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Saturday, December 21, 2024

Population rates in decline is a world problem, not one just for Japan

The population story of now: "THE COVID-19 BABY BUMP - National Bureau of Economic Research says, The 2021 baby bump is the first major reversal in declining U.S. fertility rates since 2007 and was most pronounced for first births and women under age 25, which suggests the pandemic led …"  

We’ve Had a COVID Baby Boom. Will It Last? | BU Today | Boston University

The declining birthrates in the U.S. are happening elsewhere in the world, practically everywhere except parts of Africa.   What this means is people will become more valuable. 

It means wars stop and migrations become trickles.   Countries need people to stay to support their societies.  

It means declining productivity. Fewer people to construct houses, maintain power infrastructure, do the heavy lifting.

It is a serious problem, a way larger concern than climate change. It is a way larger concern than what form of energy we are using.  

No place in the world will be immune from the sudden deficiency in numbers of people.

Thursday, December 19, 2024

A Short History of Fiat Currency Failures:

It looks familiar.

What other times have currencies collapsed? Historically speaking? This is a fundamental question. Allow me to do a google search. There are two with which I am totally familiar. The German mark of the Weimar Republic in the 1920s saw run away inflation, when it so happened to cost a couple of wheelbarrows worth of marks to buy a loaf of bread. The other currency collapse was in South Vietnam during the end of occupation by the French and the arrival of Americans to defend democracy in the world by reducing the population of Vietnam. Two currencies collapsed. The piaster, and the US dollar. Nobody saw it, but the result was the so-called oil crisis, when the price went from $2USD per barrel to $40USD a barrel. That sound like a currency collapse to anybody else? Anyway. They are ugly events. Currency games.

9 Currencies That Have Collapsed https://hardmoneyhistory.com/history-of-fiat-currency-failures/ 

 The point is, history is something often seen to be repeating. Is it going to happen now? Is currency collapsing? A world currency of considerable dominance since post-World War II, for idiots that is 1945. 

 I suspect a guy like Elon Musk can arrive on a scene and stop entropy in a nation, and a world. Let's say it's been done. Churchill stopped Hitler. That is an example. 

 Can Elon Musk single handedly stop a runaway train? Like Superman, or Spiderman when it's a urban transportation train. Good question. I feel like answering it. Yes. He can. Because he can add things like trillions, and subtract them. So we're gonna see a miracle. Like a movie. 

 AS SEEN ON TWITTER:

The consensus in Canadian journalism is Trudeau is delusional

Monday, December 16, 2024

BC Salmon Farmers Concerned About Fiscal Update:

Reckless Policy Decisions Compound an Expected Dire Fiscal Forecast 

Liǧʷiłdaxʷ TERRITORY/CAMPBELL RIVER, BC -- December 16, 2004 -- The BC Salmon Farmers Association (BCSFA), representing thousands of workers across British Columbia, is deeply concerned about the grim picture painted by the resignation of Deputy Prime Minister Freeland from the Trudeau government today. 

The government's reckless actions exacerbate our ballooning debt and stagnant economy as Canadians face rising living costs, higher food prices, and a weakening Canadian dollar. The estimated $9 billion taxpayer-funded cost of phasing out the BC salmon farming sector is another example of costly political gimmicks over sound economic policy. 

Despite clear scientific evidence, the decision to ban current marine net-pen salmon farming in British Columbia by 2029 is driven by political motivations rather than long-term, responsible planning. This policy ignores the real-world consequences for thousands of workers, First Nation communities, and the broader economy.  

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