Today’s economy is like that of the late 1920s

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Where could the economy be headed now?

Today, there is great wage and wealth disparity, just as there was in the late 1920s. Recent energy consumption growth has been low, just as it was in the 1920s. A significant difference today is that the debt level of the US government is already at an extraordinarily high level. Adding more debt now is fraught with peril.

Figure 1. US Gross Federal Debt as a percentage of GDP, based on data of the Federal Reserve of St. Louis. Unsafe level above 90% of GDP is based on an analysis by Reinhart and Rogoff.

Where could the economy go from here? In this post, I look at some historical relationships to understand better where the economy has been and where it could be headed. While debt levels and interest rates are important to the economy, a growing supply of suitable inexpensive energy products is just as important.

At the end, I speculate a little regarding where the US, Canada, and Europe could be headed. Division of current economies into parts could be ahead. While the problems of the late 1920s eventually led to World War II, it may be possible for the parts that are better supplied with energy resources to avoid getting into another major war, at least for a while.

[1] Government regulators have been using interest rates and debt availability for a very long time to try to regulate how the economy operates.

I have chosen to analyze US data because the US is the world’s largest economy. The US is also the holder of the world’s “reserve currency,” allowing demand for the US dollar (really US debt) to stay high because of its demand for use in international trade.

Figure 2. Secondary market interest rates on 3-month US Treasury Bills and 10-year US Treasury Securities, based on data accessed through the Federal Reserve of St. Louis. Amounts for 1940 through 2023 are annual averages. Amount for 2024 YTD is average of January to July 2024 amounts.

Comparing Figure 1 and Figure 2, it is clear that there is a close relationship between the charts. In particular, the highest interest rate in 1981 on Figure 2 corresponds to the lowest ratio of US government debt to GDP on Figure 1.

Up until 1981, the changes in interest rates were either imposed by market forces (“You can’t borrow that much without paying a higher rate”) or else as part of an attempt by the US Federal Reserve to slow an economy that was growing too fast for the available labor supply. After 1981, the same market dynamics no doubt took place, but the overall attempt at intervention by the US Federal Reserve seems to have been in the direction of speeding up an economy that wasn’t growing as fast as desired.

In Figure 2, the 3-month interest rates correspond fairly closely to government target interest rates. The 10-year interest rates tend to move on their own, perhaps somewhat influenced by Quantitative Easing (QE), in which the US government buys back some of its own debt to try to hold down longer-term interest rates. These longer-term interest rates influence US long-term mortgage interest rates.

Recent monthly data show that 10-year interest rates started rising very quickly after reaching a minimum following the Covid response in early 2020. The lowest 10-year average rates took place in July 2020, and rates started moving up in August 2020.

Figure 3. Monthly average secondary market interest rates on 3-month US Treasury Bills and 10-year US Treasury Securities, based on data accessed through the Federal Reserve of St. Louis.

This suggests to me that market forces play a significant role in 10-year interest rates. As soon as people started borrowing money to remodel or to move to a new suburban location, 10-year interest rates, and likely the related mortgage rates, started to drift upward again. If this observation is correct, the Federal Reserve has some control over interest rates, but it cannot adjust the 10-year interest rates underlying mortgages and other long-term debt by as much as it might like.

The apparent inability of the Federal Reserve to adjust longer-term interest rates to as low a level as it would like is concerning because the US government debt level is very high now (Figure 1). Being forced to pay 4% (or more) on long-term debt that rolls over could create a huge cash flow issue for the US government. More debt could be required simply to pay interest on existing debt!

[2] An analysis of actual growth in US GDP over time shows how successful the changing strategies in Figures 1 and 2 have been.

Figure 4. Three-year average US inflation-adjusted GDP growth rates based on data of the US Bureau of Economic Analysis.

In the 1930s, the US and much of the rest of the world were in the Great Depression. Interest rates were close to 0% (not shown on Figure 2, but available from the same data). Various versions of the New Deal under President Roosevelt were started in 1933 to 1945. Social Security was added in 1935. Figure 4 shows that these programs temporarily increased GDP, but they did not entirely solve the problem that had been caused by defaulting debt and failing banks.

Entering World War II was a huge success for increasing US GDP (Figure 4). Many more women were added to the workforce, making munitions and taking over jobs that men had held before they were drafted into the army.

After the war was over, the total number of jobs available dropped greatly. Somehow, private sector growth needed to be ramped, using debt of some kind, to provide jobs for the returning soldiers and others left without work. An abundant supply of fossil fuels was available, if debt-based demand could be put into place to pull the economy along. Programs were put into place to get factories running again making goods for the civilian economy. Additional jobs and energy demand were created by upgrading the electrical grid, increasing pipeline infrastructure, and (in 1956) starting work on an interstate highway system.

During the period between 1950 to 2023, the average growth rate of the US economy gradually stepped downward, despite all of the debt-based stimulus that was being added after 1981, as shown in Figure 5.

Figure 5. Average annual US GDP growth rates based on data of the US Bureau of Economic Activity.

[3] While growing debt is important for pulling an economy forward, a growing supply of energy is essential to actually produce physical goods and services.

Economic growth involves producing physical goods and services. The laws of physics tell us that energy supplies of the right types, in the right quantities, are necessary to make the goods and services that the physical economy depends upon.

The rate of growth of world energy supply has been stepping down over the years, as the easiest (and cheapest) to extract fossil fuels tend to get extracted first. The average rate of increase of all energy supply (not just fossil fuels) is shown in Figure 6:

Figure 6. Annual rate of increase in energy consumption growth for the earliest grouping is based on data provided by Vaclav Smil in the Appendix to Energy Transitions. Average rates of increase for later periods are calculated from data of the 2024 Statistical Review of World Energy, by the Energy Institute.

Comparing Figures 5 and 6, we can see that average annual US GDP growth approximately matched growth in world energy supplies in the first two periods: 1950-1970 and 1971-1980.

In the period 1981-2007, average US GDP growth (of 3.2%) soared above world energy consumption growth (of 2.1%). I would attribute this primarily to outsourcing a significant share of the US’s industrial production as the economy shifted to becoming more of a service economy. There were multiple advantages to moving to a service economy. US oil supply had become restricted, and a service economy would use less oil. Also, the costs of imported goods would be much lower than those made in the US for several reasons, including more efficient newly built factories, lower-wage workers, and the use of inexpensive coal as a fuel instead of oil.

The encouragement of increased use of “leverage” under Ronald Reagan in the US and Margaret Thatcher in the UK no doubt added to the effect of using more debt shown in Figure 1. The US government started borrowing more money, rather than increasing taxes. Businesses became larger and more complex. International trade started playing a larger role.

Recent low growth in energy supplies has created an economic problem that added debt has only partially been able to hide. (In the latest period (2008-2023), both US average GDP growth (at 1.8%) and world energy consumption growth (at 1.5%) were very low.) Figure 1 shows that the US added huge amounts of debt, both after the 2008 financial crisis, and at the time of the Covid response in 2020. If it weren’t for these huge debt infusions, US GDP growth would no doubt have been much lower. GDP counts the quantity of goods and services produced, not whether added debt has been used to manufacture these goods, or whether customers have used debt to purchase these goods.

[4] In some ways, the world economy today is like the economy of the 1920s.

The 1920s were characterized by both the rising use of debt (especially consumer credit), and wide wage and wealth disparities. This was a time of innovation. Some farmers had modern new equipment that greatly enhanced efficiency, while most farmers could not afford this equipment.

Figure 7 shows a pattern of wage disparity that operates in precisely the opposite direction from the interest rate pattern shown in Figure 2. The lower the interest rates, the more the concentration of wealth among a very small portion of the population. The higher the interest rates, the more evenly wage and wealth is divided.

Figure 7. U. S. Income Shares of Top 1% and Top 0.1%, Wikipedia exhibit by Piketty and Saez.

A comparison of Figure 7 with Figure 6 and Figure 5 shows that (at least for the years since 1950), faster energy consumption growth seems to lead to faster economic growth. With faster economic growth, the economy can support higher interest rates and higher wages for lower-paid workers. There is less push for “complexity” to try to replace workers with machines.

When energy consumption growth is low, the economy tends to grow more slowly. The interest rates that corporations and individuals can afford to pay are relatively low. With low interest rates, asset prices of all kinds soar because monthly payments to buy these assets fall. The prices of stocks, bonds, homes, and farms tend to soar. The already rich become richer and richer, as the poor are increasingly squeezed out of the economy.

Physicist Francois Roddier has said that physics dictates the outcome of widely diverging incomes when energy supply is low. It takes much less energy to supply an economy of a few rich people and many poor people than it takes to support an economy with relatively equal incomes. The vast majority of the supposed wealth of the rich exists as promises that can only be fulfilled in the future if there is enough energy of the right kinds to fulfill these promises. Their promised future wealth does not affect today’s energy use. While the energy use of rich people is somewhat higher than that of poor people, much of the difference disappears when a person considers the fact that much of their wealth is essentially “paper wealth” that may or may not actually be present as the future actually unfolds.

Both the 1920s and the latest period (2008-2023) are very low energy-growth periods. The fact that (2008-2023) is a low energy growth period (at 1.5% per year) can be seen on Figure 6. Energy supply was growing even slightly more slowly in the 1920s (based on data from Vaclav Smil’s Energy Transitions). Population was growing by 1.1% per year in both the 1920s and in the latest period (2008-2023.) Net energy consumption per capita growth was slightly negative (-0.1%) in the 1920s and only a very small positive percentage (0.4%) in the 2008-2023 period. Per capita consumption had been growing much more quickly between 1950 and 1980.

[5] The economy becomes very fragile when the growth of energy supply is low, compared to the growth of the world’s population.

Hidden beneath the surface is the problem that there is not enough energy to go around. This problem doesn’t manifest itself in high prices; it manifests itself in unusually large wage disparities. Very rich individuals (such as Bill Gates and Elon Musk) gain excessive influence. Special interests and their drive for profits also become important. At times, this drive for profits can come ahead of the well-being of citizens.

Citizens become more quarrelsome. Differences between and within political parties become greater. Political candidates no longer treat other candidates with the respect we would have expected in the past. The problem is, in some sense, the problem of a game of musical chairs.

Figure 8. Chairs arranged for Musical Chairs Source: Fund Raising Auctioneer

Initially, the game has as many players as chairs. The players walk around the outside of the group of chairs as the music plays. In each round, one chair is removed and the players must scramble for the remaining chairs. The person who does not get a chair is eliminated from the game.

[6] It seems to me that major parts of the world economy are transitioning from a growth mode to a mode of shrinkage.

Figure 9 gives a representation of how the world’s growing economy can be visualized, and how it may change in the future.

Figure 9. Representation of an economy that is growing up until not long after 2020, and shrinking thereafter, by Gail Tverberg.

The fact that growth in the consumption of fossil fuel energy supplies has been retreating to lower levels should be of concern (Figure 6). At some point, the world economy will be in a situation in which the amount of fossil fuels we can extract is falling. While we have some add-ons to the fossil fuel system (including hydroelectric, nuclear, wind, and solar), they are all manufactured using the fossil fuel system and repaired using the fossil fuel system. These add-ons would stop producing not long after the fossil fuel system stops producing. They need fossil fuels to make replacement parts, among other problems.

The amount of growth in energy supply determines the growth in physical goods and services that can be produced. In periods of rapid growth, borrowing from the future, even at a high interest rate, makes sense. In periods of low growth, only loans with a very low interest rate are feasible. When the economy is shrinking, very few investments can repay loans requiring interest.

Needless to say, repaying debt with interest becomes much more difficult in a shrinking economy. In the US, our underlying problem is that since 1981, the US’s financial policy has been “throw every tool in the tool box” at stimulating the economy. We are now running out of tools to stimulate the economy to grow faster. Adding more debt isn’t likely to work very well, or for very long.

At this point, the many government-funded investments aimed at providing green energy and offering transportation by electricity are not paying back well. Citizens are repeatedly being told that there is a need to move away from fossil fuels to prevent climate change. But world CO2 emissions continue to rise. They simply moved to a different part of the world.

Figure 10. Carbon dioxide emissions for Advanced Economies (members of the Organization for Economic Co-Operation and Development) versus all others, based on data of the 2024 Statistical Review of World Energy published by the Energy Institute.

[7] What does history since 1920 say may be ahead?

It is hard to see that things will turn out well, but we do know that historical civilizations have collapsed over a period of many years. We can hope that if we are facing the collapse of at least part of the world’s economy, this collapse will also be slow. Some intermediate steps along the line likely include the following:

(a) Stock market collapses. After excessive speculation in the stock market in the late 1920s, the stock market collapsed on October 29, 1929, starting the Great Depression. Another major crash occurred in 2008, during the Great Recession. Both of these speculative bubbles seem to have been fueled by low short-term interest rates.

(b) Drops in the prices of homes, farms, and other assets. The Great Depression is noted for major drops in the prices of farms. The Great Recession is known for major drops in the prices of homes. We are now facing a situation with far too much Commercial Real Estate. Its price logically should fall. Farmers are also having difficulty because wholesale food prices are too low relative to the various costs involved, including interest payments relating to equipment purchases and mortgages. The problem is especially acute if farm property has been purchased at currently inflated prices. The prices of farms logically should fall, also.

(c) Debt defaults, related to asset price drops. Banks, insurance companies, pension plans and many individuals owning bonds will be badly affected if defaults on loans or bonds start increasing. (In fact, even if the market interest rates simply rise, the carrying value on financial statements is likely to fall.) If commercial real estate or a farm is sold and the sales price is less than the outstanding debt, the bank issuing the loan will be left with a loss. This debt is often resold, with credit rating agencies falling short in indicating how risky the debt really is.

(d) Failing banks, failing insurance companies, and failing pension plans. Even bankrupt governments defaulting on their loans.

With failing banks, there is less money in circulation. The tendency is for commodity prices to fall very low, putting farmers in worse financial shape than before. They cut back on production. Food production and transport use considerable amounts of oil. Reduced food production leads to less need for oil consumption and thus, falling oil prices. With low oil prices, production tends to fall.

(e) If a government survives, it may try to issue much more debt-based money to try to raise prices. This might work if the country is able to produce all goods locally. But the huge amount of new money (and debt) will not be honored by other countries. The result is likely to be hyperinflation, and still no goods to buy.

(f) Persecution of the wealthier people blamed for society’s problems. If people are poor, and there aren’t enough goods to go around, there is a tendency to find someone to blame for the problem. In Europe, prior to World War II, the Nazis persecuted the Jews. The Jews were often rich and worked in finance or the jewelry business.

(g) War. War gives the possibility of obtaining resources elsewhere. Figure 4 shows that going to war can greatly ramp up GDP. It is a way of putting laid-off workers back to work. It is an age-old solution to not-enough-resources-to-go-around.

[8] Can any political approach put off the bad impacts suggested in Section [7] above?

A country that can provide complete supply chains based on its own resources, completely within its own borders can be somewhat insulated from these problems, as long as its resources are adequate for its population. I don’t think that any of the Advanced Countries (members of the OECD, which is similar to the US and its allies) can do that today. The US is closer to this ideal than Europe, but it is still a long way away. The central and southern part of the US, which is where Donald Trump’s support is strong, is closer to this ideal than elsewhere.

Trump is advocating adding tariffs on imported goods. Such tariffs would work in the direction of independence from China, India, and other industrialized nations. Trump also seems to advocate staying out of wars, wherever possible. If an area is doing well in terms of energy supply (including food supply), this would be a good strategy.

Kamala Harris is advocating capping today’s food prices. This would please city-dwellers, but it would encourage farmers to quit farming. Capping today’s food prices would also discourage the importation of food from elsewhere, leaving many empty shelves in grocery stores. Indirectly, it would also have an adverse impact on the world’s oil production and the quantity of food grown elsewhere.

Giving more money to poor people would almost certainly lead to more government debt. If countries in Europe were to do this, it would almost certainly devalue their currencies. They would find it harder to import goods from anywhere else in the world.

In fact, the US would likely also encounter difficulty in importing as many goods from elsewhere, if it chooses to give more money to poor people (and fund this generosity through more debt). China and Russia would have even more motivation to abandon the US dollar for trading purposes than they do today. The US, Europe, and other Advanced Economies would increasingly find imported goods unavailable.

Wind, solar, and electric vehicles are not fixing the economy now. Adding more debt to subsidize these efforts would likely have the same bad effects as adding more debt to subsidize poor people.

[9] A guess as to what could be ahead for the US, Canada, and Europe.

Donald Trump is suggesting tariffs and other policies that might be helpful for the parts of the US, Canada, and Mexico that think they might have enough resources to more or less get along on their own in the near future. This includes much of the central and southern part of the US. Central Canada would fit into this pattern, as well. Mexico is connected by pipeline to this area, too. At least in the US, Trump is favored in these areas.

In the highly populated areas along both US coasts, the debt-based policies of Kamala Harris will seem more reasonable because these sections have limited resources to rely on, but lots of population. The only solution they can imagine is more debt. I expect that Europe and the coasts of Canada will follow Kamala Harris’s strategies, but with their own leaders.

I can imagine a scenario in which after the US election, the US will break apart into two sections: a Trump section in the center of the US, and a Harris portion consisting mostly of the two coasts, and perhaps a few northern states. The Trump section will band together with Central Canada and Mexico and try to keep operating for some years longer. The Harris portion will join together with the coasts of Canada and most of Europe to get into war with Russia and China. The Harris portion will issue lots more debt. The Harris group will forget that their areas cannot really make many armaments without a huge amount of international trade. As a result, the Harris group will have great difficulty in being successful at war.

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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1,968 Responses to Today’s economy is like that of the late 1920s

  1. davidinamonthorayearoradecade says:

    wow tomorrow is 101 contradictory theorries day!

    or is it much higher than 101?

    hahahahahahahahahahhaahhahahahahahhahahaha

    hahahahahahhahahahahahahahhahaha

    hahahahahahaha

  2. Tim Groves says:

    On the eve of the 23rd anniversary of 9/11, Petra Liverani shows us how we can tell the real events from the fakes.

    https://petraliverani.substack.com/p/the-first-thing-id-have-looked-at

  3. Mike Jones says:

    Back in 1971, as a kid with my whole life ahead, didn’t have a clue the world peaked out with conventional low hanging crude….
    It has been all diminishing returns since then and a J curve for the human hoard.
    In honor of that event here is The Who’s “The Song Is Over”, from their album Who’s Next…the band never performed it live themselves

    The Song Is Over – The Who
    https://m.youtube.com/watch?v=NgYudFmmOl4

    Rolling Stone critic John Mendelsohn rates “The Song Is Over” as being among Daltrey’s and Townshend’s best work, describing it as “an unutterably beautiful song” in which Townshend sings exquisitely over a gentle piano background before and in between Daltrey charging in exhilaratingly over a hard part with breathtaking chord changes in the manner of the “Listening to you I hear the music . . .” refrain from Tommy.[6] Music critic Chris Charlesworth calls “The Song Is Over” “among the most gorgeous ballads Pete [Townshend] has ever written.”[5] Allmusic critic Stephen Thomas Erlewine similarly describes it as a “gorgeous” ballad.[7] Rolling Stone critic Dave Marsh describes it as an “exceptionally fine song.”[8] Segretto considers it “one of the Who’s most beautiful songs” and Rolling Stone Record Guide, 2nd edition editor John Swenson concurred that it was one of Townshend’s most beautiful songs.[2][9] In the 4th edition of the Rolling Stone Album Guide, critic Mark Kemp described it as a “great Daltrey vocal vehicle.”[10] Atkins describes it as “a mature composition, structured with an almost baroque tidiness and order.”[4]

    In addition, the last day for comments, hoping Gail has a nice family visit to Bean Town, lived in that area for 17 years myself till 2007…miss it..

    • davidinamonthorayearoradecade says:

      late 1950s up to 2024.

      what a ride we’ve had on the BAU tiger!

      BAU in The Core should go another decade or two.

      yay us!!!

  4. postkey says:

    “Not long after he was restored as King, Charles II commissioned John Ogilby to produce a road map of England and Wales. This resulted in the publication of Britannia in 1675; an atlas of strip maps showing each of the selected roads. Given the role of roads as a military technology, one might anticipate that the first maps in the atlas would set out the route between the key cities in the kingdom – from London to Nottingham and York, for example – or the direction of the most likely invasion routes – to Edinburgh to meet any invading Scots or to Kent to defend against France. It is somewhat surprising then, that the first route in Britannia is between London and Aberystwyth (roughly corresponding to the modern A40 to Oxford and then the A44 to the west Wales coast).

    Why Aberystwyth of all places? Actually, the importance of the road – which today is a difficult and in places dangerous route – had little to do with the town, but rather a lot to do with the silver mine located to the north. And this tells us a lot about the changes taking place in Britain in the seventeenth century. If we treat Britannia as an early-modern update to the Doomsday Book commissioned by William the Conqueror, then we glimpse a shift away from a system based around land to one increasingly dependent upon resources. “?
    https://consciousnessofsheep.co.uk/2024/09/02/the-long-and-the-short-of-it-three-a-failure-of-communication/?fbclid=IwY2xjawFNKHRleHRuA2FlbQIxMAABHbzGGyJHpct56qKNalulXIrfRiaimn45RGbjGDj292HXqh21Es9ehdkqNw_aem_YNK_Wzdpi3ctXkV11WrI6g

    • From the post:

      n short, as the power available from each new energy source increased, so the size and complexity of the economy grew with it. But the tragedy of the process was that communications always lagged behind. As we saw, the continued dependence upon telegraph messages left the diplomats of Europe unable to respond to the July crisis of 1914, so that the march to war was always ahead of them. Something similar can be seen in the British stupidity which resulted in the loss of the American colonies in 1783 – written messages, which might have informed the British government of just how inflammatory the imposition of taxes to pay for the war with France would be, had to be shipped across an ocean which at best took a month to traverse. Nevertheless, the increasing reach and complexity of communications – also a by-product of the available energy – allowed governments to grow in both reach and complexity. . . .

      Now consider the other suite of technologies which allowed supranational government to grow during the oil age. As with communications, aviation (as currently configured) depends upon mass air travel to remain viable. But with living standards falling across the western (consuming) states, fewer people are able to afford holiday flights, even on the discount airlines. And since living standards will continue to fall, the only viable long-term business model for airlines is a return to the luxury-only system of the 1950s – that is, only a few very wealthy people flying between a handful of major airports on a much smaller fleet of planes… bad news for Bob and Doris who used to go to Benidorm every summer, but catastrophic if you are a supranational governance body which depends upon relatively cheap air travel to operate.

      Put simply, without the communications and transport systems which allowed them to grow, the supranational governance bodies will unravel. Even if the technocrats involved do not understand the thermodynamic cause of their predicament, they are surely aware – though they won’t admit it publicly – that the package of reforms they have been promoting have been having the opposite outcome to the one they intended. And this, in turn, helps us understand why national-populist movements have emerged as the primary opposition. . .

      In the UK – which is getting its collapse in early to avoid the rush – the irrationally complex rail network is running at so great a loss that no affordable combination of ticket pricing and government subsidies can save it. The road network is falling apart, with insurance costs rising steeply because of the increasing likelihood of damage caused by potholes. On top of that are all of the new de facto taxes (congestion charges, emissions zones, etc.) imposed by local government to fill their own shrinking coffers. And the General Post Office first launched under Charles II has become under Charles III, a private Czech company that no longer guarantees to deliver letters (still less on time and to the correct address). As with the supranational bodies, national government can work around this to some extent so long as cheap air travel and video conferencing remains. But, as we have seen, both depend upon a globally expanding mass market to continue, while the global economy is already slowing.

      Tim will write another post on how he expects this to unfold.

      • to simplify that into a few words:

        nations/empires fall apart when the threads of communication that hold them together disintegrate.

        • That is a good way of putting it.

          “nations/empires fall apart when the threads of communication that hold them together disintegrate.”

          • hkeithhenson says:

            At a meta level, why are people attracted to conspiracies/predictions of disasters? It relates to the popularity of this and similar blogs. OFW has (incorrectly so far) predicted collapse for ages that has not come about.

            It’s not everyone, most of the people lined up and got their covid vaccine either because they understood vaccines or they just trusted the public health people who said it was a good idea. I.e., they judged the risks of taking the vaccine are lower than not taking it and getting the disease.

            Most of the time going along with the cultural norm works better. Rebels who planted their crops in the fall starved. But somehow contrarians continue to be born.

            The other factor is gullibility. A certain amount of believing what you hear is essential. I have written about the advantage humans have over cats and dogs of the “look both ways before you cross meme. Memes like scientology are, of course, utter bs but there are people with a deep belief in such nonsense. Talking to them has convinced me that the trait is like eye color, you are stuck with it. One of them talked to me a long time about the vulnerability of them to every MLM scheme that came along.

            It is not easy to sort out, even with such mental tools as evolutionary psychology.

            (EP says that every common psychological trait was either directly selected or it is a side effect of some trait that was selected.)

  5. I AM THE MOB says:

    China oil products demand begins decline from 2023 peak, researcher says

    “SINGAPORE, Sept 10 (Reuters) – Oil products demand in China, long the driver of global crude consumption, peaked in 2023 and is forecast to decrease by 1.1% annually between 2023 and 2025, with the drop accelerating in subsequent years, a China oil researcher said on Tuesday.

    Declining Chinese oil demand from the growing adoption of liquefied natural gas (LNG) trucks and electric vehicles (EV), as well as China’s slowing economic growth following the COVID-19 pandemic, has been a drag on global oil consumption and prices.

    China’s oil products demand shrank 0.5% on year in the first half of this year, mainly led by a 5.8% drop in diesel while gasoline and jet fuel grew 1.6% and 17.6%, respectively, on travel demand, the researcher said at an event, speaking on the condition that their name and affiliation not be used.
    “China’s products (demand) already peaked last year,” the researcher said, adding that consumption is set to decline 1.3% in 2024.
    https://www.reuters.com/markets/commodities/china-oil-products-demand-peaked-2023-with-decline-accelerate-researcher-says-2024-09-10/

    This is a big F*** deal (if) true. This would mean carbon emissions would come down and inflation. And we might not collapse after all.

  6. Maybe we are reaching the end of the line on adding SEC disclosures:

    https://www.zerohedge.com/markets/just-months-left-his-term-sec-chair-gensler-will-likely-abandon-nearly-all-his-esg

    With Just Months Left In His Term, SEC Chair Gensler Will Likely Abandon Nearly All Of His ESG Initiatives

    In news that should surprise no Zero Hedge readers, SEC Chair Gary Gensler is going to be forced to abandon his idiotic plans for incorporating ESG into public disclosures, according to a new report from Bloomberg Law.

    As a reminder, prior to basically all of Wall Street abandoning its love affair with ESG, Gensler pushed for public companies to disclose climate risks, workforce management, and board diversity.

    He also proposed rules to curb greenwashing and misleading ESG claims by investment funds.

    Now, nearing the likely end of his term, most major ESG regulations remain unfinished.

    With less than five months left in Gensler’s tenure, they likely won’t be completed, according to Bloomberg. A conservative backlash against ESG and federal agency power has sparked legal challenges to SEC rules on corporate emissions reporting, weakening the commission’s influence.

  7. The name of William Oughtred is now not familiar to most people.

    A clergyman and a minor mathematician, his chief contribution to civilization was the invention of slide rule, around 1650. when Cromwell was ruling England.

    Slide Rule built the 18th, 19th and early 20th centuries. Without it various engineering projects would not have been possible.

    The movie oppenheimer does not show slide rules, but back then even the more famous scientists used slide rules for calculation.

    Complexity grows up to the limitations of available tech , and slide rules did lead to a lot of things which were common as late as the 1950s.

    Like everything not digital, the art of slide rules has been lost. However there are still some people who keep them, just in case.

  8. Tim Groves says:

    Amazing interview!

    Chris Williamson talks to Eric Weinstein Are We On The Brink Of A Revolution?

    It’s three and a half hours long and very educational. I recommend you all give it a listen during the hiatus between the closing of these comments and Gail’s next post.

    Highlights (for those who don’t want to wade through the whole thing):

    00:00 Will Trump be Allowed to Become President?
    12:02 MSNBC’s Editing of Joe Rogan to Support Kamala
    16:48 The Media’s Gaslighting of Modern Politics
    31:07 Is Google Influencing the Election?
    43:03 How Physics Became Boring & Safe
    52:40 Is String Theory Just a Shiny Distraction?
    1:03:44 Why String Theory Still Gets Funded
    1:07:41 Science’s Big Problems
    1:13:45 The Danger of Criticism Capture
    1:26:19 Eric’s Antidote for Cancelling People
    1:36:15 Why Having Public Opinions is so Exhausting
    1:53:21 What Chris Gets Criticised for Most
    2:06:10 The Dynamics of Interviewing & Conversation
    2:16:18 Trying to Become a High Agency Person
    2:25:53 Eric’s Advice for People Who Don’t Fit in
    2:33:38 Overcoming Impossible Situations
    2:38:17 4D Complex Shapes, Geometry & Dimensions
    2:49:09 The Internet is Destroying the Sacred
    3:02:44 Reacting to “What Can Be, Unburdened By What Has Been”
    3:19:06 Eric’s Thoughts on JD Vance

    • I have a post close to finished. I will be traveling to the Boston area to visit my daughter and family, leaving tomorrow and returning Saturday. Hopefully, I can get the new post up soon.

    • Most likely a Constantinople like approach will be taken

      The elites will hole themselves up in an easily defensible area, bide their time and return with a vengeance when the chaos dies down

      I think Eric’s brother Bret, who is more famous, did not buy a spot for his older bro and Eric is getting terrified. Apparently they are no longer in speaking terms.

  9. There are a few things in the world which some people want to deny but cannot escape from.

    1 all the good things are owned by the elites
    2 they will leave nothing, absolutely nothing, to the masses
    3 social structure is basically forever
    4 and the reduction of available resources will only exacerbate this issue as the elites will hold on to what they have tooth and nail, use the most brutal methods they have.

    Mass protests? no chance. They will be eliminated by the best anti-riot weaponry out there, drones spreading poison gas over the crowds

    There is nothing for the masses, absolutely nothing. The elites and the smarter part of pop will own everything, leaving nothing to the rest, during an End of the More situation.

  10. erwalt says:

    Apropos Status Quo:

    The Best – Status Quo
    (https://www.youtube.com/watch?v=LN9ehay7Adw)
    [386,319 views, Premiered Mar 29, 2022, Israel Campanha]

  11. erwalt says:

    ‘… Status quo’ referred to a page [On the Permanent Ascendance of Elites]
    (https://greyenlightenment.com/2021/09/29/on-the-permanent-ascendance-of-elites/). There you can read:

    “The wealth of Gates, Bezos, Musk, etc. will keep growing and not suffer the fate of the Rockefeller, Vanderbilt, and Carnegie fortunes …”

    “Warren Buffett is famously miserly, as is Bill Gates and others, whereas John D. Rockefeller frittered much of his fortune on philanthropic projects of possible dubious economic value.”

    As many of the ‘technicians’ are completely in line with what misc organizations with close ties to the name Rockefeller suggest(ed) or predict(ed) for the future, the assumption is right that their wealth is about to increase to further respective plans or ideas. It is up to the reader to decide who is seemingly ‘in line’ with this.

    E.g.
    [Designing a Nourishing Food Future for 2050]
    (https://www.rockefellerfoundation.org/insights/grantee-impact-story/designing-a-nourishing-food-future-for-2050/)
    [Rockefeller Foundation Aims 2050 Net Zero for $6B Endowment]
    (https://carboncredits.com/rockefeller-foundation-aims-2050-net-zero-for-6b-endowment/)
    [Leadership in American Medicine as I See It: A Background in the Beginning]
    (https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3527854/)

    And what could go wrong with further increasing urban areas …
    [Urban–rural political divide]
    (https://en.wikipedia.org/wiki/Urban%E2%80%93rural_political_divide)

    It seems there is a major imbalance ahead — if not already here.

    • It is either the elites corners all the resources of the earth (and probably the space) and leave nothing for the rest and rule the earth and the space forever, or a big chaos reverts civilization all the way to the medieval era.

    • What could go wrong with more complexity? I saw an article today about supposedly the jet of the future.

      https://www.wsj.com/business/airlines/its-the-airplane-of-the-future-its-still-grounded-43274acd

      It’s the Airplane of the Future. It’s Still Grounded.
      Engine problems are the latest chapter in the troubled history of the Airbus A220, a jet with the potential to revolutionize regional and short-haul travel

      The durability problems affecting jet engines have hit this aircraft hard, forcing airlines to cancel flights and ground crews. RTX-owned Pratt & Whitney has said that many of its PW1500G turbofans, which were supposed to last 20,000 flight cycles, should be sent to the shop at 5,000. Some are being sent in before 600 cycles. According to August estimates by analytics firm IBA, 15% of global A220s are grounded and another 42% are of the age that suggest inspections have happened or are due.

      It seems like we hear that story with every device that is intended to be more efficient. And we know that bigger and bigger cities can’t work, when the surplus from the rest of the system starts declining.

      • It is whether the tech can sustain the complexity or not

        For example, in the old days nothing more complex than what an abacus could do could be possible

        Then someone invented slide rules, and the first half of 20st century was built with the slide rules

        and after that calculators and computers continued

        So as long as there are technological advances the complexities can increase.

  12. Tim Groves says:

    TikTok removed this video with 4 Million views because of “misinformation.” 🙄

    🔥Listen as he calls the media out!!🔥

    https://x.com/TALKGlRL/status/1832127702662324409

  13. postkey says:

    “And one need not leave the US to see first hand the leading edge of this coming wave. Simply leave any metro area to make sure you are in the “country.” Left and right you see scores of 20+ year vehicles, rusted, beat-up, but lovingly (out of necessity) maintained. Many rundown, well past former glory, small town main-street car fleets increasingly look like those of Havana.

    In this type of world, highly complex and energy efficient vehicles are not valued. Even in well-to-do areas you are seeing the smart money giving their kids older, less complex cars rather than buying new.”?

    https://thehonestsorcerer.medium.com/back-to-a-carless-future-f5b7e0640c4d

  14. Student says:

    The one concerning my post after Tim’s post. Thank you

  15. postkey says:

    “I can only reach one near-certain conclusion: because she has already been convinced by her NWO minders that the fix is in – and the Donald cannot win – because this time digitally counted votes in her favour cannot be questioned. “?
    https://therealslog.com/2024/09/08/drawing-conclusions-from-us-democratic-party-occlusions/

    • Just a replay of William McKinley in 1896 and 1900, installed to the Presidency by Mark Hanna, an Irishman who ran the machine in Ohio. McKinley, who was not a good speaker, did NOT campaign at all but won both times because of Hanna.

      McKinley’s second term lasted 6 months because the powers that be decided this nonentity lingered at the Presidency for too long.

  16. Tim Groves says:

    A Midwestern Doctor writes:

    “Recently, a rather extraordinary turn of events happened. The sitting president was forced to drop out of his re-election campaign because his cognitive impairment was undeniably exposed to the country through a presidential debate and his party then turned against him. I and many others hold the opinion that over the last 3 years, Biden experienced cognitive and neurological decline, that this decline perfectly paralleled his zealous endorsement of the COVID vaccines, and that causality can be established since that same decline has been seen in many others following COVID vaccination (especially older adults with pre-existing cognitive impairment).

    On 9/9/21, Biden gave one of the most divisive speeches in American history. There he announced his illegal workforce mandate (which was later struck down by the Supreme Court), repeated a series of known lies about the COVID vaccine and repeatedly attempted to incite hatred against the unvaccinated. Since the entire conference was 27 minutes long (which made it too long to watch), I spent a while trimming it down to the key points. The primary reason I made this article was to highlight this video, so please consider watching it (and take note of how much more lucid and coherent he was just three years ago).

    “Watching that speech is understandably upsetting for many of you. In my eyes, the most important aspect of this speech is that it illustrates why it is so critical to have laws against tyranny because someone in a position of power will always become convinced that it is acceptable to do something absolutely grotesque to the citizens, and will do so unless safeguards are already in place to prevent that.

    “When I first saw Biden’s speech, I was shocked by the audacity of his lies (e.g., many of his justifications for the mandates, such as the vaccines “preventing” transmission, went against the known science at the time), the irrational contradictions between them (e.g., how can the vaccines “work” if you can’t be around the unvaccinated) and the absolute certainty he had in his positions alongside his gross contempt for those who disagreed with him.

    “Put differently, the Biden I saw was no different from one of the many difficult older men I know who listen to CNN or MSNBC all day, have absolute certainty in the beliefs they get from the mainstream media, angrily will insist abhorrent policies are justified on the basis of their beliefs and have a specific type of ego which under no circumstances will be willing to acknowledge its beliefs were incorrect.

    “Note: I suspect many of you have people like this in your life too. One of the remarkable things I’ve discovered from researching the Federal government is how often the head of an agency) will be completely ignorant of the actual science on a medical controversy, and instead mindlessly repeat the party-line regardless of how at odds it is with reality (e.g., multiple heads of the FDA did this DMSO).”

    https://www.midwesterndoctor.com/p/we-must-never-forget-9-9-21

    =========
    (Bolds: mine)

    We certainly do, AMD, we certainly do! Indeed, some days it feels like we are surrounded on all sides by people exhibiting the unmistakable signs of galloping senility

    • the man was in his 80s fer chrissake

      read your shakespeare–

      my neighbour has just gone the same way—over about only 2 months

      • Tim Groves says:

        You seem to have gone the same way too. Some of us have observed a marked deterioration in cognitive ability over the past couple of years. It’s just that you have noticed.

        Here’s a test:

        Q. Who’s the Queen of England?

        Me? No, I was always like this.

      • Tim Groves says:

        Your neighbour? I’m sorry to hear that, Norman.

        How many boosters did they have?

    • Student says:

      Yes, I also thought the same for a moment, but then I also thought that if his consultants have really suggested him to really take the Covid vaccine, we have a great problem folks, because it means that the ruling class around the President of the United States of America doesn’t think clearly.

  17. ivanislav says:

    >> I think IQ is treated as a measure of innate potential

    I should have written and what I meant was “genetic potential”

    • drb753 says:

      I am much more a believer in epigenetics. I would prefer to have children with a less intelligent woman (or woman from a supposedly inferior ethnic group), provided she and the kids are fed an optimal diet, than the other way around. White guys are, after all, black guys who moved north and ate animal foods for a long time.

  18. “The largest wind turbine in history, switched on for the first time: 500,000 ft² and an unexpected effect”

    https://www.ecoticias.com/en/oceanx-largest-wind-turbine-history/5955/

    At half a million square feet, the blades would be nearly 399′ long.
    How long would it be out in the typhoons, etc.?

    • The article doesn’t really tell the unexpected effect, as far as I can tell. It says

      China has broken all-existing records: This new energy is being generated from the sea

      Currently, Mingyang Smart Energy has made a major step in the offshore wind sector and demonstrated the operational culture of a unique 20 MW offshore wind turbine. This colossal machine has now stood the test of time and has become the epitome of the company’s technological advancements, breaking wind energy records.

      The largest wind turbine with a capacity of 16 MW was commissioned on August 28, 2024, in Hainan – one of the Chinese provinces in the South China Sea. This location was chosen to maximize both wind speed, and distance from the continental shelf, environments that the turbine was absolutely built to thrive in.

      The article goes on to talk about wanting to build even bigger wind turbines.

      The article doesn’t seem to say how well it really works.

  19. Ed says:

    https://worldpopulationreview.com/country-rankings/average-iq-by-country

    If 82 is a limit for employable there are entire counties with few employable!

    • A question the wokists are unwilling to face.

    • ivanislav says:

      I think IQ is treated as a measure of innate potential, but in reality, it is hugely affected by things like childhood nutrition and environment and available stimulus. While the likelihood that populations have equal innate potential in all disciplines is nil, we also shouldn’t take existing measures as unvarnished truth, even if perhaps they turn out to be directionally correct.

      Japan, with the highest IQ listed, has still backslid relative to other nations in recent times, still offshored its industrial base, is still massively indebted, still made stupid political decisions of all sorts, and lags in chip technology, and so on.

      • hkeithhenson says:

        “hugely affected by things like childhood nutrition and environment and available stimulus”

        Absolutely. Genetics sets the achievable IQ much like it does height. Poor nutrition stunts growth of both.

      • ni67 says:

        it grew old. you are not going to innovate without resources or willpower. it is still ahead technologically if we are talking about everyday autonomous introvert life

    • JMS says:

      I never knew the Chinese were so intelligent. Funny that all this supposed intelligence hasn’t helped them, in 5000 years of history, to become more than serfs with no rights or freedoms other than to obey as dilihent workers ans shut up.
      Personally, I’d rather be a dumb Angolan than a smart Chinese. But that’s just me, who values freedom more than wealth.

  20. Mirror on the wall says:

    > Trump Attacks NATO Days After Hinting At Ending Russia Sanctions | Ukraine War | US Election

    • I can understand why Trump thinks that our allies are worthless when it comes to defending the US and its interests. Trump is asking these countries to spend 3% of GDP on defense, when their economies are not in good shape.

  21. Mirror on the wall says:

    > Putin prepares BRICS Kazan payment system

    • Alex and Alexander talk about Putin preparing for BRICS Kazan payment system. Putin is making a trip to the far East, including Mongolia, Thailand, Malaysia, Indonesia, working on ties with these countries.

      Putin is very interested in developing the far Eastern part of Russia, including Vladivostok.

      Preparing for a big summit meeting in Kazan, Russia, October 22-24. Russia takes over the rotating BRICS presidency this year. Lula in Brazil is the one big piece not part of BRICS.

      Working on starting a new payment system. Want to trade with each other, including Russia and China. Need to get around the sanctions. Takes time, mental energy, and adds friction. Working on this now.

      • Student says:

        Sanctions don’t work, at least in the way they are organized now, which is that: one side, composed by US which rules and its allies which follow, decides that another side is wrong waging war against a country.
        But this same side (US and allies) decides on its own that – on the contrary – it is on the right side when, on its turn, it wages war on a country (see for instance war against Iraq or Afghanistan or Lybia or war made by Israel against Palestine).
        It is ‘normal’ that the other countries don’t accept anymore this kind of unbalanced behaviour.
        Additionalky International organizations such as UN or ICJ don’t appear anymore ‘neutral’ and that is a problem for the peace or at least the good relationships among countries. On the globe.
        I’m seriously concerned that many people don’t realize this.

  22. https://greyenlightenment.com/2024/09/06/dr-jordan-peterson-the-most-terrifying-iq-statistics-thoughts-on-iq/

    https://youtu.be/BtRE9HpVja8?si=vegXhTVYlyhbOper

    Count Lev Tolstoy had said that

    “Happy families are all alike; every unhappy family is unhappy in its own way.”

    And this guy says one can be smart in a bunch of ways but one is stupid only in one way.

    tl, dr, Jordan Peterson said anyone under the IQ of 82 is unemployable, and lo and behold,

    >The average intelligence quotient (IQ) is between 85 and 115. But this number can vary between countries, states, and even geographical regions. The Intelligence of the Nations report from 2019 reported that the average IQ in the United States is 97.43. The Average IQ around the world is approximately 82.Jun 5, 2024

    In other words, half of the world is unemployable, even at minimum wage level.

    Any argument to take these people to the future is simply farce.

    • Ed says:

      Maybe some one will create gated cities, gated on having a certain minimum IQ. Say 80, 90, 100, 110, 120 as minimums. I would love to know the bottom 10%, average, upper 10% in Chinese tier 1, 2, 3, 4 cities.

        • Link inside article gives examples of Jordan Peterson’s offensive tweets.

          “Referring to Catherine McKenney, an Ottawa city councillor, who prefers to use they/them pronouns, as an “appalling self-righteous moralizing thing.””

          “A tweet in which he referred to Gerald Butts, the former principal secretary of Prime Minister Justin Trudeau, as a “prik” (sic).”

          “His tweet in response to a Sports Illustrated swimsuit cover of a plus-sized model, in which he said: “Sorry. Not Beautiful. And no amount of authoritarian tolerance is going to change that.””

          • Sam says:

            Actually the bigger women will be more beautiful because as we go into starvation mode etc… maybe Peterson is behind the times 😂. But I get the wokeness

  23. https://www.zerohedge.com/geopolitical/austin-tells-zelensky-long-range-strikes-russia-wont-be-game-changer

    In the latest $250 million weapons package for Ukraine approved and released by the Biden administration, noticeably absent were the longer range missiles which Zelensky has long been pleading for.

    The package did include the typical HIMARS ammunition, air defenses, artillery rounds, and even some Stinger missiles, among other items, and was pulled through the Presidential Drawdown Authority, which draws from American military stockpiles. It is part of the $61 billion for Ukraine (out of the total $95 billion foreign military aid bill) signed into law by President Biden last April. . .

    On the same day the $250 million weapons package was released (Friday), Secretary of Defense Lloyd Austin offered some rare push back against Kiev’s desperate requests to use US and Western weaponry to launch long-range strikes deep inside Russian territory. . .

    It appears that for now, no matter how loudly Kiev lobbies Washington, the consensus is that hitting deeper inside Russia has little or no upside and is full of downside, specifically of drawing NATO and Russia into a direct shooting war.

    • drb753 says:

      This and many other declarations from people singing from the same score mean the West is now looking to freeze the conflict.

  24. WTI is up to 68.61, which is not very high.

    https://www.zerohedge.com/commodities/oil-rises-major-us-refineries-path-strengthening-gulf-storm

    Chevron Evacuates Workers From Offshore Oil Platforms Ahead Of Strengthening Gulf Storm

    Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm expected to hit the region in just a few days. . .

    The National Hurricane Center said the tropical system will be named Tropical Storm Francine once it begins to organize. It’s expected to strengthen into a hurricane on Tuesday before landfall along the northwestern US Gulf Coast on Wednesday.

    I don’t get the impression that anyone expects this to be a particularly severe hurricane. It is expected to hit in Louisiana.

    This hurricane will likely to lead to rainfall farther east (I hope). We need rain in Georgia, so a small hurricane is perfectly OK.

  25. Mike Jones says:

    More motorists are dropping insurance. Guess who pays the price?
    Portrait of Daniel de ViséDaniel de Visé
    USA TODAY
    https://www.usatoday.com/story/money/2024/08/29/car-insurance-costs-uninsured-motorists/74908358007/
    As more and more people are uninsured, that portion of your policy is going to reflect that,” Crewdson said. “The insurance premium is just reflecting what’s happening in the world.”
    Insurance companies have been losing money, too
    Insurers have lost money because they haven’t raised premiums fast enough to keep pace with the higher costs of claims.
    The consumer price index for used cars, for example, rose by more than 60% between mid-2020 and early 2022, when prices peaked. That meant higher replacement costs for cars totaled in accidents.
    The District of Columbia has a higher share of uninsured motorists than any state, 25.2% as of 2022. Next on the list: New Mexico (24.9% uninsured), Mississippi (22.2%) and Tennessee (20.9%).

    Surprised my State of Florida was not mentioned it’s got to be at least 25%.
    In South Florida a car is a necessity…forget about using the bus

    It’s economic pressures on families,” said Mark Friedlander, spokesman for the Insurance Information Institute, a nonprofit affiliated with the Insurance Research Council.
    “You’re talking about housing costs, escalating mortgage rates, interest rates,” he said. “Grocery bills are more. Health care is more. Are you going to put groceries on the table, or are you going to buy insurance?”

    • Insurers have also had problems with necessary parts not being available for replacement in damaged vehicles and, because of this, needing to provide rental vehicles for insureds for long periods. This has also added to costs.

      • MikeJones says:

        The whole Insurance racket is on the brink of collapse.
        It’s becoming undoable on both ends, I’m afraid.
        The Agency we had put us through hell to renew our home owners policy. Wouldn’t renew unless we re-roofed and demanded extensive evidence of such…final inspection, contractor final payment invoice, contractor installation photos, Gave us a lot of hassle, never filed a claim and now it’s common practice to demand a re-roof after only 10 years!
        Never mind my car insurance, bunch of crooks. Friend of mine was with one for 40 years and called to see about the crazy rate increase. The agent flat out said..that’s too bad, sorry to see you go, bye, bye.

        https://m.youtube.com/watch?v=SONhCiBCybI&t=455s

        Bye bye

        • I am afraid that small businesses are running into the same issues. Large businesses and government generally self-insure so they find the higher costs in a different way. Some of the large businesses will buy excess insurance (which has been going up in price, a whole lot, because there have been so many gigantic multiple insured losses, like the Maui fire).

          As I have said before, higher interest rates are causing financial problems for many insurance companies because of balance sheet issues. This is a hidden issue that adds to all of the other insurer issues.

          • Mike Jones says:

            That’s a part of it, a long with other issues that are taboo to bring up on these pages..best let sleeping dogs alone.

            We are going to have a city hall meeting on Thursday concerning property tax increases.

            The politicians are spending money like drunken sailors…on projects, creating positions for their allies or friends, and no caring about the middle class homeowners ,

            Homes here were about 150,000 and now about 450,000 and up…along with HOA fee increases if you have one..nothing left.

            The millage rate has stayed the same..

            Some condo building has assessments for recent inspection in the 50,000 and upwards.
            Crazy shoot happening .

        • Sam says:

          I pay 38 dollars a month for auto insurance. 2008 f-150. My homeowners not too bad either but I do see that they are monitoring my roof. When I go down south I see ads about “hurt in an accident!!” Almost nonstop. If you are in an accident they act like you are going to get a windfall of money!! No wonder your insurance is high!!

    • Hubbs says:

      Out of curiosity, in view of the rising number of med-mal claims and the increasing size of jury verdicts and settlements after several years of stability, how’s the medical malpractice industry doing?
      Are some hospital chains like Community Health Program self-insuring or relying on re-insurers?

      • Hubbs says:

        ooops. Not CHP. I meant CHS
        https://www.chs.net/

      • Mike Jones says:

        Yep, the ambulance chasing Lawyers dominate the airways and highway billboards here where I live..constantly asking, Have you’ve been in an accident that’s not your fault? Call us here at Syster Law group and see how much you case may be worth…Syster got me $500,000, thank you so much MisterSyster

        The whole Insurance Industry is in the state of demise.

      • There are really two different medical malpractice businesses:

        (1) Medical malpractice sold to independent doctors. They generally do not have huge assets–just their homes, perhaps a car and boat, and some rented office space.

        (2) Medical malpractice coverage for hospitals groups and their employed physicians, physician assistants, nurses, and everyone else.

        With respect to the first type, what I have heard is that the incidence of claims is down after 2020. It probably is coming back up again, but I am not close enough to the situation to tell. People who are worried about going outside don’t put a lot of effort into suing a doctor.

        With respect to the second type, nearly 100% of this type is self-insured, generally with some excess insurance through the international excess market. More and more physician groups are being bought up by hospital groups, so this part of the system is growing. When everyone working in a hospital is an employee, and something goes badly wrong, it is hard to say, “It is not one of our insured’s fault.” I expect that there are a lot of out of court settlements. But I don’t know how this insurance is going, except that international excess insurers have been raising rates on everything. They are especially hit by higher interest rates.

    • This guy from Ohio shared his insurance woes, and some video clips. A lot of crashing into buildings!

      https://x.com/CollinRugg/status/1832949010346467708

    • WIT82 says:

      I always notice people never think about total cost of ownership of an automobile, they tend to think only about the price of gasoline to power the vehicle, but never about things like registration or insurance. It might not so much be lack of gasoline that takes down “easy motoring” but rising cost of insurance, registration and higher auto payments due to increased interest rates.

  26. A lot of two legged animals will no longer be considered as humans.

    And people worth something will treat them as nonhumans and won’t give a crap when they perish.

    • dobbs says:

      The silver lining is that sociopaths like you will be turned into fertilizer.
      You have made a convincing argument that allowing sociopathic threats to community like you to continue to exist is a profound mistake.

      • On the contrary

        https://greyenlightenment.com/2024/09/04/the-forever-rise-of-elites/
        https://greyenlightenment.com/2021/09/29/on-the-permanent-ascendance-of-elites/

        The social structure is set in such way that only elites, today’s winners, will advance to the next level of civ, and everyone else bites the dust.

        The current crisis , which the author of these articles seem to dismiss, is the greatest threat against the elites ever, but given their preparation, guile and ruthlessness, it is likely that they will survive this and advance further, without taking 99.9% of the current world pop.

        Sociopaths know how to make allies when it suits them.

        • dobbs says:

          Keep telling yourself that. LOL

          Then one day,
          you hear a boom
          and feel the lead tearing through your body.

        • erwalt says:

          „We need to do more with what we are rather than with what we have.“
          (William Catton, Interview Footage for What a Way to Go — Life at the End of Empire, at around 1:08:00h)

          So how exactly does it help to be a winner, belonging to the elite as you say, in a not so bright future?

          Will it help to be the richest man in the cemetery?

          BTW, I think the linked article(s) downplay the role of past ‘elites’ in comparison to some ‘newcomers’ and their influence in current world affairs.

          • The author is a Turkish immigrant who apparently runs the family chest of some Turkish bigwig so he is one of the newcomers.

            However, the past elites have mostly passed into obscurity, but the new inimical, energetic and efficient elites will leave nothing for the rest.

    • WIT82 says:

      We are all two-legged animals, that is what humans are.
      The capitalist class always thought of the proletariat as cannon fodder, hence all the wars, so that is nothing new.

  27. Today is the last day and there will be just two more posts before the big show day.

    People worth something will get used to turn a blind eye to the massive humanitarian disasters facing the earth.

    The British gentlemen of the 19th century were completely oblivious to the humanitarian suffering. I have said a few times that the theory of evolution was founded by Erasmus Darwin, Charles’ grandfather, and the idea of selective breeding was quite rampant long before that.

    Alfred , Lord Tennyson traveled Ireland during the time of famine. He rode in a specialized carriage so he could see the scenery, but not the starving people. That is how people who drove civilization behaved.

    We will go back to such ages. I am one of the last people who kept the old traditions. Although I have no descendants, I think I will probably see the return to the old norms of morals during my lifetime so my life will probably be not in vain.

  28. WSJ Opinion Article:

    https://www.wsj.com/opinion/californias-lights-are-out-and-gavin-newsom-isnt-home-energy-power-f51913f5

    California’s Lights Are Out, and Gavin Newsom Isn’t Home
    Customers across the state experience power outages, and climate policies are ultimately to blame.

    Summer ain’t over in California until the lights go out. A one-hour power outage kicked off my Labor Day weekend. My sister, who lives 15 minutes away, had it worse: Her home lost electricity for nearly a day. On Friday folks across the state lost power with nearly 130 outages in the city of Los Angeles alone.

  29. Post with a lot of charts:

    https://www.zerohedge.com/markets/high-frequency-indicators-provide-clear-snapshot-chinas-dismal-recovery

    A deepening property crisis and sluggish consumer spending derailed China’s economic recovery by late summer. Last week, Bloomberg Market Live reporters noted that soft corporate earnings signaled the world’s second-largest economy is “nowhere close to bottoming out.” . .

    The big takeaway from the high-frequency economic indicators is that the property sector has yet to stabilize to end the vicious spiral of consumption, employment, and housing. Even more apparent is that relying on manufacturing and exports to boost growth is not working. Also, Beijing might not have a clear policy roadmap until after the US elections in early November. . .

    Tracking high-frequency economic indicators, particularly from China, gives investors a clearer view of global economic cycles. With momentum in both China and the US heading in the wrong direction, the case for a slowing global economy mounts.

  30. Student says:

    (CHD)

    “Pfizer Deploys Mobile ‘School of Science’ to Teach Kids the ABCs of Pandemics and Vaccines”

    “Pfizer has paid billions in penalties for false claims and safety violations,” she said. “Why would schools invite a corporation that is notorious for putting profits over people to teach their children ‘science’?”

    The ROBOTIC DOG was especially concerning, Kane said. Police departments across the country and the world have controversially begun deploying robot dogs to surveil citizens with cameras, sensors and microphones and militaries are starting to weaponize them for military applications by mounting them with machine guns.

    “They are bringing these dogs to the kids in such a disarming way — showing how cute this robotic dog is when it looks precisely like the dogs that they’re putting out into police departments and into the military,” he said. “That is very frightening in terms of what they’re programming these children to be used to and to think is cool, and to think is normal.”

    https://childrenshealthdefense.org/defender/pfizer-mobile-school-of-science-teach-kids-pandemics-vaccines/

    • Rodster says:

      They are grooming the future generation. It’s NO different than having a book reading club session with a drag queen or Trans person. It’s all about making the unacceptable, acceptable. Western values for the win !!!

      “They hate us for our values” – G.W. Bush

  31. Zemi says:

    Time to revisit German-Swiss physicist Heinz Pommer and his thesis that 9/11 was caused in part by a mini-nuke. After all, much of the towers simply turned to dust.

    https://rumble.com/v1jenz3-20-years-of-911-an-interview-with-heinz-pommer-www.kla.tv21220.html

    • Zemi says:

      Volcanic NYC. 9/11 and beyond: the Oligarch’s nuclear wargames

      https://www.youtube.com/watch?v=CtWCpZn-M2c

      ##################
      The Ground Zero model

      https://911gzm.org

    • davidinamonthorayearoradecade says:

      excellent.

      time to revisit that after 23 years, there are still multiple theorries of what happened that day.

      what about the energy ray from space theorry?

      why isn’t that one correct?

      maybe all the 9/11 theorries are correct.

      hahahahahahahahahahahahhahahahaha.

      hahahahahahhahaha.

      • could be that the ”other shooter” in kennedys assassination spent the rest of his life carrying explosives into the wtc building, tied in his trouser legs, then letting it out a bit at a time, (as in POW escape plans)

        no one would notice that

        until it was spread out on every floor

        then, as soon as the holograms of the planes were shown, in the air, he set it all off in one building. then ran to the next one and lit the fuse there.

        wadja think zemi??

        makes sense to me.

        • i dont think it’s possible to have an arthritic mind

          arthritic knee–yes.

          but you are no doubt qualified to give an opinion on such matters, so i will take your word on it.–based on all the other stuff you trot out as ‘truth’

          i enjoy reading all of it btw.

      • TIm Groves says:

        The official story of 9/11 doesn’t add up and nobody in officialdom is interested in finding out what really happened. In that respect, it’s just like everything else the US Federal Government gets its hands on or its teeth into. Americans know this better than anyone.

        Other countries have psyops, but only American has them on such a grandiose scale with full Hollywood special effects.

        • toldya what happened tim

        • hkeithhenson says:

          “maybe all the 9/11 theorries are correct. ”

          Among Wilson’s 35 books[20] and many other works, perhaps his best-known volumes remain the cult classic series[21] The Illuminatus! Trilogy (1975), co-authored with Shea. Advertised as “a fairy tale for paranoids”,

          snip

          another gives a detailed account of the John F. Kennedy assassination (in which no fewer than five snipers, all working for different causes, prepare to shoot Kennedy),

          ^^^^

          Wilson and Shea (I knew both of them) were able to make a best selling book out of the nonsense. I suppose someone could do this with 9/11, but not the serious conspiracy people. They have no sense of humor.

    • keep em coming zemi

      can’t wait to read your latest

      makes my day

    • drb753 says:

      specifically the mode of collapse of both towers can only be explained with a gigantic shockwave traveling from the bottom to the top. You then have molten metal under the rubble many days later. Usage of low yields nuclear weapons has been there, NY 2001, Tian Jin and Ukraine 2014, Yemen 2015, Beirut 2020.

      • look

        ive seen the movie ”independence day” at least 20 times

        spaceship arrives over top of building

        opens zapper bay—splat—

        building vapourised in 10 seconds

        if the aliens can do that–it would be easy for them to disguise their ”starship” as a 737 or whatever.

        • Mike Jones says:

          This just in from above…Starship to Captain Kirk
          If people believe what Elon says they will believe almost anything. How’s that Mars colony coming along Elon? Weren’t you supposed to land 4 Starships (2 cargo, 2 passenger) on Mars this year? Did you get that Starship into low earth orbit yet?

          It’s coming, I promise, got to believe, just need more Pt and some MoJo

        • drb753 says:

          Norm, please do not reply to physics based comments. you are out of your depth.

  32. I’d like to correct what I think is some misinformation I read in OFW comments —

    Googling “how much wood does it take to make charcoal” yielded “It takes about three pounds of wood to make one pound of charcoal. On average, wood yields about 60% charcoal by volume, or 25% by weight.”

    Googling “how many tons of coal does it take to make a ton of steel” yielded “It takes around 770 kilograms of coal to make one ton of steel, with approximately 70 per cent of global steel produced in basic oxygen blast furnaces.”

    Assuming that charcoal is roughly equivalent to coal in energy yield per weight & volume, smelting steel from wood would take about 2.3 times the weight in wood, to the weight of the steel produced.

    And, cutting down trees to make charcoal, like they’ve been doing in Brazil, tends to increase the amount of CO2 in the air, as those trees consume it.

    • Maybe so. It takes a whole lot of human labor to cut down trees and go through all of the steps needed to make charcoal. So I don’t think much charcoal can ever be made from wood.

      Also, coal comes in a whole lot of different forms. As I understand the situation, metallurgical coal is used to make steel. It is a very high quality coal, probably not at all like charcoal.

      Wikipedia says:

      Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled to the demand for steel. Primary steelmaking companies often have a division that produces coal for coking, to ensure a stable and low-cost supply.

      I think you are leaving out a step or two in your calculation.

      • For sure — but, I don’t think it “adds up”, that “BAU” can continue, without fossil fuels.

      • Dennis L. says:

        That was done in Maquoketa, IA to produce lime in the 1870’s. Approximately 3000 acres were chopped down and as I recall driving through the area, it is still barren today. They stopped running in the 1930’s due to portland cement rising and I expect exploitation of near by trees.

        Maintained today as a historical site.

        Dennis L.

    • the basic arithmetic of charcoal=iron is that charcoaled wood is generally produced by coppicing in northern latitudes

      whatever quatity of wood you use, it takes about 14 years to regrow, ready to be coppiced again.

      therefore, you either find new woodland all the time–as say in Brazil–

      or restrict your iron production to the rate of tree growth

      if iron production is restricted, economic growth is restricted, because ferrous metal is the key ingredient to all economic growth.

      • Notice that this is iron, not steel. Steel takes more heat, and often uses other minerals as well.

        • i agree

          but i was using the start point of ferrous metals in general.

          steel is ultimately extracted from iron ore

        • hkeithhenson says:

          Gail, the energy difference between iron and steel is small. But nobody who is up on modern technology is going to use charcoal to make iron. Trees are no better than 1% capturing sunlight, PV is at least 20%. You can use electrolytic hydrogen to reduce iron and electric furnaces make steel.

    • sciouscience says:

      Pyrolize rice hulls or other regional agricultural waste into biochar.
      Industrial pyrolysis can co-produce syngas and electricity.
      Produce briquettes from biochar.

  33. Sam says:

    Holy sh$6 my comments were deleted from here. Wow!

  34. It seems the days of Representative Democracy has ended since too many people with no stake on civilization have a say on how things are run.

    A big transformation will take place, and with the elites running the government like Saudi Arabia and Dubai, special interest groups silenced and the ordinary people having no representation at all.

    With the Hordes knocking the door , a restoration of Imperialism is inevitable. Woodrow Wilson screwed up big, and we are learning, at the eleventh hour, that not every people deserved to have its own country.

    A consolidation of countries in the civilized zones will take place, with the hinterlands being allowed to tend for itself.

    I wonder why Cold War was fought. it would have been better to let USSR feed these hellholes and waste more of its resources so it would have collapsed faster.

    • Ed says:

      Like China with tier one cities and lower tier cities. As the US spends its resource breeding as many low IQ, low self control, low willingness to work versus other countries that reward and encourage the opposite. We will see which is most adaptive.

      Give it 10 generations say 10×30=300 years.

  35. MikeJones says:

    Kuwait Is Awash in Oil Money. But It Can’t Keep the Power on.
    The Persian Gulf nation has instituted rolling blackouts to cope with surging summer electricity demand, stirring frustration among citizens.
    https://www.nytimes.com/2024/09/08/world/middleeast/kuwait-power-cuts-climate.html

    Kuwait, perched atop around 6 percent of global oil reserves, is one of the world’s wealthiest states and a major energy exporter.

    But in June, as soaring temperatures strained the country’s electrical grid, a Kuwaiti elementary school teacher, Shaikha al-Shammari, found herself leading lessons in the dark when the power suddenly cut out. Last month, she went home to find her own children struggling to cope after the electricity went out there, too, shutting off the air-conditioning.

    And Mishari al-Olyan, 40, a lawyer, said the rolling blackouts that the government had resorted to recently as electricity demand surged were a “catastrophe.” His father needs an oxygen tank to breathe — and the tank needs electricity to operate, he said. So now he makes sure he has a spare machine charged and ready.

    “Since when does a country like Kuwait have electricity cuts?” he asked.

    Coming to a neighborhood where you live ….as Gail has repeatedly pointed out keeping the electricity on will be a great challenge everywhere….
    Bye, bye, AI, cryptocurrency, worldwide web, smartphones, and My MTV

    • Yet the powers that be like to claim that electricity is the energy source of the future. We will use it for everything.

      Even where there are plenty of fossil fuels, it is in short supply.

      Kuwait consumes a lot of energy per capita. Presumably, they do not have the built infrastructure to produce the needed electricity for the number of people living there.

      • Ed says:

        Maybe the dictator of Kuwait prefers to send money to his Swiss bank rather than spend it on services for the people.

    • I AM THE MOB says:

      This is what that one scientist predicted. He died a while back.

      Olduvai theory or something. (sorry, watching football don’t have time to look up)

      He said before he died to google search for “Blackouts and brownouts” and you will see stories from around the world as it goes dark. He said when he presented his theory other scientists called it “Unthinkable”.

      He argued we would go back to the stone ages if the power grids went down.

      Scary sh%%

  36. Sam says:

    https://alaskapublic.org/2024/05/23/shell-abandons-north-slope-oil-leases-raising-questions-about-the-industrys-future-in-alaska/#:~:text=The%20drilling%20ultimately%20cost%20the,exploration%20leases%20in%20the%20region.

    Shell was allowed to drill in Alaska under Obummer and found nothing. Nada and spent billions of dollars. Why are the American people so stupid about oil? I try to encourage people to research it but instead they can’t be bothered. The information is easily available they don’t even have to read!

    • There has already been a lot of exploration in Alaska.

      In fact, most US areas that haven’t been drilled are areas without a high probability to of finding much oil. We don’t lose a lot by not drilling.

  37. I AM THE MOB says:

    Look what’s happening in Africa! (white coffins + white hazmat suits)

    https://x.com/MattWallace888/status/1832662843168043367

  38. Chris says:

    Went through two articles lamenting “disdain for the less educated is the last acceptable prejudice” (it really isn’t though) and instead of questioning the wisdom of trying to make everyone go to college, the articles ended up praising the out comes of credentialism. When I saw the claim that people who had college degrees had ” more leisure time” as some intangible social benefit to society then I knew it was outright propaganda. Educated people work longer hours at more demanding jobs and the uptick they have in leisure time can be explained by the simple fact that they have little to no children . Educated people run faster on the hamster wheel. There is no way they have more leisure time than the presumably less educated people who watch daytime tv.

    • When various workers have come to our home to fix things (such as replace a furnace that doesn’t work or put in a sidewalk), I am amazed at the long hours they put in. They often need to work “while the sun shines.” Perhaps they have unscheduled free time, but they often do an amazing amount of work when they are working.

      • Dennis L. says:

        They make “stuff”, it is a skill set.

        Same idea as a dance teacher, if you are not on the floor, you are not making money. No operational leverage for the individual worker.

        Dennis L.

      • drb753 says:

        Overhead work is a major reason for that. They do not want to make two trips, and it takes a certain amount of mental energy to concentrate on a particular job.

    • ni67 says:

      women’s education is population control measure. same with degree inflation.

      anything on liberal site or mainstream is anti-natalist, pro-subsistence

      using your body is seen as low status. you are breaking down your body more and stressing it more.

  39. postkey says:

    “31:31 . . . based on reality where literally Reagan is sitting at the at the situation room and they open up the briefcase and he’s
    31:38 looking at the cards to call out the codes to launch the weapons he’s being told you have to launch now the missiles
    31:43 are incoming you have to launch now Mr President the chairman of the Joint Chiefs of Staff is saying National
    31:49 Security adviser Secretary of State launch now or we all die and he held off
    31:54 until the phone call came in and said oh it was a flock of Geese the radar misidentified
    32:00 it okay that’s the world we live in now we are leaning forward looking for any
    32:07 opportunity to launch because that’s what the military does . . . “?

  40. postkey says:

    “ Netanyahu was bragging about how Israel is now going
    9:06 to be working with Saudi Arabia United Arab Emirates India uh link Jordan
    9:12 linking up going into Greece and Europe and the role that Israel was going to play this was his strategic ambition and
    9:19 he wasn’t going to let anything knock him off he believed that he had bought off Hamas that he had opened up the
    9:26 borders and allowed thousands of Palestinians to come out of and get work permits uh in Israel and that the
    9:32 economic incentives that were accured from this were such that all the intelligence that he was receiving about
    9:38 Hamas preparations he said that’s just Hamas doing political things to keep their people satisfied but Hamas will
    9:44 never do anything to disrupt this wonderful situation we’ve created for them which by the way if it manifests
    9:51 itself means there will never be a Palestinian State now we know why Hamas carried out October 7th they had to
    9:58 reverse this and they been very successful in doing this I think Netanyahu together with his senior
    10:03 leadership allowed themselves to be misled by their own focus on their this
    10:10 ambitious program um and and instead of doing what they should have done was just sit back and take a long hard look
    10:16 at what this was doing at a minimum they had a chance on the night of October 6th
    10:21 to sound an alert to say let’s call out the reserves let’s get everybody up
    10:27 let’s get everybody standing to on the on the border with Gaza let’s get everybody ready because we have
    10:32 information that says they’re going to attack soon but instead when they met Netanyahu wasn’t even brought into this
    10:38 meeting the Chiefs uh intelligence Chief they said we’ll reconvene in the morning
    10:43 but by the time morning came it was too late um so I think this is incompetence I think this is arrogance uh but as much
    10:50 as I dislike netan and you have to understand there’s a visceral hatred of me that goes back to the role he played
    10:55 in the assassination of yak Rabin in 1996 um I don’t like this guy I
    11:00 disrespect this guy I despise this guy but I’m not going to sit there and say that he deliberately allowed this to
    11:07 happen for some grand plan even in netanyahu’s sick mind I can’t see him going there yet who knows what the
    11:13 future will show in terms of information but but you do know that his Ardent goal
    11:19 and a task towards which he seems to labor every day is to get the United
    11:24 States in a war with Iran . . . “?

    • Student says:

      The situation in Palestine / Israel can be recapped in few sentences.

      In 1948, after the terrible Holocaust suffered by Jews in Europe, this ethnicity obtained – with the use of force and modification of international laws – a big portion of the territory called Palestine, for the exclusive use of their own ethnicity.

      That territory was under their property some thousands of years before with the presence of their Kingdom, but it was also of other populations before (see for instance Canaan population) and of other populations after the fall of their Kingdom (see for instance Mamluks Kingdom).

      Few Jews have been going on living there also after the fall of their Kingdom, this group is called Mizrhai Jews (that is Jews living in Middleast), but the main part of Jews arrived after 1948 from various parts of the world (see the group of Sephardic Jews from Spain and Italy, or the group of Ashkenazi from Central Eastern Europe).

      In that territory called Palestine unfortunately also other populations were living there in 1948 (see for instance Arab Muslims, Arab Christians, Armenians, Turks), but they have been progressively driven away or killed.

      These actions, with alternation of the use of the violence from the above different groups, are still on going.

      The ethnicity composed by Jews is clearly the match, winning also thanks to the help of foreign Countries.

      The other ethnicities are being clearly crushed.

      Palestine could have been a territory composed by different ethnicities living in peace under a sort of democracy, like US, but, on the contrary, it is ending like a country composed by a single ethnicity with democracy only for that specific ethnicity and not for the others, very similar to what was Germany during the 30s of the previous century.

      • Also, population has been growing rapidly, for both Palestine and Israel. Birth rates are high for both Palestine and Israel. There are way too many people for the territory. The area is deficient in water and in fuel. There is the standard “not enough to go around problem.”

        • Dennis L. says:

          See my post on Manifest Destiny, there never was a shortage of space; even the original inhabitants seem to have been warlike.

          My guess, the neighboring tribe had better women, it is always a woman.

          Soon the deer on my farm will be having arguments on does.

          Dennis L.

          • yup

            the resource most worth fighting over.

            especially if its a catfight, the other way round.

            • hkeithhenson says:

              Chimpanzees and bonobos

              We have a possibly related example of war parties: chimpanzees make war on neighboring groups. When they do, all the males form a group and attack at once. They also perform territorial boundary patrols where they go in groups and kill any lone members they encounter from neighboring groups. Accounting for this behavior evolution is not difficult. Territorial defense against resources is common. The “War mode” in chimpanzees seems to be on all the time. It seems to never be on in bonobos. Bonobo groups who meet party rather than fight.

              If something such as the genetic selection model (above) for humans applies, then chimpanzees have experienced recurring resource limits, where it was worth fighting neighboring groups for territory and bonobos have not. That is, they are under different selection pressures, which results in different psychological traits. This means that something has kept the bonobo population below the ability of the environment to feed them. Ebola or some other diseases are candidates for maintaining population stability. Ebola potentially works because a high population density tends to spread it well. However, evidence such has made this unlikely. Ebola epidemics have swept chimpanzee areas and killed both them and the western lowland gorilla but are not known (thus far) in bonobo areas. However, a strong hint comes from this article: “Effects of Epidemic Diseases on the Distribution of Bonobos” (5).
              since behavior evolves similar to that of physical traits. Logically,
              something, besides intergroup wars, keeps the bonobo population within its ecological limits. It seems likely that with population growth, bonobos spread to unsuited areas and die from trypanosomiasis.

      • Dennis L. says:

        Could you recall the Pilgrims and Manifest Destiny for me?

        Perhaps it is human destiny to be this way. Not arguing any moral ideas, observing history.

        We are at base biology and there is no economics without biology although there is thermodynamics. We humans have added religions to minimize in part the internecine killing.

        Dennis L.

      • drb753 says:

        There was no such thing as a terrible holoqaust of course. and the invaders of Palestine were 90%+ Askhe-n-azi. The Mixrahi were there but did not really participate in e. cleansing. IIRC to this day there has been one Sephardic Prime minister and no Mizrahi PMs. The dominant group in the invasion, of course, never lived there.

        • Ed says:

          Yes, exactly.

        • student says:

          So, what is your explanation of the holocaust?
          Please elaborate it more, possibly with links too.
          Thank you.

          • drb753 says:

            sorry, I am about to take a train trip and I have only 2 hrs to dine and pack up. Writings by Carlo Mattogno and Robert Faurisson, but mostly energy considerations, led me to believe that that thing you mention was in fact a psyop. Energy considerations matter a lot. There is no chance of cremating such large numbers of people without using large amounts of energy that they did not have.

            Many discrepancies such as tiny facilities processing millions of bodies in a very short time. Also the lack of any mention of the thing you mention in Churchill’s, De Gaulle’s, and Eisenhower autobiographies. You would guess that they would use it to make themselves look better.

            • Student says:

              So, you meant those places were ‘just’ concentration camps where Germans put Roma, Jews and other ethnicities or people not welcome ?
              But, if so, there is still the matter of organizing concentration camps, which of course is not something good.
              So Germans cremated ‘only’ people who died.
              Or do you say that also concentration camps were less that they say?

              And of course, in order to avoid misunderstanding for those who read the above, nobody is saying here that concentration camps are good, in any case or for any reason.

              Waiting kind reply from drb753

            • drb753 says:

              work camps. This is in itself a great insult, as the Talmud states clearly that gentiles are livestock in human form, placed on Earth to serve them. Understand that it was an abomination that can only deeply offend the true believer.

        • Student says:

          Question to drb753
          Thanks

  41. raviuppal4 says:

    Car sales plummet in Germany, Volkswagen says drop is equivalent to two factories .
    https://archive.md/cXiS1#selection-2209.0-2209.81
    The figures for passenger car sales in Germany for the month of August were released today , which has come as a shock to the country. Registrations fell by 27.8% to 197,322 units , according to information provided by the Federal Office for Motor Vehicles (KBA) on Wednesday.
    The drop is particularly significant for electric models , with registrations down 69% to 27,033 units , three times less than in August 2023, when electric cars accounted for 31.7% of sales with a total of 86,673 deliveries . A year later, only 13.7% of new cars registered in August are pure electric and the figure for the year to date is barely over 12% .

  42. MikeJones says:

    How Bizarre…
    https://m.youtube.com/watch?v=C2cMG33mWVY

    US National Debt Explodes by $684,322,497,000 in Three Months As Fitch Warns America Has Failed To Fix Growing Debt Burden
    US National Debt Explodes by $684,322,497,000 in Three Months As Fitch Warns America Has Failed To Fix Growing Debt Burden
    The US national debt has ballooned by over half a trillion dollars in just three months.

    According to the U.S. Treasury, America’s national debt jumped from $34,635,364,143,328 on June 3rd to $35,319,686,640,609 on September 3rd – a surge of $684,322,497,000.
    …The US credit rating giant Fitch continues to sound the alarm on the growing debt and deficit.
    The ratings are constrained by high fiscal deficits, a substantial interest burden and high government debt, all of which are more than double the ‘AA’ rating medians…

    The government has failed to meaningfully tackle large fiscal deficits, the growing debt burden and looming increases in spending associated with an aging population.”

    The rating giant notes that the US has a significant edge over other nations due to the dollar’s status as the world’s reserve currency. But trust in the US and the dollar may erode if the country continues to rely on debt to fund expenses.

    “However, persistent rises in the public debt burden would increase vulnerability to economic and confidence shocks.”
    From the Daily HODL

    • Sam says:

      Someone mentioned on here about the rule of exponentials even if we don’t do anything we are in trouble. If Trump wins and wins the Senate we are in real danger. He added 8 trillion to the debt and then said he made the economy great! I’m not advocating for Harris either I just think without congress she could spend less. Another stupid meme I am hearing is drill baby drill?! The U.S is already flooding the markets with their nail polish oil…. Don’t know how the republicans got taken over with dumb white trash sales pitch. I would still prefer them in the end but I cringe at their stupidity.

    • As I see the problem, we need to keep the debt bubble growing if there is any hope of keeping food prices high enough for farmers, and oil prices high enough for producers. Also, the debt bubble allows employment. Without enough employment, there would be a huge number of loan defaults. Banks would fail.

      Neither party can move very far away from a growing debt bubble.

      • Maybe, kind of like “catastrophe theory” in math — stretching a rubber band, nice smooth function — but, when the rubber band breaks, a quite different situation.

  43. ivanislav says:

    This RT article lends credence to the recent reports that Chinese banks were in fact en masse cutting off transactions with Russia.

    https://www.rt.com/business/603586-russia-china-us-sanctions-payments/

    I don’t think that would happen in such a coordinated manner without approval or even a push from higher up in the Chinese system. Even though workarounds have been found, it seems pretty damning in for the relationship between China and Russia – more frenemies than friends, perhaps.

    • It sounds like this may be a temporary situation, that will be worked around, like many other sanction-related issues.

      Furthermore, some Western commentators are pointing out with glee that for all the rhetoric of the “friendship without limits” between Moscow and Beijing, when forced to choose between doing business with Russia and retaining access to the Western financial system, China is choosing the latter. But those celebrating China ostensibly coming to heel over the sanctions don’t want to acknowledge that it is a choice made under duress. China would prefer to trade freely with both the West and Russia and deeply resents being hindered in doing so. Chinese officials have stated as much on numerous occasions. The US is behaving like a jealous lover who has locked the object of his affection in the basement and then claims that her not fleeing is a sign of devotion.

      That Western commentators and officials can only see the Russia-China relationship through the lens of power dynamics – looking for signs that China could be abusing its ‘junior’ partner – says more about the Western fixation on one-sided relationships than about the true state of things. China is a sovereign nation that is naturally looking out for its interests, and Russia expects nothing less of it. There are no hard feelings. As cliché as it sounds, it really is a relationship defined by mutual respect for sovereignty. In the current situation, Beijing has to act pragmatically, but the erosion of goodwill toward the US this episode is producing in Beijing will find its outlet.

      Apparently, the use of crypto currency is being investigated as a work around. Actual trade between the two countries is reported to be higher.

  44. Ed says:

    The US is on the third mass shooting in the past two(?) weeks.

    • MikeJones says:

      We just need mandatory therapy sessions, appointed life coaches,
      along with AI monitor brain scans of all individuals. This should be the next stage of advancement for civilization

      • Dennis L. says:

        My guess is we need strong, religions with weekly services and ceremonies, preferably in a foreign language such as Latin.

        Weinstein has a podcast with comments on this.

        Once a week, forget the problems of the world, all the injustices and be reverent.

        Dennis L.

    • Lastcall says:

      https://www.midwesterndoctor.com/p/the-evidence-ssri-antidepressants

      Most holistic doctors consider Selective Serotonin Reuptake Inhibitors (SSRI) anti-depressants to be one of most harmful mass-prescribed drugs on the market (it typically makes their top 5—which typically also includes the NSAIDs, Statins, and Acid Reflux PPIs). However unlike the other drugs, which are just unsafe and ineffective, SSRIs also have a fairly unique problem—they can kill people who are not even taking the drugs.

      • Lastcall says:

        Same old denial, obfuscation, ummm …money;

        ‘Big Pharma,working hand in hand with the FDA fought tooth and nail for decades to prevent a warning from ever being added to the SSRIs. I believe this is in part due to how much money is made off of these drugs (presently SSRIs make over 17 billion dollars per year). ‘

      • This article is saying that SSRIs are the cause of a lot of the mass shootings we see.

        I think that a big issue is the doctors have been handing out SSRIs, even to children, for a very long time, perhaps 35 years. If children had been eating a better diet, with less over processed food, they would have been acting and feeling better. They also need outdoor exercise. This is something else that has been neglected. And now parents are often drug addicts, too.

        • Dennis L. says:

          ” If children had been eating a better diet, with less over processed food, they would have been acting and feeling better.” YES
          “They also need outdoor exercise.” YES

          And mom needs to cook meals from real food, Campbell has a podcast on processed foods.

          Corollary, “The hand that rocks the cradle rules the world.”

          Weinstein again: claims the universities are full of mediocre scholars, bum ideas which do not work.

          Dennis L.

    • Nope.avi says:

      Clearly, these are the effects of vaccine hesitancy and climate denial.

    • I AM THE MOB says:

      “School shootings are just a fact of life” -J.D. Vance

      https://apnews.com/article/jd-vance-georgia-shooting-7d7727a1aff8491f66914a4d8a14cd8c

  45. Mike Jones says:

    My Fuehur, I can WALK

    David Brooks

    The Junkification of American Life

    https://www.nytimes.com/2024/09/05/opinion/entertainment-junk-psychology.html

    The result is we’re now in a culture in which we want worse things — the cheap hit over the long flourishing. You reach for immediate gratification, but it fails to satisfy. It just puts you on a hamster wheel of looking for the next mild stimulus and pretty soon you’re in the land of addiction and junk food, you just keep scrolling, you just keep snacking. As the psychiatrist Anna Lembke writes in her book “Dopamine Nation,” “The paradox is that hedonism, the pursuit of pleasure for its own sake, leads to anhedonia, which is the inability to enjoy.”

    Big companies don’t care. They have become sensational at arousing and manipulating our cravings. Their goal is to keep us consuming. By offering constant temptation, they appeal straight to our dopamine circuits and threaten to circumvent our capacity for self-control. In their book “The Molecule of More,” Daniel Z. Lieberman and Michael E. Long write, “The sensation of wanting is not a choice you make. It is a reaction to the things you encounter.” The cookie, cat video or margarita is right there in front of you, whispering, “Consume me!” You can’t resist.

    Modern life makes us vulnerable to these seducers. People live overwhelmed lives, exhausted, anxious. Willpower is drained. Big Gulps and trashy TV at least provide a break. But afterward, there come the recriminations: Why did I do that? So millions turn to therapists, dietitians, trainers, 12-step programs, lifestyle experts and authors of books on habit formation in order to regain control over their desires.

    Can’t wait for us all to revert back to Kulmmie Age of harsh treatment by the upper crust

    • ant52 says:

      millions of youtubers ask.. why can’t we just feed the millions of people??? aren’t they so weak and helpless, we can improve iq that way! they are starving.

      people like these in my view should be shot as kulm says.

      the reason they are poor, weak and helpless is because they are low iq and have low executive control and inhibition, plus one is always bombing them for resources or handing out defaulted loans to get their resources anyways. feeding more mouths just creates more mouths, not all mouths are equal. netflixxino 350lb mouth and mud hut mouthes are not valuable.

      • I think that the issue is that there is fundamentally not enough goods to go around, even though this is hard to see. We rationalize by thinking that we are better than others because of better executive control and inhibition and higher IQ. Ecosystems are built on “Survival of the Best Adapted.” We don’t necessarily understand who is the best adapted.

        • nope.avi says:

          ” We don’t necessarily understand who is the best adapted.”

          The problem with eugenics was that its advocates thought that eggheads were the fittest kind of human.

          The biases of people seem to heavily influence what people think the best adapted is. Some people prefer tall people, short, people, etc.

          If you think personal charm is the most adaptive trait you will be shocked in a an environment where the “ability to sell oneself” doesn’t lead to wealth (a surplus of food, fuel, etc). The reverse is also true, with people who think the modern civilization is the result of an honest’s day work.

          • ni67 says:

            traits are dynamical.
            one can rationalize all they want, but fact of matter is everyone wants to live in first world, not third world. tallness, shortness, charm alone is not a sufficient nor necessary condition to dissipate energy fastily.

            i have no idea if eggheads are the fittest human but i am sure if everyone were an egghead, they could forsee the future enough to not desire to feed everyone except egghead people and maybe egghead people would have a better chance of not overpopulating the earth. or maybe we would run out of resources to exploit anyways, who knows. but it is an infinitely better world than a non-egghead world at least with egghead values

        • Ed says:

          The four horse-persons will show us.

        • ni67 says:

          yes, but whom is it that can’t see the issue that there is fundamentally not enough to go around? in the 1950s, the elites have written books on overpopulation and attempting to establish a world government.

          and the issue is NOT there is not enough to go around
          the issue is

          a. humans are not willing to cull themselves for the greater good of mankind
          b. humans do not have the capacity to see the consequences of spawning new births

          if a and b were true, then how could one argue there is not fundamentally enough to go around, if one is NOT breeding and doing a mathematical calculation to determine at what rate those resources regenerate and using them in proportion to the population’s size?

          the reason that there is NOT enough to go around, is because the humans themselves decided to assume there WAS enough to go around, and could not forsee a future where there is NOT enough to go around and that is because it is very ABSTRACT to see the linkage between microbial cycles, energy and food. so in effect, a deficit of IQ is the primary cause of there is not fundamentally enough to go around… like a person with no money with sufficient IQ could see in first-order consequences they have no claims on resources, so they would NOT breed.

          Now I don’t really know if having high IQ could stall the future where we just use the resources because we couldn’t not go to the higher ergodic state of civilization and harness more energy, but there would likely be a better ending than everyone axing each other for the last piece of resource. but if there was NO possible future for humans to be able to exploit any other resources, then I concur with your idea that we are just rationalizing. But if there was any CONTINGENT possible world where people were ALL high iq and further resources could be extracted from alternate dimensions or whatever, then I disagree with your premise that the fundamental issue was there was not enough to go around, because there would be enough to go around, because humans would be self limiting and adaptive.

      • Nope.avi says:

        The reasons there are millions of starving people is due to PREVIOUS efforts to address starvation from over 50 years ago..

        Even now, a lot of research is going into food production so that we can, support even a larger human population than the one that currently exists..

        • we can support far more people than we have now—
          agreed

          problem is

          moving food from where it’s grown to where its needed

          and demanding payment for that food

          • Why do we need more people? That is the main question

            There is no need for more people.

            • Economies of scale; more complexity.

            • there is no ‘why’ involved

              people enjoy fornicating–as nature intends them to do.

              in the normal course of events, most of the results of that fornication are not meant to survive to re-fornicate.
              nature says i should have died years ago.–i didn’t.

              neither did my offspring.

              or theirs

              or theirs.

              unfortunately we have upset that balance temporarily.

              nature will rectify that balance sometime in the near future.

            • Nope.avi says:

              Civilization in every single area it arose was the result of more people, of massive human population growth.

              Negative population growth and low population density will not allow civilization to exist. Civilization is like a network made of humans, not machines.

              AI and robotics could change that fact but until they do, “moon colonies” and civilization without poor people will just be science fiction.

          • Nope.avi says:

            “we can support far more people than we have now—
            agreed”

            I never made that ridiculous claim.

            • er——close enough i think—

              Even now, a lot of research is going into food production so that we can, support even a larger human population than the one that currently exists..

    • The harsh treatment of the people by the upper class is the norm and that’s when civilization advanced.

      My method is the only way to continue civilization.

      • Nope.avi says:

        Why do the upper classes even need the people to continue civilization. Don’t they have the technological means to do everything by themselves right now?

        • hkeithhenson says:

          “Don’t they have the technological”

          No, absolutely not. Nowhere close. Post nanotechnology perhaps but for the foreseeable future the upper classes are utterly dependent on the worker bees.

  46. World Order under threat

    https://www.bbc.com/news/articles/cx2gz4re394o

    Nicholas von Salm, from Vielsalm, in what later became Belgium, saved Europe from the Turks in 1529, a fact not really remembered by anyone now.

    500 years the Hordes are knocking the door while a Tamil has a good shot of commanding the US forces. I don’t know whether to laugh or cry.

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