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Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter
Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter Wolfgang Schäuble, former president of the German parliament, told Bild-TV that people should wear two sweaters this winter amid the energy crisis. Sean Gallup/Getty Images German politician Wolfgang Schäuble said on Bild-TV people should stop whining […]
Everything’s Fixed–Except What’s Broken
Everything’s Fixed–Except What’s Broken Everything’s fixed except what’s no longer profitable to plunder. Underfunded, ignored, mismanaged by incompetents, it breaks. Everything’s fixed–except what’s broken. Hmm. Maybe we need to read that again. Everything’s fixed means it’s been “fixed” like a game or match has been fixed–rigged to benefit insiders while the unwary onlookers and punters have been […]
French Gas Rationing Begins As Refinery Strikes Worsen After Government Calls Back Essential Workers
French Gas Rationing Begins As Refinery Strikes Worsen After Government Calls Back Essential Workers France said on Tuesday that it would “requisition” (i.e. force) essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refineries if talks failed to progress. But workers at Total’s Donges refinery decided on […]
Cash For Fracking: UK Households May Receive Payouts For Allowing Fracking
Cash For Fracking: UK Households May Receive Payouts For Allowing Fracking The UK lifted its long-running ban on fracking last month. UK households could soon receive cash payouts for allowing fracking in their neighborhoods. Drilling companies could soon go door to door in Britain, offering money in exchange for fracking support. UK households could soon […]
Even The Banksters Are Being Forced To Admit That The U.S. Economy Is Really Starting To Come Apart At The Seams
Even The Banksters Are Being Forced To Admit That The U.S. Economy Is Really Starting To Come Apart At The Seams It’s wake up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control […]
Bank of England intervenes in bond markets again, warns of ‘material risk’ to UK financial stability
Bank of England intervenes in bond markets again, warns of ‘material risk’ to UK financial stability “Dysfunction in this market, and the prospect of self-reinforcing ‘fire sale’ dynamics pose a material risk to UK financial stability,” the Bank of England warned. The move marks the second expansion of the central bank’s extraordinary rescue package in […]
BoE’s New Support Plan Fails As UK Gilt Yields Explode Higher
BoE’s New Support Plan Fails As UK Gilt Yields Explode Higher Update (1030ET): Despite The BoE promises to do almost ‘whatever it takes’, long-dated gilt prices are collapsing today. 30Y gilt yields are up a stunning 34bps now, soaring towards crisis highs… What next for BoE? The pain in the UK is spreading to US yields (remember […]
With A Third Of French Gas Stations Experiencing “Supply Shortages”, Energy Giant Seeks Urgent Wage Talks
With A Third Of French Gas Stations Experiencing “Supply Shortages”, Energy Giant Seeks Urgent Wage Talks Just days after we reported that France had tapped its strategic fuel reserves to resupply a growing number of gas stations that had run dry due to a nearly two-week long strike of refinery workers, with Government spokesman Olivier Veran urging […]
German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas
German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas Germany’s energy situation is dire, and the Nord Stream pipeline explosions have only worsened its geopolitical and economic outlook German Economy and Climate Minister Robert Habeck waits for the arrival of the Prime Minister of the Netherlands Mark Rutte at the foyer of the […]
The $31 Trillion Dollar Question – Can The Fed Afford to Pivot?
The $31 Trillion Dollar Question – Can The Fed Afford to Pivot? In my other role as a secret apologist for Russia and Vladimir Putin, I was contacted yesterday by Sputnik News to comment on the official US debt number surpassing $31 trillion. I’m always grateful for the opportunity to talk about these issues. I am, […]
The Renewable Energy ‘Paradox’: A More Costly Way Forward
Michael Shellenberger, eco-modernist and author of “Apocalypse Never,” speaking at the Conservative Political Action Conference (CPAC) in Sydney, Australia on Oct. 1, 2022. (Horace Young/Epoch Times) The Renewable Energy ‘Paradox’: A More Costly Way Forward A California-based leading eco-modernist has disputed the widespread claim that renewables are a cheap and clean energy source, arguing that it’s […]
The Cult of Civilization
The Cult of Civilization From Pixabay/KELLEPICS I recently watched a Netflix documentary series about fundamentalist Mormons, exposing along the way a number of beliefs that seem bizarre from the outside, but that are accepted as perfectly normal within their insular community. Though the term “cult” is not used in the series, it is hard not […]
Peter Schiff: A Massive Fiscal Time Bomb
Peter Schiff: A Massive Fiscal Time Bomb Federal Reserve Chairman Jerome Powell knew fighting inflation would cause big problems in a bubble economy loaded up with debt. He put it off as long as he could, calling inflation “transitory.” But once inflation became a huge problem, the central bank had no choice but to get […]
Living bioregionally, now
Living bioregionally, now Given the climate and other environmental stresses being experienced by ecosystems all over the world, a major rethink is taking place regarding alternative forms of governance, more adept at both preventing and mitigating these crises. One compelling idea being put forward is that of bioregional forms of governance, which start from the […]
The Green Transition Part 1: The Problem with Green Capitalism
The Green Transition Part 1: The Problem with Green Capitalism It’s clear that we need to decarbonize our economy as quickly as possible in order to avoid the worst of climate change — but carbon isn’t the only problem we’re facing. As the world moves towards renewables and away from fossil fuels as an energy […]
