My coal assets are doing quite well. Anyone who invested in coal in recent times on my advice: good onya, mate!
Author: AustralianActuary
Ukraine
The Russian invasion of Ukraine remains an act of barbarism. It’s a disaster for many, if not most, of the Ukrainians. It’s also a disaster for the Russian people.
A swift capitulation may have been what Putin expected. It didn’t happen. Putin’s reasons for the invasion have been well telegraphed for at least 20 years and so it’s not really a surprise. The surprise is all on the upside if you are in favour of western civilisation, the nation state and energy independence.
There is a struggle underway for global hegemony. Klaus Schwab, Jinping and Putin wanted to be in charge. Unfortunately for that trio, Putin will fall first, Jinping will retreat to ponder and Schwab will die soon enough unfulfilled. He won’t be missed in this quarter.
Putin has shown: the nation state matters. It is still a thing. Culture and history matters. He has also shown that energy matters. Hence the scramble in Europe to fire up coal fired generators that they previously shut down.
Putin has also shown how hard it is to invade. Jinping won’t have missed the lesson.
Putin is almost out of gas. Ukraine will be supported by the West in rebuilding. Russia will be a Chinese vassal. The fourth turning looks likely to turn out well for everyone outside Ukraine, Russia and China.
Update: as at late July, it seems that Ukraine can’t win and Russia is about to achieve what she set out do to.
Conflicts of interest
There appears to be little doubt that many doctors have been conflicted in their efforts to deal with Covid19.
This film asks reasonable questions of one doctor in particular.
Foot fault
Djokovich has done the Australian people a service. The cancellation of his visa after arriving in Australia for the Australian Open tennis grand slam will attract a lot of media attention globally. At this stage, global attention on Australia’s COVID19 rules is welcome.
Continue readingPredicting what won’t happen in 2022
It is normal around this time that people consider the upcoming year and even make predictions about what may happen. This year, I’m not going to do that. Instead, I will make predictions about what won’t happen in 2022.
Continue readingWhat’s this warning about?
www.bbc.co.uk/news/health-59542211
Who is she warning and why? What does she think should be done about it?
If no action is necessary then why issue a warning?
The latest COVID strain
It’s the Omicron strain. Or as I prefer, the OMG strain. Viruses mutate, particularly so in response to mass vaccination. No surprises in this quarter. This strain is likely to consider both the vaxxed and the unvaxxed as fair game.
Update: increased government restrictions as a result of this strain apply to all people regardless of vaccination status. The UK has gone even further: to remain classed as vaccinated, booster jabs are now to required once every three months. (Cognitive dissonance alert for those readers who prefer government actions to be coherent.)
What has been achieved by over 25 years of subsidies to renewable energy?
The world runs on fossil fuels. So soon after the latest climate gabfest, this time in Glasgow, and the strategic oil reserve is being opened up. Certain foot-stamping teenagers will not be happy.
If the vaccines work, why aren’t they working?
That’s odd, don’t you think?
No mystery here
It’s not a mystery at all. Unless you think the Left care about the poor and vulnerable. Once you understand that they don’t, it all makes sense. Pursuit of political power is the real game.
Australian Actuary 