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@dbentonsmith Rules!? We don’t need no stinking rules!
From the above link: “The ruble has lost a third of its value against the dollar.JPMorgan data shows the worst recession in the country since its 1998 financial crisis.”
This is taken from a report dated March 7th when it reached approx. 132 per dollar. Checking the Baltic this morning it stands at 98 per dollar. The bs is amazing really. I don’t know why I keep reading this S&!t.
Slow motion train wreck I guess. It goes on to say:“The crux of the new economic risk starts with common goods like oil and wheat. These keyRussian and Ukrainian commodities, along with others like nickel and natural gas, have seen their prices surge through 2022 as the conflict has raised fears of supply strains.”
Further along:
“The advanced economies can reshuffle their trade relationships and import necessary goods from elsewhere. But that will take time, and until then, Americans are likely to shoulder the costs of even pricier gas and groceries.”
Like where? Please show me another 11 time zones with anywhere near the natural commodity supplies both developed and waiting to be developed?“In the US, the Federal Reserve began raising interest rates this month, and while the central bank is widely expected to continue rate hikes at each of its six remaining meetings this year, the exact scope and timing of the Fed’s monetary tightening remain up in the air.”
But wasn’t that supposed to cripple Russia?” There’s simply no precedent for the economic dislocation Russia is experiencing, Brian Coulton, chief economist at Fitch Ratings, told Insider. Similarly severe sanctions have been levied on smaller economies like North Korea and Cuba, but never against such a global superpower. That leaves economists without much foresight as to how the sanctions will play out in the coming years.”
Your getting a pretty damn fine look in just a few weeks!” Where the West is going to come in and cut off supplying stuff to Russia” You mean the grift?
It fails to mention the supply strains are self inflicted. Lots of Russian commodities available if you want to buy in Rubles or not follow the sanctions. The March 7th Business Insider is worth a read just on the rear view mirror concept to see how well the prognosis played out.
…and then there’s this little nugget:
https://oilprice.com/Energy/Energy-General/Rationing-Looms-As-Diesel-Crisis-Goes-Global.html
Russian refiners cut processing rates of diesel fuel.
Already tight diesel supply is getting even tighter.
Vitol’s chief executive Hardy: diesel supply shortage could trigger rationing in EuropeReading the article it doesn’t state anywhere that Russia actually cut anything, maybe they are just selling it elsewhere.
Really, Russia put this in motion?
“In bracing for the near-term food emergencies that Russia has put in motion”
Do you suppose they will have this ready by fall?
France wants to build floating LNG terminal at Le Havre – Les Echos
Legends in their own minds.
“As for the war’s impact on Russia’s grain exports, wheat shipments in March have held at a near-normal pace, but analysts recently toldBloomberg that few new deals are being signed as severe economic sanctions levied against Russia by the United States and its NATO allies are starting to have an impact.”
https://www.world-grain.com/articles/16679-importing-countries-seek-alternate-grain-suppliers
@oxymoron This sanctions thing seems to be against the less well off in the west more so than anything. Russia has a lot of natural resources that are scarce in the industrial west , if we’re even “still industrial”. The financial elites of this world seem to think money or financialization of everything is the dominant strategy and will prevail over the reality of actually owning three dimensional things like food and minerals not to mention fertilizers.
Take your pick here:
https://www.hellenicshippingnews.com/category/commodities/commodity-news/
Food for thought?
Canada’s farmers may face another drought this year, just as the world counts on the breadbasket nation to grow bigger wheat and canola crops to ease food inflation fuelled by the Russia-Ukraine war.
Dry conditions shrank last year’s Canadian harvest, and wheat crops in the United States and China are now struggling. In 2020, prior to the drought, Canada’s wheat exports accounted for 13% of globally traded wheat, according to the U.S. Department of Agriculture.
Canadian farmers face drought threat as global wheat, canola prices soar
All the best Raul. I have an overly active sciatic nerve on the right side. I affectionately call my psychotic nerve. Perhaps some of the regulars will put up a bit of stuff! This is kinda fun:
“We must recommit ourselves to the work of strengthening our democracies, and demonstrate the principled leadership people are looking for,” said Trudeau at the European Parliament.
See what happened after Trudeau’s historic failed address to the European Parliament. (Scroll down)
No analysis by Canada’s mainstream media.
Here’s two hours if you can stand still that long. Quite interesting on a number of topics with Robert Barns as quest.
https://rumble.com/vychaf-nato-biden-ukraine-russia-and-china-live.htmlRecovery? Where’s this recovery? Nothing is moving globally yet there is a recovery? I still say the pandemic was used to cull fuel consumption, however we were already well past peak. So it’s Russia’s fault I’m sure even though they are honouring the contracts in place.
“Similar distillate shortages have emerged in Europe and Asia as the rapid recovery in consumption after the pandemic has outrun increased output of crude oil and refinery production of diesel.”
…and then there’s this little nugget: “Hardy said the shift to more diesel consumption over gasoline in Europe had helped to create shortages of the fuel. He added that refineries could boost their diesel output in response to higher prices at the expense of other oil-derived products to shore up supply, but warned that rationing was a possibility.
Meanwhile, Torbjorn Tornqvist, co-founder and chair of Geneva-headquartered Gunvor Group said that “Europe is short of diesel” but added that “Diesel is not just a European problem; this is a global problem. It really is.”34 people on six continents really! Overwhelming numbers. I wonder how many were actual farmers?
Farmers elsewhere are making similar moves. Reuters spoke with 34 people on six continents, including grain producers, agriculture analysts, traders and farm groups. All expressed concern about the cost and availability of fertilizer.
“As gasoline prices rise to record levels, the International Energy Agency is calling for energy lockdowns, such as banning the use of private cars in cities on Sundays. Other measures proposed in the agency’s “A 10-Point Plan to Cut Oil Use” include reducing speed limits, working from home, cutting business air travel and imposing an SUV “tax,” reports Climate Depot, the website run by former Capitol Hill staffer Marc Morano. “Governments have all the necessary tools at their disposal to put oil demand into decline in the coming years, which would support efforts to both strengthen energy security and achieve vital climate goals,” the report states.”
How about cutting off the global MIC?
“Ukraine’s Propaganda War: Int’l PR Firms, DC Lobbyists and CIA Cutouts (MPN)”
I wonder how they will spin this as more leaks through the censorship sieve?
https://www.instagram.com/tv/CbaJa-ZF3NO/?utm_medium=copy_link
Autocracies cannot allow evolutionary churn to operate freely enough to enable their regime to adapt to changes. By throttling evolutionary churn–dissent, variety, experiments across the board in all fields–autocrats doom their regime to failure and collapse. The irony is their tight grip on power is their undoing.
Autocrats have a second fatal flaw: they want agreement and confirmation, not dissent. Once the autocrat decides that this set of policies will support the regime’s control, then dissent is unwelcome.
This desire for compliance and consensus dooms the autocracy to failure and collapse because dissent is the essence of evolutionary churn and adaptation. Surround yourself with sycophants and toadies, crush dissenting views, and you’ve sealed the fate of your autocracy:
https://www.oftwominds.com/blogmar22/autocracy-weakness3-22.html
Anyone know what’s going on with MOEX. I find it hard to believe that it isn’t trading period. The east is still trading with Russia and yet I can’t find any info on the markets in Russia. I personally have no investments in any markets. I do like to follow them as the reality is what happens on the global market front will eventually show up on the ground around me.
“It depends on a cheap, universal, globalized commerce. What was it, they move 22,000 tonnes of ore to make one electric car? Yeah, that sounds sustainable.” And all done primarily with diesel.
Because of the degradation of the immune system (AIDS) after taking these shots, the mortality rate has jumped for those who are told they have COIVD. It’s even worse for the triple vaccinated population in terms of their risk of death. The official figures show that they are on average 3.7 times more likely to be infected with Covid-19 but 5.1 times more likely to die of Covid-19 than the unvaccinated population.
The following chart shows the total number of Covid-19 cases per week by vaccination status across Canada between 31st Jan 22 and 27th Feb 22 –
Official Government of Canada Data: Triple-Vaxxed FIVE TIMES More Likely to Die of Covid
This week the long-awaited Online Safety Bill was published, which aims to make the UK the ‘safest place to be online in the world’ – in other words, the country with the most strictly regulated and censored internet of any liberal democracy. This mammoth piece of legislation was five years in the making, and those five years show. The bill is vast in scope, and terrifying in its implications for free speech.
Most significant is the ‘duty of care’ the bill imposes on social-media firms. Tech platforms will be legally required to prevent users from seeing both illegal content and ‘legal but harmful content’.
https://www.globalresearch.ca/end-free-speech-online/5774673
Destabilizing the social, political and economic structure of 190 sovereign countries cannot constitute a “solution” to combating the virus. But that was the imposed “solution” which was implemented in several stages from the very outset of the corona crisis in January 2020. It’s the destruction of people’s lives. It is the destabilization of civil society.
Fake science was supportive of this devastating agenda. The lies were sustained by a massive media disinformation campaign. 24/7, Incessant and Repetitive “Covid alerts” in the course of the last two years.
The historic March 11, 2020 lockdown triggered economic and social chaos Worldwide. It was an act of “economic warfare”: a war against humanity.
@Carlos Conflict is a feature not a bug.
Great summary Dr. D, and Mr House the GDP thing never made any sense to me. If .gov spending goes up it’s good for the GDP. How’s that again? Spending more than you’re taking in is a good thing? More prisons and more sick people is a good indicator of what? .gov employees can get under my skin sometimes when complaining about all the taxes they are paying, at some point I’ll have had enough and just shoot back with “you don’t pay any tax, you give some back”. You can usually see the hamster wheels winding up, I just walk away at that point.
@willem Thanks I have been using Brave for my browser but haven’t tried the search. I wi;l give them both a go.
Who would have thought that making optimistic harvest predictions during years of wild weather extremes turn out so poorly. The geopolitical situation in Europe aside, this phenomenal weather swinging is set to continue this growing season in the northern hemisphere. The various institutions that predict crop yields are looking forward to bumper crops again this year. So lack of fertilizers, much higher fuel costs, parts shortages for machinery shouldn’t be a problem. We’ve got tech fixes for all that right? We have yet to see ugly! Oh yeah I forgot to mention the likely outcome from the response to the pandemic, you know the unknown health unknowables or were they?
https://en.mercopress.com/2022/03/09/severe-drought-impacts-on-argentine-corn-and-soybean-crop-estimatesSo there’s this:
OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply
https://finance.yahoo.com/news/opec-chief-says-theres-no-124238149.htmlThen you see this:
The EU’s executive arm said it could erase a huge share of its dependency on Russia by tapping new gas supplies, ramping up reserves for next winter and accelerating efforts to be more energy efficient.https://www.aljazeera.com/news/2022/3/8/eu-plans-to-slash-2-3-in-russian-gas-imports-thisYou have to wonder just how nice that view is up their own ass!
For your viewing pleasure.
Facebook has admitted in a court of law that its fact checkers are not asserting facts but, rather, First Amendment-protected opinions
Steve Kirsch, founder of the COVID-19 Early Treatment Fund, recorded a phone call with a fact checker from PolitiFact, showing just how ignorant the fact checker is about the facts, and how unwilling she is to look at the data
There are three sources for vaccine injury data: The Vaccine Adverse Events Reporting System (VAERS) on the Center for Disease Control and Prevention’s Wonder site; OpenVAERS; and MedAlerts, created by the National Vaccine Information Center. Of these, MedAlerts has the easiest-to-use interface if you want to search and collate data
What makes VAERS so valuable is the fact that you can find important safety signals that would otherwise be missed. This is its intended function, and it works quite well for that
Fact checkers are now trying to dismiss VAERS data as unreliable at best and useless at worst. But they have a serious problem. The U.S. government had a clear duty, enshrined in law, to create a system to detect potential vaccine injuries. If VAERS is useless, then government broke the law. In their zeal to protect Big Pharma, fact checkers may be inadvertently throwing government agencies under the busAnd then there’s this little nugget working away feverishly in the back ground.
The Global Digital ID Surveillance Plan Accelerates – Urgent Resistance Needed
The COVID-19 plandemic provided the perfect cover for all manner of “New Normal” changes that were always intended to become permanent. One change in particular has continued to go mostly under the radar – the increasing use of all-pervasive surveillance.
Unfortunately, this Orwellian, “Big Brother” global digital ID surveillance plan just became even more real.
A couple of interesting vids. On privacy I use Brave browser on Mac book and have no issues so far. Sites like Bloomberg say a certain number of views per month without subscribing. I’ve never reached any such limit, every time I log out the cookies are erased and the same number of views are open the very next time I open an article. Not that I read much Bloomberg just an example.
https://rumble.com/vwwsi3-biden-and-eu-dig-a-deeper-hole-as-world-watches-in-disbelief-live.html
https://rumble.com/vwxk3z-dr.-peter-mccullough-post-omicron-now-is-the-time-for-expert-analysis.html
@dr-d You are consistently rolling sevens! I end up reading most of your post out loud to my wife.
Some interesting work here from 2018 and may work into the present situation going on in Europe. The conclusion at the end of part two is what made me sit up.
And so the ominous crossing of the lines (which would define the probable time of serious conflict between the nuclear powers, whilest ignoring the 4,000 millions without nuclear weapons) would take place…. In 2023!!!
The author admits that in this initial excercise there could be some data missing. He could have made a mistake, made unreal suppositions. He has discounted the dicovery of gigantic oil finds which have been overlooked up till now, seeing as they have not been discovered in the last decade with all the modern exploration technology available. He could have underestimated that the change to a 100% renewable world is going to appear with stratospheric velocity, with electric scooters, bikes and cars for hire, with the unprecedented advance in carsharing or carpooling or carkfaking and other possible nonsense.
For all of this, I offer you the page of calculations which have led me to arrive at these conclusions. They are freely accessable to the public reader, so that if they wish, they might improve, correct, estimate in a different way, add in the data they deem reasonable, justified or opportune, and send it back to us. So that they might perhaps arrive at projections of a different orientation.
@susmarie108 I’ve been watching things dry out, up here in Nova Scotia for literally two decades now. An old unused road that I walk to get to one of my favourite fishing spots. All through the sixties and up till the turn of this century when walking this road it would lay wet and muddy until mid June early July. Since 2000 +/- after three sunny days it would be dry enough to travel in joggers and not get a soaker. Even in late April with ice and snow in the well shaded areas it would dry up between the patches of still frozen ground. We have insects and algae blooms that weren’t even heard of pre 2000. Last summer we had folks that worked out doors all there lives that were suddenly having hydration problems myself included. The energy in the system now is sucking moisture from everything at rates that were unimaginable just a couple of decades ago. For every one decree Celsius there is 7% more moisture in the atmosphere. The atmosphere isn’t smoothly distributed as storms demonstrate only too well. The warmer this gets the more energy in the air so the faster it wicks the moisture from the surrounding areas and the faster it goes. It seems logarithmic! The increases are faster and closer together with each minuscule increase in moisture content. To rub a little salt in the wound water vapour dwarves the heat retention of co2. I’ve spent three decades agonizing over this predicament. It’s only been the last half dozen years or so that I’ve gotten through my grief, I think? Any which way you cut it, love is all that’s not been corrupted to this point. All though it would seem the powers that be are working hard on that problem. There is no solution that will keep our way of life going forward. Finding a way down is unlikely when you consider that the tech we now enjoy will not scale down. To live like the west did in the 50’s is also not possible due to the lack of easy access to raw materials. Live your best life, help in any way you deem sensible for you. Not very up lifting I’m sure, but reality more often than not just sucks, both natural and manmade.
From Kiev this morning a conversation with Alex Christoforuo and Conzalo Lira in downtown Kiev
Starting at the 40:00 minute mark.
https://theduran.locals.com/upost/1757019/zelensky-ready-to-negotiate-with-russia-liveAs the media are abandoning COVID, they’re taking aim at AIDS instead. The timing of AIDS-related articles and announcements is indicative of a coordinated PR campaign, which must have a specific purpose
While Prince Harry’s fame is milked for all it’s worth to get people to start thinking about getting HIV-tested, the discovery of a new HIV variant in The Netherlands has also been announced. The variant is more contagious, and causes more severe disease, twice as fast. There are 109 known cases of the HIV variant in The Netherlands
The COVID jab may be causing AIDS-like illness by decimating immune function. Researchers have also warned the COVID jab may raise your risk of HIV infection. Is the media’s focus on AIDS an attempt to cover up COVID jab effects?
“What upsets me about Ed Down and his follow hedge fund buddies is that his ‘revelation’ about the vaccines causing injury and death comes a year or so after anyone paying attention with the slightest curiosity figured it out.”
TOMGRAM
Best of TomDispatch: Todd Gitlin, The Tinsel Age of Journalism
POSTED ON FEBRUARY 20, 2022
[Note for TomDispatch Readers: On the weekend that precedes Presidents Day, consider this my way of saying goodbye to an old friend. Todd Gitlin died this month at age 79. He had indeed once briefly been a president — of the radical group Students for a Democratic Society in the 1960s. He (like me) was involved in the anti-Vietnam war movement of that era and later became a critical scholar with a special focus on the media. I edited five of his books, including two novels and his penetrating study of television, Inside Prime Time, when I worked at Pantheon Books. In that context, I can’t resist quoting Susan Sontag’s classic blurb for that book: “From this resolute non-watcher of TV, it may seem a small compliment to say I’d rather read Todd Gitlin’s book than watch what it recounts, but Inside Prime Time is a remarkable enterprise of description. I was instructed, entertained and properly disheartened by it.”In the last piece he did for TomDispatch back in 2013, he caught the essence of the then-fading press (that is, for those of you who no longer know, the news on actual paper) in a way that remains memorable. He noted that the factors likely to determine our fate on this planet, whether in economic or climate terms, had been desperately ignored by the media of that moment — as, to a large extent, they still are today. I’ve kept my own 2013 introduction to the piece as well.
So long, Todd, I’ll miss you. Tom]
https://tomdispatch.com/china-is-digging-its-own-grave-and-ours-as-well/
“A planet ever more battered by climate change, one in which neither an American nor a Chinese “century” will have any meaning, will certainly need a newly empowered world order that can supersede national sovereignty to protect the most fundamental and transcendent of all human rights: survival. The environmental changes in the offing are so profound that anything less than a new form of democratic global governance will mean not just incessant conflicts but, in all likelihood, disaster of an almost-unimaginable kind. And no surprise there, since we’ll be dealing with a planet all too literally on the brink.”
While the author seems to have a decent handle on the coming “attractions”, I don’t believe any one entity as we know them now will survive much beyond this decade. Before this decade is out there will be major global grain supply issues. The temps in the major grain growing regions will exceed the nominals required for decent production. We are already seeing troublesome climatic conditions. The overnight lows that are rising faster than the daytime highs, are of particular importance. If they don’t drop low enough for the plants to reach a rest point then the quality and quantity suffer dramatically as the number of nights in a row mount up. These temps are reached long before 35c wet bulb extremes are reached on a wide scale. This alone will produce more refugees and calling it a migration is a misnomer as migration implies a return trip, ain’t going to happen voluntarily. On top of all that the droughts, floods and wild fires will only serve to exasperate the situation. These wild swings in local weather patterns are evident everywhere now. The comfortable weather stability that we once enjoyed in our own “neck of the woods” is notably shorter between extremes. The rates of increase in notable extremes in weather are going exponential it would seem. I’ll go out on a limb and say that global grain shortages are going to start to show up inside the next five years. Add to this the various strains on the industrial agriculture system with broken supply chains that can’t be restored to their former glory, lack of fuel and fertilizers quite possibly this coming growing season and things are looking quite dire. If MSM and the western think tanks are allowed to describe the coming events, well…. you know it was Russian meddling or some such.
