21
Mar 20

It's the economy stupid!

It's the economy stupid!

However serious the virus turns out to be, this was never about a virus in the first place.  The economy is debt saturated  and has been waiting for the last ten years or more for the pin that would prick the bubble.  That pin has finally arrived in the form of Covid19.  It is the ideal excuse (weapon).  The coronavirus has exposed how fragile the real economy is.  It is fortunate (sic) for the elite that ordinary people are locked into their homes while they lose their jobs and savings.  Imagine if their was no virus?  There would be rioting in the streets.  It might look like the Yellow Vest movement in France. Governments, banks and economist might be held to account.  A bit difficult to riot when you have to practice "social distancing".   Life will not be the same after the virus.  Perhaps this was just a trial run and another worse virus will be released.   Questions still remain and perhaps they will remain unanswered.    I am convinced that Covid19 is a bio-weapon that was released on purpose.  In all probability it was released by the USA or perhaps a third "related" party.  The question remains on whether it was engineered only to destroy China as a superpower.  Perhaps the blow-back in the West was considered a worthwhile risk especially if it removed demographic and medical burdens (the elderly and the sick).  What is interesting is that the strain in Iran (and Italy) is worse. Did another strain get released in Iran?  Is there a strategic connection between China, Iran and Northern Italy?

The virus is growing exponentially but so is human debt. The human mind can’t compute exponential growth. It’s a fact. Here is a well known example: if you fold a piece of paper in half it will double its thickness. How many times would need to fold that paper on itself to increase the thickness equal to the distance from the earth to moon? The answer is 42 times. Don’t be worried if you’d missed it. The human brain can’t compute exponential growth. But we can understand our limits. So yeah, 10,000 sick people turn into 200mil quicker than we can comprehend.

Debt forgiveness

Debt forgiveness is ancient.  It is even mentioned in the Bible where it is called the Jubilee Year.  The ancients knew what the smart economist and bankers chose to deliberately ignore and that is that a debt based system eventually collapses if there is no write down of debt. You cannot exponentially increase debt without consequences.  Instead they chose to suck up all the wealth and then periodically crash the complete system with a war or a virus etc.  That way they can start re-building a new debt based system afresh.  The money-power loves this system because it enriches them and impoverishes us. Let us take the Jet manufacturing company Boeing as an example.  It is utterly corrupt. It pushed through aircraft designs that actually killed people. It was warned and even its own staff wrote emails saying that the building of the aircraft was done by monkeys supervised by clowns.  Moreover, it had a cozy relationship with the FAA with revolving door job exchanges and FAA approved self-policing. However, the company was supported by QE and extremely low post-GFC interest rates which it used to buy back its own shares and to pay shareholder dividends.   So, instead of investing in a completely new aircraft they tinkered with an old model and made it aerodynamically unfit and unable to fly without the aid of computers.  They spent money on bonuses and dividends and artificially propped up their share price.   To sum up.  They killed people, they are greedy and corrupt.  Now they want another Government bail out to the tune of billions.  And you know what?   They will get it.  They are strategically important and they know it. So there is no moral hazard.  You can do what you like and the tax payer will pay with their money and with their lives. This is now the era we live in. The economy is debased and run by criminals and gangsters.   The best of them are incompetent and the worst of them are monsters.

 

 

 

6
Nov 19

Climate Doom

More climate doom has emerged in the news. A group of 11,000 scientists has demanded urgent climate action and "shock horror" population control.   World Scientists’ Warning of a Climate Emergency 

Analysis

This is of course propaganda and PR and we could dismiss it out of hand.  That would be unfair because a number of valid points are made.  Bloomberg refers to the article as Earth Needs Fewer People to Beat the Climate Crisis. The Hedge has an even more alarmist headline when it says; 11,000 Experts Propose Final Solution To Global Warming: Just Kill Billions Of People.

 

 

These headlines are an exaggeration although the article does summarize the following under the heading Population"Still increasing by roughly 80 million people per year, or more than 200,000 per day, the world population must be stabilized—and, ideally, gradually reduced—within a framework that ensures social integrity".

Population Reduction

Many countries in the Western world including Japan and China face an aging population.  Fertility rates have plateaued and are going down.   The future will see more adult diapers (nappies) than baby diapers.   The population of Africa is growing and this (surprisingly) is linked with poverty, poor health and lack of education.  Wealthier nations have less children.  To lift Africa out of poverty would require more fossil fuels not less.   Africa needs to follow the development path of China.   However, China attempted population control which has resulted in a shortage of females.   It also resulted in "dying rooms" for female babies and forced abortions.  Eugenics and proscribed population control does not have a good record.

Natural Climate Change

As we have stated before, the earth is undergoing natural climate change.   The solar system  travels through space and encounters different conditions in our "electric universe".  Our sun is experiencing a maunder minimum.  Our earth is experiencing magnetic pole shift.  These events are linked.  They cause variation in cosmological rays which influences cloud formation.   As the upper jet streams change the weather becomes unpredictable (weird) followed by global cooling.  In that case we need more fossil fuel power stations.  The growing zone will be reduced  leading to famines.  This is the opposite of what we are being told.

Nice Graphs

We use only relevant data sets that are clear, 
understandable, systematically collected for 
at least the last 5 years, and updated at
least annually.

 

Let us translate the above.   We use data sets that are clear:   we cherry pick.  Understandable: you are dumb we will not bother you with scaling. Systematically collected for at least the last 5 years: we chose 5 years out of 4.5 billion years to prove our point.   Updated at least annually:  if we get a heat wave reported this summer we will definitely include it.

 

At least five years of Data

I find that statement amusing.  As a scientist (who is familiar with statistics) I would be ashamed to quote five years of data.  You might as well produce a plot of last weeks weather.  It has about the same predictive power as their graphs.  This is like the hockey stick graph which was proven in court to be  fraudulent.  In light of this we have taken it upon ourselves to change the headings of the plots.

 

 

 

 

 

Good points

The "report" does make some good points but neglects many others.  For example they want to reduce emissions of black carbon (soot), and hydrofluorocarbons (HFCs).  That can be done without shutting down fossil fuels.  They also want to reduce methane which is basically "cow farts".

The agenda is to become vegetarian.  Once again this is too simplistic. Cattle often thrive on land that is barely arable.  In the not too distant past herds of millions of buffaloes roamed the American plains.  Millions of years ago Dinosaurs existed.  They also farted - especially the "stinko-sore-ass".  The report also says that, "we must protect and restore Earth's ecosystems".  On that we are all agreed.

Other important issues

More than 40 years ago when it was not "sexy" I studied environmental science alongside chemistry.  As a junior researcher I was set the task of correlating tree ring data and temperature (the problem then was acid rain).  What this report neglects to mention are plastic contamination of the oceans.  The recycling problem. Endocrine mimickers.  Antibiotic overuse.  We could go on and mention pesticides and GMO foods and herbicides (roundup).  No argument from me that we are damaging the environment and need to drastically change our ways.   We need to be sustainable and we need to conserve energy.  All those things must be done but we need not return to the stone age.

Industrial Revolution

It was the use of fossil fuels coupled with the industrial revolution that brought about massive improvements in living standards, improvements in longevity and the population explosion. A couple of hundred years ago a global population of  7- 8 billion would have been thought impossible.  It would have been considered as beyond the carrying capacity of the earth.  That is quite an achievement but it has created other problems.

Exponential growth

You cannot have exponential growth in a finite system.  Therefore we need to completely change the way we do things in the future.  We need to be sustainable.  The sort of capitalism that we now have with constant "growth" and  "off-book exigencies" (pollution etc) needs to end.  The price  must reflect all the costs including recycling etc.

Conclusion

Climate change is happening but it is not man made.  Perhaps carbon dioxide results in a small "forcing" of the global temperature but it is not the root cause.   That does not mean that we do not need to make major changes on how we do things.   The world does not belong to an elite with the rest condemned to slavery and poverty.  However, the change that is really needed will not happen because of human nature.  As Christians we await the age of renewal which only God can inaugurate.  But first comes the time of judgement.