Raúl Ilargi Meijer
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May 15, 2014 at 9:07 am in reply to: Debt Rattle May 14 2014: China Will Drag Us Down With It #12905
Raúl Ilargi Meijer
KeymasterDiogenes,
It’s not possible to have an actual conversation with someone who says even 10,000 ppm CO2 levels wouldn’t matter because the stuff is ‘clear and colorless’, or that the tides alone make sea levels shift more than CO2 ever could. What kind of argument is that anyway? Isn’t that like saying warming doesn’t matter because it’s hot in the Sahara? Climate scientists would need to use tarot cards to predict where sea levels might be in 86 years, but you can do without them and claim that if they rise, it will be because of the sun? Sorry buddy, but let’s get serious, shall we? And I’m still waiting for you to tell me who has been paying all those thousands of scientists to keep lying about their findings for all these years. And why.
Raúl Ilargi Meijer
KeymasterVariable
Phasing out of lecturing; is it that the results you’re getting from your lectures are starting to fall below expectations, or perhaps it has just “run its course” and now you are looking for something new?
Lectures are simply much less in demand. People have been sucked – back – into the great dream. This is very poignant in Europe, but evident all over.
Moving from Canada; I suppose you’re cashing out of the housing bubble while it is at its peak here, but curious what your longer-term view for Canada is at this point? Also, I believe you have family… does this transition across the Pacific impact them greatly?
No cashing out; The Automatic Earth really, I wasn’t lying, possesses nothing. Which is part, as I said, by design, we can’t very well do what we tell others they should not, but at this point it’s become a hindrance to doing something as basic as our work. The idea was to have just enough to do that work. Also, no family coming along, except for perhaps Nicole’s youngest daughter, who’s 18.
I’ll let Nicole provide other answers.
Raúl Ilargi Meijer
KeymasterI don’t know why or how people read into my “the work for Atamai also means that you see less of her here at The Automatic Earth” that she will be even less present here. That would be hard to do, if you ask me. What I meant is that she has been less present in the past while, but she’ll certainly be back and write more once the transition phase to NZ is done. Nicole is working on the final part of her food security piece, and preparing a video file on that topic at the same time. So no need to worry about Nicole at TAE.
May 10, 2014 at 7:18 pm in reply to: Debt Rattle May 10 2014: Just How Distorted are Those GDP Numbers? #12769Raúl Ilargi Meijer
KeymasterThe real people economy has been turning down for many years, a development creatively hidden behind a veil of massaged numbers. I haven’t read Pepe on Ukraine and been impressed by it. Same with Whitney and Paul Craig Roberts. Mostly scraping up some truth and blowing it out of proportion.
May 10, 2014 at 7:07 pm in reply to: Debt Rattle May 9 2014: We’re Not Doing Very Well, Are We? #12768Raúl Ilargi Meijer
KeymasterI’m as much Canadian as Dutch, that’s why, and the Dutch being all that great at languages is a gross exaggeration based on the fact that the rest are so poor. Great story about your nana, it’s all we need to know about what we lost, why that is important, and how the emptiness implicit in that makes us so destructive.
May 9, 2014 at 11:15 am in reply to: First Time In 800,000 Years: April CO2 Levels Above 400 ppm #12740Raúl Ilargi Meijer
KeymasterWell, that’s not an answer, is it? Not very convincing. I get the feeling the conspiracy is not where you think it is. Do all these scientists get paid to issue reports they know are not true, or do they get fed false information while training? Or maybe I should ask: who pays the deniers? Or: if there are no changes in the climate, why is Arctic ice vanishing (or is that all trick photography)?
May 8, 2014 at 6:17 am in reply to: First Time In 800,000 Years: April CO2 Levels Above 400 ppm #12727Raúl Ilargi Meijer
KeymasterDeadcat, the article deals not with the first time CO2 has reached 400 ppm, but with the first time it has remained over 400 ppm for an entire month.
Diogenes, that’s a lot of scam detection. Do they pay all the scientists, are they all part of the scam, or do they start teaching them false science in high school?
Raúl Ilargi Meijer
KeymasterDiogenes,
Treasuries will be less, not more, risky for the near future. Other than that, it’s increasingly what you expect a physical as opposed to a financial return from, i.e. a farm, arable land. I’m still not a gold or silver guy, other than at the other side of the crash, years from now. Gold is for those who can sit on it for 10-20 years, not for those who have to sell it in that timeframe just to survive. And that is 99% of people.
Raúl Ilargi Meijer
Keymaster“Do you (and I include Nicole here) honestly still think that preparing for a deflation with the same strategy you outlined since 2008 is still valid? Please be honest, because it is “only” a matter of survival.”
I don’t at all like suggestions that I wouldn’t be honest. Who do you think you are? And apart from that, p, I posted that graph twice. Which part of it you don’t you understand?
April 20, 2014 at 5:41 pm in reply to: The United States’ Desperate Solutions For Not Sinking Alone #12426Raúl Ilargi Meijer
KeymasterLEAP2020 is not anti-American, it’s a European view. Tons of university degrees and all that, but as I said it works for and against them at the same time. The world will never have one government, so you can shove that notion aside and engage in more fruitful thinking. Or maybe I should say that as soon as there is a one world government, all hell’s going to break loose all over the globe; that we already effectively have such a government is a whole other issue. And it is the worst possible way, not the only, to address “the big problems”.
April 20, 2014 at 4:51 pm in reply to: The United States’ Desperate Solutions For Not Sinking Alone #12421Raúl Ilargi Meijer
KeymasterFair enough, chettt, but maybe the question is: what other “analysis” could be taken more seriously than this one? I can’t think of any, other than my own. And that”s not me tooting my own horn, I simply see all sorts of people jumping to all sorts of conclusions, likely because they’re all out of their league, while I only ask questions.
April 18, 2014 at 5:43 pm in reply to: Debt Rattle Apr 16 2014: Overpopulation Is Not A Problem For Us #12397Raúl Ilargi Meijer
KeymasterTabernac,
You made me wonder whether anyone has ever checked if all individual bacteria and yeast maintain their fertility rates throughout the tragic cycle of the consumption of surplus energy. I don’t know of any such research, but neither do I see any reason to assume falling fertility rates are not a ‘natural’ part of any such cycle in any organism, be it yeast, mice, or people.
The underlying question would be if any such falling rate in any of these cases could arrest the drive towards more consumption, for the group, not the individual, until the inevitable.
April 17, 2014 at 6:25 pm in reply to: Debt Rattle Apr 16 2014: Overpopulation Is Not A Problem For Us #12367Raúl Ilargi Meijer
KeymasterTAE Summary,
Good to see you back. Been far too long. As always.
You sure that God will get the credit, though? Why not the blame?
And doesn’t life beget energy, instead of vice versa? Or is that the chicken and the egg all over again for Easter?
April 16, 2014 at 6:02 pm in reply to: Debt Rattle Apr 16 2014: Overpopulation Is Not A Problem For Us #12346Raúl Ilargi Meijer
KeymasterCheck why, Terry?
April 16, 2014 at 6:01 pm in reply to: Debt Rattle Apr 16 2014: Overpopulation Is Not A Problem For Us #12345Raúl Ilargi Meijer
KeymasterHemingway! It’s been ages. How’s ma ville? Very true, what you picked out. We’ve gotten stuck in and fooled by planning 50-odd years ahead through pension plans and the like, but that’s such an aberration from anything and everything all our 1000s of generations of ancestors thought of, there was never any way that would work. It’s like some kind of delusionary time travel that don’t mean no-one no good. Living for today, and the fulfillment that day can bring, and making it so, is what we do best. So why did we stop?
April 16, 2014 at 3:23 pm in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12339Raúl Ilargi Meijer
KeymasterGeolib
What you say about the narrative of collapse risks being true for your Single Tax religion: simply circling, re-quoting itself, harming itself. Why don’t you write a post on the topic for me, but not religious, I warn you, just explaining the cool calm collected and objective advantages that you think it would have for any given society. If you could add how or why you think present political systems would accept it, i.e. why it is not solely theoretical, that would be a bonus. And don’t make it too long, or force me to do too much editing.
April 16, 2014 at 12:26 pm in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12325Raúl Ilargi Meijer
KeymasterKen
We can get to 500 million if the net loss of people is 100,000 per day for the next 178 years or so.
It might be good to add that at present there are some 350,000 births and 150,000 deaths in the world each day.
All we need to do is turn those two numbers around and we’ll be good in 89 years. That does mean, however, that we’re going to need lots of volunteers. So stop being so selfish, people, and sign up in large numbers to save the planet.
April 16, 2014 at 12:13 pm in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12324Raúl Ilargi Meijer
KeymasterOh, that’s certainly true, p01; I just meant you don’t have to do those calculations in order to prevent the collapse because it will come anyway.
April 16, 2014 at 9:29 am in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12321Raúl Ilargi Meijer
KeymasterRaleigh,
Mankind may have invented mythological/religious stories of a deity that made us in his own image, stories that serve to make us feel elevated above all other life, and the crowning achievement of creation/evolution, but the reality is that we are no different from the yeast in the wine vat or bacteria in a petri dish, or any and all other organisms for that matter: when confronted with an energy surplus in a given environment, all species will multiply and proliferate until either they run out of space or the energy surplus runs out, and then there is a die-off.
To be exact: the die-off comes before a species can run out of space or energy, because the use of energy produces waste, and no organism can survive in a medium of its own waste (the corollary to the 2nd law of thermodynamics as defined by Herman Daly and Kenneth Townsend in their 1993 book “Valuing the Earth”). Thus, there will always be more space and more energy left even after the population has collapsed. And that collapse is inevitable. No need to worry about how many people need to disappear for any given amount of time.
I‘ve often called us the most tragic species, because we have an awareness, we can see ourselves do it, but that doesn’t mean we can stop ourselves from doing it. Perhaps we need to contemplate the limits of our awareness, perhaps if we were fully aware of what we do, we wouldn’t to the damage we do. Or perhaps our awareness simply is no match for the drive to consume all energy available to us, a drive we inherited from more primitive lifeforms. However it may be, what we call our awareness, and our power of reasoning, seem to be applied in the race to consume energy as fast as we can, not to slow down the rate of consumption, even if our survival might hinge on it. What’s ironic is that the drive to consume is very close, if not identical, to the drive to survive that all life possesses.
Note that this describes us as a species, not as individuals. And while individual humans can make “decisions” that may seem very commendable, what happens is that when an individual organism “decides” to lower his/her/its consumption rate, other individuals in the group jump in and take over, so overall consumption for the group keeps rising. This difference between group behavior and -possible- individual behavior is often misinterpreted, I think, to mean that we can make the group do what the individual can do.
April 16, 2014 at 6:08 am in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12318Raúl Ilargi Meijer
KeymasterKen,
You’re undoubtedly right that stock markets are a major factor. It’s probably also that our forced move away from Blogger that plays a part, plus the fact that especially Nicole’s ‘extra curricular’ activities, even though they’re TAE activities, have taken time away from posting on the actual site.
I think it should be pretty obvious that we are now in a far worse position than we were when the markets were deep red, precisely because of what was used to lift those markets. It may yet take a while for that to play out, though I’m sure the plug will be pulled when mom and pop least expect it. In that light, it’s a good idea for everyone to wonder for a second who mom and pop are in 2014.
April 16, 2014 at 5:59 am in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12317Raúl Ilargi Meijer
KeymasterJust lowering the birth rate doesn’t work, or at least not well. A healthy population is dependent on a healthy age balance. I don’t know how to solve the overpopulation issue, but I do know this is not the way to go. Then again, I also can’t see older people -boomers, the most numerous generation- go voluntarily in large numbers, though I’ve been suggesting it to them here at TAE.
I’ve written earlier that we may have to concede that we can’t solve this one, we’ll have to leave it to nature to do it for us.
Detail: China has 1.3 billion people, not 1.6. Still a difference of about the entire US population.
April 15, 2014 at 6:28 pm in reply to: Debt Rattle Apr 15 2014: This Is Where We Say Good Night And Good Luck? #12310Raúl Ilargi Meijer
KeymasterNot a clue, Indus. When we were still at Blogger, we had a vibrant comments section. Perhaps people find the WordPress one harder to find? Or maybe Nicole and I should post more comments? But still, a good thing that you like TAE so much. We’ll figure out all the rest in time.
Raúl Ilargi Meijer
KeymasterD,
I may be useful to note than Nicole and I don’t define inflation as rising prices, but as the money and credit supply multiplied by the velocity of money. Rising (or falling) prices are merely an effect of this. There are tons of articles in our archives that explain this.
This means that you can’t have inflation in one part of an economy and deflation in another, It also means that central bank control over the process is limited, since no-one can force people to spend.
Raúl Ilargi Meijer
KeymasterIndus, I’m not sure why you would think Nicole wrote this piece or other recent ones, but she didn’t. My name is at the top of them all.
As for the competence issue, our leaders are quite competent in serving their own issues, just not ours. But then, they – were – never meant to do the latter, so maybe I shouldn’t have used the word incompetent to begin with. And if I do, then in the sense of our political system not having the competence to select leaders that do act in our interest.
March 24, 2014 at 12:48 pm in reply to: Debt Rattle Mar 20 2014: An Unprecedented Opportunity #11932Raúl Ilargi Meijer
Keymaster20% renewables would mean 80% non-renewables, i.e. status quo.
If you mean 20% of current energy is enough to live on, that’s partly right. If you want to get 100% of that from renewables, you will no longer have a central grid. Are we ready for that? You don’t solve that issue with a local grid here and there. You would have to reset the entire structures of our societies.
Taking down energy use to 20% of present levels also means general economic collapse; our economies need mass energy throughput to be viable concerns. Do we want economic collapse, and are we ready for it? I don’t think so. It would mean a lot of misery and fighting etc. Be careful what you wish for.
I don’t balk at renewable energy, but at the rosy stories being bandied around about it. Our societies are very much complex systems, and most well-intended measures will have unintended consequences. Which is why we need to ask questions, not just follow the circus.
I think we need to leave behind the idea that we can change entire countries, let alone the world. It’ll be hard enough to get things right at the local level.
Raúl Ilargi Meijer
KeymasterThorium has been a promise just around the corner for many decades. Yet there’s still not a single active (scaled up) thorium facility in the world. Which is not for lack of trying, or investment. India did a lot of work, China does some now. It’s still just a promise just around the corner, but don’t forget there’s a lot of money in promising.
March 20, 2014 at 2:38 pm in reply to: The Bank of England Lights A Fuse Under the Field of Economics #11866Raúl Ilargi Meijer
KeymasterOnly vote for a party that vows to eliminate private banks under the current economic model of central banks. Am I missing something?
Yeah, there are no such parties anywhere. Beppe Grillo probably comes closest.
Also, banks don’t only not contribute much, they suck away a very substantial part of the value of real production in an economy.
March 18, 2014 at 7:18 pm in reply to: Debt Rattle Mar 18 2014: The Deep Dark Forest And The Crippled Trees #11841Raúl Ilargi Meijer
KeymasterYeah, exactly, Ken, this graph from a while back depicts that quite well:

Raúl Ilargi Meijer
KeymasterOr is it: One petagram means 10 to the fifteenth power, i.e. 6 petagrams is equal to 6 billion tons.
Raúl Ilargi Meijer
KeymasterThat’s hilarious, carb.
Edited it: [ Ed: The current global carbon export flux caused by sinking particles in oceans stands at 6 petagrams per year. A petagram is a quadrillion grams, or about 1.1 billion US tons. Annual global carbon emissions from fossil fuels stands at about 9 petagrams. ]
March 13, 2014 at 4:49 pm in reply to: Debt Rattle Mar13 2014: The Demise Of The Ponzi Democracy #11773Raúl Ilargi Meijer
KeymasterJal
Not a dime of stimulus has gone towards the people so far. But you think central banks and cabinets would do a 180?! I think maybe if they’d had any such intentions, they would have acted that way long before.
March 7, 2014 at 5:50 pm in reply to: Debt Rattle Mar 7 2014: The US Economy’s Volatile Inertia #11657Raúl Ilargi Meijer
KeymasterRaleigh et al,
I didn’t mean no deep state (if anything, more of course that exists, so why make it a topic), but when I see him claiming the deep state is fighting the banks, I want to see proof, since from where I’m sitting it’s at least as likely the banks are the deep state.
Didn’t mean all of your opinions in one go either, but a few words on what you think about the quotes you post when you post them, makes them more interesting in my view. Not that what you wrote now is not appreciated. I appreciate everyone’s posts here a lot, and find it a shame the discussion and participants don’t expand more, like in our Blogger days. Maybe the machine has to start huffing and puffing for real again to get there.
As for the repetition topic, I think that is probably largely in the eye of the beholder. If you don’t like hockey, or soccer, or football, or Formula 1, or figure skating, all these things easily get to appear extremely repetitive, but obviously not for everyone.
And yeah, it would be good if Nicole returns on a more regular basis to the site, I fully agree.
March 7, 2014 at 5:48 pm in reply to: Debt Rattle Mar 5 2014: Time A For A Little Down Time In America #11656Raúl Ilargi Meijer
KeymasterRaleigh et al,
I didn’t mean no deep state (if anything, more of course that exists, so why make it a topic), but when I see him claiming the deep state is fighting the banks, I want to see proof, since from where I’m sitting it’s at least as likely the banks are the deep state.
Didn’t mean all of your opinions in one go either, but a few words on what you think about the quotes you post when you post them, makes them more interesting in my view. Not that what you wrote now is not appreciated. I appreciate everyone’s posts here a lot, and find it a shame the discussion and participants don’t expand more, like in our Blogger days. Maybe the machine has to start huffing and puffing for real again to get there.
As for the repetition topic, I think that is probably largely in the eye of the beholder. If you don’t like hockey, or soccer, or football, or Formula 1, or figure skating, all these things easily get to appear extremely repetitive, but obviously not for everyone.
And yeah, it would be good if Nicole returns on a more regular basis to the site, I fully agree.
March 6, 2014 at 1:03 pm in reply to: Debt Rattle Mar 5 2014: Time A For A Little Down Time In America #11623Raúl Ilargi Meijer
KeymasterRaleigh,
I’m not terribly impressed by CH Smith’s deep state narrative, and I think it’s pretty much nonsense to claim that the deep state fights the banking system. As for Russia’s power waning due to LNG, that to me shows someone who’s not very literate when it comes to energy.
As for you yourself, I’d be more interested in your own opinions than a constant flow of articles from third parties. At least combine the two, I’d say.
Raúl Ilargi Meijer
Keymaster… today you berate the UK politicians for not ensuring capital investment and therefore further exploitation of fossil fuels by big oil
Excuse me? That looks like left field and a half.
Raúl Ilargi Meijer
Keymastercaper,
Please disregard the inflation stuff you read in the comments here. It’s hard for people to let sink in, now as it was years ago, though even simple price rises are slowing to say the least, let alone actual inflation, but, as The Automatic Earth has said through those years, a debt bubble must always lead to deflation, and a bigger one to deeper deflation. Sometimes it’s the easiest things that are hardest to process.
February 19, 2014 at 1:30 pm in reply to: Debt Rattle Feb 18 2014: The Best And Brightest Among Us Are Not #11413Raúl Ilargi Meijer
KeymasterHey caper, welcome. Thanks for your order. What I find hard at times is the continuing nonsense and illusions that reign the day. I think it would be much more helpful for us all to face up to our losses. Nicole won’t be in the maritimes in the near future, but perhaps later. And no, that”s not the worst part of the world to be when the whip comes down.
February 18, 2014 at 4:39 pm in reply to: Debt Rattle Feb 18 2014: The Best And Brightest Among Us Are Not #11398Raúl Ilargi Meijer
KeymasterFirst, apologies to ted and Professor L&L, whose IPs were both rejected by our spam detection systems. I have no idea why. It’s an aggressive bunch, and g-d knows we need that (43699 Cached Bad IPs. all good for maybe a thousand attempts), the attacks remain insane, but throwing out regular commenters seems weird. The system now says for both “Cached Bad IP”, but only after accepting registration and tons of comments from that same IP for months.
I whitelisted their IPs, it should be fine now. If this happens to anyone else, plaese notify me at contact •at• theautomaticearth •dot• com
February 15, 2014 at 2:22 pm in reply to: Debt Rattle Valentine’s 2014: Inequality Leads to War and Crisis #11319Raúl Ilargi Meijer
KeymasterQuite a few good observations. What I was going for is:
1) It’s not so much a matter of political or ethical leanings, low (income) tax rates are evidently disruptive to societies. They must be, because they coincide with unemployment, low pay for workers, misery. While higher rates are conducive to prosperity. It’s simply what history says. But in today’s discussion, it’s often perceived as counter-intuitive.
2) Current US income tax rates are terribly low from a historical point of view. It’s important that people keep themselves from accepting them as “normal”. They’re not. At all. They haven’t been this low in over 80 years, and times with higher rates have consistently been more prosperous.
Other than that, yes, capital gains taxes need to be raised in sync with income taxes, since they involve income.
And it’s undoubtedly true that virtual money sloshing around in a system sticks to the top more than the bottom. And it doesn’t stop there: while sloshing around, it moves money from the bottom to the top, by mixing real with virtual. I’ve clamored for restructuring of all bank debt a thousand times, precisely because of this. The virtual money doesn’t just come from what central banks issue as stimulus, it also includes all the – often years old – lost wagers that haven’t been settled because banks are exempt from “normal” accounting.
The entire picture, when viewed as a whole, is guaranteed to blow up societies.
February 14, 2014 at 7:55 pm in reply to: Debt Rattle Valentine’s 2014: Inequality Leads to War and Crisis #11306Raúl Ilargi Meijer
Keymaster“I would like to see what was happening in terms of monetary policy, interest rates and inflation/deflation at all of those times you’ve highlighted, Ilargi. “
There’s your homework for the weekend, Variable.
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