Category: Great Reset

The Revolution Will Be Televised

Grab a beverage.

Tom Luongo- The Great Reset is Dead, Long Live the Great Reset

Spoken like the true authoritarian that he is, Harari can only see violence and chaos. He’s not wrong. The violence and chaos coming, however, have their roots in his attempts (or complicity) in trying to force, through violence, a global order on humanity which humanity doesn’t want.

This push towards violence, however, can stop tomorrow. All that has to happen is for cretins like Harari, Soros, Schwab, Gates, and all the people behind them, to truly accept the fact that they have failed and cut a deal with us.

I, For One, Welcome Our New Self-Driving Overlords

Hello darkness, my new friend.

Researchers have been raising general alarms about AI’s hefty energy requirements over the past few months. But a peer-reviewed analysis published this week in Joule is one of the first to quantify the demand that is quickly materializing. A continuation of the current trends in AI capacity and adoption are set to lead to NVIDIA shipping 1.5 million AI server units per year by 2027. These 1.5 million servers, running at full capacity, would consume at least 85.4 terawatt-hours of electricity annually—more than what many small countries use in a year, according to the new assessment.

We’re gonna need a bigger solar panel.

What Happened To All My Free Stuff?

No doubt all the Keynesian court economists will tell us that the solution to this problem would be to forgive the loans in their entirety.

Last month, small businesses faced a deadline to repay interest-free loans of C$60,000 ($44,676) made available to each of them during the pandemic. Of the 900,000 who had taken the government support, a fifth have not yet repaid their loans, Finance Minister Chrystia Freeland said on Monday.

Mortgage Market Blowup?

I’ve been expecting an implosion in the mortgage market for some time given the rise in interest rates relative to the debt that has to be supported, but so far that isn’t happening. It seems our friend Ron Butler has become privy to information that indicates a black swan event may not be far off, however.

Thread reader here.

 

When You Piss Off People Who Work With Heavy Equipment

Telegraph- Farming is in peril throughout Europe

Telegraph- French farmer vows to ‘starve Paris’

A tractor blockade established at eight points around Paris is intended to “starve Parisians”, a French farmer has claimed.

Benoit Durand, a grain farmer, told French broadcaster BFM TV: “We are holding a siege in Chartres, one hour away from Paris. It’s part of the blockade… the goal is to put pressure on the government.”

The Blowout Economy

Since GDP simply adds up all the borrowing and spending in an economy regardless of who did the borrowing and spending and for what purpose, it’s no shock that recent GDP numbers are higher than expected. Peter St. Onge notes that we are actually getting a whole lot less bang for every borrowed buck.

 

Great Reset, Interrupted

WSJ Editor-in-Chief brings bad news;

Emma Tucker told a crowd at the World Economic Forum, “I think there’s a very specific challenge for the legacy brands, like the New York Times and like the Wall Street Journal.”

She continued, “If you go back really not that long ago, as I say, we owned the news. We were the gatekeepers, and we very much owned the facts as well.”

“If it said it in the Wall Street Journal, the New York Times, then that was a fact,” Tucker further stated, adding “Nowadays, people can go to all sorts of different sources for the news and they’re much more questioning about what we’re saying.”

Doomscrolling (Rumble): The Civil War in the WEF (1hr, 20min)

Update: @PierrePoilievre I will ban all my ministers from any involvement in the World Economic Forum.

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