Daily Digest

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Daily Digest 5/29 - The Great War For Eurasia, Why Are Women Dropping Out Of The Workforce?

Monday, May 29, 2017, 11:16 AM

Economy

Keep Calm And Carry On (James W.)

Think about that for the moment. There could be hundreds, if not thousands, of dangerous extremists who should be monitored by the security agencies but who aren’t, as the resources simply aren’t available. The intelligence officers tasked with preventing terrorist attacks are playing God; taking a calculated risk that one potential terrorist is a greater threat then another radicalised extremist.

The truth is that our government has lost control of this problem.

Why are so many women dropping out of the workforce? (Suzie G.)

“I had a very established career,” Villaluna said. Then, in September, her plan to get a state subsidy for child care fell through, and the single mom couldn’t afford to spend thousands of dollars on private day care. The day she gave up her beloved 9-to-5 job, she cried for hours.

The 3rd wave of WIKI-the half empty cup (Jesper A.)

The first wave was enthusiasm and openness. The lack of articles allowed for innovation and cooperation. A clean slate, tabula rasa. Discovery.

The second wave was consolidation, checking, broadening of subject matter, responsability. Arrangement, decoration, fulfillment.

The Great U.S. Energy Debt Wall: It’s Going To Get Very Ugly (yogmonster)

As we can see, the outstanding debt (in bonds) will jump to $110 billion in 2018, $155 billion in 2019, and then skyrocket to $230 billion in 2020. This is extremely bad news because it takes oil profits to pay down debt. Right now, very few oil and gas companies are making decent profits or free cash flow. Those that are, have been cutting their capital expenditures substantially in order to turn negative free cash flow into positive.

The Great War For Eurasia (yogmonster)

The complex nature of world events and challenges would require intense explanations and a broad knowledge base to understand. This is not to suggest that people do not deserve the truth and that a high percentage of the population could not comprehend and manage a working understanding of how the world functions. It simple acknowledges the factual data of the intelligence bell curve within demographics and the disproportionate ability of people to process and transfer information and knowledge with any consistent level of accuracy.

Donald Trump’s Base Is Shrinking (jdargis)

The share of Americans who somewhat approve of Trump’s performance has actually increased slightly, however, from about 16 percent in early February to 17.9 percent as of Tuesday. In part, this probably reflects voters who once strongly approved of Trump and who have now downgraded him to the somewhat approve category. (Trump’s strongly approve and somewhat approve numbers have been inversely correlated so far, meaning that as one has risen, the other has tended to fall.) A potential problem for Trump is that in the event of continued White House turmoil, the next step for these somewhat approve voters would be to move toward disapproval of the president.

Russian Energy Minister: Deeper Cuts Still On The Table (Michael K.)

Yet, it seems that OPEC and Russia are for now comfortable with their quotas; or perhaps they are just not willing to risk losing further market share by cutting deeper. The latter is particularly likely for bigger OPEC producers such as Saudi Arabia and Iraq. The former has already lost some market share in Asia to the latter, to Iran, and to Russia.

A flight over Hong Kong's secret farms (blackeagle)

Hong Kong's tower blocks are now the site of a green revolution - as the stunning video above shows.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/26/17

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

4 Comments

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2770
Identification Please

Manchester, Berlin, Paris, Nice, London, New York: Passports and IDs Mysteriously Discovered in the Wake of Terror Attacks (GlobalResearch)

Quote:

This article reviews the “mysterious” phenomenon of IDs and Passports of terror suspects routinely discovered (often in the rubble) in the wake of a terrorist attack.

In most cases the alleged suspect was known to the authorities.

Is there a pattern?  The ID papers of the suspect are often left behind, discovered by police in the wake of a terrorist attack.

According to government and media reports, the suspects are without exception linked to an Al Qaeda affiliated entity.  

None of these terror suspects survived. Dead men do not talk.

In the case of the tragic events in Manchester, the bankcard of the alleged suicide bomber Salman Abedi was found in his pocket in the wake of the explosion.

Matt Holbert's picture
Matt Holbert
Status: Bronze Member (Offline)
Joined: Oct 3 2008
Posts: 95
Green Porn

See "A flight over Hong Kong's secret farms" above. Sorry, this is not a revolution. It does not take much logic to realize that this is simply ignorance or propaganda.

Quoting from Lean Logic, page 202: ' "As the energy analyst David MacKay points out, the phrase "Every little helps" is misleading. If it is not enough to stop climate breakdown, then it hasn't helped. He suggests that a more truthful way of putting it would be, "If everyone does a little, we'll achieve only a little." ' "Secret farms" qualify as little.

rhare's picture
rhare
Status: Diamond Member (Offline)
Joined: Mar 30 2009
Posts: 1323
Having a child is a responsibility not a right
LA Times article wrote:

“I had a very established career,” Villaluna said. Then, in September, her plan to get a state subsidy for child care fell through, and the single mom couldn’t afford to spend thousands of dollars on private day care. 

This is an attitude that I find really disturbing.  Here is a person who decides to have a child but expects the rest of society to help pay for that decision.  Note, it doesn't matter that it's a man or a woman, anyone who decides to have a child but doesn't have means to take care of that child without requiring someone to steal from others on their behalf is a big problem. She points out that it's thousands of dollars on private day care, who was she expecting to pay for it?

If we want to help put a stop to the unsustainable growth on the planet we really need to begin by removing all subsidies that promote having children - including state sponsored child care.  Would this woman have decided maybe not to have a child if she knew she was going to have to pay for it instead of the illusion of free support?

I know this comes across as heartless, but what's the alternative?  The root of the whole growth problem is the number of people on this planet, but until we change the attitude that having a child is not a right but rather a huge responsibility requiring sacrifice, none of the other issues brought up by the Crash Course matter. 

Articles like this just make me say why bother worrying about the issues in the crash course when even the most drastic changes in things like energy consumption buy a tiny amount of time before it's eaten up by the growing population.  May as well party until the end.

Michael_Rudmin's picture
Michael_Rudmin
Status: Platinum Member (Offline)
Joined: Jun 25 2014
Posts: 772
What's the alternative?

I love that question.Really, there should be no state plan there, and if her employer does not pay enough for her childcare, then she should internalize: get a freelance job; work for herself; get a job in which her child can safely be with her.

All of which involve the employer losing what is either a good employee, a bad employee, or a "rider".

Either way, as a freelancer, she won't be riding.

It's hard to make much money as a high-tech freelancer. You have to be a very good businessman, and you're likely to find yourself manipulated into excessive "freebees" by better businessmen. So the alternative is low-tech: Running a hot-dog cart, growing and selling flowers and bouquets with a vendor license, and so on.

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