Here’s a shocker for you: The day after Memorial Day this year, the total U.S. Public Debt to the Penny was $31,463,988,658,765.75. Too many numbers for this early in the day? Then call it $31.46 trillion.
As of the most recent numbers posted, the Public Debt to the Penny is up to $32,661,578,249,677.03. But again, too many little numbers. We’ll round it off to $32.66 trillion.
Simplifying: The public debt to the penny is up $1.2 trillion in just 82 days.
Go with me on this, because I’m expanding on the notion breached in Thursday’s column here. Namely that the Fed is likely passing the point of no return, lighting off high rates of inflation for the foreseeable future. Because – if we assume there are at least four such periods in a year (there are actually 4.48) we can do some simple compounding. Let’s see how bad it could get, shall we?
Public Debt is up 3.8143 percent in 82-days. If we compound that out four times (a year’s worth)? A rational lookahead says the National debt will compound north of 16 percent in the coming year.
Has the Fed already lost it? They had two extremes – either of which would have moved public thinking on spending. But “namby-pamby” is not “leadership.” And trend following results in financial hazard, near as we figure.
To the point? I warned again yesterday that the Fed needs to get real tough – instantly – or permanent inflation will return. Bonds are rising (along with mortgage rates) and the Fed misses that the 2021 collapse of stocks came at the bottom of long-term rates. Not at the (comparatively) higher rates in 1929.
With rates going up, Big Money is likely to move out of stocks. And back into Bonds. The Fed will simply now track the return of inflation.
A Deflationist Speaks
I’ve mentioned my colleague Jas Jain, a number of times. I was delighted to get an email from him this week, confirming our worst fears:
“A few weeks ago, George Ure, whom I got to know at Longwave Forum some 25 years ago and later met him and his wife when they were visiting SoCal, asked me about the long-term bonds (since I have a pretty good record) and how the bonds would impact the stocks. He runs his own website regarding the replay of 1929 in stocks. We both subscribe to long-term cycles in the economy that lead to cycles in stocks and bonds.
30-Year Treasury yield peaked in September 1981, i.e., bond prices bottomed and the Long-Term bull market in bond prices began. Eleven months later, the Long-Term bull market in stocks began that most likely ended at the end of 2021.
In the attached graph one can see that there has been lot of volatility in the yield, but the trend line is clear where the yield was falling for some 40 years until March 2021 when it broke the trend line on the upside and there is no end in sight.
“The Bond Market Smelled the RAT in March 2021
Everyone knows about the gigantic COVID stimulus under Trump in 2020, far bigger than any other country. With Democrats in power, it became very clear that a lot more stimulus is going to be in the pipeline with no end in sight, i.e., there is going to be huge demand-driven inflation from all the govt money in people’s accounts waiting to be spent after COVID. The long bond smelled the inflation rat 3 months before the annual inflation rate hit 5% and 12 months before the Fed acknowledged the problem and started to take the baby steps to tackle the problem. This fight has a long way to go, as was the case in the late 1970s and early 1980s. It would require a serious recession like 1981-82 to force people to spend less to curtail the demand. There is no doubt about that.
If the Long-Term bull market in stocks lasted for some 40 years, with lots of up and down short-term cycles, one can guess how long the down cycle would last, also with many ups and downs along the path.”
Jas, with a PhD. in digital signal processing and now retired from “the big router giant” is pure gold when it comes to “signal to noise” in long data sets. And economics is less about theory and more about derivation of behaviors in long, noisy data sets.
Where Does It Lead?
Let’s go through this stepwise.
- First: The Fed, as noted, is not a “leader” in any sense. They are “trend followers.” We could debate this all day, whether government (and its profligate proxies) should lead or simply follow the secular financial markets. The data says “leadership” is pretend and “trend-following” is more real. As a succession of Fed Chiefs has demonstrated while claiming “leadership” the numbers argue the opposite.
- Second: We can simply “count the years” from 1981: 42-years so far. So, the Fed still has a chance to raise rates enough to generate one more collapse of rates (to below the effective lower bound), which would lead to a nearly idealized Kondratieff/Kondratiev cycle ending around 2031. However, in order for this to occur, public consumption would need to be curtailed (reducing the balance of trade deficit) while at the same time, presenting a large enough existential threat that the public would accept the yoke of higher taxes.
- Third: Accounting realities matter. The simply projected higher debt we just penciled out (the 16 percent debt increase) coming in the next year will be divided among about 161.262 million workers.
A statistical disclaimer: There is some circularity in these numbers because a great deal of employment (such as education and defense) are government spending dependent. But we can readily see what your portion of Bidenomics will cost in the coming year: 16 percent of 32.6 trillion, divided up by 161.262 million workers under tax slavery. Comes out to $5.2 trillion spread out over call it 162 million workers, so about $32,098 per American worker. (Don’t blame me, I didn’t vote for these jokers!)
- Fourth: Economics can be heard already screaming “Change of Senate and President in 2024” because the odds line today favors a change-out of the Free Lunchers. BUT, it is far from certain. For one, the nation is on the cusp of multi-axial insurrection. Haters right and left, old and young, racial group vs. racial group, and rich-poor – everyone’s got an axe to grind – and an opponent to bury it in when sufficiently sharp, or when opportunity presents.
We can squint, in a particular way, and see things even WORSE in a year. Because we not only have the commercial real estate meltdown coming, but that round of Covid has left people unwilling (in many cases) to return to the daily freeway grind and the office politics bullshit that goes with ranching a cube farm.
This may explain the desperation of the Neocons (who are the same embeds that Trump inherited at State) who are attempting for all they are worth to light up “nuclear war lite” in Europe.
See, it’s all going to come down to yoking up the tax plebes. And to do that, government needs a horrible threat (nukes works) because the accounting is going off the rails. Oh, and let’s not forget Social Security will be running out of dough, sooner than later, too, so whichever party is left holding this “steaming bag of shit” post 2024 could have a storm of radiation, a part 2 of pandemics (maybe racially targeted), the loss of Taiwan, attacks on American fine-pitch semiconductors, and the concurrent blow-up of America’s losing Dollar Hegemony while explaining to people who worked their whole lifetimes, why the “good times” Medicare and Social Security have paid for are ending. In flying, this would be an unrecoverable secondary stall.
Meantime, Agent Orange may be sitting in a cell. Hunter’s going to walk, but the impeachment articles against Biden are on a roll, too.
Here in the Outback of East Texas today, I’m picking up a hydraulic hose for the Kubota tractor. In other words, “life goes on” (with a 5-gallon jug of hydraulic fluid).
That seems to be the direction for now (only a long-shot the Fed will get down to negative rates, but it would be grand from a K-Wave fulfillment standpoint). War first this time, instead of after-Crash in the 1940s last time? Whatever, historical rhymes work out, I guess.
The capper in this discussion? No splurging: Inflation fears are keeping Americans from making impulsive purchases in 2023 – Study Finds. Retail sales up only one percent screams this fan is on and the dark gooey smelly stuff approaches…
Whew! Chill. Let’s move on to the apparent arrival of Wave III down in stocks which has its own “special scent.”
Wave 3 – It’s Getting Ugly
What was I telling you about long-wave economic projections? Markets will oftentimes “make their waves” and we seem to be doing that, once again.
Wave 3 down (at the big, ugly yellow scale) seems to be “on the verge” and on tap for this fall:
The next Fed FOMC meeting pops September 19-20. Our thinking is that a month from now the Fed will be forced by markets to raise rates another quarter. Which will continue the strengthening of bonds and the falling apartness of stocks into year’s end. Long-term bottom in early 2024? Joe Biden to save us?
Nope – it will be late next spring only the Wave 4 rally – if we’re not all smoked by nukes beforehand. Secondary stall, anyone?
But at least, unlike Covid, radiation levels will make great public health pretexts with direct government control instead of power and profit sharing with Big Pharma for what follows… Gads!
Details of the Bummers
Headlines like these are the “snowfield markers of Future” to us.
A discussion of the 84-year (Uranus) cycle on Peoplenomics tomorrow. But for now, we just note that it has been 84-years since “Boss Angeles” (with a nod to KHJ in the olde days of radio) has been smacked by a hurricane. Hilary rapidly grows to Category 4 hurricane off Mexico and could bring heavy rain to US Southwest. At least someone will get rain…
Dust Bowl Started in 1930 – so yes, this week we have:
Why ask if you already know the answer to a question? Trump lawyers seek 2026 trial date in federal election case. The answer’s going to be “No!” so why ask? He’s been cast as “agent orange” and will not get the deal (wink-wink) like the president’s kid… Nope, going to be more like Justice Department seeks 33 years in prison for ex-Proud Boys leader Enrique Tarrio in Jan. 6 case.
Going to Camp David, anyone? Hunter Biden stays close to father at White House amid criminal probe.
But, like we were saying, a lot of distractions because the U.S. is angling for war to reassert “leadership.” (Code for: war.) U.S. approves F-16 jets transfer to Ukraine from Denmark and Netherlands. Which the Russians counter via their proxy next to Poland with Belarus would use nuclear weapons in the event of ‘aggression,’ Lukashenko says.
Anyone besides me (and the wild land fire carded son) notice how much suspended particulate has been coming from Canada this year? More coming as Yellowknife, Northwest Territories: Thousands scramble to evacuate capital of Canadian territory as more than 200 ‘unprecedented’ wildfires blanket region.
Speaking of “smoking”: iPhone 15 rumored to support up to 35W fast charging speeds (pocketnow.com). Let me know when I can just put an iPhone on my stick welder for a minute…
Absurdium Redux: Microsoft AI listed Ottawa Food Bank in travel guide, suggested “going empty stomach” – Neowin. It’s OK, big brains with no couth has been a problem for humans, too. A surprising number get rich off lack of couth…
Recalls: Over 1,500,000 dehumidifiers recalled due to fire risk — check if yours is affected | Tom’s Guide (tomsguide.com). So much for drying out ahead of the weekend, huh?
Different kind of recall in the East Bay: Recall effort aimed at unseating Alameda County District Attorney Pamela Price moves closer to gathering signatures. Wait…could the people take back San Francisco from anarchists? Can Portland? Seattle??? Stay tuned – this would be a dynamite live/reality TV deal if anyone had the balls to shoot and produce it… Naw, State TV would not run it. Too critical, too real…
Around the Ranch
Hotter than Phoenix? Here? By 3-degrees today!
Yep. And worse, the rain in the forecast for next week evaporated from the forecasts overnight.
We can’t really bitch too much about it, though. We are still almost 3-inches ahead of last year on YTD rainfall and the mean temps haven’t been too bad.
It’s the kind of weather working outside isn’t so bad – as long as everything’s done by 8:30 AM…
Write when you get rich,
George@Ure.net
George: good to read Jas, thx. Watch the TNX. Yesterday we wobbled around 4.3 and retreated from the 4.33 hi. The bond market rules. Add in a dose of Evergrand, crypto crater, etc. And … we’re off! Egor
ps $2.2T OpEx anyone?
Trending …
Don’t cure, just treat illnesses.
Kill some people with some viruses and (stuff)
Burn people out business of areas.
Create food shortages.
Regulate necessities to the point ya can’t do anything.
Make things so expensive that you can’t afford it but a bankrupt government can (?)
Make it illegal for people to help each other. But FEMA is here to save you.
Create wars to finish the job.
Well, something like that. Hard to keep things in order cuz they overlap. And I’m sure I missed a couple things.
I hear the if you take a lava rock from Hawaii as a souvenir, the Gods torment you till you give it back. – wonder how the Gods feel about the land grab. Just wondering.
Read a news story about that., years ago. A guy was having a whole string of terrible luck and then read about taking lava rocks off the islands. He mailed the small rock he took while on vacation back to a small post office in Hawaii and asked them to put it back.
The string of back luck stopped., and within six months he life completely turned around.
So., there may be something to that ‘folk tale’?
In the early 1980s I visited El Malpais National Monument in New Mexico, which is an extinct volcano. Signs everywhere said “DO NOT REMOVE THE SCORIA”. I had no idea what scoria was but I did pick up a piece of volcanic rock. Later on I learned that scoria was a type or volcanic rock. (Why didn’t they say so?)
The ‘scoria’ sits on my office shelf, next to the piece of black obsidian (volcanic glass) I picked up in Eastern Turkey when I was in the army. We camped on a mountain of obsidian covered by a couple of inches of dirt, and needed sledgehammers and eye protection while trying to drive in tent pegs.
the post office has quite a collection of returned rocks:
https://www.civilbeat.org/2016/10/the-mysterious-reason-tourists-keep-mailing-rocks-back-to-hawaii/
That is more than legend to locals. The stories are legion of those who have taken lava rock from Madam Pele. Fortunately, I have always had a respectful and awe-inspired relationship with the volcano. She has blessed me with a habitation on the lava flow of 1840, with a backyard decoration of Pahoehoe ropy lava flow patterns that are beautiful.
Got some silicone sandals, well, in case?
Survived the 6.9 earthquake… no damage. 2018 eruption was five miles away… red skies at night. Lava flows much more slowly than wildfires. No… I’m good!
George, we are about the same age, and I have decided to quit buying green bananas.
Yup.. I hear ya.. the same with apples.. why buy a whole bag.. you might not live long enough to eat the whole bag.. around here they split dozen eggs into two half dozen for the elderly.. I say why not sell them one egg at a time.. sheesh.. you are alive.. then dead.. see how fast it is.. why waste the food LOL LOL LOL LOL
I cannot overemphsize the importance of this, or the subtlety of it:
Different groups evaluate the nature and risks of nuclear weapons combat differently.
No, it’s NOT a “Captain Obvious” thing. But, it’s REAL, and WAY more important than you might think. I’ve been deeply assurred by certain Big Braynes I just happen by accident to have a casual and informal occasional connection to. (These are not Big Dummies: Trust me.)
Maybe the best example of this is the way the Japanese (the only people who have actually suffered two city-destroying atom bombs) react to “nuclear stuff.” I mean all their 1950s and 1960s B&W horror-monster unconscious comedy movies ALWAYS blame “nuclear stuff” for causing Godzilla, Mothra, and all the rest. They are, as a people, quite neurotic and hypersensitive about it. (Not very surprising, considering.) Genius Kubric’s “Strangelove” examines some attitudes about it in an enlightening manner.
We (Americans) are nearly as neuro about it as the Japanese. We see Nuclear Weapons as a particulary terrifying Special Class of Weapons To Awful To Think About. NOT ALL PEOPLES SHARE THIS IDEA — PARTICULARLY THE RUSSIANS — I am told, and I believe.
The way the Russian goverment and military see nooks is just as a ‘Somewhat Bigger Bang” for the buck. No Big Deal: Just Another Tool In The Box.
Our “Red Line” and theirs are VERY different. I believe this condition increases the probablility that nooks WILL be used — most likely, by them first. Perhaps not ultra-powerful ones — more like Field-Tactical level lower yeild artillary shells, or small bombs. Up to20kT, maybe. They may think the “less-than-Hiroshima” strength would be received differently than a Big One by the NATO gang.
My crystal ball grows dim at this point — but here’s your take-home: If anybody uses nooks in Ukraine, it will probably be the Russians, first.
Uke has been a LOT rougher row to hoe than apparently Pootie & his Guys thought. The Uke war has been Bad For Business, and bad for certain reputations; and I believe them’s as actually Run Things could be becoming impatient and about ready to re-dress the stage.
Bad Business can be seen as a form of investment, for a time; but it can’t be allowed go on too long. Bitter medicine isn’t tolerated for any longer than necessary.
Warning: The below is speculation, and only the opinion of one lone earthling.
America, via the NeoCons bombed bombed bombed Iraq (then Afghanistan, Syria, etc., the whole kit and caboodle, and ongoing) with those 4 plus story bunker busters, and they were huge, and rained down like hail for a few years, so no, I don’t think that the NeoLibCons, have any trouble using smaller nukes and bigger buster bombs.
See, it’s the LEADERSHIP in the USA, and our allies, including Lewinsky, as he said he wants your sons and daughters to FIGHT.
Been warning my siblings and anyone else that would listen, they are coming for your children.
So, George you wrote:
“But, like we were saying, a lot of distractions because the U.S. is angling for war to reassert “leadership.” (Code for: war.)”
See, I don’t agree, George, the way I see it, all of this is camouflage for the intended target, and that is the US of A; the USA is THE target for the globalist elites, and if they get to take down the EU and the UK while doing it, so be it.
The NEOCONLIB leaders already started this with the destruction of the pipeline; we did that, our leaders, they did that to continue the destruction of the EU and the UK.
America is the gold/end goal for the End Times.
The torch is gonna be passed onward and away from a torched scorched economically destroyed USA.
What I mean to also say, is they will use the cover of this war, the cover, to take down the USA.
The USA is the target.
They are already depleting the treasury, the munitions, the borders, the stored fuel, the transportation system, the savings of the people, the food supply, you name it, one by one is being downturned to destruction.
And on the long way down, billions are made on the backs of the fleecing of the country.
As LOOB has pointed out endlessly, the Corporations have stripped the middle and lower classes of the wage gains and profits of shipping our infrastructure out and bombarding us with ‘other people’ to feed/clothe/house, educate, and support.
Can’t you see why the liberals were all in for abortion (and same sex marriage) in the USA; why has abortion been deemed unconstitutional?
All things work for good for these guys, as in All things work for bad, that’s the real truth.
“Corporations have stripped the middle and lower classes of the wage gains and profits of shipping our infrastructure out and bombarding us with ‘other people’ to feed/clothe/house, educate, and support.”
historically.. civilizations where that has happened has not played out very well for the upper class.. let the me at cake..didn’t go well for Marie Antoinette… Historically its usually their own guards that end up saying enough..
we hear stories where the protectors are made to hide in closets or members of their protection teams that disagree with them all end up deceased.. these individuals see it all.. they know the dark side.. at the cost of compromising their principles and moral ethics..
take the whistle blowers.. their moral and ethical boundaries were crossed.. now we know nothing will ever happen.. one senator went to admit the laptop from hell in as evidence or pages of documents from it.. they refused to allow any of it..and the head of the agency refused to say where it was..my guess is it was smashed up just like they did with the cell phones with all the incredible proof on them.
my question.. is what are the moral and ethical boundaries of those leading these agencies .. and at what level would it take to get them to roll over on the criminal elements..
“Maybe the best example of this is the way the Japanese (the only people who have actually suffered two city-destroying atom bombs) react to “nuclear stuff.”
the problem is… except for a few riots.. we have not experienced the horrors of wars…famines and pestilence..
we have all been raised in a time of plenty..
“the problem is… except for a few riots.. we have not experienced the horrors of wars”
Riots is riots. In a war, people shoot back…
Exactly.. and why war… why not peace.. the vast majority of the people on all sides is good.. the evil ones are the minority there is what.. three hundred families that rule the world and make all the changes for the world…..
so why war can you imagine what the USA would be like if instead of all these wars we have been having we actually diverted our attention to the needs of the American citizens and the citizens of the world.. War is usually a cover so that those that have the need for more can go in a take what they want they use phrases like fighting for peace.. well that is like fuzking for chastity .. the devastation is endless to.. the mental and physical trauma is horrific..
I believe that If the monkey king keeps up what he is doing and I believe that everyone will have some form or ptsd. in the near future.. I believe that russia and china have successfully out maneuvered themselves against us and it isn’t as if they didn’t give plenty of chances to de-escalate this whole situation..for what twenty years they have been going to all the countries that we have HELPED just to sign security military agreements…. (kind of choke saying that one LOL) . and no one ever seems to have questioned at all why cartels and countries pay to have access to our politicians to have their ears.. they even had the courts come out and say it was unconstitutional to regulate it…the monkey king that has done so much irreparable damage to the country.. agencies that swore allegiance to the people to keep them safe has lost their credibility to the people and they still think they can cover over the actions that they have worked so hard to cover over.. when you think to yourself how could it get any worse than it is now.. then the news comes out the next day.. its crazy.. its insanity.. and for what.. I hate the idea that life changing events will take out the vast majority of mankind.. and for what some pervert drug addict that no one wants to see take responsibility for his actions instead of getting him the help he needs…. if it was you or me.. there wouldn’t be any mercy at all from anyone..I once took care of a really famous lawyer.. anyway.. there was a national case on television and we were talking and I asked him.. so how can a lawyer defend someone like that.. ( this was a case over a cannibal that killed a lot of young men)
His answer was.. it is about the money.. and the lawyer that defended him was a friend of his.. he said.. he is only in it for the money.. but he won’t allow him to go free.. because what if it was your child your wife or your daughter that was exposed to him.. and then my little supreme court would take out their magnifying glasses and go through the daily news to point out how the lawyer was sinking him.. with the pedo perv.. they aren’t doing any of that.. they are going hog nuts wild to protect them and their actions.. did they get in on the payday to.. .. why.. what if their child was the next one to be sniffed.. or what they do affected their life.. so why are these people being so protective of what is so blatantly obvious to everyone..
Dots connected! Taiwan, Ukraine, WWIII in progress, Truk, Svalbard cable cuts, Wagner in Africa, exit Putin, space factories, Musk in China, GPS attack, airlifting photolithography machines from Taiwan to Texas, “unsinkable aircraft carriers”, a clone of the Guam base, food and oil as instruments of war, Kaliningrad, “broken social elevator”, “House of Cards” as an understatement, RFK Jr., Hunter’s energy drain, Biden won’t be the nominee, “most respected white man in black America”, pharma advertising, “green bitcoiners” as a force.
Peoplenomics devotees see most of this, but piece by piece. Pippa Malmgren ties it all together in a 1 hour 24 minute video that is well worth your time. I’d be really curious to hear comments from some of the geopolitical regulars here.
https://www.youtube.com/watch?v=JsM9a6n_vsE&ab_channel=MauldinEconomics
All roads lead to..
Saved for last..
https://www.theinteldrop.org/2023/08/18/covid-19-and-illegal-us-bioweapons-activity-an-insiders-revelations/
Yaway is/has been wrong way- enslaved/miserable darkness.
https://youtu.be/kjxSCAalsBE
Use Ure imagination…top center of head – the Baihui acupuncture pt..imagine the Sun light of Day or Moon light of Night enter Ure body thru top center point of head, filling Ure whole body… Sunshine/Moonlight 4 Breakfast/Lunch/Dinna/Midrats.
-Careful with eating too much..might find Ureself wearing a tunic and being hunted down as a heretic, and SLAUGHTERED – its what “they” do . Ever notice how all the “Peace makers” throughout History are MURDERED ???
Debt smebt – USN just dumped a $362 million bucket of bolts after 5 years of service. And in that 5yr time the POS never worked – the whole dam fleet of littoral combat ships is obama’d. and just like obama, they will never turn white and blow away in the wind, as dogshit does..
* picking a bottom is risky ass behavior – a no no if you want to preserve Ure capital, mandatory if adrenaline junkie. Below the 200dma, BTC has become very interesting – should Reverse soonly.
GBTC and BITF at $1.20 are targets I will pound should they present themselves..guns loaded -not advice, ever.
Folks,
Anneke Lucas has updated her website blog earlier this week with an entry entitled “Verboten”. It includes a travelogue to the castle popular with tourists in the hometown of the fictional Sargent Schulz of “Hogan’s Heroes”.
https://de.m.wikipedia.org/wiki/Hans_Harmsen
Is this going to be a problem?
China Evergrande Group, which filed for Chapter 15 bankruptcy protection in New York late Thursday, has $28.1 billion of outstanding bonds, the bulk of which mature in 2025.
https://www.marketwatch.com/story/china-evergrande-has-28-1-billion-of-outstanding-bonds-as-it-files-for-chapter-15-bankruptcy-8e658c23?mod=home-page
The White-Hot Fuel of the Maui Firestorm…
In 2011, a host of initiatives, from “Maui Clean Sky Ordinance” to “Maui Sky Watch,” tried in vain to stop the spraying of the metals nanodust over the Hawaiian archipelago. But the military-contracted planes continued to rain the metal shavings down on the island that hosts a pair of extinct volcanoes.
The three main elements used in chemtrail cocktails include barium (BA), aluminum (AL), and Strontium-90 (90Sr), a radioactive isotope. For those awakening now to the spraying overhead, note that barium and aluminum combined make “Ba’al,” one of the demonic gods that humans with lower frequency worship.
The Chemtrail layer represents a flashpoint for the spark, with Directed Energy Weapons (DEW) such as the HAARP array or military-grade lasers. Still, this one-two punch doesn’t explain the intensity and swift spread of the fires, nor does the high winds.
Something else was at play.
The Fuel of Ammonium Nitrate
In May 30 tons of ammonium nitrate—fertilizer—disappeared off a train in California. Since ammonium nitrate has been used previously in car bombs from the 1995 Oklahoma City bombing to the Oslo, Norway, blast in 2011, many researchers wrongly suggested that the fertilizer component turned the Canadian fires toxic cloud, which hung over New York City, a deep orange-reddish hue. But that wasn’t the case since ammonium nitrate rarely burns red.
Ammonium nitrate (NH4NO3) burns or decomposes. By itself, it’s not flammable and cannot combust. Most often, when it does burn, ammonium nitrate produces a white or light-colored smoke. Not blood red. Why would the Deep State transport the 60,000 pounds of stolen material across the country to New York State?
It makes no sense. But shipping or flying the stolen ammonium nitrate to Hawaii from California follows the principle of Occam’s razor. Proximity with the fewest moves needed to complete the mission.
https://www.theburningplatform.com/2023/08/18/the-white-hot-fuel-of-the-maui-firestorm/
Whoa Nellie(jc) !
Ure saying that Ammonium nitrate is not flammable and Does NOT combust ?!?!?
R U crazy ? out Ure mind?
This entire community of urb surv BELIEVES NH4NO3 COMBUSTS ala Beruit Port.
– rock solid GRANITE bedrock – with an enormous hole blown into it, port is vaporized. Every single member of this community ripped me & info as CONSPIRACY – everyone.
Looking forward to the genius engineers (Bohicans) splain and debunk this one. Get those razors ready..
I can hardly wait..thanks!
“Ure saying that Ammonium nitrate is not flammable and Does NOT combust”
If (s)he is not saying so, then I will:
Ammonium nitrate is not a fuel.
It is not flammable; it will not burn.
What it IS, is an oxidizer, and a powerful one. When heated, it releases pure oxygen, which often makes whatever it is near, burn really rapidly, or explode.
More to it:
https://chemistry.stackexchange.com/questions/138440/how-does-ammonium-nitrate-explode-on-its-own
Wow that is interesting N____ I knew ammonium nitrate could be both a great fertilizer and could be unstable when mixed..I didn’t even think it could be explosive on its own.. I drive by the old urine pits quite regularly.. with you can s of ammonium nitrate in huge piles..thankfully none of it has ever caught fire or blown up.. the realization that a product I would use in the garden can be that dangerous..
my older mini me was asking me yesterday why I don’t show the younger kids.. and how he couldn’t find my carton knife..I said I put them away so little kids won’t get hurt..
https://www.amazon.com/ALASKAN-ULU-KNIFE-GIFT-SET/dp/B0006Z877C/ref=sr_1_16?
even my vegetable knife if handled wrong would be dangerous..I have gained wisdom with the younger kids
You cans lol.. it was mountains of ammonium nitrate lol dam auto correct
@ n____
More to it:
My bad. I did not know any strong oxidizer could fuel itself… Thanks!
It’s getting deep in here… and I’m not wearing boots.
Just went outside and hosed mine off.
Brian Maher: Today we rise in defense of the conspiracy theorist — of the man with his tinfoil crown.
That is because he is a suspicious fellow.
A suspicious man is an alert man. And an alert man is a superior citizen.
The free society must remain perpetually upon its toes. It must remain alert to threats that menace its liberties.
And who is more alert to threats than the conspiracy theorist? Who spends more time upon his toes?
The answer is no one.
So the conspiracy theorist hallucinates. So he chases phantoms. So he connects dots that are not in fact connected.
So he is — in many instances — lunatic.
It is no concern. For he offers society an incomparable contribution.
His incomparable contribution to society is his suspicion. In particular, his suspicion of government.
Only a suspicious and distrustful people will keep an eye on their government — and if necessary, get their hands on its government.
If the people take their eye off their government their government will soon have its hands on the people.
That is precisely why the conspiracy theorist presents enormous value.
His eyes are perpetually glued to government.
They are not glued to his smartphone.
Let us then lift a hymn of praise for the conspiracy theorist.
He is the prickly thorn in a reality czar’s flesh — indeed, he is the prickly thorn in government’s flesh.
Without him they will proceed unwatched, unchecked and unstopped.
A free society requires him and his dark suspicions… be they anchored in truth or unanchored from truth.
His vigilance is the price he pays for his liberty.
Thus we speak our piece for the conspiracy theorist.
Long may he live! Strength to his arm!
https://dailyreckoning.com/in-praise-of-conspiracy-theorists/
Fire and Fury: The Story of the 2023 Maui Fire
‘More interestingly, look at the description of the book on its AMAZON sales site. The description says the book offers “the harrowing experiences of people who lived through the fire” and “the heroic efforts of fire fighters and Rescuers who battled the flames.” How did they do that while the fire was STILL BURNING?’
https://halturnerradioshow.com/index.php/en/news-page/news-nation/book-about-hawaii-wildfires-published-before-fires-were-out
So.., the ‘Thirty Year’ peaked during the early 80’s double dip recession.
On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted and the S&P peaked in December 2021 – so these ‘events’ are the ‘bottom’ of that 40 year plus bull run in the markets.
– If this is all repeating wave patterns, are we now bound to a multi-year bear market, a deflationary economy and steadily climbing interest rates until the next severe recession, or possibly a depression levels the playing field once more?
Yep. My bets on the Depression – which Jas and I see (I think) pretty much eye to eye on.
Depression? Think we will drop., or be forced to drop, that far? A nasty recession isn’t bad enough?
That’s a lot of money going to evaporate..,
what goes down must come up, 200 yr interest rate chart:
https://advisor.visualcapitalist.com/us-interest-rates/
Bankruptcies at record high since 2010:
https://www.elliottwave.com/Economy/Why-You-Should-Expect-More-Corporate-Bankruptcies
But willl they ever match total $ volume of 2010?
https://www.statista.com/statistics/1096794/largest-bankruptcies-usa-by-assets/
Folks,
Anneke Lucas has updated her website blog earlier this week with an entry entitled “Verboten”. It includes a travelogue to the castle popular with tourists in the hometown of the fictional Sargent Schulz of “Hogan’s Heroes”. The German Wikipedia offers a review for polite company circles of a “deutscher sozialhygieniker” doctor.
A doctor of social diseases?
Hi NM Mike,
Oh, I see what you are saying. No, I believe the German term above means eugenics doctor.
As an aside, after the fall of the third reich, the doctor apparently aided in founding of a forerunner to the IPPF (Planned Parenthood). Curiously while the group is headquartered in London by an Act of the UK Parliament, its USA government portion of income was apparently cancelled by President Trump and reinstated under the Biden Administration. However there is no direct mention of USA government funding in the overall numbers of London’s 2022 financial statement issued this past June 30th.
This is an article from ‘The Hill’.., regarding Biden’s very odd claim about inflation. Couple of minutes read..,
You can lie to yourself all you want – but when you start lying out-loud someone is going to hear you.
.
https://www.msn.com/en-us/money/markets/joe-biden-s-odd-but-revealing-claim-about-inflation/ar-AA1fs6E7?rc=1&ocid=winp1taskbar&cvid=3320b38dd2c44c12dba84efd0a390350&ei=8
Under the spell of MMT advisors – bet me any could pass a popup drug screen?
No one is talking about a drought in Panama…just one of those little things. Gotta have fresh water for the locks. Ships used to cross 50 ft drafts…have raised to 43 ft. How containers is that per ship? No clue, I have trucks. Just another piece of info that I hope is wrong.
George I want to thank you for introduction to 2 people. There are others but I want to thank you for these 3 today.
Chris…I buy everything you print. Waiting on the bible…how about Revelations. Excellent
Stu…You made the statement… As i commented to the doubters on George Ure web site regarding the Norway Light Spiral, you are either in or out of the pool. Consistency in thought allows you to use basic truths as stepping stones. I found the last sentence to be most excellent. Stu
We are hoping to have dinner with you again, same place.
Several years ago there was a fire in Detroit that almost got away from fire fighters. And another in Hamtramck. Fire is dangerous.
2010 –
Wind-Whipped Fires Engulf Detroit Neighborhoods
Twenty homes reportedly have been destroyed in four Detroit neighborhoods.
https://abcnews.go.com/US/fires-engulf-detroit-neighborhoods/story?id=11579438
2011 –
Block of Homes Destroyed by Fire in Michigan
HAMTRAMCK, Mich. — Several houses were burning Wednesday night on Faber Street near Joseph Campau Street in Hamtramck. There were no reports of injuries. The homes burned for hours as firefighters worked to douse the blaze.
https://www.firehouse.com/safety-health/news/10462447/block-of-homes-destroyed-by-fire-in-michigan
The United Nations General Assembly is prepping for its annual meeting, which opens on September 5. Israel remains high on its agenda—expressly in meetings conducted by the Human Rights Council and their star pupil, the Commission of Inquiry.
.
The rhetoric forth-coming should be close to monumental and all bad.
“Absurdium Redux: Microsoft AI listed Ottawa Food Bank in travel guide, suggested “going empty stomach” – Neowin. It’s OK, big brains with no couth has been a problem for humans, too. A surprising number get rich off lack of couth…”
Speaking of absurd, the San Francisco Doom Loop tour has sold out ( https://ktla.com/video/walking-tour-of-san-franciscos-doom-loop-sells-out/8917368/ ).
Do they recommend wearing boots?
I dunno. I believe they recommend that participants’ meningitis inoculations be up to date…
“Boss Angeles” (with a nod to KHJ in the olde days of radio) has been smacked by a hurricane. Hilary rapidly grows to Category 4 hurricane off Mexico and could bring heavy rain to US Southwest. ”
SO….did you just say that Hilary Blows at a category 4
if that’s true what would hurricane Monica be rated?
https://www.zazzle.com/hillary_sucks_but_not_like_monica_funny_election_t_shirt-235906129708152696?rf=238892610215984019&tc=7c0042e671331f72d74f260646fc8ac0&utm_source=bing&utm_medium=cpc&utm_campaign=us_pla_clothing_1&utm_term=&ca_chid=2001810&ca_ace={aceid}&ca_nw=o&ca_dev=t&ca_pl=&ca_pos=&ca_cid=&ca_agid=1200667460421994&ca_caid=431062257&ca_adid=&ca_kwt=&ca_mt=e&ca_fid=&ca_tid=pla-4576442296362495&ca_lp=&ca_li=&ca_devm=&ca_plt=&msclkid=7c0042e671331f72d74f260646fc8ac0&utm_content=Clothing%20%26%20Shoes%20%3E%20Men%20%3E%20(252655825239087724)
” (only a long-shot the Fed will get down to negative rates, but it would be grand from a K-Wave fulfillment standpoint). War first this time, instead of after-Crash in the 1940s last time? ”
TBE only difference is plastic…..I believe that our borrow for tomorrow created a paradigm and in the graph.. extending the time..which goes back to the noodle.. a little in and a little out.. the velocity of cash..to float the noodle across the table you need the proper amount to keep it moving.. to much the cooked noodle gets mushy and falls apart…to little and the noodle sticks to the table and pulls apart..plastic was a faucet to dump water on the table.. giving the essential services to ten percent of the population and drying the table at the same time.. but that’s the double edged sword.. plastic is drying up.. pouring to much and outsourcing have now put the prices just to keep the doors opeen..
what was it that Canadian pepper said..
https://youtu.be/MpDigNoo4gI
the only question..is who would buy gold in a real SHTF senario…why would anyone in a business want to sell low to buy high..they wouldn’t and if your experiencing tragedy you wouldn’t care two cents about gold or silver..I use to have a photo of people carrying baskets of gold and silver to trade for food..During the Weimar depression .. during the gold rush a glass of water was three ounces of gold..
A persons priorities changes instantly your life is changed..
Excellent post this AM, MR Ure! This is,and most posts, is why I subscribe! A lot to chew on. BTW, youngest Son was in Denton, TX last week. 116 degrees! Whew! Cool and sunny here in lovely Ohio, solar powering like crazy. Stay safe!