Elites Secretly Plan “Global New Deal”

40 Comments on "Elites Secretly Plan “Global New Deal”"

jjhman on Tue, 22nd Nov 2016 12:07 pm 



When reading a screed like this my mind starts to wander when I come across right wing “dog whistles” like “global elites” and insults to the New Deal.

I know that us doomers have been wrong about things like the date of peak oil but who can actually believe at this date that unending economic growth powered by unregulated free market capitalism is the cure for all that ails humanity today?

Davy on Tue, 22nd Nov 2016 12:14 pm 



The UN’s Irrelevance can be described by the forces of Putin, Brexit, and Trexit. No the UN is not completely irrelevant but it is heading to less relevance. Globalism is in decline and along with it all the major international organizations. This is a good thing because they have all have been hijacked and coopted by special interests. The UN is a waste of good money and effort but in the mean time we have no alternative. We must have structures for nations to cooperate. The importance of increasing irrelevance is the corruption and the waste will be rendered out of these multinational organizations by less funding from a world rapidly becoming poorer. The trends towards centralization will be curtailed by nations seeking their own self-interest in a world localizing by macro forces of limits and diminishing returns.

aidan on Tue, 22nd Nov 2016 1:23 pm 



This is drivel. If you look at the scientific data the area of sea ice in the Arctic and Antarctic has shrunk by 1 million square kilometres in the last WEEK. That is equivalent to 10 European countries or 17 US states – in the middle of the Arctic Winter – It is also an utterly unarguable fact, the truth etc (remember when such things mattered?)
We are rapidly heading into a total global catastrophe. The only remotely positive possibility is that the utterly evil old men responsible for destroying planet Earth are going to live long enough to stand trial.

Apneaman on Tue, 22nd Nov 2016 1:44 pm 



One of my favorite things about AGW and the mass extinction is getting to watch all the conservatards try and explain away the growing number of AGW jacked weather disasters and extended record breaking wildfires and people walking and driving in water filled streets on a regular basis due to SLR – 13 $billion dollar$ ++++ this year alone in the US and the mouthbreathers are as loud as ever. Every year the chances of going to your kids funeral instead of their graduation increase. Not so much for conservatards since so few of their kids graduate anymore…..except for getting their GED in prison. I have as much sympathy for these subhumans as that bug I just squashed. You reap what you sow, so get ready for your self inflicted endtimes.

joe on Tue, 22nd Nov 2016 2:14 pm 



Seems an obvious idea. Though at some point they will have to absorb every countries national debt. Just enslaving each nation without benefit to those nations will probobly make the 1st and shortest lived global empire. The problems with banks and capitalism is the idea of eternal growth forever. It could take 50 or 500 years but at some point we will run out of room or growth or trust in debt as the answer. The flip-flopper in chief will show us all just how bad things really are.

Cloud9 on Tue, 22nd Nov 2016 4:32 pm 



A number of things kicked off the great depression the two most important were the end of growth of credit expansion and the end of growth of electrification. Consumers had maxed out the buy now pay later plans and the cities were completely on the grid. The whole purpose of the programs like the WPA and CCC was to put money back into broke people’s pockets. Programs like the TVA were intended to bring electricity to the far corners of the country. None of these programs ended the Depression. As everyone knows the depression ended when WWII began.
I suspect there is more truth in the Georgia Guide Stones than most people would like to admit.

Davy on Tue, 22nd Nov 2016 4:47 pm 



Clog, you forgot about rampant speculation and leverage?

Cloggie on Tue, 22nd Nov 2016 4:50 pm 



Regardless whether climate change is real or not and if yes, to what extent, you can trust clubs like the UN smelling the opportunity for global governance, with themselves in the middle of it all.

The UN: a shabby club in a shabby building, becoming ever less relevant. A UN global New Deal is a stillborn baby.

makati1 on Tue, 22nd Nov 2016 5:52 pm 



The UN is the latest version of the League of Nations, which only lasted until Japan walked out prior to WW2. It had no teeth and was powerless to stop the war. The UN is the same weak organization that needs a major country to walk out and end it. Who will it be?

Anonymous on Tue, 22nd Nov 2016 6:56 pm 



Another shit article. This moron is worried about this:

“They know that climate change is their path to global financial control.”

No, they dont know anything of the sort, what the elites do know is, they don’t require a ‘path to global financial control’, they already have that.

lol. Little late in the game to be worrying about the elites ‘taking over global finances’ isn’t it?

I think he forgot to mention the secret UN army being trained and formed …. in ….liechtenstein. They mission will be to take this idiots assault rifles away from him and his buddies.

BillC on Tue, 22nd Nov 2016 9:26 pm 



global warming is like aliens. i wont believe in the existence until i see it. so far no aliens and no global warming. this article gives a realistic motive for the crime of inventing global warming. global warming is a money/ control motivated HOAX.

Boat on Tue, 22nd Nov 2016 9:36 pm 



I am not sure how led bulbs, houses without air leaks and low flush toilets lead to elites taking over control but I am sure there is a Canadian somewhere that can explain it. Lol.

Sissyfuss on Tue, 22nd Nov 2016 10:11 pm 



My problem with this is if the elites are secretly planning anything they can’t be too good at it if this bozo knows all about it. That’s right, Sherlock. They are definitely planning something so keep on guessing.

GregT on Tue, 22nd Nov 2016 10:17 pm 



“I am sure there is a Canadian somewhere that can explain it. Lol.”

The vast majority of Canadian European immigrants migrated from the same places as the vast majority of American European immigrants Boat. The Canadian immigrants just haven’t been bombarded with the same degree of indoctrination and propaganda as the American immigrants have.

makati1 on Tue, 22nd Nov 2016 10:29 pm 



Sissy, what if the elite’s plan is exactly what is happening? The total destruction of the system so that they can ‘arise from the ashes’ owning everything worth owning? And perhaps global warming/climate change is not unknown to them? All are possible if you can think outside of the box they built around your mind.

GregT on Tue, 22nd Nov 2016 10:38 pm 



“The total destruction of the system so that they can ‘arise from the ashes’ owning everything worth owning?”

You mean like what they did to Europe after their second world war? Nah, people are too well informed to ever let that happen again.

Apneaman on Tue, 22nd Nov 2016 10:41 pm 



BillC, I see you are still a complete fucking retard.

Apneaman on Tue, 22nd Nov 2016 11:17 pm 



Hey BillC, care to explain why and how US (and global) $Billion$ weather disasters have been going up for a couple of decades now? I’d love to hear your learned explanation – LMAO. 13 of them so far this year. At this rate all your infrastructure will be gone in 10 years. Good.

Take a look at the graphs.

Here’s every billion-dollar weather disaster in the U.S. since 1980

“With Hurricane Katrina in 2005 and Hurricane Sandy in 2012, costs of weather disasters have skyrocketed in the past tumultuous decade. Hurricanes, the most expensive disasters, were more frequent and destructive since the turn of the millennium, adding to the spike in cost.”

https://www.washingtonpost.com/graphics/national/billion-dollar-disasters/

Matthew May Be 13th Billion-Dollar Weather Disaster to Hit U.S. in 2016; Economic Damage Nears $6 Billion

“As the economic cost of Hurricane Matthew, which swamped cities and knocked out power in Florida, Georgia and the Carolinas, nears $6 billion, it could become one of the most expensive storms to hit the U.S. It could also be the country’s 13th billion-dollar weather disaster of 2016.”

“As of September, before Matthew cut a deadly swath across the Caribbean and prompted evacuations in the southeastern U.S., there have been four flooding events and eight severe storm events, with losses exceeding $1 billion each across the country, for a total of 12. That’s the second-highest number for any single year. The record number of events in one year (since 1980) is 16, as observed in 2011.”

https://weather.com/news/news/matthew-billion-dollar-weather-disaster

Apneaman on Tue, 22nd Nov 2016 11:27 pm 



Bill, why the fuck is 40% of the lower 48 in serious drought in late November??????

http://droughtmonitor.unl.edu/

Bill are all those wildfires burning the shit out of the SE , in November????, part of the Hoax too?

Wildfires Continue to Rage in Southeast U.S.
Expected rain might help firefighters, but won’t likely be enough to end drought

http://www.wsj.com/articles/wildfires-continue-to-rage-in-southeast-u-s-1479845856

You need to start working on a new alternate explanation for when these events start killing your loved ones – guaranteed Billy boy. Can’t be stopped. Burn it, don’t burn it, don’t matter anymore. Don’t matter to me, I’m enjoying watching the cancer get it’s fatal dose of Chemo.

mx on Wed, 23rd Nov 2016 12:35 am 



The .1% weeping they won’t be able to Steal Everything.
Tears in my eyes for their pain.

Apneaman on Wed, 23rd Nov 2016 1:01 am 



Agora Financial

“The company publishes a number of financial newsletters focused on advising investors on making money in energy, metals, emerging technologies and small-cap stocks, including the Daily Reckoning, Outstanding Investments, and Capital & Crisis. Agora financial also founded the Richebacher Society, a group focused on continuing the work of the late economist Kurt Richebacher.”

https://en.wikipedia.org/wiki/Agora_Financial

They all about the truth and have no conflict of interest whatsoever.

Kurt Richebächer – another one of those Austrian economists. Sure are many branches of economics. Kinda like christianity with all their denominations. It’s not like it’s a science, more like a religion and political party in one. Real science does not have branches named after different countries. Yugoslavian chemistry. Icelandic physics. Real science also has a decent success rate of accurate predictions (economics never even predicted 1 single crash), like climate science which predicted the SLR you are getting and the rain bombs and hail bombs, and droughts and increased wildfires and sea ice melt and global glacier melting and fucked up jet stream and hotter oceans and atmosphere providing more energy for hurricanes and migration of many species including the humans. They was off on the dates – underestimated by a country mile. Now y’all get to own your own shit.

Shortend on Wed, 23rd Nov 2016 6:31 am 



Ap, there will a portion of the population that will hold fast to their position of denial no matter what. Cognitive dissonance runs deep even with the topic of depletion.
I once had a run of thousands of comment exchanges of one of Anthony Watts inner circle in a forum like this one. To this day he claims to be a so called “lukewarmer” and turned his focus on getting Trump elected.
So, spinning wheels while Rome burns is where we find ourselves. Tragic isn’t it?

Cloud9 on Wed, 23rd Nov 2016 7:29 am 



To assert that humans do not impact climate is naive. We plowed the prairie and produced the dust bowl. To assume that humans are alone in impacting the climate is also naïve. Tree ring evidence, glacial deposits and a host of other evidence indicate that everything from sun spots, to volcanic eruptions contribute to the process. To deny that the various factions in the global warming debate have agendas is also naïve. Look at the great global warming prophet Al Gore. Look at his carbon credit scheme. Look at his life style. It is apparent to me that he had an angle and he played it very well.
The massive population growth we have enjoyed is based on the massive consumption of finite resources.

As a species we are clever but devolution is baked into the cake.

Shortend on Wed, 23rd Nov 2016 7:57 am 



Cloud..the difference this time around we, humans, are the “driving force” behind the sudden atmospheric alteration and climatic deviations in recent history

The last time atmospheric CO2 was at 400 parts per million was during the ancient Pliocene Era, three to five million years ago, and humans didn’t exist.
– Global average temperatures were 3 to 4 degrees C warmer than today (5.4 to 7.2 degrees F).
– Polar temperatures were as much as 10 degrees C warmer than today (18 degrees F).
– The Arctic was ice free.
– Sea level was between five and 40 meters higher (16 to 130 feet) than today.
– Coral reefs suffered mass die-offs.
“The extreme speed at which carbon dioxide concentrations are increasing is unprecedented. An increase of 10 parts per million might have needed 1,000 years or more to come to pass during ancient climate change events. Now the planet is poised to reach the 1,000 ppm level in only 100 years if emissions trajectories remain at their present level.”
Actually I go with the 1,000 authors of the IPCC AR5 and all of the science academies on the planet. Between them the AGU and the APS have 110,000 members. That is just two of the 200 or so.
During 2013 and 2014, only 4 of 69,406 authors of peer-reviewed articles on global warming, 0.0058% or 1 in 17,352, rejected AGW

denial on Wed, 23rd Nov 2016 10:20 am 



people who believe climate change doesn’t exist is a non starter for me…..then you have those that think that it is a natural and will correct itself…again non starter, then you have those that think that it is happening due to man and nature together and there is nothing we can do about it at this point….me…North Americans and Europeans are doing just what a neanderthal would do, consume,,,consume …and ignore how it is affecting other tribes….it is all acting as nature does…no reason to be shocked an angry…we have not evolved very much and maybe we are devolving… maybe we will leave enough information for the next species to pass through the fermi pardox in about 2 million years….

denial on Wed, 23rd Nov 2016 10:23 am 



I don’t know why some have evolved to have empathy and others have none…

Apneaman on Wed, 23rd Nov 2016 11:14 am 



Cloud9, spare me the think tank Al Gore conspiracy references. Tree rings and sun spots huh? Is that your science? How come the the arctic is melting right now at record pace in late November during polar night during a solar minimum?

I can tell who does and does not do their research and I have yet to find one scientist who studies climate, past or present, who does not mention natural variability. Can you show me the scientist or paper that says otherwise? No, because that is just one more think tank denier trick for the unlearned american retard. What the fuck did you people do in school? Get high and skip out? Fact is that most of the current change is on the humans. Fact is that the poles and glaciers would not be in meltdown and 40% of the lower 48 would not be in drought and mega fires like Fort McMurray and the US SE would not be happening then there is the rest of the world.

Fucking retards keep playing the same game over and over, so much that it’s hard to fathom that this many people could be that fucking stupid. No matter how much evidence accrues – evidence that y’all have free access to – the response is always “Al Gore” dun it. Of course you need to go to he Al Gore meme, because you cannot make a case for anything else than the humans.

How do you explain the many accurate predictions going back decades that have come true? Just a coincidence or a deeper layer of your childish conspiracies. I see others who lack the courage to admit what they did have turned to Big Geo engineering and other secret and nefarious weather modification conspiracies – cause they hate cha fer yer freedoms.

I suppose the mass extinction that is well under way is a combination of Al Gores plotting and natural variation too eh?

I can’t count the number of times I have provided the robust evidence for the link of CO2 from volcanoes and extinction events. About 15 in total with 5, now 6, mass. And I have also pointed out that it’s the rate of change that is as deadly as anything and the rate of change on this planet is unprecedented in the history of life on this planet and that’s all on the humans.

Current pace of environmental change is unprecedented in Earth’s history

http://www.bristol.ac.uk/news/2016/january/pace-environment-change.html


Alarming new study makes today’s climate change more comparable to Earth’s worst mass extinction

“Climate and CO2 have changed hand-in-hand through most of geological time. Mostly these changes happened slowly enough that the long-term feedbacks of Earth’s climate system had time to process them. This was true during the orbitally-induced glacial-interglacial cycles in the ice ages. In warmer interglacials, more intense insolation in northern hemisphere summers led to warmer oceans which were in equilibrium with slightly more CO2 in the atmosphere by adjusting their carbonate levels. In glacial times with less intense northern hemisphere summer insolation, the cooler oceans dissolved more CO2, and carbonate levels adjusted accordingly. The changes occurred over gentle timescales of tens of thousands to hundreds of thousands of years – plenty slow enough for slow feedbacks like the deep oceans and ice sheets to keep pace.”

http://www.skepticalscience.com/Lee-commentary-on-Burgess-et-al-PNAS-Permian-Dating.html

Cloud, I can tell you are not a stupid person and neither is every single conservative denier I like to poke (some are really bad though). It’s a combination of culture and tribalism and existential angst. This is the other thing I have laid out a case for going on 3 years. Humans need their happy stories and tribal identity and belonging – it’s what soothes all the anxiety of cognitive dissonance. So when faced with ever growing evidence that it’s the humans and there is no tribe more guilty than the West and no sub tribe is more guilty, or louder, than the Americans. The only choices are to come clean or cling even harder to one’s culture and tribal beliefs. The overwhelming majority are clinging.

Davy on Wed, 23rd Nov 2016 12:44 pm 



“Siberian Snow Theory Points to an Early and Cold Winter in U.S.”
http://tinyurl.com/hhsmnws

“For those cursing the unseasonable November chill, there’s an ominous sign up north. It suggests this winter will be long and cold, according to one eminent scientist. He’s the father of the “Siberian Snow Theory.” In a nutshell, he argues that the more snow covering the ground in northern Eurasia, the colder we can expect it down below. Sadly, Siberia is looking pretty white already.”

“Since he was a graduate student, Cohen, who grew up in Brooklyn, has explored the connection between snow in Siberia and weather throughout the temperate regions of the northern hemisphere. Cohen charts a kind of chain reaction. Climate change melts ice in the Arctic Ocean, resulting in more moisture in the atmosphere. That leads to more snow covering Siberia, which reflects sunlight — and warmth — from the terrain. This chill sends energy toward the Polar vortex, the vast weather system that traps cold air in the Arctic. As a result, the vortex breaks down, sending cold air south, as if a refrigerator door had opened.”

Sissyfuss on Wed, 23rd Nov 2016 1:49 pm 



Davy, does Cohen’s theory account for a 36 degree F above normal temp that the Arctic is experiencing as well as record low ice extant and increased melting during the Polar night period? The Jet Stream as well as the polar vortex have been mangled, perhaps permanently. Perhaps his theory will evolved in lockstep with our gathering predicaments and perhaps we will evolve as well. Maybe a self contained air conditioner around the brain to weather the wet bulb world.

Davy on Wed, 23rd Nov 2016 5:18 pm 



Well, siss, I think his theory is consistent with above normal arctic temps because it is reflects pattern instability. We are entering a period of surreal climate. I suspect we will have more surprises awaiting us. Too bad they don’t have a happy endings. They will be exciting though so pass the popcorn and make the best of it.

makati1 on Wed, 23rd Nov 2016 6:03 pm 



Ap, you are butting your head against the wall of ignorance that is out there in LaLa Land. If you try to rebut an American with facts and logic, you are fighting a lifetime of propaganda and brain washing. Not to mention a dumbed down “education” (babysitting) system that no longer teaches their students to think, but to pass tests and how to use their current propaganda source, the ‘smartphone’.

The few intelligent, educated ones are all involved in gaming the system for their own benefit and will also be deaf to your argument. Financial and/or career investments will not allow them to agree with you either. We have a few here that fit that I.D.. They know who they are.

I follow your posts and refs and agree. We are the cause, and will be the victims, of global warming / climate change. Fitting, isn’t it? Species suicide.

Apneaman on Wed, 23rd Nov 2016 6:13 pm 



Been hearing these alarmist claims for over 20 years. But what happens when you look at the numbers? Non stop screaming about global climate conspiracies for over 20 years, but the reality is growth growth growth of fossil fuels the whole time, America has had some of it’s best nat gas and oil extraction EVER in the last decade, yet the conspiracy cries only get louder while the US has been taking an ever greater AGW jacked shit kicking over the last 20. So when is UN and unnamed elitist conspiracy supposed to happen? Is there a date? I just ask because I have been reading this same right wing article for over 20 years and what they claim is supposed to happen has not happened – the very opposite has happened. More fossil fuel extraction and use. Their alarmism gets louder even though the exact opposite has happened. Over half of all industrial emission have happened in the last 30 years. Industrial revolution started in 1750 and have of all emissions in the last 30 years. Since those emissions are from burning fossil fuels how can anyone take these claims seriously when the exact opposite of the claims has happened?

I have already proved (above) that this article qualifies as “fake news” since it comes from an investment company that deals in fossil fuels. We often hear “follow the money”. The only industry that has been more profitable then fossil fuels (especially oil) is agriculture – 10,000 years of agriculture that is vs 150 years of oil. Funny how all these variations of this tired article get the disciples all whipped up about the money, but they never look at the fossil fuel industry and their long history of corruption and conspiring. No can’t do that since for many the cancer industry is exempt because it’s part and parcel of their world view. I’m surprised they did not mention grant money. Like grant money for science started the minute climate change was politicised. Before that all science was funder out of the scientists weekly allowance. There is not one piece of evidence in this entire article – just conspiracy accusations and kindergarten level rhetoric. Just one more manichean story. That’s what most humans want and apparently need. Many libtards do it too and most of them are in their own form of denial in they think that they are “fighting climate change”, it can be solved and they can have green industrialization and it’s mostly conservatives and the corrupt and greedy cancer industry that is to blame. They guilty of many things, but the problem and all the other environmental problems are because of humans insatiable and abstract reward seeking brains. This cannot be changed or stopped. Most cannot accept determinism. They prefer an emotionally fulfilling story instead. This too is part of our evolutionary heritage.

The Storytelling Animal: A Conversation with Jonathan Gottschall

“The human mind is addicted to stories. We make them up all time, and we can easily be taken in by them. Once we latch on to a story (be it a religious narrative or a conspiracy theory) it’s hard to give it up. So we need to be wary of the power of story.”

“The standard story of Columbus’s discovery of the new world is much closer to myth than history. The dark side of Columbus’s journey is left out, and the heroic side (and there is a heroic side of it) is embellished. But myths have a purpose, and being factually “true” isn’t one of them. Myths modify and regulate behavior. They bond people together around a common identity.”

https://blogs.scientificamerican.com/literally-psyched/the-storytelling-animal-a-conversation-with-jonathan-gottschall/

The storytelling animal: Jonathan Gottschall

“His most recent work, “The Storytelling Animal: How Stories Make Us Human,” draws on the latest research in neuroscience, psychology and biology to explain storytelling’s evolution as a fundamental human instinct. ”

https://www.youtube.com/watch?v=Vhd0XdedLpY

Apneaman on Wed, 23rd Nov 2016 8:07 pm 



Climate Change Has Left Bolivia Crippled by Drought

“Like many countries, Bolivia relies on its glaciers and large lakes to supply water during the lean, dry times. But as Bolivia has heated with the rest of the world, those key stores of frozen and liquid water have dwindled and dried up. Warming has turned the country’s second largest lake into a parched bed of hardening soil. This heat has made the country’s largest lake a shadow of its former expanse and depth. It has forced Bolivia’s glaciers into a full retreat up the tips of its northern mountains — reducing the key Chacaltaya glacier to naught. Multiple reservoirs are now bone-dry. And, for hundreds of thousands of people, the only source of drinking water is from trucked-in shipments.”

https://robertscribbler.com/2016/11/23/climate-change-has-left-bolivia-crippled-by-drought/

adonis on Wed, 23rd Nov 2016 9:14 pm 



my opinion on the global new deal will be a cashless society with negative interest rates along with helicopter money to the consumers who qualify it has already begun click on this article below to see what has begun in india according to my sources the new currency will be implanted with a smart chip so big brother will have complete control of the new currency and cash will no longer be secretly hidden away or hoarded in other words every dollar will be taxed allowing the government to do more stimulus programs which will grow the economy. the advantage the common man had will soon be gone. http://www.bbc.com/news/world-asia-india-37974423

Cloggie on Thu, 24th Nov 2016 6:21 am 



More anti-globalist news:

http://www.spiegel.de/politik/ausland/eu-beitritt-der-tuerkei-parlament-fordert-stopp-der-beitrittsverhandlungen-a-1122896.html

EU parliament majority today calls for an end of Turkey-EU membership negotiations (thanks Donald).

Won’t be long until the relations with Russia will be completely repaired.

http://tinyurl.com/77rg2kb

(Really excellent long article (3 parts) about the geopolitics of the 21st century, in line with the vision of general Charles de Gaulle and Vladimir Putin, by the San Francisco writer “Michael O’Meara”; I wouldn’t use the US term “white nationalist” though, but instead the softer sounding “European”)

http://en.metapedia.org/wiki/Michael_O'Meara

Cloggie on Thu, 24th Nov 2016 6:39 am 



Globalist New Deal?

https://twitter.com/AxePBM

L’heure de la plus grande Europe continentale !

“Être alliés des Etats-Unis, ce n’est pas être ses vassaux” dit @FrancoisFillon


Fillon is the most likely next French president.

Four more Galileo satellites placed in orbit last week:

https://www.youtube.com/watch?v=NWTyvc_WnK4
Galileo will start offering Early Operational Capability (EOC) from 2016, go to Initial Operational Capability (IOC) in 2017–18 and reach Full Operational Capability (FOC) in 2019. The complete 30-satellite Galileo system (24 operational and 6 active spares) is expected by 2020.
(Wikipedia)

Accuracy better than 1 m.

Davy on Thu, 24th Nov 2016 6:55 am 



Cashless society with negative interest rates and helicopter money. We are still not there yet though because Trumpian economics is turning stock and bond harmony on its head and it will have disruptive effects on the foreign exchange complex. In recent years a rough balance has been maintained with the dollar/yen/Euro and the emerging markets. In addition this rough balance has been failing even before Trump and Brexit. Global economic is all in flux now so it is not clear where control mechanisms will go. The fed is raising rates probably desperately in anticipation of dropping them soon. All this sounds insane to me.

We may have strong stagflation and decentralization trends possible from Trump and Europe. This points to a kind of hyperinflation loss of confidence in an environment of repression once reality squashes Trumps inflationary debt driven smorgasbord. Once trade wars develop as they will cooperation will take a hit. Currently it is just more elevated asset markets in anticipation of some inflation but that is allowing bond vigilantes their moment.

The current environment of repression means central banks and governments will have control over behavior and flows of wealth that is if they continue to cooperate. If you are going to control loss of confidence it will be by a unity of control. Hyperinflation can be muted. Money flows can be channeled and inconsistencies absorbed. Liquidity can be manufactured as needed in areas of localized failure. The biggest problem we have today is the best tools have been over used for 8 resulting in huge amounts of debt that if normalized is in effect bad debt. Yet, the authorities still have repression which is a fancy word for control. If you have nowhere to run you are a caged animal. We are all zoo animals now. If the zoo keepers split because of a mutiny among themselves well we may have economic mayhem.

What can’t be controlled is the real economy and here is where no matter which way global policy goes it will fail. Broad based demand destruction is occurring along with pockets of real inflation. This is influenced by per capita declines because of overpopulation. Depletion is playing a part especially with oil. Social, economic, and political dysfunction is occurring with irrational policy, malinvestment trends, and destructive wealth transfer. The economy’s economic activity is in decline along with increasing global needs and intractable problems. The newest intractable problem is abrupt climate change and all its adverse economic effects. This cannot and will not end well.

Technology and efficiency are in diminishing returns. A green energy transition is impotent and does not have the economic power to stimulate economic activity like the immense fossil fuel energy transition did last century. Alternatives, EV’s, fancy grid upgrades, and storage is doomed to economic failure from the combination of deflation, stagflation, and resulting hyperinflation.

I would love for an economist to digest that just highlighted combination but that is what we are in. It is a combination of all the worst of economic dysfunction from repression, repressed rates and demand destruction. Real price discovery was about the best we had to properly allocate resources in a global world. Instead we have repression and moral hazard of corruption. All civilizations in the past succumbed to broad based corruption and depletion.

The real answer lies in a recession that cleans house but the problem with that is it will turn into a depression that never ends. Don’t be fooled by anyone claiming we have an economic future even those who claim after a necessary recession we will find new growth. This is a civilization ending trend it is multidimensional and broad based it basically encompasses nearly all human metrics. There are pockets of optimism and hope but they generally revolve around a global social narrative of growth, innovation, and technological progress. This narrative is force fed propaganda in complete denial of reality. It is driven by greens, techies, and economists and delivered by national governments. This is human hubris to think man can overcome a systematic decline that represents depletion, environmental decline, and population overshoot. Nothing can be done except adaptation to this trend. There are plenty of strategies but no good ones. It comes down to a relative combination of winner and losers within overall decline. Happy Thanksgiving

makati1 on Thu, 24th Nov 2016 7:10 am 



adonis, that chip will also have a shut-off switch that the government can just shut down your ability to purchase even food or shelter forever. Saves them time and money when you “step out of line” with the gestapo. Papers please!

Davy on Thu, 24th Nov 2016 7:14 am 



Cloggie, your predictions are centered around technological progress and twentieth century politics. Do you see anything wrong with that? Do you really think technology is still progressing as it did in the 20th century? Do you not realize the twentieth century was an earlier form of coalescing globalism? We did not see a real globalism trend in the twentieth century until Pax Americana. How can you use twentieth century political trends in the 21st century as you do? My point is fundamental changes have occurred that transcend borders and ideologies. Some things never change of course but how can you take that small aspect of human nature and elevate it into a 20th century rhyme for the 21st century? You are fun to read but it is too much fantasy and not enough reality. You are a Hollywood film version instead of a good documentary.

Cloggie on Thu, 24th Nov 2016 12:13 pm 



Over the past 25 years we have seen the rise of the internet and fracking, just to name two example technologies. There is no reason to assume that technological progress will halt, not as long as western civilization is around. But in the future it will be technology with low energy needs that will make it.