Oil Exploration Grows But Discovered Volumes Fall To New Lows
Oil Exploration Grows But Discovered Volumes Fall To New Lows Rystad: in the first half of 2023, explorers found 2.6 billion barrels of oil equivalent. The exploration and production (E&P) industry is in a transitionary period, with many companies exercising increased caution and shifting their strategies to target more profitable and geologically better-understood regions. In […]
The Coming Ukraine Collapse and the “Rebuilding” Headfake
The Coming Ukraine Collapse and the “Rebuilding” Headfake Marguerite Yourcenar salvaged one of the finest lines in all literature from the first version of her masterpiece Memoirs of Hadrian: “I begin to discern the profile of my death.” We are approaching that point with Ukriane, not just its military campaign, but also its economy. That […]
The Rise of Huxwell
The Rise of Huxwell Two dystopias are better than one… = HUXWELL Noam Chomsky stopped just one rung shy of perfection with his illuminating book, Manufacturing Consent, about how commercial media work as extensions of government and corporate power to manufacture the consent of the masses. Likewise, Matt Taibbi’s title, Hate, Inc. is a near-perfect indictment of cable and […]
Governments Start Calling For Price Controls – Rationing And CBDCs Come Next
Governments Start Calling For Price Controls – Rationing And CBDCs Come Next Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’ I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects […]
Jeffrey Sachs: NATO Expansion & Ukraine’s Destruction
Jeffrey Sachs: NATO Expansion & Ukraine’s Destruction Ukraine is being destroyed by U.S. arrogance, proving again Henry Kissinger’s adage that to be America’s enemy is dangerous, while to be its friend is fatal. NATO Secretary General Jens Stoltenberg at the European Parliament on Sept. 7. (NATO, Flickr, CC BY-NC-ND 2.0) During the disastrous Vietnam War, […]
The Hard Asset Inflation / Paper Asset Deflation Theory
The Hard Asset Inflation / Paper Asset Deflation Theory All fiat currencies are no more than floating abstractions of value. Society has put its faith in fiat currency issued by governments. These government-issued currencies are not backed by a physical commodity, such as gold or silver, but rather by the promises from the government that […]
Russia: The United States Is At War Against Us
Russia: The United States Is At War Against Us Russian Foreign Minister Sergey Lavrov in fresh statements made to reporters has said the Untied States in waging war against Russia through the Ukraine proxy war. Lavrov in the Russian-language comments described that Washington is not only transferring some $100 billion in military aid to Kiev, […]
The Coming Collapse of the Global Ponzi Scheme
The Coming Collapse of the Global Ponzi Scheme It won’t be long before governments around the world, including the one in Washington, self-destruct. Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist […]
New energy bill could see Brits jailed for failing to comply with ‘cultish’ Net Zero regulations
New energy bill could see Brits jailed for failing to comply with ‘cultish’ Net Zero regulations The proposed Energy Bill has been criticized as an attack on freedom and home ownership U.K. businesses and homeowners could be jailed for up to a year or fined £15,000 for non-compliance with new energy efficiency regulations proposed by […]
US Special Operations Command Will Deploy Argus AI Program to Scour Social Media for Disinformation, Misinformation and Malinformation, National Security Authority to Protect U.S. Internet from “Pain Points”
US Special Operations Command Will Deploy Argus AI Program to Scour Social Media for Disinformation, Misinformation and Malinformation, National Security Authority to Protect U.S. Internet from “Pain Points” Annnd… Here we go. If you have not read the background {Go Deep}, you will not have the appropriate context to absorb the latest revelation about how […]
Stop Using the Word ‘Sustainability’ for God’s Sake
Stop Using the Word ‘Sustainability’ for God’s Sake No. This is not sustainable. Photo by Appolinary Kalashnikova on Unsplash For millions of years us, humans, were part of Nature. We were born in the wild, lived in the wild, died in the wild. We ate what we found, drank the waters of rivers and streams, breathed air purified […]
The Failure of Neoliberalism
The Failure of Neoliberalism Backing Up Macro Alf, & Showcasing Ravel, in 11 plots and two averages The macro commentator Alfonso Peccatiello, who writes as @MacroAlf on Twitter/X and publishes the Macro Compass newsletter, recently posted an excellent thread on private debt that cited my work: Let me show you one of the most underrated and yet crucial […]
EPA Finds Toxic ‘Forever Chemicals’ in Water Systems Across the US
EPA Finds Toxic ‘Forever Chemicals’ in Water Systems Across the US The Environmental Protection Agency discovered toxic, cancer-causing “forever chemicals” in water systems across the country. The Aug. 17 finding comes after the U.S. Geological Survey found in July that perfluoroalkyl or polyfluoroalkyl chemicals known as PFAS, were found in 45 percent of water taps in […]
