114 Comments

Transitioning away from fossil fuels -- nuclear energy is the way to go! I was involved with nuclear power for the United States Navy during my entire working life. When done right, it is safe with a much smaller impact on the environment than solar farms and windmills. It produces a stable, reliable source of electricity (vital for a functioning economy) without relying on the weather. The Navy has operated hundreds of reactors for more than 60 years without an accident or serious impact to the health and safety of people. France has produced almost 75% of their electricity from nuclear power for many years without an incident. Unfortunately, the clowns in Washington have become blinded by the dazzle of solar and wind and are ignoring nuclear energy as an alternative!

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โ€œAnd as the whole society grew wealthier, it could support more parasitesโ€ฆ more busy bodies with time on their hands and improvement on their minds.โ€ Priceless. Thatโ€™s sure been my experience.

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Well, Bill, the problems coming from climate change are not just imaginary. They are real and observable. We have got to a place of great affluence by using resources that pollute the air, water, and earth. The party is coming to an end, and like most great parties, there is a morning after. The headache and nausea will be epic for humankind. You and I know that there were mistakes made in making the prosperity we all enjoyed. Yes, the governments of the world all helped make the mess much much worse. But their intentions were sort of honorable. Only sort of. The result is that we are going to live in a world of constant stress and deprivation for years to come. The apocalypses is in slow motion. For now. It will rapidly unfold as we go into the future. Attempts to correct our mistakes will be high tech and not enough soon enough. Billions will die off.

The strange thing is that the future will be bright for many but deadly for billions. Most of the elites will survive. For the average person trying to live in the future world, it will be very very difficult to survive. That will cause major upheavals of war, starvation, disease, death across the globe.

I am glad to be an old man who will be dead and buried when it all comes to fruition. For the young and middle aged, the world will be very challenging.

We older citizens do owe some major debts to the next generation. Money will not be what they need. It will be food, clean water, clean air, and somewhere to shelter from the violent weather.

We took from the environment for a couple of centuries. They will be forced give back to the earth what was taken from it. Survival of our species will depend on giving back to the earth.

Incidentally, Bill, I hope you realize that you ARE the elite even if you are a radical elite.

Keep writing. The truth is just ahead.

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So one month till the 2nd quarter GDP is released. Good thing the government wonks are experts in the art of mathurbation :-)

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Climate Change

Will their plan really work?

Climate Change scientist and DEVOS people running the show. Never hear anything about an analysis/review on how this is going to work out.

A Down and Dirty problem solver look at EV's

2019 Asia Time article - EV cars will lead to an ecological disaster. Plugging into the Grid and not using gasoline will save the world and don't think about the elect grid.

2022 NERC power grid people indicating high-power outage risks (brown outs) this summer. Grid peaking out already?

2021 CBS ---Power demand growing faster than renewable power.

Bloomberg - By 2040 renewable to be 38% of power.

2022 EV cars and wind turbines starting to run out of Tech Metals

Copper- Nickel - Lithium - Cobalt - Rare Earths

Metal speculators turning over rocks and digging holes world wide.

2022 Metals Report- Takes years to bring mines on line and to final products. Struggling to find suppliers. Tech metals in state of deficit all the way out to 2030.

2022 UK - 17 rare earth elements in middle of "Green Technology" arms race.

UK needs 26,000 tons of NdPr to build wind turbines by 2030. China controls most of rare earths. More turning rocks and digging holes needed. Graveyard full of would be miner gone broke.

2022 Proposed huge Resolution copper mine in Arizona. Arizona delimmia - Arizona Copper Rich vs Arizona Water Poor. Mine needs 250 billion gallons of water. Lake Mead and Lake Powell almost dry now. Most of ore copper shipped out of country.

2021 - 6.5 million EV cars built. About 9% of market share. Just getting started. Elect grid peaked out now? Tech metals peaked out now? EV build peaked out now?

Is there a Plan B for EV cars?

Maybe in only in Australia. Coastal plant to convert sea water into hydrogen gas.

Convert existing cars? How long to tool up? New PM an EV believer?

Is there a Plan C mitigation plan to implement if 2030 is not met? Can we wait to 2030 to start?

Also threats to Climate Change. High inflation - Recession/financial crisis coming - War in Ukraine

What has been missed? 2050 vs 2030

2015 number was 2050. 2018 number went to 2030.

2050 was doable. 2030 huge loss of 20 years of new technology to solve problems. What can replace the 20 years loss in just 8 years?

What is the real Climate Change problem?

Lack of people with good problem solving skills, world wide, everywhere.

Never look at the big picture.

Never think things through.

Never start with the end in mimd.

Can't make things run right.

Can't fix things.

But good at making things worse.

Federal Reserve?

CDC?

Senate?

House?

Administration?

Schools?

Is Climate Change on the road to success?

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Bill, your reasoning -- as it often is -- is ass-backwards. Humanity ALREADY experimented with changing the climate when they started heavily burning fossil fuels back in 1850. Their intention was not to change the climate and heat up the planet, but that's what happened. It was a by-product of burning fossil fuels.

The policies that are being discussed and put in place, now, are an attempt to UN-DO what humanity has already DONE. All the Global Warming deniers scoff at the idea that we can change the world's climate. We've ALREADY changed the climate! Duh!

Now, the far-sighted who accept the reality of the situation are desperately trying to stop the carnage and reverse it, if at all possible. That's NOT the same as "controlling the climate."

If you are seriously injured in a car accident and the emergency-room trauma surgeon is desperately fighting to save your life, would you accuse him of trying to "control your body?" No, of course not! You would be begging him to do everything in his power to save your life. Well, that's where we are with Global Warming. Planet Earth is seriously injured as a result of humanity's actions. Now, the policy-makers are acting in the role of the trauma surgeon as they fight to save the patient -- Planet Earth.

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Bill, I think you are right on with the pic. But I am old and don't like cold weather anymore!

Don Harrell

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Hello from Belgium,

I have a question;

I hear and I read also about the transiton from cash money in the bank to a kind of national created electronic/crypto money (... brought up by Mrs Pelosi , Bill Gates ... ) by witch the central bank will be able to control each personally financial status... are or these just rumors...?

Looking forward to your reply,

Ignace

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Depressing thoughts but brilliantly written as ever

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markets have NEVER been free generations of souks/bazaars traders of every kind have sought to control markets in some way to maximise profits .. the problems of production consumption and location/transport/supply/inventory were only overcome by total ignorance of the side effects on living organisms .. so exaggerating the past to obliterate the future is just as stupid as all the examples you quote .. how about dealing with the simple problems like removing micro plastics from our seafood or lead poisoning most of the world children etc etc yep just like Puta-Putin just the other side of the coin is all you've got to solve the problems eh? how about some real advice rather than just complaining about the entire human history of greater control by the corrupt criminals influencers and power brokers .. until we kill/exterminate them all nothing changes so let the battle begin ! nothing will clean up the planet quicker than WW3 .. that's the price you pay for not listening to Generals Patton & MacArthur

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Only the democrats could believe that malarkey.

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To call this a recession is twisted. Deranged and not like the Carter recession of the late 1970's. Stagflation. 18% interest rates. Today's interest rate is 1.75%.

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One of Bill's best.

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Now the global elite is ever more powerful. The Great Reset is upon us, & the corporate media have convinced the masses itโ€™s just a crazy conspiracy theory.

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The US economy is doing great. Airlines are having their busiest 4th of July weekend since 2000. Unemployment is a record 3.6%. Looking good. Start buying now before you miss out.

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The bond market is voting that Powell will be more Arthur Burns than Paul Volcker. I agree, but would love to be proven wrong :-)

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