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Live Now

Live Now

“If you’re in your last 10 percent of time with someone you love, keep that fact in the front of your mind when you’re with them and treat that time as what it actually is: Precious.” ~ Tim Urban

I am about to post the 1000th “Live Now” post in the Prepping for NTHE Group today. It is special for many reasons. Most importantly is how precious the time we all have left is. Another journey awaits me soon and I am poignantly aware of how important this time spent out in nature is, and I eagerly look forward to getting away from the city for awhile. My outlook is tempered by the fact that one never knows when the last trip will be, so it is imperative to treasure and cherish these days of leisure.

I have been feverishly adding new scientific peer-reviewed literature to these pages this week, with almost 300 new articles added. 55 articles were added to the Climate Change and Collapse file alone! My efforts to get the message out to Live Now have never been more important. So many people procrastinate the things they want to do, often putting nonsensical items in front of more important endeavors. You’ll notice that I have also updated most of the articles I have written here with some of these new links with yet more incontrovertible evidence of our collective trajectory.

if this is the first article you’ve read here, I encourage you to read my first post on what this blog is all about to get acquainted with where we are as a species and the predicaments we face.

I have also added a brand new file, Invasive Species, to allow for a new category of articles which is increasingly causing a myriad of issues and previously did not truly fit into any other category. I previously assigned many of these articles to the Agriculture & Food and Water Security file or the Species and Biodiversity Loss file.

Hopefully these updates find you alive and well and that you are enjoying the beautiful spring here in the Northern Hemisphere or a colorful autumn if you are in the Southern Hemisphere.

Our rapid ascent in energy and resource use has distorted our view of “normal”

Our rapid ascent in energy and resource use has distorted our view of “normal”

The new reality warns we are on a collision course with Earth’s finite limits —

Tom Murphy

“The delirious ascent in energy and resource use witnessed over the past few centuries has been accomplished via the rapid, accelerating expenditure of a one-time inheritance of natural resources—a brief and singularly remarkable era in the long saga of human history. It has produced a dangerously distorted impression of what “normal” looks like on this planet. …Thus far, heeding physical boundaries has not been necessary for the most part, as the scale of human endeavors has only recently become significant in a planetary context. We are now entering into a new reality: one in which our ambitions are on a collision course with natural limits on a finite planet. It is a slow-motion trajectory that has been apparent to some for an embarrassingly long time*, but not yet acute enough to have grabbed the lasting attention of the majority. [*D H Meadows et al. The Limits to Growth: A Report for the Club of Rome’s Project on the Predicament of Mankind. Universe Books, 1974]” —Tom Murphy

Tom Murphy is an associate professor of physics at the University of California, San Diego. Murphy’s keen interest in energy topics began with his teaching a course on energy and the environment for non-science majors at UCSD. Following his natural instincts to educate, Murphy is eager to get people thinking about the quantitatively convincing case that our pursuit of an ever-bigger scale of life faces gigantic challenges and carries significant risks.

…click on the above link to read the rest of the article…

Mette Frederiksen, Boris Johnson: Reject Industry PR, Ban Glyphosate, Protect Public Health! 

Mette Frederiksen, Boris Johnson: Reject Industry PR, Ban Glyphosate, Protect Public Health! 

On 9 April 2021, retired physician and health and environmental campaigner Dr Rosemary Mason wrote to the Danish Environmental Protection Agency (DEPA). She wanted to draw the agency’s attention to the findings that indicate the glyphosate-based herbicide Roundup causes high levels of mortality following contact exposure in bumble bees (glyphosate-formulated herbicides are the most widely used weedicides in agriculture across the globe).

This, Mason argued, has led to a decline of bumblebees in Denmark. She asked the agency why it had used “fraudulent science” on glyphosate from the European Commission and the European Chemicals Agency, which in turn take their ‘science’ from Monsanto/Bayer, rather than from the direct observations of The Danish Nature Agency.

Mason’s correspondence focused not only on the destructive environmental impacts of glyphosate but also on the devastating human health aspects.

In relation to sanctioning the continued use of glyphosate in Europe, Mason has previously noted that it was totally unacceptable, possibly negligent or even criminal, for the European Union to have allowed a group of plant scientists on the Standing Committee on Plants, Animals, Food and Feed (PAFF) – whose knowledge of human physiology was so lacking that they did not recognise that glyphosate has effects on humans – to make decisions that affect human health.

PAFF’s role was pivotal in the decision to re-licence the use of glyphosate in the EU in 2017.

To date, aside from the DEPA acknowledging receipt of Mason’s letter, there has been no response to the issues raised.

As a follow up, Mason has sent the latest insights to DEPA on the Monsanto-Bayer lawsuits in the US. Three cases brought by Lee Johnson, Edwin Hardeman and Alva and Alberta Pilliod have already gone to trial. In each case, the courts found that Roundup caused their cancers and that Monsanto hid the risks of its product.

…click on the above link to read the rest of the article…

Disoreder Will Come–As Confucious Warned

DISORDER WILL COME – AS CONFUCIUS WARNED

 

When bubbles burst, we will discover how very few superior men there actually are – as defined by Confucius:

“The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility of ruin. When all is orderly, he does not forget that disorder may come. Thus his person is not endangered, and his States and all their clans are preserved.” – Confucius

Superior man can exist at many different levels in society, not necessarily linked to money or investments. There will be many people without money who are prepared at an intellectual or psychological level. These people are probably the happiest since sadly many wealthy people worry about their money all the time rather than enjoy it.

In this piece I am talking primarily about preparedness in relation to one’s wealth.

PS Important Postscript at the end of the article.

FOCUS ON WEALTH PRESERVATION

The investors we meet in our business are people who are risk averse and therefore very much focus on wealth preservation. These investors buy physical gold because they are concerned about the excessive risks in markets. They want to protect and insure their wealth against unprecedented financial and currency risk. Like ourselves, these investors consider physical precious metals, stored outside a fragile banking system, as the ultimate form of wealth preservation.

But investment gold represents less than 0.5% of world financial assets. This means that a minuscule percentage of investors insure their wealth in gold. This is clearly surprising bearing in mind that over 5,000 years gold is the only money that has survived.

…click on the above link to read the rest of the article…

Egon von Greyerz, gold switzerland, inflation, risk, gold, precious metals, wealth, financial bubble, bubble, currency, banking system

Want To Invest In Farmland? Here’s How

Farmland is a “holy grail” asset class for many investors.

It’s tangible, produces income, and has inherent underlying value — making it a great inflation hedge.

It’s supply constrained. Mother Nature isn’t making any more of it  –and in total, farm acreage around the world is being lost to development, drought, etc.

Historically it’s an asset class that produces double-digit annual returns while remaining largely uncorrelated with the stock market, making it a valuable component for portfolio diversification.

And even better, it offers the chance to do well by doing good. There are increasing opportunities to convert poorly-managed conventional farmland to organic status through sustainable practices AND command much higher profits in the process. Smart farmers are now able to create superior business while healing the soil at the same time.

So, how can you get access to this attractive asset class?

Farmland investor Craig Wichner, Managing Director of Farmland LP,  explains how in this week’s Market Update. He also details out the growing number of ways regular investors like you can purchase farmland and benefit from its many attributes without having to actually become a farmer yourself.

Which is why Craig agrees that now, more than ever, is the time to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities that farmland offers in a diversified portfolio to defend against them, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

farmland, peak prosperity, investment, adam taggart, risk

Brace, Brace, Brace: Global Supply Chains, Instability and Archegos

Brace, Brace, Brace: Global Supply Chains, Instability and Archegos

You could not make this up; an unimaginably complex WW3 Techno-thriller unfolding as markets stumble and global supply chains hover on the edge of anarchy. On the other hand, maybe that’s just the way it was planned.

“The supreme art of war is to subdue the enemy without fighting.”

This morning – You could not make this up; an unimaginably complex WW3 Techno-thriller unfolding as markets stumble and global supply chains hover on the edge of anarchy. On the other hand, maybe that’s just the way it was planned.

I am not one for conspiracy theories. But… this morning… If I was a writer of trashy global-techno-World War 3 pulp fiction, and proposed the following scenario where the global economy lurches into an unprecedented period of instability – nobody would believe me:

1)    Global Supply Chains, weakened and struggling after a year of global pandemic, plus a growing shortage of microchips holding back multiple industrial sectors, are plunged into new crisis by a puff of wind causing a box-ship to skite sideways and block the Suez Canal, trapping East-West Trade.

2)    Unstable and over-priced Global Markets are spooked into a frenzy late on a quiet Friday night by the largest margin calls ever ($20 bln plus) as an Asian “family office” dumps billions of dollars of stock into the market. Collateral damage spreads, as other financial firms, (inevitably including Credit Suisse (Switzerland’s very own Deutsche Bank), and Nomura), announce material losses.

3)    As global central banks struggle to restore real growth, while trying to hold interest rates low and support commerce, and acutely conscious of how a market crash could crush global confidence – things suddenly get more difficult as confidence in equity valuations takes a massive knock.

…click on the above link to read the rest of the article…

bill blain, morning porridge, supply chains, supply chain disruptions, risk

Are We Staring At A Coming Systemic Breakdown & The End Of Capitalism?

For any problems they face, governments all over the world are now conditioned to simply deficit spend or issue new $trillions in ‘thin air’ currency.

So how in danger are we of that recklessness leading to a breakdown of the entire system?

Respected financial analyst Michael Every suspects we’re closer than most realize.

As governments continue to flood the world with debt-funded stimulus, they not only fan the flames under the social powderkeg of wealth inequality, but they are destroying their own powers in the process.

Up until the Great Financial Crisis, a dollar in new federal debt issued resulted in more than $1 in incremental GDP. But no longer:

Federal Debt Growth vs GDP Growth

That indicates the government is now at the ‘pushing on a string’ phase: it can’t grow out of its problems. Issuing new debt only digs the insolvency hole deeper at this point.

Which is why Michael agrees that now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

adam taggart, peak prosperity, michael every, rabobank, capitalism, money printing, credit expansion, central banks, monetary stimulus, growth, risk

On The Verge Of A Global Crisis: One Bank Warns Of A “Biblical” Surge In Food Prices

On The Verge Of A Global Crisis: One Bank Warns Of A “Biblical” Surge In Food Prices

Biblical, Lean, and Mean: ‘Dreams’ of an agri-commodity super-cycle

Then Pharaoh said to Joseph: “Behold, in my dream I stood on the bank of the river. Suddenly seven cows came up out of the river, fine looking and fat; and they fed in the meadow. Then behold, seven other cows came up after them, poor and very ugly and gaunt, such ugliness as I have never seen in all the land of Egypt. And the gaunt and ugly cows ate up the first seven, the fat cows. When they had eaten them up, no one would have known that they had eaten them, for they were just as ugly as at the beginning. So I awoke.”

– Genesis 41:17-21

Summary

  • Key feed and food prices have been pulled to 9-month and 7-year highs
  • We explore the ‘dream’ of Biblical scarcity; its origins and impacts; and draw comparisons with Joseph, the trader and central planner who avoided starvation for ancient Egypt
  • One point is clear: global food insecurity falls heaviest on lower income, importing nations, who spend a far greater share of their income on food than the richer ones
  • The Fed would play an ironic role in this process even as it embraces fighting poverty and inequality alongside inflation
  • This could exacerbate (geo)political risk – potentially even regarding institutional architecture

Our Base Commodity Call

At time of writing, our forecasts for three of the world’s key agri commodities, soybeans, corn, and wheat are as follows:

The First Big Commodity Call

In the Bible, Joseph interpreted Pharaoh’s dream as meaning great abundance for seven years would be followed by an equal famine. He was then entrusted with ensuring Egypt’s storehouses were full of grain so the country could survive – which he, and it, did.

…click on the above link to read the rest of the article…

Ben Hunt: Inflation Ahead!

Ben Hunt — highly respected fund manager, author, and former professor/entrepreneur/venture capitalist — says that to be successful in managing your wealth, there’s only one question that matters:

Are we entering a deflationary future, or an inflationary one?

The strategies and appropriate investment targets for each are extremely different, so you’d better answer correctly.

Though Hunt says as long as you identify the trend “roughly” right, you should do fine. You don’t have to be brilliant with the exact investments you put your capital into. As long as they benefit from the secular trend, its massive scale and momentum will do the heavy lifting.

So which kind of future are we entering?

Hunt thinks we’re at a very important inflection point. That after decades of deflation (e.g., chronically declining interest rates), we’re now transitioning into an era of secular inflation.

The $trillions in monetary and fiscal stimulus so far, and the near-certainty of much more to come, are certainly a big step in that direction.

And with asset prices completely distorted from reality, a struggling global economy, and an inflationary outlook, Hunt thinks the coming years will be extremely rocky for investors. Lots of cross-currents, with the only guarantee being that the majority of investment predicts will be foiled — as there remain very few active investors alive who have any experience managing capital in an inflationary environment.

Which is why Hunt is emphatic that now, more than ever, is the time to partner with a financial advisor who understands the risks in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

…click on the above link to read the rest of the article…

California Begins Cutting Power To 361,000 Customers As Fire Risk Surges

Facing bone-crushing dryness and the strongest winds of the wildfire season, California’s largest utility company, Pacific Gas and Electric (PG&E) which filed for historic bankruptcy due to its role in previous infernos sweeping across the state has “de-energized certain electrical lines” in Northern California, which may result in what could be the largest mass blackout of the year.

PG&E released a statement Sunday morning, informing customers that 361,000 homes and or businesses were part of the blackout, affecting 36 counties, mainly in Northern California, starting at 10:00 PST. Listed below are the counties affected by the planned blackouts:

PG&E’s initial projection of homes and businesses that would lose power on Sunday is down 105k from Friday’s 466k estimate. The power company’s primary reason to de-energize some of its power lines is that high winds are expected on Sunday, increasing the risk for trees and or limbs to fly into powerlines and potentially ignite fires in regions of low humidity and dry vegetation.

“This event looks particularly dangerous due to a combination of factors that we continue to track,” said Scott Strenfel, PG&E’s head of meteorology and fire science, who was quoted by Bloomberg. Strong winds and low humidity were expected throughout the day on Sunday, he said.

The next round of blackouts, expected imminently, will be a devastating blow for the state, already battered by extreme weather this fire season, scorching more than 4 million acres so far. PG&E has preemptively cut power four times this season.

High wind gusts are expected for some regions in Northern California through Monday, tweeted The National Weather Service (NWS) Sacramento.

NWS Sacramento outlines a “dangerous” fire risk for Northern California through Sunday.

“Dangerous Critical to Extremely Critical fire weather conditions are expected across portions of northern California today, as strong offshore winds occur over critically dry fuels. Strongest winds are expected tonight into early Monday morning.”

…click on the above link to read the rest of the article…

World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements

Image: World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements

(Natural News) World leaders are preparing for a second and third wave of covid-19 cases and are fine-tuning their lock down strategies which will be implemented late in 2020 and into 2021. Their planning involves the development of a new world economy, one that introduces medical fascism as a permanent way of life.

A Canadian whistle blower came forward with the plans. The whistle-blower is on the Liberal Party of Canada’s Strategic Planning Committee, which operates under the direction of Canada’s Office of the Prime Minister (PMO).

The historic lock downs have engineered mass poverty and will continue to weaken people’s financial and food security, making them more vulnerable and eventually making them more desperate to accept the new world economy and its bodily requirements.

New world economy includes universal basic income and vaccination requirements

The new world economy includes the introduction of a digital currency, a universal basic income, vaccine requirements for travel, and “The World Debt Reset Program.” A continuous cycle of lock downs into 2021 will eventually lead to an international economic collapse. Governments worldwide will offer citizens an alluring way out by promising to eliminate all personal debts (mortgages, loans, credit cards, etc.)

In the U.S. this idea has already been implemented in 2020 through the Paycheck Protection Program (PPP) – a guaranteed loan program that forgives the debt if the borrower follows specific instructions. Under an impending economic collapse, any and all loans will be forgiven if the citizen agrees to participate in the “World Debt Reset Program, funded by the International Monetary Fund (IMF). In order to get all debts forgiven, citizens will have to forfeit ownership of any and all private property, accept a universal basic income, and enroll in the covid-19 and covid-21 vaccination schedule.

…click on the above link to read the rest of the article…

Why We’re Doomed: Our Delusional Faith in Incremental Change

Why We’re Doomed: Our Delusional Faith in Incremental Change

Better not to risk any radical evolution that might fail, and so failure is thus assured.

When times are good, modest reforms are all that’s needed to maintain the ship’s course. By “good times,” I mean eras of rising prosperity which generate bigger budgets, profits, tax revenues, paychecks, etc., eras characterized by high levels of stability and predictability.

Since stability has been the norm for 75 years, institutions and conventional thinking have both been optimized for incremental change. This is an analog of natural selection in Nature: when the organism’s environment is stable, there’s little pressure to favor random mutations, as these can be risky.

Why risk big changes when everything’s working fine as is?

Absent any big changes in their environment, organisms’ genetic programming remains stable. Unlike natural selection’s process of generating random mutations and testing their efficacy and advantages over the existing programming, human organizations quickly habituate to stable eras by institutionalizing incremental changes as the only available process for reform / change.

Radical reforms are not just frowned on as 1) unneccesary and 2) needlessly risky, there is no institutionalized process to propose, test and adopt radical changes because there is no need for such a process.

Nature has such a process: punctuated equilibrium. When faced with a rapidly changing environment, organisms face intense evolutionary pressure to adapt or die. Mutations which confer a significant advantage in the new environment become part of the species’ genetic programming as those with the adaptation bear offspring who carry the advantageous adaptation. Those without the advantageous adaptation die and those with the adaptation thrive and multiply.

Once the environment stabilizes in “the new normal,” the evolutionary pressure lets up and the species returns to the stability of relatively few changes in its genetic programming.

…click on the above link to read the rest of the article…

“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections”

“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections”

European Market Regulator flags big issues, including the “decoupling of financial market performance and underlying economic activity.”

The European Securities and Markets Authority (ESMA) warned of a “prolonged period of risk to institutional and retail investors of further – possibly significant – market corrections and very high risks” across its jurisdiction.

“Of particular concern” is the sustainability of the recent market rebound and the potential impact of another broad market sell-off on EU corporates and their credit quality, as well as on credit institutions.

The “decoupling of financial market performance and underlying economic activity” — the worst economic crisis in a lifetime — is raising serious questions about “the sustainability of the market rebound,” ESMA says in its Trends, Risks and Vulnerabilities Report of 2020.

Beyond the immediate risks posed by a second wave of infections, other external events, such as Brexit or trade tensions between the US and China, could further destabilize fragile market conditions in the near term.

From a long-term perspective, the crisis is likely to affect economic activity permanently, “owing to lasting unemployment or structural changes, which might have an impact on future earnings.” The increase in private and public sector debt could also give rise to solvency and sustainability issues.

In corporate bond markets, spreads have narrowed but they remain well above pre-crisis levels, owing to heightened credit risk and underlying vulnerabilities related to high corporate leverage. There was also a wide divergence across sectors and asset classes in April and May. Across non-financials, the automotive sector suffered the largest decline, followed by the energy sector.

…click on the above link to read the rest of the article…

Is the pandemic causing an exodus from big cities?

Is the pandemic causing an exodus from big cities?

Thomas Homer-Dixon, the Canadian student of complex systems and author of The Upside of Down, wrote in his 2006 book that “September 11 and Katrina won’t be the last time we walk out of our cities.”

Today, many big-city dwellers appear to be seeking refuge in less crowded towns and rural landscapes. The wealthy, at least, are seeking “bugout” homes away from major cities as places to ride out the pandemic, the economic downturn and the civil unrest that are gripping the world. Beyond news reports, I’ve heard from friends that homes are being snapped up in eastern Washington state and New York’s Hudson Valley by coastal city dwellers looking for a refuge in turbulent times.

It’s not just residents who are leaving. The New York Times reports that retail restaurant and merchandise chains are exiting Manhattan because it is “unsustainable.” New York City no longer teams with tourists, and its office towers are largely empty. That makes for empty streets with few customers for the city’s many retail establishments. This story is being repeated in other major cities including AtlantaChicagoDenverHoustonLos AngelesSeattle, and St. Louis.

In an op-ed appearing in The Globe and Mail, Homer-Dixon explained the underlying structural problems that have opened our global society to increasing risk:

The relatively new science of complex systems shows that such tipping events are made more likely by the unprecedented connectivity in the networks that humanity has laid down in a dense web across Earth’s surface – air traffic, financial, energy, manufacturing, food distribution, shipping and communication networks, to name just a few.

This science also shows that until we manage this connectivity better – which could mean, among other changes, reducing our international travel, simplifying global supply chains and bringing some production processes closer to home – we’re likely to experience more frequent tipping events of ever-higher destructive force.

…click on the above link to read the rest of the article…

Wet’suwet’en Fear Contaminated Soil Cleanup Is Creating New Risks

Wet’suwet’en Fear Contaminated Soil Cleanup Is Creating New Risks

Waste from diesel spills by Coastal GasLink and RCMP is being dumped in local landfill.

RCMPTarpCover.jpg
Tarp covering spill site at RCMP’s Community-Industry Safety Office, which was set up last year to patrol protests where Coastal GasLink is building a pipeline to transport natural gas. Photo: submitted.

Efforts to clean up diesel spills by the RCMP and Coastal GasLink in Wet’suwet’en territory risk spreading the contamination, the First Nation has warned.

Mike Ridsdale, environmental assessment co-ordinator for the Office of the Wet’suwet’en, the central office for the nation, said the waste is being moved to a nearby landfill where it will still pose a threat.

“We’ve had two spills where the contaminants were knowingly moved into another watershed and are now threatening our water,” Ridsdale said. “This is unacceptable to the Wet’suwet’en, and our yintah (territory) should not suffer from this poorly designed remediation.”

Government officials are defending the transfer of 2,351 tonnes of contaminated soil and gravel to a nearby landfill instead of a site farther away that’s designed to take hazardous waste.

The materials came from two separate spills, one at a Coastal GasLink work camp and the other at the RCMP Community-Industry Safety Office, both south of Houston on the Morice West Forest Service Road.

Police established the remote detachment to monitor potential conflicts over the building of Coastal GasLink’s natural gas pipeline, which is opposed by Wet’suwet’en hereditary chiefs.

Each spill is estimated at about 500 litres. The spill at the RCMP detachment occurred about 100 metres from the Morice River.

The contaminated soil is being taken to the Knockholt Landfill east of Houston, which is within a kilometre of the Bulkley River. According to the Regional District of Bulkley-Nechako’s website, the landfill is suitable for residential, commercial and institutional waste, including food, wood, animal carcasses and scrap metal. Industrial waste is not accepted.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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