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Monday, August 29, 2016

EYE on the World - Global Physics: An Unsustainable Shrinking Pie







 Stories Going Beyond The Mainstream 

 


    Global Physics:

 An Equation That Is Not Sustainable.  


" Our Daily Shrinking Planetary Pie With More Mouths" 


We Are Running Out of Natural Resources - Now What?




unep-material-extraction-chart


Humans are gobbling up natural resources at a terrifying rate


Humans are using too much crap.
That’s the official word from a new U.N. report on the use of natural resources. It found that, from the food we eat to the homes we live in to the fuels we burn, our rates of consumption are just unsustainable. That’s not too surprising, but the real shock is that our extraction of the primary materials used to make all of our stuff has more than tripled in the past 40 years.

“We urgently need to address this problem before we have irreversibly depleted the resources that power our economies and lift people out of poverty,” said the U.N.’s Alicia Bárcena Ibarra. 

Scotland On Path To Completely Ditching Fossil Fuels



stirlingwindfarm-1.jpg 

Scotland just produced enough wind energy to power it for an entire day


Strong winds combined with low demand on a sunny summer Sunday help Scotland reach ‘significant milestone’ on path towards ditching fossil fuels entirely

For the first time on record, wind turbines have generated more electricity than was used in the whole of Scotland on a single day.
An analysis by conservation group WWF Scotland found unseasonably stormy weather saw turbines create about 106 per cent of the total amount of electricity used by every home and business in the country on 7 August.
Gale-force winds lashed much of the country with a speed of 115mph recorded at the top of Cairngorm mountain. 

Serious Money Moving To The Sidelines




Investors Stockpiling Cash Like It’s 1999

Wealthy investors are stockpiling cash at levels we haven’t seen since 2001, in the wake of the Dot Com crash. The cash slush pile is larger even than in 2008 when investors fled the market during the Lehman collapse. According to a recent survey, large investors, including asset managers and institutional investors, have almost six percent of their holdings in cash. The amount of cash being squirreled away by just the world’s billionaires, not solely in the U.S., but worldwide, is estimated to beas high as $1.7 trillion dollars. That’s ten percent of the entire U.S. GDP.

There are a lot of reasons that the investment world has retreated to cash, but this is the first time it’s happened when there was no clear ongoing economic disaster. In other words, seasoned investors are behaving as if there’s been a market collapse at a time when equity markets continue to march higher—when to all outward appearances we’re in a boom.


Last Days For Oil Industry? 


Heinberg: Is the Oil Industry Dying?  

The peak oil controversy stages a comeback as the industry confronts a future of higher costs — and low prices. A spindletop spouter gushes oil in 1902. (Image: Wikimedia Commons) Talking about “peak oil” can feel very last decade. In fact, the question is still current. Petroleum markets are so glutted and prices are so low that most industry commenters think any worry about future oil supplies is pointless. The glut and price dip, however, are hardly indications of a healthy industry; instead, they are symptoms of an increasing inability to match production cost, supply, and demand in a way that’s profitable for producers but affordable for society. 
Is this what peak oil looks like?  

No Future For Middle-Class Or Wage-Earners





Here's Why Wages Have Stagnated--and Will Continue to Stagnate

The only way to reverse declines in labor participation and stagnation in wages and demand is to make it easier to start enterprises and hire people.

Mainstream economists are mystified why wages/salaries are still stagnant after 7+ years of growth / "recovery." The conventional view is that wages should be rising as the labor market tightens (i.e. the unemployment rate is low) and demand for workers increases in an expanding economy. 

Overpopulation Ultimately Leads To Global Food Shortages



The Odds of a Global Food Crisis Are Rising

Image result for food crisis venezuela

The vulnerability of global food production to extremes of weather is a profound reality that few grasp.
Given the current abundance of food globally, confidence in permanent food surpluses and low grain prices is high. Few worry that the present abundance of food could be temporary. But the global food supply is more fragile than we might think, despite historically low grain/agricultural commodity prices.


Both corn and wheat have plummeted in price due to current demand/supply:



Let's start with one salient fact: there are 7+ billion human mouths to feed now plus hundreds of millions of animals that are being fed grain to supply humanity's insatiable appetite for meat:

Friday, August 19, 2016

ALERT: Major Crisis Looms As #Saudi's Miss Foreigners' Payrolls




Saudi Companies Unable to Pay Foreign Workers Salaries in Arrears


Image result for payroll accounting


RYAD – Thousands of foreign workers in Saudi Arabia, most of them Asian, are in financial dire straits as large Saudi corporations are in arrears with their salaries, a crisis due to the freeze on many construction projects after the oil prices collapse.

Image result for saudi financial crisis

One example would be the “Saudi Ogeh” company, whose employees have resorted in the past weeks to protest in front of the company’s HQ in Jeddah and provoked fires in their sleeping barracks and staff shuttle buses.

A Filipino worker, who identified himself as “Edward,” told EFE that “Saudi Ogeh” hadn’t paid them any wages for nine months and they had filed complaints both at the Saudi Ministry of Work and the Philippines’ embassy in Ryad.

“The embassy is trying to help us, but we ask our government and president to intervene as some of us have children and we need to pay their schooling and our debts back home,” he added with anxiety.


Image result for saudi financial crisis

Due to the financial crisis “Saudi Ogeh” is immersed in, they cannot even process the documents required by workers enabling them to seek another job or return to their home countries, as they need the “authorization” of their employer to leave Saudi Arabia.

The Saudi Ministry of Work has tried to intermediate between the company and its workers, by offering them money, renewing their work visas or granting a travel visa to leave Saudi Arabia.

Image result for saudi financial crisis



Read More

Thursday, August 18, 2016

Overpopulation Ultimately Leads To Global #Food Shortages


The Odds of a Global Food Crisis Are Rising

Image result for food crisis venezuela
The vulnerability of global food production to extremes of weather is a profound reality that few grasp.
Given the current abundance of food globally, confidence in permanent food surpluses and low grain prices is high. Few worry that the present abundance of food could be temporary. But the global food supply is more fragile than we might think, despite historically low grain/agricultural commodity prices.


Both corn and wheat have plummeted in price due to current demand/supply:
Let's start with one salient fact: there are 7+ billion human mouths to feed now plus hundreds of millions of animals that are being fed grain to supply humanity's insatiable appetite for meat:
What few consumers grasp is that the global abundance of food depends on weather extremes remaining rare. If extremes of weather become commonplace, global food surpluses will turn into shortages.
In the larger context, the global food supply chain is a real-world system that cannot be "fixed" with financial gimmicks. No amount of money-printing will replace crops lost to weather extremes, replenish depleted fresh-water aquifers, magically rebuild top soil lost to erosion or repair the environmental ravages of industrial pollution.

Wednesday, August 17, 2016

No Future For Middle-Class Or Wage-Earners


Here's Why Wages Have Stagnated--and Will Continue to Stagnate



The only way to reverse declines in labor participation and stagnation in wages and demand is to make it easier to start enterprises and hire people.
Mainstream economists are mystified why wages/salaries are still stagnant after 7+ years of growth / "recovery." The conventional view is that wages should be rising as the labor market tightens (i.e. the unemployment rate is low) and demand for workers increases in an expanding economy.
But wages are only rising significantly for the top 5%, while workers between the bottom 81% who have seen their household incomes decline and the top 5% are experiencing stagnant earnings.

Tuesday, August 16, 2016

BIG IDEAS: Robots Are Replacing Farm Workers...Who's Next?




7 robots that are replacing farm workers around the world



roverThe rover, a bot that herds cattle.University of Sydney
In the future, robots will increasingly replace farm workers, using artificial intelligence to plant, grow and harvest our food.
In fact, many farms are already using fleets of robots, which can tend to fruits and veggies more efficiently than a human can.
Here's a look at seven machines that are currently aiding farmers around the world.

The Wall-Ye prunes vineyards.

winebot

French inventor Christophe Millot created an autonomous bot, called the Wall-Ye, that helps to prune and harvest grapes at vineyards. 
Using infrared sensors and scissor-hands, it can detect and snip weak vines as well as monitor the health of the soil and grapes.
Before it can start working, the system is programmed with a map of the vineyard so that it knows where to go.


Washington’s Strategic Defeat: Erdogan Trumps Gulenist Coup
Erdogan was aware of the growing power of the Gulenists and their growing links to Washington.  Erdogan moved decisively  and successfully, to pre-empt the Gulenist power grab by forcing a premature coup.

Green Party Nominee Jill Stein
Stein is now polling at 5%, Clinton at 45%t, Trump at 35% and Libertarian Gary Johnson at 9%.  

An Updated Version Of The “Peak Oil” Story
The attempt by governments to fix the oil shortage problem didn’t really work. Instead, it led to the opposite mismatch from the one we were expecting. We got an oversupply problem–a problem of finding enough space for all our extra supply

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