Loading ...Roger that! Looks like he’s been dead for 10 years!
deer79
Unless there was some news…I get the impression we have serious buying under the mkt, but shorts who will not relent and keep trying to stop us mving past 4 K….as soon as the shorts back off, the mkt starts going up and every now and again the mkt ‘escapes’….only for the shorts to drive it back down….. rinse and repeat…..
ipso facto
Re Rockerfeller….If that is what Vaccines do….count me out !!!!!
Captain Hook
re yr 8.58
Tks for posting…I read this stuff years back…and met some of it’s proponents…..they ‘holidayed’ in Russia !!!!!!
It explains so much of what has gone wrong over the last 50 yrs….it is now rampant in education and the MSM……
Pop
anyone have a clue what that was all about?
Maddog
“does not look like a long term solution”
LOL No solution at all! The only real solution is to start shipping all the unemployed immigrants back from whence they came.
Would be a plus if they made a 180 on their energy policies which are deindustrializing the German state.
TA breakouts….in PM’s …share shorts will not be happy….
So now we have a serious fight…the World vs the Algo shorts…who have neither the shares or the metal……..
ipsofacto
Re Germany I don’t see how raising the retirement rate, will work out…..as How will the average Kraut, take working till 70, so yr average gimmiegrant can lie in bed all day and only get up when he feels like a bit of …well you know what their favourite past times are…..
This somehow does not look like a long term solution…..
Maddog @ 11:21
Eff the beeps and buzzers! 
iposofacto
Sory i missed yr poll…put me down as a Yes.
most everyone I meet hate new cars for those reasons.
Newest car I have is 2007 and that only bongs if you don’t put on the seat belt……rest are all silent…..in respect of the Boss !!!!!
aufever @ 10:30
LOL I guess we’re just ole fuddie duddies! 🙂
PS I don’t like all the electronic crap in new cars either. Just more stuff to go wrong or surveil you!
Buygold 6:31 American NGOs have certainly tarred the brand.
But all charities are Non-Governmental Organisations. And we’ve been stung in the past by lying, cheating charities, claiming a 20% admin fee when it was really 47%, for example. It is difficult to find a charity, whether a so-called christian charity or otherwise, that doesn’t have ridiculous overhead costs, and I haven’t looked up Open Doors at all; I simply saw an article on how they are on the frontline helping resettle Nigerian Christians after they’ve been displaced.
ipso
You are so old-fashioned and out of touch.
Wouldn’t you give up electricity and drinking water to get more information from an artifical intelligence? Don’t its creators deserve more money?
Just kidding.
I wouldn’t either.
Go ahead and drain already!
Eric Yeung 👍🚀🌕
@KingKong9888
China SGE #Silver price is above $50 USD now. SGE & SHFE #Silver vaults keep draining. Combined, they are almost below 1500 metric tonnes now.
Things are going CRITICAL!
Germans to raise retirement age to 70
Wall Street Mav
@WallStreetMav
·
12h
Germans imported millions of Muslims thinking they would be eager workers and save their pensions.
Most of them went on welfare and made it worse.
They destroyed 1,000 years of Germanic culture and wealth to prop up govt pension plans. The plan failed within less than 10 years.
aurum @ 9:28
Good to see you! As far as charitable agencies go I think it’s hard to find ones who don’t devote the lion’s share to their corporate bureaucracy!
… maybe that Open Doors organization that ferret mentioned?
Nigeria
Have not been posting as do not follow the markets now. Â However, am a lurker.
Have been trying to find a legitimate charity to help those in need in Nigeria.
Suggestions?
Poll Results
Should the USA assist the Christian people in Nigeria against the Jihadi’s?
Yes (65%, 20 Votes)
I don’t know (19%, 6 Votes)
No (16%, 5 Votes)
Total Voters: 31
AI will fail because of worldly constraints … ordinary people don’t need AI … but they need electricity and water
The Risk Of AI Isn’t Skynet
The risk that AI transitions from Servant to Master is dramatically appealing–Skynet!–but the real risks are in the mundane realms of the socio-economic order. As I explain in my new book Investing In Revolution, technological revolutions share the same dynamic: those profiting from the innovations push them pell-mell, without regard for future consequences, as the goal is to expand as quickly as possible to achieve market dominance.
This is entirely understandable, as pausing to assess potential pitfalls will effectively cede control to competitors.
Society–all of civilization that isn’t reducible to financial data–bears the consequences, but over a timespan far longer than the initial expansion of the technology. In other words, the immediate rewards of the technological revolution go to the fast-moving innovators while the broader consequences–both the benefits and the downsides–impact the socio-cultural-political realms over a much longer time frame.
This creates a time-response lag, where society must absorb and assess the consequences years or even decades after the initial expansion of the technology. The organizational tool of innovators is the corporation, a financial structure with a single goal–expand revenues and profits by any means available–and a quasi-military command-control-communications (a.k.a. 3C) hierarchy.
This structure meshes perfectly with markets, which price everything in the moment:Â markets lack mechanisms to price future consequences; they only price production, transport, currencies, materials, marketing, inventory, etc. in the present.
In contrast, society is characterized by a multitude of interests and structures in various stages of advocacy. There is no one single goal or hierarchy, and the upsides and downsides of technological changes are typically distributed very unevenly.
Those positioned to reap the rewards gain ground, those positioned to bear the brunt of negative consequences lose ground. Each will then advocate for controls or let-it-run-wild accordingly.
The American ethos favors the let-it-run-wild and pick up the pieces later approach to technological revolutions. This serves the interests of the initial innovators and speculators, who can amass great fortunes in the initial speculative frenzy to get on board. This has played out in railroads, autos, radio, TV, the Internet, and so on.
Each revolution is characterized as creative destruction the buggy whip industry is wiped out, but a larger industry is created.
Here is where correlation is confused with causation: the fact that this cycle has played out in the recent past does not make it a Law of Nature, i.e. a predictable manifestation of causation.
Which brings us to AI. AI is different: it doesn’t generate a need for more human labor as it expands, it replaces human labor. This is its implicit raison d’etre, reason to exist.
The rewards go to the initial innovators’ corporations and speculators, and the consequences fall on a society ill-prepared to assess them, much less limit them.
AI is different in another way: it generates a compelling facsimile of human characteristics and interactions, facsimiles of thought and knowledge that we take as “real” because they’re in “our language.”
But as I explain in my book Ultra-Processed Life, these facsimiles are all processed in ways we cannot discern: everything is processed in black boxes following scripts and agendas that we can’t see.
What’s presented as an accurate representation is actually an ultra-processed distillation that leaves out everything that unwieldy or unwelcome. We’re told that what’s the screen is real, but it’s not; it’s the equivalent of an orange-colored ultra-processed, sugary, salty, greasy goo being presented as a “healthy snack alternative” to a raw carrot.
What’s being lost in substituting AI’s ultra-processed facsimiles occurs beneath our perception. We don’t notice what’s been lost, and so we can no longer make a realistic assessment: that capacity has been lost.
AI is also accelerating the process of technological change, a process that’s been accelerating for 60 years. Alvin Toffler’s 1970 book Future Shock described the disorienting nature of technology-driven change, a theme updated by Douglas Rushkoff in his 2004 book, Present Shock.
Put these dynamics together and we reach this analogy: we’re children playing with matches and gasoline in a drought-stricken forest of dry deadwood. Even as the formidable resources of big-tech corporations and the state rush to secure AI supremacy, we may have it backwards: those squandering resources to build out a state-corporate Skynet “to serve humanity” are speeding our self-destruction, while those societies that limit their exposure to AI’s ultra-processed goo will emerge as the winners rather than the losers.
Just as a reminder of what’s being gambled on AI supremacy: it’s not just financial capital, it’s everything.
Authored by Charles Hugh Smith,
My new book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition) through November. Introduction (free)
You must defend yourself against aggressors … make no mistake
These Are The 20 Most Chilling Insights From Yuri Bezmenov
How the KGB’s Playbook Is Destroying the West Today
Yuri Aleksandrovich Bezmenov (1939–1993), also known as Tomas David Schuman, was a Soviet journalist and KGB operative specializing in propaganda and ideological subversion.
Ideological subversion is the process of bending a society’s perception of reality so completely that it destroys itself.
In the Cold War era, few voices pierced the veil of secrecy as profoundly as that of Yuri Bezmenov, a KGB defector whose chilling exposés on ideological subversion still resonate today. His warnings, drawn from firsthand experience in Soviet active measures, offer blueprints for destroying free societies—not through bombs, invasions or disease, but through the poisons of manipulated ideas and cultural decay.
Here are 20 of Bezmenov’s key insights.
- Ideological subversion is a long-term process, spanning 15-60 years, designed to change the perception of reality in a target nation without a need for military force.
- Only about 15% of KGB efforts focused on traditional espionage; the majority targeted psychological warfare and ideological manipulation.
- The goal is to demoralize a society by undermining its moral, educational, and cultural foundations, making people unable to recognize or defend against threats.
- Demoralization takes 15-20 years, the time needed to educate one generation with subversive ideas.
- Educational systems at all levels are key targets, turning schools into indoctrination centers that promote relativism over facts and critical thinking.
- Media infiltration sows confusion by amplifying divisive narratives and discrediting objective truth.
- Religion is attacked by portraying it as outdated or oppressive, eroding spiritual anchors and replacing them with state loyalty or nihilism.
- Family structures are weakened through promotion of individualism, divorce, and alternative lifestyles that fragment social cohesion.
- Moral relativism blurs right and wrong, leading to apathy and inability to unite against a society’s true enemies.
- History is rewritten to vilify national heroes and traditions, fostering self-doubt and guilt in the populace.
- Following demoralization, destabilization lasts 2-5 years, targeting the economy, foreign relations, and defense to create internal chaos.
- Economic sabotage widens class divides, shrinks the middle class, and breeds resentment through inflation, shortages, or inequality.
- Foreign policy is manipulated to isolate the nation, straining alliances and emboldening adversaries.
- Defense readiness erodes through budget cuts, internal divisions, or anti-military propaganda.
- The Crisis stage erupts in violence or upheaval, where a demoralized and destabilized society demands radical solutions*.
- During the crisis, people willingly surrender freedoms for promised security, paving the way for authoritarian control.
- Normalization is the final phase, where subversive changes become the “new normal,” institutionalized and irreversible.
- Opposition is silenced through censorship, marginalization, or elimination in the normalization stage.
- The process relies on “useful idiots”—well-meaning Western intellectuals, elites, activists, and leaders who unwittingly* advance societal suicide.
- Once subversion succeeds, even exposure of the truth won’t reverse it, as the population rejects facts that contradict their reprogrammed worldview.
Bezmenov’s insights resonate today for obvious reasons from our fractured educational institutions, corrupted sciences to zero trust in “experts”.
Americans must heed Yuri’s prescient warning: reclaim critical thinking, fortify culture, and reject divisive ideologies before the stages of subversion culminate in irreversible “normalization.”
Because at that point America is dead.
ferrett @ 23:52
I think the numbers of people who would “turn the other cheek” while their families are being slaughtered is miniscule. Pretty much irrelevant.
“that-sounds-like-a-traditional-western-especially-american-approach”
That’s ridiculous! To defend your family is not a western approach, it’s being human!