Hoping to change the weather has consequences, and so does printing lots of money:
In the UK they’re being told they might have to avoid using appliances at home from 2pm-8pm this winter and cook dinner after that (your circadian rhythm be damned). Who wants to tuck the kids in without a hot meal? Energy prices are so high pubs are already closing early. Nearly one in four households in the UK say they are planning to not turn heating on this winter because they can’t afford it (and that was before the latest shocking price rise). In a taste of things to come, people are starting to be admitted to hospital because their energy was cut off. The NHS is asking hospital staff to turn of equipment and lights and warns that care may even have to be rationed because of soaring energy bills. People with electric cars may be asked not to charge them til after everyone has cooked dinner. It’s complicated saving the world.
[DailyMail] Experts warn energy rationing this winter could see people told not to cook until after 8pm, pubs close at 9pm, ‘three-day-a-week’ school, care homes cancel outings for residents and swimming pools left unheated
The scale of energy rationing that may be required at home, in the NHS, schools, care homes, shops, pubs and on the streets of Britain because of surging energy prices and the threat of blackouts is laid bare today. Experts have told MailOnline there is ‘no escape’ for the 66million people in the UK who will be encouraged to cut their use of gas and electricity this winter and even turn off the lights when the wind drops.
Kathryn Porter, from consultancy Watt-Logic, fears that the crisis will cost lives…
The health boss has asked the national regulator for gas and electricity markets to reconsider the policy of disconnecting supplies as it will “save lives” this winter.
[DailyMail] NHS treatment may have to be rationed this winter because of ever-increasing energy bills, health bosses fear in the face of a mammoth backlog and crises in the A&E and ambulance sectors.
He [Rory Deighton, of the NHS Confederation] said the solution ‘will either have to be made up by fewer staff being employed, longer waiting times for care, or other areas of patient care being cut back’.
Analysts predict the health service will need at least another £4billion to account for spiralling costs.
That can’t be good: Germany’s industry is experiencing a “structural rupture”:
“It’s not good news,” German Economic Minister Robert Habeck said Wednesday of his country’s plight. “[I]t can mean that the industries in question aren’t just being restructured but are experiencing a rupture—a structural rupture, one that is happening under enormous pressure.”
This rupturing of industry is being felt across Europe. Europe’s already lost at least half its ammonia production and one-third of its nitrogen fertilizer production due to sky-high gas prices, according to industry analysts. Ammonia and nitrogen fertilizer are both derived from natural gas using the Haber-Bosch process.
Likewise, Reuters estimates roughly half of Europe’s aluminum and zinc smelters have shut down. Russia’s decision to once again halt gas supplies, this time for three days, will no doubt convince more factories big and small to shut their doors.
Benny Peiser, director of Net Zero Watch, is more pessimistic. He sees long-term de-industrialization as a serious risk …
Eurozone inflation hits new record, with Putin continuing to slash gas supplies to the Continent.
Prices are rising at the fastest rate since records began in 1997, piling pressure on the European Central Bank to continue raising interest rates at its meeting next week.
It’s like a team of obsessive compulsive scientists turned up to capture a magic show in slow-mo
They descended on Palmyra Atoll in 2009 and kept going for ten years, taking 1,500 photos across eighty plots of corals. They looked at all the living things on the ocean floor, and not just the hard corals, but the algae, the microalgae, and the turf. They followed plots where waves crashed and plots that were calm. Then they went through the photos with detailed digital-tracing and image analysis and tracked them — not just through one, but two full bleaching cycles and what they found was recovery. Stability!
Palmyra is an isolated atoll, 1,300 km south west of Hawaii, with a tiny population. It’s about as pristine as anything can get, unaffected by human pollution, except of course, for CO2 — that fertilizer from the sky which is everywhere. If it was a problem, this was a good place to find out.
In 2015 a savage pool of warm water arrived that bleached not just ten or twenty percent of the corals but blitzed right through ninety percent. It must have looked like a graveyard. But one year later, only 10% had actually died. Within two years the reef was restored to “pre-bleaching levels”. It’s almost like reefs have been doing this for millions of years. Like corals are the tropical weeds of the ocean?
Even the researchers can’t contain their relief. The study authors are describing it as a remarkable recovery, one which gives everyone hope. It’s couched in the qualifier that this happened in an untouched wilderness, and that reefs closer to fertilizers, fishing and man-made pollution don’t start from such a high point and aren’t as well equipped to deal with trouble. They may have a point, but the study puts a big hole in the idea that rising CO2 is killing coral reefs already. After all, the CO2 was there before, during and after the bleaching and getting higher every year — inasmuch as it caused death, it also caused recovery. The reefs were fine.
The most important point is that reef systems are resilient, and that bleaching is not necessarily a big deal.
The largest global coral-bleaching event ever documented struck the world’s oceans in 2014 and lasted until 2017. The onset of this abnormal whitening condition spawned widespread gloom-and-doom news reports about its calamitous effect on Australia’s Great Barrier Reef and more general predictions of coral reef extinction by 2050.
But a new 10-year study from Palmyra Atoll in the remote central Pacific Ocean shows that reefs outside the reach of local human impacts can recover from bleaching.
“One year after each bleaching event, we did see signs of coral decline at some of the sites, but within two years this was restored,” said Adi Khen, a Scripps Oceanography PhD candidate and lead author. The research team of current and former members in marine ecologist Jennifer E. Smith’s laboratory saw only a small net change in the reef’s coral and algae populations after a decade. Khen, Smith and four co-authors published their results in the journal Coral Reefs.
“During the warming event that occurred in 2015, we saw that up to 90% of the corals on Palmyra bleached but in the year following we saw less than 10% mortality,” Smith reported.
“I think most people are really fatigued and frankly kind of given up on the ability to do anything to save coral reefs or other marine ecosystems,” Smith said. “And so to have a case study where we can see that the reefs on Palmyra today probably looked the same way they did, you know, several decades ago or even a century ago. Even when it gets hit with a warm water event, there are impacts, but those species and the individuals that are there are able to recover really quickly.”
It’s a bit obsessive compulsive, but what good scientist isn’t?
They took 1,500 photos of the same reefs to keep track of the changes, and then someone had to squish them all together. 🙂
1,500 photos of the same reefs were taken to keep track of the changes.
The Witches and Warlocks of The Australian Academy of Science are worried. Even though the evidence is overwhelming and settled, climate denialism is spreading. This is particularly perplexing because climate believers have unlimited access and free advertising in the media, and millions of dollars in government support. Despite all that, Australians must be too stupid and badly educated to recognise the True Weather Prophets that live at the Martian Embassy in Canberra and so they have given up trying to persuade the idiot voters. The new genius plan is to get the tech Tyrants like Twitter and TikTok to shut down Australians who ask impertinent questions or talk about the solar wind, the 1809 Windsor Flood or the 1852 Fires and other blasphemies!
Thou Shalt Not Question the Sacred Guild of Science Heads!
I thought they might want a new logo to reflect their true heritage:
Thanks to Tony Thomas for putting on the Hazmat suit and wading through the brew of petty namecalling and mangled English of what once was a society of great scientists.
In a move unprecedented in the democratic world, the Australian Academy of Science is lobbying the tech giants Meta (Facebook), Twitter, Google, Microsoft, Apple, Adobe and TikTok to censor and harass any Australians who circulate what the Academy insultingly labels “climate denialism misinformation”.[1]
Get ready to be inoculated…
It wants the Big Tech giants to “inoculate” Australians against critics of alarmism by “actively promoting reliable, peer-reviewed and appropriately labelled material from trusted sources,” presumably the Academy and its followers. “These positive measures should be in addition to measures to reduce the spread of disinformation.”
The Orwellian agenda is in the Academy’s public submission to the tech giants’ 2022 review of the Australian Code of Practice on Misinformation and Disinformation.
The Code currently excludes professional news content that is published under a publicly available editorial code, except where a platform determines that specific instances fall within the scope of disinformation. However, some Australian news outlets are havens for climate science misinformation (Lowe, 2018) – so this exclusion undermines the ability of the Code to guard against such denialism.
This exclusion allows climate science denialism and other misinformation to flourish….
Which exclusion? That would be “Professional News Content”. The AAS wants to stop the free press from assailing its members with questions that make them look like pork chops. Won’t every industry want that? Coming soon, don’t question the PM?
And how do we determine what is professional news and what is climate denialism? Easy, the magic industrial filter of peer review. To get someone banned, all we need is for a left wing extremist academic to published a paper exposing some dark “haven” (their word, not mine). Then voila, the journalists in the haven can be declared an enemy of the clouds, or a threat to the pigeon-toed frog, and must be thrown in the dungeon. See how this works? We might as well throw people in a pond and see if they float? It’s quicker.
Once-upon a time the AAS had esteemed scientists. If there are any left they had better speak up while they still can. The Great Garth Paltridge has:
“I just cannot understand how any science academy that is supposed to operate through rational debate can behave like this – that is, to use pure political brute force to prevent one side of the argument from putting its case.”
SkyNews is clearly the main target now, but Tony Thomas presumes they have plenty of targets:
It’s curious that Rita Panahi is the only ornery Australian individual actually named in the Academies’ submission and citations. The major damage to the Academies’ catastrophism is being done by Andrew Bolt on Sky, Chris Kenny in TheAustralian, the Spectator (Australia), Joanne Nova’s world-ranked sceptic blog, the Institute of Public Affairs’ bulletins and speakers, Tim Blair’s blog for the Daily Telegraph (sadly, paywalled), Senators Malcolm Roberts and Pauline Hanson, the Nationals’ ex-Minister Matt Canavan and ex-PM Tony Abbott, famed for calling climate science “absolute crap” and likening climate scientists – presciently – as “thought police”.
All this sceptic output is re-cited and re-published on social media. Clearly the Academies would be delighted to see the media giants slapping “Misinformation!” and “Code Violation!” labels on it, cancelling accounts, as LinkedIn has being doing to US sceptics, and down-ranking the material to oblivion on search engines.
I defy the Academy of Witches and Warlocks of Science to define “climate denialism” in meaningful english — because it won’t turn out to be people who deny we have a climate will it? We all know that “climate deniers” are really the people that deny that a foreign UN committee, or a computer model has a hotline to God.
Anna-Maria Arabia
The head of The Science Academy is Anna-Maria Arabia, who spent five years advising Labor politicians, and has been calling for legislation to silence climate skeptics since 2011, so it’s not like she is a political animal with a bias dropped in to milk a brandname built over the last seven decades.
Dear 589 Fellows of the AAS: If it means anything to have a Fellowship, if you care about science at all, it’s time to find a backbone. Ms Arabia is using your work to push her own agenda.
In a surprise to no one, descendants of plants that survived 350 million years of climate extremes, volcanoes, meteor impacts, mass extinction events and ice ages seem able to cope with moderate modern weather. Not only that, places where the weather varied a lot in the 1960s are still like that, and the plants that liked those conditions still like those conditions. I mean, really, give me your money.
Does this mean we can protect forests of the future by creating climate variability now?
Close relatives of Ginkgo Biloba trees have been around for nearly 200 million years. | Photo Jean-Pol Grandmont |
A new study out today in the first issue of Environmental Research: Ecology assessed effects of past and current climate variability on global forest productivity. The work highlights sensitive regions where forests may be most at risk as the planet warms and temperatures become more extreme. The framework can help set conservation priorities, support forest adaptation efforts, and improve carbon accounting.
Lead author Winslow Hansen, a forest ecologist at Cary Institute of Ecosystem Studies, says that “global climate patterns are becoming increasingly variable. This means more extremes, which threaten forest health and productivity. They say adversity makes you stronger. Here, we were essentially testing that adage for trees. Are forested regions that experienced more variable conditions in the past better prepared to tolerate variable climate now and in the future?”
Get ready — places that used to have variable weather, still have variable weather, and the plants that live there tend to be the ones that don’t get killed by variable weather:
They found that regions where temperature was more variable in the past continue to experience more temperature variability today. Forests in these regions tend to better tolerate this increasing variability.
Hansen says that their “findings show that historic temperature variability casts legacy effects on current forest productivity. In places where historic temperature variability was 0.66°C greater than the global average, forests were 19x less sensitive to current temperature variability. This trend was true globally, with important distinctions among biomes.”
Someone needed a study to show this?
Meanwhile, in things we have known for decades: Sometime around 360 million years ago plants got very good at sucking CO2 out of the sky and they never looked back even though temperatures varied by 7 to 15 degrees Celsius. Tell the children…
Geocraft — Late Carboniferous to Early Permian time (315 mya — 270 mya) is the only time period in the last 600 million years when both atmospheric CO2 and temperatures were as low as they are today (Quaternary Period ). Temperature after C.R. Scotese. CO2 after R.A. Berner, 2001 (GEOCARB III)
REFERENCE
Winslow D Hansen et al, Global forests are influenced by the legacies of past inter-annual temperature variability, Environmental Research: Ecology (2022). DOI: 10.1088/2752-664X/ac6e4a
A new paper shows in Germany excess deaths seem to mysteriously hit the working age crowd harder than the old and the young in 2021, which defied the textbooks, and also broke the pattern set in 2020. The Delta variant arrived in 2021 with a higher mortality rate but that still doesn’t explain the strange age pattern. In 2020 Germany had about 30,000 deaths officially due Covid, which rose to 80,000 deaths in 2021. But something else was going on because Covid doesn’t hit working age people harder than senior citizens.
Viruses usually kill the very young or the very old, not the people in the middle.
This sort of actuarial data is notoriously complicated to unpack. But there is a clear rise in unexpected deaths at the same time as the medical experiments that also peaked in April, June, and December of 2021. As Kuhbandner and Reitzner point out, excess deaths appear to rise with the timing of vaccination doses, especially the first and the third.
Furthermore, peak vaccinations for the under 30s was delayed til June, which is when their excess deaths peaked
For most of the first year and a half of the pandemic the excess mortality in the youngest cohort aged 0-29 was so low it was negative. They died less often than expected. But their vaccination program didn’t peak until June 2021, which was the same month that excess death in young people rose to 13% higher than expected (see table 8.5 in the paper).
Wrapped under those numbers are the awful losses of people taken far too young. Of families with empty spaces that can’t be filled. Where are the government reports and the media grillings for starters?
This fits with data we saw from the UK in December last year
Strangely, the unvaccinated are more likely to die a couple of weeks after their cohort gets their first dose of the vaccine?
The Neil and Fenton study would still be my Go-To study for the cause-effect link. It was more detailed, had higher resolution data and could be analysed in ten year age-grouping. It had vaccination rates and dates for each group and on a high resolution weekly spacing where the lags after vaccination rates peaked were spookily clear. (Remember that in the UK data people don’t count as “vaccinated” until two weeks after their injection, and so we see the mortality peak hit the “unvaccinated” people hardest just after vaccinations peaked in their age group. It was kind of like a quantum entanglement effect in medicine.)
Most lamentably, what this really means is that the German data is just confirming what we’ve known all along now since before Christmas. Namely that there was something very risky potentially about that mass medical experiment. But the government hasn’t put a halt to it. The drugs were not withdrawn. Warnings were never issued and nobody even bothered to just raise a red flag and make sure everyone knew what happening.
Stillbirths up and fertility down?
For most of 2021 there were possibly 100 more stillbirths each month than might have been expected based on data from 2019 and 2020. There was a definition change in stillbirths data in Germany in 2018, so these are only three year trends — and a bit too short to be meaningful. It works out to about a 10% rise, but (thankfully) only a tiny fraction out of nearly 200,000 live births each month.
What’s more concerning is that total births fell by 15,000 or so in Quarter one of 2022, which would be nine months after the vaccination campaign began.
The UK “Price Cap” and forecast keep outdoing even the worse case scenarios, but finally the crisis is so calamitous that the UK Conservative Party are even talking of allowing fracking.
As the Wall Street Journal puts it: Household energy bills were expected to rise 40% this autumn, but on Friday the government regulator announced they’ll leap 80% in a single bound. (Who would have guessed that socialist price fixing would fail to cap the price?)
The current energy costs have just risen again, now “capped” at £3,549 per household, a horrible $4,200 USD or $6,000 Australian. But the future cap is headed for the mesosphere boundary layer at a shocking £7,000 by April. It’s so blisteringly bad that it’s being described as “worse than the GFC” in terms of its impact. It’s so bad, two out of every three Pubs say they are likely to close this winter, with the “monster hikes” to energy prices. That’s despite the Christmas season rush, and hopes that it will be finally free of Covid restrictions. The whole social care system is using the word “collapse” given that the price of a care bed will rise by seven fold thus wiping out their profit margins. It’s only a half a million bed industry…
At this rate there are estimates “half of British households could slip into energy poverty ” in less than six months. (Presumably someone will have to change the definition of “poverty” or it will be a real crisis.)
UPDATE:Things are finally so bad that the PM-in-waiting, Liz Truss, has said she will lift the Fracking Ban. Wow. It’s probably not a coincidence it happened on the same day the shocking new price rises were announced. One fracking company even say they could be pumping gas by January (if given a license immediately). But this move could signify hope that the NetZero serpent will lose some venom. If the UK starts fracking soon and discovers that houses don’t collapse in earthquakes and there are no rivers of fire, it will be impossible to put this genie back in the bottle.
The Quickening is here. Things are suddenly already at the point of second level consequences where the whole of the economy starts to unravel. There is now an expectation that small businesses will go bankrupt over winter so that means the energy companies are demanding small businesses pay steep deposits in advance for energy, which will break some of those businesses sooner.
And that’s merely what households will spend directly on energy. Britain is also in the grip of an energy-price crisis for businesses, whose rates aren’t subject to a cap. Some small businesses report they can’t get any utility to supply them without paying a steep deposit up front, because energy companies are concerned that high prices will push more small firms into insolvency.
To adapt Hemingway, net zero drives you bankrupt gradually, then suddenly.
Worse than the GFC:
UK Household Energy Bills Will Triple On New Price Cap
“The impact to society will be higher than the 2008 crash in terms of the impact on households,” James Cooper, partner at consultancy Baringa, told Bloomberg a day before the Ofgem announcement. “We’re now moving into territory where a majority of households are placed into debt or a very fragile financial position.”
Earlier this week, French utility EDF warned that as many as half of British households could slip into energy poverty by the start of 2023.
All profit margins in the care sector are wiped out by energy price increase which makes the 450,000 bed industry “insolvent”. Presumably these sort of calculations apply to many industries and prices will rise accordingly. Energy inflation will become CPI inflation:
The entire social care sector faces collapse in the wake of soaring energy bills with the cost of running care homes rising tenfold, experts warned.
The chief executive of Care England said providers faced a staggering 683 per cent increase in energy costs during the past 12 months, with bills expected to rise again early next year. For gas and electricity, the costs were £660 per bed, per year, this time last year; this week, care providers have to pay an astonishing £5,166.
With research from the Centre for Health and the Public Interest (CHPI) estimating the sector’s total pre-pandemic profits before tax, rent payments, directors’ remuneration and repayments on loans at £1.5bn per year, and the rise in energy prices will eradicate profit marginsgenerated across the sector, driving many providers into insolvency and eliminating scope for investment.
Liz Truss will end the ban on fracking as part of a plan to make the UK an ‘energy-secure dynamo’, she writes in the Daily Mail today. The Foreign Secretary said Britain cannot be ‘held hostage’ by authoritarian regimes and must end its reliance on foreign imports within a decade.
She pledged to win the support of local communities for fracking by ‘ensuring’ they see the benefits, and said new projects will only go ahead if there is a ‘clear public consensus’ in their favour.
It came as one fracking company in the North of England claimed, in a letter to the Treasury, that it would be likely to be able to inject shale gas into the energy market by January if it were granted a licence immediately.
Support for fracking has grown as soaring gas prices have hit household budgets, with Tory members voicing their support for new drillings in leadership hustings.
A mining engineer, speaking at the hustings in Manchester, said: ‘You cannot run, you cannot grow, you cannot progress a modern economy without a secure supply of cheap, abundant, readily available energy. ‘Right below our feet is the largest energy bonanza this country has ever discovered, bigger than coal and bigger than the North Sea.’
Most of the other solutions on offer by UK politicians involve printing more money, not finding more energy:
Mr Zahawi [UK Chancellor of the Exchequer] has drawn up a menu of options for the next Prime Minister amid calls from Ofgem for urgent help. Options under consideration include freezing the price cap as suggested by Labour, increasing benefits, handing extra support to small businesses and a loan scheme for suppliers that could shave £500 off bills.
As we discussed a few days ago, printing money from nothing is what got us into trouble in the first place, creating inflation, feeding sharks and corruption and punishing prudent savers.
The Government can “cap prices” but someone somewhere always has to pay the bill.
As the bad news piles up about vaccines, the people who pushed them relentlessly are preparing their exit route. If and when the moment comes to throw the saintly-vaccines under a bus, the side effects and high risk injections will be all Trump’s fault. He rushed them, and pressured them. Distorted the science.
The FDA needs excuses to cover their appalling misjudgment and corruption and Trump is the perfect “get-out-of-jail” card. (Apart from 300 million people who remember Biden saying the vaccines were safe.)
Good-vaccine was Biden’s work. Bad-vaccine is Trump’s failure.
The Trump administration pressured the Food and Drug Administration, including former FDA Commissioner Stephen Hahn,to authorize unproven treatments for Covid-19 and the first Covid-19 vaccines on an accelerated timeline, according to a report released Wednesdayby Democrats on the House Select Subcommittee on the Coronavirus Crisis.
Senior Trump administration officials fought for the reauthorization of hydroxychloroquine…
“The Select Subcommittee’s findings that Trump White House officials deliberately and repeatedly sought to bend FDA’s scientific work on coronavirus treatments and vaccines to the White House’s political will are yet another example of how the prior Administration prioritized politics over public health,” House Majority Whip Jim Clyburn (D-S.C.), who also chairs the subcommittee, said in a statement.
This narrative is used as another reminder that all cheap antivirals are bad, bad, bad, and early treatment only works with custom designer drugs that also happen to be protected by patents. I’m sure Big Pfizer is happy with this angle. The old vaccines would have been good if only Trump had not rushed them, but repeat after me girls and boys, the new vaccine is 100% safe and effective.
When government bureaucracies need to legally force “public confidence” in themselves over patient health, we know the health system is already so decrepit, dishonorable and corrupted no one should have any confidence in it at all.
So if a doctor raises any concerns about government health policy they will be undermining “confidence”?
TO: The Honourable the Speaker and Members of the Legislative Assembly of Queensland
Queensland citizens draws to the attention of the House the threat of Health Practitioner Regulation National Law and Other Legislation Amendment Bill 2022 (Reference No. 2) is that it seeks to make “public confidence in health services” as the paramount principle of all our healthcare. This is a radical departure from the previously well-established and respected principle of patient-centred care. The RACGP and AMA have expressed concerns over this refocusing of healthcare, and professional indemnity insurance companies like MIGA and the Insurance Council of Australia have agreed that the term ‘public confidence’ lacks a clear definition and scope and have raised concerns about how courts and tribunals would interpret the term. The Queensland People argues strongly that the passing of this legislation will end the practice of medicine as we know it and will result in the death of informed consent, medical ethics, and the very lives of many Queenslanders and Australians.
Your petitioners, therefore, request the House to vote against the bill lest all our medical freedoms are eroded and unimaginable patient harm occurs to you or your loved ones.
The only “public confidence” that is worth anything is that which is earned and given freely. h/t another Ian
The Queensland government will allow unvaccinated teachers to return to work, but at a lower pay rate for 18 weeks. It has also sent them nasty letters to make sure they feel intimidated. There are only so many words for vindictive, spiteful tyrants.
Do the vaccinated realize that this will bite them soon too? Once bureaucrats can inflict penalties retrospectively, capriciously and with no possible reasoning (they don’t even try) — then anyone can be the next victim.
What’s happening to the unvaxxed Queensland teachers is the opening salvo in a Beijing-style ‘social credit’ system in Australia.
The govt is pointlessly persecuting a minority to enforce conformity. https://t.co/y03tR08oGI
Meanwhile, the CDC says you can’t have the new omicron vaccine unless you take the old out-of-date vaccine first
Not that anyone is hankering to try another round of medical experiments, but in what immunological world does that make sense… The old vaccines prime immune systems to respond to a virus that hasn’t been seen for 18 months. Using an out-of-date vaccine increases the risk of Original Antigenic Sin and Antibody Dependent Enhancement where our bodies make antibodies that aren’t as effective or which help the virus infect our cells. It’s playing with immunological fire.
It’s so stupid it’s getting spooky. Here’s the CDC:
Newly updated Covid booster shots designed to target omicron’s BA.5 subvariant should be available within in the next three weeks. That begs an important question: Who’s going to be eligible to get them?
The short answer: anyone ages 12 and up who has completed a primary vaccination series, a Centers for Disease Control and Prevention spokesperson tells CNBC Make It. It’s unlikely to matter whether you’ve received any other booster doses or not before, the spokesperson says — but if you’re unvaccinated, you won’t be eligible for the updated formula until you complete a primary series with the existing Covid vaccines.
It’s like their main aim is to clear the superseded floor stock, or make more sales for Mr Pfizer, not your health.
Or are they really afraid there are still people around who can act as a control group?
The rise of the tech giant billionaires, the crime, corruption, wokery, war, inflation, climate witchcraft, and the Big-Pharma reckless experiment — is all made possible by the same thing, and it’s been coming for fifty years.
Everyone under 40 has lived their entire lives in the fairy-land-of-plenty borrowed from the future. But all bubbles come to an end.
The rot started with a corrupted currency, and now infects every corner of the world — weakening markets and minds and concentrating power obscenely. When our medium of exchange is undisciplined, everything else is too. There is injustice built right in to Fake IOU’s made from thin air — especially when some can borrow big and early and at low cost, while others have to wait to earn them slowly an hour at a time. In the inflation race, speed is everything. They devalue the incentives that drive people to make things better, faster, and stronger. It punishes the prudent hardworking savers, and feeds speculative greed.
This is what BlackRock’s influence came from, and Gates, Zuckerberg, Dorsey, and the WEF. All of them rode the wave of easy money and easy loans. Through predatory purchases on credit, they were able to buy out competitors or grind them down. What’s left are mega-glomerates of media, pharmaceuticals, and a sea of dark influence so vast that BlackRock commands more money than the GDP of every country bar China and the US, and Bill and Melinda Gates are the second largest “nation” funding the World Health Organization. The New Oligarchs speak with forked tongues, then crush the people who complain.
This is a graph of the US “money base” — the supply of US dollars created by the US Federal Reserve since 1960. Those base dollars are then amplified by the commercial banking system, by a factor of ten or twenty. We could label the left axis “The Global Crazy Index” and it would look just the same. Funny money feeds crazy behaviour.
The supply of money just keeps growing. We’ve been leading up to this corruption crisis since 1971 | St Louis Fed
The galactic bubbles in wokery, inflation, crime, and corruption need money to levitate above reality, so it’s no surprise that the more free money there is, the more crazy the world gets. Governments only get absurdly obese when they get access to new cream-puff-dollars created out of thin air. If western governments were stuck with just taxing the voters they wouldn’t get away with bloated welfare and bloated bureaucrats. The current everything-bubble started in 1982, after the previous inflation was wrung out of the US economy. But the signs of trouble were there in the seventies.
To fight this dark bubble, I could use your help. Thank you.
________________________________________________
1971 was the tipping point where all the trends bent
Many of these graphs don’t include the last year, so things may be even worse than they look in the rear view mirror…
This fall of Rome type stuff.
The USA was intrinsically wealthier until the end of the 1950s. Then its gold was quietly frittered away for $36 an ounce. By the late 1960s, France and others realized the fixed price of gold was absurdly low and called the bluff, asking for delivery of the gold instead of the dollar. At that point the game was up, and it all came to a crunching end in 1971. The US just didn’t have enough gold left, and President Nixon suspended the fixed price deal, and the world was then on a purely paper currency. Starting in 1971, the US dollar — and every other official currency — was no longer backed by anything. Without the constraint of needing to buy more gold bars, the printers at the US Federal Reserve were free to unleash as many dollars as they could get away with. Free money — printed in paper and then with binary code in bank accounts began to blink into existence, and so did inflation.
US Gold holdings. The wealth of a nation.
Dollars are just another commodity, where supply and demand matter
Growth of money supply = inflation:
Inflation as measured by Campbells Soup.
To put things in proportion — this is The American Century. This is also a graph made in Feb 2020.
Federal Debt as a percentage of GDP
There was still inflation on the Gold Standard, but nothing like what followed:
https://wtfhappenedin1971.com/
Income inequality goes hand in hand with inflation
The left rail indignantly against income inequality but apparently don’t have any idea what causes it. Inflation is the invisible thief that steals from the poor and gives to the rich. The elite Chosen Ones get fast access to new “free money” while the workers have to earn it at yesterday’s hourly wage rate. The social pain that arises from extreme income inequality is a direct consequence of Reserve Bank policies.
If only the Occupy crowd could figure it out.
…
The criminals followed the money:
Incarceration rate, long term trend.
Lo and verily the lawyers did too:
There is no free lunch and no free houses either
Printing fiat dollars didn’t print more houses, but it did make housing less affordable — as real productivity ground to a halt, and cushy luxuries and inefficiencies bled through the system. It now takes a much larger slice of household income to buy a house than it did in 1971. Houses are bigger, true, but blocks are smaller, and now it takes two incomes and years longer to pay it off.
…
Are those kids still at home? When housing and cost of living becomes unaffordable, where else are they going to go?
So much of our life’s track depends on the luck or lack thereof, of where we are born in the boom and bust cycle:
Percentage of young adults still living at home. Graph.
Prices back in 1971:
1971 Prices.
The power of single men like Larry Fink to control national energy policy with the bizarre aim of “changing the weather” could only happen in fantasy booms created by bubbles.
The reckless and corrupt thrive on the easy money wave. And the world’s reserve currency, the US dollar, has been undisciplined and corroding for decades. The free ride on easy borrowed money has fed the corrupt oligarchs, the hedge fund takeovers, the super multinational conglomerates, the tech giants, and the wars. It is as it always has been.
The question is not whether the bubble will collapse, but how much it will take with it in the process.
Blistering high prices flow through the interconnectors too.
The energy price cap in the UK is now predicted to reach the £6,552 in April. Pretty soon only the Royal family will be able to afford electricity. If this continues, inflation in the UK may hit 18% by January.
As Javier Blas says: Day-ahead electricity prices in Europe are eye-watering, with lots of countries setting record highs for today. Notable to see the Nordics close to €400 per MWh, and Germany at €600. Before 2020, anything above €75-100 was considered expensive
It doesn’t matter who has the wind turbines, and who has the coal or nuclear power, everyone connected to junk generators gets expensive electricity. Denmark has more “free” wind power than nearly anywhere in the world but they are still paying €600+.
Meanwhile the German Energy Minister has decided he really should close the last three nuclear plants. Apparently it would only save 4% of their total gas bills, he says, not the 15% they need — like turning down a jerry can of fuel because it won’t fill the whole tank. I guess he’s not the one having cold showers.
Imagine how different it would be if low carbon fuel sources could actually save the world?
All the countries around Germany are feeling burned:
Andreas Kluth, Bloomberg: The EU’s eastern members, from Poland to Romania and Slovakia, are especially annoyed. They spent decades urging Germany not to make itself dependent on Russian gas and vulnerable to Putin’s blackmail. The Germans either ignored them or smugly lectured them on Kremlinology, refusing to acknowledge any connection between their policies on Russia, gas and fission.
Let’s hope it’s just a cult, and not a plan:
What many foreigners don’t appreciate, however, is that the German controversy is less a policy debate than a religious war — not unlike the American debates about guns or abortion, say. Many Germans have spent their entire lives protesting against the splitting of atoms.
Meanwhile gas is setting new price records (again)
It sure has that historic-international-crisis feeling:
“‘The nervousness of the market appears to increase day by day as we edge closer to winter delivery, now just five weeks away, and no big positive news on the horizon,’ Auxilione said.”
“A spokesperson for the Department for Business, Energy and Industrial Strategy said the UK has ‘one of the most reliable and diverse energy systems in the world’.”
While limp conservative parties in Europe, the UK, Canada, New Zealand, and Australia paint themselves green and pick up the cross of Marxist ‘struggle’, DeSantis rests on the premise that fighting for traditional values is right – presently, historically, and for the future.
On stopping the Woke wave in schools:
If an eco-cult entered the classroom and began telling children that they were ‘all about to die in a fiery apocalypse!’ because their parents engage in a capitalist economy – persisting with their preaching until those children were literally in tears, gluing themselves to the street, and developing severe mental illnesses due to the terror – well, oh. Okay, bad example.
No matter how much the activist class complain, it is Ron DeSantis who receives standing ovations and the support of fed-up parents. His Stop the Wrongs to Our Kids and Employees Bill cleverly acronymed to Stop WOKE has infuriated Marxists because it prevents them from telling children they are ‘victims’ or ‘oppressors’ based on their skin colour, or inherently ‘sexist’ because they are boys.
It outlaws teachers suggesting that people are:
‘Inherently racist, sexist, or oppressive, whether consciously or unconsciously; that people are privileged or oppressed based on race, gender, or national origin; or that a person “bears personal responsibility for and must feel guilt, anguish, or other forms of psychological distress” over actions committed in the past by members of the same race, gender, or national origin. The law defines such training as discrimination.’
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In the UK they’re being told they might have to avoid using appliances at home from 2pm-8pm this winter and cook dinner after that (your circadian rhythm be damned). Who wants to tuck the kids in without a hot meal? Energy prices are so high pubs are already closing early. Nearly one in four households in the UK say they are planning to not turn heating on this winter because they can’t afford it (and that was before the latest shocking price rise). In a taste of things to come, people are starting to be admitted to hospital because their energy was cut off. The NHS is asking hospital staff to turn of equipment and lights and warns that care may even have to be rationed because of soaring energy bills. People with electric cars may be asked not to charge them til after everyone has cooked dinner. It’s complicated saving the world.
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