kibbinayye

 
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  • in reply to: The Dynamics of Depletion #34775

    kibbinayye
    Participant

    Are you underestimating the amount of net energy yield from renewables? Are you overestimating the costs? Take solar for example. If technology advances enough to increase the ability to both capture and store energy, the yield would improve dramatically. Maybe not enough to save the world in the long run. You don’t need to be a spreadsheet expert to see that.

    I believe there at too many people in the world and that we could be in big trouble on an energy level in the next 50 years. Not sure about 2030. Of course, pollution and wars would take care of many people along the way.

    in reply to: An Unintentional Sabbatical #28100

    kibbinayye
    Participant

    Get better soon. Sorry for all you’re going through.

    in reply to: Europe’s Refugees Are A Global Crisis #24050

    kibbinayye
    Participant

    Thank you Dr Diablo for saving me from writing so much. Great commentary. I was going to write 75% of what you wrote till I saw your note. ☺️

    in reply to: Eulogy for Johanna #23988

    kibbinayye
    Participant

    Raul,

    My deepest condolences and sympathies for your loss. I will keep you in my prayers during this difficult time.

    May her soul rest in peace.

    in reply to: China And The New World Disorder #22932

    kibbinayye
    Participant

    Thank you Nicole for this extensive post!

    It seems logical to hold cash or equivalent in a deflationary environment. However, how would you hold it and where? Do you carry USD, Swiss francs, or a combo of currencies? T bills? Other?

    Would you keep money in the banks? Aren’t the banks at risk of collapsing or you losing money via bail-ins?

    What if you are outside the United States? Especially in a country that is maintaining a USD currency peg.

    So many questions… Things are not looking good out there.

    Thank you!

    in reply to: Grandma Yellen And The Mushroom Cloud On The Horizon #15585

    kibbinayye
    Participant

    Thanks @Raul!

    I guess you would recommend the same (gov’t bonds) for those who are outside USA!? Since there is a low/no probability of default.

    in reply to: Grandma Yellen And The Mushroom Cloud On The Horizon #15582

    kibbinayye
    Participant

    @Arnold

    Thank you for your response. Will make a very short list of countries. Canada, eh?

    I agree with you on Warren.

    in reply to: Grandma Yellen And The Mushroom Cloud On The Horizon #15568

    kibbinayye
    Participant

    You say to collect “belongings outside the reach of the ‘system’ … And watch the sky.”

    If you have US dollars saved, where would you keep them? As USD gets stronger, the most logical place to leave them is in a bank given the expected asset deflation. Are not banks part of the system?

    Do you recommend certain countries whose banks are better than others given the system? Should these dollars be transferred today to JP Morgan from emerging markets? Because holding assets given your logic is not logical. Gold? Silver? Combo of everything?

    The system is everywhere.

Viewing 8 posts - 1 through 8 (of 8 total)