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Page added on September 27, 2018
Forget Peak Oil. Peak energy demand is more likely
It can be hard to get your head around just how much energy the world uses. Expressed in terms of oil, it was equivalent to almost 14 billion metric tons of the stuff in 2017. That’s like burning through all of Russia’s proved reserves in the space of 12 months, which is, in technical terms, a lot.
But there’s an even trickier issue to ponder: What does it even mean to “use” energy? Granted, that sounds like something you might hear from a stoner at the engineering faculty. But it’s an increasingly important question as renewable energy and electrification expand.
Harry Benham, an oil-industry veteran who now runs Carbury Consulting, wrote an elegant blog post this summer about the fundamental difference between thermal energy — mostly from burning stuff or splitting atoms — and what he calls the “universal energy” captured in wind and solar power. While earlier shifts, such as swapping wood for coal, are often called energy transitions, they were really substitutions of one thermal source to another. But wind and solar “are different energies in kind, not degree.”
The big thing here is waste. Broadly speaking, when you burn a gallon of gasoline, perhaps only a quarter of the energy released actually goes into turning the wheels. The rest is wasted, mostly as heat. In other words, you buy roughly four gallons of gasoline to get the useful energy of one. Renewable energy doesn’t work that way, with wind turbines or solar arrays effectively capturing energy from the ether. Yes, they only convert a portion of the energy hitting them into electricity, but that energy is infinite and hasn’t had to be mined or pumped and transported.
This presents an apples-and oranges-problem for statisticians. Here are projections of global primary energy demand in 2040 from BP Plc and the International Energy Agency:
Different Worlds
Global energy demand in 2040 looks very similar from BP’s and the IEA’s perspective, except for when it comes to renewable sources
Source: BP, International Energy Agency
Note: Projected global primary energy supply in 2040 in billion tonnes of oil equivalent.
The estimates for thermal energy from fossil fuels and nuclear power are very similar. The “other renewables” bars are different largely because BP excludes some non-traded fuels that the IEA measures.
The really interesting difference concerns hydro, solar and wind power. BP’s higher figure isn’t because it is more bullish on these. Rather, in order to make the renewables figures comparable with the ones for fossil fuels and nuclear power, BP grosses them up as if they also produced waste energy. The IEA doesn’t do this, so its figure represents just the energy derived from a solar panel, wind turbine, or hydro plant. The IEA figure is 36 percent of the BP one, similar to the 38 percent conversion factor BP uses to adjust the data.
There are pros and cons to both approaches. The IEA’s reflects the fundamentally different nature of renewable energy, but at the cost of making its share of the market look very low: Solar and wind are 11 percent of BP’s mix in 2040 but less than 4 percent of the IEA’s.
By far the biggest element in both forecasts, though, is the one you can’t see: waste.
Here are BP’s projections, but with a few adjustments. First, I’ve grouped them into thermal sources (oil, gas, coal, nuclear, biomass and biofuels), hydro power, and wind and solar power. Then, I’ve assumed a flat conversion efficiency of 38 percent for the thermal sources (i.e., the amount of useful energy they produce). This is in line with BP’s assumed average for thermal power plants and is used across the board for the sake of simplicity:
Up In Smoke
The biggest part of our projected primary energy demand, more than half, is just waste
Source: BP, Bloomberg Opinion estimates
Note: Assumes 38 percent conversion efficiency for thermal primary energy sources.
The numbers aren’t exact, but the picture is clear: Perhaps 60-70 percent of what we call primary energy isn’t usefully consumed at all.
That’s a moot point when fossil fuels plus nuclear power dominate. Their sheer energy density (the power they pack into a small volume) combined with, in the case of fossil fuels, inconsistent or absent pricing of greenhouse-gas emissions, has made them dominant. Waste heat just comes with the territory.
But as renewable energy falls in cost and makes inroads, especially in conjunction with increased electrification of things like heating and transportation, it becomes a far more interesting issue. Consider an electric car being charged mostly with power from renewable sources. If it replaces a car running on gasoline, then it doesn’t just displace the useful gallon turning the wheels, but also the other three that were just making the radiator do its job.
In his blog post, Benham proposed a thought experiment, shifting some estimates around on energy consumption and the growth of solar and wind power. Using my broad assumption on conversion, BP’s projections imply useful energy demand — that is, excluding the implied waste — growing by almost 1.2 percent a year from 2020 to 2040. Hydro power grows by about 1 percent a year (it’s hard to build dams everywhere) and solar and wind together by an average of just under 7 percent a year (front-loaded and down from 20 percent in the previous decade).
Now plug in more aggressive numbers for wind and solar, growing at an average of 10 percent instead through 2040 and dropping to 7 percent in the next decade (leaving everything else unchanged):
More Is Less
More aggressive growth projections for solar and wind power point to an intriguing possibility: Useful energy demand rising, but “primary” demand, including thermal waste, falling
Source: BP, Carbury Consulting, Bloomberg Opinion calculations
Note: Assumes 1.16% CAGR for useful energy demand; 1% for hydropower; 10% for solar/wind. Thermal includes fossil fuels, nuclear and biomass/biofuels. Waste implied by 38% conversion factor.
In case it needs to be said, this isn’t supposed to be an accurate picture of the future. The point is to show how renewable energy, at higher penetration, subverts the way we think about the world’s energy consumption. By displacing not only useful thermal energy but also the waste, renewable sources add to the overall level of useful energy while simultaneously slowing and even reversing the growth in primary energy consumption.
A growing world economy and population coupled with flat or even falling primary energy demand might seem paradoxical. But we’ve seen it happen already in the U.S. and some other countries (see this recent analysis by Nikos Tsafos at the Center for Strategic & International Studies).
At the very least, the rise of renewable sources means we should be thinking about “useful energy” as a way of adding up our needs rather than just “primary energy.” Competition from renewable technologies, coupled with higher electrification, represents a decisive break with the past. All that primary energy that isn’t actually being used is like a target on the incumbent system’s back; especially as, for some fuels, it also serves as a metaphor for more pernicious forms of waste, such as carbon dioxide. As with any other industry, such excess invites disruption.
78 Comments on "Forget Peak Oil. Peak energy demand is more likely"
Dredd on Thu, 27th Sep 2018 7:22 pm
“Forget Peak Oil. Peak energy demand is more likely”
They are the same in the sense that they are in sync with Peak Civilization (Civilization Is Now On Suicide Watch – 9).
Antius on Thu, 27th Sep 2018 7:31 pm
Indeed. Peak demand will occur when expensive energy bankrupts the economy, causing a recession that reduces the demand for energy. At that point, demand will peak, because many people will no longer be able to afford the products of energy when they have no jobs.
Of course, that isn’t how it’s being sold to us. It’s being sold as a less threatening ‘demand will peak because we now have better ways of doing things’ kind of thing.
Cloggie on Thu, 27th Sep 2018 10:49 pm
New air conditioning method invented in the US: wrap your house in plastic and reflect up to 96% of the solar radiation.
http://science.sciencemag.org/content/early/2018/09/26/science.aat9513
http://www.spiegel.de/wissenschaft/technik/kunststoff-schicht-kuehlt-ohne-energieverbrauch-a-1230481.html
Based on evaporation of water.
Test result Arizona: 6 degrees Celcius below surrounding temperature.
I AM THE MOB on Thu, 27th Sep 2018 10:57 pm
LIBERALS DON’T SHARE OR BELIEVE FAKE NEWS AS MUCH AS RIGHT-WINGERS, STUDY FINDS
https://www.newsweek.com/liberals-dont-share-believe-fake-news-much-right-wing-study-finds-800219
Its because conservatives have only double digit IQ’s..And conservatives are religious people who are morons who will believe anything, no matter how far fetched..
Antius on Thu, 27th Sep 2018 11:42 pm
I have yet to meet a single ‘liberal’ (as Millimind describes them) that did not have serious emotional problems. Maybe these people are simply not open to new ideas, being stubborn and mentally ill?
GetAVasectomyAndLetTheHumanSpecieDie on Fri, 28th Sep 2018 12:41 am
Canada population explosion — the biggest gain since 1957 — fuelled by international migration
https://business.financialpost.com/news/economy/migration-drives-canadas-biggest-population-gain-since-1957#comments-area
Statistics Canada released preliminary estimates Thursday that showed the country’s population hitting 37.1 million on July 1, up 518,588 from a year earlier. That’s the biggest gain since 1957. In growth terms, the 1.4 per cent increase is the fastest pace in almost 30 years and the highest among Group of Seven nations.
ME: I strongly believe that Canada is trying to save Canada debt ponzi scheme by voluntary flooding Canada with immigrants. I expect Canada financial collapse next year.
I also said to watch mass migration between and within countries because i believe that are a good indicators of net energy depletion
GetAVasectomyAndLetTheHumanSpecieDie on Fri, 28th Sep 2018 1:12 am
Another person talking about the dead of western civilization
https://www.youtube.com/watch?v=BggRlaSL3QU
boney joe on Fri, 28th Sep 2018 3:37 am
I have yet to meet a single conservative that did not have serious emotional problems.
boney joe on Fri, 28th Sep 2018 3:43 am
conservative = greedy, selfish, environment destroying, haters, often pedophiles and homosexual (the house and senate are loaded with current and former Republicans who were receiving a Family Council of the Year Award while at the same time getting their dick sucked by some abused under age boy).
Davy on Fri, 28th Sep 2018 4:22 am
I am for liberal ideas of social and ecosystem justice. I am against unbridled capitalism that liberalism is for. I am also against liberal tactics and victimization attitudes. The hypocrisy of action, and the means justify the ends of so called holier than thou liberal elitism. The corruption of science by the fake green liberal. The corruption of academia and its political use. The not in my back yard of the rich, privileged, and stuck up liberal.
Anonymouse1 on Fri, 28th Sep 2018 5:13 am
The current system is predicated on waste. And waste, is what amerika grate. Bigger, less efficient cars, jets to skitter around the country in, instead of trains. Suburbia, wall-mart, the JIT economy, and on and on.
Waste is good. And it is, has been, for the amerikan elite, that have indoctrinated their own docile and imbecilic population with this credo, while exporting it anywhere, and everywhere they could.
Greed might grease the wheels in amerika, but waste, is what keeps them turning.
The only thing surprising about all this, is that so-called ‘conservatives’ (aka retards, davyturd, narrativeman being prime examples,), are not for, or about ‘conserving’ anything, period. Quite the opposite really.
If it can be dug up, stripped-mined, burnt, or dumped into the nearest ocean, atmosphere or waterway to make room for the next load of designed to fail crap you can buy on credit, you know these amerikan ‘conservatives’ are going to be all over that shit.
Davy on Fri, 28th Sep 2018 5:17 am
Look in the mirror you hypocritical millennial Canadian anti-American. When have you said anything normal without spite, hate, and exaggeration? You represent all that is wrong in the world and why it is heading into the gutter of fake and hypocritical righteous indignation.
Antius on Fri, 28th Sep 2018 6:05 am
“conservative = greedy, selfish, environment destroying, haters, often pedophiles and homosexual (the house and senate are loaded with current and former Republicans who were receiving a Family Council of the Year Award while at the same time getting their dick sucked by some abused under age boy).”
Greed and a desire to feather one’s own nest is endemic across the political spectrum it is a basic human failing that is built into us by evolution. Developing a certain political opinion does not insulate a person from the desire for wealth and the greed for more. One look at the ‘oh so progressive’ Clintons should tell you that. They accepted bribe money from the Russians for god’s sake. They are multi-millionaires and much of their fortune was accumulated by taking thinly disguised bribes. They did this for personal reasons that have little to do with politics. They are greedy bastards with a deficit of conscience.
Again, there are perverts just about everywhere. In the UK at least, the Liberal Democrats became notorious for housing a disproportionate number of them. This is mainly because their policies were soft towards sexual deviants; they pretty much have an ‘anything goes’ philosophy from that point of view. You will find more perverts in left wing circles, because they exploit the interests of ‘groups’ in exchange for support and because conservatives are less likely to display an ‘understanding’ attitude towards these people. But you will find examples of them everywhere; even in the far right if you look hard enough. There are plenty of other people across the political spectrum that are generally upstanding, but have experienced ‘failings’ such as extramarital affairs; clumsy romantic advances that are later interpreted as ‘sexual harassment’. It is disappointing, but it happens. People aren’t perfect; they have the desire to reproduce built into them; and depression, stress and a decline in personal fortunes will always test their resolve.
What I find uniquely despicable about the political left is their inability to respect the right of people to hold and disseminate contrary opinions. This makes them fundamentally undemocratic. If you disagree with these people they view you as an enemy to be crushed – hence their witch hunts against people like Kavanaugh. They will happily ruin this man not because of anything he did, but because he stands in their way. They are spiteful in a way that is difficult to understand from a conservative viewpoint. This stems from ruthlessness in gaining the power needed to enact utopian political ideals that have overwhelming importance to them. Nothing must be allowed to stand in their way. This is why left wing political philosophies lead so easily to totalitarian regimes. A democratic system is based upon the idea of debate and dissent, all of the things that a utopian mind cannot tolerate. These people cannot tolerate anyone that doesn’t agree with them or any ordinary discourse that might lead to people disagreeing with them. If you think that way, you are indeed mentally ill, because you cannot participate in any of the normal compromises or interactions that constitute a balanced society.
Antius on Fri, 28th Sep 2018 6:32 am
“Its because conservatives have only double digit IQ’s..And conservatives are religious people who are morons who will believe anything, no matter how far fetched..”
How does that apply to people that started out as ‘liberals’ when they were young and stupid; and ended up being ‘conservative’ when they actually learned a few things about how the world really works?
I would place myself in the category. Cloggie also apparently went through that transition. Maybe at some point, I realised that the world wasn’t interested in my adolescent utopian fantasies. According to Millimind, I must have had a stroke or something.
Watching New Labour turn the UK into an oppressive police state, pretty much cured me of any lingering left-wing utopianism that may have lingered in the darkest recesses of my soul. It became clear to me at that point that those sorts of ideals were profoundly unnatural and the only way of enacting them was through brutal oppression.
Davy on Fri, 28th Sep 2018 6:37 am
How does that apply to someone who never fit into either way of thinking but draws on both? How about rejecting the tactics of both movements as dirty, petty, and hypocritical?
Antius on Fri, 28th Sep 2018 7:05 am
Conservatism isn’t a movement as such; it is a way of thinking. Not all people that call themselves ‘conservative’ will display that mindset.
It is about accepting that society is an organic evolutionary construct of individuals, that is inherently imperfect and in a perpetual state of balance and compromise. It will never evolve into a higher form; the best we can hope for is a model that adjusts to changing circumstances.
Conservative ideals are based upon gradual adjustments rather than sweeping change; hence their tendency to respect evolved traditions and make minimal changes. The ideal solution is one that balances as many peoples’ needs as possible, allowing individuals to thrive and according them the greatest possible self-determination. They are inherently anti-utopian. When you understand society in this way, you begin to understand why left-wing utopian concepts like socialism and multiculturalism are so toxic to any kind of social life.
Most of Davy’s thinking appears to be conservative. Cloggie tends to be a little more utopian, although he can see the error behind many utopian ideals. I find myself fluctuating depending upon what mood I am in. As an engineer I at least know that there is no such thing as a final solution. The solution is always the best fit between competing needs.
Davy on Fri, 28th Sep 2018 7:18 am
I agree with your view of the essence of conservatism until you mix in politics, religion, and raw sentiment. What makes conservatism even more problematic is when you have the harnessing of the uneducated towards a political end. Once you do that there are qualities of a movement and plenty of bad results. The sad part of modern liberalism is they are taking the bad behavior of the conservatives and putting it on steroids with particularly dirty results.
boney joe on Fri, 28th Sep 2018 4:13 pm
“Most of Davy’s thinking appears to be conservative.”
Anus wins a prize.
“No, I’m neutral, balanced, and fair.”
DavyDonaldTurd’s (DDT) most consistent and reliable personality characteristic is hypocrisy and lies.
boney joe on Fri, 28th Sep 2018 4:26 pm
EXPANDED VERSION:
conservative = greedy, selfish, environment destroying, haters, hypocrites, pro-Israel at any price, rapture loving, anti-science, anti-AGW, pro-prison industrial complex, pro-war on drugs, pro-military industrial complex, anti-education, corrupt, tax cuts for the rich, often pedophiles and homosexual (the house and senate are loaded with current and former Republicans who were receiving a Family Council of the Year Award while at the same time getting their dick sucked by some abused under age boy).
Antius on Fri, 28th Sep 2018 4:43 pm
Boney Joe, you need a really world class psychiatrist. And maybe some salt and pepper, for that chip on your shoulder!
There is no point debating anything with the mentally ill.
Davy on Fri, 28th Sep 2018 6:19 pm
joe sock is irrelevant. I avoid him because why argue with a low intellect individual over nothing? If he were to present a real comment then I would deal with him. He is worse than the gimp with noise making. The gimp does give a real comment once a month near his menstruation.
makati1 on Fri, 28th Sep 2018 8:42 pm
Boney joe, your definition is spot on! Only the blind in America cannot see the truth, or want to deny it.
I look forward to your honest definition of Liberals.
makati1 on Fri, 28th Sep 2018 8:46 pm
“Antius and Davy, sittin’ in a tree, K-I-S-S-I-N-G…” Two peas in a rotting pod. LMAO
boney joe on Fri, 28th Sep 2018 9:09 pm
“joe sock is irrelevant. I avoid him.”
I avoid him except when I make a further fool of myself by not avoiding him.
DavyDonaldTurd’s (DDT) most consistent and reliable personality characteristics are hypocrisy and habitual lies.
What a lunatic fringe douche bag of the first order.
Duncan Idaho on Fri, 28th Sep 2018 9:16 pm
boney joe–
Such clarity and observation—
Cloggie on Fri, 28th Sep 2018 9:22 pm
Does this antifa clown, stalker and expert on all things lesbian, I mean boney joel, have opinions related to oil or energy? Probably not. Just another leftist hater, eagerly awaiting a US social revolution that should “deal” with “greedy Trump voters” once and for all.
If he only knew what would happen next.
boney joe on Fri, 28th Sep 2018 9:22 pm
Naturally, there’s no point in debating a statement of fact. And these are the people you and DavyTurd so “valiantly” defend. This is the textbook definition of mental illness, Antus.
conservative = greedy, selfish, environment destroying, haters, hypocrites, pro-Israel at any price, rapture loving, anti-science, anti-AGW, pro-prison industrial complex, pro-war on drugs, pro-military industrial complex, anti-education, corrupt, tax cuts for the rich, often pedophiles and homosexual (the house and senate are loaded with current and former Republicans who were receiving a Family Council of the Year Award while at the same time getting their dick sucked by some abused under age boy).
boney joe on Fri, 28th Sep 2018 9:36 pm
Mak, I have not yet become so hopefully nihilistic that I don’t believe in anything except death and destruction.
I am proud to say that I’m a moderate to lifelong Democratic voter most of the time. I can and I will defend my point of view, particularly against the rabid and partisan Republican hacks on this site.
Normally, I RESPOND to factually erroneous statements. For example, Neutral-Fair-Balanced DavyTurd frequently quotes easily proven fake conspiracy stories in an attempt to discredit Democrats.
Someone for God’s sake has a moral obligation to set the record straight to prevent discredited Republican fake news from being presented as true, neutral, fair, and balanced.
The perpetuation of fake news stories to influence the electorate is one of the most vile and disgusting acts in the Republican bag of dirty tricks.
Boat on Fri, 28th Sep 2018 10:24 pm
Boney joe
Tell me what’s wrong with Dem beliefs. Bet I can name some you miss.
Boat on Fri, 28th Sep 2018 10:38 pm
Antius
Peak oil represents about 1.3 mbpd historically and 1.5 at the present time. Write it down. Tech will kill demand before the economic crash that has been promised forever.
I AM THE MOB on Fri, 28th Sep 2018 10:46 pm
Did the Oil Price Boom of 2008 Cause Crisis?
https://blogs.wsj.com/economics/2009/04/03/did-the-oil-price-boom-of-2008-cause-crisis/
Peak oil caused the 08 crash, they dragged it out a few years by creating money, lowering the interest rate, and dumping cash down the sinkhole that is fracking, but the collapse process has already been initiated..
Buckle up, it’s gonna be a bumpy ride..
I AM THE MOB on Fri, 28th Sep 2018 10:47 pm
The Inevitable Oil Supply Crunch
“The warning signs are there – the industry isn’t finding enough oil.”
That’s the start of a new report from Wood Mackenzie, which concludes that a supply gap could emerge in the mid-2020s as demand rises at a time when too few new sources of supply are coming online. By 2030, there could be a supply shortfall on the order of 3 million barrels per day (mb/d), WoodMac argues. By 2035, it balloons to 7 mb/d, and by 2040, it reaches 12 mb/d. “Barring technology breakthrough beyond what we already assume, we’ll need new oil discoveries,” the report says.
The precise figures vary, but Rystad Energy came a similar conclusion, noting that the total volume of new oil and gas reserves discovered plunged to a record low in 2017. “We haven’t seen anything like this since the 1940s,” Sonia Mladá Passos, Senior Analyst at Rystad Energy, said in a December 2017 statement. “The most worrisome is the fact that the reserve replacement ratio in the current year reached only 11% (for oil and gas combined) – compared to over 50% in 2012.”
But, of course, that rate of discovery remains far below those levels, so the supply crunch may take place much sooner. Moreover, because large-scale projects take several years to develop, the activity taking place today will determine the supply mix in the mid- to late-2020s.
https://oilprice.com/Energy/Energy-General/The-Inevitable-Oil-Supply-Crunch.html
I AM THE MOB on Fri, 28th Sep 2018 10:50 pm
Iran’s president suggests Trump has “Nazi disposition”
https://www.axios.com/rouhani-says-trump-nazi-disposition-at-un-general-assembly-b5059a82-ad60-47cc-8ad7-6f2edde50366.html
I AM THE MOB on Fri, 28th Sep 2018 10:50 pm
End of the Oilocene: The Roar of the Oil-Fizzle Dragon King
http://www.feasta.org/2018/09/20/end-of-the-oilocene-the-roar-of-the-oil-fizzle-dragon-king/
makati1 on Fri, 28th Sep 2018 11:10 pm
“I am proud to say that I’m a moderate to lifelong Democratic voter most of the time. I can and I will defend my point of view, particularly against the rabid and partisan Republican hacks on this site.” (The pot calling the kettle black. LOL)
Boney, there is no left or right, Democrat or Republican in America. There is only the Neocons using both sides against each other. Your vote is meaningless. Your political beliefs are meaningless. Your “defense” of the Left is meaningless.
Until Americans are willing to die in the streets of America to take back their country, the slavery/destruction will only get worse. TPTB laugh at the chaos they have created. They will keep draining your blood until you die and then they will move on to new sources. Your America will be truly3rd world by then, never to recover.
Get outside of the US MSM Iron Curtain and look at the US from the another country. You will be amazed at how ridiculous all of the posturing and tweets and the he/she/it sexual confrontation freak side show really is. You allow it to happen by doing nothing about it but complain about your imaginary foe, Conservatives.
I watch from the Philippines and am enjoying the show, knowing that the end is going to very painful for Americans, and well deserved. The Dictatorship police state is almost complete. Be patient.
boney joe on Fri, 28th Sep 2018 11:30 pm
Duncan Idaho-
Thank you, brother. The truth is what matters and this is why the right-wing lunatic fringe on this site is so unnerved. Nor will I allow the bastards to bully me into silence.
The Dems. need to get tough with the Cons. This explains why:
“The successful Republican effort to block the appointment of Merrick Garland to the Supreme Court, and their elevation of Kavanaugh, shows that the GOP views the Supreme Court as simply another vehicle for partisan interests. The Republican Party feels no need to serve any civil obligations, only to pursue its own ideological objectives. Until Democrats view the Court in similar terms, they will continue to lose.
The lesson of the Trump era, since his nomination for president, has been that Republicans will pay no political price for the shattering of rules or norms, or for disregarding common decency, because the Democrats are unwilling or unable to extract one. As long as this is the case, Republicans have no reason to respect any of those things. If Republicans pay a price for confirming Kavanaugh, it will only be because the American electorate has had enough.” The Atlantic
Cloggie on Sat, 29th Sep 2018 1:00 am
“Peak oil caused the 08 crash,”
It didn’t.
2008 was the so-called “subprime loan crisis”. Banks were saddled with tons of loans that were never going to be paid back. Due to political pressure, banks were forced to dole out mortages to people who under normal conditions would never have got them due to lack of creditworthyness. 2008 was the first sure sign that the US are becoming a third world country.
Davy on Sat, 29th Sep 2018 4:54 am
“I am proud to say that I’m a moderate to lifelong Democratic voter most of the time.”
Another example why the democrats are flushing themselves down the stool.
Davy on Sat, 29th Sep 2018 4:57 am
“The Dems. need to get tough with the Cons. This explains why:”
dumbass, learn how to properly reference and present an article to the board. Title with quotations, reference link, then content with quotations. You do this so we know your sources and we know if it is the source content being presented or your content.
Davy on Sat, 29th Sep 2018 5:02 am
“boney joe– Such clarity and observation”
I lost respect for you Idaho when you started spouting off your liberalism then interjected about fly fishing on the Copper and all your trips here and there and how you hang with actors and such. You are one of those asshole liberal elite not in my backyard types and do like I say not like I do fakes. Elitism, privilege, and asshole is my “clarity and observation”
Davy on Sat, 29th Sep 2018 5:07 am
“Antius and Davy, sittin’ in a tree, K-I-S-S-I-N-G…” Two peas in a rotting pod. LMAO”
Well, billy, I find Antius on one end of the intellectual spectrum and you on the other of dumb. You want to act smart and clever but really you are just a worn out old man spending his last days in a cheap fake paradise spewing hate and resentment for your failed and miserable life in the US. You must of really had a bad time in the US to carry on such anger. Intelligent people look in the mirror for what part they played in their failed life you point fingers at others and perpetuate your failed attitudes.
Anonymouse1 on Sat, 29th Sep 2018 5:09 am
ROFL, you regularly cut and paste w/o attribution whenever the fancy strikes you exceptionalturd. You should learn to follow your own ‘advice’ first, before presuming to lecture others on what is one of your (many) and obvious, flaws.
Of course, this is hardly surprising, since you regularly project your own failings onto others. A feature with you, not a bug, as we’ve all come to recognize.
The best thing for all concerned, would be if you just go away. Maybe, take up a hobby or something like, I dont know, how about ‘farming’? How does that sound dumbass? Or if that is a little too ambitious for your lazy, dumbass to contemplate, maybe clean up some of the rotting tires, vegetation, old fridges and sofas etcs, that dot the landscape of your .5 acre estate.
But really, you should just go away. That would really be the best thing you could do.
Davy on Sat, 29th Sep 2018 5:15 am
“2008 was the so-called “subprime loan crisis”.
There is more to it neder. It was about a housing bubble and exotic financial vehicles. It was about a commodity super cycle especially with oil. The crisis then came with a bankruptcy of a TBTF financial entity and then the cascade of unintended consequences when Lehman Bros was allowed to fail. It was about a near “Minsky Moment” of economic paralysis. Peak oil dynamics and subprime excesses were only part of the issue.
Davy on Sat, 29th Sep 2018 5:20 am
Gimp I am surprised you didn’t whine about a sock this or a sock that. LOL. You are mentally unstable with ugly personality problems. A young kid with no personality who gets his kicks attacking people. You are irrelevant and contribute next to nothing to this comment board. Whenever a real topic is debated I bury you. Remember the tar sands discussion are you still ROFL?
Antius on Sat, 29th Sep 2018 10:03 am
”
“Peak oil caused the 08 crash,”
It didn’t.
2008 was the so-called “subprime loan crisis”. Banks were saddled with tons of loans that were never going to be paid back. Due to political pressure, banks were forced to dole out mortages to people who under normal conditions would never have got them due to lack of creditworthyness. 2008 was the first sure sign that the US are becoming a third world country.”
Actually, I believe that you are both correct. Looking at the the 2008 crisis some 10 years on, it is clear that it represented a confluence of several economic problems.
On the one hand, banks were lending far outside any sensible lending criteria. When I bought my first house in 2006, the bank was prepared to lend me up to several times my income. In some cases, people were borrowing up to 10 times their income on interest only mortgages, waiting for inflation to erode the value of the excess. It was asking for trouble.
You can blame Obama for at least part of that. As a lawyer, his specialism was suing banks that refused to grant mortgages to economically insecure blacks. But he was pushing against an open door. Banking deregulation had been going on slowly on both sides of the pond since the late 80s.
To make things worse, debt was packaged into financial tools (derivatives) that destroyed the transparency of the system. This made it difficult for individual banks to keep track of their individual financial assets.
On top of that, globalization was steadily undermining the earning power of the middle classes and due to the shrinking of the American and European white populations, working age populations were peaking.
Add onto that the heavy rise in US interest rates that occurred in 2005 and the rapid rise in oil prices (both of which eroded disposable income) and you have all of the ingredients for a perfect storm.
We are headed for another such crisis. Once again, increasing energy cost of energy, along with rising interest rates will be the pin that bursts the bubble. As things stand, the US and European stock markets and real estate just about everywhere, have never been so overvalued compared to Real GDP. The day of reckoning is not far off.
Antius on Sat, 29th Sep 2018 10:41 am
“conservative = greedy, selfish, environment destroying, haters, hypocrites, pro-Israel at any price, rapture loving, anti-science, anti-AGW, pro-prison industrial complex, pro-war on drugs, pro-military industrial complex, anti-education, corrupt, tax cuts for the rich, often pedophiles and homosexual (the house and senate are loaded with current and former Republicans who were receiving a Family Council of the Year Award while at the same time getting their dick sucked by some abused under age boy).”
Boney Joe, you said all that me same stuff in your previous post. Do you think I missed reading it the first time?
Do you seriously think that paedophilia is a right-wing conservative thing? Are you that self-deluded that you think paedophiles actually accumulate in conservative circles? Conservatives are far less likely to be tolerant of sexual perversion (including homosexuality) than the far-left. Did that fact evade you?
Some of the things you cite are more legitimate concerns I think. Environmental issues, military industrial complex, Israeli lobby, the abusiveness of the anti drug ‘war’, failure to get to grips with income inequality. Those are failings of the left-wing as well, but the conservative right has made less of an attempt to deal with these problems. The US political system is rotten on both sides.
Many of these problems have more to do with the general failure of big government institutions attempting to deal with problems and the failure of human beings to wrap their minds around complex issues, than they do any partisan political failings.
On global warming and environmental issues you may have something of a point. Conservative political groups have not been as proactive as they should have been on these issues, especially in the US. But the issue has become a political football; the far left using it as a political tool and the political right burying it in an attempt to undermine left-wing political programmes and improve economic growth. The government record on this issue is less than admirable and there is plenty of blame on both sides.
Just because the US political right are not as good as they should be, does not mean that the lunatic political left are a good and viable option.
Antius on Sat, 29th Sep 2018 12:10 pm
Macron vows to punish European states that refuse to accept migrants.
https://www.jihadwatch.org/2018/09/frances-macron-vows-to-punish-european-states-that-wont-accept-mass-muslim-migration
So much for acting populist.
GetAVasectomyAndLetTheHumanSpecieDie on Sat, 29th Sep 2018 1:06 pm
Every politicial in Western countries is pushing mass migration and speially muslim migration.
In Canada we have a so called populist politician called Maxime Bernier. He called himself a populist but he is calling for 250 000 legal immigrants in his political platform.
This new populism leader even said in an interview: if you are not for mass migration, you are not welcomed in my party.
All politician in Western countries support Muslim mass migration. One reason I come up with is that Whites people birth rate is really low and Whites people could be a really small minority in 20 years. So they are trying to preserve Western Whites technological achievements by flooding Whites countries with low IQ shit skin Muslim.
It is not going to work for globalist. Globalist are trying to save Western civilization with Muslim Mass migration are now killing Western civilization. Globalist are too stupid to see that. So funny watching this world going down the drain because of rich, greedy globalist.
I also think the globalist are trying to generate growth in Western countries in attempt to save the debt pyramid. Globalist own the debt pyramid and don’t want it to collapse.
GetAVasectomyAndLetTheSpecieDie on Sat, 29th Sep 2018 1:23 pm
Western civilization is dead. It is dead because of Whites low birth rate and beta cuck man also called feminize man. These feminize mans are everywhere:Trudeau, Macron, Scheer to name just a few.
Feminized man are not willing to use violence to preserve the Western civilization, so it is dying. Western civilization is so dead now that it cannot be revived.
David Yeagley: “The Dread (or Fear) of Whiteness”
https://www.youtube.com/watch?v=KT7MK13PyMw
He talk about that starting at 41:45 if you don’t want to listen to the whole video
GetAVasectomyAndLetTheHumanSpecieDie on Sat, 29th Sep 2018 1:52 pm
I don’t know how accurate, but his guy claim there is a Whites flight.
https://www.youtube.com/watch?v=MYRPzxldsPQ
Watch mass migration between countries and within countries will give you a good ideas how stress is the system