Petri Palmu

Somewhere in the social, ecological and economical sphere. With open eyes in front of the complex relations. Learning and thinking.

[Prof. Steve Keen @ProfSteveKeen]

In 1973, the Yom Kippur War completely transformed the global economy. Within months, the price of oil leaped from $2.50 to $10 a barrel, pushing the world into a severe stagflation crisis. Today, we are looking at a remarkably similar setup in the Strait of Hormuz, yet the political elite and central bankers are operating in a complete fantasy world.

Donald Trump claims he loves inflation because his oil producing allies are enjoying massive profit margins. He assumes that once conflicts end, production will instantly snap back like a rock falling. This shows zero understanding of industrial production. When oil infrastructure is disrupted or wells stop flowing, restarting them is an immense technical challenge, not a political talking point.

Meanwhile, the Federal Reserve is using flawed models to diagnose the problem. They believe consumers are driving this inflation by accelerating their purchases out of fear. They use complex mathematical setups called DSGE models, which assume human beings have perfect foresight and optimize their spending across generations. It is an insult to mathematics.

The real issue is a supply shock. Energy is not just another line item on a balance sheet, it is the essential ingredient for all physical work. If energy inputs drop by 10 percent, economic output drops by 10 percent. Squeezing families with higher interest rates does not create a single new barrel of oil. Instead, it forces anyone with a mortgage or a business loan to pay more to the financial sector, draining the cash flow they need to survive. In 2008, the crash was driven by a collapse in predatory borrowing. This time, the crisis will be driven by a physical collapse in production while our massive mountain of private debt remains exactly the same.

P.S. We need to look at the physical reality of production rather than the abstract theories of academic economists.

Watch the full video analysis here to see how this unfolds: https://t.co/FD6wrRzGwr

[Petri Palmu @petrifiedtree]

https://t.co/Bwys9hL4xX

Nato on juuriltaan natsiorganisaatio (paperclip, gladio,... ). Länsi-Saksaa ei denatsifioitu. Olof Palmen, Dag Hammarskjöldin murhasi...? CIA:n edeltäjä = OSS.

[Petri Palmu @petrifiedtree]

https://t.co/wCF77RmV7O

Järjestö- ja puoluekorruptio kytkeytyy USAIDiin. Oli ja on tarve rakentaa verorahoilla kansalle nettohaitallinen sumukerros, ja EU tietenkin, jotta hajota&hallitse...

[DataRepublican (small r) @DataRepublican]

https://t.co/ejBWooREBX

[Fidias Panayiotou @Fidias0]

The EU Parliament Broke Its Own Rules

[Petri Palmu @petrifiedtree]

https://t.co/5PZSZwR8gA

[MJTruthUltra @MJTruthUltra]

USAID, Hunter Biden, Google, Ukraine, EcoHealth, NIH etc.— all contributors for causing the COVID-19 pandemic…

For years, USAID gave millions in taxpayer money to Peter Daszak’s EcoHealth Alliance through its PREDICT program.

The goal was to hunt “emerging viruses” — including dangerous bat coronaviruses — often in partnership with China’s Wuhan Institute of Virology.

EcoHealth funneled U.S. funds to Wuhan researchers for studies on these “killer” viruses.

Daszak’s group also received hundreds of thousands of dollars from Dr. Anthony Fauci’s NIAID, which it passed along to the same Wuhan lab.

Daszak later sat on the WHO’s COVID-19 origins investigation team. There, he worked to downplay the lab-leak theory — even as evidence grew and former intelligence officials raised alarms.

Google also funded EcoHealth’s research — including work by Daszak — since at least 2010.

• Since 2005, $10 Billion dollars have been funneled through black operations through the check of Anthony Fauci

• The University of North Carolina received an exemption from the gain of function moratorium

• By 2016, the National Academy of Sciences stated “SARS coronavirus is poised for human emergence”

• Which coronavirus was poised for “human emergence”? Answer: (WIV1)
Wuhan Institute of Virology Virus 1

• By 2017-2018, the following phrase entered into common parlance among the community — “There’s going to be a accidental or INTENTIONAL RELEASE of a respiratory pathogen.”

• April 2019, several months before Covid patient zero, FOUR patent applications of MODERNA were modified to include the term: “Accidental or intentional release of a respiratory pathogen”
— as the justification for making a vaccine, that did not exist!

🔻 Hunter Biden, George Soros, EcoHealth, and the Wuhan Lab in China

• Facts we know:
Hunter Biden indirectly funded the Wuhan Institute of Virology (WIV) primarily through his role at Rosemont Seneca Technology Partners, which invested in Metabiota, a biotech firm that partnered with EcoHealth Alliance on pathogen research; EcoHealth, in turn, sub-awarded a portion of its NIH grants—about $600,000 over several years—to the WIV for collaborative bat coronavirus studies.

These links tie Hunter's firm to Metabiota's work with EcoHealth, involving sensitive pathogen detection assays performed at the WIV, and broader biosecurity projects funded through USAID contracts.

Why do you think Trump and Elon targeted USAID?

Emails and investor materials directly from Hunter's laptop show his firm secured funding for Metabiota, pitched as a key player in global health initiatives akin to intelligence operations.

George Soros's ties to the Wuhan Institute of Virology (WIV) emerge through a web of financial and organizational connections, including his Open Society Foundations funded U.S.-backed biological programs in Ukraine, which overlapped with Metabiota, the same company that Hunter was involved in.

These partnerships combined directly enabled gain-of-function research at the Wuhan lab…

https://t.co/5AYGK1TBsM

[Nassim Nicholas Taleb @nntaleb]

QUESTION on CHINA.
It seems to me that China is libertarian for small entities, w/near complete laissez faire, compared to, say, Italy or France, where the small is overregulated and the large able to play the system. China's state control applies to large entities.
CORRECT?

[Mathematica @mathemetica]

Quadric surfaces are key shapes defined by quadratic equations in three variables. This figure displays an ellipsoid, hyperboloid of one sheet, hyperboloid of two sheets, elliptic paraboloid, hyperbolic paraboloid, elliptic cone, and a translated cone as 3D plots.

These surfaces have many real-life uses, including parabolic reflectors in telescopes and antennas, hyperbolic shapes in architecture like cooling towers, and conical forms in optics and relativity.

[Gabriel Rockhill @GabrielRockhill]

💥My next book is out July 1! 💥
"Requiem for French Theory" is a short & accessible book of dialogues I co-authored w Aymeric Monville (facilitated by Jennifer Ponce de León). John Bellamy Foster wrote the intro & it was published by @monthly_review. Launch & purchase info in 🧵

[Petri Palmu @petrifiedtree]

https://t.co/qltwrAkpNH

[Anatolij Sharij @anatoliisharii]

Boxer Oleksandr Usyk gave a startling answer when asked what he knew about political persecution in Ukraine.

Usyk replied that he had spent the last three months intensely preparing for his fights and therefore had not heard anything about it.

He added that he is an athlete, not a politician, and therefore knows nothing about such matters.

I should point out that Oleksandr Usyk constantly emphasizes that he is a Christian.

He mentions it many times in almost every interview.

At the same time, Oleksandr Usyk has never said a single word about the Church under Zelensky.

He has never spoken up for a single arrested clergyman, nor has he ever condemned the prosecution of a metropolitan of the Orthodox Church to which he belongs.

He has never come out in defense of anyone politically persecuted. Naturally, he has not condemned pressure on the media, the banning of political parties, and so on.

At the same time, Oleksandr Usyk tried to present his championship belt to Zelensky and has repeatedly expressed support for the head of the Security Service of Ukraine, Vasyl Maliuk, during whose tenure, in his view, large-scale repression against clergy, the media, and the opposition has unfolded.

Oleksandr Usyk has repeatedly voiced his support for the Ukrainian authorities and has specifically singled out the Security Service of Ukraine, urging people to support its chief.

Oleksandr Usyk is, without a doubt, a great boxer. At the same time, he is an equally great coward and conformist.

[Petri Palmu @petrifiedtree]

https://t.co/abAfhwT2zU

[General Mike Flynn @GenFlynn]

BREAKING: UKRAINE, what is really going on?

BIOLABS, trafficking, laundering, you name it.

Ukraine is a crossroads of Europe and U.S. taxpayers are being ripped off to the tune of billions with no clear end in sight. This is another war that has to end and the U.S. needs to find a graceful exit out. Prolonging this war has the real potential to lead to a nuclear exchange.

And pouring good money after bad is never a good thing.

[Gabriel Rockhill @GabrielRockhill]

Review of "Who Paid the Pipers of Western Marxism?" in @Aftonbladet, Sweden's biggest newspaper: "[This] is the most transformative and groundbreaking work I have read in the last decade..."
https://t.co/2UZZBOZBjg

[Petri Palmu @petrifiedtree]

https://t.co/5xlEc0yDdt

[Johnny miller @johnnyjmils]

Russia is not a democracy. Nor is it fascist. It is State Capitalism run by the securiry state. And its done pretty well for its people over the last 25 years. There's alot of corruption. Big corruption and petty corruption. But when i broke my leg real bad slipping on ice. The emergency surgery was totally free. Ive still got the metal bar in my leg. They have social programs, free health care and education that British leftists could only dream about. And when I ask Russians what they think of Putin. They generally shrug, "He's done a good job." Im sorry if that hurts people. But its just the truth.

[Petri Palmu @petrifiedtree]

https://t.co/ZzffITJ41B

[Afshin Rattansi @afshinrattansi]

Why Anthony Bourdain wanted to ‘beat Henry Kissinger to death; a list of the crimes of one of the US’ most notorious war criminals:

-Oversaw the US’ carpet bombing of Cambodia, which killed between 150,000-500,000 civilians, approving each of the 3875 bombing raids between 1969-70

-Gave the green light for Pakistan to launch its brutal killings in Bangladesh, which led to 3 million deaths

-Approved Argentina’s ‘Dirty War’ against left-wing Argentinians, which killed around 30,000 people

-Oversaw many of the years of the US bombing of Laos, in which the United States dropped 260 million bombs on the country, which killed an estimated 200,000

-Oversaw the Nixon years of the US’ imperial was on Vietnam, the final death toll of the war was 2.5-3 million Vietnamese deaths

-Helped organise Augusto Pinochet’s fascist coup in Chile, thousands killed in the formative years of Pinochet’s regime

-Gave the green light for Indonesia to invade East Timor, resulting in a brutal occupation that would last 24 years. Hundreds of thousands died

[Petri Palmu @petrifiedtree]

https://t.co/yPfz2eajIC

[Artificial Intelligence @AIGuideHQ]

Top Linux Commands

Follow for more @AIGuideHQ

[Sahra Wagenknecht @SWagenknecht]

Vor der Bundestagswahl stand für Friedrich Merz noch fest: Neue Schulden sind böse! Steuereinnahmen in Höhe von einer Billion Euro – damit müsse man doch wohl auskommen, polterte er.

Nach der Wahl konnte es dem Kanzler dann gar nicht schnell genug gehen mit dem größten Schuldenpaket der BRD-Geschichte. Irre Summen fließen ins Militär, in Waffen und Panzer, und an die Ukraine. Während Rüstungskonzerne wie Rheinmetall jubeln, soll jetzt beim Bürger gespart werden.

Elterngeld, Krankenkassen, Pflege: Diese Kürzungen sind nur ein Vorgeschmack auf die kommenden Wochen. Mit diesem Bundeskanzler droht ein Sommer der sozialen Grausamkeiten!

Für das BSW steht fest: Weg mit Merz!

Deshalb kommt alle zu unserer großen Kundgebung am 13. Juni in Magdeburg. Seid ihr dabei?

[Petri Palmu @petrifiedtree]

Venäjällä 2.2% työttömyysaste, venäläisten köyhyys vähenee vauhdilla. Suomessa ei tapahdu aitoa talouskasvua, vaan NATO-militarisoinnista johtuvaa velkaantumista ja pelon ilmapiiriä sekä resurssien tuhlaamista pois hyvinvoinnista. Maa on huijareiden käsissä.

[Petri Palmu @petrifiedtree]

https://t.co/iR3YpnXVmJ

[John Mappin @JohnMappin]

We did sincerely try to warn the UK and the US Governments that sanctions would only hurt the economies of the countries doing the sanctions and would enrich the countries and strengthen the sovereignty of those countries that have been sanctioned.

Below is an excellent example of that reality.

Rishi Sunak, whom we politely wrote to, offering help, as a fellow Wykehamist Alumni, may have become Prime Minister, but he certainly did not have the same maths teacher as I did.

I'm afraid the previous PM here in the UK had not yet worked out how to use a hair brush so little hope there I'm afraid.

Why is commons sense - that is supposed to be so common - so rare, Candace @RealCandaceO @kadmitriev ?

With the relationships that were ( and probably still are ) possible Britain could have been strategic energy oil and gas (and uranium), wholesalers to the whole of Europe.

Our National debt would have been wiped within years and every household would have double the standard of living.

Let's hope we can restore common sense again to international trade.

One may have to stand for parliament to restore it.

@AndreyGGeorgiev

[Prof. Steve Keen @ProfSteveKeen]

I think the biggest mistake in economics is treating the financial system like it naturally settles down on its own.

It doesn’t.

It behaves more like a seesaw, where one side’s gain is another side’s burden, and once debt starts accelerating, the whole thing becomes unstable.

That is why crises keep coming back.

For the full video, check out the comment section.

#SteveKeen #Economics #Debt #FinancialInstability

[Petri Palmu @petrifiedtree]

https://t.co/rTetZU0eJx

[Petri Palmu @petrifiedtree]

https://t.co/0eYzChsHzM

[Furkan Gözükara @FurkanGozukara]

ABSOLUTE BOMBSHELL: Former CIA Officer Joe Kent confirms Charlie Kirk was publicly assassinated for exposing the Zionist lobby!

He reveals Kirk actively tried to stop the disastrous Iran war before being silenced. The establishment is operating as a murderous cartel!