|
Post by missouriboy on Mar 19, 2021 19:54:25 GMT
|
|
|
Post by Ratty on Mar 21, 2021 10:51:38 GMT
In this Climate Discussion Nexus "Backgrounder", Dr. John Robson warns of a weird convergence between the Green movement's "Net Zero" plan and the Chinese Communist Party's "Hundred Year Marathon" plan, both of which would leave the West crippled by rejection of fossil fuels by 2050
|
|
|
Post by walnut on Mar 22, 2021 0:44:05 GMT
|
|
|
Post by Ratty on Mar 22, 2021 1:22:24 GMT
Tucker Carlson and American liberal feminist author Naomi Wolf discuss the totalitarian state we are facing ....
Australia is heading the same way!
|
|
|
Post by missouriboy on Mar 22, 2021 1:28:38 GMT
|
|
|
Post by missouriboy on Mar 22, 2021 1:36:27 GMT
They seem to have forgotten to ask ... What do the various Syrian factions want? But I guess it doesn't matter.
|
|
|
Post by Ratty on Mar 30, 2021 16:57:08 GMT
Hostages of the CultProfiles in wokeness: Dr Howard Bauchner, editor of JAMA; Richard Deverell, director of the Royal Botanical Gardens; and General Richard Clarke, commander of SOCOM
|
|
|
Post by missouriboy on Apr 8, 2021 3:27:15 GMT
Peter Schiff has been right before. If he's right this time, we may be seriously screwed.
Peter Schiff: Fed is trapped; will either bankrupt the government or the American people (Pt. 1/2)
|
|
|
Post by sigurdur on Apr 8, 2021 13:22:01 GMT
Yep
|
|
|
Post by missouriboy on Apr 9, 2021 4:14:16 GMT
And Another Set of Opinions ...
The Feds are Creating a Liquidity Tsunami
|
|
|
Post by missouriboy on Apr 10, 2021 4:11:55 GMT
|
|
|
Post by sigurdur on Apr 14, 2021 6:01:52 GMT
|
|
|
Post by walnut on Apr 14, 2021 13:00:24 GMT
Because economists don't apply for research grants. Otherwise, you bet!
|
|
|
Post by missouriboy on Apr 14, 2021 13:43:18 GMT
There is probably a term for this in economics, BUT shouldn't all modeling outputs (THE COSTS) be compared to scenarios where the underlying assumptions are totally wrong? For example, if the underlying assumption of CO2 as THE (A) primary climate driver, is not correct, what does this mean to the output scenarios? Not only are the REAL drivers (and thus, results) unaffected, BUT resources that could have been applied to mitigating REAL effects, are no longer available. Preparations made for the sub-tropics may not perform to expectations in the sub-arctic.
|
|
|
Post by missouriboy on Apr 25, 2021 8:05:02 GMT
Where We Are - And Where We Are Going. An opinion from the Durden Report www.zerohedge.com/news/2021-04-24/whatever-happened-imminent-banking-crisisIn the aftermath of the 2008 financial crisis, many of us in the hedge fund industry expected continuing fallouts from the unresolved imbalances that were papered over with monetary and fiscal stimuli by governments and central banks. These measures failed to address, let alone resolve the systemic causes of the crisis. One of their consequences was a further weakening of large western banks, particularly the European ones. A new banking crisis was widely anticipated. Last June, Alasdair Macleod wrote that the "Next significant event therefore will almost certainly be the failure of a G-SIB if not in America, then elsewhere." [G-SIB = global systemically important bank]. In my recollection, Deutsche Bank for one, has been on a death watch at least since 2016, but the list of banks that should have collapsed already is long and full of household names.
Indeed, things looked very bleak when the Coronavirus pandemic struck and they deteriorated sharply from there. Yet, the banking system is limping along and no crisis has yet materialized. How to explain this? Last September I gave an interview on Renegade Inc. and went out on a limb with a hypothesis that only dawned on me about that time. Namely, I grew up in former Yugoslavia in the socialist regime under a one party system (Communist party, of course). The world I grew up in was pretty much one chronic crisis of stagflation which ultimately led to hyperinflation. My 'eureka!' moment happened when I realized that in spite of that state of affairs, we never had a banking crisis! No major bank failed and we had no bank runs at any point.
Namely, our government and the central bank simply QE-ed their way through the crisis and conjured up the money needed to cover the bad debts of our zombified corporations and kept the system going. By now this should all sound curiously familiar. The socialist zombie companies continued in operation and kept millions employed, many of them in bullshit jobs and thus the whole system limped along until it ultimately imploded. The money printing kept the system undead but the ultimate consequence of unchecked QE - hyperinflation and currency collapse - could not be avoided.
Once I realized this is where we are headed presently, I looked up again Mario Draghi's 25 March 2020 Financial Times OpEd and sure enough, it was all there. At the time I took Draghi's article merely as a reassurance to the markets in his own "whatever it takes" style. But upon revisiting his words it is clear that he was actually announcing and justifying a new financial regime: a full and permanent transition from whatever was left of a free market system to a full socialist system where political expedients and central planning replace market mechanisms. Mario Draghi's OpEd - www.ft.com/content/c6d2de3a-6ec5-11ea-89df-41bea055720bAnd it seems that this is where Washington is taking US as well.
|
|