Here are some Tweets that caught my eye over the weekend on a variety of subjects.
Fear Over AI
Climate Change Hypocrisy
Attack on Supply Chains
Debt Zombies
Aging Boomers
Deindustrialization of Germany
“Good Morning from Germany, where a creeping deindustrialization is taking place. Industrial production has recently continued to fall and is now at the same level as in 2006.”
This is due to many factors: Aging population, lack of investment, overdependence on exports, and climate change madness.
Germany, Italy, and other parts of Europe are on a path similar to Japan.
This idea also plays into debt zombies.
The Houthi have won.
No amount of bombs are going to undo the fact that they have disrupted shipping to Israel. The US is reinforcing their power and painting themselves into a corner.
Strangely enough, it would be easy to get them to desist by diplomatic means: Their chief demand is humanitarian goods to Gaza, something the entire world supports, with the exception of Israel/US regime.
It’s not really population growth when you are changing the composition of the population. Growth suggests something organic and a sign of vitality, not capitulation and decay.
How do illegal immigrants declare their age? What’s to stop them from saying they are 10+ years older than they actually are, so they can draw Social Security benefits early once they become naturalized?
The US has been bombing the shit out of yemen and the houthies since 2009 when Obama started his reign of global terror and adding 5 more wars including yemen. We NEVER stopped bombing yemen and have been conducting active war operations for almost 14 years now. People waking up and becoming experts on Yemen now and thinking this is “new” is so deliciously hilarious.
Lotta dumb blind and completely oblivious people in dumerica
Totally with iuorio.
Some of the hardest working people I know are Amish and they are really good at procreating. In other words, they are not going away nor should they.
They are the future: low natural resources footprint, few emissions
In a nutshell, we are seeing the contraction of global trade, and the many economies that have depended either directly or indirectly from export-driven growth since WW2, at the expense of domestic growth, are now facing the consequences of demographic change. Namely, that whilst the upslope of the s-curve does well under export-orientated economies, as they develop, expectations rise: wages, living standards, cost of raising children through to higher levels of education. This acts as a natural break on growth. Only expansion into interstellar space can promise perpetual growth. Back here on Earth, we have finite everything, and eventually, the amount you can squeeze out dries up, and it takes an act of creative destruction, like a war or a pandemic or some other form of armageddon, to reset the system for new growth.
SPX [1M] : 2009 low to Mar 2020 close.
SPX breached Dec 2023 high. SPX [1D] failed to close above Dec 28 high. It flipped
on Jan 8. Jan 11 had a large buying tail. SPX [ 1W] might close > Jan 3 2022 high that
led to the plunge.
SPX [1M] reached DM #13 in Dec. It might take a break. When and how far we don’t know.
SPX [1M] trend line : 2009 low to Feb 2020 close. So far, no harm was done
In Gaza young unmarried women don’t have sex.They make 5/7 babies for Allah.
15Y/18Y boys want only two things in life : score against opponents and have sex. Across the border women have been gang raped, shot and killed. After 70 years of women lib women have been laid on their back and became the spoils of wars.
Hamas military targets included Israeli airfields, Elta in Ashdod, military bases, a nuke plant…Thanks to Hamas fantasia the IDF recovered, cleanse these terrorist and sausage Gaza for three months,
Gang raped?
Please adduce evidence of a case with some form of credible documentation.
German deindustrialization has the same causes as the generation-or-two prior Anglo one: Massive debasement transfers to incompetents close to The Fed.
Up until the so-called “financial crises” residential prices in Germany held fairly steady. With reported “real” (whatever that’s supposed to mean) prices dropping. Just as is properly the case for prices of any manufactured, decaying good. Compared to virtually anywhere else in the West, this was economic management (more like luck…) at a near superhuman level.
Residential property prices are as good an indicator of wealth transfers; from productive industry, to deadweight leeches, as any easily obtainable one.
Alas, by 2012 or so, negative ECB rates had put the leeches on top in Germany as well. Houses were magically “going up.” While anywhere from Frankfurt to Mallorca were full of cackling halfwits “investing” in startups, house flippers, “developers”, “entrepreneurs”, fund managers, investors, lawyers and all the other pathologies which killed off industry in the US from the 60s, 70s, 80s, 90s onwards.
Such that now: Once-German-Industry is primarily back to being colocated with that of the rest of the once-was West: In China.
De-industrialization, De-clining population, De-structive geopolitics.
Aging populations lectured by climate hypocrites invested in zombie economies with vulnerable supply lines in the midst of AI driven job losses favoring the survival of Luddite tribes. There you go-the theme for the next two decades in one sentence.
Well, traditionalists only win part of that game, their resistance to innovation constrains them, which is the point. The inverse is true of the radical wokefascists, who can’t generate stable societies as well as conservatives, but can innovate.
At first the Houthis attacked only Israeli-linked ships but then it spread to other ships not connected to Israel. I suppose they do want to help out Iran and the Gazans but the reality is they want to be paid for their magnanimity of letting ships use the Bab-el -Mandib which would give them great cashflow. Several countries and companies have been approached. For that to work the Houthis would need to distinguish between ships that have paid protection money and those who have not. Direct inspection has been shown to be fatal to the inspectors, so they rely on radio and radar at least till a couple of days ago and they don’t have radar anymore. They will have problems identifying who to attack and who to leave alone. That is their conundrum.
Seems to me a 400 satellite phone would solve that problem. Ships can call to shore to identify themselves.
The real problem is with no radar they can’t find any ships to attack. That’s why taking out the radar is key.
Maybe also a country which has all the means of effective detection could inform them, especially if they attack American ships. A kind of revenge
They could perhaps but that also brings dangers. What you have to do is to increase uncertainty to a level that the action is no longer worth the risk and all it takes is a couple of Houthi missiles hitting a Chinese, Iranian or Russian ship by “accident” for them to rethink the wisdom backing a selective blockade of an international waterway by a weird tribal group. Everybody has the right to right of freedom of navigation and innocent passage, or nobody has. That is Maritime Law.
There is one country that would fit your description, just can’t put my finger on it.
You would think so but it is very easy to hack Houthi communications and give for example an Iranian ship an Israeli identification which would subsequently be hit by a Houthi missile. With electronic warfare means, there is nothing easier with a low-tech band of assholes like the Houthi.
You might be right. I have no idea what level of tech they have. Just saying a $400 satellite phone isn’t expensive.
For that matter neither is a $100 drone that can be ordered off Amazon that can fly out a few miles offshore to confirm a ships identity.
Who owns the satellite phone companies? The US, the UK and the UAE. Would they cooperate? They already do. You can fry the electronics of a $100 drone without even trying.
Is that why the French are spending 1 million dollars a missile to down cheap drones?
The fact is, the Saudis and UAE, backed by the US,UK and France, have been fighting the Houthis for over a decade with no success. They’re obviously no pushovers.
The age distribution in China has many factors. A long time one-child policy that resulted in women giving births to males far more than females. Industrialization that encouraged women of child-bearing age to seek college education and work instead of raising children. Authoritative government. Debt. Xenophobia.
The fact remains, and it’s unpalatable in the work world, is that women can’t do all the same jobs as men as well as men can; similarly, men are crap at having babies. Men without wives and girlfriends to care for them, become economically and socially dyfunctional. Without traditional gender roles and balance, society disintegrates socially and economically. Given free choices, it’s well established that women tend to choose some (i.e.: nurturing) professions more than men do: “Mother” nature.
Is xenophobia a woke vocabulary for cultural homogeneity? Asking for a friend.
Kerry’s head should be preserved in a block of ice. Mish, FYI Marengo Illinois is – 10 degrees F at the moment, quite normal for mid-January.
The walking dead (economies) is coming to a country near you.
If some were bicyclists in life then we can use them to generate electricity. They never get tired.
If they could generate power from hot air and bullshit, the media, university, and political class would solve the climate crisis in no time.
On that issue of population growth, the one region not included and showing massive growth among younger demographic is Africa. If demographics are destiny, African nations who can build the institutions and infrastructure will own the future. But is there really any candidate nation in Africa to come close to being able to pull that off?
There isn’t a country in Africa that can feed itself.
Yeah. Won’t happen.