and the clear signs of economic meltdown, not one party in Japan has said/will say we need to cut spending, impose austerity. The usual policy implemented in the West. Pascal says they were all about how to spend effectively in the circumstances maintaining the basic service deemed essential to a functioning society. Water will not be an ''asset'' to monetize (Nestle's CEO's musing which became a reality) https://www.youtube.com/watch?v=-2rXNXiuFfo They talk about ''Eastern culture '' countries having this ethos which recognises the duty of the state to meet the basic needs of its people. Iran is the same - transportation, health services are seen as a duty of the state to provide. There are rich people but the state does not put further enriching the wealthy/protecting their wealth at the core of what they do.
For the group given the title "Rumors of Economic Trouble Ahead" and the impact this war is having on energy i.e. gas and oil. The latest drop from Gail Tvertberg at "Our Finite Resources" and she gives a view of why affordability, not scarcity is the real energy crisis. I invite the group to read if they are interested:
Yes affordability is the issue economically. More analysts are starting to say now that if the increased costs for energy continue to be passed along to consumers that will result in a deflationary bust (recession or depression) due to a crash in demand after a period of increased commodity prices. Case in point:
But if something is available naturally in abundance but it is difficult or expensive to extract, refine, or deliver (for whatever reasons) doesn't that in the end contribute to its effective supply and pricing? The author's argument seems like a false dichotomy in that respect.
Hey Donald, do you still believe that being notorious, being the GOAT is in your future. You're going to take ALL OF THE BLAME, the little good you achieved will be forgotten. ScapeGOAT .
Things on my mind in this area:
-the AI bomb
-the energy crisis
-the petrodollar issues
Anyone one of these hitting will cause damage to the economy to various degrees.
What if the one that hits is bad?
What if two hit?
All three?
Are we going to see Covid style lockdown measures installed?
Work from home?
Drive on certain days?
Food rationing?
Even crazier inflation?
Ed Dowd recently chimed in on Japan as well:
https://eddowdbeyondthenarrative.substack.com/p/the-us-monetary-authority-yen-intervention?r=8x5hj&utm_medium=ios
Despite the manipulation by the US re: the Yen,
and the clear signs of economic meltdown, not one party in Japan has said/will say we need to cut spending, impose austerity. The usual policy implemented in the West. Pascal says they were all about how to spend effectively in the circumstances maintaining the basic service deemed essential to a functioning society. Water will not be an ''asset'' to monetize (Nestle's CEO's musing which became a reality) https://www.youtube.com/watch?v=-2rXNXiuFfo They talk about ''Eastern culture '' countries having this ethos which recognises the duty of the state to meet the basic needs of its people. Iran is the same - transportation, health services are seen as a duty of the state to provide. There are rich people but the state does not put further enriching the wealthy/protecting their wealth at the core of what they do.
.
Trump specifies he is taking Billions from Venezuela
plans it for Iran
do not see any reason he would not take from Saudi Arabia
In Venezuela The Colonization Is Complete
Video Attached
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https://x.com/eUnwelcome/status/2085136104089346167?s=20
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For the group given the title "Rumors of Economic Trouble Ahead" and the impact this war is having on energy i.e. gas and oil. The latest drop from Gail Tvertberg at "Our Finite Resources" and she gives a view of why affordability, not scarcity is the real energy crisis. I invite the group to read if they are interested:
https://ourfiniteworld.com/2026/08/05/affordability-not-scarcity-is-the-real-energy-crisis/
Note: I have only partially read, but hope to finish it later today.
Yes affordability is the issue economically. More analysts are starting to say now that if the increased costs for energy continue to be passed along to consumers that will result in a deflationary bust (recession or depression) due to a crash in demand after a period of increased commodity prices. Case in point:
https://adamtaggart.substack.com/p/this-will-end-in-a-deflationary-depression
But if something is available naturally in abundance but it is difficult or expensive to extract, refine, or deliver (for whatever reasons) doesn't that in the end contribute to its effective supply and pricing? The author's argument seems like a false dichotomy in that respect.
Desperate situation: https://www.youtube.com/watch?v=lY0tRulsFHo House of El: ''America has successfully reached the financial tier of a mid20s guy who maxed out five
credit cards to buy a jet ski and is now taking out a six credit card just to pay the minimum monthly interest on the
first five. That is the backdrop. That is the economy whose Treasury Secretary just raided Europe's currency reserves
to buy 12 hours of stability in the Japanese yen market.'' Of course, it hasn't worked - his Euro raid hasn't gone unnoticed.
Hey Donald, do you still believe that being notorious, being the GOAT is in your future. You're going to take ALL OF THE BLAME, the little good you achieved will be forgotten. ScapeGOAT .
That final comment, by Nawfal, reads like a U.S. House of Representatives' Impeachment Document, of POTUS.