Debt Rattle February 7 2020

 

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  • #53637

    Marjory Collins “Crowds at Pennsylvania Station, New York” Aug 1942   • China Reports 73 New Deaths From Coronavirus, 3,143 New Cases (SCMP) • Tr
    [See the full post at: Debt Rattle February 7 2020]

    #53638
    V. Arnold
    Participant

    I collected so many “corona”-related articles over the past 24 hours, I’ll do a separate thread with them, because this one would get too long. It’ll be up in a few hours.

    I trust it will eddify, to those of us following, this media travesty of non-reporting and non-informational clap trap………………………..
    🙁

    #53639
    oxymoron
    Participant

    Great thread today but maybe I just get off on disaster-porn. Pensions are a bomb waiting to go off, the FED is absolutely driving everyone against the wall – all central banks are the same. Too many humans equals this virus going ape-shit. China is the weak link in the chain of supply if you can believe that sentence could be true. Maybe we are entering some crazy-arse Mayan calendar shit this year or something.
    It must be said I agree about the bees- if the climate is so hard for the little guys then what the fuck are they doing here in Australia? I have 14 hives and they are going gangbusters. We got minus 4 celsius in winter and then reached 45 degrees this summer. They are fine…. Just stop dropping Napalm on them in the morning and they will keep thriving- I hate that smell.BTW

    #53640
    V. Arnold
    Participant

    Marjory Collins “Crowds at Pennsylvania Station, New York” Aug 1942

    Visual evidence of a war footing…
    War…what a waste of living resources and life in general; resource or not…

    #53641
    oxymoron
    Participant

    Oh shit – that was bumblebees
    My bad

    #53642
    lasttwo
    Participant

    If the russians were behind the Iowa caucus dont you think Clintons accused russian agent would have at least 1 delegate. Think DNC not KGB the .1% wall street and lobbyist are not fans of progressives.

    We just got an email from our niece, the local news is reporting 4 more cases being monitored for the virus in Dane county Wisconsin. Wisconsin is one of the last places to have the first case. It would be interesting to see the number of cases being monitored.

    #53643
    boscohorowitz
    Participant

    “Honest question: what do you think is more dangerous, RussiaRussiaRussia or the coronavirus?”

    The stupidity underlying both phenomena.

    “Who supports those terrorists? Is it Turkey or the US?”

    So many monies and munitions have been given that way that they might be able to run alone for awhile?

    Today I have to visit the medical hospital megaplex that is Portland’s OHSU. I will be wrapping my scarf around my face in public places to set an example. (sounds kinda self-aggrandizing. But it’s true. The sooner people are scared of catching it, the less people will catch it. The panic wave will happen regardless, so… it’s a lovely soft crimson scarf with black houndtooth patterns. Now that’s self-aggrandizing.)

    Proximity Issues

    #53644
    Dr. D
    Participant

    “Can We Have Prosperity Without Growth? (New Yorker)”

    Yes, we can. However, prosperity will almost certainly lead to humans living, and therefore increasing. And THAT is growth. I prefer a world less resource-intensive, by definition less GDP, which would be more similar to a utopia almost by structure. However, none of that is going to happen with the present mentally-ill people chasing a win with the power game measured by money.

    …And the only thing worse than it being measured by money is being measured by status and social connections, which is the Socialist system. Then there’s no connection to merit at all.

    Glad they admit that innovation constantly lowers materials, energy (which is really price, a cost reduction), and therefore constantly allows more people. …To a limit, of course. And the limit is whether we live like Al Gore or like Buddhist Monks.

    “what would happen to the Canadian economy under various [computer] scenarios”

    OMG these people. They’ve run these “expert scenarios” since Christ was a Corporal, and they’ve been dead wrong for 100 years and that’s how they got here. Their stupid scenarios are how we got to this level of CO2 production and income disparity. Not that it can’t be fixed, but I don’t give the steering wheel to the same guy who crashed the last 199 buses. Maybe we can find a single guy or institution that did NOT wreck every tool they’ve ever been given into a fiery wreck of destruction and despair? You know, like the Permaculture people, JimmyBob the farmer or something?

    Is it possible? Sure. Nowhere near in his wet fantasy, but it’s certainly possible somewhere, under some timeline. Should we try it? Of course. Maybe without killing all the poor as in France, or rounding up dissenters into re-education camps though. If your plan is working, making people safer, better, happier – and why do I even need to say this? – you won’t NEED to bludgeon them, insult them, berate them, order them, arrest them, to get it done. The success will speak for itself.

    But none of that’s going to happen, and CERTAINLY not through any of them, so no need to plan or worry about it. I’ll just have to do it myself, without them, in the face of their violent opposition.

    Canada to Aid Alberta as Deadline for Massive Oil Sands Project Nears (R.)”

    Just speaking of, the very same people. And St. Greta, haranguing all comers, takes a happy-happy eco photo-op with President Blackface, who has just signed up for 100 square miles of tar sands to be mined…to release all that CO2…to turn clean natural gas into heavy diesel like turning gold into lead…and also pollute the adjacent Indian reservation. A hat trick! A trifecta! Darn you, Trump, why did you…? Oh wait, that was Canada, under hot dreamy, role-model Trudeau? Nevermind, it’s all good! Nothing to see here he and she and Greenpeace are all bestest friends eveh. If only Trump could find 100 miles of the U.S. to ruin and be as eco-friendly as Justin.

    #53645
    boscohorowitz
    Participant

    “And the only thing worse than it being measured by money is being measured by status and social connections, which is the Socialist system.”

    No it ain’t. That would be truer of many other -isms before pissing on your favorite S-bush. Monarchism. Feudalism. Capitalism/corporatism were practically founded on friend of a friend of a friend connections. Like most everything else including getting a job in the real world.

    Some people blame Trump. Some blame Russia. Let’s add socialism to the mix.

    Status and social connections rule everywhere. Where do you get this half-cocked stuff from, Doc? Let’s throw a caste system in there next to the FED window while we’re at it.

    #53646
    Dr. D
    Participant

    400 million people are on lockdown in China, although only 600 are dead. Hmmm. Numbers…

    Reports trickling in, the virus bioweapon is somehow racial, people surviving are non-Chinese, people outside China dying, as the Philippines, are ethnic Chinese. Now China itself isn’t one group either, nor since race isn’t much of a real scientific thing is it going to be uniform across groups, even say, the Han, but there it is, for the tracking.

    This may be the last piece why the West is feeling relatively relaxed.

    #53647
    Dave Note
    Participant

    Your comment that you haven’t hear or read or seen any mention of children getting this coronavirus strikes me as extraordinarily odd. I hadn’t thought of that til you mentioned it.

    Kids are bags of walking germs normally. Ask any elementary school teacher.

    So the complete utter lack of news on school kids or unibersity students, also a normally giant reservoir of ailments make me think this whole thing is a giant drill, a dress rehearsal for a real pandemic.

    The Spanish Flu in 1918 was believed to have gain a foothold in the US from Army bases full of returning troops from the “Great War” in Europe. Then in part spread by postal workers deliver to every nook and cranny of the landscape.

    So why no reporting of one of the biggest vectors of disease spreading: children and students?

    #53648
    zerosum
    Participant

    Hahahaha. Now I understand the logic.
    If its not coming out of my pocket, then spend it. The result sky high cost of health care. Nobody controls costs.
    • Ohio Pension System Slashes Health-Care Benefits To Stave Off Insolvency (ZH)
    ——
    The result of capitalism. You end up with some people getting more than other people.
    Don’t believe me? Pay an enabler to check out the statistics.
    • Seven In 10 Greeks Threatened By Poverty (K.)
    —–
    Oppps
    There does exist studies.
    • Can We Have Prosperity Without Growth? (New Yorker)
    He says no.
    I say, look around you the degrowth is happening
    First lower the population.
    Then the production goes down.
    After that, what is being produced is being shared by fewer people.
    Therefore, there is more for everyone left.
    At the extreme, the last man standing owns everything. hehehehe
    —–
    A lot of people know what to do but they are not the ones making the decisions.
    Keep the oil. Make and ship finished oil derived products.

    • Canada To Aid Alberta As Deadline For Massive Oil Sands Project Nears (R.)
    —–
    “So why no reporting of one of the biggest vectors of disease spreading: children and students? ”

    My first impression was that China was making “a test of the emergency response system”
    Then
    something went wrong
    However,
    CRUISE SHIP NIGHTMARE
    THESE ARE THE NUMBERS TO WATCH
    These numbers will be hard to lie about to determine if it was a test that went wrong.

    #53649
    Dave Note
    Participant

    An interesting discussion by Max K and Michael Hudson on the definition and history of “socialism’ and ‘capitalism’.

    Dr Hudson, who has done extensive research on economic history says that our present definitions of “socialism’ and ‘capitalism’ bare no resemblance to the original definitions from the 19th century.

    Listen around minute 6:00

    [audio src="https://video.img.ria.ru/Out/MP3/20200204/2020_02_04_DOUBLEDOWN202040220_pl0mdolq.nn2.mp3" /]

    #53654
    Cuauhtemoc
    Participant

    Hello Raul Ilargi Meijier

    Can’t stop thinking about the virus. And I’m not the alarmist type, but what I find unsettling is the constant flow of indirect evidence that there is more than what the Chinese autorities are saying. North Korea, a very very no-nonsense country, and one whose economy is strongly linked with China is taking extreme measures that are surprisiing even the experts:

    North Korea’s coronavirus border shutdown: “Nobody is to come into contact with Chinese people”
    https://www.38north.org/articles/affiliates/north-korean-economy-watch/19202/

    This is a country whose 80% percent (that’s right eighty) percent of exports and imports are with China. They are also talking about “national survival” being at stake. What do you all think about this?

    By the way, I just registered. After years of reading your posts, I am happy to have joined. You are a valuable site, Automatic Earth.

    Thanks.

    #53655
    zerosum
    Participant

    Update (1100ET)::
    https://www.zerohedge.com/geopolitical/more-400-million-people-lockdown-guangzhou-joins-quarantine

    This is bad news for airlines, casinos and virtually every business (restaurants, bars any other business) in the nightlife or entertainment fields. A team of German scientists have determined that the coronavirus can survive for up to 9 days on a surface.
    That’s bad news, because it means the virus, which was recently discovered to have some genetic markers in common with HIV, is much more hardy than the common flu.
    (the common flu can survive 24 hrs., HIV can survive for 6 days)
    3 provinces, 60 cities and 400 million people are now facing China’s most-strict level of lockdown as Beijing struggles to contain the coronavirus outbreak as the virus has already spread to more than 2 dozen countries.

    #53656
    zerosum
    Participant

    @ Dave Note
    I suspect that you know that the use of all “… ism” is a weapon.that is used by the manipulators.

    #53657
    Doc Robinson
    Participant

    About the ages of the coronavirus victims. “Young healthy people can have very mild symptoms that may manifest as a cold.”

    Age and conditions of Coronavirus cases

    According to China’s National Health Commission (NHC), about 80% of those who died were over the age of 60 and 75% of them had pre-existing health conditions such as cardiovascular diseases and diabetes.

    According to the WHO Situation Report no. 7 issued on Jan. 27:
    The median age of cases detected outside of China is 45 years, ranging from 2 to 74 years.
    71% of cases were male.

    The WHO, in its Myth busters FAQs, addresses the question: “Does the new coronavirus affect older people, or are younger people also susceptible?” by answering that:
    People of all ages can be infected by the new coronavirus (2019-nCoV).
    Older people, and people with pre-existing medical conditions (such as asthma, diabetes, heart disease) appear to be more vulnerable to becoming severely ill with the virus.

    February 6:
    2 new cases in Canada (British Columbia): a man and a woman in their 30s. The man displayed only mild symptoms. Health officials said that young healthy people can have very mild symptoms that may manifest as a cold.

    https://www.worldometers.info/coronavirus/

    #53658
    zerosum
    Participant

    Note:
    I noticed, did anyone else …
    Microsoft Edge vs Chrome do not do a search the same way. Both should give the same search result but they don’t.
    Take your search results with a grain of salt.

    #53661
    Dr. D
    Participant

    “our present definitions of “socialism’ and ‘capitalism’ bear no resemblance to the originals.”

    That may be part of the problem. Often is. Sure, all human systems have favoritism, but “money talks” as they say. So even if you’re not a pal, a family member, I can’t kick you out if you’re effective. Then you make money, move up into the caste system. Without that, nada. Lockout. Stagnation, like the middle ages or elsewhere. Classic definition of “the worst system except all others.” I’d be for tribalism, but since that requires <500 people units, I think that ship has sailed. Failing that, here we are. Can I make stuff and trade it with others, or is somebody going to point a gun at me and stop me? They point the guns, I don’t like thieves, and that’s all it comes down to. If they’d leave me alone, I could pivot and chase bribery and fraud and civil damages among my countrymen more fully, and clean that up too.

    “the use of all “… ism” is a weapon.”

    Also a great point.

    #53667
    WES
    Participant

    Repression of interest rates kills savers and rewards those who can’t live within their means.

    When this insanity hits the wall, there will be nobody left to save anybody!

    #53668
    WES
    Participant

    Trudope is worried Alberta will stop being a “Have” province paying him and become a “Have-Not” province requiring Trudope to pay to support Alberta.

    Trudope needs more money! So is he going to kill his golden goose? You decide!

    #53670
    WES
    Participant

    The Fed needs to call a plumber urgently!

    There are simply not enough liquidity faucets at the Fed to satisfy all the thirsty!

    The Fed needs to install more liquidity faucets to replace all the savers it killed!

    It looks like the Fed has the same problem San Francisco has with their homeless!

    When you enact policies that encourages this, you get more of it!

    So why should the “free money” Fed be surprised that there are more, thirsting for liquidity!

    #53676
    V. Arnold
    Participant

    I noticed, did anyone else …
    Microsoft Edge vs Chrome do not do a search the same way. Both should give the same search result but they don’t.
    Take your search results with a grain of salt.

    I gave up on them a decade ago; Yandex is the only way to go, IMO.
    Both browser and search…

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