Wow, Europe Household Electric Bills Estimated to Jump by $2 Trillion Next Year, That’s 12% of Their GDP


Posted originally on the conservative tree house on September 6, 2022 | Sundance

What is predicted to happen in Europe is just stunning, literally stunning.

♦Context – According to official data from the World Bank, the combined Gross Domestic Product (GDP) of the European Union was just over $17 trillion US dollars in 2021. That is the last calculated measure.  The combined GDP value of European Union represents roughly 12.78 percent of the world economy.

According to analysts for Goldman Sachs, the current energy crisis in Europe has increased electricity prices at a rate that is increasing almost daily.  Within the data it is now estimated that households within the EU will pay an additional $2 trillion for electricity in the next year.

Put that $2 trillion into context with their GDP, and that scale of energy cost would be wiping out 12% of the purchasing strength within the total EU economy.  Forget about buying anything else, if this analysis is correct Europeans will be buying food and energy, nothing else.

If you consider what that means, it is bordering on full economic collapse of western Europe.

What is being described above is what we posited when we outlined the impact of the “Energy Economy” {Go Deep}.  When you suck 12% of the purchasing power out of an economic engine simply to maintain the status of current energy use, everything else starts to collapse.

Also keep in mind we are only talking about the direct impact of $2 trillion in electricity cost.  The downstream consequence is far greater because everything created, produced, or manufactured, including food, is dependent on electricity – which will drive the final cost to produce of all those products even higher.

The damage is almost unimaginable in scale.

[Fortune] – European households should brace for an expensive winter owing to the continent’s deepening energy crisis that will likely send electricity and heating bills soaring.

Energy affordability in Europe is reaching a “tipping point” that could peak next year, with total spending on bills across the continent growing by 2 trillion euros ($2 trillion), a Goldman Sachs research team, led by Alberto Gandolfi and Mafalda Pombeiro, said in a note published Sunday.

Many European households are already feeling the bite of a steadily worsening energy crisis, brought on by Russian natural gas producers intermittently pausing flows along the critical Nord Stream pipeline following Western sanctions this year.

Energy bills at some restaurants and coffee shops have already more than tripled this year, but with threats looming that natural gas supply from Russia could become even tighter as the Ukraine War rages on, analysts warn that Europe’s coming struggles are set to rival some of the worst energy crises on record.

“The market continues to underestimate the depth, the breadth, and the structural repercussions of the crisis,” the Goldman Sachs analysts wrote. “We believe these will be even deeper than the 1970s oil crisis.” (read more)

The economic contagion will not be isolated to Europe.

The impacts to the social fabric are also almost unquantifiable in scale.

Example: What happens to migration patterns when economic migrants are now considered a threat to scarce resources?

While the US is not quite in the same level of energy desperation, what we were discussing last week is an example of the problem we too may face.

Let’s say you are an average USA Main Street household with an income around $100,000/yr, and you now face an increase in electricity rates from $300 to $500 due to Joe Biden’s new national energy policy known as the Green New Deal.  That’s $200 more per month for this initial economic/energy “transition” moment.

That extra $200/month equates to $2,400 per year.

That $2,400 per year is static economic activity.  Meaning nothing additional was created, and nothing additional was generated.  The captured $2,400 is simply an increase in the price of a preexisting expense.

Take that expense and expand it to your community of 100 friends and family households.  The $2,400 now becomes $240,000 in cost that doesn’t generate anything.  $240,000 is removed from the community economy.  $240,000 is no longer available for purchasing other goods or services within this community of 100 households.

The economic purchasing power of the 100-household community is reduced by $240,000 per year.

Take that expense and expand it to your county of 10,000 households.  Now you are reducing the county economic activity by $24 million.  In this county of 10,000 households, $24 million in economic transactions have been wiped out.  Meals at restaurants, purchases of goods and services, or any other spending of the $24 million within the county of 10,000 households (approximately 25,000 residents) has been lost.

Now expand that expense to a larger county, quantified as a mid-size county, of 50,000 households.  The mid-sized county has lost $120 million in household economic activity, simply to sustain the status quo on electricity rates.  Nothing extra has been generated. $120 million is lost.  The activity within the county of 50,000 households shrinks by $120 million.

Expand that expense to a large county of 100,000 households, and the lost economic activity is $240 million.

Expand that expense to a small state of 1 million households (2.5 million residents), and the lost economic activity is $2.4 billion.

Expand that expense to a state with 5 million households (approximately 12 million residents) and the economic cost is $12 billion in lost economic activity unrelated to the expense of maintaining the status-quo on electricity use.   This state loses $12 billion in purchases of goods and services, just to retain current energy use.

These examples only touch on household expenses.  The community, county and state business expenses for offices, supermarkets, stores, etc. are in addition to the households quoted.

Meanwhile the Gross Domestic Product (GDP) of the community, county and state, remains static because the GDP is calculated on the total value of goods and services generated in dollar terms.  The appearance of a static GDP is artificial.  In real Main Street terms, $12 billion in economic activity is lost, but the price or increased value of electricity hides the drop created by the absence of goods and services purchased.

Fewer goods and services are purchased and consumed.  However, statistically the inflated price of electricity gives the illusion of a status quo economy.

Now expand that perspective to a national level and you can see our current economic condition.

All of this is being done under the justification of “climate change.”

Previously I would have said this level of economic impact in Europe would lead to a total revolt against the government.  However, with the backdrop of the recent COVID lockdowns and government control mechanisms in mind, and looking at the citizen compliance that took place in response to those government mandates, it is now more likely the citizens in Europe will simply bow to the energy control mechanisms of the governing authority.

It’s almost as if the COVID compliance effort was the test…

Liz Truss Becomes PM – Dark Day for Britain


Armstrong Economics Blog/BRITAIN Re-Posted Sep 5, 2022 by Martin Armstrong

Liz Truss has been made Prime Minister of Britain. This was expected, but also the darkest day possible for Britain. Previously, UK Defence Secretary Ben Wallace had backed Liz Truss’ view that Russian forces must be pushed out of “the whole of Ukraine” – and suggested this should include Crimea. Even the Guardian at the time had accused Liz Truss’ position was “recklessly inflaming Ukraine’s war to serve her own ambition.” Meanwhile, in Russia, this was playing out on TV endorsing World War III.

Everything that can possibly point to war is unfolding before our eyes. There are no peacemakers left in the world. Every leader appears to be pushing for war because the monetary system is cracking. Those who think that Russia starting its own gold market will eliminate the manipulations in London do not understand what is taking place. This is the dividing of the world economy that simply follows removing Russia from SWIFT and joining with China to make CIPS the leading global platform for international commerce. This is not about gold prices in Russia v London. This is about the end of GLOBALIZATION and the world economy so carefully constructed post-WWII.

The leaders in the West have been borrowing year after year with no intention of ever paying anything back The lowering of rates to negative in Europe in 2014 undermined the pension funds in Europe as they are effectively insolvent in most cases if they stuck to Euro debt. The Scandinavian funds are outside the Euro and while some struggled to pretend to be “green” they did their best to limit those losses.

When we look at British Politics, it appears that there will be a big shift in 2025. Look off to 2031. That is where the computer is picking up a Panic Cycle, which is corresponding to 2032. As I have warned, the risk of international war appears to be unfolding post-2024. And as far as that inflation goes, it looks like all the sanctions on Russia have backfired. Yet no Western politician will dare tell the truth. And they are now going after farmers? We are staring at serious civil unrest rising globally next year for these brain-dead WOKE politicians who are destroying our way of life.

British News Broadcaster ITV Creates Gameshow for Desperate Viewers to Win Chance to Have Energy Bills Paid


Posted originally on the conservative tree house on September 5, 2022 

Yes, it’s like something out of a dystopian ‘hunger games’ movie, except it is unfortunately real life.  ITV News in Great Britain is running a wheel-of-fortune type marketing campaign where desperate viewers can call in for an opportunity to spin the wheel and win having their energy bills paid.

Comrades, it is not a spoof, this actually took place today and it looks like it will continue due to popular demand.  UK citizens are facing astronomical increases in energy bills as a result of the EU green climate change agenda in combination with Russia halting the export of natural gas.  The price of natural gas increased 30% today alone as Russia cuts off supplies completely.  Europe is on the brink of the worst economic recession in history.

ITV steps in with a promotional effort that shows just how bizarre this Build Back Better future has become.  Perhaps next week viewers might be able to call in for a chance at winning extra food rations, chocolates or even gasoline.  Here’s a video to show what is happening.  WATCH:

.

Good luck comrade citizens, you too could be a winner on the wheel of survival.  It’s all in good fun comrade. Smiles everyone, smiles.

Lockdowns 20X Deadlier Than COVID


Armstrong Economics Blog/Disease Re-Posted Aug 23, 2022 by Martin Armstrong

The International Journal of Environmental Research and Public Health published a study that found the lockdowns were deadly. In fact, the lockdowns were 20 times more deadly than COVID. The lockdowns were a mass human experiment. There was no evidence that indicated this method would be effective. We saw the impact that the lockdowns had on the global economy, but their effects on the human mind are now coming to light.

“The comparative analysis of different countries showed that the assumption of lockdowns’ effectiveness cannot be supported by evidence—neither regarding the present COVID-19 pandemic, nor regarding the 1918–1920 Spanish Flu and other less-severe pandemics in the past. The price tag of lockdowns in terms of public health is high: by using the known connection between health and wealth, we estimate that lockdowns may claim 20 times more life years than they save. It is suggested therefore that a thorough cost-benefit analysis should be performed before imposing any lockdown for either COVID-19 or any future pandemic.”

Forcing people into isolation is a tactic used in prison for punishment. Everyone’s mental health suffered as life as we knew it simply halted. People lost their livelihoods, were unable to see loved ones, and were forced to tip toe around society when they emerged for essentials. Kids fell behind in school and socialization. One of the most deadly aspects, however, was the way healthcare facilities managed COVID patients.

“The lockdown policies had a direct side effect of increasing mortality. Hospitals in Europe and USA were prepared to manage pretty small groups of highly contagious patients, while unprepared for a much more probable challenge—large-scale contagion. As a result, public health care facilities and nursing homes often became vehicles of contamination themselves—to a large extent because of the lockdown-based emergency policy implementation.”

Governor Cuomo of New York tried to hide the deaths that occurred in nursing homes. Over 9,000 infected patients in New York alone were discharged from hospitals and sent into nursing homes. This resulted in thousands of unnecessary deaths. No one was ever held responsible for that decision.

“Another comparison can be made if we remember that the average age of people dying of COVID-19 was around 80, with 3–6 QALY per death lost. Therefore, 500,000 QALY are equivalent to roughly 100,000 COVID-19 deaths. Even if we assume that lockdowns saved 1.5 daily deaths per million [20] for a whole year (365 days), after multiplying by 9.2 million (population of Israel) we arrive at about 5000 lives saved—just about 5% of the lockdowns’ human cost. In other words, it can be estimated that even if the lockdowns saved some lives, in the long term they killed 20 times more.”

There is no evidence to suggest that the lockdowns were effective. Even if the lockdowns worked as intended, they directly caused more deaths than they were intended to prevent.

The immuno-epidemiological consequences of the mass vaccination experiment – summary


By Geert Vanden Bossche Published originally on Voice for Science and Solidarity on July 4th 2022

Dear all,

For the past two weeks I have been working on a document summarizing my conclusions on the immuno-epidemiological consequences of the mass vaccination experiment.

The result of this is even more frightening than I had predicted. I’ve, therefore, appended a summary of my manuscript by way of ‘tsunami warning’.  

In a nutshell, here is what I am 100% certain of:

The current SC-2 pandemic is still expanding as it is a pandemic of ‘more infectious’ variants and is thus enhancing the susceptibility of vaccinees to infection (infection-enhancing antibodies) while diminishing the susceptibility of the unvaccinated (infection-mediated training of innate cell-mediated immunity).

  • In the pre-Omicron era, we saw more infectious variants becoming dominant; however, thanks to the neutralizing antibodies, vaccinees were still protected against disease. However, with the advent of Omicron and its growing resistance to neutralizing antibodies, vaccinees became more susceptible to infection; what we are now seeing is more virulent variants becoming dominant  (Omicron subvariants BA.4 and BA.5[1]). however, thanks to the virulence-neutralizing antibodies (which are the same as those enhancing infection at the upper respiratory tract!), vaccinees were still protected against severe disease (e.g., in case of BA.1 and BA.2). I’ve no doubt, however, that with the growing resistance of BA.4 and BA.5 to the virulence-neutralizing Abs, vaccinees will now rapidly become more susceptible to virulence.  
  • Due to repetitive activation of the immune system in C-19 vaccinees, several infectious diseases can now be spread asymptomatically by vaccinees. Due to widespread asymptomatic transmission in highly vaccinated countries and the subsequent rise in infectious pressure, infection-mediated immunity in certain subsets of the population no longer suffices to prevent productive infection. This is now basically igniting the global spread of a number of acute, self-limiting microbial infections (e.g., ‘seasonal’ Flu, RSV but also vaccine-preventable viral and bacterial infections in countries that interrupted their childhood vax program due to Covid crisis) and also of some acute, self-limiting viral diseases (e.g., monkeypox, pandemic [avian H5N1] flu). In addition, depletion of cytotoxic CD8 T cells due to repetitive cycles of re-infection has also led to an increased recurrence/reactivation rate of chronic infections (e.g., herpetic diseases + CMV, EBV, CMV, HIV, tuberculosis..) and relapse or metastasis of certain cancers in vaccinees.
  • In the summary appended, I am sharing my informed predictions on the health impact these pandemics will entail in different subgroups of a highly vaccinated population. While these new pandemics are developing, the super C-19 pandemic I’ve been warning about is coming our way soon. In highly vaccinated countries, it will definitely overhaul the pandemics mentioned above. This is because massive replacement of ‘natural infection-acquired’ immunity to SC-2 by ‘imperfect’ vaccine-induced immunity is now driving the evolution of the C-19 pandemic in highly vaccinated countries. This will not be the case in poorly vaccinated countries where natural immunity has been largely preserved and the population is often much younger (e.g., African countries).

Last, I’d like to repeat my advice:

·      If you’re C-19 vaccinated: Make sure you’ve access to antivirals and antibiotics and that you’ve established a contact with an MD you can trust.

  • If you’re not C-19 vaccinated: You should under no condition get the seasonal Flu shot as vaccination with inactivated Flu vaccines will dramatically increase the risk of catching ADEI in the event you get exposed to avian flu. Under no condition should you get a non-replicating smallpox vaccine.[i] Since surface proteins of smallpox (using cowpox as live attenuated immunogen) are different from those decorating monkeypox, and as the non-replicating vaccine primarily induces antibodies (Abs), you could expose yourself to a real risk of ADEI. However, C-19 unvaccinated people don’t need a smallpox jab at all (and they don’t need an avian Flu vaccine either – in case the industry comes up with a pandemic flu vaccine!)  regardless of whether they got the smallpox vaccine in the past. Training of our innate immune system against Coronavirus (i.e., SC-2) during the C-19 pandemic will not only provide strong innate immune protection against influenza virus and poxviruses but also against other glycosylated viruses causing acute, self-limiting infection (e.g., RSV, other common cold CoV). I can explain this, but that would take somewhat longer. Upon exposure to smallpox or avian Flu, a C-19 unvaccinated person who is in good health and experienced mild or moderate C-19 symptoms as a result of previous natural infection (‘thanks’ to the C-19 pandemic) may still get some mild illness but that’s it! This will just induce additional antibodies to fully protect you next time around, pretty much like a live attenuated viral vaccine does. There is even a high likelihood that there won’t be a ‘vaccine take’ when you become vaccinated with live attenuated smallpox as your trained NK cells may kick out the vaccinal virus right away.  However innate immune training against CoV (e.g., SC-2) will not protect against measles, mumps, rubella or varicella (M, M, R, V). So, I simply continue recommending you to vaccinate your child against these childhood diseases before local outbreaks/ epidemics occur. It’s never a good idea, and could be dangerous for the child, to get the MMRV shot during a situation of high infectious pressure. Also, it is not recommended to vaccinate older children / adults/ elderly with these live attenuated vaccines if they’ve not been vaccinated against those diseases before. So, those who didn’t receive these childhood vaccines and did not acquire natural immunity as a result of previous natural infection are at risk of contracting the disease in case of an outbreak.  
  • Unvaccinated elderly and vulnerable people (e.g., with co-morbidities) have a risk of contracting moderate to severe disease from Flu or RSV. The likelihood for developing severe disease increases when the innate immune system is weakened, especially in case of exposure to high infectious pressure (the latter could, for example, rapidly build up in areas of high population density such as nursing homes. I would, therefore, recommend removing your parent/ grand-parents from nursing homes ASAP.
  • Live attenuated smallpox vaccine will not work in C-19 vaccinees because host cells that are infected with vaccinal virus will be readily recognized and killed by cytotoxic CD8 T cells that are continuously activated due to the enhanced susceptibility of vaccinees to re-infection.
  • C-19 vaccination of children must stop immediately. Not only will the C-19 vaccines fully prevent innate antibodies from neutralizing the virus, but they will also irreversibly prevent the innate antibodies (in association with the virus) from educating the cell-based innate immune system (e.g., NK cells). Instead, the vaccinal antibodies will enhance viral infectiousness and enable the virus to blow straight through the innate immune defense, thereby causing severe C-19 disease. It will also prevent the child from educating its innate immune system (a corner stone of natural immunity!) to recognize several other (glycosylated) pathogens while discriminating those from self-antigens. This could lead to severe disease caused by several other (glycosylated) pathogens which the child has not been vaccinated against as well as to severe immune pathology! It will also no longer be possible to vaccinate children with other live attenuated childhood vaccines once they’ve gotten the Covid-19 shot for these vaccines could now cause severe disease. So, the C-19 vaccine could be a death sentence for a young child!

You’ll find more details on these recommendations highlighted in the full manuscript I am still working on.

As far as the evolution of the C-19 pandemic is concerned, this is what you need to track if you want to know when the super C-19 pandemic is about to kick off:

When the ratio of the vaccinated to unvaccinated people in the age group 10-60 years old, who are hospitalized because of Covid-19, starts to rapidly increase, we will know that the super C-19 pandemic has begun. That’s the most sensitive criterion!

My heart goes out to the vaccinated people. The only way to bypass the malicious C-19 priming is to properly educate the vaccinee’s innate immune effector cells in the absence of replicating virus. It will be critical to treat them as of the early onset of symptoms. Treatment with antivirals shortly after infection could possibly train their innate immune system without boosting their infection-enhancing antibodies[2].

[1] https://www.biorxiv.org/content/10.1101/2022.05.26.493539v1.full.pdf

[2] https://www.voiceforscienceandsolidarity.org/scientific-blog/q-a-17-what-advice-could-one-offer-to-vaccinees-in-the-event-that-an-immune-escape-sars-cov-2-variant-adapts-to-the-highly-vaccinated-population-such-as-to-enable-high-infectiousness-combined-with-high-virulence


[i] For more info on approved replicating and non-replicating smallpox vaccines: https://www.bavarian-nordic.com/pipeline/mva-bn.aspx;https://www.cdc.gov/smallpox/clinicians/vaccines.html

The original article can be found on TSN TrialSite News https://www.trialsitenews.com/a/immuno-epidemiologic-ramifications-of-the-c-19-mass-vaccination-experiment-individual-and-global-health-consequences.-1935ddcf

sms sharing button
email sharing button

Geert Vanden Bossche received his DVM from the University of Ghent, Belgium, and his PhD degree in Virology from the University of Hohenheim, Germany. He held adjunct faculty appointments at universities in Belgium and Germany. After his career in Academia, Geert joined several vaccine companies (GSK Biologicals, Novartis Vaccines, Solvay Biologicals) to serve various roles in vaccine R&D as well as in late vaccine development.

Geert then moved on to join the Bill & Melinda Gates Foundation’s Global Health Discovery team in Seattle (USA) as Senior Program Officer; he then worked with the Global Alliance for Vaccines and Immunization (GAVI) in Geneva as Senior Ebola Program Manager. At GAVI he tracked efforts to develop an Ebola vaccine. He also represented GAVI in fora with other partners, including WHO, to review progress on the fight against Ebola and to build plans for global pandemic preparedness.

Back in 2015, Geert scrutinized and questioned the safety of the Ebola vaccine that was used in ring vaccination trials conducted by WHO in Guinea. His critical scientific analysis and report on the data published by WHO in the Lancet in 2015 was sent to all international health and regulatory authorities involved in the Ebola vaccination program. After working for GAVI, Geert joined the German Center for Infection Research in Cologne as Head of the Vaccine Development Office. He is at present primarily serving as a Biotech / Vaccine consultant while also conducting his own research on Natural Killer cell-based vaccines.

Email: info@voiceforscienceandsolidarity.org

Food War Video, Dutch Police Open Fire on Unarmed Farmer Driving Tractor Around Police Roadblock


Posted originally on the conservative tree house on July 5, 2022 | Sundance

Things are escalating quicky in the Netherlands [Backstory Here].  Video has surfaced of Dutch police opening fire with real bullets on an unarmed protesting farmer who drove his tractor around a police roadblock.  [Source and Source]

Several reports from the Netherlands highlight government efforts to stop Dutch farmers from protesting and blocking transit points.  As a result, Dutch farmers have been taking rural routes to their protest destinations and local law enforcement have been trying to stop them with police roadblocks.

Two videos appear to show large farming tractors, easily able to overcome traditional street curbs, driving around the one of the police roadblocks as a police officer opens fire and shoots twice at the second tractor.  An image of a bullet hole in the cab of the tractor appears to confirm live rounds are being fired at the farmers.  WATCH:

Bullet hole:

Second perspective:

.

You were right… just shoot them.

European Debt Crisis Explained


Armstrong Economics Blog/Humor Re-Po sted Jun 7, 2022 by Martin Armstrong

The European Union failed to consolidate debt when creating its European utopia. Policymakers are solely to blame for creating their debt crisis, and it is hard to believe that no one saw this coming. The creation of the euro and European Union was so poorly planned that it is another example of comedy writing itself.

WEF Praises Quiet Lockdowns


Armstrong Economics Blog/Tyranny Re-Posted Jun 4, 2022 by Martin Armstrong

In a deleted video posted on the World Economic Forum’s website, the group praised the lockdowns for offering a quiet atmosphere.

The dystopian post-apocalyptic setting certainly seemed quiet at times. Here is what the latest lockdown sounded like in Shanghai for those who have already forgotten:

The New Star Trek & World War III


Armstrong economics Blog/AI Computers Re-Posted May 8, 2022 by Martin Armstrong

A lot of people have written in to ask if I have been consulted for the Star Trek series or if some have used our forecast to write scripts. I have not consulted on Star Trek. If people are tapping into our computer forecasts for ideas, I cannot confirm nor deny that. I understand that connection to our model and I can say an awful lot of people do tune in to Socrates. Let’s hope their visual forecast of the future is not so dramatic. If it makes people think twice – it is fantastic. My fear is that those pulling the strings connected to the mouths of world leaders just for once stop with this nonsense of a Great Reset and let’s sit down and revise the world economy in a rational manner.

Trudeau Admits He Does Not Understand Basic Math


Armstrong Economics Blog/Canada Re-Posted Apr 27, 2022 by Martin Armstrong

In an old video that has resurfaced from Justin Trudeau’s days as a West Point Great Academy teacher, the now prime minister admitted that he struggles with basic math. “I have a slight learning disability…that was never addressed,” the 29-year-old teacher stated. “I am dysnumeric,” Trudeau said after self-diagnosing why he cannot understand small math problems. Trudeau said that his learning disability did not prevent him from later teaching children mathematics. “Dysnumeric” is not a medical term, although there are learning disorders involving numbers.

Trudeau admitted he could not remember phone numbers. He said that he was still unsure of his multiplication tables.

Ironically, Trudeau says, “Questioning as a skill is not taught anymore.” Perhaps it is so that tyrants like Trudeau can invoke martial law over a peaceful protest and shriek at people to stay inside and trust the ever-changing “science.” Feasibly his revelation explains why he thought only a “fringe minority” of Canadians wanted to escape his COVID restrictions. He goes on to say that he also does not understand computers, but that his skill is teaching the youth how to think. “It’s not about teaching facts anymore,” he admitted years ago. It is about manipulating the people to trust what government claims is factual and implementing penalties for anyone who questions the status quo. It is no wonder that Schwab scooped Trudeau up to be one of his Young Leaders.