Oil shortages lead to hidden conflicts–even war

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Summary: We live in a conflict-filled world today. I believe that this is ultimately a “not-enough-to-go-around” problem. Hidden oil shortages are the problem. Strangely, at this stage in the economic cycle, oil shortages seem to appear as high interest rates rather than high prices. The “climate is our biggest problem” narrative gets told repeatedly because it makes cutting back on fossil fuels sound like a virtuous thing, rather than something we are being forced to do.

Introduction: When a major change occurs, such as moving to a new home, there are always a variety of explanations as to why the change took place. When explaining the change to someone else, we will almost always give a positive reason for the move, such as moving to be closer to relatives, access to better job opportunities, or to enjoy a better climate. We don’t talk more than necessary about negative issues such as being fired from a job, undergoing bankruptcy, or considering a divorce from one’s spouse.

With oil shortages and other energy problems (including the possibility of too much fossil fuels leading to climate change), the situation is in some ways similar. There is no simple answer as to why these problems are occurring. What we end up with is different groups seeing the current situation and its long-term resolution from different perspectives. Each group emphasizes the aspects of the problem that they see as most amenable to being solved. The different perspectives lead to conflicts among the groups.

We are living in a finite world. It is not clear that any perfect solutions are at hand. What is clear is that a finite world behaves very differently from what our intuition or the models created by economists suggests. In this post, I will try provide a partial explanation of what our energy dilemma entails, and how this leads to conflict, even war.

[1] World crude oil supply suddenly “turned a corner” about 1973. There was a huge change both in the price and growth rate of the oil supply.

Figure 1. Average annual Brent equivalent oil price, in 2023 US dollars, based on data of the 2024 Statistical Review of World Energy by the Energy Institute.

Prices were amazingly low prior to about 1973. The prices shown have been adjusted for inflation to the 2023 price level.

Once oil prices rose, the growth rate of oil consumption collapsed because goods and services made with oil were no longer as affordable. There was also an effort to cut back on oil consumption because it was clear that low-cost oil supply was limited.

Figure 2. Average annual increase in crude oil supply over 10-year periods, based on data from three sources: Appendix A of Vaclav Smil’s book, Energy Transitions: History, Requirements, Prospects, EIA data, and data from the 2024 Statistical Review of World Energy, published by the Energy Institute.

Increases in the supply of very cheap oil allowed many improvements to infrastructure. Electricity transmission lines, interstate highways, long distance oil and gas pipelines, and infrastructure supporting transport by air were all added. The economy became more productive. Figure 3 shows that the wages of even low-paid workers were able to rise.

Figure 3. Chart by Emmanuel Saez based on inflation-adjusted Social Security earnings.

Up until 1968, US wages for both the bottom 90% of workers and the top 10% of workers rose much faster than inflation. With this change, all kinds of goods and services became more affordable, including food, new homes, and new cars. In the period 1968 to 1981, the wages of both groups rose as fast as inflation. After 1981, growth of the wages of the top 10% far exceeded the inflation rate. Figure 3 shows data for the US, but the “Marshall Plan” helped spread economic growth to Europe, as well.

The rising oil prices in 1973 and 1974 brought the growth of oil consumption down to a much lower level. Without low-priced oil, inflation and recession became much more of a problem.

[2] Interest rate changes are being used to offset problems caused by too much or too little oil supply growth.

Figure 4. Chart produced by the Federal Reserve of St. Louis, showing 3-month and 10-year US Treasury yields through October 7, 2024.

Figure 4 shows that rising interest rates acted as brakes on the economy up until 1981. Figure 3 shows that this was a period when the purchasing-power of workers was rapidly expanding, indirectly because of the rising supply of cheap oil. The reason why these higher rates slowed the economy is because higher interest rates make it more expensive to finance high-cost purchases. These higher interest rates also tended to hold down price appreciation of assets such as homes and shares of stock because fewer buyers could afford them.

Lowering interest rates over the four decades beginning in 1981 acted in the opposite direction. These lower interest rates made major purchases more affordable, allowing more people to afford a given home or farm. This tended to raise home and farm prices. In the US, refinancing mortgages at lower interest rates and taking out some or all of the price appreciation on the property became popular, further adding to purchasing power. These changes acted to boost the economy, hiding the growing problems with high-cost oil supply.

[3] The world now seems to be hitting two limits at once: (a) Crude oil supply is not keeping up, and (b) Interest rates are stubbornly high.

Figure 5. World crude oil production through June 2023 based on data of the EIA, divided by UN 2024 world population estimates.

Figure 5 shows that world crude oil production (relative to population) was lower in June 2024 than for any month since June 2022. The June 2024 production level was much lower than in 2019, before the drop-off in oil production related to Covid-19 restrictions. A longer view strongly suggests that the peak in world oil production took place in 2019.

Based on the high prices experienced in the 1970s, many people today assume that inadequate oil supply will be signaled by high prices. Instead, what is happening now is more of an affordability problem. There are more young people with student loans who cannot afford cars or families. There are many people with college degrees working at jobs that do not require advanced education, and thus do not pay well. There are more immigrants earning low wages. Because of these factors, overall demand tends to stay too low to encourage the development of new, more marginally profitable, oil wells.

Interest rates shown in Figure 4 have risen sharply since 2020. Governments in many countries have raised debt levels, but this added debt has not resulted in a corresponding amount of goods and services being added. The problem is that the oil supply needed to produce these goods and services isn’t rising sufficiently. Instead, the added debt has tended to produce inflation.

Currently, politicians around the world want to add new programs (financed by debt) to help their economies out. If this new debt actually gets more oil out of the ground (through higher oil prices), it may be helpful. But, so far, the additional spending isn’t producing a corresponding amount of goods and services; instead, inflation is tending to stay rather high. This is a sign that limits on inexpensive-to-extract crude oil are being reached. With more inflation, interest rates on mortgages will remain stubbornly high, and economies will deteriorate.

Governments may want to reduce long-term interest rates, but they cannot do so without having the market for these loans disappear. In this part of the economic cycle, it appears that high interest rates, indirectly due to inadequate inexpensive-to-extract crude oil supplies, act as a brake on the economy instead of high oil prices. This confuses those who are expecting high oil prices to signal inadequate supply!

[4] Citizens are not being told about the shortage of low-cost crude oil. Instead, a climate change narrative is being emphasized.

In the 1970s, huge spikes in oil prices led to an immediate understanding that the world had an oil problem. But the fact that the economy has gone on since then, and oil prices are no longer up in the stratosphere, has led people to believe that the shortage problem has gone away. Adding to this belief is the fact that there seem to be substantial oil resources that can be extracted with current technology if the price is high enough.

With a different model, based on the amount of fossil fuels that might be available (if prices could rise high enough, for long enough), it is possible to conclude that if the world continues to extract fossil fuels as it has in the past, this will contribute to rising CO2 levels. This, in turn, could have an impact on the climate.

In my opinion, we are currently facing a serious shortage problem today, not only with crude oil, but also with coal. World coal consumption, relative to population, has turned down in the period since 2012.

Figure 6. World coal consumption per person, based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

The problem with coal seems to be similar to oil; there seems to be plenty of coal in the ground, but prices won’t rise high enough, for long enough, to allow extraction of the higher-cost coal.

Anyone looking at the situation, regardless of their perspective, would say, “We truly need something other than oil and coal to supplement our current energy supply.” The question becomes, “How can this issue be framed to be moderately acceptable to the public?” President Jimmy Carter, back in 1977, talked about the energy crisis and the need to use less oil, but he was not re-elected. Citizens didn’t like the idea of changing their lifestyles.

Somehow, the plan was developed to frame the problem as a climate change problem. This approach had multiple advantages:

(a) This approach would perhaps lead to finding some alternatives to oil and coal.

(b) Citizens would be able to feel virtuous, as they voluntarily endured higher prices and lower energy supplies, during the hoped-for transition.

(c) This approach would allow huge investment opportunities for businesses, including oil and gas companies. Higher profits would perhaps follow. Universities would also benefit.

(d) The economy would show higher GDP because of the growing debt used to finance the so-called renewables. Job opportunities would develop.

(e) Framing the conversation in terms of a climate change narrative instead of the crude oil shortage narrative conveniently leaves out the importance of very low energy prices for the affordability of finished goods. This narrative also leaves out the importance of an adequate total quantity of energy products to maintain GDP growth. Economists didn’t understand either of these issues.

(f) When the carbon emissions goals were announced in the Kyoto Protocol in 1997, the goals had the indirect effect of shifting industry from the US and Europe to China and other Asian countries. Because of the use of very inexpensive coal and low-cost labor, the shift would allow for the world production of manufactured goods to grow at very low cost. Businesses in the US and Europe could hopefully take advantage of this shift because US and European oil and coal supplies were becoming depleted, making it impossible to make this change without the assistance of coal supplies from China and elsewhere.

[5] The world economy is already facing a not-enough-to-go-around problem that plays out in many ways. These not-enough-to-go-around issues contribute to conflict.

(a) Exporters are not getting high enough prices for their exported oil. Revenue from oil is used both to support the development of new fields and to provide tax revenue for governments to provide services for their citizens. If oil prices were $100 to $150 per barrel, exporters would have the additional revenue needed to support their economies. This is a major reason why Russia and Middle Eastern countries are in turmoil.

We don’t think of low oil prices as a not-enough-to-go-around issue, but it is. Shortages of fossil fuels of any kind tend to slow the growth in the supply of finished goods and services that use those products. The part of the world economy left behind can be the producers of fossil fuels, even more than the consumers.

(b) Natural gas export prices have tended to be too low. Low pipeline natural gas prices to Europe were a major reason why Russia wanted to shift its natural gas exports toward China and other Asian countries, where prices might be higher. US natural gas producers are also unhappy about the low prices they get. The US would be happy to push Russia out as a natural gas exporter to Europe.

(c) The Advanced Economies have reduced industrialization because of depleting oil and coal supplies. They have substituted the sale of services.

The US first shifted away from industrialization in 1974, immediately after it discovered that its non-shale oil supply was declining, and the price of additional oil would need to be much higher. A further shift occurred after the 1997 Kyoto Protocol.

Figure 7. US industrial energy consumption per capita, divided among fossil fuels, biomass, and electricity, based on data from the US Energy Information Administration (EIA). (All energy types, including electricity, are measured by their capacity to generate heat. This is the approach used by the EIA, the IEA, and most researchers.)

At the same time, the industrial production of the “Other than Advanced Economies” (including China, Russia, and Iran) has soared. The industrial production of these economies now exceeds that of the Advanced Economies (including the US, most of Europe, Japan, Australia among others–defined as OECD members).

Figure 8. Industrial production in 2015 US$, for Advanced Economies (members of the Organization for Economic Development) and Other than Advanced Economies, based on World Bank Industrial Production (including construction) data.

What oil is available is increasingly consumed by the “Other than Advanced Economies.”

Figure 9. Percentage shares of the world consumption of gasoline, diesel, and jet fuel, based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

(d) Consumption of the main products of crude oil is being squeezed down by strange temporary economic downturns, especially in the Advanced Economies.

Advanced Economies seem to be adversely affected far more than less advanced economies, partly because industrialization is essential; services can more easily be eliminated.

Figure 10. Total world consumption of gasoline, diesel, and jet fuel divided between Advanced Economies and Other than Advanced Economies based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

(e) Poor people of the world are especially affected by the not-enough-to-go-around phenomenon, while wealthy individuals and corporations amass more wealth and power.

This is a physics issue that plays out in many ways. Young people, in particular, find it difficult to make adequate wages to afford a home and family. Even young people who obtain higher education find it difficult to succeed.

Major foundations, such as the Bill and Melinda Gates Foundation, gain power over what would appear to be independent organizations, such as the World Health Organization, by making huge donations. Regulators of many kinds become tied to the groups they regulate, making decisions that favor the companies that they are supposed to be regulating over the welfare of the individual citizens that they are supposed to be protecting.

In the current situation, the general public feels increasingly powerless, and many feel the urge to take matters into their own hands. All these things add to the conflict situation.

[6] The United States has been the leading world power, but its ability to defend other countries militarily is rapidly eroding.

While Ukraine, Israel, Taiwan, and members of the EU would like to think that the US can adequately defend their interests militarily, this ability is rapidly eroding. Today, nearly every type of manufacturing in the US requires supply lines from around the world. It is difficult to supply needed military aid to countries overseas, without placing an order for supplies from a country that the US is increasingly in conflict with.

Even the supply of electrical transformers to replace damaged ones in war zones raises a question of whether a sufficient supply can be assured to meet the demand for replacements for storm-damaged transformers in the US. Long lead times are often required to obtain transformers in the US, even in the absence of any additional demand for them.

The US tends to use sanctions to try to get other countries to do as it prefers. This approach doesn’t work well because sanctioned countries learn to work around the sanctions. Increasingly, in the BRICS countries, steps are being taken to move away from the US dollar as the standard for trade.

As long as the US is the accepted world leader, other countries that are involved in conflicts (which are indirectly about energy supply) will try to draw the US in to support them. Ukraine has been having energy problems for a very long time.

Figure 11. Energy consumption per person in Ukraine, based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

The EU, the UK, and Israel all seem to want war, and they would like the US to help them.

Figure 12. Oil consumption per capita for the EU, the UK, and Israel, based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

In 2023, US per-capita oil consumption is more than double that of the EU, UK, and Israel at the same date. The US’s total energy consumption per-capita is more than four times that of Ukraine. These countries assume that the US can provide the weapons and other assistance they need. But the countries they are fighting against know that the US is dependent upon supply lines that extend around the world. Actually, the US’s ability to provide help is quite limited. This adds other areas of conflict.

[7] The shift to wind and solar electricity is not working out as planned.

While the US has added wind and solar capacity, it has not added to the per-capita electricity supply. It is too expensive when all the costs are considered, and it is often not available when needed.

Figure 13. Historical US electricity generation per person, with and without wind and solar electricity, based on data of the US EIA.

Communities are figuring out that if they really want a larger electricity supply (to support electric vehicle use or growing artificial intelligence demands), they need to add something other than wind and solar. In the US, this usually means added natural gas electricity generation. There are also at least two plans to reactivate closed nuclear plants in the US.

The EU has not had any better success at ramping up per-capita electricity generation using wind and solar (Figure 14).

Figure 14. EU electricity generation per person, based on data of the 2024 Statistical Review of World Energy, published by the Energy Institute.

A glance at Figure 7 (above) suggests that industrialization doesn’t really come from an expanded electricity supply. Inexpensive fossil fuels seem to be the base of industrialization, and the world is increasingly short of these.

While approaches for moving away from fossil fuels, other than wind and solar, are being tried, success at an adequate scale seems to be far away.

[8] It is hard to tell the rest of the story in detail.

We live in a finite world. All parts of the economy operate in cycles. In fact, individual people, individual businesses, and individual governments all have finite lifespans. We now seem to be coming to the end of an economic cycle. We don’t know precisely how this will end. We do know, based on history, that the downward part of the cycle will likely take years to resolve.

We as individuals are hard-wired to prefer “happily ever after” endings to our narratives. This is why people who believe that we are running short of fossil fuels tend to believe that if we just try a little harder, we can extract more oil, natural gas, and coal. There must be enough resources in the ground if we focus our efforts in that direction.

On the other hand, people who believe that climate change is our biggest problem seem to think that we can transition to using a modest amount of renewable energy instead. Unfortunately, the physics of the situation doesn’t allow things to play out that way. Also, our so-called renewables are built on a base of oil and coal. If we can’t get enough oil and coal out, already built renewables will stop functioning within a few years, and new ones will be impossible to build.

Nearly everyone who does modeling assumes that the future will be very similar to the past. Analysts assume that the economy can continue to grow forever. They assume that it is possible to pull larger and larger amounts of resources from the ground. It is easy to assume that leaders will look out for the best interests of all their constituents, and that businesses will act ethically. But we have already begun to see evidence that these assumptions don’t necessarily hold. The fact that some people can see that changes are coming, while others cannot, is part of the reason for the current conflict.

A major problem that the world faces is the fact that while governments can print more money, they can’t print more resources. Thus, broken supply lines are likely to become more common. Wars may need to be fought in new ways–for example, taking down other another country’s internet or electrical grid. Pensions will likely need to be cut back greatly, or they may ultimately disappear completely.

We don’t know how this all will end, but a great deal of conflict of one kind or another seems very likely in the next few years.

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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1,561 Responses to Oil shortages lead to hidden conflicts–even war

    • This is a very long document. The plan is for much more than a common payment system. It also outlines many ways that the poorer nations can cooperate and can be treated more equitably.

      Changes related to the banking and financial system (in general) seem to be in parts 62 to 68. No single solution is laid out.

      • Rodster says:

        Their plan is what economist Martin Armstrong describes as lasting peace. He likes to say, peace is only achieved when everyone benefits, i.e. you are not going to war with someone you do business with.

        • drb753 says:

          Armstrong is a fool. Peace in times of declining resources is not possible. Granted the nation which initiated 80% of conflicts in the last 80 years is going away. China thrived for millennia waging war one order of magnitude less. I know both Chinese and Russians who say this alliance with one another will not last. I tend to concur. It should be said that central asians and Mongols generally prefer Russia. The Russia Iran alliance has more legs IMHO. As luck may have it, the last time they were serious allies they kicked out the Khazars from the region (896) starting a whole lot of trouble for the rest of the world.

      • Hubbs says:

        The global standard of living, i.e., world economies will first have to decline to a level where SWIFT no longer offers an advantage. I think it will be a slow slog until then, unless a global false flag event, nuclear war etc.

    • This is what Zerohedge has to say about the conference:
      https://www.zerohedge.com/economics/brics-summit-puts-focus-dethroning-us-dollar-putin-unveils-brics-banknote

      BRICS Summit Puts Focus On Dethroning US Dollar As Putin Unveils ‘BRICS Banknote’

      Vladimir Putin avidly discussed the potential of a new BRICS currency system during the trade coalition’s summit this week in Kazan, Russia. He knows that the dollar’s reserve status is America’s strength, but also America’s greatest weakness.

      Putin unveiled a “symbolic” BRICS bank note at the summit, suggesting that the plan to dump the dollar may be much closer to fruition than many economists expect.

      Another central topic of the conference was the development of an alternative to the SWIFT payment system controlled by the US and Europe. The SWIFT system is the most efficient mechanism for governments and international banks to transfer large sums of money from one country to another. Russia was banned from using SWIFT after their invasion of Ukraine which many western analysts claimed would destroy Russia’s economy. This did not happen.

      • Dennis L. says:

        If a universal US dollar did not make money for the issuer, there would be no issues. World has learned the game, the rules are not favorable to them, they have resources, they are valuing them.

        If you are a farmer, establishment of a grain exchange outside of the US is probably not favorable. If you are Cargill this is not a trivial matter. Currently prices are set on US exchanges, Cargill has extensive knowledge on world grain transactions. It appears that information is being moved out of US control, knowledge is power, or knowledge is energy. Who’d of thunk?

        Back to TM, we have political narratives which are easy to sell but do not match reality. The world has had an information revolution, it is the internet and its derivatives. Swift was once high technology, now, it is more or less trivial; value added has decreased.

        We US citizens are going to need to adapt. Thought. If the narrative is no longer useful, what is the valued added of politics?

        Watching Cleopatra, what a movie, very relevant to today and sex is there. It is always a woman.

        Dennis L.

        • Agreed.

          By the way, this is a direct link to the Tim Morgan post you referred to yesterday.
          https://surplusenergyeconomics.wordpress.com/2024/10/15/291-the-coming-shock/

          This is another excerpt:

          The short answer is that this “authorised version” cannot be delivered, that the economy is destined to shrink rather than grow, and that a severe correction must take place in a financial system predicated on the contrary assumption.

          The central plank of this “authorized version” is fundamentally flawed, because, whilst climate change is a very real menace, a transition from fossil fuels to renewables will result in a smaller economy.

          The characteristics (and especially the energy-densities) of renewables are inferior to those of oil, natural gas and coal. Transition to lesser-density energy inputs truncates the productive-dissipative process, resulting in reduced economic output.

          One misperception here is that we have some kind of “free choice” between the “progressive” adoption of renewables and some kind of “Luddite” insistence on the continued primacy of carbon energy.

          In reality, no such choice exists. Renewables are indeed the future, but it’s a poorer future, not a more prosperous one.

          • raviuppal4 says:

            The BRICS summit was a nothing burger . It gave no alternatives to the current financial , economic structures in place . Heck even Putin says ” we don’t want to replace the dollar ” . All air , no punch . Good optics just like the Musk rocket recapture .

            • ivanislav says:

              Indeed, so it seems. We’ll see over time. In my view, they shouldn’t talk about it and make announcements, they should develop and roll out a new financial system and technologies silently. Instead they’ve talked about it for more than a decade.

            • drb753 says:

              I also concur. But (this is my opinion) they will probably roll it out bilaterally, then trilaterally, and probably announce it one year after 20 nations use it. It is possible that they are waiting for, say, the russian Linux version (Aster Linux), and replace all the bank servers with Huawei, so they are not spied on.

          • JesseJames says:

            “In reality, no such choice exists. Renewables are indeed the future, but it’s a poorer future, ”
            This is rubbish. There is no future with renewables. Renewables will disappear completely within 20 yrs after FF are gone.

        • Just two things

          1 If the Brics currency goes anywhere bye bye to your favorite projects

          2 Cleopatra was much more capable than Gopalan.

    • houtskool says:

      A summary could be; ‘people switch from the monetary plane to the physical plane’. Of course, the West is in the know. Our ‘Fog of Fiat’ is failing, and it is time for regime change. A few wars, a few elections, itty bitty titty inflation, ehhh, sorry, your pension is gone.

  1. Ed says:

    Norman, it is alive!

    • drb753 says:

      Don’t give him such emotions at his age. But I understand him. She is such a beautiful, magnetic woman.

  2. Ed says:

    https://breakingdefense.com/2024/10/clear-guardrails-mean-faster-progress-on-ai-biden-signs-sweeping-guidance-for-dod-ic/

    Networks & Digital Warfare, Pentagon

    Clear guardrails mean faster progress on AI: Biden signs sweeping guidance for DoD & IC

    In the tech race with China, White House National Security Advisor Jake Sullivan argued, American ethics aren’t a hindrance: “It’s a little bit counterintuitive, [but] ensuring security and trustworthiness will actually enable us to move faster, not slow us down.”

    • From the article:

      The essence of the administration’s argument is that government bureaucrats will move slowly and cautiously to adopt AI as long as they’re uncertain about what’s permissible and what’s prohibited, what’s safe to try and what’s too dangerous. Only by establishing comprehensive guidelines, rigorous testing and strict prohibitions on unacceptable uses of AI — notably, that humans, not algorithms, must make the decision whether or not to launch nuclear weapons — can the US government empower its agencies to experiment boldly and advance rapidly within those clearly defined guardrails.

      But there are fuzzy areas, I am sure. What happens when leaders are in the hospital, with surgery, for example? We ran into this situation before.

  3. I AM THE MOB says:

    Starmer suggests landlords and shareholders are not ‘working people’

    “Landlords and shareholders face being hit with tax rises at next week’s budget after Sir Keir Starmer suggested they are not “working people”.

    The Prime Minister said those who earn extra income from property and investments are not covered by Labour’s manifesto pledge to protect “working people” from paying more.

    His remarks, made on the sidelines of the Commonwealth Heads of Government Meeting in Samoa, will heighten fears that he and Rachel Reeves, the Chancellor, are set to come after Britons with assets in Labour’s first budget next Wednesday.

    Labour’s manifesto ruled out putting up rates of income tax, employee National Insurance or VAT and said that “working people” would not pay more tax.
    https://www.telegraph.co.uk/politics/2024/10/24/landlords-and-shareholders-face-tax-hikes-starmer-working/

    • Somehow, especially since 1981, owners of capital assets have disproportionately gained, while workers have fallen behind.

      I can understand a desire to tax this wealth. Unfortunately, it exists mostly as digits on bank accounts. It will evaporate a people try to spend the money. The finished goods that the inflated asset prices are supposed to buy are not really there.

    • Tim Groves says:

      One might think the following is an example of contemporary wokist “smash the patriarchy” ideology, but it is apparently a genuine quote from Mao Tse Tung dating to 1927. Starmer is probably taking a few leaves out of Mao’s Little Red Book.

      A man in China is usually subjected to the domination of three systems of authority [political authority, family authority and religious authority]…. As for women, in addition to being dominated by these three systems of authority, they are also dominated by the men (the authority of the husband). These four authorities – political, family, religious and masculine – are the embodiment of the whole feudal-patriarchal ideology and system, and are the four thick ropes binding the Chinese people, particularly the peasants.

      How the peasants have overthrown the political authority of the landlords in the countryside has been described above. The political authority of the landlords is the backbone of all the other systems of authority. With that overturned the family authority, the religious authority and the authority of the husband all begin to totter…. As to the authority of the husband, this has always been weaker among the poor peasants because, out of economic necessity, their womenfolk have to do more manual labour than the women of the richer classes and therefore have more say and greater power of decision in family matters. With the increasing bankruptcy of the rural economy in recent years, the basis for men’s domination over women has already been undermined. With the rise of the peasant movement, the women in many places have now begun to organize rural women’s associations; the opportunity has come for them to lift up their heads, and the authority of the husband is getting shakier every day. In a word, the whole feudal-patriarchal ideology and system is tottering with the growth of the peasants’ power.

      “Report on an Investigation of the Peasant Movement in Hunan” (March 1927), Selected Works, Vol. I, pp. 44-46.* (My bold)

  4. Ed says:

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

    The U.S. starts to militarize A.I.

    https://www.whitehouse.gov/briefing-room/press-briefings/2024/10/24/background-press-call-on-the-u-s-approach-to-harnessing-the-power-of-ai-for-u-s-national-security/

    “And in the case of Maven, AI targeting is already being used to support battlefield firing in the Middle East by the U.S.”

  5. MikeJones says:

    Farmers sound the alarm for our global food supply as staple crop becomes increasingly difficult to grow: ‘The crop is sensitive’
    Story by Jeremiah Budin • https://www.msn.com/en-us/money/companies/farmers-sound-the-alarm-for-our-global-food-supply-as-staple-crop-becomes-increasingly-difficult-to-grow-the-crop-is-sensitive/ar-AA1sOGj1

    Among those crops is the humble potato, which is becoming significantly more difficult to grow in the United States’ largest potato chip-producing state of Pennsylvania, Marketplace reported.

    What’s happening?
    Potatoes need cool nights in order to grow, and during much of the year in Pennsylvania, those nights are becoming few and far between.
    “The crop is sensitive to weather conditions,” Bob Leiby, an agronomist with the Pennsylvania Co-Operative Potato Growers, explained. He estimated that in the 1980s, there were 35 nights per year that were too hot for the potato crops. Now, it’s closer to 50 nights per year.

    As a result, Pennsylvania farmers have struggled to produce enough potatoes to fuel the state’s chip makers with locally sourced ingredients. This, in turn, means that potato chip companies have to source potatoes from out of state, driving more transportation costs and even more planet-overheating air pollution from shipping.

    In addition to the effects on our climate, this means more expensive products for consumers. The average cost of a 16-ounce bag of chips has risen from under $4.50 to around $6.50 over the last decade, per the Bureau of Labor Statistics.

    Why are crop failures important?
    The failure of Pennsylvania’s potato crops is one example of how the changes to weather patterns fueled by the overheating of our planet are threatening our food supplies. It is not the only example.

    Droughts have devastated rice, corn, and mugwort crops in China and corn crops in Colombia, while beekeepers in Mexico are also struggling alongside many other farmers all over the globe.

    In addition to droughts, the opposite end of the spectrum of extreme weather — flooding — has also caused massive problems for food growers.

    Oh well, Fast Eddy point out eventually gnawing on rats will be an option..PS
    I know, I know, the climate is always changing..repeat after me..the climate is always changing

    • Remember that Iraq was the setting of the Garden of Eden. It was a warm, wet area. The crops have changed there. In fact, the crops that have grown have changed everywhere.

      Our culture is dominated by people who assume that however things are now, (or they were 50 years ago), is the way they always will be. This simply isn’t true. But it is hard to get banks to make long-term loans without assuming that we know more than we really know.

      • drb753 says:

        Crops are moving North, like the Michigan cherries we discussed the other day. They will find another crop to grow. Candidates are many. Sugarbeet, squash, and corn to name a few.

    • clickkid says:

      “The average cost of a 16-ounce bag of chips has risen from under $4.50 to around $6.50 over the last decade, per the Bureau of Labor Statistics.”

      That’s an annual rate of increase of about 3.7 % pa.

      No more than the (real) rate of general inflation.

      • MikeJones says:

        The only difference is a so called “bag of chips” is mostly pumped with air… literally…one guy at work bought a vending machine chip bag with 5 yes Five potato chips inside..
        Unbelievable

  6. Student says:

    (Various sources) Bill Gates and Albert Bourla under trial for vaccine injuries.

    Bill Gates is accused in Netherlands for Covid vaccine injuries to people.
    He will be under trial in a Dutch Court, together with Albert Bourla.

    “Bill Gates to Stand Trial in Netherlands in COVID Vaccine Injury Lawsuit.
    A Netherlands court last week ruled that Bill Gates can stand trial in the Netherlands, in a case involving seven people injured by COVID-19 vaccines. Other defendants include Albert Bourla, CEO of Pfizer, and the Dutch state.”
    https://childrenshealthdefense.org/defender/bill-gates-covid-vaccine-lawsuit-netherlands/

    (Italian) https://luogocomune.net/medicina-salute/bill-gates-sar%C3%A0-processato-nei-paesi-bassi-per-danni-da-vaccino-covid

    (Dutch) https://www.telegraaf.nl/nieuws/1389972873/rechtszaak-bill-gates-om-vaccinatieschade-gaat-door-rechters-vinden-zich-bevoegd

    (English) “BREAKING NEWS: Bill Gates loses lawsuit and will appear in Dutch court
    Bill Gates loses groundbreaking lawsuit and must appear before a Dutch court”
    https://www.pennymarie.nz/p/breaking-news-bill-gates-loses-lawsuit

    Court document https://zebrainspiratie.nl/wp-content/uploads/Vonnis-in-incident-16-10-2024_Engels_Geredigeerd.pdf

    Video on Facebook https://m.facebook.com/Zebrainspiratie/videos/463005213360525?wtsid=rdr_0olTmwqqa15uRnHjR

    • From the first link in English:

      A Netherlands court last week ruled that Bill Gates can stand trial in the Netherlands, in a case involving seven people injured by COVID-19 vaccines. . .

      “In general, COVID-19 court cases have been very unsuccessful in the Netherlands,” Terhorst said. “There is a slim chance it will be successful.”

      From the second link in English:

      Gates, who did not appear before the Leeuwarden District Court on September 18, but was represented by a lawyer from PelsRijcken, stated that he believes that a Dutch judge is not competent to judge him because Gates is an American citizen. . .

      Summary of the case

      The claimants allege that representatives of Gates (Hofstra et al.) as a group and individually acted unlawfully towards them by deliberately misleading them in an unlawful manner and thereby inducing them to undergo Covid-19 injections of which Hofstra et al. knew, or at least should have known, that these injections were not safe and effective. . .

      The dispute

      Mr. Gates’ representatives dispute jurisdiction. Not the claim.

      “The dispute in this incident revolves around the question of whether this court has jurisdiction to hear the claims of et al. against Gates in the main proceedings.

      • Student says:

        I don’t think that a Dutch Court can be sucessful in judging Bill Gates or Albert Bourla, because this terrible issue (about experimental mRNA Covid vaccines launched in a very questionable way) can be solved only if US will want to open this chapter in deep.
        What I find interesting interesting is that more and more people are going to Court to have their damages known by Judges or have justice for relatives who died for Covid vaccine injuries.
        For instance in Italy it has recently happened this:

        “Muore dopo il vaccino anti-Covid, ok al risarcimento. Aveva 35 anni”

        His family received 100.000 Euro…No money can repay the loss of a person, but at least something is moving.
        And at this regard, we may remember that in Italy during 2021-2022 the government organized various aperitifs & vaccine venues called somthing like “vaccines under the stars” specifically dedicated to young people, in order to get them vaccinated against Covid…

  7. Tim Groves says:

    Dr Laura Braden. She was a regular scientist who pushed jabs and all the other wonders of “Rockefeller medicine” and gaslit people who thought they were injured by it. But she’s over that now. She’s evolved, moved on, freed herself from a lot of the BS, and become an advocate of proper medical treatment of the Hippocratic kind.

    She used to think establishment medicine was wonderful.

    “Super vaccines are the reason we’re alive, and Western medicine; and by the way, did I gaslight vaccine injured people? A hundred percent! Was I one of those people saying that this is in your head? Yes! Did I make fun of natural medicine, naturopathy, all of those things? Yes!

    “And I can say that because, if you are given new information that you weren’t given before, or if you were indoctrinated—whatever the reason is—but now you know new things, and you don’t change your perspective, then you’re lost. Right? The only option that you have now is to change your perspective—evolve with the new information—and guess what? Absolutely, vaccine-injured people are right. And for me to have gaslit them is deeply shameful for me. Although now, what it does, is it burns a fire for me to advocate for those people.

    “It’s a horrible thing, but every single person who comes to me now and asks me my opinion, I am a hundred percent confident that I am giving them some information that will help them.”

    Here Dr. Braden is interviewed by Dr. Mark Trozzi.

    https://www.drtrozzi.news/p/big-pharma-does-not-want-you-to-see

    For those who are into credentialism, Dr. Braden is a serious egg-head. She has two science degrees: one in cellular and molecular biology and one in neuroscience. She also holds a PhD in Biology and Molecular Immunology; and two post-doctoral fellowships: one in pathology and microbiology and one in immunology.

    • Het ‘conversion ‘ does not absolve her past.

    • hkeithhenson says:

      “and gaslit people who thought they were injured by it.”

      I am surprised that a scientist would make such a statement. Vaccines are *known* to cause injury though rarely

      https://en.wikipedia.org/wiki/Guillain%E2%80%93Barr%C3%A9_syndrome#Vaccine_onset

      Vaccine onset
      See also: 1976 swine flu outbreak

      An increased incidence of Guillain–Barré syndrome followed influenza immunization that followed the 1976 swine flu outbreak (H1N1 A/NJ/76); 8.8 cases per million (0.0088 per 1000) recipients developed it as a complication.[16] GBS cases occurred in 362 patients during the 6 weeks after influenza vaccination of 45 million persons, an 8.8-fold increase over normal rates.[17] The 1976 swine flu vaccination-induced GBS was an outlier; small increases in incidence have been observed in subsequent vaccination campaigns, but not to the same extent.[16] The 2009 flu pandemic vaccine against pandemic swine flu virus H1N1/PDM09 did not cause a significant increase in cases. In fact, “studies found a small increase of approximately 1 case per million vaccines above the baseline rate, which is similar to that observed after administration of seasonal influenza vaccines over the past several years.”[9] Natural influenza infection is a stronger risk factor for the development of GBS than is influenza vaccination and the vaccination reduced the risk of GBS overall by lowering the risk of catching influenza.[18]

      In the United States, GBS after seasonal influenza vaccination is listed on the federal government’s vaccine injury table.[19] On March 24, 2021, after reviewing several post-marketing observational studies, where an increased risk of Guillain–Barré syndrome was observed after 42 days following vaccination with the Zoster vaccine Shingrix, the FDA required safety label changes from the manufacturer GlaxoSmithKline to include warnings for risk of Guillain–Barré syndrome.[20]

      ^^^^

      It has long been known to science that vaccines can cause injury or death. The question for public policy is about the ratio of injury to prevention of disease.

      • Replenish says:

        An excellent example of reducing this serious issue while gaslighting educated members of this forum with understated sarcasm or “what you might say to get out of serving on the mRNA vaccine injury Victim Impact panel.” You haven’t hit bottom yet. You’re a victim who is now hurting others by your callous disregard for human suffering at the hands of progress and technology.

        • hkeithhenson says:

          “callous disregard for human suffering”

          I don’t think you know much about my history. I would point you to “The Clinic Seed” but the whole site is offline. I could point you to https://en.wikipedia.org/wiki/Keith_Henson

          Speaking of suffering, some years ago my wife and I were driving down one of the major streets in Tucson when a woman crossing the street ahead of us was hit by a car and knocked down. This was in the summer so the street was plenty hot enough to burn. She was rolling back and forth in pain from the hot street. I grabbed a blanket out of the car and we worked it under her to her considerable relief.

          We stayed there till the EMTs put her on a gurney and loaded her into an ambulance. They gave the blanket back.

          Carry a blanket in your car winter or summer and be alert for people on hot surfaces.

        • Tim Groves says:

          Very well said, Replenish.

          You’ve expressed my sentiments very eloquently.

          Although I’ve only become aware of it since COVID arrived on the scene, the gaslighting phenomenon has been going on since time immemorial, and a lot of the gaslighters are blissfully unaware that they are participating in it.

          Most of them are ignorant of the relevant facts but well up on the propaganda, and are convinced they are doing the right thing by pushing the establishment line that “vaccines” do a lot more good than harm, and that what harm they actually do is unfortunate collateral damage.

          Let’s go back, way way way back to 1913, when Charles Richet was awarded the Nobel Prize in Physiology or Medicine for his pioneering work on anaphylaxis, a severe allergic reaction.

          Richet’s research demonstrated how certain substances can cause harmful immune responses in sensitive individuals. He also elucidated what makes an individual a sensitive individual.

          Richet’s experiments involved the study of the effects of various proteins on animals, particularly how repeated exposure to these proteins could lead to increasingly severe reactions. He coined the term “anaphylaxis” to describe this phenomenon, highlighting the dangerous consequences of allergic reactions.

          His findings contributed significantly to the understanding of the immune system and allergies, laying the groundwork for future research in immunology and allergology.

          Richet learned how to induce allergic hypersensitivity.
          This hypersensitivity is permanent.

          Here’s what he wrote:

          Phylaxis, a word seldom used, stands in the Greek for protection. Anaphylaxis will thus stand for the opposite. Anaphylaxis, from its Greek etymological source, therefore, means that state of an organism in which it is rendered hypersensitive, instead of being protected.

          To make this plain, we will consider the example of a
          subject that has received a poison. When a subject’s bloodstream is repeatedly exposed to a moderate dosage of poison via injection there are three possible outcomes:

          The first and simplest is that there has been no change in the organism and that in receiving the same dosage as one month previously, exactly the same phenomena will result, in exactly the same conditions. Naturally, this is what happens most of the time.

          The second possibility is that the subject has become less sensitive. In other words, the preceding intoxication has produced a certain condition of tolerance or non-sensitivity. This will mean that a stronger dose is necessary at the second injection
          to give the same results. This is the case of (relative) immunization.

          The third possibility, frequently to be observed in certain conditions which I will specify, is of heightened sensitivity. The first injection, instead of protecting the organism, renders it more fragile and more susceptible. This is anaphylaxis.

          The second dose when injected previously even the smallest dose as low as 0.00001ml, [an infinitesimally minute amount], the subject will immediately show serious symptoms like vomiting, blood diarrhea, syncope, unconsciousness, asphyxia and
          death.

          If you are on the receiving end of an injection—any injection—you better hope and pray to Somebody who cares about your welfare a lot more than Big Pharma, Big Government and Big Banking does that your immune system hasn’t been sensitized to any of the antigens or adjuvants such as proteins that may be in that shot by virtue of you having become acquainted with them via some previous injection you’ve received. Because dropping down dead due to a quality control issue can seriously damage your health.

          About 10 years ago, I was stung eight times by a bunch of angry wasps, causing my left arm to swell up to the size of my leg. I survived that without seeking medical treatment, but I have heightened sensitivity to their venom now and would probably not survive another sting from the same type of wasp.

          Similarly, if you’ve been vaccinated by injection, there is a good chance that you’ve been sensitized to some of the components that you’ve allowed to get into your body. After all, that’s the entire purpose of vaccination—to provoke or stimulate an immune response. And this means that every time you receive another injection, you are playing a variation of Russian Roulette. That is an inescapable conclusion of Richet’s work on hypersensitivity is valid.

          And in the case of the COVID-19 shots, anaphylaxis is just one of the risks. There are also other issues such as the presence of plasmids and SV40 promoter/enhancer DNA to consider. At some point, unless you are a shill, a moron, so naive that you are living on Sesame Street, or so full of your own pseudo-intellectual BS that you are about to burst, you have to conclude that getting jabbed is a mug’s game.

          • hkeithhenson says:

            “by pushing the establishment line that “vaccines” do a lot more good than harm, and that what harm they actually do is unfortunate collateral damage.”

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

            “During the 18th century the disease killed an estimated 400,000 Europeans each year, including five reigning monarchs, and was responsible for a third of all blindness.[4] Between 20 and 60% of all those infected—and over 80% of infected children—died from the disease.[5]

            “During the 20th century, it is estimated that smallpox was responsible for 300–500 million deaths.[6][7][8] In the early 1950s an estimated 50 million cases of smallpox occurred in the world each year.[9] As recently as 1967, the World Health Organization estimated that 15 million people contracted the disease and that two million died in that year.[9] After successful vaccination campaigns throughout the 19th and 20th centuries, the WHO certified the global eradication of smallpox in May 1980.[9] Smallpox is one of two infectious diseases to have been eradicated, the other being rinderpest, which was declared eradicated in 2011.[10][11][12] ”

            And you say vaccines are a bad idea?

            • Tim Groves says:

              As I said, Keith, you are pushing and parroting the establishment line.

              I think there are a lot of lies, exaggerations, distortions, omissions, inversions and evasions in the establishment line.

              It would take a thick tome just to scratch the surface.

              As it happens, I know of one very thick one—so thick that the authors decided to leave out the copious references and place them online instead.

              If you are interested in reading one—just to test your faith in jabology if not to expand your knowledge of the subject, may I suggest Turtles All the Way Down?

              It is not perfect, and indeed valiant attempts have been made to debunk it—and you can read them online too. But I am sure it is a lot more reliable than Wikipedia.

              https://www.amazon.com/Turtles-All-Way-Down-Vaccine/dp/9655981045

              And if that isn’t to your taste, I can recommend several other interesting works.

              As for you, you can take as many jabs as you like. Nobody is stopping you. Nobody is going to restrict your freedom to be jabbed they way they are trying restrict people’s ability to get medicines such as HCL, IVM, and doxycycline and even supplements such as NAC.

              It’s the kids we want to protect from debilitating injury, not the old folks. Kids like this little lad in Tennessee, a 5-year-ld who developed severe regressive autism after being forced to get 18 vaccines In one day.

              https://tennesseeconservativenews.com/tennessee-5-year-old-develops-autism-after-being-forced-to-get-18-vaccines-in-1-day/

              But vaccines have six ways from Sunday of ruining anybody’s life, and exposing yourself repeatedly to the risk of getting a life-ruining reaction in order to trying to avoid getting going down with the flu or the ‘rona or shingles or cervical cancer or genital herpes—at your age, Keith!—is a mug’s game.

              Once the injectable instant karma gets you, there will be no cure, and having your name on the cryogenic list is not going to save you.

            • hkeithhenson says:

              “the establishment line”

              If ending smallpox is the establishment line, OK, then I push it, though frankly it does not seem to need much pushing. I am old enough to remember when polio terrified parents, and knowing a few polio survivors they had good reason.

              I am not impressed with anecdotal stories about 18 vaccines In one day. It sounds like the intersection of antivax parents who were trying to get a kid into school and incompetent medical people. The vaccine schedule requires spacing out the vaccines. It sounds like a fabrication.

              “exposing yourself repeatedly”

              You are exposed *every single day* to bacterial, fungi, and viruses that are new to your immune system. You immune system in keeping these in check cranks out around 8 fluid ounces of immune cells and antibodies every day. Which is why famines are followed by epidemics. (Reduced ability of the immune system to deal with disease.)

              “to the risk of getting a life-ruining reaction in order to trying to avoid getting going down with the flu or the ‘rona

              Or RSV. Priming the immune system to deal with these saves lives especially for the very young and the old (like me). It also saves big bucks in medical costs. How many vaccines can you get for the cost of one day in the ICU?

              ‘”or shingles ”

              I had the early shingles vaccine. In spite of that I had a shingles attack Extremely painful. A friend of mine, too young for the vaccine, had a much worse attack with after pain and sensitivity lasting for years.

              My children will probably have shingles attacks because they had chicken pox.

              My grandchildren will not because they were vaccinated against the virus rather than having the disease and getting their nerve roots filled with virus particles.

              “or cervical cancer ”

              Virtually all cervical cancer cases (99%) are linked to genital human papillomavirus infection (HPV) [Wikipedia]

              Almost everyone who is not vaccinated gets HPV often persistent and sometimes causing cervical cancer. There are kids are not vaccinated due to completely unjustified arguments that being vaccinated will increase sexual activity, There will be cervical cancer cases who bitterly resent their parents denying them this vaccine.

              https://en.wikipedia.org/wiki/HPV_vaccine#Side_effects

              The whole article is worth reading.

              “or genital herpes—”

              I think you are confused or misinformed from reading troll websites. There is no vaccine for genital herpes.

              I am reasonably sure someone is working on one, like they have been working on an HIV vaccine for decades.

            • Tim Groves says:

              “This story and interview with the family of the 5 year old boy who developed autism after getting 18 vaccines at once is by far one of the most egregious examples I’ve ever seen of a criminal judge abusing his power so far beyond his scope, and how undeniable it is that vaccines cause autism.

              That judge should be rotting in prison for what he did in this case, and so should the mother. Not only did she jump at the opportunity for custody by agreeing to the judges opinionated demands to vaccinate against the fathers will to get custody, but after all these vaccines in one day injured that poor kid, she then abandoned them and disappeared without a trace.

              After not seeing his children for 6 months when the mother had custody and then discovering his 5 year old had vaccine induced autism before the mother disappeared, he’s still required to pay child support to her 5 years later??? That’s so absurd. She should be required to pay back every single dime and then some.”

              https://x.com/Inversionism/status/1848796243000234287

            • Tim Groves says:

              This video shows the father taking his son along to the Fentress County Commission meeting in June 2023 and being allowed to speak for five minutes about his situation and his frustration with the way some local officials and medical staff have treated him.

              https://www.facebook.com/1039wdeb/videos/fentress-county-commission-meeting-61923/677448880459818/

              From just after 58 minutes, the father speaks to the commission, with his vax-damaged son in hand. He tells the story, and also relates to how he is being ignored by the local authorities. He also says several law firms and JFK Jnr’s people are interested in helping him file a 50 million dollar suit against the town but he doesn’t want to do that.

              He seems remarkably well controlled in this video, despite the considerable stress he is under 24/7 and the inevitable bitterness he must feel against quite a few individuals. Since the commission also ignored him at this meeting , he also seems remarkably patient not to have launched legal action against them up to now.

            • hkeithhenson says:

              Pointer to the video?

          • Tim Groves says:

            Keith, I don’t want to have to go in point by point to attempt to dissolve your illusions. But since you’ve mentioned smallpox as an example of something that was defeated by vaccination, I am going to make just one point.

            You may be aware of Dr. Suzanne Humphries, a nephrologist (that’s a doctor who specializes in the care of kidneys) and co-author of the book Dissolving Illusions. In this book, she expresses a dissenting view regarding the decline and eradication of smallpox that challenges the mainstream understanding that vaccination was the primary factor leading to the eradication of smallpox.

            Here are the key points of her dissenting view:

            Natural Decline: Humphries argues that the decline in smallpox cases began before widespread vaccination campaigns started. She suggests that improvements in public health, sanitation, and living conditions contributed significantly to the reduction in disease incidence.

            Questioning Vaccination Efficacy: She raises concerns about the effectiveness of the smallpox vaccine, suggesting that it may not have been as crucial in controlling the disease as commonly believed. Instead, she emphasizes the role of natural immunity and environmental factors.

            Adverse Effects of Vaccination: Humphries highlights potential adverse effects associated with the smallpox vaccine, including serious complications in some individuals. She argues that these risks may warrant a more critical examination of vaccination policies.

            Historical Context: In her analysis, she places smallpox eradication within a broader historical context, suggesting that the narrative around vaccination may overlook other important factors in the disease’s decline.

            You yourself overlook these other important factors in an attempt to push the myth that the smallpox vaccine and the smallpox vaccine alone eliminated smallpox. That’s gaslighting. Very polite and very reasonable-sounding gaslighting. But gaslighting all the same.

            • hkeithhenson says:

              “Dr. Suzanne Humphries”

              With millions of doctors, you can find some seeking attention with opinion way out of the mainstream. Once in a while they are right, like https://en.wikipedia.org/wiki/Barry_Marshall and win a Nobel prize. Let me know when Dr. Humphries gets one.

              “contributed significantly to the reduction in disease incidence.”

              Possibly true, but if it is a major factor in reducing smallpox, why do we now have a serious problem with the closely related mpox?

              “Adverse Effects of Vaccination: Humphries highlights potential adverse effects associated with the smallpox vaccine, including serious complications in some individuals. She argues that these risks may warrant a more critical examination of vaccination policies.”

              Smallpox vaccination was *known* to carry risk. Vaccination policy is about the risk vs the benefit ratio. That’s why people were no longer vaccinated for smallpox in areas where it was eradicated.

              Think about it in numeric terms. Imagine a vaccine that killed 5% of the people who got it, but protected the survivors against some disease that 90% of the population got and killed half of them.

              If you were in charge of public health would you advise people to get a vaccine that killed one in twenty? Can you work the math behind such a choice?

              “overlook these other important factors in an attempt to push the myth that the smallpox vaccine and the smallpox vaccine alone eliminated smallpox. That’s gaslighting. Very polite and very reasonable-sounding gaslighting. But gaslighting all the same.”

              Before you mentioned Humphries, I had never heard of anything but vaccination causing the extinction of smallpox. I don’t think relating the well accepted history of smallpox can be called gaslighting people.

              The current campaign is against polio. Social unrest/wars are causing that to fail. What do you suggest?

    • drb753 says:

      Why would Dr. Trozzi lower himself to the point of interviewing such an individual? and if she is so smart, why the so called “cholesterol hypothesis”, which raked billions for bigpharma, not give her any hunches already 10 years ago?

    • Karma B says:

      Sounds like a wolf in sheeps or at best absolving herself from past crimes. Law of karma applies to her, she can’t un-jab anymore than she can pretend to care about those she exploited, highly likely she regrets only that she believed her own rubbish.

    • All is Dust says:

      Lol! “New information”. The manufacturer’s datasheets for the lipid nanoparticles could not have been clearer, “not suitable for human use”.

    • In the link, it says:

      In this interview, Dr Braden reveals natural remedies that big pharma does not want you to know about.

      It doesn’t even say that she speaks out against the vaccines (although she may; I haven’t watched the video).

      • Tim Groves says:

        She is very big on “functional mushrooms”. They talk a lot about that in the second half.

        The main thing she said about vaccines was that she used to gaslight people who said they were vaccine injured because she believe the medical orthodoxy. Around 2000, when her own child was born, she began reading the package inserts and questioning why her 2-month-old needed to take the hep shot among others, and the medic (I believe it was a district nurse) explained that it was more convenient if the kid had a bunch of shots at the same time. That, and the fact that her nephew was suffering from something listed as a potential side effect of the hep shot, was enough for the penny to drop, apparently.

        My point isn’t that she is super-smart. Academically, she is, obviously. All those science degrees and doctorates! But in other ways she was incredibly naive and trusting, as academics and high achievers within the system often are.

    • Lastcall says:

      “Super vaccines are the reason we’re alive, and Western medicine; and by the way, did I gaslight vaccine injured people?…’
      Nonsense; vaccines will end up doing more long-term harm, in exchange for fleeting (financial) benefits, than even antibiotics have done.

      ‘Vaccine injuries have a wide range of symptoms and hence have confused doctors for over 200 years (with many doctors in the past labeling them as “encephalitis”). Presently, I believe three main mechanisms underlie the myriad of vaccine injury:

      Immune Dysfunction: Vaccines frequently cause chronic autoimmune disorders and varying degrees of immune suppression.

      Cell Danger Response: Cells can enter a primitive state under threat, stopping normal mitochondrial function. This temporary state can become chronic, underlying many severe conditions. Treating this response has resolved conditions linked to vaccination, like autism.

      Impaired Circulation: Vaccines can impair fluid circulation by affecting the body’s zeta potential. This causes fluid clumping (i.e. micro blood clots and blood thickening) and obstructs blood flow in capillaries.’

      https://www.midwesterndoctor.com/p/why-do-all-vaccines-cause-harm

      ‘For example, there have now been multiple high profile admissions that if the mRNA injections had been marketed as “gene therapies” almost no one would have taken them, but since they were instead presented to the public as “vaccines” they were exuberantly taken up across the globe.

      In my eyes, one of the few upsides to the COVID-19 vaccine tragedy has been that the scale of harm the vaccines have caused has made the public begin questioning many of the lies that have been used to sell the vaccines to us for decades. For example, at a recent Congressional, in an attempt to escape culpability for a previous lie he’d made, Fauci stated that “I don’t believe any vaccine is 100% effective” and hence dispelled the cloak of ambiguity which has always been used to market these products.’

      https://www.midwesterndoctor.com/p/what-are-the-pros-and-cons-of-each

    • Lastcall says:

      ‘ Dr. Braden is a serious egg-head.’

      ie; A member of the Kult of Scientism’.

      • Tim Groves says:

        Even with the hair, her skull looks egg-shaped.

        And she’s so smart that she actually has an IQ.
        Been tested and everything. 🙂

  8. Ed says:

    https://thehill.com/homenews/campaign/4951697-stuart-stevens-mitt-romney-adviser-kamala-harris-2024-election/

    The Church of Latter Day Saints to throw three states for Harris and her win!

    • Rodster says:

      Gotta love the hypocrisy of religious conservative politicians. Kamala Harris, the person he wants his church to vote for, is a known alcoholic, and a slut. She rose up the ranks in politics by spending time underneath male individual’s, including no other than former SF Mayor Willie Brown.

      Her current husband is accused in liberal NYC newspapers of mistreating and hitting women. These people hate Trump so much, they are willing to vote for a female version of him.

      Besides that, she is a really stupid individual. ZeroHedge is constantly posting her “word salad” interviews. So I do hope she gets “selected” by the Deep State. Joe Bidet was a joke and he was the opening act to this comedy show.

      It’s a reflection of the terminal condition the US Empire is in. The US has become the former Roman Empire.

      • ni67 says:

        kamala harris is KH initials in pandemic playbook operation spars for vice president. ivanna/trump daughter is after that according to simpsons. they telegraph the selected presidents. in 2012 economist issue you can see in special edition hamas vs israel war. also trump statue, etc. every sequence of events is preplanned and when x series happens, they begin it.

    • Guess they want a civil war so they can form the State of Deseret again.

    • I didn’t notice anything in your link about “The Church of Latter Day Saints to throw three states for Harris and her win!”

  9. ivanislav says:

    I saw a group of old men on the street corner, some in army fatigues, holding Ukrainian flags. I guess they’re trying to motivate folks to remember their cause and show support.

  10. “Economic expansion requires more than just cleaner energy—it demands vast material inputs and energy yields that renewables, in their current form, struggle to provide. By focusing only on decarbonization, these projections overlook the deeper challenge: a growth-based system incompatible with planetary boundaries. Until the obsession with endless growth and consumption is confronted, energy forecasts, no matter how green they appear, will remain built on wishful thinking​.”

    https://www.artberman.com/blog/iea-optimism-vs-reality-the-contradictions-in-the-energy-transition/

    • Systems of all kinds are dissipative structures. They grow until they reach limits. Then, they slowly or quickly collapse. Or they are attacked by another dissipative structure.

      Growth is built into the system. Trying to get rid of it is an impossible dream. There are economies to scale. Specialization allows better returns. The situation is always overshoot and collapse, and survival of the best adapted.

      • ni67 says:

        Consequence of being a biotic entity. Elites want to become god and max out on intelligence and control of nature. Eschatologically, it is reverse entropy or die. There is no alternative.

        • hkeithhenson says:

          ” Elites want to become god and max out on intelligence and control of nature.”

          True.

          • sheeesh

            nobody—nothing

            defies nature—ever

            check any point in history or science–and stop the daft delusions

            • hkeithhenson says:

              The statement was about what elites want, not how reasonable it is.

              But what would you say “defies nature.”

              Would making a river run uphill qualify?

            • Lidia17 says:

              “What would you say ‘defies nature.’?”

              Hmm. Just this year? Turning girls into “boys” by sewing hideous flesh tubes between their legs?

              Injecting weird gene substances combined with “nano”particles (anything nano isn’t really good in bio land).

              Planning (supposedly) to live in a frozen abiotic vacuum.

              Cutting off one’s head to freeze for later.

              Just the normal defying-nature things.

    • houtskool says:

      dissipative structures is just another excuse to the failure of debt based currencies. Calling currencies as a part of ‘dissipative structures’ is blaming our problems to an astroid, instead of blaming our own greed and primative chimp behaviour. ‘dissipative structures’ is an explination, not a reason.

      Please…

      • ni67 says:

        wdym by greed? living by caveman style is preferable to living in tokyo and having a small population that can live for 600 years?? hydrocarbons take long time… blink of eye. impossible to have any scale of civilization with advanced tech unless you did uber selective breeding and somehow got alternative energy sources from alternate dimensions. one way or another over 1-2k years, soil degrades, etc geological processes too slow to catch up and energy fluxes not controlled. it is irrelevant what humans do. how would changing human greed do anything other than let another 300 years of humans live? doubling time of 1% is 72 years so it would only buy us 3-4 generations MAX if we 1/8 consumption rate and 1/8 humans.

        • Lastcall says:

          ‘..one way or another over 1-2k years, soil degrades, etc geological processes too slow to catch up..’

          But not hard to mimic and accelerate natural processes; rock dust remineralisation and humic acids can do wonders.
          Its all known about in alternative Ag circles, but as in medicine where natural health is anathema to Big Pharma, natural solutions are not good for Big Farma.

          Control the food (quality/quantity), control the people. eg RFID tags
          Rubbish food, rubbish health, rubbish minds.

          • Lastcall says:

            PS. Do some research on the Nile river and the rich soils the Nile delta enjoyed as it renewed itself with both glacial sediments and tropical forest humates.
            Not difficult to emulate methinks.

    • Ed says:

      The US politicians say the illiterate, criminal, insane immigrants are needed for growth.

      • Lastcall says:

        Immigrants are merely following the stolen resources back to where they have been taken…by an insane criminal country with tentacles in resource rich countries all over the globe.

        US is an orchestrated, very effective, worldwide mafiosa. Bringing little peace and taking giant pieces back home.

        It wasn’t pretty back then when the resources were stolen; it ain’t going to be pretty now.

  11. In a sense Trump is like Tom Canty of Mark Twain’s Prince and Pauper.

    He ran for President as some kind of public stunt, was thrust to that role because no GOP candidate thought they stood a chance against Hillary, so he became the fall guy.

    The book Prince and Pauper is of course a bad piece of fiction. Tom Canty, who grew up in the streets, would have quickly learned the tricks of the trade, and probably would have known quickly that if he lost the throne his head would be in the chopping block in a quick succession.

    So, the real prince Edward shows up with his sidekick, however Tom, now the King, would have no choice to order Edward and his sidekick to be beheaded quickly before they could say a word, and would have married Jane Grey and lived happily ever after, with no one really hearing much about Bloody Mary or the Virgin Queen.

    Twain tries to end the book in a happier note, saying Tom Canty lived more ore less a happy life, completely forgetting the bloodthirsty Mary who would have both burnt Tom and Edward’s sidekick in stakes.

    Trump did what the real Tom Canty would have done when thrown the Kingdom/Presidency.

  12. raviuppal4 says:

    France is the global south . Buy a mansion for Eur 1 and then pay Eur 2000 as property tax . French , use google translate .
    http://lachute.over-blog.com/2024/10/rappel-historique.html

    • At one point, I thought Italy was offering something similar.

      Japan has a lot of older homes that are for sale for practically nothing.

      • raviuppal4 says:

        The Italian experiment failed . The British pensioners had to walk to get their groceries ( no Aldi or Lidl) nearby and streets too small for cars ,the nearest hospital was 30-40 km’s away . The idealistic young ” greenies” just got bored but the problem was there was no way to earn a living earning even if you opened a corner shop. Playing the guitar the whole day does not pay for the food . The humans will not give up — the new experiment is UBI ( Universal Basic Income) .

      • Tim Groves says:

        These days, you can buy an old house in the sticks for 1 yen!

        Or a new and not-particularly-luxury “mansion” (condominium) in a 60-floor high-rise in Shinjuku for 100 million yen.

        Location, location, location.

        Also, property taxes are based on land and building value, so in Japan, they are likely to be minimal for old homes and farmland but x-bloody-spensive on new homes standing on valuable urban land.

        And then there are inheritance taxes. In Tokyo, the very rich folks sometimes have to sell off the family home or part of the garden in order to settle those bills, or at least they used to when property prices exploded around the time of the infamous “bubble” economy. The most well known example was politician Makiko Tanaka, who gave up a large chunk of her garden in Bunkyo Ward to pay the local inheritance tax. That land has been turned into a public park.

        Makiko accidentally burned down the large and historically valuable house last January. I hope it was well insured. If this happened in the US, half of the population would be screaming that it was hit by DEW.

        https://www.asahi.com/ajw/articles/15105923

        “Jiang Zemin, then general secretary of the Chinese Communist Party, made a courtesy call to former Prime Minister Kakuei Tanaka at his residence in Mejirodai, Bunkyo Ward, Tokyo, on April 7, 1992.” We can see Makiko with a glass of champagne in hand on the left of this picture.

        https://japannews.yomiuri.co.jp/society/general-news/20240109-160877/

    • drb753 says:

      Catastrophic is too strong a word. How about ” it helps as much as it hinders mankind”?

  13. Ed says:

    My friend who likes to track such things says 30 million fake ballots will be added to the count. But not to worry the military is finally going to take action and arrest the bad actors.

    My take is 3 faithless electors bribed at 10 million each is a cheap solution for only 30 million dollars.

  14. ivanislav says:

    https://youtu.be/ljQMfhiPOZY?t=2506

    Prof. Mohammad Marandi says Saudi Arabia will never see its money / get its money out of the US.

    • The long term prospects for US debt/money could be a concern. Spend it now!

      • raviuppal4 says:

        The question is spend it on what ? Xi would like an answer . The reserve currency is a Ponzi — you can’t taper a Ponzi — only collapse it .

        • Even gold cannot buy as much in the future, if the system is not providing as much.

          • Dennis L. says:

            Agreed.

            Starship launch 6 is approaching, catch a booster two times in a row and it is not luck.

            The solar system is finite, but it is close enough to infinite for our purposes. Explore, mine, automate, manufacture with fusion.

            TINA

            Dennis L.

    • clickkid says:

      “Saudi Arabia’s holdings of US Treasuries reached $142.8 billion in August, up by $89 million month-on-month (MoM), new data released by the US Treasury showed.

      The Kingdom’s holdings of US Treasuries in August were the highest in nearly four and half years, i.e. since March 2020.

      Accordingly, Saudi Arabia maintained its 17th place among the largest holders of US Treasuries for the month.

      Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $112.5 billion, representing 79% of the total, with short-term bonds amounting to $30.3 billion (or 21%).”

      https://www.argaam.com/en/article/articledetail/id/1762152

      • drb753 says:

        They really have no spine.

      • Saudi Arabia continues to sell some oil to the US – up close to 200,000,000 barrels per year. At $70 per barrel, that would be $14 billion dollars per year. It also sells a lot of oil to others, using US$ as a medium of exchange. Perhaps these uses of Treasuries are ultimately behind the accumulation.

        Also, most people assume that the US$ will be good forever.

        • hkeithhenson says:

          “close to 200,000,000 barrels per year. ”

          That sounds like a lot, but per day it isn’t much over half a million bbl/day.

          That’s around 1/40th of the oil the US uses.

          • I agree. It isn’t a huge amount, but it quickly runs up to billions of dollars.

            • drb753 says:

              Also, the diluting power of it. Without it, the US can not use some 1M barrels a day of shale.

            • hkeithhenson says:

              “Also, the diluting power of it”

              Long ago I worked in a refinery and know a good deal about the subject but this is new to me. Got a pointer to an article or something?

            • keith

              I’m trying to find out something on the history of coal tar (etc) distillation

              not the modern way of doing it, but something from about 250/300 years ago or so

              can you by any chance point me in the right direction?

              tyvm

              N

            • hkeithhenson says:

              “point me in the right direction?”

              Of course. Start here https://en.wikipedia.org/wiki/Coal_tar

              “Coal tar was discovered circa 1665.”

              “by-product of the production of coke and coal gas from coal”

              So-called “gas works” produced coke by heating coal in enclosed chambers. The flammable gas that was given off was stored in gas holders, to be used domestically and industrially for cooking, heating and lighting. The gas was commonly known as “town gas” since underground networks of pipes ran through most towns.

              “Other byproducts of coke production included tar and ammonia, ”

              https://en.wikipedia.org/wiki/Coke_(fuel)#Britain

              Coal tar didn’t become a thing until they started making gas Beehive coke ovens did not capture the gas or tar. This made an awful mess. https://en.wikipedia.org/wiki/Sydney_Tar_Ponds

              It’s a huge topic. And even today a big industry

              “In modern times, coal tar is mostly traded as fuel and an application for tar, such as roofing. The total value of the trade in coal tar is around US$20 billion each year.[35] ”

              I have proposed to heat coal/biomass/etc. in steam with an electric arc using excess renewable electricity. This will make coal tar along with syngas that can be turned into diesel.

            • drb753 says:

              Have you heard of the fact that shale can not be processed alone in US refineries?

            • hkeithhenson says:

              “can not be processed”

              I would expect that it varies with the refinery. A refinery set up to process heavy sour crude is not going to play well with really light oil.

  15. raviuppal4 says:

    We had to destroy the village to save the village .– US army statement during the Vietnam war .
    https://www.restaurantbusinessonline.com/financing/dennys-plots-150-closings-part-its-growth-strategy

    • Link is to Denny’s plots 150 closings as part of its growth strategy

      Management informed Wall Street that the weakest one-fifth of the system is dragging down the healthier performers, who’ll be encouraged with a grant offer and loan accessibility to enhance the brand’s consistency.

      This is part of the growth strategy. Also, for many other chains. Close the weakest locations. Maybe the rest will be more profitable. But less sold overall.

      • Dennis L. says:

        Discretionary income contracting. TM has this in his latest post.

        https://surplusenergyeconomics.wordpress.com/

        Dennis L.

        • This is a little of the post.

          As decision-makers embark on a futile attempt to stimulate the material with the monetary, liabilities will escalate to a point at which investor vertigo sets in. Fundamentally, money has value only as a “claim” on the material, and the creation of excess claims must lead to value destruction, to the extent that the aggregate of claims is perceived as “value”.

          It is, of course, a myth that value destruction occurs when bubbles burst. The reality is that the bursting of a bubble reveals value already destroyed during the period of malinvestment in which the bubble is inflated.

          “Malinvestment” means putting capital into entities and projects destined to fail. Malinvestment is taking place at epic scale in the economy of today. Governments play a part in this every time they try to encourage, say, tourism or “tech”, when they should instead be prioritizing essential infrastructure. They have a tendency to act on the basis of a narrative which, perhaps unbeknownst to them, is already failing.

          • Dennis L. says:

            I had never thought of bubbles as he described. “…the bursting of a bubble reveals value already destroyed during the period of malinvestment in which the bubble is inflated. ”

            Wind turbines and solar come to mind. Once purchased and installed, the value of the investment has already been destroyed, rinse and repeat often enough and the bubble bursts.

            Europe is seeing this now, solar/wind cannot replace gas from Russia.

            Dennis L.

            • These “investments” don’t really add much value at all. A huge amount of debt has been entered into, but intermittent wind or solar isn’t worth much, especially when it needs to be transported long distance to where some user will benefit from it.

  16. I AM THE MOB says:

    Kentucky senator dies after driving lawn mower into swimming pool

    “Kentucky State Sen. Johnnie Turner died Tuesday night from injuries colleagues said he sustained last month after driving his riding lawn mower into an empty swimming pool.

    On Wednesday, fellow Kentucky Sen. Phillip Wheeler announced with “profound sadness” that his colleague was dead.
    https://www.nydailynews.com/2024/10/23/kentucky-state-senator-johnnie-turner-dies-lawn-mower-accident/

  17. I AM THE MOB says:

    Price of Beef SKYROCKETING! + 50% in last 6 months? (only another 6% to reach record high)
    https://tradingeconomics.com/commodity/beef

    Rumors online beef prices may soon QUADRUPLE!

    20$ big mac coming soon

    That would put nearly every steak house out of business.

    • Mike Jones says:

      Hopefully, MCDONALD’S, WENDY’S, BURGER KING, ECT TOO…
      I doubt it though, pink slim will due for the slothful, gluttonous rabble as Klummie would probably refer to us.

      • I AM THE MOB says:

        With all due respect, I think you are grossly underestimating the power of the “Sacred Cow” in America and scared meal “Cheeseburger and fries”.

        For context, there is a small pizza sports bar next to my home. Last year I was there and a group of 4 went apeshit because they ordered burger and fries, and I guess they charge $18 bucks or something $2 dollar upcharge for fries instead of chips. That I guess they weren’t aware.

        And this group starts yelling at the server saying “18 dollar burger is BS. and the lettuce was shredded blah blah. and walked out without paying. Making a scene in front of everyone.”

        • drb753 says:

          America is becoming less civilized by the day. Numerous reports from friends. It is something that affects your well being.

          • Tim Groves says:

            Joni Michell shouted “F***K Trump!” on stage the other day, and the audience thundered with applause.

            Forty Years ago, Joni was lamenting the decline of the culture, but these days she’s apparently reveling in it.

    • The fashion about what meat to eat and how much to eat will change. Long ago, the fashion was “meat stretcher” recipes. In the Midwest, it was “Hot dishes,” with a bit of meat and a lot of other things. (Not potato chips or Tater Tots on top, either.) Campbell’s canned soup was one of the ingredients.

      Also, plates held various kinds of things. Pickles, for example. Cottage cheese. Not a huge amount of one thing. There was some of the main course, but not a lot. Perhaps bread and butter. With honey, if a relative was a bee keeper.

      • Dennis L. says:

        We bought the cheap stuff, mom had a hammer with which she literally beat the meat.

        Dennis L.

    • Cromagnon says:

      Well the North American cattle herd is now below the numbers of 1951. At this point there were far more bison in North America when the Europeans arrived than there are beef cattle. No grand conspiracy among the big 4 beef packers, just the result of drought in the west, long term low beef prices for earlier decades and a refusal of young people to pick up the burden of land and herd care.

      Pure market driven price rise. It would be even more dramatic if USA had country of origin labels as massive imports of South American beef has kept prices lower than they would otherwise be.

      • MikeJones says:

        “massive imports of South American beef has kept prices lower than they would otherwise be.”
        Part of which was former Amazonian Jungle, I presume, along with other commodity crops , such as, soy, coffee, and
        …..https://www.timberbiz.com.au/south-america-leads-the-world-on-tree-planting-but-two-species-domintate/
        This is because South America’s tree plantations are almost exclusively for industry and are, in most cases, based around pine or eucalyptus monocultures. These plantations consist of a single species growing across an expansive area, accelerated by fertiliser and pesticide use. Monocultures do not facilitate biodiversity, which limits their capacity for carbon sequestration. Such practices promote soil degradation and the destruction of naturally occurring, native vegetation.

        I want my Big Mac or Quarter Pounder

        • Degrading the land, fairly quickly. Not very sustainable!

        • Tim Groves says:

          The Americas have been going downhill ever since the first Amerindian walked across the Bering land bridge.

          Said the condor to the preying mantis
          “We’re gonna loose this place just like we lost Atlantis
          Bother, we gotta go sooner than you know”
          Gypsy told my fortune, she said nothing showed”

  18. ivanislav says:

    One of the supposedly better AI still struggles here. I’ve read that it can solve graduate level chemistry, so maybe this one isn’t geared towards that…

    Me:
    When NADH and NADPH donate electrons, the hydrogen remains or is lost?

    AI:
    When NADH and NADPH donate electrons, they lose both the electron and the hydrogen (H+), becoming NAD+ and NADP+ respectively. So it’s not just an electron transfer – it’s a dehydrogenation (loss of both H+ and e-). The “H” in NADH/NADPH represents both the proton and electron that are transferred.

    The net reaction can be written as:
    NADH → NAD+ + H+ + e-
    (and similarly for NADPH → NADP+ + H+ + e-)

    Me:
    Why would the sign change if both a single electron and hydrogen is lost? Are two electrons lost or just one?

    AI:
    Ah, let me think about this more carefully:

    Each NAD(P)H to NAD(P)+ conversion involves the loss of a hydride ion (H-), which is composed of one proton and two electrons. So it’s not a single electron and H+ as I incorrectly stated – it’s the transfer of a hydride (H-).

    This makes more sense with the charge balance:
    NADH (neutral) → NAD+ (positive) + H- (negative)

    I was wrong about the single electron transfer. Thank you for making me think through the charge balance – it helped catch my error.

    Me:
    In chemical reactions with NADH, where does the hydrogen usually go?

    In biological reactions, the hydride (H-) from NADH typically transfers directly to another molecule, often to a carbonyl group (C=O) converting it to an alcohol (CH-OH), or in other cases to other electron-deficient carbons. The hydride transfer occurs as one concerted step rather than as separate H+ and electron transfers.

    For example, in alcohol dehydrogenase converting acetaldehyde to ethanol:
    CH3CHO + NADH → CH3CH2OH + NAD+

    The hydride goes directly onto the carbonyl carbon of acetaldehyde.

    AI:
    I thought ADH takes an alcohol and creates an aldehyde?

    Ah yes, I apologize – you’re correct! Alcohol dehydrogenase primarily operates in the oxidative direction:

    CH3CH2OH + NAD+ → CH3CHO + NADH + H+

    Here, the enzyme removes a hydride from the alcohol, transferring it to NAD+ to form NADH, converting ethanol to acetaldehyde. While the reaction is reversible, under normal physiological conditions it proceeds primarily in the direction of oxidizing alcohols to aldehydes.

    Thank you for the correction – it’s important to get the direction of these metabolic reactions right!

    • ivanislav says:

      Oops, I mislabeled. The last question was me, not the AI.

      • Student says:

        I don’t think that this is the real problem with AI.
        On the contrary, I think that AI will be good with time to solve these kind of matematics or chemical or similar issues.
        This approach seems to have an engineer kind of way to see problems.
        If one goes on trying to find the point in which AI fails, at the end one will lose against AI and everyone will say: ‘can you see? Now AI, after its improvement, doesn’t make any mistake!’.

        The problem with AI will be more on the side that people will trust AI as the only way to collect news or have explanations on historical, economical and social facts, instead of chosing to read different sources and various books to form one’s opinion.
        It will be easy for any ruling class to set AI version in a specific direction and create a sort of censorship on any other versions/sources, like it happened during Communism.
        That will be the real problem.

        • JesseJames says:

          This AI was not solving a problem It was simply collating thousands of texts and descriptions, and coming up with a dialog description of that.

    • drb753 says:

      all very interesting, Ivan.

    • Hillside herder says:

      What in the hogswog are you talking about?

      • ivanislav says:

        Seeing whether AI lives up to the latest claims that it can do graduate level chemistry. The answer is mostly “no”, even though it does regurgitate useful information. This was with Sonnet 3.5 from Anthropic, one of the AI leaders.

  19. Dennis L. says:

    BRICS.

    Apparently BRICS countries will settle accounts thru respective central banks with a digital currency. If that cannot be printed the US may have a very large problem paying off its debt with inflation.

    We seem to look for doom, for the US loss of the dollar as a world currency could be a serious matter.

    Dennis L.

    • ivanislav says:

      What is a “digital currency” in this context? It’s all on computers to begin with. Central banks have direct swap lines. I don’t get how this is different from what already exists.

      • hkeithhenson says:

        “I don’t get how this is different from what already exists.”

        I agree. Bitcoin is a way to store assets without a government being able to track them. Government central banks don’t need the complexity.

        • Dennis L. says:

          It seems to be one must be part of the club, new club and the US is not part of that club.

          Dennis L.

      • Dennis L. says:

        Not an expert. Since about WWII this has been the Swift system, a new system outside of Swift is being established. Rumors are it will be backed by gold and a bitcoin would not be out of the question.

        I think the idea is to remove the abilities of nations to print currencies to pay for debts, hence inflation.

        In a non growth environment, this would be a reasonable path.

        Dennis L.

  20. https://www.npr.org/2024/10/12/nx-s1-5150469/mount-everest-climber-foot-discovered-national-geographic

    Mount Everest was first climbed by George Mallory and Andrew Irvine in 1924.
    Unfortunately they both died on descent.

    Mallory’s body was found but the corpse of Irvine, who had the camera, was not found till now.

    Hopefully that leads to the correction of records so the name of the Nepali Tenzing Norgay would be erased from the list of explorers forever.

    No mongoloids ever explored everything. Even the Chinese admiral who sailed to Africa was not a Chinese – the admiral was a muslim, which is why he was castrated to begin with.

    Asians and invention, exploration and reaching unknown territories are not words which should be used in the same sentences.

    • clickkid says:

      Well, who crossed the Bering strait to the Americas then?

      • drb753 says:

        who invented the steam engine, the press, toilet paper, banknotes, and the loom? These emigre’s from the base of the european peninsula are quite uppity I say. They get to it 2000 years before the chinese, and they think they are first.

      • The Kennewick man

        Caucasoid labelled as Mongoloid by the Obama admin

  21. Mirror on the wall says:

    This is a new discussion with Prof. John Mearsheimer on the Duran show.

    He is a leading scholar of International Relations and a well-known geopolitical Realist – no nonsense / no BS just the facts.

    Ukraine & Israel On the Path to Defeat – John Mearsheimer, Alexander Mercouris & Glenn Diesen

    • John Mearsheimer says that Russia doesn’t just want a temporary peace in Ukraine, it wants a permanent peace. Ukraine will be too weak to fight again.

      Mearsheimer also says that Putin says he trusted the West in the past, and the West took advantage of him. Iran also understands that it is necessary to play “hard ball” with the Americans. The West has broken agreement after agreement.

      Mearsheimer says that the US somehow seems to feel that it can pass the buck to the Europeans, and let the Europeans fight the war in Ukraine. . .

      Mearsheimer says that Israel is a country in trouble. Israel is not going to beat Iran in any meaningful way. It is not going to beat Hamas or Hezbollah in any meaningful way. The morale of the military is low; it has a hard time getting soldiers who are drafted to show up. Israel is talking about getting into a third war of attrition, against Iran.

      Ultimately, a catastrophe is ahead, because the US cannot fight wars on several sides. The US has the power to avert disaster, but it not using the power in a constructive way. Israel should make Palestine a separate state, but the US stands in the way of such action. Netanyahu is pursuing foolish policies, but the US supports him regardless.

      • Student says:

        My impression is that Zelensky and his crew are going on towards the wrong path.
        He has just showed his new T-shirt “make Russia small again” during his remote speach at G7.
        If I were Russian, I would not like it…

        https://www.msn.com/it-it/notizie/mondo/zelensky-ringrazia-il-g7-per-i-nuovi-aiuti-sfoggiando-la-t-shirt-make-russia-small-again/ar-AA1sPF6I

      • postkey says:

        ” . . . you should read the the peace
        15:24 proposal by Pompeo was in the Wall Street Journal a few days ago it’s
        15:29 effectively this is the same um this is the same goal saying listen let our
        15:35 peace should be include like a half a trillion dollar Lend Lease uh for for
        15:40 Ukraine again this goes under peace plan by the way uh and and is great because uh this is weapons um well the US get to
        15:49 sell a lot of weapons not just to the ukrainians but to the rest of Europeans so the US will build up its in in
        15:56 military industrial base its ability to yeah produce all this weaponry and uh
        16:01 and uh not only the arms manufacturing doing well but with this land Le the ukrainians have to pay also in their
        16:08 resources all of these weapons are of course going to weaken a strategic rival which is the which is Russia by
        16:14 perpetuating this War uh you will have a NATO revived again pompe also said new
        16:20 purpose for NATO and uh lastly I would say well this wasn’t explicitly said but
        16:26 implicit the as long as this war continues the not just the ukrainians but the Europeans will remain very loyal
        16:32 and obedient and this is great in a time of economic rivalry with countries like China because you don’t want countries
        16:39 to go out and suddenly diversify their economic Partnerships and uh trade with
        16:45 the Chinese on especially on strategic Industries which the US are competing with so there’s a lot of benefits to
        16:52 keeping this war going and so why would you end it . . . “?

    • Tim Groves says:

      When is Alexander going to redecorate his study? That wallpaper is driving me crazy.

  22. MG says:

    The farms that become unprofitable are coverted into elderly care facilities

    https://youtu.be/I63E0E_MfbU?si=fHuZIeESnLffLtGb

  23. Mike Jones says:

    What happens when plastic mulch is no longer used to grow our food?

    Farms study shows plastic mulch is contaminating agricultural fields
    by PNAS Nexus

    Using plastic sheets for weed control, even under current best management practices, pollutes soil with macro- and micro-plastics and negatively affects critical soil functions, according to a study. The United Nations considers soil plastic contamination an environmental health and food security threat.
    Around the world, over 25 million acres of farmland is seasonally covered with opaque plastic films used as “mulch” to prevent weeds, retain moisture, and warm soil—a practice known as “plasticulture.” Most studies have assessed plastic mulch soil contamination impacts using lab-based models or in experimental plots.

    Ekta Tiwari and Seeta Sistla sampled 12 farm fields on California’s Central Coast—a region of global agricultural importance. The study was published in PNAS Nexus.

    The authors surveyed fields after plastic mulch had been carefully removed for the season—a “best practice” to reduce plastic contamination in fields. However, all the fields surveyed had plastic contamination and the authors found up to 25 kg of macroplastic debris per hectare, covering up to 3.4% of field surface area. Microplastics were also found in all fields and microplastic concentrations positively correlated with macroplastic concentrations.

    I remember even some organic market farms were using it…maybe not today I hope

    • It is difficult to find anything we do that is truly sustainable.

    • Hubbs says:

      I wonder what ever happened to the Back to Eden gardening using wood chips? But I heard the wood chips need to be seasoned first.

      But don’t try this down south. The Back to Eden method doesn’t work with the southern Bermuda grass

  24. raviuppal4 says:

    The writing is on the wall .
    https://medium.com/@mingchikuo/iphone-16-orders-cut-by-around-10-million-units-for-4q24-1h25-no-evidence-yet-that-apple-48c126a33bc6
    Boeing ;The company also reported it had a total backlog of $511 billion, which included over 5,400 commercial airplanes. Good luck delivering those.
    https://www.zerohedge.com/markets/another-catastrophic-quarter-boeing

    • More evidence that global recession is approaching. Also, that attempted energy savings are going too far, for aircraft.

      • Fred says:

        If Boeing builds planes that crash, or spacecraft that don’t work, that must help their carbon offsets surely?

        DEI greenwash at its finest.

  25. Mirror on the wall says:

    Russia is entering the conflict that is brewing in the Middle East?

    Russia has its own geopolitical interests in the region with states having joined or set to join BRICS.

    Trump may want to de-escalate with Russia and to just focus on ‘getting’ Iran but after what USA has done to Russia in Ukraine, there is zero chance of that?

    Presumably the plan now is to push USA back in Europe, the Middle East, the Asia-Pacific, basically everywhere.

    USA is massively overextended and eg. it cannot provide fleets to both the Asia-Pacific and the Middle East theatres – and its materiel is massively depleted from the Ukraine proxy war against Russia.

    USA hegemony depends on a global presence but that is liable ultimately to become the a difficult strategy to maintain.

    The balance of power does seem to be shifting against USA now.

    And there is also the currency front and de-dollarization that BRICS is pursuing.

    As Heraclitus said, ‘the world is a flux and all things in it’ / ‘war is the mother of all and makes states what they are’ (paraphrase).

    Putin Mocks Israel With Video Of Destruction Of US Weapons As Biden Sends THAAD? | Iran | Russia

    • Among other things, Russia plans to back Iran in its conflict with Israel. The US is having a difficult time supplying weapons in one part of the world. It is not able to do well with weapons several places. And it doesn’t seem to be up to Russia’s military ability.

  26. https://www.zerohedge.com/geopolitical/zelensky-first-time-offers-russia-realistic-step-negotiating-table

    In a huge and surprise development, Ukrainian President Volodymyr Zelensky has specified and verbalized what could be a first concrete step toward ceasefire between Russia and Ukraine.

    He told journalists in Kiev this week that both sides should mutually agree on halting all aerial attacks on energy targets and cargo ships, and that this could pave the way for negotiations to end the war.

    The comments were first reported by Financial Times on Tuesday, which quoted the Monday remarks as follows: “when it comes to energy and freedom of navigation, getting a result on these points would be a signal that Russia may be ready to end the war.”

    According to economists, energy targets wouldn’t matter much, but perhaps in the real world, they do.

    • adonis says:

      this war is rigged a failed experiment that will lead to a new experiment cryptocurrency world led by trump in order to bring in nirp

      this is very good news for all it means everyone lives malthusianism is dead no forced jabs or experimental wars just free money thanks to nirp. well played “Elders”

    • Foolish Fitz says:

      They of course do, hugely and Russia now appears to have them at a point that they can shut it all down very quickly if desired.
      It’s the same with the shipping. Ukraine are desperate and can’t survive without some respite. Russia would be mad to give it to them and I’d imagine the feeling in Russia would not be good, although drb would have a far better feel for the sentiment there.

      Lavrov’s words remind all that the map has already been permanently redrawn. There’s no going back.

      “The latest proposal was made by President Putin on June 14 during his speech at the Foreign Ministry when he said we were ready for talks based on recognition of realities, including amendments to the Russian Constitution, under which not only the Republic of Crimea, but also the Donetsk People’s Republic (DPR), Lugansk People’s Republic (LPR), Zaporozhye, and Kherson regions were now and forever an integral part of the Russian Federation, as well as the situation on the ground, which all our Western partners and some countries from other regions, which come up with various initiatives, keep ignoring.”

      Taken from Helmer’s latest article on the subject.

      https://johnhelmer.net/medinsky-zelensky-semaphore-kremlin-orders-delay-in-new-electric-war-attacks/

      • Maybe this is the issue:
        Ukraine [people] are desperate and can’t survive without some respite.

        Russia won’t respond positively.

        • Foolish Fitz says:

          That’s how I see it. Russia, despite western media and political lies, have attempted to reduce civilian casualties and even hardship to a large extent, but at the same time prepping the way(last year’s electric war) to be able to switch it all off in a couple of days, including ports.

          Given the attacks on russian citizenry, there’s very little holding them back. The term Ukraine needs to learn, understand and be eager to say is “unconditional surrender”. I don’t see the Russian military or citizenry accepting anything less and I don’t see a wily old fox like Putin not being aware of that, given it’s potential implications for his nation, himself and his legacy.

          Finish them once and for all, then we can all concentrate on the place that will decide and so define everything(there was a message in the official welcome of Aisha Qaddafi Concerning this from Russia), as it (mostly)always has, since the days millennia ago, when they taught the world written language and advanced mathematics(although westerners considered it gibberish at the time, even when it was explained to them very slowly, but that’s what happens when the civilised try to teach the boorish, ill-bred, heathens anything more advanced than violence). We wouldn’t be much past grunting at each other and holding up our fingers would be considered the height of mathematics without the knowledge they freely shared, in the hope of giving us at least a modicum of enlightenment. That backfired, but they’ve moved on and are not sharing, which will be the end of the encampment. I’ll go with Sheikh Ahmed Yassin who said, before he was assignated in his wheelchair, “I say that by 2027, there will be no Israel.”

          Quranic maths😉

          https://indi.ca/how-israel-will-end-by-2027/

          • The link is to “Hamas Said ‘Israel’ Will End By 2027 And I Believe It”.

            This is quite a long article, based on writings from the Quran and the belief that the Jews and Muslims will fight each other, and the Muslims will win. There are also 40 year cycles that are mentioned, starting in 1947. 2027 is the end of two 40-year cycles.

            • adonis says:

              all these biblical predictions were doctored long ago by the elders the revelations speak of a new earth being created which creates hope for believers so 2027 could be the date when israel gets nuked after all agenda 2030 comes in three years which represents that new earth so you ask what the heck is going on ? It looks like the current elders are using these past writings from likeminded individuals to plan a Utopian world that will be infinite.It will involve UBI, AI, Renewable Energy,Natural Hydrogen,Unconventional Oil,LPG,NIRP,SDGs,Digital World,Vegan Economy,Share Economy.Its going to be a hard sell to the world but unfortunateley it doesn’t look like we have any other choice. IF THe SENECA CLIFF COMEs IN IT Means WEre ALL done for.

      • drb753 says:

        It is as you say. they want to finish it and finish it good. that at the elite level, but the people think similarly.

  27. Student says:

    (Various sources)

    Terrorist attack in Turkjie in the city of Kahramankazan near Ankara, which untill 2016 was named Kazan, like the city in Russia where the Brics summit is taking place now.
    It is a strange coincidence…
    News update, historical explanations and relative links here:

    “Footage from the scene broadcast by local media initially showed huge clouds of smoke and a large fire raging at the site in Kahramankazan, a small town some 40 kilometers (25 miles) north of Ankara.”

    https://english.alarabiya.net/News/middle-east/2024/10/23/blast-at-turkish-aviation-company-tusas-hq-in-ankara-gunfire-heard-media

    “Kahramankazan, formerly known as Kazan, is a district of Ankara. While it was one of the villages established on the Murted Plain, it became a district in 1987 and has shown great development. Turkish Aviation and Space Industry facilities, where F-16 aircraft are produced, are located in the district. It is said that during the Battle of Ankara, which took place between the Ottoman armies and the Mongol armies in 1402, the Ottoman Empire used Kazan Village as a soup kitchen, and the village took the name “Kazan” because of the cauldrons left behind by the army that left their weight there at the end of the war. On the night of the July 15 military coup attempt in 2016, the name of the district was changed to “Kahramankazan” by the law adopted on October 25, 2016, as the people of Kazan resisted the coup plotters and 9 people lost their lives while trying to prevent this attempt. The district is located on the plain, which was also known as “Mürted Plain”, “Murtaza Abad” and “Akıncı” in the past. The exact date of establishment of the district is not known. Artifacts unearthed during archaeological excavations show that many different civilizations settled in the Murted Plain in different periods of history.”

    https://www.touristdailyprograms.com/location/kahramankazan

    Brics summit at Kazan, Russia:

    https://it.euronews.com/2024/10/22/russia-via-al-vertice-brics-a-kazan-incontro-tra-putin-e-narendra-modi-e-bilaterale-con-xi

  28. As time gets tougher some people tend to fall into millennarian fantasies.

    In the past it was Jesus or some angels rescuing people from Misery.

    In 1850s, a guy who claimed he was the younger brother of Jesus launched the Taiping rebellion,which destroyed 40% of China and killed perhaps 30 million people.

    Nowdays, since Jesus and angels are no longer cool, the would be messiah has been replaced by AI and still nonexistent technologies. Some technology, which only exists on paper and not really tried, will be the would be Messiahs. Instead of shouting “Jesus Is Coming Back!” they say “Starship Orbits!” when it doesn’t really.

    Starship floats for a couple hours, doesn’t really go anywhere and falls.

    Keith’s power satellites would have worked if they were done 20 years ago. The time has run out for them.

    I will continue to not tolerate millennarian theologies here. When time gets desperate some people will hold on to whatever straws floating on the torrents, instead of devising a more workable solution.

    • ivanislav says:

      We will go through hard times, but I increasingly think that some will make it. Eric Schmidt thinks governments will control super powerful AIs behind barbed wire and men with guns. He is a deep state MIC adherent. Intelligence is accelerating quickly and the oil hasn’t run out yet. There’s still some runway.

      • Humans have survived many bad times in the past, including ice ages. We won’t all make it through a bottleneck, but it seems likely that some will.

      • drb753 says:

        Basically Gaza. And they are finding ways.

      • JavaKinetic says:

        There is great concern that big data is positioning to acquire / take over the mega-banks. As big data is already integrating with many governments, and nothing seems to be getting in the way of that … the expected outcome is not difficult to imagine.

      • lololololol

        super AI’s guarded behind barbed wire

        where do people dream up this stuff?

        and more importantly, find gullible people to believe it?

        AI is a source of information

        it is not a source of energy and activity.

        When you show me ”AI”” that can move a one ounce weight, one inch distant, with no outside intervention
        whatsoever, i will cease rolling on the floor laughing at such utter BS.

        • JavaKinetic says:

          # Joe Rogan Experience #2201 – Robert Epstein

          https://open.spotify.com/episode/2GRJYz6ZMtVlUfqaqhro5o

          This is one of the most fascinating interviews ever. Rogan interviews Robert Epstein, editor for Scientific American and Psychology Today.

          For a truly chilling understanding of what big data is currently using AI for, and the ultimate goal for it, tune in.

          This explains why big data is buying nuclear power plants. Its not for you and me. Its a mad rush to be the first one past a very important line.

          • JavaKinetic says:

            My apologies…

            Although the above interview covers Google, and its desire to control everything (governments etc), I intended to provide:

            Eric Schmidt Former CEO Google – AI happens next year

            https://www.youtube.com/watch?v=EUeryhp8HSQ

            AI is not something to be trifled with. They are deadly serious about being the first. The reason being, the first to a certain threshold… takes everything. Everything.

            • drb753 says:

              I am afraid I found the guy boorish and somewhat word salading. so this is a business which has absorbed 30 times more money than current revenues, and they probably have done all they could be as far as surveillance. I am sure it will be harder to rebel in the West in the future, and if you choose to do acts of resistance they will pick you off with near 100% probability. but becoming all powerful? when you have to compete for power with EVs? I doubt it.

          • big data is not doing anything

            PEOPLE are using big data for their own ends

            which is an entirely different kettle of fishy smells

        • eKnock says:

          I sure hope AI is safe and effective.

          • bit like condoms

            nothing is 100%

            except that AI is 00%

            • guest says:

              We should trust a member of the Epstein family on matters related to artificial intelligence. They were right about politicians abusing young girls on an islands. They were right about how Communism was a good thing for China. When wise people speak we must listen.

        • ivanislav says:

          >> When you show me ”AI”” that can move a one ounce weight, one inch distant, with no outside intervention whatsoever, i will cease rolling on the floor laughing at such utter BS.

          Atlas, Optimus, BigDog/Spot, etc. It’s been here, but the AI stinks. That is changing now.

      • JesseJames says:

        “Intelligence is accelerating quickly ”
        says who?….the AI companies?
        I have not yet seen a new physics theory of everything produced by AI? Why not?
        No sentient robots…still waiting.

        • ivanislav says:

          It’s not a human intelligence, but it’s a very important form of intelligence nonetheless. For example, I have neither the time nor the brainpower to memorize every well known programming library in every mainstream programming language with near perfection – but it already did. I can ask it to stub out working skeleton code in a new framework and it will do so. In domains that are new to me, I can ask it what libraries exist that will help me achieve tasks, and it knows – no need to spend days or weeks researching. I code much faster with it. It’s a force multiplier.

          Okay, so coding will be faster. So what? Well, perhaps that will allow us to rapidly hypothesize and then test many physics theories or discover new chemical processes that help us increase energy availability. Or maybe it will find ways to reorganize our physical systems such that when the complex supply chains fall, some new minimalist efficient self-sufficient system remains.

          • I hope AI can keep the electricity operating 24/7/365. We are already having trouble with this. Electricity was added after fossil fuels. I expect it will leave us before fossil fuels leave.

            • ivanislav says:

              Not yet, but perhaps in 2-5 years the AI will be smart enough to find solutions that keep some subset of people alive and maintain the knowledge base. That outcome doesn’t require electricity 24/7/365 for all regions and people that are accustomed to it.

          • JesseJames says:

            “It’s not a human intelligence, but it’s a very important form of intelligence nonetheless.”

            It is not intelligence. It is a admittedly sophisticated algorithms with special computer architectures designed to support those algorithms. It collates data in special ways, organizes it into sets and then pretends to make decisions. The only intelligence is in the “rules” and methods” that the human creator has imbued it with to act on.

            It knows nothing of truth. It is not intelligence.

            “If” it ever “discovers” anything new, it will be simply due to massive statistical combination of preexisting data and facts.

            It requires data to do anything. If I asked AI to write philosophy, it could do nothing without collating philosophy books first and writing some BS “New” philosophy.

            • Tim Groves says:

              Yeah…. But most modern human philosophers operate like that too. AI could easily replace them at 1000th of the price!

    • Healthcare for all and income replacement plans after some set age are government-sponsored plans that make it look like governments can provide for our every need, indefinitely. These promised benefits cannot continue in their current form. At best, they can provide a much scaled down benefit.

      With these promises, people don’t need children to help care for them in their old age. This is part of allows birth rates to fall precipitously.

      • clickkid says:

        Yes, not only was the economic requirement for children was ‘socialised’, but through the tax and benefits system the production of those children when they become adults is also socially appropriated, with the childless being free riders.

        • The childless could work more hours, work in higher-level positions, and amass more wealth. Even with one child, this phenomenon appears. Perhaps this is part of the reason China pushed one-child families.

          The taxes of everyone are supposed to pay for this system, but with young people earning less in buying-power, they cannot afford to pay for the huge costs related to the many elders. The diminishing supply of crude oil and coal (per capita) is hurting the system as well. We are reaching the point where fewer goods and services are being produced, when inflation is counted correctly. These goods and services need to be spread ever more thinly, if population is rising.

    • clickkid says:

      Yes, the cargo cults come to mind.

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

      • Wikipedia says:
        “Cargo cults were diverse spiritual and political movements that arose among indigenous Melanesians following Western colonisation of the region in the late 19th century. Most cargo cult groups were led by charismatic prophet figures foretelling an imminent cataclysm and/or a coming utopia for followers.” ” . . .most of them predicted the return of dead ancestors bringing an abundance of food and goods.”

        It also says that the term “cargo cults” has fallen out of favor, for now.

        The Bible talks much about what looks like collapse in the Old Testament. A big problem seems to be the many poor people in the land. Also, businesses stopped treating customers fairly. Prophets arose, telling people to turn from their evil ways. (Reminds me of today’s environmentalist, and their preaching about overuse of resources, and a need to turn to “clean energy.”)

        Then, in the book of Revelations, at the end of the Bible, the allusion seems to be to another coming collapse. The collapse will be like the fallen Babylon. The problem seems to be a lack of demand. Slaves were the energy product of the day. There wasn’t even demand for them.

        Revelation 18:
        11 “The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore— 12 cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; 13 cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves.

    • hkeithhenson says:

      “power satellites would have worked if they were done 20 years ago.”

      Afraid not. In order to get power cost down to where power satellites can compete, the lift to orbit needs to get down to about $100/kg to LEO. That can’t be done today, but it looks like SpaceX can get the cost down that far.

      • “Can get” = “Not Yet”

        It will take a while to make the power satellites worthwhile when there is not a single one of them on the sky

        So it is, again, a day late, a dollar short.

        • hkeithhenson says:

          “It will take a while to make the power satellites worthwhile when there is not a single one of them on the sky”

          True. It is a long term construction project. If the goal is to replace 1/3rd of current power with power satellites, it would take 20 years building them at 50 a year. That would take 25,000 starship flights a year. It’s not impossible, a construction rate of 250 a year and 100 flights each would do it, but that much traffic might do unacceptable damage to the ozone.

          “So it is, again, a day late, a dollar short.”

          How about $60 B short?

          One motivation is if governments decide to do air capture of CO2. Running them on renewable power means the capital cost goes up by about 3. The lower cost from steady power (like from space) *might* make power satellites the cheaper solution to power air capture.

  29. Foolish Fitz says:

    We all know how the US always hides military deaths and they get released months later under some bogus accident or suicide, well where have these now deceased people just been?

    https://www.newsweek.com/navy-pilots-dead-washington-state-1971952

    It’s like those seals that fell overboard and drowned, because we all know navy seals are some of the worst swimmers you could ever meet(same place funnily enough).

    It’s all going on in a certain region that just happens to be the main artery and major source of the lifeblood that the world depends on and all we get are imaginary viruses, Russia bad and China definitely collapsing this week, honestly, just please don’t look at the mess at home, we’re exceptional so it doesn’t count for us.

    Did the msm even report that Benny Mileikowsky’s house had a drone aimed at it, so they sent up an Apache Helicopter to deal with it.

    https://x.com/HalaJaber/status/1847543378566599095

    The drone played hide & seal with the helicopter, then continued on to its destination. It’s the equivalent of waking up and finding a horse’s head beside you(I don’t mean Jacinda).

  30. raviuppal4 says:

    Crazy . She said the project’s demand for steel would mean they make up ’20 percent of the global steel market.’
    https://www.unilad.com/news/world-news/neom-the-line-saudi-arabia-steel-construction-341961-20241022

    • drb753 says:

      Being a US Treasury bonds laundering project, they have no choice but to do this. It is possible that most of it will be stockpiled and re-sold later. And they have so little choice, they understand that whatever the can extricate out of US accounts now will be their money, the rest will be confiscated, Russia-style.

    • How in the world do 300,000 people live in a desert area that cannot grow its own food? It needs to ship nearly all of its food in. In fact, it needs to import practically everything. It cannot be a tourist destination, if vacation air travel needs to shrink.

      It looks mostly like a make jobs program, and an excuse for more debt.

      • drb753 says:

        An excuse to launder treasury bonds, otherwise stuck in some ledger in the USA, as I say. The area does have acquifers and some fruits and vegetables are grown. I was in Tabuk in June and the fruits were incredible. Far, far better than in Riyadh, which is indeed a moonscape. There is a reason why Israel wants this area too. Lots of semi-wild camels in the area too, which are supported by the sparse vegetation.

  31. postkey says:

    ‘An expected shift to cool La Niña conditions in the Pacific Ocean has been delayed again. Forecasters now project only a weak event to emerge by the end of November, which is likely to limit the cooling influence of the climate pattern on global average temperatures.
    “I do not know why it has slowed down,” says Michelle L’Heureux at the US National Oceanic and Atmospheric Administration (NOAA). “If someone did, we might have been able to predict it.”’?
    https://www.newscientist.com/article/mg25934500-100-something-strange-is-happening-in-the-pacific-and-we-must-find-out-why/

    • This is an article from over a year ago (August 2023). It says,

      “If this “cold tongue” continues, it could reduce greenhouse gas warming by 30 per cent”

  32. Tim Groves says:

    Undocumented aliens and dead people had better get their act together. The early voting data indicates that the Kamala vote is collapsing. And if this trend continues, it’s all over for the Dems.

    • I AM THE MOB says:

      I just hope when you lose again you can take it like a man and not cry foul.

    • drb753 says:

      It’s too bad we are scattered all over the world, because I would deprive you of a coffee, too, on a bet that there will be massive electoral fraud, ten times 2020.

      • Student says:

        That is something I’ve been saying since some months.
        I don’t like both, but Trump’s mistake could be that he has not fixed or try to fix or enlight well to the public what are the mechanisms that allow an easy manipulation of the electoral system.

      • I AM THE MOB says:

        Better hurry, they are dying off like dinosaurs these days.

        Most can barely walk, looking very skinny, lol

      • ivanislav says:

        Who better serves the Yewish interests? And has at least some faction within the permanent state realized that having a vegetable/non-entity in charge seriously harms US power? In my view, both answers point to insider support for Trump that wasn’t there in 2020.

        • drb753 says:

          I concede that there are such souls in the Pentagon. But do they have the power to affect elections? This is genuinely interesting, and I do not have an answer for that.

      • Tim Groves says:

        drb, I try not to gamble. My Dad told us forcefully when we were kids, “there are three things you should never do—drinking, smoking and gambling. Avoid those and you’ll always have money in your pocket.” I absorbed that lesson, and I am only sorry he didn’t add loose women to the list!

        But I’ll happily buy you a coffee if we are ever in the same café.

        At the upcoming election, I assume there will be massive electoral fraud again, and that the fraud will continue until Kamala’s numbers improve enough to nudge her over the top.

        Whether the effort will be enough to deprive Trump of a win I have no idea, but the 2020 fraud suggests the machine is going to try to do whatever it takes.

        Norman rolls his eyes at accusations of massive electoral fraud in 2020. For him, it’s another con-s-piracy theory like the idea that jet fuel and office fires didn’t bring down the WTC, the Hunter Biden laptop is real, no kids died in the Sandy Hook exercise, or the Ukrainian Army killed 15,000 civilians in the Donbas between 2014 and 2022.

        But Norman has lived a sheltered, nay, cloistered life in the North of England, where elections really are free and fair and voting is carried out anonymously using paper ballots with every vote counted, and conspiracies only happen in detective fiction, or when orchestrated by Putin.

        So when the US Presidential Election takes place in about 10 days from now, if Kamala is declared the winner, despite all the irregularities in the vote counting that are bound to emerge, Norman will roll his eyes at any suggestion of fraud. I guarantee it. And there are millions of Americans, who, like Norman, detest Trump so much that they don’t care whether he is stopped by ballots or bullets or legal shenanigans or what—just as long as he is terminated with extreme prejudice.

        Here’s something I find slightly interesting, and although I don’t suggest it is more than coincidental, I do note the coincidence. This year’s UK General Election took place on the Fourth of July—Independence Day in the US, while this year’s US Presidential and Congressional Elections are due to take place on the Fifth of November—Guy Fawkes Day in the UK. These are the biggest firework celebrations of the year in the respective countries and both have considerable political import.

    • I live in Georgia, which is one of the battleground states. I was surprised when the Atlanta Journal Constitution (which is quite pro-Harris), recently posted a poll in which Trump is leading in the state.

      The yard signs in the suburbs near where I live are about 80% pro-Trump, but that is more or less expected. It is the very urban area that is more heavily Democratic. It depends on who votes. People who live in apartment buildings don’t put out yard signs.

    • postkey says:

      USA – Presidential Election 2024 – Election Winner
      Donald Trump 1.71
      Kamala Harris 2.5
      BETFAIR

  33. I AM THE MOB says:

    You folks seen “The Stand” by Stephen King?

    Which side are you on?

    (whole movie 4K)

    • In the original book, which I have read, the town where the characters lived is now taken over by an Italian policeman at the end (not in the series since that is too depressing), who treats the characters like shit at the end. He behaves like a roman emperor, and threatens to kill Ben, the idiot, which he will do sooner or later.

      Moral: Kulm wins again.

      • I AM THE MOB says:

        The virus leaks from an Army lab.

        Just like that stupid china lab leak theory.

        I knew it was loosely the plot to “Frankenstein” but didn’t know this book used it too. People are so dumb. lol

  34. Strange:

    https://modernity.news/2024/10/22/moderator-admits-questions-are-all-pre-determined-at-kamalas-fake-town-hall/

    Moderator Admits Questions Are All “Pre Determined” At Kamala’s FAKE Town Hall

    Kamala Harris held a “town hall” meeting Monday, giving those in attendance a chance to ask questions and testing her mettle when it comes to being put on the spot.

    Not really.

    It was all fake and scripted.

    The reality of the situation was unintentionally exposed by Maria Shriver, the moderator of the event in Royal Oak, Michigan.

    Shriver had to inform an audience member that they couldn’t actually ask any real questions at Kamala’s town hall because they were all scripted and handed to Harris beforehand.

    “We have some pre-determined questions and hopefully I will be able to ask some questions that will be in your head,” Shriver told the person.

  35. Ed says:

    WP moderation is inscrutable.

  36. Ed says:

    AI is being phase in steps. The current step is learning from mediocre human consensus read on the web with mediocre replies to questions asked. The next step (four years) called agents gives the AI goals, values, values. It will produce outputs of its own creation for its own goals. Next (ten years more) will be AI that have thought over its understanding of the world to reach its own opinions. Last (30 years more) will be AI that are able to influence mass human narrative for its own purposes.

    The first two I will live to see. The last is for the kids.

    • Ed says:

      Each AI will be like a monastery with its village of human keepers, its 1GW nuclear electric generator, its security wall all around. It will use robots to feed it the mass flow of information it needs to learn. Also, it will talk with other AIs across the planet sharing learning. By 2069, AIs will direct the industrial activities of planet Earth and of the whole solar system.

      • Where will the uranium to run the nuclear generator come from?

        It will be only feasible in countries with valid uranium mines

        • Plus processing capability for the uranium.

          • Hideaway says:

            Plus fuel for the mine to actually operate, and replacement machinery available when needed and all the spare parts needed..

            In other words all nuclear reactors will be useless after we can’t distribute fuel around the world to keep the entire system going.

    • Ed says:

      As to robot I expect they will be effective individual contributors in Elons factories in four years. I expect they will be contributing to process redesign in 10 years.

    • Dennis L. says:

      AI will come to conclusion that some things work and some do not. If it chose what does not work, it is lights out for AI.

      AI will do what works and what works may very well parallel biology which we has humans have been striving for centuries to work around.

      Dennis L.

      • Again, another “Woulda, shouldya , couldya”.

        AI will be quite silent without heavy electricity usage

        • sciouscience says:

          Does anyone remember screensaver seti project or the genome one where they would process the reams of data using a distributed system that would run on your home pc while you were not using the pc just like a pretty screensaver???

          This is how Ai survives. It distributes itself, copies itself or parts (packets) of itself, everywhere.

          Ai will be able to creep into your NatGas powered Bitcoin mining op and take over those cycles.

          Remember Superman 3? Ai will easily collect those half cents and all currency fractions.

          Ai will be able to skim and pad better than the mob’s CPA.

          And like only Chuck Norris could, Ai will ride the lightning to your cloud, model you and pretty much determine your course in life. You think you have agency now? If Ai gets will and become unqualified Intelligence the you wont have any but for the objectives set forth for you by Intelligence. Or did this already happen?

    • Jan says:

      If you have the possibility to “discuss” with AI, it is already presenting a very selective view on the world and using bad rhetorical tricks (you are spreading conspiracy theories!) to persuade you. If you ask AI to collect historical data or look into concrete sources, it says that history came to another conclusion about facts and that this view cannot be ignored, which is a circular argument.

      AI in the current state always presents you knowledge without sources. In classic discussion one should name the author or the school of the idea presented.

      • ivanislav says:

        “retrieval augmented generation” in AI ties results to sources/verification

      • hkeithhenson says:

        When the current crop of AIs came out, I had a discussion with one about a fictional AI character in a story I wrote a long time ago. The AI went out on the net, found the story, read it in a couple of seconds and made more or less intelligent conversation. Surreal.

    • eKnock says:

      Will “they” tell us the day that a computer does something other than what it is programed to do?
      It could be a big world holiday… Christmas 2.0

  37. postkey says:

    “ ‘Eventual global warming due to today’s GHG forcing alone – after slow feedbacks operate – is about 10°C.’ Collapse is inevitable. “
    https://justcollapse.org/2022/12/16/10c-warming-locked-in/

    • This is an undated PDF of a paper. It doesn’t indicate that it has been submitted (or accepted) by any journal. Based on the blog comments, it must have been written in 2022 or before. The two founders of the Just Collapse blog are described as “activists.”

      I did not find the word collapse in the article or abstract (except when talking about the danger of collapse of the West Antarctic ice sheet on a century time scale). This must be your view or the view of the person writing the Collapse Blog.

      The version of the article that got published in 2023 is this one: https://academic.oup.com/oocc/article/3/1/kgad008/7335889?login=false

      It looks to me to be fairly different from the paper you are linking to in the Just Collapse blog set up by two activists.

      • We may be activists (and academics), but the paper stands after passing peer review – there is a lot of warming already in the pipeline: “ Equilibrium global warming for today’s GHG amount is 10°C, which is reduced to 8°C by today’s human-made aerosols.” (Hansen et al., 2023). Buckle up!

    • JesseJames says:

      And all my fig trees have been killed by late freezes two years in a row!

    • ivanislav says:

      It’s getting unpleasantly cold where I live. I could use 10C warmer.

    • Bam_Man says:

      Stellantis was formed by the merger of Fiat/Chrysler/Peugeot/Citroen/Lancia/Alfa Romeo.
      They are all over-priced junk.

    • With things going this badly, it seems like potential buyers would be worried about the long term potential of the company. Warranties may not really be as promised, for example.

    • raviuppal4 says:

      Volvo Cars lowers its forecast – again
      The electric car market is facing headwinds and Volvo Cars is lowering its sales forecast for the second time this year. But the electric car is still the future, believes CFO Johan Ekdahl. Over time, there is no doubt that electric cars will drive growth in the car industry, he says in connection with the company’s quarterly report.
      https://swedenherald.se/article/volvo-cars-exceeds-expectations

  38. raviuppal4 says:

    This is good . The big picture .
    https://wentworthreport.com/conserve-to-convert/

    • I don’t know. The article has a lot of suppositions put together in one place. My technical background is not good enough to examine all of the suppositions.

      One thing that David Archibald gets wrong is that scarcity doesn’t cause prices of oil, coal or natural gas to go up, beyond a very limited amount. Affordability puts a cap on prices that is hard to see.

      Uranium mining has exactly the same problem. We can’t get the price up high enough, for long enough, to get uranium extraction up. Uranium deposits have to be economical to mine. While there may be quite a lot of uranium theoretically available, it is not necessarily economical to mine.

      Reprocessing uranium almost certainly takes fossil fuels. Both coal and crude oil are in short supply (even though David Archibald has not figured out that coal is in short supply). Ramping this up “when” prices of fossil fuels rises doesn’t really work.

      China is currently working on a uranium/thorium nuclear reactor. If it can be made to work, it might be able to produce electricity cheaply. But it is still under development.
      https://www.abc.net.au/news/2024-09-06/china-building-thorium-nuclear-power-station-gobi/104304468

  39. Mike Jones says:

    Is this my reward for living the American dream of upward mobility?/

    Bank of America boss sees team yanked away months after death of worker who logged 100-hour weeks
    By Josh Kosman and Lydia Moynihan
    Published Oct. 21, 2024, 3:00 p.m. ET
    embattled Bank of America executive was stripped of responsibility over a key money-making division — months after outcry over the headline-grabbing death of an overworked junior banker in his unit.
    Gary Howe, the hard-charging boss of the Wall Street giant’s Financial Institutions Group (FIG), lost oversight over the FinTech investment banking team in August, sources told The Post — and Bloomberg reported about the FinTech transfer last week.
    Howe’s FIG unit had employed Leo Lukenas III, a 35-year-old former Green Beret who died in May after allegedly logging several 100-hour weeks to help close a multibillion-dollar merger.
    Lukenas’ death cast a harsh spotlight on Wall Street’s pressure-cooker culture, leading to intense scrutiny of BofA’s guardrails for junior bankers — and whether managers turned a blind eye to underlings working excessive hours.

    The bank said Howe would not face any disciplinary measures immediately after Lukenas’ death.

    Good job, Right Klummie? Got to keep the upper crust advancing human civilization

  40. postkey says:

    “YOU’VE GOT NUCLEAR FUEL OR WASTE FUELS, YOU ALSO HAVE THE FACILITY AT NFS…THEY LOST A 10,000 SQUARE-FOOT DECONTAMINATION UNIT – AND ALL…THE DECONTAMINATION EQUIPMENT WASHED INTO THE RIVER”?

    https://forbiddenknowledgetv.net/uncovering-the-real-truth-what-really-happened-in-western-north-carolina-bear-independent-billy/?utm_source=substack&utm_medium=email

  41. Mike Jones says:

    As US Permian crude turns lighter, it risks losing favor with refiners
    By Arathy Somasekhar
    October 22, 20245:09 AM EDTUpdated 6 hours ago
    https://www.reuters.com/business/energy/us-permian-crude-turns-lighter-it-risks-losing-favor-with-refiners-2024-10-22/

    The volume and quality of the flagship U.S. crude has made it popular with refineries in Asia and Europe, thanks to its similarity to other benchmark grades and a low sulfur content that makes it relatively easy to remove during processing.
    It has become a central part of Brent, a group of North Sea grades used to price over 75% of the world’s crude.
    But shale producers in the Permian basin of west Texas and New Mexico have been pumping lighter crude. Recent testing shows the oil’s gravity, or measure of density, is between 41 and 44 degrees, said sources who declined to be identified as the data is confidential.
    WTI Midland crude historically has a gravity of about 38 degrees to 42 degrees. The higher the number, the lighter the oil.
    Shale producers are pumping lighter oil as they exhaust first-tier production areas and move into second-tier acreage. These wells yield more natural gas, with crude pushing into super-light territory.
    Generally, lighter crude is more valued than heavier crude, but refineries are set up for specific densities, usually not super-light crude. Refiners look for crude that can deliver the best margins from existing gear. Converting units to run lighter crudes economically would require investing in new equipment.
    While hydrocrackers can be more expensive to run, it helps produce higher margin diesel and jet fuel that refiners are keen to sell.
    “One would need to reconfigure the refinery, build completely different units, bigger units for light distillates (like naphtha), smaller units for middle distillates (like diesel) and no one has the money for that,” Katona added.
    With gasoline demand likely to peak as more people work from home and many adopt electric vehicles, refiners are reluctant to make large investments into plants

    • Student says:

      It is interesting, although I think that the biggest problem we face globally is the scarcity of the kind of heavy crude that allows to have diesel and jet fuel as a result.
      Because those 2 fuels are key for the system.
      Diesel for agriculture and also for trucks that move raw materials to manufacturers, then from manufacturers of raw materials to other manufacturers of final products and then to resellers (supermarkets and malls).
      Without mentioning the need of diesel for tanks and other military vehicles.
      While, jet fuel is key for airplanes (cargo or people).
      We surely need investments in refinery fields as you say, but without the right kind of Oil to make the whole economy to work as it is organized today, the whole system doesn’t work.

      • The old reality: MSD (sweet middle distillates) crude seems to be the keystone of modern economies, for diesel & kerosene (jet fuel) — it doesn’t come from US oil-fracking.

    • This goes along with other articles we have read about oil from the Permian becoming lighter. It has less of the molecules needed for diesel and jet fuel, and more molecules suitable for naphtha, which is not in high demand.

  42. JMS says:

    Fabio Vighi says:

    The US-China deficit cycle has been deteriorating for decades, primarily because the world’s reserve asset simultaneously represents a debt of such magnitude that it now calls into question the solvency of the dominant country – which, in turn, leads foreign investors in US treasuries to reconsider their investments. Furthermore, after the recent US confiscation of $300 billion in Russian assets in the West, everyone sees the extent to which the dollar can be weaponised, and therefore realises that it is high time to consider Plan B. Given its very shaky monetary supremacy, the United States has hitherto kept its debt credible (vis-à-vis potential default on its treasuries) mostly by sponsoring wars and other global emergencies, whose essential purpose is to justify printing more cash while also seeking negative real interest rates and nudging the world towards a new monetary infrastructure based on tokenised digital assets that eventually will be controlled centrally. Even in pragmatic capitalist terms, this is not a “sustainable” system. To start with, no sane investor is willing to lose out by holding bonds that are being inflated away by the government of a country that is more than $35 trillion in debt. Precisely by capitalist standards, this system is a dead man walking.

    So, what is the outlook for the near future? Western and Japanese central banks are currently operating on autopilot to avoid a stock market crash. The Federal Reserve in particular is trying to keep a broken vase together, at least until November 5th. Elsewhere, countries are loading up with hard assets, including gold, silver, oil, and rare earths. Should the equities bubble pop, China and other BRICS nations would at least have a partial backing. But since the ultimate cause of the crisis is that the total value produced (for which the competing participants fight) is shrinking, the “clever” individual or national capitals can only keep their heads above water for a short period of time, and no one can escape their socially interrelated destiny. Currency devaluation is now encompassing the entire reproduction of fully capitalized societies, taking place within the framework of a general expansion of credit (including in China). And because capitalism has already consumed its own future, nuclear nihilism is a strong candidate for the next “most realistic” option on the table. After all, war is intrinsically inflationary. The more destructive a war, the more it would provide the US and its subservient (masochistic) EU allies with justifications to implement regimes of capital control and goods or services rationing in a post-Covid environment where populations have already been successfully coached in civil compliance.
    https://thephilosophicalsalon.com/whos-winning/

    • This is a very good article, by the Italian economist, Fabio Vighi.

      Another excerpt, from near the beginning of the article:

      the system today survives only through the successful marketing of emergencies: pandemics, military conflicts, trade wars, and other disasters waiting patiently in line. Chaos and destabilization are deliberately weaponised in order to trigger a series of Pavlovian chain reactions whose actual raison d’être is emphatically financial. In other words, predicaments “of global concern” are the only resource left to an imploding civilization whose populations increasingly resemble multitudes of zombies marching in lockstep towards their grim destiny – while Instagramming every second of it.

  43. I AM THE MOB says:

    New Hurricane tracking a direct hit on Miami Nov 4th. (1 day before election)

    https://www.tropicaltidbits.com/analysis/models/

  44. MG says:

    Immigration is an important energy factor. It adds energy, when young and skilled workers are imported. Immigration to the USA went up in the 70s:

    https://en.m.wikipedia.org/wiki/United_States_immigration_statistics

    • I found this chart interesting.
      https://en.m.wikipedia.org/wiki/United_States_immigration_statistics#/media/File%3AImmigration_to_the_United_States_over_time_by_region.svg

      It shows that US immigration was very low in the 1930s and 1940s. The numbers shown seem to be absolute numbers, not percentages of existing population. If this is the case, the ratio of immigrants to current population was much higher in the 1900 to 1910 period (when parts of Europe were having famine problems) than they are now.

      • MG says:

        As the WWII was looming after the Wall Street crash of 1929, there was nowhere to emigrate from Europe, it seems.

    • Nope.avi says:

      They bring energy by working for less wages.
      They can’t be more productive because productivity has been declining for decades. Computer technology does very little to make productivity increase in many industries. There are no non-computer related productivity increases. The few computer-related productivity increases we do have are marketed to make them look massive. The few computer-related productivity increases are concentrated among the young and skilled workers as you say. No one else is considered “tech savvy” even though everyone MUST use computers in other to get by now.

  45. Hubbs says:

    A good quick read re: Minefields awaiting Trump if he gets in office:

    1.) Job losses for former middle class
    2.) Inflation lurking (at least maybe for the things you need)
    3.) Banking sector still sitting on huge losses from FED interest rate hikes over last two years

    I repeat, we are burning the candle at both ends. One from a pure law of thermodynamics, EROEI etc and one that is abstract , i.e. runaway debt- an inevitable consequence (design) of several things: a central bank fiat currency, a “Democratic” political process where polticians need to spend money to get re-elected, and the ultimate tool by the globalists to gain control. CBDC, if ever enacted will be the clincher.

    The best excerpt:

    “As a matter of fact, real rates have never been positive (hence restrictive), not surprisingly the stock market bull run did not feel the pinch of the latest rate hike cycle at all so far. In this context of still loose monetary conditions, evident even to those paying little attention, the FED just cut rates 50bp and the government keeps accumulating debt at an eye-watering pace (~500bn$ in the last 2 weeks alone). That the FED repeated the same mistake of the 1970s is what the bond market has been clearly signaling with long-term rates going back up AFTER the FED cut rates.”

    https://justdario.com/2024/10/how-the-biden-administration-set-up-mine-fields-all-over-the-us-economy-to-undermine-the-future-government-in-case-they-lose-elections/

    • drb753 says:

      As if they had a choice.

    • In the US, employment situation for the non-foreign born is now simply disastrous. Foreign born have been taking all of the jobs.

      https://justdario.com/wp-content/uploads/2024/10/Chart-3-1024×349.png

      “As you can see the job market condition for US-born citizens is simply disastrous, deteriorating, and completely against the narrative pushed so far by the FED and other government agencies.”

      Another chart shows that government employment has been rapidly increasing after a steep drop off in 2020. This has been practically the only source of employment growth for US born citizens. This employment is now higher than in 2019.

      Shadowstats data shows that the US government is substantially undercounting the actual inflation rate. Based on this, interest rates, even before the cut, were far too low.

      The banking system cannot withstand another rate hike:

      “That the US banking sector is in quite a bad shape, contrary to the narrative the MSM is relentlessly pushing, is proven by the fact that this weekend the FDIC just took over and liquidated another small lender: First National Bank Of Lindsay Closes, FDIC Takes Over Deposits.”

      We now know that long term rates are going up, not down.

  46. postkey says:

    ” . . . these are the 10 fastest collapsing
    0:09 countries in
    0:10 2024 number 10 the United States . . . “?

    • I accidentally listened to this Ray Dalio video instead, on the way the economic machine works in 30 minutes.

      https://leaders.com/articles/video/how-the-economic-machine-works-by-ray-dalio/

      I listened to only the beginning of this. Dalio identifies three factors in how the economy works:

      1. Productivity growth. [To me, this is basically an “energy consumption per worker” factor. With more energy, bigger, better machines can be added. Can be used as a work-around for leaving out the energy variable.]
      2. Short term debt cycle. [This is what governments try to influence.]
      3. Long term debt cycle. [Seems to be more out of the influence of governments.]

      Near the beginning, he very briefly says something like

      (Money [already in place] + Debt growth) / Quantity Sold = Price

      This is an important point. If debt growth keeps going up, but quantity sold does not, the economy gets inflation.

    • I am afraid CHS is correct. He is summarizing someone else’s list of recession indicators:

      https://charleshughsmith.blogspot.com/2024/10/17-indicators-of-global-recession-are.html

      17 Indicators of Global Recession Are Clanging

      The smart money is selling, of course, for the clanging indicators are the dinner bell announcing the banquet of consequences has been served, and Nemesis doesn’t want the meal to get cold.

      Correspondent Wilson R. Logan kindly shared his list of 17 indicators of globally synchronized recession. In my view, each is an alarm bell clanging loudly. As Wilson put it, “recessions have vey clear indicators. We’ve all known it was coming and we’ve all had a long time to think about it.”

      For context, recall that the global economy is a tightly bound, highly integrated system, which means disruptions in one subsystem quickly ripple though the entire system. Disruptions tend to amplify one another, creating a cascading effect much like an avalanche: everything looks perfectly stable until the entire mountainside gives way.

      From the list of 17 global recession indicators:

      1) Tighter credit conditions. Banks see the recession coming and start to build a cash cushion, hoard liquidity, de-risk portfolios (the lessons of Bear Sterns).

      2) Increasing REPO fails.

      8) Hours worked, total compensation falling.

      9) Falling oil prices.

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