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The Climate #Crisis Has Arrived...

The climate crisis has arrived – so stop feeling guilty and start imagining your future Evidence of the devastating impacts of anthr...

Tuesday, September 6, 2016

Our Way Of Life Cannot Survive Overpopulation

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Dealing with the burgeoning human population of the planet is vital

Celebrating our July 4th this year by spending a quiet day at home, sans putting myself through the test of driving back from some far away alleged place to relax just in time to resume work tomorrow, I had my usual thoughts about the massive numbers of people we encounter everywhere these days – everywhere not just away.

Does it seem more crowded to you as you travel around the country? Just back from a weekend in the Big Apple, I found myself wondering how those millions in New York City manage to survive as well as they do. Of course the implosion of population into the cities of the world is already well studied.
Michael Collyer, a Reader in Geography at the UK’s University of Sussex in an November 2, 2015 article entitled “The world’s urban population is growing – so how can cities plan for migrants?” reported that “The world’s population is becoming increasingly urban. Sometime in 2007 is usually reckoned to be the turning point when city dwellers formed the majority of the global population for the first time in history. Today, the trend toward urbanization continues: as of 2014, it’s thought that 54% of the world’s population lives in cities – and it’s expected to reach 66% by 2050. Migration forms a significant, and often controversial, part of this urban population growth.”

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On balance Collyer sees urban migration as a positive with cities better able to handle large numbers more efficiently at close quarters. But is there any limit to numbers? Could we better handle the rise to 12 billion on the planet by 2100 from its present level of almost 8 billion? Are humans going to be better off by being crowded more and more?

A Dead Nation Walking

In my opinion, the chance of nuclear war from Neoconservative intention, miscalculation or false launch warning remains high. The provocations of US/NATO military forces and missile bases on Russia’s borders are reckless as they build tensions between nuclear powers. It is in times of tension that false warnings are believed and miscalculations occur. In the interest of life on earth, Washington should be de-escalating tensions with Russia, not building them.
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The U.S. Army Lost Track of $6.5 Trillion

Years of no oversight, bad accounting practices and crappy computer systems created this problem. And remember, this is just the Army and just its general fund. From crappy accounting procedures.

‘Stone Cold Justice’ - Israel’s Torture of Palestinian Children

Imagine a military prison where the inmates include children as young as 12, in shackles. A film which has been produced by a group of Australian journalists has sparked an international outcry against Israel after it explicitly detailed Tel Aviv's use of torture aainst Palestinian children.
Israel is becoming a divisive issue in American politics

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Chinese Buy Gold, Sell Treasury's...Should You?

China has run a $4 trillion trade surplus with the US since 2000.  So, no shock China is the largest single holder of US Treasury debt (outside of the Federal Reserve) and has accumulated nearly a trillion dollars in US Treasury debt since '00.  In total, China now holds $1.24 trillion in US Treasury bonds.

Despite China continuing to run perpetually larger trade surplus' with the US, China ceased accumulating Treasury debt (net) in July of 2011 (coincident with the US debt ceiling debate...and the peak in Gold prices) and has been net selling US Treasury debt since.

Since July 2011, China has collected $2.2 trillion in US trade surplus dollars and recycled none of them (net) into US Treasury debt.  This after China recycled 50%+ of it's trade surplus into US Treasury's over the previous 11 years.  So what has China been buying with all those dollars since 2011?  Among other things, buying an awful lot of gold.  Perhaps as much as a trillion dollars worth since July 2011...and on this ongoing gold buying, perhaps 5,000 tons but even potentially in excess of 10,000 tons, gold prices have fallen by a third!?!  Conversely, on the buyers strike in Treasury's, yields fell by a third?!?

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Typically when buyers disappear and new flow continues and existing stock is at record levels, prices fall and yields rise to entice new buyers.  However, in the case of US Treasury bonds, we are to believe that domestic sources of buying (US pensions, insurers, banks, etc.) have taken over buying since year end 2014.  Buying Treasury assets yielding far below domestics needed rates of return (essentially laddering into 0.5% to 2.5% yielding assets vs. 7.5% plan payouts)?  Where did these domestic sources get the $1 trillion without selling other asset classes?

Who Is Buying Treasury's?

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