Showing posts with label Hanson's Peak Capitalism. Show all posts
Showing posts with label Hanson's Peak Capitalism. Show all posts

Tuesday, September 06, 2022

Europeans Won't Be Shivering In The Dark By Themselves

marketwatch  |  As European governments struggle to contain the fallout of soaring energy costs to their citizens, the U.S. may also be facing a brewing crisis with an estimated 20 million households struggling to pay their utility bills.

Representing one in six households, the eye-popping number comes from a study at the National Energy Assistance Directors Association (Neada) that was highlighted in a Bloomberg report earlier this week. The total amount in arrears amounted to $16 billion in June, just under the highest number so far this year — $16.5 billion in March.

“So before the pandemic, it was about $8 billion…and then the number doubled,” the author of that study, Neada’s executive director Mark Wolfe, told MarketWatch on Thursday.

Those 20 million households — largely low-income — can be anywhere from 30 to 90 days in arrears on utility payments, said Wolfe, who has been tracking the data for about 10 years.

Jean Su, a senior attorney at the Center for Biological Diversity, which tracks utility disconnections across the U.S. told Bloomberg that she expects a “tsunami of shutoffs.”

The rise in the cost of living was at a 40-year-high at 8.5% in July compared to the year before. Grocery prices continued to soar — the price increase was 13.1% compared to the same period last year. Many Americans reported they have already dipped into savings to pay for bills and bought smaller package sizes and cheaper alternatives to cut down on costs.

Because of the rising costs, lower-income Americans are already struggling to pay back credit-card loans and purchase big-ticket items like automobiles, Radha Seshagiri told MarketWatch previously. Seshagiri is the public policy and system change director at SaverLife, a nonprofit that helps families with low and moderate incomes to save money.

Residents living in rural areas were seeing even bigger impacts of inflation and the recent rise in energy costs, according to a report by Iowa State University professor Dave Peters, which studied the impact of inflation in small towns.

“The biggest inflationary impact on rural households has been the increased cost of transportation, which is essential in rural areas where residents have to drive longer distances to work, school, or to shop for daily needs.” Peters wrote in the report.

Rural people are paying $2,470 per year more for gasoline and diesel fuels than they did two years ago, while urban dwellers are paying $2,057 more, according to the report.

 

Monday, September 05, 2022

European People vs. European Politicians On Russia - Saying The Quiet Part Out Loud

Telegraph  |  Britain is now in grave danger of falling into Vladimir Putin’s trap. His kamikaze economic war on the West will eventually take down his disgusting coterie of war criminals, but in the meantime it is beginning to inflict immense, permanent damage on the Western way of life, to the great delight of Moscow’s siloviki hard men.

We risk ending up with calamitous poverty, civil disobedience, a new socialist government by next year, a break-up of the UK, nationalisations, price and incomes policies, punitive wealth taxes and eventually a complete economic and financial meltdown and IMF bailout. The situation in the EU is, if anything, worse.

This is not a plea for pacifism, for looking away when Ukraine is being illegally invaded by a savage regime. Britain was – and remains – morally right to back Ukraine in a carefully calibrated way. Instead, this is a plea for an economic counter-offensive, for Liz Truss, the next PM, to tackle Putin’s economic and energy war head-on.

Mass, immediate intervention is inevitable, but must be designed to avoid hastening Britain’s shift into demagoguery, welfarism and socialist central planning, all steps down Hayek’s “road to serfdom” that the Leftist and green elites are longing us to take. The wrong response – because too little is done, or because the wrong solutions are chosen – would merely advance Putin’s masterplan to cripple the West.

Cheap and plentiful energy is essential to our consumerist societies. We cannot be delusional about the scale of the developing catastrophe. Household energy and vehicle fuel costs will jump from 4.5 per cent of household spending in early 2021 to some 13.4 per cent by April next year, much higher than at any time during the past 50 years, including the 1970s, according to Carbon Brief. Households may face a rise in energy costs of £167 billion, or 7 per cent of GDP, taking total expenditure to £231 billion, more than government spending on health, and that is before the hit to business is accounted for. The rise for consumers alone is more than the combined defence and education budgets.

This is equivalent to a Depression-style shock. Pay rises will protect some workers at the expense of investors, but – until and unless energy prices fall again – our national living standards will slump massively. The nation is sending tens of billions more abroad to pay for energy imports.

The state can borrow to cushion the blow, reducing future consumption to prop up current living standards, but our impoverishment cannot be magicked away. Coming after years of QE, there is a real danger of excess borrowing triggering even higher inflation, rocketing interest rates, mass repossessions and a banking crisis, so caution is imperative.

There was little the West could do other than rely on hostile Opec nations in the 1970s, the last time an energy war almost destroyed us; but it was an unforgivable error for Europe to become so reliant on Russian supplies, and to fail so miserably to increase domestic energy production. The French even allowed their nuclear plants to break down.

Putin struck at the right time: the zombified Western economy was in the doldrums. Covid was a disaster of unpreparedness and errors, increasing national debts and inflation and entrenching a dependency culture. But the Russian tyrant’s canniest move was to understand just how suicidal our energy policy had become. A toxic brew of net zero ideology, deep hypocrisy about decarbonising without making the nuclear effort, endemic nimbyism, short-termism and state incompetence had radically weakened the West.

Sunday, August 28, 2022

Can You Imagine Liberal Media Telling Us The Real Energy Story?

ourfiniteworld  |  The economy is something that grows through the “dissipation” of energy. Examples of dissipation of energy include the digestion of food to give energy to humans, the burning of fossil fuels, and the use of electricity to power a light bulb. A rise in world energy consumption is highly correlated with growth in the world economy. Falling energy consumption is associated with economic contraction.

Figure 4. Correlation between world GDP measured in “Purchasing Power Parity” (PPP) 2017 International $ and world energy consumption, including both fossil fuels and renewables. GDP is as reported by the World Bank for 1990 through 2021 as of July 26, 2022; total energy consumption is as reported by BP in its 2022 Statistical Review of World Energy.

In physics terms, the world economy is a dissipative structure, just as all plants, animals and ecosystems are. All dissipative structures have finite lifespans, including the world economy.

This finding is not well known because academic researchers seem to operate in ivory towers. Researchers in economic departments aren’t expected to understand physics and how it applies to the economy. In fairness to academia, the discovery that the economy is a dissipative structure did not occur until 1996. It takes a long time for findings to filter through from one department to another. Even now, I am one of a very small number of people in the world writing about this issue.

Also, economic researchers are not expected to study the history of the many smaller, more-localized civilizations that have collapsed in the past. Typically, the population of these smaller civilizations increased at the same time as the resources used by the population started to degrade. The use of technology, such as dams to redirect water flows, may have helped for a while, but eventually this was not enough. The combination of declining availability of high quality resources and increasing population tended to leave these civilizations with little margin for dealing with the bad times that can be expected to occur by chance. In many cases, such civilizations collapsed after disease epidemics, a military invasion, or a climate fluctuation that led to a series of crop failures.

Is There Enough Metal To Replace Oil?

counterpunch |  Nations of the world are only too aware that fossil fuels need to be phased out for two reasons. First, oil is a finite commodity. It’ll run out in time. Secondly, fossil fuel emissions such as CO2 are destroying the planet’s climate system.

However, a recent study puts a damper on the prospects of phasing out fossil fuels in favor of renewables. More to the point, a phase out of fossil fuels by mid century looks to be a nearly impossible Sisyphean task. It’s all about quantities of minerals/metals contained in Mother Earth. There aren’t enough.

Simon Michaux, PhD, Geological Survey Finland has done a detailed study of what’s required to phase out fossil fuels in favor of renewables, to wit:

“The quantity of metal required to make just one generation of renewable tech units to replace fossil fuels is much larger than first thought. Current mining production of these metals is not even close to meeting demand. Current reported mineral reserves are also not enough in size. Most concerning is copper as one of the flagged shortfalls. Exploration for more at required volumes will be difficult, with this seminar addressing these issues.” (Source: Simon P. Michaux, Associate Research Professor of Geometallurgy Unit Minerals Processing and Materials Research, Geological Survey of Finland, August 18, 2022 – Seminar: What Would It Take To Replace The Existing Fossil Fuel System?)

Metals/minerals required to source gigafactories producing renewables to power the world’s economies when fossil fuels phase out looks to be one of the biggest quandaries of all time. There’s not enough metal.

Michaux researched and analyzed the current status of the internal combustion engine fleet of cars, trucks, rail, maritime shipping, and aviation for the US, Europe, and China, accessing databases to gather information as a starting point for the study.

Michaux’s calculations for what’s required to phase out fossil fuels uses a starting point of 2018 with 84.5% of primary energy still fossil fuel-based and less than 1% of the world’s vehicle fleet electric. Therefore, the first generation of renewable energy is only now coming on stream, meaning there will be no recycling availability of production materials for some time. Production will have to be sourced from mining.

When Michaux presented basic information to EU analysts, it was a shock to them. To his dismay, they had not put together the various mineral/metal data requirements to phase out fossil fuels and replaced by renewables. They assumed, using guesstimates, the metals would be available.

Saturday, June 04, 2022

Russia And The Kingdom Of Saudia Arabia Pool Their Interests

indianpunchline |  The fact that the Gulf Cooperation Council (GCC) member states held a joint ministerial meeting with their Russian counterpart Foreign Minister Sergey Lavrov in the Saudi capital of Riyadh at this point in time in global politics conveys a powerful message in itself. 

To drive home the message in no uncertain terms, the Saudi Foreign Minister Prince Faisal bin Farhan Al Saud said at a press conference following the ministerial on Wednesday that the GCC member-countries share a common stance with respect to the crisis in Ukraine. (The news conference was broadcast live by the Al-Arabiya TV channel.) 

“The countries of the Persian Gulf share a common stance regarding the Ukrainian crisis and its negative consequences, especially with regard to the food security of other countries,” Al Saud said. 

For his part, Russian Foreign Minister Sergei Lavrov told the media that “the GCC countries understand the nature of the conflict between Russia and the West.” Earlier, during a bilateral with Lavrov who was on a 2-day visit, Al Saud said the “the kingdom’s position regarding the crisis in Ukraine is based on the principles of international law and support for efforts aimed at achieving a political solution to the crisis.”

After the meeting, Lavrov said the GCC countries will not join the West in imposing sanctions on Moscow over the conflict in Ukraine. In his words, “Aspects of the international situation, which are connected with the events unfolded by the West around Ukraine, are well understood by our partners from the Gulf Cooperation Council states.”

Lavrov added, “We appreciate and reaffirmed today once again the balanced position that they take towards this issue at international forums, and in practice, refusing to join the illegitimate, unilateral Western sanctions that were introduced against Russia.” 

Lavrov said Moscow and Gulf countries intended to further develop their partnership in sharp contrast with the growing tensions between Russia and the US and its European allies. After meeting with the top diplomats of the UAE, Kuwait, Qatar, Bahrain and Oman in Riyadh, Lavrov said, “We reaffirmed our focus on the comprehensive development of our partnership, including in the new conditions that are emerging in the world economy in the context of the policies of our Western colleagues.” 

Looking ahead, Lavrov expressed satisfaction that “We reaffirmed our focus on the comprehensive development of our partnership, including in the new conditions that are emerging in the world economy in the context of the policies of our Western colleagues.”  

The timing of the GCC-Russia ministerial and Lavrov’s visit to Riyadh is highly significant at a juncture when the Biden Administration is pulling out all the stops to repair the US’ fractured relationship with Saudi Arabia ever since Candidate Biden famously christened the Kingdom as a “Pariah state” and the Washington establishment launched a concerted campaign to defame the Crown Prince Mohammed bin Salman personally over the killing of the ex-CIA consultant Jamal Khashoggi.

Sunday, April 03, 2022

Biden American Empire Is Like A Heavily Armed, Suicidal Old Man...,

ourfiniteworld |  The attacks by Russia of Ukrainian sites seems to be occurring, for many related reasons. It can no longer tolerate being inadequately compensated for the resources it is extracting and selling to Ukraine and the rest of the world. It is tired of being “pushed around” by the rich economies, especially the United States, as NATO adds more countries. It is also tired of NATO training Ukrainian soldiers. Russia seems to have no plan to gain the entire territory of Ukraine; it is more of a temporary police action.

Russia’s underlying problem is that it can no longer produce commodities that the world wants as inexpensively as the world demands. Building all the infrastructure needed to extract and ship more fossil fuel resources would take more capital spending than Russia can afford. The selling price will never rise high enough to justify these investments, including the cost of the Nord Stream 2 pipeline. Russia has nothing to lose at this point. The current situation is not working; going back to it is no incentive for stopping the current conflict.

Russia is in some ways like a heavily armed, suicidal old man, who can no longer earn an adequate living. The economic system of Russia is no longer working as it should. Russia is incredibly well-armed. The situation reminds a person of the story of Samson, in his old age, taking down the temple of the Philistines and losing his own life at the same time. Russia has no reason to back down in response to sanctions.

Leaders of the world, including Joe Biden, appear to be oblivious to the situation we are facing.

Leaders of the world have created ridiculous narratives that overlook the critical role commodities play. They seem to believe that it is possible to cut off purchases from Russia with, at most, temporary harm to the rest of the world economy.

The history of the world shows that the populations of many civilizations have outgrown their resource bases and have collapsed. Physics points out that this outcome is almost inevitable because of the way the Universe is constructed. Everything is constantly evolving, even economies. The climate is constantly evolving, as are the species inhabiting the Earth.

Elected leaders need a story of everlasting growth that they can tell their citizens. They cannot even consider the physics-based way the world economy operates, and the resulting expected pattern of overshoot and collapse. Modelers of what are intended to be long-lasting structures cannot accept this outcome either.

Limits which are defined based on affordability of end products are incredibly difficult to model, so creative narratives have been developed suggesting that humans can move away from fossil fuels if they so desire. No one stops to think that economies cannot continue to exist using a much lower quantity of energy, any more than an adult human can get along on 500 calories a day. Both are dissipative structures; the ongoing energy requirement is built in. Factories close when electricity, diesel and other energy products are cut off.

The sanctions and the Russia-Ukraine conflict cannot end well.

The world economy is already on the edge of collapse because of the resource limits it is hitting. Intentionally stopping Russia’s output of resources like fertilizer and processed uranium is certain to make the situation worse, not better. Once Russia’s output is stopped, it is likely to be impossible to restart Russia’s production at the same level. Trained workers who lose their jobs will likely find jobs elsewhere, for one thing. The shortfall in output will affect countries around the world.

The United States dollar is now the world’s reserve currency. The sanctions being applied indirectly encourage counties to use other currencies to work around the sanctions. There seems to be a substantial chance that the US economy will lose its role as the center of international trade. If such a change takes place, the US will no longer be able to import far more than it exports, year after year.

A major issue is the huge amount of debt most countries of the world have. With a rapidly slowing world economy, repaying debt with interest will become impossible. Debt defaults will further wreak havoc with the world economic system.

We don’t know the exact timing of how this will play out, but the situation does not look good.

 

 

Sunday, March 20, 2022

What Is Brandon's Socioeconomic Plan For You Unvaccinated Deplorables?

gilbertdoctorow |  As the USA and Europe have each day piled on new sanctions against Russia, the awareness of a ‘total war’ situation has penetrated the consciousness of Russia’s leadership and the tone of public discourse about the war has hardened noticeably in recent days. Talk shows which I follow regularly have changed course yet again from what I reported a week ago.  On the Vladimir Solovyov evening programs, the bearer of grim expectations about war prospects, Mosfilm general director Karen Shakhnazarov, has disappeared, his place taken by others who take the conversation in a wholly different direction, including fierce denunciations of unpatriotic personalities within Russia. Still other newcomers are presenting their own half-baked speculations on how the entire Russian economy and society has to be reorganized to respond to the new realities of a total permanent break with the West. While the Putin government remains resolutely pro-business and pro-entrepreneurship, though with a heavy dose of state direction of the economy, the new panelists in talk shows denounce free markets as just one more manifestation of the West’s hijacking in the 1990s Russia’s domestic political economy.  Still other panelists on the Russian talk shows are talking about purging the government and all public institutions of Liberals, who are synonymous with Fifth Column traitors and have no place in Russian society under conditions of a war for the country’s survival.

As BBC and other Western journalists have remarked, Vladimir Putin addressed the issue of the Fifth Column in a televised speech yesterday that was otherwise dedicated to the increases in pensions and social benefits that he just announced to counteract negative results of the newly imposed Western sanctions. In the BBC interpretation, the scum and traitors denounced by Putin are the oligarchs. These are the people who live there, meaning in the West, either physically or just mentally, while earning their money in Russia.

However, this identification with the oligarchs only shows how little Western news organizations, Western think tanks and Western government leaders know about Russia and about what makes it tick. No, oligarchs were not in the sights of Vladimir Putin yesterday: it was the multitude of little traitors to the country and its people who have in recent weeks come out of the woodwork and taken flight in an attempt to avoid having to publicly take sides in the conflict and so lose their fortunes and/or their social standing.

The broad Russian public has been utterly shocked at the departure of a good many stars in the entertainment industry, the kind of folks who in the West are images on the covers of People magazine and of the yellow press more generally. Veteran singer Alla Pugacheva and her husband Galkin have been darlings of Russian television and music halls across the country for decades.  They are known to have quietly flown to Israel, where so many of their friends from show business and from high society have already found refuge earlier still.  Then there is one of the two leading television news presenters, Sergey Briullov, host of The News of the Week on Saturday nights. Sergey carries a British as well as Russian passport; his family is based in their home in England and his children study there.  About a week ago, Briullov disappeared from Russia and eventually surfaced in Brazil, where he says he is doing a film project about the Brazilian attitude to the Ukraine-Russia War.  No one is fooled for a moment about the fact that Briullov is just one more traitor to his homeland, and comments on the Russian portals bear this out daily.

No, Messrs BBC News, it is not oligarchs whose behavior if not their very existence has embittered the middle and lower class Russians during the current war. Those middle and lower classes constitute the 70% of the population which backs Putin through thick and thin. It is the smaller fish of Fifth Column populations who exist in much greater numbers: as, for example, Russian  lawyers who have homes near the Champs Elysees and split their time between France and their law offices in Moscow, whence the money from their servicing oligarchs comes. Then there is the intelligentsia, the university dons, the occupants of often important offices in government and private public institutions who loathed Putin from his first election to the presidency in 2000 and have never relented. Their contempt for the broad Russian public, which they see as the great unwashed, as a herd of animals, was never well hidden, and this contempt is now being reciprocated on Russian state television and on the internet.

All of these fissures in Russian society are being deepened and discussed on Russian media as a result of the ongoing war for survival.  If Russia is becoming a much less free society, that is a direct result of Western pressure. But there is nothing new under the sun.  This was precisely one of the key arguments in favor of détente as opposed to confrontation during the 1990s.

Monday, December 06, 2021

For The World To Live, America Must ______?

foreignpolicy |   To imagine that economics leads to political de-escalation would be, to say the least, historically naive. As U.S. history teaches, socioeconomic clashes can play out violently. The South fought a civil war in defense of slavery, a mode of production based on forced labor. Nor do producers, outrun by technology, necessarily surrender quietly to the force of technological logic. Think about the protracted rearguard actions mounted in defense of agrarian interests that distorts global food markets all the way to the present day. The most gothic visions see the United States plunged into something akin to a civil war between fossil fuels and anti-fossil fuel factions. That may be fanciful, but what is harder to deny is the United States, whether governed by Democrats or Republicans, has a lamentable track record of managing and mitigating the job losses and social dislocation that follows deep economic change.

In 2012, economist David Autor and his co-authors published a famous paper on what they called the “China syndrome.” They showed how China’s integration into the world economy and a surge of imports to the United States raised incomes overall but, at the same time, irreparably damaged many manufacturing communities across the United States. Ahead of COP26, Autor and his co-authors released an updated paper, which compared the China shock with the impact of coal’s rundown. Damage to local economies from the coal industry’s decline was even worse. If the China shock is widely blamed for unhinging the blue-collar coalition that once supported Democrats, the effect of the coal industry’s collapse was even more unambiguous: 2016 saw a heavy pro-Trump swing across America’s coal regions.

The answer from the Democratic Party’s left wing, after they won control of the House of Representatives in 2018, was the Green New Deal. It sought to address this challenge by combining gigantic investment in renewables with an alliance with organized labor and marginalized groups to create a “just transition.” It was a head-on effort to win the argument for an energy transition, not just as an opportunity for green growth but as a moment of social reconstruction as well. It was a grand vision adequate to the scale of the climate crisis. When Sen. Bernie Sanders folded his presidential bid in 2020, many of his key advisors were incorporated into Biden’s policy team—and with good reason. Given the dislocation an energy transition is likely to cause, the industrial revolution Kerry advocates would be political poison were it not backed by a Green New Deal vision.

But Biden was not carried to victory in 2020 on the back of enthusiasm for green policies. In Texas, there is reason to believe an anti-climate, pro-oil vote helped yield a better-than-expected result for Trump. On Capitol Hill, Biden’s infrastructure plans have been cut to ribbons by a Congress with a nominal Democratic majority. The outlook for the 2022 midterms is grim. Decarbonization may be a promising business proposition in some sectors, but it is not an issue that will help Democrats win the majority they would need to give comprehensive climate policy a robust political platform.

We are thus back at the impasse. The idea that economic logic by itself will deliver an unambiguous case for ambitious climate policy in the United States is naive. But so too is the idea that a Green New Deal-style program will carry a progressive Democratic Party to triumphant victory. The possibility of a deepening sociopolitical divide around the climate issue and inconsistent and incoherent policy cannot be denied. While individual eco-entrepreneurs like Musk may get rich, the fear must be that the United States never develops a coherent social response to the energy transition.

Thursday, September 09, 2021

America Is In Full Collapse Now And Nowhere Near As Resiliant As The USSR Was

permaculturenews |  The next circle of denial revolves around what must inevitably come to pass if the Goddess of Technology were to fail us: a series of wars over ever more scarce resources. Paul Roberts, who is very well informed on the subject of peak oil, has this to say: "what desperate states have always done when resources turn scarce… [is] fight for them." [ MotherJones.com, 11/12 2004] Let us not argue that this has never happened, but did it ever amount to anything more than a futile gesture of desperation? Wars take resources, and, when resources are already scarce, fighting wars over resources becomes a lethal exercise in futility. Those with more resources would be expected to win. I am not arguing that wars over resources will not occur. I am suggesting that they will be futile, and that victory in these conflicts will be barely distinguishable from defeat. I would also like to suggest that these conflicts would be self-limiting: modern warfare uses up prodigious amounts of energy, and if the conflicts are over oil and gas installations, then they will get blown up, as has happened repeatedly in Iraq. This will result in less energy being available and, consequently, less warfare.

Take, for example, the last two US involvements in Iraq. In each case, as a result of US actions, Iraqi oil production decreased. It now appears that the whole strategy is a failure. Supporting Saddam, then fighting Saddam, then imposing sanctions on Saddam, then finally overthrowing him, has left Iraqi oil fields so badly damaged that the "ultimate recoverable" estimate for Iraqi oil is now down to 10-12% of what was once thought to be underground (according to the New York Times).

Some people are even suggesting a war over resources with a nuclear endgame. On this point, I am optimistic. As Robert McNamara once thought, nuclear weapons are too difficult to use. And although he has done a great deal of work to make them easier to use, with the introduction of small, tactical, battlefield nukes and the like, and despite recently renewed interest in nuclear "bunker busters," they still make a bit of a mess, and are hard to work into any sort of a sensible strategy that would reliably lead to an increased supply of energy. Noting that conventional weapons have not been effective in this area, it is unclear why nuclear weapons would produce better results.

But these are all details; the point I really want to make is that proposing resource wars, even as a worst-case scenario, is still a form of denial. The implicit assumption is this: if all else fails, we will go to war; we will win; the oil will flow again, and we will be back to business as usual in no time. Again, I would suggest against waiting around for the success of a global police action to redirect the lion’s share of the dwindling world oil supplies toward the United States.

Outside this last circle of denial lies a vast wilderness called the Collapse of Western Civilization, roamed by the Four Horsemen of the Apocalypse, or so some people will have you believe. Here we find not denial but escapism: a hankering for a grand finale, a heroic final chapter. Civilizations do collapse – this is one of the best-known facts about them – but as anyone who has read The Decline and Fall of the Roman Empire will tell you, the process can take many centuries.

What tends to collapse rather suddenly is the economy. Economies, too, are known to collapse, and do so with far greater regularity than civilizations. An economy does not collapse into a black hole from which no light can escape. Instead, something else happens: society begins to spontaneously reconfigure itself, establish new relationships, and evolve new rules, in order to find a point of equilibrium at a lower rate of resource expenditure.

Note that the exercise carries a high human cost: without an economy, many people suddenly find themselves as helpless as newborn babes. Many of them die, sooner than they would otherwise: some would call this a "die-off." There is a part of the population that is most vulnerable: the young, the old, and the infirm; the foolish and the suicidal. There is also another part of the population that can survive indefinitely on insects and tree bark. Most people fall somewhere in between.

Economic collapse gives rise to new, smaller and poorer economies. That pattern has been repeated many times, so we can reason inductively about similarities and differences between a collapse that has already occurred and one that is about to occur. Unlike astrophysicists, who can confidently predict whether a given star will collapse into a neutron star or a black hole based on measurements and calculations, we have to work with general observations and anecdotal evidence. However, I hope that my thought experiment will allow me to guess correctly at the general shape of the new economy, and arrive at survival strategies that may be of use to individuals and small communities.

Saturday, August 07, 2021

mRNA Neo-Vaccinoids Don't Work As Promised But Exactly As Intended...,

ourfiniteworld |   [9] The public has been led to believe that vaccines are the only solution to COVID-19 when, in fact, they are at best a very poor and temporary band-aid.

Vaccines are a tempting solution because the benefits have been oversold and no one has explained how poorly today’s leaky vaccines really work.

We are already past the period when these vaccines were well matched with the viruses they were aimed at. Now we are in a situation in which the viruses are constantly mutating, and the vaccines need to be updated. The catch is that the variants stick around for such a short time period that by the time the vaccine is updated, there is likely to be yet another new variant that the new vaccine does not really match up with well.

Requirements that employees be vaccinated against COVID-19 cannot be expected to provide much benefit to employers because workers will still be out sick with COVID-19. This happens because they are likely to catch a variant such as Delta, which does not line up with the original vaccine. Perhaps they will be out for a shorter period, and their hospital bills will be lower. These types of benefits are what people have expected of influenza vaccines. There is no reason for them to expect more of the new COVID-19 vaccines.

Even with 100% vaccination herd immunity can never be reached because the vaccine encourages the virus to mutate into more virulent forms. Each new variant stays around for only a few months, making it hard for vaccine makers to keep up with the changing nature of the problem. Vaccine makers can expect to face a constant battle in having to run to stay even. Someone will have to convince citizens that each new vaccine makes sense, even though injuries reported to the US Vaccine Adverse Event Reporting System seem to be much more frequent than those reported for vaccines for other diseases.

An erroneous, one-sided story is being told to the general public, in part because the pharmaceutical lobby is incredibly powerful. It has the support of influential people, such as Anthony Fauci and Bill Gates. The pharmaceutical industry can make billions of dollars in income from the sale of vaccines, with little in the way of sales expenses. The industry has managed to convince people that it is OK to sell these vaccines, even though injury rates are very high compared to those for vaccines in general.

Vaccines are being pushed in large part because the pharmaceutical industry needs a money maker. It also wants to be seen as having cutting-edge technology, so young people will be attracted to the field. It cannot admit to anyone that technologies from decades ago would perhaps work better to solve the COVID-19 problem.

[10] The pharmaceutical industry has been telling the world that inexpensive drugs can’t fix our problem. However, there are several low-cost drugs that appear helpful.

One drug that is being overlooked is ivermectin, which was discovered in the late 1970s. It was originally introduced as a veterinary drug to cure parasitic infections in animals. In the U. S., ivermectin has been used since 1987 for eliminating parasites such as ringworm in humans. Ivermectin seems to cure COVID-19 in humans, but it needs a higher dosage than has been previously approved. Also, it would not be a money maker for the pharmaceutical industry.

The possible use of ivermectin to cure COVID-19 seems to have been intentionally hidden. At approximately 32:45 in this linked video, Dr. David Martin explains how Moderna announced ivermectin’s utility in treating SARS (which is closely related to SARS-CoV-2) in its 2016-2018 patent modification related to the SARS virus. It sounds as though Moderna (and others) have participated both in developing harmful viruses and in developing vaccines to cure very closely related viruses. They then work to prevent the sale of cheap drugs that might reduce their sales of vaccines. This seems unconscionable.

Vitamin D, in high enough doses, taken well before exposure to the virus that causes COVID-19, seems to lead to reduced severity of the disease, and may eliminate some cases completely.

Various steroid drugs are often used in the later stages of COVID-19, when conditions warrant it. The medical community seems to have no difficulty with these.

Monoclonal antibodies are also used in the treatment of COVID-19, but they are much more expensive.

[11] Conclusion. Governments, businesses, and citizens need to understand that today’s vaccines are not really solutions to our COVID-19 problem. At the same time, they need better solutions.

Current vaccines have been badly oversold. They can be expected to make the mutation problem worse, and they don’t stop the spread of variants. Instead, we need to start quickly to make ivermectin and other inexpensive drugs available through healthcare systems. People do need some sort of solution to the problem of COVID-19 illnesses; it just turns out that the current vaccines work so poorly that they probably should not be part of the solution.

The whole idea of vaccine passports is absurd. Even with the vaccine, people will catch the new COVID-19 variants, and they will pass them on to others. Perhaps they may get lighter symptoms, so that they will be off work for a shorter length of time, but there still will be disruption. If those who catch COVID-19 can instead take ivermectin at a high enough dose at the first sign of illness, many (or most) of them can get well in a few days and avoid hospitalization completely. Other medications may be helpful as well.

I am skeptical that masks can do any good with the high level of transmission of Delta. But at least masks aren’t very harmful. We probably need to go along with what is requested by officials.

It is becoming clear that today’s pharmaceutical industry is far too powerful. Investigations need to be made into the large number of allegations against it and its leaders. Why did members of the pharmaceutical industry find it necessary to patent viruses, and then later sell vaccines for a virus closely related to the viruses it had patented?

Post WW-2 The U.S. Has Never Produced As Much Oil As It Consumes

ourfiniteworld |  [4] More doubts are being raised about quickly finding a vaccine that prevents COVID-19. 

The public would like to think that a vaccine solution is right around the corner. Vaccine promoters such as Anthony Fauci and Bill Gates would like to encourage this belief. Unfortunately, there are quite a few obstacles to getting a vaccine that actually works for any length of time:

(a) Antibodies for coronaviruses tend not to stay around for very long. A recent study suggests that even as soon as eight weeks, a significant share of COVID-19 patients (40% of those without symptoms; 12.9% of those with symptoms) had lost all immunity. A vaccine will likely face this same challenge.

(b) Vaccines may not work against mutations. Beijing is now fighting a new version of COVID-19 that seems to have been imported from Europe in food. Early indications are that people who caught the original Wuhan version of the COVID-19 virus will not be immune to the mutated version imported from Europe.

Vaccines that are currently under development use the Wuhan version of the virus. The catch is that the version of COVID-19 now circulating in the United States, Europe and perhaps elsewhere is mostly not the Wuhan type.

(c) There is a real concern that a vaccine against one version of COVID-19 will make a person’s response to a mutation of COVID-19 worse, rather than better. It has been known for many years that Dengue Fever has this characteristic; it is one of the reasons that there is no vaccine for Dengue Fever. The earlier SARS virus (which is closely related to the COVID-19 virus) has this same issue. Preliminary analysis suggests that the virus causing COVID-19 seems to have this characteristic, as well.

In sum, getting a vaccine that actually works against COVID-19 is likely to be a huge challenge. Instead of expecting a silver bullet in the form of a COVID-19 vaccine, we probably need to be looking for a lot of silver bee-bees that will hold down the impact of the illness. Hopefully, COVID-19 will someday disappear on its own, but we have no assurance of this outcome.

[5] The basic underlying issue that the world economy faces is overshoot, caused by too high a population relative to underlying resources.

When an economy is in overshoot, the big danger is collapse. The characteristics of overshoot leading to collapse include the following:

  • Very great wage disparity; too many people are very poor
  • Declining health, often due to poor nutrition, making people vulnerable to epidemics
  • Increasing use of debt, to make up for inadequate wages and profits
  • Falling commodity prices because too few people can afford these commodities and goods made from these commodities
  • Gluts of commodities, causing farmers to plow under crops and oil to be put into storage

Thus, pandemics are very much to be expected when an economy is in overshoot.

One example of collapse is that following the Black Death (1348-1350) epidemic in Europe. The collapse killed 60% of Europe’s population and dropped Britain’s population from close to 5 million to about 2 million.

Friday, May 07, 2021

BeeDee Drops Some Prescient Globalist French Banker Pandemic Bon Mots...,

LewRockwell |   History teaches us that humanity evolves significantly only when it is  really afraid: it   then first sets up defense mechanisms; sometimes intolerable (scapegoats and totalitarianisms); sometimes futile (distraction); sometimes effective (therapeutics, setting aside if necessary all the previous moral principles). Then, once the crisis is over, it transforms these mechanisms to make them compatible with individual freedom, and to include them in a democratic health policy.               

The beginning of the pandemic could trigger one of these structuring fears.    

If it is not more serious than the two previous  fears linked to a risk of pandemic (the  mad cow crisis of 2001 in Great Britain and  that of  avian flu of 2003 in China),  it   will first   have consequences. significant economic (fall in  air transport , fall   in tourism and the price of  oil   ); it   will cost about $ 2 million per infected person and will lower the stock markets by about  15%; its impact will be very brief ( China's growth rate only declined during   the second  quarter of 2003, to explode higher in the third); it will also have consequences in terms of organization (In 2003, very rigorous police measures were taken throughout Asia; the World Health Organization has set up global alert procedures; and certain countries, in particular France and Japan, have built up considerable reserves of drugs and masks).      

If it is a little more serious, which is   possible, since it is transmissible by  humans, it will have truly global consequences: economic  (the models suggest  to think  that this  could   lead to a loss  of 3 trillion dollars,  a 5% drop in global GDP) and  political  (  because of the risk of contagion, the   countries of the North will have an interest in ensuring that those in the South are not sick and   they will  have to ensure that the poorest have access to medicines today 'hui stored for only  the richest); a major pandemic will  then  arise,  better than any humanitarian or ecological discourse, the awareness of the need for altruism, at least self-interested.       

And,  even if, as  we can  obviously hope, this crisis is not  very  serious, we must not forget, as with the economic crisis, to learn the lessons, so that before the next inevitable one, we must not forget. set up prevention and control mechanisms and logistical processes for the equitable distribution of drugs and vaccines. For that, we will have to set up a global police force, a global storage and therefore a global tax system. We will then come, much faster than the sole economic reason would have allowed , to set up the bases of a real world government. It is also by the hospital that began in France in the 17th century the establishment of a real state.

In the meantime,    we  could at least hope for the implementation of a real   European policy on the subject.   But here again,  as on so many other subjects, Brussels is silent. Fist tap BeeDee

Wednesday, May 05, 2021

If The Spike Protein Alone Causes Extensive Vascular Damage - Why The mRNA Jabs Code For Spike-ulation?

salk |  Scientists have known for a while that SARS-CoV-2’s distinctive “spike” proteins help the virus infect its host by latching on to healthy cells. Now, a major new study shows that they also play a key role in the disease itself.

The paper, published on April 30, 2021, in Circulation Research, also shows conclusively that COVID-19 is a vascular disease, demonstrating exactly how the SARS-CoV-2 virus damages and attacks the vascular system on a cellular level. The findings help explain COVID-19’s wide variety of seemingly unconnected complications, and could open the door for new research into more effective therapies.

“A lot of people think of it as a respiratory disease, but it’s really a vascular disease,” says Assistant Research Professor Uri Manor, who is co-senior author of the study. “That could explain why some people have strokes, and why some people have issues in other parts of the body. The commonality between them is that they all have vascular underpinnings.”

Salk researchers collaborated with scientists at the University of California San Diego on the paper, including co-first author Jiao Zhang and co-senior author John Shyy, among others.

While the findings themselves aren’t entirely a surprise, the paper provides clear confirmation and a detailed explanation of the mechanism through which the protein damages vascular cells for the first time. There’s been a growing consensus that SARS-CoV-2 affects the vascular system, but exactly how it did so was not understood. Similarly, scientists studying other coronaviruses have long suspected that the spike protein contributed to damaging vascular endothelial cells, but this is the first time the process has been documented.

In the new study, the researchers created a “pseudovirus” that was surrounded by SARS-CoV-2 classic crown of spike proteins, but did not contain any actual virus. Exposure to this pseudovirus resulted in damage to the lungs and arteries of an animal model—proving that the spike protein alone was enough to cause disease. Tissue samples showed inflammation in endothelial cells lining the pulmonary artery walls.

The team then replicated this process in the lab, exposing healthy endothelial cells (which line arteries) to the spike protein. They showed that the spike protein damaged the cells by binding ACE2. This binding disrupted ACE2’s molecular signaling to mitochondria (organelles that generate energy for cells), causing the mitochondria to become damaged and fragmented.

Previous studies have shown a similar effect when cells were exposed to the SARS-CoV-2 virus, but this is the first study to show that the damage occurs when cells are exposed to the spike protein on its own.

 

Sunday, May 02, 2021

The Hardest Choices Require The Strongest Wills

scitechdaily |  In a paper published today (January 13, 2021) in the journal Frontiers in Conservation Science, the researchers cite more than 150 scientific studies and conclude, “That we are already on the path of a sixth major extinction is now scientifically undeniable.”

Among the paper’s co-authors is Daniel Blumstein, a UCLA professor of ecology and evolutionary biology and member of the UCLA Institute of the Environment and Sustainability.

Because too many people have underestimated the severity of the crisis and have ignored experts’ warnings, scientists must continue speaking out, said Blumstein, author of the 2020 book “The Nature of Fear: Survival Lessons from the Wild” — but they also must avoid either sugarcoating the overwhelming challenges or inducing feelings of despair.

“Without fully appreciating and broadcasting the scale of the problems and the enormity of the solutions required, society will fail to achieve even modest sustainability goals, and catastrophe will surely follow,” he said. “What we are saying is frightening, but we must be both candid and vocal if humanity is to understand the enormity of the challenges we face in creating a sustainable future.”

The Earth has experienced five mass extinctions, each accounting for a loss of more than 70% of all species on the planet. The most recent was 66 million years ago. Now, the paper reports, projected temperature increases and other human assaults on the environment mean that approximately 1 million of the planet’s 7 million to 10 million species are threatened with extinction in the coming decades.

Blumstein said that level of damage could occur within the next several decades; an extinction affecting as many as 70% of all species — like the earlier mass extinctions cited in the paper — could potentially occur within the next few centuries.

One of the major trends discussed in the paper is the explosive growth of the planet’s human population. There are now 7.8 billion people, more than double the Earth’s population just 50 years ago. And by 2050, the figure is likely to reach 10 billion, the scientists write, which would cause or exacerbate numerous serious problems. For example, more than 700 million people are starving and more than 1 billion are malnourished already; both figures are likely to increase as the population grows.

Population growth also greatly increases the risk for pandemics, the authors write, because most new infectious diseases result from human–animal interactions, humans live closer to wild animals than ever before and wildlife trade is continuing to increase significantly. Population growth also contributes to rising unemployment and, when combined with a hotter Earth, leads to more frequent and intense flooding and fires, poorer water and air quality, and worsening human health.

 

Friday, April 09, 2021

Have Elites Acquired The Technology To Rule Without The Gentry?

michaelochurch  |   In a society like ours, the upper and lower classes have more in common with each other than either has with the middle class. The upper and lower classes “live like animals”, but for very different reasons. The upper classes are empowered to engage their primal, base urges; the lower classes are pummeled with fear on a daily basis and regress to animalism not out of moral paucity but in order to survive. People in the lower class live lives that are consumed entirely by money, because they lack the means of a dignified life. Those in the upper class, likewise, experience a life dominated by money, because maintaining injustices favorable to oneself is hard work. So, even though the motivations are different (fear at the bottom, greed at the top) the lower and upper classes are united in what the middle class perceives as “crass materialism” and, therefore, have strikingly similar cultures. Their lives are run by that thing called “money” toward which the middle classes pretend– and it is very much pretend– to be ambivalent about. The middle classes are sheltered, until the cultural protection, on which their semi-privileged status depends, runs out.

The “middle-est” of the middle class is the Gentry. Here we’re talking about people who dislike pawnbrokers and stock traders alike, who appear to lead a society from the front while its real owners lead it from the shadows. This said, I have my doubts on the matter of there being one, singular Gentry. I would argue that corporate middle management, the clergy, the political establishments of both major U.S. political parties, TED-talk onanist “thought leaders” and media personalities, and even Instagram “influencers” could all be called Gentries; in no obvious or formal way do these groups have much to do with one another. Only in one thing are they united: by the middle 2010s it became clear that both the Elite (bourgeoisie) and Labor (self-aaware proletariat) were fed up with all these Gentries. Starting around 2013, an anti-Gentry hategasm consumed the United States, and as a member of said (former) Gentry I can’t say we didn’t deserve it.

Technology, I believe, is a major cause of this. Silicon Valley began as a 1970s Gentry paradise; by 2010, it had become a monument to Elite excess, arrogance, and malefaction. Modern technology has given today’s employers an oppressive power the Stasi and KGB only dreamt of. The American Gentry was a PR wing for capitalism when it needed to win hearts and minds; but with today’s technological weaponry, the rich no longer see a need to be well-liked by those they rule.

For a concrete example, compare the “old style” bureaucratic, paperwork corporation of the midcentury and the “new style” technological one, in which workers are tracked, often unawares, down to minutes. The old-style companies were hierarchical and feudalistic but, by giving middle managers the ability to protect their underlings, ran on a certain sense of reciprocated loyalty– a social contract, if you will– that no longer exists. The worker agreed not to undermine, humiliate, or sabotage his manager; the manager, in turn, agreed to represent the worker as an asset to the company even when said worker had a below-average year. All you had to do in the old-style company was be liked (or, at least, not be despised) by your boss. If your boss liked you, you got promoted. If your boss hated you, you got fired. If you were anywhere from about 3.00 to 6.99 on his emotional spectrum, you moved diagonally or laterally, your boss repping you as a 6.75/10 “in search of a better fit” so you moved along quickly and peaceably. It wasn’t a perfect system, but it worked better than what came afterward.

I’ve worked in the software industry long enough to know that software engineers are the most socially clueless people on earth. I’ve often heard them debate “the right” metrics to use to track software productivity. My advice to them is: Always fight metrics. Sabotage the readings, or blackmail a higher-up by catfishing as a 15-year-old girl, or call in a union that’ll drop a pipe on that shit. Always, always, always fight a metric that management wishes to impose on you, because while a metric can hurt you (by flagging you as a low performer) it will never help you. In the old-style company, automated surveillance was impossible and performance was largely inscrutable and only loyalty mattered– your career was based on your boss’s opinion of you. It only took one thing to get a promotion: be liked by your boss. In the new-style company, devised by management consultants and software peddlers with evil intentions, getting a promotion requires you to pass the metrics and be liked by your boss. In the old-style company, you could get fired if your boss really, really hated you. (As I said, if he merely disliked you, he’d rep you as a solid performer “in search of a better fit” so you could transfer peacefully, and you’d get to try again with a new boss.) In the new-style company, you can get fired because your boss hates you or because you fail the metrics. The “user story points” that product managers insist are not an individual performance measure (and absolutely are, by the way) are evidence that only the prosecution may use. This is terrible for workers. There are new ways to fail and get fired; the route to success is constricted by an increase in the number of targets that must be hit. The old-style hierarchical company, at least, had simple rules: be loyal to your boss. Having been a middle manager, I can also say that the new-style company is humiliating for us– we can’t protect our reports. You have to “demand accountability from” people, but you can’t really do anything to help them.

This, I think, gives us a metaphor for the American Gentry’s failure. Middle managers who cannot protect their subordinates from the company’s more evil instincts (such as the instinct to fire everyone and hire replacements 5 percent cheaper) have no reason to expect true loyalty. They become superfluous performance cops and taskmasters, and even if they are personally liked, their roles are justifiably hated (including by those who have to perform them.)

More On The Ruling Elite And Their Narrative,Technology, And Governance Endgame(s)

indiepf |  What I’ve called the Labor, Gentry, and Elite “ladders” can more easily be described as “infrastructures”. For Labor, this infrastructure is largely physical and the relevant connection is knowing how to use that physical device or space, and getting people to trust a person to competently use (without owning, because that’s out of the question for most) these resources. For the Gentry, it’s an “invisible graph” of knowledge and education and “interestingness”, comprised largely of ideas. For the Elite, it’s a tight, exclusive network centered on social connections, power, and dominance. People can be connected to more than one of these infrastructures, but people usually bind more tightly to the one of higher status, except when at the transitional ranks (G4 and E4) which tend to punt people who don’t ascend after some time. The overwhelmingly high likelihood is that a person is aligned most strongly to one and only one of these structures. The values are too conflicting for a person not to pick one horse or the other.

I’ve argued that the ladders connect at a two-rung difference, with L2 ~ G4, L1 ~ G3, G2 ~ E4, and G1 ~ E3. These are “social equivalencies” that don’t involve a change in social status, so they’re the easiest to transitions to make (in both directions). They represent a transfer from one form of capital to another. A skilled laborer (L2) who begins taking night courses (G4) is using time to get an education rather than more money. Likewise, one who moves from the high gentry (G2) to a 90-hour-per-week job in private wealth management (E4) is applying her refined intellectual skills and knowledge to serving the rich, in the hope of making the connections to become one of them.

That said, these ladders often come into conflict. The most relevant one to most of my readers will be the conflict between the Gentry and the Elite. The Gentry tends to be left-libertarian and values creativity, individual autonomy, and free expression. The Elite tends toward center-right authoritarianism and corporate conformity, and it views creativity as dangerous (except when applied to hiding financial risks or justifying illegal wars). The Gentry believes that it is the deserving elite and the face of the future, and that it can use culture to engineer a future in which its values are elite; while the upper tier of the Elite finds the Gentry pretentious, repugnant, self-indulgent, and subversive. The relationship between the Gentry and Elite is incredibly contentious. It’s a cosmic, ubiquitous war between the past and the future.

Between the Gentry and Labor, there is an attitude of distrust. The Elite has been running a divide-and-conquer strategy between these two categories for decades. This works because the Elite understands (and can ape) the culture of the Gentry, but has something in common with Labor that sets the categories apart from the Gentry: a conception of work as a theater for masculine dominance. This is something that the Elite and Labor both believe in– the visceral strength and importance of the alpha-male in high-stakes gambling settings such as most modern work– but that the Gentry would rather deny. Gender is a major part of the Elite’s strategy in turning Labor against the Gentry: make the Gentry look effeminate. That’s why “feminist” is practically a racial slur, despite the world desperately needing attention to women’s political equality, health and well-being (that is, feminism).

The Elite also uses the Underclass in a different process: the Elite wants Labor think the Gentry intends to conspire with the Underclass to dismantle Labor values and elevate these “obviously undeserving” people to, at least, the status of Labor if not promoted above them. They exploit fear in Labor. One might invoke racism and the “Southern strategy” in politics as an example of this, but the racial part is incidental. The Elite don’t care whether it’s blacks or Latinos or “illigals” or red-haired people or homosexuals (most of whom are not part of the Underclass) that are being used to frighten Labor into opposing and disliking the Gentry; they just know that the device works and that it has pretty much always worked.

The relationship between the Gentry and Elite is one of open rivalry, and that between the Gentry and Labor is one of distrust. What about Labor and the Elite? That one is not symmetric. The Elite exploit and despise Labor as a class comprised mostly of “useful idiots”. How does Labor see the Elite? They don’t. The Elite has managed to convince Labor that the Gentry (who are open about their cultural elitism, while the Elite hides its social and economic elitism) is the actual “liberal elite” responsible for Labor’s misery over the past 30 years. In effect, the Elite has constructed an “infinity pool” where the Elite appears to be a hyper-successful extension of Labor, lumping these two disparate ladders into an “us” and placing the Gentry and Underclass into “them”.

Wednesday, September 16, 2020

Is The Great Reset The Hegemonic Elite Narrative To Paper Over The Reality Of Peak Oil?


Yesterday morning I read back to back dissertations on the Green Economy and the Green New Deal from the Brookings (neoliberal fascist) and Open Democracy (center left) respectively. These got me thinking about the overarching objectives of the entire Great Reset Operation, the tools it has employed over the past three years for human livestock management, and, its endlessly escalating opposition to MAGA or Brexit nationalism. 

In the area of endless escalation, the abrupt impoverishment of tens of millions via unnecessary quarantines and lockdowns, billowing political and interpersonal polarization fast approaching civil war/race war, and the use of engineered biological agents (which presumably can be ratcheted up to increasing levels of contagiousness and lethality) - all point toward an endgame that is far more drastic than anything currently countenanced in the mainstream narrative. We're not talking here about a "new normal", instead, we're talking about mass starvation, everyone against everyone ultraviolence, and when austerity gets REALLY severe, cannibalism. 

Central Banks are fighting a battle they will lose. Conventional (easy cheap oil) peaked in 2005. To compensate for that we smash rocks and suck out the oil --- we steam oil out of sand - and we drill miles beneath the ocean for oil. The EROEI from those extractive methods is very low. At the moment, we still have enough high energy return oil to subsidize those methods so civilization continues. (with greatly reduced travel, disrupted supply chains, and massive amounts of stimulus to help cope with the low EROEI oil mix.

The global economy does NOT like low energy return oil because it leaves less to run the world. In 2019 shale oil was peaking so the stop-gap, make-work party was ending. At that time, political elites began handwaving toward Universal Basic Income and Modern Monetary Theory to prep us for what we are experiencing now. They trotted out pasty and uncharismatic Greta Thunberg to exhort us about shutting down the planet.

Meanwhile and in parallel we get the MAGA man and his competing exhortations to take America back to 1954 along every politically expedient metric. At that point, in his "greatest economy ever" spiel, he could point to a periodic glut and claim 'we are swimming in oil'.  A glut does not mean we have found more oil - it simply means producers are pumping their reserves out faster.  They usually do this when prices are low as they need the cash flow to pay the bills so they need to push our more volume. The truth is that there is very little new oil being found.   What would you do if you were on your last tank of gas?   Of course you would ration it.  

Enter Covid and the Great Reset. Covid was created in a lab to provide cover for the collapsing energy availability "new normal". Covid has provided mimetic cover under authority of science for central banks to roll out MMT UBI Helicopter Money.  In addition, we are being groomed to accept lockdowns.  Anyone who resists is met with a big fine, arrest and in some countries beatings.   Your neighbour will be told by the authorities to rat on you going forward. Why?  Because when the Central Banks and their puppet politicians lose control of this situation they will enact martial law -- a total lockdown.  (the police state pincer movement)

For a time there may be food delivery pacification to those in the most extreme condition, but like stimulus checks and the MMT UBI, these will stop in fairly short order too. Politicians will promise 'the deliveries will resume in a couple of days'.  Like good sheep, you will trust these sock puppet rascals and wait... and wait... and wait...  and when you realize there is no food coming you will be too weak and exhausted to do anything. In any event there will be nothing you can do - there will be no food because the system has collapsed. 

This will be for your own good.  Resisting is futile.   Nobody wants extreme violence and cannibalism.   You and your family will lie down and wait to die from starvation.   

Thursday, June 04, 2020

Rowdy Peasants Worldwide Tired Of This Ole Buuuhshidt!!!


Reuters |  Demonstrators hurled firebombs in a march towards the U.S. Embassy compound in Athens on Wednesday in a protest over the death of George Floyd in Minneapolis. 

Reuters journalists saw demonstrators throwing several flaming objects which erupted into flames on the street towards the heavily-guarded embassy in central Athens and police responding with rounds of teargas. 

The embassy itself was cordoned off with rows of blue police buses. 

Demonstrators were holding banners and placards reading “Black lives matter” and “I can’t breathe”. 

Police sources estimated the number of protesters at more than 3,000.

Wednesday, April 29, 2020

Wee Phuk Yu Social Credit Can't Hold A Candle To American Sicherheitsdeinst Fur Profit


theatlantic  |  COVID-19 has emboldened American tech platforms to emerge from their defensive crouch. Before the pandemic, they were targets of public outrage over life under their dominion. Today, the platforms are proudly collaborating with one another, and following government guidance, to censor harmful information related to the coronavirus. And they are using their prodigious data-collection capacities, in coordination with federal and state governments, to improve contact tracing, quarantine enforcement, and other health measures. As Facebook’s Mark Zuckerberg recently boasted, “The world has faced pandemics before, but this time we have a new superpower: the ability to gather and share data for good.”

Over the past decade, network surveillance has grown in roughly the same proportion as speech control. Indeed, on many platforms, ubiquitous surveillance is a prerequisite to speech control.

The public has been told over and over that the hundreds of computers we interact with daily—smartphones, laptops, desktops, automobiles, cameras, audio recorders, payment mechanisms, and more—collect, emit, and analyze data about us that are, in turn, packaged and exploited in various ways to influence and control our lives. We have also learned a lot—but surely not the whole picture—about the extent to which governments exploit this gargantuan pool of data.

Police use subpoenas to tap into huge warehouses of personal data collected by private companies. They have used these tools to gain access to doorbell cameras that now line city blocks, microphones in the Alexa devices in millions of homes, privately owned license-plate readers that track every car, and the data in DNA databases that people voluntarily pay to enter. They also get access to information collected on smart-home devices and home-surveillance cameras—a growing share of which are capable of facial recognition—to solve crimes. And they pay to access private tow trucks equipped with cameras tracking the movements of cars throughout a city.

America’s private surveillance system goes far beyond apps, cameras, and microphones. Behind the scenes, and unbeknownst to most Americans, data brokers have developed algorithmic scores for each one of us—scores that rate us on reliability, propensity to repay loans, and likelihood to commit a crime. Uber bans passengers with low ratings from drivers. Some bars and restaurants now run background checks on their patrons to see whether they’re likely to pay their tab or cause trouble. Facebook has patented a mechanism for determining a person’s creditworthiness by evaluating their social network.

Wednesday, August 16, 2017

Merck's Fraudulent Virtue Signalling A Moral Atrocity


statnews |  The warning signs of what would become a deadly opioid epidemic emerged in early 2001. That’s when officials of the state employee health plan in West Virginia noticed a surge in deaths attributed to oxycodone, the active ingredient in the painkiller OxyContin.

They quickly decided to do something about it: OxyContin prescriptions would require prior authorization. It was a way to ensure that only people who genuinely needed the painkiller could get it and that people abusing opioids could not.

But an investigation by STAT has found that Purdue Pharma, the manufacturer of OxyContin, thwarted the state’s plan by paying a middleman, known as a pharmacy benefits manager, to prevent insurers from limiting prescriptions of  the drug.

The financial quid pro quo between the painkiller maker and the pharmacy benefits manager, Merck Medco, came to light in West Virginia court records unsealed by a state judge at the request of STAT, and in interviews with people familiar with the arrangement.

“We were screaming at the wall,” said Tom Susman, who headed the state’s public employee insurance agency in the early 2000s and led the push to limit OxyContin prescribing in West Virginia.

“We saw it coming,” he said of the opioid epidemic, which today causes 28,000 overdose deaths a year in the United States. “Now to see the aftermath is the most frustrating thing I have ever seen.”
Overprescribing of OxyContin and other opioid painkillers is blamed for helping to plant the seeds for the current opioid crisis. West Virginia has been hit harder than any other state: It suffers the highest per capita drug overdose death rate in the country — more than double the national average. It also has one of the highest rates of painkiller prescribing.

The Weaponization Of Safety As A Way To Criminalize Students

 Slate  |   What do you mean by the “weaponization of safety”? The language is about wanting to make Jewish students feel saf...