Doomberg: Deep Energy Scarcity is Causing War, Inflation, & Social Unrest
Geopolitics & Empire
Geopolitics & Empire
4.2 • 568 Ratings
🗓️ 27 August 2022
⏱️ 55 minutes
🧾️ Download transcript
Summary
Doomberg explains how deep energy scarcity is the root of the chaos we’re witnessing today: war, inflation, currency collapse, food riots, social unrest, etc. Oil and gas are on the decline. The resolution of the Western European energy crisis ahead of the winter of 2022-23 is the single biggest geopolitical event in our lifetimes. The EU and Euro are on the edge of fragmentation. We’re going from a unipolar to a multipolar world which is the biggest trend that is unfolding. Crypto is largely a grift, Bitcoin is just a piece of software, and Doomberg also fears an inescapable CBDC cashless society which would be the end of personal freedom and totalitarianism. The solution isn’t a new currency, it’s a new government!
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Websites
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About Doomberg
Doomberg started writing in May of 2021 to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack.
This publication and content is borne out of the team’s deep experience in heavy industry, private equity, and the hard sciences. Family offices and c-suite executives hire Doomberg to deliver innovative thinking and clarity to complex problems – Doomberg operates as though subscribers share those same expectations.
*Podcast intro music is from the song “The Queens Jig” by “Musicke & Mirth” from their album “Music for Two Lyra Viols”: http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Geopolitics and Empire is joined by Chicken Little, better known as Dumburg, of Doomburg.substack.com, |
| 0:06.7 | and on Twitter as at Dunebergt. |
| 0:09.7 | Welcome to Geopolitics and Empire, Mr. Chicken Little, Duneberg. |
| 0:13.3 | Yes, thank you so much. It's great to be here. |
| 0:15.5 | So I was following Duneberg on Twitter early on when your egg hatched and you were let out of the chicken coop. |
| 0:23.1 | And because of your excellent commentary and observations, your Twitter account seemed to have it exploded, as did your substack, which I think you rightfully switched from free to paid not too long ago. |
| 0:36.1 | And maybe if you could for the G&E audience, tell us a little bit |
| 0:40.0 | about how Mr. Chicken Little or Duneberg came about. And, you know, how many of y'all are there? |
| 0:47.3 | Yeah, we're a very small team, just a few of us. And we, prior to Duneberg, ran a sort of bespoke |
| 0:53.1 | consulting firm. And our clientele was focused |
| 0:56.1 | mostly on sort of C-suite executives at publicly traded companies and wealthy family offices. |
| 1:01.4 | We come from the commodity sector, former executives in various finance and technology roles. |
| 1:09.3 | And, you know, we had a good consulting business that we had launched, I guess, almost just several |
| 1:13.5 | years ago now. |
| 1:14.5 | But then COVID hit. |
| 1:15.6 | And like everybody else, you know, took a big chunk out of our business. |
| 1:20.2 | And publicly traded companies at the depth of the COVID crisis were cutting costs as |
| 1:24.7 | quickly as they could. |
| 1:25.4 | And consulting is a comparatively easy variable cost |
| 1:29.0 | to turn off. And so we lost a fair bit of business and had to reinvent ourselves. And |
| 1:34.1 | with the advice of a pretty famous hedge fund manager that we knew, suggested that maybe we'd |
| 1:40.0 | take a look at helping people who create content and sell it into Wall Street, maybe help |
... |
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