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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (7651)6/16/2021 5:24:04 PM
From: Maurice Winn2 Recommendations

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3bar
kingfisher

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The big change coming will the the recognition that increasing C02 from Tragedy of the Commons 280ppm was a great thing.

As population plunges to 1 billion or 2 billion and CO2 is recognised as a good thing, the late 20th century and early 21st century mass hysteria over CO2 will be likened to Flat Earth thinking.

Green hydrogen, green steel, green blah blah blah.... putting the word green in front of something is simpleton virtue signaling and demand for opm.

For the latest mindless green effort see Jacinda's plan to take money from poor people when they buy a cheap little petrol car to give it to rich stupid virtue signaling people who buy an electric car for 10x the price which will be run on coal.

For people who don't know, coal is all carbon and is bought from Indonesia or elsewhere overseas. Petrol is mostly hydrogen and can be produced locally as nice condensate needing just some easy distillation. But Jacinda has banned local explorstion and production because she dislikes carbon and thinks its bad to get it from under the ocean.

So Aotearoa-Zimbabwe continues to spiral down the gurgler.

New Zealand gets money by turning CO2 into milk, meat, wool, trees, kiwifruit, fish. But the government hates the thing that has greatly improved growth and reduced irrigation needs. Free CO2 provided by SUV drivers in USA and airliners around the world and coal burning in China.

Already, most of the CO2 that people have produced before 1980 has been stripped out of the air and buried in sediment at the bottom of the oceans. We're trying to fill a bucket with a hole in the bottom. The faster we fill it and the deeper it gets the faster it runs out.

As population drops, technology improves, culture shifts from driving and flying to 3D virtual reality, and easy hydrocarbons are unavailable, demand for carbon to burn will fade. Unlike wine and yummy food, people don't want to buy carbon to burn. If their car moved by free magic that would suit them fine.

Sheik Yamani was right decades ago that the stone age didn't end because they ran out of stones. I agreed then.

Already, just in my short time, I have seen Big Oil, General Motors, Boeing and megatons of oily industrialism fade in economic importance from astride the world to an afterthought. Apple, Amazon, Microsoft, QUALCOMM, Facebook, Twitter and swarming hordes of other Cyberspace companies and individuals have totally subsumed carbon, steam, steel, and the industrial revolution.

15 year old boys spend their days in Cyberspace, not fixing dirty Yank Tank rust buckets.

Meanwhile Jacinda's stupid idea of moving money from poor to rich to increase CO2 output is how we're going in Aotearoa-Zimbabwe.

When Taupo erupts and all electricity in Auckland stops, the petrol cars will still move. Until then, there's not enough electricity already do prices will soar, more coal will be needed and especially nuclear reactors north of Auckland in the safe zone. Preferably protected from tsunami in Kaipara Harbour.

Mqurice
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