Whilst O’Donnell laudably experimented with to emphasis the audience’s interest onand hopefully final, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen under for excellent, I was overtaken, not through the pulling around the thread, along with the voracious audience he serves. It did not make me depressing, it created me angry.
In relation to celebrities, we can be a heartless country, basking in their misfortunes like nude sunbathers at Schadenfreude Seaside. The impulse is understandable, to some diploma. It could possibly be grating to listen to complaints from consumers who benefit from privileges that most of us cannot even consider. If you ever can not muster up some compassion for Charlie Sheen, who would make far more revenue to get a day’s operate than many of us will make inside a decade’s time, I guess I cannot blame you.
Along with the fast speed of activities on the net in addition to the specifics revolution sparked from the Net, it’s highly quick for your technological know-how market to imagine it is completely unique: constantly breaking new ground and accomplishing details that no person has actually completed in advance of.
But there are other sorts of small business that have already undergone several of the same radical shifts, and also have just as wonderful a stake inside potential.
Consider healthcare, as an example.
We regularly assume of it being a immense, lumbering beast, but in fact, medication has undergone a series of revolutions inside previous 200 many years that are at least equal to people we see in technologies and details.
Much less understandable, but however inside of the norms of human nature, may be the impulse to rubberneck, to slow down and consider the carnage of Charlie spectacle of Sheen’s unraveling, but of the blithe interviewer Sheen’s existence as we pass it from the perfect lane of our everyday lives. To become honest, it might be difficult for many people to discern the variation concerning a run-of-the-mill interest whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its individual merits, a quote like “I Am On the Drug. It’s Referred to as Charlie Sheen” is sheer genius, and we cannot all be anticipated to get the total measure of someone’s everyday living every time we listen to anything amusing.
Quick ahead to 2011 and I am looking to examine suggests of getting a little more business-like about my hobbies (typically new music). From the stop of January I had manned up and started to advertise my blogs. I had produced many completely different blogs, which were contributed to by good friends and colleagues. I promoted these actions by Facebook and Twitter.
Second: the small abomination the Gang of 5 about the Supream Court gave us a 12 months or so ago (Citizens Inebriated) genuinely includes just a little bouncing betty of its very own that may pretty well go off while in the faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. Since this ruling prolonged the notion of “personhood” to both equally companies and unions, to attempt to deny them any correct to run inside the legal framework that they had been organized below deprives these “persons” of the freedoms of speech, association and movement. Which implies (when yet again, quoting law school trained friends and family) that possibly the courts really need to uphold these rights for the unions (as particular person “persons” as guaranteed by the Federal (and most state) constitutions, or they've to declare that these attempts at stripping or limiting union rights should use to key corporations, also.
The Gini coefficient of income and wealth
is now reaching extremes in many countries. This measures the
inequality between the rich and the poor. In the US the Gini coefficient
is now at the same level as in the 1920s before the depression. In
countries like the US, the rich are getting richer whilst 45 million
people live below the poverty line, 43 million receive food stamps and
over 700,000 are homeless. With a real unemployment rate of 22% and
urban youth unemployment much higher, the US will soon experience social
unrest.
But it is not only the US that will
experience financial misery, famine and social unrest. This will also
hit most European countries and in particular the UK, southern Europe,
Eastern Europe and the Baltic States as well as African countries, the
Middle East, Asia, yes in fact the whole world.
Are boom and busts inevitable?
Well if you listened to the former
British Labour Prime Minster Gordon Brown, he proudly declared that he
had abolished booms and busts and thus economic cycles. But he was
expeditiously thrown out at the next bust which of course had nothing to
do with him since he blamed the US sub-prime market for his ill-fated
destiny.
Cycles or ebbs and flows are a natural
part of both economic life and nature. And right at the point when
something could be done to limit the damage, most nations seem to have
the uncanny knack of selecting the political individuals who will put
fuel on the fire and make the situation catastrophically worse.
Greenspan was one such individual.
During his 19 years as Chairman of the Fed, he could have limited the
economic and social damage that the US would suffer. Instead he took
every single measure possible to ensure that there would be a
catastrophe with uncontrollable consequences. But we shouldn’t just
blame the incompetence of Greenspan. It was sickening to watch every
sycophantic congressman and senator licking Greenspan’s boots and
praising his wisdom. Because Greenspan’s money printing and incompetent
interest rate management created one of the biggest financial bubbles in
world economic history. But the politicians loved this. It made the
stock market boom, and house prices surge. Thus the politicians were all
loved by their voters who did not understand the dire consequences that
were looming. And Bernanke de Pompadour is continuing the same
disastrous policies of creating money out of thin air. When will they
ever learn that creating money out of thin air and running astronomical
deficits that never will be repaid with normal money leads to the road
of total ruin? When will they ever learn? The very sad
answer is that they won’t and therefore they are leading the world into a
hyperinflationary depression that will have uncontrollable and
cataclysmic consequences for current and future generations.
Empty stomachs are rioting
We have for years warned about
hyperinflation leading to famine, misery and social unrest. Well, this
is exactly what is happening in many parts of the world. The protests
and overthrowing of regimes in Tunisia, Egypt and Libya are primarily
due to a major part of the peoples of these nations having no job, no
money and little food. It is their empty stomachs that are rioting. In
addition they are protesting against the leaders of these countries
stealing from the people.
It is virtually certain that these riots
will spread to many countries in the Middle East, Africa and the
developing world. This will lead to new regimes and new political orders
that could either be far left or far right politically or religious
extremists. But the new regimes will not be in a position to change the
root of the problem which is famine and poverty. In Egypt for example
there has been a quiet military coup. It is unlikely that a democratic
regime will take over from the military. So the people will protest
again and again. And this will be the same in most countries. Eventually
the people will take the law into their own hands since no regime will
be able to give them the food that they need.
The hyperinflationary deluge is imminent
Although food and fuel inflation is
rampant worldwide already, we are only seeing the very beginning.
Massive oil price rises are likely to continue as a result of the
geopolitical situation as well as peak-oil. The Middle East is a time
bomb waiting to go off. Israel is in an extremely precarious position
and the involvement or non-involvement of the US in this conflict would
both have dire consequences for Israel and peace in the world. Food
prices will continue to rise dramatically. Major parts of the world are
living below the poverty line today and this will increase
exponentially.
The lethal concoction of rising food and
fuel prices is already affecting the Western world. The Continuous
Commodity Index – CCI, (60% food, 17% energy and 23% metals) has almost
doubled since the low in early 2009 and has gone up 42% in the last 12
months. The almost vertical rise of the CCI is one of the best
indicators of hyperinflation being imminent. A catastrophe of
astronomical proportions is looming. This will hit the world at a time
when there is no capacity whatsoever to take any real measures that
could alleviate the problems.
(Click image to enlarge)
Most
countries are already running major deficits which will increase
dramatically in the next few years. The banking system is bankrupt and
is only holding together due to false valuations of toxic debt and
derivatives. This is done with the blessing of governments since
virtually no major bank could face an honest valuation of its assets.
Unemployment and especially youth unemployment is currently a problem
worldwide and it will get much worse. In 2010, the US government spent
60% more than its revenues. In order to balance the budget individual
and corporate income taxes would have to double.
Never before in history has the world run out of real money as well as (affordable) food and fuel simultaneously. But his is exactly what is happening now and it will get substantially worse in the next few months and years.
Financial misery, famine and high
unemployment combined with governments that will not be in a position to
give real help are a recipe for disaster that will lead to social
unrest and revolutions not only in developing countries but also in the
West. Hungry people are desperate people and desperate people do
desperate deeds. We could see already in 2011 food shortages, and riots
both in Europe and in the US.
Hyperinflation Watch
The following are INDISPUTALBLE FACTS:
- The US dollar is down 82% against gold since 1999
- The US dollar is down 49% against the Swiss Francs since 2001
- The Dow Jones is down 81% against gold since 1999
- The Continuous Commodity Index is up 100% since 2009
The above facts are clear evidence of an
economy that has been totally mismanaged. But more importantly most of
these trends are now starting to accelerate – a clear sign that
hyperinflation is just around the corner.
With
years of negative net worth and negative cash flow, the US is bankrupt
today. The Federal deficit is forecast to increase by at least another $
5 trillion in the next 5-7 years. Add to this the State deficits, the
Municipal and City deficits that are rising at a galloping rate and we
have a country that is going to haemorrhage to death in the next few
years. One wonders when the totally ineffective and clueless rating
agencies are going to fathom this. Not that it will matter if they once
do. One also wonders what Mme Bernanke de Pompadour and his court are
thinking. “She” and her courtiers should have above average intelligence
and could not possibly avoid seeing the facts that we all see today (of
course, some of us have seen it coming for over a decade). But “she”
has to please her master King Louis XV Obama and her devotion to the
king goes above all reasonable common sense, or rationale. So the two of
them will continue to crank up the printing press and drown their
people and the world in worthless paper.
Stock Market
To believe that the current money
printing liquidity boom is real and sustainable would be a very serious
and expensive mistake. The temporary and illusionary pickup that we are
now seeing in the economy and stock market is the normal initial phase
of a hyperinflationary economy. It must not be mistaken for a real
improvement in the economy.
The normal pattern at the beginning of a
hyperinflationary period is that stock markets surge. This is the
result of the increased liquidity and a flight to more inflation proof
assets. This was the case in for example the Weimar Republic and
Zimbabwe. Just look at the chart below of the Zimbabwe stock exchange
that went from 1,420 in January 2005 to 5.4 trillion in June 2008, a 3
billion per cent increase. That was of course in Zimbabwe dollars. In
US dollars the stock exchange went sideways with major volatility. So
in hyperinflationary terms stock markets could continue to rise
initially thus making them a better investment than cash. However,
measured against real money, the Dow has gone down 82% against gold
since 1999 and 86% against silver since 2001 (see chart above). We are
currently seeing a dead cat bounce but we expect the Dow to decline a
further 90%, at least, against gold in the next few years. So even if
stock market investments will initially give the illusion of protecting
investors, it will be a very poor hedge against the ravages of
hyperinflation in real terms.
ZIMBABWE STOCK INDEX 2007-2008
Bond market
In January 2009, we warned investors
that long term interest rates were bottoming. Since then the 30 year
bond yield is up from 2.6% to 4.6% an 80% rise. But more importantly the
30 year is currently in the process of breaking a 17 year downtrend
line which dates back to 1994. This confirms that rates will now start a
major and rapid rise which is likely to reach the mid-teens or higher.
Governments will attempt to keep short rates low due to weak economies
but eventually the rising long rates will put strong upward pressure on
the short rates. So the flight to government bonds that we have seen in
the last few years will soon reverse into a massive rush for the exit.
This will coincide with rapidly increasing financing requirements by the
US, UK, EU and many other governments. The poisonous concoction of
rising rates and rising financing needs will create a vicious circle of
collapsing bond markets and unsustainably high financing cost. This will
continue to drive interest rates even higher which will further
increase deficits and necessitate even faster running printing presses.
Add to that a collapsing currency and the hyperinflationary picture is
complete. It is our very strong view that investors should exit bond
markets entirely if they want to avoid a total destruction of their
assets.
Currency Market
As we have explained for many years, hyperinflation is created by the
government destroying the currency as a result of money printing to
finance deficits. This leads to the cost push inflation that we are now
experiencing. Add to that, shortages in commodities worldwide, thus
creating the perfect hyperinflationary scenario. The Dollar, the Pound,
the Euro and many other currencies will continue to decline. They can’t
all decline against each other at the same time so the market will take
turns in attacking one currency at a time. But all currencies will
continue to decline against gold. We believe that the dollar will soon
start a very rapid fall against gold and against many currencies.
Investors should exit the Dollar and also the Pound and the Euro. There
is no currency better than gold or silver but for any small amounts of
cash we prefer the Swiss Franc, the Norwegian Krone, the Singapore
dollar and the Canadian dollar.
Wealth Protection
A hyperinflationary depression will
destroy the value of money as well as most assets that were financed by
the credit bubble (property, stock market). Wealth protection is now
critical and urgent. We see no better way of protecting assets against
total destruction than physical gold and silver stored outside the
banking system. Thereafter, precious metals, energy and food stocks are
our preference. But it must be remembered that any asset including
stocks that is held through a bank is dependent on a sound and surviving
banking system.
The real move in precious metals is
still to come as we have outlined in many articles. Less than 1% of
investors own gold. Before this economic cycle is over we are likely to
see a mania in physical precious metals that will drive prices
exponentially higher. And luckily for investors, this is a mania which
is unlikely to end in a collapse since gold most probably will be part
of a future reserve currency.
Finally we are again quoting von Mises who clearly understood that “le déluge” is inevitable:
“There is no means of avoiding a
final collapse of a boom brought about by credit expansion. The
alternative is only whether the crisis should come sooner as a result of
a voluntary abandonment of further credit expansion or later as a final
and total catastrophe of the currency system involved.” – Ludwig von Mises
It does bother me a bit, when skeptics (including close friends) attempt to debunk homeopathy by pointing out that in some (the "more powerful" dilutions) preparations, there may be no molecule of the active ingredient left. That, by any naturalistic argument, homeopathy runs counter to hundreds of years of research in biology, chemistry, physics, and of course medicine. These skeptics are missing an important point: it's not supposed to work that way. They do not claim it works that way.
The way they claim it works is, when distilled (get it?) to its essence, magic. And magic need not follow the rules of the material. The homeopathic "overdoses", which make perfect sense from a naturalistic world view (you are taking more of the substance, after all, so it's an overdose) are not a disproof of the magical properties of the "cure" (which, when prepared by the proper procedure, gets stronger as it is more diluted). And homeopathic "proving" demonstrates that one cannot, by their rules (again, it is important not to project a naturalistic world view onto a magical process), simply assume that a given remedy will work for the skeptic who is attempting to overdose on it. (Yes, from a naturalistic world view, the "proving" process allows spontaneous remission, the natural course of an illness, and regression to the mean to be mistaken for a real cure, and here a double blind study can clearly show homeopathy to be utter horseshit, but that is an empirical disproof rather than a logical one which presumes a different axiomatic worldview, to wit, naturalism.)
And this explains why water does not just naturally retain the memory (as Tim Minchin so wonderfully puts it) "of all the poo it's had in it", having been diluted in rivers and streams, lakes and oceans. Succussion is a very precise process, and tremendously important to the activation of the vital properties of the cure; if not done properly, you might as well be waving your wand without saying "wingardium leviosa", or vice versa.
It works by magic; it does not claim to work by naturalistic means. (Rather, it doesn't work, but its claimed mechanism is magical.)
It's utter shite, but its practitioners can look at our naturalistic arguments and sneer that we don't understand. And they may have a homeopathically diluted point.
On the other tentacle, the majority of the remedy-buying public does not know this, so the overdoses are a good method to wake up the people who think that homeopathy is simply another form of medicine. And this is a Very Good Thing.
But we won't convince the true believers by rational arguments or demonstrations. I suggest a bit of practice: "Riddikulus!"
Source: http://removeripoffreports.net/ corporate Reputation Management
The best in online reputation management
No comments:
Post a Comment