Debt Rattle September 27 2018
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M. C. Escher Symmetry Drawing 1948 • Kavanaugh Mayhem (ZH) • Argentina Gets Biggest Loan In IMF’s History At $57 Billion (G.) • The Next Financ
[See the full post at: Debt Rattle September 27 2018]The only hope for the people of Great Britain is for the Labour Party, lead by Jeremy Corbyn, to become the next Government. God help help them otherwise.
Thanks for that Steve Keen video; it was great, but, I need to watch it again…
He talks fast, and fills in a ton of information, in no time at all.
A lot to digest…“Emmanuel Macron has announced France will no longer accept “commercial agreements” with countries that do not “respect” the Paris Climate Accord during a fiery speech at the United Nations General Assembly. The French president called for the upholding of trade rules that “guarantee fair competition on equal footing”
Except it’s not a deal in the terms we generally think about it. They told China and India they didn’t have to do anything for their 2,800 Million people, accruing zero costs. All the CO2 and environmental mitigation they didn’t do would be picked up by the 300 Million in America, and each man would carry the costs of 7 Asians. So you see it’s really easy for China to sign an agreement whereby they promise nothing and destroy their competition.
But wait, there’s more! Aren’t trade wars and embargoes such as Macron is proposing bad? Or are they only bad when Trump does them? Besides, he’s at no risk since anything he wants from America, $82B worth of aircraft parts, NATO weapons, drugs, and petroleum, as he’s just going to sub-route U.S. goods through Ireland or Germany like a good hypocrite. …Or maybe he can buy them from China, a nation which has no responsibilities and the worst environmental record on earth, instead of the United States, which is better than most.
Yeah, that’ll show that environment! We’ll send money TO the people who have poisoned the world’s longest river from end to end and is responsible for the top rivers that dump ocean plastics, and AWAY from the country that has laws against these things and unlike most countries, actually dropped their CO2 emissions. Winning! The fish in the Yellow River and throughout the South China Sea will be very proud. Or they would be, if they weren’t already dead from China’s appalling environmental practices Macron and the Paris Accord joyfully support.
Don’t worry about wetlands. According to AGW, the entire world will soon be a wetland, getting rid of the people and replacing all that’s lost. That’s a GOOD thing, right? We should all be happy. I know I would be.
In the end, it’s all about energy and thermodynamics.
Inescapable. And the politically unpleasant/taboo issues of reducing the planet’s human population and its level of energy consumption.
Still, that’s all energy, seychelles. Consumption, population, it’s about energy. Give any species -seemingly- free energy and they’ll all end up doing the same with it: eradicate themselves while using/wasting it as fast as they can.
Escher: at the time of this wonderful piece, he had really found himself. Still early, 1948, but he knew what he wanted, and he could execute it. It’s truly a masterpiece.
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