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Tag Archives: Doomsday scenarios

The Agribusiness Alliance for a Green Revolution Failed Africa

Yves here. Agriculture/food sustainability expert Tim Wise speaks to Lynn Fries on how the promise that “modern,” as in “green revolution” or Big Ag approaches would revolutionize food production in poor nations and reduce hunger. Revolutionize they sure did, but not in the way they promised, in terms of results. As Wise explains, this push to displace small farmers and traditional practices hasn’t simply enriched foreign business interests. It has increased hunger. By Lynn Fries. Originally...

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Spike in Energy Prices Suggests That Sharp Changes Are Ahead

Yves here. Leroy R recommended the last Gail Tverberg piece, where she broadens out from her usual focus on energy to the issues of complexity and collapse. I decided to repost it because it’s meaty and thus likely to provoke a good discussion. That said, while I agree completely with her overview statement, that the trend towards complexity has gone too far, I have to beg to differ with her in making energy a central driver. What has made the increase in “complexity” destabilizing is that it...

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Officials Double Down on “Let ‘Er Rip” Strategy, Placing Undue Faith in Vaccines as Regions With High Vaccinations Suffer Infection Spikes

Again and again, all over the world, we’ve seen public health officials all too willing to relax Covid restrictions too early, resulting in an eventual spike in infections and hospitalizations. As we’ll explain, regulators are repeating the same experiment and expecting different outcomes, The classic example was the May CDC “Mission Accomplished” policy change of telling the fully vaccinated they could go about unmasked, even as Delta had become the dominant strain, had viral loads 1000x...

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Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed. And That’s Not the Worst

Yves here. We’ve pointed out from time to time with respect to China that no large economy has ever made the transition from being investment-led to consumption-led without suffering a financial crisis. Here, short-seller Jim Chanos, who has been too early with respect to China longer than Nouriel Roubini was with respect to the global financial crisis, argues that the Chinese real estate bubble has gotten so out of hand despite repeated efforts by the government to let air out of it that bad...

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Swimming With Sharks in the Maldives

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. I’m currently holed up in our place in Brooklyn and missing my former pre-Covid peripatetic life very much. Yet I’m far from unique in this regard. A piece in Friday’s Guardian made me feel very wistful, These Maldives islanders once saw sharks as the threat. Now they fear the plasti. I learned to dive in the Maldives, earning my PADI certificates:...

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Supply Chain Crisis; A Brooklyn View

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Lots of recent sturm und drang regarding the global supply chain crisis.. These problems have yet to hit us, although I suppose it might be prudent to stock up on toilet papa= I continue to plow my small furrow, on the essential issues – food, basically. Which means what  buy from the NYC greenmarket, supplemented local store.s As topped up by...

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In 2021, US on Pace for Most Billion-Dollar Weather Disasters Since Records Began

By Kenny Stancil, staff writer at Common Dreams. Originally published at Common Dreams The National Oceanic and Atmospheric Administration announced Tuesday in its latest monthly report that the United States endured 18 “billion-dollar weather and climate disasters” through the first nine months of 2021, putting this year on pace to be among the worst for such catastrophes. For decades, scientists have sounded the alarm that extreme weather would become more frequent and intense amid the...

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Vaccine-Only Mandates as a Manifestation of the Bizarre Civil War-Stoking Impulses of the Professional-Managerial Class in the US

Never in my worst nightmares did I imagine I would ever want Bernanke and Geithner back in charge. Yes, vast swathes of the public at least dimly recognized that the financial crisis bailouts were designed to preserve the banking system at their expense. Yes, no executives went to jail or even had their feathers ruffled. Yes, the Fed, the Treasury, and central bankers all over the world refused to believe that the derivatives-leveraged debt bomb was aimed at the heart of the financial system,...

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It Isn’t Over When The Fat Lady Sings – The First Russian Strategic Assessment of the Australia-UK-US (Aukus) Submarine Deal

Yves here. This post, which consists largely of the translation of an article in a top Russian strategy publication, provides useful detail on Chinese submarine capacity and prospects. By John Helmer, the longest continuously serving foreign correspondent in Russia, and the only western journalist to direct his own bureau independent of single national or commercial ties. Helmer has also been a professor of political science, and an advisor to government heads in Greece, the United States,...

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Can the Economy Afford NOT To Fight Climate Change?

Yves here. If humans are fortunate enough merely to suffer a Jackpot rather than a full-bore collapse, perhaps future historians will try to make sense of why individuals and governments did pretty much squat to prevent climate change even when they recognized it really was well underway and would produce very bad outcomes. I imagine that one of those things that they will find unfathomable, being on the other side of the climate disaster, is the ability to rationalize inaction. A big aid in...

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