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Geopolitical risk may be the factor to watch in 2018 for oil

Geopolitical risk may be the factor to watch in 2018 for oil thumbnail

A U.S. president eager to advance an agenda of energy dominance, and a market with no room for risk, means 2018 may be one for the geopolitical books.

The New Year started with Iran in the grips of one of its worst bouts of political unrest since the Green Revolution in 2009 brought the first glimpses of a challenge to the cleric-backed regime. On Thursday, hundreds of protesters gathered in Mashhad, the country’s second-largest city by population, to chant slogans against rising prices in the Islamic Republic. By the weekend, those protests had turned violent and deadly.

As the unrest escalated, Eshaq Jahangiri, one of the country’s vice presidents, said Thursday he felt the economy was “on a good trend” and inflation, while high, was under control. According to the International Monetary Fund, growth in gross domestic product for Iran should be around 4.2 percent, though a rate of inflation close to 10 percent is problematic for one of the world’s top oil producers.

Addressing the mounting frustrations on the street, Iranian President Hassan Rouhani acknowledged Monday that while sanctions relief since the implementation of the U.N.-backed nuclear agreement in 2015 had contributed to growth, it was not enough.

“People have problems and these problems must be solved,” he was quoted by the Iranian Students’ News Agency as saying.

Iran is one of the top producers in the Organization of Petroleum Exporting Countries. Total receipts from the export of oil products and natural gas condensate were $2.5 billion over the last seven months, a 41 percent improvement over the same period during the previous year. By November, the country was producing around 3.8 million barrels of oil per day, an uptick from the bottoming out of 3 million barrels per day before the U.N. deal.

Joe McMonigle, a senior energy analyst at Hedgeye Risk Management, said Iran could be facing further external pressures this year from U.S. President Donald Trump, who as a candidate threatened to rip up the nuclear agreement.

“Oil markets could see a few geopolitical lottery tickets in 2018 if Trump, as I expect, nixes the Iran nuclear deal by re-imposing oil sanctions,” he told UPI.

In neighboring Iraq, also one of OPEC’s top players, hundreds of thousands of barrels of oil were caught in the crossfire in October as rival forces fought for control over the disputed northern city of Kirkuk. Though there were competing narratives over the flow of oil, the federal government made it clear it would be the Iraqi flag that flew over the area.

Trump by then had already threatened to unravel the Iranian nuclear agreement, something McMonigle said could put about 1 million barrels of Iranian oil out of the market. That was in a year when the five-year surplus of oil was drawing closer to even, leaving little room for luxuries like conflict in Iraq or unrest in Iran.

In 2017, World Bank President Jim Yong Kim said global economic momentum was “robust,” but warned the interdependent world that normally binds peace to deeper levels of connectivity was “falling apart and countries and peoples are pulling away from each other.”

In a weekend message on the New Year, U.N. Secretary-General António Guterres issued a red alert instead of an appeal, saying that many of the world’s problems can be addressed only through unity.

“Narrow the gaps. Bridge the divides,” he said. “Rebuild trust by bringing people together around common goals.”

In November, analysts at Morgan Stanley said an oversupplied market for oil, a situation that pushed oil prices below $30 per barrel in early 2015, is a market that’s more or less immune to risk like an interconnected world “falling apart.” With markets tightening in the second year of OPEC’s balancing act, geopolitical issues are a now an obvious factor.

“With economies around the globe recovering and supplies beginning to dwindle, oil markets may become increasingly vulnerable to political unrest,” Morgan Stanley’s report read.

With risk comes the need to play a good strategic hand. In his obligatory National Security Strategy, Trump, a president eager to remove anything that stands in the way of energy dominance, said the United States under his direction would use its newfound role as an energy exporter to build leverage overseas.

“As a growing supplier of energy resources, technologies, and services around the world, the United States will help our allies and partners become more resilient against those that use energy to coerce,” the strategy reads.

That’s a veiled shot across the Russian bow as the United States looks to send shale natural gas in a super-cooled liquid form deep into the Kremlin’s sphere of influence.

Samantha Gross, a researcher at The Brookings Institution, said Trump’s focus on energy dominance is a provocative one. The U.S. energy sector is a private one, she said, and the companies there are motivated by profit, not by politics.

Those sentiments were backed up by comments made to UPI by Johann Pleininger, a member of the executive board at Austrian energy company OMV, who said his company wasn’t making deals along global fault lines.

OMV has a role in Russian plans to twin its Nord Stream natural gas pipeline through the Baltic Sea, though U.S. sanctions and European concerns about Russia’s grip on the energy sector pose challenges to implementation. For OMV, however, Pleininger said business was business.

“We deal in business not geopolitics,” he said.

But Healy Baumgardner, a global fossil fuel adviser at The 45 Group, former Trump campaign spokeswoman and the former press secretary for the Energy Department under President George W. Bush, told UPI the United States, with its new position as crude oil and natural gas exporter, finds itself with a unique strategic opportunity.

“With Saudi diversifying from oil; volatility in the oil markets including continued instability and lack of compliance within OPEC; and current geopolitical developments such as China, North Korea, Iran and Russia, President Trump is playing his cards correctly by harnessing this instability to re-approach bilaterally versus multilaterally to change the balance of power in domestic production and America’s favor,” she said. “Truly the art of the deal.”

For OPEC members, especially the de facto leader Saudi Arabia, higher oil prices have their own political implications. This year will see the initial public offering for Saudi Aramco, the world’s largest oil producer. Gross at Brookings said the offer, which could be valued as high as $2 trillion, is part of Riyadh’s effort to transform the economy through a strategy dubbed Vision 2030 that could diversify its economic lifeline.

For the IPO to live up to its expectations though, the price of oil can’t collapse, leaving Riyadh with a trump card of its own to play.

“With the Aramco IPO in 2018, the Saudis will continue to be assertive like activist investors in the oil market doing all they can to support prices to make the IPO a success,” Hedgeye’s McMonigle added. “I would not bet against them now.”

Year-end analysis from commodity pricing group S&P Global Platts said about 1 million barrels per day were drained out of crude oil inventories last year, “virtually eliminating the entire surplus.” A tighter market in 2018 leaves little margin for error and it may be the geopolitical factor as the one to watch this year.

UPI



19 Comments on "Geopolitical risk may be the factor to watch in 2018 for oil"

  1. Makati1 on Wed, 3rd Jan 2018 10:41 pm 

    Sounds like a good time for China to release their PetroYuan and take the US down a peg or two. 2018 could be the year the US implodes from over-reach.

    https://www.zerohedge.com/news/2018-01-03/petro-yuan-looms-how-china-will-shake-oil-futures-market

    “But now it’s China who’s entering the fray, following on plans set up way back in 2012. And the name of the game is oil-futures trading priced in yuan, with the yuan fully convertible into gold on the Shanghai and Hong Kong foreign exchange markets. … trading is expected to start Jan. 18….What’s certain is that the BRICS supported the petro-yuan move at their summit in Xiamen, as diplomats confirmed to Asia Times. Venezuela is also on board. It’s crucial to remember that Russia is number two and Venezuela is number seven among the world’s Top Ten oil producers. Considering the pull of China’s economy, they may soon be joined by other producers.

    Yao Wei, chief China economist at Societe Generale in Paris, goes straight to the point, remarking how “this contract has the potential to greatly help China’s push for yuan internationalization.” (And the demise of the USD)

    Go for it China! LOL

  2. Cloggie on Thu, 4th Jan 2018 1:04 am 

    Peak conventional oil is irrelevant. There is an entire planet to frack, there is the enormous potential for underground coal gasification. And of course there is the enormous potential for renewable energy, now already the largest share of new installed energy capacity world wide. In other words renewable energy has won, energy problems solved in a few decades.

    https://www.sciencedaily.com/releases/2017/04/170406121627.htm

    https://www.theguardian.com/environment/2017/feb/09/new-energy-europe-renewable-sources-2016

    The real risk of destabilization and food for doomers is geopolitics, not energy.

    That’s not to say that energy supply could not become a problem as a result of war, especially in the Gulf.

    The problem is human behavior, not non-existing planetary depletion.

    Yesterday the Iranian regime managed to mobilize huge numbers of supporters. The difference between Syria and Iran is that Iran has a dominant Shia majority, where Syria, like in Iraq, had/has dictatorships based on minority rule. That’s why I think that the regime in Iran won’t fall, regardless of how hard to US tries. Instead the US should worry about instability in the KSA, their last ally in the ME.lol

    2018 could be the year the US implodes from over-reach.

    I think that the US will remain in one piece until The Donald leaves office. Then a Yugoslavia/Ukraine/Syria/Iraq scenario could unfold.

    This is how James Howard Kunstler speculates the US could look like, “after the break”:

    https://peakfuture.files.wordpress.com/2015/09/wmbh_012.jpg

    I continue to bet on my adapted Samuel Huntingtonian identitarian world map:

    http://tinyurl.com/y8ydx6a9

  3. Boat on Thu, 4th Jan 2018 2:13 am 

    Clog,

    It is good to see dementia come with a map. Lol You need to get out more pops.

  4. deadly on Thu, 4th Jan 2018 5:39 am 

    It is all spontaneous bullshit!

    When you are born and grow up to be a big full-sized person doesn’t mean you have a responsibility to kick ass all of the time.

    It is done all wrong and it could be much more enjoyable.

    Not that big a deal to just breathe and make the best of it each day.

    If you are going to bomb anything at 50,000 feet, you need a lot of jet fuel and hardware to make it happen.

    The US taxpayer has paid for it all and does expect to get its money’s worth.

    End of story. Now you know the rest of the story.

    At 250,000,000,000 barrels of recoverable oil, at a price of 60 USD, Aramco has potential revenues of 15,000,000,000,000 dollars after selling 250,000,000,000 barrels of oil.

    At production of 10,000,000 barrels per day, it will take 25,000 days of business to deliver oil hither and yon.

    25,000/365 will be 68.49 years of oil, all for sale to be burned and used.

    Looks like a go for the ipo.

    15,000,000,000,000 dollars worth of oil is going sell.

    Saudi Aramco is not going to sell everything and quit.

    Japan needs their daily ration of 500,000 metric tons of oil.

    Why give away the business to the Chinese?

  5. Davy on Thu, 4th Jan 2018 5:46 am 

    “2018 could be the year the US implodes from over-reach.”

    LOL, nedernazi, the imploding will be the global system, Eurotard land included. It could easily start in China and cascade throughout the world as an economic contagion of multiple Minsky moments. China is beset with an out of control bubble it can’t deflate and that will eventually pop. You and mad kat are clueless of global economic reality because you are peddling a binary agenda. You are promoting peoples not discussing reality. This is a hate based agenda of old men bored and pissed off at the world.

  6. Davy on Thu, 4th Jan 2018 5:53 am 

    “Peak conventional oil is irrelevant. There is an entire planet to frack, there is the enormous potential for underground coal gasification. And of course there is the enormous potential for renewable energy”

    Peak conventional oil is not irrelevant. Peak conventional oil is established and economic and it is declining. It must be replaced with more expensive less robust energy sources. Renewables likely cannot scale up in quantity and quality of net energy to take the place of declining fossil fuel resources. Fracking and coal gasification likely cannot scale up to replace declining conventional oil. They are too expensive economically for global applications. They require huge amounts of water. All this is mostly talk now neder. You are peddling a future that has not yet been realized and is still in its formation. There is nothing that says it will happen. It might happen and it might not. The challenges based on real science and economics is not bright for a fantasy energy transition you are promoting.

  7. Davy on Thu, 4th Jan 2018 6:02 am 

    “Sounds like a good time for China to release their PetroYuan and take the US down a peg or two.”
    Sure mad kat. PetroYaun is now little more than a new toy the financial speculators will play around with to try to manufacture another Chinese bubble. It will be irrelevant in the big picture and in the timeline of civilizational decline. The dollar is here to stay unfortunately for your agenda. It will be diminished but it will remain significant. There are no alternatives, nothing. PetroYaun will be more bric bank nonsense. The US is going down along with your Asia. You will suffer also living on an overpopulated 3rd world island where the worst is likely to occur.

  8. MASTERMIND on Thu, 4th Jan 2018 6:49 am 

    Clogg

    Conventional oil makes up around 80 percent of our entire supply. And now that it’s in permanent decline fracking can’t make up for it all of the worlds conventional fields declining all on its own.

    Chevron CEO warns US shale oil alone cannot meet the world’s growing demand for crude
    https://www.cnbc.com/2017/05/01/us-shale-cannot-meet-the-worlds-growing-oil-demand-chevron-ceo-warns.html

    And coal and gas are peaking in the next decade as well so we can’t use those either.

    Projection of World Fossil Fuels by Country (Mohr, 2015)
    http://www.sciencedirect.com/science/article/pii/S0016236114010254

    And solar and wind produced one percent of total energy so that wont work either.

  9. MASTERMIND on Thu, 4th Jan 2018 6:53 am 

    Clogg

    According to the HSBC Study the world would need to discover and bring online 6 1/2 new Saudi Arabia’s worth of oil for supplies to meet increasing global demands by 2040. And according to the Saudi Aramco CEO we need to discover and bring online two new Saudi Arabia’s worth of production in the next five years to prevent a massive oil shortage…

    https://www.reuters.com/article/us-aramco-oil/aramco-ceo-sees-oil-supply-shortage-as-investments-discoveries-drop-idUSKBN19V0KR

    https://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017

  10. Davy on Thu, 4th Jan 2018 6:54 am 

    Funny that mad kat, these are the people you are putting up on a pedestal and calling the US a propaganda machine and police state. I am not disagreeing with you concerning the US but why not be honest and report this news in your own backyard? The reason is you are peddling agenda not discussing the truth. BTW, mad kat this Chinese response to global realities will only worsen as the whole country becomes more dysfunctional in its pursuit of credit stimulation and its desire for cultural stability. China is a bomb ready to explode and you are directly on the other end of the fuse being in the P’s where so much depends on China.

    “China Orders Media To Stop Reporting Iran Unrest, Desires Stability For Massive Investments”
    https://tinyurl.com/y6wzvouq

    “As widespread protests in Iran have now reached a full week, a new censorship directive from the Chinese government has ordered newsrooms across the nation to cease reporting on Iran demonstrations.”

    “However, authorities in Beijing have as their chief driving concern that Iran maintain stability as China has already positioned itself to be the chief international investor in Iranian infrastructural projects, to the tune of tens of billions of dollars. When asked about the Iran protests at a regularly scheduled press conference on Tuesday, China’s foreign ministry spokesperson Geng Shuang simply gave a one-sentence answer and moved on, saying, “China hopes that Iran can maintain stability and achieve development.” This decidedly conservative and reserved pro-Tehran response has much more to do with protecting Chinese investment and trade growth in an emerging market, than it does over questions that Iran protests could inspire similar movements domestically.”

  11. MASTERMIND on Thu, 4th Jan 2018 7:08 am 

    Davy

    Lately, and following the downgrade of his country’s credit rating, Zhou Xiaochuan, governor of the People’s Bank of China, has warned of a “Minsky moment”, a financial storm after a long period of deceptive calm.

    https://www.ft.com/content/5d6ca2d6-de81-11e7-a8a4-0a1e63a52f9c

    ouch China just got downgraded! And might have a misky moment coming!

  12. bobinget on Thu, 4th Jan 2018 10:05 am 

    Bullish

    Summary of Weekly Petroleum Data for the Week Ending December 29, 2017
    U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week
    ending December 29, 2017, 210,000 barrels per day more than the previous week’s
    average. Refineries operated at 96.7% of their operable capacity last week. Gasoline
    production decreased last week, averaging 9.7 million barrels per day. Distillate fuel
    production increased last week, averaging 5.6 million barrels per day.

    U.S. crude oil imports averaged about 8.0 million barrels per day last week, down by
    27,000 barrels per day from the previous week. Over the last four weeks, crude oil
    imports averaged 7.8 million barrels per day, 0.1% less than the same four-week period
    last year. Total motor gasoline imports (including both finished gasoline and gasoline
    blending components) last week averaged 349,000 barrels per day. Distillate fuel imports
    averaged 129,000 barrels per day last week.
    U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
    Reserve) decreased by 7.4 million barrels from the previous week. At 424.5 million
    barrels, U.S. crude oil inventories are in the middle of the average range for this time of
    year.

    Total motor gasoline inventories increased by 4.8 million barrels last week, and are
    above the upper half of the average range. Both finished gasoline inventories and
    blending components inventories increased last week. Distillate fuel inventories increased
    by 8.9 million barrels last week and are in the middle of the average range for this time of
    year. Propane/propylene inventories decreased by 0.7 million barrels last week, but are in
    the middle of the average range. Total commercial petroleum inventories increased by 1.2
    million barrels last week.

    (Consumption, IMO is most important)
    Total products supplied over the last four-week period averaged 20.6 million barrels per
    day, up by 5.0% from the same period last year. Over the last four weeks, motor gasoline
    product supplied averaged about 9.2 million barrels per day, up by 2.1% from the same
    period last year. Distillate fuel product supplied averaged about 4.1 million barrels per
    day over the last four weeks, up by 5.8% from the same period last year. Jet fuel product
    supplied is up 14.7% compared to the same four-week period last year.

  13. Cloggie on Sun, 7th Jan 2018 4:34 am 

    “Geopolitical risk may be the factor to watch in 2018 for oil”

    Geopolitics is the most interesting category to watch in the coming years, not oil depletion. Expect a standoff in the US between the globalist left and identitarian right after Trump. Expect the role of the $ as the world’s reserve currency to further diminish as China and Russia combine forces to that effect. Expect Europe to gradually open up to the East and abandon anti-Russian sanctions.

    https://www.youtube.com/watch?v=nX7J8-VTG08

    “Canadian billionaire predicts end of US Dollar as world’s reserve currency – Ned Goodman lecture”

    https://www.youtube.com/watch?v=wHZqXmTvojE

    “The Decline and Fall of Canada. Prepare Yourself Accordingly.”

  14. Davy on Sun, 7th Jan 2018 6:03 am 

    “Geopolitics is the most interesting category to watch in the coming years, not oil depletion.”
    That is a pretty intellectually juvenile statement. Geopolitics is wrapped up in peak oil dynamics and several other collapse dynamics. The board Nazi wants geopolitics to be the primary issues so he can push the realization of his Gaullist nonsense of Paris Berlin Moscow Euro Empire.

    “Expect a standoff in the US between the globalist left and identitarian right after Trump.”
    Expect the world to begin to understand the decline and collapse of a late term civilization. This realization will bring together minds from opposing sides in sobriety that comes from acceptance of failure. The US is a failure now and in aprocess of leadership decline. Its political parties will one day rebuild upon that failure or not. This could very well be the end of the US as we k now it. If the US fails the rest of the world fails too. The same is true for China and Europe. These powers are too big to fail with contagions that will make global civilization impossible and without globalism we cannot maintain and feed 7.5BIL people. Let’s hope this process is reasonably slow or all hell could break lose.

    “Expect the role of the $ as the world’s reserve currency to further diminish as China and Russia combine forces to that effect. “Canadian billionaire predicts end of US Dollar as world’s reserve currency – Ned Goodman lecture”
    This is nonsense and just more extremism in action from those who do not understand the highly complex systematic nature of globalism and currencies. This financialization that has digitized the world into a brittle economic arrangement cannot change much without breaking. We just don’t know what kind of break this will result in but I can assure you it will not be the Yuan, Euro, and or the Ruble as the new reserve currency. Even together they will not work. The dollar is likely here to stay as long as there is globalism. It will be diminished and decline along with globalism. It will end with globalism as the other currencies also will. Those who so passionately preach the end of the dollar do not understand the dollar and its relationship to global money flows. These people like the board Nazi are peddling agenda. FRAUD

  15. Davy on Sun, 7th Jan 2018 6:28 am 

    Looks like the Russian probe got bigger. LOL.

    Fusion GPS Bank Records Handed Over; May Shed Light On Payments From Russian Embezzler
    https://tinyurl.com/yd98urtj

    Let’s Review: Russian businessman Denis Katsyv was a key figure in an embezzlement and money laundering scheme involving New York real estate, uncovered by Russian lawyer and accountant Sergei Magnitsky. Magnitsky reportedly died in Moscow’s Butyrka prison after a year of inhumane treatment. Katsyv settled with the U.S. Justice department in 2017, paying a paltry $5.9 million in 2017 to settle the case – less than 3% of the amount originally sought by federal prosecutors. Fusion GPS was paid $523,651 by Katsyv to investigate London Banker Bill Browder who pushed for the Magnitsky Act, while Katsyv’s attorney, Natalia Veselnitskaya, was in the United States actively lobbying to remove the sanctions imposed by the Magnitsky Act. Fusion GPS associate Rob Goldstone set up the infamous meeting at Trump Tower between Donald Trump Jr., Katsyv’s lawyer Natalia Veselnitskaya and various associates. The meeting was pitched to Trump Jr. as a “discussion on adoption”(not opposition research on Hillary Clinton) and was shut down by Trump Jr. after it became clear Veselnitskaya wanted to discuss the Magnitsky Act – which Don Jr. apparently didn’t realize was linked to the adoption issue. Others present at the meeting include Jared Kushner, Paul Manafort, and Rob Goldstone. Hours before the Trump Tower meeting, Fusion GPS founder Glenn Simpson met with Veselnitskaya.

    Meanwhile…Fusion GPS was paid $1,024,408 by DNC law firm Perkins Coie, which acted as an intermediary for Hillary Clinton and the DNC, to create the salacious 34 page dossier. Fusion paid former British spy Christopher Steele $168,000 to assemble the document (which had the cooperation of two senior Kremlin officials). Clinton campaign manager John Podesta met with Fusion CEO Glenn Simpson the day after the 34 page dossier was made public. For their efforts, Fusion GPS was paid over $1.5 million dollars between Hillary Clinton, the DNC, and the holding company owned by pro-Kremlin businessman Denis Katsyv. Also recall that Fusion GPS hired Nellie Ohr, the CIA-linked wife of demoted DOJ official, Bruce Ohr, to help with investigation Trump, and that Bruce Ohr was demoted after meeting with Simpson and Christopher Steele, the former MI6 spy who assembled the dossier for Fusion.

  16. Cloggie on Sun, 7th Jan 2018 6:36 am 

    This could very well be the end of the US as we k now it.

    That’s exactly what I’m saying.

    If the US fails the rest of the world fails too.

    Self-centric absolute BS. The US, unlike the rest of the world, is a “melting pot” about to turn into a pressure cooker with too high a pressure.

    The same is true for China and Europe.

    More BS. Europe and even more China are around for 2,000 years or more, where most Euro’s entered the US in the 2nd half of the 19th century. It could have worked.

    But after 1965 the third world avalange came on top of that and that won’t work. Expect balkanization next.

    These people like the board Nazi are peddling agenda.

    Davy tries to use the standard US commie intimidating turbo language, based on a pack of historic lies, but I’m laughing in his face. We in Eurasia have the good cards where you are facing a collapse, you yourself have been preaching for 6 years or more. And peak oil will only play a minute role, if any at all.

    In reality there is no real long-term energy problem and by the end of the 21st century the world will have a “solar economy”. Europe first, America second, China third and then the rest of the world.

    The real geopolitical story in the coming few decades will be the transformation from US global hegemony post-1945 (40% GDP in 1955) into a multi-polar world a la Samuel Huntington (“Clash of Civilizations”), where millennia-old identity, race/ethnicity/religion will play a defining role and not these progressive George Soros commie NWO One World “human rights”/Open Society baloney.

    And at the end of the American era, Germany to a large extent will be relieved of the burden of titanic lies the Alllies imposed on them in Nuremberg. I have already explained what these lies are and you or anybody else had nothing to say to the defense of these lies. Which means you already lost, regardless of how hard you shout “Natzi”. The Germans didn’t want that war. It were the ideologues from the US and USSR and that Churchill punk who wanted that war.

  17. Makati1 on Sun, 7th Jan 2018 6:57 am 

    Cloggie, Davy is one of those “exceptionalist” believers in an “indispensable” US. He is so brainwashed, he will never accept any facts proving otherwise. The 4×4 of reality is going to hit him hard when the SHTF and the US is openly 3rd world. Not too far of, I think.

    The history of the US is minuscule compared to your country or the Ps. A few hundred years vs thousands. Culture doesn’t exist in the non-melting pot America which is fracturing into more and more pieces every day. Just what his masters want. “Divide and Conquer”.

  18. Davy on Sun, 7th Jan 2018 7:16 am 

    “Self-centric absolute BS. The US, unlike the rest of the world, is a “melting pot” about to turn into a pressure cooker with too high a pressure.”
    Racist nonsense from a delusional Nazi who can’t think beyond race and a Gaullist nonsense of Paris Berlin Moscom.

    “More BS. Europe and even more China are around for 2,000 years or more, where most Euro’s entered the US in the 2nd half of the 19th century. It could have worked.”
    What does this past history have to do with the new reality of the 21st century globalism? It is hilarious how you cherry pick past history current events and the future to weave your well-constructed devious lie.

    “In reality there is no real long-term energy problem and by the end of the 21st century the world will have a “solar economy”. Europe first, America second, China third and then the rest of the world.”
    Nonsense, you don’t know that and no one can know that. You are just a phantasma of contradictions of the past, present, and future. You peddle unrealized techno fantasy as already developed. IOW, delusional and insane with tendencies of self-glorification.

    “Which means you already lost, regardless of how hard you shout “Natzi”. The Germans didn’t want that war. It were the ideologues from the US and USSR and that Churchill punk who wanted that war.”
    It sure gets your blood pressure up and I imagine because the truth does that to liars. Why do you think they have lie detectors? LOL

  19. Davy on Sun, 7th Jan 2018 7:25 am 

    Oh, shut up mad kat. I am balanced and real about the collapse of the US. I discuss it because it is real. You and the Nazi don’t discuss anything but fantasy of a hollow victory. I don’t live in the mad kat binary world of wishful thinking that your enemies will fail and you the great mad kat will prosper.

    You are in the worst possible place for collapse on a 3rd world overpopulated Island where the worst of the world’s natural disasters can occur. Now you have the new and dangerous reality of climate instability with a huge Pacific Ocean ready to pummel your nation with endless destruction.

    You are going to get one really bad 2×4 up against your head. That is if you live that long. I guess you made your move to your little jungle village on your way to the fantasy farm. You are now in the jungle at 75 without any hope of serious health care if you get ill. You are well past your life expectancy for such a life. I imagine you will get ill with some tropical disease and your family will reluctantly take you back and then you will burden the US tax payer by being put in a low rent nursing home. SAD

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