I think if there is a 21st century concept to be learned after the 20th century has ended it is simply this:
Flux over the top is abounding and changes will happen quicker than you might imagine. Flux is running wild.....
I'm pretty sure I could prove that if push came to shove. So it suggests, some of the "elders" stuck in the 20th century need to realize new ideas are emerging and they will manifest so rapidly during this high state of flux which is NOT sustainable - there MUST be an outcome.
The moment is upon us - you could call it a quantum moment if you want - but high flux - means change is coming with assured probability and the changes will be permanent and swift. After that, assuming we all are breathing how about we go back to some of the ideas from the 19th century that were stifled wrongly? Can you imagine that!
How bout that?
Specifically, with respect to 19th century ideas I'm thinking about Kropotkin, the Russian genius he was, as well as the "Germ Theory" versus "Terrain Theory" argument twixt Pasteur and Bechamp respectively. One could also say, some of that debate ended wrong twixt Pasteur and Bechamp informed subsequent personnel interactions betwixt lets say Tesla and Edison. In both instances, the jerk prevailed in 20th century ideology, but truly - there is no way to keep a good idea down.
Many thanks Ken, those are excellent examples of our condition. It seems that an obscure law prevails where the least effective technology always seems to win over the better counterpart - like, Betamax versus VHS, as it was in my day. I guess we could think of many examples, like the Hovercraft and Jet engine.
Britain is very good at innovation but bog-awful at commercialising it - leaving it often to Americans with their entrepreneurial (pioneering) spirit holds sway. It's the British class system that holds the Brits back but they do tend to be good with money, secret intelligence, and exploiting and robbing the 99% since they've been at it for at least 1,000 years! :-)
It seems quite clear that a power shift is underway and that we will suffer as a result. It would seem that China and Russia are looking at other countries than UK/USA/EU, eg India. It can be no coincidence that your chart shows Venezuela oil reserves at 2nd place only to the UAE and that China is getting increasingly involved in Venezuala.
From nationalinterest[dot]org: "China’s collaboration with the Maduro regime has been persistent, even when not displayed on TV screens. This is not just because of China’s need for oil; it also has to do with minerals, a sector where Venezuela is quietly expanding—with Beijing’s backing."
How much longer will the Banksters want to service our £2.5+ trillion debt bubble? Even Brent crude is selling at less ($74) than the figures you quote for Saudi etc. We are yesterday's news. ..and Hunt has a plan? Pull the other one.
Well you got reserves and you have reserves that can be accessed. They ain't the same thing.
As for oil in the ground, I got a feeling there is plenty to go around.
As for those seeking equity, diversion, and equality for all, they seem to think they can create reality just by thinking it, but the oil in the ground didn't form there overnight now did it. So, some things are real, and some are just ideas projected that have no merit.
Not only are these post-modernist ideas meritless, they are self-contradicting - as if there could be reparations paid for harm caused by our ancestors - if that is what you are thinking about - how you have been the victim, then I suspect you will not survive the flux in the air. You would be better off teaching your kids about gardening.
Strange to see the pivot from the nukes for energy and see them push the nuke technology and fusion. I get trying to modernize, but why not just say or do that upfront? If the ideas are good they should stand on their own rather than being manipulated into place.
We are pivoting from Nukes? I think not, however it is interesting that our solar farms found it too hot yesterday, to operate and as a consequence we had to start up some coal fired power stations, when the wind dropped. Good job we didn't blow them all up!
Yes, of course they should stand on their own. Every, yes every intervention of our so called government into the energy market has made a mess of it and we suffer with high costs and risk of load shedding, as a consequence.
All true, thanks Greg but from my viewpoint I see EVERY intervention of government made into a big mess because physics tell us that bloated mega-structures of any kind are far too complex to be managed effectively.
This is why commercial enterprises invoke subsidiaries and divisions - they have to return a profit whereas governments, NGOs and non-profits continually fail as is Keynesianism now. Austrian economists have a solution upon which my book is based: https://www.investopedia.com/terms/a/austrian_school.asp
I should have said Germany was moving away from nukes, at their own peril. Agree with your comment. Governments just can’t mind their own business, the always feel the need to meddle and the end result is seldom good.
A great read with some subliminal advice, is what I get from it. We need to be careful of not falling into the overcomplicated trap in our thoughts, speaking, and actions. My literature professor called it words for the sake of words. She was death on overly wordy essays and papers. I thank her for that and for you helping me to remember her.
Thanks Bert and I agree it is so difficult to explain a complex, often etherial, concept without resorting to excess wordiness. I spend hours parsing articles for my Letters in order to get to the nub of the argument - and often fail.
I read drafts lots of times, pick up typos time and again and in the final often find a few which raises my BP! I think CHS does as good-a-job as I have found, and being both systems people, we do preach from the same page.
He gets to the heart of the matter and is very accurate, my kind of guy. Sometimes my brain gets ahead of my typing skills and creates messes. Cleaning them up takes longer than the subject.
Quite so Andy, the ides for October 15 2023 are not in the USD's favour IMHO. Funny how planned financial crises tend to occur in the autumn. I haven't yet figured our why the elites favour the season; just another item on my research bucket list! I am now planning to be out of UK by mid-October at the latest - just waiting for shipping quotes so I can finish my PERT analysis and see if I can make it September if possible.
I think if there is a 21st century concept to be learned after the 20th century has ended it is simply this:
Flux over the top is abounding and changes will happen quicker than you might imagine. Flux is running wild.....
I'm pretty sure I could prove that if push came to shove. So it suggests, some of the "elders" stuck in the 20th century need to realize new ideas are emerging and they will manifest so rapidly during this high state of flux which is NOT sustainable - there MUST be an outcome.
The moment is upon us - you could call it a quantum moment if you want - but high flux - means change is coming with assured probability and the changes will be permanent and swift. After that, assuming we all are breathing how about we go back to some of the ideas from the 19th century that were stifled wrongly? Can you imagine that!
How bout that?
Specifically, with respect to 19th century ideas I'm thinking about Kropotkin, the Russian genius he was, as well as the "Germ Theory" versus "Terrain Theory" argument twixt Pasteur and Bechamp respectively. One could also say, some of that debate ended wrong twixt Pasteur and Bechamp informed subsequent personnel interactions betwixt lets say Tesla and Edison. In both instances, the jerk prevailed in 20th century ideology, but truly - there is no way to keep a good idea down.
Many thanks Ken, those are excellent examples of our condition. It seems that an obscure law prevails where the least effective technology always seems to win over the better counterpart - like, Betamax versus VHS, as it was in my day. I guess we could think of many examples, like the Hovercraft and Jet engine.
Britain is very good at innovation but bog-awful at commercialising it - leaving it often to Americans with their entrepreneurial (pioneering) spirit holds sway. It's the British class system that holds the Brits back but they do tend to be good with money, secret intelligence, and exploiting and robbing the 99% since they've been at it for at least 1,000 years! :-)
It seems quite clear that a power shift is underway and that we will suffer as a result. It would seem that China and Russia are looking at other countries than UK/USA/EU, eg India. It can be no coincidence that your chart shows Venezuela oil reserves at 2nd place only to the UAE and that China is getting increasingly involved in Venezuala.
From nationalinterest[dot]org: "China’s collaboration with the Maduro regime has been persistent, even when not displayed on TV screens. This is not just because of China’s need for oil; it also has to do with minerals, a sector where Venezuela is quietly expanding—with Beijing’s backing."
How much longer will the Banksters want to service our £2.5+ trillion debt bubble? Even Brent crude is selling at less ($74) than the figures you quote for Saudi etc. We are yesterday's news. ..and Hunt has a plan? Pull the other one.
LOL perfect examples Greg, thank you.
Well you got reserves and you have reserves that can be accessed. They ain't the same thing.
As for oil in the ground, I got a feeling there is plenty to go around.
As for those seeking equity, diversion, and equality for all, they seem to think they can create reality just by thinking it, but the oil in the ground didn't form there overnight now did it. So, some things are real, and some are just ideas projected that have no merit.
Not only are these post-modernist ideas meritless, they are self-contradicting - as if there could be reparations paid for harm caused by our ancestors - if that is what you are thinking about - how you have been the victim, then I suspect you will not survive the flux in the air. You would be better off teaching your kids about gardening.
I have done just that Ken, wisdom indeed, and all four have good gardens as they were brought up on our small-holding for 25 years.
Strange to see the pivot from the nukes for energy and see them push the nuke technology and fusion. I get trying to modernize, but why not just say or do that upfront? If the ideas are good they should stand on their own rather than being manipulated into place.
We are pivoting from Nukes? I think not, however it is interesting that our solar farms found it too hot yesterday, to operate and as a consequence we had to start up some coal fired power stations, when the wind dropped. Good job we didn't blow them all up!
Yes, of course they should stand on their own. Every, yes every intervention of our so called government into the energy market has made a mess of it and we suffer with high costs and risk of load shedding, as a consequence.
All true, thanks Greg but from my viewpoint I see EVERY intervention of government made into a big mess because physics tell us that bloated mega-structures of any kind are far too complex to be managed effectively.
This is why commercial enterprises invoke subsidiaries and divisions - they have to return a profit whereas governments, NGOs and non-profits continually fail as is Keynesianism now. Austrian economists have a solution upon which my book is based: https://www.investopedia.com/terms/a/austrian_school.asp
I should have said Germany was moving away from nukes, at their own peril. Agree with your comment. Governments just can’t mind their own business, the always feel the need to meddle and the end result is seldom good.
They can't help it Bert: http://charleshughsmith.blogspot.com/2022/05/what-happens-when-complexity-unravels.html
As Bert said, a great read thanks. Charles Hugh Smith has thought this through and I've seen it close up, in action.
A great read with some subliminal advice, is what I get from it. We need to be careful of not falling into the overcomplicated trap in our thoughts, speaking, and actions. My literature professor called it words for the sake of words. She was death on overly wordy essays and papers. I thank her for that and for you helping me to remember her.
Thanks Bert and I agree it is so difficult to explain a complex, often etherial, concept without resorting to excess wordiness. I spend hours parsing articles for my Letters in order to get to the nub of the argument - and often fail.
I read drafts lots of times, pick up typos time and again and in the final often find a few which raises my BP! I think CHS does as good-a-job as I have found, and being both systems people, we do preach from the same page.
He gets to the heart of the matter and is very accurate, my kind of guy. Sometimes my brain gets ahead of my typing skills and creates messes. Cleaning them up takes longer than the subject.
Thank Peter! The oil price fraud is just a scramble to stop the US$ collapsing completely.
Quite so Andy, the ides for October 15 2023 are not in the USD's favour IMHO. Funny how planned financial crises tend to occur in the autumn. I haven't yet figured our why the elites favour the season; just another item on my research bucket list! I am now planning to be out of UK by mid-October at the latest - just waiting for shipping quotes so I can finish my PERT analysis and see if I can make it September if possible.