First, we have the ongoing government debt Ponzi scheme applied to US taxpayers. The unsustainable national debt is the elephant in the room that the ruling class and the media don’t want to talk about.
Under President George W. Bush, the national debt rose doubled, from 5 to 10 trillion dollars. President Barack Obama said, “Hold my beer” and doubled it again from $10 trillion to $20 trillion during his 8-year tenure. Debt was still creeping up under President Donald Trump, but COVID pushed it into the stratosphere, with aid money and paying Americans not to work. President Joe Biden has kept his foot on the gas pedal and now with that National debt clock over $31 trillionthere is no sign of slowing down, let alone stopping.
The national debt pyramid scheme leads to inflation and bottlenecks in eternity.
The recent collapse of the FTX cryptocurrency crisis has earned its former CEO Sam Bankman-Fried comparisons With Bernie Madoff, a Wall Street financier who ran the largest Ponzi scheme in history. The former FTX CEO had inadvertently described crypto Mark out or yield farming as essentially a Ponzi scheme.
Today we have an ongoing “green” Ponzi scheme of net-zero emissions by ridding the world of the fossil fuels whose manufactured products, fuels, pesticides and fertilizers have led the world from consuming in less than 200 years 1 to 8 billion people was populated. right AFTER the discovery of the oil, in favor of Wind and sun that CANNOT CREATE ANYTHING for society.
Like national debt, the unsustainable reduction in fossil-fuel products that feed the world is another elephant in the room that the ruling class and the media don’t want to talk about.
Today we have 8 billion on this planet surviving because of all the produce, fuel, pesticides and fertilizers MANUFACTURED from fossil fuels.
Today, those 8 billion’s NEEDS are increasing for anything made from fossil fuels to stay alive. The more people lift themselves out of poverty, the faster the demand for these manufactured products increases.
The green movement has no intention of replacing everything made from fossil fuels, just a plan to generate electricity from nothing but breezes and sunshine.
Interestingly, everything that requires electricity is made with the oil derivatives made from crude oil, including all parts of wind turbines, solar panels and electric vehicles. In an all-electric world, nothing runs without oil!
Like the national debt Ponzi, the scarcity of products, fuel, pesticides and fertilizers MANUFACTURED from fossil fuels will continue to contribute to shortages and further inflation in the long term.
So we can get to the net-zero carbon society that we had in the 18th century, when there were no coal-fired power plants, no natural gas-fired power plants, and no crude oil that could be refined into useful products, but with a few billion fewer people on this planet who will die of starvation, disease and weather-related deaths.
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