India’s Experiments with COVID-19
India’s Experiments with COVID-19 Shooting from the Hip Reminiscent of his demonetization effort in 2016, on 24th March 2020, Indian Prime Minister Narendra Modi, appeared on TV and declared an immediate nationwide curfew. No one was to be allowed to leave wherever he or she happened to be. All flights, trains (after 167 years of […]
Nord Stream 2 Operator Warns Warships and Planes Threaten the Russia-Germany Pipeline Project
Nord Stream 2 Operator Warns Warships and Planes Threaten the Russia-Germany Pipeline Project The US is trying to prevent the project from being completed through sanctions and pressure on Germany. A senior official from Nord Stream 2 AG, the project company leading the Nord Stream 2 Russia to Germany natural gas pipeline project, has reported an […]
As temps rise, so do water protector arrests
As temps rise, so do water protector arrests AITKIN COUNTY, Minn. — Spring is bringing the heat to opponents of the Enbridge Line 3 tar-sands oil pipeline, as levels of arrests and citations for demonstrations against the private Canadian infrastructure project rise faster than at any time since construction began on it in December. The […]
“Them” and “Us”: Shifting Perspective on Responding to the Ecological Emergency
“Them” and “Us”: Shifting Perspective on Responding to the Ecological Emergency “We cannot keep drifting apart into two separate tribes with a separate set of facts and separate realities with nothing in common except our hostility for each other.” (Mitch McConnell). I’ll get this out there before we go any further: the idea of there […]
Grace Olmstead’s Uprooted Idaho, and My Own
Grace Olmstead’s Uprooted Idaho, and My Own Last summer my family and I drove right by Emmett, Idaho, the ancestral home of Grace Olmstead, author of the wonderful, if imperfect, Uprooted: Recovering the Legacy of the Places We’ve Left Behind. Idaho’s Gem County (Emmett is the county seat) is beautiful country, which it was good to reminded of. […]
Russia Warns NATO Against Sending Any Troops To Ukraine As “Frightening” Escalation Looms
Russia Warns NATO Against Sending Any Troops To Ukraine As “Frightening” Escalation Looms The Kremlin’s latest statements out Friday amid the potential new Ukraine crisis which has seen a serious flare-up in fighting in the Donbass region, along with what appears to be far bigger-than-usual troop movements on Russia’s side of the border, has raised […]
Running out of Ice on the Moon. How we Forgot the Problem of Resource Depletion
Running out of Ice on the Moon. How we Forgot the Problem of Resource Depletion “The Moon is a Harsh Mistress” by Robert A. Heinlein, (1966), translated into Italian as “La Luna è una Severa Maestra.” It was probably the first science fiction book for adults I ever read in my life, I still remember […]
QE During the “Everything Mania”: Fed’s Assets at $7.7 Trillion, up $3.5 Trillion in 13 months
QE During the “Everything Mania”: Fed’s Assets at $7.7 Trillion, up $3.5 Trillion in 13 months But long-term Treasury yields have surged, to the great consternation of our Wall Street Crybabies. The Fed has shut down or put on ice nearly the entire alphabet soup of bailout programs designed to prop up the markets during […]
Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air… And Then Blew Up
Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air… And Then Blew Up One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing […]
Sir David Attenborough issues a stern warning to Earthlings in his new documentary film
Sir David Attenborough issues a stern warning to Earthlings in his new documentary film Physicist Tom Murphy finds much to agree with in his review of the film: “We would keep consuming the earth until we had used it up.” No 2722 Posted by fw, March 30, 2021“In the 1970s, we started noticing extinctions taking place […]
The Problem Isn’t Human Nature, The Problem Is A Few Manipulative Sociopaths
The Problem Isn’t Human Nature, The Problem Is A Few Manipulative Sociopaths The Principia Discordia is the primary text of Discordianism, which has been described as either an elaborate joke disguised as a religion or a religion disguised as an elaborate joke, depending on who you ask. One section describes a short dialogue between the Principia‘s author “Malaclypse the […]
Crisis of the 70s Compared to the 20s
Crisis of the 70s Compared to the 20s COMMENT: Hi Marty, Your post today on inflation(when people see it coming) reminds me how things have changed from the 1970s. Then, the inflation we saw came from oil rising(Opec raising prices), unions demanding wage increases, and currencies untethered to the abandoned Bretton Woods agreement. Governments then seemed […]
US Dollar’s Status as Dominant “Global Reserve Currency” Drops to 25-Year Low
US Dollar’s Status as Dominant “Global Reserve Currency” Drops to 25-Year Low Central banks getting nervous about the Fed’s drunken Money Printing and the US Government’s gigantic debt? But still leery of the Chinese renminbi. The global share of US-dollar-denominated exchange reserves dropped to 59.0% in the fourth quarter, according to the IMF’s COFER data […]
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise?
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise? After Wednesday’s JMMC meeting ended without reaching a recommendation (as is customary and expected), the key decision-making OPEC+ meeting – where ministers will hammer out May’s output quotas – begins at 1pm London Time. As Newsquawk notes, market expectations are skewed towards an extension of current cuts, […]
