Debt Rattle March 13 2019

 

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    Pablo Picasso Les Demoiselles d’Avignon 1907   • Global Debt Up 50% Over Past Decade, But S&P Says Next Crisis Not As Bad (CNBC) • Theresa May’s
    [See the full post at: Debt Rattle March 13 2019]

    #45953
    John Day
    Participant

    http://www.johndayblog.com/2019/03/losing-war-games.html
    Hey, LOOK, Mexico has a Good President! (“Me canso ganso”)
    Mexican President Andres Manuel Lopez Obrador’s first 100 days in office have combined a compulsive shedding of presidential trappings with a dizzying array of policy initiatives, and a series of missteps haven’t even dented his soaring approval ratings.
    Lopez Obrador has answered more questions from the press, flown in more economy-class flights, posed for more selfies with admiring citizens and visited more genuinely risky areas with little or no security than several combined decades of his predecessors. He’s also surprised many by maintaining a cordial relationship with U.S. President Donald Trump, helping contain Central American migrant caravans while resisting U.S. efforts to oust the leftist government of Venezuela.
    https://apnews.com/e94737e30a5a49589fa9b5159070fdbf

    Venezuela is getting electricity back to places little by little.
    President Nicolas Maduro gave a televised address on Tuesday evening, offering more details about the alleged attack against the country’s electrical infrastructure. According to Maduro, both the computerized system in the Guri Dam, on Thursday afternoon, and the central electrical “brain” in Caracas, on Saturday morning, suffered cyber attacks, while recovery was delayed by physical attacks against transmission lines and electrical substations.​..
    Self-proclaimed “Interim President” Juan Guaido has blamed the electricity crisis on government mismanagement and corruption, dismissing the government’s cyber attack thesis on the grounds that the system is analog, and attributing the national outage to a lack of qualified personnel needed to reactivate the grid. However, these claims have been called into questionby people with knowledge of the system.
    https://venezuelanalysis.com/news/14377

    China says it is ready to help Venezuela to restore its power grid. The South American country suffered a five-day blackout, with Caracas accusing Washington of cyber “sabotage.”
    Foreign Ministry spokesman Lu Kang said Beijing had noted reports that the power grid had gone down due to a hacking attack.
    “China is deeply concerned about this,” Lu said, adding that Beijing “hopes that the Venezuelan side can discover the reason for this issue as soon as possible and resume normal power supply and social order.
    https://www.rt.com/business/453697-china-venezuela-electricity-help/

    She has advanced Media Gladiator Skills already. Where will she go in the power structure? Where will the power structure go?
    On the issue of Wells Fargo’s relationship with the private prison industry and the Trump administration’s child detention policy, Ocasio-Cortez asked sharply: “Mr. Sloan, why was the bank involved in the caging of children?” https://www.commondreams.org/news/2019/03/12/watch-ocasio-cortez-grills-wells-fargo-ceo-over-profiting-caging-children-and

    #45954
    NooBoob
    Participant

    Congrats on your great work lately

    How Vertebrate Species Are Turning Into Chemically Feminized Morons.

    Of the 345 million tonnes of chemicals consumed in the European Union, 62% posed a health hazard including, formaldehyde in shampoo, microbeads in toothpaste, phthalates in food packaging, and flame retardants in many household goods.

    Chemical use will grow 7X faster than population between 1990 and 2030.

    Global chemical production has almost doubled since 2000.

    By 2030, the industry will almost double again from 2017 levels.

    China to account for 49.9% of 2030 world market.

    https://www.theguardian.com/environment/2019/mar/12/surge-in-chemical-use-a-threat-to-health-and-environment

    Male Penises Shrinking ☆ All Vertebrate Males Turning Female ☆ No Sperm 2060

    Ecological Policy Failure = Humanity’s Greatest Mistake

    #45955
    zerosum
    Participant

    If everything goes bad
    Who are you going to blame?
    The smartest financial bankers and analyst in the world who have been lending money to teens who have
    1) no source of income,
    2) have not heard of the 7/10 rule of compound interest
    3) Love to spend money they don’t have
    4) have raging hormones
    5) need to use brain enhancing substances
    6) etc

    The greedy bankers ….

    The dumb teens ….

    Yourself/the ignorant adult ….

    https://www.zerohedge.com/news/2019-03-12/millennials-are-more-trillion-dollars-debt-and-most-them-dont-even-own-home

    #45956
    Doc Robinson
    Participant

    Some interesting details about the Brexit process, from an article that’s almost three years old.

    The process is designed to give the EU the upper hand over the departing state, according to Andrew Duff, a former Liberal Democrat MEP, who helped devise article 50. “We could not allow a seceding state to spin things out for too long. The clause puts most of the cards in the hands of those that stay in.”

    The full scale of the task facing Whitehall will become clear. The UK will have to renegotiate 80,000 pages of EU agreements, deciding those to be kept in UK law and those to jettison. British officials have said privately that nobody knows how long this would take, but some ministers say it would clog up parliament for years.

    As has been wryly noted already, there is only one precedent to refer to here. Greenland left the EU in 1985 after two years of negotiation. It has a population of 55,000, and only one product: fish.

    https://www.theguardian.com/politics/2016/jun/25/article-50-brexit-debate-britain-eu

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