The theory of a new pandemic as a cover for the end of oil gains trinc
A school of analysis holds that the official narrative about a new bicho outbreak is designed to divert attention from the imminent peak of oil. The idea, circulating widely in skeptical circles, is backed by massive media coverage and polls already showing 60% of the population in favor of a quarantine. The question is whether the health threat is real or a pretext to manage an energy crisis that no government wants to acknowledge.
Bicho as the perfect excuse
The mechanics would be simple: flood the press with alarming news about a bicho — in this case, bicho — to create the necessary climate of opinion. With three out of five citizens already in favor of lockdown, according to the figures being cited, declaring a new quarantine would be a matter of time. The irony is that the same playbook was rehearsed in 2020.
The elephant in the room: peak oil
While the spotlight is on the pandemic, the real problem would be the depletion of cheap oil reserves. The peak oil thesis — championed by technical voices and buried by the media — points to the fact that global production can no longer grow at the pace of demand. Against this, some counter that Venezuela still has crude for 500 years, forgetting that reserves are not synonymous with production. The debate over the reality of peak oil remains open, but the urgency of the energy transition makes it increasingly uncomfortable for governments.
Inflation and lockdown: the perfect storm
Those predicting a new lockdown link it directly to runaway inflation. The combination of economic standstill and money printing to sustain consumption, coupled with fuel shortages, would paint an unprecedented stagflation scenario. The historical reference to the dancing plague of 1518 — a collective hysteria that was also interpreted as manipulation — serves as a warning about how crises can be engineered.
With the debate entrenched between those who deny peak oil and those who see a conspiracy, the truth is that the price of crude keeps setting the global agenda. Meanwhile, the supposed new pandemic advances in the headlines. Coincidence or not, the timing is suspicious.
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