Debt Rattle September 1 2022
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Frank Walton Crows on a beach 1884 • Era of Fake Money is Gone – Egon von Greyerz (USAW) • Europeans Face Mass Poverty – Expert (RT) • European
[See the full post at: Debt Rattle September 1 2022]German FM: I will put Ukraine first “no matter what my German voters think” or how hard their life gets. pic.twitter.com/GwAqIZ2jL7
— Ignorance, the root and stem of all evil (@ivan_8848) August 31, 2022
Greg Hunter’s guest, Egon von Greyerz was utterly wrong when he said the money-printing wasn’t exponential between 1971 and 2019. Of course it was!
But never mind, he’s right in that it is now hyper-exponential. And he’s quite right that economic growth is over.
That’s really bad when you’re running a global Ponzi scheme.
Ha! That was a good joke by the German FM about politicians being ‘democratic’ !!!!
It would be hilarious, but for the fact that we are not members of ‘the Big Club’ that she is in, the one that is totally screwing us.
Special report: Ukrainian commando raid to seize the nuclear power station and take international inspectors as hostages!
Intercepted, but not resolved, so an ongoing crisis.
New Zealand based consulting engineer Bryan Leyland acquired an unenviable reputation for being a prize wanker and ‘idiot’ -he was actually shouted down by the group at the University of Auckland technical analysis forums, for his unending support for ‘Clean Coal’ (obviously on someone’s payroll).
So it’s good that he has recently said something sensible about the impracticability of electric car charging.
University students shouting down a lecturer. That happened to Jordan Peterson at Queens.
I didn’t know one was a wanker and idiot because some ignorant students won’t allowing him to express his opinions. Were the students wearing brown shirts?
This was the reason I quit Naked Capitalism. Back in 2016 they were in favour of shouting down Trump. In a typical hypocritical leftest way, NC was saying Trump shouldn’t be allowed to campaign. They were pretending that shouting down was their expression of free speech! I get to shout at you but you don’t get to say anything. That’s free speech? More like the initial sign of Cancel Culture.
Sooner or later a liberal will always show his true colour. But to talk about college students – the most brainwashed people on the planet – like their thoughts and actions matter? That is too much.
@EoinW: well said.
RIM said
German FM: I will put Ukraine first “no matter what my German voters think” or how hard their life gets.
Because he knows that Germany is not a democracy, it is an oligarchy and he has bosses to please.
Last night’s late comments were good again, and Sigmund Freud was able to copy and paste the FORBIDDEN 403 Strategic Culture article by Alastair Crooke. I read it, and this seemed important:
“The present gas crisis has its origins in the Chinese-driven surge in gas consumption during 2021. Demand grew so rapidly that it was only available for European and Asian purchase at very high prices.”Now totally convinced that Afewknowthetruth is a bot or a paid commenter. Kind of complimentary if paid, TAE has made it to the big time, as in deflationista 2, but I suspect it is a bot.
The Great Work From Home Swindle is entering the next phase. The soul destroying (for many) no frills office experience / commute could be back on the cards for winter, as daylight shortens and anxiety heightens. All part of the breaking down and conditioning process. pic.twitter.com/Wjl6SCRHAB
— NoRisk_NoReward (@noreward_norisk) August 31, 2022
AFKTT constantly creates new human content, with a consistent “voice” and with very good information depth.
People can have strong, expert views, but they are ultimately human, and nobody can be “right” or even “expert” on every single thing.Rising energy prices could lead to mass impoverishment in the EU, Professor at the University of Liege in Belgium Damien Ernst told French news site Atlantico on Monday. He warned there is no indication that the situation will improve after this winter.
Another paid academic encouraging the people to believe the government and pretending that there is no solution to this problem which the government created.
He was in fantastic shape, up until he wasn’t.
No reason, he just died. Cause of death, well, it just happened.
Mountain biker Rab Wardell dies just two days after winning Scottish championship
” Mountain biker Rab Wardell has died just two days after winning the Scottish championship.
The 37-year-old tragically died in his sleep overnight, it has been confirmed. Wardell, who lived in Glasgow, won the elite men’s title at the Scottish MTB XC Championships in Dumfries and Galloway at the weekend.”
TAE is shinning the light on important observations that our rulers don’t want us to know about.
——–You cannot buy any energy, at any price, if it does not exist.
Gazprom stopped gas supplies to Europe’s Nord Stream 1 pipeline earlier on Wednesday for maintenance. The company also said it had suspended gas flows to French gas company Engie “due to failure to pay for July supplies in full.”
Unless there are technical setbacks, the gas flow will be resumed on September 3, with supply volumes restored to 33 million cubic meters per day, or roughly 20% of the pipeline’s full capacity.The buyers want to tell the suppliers that they will not pay more than XXX for energy.
Hahahha
German Finance Minister Christian Lindner sent a message to his EU colleagues that Berlin was open to considering a price ceiling on natural gas in the emergency meeting of EU Energy Ministers on September 9.
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Russia wants “paid in rubles”.
How do you get a supply of rubles?
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• German Companies Shutting Down In Response To Record Energy Prices (ZH)
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Who bought … who sold …. with Guns? … with ??? in a foreign bank account? …
• Ukraine: Somewhere between Afghanization and Syrianization (Escobar)Ukraine – has already been plundered anyway, as Monsanto, Cargill and Dupont have already bagged 17 million hectares of prime, fertile arable land – over half of what Ukraine still possesses.
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Yet such is the power of belief on an already stupefied majority western population that it’s become factual.
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Fraud. The only infrastructure still in place in Ukraine.• Ukrainian Officials Accused Of Stealing Trainloads Of Aid (RT)
The total volume of what was stolen amounts to 22 sea transport containers, 389 freight train cars and 220 trucks, Shevchenko claimed. The activist named several senior officials in Zaporozhye Region as suspects and shamed them for posing as Ukrainian patriots while profiting at the expense of the country.
————The exchanges last night about growing and sustaining human populations over the last 300 years were thoughtful and instructive. It has been a long climb up to our current populations. The case of English food provision to grow English population was very well detailed, but the way down is always different from the way up.
We are each and all so extremely dependent upon the electrical grid in order to keep living. Without it there is no communication, no food distribution, probably no city water and city gas almost anywhere, no internet, no economic coordination, nothing…
One of the very big threats to any country, and to the world is a nuclear EMP (electromagnetic pulse) device, detonated about 50 miles up. It burns out the electrical grid and wires below, a manmade “Carrington Event”. The “Starfish Prime” test, 250 miles up, knocked out streetlights in Hawaii, over 900 miles away, accidentally.
https://en.wikipedia.org/wiki/Starfish_Prime
All nuclear powers have devices like this, some of the easiest to use, since they don’t need to re-enter the atmosphere. North Korea presumably has these.The Empire of Lies life expectancy continued to slide in 2021.
According to provisional data from the National Center for Health Statistics released on Aug. 31,
life expectancy dropped by 0.9 years in 2021.Dropped almost a YEAR in one year in Duh-merica, sweet!
Craptastic!
Leading to a total decrease of about 2.7 years between 2019 and 2021—the largest two-year decline in a century.
Meanwhile in the Land of the Rising Sun
The current life expectancy for Japan in 2022 is 84.91 years, a 0.14% increase from 2021.
The life expectancy for Japan in 2021 was 84.79 years, a 0.14% increase from 2020.
The life expectancy for Japan in 2020 was 84.67 years, a 0.14% increase from 2019.
The life expectancy for Japan in 2019 was 84.55 years, a 0.14% increase from 2018.The MediaWhores will spin this as Japanese faces a demographic crisis because people live to long.
The MediaWhores will spin the Empire of Lies decreasing life span as a blessing, we don’t have to pay out benifits for that long, we’re WINNERS!
Update
https://www.rt.com/russia/561943-ukrainian-troops-seize-zaporozhye-nuclear-plant/
Ukraine launches raid near Zaporozhye nuclear plant – Russia
Two commando groups landed nearby while amphibious teams were intercepted en route, Moscow has saidhttps://www.rt.com/russia/561967-ukraine-troops-captured-zaporozhye/
Ukrainian troops captured during raid on nuclear plant – official
Three soldiers involved in an attempt to storm the Zaporozhye facility were taken alive, a local administration official has saidThe life expectancy for someone born in 2021 was 76.1 years, down from 77 years in 2020.
The decline was greater for men than for women; the life expectancy for males was 73.2 years, down an entire year from 2020, and 79.1 for females, a 0.8 year loss.
Japan life expectancy 84.91 years and rising
Empire of Lies life expectancy 76.1 years and falling
Wait until Jo-bama hands out FREE Fentanyl
Where is Kamala? I don’t watch TV, but just realized I haven’t seen her in a clip or headline in awhile now. Wth with this political environment. Things are more than just a half a bubble off. Looking at you Joe Biden with his recent statement that there is no room for “defund the police, defund the FBI”. Huh? What? Dems advocated defund the police month after month after month starting in 2020. Cognitive dissonance? That seems an understatement. Do these people (not just biden, who obviously has no idea what he says from one minute to the next) … but, you know, non-demented people … do they not remember what they said just yesterday? It’s incredibly confusing.
John Day said
We are each and all so extremely dependent upon the electrical grid in order to keep living. Without it there is no communication
Communication does not travel down the electrical grid, communication travels mostly via satelite. As for dependence on the grid, should we not be using green power instead of a grid, such as solar panels? As a believer in solar panels who needs a power grid? You will just connect to the web when the sun comes up, or, completely destroy some third world country and build yourself a battery.
That Military Summary video about the Russians getting out of the power plant for the IAEA inspectors, and the Ukrainian commandos staging an assault, perhaps to use the inspectors as hostages, has to be the lead-story today.
Importantly, something like this can change the signals that people all over the world receive, as did the Iran-Hostage-Crisis in the US. Just as the EU pivoted off “Green” for “Ukraine War”, they can pivot off “Ukrainian Heroes” for something else, and it will open the door for more practical policy between nations.
The “official narrative” is that the inspectors got through to the plant despite commando attack and shelling of the plant.
The UN-IAEA convoy was seen being waved through Russian checkpoints in the Russian-controlled town of Enerhodar en route to the site amid “increased military activity in the area”. Each side is blaming the other for the fresh shelling. An IAEA spokesperson said the mission had been delayed for three hours as the team was held up on the Ukrainian side of the frontline before being given permission to pass.
In its latest statement, Russia’s defense ministry has denounced the efforts of Ukrainian “saboteurs” alleged to have attempted to seize the plant just as the IAEA was en route.
https://www.zerohedge.com/geopolitical/un-team-arrives-ukraine-nuclear-plant-shelling-prompts-reactor-shutdownStarfish Prime was also mucking around with the Van Allen radiation belt(s). I stumbled onto this interesting objective “they” are trying to deal with: getting rid of space radiation so satellites won’t fritz out.
HAARP, and the extraordinary lightning storms of the last few years (which here produce very little rain) seem to fit into this picture.
For maximum damage from a blown-up Zap nuclear plant, one ought to wait for October, when the European windy season starts.There are so many ways to tell a lie that it’s almost pointless to list them, but some ways are so much more clever (or effective!) than others that they warrant special mention.
First and foremost in terms of ubiquity and effectiveness is the straight up, full frontal, direct eye contact, bold faced, earnest and sincere falsehood. It’s really hard to beat when done well, but people are so sensitive to the fine nuances and micro-perceptions of human-to-human communications that the absolute LIE is prohibitively difficult to perform well enough to fool all of the people all of the time. Most folks who go that route get caught sooner rather than later, and I cannot recommend to the general public except as a last resort when caught red-handed and time is short. Best leave this technique to the professional clinical psychopaths who can get away with it.
Like the great actor Douglas Fairbanks Jr. said, “The secret to great acting is sincerity. Once you can fake that the rest is easy.”
The next, and perhaps the most clever way to prevaricate is what I call the Distributed Lie. It’s especially useful and efficacious in pulling off The Big Lie in circumstances wherein the lie is virtually certain to be exposed as a huge and deliberate falsehood or scam. In those cases what is most important is not the concealment of the lie itself because exposure is a given certainty. What’s important is who the blame gets pinned on.
If the lie has been “distributed” among a cohort of partial perpetrators, no single one of which can be proven personally responsible for the entirety of the consequence of their collaborative action, then it is often possible for all of the perps to walk. This your basic “I was only following orders which, by law, were not legally possible for me to disobey” defense strategy commonly called Nuremburg Nazi Defense. Notably and furthermore, if I may speak frankly, it almost always works like a charm.
The only hard part is that it requires both elaborate conspiracy and tremendous resources to construct. Once it is all put together, however, the incredibly lucrative bonus is that it pays for itself because all of the expenses are paid for by its victims. It costs the liar nothing (in fact it makes them rich) because he’s always and only spending other people’s money.
Any of the above look familiar yet?
No?
Alright, in that case I’m going to reveal the hands down BEST way to lie.
The most effective, and definitely the most easy and effortless way to lie, is to never be asked about it.
“Ask me no questions and I’ll tell you no lies.”
There are innumerable ways to arrange things so that no one gets to ask the liars if they lied. Some of those ways are devious and some of them are brutal. Oh, let’s face it, some of them are lethal. But all of them together add up to the same thing : the perpetrator(s) of the lies which make them rich and powerful will NEVER be made to answer for any of it, and thus will never have to be bothered with being asked. Which is to say, “Ask them no questions and they’ll tell you no lies.”
That should do it. Now you know exactly what I’m talking about.
Sneak Attack blog post is up with a picture of Jenny in the lush garden after 3 weeks of August rains. https://drjohnsblog.substack.com/p/sneak-attack
I had a long stack of links, which I still do, and I’ll sure include them, but the IAEA Inspection of the Zaporozhye nuclear power plant jumps to the front because of a daring Ukrainian commando assault on the plant when the Russian soldiers left the plant to let the inspectors have complete access to the Ukrainian civilian employees. It is unclear if the Ukrainian commandos intended to hold the IAEA inspectors hostage, but it would allow them to hold the plant against Russian forces, if they did. The situation may be in flux. The Military Summary Channel has the story. Thanks AFKTT.
The UN-IAEA convoy was seen being waved through Russian checkpoints in the Russian-controlled town of Enerhodar en route to the site amid “increased military activity in the area”. Each side is blaming the other for the fresh shelling. An IAEA spokesperson said the mission had been delayed for three hours as the team was held up on the Ukrainian side of the frontline before being given permission to pass.
In its latest statement, Russia’s defense ministry has denounced the efforts of Ukrainian “saboteurs” alleged to have attempted to seize the plant just as the IAEA was en route...
..Meanwhile, the Ukrainian government is accusing the Russians of trying disrupt the IAEA visit, also following accusations that Ukrainian personnel at Zaporizhzhia were tortured in order to cover up the true status of the plant’s operations.
https://www.zerohedge.com/geopolitical/un-team-arrives-ukraine-nuclear-plant-shelling-prompts-reactor-shutdownAlastair Crooke, Russia & China’s ‘Financial War’ on the West Thanks Eleni:
..Today Russia and China are offering the Global South, Africa and Asia a release from the Western ‘Rules’. They are encouraging the ‘Rest-of-World’ to assert its autonomy and independence — à la Bandung.
Russia, in partnership with China, is building these widespread political relationships on the control of global fossil-fuel supplies and much of the world’s food and raw materials. To further increase Russia’s influence over energy sources upon which the Western belligerents depend, Russia is stitching together a gas ‘OPEC’ with Iran and Qatar, and has also made welcoming overtures to Saudi Arabia and the UAE to join together in taking greater control of all key energy commodities.
Further, these big producers are joining with big buyers to wrest precious metal and commodity markets out of the hands of London and America – with a view to ending Western manipulation of commodity prices through derivative paper markets.
The argument advanced by Russian officials to other states is both hugely appealing and simple: The West has turned its back on fossil fuels and is planning to phase them out entirely — in a decade or so.
They have chosen this track under intense US pressure — a path which, in the case of Europe, will impose misery on their peoples for years to come.
However, unpalatable though it be for some, the fact is that world economic growth still requires fossil fuel production. Without more investment and exploration, there is unlikely to be sufficient supply in the medium term to meet likely demand. What is not available anywhere, is a quick means for increasing the physical supply of energy.
Russia’s message to its partners is that you do not have to join with this masochistic ‘sacrifice politics’. You can have oil and natural gas at a discount to what Europe has to pay. The “Golden Billion” have enjoyed the benefits of modernity, and now they want you to forego it all, and to expose your electorates to extreme hardship, too.
https://english.almayadeen.net/articles/analysis/russia-chinas-financial-war-on-the-westFirst strike nuclear warfare has been the US policy since the Cheney-Bush administration. It is a serious policy. The history goes back to 1945 (Churchill/Truman), but it has been active since the GWOT.
“Preemptive Nuclear War”: The Historic Battle for Peace and Democracy. A Third World War Threatens the Future of Humanity
https://www.globalresearch.ca/preemptive-nuclear-war-a-third-world-war-spells-the-end-of-humanity-as-we-know-it/5772695This looks at the dependence of world-leading German industry upon Russian feedstocks of oil and gas. This is a kill-switch for global-finance, as well as German industry.
Whether he was aware of it or not, Habeck effectively echoed what Zoltan Pozsar said over the weekend, that Europe is facing a Minsky moment triggered by excessive financial leverage “and in the context of supply chains, leverage means excessive operating leverage: in Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that’s 100-times leverage – much more than Lehman’s.”
https://www.zerohedge.com/markets/structural-rapture-german-companies-shutting-down-response-record-energy-pricesPepe Escobar has another good perspective piece, Ukraine, Somewhere Between Afghanization and Syrianization ,and I swipe this nugget out of it:
Ankara allows Moscow to evade the avalanche of western sanctions and embargoes.
Turkish businesses – literally all of them with close connections to President Recep Tayyip Erdogan and his Justice and Development Party (AKP) – are making a killing, and relishing their new role as crossroads warehouse between Russia and the west. It’s an open boast in Istanbul that what Russia cannot buy from Germany or France they buy “from us.” And in fact several EU companies are in on it.
Ankara’s balancing act is as sweet as a good baklava. It gathers economic support from a very important partner right in the middle of the endless, very serious Turkish economic debacle. They agree on nearly everything: Russian gas, S-400 missile systems, the building of the Russian nuclear power plant, tourism – Istanbul is crammed with Russians – Turkish fruits and vegetables.
Ankara-Moscow employ sound textbook geopolitics. They play it openly, in full transparence. That does not mean they are allies. It’s just pragmatic business between states. For instance, an economic response may alleviate a geopolitical problem, and vice-versa.More on that in this article: American Firms Want to Dodge Sanctions and Secretly Trade With Russia Through Turkey
”The US Ambassador to Ankara Jeffry Flake, who assessed the visit, said that 5,000 US companies preparing to leave Russia have listed Turkey as their address. American companies that are trying to take advantage of Turkey’s warm relations with Russia also want to benefit from effective logistics capabilities of Turkish companies in the region,” the report added.
https://sputniknews.com/20220830/american-firms-want-to-dodge-sanctions-and-secretly-trade-with-russia-through-turkey-report-claims-1100153612.htmlMoon of Alabama has this. Remember that advanced weapons systems are a form of global currency, like oil, convertible to gold, Rubles, $US, anything, even other weapons.
Ukraine – A Frontline Report – Vanishing Foreign Weapons
https://www.moonofalabama.org/2022/08/ukraine-a-frontline-report-vanishing-foreign-weapons.html#moreKishida is a Japanese nationalist, like his recently assassinated mentor, Shinzo Abe. Japan needs reliable electricity and has to maintain engineering capabilities by building nuclear power plants.
Japan’s nuclear revival in a race against time
PM Kishida signals nuclear policy shift just as the shuttered industry’s manufacturing and technical expertise is slipping awayChinese experts are advocating shooting down Elon Musk’s Starlink satellites on national-security grounds. They have noticed how it is being used in Ukraine.
https://www.zerohedge.com/geopolitical/china-threatens-destroy-elon-musks-starlinkColonized African countries were helped by the USSR to throw off that yoke, and many Africans got educated in the USSR, later Russia. Africans are determined to stop being bled by the west.
A recent gathering of the Southern African Development Community (SADC) has expressed its displeasure with recent legislation making its way through the United States Congress which is aimed at punishing the continent for its diplomatic and trade relations with the Russian Federation.
https://www.globalresearch.ca/sadc-rejects-anti-russian-bill-united-states-congress/5791859Consciousness of Sheep has a very good article. This writer advocates using remaining fossil–fuels as prudently and sparingly as possible to descend gradually to whatever will later be possible.
Net Zero is Dead, So Now What?
The problem with both sides of the growing political chasm around net zero is that they don’t understand energy. The greens who advocate even more low energy density NRREHTs fail to understand that these cannot provide more than a small fraction of the surplus energy required to power a modern economy. Thus, following that route leads us to a short-term cascading collapse which is guaranteed to wipe out a large part of the population. The growing anti-net zero side, on the other hand, fails to understand that high energy cost fossil fuel extraction also deprives us of the surplus energy required to power a modern economy. So, they too will end up destroying the economy and killing off a large part of the population along with it.
Perhaps we are fortunate insofar as a large part of the current crisis is artificial. If cooler heads were to prevail, and given that one way or another, the invasion of Ukraine – which currently looks a lot like the attritional warfare of 1916 – has to end with some kind of negotiated settlement, we could probably still persuade Russia to turn the gas back on… although the more the rest of the world turns to the emerging BRICS system, the harder that is going to be for the western minority to obtain the energy and commodities we depend upon. But even if we could restore the gas supply from Russia – which is surely preferable to reverting to coal or fracking large swathes of northern England – the underlying energy crisis resulting from depletion and declining surplus energy, together with the need to prevent too much more environmental damage requires that we find another way to end our addiction to fossil fuels. (“Addicted” to survival, not heroin, at this point.)Does this signal a reversal is about to happen?
German Foreign Minister Says Support For Ukraine Will Continue “No Matter What Voters Think”German Foreign Minister Says Support For Ukraine Will Continue “No Matter What Voters Think”
We are going to change our low down lying ways. I’m not saying that we should or should not change. I’m saying that we SHALL change.
Either we change before the collapse so as to avert it, or we change during or after the collapse as a consequence of it. In either case we exit the event in a much changed condition.
We ARE going to change our low down lying ways.
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