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Canada Admits To Secretly Tracking 33 Million Phones During Covid-19 Lockdown
Canada Admits To Secretly Tracking 33 Million Phones During Covid-19 Lockdown Canada – which has a population of 38 million – has admitted to secretly tracking 33 million phones during the Covid-19 lockown, according to the National Post, citing Blacklock’s Reporter which first noted the disclosure. The country’s Public Health Agency (PHAC) did so to assess “the public’s responsiveness during lockdown […]
War Drums Are Beating
War Drums Are Beating A RISK NOT DISCUSSED It was around 2017 when I began seeing the ridiculous climate hysteria being pushed not just by dreadlocked physics deniers chaining themselves to trees but at an institutional level. This, I thought to myself, was something very, very dangerous and which — if taken to any greater […]
Rolling Blackouts Spread Across Europe Amid Energy Crisis
Rolling Blackouts Spread Across Europe Amid Energy Crisis Europe’s energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to Bloomberg. On Thursday, the Kosovo Energy Distribution Services (KEDS) announced rolling two-hour power blackouts for 2 million people due to an “overload” of its electrical grid. KEDS asked […]
“Major Industrial Accident” Reported At Exxon Refinery In Texas
“Major Industrial Accident” Reported At Exxon Refinery In Texas Gasoline futures rose more than a percent early Thursday morning after an explosion was reported at an Exxon/Mobile refinery in Baytown, Texas. The Harris County Sheriff’s Office tweeted, “deputies are on the scene of a major industrial accident at 3525 Decker Dr. in Baytown. The Exxon/Mobile […]
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis”
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis” Update (1120ET): The latest jump in U.K. natural gas prices has been called a “national crisis” by multiple energy firms and industry groups in the country. They’re requesting the government protect customers and suppliers as critical Russian gas flows into Europe plunge, nuclear outages in France, and cold […]
“Potential For Extreme Havoc”: $50 Trillion Question Is What If Yields Spike Higher
“Potential For Extreme Havoc”: $50 Trillion Question Is What If Yields Spike Higher The size of the global government bond market surged by $10 trillion in the space of two years to reach about $50 trillion. Those outstanding borrowings are at least one gorilla in the room as investors gear up for a year in […]
From Bad To Worse: Another French Nuclear Reactor Cuts Output Due To Strike
From Bad To Worse: Another French Nuclear Reactor Cuts Output Due To Strike France’s energy crisis worsened overnight when another nuclear power plant had to reduce electricity output. Power prices jumped as the government requested one of the largest utility companies to restart more nuclear reactors amid cold weather. Following last week’s shuttering of two nuclear […]
European Nuke Plants Offline As Power Prices Hit Record
European Nuke Plants Offline As Power Prices Hit Record Bloomberg’s Chief Energy Correspondent Javier Blas tweeted a disturbing map of European day-ahead electricity prices that will hit record highs on Monday. “EUROPEAN ENERGY CRISIS: Wow, wow, wow… I’m running out of words to describe the European short-term electricity market,” Blas said. He continued, “Multiple records breached for Monday. With […]
Exactly Which Dystopian Novel Are We Living In?
Exactly Which Dystopian Novel Are We Living In? There’s a debate going on among the disaffected/terrified over which dystopian novel we’re now living in. As John Rubino remarks, some point to social media addiction and designer drugs to suggest Brave New World. Others see mass surveillance and pandemic lockdowns as putting us squarely in 1984. Still others cite […]
German Cold Blast To Extend Into January Amid Energy Crisis
German Cold Blast To Extend Into January Amid Energy Crisis A combination of factors creates a perfect storm of turbulence for many Europeans paying some of the highest energy prices ever. Natural gas stockpiles remain at low levels as gas flows from Europe are depressed. The continuation of cold weather and an energy crunch is […]
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse Another day, another collapse in the Turkish lira, only this time there was a twist: as the hyperinflating currency implodes, Erdogan has finally had enough of the relentless pummeling, and is starting to shut down its markets. But first, let’s back […]
France’s EDF Shutters Two Nuclear Power Plants After Cracks Found
France’s EDF Shutters Two Nuclear Power Plants After Cracks Found Électricité de France S.A., commonly known as EDF, a French electric utility company primarily owned by the state, shuttered two nuclear power plants after routine safety inspections found cracks at one power plant. EDF wrote in a press release, “preventive maintenance checks on the primary circuit […]
European Gas Prices Hit Record High As Germany Blocks Nord Stream 2
European Gas Prices Hit Record High As Germany Blocks Nord Stream 2 European gas futures surged to a record high on Tuesday after Germany blocked Russia’s Nord Stream 2 pipeline from launch because it did not comply with European law. German foreign minister Annalena Baerbock said all three parties that make up the new government […]
China’s Banking Assets Are $52 Trillion, Growing By $40 Trillion Since 2008: “This Is What Hyper MMT Looks Like”
China’s Banking Assets Are $52 Trillion, Growing By $40 Trillion Since 2008: “This Is What Hyper MMT Looks Like” Thermodynamics “The interaction of inflation-focused monetary policies in the west and China’s mercantilist model created what I call The Refrigeration Mode,” said the CIO, sitting atop his prodigious pile. “The process has been ongoing for twenty years,” […]
And Just Like That, Inflation Is About To Disappear?
And Just Like That, Inflation Is About To Disappear? Earlier this year, when inflation was still “transitory” two Fed chairs, Powell and Bernanke, made comments which we joked only make sense if the definition of inflation is changed: Sadly, our feeble attempts at humor were not unjustified, and as any economic history buff knows the […]
