Bill Bonner is someone who has a 40+ year history of studying the markets and attended the best schools.  This is the 4th time he has shared a major market change report. 
* First was the Japanese stock market crash in 2004.  It still is 30% lower that what it was at its peak.  9 of 10 major global banks were affected. 
* Second was the dot.com internet plunge in the 90’s.  The Nasdaq fell about 80% and took 15 years to reboud.
* The third was in 2005-7 with mortgage finance and real estate.  Dollar and bonds did fine, but 10 milllion lost homes. 

He looks at two runaway cars ready to derail us in a manner that will affect everyone soon.  They are inflation driven by diesel fuel and gas shortages that readily affects the supermarkets and other products getting to the shelves.  The other is governmental pressures to reach net zero emissions that is prohibitively expensive and unproductive. 

He works with Lomborg, acclaimed as one of the top 100 global thinkers who analyzes New Zealands net zero emission efforts.  The cost to attempt to cut in half their emissions would cost $19 billion each year until 2050 = to what their entire educational and health care budgets.  To get the other half of the zero emission by 2050 would cost much more – more than their entire budget.  AND the decrease on world temperature for all their hard efforts would be a mere decrease of
0.004 degrees F.

It will bankrupt the country and make no significant difference in global warning. 

For the US to follow this path,  it would cost $5 trillion dollars annually. (This is the course that the Democrats are leading America.)

 Green energy mandates will cost trillions of dollars, and in their current form will do almost nothing to prevent global warming.  And yet that is what is being pushed – by the Elite caste of America - mainstream media, governmental leaders, corporate America, and Hollywood… 

Erlich and Gore pushed related agendas in their days and made their multi-millions. Bill and others of The National Taxpayers Union sought to bring set some limits.  First they sought to control governmental waste spending, but leaders wanted their pork barrel projects.  Then they sought to set limits on tax dollars but the leaders went to borrowing funds intended for the future.  That’s what led Bill to sue the US government for stealing from the children’s future and came up empty handed. 

Bill left the US and set up a series of businesses globally worth $3 billion.  He bought a large ranch in Argentina and experienced first hand the issues of a dysfunctional government midst super inflation.  Sadly the same issues are taking hold in America.    INFLATION and GOVERNMENT PRESSURES for net zero emissions - the combination will create America’s Nightmare Winter.
 
You can find his full transcript that adds graphs and many more details by clicking here.  Sorry, this link has been disconnected.

The Democrats with their net-zero emissions are taking us to a cliff that will bankrupt us and produce inflation, hunger, and cold winters.    This is what their gas taxes are leading us to.   

​Update 10/30/24  Lomborg was involved in the study that Bonner referenced, as one of the world's brightest minds.  I did a quick random follow-up on New Zealand and net zero emissions and found the Lomborg has issued a correction. 

Bjorn Lomborg estimates that hitting its declared net-zero carbon emissions target in 2050 will cost New Zealand between 16 and 32 per cent of annual GDP



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