Hillmarsh

Yep, plus they are talking about INCREASING short term debt issuance versus going back to QE. They have to because of the deficits. But this can create feedback and we'll have the situation of both government spending and bondholder cash contributing to the inflationary dynamic. So for some time to come, the trend will be inflationary, even as the Fed balance sheet winds down. Though, if you look at their balance sheet, it can only go down so far, since Treasury's bank account is at the Fed and I don't see that decreasing soon either.

We know this is true because the curve remains inverted, with short-term debt remaining around the FFR, but long-term is below it, when really it should be a bit above and on a slope upward toward the 30 year. Maybe it will eventually sink in. The FOMC started even talking about hiking rates again recently, since inflation failed to cool in recent months.

My general theory is that yes this was true for the Cold War era when there was a "trilateral" system of the USA with arms in Europe (what eventually became the EU) and East Asia (Japan, SK, Taiwan, etc) against the communist bloc. But since the 2000s, right before the GFC the EU was getting to be as big GDP as the USA and turning into a serious competitor and with more viable productive industry. Ever since then, I think US policy has been to harm the EU more and more. The US wants subservient allies, not self-sufficient ones. Alienating EU's energy ties to Russia has been more damaging to European industry than to Russia thus far. And as far as I can tell US oligarchs mainly care about the Ukraine because of the agricultural potential of that land and the US policy of controlling world food supplies. Supposedly some millions of hectares of Ukrainian land have already ended up owned by various Western companies like Cargill or Bayer (not sure if this has been proven but I'd not be surprised).

That's what I meant, thanks -- elevated omega-6 from farmed products. Remember to proofread your posts kids !

I also think there will be financial crashes, and likely more than one -- just as the last leveraged bubbles collapsed in 2008 and 2020. Of course, he is right that this will lead to them adopting an inflationary model to "solve" it, which will result in a worse version of the same dynamic with time. Eventually I think we will get the dreaded hyperinflation if it goes on long enough.

The wild card is that the demographic collapse and energy descent trends will be highly deflationary no matter what government does, but that's a longer term issue.

Yes, this is a good idea. Farmed salmon in the USA was fed in such a way that they had much diminished Omega-6 content versus wild-caught. However, I am not sure if practices have changed since I first looked into it, which was in the later 2000s. It is harder to track down suppliers to verify in the USA because of the supermarket phenomenon here.

I downvoted because the poster didn't back up any of its claims and these kind of hit and run, insulting posts are getting more and more common. I am starting to suspect there's a concerted effort by green energy shills to infiltrate these message boards and spread nonsense. We know there are organized efforts by bad actors to spam sites and spread discord and misinformation, and these kind of attacks have become so frequent that one really becomes suspicious. Green energy has big, institutional money behind it and a vested interest in lying to the public who subsidizes it about its viability, so there's plenty of motive to misuse sites both large and small for this purpose.

Used to get about 200+ pages of search results. Now it's about 30 actual results and half of them are fake / malicious / useless. Google as a company was once an innovator, but is now mostly a barrier to any kind of progress or improvement.

I believe that Western Europe's population at the dawn of the 17th century was about 20-25 million and this did not represent a base case for preindustrial organization -- in fact it was quite scaled up and organized in its own preindustrial way, with population having been significantly less at certain places and times before that. So that gives an idea of where things may be headed, and that doesn't take into account the accumulated damage to the biosphere that we can expect on the downside of the slope which did not have any parallel in the preindustrial world.

Ouch. I certainly got that impression from reading Consciousness of Sheep though. Watkins is one of the few who doesn't sugarcoat the UK's condition. Unfortunately there are few journalists here in the USA of whom the same could be said. Progress ideology is nowhere stronger than here.

If this turns out to be an extra-hot summer as the long term models are showing, and also droughty, then that will make 4 summers in a row (in my area, which is agrarian) of bad years. It will not take long to seriously damage food supplies at the rate this is going. I haven't looked into what conditions have been like in the other breadbasket areas like the Ukraine/S. Russia, the Cone of South America, or the fertile parts of East/South Asia.

A lot of these younger leftists are authoritarian and anti-intellectual, and react with hostility to any disagreement with their beliefs. This was a problem on Reddit and it's a problem on Lemmy. I don't know what happened to the left, but when I was young they were the intellectual and rational ones. These days, anything other than "fully automated luxury communism" is ecofascism I suppose. Yes, they do take the view that an accurate assessment of our predicament makes you a terrible person.

Also blaming white people for this is inappropriate as there is basically no part of the world today that's on a sustainable trajectory in the scenario of energy descent.