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Category: Economic collapse

The EU is going down the tubes

The EU is going down the tubes

Farmer Rebellion!! Chris Martenson discusses the Dutch farmers rebellion  Who’s laughing now? Trump made some outrageous claims about German energy at the UN — and the German delegation’s reaction was priceless German Energy Giant Warns Of Insolvency “Within Days”, Starts Draining Gas From Storage ….German energy giant and distressed nat gas utility Uniper, which is among the companies most exposed to Russian natural gas, has started using gas it was storing for the winter after Russia cut deliveries to Europe,…

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Insanity, lies and misrepresentation

Insanity, lies and misrepresentation

I have two prizes this morning for sheer lunacy that flies in the face of reality. First prize goes to Mike Adams of Natural News. Global freezing? Arctic ice levels reach 30-year HIGH Despite ever-rising carbon dioxide (CO2) levels, arctic ice is actually expanding, not melting. *** Does he mean ice expanding like this? The next prize goes to the anonymous people pushing this tripe. New ‘climate cardiology’ specialty needed to tackle links between climate change and cardiovascular health A new specialty…

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World Economic Forum removes article by Sri Lankan PM from its site

World Economic Forum removes article by Sri Lankan PM from its site

Infowars has revealed in an article, World Economic Forum Deletes Sri Lankan PM Article Boasting Of Plan to Make Country ‘Rich by 2025’ that an article by then- PM, Ranil Wickremesinghe (the very one that just had his house torched by the mobs), written for the World Economic Forum has been DELETED from their website. Fortunately, there is still a version republished in the Sri Lankan media in 2018. PM: This is how I will make my country rich by…

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Sri Lankan presidential palace stormed

Sri Lankan presidential palace stormed

From Indian media Gravitas: Sri Lankan presidential palace stormed | Will India pull Sri Lanka out of its nightmare? Sri Lanka President To Quit After Palace Stormed By Angry Protesters Update (1455ET): Sri Lankan President Gotabaya Rajapaksa announced he would step down late Saturday night after thousands of protesters rushed his official residence and offices earlier in the day.  Rajapaksa has taken refuge in an undisclosed location, some have pointed out, possibly on a naval ship.  Parliament Speaker Mahinda Yapa Abeywardena…

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A bank run in China

A bank run in China

Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits While the world of high, and not so high finance, is obsessing over the volatility of cryptos and recent painful losses for overlevered players who – much to the amazement of plain vanilla equity investors – were not bailed out by a magnanimous Fed (which however only rescues stock markets, not cryptos), things in China with its $54 trillion financial system, or more than…

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Saudi Arabia’s strategic oil reserves are running out: imports large quantities of Russian oil with Egypt as an intermediate country

Saudi Arabia’s strategic oil reserves are running out: imports large quantities of Russian oil with Egypt as an intermediate country

It’s back to Peak Oil! This story came out from the G-9 meeting at the end of last month, but I only picked it up today. This is highly, highly significant because it scuppers Joe Biden’s plans to increase production but it puts Peak Oil back on the table. The UAE and Saudi Arabia will not increase production because they CAN’T. I have known for some years that Saudi Arabia is past peak production and has for some years, something…

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Germany’s largest natural gas company collapsed

Germany’s largest natural gas company collapsed

Domino of developments: Germany’s largest natural gas company collapsed – Barrage of nationalizations begins Emergency plan in Germany The big shock to the global energy market has one more patient and it is none other than natural gas energy giant Uniper, which is in talks with the German government about a possible bailout of up to 9 billion euros, according to the news Bloomberg agency. Berlin is considering implementing a range of measures, including loans, a takeover by the equity…

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The Dutch Farmers’ Protest & The War On Food

The Dutch Farmers’ Protest & The War On Food

Authored by Kit Knightly via Off-Guardian.org, This week, tens of thousands of farmers have gathered from all across the Netherlands to protest government policies which will reduce the number of livestock in the country by up to a third. In a typical example of media weasel-wording, the press reports on this all headline something like “Dutch farmers protest emissions targets”, but this is a massive lie by omission. The government policy being protested is a 25 BILLION Euro investment in “reducing levels of nitrogen…

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The Netherlands is on fire

The Netherlands is on fire

I think there are some misconceptions about what the reforms are about but there is no doubt that, given the timing,  this is yet another attack on food production. Netherlands farmers protests. Germany deindustrialization. Moscow, new address UK embassy BREAKING: Shots fired at peaceful Dutch farmer Police have just fired shots at a Dutch farmer in his tractor participating in a blockade protest in Friesland. Police fire shots at peaceful Dutch farmer The incident occurred at roughly 11:30 to 11:40…

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