The Private and External Costs of Germany’s Nuclear Phase-Out

This paper examines the impact of the shutdown of roughly half of the nuclear production capacity in Germany after the Fukushima accident in 2011. We find that the lost nuclear electricity production due to the phase-out was replaced primarily by coal-fired production and net electricity imports. The social cost of this shift from nuclear to coal is […]

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More than 100 Ontario youth sent to hospital for vaccine-related heart problems: Report

There were 106 incidents of myocarditis/pericarditis in Ontarians under the age of 25. That’s slightly more than half of the total of all such incidents. PHO adds that the reporting rate for heart inflammation in those 18-24 was seven times higher with Moderna than with Pfizer. While PHO initially worked with reports of 314 such incidents, upon further investigation […]

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China’s Central Bank: ‘Bitcoin Has No Value’. Can Central Bankers Kill Bitcoin?

On August 13, Russia’s Central Bank called it a «technological financial pyramid scheme.» First Deputy Governor of the Bank of Russia, Sergey Shvetsov, likened buying Bitcoin to «entering a minefield» and said the local stock exchange should not list any companies that trade in Bitcoin . A month earlier, on July 18, the Bank of England’s FinTech Director, Tom Mutton, said a digital fiat […]

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‘A longer road to recovery:’ Canada’s economy shrinks, catching economists by surprise

The economy contracted 0.3 per cent between April and June, or 1.1 per cent on an annual basis, Statistics Canada reported on Aug. Adding to the dismal report, the federal agency delivered preliminary data for July that showed gross domestic product declined 0.4 per cent, a worrisome start to the third quarter. It’s the first quarterly drop in GDP since the […]

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The central banks have set the stage for a persistent and ugly inflationary future

Simply put, if you believe in high inflation, you would put your money in hard assets, like gold, real estate, commodities and certain stocks. And of course, the currency of the country where the inflation is taking place should be avoided. Day after day, the financial news features a parade of smug people pontificating on this issue. After the 2008 financial crisis I made a […]

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Harvard Epidemiologist Says the Case for COVID Vaccine Passports Was Just Demolished

New research found that natural immunity offers exponentially more protection than COVID-19 vaccines. A newly published medical study found that infection from COVID-19 confers considerably longer-lasting and stronger protection against the Delta variant of the virus than vaccines. «The natural immune protection that develops after a SARS-CoV-2 infection offers considerably more of a shield against […]

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Infection fatality rate of COVID-19 in community-dwelling populations with emphasis on the elderly: An overview

ABSTRACT Background The infection fatality rate (IFR) of Coronavirus Disease 2019 (COVID-19) varies widely according to age and residence status. Purpose Estimate the IFR of COVID-19 in community-dwelling elderly populations and other age groups from seroprevalence studies. Study protocol: https://osf.io/47cgb. Data Sources Seroprevalence studies done in 2020 and identified by any of four existing systematic […]

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Rex Murphy: Trudeau’s handling of Afghanistan is our great national shame

This election may have begun as an opportunistic whim of a self-involved prime minister, but it is clearly something else now. One presumes that the PMO, despite the raging pandemic, thought that a Canadian election in August, with the Liberals riding high in the polls and the PM’s approval versus other leaders high as well, […]

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