Running Short of Tailwinds for the Economy

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Tailwinds often make jet planes fly faster than they would regularly fly. In this post, I talk about economic tailwinds that help the economy grow more quickly.

Strangely enough, the economy seems to move from tailwind to tailwind, as new resources are discovered, as population expands, and as central banks figure out new ways to fix the economy. In this post, I will describe some tailwinds affecting the economy. Many of these have recently lost their value or are likely to lose their value in the future. The long-term trend seems to be toward tailwinds becoming available to some parts of the world economy, but there may be major dips and shifts with respect to which segments of the world economy are favored.

[1] The tailwind of very low oil prices

Before 1972, the US economy had the tailwind of a good supply of oil available at very low prices. Goods could be made cheaply with oil products, and new devices, such as automobiles, could be operated very inexpensively. New technology could take hold quickly because resources, including energy resources, were easily available. For these reasons, the economy could grow very quickly, with little use of debt.

Figure 1. Average annual inflation-adjusted oil prices, based upon data of the 2023 Statistical Review of World Energy, published by the Energy Institute.

Data from the US Bureau of Economics shows that the US economy experienced an average annual growth rate of 4.8% between 1932 and 1972, which is very high by today’s standards. The same data shows that the US economy’s average annual growth rate was 2.7% for the period 1972 to 2022.

[2] The tailwind of falling interest rates and near zero interest rates

From 1981 to 2020, the world economy had a tailwind of generally falling interest rates.

Figure 2. Chart by the Federal Reserve of St. Louis, showing interest rates related to 3-month and 10-year US Treasuries, with US recessions noted in gray. Chart has been annotated by Gail Tverberg to point out time of generally falling long-term interest rates.

On Figure 2, the top line (in red) shows 10-year interest rates. The lower line (in blue) represents interest rates of 3-month Treasuries.

In the US, many mortgage rates have tended to follow 10-year interest rates. We all know that as mortgage rates fall, homes become more affordable to buyers. As more homes become affordable to buyers, the “demand” for homes goes up. More homes are built, stimulating the economy. Similarly, buying farmland becomes more affordable. Factories become more affordable. There are more people bidding for these goods, so the selling prices tend to rise.

Figure 2 shows that short term rates have also been falling, but in a more irregular way. The fact that these rates have generally been falling has also greatly aided economic growth, since many industrial and financial loans are very short term.

It appears to me that the temporary rise in short-term interest rates between 2004 and 2006 ultimately caused the Great Recession of 2007-2009. See my academic paper, Oil Supply Limits and the Continuing Financial Crisis. Note the delayed impact of the rate rise. It is far too early to assume that the recent rise in interest rates will have no serious detrimental effects on the economy.

To try to keep the economy operating after the Great Recession, short term interest rates were brought down to close to zero for most of the time between 2008 and early 2022. These low interest rates encouraged investors to pursue new ventures that were very “iffy”– they might produce a positive return, or they might lose money. In fact, government subsidies were added, inviting investors to pursue “opportunities” that were likely to be money losers.

With this long-term tailwind of falling interest rates, capital gains were very easy to obtain. Homes became worth increased amounts, as did farms, seemingly by magic. Shares of stock tended to rise. People began to believe that there was little risk in borrowing money for questionable ventures. New high technology businesses in Silicon Valley blossomed.

In some sense, interest rates that rose in the 1960 to 1981 period (to keep the economy from racing ahead too fast) had stored up momentum that could be used in the 1981 to 2020 period.

We are now past that period of falling interest rates. In fact, we are in a new period of rising interest rates because of depleting resources, and the upward pressure these depleting resources place on inflation rates. Furthermore, a 200-year history of US interest rates shows that the recent near-zero interest rates have been an anomaly. We cannot expect interest rates to go back to the recent low level for any extended period. An interest rate of 5% or more is normal. The economy has benefitted from the temporary gift of falling interest rates, and of near zero rates, but this period is likely past.

[3] The tailwind of rising debt, relative to GDP

The fact that debt is rising, relative to GDP, is closely related to Tailwind [1] and Tailwind [2].

Figure 3. Ratio of the increase in US debt to the increase in US GDP for 5-year periods, based on data of the US Bureau of Economic Analysis.

How much debt does it take to create one dollar of GDP? In theory, both the buyer of a product (such as a vehicle), and the various organizations involved with creating the product and shipping it to the end user, will need debt to move the process along. If the government is adding a subsidy to move the process along, this will add another layer of debt.

Figure 3 shows that prior to 1981, when oil prices were low (Figure 1), it took less than one dollar of debt to facilitate the process of creating one dollar of GDP. Oil companies were sufficiently profitable that they could use their profits to reinvest in new wells as old ones depleted. They did not need to add debt to make the process work. While products such as homes might need debt for the buyers to afford them, many other products did not. In this early period, government subsidies were much more limited than today.

After 1981, the ratio of debt to GDP steadily rose. The rise was particularly steep after 2001, when China was added to the World Trade Organization (Figure 1). As China ramped up its manufacturing, the price of oil tended to rise because more oil was needed for manufacturing and shipping the goods China made. More debt was required to import this higher-priced oil, causing at least part of the increase in the debt to GDP ratio. The dip in the debt to GDP ratio in the 2014-2019 period seems to correspond to the period of lower oil prices shown in Figure 1.

In some sense, it is strange that GDP does not consider the added debt that an economy requires in order to create the goods and services that it produces. Logically, it might make sense for GDP to measure the value of goods and services added, net of the additional debt required to make these goods and services. We can see from Figure 3 that this net approach would only work up until 1981. Since 1981, it has become necessary to add more debt than the amount of additional goods and services produced. If the interest rate is 0%, perhaps this is not a major issue, but if the interest rate rises to 5% or more, a huge amount of interest to be paid. Repaying debt with interest becomes a serious problem unless the borrower is able to find a truly profitable use for the funds.

[4] The tailwind of higher population

If population is growing, there is a need for many new things, including new schools, roads, stores, and homes. This puts pressure on GDP to grow. Figure 4 shows population growth, excluding the impact of migration.

Figure 4. Natural population increase (based on births minus deaths) as a percentage of population based on data from World Population Prospects 2022 published by the United Nations.

In the 1950s and 1960, part of the reason that GDP in the More Developed parts of the world was growing rapidly was because population was growing quickly (Figure 4). This tailwind had mostly disappeared by the mid-1990s. Now, if one of the More Developed parts of the world shows population growth, it tends to be the result of increasing immigrant population.

Figure 5. World population estimates as used in the 2023 Statistical Review of World Energy by the Energy Institute. OECD is a slightly different grouping of highly developed countries than UN’s grouping. Thus, non-OECD corresponds to the population of less developed countries.

Total world population (Figure 5) keeps rising, even though birth rates have been falling because people in less developed parts of the world have been living longer. This adds to migration pressure because there are not enough goods and services available for the increased population.

[5] The US tailwind from playing “King of the Mountain”

In March 2022, the US Federal Reserve started raising interest rates. These higher interest rates can be seen as a way to push the US$ higher relative to other currencies, especially relative to currencies of poorer countries, such as Argentina and Turkey. By pushing the dollar higher, oil and other commodities become relatively cheaper to the US, and relatively more expensive to those countries with currencies whose value is low relative to the US$. Also, the higher interest rates make the US a more attractive country for other countries to invest in.

The US move to raise interest rates higher can be viewed as a “King of the Mountain” move. High interest rates can perhaps be withstood by strong economies, but they cannot be withstood by weak economies. For example, many of the poorer countries of the world have loans from the International Monetary Fund. As the US dollar strengthens relative to local currencies, these loans become more difficult to be paid back. The fact that recent interest rates are higher also makes it harder for borrowers to repay debt with interest. Weak businesses and perhaps weak governments around the world will tend to be squeezed out.

One thing that may help the US in trying such a move is that fact that US debt has a kind of moneyness quality that the debt of other countries does not have. This occurs because the US$ is the reserve currency, which in turn is related to the US being the world’s hegemon. The question becomes: How long can the US maintain this lofty position? Other countries are likely to push back and find ways to work around the use of the US$, if it is to their disadvantage.

[6] The tailwind from the “Green Energy Will Save Us” narrative

Figure 6. Figure by Gail Tverberg illustrating an economy that is trying to turn to a different direction, while the standard narrative is that business as usual can continue forever, thanks to the miracles of Green Energy.

The standard narrative about green energy saving the world from its climate change gives great opportunities for governments to subsidize wind turbines and solar panels, battery manufacturing plants, and the building of electric vehicles. These subsidies create more debt, which helps push the economy along.

The educational system is also stimulated by the “Green Energy Will Save Us” story. Educators have new courses to teach and new subjects to write academic papers about. If students are interested in studying these subjects, the US government is willing to provide debt-based funding to the prospective students. This adds another source of debt to stimulate the economy.

Of course, there is the hurdle of paying this debt back, especially if interest rates are at a new higher level. This game would not seem to be able to go on very long unless some green approach actually works. Such an approach needs to work in current devices, be low-cost to manufacture, and be affordable to customers at a price that generates taxable revenue.

[7] Over the very long run, tailwinds do seem to help the Universe grow and become more complex and more energy intense.

Eric Chaisson, in the book Cosmic Evolution: The Rise of Complexity in Nature, writes about the Universe gradually becoming more complex and having greater energy intensity. He shows images such as this one.

Figure 7. Image similar to ones shown in Eric Chaisson’s 2001 book, Cosmic Evolution: The Rise of Complexity in Nature.

We don’t understand why this happens. Evolution seems to happen in every part of the Universe. Many parts of the Universe are short-lived. Each new part of the Universe varies in random ways from its predecessors. Evolution happens through the survival those that are the best adapted to their surroundings. This happens at least partly through the laws of physics. There may be some other force involved as well. Economists talk about the Invisible Hand being helpful. Those who are religious may think of the Hand of God being involved.

We know that the Earth has survived for a very long time, despite being hit by large meteors and despite major changes in climate. In fact, early humans lived through glacial periods. There are times when economies and populations fall back considerably, but somehow the world ecosystem recovers. It may even adapt in a way that allows more opportunity for growth.

Thus, even as the economy seems to be running out of today’s tailwinds, somehow there may be future tailwinds that will push the at least segments of the world economy along in a somewhat different direction. We simply don’t know for certain how things will turn out.

About Gail Tverberg

My name is Gail Tverberg. I am an actuary interested in finite world issues - oil depletion, natural gas depletion, water shortages, and climate change. Oil limits look very different from what most expect, with high prices leading to recession, and low prices leading to financial problems for oil producers and for oil exporting countries. We are really dealing with a physics problem that affects many parts of the economy at once, including wages and the financial system. I try to look at the overall problem.
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3,079 Responses to Running Short of Tailwinds for the Economy

    • “Emergency video from Liz Gunn about the situation in New Zealand. They are arresting the person who wants data transparency. They should be arresting the corrupt members of the New Zealand Ministry of Health who are refusing to look at the data and prove it is safe.”

      • Fast Eddy says:

        the PR Team has this under control… it’s a minor story … just some crazed person in the health ministry …

        Put yourself in norm’s shoes… how would norm react? norm would read this … and have no concern at all… no interest in trying to find the data… which is being suppressed… it would not occur to norm to ask … now why are they suppressing the data… if there is nothing to be concerned about why do they care? And why would this person destroy their career and risk prison … to leak meaningless data????

        Do I have that right norm?

        https://www.rnz.co.nz/news/national/503866/te-whatu-ora-vaccination-data-leak-a-devastating-breach-of-trust

  1. Fast Eddy says:

    Blow-drying hair might have led to brain aneurysm rupture in Malaysian actress Queenzy Cheng’s sudden death, doctor says, Entertainment News – AsiaOne

    https://www.asiaone.com/entertainment/blow-drying-hair-might-have-caused-malaysian-actress-queenzy-chengs-sudden-death-doctor-says

  2. Fast Eddy says:

    Interesting …perhaps they intend to reveal to the Vaxxers that they have f789ed themselves… to create massive anxiety – just prior to the Real Deal?

    In this special report:
    Israeli TV Admits Vaccines Kill via Fatal “immune erosion” BOOM!

    https://www.bitchute.com/video/OylUMXf739d8/

    • Student says:

      This is something we have to see with some doubts.
      First of all because very few people know Israeli language, so the subtitles could be wrong.
      Second it is an old video, Israel is now busy with war and they haven’t been talking of vaccines since a long ago.
      I follow their newspapers and there is nothing since a long ago.
      It maybe however correct, but only because Israeli tv and newspapers have more freedom of speech than average Western Countries.
      It may sound strange, but if one follows their debate, one finds it is like that.
      What I have understood is that vaccination is no more an argument for them, but also that they have been informed of hearth problems very early and they took at least some actions to mitigate the problems.
      I have also the impression that they received good batches of production and, above all, kept under correct below zero temperature, avoiding contamination or breaking of the (rat-juice) mRNA formula.
      Last point, they mainly vaccinated people two times and mainly then stop, while we are going on with doses like crazy in Western Countries, we are at the fifth in Italy…

  3. Fast Eddy says:

    For at least 30 years, we’ve been conditioned to believe that cholesterol is the ‘bad guy’ in our body and horrible for our health. Almost every health article and book you read screams about lowering your cholesterol level, like it’s pure poison. Diets, drugs, and entire lifestyles are designed to lower or nearly eliminate cholesterol from our blood and our tissues. I actually remember hearing a cardiologist proclaim years ago that he hoped the latest/greatest statin would lower his cholesterol levels to nearly zero. What an idiot. Did he learn nothing in medical school about the necessity of cholesterol for a healthy body?

    Statins, the class of cholesterol-lowering drugs, have become some of the most prescribed drugs in America. As of 2017, more than 32 million people in the United States (10% of Americans) are currently on a statin with an estimated 56 million people (24% of Americans) eligible to consider a statin. A more recent report (2018) states that nearly 30% of adults 40 years and older in the US are on a statin. The widespread use of statins heightens the importance of careful consideration of their effects on the body. This is a short overview; entire books are written on the subject. But hopefully, you’ll see here there is another side to the story and be willing to consider doing something for your body.

    https://drtenpenny.substack.com/p/cholesterol-is-a-good-guy

    • 13th month of US manufacturing falling, in spite of all of the stimulus being given to battery plants and electric vehicle plants. Something is not right in the US economy.

      • raviuppal4 says:

        Just repeating myself . It is the ” Potemkin Economy ” . Selling over inflated assets ( houses , CRE etc) and shuffling paper assets without any primary collateral is now called GDP . What can go wrong ?

        • It is only the real estate commissions and redecorating that directly affect Real GDP. The inflation in asset prices (which disproportionately goes to those who are rich themselves) helps pump up demand (especially when those assets are sold). But it does not directly affect Real GDP or inflation rates, as I understand the situation.

  4. Fast Eddy says:

    I was just informed by someone that because of our intelligence … it is the responsibility of humans to be good stewards of the planet …

    As if without the humans the other species would pave it over or something…

    Duh…

    I suggested that intelligence is what causes us to destroy the planet so perhaps intelligence is the problem.

    They hesitated then nodded like the dummmb f789ing MOREON that they are…

    So I said — surely the results speak for themselves… we are anything but good stewards… the planet would be much better off without us…

    More nods of imbecility.

    They should instead be down in their knees and giving offerings to The Great One .. and just pleased to be in the presence of such an enlightened God-like individual…

    I seldom get any takers for ‘intelligence is a great burden’…. but it is … there is no possible angle one can argue from that could prove any differently

    • MikeJones says:

      My boy, believe you are confusing cleverness with intelligence, In my view we lack intelligence, which for all practical terms is intangible and requires order and clarity of oneness without division. However, the former can be displayed by many other animals, such as, rats (one you are very familiar with from past comments), with the primary goal of seeking false security and comfort in expansion of the self, regardless of the deterrence of the whole.

  5. Mike Jones says:

    Some claim it can’t be done…the same was said about Columbus heading out west…
    Some guy back then at the court was jesting about some barrier belt sinking the boats
    After 50 years, US to return to moon on January 25
    More than 50 years after the last Apollo mission, the United States will try once again to land a craft on the moon on January 25, said the head of what could be the first private company to successfully touch down on the lunar surface.
    The lander, named Peregrine, will have no one on board. It was developed by American company Astrobotic, whose CEO John Thornton said it will carry NASA instruments to study the lunar environment in anticipation of NASA’s Artemis manned missions.
    Several years ago, NASA opted to commission US companies to send scientific experiments and technologies to the moon—a program called CLPS.
    These fixed-price contracts should make it possible to develop a lunar economy, and provide transport services at a lower cost.
    “One of the big challenges of what we’re attempting here is attempting a launch and landing on the surface moon for a fraction of what it would otherwise cost,” said Thornton Wednesday at a press briefing at his company’s base in in Pittsburgh.
    “Only about half of the missions that have gone to the surface of the moon have been successful,” he said.
    “So it’s certainly a daunting challenge. I’m going to be terrified and thrilled all at once at every stage of this.”
    Takeoff is scheduled for December 24 from Florida aboard the inaugural flight of the new rocket from the ULA industrial group, named Vulcan Centaur.
    The probe will then take “a few days” to reach lunar orbit, but will have to wait until January 25 before attempting landing, so that light conditions at the target location are right, Thornton said. psy.org

    • If we actually did this 50 years ago, it wouldn’t be such a challenge.

      • MikeJones says:

        From what have read about the United States divesting itself from its manufacturing base, such as,t it’s tool machinery creation;
        Recreating such is very difficult to near impossible today because the personnel with that ability are either very old or dead and the technology know how has jumped to another level.
        When the factories were being shut down here in the USA and the machinery was being packed up to be sent overseas to China…the technicians pointed that fact out to deaf ears.
        Hence, the difficulty now to recreate the same

        • Dennis L. says:

          I am at a very nice technical college, kids are learning, they will get jobs, they are posted on the wall. Employers call in the fall asking how the class is, what can they expect.

          Knowledge has changed, people working are not reinventing the wheel anymore than we have to invent a word processor to type, it has been done.

          Dennis L.

    • ”economies” get established through the conversion of one material form into another—and by so doing, create wages.–

      such processes expend heat.

      without that process—no large scale economic system can exist.

      wages are of no use on the moon.

      soooooo—-material created on the moon must carry earth based benefit.

      but the moon has nothing that is of large commercial use on earth—if it had, commericial ventures would have established themselves there in the 1980s—they didn’t, even though the means existed then.
      the moon is a dead piece of rock.

      ergo—all the planned moon trips are vanity projects,

    • Fast Eddy says:

      Hopefully they have a bigger CGI budget than India

  6. woodchuck says:

    I see families with children out Christmas shopping and I think how horrific it will be for them when civilization collapses. People won’t even know why their society collapsed. Its all so depressing.

    The corollary is if there are any survivors they will not learn from the collapse but will continue on with the same algorithms that got us into this mess.

    • Humans are just following their instincts. They want to compete for the top of the hierarchy. They want to have more. Dissipative structures, including humans) tend to dissipate available energy. This can mean eating food, or making use of fossil fuel energy to produce products. The economy that humans are part of needs to grow or it will collapse.

      • Fast Eddy says:

        The problem with humans … is intelligence.

        Every animal wants MORE … but they don’t know how to farm…

        Does the wolve capture deer and build fences … and breed them… and have enough food to grow into the billions????

        Intelligence is Bad. Very very BAD.

        Even though this is obvious… almost nobody agrees with Fast Eddy.

        to agree would be to explode their brains

        • Kowalainen says:

          My cognitive dissonance detector is swinging wildly into the red.

          Pick one:

          1. Hoomans are STOOPID, or
          2. Hoomans are intelligent.

          Just because a newfangled and souped up neocortex got bolted onto a crusty primate baseline brain doesn’t make anything intelligent, just more receptive to the delusions, whims, wants and desires of a Monkey.

          When the immovable object of reason clashes with the unstoppable force of desires, there can only be one outcome:

          MENTAL ILLNESS BY DEFAULT!

          To put into another context. If the software inside your computer behaves buggy, inconsistent and glitchy, you can make three conclusions:

          1. Jank software, or
          2. Cheap and nasty hardware, or
          3. How about both?

          Hoomans are just mired in the suck that is them. Hyper Tryhards trying to placate Hyper MOARons in the eternal recurrence of the Hyper. Or at least as eternal as the solar system and earth allows the Rapacious Primate to be engaged in Monkey Business.

          https://youtu.be/2pkpsxEyi-k?si=yJeAxo9Q6bhkGmD5

          While you’re pondering upon these important observations I’ll be ripping up the mountain with my newly shod bike. Ah, the joy of 3.6mm ice spikes clawing its way up, down and along the trails.

          • davidinamonthorayearoradecade says:

            and yet you are using a written language to create some rational points about your fellow humans whom almost all also use written language.

            so by default, you have given much evidence that it indeed is 2. hoomans are intelligent.

            and though you also use your reasoning to state “MENTAL ILLNESS BY DEFAULT!” you seem to be assuming that you have avoided this default position.

            do you have any good evidence of that?

            while you are ripping up the mountains, I will be devouring some dark chocolate, and pondering why it is that you and I and every other one of us hoomans just continue to choose to do our “whatever” minute by minute and day by day.

            • Kowalainen says:

              I’m not a good judge of that which I am. However, I do observe the little nastiness, filth and perversions of others.

              Don’t you sometimes find other people a bit… Repulsive? You know, a sense of ‘taint’ in your “heart” as you associate with them? Disgust perhaps? A smell of Monkey, the reek of an unwitting Rapacious Primate going about whichever compulsion in search of Statuses and Prestiges in the Monkey Business?

              Mental illness perhaps?

              Is solitude lunacy? Perhaps it is, but by which measure? A measure of the “civilized” Usual Hyper you might propose?

              A yardstick of the loonie?

              Therefore it is a mere report, a document of my thoughts and ramblings at the time.

              You are free to scroll by and ignore it as the unsubstantiated drivel from a Laplander.

              However, in the mean time:
              WITHIN TEMPTATION IS TRUTH!
              HYPERS GONNNA…
              (etc.)

              🤣👍👍

              Happy?

            • Fast Eddy says:

              A smell of Monkey

              Delightful!!!

              TM that asap

    • Fast Eddy says:

      I tell the audience across multiple Substacks exactly what is coming and why … and they get quite upset …. not upset about the coming extinction … they dismiss that theory … they get more upset about the suggestion that we are low on affordable energy ….

      That triggers them bit time

  7. moss says:

    Lusting for rate cuts?
    Karl Denniger, a practising Catholic, pontificates

    I don’t expect there will be any “rate cuts” next year; if anything short rates are going higher, not lower. Why? Because until Congress cuts it out the only other alternative is that the roughly 8% inflation created by Congressional deficit spending, none of which has any source of absorption anymore outside the country (the slacking of trade growth and US/EU sanctions imposition due to the Ukraine mess destroyed that and it isn’t coming back) is going to show up in inflation and that means real rates are still negative.

    A 5% interest rate in an 8% inflation economy is a real rate of -3%. Period. That is, not a thing has changed in terms of the actual tenor of borrowing rates despite the fact that Americans in general are getting screwed and that cannot change until real borrowing rates are positive. Therefore either Congress has to cut it out or rates have to go higher — period.
    market-ticker.org/akcs-www?blog=Market-Ticker

    but don’t lose hope. Mr Zen persuasively proposes that there MAY be some breath left in the sharemarket before collapse, it’s once it’s on the waythe way down.
    Bulls are convinced that low rates are good for stocks – and they are… Unfortunately, the record clearly shows that rate cuts are NOT good for stocks.
    zensecondlife.blogspot.com
    That first chart is a keeper!

    No One Knows the Future

    • houtskool says:

      Houtskool, a practising Poster, pontificates the following:

      Rates are temporary tools to keep the herd in place. In de-growth, rates are minor disturbances in the human genome, aka ‘Down Fiat Syndrome’.

    • You make good points. The first article says, “A 5% interest rate in an 8% inflation economy is a real rate of -3%.” The second article says:

      We were also informed this week that home prices have surprisingly reached a new all time high despite the Fed rate hikes. I’m sure the Fed was surprised to read that as well. It clearly shows that their rate hikes are not reaching asset markets.

      This is close to equivalent.

      The second article makes a quite a couple of good points in the Nov. 30 article:

      “none of the most recent recessions led to higher stock prices initially. It took quite a bit of pain first: -50% in 2001, -55% in 2008, -35% in the case of the pandemic.”

      ” delinquencies (adjusted for inflation) have now reached the same level as 2008. Except, the difference is that back then interest rates and home prices had ALREADY peaked and were coming down. Whereas now, neither is coming down yet.”

      I accidentally read the Nov. 27 article on the same website, as well. It makes some interesting arguments:

      . . .several large regional banks failed at the March low, but the FDIC found buyers for the largest ones and fully bailed out the smaller banks. Crisis solved. However, in May of this year, the FDIC wrote a memorandum stating that the FDIC Deposit Insurance Fund (DIF) is at risk of depletion, and they will not be able to fully bail out uninsured depositors (aka. > $250k per account) going forward. Their proposal is to bailout above the $250k limit ONLY if the deposit is a working capital aka. “payroll” bank account for a business. What they call “targeted” coverage. Nevertheless, the main takeaway is that of course nothing has changed since the Spring bank run. Except that risk has increased exponentially.

      Also

      “From year-end 2009 through year-end 2022, uninsured domestic deposits at FDIC-institutions increased at an annualized rate of 9.8 percent, from $2.3 trillion to $7.7 trillion”

      For comparison, the Deposit Insurance Fund equals $117 billion.

      US Semiconductor stocks may be coming down. The Fabulous 7 were what was keeping the Nasdaq up.

      they [Nvidia] forecast much weaker sales out of China (which accounts for 25% of their total revenue), due to the recently-imposed U.S. semiconductor export restrictions.

      In other words the leading sector and the one that made new highs this fourth quarter is about to experience a drop in sales. Because what Nvidia didn’t say – and no Wall Street analyst thought to mention – is that Nvidia will not be alone in being affected by export restrictions to China.

      This is going to affect ALL U.S. semiconductor companies.

      I am afraid that all of the deficit spending will send the interest rates the US has to pay to sell its bonds up. We may soon be in a situation with rising interest rates, and falling stock and home prices. The rising interest rates will tend to make banks fail. The FDIC won’t be able to bail out all banks unless the US turns to more and more QE to try to hold rates down, or issuing more debt to bail out the FDIC.

      • Ed says:

        China is building 47 new mid range chip factories. so much for American On Semiconductors, National, Texas instruments, Intel, Micron, ….

      • Fast Eddy says:

        Sing along!

        There is only one way out of the trap… only one way… it’s not a very pleasant option … but it is much better than Opening the Gates of Hell… I am sure can all agree on that

        https://youtu.be/aRrUPGdrbf8

      • Withnail says:

        Because what Nvidia didn’t say – and no Wall Street analyst thought to mention – is that Nvidia will not be alone in being affected by export restrictions to China.

        America thinks the economy runs on semiconductors so that if they restrict the supply to China, its economy will collapse. It doesn’t.

  8. Fast Eddy says:

    https://markcrispinmiller.substack.com/p/vaccination-is-the-greatest-evil/comment/44666166?r=15h28a

    Mark Crispin Miller
    2 hrs ago
    Author
    “ZERO opposition” is an obvious overstatement, since, if it were “ZERO,” you wouldn’t be here saying so. Moreover, “vaccine” uptake is now in the single digits. Does that count as “opposition”?

    LIKE
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    Fast Eddy
    19 mins ago
    Any entity on the planet that could effectively oppose the Rat Juice… is completely on board with it.

    All governments – every msm outlet — all medical boards — all ministries of health — all militaries… since when do Russia China and the US agree on something? And why would they agree to inject their citizens with something they know destroys the immune system? Not in a million years would such a thing happen — this is suicide. And even if somehow the leadership was coerced into this — there would be factions within the government and military opposing this. There are none – not a peep. Anywhere.

    Yes there is Substack … don’t you find it a bit odd that every other platform has censored the living daylights out of this? How has SS evaded that censorship? Did it ever occur to you that perhaps SS is a creation of the people behind this extermination plan — that the reason SS exists is to 1. keep track of all the A-Vaxxers and ensure they don’t get violent ideas 2. To allow the A Vaxxers to blow off steam so that they don’t turn to violence and create a messy situation.

    What does it matter – anyone on SS already is turned … try sending an article from SS to a Vaxxer — they’ll delete it — refer to you as a crazy conspiracy theorist — cuz if the story was true it would be on cnnbbc… and if you persist they will block you.

    As for uptake — how do you know the number is single digits? cnnbbc says so… the CDC says so … they both also tell you that vax injuries are long covid… surely you do not trust any of this?

    And let’s say the uptake is minimal… all they would need to do is launch another campaign with photos of dead people on the streets due to a new dangerous variant … and invite the MORE-ONS to attend the Walmart parking lots to get their 7th shot…and they’d swarm in like a plague of locusts… anxious for another dose of Rat Juice…

    I don’t think this will happen … because the immune systems are already damaged by the shots… no point in flogging a dead horse…

    I suspect what they are doing now is ratcheting up the anxiety levels of the masses…

    “We found no known DNA or RNA viruses, no bacterial pathogens, no fungal pathogens,” says Needle, “We were sort of at a breaking point.”

    Until finally, a clue: A short segment of DNA belonging to what — as far as Needle can tell — appears to be bacteria that no one has ever described before.

    “We think this may be a pathogen,” he says, “It’s something novel. It’s in a proportion of the cases. It’s funky.”

    https://drpanda.substack.com/p/pandemic-2-mystery-respiratory-illness/

    When they launch the lab made pathogen that is designed to exploit the damaged immune systems of the vaxxers… they want the world on edge… they want extreme fear… that way all 8B will not resist… they will do what they are told…

    I know this all sounds absurd… but only if one is unaware of the state of the global economy… we have been kicking the can for many years now … pumping out trillions at near 0 interest.. just to keep the train on the tracks…

    Come on man… never in history have we done such a thing… never have we had interest rates at these levels… in fact we went negative for a short period just prior to Covid…

    Surely it must occur to people that the two are connected???

    Now why would they need to pump out trillions … and drop interest rates to 0…. that is total desperation …

    What provoked that?

    Why did they offer Liar Loans resulting the US housing debacle? Why did they build ghost cities in China?

    What could it be?

    The answer is here https://www.headsupster.com/forumthread?shortId=220

    And that is why there is no opposition to what they are doing … it is necessary (unfortunately).

    I expect that most readers of that article will recoil in anger…

    The mob insist they want the truth … they absolutely do not — unless there is a Hollywood Ending.

    This is not a Hollywood Ending.

    LIKE
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    Fast Eddy
    just now
    Re Substack…

    Various authors have dropped information that demonstrates that the vaccines are neither safe or effective — rather that they are very dangerous.

    If these articles were published by cnnbbc … the Vaxxers would lose their minds… they’d realize they’d been played … lied to… and react badly.

    But the PR Team knows that unless the msm covers this … the A Vaxxers will reject the lot.

    So they can allow this onto SS … at zero risk of it leaking into the parallel universe of the Vaxxers…

    Why allow it on SS? Because it convinces the A Vaxxers that they are winning … any day now the Vaxxers will come to their senses… but they never do… they don’t see any of this … if you show it to them they call you crazy…

    This keeps the A Vaxxers going round and round … and they never take any real action .. nothing that requires the DOD to kill any of them…

    I suspect many/most of the folks dropping these incriminating articles onto SS are embedded false actors.

    Much has been made of Malone as such….

    My favourite is Kirsch… because I have outted him…

    When Tiffany Dover gave an unpaid interview on NBC to put to rest the rumours that she’s dead… and many suggested that was not her … (it definitely was NOT her)….

    I suggested Steve offer her the million bucks that nobody takes to debate him…. for an interview.

    Surely she’d be all over that… what a fantastic chance to show the A Vaxxers that she is alive and well + she gets $$$$

    Did Steve and his people respond to that with — what a fantastic idea — we’ll get on that…

    Nope. They threatened to ban me

    I found that odd so I continued to push … posting details of where Dover’s husband works and suggesting they reach out with the offer to him… more threats of a ban

    Then I suggested hiring a PI to track her down … get some photos etc…

    That got me banned permanently.

    This ties in with my theory about the purpose of SS … it’s acceptable to publish certain things … but there are limits….

    If Steve offers 1M to someone and she declines… that causes trouble for the PR Team>>> this would leak into Vaxxer Land … and they’d wonder why she’d not take the money… and the parallel worlds would collide…

    There is no good reason for Kirsch not to offer her $$$… unless he’s a false actor

  9. raviuppal4 says:

    Why are we FUBAR ?
    Basically, that is one of Joseph Tainter’s final conclusions in his book “The Collapse of Complex Societies”: whoever starts to decrease voluntarily is conquered by others .

    • Cromagnon says:

      This is why “UFO/UAP disclosure is being fought so hard now in the US congress.

      The Nimitz incidence among others have now been shown to be American and Chinese assets utilizing metallic aerogel technologies incorporated into ultra high speed “surveillance balloons” that far outperform naval fighter aircraft. These drones are what were seen over North america/Canada earlier this year resulting in multiple shootdowns and a UFO flap.

      Just one a of many technologies that elites/dark projects/private contractors want to keep hidden.

    • Good point!

      In our world, even more than in the past, whatever we voluntarily decide to leave behind will certainly be used without question by other economies around the world. No reasonable person makes changes because they are concerned about climate change; it just weakens your own economy and makes your enemies stronger.

      • raviuppal4 says:

        We wonder how orderly degrowth is not possible. The place that one gives up, or does not defend with his teeth, will be occupied by another, more clever one.

    • Fast Eddy says:

      And the KOOOMbaya crowd thinks we are wasting resources and should share…

      They might as well ask the waves on the ocean to stop.

      but hey … did someone not mention that humans … even the circus animal types… are stoopid MOREONS?

  10. People are talking about world wars with the latest toys. As if the whole end of more thing is not happening.

    It is fine to talk about unicorns who shit gold nuggets, or some starship scheme where a self proclaimed god can bring an asteroid full of rare metals by shouting, since that is kind of a coping mechanism for facing the huge tsumani coming on the way to sweep Western Civ.

    But , the reality is other than some pockets which will just hold on for a generation or two, the Main battle is already over and the Hordes are knocking the door.

    • ivanislav says:

      So you’re saying now is the time to make a career switch to warlord? I would be General Butt Naked, but it’s cold here. “Gengis Ivan” … a man can dream.

      Anyway, what’s the timeline you predict? We all know it’s all going to hell in a handbasket, so the only interesting thing left is the timeframe.

      • There will be a bunch of warlords with funny names at the initial stage but eventually they will concentrate into one for each region

        People like Butt Naked will not last long.

    • moss says:

      why, with this very issue in mind the OzGovt (lefty hhahahaha) signed an AUD360b nuclear powered submarine construction subscription to the UK and US
      something like 40 yrs but who knows either number with respect to overruns to start with
      but hey nothing about resource depletion over this timespan
      or inflation
      A lifetime welding job and million dollar mortgage?
      asiapacificdefencereporter.com/australia-needs-more-welders-for-submarine-program/

      what a way to indebt taxpayers and burn money at the idol

  11. Maybe rooftop solar is mostly going away, too. Industrial-sized solar gets a whole lot more economies on both physical installation and wiring needs.

    https://www.canarymedia.com/articles/solar/californias-rooftop-solar-policy-is-killing-its-rooftop-solar-industry

    California’s rooftop solar policy is killing its rooftop solar industry
    New projects have cratered and job losses are mounting in the six months since California regulators slashed the value of home solar systems.

    On Thursday, the California Solar and Storage Association unveiled data showing a 77 to 85 percent drop in rooftop solar projects since April. That’s when the California Public Utilities Commission’s controversial ​“net metering 3.0” decision, which cuts about one-third to one-half of the compensation value of newly installed solar systems for households compared to what they could have received under the state’s prior net-metering regime, went into effect.

    • Rodster says:

      Green energy whether it’s wind or solar can only exist either with subsidies or incentives. Politicians never understand that because bureaucrats typically if ever have held real jobs. I remember reading how Bush Jr had to be told while President how much milk prices were at the store. They are SO out of touch with the real world and that’s why the only way to keep green energy viable is to throw money at the problem because politicians, don’t know any other way.

    • Withnail says:

      We really have to stop subsiding all this garbage.

  12. Fast Eddy says:

    Hong Kong battles surge in mycoplasma pneumoniae cases among children, as expert calls for city to boost supply of relevant medicine

    https://www.scmp.com/news/hong-kong/health-environment/article/3243613/hong-kongs-weather-forecaster-predicts-fewer-cold-days-winter-says-city-may-experience-large

    • drb753 says:

      Should we start a friendly betting pool about the start of the next global lockdown? Two bucks say January 1.

  13. Hubbs says:

    I have changed my thinking in that future wars may be an all or nothing affair (or very little, in a relative scale to former WWI and WWII endeavors) because of lack of energy to fuel the tanks, planes, and supply trucks in a conventional war style. All, -meaning nuclear war, and nothing, -meaning limited conflicts. If indeed boots on the ground are needed to conquer a country this is going to be increasingly expensive. And what good would nuking a country do other than to kill off a competitor for resources?

    Maybe Russia has thought this out by engaging only in a measured military “special operation” in Ukraine. It realizes any “invasion” the fear of which traditionally has been used by the West to justify the existence of NATO, is no longer doable.
    Too bad the western strategists are unable to grasp this in-your-face reality.

    https://internationalman.com/articles/its-not-about-saving-the-planet-its-the-big-daddy-we-need-to-look-for/

    • ivanislav says:

      The future of war (assuming no regression to sticks and stones) is sensor-based autonomous attack platforms dueling it out until one side’s industry overcomes the other’s and then it can exterminate the other side’s population or demand the political agreement it desires. Production and life will be underground for the duration of conflict. Little or no human involvement in the actual warfighting.

      • Ed says:

        I agree the days of Johnny jumping up out of the trench with a rifle and running towards the enemy are done.

        Autonomous k ill robots are the future of war. Be they wheeled, legged, helicopter, winged, boat, sub, in orbit. They will be used in maneuver warfare. They will seek out enemy factories, politicians, electric infrastructure, communicates, pipelines, ports, airports, offices, schools, etc…

        • With solar batteries? They need something called power to run.

        • Dennis L. says:

          Ed,

          I am thinking of drones and weeds, pesky little buggers .
          Charge exchangeable batteries with local solar, minimize herbicides. Green from start to finish.

          Amazing how electronics has changed from my childhood with 12AU7 tubes and finicky capacitors. New stuff is mostly plug and play along with some careful soldering. Breadboards beat the heck out of alligator clips and solder.

          Dennis L

      • Sorry, that is so world war 2’ish.

        The days for that is now over. With the breakdown of the transportation system war does not last too long and everyone lives like 18th century

        • generally speaking, soldiers walked to the battlefield, carried their weapons, this meant armies were too exhausted to fight longer than a day or s.
          then wars got mechanised and could last for years

      • Isn’t the future of war already here? Mass injections.

        • Ed says:

          and unlimited immigration of criminals, insane, gang members, unwilling to work, diseased, etc…

          government and media promoting perversion, the removal of genitals at age six, etc…

          bribes and blackmail of government and military and universities from top to bottom by multiple foreign governments.

        • Cromagnon says:

          Well said

    • Doug Casey does some calculations to show how limited our supply of jet fuel is, among other things in this article.

      The article has a wonderful cartoon, except it needs a third roll with a climate change pattern:

      https://internationalman.com/wp-content/uploads/2023/11/2-1-768×697.jpg

    • Ed says:

      In the collective west versus Russia war the collective west is allowed to bomb Russian factories, cities, towns but Russia is forbidden to bomb anything outside of Ukraine. As Ukraine has no weapons factories getting all its supplies from outside its borders this is doomed to failure for the Russians.

      Why the collective west obsesses on trench warfare when it is winning the bombing campaign is a mystery.

    • Because the whole thing seems to be fake. If this war had been for existential reason none of us would be here.

      • Ed says:

        Yes, I agree with you and Eddy both side lack a desire to win.

        If weapons are landed at a Polish airport then Russia needs to nuke the airport. If weapons are made at a RhineMetal factory in Germany then Russia needs to nuke the factory. If weapons are shipped from the port of Baltimore then Russia needs to nuke the port. Stop playing and make war.

      • Ed says:

        Likewise for the collective west, give Ukraine 50KT nukes so the drones do more than break some windows in downtown Moscow. More like knock down ten of those pretty skyscrapers and burn most of down town and make it unusable for the next ten years.

      • Ed says:

        Likewise for a humane k ill in G aza give Israel eight 50KT nukes. That will insure the quick and complete incineration of all infants, children, women, and men. All 2.2 million souls turned to ash.

    • Fast Eddy says:

      And btw 125k Uke soldiers died in the war in a month … more than double the American losses in the two decade long vietnam war…

      Wow! The place must be a heap or rubble!

      https://www.webcamtaxi.com/en/ukraine/kiev.html

    • Nukes might be like the moon landing:
      http://mileswmathis.com/trinity.pdf

  14. Slowly at first says:

    Millions of cars will be driven to church tomorrow morning generating much heat and waste. Is religion perhaps just another thermodynamic energy sink?

    • Catholic and mainline Protestant churches certainly have been acting as if they are non-essential resources that can be easily squeezed out if there are not enough energy resources to go around. Attendance at these churches has fallen significantly in recent years. The leaders have tended to give a message of “follow whatever the government leaders and the CDC say.” They also tend to have a lot of overhead–denominational powers that be that give direction to local congregations.

      Non-denominational churches have not seen as much of a falloff in attendance. They tend to operate much more on their own. They claim a great deal more benefit for belonging to the church–a few say donations will allow you to become rich here on earth; many emphasize going to heaven vs. hell. These churches also gave a much greater push-back to what the CDC said in 2020. They are not nearly as tied to central order-givers.

      • Dennis L. says:

        Personal opinion:

        Churches are not in the business of being relevant, they are to give a set of rules which have worked for thousands of years, tell a narrative which teaches, inspires and gives hope. The inspiration helps people justify their sacrifices.

        Am amazed at the Genesis story, “Let there be light,” and ten or twenty years ago came a generally accepted conclusion the universe started with a bang of photons. How in the heck did a sheep herder in the middle of a desert get that one right?

        We discover the universe, the trick is to make conclusions which are congruent with the universe and are not wishful thinking. Churches are to help us discover and when we discover accept what is not comfortable while giving some entertainment in the process.

        Dennis L.

      • JesseJames says:

        “Cowboy Churches” are proliferating in the Rural US. They have no paid staff with services led by laity. Most have cowboy emphasis with cowboy hats worn in church acceptable. They even have their own corrals and arenas for horses. If you live close enough, you can ride your horse to church.

    • My take has always been that, like language and money, religion is a technology that allows resource gradients to be broken down more quickly than otherwise would have occurred.

      • One function of energy is to provide organization and structure. While government can provide laws and police and courts to enforce these laws, religions can provide some of the same services, with less consumption of energy.

        For example, if children and adults all believe, “Thou shalt not steal,” hopefully, there is less need for police and courts to enforce similar laws. If people learn to look out for the welfare of their neighbors, then there will be fewer people with inadequate supplies of food and other basic goods, so that they will be forced to steal.

        In practice, this seems to work better in small communities, where citizens know each other and can work together. Once the “community” size gets too big, the religious approach doesn’t seem to work as well.

  15. I AM THE MOB says:

    World’s oldest forts upend idea that farming alone led to complex societies

    “People who lived in central Siberia thousands of years ago enjoyed a comfortable lifestyle despite the area’s cold winters. They fished abundant pike and salmonids from the Amnya River and hunted migrating elk and reindeer with bone and stonetipped spears. To preserve their rich stores of fish oil and meat, they created elaborately decorated pottery. And they built the world’s first known fortresses, perhaps to keep out aggressive neighbors.

    With room inside for dozens of people and dwellings sunk almost 2 meters deep for warmth in Siberian winters, the fortresses were ringed by earthen walls several meters high and topped with wooden palisades. At some point, they were consumed by flame, a possible sign of early battles. And at least one set of structures was built startlingly early: 8000 years ago, 2000 years before the mighty walls of Uruk and Babylon in the Middle East and thousands of years before agriculture reached some parts of Europe and Asia, according to a study to be reported in Antiquity on 1 December.

    That early date and the fact that hunter-gatherers built the structures add to the growing evidence challenging the textbook view that permanent settlements—and walls to protect them—could only arise after the dawn of agriculture. “To many people, this still is not part of what hunter-gatherers are. … There’s still an element in archaeology that believes complexity develops over time,” says University of Oxford archaeologist Rick Schulting, who was not part of the research. “This is a nice study that demonstrates you can have alternate pathways to complexity.”

    In Siberia, the abundant resources provided by the taiga may help explain the complexity reflected in the forts. Annual fish runs yielded dried fish, fish oil, and fish meal—all high-calorie, long-lasting foods. Reindeer, elk, and waterfowl migrations presented predictable opportunities to harvest still more meat to smoke and store for the long winter. “They don’t have to grow or raise resources,” Piezonka says. “The surrounding environment provides them seasonally. It’s like harvesting nature.”

    https://www.science.org/content/article/world-s-oldest-forts-upend-idea-farming-alone-led-complex-societies

    • fortresses can only be sustained by energy input

      that comes from the surrounding country–hunting or farming—makes no difference

    • If I remember correctly, there were settlements along the West coast of Southern Canada that were somewhat similar. They may have collected berries and nuts to supplement what they ate, however.

    • Cromagnon says:

      Farming is a scam like the legal system and banking…….only people who cant carry their own water do it.

      Humans normal life way is similar to lion prides. There are few free freeloaders in a lion pride.

      • Fast Eddy says:

        Helen and Scott Nearing are abominations. Anything to do with farming… is an abomination

        Civilization is always a total disaster

        • MikeJones says:

          Ah, that’s not nice, Eddie…both very peaceful types… pacifists, vegetarians, and educators….like everyone, product of their age and innovators.
          They were appalled, like yourself, of the misbehaviors of humankind.
          Helen never tasted meat in her entire life…while Scott would collect the cutworms in the garden walls and toss them out in his neighbors yard, instead of killing them.
          I stayed with Helen at their homestead in Maine and far from being such. She was a very kind, giving person …
          Sorry to disappoint but we are still evolving as Dick Gregory wrote in his diet book long ago to aquire our nourishment from the Sun…
          Dick Gregory’s Natural Diet for Folks Who Eat: Cookin’ with Mother Nature
          Book by Dick Gregory and James R. McGraw
          Gregory argues that how you treat yourself and your body reflects how you treat others. He discusses various fasts and the ones he’s done for both political and health reasons, hunger in America, navy beans, and how Americans are changing the way they eat—the beginning of a movement in the 1970s that is still felt today. He offers suggestions on diets to help you gain or lose pounds and offers advice on natural substitutes for favorite alcoholic drinks. You are what you eat—with Dick Gregory’s Natural Diet for Folks Who Eat you can laugh your way to better health.
          https://www.amazon.com/Dick-Gregorys-Natural-Diet-Folks/dp/0062981412

          I highly recommend this inexpensive paperback, written in 1974

          • Fast Eddy says:

            Farmers are responsible for the massive overshoot.

            Death to all farmers.

            Who cares if they are ‘nice’…

            • MikeJones says:

              OK, stop eating food raised by farmers…the new Fast Eddie challenge
              🤪

            • Fast Eddy says:

              It’s a bit too late for that now innit…

              If humans had any sense at all … they would have strangled the first ones who thought to stick seeds in the ground

            • Mike Jones says:

              That’s just a cop out…too late…please 🛑 stop and practice what you dish out..
              Look over there Eddie…a rat for you to naw on for supper…

            • Fast Eddy says:

              I give you an F. Fail

              Illogical comment

            • MikeJones says:

              I take it from where it comes..
              Oh, that’s right we are all going to die like yesterday…I should say years ago ..
              Still able to buy a toothbrush too..

            • Withnail says:

              If humans had any sense at all … they would have strangled the first ones who thought to stick seeds in the ground

              And have no beer, ever?

            • hkeithhenson says:

              “And have no beer, ever?”

              There are history people who think beer was the driving force that expanded agriculture. No idea myself.

              There is an interesting bit from pre civil war history. The US had an unrecognized food shortage. It was enough to cause stunting which shows up in historical measurements of height.

              Another odd bit is that when this was dug out of the historical records, it was not accepted for about 30 years. The idea that the US ever had a food shortage was just not accepted for a long time.

      • cro—the basics of civilisation:

        1—hunter hangs meat up in smoky cave, away from dogs etc. finds meat tastes better and is preserved.—less hunting needed

        2—-wifeperson grinds wild grains between 2 stones—notices next year that a few spilt grains have sprouted.
        .–lightbulb not yet invented–but equivalent flashes above her head.—food can be grown where it’s needed

        3—hunter scoops hollow in riverbank to build fire—notices later that rainwater collects in the hardened, scooped clay.
        there you have a water container.–water can be kept where its needed.

        there you have the three simple essentials necessary to sustain a basic civilisation—everything else is window dressing.

        this may seem oversimplified—but it isn’t.

        once the three factors above fell into place, there was no ‘choice” about turning back.

        • Cromagnon says:

          The simulacrum accepts point 1 and 3 as acceptable within programming parameters….the oversoul grants forgiveness

          Point 3 is the work of the demiurge……..modifying creation in unacceptable ways……..it gives rise to bankers and lawyers and unyielding deserts.

          point 1 and 3 allow one to carry ones water with grace.

          Its really quite simple….even a caveman can do it.

          • Cromagnon says:

            Point 2 is “satanic”…..apologies due to coffee on laptop keys…..

            • cro

              there have never been programming parameters in this context

              but you have convinced yourself of this simulacrum nonsense–and where did ”oversoul’ come from?–new word there.

              nothing i can say or do will dislodge your certainties.

              so must leave you to it

          • Cromagnon says:

            Final thought…..it is interesting that you used term “wifeperson”

            Eve was the original sinner……..the fruit of the knowledge of good and evil was cereal agriculture most likely. Apples for some reason get a bad rap?!

        • hkeithhenson says:

          “food can be grown where it’s needed”

          This happened independently maybe 3 times. Wheat, in the Mideast, rice in southeast Asia, and maize in Mexico. It’s possible the idea of farming spread from the Mideast to Asia, but there is no question that farming was independently invented in Mexico.

  16. Ed says:

    Peace on Earth
    Good Will to All

  17. Rodster says:

    This is from the desk of Captain Obvious: “Red Lobster’s $20 promotion backfired, signaling how desperate diners are for cheap deals”.

    https://www.businessinsider.com/red-lobsters-all-you-can-eat-endless-shrimp-backfires-2023-11?utm_source=pocket-newtab-en-us

    • And it is now owned by Thais.

    • Fast Eddy says:

      Though inflation is slowing, menu prices remain on the uptick, according to new federal data released in November. The Bureau of Labor Statistics reported that restaurant prices, or food away from home, increased by 5.4% in October year-over-year. Fast-food prices are rising even more, up by 6.2% over the past 12 months.

  18. chngtg says:

    Tesla Reveals Cybertruck’s Exoskeleton Can Stop Buckshot Blast

    Is Elon Musk asking us to get ready for ROF?

    https://www.zerohedge.com/technology/tesla-reveals-cybertrucks-exoskeleton-can-stop-buckshot-blast

    • Not ‘us’, just those who can afford the $100k price tag.

    • ivanislav says:

      Without traditional keys or exterior doorhandles, and with (eventually?) FSD, it can be locked and driven away if you miss payments, it can restrict you to your 15-minute city limits, or be remotely switched off during civil disturbance or when Holodomor begins.

      • I am afraid this is the way the system is headed.

      • CTG says:

        Ivanislav, I am expecting you snd others here on OFW to write something along that line. Ford, GM or others can come out with bulletproof electric vehicles but it was Musk, the “reckless” billonaire and the richest person on earth. He just told the advertisers to GFY and he had done, say or challenge the unthinkable, the stuff that the super rich will never do or rock the boat. He smoked weed on Rogan’s podcast. He is not the “normal” billionaire. Perhaps he is the game master of this simulation? (He did say before that it is near certainty that we live in a simulation).

        Saying that this vehicle in relation to 15-min city shows that you have not seen the bigger picture. Elon is just too “strange” to be real

        • ivanislav says:

          >> Elon is just too “strange” to be real

          This is the only part you got right. He is either a cutout, a manufactured hero, or allowed to be who he is as long as he doesn’t stray too far. Does it ever cross your mind that he and Peter Thiel, South Africans-turned-American billionaires, both work on national-security projects?

          Peter Thiel
          * Palantir (national security)

          Musk
          * energy (national security)
          * autonomous vehicles and robots (war, panopticon control grid)
          * tunneling (the future of war)
          * rockets, satellites (war)
          * neuralink (!!!)

          Musk has gotten special legal treatment. He is a protected person. He put 8+ cameras on all his cars for years. He built a team for neural implants and brain-machine interface. He has been pursuing Department of Defense/Elders plans since the beginning. He is not looking out for you.

        • moss says:

          meh, Musk et al are all just parvenu oligarchs.
          There’s a fascinating article on John Helmer’s website as to whether the Yeltsin oligarchs are running the evil Vlad like a string puppet.
          johnhelmer.org

          With age and exposure to wisdom in all its variety the world seems defined by the division of societies into moneygrubbers (the oligarchs) versus truth tellers. A day or two back here, someone copypastaed a prophecy that this division was between the tellers of truth and the liars. Do liars have other drives than accumulating material benefit? Looking at our classes here it’s astonishing how taken the orders are by the allure of debt
          Thank buddha for compounding expotentials

          have many here had a good look at rehypothecation? It’s possession is nine tenths of the law and the custodial institution, broker, corporation, bank … whatever, uses your pledged assets as collateral for their own speculation or worse. The good Jon Corzine, bigwig fundraiser etc for black O blew up the major Chicago Exchange commodities broker MF Global 2011 and rehypothecated client assets were gone.

          Annoyingly, I lost their MF charts which were part of my daily fodder and fortunately identifiable customers were made whole after years of litigation. One pissant

          the kabuki continues to entertain

        • hkeithhenson says:

          “near certainty that we live in a simulation).”

          It might amuse you that I am a link in the current simulation arguments.

          Between sessions at the Artificial Life conference (Sept 1987) I was talking to Hans Moravec who was waving around a copy of Mind Children and rapping about the ever-falling price of computation. I stopped him and said this is almost certainly not the first time we have had this conversation. Hans looked at me blankly so I explained that the cost of computation would eventually get down to where we could simulate the past. And like the folks that act out civil war battles, we will do it over and over again, so the chances of this being the first time we have had this conversation is practically zero.

          This was mostly a joke, but Hans took it more seriously and wrote “Pigs in Cyberspace” (a takeoff of the Muppets Pigs in Space) which I am almost certain was picked up by Nick Bostrom who made the simulation argument into a cottage industry in philosophy departments.

          This wasn’t an entirely new idea because I had read Simulacron-3 (1964) by Daniel F. Galouye, I actually still have my copy. In reading the Wikipedia article I found that Richard Dawkins had read Counterfeit World, the title published in the UK.

          “Richard Dawkins professes to be a fan of his works, including Counterfeit World, which inspired him to think about the concept of simulated universes.[2] ”

          There is more to this story, Rudy Rucker was there wearing a wild fish tie. So was Richard Dawkins, and Eric Drexler. It was a remarkable conference.

          My wife, who was running late, ran into the person our 5-year-old daughter was going to stay with over the weekend at a “Toys are Us” who took her on the spot.

          Though it was a joke at the time, I suspect that the aliens around Tabby’s Star are living in simulations. Nobody has a better idea of what they are doing with a light blocking data center 400 times the area of the Earth.

        • hkeithhenson says:

          “deliver only electricity”

          You can make any other kind of energy substance you want from electricity

          • keith

            i said–”a new form of energy”

            i specifically discounted electricity.

            • hkeithhenson says:

              ”a new form of energy”

              Why do you want this? The sorts of energy we have work just fine.

            • we only have one sort of energy keith

              that which is the ultimate derivative of chemical combustion.

              i know youll reach for your trusty calculator—don’t.

              use reason istead—we have put the planet on the path onto a phase where humankind cannot exist.—yet there is no other way except burning.—no other form of energy available to us.

              so we will go on burning more, and polluting our environment as a result.

              this is what ”existing energy” has done.—this is how ”existing energy’ has worked ‘just fine’.

              read the foolish deniers on ofw if you like—they are the same voices as the vax deniers—and a host of other conspiraholics

            • hkeithhenson says:

              “we only have one sort of energy keith
              that which is the ultimate derivative of chemical combustion.”

              Utter nonsense Norm. Have you forgotten the energy from falling water? Are you trying to assert that nuclear fission is chemical combustion?

              “and polluting our environment ”

              Norm, I live in Los Angeles. The first time I was here, mid 60s, the air was downright toxic. It is fine now. Took a huge effort, lots of engineering applied to cars and social changes such as laws, but I think it was worth it.

            • keith

              we can only utilise the energy of falling water through chemical combustion—we have to make the conversion machinery, and the usage machinery.
              without those, the energy in falling water is as useful to us as oil sitting under Saudi–the same use-factors apply.

              the same rules apply to nuclear fission—we cannot use nuclear fission without extraneous machines–they cannot be made/used withoutchemical combustion. (take a long hard look at a lightbulb)

              amazed you fell into that one keith.

              London or LA—the air improvement is the same.

              Right now, I’m writing a piece on London toxicity, and Bazalgette.

              How was london cleaned up in 1870s>?—by buiding sewers and pumping engines.

              The sewers used 60 million bricks—all fired with coal—how were the pumping engines driven?—Coal again. How were the bricks delivered on site?–Steam engines The UK was one huge coalfield.—chemical combustion is what created our empire.

              we still have nothing else.—try to give up the fantasy that there is. there is no star stuff out there waiting for our intellect to catch up.—the fact that i can’t prove that, does not leave a gap for you to be right keith.

              Bricks cleaned up London, but the firing of them polluted our environment

            • hkeithhenson says:

              “we can only utilise the energy of falling water through chemical combustion”

              Come on Norm, they were grinding grain with waterwheels in Roman times. The early dams were constructed with human or at most horse labor.

              “does not leave a gap for you to be right”

              I freely state that I don’t know how the future will turn out. But I will say that the current situation, such as AI, is something I was involved in predicting in the early 80s.

              “Bricks cleaned up London, but the firing of them polluted our environment”

              Was it an improvement over open sewers?

            • if you care to read up on bazalgette—asking such a question about open sewers is beneath you keith—it is certainly beneath me to answer such nonsense—maybe you prefer cholera.

              on waterwheels–you cannot make a productive waterwheel without heat–anymore than you can make a high speed turbine.

              just a matter of scale.

              for a ‘scientist’ your lack of basic knowledge these fields is staggering.

              AI predicts nothing

              AI can ‘do’ nothing.

              AI can only ‘influence’ human interactions–it cannot predict the outcome of those actions

            • hkeithhenson says:

              “if you care to read up on bazalgette—”

              No idea what you are talking about. Wikipedia lists a dozen of them. A pointer would be more polite than an incomprehensible insult.

              The question was an honest one. In my opinion, the pollution from baking the bricks was a lot less than the open sewers and that seems to have been the opinion of the people at the time as well. But it was not clear from what you wrote how you judged it.

              “you cannot make a productive waterwheel without heat”

              What do you need the heat for? I could make a productive waterwheel using nothing but a stone az. (I have made functional stone cutting edges. Ever tried chipping rock?)

              “for a ‘scientist’”

              I am not a scientist. My degree and work history is as an engineer. People confuse those at times. Mixing them up is like calling a lawyer a doctor. Please don’t.

            • yup—in some of my talks, i pass around pieces of flint as physical examples of early tool origin.

              Bazalgette was the man who designed the London sewer system. Firing bricks added to pollution—obviously only a minute part of it, but it was a nationwide surge to burn coal to extract the necessary energy from it, in all kinds of ways.
              bricks were a critical part of that.

              the motorcar was instrumental in clearing horseshit from the streets—but ultimately brought even greater pollutions.

              i doubt if ”productive water wheels” could be made without metal tools—might ”just” be possible—waterwheel–but ‘productive’?

            • hkeithhenson says:

              “but ultimately brought even greater pollutions.”

              Los Angeles had really polluted air decades ago, but it is quite clean now.

              “”productive water wheels” could be made”

              Given that we have the industrial base, it would be stupid to build a waterwheel of any sort. The modern equal takes the flow of a huge river and runs it through turbines. https://en.wikipedia.org/wiki/Grand_Coulee_Dam#Third_powerplant

            • keith i am intrigued

              you seem to have swung diametrically opposite on the waterwheels thing

              cant figure out why, for certain.

              adds to the ”era of not dying”

              hmmmm—like i said–we all get there in the end

            • Withnail says:

              Why do you want this? The sorts of energy we have work just fine.

              Like $20 a ton coal? Could you send me a million tons of that please and I’ll pay you $40 a ton for it plus the freight.

            • hkeithhenson says:

              “pay you $40 a ton for it plus the freight.”

              You have to be kidding. Gail listed the least expensive coal at $13.95 a ton. If you really want a million tons, say where you want it.

              “The US uses about 600 million tons of coal a year, with about 40% of the coal coming from the Powder River Basin.”

            • Withnail says:

              You have to be kidding. Gail listed the least expensive coal at $13.95 a ton. If you really want a million tons, say where you want it.

              This ‘coal’?

              Powder River Basin
              8,800 Btu, 0.8 SO2

              Clearly nobody wants it if that’s the price. Is it even really coal?

            • hkeithhenson says:

              “Clearly nobody wants it if that’s the price.”

              It’s cheap to dig up.

              “Is it even really coal?”

              40% of US coal production.

            • Withnail says:

              Have you forgotten the energy from falling water? Are you trying to assert that nuclear fission is chemical combustion?

              It’s impossible to build hydro dams or nuclear power stations without fossil fuels. They are at best just fossil fuel extenders. But we’ve been through all this a million times on this blog.

            • its no use withnail

              you could spell it out in skywriting smoketrails—if it conflicts with ”certainties” (irrespective of established information) it will be ignored

            • Withnail says:

              . But I will say that the current situation, such as AI, is something I was involved in predicting in the early 80s.

              AI does not exist.

              Nanotechnology does not exist.

            • JesseJames says:

              “such as AI, is something I was involved in predicting in the early 80s.”

              I find this argument amusing, that so called brilliant individuals invented or predicted a futuristic concept.

              It did not take too many brains to predict advances in computer power…really. Don’t take too much credit for this Keith. I’ll give you kudos that you were involved in talking it up early on…but that is what dreamers do.

              The same with the Scifi author Arther C Clark. who supposedly “invented” satellites.
              Rubbish.
              Let’s see. take a rocket and put a box with electronics on it and boost it to near space. Instead of genius I would call this putting together 2+2 and realizing that in the future it will be 4.

              I could say,I am inventing or predicting nano-genetics to alter your baby. This is just ordinary prediction of where current and future technology is going.

              You know the phrase…”if you can dream it…you can do it”

              Well, as Norm points out….it is only possible if you have cheap energy.

            • i know

              i dream all the time about saving pretty girls who fall off high buildings

              no luck so far

            • hkeithhenson says:

              ” invented or predicted a futuristic concept.”

              It didn’t help. I was just as boggled as everyone else when the LLM came along last year.

              “Arther C Clark. who supposedly “invented” satellites.”

              Not exactly. Clark recognized and wrote about the advantage of putting communication satellites in geosynchronous orbit. Had he patented it, the patent would have timed out before the first one was orbited.

              “https://en.wikipedia.org/wiki/Geostationary_orbit”

              “The concept of a geostationary orbit was popularised by the science fiction writer Arthur C. Clarke in the 1940s as a way to revolutionise telecommunications, and the first satellite to be placed in this kind of orbit was launched in 1963. ”

              “nano-genetics to alter your baby”

              Already been done. The Japanese researcher got in a heap of trouble for it.

              “only possible if you have cheap energy.”

              Current price of solar in the Mideast is 1.35 cents per kWh (just installed, 2 GW). A kWh is 3.6 MJ. 127 MJ to the gallon, so the solar energy cost for the energy in a gallon of gasoline would be 48 cents.

              How cheap do you want it?

            • Fast Eddy says:

              Apparently Arthur engaged in some very nasty behaviour with Sri Lankan boys….

        • hkeithhenson says:

          I have known about Tabby’s Star almost since it was discovered. I was in the “don’t know what it is, but is must be natural.”

          But when the astronomers found 24 other stars in a cluster doing the same thing, natural just failed to work.

          The closest one is 511 LY from us.

          • the visible universe is full of stuff we can’t figure out keith

            filling the gaps from the limited pot of human knowledge is unwise to say the least.

            We have the knowledge though, to recognise that the rest of the universe is made of the same stuff we are.

            that would suggest that everywhere is subject to the laws and limitiations of known physics.

            No doubt there are lien life forms elsewhere—they will be subject to the same energy limitations that we are….their progress willhave been much the same as ours—burning fuels to a limited extent—then the brief flash of heat and light is over

            • hkeithhenson says:

              “burning fuels to a limited extent—then the brief flash of heat and light is over”

              All we see are these massive shadows moving across the star. But from the time they took, we can see how fast they are going and from that how far out from the star they are.

              The least complicated analysis is that the object is about 7 AU from their star in an 18-20 year orbit. They are long beyond burning fuels, even that far out they intercept about 1.4 million times as much energy as the total used by humans. The 65K temperature seems to be optimal for computation. Unless they are mining bitcoins, or cracking encryption, the most likely use of that much computation is a simulation, perhaps with some trillions of individuals.

              We can surmise a few things. They don’t have FTL or they would be here. I suspect that they run somewhat faster than we do. If that is the case, the physical structure is probably as big as they can cope with communication delays, it is 2.5 light seconds from edge to edge.

              They presumably evolved on a planet, but left the planet thousands of years ago and live on energy from their star. Well, energy from 24 stars, they have spread out.

            • keith

              my opinion is just that—an opinion

              but we humans and the speck we live on, are made of the same stuff as all the other specks out there—and so (not an opinion) subject to exactly the same laws of physics.

              that said, our limitiations are their limitations

              trillions of ‘beings”?????—-all life forms require food water and shelter keith—you cant escapre that—no matter what you calculator tells you.

              you cannot alter material structures without heat

              if you build for economic gain—your heat input will rise pro-rata.

              which will take any planet to the same end-problem we have here.

              like i tried to point out—trying to answer intergalactic problems using the pot of human knowledge is unwise to say the least.

              with your academic background, i dunno how you come up with all this stuff—i only answer it to reassure myself of my own limited grasp of reality

            • davidinamonthorayearoradecade says:

              if you think your Tabby ideas are more than mere sci-fi speculation, then you are borderline innsane.

            • hkeithhenson says:

              “mere sci-fi speculation”

              The is a great deal of discussion in astronomy preprints. The only place it has hit the MSM is an article in the NZ Herold.

              If you can come up with an explanation that does not involve alien mega-structures, in this cluster of 24 stars, please do.

              I am of two minds about this. It means humans have competition. On the other hand, they got through their local singularity so maybe we can do it too.

            • Withnail says:

              On the other hand, they got through their local singularity so maybe we can do it too.

              ‘The Singularity’ is a religious belief like ‘Nanotechnology’.

            • Tim Groves says:

              Keith, none of us have attempted to analyze the phenomenon as much as you have. But I think there are four distinct possibilities. Either it’s natural or it’s artificial or its mechanical/analytical error in the observation system or its a huge windup.

              I lean heavily toward the hypothesis that something natural between us and the cluster is creating the observed light fluctuations.

              And I also believe that the analysis of the observations MAY be flawed IF it is telling us that there is one object orbiting each of these stars and that in each case it is positioned to maintain a 65K temperature that seems to be optimal for computation.

              But, as I’ve said before, I am not qualified to judge this one. You may have seen evidence that this is unlikely to be a natural phenomenon and you may be better qualified to judge this than I am.

              Are there any short- or medium-term implications for Our Finite World or human civilization in general if this turns out to be artificial? Over the longer term, I can appreciate this might inspire Elon and Jeff to redouble their efforts to do space stuff, as they will have something to emulate and also to inspire them.

            • hkeithhenson says:

              “there is one object”

              It is more like a couple of dozen (at least) around each star. People have been speculating that we or aliens will build Dyson spheres and englobe stars. The physics may lean toward Dyson patches in orbits.

            • keith

              you evade the reality that we are made of star stuff

              and thus subject to same laws as those that prevail across the galaxy

              wittering abot stuff that is a product of your imagination—does not–repeat not—make them real,

              no matter how much you indulge in wish-science

              ‘cos thats all it is–wish-science—just like the simulacrum/nanowhatever/singularmental claptrap….words plucked from the letterbag of scientific scrabble

            • hkeithhenson says:

              “you evade the reality that we are made of star stuff
              and thus subject to same laws as those that prevail across the galaxy”

              Hardly. Even more important is orbital mechanics, the laws that govern planets and other objects in orbits around stars. The other important law is thermal radiation. Those are major consideration when looking for aliens.

              “wittering abot stuff that is a product of your imagination—does not–repeat not—make them real,”

              You might note that this is not *my* imagination. I am just following a raft of astronomers like Jason Wright. They took years to come to the conclusion that we are looking at alien mega-structures.

              “no matter how much you indulge in wish-science
              ‘cos thats all it is–wish-science”

              I don’t think you understand at all. If there was any “wish” involved, I would wish what we see not to be aliens. They complicate our future which was already too damned complicated. Reality, unfortunately, is reality and whatever is real we have to cope with it.

              “letterbag of scientific scrabble”

              I originated almost none of this, just repeating what is well understood by a bunch of people most of whom are a lot smarter than I am. Folks like Freeman Dyson, Hans Moravec, Gerard O’Neill, Eric Drexler and Ben Goertzel. I have been fortunate to have interacted with them. If you find my ideas to be strange, for the most part they are not my ideas.

            • am suspicious of the super smart folks

              take hawking—

              he stated that we will inhabit other worlds as our population expands.

              a—-most other planets seem to be barren superhot or supercold rocks with no means of supporting any form of life

              or b—no doubt there are life supporting planets out there—but if thats is the case, there will be life already there, almost certainly hostile to us showing up.

              so much for hawking’s intellect.

              being supersmart is no guarantee of logical supereasoning power—personally i call it tunnel vision genius.

            • hkeithhenson says:

              “take hawking—”

              Take O’Neill. In the late 60s he recognized that there was no suitable real estate on planetary surfaces in the solar system and proposed spinning cylinders. There is enough material in the asteroid belt to build 2000 times the area of the Earth.

              “no doubt there are life supporting planets out there”

              So far the astronomers have not found any.

              “almost certainly hostile to us”

              If so and they are thousands of years ahead of us, we are in trouble.

            • hkeithhenson says:

              “all life forms require food water and shelter”

              Not in a simulation. There you eat imaginary food, drink imaginary booze, and live in a simulated palace.

              If you want a detailed description of how this could come about, read “The clinic seed.”

            • Withnail says:

              They complicate our future which was already too damned complicated.

              Don’t worry, the future is going to be very simple. No need for governments, schools, hospitals, roads, books, or any of that.

            • hkeithhenson says:

              “Don’t worry, the future is going to be very simple.”

              You might be right, but I suspect things are going to get more and more complicated.

              And I don’t think there is any way to stop it. The US has tried to slow down China and that has been a failure. I know you don’t acknowledge what has made so much news in the last year, but the acceptance of LLM was the fastest adoption ever seen on the Internet. The last straw was the drama with Sam Altman and the Open AI board. People are talking about laptops being able to run a LLM.

              I don’t blame you for trying to project a simple future, I have been up on this for a long time and I often feel lost. Smart phones and cars spy on you continuously, your computer reports what you do to Microsoft and Google. I don’t see any way to avoid a future that just gets weirder and weirder.

            • Keith

              understandably—the complexity of your scientific background imagines only more complexity.

              But as Tainter explains it succinctly:—The complexity of societies is what brings about their collapse.

              I have no scientific background, so envisage only a future simplicity.

              Which of us is correct?—no way of being sure of course.

              but

              The complex nature of any society is directly and specifically linked to the surplus energy available to support it. (NP+ others)

              If our future energy support level is infinite–you will be proved correct

              If it is finite, I will be proved correct.

              Your take on it contravenes the laws of physics, mine does not.

              the same laws of physics applies throughout the universe, because the materials that make up the universe are common.—-there is nothing ”different” out there.

            • hkeithhenson says:

              “Which of us is correct?—no way of being sure of course.”

              Sure there is. Wait and see.

              “future energy support level is infinite”

              Eventually the sun will burn out. But short of that, there should be no shortage of energy. Unless you are making a case that we will run out of sunlight.

              “Your take on it contravenes the laws of physics, mine does not.”

              I don’t think much of your grasp of physics. But I have said that before.

            • our means to acquire and convert energy from one form to another–will run out

              simply through the laws of diminishing returns

              the above sums up my grasp of physics.

              It is a branch of physics that has eluded you–obviously too inconvenient to accept.

              ///Instead we are promised a life floating around the solar system, as nano-beings—consuming energy in unlimited amounts, heading towards a singularity.///

              now keith—read back over that paragraph of utter tosh—and you call my grasp of physics into doubt?

              If I’m around when your cryo-company goes bust, and youre lying there in a puddle, it will test my self control to the limit—-not to say ‘i told you so”.

              but then—when i see physics in operation, i check to see what laws of economics underpins the activity in question

              you should too.

            • hkeithhenson says:

              “our means to acquire and convert energy from one form to another–will run out
              simply through the laws of diminishing returns
              the above sums up my grasp of physics. ”

              https://en.wikipedia.org/wiki/Diminishing_returns

              “It is a branch of physics that has eluded you–obviously too inconvenient to accept.”

              It’s economic theory, not physics.

              “///Instead we are promised a life floating around the solar system, as nano-beings—consuming energy in unlimited amounts, heading towards a singularity.///”

              “now keith—read back over that paragraph of utter tosh—and you call my grasp of physics into doubt?”

              Not just physics, comprehension. Nothing floats around, it’s got to be in orbit or if falls into the Sun. Floating is what you do in water. Unlimited energy, not possible, the Sun does not produce that. Energy does not seem to be the limiting factor even for the aliens around Tabby’s star though they are sopping up 1.4 million times what humans use. As for the singularity, chances are that will happen before we seriously go into space

              As for your comment about cryonics, I will refrain from responding.

            • /////Energy does not seem to be the limiting factor even for the aliens around Tabby’s star though they are sopping up 1.4 million times what humans use.////

              keith, i note from the above snip that you have moved from the maybes into certainties about aliens now.

              you are about my age—and, as my ofw fellow beings will testify, we all go a bit peculiar at this age (some much earlier of course).

              i too think that other life forms exist—but i have not drifted into the certainty of making statements about what they are up to.

              as to cryo—your frozen future is entirely dependent on on the continued commercial success of those running business that keeps you that way.
              in the history of humankind, no ‘business’ (and it is a commecial business) has ever retained its commercial viability forvery long, in tierms of human lifetimes.

            • hkeithhenson says:

              “certainties about aliens now.”

              If you have any other way to account for the blinking of those 24 stars, please speak up. I was forced into that conclusion reluctantly.

              “certainty of making statements about what they are up to.”

              The deepest dip is 22%. From that it is easy to figure out how big the object is, 400 times the area of the Earth. We know how long it took to cross the star, that gives the velocity and from that the orbit. Even out at 7 AU, the object blocks an amount of light equal to 1.4 million times what humans use and does so without re radiating the light as heat. (By analogy with my radiator work on power satellites, the thermal radiation is at right angles to our line of sight.) The idea of it being a mass of computation is based on ideas from the Extropians in the early 90s.

              Like I say, if you have a better idea, speak up.

              “commercial success ”

              It’s a non profit. If they suspend Peter Thiel, I doubt they will run out of resources very soon. Though I think he will live into the era where people quit dying. At the rate things are progressing, it’s possible I might too.

              https://www.lifespan.io/news/reviewing-david-sinclairs-first-lifespan-book/

            • keith

              i’m incurably curious

              and when someone obviously intelligent keeps going on about something—ie tabbys star, i dont dismiss it out of hand–i am intrigued and google-happy

              hence–
              https://en.wikipedia.org/wiki/Tabby%27s_Star#Hypotheses

              too much too relate here— i can only suggest other ofw’ers read it—not that there’s anything of consequence.—-i see it as a public service to shut the nonsense up.

              then we get to the
              ”era when people quit dying”…part

              keith–i dont ridicule the effects of old age–we all get there in the end irrespective of past achievements-i will not escape it, unless i get run over by a bus–i would prefer to think you are winding me up—if so–i share the gag.–but dont see the point.

              but the above is a new one….—could you ask a third party to read and ok your comments?
              era when people quit dying —-is bonkers

            • Humans are dissipative structures. We cannot “quit dying.”

            • as i said–i dislike suggesting that someone has ”lost the plot”–because its the end that awaits all of us.

              but then we have cryo-stuff, aliens, and now the ‘era of not dying”

              keith, you are an intelligent man–that is not in doubt.

              but you really should re examine all this stuff

              you are not an eddy lookalike.—something may be wrong.—not trying to denigrate you in any respect.

            • hkeithhenson says:

              “you really should re examine all this stuff”

              Very little of it is my ideas. The ideas come from people who are considerably smarter and more influential than I am. They don’t post here, but you can find their stuff on the net if you look. Most of this I learned over decades, the Tabby’s Star business is something that was forced on me by the evidence in the last year or two. Not a happy camper about it, but it seems to be real and, like it or not, you have to cope with real.

            • lol keith

              when your real is 1000 lyr away

              i stick to earth real—you should too—just trying to help

            • hkeithhenson says:

              “is 1000 lyr away”

              511 LY for the closest one.

            • oh sorry

              whats a few hundred light years between neighbours

              my mistake

            • Fast Eddy says:

              keith — too many comments — where do you find the time – have you abandoned space solar experimentation?

            • hkeithhenson says:

              “Humans are dissipative structures. We cannot “quit dying.””

              By that argument there would be no more Model T cars around.

              We certainly don’t know how to do this yet, but there is no physics laws I know about that puts a limit on the lifespan of an animal.

              And if we upload that’s a whole different kind of long life.

            • hkeithhenson says:

              “era when people quit dying ”

              Do you accept that the Trinity test, the first detonation of a nuclear weapon, was conducted on July 16, 1945?

              Before that date it was “bonkers.” After . . . .

              If you can think of a physics based reason life extension will not work, lots of us will be very interested.

            • yup keith

              nuclear fission has nothing whatsoever to do with life extension.—i am continually amazed at your mental acrobatics.

              already we live beyond our allotted span through better food and health

              personally i work hard at it–amd at the mo am as fit as a flea–even at 88–last year my doc asked me to call in as they hadnt seen me for years. no spare parts fitted yet.

              but thi is likely my final decade—i dont delude myself in that respect—and i dont want to live past 100—where i really would need physical care—yuk.
              if i have young girls in nurses uniforms doing things to my body—i would like to be able to return the compliment, tyvm.

              the human body wears out, as it is intended to do.
              yes—we can fit new bits, but that has its limits–you cant fit new joints where bones themselves are crumbling away.

              rather like the roadsweeper–proud thart his brush has had three new heads and four new handles—and still as good as ever.—hmmmm

              i do stuff with my mind (arguing with you for instance)—but that too will slip away. seems people want to listen to me rambling on, and pay to do so, same with writing.
              i like that, but it wont last.
              no medical intervention is going to change that

              it is foolish to think otherwise

            • keith

              ///// live on energy from their star. ////

              you just described lizards

            • Withnail says:

              Smart phones and cars spy on you continuously, your computer reports what you do to Microsoft and Google. I don’t see any way to avoid a future that just gets weirder and weirder.

              Just imagine less and less affordable energy and food. There aren’t going to be any smart phones or cars. Just lots of dead people.

            • hkeithhenson says:

              “Just lots of dead people.”

              You could be right. But I suspect that the future will be much stranger than being dead.

            • Withnail says:

              Though I think he will live into the era where people quit dying. At the rate things are progressing, it’s possible I might too.

              You, me and Peter Thiel are all going to die. People will never quit dying.

              What is this ‘progress’ you imagine is happening? There isn’t any.

            • Withnail says:

              By that argument there would be no more Model T cars around.

              Machines are not people and people are not machines.

              We can make brand new parts for old machines even if we don’t have the bluepirints for them or the old way of making them, then install them and say it’s the same Model T. But it isn’t really the same one that rolled off the assembly line.

              We can’t repair a human in the same way. When a human is dead, that’s it.

          • Withnail says:

            am suspicious of the super smart folks

            take hawking—

            he stated that we will inhabit other worlds as our population expands.

            Did he really believe that or was he saying it in his role as media personality? You can’t trust what the television tells you, not even the BBC.

        • He is the modern day version of Baron Saint Germain, a mysterious figure who claimed immortality but was probably some agent from who knows where.

        • chngtg says:

          It comes to no surprise to me that the responses received on Musk or “we live in simulation” are “as expected”. There is no originality or critical thinking involved. I was introduced to Socrates Paradox just a few days ago here and if I understand it correctly, it is more like giving critical thinking priority and asking a lot of “whys”.

          There are always people who are deemed “awake” or “aware” who are always defending someone or some ideas blindly. Why is it so difficult to give “we live in a simulation” a critical thinking process ? It seems that people are more interested in ” He is either a cutout, a manufactured hero”, “Musk has gotten special legal treatment”, “He built a team for neural implants and brain-machine interface”, “Musk et al are all just parvenu oligarchs.”

          How would even know what you read is right or just another fake article that you follow and believe is true? Why are you not interested in sitting down and think critically “Are we in a simulation?” rather than just coming out with reasons and excuses that cannot even be substantiated. This is not Socrates Paradox in action because there is no originality in thinking.

          The only person here who has the originality and that person is FE. Does it really matter if he is wrong? People will just jump on it and say “aha he was wrong before and he will be wrong again”. It is his originality, the idea that came out from his critical thinking. No one came out with UEP. I can say it is brilliant and it does not matter if he is right/wrong. It is an original thought.

          Why is it Steve Kirsch, Igor Chudov, etc all harp on vaccine and people just follow along? It has FE who said “why is that happening?”, “What is wrong with you guys going in circles?” Why is it there is fake wars that does not make any sense? Why is it that all the world leaders cooperate on the vaccine when they cannot even cooperate on the electrical sockets?” That is critical thinking in action. Original ideas come out and they not going in circles. He persisted eventhough people poke fun of him.

          People poke fun on FE here because, I felt that they are no different from the vax supporters. We say that those people who took the vax lack critical thinking. Well, I see no difference here. Don’t they want to put in some critical thinking that we live in a simulation? Perhaps it is just too distressing? Well, you behave no different that the vax takers. Only, a little more aware, nevertheless same same.

          We see people posting and talking about some alternative renewables and people can live in certain cities or in rural area post collapse. We are already way too detached from reality that we lost our critical thinking skills. We just follow what other “like-minded people” say.

          I have already posted many times that we don’t have the skills, resources and knowledge to live the lives of the 1800s. It takes months to grow vegetables. Who knows how to convert wool into yarn and then weave into a piece of cloth and then tailor it into a sweater? How many tribes in the world are capable of living completely off the grid and not depending on even a single bit on modern technology (modern as in post 1700 technology). Amish? Come on, put in your critical thinking cap.

          Don’t the people here even realise what they are typing? Where is the critical thinking being put in? None I should say so. These are the same people who says that we are going in circles here. 100% correct. Echo chamber of a different kind but still an echo chamber. So, to me, what is the difference between those who think that humans can salvage and use metal from cars post collapse and those who think vax is safe and effective? Same, just maybe a difference in magnitude. Vax is lower and “salving scrap metal for use post collapse” is slightly higher level.

          These people just simply cannot see the forest or even soar above the trees. Just like the followers of Kirsch, they are angry when you suggested something else like UEP.

          I think therefore I am

          • Cromagnon says:

            I have nothing to add other than, I have grown rather fond of Eddie. But I am of course a bit of a misanthrope….so that sorta follows……

            • Fast Eddy says:

              We misanthropes need to stick together …

            • Kowalainen says:

              Misanthropy is somewhat a misnomer. As if Rapacious Primates got a choice and could be judged based on that.

              It is not okay to despise mentally ill people, and a lowball estimate is at least 95% of hoomans being moderately to severely deranged.

              And speaking of of overpopulation. Females of the species Rapacious Primates ovulates 12 times a year.

              Hypers gonna hyper, and interestingly enough, the last Hyper isn’t born yet. But don’t you worry, the species sexual dimorphism, instincts and tendencies will take care of it in no time flat. Yes indeed, yet another suckling spawned and permanently superglued to the fossil fuel spigots.

              It is no wonder it is what it is.

              However, to cheer up, let’s chant together:
              HYPERS GONNA…
              (etc.)

              🤣👍👍

            • Fast Eddy says:

              Self hating humans

          • Fast Eddy says:

            Why is it that all the world leaders cooperate on the vaccine when they cannot even cooperate on the electrical sockets?

            Bravo… Bravo…. I have reposted that on Crispy Miller and Sage under Quote of the Day.

          • ivanislav says:

            We don’t really know anything other than that we exist, perceive, and think. If you have something useful to say about what reality actually is, by all means do.

            Apparently you prefer to philosophize over the nature of reality and that others not discuss events within our reality? Weird. We need to deal with the apparent reality, whether artificial or not, too.

            • CTG says:

              You are not ready…… continue to go in circles

            • Tim Groves says:

              Apparent reality — I like it.

              It’s useful to be reminded that what we perceive is not reality itself, but fabrications knocked together in the toolshed of our minds from the timbers—the raw materials—of our sensations and held together by the nails screws and joints of our imaginations.

              Or something along those lines.

  19. Jan says:

    @Eddy

    As much as I understand the ADE (=Bin. Poison) hypothesis cannot yet be excluded. The necessary safety studies have not been made (no source atm). We still have to concede your scenario may be right.

    As it seems a lot of critical mechanisms have not been tested by the authorities. This leads to the idea, that the substances cause celltoxiticy which includes a very high risk of future damage.

    “Therefore, the molecules of ALC-0315, once penetrated and released into the cytosol, after the disassembly of the LNP envelope, reach maximum predominance of their cationic form, and thus express the maximum of their cytotoxicity, stimulating the secretion of pro-inflammatory cytokines and reactive oxygen species (Hou et al., 2021). These ROS, in turn, may have devastating toxicological consequences including genotoxicity (Yun et al., 2016; Yu et al., 2020), leading to very serious problems, in the medium and long term, particularly for parenteral applications, as previously known also to the manufacturer of the medicinal product Comirnaty (BioNTech patent US 10,485,884 B2, 2019). Furthermore, the exceptional penetrability, mobility, chemical reactivity and systemic accumulation of uncontrollable cationic nanoparticles, with high cytotoxicity levels, in unpredictable biological locations, even far from the site of inoculation, have predictably resulted in an unprecedented medical disaster. It should be noted that, with any agent that causes genetic damage, including cytotoxic anticancer drugs, there is a risk of cancer (including leukemia), and moreover there is a lifetime limit on the overall dose that can be tolerated.”

    https://ijvtpr.com/index.php/IJVTPR/article/view/87/225

    (@Student this is an italian researcher)

    The injected particles are loaded negatively and would go therefore to positively loaded areas in heart and nerve system. The particles would also go quickly into the liver where they may block tiny capillaries and cause thrombs and necrosis. Liver, heart and nerval damage is not easily diagnosed and may show longtime effects only later. I cant provide sources for this atm.

    In Germany, there is a discussion going on, that a lot of very risky proceedures were accepted which are likely to create a longtime effect of severe damage. The idea is, that this was done knowingly as it seems as if the responsible researchers and controllers have published long before the opposite of what was decided later.

    Proponents may refer to pandemic pressure for speed. The point is though, that EMA has recently confirmed it is not possible to reduce transmission and infection by these substances and that it was known from the beginning.

    Within our discussion “Bin. poison” or “longtime effects” or “safe and effective” it seams as if the “longtime effect” hypothesis – purposely or not – can be proven. It does not exclude ade though.

    We still don’t know though, what was in the individual batches.

    Bhakdi has said, that every organism faces damage, which sooner or later contributes to illness and death. If one had to face to be damaged by injections, it is recommended to avoid all “normal” damage from smoking, stress, food, non sports. Like this damage could be compensated.

    Meanwhile there are also procedures published how to fight damages (amount them natto and NAC). As the celltoxiticy creates inflammation a ketogenic diet may be an idea which reduces inflammation.

    From that point of view I am afraid that the agenda has already been successful whatever comes with the secondary wave approach.

    • Student says:

      Jan, thanks, but this is just another nail to the fully and heavily nailed coffin.
      ADE, toxicity, short, medium and long time adverse events.
      Heart, cancer, leukemia, liver, the list is very long and every damage doesn’t exclude the other.
      It is a closed chapter.
      The open one is that all the people responsible for that is still there to make and implement other policies for our good and safe ‘future’.
      That is scary.
      The rest is scary, yes, but it is the past and it is crystal clear.

    • Fast Eddy says:

      The thing is ..

      They would not want random mass deaths over time… that would collapse BAU…

      What you need is a mechanism to cause mass death — in a short period of time… say a few weeks or months…

      If you can do that then everyone not dead will be terrified — even the A Vaxxers… they will do whatever they are told … including agree to be locked down…

      Of course they won’t agree to be starved to death … but they won’t know they are being starved to death….

      I am in lust with the damaged immune systems meet lab made pathogen >>> pneumonia outcome for billions…

      They say https://pneumonia.biomedcentral.com/articles/10.1186/s41479-018-0052-7

      Much better than being raped, murdered then eaten… definitely better than that!

      Keep an eye on the global economy … that’s the trigger for the release

      • Withnail says:

        Nothing interesting happens in Britain and nothing ever will.

      • Pedro says:

        Where do you get the idea that even anti vaxxers will be terrified and will do whatever they are told?
        I’m not expecting someone to feed me. I have that all figured, and I don’t need your approval, some people can actually think for themselves.
        I suspect there are many out there who manage to think out their options without referring to the know all FF.

        • Fast Eddy says:

          When you look out the window and there are dead bodies lying on the street… and you are being pummelled with images of dead and dying in the hospital parking lots..

          Because an extremely deadly pathogen is in circulation … that is extremely contagious and 100% lethal (and that will be the truth if you are vaxxed but they will not tell you for the unvaxxed it’s a sniffle)…

          I think you will do exactly what you are told.

          And for the few who don’t… martial law will be in play… enforced by specially selected anti terrorist troops who will not have been vaccinated… and they will put a bullet in your head if you stop out of your house.

          And if you survive the mass die off… you’ll die of cancer.

          There are 4000 Spent Fuel Ponds Around the Globe…

          If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.

          One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.

          It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
          http://science.time.com/2011/03/15/a-new-threat-in-japan-radioactive-spent-fuel/

          Japan’s chief cabinet secretary called it “the devil’s scenario.” Two weeks after the 11 March 2011 earthquake and tsunami devastated the Fukushima Daiichi Nuclear Power Plant, causing three nuclear reactors to melt down and release radioactive plumes, officials were bracing for even worse. They feared that spent fuel stored in pools in the reactor halls would catch fire and send radioactive smoke across a much wider swath of eastern Japan, including Tokyo.
          https://energyskeptic.com/2017/the-devils-scenario-near-miss-at-fukushima-is-a-warning-for-u-s/

          The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.

          Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident

          https://pubmed.ncbi.nlm.nih.gov/16628547/

          However, many of the radioactive elements in spent fuel have long half-lives. For example, plutonium-239 has a half-life of 24,000 years, and plutonium-240 has a half-life of 6,800 years. Because it contains these long half-lived radioactive elements, spent fuel must be isolated and controlled for thousands of years.

      • Tim Groves says:

        Of course they won’t agree to be starved to death … but they won’t know they are being starved to death….

        Just tell them that an extreme ketogenic diet is good for them and most of them will go at it like Karen Carpenter.

  20. raviuppal4 says:

    From the blog of Quark in Spain . An interesting comment .
    hole in headDecember 2, 2023, 10:41
    When I talk to the man on the street and try to explain him peak oil, I use this method. I ask him to imagine that our body is the planet earth, the roads, shipping canals and air routes are the arteries and veins and oil is the blood that runs through the system. If their is no blood then the body will die. So once the oil goes so will the planet. Next I tell him the oil does not have to go to zero. Just 10% loss will kill the system. The fact is that our body has 5 liters of blood. If we loose 0.75 liters we will become incapable of working (dizyness, fatigue, etc), if we loose 1.75 liters is called terminal shutdown that means your kidneys, heart, liver etc will shutdown and you will die. Same is with oil .This is one of the reasons that I am worried about the ELM model . Exports are the key, not total world production or even regional oil production

  21. MikeJones says:

    The Biden administration has finalized a rule to significantly cut the US oil and gas industry’s emissions of methane, a powerful planet-warming gas that scientists and climate advocacy groups have pressed nations to rapidly reduce as global temperature soars.

    The announcement came amid a wave of pledges at the COP28 climate summit in Dubai on Saturday, including one from 50 major oil companies that have committed to slashing their methane emissions by the end of the decade by capping leaks and monitoring wells.

    Methane, the main component of natural gas and a byproduct of fossil fuel drilling, is a potent source of climate pollution with more than 80 times the warming power of carbon dioxide during its first two decades in the atmosphere. The oil and gas industry is one of the main sources of global methane emissions, according to the International Energy Agency.

    Climate
    US announces rule to slash powerful planet-warming methane by nearly 80% from oil and gas
    By Ella Nilsen, CNN

    Yep, another pledge so we can try to do it while increasing our emissions.. Touche

    • With respect to oil (not necessarily natural gas) this change will close tiny, inefficient oil wells that are running on government subsidies today, among other things. It will affect small producers much more than large companies.

      I am pretty sure I saw an article somewhere saying that wells providing 3% of US oil supply would be affected. The article I can find now says that 6% of (oil and gas) wells will be affected.
      https://www.voanews.com/a/us-issues-new-rule-on-methane-emissions-/7381587.html

      Studies have found that smaller wells produce 6% of the nation’s oil and gas but account for up to half the methane emissions from well sites.

      Old stripper wells would seem to be among those affected. These often have small owners.

    • carter tried to move in that direction—it lost him the election

      the same will happen to Biden

      the result will be catastrophic on numerous counts—not just climate

    • JesseJames says:

      This new rule will be opposed in court by certain states.

  22. I AM THE MOB says:

    BREAKING: CANADA IS THE NEXT COUNTRY TO REPORT CASES OF THE MYSTERIOUS PATHOGEN OUTBREAK

    The notice from the Calgary Hospital reveals four cases of ‘White Lung Disease.’

    https://twitter.com/MarioNawfal/status/1730694626070200605

    • Cromagnon says:

      LOL
      I hope it devastates urban Canadians. A bigger bunch of weak, passive, subservient worm people there has never been.

      Bring it on.

      • drb753 says:

        The Palestinians were like that in 1948. They can now start to see the beginning of the end.

        • Student says:

          drb753, when you say ‘the beginning of the end’, you mean that the Palestinian situation will be somehow solved in the next months/years or that they will be completed erased?
          Thanks

          • drb753 says:

            Well, in 2006 and 2014 they fought the Israeli to a standstill. This time seems to be the same. The Hegemon protecting Israel is weaker by the day, and fewer and fewer Jews prefer Israel to other locales. There is also the fact that, with things cut left and right due to lack of fuel, at some point it will become too expensive to give all that fuel to Israel. Israel without fuel will be driven into the sea the next day. Every notable historic trend favors the Palestinians.

            The Israeli know this, hence the Patagonia and Ukraine plans. Also many Jews in Siberia, both in Tomsk and near the Chinese border.

          • drb753 says:

            Seems like there were bad words in my answer, not coming through.

            • Student says:

              Yes, thank you drb753.
              It is true, Argentina is another chapter that is opening out and I think some surprises will arrive.
              I’ve not understood yet what.

            • drb753 says:

              Patagonia is ongoing for a decade at least. My daughter visited the Chilean side 6 years ago, encountered only Israelis.

      • David says:

        Up to 90-95% of people in Oz, NZ and Canada seem to have been persuaded to take the injection. In the UK the figure seems to be ~75%, according to Norman Fenton’s work. The US figure also seems to be ~75%.

        Was the coercion (even) worse … or are people in those three countries more subservient to the state?

        • Dennis L. says:

          Close enough to the 80/20 rule of the universe as an explanation.

          Dennis L.

        • Cromagnon says:

          Take a founder population that has been subject to 1000 years of medieval manoralism (and the subservient behaviors it selects for). Give them a resource rich geography to exploit without real external threats, tell them a BS story about “equality” and human rights….oh yeah, and don’t forget to tell them that the bankers (1 thousand years of joooos doing their math for them) and the lawyers (comprised of the same elect population as the bankers) are their friends…..

          and you get the common wealth

          pathetic worm farms that they are

        • Hubbs says:

          Oz, NZ, Canada: “Give us your guns, and we’ll give you our injections. “

  23. Fast Eddy says:

    Newly Leaked Data Shows Just How Dangerous the COVID Vaccines Are
    Why Does the Government Hide Vaccine Injury Data and When Will This Stop?

    https://www.midwesterndoctor.com/p/newly-leaked-data-shows-just-how

    • This is a quote from the article. The original has lots of links:

      In each of the past vaccine disasters, the dangers of the vaccine were eventually exposed by the media, before long the unsafe vaccine was pulled from the market, and ultimately, there was some degree of accountability (e.g., the responsible officials had to resign or the victims received financial compensation through the courts).

      Seeing that this was not good for business, the vaccine industry in turn adopted a few strategies which radically tilted the deck in their favor:

      •Bill Clinton in 1997 legalized direct to consumer pharmaceutical (drug) advertisement (something only otherwise legal in New Zealand). Since most of the pharmaceutical industry’s expenditures are in advertising, this allowed them to become the dominant advertisers on television, and within a few years, the networks stopped being willing to air stories critical of vaccinations, even when the CEO personally supported the story being aired.
      Note: the final unsafe vaccine the American media exposed was George W. Bush’s 2002 “emergency” smallpox vaccine (which rapidly ended the program because there were too many injuries in the military). Not long after, in 2006, the incredibly dangerous HPV vaccine entered the market, and despite a deluge of injuries, the American media would not touch it—instead it was exposed by a Danish network in 2015.

      The bottom line is that once the pharmaceutical companies could advertise in the media, no one would touch stories about how dangerous they were.

      • Rodster says:

        I am always amazed at the levels of dishonesty by Big Pharma, whenever I see any of their commercials. The first few seconds shows a happy energetic individual playing with his or her family members. The next 80% is followed by all the side effects which some can be very harmful, if not fatal. The last 10% ends with the same smiling, happy energetic person playing with family members.

        As the list of side effects roll, it’s like listening to a car dealership commercial on the radio, i.e. fast talking person.

  24. raviuppal4 says:

    A series of posts on the pricing of oil at POB . The machines are incharge ,
    GERRY MADDOUX
    IGNORED
    12/01/2023 at 5:48 pm
    It’s possible that we have a bigger global problem than just supply & demand. The CTA’s (computerized trading advisors), basically using a form of algorithmic AI, have hijacked commodities, especially oil and gas. And man, are they taking it on a ride!

    The market is fairly balanced, yet when OPEC+ made a larger production cut the price of oil went down, not up. That’s the new CTA norm: when the price goes down, the algorithm sells into it; contrarily, when the price goes up, the algorithm buys into it.

    That wouldn ‘t have been such a problem a few years back when you drilled a good well and expected it to produce about level for a couple of years, then tail off slowly. But now with the shale well, when roughly 75% of production occurs in the first year and a half, bring on a dozen wells from a drilling pad and watch them sell $70 oil and dollar gas for any stretch and you’ve got a big problem.

    These guys are creating synchronized chaos. The CTA segment is so big now that you can’t bet against it, nor can you allow a sliver of human emotions in. They have taken an inelastic commodity and, I kid you not, made it more or less elastic, stretching to their whims. This is going to create a disaster at some point.

    HHH
    IGNORED
    12/01/2023 at 10:56 pm
    CTA’s trade on momentum. If prices sell off then they will exacerbate the move down. They’ll also exacerbate moves to the upside. They don’t care about price or anything else except for momentum.

    When we get shitty economic data. The kind of data that tanks bond yields. Oil prices are going lower with the bond yields. Because the data is crappy and becoming more crappy as we move forward towards 2024. Those CTA’s were long and have to lock in gains before gains turn into losses. So we have mechanical selling of oil futures on bad data. US factory activity contracted by more than was expected.

    It’s the economic data that decides the price of oil. It’s the economic data that decides what bond yields are. CTA’s just make money for big banks on short term plays on momentum.

    CTA’s will front run stock buybacks and add to moves but they don’t directly dictate what the price is or what direction the price is going.

    POB is Peak Oil barrel blog .

  25. jimi says:
  26. Fast Eddy says:

    College Football Player Reed Ryan Dead At 22… when he suddenly went into cardiac arrest.

    https://www.tmz.com/2023/11/29/college-football-player-reed-ryan-dead-at-22-after-collapsing-during-workout/

    • Adonis says:

      The cull continues amongst the ignorant I wonder what the Chinese virus will lead to more lockdowns perhaps

    • Rodster says:

      But it wasn’t the vaccines, right? They never kill or injure young people. They only kill old people, according to Gail. Hey Bronny James has been cleared to play at USC. I’m waiting for that. 🤓

      • Fast Eddy says:

        How DARE YOU suggest he killed himself with the Rat Juice… how 789ing dare you!!!

        He had a large loving heart… and that killed him.

        Ryan’s family explained in their obituary the medical emergency was all due to “an undetected genetic heart condition and a large, loving heart.”

  27. Fast Eddy says:

    This is a joke… right?

    • Student says:

      I’ve not read yet anything from technology point of you about this car, I’d like to say something only from an aesthetic point of view:
      it looks like a pile of sheet metal put together with a welder in a suburban garage.

    • It is not

      https://www.youtube.com/watch?v=nuiR_ghcAJY

      It seems to be a solid bugout vehicle, for the winners. Sorry, people who can’t afford $100k need not apply

      • Rodster says:

        “a solid bugout vehicle”

        That thing is a laptop running Windows with 4 tires.

        That high tech vehicle might have the potential to lock you out and anyone else during a civil disturbance. Don’t discount the government having a backdoor access to that vehicle. On a Tesla, the door handles only lift when the person carrying the Keyfob gets near it. That’s so high tech, a person looking to use it as a bugout vehicle might wish they purchased an early 1970’s Ford or Chevy pickup instead.

        • Fast Eddy says:

          I skimmed that video… surely he is being paid to make that… cuz it is completely ridiculous

      • Fast Eddy says:

        That has ‘look at me – I’m a f789ing re TARD’ written all over it.

        ‘cept the other RE tards … will gawk in admiration while spanking their monkeys as one would expect from the rapacious primitive wicked beasts

      • Withnail says:

        It’s a movie prop displayed by a con man.

  28. Fast Eddy says:

    A new report from Statistics Canada says life expectancy for the average Canadian at birth has fallen for three straight years, from 82.3 years in 2019 to 81.3 in 2022.

    The report on deaths shows New Brunswick saw the biggest decline in life expectancy in 2022, dropping to 79.8 years from 80.9 in 2021. Saskatchewan’s life expectancy has fallen the most over the past three years combined, dropping a full two years to 78.5 in 2022 from 80.5 in 2019.

    Cancer and heart disease were the leading causes of death, accounting for 41.8 per cent of all deaths in 2022, while COVID-19 caused about six per cent of deaths.

    More than 19,700 Canadians died of COVID-19 last year [2022], the highest number since the pandemic began in 2020.

    The report shows the rate of COVID-19 deaths in Atlantic Canada was more than seven times higher last year [2022] compared with the year before [2021].

    https://live2fightanotherday.substack.com/p/canadian-excess-mortality-trivia

  29. I AM THE MOB says:

    Republicans Warn Lockdowns Coming as China Pneumonia Spreads

    Republican lawmakers sent an urgent plea to President Joe Biden on Friday as a concerning rise in pneumonia cases continues across China.
    https://www.newsweek.com/republicans-warn-lockdowns-coming-china-pneumonia-spreads-1848849

    Look at this horror. (Children’s hospital in China)
    https://twitter.com/susieq1007/status/1730775714817798528

    • Any excuse for a lockdown is a good excuse. It saves fuel of all kinds and acts as an excuse to borrow more money.

      • Student says:

        At this point we can notice that US and China seem partner on this front.
        It seems that China hits the ball and US receives it.
        I’m surprised that Republicans support that behaviour.

  30. Mirror on the wall says:

    https://tass.com/politics/1714707

    Kiev loses over 125,000 troops in six months of counteroffensive — Russia’s defense chief

    Russian troops “are operating competently and decisively, gaining more advantageous positions and expanding areas of their control in all directions,” Sergey Shoigu emphasized

    MOSCOW, December 1. /TASS/. Kiev has lost more than 125,000 troops and 16,000 items of armament over six months of the so-called counteroffensive while Western arms supplies and mobilization activities in Ukraine only increase the Ukrainian army’s casualties, Russian Defense Minister Sergey Shoigu said on Friday.

    “An all-out mobilization in Ukraine, the deliveries of Western armaments and the commitment of strategic reserves to combat by the Ukrainian military command have not changed the situation on the battlefield. These desperate actions have only added to casualties among Ukrainian army units. Over six months of the so-called counteroffensive, the enemy has lost more than 125,000 personnel and 16,000 items of various armament,” the defense chief said at a conference call with military commanders.

    Russian battlegroups are inflicting effective and strong damage on the enemy by firepower, which has considerably diminished the Ukrainian army’s combat capabilities, Shoigu said.

    Russian troops “are operating competently and decisively, gaining more advantageous positions and expanding areas of their control in all directions,” the defense chief emphasized.

    According to the Russian Defense Ministry’s data, units of the 810th marine infantry brigade, the 150th motor rifle division, the 4th, 15th, 114th and 123rd motor rifle brigades especially distinguished themselves over the past month of battles in the special military operation.

    “We will keep conducting active defense operations and building up the combat potential of the armed forces, taking into account the experience of the special military operation,” the defense chief added.

    * * *

    (Machine translation from a Greek article.)

    https://warnews247.gr/ektakto-antarsia-sto-kievo-synomilies-zalouzni-gkerasimof-gia-tous-orous-paradosis-tis-oukranias-i-rosia-sygkrotei-taxiarchies-pyrovolikou-ypsilis-ischyos-gia-tin-teliki-epithesi/

    Kiev Mutiny: Zaluzny-Moscow Talks on Ukraine’s Surrender Terms – Russia Builds High-Powered Artillery Brigades for Final Assault

    The Ukrainian A/GETHA, Valery Zaluzny, started talks with his Russian counterpart, V. Gerasimov, about the terms of Ukraine’s surrender, US sources say.

    Zaluzny tries to save Ukraine seeing that the country is on the brink of destruction.

    Today, Russian President Vladimir Putin signed a decree raising the ceiling of the Russian armed forces to 2,209,130 ​​people, an increase of 170,000!

    At the same time, the Russian army began the formation of high-powered artillery brigades, the main task of which will be to break through Ukrainian strongholds. The new units will be armed with large caliber artillery.

    These are Units that existed during the USSR and made up a “Shock Fist”.

    The first high-power artillery brigade – 17th brigade – was formed as part of the 3rd Zaporizhzhya Army Corps. Several more similar artillery brigades will be formed in the near future in other army corps and armies in the zone of special operation in Ukraine.

    The brigades are armed with large-caliber artillery – self-propelled 203 mm 2S7 “Pion” and 2S7M “Malka” self-propelled guns, as well as 240 mm 2S4 “Tulip” heavy mortars. In addition, the brigades will include unmanned aircraft units to conduct reconnaissance and fire adjustments.

    Bombshell revelation: Zaluzny began secret talks with Gerasimov

    A shocking revelation comes to give a new dimension to the developments on the Ukrainian front by the Pulitzer Prize-winning, American journalist-researcher Seymour Hersh.

    The veteran American researcher with his article in Substack, entitled “General to General”, (General to General) claims that the Ukrainian commander-in-chief Valery Zaluzny is secretly negotiating with his Russian counterpart Valery Gerasimov, a ceasefire and a possible peace on the terms of Moscow, having sidelined Zelensky.

    According to Hersh, serious peace talks between Russia and Ukraine at the level of military leaders “have gained rapid momentum while developments have overtaken US President Joe Biden’s destructive foreign policy team.”

    Zaluzny pushed Zelensky aside

    “Everybody in Europe is talking about this – the peace talks – an American businessman who spent years dealing with high-level Ukrainian diplomatic and military issues in the government told me earlier this week.

    But there are many questions between a ceasefire and a settlement ,” Hersh notes.

    The American researcher even cites experienced journalist Anatol Liven, who confirms that the situation on the battlefield is dramatic for Kiev , “so negotiations for a peace settlement are becoming more and more necessary for Ukraine.”

    He revealed that it was “extremely difficult” for the Ukrainian government led by V. Zelensky to agree to talks, given its repeated refusal to negotiate with Russian President V. Putin.

    The driving force behind these talks is not Washington or Moscow but the two senior generals leading the military operations, Russia’s Valery Gerasimov and Ukraine’s V. Zaluzny.

    Ukrainian diplomat: Zelensky is useless for the West

    At the same time, Ukrainian former diplomat and whistleblower Andrii Telizhenko tells Sputnik that Zelensky is now useless to the West, although the Ukrainian president refuses to accept it.

    “Today we see that the legitimacy of the president, who had the support of 70% of Ukrainians because they wanted peace, is falling dramatically, even though the propaganda machine is still working,” Andrii Telizhenko said .

    According to the latest polls, the trust of Ukrainians in the person of ZelZelensky ensky has fallen to 32% while Zaluzny gathers 70%.

    In fact, Zelensky is behind in popularity even the head of the Intelligence Service of the Ukrainian army Kyrylo Budanov, who gathers 45%.

    “And it does not proceed to elections. He is a dictator. He placed himself there. He said he would come for one term while heading for a second, even though there is martial law, but no military status or official recognition of war in Ukraine.

    So you can imagine that the law itself is military, but there is no official war recognized by the Ukrainian government or the parliament of Ukraine to stop any elections,” says the Ukrainian diplomat,

    Speaking on the Backstory podcast last month, international affairs and security expert Mark Sleboda called on the West to get rid of Zelensky—with elections seeming the most convenient way to do so given the Ukrainian president’s low popularity.

    But Zelensky remains in a “bubble” of delusion, according to Telizhenko.

    “Zelensky does not believe that Washington will abandon him,” he noted.

    “I think he’s still in the bubble controlled by the regime, by the Chief of Staff of the President of Ukraine Andrii Yermak and other officials who keep him in there and say, ‘Oh, you’re still welcome. We continue to coordinate with Washington,” but I think the West will drop this bomb on Ukraine and destroy Zelensky ,” the Ukrainian diplomat pointed out.

    “A year ago, I was told that talks were taking place in Washington, and everything will be blamed on Zelensky if the war in Ukraine is lost,” Telizhenko added.

    S. Shoigu: “The Russian army is advancing in all directions in Ukraine – Over 125 thousand Ukrainian casualties”

    Russian Defense Minister Sergei Shoigu said today, Friday, December 1, 2023, that the Russian army is advancing in all directions in Ukraine.

    “The overall mobilization in Ukraine, the supply of Western weapons and the use of strategic reserves by the Ukrainian command did not change the situation on the battlefield. Such desperate actions of the enemy result in heavy losses of Ukrainian troops,” Shoigu said at the Defense Ministry meeting.

    Ukraine has lost more than 125,000 soldiers and 16,000 units of various weapons, the Russian Ministry of Defense claimed.

    He also announced that seven modern training fields are being equipped in the zone of “special military operation” (ie in Ukraine), two of which are fully completed.

    S. Shoigu also said that the Russian Army is on “active defense” while increasing its combat power.

    • Zelensky still doesn’t want to concede, but his general V. Zaluzny has begun talk about surrender to the Russians. Strange world!

    • Fast Eddy says:

      hahaha… you believe this???

    • Dennis L. says:

      This tragedy is a failure of leadership. In our world, communication trumps ideas; those in positions of power are given lines and act them, Zelensky was a performer, a comedian, and entertainer. Zelensky had an audience, his handlers, who applauded his lines; Ukraine died as a result. There is a line, “Are you not entertained?”

      Dennis L.

  31. moss says:

    What a difference a long overdue month’s rally in the bondmarket makes
    They’re done, and all the weight of money is on continuing down trend in yields. Never see 5%pa again in our lives.
    What was it Janet Yellen said? Would I say there will never, ever be another financial crisis? … Probably that would be going too far.
    But I do think we’re much safer, and I hope that it will not be in our lifetimes, and I don’t believe it will be.

    27th June 2017

    A month’s rally. Bank share prices delirious. Junk bonds strong (relatively). Risk on and all’s right with the world.
    Stress calibration for me – JPY which has weakened from 100 to 150 to the USD in three years, to major benefit of hedge funders borrowing in JPY. If a severe reversion were to occur, what of the consequent multi-trillion carry trade deleveraging, being unwound or defaulting on Japanese banks

    Is CtrlP buried and the blast from 2020 all the way through the boa constrictor? The Fed continues their monthly QT. So far it’s been “until something cracks” Not much so far other than the gold price

    That chart Unrealized Gains (Losses) on Investment Securities continues to haunt me. I’m trying in my mind to conceive the magnitude of potential bank shortfalls. The information in the chart differentiates between “held to maturity” and “available for sale” securities, but it’s not clear to me where derivatives contracts and other forms of synthetic liabilities would be accounted. Are they regarded as trading stock and therefore not investment securities? Obviously, SPVs would not be included.

    One’s mind spins at the astronomic numbers of the face value of derivatives “out there”, unmeasurable. How precise are their mark to market (unrealized losses) with these contracts. And then we can add in undrawn guarantees.
    That deafening noise you’ll hear will be the Great Suck as all your registered titles and certificates of holdings and deposits all flush irretrievably to the Caymans.

    No One Knows the Future

    • moss says:

      Andy Xie in Shanghai considers we may be currently passing through a significant inflexion point
      This rapid monetary growth lasted so long only because the link between money supply and inflation was cut. This was because China’s labour force entered the global economy by the hundreds of millions and companies shifted their production to China. Whatever money the central banks printed was absorbed by financial speculation. The anomalies in the global financial system over the past three decades can be traced back to that dynamic.

      The US went down the path of borrowing and spending because it could. Former Fed chairman Ben Bernanke’s quantitative easing laid the foundation for this. Since 2007, the US national debt has risen from around US$9 trillion to approach US$33 trillion when its GDP has risen by only half as much.

      Debt has been an easy habit. It hurts no interest group and as long as the market doesn’t rebel, US debt can easily double in 10 years. But in the end, no matter how delightful the journey, be warned: debt will eventually lead an economy to hell.
      scmp.com/comment/opinion/article/3239054/dollar-super-bubble-may-finally-be-popped-israel-gaza-war

      • Doug Casey (the International Man) expects an uptick before a collapse. He writes:

        https://internationalman.com/articles/it-will-happen-suddenly/

        But the bigger surprises have not yet occurred. There will be a certain amount of lead-up, plus a great deal of confusion, but the actual occurrences will be sudden. No one will be able to predict the dates on which they occur, except those very few people who control the triggers to these events.

        Crashes in the Markets

        Major bull markets rarely end with a whimper. They end with a major upside spike. [Emphasis added.] And, unfortunately, brokers and investors alike tend to think that, if the market has been up for the last week, the last month, or the last year, it can be expected to be up again tomorrow. This makes them prime pickings for governments who may choose to falsely inflate a given market, creating an upside spike to encourage investors to toss their last few coins into the pot, just before the bottom drops out.

        In previous eras, it could take time for people to sell, and even in panic times, the bloodletting was not instantaneous. However, with the Internet, all that is necessary is a major sell-off by one entity—one that goes through the stops of a large number of investors, and in a flash, the market goes though the floor.

        Perhaps we are going through the upside tick before a major step down.

        • moss says:

          all that we know is that nothing can be known
          the Socratic Paradox

          • Peaker says:

            Known Unknown….. :}

            • MikeJones says:

              The title of the movie, The Unknown Known, comes from Rumsfeld’s most famous statement while serving as George W. Bush’s secretary of defense: As we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know.
              But his interviews with reporters who were present at the start got me thinking about that quote, which has become so associated with Rumsfeld that he also borrowed from it for the title of his memoir, Knowns and Unknowns. It’s a truism that we live in an age of soundbites, where quick quips—or even better, anything that fits in 140 characters—are the rhetorical weapons of choice. (Rumsfeld’s remark, from those innocent pre-Twitter days, clocks in at a behemoth 244 characters.) The truism is likely reductive, but also seductive, in part because anyone can use it to advance their view of contemporary society. For Cassandras, it’s a sign of how the culture has degraded into bluntness and black and white, throwing aside nuance. For Pollyannas, it makes communication easier than ever, flattening the playing field and removing obstructions. For most people, it’s the simply the way we live now, decontextualized and fragmented. No matter where you fall, it’s certainly new and different, disjointed from historical experience.
              https://www.theatlantic.com/politics/archive/2014/03/rumsfelds-knowns-and-unknowns-the-intellectual-history-of-a-quip/359719/

        • drb753 says:

          Presumably the uptick will be in the stock market, not bonds. Better track Dow or SP500?

  32. The movie Henry Sugar shows the end result of all these British Fanaticism, Patriotism, etc which has probably ended any chance of reaching Type I Civilization.

    Tl,dr, Henry Sugar, from a prominent family, gets influenced by some magician from India, learns how to see what is on the cards by looking at the back of it, and becomes very wealthy gambling.

    However, Sugar does not reproduce, and after his death his entire fortune is put under the control of a doctor he trusts.

    The magician – Ben Kingsley (real name Krishna Pandit Bhanji)
    The doctor who gets to administer Sugar’s fortune – Dev Patel
    The Grand yogi who taught the magician — Richard Ayoade, who calls himself a British actor, conveniently forgetting the small fact that his father hailed from Nigeria.

    Nothing shows the end result of centuries of British policy like that.

    Roald Dahl was named after Roald Amundsen, one of the few people who got to show a middle finger to the British Empire. Amundsen would later kill himself in a futile attempt to find a downed Italian pilot, who actually returned alive, knowing he would not meet a peaceful end but the very fact that he was able to choose his own death showed the decline of the British Empire. It is said after Amundsen’s disappearance the Brits celebrated, but it is a futile thing since they could not end him in their accord.

    Anyways, such behavior by Dahl’s parents would not have been tolerated before the Great War. It is like naming your child Adolph or Osama.

    Despite of his seditious name, he was allowed to hang around Ian Fleming, who was indeed from intelligence. Dahl even wrote the scenario for one of the James Bond movies, “You only live twice”.

    The very fact that someone like Dahl would come close to the heart of the matter shows how depleted the British stock was the time he became active, but the adaptation shows everything the British Establishment has built passes into the hands of Hindus and Africans.

    In a sense the Hordes are already here.

    • Zemi says:

      So “the Hordes” are Hindus and Africans. I wonder why you say that.

      Are you a mushlimb, kulm?

      • The Hindus and Africans do have disproportionately high birth rates.

        Adding sanitation and at least a little medical treatment (antibiotics, in particular) has allow people to live longer at the same time.

  33. During Victorian times, people were punished for being poor.

    https://youtu.be/FtIEV5cd9zU?si=0u2GcJ6y7PBQchQB

    That was when civilization advanced.

    With lower resources there were no room to pander to the lowest rungs of society.

    The British lower class who defend Arthur Harris’ behavior and are unrepentant for the incalculable and irreversible damage it caused to Western Civilization and enabled people like Rishi Sunak and Sadiq Khan and the total incompetents in Liz Truss’ cabinet to run around, might feel proud about what their fathers and grandfathers did, but they contributed to the fall of Western Civilization and caused a great deal of harm.

    I do not cry for the population replacement in United Kingdom, at least. At least , the new arrivals, not from Western Civilization, will have no incentive to cause endless wars against various continental power.

  34. If you know a way to avoid a totalitarian, winner take all, leaving nothing whatsoever for people not in the top society is avoidable after Type I civ is achieved, tell me.

    https://greyenlightenment.com/2015/01/06/autopilot-nation/
    (The author of that blog still believes in American supremacy and simply ignores the Hordes, but that is another story.)

    If the Hordes do not win, the inexorable advancement of civilization will probably put most people into irrelevancy, leaving nothing for them.

    Peak Oil is trivial since there would be few winners and the remaining amount of oil will be enough for them to advance to much higher state of existence.

  35. ivanislav says:

    Gold new all time high today.

    • MikeJones says:

      Yeah and look at Platinum around $950.
      Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production. Since 2014, platinum prices have fallen lower than gold. Approximately 75% of global platinum is mined in South Africa.

      Palladium Price per Ounce $1,040
      Palladium is an extremely rare, silver-white precious metal. It is 30 times more scarce than gold, and it is 15 times more rare than platinum.

      Gold today around $2080…real money honey for the reset

      • Do we ever use Platinum or Palladium for anything?

        • hkeithhenson says:

          “Do we ever use Platinum or Palladium for anything?”

          Platinum is the only metal known to work in hydrogen electrolysis cells. There are a bunch of other uses.

          Palladium is used in catalytic converters to hold down the smog from unburned gasoline. The value is why all the thefts of converters.

      • Dennis L. says:

        Starship, no pollution from mining, find an asteroid of platinum and at the same short the hell out of it on domestic markets. Let’s say platinum will literally drop. Gold is so yesterday.

        Dennis L.

        • hkeithhenson says:

          “find an asteroid of platinum”

          Not going to happen. Metal asteroids have platinum (and gold) but it is in the PPM range. Getting it out is a huge industrial project. About ten years ago I looked at what it would take.

          https://htyp.org/Mining_Asteroids

          • drb753 says:

            correct. they come in two types: silicates and iron. Iron will generally have significant quantities of nickel and cobalt, and other elements near iron like manganese. I think Santa can provide copper, gold and platinum asteroids, if you have been good.

        • nikoB says:

          Walking to work is a bit ch too!

          • MikeJones says:

            Only in recent biological time people became coach potatoes 🍠….people are designed to walk…never too much of it….best for your well being…one positive when BAU ends

    • Hubbs says:

      And stawks and bond markets starting to heat up. Wouldn’t it be a turd dropped in everyone’s lap if Powell and the FED suddenly had to tighten some more? The FED may be better able to raise now rather than later when they will have to roll over around 7 trillion government debt at higher interest rates in the next year or two. In the meantime, they can fudge the CPI, GDP and all those statistics to claim the economy is doing great- all to protect the US dollar. Bidenomics: the BS just keeps on coming.

  36. Fast Eddy says:

    Rinse repeat.. https://boriquagato.substack.com/p/here-comes-the-next-round-of-pandemic

    Might they be prepping the MOREONS for the Final Act?

    • Agamemnon says:

      Gail, (we already know FEs answer)
      Is there a prerequisite among scientists/researchers to be less cognitively resonant (immune to too much cognitive dissonance)?

      I met an aggrieved guy who was sick for 2 yrs after the jab spurred on by his wife scientist (mRNA scientist!
      I noticed alot of wives were influencial.

      He said I don’t care what she says anymore. My kids aren’t getting it.

      I told him it didn’t make sense to induce your own cells to mimic Covid .
      Like how do you terminate it?

      The big question I have why did the pharmas even admit it wasn’t a vaccine?

  37. Fast Eddy says:

    Prepping the mob for The Real Deal https://en.ssi.dk/news/news/2023/a-new-bacterial-species

    • Student says:

      In my view, as long as the wars in Ukraine and Gaza go on, there is little possibility that this new attempt of virus-scaring-people will take place, at least in Europe.
      It is already full of dead people in tv every evening in the news, that there is no room for other dead bodies…

      Maybe there is at the moment a war between standard weapon manufacturers and big pharma:
      ‘ehy, come on!
      You are taking all the stage,
      leave some place!
      I need to sell some jabs..’

      • Jan says:

        This is a good point! Also most people believe the jabs were a mistake. Currently vaxx rate at about 4%.

        • David says:

          In the UK it appears that about half of over-65s are still taking boosters. The NHS, created by a Labour government in 1948, has been weaponised by more recent governments to induce people to queue up for poisonous injections and various pills.

          I doubt Americans would ever worship the (private) healthcare system. They recognise that hospitals and doctors are in it for the money. It’s similar I expect in other countries where the healthcare system is entirely private, such as Switzerland … although I think their govt intervenes to ensure that poor people can get medical treatment.

  38. In USA, there was no systemic culling of the class which was bred to rule, but the old elites began to lose power around 1950s. It is significant that Harry S Truman, the last US president with no college degree, was the guy who refused to nuke China, greatly assisting to what we have now.

    In 1956, C. Wright Mills, born in Texas to an insurance broker (i.e. not from the Elite class) and a grad of Univ of Texas at Austin, wrote “Power Elite”. He described that the ruling class of USA back then were

    The Metropolitan 400, the remnants of the prominent families of USA
    The Celebrities, the Hollywood types, talk show hosts (there were radio celebrities back then), that kind of people
    The Chief Executives, the CEOs, etc
    The Corporate Rich, including the landowners and those who own a lot of capital
    The Warlords, important military figures (and military contractors)
    The Political Directorate, the Washington types , also called Beltway.

    Back then no blacks or other races were near such groups, but among the above, only the 400 and some of the landowners and investors had some stake in Civilization.

    The Celebrities, Chief Executives, Warlords and Political Directorate were not hereditary and many of them came from classes which had NO stake on Civilization.

    They knew their rule was temporary. The best they could do was put their progeny near those who had stake in civilization . And they did not always succeed. I believe Dwight Eisenhower married one of his grandsons to a daughter of Richard Nixon. That is like marrying your grandson to your butler’s daughter.

    USA got to be ruled by those who had no stake on civilization and we now know what that has wrought.

    Peoples who had no stake on civilization were given too much leeway and wealth and the result has been tragic. Today’s winners are trying to reverse it but that is hard.

  39. MikeJones says:

    MININGThe Critical Minerals to China, EU, and U.S. National Security
    https://www.visualcapitalist.com/the-critical-minerals-to-china-eu-and-u-s-national-security/#google_vignette
    …Despite having most of the same materials found in the U.S. or China’s list, the European list is the only one to include phosphate rock. The region has limited phosphate resources (only produced in Finland) and largely depends on imports of the material essential for manufacturing fertilizers.

    Coking coal is also only on the EU list. The material is used in the manufacture of pig iron and steel. Production is currently dominated by China (58%), followed by Australia (17%), Russia (7%), and the U.S. (7%).

    The U.S. has also sought to reduce its reliance on imports. Today, the country is 100% import-dependent on manganese and graphite and 76% on cobalt.

    After decades of sourcing materials from other countries, the U.S. local production of raw materials has become extremely limited. For instance, there is only one operating nickel mine (primary) in the country, the Eagle Mine in Michigan. Likewise, the country only hosts one lithium source in Nevada, the Silver Peak Mine.
    ….China produces 60% of all rare earth elements used as components in high-technology devices, including smartphones and computers. The country also has a 13% share of the lithium production market. In addition, it refines around 35% of the world’s nickel, 58% of lithium, and 70% of cobalt.

    Among some of the unique materials on China’s list is gold. Although gold is used on a smaller scale in technology, China has sought gold for economic and geopolitical factors, mainly to diversify its foreign exchange reserves, which rely heavily on the U.S. dollar.

    Analysts estimate China has bought a record 400 tonnes gold in recent years

    Hmmm…my bet is on the Dragon ..so I’m all in with Chop Suey..
    I remember a former coworker of mine from China, Chen, very nice guy and grew up during the Cultural Revolution pogrom of Chairman Moaron …reflected on how brainwashed the people were in their thinking….Yes, I responded saying .. We’ll teach you the Right way to do things here….He gave me a puzzled taken back look of disgust….I gave him a smirk and he laughed…you make joke ..I get it now ..very funny

  40. MikeJones says:

    Every year, device makers like Apple or Samsung debut their latest phones, promising longer battery life, thinner bodies, larger screens, and more processing power—and then come back the next year somehow promising even more. Critics allege that smartphone makers are the latest to follow the trend of planned obsolescence, or the claim that manufacturers deliberately design their products with a short shelf life to encourage consumers to buy the latest model.
    Out-of-date software, not broken screens or battery life, is what’s driving people to constantly replace their devices, says a leading smartphone analyst
    “We’re now seeing a new generation of people replacing their phones because the security patches stop,” says Ben Wood of CCS Insight.
    BY LIONEL LIM Fortune
    That presents a huge problem: the waste from all the phones that get replaced. An estimated 5.3 billion phones dropped out of use in 2022. The valuable materials in those devices are either “lost” as they get stashed away in cupboards or drawers, or spur damaging environmental consequences as low-paid laborers in the developing world try to recycle them.

    For myself I need to replace my tablet every two or three years because of lack of security updates by Lenovo…just got an Apple iPad and should be good for a decade

  41. Jeffrey R Snyder says:

    “Withnail says:
    December 1, 2023 at 10:46 am
    “Real progress has been at a standstill for decades.”

    What do you class as real progress”

    The car.
    The jet airliner.
    The washing machine.
    Antibiotics.
    The telephone.
    Television.
    Home computers.”

    The equivocal nature of so-called “progress” should be noted; the term is used far too glibly. The items listed above are often accepted at face value as improvements to our living standard, but this ignores the longer-term consequences. Antibiotics, e.g., mean longer life spans, so contribute to population overshoot. The car and all it entails, including massive use of fossil fuels for the “happy motoring” society (James Howard Kunstler), where driving becomes a necessity from the bedroom suburbs to the centers of commerce and to the office centers and replaces walkable communities – is that really “progress”?

    How do you know what progress is unless you know what the goal is and can evaluate “improvements” by degree of approach to that goal?

    It seems implicitly that what we think progress means is that we’ve been able to reproduce our species to the extent of billions covering virtually the entire planet (much as bacteria make “progress” in a petri dish) and 10% – 20% of us live lives of pretty good comfort, at least compared to the ROW and historically.

    And how is that “good” if it all ends spectacularly badly, with spectacular pain and suffering? How is it “good” if it ends up confirming the Olduvai theory? From one perspective, I suppose it’s “good” if we succeed in restoring our place in the planet to the state we originally fit with no further ability to disrupt the rest of the planet because there’s little left for us to burn.

    • davidinamonthorayearoradecade says:

      it’s been good for me to live in The Core from the 1950s until now, definitely the best era and the best place to ever be alive.

      not that I had any choice, I was thrown into this world.

      speaking of no choice, inevitable human extinction will end all human pain and suffering.

      sounds “good” to me.

      meanwhile, very good bAU today in The Core, baby.

      • MikeJones says:

        takeaway with life expectancy is that it increases as one gets older. This is easily seen in the table below, which lists the remaining years left to live at a given age for an American male and the projected life expectancy.

        Search:
        Age Years Remaining (Men) Life Expectancy (Men)
        0 74.12 74.12
        1 73.55 74.55
        2 72.58 74.58
        3 71.60 74.60
        4 70.62 74.62
        5 69.63 74.63
        6 68.64 74.64
        7 67.65 74.65
        8 66.65 74.65
        9 65.66 74.66
        10 64.67 74.67

        Hey Dave, we’re in the same class….looks as if based on the table above BAU needs to kick the can for about a decade…
        Well, do you feel lucky?…Well, do you…Pu#k?
        Yes, very lucky to have lived through those magical decades..
        Wish I knew back then what I know now…no I don’t…I would be already pushing up daisies

        • Dennis L. says:

          I am off the bottom of the table, is that good?

          Dennis L.

          • MikeJones says:

            Depends on how you look at it good or bad…as long as we got BAU Tonight baby…it’s all 👍 good…PS I did a hockey today…so I’m doing extra good😜🙊🪨

    • https://youtu.be/Ab5aEc867ik?si=T85j-uSZHt9YcVB9

      I have been to the USS Iowa.

      Franklin D. Roosevelt took this ship for a summit in Morocco, in 1943 I think.

      It had what was the state of art stuff back then.

      Basically, everything we have, other than the digital stuff, was invented by then. So there are no fundamental difference from how people in USA lived in 1938 and now, other than the digital stuff.

      • my point exactly—

        unless we come up with a radically new form of energy, there can be no progress or new development–

        there isn’t one

        • hkeithhenson says:

          “there isn’t one”

          Nuclear and solar have both come along since 1943.

          • sorry keith

            nuclear and solar deliver only electricity

            as you will no doubt know, usable electricity goes back to Faraday, so nothing new there.

            I’m surprised at you, of all people, putting forward solar/nuclear electricity as a new form of energy.

    • Zemi says:

      Withnail = With-nail-in-head. He thinks satellites can’t make videos.

  42. Rodster says:

    Gail asked if the Texas lawsuit against Pfizer will gain any traction? I said it won’t, because this pretty much sums up today’s global sh*tshow. As JHK points out in his Friday blog, there’s a civil war going on between truth vs untruth.

    https://kunstler.com/clusterfuck-nation/the-magic-moment/

    • Kunstler is writing about the analysis done by Steve Kirsch, and the very convincing indications it gives about the adverse impact on mortality, especially of those over age 65.

      This is a link to the talk on Rumble. The talk by Steve Kirsch doesn’t start until about minute 23, and Kirsch doesn’t start showing slides until minute 25. I listened until about 1:07. The talk goes on quite a while longer (well over 2 hours), but my impression was that the part I listed to gave the most important points.

      https://rumble.com/v3yovx4-vsrf-live-104-exclusive-mit-speech-by-steve-kirsch.html

      It is pretty clear that covid vaccines kill people, especially elderly people. (The data Kirsch looked at was Medicare data, so this was data for the elderly that he was looking at.)

      He finds that, in general, vaccines are dangerous. They often kill a lot of people initially.

      He talks about those involved with Moderna (and Pfizer) not wanting to see the data. They could be criminally liable for not stopping the sale of the vaccines.

      • Cromagnon says:

        But we all know that truth/facts/evidence don’t really factor in decisions these days right?

      • hkeithhenson says:

        “He finds that, in general, vaccines are dangerous. They often kill a lot of people initially. ”

        This is not news. Vaccines have always killed people. The question is net benefit. If the vaccine reduces the chances of dying from the disease more than the numbers of those who die from the vaccine, then you give the vaccine. It’s a numbers game.

  43. I AM THE MOB says:

    Mysterious White Lung Syndrome Spreads Globally, Cases Reported Worldwide

    https://www.ndtv.com/world-news/mysterious-white-lung-syndrome-spreads-globally-cases-reported-worldwide-4624209

    ON ALERT US, Sweden and Switzerland now hit by surge of pneumonia cases as ‘white lung syndrome’ plagues China

    https://www.the-sun.com/health/9752061/pneumonia-china-europe-denmark-us/?utm_medium=Social&utm_campaign=sunustwitter&utm_source=Twitter

    I bet the WHO orders a global lockdown this time.

    Big things are comin..

    • ivanislav says:

      Vote by mail, here we come. 2024!

      • I AM THE MOB says:

        Stare like a junkie into the TV
        Stare like a zombie while the mother holds her child
        Watches him die
        Hands to the sky crying, “Why, oh why?”

        ‘Cause I need to watch things die
        From a “safe” distance
        Vicariously, I live while the whole world dies
        You all need it too, don’t lie

    • Student says:

      In the meantime, flat calm in Switzerland..
      https://www.rsi.ch/
      Maybe they have not been informed yet by outside that actually they do find themselves in emergency..

    • Lockdowns save energy. They also reduce commodity prices. Poor people in poor countries are hit worse.

  44. Rodster says:

    Gee, I wonder why? Let me guess? 🧐

    “Auto Dealers Oppose Switch to EVs”

    https://www.armstrongeconomics.com/world-news/climate/auto-dealers-oppose-switch-to-ev/

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