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  • in reply to: Debt Rattle December 30 2015 #25987

    Damn, can’t upload the screen capture. Try this:

    2,000,000 barrels
    35 $/barrel
    70,000,000 value of oil per tanker
    65,000 Daily rent
    0.093% % of value
    34% % of value/yr

    2,000,000 barrels
    20 $/barrel
    40,000,000 value of oil per tanker
    65,000 Daily rent
    0.163% % of value
    59% % of value/yr

    in reply to: Debt Rattle December 30 2015 #25986

    Regarding “Oil Crash Is Giving Ship Owners a Billion-Dollar Windfall (BBG)” article: Doesn’t take very many days at sea to wipe substantial value from these floating oil storage vessels…

    in reply to: Debt Rattle December 30 2015 #25985

    Regarding “Oil Crash Is Giving Ship Owners a Billion-Dollar Windfall (BBG)” article: Doesn’t take very many days at sea to wipe substantial value from these floating oil storage vessels…

    in reply to: Debt Rattle Sep 2 2014: This Is As Big As We Will Get #14957

    Never heard an angle sing… 😉

    Great article.

    A little ironic that the banks are getting upset about multiple claims on inventory, when their entire ‘fractional reserve’ business model is exactly that..?

    in reply to: Spiritual Musings on Collapse #5567
    in reply to: Spiritual Musings on Collapse #5566

    Hi Ashvin,

    I’ve greatly appreciated your musings on this site since I started reading it, and have found it intrigueing to ponder where your relationship with God was, especially in recent months. I’ve been actively looking for people who are pondering the circumstances we find ourselves in from a spiritual position, and very much look forward to reading your further work in this direction.

    To those on this blog who are quick to dismiss Ashvins step change in focus as the ranting of a madmad, I would offer a few resources to ponder: – Orthodoxy by GK Chesterton. A great book about the journey to the outer reaches of humanistic modern philisophical thought, where the author finds himself on well trodden trails. – There are many mental paths that can lead to madness, and foremost among these is trying to create reason of the impenetrable, mysterious, perhaps even ineffable conundrums that we face daily.
    I’d also offer the observation that perhaps we need to undergo a mental collapse of some sort, particularly with regard to self-reliance, in order to accept the change underway, and look with an open mind at the possibilities on offer (as JMG points out in I know I’ve felt that I’m undergoing something akin to this personally and feel better placed, having come through a period of doomer-gloom similar to that Ashvin described above, and I’ve been very glad of the hope that my faith offered through this ‘dark night of the soul’. I’d also observe that the denial prevalent in our society regarding the inevitability of some of the topics under contemplation on this and related blogs is some form of mental illness in itself.

    I’m reminded of the following passage from THHGTTG:
    ” Though his throat was sore again from his early morning yell of horror, he was suddenly in a terrifically good mood. He wrapped his dilapidated dressing gown tightly around him and beamed at the bright morning.

    The air was clear and scented, the breeze flitted lightly through the tall grass around his cave, the birds were chirruping at each other, the butterflies were flitting about prettily, and the whole of nature seemed to be conspiring to be as pleasant as it possibly could.

    It wasn’t all the pastoral delights that were making Arthur feel so cheery, though. He had just had a wonderful idea about how to cope with the terrible lonely isolation, the nightmares, the failure of all his attempts at horticulture, and the sheer futurelessness and futility of his life here on prehistoric Earth, which was that he would go mad.

    He beamed again and took a bite out of a rabbit leg left over from his supper. He chewed happily for a few moments and then decided formally to announce his decision.

    He stood up straight and looked the world squarely in the fields and hills. To add weight to his words he stuck the rabbit bone in his hair. He spread his arms out wide.

    “I will go mad!” he announced.

    “Good idea,” said Ford Prefect, clambering down from the rock on which he had been sitting.

    Arthur’s brain somersaulted. His jaw did press-ups.

    “I went mad for a while,” said Ford, “did me no end of good.”

    “You see,” said Ford, “— …”

    “Where have you been?” interrupted Arthur, now that his head had finished working out.

    “Around,” said Ford, “around and about.” He grinned in what he accurately judged to be an infuriating manner. “I just took my mind off the hook for a bit. I reckoned that if the world wanted me badly enough it would call back. It did.” “

    The above quote I like for it’s humour (you may have to view it in context to ‘get it’) and also for the notion that isolation can be potentially far more metally toxic and destabilising than community. As such, whatever your personal views / experience of church life, I hope people can see that there’s some truth in a thought I heard expressed in the last couple of years – the church is the modern custodian of living in community. We all have much to learn from faith communities that choose to live in closer relationship than is the societal norm, as there are not many other places where such a diverse group of people, from all walks of life are drawn together to try and live as a tribe. As it’s often pointed out in the ‘doomersphere’ there are many who perceive that localism and therefore living in far closer relationship than we’re used to in materially wealthy societies is an inevitable consequence of collapse. There are many churches today where it’s more important that you belong, than believe or behave (particularly if they have a strong focus on God’s grace – great teaching in the astronomical grace series here:, and I’d encourage those interested to seek out such groups as a ‘crash course’ in community.

    For those more inclined to dismiss Ashvin’s musings as obviously unscientific, and therefore of no interest, I offer the following: – apply some scientific rigour to evidence and proof around christianity, and particularly the hot potato that is evolution / creation. I’ve not been able to pick major holes in it, but my knowledge of the current science is lacking a bit.
    Along with the above, i would point out that in much of the comment submitted by many of the most thoughtful contributors to TAE demonstrate lines of reasoning that would indicate a spiritual perspective is at least a consideration, if not primary motivation. If you’ve derived value from the discussion, as I know I have, I would ask that you consider how much you value truth, whatever it’s source, and why you might have an urge to ‘throw the baby out with the bathwater’..

    I would offer the following blog/book as an interesting lead in the search for further revelation / inspiration as to spiritual influences to collapse. Whilst I felt he focused a bit too much on one aspect of relationship with God (holy communion), I found much that was enlightening, and particularly liked the reference to the prophet Jeremiah and the parallels that can be drawn between the time he lived in and our own. JMG seems interested, judging by his comment on the page, and I hope it’s of use to you.

    Finally, Ashvin, I’ve no idea as to your musical tastes, but these guys ( have some serious ‘lyrical theology’ that has been a source of comfort and help to me, even if I’m not 100% in agreement.

    Grace and Peace to all the readers of this comment!

    in reply to: Ruminations: Faith and Humanity #4030

    TheTrivium4TW post=3575 wrote: Requirements for a reasonably decent long term existent include, IMHO:

    1. A correctly calibrated value system.
    2. The desire to care about others equal (not more, not less) than oneself.

    BTW, that’s the Bible in two sentences – so it isn’t original thought on my part.

    Neither of those things will happen, so humanity is absolutely doomed… except for the supernatural intervention of on who possesses…

    1. A correctly calibrated value system.
    2. The desire to care about others equal (not more, not less) than oneself.

    Again, not original to me.


    Nothing new under the sun…

    1 Surely God is good to Israel,
    to those who are pure in heart.

    2 But as for me, my feet had almost slipped;
    I had nearly lost my foothold.
    3 For I envied the arrogant
    when I saw the prosperity of the wicked.

    4 They have no struggles;
    their bodies are healthy and strong.[a]
    5 They are free from common human burdens;
    they are not plagued by human ills.
    6 Therefore pride is their necklace;
    they clothe themselves with violence.
    7 From their callous hearts comes iniquity[b];
    their evil imaginations have no limits.
    8 They scoff, and speak with malice;
    with arrogance they threaten oppression.
    9 Their mouths lay claim to heaven,
    and their tongues take possession of the earth.
    10 Therefore their people turn to them
    and drink up waters in abundance.[c]
    11 They say, “How would God know?
    Does the Most High know anything?”

    12 This is what the wicked are like—
    always free of care, they go on amassing wealth.

    13 Surely in vain I have kept my heart pure
    and have washed my hands in innocence.
    14 All day long I have been afflicted,
    and every morning brings new punishments.

    15 If I had spoken out like that,
    I would have betrayed your children.
    16 When I tried to understand all this,
    it troubled me deeply
    17 till I entered the sanctuary of God;
    then I understood their final destiny.

    18 Surely you place them on slippery ground;
    you cast them down to ruin.
    19 How suddenly are they destroyed,
    completely swept away by terrors!
    20 They are like a dream when one awakes;
    when you arise, Lord,
    you will despise them as fantasies.

    21 When my heart was grieved
    and my spirit embittered,
    22 I was senseless and ignorant;
    I was a brute beast before you.

    23 Yet I am always with you;
    you hold me by my right hand.
    24 You guide me with your counsel,
    and afterward you will take me into glory.
    25 Whom have I in heaven but you?
    And earth has nothing I desire besides you.
    26 My flesh and my heart may fail,
    but God is the strength of my heart
    and my portion forever.

    27 Those who are far from you will perish;
    you destroy all who are unfaithful to you.
    28 But as for me, it is good to be near God.
    I have made the Sovereign Lord my refuge;
    I will tell of all your deeds.

    in reply to: The Central Banks are Irrelevant #2530

    ex VRWC post=2132 wrote: Central banks get a pass on their role.

    Which is because neo-classical economic theory states that banks don’t exist / have no effect if I’m not mistaken…?

Viewing 9 posts - 1 through 9 (of 9 total)