Global Depression 2022 - Time to do the Breadline Boogaloo!

[Glowie]

The thing is we know both Russia and China are increasing their gold stockpiles because their gold imports are tracked and reflected on market prices for gold. Just search "Russia/China increases gold stockpile" and there's a ton of hits from the past two years.

Russia and China can build up their gold reserves all they want, it doesn't help economies of both are FUBAR, civil unrest, food shortages, sanctions then some.

BRICS nations are developing nations, gold backed imagined BRIC currency isn't going to be leading world currency when member nations are corrupt, low trust or both.

Anyone with precursory in history and experience with USSR, they failed. Handful of developing nations who leech off developing nations isn't going to make difference.

Look up US and European gold stockpile. The fact planned BRICS currency has to be accepted as legal tender outside BRICS nations, who have limited to nonexistent essential exports that Anglosphere and eurozone does not have, both are decoupling from Russia and China both.
India, Brazil and south Africa have fuck all to contribute.

US dollar is going to stay as world reserve currency, followed by British pound and euro respectively. Anglosphere and EU aren't dependent on BRICS countries

You have to produce real, tangible goods to have an economy.

To have national security, you have to produce the real, tangible goods required for war, which includes energy, common metals, rare earth metals, and manufactured goods.

Watching the Germans be forcibly de-industrialized by natural gas starvation, then vote green party into office is proof to me that negative IQ exists.

It's quite clear the incompetent leadership in the west will be riding the clown world express nose-first into a volcano.

What do you expect from a country that brainwashes their own population that the holocaust is their original sin, having national pride is bad and devolve.

A country that was run a ex stasi chancellor, commie Merkel and now rebranded socialist party. Green party is like a watermelon, green from the outside, but deep red inside.

It's fucking baffling to go full China and opt for coal energy instead of nuclear, greenest energy option avaible. Multiple Nordic countries and European countries are building nuclear plants to help to decouple from Russia and produce cleaner energy. Green party and everyone who unironically support those retards while yelling 'glory to Ukraine', all the while relying on imported coal and liquid gas.

As a side note green party opposes research on hydrogen power, vehicles, etc. Not only greens are retarded commies, but they are uneducated and gimps of fossil fuel industry.

 

[tehpope]

https://www.zerohedge.com/personal-finance/cost-soup-about-soar-even-higher-thank-president-biden

The Biden administration on Thursday announced new tariffs on can-making metal imported from China, Germany and Canada, a move that food companies say could lead to higher prices for some canned foods.

Chinese products would be subject to the highest tariffs of the three countries—a levy of 122.52% of their import value. That rate partly reflects Chinese companies’ refusal to cooperate with the investigation to prove their independence from the Chinese Communist Party, an administration official said.

The Consumer Brands Association, a trade group representing companies such as Campbell Soup and Fresh Del Monte Produce, estimated new tariffs, if applied aggressively, could raise the prices of canned food by up to 30%.

Get ready for canned food going up a lot. Let's go brandon. I mean, LET'S GO!!!!!

 

[tehpope]

https://www.jdpower.com/business/press-releases/2023-us-credit-card-satisfaction-study

Total U.S. credit card debt increased $45 billion between April and June of this year and has now topped the $1 trillion mark, according to the New York Federal Reserve. For the nation’s credit card issuers that inauspicious milestone, combined with several other consumer behavioral trends, should be cause for concern. According to the J.D. Power 2023 U.S. Credit Card Satisfaction Study,SM released today, 51% of U.S. credit cardholders now carry revolving debt at an average overall self-reported interest rate of 14.8%. As the overall financial health of cardholders deteriorates, customer satisfaction with rewards programs and other perks designed to build loyalty is suffering.

 

[Maggots on a Train v2]

https://www.zerohedge.com/personal-finance/cost-soup-about-soar-even-higher-thank-president-biden

Get ready for canned food going up a lot. Let's go brandon. I mean, LET'S GO!!!!!

So after years of tariffs being too impossible or irresponsible to do, THIS is what they slap an import tax on. And not truly useless shit like Temu.

 

[Quindoll]

It's fucking baffling to go full China and opt for coal energy instead of nuclear, greenest energy option avaible. Multiple Nordic countries and European countries are building nuclear plants to help to decouple from Russia and produce cleaner energy. Green party and everyone who unironically support those retards while yelling 'glory to Ukraine', all the while relying on imported coal and liquid gas.

Depending on the sources the CO2 emissions are sometimes higher for wind, sometimes for nuclear. But let's not get into this. Which countries are going nuclear right now?

The UK?
3200 MW under construction. Should be finished in 2027/2028. Further 3200 MW planned, but construction will not be finished after 2030. Till than 4750 MW are planned to be shut down. Leaves an increase of 1650 MW. Or only 459 MW if we include the planned shutdown of Sizewell B in 2035.
And chances are good this might be one of the last new reactors, since construction delays and cost overruns, as always with nuclear, turned Hinkley Point C into such a nice investment.

Belarus?
Getting the reactors and fuel from Atomstroyexport...oh ya that decoupling happening. I see it.

France?
Most reactors build with a lifetime of 40 years in mind. Average reactor age: 39 years. Reactors in construction? 1. That reactor, Flamanville 3 was originally planned to be ready by 2012, construction began at the end of 2007. Now planned for 2024 to begin producing electricity. See a pattern with nuclear power already?

Slovakia?
You mean the two reactors under construction since 1987. See the issue? One of which, started producing in 2022/2023. Gain? 880 MW. Decommissions planned till the end of 2025? 942 MW. Net loss: -62 MW.

Hungary?
2400 MW for 2030 planned. But from 2032-2037 the licenses of 2000 MW will run out. Leaves a gain of 400 MW. But also cucked by Atomstroyexport again.

Finland?
1600 MW in 2023. I'll give you that one.

There is always a huge difference between original plans to do so and then the actual reality. I only take plants into serious considerations if they actually make it into the construction phase and then comes the inevitable construction delays and cost overruns.

Now to the actual coal use by Germany for example:

There was a slight increase in coal production in 2022. Now there also was an increase in the electricity export. Guess which nuclear power country had some issues with their way too old nuclear power reactor fleet and turned into an electricity importer for the first time in decades:


Yeah good job. The plus in coal electricity generation was not even that big to begin with. If one includes the exports, that also went to France, they nearly become negligible.

As a side note green party opposes research on hydrogen power, vehicles, etc. Not only greens are retarded commies, but they are uneducated and gimps of fossil fuel industry.

I did the work prior, now you do this one. There is little to no argument for hydrogen use in certain vehicles. For example passenger cars. Now do me the favor and look up how much electricity an electric car needs for a given instance compared to the electricity you would need to produce the hydrogen to drive the same distance.

You will be surprised.

Also since you are pretty arrogant about your points and seem to really have no clue what you are talking about. Mon ami, where do those thoughts come from? Who did you let take a shit into your head?

 

[Darkholme's Dungeon]

As a side note green party opposes research on hydrogen power

To my recollection biggest source of hydrogen (in asia) is from... burning coal and as a side product.
I do think ut's a good idea to be more efficient though.

 

[Glowie]

I did the work prior, now you do this one. There is little to no argument for hydrogen use in certain vehicles. For example passenger cars. Now do me the favor and look up how much electricity an electric car needs for a given instance compared to the electricity you would need to produce the hydrogen to drive the same distance.

You will be surprised.

Also since you are pretty arrogant about your points and seem to really have no clue what you are talking about. Mon ami, where do those thoughts come from? Who did you let take a shit into your head?

That is all, learn metric system on the side.

 

[Quindoll]

View attachment 5292620
That is all, learn metric system on the side.

C'mon. Energy use of hydrogen car vs. electric car. I am still waiting.

Also. Do you have friends, family that have asthma? Some problems with breathing? There is more to the topic of energy density. Having to breathe in the high quality air left by massive coal power plants like in China might be one of those "more to the topic" factors.
But since we are at energy density. These 30 kWh of energy per kg have to come from somewhere. Hinkley Point C at this point will produce with costs of 143 Euro/MWh. Meaning 14,3 Cent per MWh.
Hm...33 kWh x 14,3 Cent = 4,719 Euro/kg hydrogen. But...wasn't there something? Ah ya. You "lose" some energy during the production of hydrogen. The energy conversion efficiency is around 80 %. So if you put 100 kWh in - you lose 20 kWh.

So you need 39,6 kWh to produce 1 kg of hydrogen for 5,6628 Euro each. Expensive!
Do you slowly see the issue?
Also electric engines are more efficient. You can get your 100 km distance with most electric vehicles by using 20 kWh of electricity. How far do you get with 2 liters of Diesel? 40-50 km?

So again? Where do you get those thoughts from?

 

[teriyakiburns]

C'mon. Energy use of hydrogen car vs. electric car. I am still waiting.

They're both shit. Hydrogen is probably worse, but BEV is barely any better. Yes, electric cars are highly efficient, but that's because they have to be, in order to eke out every last joul of energy from their batteries. The moment you do anything outside of a very strictly defined norm (like driving in cold weather, or carrying more than the ideal calculated weight), your range plummets.

 

[Quindoll]

They're both shit. Hydrogen is probably worse, but BEV is barely any better. Yes, electric cars are highly efficient, but that's because they have to be, in order to eke out every last joul of energy from their batteries. The moment you do anything outside of a very strictly defined norm (like driving in cold weather, or carrying more than the ideal calculated weight), your range plummets.

Your solution?

 

[teriyakiburns]

Your solution?

My solution is to reject the lie of anthropogenic climate change, which removes the necessity to transition to electric vehicles in the first place.

 

[Quindoll]

My solution is to reject the lie of anthropogenic climate change, which removes the necessity to transition to electric vehicles in the first place.

So what will you do, giving the even slightest probability, if you are wrong?

 

[mindlessobserver]

Just wait until blackstone goes under due to cities hollowing out.
Evergrande will look like a popper firework.

I'll be the first to admit I am a doomer and have some screws loose, but people need to SERIOUSLY start considering where they are working right now, and ask themselves "Will my job survive AI and/or an Economic meltdown? If the answer to one of these questions is no, consider life choices. If the answer to BOTH is no, career change. Now.

 

[Glowie]

C'mon. Energy use of hydrogen car vs. electric car. I am still waiting.

By EVs that can't handle hot and cold climates; Chinese ones that spontaneously combust? Like so.

I was strictly referring to hydrogen combustion engine, energy potential and the fact they offer better mileage.

Point was that hydrogen provides more energy not just in cars, but in Air travel as well and power plants

Moreover Hydrogen energy provides note green energy compared to fossil fuels and ev batteries that spend more resources, like rare earth minerals

The cost argument is a red herring.

It's funny how that you made a strawman arguement out of the fact ass backwards left and green parties are sole reason why so many countries are behind schedule building greener and safer energy solutions. Odd, why's that?

 

[teriyakiburns]

So what will you do, giving the even slightest probability, if you are wrong?

If I were wrong, nothing I can do could actually make any difference, as my contributions of "carbon" are so infinitesimal that they cannot be statistically accounted for. Part of the lie itself is placing responsibility for "carbon emissions" onto individuals, when the responsibility lies primarily with a very small number if international conglomerates. It is in their interests to deflect responsibility for this so-called problem to the aggregate population, while they invent new financial instruments to profit from the regulatory environment they have created, and sell new products to the people they've conned into the belief that they're causing the end of the world just by existing.

 

[Quindoll]

As a side note green party opposes research on hydrogen power, vehicles, etc.

There is little to no argument for hydrogen use in certain vehicles. For example passenger cars.

That's my point.

I was strictly referring to hydrogen combustion engine, energy potential and the fact they offer better mileage.

The cost argument is a red herring.

If we go that way. It is kind of hard to get that point from you given the post history. But fair enough. But then you go with:

Moreover Hydrogen energy provides note green energy compared to fossil fuels and ev batteries that spend more resources, like rare earth minerals

What is that now? I thought milage was the point. Why is me bringing up costs a red herring while you bringing up, supposed, lower resource use by hydrogen not?
Also regarding that specific project:

https://ieefa.org/resources/hydrogen-energy-supply-chain-project-viability-remains-uncertain-wake-hydrogen-headstart

Nothing says green more than using coal. Awfully German of you.

If I were wrong, nothing I can do could actually make any difference, as my contributions of "carbon" are so infinitesimal that they cannot be statistically accounted for. Part of the lie itself is placing responsibility for "carbon emissions" onto individuals, when the responsibility lies primarily with a very small number if international conglomerates. It is in their interests to deflect responsibility for this so-called problem to the aggregate population, while they invent new financial instruments to profit from the regulatory environment they have created, and sell new products to the people they've conned into the belief that they're causing the end of the world just by existing.

For someone who believe he makes no difference, you are pretty interested in politics. Just a hobby, entertainment? Or does it make a difference there because the scale is just millions of people instead?

 

[Glowie]

If I were wrong, nothing I can do could actually make any difference, as my contributions of "carbon" are so infinitesimal that they cannot be statistically accounted for. Part of the lie itself is placing responsibility for "carbon emissions" onto individuals, when the responsibility lies primarily with a very small number if international conglomerates. It is in their interests to deflect responsibility for this so-called problem to the aggregate population, while they invent new financial instruments to profit from the regulatory environment they have created, and sell new products to the people they've conned into the belief that they're causing the end of the world just by existing.

I'd like to add very invention of carbon footprint was coined by British fossil fuel company BP. Retarded governments and mass polluters like China who got fucked by two typhoons, floods and hailstorms. So called global freezing that Russia was banking on didn't happen either, in fact Europe had warmest winters in centuries.

Same companies like BP and Shell for example bank on greener energy in bad faith, while buying out the competition and lobbying the shit out various governments. Not to mention countries like Saudi Arabia whose sole export to the world is crude and that is a finite resource. Hydrogen and alternatives that are more cost effective as time goes on. Gasoline and petrol engines were avaible to elites during their infancy, due the fact at the time they lacked technology to produce more cost effective cars for the masses. EVs lack that capability to develop.

 

[mindlessobserver]

A Warmer climate actually stands to Benefit Europe and North America, not hurt it.

Just saying.

 

[Quindoll]

A Warmer climate actually stands to Benefit Europe and North America, not hurt it.

Just saying.

I am...not sure about it. Where do you get the confidence from? I would like to agree with that, but the whole thing is highly complicated with processes that influence other processes and so on.

So my modus operandi is trying to keep our influence on the environment down towards a reasonable degree. I know the current state. That's ok. I do not know the possible future state: Therefore: Caution.

Does that make sense for you?

 

[SleepingBull]

So my modus operandi is trying to keep our influence on the environment down towards a reasonable degree.

The modus operandi of humanity is to expand our influence to control as much as possible. Actually, it is more of a core directive of life in general. Find a way to convert things into copies of you, or extract energy from things, or otherwise make anything and everything benefit you and expand you. Those that fail to push the boundaries will be consumed by those who do. The only sane climate change policy can be flippantly referred to as "manifest destiny". It might be limited to some trivial cloud seeding tricks used for wars or olympics for now, but the will of humanity does not have the capacity to be stopped. We know perfectly well that this planet has all sorts of historic climate shifts that would be destructive to our current setup. It is only a matter of time until the cards deal us an ice age we'll need to prevent.