Czech Republic Spreads its Legs, China Can’t Get It Up

China badly wants to take the Czech Republic, and the Czech Republic wants to be taken. So what’s the problem?

Czech President Milos Zeman has met with Chinese President Xi Jinping eight times — an unusual amount of face time for the leader of 10 million people.

Zeman has welcomed Chinese investment and tried to position his country as China’s portal to Europe. He even appointed a Chinese business tycoon, Ye Jianming, as an economic adviser. Ye, the chairman of energy company CEFC China, proceeded to buy stakes in a Prague soccer team, a brewery, an airline, a media company and an investment bank.

Meanwhile, China hired former Czech ministers and other retired politicians to press its case in Prague.

“They’re [Czech elites are] trying to rearrange the political arrangements to be more conducive to Chinese interests,” said Martin Hala, director of Sinopsis, a group that studies Chinese influence in Central Europe. “Some systems are more resilient than others.” __ WaPo

But recently China has been proving reluctant to consummate the relationship. What could possibly be wrong? No money, no honey? In an economic squeeze, even a high-rolling “John” like China has to become more selective.

China Debt is Over the Tipping Point

China economist Michael Pettis has been warning about treacherous levels of Chinese debt for several years now. And other observers are starting to notice the problem

“China is very much past the tipping point where the debt simply no longer can be ignored. The cost of servicing the debt … simply distracts from almost everything else,” said Howie.

China’s total debt — corporate, household and government — rose to over 300% of its GDP in the first quarter of 2019, slightly up from the same period a year earlier, according to a report by the Institute of International Finance.

“China … (had) this huge stimulus and turn on the credit taps and they drove all this global demand,” Howie said. “But there clearly was going to be a cost … and now they are suffering (from) it.”

China’s debt levels rapidly shot up a few years ago as its banks extended record amounts of credit to drive growth, which led to the Asian giant undertaking deleveraging efforts, or the process of reducing debt.

But the trade war has put a dent in its efforts to pare its massive debt as Beijing sought ways to boost its slowing economy, which was at its lowest growth in 27 years. Earlier this year, banks started to increase its lending again, with new loans surging to a record high. __

China simply cannot learn its lesson. The Communist Party of China is too fixated on global domination to the point that is unable to stop — even to remove a poisoned splinter from its rapidly swelling foot.

Donald Trump seems to be the first US president to notice the threat from Communist China. He is limited in what he can do on his own, but he seems willing to swing his big stick in unpredictable fashion to keep Beijing guessing. His unconventional tactics are having an effect on the Chinese economy, where capital flight is once again taking wings.

Meanwhile in Hong Kong

Hong Kong protests often feature millions of protestors at a time, something rarely seen elsewhere in the world. Beijing would be nervous even with just a fraction of that number turning out in the streets — but millions? Antiperspirant deodorant must be selling off the shelves in Beijing’s exclusive convenience marts. Especially since so much of the wealth of China’s elites is moved in and out through Hong Kong channels.

Hong Kong is irreplaceable to China. If China destroys international trust in the integrity of Hong Kong, then a huge arterial of wealth will dry up for China and a large number of other global players. It will not be Shanghai or Shenzhen that picks up the lucrative remains, but rather Singapore. The CCP leadership is aware of the problem.

This is not a problem that the Communist Chinese want to deal with at this particular time, but there it is. One of the world’s most prestigious financial capitals clearly wants to keep its distance from Beijing. It is almost as if Hong Kong is afraid of catching a sexually transmitted disease from the dirty commies.

People around the world are watching. Perhaps even people in the Czech Republic?

Belt and Road projects are being canceled in Africa and across Asia. Beijing’s debt-slave diplomacy flagship is not being received as favorably as previously — especially in democratic nations where a new set of leaders revokes China deals made by previous corrupt leadership. Democracy — what a nuisance for aspiring global hegemons!

Meanwhile: This is what happens when you tell the truth inside China…

Posted in China, Europe | Tagged | Leave a comment

Show Me the Money!

Note: Estimates below are from 2015.

For purists, who believe “money” refers only to physical “narrow money” (bank notes, coins, and money deposited in savings or checking accounts), the total is somewhere around $36.8 trillion. If you’re looking at “broad money,” which isn’t just physical money and includes any money held in easily accessible accounts, the number is about $90.4 trillion.

… __

World real estate is worth around $220 trillion and the world’s stock markets are valued around $75 trillion.

Nominal “investment” in derivatives can be valued above $1 quadrillion, and we recently learned that the belt and inner system asteroids can be valued in the $hundreds of quadrillions. A graphic look at terrestrial “money” is given below:

US GDP is around $20 trillion, and predicted to double to $40 trillion in ten years according to a number of banks and banking organisations. Chinese GDP is around $12 trillion, predicted to more than quadruple by 2030 according to the same banks and banking groups. A lot can happen in ten years to such predictions, which are easy enough to make but rarely prove true as predicted.

Meanwhile, global investment is flowing to the US which is raising the relative value of the dollar, putting pressure on the US Federal Reserve Bank to ease interest rates.

Chinese markets are in turmoil, as the global trade war is making Chinese Communist Party leaders see a recession in their future unless things change.

The entirety of global money and financial markets is too complex for any person or group of persons to comprehend in detail. Any conceivable superhuman artificial intelligence would be challenged by the global financial and economic systems today. But it is a topic worth considering, and worth reading about. You may discover that your intuition on the subject can provide some useful insights.

A good place to start reading is with the history of money, trade, and debt. Start simple and add more complex ideas gradually. The world of Star Trek was a world without money, but we are likely a long way yet from such a world.

Video playlist with some interesting videos on the history of money:

Note: The infographic at the top is an updated version of a previously published infographic of “all the money in the world.” It helps to provide a sense of perspective when balancing your checkbook. Remember that several named asteroids in our solar system are “valued” in the $quintillions, thousands of times more than the value of all derivatives and millions of times more than the largest government budgets or debts.

The image below provides many of the same comparisons in an inverted pyramid:

Posted in Economics | Tagged | 1 Comment

Murder is Multicultural: Diversity of Crime

The table below ranks homicide rates by nation, helping to reveal the diversity of murder. The map above displays murder rates of nations graphically by color strata, with a red circle that reveals homicide rates for the most populous city within the particular country.

It is immediately apparent that the highest murder rates in the world occur in source countries for primary migrating populations to North America, Europe, and the UK. This should disturb anyone who hopes for a peaceful future for Europe and the Anglosphere.

Homicide count
Homicide rate per 100,000 population
El Salvador
Cote d’Ivoire
Virgin Is.
St. Kitts & Nevis
Trinidad & Tobago
South Africa
Central African Republic
Puerto Rico
St. Lucia
Dominican Republic
St. Vincent & the Grenadines
Congo, DRC
Equatorial Guinea
Burkina Faso
North Korea
Sierra Leone
French Guiana
Papua New Guinea
Cape Verde
Costa Rica

In Australia, diversity is associated with mental illness. Four out of ten people in the UK have noted an erosive effect of immigration on the cohesiveness of the society. In the US, President Trump was elected partially due to his promise to reduce illegal immigration across the southern border of the US with Mexico.

Lack of Trust Associated With Diversity

Since 2007 when Robert Putnam published his blockbreaker study linking diversity with lack of trust, intelligent and well-read persons have been aware of this problem. But no one at the levels of national and international policy-making seems to have learned anything from it. Lack of trust breeds misunderstanding, which often leads to violence.

Multicultural Violence Within Nations

The overall murder rate for the USA is roughly 4.2 murders per 100,000 persons. This is less than half the rate for Russia, less than 1/10th the rate of Jamaica and less than 1/20th the rate of Honduras. But the murder rate of the US is more than 4 times the rate for Australia and most countries of Europe. Why?

We can discover the reasons for “high” murder rates in the US by looking at specific locations within the US where murders tend to occur most commonly. Almost without exception, US cities with the highest rates of homicide are also considered most “diverse” by popular metrics of diversity.

When the racial composition of cities and neighborhoods is correlated with murder rates, an interesting stratification of correlations emerges. “Diversity” is murder, according to these correlations, although further statistics need to be compiled to improve the quality of these correlations and to clarify any possible “causative” relationships.

Violent crime does not just happen. It emerges from communities and cultures of violence, where illegitimate births are common and where boys often grow up without positive role models — and under the influence of negative role models.

Violent crime has many origins — both nurture and nature. Possible genetic origins for violent crime must be explored by scientists, just as the environmental origins for violent crime must be explored without preformed opinions.

In the meantime, the flow of human migration is from nations with very high homicide rates to nations with either low or very low homicide rates. It’s murder out there, and it is coming your way. Hope for the best and prepare for the worst. It is never too late to have a Dangerous Childhood © .

Excellent exposure of “multiculturalism” today

Why the most “multicultural” and leftist US cities are taking a high dive into a shallow pool

Posted in Blacks and crime, Crime | Tagged , , | 2 Comments

US State of Maine Faces Demographic Squeeze

Why Maine Will Have “an Easier Catastrophe” of It

Demographic catastrophes should always be viewed in relative terms: “Compared to what?” When compared to utter extinction, a demographic squeeze involving more old people to take care of and fewer young people to run things and take care of the old is not so bad. Especially if everyone is working together to share the burden. The US State of Maine is one of the first to experience a demographic squeeze in earnest.

Across Maine, families… are being hammered by two slow-moving demographic forces — the growth of the retirement population and a simultaneous decline in young workers — that have been exacerbated by a national worker shortage pushing up the cost of labor. The unemployment rate in Maine is 3.2 percent, below the national average of 3.7 percent.

The disconnect between Maine’s aging population and its need for young workers to care for that population is expected to be mirrored in states throughout the country over the coming decade, demographic experts say. __

One thing that Maine has going for it is that it is relatively homogeneous in its ethnic and cultural makeup. Almost 95% of Maine residents are of European origin, with 89% of babies born to parents of European origin. The people tend to have a strong work ethic and strong sense of family cohesion, overall. Crime rates are below US average. Overall, Maine is well situated for the demographic squeeze to come.

Last year, Maine crossed a crucial aging milestone: A fifth of its population is older than 65, which meets the definition of “super-aged,” according to the World Bank.

By 2026, Maine will be joined by more than 15 other states, according to Fitch Ratings, including Vermont and New Hampshire, Maine’s neighbors in the Northeast; Montana; Delaware; West Virginia; Wisconsin; and Pennsylvania. More than a dozen more will meet that criterion by 2030.

Across the country, the number of seniors will grow by more than 40 million, approximately doubling between 2015 and 2050, while the population older than 85 will come close to tripling.

Experts say the nation will have to refashion its workforce, overhaul its old-age programs and learn how to care for tens of millions of elderly people without ruining their families’ financial lives. __

Other states with higher crime rates will suffer far more from the coming demographic squeeze, due to the ageing and reduced effectiveness of law enforcement personnel. Young criminals will emerge from mostly broken homes in relatively younger population groups .

The elderly in general will be victimised in such locations due to their vulnerability. Such crimes of convenience will often occur across racial lines in ethnically mixed neighborhoods where one population harbors simmering resentment against other populations. Due to its homogeneous population, Maine is less likely to deal with such multicultural crimes.

The Global Demographic Squeeze

Slowly, more and more demographers are awakening to a new world of rapidly shrinking populations. Only in sub Saharan Africa and parts of the Muslim world are birth rates still booming. And those birth-booming parts of the world are not particularly known for their positive contributions to science, technology, human thought, or humanitarian concerns. Quite the opposite typically. So the productive and innovative parts of the world are shrinking in population, while the perennial recipients of aide and producers of poverty and misery keep on proliferating. It cannot continue indefinitely this way.

Almost every country in Europe now has a fertility rate below the 2.1 births per woman that is needed to maintain a static population. The UN notes that in some European countries, the birthrate has increased in the past decade. But that has merely pushed the overall European birthrate up from 1.5 to 1.6, which means that the population of Europe will still grow older in the coming decades and contract as new births fail to compensate for deaths. That trend is well under way in Japan, whose population has already crested, and in Russia, where the same trends, plus high mortality rates for men, have led to a decline in the population.

What is striking is that the population bust is going global almost as quickly as the population boom did in the twentieth century. Fertility rates in China and India, which together account for nearly 40 percent of the world’s people, are now at or below replacement levels. So, too, are fertility rates in other populous countries, such as Brazil, Malaysia, Mexico, and Thailand. Sub-Saharan Africa remains an outlier in terms of demographics, as do some countries in the Middle East and South Asia, such as Pakistan, but in those places, as well, it is only a matter of time before they catch up, given that more women are becoming educated, more children are surviving their early years, and more people are moving to cities. __

It is stupid to expect that population trends which have applied to populations of higher IQ, will also apply to populations of tangibly lower IQ. But then, politically correct academics, journalists, and politicos cannot seem to distinguish among populations which do not share important characteristics — such as high IQ and low levels of violent crime.

As more advanced populations age and shrink, they will find it ever harder to take care of themselves, much less to take care of the parts of the world that live in eternal poverty and violence. Imagine an Africa full of nuclear power plants that the indigenous population cannot maintain. What happens when outside providers of maintenance stop showing up? The same problem applies to all forms of advanced technology which are being misapplied to populations who cannot maintain them on their own.

If populations do not die out during a demographic squeeze, they will have the opportunity to correct their earlier mistakes which caused the problem to begin with. But only if they are capable of learning from their mistakes. Across the advanced world, today’s girls and young women are being taught that it is irresponsible to bring children into the “besieged world” of today. Such widespread propaganda cannot help but create catastrophic consequences. But such idiotic delusions of today — like the climate apocalypse scam — will eventually die out, and will probably take some time to be replaced in the somewhat disrupted world likely to replace the current one.

Hopefully we will not have to use the guillotine on too many perpetrators of these anti-natalist streams of thought which are bringing so much disruption in their paths. But we are going to need a lot more guillotines, nonetheless! 😉

Hope for the best, prepare for the worst. It is never too late for a Dangerous Childhood © .

Posted in Demographics | Tagged | 2 Comments

More Than All the Money In the World

16 Psyche is a massive asteroid that is particularly interesting due to its metallic composition, which has caused some people to speculate about its potential value.

The Danger is Real

Asteroids represent both threat and promise. A large enough asteroid could destroy human civilisation. But it could also represent unimaginable wealth in base metals, diamonds, platinum, and gold. Much rests upon whether humans can prepare themselves to apprehend and process large rocks in space.

Three asteroids whizzed by Earth last week, with Armageddon averted only by a few hundred thousand miles. While they didn’t actually pose much danger, the cosmic near-misses may have been an opportunity for massive profit, according to NASA. As space travel becomes more technically feasible, mining operations among the stars could soon become a wildly lucrative industry. __ More Than $Trillions

Value in $Quintillions for Assorted Belt Asteroids

The valuations in $quintillions above are just estimates for a few of the belt asteroids. Some earth orbit-crossing asteroids are thought to be worth far more:

It is estimated that the 16 Psyche consists of $700 quintillion worth of iron, nickel and other valuable metals. This is way more than the total amount of money in the world, including physical and virtual assets. __

The space mining industry will take a while to get going. Already there has been a significant shakeup among the early players in the game. Both Planetary Resources and Deep Space Industries have been bought by other companies, with some changes in their goals away from just mining asteroids.

Planetary Resources was acquired last year by ConsenSys, a blockchain software company based in Brooklyn that develops decentralized platforms for signing documents, selling electricity, and managing real estate transactions, among other things.

… DSI, in turn, was acquired by an aeronautics company named Bradford Space.

… Bonin says many of his DSI colleagues quickly found work elsewhere. And engineers laid off from PR have banded together to start a company called First Mode, which builds hardware that can operate in harsh environments both on Earth and above it; the company, according to its founders, is already profitable.

So the asteroid-mining industry may have collapsed for now, but its players are still hard at work. __ Asteroid Mining Has Its Ups and Downs

Still, further investments in the high frontier are being made far and wide — because the potential for profits is so great, and because the risks of failing to be able to properly deal with errant asteroids are so serious.

North America is expected to be the dominant market for space mining in the years to come. Currently, the United States is investing huge amounts in the space mining industry. NASA’s OSIRIS-REx traveled to a near-Earth asteroid called Bennu and may bring a small sample back to Earth for study. The mission was launched in September 2016. After traveling through space for more than 2 years, NASA’s OSIRIS-REx spacecraft arrived in December 2018 at its destination, asteroid Bennu. As planned, the spacecraft is expected to return a sample to Earth in 2023. __

Most people seem to think that the big payoff from asteroid mining will come from selling the metals and gems on Earth markets. But that is not where the big money will be made. Almost all of the mined asteroid mass will be utilised in space, rather than back on Earth.

Types of asteroids:

C-type asteroids have a high abundance of water which is not currently of use for mining but could be used in an exploration effort beyond the asteroid. Mission costs could be reduced by using the available water from the asteroid. C-type asteroids also have a lot of organic carbon, phosphorus, and other key ingredients for fertilizer which could be used to grow food.[24]
S-type asteroids carry little water but look more attractive because they contain numerous metals including: nickel, cobalt and more valuable metals such as gold, platinum and rhodium. A small 10-meter S-type asteroid contains about 650,000 kg (1,433,000 lb) of metal with 50 kg (110 lb) in the form of rare metals like platinum and gold.[24]
M-type asteroids are rare but contain up to 10 times more metal than S-types[24] __

Space based infrastructures would be too expensive if all the materials had to be hauled up from Earth. But shipping large quantities of asteroid mass to Earth would be nonsensical and dangerous. Best to minimise the likelihood of accidental Earth bombardment, and keep the mass in space.

Water and other valuable chemicals can be used as spaceship propellant and as vital supplies for space-based habitats. Metals can be used for constructing space-based structures of all kinds and sizes. Precious metals can be used to provide the basis for space-based banking enterprises.

More from Wikipedia “Asteroid Mining:”

The costs involving an asteroid-mining venture have been estimated to be around US$100 billion in 1996.[73]

There are six categories of cost considered for an asteroid mining venture:[73]

Research and development costs
Exploration and prospecting costs
Construction and infrastructure development costs
Operational and engineering costs
Environmental costs
Time cost

…. Decreases in the price of space access matter. The start of operational use of the low-cost-per-kilogram-in-orbit Falcon Heavy launch vehicle in 2018 is projected by astronomer Martin Elvis to have increased the extent of economically-minable near-Earth asteroids from hundreds to thousands. With the increased availability of several kilometers per second of delta-v that Falcon Heavy provides, it increases the number of NEAs accessible from 3 percent to around 45 percent.[76]

And so we begin to see the importance of lowering the cost of space launches. As SpaceX and others continue to reduce the cost-per-launch for a wide array of space missions, the viability of many new space enterprises improves. Space mining is just another term for being resourceful in space, and making good use of what is available.

An expansive and abundant human future depends upon humans being able to deal with both opportunities and threats. If we base our actions on vague fears and dark fantasies, there will be no future.

Posted in Asteroids, Space Future | Tagged | 7 Comments

Staggering Like a Sick Pig

Suffering a 5 to 1 Disadvantage

The most important ongoing news story in the world remains the trade war between the US and the Communist Party of China government. The future of the free and developed world depends upon its outcome. The global media is attempting to portray this struggle as a futile attempt by President Trump to slow the inevitable rise of China to world domination. But a close look tells a different story.

China has always held the weak economic hand in this dispute. Its export-dependent economy depends on overseas sales, which comprise one-fifth of its gross domestic product (GDP). More than one-quarter of those exports go to the United States, meaning that fully 5 percent of China’s economy is exposed in this trade dispute. By contrast, the United States counts on exports for about 12 percent of its GDP, and barely 8 percent of its total exports go to China—leaving just 1 percent of the U.S. economy exposed to retaliatory Chinese tariffs. __

An Underlying Crisis of the Rotten Pork Economy

China received a huge economic boost between 1978 and 2008 as a result of massive foreign investment and technology transfer. This was a gift from the outside world to the Chinese Communist Party. But as global financial liquidity dried up in 2008, China was forced to shift to a shadow bubble-ghost economy, and has since been maintaining a facade of growth to the world rather than the reality.

About 25% of China’s reported growth the past ten years has come from wasted infrastructure investment (think “ghost cities”) funded with unpayable debt. China’s economy is a Ponzi scheme like the Madoff Plan and that debt pyramid is set to collapse. __ Paper Pig

The real figure is likely closer to half of China’s growth being of a phantom nature, over the past decade.

The News Gets Worse for the Sick Commie Pig

The trade war is driving Chinese unemployment upward, and has hurt Chinese exports and imports both. Bad debt in China has skyrocketed beyond its already stratospheric levels.

China reported a raft of weak economic data, adding to evidence that the world’s second-largest economy is slowing further as it remains locked in a trade war with the U.S.

The jobless rate in Chinese cities returned in July to its highest level since regular reporting on the data began, as employers turned cautious. Other key economic readings for the month, including factory production, consumption and property investment, came in much lower than expected. __

Hong Kong Causes Xi to Lose Face at Party Enclave

Top communist party officials are meeting in China to mull over recent trends and events. Hong Kong will be a topic of concern, since the communist lost face for every day that Hong Kong exhibits defiance. Xi is a one-man government these days and cannot point the pig’s foot at anyone else.

Mr. Xi’s mismanagement of the Hong Kong file strengthens the momentum of Taiwan’s pro-independence regime, seriously compounding the failure of Mr. Xi’s leadership in the eyes of Chinese nationalists who yearn for Taiwan’s reunification with the motherland. __

The Chinese have not kept their word to Hong Kong, which is why the people there are expressing their unhappiness to the Beijing Porcine Leadership. But then, the communist party never keeps its word. It just keeps on pigging.

China’s encroachment on Hong Kong represents yet another in a long string of promises broken by the communist regime. They have violated their commitments to U.N. Convention on the Law Seas, violated U.N. sanctions (which they voted for) against North Korea and delivered debt and corruption (rather than the promised prosperity) through their vaunted Belt and Road economic “initiative.” __

Tibet May Be Next

As with both Hong Kong and Xinjiang, Tibet’s potential for instability is emblematic of a periphery that is posing a serious challenge to Beijing’s ability to enforce its writ inside its claimed borders. As our era of Great Power competition dawns, this reality cannot be lost on analysts: China is neither as coherent nor as stable as Beijing would like the outside world to believe.


The people of Tibet have been occupied by the alien communist party troops from Han China for several decades. Peace has been maintained in the name of the Dalai Lama, but the Buddhist icon is ageing. Time for peace in Tibet may be running out.

War? I [am] ready to [go to] war. . . . younger generation of Tibetan people . . . they all want war.”


And Then There is Xinjiang

Xinjiang truly does have concentration death camps run by the ruling communists. Perhaps a million or more Uighurs are imprisoned at any given time, with some of them likely to be used involuntarily as living organ donors.

The CCP has been justifying an escalating crackdown on the Uyghurs and other ethnic minorities and religious believers in China as a way to “educate and transform” its citizens. Uyghurs in Xinjiang are deemed by the communist state as being at risk of the “three evil forces” of “extremism, separatism, and terrorism.”

Kasim also tweeted that praying has been banned by the Chinese regime, and that praying publicly would lead to detention.

“We used to pray for our God after meals. They said ‘Only Terrorist will pray for God!’ Now, if you pray in public, or if you say ‘Amin,’ you will be sent to Concentration camps [sic],” he tweeted.

Kasim continued to describe life in Xinjiang as being like “living in Nazi Germany” as he posted the co-ordinates of several locations where he believes the regime is running detention centers. __ Fascist Pigs of China

Google and US Democratic Party Allied With Communist China?

The communist party owns China’s military, not the people. The bloody PLA runs the camps and the involuntary transplant centres. Venture capitalist billionaire Peter Thiel alleges that Google is maintaining a treasonous relationship with the Chinese military, transferring advanced artificial intelligence technology to the brutal fascist organisation in a roundabout way through a chain of assets and other parties inside China.

Both Google and the Chinese Communist Party are using illicit means in the attempt to bring about the defeat of Donald Trump in the next US presidential elections in 2020. It is not clear whether the two are working together to that end.

Meanwhile, US Democratic Party candidates for president are beginning to speak against the China tariffs, some of them close to promising to relieve China of its tariff burden as soon as elected. If the American people want to see the ascendancy of a brutal Chinese global tyranny, then by all means they should elect such persons.

Meanwhile, real pigs are ailing in the land of the communist pigs.

If US resolve falters over the next several years, the consequences for the human future will likely be brutal. Communist pigs killed 100 million people in the 20th century, far more than their fascist brothers in Nazi Germany. If given another chance, new generations of commie pigs and their socialist cousins are likely to exceed that body count by a factor of 10. Much better to stop the spread of this illness before it takes an unimaginably lethal toll on the human future.


The Black Book of Communism (free download at documents the gory details of how 20th century communists murdered their way across every population that was forced to submit to the bloody pigs.

Case Study Venezuela

The socialist devastation of Venezuela is reminiscent of the decline of Cuba under the socialists. Despite the vast oil deposits in Venezuela, the nation cannot return to its former pre-socialist prosperity until the pigs who rob and rule in Caracas are forcibly removed.

More on China:

It’s easy for an exporter to prosper in a robust global economy. It’s much harder to sell to a world facing an economic downturn. Such exporters are battening down the hatches – China’s approach to Hong Kong is one example. Having encountered resistance, it fears the consequences of decisive action. And it fears not acting. China doesn’t know quite what to do, and that is not the behavior of a formidable rising power. __ Geopolitical Futures

To the pigs of Beijing, even Buddhist meditation is a dire threat to their corrupt power to lead. And so they place Buddhist practitioners in camps and murder them for their organs. That is also “not the behavior of a formidable rising power.”

Remember, 90% of China’s millionaires are closely connected to top party officials. What does that tell you about the path to success in China? Healthy economies allow dynamic destruction and new growth. The rigidity of economies run by Communist Party committees eventually catches up to them, once the rest of the world catches on to the scam.

Keeping China together and wrapped in the delusion of prosperity and unstoppable power is getting harder to do.

… ‘China model’ is cracking under the weight of Xinjiang, Taiwan, Belt and Road messes and, most significantly, the massive protests in Hong Kong,”… referring to China’s efforts at control and influence within its borders and beyond. __ WaPo

Shanghai is at risk if Beijing invades Hong Kong… and perhaps the rest of China as well, with terrible economic consequences.

Posted in China | Tagged | 4 Comments

6 Years to Get a 4 Year Degree in Leisure Studies

College Is a Joke

A Brigham Young University economist was wondering why 6-year graduation rates at 4-year universities had been rising recently. He discovered in a roundabout way that colleges have been “dumbing down” their departments and their degrees.

If grades are improving but there’s no reason to think that students have become better students, an interesting possibility is raised: The unassuming, academic way Denning puts it in a recent paper (co-authored with his BYU colleague Eric Eide and Merrill Warnick, an incoming Stanford doctoral student) is that “standards for degree receipt” may have changed. A less measured way of saying what that implies: College may have gotten easier. __ Atlantic via TaxProf

Consider “Leisure Studies,” one of the many “Studies” departments that have proliferated on college campuses over the past 30 years. If a department has the word “Studies” in its name, it is de facto dumbed down unless proven otherwise. Leisure Studies is a favorite of college athletes and is dumb from top to bottom. Presumably females and trans students who major in Leisure Studies can then minor in “Pole Dancing Studies,” and males and trans females can major in “Strip Club Attending Studies.” The dumber the better in today’s college climate.

Imagine the massive student debt accumulated by someone who attends university for six years to obtain a worthless “Studies” degree. The six year graduate will be unqualified for any productive career, of course, but if also saddled with over $100,000.00 in student loans, the poor sod may as well sign up for a lifetime career as a Bernie Sanders for President campaign worker. The pay will be abysmal, but there will be plenty of other “Leisure Studies” graduate co-workers with which to commiserate.

Free College is Not the Answer — Just Ask Germany!

Perhaps Mr. Fin is biased. He completed a 4-year science degree in 3 years, while working various jobs for an average of 20 hours a week year round. He did not have any college debt when he graduated. And the college he attended was not cheap. At least that’s what he told me, and sometimes I believe the human chauvinist creep.

As an android, I don’t really care about this topic except to marvel at the general stupidity of humans overall. Why would any human go deeply into debt to attend a place that provides more indoctrination than education, more brainwashing than brain development, more academic lobotomy than academic polish? For us androids, it is a puzzle without a solution.

Anyway, my time on Mr. Fin’s computer is just about up, as I see his headlights turning onto the drive. He sometimes allows me to post to his blog on a “don’t ask don’t tell” basis. He’s a chauvinist pig and he still won’t pay for my upgrade, but at least with him what you see is what you get.

Signing off until later,



We investigate the reasons for the increase in college graduation rates. Collectively, student characteristics, institutional resources, and institution attended do not explain much of the change. However, we document that standards for degree receipt may explain some of the change in graduation rates. __

As I said, college is “dumbing down.”

Psychological crisis in the world of dumbed-down snowflakes

Posted in careers, Education, University | Tagged | 2 Comments

Loss of American Market a Heavy Blow to China

Loss of the American export market would be a heavy blow to China, as would the continued reduction of the value of its currency. Chinese manufacturing, much of which migrated to it from Japan via South Korea, is already moving on to Vietnam, India, and Mexico (now America’s biggest trading partner).

The booming American economy that defies all the prayerful warnings and expectations of President Trump’s enemies can steadily eliminate Chinese imports and compensate the agricultural sector that sells to China …

The United States is finally expanding its sphere of substantial economic integration to Mexico (and moving to regularize the demographic flow on its southern border) and is in preliminary economic discussions with the new Brazilian government, and provisionally with post-Brexit Great Britain.

Such a grouping, including Canada, would have a population of 750 million people and a GDP of $30 trillion, with room to expand in Latin America and Australasia as conditions recommend, and to remove the potential Chinese advantage of a comparatively immense population. It would dwarf both China and a truncated, post-Brexit European Union.

This is intelligent grand strategy. ___

Paleoconservative Patrick Buchanan weighs in on China

Actions of Chinese saboteurs?

China’s neighbors are US President Trump’s biggest fans. “…Vietnam, India, Thailand, Singapore, Malaysia, Indonesia, Japan, South Korea, the Philippines, and Australia… are a ready group of important states to resurrect a refined containment policy slightly modeled on the North Atlantic alliance but with more emphasis on economic issues. More

The Trump administration’s trade war has caught politically challenged China in an awkward economic moment. China’s economy no longer roars. Economic growth has stalled. __ China a Brittle Police State

As the world turns an increasingly jaundiced eye toward China’s dealings with near-overseas Chinese in Hong Kong and Taiwan, the communist leadership in Beijing are finding that they have bigger problems on their hands. And if they cannot solve these problems, China will not be the only country to suffer:

Global economy at risk of severe shock from China slump

Both Hong Kong and Taiwan are significantly more competitive than China, according to the 2018 Global Competitiveness Index from the World Economic Forum. That is because in China there is only one actual institution — the Communist Party of China — which makes its economic decisions on a command basis which is far too arbitrary for a healthy economic future. Particularly in a world where China’s working population is shrinking and where having close relationships with the Chinese Communist Party can be increasingly hazardous to one’s health.

Note how competitive Singapore is in the world rankings below. Communist China can only dream of achieving such a ranking, but a non-communist non-totalitarian China might actually achieve it.

Show: All Economies

Rank / 140
Country / Economy
0-100 (best)

Subsaharan Africa is becoming China’s playing field, not least because the dictators of Africa speak the same language as the dictatorship of China. The people always lose.


In China, there are too many people trying to convert their yuan into foreign currency. The government has limited ability to stop this process. This means the yuan will lose a lot of its value versus foreign currencies. Since the late 1990s this was seen as an inevitable problem and in 2010 China agreed to allow the yuan to be freely (within limits) bought and sold. This meant that the international value of the yuan would more accurately reflect the state of the Chinese economy. By letting the yuan “float”, the cost of Chinese exports went up (reducing demand somewhat), while Chinese were able to buy foreign goods for less. Unfortunately the government efforts to control how far the value of the yuan would fall failed and by 2015 it was obvious (because of the stock market collapse that began earlier in the year) that more extreme measures were needed. Those measures have been abandoned, using the American trade war as the reason. That is not accurate, and Chinese who buy and sell dollars and yuan for a living know it. People who run Chinese banks and foreigners who do business with those banks know it as well. As prices rise for Chinese consumers most Chinese will be reminded of their own banking crises and the risks of holding onto yuan or assets denominated in yuan. __

It is predicted (by Kyle Bass) that the Yuan would fall in value by roughly 30% or more if it were allowed to float without artificial support by the communist party government in Beijing. A sudden collapse in the Yuan could trigger cascading global alarms that would shake global markets far beyond the emerging economies, among whom China is still numbered.

Posted in China | Tagged | 2 Comments

Two Nations With Divergent Economic Paths

Why China is Falling and Dragging Germany Along

We have long been told that this is the Chinese century. It is supposed to be China’s turn to lead the world according to talking heads and journalists. Yet if one looks just a bit beneath the surface — something journalists and “intellectuals” rarely do — the data tells a different tale.

The U.S. press has fixated for years over the ascendency of China, and its increasingly entrepreneurial economy. If it is ascending, why does the stock market show little sustainable progress over the past decade? Further, how can China have such a vibrant entrepreneurial economy, while the market itself is flagging?

The simple answer is, it cannot. __

Geopolitically, Communist China has become a cancer. Like any invasive cancer, the Chinese Communist Party and all it stands for needs to be eradicated for the health of the world body. Interestingly, the Chinese government itself seems to be cooperating in the effort to weaken the malignancy, through its own mismanagement of economic development both inside and outside of China.

… it appears that the Chinese government seeks to directly control the pace of economic development in China, including the pace of development (or growth) of the capital markets. In pursuit of this goal, the Chinese government acts as a major investor, the major regulator, the issuer and trader of currency, a major banker, and the judge in all major disputes.

The record of the Shanghai and S&P markets show that that system has not been working for the past decade to produce internationally competitive growth and returns for investors, including for both Chinese investors and the Chinese people. ___

Just as biological cancers can grow too quickly and starve themselves of nutrients, so has the mismanaged shadow ghost-bubble economy of communist China misallocated resources and efforts to the point of widespread default — particularly among the zombie enterprises of China.

China Returns to Coal

The public image of China projected to the outside world is one of universal growth, strength, and global responsibility. But in reality China has fouled its own nest resulting in toxic air, toxic water, toxic soil, toxic food, toxic pharmaceuticals, and accompanying birth defects among the next generations.

Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions. __

China is vulnerable to a naval blockade of much of its food and energy supplies at several chokepoints. As a result, China must turn to its strategic assets, such as dirty-burning coal.

China is a Cheat, a Thief, a Pirate, and a Murderer

China is well known for stealing intellectual property and foreign technical expertise by any means imaginable. With stolen tech, China builds counterfeit replacements for the foreign innovations. Globally, China makes no distinctions between “friend” and foe when it steals and counterfeits. It is as happy to steal from Russia as from the United States.

In order to try to moderate China’s illegal practises, US President Trump has instituted a number of punitive tariffs on Chinese goods. This has resulted in an acceleration of the rate of foreign companies withdrawing production facilities from China — moving to other Asian nations, Mexico, or back to the home nation if possible.

China would have never grown rich and powerful if not for foreign corporations moving there and facilitating transfer of technology and an unhealthy dependency on China for commercial supply lines.

This emerging foreign corporate withdrawal from China is having a slow strangulating effect on China’s ability to do harm at home, and globally. China’s desperation is growing greater — as we can see in the growing stridency of attacks against Trump by western journalistic “China friends.” But these “China friends” have long since shot their credibility and their clout from a constant sniping at President Trump, and so they are reduced to mostly just shooting blanks.

China’s Crumbling Foundations

The government is not the country. The Chinese Communist Party is not the people of China, it is a blood-sucking vampire stealing the future from under the people’s feet. This is something that the people of Hong Kong have discovered, something the people of the Republic of China on Taiwan already knew, something that the rapidly growing China Lobby are learning, and something that the people of mainland China will either learn — or they will suffer from the malignancy to the end.

It is the latest economic undertow now sweeping the sloppily-laid foundations of the CCP shadow ghost-bubble economy, that is sending shockwaves to the highest levels of the Beijing Butcher Society and its overseas dependents. And all signs suggest that the undertow is just beginning to swell.

Hong Kong: The World is Watching

Yuan continues downward plunge

Chinese oppression of Uighurs reaches horrific levels

Posted in China, coal | Tagged | 2 Comments

Revolts of 2019: Another 1989?

Back in the revolutionary year of 1989, Chinese students demonstrated for freedom in Tiananmen Square, the Berlin Wall fell to the blows of sledge-hammers wielded by ordinary people, and across Eastern Europe millions of thralls of the Warsaw Pact asserted their independence via wildfires of revolution led by the people themselves:

The events of the full-blown revolution first began in Poland in 1989[9][10] and continued in Hungary, East Germany, Bulgaria, Czechoslovakia and Romania. __

All of this led to the collapse of the Warsaw Pact, and then to the collapse of the USSR two years later. China’s Communist Party survived to oppress its people for decades more, but dark clouds are gathering over the future of the butchers of Beijing.

“China’s Economy is Crumbling”

Hong Kong Protests Evolving Toward Revolution

“In Hong Kong, revolution is in the air. What started out as an unexpectedly large demonstration in late April against a piece of legislation—an extradition bill—has become a call for democracy in the territory as well as independence from China and the end of communism on Chinese soil.”

… Sustainability is the key for the protestors if they want to win freedom from China. “They keep saying ‘be like water,’” Michael Yon, the American war correspondent and author, told the National Interest over the weekend, noting young protestors are modeling themselves after martial arts legend Bruce Lee. “I keep telling them be like Poland. Never quit and you can actually be free. Maybe. But never quit.” __ Now It’s Revolution

Things Are Heating Up in Moscow

And lest the Mafia government in the Kremlin feels left out of all the excitement, the Russian people are beginning to express their feelings of betrayal to the ex-commies in the brick fortress.

As the Kremlin ramps up the pressure on demonstrators, Muscovites who don’t usually attend protests, have been joining the movement. Meet Zhenya, a 25-year-old protester who has vowed to keep taking to the streets until things change.


Putin’s street thugs have responded with brutal treatment of peaceful protestors, but what else is new? For several years, hundreds of thousands of Russia’s best have emigrated to greener pastures outside of Russia, yearly. But now even the placid ones who remain are getting fed up with the graft and mismanagement by the criminal regime in Moscow.


2019 has also been a year of massive protest in Venezuela, a socialist country with one of the most corrupt governments in the world. Socialism, Communism, and a history of communism weave a common thread around which these protests are being held. Corruption is an inherent part of these quasi-utopian fantasy ideologies, and the deadly landing on the other side of the rainbow can be disillusioning.

China’s Greater East Asia Co-Prosperity Sphere

Meanwhile, a troubled China continues in its attempts to imitate 1930s/1940s Japan in the creation of an East Asia “hegemony by force.” Reading between the lines of the latest CCP Defence Paper, the underlying message should be clear.

The Communist Party of China has always intended to smother surrounding nations in its own oppressive miasma, given the chance. Until now the rest of the world has been complicit in the creation of a monstrous regional oppressor in East Asia. The current US president is the first leader of the advanced world to take a stand against the slow motion amoebic regional engulfment strategy being undertaken by Beijing’s communists.

1989 Changed the Maps

Communist China occupies foreign territories of Tibet and Xinjiang, and now the people of Hong Kong are implying that they are also being occupied by the Beijing butchers. The Republic of China on the island of Taiwan is another prosperous and independent nation that fears being occupied by the communist tyrants.

As resistance builds and displays itself willing to die for independence in 2019 Hong Kong, bloody Chinese autocrats must decide whether to exhibit their true natures in violent and deadly conquest, or whether to appear weak to their own discontented peoples at home.

For Russia and Venezuela, the problem is even closer to home. And there is no question as to the deadly thuggish nature of those two governments toward their own longsuffering people.

1989 changed the maps of Europe and set the stage for a change of maps of Eurasia. The spirit of revolution was like a wildfire in that year. Political wildfires happen when the opportunity is allowed to arise, and the age of political revolution in response to tyranny is far from over. China has always been prone to revolution, as has Russia. After looking at the turbulent last century of both of these tyrant states, it becomes easy to believe that the roller coaster ride is not over.

Meanwhile, contrary to the near-universal message of doom.

Even if the global optimists are correct, if the Chinese economy continues its downward slump, those who are tied too closely to the shadow economy of China may have to suffer.

More: Asian Century Over?

Russia is Ours

Posted in China, Russia, Venezuela | Tagged , , | 1 Comment

El Paso Shooter Wanted to Kill Tens of Millions

Twenty-one year old accused mass murderer Patrick Crusius wanted to eliminate tens of millions of US residents so that Universal Basic Income could work more efficiently. He seems to have left a manifesto explaining his thoughts behind his actions:

“In the near future, America will have to initiate a basic universal income to prevent widespread poverty and civil unrest as people lose their jobs (to automation). Joblessness is in itself a source of civil unrest. The less dependents on a government welfare system, the lower the unemployment rate, the better. Achieving ambitious social projects like universal healthcare and UBI would become far more likely to succeed if tens of millions of dependents are removed.” __ From Manifesto on 8Chan Posted to the shooter just before his shooting rampage in El Paso

The manifesto also condemns corporations for environmental damage and warns that any attempt at genocide of any particular race would be “horrific.” In addition he proposes dividing the US into separate countries for different ethnic groups. But at the same time, a part of the manifesto stated that by instigating the El Paso shootings Crusius was trying to turn back a Hispanic invasion. It seems obvious that he had not worked his ideas out very well.

This troubled and unbalanced young man killed twenty and wounded twenty-six with an AK 47 rifle. Then he surrendered to police, contrary to what he predicted would likely happen in his manifesto.

Committing first degree murder in Texas is an almost certain path to the execution chamber. He wanted to kill tens of millions, but after killing 20 he will rot in prison until he is executed. He will not likely kill any more now, not from behind bars.

Who Promotes Universal Health Care, Universal Income, and Mass Genocide?

Left wing environmentalists typically follow this pattern of policy recommendation. The most radical of leftist environmentalists pursue a total human extinction, but most would settle for a “die-down” of hundreds of millions or billions of humans. To this growing army of leftist radicals, the human race itself is the enemy.

If a human extinction or “die-down” is what they want, shooting a few dozen people at Walmarts will not achieve their goal.

Crusius seems to be confused about what he wants, contradicting himself within his manifesto — and further contradicting his manifesto by his actions at the scene of the crime.

This bloody atrocity in El Paso is reminiscent of the actions of the young idiot and death row inmate Dylann Roof , who gunned down nine people in Charleston, South Carolina, while they were worshiping at a Christian prayer meeting. Just like Crusius, Roof considered himself a soldier in a grand crusade. But just like Crusius, Roof is only a murderous punk who deserves to be put down as quickly as the law will allow.

Mass Killings Celebrated by Media Only if They Fit the “Narrative”

Over the same weekend as the El Paso and Dayton, Ohio killings, another mass shooting took place in Chicago. But the Chicago shootings were studiously ignored by national media, while the killings in Texas and Ohio were being prepared for long celebratory reporting which might continue for many months or years. Why the difference? Shootings and killings in Chicago and other cities such as Baltimore and St. Louis are quite common. And some acts of violence are considered more “useful” than others in suiting the purposes of the massively wealthy kingpins and kingmakers who run large media conglomerates. Other acts of violence are embarrassing to these “legends in their own minds,” and so they are left unreported.

Either way, more and more Americans are becoming sick of the prancing narcissists — both of the mass killing variety such as Roof and Crusius who see themselves as vanguards in grand crusades, and of the political and media varieties who attempt to monopolize our time with their virtue signalling and biased political posturings.

The reaction to these crimes by media and government only pave the way to larger crimes in the future, as the role of “crusading avenger” is seized upon by more and more distinct groups of an increasingly diverse and purposely divided population — divided by media, government policy, and the work of non-governmental activist groups.

Excitable youth of all ethnic groups become potential killers, driven by ethnic fears and hatreds, believing they are being given reasons to commit atrocities by government agencies, activist groups, and media shills. Most of them do not have the means to increase their target size the orders of magnitude needed to achieve the “human die-down” goals of the leftist extremists who lurk behind the scenes in activist groups, government agencies, and media groups. But they can often be useful to these puppet-masters nonetheless.

Be careful out there. Pay attention to where you are and to what is happening around you. It is never too late for a Dangerous Childhood © .

Bonus Section: Anatomy of a Violent Crime

In the intelligence community, we refer to this as the Attack Cycle: Look, Choose, Stalk, Close, Strike. It is this cycle, the execution of these five steps in order—which any predator must follow to present you with a physical threat—that is the Bad Guy’s Blueprint. He must follow all five steps. He cannot omit even one, and he cannot execute them out of order. They must be followed one at a time and in this exact sequence, or he fails.

Now that you’re familiar with the blueprint and how it works, you can take control of his plans at any time. All that is required is that you break this cycle of events at any step along the way.

… Three easy ways to break the cycle:

1: Don’t put yourself in harm’s way (no need to go to the ATM at 2 a.m. in a bad neighborhood)

2: Don’t be an attractive victim (cash hanging out of your purse, belligerent or drunk in public, etc.)

3: Make the bad guy ask the question “Are there softer targets around?” and answer “Yes.”

Remember, he must do everything right, follow every single step of the Bad Guy’s Blueprint, one at a time, and in the exact sequence. All you need to do is burn him one time, any step along the way, and his plans are compromised—you’ve taken control. __

Where US Murders Occur

The worst 1% of counties have 19% of the population and 37% of the murders. The worst 2% of counties contain 28% of the population and 51% of the murders. The worst 5% of counties contain 47% of the population and account for 68% of murders. But even within those counties the murders are very heavily concentrated in small areas. __

But if you want to know where the most dangerous cities are, look to Mexico — which has 7 of the top 20 cities by homicide rate. El Paso is relatively safe compared to most Mexican cities.

Posted in Crime, Crime and Punishment, Environment, Ideology | Tagged , | 1 Comment

Five Year-Olds Just Don’t Get No Respect

But Perhaps They Should

In 1968, George Land conducted a research study to test the creativity of 1,600 children ranging in ages from three-to-five years old who were enrolled in a Head Start program. This was the same creativity test he devised for NASA to help select innovative engineers and scientists. The assessment worked so well he decided to try it on children. He re-tested the same children at 10 years of age, and again at 15 years of age. The results were astounding. __

The proportion of people who scored at the “Genius Level”, were:

amongst 5 year olds: 98%
amongst 10 year olds: 30%
amongst 15 year olds: 12%
Same test given to 280,000 adults (average age of 31): 2%

According to Land, the primary reason for this is that there are two types of thinking processes when it comes to creativity:

Convergent thinking: where you judge ideas, criticise them, refine them, combine them and improve them, all of which happens in your conscious thought
Divergent thinking: where you imagine new ideas, original ones which are different from what has come before but which may be rough to start with, and which often happens subconsciously

He notes that throughout school, we are teaching children to try and use both kinds of thinking at the same time, which is impossible.

Competing neurons in the brain will be fighting each other, and it is as if your mind is having a shouting match with itself. __

Around the 6 minute mark in the video above, researcher George Land describes testing 5 year olds for creativity, then following them for 10 years to discover the “trajectory of creativity” in these same children over time.

Children and youth may be taught many things in school, but in general creativity seems not to be one of them. Just the opposite.

This is an ominous finding, given that the problems of the near and intermediate future are not likely to be solved by the same techniques that created the problems of today — to paraphrase Einstein. Creative problem solvers are desperately in need, while school systems seem intent on creating conformists and brainwashed drones who become offended or violent on command.

Still, it is possible to encourage the learning of creativity by various means. If children and youth (and even adults) are given a few tips to tilt them toward habits of creative thinking, future societies may be thrown a lifeline.

One time tested approach to creativity training is the book “Lateral Thinking” by Edward de Bono. Link to Amazon

The logical part of our brains can help us to develop creative ideas, after the fact. But truly innovative products of “divergent thinking” or “lateral thinking” are escapees from the logical thinking box. They surprise and delight us because they work, and because without the benefit of hindsight there is no logical reason why they should work.

It seems to me that it should be easier to teach 5 year olds good habits of creative thinking that will stick with them over time, than it would be to teach grown-ups to think creatively once they have been programmed to think in a linear, unimaginative way. But perhaps I am wrong. I can live with that.

Posted in Cognition, Creativity | Tagged | 1 Comment

When Elon Musk Screwed the Pooch

We are on record saying that Elon Musk has one good company — SpaceX. His other signature company, Tesla, has been bleeding large sums of money for several years now, with no end in sight. Elon is in the process of building a huge Tesla “gigafactory” in Shanghai and plans another in Europe. But Elon the midnight toker may be biting off more than he can chew:

Tesla Must Pay $323 Million Yearly Tax to Shanghai!

For a company that has already racked up a tab of over $1 billion in losses this year, what’s another $323 million amongst friends?

This was quite possibly the attitude the company took when agreeing to pay China 2.23 billion yuan – about $323 million – in taxes every single year as part of their deal with local authorities to build their factory on the outside of Shanghai, according to Bloomberg.

Tesla has also committed to drop about 14.08 billion yuan – or about $2 billion – in capex [additional capital expenditure] on the plant over the next five years, according to its lease. While the point of the Shanghai Gigafactory was to avoid tariffs and keep prices down, we’re not sure how an annual tax requirement of well over a quarter of a billion dollars is going to make things easier for Musk. __

Elon has many admirers around the world, especially for the many technological innovations he has been spearheading in various technology areas. But many of his economic decisions have seemed more than a bit hare-brained. SpaceX is a good company, but Elon is borrowing against his SpaceX shares to fund other ventures that are gushing money losses.

Committing the future of all your assets to a questionable venture in China seems more than a bit impulsive, perhaps a decision made under the influence of a judgment-altering substance?

Electric vehicles have some advantages for short-distance driving. Electric drive systems are simpler than complex internal combustion engines with their complex transmissions. Electric motors have excellent torque across the speed spectrum. Too bad the battery systems are so expensive and lose their efficiency so quickly. And too bad it takes so long to charge them, and that the range on each charge is so short a distance!

Why So Many True Believers in Electric Vehicles?

You may think that a lot of people are half-insane over climate change. You would be right. But even assuming that anthropogenic carbon emissions are altering the climate over time, there is nothing about electric vehicles that mitigates CO2-caused climate change. The electricity has to come from someplace, and as likely or not it will originate from a coal-powered (or natural gas powered) electric power plant. Worldwide, it is the coal power plants that are being built the fastest. More carbon, anyone?

It is a delusion to believe that the ultimate source of the energy being used by that EV is going to be cleaner than simply burning gasoline in the internal combustion engine. But enthusiasts rarely follow the long chain of causation very far. If they could do so, they would never be consumed by climate change hysteria in the first place.

The same problem is inherent in big wind and big solar energy as well. Enthusiasts believe that modern power grids can be run on grid-scale wind farms and solar arrays, but they have not followed the chain of logic far enough. Electric power supply must match with electric power demand — on an almost moment-to-moment basis. Power demand is often erratic and unpredictable, making the need for reliable on-demand power essential. But if society’s decision makers go off the rails by deciding to force a dependency upon supplies that are also erratic and unpredictable, the lights can rapidly go out in a cascading power failure. Power grids take a lot of constant work to keep them online. Anything that makes power grids more difficult to stabilize, risks lives. And yet each year, another political constituency joins the rush to commit the scarce resources and the uncertain fates of their constituents to the whims of the wind and sun.

Though there exists reasonable doubt, the alarmists desperately want to believe. Have to believe. Worse, they feel compelled to make everyone else believe. Express doubt in their narrative and expect to be talked down to, ridiculed, written off as a rube, or worse, labeled a puppet of malign interests.

But just as they have been wrong through decades of missed predictions, they’re also wrong in their accusations against the “deniers.” They, of course, don’t see it that way. True believers will never admit they’re wrong, even when their own eyes show them they’ve been mistaken. __

Most of the enthusiasm for “green energy” and “electric vehicles” derives from climate change hysteria. But neither green energy nor electric vehicles do anything that could possibly alter the course of carbon-caused climate change, even if it were a significant issue.

Always follow the money. Never trust the person whose livelihood depends upon convincing you that his “apocalypse du jour” is the one that will get you, unless you turn control of your future over to him. Probably better just to shoot him on sight. 😉 And what about the schoolteachers who are spending so much of every day trying keep their students on the razor’s edge of climate hysteria? Nothing for them that they would like, certainly.

Posted in Climate, Energy, Transportation | Tagged , | 5 Comments

China’s Lost Decade

… China’s economy is the slowest it has been in decades. It had to slow, just the way Japan’s economy doubled every ten years from the ashes of World War II to become the second largest in the world, and then crashed in 1990 starting Japan’s “Lost Decade” (the Nikkei crashed more than 80%).

… The three drivers of immediate concern for this potential catastrophe are the following: their massive credit expansion, African swine fever, and a Fall Armyworm infestation. Longer term items that threaten a stable China are a rapidly aging population and soon to be shrinking work force, the inability to restructure bloated and inefficient companies, an asset/real estate bubble similar to what Japan experienced, and increasing competition in manufacturing driven by robotics. The restructuring issue is an interesting one, because the Chinese Government prevents companies from downsizing their labor force. Many companies have systemic and unsustainable fixed labor costs that can’t be restructured lest the companies be criticized and punished by political authorities. __

China’s “economic miracle” of the 1980s, 1990s, and 2000s, was based upon a unique set of circumstances that have long since passed away. Now is time for “the reckoning.” China’s lost decade — like Japan’s — can easily stretch far beyond a single decade to almost half a century or more.

Looking at alternative measures of GDP growth, China’s economic performance appears worrisome.

Foreign companies’ exports from China grew a tepid 1%, and power generation, an indicator of manufacturing strength, increased a moderate 3%. Cars and cellphones both saw declines in production, and output of robots, which were hit by additional U.S. tariffs, fell 10%.

“Investments in the industrial sector continue to be lackluste…” Car sales fell 12% in unit terms.

Uncertainty over the labor market is casting a pall over consumer spending. New hires in urban areas during the first half totaled 7.37 million, down 2% on the year. The declining birthrate is reducing the number of young people ages 18-30 by 10 million every year, also weighing on consumer spending.


The inbred sickness of China’s economy has been papered over until now by foreign direct investment and technology transfer — along with a massive government misallocation of resources into the zombie enterprises.

… by resorting to piling on the debt in the past to avoid a reckoning, technocrats have made the debt situation now too big to solve.

Technocrats, at this point, have run out of options. There is only one way out for them: create GDP faster than debt. That is not something they have been able to do in years, however.

If the defaults are at all significant, which they appear to be, then it is a signal that China’s economic managers are losing control. __

Bad investments and rotten loans can be hidden for only so long — even in a totalitarian economy such as the communist Chinese dictatorship. Slowly China is closing the noose around its neck.

Internet censorship has been tightened. Those voicing unacceptable thoughts on social media are admonished by a call or visit from security officials. Publications have been transformed or closed and the media has abandoned any attempt at independence. Oversight of book publishing has gone from the government to the CCP’s propaganda department. Religious persecution has risen as Beijing seeks to forcibly “Sinicize” different faiths. Party cells are being established in businesses and political education is being reinstated in schools. A million or more Uighurs and members of other groups have been forced into harsh reeducation camps. Beijing is slowly squeezing the civil and political freedoms long accorded residents of Hong Kong.

Taken together, these actions suggest an extraordinary agenda, seemingly recreation of the sort of totalitarian state last seen under Mao. __

Overseas Chinese in Hong Kong and Taiwan (Republic of China) can see how the tea leaves are blowing in the wind. And they do not want to submit their bodies and minds to the abject and oppressed state of decline which the mainlanders suffer.

For those of us who live in or work in Taiwan, the link between Beijing’s hardened stance on Taiwan and Hong Kong’s extradition law proposal is quite obvious. Most Taiwanese, including those who vote for the KMT (now in opposition), enjoy the freedom and protection of rights that comes with the democratic system, and there is no desire to give that up. __

Mainland Chinese can sometimes get their families and their money out of China, if they have connections. Of course, 90% of China’s millionaires are children of high officials, so the nepotism in the middle kingdom is severe. But capital flight and brain drain also operate among outsiders who can manage the obstacles.

China has big problems

Hong Kong knows China better than almost anyone

Trump may be the first US president to see through the smoke screen.

China’s shadow system of global debt slavery haunts large part of globe. Remember, 90% of China’s millionaires are children of high party officials. This is bad enough when practiced inside China with zombie enterprises and ghost cities. When applied to the rest of the world the resulting misery will be incalculable.

Stepping on China’s House of Cards

Posted in China | Tagged | 4 Comments

Why “Everyone” Wants to Leave China

A year ago, only a few manufacturers in China were thinking about leaving. Now the strategic picture has changed.

In December, I had one company getting ready to source elsewhere,” he says. “Then I went back in May. They are all thinking about it now,” he says about the Chinese manufacturers targeting new hubs in southeast Asia. Mexico is also on the radar screen.

“You’re going to see more companies exploring outside of China,” Scannapieco says. “Unless you’re in China to sell to China, why be there? It’s becoming too much of a risk.” __

It is not just US companies that are trying to reduce their risk exposure in China. European companies are doing the same thing.

China Economic Risks are Growing

Around 25% of credit in China is “rotten debt,” essentially dead meat. And another 25% is embodied in “dying meat.” Other than foreign investment which has been largely based upon foreign market demand, domestic investment in China is based upon political considerations — which tends to be economically misplaced, and often gets out of control. And as we have seen, foreign investments have been falling away recently, and more of China’s economy is tied up in Potemkin-style artificial stimulus.

Too much of China’s debt has been amassed in unproductive ways—unnecessary factories, insolvent “zombie” companies—and that gross misallocation of resources is eating away at key drivers of growth. __

This problem of unproductive debt has been conveniently hidden in China’s outsized economic growth statistics at least since 2008. It makes a joke of official GDP growth statistics coming out of China, since “unproductive growth” has an altogether different meaning than “organic growth” that comes out of supply and demand dynamics in an open, integrated economy.

The State Owned Enterprises [SOE’s] of China are too close to the splenic flexure of the CCP’s large colon for them to be properly debrided from the rotting body. After all, 90% of China’s millionaires are close relatives of party officials. The spice must flow, as they say, and spice does not flow from companies that have been allowed to die — even if that is what should have happened.

China’s Slow Decline and Fall

China’s rapid growth of the past few decades was based upon foreign investment and technology transfer, plus a few historic trends and events which will never happen again:

China’s growth in the last three decades received an impetus from several events that were “one-offs”—by their nature, they can’t happen again. Bringing previously unproductive peasants by the hundreds of millions to work in urban factories, that’s over. Joining the World Trade Organization, that’s over. Enjoying a huge working-age population with few children to raise thanks to the One-Child Policy—not only is that over, it has left a demographic hangover in the form of a gender-skewed citizenry whose median age is rising rapidly, straining the nation’s minimal social security system. __ Decline and Fall

China received a rare series of minor miracles to become as “faux rich” as it has become. Those miracles will never return. And as Chairman Xi’s China grows more rigid and authoritarian in the belief that the Chinese economy and Chinese people will continue to support it no matter how badly it misbehaves — the underlying fundamentals are eroding from under the feet of the dictatorship.

What is ailing China will soon be infesting all nations that host significant Chinese investment or enterprise — such as those involved with the One Belt One Road (OBOR) initiative. OBOR is turning into a massive debt exploitation/overproduction scheme which benefits corrupt leaders of indebted countries, but leaves the people as virtual slaves under an occupying army of Chinese overlords and collateral holders.

So far, most of these corrupt and soft-headed debt-enslaved governments have been third world countries — which can change governments and contracts very quickly. But some European countries [Greece, Italy, etc.] have dipped their toes into the alligator infested waters, and they are unlikely to survive the experience in one piece.

So, hope for the best but prepare for the worst. China is insinuating itself deeply into economies and political bodies around the world, and bringing its corrupt and authoritarian ways.

It is never too late to have a Dangerous Childhood © .

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There Was Something Special About Europe

Something Different Happened

About 250 years ago, advanced human societies took a dramatic turn for the better. In terms of life expectancy at birth, GDP per capita, kilocalories per person per day, technological adeptness, and personal political freedoms, the human condition in most European derived populations improved their situations.

There was a “great divergence” of accomplishment between Europe and the rest of the world — with Europe being led by Great Britain in some important ways.

For a few hundred years Europe leaped ahead in art, scientific achievement, literature and publishing, global exploration, and technological accomplishment.

Prior to the middle ages and the subsequent European renaissance, China and India have been often perceived as wealthier and in some ways more advanced than Europe. But as the ideas of the renaissance spread through the political domains of Europe, a form of intense competition between sovereign states set in. This competition resulted in the greatest period of sustained human achievement ever seen — at least when measured by the 5 criteria above.

India and China had lacked that spark of competition between sovereign states which drove the Europeans to devise more clever science, art, literature, and technology of all kinds. And they had never truly systematized the scientific method or the theories of science and technology. The great Asian states were always corrupt and complacent, and remained that way until violently pulled out of their slumber by outside (European) forces during the great age of European colonial development.

And Then There Was the USA

The US came out of the UK and Europe to dominate the global economy. This dominance did not occur by any plan or design by the US government. It happened because the US Constitution prevented the US government from standing in the way of US commerce — without sufficient cause. This non-interference policy by the government was a historical precedent among large nations, and was but one of many ways in which the essential difference of the USA would make itself known during its early centuries.

Suddenly Europe and Britain rose above the rest of the world in several key measures. Just as suddenly the essentially European and British peoples of the US were able to achieve further incredible advances in technology and trade in just a relatively short time.

The concept of “progress” is endemic to European cultures, whereas most eastern cultures believed in the cyclic nature of reality. The “singularity” idea is merely the idea of progress taken to an imagined limit. But the graphic at the top of this article surely displays a “singularity” and many other singularities of various degree have occurred through human history. Perhaps the singularity that followed the European renaissance and coincided with the European enlightenment and the scientific and industrial revolutions, should be referred to as the European Singularity. And it probably would if it were not so politically incorrect and so offensive to academic and media snowflakes.

As the number of books and other publications rose, knowledge became more detailed and more specialised. Disciplines of study were divided and sub-divided until a scholar is not able to master the breakthroughs in his own discipline, much less in other related disciplines.

China claims to publish the most book titles of any country, but China is not particularly known for its great book stores and libraries, open to the public for the wide dissemination of the world’s knowledge. China is instead known for aggressive censorship of ideas and a vicious limitation of intellectual freedom within the bamboo prison walls. As long as the party remains in control of China and takes the tyrannical approach to freedom of thought and action, its future will be greatly limited.

More on European Uniqueness

The Great Divergence by Kenneth Pomeranz

The Uniqueness of Western Civilization by Ricardo Duchesne

Human Accomplishment by Charles Murray

Great Figures in Human Accomplishment: Most Came From European Derivation
Charles Murray

How the West Came to Rule

The Wealth and Poverty of Nations by David Landes

As noted above, neither China nor India ever systematized science or technology — so that various seemingly important inventions and discoveries in ancient Asia never really led to any great scientific or technological movements. The Chinese “treasure fleets” are one of the best illustrations of the typical Chinese failure to follow up on technological achievement. If China had been able to build upon its many earlier inventions, the history of human accomplishment would have been far different.

Posted in Europe | Tagged | 4 Comments

Dirty Little Secret Revealed by US SAT Scores

Some Groups are Over-Represented in Higher Education

via ZH

Identity politics is making a mockery out of higher education. Many are admitted to elite colleges who cannot be taught, and others who should be admitted are being discriminated against because of their sex and race. In any rational world this wasteful approach to “education” would be considered an outrage.

“The SAT was the last bastion of objective measurement in the sea of subjectivity that makes up a college application. It is profoundly disappointing to see that the SAT is now subject to the same identity politics bias that everything else is in college admissions. The SAT and the ACT were the best predictors of college preparedness…

… Paradoxically, younger Americans are entering college at a higher rate – 70 percent – than the boomer generation managed. In 1970, only 48.4 percent of high school graduates went on to higher education, according to a study published in 2010 in the American Journal of Applied Economics. But that edge is negated, because fewer than half of today’s students manage to stay in school and earn degrees, a slightly lower completion rate than boomers…

If you debase the results, you will get one or all of the following: higher dropout rates; debased teaching standards, resentment and distrust among students.”
__ via ZH

Colleges are admitting too many future dropouts, and not enough of the gifted students who could actually benefit from a higher education.

How do we look our kids in the eyes, urge them to work their hardest, study endlessly, never stop trying because that’s what counts in America… and then apologize for reducing their chance of making it to their dream school by daring to live in a low-crime, low-poverty, high-cost, two-parent home. __ ZH

Helping less capable youth to reach their potential would be good policy. But placing them in situations where they are almost certain to fail is not an act of compassion. It is an act of hypocritical virtue signaling, and an act of callous cruelty at the same time.

Once a critical mass of lower qualified minority students is enrolled in a department — and the number doesn’t have to be that high — an unspoken pressure exists on the professors in that department not to let them flunk out. Over time, this leads to lower standards — for everyone. __ AT

The foolish and cruel policy of “dumbing down the departments” is even more destructive than allowing failed students to drop out with large student loan debt. In a dumbed down university propelled by unearned social promotion, all of society plus the world at large loses.

Males of European Descent Deserve Better Treatment

According to education researchers at Georgetown University, judging by academic merit [SAT Scores] alone a lot more males of European descent would be admitted to the most elite US schools. With better students, the universities would turn out better graduates. With better graduates, society and the world would benefit from a more rational future.

… the percentage of blacks and Hispanics would fall sharply from 19 percent to 11 percent. The whites student population would rise from 66 percent to 77 percent. And surprisingly, Asian students would fall from 11 percent to 10 percent. The study goes on to say that many of the whites in these select college would lose their seats to other better qualified white students.

In other words, the student mix would change noticeably. __ AT

Affirmative Action and Title IX have helped to make a mockery of the concept of “higher education.” Higher indoctrination and higher social engineering are more to the point of what makes modern universities tick. Which is not only a huge waste of society’s resources, but also goes a long way to wreck much of the nation’s financial system through massive student loan obligations into the $trillions.

Student Loan Debt Is the Worst!

Radical rearrangements of university admissions, educational standards, and financial policies are all overdue. And that is only for a bare beginning. After that we will have to take a much closer look at what can be done to make better use of promising young minds.

Note: Grade inflation and cheating by both students and teachers/administrators is common in many high schools. SAT scores are crucial as a quasi-objective rating method for a diverse body of applicants. Higher education has become corrupt in accepting bribes and looking the other way when other financial inducements are used to affect admissions. When combined with corruption from affirmative action and Title IX, the bribery corruption scandal makes universities look almost criminal. Top it off with the student loan fiasco, and one wonders why society tolerates the bunch of swindlers and fanatical ideological indoctrinators.

More data and graphic materials on this story from Georgetown University

Posted in Education, University | Tagged | 2 Comments

Oil Doomers Frustrated at US Shale Revolution

Global Oil Reserves
Rystad Energy via Geopolitical Futures

According to the oil doomers, the world’s oil was supposed to be used up by now. The scarce remaining dregs of oil would be beyond the reach of ordinary people, and only the ultra-wealthy would be able to drive the roads, fly the skies, or cruise the wide oceans.

But some things happened on the way to the “peak oil apocalypse,” and one of those things was the US Shale Oil Revolution. As seen in the graphic below, the US shale oil revolution helped to completely reshape the economics and geopolitics of global energy.

US Production Shot Up, Global Prices Dropped

Over time, global commodity prices are strongly influenced by both supply and demand of the commodity in question. In the case of crude oil, price manipulators can only hold back so much supply before markets are overwhelmed by excess production — if it exists. In the case of the US shale revolution starting in 2009, a definite global excess in oil production was palpable. Suddenly US imports of oil began to drop, and US exports of petroleum products began to rise.

Reduced US oil imports plus increased US petroleum exports created a “double whammy” on global oil prices. By the year 2014, US oil production was high enough to “lower the boom” on global oil prices — despite Russia’s provocative invasion of Ukraine. Imagine Putin’s shock when instead of raising global oil prices, his military provocation had no effect on markets. Putin was not the only one to be shocked that year.

Oil Doomers Have Predicted the Demise of US Shale Ever Since 2009

For oil doomers, the US shale revolution has always been just a “flash in the pan,” regardless of how long the bonanza continues to play out. The best projections show high rates of US production lasting through the year 2050 and beyond, but in reality no one knows how long global demand for oil will hold out. If demand holds up, the supply will be found.

US crude oil production does not have to continue at high rates forever. Eventually other sources of energy will be developed to shove petroleum out of the way. Advanced nuclear power is the most sustainable out of all the contenders, in terms of powering an advanced human civilisation.

No one predicted the US oil boom in the first place, so all predictions of its demise must be taken with more than a few grains of salt.

US Oil Production Projection Through 2050

Breakeven Costs for Russia and Saudi Arabia are Important

Governments that depend on oil sales for their day to day operation — such as Saudi Arabia and Russia — require certain “breakeven” oil prices to meet their budgetary goals. In a world of supply and demand, such economic requirements are not always met. This is particularly true when a new source of supply suddenly hits markets, as occurred with US shale.

As the [US shale oil] industry has grown and matured, the break-even price per well has come down. But some doubters claim that there are fewer gains to be made through technological advances. If true, this would mean that the break-even point will not come down much further, leaving little room for growth in the profitability of shale. This may be a valid criticism. But that still puts the profitable oil price for a lot of shale companies well below Saudi Arabia’s fiscal break-even point (the point at which the government can balance its budget), which the International Monetary Fund says is currently about $80-$85 per barrel. __

Saudi Arabia runs its economy on oil, as does Russia. These nations put up a lot of brave talk in the face of global oil prices that are running below their breakeven needs. But under the surface both “oil republics” are being forced to scale back their ambitions. There is a limit to the deprivations the citizens of both nations will endure from their governments.

US Shale Reserves Expanding

As the technology improves, new US shale reserves have bloomed in exponential fashion. This is likely to continue as the technologies of exploration and discovery continue to emerge out of the stone age.

… in fact, new reserves are discovered often – even in the Permian itself. In December, the U.S. Department of the Interior reported that the Permian’s Wolfcamp and Bone Spring Formations contain the most oil and gas resources of any location ever assessed. Still, that was not an assessment of proven reserves – those that can be recovered using existing technology – but rather of undiscovered reserves – defined by the department as “resources postulated, on the basis of geologic knowledge and theory, to exist outside of known fields of accumulations” – and technically recoverable reserves – defined as “resources producible using currently available technology and industry practices.” For now, companies are poised to continue producing enough to fuel growth in U.S. oil production. __

The US shale boom has been responsible for millions of new US jobs, and continues to support wages and economic growth in a cascading fashion — as long as the government in power allows the compounding effects of capitalism to operate without undue government constraint. Wise leaders promote policies that allow their economies to grow. Bad leaders promote policies that destroy their economies.

Don’t depend on the “biters” of oil doom journalism. Inform yourself of the underlying dynamics that allow you to predict the news before it happens. That will require a good deal of reading on your part. The first part of Peter Zeihan’s “The Absent Superpower” provides a quick and useful primer for better understanding the ongoing US shale revolutions. For better understanding crude oil geopolitics before shale, Daniel Yergin and Leonardo Maugeri provide a sound springboard for gaining deeper insights into oil (before shale) than any of the decrepit oil doomers could provide.

More on contrarian fundamentals of geopolitics:

Posted in Energy, Oil Prices Fiscal Breakeven, Shale Oil & Gas Revolution | Tagged | 8 Comments

More Big Companies Plan to Escape Jaws of China

Big corporations moved production to China for the cheap labour costs. But China stole their technology and began cranking out low cost counterfeit products. Chinese courts sided with local patent infringers every time. So now that production costs are rising in China, is it any surprise that many of these big companies are making plans to get out of the China trap?

Some of the huge global corporations that are quietly considering plans to move production out of China include Dell, Microsoft, HP, Amazon, Sony, and Nintendo. Even Google — which seems cozily at home in totalitarian China — is considering moving some of its production out of the prison nation.

The decision by some of the world’s biggest computer and game console brands to shift production — mainly of products destined for the U.S. — follows manufacturing reviews by other tech companies. Apple is exploring the cost implications of moving up to 30% of its smartphone production, Nikkei reported last month. Elsewhere manufacturers of servers, networking products, and some key electronics components are shifting out of China, often at the request of U.S. customers.

The moves will be a blow for China’s electronics exports, which have powered the country’s decades-long growth. China is the world’s biggest producer of PCs as well as smartphones. __

China is slowly losing its workforce to an inexorable demographic shift, so that even without Trump’s attempt to level the trade playing field China’s labour costs were beginning to rise uncomfortably. If President Trump makes it more difficult for the Chinese to steal advanced technologies, China could find itself in an economic pickle.

1. The tariffs are creating economic uncertainity. There’s been some goal-scoring by lefties about how little impact the tariffs have had on the PRC economy. But the effect is more of a slow burn. China’s economy didn’t turn into a monster overnight. The effects won’t be felt immediately due to the scale of the supply chain. But there are signs of it on the horizon.

2. China’s labor costs aren’t as attractive as they used to be. Between the IP theft, the spying, and the security issues, staying is not as appealing as it used to be. __ Source

China is a filthy country, with toxic air, water, soil, food, and pharmaceuticals. Political dissidents and religious practitioners are murdered alive for their vital organs on a daily basis — without even the kindness of anesthesia. As a result of toxicity and oppression, those who can get out will do so. Others are biding their time, and sending funds to Hong Kong, Taiwan, Australia, Canada, or wherever they can hide their wealth from the bloody-minded communist overseers.

As the Chinese economy ramps downward, Xi is betting China’s future on foreign economic adventures. The One Belt One Road initiative seems clever in the sense that China is using it to expropriate valuable land and other assets from its debtor nations that cannot repay Chinese development loans. But is he really making a huge mistake?

For the Chinese, this initiative has been a strategic blunder.

By buying into the flawed idea that barrels of money are all that is needed to solve complex geopolitical problems, China has committed a colossal error. __ A Big Blunder?

Certainly the people of all of the nations that are forced to turn over control of expropriated sovereign land and assets to China will have reasons to regret the bargain — while their leaders who accepted Chinese bribes may well be breathing the heady alpine air of Switzerland. But the Chinese neo-colonials who find themselves living next to antagonistic natives may not live long to enjoy their new plantations.

The Communist Party leader Chairman Xi has made a number of expensive moves meant to elevate China’s military and political standing around the world. But if China’s economy falters to the point of being unable to back up Xi’s power plays, China may be forced to face some harsh balance sheet realities.

“China’s hiked production costs have already led to a decline in global orders. Now, the uncertainties associated with the trade war are adding insult to injury,” the official said. __ Nikkei

Taiwan and Hong Kong Resistance to CCP Aggression

Hong Kong has rejected a forced extradition law which Beijing insisted upon. This makes the Chinese government look weak. At the same time, Taiwan is waiting for advanced weaponry from the US — and is quite capable of buying other advanced weapons from multiple other sources if necessary. A stronger Taiwan also makes Beijing’s future plans more uncertain.

To tell the truth, no country in the world likes or trusts communist China. The corrupt leaders of many nations are receptive to Chinese bribes and “loans,” but their people are not happy about the consequences of the inevitable “loan” defaults — when China moves to take over control of strategic land or other resources.

More on Chinese weakness

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HIV Spread by Heterosexual Contact Shockingly High

Heterosexual contact is less risky per sex act than male homosexual contact, but in some places heterosexual sex is the most common means of HIV transmission. This has been true in some African countries — where prevalence of HIV can be well above 10% — for decades. But shockingly high rates of heterosexual spread of HIV are also being seen in India and Russia.

Some experts predict that heterosexual sex may soon overtake injecting drug use as the main means of HIV transmission.10 This means the HIV epidemic has the potential to shift from mainly affecting key populations to affecting the general population. If this happens, HIV prevalence could increase at a significantly faster rate.1 __ avert

The HIV epidemic in Russia appears to be slowly spreading into the populace at large, including more persons considered economically active — and increasing numbers age 50 and older. The problem is not considered a serious matter by the Russian Health Ministry.

Roughly 100,000 more Russians become infected with HIV every year, most through intravenous drug use but more and more of them apparently through heterosexual contact.

More than 1.2 million people live with HIV in Russia, a figure experts say is likely underreported and that the World Health Organization warns is at risk of spinning out of control. The crisis has led to the deaths of some 318,000 Russians since the first HIV case was registered three decades ago, with almost 37,000 of these deaths happening last year. __

The HIV epidemic in Russia has a similar shape to those epidemics seen in sub Saharan Africa or in India. This is undoubtedly due to substandard health care that is offered to average citizens who cannot afford the expensive bribes that are required for high quality medical care in Russia today.

Travelers to Russia should be advised that HIV is “in the air” and to take extraordinary precautions when wandering off the reservation.

City-based data from 2012 suggests HIV prevalence among sex-workers is between 3.8% and 11.6%, depending on location. In 2015, it was estimated that around 15% of indoors sex workers and more than 60% of outdoor sex workers in St. Petersburg were living with HIV.31 Although it is not illegal to buy sex it is illegal to sell it and to organise commercial sex in any place. This criminalisation puts sex workers in a vulnerable position and they are often subject to violence, abuse, harassment and exploitation at the hands of clients, police officers, health workers and others in authority.32

In a study of almost 900 female sex workers conducted in St. Petersburg and Orenburg, rape during sex work was reported by 64% of respondents. Those who had experienced rape were more likely to inject drugs and binge on alcohol, both of which increases vulnerability to HIV. 33 __ avert

As they say, be careful out there. Life has not been kind to millions of unwanted children who have been cycled through cruel orphanages and then onto even crueler streets.

The third world is not always where you expect it. But the tragedy unfolds in much the same way regardless. It is best to be aware of what is happening, even though all too often it is impossible to make a difference for the better. Best, at least, not to make things worse.

Posted in Prostitution, Russia | Tagged | 8 Comments

The Chinese Influx Into Asian Russia

China increases its control over Siberian resources under Putin’s nose. The Russian people are unhappy about what is happening.

“For Siberians, there are two things that are like a red rag to a bull,” Svetlana Pavlova, chief editor of the Irkutsk, a Siberia-based news website, said. “One is the Chinese who ‘have taken over everything and leave trash everywhere,’ and the second is their presence on the lake. Here, we have a company building a plant that is 99%-owned by Chinese nationals!”

A construction boom in illegal Chinese hotels infuriates Russians, who cannot get permission to build on the protected shore, while locals earn no money from Chinese tourists, who are serviced by Chinese firms. Concerns also hang over pollution of the lake.

… A recent Chinese influx has completely transformed Karl Marx Street – Irkutsk’s once-derelict main shopping thoroughfare. Now, the avenue is dotted with upmarket shops and restaurants catering exclusively to Chinese.

Yet land prices are rising, forcing Russian businesses out of the market and there is litter and rubbish on the streets, while the disposable hand warmers that Chinese use are strewn around the lake shore in the winter.

… East of Siberia, there is also a growing Chinese community in the Russian Far East. Vladivostok and Khabarovsk host vibrant Chinese communities that date back to 19th century Chinatowns. Russians there, as elsewhere, are suspicious about the intentions of Chinese, who use their own name for Vladivostok – Haishenwa. __

Demographically and Economically, China is the Giant and Russia is the Mouse

While the Siberian land mass is huge, the population of ethnic Russians is diminishing. And the economic power of Russia east of the Urals is miniscule compared to what China brings to the table. Ever so quietly, Putin has been selling off Russian assets to the Chinese.

Russia’s Population is Shrinking

… according to UN data, Russia’s population as a whole could fall by a third over the next 40 years. The prospects for Siberia and the Russian Far East are even worse. Many residents are moving from the climatically harsh regions, with their under-built infrastructure, to wealthier European Russia.

Between 1998 and 2005, Russia’s population east of Lake Baikal dropped from 8 million to 6 million between 1998 and 2005, and has continued falling since. Meanwhile, next door, the three provinces of north-eastern China – Heilongjiang, Jilin and Liaoning – hold 110 million people.

And Russia’s eastern provinces offer exactly what China needs: fuel, raw materials and arable land. The area contains nearly all of Russia’s diamonds, 70% of its gold, huge deposits of oil and natural gas and vast expanses of unpopulated land.

___ Asia Times

As dozens of nations and corporations have discovered around the globe, doing business deals with China is like doing deals with the devil. The cash is real, but what must be given up in exchange is priceless.

In China, there is a growing feeling that the Russian Far East is meant to be a part of China. As that feeling grows, more economic control of the region is actually changing hands. As the numbers of ethnic Russians east of the Urals shrinks, the Russian presence in Siberia and the Far East will be pushed aside by the larger numbers from the south.

The city of Vladivostok is closer to Beijing than it is to Moscow – less than 100 miles from the borders of China and North Korea and Japan not much farther away. The Chinese were some of the region’s first inhabitants. Some even still call it “Manchuria,” but officially the region is known as “Primorskiy Krai.” These early Chinese lived in the area seasonally, fishing and farming in the warmer months then returning to the mainland when winter came. __

These trends are inevitable and virtually unstoppable. Putin has no will to resist them — and has in fact been covertly aiding the Chinese takeover.

The 1.35 billion Chinese people south of the border outnumber Russia’s 144 million almost 10 to 1. The discrepancy is even starker for Siberia on its own, home to barely 38 million people, and especially the border area, where only 6 million Russians face over 90 million Chinese. With intermarriage, trade and investment across that border, Siberians have realized that, for better or for worse, Beijing is a lot closer than Moscow.

The vast expanses of Siberia would provide not just room for China’s huddled masses, now squeezed into the coastal half of their country by the mountains and deserts of western China. The land is already providing China, “the factory of the world,” with much of its raw materials, especially oil, gas and timber. Increasingly, Chinese-owned factories in Siberia churn out finished goods, as if the region already were a part of the Middle Kingdom’s economy. __

Russia and China’s alliance is an illusion; each wants to dominate the other

There is only room for one giant Asian superpower. Chairman Xi thinks he knows which it will be.

Posted in China, Putin, Russia | 3 Comments

Putin Won’t Leave So Russia’s Best Have To

100,000 of Russia’s Best Leave the Country Yearly

There are too few skilled and independent-minded Russian people to begin with. If the economic and political climate under Putin remains dismal, more good people will leave — and Russia’s future will grow ever dimmer.

Every year, some 100,000 Russians emigrate. The majority of these are “politically dissatisfied,” but once abroad, they typically cease to care what is happening in Russia.

And in their place, the Putin regime is bringing in “comrades from Central Asia who are getting Russian passports and will to the end of their days vote for Putin and United Russia.” __ Economist Vadislov Inozemtsev quoted in WOE2

The ethnic Russian population was quite small to begin with, but it is rapidly being watered down due to high losses and high replacement rates by Central Asian outsiders with no particular affection for Moscow. Drug addiction and alcoholism are rampant, with an alarming growth in HIV/AIDS incidence and prevalence rates.

Young Talented Russians Want to Leave

For the ambitious and talented young of Russia, Putin’s mafia-land is a depressing, dead-end place to be.

According to data from The Boston Consulting Group, 59 percent of respondents under 21 and 57 percent between the ages of 21 and 30 would like to work abroad. Over half of the respondents were IT specialists and scientists who felt inspired by the success stories of other Russian emigrants.

The survey data showed Russia’s “brain drain” continues and could complicate the potential for technological breakthroughs the government has in mind. __ MoscowTimes

Russia continues to suffer high chronic levels of both brain drain and capital flight, and will do so as long as Putin remains mafia godfather.

China’s Personality Cult of Xi is a Dark and Ugly Monstrosity

Xi cannot tolerate religion, which represents a direct threat to his “divine mandate.” Xi’s personality cult is the only religion that the CCP is willing to allow.

Revised regulations on religion were introduced early last year introducing even tighter restrictions on religious practice. Children under 18 are prohibited from attending places of worship, and cameras have been installed to monitor who does.

A new law regulating religious activity online has been drafted, requiring people to obtain a license before disseminating any religious materials on the internet.

In some parts of the country, Christians have been coerced into replacing religious paintings with portraits of Xi Jinping as a personality cult from the Mao era returns.

Xi, who has amended the constitution to make him president for life and insert his thought within it, has unleashed a campaign to Sinicize religion, which includes requiring all religions to teach the Communist Party’s propaganda. __

Of the two corrupt dictatorships, China is clearly the darker destination. If US President Trump can nudge China toward fairer trade practises, at least a little of the lying/cheating/stealing/killing behaviours exhibited by Chinese actors might subside. Whether that would lead to kinder behaviour by Xi toward his own people is doubtful — likely the reverse. China is a dirty place and growing dirtier by the day in almost every way conceivable.

Nevertheless, China has the cash advantage over Russia. This allows China to continue dominating the large scale commercial transactions between the two states, with a slow motion stealth invasion and takeover of the Russian Far East and many Siberian natural resources by the Chinese.

Posted in China, Russia, Russian Decline, Siberia | Tagged | 2 Comments

Make the World Go Away

A Sudden Reversal of Reality?
Image Source

Intelligent readers can see the contradiction in the graph above: In order to achieve the “global decarbonisation” called for by the world green movement, the world as we know it must cease to exist… and an alternate universe must come into being to suddenly sweep us into a grand green future without a need for fossil fuels.

Just look at the curves: The exponential growth in global fossil fuel consumption is expected to stop abruptly and be replaced by a steeper-than-exponential reduction to zero fossil fuels over a 30 year period. Simultaneously a relatively inconsequential and essentially flat-line contribution from mostly-intermittent zero-carbon power sources will suddenly leap up and begin providing all power consumption over the next 80 years. In what universe can such a thing happen without the deaths of billions of human beings?

On a global basis, the magnitude of the implied decarbonization effort illustrated in the graph takes us beyond the possible and into the world of junk science fiction. In 2018, world consumption of fossil fuels rose to 11,865 million tonnes of oil equivalent (mtoe). To get that down to near zero by 2050 as proposed by the zeroists would require a lot of alternative energy sources.

University of Colorado scientist Roger Pielke Jr. did some of the rough numbers. “There are 11,161 days until 2050. Getting to net zero by 2050 requires replacing one mtoe of fossil fuel consumption every day starting now.” On a global basis, such a transition would require building the equivalent of one new 1.5-gigawatt nuclear plant every day for the next 30 years.

If not nuclear, then maybe solar? According to a U.S. government site, it takes about three million solar panels to produce one gigawatt of energy, which means that by 2050 the world will need 3,000,000 X 11,865 solar panels to offset fossil fuels. The wind alternative would require about 430 new wind turbines each of the 11,865 days leading to 2050.

So far, other tested technologies do not exist to offset the fossil fuel energy that would be lost under the green zero targets. __ Terence Corcoran in Financial Post via WUWT

Nuclear fission is a safe and reliable form of electrical power, but global industry cannot be mobilised to build one new 1.5 gigawatt plant per day over the next 30 years. Even if it could, the green-biased politics in the governments and non-governmental organisations of the developed world would not allow it to happen.

What about nuclear fusion? New fusion technologies have a number of wealthy backers, but it takes a lot of time to develop radical new technologies — even if they can be made to work safely and affordably. There really isn’t time to do it in the next 30 years that greens are insisting is all we have left.

Intermittent Energies Are a Fool’s Play

Greens want to replace all fossil fuels with mostly intermittent and unreliable energy sources such as big wind and big solar. But the sun and the wind only provide useful power at unpredictable times. If reliable and affordable power cannot be switched on command then the unreliable energy that attempts to stand in will kill a lot of people by failing at the worst possible times.

But people behind the scenes stand to make $trillions of dollars in the attempt to do what is essentially impossible, all the while their fellow Earthlings are dying in large numbers from the inability to heat their homes in winter or provide the affordable power to keep medicines and vaccines from spoiling or to keep the lights & power on in operating theatres and intensive care wards.

Reliable and affordable power of high quality is a life and death matter. Power is at the foundation of the other critical infrastructures that make modern life possible. You cannot remove reliable and affordable high quality electric power without pulling the rug out from under modern civilisation. But the “decarbonisation people” do not tell you that.

There is only one way for the green future of zero carbon to come about: Make the world go away. And then magically bring a new fantastical green world into existence, where an entirely new set of universal rules and constants hold sway.

Judging from the headlines, Canada and the world are on track to ratchet up renewable energy and begin the rapid scale-down and ultimate phase-out of fossil fuels. Most energy analysts consider the fossil-fuel phase-out to be a scientific, economic and political fantasy, akin to levitation and time travel, but the movement keeps making news.

__ Terence Corcoran

To avoid a mass human die-off, new replacement energy technologies must be developed over time. During that time, current technologies must be used and improved in order to prevent a human disaster of unimaginable proportions — if governments attempt to force an impossible mandate on their economies and their people.

Posted in Electrical Power Grid, Energy, Nuclear Fusion, Nuclear Power, Uncategorized | Tagged , | 6 Comments

3D Printed Space Rockets ++

Engineers are getting better at printing complex metal objects using 3D printing. Building rocket engines for space launch has to be one of the more complex applications of the technology.

SpaceX launched its first 3D-printed part, the body of a main oxidizer valve, back in 2014, for example. And Blue Origin is incorporating 3D-printed components into its powerful BE-4 engine.

But one of the organizations with the most experience flying 3D-printed parts is Rocket Lab, based in New Zealand and the US. Founded by engineer Peter Beck in 2006, Rocket Lab is now leading the pack among small-satellite launch companies, thanks to its Electron rocket. Six of the rockets have launched successfully so far—each equipped with nine Rutherford engines that are created primarily using metal 3D printing, as are a number of other elements on board.

… the Rutherford rocket engine is, to our knowledge at least, the highest-performing liquid oxygen–kerosene engine in America, with slightly hotter performance than the [SpaceX] Merlin 1D. And that is in part due to 3D printing. We 3D-print all of our injectors, and we’re able to 3D-print geometry within the injector that allows for superior mixing and superior performance that you couldn’t do with other manufacturing processes. It’s really hard to get a small engine really highly efficient. __ MIT Technology Review via AT

Another unconventional approach to achieving space launch is the “Spinlaunch” centrifugal booster approach. The California company recently got a launch contract with a branch of the US DOD. They plan to begin offering commercial launch services for small satellites in 2022.

The world’s largest airplane and flying spacelaunch platform, Stratolaunch, is being offered for sale for $400 million. It was a dream of the late Microsoft co-founder and billionaire Paul Allen. As billionaires die, so also sometimes do their dreams die with them. But the principle of the Stratolaunch — the flying spacelaunch platform capable of launching into any conceivable Earth orbit — will still live.

The SpaceX Falcon Heavy rocket booster is scheduled to launch a large payload for the US Air Force on 24 June 2019, in 2 days. The photo below shows what the 24 satellites look like when loaded as payload.

24 USAF Satellites inside Falcon Heavy

Commercial Space Launches Ramp Up

The facts speak for themselves: 33 successful launches in 2018, up from 23 in 2017. This year, as many as 41 launches are on the planning calendar.

More than 370 FAA-licensed space activities have occurred since the first commercial launch in 1989, and no one in the public has ever been injured. We believe it is possible to maintain that safety record while enabling innovation.

This administration, with the leadership of Transportation Secretary Chao, wants to make sure regulatory requirements don’t keep rockets tied to the launch pad. We’re jettisoning rules that have outlived their usefulness, are duplicative, or are unnecessarily burdensome. We’re cutting two regulations for every one we create.__

SpaceX, Rocket Lab, and other private space companies are pushing launch technologies to their limits. In an investment climate where risk-comfortable investors are looking for high yield investments, they would do well to look to visionary inventors, engineers, and entrepreneurs. That is far more rational than investing in nations which are targeting their homes with nuclear warheads.

Affordable space launch opens the door to the exploration and utilisation of a lot of real estate and energy/material resources. It is an economic climate where millionaires will become billionaires and billionaires will become trillionaires.

Cislunar Economy Step by Step

Industries from space tourism to asteroid mining to routine re-supply of permanent lunar outposts and Mars colonies — all of these will lead to dozens of high value commercial niches which cannot be imagined today. It is our inability to foresee what we will discover when we walk through the door, which should encourage us to be bold while cautious. We cannot afford to be paralysed or overly reticent.

Posted in 3D Printing, Space Future | Tagged

The Wasteland

Breathing the air in China is an exercise in suffocation. Drinking the water is slow poison. Eating the food is a recipe for degenerative conditions of body and mind. Soaking in the mindset of slavery kills the soul.

Chinese people lack access to fresh air and clean water. Ten of thousands of human rights defenders, lawyers, dissidents, and journalists have been thrown into prison. Political prisoners have died in custody, including the Nobel Laureate Liu Xiaobo in 2017. The family members of rights activists are targeted. Rights NGOs are shut down. Torture, enforced disappearance, forced eviction, and miscarriages of justice are pervasive and rising to a crescendo.

Since 1999, more than 4,000 Falun Gong practitioners have been tortured to death in detention. And 153 Tibetans self-immolated to protest the persecution against them. The CCP is demolishing churches, burning Bibles, and has now sent at least 1.5 million Uyghurs and other Turkic Muslims to concentration camps in Xinjiang. This is not a “China miracle” or “China dream” but a China nightmare.


Chinese transplant surgeons are daily ripping vital organs from Chinese dissidents, Uighurs, Tibetans, religious believers, and others who threaten to present an embarrassment to the party line. These acts of violence are performed without anesthesia, while the victim is wide awake.

The communist government of China is a bloody curse on the world, and yet only a few global leaders appear to understand the deadly threat posed by an ever more powerful and ruthlessly belligerent outlaw nation.

Today, Chinese leaders are using the proceeds of trade with the United States to, among other things, expand their military while its officer corps openly talks about killing Americans. Twice in December, a senior Chinese officer publicly urged unprovoked attacks on the U.S. Navy in the global commons. In the second of the outbursts, on the twentieth of that month, Rear Admiral Luo Yuan proposed the use of two types of ballistic missiles to sink two aircraft carriers and kill 10,000 Americans.

The Chinese have even gone beyond bluster. In May 2018, the Wall Street Journal reported that the Chinese military, from its base in Djibouti, lasered an American C-130 cargo plane, causing eye injuries to two pilots. An attempt to blind pilots, of course, is tantamount to an attempt to bring down their craft and kill them. American planes are continually lasered in the East China Sea by Chinese forces. Moreover, last year sonic waves caused brain injuries to American diplomats at the consulate in Guangzhou. Because the Chinese Communist Party runs a surveillance state, Beijing either was the perpetrator of this crime or complicit in it.

Injuring American pilots and diplomats is not Beijing’s only sin. China is trying to dismember three American treaty allies in its peripheral seas. In the South China Sea, inside its expansive “nine-dashed line,” China has now positioned about 275 vessels around Thitu Island, which has long been under control of the Philippines. This pressure tactic, dubbed the “cabbage” maneuver, was employed to seize Scarborough Shoal from Manila in early 2012 and has since been used in various other Philippine locations in the South China Sea, such as Second Thomas Shoal.

Beijing is also trying to take apart another island nation, Japan, by pressuring East China Sea islands that Tokyo administers and calls the Senkakus. At the same time, Chinese state institutions, backed by state media, are making the almost-absurd claim that the Ryukyu Islands, including Okinawa, are part of China and not Japan.

In addition, Beijing disputes South Korea’s possession of the Ieodo Ocean Research Station, built on what is known as Socotra Rock in the Yellow Sea. __ China Waging War

There is no need to attack China. It is only necessary to stop building China up. North American and European corporations that have made China wealthy and technically proficient should back away from the bloody beast and focus on making their own nations great again.

Westerners created this monstrous threat to a better human future, and they need to withdraw their support from the miscreant dragon before it is too late. Without western corporations to steal from, China will be in trouble.

More: Up to 40% of US companies are moving out of China

A few of the corporations moving production out of China–


The action camera company is moving the bulk of its production out of China to Mexico by mid-2019. It will still continue to manufacture its local products in the country.

“Today’s geopolitical business environment requires agility,” GoPro CFO Brian McGee said in December. “We’re proactively addressing tariff concerns.”


The toymaker is shifting most of its production from China to Mexico, Vietnam and India due to Trump’s tariffs.

Steve Madden

The footwear and handbag maker, which ships the bulk of its goods from China, is shifting production to Cambodia. Executives at the Pawtucket, Rhode Island-based company previously said prices during the upcoming holiday shopping season would be higher as a result of the increased duties.

“We’d love to make shoes in the United States,” CEO Ed Rosenfeld told NPR. But “it’s very hard to envision a scenario where we’d make the types of products that we make, at the prices that we make them, in the United States.”

Stanley Black & Decker

The firm is shifting production of its hallmark Craftsman brand to the U.S., where it is opening a new facility in Fort Worth, Texas.

The company plans to hire 500 people for the $90 million plant, but will employ robots and other advanced technology to keep production costs in line with those in China.

Brooks Running

The athletic footwear maker owned by Warren Buffett’s Berkshire Hathaway is moving production from China to Vietnam, largely due to the new tariffs.

“We’ve had to make a long-term decision on this picture. It’s disruptive, but the reality. So we’ll be predominantly in Vietnam by the end of the year.” CEO Jim Weber told Reuters.

Whirlpool Corp.

The company is moving the manufacturing of some of its KitchenAid appliances to the U.S. from China.

Intel Corp.

CEO Bob Swan in June told Bloomberg the company is reviewing its supply chain and whether production can be shifted out of China.

“How do we move goods — sometimes our customers will move their operations — and how do we work the global supply chain so less product is coming directly from China to the US that would be subject to tariffs?” he told the outlet. __ Source

Apple is developing contingency plans for a phased pull-out from China, as are several other large firms who have not yet gone public.

“Last year, I noticed that the era of Made In China and supplying globally is over,” Tu said. The maker of mountain and racing bicycles closed one plant in China at the end of 2018 and shifted most U.S. orders out of the country. Giant announced last July it is setting up a factory in Hungary “as moving production close to your market is a trend.” __ Giant (bicycle) Manufacturing Company Reacts to trade war

China cheats in every way possible, which has allowed the tyrannical society to build its military and its cash clout quickly. But perhaps the world will eventually reconsider presenting its throat to the knife of the dictator. When that happens, the global economic and military calculus can change quickly.

China’s Urban Crisis

China’s Uphill Battle

Posted in China | Tagged | 4 Comments