America a Failed State and a Rogue State to the rest of the World

[kahuna1]

Are you saying the uv treatment causes cancer?

That's not exactly true.

UV light breaks the DNA bonds and is a leading cause of cancer. Then again, for some, science is not valid. Not about to debate Trumps light idea with a straight face.

Perspective ....

USA has lost total control over CV19 ...
Colorado which has a mid range for USA CV19 ... issue. Democrat governor ... about 5,000 cases every 10 days ... about 22% of Australia so .... 22,000 MORE cases every 10 days to compare to Australia ... or 3 times as many as we have in total ... that's every 10 days, that they identify.

This restaurant as are many in the USA ... opening up ... social distancing out the window ... this one in a GOP dominant area ... lots of guns on show at a restaurant ?

Happy mothers day idiots !!



If you have a minority, even say 20% who dont care, dont believe in science and being encouraged from the top, to ignore it ... go back to work and accept the cost. Sadly, these morons more likely get infected, infect others, go visit grandma at the nursing home, infect her, infect all those around her and on and one this goes. Go to work, infect others and well ... stupidity should never be under estimated.

Astounding is where USA is right now.

Trump just broke a new record. In 60 minutes he did 52 tweets, a mixture of bile, hate, conspiracy theories and racial slurs.

Bravo !!

 

[moXJO]

UV light breaks the DNA bonds and is a leading cause of cancer. Then again, for some, science is not valid. Not about to debate Trumps light idea with a straight face.

Perspective ....

USA has lost total control over CV19 ...
Colorado which has a mid range for USA CV19 ... issue. Democrat governor ... about 5,000 cases every 10 days ... about 22% of Australia so .... 22,000 MORE cases every 10 days to compare to Australia ... or 3 times as many as we have in total ...

This restaurant as are many in the USA ... opening up ... social distancing out the window ... this one in a GOP dominant area ... lots of guns on show at a restaurant ?

Happy mothers day idiots !!



If you have a minority, even say 20% who dont care, dont believe in science and being encouraged from the top, to ignore it ... go back to work and accept the cost. Sadly, these morons more likely get infected, infect others, go visit grandma at the nursing home, infect her, infect all those around her and on and one this goes.

Astounding is where USA is right now.

Trump just broke a new record. In 60 minutes he did 52 tweets, a mixture of bile, hate, conspiracy theories and racial slurs.

Bravo !!

UVB phototherapy was shown to be safe. There were a few studies showing it was safe and the risk minimal. At least for psoriasis.

 

[moXJO]

Sweden is doing the same thing. Probably without the idiotic "rah rah" but still. Herd immunity.
Realistically are we really going to get a vaccine for coronavirus?

 

[moXJO]

Kahuna, you are one of if not the most informative members here.
Which is another reason to be thankful to trump. You post more.

There's some gems in some of your posts. Always gets me thinking.

 

[Knobby22]

Sweden is doing the same thing. Probably without the idiotic "rah rah" but still. Herd immunity.
Realistically are we really going to get a vaccine for coronavirus?

The USA is obviously now going for herd immunity, if that is possible.

I agree, a vaccine may not work, they desperately need a treatment though, which may come soon.

It will be difficult otherwise. Probably 1 in 150 dying.

The post following shows the depth of the problem and as you are aware so far only about 1/6th of the population in New York has caught it. Also you don't often get counted in the stats if you are poor, in nursing homes or an illegal citizen.
https://www.thestreet.com/mishtalk/economics/over-1-out-of-every-1000-people-in-ny-and-nj-die-from-covid-19

Also if you look at Florida the Governor has rigged the system so you are not in the stats if you die in a hospital but your heart fails, it is marked as a heart attack. If you want a hint of the total additional deaths you should look at the overall death statistics and note the rise above the normal death rate.

 

[kahuna1]

Direct DNA damage can occur when DNA directly absorbs a UVB photon, or for numerous other reasons. UVB light causes thymine base pairs next to each other in genetic sequences to bond together into pyrimidine dimers, a disruption in the strand, which reproductive enzymes cannot copy. ... thymine dimers.

https://www.nature.com/scitable/blog/scibytes/how_ultraviolet_light_reacts_in/

Or this ..
https://www.sciencedirect.com/science/article/pii/S0891584917300382

or this ...
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3010660/

Enuf ...

To be seriously unaware of skin cancer ? In 2020 .... remove the skin, and its protection and do your blood directly ?

Yep Trump is my new hero !!

Ultraviolet (UV) light kills cells by damaging their DNA.
https://www.scientificamerican.com/article/how-does-ultraviolet-ligh/

I think there may be 1,000 plus studies ... sceintific peer reviewed ones that show the effect not only on skin, but blood ... its even worse.

Far out.

 

[aus_trader]

1. Would you wish to live in Venezuela? I know I wouldn't, simply because life there is miserable. It is miserable because their currency has/is collapsing.

No I wouldn't. And I agree that it affects the everyday life when the country's currency is being devalued so much. These pictures don't need any further explanation:





I left the best for the last, especially for all the local toilet paper hoarders. Bring a truck load, if you were in Venezuela before hoarding stacks of toilet rolls

 

[moXJO]

Direct DNA damage can occur when DNA directly absorbs a UVB photon, or for numerous other reasons. UVB light causes thymine base pairs next to each other in genetic sequences to bond together into pyrimidine dimers, a disruption in the strand, which reproductive enzymes cannot copy. ... thymine dimers.

https://www.nature.com/scitable/blog/scibytes/how_ultraviolet_light_reacts_in/

Or this ..
https://www.sciencedirect.com/science/article/pii/S0891584917300382

or this ...
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3010660/

Enuf ...

To be seriously unaware of skin cancer ? In 2020 .... remove the skin, and its protection and do your blood directly ?

Yep Trump is my new hero !!

Ultraviolet (UV) light kills cells by damaging their DNA.
https://www.scientificamerican.com/article/how-does-ultraviolet-ligh/

I think there may be 1,000 plus studies ... sceintific peer reviewed ones that show the effect not only on skin, but blood ... its even worse.

Far out.

I'm aware of skin cancer. I wasn't aware that the doctor was using literally shining the sun on you during treatment.
There are safe levels you can use.

Are you sure you should be calling trump stupid after the above post.

 

[kahuna1]

Bzzz ..... bzzz....

I hear a buzzing noise.

Venezuela ... as one who knows anything about oil .... not a pleasant place under the regime.
That USA now is the worlds largest oil producer, but at a cost, $60- a barrel for that shale oil and tar sands ... how does one keep the price of oil supported ?

Well ... lets invade Libya or get the NATO to do it ... nope that didn't work.

Lets tear up the Iran nuclear deal that was being supervised and all 30 plus nations thought it was OK but USA did not ... so take out another oil supplier.

Didn't work well enough, still too much supply.

Lets put embargo's on Venezuela at the behest of the Koch family. Lets also seize ... their money assets and well ... all else.

Iran and Venezuela if one includes non tradition oil such as tar sands for the latter are the two largest oil reserve nations on the planet.

Why are the Koch family involved ? Well they did have an asset there that they lost, via the regime making life hard, and Koch industries has a large refinery that is one of the very few that can process a heavy sour type of oil that it produces.

I am sure that buzzing noise missed all that ... background regarding their currency.
Like many nations, USD is the currency that evolves in these times. There was NO humanitarian crisis prior to the USA embargo's and basically strangling the nation by cutting off its main export.

I would lastly add, Bay of Pigs where the USA and CIA turned a blind eye to an stupid invasion of Cuba, well if you follow the news some idiot USA backed mercenary group got caught trying to topple the government there and one of the Ex Special Forces soldiers claimed he was doing so with Trumps approval and knowledge.

Unknown as to that.

USA is however enforcing a naval blockade around Venezuela right now so the chance of a boat full of soldiers getting close to shore is well ... zero.

Not going to bother with reading that buzzing noises latest theory as to why ... their currency is in the toilet.Of course it is.

Opinions vary .... the embargo is real as are the USA actions ... USA froze their assets then is in the process of stealing them bit by bit and the nation, well ... is left ... destroyed.

USA has basically done this to most South American nations time and time again. Iran Contra deal ... was a classic and selling weapons to awful monsters actually got one of them jailed for war crimes, the USA well ... its role ... is another story. USA just stopped being a member of the international community and ignoring any and all actions by the body that prosecuted Nazi people and for 70 years since then.

USA is above war crimes and Trump actually pardoned several ones, who acted that badly the USA itself had jailed them.

Bzzzz.... my ignore button kind of works.

 

[satanoperca]

@kahuna1 if you would partake in a constructive exercise using your knowledge and wisdom, it would be beneficial to me and I am sure other contributors to this forum.

Given you have shown/present facts that are far from positive, I ask you this.

If the USA is doomed and China cannot be trusted, what are we humans to do with this planet earth, so all inhabitants can have the most rewarding lives?

If you had a magic wand, what would you change?

How would you create or initiate a fair currency/trading of goods?

 

[kahuna1]

The USA is not doomed.

It merely needs to change to more represent the needs of the many, not the few.

China and USA and even Australia are not perfect. We here support the USA in Yemen and many other places that, well we should have said NO thanks.

Nothing is perfect, no goverment perfect. USA however has, strayed so far that its absurd not to call it a regime. A pandemic and the bailout goes to the top end ? Now the others are doing it tough and Trump says he wants a capital gains tax cut for the rich before he bails them out ? Only people with assets benefit as did the 90 billion tax cut for real estate assets in the first 2.2 trillion bailout.

Pandemic issues, with unlimited funds to support stocks ... of course the USA stocks look ok, for now.

Going back to work when USA testing is producing 5 times more positives than Germany or 100 times our own ?

Not a place that has any interests in the people.
I would prefer cretins like Gates to be paying tax at 35% not zero, much like Bezos and Buffet similar low 10% sort of levels.

Trade, China and so on. China is no saint. USA is not one either.

Both and all nations should and do act for their own interests. In the case of the USA its life expectancy has lost close to 10 years verses EU nations in 40 years, China has doubled its life expectancy.

Trade ... well ... it suited to basically outsource call centers , manufacturing and virtually everything they could. Good for business, profits and we ... adapt as well as we can.

Supply lines and ... some are very worrying right now. Pharmaceuticals China is a massive producer and if it were to say NO ... golly ... there would be some serious disruption.

Trade, is symbiotic as are societies and cities, Mutual defense and services and so on. USA has by recent actions shown in trade it is utterly unreliable and as such China responded with all computers and software must be Chinese made by 2024. Not many seem to be aware of this.

Reliance ... too much on any one source as an exporter or import ... is ... well in this environment not wise. So far under Trump he has threatened over 100 nations including Australia with actions. Tariffs embargoes and so on. That's 100 out of 200 nations.

China, well ... not a fan either. Since it just did a dirty on Australian Barley and then followed with meat, I would love the ability to tell both the USA and China to get nicked.

We cant. We rely to some extent on USA defense but I believe we should diversify that and leave the USA and its USA first policy to itself and form closer ties with others. EU and UK spring to mind.

China just sent via their party Newspaper today a clear reason why and its about Australia parroting the USA and anti China stuff along with, our actions whilst a pandemic is going on in the South China Sea which has Australian Navy ships with the USA, which annoys them.

Chinese actions and threats and USA threats of the past equally annoy me !!

China and our reliance upon them as an export destination and Chinese tourist and students are, like it or not a massive factor in our economy. No easy answer with this one. A fine line between following a madman ... as in Emperor Trump and not being influenced or dictated to by China.

We have our own interests and should tell both of them to bugger off !!

My motivation for this thread, was virus inspired.
It brings me great sadness that this virus has become a political tool.

Right now a green light is flashing for USA to go back to work. I suspect most if not all can see there is a massive disparity with where the USA is right now and how they have acted.

Of course opinions vary, but USA actions to date have been appalling. The level of " Gaslighting" is extreme. Gaslighting where one deliberately messes with your perceptions until you have no idea what is up, or is down. All for a goal that, well ... is your own. USA is giving a total green light and all is safe, when, other nations are even at 10% of the positive rate of infections urging extreme caution.

Sadly, even the numbers, the media and all ... is mixed up in the mess and humans, mainly black and brown ones in the USA hit hardest of all.

There you go, I have no solution other than a request for all it matters that Australia grow a set of balls.

We further need to examine our relationship to BOTH China and USA and then act with Australian interests paramount. Some shifting of production back to Australia and a little better warehousing of stuff. We however have done very well during this crisis.

I do fear, Trump ... and 2020. I did so prior to the virus and his racists tropes are becoming more erratic.

Sadly, possibly ... it will become an aside. China is clearly signalling its had enough if you read the Chinese party paper, their mouthpiece. One cannot deal with someone like Trump, nor I might add can we accept Chinese actions towards Australia. They no longer are threats.China has taken action, I suggest NO tit for tat, but, a very clear long term distancing from them .... over time. Until we dont rely so much on their trade or tourists.

Firm and extreme action is the only answer which may involve, painful changes short term for the longer term good. Something the USA ... does not even begin to comprehend the needs of the many.

It is not acceptable what China just did. It is also equally not acceptable what USA is doing in many nations right now and we are, well ... not giving a bugger. That they are about to execute 250,000 of their people, our allies ... needlessly is sadly evident.

All so Mr Trump can get the stock market higher ? That 250,000 number is a minimum end of 2020 number for USA and its likely higher. If it acted quicker, which it did not, if it tested .... or locked down for longer ... avoidable on the main.

No answers, just resigned disgust and a lot of sadness.
Our bestie NZ will act for its own interests, each nation will ... but when it does it. USA, using corpses ... of its own people and in vast numbers I draw the line of not saying your a monster.

USA is sadly a genocidal monster which is clear to most of the World right now.

 

[satanoperca]

@kahuna1 you are fired for not providing a simple, constructive response to the question.

No more reality TV for you.

 

[kahuna1]

If you had a magic wand, what would you change?

Done ....

Cant answer a complex answer in 3 words. As always I used more.
I have no wand ... and cannot change a thing.

I accept this. Please put me on ignore if I annoy you.

As I said ... DONE and whilst not a wand, it works.

 

[ducati916]

1. Whilst I annoy people with strongly held beliefs, I could still be debating the gent about printing money and his quaint view on the topic when I already provided sufficient factual evidence on the topic.

2. Putting it clearer, below is the USA fed cash issued and whilst its DOUBLE 2000 levels so too is the GDP in dollar terms. So of course ... there is more cash on issue than 2000 .... derr ... the GDP was 9 trillion verses 22 trillion. Cash on issue is just over this .... close to 3 times verses 2.5 times ....

View attachment 103396

https://fred.stlouisfed.org/series/CURRCIR

3. I am sure ... I could have gone round and round and round and round with the gent and his opinion.
Possibly still will occur. He still seems to think I am of the opinion were the USA just to print money the currency would not crash ... when I said the opposite.

4. There is of course MORE USA cash on issue than is accounted for the GDP rising from 9 trillion to 22 trillion in dollar terms ... so if you wished to postulate ones theory, still ... one could. The over and above increase is, well ... again easily taken care of.

5. What occurred post 2000 ? Well the USA took upon itself to invade 7 or so nations and their currency became mere confetti and USD and dollars took over as the main and preferred medium of exchange accounting for about 300 billion or so more USD in currency to be in circulation in those regions such as Iraq, Afghanistan, Libya and Syria.

Either way, 300 billion verses a 22 trillion economy excess dollars issued is, well ... under 1.5% over 20 years so,to me, immaterial. I am not going to debate it ... as that would be silly.

6. Other things pointed out about me, and whatever .... seriously ? Really ? Truly ?

7. If I annoy you, upset you ... please ignore me, because with a healthy self respect, I will and do bite back when boundaries are abused.

So I was informed by a third party that this argument had been reignited.

The thing is Mr Kahuna didn't 'reply' to one of my posts. Mr Kahuna didn't link my name in his post. Mr Kahuna didn't PM me and say, hey Mr Duc, I'm responding with further argument.

No. What Mr Kahuna did was wait a few days while the initial argument died and then tried to sneak in the argument. Well it would have worked because I don't generally follow this thread, but unfortunately for Mr Kahuna, someone alerted me to the thread.

So:


1. You have provided zero factual evidence. You have provided screeds of opinion unsubstantiated by any facts. If you disagree, return to your past postings and screenshot your factual evidence. I will then ensure that I respond to it. Please don't bother with the video. I watched it and responded to it with two time references, which went without any response from yourself. By all means respond to my two time references.

2. You make reference to cash in circulation post 2000 is almost x2. You also state that GDP is higher. What is actually your argument? In those sentences, there is actually no proposition at all. How can anybody respond to an argument when there is no argument expressed?

The argument that I think you are trying to put forward is this: (a) if the economy grows as measured by GDP, then you would expect cash in circulation to also grow. There are 2 answers to this proposition:

(a) GDP = C + G + I + NX. Where 'C' = consumption, 'G' = government spending. 'G' is the important one as far as this discussion goes: G is 'Fiscal Policy'. If tax revenues are below government spending (Fiscal Policy) then government needs to make up the shortfall through (i) debt. That debt can be monetised by the Federal Reserve. That accounts for the increase in cash in circulation. Which simply reinforces my argument and negates yours.

(b) This moves into economic theory and for the purposes of this thread is unnecessary.

3. Incorrect. I made your opinion very clear:



When a currency 'implodes' it collapses in upon itself. It becomes worthless. This meaning is reinforced one sentence later when you state"

"...but to create money out of thin air would cause a currency collapse..."

So now I think that you hid this post so that you could simply lie and misquote me. Tsk, tsk.

It is clear that the money supply can be expanded materially without any (or few) serious consequences to government. Which is why your position is incorrect.

4. See point [2] above.

5. What relevance does this have to the argument being put forward? Probably little to none. However I will wait to see if this is expanded upon.

6. I don't make personal comments. If I did, find it and you will have an apology.

7. Just ensure going forward that I am aware of your continuing participation by one of the available means made available. I have no issues whatsoever with regard to how you choose to respond.

jog on
duc

 

[kahuna1]

Morning ... buzzing seems louder ...

My screen is broken and it seems stocks actually went down. Fauci it seems has been let off the leash.

Possibly for today I could have a discussion with a wall .... foaming at the mouth in the corners and bleating about how they are right on something. Maybe Trump or his new press secretary who promised not to lie and then did so 12 seconds latter.

If a person does not understand when GDP of a nation rises from 9 trillion to 22 trillion, and the cash it has on issue rises accordingly ... as one would expect, then comes back claiming to not understand, its besides the point even going further. Are you kidding ? Clearly cash on issue has NOT risen ... beyond growth in underlying GPD .... the opposite to what you postulate and your kooky theory is just that. Silly !!

Seems also I must remember to send flowers, or PM's .... or whatever ... it seems I have forgotten and it was only mothers day recently. I am not your friend, nor wish to be. I will never meet you and clearly your the type, one that I find, painful at best. Were you a lawyer ? A desire and demand to always be right ? Clearly not a trader as is my background and an investor ... such tightly held opinions make terrible traders and not much better investors.

Sigh. Have no interest in going round and round and round and round. Provided links, two professors and well ... since your strongly held opinions are the opposite of three experts I provided, two of whom are professors, and your view is that no evidence was provided ??

Whatever ....

Please start a thread on MMT and your pet theory.
I am sure I will contribute.

Must run ... have to listen to what the man with the Orange Hair and white crusts at the corners of his mouth has said today. He seems to be making more sense today !!

 

[Humid]

No I wouldn't. And I agree that it affects the everyday life when the country's currency is being devalued so much. These pictures don't need any further explanation:

View attachment 103405

View attachment 103406

I left the best for the last, especially for all the local toilet paper hoarders. Bring a truck load, if you were in Venezuela before hoarding stacks of toilet rolls

View attachment 103408

Trouble is the rich can use all 3 for sanitary needs

 

[kahuna1]

Three members of the White House coronavirus task force will self-quarantine after possibly being exposed to the coronavirus.

Pence’s press secretary tested positive for coronavirus


Pence will not self-quarantine after his press secretary tested positive because he “has tested negative every single day.”

Does gross stupidity make you immune ?

The White House encouraged staffers to come into the office, including the aides who travel with Trump and Pence.

The White House directed most officials – but not Trump – to wear masks at all times inside the building except when sitting at their desks.

Sadly many African Americans are being shot or arrested for wearing said masks.

The Trump administration cut funding for coronavirus researcher, jeopardizing possible COVID-19 vaccine.

This was after a news blitz on Fox News which is running the USA right now.

Trump spent Mother’s Day sending 126 tweets, retweets, and quote-tweets about the Russia investigations by the FBI and the House Intelligence Committee. Falling just 16 short of the single-day posting record he set during his impeachment trial in January

As previously mentioned a record 52 tweets in 60 minutes all whining about anything other than pertinent facts. Only 79 million devoted twitter followers.

The Trump administration is moving to expand immigration restrictions, believing that the public is willing to accept new limits on immigration during the pandemic.

Trump went into a rant about Chinese to a female reporter born in China and then stormed out of a press gathering whilst unable to answer the question. This was his response, ban all non white immigrants. I am sure this will help cure the pandemic.

The director of the federal agency responsible for developing a coronavirus vaccine was removed after pressing for rigorous vetting of chloroquine and hydroxychloroquine to treat the coronavirus,

What he said about another cures or vaccines being touted by Trump is worse. A vaccine being developed by a company that never had a drug licensed let alone a vaccine. Another supposed cure that had a trial that was so pathetic it was a joke. No vetting for bleach type substances for the USA … your fired.

Senate Republicans are preparing for a swift confirmation process if a vacancy on the Supreme Court opens up before the November election.

Senate leader actually has put up a 37 year old family friend for al lifetime appointment to the courts. Trump and his cult have permanently altered USA justice system with ultra far right anti gay, anti abortion, drip down economic judges ensure Trump and his legacy will last decades.



I understand the following gent is their pick for the supreme court if an opening come up. He does use legal terminology so so … well.







This is just a taste of SOME of the things going on over the last 2 days prior to yesterday.

In any normal pre Trump era, most would make headlines for weeks if not months.

This is the USA new normal.

Overnight obviously this bubble is being pricked despite the extreme gas-lighting about the virus and its safe to go back to work and all will be well.

What occurred on the 12th May 2020, USA time … overnight needs its own post.

Obviously its NOT Sunday so reported deaths are double that fictional break in the week …. at this stage 1,500 plus and 20,000 plus new cases.

Sigh … need to highlight how … well pathetic this failed state response is and mind boggling overnight events. NO not Dr Fauci who is self quarantining whilst VP Pence goes to work. He already sidelined, I suspect has given up being politically correct because he knows, as awful as USA reported total deaths at over 80k likely 100 k or more, will TRIPLE at best by end of 2020.

That's 250k at best by year end and possibly 500k given the Trump regime message. Dr Fauci I have been critical of due to his clear understanding of the threat since early January 2020, seems possibly to have gone, bugger it. I am 79 and I have had enough dealing with imbeciles ? If he gets fired, he gets fired. I think potentially not hitting 250k deaths given the Trump message is now passed. Fauci seems to also clearly think this.

Humans do matter. In the end. A failed state is one that's failed for its people and overnight, some astounding and even more alarming things occurred.

 

[ducati916]

1. Morning ... buzzing seems louder ...
1(a).Possibly for today I could have a discussion with a wall .... foaming at the mouth in the corners and bleating about how they are right on something. Maybe Trump or his new press secretary who promised not to lie and then did so 12 seconds latter.

2. If a person does not understand when GDP of a nation rises from 9 trillion to 22 trillion, and the cash it has on issue rises accordingly ... as one would expect, then comes back claiming to not understand, its besides the point even going further. Are you kidding ? Clearly cash on issue has NOT risen ... beyond growth in underlying GPD .... the opposite to what you postulate and your kooky theory is just that. Silly !!

3. Seems also I must remember to send flowers, or PM's .... or whatever ... it seems I have forgotten and it was only mothers day recently.

4. I am not your friend, nor wish to be. I will never meet you and clearly your the type, one that I find, painful at best.

5. Were you a lawyer ? A desire and demand to always be right ? Clearly not a trader as is my background and an investor ... such tightly held opinions make terrible traders and not much better investors.

6. Sigh. Have no interest in going round and round and round and round. Provided links, two professors and well ... since your strongly held opinions are the opposite of three experts I provided, two of whom are professors, and your view is that no evidence was provided ??

7. Please start a thread on MMT and your pet theory.
I am sure I will contribute.

1/1(a). That I assume is the 'bite back'?



2. This is an explanation of why the money in circulation increased. Simply, the government as a Fiscal Policy determined that they wanted (or needed) to incur deficit spending. This is clearly Keynesian economic theory. Hence, the money supply (in circulation) expanded. Which is exactly what was stated above.

3. Simply that it can be inferred that you wanted the last word. To get the last word, you needed to wait until you thought that I had lost interest in the thread...which I had, before adding a post re-addressing the topic. That rather gives credence to an assumption of cowardice.

4. Who said anything about being friends. What does that have to do with the issues? I'll tell you for free. Nothing. It is simply another attempt to avoid the issues. You are scared of the issues. You have boxed yourself into a corner and are now looking for any escape hatch.

5. Another reference to your 'White Coat' argument. You claim to be a 'Market Professional' with a Masters Degree in Finance. So let us examine this claim:

(a) You seem incapable of forming a simple declarative sentence. This makes we question the validity of your claim of successfully completing a Masters Degree.

(b) Your unprofessional demeanour on this thread, again raises doubts (in my mind) that you actually a professional in any profession, never mind (as you claim) a senior position within a finance firm.

(c) You complete inability to actually argue cogently the issues. Your entire effort seems to directed at ridicule the poster, or belittle them in some manner, believing that by doing so, somehow you demonstrate your authority or intelligence on the subject.

(d) You actively avoid the issues. If you were actually what you claim to be, you would engage in the issues with arguments based in facts etc. Your complete inability to do so, simply is evidence that you are lying, a fantasist.

6. I provided two examples (indicated by a time reference) in your video, where my argument was supported. Of course you never actually addressed those issues at all. Rather, as currently, you want to try and imply that I ignored your video and that this video was evidence that totally supported your position. Further, this video was only tangentially relevant to the question in issue.






7. You cannot hold a coherent position for more than what, a few seconds?

jog on
duc

 

[kahuna1]

I presented it, your view, opinion of course differs from all presented. Going ahh hah ... two professors are wrong ... really ?

At that point, your debate or views, became very clear. Illogical and fanatical in nature.

Move along ... or whatever ... please start your thread. Or continue with circular disagreements about MMT. Some believe the world was created in 7 days. Some believe as you do in MMT and Drip down economics. Some believe Climate science is all fake.

I prefer not to debate facts or science beyond what I already have done.
No amount of facts, experts or anything will alter your clearly displayed concrete views on the topic or I suspect many others.

Is it a log ... or an alligator or lets debate its a crocodile ?

 

[kahuna1]

12th May 2020 USA ...


"Seventy-two individuals who tested positive for Covid-19 in Wisconsin recently attended a “large-gathering” before their diagnosis, according to a report. The information comes to light after last month hundreds of people in Wisconsin attended a mass protest at the governor's stay-at-home order."

The Supreme Court is taking up the case of Donald Trump's financial records this week, and the White House is going to argue that the President has "absolute immunity" from subpoenas and other investigations while serving in office. If they are successful with their arguments, it will mean that the President, regardless of who is sitting in this office, will be above the law. If they lose, Trump has to turn over his financial records. Ring of Fire's Farron Cousins explains the potential ramifications from this case.

Comment …. Same powers as a dictator and he, the President is above the law. This is before the Supreme court of the USA. A dictatorship it is ? He can shoot someone, anyone, and no investigation and NO potential ramifications. USA dictatorship is supreme in the USA and globally ? Likely at least a few Trump Supreme court appointments will vote to actually allow this radical change to the rule of law. Astoundingly one might add. Absolute immunity …. no law is valid for the President of the USA under Trump and the future.


Dr. Anthony Fauci warned the Senate Health, Education, Labor and Pensions Committee that reopening the country too soon “could turn the clock back” and lead to “suffering and death that could be avoided.” ” Dr. Fauci added that the death toll is “almost certainly” higher than official counts He added: “There’s no guarantee that the vaccine is actually going to be effective.”



Rand Paul to Dr. Fauci: “I don’t think you’re the end-all” on coronavirus and “I don’t think you’re the one person who gets to make a decision.” Dr. Fauci replied: “I have never made myself out to be the end-all, or the only voice in this. I’m a scientist, a physician and a public health official. I give advice according to the best scientific evidence. … I don’t give advice about economic things. I don’t give advice about anything other than public health.” (Reuters / Axios)


Comment … Rand Paul is or was a doctor of Ophthalmology. Ophthalmology is a branch of medicine and surgery which deals with the diagnosis and treatment of eye disorders. Dr Fauci is a doctor who has all his life specialised in contagious diseases. One of them is the expert.


As I presumed, Dr Fauci has had enough of political spin and BS. Clearly so.

Yesterday: Trump declared that “we have prevailed” over the coronavirus as U.S. deaths from the disease exceeded 80,000.

Some USA states if one looks are going back to work despite increasing cases and case numbers DOUBLE and even triple those of Spain the most infected large nation.

An unreleased coronavirus task force report shows coronavirus infection rates are spiking to new highs in several cities and smaller communities across the country, contradicting Trump’s recent claims

Mike Pence will be “maintaining distance for the immediate future” from Trump after consulting with the White House medical unit. It is not clear exactly how long Pence plans to stay away from Trump.

Trump was heard to breathe a sigh of relief and break from the VP, just kidding or likely not !!

Trump promotes conspiracy theory accusing MSNBC’s Joe Scarborough of murder.

Lets distract you with another idiotic distraction.

Speaker Nancy Pelosi and House Democrats unveiled a new $3 trillion coronavirus rescue bill that would direct money to state and local governments, health systems, and other initiatives.


This bill has NO chance of passing. Even if it did, Trump would veto it. Unbelievable but he demands a capital tax gains cut as a part of any further stimulus. Pelosi a corporate democrat, identical to Republicans in the USA and its Kleptocracy is actually proposing a bail out of lobby groups as well in her bill. This beggars belief.

So far the 15% of GDP stimulus which is already 3 trillion, of this the USA sent 86% of this to the top 10% and crumbs for the lower 90%.

This much needed support for the lower 90% of USA is unlikely to pass as already the top 10% have their handouts and massive tax cuts.

If you cant hear cracks appearing in the USA as the events just keep coming I suspect you never will.


If this goes to the usual play book of the USA a few things will occur.

1\Dr Fauci will not appear again with the president of the USA at any press gathering, or if he does, he will NOT be allowed to speak,

2\ Some magic cure will be touted yet again and a magic rally will ensue.

3\ The numbers and virus with no political agenda other than devouring stupid people, will continue to wreak havoc. Actually going back to normal with more infections for some states than Italy ? Brilliant !!

4\ USA will likely give yet another tax cut to the rich and the desperation and starving masses will get some relief, whilst, absurdly … fiscal viability beyond Covid19 already is on shaky ground for the USA.

That the USA equity market rallied back to pre Covid19 levels and 2,950 on the S+P 500 is amusing. That interest rates are zero and likely there for some time and tax cuts already handed to the 1% make it optional this concept of tax for Mr Gates and Buffett and Bloomberg was that driving force.

Dr Fauci said it all. A vaccine is not assured. The list of things that may permanently be altered in this new world potentially are massive. The journey, whilst we wish it was over, has some time to go even at an at best rate. A vaccine and immunity for life that works 90% of the time is NOT guaranteed and clearly far from it via scientific data being collected. What we don't know is massive verses this revisionist propaganda spewing form the USA and in some part the UK as well.

Australia, NZ and some other nations have done well. Others despite best efforts like say Singapore and their immigrant workers in cramped quarters have done not so well. Germany even is struggling with a great response and contact tracing but the infections are still continuing at an alarming rate. They have stated they want the number down to under 200 a day, but stubbornly its staying around 4-5 times that level.

If one said American actions are alarming, and likely to dictate the world equity and investment markets as always, would be understating the impact the USA has on the world economy. As they used to say “USA sneezes and the world financial markets catches a cold”.

USA has not a cold, not the flu, its has something 10 times worse. The denial and political posturing whilst a pandemic is going on is astounding. Tax cuts for the rich, lets put 40 new judges with no qualifications into lifetime positions. Lets conduct provocative actions against Iran and China and Russia with the naval exercise in the Barents seas whilst everyone is distracted.

The leadership of the USA is not distracted. Despite an ability to mitigate the effects, lets not act quickly, then send people back to work after all wishes are granted via tax cuts and unlimited funding for the CEO's.

I have no idea where this ends. Is immunity granted via getting sick ? If so for how long ? A vaccine ? Will it mutate again ? When USA decides its all well, will it demand its tourists entry to other nations ?

I wrote the above early on today. Of course, one of those magic rallies ensued when the USA was and is asleep and its 2 am NY time, over the last 4 hours up 1.5% off the lows.

I think Kim Ill Jung the North Korean leader is alive and well as can be seen in the following …. video.







I am not sure I have ever seen so much ass kissing, ever. Kim Il Jung seems to be sporting a new hairstyle.

Back when USA hits 100 k which well should be sadly not too long away.



Stay Safe.