zerosum
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Puerto Rico had a bubble that had burst.
Now MARIA has destroyed the assets.
There are no assets to seize.Questions?
Will the expats leave or stay?
Will the unpayable loans be repaid?A comparison is in order.
Haiti
https://www.usaid.gov/haiti/energyHaiti is facing two energy challenges: a broken electricity sector and dependency on charcoal. The electricity sector in Haiti is among the most challenged in the region. Only about one-quarter of the population had access to electricity prior to the 2010 earthquake, and that remains the case today.
Where are the Lies?
In the omissions?
In the misdirections?How high is space?
https://www.science20.com/satellite_diaries/how_high_space-69753But those aren’t ‘space’. In the US, “space” begins at 80.4km (50 miles), or 264,000 feet. General international consensus sets a similar limit for the start of space as 100km (62 miles), or 380,000 feet.
“Low Earth Orbit” (LEO), where many satellites live, goes from 160km (100 miles, 525,000 feet) to 2,000km (1,240 miles, 6.5 million feet). In LEO, we have some sample objects to look at.What is the orbit of space station?
https://en.m.wikipedia.org/wiki/International_Space_Station
The ISS maintains an orbit with an altitude of between 330 and 435 km (205 and 270 mi) by means of reboost manoeuvres using the engines of the Zvezda module or visiting spacecraft. It completes 15.54 orbits per day.[15]Can the missiles from North Korea destroy the satellites that are in space?
https://en.m.wikipedia.org/wiki/List_of_North_Korean_missile_tests
2017 North Korea launched a ballistic missile on September 15 from Sunan airfield. It reached a height of 770 km and flew a distance of 3,700 km for 17 minutes over Hokkaido before landing in the Pacific.[63]
Looking at someone else’s belly button
https://en.m.wikipedia.org/wiki/List_of_natural_disasters_by_death_toll
Ten deadliest natural disasters
Rank Death toll (estimate) Event Location Date
1. 1,000,000–4,000,000*[1] 1931 China floods China July 1931
2. 900,000–2,000,000[2] 1887 Yellow River flood China September 1887
3. 830,000[3] 1556 Shaanxi earthquake China January 23, 1556
4. 300,000[4] 1839 India cyclone India November 26, 1839
4. 300,000[5] 1737 Calcutta cyclone India October 7, 1737
5. 280,000 2004 Indian Ocean earthquake and tsunami Indian Ocean December 26, 2004
6. 273,400[6] 1920 Haiyuan earthquake China December 16, 1920
7. 250,000–500,000[1] 1970 Bhola cyclone East Pakistan (now Bangladesh) November 13, 1970
7. 250,000–300,000[7] 526 Antioch earthquake Byzantine Empire (now Turkey) May 526
8. 242,000–655,000 1976 Tangshan earthquake China July 28, 1976
9. 230,000 1138 Aleppo earthquake Zengid dynasty (now Syria) October 11, 1138
10. 229,000 Typhoon Nina—contributed to Banqiao Dam failure China August 7, 1975Famines
Note: Some of these famines may be caused or partially caused by humans.Rank Death toll Event Location Date
1. 15,000,000–43,000,000 Great Chinese Famine China 1958–1961
2. 25,000,000[citation needed] Chinese Famine of 1907 China 1907
3. 13,000,000[46] Northern Chinese Famine of 1876–1879 China 1876–1879
4. 11,000,000 Doji bara famine or Skull famine India 1789–1792
5. 10,000,000 Bengal famine of 1770, incl. Bihar & Orissa India 1769–1771
6. 6,000,000+ Indian Famine British India 1896–1902
7. 7,500,000 Great European Famine Europe (all) 1315–1317
8. 7,000,000–10,000,000 Soviet famine of 1932–1933 (Holodomor in Ukraine) Soviet Union 1932–1934
9. 5,250,000 Indian Great Famine of 1876–78 India 1876–1878
10. 5,000,000 Chinese Famine of 1936 China 1936
10. 5,000,000 Russian famine of 1921 Russia, Ukraine 1921–1922
11. 3,000,000 Chinese famine of 1928–1930 China 1928–1930
12. 2,000,000–3,000,000 Chinese Drought 1941 China 1942–1943
12. 2,000,000 Russian famine of 1601–1603 Russia (Muscovy) 1601–1603
12. 2,000,000 Deccan Famine of 1630–32 India 1630–1632
12. 2,000,000 Upper Doab famine of 1860–61 India 1860–1861
12. 2,000,000 French Famine France 1693–1694
12. 2,000,000 Great Persian Famine of 1870–71 Persia 1870–1871
13. 1,500,000–7,000,000 Bengal Famine of 1943 India 1943
w14. 1,500,000 Great Irish Famine Ireland 1846–1849It’s a real shame to see all those vacation cottages, condos, and resorts destroyed.
Where are all the vacationers going to go.
Supply and demand.
Will the cost go up for vacationing at the undamaged west coast resorts?
Oh Ya!
Poverty is a feature of our social and economic systems. It’s not a bug.
It’s a zero sum situation.
If someone has more than enough then someone else will not have enough.comment on rebuilding, ref. hurricane Harvey, Irma
(Belly button gazing)Put it in prospective
Did you hear about cyclone MORA
https://en.m.wikipedia.org/wiki/Cyclone_MoraDid it make you sad?
Have you seen any historical info on devastation after natural disasters?
Start by reading
https://en.m.wikipedia.org/wiki/List_of_Bangladesh_tropical_cyclonesCloser to home go and look at the historical devastations of Haiti and Cuba.
What makes you sad?
Is it poor people loosing their place to sleep?
Or
Is it Trump having to rebuild some of his assets?Misplaced care and empathy?…
I just heard that FEMA will get double, 15B, to take care of the needs from both hurricanes.
The printing presses are hot.
“… extend the U.S. debt limit and provide government funding until Dec. 15…”
The USA does not have any money. They do not have a surplus.
There is lots of water. Too much water in the wrong places. More water coming.
Money being created for damages from Harvey.
What will they do for Irma and other actual expenses that will occur.In Canada, B.C. Had a declared surplus.
There was an election.
There are forest fires.
There is still no water (rain).
All declared surpluses have been burnt.DACA
If you make your waitress angry then expect to get poor service and/or a meal that has been tampered???
25% of construction workers are illegals
If it was me, with the damage by Harvey and what Irma will bring, I would not fix your flooded house or give you quality work.
If it was me, long-term, with my USA education, I would default on my student loans and open a med. tourist business in Mexico.
Oil closed down $1.19
My local gas price went up by .07 cent a liter.
There are 8 million less people gassing up their car.Harvey is somebody’s friend.
Harvey is not my friend.@Arnold
(A Simple change) 😉
We’re witnessing an expensive supportive bra, what’s not to get about that?Keep ignoring that; keep acting like naive idiots; the denial won’t help; it just makes the coming reality the harder to accept…
Lots of articles about borrowing and debts.
Who and where are the people that pay only the interest on their loans?
Who and where are the people that can always rollover their loan principle plus interest into a new loan?
Not me.!
I only know people who must payback their loans principle plus interest every month.
According to population distribution, there will not be very many savers left.
Present savers/retirees are already being scammed out of their savings.
The younger generations have no savings and they have been raised to have greater expectation than their income and therefore, they create legal scams to satisfy their wants.Question: do the people of N. Korea have savings?
What is the name of “The War” that is killing 100 Amaricans per day?
It will get worse as the .01% find ways to make a fortune/killing from the deaths of those non-productive people.We are talking about using painkillers to kill pain.
Wait for the peak of users that is coming.
More and more people will be looking for a painless path to heaven.
Senior are in pain from their bodies breaking apart.
Snowflakes are in mental pain for failing to achieve their American dreams.
Borrowers are being harassed to depression by the loan collectors.“Joining Sessions for the announcement last Wednesday was Ohio Attorney General Mike DeWine, who is leading a lawsuit against five drug manufacturers, accusing them of intentionally misleading patients about the dangers of painkillers and claiming drug benefits not backed by science.”
We are talking about using painkillers to kill pain.
Wait for the peak of users that is coming.
More and more people will be looking for a painless path to heaven.
Senior are in pain from their bodies breaking apart.
Snowflakes are in mental pain for failing to achieve their American dreams.
Borrowers are being harassed to depression by the loan collectors.Some people don’t believe in the same god as me.
I don’t believe in the god of war.“They’re wrong. There is a military option to destroy North Korea’s program and North Korea itself. If there’s going to be a war to stop him [Kim Jong Un], it will be over there. If thousands die, they’re going to die over there, they’re not going to die here and he’s [Trump] told me that to my face.”
… John McCain of Arizona — sank the measure in a 49-51 vote. McCain, who recently returned to the Senate after getting diagnosed with brain cancer, cast his “no” vote to audible gasps on the chamber’s floor, according to reporters….
Who does John McCain hate the most?
Obama?
Trump?Brain cancer does funny things.
1 ) Sperm count …
2 ) Birth control pill …
3 ) Morning after pill …
4 ) Pain killer
5 ) Vasectomy
6 ) HistorectomyI’m living in La la Land
I’m living in a systematic corrupt socio/economic system
Yesterday is gone.Only at the quantum level can time and space be interchanged.
Someone once said that in the end, the last shall be first .
If so, I expect to be among the last.
The future …
The future will be bad …
subsistence farming.
https://en.m.wikipedia.org/wiki/Subsistence_agricultureSubsistence agriculture is self-sufficiency farming in which the farmers focus on growing enough food to feed themselves and their families.
Intensive subsistence farming is prevalent in the thickly populated areas of the monsoon regions of south, southwest, and east Asia.Subsistence agriculture was the dominant mode of production in the world until recently, when market-based capitalism became widespread.
…. Your future will be even worst if you cannot feed yourself.
You’ll either have adequate means to defend your community property or you’ll lose it. Surely you must know that. What does A.E. suggest we do?
Ask Saddam Hussein and Gaddafi what they did wrong.
Ohhh! I forgot. They have been killed.….hard work and a good education used to be a sure bet for upward mobility in the US….
I don’t believe it applied to those who were not already in the 10% or should I say, those in the 1%.
Re.: cause of opioid epidemic
Its not all overdose, people take pain killers to kill pain.
Trying to stay pain free when living on the street would be more than what the readers of this blog could stand. I suspect that the majority would take an extra pain killer.Here are some other causes.
https://oftwominds.bmobilized.com/?url=http%3A%2F%2Fwww.oftwominds.com%2Fblog.html@ drdiablo
It wasn’t clear to me.
Who get’s the most amount of money from the workers for not doing any work.Corporate welfare is at the top of my list.
Second would be the military establishments
Third would be the medical establishment.Welfare and unemployment recipients would be near the bottom of my list.
Line up.
ME, CT, IL and NJ. Who’s next, please?I, also, need a cheap vacation.
Does this line go to Greece?@ arnold
“You’ve a mad man in office”It’s not a bad thing. Without him doing what he is doing, everyone would have only the real news to watch.
This would make the opioid problem escalate.What are my chances of changing our social/economic system compared to a billionaire and his team of devoted enablers, holding the most powerful position on earth?
What are my chances of changing our social/economic system compared to Fed Chair Janet Yellen (Grandma), and her team of devoted enablers, holding the most powerful position on earth?
What are my chances of changing our social/economic system compared to ? .? and his team of devoted enablers, holding the most powerful positions on earth?
What are my chances of changing our social/economic system compared to famous bloggers.
…. with all the same corrupt people in charge.
new people in charge will not change anything
Keeping the printing press going is the the only delaying option available.
So sure…go ahead and try it. (Print) There’s no other solution, we were never going to pay our debts back anyway. For one thing it’s mathematically impossible.Yes. You are right. Find a way to minimize the pain that is coming.
(Opioids work)https://www.policyalternatives.ca/publications/reports/addicted-debt
Why is Sears closing stores in Canada when Dollar stores are opening new locations?
Dhuuuu!
Middle class workers do not have enough money left over from their paychecks after their monthly loans payments.
That well is going dry in the middle of the summer, and without any resolution to the debt ceiling debate, the country will not be able to borrow more to pretend that it’s solvent.
Is printing called borrowing?
Can anyone smell what hit the fan?
https://www.bbc.com/news/world-40321287
UN refugee agency: Record 65.6 million people displaced worldwide
Image copyrightAFP
Image caption
Syrians fleeing conflict account for 12 million of the world’s displaced people
A record 65.6 million people are either refugees, asylum seekers or internally displaced across the globe, the UN refugee agency said.
The estimated figure for the end of 2016 is an increase of 300,000 on 2015, according to its annual report.
It is a smaller increase than 2014-15, when the figure rose by five million.
But the UN high commissioner for refugees Filippo Grandi said it was still a disheartening failure of international diplomacy.
“The world seems to have become unable to make peace,” Mr Grandi said.
“So you will see old conflicts that continue to linger, and new conflicts erupting, and both produce displacement… forced displacement is a symbol for wars that never end.”
Uganda: The ‘best place’ to be a refugee?
Image copyrightGETTY IMAGES
Image caption
The village of Bidi Bidi has been transformed into one of the world’s largest refugee settlements
In 2016, some 340,000 people fled the violence in South Sudan into neighbouring Uganda. That was more than any other country – even more than the 200,000 people estimated to have fled Syria.
Just 36 hours after crossing the border by a simple wooden plank bridge, refugees are given a small plot of land and the materials they need to start growing their own food.
A year ago, the village of Bidi Bidi was just that, but now it is one of the biggest refugee settlements in the world – home to more than a quarter of a million people and covering 250 square kilometres.
The wooden bridge between death and safety
Uganda: ‘One of the best places to be a refugee’
A woman’s world for South Sudanese refugees
The UN said it hoped Monday’s record breaking numbers of displaced would encourage wealthy countries to think again: not just to accept more refugees, but to invest in peace promotion, and reconstruction.
Mr Grandi also warned of the burden being placed on many of the world’s poorest states, as some 84% of the world’s displaced people are living in poor and middle income countries.
“How am I to ask countries with far less resources, in Africa, in the Middle East, in Asia, to take millions of refugees if the richer countries are refusing to do so?” he said.
The world’s displaced people – in numbers
There are 65.6 million displaced people in the world – more people than live in the UK. Of these:
22.5 million are refugees
40.3 million are displaced in their own country
2.8 million are seeking asylum
Where do the refugees come from?
Syria: 5.5 million*
Afghanistan: 2.5 million
South Sudan: 1.4 million
Who is hosting the refugees?
Turkey: 2.9 million
Pakistan: 1.4 million
Lebanon: 1 million
Iran: 979,4000
Uganda: 940,800
Ethiopia: 791,600
*Another 6.3 million Syrians are internally displacedIt’s time for a joke …
She will stop printing so slow, in the background, that you won’t even notice the lack. Of money.
https://www.zerohedge.com/news/2017-06-14/feds-balance-sheet-reduction-schedule-yellens-words
Keep pretending. Keep printing. Our economic system need the cash flow from the money tree.
https://www.zerohedge.com/news/2017-06-12/record-wealth-america-72-us-businesses-are-not-profitable
The crime of our times. There’s nobody to stop it.
It’s too late to stop the cash flow.
If the money tree stops making money …
If worthless assets are not used to get money from the money tree …
Any one who believe that the socio/economic situation will be better than Greece, or maybe will it be better than a war zone is not living on this planet.
Don’t stop the cash flow.
I took the time to read the comments of the article and I agree the most with the following ….
Is there a magic money tree?…………..Yes, but its exists only for the benefit of the 1% of the population who own mostly all the wealth.
If I had the power to make a magic money tree, I would not use an helicopter to give everyone money …. Unless the majority of the benefits ended with ME.
Hummmm That sounds like the way our social/economic system is presently structured.
