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Russia-Ukraine War and the Changing Energy Landscape.

Russia-Ukraine War and the Changing Energy Landscape. The can of worms that is our global use of energy, has been levered open yet further by the escalating war in Ukraine. Prices of all types of energy had already been hiked dramatically as a result of a strong economic rebound post-covid, but with limited capacity to […]

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Chris Hedges: Waltzing to Armageddon

Chris Hedges: Waltzing to Armageddon The Dr. Strangeloves, like zombies rising from the mass graves they created around the globe, are once again stoking new campaigns of industrial mass slaughter. Bus burning on a road from Kharkiv to Kiev as Russia invades Ukraine on Feb. 24. (Yan Boechat/VOA) The Cold War, from 1945 to 1989, was […]

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After the Ukraine Invasion: Sobering New Global Energy-Economic-Political Terrain

After the Ukraine Invasion: Sobering New Global Energy-Economic-Political Terrain Russia’s invasion of Ukraine, and the West’s response, are ushering the world into a new energy, economic, and political era. In broad outline, this new era will have less-globally-integrated energy markets, and less-secure supplies of fossil fuels. Since energy is the irreducible basis of all economic […]

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Food Supply Chains “Falling Apart” In Ukraine As “Imminent Famine” Risks Plague The World

Food Supply Chains “Falling Apart” In Ukraine As “Imminent Famine” Risks Plague The World On Friday, Jakob Kern, an emergency coordinator at the United Nations (UN) World Food Programme (WFP), warned Ukraine’s food supply chains were collapsing as Russia bombed key infrastructures such as roads, bridges, and trains. “The country’s food supply chain is falling apart. Movements of […]

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World Economy Braces For Supply Chain Chaos As COVID Closes China  

World Economy Braces For Supply Chain Chaos As COVID Closes China   The global economy is in disarray as the war in Ukraine unleashed a commodity shock with increasing risks of stagflation. Adding to the turmoil is an outbreak of COVID-19 in China that may unleash another supply chain crisis. News from China over the last day […]

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How Russia’s invasion of Ukraine is tearing apart the global food system

How Russia’s invasion of Ukraine is tearing apart the global food system The UN Food and Agriculture Organisation is warning that countries such as Yemen risk a spike in food prices and food insecurity because of the Russian invasion of Ukraine. PHOTO: EPA-EFE LONDON (BLOOMBERG) – The global food system is under threat as Russia’s invasion […]

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All the World is a Stage: How the Global Drama is Being Played Out

All the World is a Stage: How the Global Drama is Being Played Out The “Commedia dell’Arte” was a form of popular theatre, often played without a script. The masked actors would improvise according to the characteristics of their “persona”, their mask. There are many ways of predicting the future, and my remote ancestors, the […]

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The end of fiat hoving into view…

The end of fiat hoving into view… Tragic though the situation in Ukraine has become, the real war which started out as financial in character some time ago has now become both financial and about commodities. Putin made a huge mistake invading Ukraine but the West’s reaction by seeking to isolate Russia and its commodity […]

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What War in Ukraine Means for Energy and Money

What War in Ukraine Means for Energy and Money

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Ukraine and the Next Wave of Inflation, Part I

Ukraine and the Next Wave of Inflation, Part I Inflation from Useless Ingredients The cause of rising prices is not always monetary. Before Covid, we wrote a lot about mandatory useless ingredients. This is when regulators and taxinators force producers to add things to their products, which buyers do not care about (and often do not know […]

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A Global Monetary & Commodity Inferno of Nuclear Proportions

A GLOBAL MONETARY & COMMODITY INFERNO OF NUCLEAR PROPORTIONS When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world. For years I have been clear that the world is reaching the end of […]

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This War Marks the End of Cheap Resources

This War Marks the End of Cheap Resources Image credit: Miguel Bruna via Unsplash It’s time to bust some myths. Ones, like “we have all the natural resources we want” and “we live in an a world of abundance”. Or if something does become unavailable, then surely a replacement will come online and magically scale up […]

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Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market

Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market Global production will take time to ramp up, so the U.S. and other buyers will chase limited supplies, creating upheaval unseen in decades. A Rosneft refinery. Russia is the world’s No. 3 oil producer, after the United States and Saudi Arabia.Credit…Andrey Rudakov/Bloomberg HOUSTON […]

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The Revolt of the Imagination, Part Three: Co-Creating the Future

The Revolt of the Imagination, Part Three: Co-Creating the Future As I write these words, the Russo-Ukrainian war has raged for a week.  To a great many people, crises like these make the theme of my recent posts here—the potential of the human imagination—seem wholly irrelevant.  That’s a common mistake, but it’s still a mistake. […]

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The Revolt of the Imagination, Part Three: Co-Creating the Future

The Revolt of the Imagination, Part Three: Co-Creating the Future As I write these words, the Russo-Ukrainian war has raged for a week.  To a great many people, crises like these make the theme of my recent posts here—the potential of the human imagination—seem wholly irrelevant.  That’s a common mistake, but it’s still a mistake. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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