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Category Archives: Geopolitics
Rabobank: We Are In An Undeclared Global Economic War, And Worldwide Famine Is Coming
Rabobank: We Are In An Undeclared Global Economic War, And Worldwide Famine Is Coming How Dare You Markets whipsawed yesterday after bad US initial jobless claims and Philly Fed data, with stocks down and bond yields also lower, as was the US dollar. Commodities were a mixed picture, however, and oil prices rose around 5% again […]
Running On Empty
Running On Empty Well, we definitely seem to have passed a threshold of sorts. For most of the sixteen years since I started blogging, one of the things I had to point out constantly to my readers was the slow pace of historical change. Whenever I posted an essay on the twilight of industrial society, […]
Putin: Oil Sanctions Will Be Europe’s “Economic Suicide” On Orders From “American Overlords”
Putin: Oil Sanctions Will Be Europe’s “Economic Suicide” On Orders From “American Overlords” Russian President Vladimir Putin announced that EU countries are committing “economic suicide” by refusing Russian energy resources amid a push to impose an oil embargo, but which has been thus far blocked by Russian energy-dependent Hungary and a handful of others. As quoted in […]
Advancing interconnected solutions to the food, energy and finance crises
Advancing interconnected solutions to the food, energy and finance crises The governing body of the United Nations Food and Agricultural Organization (FAO) met in Rome on April 8, 2022 in an Extraordinary Session to examine the “impact of the Ukraine-Russia conflict on global food security and related matters under its mandate” and advise on how it should proceed. Meanwhile, just two […]
Cutting Off Russian Gas Would Be “Catastrophic”, German Industry President Warns
Cutting Off Russian Gas Would Be “Catastrophic”, German Industry President Warns As we detailed yesterday, almost two months after Europe rushed to declare it would impose unprecedented sanctions on Russia in response to Putin’s invasion of Ukraine with no regard for how such sanctions would boomerang and cripple its own economies, the old continent which […]
European Natural Gas Prices To Triple In “Perfect Storm”
European Natural Gas Prices To Triple In “Perfect Storm” A top commodity research firm in Norway warns a “perfect storm” is brewing as European energy security worsens following Russia’s invasion of Ukraine, which could result in the tripling of natural gas prices. “There simply is not enough LNG around to meet demand. In the short term, […]
Europe May Face LNG Crisis This Winter
Europe May Face LNG Crisis This Winter Rush to wean off Russian gas has made European consumers highly vulnerable to LNG price shocks. Global LNG demand outstrips supply in 2022. New LNG projects are unlikely to provide relief until 2024. A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity […]
Whispers of the Fall
Whispers of the Fall It’s been sixteen years now since I first started posting these weekly essays to the internet. Though I didn’t originally intend them to focus on the crisis of industrial society, that theme was impossible for me to evade, and I soon gave up trying; there was too much that had to […]
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export A massive backlog of grain shipments is piling up in Ukraine to the tune of nearly 25 million tonnes due to ‘infrastructure challenges’ and blocked ports in the Black Sea, including Mariupol, Reuters reports, citing a UN food agency official.’ Ukraine was the fourth-largest exporter of maize (corn) […]
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo The European Union’s ban on Russian oil is in jeopardy Friday after Hungary’s Prime Minister Viktor Orban rejected proposals as too costly and too swift for the country to implement, marking a potentially lethal blow to the bloc’s plans to wean […]
US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim Bombshell Escalation
US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim Bombshell Escalation Less than 24 hours after The New York Times issued a provocative report citing unnamed US officials who are celebrating that American intelligence-sharing with Ukraine’s military has helped take out multiple Russian generals since the Feb.24 invasion, NBC News is out with yet another bombshell claim sourced […]
World’s Largest Fertilizer Company Warns Crop Nutrient Disruptions Through 2023
World’s Largest Fertilizer Company Warns Crop Nutrient Disruptions Through 2023 The world’s largest fertilizer company warned supply disruptions could extend into 2023. A bulk of the world’s supply has been taken offline due to the invasion of Ukraine by Russia. This has sparked soaring prices and shortages of crop nutrients in top growing areas worldwide; […]
Collapse Is Happening Before Our Eyes
Collapse Is Happening Before Our Eyes Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book, Currency Wars (2011), and in several other books in the years since. This process can take many years. For example, the decline […]
