Tuesday, July 12, 2022

"We All Know..."

“We all know that something is eternal. And it ain’t houses and it ain’t names, and it ain’t earth, and it ain’t even the stars… everybody knows in their bones that something is eternal, and that something has to do with human beings. All the greatest people ever lived have been telling us that for five thousand years and yet you’d be surprised how people are always losing hold of it. There’s something way down deep that’s eternal about every human being.”
- Thornton Wilder

“I believe that imagination is stronger than knowledge.
That myth is more potent than history.
I believe that dreams are more powerful than facts.
That hope always triumphs over experience.
That laughter is the only cure for grief.
And I believe that love is stronger than death.”
- Robert Fulghum
“For Those Who Have Died”
“Eleh Ezkerah” (“These We Remember”)

“Tis a fearful thing
To love
What death can touch.
To love, to hope, to dream,
And oh, to lose.
A thing for fools, this,
Love,
But a holy thing,
To love what death can touch.
For your life has lived in me;
Your laugh once lifted me;
Your word was a gift to me.
To remember this brings painful joy.
Tis a human thing, love,
A holy thing,
To love
What death can touch.”
- Chaim Stern
Graphic: “Into The Silent Land”, 
by Henry Pegram, 1905
“We are travelers on a cosmic journey, stardust, swirling and dancing in the eddies and whirlpools of Infinity. Life is Eternal. We have stopped for a moment to encounter each other, to meet, to love, to share. This is a precious moment. It is a little parenthesis in Eternity.”
- Paulo Coelho

“Don't cry because it's over, smile because it happened.”

- Dr. Seuss


And we shall meet again…
Full screen recommended.
Moody Blues, “The Day We Meet Again”

The Daily "Near You?"

McAllister, Montana, USA. Thanks for stopping by!

"Holding On To Something..."

Sam: "It's like in the great stories Mr. Frodo, the ones that really mattered. Full of darkness and danger they were, and sometimes you didn't want to know the end because how could the end be happy? How could the world go back to the way it was when so much bad had happened? But in the end it's only a passing thing this shadow, even darkness must pass. A new day will come, and when the sun shines it'll shine out the clearer. Those were the stories that stayed with you, that meant something even if you were too small to understand why. But I think Mr. Frodo, I do understand, I know now folk in those stories had lots of chances of turning back, only they didn't. They kept going because they were holding on to something.
Frodo: What are we holding onto, Sam?
Sam: That there's some good in the world, Mr. Frodo, and it's worth fighting for."

- Samwise Gamgee,
"Lord of the Rings: The Two Towers"

"End of Cash? Get Your Money Out of the Bank"

Full screen recommended.
Dan, iAllegedly 7/12/22:
"End of Cash? Get Your Money Out of the Bank"
Comments here:

Gregory Mannarino, "Important Updates: Economy, Stock Market, Debt, Gold, Silver, Crypto, Crude, Dollar, MORE!"

Gregory Mannarino, AM 7/12/22:
"Important Updates: Economy, Stock Market, Debt, 
Gold, Silver, Crypto, Crude, Dollar, MORE!"
Comments here:

"The Trains Could Stop Running In The United States Literally One Week From Now"

"The Trains Could Stop Running In The
 United States Literally One Week From Now"
by Michael Snyder

"Did you know that an absolutely crippling national railroad strike could potentially start on July 18th? If this actually happens, the historic supply chain crisis that we are experiencing right now will rapidly become far worse. Each year, trains in the United States transport approximately “1.7 billion tons of raw materials and finished goods” to their ultimate destinations. If that suddenly stops happening, our economy goes into the toilet. I realize that may sound a bit crude, but that is the reality of what we are potentially facing. So we better hope that national rail carriers and the unions representing the workers can come to an agreement before next Monday

"Railroad freight traffic across the United States could come to a screeching halt July 18 if progress isn’t made on a labor contract between national rail carriers and their unions. Union officials stressed they do not want to go on strike, but argued they are being forced to consider the option in a bid to get better benefits, wages and staffing."

We aren’t just talking about a partial paralysis of rail traffic. This would be a nationwide strike, and the entire system would suddenly be frozen. At the moment the two sides are in a “cooling off period”, but that “cooling off period” will be over at 12:01 AM on July 18th…"The two sides were forced into a 30-day “cooling off period” after failing to reach an agreement working through the National Mediation Board. The cooling off period prevents unions from striking or railroads from locking out their workers while they continue to negotiate. That cooling off period ends at midnight on July 18, and a coalition of unions could choose to go on strike at that point, said Sheet Metal Air Rail Transportation union president Jeremy Ferguson."

At this point, it appears that there will be a strike unless Joe Biden uses his powers to intervene. And that is precisely what the U.S. Chamber of Commerce is asking him to do…"The U.S. Chamber of Commerce is calling on President Joe Biden to help resolve a dispute between the country’s Class 1 railroads and 12 rail unions to avert a possible rail strike beginning July 18. In a letter sent to the White House on Wednesday, U.S. Chamber President Suzanne Clark warned that the decision last month by the National Mediation Board (NMB) to release the railroads and unions from mediation and begin a 30-day cooling off period “presents a new challenge to the U.S. business community, which is already navigating a difficult environment.”

Unless the administration acts, either party is free to exercise “self-help” options - including a strike beginning at 12:01 a.m. on July 18, when the 30-day cooling-off period ends. One way or another, this labor dispute will eventually be resolved. Let us hope that it is sooner rather than later.

But the truth is that our planet is ultimately facing long-term economic problems that are far more severe than any sort of temporary supply chain disruptions. It has been said that “energy is the economy”, and it takes a tremendous amount of energy to power the standard of living that we are enjoying today.

And with each passing year, the size of the global population continues to go up. In fact, the UN just announced that the population of the world will hit 8 billion in 2022…"The world’s population will reach 8 billion in November, United Nations researchers said Monday, marking a milestone moment even as the global growth rate continues a long-term slowdown. The Earth’s 8 billionth inhabitant will be born on Nov. 15, according to the U.N.’s latest World Population Prospects 2022 report, released to mark World Population Day."

Meanwhile, the amount of energy that we are producing has started to decline. As Chris Martenson has pointed out, 2018 may have actually been the year when we hit “peak oil”

It all comes down to the amount of oil that’s available because oil is the KING of all energy sources. And the king is weak and fading…it’s entirely possible that we’ll never again see as much oil come out of the ground as we did back in 2018. That might have been the actual peak… There are warning signs everywhere that oil supplies are extremely tight and that spare capacity simply doesn’t exist at the moment. Someday oil will forever be in the rearview mirror and this is why an economic collapse is inevitable. From this point forward, it is going to be increasingly costly to get energy out of the ground.

And that means that our standard of living will inevitably keep going down. Please take 20 minutes and watch this video in which Chris Martenson goes into great detail about all of this.
You may have noticed that energy prices have been rising very aggressively over the past couple of years. And energy prices have a direct impact on what literally everything else costs. As food and other essentials continue to spike in price, that is going to cause societal breakdowns all over the globe. In fact, just this week we have seen extreme civil unrest in Sri Lanka and Albania.

Sadly, what we have witnessed so far is just the tip of the iceberg. What is eventually coming will be so much worse. Here in the United States, everyone still has plenty of food for now. But food prices have been going up and up and up.

Even Costco has had to raise prices substantially. Needless to say, a lot of people out there aren’t exactly pleased to be paying quite a bit more for chicken and soda at their food courts now…"According to Business Insider, the national price hikes on its chicken bake and 20-ounce soda were confirmed by a location in Rochester, New York, as well as food courts in other locations. The chicken bake now sells for $1 more than in June, at $3.99. The price of the soda has increased by 10 cents, up to $0.69."

A lot of people out there still seem to think that the economic symptoms that we are currently experiencing are just “temporary”. I wish that was true. Unfortunately, a “return to normal” is simply not in the cards, and global energy supplies are going to continue to get tighter with each passing day."

"Strange Prices At Meijer! What's Next?"

Full screen recommended.
Adventures with Danno, 7/12/22:
"Strange Prices At Meijer! What's Next?"
"In today's vlog we are at Meijer, and are noticing some strange price increases! We are here to check out skyrocketing prices, and a lot of empty shelves! It's getting rough out here as stores seem to be struggling with getting products!"
Comments here:
Related:

"How It Really Is"

"The lowest form of popular culture - lack of information, misinformation, disinformation, and a contempt for the truth or the reality of most people's lives - has overrun real journalism. Today, ordinary Americans are being stuffed with garbage."
- Carl Bernstein

"We All Know..."

“We all know that something is eternal. And it ain’t houses and it ain’t names, and it ain’t earth, and it ain’t even the stars… everybody knows in their bones that something is eternal, and that something has to do with human beings. All the greatest people ever lived have been telling us that for five thousand years and yet you’d be surprised how people are always losing hold of it. There’s something way down deep that’s eternal about every human being.”
- Thornton Wilder
“I believe that imagination is stronger than knowledge.
That myth is more potent than history.
I believe that dreams are more powerful than facts.
That hope always triumphs over experience.
That laughter is the only cure for grief.
And I believe that love is stronger than death.”
- Robert Fulghum
“For Those Who Have Died”
“Eleh Ezkerah” (“These We Remember”)

“Tis a fearful thing
To love
What death can touch.
To love, to hope, to dream,
And oh, to lose.
A thing for fools, this,
Love,
But a holy thing,
To love what death can touch.
For your life has lived in me;
Your laugh once lifted me;
Your word was a gift to me.
To remember this brings painful joy.
Tis a human thing, love,
A holy thing,
To love
What death can touch.”
- Chaim Stern
Graphic: “Into The Silent Land”, 
by Henry Pegram, 1905
“We are travelers on a cosmic journey, stardust, swirling and dancing in the eddies and whirlpools of Infinity. Life is Eternal. We have stopped for a moment to encounter each other, to meet, to love, to share. This is a precious moment. It is a little parenthesis in Eternity.”
- Paulo Coelho

“Don't cry because it's over, smile because it happened.”

- Dr. Seuss


And we shall meet again…
Full screen recommended.
Moody Blues, “The Day We Meet Again”

Monday, July 11, 2022

Canadian Prepper, "New York City Prepares for Nuclear Armageddon!"

Full screen recommended.
Canadian Prepper, Post #2, 7/11/22:
"New York City Prepares for Nuclear Armageddon!"
"What will the Russkies declare on July 15th and the New York nuclear PSA..."
"NYC Emergency Management shared a video today outlining the 
"important steps for New Yorkers to follow if a nuclear attack occurs."
Comments here:
"There are a multitude of fuses affixed to dozens of powder-kegs and little kids with matches are on the loose. I don’t know which of the fuses will be lit and which powder-keg will blow, but someone is bound to do something stupid, and then all hell will break loose. It could happen at any time. One military miscue. One assassination. One violent act that stirs the world. And the dominoes will topple, setting off fireworks not seen on this planet since 1939 – 1945. I can see it all very clearly."
- Jim Quinn
Related: 

Jim Kunstler, "It’s Not Working"

"It’s Not Working"
by Jim Kunstler

"This summer’s weather is perfect now in the Hudson Valley: warm, sunny days for primping the garden and cool nights that invite deep sleep. Zucchini and cukes are coming on, along with currants, gooseberries, blueberries. Unseen underground, the potatoes swell. The chickens range happily over their daily smorgasbord of bugs. At midnight, fireflies blink in the orchard. On the human side, though - commerce, culture, and politics - nothing works. At least not here in America. Sigh….

The solar electric I installed on the house nine years ago is down. It’s supposed to feed that monster called the grid. Since April, I noticed that the electric bill is creeping up way beyond the usual seventeen bucks that the electric company charges home solar producers for the privilege of feeding their system - which, let’s face it, has a downside for them because the intermittency of so-called alt-energy disorders their operations.

It’s counter-intuitive. Many people, I’m sure, assume that the more solar units feeding the grid, the better. Strangely, not so. Electric companies work much better when the production and flow of current is absolutely predictable and under their control - like, when they decide to fire up the natgas on generator number three or tune down the hydro turbines. It’s much harder to run the system with little dribs and drabs of electricity trickling in from hither and yon. But alt-energy is good PR for the government, so they do whatever they can to promote or even compel its use.

I got a whopping folio of tax breaks and subsidies from the state and federal government when I decided to put solar electric on my house in 2013, though it finally still cost a lot: $35-K. I had intimations of living through a chaotic period of history, and the decision was consistent with my general theory of history, which is that things happen because they seem like a good idea at the time. Getting a home solar electric rig seemed like a good idea.

So, last week, after considerable hassle with my solar company setting up an appointment for a techie to visit and evaluate the problem here, the guy came up (at $150-an-hour) and informed me that my charge controller was shot. The charge controller processes all those chaotic watts coming from the solar panels on the roof into an orderly parade of electrons. He also told me that my back-up batteries - for running critical loads like the well-pump during grid outages - were at the end of their design life. Subtext: you have to get new batteries.

There are four big ones in a cabinet under the blown charge controller and the inverter (for turning direct current into alternating current that is the standard for running things). The techie had some bad news, though. New building codes forbid his company from replacing the kind of batteries I have, which are standard “sealed cell” lead-acid batteries. Some bullshit about off-gassing flammable fumes. Now the government requires lithium batteries, which would cost me sixteen-thousand dollars ($16-K) more to replace than new lead-acid batteries.

Now, it’s theoretically possible for me to replace the less-expensive lead-acid batteries - they’re still manufactured and sold - but the catch is: I’m on my own getting them and installing them. I’m in the middle of that learning-curve right now. These particular batteries cost about $850-each for the four of them, plus a hefty charge for “drop-shipping” about three hundred pounds of lead and plastic. I will almost certainly go that way, though. A new charge controller will run about $2-K. All together, replacing these components represents a big chunk of change.

At the risk of sounding like some kind of pussy, I confess that this whole business of repairing my solar electric system has put me into a welter of anxiety and fury. I am trapped in the cage of sunk costs, a.k.a. the psychology of previous investment. Not only do I have $35-K (in higher-value 2013 dollars!) tied up in all this equipment - the solar panels themselves, the wall of electronic devices, the conduit, control panels, and digital read-outs - but now I have to dump thousands more into it after only nine years. It pisses me off because I should have known better. I walked with eyes wide shut into the pit of techno-narcissism.

The hyper-complexity of a home solar-electric system is extreme. There are hundreds of little integrated components that can blow, all of it adding up to a case of guaranteed fragility. There are no easy fixes or duct-tape work-arounds for any of it. I can’t make any replacement parts in my garage. They come from faraway factories via supply lines that get sketchier every day on trucks that don’t operate profitably at $6.50-a-gallon diesel fuel.

In a low-grade epiphany while going through this ordeal last week, I realized that back in 2013, instead of getting the solar electric system, I could have bought the Rolls Royce of home generators and buried a 500-gallon fuel tank outside the garage, and had a manual water pump piggy-backed onto the well, and maybe even purchased a fine, wood-fired cookstove — and had enough money left over for a two-week vacation in the South-of-France. Silly me.

Of course, these travails with my home solar electric system are a metaphor for the complexity and fragility that is, all of a sudden this year, causing the operations of Western Civ to fly to pieces. My investment in solar was as dumb as what the entire nation of Germany did in attempting to run itself on “green energy.” (Not to mention their more recent dumb-ass decision to forego imports of Russian natgas in order to please the geniuses at Tony Blinken’s State Department, the dumb bunnies.)

Of course, even when I get the solar electric back up-and-running again, something else is sure to go wrong. And in another ten years, the solar panels will be at least half-dead. So, if you’re reading this personal lamentation, consider bending toward simplicity. Wish I had."

"The 'Rape Russia' Plan Backfires" (Excerpt)

"The 'Rape Russia' Plan Backfires"
"The crowd that had trouble with Iraq, Syria, and Libya actually thought 
that Russia would be a piece of cake. That’s not merely delusional, it’s insane."
By Jorge Vilches

Excerpt: "The war in the Ukraine will be short, not long. Contrary to what todays Western casino politicians and MSM talking heads tell us to expect, come 2023 - or even before - Europeans will no longer withstand the tremendous burden that their ´Russian sanctions´ bear upon themselves, not Russia. European public opinion has become ever louder and impatient in this respect and EU politicians are getting cold feet without any solution at hand, just babble. No plan, none, no foresight… only incongruent foolish G-7 ideas such as establishing a buyer´s price cap cartel for oil & gas in a seller´s market which will never get to see the light of day. And despite some minor losses, these sanctions will continue to leave the Russian Federation basically unscathed and just collecting ever-larger revenues – due to higher induced prices - for smaller volumes of exports delivered.

This benefits Russia in two ways (a) getting paid more by producing less while saving the difference for future sales (b) it allows to finance Russia´s attrition-war strategy forever while Europeans will very soon crawl and beg for a solution to their own unbearable “Russian sanctions”.

NATO knows this. So another possibility is that the necessarily short Ukraine war goes nuclear, be it because there is no other way for NATO to possibly win or because Russia is once again forced to attack due to constantly-repeated large-caliber direct NATO-orchestrated threats. More on both possibilities later, and even a third regarding Europe´s further vassalization and possible rape. Either way, any way – it´s worth repeating – the Ukraine war will be short."
Please view this complete article here:
Related, very highest recommendation!:
Hey, YOU, Good Citizen, paid at least $53 billion in "aid" for this mess...
Might as well know the truth, don't you think?

Canadian Prepper, "I'm Not Supposed to Talk About This..."

Full screen recommended.
Canadian Prepper, 7/11/22:
"I'm Not Supposed to Talk About This..."
Comments here:
Related must read:

Musical Interlude: Liquid Mind, "Laguna Indigo"

Full screen recommended.
Liquid Mind, "Laguna Indigo"

"A Look to the Heavens"

“What's happening behind those houses? Pictured here are not auroras but nearby light pillars, a nearby phenomenon that can appear as a distant one. 


In most places on Earth, a lucky viewer can see a Sun-pillar, a column of light appearing to extend up from the Sun caused by flat fluttering ice-crystals reflecting sunlight from the upper atmosphere. Usually these ice crystals evaporate before reaching the ground. During freezing temperatures, however, flat fluttering ice crystals may form near the ground in a form of light snow, sometimes known as a crystal fog. These ice crystals may then reflect ground lights in columns not unlike a Sun-pillar. The featured image was taken in Fort Wainwright near Fairbanks in central Alaska.”

“And It Was Pointless…"

“And it was pointless… to think how those years could have been put to better use, for he could hardly have put them to worse. There was no recovering them now. You could grieve endlessly for the loss of time and for the damage done therein. For the dead, and for your own lost self. But what the wisdom of the ages says is that we do well not to grieve on and on. And those old ones knew a thing or two and had some truth to tell… for you can grieve your heart out and in the end you are still where you were. All your grief hasn’t changed a thing. What you have lost will not be returned to you. It will always be lost. You’re left with only your scars to mark the void. All you can choose to do is to go on or not. But if you go on, it’s knowing you carry your scars with you.”
- Charles Frazier

"15 Facts That Prove That The Quality Of Jobs In America Is Going Down The Drain"

Full screen recommended.
"15 Facts That Prove That The Quality Of Jobs
 In America Is Going Down The Drain"
by Epic Economist

"Do you wish you had a better job? Do you wish you had a better salary? If so, you're not alone. More than 47 million Americans have left their jobs in the past year in the search for better working conditions, a clear sign that U.S. workers are getting increasingly fed up with long-hour, low-wage jobs that leave them scrambling to make ends meet every month. Over the past decade, the quality of jobs in America has drastically declined, and the vast majority of job openings out there are for underpaid positions that don't allow workers to afford the bare minimum. That's the consequence of a long-term trend that has been unfolding for the past 50 years, when middle-class jobs started to be shipped to overseas markets. Millions of good-paying jobs have been lost in that process, and even though the population has significantly increased since that period, today, U.S. workers compete for a shrinking pool of good-quality jobs while they see the cost of living steadily going up and their purchasing power going down.

Wages are simply not keeping pace with inflation, in fact, once you adjust for inflation our paychecks have been getting smaller for years. Needless to say, all of this is absolutely destroying the middle class and eviscerating the working class. And now that the economy is taking a turn for the worse, these trends are likely to only get worse in the months and years ahead. Almost all of us know someone that is working a low-quality job. In America, working conditions can be harsh. According to a survey conducted by the RAND Corporation, 61% of American workers perform repetitive or intense physical work, which can include moving heavy loads or maintaining painful positions.

More than half of these workers are exposed to hazards such as loud environments, extreme temperatures, hazardous materials, or unhealthy air. On top of that, many working environments can be hostile. Around 20% of American workers report abuse at work. Many of them are often subject to humiliation, bullying, or harassment — from their superiors, co-workers, or customers. Many positions are hectic. The survey reported that nearly 50% work in their free time to meet workplace demands. Ten percent do so nearly every day. Twenty-seven percent of workers say they don’t have enough time to do their job, and 66% work at high speed or on tight deadlines. To make things worse, 36% have work hours set by their employers with no possibility for changes.

We have to deal with all of this and more only to collect a check every month that barely pays for our everyday essentials. Perhaps you find yourself stuck in such a situation. This can really suck the life right out of someone. No wonder why so many people are quitting right now. As the quality of jobs in America continues to worsen, we're going to see a stunning amount of families financially struggling as we move towards another economic recession. Challenging times are ahead. For that reason, today we gathered some shocking statistics that reflect the rapid decline of working conditions in the United States."

Gregory Mannarino, "A Complete Lock Up Of The System Will Occur"

Gregory Mannarino, PM 7/11/22:
(Must Watch, Please Share) "A Complete Lock Up Of The System Will Occur"
Comments here:
Related:
Peter Schiff: "We Are Running Out Of Time!"
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"The Experts Lied To You, Real Estate Now In A Race To The Bottom; Tsunami Of Home Foreclosures Next"

Jeremiah Babe, 7/11/22:
"The Experts Lied To You, Real Estate Now In A Race To The Bottom; 
Tsunami Of Home Foreclosures Next"
Comments here:
Related:

Bill Bonner, "China and The Dollar"

"China and The Dollar"
Relationship status: "It's complicated"
by Bill Bonner

"Baltimore, Maryland - “In August 1971,” writes Dan Denning in his “Dollar Report,” French President Pompidou sent a French destroyer to New Jersey to collect French gold held in custody by the Federal Reserve. This was the end of the post-World War II Bretton Woods system, where the US dollar was the global reserve currency, but backed by gold at a fixed price of $35/ounce.”

Last week, we were looking at the causes of today’s financial turmoil. The worst stock market… worst bond market… worst inflation… worst 6 months for a standard, 60/40 (bonds/stocks) portfolio ever – how did we get here? It is like an archeological dig… going down… down… down through the layers of mistakes, delusions, and wishful thinking. Was it because the French destroyer went back empty-handed? Or because Putin invaded the Ukraine? Or because Eve took the apple at the beginning of time?

The problem with digging is knowing where to stop. You keep putting in the spade and you end up in China. And yes, China is where we’re going today.

Soft Dollars: The US switched to a ‘soft’ dollar in 1971. It was a dollar that looked for all the world like the 1969 dollar. But it was different. It was no longer convertible to gold, it was a technocrat’s dollar – flexible, adjustable, and prey to temptation. It was a dollar the French couldn’t redeem for gold at a fixed rate.

New dollars are conceived in the credit market. When banks lend, they don’t actually reach into their vaults to draw down their depositors’ savings. Instead, they just create the money ‘out of thin air,’ as a bookkeeping transaction. It doesn’t matter if there are any savings or not.

Conception is the most popular part of the human life cycle. Money is no different; everybody smiles when a new dollar is born. Thus, as borrowing grew, 1971-2022, the money supply grew… and aged. As we saw on Friday, from 1971 to today, federal debt grew three times faster than GDP. And soon there was a big pile of grumpy, old debt that needed to be repaid. As long as the dollar was tied to gold, there were limits. Ultimately, dollars were redeemable for gold. And there was only so much gold. But without the link, the sky was the limit.

In addition to normal bank lending, the Fed could also ‘print’ dollars and use them to buy bonds. This ‘quantitative easing,’ QE, had the effect of putting whole legions of new dollars into service… and driving down interest rates so that even more people wanted to borrow. Ben Bernanke would crow that he had had “the courage to act,” when he used QE to stop a financial correction in 2009. But the result was a $30 trillion (total new debt 2009-2022) increase.

It was a circus of imbeciles – who thought you really could get rich by printing money. And the imbeciles were right.

Inglorious Elites: It was no coincidence that most financial assets are owned by the elite – the richest segment of the population. These were the people who run the Fed, dominate both houses of Congress, and the White House too. No wonder they were happy with the new money program. Between 1971 and 2022, it boosted their wealth – real estate, stocks, bonds, private businesses – by an estimated $72 trillion. But with all this money-printing going on, how come consumer prices didn’t go up alongside asset prices? And what about the 80% - 90% of the population that didn’t own stocks and bonds?

That’s where the Chinese come in. One of the elite doctrines of the late 20th century was the ideal of ‘globalization.’ New York Times columnist Tom Friedman wrote a book celebrating it – “The Earth is Flat.” In 1979, China decided it was time to join the world economy. “To get rich is glorious,’ said Deng Xiaoping. Soon, China was covered in glory. Almost overnight, factories sprouted like bamboo shoots… and some 300 million peasants made their way to urban centers to work in them. With so many very cheap Chinese on the assembly lines, who needed to pay American wage earners more money; who needed them at all? And as Chinese factories turned out gidgets and gadgets by the millions, why should prices go up?

A Life of It’s Own: And so, the great trans-pacific trade routes grew crowded. Ships from China rode low in the water, freighted with TVs, toaster ovens, and refrigerators bound for American consumers. The ships going the other way were almost empty. The Chinese made valuable goods. Americans printed up the money to buy them. And by December of 2021, the trade deficit with China had soared to over $94 billion for the single month. That trend appears to have peaked out. May 2022’s trade deficit with China fell to only $78 billion. Why? There are few peasants left to exploit. And Chinese factories are paying more for their copper and zinc and oil and other raw materials.

So now, with its own labor and raw materials costs rising, China is no longer enabling US money-printers. Consumer prices are rising everywhere. And inflation takes on a life of its own. Stay tuned..."

Chuck Barone, "R.I.P. Middle Class"

Full screen recommended.
Chuck Barone, "R.I.P. Middle Class"
"Chuck recaps the markets on July 11th, 2022. Also, highlights 
the possible collapse of the Middle Class in the United States and more."
Comments here:

"On Rising Sea Level and Misinformation"

"On Rising Sea Level and Misinformation"
by Addison Wiggin

"Global warming, or climate change as it has been rebranded, is about as polarizing a wedge issue as you can find on the political landscape. It’s ripe for misinformation. And disinformation. To President Biden’s chagrin and his effort to create a Disinformation Governance Board there is a difference between “misinformation” and “disinformation,”

“Simply put,” writes Isaac Saul in a "Persuasion," “misinformation is ‘incorrect or misleading information’. This is slightly different from “disinformation,”which is ‘false information deliberately and often covertly spread (by the planting of rumors) in order to influence public opinion or obscure the truth.’ The notable difference is that disinformation is always deliberate.”

We’ve covered Trump getting deplatformed ad nauseam. We’ve been following Elon Musk’s comments about “free speech” and his now aborted attempt to acquire Twitter and take it private. We’ve joked with Jeffrey Tucker in our Wiggin Session discussing the Deep State would be enough to get us kicked off social media.

Why bring all this up? This week’s guest is John Englander, an oceanographer, a Reserve member and long-time friend. I first met him on the property tour I led to Rancho Santana in Nicaragua in 2006. He then joined us in Vancouver for our conference every year after. We discovered we have a lot more in common than we suspected. Here’s why.

John began getting concerned about rising sea levels from his background as an oceanographer. He discovered very quickly that his interest in sea level change gets conflated with the climate change political narrative. In fact, he approaches his science much in the same way Jim Rickards approaches the global monetary system. Or we would when talking about the debt cycles.

“We all know there are ice ages, correct?” John asks. To which, I would agree knowing full well my knowledge only comes from books. “The earth warms and it cools. It should be in a cooling trend right now. But it’s not, we’re still warming.” John set up a consulting firm to help businesses, municipalities and individuals how to protect their investments if the warming trend continues and sea level continues to rise. He’s far more articulate on the subject than I am. You can view in here:
Full screen recommended.
John Englander on a fact-finding mission to Greenland,
we’ll be going there on August 8.

“Imagine your job is to put out fires (misinformation),” Isaac Saul proposes in his "Persuasion", “in an area where arsonists (people spreading misinformation) are always setting fires. It takes many firefighters to contain the blaze once it is burning, and if there is a lot of dry brush and kindling, the fire spreads quickly.”

Saul then suggests ways to move forward in dealing with misinformation “You have three options:

1. Continue fighting fires with hordes of firefighters (in this analogy, fact-checkers).
2. Focus on the arsonists (the people spreading the misinformation) by alerting the town they're the ones starting the fire (banning or labeling them).
3. Clear the kindling and dry brush (teach people to spot lies, think critically, and ask questions).

“Right now, we do a lot of #1,” Saul concludes “We do a little bit of #2. We do almost none of #3, which is probably the most important and the most difficult.” John Englander leads missions to Greenland and Antarctic to attempt do number #3; so we can learn the science and see the evidence with our own eyes."

"Follow your bliss,"

The Poet: Langston Hughes, "Life is Fine "

"Life is Fine"

"I went down to the river,
I set down on the bank.
I tried to think but couldn't,
So I jumped in and sank.
I came up once and hollered!
I came up twice and cried!
If that water hadn't a-been so cold
I might've sunk and died.
But it was Cold in that water! It was cold!

I took the elevator
Sixteen floors above the ground.
I thought about my baby,
And thought I would jump down.
I stood there and I hollered!
I stood there and I cried!
If it hadn't a-been so high
I might've jumped and died.
But it was High up there! It was high!

So since I'm still here livin',
I guess I will live on.
I could've died for love -
But for livin' I was born.
Though you may hear me holler,
And you may see me cry -
I'll be dogged, sweet baby,
If you gonna see me die.

Life is fine! Fine as wine! Life is fine!"

- Langston Hughes

The Daily "Near You?"

Roseburg, Oregon, USA. Thanks for stopping by!

Kahlil Gibran, "The Madman"

"The Madman"
by Kahlil Gibran

"It was in the garden of a madhouse that I met a youth with a face pale and lovely and full of wonder. And I sat beside him upon the bench, and I said, “Why are you here?” And he looked at me in astonishment, and he said, “It is an unseemly question, yet I will answer you. My father would make of me a reproduction of himself; so also would my uncle. My mother would have me the image of her seafaring husband as the perfect example for me to follow. My brother thinks I should be like him, a fine athlete. And my teachers also, the doctor of philosophy, and the music-master, and the logician, they too were determined, and each would have me but a reflection of his own face in a mirror. Therefore I came to this place. I find it more sane here. At least, I can be myself.” Then of a sudden he turned to me and he said, “But tell me, were you also driven to this place by education and good counsel?”
And I answered, “No, I am a visitor.”
And he answered, “Oh, you are one of those who live in the madhouse on the other side of the wall...”