Steve St. Angelo: There Won’t Be Enough Energy for the Elite’s Great Reset & Metaverse
Geopolitics & Empire
Geopolitics & Empire
4.2 • 570 Ratings
🗓️ 1 December 2021
⏱️ 56 minutes
🧾️ Download transcript
Summary
Steve St. Angelo of the SRSrocco Report returns to continue our conversation on how the world is going off the Energy Cliff and how we are never going back to normal. We are seeing the peak and decline of this global hi-tech complex economy. He believes the elite are powerless to stop the falling Energy Return On Investment (EROI) and that a lot of their wealth is going to be wiped out, just as in past history (e.g. late Bronze Age). He sees us hitting the energy peak at 2025 and the likelihood of military conflicts as a consequence. Russia is looking to the Arctic and China is in serious trouble. We don’t have enough energy to make the transition to the Green Economy and therefore things like the metaverse, cryptocurrencies, and EVs won’t be possible at scale due to the lack of energy and an electric grid already at capacity. This would make maintaining a global digital technocracy difficult.
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Show Notes
A Forest Journey: The Role of Wood in the Development of Civilization https://www.amazon.com/Forest-Journey-Role-Development-Civilization/dp/0393026671
Website
SRSrocco Report https://srsroccoreport.com
YouTube https://www.youtube.com/c/SRSroccoReport
Twitter https://www.twitter.com/SRSroccoReport
About Steve St. Angelo
Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.
Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.
You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.
*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
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| 0:00.0 | The Geopolitics and Empire podcast is joined once again by Steve St. Angelo, who publishes |
| 0:05.9 | the amazing SRS-Rocco report. We'll be discussing energy, collapse, and the economy. |
| 0:11.5 | Hello, Steve. It's been a year since we last spoke. How is life? |
| 0:15.9 | We're doing great. Yeah, lots happen. You know, it's like we're in this crazy dynamic now of rapidly, rapidly changing environment. And so I think the idea that we're going to go back to, you know, when we're going to go back to normal, I think that's never going to happen. And so I think we're in a whole different world and how we understand what's in front of us. |
| 0:39.8 | That's the best thing to do is to try to understand what is in front of us. |
| 0:45.2 | Yeah, I would agree with you. |
| 0:45.9 | Things are really accelerating on a weekly basis, on a daily basis, almost with the things that are happening. |
| 0:53.5 | And from what I can tell, there are few out there doing the work that you are doing with the things that are happening. And from what I can tell, there are few |
| 0:55.7 | out there doing the work that you are doing with the big picture focus that you have on the |
| 1:00.4 | energy cliff and the falling energy return on investment, EROI. And we've got we've got people talking |
| 1:06.9 | about global warming and climate change, which I personally think is completely off the mark, |
| 1:11.0 | but you say that we've extracted all the cheap energy. And so now we're hitting the energy cliff. |
| 1:16.2 | And people can go back to our previous discussion for a more in-depth background, but it would be |
| 1:21.3 | great if you can sort of re-sumorize the current collapse of civilization we're going through, |
| 1:26.7 | which is due to the energy |
| 1:28.2 | cliff and the falling return on investment, especially for some of our newer listeners. |
| 1:35.8 | Well, thanks, every way. |
| 1:37.7 | About six months ago, I came across a book. |
| 1:43.0 | It was fascinating about how much wood was consumed during the early civilizations. |
| 1:50.3 | And I always knew it was the falling energy return on investment that was one of the leading factors. |
| 1:56.1 | That was the peak of like, let's say, the late Bronze Age and the ancient Roman Empire. And I knew it was the peak of like, let's say, the late Bronze Age and the ancient Roman Empire. |
| 2:04.0 | And I knew it was the energy return on investment. |
... |
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