Daily Digest

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Daily Digest 12/12 - Switzerland Prepared For Collapse, 'Worrying Alarm Call' For World's Endangered Birds

Tuesday, December 12, 2017, 12:00 PM

Economy

Switzerland is Prepared for Civilizational Collapse (tmn)

“In another [underground bunker], detailed instructions on how to build devices for reading all known data storage formats, even older formats like floppy disks, are kept, so that if that knowledge is otherwise lost, future generations can still decode our data storage devices to access the data within correctly. Essentially, the researchers involved in this particular project have attempted to create a “Rosetta Stone” of data formats and are using a ridiculously secure Swiss bunker as the storage point for that knowledge.”

When Buying Prescription Drugs, Some Pay More With Insurance Than Without It (jdargis)

Although there are no nationwide figures to track how often consumers could have gotten a better deal on their own, one industry expert estimated that up to 10 percent of drug transactions involve such situations. If true nationwide, that figure could total as many as 400 million prescriptions a year. The system has become so complex that "there's no chance that a consumer can figure it out without help," said the expert, Michael Rea, chief executive of Rx Savings Solutions, whose company is paid by employers to help them lower workers' drug costs.

Pecking Order (lambertad)

We are trained and told that the pecking order is not a real and brutal thing in the human species. This is a lie. It is an intentional lie, one that we pretend isn’t evil and where we are not complicit.

Bitcoin Doesn't Exist - 5 (DennisC)

Hackers could find a vulnerability not in Bitcoin, but in Android or AppleOS, slowly load the virus on 10,000 devices, then steal 10,000 passwords and clear 10,000 accounts in an hour. There are so many things that can go wrong, not because of the software, but at the point where you interface with the software. Every vault has a door. The door is what makes a vault useful, but is also the vault’s weakness. This is no different than leaving blank checks around, losing your debit card, or leaving cash on your dashboard, but it’s not true that there are no drawbacks. However the risks are less obvious and more unfamiliar.

Iraq formally declares end to fight against Islamic State (jdargis)

“This signals a new chapter towards a more peaceful, prosperous country,” the British prime minister said. “We must be clear however, that whilst Daesh (Isis) is failing, they are not yet defeated. They still pose a threat to Iraq, including from over the Syrian border.”

Macron awards US scientists grants to move to France in defiance of Trump (tmn)

Trump has expressed skepticism about global warming and said the Paris accord would hurt US business by requiring a reduction in climate-damaging emissions.

“We will be there to replace” US financing of climate research, Macron told the winners in Paris on Monday.

Panama Canal Can’t Handle U.S. LNG Boom (Michael K.)

But there’s more: recently the head of an LNG producer, Sempra, and the chief executive of the Panama Canal Authority locked horns over the discrepancy between the LNG industry’s plans and the Canal’s capacity. Sempra’s head, Octavio Simoes, fired the first shot, saying that in the future, insufficient channel capacity could cost gas traders a substantial sum and cripple U.S. LNG sales internationally. The Authority’s head, Jorge Quijano, responded with a hint that the LNG industry has yet to prove it deserves more slot reservations than one a day.

'Worrying alarm call' for world's birds on brink of extinction (jdargis)

''A species at higher risk of extinction is a worrying alarm call that action needs to be taken now. ''

He added that success in kiwi and pelican conservation had shown that, when well-resourced and supported, conservation efforts do pay off.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/11/17

Provided daily by the Peak Prosperity Gold & Silver Group

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6 Comments

Matt Holbert's picture
Matt Holbert
Status: Silver Member (Offline)
Joined: Oct 3 2008
Posts: 118
I found the articles in today's DD to be particularly engaging

...and helpful in a practical way. It may be a sign that the world outside of PP is waking up.

newsbuoy's picture
newsbuoy
Status: Gold Member (Offline)
Joined: Dec 10 2013
Posts: 252
Fatal blast at major Austrian gas facility causes disruptions

https://www.rt.com/news/412822-gas-explosion-austria-dead/

newsbuoy's picture
newsbuoy
Status: Gold Member (Offline)
Joined: Dec 10 2013
Posts: 252
cmartenson's picture
cmartenson
Status: Diamond Member (Offline)
Joined: Jun 7 2007
Posts: 5727
The memory hole

this could get interesting....

If you remember, the US claimed at the time that it was (oddly) Yanukovych's forces firing on the protestors, and his own police.

It made far more sense that "somebody" who wanted to stir up trouble was behind the snipers.

https://tsargrad.tv/news/gruzinskie-najomniki-na-sude-sdadut-zakazchikov...

Geedard's picture
Geedard
Status: Bronze Member (Offline)
Joined: Oct 13 2014
Posts: 79
IF....

IF...they survive long enough to tell their story...let's hope so...

Geedard's picture
Geedard
Status: Bronze Member (Offline)
Joined: Oct 13 2014
Posts: 79
Swiss preparedness

The article about Swiss preparedness was particularly interesting...not because it told us anything new about the Swiss and their genetic / cultural tendency towards preparedness (I live in Switzerland and experience it first hand)...but rather all the reader comments at the end of the article. It's astounding to see how many people from other countries missed the point of the article (ANY preparedness is better than none) and just how many people focussed upon the minor details instead of the big picture. Same old, same old...

In Switzerland, my feeling is that many people "silently" feel what's ahead, but barely whisper it out loud for fear of ridicule, so they just quietly prepare instead. My gut feeling is that that is increasingly true in many other countries too.

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