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Forget “Money” – What Will Matter Are Water, Energy, Soil, & Food… And A Shared National Purpose

Consumption
If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land.
The status quo measures wealth with “money,” but “money” is not what’s valuable. “Money” (in quotes because the global economy operates on intrinsically valueless fiat currencies being “money”) is wealth only if it can purchase what’s actually valuable.
As the world slides into an era of scarcities, what will matter more than “money” are the essentials of survival: fresh water, energy, soil and the output of those three, food. The ability to secure these resources will separate nations that fail and those that survive.
In a world of abundance, it’s assumed every essential resource can be bought on the open market. Surpluses are placed on the market and anyone with “money” can buy the surplus.
Things work differently in scarcity: “money” buys zip, zero, nada because nobody with what’s scarce can afford to give it away for “money” which can no longer secure what’s scarce.
Parachute into a desert with gold, dollars, euros, yen and yuan, and since there’s nothing to buy, all your money is worthless. Once you’re thirsting to death, you’d give all your money away for a liter of fresh water. But why would anyone who needs that liter for their on survival trade it for useless “money”?
Imagine the longevity of a regime which sold the nation’s food while its populace went hungry. Not very long once the truth comes out.
Having resources is only one component: consumption is the other half of the picture. Having 4 million barrels a day of oil (MBPD) is nice if you’re only using 3 MBPD, but if you’re consuming 8 MBPD, you still need to import 4 MBPD.
Water and soil are not tradable commodities. Nations which share water resources (rivers and watersheds) have to negotiate (or fight wars over) the division of that scarce resource, but as a generality, fresh water and fertile soil can’t be bought and sold like grain and oil.
The number of nations with surplus energy and food to export is small. As I noted in Superbugs and the Ultimate Economic Weapon: Food, there are contingencies in food production which could quickly erase surpluses and exports and trigger widespread shortages that have the potential to unleash social unrest.
Energy exports are also a natural economic weapon with which to reward needy friends or punish desperate enemies (no oil or natural gas for you!).
But energy exports are also contingent: natural gas and oil pipelines can be blown up by non-state players, shipping chokepoints can be closed or mined, regimes can change overnight and so on.
The value of a nation’s currency can be understood as a reflection of its essential resources, what I have called the FEW resources (food, energy, water) which I would now amend to FEWS (food, energy, water, soil).
Nations which are frugal about creating currency (either via printing/issuance or borrowing it into existence) while prudently managing their fresh water, energy, soil and food will in effect be “backing” their currency with their surpluses of what will be increasingly scarce.
Nations which borrow into existence or emit currency profligately while having scarce FEWS resources and enormous needs for imported food and energy will find their currency rapidly loses value.
When there’s not enough energy and food to go around, who will trade what’s scarce and valuable for what’s abundant and worthless (“money”)? The answer is no one.
If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land: those nations with abundances that can yield sustainable surpluses in food and energy while taking care of domestic needs will have wealth and power.
Those with diminishing resources that are inadequate to meet domestic demand will have very little wealth, no matter how much “money” they print or borrow into existence or how much consumerist “stuff” they produce.
There are two other attributes that matter: being able to defend your FEWS resources from would-be thieves and a widely shared national sense of purpose that enables shared sacrifice for the common good. Without that shared source of unity, the elites with wealth and power will grab more and more, bringing down the house around them with their limitless greed.
Sacrifice either starts at the top or it means nothing. Forcing commoners to suck up sacrifices only exacerbates disunity and national dissolution.
There are no guarantees that any nation will be able to assemble all that it will take to survive an era of scarcity. But some have better odds than others. Place your bets accordingly.
I’m reprinting these charts to emphasize how few nations have geopolitically meaningful surpluses of food.
Corn is often the primary food for livestock. No corn, not much meat.
The exportable surpluses of wheat are concentrated in a few hands.
The same is true of soybeans, a source of protein in Asia and livestock feed everywhere. This chart shows the top producers and the top consumers.

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48 Comments on "Forget “Money” – What Will Matter Are Water, Energy, Soil, & Food… And A Shared National Purpose"

  1. onlooker on Tue, 28th May 2019 4:17 pm 

    Fresh water is running out in many places, the soil is dead in many places, peak oil means peak cheap abundant energy. And our Industrial AG needs plenty of energy, water and soil to feed our billions. All this spells huge dieoff of humans soon.

  2. Chrome Mags on Tue, 28th May 2019 5:38 pm 

    Millions of metric tons dropping off a Seneca cliff will turn to dust and the bleached bones it leaves behind.

  3. Davy on Tue, 28th May 2019 5:40 pm 

    We have anti-Americans here who think the US can just come apart and everything will be fine. The white PMB knights will come over and patch things up per cloggo. The Asians will get there food from Russia and so forth. LOL.

  4. JuanP on Tue, 28th May 2019 5:44 pm 

    This is a juanpee posting

    Davy on Tue, 28th May 2019 5:40 pm

  5. JuanP on Tue, 28th May 2019 5:53 pm 

    lunatic juanpee’s feeling were hurt a year ago so he has dedicated a year of his life to internet stalking. What a fuck nut

  6. Davy Identity Theft on Tue, 28th May 2019 6:02 pm 

    JuanP on Tue, 28th May 2019 5:44 pm

    JuanP on Tue, 28th May 2019 5:53 pm

  7. Davy on Tue, 28th May 2019 6:06 pm 

    Sorry for losing my shit again everyone

  8. JuanP on Tue, 28th May 2019 6:07 pm 

    My feelings were so so hurt.

  9. JuanP on Tue, 28th May 2019 6:08 pm 

    All I think about is Davy

  10. More Davy Identity Theft on Tue, 28th May 2019 6:11 pm 

    JuanP on Tue, 28th May 2019 5:53 pm

    JuanP on Tue, 28th May 2019 6:08 pm

  11. makati1 on Tue, 28th May 2019 6:28 pm 

    The Amerocentric Sino/Russohphobes can deny all they want but current events point to the US demise as a world power. Trump is destroying everything he touches and isolating the US from just about everyone. Go Trump!

    The US can and will fall apart in the not to distant future. The rest of the world will go on after some readjustments. The US will not. Well, maybe as a Western Bangladesh. Well deserved. That is, if it is not just a huge swamp. Maybe it will jump to a drought and be desert? That Jet Stream is very fickle these days. We shall see. Buckle up Americans! Rough road ahead!

  12. JuanP on Tue, 28th May 2019 6:31 pm 

    Did I tell you guys my feelings are so so hurt? I will never be the same.

  13. More Davy Identity Theft and Projections on Tue, 28th May 2019 7:58 pm 

    JuanP on Tue, 28th May 2019 6:31 pm

    Did I tell you guys my feelings are so so hurt? I will never be the same.

  14. Davy on Tue, 28th May 2019 8:44 pm 

    We’ll be just fine makato. America has never had such strong solidarity with a shared national purpose.

  15. Davy on Tue, 28th May 2019 10:14 pm 

    You know makato. If I wasn’t such a deranged lunatic we could probably be good friends.

    I’ll be back in the morning with my bleach bottle to stir up more shit and abuse.

    Nightly night y’all.

    Dumbasses

  16. makako-the-tardakafmr-paultard on Tue, 28th May 2019 11:08 pm 

    makako
    having no friend is the biggest failure in life of anyone. dumbasses is nothing, supertard (pbuh) calls me that all the time.

  17. Nurse Ratched on Tue, 28th May 2019 11:24 pm 

    You and supertard in the same ward together would be a grave cause for concern paultard.

  18. AOC-the-muzzies-lover-UKNOWHO on Tue, 28th May 2019 11:34 pm 

    hey nurse u a muzzies lover? how does AOC (pbuH) do it? tweeking 25 billion times on NZ and nada on siri lanka where muzzies bombined catholics?

    imam supertard fitzegarld (pbuh) wrote a long time ago that Irshad Manji (pbuh) created her own muzzie religion. innovation is forbidden and makes one an apostate. this muzzie is only able to innovate becuase our supertard davy (pbuh) flying combat jet and suppressing muzzies so she has the freedom to create her own private islam.

  19. Nurse Ratched on Wed, 29th May 2019 12:16 am 

    r u ok AOC-the-muzzies-lover-UKNOWHO? u want me to get a supertard for to help u?

  20. fmr-paultard on Wed, 29th May 2019 12:25 am 

    Dearest Friends & Makako:

    May I pump u vigorously with either a brief cornholing or a very brisk cornhusking?

    Yummy, yummy, yummmmmy I got your cum in my tummy.

    Serious replies ONLY.

  21. Nurse Ratched on Wed, 29th May 2019 12:32 am 

    u and supertard need help bro?

  22. Cloggie on Wed, 29th May 2019 1:09 am 

    Wow, an American site that declares money NOT to be the most important category in the world. We are making some serious progress here.

    If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land.

    Sadly, “race” is still ignored as an essential ingredient for superpowerdom. Apparently that was a bridge too far for the authors.

    Perhaps in the next article.

    The article focuses on corn and wheat, low quality food.

    Overall food exporters:

    https://www.mapsofworld.com/world-top-ten/world-top-ten-agricultural-exporters-map.html

    In billion:

    EU – 585
    US – 163
    Brasil – 80
    China – 73
    Canada – 63

    White countries on top, by far

    (When again was Europe going to collapse?)

    And of course my personal favorite agricultural exports ranking:

    1. USA – 163B (330 million, 10m km2)
    2. Netherlands 90B (17 million, 40k km2)
    3. Germany…

    https://www.wur.nl/en/newsarticle/Dutch-export-of-agricultural-products-exceeds-90-billion-in-2018.htm

    LOL

    https://hiveminer.com/Tags/glazenstad

  23. makati1 on Wed, 29th May 2019 3:31 am 

    The mental sickness spreads on PO. So typical of the dying US. Watching the destruction and chaos from 8,000 miles away is a secure feeling.

    Watching Trump trample America is better than any destruction derby. GO TRUMP!

  24. I AM THE MOB on Wed, 29th May 2019 4:28 am 

    Clogg

    Good luck producing agriculture without fossil fuels..

    Don’t worry we will take over after your region collapses into a civil war (again)..Hell we might even instigate it (again)..

    HAHAHAHA

    LOL

  25. I AM THE MOB on Wed, 29th May 2019 4:31 am 

    US Soldiers Anally Raped Boys in Front of Their Mothers at the Infamous Abu Ghraib Prison and Recorded it On Video

    http://humansarefree.com/2019/05/us-soldiers-accused-of-raping-boys-in.html

  26. JuanP on Wed, 29th May 2019 4:52 am 

    juanpee postings

    Davy on Tue, 28th May 2019 8:44 pm
    We’ll be just fine makato. America has never had such strong solidarity with a shared national purpose.
    Davy on Tue, 28th May 2019 10:14 pm
    You know makato. If I wasn’t such a deranged lunatic we could probably be good friends.
    I’ll be back in the morning with my bleach bottle to stir up more shit and abuse.
    Nightly night y’all.
    Dumbasses

  27. JuanP on Wed, 29th May 2019 4:55 am 

    Juanpee mental illness and sexual perversions

    makako-the-tardakafmr-paultard on Tue, 28th May 2019 11:08 pm
    makako
    having no friend is the biggest failure in life of anyone. dumbasses is nothing, supertard (pbuh) calls me that all the time.
    Nurse Ratched on Tue, 28th May 2019 11:24 pm
    You and supertard in the same ward together would be a grave cause for concern paultard.
    AOC-the-muzzies-lover-UKNOWHO on Tue, 28th May 2019 11:34 pm
    hey nurse u a muzzies lover? how does AOC (pbuH) do it? tweeking 25 billion times on NZ and nada on siri lanka where muzzies bombined catholics?
    imam supertard fitzegarld (pbuh) wrote a long time ago that Irshad Manji (pbuh) created her own muzzie religion. innovation is forbidden and makes one an apostate. this muzzie is only able to innovate becuase our supertard davy (pbuh) flying combat jet and suppressing muzzies so she has the freedom to create her own private islam.
    Nurse Ratched on Wed, 29th May 2019 12:16 am
    r u ok AOC-the-muzzies-lover-UKNOWHO? u want me to get a supertard for to help u?
    fmr-paultard on Wed, 29th May 2019 12:25 am
    Dearest Friends & Makako:
    May I pump u vigorously with either a brief cornholing or a very brisk cornhusking?
    Yummy, yummy, yummmmmy I got your cum in my tummy.
    Serious replies ONLY.
    Nurse Ratched on Wed, 29th May 2019 12:32 am
    u and supertard need help bro?

  28. More Davy Identity Theft on Wed, 29th May 2019 4:55 am 

    JuanP on Wed, 29th May 2019 4:52 am

  29. JuanP on Wed, 29th May 2019 4:56 am 

    juanpee is up expect more mindless comments

    More Davy Identity Theft on Wed, 29th May 2019 4:55 am
    JuanP on Wed, 29th May 2019 4:52 am

  30. More Davy Identity Theft on Wed, 29th May 2019 4:56 am 

    JuanP on Wed, 29th May 2019 4:55 am

  31. JuanP on Wed, 29th May 2019 4:57 am 

    good morning juanpee, douchebag

    More Davy Identity Theft on Wed, 29th May 2019 4:55 am

    JuanP on Wed, 29th May 2019 4:52 am

  32. More Davy Identity Theft on Wed, 29th May 2019 4:57 am 

    JuanP on Wed, 29th May 2019 4:56 am

  33. More Davy Identity Theft on Wed, 29th May 2019 4:58 am 

    JuanP on Wed, 29th May 2019 4:57 am

  34. JuanP on Wed, 29th May 2019 5:04 am 

    You are definitely talking about me Mak

    “makati1 on Wed, 29th May 2019 3:31 am
    The mental sickness spreads on PO. So typical of the dying US. Watching the destruction and chaos from 8,000 miles away is a secure feeling.
    Watching Trump trample America is better than any destruction derby. GO TRUMP!”

  35. More Insane Davy Identity Theft on Wed, 29th May 2019 5:08 am 

    JuanP on Wed, 29th May 2019 5:04 am

  36. Davy is Retarded on Wed, 29th May 2019 5:19 am 

    See all ‘JaunP’ posts on Tue and Wed.

  37. makati1 on Wed, 29th May 2019 5:37 am 

    Sharing two relevant articles before I retire to a good book and a cold Heineken for the evening:

    “American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners”

    Did you know that “…when the Chinese purchased Smithfield Foods in 2013 they instantly gained control over 146,000 acres of prime farmland.” They process over 30,000 pigs PER DAY! Can you guess where a lot of those will be going this year? lol

    http://theeconomiccollapseblog.com/archives/american-soil-is-being-globalized-nearly-30-million-acres-of-u-s-farmland-is-now-owned-by-foreigners

    “Vanishing open spaces: population growth and sprawl in America”

    “Between 1982 and 2010 the U.S. lost 41.4 million acres, 14% of its crop land. That’s equal to 65,000 square miles, an area as large as Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, Delaware, New York, and Pennsylvania.”

    Not only is soil being paved over, it’s being degraded. The Midwest has lost over half of its topsoil in just 100 years because of intensive industrial agricultural soil mining.”

    Food security? In a pig’s eye! Pun intended. ^_^

    http://energyskeptic.com/2019/vanishing-open-spaces-population-growth-and-sprawl-in-america/

    This one is for fun. Sign of the times in the US:

    http://endoftheamericandream.com/archives/a-random-encounter-in-a-diner-on-memorial-day-shows-exactly-where-america-is-heading

    See you in the AM. Enjoy your day! GO TRUMP!

  38. Davy on Wed, 29th May 2019 5:39 am 

    “Global Times: China Holds Three Trump Cards In War Against US”
    https://tinyurl.com/y5ubxvtv Oriental Review

    “As China lays its trump cards on the table, the world’s globalised economy will creak and collapse. Globalisation is going backwards, and chances are we’ll end up with a completely different economic system that has more protectionism. Instead of a global market, there will be several large regional markets with their own rules, dominant currencies, technical standards, and financial systems.”

  39. Davy on Wed, 29th May 2019 5:39 am 

    I see this as a potential economic future. We will have a collapsing globalism that morphs into a regionalism. We might have bridge nations that trade between nations. This might be the case with South Korea and Japan being the facilitators of trade between China and the US regions. This of course all these changes will lower economic velocities damaging the economies of scale that once operated. Comparative advantage situations will be lowered in importance with nationalism and protectionism gaining importance. The free flow of capital around the globe will end as we know it and along with it the US dollar as the global reserve currency with regional currencies taking a more prominent role.

    This is the advent of a multipolar protectionist world. It may be a good thing because the world needs to degrowth for a variety of reasons. Globalism is stalling and the massive debt around the world will need to be rationalized into something else. Liberal Democracy and market based capitalism are in their late stages. We will likely see more authoritarian rule and controlled economies by technocrats. Of course this likely means a continuation of the concentration of wealth and power among the privileged as this new system’s decline in general affluence causes more social unrest. This will be everywhere because the economic decline will be global. All areas will likely see unrest with more authoritative reactions.

    Everyone should expect to be poorer. Even the rich will see declines. It is unclear whether this also means less secure. How secure are we now? It could mean more security in a relative way considering a cascading failure of globalism would be a violent decline. This may be the best way for civilization to go into a slower less stressful decline. This all hinges on if regions can avoid wars. The end of globalism and the development of a new region based system will not be pretty. There will be a vacuum or sorts. There is also going to be nations and regions that suffer being left out. Expect more failed states because many currently have globalism to thank for what little prosperity they have. This includes regions within regions. Areas that are export powerhouses are definitely going to take major hits.

  40. Dredd on Wed, 29th May 2019 7:08 am 

    Increasingly “A Shared National Purpose” is becoming a shared climate science cover up (The Blobosphere and Beyond).

    Trump is the nation according to The Despotic Minority.

  41. Davy on Wed, 29th May 2019 7:18 am 

    “The New Green Revolution, a.k.a. The Grand Transition to… ?? – Part I”
    https://tinyurl.com/y5kxxwqm LIFEITSELF

    “Dr. Nate Hagens uses Hawking’s ideas about Mars colonization in his Reality 101 course at the University of Minnesota to illustrate the point that human society is composed of tiny islands of high competence floating in a vast sea of narratives.”

    “The nature of intelligence, expertise, reductionism, IQ, etc. seem greatly skewed these days in favor of quasi-idiot-savant experts who are lifted into prominence by being apparently right about some very narrow slice of reality. There’s currently not much status which attaches to synthesis, because synthesis is antithetical to most extremely stimulating beliefs about reality and the future. And this won’t change anytime soon. We are left with a choice between offering a bummer message nobody really wants to hear, versus crafting a message that has utility to move society toward chosen goals.”

    “A vulnerable world,” where Jorge argues that one cannot be a consistent positivist, if one is not prepared to treat the Earth as a disposable planet, only to escape to the Cosmos later. This escape temptation is expressed by a more ample and complex “anthropofuge” movement, a movement of flight from the human condition that we must take seriously, and which we have to resist. So beware of this murderous cosmic narrative that justifies Gaiacide”

    “This means they don’t bother to do work all the time and are less energy demanding. This is what I imagine the preindustrial way of life to be like. It is not as power maximizing and is more energy efficient and conserving. What I believe we need to be doing is comparing the energy systems of different types of human civilization—the endothermic and the ectothermic—and stop asking which endothermic way of life is most efficient.” In translation, if we want to live in more harmony with nature or be more “sustainable,” we must behave more like the ectothermic animals and slow down at times. Says me, a creature that incessantly works on something around the clock, including evenings and weekends.”

    “By the way, I really try hard not to hallucinate. In Part II, I will show you how naive it is to think than the “New Green Deal” will allow us to continue our current lifestyles, just by other greener means. This, my friends in the developed, power and resource hogging countries is impossible.”

  42. Davy on Wed, 29th May 2019 7:18 am 

    This is a great article on my favorite topic of Real Green Deep Adaptation and the fake green trend in society. Basically we have very intelligent people that are deceived as well as unintelligent that are being deceived by techno optimist wonders. In the process these techno optimist are discarding the earth because they feel we are moving off of it in the future with space colonization and space based mining. It is also a fake green narrative that we can be green and more affluent for those who still see hope for the planet with a new green harmony. Natural harmony is not consistent with human complexity. This is the deepest of fake green deceptions.

    A great point made in this article is power maximization that is the dominant social narrative of globalism is the wrong impulse for society. This is what is driving globalism. This is a duel force of human nature with the competitive nature of human groups but also the cooperative impulse of increased shared affluence. The power of this force is beyond management. It is highly resilient but with brittle bifurcation points once the criticality of degrowth is reached. So we have humans turning to maximum power principal to satisfy our competitive/cooperative urges of liberal democracy and market based capitalism in the face of global and planetary decline.

    What we should instead being doing is energy efficiency and conserving. This means less competition in the name of more natural security plus a change in what we perceive as a cooperative namely increasing shared affluence. Instead we should be choosing degrowth principals as forces to combat the destruction of the planetary web and earth systems. This is then a shared understanding of less affluence not more. These principals would have to first be behaviorally based with broad based education. A crisis may deliver these ideas but unfortunately a crisis may be too late. We would have to compete less through cooperation based actions centered on degrowth. This than becomes the new dominant myth that drives our social narratives eclipsing the current corrupted liberal democracy and market based capitalist version. Our smartest people must drive this message in unanimity so our political and economic leaders get the message. Currently our smartest people are fake green techno optimist except a very few awakened ones. This means there is science denial by our brightest in regards to solutions. This is perfect for the status quo because it allows politician to make phony pitches that will make things great again and industrial leaders have a new economic growth avenue.

    This article is preaching New Green. This is a macro version of Real Green. Real Green is local and individual in Deep Adaptation because it has come to the conclusion the top cannot change because of the self-organization of the system of globalism. Globalism may adapt with increased competition of regions in a new multipolar reality both political and economic. This is still competitive cooperation but with an adapted version with nationalism and regionalism in a balance of power basis.

    Real Green says human behavior is flawed in its global overpopulation of a highly complex civilization. This condition is not scaled properly so poor behavior is inevitable. The power principal will always win in these situations because humans are deceived by techno optimism both the smart and the low intelligence masses. It is not allowed to have a negative pessimistic narrative. This is not a rule it is a disposition. Pessimistic realism not only does not sell with the general public but our system of academia and scientific publication process does not accommodate such thinking. If it is allowed it is mainly as material for critiques on why techno optimism is the future.

    This then means Real Green is the way to adapt to a deeply flawed world individually and locally. This means focusing on small groups locally to adapt to a global complex civilization in decline that cannot change. This can mean small groups on the internet sharing ideas but the expression of real green is local and individual. Real Green is not for everyone. Real Green is for those awakened to decline. It is for those who can practice Deep Adaptation of a collapsing world. Many cannot and most ill not be awakened to it. You adapt to this condition by coopting it for your individual and local. You use the status quo to leave it. You yield to greater powers and at the same time harness these greater powers as individual energy to create a better life boat for the coming decline. This means relative sacrifice for the planet. Some things you will do will not be green but the overall impulse is Real Green. It is also about hospices which is the preparations for death both of a way of life and increasingly of you and yours.

  43. Davy on Wed, 29th May 2019 7:44 am 

    Davy Real Green~~~Humper Pumper Number Nine

    Decisions, decisions:

    Will it be a brief (very) cornholing or a brisk (extremely) cornhusking?

    Feedback requested, please.

  44. Robert Inget on Wed, 29th May 2019 8:18 am 

    https://www.chicagotribune.com/news/ct-met-endangered-mississippi-river-illinois-missouri-20190510-story.html

    Farmers Battling Flood Waters (and each other)

  45. Robert Inget on Wed, 29th May 2019 8:31 am 

    Forget about melting permafrost, pipelines now need to fend off Ice burgs.

    The massive flooding in the Great Plains not long ago came along with a particularly dangerous feature. The overflowing rivers carried huge chunks of ice downstream and these inland icebergs crashed and smashed everything in their path. Which got some of the locals to having even more serious doubts about the Keystone XL pipeline, the continent-spanning death funnel and conservative fetish object.

    For example, what happens when the rivers flood again and one of the inland icebergs collides with some part of the pipeline that’s above ground? From InsideClimateNews:

    The Keya Paha flooded several weeks ago, and when it did, the rush of newly melted water drove debris, sand and huge chunks of ice deep inland, mowing down trees and depositing a long wall of ice 6 feet high and 30 feet wide across Allpress’s property. “It would’ve taken out their shut-off valve,” Allpress said of the river flooding. “Right where they propose to put it at. And it wouldn’t have been a good thing.”…

    (Keystone XL in danger of massive flooding)

    https://www.esquire.com/news-politics/politics/a27545714/keystone-xl-pipeline-flooding-midwest-icebergs/

  46. Robert Inget on Wed, 29th May 2019 9:13 am 

    Muller goes on TV @ 11:00 Eastern

  47. Silk Road Briefing on Wed, 29th May 2019 12:46 pm 

    “More Self Reliance than US Reliance Promoted as BRICS 2018 Summit also Calls for Expansion”
    https://tinyurl.com/y2t5j8zo

    “The annual BRICS nations summit has just concluded in Johannesburg with the overall mood and visions continuing the pattern I saw emerge at the St.Petersburg International Economic Forum in May. On display was a bullish attitude that the United States is proving unreliable and that a new world order – some called it a fourth industrial revolution – needs to be ushered in.”

    “The BRICS bloc comprises 41 percent of the global population and about 30 percent of the world’s land mass. The five members currently make up about 23 percent of global GDP, worth about US$41 trillion, and about 18 percent of all trade. GDP growth among the BRICS members has steadily increased as a whole from 3.5 percent in 2015 and 4.2 percent in 2016 to 5.1 percent in 2017, although growth rates among individual members remains uneven.”

    “A number of common goals and development statements were made, with the “Johannesburg Declaration” being adopted and signed off by all leaders. Highlights of this agreement are as follows:”

    “Welcoming the progress made towards finalizing the Work Programme under the Paris Agreement and expressed their willingness to continue working constructively with other Parties to conclude its related negotiations at the United Nations Framework Convention on Climate Change (UNFCCC) towards the 24th Conference of the Parties (UNFCCC COP24), which is to be held in Katowice, Poland in December 2018. They further called upon all countries to fully implement the Paris Agreement including the principles of common but differentiated responsibilities and respective capabilities and urged the developed countries to provide financial, technological and capacity-building support to developing countries to enhance their capability in mitigation and adaptation.”

    “In terms of the economy and trade, the following resolutions were passed:”

    “Continued use of fiscal, monetary and structural policies in tandem with each other, to create strong, sustainable, balanced and inclusive growth. There was concern at the spill-over effects of macro-economic policy measures in “some major advanced economies” (read: The United States) that may cause economic and financial volatility in emerging economies and impact their growth prospects adversely. The BRICS leaders desire major advanced and emerging market economies to continue policy dialogue and coordination in the context of the G20, FSB and other forums to address these potential risks.”

    “While the “Johannesburg Declaration” contains fairly bland language, its contents are in places at the opposite spectrum from current policy adopted by Washington. The BRICS countries have agreement on climate change measures and adherence to the Paris Agreement, in addition to the promotion of free trade and reduction of tariff barriers – the polar opposite to Donald Trump’s current position.”

    “What it obvious is that a determined push is being made to gradually deleverage from the influence of the United States in global trade. There is almost an attitude that global diplomatic participation and even trade with the US is no longer the pre-requisite it once was. Chinese President Xi termed this “The Fourth Industrial Revolution”. It is apparent from forums such as BRICS that this ideal is taking root, and is evolving at a growing pace.”

  48. makati1 on Wed, 29th May 2019 5:58 pm 

    Robert, I have seen those ‘icebergs’ close up on the Susquehanna in PA. One day it is a mile wide slab of shinny ice and the next, meter thick slabs 100 feet across slamming into everything and piling up in small mountains during a fast spring thaw. They crush everything they hit. The noise sounds like very loud thunder.

    Can you imagine one hitting an oil pipeline? No way to get to the line to fix it before thousands of barrels of oil hit the river, coating all those chunks of frozen water and the shoreline. No way to contain it.

    But, we ‘need’ that oil to waste on shit we cannot afford and paid for with money we don’t have. Crazy!

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