Bill’s commentary:
“Do you remember 2 years ago when you pushed back against the jab …and all you could hear was ‘just do the right thing’? Guess what …YOU DID! “
New Zealand is a small country yet it often serves as a useful microcosm of events in other parts of the world.
At present men and women are being slaughtered.
Within the last few days Liz Gunn, head of NZ Loyal, one of the few political parties willing to speak out revealed leaked documents indicating that tens of thousands of the population have died from the experimental gene therapy. If you appreciate that the population of New Zealand is just 5 million it gives some idea of the scale of the slaughter. In one clinic in one day 30 people were given the jab. All 30 are now dead.
Bill’s commentary:
“HAPPY BIRTHDAY Dismal Dave, you earned it!”
‘I can see now that my main trouble was my failure to grasp the vital difference between stock gambling and stock speculation.’ Jesse Livermore.
– note:
Bit of a heads-up, folks. Whilst my pale, undernourished body continues to heal gradually, a certain significant event looms large; my birthday! Y’see, on Wed. week, I will attain a significant personal milestone; on that day, I will reach a perfect cricket score…80 not out! (fingers crossed!)
Starting tomorrow, the family begins to assemble and the celebrations will begin. Woo Hoo!
I mention all this because it will probably have a detrimental affect on my dismal output! Sorry.
However, feel free to raise a glass, or two, in acknowledgement of the event.
Sooo envious, given my alcohol-free restrictions at the moment @#$%.
FYI…
Quite right!
Bill’s commentary:
“Erik with today’s ‘normal’ reality that would have been total science fiction just a few short years ago.”
Bill’s commentary:
“In today’s world, anywhere that credit does not flow freely will fail with real world ramifications …”
Access to financing has become more complicated for oil refiners as banks are increasingly looking to reduce their exposure to fossil fuel projects, according to refining executives.
“If you have the word ‘refinery’ anywhere in your title, you’re not going to get finance,” Alwyn Bowden, chief executive officer of Malaysia’s Pengerang Energy Complex, said at an industry conference, as quoted by Bloomberg.
Banks are also increasingly demanding emission-cutting targets from the oil refiners seeking financing, Bowden noted.
Bill’s commentary:
“The real question is, “who” bails out the central banks? Then of course, who bails out the ‘bailers’?”
Two weeks ago we reminded the world that thanks to soaring interest rates, which will only keep rising until the Fed figures out what “big-enough” crisis it uses to trigger QEx+1, the staggering losses on global fixed income securities which according to the IIF amount to $307 trillion – as calculated by DB’s Jim Reid – have risen to a staggering $107 trillion. And while thanks to such facilities as the BTFP much of the MTM risk has been transferred (if only for the time being) away from commercial banks and to the Fed, the cumulative losses at central banks are now absolutely staggering, starting with the biggest and baddest one of all, where the Fed operating loss is now $111 billion and rising with every day that the Fed pays out more in interest to banks (excess reserves) and money markets (reverse repos) than it collects on its bond portfolio…
BillHolter.com 
Thank you pamelamoves@gmail.com
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Happy birthday, Dave., and thanks for what you do! Bill, your comments on New Zealand took me back to when Australia and NZ were to escape the virus because they were islands. How did that work out for them? EV—what a mess! With the EV equivalent for a gallon of gas, over $17, with municipalities pulling EV gas transportation off the streets for safety reasons, and the public (for myriad reasons), backing away, what will happen when the elite get their desire and we have no viable sources of energy?
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