it's like people just don't remember anything these days

this is like 2 or 3 times the dotcom crash AND the 2007 financial crash combined

yet people think it's just fine to carry on like this

More like 1929 but worse.

then there was the savings and loan failure before that

we just keep blowing up bubbles, popping them and then blowing up bigger bubbles ... till the final bubble "currency collapse"

the crack-up boom as it's called

we never broke 100% GDP public debt levels before since WW2

Kraken-up

I love fried kraken

and that was abject hardship

but it was done via real people's savings and it was paid off/paid down afterwards

https://thepn.org/2020/11/29/report-lt-gen-mcinerney-reports-us-special-forces-attacked-cia-server-farm-in-germany-in-server-seizure-operation-5-soldiers-killed-servers-secured/

it took 2 generations to pay down these bonds

painstakingly

now we are just self-inflicting a commensurate economic damage

Interesting enough meglide they said there was enough GOP in GA to win it for Trump that wanted to send mailins but couldnt make it in person and he said make sure you dont vote

@nachik there is not enough readily available energy to payback the debt.

and instead of a young growing population

it's now adding up pensioners and averages 47 years of age

I'm kinda shocked untrusting folks use parler if it asking for social security number

yeah I linked that article a few days ago ... ironies of ironies

and instead of being an exporting powerhouse we have negative trade balances, esp with Asia

Hopefully the demographics situation and lack of readily available energy will lead to a dramatic decrease in population. Perhaps back to the mean.

I don't like being negative it truly looks like the end of the West as the leading bloc in the world

we're the next Portugal

@nachik it's not negativity it's reality

Under the current energy regime.

energy is more relevant to the US

than it is to us

the UK can be carried by services and finance to an extent the whole USA can't

we're like just NY, IL, and the New England region

How much is the calorie of food subsidized with external energy in the UK?

actually the UK produces significant amounts of food locally

@nachik We, apparently, traffic in weapons, so our military industrial complex never becomes obsolete. Make current superior weapons available to force ourselves to build better ones.

about 70-80% will be 90% after the fisheries are taken back

I didn't realize that

I'll have to look into it

we have no deserts in the UK

and a lot of good waters around us

it's cold but for these purposes it's productive