If you’ve ever wanted to witness the slow-motion collapse of a Ponzi scheme, you might want to keep an eye on Germany’s public pension system.
Rhetorically and politically sugar-coated as a “pay-as-you-go” system—where today’s workers finance the retirement of yesterday’s—this bureaucratic redistribution leviathan is utterly dependent on an ever-growing pool of contributors. The problem is that Germany is aging, shrinking, and losing its industrial base.
Just in time for this demographic crunch—declining birth rates, increasing life expectancy, and longer pension payout durations—policymakers have decided to torch what’s left of the country’s industrial foundation in a green frenzy. Year after year, around €70 billion in value creation is being sent up the chimney, while more than half a million jobs have disappeared in recent years. That’s half a million fewer contributors to the pension Ponzi.
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My wife’s relatives live in a socialist country north of Germany. They too are having to raise taxes to cover all the free shit they give everyone, including illegal invaders
Myth: Just a small area of solar panels plus storage can power the world.
Truth: Storing just 3 days of global energy would cost $590 trillion at @elonmusk’s current prices. And the panels would take up more space than all the world’s cities, towns, and villages combined.
Of course this is not the news you’ve been fed, but then it comes from the same people who fed you lies about Covid.
The below comes from one of the finest sources of actual truth about the climate. It is the truth that comes with facts from Anthony Watts.
It took 3 years for the evidence that the jab and a lot of Covid was lying by people who wanted to get rich or control the masses. The world’s Governments, WEF, Big Pharma, MSM, Fauci, Birx and a few others come to mind here.
Now for Climate change. It’s about money. They create a crisis (the world is going to end, the ocean will cover our land, send us money) and then do the money laundering. It was FTX before that ponzi scheme took effect.
There was no consensus (the 97% was an Al Gore lie propagated by the press). COP27 was about money (I’ll get to that in a later post) and the Science is never settled. It’s because actual science has to be challenged to prove it is true.
Dr. Indur M. Goklany, has 30-plus years in federal and state governments and the private sector, during which he has written more than one hundred monographs, book chapters, and papers on topics ranging from climate change, human well-being, economic development, technological change and biotechnology to sustainable development.
He has been a visiting fellow with the American Enterprise Institute and was the first Julian Simon Fellow at the Political Economy Research Center in Bozeman, Montana. Working for the U.S. Department of the Interior, he has represented the United States at the Intergovernmental Panel on Climate Change and in the negotiations leading to the United Nations Framework Convention on Climate Change.
Delusions of Adequacy 