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Showing posts with label Fedonomics. Show all posts
Showing posts with label Fedonomics. Show all posts

Sunday, September 13, 2026

Israel Did 9/11 - by π™‚π™Šπ™Šπ˜Ώ π˜Ύπ™„π™π™„π™•π™€π™‰ - When will the U.S. invade Israel?


Nearly half of the $40 trillion in national debt has gone to wars of choice for Israel, and paying interest on the debt created for those wars, plus managing programs for illegals invited into the country by the Hebrew Immigrant Aid Society.  The United States is not “occupied.” It was conquered at least 113 years ago.

I know, I know. That subtitle is like asking ‘when will bears stop shitting in the woods?’ But sometimes bears shit in meadows, or on mesas, or on people’s lawns. Hell, I wasn’t even going to write this piece, but it was hard to hide my disgust at reading so many lies about 9/11 this past week from Kosher Con Inc rags like Ziohedge to the corporate septic distillers pumping Israeli stillage, so I felt compelled to purge that disgust here.

Here’s the score, Good Citizens: Generation Z isn’t playing these kosher atrocity propaganda and fantasy history games that normies have played for seventy years. Change is coming fast, and the parasite is panicking because it must secure new hosts before that change arrives.

https://thegoodcitizen.live/p/israel-did-911?utm_source=post-email-title&publication_id=510806&post_id=213042150&utm_campaign=email-post-title&isFreemail=true&r=y7h5a&triedRedirect=true&utm_medium=email 


It’s been 25 years since Israel committed an act of terror on U.S. soil against what would quickly become its full-time host proxy empire, West Israel. I no longer distinguish between the two nations. Once you see how the parasite controls the host from within, there is no point in making any effort to distinguish the host from the parasite. And so, to assume the CIA and Mossad aren’t the same is to ignore the timeline of events that has most of the world living under the criminal system of das kosher boot. Or, rather, unter dem koscheren Stiefel.

The majority of Americans still cannot fathom this simple concept of a total takeover from within, as psychological persuasion (propaganda), indoctrination, and the wonders of pharmacology have kept them on their kosher plantation, loving their masters. The takeover wouldn’t have been possible without first coopting Christianity with silly, beneficial Zionist created denominations that pervert Biblical history, and always depicting themselves as the world’s greatest victims deserving of incessant sympathy to keep their grift humming along.


Saturday, September 12, 2026

Why the Western Model Failed - Vox Popoli

 

It’s never going to work. It can’t work, anymore than communism or feminism could, because it is fundamentally at war with human nature. The idea that the English somehow discovered ideal universal rules of behavior that apply to every culture around the world was always absurd on its face.

Indeed, the idea was overtly satanic and rebellious, as it has proven to be little more than an attempt to return to Babel.

Inflated - Denninger

 https://market-ticker.org/akcs-www?post=255960 


The August CPI report, which it appears the AI trading systems all thought (after the first instant reaction) was good was in fact hideously bad.  People are claiming that "gasoline" was most of it and so says the narrative; it showed a 3.9% monthly increase.  What's not in that narrative was not up 3.9% -- it was up a stunning 10.1 percent on the month and an even-more stunning 52% cumulative 12 month change and, by the way, that was sampled well before the latest price spike this week of course!  What is that component?  Fuel oil otherwise known as diesel.

Absolutely everything you consume that has a physical component to it gets to you as a result of diesel fuel.

Yeah, it'll all be ok says Trump and whoever else.

NOT.

PS: The IRX is trading 3.882% as I post this.  That is above the 3.75% upper band of Fed Funds and the Fed does not lead the market, it follows it.  Yes, that can change before the rate decision next week but as it stands now the Fed is going to raise rates.

Thursday, September 10, 2026

How did usury stop being a sin and become respectable finance? | Aeon Essays

A banker and a theologian’ sounds like the start of a bad joke. But for David Miller it’s merely a job description. After working in finance and business for 16 years, Miller turned to theology, and received his PhD from Princeton Theological Seminary in 2003. Now he’s a professor of business ethics and the director of Princeton University’s Faith and Work Initiative, where his research focuses on Christianity, Judaism and Islam. ‘How to Succeed without Selling Your Soul’ is the students’ popular nickname for his signature course.

In 2014, Citigroup called. The bank had been battered by successive scandals and a wave of public mistrust after the financial crisis, so they wanted to hire Miller as an on-call ethicist. He agreed. Rather than admonish bankers to follow the law – an approach that Miller thinks is inadequate – he talks to them about philosophy. Surprisingly, he hasn’t found bankers and business leaders to be a tough crowd. Many confess a desire to do good. ‘Often I have lunch with an executive, and they say: “You do this God stuff?”’ Miller told me. ‘And then we spend next hour talking about ethics, purpose, meaning. So I know there’s interest.’ Miller wants people in finance to talk about ‘wisdom, whatever its source’. To ignore these traditions and thinkers, as the bulk of the industry tends to do, is equivalent to ‘putting on intellectual blinders’, he says.

Today, a banker listening to a theologian seems like a curiosity, a category error. But for most of history, this kind of dialogue was the norm. Hundreds of years ago, when modern finance arose in Europe, moneylenders moderated their behaviour in response to debates among the clergy about how to apply the Bible’s teachings to an increasingly complex economy. Lending money has long been regarded as a moral matter. So just when and how did most bankers stop seeing their work in moral terms?


Full text: https://aeon.co/essays/how-did-usury-stop-being-a-sin-and-become-respectable-finance 


Moneylending has been taboo for most of human history. So how did usury stop being a sin and become respectable finance?

Moneylending has been taboo for most of human history. So how did usury stop being a sin and become respectable finance?

Moneylending has been taboo for most of human history. So how did usury stop being a sin and become respectable finance?

Tuesday, September 8, 2026

Will Taiwan Just Give Up? - The Atlantic - (Smarter than the average American? - CL)

 The Taiwanese don’t trust Trump, and they don’t believe America will come to their defense. A deal with China is starting to look inevitable.


https://www.theatlantic.com/magazine/2026/10/trump-taiwan-sovereignty-china/688356/ 

The Inbound Market / AI Collapse - (And when it arrives....it'll be wondrous to watch....just like DaTwinTowers!! - CL)

 Call me whatever names you wish, this one is going to get very, very bad.

It will hit all of us -- every single one.  It will force realignment of multiple industries and firms, along with local and state governments.  Those who have structured around it to try to claim some sort of "prize" from it, such as tax revenues, will find themselves presiding over rotting hulks much like when the huge malls all got eviscerated due to multiple factors all converging at once: Online shopping, "youths" who simply cannot keep their hands to themselves nor control their urge to steal, police who refuse to arrest and prosecute and more.

The AI mess is much worse.  Many municipalities have been "stoked" with the idea of tax revenues from these installations, and even the President has bought into their load of crap.  Most people are unaware of how property tax works on businesses; most states and counties tax personal property held by a business (Florida does, for example) on an annual basis much like a homeowner pays property taxes on their house.  The temptation to get cute with this when someone wants to put $10 billion worth of GPUs in your town is large, quite-obviously, even though there are basically no jobs created on a permanent basis.  Oh sure, there are a lot of jobs while construction is going on but once construction is done there are only a few dozen people -- if that -- remaining on-site.  Then there's the power, water and, for many of these depending on the designs, noise consideration.

As I've pointed out I have no quarrel with data centers provided they are not cost-shifted onto everyone else -- which every developer of any project tries to do.  That's not specific to data centers, but the scale is much worse here than anywhere else, which is why it matters in this instance.......


https://market-ticker.org/akcs-www?post=255935 

.....The corrective force comes when the alleged productivity improvement promises fails to materialize; the cost doubling or five times multiple arrives as everyone can see but productivity either goes nowhere or worse, goes in the tank.

When you have a firm like NVidia which has a run rate of $250 billion of revenue per year and it puts $100 billion of off-balance sheet debt guarantees on itself in one quarter, an amount across a year that exceeds the entire revenue of the firm you have entered into the realm of promising that said firms who are the beneficiaries of said guarantees "will perform as expected."  If and when they can't the house of cards comes down -- not necessarily meaning NVidia goes bankrupt (after all they do have a very nice graphics card line) but rather all those companies who took out such debt cannot pay, they get liquidated, the value of all that equipment goes to near-zero instantly and the market prices of said firms collapse.

From this will come opportunity in that being able to buy things at 10 cents on the dollar is quite lucrative if you can use them productivity.  I ought to know -- I did it several times and it worked out really well.  But never was I out over my skis in that there was no debt that required service and deploying said things thus dropped straight to the bottom line as a lower cost of sales.

So yes, there will be joy on the horizon on the other side of all of this -- but the smiles will be on the faces of those walking on the ruins of that which first collapses, and the indications of that, and that it will come (and unfortunately is going to get a bunch of state and municipal governments too, not just private industry) is a certainty.

Trump will be known as Hoover -- or Carter -- within a few years and so will Vance if he doesn't distance himself from this bleating about rates while the government runs a 6% deficit which pegs the actual neutral rate at about 7%.  I'm certain of it because right now all players are actively inflating a bubble that has already reached unprecedented levels of insanity on valuation from which there is no possibility of growth into it down the road.  The continued refusal to put a stop to the excess demand thus crazy escalations in price along with wild-eyed and intentional depression of wages guarantees a 1930s-style outcome -- and that's if we're lucky.

These acts were stupid, they've gone on for decades and now the check is on the table.

No technology has ever come into existence that doesn't follow the pattern of "faster, cheaper and better."

Not once through history, and this will not be the first time that said reckoning will have to be faced and paid.

Saturday, September 5, 2026

Reopening Is Not Restarting: Why Gulf Oil Won’t Come Back When the Strait Does - (You can't fix SHTUPID - and REALITY is a bitch! But we did it the old fashioned way - WE FREAKING EARNED IT! - CL)

 There is a comforting assumption buried in nearly every oil forecast on the market right now: that the day the Strait of Hormuz reopens, the Persian Gulf’s missing barrels come flooding back, prices normalize, and the shock is over. A detailed engineering-and-financial model of the restart says that assumption is not merely optimistic — it is wrong by years and by trillions of dollars. The day safe passage returns is not the end of the disruption. It is Day 0 of a five-year industrial rebuild.

The market is starting from the wrong number

The first error is the baseline. Analysts leaned on a roughly 8.3 mb/d loss figure that captured a temporary rebound in Gulf production, not the full loss of marketable liquids. Corrected, the model begins with the prewar Hormuz system moving 20 mb/d of crude, condensate, products, and LPG, against barely 1.5 mb/d still trickling out today — and it separates two numbers the market keeps conflating.

The first is an 18.5 mb/d exportable-supply deficit — the market-facing shortfall, the prewar flow no longer reaching buyers. The second is a 13.5 mb/d upstream outage — the production capacity actually shut in. The five-million-barrel gap between them is the tell: it is not oil waiting in the ground, it is oil that cannot move because the processing plants, storage tanks, pipelines, terminals, and loading berths between the wellhead and the tanker are damaged or offline. Reopening the strait addresses none of it.


https://larrycjohnson.substack.com/p/reopening-is-not-restarting-why-gulf?utm_source=post-email-title&publication_id=1225061&post_id=214249520&utm_campaign=email-post-title&isFreemail=true&r=y7h5a&triedRedirect=true&utm_medium=email 

The bottom line for the market

The single most important sentence in the analysis is its warning to forecasters: any supply model that snaps Gulf barrels back the moment the strait reopens overstates prompt supply, understates the cumulative loss, and ignores the capital and industrial capacity needed to rebuild the well-to-tanker chain. The correct discipline is to count wells only after mechanical and reservoir stability, fields only after shared processing is stable, product only after specification and storage, and exports only after repeated insured liftings — one vessel movement is not a corridor.

For anyone trying to understand why the diesel and crude squeeze of the past months will not simply evaporate with a ceasefire, this is the answer. The tightness in the middle-distillate and crude markets is not a headline that clears when the shooting stops and the shipping lanes open. It is the leading edge of a multi-year structural shortfall, front-loaded into the next twelve to twenty-four months, and priced accordingly. Reopening the strait ends the blockade. It does not restart the Gulf.

When the Pumps Run Dry: The First Signs of Fuel Scarcity – Preppgroup - (And as usual - it only matters when it becomes personal! - CL)

 The driver pulls off Interstate 80 at exit 234, expecting the routine of a familiar truck stop. The digital price display is dark. A single sheet of printer paper hangs behind the glass, taped at the corners, marked in black Sharpie: NO DIESEL. The driver checks the fuel gauge—eighty miles to empty. The next station is twenty-three miles west. It is also out.

Scenes like this have multiplied across North American highways and European transport corridors with accelerating frequency throughout 2024. What began as isolated incidents during extreme weather events or supply chain disruptions has coalesced into a pattern that logistics managers, agricultural operators, and long-haul truckers now recognize as something more troubling than temporary inconvenience. Handwritten signs appearing at retail fueling points—sometimes apologetic, sometimes perfunctory, always abrupt—signal the visible surface of deeper structural transformations in the global energy system.

This analysis examines three interconnected dimensions of emerging fuel scarcity:

  • Supply Chain Disintegration and Refining Bottlenecks traces how physical production capacity has contracted under economic and environmental pressures, creating systemic fragility that manifests at the retail endpoint.
  • Geopolitical Ruptures and Strategic Reserve Depletion investigates how international conflict and policy decisions have disrupted traditional flows and eroded the buffer stocks that once cushioned consumers from supply volatility.
  • Demand Dynamics and the Specter of Rationing considers the behavioral and institutional responses to scarcity, including the potential reintroduction of allocative mechanisms not deployed in Western economies for generations.

https://preppgroup.home.blog/2026/09/02/when-the-pumps-run-dry-the-first-signs-of-fuel-scarcity/ 

As refining constraints, geopolitical tensions, and resilient demand collide, the trajectory points toward not a temporary disruption to be resolved through market adjustment but a structural transformation in the availability and distribution of liquid fuels. This will persist and intensify absent fundamental changes in either supply capacity or demand patterns.

Consider what happens when a regional shortage develops. A driver arrives at a station expecting to fill the tank. The pump is dark. A handwritten note taped to the screen says simply: “No Diesel.” The next station is ten miles away—and its pumps are empty too. This scene, once exceptional, has become routine along certain transport corridors. The driver must now calculate range against uncertainty, deviate from efficient routes to search for fuel, lose productive hours to scarcity.

For motorists, these encounters mark a shift in expectations. The assumption of reliable supply—the background condition that enabled just-in-time logistics, long-distance commuting, suburban settlement patterns—now requires revision. The infrastructure that has sustained unprecedented mobility now reveals its fragility in concrete, immediate ways.

At the refinery level, there is little reason to expect capacity to expand quickly enough to match future demand. Economic incentives do not support new construction. The regulatory environment discourages it. The workforce required to operate complex facilities is diminishing. Even if reserves are eventually rebuilt, doing so will take years rather than months. Geopolitical fragmentation shows no signs of resolving into cooperative frameworks that would restore fluid global exchange.

The result is a new operational reality in which fuel availability can no longer be taken for granted. Supply chains are no longer simply reliable conduits; they are vulnerable networks in which a disruption at one point can quickly affect another.

For the driver standing at an empty pump, the larger energy transition is no longer an abstract policy debate. It has become a practical problem: where to find the next tank of fuel, how much it will cost, and whether it will be there at all.

That may be the most important meaning of the signs appearing at fuel stations. They turn a distant systemic problem into something ordinary people can see and experience for themselves.

A Portrait of Decline - Vox Popoli

 The end of the landmark 7 UP documentary series chronicling a British generation from beginning to end.

They never sought to be stars. Indeed, many would regret ever agreeing to have their entire lives chronicled by what has often been described as the ‘greatest documentary’ ever made, one which has more than stood the test of time.

Back in 1964, television cameras revealed the lives and inner thoughts of a cross section of 14 British seven-year-olds for a series called 7 Up.

The cameras would come back every seven years, creating a genuine piece of broadcasting and social history, one which will come to an end this month.

We will finally bid farewell as those cheeky children in grainy black and white now sign off in colour as pensioners in the final series 70 Up.

Along the way, they have also charted the trajectory of post-war Britain. For it is not the original cast who have changed so much as the world around them.

The result is a powerful elegy to a generation who, at times, seem entirely removed from the entitled, ill-tempered, serially complaining 21st century society we have become…

The area was all-white when the girls first appeared aged seven. By the time Bruce is teaching there in 1984, many if not most of his pupils are Asian. Today, the borough is just 24 per cent white.

At least the people who replace the British will have some record of the culture they replaced, much like the 19th century British digging up the ruins of Roman villas.

DISCUSS ON SG


https://voxday.net/2026/09/05/a-portrait-of-decline/ 

Where's My Job? - in India! - Denninger

 In the internal data the "Information" category of workers were particularly-alarming; these are people with average gross incomes over $100,000 a year, incidentally, and they lost on both hourly wage and average weekly checks.  Looks like Kroger's announcement of moving an entire department to India (because its cheaper, of course; Kroger has zero stores in India) is not a one-off and in fact part of a trend that we refuse to put a stop to, whether its here in the United States via imports or just flat-out exporting the jobs and deleting those people from productive work (and the paying of taxes, of course.)

The big issue from a standpoint of the market is that it expected a crap headline number thus justification for no rate hikes.  Wrong.  Not on this report it isn't, and I will remind everyone once again that the issue isn't how much money you make -- it is how much, given your salary, that money buys.


https://market-ticker.org/akcs-www?post=255926 

The Hamiltonian Mirage - (But DaBoomers will die happy - they got theirs when the getting was good! - CL)

 Hamilton’s project was one of creation. Biden and Trump are trying to restore what was offshored, outsourced, and abandoned over forty years. They are addressing fundamentally different situations.

You cannot build a new system without first tearing down the old one—and the old one now holds trillions in wealth conjured from financial instruments out of nothing, backed by nothing but debt.

Modern Hamiltonian thinkers are arguing for alchemy, not growth. They believe they can turn debt into gold—rebuild factories, outcompete nations with no such burdens, and keep the world believing in the dollar—all while preserving the paper wealth that rests on nothing. It is a fantasy.

But in a deindustrialized, debt-saturated economy, tariffs and subsidies are not solutions. They are magic shows—preserving the appearance of economic health while the foundation crumbles. They raise prices for American consumers, disrupt global supply chains, and provoke retaliation from trading partners who hold trillions in American debt. In 1790, the debt was manageable because the economy was tiny and poised for explosive growth. Today’s $40 trillion debt is a crushing weight—relative to a productive base that has been systematically hollowed out.

Why do our leaders persist in this fantasy? The answer lies not in economics, but in psychology. They are not stupid—they are trapped. Hamilton’s program was a creation strategy. Theirs is a restoration strategy. Creation requires building something new. Restoration requires admitting that something was lost—and admitting loss is politically radioactive. So they dress up restoration as creation. They call tariffs “industrial policy” and subsidies “nation-building.” They invoke Hamilton’s name to give their salvage operation the dignity of a founding vision.

But salvage is not creation. And pretending otherwise does not change the condition of the wreckage.


The Unraveling

The dollar will not collapse overnight. It will unravel gradually—as central banks diversify, oil producers accept alternatives, and international trade settles in yuan, euros, or other currencies. Interest rates will rise as demand for American debt weakens. The cost of imports will climb. Inflation will accelerate. The American standard of living—sustained for decades by cheap imports financed by borrowing—will contract.

Americans, prepared for none of this, will be shocked, angry, and confused. They will look for someone to blame. But the blame lies not with any single president or party. It lies with decades of choices that privileged consumption over production, debt over investment, narrative over reality.

The question we must face is whether we are ready to be honest about what comes next.

https://www.lewrockwell.com/2026/09/no_author/the-hamiltonian-mirage/ 

An Essay on Multiculturalism, Diversity and the Destruction of Western Civilization – Paul Craig Roberts

 Multiculturalism’s advocates present their agenda in terms of enhancing diversity.  By diversity they mean more variety, not what the DEI advocates mean by the word–replacement of merit by some definition of privilege, such as race, gender, sexual preference. 

The goal of multiculturalism is miscegenation.  The result is the disappearance of diversity into a mixture born naked of a history, mores, a language, and a religion.  The abstract universalism of multiculturalism is at odds with the multifaceted reality of different cultures.   A people are rooted in an original genus.  There is a common soul that endures, and whatever the adaption through time, there is continuity.  A common history, beliefs, language unites them.  Many peoples means much diversity.  Miscegenation destroys diversity.  In its place are new people without a history.  

The agenda of miscegenation has been institutionalized in corporate advertising, in entertainment, and in literature.  White women are shown with black men.  White men are shown with Asian and Hispanic women.  What are the children?


https://paulcraigroberts.org/an-essay-on-multiculturalism-diversity-and-the-destruction-of-western-civilization/ 

The AI technology is alien to human society.  It is being imposed on us by fools who believe that their profits will rise by eliminating human labor.  The fools need to ask themselves who among the unemployed whose labor is not needed is going to buy the products of their machines?

A Way To Measure the Gyp - Eric

 



https://www.lewrockwell.com/2026/09/eric-peters/a-way-to-measure-the-gyp/