Re: most creepy chart on itulip...
You are absolutely right that the Federal Reserve's ridiculous accommodative monetary policies to finance the Vietnam War and Nixon's Cold War spending is part of the reason why the U.S. started to get into economic trouble in the 1970s. But the protests from Jane Fonda and her eco-frauds in Greenpeace, the Sierra Club, Union of Concerned Scientists, among other radical groups, in the 1970s against nuclear power is the other reason why the U.S. got into economic trouble. The U.S. lost its will to produce and instead, let the tree-huggers set the agenda away from oil, gas, nuclear, hydro-electric power, and coal.
So it's both the radical environmentalists and the inflationists at the Federal Reserve Bank who killed the economy in the U.S and in much of the world.
And here in British Columbia, the economy is absolutely dead thanks to the inflation caused by the Bank of Canada and thanks to the eco-frauds setting the planning and policy agenda for the province. So, it's a similar story to what is going on in the U.S.
There is some hope now with Alberta's success with its up-graded oil. Also, Bruce Power Corporation is planning to build reactors in Saskatchewan and Alberta. Ontario is 20% nuclear now. New Brunswick is expanding its nuclear power. Duke Energy Corporation down in the U.S. and in Latin America is expanding nuclear power. The U.K. is now going back to atomic energy. China is ordering more reactors. India is going nuclear. Saudi-Arabia is going nuclear...... Indeed, there is hope for the world.
And the beautiful thing about nuclear power now is that the world can take the uranium out of atomic weapons and use that for power generation in reactors, so the dream of "atoms for peace" can now become reality.
You are absolutely right that the Federal Reserve's ridiculous accommodative monetary policies to finance the Vietnam War and Nixon's Cold War spending is part of the reason why the U.S. started to get into economic trouble in the 1970s. But the protests from Jane Fonda and her eco-frauds in Greenpeace, the Sierra Club, Union of Concerned Scientists, among other radical groups, in the 1970s against nuclear power is the other reason why the U.S. got into economic trouble. The U.S. lost its will to produce and instead, let the tree-huggers set the agenda away from oil, gas, nuclear, hydro-electric power, and coal.
So it's both the radical environmentalists and the inflationists at the Federal Reserve Bank who killed the economy in the U.S and in much of the world.
And here in British Columbia, the economy is absolutely dead thanks to the inflation caused by the Bank of Canada and thanks to the eco-frauds setting the planning and policy agenda for the province. So, it's a similar story to what is going on in the U.S.
There is some hope now with Alberta's success with its up-graded oil. Also, Bruce Power Corporation is planning to build reactors in Saskatchewan and Alberta. Ontario is 20% nuclear now. New Brunswick is expanding its nuclear power. Duke Energy Corporation down in the U.S. and in Latin America is expanding nuclear power. The U.K. is now going back to atomic energy. China is ordering more reactors. India is going nuclear. Saudi-Arabia is going nuclear...... Indeed, there is hope for the world.
And the beautiful thing about nuclear power now is that the world can take the uranium out of atomic weapons and use that for power generation in reactors, so the dream of "atoms for peace" can now become reality.
Comment