bug
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Post by bug on Jul 12, 2022 8:56:19 GMT 10
Yeah, the Saudi Govt are scum. They are just smart enough not to piss off the Americans and make sure they make a squillion dollars walking that line.
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rastus
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Post by rastus on Jul 12, 2022 10:40:14 GMT 10
Russia is selling oil at a discount to "friendly countries". This allows these friendly countries to resell the oil at a massive markup (before or after refining) to all the countries that are sanctioning Russia.
India is doing it, and it even makes sense for oil producers like the Saudis. They are making huge profits without depleting their own reserves.
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malewithatail
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Post by malewithatail on Jul 12, 2022 11:24:14 GMT 10
Well done sleepy old Joe, a big fat sanctions fail there boy.....
Its not pretty being easy.
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spatial
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Post by spatial on Jul 12, 2022 18:04:06 GMT 10
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spatial
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Post by spatial on Jul 13, 2022 12:39:19 GMT 10
US bond yield curve has gone negative on the 1y and 2y to 10y, the biggest financial market in the world. Last 7 recession were preceded by negative bond yield www.gurufocus.com/yield_curve.phpEuro made parity, now below the USD, European markets heading for big crash. Developing countries falling over like flies. Social unrest then war then famine.
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frostbite
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Post by frostbite on Jul 13, 2022 13:35:53 GMT 10
The reason I prep is to ensure none of this makes me lose sleep. Although I might need more popcorn.
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Post by Stealth on Jul 13, 2022 14:03:27 GMT 10
Agreed. The more you're ready for bad times the easier you sleep at night. All these global shenanigans don't mean much if you don't have to rely on anyone else. We're not quite there yet but hopefully before long I'll be resting just as easy.
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malewithatail
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Post by malewithatail on Jul 13, 2022 14:35:01 GMT 10
It is a comforting thought that as things start to unravel and fall apart, you have prepared for the survival of yourself and those entrusted to your care. You may not survive the coming fail, but at least you gave it your best shot. I don't think anyone is truly ready for the collapse, and you will need to think on your feet, overcoming problems as they arise. That's being prepared. Ready to act quickly and with reason to threats to your groups survival. Note I said groups...The only way most will overcome this is to form survival groups, either family's together, or trusted friends and partners. Those with skills and resources that will be needed will be in demand. Independent power. water and ways of growing and preserving food will be vital. On a large scale, this could include a tractor and implements to plant and harvest crops, and the fuel to run the gear. I think that 3 years fuel supply would be enough, as after that, society will have begun to rebuild and the great die off will have happened. Independent communications will be vital, both to keep up with local events and international issues via short wave radio. Ultimately, if you can make yourself a hub for intel, your chances of survival are improved, as people will rely on your services for information. The net, phone system and most radio stations will all be down, probably for ever. I have constructed a small AM broadcast transmitter, sufficient for a 100 km range, to be that person. At present, using such a transmitter is totally illegal and can result in 1,000's $ fines, but after the collapse, central Govt will be non existent.That transmitter can also be tuned to various ham bands, as well as most international short wave frequencies, so is pretty versatile. And its valve operated from the same gene-motor that the main receiver here is run from, making it EMP/CME proof. Just think about not knowing whats happening, even when times are good and the grid goes down, or floods happen, people crave information and want to know whats happening, staying glued to the box, or the screen. Now multiply that 1,000 times and take away society, the net, phones and so on. Information will be a tradable commodity. I suppose its called peace of mind. Being prepared will enable you to think clearly and not panic, which will be the downfall of many. Having systems, and backup systems in place is vital. Not just one point of failure.
Thoughts please ? Its really difficult to soar with eagles when you work with turkeys.
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spatial
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Post by spatial on Jul 13, 2022 15:39:56 GMT 10
Thoughts please ? Its really difficult to soar with eagles when you work with turkeys. Why am I surrounded by idiots - should be the prepper manta.
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spatial
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Post by spatial on Jul 13, 2022 15:49:38 GMT 10
It is a comforting thought that as things start to unravel and fall apart, you have prepared for the survival of yourself and those entrusted to your care. You may not survive the coming fail, but at least you gave it your best shot. I don't think anyone is truly ready for the collapse, and you will need to think on your feet, overcoming problems as they arise. That's being prepared. Thoughts please ? This general prep is outside of the thread, but many people are going nuts over potential crash and expected riots and destruction of civilization. The peace of mind needs to be addressed. Yip community is a key, so is information, and most importantly having a plan even a bad plan is better than no plan. $2,000 could buy one 6-21 months of food storage and peace of mind - no need to panic and have loss of sleep. Soft skills like management, people management. Without good management skill and keeping people and community together thinks can rapidly fall apart in a bad situation. My experience is most people actually want to be lead and not have the responsibility of decision making. Having skill to include people and make them part of group think without being dictatorial is what will make the difference.
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malewithatail
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Post by malewithatail on Jul 13, 2022 17:15:58 GMT 10
Another thought. Learn an unusual skill, such as soldering. There will be those who need, say, a wire soldered to their solar electric fence unit. Be that person. Build up an arsenal of battery power tools, able to be charged from your solar system. Be the handy person, the go to. It will consolidate your position, and open opportunities for bartering of skills for food etc.
It's worse than that...it's physics Jim !
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bug
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Post by bug on Jul 15, 2022 9:20:08 GMT 10
Yeah it really is interesting how many people prefer being led than to be the ones to lead. Yet if you ask them they'll say the exact opposite.
The past two years have shown very clearly how willing to accept authoritarian rule most people are. Andrews could have kept going. Could have kept tightening the screws. Most would not have opposed him an he knows it. So does every other wannabe dictator. The laws he has put in place are permanent and require no external approval. The ability to lockdown, restrict movement and detain citizens can be done by decree in Victoria now.
I've experienced the non-willingness to lead personally so many times. Most will complain fiercely about leaders, be they political, family, business etc. But almost invariably the whinger is not willing to step up and lead, or even offer any real opposition other than complaining.
It's no surprise that business leaders of even moderate 'rank' are so highly paid. There are so few people who have the combination of wanting to lead and being even remotely good at it.
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frostbite
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Post by frostbite on Jul 15, 2022 11:43:08 GMT 10
These days most Australians have no backbone.
They embrace the authoritarian rule their grandfather's died fighting against.
But hey, Qld won game 3 of the State Of Origin.
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malewithatail
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Post by malewithatail on Jul 15, 2022 13:23:46 GMT 10
And rolling up their sleeves for jab no 4, like good little sheeples......
Ive understood it !!! Well, that is....I'm not exactly sure what Ive understood, but I have the impression Ive understood something or other...
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spatial
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Post by spatial on Jul 16, 2022 10:24:44 GMT 10
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bug
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Post by bug on Jul 16, 2022 17:18:13 GMT 10
Not gonna lie, there won't be a single tear shed over china's real estate collapse. They build cities out of shitty apartment buildings that fall apart in a few years and nobody ever moves into. It's been nothing more than a real estate ponzi scheme. The environmental damage however is immense. They've also lost so much of their best farmland to these 'developments'. Look up 'china ghost city' or go to Laowhy86 on youtube. He's done motorcycle tours through these places. Buildings crumble before anyone even moves in.
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rastus
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Post by rastus on Jul 16, 2022 18:31:21 GMT 10
Construction in China is nuts, they buy off the plan and pay full in advance - only 60% of projects sold between 2013 and 2018 have been delivered. The construction companies leave projects for so long they literally cannot afford to finish them with current material costs.
And nobody gave a damn about all the people who had paid for units years ago, until they stopped paying the mortgage on the non-existent or unfinished units. In a way, it will be poetic when the banks foreclose and get either nothing or earthworks and a few concrete columns.
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spatial
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Post by spatial on Jul 16, 2022 19:34:57 GMT 10
Not gonna lie, there won't be a single tear shed over china's real estate collapse. They build cities out of shitty apartment buildings that fall apart in a few years and nobody ever moves into. It's been nothing more than a real estate ponzi scheme. The environmental damage however is immense. They've also lost so much of their best farmland to these 'developments'. Look up 'china ghost city' or go to Laowhy86 on youtube. He's done motorcycle tours through these places. Buildings crumble before anyone even moves in. All true the ponzi schemes are unravelling. 2008 GFC was just the US housing market. Now it is all over every asset class and most countries and wars have started with developing countries folding. . It is a guarantee that the systems has to collapse. Currently the US is weak without a government with Biden in power. The Chinese will invade Taiwan and take opportunity with crumbling Europe. US mid term elections in November will be very disruptive. High probability 2022 becomes a major disaster.
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frostbite
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Post by frostbite on Jul 16, 2022 19:54:19 GMT 10
Good. I got a heap of popcorn I need to eat before it's expiry date.
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spatial
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Post by spatial on Jul 19, 2022 16:39:19 GMT 10
The news comes in so fast, too many disasters on top of each other.. Europe has been calling 22 July apocalypses day.... Gas supply from Russia to Germany was shut down for routine 10 day summer maintenance. German stocks are very low and they need to start building stocks for Winter. The fear was Russia would not resume supply after the scheduled 10 day maintenance break. News headlines speak for them selves...... Exclusive: Russia's Gazprom tells European buyers gas supply halt beyond its controlwww.reuters.com/business/energy/russias-gazprom-declares-force-majeure-gas-supplies-europe-2022-07-18/LONDON, July 18 (Reuters) - Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of "extraordinary" circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine. Gazprom Declares Force Majeure, Will Halt Gas Flows To Germany Indefinitelywww.zerohedge.com/energy/gazprom-declares-force-majeure-will-halt-gas-flows-germany-indefinitelyRussia’s Gazprom declares force majeure on some gas supplies to Europewww.cnbc.com/2022/07/18/russias-gazprom-declares-force-majeure-on-some-gas-supplies-to-europe.htmlRussia’s Gazprom has declared force majeure on gas supplies to Europe to at least one major customer, according to the letter from Gazprom dated July 14 and seen by Reuters on Monday. The letter said Gazprom, which has a monopoly on Russian gas exports by pipeline, could not fulfil its supply obligations owing to “extraordinary” circumstances outside its control.
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