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Reaching the end of offshored industrialization
Reaching the end of offshored industrialization Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may be less interested in trading. Also, the broken supply lines of 2020 and 2021 showed that transferring major industries […]
The Ideological Battle Behind the U.S. Debt Crisis
The Ideological Battle Behind the U.S. Debt Crisis The U.S. national debt is at 34.7 trillion dollars. If you laid that many dollar bills end-to-end, it would wrap around the Earth 134,599 times. That’s enough to travel to the sun and back 17 times. Suffice it to say, we’re in a pickle. America is slowly approaching […]
Our Crisis of Competence
Our Crisis of Competence If this is what passes for competence while we cheerlead “the Roaring 20s”, then our delusion has reached “what looks like a permanently high plateau.” That America is mired in a crisis of competence appears to be yet another issue that can’t be addressed directly as it might upset the narrative control that all […]
A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countries
A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countries Ecuador has sought funding to fight the effects of climate change, like this June 2023 flood that followed heavy rains in Esmeraldas. So far, the developed world has offered the debt-strapped nation more loans than grants. […]
‘Effectively worthless’: EV bubble bursts
‘Effectively worthless’: EV bubble bursts The proverbial ‘arse’ has fallen out of the EV market, and it’s those who have already bought who are the biggest losers. Top Gear star’s bold claim about EV collapse The electric vehicle bubble is bursting. They were meant to be the environmental panacea – the guilt-free answer to travel. […]
Today’s Contemplation: Collapse Cometh CLXXX–She Blinded Me With Science, and More on the ‘Clean’ Energy Debate…
Today’s Contemplation: Collapse Cometh CLXXX She Blinded Me With Science, and More on the ‘Clean’ Energy Debate… For whatever reason, I just can’t seem to help myself… The most relevant issue for the first part of this Contemplation is a loose definition and lack of agreement at the outset on what all of us involved […]
Aluminum Prices Hit Two-Year High On Smelter Output Limits In China
Aluminum Prices Hit Two-Year High On Smelter Output Limits In China Aluminum prices in London reached their highest in two years as the industrial metals rebound theme continued, driven by a combination of supply constraints and the prospect of increased demand in China and the US. The latest driver for the silvery-white, lightweight metal, used in everything from vehicles […]
The Destiny of Civilization
The Destiny of Civilization From the cave to the stars…? Photo by Greg Rakozy on Unsplash We live in dangerous times. Everything seems to be out of normal: stagnating economies, inflation, wars and an unfolding ecological and climate disaster. This is clearly not how things ought to be… While many just wave a hand and say, we will […]
“Global Trade War Looms, But It’s Not Just Trade War To Fear”
“Global Trade War Looms, But It’s Not Just Trade War To Fear” History, Humility, and Wishful Thinking The UK election and the “I will protect you, but forgot my umbrella” Tory campaign have both been shaken up by its pledge to bring back conscription for 18-year-olds. This is seen as a desperate gamble and sad […]
The Deeper Dive: Record-Shattering Stealth Recession Approaching
The Deeper Dive: Record-Shattering Stealth Recession Approaching Why we won’t see the next recession coming and why it may not be reported as a recession even if it is the worst recession since the Great Depression. (But YOU’LL certainly feel it in your bones!) The next recession has all the ingredients to become the worst […]
German Minister admits ruinous home heating ordinances were merely a “test” to determine “how far society is prepared to go in terms of climate protection”
German Minister admits ruinous home heating ordinances were merely a “test” to determine “how far society is prepared to go in terms of climate protection” We are governed by crazy lunatics, Part 2436502345. The Greens really are every inch as crazy as they seem to be. Climate policies have long been a source of annoyance […]
The Holy Trinity
The Holy Trinity Getting a grip on energy, materials and civilisation I like trying to get to the internal organs of the matter. Not just the heart, but also the brain, the kidneys, the stomach, the lungs, the skeleton. My conversation with Tim Garrett last week did just that, centring the matter of the universe alongside energy […]
CEO Of Russia’s Second-Largest Bank Warns: “US Is Inevitably Headed For A Serious Economic Crisis”
CEO Of Russia’s Second-Largest Bank Warns: “US Is Inevitably Headed For A Serious Economic Crisis” Last September, we told readers that the US national debt was skyrocketing at a staggering $1 trillion every three months—roughly every 100 days. Since then, the debt spending has gotten worse. Out-of-control spending has delayed the US economy’s day of reckoning in […]
