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The Soft Belly of The Oil Industry: the Upcoming Seneca Collapse

The Soft Belly of The Oil Industry: the Upcoming Seneca Collapse thumbnail
 
Ugo Bardi explains his idea of an impending “Seneca Collapse” of the world’s oil industry at the session on climate change of the meeting of the Club of Rome in Vienna, on 10 Nov 2017. What follows are not the exact words said, but it maintains the gist of this brief comment that was focused on the concept that the oil industry has a “soft belly” in the fact that it produces mainly fuel for engines used for transportation. If this market were reduced by the introduction of electric vehicles and other transportation innovations, the whole industry could collapse. That would be a good thing for the earth’s ecosystem and for humankind in general.
 
 
 
Dear colleagues, we are having an interesting discussion on how to stop climate change and I think I could add some thoughts of mine on the basis of my recent work that I published in the form of the book titled “The Seneca Effect“.
The problem we have been discussing is how to limit emissions and we saw that it needs to be done fast and even drastically if we want to avoid the worse effects of climate change. Obviously, it is not easy. (image from Skeptical Science)
Most of what has been said today is based on a “top-down” approach, which I may also describe as supply-limiting. That is, we are speaking of a carbon tax, of emission limits, and the like – measures that governments should take in order to limit the production of fossil fuels. I don’t have to tell you that it is an effort that has been ongoing for several years and yet emissions keep growing. It doesn’t seem to work
So,  can we take the opposite approach? That is, look at the demand side in a “bottom-up” approach?
To discuss this point, let me introduce the concept of the “Seneca Effect” or the “Seneca Cliff.” Let me show the shape of the Seneca curve, drawing it on this board.
You know that I use the term of “Seneca Effect” taking inspiration from something that the Roman philosopher Seneca said long ago; “growth is sluggish but ruin is rapid”. And you see how the curve looks like the projections for emission reductions we have been seeing here.
So, the question is, what causes the collapse we see in the Seneca Curve in complex systems? Well, we can use system dynamics to model the collapse and we know it is not a “top-down” effect, nobody from outside forces the system to collapse. It is a very general phenomenon caused by the interactions of the various elements that compose the system which cooperate to bring it down. And that’s a trick that can be exploited: as I say in my book, “The Seneca Effect“, collapse is not a bug, it is a feature.
Let me see to explain it using the oil industry as an example: see the figure drawn on the board.
Now, you see the segmented line I drew, it keeps going up. It is what the oil companies expect for the future. Their projections, by Exxon for instance, say this: given sufficient investments, we can keep growing the oil production for a number of years, maybe a decade or more.
That’s what they have been doing; despite various dire warnings, the oil industry has been able to keep production growing. It is true that conventional oil (“crude”) peaked at some moment between 2005 and 2010, but it didn’t really decline. Then, the production of “all liquids” kept growing by exploiting other sources such as shale oil.
Of course, the problem is that if the industry continues to make an all-out effort to increase, or at least maintain, production, all we were saying about the need of reducing emissions goes out of the smokestack. Forget about keeping warming below 2 degrees. It would be a disaster.
But look at the Seneca curve, lurking in the graph. It may generate a collapse that would change everything. It would generate more or less the kind of rapidly declining production curve we need for our future survival
The industry doesn’t predict anything like that, but they are vulnerable, very vulnerable. They have a “soft belly” that may send them down the cliff, and very fast. It is the collapse of the demand. That is, we don’t need governments to enact draconian regulations: if the market for a product disappears, then the industry producing it will disappear. Can it happen? Yes, it can.
The key point of the industry’s vulnerability is in the need of large investments to keep the whole thing moving. Facing increasing production costs, they have been able to survive by growing and exploiting economies of scale. This has been possible because investors thought they were investing in a growing industry.
But things have been changing. Consider that typically a good 50% of the oil industry production is gasoline, to this you may add about 20% of diesel fuel and the result is that some 70% of the output of the industry is for internal combustion engines used for transportation.
So far, this has been a growing market, but the electric transportation revolution is coming, and not just that. There is a whole systemic change under the concept of “Transportation as a Service” (TAAS). The combination of the diffusion of electric vehicles and the optimization of the system may rapidly reduce the demand for gasoline and diesel fuel.
We don’t need a large reduction in the demand for transportation fuels to generate a spiral of decline for the oil industry: less demand means less production, less production means the loss of economies of scale, and the loss of the economies of scale means higher costs that translate into higher prices which also depress the demand. And so it goes until it reaches the bottom.
As Lucius Annaeus Seneca said, long ago, “ruin is rapid”. And the ruin of the oil industry is not a bad thing for the earth’s ecosystem and for us all.
Cassandra’s legacy by Ugo Bardi


236 Comments on "The Soft Belly of The Oil Industry: the Upcoming Seneca Collapse"

  1. GregT on Mon, 20th Nov 2017 8:16 pm 

    “You flank him and support him becuase you like what he says. Follow Mad Kat and you know what widdle g is thinking.”

    More delusions.

  2. Makati1 on Mon, 20th Nov 2017 8:26 pm 

    MM, Did you notice who is China’s new trading/security partner? Does Russia have oil and natural gas, food surplus, more? Are you so Amerocentric that anything outside the 50 states doesn’t exist? Perhaps you should check out the resources the new Silk Road passes thru that China is already developing? No, you prefer to act stupid by parroting the US MSM propaganda.

    You might want to read GregT’s comment above. YOUR life is going to change drastically. Not so for most of the rest of the world.

  3. GregT on Mon, 20th Nov 2017 8:27 pm 

    “Entirely is extremist word in this situation widdle and something expected out of the widdle.”

    “The report, by PricewaterhouseCoopers LLP, proves that retail powers the American economy. According
    to the study, retail is the largest private employer in the United States. Retail directly and indirectly supports 42 million jobs, provides $1.6 trillion in labor income and contributes $2.6 trillion annually to U.S. GDP.”

    https://nrf.com/sites/default/files/Documents/The%20Economic%20Impact%20of%20the%20US%20Retail%20Industry%20REV.pdf

    Got a better word delusionalist?

  4. Makati1 on Mon, 20th Nov 2017 8:30 pm 

    Greg, The child is online again. I wonder if his mommy knows? lol

  5. fmr-paultard on Mon, 20th Nov 2017 8:38 pm 

    I’m still celebrating a day without eurotard. Supertard is free from that pesky revisionist and will slaughter Aswang with ease. I’m sure eurotard is watching
    I don’t want to live in a disease ridden phils. I don’t want to live in a place that’s devoid of supertards. My friend expressed reservation about Canada he said most people with a brain went to America

  6. Davy on Mon, 20th Nov 2017 8:40 pm 

    “Entirely”, Mad kat’s extremism is rubbing off on you widdle. Besides what do you know about economics like Mad Kat, all your economics is based upon the collapsing west and rising Asia.

  7. MASTERMIND on Mon, 20th Nov 2017 8:51 pm 

    Davy

    Bloomberg reported that 60% of the countries in China’s silk road are rated in junk status. And India their closet neighbor rejected it because they said China’s debt is unsuitable. Madkat is grasping at straws. He has so much faith china’s authority…I think he is projecting when he calls others brainwashed.

  8. GregT on Mon, 20th Nov 2017 8:53 pm 

    Not only are you a delusional intellectual lightweight, you are also financially illiterate.

    Or are you intentionally acting both ignorant and stupid, in a futile attempt to support your failed agenda?

  9. GregT on Mon, 20th Nov 2017 8:54 pm 

    MM,

    Bloomberg is right up there with the Tyler Durdens.

  10. GregT on Mon, 20th Nov 2017 9:00 pm 

    ““Entirely”, Mad kat’s extremism is rubbing off on you widdle.”

    “The report, by PricewaterhouseCoopers LLP, proves that retail powers the American economy. According to the study, retail is the largest private employer in the United States.
    Retail directly and indirectly supports 42 million jobs, provides $1.6 trillion in labor income and contributes $2.6 trillion annually to U.S. GDP.”

    https://nrf.com/sites/default/files/Documents/The%20Economic%20Impact%20of%20the%20US%20Retail%20Industry%20REV.pdf

    Got a better word delusionalist?

  11. Makati1 on Mon, 20th Nov 2017 9:03 pm 

    MM, Bloomberg? A Jew site that is another US propaganda source? And did you mention WHO says they are “junk”? I can tell you who, American puppets, not independent sources. Truth be told, the US is a ‘junk’ nation. It’s IOUs called money are about worthless. That will be obvious when the SHTF.

    And Did you notice that India is still sitting on the fence between the US and China because they want to milk BOTH cows? And that Modi is another insane US puppet? China will go around India and isolate it, just like it is isolating the US. India will be the loser.

  12. Davy on Mon, 20th Nov 2017 9:10 pm 

    Neither of you are noted on this board for financial understanding. You guys just peddle extremism. Widdle stalks and pricks Americans. Mad Kat regurgitates the worst he can find on Zero Hedge and brags about himself. Frauds

  13. GregT on Mon, 20th Nov 2017 9:14 pm 

    Got a better word delusionalist? If not, go beat on Bolt.

  14. GregT on Mon, 20th Nov 2017 9:24 pm 

    “Neither of you are noted on this board for financial understanding.”

    My 32 year long career was in the finance sector.

    “Widdle stalks and pricks Americans.”

    I could care less what tax farm you were born into delusionalist. This is all about you dummy.

  15. Makati1 on Mon, 20th Nov 2017 9:41 pm 

    Obvious who you are quoting Greg. Financial understanding? we Were smart enough to not get into the market casino or put all of our eggs in one financial basket as so many stupid Americans are doing today. The one full of holes that is about to break and shatter all of their retirement dreams and ruin much of their current life style when the SHTF?

    What do you have to understand about the US financial mafia? Answer: Don’t trust them with anything of value. Move it out of their reach. Suckers play the market and keep coming back for more. Greed rules their lives, not common sense.

    I guess I know enough about ‘finances’ to raise a family, be a construction estimator for over 20 years and am comfortable in a place where I have nothing the IRS can take. I retired 10 years ago and am as set as is possible in this world, for the rest of my life. A long one, I hope.

  16. MASTERMIND on Mon, 20th Nov 2017 9:52 pm 

    Madkat Bloomberg being Jewish makes no difference that the vast majority of countries in the shiiiit road are in junk status…You are putting all of your eggs into one rickety basket….You are just jealous of the jews…Because they are smart and educated mostly and you dumb and ignorant. And you wear magic Mormon undies LOL Joseph Smith beats em all!

  17. MASTERMIND on Mon, 20th Nov 2017 9:54 pm 

    Madkat based on statistics your time should be up fairly soon. You could have a stroke tonight and not be able to move your body..And if that happens they will feed you to the dogs over in Asia…They are sick people who eat dogs and cats..and swim in garbage. and home of the fucking nasty Asian carp. Which is about to enter my beautiful lake Michigan real soon.

  18. GregT on Mon, 20th Nov 2017 10:05 pm 

    I’m smelling stinky feet.

  19. Makati1 on Mon, 20th Nov 2017 10:06 pm 

    Mm: You still are looking at the world thru American blinders. Until you take them off, you will continue to parrot the US bullshit. Jews are the problem today, just as they have been thru history.

    I would send them all to the South Pole without clothes, if I could. Do you understand that comment? I have a lot of company in the real world. You just refuse to see that they are hated across the board. Hitler only expressed what millions felt at the time and now.

    Jealous of thieves? Asian are smarter than Jews. Jews are just greedy money grubbers. Look at who is in the news today for immorality. Not Asians. Jews. Lots of them. They are tumbling out of the closets like moths from wool.

    You have no honest rebuttal so, like Davy, you revert to being a 12 year old with putdowns and cutesy names for your betters, which only make them laugh at your poor attempts to bully.

    BTW: You, like Davy, or anyone else on here, have ZERO knowledge of my resources or where. Pretending you do only makes you look stupid.

  20. Makati1 on Mon, 20th Nov 2017 10:12 pm 

    MM, most here already know that I come from a long lived family with good genes. My dad passed at 88 after a lifetime of very good health. My mom passed recently at three weeks short of 90. My uncle still lives by himself in the US and is 93. All of my uncles on both sides lived into their late 80s.

    I am 73 with no need for meds, a BMI of about 24.4 and the probability of at least another 15 to 20 years of a happy, healthy life. I never abused my body with drugs of any kind, used excessive alcohol, and I never smoked. As I said, I am very healthy. I look forward to seeing 100. You should be so lucky.

  21. GregT on Mon, 20th Nov 2017 10:15 pm 

    You’ve said exactly all of that same stuff about makati1 many times before delusionalist.

    I’m calling more of your usual BS.

  22. Makati1 on Mon, 20th Nov 2017 10:20 pm 

    MM: Be careful when you point a finger.

    Lake Michigan: “There have been 362 different contaminants identified in the Great Lakes. 1/3 have been proven to have a toxic effect on aquatic life, wildlife, and human health. The most critical of these pollutants are: polychlorinated biphenyls (PCBs), dichlorodiphenyl trichlorethane (DDT) and metabolytes, and benzo[a]pyrene (member of a class of substances known as PAHS). These substances bioaccumulate in organisms and biomagnify in food webs.

    Organochlorine compounds are persistent, ubiquitous, and toxic. Heavy metals are toxic because of their chemical characteristics and demonstrated toxicity. Lipophilic pollutants biomagnify within the aquatic food chain, and spread to humans. PAHS, methylmercury, and alkylated lead bioaccumulate in human tissues. “People have begun to realize that changes to one part of the ecosystem impact the health of the entire system.”

    http://www.mrfrere.com/tok/water/science.htm

    “The most terrifying facts revealed today include:
    • Since 2000, over 34 billion gallons of raw sewage have been dumped into Lake Michigan.
    • Last year Cook County had 334 beach closings due to unsafe levels of pollution and bacteria.
    • Over 50 beaches on Lake Michigan Tested positive for mercury, polychlorinated biphenyls (used in coolant fluid) and E. Coli in summer 2012.”

    https://environmentillinois.org/news/ile/lake-michigan-haunted-sewage-mercury

    “Microbeads have drawn a lot of public and political attention since 2012, when researchers from New York and Wisconsin discovered millions of the tiny particles in several of the Great Lakes. Microplastics were a featured topic at the 2014 Great Lakes Conference, co-sponsored by the MSU Institute of Water Research, Michigan Sea Grant, and Michigan State University Extension among others. The new study suggests microfibers may be an even larger concern in at least a few areas.

    The small fibers are most likely from our clothes, particularly ones made with polyester or polyurethane. With every wash cycle, thousands of these colorful synthetic fibers are flushed down the drain, through sewage treatment systems, and into local rivers and lakes.

    That’s exactly what’s happened in southern Lake Michigan. There, microfibers from clothing and other sources have been found in higher concentrations than any other microplastic, setting it apart from the other Great Lakes.”

    http://msue.anr.msu.edu/news/plastic_fibers_emerge_as_lake_michigan_pollutant

    And on and on…

  23. GregT on Mon, 20th Nov 2017 10:30 pm 

    “Madkat Bloomberg being Jewish makes no difference that the vast majority of countries in the shiiiit road are in junk status…You are putting all of your eggs into one rickety basket….You are just jealous of the jews…Because they are smart and educated mostly and you dumb and ignorant. And you wear magic Mormon undies LOL Joseph Smith beats em all!”

    Sounds like someone is jealous of Makati1, or he wouldn’t be spending so much of his time trying to discredit him.

    Also basic human psychology. As transparent as glass.

  24. GregT on Mon, 20th Nov 2017 10:34 pm 

    Get help.

  25. Apneaman on Mon, 20th Nov 2017 10:42 pm 

    I don’t understand how the world’s 15 million Jews coordinate their evil plans.

    Do they all meet up at the local I-Hop the last Thursday of every month? Mmmmm, I luvs me some kosher blueberry syrup.

    Perhaps they all have a special ‘Jew App’ on their smart phones?

    The Jew App can only be opened with a retinal scan, so only Jew eyes can open it.

    Holy Christ are they ever clever. No wonder they dun fooled us.

  26. MASTERMIND on Mon, 20th Nov 2017 10:53 pm 

    Madkat

    I worked with a jew at ATT selling phones and he was a very nice guy from a middle class family who liked to play video games and chill. Not all jews pull strings like George Soros. You are a paranoid loon. And it shows. And Greg you think I am jealous of some racist old man who yells ‘Get off my lawn”..LOL..HAIL HITLER GREG AND MADKAT…LETS TROW THE JEWS IN THE OVENS AGAIN!

  27. GregT on Mon, 20th Nov 2017 10:56 pm 

    “I don’t understand how the world’s 15 million Jews coordinate their evil plans.”

    They don’t, not all Jews are zionists:

    https://www.google.ca/search?dcr=0&q=jews+united+against+zionism&spell=1&sa=X&ved=0ahUKEwjx-s_Y787XAhUJ3WMKHSdvDXAQBQgjKAA&biw=1680&bih=985
    https://www.google.ca/search?dcr=0&biw=1680&bih=985&ei=PbETWsLNO4TOjwOM-pvwAg&q=zionists+who+are+not+jewish&oq=zionists+who+are+not+jewish&gs_l=psy-ab.3…55491.65034.0.65493.27.22.0.0.0.0.1101.2015.6-1j1.2.0….0…1c.1.64.psy-ab..25.2.2013…0j0i22i30k1.0.DyS53kOhP90

    And not all Zionists are Jews..

    https://www.google.ca/search?dcr=0&source=hp&ei=urETWr5c0LyPA7z2mYAI&q=zionist+christians&oq=zionist+christians&gs_l=psy-ab.3…3646.8698.0.9002.18.15.0.0.0.0.743.743.6-1.1.0….0…1c.1.64.psy-ab..17.1.743…0.0.DLiuzI-2iGo

  28. GregT on Mon, 20th Nov 2017 10:58 pm 

    “And Greg you think I am jealous of some racist old man who yells ‘Get off my lawn””

    And who would that be MM?

  29. GregT on Mon, 20th Nov 2017 11:01 pm 

    “LETS TROW THE JEWS IN THE OVENS AGAIN!”

    In Canada, shit like that can land you in prison MM.

  30. MASTERMIND on Mon, 20th Nov 2017 11:18 pm 

    GregT you are Canadian? LOL That says it all..Let me guess you live in Manitoba…LOL do you see moose running through your backyard in the mornings?

  31. Makati1 on Mon, 20th Nov 2017 11:25 pm 

    MM. When you support the views/crimes of someone, you share their guilt. In the US, if you are aware of a crime and do not report it you are also guilty and can get the same punishment.

    Ditto for the Americans who support the war mongers in their government and military. Germans paid a huge price for their support of Hitler. ALL of them. That payment is coming to Americans in the not too distant future if you don’t do something soon to reign in the insanity in DC. You may be wakened at 3AM to mushroom clouds over your cities. Then there are no ‘innocents’.

  32. GregT on Mon, 20th Nov 2017 11:28 pm 

    No moose ‘MM’. Only bears, cougars, deer, and elk.

    And ‘MM’, those who do see moose running through their backyards in the mornings, are the least likely to be overrun by goons.

    You might consider making the move to Manitoba. Judging from what you’ve been saying, you’re unlikely to survive where you are.

    LOL.

  33. GregT on Mon, 20th Nov 2017 11:31 pm 

    One more thing ‘MM’. You don’t sound the least bit intelligent. You sound like a complete moron.

    Just saying…..

  34. Makati1 on Mon, 20th Nov 2017 11:33 pm 

    MM: Can I give you an example that statements like “I worked with a jew at ATT selling phones and he was a very nice guy from a middle class family who liked to play video games and chill” only proves you cannot judge by appearances?

    About 30 years ago, when I was raising a family, another church family was good friends. Their teenaged kids and mine were best friends. We went to their house for parties and dinners often. Some years later, after my kids were married and on their own, I read in the news how the father, a local college professor and priesthood leader in the Mormon Church, was a child molester wanted by the FBI and had been caught in some Central American country. The picture proved it was the same “nice, honest, fun, intelligent” guy. Appearances can be deceiving.

  35. Makati1 on Mon, 20th Nov 2017 11:35 pm 

    Greg, I doubt his claims to be ‘educated’ and hold a doctorate. He reverts to immaturity and seems unable to debate intelligently.

  36. GregT on Mon, 20th Nov 2017 11:40 pm 

    Think about it, ‘MM’ is somebody else’s sock puppet Makati. He’s losing his imaginary little war, and lashing out at his imaginary enemies.

  37. MASTERMIND on Tue, 21st Nov 2017 12:06 am 

    Madkat

    I hate the US government. My first and favorite rock band was and still is rage against the machine…I bought their CD when I was 14 years old.. I also have never voted because I don’t believe in any of them…So how exactly am I an accompanist? what exactly do you want me to do give up my job and start a revolution on my own? You generalize and blame and complain like there to no end. Don’t you realize that people are products of their environments? Let me just say if there was any way I personally could change everything and fire everyone in DC I would. I really would. But I can’t. You love to blame the victims of america just as much as you love to blame the state….Here is some logic for ya…Sometimes you blame the apple and sometimes you blame the tree….

  38. Makati1 on Tue, 21st Nov 2017 12:06 am 

    I see a lot of Davy in MM’s remarks. Neighbor? Cousin? Alter ego? Son? lol

  39. Makati1 on Tue, 21st Nov 2017 12:10 am 

    MM, at this stage in the game, you only get real change by blood in the streets, as in the French Revolution. Guillotine, or the equivalent, set up on the National Mall in DC.

    It will never happen in America. You are all so brainwashed, and so many are sucking at the government teat that there can be no change until it is too late. That is why I left. You can too.

  40. MASTERMIND on Tue, 21st Nov 2017 12:18 am 

    Madkat

    American’s will never rebel because the majority will not accept that we have a major problem in the first place. That is always the first step is admitting you have a problem. Hell I mean we had forty some years to advert collapse by limits to growth and we did nothing. And there is no time left for a revolution and to start over. We are going to be running out of resources soon and its going to cause an economic collapse. Then the government will be history. Whats the point of a revolution if the government is going to dissolve on its own anyways. Its like shooting someone who has brain cancer.

  41. Makati1 on Tue, 21st Nov 2017 12:30 am 

    MM, you do understand the problem. It is too late to prevent the collapse in America. The revolution is to prevent a worse problem, like a nuclear war on American soil. But, that too is not a possibility in most American minds. The brainwashing has been perfect. The last gasp of most every empire has been war, but they don’t see it.

    Real war, not the skirmishes in the ME, but a confrontation with Russia and/or China that ends with the nukes flying. There is no safe place on earth from missiles. None. Better to be in a place that is not the target. I chose such a place. Radiation may eventually kill me, but I might not live long enough to be a cancer victim anyway. We shall see. I placed my bets 10 years ago. When/where will you place yours?

  42. GregT on Tue, 21st Nov 2017 12:34 am 

    Alright ‘MM’,

    So if you really are the real deal, then why are you lashing out against Makati1? It sounds like your ideologies are similar? Makati made a conscious decision to change his environment. That was his choice. What right do you have to tell him that his choice was wrong? Especially when you have no personal experience with where he chose to live? Again, you say that you are intelligent, but you do not come across as being even remotely smart. WTF ‘MM’?

  43. Cloggie on Tue, 21st Nov 2017 1:45 am 

    Apneaman lies: I don’t understand how the world’s 15 million Jews coordinate their evil plans.

    What do 15 million Jews have in common?

    Right, they are Jews, they call themselves Jews, which sets them apart from “gentiles”. By self-definition.

    The next questions is: “what does it mean to be a Jew” (according to the Jewish religion, secular or non-secular)?

    Answer: “we are God’s Chosen People”. We are set apart from the rest. We are the “salt of the earth”. We are destined to own the world in the future.

    That answer’s your question. No need for a ridiculous “Jew Whatsapp” to coordinate actions, the religion coordinates it all. And besides, the Jews are the most organized people on the planet by far.

    The result is “Jewish Supremacism”. Since the Jews know that the world is not going to handover itself to the Jews without a fight, they need to come up with a plan.

    What is the plan? Every society is a power pyramid, with a King, Czar, PM, Fuehrer, Pharaoh, whatever at the top, surrounded by advisers, ministers, below that priests, soldiers, prominents, below that bourgeois and below that workers and peasants.

    How can a relatively small number of Jews get a dominant role in society? By virtually cutting a society in two, separating the underclasses from the overclasses and next setting up the underclasses against the overclasses. Verify for yourself that all communist parties in Europe and Russia were lead by Jews.

    That is the pattern that brought down ancient Rome (Christianity), Czarist Russia (Bolshevism) and will bring down the good ‘ol USA (mass migration + multiculturalism).

    How do they cut a society in two? By writings, by books, by pamphlets and in the modern era by using newspapers and other mass media like TV and Hollywood. Thanks to a more than average high verbal IQ, they can broadcast (hidden) messages and manipulate (“brainwash”) a society and prepare a society to accept mass-immigration or pushing a society into war against others. And the other tool to get a society like America under control is finance. Jews do not care about agriculture, automotive, shipping, etc, they care about finance, because with money you can buy people (politicians).

    Holy Christ are they ever clever.

    Apneaman likes to play the dummy, where he is a Jew himself, playing with his Goyim (cattle, cancer monkeys, etc.)

    The essence of modern Jewry as expressed by neocon Michael Ledeen:

    Creative destruction is our middle name, both within our own society and abroad. We tear down the old order every day, from business to science, literature, art, architecture, and cinema to politics and the law. Our enemies have always hated this whirlwind of energy and creativity, which menaces their traditions (whatever they may be) and shames them for their inability to keep pace. Seeing America undo traditional societies, they fear us, for they do not wish to be undone. They cannot feel secure so long as we are there, for our very existence—our existence, not our politics—threatens their legitimacy. They must attack us in order to survive, just as we must destroy them to advance our historic mission.

    Are they going to succeed and “take over the world”? Uh no. All the elites in the world know that the US is run by Jews and act accordingly by setting up defense mechanisms against Washington. And with every passing year, the US will resemble more of a third world country, with ditto power. What the Jews WILL succeed in is balkanize the US and thereby losing the most important stick they have to conquer the world.

    /Sad.lol

  44. Makati1 on Tue, 21st Nov 2017 2:11 am 

    Cloggie, well done. I’ll add this famous quote:

    “Give me control of a nation’s money and I care not who makes the laws.”
    —- Mayer Amschel Rothschild, written also Anschel (23 February 1744 – 19 September 1812), was a German Jewish banker and the founder of the Rothschild banking dynasty. Referred to as the “founding father of international finance,” Rothschild was ranked seventh on the Forbes magazine list of “The Twenty Most Influential Businessmen of All Time” in 2005.

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

    If you control the money, you control everything. Today, they control the money, the newspapers, movies, magazines, internet, and governments.

  45. Davy on Tue, 21st Nov 2017 2:14 am 

    “They don’t, not all Jews are zionists:”
    Geeze back to the Jew baiting shit. widdle g, you are a racist asswipe. Yea, the Jews suck. Yea, at some point decades ago their power was disproportionate but you are so behind the times and racist. Widdle thinks he knows history, like mad kat, they are both peddling an agenda and a conspiracy de jure.

  46. Davy on Tue, 21st Nov 2017 2:16 am 

    “GregT you are Canadian? LOL That says it all..Let me guess you live in Manitoba…”
    Nope he is an ugly west coast Canadian anti-American IOW the land of BC where 4.5MIL people think they are the center of the world. He is stuck on himself and wrapped up in his conspiracies. It is widdle g and mad kat that have ruined this board with extremism and pressured agenda peddling.

  47. Davy on Tue, 21st Nov 2017 2:18 am 

    “Ditto for the Americans who support the war mongers in their government and military”
    Shut up, mad kat, you support Duerte’s hell of extra-judicial killings. You support China and their killing and repression.

  48. Davy on Tue, 21st Nov 2017 2:20 am 

    One more thing ‘MM’. You don’t sound the least bit intelligent. You sound like a complete moron. Just saying…..”
    Wow is that the friggen kettle calling the pot balck. Widdle you say next to nothing intelligent. Most of the time you stalk and prick like a widdle moron. Go back to the greenhouse and play with your flowers.

  49. Davy on Tue, 21st Nov 2017 2:21 am 

    “I see a lot of Davy in MM’s remarks. Neighbor? Cousin? Alter ego? Son? Lol”
    Mad kat, I thought you were ignoring me. LOL. Looks like I have you right where I want you.

  50. Davy on Tue, 21st Nov 2017 2:24 am 

    “It will never happen in America. You are all so brainwashed, and so many are sucking at the government teat that there can be no change until it is too late. That is why I left. You can too.”
    Mad kat, you are sucking at the teet. You are living off your social security you do not deserve. You ran away from your family and responsibilities. You need to be back in America doing something about the mess your generation committed. Instead you ran off to a cheap club med with a Filipino boyfriend like a coward.

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