Germany had a massive trade surplus once….
Not very wealthy now.
What is its function to have such a surplus.
The function of production should be consumption after all.
Are the Norwegians making more babies ?
Drinking more beer ?
If not is counting digits all there is?— The Dork of Cork (@CunneenKeith) February 27, 2023
— Real-Estate Land Development Limited (@RealEstateLand3) February 28, 2023
— Real-Estate Land Development Limited (@RealEstateLand3) February 28, 2023
— Real-Estate Land Development Limited (@RealEstateLand3) February 28, 2023
https://iopscience.iop.org/article/10.1088/1748-9326/5/4/044006
2.1. EIR of oil and petroleum
The EIRp, oil typically lies between 10 and 30, but from 1949 to 2008 it ranges from 7.5 (1981) to 48 (1998) with a value of 8.8 in 2008 marking the year of the highest oil price in history and the beginning of the latest time period of US economic recession. The minimum EIRp, oil of 7.5 in 1981 also coincided with the peak of an economic recession in the US as well as the time of the highest overall cost of petroleum as a percentage of GDP at 8.5% (EIA 2008). EIRe, petro from 1970 to 2006 ranged from 5.3 in 1981 to 15.9 in 1998, the same years for the lowest and highest EIRp, oil. In 1981 EIRp, oil:EIRe, petro was 1.43:1 (minimum) and in 1998 3.05:1 (maximum). The EIRp, oil from 1949 to 1972 gradually increased from 19 to 29 with little volatility in the value. This lack of volatility can possibly be attributed to the Texas Railroad Commission (TRC) acting as an oil cartel by prorationing oil production in Texas from 1935 to 1973 to create a price floor for balancing supply and demand (Prindle 1981). With Texas as the swing state oil producer until US peak production in 1970, this balancing on the price was possible.
— Real-Estate Land Development Limited (@RealEstateLand3) February 28, 2023
As it is, Is Ought Truth to Power. Cameralism and the 4th Industrial Revolution.
Control The Debt Control the Conflict, The International. When the crisis hits the fan.
Sweden Switches Sides ( Dagen H (H day) #Swexit #PeakOil, Geo-Politics and False Narratives.
1 thought on “Never Give up on a good thing. Keep polishing the Monopoly Turd. Teeth grinding bullshit pervasive such a fucking waste. Tim Morgans Seeds Falsified?”