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IEA, OPEC Slash Oil Demand Outlook Amid “Headwinds” From Spreading Delta Variant
IEA, OPEC Slash Oil Demand Outlook Amid “Headwinds” From Spreading Delta Variant The International Energy Agency and Goldman Sachs are both warning that global oil demand is facing headwinds due to the spread of the COVID-19 Delta variant: “Growth for the second half of 2021 has been downgraded more sharply, as new COVID-19 restrictions imposed in […]
Inequality Could Be Addressed By Removing Our Options
Inequality Could Be Addressed By Removing Our Options Recently I stumbled upon an interesting and informative YouTube video on the environment that gives information on both sides of the question, “is there a climate change crisis?” A fella who has studied this subject indicated there is not and what we are being told by many […]
Government “Stimulus” Keeps Having a Diminishing Effect
Government “Stimulus” Keeps Having a Diminishing Effect The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the prepandemic level. This should be viewed as good news until we put it in the context of the largest fiscal and monetary stimulus in […]
Renewables Need Big Oil To Thrive
Renewables Need Big Oil To Thrive We need the expertise, experience, and financial backing of Big Oil to drive wind energy forward in the U.S., following years of strong investments from oil firms across the country kickstarting the industry. As activists and international agencies continue to criticize Big Oil for its role in climate change and […]
Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default
Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default Photo by Senator Mark Warner CC BY 2.0 Two years ago, the debt ceiling was lifted. Lifting the debt ceiling to make room for more government spending has been pretty routine since since 1917. Until now… While it’s quite likely that U.S. debt had already reached […]
Crisis hiding in plain sight
Crisis hiding in plain sight Putting a positive gloss on the news is especially important as we attempt to recover from a pandemic. And if that positive gloss is green in colour, so much the better. And so yesterday we were treated to the news that: “More electric vehicles were registered than diesel cars for the second […]
Peter Schiff: Central Banks Have Created the Mother of All Bubbles
Peter Schiff: Central Banks Have Created the Mother of All Bubbles The Federal Reserve and other central banks around the world have pumped trillions of dollars into the global economy and depressed interest rates to artificially low levels to blow up the mother of all bubbles. In his podcast, Peter Schiff explained how the recent […]
The Future is a Landscape
The Future is a Landscape I’ve been reflecting of late about the way that our habitual expectations about change blind us to the way that change actually happens. One of the most important of these is the frankly weird but pervasive notion that the future is a single place, where only one kind of thing […]
Behind the Curtain
Behind the Curtain Jennifer Accuri, who had a love affair with Boris Johnson and obviously knows him very well, has also been out talking about what is going on behind the curtain. I have heard that this drive for 100% vaccination has at its core the attempt to whip society into obedient drones. That is […]
Tough Questions Generate Weak Common Assumptions
Tough Questions Generate Weak Common Assumptions Picture Of Space Tourists An article suggesting how common space travel is about to become highlights how willing people are to accept opinions as fact. Most people make assumptions based on a number of factors. These include what they see, what they hear, and more importantly, based on the general […]
Who is the Real Culprit?
Who is the Real Culprit? There is a serious question arising and that is if Klaus Schwab has been manipulated by Bill Gates? I know for an ABSOLUTE FACT that Schwab was vaccinated in February 2021. I do not believe that Schwab is conspiring with the vaccine insofar as knowing it is some form of genocide. Based […]
The Necessary Climate Solution No-one is Talking About
The Necessary Climate Solution No-one is Talking About For all the talk of renewable energy, electric vehicles and plant-based diets, there’s a gaping hole in the way we’re trying to solve accelerating climate change. We will not stay below 2°C of warming while pursuing economic growth – yet barely anyone talks about it. Since the end of […]
Gold Standard and Boom Bust Cycles
GOLD STANDARD AND BOOM BUST CYCLES According to the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate. It is held that the major cause for this deviation is increases in the money supply. Based […]
Peter Schiff: It’s Game Over if the Markets Call the Fed’s Bluff
Peter Schiff: It’s Game Over if the Markets Call the Fed’s Bluff The Federal Reserve insists inflation is “transitory” and the economy is making “progress.” Yet, it continues with the extraordinary monetary policy it launched at the onset of the COVID-19 pandemic. Meanwhile, we’re seeing all kinds of data hinting that the economy may not […]
Game Over
Game Over Game over. Occam’s Razor: The simplest explanation is often the best one. Central banks will never extract themselves. Whether they ultimately end QE is besides the point. They won’t reduce their balance sheets. They can’t. Powell’s “performance” yesterday was not an accident. He’s been running on the same theme of offering absolutely zero […]
