jal
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Enjoy what you have. Merry Christmas.
We exist in a global, complex, dependent, social, financial, structure.
China is building a modern day pyramid. This will increase the accumulated wealth of a few of the wealthy. This will employ some of the idle oil workers and increase oil consumption.
https://news.yahoo.com/construction-begin-controversial-nicaragua-canal-003625983.html
Construction will begin with the first access roads at the mouth of the Brito River on the Central American country’s Pacific coast.
Wang’s Hong Kong Nicaragua Development Investment (HKND) company says 300 workers will build the roads and a port, the first of 50,000 people who will be hired to construct the massive 280-kilometer waterway connecting the Pacific Ocean and the Caribbean Sea.Its time to plan your future.
Where will you install your tourist booth and learn the art of being “a money changer”?I had a financial advisor, emphasized, HAD, who said, “I don’t care how many people stop using financial advise. There is always someon new coming in.”
Great skim/skaming
Here is what you can do when you can print money.
https://news.yahoo.com/construction-begin-controversial-nicaragua-canal-003625983.html
Construction will begin with the first access roads at the mouth of the Brito River on the Central American country’s Pacific coast.
Wang’s Hong Kong Nicaragua Development Investment (HKND) company says 300 workers will build the roads and a port, the first of 50,000 people who will be hired to construct the massive 280-kilometer waterway connecting the Pacific Ocean and the Caribbean Sea.
Last year, Ortega’s allies in Congress fast-tracked legislation granting HKND a 50-year concession, renewable for another 50, to build and operate a canal in return for a payment of $10 million a year once it’s up and running. The law lets HKND develop ancillary projects — ports, an airport, roads, a railway — even if it doesn’t get built.
https://hknd-group.com/portal.php?mod=list&catid=36
The integrated Nicaragua Grand Canal project will include the following 6 sub projects: Canal (including locks), 2 Ports, a Free Trade Zone, Holiday Resorts, an International Airport and several roads. In addition, there will be construction of a power station, cement factory, steel factory and other related facilities to ensure the successful completion of the canal within 5 years.https://america.aljazeera.com/articles/2014/12/22/nicaragua-canal-tobreakgroundamidangerskepticism.html
Workers were set to break ground Monday for the construction of Nicaragua’s controversial $50 billion canal linking the Pacific Ocean and the Caribbean Sea. The mega-project — widely reported as the world’s largest civil engineering enterprise
Construction was set to begin at the mouth of the Brito river on Nicaragua’s Pacific coast. If completed, the canal will then run across Lake Nicaragua, through rainforest and at least 40 villages requiring resettlement. The canal will then terminate at the mouth of river Punta Gorda in the southern Caribbean.
Rather than dredge the lakebed to make it deep enough for large vessels, Talavera said, the project will use machines to suction the soil in order to keep upturned sediment from clouding the water and shutting down photosynthesis.… but it’s a metaphor
… But do let’s put it in perspective:… who cares about living in Kansas
… We’re watching, in real time, the end of the fake reality created by the central banks.Only people with wealth live in Kansas
If my wealthy master does not/cannot take care of me I will be obliged to leave to find a wealthy master that can/will take care of meInstead of leaving, some people want to impose pain on their wealthy masters by attacking and killing their children. (140?)
Delusions
… $300 trillion in derivatives on American taxpayers’ shoulders.
The bankers don’t have the money to pay so they think that the people have the money to pay
hahahahahahahhaThe people dont even have enough money to pay for the premiums on $300 trillion in derivatives
Some American travelers put a Canadian flag on their backpack
and they think that nobody can recognize them as Americans
The system will not crash. That would be like saying that the rich and powerful will lose everything and join everyone under the overpass.
There will be some very hungry people waiting for a hand out of a share of long pork.@ Ken Barrows
ISIS is (apparently), selling oil at a positive cash flow, ($30).
If you make the original owners, (producers), eat their investment then you can sell the oil at a profit.
The seller doesn’t care what is the production cost. The seller doesn’t care if the price of oil is causing you pain.
All the seller cares about is making a profit. The more the better.Price of oil fell $40.00 a barrel
They are still producing and selling.
They sure milked us for long time at $100.00+Arthur Rothstein: Interior of migratory fruit worker’s tent, Yakima, Washington Jul 1936
Since that picture, The fruit workers have been living in “macmansions”.
Times up!
Everyone will move back to living under the overpass.
One step forward 2 steps back.
(huck is not allowed to live under “our” overpass) 😉
@ huckleberryfinn
Those who “have” need to worry about inflation and deflation.
I “have” nothing.
I don’t worry.
Your comments indicate that you worry?@ Ken
heheh Right. The numbers are not coming out of my a**What are the upstream cost for ISIS?
Right.
Who lost their upstream investments?
No wonder that there is such a push to get rid of ISIS. Always follow the money to get an understanding of a complex line of bullshit.https://english.alarabiya.net/en/perspective/analysis/2014/11/27/ISIS-oil-wealth-U-S-allies-work-to-stem-its-growth.html
In Iraq alone, ISIS has taken oil from Qayyarah oil field by Mosul, Ajil and Hamrin fields by Tikrit and Qoshtapa by Erbil. Reports estimate that by the end of June of 2014, 20,000 barrels of oil had been smuggled from Ajil and was traded at $25 to $60 per barrel, where it would typically sell for around $100 a barrel. The trading and selling price of ISIS oil is well below market price, making it extremely tempting for buyers, while still bringing in enough money to comfortably finance the terror group.
https://edition.cnn.com/2014/09/22/business/isis-oil-luay-al-khatteeb/Now, U.S. airstrikes have hit locations in eastern Syria where ISIS has been using mobile refineries to produce oil. CNN has revisited the conversation to find out the likely impact of the strikes. This is al-Khatteeb’s analysis of the situation.
It makes sense to target the refineries rather than the oil fields, as the crude can’t be used to drive the tankers. The crude can be sold but the refined oil is much more valuable.ISIS, in control of a large swathe of eastern Syria, is now handling 60% of the country’s oil assets and producing 50,000 barrels a day.
ISIS can sell oil for a long time with their low upstream cost.
How low can the price of oil go!!!
Here is more info on oil.https://www.eia.gov/tools/faqs/faq.cfm?id=367&t=6
How much does it cost to produce crude oil and natural gas?A measure of the total cost to produce crude oil and natural gas is the upstream costs. The upstream cost includes lifting and finding costs.
If a oil producer goes bankrupt and is bough out then the upstream cost will change. What will be relevant will be the NEW financial cost and the NEW lifting cost.
The lifting cost could be as low as $10.00 a barrel.
Oil could be flowing for a long time at $10.00 upstream cost.Price of oil is falling because there is too much supply.
Who were the biggest buyer of oil?
China? India? Have they stopped buying? Why? Do they have more oil than they need?
If they are not using as much oil, did they shut down their mfg?So many questions. So few answers.
@ tob
dammmm!
things are going to get interesting. nobody wants to be the first one to give up their lifestylePrice of oil goes down by 50% then sell 50% more oil.
“Drill baby drill”
I saw a blogger saying, “American Spring”
I prefer, “American Fall”“We can have good jobs for everyone, all it takes is to have what we need, produced in our own communities and societies, instead of having it shipped over from China.”
Cough cough …
take from Peter to pay Paul.
Lets move the misery to China. It cannot come back to bite us.
cough … cough
Re.: picture
Truck service station on US 1, NY Avenue, Washington DC Jun 1940If you can answer why there are so many empty oil cans at the gas pump, you might be giving away your age.
https://www.cbc.ca/news/world/stephen-harper-at-g20-tells-vladimir-putin-to-get-out-of-ukraine-1.2836382
2892 Comments
(I’ll keep my comments to myself and reserve them for a serious situation)Stephen Harper had a showdown with Vladimir Putin on Saturday, telling the Russian leader to “get out of Ukraine” in a dustup at the Group of 20 summit in Australia.
Harper’s spokesman, Jason MacDonald, said the prime minister was speaking to a group of G20 leaders at a private leaders’ retreat on Saturday morning when Putin approached and extended his hand.
MacDonald said Harper told Putin: “I guess I’ll shake your hand but I have only one thing to say to you: You need to get out of Ukraine.”According to MacDonald, Putin did not respond positively. He didn’t provide further details.
But a spokesman for the Russian delegation said Putin’s response was: “That’s impossible because we are not there.”Is this something that will affect the USA $
https://www.torontosun.com/2014/11/08/canada-signs-china-trade-deals-raises-case-of-two-detained-canadiansThe headline deal was an agreement between China’s and Canada’s central banks to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion.
That will help set up a clearing bank, and allow the two banks to swap currencies if needed to ease trade and investment. The yuan clearing bank would be the first in the Americas, and allow Canadian financial institutions to use it to process payments for their customers in yuan.
Saying NO to the poor is easy.
Vote for anyone who can say NO to the rich and powerfull.
If the politicians could say NO then you would have a balanced budget with no deficit.
Who’s in mom’s basement?
The 2.5 kids
The 2.5 gran kids
The 1.25 spouses ( 50% divorced)
The 1.25 lovers
The 2 pet dogs and 1/2 cat
Mom’s ex and a current loverand
nobody is paying rent
Everybody loves their mom, (if she’s lucky enough to have a basement)
You don’t have to live in your car.
Build a house you can afford.
Here is your starter home building plan.SEE …
No shit!!! No vomit!!! No problem!!!• ‘Stunning’ Fed Move Put Bottom Under Stocks (CNBC)
Wake up.
Stop using the expression, “TOO BIG TO FAIL BANK”
THE TRUTH IS, “TOO BIG TO FAIL INVESTOR”—–
Health is the wealth that will keep you in the lucky 40%Here is one that I like.
“President Barack Obama’s administration, which had resisted private financing of public works, is starting a new center to serve as a one-stop shop for bringing capital into government projects. During a Sept. 9 infrastructure conference with investors, U.S. Treasury Secretary Jacob J. Lew said while direct federal spending is indispensable in such cases, tight budgets demand creative ways for unlocking private money.”
Who has money/access to low interest loans?
Who wants to make money work for them?I’m sure that the rich of ancient civilizations used their accumulated food wealth/surpluses/money/gold to feed their lowly paid workers/slaves to build infrastructures that would increase their cash flow.
Ebola patient goes to the bathroom. Straigtens his clothes., then washes his/her hands.
Are the Ebola virus on his clothes?
How long will the Ebola virus survive when it isn’t inside a body?
https://www.vox.com/2014/10/1/6878695/ebola-virus-outbreak-symptoms
6) You can get Ebola through contact with an infected surface. Though Ebola is easily killed with disinfectants like bleach, if it isn’t caught, it can live outside the body on, say, a doorknob or counter top, for several hours. In body fluids, like blood, the virus can survive for several days. So you’d need to touch an infected surface, and then put your hands in your mouth and eyes.@ TheTrivium4TW
You did a good job of picking up the torch.Simple answers need repetition.
Thanksmy Q.: What would be the consequences?
your A: You are living in the consequences… just look around.
I assume that you mean more than my 100 km radius.I have a question about printing money.
If I print money and lend it to you, You will give me a cash flow to pay back the loan with interest. If I wasn’t a good loan officer, I would have taken no colateral or bad colateral that I could seize if you were to default and not continue the cash flow.
The assets that I would seize would enrich me for a second time.
I printed the money … I don’t need to pay it back to anybody.
I would think that the central banks would also make sure to be in the position of not paying anyone for the money that they printed.
What would be the consequences?
“ … those who have accumulated all that power in their few handfuls of hands, will be extremely reluctant to give up even a few crumbs of it.”
Power means controlling cash/oil flow.
A few questions about I.S.I.S.
Did I.S.I.S. attack a private well-to-do girl school, kidnap and probable turn those virgin girls into sex slaves to make a claim on the oil revenues? ( Nigeria schoolgirls kidnapped by Boko Haram militants)
https://en.wikipedia.org/wiki/Nigeria#EconomyDid I.S.I.S. attack villages and kill and mutilated 1,000’s of men women and children for oil revenues.
https://www.un.org/apps/news/story.asp?NewsID=33310&Cr=LRA&Cr1#.VBc8MxxbxCc
21 December 2009 – In a 10-month rampage of killings, rape and mutilation in neighbouring countries that may constitute war crimes and crimes against humanity, the rebel Ugandan Lord’s Resistance Army (LRA), has killed some 1,300 civilians, abducted 1,400 more, including hundreds of children and women, and displaced nearly 300,000 others, the United Nations reported today.
Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizeable mineral deposits of copper and cobalt. The country has largely untapped reserves of both crude oil and natural gas.Did I.S.I.S. do something worst to get the western world so upset?
Yep!
Its selling oil for $40.00 a barrel when the agreed selling price is closer to $100.00 per barrel? Its destroying the revenue stream of all the other oil producers.
https://www.zerohedge.com/news/2014-09-15/petrodollar-panic-eu-officials-admit-buying-oil-isis
Petrodollar Panic: EU Officials Admit Buying Oil From ISIS@Illargi
You said, …They’ve spent trillions of dollars backed, in the end, by American taxpayers, …
We’re in for big surprises …
But it can suck a lot of wealth out of it.The tax payers,( at least 75% of them) cannot bleed anymore they are dry as stones.
The sucking of wealth will have to come from the remaning rich 20%.Put up your hand if that is you who is next in line.
“the most pressing problems facing capitalism is that there are way too many knowledgeable, smart people to make any ism work.”
Classical Capitalism Devolved To Crony-Capitalism?
https://www.zerohedge.com/news/2014-09-11/why-has-classical-capitalism-devolved-crony-capitalism
Everyone who pursues prudent risk management has either been fired or saw the writing on the wall and exited stage right. So the only people left at the gaming tables of the big institutional players are those individuals who are genetically incapable of responding appropriately to rising risk. Those who did have long been fired for “underperformance.”The EU is not an unfinished, but a failed project. It wasn’t, and isn’t, based on values and ideals, but on money.
Any legitimate reform will require dismantling crony-capitalist/state-cartel arrangements. Since that would hurt those at the top of the wealth/power pyramid, reform is politically impossible.Therefore be cooperative, support the status quo, do not desire or strive for change ….
OTHERWISE YOU WILL GET A REPUTATION OF BEING
a rebels, revolutionaries, saboteurs, anarchists, ISIS, “terrorists”, and have your reputation smeared for massacres, atrocities, war crimes, secession, treason, sociopathic behavior, separatists.THEREFORE, THE U.S.A. WILL DECLARE WAR UPON YOU.
DUHHHHHHH.
===Newfoundland declares war on the U.S.A.
President Barack Obama was in the Oval Office when his telephone rang.
“Hallo, President Obama ” a heavily accented voice said. “This is Archie, up ere at the Harp Seal Pub in Badger’s Cove , Newfoundland , Canada , eh? I am callin’ to tells ya dat we are officially declaring war on ya!”
“Well Archie,” Barack replied, “This is indeed important news ! How big is your army ?”
“Right now,” said Archie, after a moments calculation “there is myself, me cousin Harold , me next-door-neighbor Mick, and the whole dart team from the pub. That makes eight!”
Barack paused. “I must tell you Archie that I have one million men in my army waiting to move on my command.”
“Wow,” said Archie. “I’ll have ta call ya back!” Sure enough, the next day, Archie called again. ” Mr. Obama , the war is still on! We have managed to acquire some infantry equipment!”
“And what equipment would that be Archie?” Barack asked.
“Well sir, we have two combines, a bulldozer, and Harry ‘s farm tractor.”
President Obama sighed. “I must tell you Archie, that I have 16,000 tanks and 14,000 armored personnel carriers. Also I’ve increased my army to one and a half million since we last spoke.”
“Lord above”, said Archie, “I’ll be getting back to ya.”
Sure enough, Archie rang again the next day.. ” President Obama , the war is still on! We have managed to git ourselves airborne! We up an’ modified Harrigan’s ultra-light wit a couple of shotguns in the cockpit, and four boys from the Legion have joined us as well!”
Barack was silent for a minute then cleared his throat. “I must tell you Archie that I have 10,000 bombers and 20,000 fighter planes. My military complex is surrounded by laser-guided, surface-to-air missile sites. And since we last spoke, I’ve increased my army to TWO MILLION!”
“Jumpins,” said Archie, “l’ll have ta call youse back.”
Sure enough, Archie called again the next day. ” President Obama ! I am sorry to have to tell you dat we have had to call off dis ‘ere war.”
“I’m sorry to hear that” said Barack . “Why the sudden change of heart?”
Well, sir,” said Archie, “we’ve all sat ourselves down and had a long chat over a bunch of pints, and come to realize dat dere’s no way we can feed two million prisoners..”“… it doesn’t look to me if there’s any way of stopping from moving across Africa now. ”
Will prayers and imploring to a “god” save me when the prayers of so many others have been ignored?
( There’s one missionary lady who claims that her prayers saved her.)What is the best option ???? ( for the person asking the question)
Will I be A big fish in a big pond…
Will I be A big fish in a little pond …
???@ TheTrivium4TW
“Defining terms as exactly as possible is a requirement”A requirement – to get a proper understanding of how our socio/economic system function?
Those who are interested in knowing, are not the same people who can change what is going to happen. You said it, ” The coin has two heads…”
“They” are not going to let you or anyone else change the coin or to change the game.The web is spreading knowledge.
If a person is alone on a desert island, what kind of ism will s/he practice?
What does that person need for any ism to function?
I’ll start off your thinking by saying “the most pressing problems facing capitalism is that there are way too many knowledgeable, smart people to make any ism work.”
