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Page added on July 18, 2020
Gail Tverberg: Why a Great Reset Based on Green Energy Isn’t Possible
It seems like a reset of an economy should work like a reset of your computer: Turn it off and turn it back on again; most problems should be fixed. However, it doesn’t really work that way. Let’s look at a few of the misunderstandings that lead people to believe that the world economy can move to a Green Energy future.
[1] The economy isn’t really like a computer that can be switched on and off; it is more comparable to a human body that is dead, once it is switched off.
A computer is something that is made by humans. There is a beginning and an end to the process of making it. The computer works because energy in the form of electrical current flows through it. We can turn the electricity off and back on again. Somehow, almost like magic, software issues are resolved, and the system works better after the reset than before.
Even though the economy looks like something made by humans, it really is extremely different. In physics terms, it is a “dissipative structure.” It is able to “grow” only because of energy consumption, such as oil to power trucks and electricity to power machines.
The system is self-organizing in the sense that new businesses are formed based on the resources available and the apparent market for products made using these resources. Old businesses disappear when their products are no longer needed. Customers make decisions regarding what to buy based on their incomes, the amount of debt available to them, and the choice of goods available in the marketplace.
There are many other dissipative structures. Hurricanes and tornadoes are dissipative structures. So are stars. Plants and animals are dissipative structures. Ecosystems of all kinds are dissipative structures. All of these things grow for a time and eventually collapse. If their energy source is taken away, they fail quite quickly. The energy source for humans is food of various types; for plants it is generally sunlight.
Thinking that we can switch the economy off and on again comes close to assuming that we can resurrect human beings after they die. Perhaps this is possible in a religious sense. But assuming that we can do this with an economy requires a huge leap of faith.
[2] Economic growth has a definite pattern to it, rather than simply increasing without limit.
Many people have developed models reflecting the fact that economic growth seems to come in waves or cycles. Ray Dalio shows a chart describing his view of the economic cycle in a preview to his upcoming book, The Changing World Order. Figure 1 is Dalio’s chart, with some annotations I have added in blue.
Figure 1. New World Order chart by Ray Dalio from an introduction to his theory called The Changing World Order. Annotations in blue added by Gail Tverberg.
Modelers of all kinds would like to think that there are no limits in this world. Actually, there are many limits. It is the fact that economies have to work around limits that leads to cycles such as these. Some examples of limits include inadequate arable land for a growing population, inability to fight off pathogens, and an energy supply that becomes excessively expensive to produce. Cycles can be expected to vary in steepness, both on the upside and the downside of the cycle.
The danger of ignoring these cycles is that researchers tend to create models of future economic growth and future energy consumption that are far out of sync with what really can be expected. Accurate models need to include at least some limited version of overshoot and collapse on a regular basis. Models of the future economy tend to be based on what politicians would like to believe will happen, rather than what actually can be expected to happen in the real world.
[3] Commodity prices behave differently at different stages of the economic cycle. During the second half of the economic cycle, it becomes difficult to keep commodity prices high enough for producers.
There is a common belief that demand for energy products will always be high, because everyone knows we need energy. Thus, according to this belief, if we have the technology to extract fossil fuels, prices will eventually rise high enough that fossil fuels resources can easily be extracted. Many people have been concerned that we might “run out” of oil. They expect that oil prices will rise to compensate for the shortages. Thus, many people believe that in order to maintain adequate supply, we should be concerned about supplementing fossil fuels with nuclear power and renewable energy.
If we examine oil prices (Figure 2), it is apparent that, at least recently, this is not the way oil prices actually behave. Since the spike in oil prices in 2008, the big problem has been prices that fall too low for oil producers. At prices well below $100 per barrel, development of many new oil fields is not economic. Low oil prices are especially a problem in 2020 because travel restrictions associated with the coronavirus pandemic reduce oil demand (and prices) even below where they were previously.
Figure 2. Weekly average spot oil prices for Brent, based on data of the US Energy Information Administration.
Strangely enough, coal prices (Figure 3) seem to follow a very similar pattern to oil prices, even though coal is commonly believed to be available in huge supply, and oil is commonly believed to be in short supply.
Figure 3. Selected Spot Coal Prices, from BP’s 2020 Statistical Review of World Energy. Prices are annual averages. Price for China is Qinhuangdao spot price; price for US is Central Appalachian coal spot index; price for Europe is Northwest European marker price.
Comparing Figures 2 and 3, we see that prices for both oil and coal rose to a peak in 2008, then fell back sharply. The timing of this drop in prices corresponds with the “debt bust” in late 2008 that is shown in Figure 1.
Prices then rose to another peak in 2011, after several years of Quantitative Easing (QE). QE is intended to hold the cost of borrowing down, encouraging the use of more debt. This debt can be used by citizens to buy more goods made with coal and oil (such as cars and solar panels). Thus, QE is a way to increase demand and thus help raise energy prices. In the 2011-2014 period, oil was able to maintain its price better than coal, perhaps because of its short supply. Once the United States discontinued its QE program in 2014, oil prices dropped like a rock (Figure 2).
Prices were very low in 2015 and 2016 for both coal and oil. China stimulated its economy, and prices for both coal and oil were able to rise again in 2017 and 2018. By 2019, prices for both oil and coal were falling again. Figure 2 shows that in 2020, oil prices have fallen again, as a result of demand destruction caused by pandemic shutdowns. Coal prices have also fallen in 2020, according to Trading Economics.
[4] The low prices since mid-2008 seem to be leading to both peak crude oil and peak coal. Crude oil production started falling in 2019 and can be expected to continue falling in 2020. Coal extraction seems likely to start falling in 2020.
In the previous section, I showed that crude oil and coal both have the same problem: Prices tend to be too low for producers to make a profit extracting them. For this reason, investment in new oil wells is being reduced, and unprofitable coal mines are being closed.
Figure 4 shows that world crude oil production has not grown much since 2004. In fact, OPEC’s production has not grown much since 2004, even though OPEC countries report high oil reserves so, in theory, they could pump more oil if they chose to.
Figure 4. World crude oil production (including condensate) based on data from BP’s 2020 Statistical Review of World Energy. Russia+ refers to the group Commonwealth of Independent States.
In total, BP data shows that world crude oil production fell by 582,000 barrels per day, comparing 2019 to 2018. This represents a drop of 2.0 million barrels per day in OPEC production, offset by smaller increases in production for the US, Canada, and Russia. Crude oil production is expected to fall further in 2020, because of low demand and prices.
Because of continued low coal prices, world coal production has been on a bumpy plateau since 2011. Prices seem to be even lower in 2020 than in 2019, putting further downward pressure on coal extraction in 2020.
Figure 5. World coal production based on data from BP’s 2020 Statistical Review of World Energy.
[5] Modelers missed the fact that fossil fuel extraction would disappear because of low prices, leaving nearly all reserves and other resources in the ground. Modelers instead assumed that renewables would always be an extension of a fossil fuel-powered system.
The thing that most people do not understand is that commodity prices are set by the laws of physics, so that supply and demand are in balance. Demand is really very close to “affordability.” If there is too much wage/wealth disparity, commodity prices tend to fall too low. In a globalized world, many workers earn only a few dollars a day. Because of their low wages, these low-paid workers cannot afford to purchase very much of the world’s goods and services. The use of robots tends to produce a similar result because robots can’t actually purchase goods and services made by the economy.
Thus, modelers looking at Energy Return on Energy Invested (EROI) for wind and for solar assumed that they would always be used inside of a fossil fuel powered system that could provide heavily subsidized balancing for their intermittent output. They made calculations as if intermittent electricity is equivalent to electricity that can be controlled to provide electricity when it is needed. Their calculations seemed to suggest that making wind and solar would be useful. The thing that was overlooked was that this was only possible within a system where other fuels would provide balancing at a very low cost.
[6] The same issue of low demand leading to low prices affects commodities of all kinds. As a result, many of the future resources that modelers count on, and that companies depend upon as the basis for borrowing, are unlikely to really be available.
Commodities of all kinds are being affected by low demand and low selling prices. The problem giving rise to low prices seems to be related to excessive specialization, excessive use of capital goods to replace labor, and excessive use of globalization. These issues are all related to the needs of a world economy that depends on a high level of technology. In such an economy, too much of the output of the economy goes to producing devices and to paying highly trained workers. Little is left for non-elite workers.
The low selling prices of commodities makes it impossible for employers to pay adequate wages to most of their workers. These low wages, in turn, feed through to the uprisings we have been seeing in the last couple of years. These uprisings are part of “Revolutions and Wars” mentioned in Figure 1. It is difficult to see how this problem will disappear without a major change in the “World Order,” mentioned in the same figure.
Because the problem of low commodity prices is widespread, our ability to produce electrical backup of all kinds, including the ability to make batteries, can be expected to become an increasing problem. Commodities, such as lithium, suffer from low prices, not unlike the low prices for coal and oil. These low prices lead to cutbacks in their production and local uprisings.
[7] On a stand-alone basis, intermittent renewables have very limited usefulness. Their true value is close to zero.
If electricity is only available when the sun is shining, or when the wind is blowing, industry cannot plan for its use. Its use must be limited to applications where intermittency doesn’t matter, such as pumping water for animals to drink or desalinating water. No one would attempt to smelt metals with intermittent electricity because the metals would set at the wrong time, if the intermittent electricity suddenly disappeared. No one would power an elevator with intermittent electricity, because a person could easily be trapped between floors. Homeowners would not use electricity to power refrigerators, because, as likely as not, the food would spoil when electricity was off for long periods. Traffic signals would work sometimes, but not others.
Lebanon is an example of a country whose electricity system works only intermittently. It is hard to imagine that any other country would want to imitate Lebanon. Lack of reliable electricity supply leads to protests in Lebanon.
[8] The true cost of wind and solar has been hidden from everyone, using subsidies whose total cost is hard to determine.
Each country has its own way of providing subsidies to renewables. Most countries give wind and solar the subsidy of “going first.” They are often given a fixed rate as well. Both of these are subsidies. In the US, other subsidies are buried in the tax system. Recently, there has been talk of using QE to help wind and solar providers lower their cost of borrowing.
Newspapers regularly report that the price of wind and solar is at “grid parity,” but this is not an apples to apples comparison. To be useful, electricity needs to be available when users need it. The cost of storage is far too high to allow us to store electricity for weeks and months at a time.
If we were to use intermittent electricity as a substitute for fossil fuels in general, we would need to use intermittent electricity to heat homes and offices in winter. Sunshine is abundant in the summer, but not in the winter. Without storage, solar panels cannot even be counted on to provide homeowners with heat for cooking dinner after the sun sets in the evening. An incredibly huge amount of storage would be needed to store heat from summer to winter.
China reports that it has $42 billion in unpaid clean energy subsidies, and this amount is getting larger each year. Countries are now becoming poorer and the taxes they are able to collect are lower. Their ability to subsidize a high cost, unreliable electricity system is disappearing.
[9] Wind, solar, and hydroelectric today only comprise a little under 10% of the world’s energy supply.
We are deluding ourselves if we think we can get along on such a tiny total energy supply.
Figure 6. Hydroelectric, wind, and solar electricity as a percentage of world energy supply, based on BP’s 2020 Statistical Review of World Energy.
Few people understand what a small share of the world’s energy supply wind and solar provide today. The amounts shown in Figure 6 assume that the denominator is total energy (including oil, for example) not just electricity. In 2019, hydroelectric accounted for 6.4% of world energy supply. Wind accounted for 2.2%, and solar accounted for 1.1%. The three together amounted to 9.7% of the world’s energy supply.
None of these three energy types is suited to producing food. Oil is currently used for tilling fields, making herbicides and pesticides, and transporting refrigerated crops to market.
[10] Few people understand how important energy supply is for giving humans control over other species and pathogens.
Control over other species and pathogens has been a multistage effort. In recent years, this effort has involved antibiotics, antivirals and vaccines. Pasteurization became an important technique in the 1800s.
Human’s control over other species started over 100,000 years ago, when humans learned to burn biomass for many uses, including cooking foods, scaring away predators, and burning down entire forests to improve their food supply. In my 2018 post, Supplemental energy puts humans in charge, I wrote about one proof of the importance of humans’ control of fire. In the lower layers of a cave in South Africa, big cats were in charge: There were no carbon deposits from fire and gnawed human bones were scattered around the cave. In the upper layers of the same cave, humans were clearly in charge. There were carbon deposits from fires, and bones of big cats that had been gnawed by humans were scattered around the cave.
We are dealing with COVID-19 now. Today’s hospitals are only possible thanks to a modern mix of energy supply. Drugs are very often made using oil. Personal protective equipment is made in factories around the world and shipped to where it is used, generally using oil for transport.
Conclusion
We do indeed appear to be headed for a Great Reset. There is little chance that Green Energy can play more than a small role, however. Leaders are often confused because of the erroneous modeling that has been done. Given that the world’s oil and coal supply seem to be declining in the near term, the chance that fossil fuel production will ever rise as high as assumptions made in the IPCC reports seems very slim.
It is true that some Green Energy devices may continue to operate for a time. But, as the world economy continues to head downhill, it will be increasingly difficult to make new renewable devices and to repair existing systems. Wholesale electricity prices can be expected to stay very low, leading to the need for continued subsidies for wind and solar.
Figure 1 indicates that we can expect more revolutions and wars at this stage in the cycle. At least part of this unrest will be related to low commodity prices and low wages. Globalization will tend to disappear. Keeping transmission lines repaired will become an increasing problem, as will many other tasks associated with keeping energy supplies available.
57 Comments on "Gail Tverberg: Why a Great Reset Based on Green Energy Isn’t Possible"
bo on Sat, 18th Jul 2020 10:48 pm
Trust in China and CCP
adamb on Sat, 18th Jul 2020 11:11 pm
Jesus, Gail has only gotten worse since her peak oil call of 2008.
bo on Sun, 19th Jul 2020 12:21 am
https://forum.ascendchina.ch/t/america-unleashed-covid-upon-the-world-as-the-final-act-of-the-great-harvesting/82
The Board on Sun, 19th Jul 2020 12:46 am
adamb = nony
Abraham van Helsing on Sun, 19th Jul 2020 1:42 am
Yet another Anglo lay(wo)man with opinions on engineering, what could possibly go wrong. Anglos and renewable energy: a dead-born child. Anglos piggy-backed on fossil fuel towards geopolitical success, they will come down with it, especially Americans. And indeed, these new Americans-of-color are not going to transition towards anything and shit.
https://twitter.com/RichardBSpencer/status/1282913882588110848?s=20
No worries though, the Europeans will bring with them a fully developed renewable energy system when they will return to North-America, as a sort of inverse Marshall Aide, after the break. Most renewable energy infrastructure in the US is already being built by continental Europeans.
https://www.bloomberg.com/news/articles/2020-04-28/solar-and-wind-cheapest-sources-of-power-in-most-of-the-world
“Solar and Wind Cheapest Sources of Power in Most of the world”
(This does not include storage, but they are working on it all over the planet, minus the US)
Bo on Sun, 19th Jul 2020 2:14 am
https://forum.ascendchina.ch/t/americas-evil-plan-to-nuke-china-as-the-final-solution-to-genocide-all-1-4-billion-chinese-people-on-earth/85
Abraham van Helsing on Sun, 19th Jul 2020 3:02 am
Required reading for Gail Tverberg:
“Getting to 100% renewables requires cheap energy storage. But how cheap?”
https://www.vox.com/energy-and-environment/2019/8/9/20767886/renewable-energy-storage-cost-electricity
Storage is rapidly evolving, diversifying, and falling in cost, to the point that wind and solar power plants coupled with storage are beginning to compete directly with fossil fuel power plants on cost. That’s only going to accelerate as both renewables and storage get cheaper. Providing all of US power, all day every day, will require oversizing renewables and installing an enormous amount of storage, but if they get cheap enough, that’s what we’ll do.
To put that more plainly: A US energy grid run entirely on renewable energy (at least 95 percent of the time), leaning primarily on energy storage to provide grid flexibility, may be more realistic, and closer to hand, than conventional wisdom has it.
Having said that, it is not in the European geopolitical interests that the US starts to catch up with renewable energy. The likes of Gail Tverberg, Trump and the rest off main-stream America is providing Europe a great service in that they put themselves at maximum technological distance. The British empire would not have existed without a head start in coal and steam. The US empire would not have existed without a head start in oil and gas.
Likewise, Europe and its coherent and consistent renewable energy and decarbonisation program will ensure future geopolitical success. And besides, America has become too much third world to have hardly any other option than to cling itself to past fossil glory. Let the Europeans do it so they get all the industries, markets, skills, employment, profit, power.
Theedrich on Sun, 19th Jul 2020 3:41 am
Good analysis by Gail. To which a few other pertinent observations might be added.
Fire White Seattle cops because they’re White. Seattle City Council member Lisa Herbold (a fugly White genosuicidist) wants to fire only those police officers who are White, due to their race. After all, the end justifies the means, the Constitution and the Supreme Court notwithstanding. The Council has decreed that the police department must be defunded by 50%, and firing Whites (while keeping Blacks) is the way to do it.
Defunding guardians of society is now all the rage. The Left is currently asking Biden to defund the military by $200 billion. One wonders how this will go over with the military-industrial complex.
Commie-Dem politicians (e.g., Biden) like to claim that the high god Science is on their side. In fact, they are mostly clueless about true science. The vast majority of them could not tell the difference between a hydrogen and a helium atom if they were staring at a Mendeleev chart. The just keep repeating anti-Trump mantras composed for them by the megaYids who bribe them with campaign cash.
Not that the Republicans are all that much better. While they are usually not Marxist like the Democrats, many of them would sell their own mothers to win the next election and enrich themselves. So, capitulate to the Left, just so long as their own positions are secure. Never mind who dominates the mainstream media supporting the Left. Or that the consequence of Ashkenazi control of that media is that homo Americanus has been turned into homo stupidus.
Most devastating of all is the fact that the entire higher education system, through the cancerous, Chosenite-run Department of Education and its taxpayer funding of universities and colleges, has been converted into an anti-White, Trotskyite indoctrination Gulag for the young. It is, thus, no surprise that vast numbers of misled, youthful ignorami are now roaming the big cities demanding White genosuicide and national collapse. All with the smirking approval of the Left and its corrupt oligarchs.
Indeed, the only thing we learn from history is that we never learn from history.
DT on Sun, 19th Jul 2020 7:51 am
Good to read Tverberg, For those that are paying attention. For those that live in la la I can’t hear you land? Go on thinking your renewable, sustainable, to cheap to meter, transition, to a clean green corporate industrial civilization. Just don’t bother to realize that no mater how industrial civilization is powered, it is still industrial civilization. The same thing that has put humanity and all biological life at the edge of extinction.
zero juan on Sun, 19th Jul 2020 7:55 am
FUCKHEAD juanPee:
DT said Good to read Tverberg, For those that are paying a…
Bo said 美国的邪恶计划是要核杀中国，作为种族灭绝地球上所有14亿中国人的最终解决方案 I’m predict…
Bo said https://forum.ascendchina.ch/t/americas-evil-plan-…
The Board said adamb = nony
bo said https://forum.ascendchina.ch/t/america-unleashed-c…
adamb said Jesus, Gail has only gotten worse since her peak o…
supertards please love supremacist muzzies more please watch and learn about life and works of saint tavon https://www.youtube.com/watch?v=QAw5ykIPOBM said practice bagging and face DIAPER-19 we’re a…
bo said Trust in China and CCP
William Cannon said Thank you for helping me to awake my liberal frien…
Davy said The hole country’s goin to Hell in a hand basket D…
Davy said Thanks fer dropping bye Apeman. Looking forward to…
Davy on Sun, 19th Jul 2020 8:10 am
cloggo’s EuropeUp news:
“Varoufakis: The Eurozone Is Grappling With Crisis, Class War, & The North-South Divide”
https://www.yanisvaroufakis.eu/2020/07/16/the-eurozones-grappling-with-crisis-class-war-the-north-south-divide-berliner-verlag-interview/
https://www.zerohedge.com/geopolitical/varoufakis-eurozone-grappling-crisis-class-war-north-south-divide
“It will entrench the false view in Northern Europe that it was all about hand-outs to the Southerners while, at once, entrenching the false view in Europe’s South that the whole of the North benefits from pushing the South into greater impoversihment. What will happen to the working class people in the Euro-Zone? It will continue to watch its prospects decline both in the North and in the South while the financiers and the members of the boards of directors of large companies enjoy the fruits of socialism for the oligarchy and stinging austerity for the majority of the Greeks and of the Germans. Will the consequences be different for Greece and Germany, aka South and North? Yes and no. Workers in the North and in the South will be facing increasing precarity and will be getting angrier and more discontented. Except that the rate of deterioration will be much greater in countries like Greece, the result being the continuation of the mass exodus of young people which makes our countries of the South impossible to sustain as functioning societies. What role are the “frugal four” playing – isn’t it legitimate to keep in mind the public debt in each country? Governments have a duty to defend their people from a number of threats. One of them is excessive public debt. But, there is also excessive private debt. And, even more ominously, low investment that jeopardises a nation’s chances to repay both private and public debt. The so-called frugal four are working in favour of large conglomerates that want to eat their cake have it: They like the effect Italy and Greece are having at keeping the exchange value of the euro low (so as to maximise their exports, eg, to China) and the interest rates below zero (so as to get free money from the ECB). Like all free-riders, they take what suits them but then take no responsibility for the damage that the policies favouring them do both to the South and to their own working classes (which find themselves increasingly squeezed and indebted as part of the same process that squeezes and pushes the South further into debt)… What is the current state of the Greek economy? Debt is still at 180 percent, despite 200 billion Euro for bailing out the banks? Greece’s debt is unpayable not despite but because of the banks’ bailout. Since 2009 I have been saying that Europe’s rulers, and this is where I do blame Ms Merkel, cynically saved idiotic bankers by transferring their losses onto the shoulders of Europe’s weakest taxpayers. Ms Merkel, Mr Sarkozy, the troika and everyone else who has maintained this crime-against-logic for a decade will forever by guilty in the conscience of Europe’s progressives. [And, by the way, Greece’s debt is now well about 200% of GDP!] What will Europe look like if the Recovery Fund really delivers on 750 billion Euro? Sad and divided.”
REAL Davy on Sun, 19th Jul 2020 8:36 am
FUCKHEAD delusional davysock
zero davy on Sun, 19th Jul 2020 7:55 am
just his usual bitching and whining about being forced to endure the thoughts and observations of others.
Abraham van Helsing on Sun, 19th Jul 2020 10:05 am
“Varoufakis: The Eurozone Is Grappling With Crisis, Class War, & The North-South Divide”
Varoufakis, a Cambridge educated stinking communist nobody, got his ass kicked after he totally mismanaged Greece. Greece is now a better country for it, ready to defend itself against Muslim invaders. From 2018 on he supported Sanders. What more do you want to know.
Now Mafia-central Italy is next to be financially disciplined and turned into a serious country.
Of course, doomed libtard empire dave is sucking up messages from communists wherever he can find them.
Having said that, the Northern European countries are simply too strong for the garlic belt and the wisdom of the Common Market needs to be questioned and too large German and Dutch trade surpluses reduced, even if Spain and Italy are surplus countries too (much in contrast to Anglos, but I digress):
https://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance
The real problem with Italy is its corruption and tax-dodging, leaving the Italian government income starved. Either Italy starts paying taxes retroactively (via 40k mortage on their nearly paid-off homes) or they leave the Euro and start printing shabby Lira’s like mad-men like in the old days.
Currently the Netherlands is leading the resistance of the Frugal Five, quietly supported by the Baltic states and Eastern Europe against Italy and Spain that are using the Corona as a pretext for money extortion, quietly organized by France, supported by Germany:
https://nos.nl/artikel/2341171-gezamenlijk-overleg-in-brussel-keer-op-keer-uitgesteld.html
Some compromise will probably come out of it, either today or in the coming weeks, but expect Italy to become the target of Europe-wide scorn to finally get its house in order and start collecting taxes. If necessary by a northern European Troika.
Abraham van Helsing on Sun, 19th Jul 2020 10:12 am
Twitter takes down a Trump-posted video, where the latter attacks the deep state:
https://www.geenstijl.nl/5154472/hier-de-door-twitter-verwijderde-trump-video/
Pretext: copy-right issues.
zero juan on Sun, 19th Jul 2020 10:20 am
JuanP on Sun, 19th Jul 2020 8:36 am
“FUCKHEAD delusional davysock zero davy on Sun, 19th Jul 2020 7:55 am just his usual bitching and whining about being forced to endure the thoughts and observations of others.”
widdle juanPee, you fucked with the wrong person. LMFAO. I am taking you down day by day. Oh, you might continue to post whatever but I neuter the shit by showing it is from the the multiple personality lunatic and low IQ illegal alien.
Davy on Sun, 19th Jul 2020 10:23 am
“Some compromise will probably come out of it, either today or in the coming weeks, but expect Italy to become the target of Europe-wide scorn to finally get its house in order and start collecting taxes. If necessary by a northern European Troika.”
LMFAO, cloggo, you mean “can-kicking” and committee back patting. What a joke! “Balkanization# #Slovenians#
Abraham van Helsing on Sun, 19th Jul 2020 11:23 am
“LMFAO, cloggo, you mean “can-kicking” and committee back patting. What a joke! “Balkanization# #Slovenians#”
Eh no. Europe is here to stay, regardless how much you and your English buddies would love to see it fail. After all, Anglos and their owners are historically the only deadly enemies Europeans have in this world.
#WW1
#WW2
#Brexit
#NordStream
#SorosDiversity
Thank God, Russia and China exist in this world as a viable plan B. And then there is that ticking diversity time-bomb under your country.
You are “LMFAO” a little too much for your own good.
American Jewish Congress on Sun, 19th Jul 2020 11:52 am
American Jews Solidly Support Biden
(Washington)- “A new poll taken by the American Jewish Congress shows American Jews solidly behind the candidacy of Vice President Biden. Never since polling began in 1960 have results been skewed to this degree with Biden receiving the support of 87% and Trump garnering just 11%.”
REAL Green Hypocrite on Sun, 19th Jul 2020 11:59 am
Agreed, “DavySkums usual bitching and whining about being forced to endure the thoughts and observations of others.”
SocialRevolutionComing on Sun, 19th Jul 2020 12:30 pm
I don’t care enough to write a complete comment. I went for a bike ride yesterday, ma impression is that the hammer is about fall. During my bike ride, I felt like the last man on earth: no airplane in the sky, really light traffic on the road, not many people taking walks, shop empty, it felt like a death civilization without future
The question of the meaning of the song was effectively settled when May wrote on his website that “Hammer to Fall is really about life and death, and being aware of death as being part of life”, and that “the Hammer coming down is only a symbol of the Grim Reaper doing his job!
https://www.youtube.com/watch?v=AlI0r1iWMP8
Yeah
Here we stand or here we fall
History won’t care at all
Make the bed, light the light
Lady Mercy won’t be home tonight
You don’t waste no time at all
Don’t hear the bell but you answer the call
It comes to you as to us all
Yeah, we’re just waiting for the hammer to fall, yeah
Oh every night, and every day
A little piece of you is falling away
But lift your face the Western way
Build your muscles as your body decays, yeah
Tow the line and play their game
Yeah, let the anesthetic cover it all
‘Til one day they call your name
You know it’s time for the hammer to fall
Rich or poor or famous
For your truth it’s all the same
(Oh no, oh no)
Oh, lock your door but rain is pouring
Through your window pane
(Oh no)
Hey yeah, baby, now your struggle’s all in vain, yeah…
For we who grew up tall and proud
Amused to Death
https://www.youtube.com/watch?v=zpotZUiKLbU
REAL Green on Sun, 19th Jul 2020 12:31 pm
widdle Davee, we fucked with the wrong people. LOFDAO. They are taking us down day by day. Oh, we might continue to post whatever but they neuter the shit by showing it is from the multiple personality lunatic and low IQ Ozarks goatherder.
zero juan on Sun, 19th Jul 2020 1:03 pm
Skumbag lunatic juanPee:
REAL Green said widdle Davee, we fucked with the wrong people. LOF…
SocialRevolutionComing said I don’t care enough to write a complete comm…
REAL Green Hypocrite said Agreed, “DavySkums usual bitching and whinin…
American Jewish Congress said American Jews Solidly Support Biden (Washington)-…
Estimado señor con el debido said respeto por favor devuelva mi bolsa de frijoles qu…
T. Tobias said Except reality means the global human population w…
Bo Chen said https://web.archive.org/web/20180724071209/https:/…
DT said Mother nature is and will decide what the human po…
Skumbag lunatic Davy on Sun, 19th Jul 2020 1:14 pm
zero juan on Sun, 19th Jul 2020 1:03 pm
zero juan on Sun, 19th Jul 2020 1:19 pm
IDIOT lunatic:
Skumbag lunatic Davy on Sun, 19th Jul 2020 1:14 pm
IDIOT lunatic Davy on Sun, 19th Jul 2020 1:26 pm
zero juan on Sun, 19th Jul 2020 1:19 pm
Duncan Idaho on Sun, 19th Jul 2020 2:06 pm
“Slow the testing down, please”
https://i0.wp.com/ychef.files.bbci.co.uk/976×549/p03lcphh.jpg?ssl=1
Estimado señor con el debido respeto por favor devuelva mi bolsa de on Sun, 19th Jul 2020 2:18 pm
frijoles que le di para su viaje a través de América de regreso a América del Sur Te deseo la mejor de las suertes en Estados Unidos ahora no tienes que volver sabes quién eres y tus iniciales son jp
gracias súper guardias por amar supremacista m más
por favor use la cubierta de la cara
Estamos todos juntos en esto
REAL Davy on Sun, 19th Jul 2020 3:06 pm
IDIOT lunatic:
Skumbag lunatic daveee:
davy. The misrable goatherd
makati1 on Sun, 19th Jul 2020 5:55 pm
Another good article pointing out the FACT that renewables will NOT exist without fossil fuels. But the believers will poopoo it and the intelligent persons able to reason out reality will just say, “I told you so!”.
Well, I Told You So!
A reset is already under way, but not the one you want, Amerika, believe me.
Davy on Sun, 19th Jul 2020 5:57 pm
“Nikola Badger”
https://nikolamotor.com/badger
“0-60 MPH 2.9 Seconds
Peak HP 906
Continuous HP 455
Peak Torque 980 Ft. LBS
Range 600 Miles
Battery 300 Miles
Fuel Cell 300 Miles
Hydrogen 8 kg
Fuel Cell 120 kW
Towing Capacity 8,000 LBS
Drivetrain 4×4 Independent Wheel Drive (IWD)
Dimensions 5890mm L x 2180mm W x 1870mm T”
makati1 on Sun, 19th Jul 2020 6:00 pm
Duncan, if it were possible to test all 326,000,000 Amerikans today, tomorrow the CASES would show an increase to ~250,000,000. It is just a fear mongering MSM, and the elite, that switched from ‘deaths’ to ‘cases’ because the deaths were going down and taking away the ability to keep everyone wearing a fear diaper, and under house arrest, until they starve or go bankrupt. The ladder has been pulled out from under Amerikans. Sigh!
Duncan Idaho on Sun, 19th Jul 2020 6:01 pm
Covid:
It’s demonstrating just how ignorant, lazy and dishonest a too large part of society is.
Davy on Sun, 19th Jul 2020 6:04 pm
Some ChinaUp news for the old senile guy:
“Nine Chinese Financial Institutions With Over 1 Trillion Yuan In Assets Are Nationalized On The Same Day”
https://www.zerohedge.com/geopolitical/nine-chinese-financial-institutions-over-1-trillion-yuan-assets-are-nationalized-same
https://www.zerohedge.com/s3/files/inline-images/china%20npls%20and%20savings_0.jpg?itok=dCXtgK80
“And while some economists (perhaps those who are sponsored by China) believe Beijing is better positioned to contain financial risks after China’s GDP miraculously rebounded to positive in Q2, others believe that while Beijing is parading with fake economic numbers to boost its global credibility, the reality is that behind the scenes China’s financial system gets ever closer to collase. Indeed, Shen Zhengyang, an analyst at Northeast Securities said some corners of China’s financial system could turn more vulnerable in the wake of the pandemic. “Regulators are more eager to stabilize the financial markets as the broader economy worsens,” said Mr. Shen. “A direct takeover allows for more efficient coordination.” Meanwhile, the toxic feedback loop of bank runs, bank failures, and bank nationalizations, leading to more bank runs, more bank failures and more bank nationalizations, will only accelerate until a critical mass is finally hit at which point Beijing will find it impossible to quietly force large, state-owned banks to bailout an increasingly greater percentage of the country’s smaller and medium banks.”
JuanP on Sun, 19th Jul 2020 6:13 pm
Meadows signals imminent indictments in Durham probe: ‘It’s time for people to go to jail’
White House Chief of Staff Mark Meadows said Sunday that it’s “time for people to go to jail” as part of U.S. Attorney John Durham’s probe into FBI misconduct — prompting ex-Trump aide George Papadopoulos to sound a celebratory note on Twitter. The comments came as Fox News learned this weekend that Jennifer Boone, a senior FBI official who oversaw the flawed probe into former Trump adviser Carter Page, has received a major promotion to lead a field office — and the bureau won’t say why. Meadows, during his Sunday interview with Fox News’ “Sunday Morning Futures,” also previewed the Trump administration’s soon-to-be-released plans for reopening schools and implementing new economic stimulus measures. More details, Meadows said, would be coming this week. However, Meadows’ comments on the Durham probe were among his most suggestive yet. They followed Attorney General Bill Barr’s comments to Fox News earlier this year that Durham’s findings have been “very troubling” and that familiar names are currently being probed. “I think the American people are expecting indictments,” Meadows told anchor Maria Bartiromo. “I expect indictments based on the evidence I’ve seen. Lindsey Graham did a good job in getting that out. We know that they not only knew that there wasn’t a case, but they continued to investigate and spy.”
https://www.foxnews.com/politics/meadows-previews-school-reopening-plans-durham-probe-results-i-expect-indictments
makati1 on Sun, 19th Jul 2020 6:46 pm
Davy, give it up. Zerobrains is an extremely Sinophobic web site and is not worth reading when it’s articles are about China.
You better look closer at Amerika’s 200+ trillion ($200,000,000,000,000. and growing) in TOTAL debt before you point fingers. The dollar is being deliberately destroyed by the Federal Reserve and most Amerikans have no idea.
https://usdebtclock.org/
Don’t believe me. Do the math, if you can.
BTW: China’s debt is less than half that of tiny Amerika. West down! East up! Get a life loser!
Davy on Sun, 19th Jul 2020 7:04 pm
wak, you don’t have any formal education so I understand how you can’t read the article and get anything out of it. Your usual response is to default to some kind of binary position of ChinaUp and the WestDown crap. You are a waste of time and I generally ignore your comments anymore. Just a lonely old guy talking himself up and others down.
supertard mak por favor escuche a supertard davy él es educado y yo también on Sun, 19th Jul 2020 7:16 pm
por favor, amo los fanáticos supremacistas más
REAL Dumb on Sun, 19th Jul 2020 7:16 pm
Formal educations don’t make stupid people smart Davy. And we bin using the were ignoring makato meme for 8 years all ready.
stupid dumbass
por favor, amo los fanáticos supremacistas más on Sun, 19th Jul 2020 7:19 pm
danke
the board on Sun, 19th Jul 2020 7:21 pm
JuanP on Sun, 19th Jul 2020 7:16 pm
“Formal educations don’t make stupid people smart Davy. And we bin using the were ignoring makato meme for 8 years all ready. stupid dumbass”
Says the high school drop out and mentally ill lunatic. We are LMFAO
juanita Pee on Sun, 19th Jul 2020 7:23 pm
danke por favor, mi esta stupido amo los fanáticos supremacistas más on Sun, 19th Jul 2020 7:19 pm
Davy on Sun, 19th Jul 2020 7:27 pm
“LA Mayor Warns “City On The Brink” Of Shutdown”
https://www.zerohedge.com/geopolitical/hong-kong-outbreak-out-control-city-suffers-record-jump-new-covid-19-cases-live
“Finally, circling back to the California news from earlier, LA Mayor Eric Garcetti – who said earlier that the city is on the verge of another shutdown – agreed with his interviewer that the decision to reopen the city so quickly was a mistake. ns were made at the state and county level. “We’ve had to do so much that is outside our lane because of the lack of national leadership,” he said.”
go trump…
Duncan Idaho on Sun, 19th Jul 2020 7:38 pm
Some link issues:
https://i2.wp.com/am24.mediaite.com/tms/cnt/uploads/2019/10/trump-impeachment-face-testimony-congress.jpg
makati1 on Sun, 19th Jul 2020 7:38 pm
Davy, I had a better education by 12 grade than college grads have today. Not to mention that I am not brainwashed like you are. A piece of paper that said the idiot attended class between drug parties, tells me nothing about intelligence or educated learning. I had to teach too many college grads how to do their job.
Reality is a bitch and Amerika is getting a heavy dose of it today. About time. The East is moving ahead. The West is in retrograde. You can believe what you want but reality rules. My future is secure, I doubt you are even close. By the time you ‘retire’ there will be no Social Security, or other income other than working until you die. So be it. Well deserved. This is payback for all the millions of lives and futures Amerika has destroyed in trying to rule the world. GO China! ^_^
Davy on Sun, 19th Jul 2020 7:47 pm
Were generally ignoring your comments anymore old bat.
Davy on Sun, 19th Jul 2020 7:56 pm
Wak, you are a drop out like juanPee. This is why you uneducated fools are so touchy when the topic comes up. You to pretend to be smart. The reality is one failure after another.
Juanita Pee on Sun, 19th Jul 2020 7:58 pm
Mayor Warns “City On The Brink” Of Shutdown”
https://www.zerohedge.com/geopolitical/hong-kong-outbreak-out-control-city-suffers-record-jump-new-covid-19-cases-live
“Finally, circling back to the California news from earlier, LA Mayor Eric Garcetti – who said earlier that the city is on the verge of another shutdown – agreed with his interviewer that the decision to reopen the city so quickly was a mistake. ns were made at the state and county level. “We’ve had to do so much that is outside our lane because of the lack of national leadership,” he said.”
go trump…
REAL Green on Sun, 19th Jul 2020 8:03 pm
If we could lurn ourselfs to ignore everyone the way juanPee is ignoring us it would make the board weigh better for all the posters Davy.
REAL Dumb on Sun, 19th Jul 2020 8:12 pm
“You to pretend to be smart.”
Tripple facepalm Davy.
supertard mak por favor escuche a supertard davy él es educado y yo también on Sun, 19th Jul 2020 8:26 pm
por favor, amo los fanáticos supremacistas más
Jabar Taylor, de 20 años, y Rashad Williams, de 18, escaparon del Centro Correccional Juvenil Bon Air en el condado de Chesterfield el 13 de julio, según el Servicio de Alguaciles de EE. UU. por favor ayuda a detener CONVICT-19 estamos todos juntos en esto danke