The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. - Maximilien Robespierre.

Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Tuesday, March 11, 2025

Green Power Has Failed Miserably - Why Are Western Governments And Academics Still Pushing It?

 For t,he past twenty years at least governments have been throwing so much money at green power policies that businesses and financiers  have has to play the game.

In spite of this puch and all the propaganda about the science being settled (although it wasn't) by 2023 we found ourselves with EV sales shrinking, and inventories at dealers at astronomical levels so much so that fields are being rented to store the excess.

And the disenchantment with 'The Green New Deal' did not stop there. In January this year  Orsted, the Danish wind farm ‘pioneer’ reported that its stock market valuation had fallen which has fallen some 76 per cent since its peak in 2021 and the company was imposing a total halt to investment in new offshore wid farm projects. Or Albemarle group – a lithium producer and supplier of raw materials to EV battery makers – down over 80 per cent in the same time span. Global car and goods vehicle rental company Hertz replaced its entire fleet with EVs and is now facing Chapter 11 bankruptcy?. And what about oil and gas giants Shell and BP,both of which only a few years ago ere claiing bragging rights about how much they were investing in green power as they began divest oil and gas assets in preparation for Net Zero. Shell was practically forced to sell now far more valuable proven finds in the Permian Basin to ConocoPhillips for a song just under three years ago.

All of this is OUR money (yes yours and mine because the costs go right onto what we pay for fuel and electricity,) and it is being channelled into dead-end investments and will certainly have an impact via lower pension payouts in years to come, creating future economic problems for the developed nations.

Yet our government and attendant bodies such the Pension Regulator (UK, substitute whatever organisation fulfills this role in your country,) – are still urging our pension funds to throw good money after bad by investing in technologies that simply do not work. Indeed, all over the northrn hemisphere non-compliance with green policies will can result in significant penalties.

Not only are we directly subsidising renewables and EVs, driving up transport and energy costs, but we are also losing our prosperity in terrible investments.

The number one problem with almost every discussion of "green" technology and greenhouse gases is the failure to challenge the falsehood that "carbon is a pollutant". Far from being a polluting gas, CO2 is essential to the continuation of life on this planet. And on that point the science really is settled.

The CO2 pollution lie has been repeated so often that nobody notices that it is untrue. CO2 is plant food, and an increase from the present 0.04% even as high as 0.1% would enormously benefit food production. While CO2 does have some greenhouse gas effect, it's influence has passed the peak, and any increase from today's levels will have a negligible additional effect. Given that the planet is still in the mini ice age, and colder than the Medieval Warm Period and Roman times, a bit more heat would be nice.

By far the biggest greenhouse effect comes from water vapour. As primary school children used to be taught, a clear sky at night means that frost is likely while a cloudy sky at night means that frost is less likely, unless brought by a cold wind. Which is why night frost can occur in Britain in May, and also in the Sahara Desert.

From a simple engineering viewpoint, hydrocarbon fuels are by far the most appropriate sources of energy for most of the needs of our technology. For example, methane is the ideal form of hydrogen for many heating applications. Liquid hydrocarbons are the fuel most suited for mobile applications such as personal and freight transport - cars and lorries.

Electricity is well suited to trains, given the fixed track and overhead cable or third rail systems. But North Sea gas (or fracking the gas under Lincolnshire) as the main source of electricity would substantially cut the costs to the railways, homes and industry if properly priced instead of the present distortions.

But while China, India, Indonesia, Philippines and other emerging economies forge ahead with new industrial developments fuelled by gas, oil and coal our governments, influenced by intellectual idiots who have spent all their working lives faffing about in universities and have net zero experience of real business or real life are pushing us along a path of deindustrialisation, destroying national economies, jobs and prosperity. FROM THE ARCHIVES:

Hottest Ever UK January Day - In One Small Village
Today’s high is not due to ‘climate change’ although Warmageddonists and climate alarmists have been quick to claim it is, but is a result of a rare phenomenon known as the Fohn (or Foehn) effect (literally ‘the hairdryer effect’) that sees isolated spots near mountains hit with a narrow blast of hot air.

Net Zero Is Dying Says The Manhattan Contrairian - But Is It Taking Western Civilisation With It?
We Boggart Bloggers have always been sceptical of the Climate Change scam. And as most of our readers will be aware, the scam had to be rebranded as 'Climate Change' because after a brief (and statistically insignificant,) warming trend in the 1980s and 90 the apparent warming stopped until 2016 when there was a brief blip because of an El Nino event on the Pacific region before global mean temperatures started flatlining again ...

The Offshore Wind Fiasco Sets New Records For Government Incompetence
In an article on wind powered generators last week a science & technology writer showed himself in need of remedial education in basic literacy:"Meanwhile, 14GW of installed capacity puts us second in the world behind China," he burbled The problem here is inability to understand the meaning of 'installed capacity.' If it means a capability of generating 14GW of electricity, as it would if we were discussing gas, nuclear or coal that would be lovely ...

Environmentalists Hype The Summer Heat, Ignore The Winter Chill And Call Ity Science
According to Daniel Turner, founder and executive director of the nonprofit climate change scepticism advocacy group Power the Future, who insists that environmental activists are hyping up heat events such as the hot weather parts of the United States and southern Europe seeing right now. While mainstream media reporters are whipping themselves into a frenzy over the summer's heat, the kind of temperatures being recorded should not be causing surprise ...

Scientists says Nuclear Is The Way Forward For Clean Energy - Do Ursidae Defecate In Sylvan Landscapes?
Scientists, politicians and media have been screeching, for the past 30 or so years, about the need to transition away from carbon based fossil fuels, (coal, gas and oil,) as a matter or urgency or risk destroying the life supporting ecology of our planet by overloading the system with Carbon Dioxide (CO2) emitted from human activity. Next they'll be informing us, in their lofty and condescending way that yes, bears do actually shit in the woods.

Out Of Touch Elites Are Destroying Civilised Society Society With Net Zero Obsession And No Plan B
How good it must have felt for politicians to set those lofty goals, knowing that someone else must deal with the cost and the implementation? But now the bills are now arriving, and they’re bringing a world of hurt. To sum up: Western policy elites have embarked on the electrification of society, replacing hydrocarbons in housing and transport, but without the technology to replace it well.

Environmentalists Hype The Summer Heat, Ignore The Winter Chill And Call Ity Science
According to Daniel Turner, founder and executive director of the nonprofit climate change scepticism advocacy group Power the Future, who insists that environmental activists are hyping up heat events such as the hot weather parts of the United States and southern Europe seeing right now. While mainstream media reporters are whipping themselves into a frenzy over the summer's heat, the kind of temperatures being recorded should not be causing surprise ...

Climate Scaremongers Have Taken Over Where COVID Scaremongers Left Off
Boggart Blog can announce that the winners of our coveted Scaremongering Bollocks of The Month award goes this month to BBC News. Not only did the BBC report in one of their regular climate catastrophe scare stories that river levels across the UK have been at record lows, they broadcast that news story on the same day as The London Weather Centre announced that March 2023 was set to be the wettest March since records began.

Europes Tractor Protests Spread To Germany And Now Include Fishing Trawlers
Hundreds of farmers have descended in their tractors on a small German coastal town to protest measures imposed by the European Union as part of the bid to 'save the planet' by reducing CO2 emissions from cow farts. 400 tractors reportedly gathered in Büsum on Wednesday to protest what is probably the most insane environmentalist policy dreamed up by the EU idealogues to date ...

Green Energy & Net Zero: A Herd Of Elephants In The Room

The Cuadrilla Lancashire gas exploration wells yielded very high-quality natural gas from just a few fractures [ ... ]Claims that less than 1\100th of the gas resource of 37.6 trillion m3 could be extracted has been shown to be false, no actual UK data on gas recovery is available the claim was based on pre-2010 US data. Just 10% gas recovery from Bowland shale could supply 50 years’ worth of current UK gas demand.

Latest Bill Gates Insanity: Injecting Sulfur Into the Atmosphere Will Cause EnvironmentalDisaster
A study published in November by the University of Pennsylvania exposes the insanity of projects such as spraying particles of sulphur compounds into the stratosphere, self - anointed vaccime messiah Bill Gates' latest scheme to “save” the planet with "geoengineering" According to the mathematical modellers Gates pays hansomely to provide him with "scientific" data to persuade politicians to spend taxpayers money on projects run by companies his "charitable foundation" has invested in. Far from saving the planet this latest idiocy is actually destroying environments. Continue reading >>>

We Told You So - Government-funded Report Confirms World’s Largest offshore Wind Farm is UnprofitableA report commissioned by the Norwegian government has contradicted Boris Johnson’s recent claim that offshore wind costs have fallen by 70% in a decade. The report also blows a huge hole in Johnson's grandiose pledges to the COP26 conference that offshore wind power would propel Britain to its net - zero target for Carbon Dioxide emissions well before 2050, the target set by the climate conference for achieving that target.
Continue reading >>>

Climate: The Science, The Lies, The Malfeasance and The Deep State
Climate change hoax COLLAPSES as new science finds human activity has virtually zero impact on global temperatures We have previously highlighted this report from Finland which exposes the great flaw in "the science" of global warming. The link at the end of this extract takes you to a much more complete account of the research project which, not for the first time debunks the fake science on which the politically - motivate climate change scare.
Continue reading >>>

COP26 Climate Conference - Just Another Elitist Scam To Steal Your Money
If you are one of the people who still relies on mainstream media for information, the 'on - message' news reports coming from the COP26 Climate Conference in Glasgow this week, and during the build up to the conference, might have convinced you that the entire world (barring a few crazy conspiacy theorists,) is signed up to the 'net zero' agenda and believes that destroying the economies of the developed nations while exporting our jobs, business and prosperity to places like India and China is the only way to save the planet. Continue reading >>>

Forget The Hype About COP26 Saving The Planet, Here's The Reality
As mainstream media heaps praise on the delegates to the COP 26 climate conference because they have managed to agree to save the planet by repeating the same meaningless pledges and setting the same impossible targets as every previous climate conference in the past 20 years has, Boggart Blog brings you a message from a former colleague in Denmark, who tells us of the true condequences of 'gree' policy making in Europe's greenest nation.br> Continue reading >>>

Proof That The Alarmist Claptrap You Are Hearing And Seeing At COP26 Climate Conference Is A Load Of Bollocks
The Arctic ocean is warming up, icebergs are growing scarcer and in some places, the seals are finding the water too hot, according to a report to the Commerce Department yesterday from Consul Ifft, at Bergen, Norway. Reports from fishermen, seal hunters and explorers all point to a radical change in climate conditions in the Arctic zone. Expeditions report that scarcely any ice has been met with as far north as 81 degrees 29 minutes. Soundings to a depth of 3,100 meters showed the gulf stream still very warm ... Continue reading >>>

Green dreams of Heat Pumps Continue reading >>>
When Boris Johnson revealed the UK Government plans for achieving 'net zero' carbon emissions by 2050 it emerged the much teased clean, green replacement for gas boilers as our main source of domestic heating is to be heat pumps. The Daily Stirrer counters the pseudo-scientific bollocks and reveals this 'new technology has been around for a hundred years.

Governments' obsession with climate pseudoscience over economically and social viable solutions is leading to disaster
The government's current obsession with pursuing the target of net zero carbon emissions in order to claim the UK leads the world in green wankery is more to do with virtue signalling that governing, but with the complicity of mainstream media, particularly The BBC, climate scaremongering is providing a convenient diversion from this governments abject failure to address and of the very real economic and social problems facing us.

Globalist Elites Now Pushing For Lockdowns Save You From Climate Change


Elite globalists are now proposing that lockdowns be imposed to protect us punters from climate change. Did we ask for this? Did we vote for this?

We need a referendum on net zero to save Britain from the green blob

from The Daily Telegraph
As with membership of the EU, the political elite is imposing a revolution on the public without consent. Does the blob never learn? Voters don’t like being treated like naughty children

Thousands Of Tractors Blocks Berlin Traffic Over Plan To End Diesel Subsidy
Thousands of German truck drivers, farmers, and agricultural workers parked in front of the Brandenburg Gate in Berlin yesterday as another massive protest over the government's 'green' plans to end tax breaks on diesel fuel and subsidies to farmers prevented from getting the best out of their land by loonytoons EU 'rewilding' policies.

German Farmers target nation's vice chancellor in subsidies protest
German farmers angered by cost-saving plans impacting the country's agricultural sector blocked the EU state’s vice chancellor from disembarking a ferry on Thursday, in a protest that was criticized by both government and opposition figures. The farmer's ager was triggered by financial cutbacks imposed by EU policy on member state’s agricultural industries have.

Germany Burns Net Zero Pledges And Fires Up Coal Generating Plants Ahead Of Winter Peak Electricity Season
On Wednesday this week Germany's coalition government approved putting coal power plants back online until the end of March 2024 to ensure energy security when natural gas supplies cannot meet demand. Though Germany has for at least a decade vied with Britain to claim leadership of Europe's ill - advised push for net zero, the Berlin government has been forced into this move

The True Cost Of The Green Energy Boom Is Now Being Realized
For four decades we have been fed a constant stream of propaganda assuring us that green energy was the only way forward if we wanted to secure supplies of the energy essential to a modern society while preventing the environmental catastrophes that would be the inevitable consequence of climate change caused by the Carbon Dioxide (CO2) emitted by human industrial, commercial and social activity. ... Continue reading >>>

Do We Have A Winter Of Civil Disobedience Ahead?
As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave. We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.

A Mostly Wind- & Solar-Powered US Economy Is A Dangerous Fantasy
When President Biden and other advocates of wind and solar generation speak, they appear to believe that the challenge posed is just a matter of currently having too much fossil fuel generation and not enough wind and solar; and therefore, accomplishing the transition to "net zero" will be a simple matter of building sufficient wind and solar facilities and having those facilities replace the current ones that use the fossil fuels.

Debunked: The Great Renewable Green Delusion
The war in Ukraine has not caused the global energy crisis of early 2022 byt merely exacerbated it. Currently the nations currently in conflict with Russia over its incursion into Ukraine are those which are most dependent for their energy needs on Russian oil and gas. And now their loonytoons 'net zero' green energy policies have failed they are biting the hand that feeds them.

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Monday, July 24, 2023

Another Setback For UK's Net Zero Green Dreams As Cost Rise Faster Than China's CO2 Emissions

 The UK ruling elite's dreams of leading the world to a net zero future suffered another setback today when Swedish energy company Vattenfall announced work on the Norfolk Boreas offshore wind farm is to be suspended indefinitely. The reasons given are spiralling costs, uncertainty in supply lines and the economic reality that despite all the propaganda about 'wind power is free' over the past few years, offshore wind farms are hideously expensive to operate as well as being enormously damaging to the marine environment.

As this blog has always said, if you pick a fight with nature, nature will always win. Thus it should be no surprise that one of  the UK’s largest offshore wind farm projects to date has has run aground, ironically partly due to lack of wind because 2023 has so far been notable for a high number of windless or low wind days, but also due to the rocketing costs of raw materials needed to make wind turbines costs. The fact that China and Russia control most sources of these vital raw materials should also be no surprise.

Swedish energy group, Vattenfall, has been forced to halt construction and planning work on its 1.4GW Norfolk Boreas site off England's east coast, following a 40% increase in budgeted costs. Clearly, “going green” isn’t the path to instant riches and ongoing prosperity the government's propagandists would have you believe.

Anna Borg, Vattenfall’s CEO wrote in a statement released today:

“What we see today, it simply doesn’t make sense to continue this project.”

https://www.ft.com/content/f9d0f4f9-6d95-44a9-924b-d88627fd6485

 This news blows a huge hole in the UK government's the commitment to increasing its offshore wind capacity 300 per cent by 2030 in order to push forward the total decarbonisation of the electricity system. It also hihlights the truth of another claim by independent commentators that has been dismissed as a 'conspiracy theory' by mainstream media and academics, that the cost efficiency and reliability of these 'renewable energy' projects remain questionable.


For over 20 years the UK government has been promoting the wonders of wind power projects to meet its unrealistic net-zero targets, apparently oblivious to the reality that we cannot control the wind and when there is insufficient movement of air (i.e. below 12 mph) a wind turbine is not going to generate a single watt of electricity. However nature is biting back, and with costs spiraling out of control, the flight from fossil fuels looks as if it is struggling against into a headwinds.

This latest fiasco forged by the government's scientific advisers stands as a testament to the impracticality of impulsively jumping on the renewable energy bandwagon while shouting "We're following the science," without first thoroughly investigating the practical limitations of technologies that look great on paper, in mathematical models, or under controlled conditions in the laboratory.

The now defunct, if we are honest, Norfolk Boreas offshore wind farm was intended to be the flagship of the country’s major offshore wind projects. Its aim was to provide low cost electricity to 1.5 million homes with up to 140 turbines. Now the developers have acknowledged that projects with low locked-in electricity prices have turned uneconomical due to these escalating costs and disruptions.

In February this year our Daily Stirrer publication reported that Vattenfall, along with Denmark’s Ørsted and other wind farm developers, were seeking tax breaks or subsidies as a remedy to their fiscal woes which had been created by governments pandering to extremist pressure groups and prematurely closing gas, coal and nuclear power plants, capping wells and abandoning mines on the strength of assurances from mathematical modellers that wind power could supply all the energy needs of the world's fifth largest economy. Perhaps now the twin mirage of “cheap” renewable energy and the infallibility of science are revealed to have been nothing but a smoke and mirrors stunt, perhaps vote seeking politicians and rent - seeking science journalists may have to acknowledge the economic reality that has been hidden behind the curtain.

RELATED:

Scientists says Nuclear Is The Way Forward For Clean Energy - Do Ursidae Defecate In Sylvan Landscapes?
Scientists, politicians and media have been screeching, for the past 30 or so years, about the need to transition away from carbon based fossil fuels, (coal, gas and oil,) as a matter or urgency or risk destroying the life supporting ecology of our planet by overloading the system with Carbon Dioxide (CO2) emitted from human activity. Next they'll be informing us, in their lofty and condescending way that yes, bears do actually shit in the woods.

Out Of Touch Elites Are Destroying Civilised Society Society With Net Zero Obsession And No Plan B
How good it must have felt for politicians to set those lofty goals, knowing that someone else must deal with the cost and the implementation? But now the bills are now arriving, and they’re bringing a world of hurt. To sum up: Western policy elites have embarked on the electrification of society, replacing hydrocarbons in housing and transport, but without the technology to replace it well.

Implosion of Germany's Green Party Threatens To Destabilse EU
With the defeat of Donald Trump in the 2020 US election, the far left parties in Liberal Democracies celebrated the defeat of the far right. At around the same time it appeared that Germany's AfD party, Italy's Lega and and the Sweden Democrats had been discredited and surges in their popularity had been halted by negative propaganda campaigns while Germany's Green Party were at the height of their popularity and were hailed as Europe's great hope for a clean, net zero, woke, gay and trans friendly future.

Climate Scaremongers Have Taken Over Where COVID Scaremongers Left Off
Boggart Blog can announce that the winners of our coveted Scaremongering Bollocks of The Month award goes this month to BBC News. Not only did the BBC report in one of their regular climate catastrophe scare stories that river levels across the UK have been at record lows, they broadcast that news story on the same day as The London Weather Centre announced that March 2023 was set to be the wettest March since records began.

Green Energy & Net Zero: A Herd Of Elephants In The Room

The Cuadrilla Lancashire gas exploration wells yielded very high-quality natural gas from just a few fractures [ ... ]Claims that less than 1\100th of the gas resource of 37.6 trillion m3 could be extracted has been shown to be false, no actual UK data on gas recovery is available the claim was based on pre-2010 US data. Just 10% gas recovery from Bowland shale could supply 50 years’ worth of current UK gas demand.

Green Energy & Net Zero: A Herd Of Elephants In The Room

The Cuadrilla Lancashire gas exploration wells yielded very high-quality natural gas from just a few fractures [ ... ]Claims that less than 1\100th of the gas resource of 37.6 trillion m3 could be extracted has been shown to be false, no actual UK data on gas recovery is available the claim was based on pre-2010 US data. Just 10% gas recovery from Bowland shale could supply 50 years’ worth of current UK gas demand.

Germany Forcing Farmers To Use LESS Fertilizer To Satisfy EU’s Green Agenda
The German government, already reeling from the public backlash against rising fuel prices, the shortage of gas since supplies from Russia were cut off, and the biggest economic crisis in the EU, has now jumped on another 'woke' bandwagon. The socialist led ruling coalition has banned farmers in one of its federal states from properly fertilizing land in compliance with the latest lunacy of the EU's green agenda ...

Just When We Need It Most, Renewable Energy Disappears
In an encouraging sign of a great awakening, million of people in the UK are now, after a week of brutally cold, absolutely windless weather asking "Why have we wasted so much money on wind turbines and harvesting solar energy."
  Yet when politicians are asked directly: "How do we keep the lights on and our homes warm when the wind does not blow and the sun is too low in the sky to make much impression on photovoltaic cells that do the business in solar panels?

Europe's Cold Spell Exposes Green Energy Policy Failure
So far the autumn of 2022 has been unusually mild which has had eco-warriors getting worked up and gluing their arses to motorways and airport runways to demand that we stop using oil. However winter temperatures across Europe predictably dropped sharply in late November and through most of December to date have been positively arctic. Scientists have offered the opinion that the cold weather spell the ongoing European gas crisis is now “likely” to worsen significantly as usual seasonal weather spreads across the northern half of the continent, bringing with it an increased need for domestic heating.

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Thursday, October 27, 2022

Former Bank of England Chief Blows The Gaffe On Post COVID Economic Crisis

 BBC Breakfast, like most of mainstream media, obsessed over the Conservative Party leadership contest and who it will throw up as our next Prime Minister throughout the weekend just gone, giving a platform to contenders and their supporters and critics, and also to various talking heads from the opposition Labour Party who were all keen to describe in detail what the government had got wrong, but rather coy when required to detail how Labour would have done things differently and how their policies would have produced a better outcome.  

However the most significant comments on the many headed crisis that awaits the new
Prime Minister came from a guest who is not linked to any political party: Lord Mervyn King, who was governor of the Bank of England between 2003 and 2013. Asked about the narrative being spread by some Liz Truss supporters, perhaps in a bid to undermine her successor and set in train events that will lead to another gangland execution,  that financial markets ‘bullied’ Truss out of her plans and out of office, King gave a clear explanation of what had gone so badly wrong for Liz Truss and her hapless Chancellor Kwasei Kwarteng:

Markets are not in charge. Governments and central banks are. Markets respond to the announcements made by government and central banks. And central banks have lost control of inflation, government lost control of the public finance; not surprising that markets respond to that.
I think all central banks in the west, interestingly, made the same mistake. And during Covid, when the economy was actually contracting because of lockdown, central banks decided it was a good time to print a lot of money. That was a mistake. That led to inflation. We had too much money chasing too few goods. And the result was inflation. That was predictable. It was predicted, and it happened. So that’s one problem we have to try to get out of. But the public finances both in the United States and the United Kingdom were not put on a sustainable track. And markets responded to that.

 

King’s words highlighted several important factors that led to the mayhem that followed on the heels of the ill - fated mini-Budget, reportedly authored by Kwarteng and Truss themselves, and the economic chaos it plunged the country into. He stressed that the economic crisis is global, that the UK is not the only country experiencing higher interest rates or borrowing costs, as the economic climate is changing for everyone (albeit it’s happened faster in Britain, with far more international attention). This will not be well received by the people who still cannot accept that in a democratic vote we chose to leave the European Union and thus try to twist every negative news story in a way that enables them to blame it on Brexit. Unfortunately for them, Joe Public is all too aware that all the economically significant EU member states are as far or further up shit creek than we are.

The former central banker's verbal lashing did not spare the central banks. King made it crystal clear that mistakes had been made by all central banks in the west, though it was obvious he rated the Bank of England’s decision to dither and dally on actions to curb inflation as the biggest of all central bank cock ups, also lambasting their decision to print uncontrolled amounts of money in order to appease politicians and purveyors of 'The Science.'

While the cost of wrong headed and utterly ineffectual COVID reponse schemes like furlough (paying people to stay off work,) – roughly £70bn in total – did require the Bank and Treasury to work hand-in-hand, it has been a point for contention for a while now just how much money printing took place (the Bank created more money in the first year of Covid than it had in the decade leading up to it).

NB when we say 'printing money' in relation to governments and central banks, it is not a case of simply turning the speed of the printing presses up to eleven, money is created by selling bonds - in effect a contract to pay interest at a fixed rate on a certain sum for a specified number of years before redeeming the bond at face value.

Not only did the Bank oversee an astoundingly huge increase in the money supply; government policy saw cash flow into the national economy through furlough, business support support schemes, etc), yet central banks meekly went along with political denials that such reckless economic management would have  no inflationary consequences, which was bollocks of course.

 At one point in the show King blamed on the economics profession directly: 'If I were to blame anyone,’ he said, ‘I would blame the economics profession for encouraging [central banks] to print money [like] it didn’t matter.’

He also stressed that markets are not political in the way party politics are, forming policy and reacting to world events but instead are responding to a particular tax cuts or set of performance statistics  – on the wider scale they are responding to the sustainability of financial plans, the ‘sustainable track,’ as King called it. 

The recent mini-Budget that sank the government of Liz Truss was evidence that politicians are not taking fiscal discipline seriously after the loonytoons public spending splurges of the pandemic responses. It was a time when public debt has skyrocketed and deficits in peacetime hit record highs. It appeared to be a tipping point beyond which the philosophy of debt driven economies and rational behaviour parted company. All politicians are having to grapple with the consequences now, unfortunately few seem to realise that.

But perhaps the biggest impact of King’s appearance was not simply what he said, but how his contributions influenced what followed. Asked by The BBC's Laura  Kuenssberg what direction the UK ought to be taking, King was warning about the ‘more difficult’ decision to come, including austerity and possibly ‘significantly higher taxes’ to fund public services, both to get the books in order but also to avoid passing on a staggering bill to future generations.

His comments echoed as unsuccessful Tory leadership  contender refused to comment on any public policy, economic and otherwise, insisting that she would ‘not being drawn into the detail’ on decisions that presumably she would need to start making in less than a week, were she to become leader and by tradition Prime Minister. This included not talking about how she might reduce the UK’s deficit, which is thought to be required to regain market confidence and get things back on track – no doubt in part due to the serious lack of popularity spending cuts will have at a time when the cost of living crunch is worsening.

‘You heard from Penny Mordaunt,’ King pointed out, ‘we will probably hear in a minute from Keir Starmer (leader of the opposition Labour Party), that public expenditure isn’t going down, if anything it will go up. Therefore taxes will have to rise to fill the gap which is there at present. That doesn’t make a very happy picture for the next few years.’

Indeed, that’s exactly what happened when the Labour leader sat down in the hot seat, refusing to be pulled in on discussion of spending cuts, while insisting that some areas, including the usual Labour Party sacred cows, needed a funding boost. Starmer singled out healthcare, declaring ‘of course the NHS needs more money’ (he followed up later with vague talk of reform as well). With healthcare spending on track to account for almost 45 per cent of day-to-day government spending in the next few years, at some point Starmer will have to lay out just how high he thinks that number should go, and where exactly the money might come from.

King’s main point, that these are difficult times indeed, has been echoed by our new Prime Minister, Rishi Sunak, and by every politician of every party who has been given chance thecise their vocal cords in public since . Very few of those politicians however, are ready to discuss the remedies publicly, nor are they prepared to seriously discuss spending cuts. 

RELATED:


The True Cost Of The Green Energy Boom Is Now Being Realized
For four decades we have been fed a constant stream of propaganda assuring us that green energy was the only way forward if we wanted to secure supplies of the energy essential to a modern society while preventing the environmental catastrophes that would be the inevitable consequence of climate change caused by the Carbon Dioxide (CO2) emitted by human industrial, commercial and social activity. ... Continue reading >>>

Soaring Lithium Prices Putting Transition To Electric Cars In Doubt
With battery quality Lithium Carbonate regularly trading at above $US70,000 per ton the impact of this soaring cost of the essential material in batteries for electric vehicles is starting to impact the push to abandon fossil fuels . Worse still, analysts are predicting lithium prices will continue to rise as demand for electric cars and goods vehicles grows.

Do We Have A Winter Of Civil Disobedience Ahead?
As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave. We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.

Is Russia Selling Its Oil To The World Through An Obscure Egyptian Port?
As this blog predicted when NATO and EU member states shot themselves in the foot by reacting to Russia's invasion of Ukraine with sanctions that prevented Russia from selling oil, gas and vital raw materials to the countries that needed them most, the NATO and EU member states, the Russians have had no problems finding alternative customers for their gas and oil and no problem getting oil into the world's commodity markets through the back door.

Jingoistic Western Triumphalism Will Not End The War In Ukraine Or Cripple Putin, But It Is Crippling Western Nations

As the war in Ukraine grinds on and Russia steps up its economic war against the west and in particular The European Union, claims made recently by the idiotically 'woke' leaders of Europe's main economic and military powers that the West has a once-in-a–generation chance to severely weaken Russia’s capabilities, both militarily and geopolitically, look increasingly hollow. Putin's critics have cited 'Western unity' as one of the main reasons why Russia will be economically destroyed and politically humiliated when the Ukraine's military finally claim victory.

UK Households Are Paying Wind Turbine Owners To Not Generate Electricity
On another near windless day here in the United Kingdom, Boggart Blog came across a very interesting piece if news. According to figures published by the business and management consultancy LCP, british taxpayers have been paying operators of wind turbines farms for the time their windmills were NOT generating electricity increased to record levels last year ...

Russia and China announce a new global reserve currencyIt was always on the cards that Russia, China and rest of the BRICS countries would use the CIA / NATO engineered war in Ukraine to launch the main thrust of their economic war on the west, in fact after having written so much in our Currency Wars page about the inevitability of Russia and China challenging the US dollar’s global reserve status, now, it’s happening we can only say: "We Told You So".

"Our Country Is Facing The Biggest Crisis The Crisis We Ever Had": German Employers' Association Warns Over Russian Gas Cut
With the Nord Stream 1 pipeline closed for maintenance, with the possibility that President Putin will not allow it to reopen at the end of the scheduled 10 days downtime in retaliation for the EU's continued support or Ukraine in their conflict with Russia, Germany is facing an unprecedented crisis that could erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations.

European Union Is Again Close To A Meltdown As Eurozone Economy Collapses
Once more we return to the political instability and economic fragility of the European Union as the conflict in Ukraine combined with loonytoons Climate Change mitigation policies, the failure of 'sustainables' to meet ever increasing demand for electricity, fod shortages and rampant price inflation put economic and social pressure on governments of member states ...

Net Zero Is A Dangerous Fantasy, But Scientists Believe In Fairies It Seems
With oil and gas prices rocketing and the highly propted sustainable energy sources performing way befow expectations the energy crisis currently gripping Europe (with worse to come as food shortages start to bite, polticians still seem more intent on pandering to the green lobby and chasing the dream of a fossil fuel free world rather securing the energy and food supplies needed by the people they serve.

The Federal Republic of New Normal Germany
So, the government of New Normal Germany is contemplating forcing everyone to wear medical-looking masks in public from October to Easter on a permanent basis. The fanatical New Normal fascists currently in charge of Germany’s government are discussing revising the “Infection Protection Act” in order to grant themselves the authority to continue to rule the country by decree, as they have been doing since the Autumn of 2020, thus instituting a “permanent state of emergency” that overrides the German constitution, indefinitely ...

Europe's Depleted Gas Storage Might Not Get Refilled Ahead Of Next Winter
While mainstream news reporting of the conflict in Ukraine continues to pump out a torrent of anri - Russia, pro - war propaganda the catastropic effects of this war that could so easily have been avoided are not mentioned. Well why would warmongering governments admit they have inflicted an energy crisis, food shortages and soaring living costs on their people for no good reason ...

While Crazy Joe Biden Claims Victory Over Russia, NATO's Expansin Plans Have Been Derailed By PutinJoe Biden (or his handlers because we all know Joe's mind is gone,) have been trying to spin reports of Russian troops withdrawing from positions close to the Ukraine border as a diplomatic victory for the USA over Putin but in the geopolitical game things are seldom what they seem to be ...

EXPLORE:
[Daily Stirrer] ... [ Our Page on on Substack ]... [Boggart Aboad] ... [ Ian Thorpe at Quora ] ... [ Greenteeth Home ] ... [ Greenteeth on Minds.com ] ... [ Here Come The Russians ] ... [ Latest Posts ]

Saturday, October 15, 2022

Ukraine Spends $5 Million To Shoot Down A $25,000 Drone

from Portfolio Armour

Saturday, Oct 15, 2022
A Ukrainian MiG-29 (Tech. Sgt. Charles Vaughn/U.S. Air National Guard)
A Ukrainian MiG-29 (Tech. Sgt. Charles Vaughn/U.S. Air National Guard)

The Economics of Air Defense

A lot happened in the last week in the Ukraine War. In this post, we’ll look at one incident that may shed some light on the economics of the conflict. Following that, a note about avoiding head fakes in in war and markets by keeping your eye on the big picture.

After the Ukrainian attack on the Kerch Strait Bridge last weekend, Russia responded with massive missile and drone strikes on Ukrainian targets starting on Monday. The drones were primarily Iranian Shahed-136 Kamikazes (re-christened as Geran-2 by Russia).

Cost estimates I’ve seen for these drones vary from about $20,000 to $25,000 each. They’re literally powered by lawnmower engines (presumably, because Iran has limited access to engines due to U.S. sanctions), though in the video above, it looks like they get an initial rocket boost off their launchers.

Despite being loud and slow, they apparently have been quite effective, so the Ukrainian Air Force sent up a MiG-29 fighter to shoot one down.

A MiG-29 apparently costs something between $5 million and $12 million, incidentally.

In this case, the MiG successfully shot down the drone, but shrapnel from the explosion of the drone hit the MiG’s cockpit, forcing the pilot to eject. You can see wreckage of the MiG HERE.

So the Ukrainians sacrificed a $5 million+ plane to shoot down a $25,000 drone. If this sounds like it may be an unrepresentative example, consider that we’ve already given the Ukrainians aid equal to Russia’s entire military budget for 2021. ... CONTINUE READING >>>

RELATED:

 

 

Has Putin Has Pushed Europe Into Economic Depression, Hyperrinflation and Currency Collapse?
Though it was entirely predictable and indeed had been expected for some time, the news over the weekend that the Nord Stream 1 pipeline which feeds gas from Russia to northern Europe via The Baltic route had been shut down completely by The Kremlin in retaliation for the continued financial and military support given by NATO and EU member states to Ukraine in the conflict with Russia. The European Commission, governing body of the EU, immediately put the community on something close to a war footing, ...
Continue reading >>>

Do We Have A Winter Of Civil Disobedience Ahead?
As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave. We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.

Is Russia Selling Its Oil To The World Through An Obscure Egyptian Port?
As this blog predicted when NATO and EU member states shot themselves in the foot by reacting to Russia's invasion of Ukraine with sanctions that prevented Russia from selling oil, gas and vital raw materials to the countries that needed them most, the NATO and EU member states, the Russians have had no problems finding alternative customers for their gas and oil and no problem getting oil into the world's commodity markets through the back door.

Are US Supplied Long Range Missiles Really Winning The War For Ukraine?
Since very soon after the start of the war between Russia and Ukraine western powers, USA, UK, EU and NATO have been doing everything possible to prolong and escalate the war. The latest move is to provide the Ukrainian military with long range HIMARS missile. Mainstream media are claiming this has tilted the balance in Ukraine's favour. But for what? To prolong the slaughter? ...

Jingoistic Western Triumphalism Will Not End The War In Ukraine Or Cripple Putin, But It Is Crippling Western Nations

As the war in Ukraine grinds on and Russia steps up its economic war against the west and in particular The European Union, claims made recently by the idiotically 'woke' leaders of Europe's main economic and military powers that the West has a once-in-a–generation chance to severely weaken Russia’s capabilities, both militarily and geopolitically, look increasingly hollow. Putin's critics have cited 'Western unity' as one of the main reasons why Russia will be economically destroyed and politically humiliated when the Ukraine's military finally claim victory.

European Union Is Again Close To A Meltdown As Eurozone Economy Collapses
Once more we return to the political instability and economic fragility of the European Union as the conflict in Ukraine combined with loonytoons Climate Change mitigation policies, the failure of 'sustainables' to meet ever increasing demand for electricity, fod shortages and rampant price inflation put economic and social pressure on governments of member states ...

Russian Long Range Missile Test Fuels Nuclear War Fears As NATO Pushed Ukraine To Escalate Conflict
Russia tested its latest intercontinental ballistic missile yeserday, the Satan II has a range of 10,000 miles and can devastate an area of 250,000 square kilometers according to military experts. Bizarrely commentators in mainsteam and online news services portrayed this as a sign of weakness by Russia, though the same people cheered when Joe (Dementiaman) Biden threratened a nuclear response if Russia crossed his 'red lines' in Ukraine ...

We The Good Guys Versus They The Bad Guys Reporting Does Not Make Sense For The Ukraine Crisis
Mainstream media reporting of the conflict in Ukraine has disappointed. Perhaps I was naive to suppose that lessons might have been learned from the hits their print sales and online traffic rates took as a result of their handling the COVID pandemic But instead of focusing on the most obviously newsworthy aspect of the build up to and escalation of the war, Russia’s view of NATO expansion into Ukraine and even further to Georgia and Kazakhstan, news reports have simply demonised Russia and portrayed Ukraine as the good guys.

Boris and Biden Can't Blame Ukraine War For Energy Crisis
With typical arrogance and condescension towards the people who elected them Boris Johnson, Joe Biden and their respectiive presstitutes are trying to spin the energy crisis Europe and North America are currently facing as somehow being linked to the conflict in Ukraine and therfore blame is being attactched to Russia and Vladimir Putin. Do they really think we are stupid enough to believe such unmitigated bollocks? ...

Even If The War In Ukraine Ends, Sanctions Will Stay - So How Bad Will The Food Crisis Get?
Western leaders, desperate to show their own countries they were taking a firm stance on Russia's invasion of Ukraine, were quick to impose economic sanctions ... so quick in fact that they acted before they had though things through. While freezing Russia out of the global finance system they have exacerbated the wests energy crisis, while Russia's retaliatory ban on raw materials (fertiliser) exports will create extra problems on top of those we already had ...

Europe's Depleted Gas Storage Might Not Get Refilled Ahead Of Next Winter
While mainstream news reporting of the conflict in Ukraine continues to pump out a torrent of anri - Russia, pro - war propaganda the catastropic effects of this war that could so easily have been avoided are not mentioned. Well why would warmongering governments admit they have inflicted an energy crisis, food shortages and soaring living costs on their people for no good reason ...

Putin, Macron To Hold Urgent Talks To Halt Military Escalation In Ukraine
Even though the leaders of Ukraine itself are talking down the threat of war with Russia over the breakaway region of Donbas, America and Britain are still beating the war drums and demonising Russian leader Vladimir Putin. Russia insists they have no plans to invade Ukraine and one western leader at least, France's Emmanuel Macron, seems to be listening to messages coming out of the East European trouble spot...

Germany News Mag. Spiegel Asks "Is Vladimir Putin Right?" About NATO Expansion
As the confrontation along the border between Ukraine and Russia has escalated to actual shooting with ethnic Russian rebel separatists in Donbas reporting intensified shelling and initiating a "general mobilization" of military-age males, with Moscow denying they plan to invade and Ukraine's leaders accusing US, UK and French leaders of hysteria for talking up the threat of war, Germany's leading newspaper Spiegel asks the question fundamental to the entire conflict...

While Crazy Joe Biden Claims Victory Over Russia, NATO's Expansin Plans Have Been Derailed By PutinJoe Biden (or his handlers because we all know Joe's mind is gone,) have been trying to spin reports of Russian troops withdrawing from positions close to the Ukraine border as a diplomatic victory for the USA over Putin but in the geopolitical game things are seldom what they seem to be ...

Thursday, July 21, 2022

Breaking - Conversion Draft

Digital Authoritarianism: AI Surveillance Signals The Death Of Privacy

 

Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute,

“There are no private lives. This a most important aspect of modern life. One of the biggest transformations we have seen in our society is the diminution of the sphere of the private. We must reasonably now all regard the fact that there are no secrets and nothing is private. Everything is public.” 

- Philip K. Dick

Nothing is private.

We teeter on the cusp of a cultural, technological and societal revolution the likes of which have never been seen before.

While the political Left and Right continue to make abortion the face of the debate over the right to privacy in America, the government and its corporate partners, aided by rapidly advancing technology, are reshaping the world into one in which there is no privacy at all.

Nothing that was once private is protected.

We have not even begun to register the fallout from the tsunami bearing down upon us in the form of AI (artificial intelligence) surveillance, and yet it is already re-orienting our world into one in which freedom is almost unrecognizable.

AI surveillance harnesses the power of artificial intelligence and widespread surveillance technology to do what the police state lacks the manpower and resources to do efficiently or effectively: be everywhere, watch everyone and everything, monitor, identify, catalogue, cross-check, cross-reference, and collude.

Everything that was once private is now up for grabs to the right buyer.

Governments and corporations alike have heedlessly adopted AI surveillance technologies without any care or concern for their long-term impact on the rights of the citizenry.

As a special report by the Carnegie Endowment for International Peace warns, “A growing number of states are deploying advanced AI surveillance tools to monitor, track, and surveil citizens to accomplish a range of policy objectives—some lawful, others that violate human rights, and many of which fall into a murky middle ground.”

Indeed, with every new AI surveillance technology that is adopted and deployed without any regard for privacy, Fourth Amendment rights and due process, the rights of the citizenry are being marginalized, undermined and eviscerated.

Cue the rise of digital authoritarianism.

Digital authoritarianism, as the Center for Strategic and International Studies cautions, involves the use of information technology to surveil, repress, and manipulate the populace, endangering human rights and civil liberties, and co-opting and corrupting the foundational principles of democratic and open societies, “including freedom of movement, the right to speak freely and express political dissent, and the right to personal privacy, online and off.”

The seeds of digital authoritarianism were planted in the wake of the 9/11 attacks, with the passage of the USA Patriot Act. A massive 342-page wish list of expanded powers for the FBI and CIA, the Patriot Act justified broader domestic surveillance, the logic being that if government agents knew more about each American, they could distinguish the terrorists from law-abiding citizens. ... Continue reading >>>

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Algorithms Are No Better At Telling The Future Than Tarot Cards Or A Crystal Ball
According to a new report “An increasing number of businesses are investing in advanced technologies that can help them forecast the future of their workforce and gain a competitive advantage”. Almost every day we see more bollocks being written by supposedly intelligent people who believe that by using things called ‘Data Science’, ‘Artificial Intelligence,’ and ‘Big Data’, machines can already be relied on to make better decisions than humans, and that soon computers will equal or even surpass us in actual intelligence. ... Continue reading >>>

Proof That The Alarmist Claptrap You Are Hearing And Seeing At COP26 Climate Conference Is A Load Of Bollocks
The Arctic ocean is warming up, icebergs are growing scarcer and in some places, the seals are finding the water too hot, according to a report to the Commerce Department yesterday from Consul Ifft, at Bergen, Norway. Reports from fishermen, seal hunters and explorers all point to a radical change in climate conditions in the Arctic zone. Expeditions report that scarcely any ice has been met with as far north as 81 degrees 29 minutes. Soundings to a depth of 3,100 meters showed the gulf stream still very warm ... Continue reading >>>

Bill Gates running deadly global “vaccine empire” that can only exist through extreme censorship Bill Gates – wannabe Dr. Death? (picture: NewsTarget.com) The reason why Microsoft co-founder and billionaire eugenicist Bill Gates is being given so much airtime amid the Wuhan coronavirus (COVID-19) crisis is because Gates is currently the world’s largest manufacturer of vaccines, as well as the money … Continue reading
Continue reading

German politician calls on facebook to abolish free speech
A German politician has given the clearest indication yet that the political elites of the free world are ideologically much closer to Adolf Hitler's National Socialists than the social liberalism they claim to support. Free speech is the basis of all liberal democracy. Heiko Maas, the German justice minister has has written to the Facebook it removes “xenophobic and racist” anti-migrant posts from its website and apps., has written to the company to demand an urgent review of its policy over hate messages.

Free Speech Is Being Murdered By The Media And Left Wing Authoritarianism Without free speech there is no democracy. Without democracy there is no freedom. But all over the developed world free speech is under attack from politically correct politics. It is time to start resisting, do not believe the propaganda published by mainstream media, question everything and make up your own mind. as The Buddha said, "Believe nothing you read or are told unless it agrees with your own experience and common sense."

Farage Reckless Facing Rabid Left Wing Fanatics
Following the defection to UKIP of Conservative MP Mark Reckless, who yesterday shocked the media and political establishment (everyone else knew it was on the cards.) by announcing his switch from con to Kipper from the podium at the closing session of UKIP's conference, the Kippers latest recruit and his new leader yesterday faced angry but ineffectual protests.

Obama administration ‘blocking' information from the press
Uncovering information that should be available to the public has become increasingly difficult under the presidency of Barack Obama, an Associated Press bureau chief says. In some cases, it surpasses the secrecy of the George W. Bush administration. The White House's penchant for secrecy does not just apply to the federal government, according to AP's Washington bureau chief, Sally Buzbee.

[ Free Speech murdered (omnibus) ] ... [ Technology Rules You ] ... [ Big Tech Tyranny ] ... [ ] [ Gooogle Surveillance Society ]

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German Government Admits Covid Vaccines Cause Serious Injury for One in 5,000 Doses – But its Own Data Show the Real Rate is One in 300 Doses

by Will Jones, Daily Sceptic, 21 July 2022

The German Government publicly acknowledged on Wednesday that the Covid vaccines cause serious side effects for one in every 5,000 doses.

A tweet from the Ministry of Health stated (via Google translate): “One in 5,000 people is affected by a serious side effect after a COVID19 #vaccination. If you suspect #sideeffects, get medical attention and report your symptoms to @PEI_Germany.” It later added a correction that the figure related to the reporting rate and to doses rather than individuals: “Correction: According to @PEI_Germany, the reporting rate for serious reactions is 0.2 reports per 1,000 vaccine doses.”

This is an unusual and welcome admission from a Government, and perhaps the beginning of governments properly acknowledging the scale of injuries caused by the novel Covid vaccines.

However, the one in 5,000 figure is certainly on the low side. The correction tweet clarified that it was a reporting rate of serious reactions, and it appears from the PEI website to refer to the rate of adverse event reports to the German equivalent of the Yellow Card and VAERS passive reporting systems. Assuming this is correct, then we might expect an under-reporting factor of around 10, meaning the true number of serious side-effects may be 10 times higher.

The Germans are actually very good at monitoring vaccine safety. In addition to their passive reporting system, the German medicines regulator, the PEI, runs an active vaccine safety monitoring app called SafeVac 2.0. The data from this monitoring tool were included in a Europe-wide report on vaccine safety published last month; they showed that 0.3% of vaccine recipients in Germany reported at least one serious adverse reaction to the first dose of the vaccine. ... Continue reading

 

Cancer expert says U.K. seeing spike in “non-covid deaths,” nobody willing to call out vaccine elephant in the room
Excess mortality in the United Kingdom is off the charts, and yet nobody is willing to call out Wuhan coronavirus (Covid-19) “vaccines” as the culprit. Cancer expert and Prof. Carl Heneghan describes the current situation in Great Britain as a “national scandal.” A shocking 9,300 more people than usual have died in the U.K. over the past several months, and officials are blaming everything else except the injections. Continue reading >>>

In A Fit Of Honesty Italian Institute Of Health Reduces Official COVID Death Toll By 97%
Italian newspaper Il Tempo has published a shock report, claiming that the country's Institute has reduced the official figure for the number of people who have died from COVID from 130,000 to under 4,000. This may surprise many people who bought into the "killer virus" narrative and unleashed torrents of pure hatred on those of us who declined vaccination, having studied the figure for reported "COVID related deaths," and the methodology used to arrive at that figure ... Continue reading >>>


A newly published study from researchers in Sweden reveals that the immunity to COVID gained from vaccination, is dissipated by natural biological processes within months. Immunity, although it would be more honestly called temporary respite, from Wuhan coronavirus (Covid-19) injections is short term at best, and completely gone within months, this confirming the doubts raised by vaccine sceptics (or Conspiracy Theorists as mainstream media likes to call us Continue reading >>>

Surge in Emergency Hospital Admissions from Vaccinated People Suffering Acute Organ FailureThe USA's taxpayer funded broadcaster National Public Radio (NPR) is claiming to be mystified by a siginficant increase in hospital emergency admissions across the United States but does not find the fact that these medical emergencies are all among people already vaccinated against COVID-19 and also all due to people experiencing symptoms consistent with the acknowledged side effects of the vaccines.
Continue reading >>>

Analyst Reports ‘Hundreds of Thousands’ of COVID Vaccine Injury Reports Backlogged in VAERSThe latest episode of “Doctors and Scientists” on CHD.TV, features regular host Brian Hooker, Ph.D., P.E., interviewing Jessica Rose, Ph.D., a Vaccine Adverse Event Reporting System (VAERS) analyst and computational biologist who specializes in biomathematics and molecular research. OK, I know this publication does not have much time for mathematical modelling, but that is because so much of it is obviously rigged to support propaganda narratives. We will always give an honest scientist a fair hearing even if we do not agree with their contribution to debate.
Continue reading >>>

Boris’ Government Trying To Bypass Parliament, Introduce Vaccine Passports By Back Door
We warned you this authoritarian government would not let the idea of vaccine passports go and here they are, reported by Summit News (well you didn't expect to see it in mainstream media did you?} tyring to bring in their wretched "Papers Please" legislation by the back door.

Vaccine shocker From Germany: "Out of ten autopsies, five deaths would be “very probably” linked to vaccines
A shocking report from respected German scientists claims out of 10 autopsies carried out on people who tested positive for COVID, five of the deaths were somehow linked to vaccines and the many observed side effects that occur soon after beople have been injected with COVID vaccine.

EXPLORE: [Daily Stirrer] ... [ Our Page on on Substack ]... [Boggart Aboad] ... [ Ian Thorpe at Quora ] ... [ Greenteeth Home ] ... [ Greenteeth on Minds.com ] ... [ Here Come The Russians ] ... [ Latest Posts ]

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1:52pm

Germany is at Russia’s mercy
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While Britain bakes in a heatwave, politicians in Germany are worrying about the winter. The Russian state-owned gas company Gazprom has notified its European customers that it can no longer guarantee the supply of fuel due to ‘extraordinary’ circumstances. In Berlin, politicians and regulators are preparing for an ice-cold Christmas, drawing up lists for rationing priorities and emergency plans to stop the population freezing.

Entertainment and frivolities will be the first things to go, while newspapers and medical production will be prioritised alongside households and hospitals. Mothballed coal power plants are being prepared for reactivation. Some local governments are planning to turn public buildings into ‘warming halls’ for those unable to heat their homes or turn off traffic lights, setting up ‘industrial-scale dormitories’.

The most heated debate is whether the government should prioritise residential consumption over the economy. While current plans aim to sacrifice economic output in favour of keeping homes warm, industry groups are pushing back, claiming a shutdown would be the ‘worst crisis since the second world war’. The charity Caritas has also come out against the plans, warning that gas is needed ‘to produce basic foodstuffs like milk and essential medicines’, and ‘blood reserves for the gravely injured’. One set of estimates reckoned a full shutdown would cost Germany 2 per cent of GDP and 400,000 jobs; another put the cost closer to 12 per cent of output.

Take a step back and appreciate the insanity of these paragraphs. A 21st century European country is warning households to prepare for rolling power cuts as the state attempts to keep the economy functioning without fuel. Housing associations are already rationing hot water and heating as prices rise; a full shut-down would be exponentially worse.

The Nord Stream 1 pipeline carrying gas from Russia to Germany is currently down for scheduled maintenance, with supplies scheduled to resume on Thursday. The concern in European capitals is that the tap won’t be turned back on. Prior to the shutdown, Gazprom had already cut flows significantly, claiming that the absence of a replacement turbine – held up by sanctions – was to blame. German sources rejected this claim, pointing out that the new part wasn’t intended for use until September. Instead, the disruption looks like a reminder: push us too far, and we will turn off the taps.


 

 

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Germany faces its greatest economic crisis since the Second World War, thanks to the unrelenting idiocy of our political and media classes.

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As EU energy ministers EU wait with bated breath to see if Russia restarts the pumps that pusg gas through the NordStream1 pipeline on after their 10 days downtime for scheduled maintenance on 22nd of this month, the European Commission, while publicly reiterating its committment to wind and solar as the future of electricity generation, has approved a 5.4 billion euro package for the research and development of hydrogen power.

Hydrogen is often wrongly hailed as the solution to “climate change” and carbon emissions (which are not a legitimate threat to the planet in any way, as shown by the NOAA's own temperature data and the mere 1 DEGREE Celsius rise in world temps in the past century).

Hydrogen is a notoriously difficult and expensive fuel to produce in terms of efficiency.  For hydrogen to be completely green, it must be produced by electrolyzing water, which splits into the H2 and O that its molecules of.  Hydrogen fuel cells consistently prove to be substandard and lose 30% their energy in the process of splitting H2 from Oxygen, on top of the 26% energy loss from transporting the electrolyzing water. Not looking good so far is it?

Why is EU leadership continuing to pursue fairy tale technologies when they have access to CO2 free energy production in the form of nuclear power?  While nuclear power is often demonized by environmentalists, it is an actual “zero emissions” source that is already developed and waiting to take over from coal and gas (fossil fuels.).  If they actually cared about an immediate reduction in carbon output, governments would stop wasting their time and taxpapers money on terribly inefficient windmill farms and dream technologies like hydrogen and focus on “clean” energy sources that are already proven.

Hydro electric power is great so long as the green lobby don't mind a few valleys being flooded, tidal barrages could be great if the green lobby were willing to sacrifice the habitat of an endangered species of two toed toad or something. And nuclear is great so long as we understand the difference in danger level between a nuclear power station fuel rod and weapons grade plutonium.

The main downside to nuclear power in reality is the cost, which is around $15 billion per plant.  But the EU has already spent $232 billion from 2014 to 2020 on climate change initiatives that have apparently been useless because they are still spreading hysteria about global warming to this day and are still having to burn coal and gas because their beloved windmills and solar panels have failed miserably to live up to expectations.  They could have built dozens of nuclear plants across Europe in that time and been done with it.    

But, they won't do that, because climate change movements are not about science, they are about ideology, and part of their ideology is about bringing down industry and undermining capitalism.  Nuclear power doesn't fit the image and works a little too well from industry's point of view, so, they ignore it. 

 

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"Our Country Is Facing The Biggest Crisis The Crisis We Ever Had": German Employers' Association Warns Over Russian Gas Cut
With the Nord Stream 1 pipeline closed for maintenance, with the possibility that President Putin will not allow it to reopen at the end of the scheduled 10 days downtime in retaliation for the EU's continued support or Ukraine in their conflict with Russia, Germany is facing an unprecedented crisis that could erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations.

Net Zero Is A Dangerous Fantasy, But Scientists Believe In Fairies It Seems
With oil and gas prices rocketing and the highly propted sustainable energy sources performing way befow expectations the energy crisis currently gripping Europe (with worse to come as food shortages start to bite, polticians still seem more intent on pandering to the green lobby and chasing the dream of a fossil fuel free world rather securing the energy and food supplies needed by the people they serve.

A Mostly Wind- & Solar-Powered US Economy Is A Dangerous Fantasy
When President Biden and other advocates of wind and solar generation speak, they appear to believe that the challenge posed is just a matter of currently having too much fossil fuel generation and not enough wind and solar; and therefore, accomplishing the transition to "net zero" will be a simple matter of building sufficient wind and solar facilities and having those facilities replace the current ones that use the fossil fuels.

Europe's biggest economy would suffer a 6.5pc contraction if Russian energy is suspended, experts warn 
Even though the sanctions already imposed on Russia in respondse to the invasion of Ukraine are hitting the nations that imposed then harder that their intended target, the EU is preparing to committ economic suicide in an orgy of virtue signalling ...

We need energy security – not Net Zero
Russia’s invasion of Ukraine has prompted a major rethink in the West. We have suddenly found ourselves vulnerable not just to rising prices in oil and gas, but also to inflation in other commodities – such as food and fertiliser. Of all these problems, the security of our energy supply has most exercised minds.

Net Zero Gone With The Wind - Boris Johnson Plans Seven New Nuclear Plants And Shelves Wind Expansion
Reports in mainstream media suggest Boris Johnson has done a U turn on his recently announced massive expansion of wind powered generating capacity. Sources in Westminster claim Boris has shelved his masterplan for a giant, floating wind farm in The North Sea and the government will reconsider plans to double or even treble the number of wind turbines in the countryside and approve plans for up to seven new nuclear reactors instead.

We The Good Guys Versus They The Bad Guys Reporting Does Not Make Sense For The Ukraine Crisis
Mainstream media reporting of the conflict in Ukraine has disappointed. Perhaps I was naive to suppose that lessons might have been learned from the hits their print sales and online traffic rates took as a result of their handling the COVID pandemic But instead of focusing on the most obviously newsworthy aspect of the build up to and escalation of the war, Russia’s view of NATO expansion into Ukraine and even further to Georgia and Kazakhstan, news reports have simply demonised Russia and portrayed Ukraine as the good guys.

Debunked: The Great Renewable Green Delusion
The war in Ukraine has not caused the global energy crisis of early 2022 byt merely exacerbated it. Currently the nations currently in conflict with Russia over its incursion into Ukraine are those which are most dependent for their energy needs on Russian oil and gas. And now their loonytoons 'net zero' green energy policies have failed they are biting the hand that feeds them.

Boris and Biden Can't Blame Ukraine War For Energy Crisis
With typical arrogance and condescension towards the people who elected them Boris Johnson, Joe Biden and their respectiive presstitutes are trying to spin the energy crisis Europe and North America are currently facing as somehow being linked to the conflict in Ukraine and therfore blame is being attactched to Russia and Vladimir Putin. Do they really think we are stupid enough to believe such unmitigated bollocks? ...

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While mainstream news reporting of the conflict in Ukraine continues to pump out a torrent of anri - Russia, pro - war propaganda the catastropic effects of this war that could so easily have been avoided are not mentioned. Well why would warmongering governments admit they have inflicted an energy crisis, food shortages and soaring living costs on their people for no good reason ...

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Ukraine War - west santions backfire

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What Isn't Being Talked About

Capitalist Exploits's Photo
by Capitalist Exploits
 

There is, of course, a LOT going on… and fast. This is both a time to really pay attention and also a time to ensure we do not get caught up in a panic making irrational decisions that hurt us later. For that one needs to step away from the fray and attempt to view things from a different perspective.

Before we dive in, I think it worth asking the question. What ISN’T being talked about and that is, of course, Taiwan. You’ll recall that I’ve always said that power abhors a vacuum, and the power vacuum being left by the US globally would be filled. It always happens. The catastrophically conducted withdrawal from Afghanistan really was the icing on the cake. It was a signal to American allies that America can’t be trusted. It was a signal to America’s foes that America was weak. Nobody was going to take America seriously again after that fiasco. And so here we are.

 

 

 

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BORIS Johnson is accusing Vladimir Putin of war crimes in the Ukraine after describing air strikes which have killed civilians and hit the Babi Yar Holocaust memorial as barbaric and indiscriminate. The International Criminal Court at The Hague is already considering an investigation into the Russian president’s liability.

Would Putin ever stand trial? Unlikely but not impossible. The ICC successfully went after Serb leaders for their acts during the war in Yugoslavia, forcing the country to hand them over under threat of sanctions after peace had been restored.

Russia, however, is not Serbia. It is too big to defeat by conventional means and has a huge nuclear arsenal whereas Serbia was primitively equipped only to fight a Balkan war. Post-Soviet Russia has rebuilt itself as a superpower under Putin. It has already been hit with some of the stiffest sanctions the West can muster.

Strangely, Nato countries including the US are still importing the Russian oil and gas on which they depend. No western politician has explained the morality of trading with an enemy in wartime although we all know the reason.

It’s unlikely anyway that Putin went to war without being certain that any sanctions could be weathered once President Biden had signalled that the US and Nato would not get involved in the fighting. Nato has sent arms but has refused to deploy troops in Ukraine or to make its airspace a no-fly zone for the Russian air force.

 In a sense, Johnson and the ICC are demanding victor’s justice before winning; we don’t know yet how the crisis will end.

Does Nato have any responsibility for what has happened? The answer is certainly yes. Biden could stop the fighting tomorrow and save Ukraine more suffering if he agreed to Putin’s demand for an East-West security settlement in central Europe which removed Nato from Russia’s western border. This is clear to ordinary people if not their leaders.

 If Putin is a war criminal, what about George W Bush and Tony Blair, who lied their way into an unprovoked war against Iraq? Presidents Obama and Sarkozy and UK prime minister David Cameron destroyed Libya at the behest of anti-Gaddafi rebels after he unwisely scrapped nuclear weapons.

These elective wars cost hundreds of thousands of casualties. Perversely the Libyan rebels were anti-western Islamists who later murdered an American ambassador.

 It appears that the western governments who created the ICC exempt themselves from accountability to its prosecutors, who sensibly recognise hypocrisy when they smell it and don’t ask.

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Germany Goes For Full Energy Policy Overhaul Amid Ukraine Crisis
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"Breadbasket Of World" Choked Off By Russian Invasion As Wheat Prices Soar

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Escobar: Follow The Money - How Russia Will Bypass Western Economic Warfare

https://www.zerohedge.com/geopolitical/escobar-follow-money-how-russia-will-bypass-western-economic-warfare

Tyler Durden's Photo
by Tyler Durden
Wednesday, Mar 02, 2022 - 03:45 AM

Authored by Pepe Escobar via The Cradle,

The US and EU are over-reaching on Russian sanctions. The end result could be the de-dollarization of the global economy and massive commodity shortages worldwide...

While politicians and media in the western 'democracies' have been playing "We the guys in white hats, they the guys in black hats over the kerfuffle between Russian and Ukraine the real war is being fought on a very different battlefield. BoJo and Biden the two circus clowns of the western alliance can bluster all they want, the fact is while public attention is diverted by propaganda form each side about the atrocities of the other in Ukraine, in the battle being fought in financial and commodity markets, Putin has the NATO alliance by the bollocks.

Prior to the outbreak of hostilities Europe was in the throes of an energy crisis due mainly to the folloy of green energy obsessions leading to energy policies which entailed reliance on unreliable and intermittent sources such as wind and solar farms, with the only fallback being imported oil and natural gas from Russia. The USA, while not in as bad a position as their European allies, are experiencing problems of their own with rising energy costs driving millions of homes into poverty.

On top of that, and a few days behind this blog it has to be said, mainstream media seems to be catching on to the fact that Russia and Ukraine are key suppliers of wheat, maize and food - oil crops, supplying around a third of the total wheat exported around the world. It's unlikely Ukrain will be producing its usual quantities of these essential foods, it's rather difficult to tend and harvest crops when the bombs and shells are falling on your fields and the majority of the workforce have been conscripted into the military. And Russia? As sanctions hit, either nations will be barred from buying Russian wheat by sanctions imposed on trade, or Russia will stop exporting wheat and its other crops in retaliation for the sanctions. Either way this will force up food prices and the overall cost of living.

And then there is the impending fertilizer crisis, again this blog reported a week ago that Russia produces around two thirds of the world's ammonium nitrate, the main ingredient in commercial fertilizers. Foreseeing the imposition of western sanctions the Russian government blocked all exports of Ammonium Nitrate early in February. This will result in vast reductions in crop yields, with a knock on effect on food availability and prices in the shopes of European and American towns.

In spite ofg all this, government economists and economics correspondents in the west are still insisting these NATO sanctions , particularly removing several Russian banks from the SWIFT international finance system and confiscating a few mansions and luxury yachts owned by oligarchs will  will “ruin Russia financially,” As this does not align with the view of our own economics experts, Phil T. Looker, we looked for any analysis of the situation that owed more to facts than to a desire to remain in the safety of the herd. Michael Hudson, co - author of a revised edition of the must-read critique of American economic bullying, Super-Imperialism: The Economic Strategy of American Empire. is one of the few economists to break ranks.

Hudson remarked how he is “simply numbed over the near-atomic escalation of the US.” On the confiscation of Russian foreign reserves and cut-off from SWIFT,observes he  the main point is “it will force Russia to put in a new system, with China. The result will end dollarization for good, as countries threatened with ‘democracy’ or displaying diplomatic independence will be afraid to use US banks.”

In reality there is no need to speculate on how quickly a new Russia-China payment system bypassing SWIFT, and combining the Russian SPFS (System for Transfer of Financial Messages) with the Chinese CIPS (Cross-Border Interbank Payment System), it is already in place. Hudson has no doubts “the Russian-China system will be expanded. The Global South, Africa where many nations are quietly supporting Putin and South East Asia where nobody wants to antagonise The Chinese, will seek to join and at the same time keep SWIFT – moving their reserves into the new system.”

This, Hudson says, leads us to “the great question: whether Europe and the Dollar Bloc will be able to buy raw materials controlled by Russia and China, not just food crops and fossil fuels but lithium, cobalt, palladium, rare earth metals etc, which are essential to high tech industries, particularlt the manufacture of batteries for electric cars which the powers that be have decided we must all be driving by the end of the decade and whether China will join Russia in a minerals boycott.” Again we see that western political and business leaders have not thought their policies through, while pursing a campaign of provoking Russia for the past ten years they have not given a moments consideration to the consequences of the confrontation the assiduously sought, hoping it would provide the pretext for recruiting Ukraine into the NATO alliance, thus continuing the encirclement of Russia.

Russia’s Central Bank has foreign bank assets  and gold which it can use to prop up the Rouble in curreny exchange markets and defend the economy. The ruble has plunged in western markets but Russia has plenty of buyers elsewhere for its commodities. There will be new trade routes via proxies. It is up to Russia to decide whether to sell its wheat to the west where customers will pay top price or Asia and Africa where it is needed; or to stop selling oil, gas and fertilizer to Europe and the USA. The problem is Russia has very little trade with the west apart from in the commodities mentioned here. Sanctions imposed so far do not prevent European nations buying Russian gas and oil. China and the Arab state will no doubt be happy to act as middlemen for other commodities and charge an enormous premium for receiving an invoice and sending out a new one.

The propaganda we are fed in western news may suggest Ukrainian resistance is thwarting Russian advances everywhere but in the real economic battlefield it looks like Russia is winning hands down.


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What they got instead was Russia’s deterrence forces bumped up to “a special regime of duty” – which means the Northern and Pacific fleets, the Long-Range Aviation Command, strategic bombers and the entire Russian nuclear apparatus on maximum alert.

One Pentagon general very quickly did the basic math on that, and mere minutes later, a Ukrainian delegation was dispatched to conduct negotiations with Russia in an undisclosed location in Gomel, Belarus.

Meanwhile, in the vassal realms, the German government was busy “setting limits to warmongers like Putin” – quite a rich undertaking considering that Berlin never set any such limits for western warmongers who bombed Yugoslavia, invaded Iraq, or destroyed Libya in complete violation of international law.

While openly proclaiming their desire to “stop the development of Russian industry,” damage its economy, and “ruin Russia” – echoing American edicts on Iraq, Iran, Syria, Libya, Cuba, Venezuela and others in the Global South – the Germans could not possibly recognize a new categorical imperative.

They were finally liberated from their WWII culpability complex by none other than Russian President Vladimir Putin. Germany is finally free to support and weaponize neo-Nazis out in the open all over again – now of the Ukrainian Azov battalion variety.

To get the hang of how these NATO sanctions will “ruin Russia,” I asked for the succinct analysis of one of the most competent economic minds on the planet, Michael Hudson, author, among others, of a revised edition of the must-read Super-Imperialism: The Economic Strategy of American Empire.

Hudson remarked how he is “simply numbed over the near-atomic escalation of the US.” On the confiscation of Russian foreign reserves and cut-off from SWIFT, the main point is “it will take some time for Russia to put in a new system, with China. The result will end dollarization for good, as countries threatened with ‘democracy’ or displaying diplomatic independence will be afraid to use US banks.”

This, Hudson says, leads us to “the great question: whether Europe and the Dollar Bloc can buy Russian raw materials – cobalt, palladium, etc, and whether China will join Russia in a minerals boycott.”

Hudson is adamant that “Russia’s Central Bank, of course, has foreign bank assets in order to intervene in exchange markets to defend its currency from fluctuations. The ruble has plunged. There will be new exchange rates. Yet it’s up to Russia to decide whether to sell its wheat to West Asia, that needs it; or to stop selling gas to Europe via Ukraine, now that the US can grab it.”

About the possible introduction of a new Russia-China payment system bypassing SWIFT, and combining the Russian SPFS (System for Transfer of Financial Messages) with the Chinese CIPS (Cross-Border Interbank Payment System), Hudson has no doubts “the Russian-China system will be implemented. The Global South will seek to join and at the same time keep SWIFT – moving their reserves into the new system.”

I’m going to de-dollarize myself

So the US itself, in another massive strategic blunder, will speed up de-dollarization. As the managing director of Bocom International Hong Hao told the Global Times, with energy trade between Europe and Russia de-dollarized, “that will be the beginning of the disintegration of dollar hegemony.”

It’s a refrain the US administration was quietly hearing last week from some of its own largest multinational banks, including notables like JPMorgan and Citigroup.

 

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Uninteded Consequences - How Sanctions On Russia Will Hit The West


Ammonium Nitrate mine - not an environmentally friendly industry (Picture: https://www.orica.com/

 

A few days ago we posted on the impact a full trade embargo on Russia if a full scale war was launched against Ukraine, crippling that nation economically and logistically. Few people realise how much of the world's wheat, corn and edible oil producing crops are produced on the vast fertile plains of those nations and loss of Ukranian and Russian grain and edible oil exports to many North African, Middle Eastern and South East Asian nations will in the medium term have just as great an impact as the loss of Russian gas suplies to some EU member states.

For the longer term however, there is an even greater problem.

Russia produces roughly two-thirds of the world’s ammonia nitrate. And in February this year the Russian government, aware of the direction in which US and NATO emboldening of the puppet regime in Kiev was inevitably leading, the government of Russia did this:

Russia introduces export ban on ammonium nitrate for two months — government – Business & Economy – TASS 

Russia imposed a temporary ban on ammonium nitrate export for two months, until April. The Kremlin's the press service released this statement:

“This is a temporary measure. The remaining volume can be exported from April , when Russian companies will receive the ammonium nitrate in required volume and the demand for it on the domestic market will pass peak values,” First Deputy Prime Minister Andrey Belousov said.

Ammonium nitrate, so what's the big deal if those ISIS goons can't make their IEDs for a while? you might well ask.

 Well OK, ammonium nitrate is used in explosives, both legitimately and by terrorists so the world (apart from Ukraine,) might be a slightly safer place for a while. However the main use of this chemical compound is in agriculture where it is an essential component of commercial fertilizers

 Usually sold in the form of pellets which are coated with clay the compound is probably the most important of all growing aids from food crops apart from water. The high nitrogen amount in this compound is the main reason why it is very popular in agriculture. Nitrogen is an important plant nutrient that assists in the metabolic processes and growth that the plant undergoes. But nitrogen is a gas so it must be put into the soil in captive form in order for the plant to absorb it.

 And if there is a shortage of commercial fertilizers it means food prices will inevitably go up. And they will go up a lot as crop yields are reduced. This is mega - important. Any economist will tell you that when food costs increase to exceed 30% of disposable income, protests, riots, civil unrest and possibly regime change become highly probable. We have seen it recently in  France where the Yellow Vests movement of 2018 and 2019 started as protests against rising fuel prices caused by President Macron's green energy policies, then expanded into riots over rising living costs and stagnant incomes.

There are deposits of Ammoinum Nitrate around the world, Australia, USA and Canada spring to mind, but as has become the norm. lobbying from the Green blob over environmental concerns has led to restrictions and taxes which make the industry economically unviable for operators in the developed nations. So once again Putin has us by the bollocks. 

It seems that while Dementia Joe Biden, Bumbling BoJo the Clown and the rest of the western leadership have been blustering about imposing ball - crushing sanctions on Russia if Putin dared to move against Ukraine, old Vlad was busy gtting his retaliation in first by banning exports of this vital substance until we have passed the point at which it can be any use for this years crops. Which means by next winter there will be widespread food shortages and spiralling cost increases on staple food products.

And if the USA, EU and the rest of the globalist alliance impose a trade embargo once this temporary ban is lifted, the problems will continue for longer.

Maybe not 2022, but at some point in the next few years we’re almost guaranteed a breakdown of law and order,  and maybe regime change in countries whichone would expect only political stability. We are already seeing it in Canada, and as mentioned above in France without any additional stirring from Vladimir Putin.

The message everybody needs to take on board is thatwe’re going to have a food crisis and resource nationalism as a substitute for armed conflict is going to become more popular than free fudge brownies.

Ammonium nitrate


Sticking with this part of the world..

Belarus bans transit of oil products, fertilisers from Lithuania

Belarus will ban oil and chemical products from crossing its territory from Lithuania, including fertilisers, in response to Lithuania’s decision to stop the transit of potash fertiliser from Belarus, the Belarusian foreign ministry said on Wednesday.

The ban comes into effect on Feb. 7, the ministry said, adding that the products in question amounted to 1.6 million tonnes a year, and were worth more than $1 billion.

Lithuania ceased transporting the potash, a major cash earner for Belarus, after the Vilnius government decided the transit goes against its national security interests.


Could it be that the market is waking up to what we’ve been hammering on about for two years now? That we’re going to have a food crisis and resource nationalism is going to become more popular than a “cancel Joe Rogan party” at Gavin Newsom’s place.

Here are two you should own if you don’t already:


 

Spanish Populists to Enter Government for First Time After Regional Deal

Leader of far-right Vox party in Castilla y Leon, Juan Garcia Gallardo gestures as he speaks during a press conference in Valladolid on February 14, 2022, a day after the results of the regional election. - Spain's far-right party Vox is posed to enter a regional government for the first …
CESAR MANSO/AFP via Getty Images
2:35

Spanish populist-conservative party VOX is set to enter government in Castile and León following a historic deal with the conservative People’s Party (PP) that will see VOX enter its first government in the party’s history.

Alfonso Fernández Mañueco, head of the PP in Castile and León, announced on Thursday that his party had come to a deal with VOX to form the next regional government, saying the parties had reached an agreement “that allows a stable and solid government with full respect for the constitutional order and the Statute of Autonomy of Castile and León.”

Juan García-Gallardo, who headed the VOX campaign in the region, confirmed the deal stating, “We celebrate today a sensible agreement, without winners or losers. Together, with a desire for dialogue and agreement, let us make a useful legislature for the citizens. Serving Castile and León must be our way of serving Spain.”

The agreement comes weeks after the regional election in Castile and León, which was held on February 13th and saw VOX surge from just a single regional seat with 5.5 per cent of the vote in the last election in 2019, to 17.6 per cent of the vote and 13 seats.

 

 

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