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Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb
The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog. We are also making archives of the blog available for free download in various formats (see below).
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by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are
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The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by
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Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
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Wanted: Climate Researcher to Write Extreme Weather Just-So Stories to Serve Up to Credulous Media Wed Jul 24, 2024 07:00 | Chris Morrison
If you wondered where the MSM get all their lurid stories attributing 'extreme weather' to climate change, look no further than a new job ad for a "researcher" focused on creating alarmist propaganda, says Chris Morrison.
The post Wanted: Climate Researcher to Write Extreme Weather Just-So Stories to Serve Up to Credulous Media appeared first on The Daily Sceptic.
News Round-Up Wed Jul 24, 2024 01:01 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
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Porsche Scraps Electric Car Targets as Demand Slumps Tue Jul 23, 2024 19:43 | Will Jones
Porsche has scrapped its sales targets for EVs amid a slump in demand. A previous goal of 80% by 2030 has been watered down and the company now says sales will depend on uptake and how the technology develops.
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?Mission-Driven? Government is the Antithesis of Liberty Tue Jul 23, 2024 17:30 | Dr David McGrogan
Labour is "mission-driven", says Keir Starmer. But the last thing anyone should want is a Government with a mission, says David McGrogan. That's because a Government with a mission needs conscripts. That's you and me.
The post “Mission-Driven” Government is the Antithesis of Liberty appeared first on The Daily Sceptic.
Victory! Hospitals That Brought Back Mask Mandates Backtrack After Complaints Tue Jul 23, 2024 15:30 | Dr Gary Sidley
A victory in the mask wars! Two hospital providers that brought back mask mandates have backtracked and scrapped them following complaints from Daily Sceptic readers and Smile Free supporters.
The post Victory! Hospitals That Brought Back Mask Mandates Backtrack After Complaints appeared first on The Daily Sceptic.
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Jump To Comment: 1 2 3cause of this financial crisis = capitalisms unsustainable reliance on cheap fuel at start of "oil age". capitalism was able to exploit oil and its associated attributes, modern world as we now know it, as long as it could. those days are over, thankfully!!
what comes next, who knows, it is going to be tough over next while, already many in ireland have lost jobs. but maybe now the critical dialogue might start to kick in.
As eco city guru said, now is the time to build eco cities
related post: From OIL AGE financial crisis, to sustainable communities + COP 15
http://itsafunnyoldworld.wordpress.com/2008/10/30/oilage/
id also direct you to Ugo Bardis views on this, in a spanish / italian mix:
http://www.youtube.com/watch?v=4kOUvYV8dQw (poor sound quality)
ASPO Italia 1 - Ugo Bardi
http://www.youtube.com/watch?v=rmTULzFq--Y
ASPO International | The Association for the Study of Peak Oil and Gas
http://www.peakoil.net/
Oil age in terms of Irish Stout. 1900, 2000, 2100 - Colin Cambell
Caption: Video Id: 4kOUvYV8dQw Type: Youtube Video
Embedded video Youtube Video
Whilst I agree largely with the analysis given above and the ones given by Dunk relating to the era of cheap oil are also valid, I think the best way to look at what is happening is to do the analysis at multiple levels and timescales because each provides more of the picture.
So for example, the cheap oil analysis can be viewed at over the last year or two where the surge to $147 a barrel for oil, sucked the remaining discretionary income from people as costs of everything went up. Looking at it over the multi decade level we can see it was responsible for the build out of suburbia and the absolute dependence of the physical structure of the economy on cheap energy.
On the currency level, we can see that the break of the dollar from the gold standard in the early 1970s by Nixon, because the US was going broke because of the Vietnam war, it is very apparent that the dollar has hyperinflated since then and especially so in the last 7 or 8 years.
Yet another analysis, a traditional Marxist one says that capitalists switched to finance and speculation to maintain profit levels over the last decade or too and yet the financial sector didn't seem to produce anything other than large debits to be paid back sometime in the future. This could be seen as a way of trying to reap tomorrows profits today.
At the same time, you can also take the view that the workers who had won so many rights and increased living standards (in the West at least) but were steadily losing them to globalisation, sought to maintain the standards of living despite job insecurity and falling wages in real terms and the banks were only too happy to lend out the money to maintain their own profits. As most people know lots of people borrowed against the "increased" value of their houses.
There are still other ways of slicing through what is happening in terms of looking at it from short term, medium and longer term historical perspectives.
It could be argued that if the financial deregulation didn't happen in 1998 (during the Clinton years under the influence of the people who have now been picked by Obama) that maybe the longer term factors mentioned above would have lead to the same crisis more or less, but a few years or even a decade later. However regardless, it is still worth learning and investigating what is happening at these different levels rather than solely concentrating on things from just one particular time period or from one set of factors.
Because of the economic crisis that we are facing today lots of people are facing bankruptcies. Bank of America just can’t stay out of the headlines. Whether it’s Bank of America getting a bailout, getting slapped in a class action lawsuit, or getting into a tiff with Merrill Lynch executives over lying to them about the company they just bought, they get into the news. Oddly enough, just like the absorbed asset Merrill, they are being stung with requests to disclose their bonuses. It appears that they used the quick loans they got from the taxpayers (which they aren’t required to pay back) to pad their executives’ bank accounts. Mario Cuomo, attorney general of New York, and U.S. Rep Barney Frank aren’t happy with Bank of America for enriching themselves after they nearly went broke. Read more on this site: http://personalmoneystore.com/moneyblog/2009/03/10/offi...uses/.