Debt Rattle February 11 2019

 

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  • #45314

    Pablo Picasso Glass, bread and cheesee 1923   • Plummeting Insect Numbers ‘Threaten Collapse Of Nature’ (G.) • IMF Cuts 2019 Global Growth Foreca
    [See the full post at: Debt Rattle February 11 2019]

    #45315
    V. Arnold
    Participant

    This should be the only topic left on all media and political agendas. Instead, everyone’s talking about music awards. Mankind had its promises, but they came with fatal flaws. The ability to lie to ourselves and others -including about the relative importance of various events- is doing us in.

    We do have the brain structure to foresee future dangers, but also to discard them. We can see ourselves do things we know are devastatingly stupid, but we cannot stop ourselves from doing them. In the end, no matter how smart we think we are, only stupidity is left.

    Even here, when people talk about the collapse of nature, the media present it as something separate from us. While we’re right in the middle of it, and we know it only too well

    Yes, even here at TAE.
    We are without relationship; substituted for social media.
    Very few see, much less understand, this virtual isolation.
    It’s the tragedy of our time…

    #45316
    Dr. D
    Participant

    “Sánchez-Bayo told the Guardian: “It is very rapid. In 10 years you will have a quarter less, in 50 years only half left and in 100 years you will have none.”

    This scientist is having some trouble with math, but I repeat myself. What is a 2.5% loss compounded? Baseline 100 units, reduce by 2.5% annually, compounded = 97.5 units, 95.1 units, 92.68 units, etc. In 10 years, 76 units remain, a 25% loss. However, since originally losing 2.5% was to lose 2-1/2 individuals, but when there’s only 50, losing 2.5% is losing only 1-1/4 individuals. That is, it’s a curve that REDUCES, unlike positive compounding, like interest, which INCREASES in speed. However, he’s STILL wrong, as in 50 years 75% of the individuals are gone, not 50%. Yet in 100 years the slowing speed means 8% still remain. If you try the other way, losing 2.5 individuals a year it’s even worse: you lose 25% in 10 years and 100% in 40 years, so it’s not a math interpretation problem, he simply doesn’t know math and doesn’t care. Not to fear! The readers don’t know math either, as indicated by the reporter printing this credibly. But, “The Guardian,” ’nuff said.

    I wouldn’t bank on any of these estimates being true, since they have NO IDEA WHAT’S KILLING THEM (great work!), but that’s the math. If anyone cared, AT ALL, what was killing them, instead of having a $50 Trillion Green New Deal that makes more new cars and houses and trains, we would save billions NOT spending money on worldwide pesticides, just as an opener, and we would put all the hedgerows back as any medieval peasant knows. But we DON’T want to stop killing bugs and all other life on earth, clearly: we hate life violently, passionately, more than anything. And if you don’t want to even TRY, I can’t help you: you are all going to die until there are so few you’re too poor and weak to use pesticides anymore. I’m sure your children will be very proud, living in a world with no fish, no frogs, and no apples. Perhaps they can eat grass and you can finally be happy.

    “• UK Public Services Face Post-Brexit Squeeze (R.)”

    Wait: AOC told me we can just print unlimited money in unlimited amounts. Resources are unlimited and no one needs to go hungry. So what’s the hold-up?

    #45317
    kultsommer
    Participant

    Silly woman with flat tire persona is running, and that silly woman may become POTUS is not far fetched.

    Picasso this morning is absolutely superb.

    #45318
    tabarnick
    Participant

    Oh-hum. Yet another Brexit apocalypse prediction. Brexit bemoaners have predicted 5 of the zero post-brexit recessions. One will certainly arrive. One day. As a reminder of failed brexit predictions:

    CHAOS was predicted. Most economists believed that a recession was imminent. A government study published in the run-up to the referendum forecast that house prices would fall quickly, by up to a fifth, and that unemployment would rise by over 800,000. But growth in both 2016 and 2017 averaged around 2%, roughly similar to 2015. Furthermore, house prices are steady and unemployment has dropped to a 43-year low of 4.0%

    Andrew Cooper (Populus): Remain to win by 10 points
    Goldman Sachs: Recession by 2017
    HM Treasury: Half a million job losses
    JP Morgan: Scotland will leave the UK and get a new currency
    Robert Ward (The Economist): UKIP revival, Labour split and end of two party politics

    #45319

    Yes, kultsommer, that Picasso is exquisite. He must have done a thousand of these still life’s, but this one is special. And don’t worry, Elizabeth Warren has zero chance of becoming POTUS. Same for all the Dem candidates so far -but it’s early. Trump would love her running against him though.

    #45324
    Chris M
    Participant

    Stupidity is an issue, but more so is man’s sin problem and spiritual death. Nothing much will change unless that is solved for more people.

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