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Tag: economic collapse

The real reason Nancy Pelosi went to Taiwan

The real reason Nancy Pelosi went to Taiwan

$3 trillion of trade passes through the Taiwan Strait every year Throughout the visit of Nancy Pelosi (who has gone on to South Korea where the president has declined to see her) there has been a lot of talk that to my mind misses the mark – from people saying it is just a “wag the dog” moment to distract from domestic troubles to the Chinese have “lost face” and proven themselves to be “paper tigers”. Last night, I stumbled…

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Peak Oil is back!

Peak Oil is back!

We Appear To Be Very Close To Peak Global Oil Production, And That Has Enormous Implications For The Entire Global Economy What do you think is going to happen when we get to a point where the world simply cannot produce any more oil than it is already producing?  It is often said that “energy is the economy”, and to a large degree that is true.  Very wealthy nations with large GDPs tend to use a great deal of energy,…

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Paul Craig Roberts warns the US is on the Precipice of Economic and Social Collapse

Paul Craig Roberts warns the US is on the Precipice of Economic and Social Collapse

Paul Craig Roberts Just Warned The US Is On The Precipice Of Economic And Social Collapse Today former US Treasury Secretary Paul Craig Roberts warned the US is now on the precipice of economic and social collapse. King World News, July 22, 2022 The Looting Continues July 22 (King World News) – Paul Craig Roberts:  The U.S. financial sector has long looted other countries. A number of participants have described the process. First a country is enticed with bribes to the leaders…

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Who is behind the Sri Lanka collapse?

Who is behind the Sri Lanka collapse?

If you look at western media you will find that to the extent there is any context at all that the blame is pinned on the corrupt Rajapaksa’s and on China. According to the narrative the Rajapaksas were responsible for moving away from its traditional western allies and pivoting towards China involving it in a debt trap with China. These articles are representative. Lanka paying for China’s colonization by debt; Ex-Niti Aayog Vice Chair flags dubious investments And China’s Sri…

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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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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 world’s energy crisis – 5 July, 2022

The world’s energy crisis – 5 July, 2022

Norwegian Strikes Could Sever NatGas Supplies To UK The European energy crunch is set to worsen this week after Norwegian offshore oil and gas workers went on strike, threatening to sever the Scandinavian country’s energy supplies to the UK and Europe, according to Reuters.  As much as 1,117,000 barrels of oil equivalent, or 56% of daily natural gas exports, while 341,000 barrels of oil would be lost by Saturday if strikes continue closing down fields, the Norwegian Oil and Gas (NOG)…

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NZ: “People should be prepared for power outages”

NZ: “People should be prepared for power outages”

This is sheer insanity. We can’t even keep the lights on in cold weather and Jacinda wants us to drive around in electric cars. Yeah, right! Are we going to burn Indonesian coal (we don’t seem to have our own any more) to look good. We flagged away our ability to act strategically in the 1980’s when we sold off our electricity to the highest bidders and God knows what secret deals we have signed up to overseas. I am…

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JACINDA ADERN’S MADCAP VISION FOR NEW ZEALAND’S “GREEN” FUTURE

JACINDA ADERN’S MADCAP VISION FOR NEW ZEALAND’S “GREEN” FUTURE

I am reposting this item from August, 2021 as it relates to a piece I am researching and writing right now. Everything speaks to moral bankruptcy and unacknowledged economic collapse This was back in June Ardern says climate crisis is ‘life or death’ as New Zealand landmark report calls for sweeping changes Climate Commission recommends shift to electric cars, large-scale agricultural reform and an end to reliance on gas in homes New Zealand has been handed a new vision for dramatic…

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