More and more, I feel that we are returning to the past, to issues that were first pointed out as I began this blog in 2011 by Mike Rupert. In his book on the Great Reset Alex Jones cites Mark Mills who is a senior fellow at the Manhattan Institute and a faculty fellow at Northwestern University’s McCormick School of Engineering and Applied Science, where he codirects an Institute on Manufacturing Science and Innovation. In 2019, Mills published a twenty-four-page…
Rapid developments in China: Electricity supply is rationed – Chaos from the “don’t pay” movement on loans Electricity with the ticket in the middle of a heat wave Serious developments are under way in China, which has moved to rationing electricity to businesses in the southwestern part of the country due to high temperatures increasing demand, while hydroelectric facilities face weak water flows, state media reported. Source: bankingnews.gr In southwest China’s Sichuan province, temperatures have regularly topped 40 degrees Celsius in…
From behind a paywall Sri Lanka Collapsed First, but It Won’t Be the Last An excerpt As a Sri Lankan, watching international news coverage of my country’s economic and political implosion is like showing up at your own funeral, with everybody speculating on how you died. The Western media accuse China of luring us into a debt trap. Tucker Carlson says environmental, social and corporate governance programs killed us. Everybody blames the Rajapaksas, the corrupt political dynasty that ruled us until massive protests by angry Sri Lankans chased…
I am more than a little sceptical about the narrative of a new future with a Multi-polar world. The Chinese Dream is Over! Shattered and gone, completely irreparable, The Chinese Dream is now nothing but an actual dream… Serpentza Ghost Cities video: https://youtu.be/wJ8JBTIVUVw Liziqi video: https://youtu.be/l5jHtRpr45c
Gonzalo Lira discusses the collapse of American power and how Washington has decided to pull down the rest of the world instead of accepting a graceful decline. The Russians have the upper-hand in Ukraine and will win the war. The U.S. now wants to pivot to war with Iran and eventually China. If the U.S. feels it is losing, in its hubris and pride it may seek to use nuclear weapons. The European project is over, Europe is dead. He…
Germany’s Union Head Warns of Collapse of Entire Industries Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. “Because of the gas bottlenecks, entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry,” said Yasmin Fahimi, the head of the German Federation of Trade Unions (DGB), in an interview with the newspaper Bild am Sonntag….
The Daily Expose, 28 June, 2022 Australia’s energy market was thrown into crisis in a case of market failure, resulting in soaring prices and fears of blackouts, according to Simply Wall St. Some companies were also accused of deliberately turning off generators to throttle supply and increase the margins they could earn from other generators. The current Labour government in Australia wants to achieve 82% renewable energy by 2030. Considering the Australian market is currently 75% fossil-fuel-powered, that’s an ambitious…
If you peruse the New Zealand media you will find nothing about this but it is very difficult not to bump into this increasing problem that is not going away any time soon. This is about all you will find on this. Interestingly, it was published in an AUSTRALIAN publication. The pandemic exposes NZ’s supply chain vulnerability – be ready for more inflation in the year ahead You don’t have to be an economist to know New Zealand faces its highest annual…
