The main reason why Europe is FUCKED.... is because they are have a severe deficit of affordable energy...
Yes yes of course ... that's all due to 'the war'... but of course it's not... cuz Russia continues to supply them with energy ... the problem is ... there is not enough to go around now that the North Sea is dead... even Norway is past peak now....
I wonder what it is like to get paid to write shit that they surely must know to be lies... I suppose Ambrose understands that his role in ensuring the barnyard animals never get a whiff of the truth ... is crucial... because if they did... they would panic big time and fall into despair... and the situation would get a whole lot worse.
Consider NZ... if they took heed of my warnings... there would be a mass exodus to Australia and elsewhere... the property market would collapse... the economy would collapse ...
Fortunately they are stupid morons... they probably believe the 200M for exploration is a lot of $$$... and that surely there massive untapped oil and gas fields just waiting to be drilled.
Stupid Morons.
If there are any smart ones... they will be selling up -- even at depressed prices --- and fleeing... cuz they understand it's going to zero so you get what you can
Meanwhile... why second half of 2026? The stimulus so far has not worked... why would it work next year????
Maybe he does not understand that all those fellas who paid in full for millions of apartments that never got built... still owe that $$$ to the banks... fellas who already area paying for something that does not exist... + rent cuz they need somewhere to live... are NOT going to buy more property...
China is FUCKED.
John Lam, head of China and Hong Kong property research at UBS, has pushed back his recovery timeline in China's battered real estate sector to the second half of 2026. The delay reflects fading sales momentum and growing stimulus fatigue from the People's Bank of China, raising doubts about near-term tailwinds for the world's second-largest economy.
In March, Lam told clients that home prices across top-tier markets would "turn stable" by early 2026. That forecast has been pushed out to mid-to-late 2026 unless more stimulus measures are rolled out.
"The sales momentum has become tepid in recent months," Lam said in an interview, quoted by Bloomberg, adding, "If that continues, a recovery will occur later than expected."
What do you think has been main gdp driver of China since 2008? Ghost cities and bridges to nowhere.. and now they have a monstrous debt load...china is fucked...but then so is every country...the US holds u cuz they can run debts to the moon cuz if they fail the world fails
All on video, just like yesterday's topic. I was there a few years back. I had noticed highways running through other, now abandoned, recent highways. They build everything with very little planning.
Conversely, I really liked how towns were limited, and that green areas filled the space between them. Sprawl is kept in check there.
The problem is... thats about the only thing people are able to "invest" in, in China. Gold is important, but not like what the property sector was intended to be. That was also aimed at driving the consumer market so that China could focus inward.
It failed, and now China is miserable at every level. They are quickly loosing hope.
Home ownership is economic heroin. Every government eventually gets hooked on the revenue it creates. China moved too fast, and blew it. Nothing made in China is of lasting quality, except for government buildings.
Many of the barnyard animals will believe this will turn around at some point ... so they don't unload their assets and flee.... I have passed along this latest energy horror story to a few of them ... they don't reply...
I feel like Hitler ... informing the Jews that I intend to gas them.... and they don't get the message and just hang around waiting for my fellas to load them into box cars.
Humans are so fucking stupid.... intelligence is stupidity
Like you would have the balls to fight through all of World War I on a vegan diet without even a drink or a cigarette. Then he got gassed himself. Poor guy couldn't catch a break.
“STOP THE SLIDE!” - “OH MY GOD SOMEBODY JUST FELL OUT OF THE SLIDE!”
Chaos on the world’s largest cruise ship after a waterslide panel shatters mid-ride. One passenger reportedly sliced open, triggering an emergency shutdown.
When one walks in the bush in NZ... there are next to no birds. The reason is that barnyard animals introduced possums and other marsupials as well as rodents... that feast on bird eggs....
I live next to a small park 2km from the CBD in Perth... there are more birds in that park than in all of NZ!!!
More fake news.... https://archive.ph/OitD2
The main reason why Europe is FUCKED.... is because they are have a severe deficit of affordable energy...
Yes yes of course ... that's all due to 'the war'... but of course it's not... cuz Russia continues to supply them with energy ... the problem is ... there is not enough to go around now that the North Sea is dead... even Norway is past peak now....
I wonder what it is like to get paid to write shit that they surely must know to be lies... I suppose Ambrose understands that his role in ensuring the barnyard animals never get a whiff of the truth ... is crucial... because if they did... they would panic big time and fall into despair... and the situation would get a whole lot worse.
Consider NZ... if they took heed of my warnings... there would be a mass exodus to Australia and elsewhere... the property market would collapse... the economy would collapse ...
Fortunately they are stupid morons... they probably believe the 200M for exploration is a lot of $$$... and that surely there massive untapped oil and gas fields just waiting to be drilled.
Stupid Morons.
If there are any smart ones... they will be selling up -- even at depressed prices --- and fleeing... cuz they understand it's going to zero so you get what you can
BP to cut 6,200 jobs as it launches second business review in 6 months
“You just never plan on this amount of success so we need to think about resource allocation,” said Auchincloss.
https://archive.md/xQbEE#selection-1583.0-1583.70
"Critics like Duffy say more needs to be done now to bring down gas and electricity prices and shore up energy supply."
Love these kinds of comments. Like, what do you want them to do, conjure up gas from nothing? Idiotic.
Wave a magic wand .
Meanwhile... why second half of 2026? The stimulus so far has not worked... why would it work next year????
Maybe he does not understand that all those fellas who paid in full for millions of apartments that never got built... still owe that $$$ to the banks... fellas who already area paying for something that does not exist... + rent cuz they need somewhere to live... are NOT going to buy more property...
China is FUCKED.
John Lam, head of China and Hong Kong property research at UBS, has pushed back his recovery timeline in China's battered real estate sector to the second half of 2026. The delay reflects fading sales momentum and growing stimulus fatigue from the People's Bank of China, raising doubts about near-term tailwinds for the world's second-largest economy.
In March, Lam told clients that home prices across top-tier markets would "turn stable" by early 2026. That forecast has been pushed out to mid-to-late 2026 unless more stimulus measures are rolled out.
"The sales momentum has become tepid in recent months," Lam said in an interview, quoted by Bloomberg, adding, "If that continues, a recovery will occur later than expected."
https://www.zerohedge.com/markets/ubs-delays-china-property-recovery-cycle-faltering-sales-momentum
China's economy does not depend on real estate. Ours does though.
What do you think has been main gdp driver of China since 2008? Ghost cities and bridges to nowhere.. and now they have a monstrous debt load...china is fucked...but then so is every country...the US holds u cuz they can run debts to the moon cuz if they fail the world fails
"Ghost cities and bridges to nowhere."
OK boomer.
All on video, just like yesterday's topic. I was there a few years back. I had noticed highways running through other, now abandoned, recent highways. They build everything with very little planning.
Conversely, I really liked how towns were limited, and that green areas filled the space between them. Sprawl is kept in check there.
/ignore JavaKinetic reason: retardation
https://www.youtube.com/watch?v=mt-Pa5s5zZI
The problem is... thats about the only thing people are able to "invest" in, in China. Gold is important, but not like what the property sector was intended to be. That was also aimed at driving the consumer market so that China could focus inward.
It failed, and now China is miserable at every level. They are quickly loosing hope.
Home ownership is economic heroin. Every government eventually gets hooked on the revenue it creates. China moved too fast, and blew it. Nothing made in China is of lasting quality, except for government buildings.
OK racist.
The thing with NZ is this https://www.macrobusiness.com.au/2025/07/new-zealands-once-in-a-generation-house-price-crash/
Many of the barnyard animals will believe this will turn around at some point ... so they don't unload their assets and flee.... I have passed along this latest energy horror story to a few of them ... they don't reply...
I feel like Hitler ... informing the Jews that I intend to gas them.... and they don't get the message and just hang around waiting for my fellas to load them into box cars.
Humans are so fucking stupid.... intelligence is stupidity
"I feel like Hitler .."
Like you would have the balls to fight through all of World War I on a vegan diet without even a drink or a cigarette. Then he got gassed himself. Poor guy couldn't catch a break.
Hoolio ! xxx
I won't slave for beggar's pay, likewise gold and jewels
But I would slave to learn the way to sink your ship of fools..
The Grateful Dead
Frighten the sheeple!
“STOP THE SLIDE!” - “OH MY GOD SOMEBODY JUST FELL OUT OF THE SLIDE!”
Chaos on the world’s largest cruise ship after a waterslide panel shatters mid-ride. One passenger reportedly sliced open, triggering an emergency shutdown.
https://x.com/HustleBitch_/status/1953838845910249921
https://substack.com/@jdtonkin/note/c-140958074?r=5tpj2j
When one walks in the bush in NZ... there are next to no birds. The reason is that barnyard animals introduced possums and other marsupials as well as rodents... that feast on bird eggs....
I live next to a small park 2km from the CBD in Perth... there are more birds in that park than in all of NZ!!!
Glad the birds have survived but introduced rabbits and rats have caused havoc in Australia too, not to mention cane toads.