Debt Rattle April 2 2018

 

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  • #39757

    John La Farge Girls Carrying a Canoe, Vaiala in Samoa 1891   • China Announces New Tariffs On 128 US Products (CNBC) • The Real Bubble (ZH) • Cry
    [See the full post at: Debt Rattle April 2 2018]

    #39758
    V. Arnold
    Participant

    Woulda, shoulda, Coulda; but we didn’t and we won’t.

    #39759
    Nassim
    Participant

    All I can say is that I am glad to have moved to Cairns

    #39760
    SteveB
    Participant

    “Should we instead ask why we don’t?”

    All the same reasons that Johnstone points to in her piece. It’s all enabled and promoted–if not ensured–by our cultural belief in the concept of exchange.

    #39762
    zerosum
    Participant

    Summary (Yes, in case you didn’t notice, I’ve said these things before)
    I have been reading and commenting on this blog since it started.
    I learned how our social/economic system operates and why those systems can and do collapsed.
    Now, except for details, I feel that we are all on the same page and agree on most things

    Nothing stays the same. Change is in the air.

    Yesterday is gone
    Tomorrow is here.

    Are we any different than Don Quixote with our comments on the blogs?

    Did we make a difference with our comments?
    Why do we keep making comment?
    We are not changing the system.

    We are not changing anybody’s opinions.
    Why do we keep doing it? Why do we keep crying wolf?

    There has always been writers, (since before Jesus), warning the populations of impending doom.
    Lot’s wife… gone-middle east civilizations ..gone-.new world civilizations … etc.

    Yet … I’m here, you are here. We are the children of survivors.

    Fact Check with a grain of salt

    (Propaganda, false news, lies, exaggeration, dramatization, brainwashing. indoctrination, disinformation)

    Are we prophets? Are we fact checkers? It doesn’t matter. The elites are not listening.
    I say,” Put away your ego,
    We are invisible and irrelevant.”

    1. Every month 15-20,000 young Greeks leave Greece.

    2. A huge caravan of over 1,500 refugees are heading to the southern border of the USA.

    3. Close to 700,000 Rohingya refugees have fled to neighboring Bangladesh since last August

    4. The Government of Canada resettled more than 25,000 Syrian refugees between November 4, 2015 and February 29, 2016. Our commitment to resettling Syrian refugees to Canada continues in 2017. Welcomed in Canada

    40,081 Syrian refugees have arrived in Canada since November 4, 2015
    Data as of January 29, 2017
    https://www.canada.ca/en/immigration-refugees-citizenship/services/refugees/welcome-syrian-refugees/key-figures.html

    Millions of people are on the move,
    millions are trying to find a place to survive,
    millions are leaving their ancestral homes.
    Millions are dying.

    https://www.zerohedge.com/news/2018-04-01/peak-fragility-why-middle-east-doomed

    Authored by “Ehsani” – a Middle East expert, Syrian-American banker and financial analyst who visits the region frequently and writes for the influential geopolitical analysis blog, Syria Comment.

    Are we good non-elites?
    http://www.yourarticlelibrary.com/sociology/paretos-circulation-of-elites-characteristics-and-criticisms/43779

    ( 5. The members of the elite class will always try that the non- elites should not influence social, economic and political processes in any manner.)

    Will our gran-kids survive?
    Why is it important for them to survive?
    Why would anyone want to survive and be in pain with no access to pain killer?

    Someone who is qualified, needs to nominate Kim Jong Un for the Nobel Peace Prize. The USA should be ignored because ….

    “It’s one of those stories of the century that somehow never gets treated that way. For an astounding 25 of the past 26 years, the United States has been the leading arms dealer on the planet, at some moments in near monopolistic fashion”

    https://www.nakedcapitalism.com/2018/04/us-arms-machine-wars-r-us.html

    By William D. Hartung, the director of the Arms and Security Project at the Center for International Policy and the author of “Trends in Major U.S. Arms Sales in 2017: A Comparison of the Obama and Trump Administrations,” Security Assistance Monitor, March 2018. Originally published at TomDispatch
    ====
    I don’t know why I persist with my endeavors

    #39763
    Dr. D
    Participant

    I was going to post that Bitcoin chart. Fascinating, isn’t it? Is it truly scaled, or as I suspect, wedged in to look similar as the drop was far greater? In any case, the SNB shows what China, the U.S. and Japan already know: the sure road the wealth is to print phony digits and buy real goods. They can even drive the price up (or down) with their own bidding! I mean, amazing no one catches on, but even if the Franc went to $0.01 you’re still getting something for nothing. How is that wrong? And how do we tolerate it, ’cause I don’t. Are they mad?

    Although we’re still near 24,000, it’s about time this market fell. Crikey.

    Ehsani needs to brush up on his “Confessions of an Economic Hitman.” None of this is by accident, and the ultimate, universal destruction of subsidies and “socialism” is well-known for 150 years. If Egypt stopped what they were doing and became a viable, productive threat, they’d bomb them into the state of Iraq, Syria, and Libya. Point taken. So point that flashlight at the monsters, will ya?

    I have great tolerance and restraint for scientific opinion, but the earth has been wildly warmer than 2c many times according to 100% of their own records. Antarctica had forests. The planet regulated itself and nothing happened. So why this time?

    What if I said “if water cools and freezes to white it will cause a runaway chain reaction of solar reflectivity”? You’d say, “That’s winter. It happens every year and warms again.”

    Same thing with Ice Ages and the interglacial warming periods. I can’t help but say this is really, really bad science. I can’t say something will *never* happen, but they’re falsifying their own argument in 10 words or less there. If you want to shut down worldwide carbon usage by raising taxes on the world’s poorest using a one-government taxing authority which will kill billions, you’ve got to give me more than that today is different from the entire scientific body of previous evidence, or “this time it’s different.”

    …Especially when the same people joyfully bomb millions daily and won’t lift a finger about the environment anywhere else. They only care when dollar signs are involved, and look: there’s one now.

    #39764
    anticlimactic
    Participant

    CLIMATE CHANGE

    Don’t worry folks, the ‘greenhouse effect’ doesn’t exist! It is easy to show :

    Take the Sahara desert – the temperature can change by 40C in a day, a round trip of 80C in a 24 hour period! Absolutely no sign of a ‘greenhouse effect’.

    By contrast Brazil, a comparable distance from the equator, only changes a few degrees during a whole day. The only difference is the amount of water vapour whose effect is so huge everything else is miniscule by comparison.

    Clouds act as an insulator – reflecting sunlight during the day and preventing warming, and trapping heat overnight preventing cooling.

    Worried about methane? Don’t be. It has the same absorption as water vapour so any effect is drowned out. Also it is highly flammable so is unlikely to last in the atmosphere for any length of time.

    Worried the oceans can’t absorb enough CO2? Don’t be. At higher levels it reacts with the chemicals in seawater to form insoluble carbonates which sink to the seabed. There is no limit.

    Worried the land can’t absorb enough CO2. Don’t be. CO2 is an essential part of plant growth – the more CO2 the better plants grow.

    What to worry about : global cooling. Global temperatures are expected to be fairly flat until 2035 when cooling is expected, possibly quite severe.

    The bronze age warm period [Greek civilisation flourished] was warmer than the Roman warm period [Roman empire flourished] , which was warmer than the medieval warm period [European population flourished], which was warmer than our current warm period. A sequence of lower highs suggests the next downturn in global temperature could be more severe than the Little Ice Age, when a significant proportion of the European population died.

    Finally, I must point out that humans produce only 3.5% of the annual CO2, so even cutting annual levels of CO2 by 1% would have a massive effect on quality of life. Don’t expect renewables to save us – it is just a scam. If it needs a subsidy it is not ‘renewable’.

    #39765
    SteveB
    Participant

    You’re posing the ‘wrong’ question, Dr. D. It’s not “why this time?”, it’s “why so quickly this time?”.

    #39766
    bluebird
    Participant

    zerosum said “I don’t know why I persist with my endeavors”.
    Because it matters, it is important, and we can’t un-know what is coming.

    #39767
    zerosum
    Participant

    Hi bluebird!
    I’m sure that you have noticed how many time and the may different ways that the same messages are repeated at https://market-ticker.org/akcs-www?forum=Market-Ticker

    Yet
    Karl cannot change the system.
    and
    I know that my influence is even less effective.

    #39768
    Doc Robinson
    Participant

    Individually we cannot change the system. And we obviously can’t really “get away from it all”, not with radioactivity in the wind, mercury in the rain, and plastic (and other accumulating pollutants) in the seas… So, what to do with this life during our sojourn?

    I think of our society (or body politic) as being like an ameoba, with individual people being like the molecules of protoplasm within its membrane. The direction the amoeba takes us depends on the overall effect of the churning protoplasm. We can individually be passive, and get pulled along regardless of our preferences. Or we can attempt to go in a certain direction, and if enough other individuals also attempt to go in the same direction, then that’s the way we’ll go. We’ll never know if we could make enough difference to change direction unless we are actually trying. If the direction doesn’t change today, keep trying, perhaps enough individuals will be trying tomorrow.

    “While several hypotheses have been proposed to explain the mechanism of amoeboid movement, the exact mechanism is still unknown… Locomotion of an amoeba is thought to occur due to the sol-gel conversion of the protoplasm within its cell… Inside the amoeba, there are proteins that can be activated to convert the gel into the more liquid sol state.” –Wikipedia

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