tag:blogger.com,1999:blog-81418405656594916982024-02-02T18:01:20.272-05:00FIRST FINANCIAL INSIGHTSOver 1.5 MILLION International Followers and Readers have engaged our various periodic blogs plus the regular curated digest of research, commentary and ideas from top global investors, economists, scientists, experts and media; focusing on Humanity's "BIG 7 Es" as they pertain to economics, investing and wealth concepts..In the Know ,Ahead of Markets ,Deciding WiselyT A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.comBlogger373125tag:blogger.com,1999:blog-8141840565659491698.post-41048076875161187812023-01-22T01:10:00.007-05:002023-01-22T01:10:46.104-05:00FINANCIAL #HOAX: #CRYPTO #COLLAPSE CONTINUES WITH NO END IN SIGHT<p style="text-align: center;"> <span style="font-size: large;"><b><a href="https://firstfinancialinsights.blogspot.com/2018/03/expose-blockchain-huge-21st-century.html" target="_blank">REMEMBER FIRST FINANCIAL INSIGHTS WARNED EVERYONE ABOUT THESE HOAXES FIVE YEARS AGO</a></b></span></p><p style="text-align: center;"><span style="font-size: large;"><b></b></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: large;"><b><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjXee2EO0kIR2c0fbd_-aOl7FZFHnVoWBfIkN7YRmd8tAIKIi3CwaTehmiLdr2qmCzEUea1lVJIzcNjTbMut8Kr9LjFLRl0ce0gdLX3_zgUPU-Mqe5kwkAkROkMoHh3bYPEBldFsl1orn6h5Y02CPArZycM-mTL9P37rDfpYyFnav66AVy1-eXJHPMv" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="460" data-original-width="640" height="341" src="https://blogger.googleusercontent.com/img/a/AVvXsEjXee2EO0kIR2c0fbd_-aOl7FZFHnVoWBfIkN7YRmd8tAIKIi3CwaTehmiLdr2qmCzEUea1lVJIzcNjTbMut8Kr9LjFLRl0ce0gdLX3_zgUPU-Mqe5kwkAkROkMoHh3bYPEBldFsl1orn6h5Y02CPArZycM-mTL9P37rDfpYyFnav66AVy1-eXJHPMv=w475-h341" width="475" /></a></b></span></div><span style="font-size: large;"><b><br /><a href="https://firstfinancialinsights.blogspot.com/2018/03/expose-blockchain-huge-21st-century.html" target="_blank">READ MORE</a></b></span><p></p><div style="text-align: center;"><b><span style="font-size: large;">THE BIGGER FOOL THEORY END GAME UNFOLDS</span></b></div><span class="hed-heading" href="https://foreignpolicy.com/2023/01/21/crypto-crash-genesis-bitcoin-regulation/" style="box-sizing: inherit; color: #111111; font-family: Tiempos, Georgia, serif; font-size: 20px;"><h1 class="hed" style="box-sizing: inherit; font-size: 2.6em; letter-spacing: -0.5px; line-height: 1.15em; margin: 0.4em 0px 0px;">The Crypto Dominoes Are Still Falling</h1></span><span style="font-family: Tiempos, Georgia, serif; font-size: 20px;"></span><h2 class="dek-heading" style="box-sizing: inherit; color: #111111; font-family: "Tiempos Headline", Georgia, serif; font-size: 1.1em; font-weight: 200; line-height: 1.25em; margin: 0.25em 0px 1em;">The bankruptcy of Genesis shows the need for regulators to have teeth.</h2><div style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEheDV4B1ONmsMo2ktouqgTbUNtQXvqhU2qykMzS08HnDa1zxI-ZeQwa6MDXF95v7FjVWQB2gJwUgdX-wf-1h01KhlkCv_gocPglnH3XUwEMj2TXJqkoPwt5RT-THOXb421sQOpo0QDuFA9XvsfjAT35TxopAeRdkLOTyEvFdwNu9fQp_qFduQHfJBiP" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="667" data-original-width="1000" height="379" src="https://blogger.googleusercontent.com/img/a/AVvXsEheDV4B1ONmsMo2ktouqgTbUNtQXvqhU2qykMzS08HnDa1zxI-ZeQwa6MDXF95v7FjVWQB2gJwUgdX-wf-1h01KhlkCv_gocPglnH3XUwEMj2TXJqkoPwt5RT-THOXb421sQOpo0QDuFA9XvsfjAT35TxopAeRdkLOTyEvFdwNu9fQp_qFduQHfJBiP=w570-h379" width="570" /></a></div><div><br /><div class="meta-data" style="border: 0px; box-sizing: inherit; font-family: Solido, Arial, sans-serif; font-size: 0.7em; line-height: 1.35em; margin-bottom: 1.5em; padding: 0px; text-transform: uppercase;"><time class="date-time" datetime="2023-01-21" pubdate="" style="box-sizing: inherit;" title="January 21st, 2023">JANUARY 21, 2023, 7:00 AM</time></div><div class="content-gated" style="box-sizing: inherit; font-family: Tiempos, Georgia, serif;"><p style="box-sizing: inherit;"><span style="font-size: large;">After the highs of 2021, cryptocurrency crashed to the ground in 2022. One by one, multiple large crypto firms toppled, dragging many minor firms down along with them in a small-scale replay of the 2008 financial crisis. It’s a collapse that has taken out fortunes, or supposed fortunes, worldwide—and it isn’t over yet.</span></p><p style="box-sizing: inherit; text-align: center;"><span style="font-size: large;"><b>BUFFET'S WISDOM WAS RIGHT</b></span></p><p style="box-sizing: inherit;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="399" src="https://www.youtube.com/embed/XUsgoPAes8w" width="480" youtube-src-id="XUsgoPAes8w"></iframe></div><br /><p></p><p style="box-sizing: inherit;"><span style="font-size: large;">TerraUSD, a “stablecoin” token used in place of real dollars, which had reached a supposed value of $18 billion, <a href="https://foreignpolicy.com/2022/05/12/cryptocurrency-crash-2008-financial-crisis/" style="box-sizing: inherit; color: #111111;">collapsed in May</a>. Its failure took out crypto hedge fund Three Arrows Capital (3AC) in June. Lending platforms Celsius and Voyager followed in July. FTX, one of the largest crypto exchanges, fell in November. <a href="https://foreignpolicy.com/2022/11/11/ftx-crypto-bitcoin-sambankmanfried-effectivealtruism/" style="box-sizing: inherit; color: #111111;">Its founder</a> and <a href="https://www.cnbc.com/2022/12/22/ftxs-gary-wang-alamedas-caroline-ellison-plead-guilty-to-federal-charges-cooperating-with-prosecutors.html" style="box-sizing: inherit; color: #111111;" target="">two top executives</a> have been charged with fraud.</span></p><p style="box-sizing: inherit;"><span style="font-size: large;">All of these firms relied on a modern-day form of check kiting to make themselves appear solvent when they were not. Only instead of writing checks between different accounts to temporarily inflate them with non-existent funds, they were making loans to each other and counting each loan as an asset. FTX was <a href="https://www.washingtonpost.com/business/2022/11/28/crypto-bank-blockfi-its-fate-entwined-with-ftx-files-bankruptcy/" style="box-sizing: inherit; color: #111111;" target="">both borrowing from and lending</a> money to crypto lender BlockFi, which also went bust. In his <a href="https://pacer-documents.s3.amazonaws.com/115/312902/126122257414.pdf" style="box-sizing: inherit; color: #111111;" target="">bankruptcy documents</a> detailing how Celsius became insolvent, CEO Alex Mashinsky doesn’t clearly spell out who the loans are to or from.</span></p><p style="box-sizing: inherit; text-align: center;"><span style="font-size: large;"><b>NOBEL PRIZE ECONOMIST CONFIRMS BITCOIN WORTHLESS</b></span></p><p style="box-sizing: inherit;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="425" src="https://www.youtube.com/embed/xSiwlUTcoXs" width="512" youtube-src-id="xSiwlUTcoXs"></iframe></div><p></p><p style="box-sizing: inherit;"><span style="font-size: x-large;"><br /></span></p><p style="box-sizing: inherit;"><span style="font-size: x-large;">The <b>cryptocurrency lobby attempts to confuse users and regulators with claims that “technology” makes everything different. This is false.</b> Crypto tokens have all been new forms of existing financial instruments used in the service of old shenanigans—whether it’s money laundering, overleveraged trading, asset inflation with nonfungible tokens (NFTs), or pump-and-dumps, <b>using decentralized finance tokens as penny stocks.</b></span></p><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"><a href="https://foreignpolicy.com/2023/01/21/crypto-crash-genesis-bitcoin-regulation/?tpcc=recirc_trending062921">By <span style="box-sizing: inherit; color: #111111; font-weight: bolder;">Amy Castor</span><span style="color: #111111;"><span style="box-sizing: inherit;">,</span></span></a> an independent reporter who has been covering cryptocurrency and blockchain since 2016. </div><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"><br /></div><p style="box-sizing: inherit; text-align: center;"><span style="font-size: x-large;"></span></p><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"> </div><p style="box-sizing: inherit; text-align: center;"><b><span style="font-size: medium;"><a href="https://foreignpolicy.com/2023/01/21/crypto-crash-genesis-bitcoin-regulation/?tpcc=recirc_trending062921" target="_blank">READ MORE</a></span></b></p><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"><br /></div><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"> </div><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px;"><br /></div><div class="author-bio-text" style="box-sizing: inherit; font-family: Solido; font-size: 11.2px; text-align: center;"> <b style="font-family: Tiempos, Georgia, serif; text-align: center;"><span style="font-size: x-large;">BLOCKCHAIN AND CRYPTOCURRENCY ARE THE BIGGEST SCAMS IN HISTORY</span></b></div><p style="box-sizing: inherit; text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="429" src="https://www.youtube.com/embed/lEl_F3fw2m8" width="517" youtube-src-id="lEl_F3fw2m8"></iframe></div><br /><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/hVdKRaxNwdU" width="320" youtube-src-id="hVdKRaxNwdU"></iframe></div></div></div><div><br /></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-68280863777340035712023-01-17T23:10:00.002-05:002023-01-17T23:10:54.715-05:00WHAT #COMPANIES DO TO #PERFORM WELL IN A #RECESSION<p> </p><h1 data-test-locator="headline" style="background-color: white; color: #1d2228; font-size: 2.46em; font-stretch: normal; line-height: 1.25; margin: 0px; text-align: center;"><span style="font-family: georgia;">The companies that had the best shareholder return in the previous recessions did these three key things</span></h1><div><span style="font-family: georgia;"><br /></span></div><div><br /></div><div style="text-align: center;"><b><span style="font-size: large;">IS ANY BUSINESS RECESSION-PROOF???</span></b></div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="419" src="https://www.youtube.com/embed/12bMsvSu6Ig" width="504" youtube-src-id="12bMsvSu6Ig"></iframe></div><br /><div style="text-align: center;"><span style="background-color: white; color: #1d2228; font-size: 18.005px; font-weight: 700; text-align: start;"><span style="font-family: georgia;"><a href="This story was originally featured on Fortune.com">FORTUNE</a></span></span></div><div style="text-align: right;"><span style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 18.005px; font-weight: 700; text-align: start;"><br /></span></div><div style="text-align: right;"><span style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 18.005px; font-weight: 700; text-align: start;">Orianna Rosa Royle</span></div><div style="text-align: right;"><span style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 18.005px; font-weight: 700; text-align: start;"><br /></span></div><div style="text-align: right;"><span style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 18.005px; font-weight: 700; text-align: start;"><br /></span></div><div style="text-align: right;"><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">While a recession may be <a class="link " data-rapid_p="7" data-v9y="1" data-ylk="slk:shallower (albeit longer) than previously predicted" href="https://fortune.com/2022/12/16/how-bad-recession-double-normal-length-china-bridgewater-associates-cio/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">shallower (albeit longer) than previously predicted</a>, businesses will still be eyeing up cost-saving measures going into 2023.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">In a bid to save costs and weather the economic headwinds, many firms across the board are even resorting to large-scale layoffs.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;"><a class="link " data-rapid_p="8" data-v9y="1" data-ylk="slk:Amazon" href="https://fortune.com/company/amazon-com/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">Amazon</a> is letting go more than 18,000 staff around the world this month and job cuts at <a class="link " data-rapid_p="9" data-v9y="1" data-ylk="slk:Goldman Sachs" href="https://fortune.com/company/goldman-sachs-group/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">Goldman Sachs</a> which will impact around 6.5% of its workforce, began last week.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">They mark the largest layoffs in Amazon’s history and at Goldman Sachs’ since the financial crisis.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Yet there is good data to show that there is more to surviving a recession than cuts - and actually now might be the time to grab market share and reinvest into the business.</span></p><div class="caas-da" style="background-color: white; color: #1d2228; font-size: 13px; margin: 0px 0px 10px; text-align: center;"><div id="sda-INARTICLE"></div></div><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;"><a class="link " data-rapid_p="10" data-v9y="1" data-ylk="slk:McKinsey" href="https://fortune.com/company/mckinsey/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">McKinsey</a> studied around 1,200 public companies in the U.S. and Europe during the Great Recession (2007–11) and the peak of the coronavirus pandemic (2020–21) and found that the companies that had the best shareholder return during this period were the ones that did three things: improved margins, decreased their financial leverage, and timed it all perfectly before the economy hit rock bottom.</span></p><h2 style="background-color: white; color: #1d2228; font-size: 1.85em; line-height: 1.33; margin: 0.8em 0px; text-align: start;"><span style="font-family: georgia;">Lesson one: Improve margins as economies tilt into recession</span></h2><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">McKinsey’s research shows that across sectors, leaders who worked to improve their margins or grow their revenue early on during a recession experienced better total shareholder return through the economic cycle than their peers. Essentially, boosting margins allows companies to squirrel away more capital.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">“Strong margins help a company ease through macro headwinds; many companies achieve margin strength by improving operating efficiency through upskilling and digital innovation that increases frontline productivity,” the report says.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">The key is that improving margins <em>early</em> produced bigger gains in performance than early-cycle revenue growth did. Meanwhile, businesses that led in revenue growth but lagged behind peers on EBITDA (Earnings Before Interest, <a class="link " data-rapid_p="11" data-v9y="1" data-ylk="slk:Taxes" href="https://fortune.com/company/marketaxess-holdings/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">Taxes</a>, Depreciation, and Amortization) margin performance didn’t come out of either recession on top.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">The study maintains that this means leaders must look to both long-term growth opportunities, as well as short-term “timely jolts”.</span></p><h2 style="background-color: white; color: #1d2228; font-size: 1.85em; line-height: 1.33; margin: 0.8em 0px; text-align: start;"><span style="font-family: georgia;">Lesson two: Optionality in the balance sheet is key</span></h2><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">History has shown that businesses that do the little things to grow retained earnings, improve working capital, and lower their debt burden outperform those that don’t.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Optionality in the balance sheet—a combination of growth in retained earnings and improvement in working capital, on one hand, and a decrease in financial leverage, on the other—is particularly helpful going into and coming out of a period of constrained credit.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">This was less important during the last economic downturn in 2020 when interest rates were low. However, building optionality during the 2007-2008 financial crash - when interest rates were comparably high to today - was key to success.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Likewise, companies refinancing their debt face considerably higher expenses than they did in the past, due to rising interest rates. They must decrease their financial leverage and reinvest in new opportunities to drive growth and productivity, or “pursue accretive M&A as the economy begins to rebound” to outperform competitors.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">“Companies with deep and flexible balance sheets not only have better protection against the risks of economic slowdown but also have reserve funds to pursue the valuable growth opportunities that the recovery phase of a recession brings,” the report adds.</span></p><h2 style="background-color: white; color: #1d2228; font-size: 1.85em; line-height: 1.33; margin: 0.8em 0px; text-align: start;"><span style="font-family: georgia;">Lesson three: Timing and balance are key</span></h2><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Companies must take a balanced approach to growth, margin improvements, and balance sheet optionality.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Interestingly, businesses that were in the top 20 to 40% on all three dimensions outperformed those that excelled on only one dimension and fell into the bottom 60% on others. So a balanced performance across all three delivered better returns than an outstanding performance on one factor alone.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">But most importantly, they acted proactively rather than reactively.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Companies that got their ducks in a row before the economy hit rock bottom were able to use the strength of their balance sheets to invest in the business, such as by acquiring new businesses or staff members.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">Indeed industries that are cash-rich or have longer investment horizons are better positioned to do this. But overall, the strategy of increasing growth and margin levers in advance, rather than making last-minute drastic cuts, has been proven to work across every sector.</span></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><span style="font-family: georgia;">As McKinsey says in its report: “It’s clear that moving early in the recovery cycle brings outsize rewards.”</span></p><p style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.8; margin: 0px 0px 0.8em; text-align: center;"><b style="font-family: "Times New Roman";"><span style="font-family: georgia; font-size: x-large;">ORACLE OF OMAHA</span></b></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: center;"><b><span style="font-family: georgia;">BUFFET'S THOUGHTS ON THE 2023 RECESSION</span></b></p><p style="background-color: white; color: #1d2228; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="414" src="https://www.youtube.com/embed/U9KxB0BKf-I" width="498" youtube-src-id="U9KxB0BKf-I"></iframe></div><br /><p style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: center;"><br /></p><p style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 1.385em; line-height: 1.8; margin: 0px 0px 0.8em; text-align: start;"><br /></p><p style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.8; margin: 0px 0px 0.8em; text-align: center;">This story was originally featured on <a class="link " data-rapid_p="13" data-v9y="1" data-ylk="slk:Fortune.com" href="https://fortune.com/2023/01/16/the-companies-that-had-the-best-shareholder-return-in-the-previous-recessions-did-these-three-key-things/" rel="nofollow noopener" style="background-color: transparent; color: #0f69ff; cursor: pointer; text-decoration-line: none;" target="_blank">Fortune.com</a></p></div><div style="text-align: center;"><span style="background-color: white; color: #1d2228; font-family: "YahooSans VF", "Yahoo Sans", YahooSans, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 18.005px; font-weight: 700; text-align: start;"><br /></span></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-8945726046390352652023-01-17T00:05:00.003-05:002023-01-17T00:05:30.385-05:00A #TALE OF TWO CITIES - #ECONOMICS AND #SCIENCE COLLIDE<p> <b style="color: #222222; font-family: georgia, serif; font-size: small; text-align: center;"><span style="font-size: x-large;">SURREAL ECONOMICS OR CONCRETE SCIENCE?</span></b></p><p><b style="color: #222222; font-family: georgia, serif; font-size: small; text-align: center;"><span style="font-size: x-large;"><br /></span></b></p><div class="gmail_default" style="background-color: white; color: #222222; font-family: georgia, serif; font-size: large; text-align: center;"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjkCErhbfxMsMmuOK8QqtKHmDFYcRiNswU9u-5BmsPtkzm108_OXMExSVH7xmXdZLDeliPBIx2c-4tnHjnXFdiqSQ7UF_BPhuOCrYpwWFoBnv28ZMvqrAejvOqOBcaA6-3tU1HTb-GX9wFB8kT6vfnIOZLMEgWxs5NhEdTfSjFNQagiUalZkwJZki0gqg" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="168" data-original-width="299" height="362" src="https://blogger.googleusercontent.com/img/a/AVvXsEjkCErhbfxMsMmuOK8QqtKHmDFYcRiNswU9u-5BmsPtkzm108_OXMExSVH7xmXdZLDeliPBIx2c-4tnHjnXFdiqSQ7UF_BPhuOCrYpwWFoBnv28ZMvqrAejvOqOBcaA6-3tU1HTb-GX9wFB8kT6vfnIOZLMEgWxs5NhEdTfSjFNQagiUalZkwJZki0gqg=w505-h362" width="505" /></a></div><br /><a href="https://woodgreentenantsassociation.blogspot.com/2023/01/a-tale-of-two-cities-economics-and.html">Original Post</a></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: georgia, serif; font-size: large; text-align: center;"><br /></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><span style="color: #202122;"><i><span style="font-family: georgia, serif; font-size: medium;">It </span></i><span style="font-family: georgia, serif; font-size: medium; font-style: italic;">was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way—in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.</span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium; font-style: italic;"><br /></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: right;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium; font-style: italic;"><b>Charles Dickens</b></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: right;"><span style="color: #202122; font-family: georgia, serif; font-size: medium;"><i><b>A Tale of Two Cities</b></i></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium;"><br /></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: large;">It is fascinating to note that the profound symbolism contained in what many believe to be the greatest novel ever written can be metaphorically applied to the human condition today. The great question facing humanity centers on how to measure its state, progress, and the remaining possible extent of human activities. Are we wisely using the planet's resources and how long can these resources last and thereby human activities be sustained? To answer these questions we need metrics and numbers to know how we're doing and to see where we're going; for how long.</span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium;"><br /></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium;"><b>CITY ONE - SURREAL ECONOMICS</b></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium;"><b><br /></b></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: large;">Over time the two cities have evolved to provide the metrics to answer these questions. The first city we refer to as the <b>Theories of Surreal Economics</b>. Its primary metric is global GDP and as we can see from the chart below human progress and achievements have been utterly astounding over the past 300 years, and by the way, so has population growth.<b> What could be better?</b></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: large;"><b><br /></b></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjLQxFr8SxsdfihEqZSYrCsZKp6RnJdkwCTFCrhsxinOJu_qrXLvQm1HIqsLFY0s-Q6FcvjJBH7JD3iFs6bxqSAiud-5XX7ecAtacoRS6NwtW6Ebq-YW5uIIIQBy2tf5LHze8GkgPgPcfyqfh12dnhgjQh2yiA7eZrQAob2I8cHHA31XFzgVXI2slke6g" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="2400" data-original-width="3400" height="352" src="https://blogger.googleusercontent.com/img/a/AVvXsEjLQxFr8SxsdfihEqZSYrCsZKp6RnJdkwCTFCrhsxinOJu_qrXLvQm1HIqsLFY0s-Q6FcvjJBH7JD3iFs6bxqSAiud-5XX7ecAtacoRS6NwtW6Ebq-YW5uIIIQBy2tf5LHze8GkgPgPcfyqfh12dnhgjQh2yiA7eZrQAob2I8cHHA31XFzgVXI2slke6g=w499-h352" width="499" /></a></div><br /><br /></span></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><br /></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><br /></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; text-align: center;"><b><span style="font-family: georgia, serif; font-size: large;">GLOBAL POPULATION GROWTH</span></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><b><span style="font-family: georgia, serif; font-size: medium;"><br /></span></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><b><span style="font-family: georgia, serif; font-size: medium;"><br /></span></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><b><span style="font-family: georgia, serif; font-size: medium;"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjTwwdr1Bjynf8WVfoAGAH-E0snHj1PyfEiryl68QdIy20FyJbdLOHzq_81ua5G6BE9PfSMw1YlYtIzaX8MPEeSx1uKKl5riYyp6WvZ45XPjkU6URARDWOTydrTDz_qbYeR0wS1mxD3ATmYl0h0Q6pQPLgchbid1TGfpU4twlPNZUgxZ5n33I_D7sxO0A" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="220" data-original-width="229" height="454" src="https://blogger.googleusercontent.com/img/a/AVvXsEjTwwdr1Bjynf8WVfoAGAH-E0snHj1PyfEiryl68QdIy20FyJbdLOHzq_81ua5G6BE9PfSMw1YlYtIzaX8MPEeSx1uKKl5riYyp6WvZ45XPjkU6URARDWOTydrTDz_qbYeR0wS1mxD3ATmYl0h0Q6pQPLgchbid1TGfpU4twlPNZUgxZ5n33I_D7sxO0A=w473-h454" width="473" /></a></div><br /><br /></span></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><br /></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><b>CITY TWO - CONCRETE SCIENCE</b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">Well, the second city we refer to as the <b>Truths of Concrete Science </b>as they<b> u</b>se a different set of metrics that present an opposing view of the human condition and the physical state of the planet's resources and what is required to sustain human activities. The key metrics thus work to measure the overall physical climate, resources, and ecology. In other words, the real wealth of the planet and, not the abstract surreal version used by the first city.</span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">Here are some charts that show how we're doing using these concrete metrics.</span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">First, here is a recent report from our contact and friend <a data-saferedirecturl="https://www.google.com/url?q=https://en.wikipedia.org/wiki/James_Hansen&source=gmail&ust=1673938294620000&usg=AOvVaw38m2X_0s4Y6rCvj45xtQrv" href="https://en.wikipedia.org/wiki/James_Hansen" style="color: #1155cc;" target="_blank">Dr. James Hansen,</a> a world-renowned climate scientist who was the first to testify before the US congress in 1988 and warn the lawmakers about the impending warming of the planet. The chart presented in <b>Table 1</b> below is deeply disturbing - as it forms a graphical hockey stick similar to the GDP and Population charts above. </span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">This means that there is a high correlation and good chance of causality between GDP/Population growth and global warming. Extending these variables forwards means that we are heading to ever higher temperatures unless immediate actions are taken to either mitigate or somehow reverse this terrible trend. </span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">But climate is not the only concern of the second city. The next is resource consumption and how long before these critical resources are practically exhausted for global economic purposes. Some researchers have <a data-saferedirecturl="https://www.google.com/url?q=https://www.amazon.ca/Blip-Humanitys-self-terminating-experiment-industrialism/dp/1644380684&source=gmail&ust=1673938294620000&usg=AOvVaw3YUBgsijCI6OfZCIegAHo_" href="https://www.amazon.ca/Blip-Humanitys-self-terminating-experiment-industrialism/dp/1644380684" style="color: #1155cc;" target="_blank">targeted the exhaustion date at 2050 </a>based on the current known planetary supplies. We can see from the hockey stick chart below - that just our consumption of critical energy sources over the past 200-plus years also strongly correlates with charts for GDP/Population growth.</span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; text-align: center;"><span style="font-family: georgia, serif; font-size: large;"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhBV60L_RpnBaPJABFU3yNHyEB9TVorcfKjrw9GwANDf0s_QNebdngyPzoyAHBadHpiXaaFeUkv-otAVZwYdtpq1-VVk4ijRKufTp-xMV7YEmiNAooVNFii2sy6fau8s6QgKDDaoB6qcQEZdM_Xd8KuH6oi1D4nf6gqGy7vxfFpLGw7Llgt1WFYGimCUQ" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="303" data-original-width="567" height="345" src="https://blogger.googleusercontent.com/img/a/AVvXsEhBV60L_RpnBaPJABFU3yNHyEB9TVorcfKjrw9GwANDf0s_QNebdngyPzoyAHBadHpiXaaFeUkv-otAVZwYdtpq1-VVk4ijRKufTp-xMV7YEmiNAooVNFii2sy6fau8s6QgKDDaoB6qcQEZdM_Xd8KuH6oi1D4nf6gqGy7vxfFpLGw7Llgt1WFYGimCUQ=w646-h345" width="646" /></a></div><br /><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">These exponential growths in human activity, population, and global warming also adversely affect the other plants and creatures living on the planet which all work together to form the ecology and thereby provide a survivable habitat for humanity. There is also always the possibility that should any small critical link in the ecology be broken, then the whole system could crash into an abyss where unknown, unknowns would prevail. </span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;">The hockey stick chart below again shows a correlation that infers increased human activity, GDP, and population growth results in species' extinctions increasing in tandem. <b>We know that they can survive without us - but, can we survive without them?</b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; text-align: center;"><span style="font-family: georgia, serif; font-size: large;"><b><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgiuEevuiTiGwAGgIstUuUqOXGn_rB_yI2A76g8iAUoK59L16ViVpmF_95f-PIFsC4KIFP3THIABVuuJ7rg1P96a_T8TD9141qZ76xl2VKBf9iQyzBqkNA6rzCxuFvm7Yy-wRK63absHNyad8bzyDLwVm6R-8AXjB5BVF0in7Mbr8no662fO8ySnR0C0Q" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="643" data-original-width="695" height="527" src="https://blogger.googleusercontent.com/img/a/AVvXsEgiuEevuiTiGwAGgIstUuUqOXGn_rB_yI2A76g8iAUoK59L16ViVpmF_95f-PIFsC4KIFP3THIABVuuJ7rg1P96a_T8TD9141qZ76xl2VKBf9iQyzBqkNA6rzCxuFvm7Yy-wRK63absHNyad8bzyDLwVm6R-8AXjB5BVF0in7Mbr8no662fO8ySnR0C0Q=w568-h527" width="568" /></a></div><br /><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; text-align: center;"><b><br /></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b>CONCLUSION:</b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; text-align: center;"><span style="font-size: large;"><span style="font-family: georgia, serif;"><b>So there you have it - two </b></span><b style="font-family: georgia, serif;">different </b><b style="font-family: georgia, serif;">cities with the two views and realities that they assert. One says don't worry everything is fine - be happy. The other says we are rapidly heading into the abyss where we face the unknown, unknowns of dire consequences. It is truly amazing that what Charles Dickens historically wrote in 1859, can also apply symbolically to our world today - </b><b style="font-family: georgia, serif;">however, </b><b style="font-family: georgia, serif;">the biggest difference today is - we are simply running out of time to get it right. </b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif;"><span style="font-family: georgia, serif; font-size: large;"><b>And so it is:</b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><b><br /></b></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><div class="gmail_default" style="text-align: center;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium; font-style: italic;"><b>'we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way—in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.' </b></span></span></div><div class="gmail_default" style="text-align: right;"><span style="color: #202122;"><span style="font-family: georgia, serif; font-size: medium; font-style: italic;"><b>- Charles Dickens</b></span></span></div><b><br /></b></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><br /></span></div><div class="gmail_default" style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><span style="font-family: georgia, serif; font-size: medium;"><br /></span></div><table border="0" cellpadding="0" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding-top: 9px;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; max-width: 100%; min-width: 100%; width: 100%px;"><tbody><tr><td style="color: #202020; line-height: 24px; margin: 0px; padding: 0px 18px 9px; word-break: break-word;" valign="top"><div style="font-family: Helvetica; text-align: center;"><strong><span style="font-size: large;">Global Temperature in 2022</span></strong></div><div style="font-family: Helvetica; text-align: center;"><span style="font-size: 17px;"><b><br /></b></span></div><div style="text-align: center;"><span style="font-family: Helvetica; font-size: 17px;"><b><span class="gmail_default" style="font-family: georgia, serif; font-size: large;"><a data-saferedirecturl="https://www.google.com/url?q=http://www.columbia.edu/~jeh1/mailings/2023/Temperature2022.12January2023.pdf&source=gmail&ust=1673938294620000&usg=AOvVaw0ViaimD8SiosUjHeWerWyv" href="http://www.columbia.edu/~jeh1/mailings/2023/Temperature2022.12January2023.pdf" style="color: #1155cc;" target="_blank">FULL ONLINE REPORT</a></span><br /></b></span><br /><span style="color: dimgrey;"><span style="font-family: georgia; font-size: large;">12 January 2023<br />James Hansen, Makiko Sato, and Reto Ruedy</span></span></div></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #222222; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding-top: 9px;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; max-width: 100%; min-width: 100%; width: 100%px;"><tbody><tr><td style="line-height: 21px; margin: 0px; padding: 0px 18px 9px; word-break: break-word;" valign="top"><span style="font-family: georgia; font-size: large;">Global surface temperature in 2022 was +1.16°C (2.1°F) in the GISS (Goddard Institute for Space Studies) analysis[1],[2],[3] relative to 1880-1920, tied for 5<sup>th</sup> warmest year in the instrumental record. The current La Nina cool phase of the El Nino/La Nina cycle – which dominates year-to-year global temperature fluctuation – had maximum annual cooling effect in 2022 (Fig. 1). Nevertheless, 2022 was ~0.04°C warmer than 2021, likely because of the unprecedented planetary energy imbalance (more energy coming in than going out). The already long La Nina is unlikely to continue, tropical neutral conditions are expected by Northern Hemisphere spring, with continued warming as the year progresses. Thus, 2023 should be notably warmer than 2022 and global temperature in 2024 is likely to reach +1.4-1.5°C, as our first Faustian payment of approximately +0.15°C is due.</span></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #222222; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding: 9px;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding: 0px 9px; text-align: center;" valign="top"><span style="font-family: georgia; font-size: large;"><img align="center" alt="" class="CToWUd a6T" data-bit="iit" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEgzKTentdOJP0f7A0jB1WnE8kC5TkdRFjU5H5xNf-26_biS9TxYFXB6E124NI3PPzJS-uedgqZXxRH90WJr8qKdjH_FbZ9cFpcs552UYUEg5YApxjdYKD0Q9yK_EkzwTH30DTYW6UMroQDyG6Fmu8x5dzPH_Y98xnUABnDcugqGKe_VIwtVHS7i6C8SICpsj5c_Q7xjv4maXivqqQqS_vpJ2ObE=s0-d-e1-ft" style="border: 0px; cursor: pointer; display: inline; height: auto; max-width: 798px; outline: none; padding-bottom: 0px; vertical-align: bottom;" tabindex="0" width="327.12" /></span></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding-top: 9px;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; max-width: 100%; min-width: 100%; width: 100%px;"><tbody><tr><td style="color: #202020; line-height: 16px; margin: 0px; padding: 0px 18px 9px; word-break: break-word;" valign="top"><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><strong>Table 1. Rank of 10 warmest years in the instrumental record, based on GISS temperature analysis.</strong><br /> </span></div></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding: 9px;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; min-width: 100%; width: 100%px;"><tbody><tr><td style="margin: 0px; padding: 0px 9px; text-align: center;" valign="top"><img align="center" alt="" class="CToWUd a6T" data-bit="iit" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEgm-HSvkrZ1pjRyBxXSI0guo0QHThtAkLyRGZaPy0dfXnQspV4jnIAy_QR96DRPbej6Vgl9EUQND-53xhAp8QMh37xCnpD1r77hOY4ff-0rW5Lu6hzkDBOB14Fs3Cw1aRDVrYlWyEuhl1vyQXAGvMkL1tpV19YfF4QaHYWXKSfBJq58YqJ66980sC30gV9c9Qul-ySvuagdMxUanOlqZ9Oh9oAs=s0-d-e1-ft" style="border: 0px; cursor: pointer; display: inline; height: auto; max-width: 648px; outline: none; padding-bottom: 0px; vertical-align: bottom;" tabindex="0" width="479.4" /><br /><br /><span style="font-family: georgia; font-size: large;"><b><a href="http://www.columbia.edu/~jeh1/mailings/2023/Temperature2022.12January2023.pdf">READ MORE</a></b></span></td></tr></tbody></table></td></tr></tbody></table>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-12784777737102267902023-01-02T07:13:00.002-05:002023-01-02T07:14:07.269-05:00THE #FUTURE #OUTLOOKS - KEY AREAS OF #CONCERN AND #RISK<p> </p><div><span style="font-family: georgia;"><h1 style="font-family: "Times New Roman"; font-size: xx-large; margin: 0px; text-align: center;"><br /></h1><h1 style="font-family: "Times New Roman"; font-size: xx-large; margin: 0px; text-align: center;"><span>Economic and Markets 2023 Outlook</span><br /></h1><div style="font-family: "Times New Roman"; font-size: small;"><span style="color: red; font-family: georgia; font-size: medium;"><br /></span></div><div style="font-family: "Times New Roman"; font-size: small; text-align: center;"><span style="color: red; font-family: georgia; font-size: x-large;"><b><br /></b></span></div><div style="font-family: "Times New Roman"; font-size: small; text-align: center;"><span style="color: red; font-family: georgia; font-size: x-large;"><b>WARNING </b></span></div><div style="color: #222222; font-family: "Times New Roman"; text-align: center;"><div style="font-family: Georgia, Utopia, "Palatino Linotype", Palatino, serif; font-size: small; line-height: 1.6; margin: 0px 0px 1.5em; text-align: start;"><div style="color: #404040; font-size: 17.82px; font-weight: 700; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><br /></span></div><h3 style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; text-align: center;"><span style="font-family: georgia;"><span style="color: black; font-size: x-large;">What Worked for the Past Decades Will Not For The Next</span></span></h3><div><span style="font-family: georgia;"><span style="color: black; font-size: x-large;"><br /></span></span></div><div style="text-align: center;"><span style="font-family: georgia;"><div class="separator" style="clear: both;"><iframe allowfullscreen="" class="BLOG_video_class" height="445" src="https://www.youtube.com/embed/Fd8ea_MHFLM" width="535" youtube-src-id="Fd8ea_MHFLM"></iframe></div><br /><span style="color: black; font-size: x-large;">WHAT'S COMING - GLOBAL RECESSION? DEPRESSION? COLLAPSE? </span></span></div><h3 style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; text-align: center;"><a data-saferedirecturl="https://www.google.com/url?q=https://www.businessinsider.com/personal-finance/average-stock-market-return&source=gmail&ust=1672676873620000&usg=AOvVaw2Xw7ZmyZb0OSWNjWjzPAcE" href="https://www.businessinsider.com/personal-finance/average-stock-market-return" style="color: #d90062; font-family: georgia; font-size: x-large; text-decoration-line: none;" target="_blank"><b>The era of easy money is over.</b></a></h3><h3 style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; text-align: center;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEiJWkC-o3eelborprjkBBH3bPmpGq8Qq5Arm7wQ1SE-uBMxGRtEcXjXBcUIXTqcpNxaCiRrhsY4oibZW7de7cYxvoM72DSMZ-9a4OWsoXl4rqoFyOpRO0n5kg6rWmB_Koygpm0FKCF1eQKOfUB4HMcRb6TuYgrPLrn8ukC9YjnFV3ny8EaQXpe7WFJ7Qg&source=gmail&ust=1672676873620000&usg=AOvVaw0154iPlAAED6XNq6-FsRLR" href="https://blogger.googleusercontent.com/img/a/AVvXsEiJWkC-o3eelborprjkBBH3bPmpGq8Qq5Arm7wQ1SE-uBMxGRtEcXjXBcUIXTqcpNxaCiRrhsY4oibZW7de7cYxvoM72DSMZ-9a4OWsoXl4rqoFyOpRO0n5kg6rWmB_Koygpm0FKCF1eQKOfUB4HMcRb6TuYgrPLrn8ukC9YjnFV3ny8EaQXpe7WFJ7Qg" style="color: #d90062; font-family: georgia; font-size: x-large; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="296" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEgy6Ub4hL8gETgQPwN3QH8T0w7IU8BYKKXz0Y2UkMPIHK6tUtshHaGksc-Pihsj3Ti_zQztKvTTCIzlkocw7F0_ZRhJSkDAdqjUDV9GjYcdPbeR0Bf9IdCf6UqgvTOwVWMP7vbwmjb4l4xOu8xvrhFlX46428oILa2o6DlHPnRBSv8ArzR3ltaoxwicA2WBAafiIRyM2adVdj09h_YMCbl49BZft19fXa2okWOu5U2AEtcuftBT1_h5ER4pkMHd9Go28BMKAQAxAc8CoDPGTIK-Qjgk3YI3i1Psj-jT55y-A72-gjXXq88GfBZdKkVXG-PSegmbCI0YTSGL19tx5qi9KtKuIe1TZKrtWneKv76g5TEMwAxTha5VYqTQgJWOHzamHS4I3pkVMZ77ZEgAuDMAiVf_kzOW-iMs6A=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="476" /></a></h3></div><div style="font-family: Georgia, Utopia, "Palatino Linotype", Palatino, serif; text-align: start;"><div style="display: flex;"><div dir="auto" style="width: 728px; word-break: break-word;"><p style="color: #5f5f5f; font-size: 19.8px; font-weight: 700;"></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="color: black;"><span style="font-family: georgia; font-size: large;">Russia’s invasion of Ukraine on February 24, 2022 immediately reversed a decades-long push </span><a data-saferedirecturl="https://www.google.com/url?q=https://www.cfr.org/backgrounder/why-nato-has-become-flash-point-russia-ukraine&source=gmail&ust=1672676873620000&usg=AOvVaw3F8AqGhy7IymhYP70ywZe0" href="https://www.cfr.org/backgrounder/why-nato-has-become-flash-point-russia-ukraine" style="color: #1155cc; font-family: georgia; font-size: large; text-decoration-line: none;" target="_blank">for globalization as NATO pushed its pledged boundaries.</a><br /></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">Rampant <a data-saferedirecturl="https://www.google.com/url?q=https://www.thebalancemoney.com/causes-of-inflation-3-real-reasons-for-rising-prices-3306094&source=gmail&ust=1672676873620000&usg=AOvVaw3LNPSrKWCvGr8ultETHTG4" href="https://www.thebalancemoney.com/causes-of-inflation-3-real-reasons-for-rising-prices-3306094" style="color: #1155cc; text-decoration-line: none;" target="_blank">inflation proved more structural </a>than transitory as record stimulus led to inflation. This is now causing global central banks to pursue aggressive interest rate increases to tighten monetary policy as they attempt to reign in runaway prices. Good luck.</span></span></p><p style="color: #5f5f5f; font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"></span></p><div style="clear: both; color: #5f5f5f; font-size: 19.8px; font-weight: 700; text-align: center;"><span style="font-family: georgia; font-size: large;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEjKIeS8fUhwQemTnVEczeH1zla-2Ljgt8x1LtsUrbF8fRlA2UlNEOamtl02QixiGtps87O1jCVYu2rUu_f5E3jAlWcaZJZRxhhT3YGaIO0zhDl0UwyQVAAlPWDpdpNzA_lp2SfXqH8_wKEt6jBF3mqaZODB8j4rcZpa1wJzBbAidKTUZCozGCzkPi8hDQ&source=gmail&ust=1672676873620000&usg=AOvVaw3ja2NMH7TL1_j2ZuwCPeA_" href="https://blogger.googleusercontent.com/img/a/AVvXsEjKIeS8fUhwQemTnVEczeH1zla-2Ljgt8x1LtsUrbF8fRlA2UlNEOamtl02QixiGtps87O1jCVYu2rUu_f5E3jAlWcaZJZRxhhT3YGaIO0zhDl0UwyQVAAlPWDpdpNzA_lp2SfXqH8_wKEt6jBF3mqaZODB8j4rcZpa1wJzBbAidKTUZCozGCzkPi8hDQ" style="color: #d90062; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="403" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEhQeDSBLC1BVNy7IL4aCYPskEtcJzkAg5jHhH5hCkT4rGxbMdlWElTtfnq6do64koxmpnoTbB2C1MExm0Jyg-agKYJOi7W4B6PWyVlCPPORwY5cVmUQNgEq4M1OWubH4DH5wz7gH1FuLkXmV74DdxLtaQR9evYP3efBYd22hu7A-CLSiQSGJra6j8DJBHpUOR3bp9J-ILfIUhLO8gPRz7jJPp2zegjdkqba_7P8t3D5TjaS_HciVZrz3-2IGIn-tIzNWeXKbMhP7i9k8Vs4uBviDgLYFvpSLSMatDKIpHhwKhb2CXbxnEPLj34Mhb_x3vpQ0NZxEyVrW58E-BPF7N4mc6npKMjsyuKlC6Me4bLWvUbJ5vKXzYkR483KMr2QaDzBHsoy8WRuFJ9eVGgnDCaFgZfyAf5OnO3UjQ=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="547" /></a></span></div><p style="color: #5f5f5f; font-size: 19.8px; font-weight: 700;"></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="color: black;"><span style="font-family: georgia; font-size: large;">You can’t sell a</span><a data-saferedirecturl="https://www.google.com/url?q=https://www.salon.com/2022/02/16/nfts-arent-art--theyre-just-the-of-cryptos-latest-scam/&source=gmail&ust=1672676873621000&usg=AOvVaw2_rCf_v61rGBnYF5jcLFvZ" href="https://www.salon.com/2022/02/16/nfts-arent-art--theyre-just-the-of-cryptos-latest-scam/" style="color: #1155cc; font-family: georgia; font-size: large; text-decoration-line: none;" target="_blank"> NFT picture of an ape or a rock</a><span style="font-family: georgia; font-size: large;"> </span><span style="font-family: georgia; font-size: large;">for $1M anymore.</span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;"><a data-saferedirecturl="https://www.google.com/url?q=https://www.france24.com/en/tv-shows/the-debate/20221121-scam-of-the-century-cryptocurrency-and-the-collapse-of-ftx&source=gmail&ust=1672676873621000&usg=AOvVaw2SplgGwy7Uvff1V2O9Jvnd" href="https://www.france24.com/en/tv-shows/the-debate/20221121-scam-of-the-century-cryptocurrency-and-the-collapse-of-ftx" style="color: #1155cc; text-decoration-line: none;" target="_blank">Crypto seemed to learn nothing</a> from the Lehman collapse, while Sam Bankerman-Fried (FTX) seems to have learned everything from the late Bernie Madoff.</span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="color: black;"><span style="font-family: georgia; font-size: large;"></span></span></p><div style="clear: both; color: #5f5f5f; font-size: 19.8px; font-weight: 700; text-align: center;"><span style="font-family: georgia; font-size: large;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEj85TjgXx3O0rFTy_X98_FuTsTEVlh22iTbtzadhBZj4fGRRTq_aqDx9Xqvx2Yi_njyf6yDKfFqHeEORGTUa-W2rTbudAd69k2bjinH86p0-baP1ygIaRKGYZnGabaFvu6RnByDgonpwm8jJ-q1NzzpR7RSnqZhAIZ9YfsU4PIVVCL5MyzN4mdsNm2yLw&source=gmail&ust=1672676873621000&usg=AOvVaw1WSOlvEeJ9yQIV4AQMaq5m" href="https://blogger.googleusercontent.com/img/a/AVvXsEj85TjgXx3O0rFTy_X98_FuTsTEVlh22iTbtzadhBZj4fGRRTq_aqDx9Xqvx2Yi_njyf6yDKfFqHeEORGTUa-W2rTbudAd69k2bjinH86p0-baP1ygIaRKGYZnGabaFvu6RnByDgonpwm8jJ-q1NzzpR7RSnqZhAIZ9YfsU4PIVVCL5MyzN4mdsNm2yLw" style="color: #d90062; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="364" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEihlZXSgyxX100PXRT5Kvpx8qd5t1FlDOV-i5nsl21wSyYSGEaReIErOVtOgzoc3zWfht5ZN7dfnwyd10IRJh2_kbgmZf6Yvc7Lpa5Flb9RCMJ8UH8o9NJomx9ZYFMkAj4YMEdIj_jaAgABpXp0JYE6Vn_LJmQg6jTSk5fmusZs7QS8_H2L1-ABy7nm2E0-B5SJAhjfMuDhIiEdd4hMSuxG8_KKkwsEScsB618V6bTfGy-nJeDQu2X3vFAeLJzyVJX2XqH8btA8Tw7ju1wb2UEyHPZI4Y0Apqd-CYj-eEZFaP46LeuA2b1qEROKARNnplzGLxg0n6AtVr0YRwn3IMpI4SmxhYx8isHeMyyyU7KboQfEgt6PiFvagkYtHY5HFsPy8ufrDkigGsKu5mLyiwYGJ_HfiHEMqLDn7Q=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="552" /></a></span></div><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">Buffett took <a data-saferedirecturl="https://www.google.com/url?q=https://nymag.com/intelligencer/2022/05/the-rise-and-fall-of-cathie-wood.html&source=gmail&ust=1672676873621000&usg=AOvVaw1rvrJJSwD3GQXoNnZtOc7-" href="https://nymag.com/intelligencer/2022/05/the-rise-and-fall-of-cathie-wood.html" style="color: #1155cc; text-decoration-line: none;" target="_blank">Woods out to the…Woodshed.</a></span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">Value investing is cool again, and consensus looks to play <a data-saferedirecturl="https://www.google.com/url?q=https://finance.yahoo.com/news/billionaire-ray-dalio-warns-stock-004155366.html&source=gmail&ust=1672676873621000&usg=AOvVaw2D0CD45xuq3u-Ph1inh1_K" href="https://finance.yahoo.com/news/billionaire-ray-dalio-warns-stock-004155366.html" style="color: #1155cc; text-decoration-line: none;" target="_blank">defense in the first half of 2023.</a></span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;">WHERE IS BUFFET INVESTING?</span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="406" src="https://www.youtube.com/embed/dMVHMzUwJKc" width="488" youtube-src-id="dMVHMzUwJKc"></iframe></div><br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"></p><div style="clear: both; color: #5f5f5f; font-size: 19.8px; font-weight: 700; text-align: center;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEh7-l0cuUcNMEDnSDbUmGBp-iFKD_DHBzDmEbhcPBrGBVroD8pQhPi7aid83-Ml7PcuTnr7QLr1dVBA0CQ2vanWNtplcHKB9mRwshnlLInGEvVJJs_K5Gm1wD2jGtSykP5ITIyDAIcwYelyxY1iKEPudLiLOM0lkoaihbOgiyJxtaT57H6vbmqPVK3E_A&source=gmail&ust=1672676873621000&usg=AOvVaw3Ywius8A4BTfZTSb2C8drs" href="https://blogger.googleusercontent.com/img/a/AVvXsEh7-l0cuUcNMEDnSDbUmGBp-iFKD_DHBzDmEbhcPBrGBVroD8pQhPi7aid83-Ml7PcuTnr7QLr1dVBA0CQ2vanWNtplcHKB9mRwshnlLInGEvVJJs_K5Gm1wD2jGtSykP5ITIyDAIcwYelyxY1iKEPudLiLOM0lkoaihbOgiyJxtaT57H6vbmqPVK3E_A" style="color: #d90062; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="386" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEiLxuN2yyOucj5HBsyVdqQws1FpB9PfJKnooP40xSyCKj8UAxHJxLoSSet9oEQpgv5BrlJVsaOxFKsGRuKHmRMNHHldNg6rZyIynI5qrAG01IVkFwf5r0jkXcpnWsMSXyLFpLaXGA_RjJcYmJyiwc2o1cJZ1zu1J0i7FT5ImZLCClqmSobhGcBmYan38LVCspdFW1TNF-WIORuRSO8UkOLE_o91oIrvBdaG74SJCbTCWZ9l2N-ld2ZuqwhtNijVXHGPba0j2_KJj2H0WC7WAxP3dS2Riob22iTTK8QkCMQrkrP-3vgYM883HXEPPkfrkzpAl30BQhpPg9UbZjPom26qNaiKmgl1JjRTVgrfQ2jd31AJppIuNnpXYEqoColQu9bTFIxDf41FO7f9afd3DOvk6vSMSP1jvfzIrQ=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="478" /></a></div><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">In the months ahead our BLOG POSTS are going to walk through what we think are the most important concerns for 2023 and beyond:</span></span></p><ul style="line-height: 1.4; margin: 0px 0px 0.5em; padding: 0px;"><li style="font-weight: 700; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><span face="Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol""><b>Cash Flow Matters Not Earnings </b></span><span style="text-align: left;"><span face="Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol""><b>Multiples</b></span></span></span></i></span></p></li><li style="font-weight: 700; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black;"><span style="text-align: left;"><span face="Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"" style="font-size: large;"><b><br /></b></span></span></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b>Defensive vs. Cyclical Growth Asset Classes</b></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b>Energy, Materials, Minerals, Arable Land and </b></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b>Other Key Resource Declines</b></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b>Beware of Crypto Currency and Blockchain Scams or the “Next New AI Thing”</b></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b>Collapsing National Economies and Currencies Events </b></span></i></span></p></li><li style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; margin-left: 15px; padding: 0px;"><p style="box-sizing: border-box; line-height: 1.6em; margin: 0px; text-align: center;"><span><i><span style="color: black; font-size: large;"><b><br /></b></span></i></span></p></li></ul><div style="font-weight: 700; text-align: center;"><span face="Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol""><b><i><span style="color: black; font-size: large;">Nature Bats Last - Climate, 2050 Limits to Growth, Extreme Overpopulation Exponentials - Foreshadow End Times?</span></i></b></span></div><div style="font-size: 19.8px; font-weight: 700; text-align: center;"><br /></div><h3 style="font-size: 19.8px; line-height: 1.16em; margin: 1em 0px 0.625em; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><span style="color: #20124d;">The New Arena</span></span></h3><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">For sure, it’s now all about rates and what their knock-on effects are. In 2022, the impact that rates had was most heavily felt in financial markets.</span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">For equities (e.g. NASDAQ, et al) - it was the effect of a total multiple collapse amongst the growth names that saw the unprofitable tech basket wipe 60-90% off their values. Taking a basket of high-growth software companies, they started the year off trading at an average of 35x EV/Revenue and now trade at 7x. <i>That is a massive collapse of confidence in growth.</i></span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">In the fixed-income market - over the last decade, we were in an environment of “There is No Alternative” and now we are in a market where “There are Many Alternatives”. As rates increased, bond prices got crushed to the point where they put up the second worst year <em>ever</em> on record, (<i>you have to go back to the Great Depression to get #1)</i></span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="color: black;"><span style="font-family: georgia; font-size: large;"></span></span></p><div style="clear: both; font-size: 19.8px; font-weight: 700; text-align: center;"><span style="font-family: georgia; font-size: large;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEjVN77TxxCZ8UQv_oxI5dU5l3RUtWnydRz-mhfqI45XV2CEMA7846SaeAMN2NCsGn6wxjI0zH-iDEZPpI1mEhnDXBt_x84MOOt8d9EfX0FIYZQbP3Z_Jtq4sS6vAYFS54myiffQtlheE3ElOCf3SeMWZLCQ9QJgaKyzwyVKg1PrFSE-bVs-GUaqbxJL9g&source=gmail&ust=1672676873621000&usg=AOvVaw1HJqmn_dsYWPaJXhDubzoH" href="https://blogger.googleusercontent.com/img/a/AVvXsEjVN77TxxCZ8UQv_oxI5dU5l3RUtWnydRz-mhfqI45XV2CEMA7846SaeAMN2NCsGn6wxjI0zH-iDEZPpI1mEhnDXBt_x84MOOt8d9EfX0FIYZQbP3Z_Jtq4sS6vAYFS54myiffQtlheE3ElOCf3SeMWZLCQ9QJgaKyzwyVKg1PrFSE-bVs-GUaqbxJL9g" style="color: #1155cc; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><span style="color: black;"><img alt="" class="CToWUd" data-bit="iit" height="330" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEih7GXb1hMmej9uBfuVLj5QvmbSKSuud7F1JvDXxpHZYmJ4NC7gA0tt2wtiRYnN4tkueRtSgO3BS2ngPsr6WL4kA3OucoxBMvlogbA6g0G50mrwQbNWImbBYLgvnO-3U7Cp4gyhrlfWsq91AC0xx7faF7CPnwBSmbabyHyd7Y8M0Oaeg6wToR9faYkyhI4XGUtlD2yLaOav2Og9h1OqvcQJoUrD491sAJctO8G1p7D-b-rF1VXFz5USNh9m65pt9hd1HoDMh466JpIxiXMLIcwjttaKH_iyJqYfniki4ocVl18tbUUwQWk-086EzPtHr9sdugohUrjC8FtPZtu6ICNVZsEk0cMwz1gM0g1vOcTuTU9KA8mEBSUSCNAgXzj3QhZG-r05bMOtI7tBWMSYvGJisUHAgDrS6sycBQ=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="499" /></span></a></span></div><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">However, you can now find yield everywhere across credit and bond markets instead of having to fish into the nefarious barrel of the red-hot alternatives of scam and criminal markets. As more capital crowds around fixed income markets, lighter volume in equities and crypto hoaxes will cause higher volatility making for a bumpy ride this year.</span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="font-family: georgia; font-size: large;"><span style="color: black;">Of course, rates do not exist in a vacuum and are a global central bank tool used to navigate exogenous factors, but it helps us frame how the reactive policies dictate our investment profiles and keeping in mind that above all else: </span></span></p><p style="font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><i><span style="color: black; font-family: georgia; font-size: large;"><b>Nature Bats Last and thus humanity cannot defeat the physical outcomes of Exponential </b></span><span style="color: black; text-align: left;"><span style="font-family: georgia; font-size: large;"><b>Mathematics.</b></span></span></i></p><p style="color: #5f5f5f; font-size: 19.8px; font-weight: 700; line-height: 1.6em; text-align: center;"><span style="text-align: left;"><span style="font-family: georgia; font-size: large;"><b></b></span></span></p><div style="clear: both; color: #5f5f5f; font-size: 19.8px; font-weight: 700; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEiKdHWsZ0VdA3y4r-Ym0Pzq8mb8GKV6u5yVi6hO3rj7YOzVzAb7DksMvZoVOLGPTCjcQ5Wsd2VTa8XLwyVQ4Y6Yn4TTWtmvW9DJkql1NZP9JDGg5UX23GhRafxU2imhOGf1E-drt5U15p8MEL3rc5PnTgXfw-W2cEntuosk73luuG0dUdAn2v1fk9EoYg&source=gmail&ust=1672676873621000&usg=AOvVaw32q8Y2Oia4aUOonrDJyMVl" href="https://blogger.googleusercontent.com/img/a/AVvXsEiKdHWsZ0VdA3y4r-Ym0Pzq8mb8GKV6u5yVi6hO3rj7YOzVzAb7DksMvZoVOLGPTCjcQ5Wsd2VTa8XLwyVQ4Y6Yn4TTWtmvW9DJkql1NZP9JDGg5UX23GhRafxU2imhOGf1E-drt5U15p8MEL3rc5PnTgXfw-W2cEntuosk73luuG0dUdAn2v1fk9EoYg" style="color: #d90062; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="417" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEhG7X3yBsLQu5TwjLkhbj5InqpJk27V2cAoqI_UO3qjs53eJ6jYpvNXDMAUpix8AfhgZdv8zvfwt8cFe2EY4-nwj9zLulLy-zapafgaZ66Xz4l8waop03YqoBJWAaATYSUSJMKzs6yMbW49bHfDot6eyTnU1FlkYqw9zQDiGktjCHdqVeCiXQNqp3XbQkbNaj6ognLwKNSlPfeCQzM40KNXZH4pCUaOWYQhYNc1rEBLrHZb1t42BFjU5wEviOmCYacXLgb-AIoBHSq4M5evnq33hZjDYyRbv_eJifZYztWilrqOWdUNznsTLAQqGr9H-klMnprWCT5Uhm3XNHs5RbRFv97_4oVRI6smfGqOvuQgfbqxf_CpHS0NugYpN-NlZLlm3QKN6iCMSTSPEE1GfxNEG7WRJJU6PQ_VfA=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="486" /></a></b></span></div><h3 style="font-size: 19.8px; line-height: 1.16em; margin: 1em 0px 0.625em; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><span style="color: #20124d;">Cash Flow Matters</span></span></h3><p style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 19.8px; font-weight: 700; line-height: 1.6em; margin-bottom: 0px; text-align: center;"><span style="font-size: large;"><span style="color: black;">A lot of ETF and factor people will proclaim that this was the year of value investing and that value investing is back. What they’re really trying to say is that operating margins and cash flow matter, and we couldn’t agree more.</span></span></p><p style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 19.8px; font-weight: 700; line-height: 1.6em; margin-bottom: 0px; text-align: center;"><span style="font-size: large;"><span style="color: black;"><br /></span></span></p><p style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: small; font-weight: 700; line-height: 1.6em; margin-bottom: 0px; text-align: center;"><span style="color: black; font-size: x-large;">Or else...</span></p><p style="font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: small; font-weight: 700; line-height: 1.6em; margin-bottom: 0px; text-align: center;"><span style="color: black; font-size: x-large;"><br /></span></p><p style="color: #5f5f5f; font-family: Spectral, serif, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 19.8px; font-weight: 700; line-height: 1.6em; margin-bottom: 0px; text-align: center;"><span style="font-size: large;"></span></p><div style="clear: both; color: #5f5f5f; font-size: 19.8px; font-weight: 700; text-align: center;"><span style="font-size: large;"><a data-saferedirecturl="https://www.google.com/url?q=https://blogger.googleusercontent.com/img/a/AVvXsEgMrcTTo7fwQIkhyHfzjKy_zagyc7ZIhXkwKuNgvYu9wuOf1Y5_JU3jrUhr9in6hoHnAgtOQWZD6WC3Ba02IPrf2NumPq38ValKK8SXjWjltMjIlDRPrHxSnHCpkJs8ilu5G-jd-PoguJkmsrL5HB3Iu2yK4mnAe7blwhNkTVbcCgh9JZ4N4sakuWRUFA&source=gmail&ust=1672676873621000&usg=AOvVaw3KBJgK-5EAXRw8Qe6s7U1v" href="https://blogger.googleusercontent.com/img/a/AVvXsEgMrcTTo7fwQIkhyHfzjKy_zagyc7ZIhXkwKuNgvYu9wuOf1Y5_JU3jrUhr9in6hoHnAgtOQWZD6WC3Ba02IPrf2NumPq38ValKK8SXjWjltMjIlDRPrHxSnHCpkJs8ilu5G-jd-PoguJkmsrL5HB3Iu2yK4mnAe7blwhNkTVbcCgh9JZ4N4sakuWRUFA" style="color: #d90062; margin-left: 1em; margin-right: 1em; text-decoration-line: none;" target="_blank"><img alt="" class="CToWUd" data-bit="iit" height="240" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEhLBnluslG8bBWgqNfSO-sn8FS7kIxw-HcKu62JHJoJoieOAXgcXQiiiQkNnCBsqSd1ll5ZeSEbq8-1PlLWMQjC6R19rTVOaBp8ypEx_mwjDqbsuXdUEtymorvMGgo8rEO7H-g8jas-lBQnRzmA9MFAGF3oH8r7k59TRAvvXygHWwzzNW1InI_RI_mXIlHpwHmA-2-rKGD5gKe5XQJD_3fLq5RMekq9cOk5_myI2f_nDGfTR8Ph7c0YFHfwCcWA0hgFy5LFUBTqNqABl2OyAEYznLCL5Ze72iDBzuFJx0VfTsbAm-08RlBVSwoAzJl-SVyQh1pA1Ks4OE3u5MGlgOUxBIUxJKWo2YE_lfqgCYE2MzLRCIT__IRbmZ8oelB4H8UTo4JJBExRkJLxmtXIouKe=s0-d-e1-ft" style="background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 1px solid rgb(243, 243, 243); padding: 5px;" width="195" /></a></span></div></div></div></div></div></span></div><h1 class="post-title unpublished" style="--tw-ring-color: rgb(59 130 246 / 0.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 #0000; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; -webkit-font-smoothing: antialiased; font-weight: var(--font_weight_headings_preset, bold); line-height: var(--line-height-36); margin: 0px; text-align: center;"><span style="color: red; font-family: georgia; font-size: x-large;"><br /></span></h1><h1 class="post-title unpublished" style="--tw-ring-color: rgb(59 130 246 / 0.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 #0000; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; -webkit-font-smoothing: antialiased; font-weight: var(--font_weight_headings_preset, bold); line-height: var(--line-height-36); margin: 0px; text-align: center;"><span style="color: red; font-family: georgia; font-size: x-large;"><br /></span></h1><h1 class="post-title unpublished" style="--tw-ring-color: rgb(59 130 246 / 0.5); --tw-ring-offset-color: #fff; --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-offset-width: 0px; --tw-ring-shadow: 0 0 #0000; --tw-rotate: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-shadow-colored: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-skew-x: 0; --tw-skew-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; -webkit-font-smoothing: antialiased; font-weight: var(--font_weight_headings_preset, bold); line-height: var(--line-height-36); margin: 0px; text-align: center;"><span style="color: red; font-family: georgia; font-size: x-large;">2023 BRINGS MOTHER OF ALL COLLAPSES</span></h1><div><span style="color: red; font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: center;"><div class="separator" style="clear: both;"><iframe allowfullscreen="" class="BLOG_video_class" height="393" src="https://www.youtube.com/embed/6hqOyAfFMlg" width="473" youtube-src-id="6hqOyAfFMlg"></iframe></div><br /></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-61070594495704140142022-04-02T10:30:00.002-04:002022-04-02T10:30:00.174-04:00#Inspirational #Wisdom Quotes - April 2, 2022 <p style="text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7q7Rj4o7-YOGKTYSKk6hrWve7C4gQkihxOs4_AmcXQb5YuGVaV_VL1tgR5ZWeb3ag7Yw8aAOxk34wcBUGqzklqNqCqvc4vR-p7VdpdSsIVd7HxD8-rno7jaMxoyIjMz9cs9TC2IfKDrho1_5BjFgl_SzfpvFOuKCOqPxTEUrXFFRuERnwSYMoRZGbfQ/s680/AAAAA.MAGIC3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="680" data-original-width="544" height="697" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7q7Rj4o7-YOGKTYSKk6hrWve7C4gQkihxOs4_AmcXQb5YuGVaV_VL1tgR5ZWeb3ag7Yw8aAOxk34wcBUGqzklqNqCqvc4vR-p7VdpdSsIVd7HxD8-rno7jaMxoyIjMz9cs9TC2IfKDrho1_5BjFgl_SzfpvFOuKCOqPxTEUrXFFRuERnwSYMoRZGbfQ/w481-h697/AAAAA.MAGIC3.jpg" width="481" /></a></p><br /><p style="text-align: center;"><br /></p><h3 style="background-color: white; border: 0px rgb(225, 225, 225); box-sizing: border-box; color: #333333; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.1em; margin: 0px 0px 8px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: x-large;">“False face must hide what the false heart</span></h3><h3 style="background-color: white; border: 0px rgb(225, 225, 225); box-sizing: border-box; color: #333333; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.1em; margin: 0px 0px 8px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: x-large;"> doth know.”</span></h3><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: right;"><span style="font-family: georgia; font-size: medium;"><b>William Shakespeare</b></span></div><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: center;"><div><div><span style="font-family: georgia; font-size: x-large;"><b>Inspirational Wisdom Quotes</b></span></div><div><span style="font-family: georgia; font-size: x-large;"><b><br /></b></span></div><div><span style="font-size: medium;"><b><span style="font-family: georgia;"> April 2</span><span style="font-family: georgia;">, 2022</span></b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div></div><div style="text-align: right;"><span style="font-family: georgia;"><b><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; font-size: large;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIfDOMqGqd8OThUi74aW2609QjqWoRhjc7mVowDQkzE4i_wmULOKRLwH--PQcmoIycvV78FQgX43a6J3MVcN6o6dqvWI0O9jHf8zk_vDMkgveTH-8gt7BsiXGFUOUv-cTTaayuSlLrTJmutOL6prOUtItUqSyEU6m4Z33VkEs43x3RWOUrkcfTPSviwA/s1200/aaaaa.shakes.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="1200" height="329" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIfDOMqGqd8OThUi74aW2609QjqWoRhjc7mVowDQkzE4i_wmULOKRLwH--PQcmoIycvV78FQgX43a6J3MVcN6o6dqvWI0O9jHf8zk_vDMkgveTH-8gt7BsiXGFUOUv-cTTaayuSlLrTJmutOL6prOUtItUqSyEU6m4Z33VkEs43x3RWOUrkcfTPSviwA/w616-h329/aaaaa.shakes.jpg" width="616" /></a></div><br /><div class="separator" style="clear: both; font-size: large;"><br /></div><p class="b-qt qt_399638" style="background-color: white; box-sizing: border-box; color: #101010; font-family: Arial, sans-serif; font-weight: 300; line-height: 37px; margin: 0px 0px 15px;"><span style="background-color: transparent; font-family: georgia; font-size: large; font-weight: bold;">READ MORE</span></p></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p><div><b style="color: #181818; font-size: xx-large;"><b><br /></b></b></div></span></div></b></span></div></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-14122572292274564962022-04-01T10:30:00.018-04:002022-04-01T10:30:00.163-04:00WILL #HYPERINFLATION CLOBBER #YOU?<p style="text-align: center;"><br /></p><p style="text-align: center;"><span style="font-size: large;"><a href="https://www.cbsnews.com/news/entitled-generation-inflation-blackrock-rob-kapito/"><b>CBS NEWS </b></a></span></p><p style="text-align: center;"><br /></p><div style="background-color: white; font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;">Inflation will clobber "entitled generation" of consumers, BlackRock president says</div><div style="font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><span style="background-color: white; font-family: "Proxima Nova", sans-serif; font-size: 12px; letter-spacing: 1.6px; text-align: left; text-transform: uppercase;">BY IRINA IVANOVA</span></div><div style="font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><span style="background-color: white; font-family: "Proxima Nova", sans-serif; font-size: 12px; letter-spacing: 1.6px; text-align: left; text-transform: uppercase;"><br /></span></div><div style="font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><span style="background-color: white; font-family: "Proxima Nova", sans-serif; font-size: 12px; letter-spacing: 1.6px; text-align: left; text-transform: uppercase;"><br /></span></div><div style="font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="340" src="https://www.youtube.com/embed/2NdCZKcU-68" width="409" youtube-src-id="2NdCZKcU-68"></iframe></div></div><div style="font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><span style="background-color: white; font-family: "Proxima Nova", sans-serif; font-size: 12px; letter-spacing: 1.6px; text-align: left; text-transform: uppercase;"><br /></span></div><div style="background-color: white; font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><span style="background-color: rgba(16, 16, 16, 0.8); color: #f2f2f2; font-family: "Proxima Nova", sans-serif; font-size: 12px; letter-spacing: 1.6px; text-align: left; text-transform: uppercase;"><br /></span></div><div style="background-color: white; font-weight: 900; text-align: center;"><span style="color: #101010; font-weight: 400; text-align: start;"><span style="font-family: georgia; font-size: large;">It's been at least 40 years since inflation was as high as it is today, and that means an entire generation of "entitled" consumers is about to learn some very rude lessons about life and money, according to BlackRock President Rob Kapito.</span></span></div><div style="background-color: white; text-align: center;"><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">Kapito, who is also co-founder of BlackRock, the world's largest investor of other people's money, spoke this week at a conference of oil and gas producers in Austin, Texas.</span></p><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">"For the first time, this generation is going to go into a store and not be able to get what they want," Kapito said, according to <a href="https://www.bloomberg.com/news/articles/2022-03-29/blackrock-s-kapito-says-scarcity-inflation-is-driving-economy" rel="nofollow noopener" style="box-sizing: border-box; color: #101010;" target="_blank">Bloomberg News</a>. </span></p><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">"And we have a very entitled generation that has never had to sacrifice," he said, according to the outlet.</span></p><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">BlackRock has about $10 trillion of clients' assets under management. As its president, the 65-year-old Kapito made $22 million last year, putting him in the top one-tenth of the richest <a href="https://www.epi.org/blog/wages-for-the-top-1-skyrocketed-160-since-1979-while-the-share-of-wages-for-the-bottom-90-shrunk-time-to-remake-wage-pattern-with-economic-policies-that-generate-robust-wage-growth-for-vast-majority/" rel="nofollow noopener" style="box-sizing: border-box; color: #101010;" target="_blank">one percent</a> of Americans.</span></p><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">According to Kapito's comments, the economy is dealing with "scarcity inflation," which are shortages of commodities, housing and workers. "I would put on your seat belts because this is something that we haven't seen," Kapito said, according to Bloomberg.</span></p><p style="box-sizing: border-box; color: #101010; font-weight: 400; margin-top: 25px; text-align: start;"><span style="font-family: georgia; font-size: large;">Consumer prices are rising at <span class="link" style="box-sizing: border-box;"><a data-invalid-url-rewritten-http="" href="https://www.cbsnews.com/news/inflation-prices-cost-food-gas-rent-households/" style="box-sizing: border-box; color: #101010;" target="_blank">nearly 8%</a></span> year-over-year, the fastest rate since the early 1980s. Supply-chain disruptions during the coronavirus pandemic first led to price jumps for big-ticket items like cars, electronics and furniture. Those price hikes then spread throughout the economy as companies felt empowered to pass on higher costs.</span></p><p style="box-sizing: border-box; color: #101010; margin-top: 25px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://www.blogger.com/u/1/blog/post/edit/8141840565659491698/1412257229227456496#" target="_blank">READ MORE</a></b></span></p><p style="box-sizing: border-box; color: #101010; font-family: "Publico Text", serif; margin-top: 25px; text-align: center;"><span style="font-size: x-large;"><b>INFLATION HOW TO COPE?</b></span></p><p style="box-sizing: border-box; color: #101010; font-family: "Publico Text", serif; margin-top: 25px; text-align: center;"><span style="font-size: x-large;"></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><iframe allowfullscreen="" class="BLOG_video_class" height="352" src="https://www.youtube.com/embed/ucPifv-l7Lw" width="424" youtube-src-id="ucPifv-l7Lw"></iframe></span></div><span style="font-size: x-large;"><br /><b><br /></b></span><p></p><div class="separator" style="clear: both; font-family: "Publico Headline", serif; font-size: 40px; font-weight: 900; text-align: center;"><br /></div><br /><p style="box-sizing: border-box; color: #101010; font-family: "Publico Text", serif; font-size: 21.12px; font-weight: 400; margin-top: 25px; text-align: center;"><br /></p></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-9059518306040977312022-03-31T10:30:00.002-04:002022-03-31T10:30:00.150-04:00#Inspirational #Wisdom Quotes - March 31, 2022<p style="text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTLn-SCJq68nuOJ4a7OGAqXItcstJzV9HtS3jxY5MQtZf6r7RnaeqM9rHwHusPXE2vb5TKJwiLokWJPzs8omyr7EtzpuiCNt_4tfFnOMUmzGrxDlrLIp8Zag6zFVokeBxRM4Bie30HEM3OGHOCFYztgUetljyjqpW451J8SvMTy-76WVdE9Km4U4B6_Q/s680/AAAA.MAGIC.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="680" data-original-width="564" height="692" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTLn-SCJq68nuOJ4a7OGAqXItcstJzV9HtS3jxY5MQtZf6r7RnaeqM9rHwHusPXE2vb5TKJwiLokWJPzs8omyr7EtzpuiCNt_4tfFnOMUmzGrxDlrLIp8Zag6zFVokeBxRM4Bie30HEM3OGHOCFYztgUetljyjqpW451J8SvMTy-76WVdE9Km4U4B6_Q/w573-h692/AAAA.MAGIC.jpg" width="573" /></a></div><p style="text-align: center;"><br style="text-align: left;" /></p><p style="text-align: center;"><br /></p><p class="b-qt qt_399638" style="background-color: white; box-sizing: border-box; color: #101010; line-height: 37px; margin: 0px 0px 15px; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b><i>I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me - they're cramming for their final exam.</i></b></span></p><p class="bq_fq_a" style="background-color: white; box-sizing: border-box; color: #222222; margin-bottom: 5px; margin-top: 0px; text-align: right;"><span style="font-family: georgia; font-size: medium;"><b>George Carlin</b></span></p><p style="text-align: center;"><br /></p><div style="text-align: center;"><div><span style="font-family: georgia; font-size: x-large;"><b>Inspirational Wisdom Quotes</b></span></div><div><span style="font-family: georgia; font-size: x-large;"> </span><span style="font-family: georgia; font-size: medium;"><b>March 31, 2022</b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div></div><div style="text-align: right;"><span style="font-family: georgia;"><b><div class="separator" style="clear: both; font-size: large; text-align: center;"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMXBQNtom92qyK5S4W_VLeeQ-p3es6bCDVODyXKUU83HVtTLWIcIEbCXPFQUzswTqWCz0L3o-0JP5ovhzFe1HwNQc0DhzdO5stEeFsboX75cyHlqUsFzHN52hkhD7pHFoMzrYvhwOcmkS4Z76qP4bATX_8_4wsL2PNnzb7qBcLJS9XNvSj6PKK2ros_Q/s1050/aaaaa.astupid.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="1050" height="377" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMXBQNtom92qyK5S4W_VLeeQ-p3es6bCDVODyXKUU83HVtTLWIcIEbCXPFQUzswTqWCz0L3o-0JP5ovhzFe1HwNQc0DhzdO5stEeFsboX75cyHlqUsFzHN52hkhD7pHFoMzrYvhwOcmkS4Z76qP4bATX_8_4wsL2PNnzb7qBcLJS9XNvSj6PKK2ros_Q/w619-h377/aaaaa.astupid.jpg" width="619" /></a></div><br /><p class="b-qt qt_399638" style="background-color: white; box-sizing: border-box; color: #101010; font-family: Arial, sans-serif; font-size: 20pt; font-weight: 300; line-height: 37px; margin: 0px 0px 15px;"><br /></p></div><div class="separator" style="clear: both; font-size: large; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;">MORE</span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b style="color: #181818; font-size: xx-large;"><b><br /></b></b></p><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b style="color: #181818; font-size: xx-large;"><b>On Stage Performance- Just Too Funny</b></b></p><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b style="color: #181818; font-size: xx-large;"><b><br /></b></b></p><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b style="color: #181818; font-size: xx-large;"></b></p><div class="separator" style="clear: both;"><b style="color: #181818;"><iframe allowfullscreen="" class="BLOG_video_class" height="326" src="https://www.youtube.com/embed/aAYtAxD164A" width="392" youtube-src-id="aAYtAxD164A"></iframe></b></div><b style="color: #181818;"><br /><b>x</b></b><p></p></span></div></b></span></div><p style="text-align: center;"> </p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-12453397196881366102022-03-30T01:57:00.008-04:002022-03-30T17:56:53.513-04:00EXCLUSIVE:There is Little #Time Left - Do the #Numbers<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhh4DZPylEyAilqfUltZCpf1qktgOTzdIwq7uz2FbW3dxktF1WimuJK9f_QgBeWNeZ8FaFmGyOcGVEA2RzGANcbjnLq9_FJtveMCXANEOhcWm9-46EkIn5pQ2tRc4hcynz6C3HrvU6w_-HKAuH2ReIxNlNM-JkgVPteq1XvKQe8_cVpgWXqoROYc93Q/s311/aaaaa.atime.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="162" data-original-width="311" height="392" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhh4DZPylEyAilqfUltZCpf1qktgOTzdIwq7uz2FbW3dxktF1WimuJK9f_QgBeWNeZ8FaFmGyOcGVEA2RzGANcbjnLq9_FJtveMCXANEOhcWm9-46EkIn5pQ2tRc4hcynz6C3HrvU6w_-HKAuH2ReIxNlNM-JkgVPteq1XvKQe8_cVpgWXqoROYc93Q/w571-h392/aaaaa.atime.jpg" width="571" /></a></div><br /><p style="text-align: center;"><br /></p><p style="text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>HOW MUCH TIME DO WE HAVE?</b></span></p><p style="text-align: center;"><br /></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">It is so strange that the answer to our demise comes from a straight-forward overall calculation that seems so simple because the equation consists of just three key primary factors that can be used to theoretically calculate our species expected long term existence in any environment - where there are determinable finite resource inventories and constraints; big or small - including the resource inventories of our whole planet.</span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="381" src="https://www.youtube.com/embed/kz9wjJjmkmc" width="458" youtube-src-id="kz9wjJjmkmc"></iframe></div><br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">The theoretical calculation goes roughly like this - there are A current quantities of total combined energy and material resource units available to use for survival on this planet; there are B probable quantities of people units existing in an annual time period going forward, and they will each in turn consume C total resource units per capita annually. Then just divide A total resource units available by B times C (= total of expected annual consumption of resource units of all people) to calculate D - and the answer then tells us what the probable expected duration or the number of years that the species can roughly expect the resources to last and provide for its survival. </span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"> <b>Expected Time Remaining Formula</b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b> D = A\ ( B x C)</b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">To illustrate; suppose there are 100 million combined energy and material resource units available for consumption from an environment and 10,000 people exist there and they consume 100 resource units annually. Therefore, every year 1 million resource units are consumed. The equation calculates that there is roughly 100 years left if this people/consumption pattern is continued under the constraints and numeric inventories of this environment.</span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b>INDUSTRIAL EXPERIMENT FINAL CURTAIN </b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/cdXdaIsfio8" width="320" youtube-src-id="cdXdaIsfio8"></iframe></div><br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">Admittedly, this result is a ballpark figure, but it is still close enough to draw our attention to the critical metrics we need to manage and their resultant and variable timelines. Moreover, based on our general knowledge of energy and material resource inventories - we can reasonably assert that we don't have thousands or even hundreds of years left to manage these factors and get the equation right. <b><i>Time is quickly running out...</i></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">To add even a little more acceleration to the mathematically expected outcomes - also apply exponential growth laws to the B and C factors or inversely to the A factor and you dramatically and quickly reduce the total resources available for consumption and thus the amount of survival time remaining. </span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;">To sum up - you can never defeat the combined numerical laws of mathematics and physics - I guess Moses left the tablets with these commandments behind somewhere on the old hill. Yet, from the beginning we were taught by secular doctrines that we are playing a positive sum economic game with a guiding mantra of infinite growth that is authoritative and unquestionable - when the true reality is we were actually engaged in a negative finite sum game rapidly using up the planet's scarce resources - that is consequently <i><b>now heading towards a terrible conclusion.</b></i></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><i><b><br /></b></i></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><i><br /></i></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><i>T A McNeil</i></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><i><br /></i></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><i>First Financial Insights Group</i></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><i><br /></i></b></span></p><div style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><img alt="Picture" src="https://www.google.com/s2/u/0/photos/public/AIbEiAIAAABDCNTBgMicvuC-TyILdmNhcmRfcGhvdG8qKDNhYWRkNDlhZGI4YWMxMDFiZGFjOGU3ZTY3NzY4ZDgxY2NhMzJhYWEwAcl_pF6zXgZUOam2I8r60kFFHbBb" /></div><div style="background-color: white; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"><br /></div><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><i><b><br /></b></i></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><i><b><br /></b></i></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b>Further Background:</b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: left; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><b><a href="https://www.youtube.com/watch?v=sI1C9DyIi_8&t=22s " target="_blank">Exponential Growth Arithmetic, Population and Energy, Dr. Albert A. Bartlett</a></b></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/sI1C9DyIi_8" width="320" youtube-src-id="sI1C9DyIi_8"></iframe></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><b><span style="font-size: large;">POPULATION BOMB</span></b></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/ONdjLTceua8" width="320" youtube-src-id="ONdjLTceua8"></iframe></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div>a<br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><span style="font-family: georgia; font-size: large;"><br style="box-sizing: inherit;" /></span></p><p style="background-color: white; box-sizing: inherit; color: #222222; counter-reset: list-1 0 list-2 0 list-3 0 list-4 0 list-5 0 list-6 0 list-7 0 list-8 0 list-9 0; cursor: text; margin: 0px; padding: 0px; text-align: center; white-space: pre-wrap;"><br /></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-11500995032204550892022-03-29T10:30:00.003-04:002022-03-29T21:28:08.154-04:00#Inspirational #Wisdom Quotes - March 29, 2022<p style="text-align: center;"> </p><p style="text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJzH4HpPmbrHEfGJj1jBUeGngLdPAG14S0HEHzsxgD-v2Kg5S-rbnX_wQm_sPFmuD5TWm5fYba0PUWobhW-cXh-ea90VB7OWV2opJnoLwX4sn3AcOPCpG_6lR4ykCaH48HSCEeC1jprn-U0NCEeuS7NkXSsuEYryFseaqVnSCO9Xv9Ct2YkfzifXzTvg/s236/aaaaa.akittens.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="233" data-original-width="236" height="496" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJzH4HpPmbrHEfGJj1jBUeGngLdPAG14S0HEHzsxgD-v2Kg5S-rbnX_wQm_sPFmuD5TWm5fYba0PUWobhW-cXh-ea90VB7OWV2opJnoLwX4sn3AcOPCpG_6lR4ykCaH48HSCEeC1jprn-U0NCEeuS7NkXSsuEYryFseaqVnSCO9Xv9Ct2YkfzifXzTvg/w441-h496/aaaaa.akittens.png" width="441" /></a></div><br /><p style="text-align: center;"><br /></p><h3 style="background-color: white; box-sizing: inherit; grid-column: main / main; letter-spacing: -1px; line-height: 1.2; margin: var(--mobiledocSpacing) 0; padding: 0px; text-align: center; text-rendering: optimizelegibility;"><span face="var(--fontFamilySansSerif)" style="font-size: 1.5rem;">.</span><span style="font-family: georgia; font-size: x-large;"> "<i>I hate to hear you talk about all women as if they were fine ladies instead of rational creatures. None of us want to be in calm waters all our lives.</i>"</span></h3><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: right;"><b style="font-family: georgia;"><span style="font-size: medium;">Jane Austen</span></b></div><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: center;"><div><span style="font-family: georgia; font-size: x-large;"><b>Inspirational Wisdom Quotes</b></span></div><div><span style="font-family: georgia; font-size: x-large;"> </span><span style="font-family: georgia; font-size: medium;"><b>March 29, 2022</b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div><div><span style="font-family: georgia; font-size: medium;"><b><br /></b></span></div></div><div style="text-align: right;"><span style="font-family: georgia;"><b><div class="separator" style="clear: both; font-size: large; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjs_gFzKbuQcdxK9E9Ux87XqoNtr3FHELnG0AlDnmBdpBm-y0wpCJYpMNANa9QRMG7LX2NMAu1r3x1lwNGVJ9jlazlhojrlytVLetN6WTl_y98h_pec--48GM4vDy10iTcpCod_N_VLPrq5eBaDJv62-wLda9tUlRcLX4n1pLtm1SsGzZbeI2ngD01DLg/s630/aaaaa.aquotes.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="630" data-original-width="630" height="498" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjs_gFzKbuQcdxK9E9Ux87XqoNtr3FHELnG0AlDnmBdpBm-y0wpCJYpMNANa9QRMG7LX2NMAu1r3x1lwNGVJ9jlazlhojrlytVLetN6WTl_y98h_pec--48GM4vDy10iTcpCod_N_VLPrq5eBaDJv62-wLda9tUlRcLX4n1pLtm1SsGzZbeI2ngD01DLg/w498-h498/aaaaa.aquotes.jpg" width="498" /></a></div><div class="separator" style="clear: both; font-size: large; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;">MORE</span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-large;"><p style="font-family: "Times New Roman"; font-size: medium; font-weight: 400;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p></span></div></b></span></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-57526238594644247952022-03-28T11:00:00.066-04:002022-03-28T11:00:00.173-04:00#GLOBILIZTION APPROACHES #FINAL DAYS<p style="text-align: center;"><br /></p><p style="text-align: center;"> </p><h1 style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; line-height: 1.2; margin: 0px 0px 0.7em; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: medium;"><a href="http://OILPRICE.COM">OILPRICE.COM</a></span></h1><h1 style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-size: 4.293rem; line-height: 1.2; margin: 0px 0px 0.7em; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;">The Beginning Of The End Of Globalization</span></h1><span class="article_byline" style="background-color: white; border: 0px; box-sizing: border-box; display: block; font-family: "Open Sans", sans-serif; font-size: 16px; margin: 0px 0px 0.7em; padding: 0px 0px 4px; text-align: right; vertical-align: baseline;">By <a href="https://oilprice.com/contributors/Michael-Kern" style="border: 0px; box-sizing: border-box; color: black; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Michael Kern</a> </span><div class="wysiwyg clear" id="key_points" style="background-color: white; border: 0px; box-sizing: border-box; margin: 10px auto; padding: 0px; vertical-align: baseline;"><ul style="border: 0px; box-sizing: border-box; font-weight: inherit; line-height: 1.5; list-style: none; margin: 0.75em 0px; padding: 0px 1em; vertical-align: baseline;"><li aria-level="1" style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><i>The global pandemic and Russia’s invasion of Ukraine and the Western sanctions that followed have sparked a new debate on the future of globalization as we know it. </i></span></span></li><li aria-level="1" style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><i><br /></i></span></span></li><li aria-level="1" style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><i>In Q2 2020, at the dramatic start of the pandemic, global trade was down 18.5%, compared to the same period the previous year. </i></span></span></li><li aria-level="1" style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><i><br /></i></span></span></li><li aria-level="1" style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><i>“Rather than the cheapest, easiest and greenest sources, there’ll probably be more of a premium on the safest and surest.” </i></span></span></li></ul><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><i><br /></i></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><i><b>TRADE LOCALLY</b></i></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><i><b><br /></b></i></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><div class="separator" style="clear: both; font-style: italic; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIpeNQeS2lfeh6rM7YFraY23f-U-IVp5wXcEidLEDnx1tv3jSlIb1yrPZkVJRN5uMF_Zr7Yf0RKA_iMdvzBXm5SXICf1ZtFLQ4mxnzjVkLBiS9HnbGCgTttL-5cZXD8wG9B6iLH2fX5WCZyOJ7iZ2NrglweSLiAsUma5MaNFfjf4Xnc2AuqlA9XS35/s262/AAAAA.TRADE.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="193" data-original-width="262" height="434" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIpeNQeS2lfeh6rM7YFraY23f-U-IVp5wXcEidLEDnx1tv3jSlIb1yrPZkVJRN5uMF_Zr7Yf0RKA_iMdvzBXm5SXICf1ZtFLQ4mxnzjVkLBiS9HnbGCgTttL-5cZXD8wG9B6iLH2fX5WCZyOJ7iZ2NrglweSLiAsUma5MaNFfjf4Xnc2AuqlA9XS35/w589-h434/AAAAA.TRADE.jpg" width="589" /></a></div><br /></span><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">There is an eternal debate among various experts as to when globalization actually started; whether it was with the Silk Road, the Vikings, Columbus's voyage, or even before then, with the earliest human migratory routes.</span></span></p><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">Now, it’s no longer relevant when it started. Instead, the new question is whether Russian President Vladimir Putin will end it. </span></span></p><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Russia’s war on Ukraine and the Western sanctions that necessarily followed, could have a lasting impact on</span><a href="https://www.supplychainbrain.com/blogs/1-think-tank/post/34771-what-does-russias-war-mean-for-supply-chain-globalization" style="border: 0px; box-sizing: border-box; color: #0000ee; font-style: inherit; font-weight: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"> globalization</span></a><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">, a process that regardless of when the first seeds were planted, really became entrenched a few decades ago.</span></span></p><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">Globalization was under attack on some level prior to Putin’s invasion of Ukraine. Most significantly, the global pandemic let us all see very clearly the vulnerabilities, especially with supply chains and our dependence on their global nature.</span></span></p><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><br /></span></span></p><p style="border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="border: 0px; box-sizing: border-box; font-style: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: x-large;"><b>Now, everyone is desperately calling for “independence”, whether it is of energy or other resources. </b></span></span></p></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://oilprice.com/Energy/Energy-General/The-Beginning-Of-The-End-Of-Globalization.html" target="_blank"><br /></a></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://oilprice.com/Energy/Energy-General/The-Beginning-Of-The-End-Of-Globalization.html" target="_blank"><br /></a></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://oilprice.com/Energy/Energy-General/The-Beginning-Of-The-End-Of-Globalization.html" target="_blank">READ MORE</a></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>BLACKROCK ASSERTS</b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>GLOBAL TRADE TO DECLINE </b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b><br /></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></div><div style="text-align: center;"><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="416" src="https://www.youtube.com/embed/d9RiBxjnRqY" width="501" youtube-src-id="d9RiBxjnRqY"></iframe></div><br /><span style="font-family: georgia; font-size: medium;"><b><i><br /></i></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: medium;"><b><i>"SO MUCH FOR COMPARATIVE ADVANTAGE"</i></b></span></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><i><br /></i></span></div></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-84278047563102697862022-03-27T16:19:00.000-04:002022-03-27T16:21:22.658-04:00#Inspirational #Wisdom Quotes - March 27, 2022<p> </p><p><br /></p><p class="b-qt qt_120513" style="background-color: white; box-sizing: border-box; color: #101010; line-height: 37px; margin: 0px 0px 15px; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>Intelligence without ambition is a bird without wings.</b></span></p><p class="bq_fq_a" style="background-color: white; box-sizing: border-box; color: #222222; font-weight: 700; margin-bottom: 5px; margin-top: 0px; text-align: right;"><span style="font-family: georgia; font-size: medium;">Salvador Dali</span></p><p style="text-align: center;"><br /></p><p style="text-align: center;"> <span style="font-size: x-large;"><b>Inspirational Wisdom Quotes </b></span><span> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 27, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwcfAgWGvL-WDowqznzeMHCzKT79BiY4SNygbAkljt7byF0d8vFDQzvOWyFwFXIcjiws-pf7e5E6ogBkl79g8nVhgPTJuxZXzQ_-UO-bdxXCv_Fq0VIYe8ybquUF-OXqACJVE9-AdA7v9DuD0MtiFWLIw5r6m0yzHvicsWVNUms0aL2_JicdZ0OtuLLw/s1200/aaaaa.dali.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="630" data-original-width="1200" height="328" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwcfAgWGvL-WDowqznzeMHCzKT79BiY4SNygbAkljt7byF0d8vFDQzvOWyFwFXIcjiws-pf7e5E6ogBkl79g8nVhgPTJuxZXzQ_-UO-bdxXCv_Fq0VIYe8ybquUF-OXqACJVE9-AdA7v9DuD0MtiFWLIw5r6m0yzHvicsWVNUms0aL2_JicdZ0OtuLLw/w625-h328/aaaaa.dali.jpg" width="625" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><b style="text-align: right;"><br /></b><p style="text-align: right;"></p><p style="text-align: center;"><b><span style="font-size: x-large;">MORE</span></b></p><p style="text-align: center;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-17634473071882032842022-03-26T18:25:00.000-04:002022-03-26T18:25:30.304-04:00New York City -#NYC- Still in #Economic Pain<p style="text-align: center;"><span style="font-size: large;"><a href="https://www.bloomberg.com/news/features/2022-03-21/nyc-jobless-rates-double-u-s-averages-in-struggle-with-post-covid-recovery?utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business" target="_blank"> Bloomberg</a></span></p><p style="text-align: center;"><br /></p><h1 class="headline__2a7f6bea" style="background-color: white; border: 0px; font-size: 60px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; letter-spacing: -0.025em; line-height: 62px; margin: 0px 0px 10px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;">New York City’s Renewed Vibrancy Is Hiding Deep Economic Pain</span></h1><div><span style="font-family: georgia;"><br /></span></div><div class="dek__93981da3" style="background-color: white; border: 0px; font-size: 24px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.3; margin: 0px 0px 30px; padding: 0px; vertical-align: baseline;"><p style="border: 0px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b>Workers still aren’t flocking back to offices and unemployment is double the U.S. average, ratcheting up pressure to reinvent the city’s economy.</b></span></p></div><address class="lede-byline__82688bbb" style="background-color: white; border: 0px; font-stretch: inherit; font-style: normal; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 10px; padding: 0px; vertical-align: baseline;"><div style="border: 0px; font-size: 20px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><div class="byline-by__590861d7" style="border: 0px; display: inline-block; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px 5px 0px 0px; padding: 0px; vertical-align: baseline;">By</div><p class="author__619cf27c" style="border: 0px; display: inline-block; font-stretch: inherit; font-variant: inherit; line-height: 1.2; margin: 0px; padding: 0px; vertical-align: baseline; white-space: pre;"><a class="byline__258e32fe" href="https://www.bloomberg.com/authors/AVmRlguxhlo/alicia-diaz" rel="author" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Alicia Diaz</a> and </p><p class="author__619cf27c" style="border: 0px; display: inline-block; font-stretch: inherit; font-variant: inherit; line-height: 1.2; margin: 0px; padding: 0px; vertical-align: baseline; white-space: pre;"><a class="byline__258e32fe" href="https://www.bloomberg.com/authors/ADENOlzHbyY/alexandre-tanzi" rel="author" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Alexandre Tanzi</a></p></b></span></div><div style="border: 0px; font-size: 20px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><br /></b></span></div><div style="border: 0px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><div class="separator" style="clear: both; font-size: 20px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCmghxe55XduuWEpw2Dqz-y_trdhLxjb2CjZPGEh9M6BVxC9465TB2SaDD8J6mu_IvrDAeYzDJNc7gvPHmgokSI1slvXywy3BHcPn1LlEKoWSKWmgPFndLCxs9eDNmKQwNkNdrQFAU3v5WjDM0jVBvZd8YO22mf0eqCvgGtSQnjQldlFQ90GP47_DK/s360/aaaa.nyc.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="140" data-original-width="360" height="455" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCmghxe55XduuWEpw2Dqz-y_trdhLxjb2CjZPGEh9M6BVxC9465TB2SaDD8J6mu_IvrDAeYzDJNc7gvPHmgokSI1slvXywy3BHcPn1LlEKoWSKWmgPFndLCxs9eDNmKQwNkNdrQFAU3v5WjDM0jVBvZd8YO22mf0eqCvgGtSQnjQldlFQ90GP47_DK/w594-h455/aaaa.nyc.jpg" width="594" /></a></div><br /><b><span style="font-size: large;"><br /></span></b></span></div><div style="border: 0px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><p style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px auto 24px; max-width: 620px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">New York City’s apartment sales are sizzling, popular restaurants are booking up and Covid mandates are fading away. But underneath the buzz, an economic pain persists in a city where twice as many people are unemployed compared to the seasonally adjusted U.S. average.</span></p><p style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px auto; max-width: 620px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">At 7.6%, the city’s unemployment was among the <a href="https://dol.ny.gov/labor-statistics-new-york-city-region" rel="noopener" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank" title="Link">worst</a> of major cities. It also lags behind neighboring Northern New Jersey and Long Island. The jobless rate jumps to 11.1%, not seasonally adjusted, in the Bronx, the highest of New York’s five boroughs, and <a href="http://www.centernyc.org/reports-briefs/new-york-citys-pandemic-jobs-deficit-stood-at-421000-in-december-2021" rel="noopener" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank" title="Link">even higher</a> for Black New Yorkers, who were disproportionately impacted by job losses during the pandemic.</span></p><p class="paywall" style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px auto; max-width: 620px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">“New York’s economy is enduring a slower recovery because it is so dependent on the office and entertainment sectors,” said Mark Vitner, a Wells Fargo senior economist. “Cities that were quicker to reopen following the initial lockdowns at the start of the pandemic have also tended to see stronger recoveries.”</span></p><p class="paywall" style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px auto; max-width: 620px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p class="paywall" style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px auto; max-width: 620px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><b>NO RECOVERY FOR THE BIG APPLE?</b></span></p><p class="paywall" style="border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px auto; max-width: 620px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><br /></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: georgia; font-size: large;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/L8UFMnuI_K8" width="320" youtube-src-id="L8UFMnuI_K8"></iframe></span></div><span style="font-family: georgia; font-size: large;"><br /></span><p></p></div><div style="border: 0px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><br /></b></span></div><div style="border: 0px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><span style="font-size: large;"><a href="https://www.bloomberg.com/news/features/2022-03-21/nyc-jobless-rates-double-u-s-averages-in-struggle-with-post-covid-recovery?utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business" target="_blank">Read More</a></span></b></span></div><div style="border: 0px; font-size: 20px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><br /></b></span></div><div style="border: 0px; font-size: 20px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><br /></b></span></div><div style="border: 0px; font-size: 20px; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia;"><b><br /></b></span></div></address>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-16900224954354203762022-03-25T09:30:00.005-04:002022-03-25T11:25:10.551-04:00#Inspirational #Wisdom Quotes - March 25, 2022<p style="text-align: center;"><br /></p><p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjo8Q6AOfgl5d_o1Q5lMj0OzqHXCfDlHAVCDL3H5Yhgl4oQxZIY-9T9EXOfUSsuS-CwVluuzih5QYUmH-4fp33Je5MmClHYw9WOaSwaqujJkgH5L7NbHw6Fy2imagpRexSTEfA0JyOn0zBCV11znmAW_JFvH0Qgv8Q3wFprtekezVsyh9PoTQAe1V4KpA/s587/aaaa.a%20dog.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="362" data-original-width="587" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjo8Q6AOfgl5d_o1Q5lMj0OzqHXCfDlHAVCDL3H5Yhgl4oQxZIY-9T9EXOfUSsuS-CwVluuzih5QYUmH-4fp33Je5MmClHYw9WOaSwaqujJkgH5L7NbHw6Fy2imagpRexSTEfA0JyOn0zBCV11znmAW_JFvH0Qgv8Q3wFprtekezVsyh9PoTQAe1V4KpA/w519-h320/aaaa.a%20dog.png" width="519" /></a></div><br /><p style="text-align: center;"><br /></p><ul class="i8Z77e" style="background-color: white; color: #202124; margin: 0px; padding: 0px;"><li class="TrT0Xe" style="list-style-type: disc; margin: 0px 0px 4px; padding: 0px; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>"We cannot solve our problems with the same thinking we used when we created them." </b></span></li><li class="TrT0Xe" style="font-size: 16px; list-style-type: disc; margin: 0px 0px 4px; padding: 0px; text-align: right;"><span style="font-family: georgia;"><b>Albert Einstein</b></span></li></ul><div style="text-align: right;"><p style="text-align: center;"><span style="font-size: x-large;"><b><br /></b></span></p><p style="text-align: center;"><span style="font-size: x-large;"><b>Inspirational Wisdom Quotes </b></span><span> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 25, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh11qYtwST90b4EcyHFPV2d0zYs_kEv2qU7cuqKS_BFjEOlMAHizQ7Vw4dEYojWbGx6YBEBoXTgb6sapCb9-Z33ZwWeuXlsqTYL0m4xSyapH_Uom90Q4tDab4MBL0s0sia6C9picKu0zm6KZg0HllWjlD80SGPlKhZZCLt93KzJt9o2aJY4JLyO1xYTYQ/s308/aaaaa.aal.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="164" data-original-width="308" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh11qYtwST90b4EcyHFPV2d0zYs_kEv2qU7cuqKS_BFjEOlMAHizQ7Vw4dEYojWbGx6YBEBoXTgb6sapCb9-Z33ZwWeuXlsqTYL0m4xSyapH_Uom90Q4tDab4MBL0s0sia6C9picKu0zm6KZg0HllWjlD80SGPlKhZZCLt93KzJt9o2aJY4JLyO1xYTYQ/w601-h320/aaaaa.aal.jpg" width="601" /></a></div><br /><b><br /></b><p></p><p style="text-align: center;"><b><span style="font-size: x-large;">MORE</span></b></p><p style="text-align: center;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p><p style="text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></p><p style="text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></p><p style="text-align: center;"><br /></p></div><div style="text-align: right;"><span style="color: #202124; font-family: georgia;"><b><br /></b></span></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-85859636967097907122022-03-25T08:14:00.034-04:002022-03-28T23:55:52.843-04:00#FOOD SHORTAGES AND #INFLATION SPARKED BY #DIESEL CRISIS <p style="text-align: center;"><b>OILPRICE.COM</b></p><p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEho6pod10GSzWdLo9KzG1QkYE57dT_5LDfK1aM4v_ss3DLcwPKp6ZT_daex8LamCEKhM7oCPaTnBFT6MSfVFBDkAbDySTMrMMRmnVU7r0QP-rX5ZLmVYx9II5NAeqbsblZ2PQw8uVUnKU0JOKymWEmG6TXBwnzFT0j7OGq2chbeLg1Y9mO8sS1C1zFr/s279/atime.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="180" data-original-width="279" height="292" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEho6pod10GSzWdLo9KzG1QkYE57dT_5LDfK1aM4v_ss3DLcwPKp6ZT_daex8LamCEKhM7oCPaTnBFT6MSfVFBDkAbDySTMrMMRmnVU7r0QP-rX5ZLmVYx9II5NAeqbsblZ2PQw8uVUnKU0JOKymWEmG6TXBwnzFT0j7OGq2chbeLg1Y9mO8sS1C1zFr/w453-h292/atime.jpg" width="453" /></a></div><br /><p></p><h1 style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; line-height: 1.2; margin: 0px 0px 0.7em; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: x-large;">Diesel Crisis In Europe Worsens As Austrian Energy Giant Limits Sales</span></h1><div style="text-align: right;"><b><span style="font-family: georgia;"><span style="background-color: white; text-align: start;">By </span><a href="https://oilprice.com/contributors/ZeroHedge-" style="background-color: white; border: 0px; box-sizing: border-box; color: black; margin: 0px; padding: 0px; text-align: start; vertical-align: baseline;">ZeroHedge </a><span style="background-color: white; text-align: start;">- Mar 24, 2022</span></span></b></div><div style="text-align: right;"><b><span style="font-family: georgia; font-size: medium;"><span style="background-color: white; text-align: start;"><br /></span></span></b></div><div style="text-align: center;"><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">Earlier this week, we quoted the heads of some of the world's biggest independent energy trades, who spoke at the FT Commodities Global Summit in Lausanne, Switzerland and unveiled a <em style="border: 0px; box-sizing: border-box; font-weight: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="box-sizing: border-box;">dire forecast </strong></em>for the diesel market: "<strong style="box-sizing: border-box;">The thing that everybody’s concerned about will be diesel supplies. </strong>Europe imports about half of its diesel from Russia and about half of its diesel from the Middle East,” said Russell Hardy, chief of Switzerland-based oil trader Vitol. “That systemic shortfall of diesel is there.”</span></p><br /><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">As a reminder, Russian supplies account for about 15% of Europe’s diesel consumption, <a href="https://www.ft.com/content/31f73f95-d914-46a1-b610-0c7fc5da493c" style="border: 0px; box-sizing: border-box; color: #0000ee; font-style: inherit; font-weight: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">according to the FT </a>which carried their comments.</span></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">Hardy said the shift to more diesel consumption over gasoline in Europe had helped to create shortages of the fuel. He added that refineries could boost their diesel output in response to higher prices <strong style="box-sizing: border-box;">at the expense of other oil-derived products to shore up supply, </strong>but warned that rationing was a possibility.</span></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><br /></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><b><span style="font-family: georgia; font-size: x-large;">THE NEW ENERGY ORDER?</span></b></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><br /></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="347" src="https://www.youtube.com/embed/TSU2slHE4Cc" width="418" youtube-src-id="TSU2slHE4Cc"></iframe></div><br /><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><br /></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;"><b><a href="https://oilprice.com/Latest-Energy-News/World-News/Diesel-Crisis-In-Europe-Worsens-As-Austrian-Energy-Giant-Limits-Sales.html" target="_blank">READ MORE</a></b></span></p><p style="background-color: white; border: 0px; box-sizing: border-box; line-height: 1.5; margin: 0px 0px 15px; padding: 0px; text-align: center; vertical-align: baseline;"><br /></p></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-65513598489667885252022-03-24T14:45:00.000-04:002022-03-24T14:45:10.209-04:00#RBC Sees Possible 30% Drop in #Home Prices - Massive #Recession Ahead? <p style="text-align: center;"> <b><span style="font-size: medium;">Better Dwelling</span></b></p><p style="text-align: center;"><b><span style="font-size: medium;"><br /></span></b></p><h1 class="entry-title accent-title" itemprop="headline" style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #333333; font-size: 2rem; line-height: 2.2rem; margin: 0.25rem 0px 0.5rem; overflow-wrap: break-word; text-align: center; text-transform: capitalize;"><span style="font-family: georgia;">RBC Risk Model Shows Canadian Real Estate Prices Can Fall 30%, No Growth Expected</span></h1><div><span style="font-family: georgia;"><br /></span></div><div><span style="font-family: georgia;"><br /></span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidGvcbEG_lTzBgizIOMJVJu70_VW2_MBMUuZJ2sYGnt0WAUynvi8dbYMEIHoo4k2_N2UvSsTI29aF9hZ1SUZgD33APHyfg0rWsHDfbCDP0SFj3rKvxfQEQf_1VBJd3-q5DOyKArVpL7ze5WYLJa3EIeeWCcAJn_KdsD_VoDzS32qaaTwWrihw3yZMx/s264/imagesgermany.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="191" data-original-width="264" height="428" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidGvcbEG_lTzBgizIOMJVJu70_VW2_MBMUuZJ2sYGnt0WAUynvi8dbYMEIHoo4k2_N2UvSsTI29aF9hZ1SUZgD33APHyfg0rWsHDfbCDP0SFj3rKvxfQEQf_1VBJd3-q5DOyKArVpL7ze5WYLJa3EIeeWCcAJn_KdsD_VoDzS32qaaTwWrihw3yZMx/w592-h428/imagesgermany.jpg" width="592" /></a></div><br /><span style="font-family: georgia;"><br /></span></div><div><br /></div><div><br /></div><div><br /></div><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word;"><span style="font-family: georgia; font-size: large;">Canada’s largest bank doesn’t see much happening in real estate over the next year. <a href="https://rbc.com/" style="background-color: transparent; border-bottom: 2px solid rgb(81, 180, 206); box-sizing: inherit; color: #777777; font-weight: 700; text-decoration-line: none;">RBC</a> risk models show the bank expects almost no price growth over the next 12 months, and modest growth at best. At worst, the bank sees a 30% drop in home prices and 18 months of deteriorating conditions.</span></p><h2 style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #333333; line-height: 1.1; margin-bottom: 0.5rem; margin-top: 0px; overflow-wrap: break-word; text-transform: capitalize;"><span style="box-sizing: inherit;"><span style="font-family: georgia; font-size: large;">Base And Alternative Scenario Forecasting</span></span></h2><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word;"><span style="font-family: georgia; font-size: large;">Under IFRS 9, institutions need to prepare three forecast scenarios: a base case and two alternative scenarios — downside and upside.</span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word;"><span style="font-family: georgia; font-size: large;">A base case scenario is your working assumption. Not too hot, not too cold. Little out of the ordinary occurs, such as monetary policy missteps. The <a href="https://betterdwelling.com/four-canadian-banks-urge-the-boc-to-raise-rates-another-is-warning-home-buyers/" style="background-color: transparent; border-bottom: 2px solid rgb(81, 180, 206); box-sizing: inherit; color: #777777; font-weight: 700; text-decoration-line: none;">CEO of the bank recently</a></span><a href="https://betterdwelling.com/four-canadian-banks-urge-the-boc-to-raise-rates-another-is-warning-home-buyers/" style="background-color: transparent; border-bottom: 2px solid rgb(81, 180, 206); box-sizing: inherit; color: #777777; font-family: georgia; font-size: x-large; font-weight: 700; text-decoration-line: none;"> criticized the central bank</a><span style="font-family: georgia; font-size: x-large;">, so it’s hard to see that happening. That’s how they defined their base case.</span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://betterdwelling.com/rbc-risk-model-shows-canadian-real-estate-prices-can-fall-30-no-growth-expected/" target="_blank">Read More</a></b></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><b>MORTGAGE PAYMENTS TO GROW EXPONENTIALLY</b></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><b>PREPARE FOR SUPER-INFLATION</b></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="382" src="https://www.youtube.com/embed/PnUEauj7LPc" width="459" youtube-src-id="PnUEauj7LPc"></iframe></div><br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-41609158117853223412022-03-23T12:54:00.002-04:002022-03-23T12:54:44.477-04:00#Inspirational #Wisdom Quotes - March 23, 2022<p style="text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhoZaXtCA58p0aO5Gizp443dddrg8su0vnAShqWvUARPzP_TbUle4LtGeEPU8R4cRCespEDNtk3fLpom-e5Bukq3_lFjxp20nBMcdc6HbznPCR4EvjC2NAY_e84Qrj1M5ub7_Cyu1ChoSWq-noKFfI81MbqBmTgMvyRC9QVVXSmpy9MPkUwg6Khp0DF/s679/aaaaa.inspire.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="679" data-original-width="453" height="763" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhoZaXtCA58p0aO5Gizp443dddrg8su0vnAShqWvUARPzP_TbUle4LtGeEPU8R4cRCespEDNtk3fLpom-e5Bukq3_lFjxp20nBMcdc6HbznPCR4EvjC2NAY_e84Qrj1M5ub7_Cyu1ChoSWq-noKFfI81MbqBmTgMvyRC9QVVXSmpy9MPkUwg6Khp0DF/w508-h763/aaaaa.inspire.jpg" width="508" /></a></div><br /><p style="text-align: center;"><span style="font-size: x-large;"><b>Inspirational Wisdom Quotes </b></span><span> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 23, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"><b> </b><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><b><span style="font-family: georgia; font-size: x-large;"><i>' The greatest deception men suffer is from their own opinions '</i></span></b></p><p style="text-align: right;"><b><span style="font-family: georgia; font-size: medium;">Leonardo da Vinci</span></b></p><p style="text-align: right;"><b><span style="font-family: georgia; font-size: medium;"><br /></span></b></p><p style="text-align: right;"><b><span style="font-family: georgia; font-size: medium;"><br /></span></b></p><p style="text-align: center;"><b></b></p><div class="separator" style="clear: both; text-align: center;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgI5US58qZCpKJYHcLN2cYbc63D2X92SIVhvpscnPVJIUgixeY-uclXlxksbKO1oPOTtJssmDOt5kjZB90H_GYTQN2xPKBqLwMgmLFoP7s_ORwWPT00DErU2IxHEiezfkRmv5X83bCBikg1-EtTaJR2fDLkbuk49eITBHvaSvyMi5I2dDmgHJgBoQPl/s1200/aaaaa.leo.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="630" data-original-width="1200" height="327" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgI5US58qZCpKJYHcLN2cYbc63D2X92SIVhvpscnPVJIUgixeY-uclXlxksbKO1oPOTtJssmDOt5kjZB90H_GYTQN2xPKBqLwMgmLFoP7s_ORwWPT00DErU2IxHEiezfkRmv5X83bCBikg1-EtTaJR2fDLkbuk49eITBHvaSvyMi5I2dDmgHJgBoQPl/w624-h327/aaaaa.leo.jpg" width="624" /></a></b></div><br /><div style="text-align: center;"><span style="font-family: georgia; font-size: large; font-weight: 700;">x</span></div><p></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-48099587428596963092022-03-22T09:00:00.001-04:002022-03-22T12:13:19.783-04:00#INVERTED #YIELD CURVE DRAGS ECONOMIES INTO #RECESSION<h1 class="post-headline " style="background-color: white; border-bottom: 1px solid rgb(222, 226, 230); box-sizing: border-box; color: #111111; line-height: 1.21; margin: 20px 0px 11px; padding-bottom: 17px; text-align: center;"><span style="font-family: georgia; font-size: medium;">MARKETS INSIDER</span></h1><h1 class="post-headline " style="background-color: white; border-bottom: 1px solid rgb(222, 226, 230); box-sizing: border-box; color: #111111; font-size: 2.6875rem; line-height: 1.21; margin: 20px 0px 11px; padding-bottom: 17px; text-align: center;"><span style="font-family: georgia;">An inverted yield curve is likely after the Fed raised interest rates. Here's what that means and why it signals a recession may be imminent.</span></h1><div style="text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhHMFIxc5fSUZrcSuF8PcaK353Hn_ndXWHNwS51cSqhSeRn6_4Z90sNY11VSIpob3cnnM2E7T_88KaLjOZzoko23HrZVY5SHKopAr5wdO1PZHu3p7cwkgV9qVNUaKkUMGamNwOAYsZmGPraG6N-98O5xJme6XSBHPekikGs4ubwrZ2XpK15a0cYsq4/s1486/aaaa.traders.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="836" data-original-width="1486" height="344" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhHMFIxc5fSUZrcSuF8PcaK353Hn_ndXWHNwS51cSqhSeRn6_4Z90sNY11VSIpob3cnnM2E7T_88KaLjOZzoko23HrZVY5SHKopAr5wdO1PZHu3p7cwkgV9qVNUaKkUMGamNwOAYsZmGPraG6N-98O5xJme6XSBHPekikGs4ubwrZ2XpK15a0cYsq4/w591-h344/aaaa.traders.jpg" width="591" /></a></div><br /><ul class="summary-list summary-list-variant" style="background-color: white; box-sizing: border-box; color: #111111; font-size: 20px; font-weight: 900; line-height: 1.4; list-style-type: none; margin: 20px 0px 26px; padding: 0px 0px 0px 22px; text-align: left;"><li style="border-bottom: 1px solid rgb(232, 233, 234); box-sizing: border-box; font-size: 1.25rem; margin: 0px; padding-bottom: 15px; padding-left: 0px; padding-top: 0px; position: relative;"><span style="box-sizing: border-box;"><span style="font-family: georgia;"><i>A yield curve inversion is when short-term interest rates are higher than long-term interest rates.</i></span></span></li><li style="border-bottom: 1px solid rgb(232, 233, 234); box-sizing: border-box; font-size: 1.25rem; margin: 0px; padding-bottom: 15px; padding-left: 0px; padding-top: 25px; position: relative;"><span style="box-sizing: border-box;"><span style="font-family: georgia;"><i>This closely-watched signal suggests markets are out-of-whack and something has to give, which often takes the form of an economic recession.</i></span></span></li><li style="border-bottom: 1px solid rgb(232, 233, 234); box-sizing: border-box; font-size: 1.25rem; margin: 0px; padding-bottom: 15px; padding-left: 0px; padding-top: 25px; position: relative;"><span style="box-sizing: border-box;"><span style="font-family: georgia;"><i>The difference between the US 10-year and 2-year Treasury rates is just over 20 basis points.</i></span></span></li></ul><div style="text-align: center;"><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: left;"><span style="font-family: georgia; font-size: large;">The difference between short-term and long-term interest rates is quickly narrowing, and that means an economic <span class="component rich-tooltip reference-autolinker no-help" data-component-type="reference-autolinker" style="box-sizing: border-box; cursor: auto; display: inline-flex; line-height: 1.3; position: relative;"><a data-analytics-module="body_link" data-analytics-post-depth="0" data-analytics-product-area="link" data-analytics-product-module="Auto-Linker" data-keyword="recession" data-site="bi" data-uri="de10fbbfa11bbe74fdbbe194677f1d2d" href="https://www.businessinsider.com/what-is-a-recession?utm_medium=ingest&utm_source=markets" style="background-color: transparent; box-shadow: rgb(9, 111, 250) 0px 1px 0px 0px; box-sizing: border-box; color: #111111; text-decoration-line: none; transition: all 0.2s ease 0s;">recession</a><span style="box-sizing: border-box;"></span></span> could be right around the corner.</span></p><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: left;"><span style="font-family: georgia; font-size: large;">The yield curve, which plots the interest rate of various bond maturities, is on the verge of an inversion. That means short-term interest rates are almost higher than long-term interest rates. As of Monday, the US 10-year Treasury had a rate of 2.24%, while the US 2-year Treasury had a rate of 2.03%. Meanwhile, the 5-year and 10-year rates are already slightly inverted.</span></p><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: left;"><span style="font-family: georgia; font-size: large;">The convergence of interest rates comes as the <a data-analytics-module="body_link" data-analytics-post-depth="40" data-uri="20f47816e4a17d57cc0fd0e3a9082fda" href="https://www.businessinsider.com/federal-reserve-hikes-interest-rates-inflation-higher-costs-loans-mortgages-2022-3?utm_medium=ingest&utm_source=markets" style="background-color: transparent; box-shadow: rgb(9, 111, 250) 0px 1px 0px 0px; box-sizing: border-box; color: #111111; text-decoration-line: none; transition: all 0.2s ease 0s;">Federal Reserve kicked off its rate hiking cycle</a> for the first time since late 2018, and as inflation soars to 40-year highs. With many investors believing that <a data-analytics-module="body_link" data-analytics-post-depth="40" data-uri="c9b36392e20b1b50a7584563539366e7" href="https://markets.businessinsider.com/news/bonds/fed-emergency-interest-rate-hike-behind-curve-inflation-powell-bofa-2022-2?utm_medium=ingest&utm_source=markets" style="background-color: transparent; box-shadow: rgb(9, 111, 250) 0px 1px 0px 0px; box-sizing: border-box; color: #111111; text-decoration-line: none; transition: all 0.2s ease 0s;">the Fed is "behind the curve,"</a> meaning rates are still low while inflation is high, the Fed is expected to play catch-up with up to six more rate hikes this year. </span></p><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: center;"><span style="font-family: georgia; font-size: large;"><a href="https://markets.businessinsider.com/news/stocks/inverted-yield-curve-signals-economic-recession-imminent-federal-reserve-powell-2022-3" target="_blank"><b>READ MORE</b></a></span></p><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: center;"><br /></p><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: center;"><b><span style="font-size: large;">WHY YIELD CURVE INVERSION IS IMPORTANT</span></b></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="367" src="https://www.youtube.com/embed/DCQwiF0J7hw" width="441" youtube-src-id="DCQwiF0J7hw"></iframe></div><br /><p style="background-color: white; box-sizing: border-box; color: #111111; margin: 2.15rem 0px; text-align: center;"><br /></p></div></div><p style="text-align: center;"><span style="font-family: georgia; font-size: large;"><i><a href="https://markets.businessinsider.com/news/stocks/inverted-yield-curve-signals-economic-recession-imminent-federal-reserve-powell-2022-3" target="_blank"> </a></i></span></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-4476052399989602282022-03-21T18:32:00.001-04:002022-03-21T18:32:35.784-04:00#WSJ - No #NFT Regulations Creates Stage For Exponential #PONZI #Fraud<p style="text-align: center;"><b><span style="font-size: large;"><br /></span></b></p><p style="text-align: center;"><b><span style="font-size: large;"><br /></span></b></p><p style="text-align: center;"><b><span style="font-size: large;">The Wall Street Journal</span></b></p><table border="0" cellpadding="0" cellspacing="0" class="email-body" role="presentation" style="background-color: white; border-collapse: collapse !important; color: #333333; font-family: Georgia, Times, "Times New Roman", serif !important; font-size: 16px; line-height: 24px; margin: 0px auto !important; table-layout: fixed; text-size-adjust: 100%; width: 100%px;"><tbody><tr></tr><tr></tr><tr></tr><tr><td align="center" class="email-body__img" style="padding: 4px 0px 20px; text-size-adjust: 100%;" valign="top"><table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td align="center" style="text-size-adjust: 100%;"><p style="margin: 0px 0px 9px; text-size-adjust: 100%;"><a href="https://cfo.createsend1.com/t/d-l-fburkk-iruljidukt-i/" style="color: #0080c3; text-size-adjust: 100%;"><img alt="" class="hide-in-dark" src="https://cfo.createsend1.com/ti/d/0C/4F9/231/090827/csimport/logo-cfo-journal-light_3.png" style="border-width: 0px; height: auto; line-height: 16px; text-decoration-line: none;" width="188" /></a></p><p style="margin: 0px; text-size-adjust: 100%;"><span class="sans" style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif !important; font-size: 12px;">Sponsored by</span><br /><a href="https://cfo.createsend1.com/t/d-l-fburkk-iruljidukt-d/" style="color: #0080c3; text-size-adjust: 100%;"><img alt="Deloitte logo. " src="https://cfo.createsend1.com/ti/d/0C/4F9/231/090827/csimport/del_pri_rgb_5.png" style="border-width: 0px; height: auto; line-height: 16px; text-decoration-line: none;" width="111" /></a></p></td></tr></tbody></table></td></tr><tr></tr><tr><td style="text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td class="icon-left" style="padding: 10px 0px; text-size-adjust: 100%;" valign="top"><table align="left" border="0" cellpadding="0" cellspacing="0" class="responsive" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 80px;"><tbody><tr></tr><tr><td align="center" class="icon-left__icon--responsive" style="padding: 8px 0px 17px; text-size-adjust: 100%;" valign="top"><img height="80" src="https://cfo.createsend1.com/ei/d/6B/52E/789/csimport/kristin-broughton.220733.png" style="border-width: 0px; height: auto; line-height: 16px;" width="80" /></td></tr><tr></tr></tbody></table><table align="right" border="0" cellpadding="0" cellspacing="0" class="icon-left__valign-middle responsive" role="presentation" style="border-collapse: collapse !important; height: 103px; text-size-adjust: 100%; width: 435px;"><tbody><tr><td class="icon-left__valign-middle email-body__article" height="103" style="color: #333333; font-size: 16px; line-height: 24px; text-size-adjust: 100%;" valign="middle"><table border="0" cellpadding="0" cellspacing="0" class="responsive icon-left__h1" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%;"><tbody><tr><td class="email-body__space" style="padding: 0px 0px 5px; text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td style="text-size-adjust: 100%;" valign="top"><h1 style="color: #333333; letter-spacing: 0px; line-height: 32px; margin: 0px;"><span style="font-family: georgia; font-size: x-large;">The Morning Ledger: More U.S. Companies Wade Into NFTs Despite Lack of Accounting Rules</span></h1></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" class="responsive icon-left__h3" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%;"><tbody><tr><td class="email-body__space" style="padding: 0px 0px 13px; text-size-adjust: 100%;" valign="top"><h3 style="color: #666666; font-size: 14px; font-style: italic; font-weight: 400; line-height: 21px; margin: 0px;">By Kristin Broughton</h3></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td class="hr hr--first" style="padding: 0px 0px 20px; text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td class="td" style="border-top: 1px solid rgb(204, 204, 204); line-height: 0 !important; padding: 0px; text-size-adjust: 100%;" width="100%"> </td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr></tr><tr><td class="email-body__img" style="padding: 4px 0px 20px; text-size-adjust: 100%;" valign="top"><table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td style="text-size-adjust: 100%;"><img class="responsive-img" height="304" label="Image - Fullwidth" src="https://cfo.createsend1.com/ei/d/6B/52E/789/csimport/chart-0be875e5517b71e4461f8b94-8u.220841.png" style="border-width: 0px; display: block; height: auto; line-height: 16px;" width="540" /></td></tr><tr><td class="responsive-img__caption" style="color: #555555; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif !important; font-size: 12px; line-height: 18px; padding: 8px 0px 0px; text-size-adjust: 100%;"></td></tr></tbody></table></td></tr><tr></tr></tbody></table></td></tr><tr><td style="text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td class="email-body__article" style="color: #333333; line-height: 24px; text-size-adjust: 100%;" valign="top"><p style="margin: 0px 0px 18px; text-size-adjust: 100%;"><span style="font-size: large;"><strong>Good morning.</strong> More U.S. companies are <a href="https://cfo.createsend1.com/t/d-l-fburkk-iruljidukt-h/" style="color: #0080c3; text-size-adjust: 100%;">investing in nonfungible tokens</a> even though there are no specific accounting rules or disclosure requirements for them.</span></p><p style="margin: 0px 0px 18px; text-size-adjust: 100%;"><span style="font-size: large;">These tokens, or NFTs, are digital proofs of purchase for items such as art, baseball cards or digital music and can provide access to services like live-streamed concerts. NFTs are stored and traded on decentralized computer networks, or blockchains. Artist Kevin McCoy in 2014 created a pixelated animation of an octagon which is widely considered the first NFT.</span></p><p style="font-size: 16px; margin: 0px 0px 18px; text-size-adjust: 100%;"><br /></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><span style="font-size: large;"><a href="https://cfo.createsend1.com/t/ViewEmail/d/D2AC2E907E8D4D112540EF23F30FEDED/AA52224F027768371C65CA3F48968C2E?alternativeLink=False" target="_blank">Read More</a></span></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><br /></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg1BNOxvUF520hSCIgQEF-iXa5_w7ivH2LeZRbfR4lPQImbFUwHiHB7_1RX6xpoX-SnMdg5xNmGtjLcIaptjrVz-v03SwCTANsAQpPDWR9lEgl5x5_4R4ODJnPaYrblDXPNsb6DdU28Sgwd1YNAYIGgSXMKXMLZM1w6GeFtXU8m-FTSxkHNSw3SVvDN=s300" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="168" data-original-width="300" height="322" src="https://blogger.googleusercontent.com/img/a/AVvXsEg1BNOxvUF520hSCIgQEF-iXa5_w7ivH2LeZRbfR4lPQImbFUwHiHB7_1RX6xpoX-SnMdg5xNmGtjLcIaptjrVz-v03SwCTANsAQpPDWR9lEgl5x5_4R4ODJnPaYrblDXPNsb6DdU28Sgwd1YNAYIGgSXMKXMLZM1w6GeFtXU8m-FTSxkHNSw3SVvDN=w575-h322" width="575" /></a></div><br /><b><br /></b><p></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><br /></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><span style="font-size: x-large;">ALL IN ALL, THESE NFTs ARE HIGH-RISK DUBIOUS PROPOSITIONS</span></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><span style="font-size: large;"><i>'caveat emptor'</i></span></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><span style="font-size: large;"><i><br /></i></span></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><span style="font-size: large;"><i>What Professional Lawyers Say</i></span></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><b><br /></b></p><p style="margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/Buq9xosvxX0" width="320" youtube-src-id="Buq9xosvxX0"></iframe></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><b><i><span style="font-size: large;">Rich Guys Seeking Bigger Fools?</span></i></b></div><div class="separator" style="clear: both; text-align: center;"><b><span style="font-size: x-large;"><br /></span></b></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/H-GgJoaL4KM" width="320" youtube-src-id="H-GgJoaL4KM"></iframe></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><br /><b><br /></b><p></p></td></tr></tbody></table></td></tr></tbody></table><p style="text-align: center;"><b><span style="font-size: large;"><br /></span></b></p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-59174163006100677232022-03-21T07:30:00.001-04:002022-03-21T17:41:26.819-04:00#Inspirational #Wisdom Quotes - March 21, 2022<p style="text-align: center;"> </p><p style="text-align: center;"><span style="font-size: x-large;"><b>Inspirational Wisdom Quotes </b></span><span> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 21, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg6g9O32AaW9bsGCyKrcsQGctV4FXIqQ82QNPYYAOYZSnEw8WtHThejmsxsyHnvvJcLoszBu9B_2X3PqdhoeA0ieccLbnc3i_yeBH8x4IsAzbE8j268_DpNeT-_0OEkJq_y08OJD8BMUgw4CW3hhXgQ6TvFHaKvKHlSebPyTvU62DMl4fSHES79xsgDAw=s618" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="340" data-original-width="618" height="336" src="https://blogger.googleusercontent.com/img/a/AVvXsEg6g9O32AaW9bsGCyKrcsQGctV4FXIqQ82QNPYYAOYZSnEw8WtHThejmsxsyHnvvJcLoszBu9B_2X3PqdhoeA0ieccLbnc3i_yeBH8x4IsAzbE8j268_DpNeT-_0OEkJq_y08OJD8BMUgw4CW3hhXgQ6TvFHaKvKHlSebPyTvU62DMl4fSHES79xsgDAw=w611-h336" width="611" /></a></div><br /><b><br /></b><p></p><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></div><div><b style="color: #181818; font-size: xx-large;"><br /></b></div><p><br /></p><p class="quotation" style="box-sizing: border-box; color: #383838; margin: 0px 0px 10px; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b><i>Television brought the brutality of war into the comfort of the living room. Vietnam was lost in the living rooms of America -- not on the battlefields of Vietnam.</i></b></span></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: right;"><b><span style="font-size: medium;">Marshall McLuhan</span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: right;"><b><span style="font-size: medium;"><br /></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: right;"><b><span style="font-size: medium;"><br /></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: right;"><b><span style="font-size: medium;"><br /></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b></b></p><div class="separator" style="clear: both; text-align: center;"><b><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhZFo4ssACsjiZ_822ZAQrJEZWf3ZBZ8WBNuSmzPOxLpYbXNMnVqADxyPUFXJphj1_yfy7sGBrjFNKF4EEV6DeTr9uN0aphrEWXvQXQi2ltwxJZiO3kOMT-R6v-EluWqc7Wb3NzOcEpj3tc0m9SsLjEjle46VeOC99RuXLnmkrlqIvEx7t6HCxk3OjNkQ=s600" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="315" data-original-width="600" height="316" src="https://blogger.googleusercontent.com/img/a/AVvXsEhZFo4ssACsjiZ_822ZAQrJEZWf3ZBZ8WBNuSmzPOxLpYbXNMnVqADxyPUFXJphj1_yfy7sGBrjFNKF4EEV6DeTr9uN0aphrEWXvQXQi2ltwxJZiO3kOMT-R6v-EluWqc7Wb3NzOcEpj3tc0m9SsLjEjle46VeOC99RuXLnmkrlqIvEx7t6HCxk3OjNkQ=w600-h316" width="600" /></a></b></div><b><br /><span style="font-size: medium;"><br /></span></b><p></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b><span style="font-size: medium;"><br /></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b><span style="font-size: x-large;">THE TRUTH HURTS</span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b><span style="font-size: large;"><a href="https://firstfinancialinsights.blogspot.com/2011/06/blog-post.html" target="_blank"> 'INVISIBLE GENOCIDE'</a></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b><br /></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/MdWGp3HQVjU" width="320" youtube-src-id="MdWGp3HQVjU"></iframe></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b><span style="font-size: x-large;"><br /></span></b></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><span style="font-size: x-large;"><b>SING ALONG FOLKS</b></span></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><span style="font-size: x-large;"><b><br /></b></span></p><p class="attribution" style="box-sizing: border-box; font-family: georgia, sans-serif; margin: 0px 0px 10px; text-align: center;"><b></b></p><div class="separator" style="clear: both; text-align: center;"><b><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/NcoQHLcFPV8" width="320" youtube-src-id="NcoQHLcFPV8"></iframe></b></div><b><br /><div class="separator" style="clear: both; text-align: center;"><br /></div></b>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-66690391998695815802022-03-19T07:30:00.034-04:002022-03-19T07:30:00.163-04:00Why is #China's #Property Market #Economic Disaster?<p> </p><h1 id="td-headline" itemprop="headline" style="box-sizing: border-box; color: #333333; line-height: 48px; margin: 0px; padding: 20px 0px 4px; text-align: center;"><span style="font-family: georgia; font-size: medium;">The Diplomat</span></h1><div><span style="font-family: georgia; font-size: medium;"><br /></span></div><h1 id="td-headline" itemprop="headline" style="box-sizing: border-box; color: #333333; font-size: 40px; line-height: 48px; margin: 0px; padding: 20px 0px 4px; text-align: center;"><span style="font-family: georgia;">What Doomed China’s Much-Anticipated Property Market Reform Plan?</span></h1><div><span style="font-family: georgia;"><br /></span></div><div style="text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgGbOltBFXEy2IgEbZf71gt3jaNaxKfxn78EJgxpF-nffEEoojpL_hPVCH4NRicV4xbSTLS3r8ThH_yrgUBn2qPC0LKzSMfMysDEmC7boh1NPkl1cVLgRc3Rebll_DZbu3PpTDYEZvgsTxUmp-akLAaEjmTSjOGF-vw0hUFfFbFZ4Oi3VzUEgB2JfWk=s300" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="168" data-original-width="300" height="349" src="https://blogger.googleusercontent.com/img/a/AVvXsEgGbOltBFXEy2IgEbZf71gt3jaNaxKfxn78EJgxpF-nffEEoojpL_hPVCH4NRicV4xbSTLS3r8ThH_yrgUBn2qPC0LKzSMfMysDEmC7boh1NPkl1cVLgRc3Rebll_DZbu3PpTDYEZvgsTxUmp-akLAaEjmTSjOGF-vw0hUFfFbFZ4Oi3VzUEgB2JfWk=w624-h349" width="624" /></a></div><br /></div><div><span style="font-family: georgia;"><br /></span></div><div id="td-lead" itemprop="description" style="box-sizing: border-box; line-height: 36px; padding: 6px 0px 28px;"><p style="box-sizing: border-box; color: #333333; font-size: 28px; margin: 0px; text-align: center;"><i><span style="font-family: georgia;">Once again, China’s government failed to approve a property tax law, seen as a key part of reforming the real estate sector.</span></i></p><p style="box-sizing: border-box; color: #333333; font-size: 28px; margin: 0px; text-align: center;"><i><span style="font-family: georgia;"><br /></span></i></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;">The 2022 National People’s Congress surprised many China observers – not because of what happened, but because of what did not happen. The Chinese government failed to approve a property tax. The Government Work Report did not even mention property market reform.</span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;">After the real estate sector’s structural crisis in 2021, reforming the property market seems inevitable, and implementing a property tax is the first step toward property market reform. In an essay in Qiushi, the official theoretical journal of the Chinese Communist Party, top leader Xi Jinping <a href="http://www.qstheory.cn/dukan/qs/2021-10/15/c_1127959365.htm" style="box-sizing: border-box; color: #009688;">singled</a> out a property tax as the flagship project for property market reform and vital to his “<a href="https://thediplomat.com/2021/08/chinas-communist-common-prosperity-campaign/" style="box-sizing: border-box; color: #009688;">Common Prosperity</a>” campaign. Following Xi’s essay, the National People’s Congress <a href="http://www.npc.gov.cn/npc/c30834/202112/b9e7e3505710444eabadd0fef124e0f7.shtml" style="box-sizing: border-box; color: #009688;">drafted</a> and approved a decision to expand the property tax experiment. Minister of Finance Liu Kun <a href="https://news.sina.com.cn/o/2021-12-27/doc-ikyamrmz1510380.shtml" style="box-sizing: border-box; color: #009688;">declared</a> that the Ministry must “prepare for property tax experiments.” As a result, an insider of the Chinese government predicted with confidence that the central government would launch property tax during the 2022 National People’s Congress.</span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><a href="https://thediplomat.com/2022/03/what-doomed-chinas-much-anticipated-property-market-reform-plan/" target="_blank">Read More</a></b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="box-sizing: border-box; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="color: red; font-family: georgia; font-size: large;"><b>HIGHEST-RISK</b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b> Global Investing </b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b> #1 Chinese Real Estate Market</b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><b><br /></b></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="406" src="https://www.youtube.com/embed/TYQZoGgXqgI" width="489" youtube-src-id="TYQZoGgXqgI"></iframe></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><span style="font-family: georgia; font-size: x-large;"><b>Face It - Empty Buildings Don't make Money</b></span></div><br /><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="400" src="https://www.youtube.com/embed/IkhyZdpTeEs" width="481" youtube-src-id="IkhyZdpTeEs"></iframe></div><br /><span style="font-family: georgia; font-size: large;"><br /></span><p></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="box-sizing: border-box; color: #333333; line-height: 30px; margin: 0px 0px 12px; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="box-sizing: border-box; color: #333333; font-size: 28px; margin: 0px; text-align: center;"><i><span style="font-family: georgia;"><br /></span></i></p></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-3098567165568730542022-03-19T07:30:00.005-04:002022-03-19T07:30:00.163-04:00#Inspirational Wisdom #Quotes - March 19, 2022<p style="text-align: center;"> <span style="text-align: left;"> </span><span style="font-size: x-large;"><b>Inspirational Wisdom Quotes </b></span><span> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 19, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjCPrz4B5XTV_p7FOh_xqRF-7m6Mmj7EMc1N6xVtaUBxqXss_I-VmQvb8ZHLLucBGwIPW9dwHMgWcAi2BxMCbyUTejo-a64Jia6Pv7DK6vl4dX81e0J80FlgZG-8ikgy2s_9l75UMRz-_uVQ-yqs9RYIzUTmta2k2-2A0uKU7M9mYM7zxVxB9tfMkT8=s680" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="680" data-original-width="555" height="710" src="https://blogger.googleusercontent.com/img/a/AVvXsEjCPrz4B5XTV_p7FOh_xqRF-7m6Mmj7EMc1N6xVtaUBxqXss_I-VmQvb8ZHLLucBGwIPW9dwHMgWcAi2BxMCbyUTejo-a64Jia6Pv7DK6vl4dX81e0J80FlgZG-8ikgy2s_9l75UMRz-_uVQ-yqs9RYIzUTmta2k2-2A0uKU7M9mYM7zxVxB9tfMkT8=w579-h710" width="579" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: center;"><b><span style="font-family: georgia;"><i><span style="background-color: white; text-align: start;"><span style="font-size: x-large;">“Three things cannot long be hidden: the sun, the moon, and the truth.”</span></span><span class="Apple-converted-space" style="background-color: white; font-size: 18px; text-align: start; visibility: visible;"> </span></i></span></b></p><p style="text-align: right;"><span style="background-color: white; text-align: start;"><b><span style="font-family: georgia; font-size: medium;">— Confucius</span></b></span></p><p style="text-align: right;"><span style="background-color: white; text-align: start;"><b><span style="font-family: georgia; font-size: medium;"><br /></span></b></span></p><p style="text-align: center;"><span style="background-color: white; text-align: start;"><b></b></span></p><div class="separator" style="clear: both; text-align: center;"><span style="background-color: white; text-align: start;"><b><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg9JrfLIpO7e_co_9hvuHC3Mmr-NrorEdkpLu_DgfZkKzC8HGvVkeEIFAHQVxKzl_YLGf0UtPgdhVeFA1_Nh3AObGSn0IsN47OGoGHcpvvCYIHBxFBMBFLLSZOM0gG5Z2YubDaEmE6k22tTCDEXD0U3OnbQomrDG3qm1RsEsDz_MY2qVHlYw0DI0s4k=s1200" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="1200" height="321" src="https://blogger.googleusercontent.com/img/a/AVvXsEg9JrfLIpO7e_co_9hvuHC3Mmr-NrorEdkpLu_DgfZkKzC8HGvVkeEIFAHQVxKzl_YLGf0UtPgdhVeFA1_Nh3AObGSn0IsN47OGoGHcpvvCYIHBxFBMBFLLSZOM0gG5Z2YubDaEmE6k22tTCDEXD0U3OnbQomrDG3qm1RsEsDz_MY2qVHlYw0DI0s4k=w602-h321" width="602" /></a></b></span></div><span style="background-color: white;"><b><br /></b></span>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-64576635227337478572022-03-18T11:55:00.004-04:002022-03-18T11:55:24.401-04:00Thank the Stars! #WSJ: #Russia Avoids #Default on #Bonds<p style="text-align: center;"><b><span style="font-size: medium;">The Wall Street Journal </span></b></p><table border="0" cellpadding="0" cellspacing="0" class="responsive icon-left__h1" role="presentation" style="background-color: white; border-collapse: collapse !important; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; font-size: 16px; text-size-adjust: 100%;"><tbody><tr><td class="email-body__space" style="padding: 0px 0px 5px; text-size-adjust: 100%;" valign="top"><table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse: collapse !important; text-size-adjust: 100%; width: 100%px;"><tbody><tr><td style="text-size-adjust: 100%;" valign="top"><h1 style="color: #333333; letter-spacing: 0px; line-height: 32px; margin: 0px; text-align: center;"><span style="font-family: georgia; font-size: x-large;">The Morning Ledger: Russia Averts Default; U.S. to End Normal Trade Ties</span></h1><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" class="responsive icon-left__h3" role="presentation" style="background-color: white; border-collapse: collapse !important; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; font-size: 16px; text-align: right; text-size-adjust: 100%;"><tbody><tr><td class="email-body__space" style="padding: 0px 0px 13px; text-size-adjust: 100%;" valign="top"><h3 style="color: #666666; font-style: italic; line-height: 21px; margin: 0px; text-align: right;"><span style="font-size: medium;">By Nina Trentmann</span></h3></td></tr></tbody></table><br /><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhPiLmZyHI7_vqatc82mKMKGqCOFRVQu8kCNdjvzq9mCljusyeo3ilLf3sY3WBc1m--C5cQ24a7Z8B7BFsl20JYO3up5vLjFk0zPuey7yE4dL_YRGJeO5AFuSAW-q5I0qUub1pL5V2Fq8MF7CXnjkqZuYsUaSZkF4S1L3fESQPdAX7IU2fNCmMS-Qcp=s721" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="526" data-original-width="721" height="446" src="https://blogger.googleusercontent.com/img/a/AVvXsEhPiLmZyHI7_vqatc82mKMKGqCOFRVQu8kCNdjvzq9mCljusyeo3ilLf3sY3WBc1m--C5cQ24a7Z8B7BFsl20JYO3up5vLjFk0zPuey7yE4dL_YRGJeO5AFuSAW-q5I0qUub1pL5V2Fq8MF7CXnjkqZuYsUaSZkF4S1L3fESQPdAX7IU2fNCmMS-Qcp=w612-h446" width="612" /></a></div><br /><div style="text-align: center;"><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: start; text-size-adjust: 100%;"><span style="font-size: large;"><strong>Good morning.</strong> Russia made good on payments to foreign bondholders, according to investors and traders, <a href="https://cfo.createsend1.com/t/d-l-fbjydt-iruljidukt-k/" style="color: #0080c3; text-size-adjust: 100%;">averting default</a> on its foreign debt in the face of the war in Ukraine and punishing Western sanctions.</span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: start; text-size-adjust: 100%;"><span style="font-size: large;">Holders of two Russian dollar bonds said coupon payments arrived Thursday, a day late, but well within the 30-day grace period granted under the terms of the bonds. The Treasury Department has said that current U.S. sanctions don’t prohibit Russia from making debt payments.</span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: start; text-size-adjust: 100%;"><span style="font-size: large;"><br /></span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><span style="font-size: large;"><b>For Now - Russia Averts Bond Default</b></span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><span style="font-size: large;"><b><br /></b></span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: start; text-size-adjust: 100%;"></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/pVba1i-nBW4" width="320" youtube-src-id="pVba1i-nBW4"></iframe></div><br /><span style="font-size: large;"><br /></span><p></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><span style="font-size: large;"><b><a href="https://cfo.cmail19.com/t/ViewEmail/d/0AE89394AA6FBE592540EF23F30FEDED/AA52224F027768371C65CA3F48968C2E?alternativeLink=False" target="_blank">Read More</a></b></span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><span style="font-size: large;"><br /></span></p><p style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; margin: 0px 0px 18px; text-align: center; text-size-adjust: 100%;"><span style="font-size: large;"><br /></span></p></div><div style="text-align: center;"><span style="font-size: large;"><br /></span></div><div style="text-align: center;"><br /></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-49106146489995768422022-03-17T12:12:00.002-04:002022-03-17T12:12:51.314-04:00#US Reserve #Currency Status in #Peril - Saudis Trade #Oil for #Yuan<p style="text-align: center;"><b><span style="font-size: medium;">Bloomberg </span></b></p><p style="text-align: center;"><b><span style="font-size: medium;"><br /></span></b></p><h1 class="headline__699ae8fb" style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; letter-spacing: -0.025em; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><span style="font-family: georgia; font-size: x-large;">Yuan Jumps After Report on Saudis Weighing Its Use in Oil Deals</span></h1><div style="text-align: center;"><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: center;"><li class="abstract-item__53ceee34" style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><div class="abstract-item-text__d2d4dde8" style="border: 0px; display: inline; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 0px 10px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: medium;"><i>Currency boost comes as renminbi transactions may increase</i></span></div></li><li class="abstract-item__53ceee34" style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><div class="abstract-item-text__d2d4dde8" style="border: 0px; display: inline; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 0px 10px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: medium;"><i><br /></i></span></div></li><li class="abstract-item__53ceee34" style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><div class="abstract-item-text__d2d4dde8" style="border: 0px; display: inline; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px 0px 0px 10px; padding: 0px; vertical-align: baseline;"><span style="font-family: georgia; font-size: medium;"><i>Yuan weakened more than 1% versus the dollar from March 10-14</i></span></div></li></div><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: right;"><b><span style="font-size: x-small;"><div class="byline-by__590861d7" style="background-color: white; border: 0px; display: inline-block; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 5px 0px 0px; padding: 0px; text-align: start; vertical-align: baseline;">By</div><p class="author__619cf27c" style="background-color: white; border: 0px; display: inline-block; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.2; margin: 0px; padding: 0px; text-align: start; vertical-align: baseline; white-space: pre;"><a class="byline__258e32fe" href="https://www.bloomberg.com/authors/AQEAlG1f3x0/george-lei" rel="author" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-family: inherit; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">George Lei</a>, </p><p class="author__619cf27c" style="background-color: white; border: 0px; display: inline-block; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.2; margin: 0px; padding: 0px; text-align: start; vertical-align: baseline; white-space: pre;"><a class="byline__258e32fe" href="https://www.bloomberg.com/authors/AUPbNuxRqtQ/maria-elena-vizcaino" rel="author" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-family: inherit; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline-width: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Maria Elena Vizcaino</a>, and </p><p class="author__619cf27c" style="background-color: white; border: 0px; display: inline-block; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.2; margin: 0px; padding: 0px; text-align: start; vertical-align: baseline; white-space: pre;"><a class="byline__258e32fe" href="https://www.bloomberg.com/authors/AOaIfVMEEws/ye-xie" rel="author" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-family: inherit; font-stretch: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Ye Xie</a></p></span></b></div><div style="text-align: right;"><br /></div><div style="text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjyyBldJvUeSAEPfDbRpSTTTl1uKyVec12A7X0vdJnFM7ckbT-woak76PRHPMnT6MyrGkErZ5-LHCo6lwDgmdyv12NDPufWRT-lTfD9klXmaa155Ki9gW2zD0xtAdrM4YfjojexrM11p2WpLNmtF7cuuH6aVHTcelHMpVIOD-35Qf6-zCkrbv1LBNBU=s1500" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1000" data-original-width="1500" height="388" src="https://blogger.googleusercontent.com/img/a/AVvXsEjyyBldJvUeSAEPfDbRpSTTTl1uKyVec12A7X0vdJnFM7ckbT-woak76PRHPMnT6MyrGkErZ5-LHCo6lwDgmdyv12NDPufWRT-lTfD9klXmaa155Ki9gW2zD0xtAdrM4YfjojexrM11p2WpLNmtF7cuuH6aVHTcelHMpVIOD-35Qf6-zCkrbv1LBNBU=w583-h388" width="583" /></a></div><p style="background-color: white; border: 0px; font-family: PublicoText-Roman-Web, Georgia, Cambria, "Times New Roman", Times, serif; font-size: 20px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 24px; padding: 0px; text-align: start; vertical-align: baseline;"><br /></p><p style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 24px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">The Chinese yuan reversed earlier declines following a <a class="terminal-news-story" href="https://www.bloomberg.com/news/terminal/R8SGZB0799MO" style="background-color: transparent; border-bottom-color: rgb(0, 0, 0); border-bottom-style: dotted; border-image: initial; border-left-color: initial; border-left-style: initial; border-right-color: initial; border-right-style: initial; border-top-color: initial; border-top-style: initial; border-width: 0px 0px 0.5px; color: black; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; overflow-wrap: break-word; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank" title="Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales -- WSJ">report</a> by Dow Jones that Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in the currency.</span></p><p style="background-color: white; border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 24px 0px; padding: 0px; text-align: start; vertical-align: baseline;"><span style="font-family: georgia; font-size: large;">The talks with China over yuan-priced oil contracts have been off and on for six years but have accelerated this year as the Saudis have grown increasingly unhappy with decades-old U.S. security commitments to defend the kingdom, Dow Jones reported, citing people familiar with the matter. The offshore yuan erased a loss of as much as 0.3%, and traded slightly stronger at 6.39 per dollar. </span></p><span style="font-family: georgia; font-size: large;"><br /></span></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><span style="font-family: georgia; font-size: large;"><a href="https://www.bloomberg.com/news/articles/2022-03-15/yuan-surges-after-report-on-saudis-accepting-currency-for-oil" target="_blank"><b>Read More</b></a></span></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><b><span style="background-color: white; color: red; font-size: x-large;">TOP WARNING</span></b></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><b><span style="font-size: x-large;">May Accelerate US Inflation and Deflation</span></b></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="385" src="https://www.youtube.com/embed/U4QZVafAr_M" width="463" youtube-src-id="U4QZVafAr_M"></iframe></div><br /><div style="text-align: center;"><br /></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-10383943592196175502022-03-17T07:30:00.005-04:002022-03-17T07:30:00.165-04:00#Inspirational Wisdom #Quotes - March 17, 2022<p style="text-align: center;"><br /></p><p> <span style="font-size: x-large; text-align: center;"><b>Inspirational Wisdom Quotes </b></span><span style="text-align: center;"> </span></p><p style="text-align: center;"><span style="background-color: white; color: #101010; font-size: 20pt;"></span></p><p style="text-align: center;"> <b>March 17, 2020 </b></p><p style="text-align: center;"><b><br /></b></p><p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg6B2UtQ_UxSNUhPPBFaouRAVflfAUFsrd6iaOeQ2tZq9vraBVX4lwHlexQAqmRQkwi8vosNZljp9uUTW9N5tDxBJzXOxyM636QIXJUJtH4S8GWIbPfQZV3jj2BK6Gqdz9rNhG7vgBaOPX-sRmHRcv77L8KXoMe0nrWB5CHohc65Wi1cXZBqUkrCih0sA=s250" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="167" data-original-width="250" height="389" src="https://blogger.googleusercontent.com/img/a/AVvXsEg6B2UtQ_UxSNUhPPBFaouRAVflfAUFsrd6iaOeQ2tZq9vraBVX4lwHlexQAqmRQkwi8vosNZljp9uUTW9N5tDxBJzXOxyM636QIXJUJtH4S8GWIbPfQZV3jj2BK6Gqdz9rNhG7vgBaOPX-sRmHRcv77L8KXoMe0nrWB5CHohc65Wi1cXZBqUkrCih0sA=w581-h389" width="581" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><b><span style="font-size: large;"><a href="https://drkinesa.blogspot.com/p/doom.html">2022 Inspirations and Wisdom</a></span></b></b></div><div class="separator" style="clear: both; text-align: center;"><b style="color: #181818; font-size: xx-large;"><br /></b></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: center;"><span face="proxima-nova-n4, proxima-nova, "helvetica neue", Helvetica, Arial, sans-serif" style="background-color: white; font-size: 18px; text-align: start;"> </span><span style="background-color: white; text-align: start;"><span style="font-family: georgia; font-size: x-large;"><b><i>“It is during our darkest moments that we must focus to see the light.”</i></b></span></span></p><p style="text-align: right;"><span style="background-color: white; text-align: start;"><span style="font-family: georgia; font-size: medium;"><b><i>Aristotle</i></b></span></span></p><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgBve8ODWrx8fywgaW5EIS-W6-1wrKZCoT2KDXXwPNWOhhE2DJA9PMs_x1FlCDx5Yiw04Y5PuCgy74hOE1kMiKpgrhjXs53cDRPOsfwhBSelp4oeU4LKOoCar4f8RtYHRWgFwvgUpJeShLP-qDtZITTlK78MwiiHc6TJoDiNTwY9IR_iY4bPvYvWLZ-Zg=s248" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="204" data-original-width="248" height="479" src="https://blogger.googleusercontent.com/img/a/AVvXsEgBve8ODWrx8fywgaW5EIS-W6-1wrKZCoT2KDXXwPNWOhhE2DJA9PMs_x1FlCDx5Yiw04Y5PuCgy74hOE1kMiKpgrhjXs53cDRPOsfwhBSelp4oeU4LKOoCar4f8RtYHRWgFwvgUpJeShLP-qDtZITTlK78MwiiHc6TJoDiNTwY9IR_iY4bPvYvWLZ-Zg=w582-h479" width="582" /></a></div><br /><b><br /></b><p></p><p></p><br /><p style="text-align: center;"> </p>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0tag:blogger.com,1999:blog-8141840565659491698.post-82086186677562598222022-03-16T10:27:00.000-04:002022-03-16T10:27:23.731-04:00Bank Of #Canada Overnight #Rate #Forecast To Hit 3%<p style="text-align: center;"> </p><h1 class="entry-title accent-title" itemprop="headline" style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #333333; line-height: 2.2rem; margin: 0.25rem 0px 0.5rem; overflow-wrap: break-word; text-align: center; text-transform: capitalize;"><span style="font-family: georgia; font-size: x-large;">Bank Of Canada Waited Too Long, Expect MUCH Higher Interest Rates: Scotiabank</span></h1><div style="text-align: center;"><span style="font-family: georgia; font-size: medium;"><b>March 16,2022</b></span></div><div><span style="font-family: georgia; font-size: x-large;"><br /></span></div><div style="text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEi9SUP1I2Bs54GSLdYj7g8_NDdNgoqZO5rG1kWhF62EiLjzPLRbShrp9GiGIZXCuq_P21cbBgVjRzF8zo4Fy45KGtL-RAPjv13rHmIr9dlMJ8FooSXphPNxXXHvArwJD9kgyCg8U1z3ZvUdtBg8KMfHzzrvYPhpHtZvRP5ojLm9gP2Mc-KK5DuYU5dE=s275" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" height="390" src="https://blogger.googleusercontent.com/img/a/AVvXsEi9SUP1I2Bs54GSLdYj7g8_NDdNgoqZO5rG1kWhF62EiLjzPLRbShrp9GiGIZXCuq_P21cbBgVjRzF8zo4Fy45KGtL-RAPjv13rHmIr9dlMJ8FooSXphPNxXXHvArwJD9kgyCg8U1z3ZvUdtBg8KMfHzzrvYPhpHtZvRP5ojLm9gP2Mc-KK5DuYU5dE=w587-h390" width="587" /></a></div><br /><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><br /></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;">One of Canada’s largest banks just made the most aggressive interest rate forecast yet. <a href="https://www.scotiabank.com/ca/en/personal.html" style="background-color: transparent; border-bottom: 2px solid rgb(81, 180, 206); box-sizing: inherit; color: #777777; font-weight: 700; text-decoration-line: none;">Scotiabank</a> now sees the Bank of Canada (BoC) overnight rate hitting 3.0% by next year. The bank acknowledges it’s an aggressive call, but it’s needed to control inflation. They feel the BoC kept rates too low for too long, and now needs to play catch up. </span></p><h2 style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #333333; line-height: 1.1; margin-bottom: 0.5rem; margin-top: 0px; overflow-wrap: break-word; text-align: center; text-transform: capitalize;"><span style="font-family: georgia; font-size: large;"><br /></span></h2><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;">Canadian interest rates are forecast to soar over the next few months. The bank sees the overnight rate hitting 2.5% by the end of 2022 and rising another 50 basis points (bps) in Q1 2023. It would be the highest overnight rate since before the Great Recession, with an overnight rate at 3.0%. That’s an extremely sharp increase.</span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;">“We think the BoC is falling farther and farther behind the curve. As a result, we now predict that it will raise its policy rate by an additional 2 percentage points this year, ending the year at 2.5%,” said Jean-François Perrault, the bank’s chief economist.</span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><span style="font-family: georgia; font-size: large;"><a href="https://betterdwelling.com/bank-of-canada-waited-too-long-expect-much-higher-interest-rates-scotiabank/" target="_blank"><b>Read More</b></a></span></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><br /></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><b><span style="font-family: georgia; font-size: x-large;">BACK AT THE RANCH - WHAT'S THE FED THINKING?</span></b></p><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><br /></p><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="346" src="https://www.youtube.com/embed/mrbMkSRhiRY" width="416" youtube-src-id="mrbMkSRhiRY"></iframe></div><br /><p style="-webkit-font-smoothing: antialiased; background-color: white; box-sizing: inherit; color: #555555; margin: 0px 0px 1em; overflow-wrap: break-word; text-align: center;"><br /></p></div>T A McNeilhttp://www.blogger.com/profile/05690531689269601990noreply@blogger.com0