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The End Of Fossil Fuels Will Be The End Of Modern Capitalism
The End Of Fossil Fuels Will Be The End Of Modern Capitalism That which is unsustainable can not be sustained Ed Yourdon from New York City via Wikimedia Commons None of us are ready for the chaos of the we are stoking, caused by the rapacious growth of what Kurt Vonnegut Jr. referred to as […]
#259: The way we live next
#259: The way we live next REFLECTIONS ON THE REAL ECONOMY “Simultaneous harvest failures across major crop-producing regions are a threat to global food security”, according to a new report published by Nature. The technical jargon here references a “meandering jet stream” but, for non-specialists, what this means is that we can no longer rely on worse-than-average crop conditions […]
Lesson of the Day: If You Weaponize the Dollar and Confiscate Assets, Expect Retaliation
Lesson of the Day: If You Weaponize the Dollar and Confiscate Assets, Expect Retaliation Russia seized the local assets of Carlsberg beer and yogurt maker Danone. It now threatens Austria’s Raiffeisen bank. Russia Seizes Western Yogurt and Beer As backdrop to the Raiffeisen bank story, consider the Bloomberg report, Russia Seizes Western Yogurt and Beer. President Vladimir […]
A Catastrophic Debt Implosion Can Be Incredibly Quick
A CATASTROPHIC DEBT IMPLOSION CAN BE INCREDIBLY QUICK Will the world experience a catastrophic debt implosion? Just like the Titan Submersible that recently imploded, the global debt bubble can implode “within just a fraction of a millisecond”. More later in the article. Are we now in the third circle in Dante’s Inferno? Dante describes the 9 circles […]
Electric Vehicles for Everyone? If the Dream Was Met, Would it Help the Environment?
Electric Vehicles for Everyone? If the Dream Was Met, Would it Help the Environment? Even if you are 100% convinced in man-made climate change, the idea the EV’s will help reduce CO2 emissions is nonsense. The Impossible Dream Hello climate change advocates, please open your minds and consider the Manhattan Institute report Electric Vehicles for Everyone? The […]
The bell tolls for fiat
The bell tolls for fiat The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it. This is a mistake. China and Russia know that if they are to […]
“Shut up — or Else!”
“Shut up — or Else!” Certain establishment types consider my ideas extreme. They accuse me of being a conspiracy theorist or some kind of kook, way outside the boundaries of acceptable consensus. That’s fine, I expect that. If you threaten powerful interests, you can expect that they’ll try to discredit you. The fact is people […]
Globalists Suggest ‘Finance Shock’ And Climate Controls To Launch Their Great Reset
Globalists Suggest ‘Finance Shock’ And Climate Controls To Launch Their Great Reset At the end of June government leaders and think-tank power brokers from around the world met at the Summit for a New Global Financing Pact in Paris. Participants include United Nations Secretary-General Antonio Guterres, US Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva and […]
Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion
Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion There was a shocking number in today’s latest monthly US Budget Deficit report. No, it wasn’t that US government outlays unexpectedly soared 15% to $646 billion in June, up almost $100 billion from a year ago… … while tax receipts slumped 9.2% from $461 billion […]
‘Britcoin’ “Will Change Everything”, Analyst Warns
‘Britcoin’ “Will Change Everything”, Analyst Warns A Bank of England (BoE) digital pound will be a “complete restructure” of the current financial system and can give the government more control on how people use their money, a financial analyst warns. Some 130 countries are exploring a central bank digital currency (CBDC), according to the Atlantic Council. […]
Our energy hunger is tethered to our economic past
Our energy hunger is tethered to our economic past Civilization may need to “forget the flame” to reduce CO2 emissions. Just as a living organism continually needs food to maintain itself, an economy consumes energy to do work and keep things going. That consumption comes with the cost of greenhouse gas emissions and climate change, […]
When in Rome
When in Rome Over its last one hundred years, the State steadily devalued the currency by 98% The high cost of government—particularly, growing entitlements and perpetual warfare, coupled with a diminished number of taxpayers, led the government to massive debt, to the point that it could not be repaid. Those citizens that were productive began […]
The Precipice: Europe on the Verge of Its Long Decline
The Precipice: Europe on the Verge of Its Long Decline Green transportation. No kidding. Photo by luana niemann on Unsplash A serious and long lasting economic downturn in Europe is now within sight. Not a mild recession, but something truly transformative… something similar to the 1930’s great depression. The energy crisis simmering on the back-burner since 2 years now seems to […]
