For those not paying close attention, the G7 is in serious trouble right now. The G7 includes the United States, the United Kingdom, Canada, France, Italy, Japan and Germany. The EU and Japan are on the verge of a central bank financial crisis. Germany is the heart of the EU and their economy is FUBAR as a result of sanctions against Russia, their energy dependence and an internal inflation rate exceeding 30%.
The G7 spending response to the COVID pandemic, a collective decision outlined by the World Economic Forum and central bank organizers, has created a massive inflation crisis amid all attached economies. Making matters worse the Build Back Better agenda promoting climate friendly energy policy over fossil fuels is pouring gasoline on the raging inferno of economic disruption.
The EU and Japanese central banks are tenuous at best, and the U.S. has seemingly positioned Europe and Asia for even further economic pain as a result of sanctions against Russia (EU) and a contracting U.S. economy impacting Asia. The intentional global cleaving is not working out too well as the G7 leaders assemble for their summit in the Bavarian Alps. This is the backdrop for German Chancellor Olaf Scholz. In essence, the G7 climate policy cannot be sustained simultaneously with the German economy surviving:
GERMANY – German Chancellor Olaf Scholz has said he wants to put soaring inflation, the energy crisis and climate change at the center of the agenda when he meets fellow G7 leaders at Schloss Elmau in the Bavarian Alps.
Germany, which holds this year’s G7 rotating presidency, is hosting the gathering of the heads of state and government of the world’s seven leading industrialized nations from Sunday through Tuesday.
“Russia’s brutal war against Ukraine is also having an impact here,” Scholz said in his video podcast on Saturday, pointing to steep rises in the prices of food and energy.
“Many things we buy are more expensive. Food, but especially the prices for energy. We notice that at the petrol station, we notice that when we have to pay the heating bill. Heating oil, gas — everything is much more expensive than a year ago,” he said, adding: “That’s why we have to prepare for it.”
The chancellor said the G7 leaders would discuss the current situation triggered by the war “and at the same time ensure that we stop man-made climate change.”
He stressed the need for a “climate club” to enable countries to work together to combat climate change as well as the current geopolitical and inflation crises. (read more)
For those unfamiliar with history, finance and global economics… The current geopolitical scenario is coalescing toward one specific outcome, WAR With Russia.
The only way out of the economic crisis the western alliance has created, is to go to war.
These are very serious times.
Beware the needs of the banks, the drumbeats of war always originate against a backdrop of empty vaults.
I wish Sundance would stop using the term “fossil fuels.” Dinosaurs did not all die in the same places and turn into cans of Pennzoil. They decomposed. The dinosaur goo theory is ridiculous on tis face. There are oceans of abiotic oil cooking under our feet. There is no scarcity, some places oil is just easier to extract than others.
We all need to be careful using the left’s language. However, don’t be too hard on those of us who inadvertently use the left’s “reinvented” language. Change the language, change the world.
And on Titan and the Horsehead Nebula and plenty of other places off earth. No dinosaur rockets got them there.
Years ago I read that the only reason that oil was called a fossil fuel is that it is found in spongy sedimentary rock layers that also contain fossils. At one time, Russia drillers struck oil after drilling 40000 ft, far deeper than any fossil bearing sedimentary rocks
The CIA in the 1960s called the idea that “fossil fuels” came from dinosaurs a fairy tale and that oil is regenerating and will never go extinct (pun intended).
“Fossil” is not singularly synonymous with “decomposed dinosaur.”
Fossil fuels (i.e., oil, gas, coal, etc.) result from eons of decomposing organic (i.e. carbon-based) matter regardless of the original life form. Includes both flora and fauna. What’s more, the earth was not always in its current dry land mass configuration.
Oil can be formed from non-organic matter.
Or from organic and pretty fast (minutes).
Ok. My singular point was that dinosaurs aren’t the only carbon life forms that can decompose under pressure and become fossil fuel.
Gb oil is created in the soil layer where bacteria breaks down biological mater into combustible hydrocarbons. As it travels through the stratified layer it is filtered and coalesced into layered pockets.
No fossils necessary just time for separation. If drilling wasn’t so cheap we would process biological into hydrocarbons..but there is no need and therfore no money to be made
God’s already done it
I am quite familiar with the formation of crude petroleum oil and natural gas.
Again, my SINGULAR point in my OP was that dinosaurs are’t the sole source of NATURALLY occurring oil deposits. I made no claim that the decomposition process of dead carbon based life forms was the ONLY process by which oil is formed.
His…their evil plan to stop “man-made global warming is in full swing with the plandemicide. For the second time in less than a century, Germany is actively engaged in genocide. This time instead of a targeted 6-10 million people they have gone all in to make it 3-4 billion. We will make all those responsible pay just like the last time. The difference this time is the defendants will come from every major country including the US.
For those not paying close attention, the G7 is in serious trouble right now. The G7 includes the United States, the United Kingdom, Canada, France, Italy, Japan and Germany. The EU and Japan are on the verge of a central bank financial crisis. Germany is the heart of the EU and their economy is FUBAR as a result of sanctions against Russia, their energy dependence and an internal inflation rate exceeding 30%.
Did the same G7 help each other to cheat their population in their general elections?
Did any of these so-called leaders get elected? I knew the minute the G7 military started choking off the supplies to Kaliningrad, Little Russia, we were going to have a war.
Not a war wanted by the population of the G7. But a war designed to save their own asses.
It seems its not really a case of what Putin will do anymore……. and your claim that NATO must go to war if a article Spanish newspaper El Pais reported today… HERE
It could be that the assumption of war is a lot closer than we think!
Everything with food, energy, and war is being done deliberately. They have to pretend they are concerned about the common folk, who will be discarded along the road to Agenda 2030/Green New Deal.
Bob,
Correct, but expand the scope:
Add the plandemic and shots, designed as a system to inflict a multiplicity of profound societal distresses, while setting up the groundwork to reimpose medical tyranny again in concert with wartime tyranny coming soon from the Ukraine stratagem. (Tyranny^2 = totalitarianism).
All are apparently orchestrated by the ascendent red dragon, upon which all are dependent and therefore corrupted now. Including G7, BRIS (C being the orchestra conductor), WEF, central banks, globalists, 5 Ayes, …ALL.
ALL under complete surveillance. (See note above about 5 Ayes.)
Step back from the trees, and behold the forest. All things are moving in the same direction now.
Canada, France are Italy are meaningless in terms of GDP – why invite them?
We are bullied into believing that men can become women, and truth and objective reality do not exist, in this post-postmodern nightmare today.
In such a surreal gaslit unreality, anything is possible, and we can simply wish it and it shall be. Nuclear war? Pshhhaw, who cares? We are gods who create our own reality.
See the various New Age charlatans, e.g. Shirley MacLaine et al. This is the nonsense imbuing much of the left.
Trudy is man-spreading too much. What a bunch of grubby slobs, dorks, and idiots. *Spit*
If the European Union has a flag it must be a Country ? G7+1
These pics of groomed, corrupt, installed, pompous, effete WEF thugs are nauseating, especially as they prance and pose at elite private global ruling strategy sessions like demi-gods, then prattle about “democracy” to the “press”.