Wednesday, September 29, 2021

Musical Interlude: Peter Gabriel (Feat. Kate Bush), "Don't Give Up"

Peter Gabriel (Feat. Kate Bush), "Don't Give Up"

Must Watch! “Stock Market Bubble Bigger Than 1929; No Money, No Consumer Confidence; Cost Of Everything Soars”

Jeremiah Babe, PM 9/28/21:
“Stock Market Bubble Bigger Than 1929; 
No Money, No Consumer Confidence; Cost Of Everything Soars”

Absolute catastrophe is so close, folks...
Brace yourselves.

Tuesday, September 28, 2021

"Panic And Chaos Sweep Across In China As Power Shortage Leaves Millions In The Dark"

Full screen recommended.
"Panic And Chaos Sweep Across In China As
 Power Shortage Leaves Millions In The Dark"
by Epic Economist

"Widespread panic is sweeping across China due to a sudden power crisis that is leaving millions of homes in the dark and forcing several industries to completely halt production as strict rationing mandates have started to be put in place. China's energy crisis is threatening to trigger an economic and financial meltdown like no other. The risk of generalized supply chain disruptions is making economists extremely alarmed with the prospects of yet another global economic slowdown. Even worse, the crisis is likely to incite social instability all across the nation as residents grow increasingly more frustrated with the rigid mandates and prolonged blackouts.

Over the past month, at least 16 out of 31 provincial jurisdictions have enacted out electricity-rationing measures, alarming ​the population and plunging the nation’s industrial sector into chaos. “The situation worsened over the past weekend,” Lu Ting, chief economist at Nomura, wrote in a recent note, highlighting that large-scale outages are not limited to factories.

Residents in both northern and southern provinces have been facing extensive blackouts for weeks, but since the beginning of this week, the situation has escalated to a whole new level. Traffic lights are being turned off and causing unprecedented chaos on roads and cities. Local authorities are urging residents to only use natural light in their homes and limit the usage of all electronics. And many angry and confused residents are reporting their complaints on social media, exposing that major electricity cuts have come during peak hours without any warning.

The country is currently facing power issues on two fronts. The main reasons for electricity shortages in the south of China are different from what's causing them in the north. While the south is running low on hydropower, the north is struggling with a massive spike in coal and gas prices.

According to the People’s Daily, the official newspaper of the Chinese government, the power cuts are forcing companies to raise prices of goods for Chinese consumers and resulting in rampant inflation. "This will likely bring unnecessary disorder to the economy and society," it said.In Guangdong, the provincial energy administration warned that "all walks of society" must conserve energy to prevent further widespread outages. Broad cuts to factories have already been implemented, but now office workers are required to use the stairs, and shopping malls are closing hours earlier than usual.

Chinese consumers, for their part, aren't happy with the steep rise in energy prices and dwindling energy supplies. Local reports describe that the population is getting angrier and angrier as local authorities force them to ration electricity usage. Even though official data released by the government does not mention explicit numbers, it is estimated that thousands of blackouts caused a lot of trouble across several provinces last week. In the northeastern city of Liaoyang, "twenty-three people were hospitalized with carbon monoxide poisoning after ventilation in a metal-casting factory was cut after a power outage," according to the state media. Millions of homes have been left in the dark for 5 to 10 hours in northern China over the past weekend, and millions more are likely to face a similar fate in the coming days.

The government is stressing that people should ration power at all costs to “avoid the collapse of the entire grid”. One water company said in a statement released on social media on Sunday that “irregular, unplanned and unannounced power cuts or limits will last until March 2022, and power and water outages will become the norm to meet the requirements of the national grid and the mandates set by local authorities". The energy crisis will likely cut China’s growth rate by 0.1 to 0.15 percentage points in the third and fourth quarters, CICC economists revealed in a report. “The power-supply shock in the world’s second-biggest economy and the biggest manufacturer will ripple through and impact global markets,” Nomura's Li Ting added.

Given that companies all across the board are being forced to shut down or reduce activity, this could result in a catastrophic supply chain crisis in the coming weeks and months. While the world is watching the unfolding of the Evergrande crisis, the effects of China's energy crisis on the manufacturing sector may be overlooked, but the end result could be the worsening of the shortage of everything - from textiles to electronics components. And that could cause a financial and economic meltdown that would push the world's economy to the edge of a cliff very rapidly.

Global events are accelerating at record speed. And we all should pay very close attention to what happens next. In the meantime, try to get ready while you can, because when the flow of goods between Asia and the U.S. is finally cut, we will see the rapid collapse of our nation."

Gerald Celente, "Trends Journal: Show Us Your Vax Papers"

Full screen recommended.
Gerald Celente, PM 9/28/21: 
VERY Strong Language Alert!
"Trends Journal: Show Us Your Vax Papers"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."

Musical Interlude: Gnomusy, "Shadows In The Wood"

Gnomusy, "Shadows In The Wood"

"A Look to the Heavens"

“Stars are sometimes born in the midst of chaos. About 3 million years ago in the nearby galaxy M33, a large cloud of gas spawned dense internal knots which gravitationally collapsed to form stars. NGC 604 was so large, however, it could form enough stars to make a globular cluster.
Many young stars from this cloud are visible in the above image from the Hubble Space Telescope, along with what is left of the initial gas cloud. Some stars were so massive they have already evolved and exploded in a supernova. The brightest stars that are left emit light so energetic that they create one of the largest clouds of ionized hydrogen gas known, comparable to the Tarantula Nebula in our Milky Way's close neighbor, the Large Magellanic Cloud.”

Chet Raymo, “Tyger, Tyger Burning Bright…”

“Tyger, Tyger Burning Bright…”
by Chet Raymo

“Divinity is not playful. The universe was not made in jest but in solemn incomprehensible earnest. By a power that is unfathomably secret, and holy, and fleet.” You may recall these words from Annie Dillard’s “Pilgrim at Tinker Creek.” There is nothing intrinsically cheerful about the world, she says. To live is to die; it’s all part of the bargain. Stars destroy themselves to make the atoms of our bodies. Every creature lives to eat and be eaten. And into this incomprehensible, unfathomable, apparently stochastic melee stumbles… You and I.

With qualities that we have - so far - seen nowhere else. Hope. Humor. A sense of justice. A sense of beauty. Gratitude. But also: Anger. Hurt. Despair. Strangers in a strange land.

Galaxies by the billions turn like St. Catherine Wheels, throwing off sparks of exploding stars. Atoms eddy and flow, blowing hot and cold, groping and promiscuous. A wind of neutrinos gusts through our bodies, Energy billows and swells. A myriad of microorganisms nibble at our flesh.

We have a sense that something purposeful is going on, something that involves us. Something secret, holy and fleet. But we haven’t a clue what it is. We make up stories. Stories in which we are the point of it all. We tell the stories over and over. To our children. To ourselves. And the stories fill up the space of our ignorance.

Until they don’t. And then the great yawning spaces open again. And time clangs down on our heads like a pummeling rain, like the collapsing ceiling of the sky. Dazed, stunned, we stagger like giddy topers towards our own swift dissolution. Inexplicably praising. Admiring. Wondering. Giving thanks.”
“The Tyger”

“Tyger! Tyger! burning bright
In the forests of the night,
What immortal hand or eye
Could frame thy fearful symmetry?
In what distant deeps or skies
Burnt the fire of thine eyes?
On what wings dare he aspire?
What the hand dare sieze the fire?
And what shoulder, and what art.
Could twist the sinews of thy heart?
And when thy heart began to beat,
What dread hand? and what dread feet?
What the hammer? what the chain?
In what furnace was thy brain?
What the anvil? what dread grasp
Dare its deadly terrors clasp?
When the stars threw down their spears,
And watered heaven with their tears,
Did he smile his work to see?
Did he who made the Lamb make thee?
Tyger! Tyger! burning bright
In the forests of the night,
What immortal hand or eye
Dare frame thy fearful symmetry?”

- William Blake

"Happily Men Don't Realize..."

"Happily men don't realize how stupid they are, or half the world would commit suicide. Knowledge is a will-of-the-wisp, fluttering ever out of the traveller's reach; and a weary journey must be endured before it is even seen. It is only when a man knows a good deal that he discovers how unfathomable is his ignorance. The man who knows nothing is satisfied that there is nothing to know, consequently that he knows everything; and you may more easily persuade him that the moon is made of green cheese than that he is not omniscient."
- W. Somerset Maugham
“It takes considerable knowledge just to
realize the extent of your own ignorance.”
- Thomas Sowell

Gregory Mannarino, PM 9/28/21: "Former FED. Chairwoman J. Yellen Warns Of Calamity, Financial Crisis, Meltdown"

Gregory Mannarino, PM 9/28/21:
"Former FED. Chairwoman J. Yellen Warns 
Of Calamity, Financial Crisis, Meltdown"

"Our Gloomy Economy Will Never be the Same Again"

Full screen recommended.
Dan, iAllegedly, PM 9/28/21:
"Our Gloomy Economy Will Never be the Same Again"
"The Economist have spoken. They are predicting that our economy is slowing down. This is going to be a horrible third-quarter for our country. It’s only going to get worse as we get into the end of the year."

"Teach the B*st**ds a Lesson"

"Teach the B*st**ds a Lesson"
by Bill Bonner

BALTIMORE, MARYLAND – "Politics is war. War is politics. Everything is a battle. Good vs. Evil. Black vs. White. Democrat vs. Republican. Force someone else to do something he doesn’t want to do. Or try to stop him from forcing you. The only goal is to win. If life were that simple, perhaps even Washington Post reporters and Members of Congress could understand it. But it is not.

Blame Game: We charged yesterday that the fight between Republicans and Democrats is a distraction. A fake-out. A side-show designed to keep Americans entertained by trivialities and diverted by non-sequiturs, while the real show – ripping off the public – goes unremarked. We take up the theme again today…

If there is a flood in New Orleans, it’s because Republicans have blocked desperately needed climate change mitigation measures. Fires in California? Ditto. And were our proud warriors stabbed in the back in Afghanistan? Were our jobs stolen by the Chinese? Are we now facing an economic and fiscal cataclysm? Hey, that must be the fault of the Democrats, no?

According to the popular narrative, everything is either the Democrats’ fault… or the Republicans’ fault – depending on which team you’re rooting for.

Red vs. Blue: Even the death toll from COVID-19? Yes… At first, it looked like the Democrats had brought it on themselves, like the Genoese traders, who brought the Plague to Europe. Hardest hit were the “Blue” states, such as New York and California.

Here’s a Law & Liberty report from April 2020: "When controlling for the differences in population across states, the number of deaths from coronavirus is over three times higher in states with Democratic governors than in states with Republican governors. As of Sunday, April 26, states with Republican governors have experienced 57.53 coronavirus deaths per million of population, states with Democratic governors have 179.74 deaths per million of population. Even excluding the state of New York as an extreme outlier, states with Democratic governors have 138.58 deaths per million from coronavirus, still over twice as many coronavirus deaths per million as deaths in states with Republican governors."

Republicans sneered at their masked-up cousins in the “Blue” states. But then, the virus didn’t stop at the New York state line. It soon made its way to the Red states. Then, it was widely reported that the Republicans were the ones who deserved to die. Some commentators even went as far as to say that Republican governors of Texas and Florida were “killing” their citizens by failing to enforce Dr. Fauci’s latest recommendations. Here’s The National Memo of July 11, 2021:

"The childish narcissism and prideful ignorance of the American right – as personified in its idol, former President Donald Trump – have transformed “conservatism” into a public health menace. Republicans in office and their media echoes are the principal obstacles to vaccinating enough Americans to achieve herd immunity from COVID-19, which would be awful even if their gullible audiences were the only potential victims."

No Party Affiliation: Well, guess what? COVID-19 doesn’t really seem to care who you vote for. Look at the deaths per state. The results are all over the place. Mississippi (Rep.) and New Jersey (Dem.), for example, have very little in common… except that they have the highest death rates in the country – over 300 per 100,000 of the population.

Likewise, Vermont (Dem.), Hawaii (Dem.), and Alaska (Rep.), are hardly ideological soulmates… but they have needed the fewest caskets – below 100 per 100,000 of the population.

Texas – scarlet in color – has a lower death toll than Massachusetts (Dem.) or New York (Dem.), despite Governor Abbott’s attempts at mass murder. Florida (Rep.), too.

What probably happens is the obvious thing. You can slow the movement of a virus by closing borders, social distancing, masking, etc. – especially if you are relatively isolated, geographically, such as places like Hawaii and Alaska. But then, your population is virgin territory for the disease. Sooner or later, you have to open up… and in comes the lusty bug.

Lesson in Consequences: The most remarkably revealing opinion appeared this week in Salon: "To be blunt, white privilege has long shielded many conservatives from the concept of facing consequences for their actions. We see this in a lot of obnoxious right-wing behavior lately, from tantrums over COVID-19 mitigation measures in public places to the attempted insurrection on January 6. Who can forget how many of the arrested Trump supporters expressed genuine shock that they might actually face a legal consequence for participating in a violent effort to overthrow democracy? This lack of familiarity with consequences is likely why there are so many holdouts, even in the face of vaccine mandates."

The Salon piece goes on to say that it’s not enough to watch the anti-vaxxers “pay with their lives”… not while the rest of us “are suffering because of Trumpist hubris.” And there’s no point in scaring them with the threat of death. Why? Because they’re not going to die! Here’s the quote: "The problem with highlighting COVID-19 deaths to scare the Trumpers straight, however, is that they can always tell themselves that they're not going to be the ones who die since 98.4% of people in the U.S. do survive."

That’s right; they’re not going to die because the disease is only dangerous to a few people. According to figures in New York Magazine, an 85-year-old is 10,000 times more likely to die from COVID-19 than a 10 year old. We know who needs protection. We know, too, that natural “herd immunity” is much more effective than vaccine immunity. And we believe that a person who has submitted to the jab has little to fear from those who have not.

So… why the vaccine mandates? Salon explains it: Trump fans are overdue for a lesson in consequences. Get it? The argument is no longer about how to keep people safe. It’s just politics. It’s time to teach the bastards a lesson!"

The Daily "Near You?"

Wasilla, Alaska, USA. Thanks for stopping by!

"A Closer Look..."

"Any man who thinks he can be happy and prosperous 
by letting the government take care of him, 
better take a closer look at the American Indian."
- Henry Ford

"30 Facts You NEED to Know: Your Covid Cribsheet"

"30 Facts You NEED to Know: Your Covid Cribsheet"
by Kit Knightly

"We get a lot of e-mails and private messages along these lines “do you have a source for X?” or “can you point me to mask studies?” or “I know I saw a graph for mortality, but I can’t find it anymore”. And we understand, it’s been a long 18 months, and there are so many statistics and numbers to try and keep straight in your head. So, to deal with all these requests, we decided to make a bullet-pointed and sourced list for all the key points. A one-stop-shop.

Here are key facts and sources about the alleged “pandemic”, that will help you get a grasp on what has happened to the world since January 2020, and help you enlighten any of your friends who might be still trapped in the New Normal fog (click links to skip):

Please view this complete, critically important, article here:
Related, highest recommendation:

Gregory Mannarino, AM 9/28/21: "Important Updates"

Gregory Mannarino, AM 9/28/21:
"Important Updates"

"An Industry Insider Just Revealed The Truth About What Is Really Behind The Shortages At Our Local Supermarkets"

"An Industry Insider Just Revealed The Truth About
 What Is Really Behind The Shortages At Our Local Supermarkets"
by Michael Snyder

"The supply chain crisis that our supermarkets are facing is far worse than the mainstream media has been telling us. The mainstream media keeps trying to put a happy face on the “temporary” shortages, but an industry insider has let me know what is really going on behind the scenes. This particular insider runs a grocery store in Maine, and he says that things are as bad as he has ever seen. In fact, he says that he has “never seen anything close to what is happening now”. The email that he sent me the other day greatly alarmed me, and I asked him if I could share it with all of you. He gave me permission to do so, as long as I didn’t use his name. I haven’t received an email this startling in a long time. As you read this email, I think that you will quickly understand why I am saying that…"I’m self employed for 25 years, now, independent IGA affiliated grocery store in coastal Maine. Supply issues are real! My supplier has limited us on orders for about a month now (limited the physical number of cases we can order)

Their issue is/was mainly the help crisis in their warehouse, order pickers and truck drivers. Same story everywhere, I know. Many of the items your reader commented about in this article are the same here, very limited gatorade, and gallon water is sketchy at best. Sometimes we get it, sometimes we don’t. I’ve not seen many supply issues in produce, rather poor quality issues there. Much more than normal. Deli/bakery, yes, lots of out of stocks and “long term unavailable” as my supplier likes to word it on the invoice.

In the center store – dry grocery, like others are saying, tons of out of stocks. Meat supply is “fair” but pricing is extremely high. Shockingly high to me. The middle class is slowly being destroyed with these prices hikes, death by 1000 cuts of sorts, I guess.

My Frito Lay delivery person tells me that he is getting 55-60% of what he’s ordering. My last Nabisco order had 30% out of stocks. Over the years, we always get 99-100% of what was ordered. Pepperidge Farm Cookies, he tells me some weeks he’s only getting HALF of what he orders. These folks all work on commission, if they don’t (or can’t) sell it to me they don’t get paid. Or get paid less. When we place our liquor order (twice a week) out of stocks there are running 30% most orders. This commodity was ALWAYS 99.5 to 100% fill rate over the years, always.

It’s frustrating. As I said … self employed 25 years, and worked for Kroger for 25 years before that, so 50-51 years in this business. Never seen anything close to what is happening now. Add to that - a far left governor, and both houses here in Maine democrat controlled. I just know we are on the verge of another mask mandate, and a lock down of sorts would not surprise me again as we move into the colder months. As you’ve seen I’m sure, Maine is in the news with COVID case surges (so they say) I come to work every day just holding my breath for what is next, for our business and the 35 people I employ here in Maine."

This industry insider is trying to order normal quantities, but his suppliers are often unable to completely fulfill them. As you can see from the email, the shortages are widespread, and this is the worst that they have been during the entire pandemic so far.

If there is something that you need to stock up on, I would grab it if it is still on the shelves, because pretty soon it may be completely gone. On Friday I went to the grocery store and they were out of several things that I wanted to purchase. Unfortunately, we continue to get more confirmations that this is going to become the “new normal”.

For example, according to Bloomberg meat reserves in this country have plunged to dangerously low levels…"A U.S. report Wednesday showed beef reserves down 7.7% from a year ago in August. Poultry supplies slumped 20% and pork bellies, which are sliced into bacon, dropped 44% to the lowest levels since 2017."

In most cases supermarkets still have meat on the shelves, but it is definitely a lot more expensive than it used to be, and we are being told to brace ourselves for more price hikes in the months ahead.

Of course other types of retailers are facing severe supply shocks as well. A few days ago, another reader sent me an email in which he described what he is seeing at his local pharmacy…"The big issue, however, is at the local drug store; Rite Aid. The place is thin at best and stripped in some areas (last week there was no Zinc available). The beer cases are notably sparse. The main issue, however, is at the pharmacy. Six or eight months ago you could walk in and have your prescription filled inside of 20 minutes. If you called in the prescription the day before it was waiting for you. Not so any more. Yesterday I went to pick up an RX for my wife that had been called in last week. Not only was it not ready but I had to wait an hour before it was filled. There were nine cars in the drive up queue. I opted to walk in and it was nearly as bad. The young woman that helped me was clearly not local with bicolor hair and a large, glaringly obvious, in your face, Baphomet symbol around her neck.

I had a chat with the manager on the way out and asked him what was up with the Pharmacy staffing. I hadn’t seen the regular pharmacist for a few months. He blamed it all on the city for not having any affordable housing (lame) and mentioned that Albertson’s pharmacy, Albertson’s and Ridley’s were all very short on help (true)."

Right now, dozens and dozens of drugs are in short supply. In fact, the official FDA drug shortage list has 149 entries on it right now. That is the most that I have ever seen.As shortages persist, retailers are going to start implementing more limits. Last week, we learned that Costco has already started to pull the trigger…"Costco on Thursday said it was reinstating limits on purchases of toilet paper, paper towels and bottled water. They don’t call it “rationing”, but that is essentially what it is. And we are also being told to expect significant price increases, because supply chain issues are causing costs to go through the roof

Costco this week joined the long list of retailers sounding the alarm about escalating shipping prices and the accompanying supply chain issues. The warehouse retailer, which had a similar cautionary tone in May, was joined by athletic wear giant Nike and economic bellwethers FedEx and General Mills in discussing similar concerns.

The cost to ship containers overseas has soared in recent months. Getting a 40-foot container from Shanghai to New York cost about $2,000 a year and a half ago, just before the Covid pandemic. Now, it runs some $16,000, according to Bank of America. I have been warning that rampant inflation and shortages were coming for a long time, but a lot of people didn’t want to believe me at first.

If you were one of those doubters, do you believe me now? During the first half of this year, many economic optimists assured us that the U.S. economy would be “booming” by this point. But instead our economic infrastructure is being shaken on a very basic level, and we are facing enormous price hikes and very painful shortages throughout the rest of this year and into next year. Events have begun to slide out of control, and it certainly wouldn’t take too much to push us into a full-blown avalanche."

"How It Really Is"

 

Monday, September 27, 2021

Musical Interlude: Liquid Mind, “Serenity”

Liquid Mind, “Serenity”

"A Look to the Heavens"

“It's the bubble versus the cloud. NGC 7635, the Bubble Nebula, is being pushed out by the stellar wind of massive central star BD+602522. Next door, though, lives a giant molecular cloud, visible to the right. At this place in space, an irresistible force meets an immovable object in an interesting way


The cloud is able to contain the expansion of the bubble gas, but gets blasted by the hot radiation from the bubble's central star. The radiation heats up dense regions of the molecular cloud causing it to glow. The Bubble Nebula, pictured above in scientifically mapped colors to bring up contrast, is about 10 light-years across and part of a much larger complex of stars and shells. The Bubble Nebula can be seen with a small telescope towards the constellation of the Queen of Aethiopia (Cassiopeia).”

"Perhaps..."

"Perhaps it is better to be un-sane and happy, than sane and un-happy.
But it is the best of all to be sane and happy. Whether our descendants
can achieve that goal will be the greatest challenge of the future.
Indeed, it may well decide whether we have any future."
- Arthur C. Clarke