Debt Rattle April 18 2023

 

Home Forums The Automatic Earth Forum Debt Rattle April 18 2023

Viewing 40 posts - 1 through 40 (of 64 total)
  • Author
    Posts
  • #133664

    Vincent van Gogh Scène de rue à Montmartre 1887   • Leaks Spelling the End for Ukraine (Lauria) • Poland Needs Ukraine As Anti-Russian Toolkit –
    [See the full post at: Debt Rattle April 18 2023]

    #133668
    Formerly T-Bear
    Participant

    WES @ #133645

    Debt Rattle April 17 2023

    Interesting summary you have written. Abandoning the dollar, as desirable as it may be, will create greater problems than it solves. Mainly in assessing the value of commodities and labour. The dollar standard has replaced the gold standard for quite some time, all commodities and labour are now denominated in dollars, destroy the dollar there is no other item to take its place in economic history. The basket of commodities has been in discussion for quite some time also but no universally satisfactory method of determination has been arrived at yet that accounts for everything involved. The replacement of the dollar will increase rather than decrease the problem.
    It may be that the dollar remain the value yardstick until this problem is resolved. All currencies can be measured against the dollar, making easy the relationship between any currency with another. In addition, market agreement on value of any commodity or labour will set the dollar value, not the machinations of the printer of the dollar who becomes insnared in the marked determination and has no easy exchange mechanism to escape the market’s value using dollars as the yard/meter stick.
    YMMV

    #133669
    Formerly T-Bear
    Participant

    WES @ #133645

    Interesting summary you have written. Abandoning the dollar, as desirable as it may be, will create greater problems than it solves. Mainly in assessing the value of commodities and labour. The dollar standard has replaced the gold standard for quite some time, all commodities and labour are now denominated in dollars, destroy the dollar there is no other item to take its place in economic history. The basket of commodities has been in discussion for quite some time also but no universally satisfactory method of determination has been arrived at yet that accounts for everything involved. The replacement of the dollar will increase rather than decrease the problem.
    It may be that the dollar remain the value yardstick until this problem is resolved. All currencies can be measured against the dollar, making easy the relationship between any currency with another. In addition, market agreement on value of any commodity or labour will set the dollar value, not the machinations of the printer of the dollar who becomes insnared in the marked determination and has no easy exchange mechanism to escape the market’s value using dollars as the yard/meter stick.
    YMMV

    Addendum: Attempted to provide a direct link to comment. My bad.

    #133670
    Dr D Rich
    Participant

    “…Rochelle Walensky, in her very important role as a national public health officer, has tripped over the line from insane to evil.”
    -Kunstler

    …he just now noticed.
    God help us as we await The Important People’s personal journey of self-discovery on all matters of importance.

    Also Snow white, Superman, Pinocchio and Fauci joke. I’m approaching the 40th anniversary of this very same observation about Tone Fauci

    #133671
    Just Some Randomer
    Participant

    “…..all commodities and labour are now denominated in dollars, destroy the dollar there is no other item to take its place in economic history.”

    Pretty sure global trade was conducted satisfactorily and on a massive scale prior to Bretton Woods. For thousands of years in fact.

    In terms of more recent history, on 31 December 1998 no transactions in the EU were denominated and valued in EUR and then the next day, they all were. Overnight. One can argue about the structural failings inherent in the design of the Euro system, but nevertheless it is demonstrably possible to change the basic unit of currency used for trade within and between countries very quickly if necessary.

    #133672
    Red
    Participant

    CBC gets over one billion in Canadian dollars but says it isn’t government funded? Well after all it’s just a definition problem isn’t it? From Wiki:
    Management
    As a crown corporation, the CBC operates at arm’s length (autonomously) from the government in its day-to-day business. The corporation is governed by the Broadcasting Act[53] of 1991, under a board of directors and is directly responsible to Parliament through the Department of Canadian Heritage. General management of the organization is in the hands of a president, who is appointed by the Governor General of Canada in Council, on the advice of the Prime Minister.

    According to The Hill Times, a clause in Bill C-60—an omnibus budget implementation bill introduced by the government of Stephen Harper in 2013—”appears to contradict a longstanding arm’s-length relationship between the independent CBC and any government in power”.[55][56] The clause allows the “prime minister’s cabinet to approve salaries, working conditions and collective bargaining positions for the CBC”.[55]

    Does that look arms length to you?

    From 2014 in the Huff Post:
    The Harper government is quietly seizing greater control of the Canadian Broadcasting Corporation, while a public advocacy group accuses the Tories of stacking the CBC’s board with political allies.

    Bill C-60, the Tories’ budget implementation bill, includes a clause that allows the prime minister’s cabinet to approve salaries, working conditions and collective bargaining positions for the CBC, The Hill Times reports.

    https://www.huffpost.com/archive/ca/entry/bill-c-60-tories-quietly-taking-control-of-cbc-group-alleges_n_3187821

    #133673
    Dr. D
    Participant

    France: there are no protests. See? Fixed it. And if they do exist it’s all your fault.

    “The Western press has turned 180 degrees and now easily cooperates with the Russians…”

    What the actual? This is a mindset so alien I’m having trouble following it. “Cooperates” by landing there in an airplane and reporting a story? What were they supposed to do? A story that only might be seen as good by some people? Have you ever heard “it’s an ill wind indeed that blows nobody any good”? Yes, the Pinochet dictatorship probably had nice beaches and made great sopas too.

    So when you talk like this, YOU are the maniac. You’re the disturbed, mentally-ill one and I start to look at YOU.

    ““And when the border will be erased and the rest of Ukraine will be absorbed by Warsaw,”

    Maybe, but then NATO gets closer to Moscow again. NATO fails, Poland leaves, or Russia takes out to the border as their security zone. I mean, it’s already empty.

    “..Russia is using GPS jamming to interfere with the weapons’ targeting process..”

    There’s nothing Americans like more than failure. In this case, “single points of failure”. I used to bring this up constantly, but having backups at work is “inefficient”, and “costs money.” More to the point, if they collapse in the same way all the other managers collapse, they will all say together “Nobody could have knowd!”. Nobody could have known that having one orange extension cord, looped over the telephone pole, out in the rain running the whole place might lead to problems and lasting shutdowns someday because…reasons. If we’re all equally crazy together…

    Yeah, if you’re all equally crazy together, the laws of thermodynamics still exist, widgets aren’t made, nothing is sold, and a thing called “time” still exists, which carries your rent date. Good luck with that. On the opposite end, building a little better creates “value” as each item that lasts costs a little less, does a little more, sells a little better, but making everyone happier requires “capital investment” which is “capitalism” and we don’t do that. We mine capitalism until the machines fail, then go put up a tent in the parking lot and rob hobos for money.

    Single point of failure. Don’t know the last time I saw resiliency and redundancy, ‘cause when something breaks I BLAME somebody. It’s not my fault!

    Everyone else says, “I don’t fix things, I BLAME people too! Brother! Sister! Comrade!”

    There’s nothing Comrades hate more than working people.

    “Multipolarity Is About A Fair Redistribution Of Power (Sibal) “

    All you need to know about why they’re against it. Those brown people, they aren’t the “Very Special People” who live in a “Garden” like us. They need our Very Special Help and they’ll never survive without Mommy; if you want to know which mental illness this is.

    “The Nord Stream 2 gas pipeline has been blown up to end Germany’s reliance on Russian gas.”

    Might want to try again as NS2 was never on, and Germany still “relies” on Russia. They can hold their breath and turn blue but it didn’t change anything. No gas is coming from America and it never will.

    “It’s All Hotting Up (Macleod) “

    All true and yet nothing ever happens. Markets are similar to 1994, 2001, 2014, and 2022.

    “The Russian nation, the centre of a vast empire spanning Eurasia.”

    Um. I already say “whut” and would like more explanation on this point. Are Siberian shamans independent nations that are in servitude right now? Maybe Archangel is an independent city-state like Monaco?

    Yet he says although this state exists already, Putin is trying to resurrect it on TOP of itself. So we’ll have cloned Empires, occupying the same location of time and space? Someone broke in and replaced everything in my apartment with an exact duplicate? Yes, if you want to know which mental illness this is.

    Continue with tropes about Putin’s dictatorship, he wasn’t elected, has no power base, no one supports him…yawn.

    • Pentagon Doesn’t Know How Many Documents Were Leaked – Spokeswoman (RT)
    “Jack Teixeira, was arrested by the FBI on Thursday after the New York Times published his identity.”

    The FBI? I’m sorry, isn’t that Military Police with a military man with military documents? But he was arrested by the office of the President? By the DoJ and the DoJ’s FBI, the most corrupt branch of government we’ve become aware of? NOT because of Pentagon, but because of a “Hot tip” by a private citizen, the NYT? The NY Times who finds or even encourages leaks to report to the people and tell truth to government because “Democracy dies in Darkness”? (they hope.)

    They didn’t know they were missing but want to stop it again. Every 21 year old private has access to Top Secret and far above Top Secret intel, but they’re “Very serious, mister!”

    Uh-huh. Go on. I would stop you for the world.

    “China’s hypersonic glide missiles defeat our aircraft carriers and missile defense systems”

    Yes and we all told them that 30 years ago. So you want to explain a little? Just like we all told them about “that giant sucking sound” that would hollow the United States, halt steel production and eventually make us too weak to produce artillery shells? Yes. WE TOLD YOU. But you see, because you knew, we all knew, the only explanation is, you knew too and YOU LIKED IT. It was all part of “The Plan”. When the U.S. LOSES to China, starting in NoKo, oopsie! We have to give up that Constitution thingie and all your guns! “Did I do that?” — Hillary Clinton. We lost because we are SUPPOSED to lose. That’s the long-agreed “narrative”. That’s “The Plan”. If the U.S. is still around, how are you going to have a ONE world government? Run by the UN out of Davos? Even as occupied as we are, if the U.S. has anything like power, we couldn’t help but clash with the UN’s WEF Agenda 2030 Euro-Government. Therefore the U.S. must be destroyed and made third world. This ain’t rocket science, they just try to MAKE it confusing with a blizzard of lies.

    Canadian Broadcasting Corporation (CBC) [quits Twitter]”

    Huh? Like the BBC, they’re literally state media. They may be good or bad, but that’s merely a fact. That they want to die on the hill of denying objective facts this tiny really tells you how deep into lying they are.

    Labeling is literally the SMALLEST action possible is the whole universe. And they go rabid-bat-s—t-nuclear over it. The Right should take a lesson from this about “values” and “Compromise” but they never will because they’re reasonable people with common sense.

    G7 Members Seek To Push Moscow Out Of Nuclear Energy Market (RT)

    I don’t know. After the Sanctions of Steven Seagal, what’s left?

    “cut their reliance on Russian uranium by turning to Kazakhstan for supplies”

    But the guy above said Kazakhstan was the “Russian Empire.” Can’t anyone get their story straight?

    Kunstler reminded me of this quote today:

    “Upton Sinclair, a miserable Leftist himself, said, “It is difficult to get a man to understand something when his salary depends upon his not understanding it.” He sniffed around the problem, but didn’t realize that the same problem existed with his beloved Leftism, but his book sales depended on him not understanding that.”

    Speaking of that, The Bud Light controversy burns unabated. Bud Light was not only attacking women, not only paying not women but men, but also specifically targeting children in advertising as Dylan’s whole audience is people under the drinking age, which is what the (female) Ad executive specifically said. Stay classy, Busch! Never stop. Anyway, so Don Jr tells the adoring Trump cult to knock it off, Busch is a huge donor, so accept the insulting non-apology that only illustrates they think you’re a moron, have no respect for you, and actually fear the 1% of fire-bombing, 9-year-old-killing Trans Mob more.

    The Trump cult told Trump to go f— himself. Some cult! Yet again. Same as with vaccines and everything else. It’s almost like they’re not a cult and won’t do anything he asks. How can you HAVE a cult with no center, no “Source” of knowledge down-from-the-mountain?

    So A-B, in good style, creates a “F—k yeah, 9-11” ad that’s supposed to…what? …Yes, again, work because all American people are redneck morons who are beneath contempt. They’ll drink and swallow anything! …If you want to know what mental illness A-B has. This is the patriotic version of Gillette’s (failed) attempt at recovery after saying “F– you, all men are hateful, racist bigots who should be rounded up and shot against the wall when the revolution comes”, where they put out an “Apology” ad made of Blonde, Blue-eyed, Nazi poster-models. Um…whut? No. No, Gillette I THINK YOU MISSED THE POINT. THEY thought that all America was a racist, bigoted, Nazi culture and THAT is what they got wrong. No. That’s if anything more insulting than the original “Of course all real women have beards and shave their face, you’re-just-crazy” ad.

    I can’t believe I have to use words on this, but here we are.

    Yeah, no one liked the “Dylan is a gay Clydesdale, 9-11, 9-11” ad, and nobody listens to Trump or Trump Jr. “Clue phone: it’s for you.”

    Like other politicians, if Trump does what they say, he gets votes. If not, he gets the boot. Was it supposed to be something else? Get a grip.

    “We’re Going to See a Lot of Bankruptcies’: Former Home Depot CEO (ET)”

    Yet nothing ever happens. For example, Fund-owned commercial RE reporting is coming in. All bad. Bank HQs, being relisted at ½ to 1/3 of the original ask. No buyers. All NYC is vacant, no tenants. Crime up 50%. Nothing happens. 1 in 10 cars are being stolen in Chicago while kids roam the streets by the 100’s smashing things. The DNC Mayor hears about it and says “We can’t be racist against Black kids, we have to let them smash!” Mayor? Who said they were Black? Did they have to be black? Why do YOU think they had to be Black? We never used the word “Black” and were actually talking about the “Smashing” part.

    Nothing happens.

    “Cost of British Food Basics Increases by Up to 80% In a Year (G.)

    All the food you need is in Kiev. They have eggs and wheat, no problem. Plus we pay for their pensions, free health care, public transit….

    “Khoisan”

    They look healthy enough to be in the military. So what are they and the Amish doing that the rest of America isn’t? If we know, as we did in 1940, why don’t we spend a sub-1% of our budget promoting child nutrition and child activity and health? Is it because we’re supposed to lose? As arranged probably before 1990?

    “Farming looks mighty easy when your plow is a pencil and you’re a thousand miles from the corn field.” –Eisenhower

    Or battle when you’ve sharpened pencils and snorted glue at Yale. I hear the highest glue parties are in Kiev right now.

    #133674
    Oroboros
    Participant

    “….if they all joined, the expanded BRICS would have a nominal GDP 30% larger than the United States, represent over 50% of the world population, and control over 60% of global gas reserves.”

    If this is so, how then do you think 50% of the globe will still want to use the Control Grid of the Dollar to Dominate their trade and economies?

    BRICS will accelerate de-dollarization

    Can’t have it both ways

    #133675
    Dr D Rich
    Participant

    Come on Dr. D….you know the difference between Da Guard and Active Duty.

    Again…this kid did NOT possess the requisite NEED TO KNOW.

    #133676
    aspnaz
    Participant

    A Washington Post headline last week was a bombshell for someone who has only been reading about the Ukraine war in The Washington Post and other Western media

    It is sad that a large chunk of humanity still clings to the apron strings of shit bags like Bezos. It is as if the world is full of three completely different sub-species: the billionaires, their mentally retarded slaves and then there are the people who look at the billionaires and their mentally retarded slaves and wish for the day that they will become extinct. You know which group you are in.

    #133677
    aspnaz
    Participant

    Putin aims to resuscitate the USSR geographically, but what is less obvious is that he has also been replicating its failed economy.

    Written by one of the mentally retarded slaves. When will these people realise that trying to persuade us that left is right and right is left does not change the reality that right is right and left is left. All it does is to make us realise that the author is a moron being incentivised to write an article that tells us he is a moron. Why do they do this? Because they are mentally retarded, the author is the sort of mental retard that the billionaires like to hire, just look at the WEF lineup of politicians: straight out of the asylum.

    #133678
    aspnaz
    Participant

    “Now people know that it is [Canadian PM Justin] Trudeau propaganda, not news.”

    If they didn’t already know that by now then this won’t change anything: Once retarded, always retarded.

    #133679
    Henry
    Participant

    For this article, when I refer to Eurocurrency, I’m not referring to the Euro(€). Since 1950 bank accounts that were denominated in a foreign currency had “euro” attached to the front of their names, for example:

    • Offshore Dollar = “Eurodollar”
    • Offshore Guilder = “Euroguilder”
    • Offshore Yen = “Euroyen”
    • Offshore Euro = “Euroeuro”

    Since a currency is only valid within its legal jurisdiction, the euro/offshore versions are just claims on the original. Therefore, Eurodollars are not dollars; they are just claims on dollars.

    The US Dollar has NEVER been the global reserve currency. From about 1950, the Eurodollar has expanded to become the actual reserve currency, and the US Dollar just happens to be “pegged” to the Eurodollar.

    The Eurocurrency system is now the focal point of the international market for short-term and intermediate-term credits. It carries out the following primary functions:

    • Clearing for international payments
    • Hedging forward against exchange risk
    • Commercial banks in each country accept deposits from locals and foreigners, but only in that country’s currency. This system can then offer short-term loans for trade finance purposes.

    For example, Japanese banks accept Yen deposits and make Yen loans, American banks accept dollar deposits and make dollar loans, and so on. To finance foreign trade for their customers, these commercial banks can quickly obtain spot or forward foreign exchange in the international interbank market or draw on balances of foreign currency held with correspondent banks abroad.

    Before the 1950’s international trade was dominated by traditional foreign exchange banking, which handled letters of credit and the exchange of currency “A” for currency “B.”

    Due to historical reasons, the Eurocurrency banking system primarily resides in the City (aka the City of London). An essential fact to understand is the City of London (the one square mile) is a separate legal entity from London proper.

    During the 1960’s traditional foreign-exchange banking coexisted with the emerging Eurocurrency offshore market:

    • Traditional foreign-exchange banks face stringent regulations
    • Offshore Eurocurrency banks are lightly regulated, if regulated at all, depending on the jurisdiction

    Therefore, on an international scale, offshore unregulated financial markets compete with onshore regulated ones. Today, offshore Eurocurrency Banking, primarily located in the City, dominates global trade.

    For the Unipolar world to exist, it needs the Eurocurrency System. CBDC is about bringing “Eurocurrencies” in from offshore and legitimizing them as legal tender.

    The Multipolar world wants to revert to traditional foreign exchange banking.

    The euro/offshore system is based on debt, its lifeblood. The debt market’s depth, size, and liquidity drive the actual valuation between currencies within this system.

    The traditional system valued the following when comparing currency areas:

    • Goods – things a county makes.
    • Services – Services offered by a county.
    • Commodities – basic materials.
    • The monetary base – precious metals, foreign currency reserves, etc.

    We are at a tipping point today. The world will either fall forward into a brave new world of a single global currency based on the euro/offshore/debt system, or it will pull back and return to a traditional system based on goods, services, commodities, and the monetary base.

    #133680
    Henry
    Participant

    There is no magic in pricing in the dollar. Ultimately, any businessman and their customers only care about the currency they need to pay taxes. For import/export merchants, what matters are the following:

    • Clearing for international payments
    • Hedging forward against exchange risk
    • Letters of credit

    I don’t think the Renminbi will not “replace” the dollar; China does not want to have the City of London to have the privilege to generate as much CNY as they wish. CNY will be used as a pricing mechanism, and settlement will be in local currency.

    The forward price swaps could be handled through the Shanghai Futures Exchange, and because of the stability of the CNY, this will not be difficult.

    #133681
    Dr D Rich
    Participant

    In Episode #57, Season 247 of “History Can’t Repeat Itself!”….

    I give you *becoz he’s old) ohn Day’s “take” on the parallel affairs…

    Moorer-Radnor VS Milley?-Teixiera

    I’m sure great minds already recalled this almost identical piece of history a la The Moorer-Radford Affair or Spying on a U.S. president, as in a supposedly “reviled” officeholder, Richard M. Nixon.

    Perhaps,
    Teixeira = Radford
    Trove/Tranche = NSC files
    Milley? = Moorer
    General = Admiral
    Flag equals Flag

    Nevertheless, here it is, a summation.

    “Yeoman Radford eventually admitted to having stolen classified documents from the National Security Council.”

    https://en.m.wikipedia.org/…

    #133682
    Dr D Rich
    Participant

    I give you (becoz he’s old) John Day’s “take” on the parallel affairs…

    #133683
    Formerly T-Bear
    Participant

    JSR #133671

    In terms of more recent history, on 31 December 1998 no transactions in the EU were denominated and valued in EUR and then the next day, they all were. Overnight.

    Each country in the original Eurozone had arranged an exchange rate with the € (Euro) which automatically set the exchange rate between money values in the member countries in terms of Euros. That is just what i NOT going on while the dollar is being displaced, and was just exactly the point being made. No principle to establish exchange is being followed outside bilateral treaty that effects no other exchange rate. Plus the continuity of economic history will be broken. This will not end well.

    One can argue about the structural failings inherent in the design of the Euro system, but nevertheless it is demonstrably possible to change the basic unit of currency used for trade within and between countries very quickly if necessary.

    Disclaimer: Was living in European Union at the time; experienced the change. That “overnight” event took nearly a decade to accomplish, and there were still problems. The point being made does not address “structural failings inherent in the design of the Euro system” but the maintenance of commodity value parity while doing so, something that is not being either addressed or considered by the commentariat. Again what is being created is a break in the history of economic continuity, never experienced before at a universal scale and no current economic theology can provide answers or tools to work out a solution. There be dragons here, (the way is uncharted).

    #133684

    John Day- check out this page with the paths of the annular eclipse of this year and the total eclipse of next year. Looks like you wouldn’t have to go far (less than a 2 hr drive) to see them both, you lucky dog.

    #133685
    Henry
    Participant

    T-Bear, I often wonder how much of an illusion the € (Euro) is:

    • All the original central banks still exist.
    • There is no standard debt instrument, and Target2 appears out of balance.

    The € (Euro) seems flawed strangely; it is a poor imitation of the “Euro/Offshore” I described in my post above. The current Euro/Offshore system is organic and arose from the ground up. The € (Euro) seems to have been designed by committee and greedy bearcats, honestly if the “Euro/Offshore” shrinks, I think the € (Euro) will die on the vine, the all of the old currencies will remerge and be branded something like:

    • Italian € (Euro)
    • German € (Euro)
    • Irish € (Euro)
    • Etc.

    What do you think?

    #133686
    John Day
    Participant

    Russelinbibs posted this late last night, and I have often had the same thought.

    “The whole woke/trans thing seems to have one pretty recognisable goal: sterilisation.
    What is more interesting is that looking through the history of various cultures and civilisations this seems to show up at pretty regularly at a certain point in the urban populations. China is the most notable example with the Eunuchs, but homosexuality and other practice non child producing sexual preferences seem to take off in these decadent phases in all cultures.
    The question then, relates to whether anyone is actually in control of this agenda, or it simply is an emergent property of civilisations which reach a certain urban population density and the associated lack of real world stimulations and feedback. There is that famous experiment with mice in which when given the same conditions they exhibited similar behaviour to that we are seeing in the urban west.”

    #133687
    John Day
    Participant

    @MPSK: Yes, my sister inn LA has been making plans for next year’s eclips in Texas for years. She does that kind of thing.
    Here’s the spot I came up with. I’ll attend if I can’t come up with a good excuse.
    https://www.kerrvilletexascvb.com/business/stonehenge-ii

    #133688
    Michael Reid
    Participant


    While we know that lockdowns were deadly, masks don’t work, “social distancing” was grounded on no “science,” and gloves are no defense against an airborne pathogen (assuming such a pathogen existed, or exists), and that “it” did not leap out of a big bowl of bat soup, just by chance, and then shut down the world; and now we also know—and even Gates and Fauci have conceded it (albeit confusingly, as usual)—that those “vaccines” could not “stop the virus,” so that forcing them on everybody in the world, including children (and everybody’s pets), really wasn’t such a hot idea.

    https://markcrispinmiller.substack.com/p/how-team-fauci-forged-the-hivaids

    #133689
    John Day
    Participant

    @Dr.D Rich: This link should work, and the lowest rank takes the blame is how the military always works.
    https://en.wikipedia.org/wiki/Moorer-Radford_Affair#:~:text=Yeoman%20Radford%20eventually%20admitted%20to,Welander%20and%20Admiral%20Rembrandt%20C.

    #133690
    John Day
    Participant

    Thanks Henry for 133679:
    “We are at a tipping point today. The world will either fall forward into a brave new world of a single global currency based on the euro/offshore/debt system, or it will pull back and return to a traditional system based on goods, services, commodities, and the monetary base.”

    #133691
    phoenixvoice
    Participant

    That is one clueless cat. I have one big, fluffy cat that would do the same. I have a second, more petite, gray, very affectionate-with-humans cat that in the time of that short video would have had that young rat in it’s mouth and in less than five minutes there would be nothing left of the rat, as it would be devoured.

    It’s interesting….
    When not supplied with food by humans, cats become efficient hunters — if they do not hunt efficiently, they die.
    Some cats, like my gray one, become capable hunters even when fed by humans, even though he was not raised by a mama cat, not trained to hunt. (He was with the mama cat for no more than 10 weeks, if that.)

    It is similar, with us humans. Many, if we don’t need to develop skills, will fail to develop them. (My teens don’t know their own cellphone numbers. Before smartphones, most people had many phone numbers memorized.) There are some who will develop the skills any way, for various reasons.

    #133692
    Dr D Rich
    Participant

    @John Day

    Thanks for fixing the link.

    #133693
    jb-hb
    Participant

    There’s a supposed military otaku on Youtube called LaserPig. If you watch stuff about military history or hardware, he will pop up in your feed. Inevitably. I’ve found his views to be dumb and ill informed. The T34 was a bad tank, for instance. Objectively, observably an effective tank, complimented copiously by people on the other side.

    Anyway, he (in a collaborative video) gave a summary of Ukraine yesterday that says:
    –the Russians are running out of/ran out of tanks
    –the Russians have run out of/ran out of, awhile ago, artillery ammunition
    –The Russians are losing men at a 7:1 ratio to Ukraine
    –The Russians have horrible logistics/supply issues compared to Ukraine
    –Bakhmut is of NO strategic importance
    –Ukraine has been hanging onto Bakhmut because they have such an incredibly favorable casualty rate (Background, picture of a Stalingrad movie DVD box)
    –The Russian doctrine going into the war was to use massed static 100mm artillery (like, their military doctrine was literally identical to the last months of WW2/1945 when they had like an artillery piece for every 5 meters of front or something?)
    –Russian artillery is horribly inaccurate (picture of farm fields sparsely pocked all over with shell holes)
    –Ukraine will most likely launch at least 2 simultaneous offensives, one of which will cross the lower Dnieper on a broad front, crush all resistance, isolate, and then take Crimea.

    To illustrate the Russians having run out of ammunition, he showed a picture of an opened ammunition box holding fused-together horribly rusted shells. He says Russia is down to pulling 1950’s shells out of storage.

    I always had a vague hinky feeling about him when I watched his videos, like there’s something not quite right about him, or like he styles himself a military otaku without being truly interested in the subject somehow? Compare to idunno, Drachinifel, TIK, The Chieftan, hell, Admiral Jingles.

    Anyway it was delightful taking a brief dive into oppositeland last night, I was laughing uncontrollably half the time. And I guess it’s interesting to see what MSM people think is going on. Comments were all glowingly complimentary of his “efforts.” They provided a helpful list of “trustworthy news sources” people should use.

    #133694
    Mr. House
    Participant

    I believe lazerpig has an intel background, or so i’d heard around the time he did a roundtable with gonzolo lira.

    #133695
    zerosum
    Participant

    I’m going to concentrate on a few things.

    #133696
    Mr. House
    Participant

    Ukraine=covid: lies

    https://www.cnbc.com/2023/04/18/public-pessimism-on-the-economy-hits-a-new-high-cnbc-survey-shows.html

    Lowest unemployment rate ever, but everyone thinks the economy sucks? What makes you think most economic statistics are just a pile of shit like covid statistics?

    #133697
    jb-hb
    Participant

    I believe lazerpig has an intel background, or so i’d heard around the time he did a roundtable with gonzolo lira.

    lol I don’t really understand why he gets as much play as he does. I’d much rather hear from The War Nerd, who I might disagree with but has some depth of knowledge, real and original reasons for his takes on things. And he has that genx weary, sardonic, cynical humor down pat while Lazerpig is a hyper kid “lookatmee!”

    Mostly LazerPig seems to want me to know that he is gay and likes to make quips like “Throw me to the wolves and I will come back pregnant!!!” That’s fine dude, truly okay with me, but you just said 5 amazing fever-dream irrealities in a row just now. But you said it with sass so go on and you do you I guess.

    Lol but he comes off vaguely like the people who invaded D&D and grandma’s knitting circle without a lot of apparent interest in the things.

    lol anyway, I am so so sorry for Gonzolo Lira.

    #133698
    Noirette
    Participant

    Thank you Henry for putting this together, in 3 posts up top. Excellent.

    #133699
    Formerly T-Bear
    Participant

    Henry #’s 133680, 133685

    Having lived in the Euro Zone (EZ) of the European Union (EU) since the inception of the Euro (€) as a currency, it serves quite well as a currency. It is NOT a legal tender in the EZ unless a state has enacted legislation making it so in that state, but in most states it is the functioning medium of exchange /currency. When the € was introduced it was given value at an agreed upon rate of exchange with each member’s national currency to the €. Germany was IIRC about 2 DM, Spain around 166 Pasetas, Irish Pound (Punt) exchanged about 1.27€ per, the only currency trading at less that 1 per €. Values and prices were transformed into € bu the agreed upon exchange rate so the € did not establish either value or price but assumed the established number through that specific exchange rate. The € took nearly a decade from inception to coin in the pocket – some quick change, that. What’s the problem with the €, I do not understand.

    I highly recommend going to the comment on yesterday’s Debt Rattle and study one of the most astute comments made here on the site. I can only trust my answer measures equally. Those having been educated in the current theology will not have either the background or the information to solve the economic problems the world is now facing. A link will be put in a separate comment below.

    #133700
    Mr. House
    Participant

    “Mostly LazerPig seems to want me to know that he is gay”

    And that is why the algorithm promotes him. Youtube doesn’t show you what you want to see unless you search for it, it shows you what it wants you to see.

    #133701
    Formerly T-Bear
    Participant

    @133699
    Link to referred commentary Debt Rattle 17 April 2023 #133645

    #133702
    D Benton Smith
    Participant

    @aspnaz

    And the ones in the middle (the NON retards and the NON billionaires) continue to send their money and their compliance to the retards who forward it to the billionaires (thus making them billionaires), who return the favor by giving the retards swell paying jobs with lots of official authority over the people who keep sending up the money and compliance.

    So, who are the real retards?

    #133704
    Red
    Participant

    I put the following here begrudgingly as I wish no part of the debate that it is sure to start. However I think it points to a larger set of problems we here at TAE seem to understand. That is the lies that are told by the supposed leaders and swallowed whole. The amount of codswallop we have to wade through to get any sense of what is actually going on is becoming unsurmountable!

    The entire world appears enthralled with the Intergovernmental Panel on Climate Change (IPCC) and its periodic edicts. The pretension is that this is a “scientific” organization employing scientific methodology to forecast risks of global warming. It isn’t.

    Reviewing the latest IPCC Report, one is struck by how far-ranging this global Panel now ventures—into “social sciences,” economics, politics, and (of course) social justice. Notable is the wide range of supposed disciplines brought to bear on the single issue of greenhouse gasses, while other contributing causes of environmental harm—especially chemical pollution—are comprehensively sidestepped.

    Most open minds are receptive to the possibility that human activity could warm the globe: the question is how much, and what harm (if any) that will cause. This is where science could be very useful. Scientific inquiry should then focus on two very complex issues:

    1) causation (establishing that CO2 and other gasses cause climate change), and

    2) prediction (how much such change, if established, will impact the environment over time). Those who cannot accurately predict the weather for next week, now feign prophetic clarity for 2100 A.D.

    There does not appear to be an Intergovernmental Panel on Chemical Pollution. Why is that? Species are disappearing due to chemical contaminants. Human sperm counts are plummeting, cancers rising, and endocrine disruptors may be impacting gender biologically. Rachel Carson exposed these problems in 1962, in her ground-breaking book Silent Spring. Six decades later, the entire world is mesmerized by the IPCC like some newfound Papal order. As for the chemicals …crickets.

    The IPCC has strayed so far from science that it is properly defined as a political and not a scientific entity. The latest IPCC Report reveals this single-lens bias in favor of the climate-change cult through the prism of expanding disciplines while narrowing focus: more and more bunk studies are being used to label all things horrible as caused by greenhouse gasses.

    Seas are being emptied of fish, species are dying, and the culprit is ever carbon.

    Do scientists not consider the consequences of chemical pollution any more, or predict where the world will be if no brakes are applied to the generation of yet more man-made pollutants?

    The question becomes downright eerie when the IPCC instead advocates for more chemical applications to the ecosystem as a solution to greenhouse gas warming: a climate-sensitive diet is now to be “balanced” by plants, to save the world from cows.

    Globalists have found that they can weaponize poor people to help them get richer, cry globalist crocodile tears for crocodiles, weep for bees, and rescue humanity from cows—by culling them. Greenhouse gasses are not the sole threat to food and fauna. Everything about the latest IPCC document reeks of fraud.

    Where is the concern for BPA, phthalates, PFOAs, or neonicotinoids in the IPCC pronouncements?

    How can “science” ignore these profound threats to the ecosystem and humans while using carbon dioxide to hone in on wealth disparity, social justice, and human fears of climate change?

    More, the proposed solutions of a plant-based diet depend on the industrial chemical polluters who happily count themselves members of the World Economic Forum and peddle their chemical wares as salvific of all climate-change ills.

    The IPCC scientific “standards”
    Scientifically speaking, the IPCC Report does not obscure that it is speculative in its predictions:

    Exposing the Climate Racket: The Latest IPCC Report

    #133705
    Red
    Participant

    Here is the link to the long version of the report, if so inclined. 85 pages, I’ve squirrelled away for rainy day humour.

    https://www.ipcc.ch/report/ar6/syr/downloads/report/IPCC_AR6_SYR_LongerReport.pdf

    #133706
    jb-hb
    Participant

    Trans movement seems a useful foil to cover up chemical pollution – endocrine inhibitors, hormone mimickers, etc. People are getting polluted. No, they are becoming increasingly vibrant™!

    If they were serious, they’d take a hard look at debt-based currency. That’s inevitable Greek tragedy like fate. Fiddle with as many policies as you want, but continually trying to pay off ever-increasing debt when there literally isn’t and cannot be enough currency to do so demands continual growth COMBINED with malinvestment. Growth including population growth.

    Suppression of failure, bankruptcy, and jubilee makes it worse. More growth is needed to back the papering-over AND the more you pervert the system, the more malinvestment you get, thus making the growth less effective as you go.

    If every person shrieking about CO2, DIE, and ESG concentrated on shrieking about debt based currency, they’d do a LOT more towards saving the planet.

    WHATEVER we try, so long as debt based currency is the basis for our lives, it won’t work. We’ll all keep trying to not fall off that treadmill. And it’s like the WEF type folks want to mess with absolutely everything BUT that. Like, we cannot have a LITTLE jubilee in 2001, nor 2007, nor anytime, THEREFORE it follows that we have to have a Great Reset. BECAUSE we refuse healthy resets that wipe out the malinvestment that causes…. pollution in exchange for useless awful crap and things being more screwed up!

    #133707
    Red
    Participant

    249,898 views Apr 17, 2023 #redacted #claytonmorris #natalimorris
    The United Nations says that we should decriminalize all sex and drug-related activity in the name of human rights, including sex with minors. Oh and they want you to be able to poop on the street. Is this progress?

    This comes from a United Nations organization called UNAIDS in [a report](https://www.unaids.org/en/resources/p…) released on March 8 to honor Women’s Day. It is sort of a best practice suggestion for international communities on how to police “”conduct associated with sex, reproduction, HIV, drug use, homelessness and poverty.”” The basic suggestion is: you don’t.

    This is a strange document but the strangest is Principle 16 which suggests no age limit for consensual sex. It also suggests no criminal penalties for sex work, buying or selling, and no criminal consequences for people who make money by other people’s sex work. We used to call these pimps. Do we still?

    The report further suggests decriminalizing all drug use and drug possession as well as leaving homeless people where they are to poop in the street.

    And your right to live in places where people do not do drugs, poop on sidewalks, sell other people for sex, and have sex with minors? You don’t have that right apparently. It sure does seem like the UN is in favor of social collapse, doesn’t it?

Viewing 40 posts - 1 through 40 (of 64 total)
  • You must be logged in to reply to this topic.

Sorry, the comment form is closed at this time.