A good article about the real Great Reset
Read this article: The Real Great Reset, from three weeks ago, by Tim Watkins, social and economic scientist. In it he says that the Great Reset of World Economic Forum and Klaus Schwab is an "imagined and wholly impossible version of the future". This I say it to consolate all afraid conspiracy theorists.
Watkins also says:
"The energy cost of the energy which underpins everything we do, began to increase in the 1970s. From that moment on, the discretionary purchasing power of the developed states has been in decline. The opening up of the last major oil deposits in the late 1970s and early 1980s allowed for one final, debt-fuelled blow-out between 1995 and 2005, before peak conventional oil extraction called time. The remorseless rise of oil prices after 2005 created price increases across the economy as everything made from or transported using oil went up in price accordingly. In an attempt to control the price increases, central bankers increased interest rates; causing the entire debt-based financial house of cards to fall apart in 2008. Only a massive influx of new currency coupled to zero-percent (in real terms) interest rates stabilised the system so that emerging market economies like China and India could provide the global economy with one final blast of output growth before – sometime in 2018-19 – those economies also ground to a halt.
I stress that it is the energy cost of energy, not the quantity of energy that matters. The fact that there is more oil beneath the ground than humanity has extracted to date or that there is enough wind and sunlight to power the global economy to a new age of prosperity is irrelevant. What matters is how much energy we would require to recover that oil or to build out that renewable energy infrastructure versus the amount of energy we recover in return. And the sad answer – in the absence of some yet-to-be-invented alternative – is that the energy cost of the imagined future energy landscape is too high for more than tokenistic projects (such as Britain’s offshore windfarms) to be developed."
