What Oil Companies Face: The WTF-Collapse of Consumption of Gasoline & Jet Fuel from Long-Term Weakness
What Oil Companies Face: The WTF-Collapse of Consumption of Gasoline & Jet Fuel from Long-Term Weakness Transportation fuel demand rose to where it had been in … 1997. While the overall S&P 500 Index is down 2.7% in October, about flat for the three-month period, and up 2.8% for the year, the S&P 500 Energy […]
Try 2021
Try 2021 Henri Rousseau The Flamingoes 1907Had a little email exchange with Dave Collum this week. We go way back, more than two weeks even. It’s been a while though, Twitter cut me off from Dave’s tweets ages ago for some reason, and that’s just one person I know they did that with; how many others, no […]
EU Polices on Farming will Create a Famine
EU Polices on Farming will Create a Famine The EU is indeed playing into our model which has been projecting this would be a commodity wave built on food shortages. They will indeed contribute to worldwide famine and they have been supported by Bill Gates which seems to actually play into his desire to […]
A Biden Presidency Will Mean A Faster US Collapse
A Biden Presidency Will Mean A Faster US Collapse The election of 2020 is perhaps the most bizarre affair in modern American history; not since the post Civil War turmoil of reconstruction and the election of 1876 have we seen the nation divided so completely along ideological lines. Questions of states rights vs. federal power […]
It Is Important To Always Be Learning
It Is Important To Always Be Learning The embarrassment of being one of those people that could be described as a “know it all” around the age of twenty should haunt me but I have learned from it. Thinking you have it all figured out at an early age will most likely leave you surprised […]
Australia’s Perth Mint Silver Bullion Sales Surge In 2020
Australia’s Perth Mint Silver Bullion Sales Surge In 2020 With the newest update just released, Perth Mint silver bullion sales surged in the first three quarters of 2020. And, for the first time in many years, the Perth Mint sold more than two million oz of silver bullion in a single month this year. The […]
No, GDP Didn’t Jump “33.1%” in Q3, But 7.4%, after Plunging 9% in Q2: Time to Kill “Annualized” Growth Rates. Imports, Powered by Stimulus, Dragged on GDP
No, GDP Didn’t Jump “33.1%” in Q3, But 7.4%, after Plunging 9% in Q2: Time to Kill “Annualized” Growth Rates. Imports, Powered by Stimulus, Dragged on GDP GDP back to Q1 2018. Worst ever “net exports.” The decline in government spending was also a drag. “GDP per Capita” bounced back only to 2017 level. The […]
Pipe Dream: Taxpayer-Owned TMX Is a Bust, Concludes Analyst
Pipe Dream: Taxpayer-Owned TMX Is a Bust, Concludes Analyst Expect no Asian windfall for oilsands crude, says a new report by expert David Hughes. Prime Minister Justin Trudeau announces cabinet’s approval to greenlight the TMX project on June 18, 2019. Photo by Sean Kilpatrick, the Canadian Press. Remember that 67-year-old pipeline and its controversial bitumen expansion […]
ALICE Doesn’t Work Here Anymore
ALICE Doesn’t Work Here Anymore What the political class and the Financial Nobility don’t yet grasp is that ALICE will never go back to her insecure, low-wage job, ever. Meet ALICE: Asset Limited, Income Constrained, Employed, at least she was employed until the pandemic presented impossible choices between taking care of her children and their education, […]
Capitalism Will Ruin the Earth By 2050, Scientists Say
Capitalism Will Ruin the Earth By 2050, Scientists Say The good news is, by cutting our consumption, there’s another way. IMAGE: GETTY IMAGES A spate of new scientific research starkly lays out the choice humankind faces in coming decades: By 2050, we could retain high levels of GDP, at the price of a world wracked by […]
NSA Dodges Questions About Controversial “Backdoors” In Tech Products
NSA Dodges Questions About Controversial “Backdoors” In Tech Products Edward Snowden’s whistleblowing campaign exposed the National Security Agency in 2013 for having “backdoors” into commercial technology products. The US spy agency worked with some Silicon Valley tech firms to develop covert methods of bypassing the standard authentication or encryption process of a network device so […]
New COVID-19 Security Measures Will Make Health a Prerequisite for Travel
New COVID-19 Security Measures Will Make Health a Prerequisite for Travel As the multi-sector, global response to the coronavirus tightens the noose around civil liberties, CommonPass stands out as one of the most appalling and dangerous attacks on basic human rights in the name of public health. ***** Imagine standing at a TSA security checkpoint […]
2021 A Year of Mass Bankruptcy – John Rubino
2021 A Year of Mass Bankruptcy – John Rubino Financial writer John Rubino says, “2021 is going to be a pivotal year” in the debt markets. Rubino says lots of debt will either be bailed out or defaulted on in some way. Because of CV19, there is no getting around this. The debt clock has […]
Today’s Contemplation: The Coming Collapse VIII
October 30, 2020
Today’s Contemplation: The Coming Collapse VIII Chitchen Itza, Mexico (1986) Photo by author Once again, a comment I posted in response to an article on The Tyee. Where to begin? I realise this article is primarily about a federal political party and its future but there are two underlying issues that are discussed that need far […]
Continue Reading →