What Exactly Do the Officials Mean by “Managing the Transition”, Here is What They Will Not Say Openly, Sundance

 What Exactly Do the Officials Mean by “Managing the Transition”, Here is What They Will Not Say Openly

July 21, 2022 | Sundance

The government policy makers are planning to do just that, spend more.  They practiced during the COVID economic lockdowns, now they will execute a similar policy path as they manage the energy transition.

We have only just entered the beginning phase of this Build Back Better agenda.  No one, including the banks and policy makers, have any idea how long this is going to take. We could be in this period of severe economic contraction for several years, perhaps decades, until their grand design of a new energy future is complete.  This has been the discussion at the World Economic Forum (WEF), as the instructions were passed out.

The entire time the western government architects are doing this, they must keep the demand for traditional energy products like coal, oil and gas at the lowest demand possible.  That is why the central banks and politicians must keep economic activity at the lowest -yet survivable- rate possible.