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Peak Oil > Covid 19 > Great Reset

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Peak Oil > Covid 19 > Great Reset

Unread postby AdamB » Tue 05 Oct 2021, 11:12:24

randomguyonabike wrote:
Armageddon wrote:These 2 have to be shills. Nobody can really be this stupid purposely. They are arguing against the sustainability of trillions of deficit spending and rampant inflation.


They are shills and have been continually exposed for being so. Most likely on the payroll of the USGOV to keep the sheep in line.

This shithouse is imploding in real time.


A shill is someone who enthusiastically supports or promotes an idea. Sort of like Armie shilling for doom for 16 years now. I on the other hand tend to abuse people of their delusions, be it peak oil doom (take your pick of any of the 6 claimed peak oils this century), or point out that debt and economics aren't themselves doom just because half witted or ill-informed amateurs say so. Said amateurs being favorites of the internet Happy McDoomster crowd.

Now, you being new, and possibly a sock puppet (a characteristic of sock puppets is to chime in as though they know the users and their histories, as you have mine), might not know these basic things, or being a sock puppet, you might be one of the many shills of doom that peak oil has been inflicted with and just can't help giving yourself away.

In either case, empirical observations of non-doom aren't shilling. But what Armie has been doing for 15 years certainly is.

Perhaps you are confused because you don't know what a shill is? I recommend a dictionary. I could provide a online link if you are too stupid to find it yourself?
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Tue 05 Oct 2021, 12:50:11

They won’t answer these questions

1) is the economy completely dependent on govt debt?
2) what would happen if the govt quit printing trillions?


They always avoid the debt questions. They act like I’ve been wrong since the 2008 crises, which I predicted 2 years prior. They won’t admit it took 25T to keep this economy from collapsing. I’ve said over and over, it’s going to take multi trillion deficits to keep it afloat.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Tue 05 Oct 2021, 13:05:28

The closely watched Atlanta Fed’s GDPNow forecast for real GDP growth for the third quarter has been slashed by 63 percent since August 2 when the forecast was for 6.3 percent growth.

Taper that


We are in complete free fall. How many trillions will it take this time?
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Tue 05 Oct 2021, 13:15:31

Atlanta Fed drops Q3 2021 GDP forecast to 1.3%


Free fall. Need more viagra
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Outcast_Searcher » Tue 05 Oct 2021, 14:07:36

Armageddon wrote:They won’t answer these questions

1) is the economy completely dependent on govt debt?
2) what would happen if the govt quit printing trillions?


They always avoid the debt questions. They act like I’ve been wrong since the 2008 crises, which I predicted 2 years prior. They won’t admit it took 25T to keep this economy from collapsing. I’ve said over and over, it’s going to take multi trillion deficits to keep it afloat.

What color is the sky in your world, re reality vs. your empty claims?

For perhaps the hundredth time, I DON'T like ongoing deficit spending and would favor something like another Gramm-Rudman bill to prevent ongoing deficit spending.

But making shiite up and arm waving seems to be FAR more in your wheelhouse than learning or reading comprehension, so there's that.

And in the short run, less money pumping would cause a market drop and perhaps a recession. But in the long run, it would be GREAT for the economy.

(To answer your questions, which given your track record, I don't believe for a minute are at ALL genuine, BTW).
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Outcast_Searcher » Tue 05 Oct 2021, 14:09:59

Armageddon wrote:The closely watched Atlanta Fed’s GDPNow forecast for real GDP growth for the third quarter has been slashed by 63 percent since August 2 when the forecast was for 6.3 percent growth.

Taper that


We are in complete free fall. How many trillions will it take this time?

If you whine repeatedly (in various threads) about the same cherry picked stat, does that make you more credible in your mind? :roll:

You've been predicting economic DOOM since before 2008. And yet, here we are, with GDP and the stock market growing a lot over time.

Yet, you keep claiming you have been "right". If delusional were "right", you'd be awesome, so there's that.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Tue 05 Oct 2021, 17:22:45

The 2 attack dogs take turning attacking. They are always on guard defending their turf of no peak oil, no inflation, the economy is always booming and debt doesn’t matter.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Tue 05 Oct 2021, 17:48:40

Treasury yields rising...

Inflation continues to rocket...

Supply chains are breaking down...

Central bank digital currencies are coming...

Geopolitical tensions remain hot...

United States is warning of a debt default...

We have a global energy crisis...

2022 will be historic
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby theluckycountry » Tue 05 Oct 2021, 18:40:09

Armageddon wrote:
2022 will be historic


2020 was historic, as was the GFC back in 2008, as was this year if you happened to have lost your job through all the covid lockdowns. A crash in the stock market is always the trigger for big events, and with the useless thing now inflated beyond all rationality I can't see it lasting many more years, or months even. That's the thing with the markets, they are captured, completely controlled now and the kickoff is when ever they up top choose.

It's amazing how much stock corporations hold in other corporations, usually those that they sell to or who supply them product or services. In a little research bender I undertook a few years back I traced a few corps, Coke down here for example held a major stake in it's bottler, in the bank it dealt with, and those two held large positions in Coke. It's a web controlled from up above and when the orders come down to sell not buy nothing will save the market.

A vast majority of wealth is in the pension funds, that's fictitious wealth now since the price of shares in no way reflect the value of the corps, but those funds are buy and hold for the most part. When the GFC struck they were still buyers but that didn't stop the market collapsing nearly 50%. So who were the sellers, individual investors outside of pension funds, perhaps, but these big holders aren't spooked easily.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby randomguyonabike » Wed 06 Oct 2021, 08:48:10

theluckycountry wrote:
Armageddon wrote:
2022 will be historic


2020 was historic, as was the GFC back in 2008, as was this year if you happened to have lost your job through all the covid lockdowns. A crash in the stock market is always the trigger for big events, and with the useless thing now inflated beyond all rationality I can't see it lasting many more years, or months even. That's the thing with the markets, they are captured, completely controlled now and the kickoff is when ever they up top choose.

It's amazing how much stock corporations hold in other corporations, usually those that they sell to or who supply them product or services. In a little research bender I undertook a few years back I traced a few corps, Coke down here for example held a major stake in it's bottler, in the bank it dealt with, and those two held large positions in Coke. It's a web controlled from up above and when the orders come down to sell not buy nothing will save the market.

A vast majority of wealth is in the pension funds, that's fictitious wealth now since the price of shares in no way reflect the value of the corps, but those funds are buy and hold for the most part. When the GFC struck they were still buyers but that didn't stop the market collapsing nearly 50%. So who were the sellers, individual investors outside of pension funds, perhaps, but these big holders aren't spooked easily.


Its going to be over soon. We are in the exponential phase of the collapse where everything accelerates until it implodes spectacularly.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby AdamB » Wed 06 Oct 2021, 09:27:34

randomguyonabike wrote:Its going to be over soon.


That's what folks on this website have been claiming since it began 15+ years ago. You are a bit late to the train on this grand proclamation. And you are saying this 31 years behind the end of the claimed Great Dieoff.

Copycat much?
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Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 09:58:28

Adam is a believer that since it hasn’t happened, it can’t happen.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 10:01:14

He also believes that because it took 25T to kick the can down the road, we can keep printing unlimited trillions forever.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby randomguyonabike » Wed 06 Oct 2021, 13:22:11

AdamB wrote:
randomguyonabike wrote:Its going to be over soon.


That's what folks on this website have been claiming since it began 15+ years ago. You are a bit late to the train on this grand proclamation. And you are saying this 31 years behind the end of the claimed Great Dieoff.

Copycat much?


Since what began 15 years ago? I never said anything about a great dieoff
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby randomguyonabike » Wed 06 Oct 2021, 13:25:38

Armageddon wrote:He also believes that because it took 25T to kick the can down the road, we can keep printing unlimited trillions forever.


I can assure you it is much more than 25T.

The Exchange Stabilization Fund has probably injected way more than we even know about.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby AdamB » Wed 06 Oct 2021, 13:38:11

randomguyonabike wrote:
AdamB wrote:
randomguyonabike wrote:Its going to be over soon.


That's what folks on this website have been claiming since it began 15+ years ago. You are a bit late to the train on this grand proclamation. And you are saying this 31 years behind the end of the claimed Great Dieoff.

Copycat much?


Since what began 15 years ago?


Claims of the end of the world. On this website. You act as though you are somehow original in predicting the end? Hell, Armie was predicting the end of world back when he first began posting, you seriously want to sign on with the Harold Camping of the peakoil.com world?

randomguyonabike wrote: I never said anything about a great dieoff

You are correct. People far smarter and way more qualified did. You are acting as though YOU predicting the end is somehow of any more value than their far more qualified opinion on the topic. Are you some sort of special sock puppet?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 13:41:43

randomguyonabike wrote:
AdamB wrote:
randomguyonabike wrote:Its going to be over soon.


That's what folks on this website have been claiming since it began 15+ years ago. You are a bit late to the train on this grand proclamation. And you are saying this 31 years behind the end of the claimed Great Dieoff.

Copycat much?


Since what began 15 years ago? I never said anything about a great dieoff




He’s great at lying.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 15:34:17

randomguyonabike wrote:
Armageddon wrote:He also believes that because it took 25T to kick the can down the road, we can keep printing unlimited trillions forever.


I can assure you it is much more than 25T.

The Exchange Stabilization Fund has probably injected way more than we even know about.




Agree. Professor Mark Skidmore from Michigan state university proved this. It could be 50T minimum.
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 21:01:33

In early September, Russia’s central bank warned that inflation could spark a global financial crisis.

Step 1) Global energy crisis
Step 2) Production comes to a halt
Step 3) Supply chains breakdown
Step 4) Inflation runs wild
Step 5) A global financial crisis
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Re: Peak Oil > Covid 19 > Great Reset

Unread postby Armageddon » Wed 06 Oct 2021, 21:29:36

As many as 63 of the 135 coal fired power plants in India have 2 days or less of coal supplies.
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