After printing up trillions and creating the worst inflation in half a century, let's print up another $800 billion and redistribute... er, I mean "invest" it in crony scams and boondoggles, and call it...
The Inflation Reduction Act.
Clown world.
"No man's life, liberty, or property are safe while the legislature is in session."
Fact is, the Overton window is wider for humor than for serious discourse. Twain could say what he did as a joke, believing that many people would read 'between the lines' without directly offending the powers that be. That was what nursery rhymes were about: everyone knew which politician was Humpty-Dumpty. You didn't have to say it directly, and if you did it might have cost you your head.
Well, if people stop producing things it usually means that they can't. The current situation would have to be hopeless (continual bad weather for growing food, economy down the toilet etc). It could also mean that overseas supply is more plentiful and/or far cheaper than locally made goods and so the country has to (temporarily?) move to being an Importer instead of an Exporter. Obviously this will widen the socio-economic gap even further, and that's not good.
In this day and age, the govt will likely just print more money and pretend that inflation isn't happening and tell people to go and buy the imported stuff with their govt cheques...and we all know that only works for so long...
The other end of the stick is that they knuckle down and make people 'work for the dole' and effectively force poorer people into slave labour.
Another reason people might stop producing things, or doing their jobs in general, would be a strike. If the Canadian truckers had all agreed to take a week or two off, instead of staging an occupation of downtown Ottawa, it's quite likely the government would have been forced to negotiate with them.
In about 3 days, gas stations would be out of gas. In a week, grocery stores would be empty and peoples' vehicle gas tanks would be empty too. There would be a popular outcry for the government to get the truckers back on the road, and you can't just force 330,000 people back to work; there are only 65-70,000 cops in all of Canada. You can't arrest them; you can't commandeer their trucks (and they might all pull an important part out of the truck and hide it somewhere so it would not run until the part was put back in) because who would drive them? There's trucker shortages already, it's not like half a million people are waiting around to start driving trucks because Trudeau tells them to.
So if people stop doing their jobs as a result of a general strike, there's a pretty decent chance the government is forced to negotiate.
Strikes used to work. But now with the rise of electronics, and less cash circulating in society, govts hold all the power. Truckers need to eat, too, and the govt already froze banks accounts of people who gave money to the truck convoy - so imagine if they just froze the bank accounts etc of the truckers until they were back on the road? Only those with plenty of hoarded supplies would cope. Most would be forced to go back to work. I doubt Trudeau cares if a few (hundred thousand) people go on a crash diet...
When you have the power from the safety of a small room with a keyboard & internet connection and access to personal data, why do you even need police...?!
So until we have far less reliance on digital cash, I hate to say it, but I think the govt will do what it likes...
In fact, until we have over 50% of people ignoring their govt, we will have the majority of any population doing exactly what their govt wants. There will always be small pockets of people/communities finding ways that work for them, but otherwise, until the majority of people kick out their corrupt govts, we will see more and more of this madness.
For a general strike or trucker strike or anything else like that to work would require advance planning, taking into account the things you mention. I am not advocating that a strike of this sort is the way to solve the problems of overreaching government, but I do support the right of aggrieved workers, or an aggrieved populace, to seek redress of their grievances and demand an audience with their leadership, or whomever they believe to be at the root of said grievances.
Trudeau or any other leader will start to care when they see that they are losing the battle of public opinion. Last I heard Trudeau and his NDP sycophants still have substantial support in Canada, but that can change. Or not, only time will tell. But the DNC/Deep State in the US are certainly worried about public opinion. They aren't talking about it openly yet, but by their actions you can see that they are scared. Good thing, because when people get scared they start making stupid mistakes, and when that happens the whole world will start to see what is really happening. Sunlight is the best disinfectant.
When you burn up all the cheap energy --- all that remains (and there is a lot of it) is expensive energy... obviously that drives inflation ...
Shale binge has spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
“In the International Energy Agency’s judgment, it is quite possible that global oil production will be inadequate to meet demand as soon as next year.”
The world would have been in a permanent oil crisis since 2005 without USA shale. Conventional oil peaked back then and USA shale cannot expand like that again. Offshore drilling would require higher prices to be profitable than are now the case. There are no present alternatives to fossil fuels, and “there is no way back to cheap energy”. The only realistic move for the short-term is to abandon sanctions on Russia to see Europe through this winter or else democracies may fall. (Another fear is that China will grow, suck up more oil, raise the price and dump the West into crisis.)
> A winter energy reckoning looms for the west
Across the world, politicians are ever more desperately looking to contain the explosive consequences of the energy crisis.
…. What is not available anywhere is a quick means for increasing the physical supply of energy. This crisis is not an inadvertent consequence of the pandemic or Russia’s brutal war against Ukraine. It has much deeper roots in two structural problems.
First, unpalatable as this reality is for climate and ecological reasons, world economic growth still requires fossil fuel production. Without more investment and exploration, there is unlikely to be sufficient supply in the medium term to meet likely demand. The present gas crisis has its origins in the Chinese-driven surge in gas consumption during 2021. Demand grew so rapidly that it was only available for European and Asian purchase at very high prices. Meanwhile, respite from rising oil prices this year has only materialised when the economic data from China is unpropitious. In the International Energy Agency’s judgment, it is quite possible that global oil production will be inadequate to meet demand as soon as next year.
For much of the 2010s, the world economy got by on the shale oil boom. Without US production more than doubling between 2010 and 2019, the world would have been trapped in a permanent oil crisis since 2005, when conventional crude oil production — oil drilled without hydraulic fracturing or from tar sands — stagnated.
But American shale cannot expand at the same rate again. Although the largest US shale oil formation — the Permian Basin in western Texas and south-eastern New Mexico — is projected to reach record output next month, overall US output is still more than 1mn barrels per day below what it was in 2019. Even in the Permian, daily production per well is declining.
More offshore drilling, of the kind opened up in the Gulf of Mexico and Alaska by the Inflation Reduction Act, will require higher prices, or investors willing to pour in capital regardless of the prospects for profit. The best geological prospects for a game changer akin to what happened in the 2010s lie with the huge Bazhenov shale oil formation in Siberia. But western sanctions mean that the prospect of western oil majors helping Russia technologically is a geopolitical dead end.
Second, little can be done that would immediately accelerate the transition from fossil fuels. Britain’s planned micro nuclear reactors will not be completed until the 2030s. Running electricity grids on solar and wind base loads will require technological breakthroughs on storage. It is impossible to plan with any confidence what progress will have materialised in 10 years, let alone next year. But precisely because an energy transition is essential to reduce fossil fuel consumption, large-scale, blue-sky investment is imperative.
The only way forward is realism for the short term, recognising that there is no way back to cheap energy, allied to radical, long-term ambition. A grasp of geopolitical realities is also essential. The US remains by some distance the world’s dominant power. Its naval power guarantees open waters for international trade. World credit markets depend on dollars. But Washington does not have the power to direct China and India’s energy relations with Russia.
This coming winter will bring a reckoning. Western governments must either invite economic misery on a scale that would test the fabric of democratic politics in any country, or face the fact that energy supply constrains the means by which Ukraine can be defended.
What was I thinking -- cheap oil is infinite... silly me!
Have you ever noticed... that it's the MSM that generally tells us that we have decades of oil remaining?
And that long before we run out of the stuff we will all be driving EVs and enjoying unlimited energy from solar panels?
In fact California just said they'll ban ICE vehicles in 2015.
Didja ever consider that perhaps the MSM is pushing this nonsense -- cuz they want you to believe that we are not running out of cheap energy?
The MSM does hint at the problem from time to time -- but nobody reads this stuff...
Shale binge has spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Well, when it comes to economics, I Follow the Dismal Science™, and that means Relying on Experts™ like the renowned and gnomish Court Economist Robert Reich:
"Reminder: Inflation isn’t being driven by government spending. It’s being largely driven by the fact that a handful for mega corporations have consolidated their market power and can raise prices on consumers."
Well current events here in Canada are proving Mark Twain somewhat mistaken. Our legislature is not even in session, at least not in person and our PM spends a lot more time in the air than on the ground in Canada but our 'lives, liberty or property' still aren't safe.
While oil has many other important uses (lubrication, plastics, roadways, roofing) this section considers only its use as an energy source. The CMO is a powerful means of understanding the difficulty of replacing oil energy by other sources. SRI International chemist Ripudaman Malhotra, working with Crane and colleague Ed Kinderman, used it to describe the looming energy crisis in sobering terms.[13] Malhotra illustrates the problem of producing one CMO energy that we currently derive from oil each year from five different alternative sources. Installing capacity to produce 1 CMO per year requires long and significant development.
Allowing fifty years to develop the requisite capacity, 1 CMO of energy per year could be produced by any one of these developments:
4 Three Gorges Dams,[14] developed each year for 50 years, or
52 nuclear power plants,[15] developed each year for 50 years, or
104 coal-fired power plants,[16] developed each year for 50 years, or
32,850 wind turbines,[17][18] developed each year for 50 years, or
91,250,000 rooftop solar photovoltaic panels[19] developed each year for 50 years
The world consumes approximately 3 CMO annually from all sources. The table [10] shows the small contribution from alternative energies in 2006.
“To provide most of our power through renewables would take hundreds of times the amount of rare earth metals that we are mining today,” according to Thomas Graedel at the Yale School of Forestry & Environmental Studies. So renewable energy resources like windmills and solar PV can not ever replace fossil fuels, there’s not enough of many essential minerals to scale this technology up. http://energyskeptic.com/2014/high-tech-cannot-last-rare-earth-metals/
Renewable energy 'simply won't work': Top Google engineers
Two highly qualified Google engineers who have spent years studying and trying to improve renewable energy technology have stated quite bluntly that whatever the future holds, it is not a renewables-powered civilisation: such a thing is impossible.
Both men are Stanford PhDs, Ross Koningstein having trained in aerospace engineering and David Fork in applied physics. These aren't guys who fiddle about with websites or data analytics or "technology" of that sort: they are real engineers who understand difficult maths and physics, and top-bracket even among that distinguished company.
Even if one were to electrify all of transport, industry, heating and so on, so much renewable generation and balancing/storage equipment would be needed to power it that astronomical new requirements for steel, concrete, copper, glass, carbon fibre, neodymium, shipping and haulage etc etc would appear.
All these things are made using mammoth amounts of energy: far from achieving massive energy savings, which most plans for a renewables future rely on implicitly, we would wind up needing far more energy, which would mean even more vast renewables farms – and even more materials and energy to make and maintain them and so on. The scale of the building would be like nothing ever attempted by the human race.
In reality, well before any such stage was reached, energy would become horrifyingly expensive – which means that everything would become horrifyingly expensive (even the present well-under-one-per-cent renewables level in the UK has pushed up utility bills very considerably).
“They”- TPTB- know all this. They know the “green energy” transition is not possible, and therefore will not happen. So what do you think they hope to achieve in this ?
The mob is stupid - but not so stupid as to understand energy resources are finite...
'Renewable Energy' is about convincing them that it does not matter if oil runs out == we will have transitioned off fossil fuels long before that happens.
Notice the PR - how many countries have stated they will ban petrol and diesel vehicles by the end of the decade... obviously that is impossible... however it convinces the mob that the transition will be complete in the near term.
There ARE ways to manage somewhat sustainably into the future, but the level of education and compliance across the board needed to achieve this is mind-boggling. I'm not sure that it can be done. Not with almost 8 billion people in the mix. Hell, even with only 1 billion people in the mix the future would still be difficult! People don't like change. And they're not great at conforming long-term. And they're hedonists.
I don't think humans realise just how precarious a position we are in right now. Back in 2000 was probably the time we NEEDED to implement loads of changes...but it wasn't done...because people are greedy. Now we have people like Schwab saying the 'elites' should take over and the rest of us should just fall into line by letting them control everything whilst the people own nothing and are happy about it. Yeah, that always worked out so well for the plebs through history, didn't it?! Now, if they had a REASONABLE solution then more people might sign up for it - but their solution is evil and it won't fix the problems.
I do think people need to get along with less. We're a very greedy society and we're using up too many resources. The thing is, there's always another way, and there's always a better solution. People need to think outside the box more, but still reasonably. The problem is that the human race normally doesn't make massive change until they're on the precipice of being wiped out. Then they do crazy inventing and all sorts of things to get us out of the hole we're falling into - only to have it hijacked by evil people who choose to use these inventions for evil instead of good. It's a vicious cycle.
Absolutely. I'm fine to go! I've done plenty of things I'm happy with in my life. If it's over, it's over. I practice what I preach, Guttermouth (too much zeal in my genetics - there's a whole pile of Methodist Ministers in my past, I'm afraid!!).
Who said YOU have to go quietly?! :-D Anyway, this is you, Guttermouth, I wouldn't expect it ;-)
And I will try to live as long as is reasonably possible so long as my life is going OK, but when my time is up, my time is up. If I get taken out by a bus or have a massive heart attack or get a terminal diagnosis of cancer, or someone blows my brains out, well, that's it then.
Anyway, the world would probably be a lot better off without so many humans. Perhaps when we were living in smaller clans, things were OK. But we've gotten so big we are now an infestation. Nature tends to have ways to deal with infestations. It's not always pretty, in fact it's often ugly, but then things start afresh again - and Life continues, whatever Life may be...
Awww, thanks so much for the proposal, but I shall gracefully decline ;-)
I actually have a heart and soul. Just because I have thoughts you don't agree with (which I'm not forcing on anyone) shouldn't get me lumped in with the WEF...
All I was saying that 'perhaps' humans ought to disappear - and with a laughing face no less! Obviously I don't want to die nor do I want to see loads of other people die either, but you take is as you want...
Your post reiterates the points made by sane scientists, and the technically literate, for these many decades. To no avail. Attempts to deploy logic, especially logic that includes that most racist of the devil's tools, mathematics, is simply not permitted.
Based on reading WEF propaganda they seem to think over half’s the Earth’s human population will quietly disappear in a “civil” manner without having any negative impact on the production of energy, goods, or services.
The pro-scarcity morons pushing this have no idea how anything physical is produced or made. They treat everything like an input for a computer program. Look at Covid - the reaction and models were based on the spread of a computer virus, and their “mitigation” based on how you stop computer viruses, not a human respiratory virus passing between human mammals.
Absolutely. Especially since they seem intent on keeping the managerial and activist classes. 😂
The technocrats are screwed and they have no clue.
A very “progressive” sitting member of congress attends the same country club I do. So do other woke politicians and their faithful followers.
My husband is from rural VA and I was an outdoor adventure guide in undergrad. We have a lot of crunchy friends, and a lot of redneck friends, and the groups kinda merged during Covid because now everybody is armed and none of them are vaxxed.
Anyway, we bought a house in the NC mountains during Covid. If this thing really takes hold and heads south, we’re heading for the Rednecks because I can process a deer, hubby can hunt, and our friends in sticks already know how to barter and live off the land. The rednecks are also more fun and still have a sense of humor. They’ll survive just fine while the wokies melt down in their urban dystopias as they are each faced with the sudden realization Jeff Bezos doesn’t wave a magic wand to make food magically appear, Bill Gates has no clue what he’s talking about, and all those arts and crafts supplies to make posters when screaming at strangers are completely worthless when food is scarce and heat is by wood fire.
I still have faith enough people with enough damn sense will wake up in time, but then I watched 🐑 parents compliantly cover their kids’ faces in what they always knew deep down was a completely useless face diaper with fun side effects like impaired speech, depression, and diminished social skills. We have faith in humanity, but also a solid plan B. 😂
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
And people say Nuclear energy is the future. Ha!! We still can't dispose of spent fuel rods effectively. Nuclear has always been a BAD idea in my books.
Then stick with fossil fuels because wether dependent sources can’t come close to providing for modern energy needs and they are dirty as all get out to produce the equipment that has an extremely short lifespan.
That assumes a post nuclear war scenario. Not sure I want to stick around to see that anyway.
They will have mass chaos and global rioting and supply chain collapses if the WEF manages to off 5-10% of the global working age population. They’ll be burned at the stake, literally, long before they cause the deaths of 5-6 billion people. Long before spent fuel rods get abandoned to irradiate the Earth.
Unless they go with nuclear weapons, then they’ll reach their goal plus some. Hiding in Davos won’t save them from either scenario. Personally I’d prefer to avoid any worst case scenario.
More likely will just be what we see every other time moron totalitarians take over, particularly leftist ones. The poor suffer immensely. The middle class become poor. Food shortages break out particularly in urban areas. Lots of violence in the streets.
There's a youtube video by Chris Martenson on his peak prosperity channel where he goes over the same idea, i.e., we're past the cheap energy and into the expensive stuff. I tried finding the video but wasn't able to see it at a quick glance (there's a lot on his channel).
If you accept this concept then you have to accept that the wanna-be world rulers are doing the right thing, i.e., there're too many of us to support with dwindling resources. That's a malthusian way of thinking and I don't think this way. I get the impression that Chris doesn't either but not sure. I haven't seen many of his videos. So much info, so little time.
I'm not a financial expert but I get the impression that the financial system is on life support and has been for years and that that became obvious in 2008. Energy? Resources? Just like the financial system, I believe those shortages are man made not natural and I don't think the globalist cabal is anywhere close to doing the right thing. They're just trying to look out for themselves but doing so in an extremely short sighted manner that will end badly for them as well.
This goes back to the Club of Rome and even before that to the eugenicists. Thomas Malthus was born in the late 1700's. Nothing new: selfishness and short sightedness has been around since original sin.
SEE PAGE 59 - THE PERFECT STORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
You are correct. This is man made, there is plenty of cheap energy, and they are doing everything to make it as expensive as possible. Controlling the global energy supply, impoverishing millions, and cementing their role at the top of society is the game. Why give the plebs growth and opportunity, when you can reduce them to serfs? The deer tats of William the Conqueror ruled 900 years, Ghengis Khans descendants ruled 800 years. This is what the current oligarchs want.
Thirty years ago the German auto workers funded Greenpeace through payroll deduction. Today Germany goes begging to the likes of Justin Trudeau (at war with domestic energy production and prosperity) for energy. I see a trend.
"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.
Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become "profiteers," who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds... all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
~John Maynard Keynes, The Economic Consequences of the Peace (1919)
Sounds like you hatched a good plan! We need to egg the people on finding solutions, not just brooding, because the european governements will just continue to cock-up as they wattle along.
The Beatles wrote a song about this called "Revolution". Ironically, they stole the opening guitar riff from Pee Wee Crayton. I'm sure there is a lesson in there somewhere, I don't know what it is, besides the fact that German "leaders" might want to turn the gas back on before they go the way of Marie Antoinette.
Wall St silver blocked me when I called him out for his hyperbole when the mint said they were struggling to keep up with production as relates to the 2021 silver Morgan dollars. The mint didn't run out of silver but they tried gaming that headline as if there's a run on the metal. dyor
There's a big difference between numismatics (coins valued for their rareness and excellent condition) and commons or 'junk,' which are valued for their metal content.
The advantage of 'junk silver' is that it is readily recognized and thus, easily traded. There is at any time a straight multiplier to face value, which simplifies transactions. Let's say it is 20; that means a US silver dime (pre-1964) is worth $2, and a quarter $5. If it is 22, then $2.20 and $5.50 respectively.
Bullion is harder to validate, thus harder to exchange. But still, better than nothing.
I have some junk silver, but my concern with it is that I will possibly be dealing with someone who is too hung up on the (worthless) fiat value. Same for any AGE's which have the (worthless) fiat values embossed on them.
Either way, keep stacking! Every bit removed from the system counts!
Don't worry. When TSHTF, the people you are dealing with will learn quick or die. The number printed on the coin tells how much silver is in it, not what it is worth. If junk silver is the de-facto medium of exchange that evolves when greenbacks have gone the way of the Deutsche-mark under Weimar, they will learn.
*not advice tho many of the numismatics offered at the US Mint **that sell out** are gains in hand immediately (there's probably exceptions but i'd like to find them if so ;) )
i like eagles what can i say, for the metal you can do far better efficiency buying generics which are not as interesting to me (plus it's just my opinion that generics present and are at higher risk regarding fakes) wasn't too long ago somewhere in Canada had tungsten packaged up real pretty
Unfortunately, lots of people learn the wrong lesson from that Twitter video. They respond with something like, "Well, that's the free market for you."
Then there is the other story I heard somewhere, but I cannot remember where. A [Banker/WEF’er or whatever Evil there is] hires a man and pays him well. He gets married, owns his own home and seems to be getting along well.
One day, he speaks with his boss about how wonderful his wife is and what an asset she would be to the company. He states, she cannot find a job which pays well enough for her level of talent and asks the employer to hire her.
The employer agrees to hire his wife for half of his wage. He and his wife agree and they both continue happily. Suddenly, hard times hit and the company calls the man in, stating they must lay him off, as they can no longer afford his wage.
Devastated, the man goes out in search of employment, but cannot find a decent wage. He goes back to his employer and asks to be hired back. The employer agrees to hire him back at half of his wife’s salary.
You mean all the big companies in the USA laying everyone off and hiring people for about a quarter of what the original employees made. OR using temps that actually get about 1/10 of the original emloyees?
Congress:
After printing up trillions and creating the worst inflation in half a century, let's print up another $800 billion and redistribute... er, I mean "invest" it in crony scams and boondoggles, and call it...
The Inflation Reduction Act.
Clown world.
"No man's life, liberty, or property are safe while the legislature is in session."
~ Mark Twain
I used to think Mark Twain was a humorist...now I realize he was deadly serious.
The way the government survives is to seize the life, liberty, and property of people who produce things. So of course you are not safe.
Mark Twain was the OG George Carlin.
🙌🏼😂
Nobody benefits from killing and maiming billions of people.
The supply chains will eventually collapse -- and anyone who is not dead or maimed... will starve https://www.headsupster.com/forumthread?shortId=220
Well, at least, in the end, we'll get rid of "them."
Does come under the "every cloud has a silver lining" heading?
Or is it a clever epitaph for "western liberal democracy"?
Many a true word is spoken in jest -- first attributed to Chaucer and updated by Shakespeare: https://www.phrases.org.uk/meanings/many-a-true-word.html
Fact is, the Overton window is wider for humor than for serious discourse. Twain could say what he did as a joke, believing that many people would read 'between the lines' without directly offending the powers that be. That was what nursery rhymes were about: everyone knew which politician was Humpty-Dumpty. You didn't have to say it directly, and if you did it might have cost you your head.
You mean the 'it's funny 'coz it's true' thing?!
What does the government do when people stop producing things?
Well, if people stop producing things it usually means that they can't. The current situation would have to be hopeless (continual bad weather for growing food, economy down the toilet etc). It could also mean that overseas supply is more plentiful and/or far cheaper than locally made goods and so the country has to (temporarily?) move to being an Importer instead of an Exporter. Obviously this will widen the socio-economic gap even further, and that's not good.
In this day and age, the govt will likely just print more money and pretend that inflation isn't happening and tell people to go and buy the imported stuff with their govt cheques...and we all know that only works for so long...
The other end of the stick is that they knuckle down and make people 'work for the dole' and effectively force poorer people into slave labour.
Neither situation is good.
Another reason people might stop producing things, or doing their jobs in general, would be a strike. If the Canadian truckers had all agreed to take a week or two off, instead of staging an occupation of downtown Ottawa, it's quite likely the government would have been forced to negotiate with them.
In about 3 days, gas stations would be out of gas. In a week, grocery stores would be empty and peoples' vehicle gas tanks would be empty too. There would be a popular outcry for the government to get the truckers back on the road, and you can't just force 330,000 people back to work; there are only 65-70,000 cops in all of Canada. You can't arrest them; you can't commandeer their trucks (and they might all pull an important part out of the truck and hide it somewhere so it would not run until the part was put back in) because who would drive them? There's trucker shortages already, it's not like half a million people are waiting around to start driving trucks because Trudeau tells them to.
So if people stop doing their jobs as a result of a general strike, there's a pretty decent chance the government is forced to negotiate.
Strikes used to work. But now with the rise of electronics, and less cash circulating in society, govts hold all the power. Truckers need to eat, too, and the govt already froze banks accounts of people who gave money to the truck convoy - so imagine if they just froze the bank accounts etc of the truckers until they were back on the road? Only those with plenty of hoarded supplies would cope. Most would be forced to go back to work. I doubt Trudeau cares if a few (hundred thousand) people go on a crash diet...
When you have the power from the safety of a small room with a keyboard & internet connection and access to personal data, why do you even need police...?!
So until we have far less reliance on digital cash, I hate to say it, but I think the govt will do what it likes...
In fact, until we have over 50% of people ignoring their govt, we will have the majority of any population doing exactly what their govt wants. There will always be small pockets of people/communities finding ways that work for them, but otherwise, until the majority of people kick out their corrupt govts, we will see more and more of this madness.
For a general strike or trucker strike or anything else like that to work would require advance planning, taking into account the things you mention. I am not advocating that a strike of this sort is the way to solve the problems of overreaching government, but I do support the right of aggrieved workers, or an aggrieved populace, to seek redress of their grievances and demand an audience with their leadership, or whomever they believe to be at the root of said grievances.
Trudeau or any other leader will start to care when they see that they are losing the battle of public opinion. Last I heard Trudeau and his NDP sycophants still have substantial support in Canada, but that can change. Or not, only time will tell. But the DNC/Deep State in the US are certainly worried about public opinion. They aren't talking about it openly yet, but by their actions you can see that they are scared. Good thing, because when people get scared they start making stupid mistakes, and when that happens the whole world will start to see what is really happening. Sunlight is the best disinfectant.
Fight inflation with more inflation! The best cure for high prices though is HIGH PRICES.
"Inflation is the tax collector for the Liberal World Order."
~ Thomas Massie
The thing is....
When you burn up all the cheap energy --- all that remains (and there is a lot of it) is expensive energy... obviously that drives inflation ...
Shale binge has spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
Shale boss says US has passed peak oil | Financial Times https://archive.ph/tjl6J
Our energy predicament, including why the correct story is rarely told https://ourfiniteworld.com/2022/07/28/the-worlds-self-organizing-economy-can-be-expected-to-act-strangely-as-energy-supplies-deplete/
“In the International Energy Agency’s judgment, it is quite possible that global oil production will be inadequate to meet demand as soon as next year.”
The world would have been in a permanent oil crisis since 2005 without USA shale. Conventional oil peaked back then and USA shale cannot expand like that again. Offshore drilling would require higher prices to be profitable than are now the case. There are no present alternatives to fossil fuels, and “there is no way back to cheap energy”. The only realistic move for the short-term is to abandon sanctions on Russia to see Europe through this winter or else democracies may fall. (Another fear is that China will grow, suck up more oil, raise the price and dump the West into crisis.)
> A winter energy reckoning looms for the west
Across the world, politicians are ever more desperately looking to contain the explosive consequences of the energy crisis.
…. What is not available anywhere is a quick means for increasing the physical supply of energy. This crisis is not an inadvertent consequence of the pandemic or Russia’s brutal war against Ukraine. It has much deeper roots in two structural problems.
First, unpalatable as this reality is for climate and ecological reasons, world economic growth still requires fossil fuel production. Without more investment and exploration, there is unlikely to be sufficient supply in the medium term to meet likely demand. The present gas crisis has its origins in the Chinese-driven surge in gas consumption during 2021. Demand grew so rapidly that it was only available for European and Asian purchase at very high prices. Meanwhile, respite from rising oil prices this year has only materialised when the economic data from China is unpropitious. In the International Energy Agency’s judgment, it is quite possible that global oil production will be inadequate to meet demand as soon as next year.
For much of the 2010s, the world economy got by on the shale oil boom. Without US production more than doubling between 2010 and 2019, the world would have been trapped in a permanent oil crisis since 2005, when conventional crude oil production — oil drilled without hydraulic fracturing or from tar sands — stagnated.
But American shale cannot expand at the same rate again. Although the largest US shale oil formation — the Permian Basin in western Texas and south-eastern New Mexico — is projected to reach record output next month, overall US output is still more than 1mn barrels per day below what it was in 2019. Even in the Permian, daily production per well is declining.
More offshore drilling, of the kind opened up in the Gulf of Mexico and Alaska by the Inflation Reduction Act, will require higher prices, or investors willing to pour in capital regardless of the prospects for profit. The best geological prospects for a game changer akin to what happened in the 2010s lie with the huge Bazhenov shale oil formation in Siberia. But western sanctions mean that the prospect of western oil majors helping Russia technologically is a geopolitical dead end.
Second, little can be done that would immediately accelerate the transition from fossil fuels. Britain’s planned micro nuclear reactors will not be completed until the 2030s. Running electricity grids on solar and wind base loads will require technological breakthroughs on storage. It is impossible to plan with any confidence what progress will have materialised in 10 years, let alone next year. But precisely because an energy transition is essential to reduce fossil fuel consumption, large-scale, blue-sky investment is imperative.
The only way forward is realism for the short term, recognising that there is no way back to cheap energy, allied to radical, long-term ambition. A grasp of geopolitical realities is also essential. The US remains by some distance the world’s dominant power. Its naval power guarantees open waters for international trade. World credit markets depend on dollars. But Washington does not have the power to direct China and India’s energy relations with Russia.
This coming winter will bring a reckoning. Western governments must either invite economic misery on a scale that would test the fabric of democratic politics in any country, or face the fact that energy supply constrains the means by which Ukraine can be defended.
What was I thinking -- cheap oil is infinite... silly me!
Have you ever noticed... that it's the MSM that generally tells us that we have decades of oil remaining?
And that long before we run out of the stuff we will all be driving EVs and enjoying unlimited energy from solar panels?
In fact California just said they'll ban ICE vehicles in 2015.
Didja ever consider that perhaps the MSM is pushing this nonsense -- cuz they want you to believe that we are not running out of cheap energy?
The MSM does hint at the problem from time to time -- but nobody reads this stuff...
Shale binge has spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
Shale boss says US has passed peak oil | Financial Times https://archive.ph/tjl6J
And since you mentioned OFW:
Our energy predicament, including why the correct story is rarely told https://ourfiniteworld.com/2022/07/28/the-worlds-self-organizing-economy-can-be-expected-to-act-strangely-as-energy-supplies-deplete/
You don't get it, libertate; this is just like with cholesterol...
There is:
> bad inflation and
> good inflation
They must be printing the anti-inflationary kind of dollars...
Well, when it comes to economics, I Follow the Dismal Science™, and that means Relying on Experts™ like the renowned and gnomish Court Economist Robert Reich:
"Reminder: Inflation isn’t being driven by government spending. It’s being largely driven by the fact that a handful for mega corporations have consolidated their market power and can raise prices on consumers."
https://twitter.com/RBReich/status/1561039261142589440
Disregard the disinformation about printing presses and all that other nonsense, you can take this to the bank!
Well current events here in Canada are proving Mark Twain somewhat mistaken. Our legislature is not even in session, at least not in person and our PM spends a lot more time in the air than on the ground in Canada but our 'lives, liberty or property' still aren't safe.
Oh, don't worry.
The "Honourable" Chrystia Freeland will protect you.
After all, she comes from a rich family tradition of standing up against State tyranny.
https://edmontonjournal.com/news/politics/paula-simons-school-of-hate-was-foreign-affairs-minister-chrystia-freelands-grandfather-a-nazi-collaborator
Funny how apples never fall far from the tree.
Yup. We are ‘effed
Another brilliant quote from Mark Twain. Thank you libertate🙌🏼
Agreed, I am going to do more reading . . . if I can stop reading all these Substacks. : )
Allow me to recommend...
https://mises.org/library/anatomy-state
Thank you!
"High energy prices are great... they speed up the Green Transition"
-Chrystia Freeland, Canadian Finance Minister
Edit: Since this got some likes, might as well plug the piece I wrote this AM - https://zhcommenter.substack.com/p/the-vax
Green is made of PEOPLE. PEOPLE!
Sounds lije Soylent Green; made of people
Which she knows is not possible:
Replacement of oil by alternative sources
While oil has many other important uses (lubrication, plastics, roadways, roofing) this section considers only its use as an energy source. The CMO is a powerful means of understanding the difficulty of replacing oil energy by other sources. SRI International chemist Ripudaman Malhotra, working with Crane and colleague Ed Kinderman, used it to describe the looming energy crisis in sobering terms.[13] Malhotra illustrates the problem of producing one CMO energy that we currently derive from oil each year from five different alternative sources. Installing capacity to produce 1 CMO per year requires long and significant development.
Allowing fifty years to develop the requisite capacity, 1 CMO of energy per year could be produced by any one of these developments:
4 Three Gorges Dams,[14] developed each year for 50 years, or
52 nuclear power plants,[15] developed each year for 50 years, or
104 coal-fired power plants,[16] developed each year for 50 years, or
32,850 wind turbines,[17][18] developed each year for 50 years, or
91,250,000 rooftop solar photovoltaic panels[19] developed each year for 50 years
The world consumes approximately 3 CMO annually from all sources. The table [10] shows the small contribution from alternative energies in 2006.
http://en.wikipedia.org/wiki/Cubic_mile_of_oil
“To provide most of our power through renewables would take hundreds of times the amount of rare earth metals that we are mining today,” according to Thomas Graedel at the Yale School of Forestry & Environmental Studies. So renewable energy resources like windmills and solar PV can not ever replace fossil fuels, there’s not enough of many essential minerals to scale this technology up. http://energyskeptic.com/2014/high-tech-cannot-last-rare-earth-metals/
Renewable Penetration https://gailtheactuary.files.wordpress.com/2017/12/iea-primary-energy-suppy-1973-and-2015.png
Renewable Energy’s $2.5 Trillion Problem https://www.technologyreview.com/s/611683/the-25-trillion-reason-we-cant-rely-on-batteries-to-clean-up-the-grid/
Renewable energy 'simply won't work': Top Google engineers
Two highly qualified Google engineers who have spent years studying and trying to improve renewable energy technology have stated quite bluntly that whatever the future holds, it is not a renewables-powered civilisation: such a thing is impossible.
Both men are Stanford PhDs, Ross Koningstein having trained in aerospace engineering and David Fork in applied physics. These aren't guys who fiddle about with websites or data analytics or "technology" of that sort: they are real engineers who understand difficult maths and physics, and top-bracket even among that distinguished company.
Even if one were to electrify all of transport, industry, heating and so on, so much renewable generation and balancing/storage equipment would be needed to power it that astronomical new requirements for steel, concrete, copper, glass, carbon fibre, neodymium, shipping and haulage etc etc would appear.
All these things are made using mammoth amounts of energy: far from achieving massive energy savings, which most plans for a renewables future rely on implicitly, we would wind up needing far more energy, which would mean even more vast renewables farms – and even more materials and energy to make and maintain them and so on. The scale of the building would be like nothing ever attempted by the human race.
In reality, well before any such stage was reached, energy would become horrifyingly expensive – which means that everything would become horrifyingly expensive (even the present well-under-one-per-cent renewables level in the UK has pushed up utility bills very considerably).
http://www.theregister.co.uk/2014/11/21/renewable_energy_simply_wont_work_google_renewables_engineers/
“They”- TPTB- know all this. They know the “green energy” transition is not possible, and therefore will not happen. So what do you think they hope to achieve in this ?
The mob is stupid - but not so stupid as to understand energy resources are finite...
'Renewable Energy' is about convincing them that it does not matter if oil runs out == we will have transitioned off fossil fuels long before that happens.
Notice the PR - how many countries have stated they will ban petrol and diesel vehicles by the end of the decade... obviously that is impossible... however it convinces the mob that the transition will be complete in the near term.
And they don't panic.
There ARE ways to manage somewhat sustainably into the future, but the level of education and compliance across the board needed to achieve this is mind-boggling. I'm not sure that it can be done. Not with almost 8 billion people in the mix. Hell, even with only 1 billion people in the mix the future would still be difficult! People don't like change. And they're not great at conforming long-term. And they're hedonists.
I don't think humans realise just how precarious a position we are in right now. Back in 2000 was probably the time we NEEDED to implement loads of changes...but it wasn't done...because people are greedy. Now we have people like Schwab saying the 'elites' should take over and the rest of us should just fall into line by letting them control everything whilst the people own nothing and are happy about it. Yeah, that always worked out so well for the plebs through history, didn't it?! Now, if they had a REASONABLE solution then more people might sign up for it - but their solution is evil and it won't fix the problems.
I do think people need to get along with less. We're a very greedy society and we're using up too many resources. The thing is, there's always another way, and there's always a better solution. People need to think outside the box more, but still reasonably. The problem is that the human race normally doesn't make massive change until they're on the precipice of being wiped out. Then they do crazy inventing and all sorts of things to get us out of the hole we're falling into - only to have it hijacked by evil people who choose to use these inventions for evil instead of good. It's a vicious cycle.
Perhaps we should get rid of ALL humans! :-D
You first.
Absolutely. I'm fine to go! I've done plenty of things I'm happy with in my life. If it's over, it's over. I practice what I preach, Guttermouth (too much zeal in my genetics - there's a whole pile of Methodist Ministers in my past, I'm afraid!!).
I'm part of "all humans," however, and I don't intend to go quietly.
Who said YOU have to go quietly?! :-D Anyway, this is you, Guttermouth, I wouldn't expect it ;-)
And I will try to live as long as is reasonably possible so long as my life is going OK, but when my time is up, my time is up. If I get taken out by a bus or have a massive heart attack or get a terminal diagnosis of cancer, or someone blows my brains out, well, that's it then.
Anyway, the world would probably be a lot better off without so many humans. Perhaps when we were living in smaller clans, things were OK. But we've gotten so big we are now an infestation. Nature tends to have ways to deal with infestations. It's not always pretty, in fact it's often ugly, but then things start afresh again - and Life continues, whatever Life may be...
Awww, thanks so much for the proposal, but I shall gracefully decline ;-)
I actually have a heart and soul. Just because I have thoughts you don't agree with (which I'm not forcing on anyone) shouldn't get me lumped in with the WEF...
All I was saying that 'perhaps' humans ought to disappear - and with a laughing face no less! Obviously I don't want to die nor do I want to see loads of other people die either, but you take is as you want...
So the bottom line is that we need to get rid of people. They're using up too may resources.
Hmmm...seems we're screwed any which way you look at it!
Thank you for the links.
Your post reiterates the points made by sane scientists, and the technically literate, for these many decades. To no avail. Attempts to deploy logic, especially logic that includes that most racist of the devil's tools, mathematics, is simply not permitted.
But it was a damn good post anyway.
Do a Substack on this. People will read this kind of content/research
Better to just follow this https://ourfiniteworld.com/
That's the home of Fast Eddy.
Ford raises price of electric F-150 Lightning by up to $8,500 due to 'significant' battery cost increases https://www.cnbc.com/2022/08/09/ford-increasing-price-of-electric-f-150-lightning-.html
They all get paid for the shit they gobble...
Never in the history of humans have we VOLUNTARILY reduced our resources. WTF do they think will happen as a result?
Based on reading WEF propaganda they seem to think over half’s the Earth’s human population will quietly disappear in a “civil” manner without having any negative impact on the production of energy, goods, or services.
The pro-scarcity morons pushing this have no idea how anything physical is produced or made. They treat everything like an input for a computer program. Look at Covid - the reaction and models were based on the spread of a computer virus, and their “mitigation” based on how you stop computer viruses, not a human respiratory virus passing between human mammals.
Exactly. To them we're just numbers on a spreadsheet, infinitely interchangeable.
Not possible. If there is a cull - supply chains collapse.
Those not culled starve.
See this https://www.headsupster.com/forumthread?shortId=220
Absolutely. Especially since they seem intent on keeping the managerial and activist classes. 😂
The technocrats are screwed and they have no clue.
A very “progressive” sitting member of congress attends the same country club I do. So do other woke politicians and their faithful followers.
My husband is from rural VA and I was an outdoor adventure guide in undergrad. We have a lot of crunchy friends, and a lot of redneck friends, and the groups kinda merged during Covid because now everybody is armed and none of them are vaxxed.
Anyway, we bought a house in the NC mountains during Covid. If this thing really takes hold and heads south, we’re heading for the Rednecks because I can process a deer, hubby can hunt, and our friends in sticks already know how to barter and live off the land. The rednecks are also more fun and still have a sense of humor. They’ll survive just fine while the wokies melt down in their urban dystopias as they are each faced with the sudden realization Jeff Bezos doesn’t wave a magic wand to make food magically appear, Bill Gates has no clue what he’s talking about, and all those arts and crafts supplies to make posters when screaming at strangers are completely worthless when food is scarce and heat is by wood fire.
I still have faith enough people with enough damn sense will wake up in time, but then I watched 🐑 parents compliantly cover their kids’ faces in what they always knew deep down was a completely useless face diaper with fun side effects like impaired speech, depression, and diminished social skills. We have faith in humanity, but also a solid plan B. 😂
Hate to rain on the parade...
There are 4000 Spent Fuel Ponds Around the Globe…
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
http://science.time.com/2011/03/15/a-new-threat-in-japan-radioactive-spent-fuel/
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
https://pubmed.ncbi.nlm.nih.gov/16628547/
And people say Nuclear energy is the future. Ha!! We still can't dispose of spent fuel rods effectively. Nuclear has always been a BAD idea in my books.
Then stick with fossil fuels because wether dependent sources can’t come close to providing for modern energy needs and they are dirty as all get out to produce the equipment that has an extremely short lifespan.
That assumes a post nuclear war scenario. Not sure I want to stick around to see that anyway.
They will have mass chaos and global rioting and supply chain collapses if the WEF manages to off 5-10% of the global working age population. They’ll be burned at the stake, literally, long before they cause the deaths of 5-6 billion people. Long before spent fuel rods get abandoned to irradiate the Earth.
Unless they go with nuclear weapons, then they’ll reach their goal plus some. Hiding in Davos won’t save them from either scenario. Personally I’d prefer to avoid any worst case scenario.
More likely will just be what we see every other time moron totalitarians take over, particularly leftist ones. The poor suffer immensely. The middle class become poor. Food shortages break out particularly in urban areas. Lots of violence in the streets.
Did I mention we also got our conceal carry?
There is a zerohedge article on this:
https://www.zerohedge.com/geopolitical/something-looming-geopolitically-and-we-better-start-taking-it-seriously
Don't miss the picture of the glee club/chorus line a the end of the article.
We'll go extinct https://www.headsupster.com/forumthread?shortId=220
There's a youtube video by Chris Martenson on his peak prosperity channel where he goes over the same idea, i.e., we're past the cheap energy and into the expensive stuff. I tried finding the video but wasn't able to see it at a quick glance (there's a lot on his channel).
If you accept this concept then you have to accept that the wanna-be world rulers are doing the right thing, i.e., there're too many of us to support with dwindling resources. That's a malthusian way of thinking and I don't think this way. I get the impression that Chris doesn't either but not sure. I haven't seen many of his videos. So much info, so little time.
I'm not a financial expert but I get the impression that the financial system is on life support and has been for years and that that became obvious in 2008. Energy? Resources? Just like the financial system, I believe those shortages are man made not natural and I don't think the globalist cabal is anywhere close to doing the right thing. They're just trying to look out for themselves but doing so in an extremely short sighted manner that will end badly for them as well.
This goes back to the Club of Rome and even before that to the eugenicists. Thomas Malthus was born in the late 1700's. Nothing new: selfishness and short sightedness has been around since original sin.
This is better than martenson (he is flogging end of the world survival bs...) https://ourfiniteworld.com/
Or just read this...
SEE PAGE 59 - THE PERFECT STORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
You are correct. This is man made, there is plenty of cheap energy, and they are doing everything to make it as expensive as possible. Controlling the global energy supply, impoverishing millions, and cementing their role at the top of society is the game. Why give the plebs growth and opportunity, when you can reduce them to serfs? The deer tats of William the Conqueror ruled 900 years, Ghengis Khans descendants ruled 800 years. This is what the current oligarchs want.
What "they" want. Chaos and death.
German governments and being too clever by half at the expense of their people.
Name a more iconic duo.
Switzerland looking at real trouble as well.
Thirty years ago the German auto workers funded Greenpeace through payroll deduction. Today Germany goes begging to the likes of Justin Trudeau (at war with domestic energy production and prosperity) for energy. I see a trend.
"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.
Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become "profiteers," who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds... all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
~John Maynard Keynes, The Economic Consequences of the Peace (1919)
All the countries have to do is pay in RUBLES if they want the natural gas. That's it.
LOL. Could be best meme ever imo.
Put more hens in the system and tell them to hurry.
Sounds like you hatched a good plan! We need to egg the people on finding solutions, not just brooding, because the european governements will just continue to cock-up as they wattle along.
Well that's a chickening out point of view.
;]
Nice Rikard!
Didn't they just kill off millions of chickens?
Yes, minks and I think cows too, maybe even pigs.
We are dealing with children. The inanity.
Hope they like leather.
What's PPI?
Producer price index... I think
Oh yes! Duh, lol!
Performative political idiocy
always good to ask, in another world it means pores per inch relating to open cell urethane foam ;)
: )
Well, DUH !
Thank-you, I was going to ask the same thing.
The Beatles wrote a song about this called "Revolution". Ironically, they stole the opening guitar riff from Pee Wee Crayton. I'm sure there is a lesson in there somewhere, I don't know what it is, besides the fact that German "leaders" might want to turn the gas back on before they go the way of Marie Antoinette.
Wall St silver blocked me when I called him out for his hyperbole when the mint said they were struggling to keep up with production as relates to the 2021 silver Morgan dollars. The mint didn't run out of silver but they tried gaming that headline as if there's a run on the metal. dyor
Stack generic rounds and bars. Ounces are ounces. Nobody will GAF about numismatics where we're headed.
There's a big difference between numismatics (coins valued for their rareness and excellent condition) and commons or 'junk,' which are valued for their metal content.
The advantage of 'junk silver' is that it is readily recognized and thus, easily traded. There is at any time a straight multiplier to face value, which simplifies transactions. Let's say it is 20; that means a US silver dime (pre-1964) is worth $2, and a quarter $5. If it is 22, then $2.20 and $5.50 respectively.
Bullion is harder to validate, thus harder to exchange. But still, better than nothing.
I have some junk silver, but my concern with it is that I will possibly be dealing with someone who is too hung up on the (worthless) fiat value. Same for any AGE's which have the (worthless) fiat values embossed on them.
Either way, keep stacking! Every bit removed from the system counts!
Don't worry. When TSHTF, the people you are dealing with will learn quick or die. The number printed on the coin tells how much silver is in it, not what it is worth. If junk silver is the de-facto medium of exchange that evolves when greenbacks have gone the way of the Deutsche-mark under Weimar, they will learn.
*not advice tho many of the numismatics offered at the US Mint **that sell out** are gains in hand immediately (there's probably exceptions but i'd like to find them if so ;) )
i like eagles what can i say, for the metal you can do far better efficiency buying generics which are not as interesting to me (plus it's just my opinion that generics present and are at higher risk regarding fakes) wasn't too long ago somewhere in Canada had tungsten packaged up real pretty
There's an interesting commentary on silver on kitco where the host interviews Chen Lin.
Unfortunately, lots of people learn the wrong lesson from that Twitter video. They respond with something like, "Well, that's the free market for you."
Then there is the other story I heard somewhere, but I cannot remember where. A [Banker/WEF’er or whatever Evil there is] hires a man and pays him well. He gets married, owns his own home and seems to be getting along well.
One day, he speaks with his boss about how wonderful his wife is and what an asset she would be to the company. He states, she cannot find a job which pays well enough for her level of talent and asks the employer to hire her.
The employer agrees to hire his wife for half of his wage. He and his wife agree and they both continue happily. Suddenly, hard times hit and the company calls the man in, stating they must lay him off, as they can no longer afford his wage.
Devastated, the man goes out in search of employment, but cannot find a decent wage. He goes back to his employer and asks to be hired back. The employer agrees to hire him back at half of his wife’s salary.
Does this remind you of something???
You mean all the big companies in the USA laying everyone off and hiring people for about a quarter of what the original employees made. OR using temps that actually get about 1/10 of the original emloyees?
Yup!!!!
[Evil] being [Evil] slave drivers!!!
[Slavery] never ended!!!
Nope. They just farmed out to different slave owners. 😢
Just so everyone knows where my mind is at, I initially misread "gatospies™" as "gatopsies™".
And to think I used to be so upbeat. The last three years have taken a toll.
Ok, just read it again, this time as 'gatopies'. I just made wild blueberry!
Me too!
I regret to confirm that I did the same...
I could watch that all day. (Nothing else good on anyway...)
I know the world wars were their fault, but isn’t committing suicide *now* a bit late?