New York Times Pushes Nuclear Power as the Solution to Climate Change

By Eric Worrall – Re-Blogged From WUWT

In the face of the utter failure of large investments in renewables to deliver CO2 reductions, greens are increasingly embracing nuclear power as the solution to climate change.

Nuclear Power Can Save the World

Expanding the technology is the fastest way to slash greenhouse gas emissions and decarbonize the economy.

By Joshua S. Goldstein, Staffan A. Qvist and Steven Pinker
Drs. Goldstein and Qvist are the authors of “A Bright Future: How Some Countries Have Solved Climate Change and the Rest Can Follow.” Dr. Pinker is a psychology professor at Harvard.

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World Trade Suffers Biggest Collapse Since Financial Crisis

By Mark O’Byrne – Re-Blogged From Gold Eagle

The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The Telegraph.

Data from the CPB Netherlands Bureau for Economic Policy Analysis revealed that world trade volume dropped 1.8% in the three months to January compared to the preceding three months as a synchronized global downturn gained momentum.

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‘Yellow Vest’ Protestors Crowd French Streets for 21st Straight Weekend

By ELAINE GANLEY / AP – Re-Blogged From Time.com

(PARIS) — Protesters from the yellow vest movement took to the streets of France on Saturday for a 21st straight weekend, with thousands marching across Paris and a group briefly invading the busy beltway around the capital.

Riot police rounded up the protesters on the beltway and fired a round of tear gas on the street above, apparently to stop others from entering a ramp onto the road.

At another of Saturday’s numerous protests around the country, police fired tear gas in Rouen, in Normandy, in a showdown with protesters after fires were set in garbage cans and elsewhere.

 

Protesters march along the Quai de Valmy in Paris on April 6, 2019, during a demonstration by the 'Yellow Vests' (gilets jaunes) movement on the 21st consecutive. France has been rocked by months of weekly Saturday protests by the yellow vests, which emerged over fuel taxes before snowballing into a broad revolt against the French President.

Protesters march along the Quai de Valmy in Paris on April 6, 2019, during a demonstration by the ‘Yellow Vests’ (gilets jaunes) movement on the 21st consecutive. France has been rocked by months of weekly Saturday protests by the yellow vests, which emerged over fuel taxes before snowballing into a broad revolt against the French President.
Anne-Christine Poujoulat—AFP/Getty Images

Yellow Vest Protesters Clash With Police in Paris

By Associated Press – Re-Blogged From CBS

French yellow vest protesters set life-threatening fires, smashed up luxury stores and clashed with police Saturday in the 18th straight weekend of demonstrations against President Emmanuel Macron. Large plumes of smoke rose above the rioting on Paris’ landmark Champs-Elysees Avenue, and a mother and her child were just barely saved from a building blaze.

French police tried to contain the demonstrators with limited success.

One perilous fire targeted a bank on the ground floor of a seven-story residential building. As firetrucks rushed over, a mother and her child were rescued as the fire threatened to engulf their floor, the city’s fire service told The Associated Press. Eleven people in the building, including two firefighters, sustained light injuries, as other residents were evacuated to safety.

EU Monetary And Economic Failures

By Alasdair Macleod – Re-Blogged From Gold Eagle

Introduction and summary

The monetary, financial and political weaknesses of the EU are about to be exposed by the forthcoming global credit crisis.

This article assumes the combination of end of credit cycle dynamics and the rise in trade protectionism in 1929 is a valid precedent for gauging the scale of a developing global credit crisis today, as described in my earlier article published here. Then, it was heavier tariffs coinciding with a less destabilising inflation cycle than we face today, a combination that saw stock markets collapse. Today, we have the additional factors of far greater monetary inflation, far higher levels of government debt, low savings coupled with record consumer borrowing, and unbacked fiat currencies likely to lose purchasing power instead of gold-backed currencies which increased their purchasing power.

Declining international trade has already become evident in only a few months, and prescient observers detect early signs of a rapidly developing global recession. In response, the ECB has announced it will target lending to non-financial businesses with its TLTRO-III programme from September onwards.

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France Just Saved Nord Stream 2?

By Dave Keating – Re-Blogged From Forbes

A ceremony marking the start of Nord Stream pipeline construction in 2010 (Dmitry Lovetsky, ASSOCIATED PRESS)

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Extraordinary Changes Coming

By Mike Gleason – Re-Blogged From Gold Eagle

Mike Gleason: It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator and a range of important topics such as global economics, financial markets, governmental policies, precious metals, and the importance of preparedness, among other things, and it’s always great to have him on with us.

Chris, welcome back, and thanks for joining us again.

Chris Martenson: Thank you. It’s a real pleasure to be back with you and all your listeners.

Mike Gleason: Well, Chris, when we spoke last in early November, we talked about the Fed printing money and expanding credit to prevent markets from correcting. The central planners there are always ready to intervene. At the time, equity markets were correcting and stock prices fell through the end of December. Officials must have then decided that enough was enough with all the selling because the Fed has very publicly signaled a change in course and instead of more rate hikes and more selling from the hordes of bonds accumulated during QE, the Fed is putting the brakes on tightening and looking to return to stimulus. Now the equity markets are off to their best start in something like 30 years. What do you make of the most recent intervention? Are they likely to get away with yet another round of bubble blowing here, Chris?

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