Raúl Ilargi Meijer
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Wel, whaddaya. A double helping of Greenpa. Yes, yes, but there’s no denying that “punctuated equilibrium” sounds a hell of a lot more scientific and impressive than ”jumping”. And Gould DID throw his ‘science’ off its established course, because that’s not how the professors saw things at all. In far too many ways, yesteryear’s evolutionists were like today’s economists. Still are, for all I know.
This is where OpEdNews published the article. They are a ‘progressive’ site.
You’re talking universal problems there, Glennda, in Meadows’ definition. The global ones we cannot solve.
Nassim, that Alexa thing you posted is confused. On average 70% or so of readers are still from US. Quite a few Ozzies too. South Africa is very rare.
Venezuela is just another US produced failed state, like Lybia, Iraq, Ukraine, Syria. It’s a policy. They think it makes it easier to take over power. Never works. Those days are gone.
They’re all pathological habitual liars, but he’s so much better at it. And maybe the most important thing of all is he brings humor to the scene. None of the others could even spell the word. When Jeb said he was sick of Trump talking down his family, W, and even his mom Barbara, he added: “she’s the strongest woman I know”. And of course Trump said: “well, she should run then.”
Simply very good, perfect riposte. A disaster for a president, but hey, what else do you got? H.W., Bill, W., Barracks? Really, it can get worse?
It’s Groucho:
“Well, Art is Art, isn’t it? Still, on the other hand, water is water. And east is east and west is west and if you take cranberries and stew them like applesauce they taste much more like prunes than rhubarb does. Now you tell me what you know.”
“Stand up, stand up, What a Hat!”
It’s genius!
Greenpa,
Have I got just the Trump for you. Brilliant. The entire ‘debate’ has been brought down to his level, which is where he can’t possibly lose. Again, brilliant.
Greer destructs renewables quite well. So we don’t have to do it again.
I certainly never said that low oil prices caused the bad economy. Repeated a thousand times that the financial sector doesn’t need any help in blowing up. It’s the other way around.
But taking out of the economy the enormous amounts of liquidity involved in all sectors linked to oil, and doing it as fast as today, is bleeding the system dry.
Even if that liquidity would show up somewhere else -which it largely doesn’t-, the system would need a lengthy period of time to adapt to the changes. As things stand, we’ll see a lot of bankruptcies and job losses in the energy sector, as well as the financial markets.
Nothing finally about it, GO, that’s what we have always said.
And wakeup, yeah, short term bonds count as cash (closest thing to it).
Daiblo,
Yeah, Charles’ reader is not all wrong, there’s always a point at which ‘trade’ can start up again. Even if increasing amounts of people are locked out, there’ll be some who are not. But when homes can only trade at for example 1% of their building costs ($1000-$5000), we have a problem way beyond Houston. Detroit did it, though.. What I’m trying to say is that such a purely theoretical view is of little value out there. ‘There’s always some point ‘ means little if that point would bring down the entire economy.
Variable,
I think the velocity graph says plenty to prove the Neoclassical theory wrong. Put it this way: there’s nothing that says velocity has any direct connection with supply. It can go up or down while supply goes the opposite direction.
I don’t want to be king. And there are plenty reasons to keep hammering on the inherent failures of the EU et al. Why that should come with a ready-made solution I don’t understand.
Still, to prevent chaos, mayhem and warfare in Europe, first of all the EU must be abandoned and dismantled. But there’s so much interest vested in it, that won’t happen in time.
Instead of a solution, I have earlier written of an approach: put the people first. Don’t let a single refugee child drown if you can prevent it. The best hope we have is human decency and the value of human life. If we can’t do that, we can rest assured there won’t be solution.
Seems to me for the Fed to once again not hike rates there’d have to be a major event. Or no-one will ever believe a single thing they say anymore. Credibility is a real big issue by now (they caused this themselves). But a major event is not impossible in the next few days: junk bonds look like they could fall through the floor at any given time, and stocks can do the same. A sharp devaluation of the yen could do thetrick as well.
Repost of the comment above, this time with active links:
The Enouranois group from Greece screened the following video at one of two anti-climate-manipulation workshops approved by COP21.
https://enouranois.eu/?p=1124In Paris anti-climate-manipulation activists were on the margin of the margins, but this is not true of the Istanbul Security Conference held in parallel (and in competition?) with COP21, where anti-climate-manipulation activists were present as invited speakers. The international media buried this alternative conference to the French COP21.
Those who spoke out against climate modification in Istanbul included the Saudi Princess Basmah Bint Saud bin Abdul Aziz al Saud
https://www.thelibertybeacon.com/2015/12/12/saudi-princess-speaks-out-against-chemtrails-and-geoengineering/There is other evidence of differentiations emerging between the national interests of Turkey and Saudi Arabia and that of the US
https://nsnbc.me/2015/12/12/saudi-prince-alwaleed-calls-trump-a-disgrace-should-quit-us-presidential-race/zander,
I hear exactly where you’re coming from. My bit with the article was that it was all blamed on the left, which seems a tad blindered. It’s been a while since Nicole and I specifically addressed energy and EROEI issues (including that of ‘renewables’), but what we said still stands, and not a lot remains standing when you do the proper math. It’s all about the externalities that get swept under the tapestry. Biggest problem perhaps is that we already wrote it. Maybe I should simply republish those things. For the CON21 summit.
About that first O’Colmain video: weren’t the lights on the Eiffel Tower supposed to have been switched off?
zander
Blaming me for the contents of Debt Rattles, which are an overview, a number of links, is a little weird. Another link in today’s DR says central bankers are heroes. Think that expresses my opinion too?
I have not ‘promoted’ anything in my own articles other than that the only way to handle situations like the refugee crisis – which has nothing to do with the Paris killings – is to put the people first. I’ll stand by that, but I get the feeling I need to add and explain that that in turn has nothing to do with flashy shirts.
‘Stop letting people drown’ is not the same as ‘give them all expensive watches’.
Canada thinks they escaped the crisis, but they only saved it for later on housing bubble and Dutch tar sands disease. How Justin can avoid the fall guy role is hard to see.
“A deflationist here might be selling farmland, tools, precious metals, houses,,,most anything “real,” in order to buy them all back at half price in future. He also might be tempted to hoard Federal Reserve IOU dollar debt instruments.”
A deflationist would not be looking at selling and then buying back stuff for cheaper unless (s)he has a lot of debt on it. Farmland owned outright is the greatest treasure provided it’s productive. Tools are..tools. Once you got them, why sell? Gold is good, but only if (s)he can hold it for 10-20 years. ‘Hoarding’ Treasuries works short term.
Greenpa, haven’t come across any stats on the topic lately. I also think lots of these deals would run through ”shell” companies.
So now the narrative is that Syrians are a bunch of rich and comfy people who overfill flimsy dinghies and risk their lives and that of their children just to get even richer? That narrative doesn’t sound very smart, does it? Of course Europe is responsible for people drowning, it can up its search and rescue missions ten-fold if it wanted to. Do these people have to be welcomed with open arms? Well, we shot their homes to bits, so I guess they should. The least we can and must do is to minimize the suffering. Just letting them continue to drown exposes us as barbarians.
not exactly the first time I wrote about the human kind and its psyche, not much of an addition, more a continuation
Greenpa, no that’s me, Nicole was doing a talk at a Baptist conference in Perth. As for your -other- question, how to get it to students, turn it into an app or a video game?
This is bigotry:
“All they have to do, as they’re doing, is to throw their passports in the Mediterranean and say they’re coming from Syria.”
There may be some who do, but it”s a stupid and nasty generalization.
As we know the majority of people that are coming and the Slovak Prime Minister has been honest enough to say so, the majority that are coming are economic migrants.”
We know this is nonsense.
Greenpa,
that’s what deflation looks like.
it’s not falling prices.
it’s falling wages, falling employment, falling investment returns, and then down the line prices fall too, because nobody’s there to buy anything anymore.
Greenpa, we’ll yet find out how severe the destruction of the Chinese countryside has been, if we’re “lucky”. What I’ve read through the years is horrendous. Many Chinese have no countryside to go back to.
danb, that was the text that came with the picture.
Various EU countries are as guilty as the US of what goes on. if only for blindly following.
We suffer from institutions that ‘govern’ too many people in too large areas. EU, US, IMF, NATO, you name ’em. The kind of power in these institutions draws in the exact wrong kind of people.
It’s the supranational disease, or the globalization one. The US is kind of supranational too. Too big for democracy to function.
