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nymusicdaily's avatar

one economic aspect of the lockdown which has been largely forgotten is that it depressed the demand side (which also served to decimate the small business sector) while pushing the inevitable inflation a little further down the road

we desperately need a recalibration in the energy-cost-of-energy equation and a willingness to accept lower profits at least in the short run. there are a ton of deposits out there which will require some investment to access (we were told the falklands war was over strategic territory...um, ok). there are also new reserves coming on line in places that were mapped exhaustively for decades (san diego, gaza and chinese coast). i think fossil fuels are largely a myth: oil is generally abiotic and the second most common liquid on earth.

i get the sense that most of the trillionaires' wealth has been gambled away via a ponzi scheme of worthless derivatives. so most of those dynastic assets have been whittled down to property, yachts, hot cars and private planes. and those in the know desperately want to get their trillionaire status back.

that's why the cabal is so desperate to create natural asset capital so they can continue to have fun in the casino. they're going to weaponize the arguments to end the fed, and the need for an asset-based currency in lieu of the current fiat system, to suit their goals. meanwhile, the bitcoin bros (who also know that their holdings are ultimately worthless) will try to sell the more gullible and digitally-addicted among us on the idea of farming their own data. easier to sell social credit score and prison planet with a carrot than with a stick

i see berenson has finally caught up with what sherri tenpenny and dolores cahill (and, hell, mccullough) were telling us 5 years ago. at this pace he'll discover the world economic forum around 2030

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Grasshopper Kaplan's avatar

1.prices raised never come down for us poor folks

2.there is plenty of gas in Russia where I was born. The American dream was killed by the ScKamala bidendiaper team of has beens , most of whom we likely have never seen mentioned....

3.

The force of events makes me go from joiking about going back to Russia, longing for the days of Nixon and Stalin, ha ha, to actually thinking how I can settle my affairs in this cast wasteland and go home.

Or

4. Maybe I can just find some Russian speakers that will take me in locally, teach me Russian, and tolerate that I must smoke lots of marijuana but then that never hurt no one....

5

Those last few words, that never hurt no one, is a quote of Billy Joel, only the good die young..but five words is less than six than plagiarizm mandates....

6.

Elton John. Went blind we're told , my poor housemate thrice murdernad declines

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