zerosum
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don’t forget part #2
https://www.peakprosperity.com/blog/113569/2017-year-review-part-2There is a lot more that illustrate the may lalalands
“… any system displaced from equilibrium tends to return to equilibrium….”
Question???
Does the fulcrum move to keep the system in equilibrium?
Does inflation move the fulcrum?ful·crum
[ˈfo͝olkrəm, ˈfəlkrəm]NOUN
the point on which a lever rests or is supported and on which it pivots.
a thing that plays a central or essential role in an activity, event, or situation:I’m still reading.
https://www.peakprosperity.com/blog/113568/2017-year-review
2017 Year In Review
Markets fiddle while Rome burns
by David Collum
Friday, December 22, 2017, 3:15 PMI’m discovering that there are many lalalands
There is no way out of lalaland.
https://en.wikipedia.org/wiki/Klein_bottle
it is a one-sided surface which, if traveled upon, could be followed back to the point of origin while flipping the traveler upside down. Other related non-orientable objects include the Möbius strip and the real projective plane. Whereas a Möbius strip is a surface with boundary, a Klein bottle has no boundary (for comparison, a sphere is an orientable surface with no boundary).
Definition of la-la land
a euphoric dreamlike mental state detached from the harsher realities of life
Definition of euphoric/euphoria
Euphoria ( /juːˈfɔːriə/ ( listen)) is an affective state in which a person experiences pleasure or excitement and intense feelings of well-being and happiness.
https://en.wikipedia.org/wiki/Sleep
Sleep is a naturally recurring state of mind and body, characterized by altered consciousness, relatively inhibited sensory activity, inhibition of nearly all voluntary muscles, and reduced interactions with surroundings.[1] It is distinguished from wakefulness by a decreased ability to react to stimuli, but is more easily reversed than the state of being comatose. Sleep occurs in repeating periods, in which the body alternates between two distinct modes known as non-REM and REM sleep. Although REM stands for “rapid eye movement”, this mode of sleep has many other aspects, including virtual paralysis of the body. A well-known feature of sleep is the dream, an experience typically recounted in narrative form, which resembles waking life while in progress, but which usually can later be distinguished as fantasy.
My preferred state of sleep is to escape to spacetime.
War with NK is hot air.
The USA military establishment does not need a war to get money from the printing press.
We don’t need a nuclear winter.
Regular winters are cold enough.
We can do without the resulting radiation to warm our appendages.I found this analysis interesting.
https://www.zerohedge.com/news/2017-12-16/debunking-myths-about-attack-north-korea
I looked deeperDebunking the flagwaving myths about an attack on North Korea
I looked even deeper
https://www.unz.com/tsaker/debunking-the-flagwaving-myths-about-an-attack-on-north-korea/
The Unz Review: An Alternative Media SelectionA Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
Well!!!, zero hedge, copied it.
I suppose that this means that zero hedge is not mainstream mediaIt’s difficult to find the truth when it comes to the military.
https://www.yahoo.com/news/russias-military-presence-syria-191522363.html
AFP•November 24, 2017
Russia’s military presence in Syria
The Russian military says it has begun scaling back its deployment to Syria more than two years after Moscow’s intervention in the conflict on the side of the Damascus regime.
Valery Gerasimov, the chief of Russia’s general staff, said there would be a “extensive” reduction of troops by the end of this year. He spoke after President Vladimir Putin said that a military campaign in Syria was coming to an end.https://www.cbsnews.com/news/russia-military-syria-5th-anniversary-war-assad-putin-claim-success/
CBS/AP March 15, 2016, 4:17 AM
Tuesday’s statement came a day after President Vladimir Putin ordered the Russian military to withdraw most of its forces from Syria, timing his move to coincide with the resumption of the Syrian peace talks in Geneva.https://www.politico.com/magazine/story/2015/06/us-military-bases-around-the-world-119321
Where in the World Is the U.S. Military?
By DAVID VINE July/August 2015
Despite recently closing hundreds of bases in Iraq and Afghanistan, the United States still maintains nearly 800 military bases in more than 70 countries and territories abroad—from giant “Little Americas” to small radar facilities.
Britain, France and Russia, by contrast, have about 30 foreign bases combined.
https://en.wikipedia.org/wiki/List_of_countries_with_overseas_military_bases
List of countries with overseas military bases
@ v Arnold
OTTAWA — Statistics Canada issued its sixth and final batch of 2016 census numbers Wednesday, this one focused on education, labour, journey to work, language of work and mobility and migration. Some highlights:
— Canada ranked first among OECD countries with 54 per cent of residents having college or university degrees in 2016, up from 48.3 per cent in 2006.
— Of women aged 25 to 34, 40.7 per cent had a bachelor’s degree or higher, up from 32.8 per cent in 2006. Among men of the same age, 7.8 per cent held an apprenticeship certificate, up from 4.9 per cent 10 years earlier.My Question:
“– Canada ranked first among OECD countries with 54 per cent of residents having college or university degrees in 2016, up from 48.3 per cent in 2006.”Canadians are the most in debt.
What did they learn about being in debt that I did not?There are some web pages where you cannot just “Click, copy, paste”
Here is one of them for me.
I found a way around..
ps.
I remember when the “experts” told us that the “one child policy” would result in a shortage of women and that it would destroy the Chinese social structure and its economy.
The results shows that the “experts” were wrong.https://news.nationalgeographic.com/2015/11/151113-datapoints-china-one-child-policy/
In 1979, the government introduced the one-child policy, under which most couples are allowed to have only one child or else face the possibility of fines, sterilizations, and abortions. Looking at just a half century of data on China, we can see peaks and valleys in the birthrate reflecting pro-reproduction attitudes, famine, and the one-child policy.
From 1959 to 1961, the Great Chinese Famine killed an estimated 15 to 30 million people.
In 2013, a relaxation of policy allowed over 12 million couples to apply to have a second child.
Only about 12 percent of eligible couples applied. When the one-child policy ends in 2016, most couples will be restricted to two children. But that may not address all of the issues. After decades of the one-child policy, coupled with new economic and social pressures to succeed, many couples have decided to stop with one child, or to not have any at all. So with a national birth rate well below replacement level of 2.1 and some urban birth rates under 1,
China faces a new challenge. How do they provide for an older population while also encouraging younger residents to have more children?
It’s Happening (Almost) Everywhere
China is not alone in this dilemma. Low birth rates are also a product of personal choice, and the UN predicts we’ll see a considerably older world population by 2100. Countries including the U.S., Canada, Chile, Brazil, Russia, and Australia will likely reach a point where a quarter or more of their populations are above the age of 65, not working, and depending on a pension. On the other hand, most African countries, many former Soviet states, and large portions of Asia will remain young. But the younger populations of these countries won’t stop populous aging countries from reshaping the global population to the point that almost a fourth of all people on Earth will be over 65 by 2100.“… Belt and Road projects “aren’t transparent or consensus driven,” …”
Traditionally, the center builds roads etc. so that products can be delivered, (imports), to the center.
I informed that there are consumers in China that need to eat.
🙂
I don’t buy the explanation that “the Belt and Road projects” are for making exports cheaper and easier for exporters.The problems with using islands as prisons, is that they get overcrowded unless the inmates are released.
” The mayors of five Greek islands facing the coast of Turkey are demanding that the government and EU end a policy of containment for migrants – introduced last year as a deterrent against illegal migration – because living facilities are severely overcrowded.”
Using a credit card cost money.
Using a bitcoin cost money.
Banks make money from you using credit cards.
Exchanges make money from you using bitcoin.
Printing press make the most moneyThe people will not pay the Brexit divorce bill. They got no money.
The rich will not pay. (That’s why they are rich.)
Therefore, one printing press will pay the other printing press and all will be forgiven.
Anything else is extortion.” …. the British public will be forced to pay to settle the Brexit “divorce bill”. MPs and peers, including former cabinet ministers, say that with the bill agreed this week and likely to be between £40bn and £50bn, …”
With 1/5 of the people in poverty!!!!!
I have stupid question???
Why would anyone pay back any kind of loans that originated from the printing press?
Borrowing from the printing press is done by central banks and gov.
Defaulting/forgiving makes the loan disappear and there is no one injured.
If you, as a purchaser, are broke and cannot pay for any purchases, want/need something and you have only a credit card, then you, as the purchaser, can get what you need/want for as long as the seller keeps thinking/believing/expecting that the credit card company will refund the seller for the transaction.
(The seller must, also, believe that he will be going to heaven.)
The U.S. is bankrupt; both financially and morally.
There is no nobles oblige.
There is no rule of law.
There is no ethics.
Therefore, the end of our social/economic system is near.
OTTAWA — Statistics Canada issued its sixth and final batch of 2016 census numbers Wednesday, this one focused on education, labour, journey to work, language of work and mobility and migration. Some highlights:
— Canada ranked first among OECD countries with 54 per cent of residents having college or university degrees in 2016, up from 48.3 per cent in 2006.
— Of women aged 25 to 34, 40.7 per cent had a bachelor’s degree or higher, up from 32.8 per cent in 2006. Among men of the same age, 7.8 per cent held an apprenticeship certificate, up from 4.9 per cent 10 years earlier.My Question:
“– Canada ranked first among OECD countries with 54 per cent of residents having college or university degrees in 2016, up from 48.3 per cent in 2006.”Canadians are the most in debt.
What did they learn about being in debt that I did not?I don’t own bitcoin.
The rich own bitcoin.
When the bitcoin bubble breaks, how will that hurt me?Who got hurt when the tulip bubble broke?
“Of course there are alternatives. But will they arrive in time? Perhaps the existing paradigms are destined to endure a while yet …”
There is no austerity for you if you benefit from QE or if your credit card still works.
“Where do we go from here? A continuation of the existing financial paradigm is what everyone believes; what everyone expects (wants) – and is what we likely will get.”
“To put that in numbers, there’s a current shortfall of $18,176 between the standard of living and real disposable incomes. In other words, no matter how much people are borrowing, their standard of living is in decline.
Your standard of living in not declining if your credit card still works.https://www.zerohedge.com/news/2017-11-24/us-saudi-starvation-blockade
The US-Saudi Starvation Blockade
Is this now the American way of war? Are we Americans, this Thanksgiving and Christmas, prepared to collude in a human rights catastrophe that will engender a hatred of us among generations of Yemeni and stain the name of our country?
Is that a picture of the future?
The kids are not brown or black.
The kids are not wearing shoes.
Would brown or black kids be wearing clothes?Austerity has failed the British people and the British economy.
Therefore, print and print some more,War production has saved many countries.
Therefore, have more wars.Building ghost cities has worked.
Therefore, dig more holes and build more piles of resources.Capitalism has worked.
Therefore, arrest the rich and keep them in a luxury prison until they sign over their wealth to the gov.😉
Review
Hoping to avoid another round of unpopular bailouts, financial watchdogs have forced too-big-to-fail banks to make themselves less dangerous by adding lots of capital that safeguards against losses.
What is bank capital?
Bank capital is the difference between a bank’s assets and liabilities, and it represents the net worth of the bank or its value to investors. The asset portion of a bank’s capital includes cash, government securities and interest-earning loans, such as mortgages, letters of credit and inter-bank loans, while the liabilities section of a bank’s capital includes loan-loss reserves and any debt it owes. A bank’s capital can be thought of as the margin to which creditors are covered if the bank liquidates its assets.
What are bank assets?
Bank assets are the physical and financial “property” of a bank, what a bank owns. While a bank commonly owns physical property (buildings, land, furniture, equipment),
the bulk of a bank’s assets are financial–legal claims on the property or the wealth of others. The two most notable asset categories are loans (which generate interest revenue) This asset includes loans to consumers (home loans, personal loans, automobile loans, credit card loans) and businesses (real estate development loans, capital investment loans).
and reserves (which keep deposits safe).Two varieties of reserves worth noting are vault cash (the actual paper currency and coins that is kept in the bank, that is, in the vault) and Federal Reserve deposits (deposits that banks keep with the Federal Reserve System to clear checks and assist in other banking activities).Go and read the rest of the article.
Removing the causes of the emotional and physical pain would make the opioid crisis disappear.Easier said than done.
“Millennials are the worst culprits here: 24% still haven’t paid off credit card debt incurred during the 2016 shopping season, while 16% of Gen-Xers haven’t and only 8% of boomers haven’t.”
I feel left out – no money – no debt.
problems:
What will the 0.01% do when they are the only survivors?
They cannot do any of the survival tasks that they really on to survive.Then …..
The earth will heal itself and only those willing to live and let live will prosper.Why I can’t figure out what is happening,
what is the truth,
what really matters,
or what is important.It’s all because the news media is focused on Trump.
Trump is a distraction and a confusion.definition:
distraction; having one’s attention drawn awaySynonyms for distraction
aberration, complication, confusion, disturbance, diversion, interference, interruption, abstraction, agitation, amusement, beguilement, bewilderment, commotion, disorder, dissipation, engrossment, entertainment, frenzy, game, pastime, perplexity, preoccupation, recreation, divertissement
confusion
noun. disorientationabashing
abashment
addling
agitation
befuddlement
befuddling
bemusement
bewilderment
blurring
chagrin
cluttering
commotion
confounding
demoralization
disarranging
discomfiting
discomfiture
disorientation
distraction
disturbing
dither
dumbfounding
embarrassing
embarrassment
embroiling
flap
fluster
lather
mixed up
mystification
obscuring
perplexing
perplexity
perturbation
pother
puzzlement
stew
stirring up
tangling
tumult
turbulence
turmoil
unsettling
upsetting” …Yemen will face “the largest famine the world has seen for many decades, with millions of victims …”
Ask the Saudi if the war is going as planned?
What does a sustainable social/economic system need.
Taxes are not needed or necessary.
Borrowing and lending are not needed or necessary.
What is needed and necessary is adequate control of printing of the money supply.Taxes are not needed or necessary.
Borrowing and lending are not needed or necessary.
What is needed and necessary is adequate control of printing of the money supply.Players in the middle east. (oversight and omission)
UK• Growing Homeless Camps Contrast With West Coast Tech Wealth (AP)
Tenting is not a necessary housing solution.
There are alternatives.
There are probably more used/cheap RV and cargo trailers, than people, than could be a alternate/comfortable housing solution.• Four False Viral Claims Spread by Journalists on Twitter in One Week (GG)
• Profiting from Puerto Rico’s Pain (New Yorker)
• What Could Go Wrong? (Jim Kunstler)
• Saudi Arabia Accuses Lebanon Of ‘Declaring War,’ Egypt Calls For Calm (CNBC)
• Oil Prices Surge On Saudi Purge (CNBC)
• Bernie Sanders Warns Of ‘International Oligarchy’ – Paradise Papers (G.)
Lies, Lies, everywhere Lies.
People lie.
Journalist lie.
Politicians lie.
Law enforcement lie.
Religious people lie.
Sinners lie.
Holy leaders lie.
Teachers lie.
Men lie.
Women lie.Our social and economic structures are built upon lies.
• America’s Opioid Crisis Is About To Get Worse (ZH)
Abundant supply is not the only reason.
For the opioid crisis to get worst, you also need an ever increasing consumption.Remove the causes of the need for emotional and physical pain killers and the opioid crisis disappear.
“he found not only did they make a good living from hunting and gathering, but they did so on the basis of only 15 hours’ work per week”
When humans were a minority.
Those were the good old day.
@ john
I like your point # 1
I would add that secrecy/knowledge would be needed to take advantage of other people.
The web is an equalizer.
