Inflation is when the growth of the money supply exceeds the growth of goods and services. Governments didn’t just print too much money, they crushed the production and delivery of goods and services.
It’s a perfect storm of a disaster our elites conjured up for us, and they didn’t give a damn.
Y2Kyoto: Laws Are For The Little People
According to a new report from Transport & Environment (T&E) titled “Climate Impacts of Exemptions to EU’s Shipping Proposals: Arbitrary exemptions undermine integrity of shipping laws”, more than half of Europe’s ships would be exempt from the European Commission’s carbon pricing plan for the sector. Among them: highly polluting if extremely desirable – for the Monte Carlo set yachts.
More from Terry Etam: Private jet/yacht emissions are totally fine, the rest of you can go cuddle your cats to stay warm
h/t Adrian
Y2Kyoto: A Scam, Wrapped in A Swindle, Inside A Shakedown
How French energy giant Total sold “carbon neutral” natural gas to China that doesn’t exist.
h/t Adrian
The Disaster Pallister
Wants to spend more time in Costa Rica.
Your creditors can go pound sand
Given this precedent, will student loans effectively be “forgiven” by the simple expedient of endlessly rolling the payment pause? Perpetually denying investors access to their capital will pause any economic recovery as well.
The Biden administration will relieve Americans from paying their federal student loans through the end of January, extending the pause for what it says is the last time as the government seeks to keep the economic recovery rolling.
The move continues the suspension of payments for all loans owned by the Education Department, maintaining a 0% interest rate and keeping in place a freeze on the collection of defaulted debt.
Shifting the burden of debt
In preparation for a fall election, Shiny Pony has announced a bribe for Newfoundland voters.
Premier Andrew Furey said that without the C$2 billion aid package, electricity rates could have doubled.
“(This) is a big day for Newfoundland and Labrador and will finally get the Muskrat off our back,” he told the event.
What a deal. Get the “muskrat” off your back by hanging a debt gorilla on the back of every other Canadian. Thanks a bunch.
Policy you can’t see in Canada
There’s not many things that Zimbabwe gets right these days, but when it comes to Covid treatment they make Canada look like a banana republic. In a nutshell, Ivermectin is widely available and widely used in Zimbabwe. Their case curve has been essentially flat since February.
Being very aggressive with a drug which has caused 16 deaths in 32 years in 4 billion doses is not being a cowboy; it’s trying to save the patient’s life.
Stockholm syndrome
Why would any business owner support this bunch?
It all comes down to a slow return to pre-pandemic revenue levels amid continuing restrictions, along with a large debt load that makes it impossible for struggling firms to borrow more.
Why bother to correctly identify the problem if all you propose are solutions which will largely make it worse? The 12 point program linked to the article seems like a prescription for suicide.
Y2Kyoto: Follow The Money
… in Europe and the U.S. Democrats and Greens are actively seeking to replace nuclear plants with Russian natural gas and Chinese solar panels while doing nothing of significance to return solar panel manufacturing to the United States. The solar firms that Secretary Granholm championed in 2009 couldn’t compete with Chinese firms and went bankrupt in 2012 and 2017. McKibben didn’t mention that forced labor is used to make solar panels. And President Biden lifted sanctions on the Russian firm overseeing the building of Nordstream II, thereby allowing Russia to significantly increase control over Western Europe.
Why is that?
Wall Street Fiasco – A Recap
Emergency Press Conference – Everybody On Wall Street Who Had A Hand In Today’s Crime Needs To Go To Prison pic.twitter.com/aKr8aPbB3Z
— Dave Portnoy (@stoolpresidente) January 28, 2021
The Great Reset
I’ll believe there’s no conspiracy when the people who say there’s no conspiracy stop acting like conspirators.