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Impressed deckhand on the Stultifera Navis. Article 58 Zek-to-be. Independent research & content. Unconventional Wisdom and Original Thinking. Eppur si muove!

May 13, 2022, 8 tweets

Here are a few slides I sent the guys by way of a pre-amble:
🧵
1/n

For all the blithe talk about #EnergyTransition, the blunt truth is that civilisation runs on hydrocarbons. Remove the latter and the former falls, too.

2/n

Even the food we eat requires them. We have not improved the living standards of all our teeming billions on the quasi-Neolithic methods of farming so beloved of the ignorant #Green metromarxists.

3/n

But who wants to discuss THAT when we can all Ooh! and Aah! at the ongoing #Tech-#memestock-#crypto collapse instead??

4/n

As for rising prices, it's going to take a LOT to get Pandora to lock the nasties back in her accursed box - as #JeromePowell, almost alone of all his hapless peers, seems slowly to have realised.

#FederalReserve #inflation

5/n

Regarding #bond #yields, as Bagehot famously said: "John Bull can stand much. But he cannot stand 2%", though HE meant no-one could survive, investing sanity intact, if they were that LOW!

#UST $TLT

6/n

Not investment advice, etc, etc.

7/n

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