locally–US, Russia, China at a minimum, probably other countries as well. It can be made with natural gas or coal.
95 days elapsed.
“As grains of sand in the hourglass so are the days of our lives”
That was on right before “dark shadows”.
Days of our lives soap opera
Are we weeks away from a global power shift? In this explosive interview, insider Zulfiqar Ali, geopolitical analyst Pepe Escobar, and former CIA officer Larry Johnson reveal the shocking truth about Iran’s nuclear timeline, the hidden Russian alliance, and the looming “economic tsunami” that will crash the US Petrodollar
https://m.youtube.com/watch?v=8y3XB9xUcnc
Stocks and bonds both performed poorly in the 70s. This is bad news for us. We also didn’t have massive debt back then.
It is good practice to take what Escobar says with a grain of salt.
FWIW Ali got ripped apart at Moon of Alabama.
The cost of mass online marketing has jumped 71 percent year-over-year. Smaller companies are recklessly overspending on campaigns. If they don’t want to lose their profit margins, they must change their strategy immediately
Attention is becoming a devalued commodity. According to analytical benchmarks for 2026, engagement rates for mass accounts are falling to historic lows of between 0.8 and 2 percent, while the cost of reaching audiences is rising relentlessly.
This phenomenon is causing a marketing inversion, where audience size is no longer a guarantee of strength for small business owners, but a financial burden. Reports from HubSpot confirm that the overwhelming majority of marketers have had to fundamentally transform their strategies.
Global analyses, such as the Edelman Trust Barometer, further show that society is seeking out verified expertise and retreating from mass noise into smaller, safe communities, which undermines the effectiveness of traditional blanket campaigns.
Translated with DeepL.com (free version)
https://www.trend.sk/biznis/draha-reklama-nulovy-zisk-ako-kliky-nicia-male-firmy?itm_modul=react_trend_topbox&itm_brand=trend&itm_template=hp&itm_position=1&itm_cb_position=top_main_1
Perhaps AI isn’t working as well as hoped. Oversaturation!
Sometimes it works great and I think it’s going to take over and I will be swept away. Other times it spins its wheels in idiotic ways that will never achieve anything and I am surprised: “It was working so well yesterday!”. Schrodinger AI.
When we don’t comprehend the nature of something our evolutionary mind keeps trial and erroring the sense making function. Life on the inside.
Also a Zerohedge story that CNN is reporting that US bombing of Israel has not been very successful.
https://www.zerohedge.com/geopolitical/iran-has-dug-out-more-missile-tunnels-previously-thought-satellite-analysis-shows
This assessment heavily mirrors a series of leaked intelligence reports that have surfaced over the past month. CNN underscored that the US intelligence community currently estimates that Iran still has over 75% of its missile launchers fully available, and there’s been a constant production of drones ongoing throughout the ceasefire.
“US bombing of Israel”
There’s always the hope that this will happen and the cheer from the region would probably be heard in the US(vote winner Donny).
The reality is that Iran is in control and made it clear that they were about to recommence operations and I’m guessing that they let it be known that US assets, rather than the squatters, would be the primary target(maybe sink a warship, which they are quite capable of). Haidar-e-Karrar not a pleasant thought for Donny.
How to beat any corporate entity. Cost.
https://en.mehrnews.com/news/244979/How-did-Iran-stop-Israel-s-attack-on-Beirut
On Iranian capabilities, remember the bridge that Donny and all the media raved about destroying. It was operational within 48hrs. They have already got 3 of the shut down South Pars gas platforms producing again and even residential areas hit, have been cleared and are now being rebuilt. Their military capabilities are, for all intents, untouched and they still haven’t shown their true scope(they still have over 100% of the launchers, if we were to accept western numbers. This seems to have at last dawned on some people).
That’s before anyone mentions Bab-el-Mandeb, as there’s no land route through Saudi for US military supplies anymore.
Like a Retiarius spider, Iran observes and understands the routes, lays the trap and waits for the prey to do what prey always does.
U.S. bombing of Israel?
On her return to the US, Gail will be visited by some gentlemen. Expect delays in the next article. But we all wish.
Think before you speak
Obviously, I meant Iran. Sorry. Perhaps this was wishful thinking.
Could this possibly be true?
https://www.zerohedge.com/geopolitical/irgc-launches-new-strikes-kuwait-after-us-attacks-until-last-american-soldier-leaves
Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: ‘You’re F**king Crazy, I’m Saving Your Ass’
-Axios reports angry call between Trump and Netanyahu; Trump is said to have told Netanyahu “you’re fucking crazy’” while demanding Lebanon truce: “I’m saving your ass,”
-Trump has announced the “shooting will stop” in Lebanon, after phone calls with both sides. Says Iran talks back on “at rapid pace”; Lebanese presidency confirms Hezbollah agreed to US ceasefire proposal
-Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says ‘haven’t heard’ this from Tehran, vows to keep US naval blockade in place.
Assume so insofar as the theater is true. It’s explicit admission of the MIGA plot.
So the Hand likes MIGA. I thought they were more global in scope. I guess MIGA is good for depop.
The Hand likes its Epstein class MIGA clown show psyop because the people of the world are stoopid enough to fall for it such that the Hand can wipe Zionism off the face of the Earth so that the stoopid people of the world can go into Collapse with a big psychological win. Hopefully your farm manager is half the herder the Hand is.
OK, so the Hand prediction is at some point it will sac Israel. I suppose that will happen only after Ukraine and Patagonia are ready. (this may also mean Odessa will not be taken). Good prediction, and surely I will start listening more about the Hand if it happens. It also needs to happen during significant degrowth.
Yes, and for the ten thousandth time. All of Ukraine will be taken.
Are they sac-ing the entire Israel pop? or is Patagonia the only plan B? I think what you say re: Ukraine is the plan for Russia, but not Galicia (no chance of Russia ever getting that part). Parts of the West might also be given to EU countries.
No there’s not going to be an Ashkenazi genocide. There may be be no Israeli State at all or otherwise and more likely is my guess, political Zionism will be outlawed under a hard separation of church and state, and it will be demilitarized like Germany and Japan were.
By “all of the Ukraine” I basically mean that the Horsetrading Theory of Everything geopolitical framework that maps out the rational geopolitical restructuring of the Non-Public Degrowth Agenda for Phase 2 has always held that Russia holds legacy responsibility for decommissioning the Soviet NPPs in the Ukraine, because the Ukraine is not capable of taking responsibility for them, and that nuclear industry geographically spans pretty much the whole country, hence “all of the Ukraine.” What Russia gets out of that horsetrade is the Ukraine’s affordable resources
drb, I imagine Russia wants the other parts or Ukraine to be absorbed by neighboring countries so that there is some functional authority to keep people in line, someone with an interest in enforcement who would be responsible for any attacks originating from their soil. Otherwise, third parties (USA) can keep making attacks while pretending it’s the Ukrainians.
Ok so the Hand understands it does not have the power about Ukraine. But that still dos not solve the problem. where are they going to put all those Jews once Israel is sacrificed? They happen to be 6M for a change.
The Hand is a think tank with the global authority drb. It is not an industrial infrastructure itself. The same goes for the “global elites” that you believe in but believe in falsely because you think that those elites are just Western even though the word global is in the name.
The Hand is running the Ukraine war and all other aspects of the DA.
The Jews don’t necessarily have to go anywhere drb unless for some reason the Hand seems it necessary but I doubt it because it seems to me that ethnic cleansing won’t match the spirit of the pacific Global Peace Accords that legislates the end of Zionism. Zionism just has to end. So long as it doesn’t affect ME oil production the inter-ethnic relations will sort themselves out according to local politics just like South Africa is sorting itself out.
ivan that’s a rich theory coming from you who were you Ukrainian you’d not pose the slightest problem to the Russians.
And most ukrainians are in favor of a negotiated settlement that gives Russia Eastern Ukraine so that should tells us all we need to know about the quality of the nationalism remaining. Not to mention the dearth of young Ukrainian men remaining, and the psychological legacy of forced conscription.
“And most ukrainians are in favor of a negotiated settlement that gives Russia Eastern Ukraine”
You have a link for that?
“so that should tells us all we need to know about the quality of the nationalism remaining. Not to mention the dearth of young Ukrainian men remaining, and the psychological legacy of forced conscription.”
This is all wrong. You don’t take into consideration the areas those men came from and more importantly, the areas they didn’t. Again with the nationalism. Those dragged off the streets didn’t want anything to do with that. Those not dragged off the street do and they are the ones that will still be there.
Start with the history of Galicia(no corporate fiction dressed as history allowed) and work your way from there.
Russia could take it all, but that creates issues that just won’t be there if they don’t bother with the cancerous section and let’s be honest, there’s nothing there worth the trouble(although I’m sure Belarus would prefer a complete cleansing).
Fitz it’s common knowledge that most ukrainians are in favor of a negotiated settlement and it’s also common knowledge that the regions Russia has annexed are non negotiable. 2+2=4.
If it’s necessary that Russia needs to allow autonomous regions in central and western Ukraine where most of the ukrainian soldiers come from then so be it, but the thesis here is that Russia needs to decommission the Soviet industry because a collapsed Ukraine will not be able to. So Russia will be seen as doing the Ukraine a solid once the BNS has established that NPPs are an existential threat.
Could the original thesis under the HTOE be wrong and other countries take responsibility for the Western and central NPPs? Sure, but I won’t be happy about it lol. Post-BNS Phase 2 is going to be brutal and the Hand needs to plan for simplicity and efficiency of purpose, but maybe there’s a better plan than what seems straitforward common sense to my pissant self. I’m certainly all ears.
Also factor in Collapse dynamics during Phase 2 and the effect that that will have on Ukrainian post- war resistance. Also factor in the possibility that a catastrophic political-military calculation by Zelensky may be written into the narrative such that the Ukraine becomes another Israel-type pariah state. For example, there was a hole made in the wall of one of the turbine buildings at Zaporizhzhia, allegedly by a Ukrainian drone a couple days, whether or not Ukraine was framed for it.
It’s not helpful for you to say things like start with Galicia and work your way back. If you want to make a point then make the effort to make a point.
No link, because there won’t be one with any evidence of western Ukrainians wanting that and that is why I said to look into Galician history.
The green dwarf has no power, that all sits in Galicia.
Russia, I agree will take care of the nuclear, but like Chernobyl, because it’s on their borders and fall out, like the weather that will carry it, doesn’t recognise boarders. I would imagine that will be the sweetener for whoever agrees to take the fascists.
Your idea would be smoother, but I don’t see enough rational actors to act coherently, although the Russians practicality might make it seem that way. Just wait until its some western corporate mongs turn to do the correct thing.
“because it seems to me that ethnic cleansing won’t match the spirit of the pacific Global Peace Accords that legislates the end of Zionism. ”
this to me seems weak thinking in the extreme. I guess we will see.
Exactly Fitz, obviously the fact that Russia lies downwind of its own legacy NPPs makes Russia the obvious candidate, but a horsetrade is a horsetrade and he Hand recognizes that nothing comes for free.
Here’s a link you insist upon needing:
“More than three years into the war, Ukrainians’ support for continuing to fight until victory has hit a new low. In Gallup’s most recent poll of Ukraine — conducted in early July — 69% say they favor a negotiated end to the war as soon as possible, compared with 24% who support continuing to fight until victory.
This marks a nearly complete reversal from public opinion in 2022, when 73% favored Ukraine fighting until victory and 22% preferred that Ukraine seek a negotiated end as soon as possible.”
https://news.gallup.com/poll/693203/ukrainian-support-war-effort-collapses.aspx
Thanks for the link.
That’s all I asked for, which is just as well for Gallup, as I see no numbers polled, regional breakdown, or how they selected. I did notice the very first word and that answers all those questions.
I don’t doubt that a lot of people in certain Oblasts want to get on with Russia, but I’m more interested in Western Ukraine, particularly Lviv Oblast(where I doubt Gallup could get over 20% even with dubious selection).
drb maybe I’m just not a rabid antisemite. Jewish power is a top-down phenomenon. Ordinary Jews aren’t a structural problem. Why am I having to say this?
If you think jews are Semites, you are indeed antisemitic.
Their fake language isn’t semitic and being of European decent, they just couldn’t get their tongues around the old, real jewish language, so made a load of shit up and told the gullible it was the real thing.
It’s a bit like western missile defence.
https://t.me/presstv/192428
Even the missiles are afraid, it would appear.
Yes thanks Fitz for the technical correction. The Ashkenazim are not out of Shem they are out of Ashkenaz, the Bible sez. In reality they are out of Khazaria. That’s mainstream knowledge now lol things that make you go hmmmmmm.
That’s that missile I was telling drb about.
Fitz I’m imagine you’re right about Western Ukrainian opinion but that area hasn’t seen much war and as you know it’s the heart of Ukrainian nationalism. In the Hand’s eyes that might make the Western Ukrainian NPPs good candidates for having engineered radioactive releases in a controlled fashion due to electrical grid ‘problems’ in order to leverage the political situation in Russia’s (and thus the DA’s) favor.
Also this kind of language from a gentile to a master race notable… who does he think he is?
Good day everyone…
Is there anything materially different in March, April. May and now June ? Yes there is a “ceasefire” but that is all. Bear in mind that in the ceasefire, Iran would have the urgency to repair whatever is damaged and US/Israel may not have the will power / motivation / urgency or even the means to rebuild replenished stocks.
We were always amazed during COVID times when people can just take untested “medication”. Remember that anything that is taken orally or directly injected into the bloodstream has no “undo” and yet people lined up and clamored for more completely untested stuff. This stuff requires decades of testing before it can be released to the public. That time, completely no testing at all.
Reportedly from Einstein: Insanity is doing it over and over again the same time and expect different results.
If one can take untested “medication”, why is it we are surprised that no one bothers about this SoH and supply chain thing?
The one microsecond before the 200mph car/train slammed into the stationary wall feels that same as the past 2 years (before the train hits the wall)
Check out this comment from august 2007 from one of Gail’s early articles i believe it was called what lies ahead for Peak Oil; Gail, I did a bit of thinking about your question one a few years ago and, as a result, published Out of Gas: A Systems Perspective on Potential Petroleum-Fuel Depletion through Pegasus Communications. The text of the column is intended to attract people’s attention; the real content is in the downloadable simulation model.
My initial, naive thought (before doing the model) was that the decline would mirror the rise, much as the symmetric projection indicates. If you run the model, you’ll see that it shows a much faster drop-off.
That model is not a prediction, as you’ll know if you’re familiar with system dynamics models. It does indicate how the system might respond, though. The key point is that our demand continues to ramp up, driven by the desire to drive, the desire to grow industry, expanding populations, and the like. Thus the raw demand a decade after the peak would seem to be greater than the raw demand a decade before the peak. That larger demand would seem to draw down the remaining stock of crude rapidly, leading to a consumption drop-off that’s much faster than its rise.
There is a variable in the model called “Impact of Scarcity on Consumption,” and the model results seem somewhat sensitive to its shape.
What that model showed me was that the potential exists for shortages to show up much faster than people might expect. Don’t take my word for it, though; try the model, and try your own, as well.
All of Gail’s work is solid gold but like wine some years were better than other.
You trolling or what?
As Gail mentioned these sort of things can not be created without oil gas or coal energy inputs. Perhaps more important will their EROI match oils fabulous EROI. The answer is no. All of these things. Will be only 10 percent of oil EROI more or less. Photovoltaic for instance is wit energy storage a 6xEROI all said and and done. It’s a fantastic thing. But pitiful compared to oils EROI. It is oils EROI that creates the energy surpluses that allow industrial civilization.
It’s very hard to come up with EROI for. Nuclear power because as usual what the envelope encompassing the energy inputs has often been arbitrary. Obviously if you dump the waste a defacilitate by dumping it in the sea energy inputs go down and EROI goes up.
I think it’s great that China is seeking energy possibilities is fabulous. Untill the numbers are crunched for real we have no idea the EROI.when waste disposal and defacilitation is factored in legacyy. The ultimate nuclear power is clearly a energy drink not a energy source. A negative.EROI. the ultimate hamburger now pay you later
Irregardless there is zero chance uclear power will supply a EROI that remotely allows what we regard as industrial civilization . What sort of civilization it will support of any remains to be see. Lay down your hopium pipe.
China had a civilization for a long time. They will have one in the future . Just not one that resembles civilization now.
Elite creating capital city Oasis is not civilization. It reels of using resources available now to try extend that level of abundance into the future.
This was supposed to go under Ivan’s nuclear will save us post
He’s not trolling we’ve just got him on the run. Which means we also have to pick up the pace. Herding 101. So way to keep up the pressure dog. Appreciate that.
Nonsense – civilization will advance: Data centers in space. Richard Branson riding Virgin Galactic around the solar system with a harem of nubile alien women. Nanotechnology galore. We may keep some oil-based societies around, like a historical theme park. It’s going to be great!
And all because printer goes brrrrrr huh? It all makes sense now that ivan’s TOE is in the world.
Table of Organization and Equipment?
Right. And in the midst of a narcissistic episode born of self-preservation, self-parody creates political cover for a chronic lack of accountability.
Damn. Did they legalize hopium while I wasn’t looking?
The thing that’s both horrible and interesting right now is we won’t have to wait long to see if oil is a “historical theme park” . That’s from someone who has basically produced all personal electrical energy consumed for decades.
I didn’t whittle the batteries from logs
I’m not special because I am extending the age of oil.
What you are obscuring is your real interest and profession with the term nano technology is microbiology. Why are you doing that? No shame here. Yes Jurassic park petri nano creations can be quite powerful. Creating your niche in the oil age extension oasis? You may well be successful.
You do not hide your disdain for those that are unable to do the same.
We will soon see if your efforts bear fruit.
The Jurassic park petri dish micro creations are actually a sign of our situation. As energy and resources deplete you have to do more with less and radical solutions are sought. In your case a lot more with a lot less. The base input is fossil fuels. Jurassic park petri dish nano creations can not exist without fossil fuel inputs either. More with less is good but you still need some. As there is less than some things happen.
How bout we check in on how that oil is historical thing in a year June 1 to see what is actually history if we and the internet still exist? Banter will not resolve this.
Can we all agree then that if we are still bantering about this on OFW on June 1, 2027, the issue will be resolved in Ivan’s favor?
A horrible cartoon has just popped into my head along with the caption: How many Virgins Can Richard Branson Ride?
Are you willing to post the code / simulation somewhere accessible, like github? Or would you at least explain if there were any real-world data sets that feed into the model?
So far, CTG, the masses have no reason to believe that the unresolved Iran war is of any great significance to them.
For instance, I took an exploratory look at the fruit and vegetable shelves in the supermarket (I mostly eat my own veg, and only ever eat my own apples in season, no commercial fruit) and produce from Egypt, Morocco Chile, Tunisia and Peru is all still there (as well as all the stuff presumably coming by truck from Spain, Italy, Netherlands and France) .
BAU still has wings and wheels! Why would anyone be troubled when no change is detectable on the surface?
The Covid fraud and the ‘vaccine’ murders showed how unobservant, incurious and unreasoning an animal Homo Sapiens generally is, even in a matter of life and death.
The good thing is that this relieves one of any temptation or sense of human duty to warn and advise of dangers, as it will simply be ignored, laughed at, or soon forgotten even if the person one wishes to help seems to be listening.
Yup.. You can ignore reality but you cannot ignore the consequences of ignoring reality
D Day is coming Xabier this carefully orchestratedHormuz theatre is going to result in no food within two months why you say because the elders or hand think they can beat peak oil by reducing population quickly the world is like a giant chessboard to them .
Maybe but it will take a whole plant, fertilize, grow harvest cycle to feel it say May 2027.