This chart of leading oil producers illustrates the growing importance of the BRICS countries as they line up as an energy cartel against the petrodollar and its cancerous growths (IMF, World Bank etc). Two short excerpts from the chart: Despite all the green rhetoric, the Americans have recognized the signs of the times and regained their top position in oil production. From a European perspective, the geostrategic horizon is darkening, because one thing is clear: the Europeans have no energy reserves whatsoever and have failed miserably with their energy policy. In a moralizing small child mentality (Habeck, Baerbock), they have shot themselves in the foot with the sanctions regime against Russia, damaged their nuclear sector and cut off access to Russian gas, the lifeline of German industry.

This geopolitical impotence makes it clear where the net-zero climate apocalyptic narrative of the (Davos) Europeans comes from. They want to continue to have a say at the table of power and try to drag everyone else down to their level with this climate nonsense. 'If we don't produce anything, you live in a shithole too!

But when the Europeans (Germans) finally come to the razor-sharp conclusion that nobody will follow them on the road to green communism with total control, cargo bikes and CBDC, it will be too late. But like little children, the technocrats and central planners from Brussels want to continue to have their say at the table of power (which is determined by the energy powers that be) and try to drag everyone else down to their own level with this disastrous policy. The recent panic in London and Paris suggests that the charade is failing and the escalation spiral with Russia cannot be sufficiently turned as there seems to be a growing faction in the US that is clearly giving the London/Neocon faction (see above remember Victoria Nuland???) pause.

Europe, meanwhile, can brace itself for the next wave of inflation, banking crises and sovereign defaults as soon as the interim high in the bond market subsides and the euro accelerates its slide. The way is paved for the Eurozone to find a nice grave for its failed currency and the stupid arrogance of the central planners, who will now be confronted with reality in the form of rising energy prices and inflation, which they will of course put on Putin's bill to distract from their fiscal and monetary debacle. Let's give things time and watch out for oddities like ISIS 'assassinations' or collapsing bridges paralysing the world's major logistics nodes while the Americans secretly make a run for it in Ukraine and London/Davos run out of pawns.