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Gazprom Will Halt Gas Flows To Moldova In 48 Hours Over Non-Payment
Gazprom Will Halt Gas Flows To Moldova In 48 Hours Over Non-Payment European natural gas prices could surge as new reports indicate Gazprom will halt all natural gas flows to Moldova, an Eastern European country, in 48 hours over non-payment for its gas consumption. The news follows Germany’s energy regulator, which suspended the approval process for the […]
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release In an apparent ‘threat’ response to headlines suggesting the Biden administration is attempting to coordinate a global SPR release to push down oil prices (and following reports from Japanese media that the government is preparing to release crude from its strategic stockpiles), the Riyadh-based International Energy Forum said OPEC+ […]
When Everything Is Artifice and PR, Collapse Beckons
When Everything Is Artifice and PR, Collapse Beckons The notion that consequence can be as easily managed as PR is the ultimate artifice and the ultimate delusion. The consequences of the drip-drip-drip of moral decay is difficult to discern in day-to-day life. It’s easy to dismiss the ubiquity of artifice, PR, spin, corruption, racketeering, fraud, collusion […]
Weekly Commentary: Trouble on the Horizon
Weekly Commentary: Trouble on the Horizon November 19 – Reuters (Francois Murphy and Paul Carrel): “Austria will become the first country in western Europe to reimpose a full COVID-19 lockdown, it said on Friday as neighbouring Germany warned it may follow suit, sending shivers through financial markets worried about the economic fallout. Europe has again […]
The Futility of Central Bank Policy
THE FUTILITY OF CENTRAL BANK POLICY It is only now becoming clear to the investing public that the purchasing power of their currencies is declining at an accelerating rate. There is no doubt that yesterday’s announcement that the US CPI rose by 6.2%, compared with the longstanding 2% target, came as a wake-up call to […]
Can the Green New Deal save us? No it can’t.
Can the Green New Deal save us? No it can’t. Advocates for a Green New Deal are for a collection of admirable goals which it is usually taken for granted can be achieved within a capitalist economy and while the pursuit of economic growth continues. Here is an indication of the main reasons why these […]
The End of Growth: ten years after
The End of Growth: ten years after Fifty years ago the authors of the groundbreaking book The Limits to Growth showed that, in any of a series of computer-generated scenarios, world economic growth would end sometime during the 21st century. Using simple math and logic, they pointed out that growth in any material input or output cannot continue […]
Net-Zero Policies: Taking From the Poor and Giving to the Rich
British Prime Minister Boris Johnson (R) and Australia’s Prime Minister Scott Morrison gesture prior to a bilateral meeting on the sidelines of the G20 summit in Rome, Italy, on Oct. 30, 2021. (Kirsty Wigglesworth- Pool/Getty Images) VIEWPOINTS Net-Zero Policies: Taking From the Poor and Giving to the Rich It is too often overlooked in all […]
Some Thoughts About COP-26
Some Thoughts About COP-26 Whether you love, hate, or don’t care about Greta, one must admit that she really gets it right in this video. Like most people, she has grown in her knowledge and now no longer sees technological devices as a way out of the predicament of ecological overshoot. Of course, the COP […]
«The Fed Reminds Me of a Speculator Who Is on the Wrong Side of the Market»
«The Fed Reminds Me of a Speculator Who Is on the Wrong Side of the Market» Jim Grant, editor of Grant’s Interest Rate Observer, warns of the rampant speculation in the stock market. He worries that the central banks are underestimating the threat of persistently high inflation and explains why gold has a bright future. […]
Lack Of New Fossil Fuels Investment May Trigger A New Financial Crisis
Lack Of New Fossil Fuels Investment May Trigger A New Financial Crisis I am an oilfield veteran of 38+ years. Retired from Schlumberger since 2015. My background is drilling and completion fluids. I have authored a number of technical papers on completion topics. I have worked around the world- Brazil, Russia, Scotland, and the Far […]
The End Of Venezuela’s Oil Era
The End Of Venezuela’s Oil Era Venezuela, once Latin America’s largest oil producer and a founding member of OPEC, has seen its economically vital oil industry collapse triggering one of the worst economic and humanitarian crises of the century. The pain is far from over for Venezuela’s people and the country’s failing economy. Before 1920, […]
Food Insecurity: The exacerbating factors
https://sustainablefoodtrust.org/articles/food-insecurity-the-exacerbating-factors/
The Most Splendid Housing Bubbles in Canada “Pause” after Bank of Canada Ends QE, Starts Unwinding its Balance Sheet
The Most Splendid Housing Bubbles in Canada “Pause” after Bank of Canada Ends QE, Starts Unwinding its Balance Sheet Home prices fell in Vancouver, Ottawa, and Montreal; were flat in Toronto, other cities for the first time since 2019. So this is something that hasn’t happened in the Canadian housing market since 2019: The Teranet-National […]
Supermarkets Alter Layouts, Use Decoys to Fill Gaps Left by Shortages
Supermarkets Alter Layouts, Use Decoys to Fill Gaps Left by Shortages While chaos reigns in supply chains, grocery stores are trying to present an appealing and seemingly organized front for customers. To do so, some are turning to age-old tricks of the trade, and developing new ones, to cover up gaps on the shelves. That […]
