Saturday, July 18, 2020

Is A Green New Deal Reasonable ???

Here is a discussion why a green new deal may not be feasible:

https://ourfiniteworld.com/2020/07/17/why-a-great-reset-based-on-green-energy-isnt-possible/

We screwed up by turning our economy over to one group of crazies (the lockdown crowd), and now we're on the brink of giving it to yet another group of crazies (the greens). Can anyone say "Lysenko"?

One thing is certain - at this stage of the "reset", there is no way a green economy could generate the revenues needed to service our existing sovereign debt and obligations. That means default is inevitable, and along with it the end of Social Security and other pension plans. This will be one of the greatest catastrophes in our history, and it will have been self-inflicted.

Are you happy now?

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