Monday, January 21, 2019

Suicide by Stupidity – US Media Coverage of the G20 Summit

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by James Howard Kunstler, via Russia Insider:
But if Mr. Trump agrees to work with Mr. Putin despite a list of Russian transgressions beginning with the annexation of Crimea and ending with its interference in the 2016 presidential election, he will also look weak while Mr. Putin can claim that he reconstructed the relationship.

—The New York Times
America wakes up to astonishing bull tickey from its so-called Newspaper of Record in this lead front-page propaganda dump du jour. Granted, American education has succeeded in destroying the critical faculties of at least three generations so that the public drowns in a soup of unreality every day. In the news business now, as in the national life generally, anything goes and nothing matters.

WORLD’S 2ND LARGEST SILVER MINE SHUT DOWN: Implications For Company & Market

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by Steve St. Angelo, SRSRocco Report:
The world’s second largest primary silver mine, Tahoe Resources Escobal Mine, was forced to shut down operations in Guatemala by a ruling from the country’s Supreme Court. This was due to a provisional decision by the Guatemalan Supreme court in respect of a request by CALAS, an anti-mining group, for an order to temporarily suspend the license to operate the Escobal Mine until there is a full hearing. (picture courtesy of Tahoe Resources)

While this story has been out for a few days, I believe there is a great deal of misinformation on the Mainstream and Alternative media about the current situation and future outcome of Tahoe’s flagship Escobal Mine. Some analysis suggests that this is just a small speed-bump for Tahoe, so when they are able to address disputed regulatory issues, production and profits will shortly return once again.

China Builds World’s Largest Floating Solar Plant

from Hang The Bankers:
In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power.

That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world.

The massive power plant was built by Sungrow Power Supply, and can produce enough energy to power 15,000 homes. The exact size of the operation has not been revealed, but it produces twice as much energy as the previous holder of the largest-floating-solar-plant title, which was launched by Xinyi Solar in 2016.

What Does the Rise in Crypto Currencies Mean?

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by Brad Sebion, SGT Report:
Edward Karr was a guest on the Frank Curzio podcast. The discussion at hand was Bitcoin and the rest of the crypto currencies. Mr. Karr stated the rise of the crypto currencies is the canary in the coal mine for a major economic event to unfold in the future. Edward stated the rise in Bitcoin was a put on the Chinese economy. Wealthy Chinese people have bid up other assets like Vancouver real estate as well as many crypto currencies.

Pope: America Has ‘Distorted View of World’

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by Thomas D. williams, Breitbart:
In a new interview, Pope Francis said he fears there are “very dangerous alliances between powers who have a distorted view of the world,” including such an alliance between the United States and Russia.

Pope Francis told his interviewer, the Italian journalist Eugenio Scalfari, that he was worried about the G20 summit, which brings together leaders from 20 of the largest economies in the world, along with finance ministers and central bank governors.

“I’m afraid that there are very dangerous alliances between powers who have a distorted view of the world: America and Russia, China and North Korea, Putin and Assad in the war in Syria,” Francis reportedly said.

Scientists Fear Grid Failures During Solar Minimum

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by Mac Slavo, SHTF Plan:
As our sun’s activity slows and the star gets quieter, scientists’ fears of solar minimum are coming to the forefront. It isn’t the lack of activity that is terrifying those who study the sun, it’s what happens next that worries them all.

There would be nothing any of us could do if the sun’s activity decreases to the point that it causes the outermost atmospheric layer to collapse. No amount of taxation in the name of “global warming” will save anyone on earth from this outcome. But first, scientists have to worry about the sun reaching “solar minimum” and the possibility of losing the outermost layer of the atmosphere thanks to the rapid cooling.

Media Silent as US Ally Saudi Arabia Massacres Its Own People

from The Anti Media:
Qatif – For the past 60 days, Saudi Arabia imposed a devastating siege on the Shiite town of Awamiya. And of course, mainstream western media remains silent.

These photos aren’t from Yemen, they’re from the Saudi Arabian eastern town of Awamiya. Where Saudi forces are waging war against an oppressed shia minority. Saudi Arabia adheres to the extreme fundamentalist and intolerant sect of Wahhabism. Making it the country’s religious majority. This ideology is also enforced through state tactics. Which make it illegal to publicly carry out any religious practice or teaching that conflicts with Wahhabism. Even other Muslims (especially Shiites) are considered infidels by the Saudi government. And thus, all religious minorities in Saudi Arabia remain an extremely oppressed group; often lacking the same health care, public services, and wages granted to their Wahhabi counterparts; if not facing death.

How Do People Really Behave When Disaster Strikes?

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by Joshua Krause, Ready Nutrition:
There are a lot of reasons why people prep for disasters, but there’s one reason that’s far more popular than the others. What people fear most when they think about what would happen if society collapsed, isn’t hunger, disease, or exposure. They fear what other people might do to them when the chips are down.They worry that members of their community might hurt or kill them to survive.

And though most preppers won’t admit it, I think most of us fear what we might be capable of in a bad situation. We don’t have to find out if we have enough food stocked up in our pantries.

However, it should be noted that there is an alternate view on what most people will do if society collapses. For historians who study disasters and social collapse, there is hope that people won’t automatically turn into savages if the grid goes down. A writer for Slate recently interviewed several experts on this topic, and here’s what they had to say:

“That Guy’s” Response to Robert Kiyosaki of Rich Dad/Poor Dad on Anarcho-Capitalism

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by Jeff Berwick, The Dollar Vigilante:
I recently ran into Robert Kiyosaki, author of Rich Dad, Poor Dad, and had heard him say many anarchist sounding things so thought I would ask him if he was an anarchist.

I detailed what happened next here, “Is Robert Kiyosaki of Rich Dad/Poor Dad MK Ultra Mind Controlled or Just Having a Nervous Breakdown?

Yesterday, he responded to what happened with, “Why I Flipped Out on the Guy Who Called Me an Anarchist.

Peak Bull: Fake Markets, Fake Money

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by David Stockman, DailyReckoning:
Washington is not governing. What was expected after the election by Wall Street was a rebirth of growth through pro-business policies, a giant stimulus from tax cuts and a sweeping infrastructure package within the economy. Growth expectations have been languished and slowly ground to a halt at near 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} GDP growth.

Real GDP growth is close enough to zero when you realize that they’re understating inflation. If you look at nominal GDP, which is roughly 3.5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} to 3{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} a year at most, and you take a real measure of inflation from that – there isn’t much left.

All of the expectations that have been priced into the market and still linger will eventually come to terms with the fact that none of the anticipated growth is happening.