Watt Counts? – Greta is Gone – Mega Strikes – Great Depression II – WEF Again – Practical Localisation – ‘Lion Eggs’- Letter from Great Britain [08-27-22]

“If I don’t know – I can’t act” – Knowledge is Power

BLOCKBUSTER Condemnation of Rishi Sunak’s actions during the Covid Scamdemic from GB News – finally 9 minutes of truth (well he is a WEF lackey so what can you expect?  https://twitter.com/GBNEWS/status/1563118976258949120

THOUGHT FOR THE WEEK:  What are rolling blackouts?  When I was living in Cape Town we had electricity rolling blackouts on a schedule for over 15 years but it will be unique to many born after the early 1970s. In my experience in Britain then and later in SA, it was not difficult to manage as long as we had adequate warning and if an advanced schedule was issued:  https://www.theguardian.com/business/2022/aug/14/house-freezing-life-blackouts-1970s-britain

BUT NOW ‘WATTS’,  COUNT DON’T THEY?  – I am in energy saving mode for the coming winter and thought it helpful to let you know what I have planned and what I am doing about my electricity bill.  I will describe my action plan in my weekly Letter later.  In the meantime HERE is my Special Report on Nat Gas yesterday.

BREAKING NEWS: (per ZH) Greta Thunberg’s guilt-trip, climate scam-tour appears to have hit a brick wall.  The green pipe dreams with zero practical solutions meet the realities of, well, reality. Or as this 7 min clip from Sky News – Australia’s Andrew Bolt – puts it; “A mere child, full of rage, obsessed with doom, totally devoid of any practical solutions – but here she was lecturing the world on how to fuel their 21st century economies.”  – A classic example of ‘Group Think’ hysterical mania.

Thunberg’s movement – described by Bolt as a “cult” – has fizzled out.  “Thunberg is now a victim of her own success in scaring people into doing very, very stupid things that we’re now paying for.” https://www.youtube.com/watch?v=aHZym4QG7UQ  Also the 21,000 comments are worth a scan.  For example:  Nelo: “She’s just a spoiled, lost child… leading spoiled, lost old men and women.  At last the great majority are showing their teeth.”

WORKERS’ STRIKES are growing fast in Britain as high inflation takes its toll on budgets, both personal and business, especially SMEs. These are disproportionately felt in cities and especially by Londoners. There are 8.8 million people in London out of a total UK population of about 67 million, according to the Office for National Statistics (ONS), so transport strikes affect a fair proportion of Brits.

ALSO Felixstowe dockers have been on strike all this week energising other Unions to take similar action not seen since the late 1970s. The docks strike in July 1970 was a major industrial action by dockers in Britain that raised fears of food shortages and led to a proclamation of a State of Emergency by the Queen.

Dockers went on a national strike this week over a rejected pay increase which amounted to nearly double the basic pay – so history repeats…again?  ZeroHedge has the details: https://www.zerohedge.com/political/largest-uk-port-hit-massive-strike-sparking-supply-chain-chaos-fears

But I won’t be worried by the Barristers’ intended, indefinite strike because they are not actual  ‘Producers’ – I am only concerned with those irreplaceable sterling stalwarts who keep the wheels of industry spinning for little relative pay, and who have been undervalued for far too long – pay-back time I think.  Already there is talk of a national strike which hasn’t happened since 1926, foreboding a 1970s-style ‘winter of discontent’.

And here’s an ironic laugh. The very conservative Daily Express has repeatedly warned its readers that “militant trade unions” are bringing Britain to its knees.  However this week many of the newspaper’s own staff, and others owned by publishing giant, Reach , will go on strike in protest at the outlet’s low pay!  But will all these ‘ News Rags’ be missed?  A sorry story: Lowly paid Journalistsl

Nevertheless I ask, will the coal miners come to the fore once again and together with the FF industry, Frackers et al, rock the nation yet again? Whatever the future, I am guessing that the ‘Green Lobby’ is going to be in hiding – offering no relief from the national dilemma which they themselves helped to create! ‘Net Zero, ‘Zero Covid’ and ‘Zero Climate’ ring as empty vessels now which need to go the way of the dinosaurs… and QUICK!

THIS STAGFLATION RECESSION blighting US/NATO comprising the US, UK, Europe, NZ, Canada and Australia (otherwise known as the ‘West’ or ‘Developed World’) is facing an impossible economic dilemma.  Events show that there are no winners only survivors and those who fail to adapt will be left behind:

• Some recessions are brief, necessary cleansings, like 2000-2
• Some are reactions to exogenous shocks such as war or scamdemic like 1991 & 2020
• Far less frequently, structural recessions are lengthy, tumultuous upheavals – the result of 50-year and 250-year cycles having coincided; the coming 2023-4 depression ending the ‘Fourth Turning’?

This is what we face today – we are just getting started.  If the economy and society persevere through this transition, the stage is set for a reworked economy to enjoy an era of adaption and opportunity. If an economy and society can’t complete this transition, stagnation decays into collapse.  Recession cycles, that cleanse the system of financial malinvestment, are necessary just as a forest fire sweeps away the deadwood allowing green shoots to grow.

Excessive speculation, leverage, corruption, fraud and debt issued to poor credit risks must be eliminated or a conflagration will occur of the sort that was narrowly averted in 2008-09, when fraud and risk-taking had reached ridiculously destructive extremes.

In 2008/9 the ‘Federal Reserve’ (Fed) flooded the world with freshly printed dollars via QE, ably assisted by the People’s Bank of China (PBoC), the ECB, the Bank of Japan (BoJ) and the Bank of England (BoE); but if change is stifled, as happened in 2008, the entire economy enters a death-spiral towards decline and sometimes collapse into a prolonged deflationary depression.

Some eras present an economy with a stark choice: adapt or die. Adaptation is inherently messy, as new approaches are tried in a trial-and-error fashion and improvements are costly because the learning curve is steep, but it’s not an end but actually a beginning.

Those who have feasted most freely on hyper-financialisation and hyper-globalisation must now pay the heavy price of adjusting to de-financialisation and de-globalisation. Those who have been living the high life on expanding debt and soaring fantasy liquidity from the magic money tree are in for a drawn-out, chaotic structural adjustment which is unpredictable in its consequences.  No wonder they are fearful.

Those economies, like Russia, China and many developing countries, which have maintained a regulated, transparent market for credit and limited excesses of leverage and high-risk debt will be most likely to weather the process of transition to a new sustainable model. CHS has wise observations: https://www.oftwominds.com/blogaug22/peculiar-recession8-22.html

BUT WHY IS IT our politicians often make so many poor decisions, like failing to plan for energy security?  Simon Black might have an answer:   “About 80 years ago, a psychologist named George Kelly became fascinated with the way human beings make decisions, and he developed a framework that he called the ‘Personal Construct Theory’. Kelly suggests that people behave and make decisions based on their unique sets of life experiences.

In fact, in his 1955 book ‘The Psychology of Personal Constructs’, Kelly wrote “we may define a [psychological] disorder as any personal construction which is used repeatedly in spite of consistent invalidation.”  This is clearly the psychological state of most of our ‘leadership’ today.

Decades and decades of [our leaders’] experiences have resulted in terrible decisions… and even worse outcomes.  Based on Kelly’s theory, however, these people are incapable of learning from their mistakes to make better decisions. Even though their decisions have been consistently wrong, these people are unable to adjust their thinking. These are the so-called ‘experts:” https://www.sovereignman.com/podcast/four-ways-the-experts-have-proven-that-they-are-insane-this-week-36088/.

You know who they are; probably a mere 3,000 or so seriously sick individuals (There are more than 2700 billionaires globally. Over a quarter of the world’s billionaires live in the United States).  Additionally, many across the Globe are dissatisfied with their politicians’ corruption and self-serving graft: https://www.pewresearch.org/global/2019/04/29/many-across-the-globe

Obviously they hadn’t listened to Denzel Washington’s address which always leaves me speechless, yet heartened as one of the most uplifting addresses ever:  https://www.youtube.com/watch?v=uM-MqsWjQd4

LET’S CONSIDER the real reason we are facing the worst stagflation ever. Globalisation is in retreat. The plus side is more jobs, but still not enough to prevent a catastrophic rise in unemployment. The negative side consists of inflation and pressure on corporate profits.

The Federal Reserve (Fed) no longer has the perennial wind of globalisation at its back pushing down prices. These are the inflationary aspects of de-globalisation; an ill wind blowing nobody any good.  This is a good reason not to expect the Fed to come to the rescue with QE this time and push interest rates down, characteristic of the last 14 years. Here’s yet another wise explanation of our predicament: https://mishtalk.com/economics/de-globalization-new-supply-chains-are-inefficient-and-will-drive-up-inflation

BUT – since the UN faction (UN Agenda 2030) blame it all on Climate Change (caused by mankind’s fossil fuels alone don’t you know?) it’s worth looking at their computer models (yes, them again) which, as Neil Ferguson at Imperial College, London has persistently demonstrated, is based on fallacious inputs, known in the trade as GIGO.  This 3 minute clip defuses the hysteria with undeniable evidence.  But this is from an engineer – competent professionals – to whom their amazing works attest, unlike our ‘pretend scientists’ who are driving the UN/WEF agenda: https://twitter.com/TalkTV/status/1558753801133346816

HOWEVER, MR EVIL HAS AN ANSWER to our growing food insecurity – “Just Eat Insects” https://off-guardian.org/2022/08/10/uk-to-reverse-accidental-ban-on-edible-insect-farming/  AND don’t mention the Vaxx; here is Mr Evil in 50seconds on everyone getting jabbed: https://www.youtube.com/watch?v=X6hpWxOTSxU

BUT we don’t really have to take notice of Oberst-Gruppenfuhrer Schwab and his evil cabal – ignore him – and he will eventually slink away, discredited like Greta. It seems every generation needs a despot; like Vlad the Impaler, Hitler, Stalin, Pol Pot, Mao and Idi Amin, to mention but a few of the many counted at least in their hundreds, over millennia most of whom have escaped retribution – they protect their own.

I was led to believe that the Third Reich had been buried long ago but it seems Nuremberg missed many evangelical adherents, not a few of whom are alive and well and living in Ukraine.  Caitlin Johnson has a remarkable explanation and surprising answer to the eternal question of why despots like Herr Schwab and clan need even more billions when they can’t spend in a lifetime all they have now; I guess it’s down to more than filthy lucre:  https://caitlinjohnstone.com/2022/08/19/if-everyone-is-king-then-no-one-is/

AND Caitlin’s theme is taken up by Colin Todhunter.  He explains that the present crisis is engineered by greedy global corporations like Blackrock without any consideration for the billions of poorer people spanning our world who are likely to starve and freeze in the coming months; he offers real solutions:

“Navdanya” sets out possible solutions to the current situation based on principles of agroecology, short supply lines, food (and energy) sovereignty and economic democracy – policies that have been described at length in many articles and official reports over the years.

As for fighting back against the onslaught on ordinary people’s living standards, support is gathering among the labour movement in places like the UK.  Rail union leader Mick Lynch is calling for a working class movement based on solidarity and class consciousness to fight back against a billionaire class that is recklessly pursuing its own class interests.

It is only through organised, united protest that ordinary people will have any chance of meaningful impact against the New World Order of tyrannical authoritarianism and the devastating attacks on ordinary people’s rights, livelihoods and standards of living that we are witnessing”. https://off-guardian.org/2022/08/23/how-food-shortages-economic-collapse-protects-the-status-quo/   Colin Todhunter specialises in development, food and agriculture and is a Research Associate of the Centre for Research on Globalization in Montreal. You can read his ‘mini e-book’ here,: “Food, Dispossession and Dependency – Resisting the New World Order”.

COLLAPSE MONITOR: Ready to be astounded? – Here’s what our masters have planned for us in the near future and it’s all tied in with the Banksters’ CBDCs in a cashless digitised society being piloted now:  https://2ndsmartestguyintheworld.substack.com/p/have-you-any-idea-how-your-carbon?utm_source=substack&utm_medium=email

SO I have to ask – can great civilisations like ours, even global ones, catastrophically collapse?  If the past is anything to go by, they  can severely degrade and have done so many times in the past and are not only confined to the classic decline and fall of the Roman Empire.  Chris Hedges has the details:

“This great city, perhaps the greatest in North America, rose, flourished, fell into decline and was ultimately abandoned. Civilizations die in familiar patterns. They exhaust natural resources. They spawn parasitic elites who plunder and loot the institutions and systems that make a complex society possible. They engage in futile and self-defeating wars. And then the rot sets in. The great urban centers die first, falling into irreversible decay.                 Central authority unravels. Artistic expression and intellectual inquiry are replaced by a new dark age, the triumph of tawdry spectacle and the celebration of crowd-pleasing imbecility. “Collapse occurs, but only in a power vacuum,” Perhaps then, with the emergence of Eastasia, collapse might be limited to the Western Powers which I define as the ‘5 Eyes Nations’ being: Canada, Australia, New Zealand, United Kingdom, United States and I add Europeans; time will tell:  https://chrishedges.substack.com/p/we-are-not-the-first-civilization

LOCALISATION UPDATES: I have recently posted various solutions based on a local economy which our community is actively developing now, deep in rural SW England.

I have observed several extensive commercial market gardens popping up around the area offering a broad range of seasonal fruit and veg, together with free range chickens & ducks.  We also have many local dairy and mixed farms, cheese factories, bakeries; plus lots of traditional crafts like candle makers, equestrian and of course the must-have brewers and vineyards.  Many local farmers’ markets are active; for example, this week  I bought three good-sized gammon joints together with 30 sausages of various kinds for a mere £20 (cash of course – black markets will prevail)

All kinds of other goods were on offer too from the many stalls pitched twice a week just a few miles up the road.  I am confident that at least we will have food security going forward; and I even picked my first crop of runner beans this week.  The Great Reset can get stuffed!

THE NARRATIVE BATTLE:  The enemy, like Reuters (funded by Rockefeller), who have lots of ‘Fact-Checkers’, try to denigrate the ‘Truth-Tellers’; fortunately few listen.  They have forgotten the lesson of the British ‘Lion’ Egg.  The public are generally far more astute than our lying rulers and perverted Admen assume.

The British Egg Information Service (BEIS) offered the ‘Lion Quality Mark’ scheme. This is a mark that was stamped onto eggs from 1986 as a measure of freshness.  The public soon realised that, because it took a minimum of 3 weeks to process the Lion Mark, they proved to be the least fresh eggs and were avoided.  Most eggs sold in Britain today are Free Range although the BEIS continue to falsely claim 84% eggs sold are Lion Stamped.  I can confirm that in my experience I haven’t seen a ‘Lion Egg’ since the 1980s – QED.

FOR MORE, READ: “The Financial Jigsaw”, published at my academic network.  Scroll:   https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020  Email for a free PDF at: [email protected]

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Author: Austrian Peter

Peter J. Underwood is a retired international accountant and qualified humanistic counsellor living in Bruton, UK, with his wife, Yvonne. He pursued a career as an entrepreneur and business consultant, having founded several successful businesses in the UK and South Africa His latest Substack blog describes the African concept of Ubuntu - a system of localised community support using a gift economy model. View all posts by Austrian Peter