Daily Digest

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Daily Digest 6/12 - Venezuela's Long Road To Ruin, What Would Happen If We Stopped Vaccinations?

Tuesday, June 12, 2018, 10:24 AM

Economy

Venezuela’s Long Road to Ruin (Thomas R.)

Word from Caracas is that locals have taken to scouring city streets for plastic garbage bags full of rubbish and, when they find them, emptying the contents so that they can resell the bags.

Polio makes comeback in Venezuela after decades (Thomas R.)

Oletta slammed health authorities in President Nicolas Maduro's government for taking more than a month to notify the PAHO that it had identified the virus. International health regulations require it to do so within 24 hours.

No, Thanks: Why Russia is Wary of Borrowing Abroad (LesPhelps)

This year Russia will have a budget surplus – the first in seven years with the Finance Ministry expecting state revenues to exceed outlays by more than half a trillion rubles ($16 billion).

A small foreign debt is also an indicator that the economy is performing well and the country is paying less interest on borrowed money.

On The G7, Tariffs and Trade (Thomas R.)

Mexico has zero room to complain. Well, except that their $3/hour wages to build cars are under threat. Why do we allow that, if Mexico is an alleged first-world nation? Isn't the truth that they're not -- they're a narco-terrorist wonderland that has exported unskilled labor and lawless gang members to the United States for decades, yet expects us to do nothing in reply? Indeed they give safe passage to people from all over Central America through their nation illegally to get to the US, in direct violation of International standards which say that a refugee must apply for asylum in the first safe nation they reach.

Yes, You Can Be High-Functioning With A Severe Mental Illness (Thomas R.)

But that’s how things were before I found the right medication. The dark periods still happen: times when I think everyone hates me, when I sleep all the time. But I spend most of my time in a hypomanic state now. That means I just get very obsessed with something (like sewing or my garden), that I talk too much, that I’m hyperproductive. When I start to spiral down, I adjust my meds per my psychiatrist’s recommendations. I don’t fall down much anymore, not as far as I used to, or at least I haven’t recently.

Deutsche Bank: The Fiat Money World May Be Coming to An End (Thomas R.)

Buried in this explanation, of course, is what Austrians have long pointed out about prices: In a modern economy, the natural thing for prices to do is go down. Contrary to the deflation-phobia exhibited by so many economists today, falling prices are a signal of improvements in capital, and possibly of greater access to capital by workers. Neither of these things are a danger to an economy.

Golden Triangle Update (DG)

Known best for its Nickle Mtn Discovery, Garibaldi Resources and its cousin, Metallis are starting their drill campaigns to identify and outline their reserves. These guys are the Whales amongst the explorers in the Golden Triangle. No news yet, too early as winter in the mountains has just subsided enough to get the drill rigs moving to their sites.

What Would Happen If We Stopped Vaccinations? (Thomas R.)

Most vaccine-preventable diseases are spread from person to person. If one person in a community gets an infectious disease, he can spread it to others who are not immune. But a person who is immune to a disease because she has been vaccinated can’t get that disease and can’t spread it to others. The more people who are vaccinated, the fewer opportunities a disease has to spread.

Toddlers consuming too much added sugar, study finds (Thomas R.)

Extra sugar consumption has been linked to high levels of obesity, cavities, asthma, and risk factors for heart disease later in life. It's also been associated with higher cholesterol levels and elevated blood pressure. Added sugar is especially bad for children, as it sets diet preferences that could lead them to make poor nutritional choices later in life.

72% of Canadian men are unhealthy, study says. This region is second worst (Thomas R.)

“You are out with your buddies and everybody is having fries and you’re not going to order that salad because of the masculinity issue,” Rachert said. “It’s that hegemonic male or that hyper-masculine male where you are invincible and your health isn’t a concern and that ache and pain will go away on its own. Iit’s huge. It is culturally based, we see it on TV, we see it reflected in movies, we see it everywhere. We’re kind of inundated with that stigma in the media -- the strong, masculine, stoic guy.”

China Hacked US Navy Contractor, Stole 614GB Of Submarine Missile Secrets (Thomas R.)

The data breach occurred earlier this year as the investigation is still ongoing. The officials said that the contractor was working at the Naval Undersea Warfare Center, a full-spectrum research, development, and testing arm of the Navy. The warfare center focuses on submarines, autonomous underwater systems, and offensive and defensive weapons systems associated with undersea warfare.

Auto lenders take on more risk to attract more customers: WSJ (Thomas R.)

Auto lenders are seeking to offset slower loan growth by lengthening the terms of auto loans and extending loans to consumers who are stretching further to afford payments, the Wall Street Journal reports.

How To Make A Safe Room (thc0655)

A window in your safe room is only ideal if it’s impenetrable from the outside and doubles as an escape route. Ground floor windows need window bars more than upper floor windows unless a fire escape or nearby tree make outside access easier. A rope ladder in your safe room will help you climb down from upper windows.

Reinforce all external windows in the home with shatterproof Plexiglass which should hold up to most penatration attempts. Or go all out and install bulletproof glass. Use black-out curtains where possible. It’s more difficult for an intruder to shoot you if they can’t see you.

Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting (Michael S.)

Venezuela wrote to OPEC members, asking them to denounce U.S. sanctions, a request similar to the one Iran made recently. “I kindly request solidarity and support from our fellow members,” Venezuelan oil minister Manuel Quevedo wrote. The group should discuss “the constraining effects of unilateral sanctions imposed by the United States of America, which represent an extraordinary aggression, financially and economically, for our national oil industry’s operations and the stability of the market.”

In the Battle against Lyme Disease, the Ticks Are Winning (Thomas R.)

This lack of progress is not a random development. It is, rather, the product of a false image of Lyme disease, embraced by health officials and repeated in reviews of the medical literature, as an illness that is easy to diagnose and readily treatable. That picture should long ago have given way to a more nuanced view that acknowledges flaws in diagnostic tests and the limits of short-course antibiotics to cure the disease.

Geoengineering Watch Global Alert News, June 9, 2018 (yogmonster)

To control the flow of information is to control public opinion. How extreme must media censorship become before populations begin to understand many or most of their opinions were crafted for them? What are the latest breaking headlines from the front lines of the biosphere? What “predictions” are being made about the coming Atlantic hurricane season? What are the claims about who is using the weather to their advantage?

Giant African baobab trees die suddenly after thousands of years (LesPhelps)

Between 2005 and 2017, the researchers probed and dated “practically all known very large and potentially old” African baobabs – more than 60 individuals in all. Collating data on girth, height, wood volume and age, they noted the “unexpected and intriguing fact” that most of the very oldest and biggest trees died during the study period. All were in southern Africa – Zimbabwe, Namibia, South Africa, Botswana, and Zambia.

Warning of 'ecological Armageddon' after dramatic plunge in insect numbers (From 2017, Will H.)

“Insects make up about two-thirds of all life on Earth [but] there has been some kind of horrific decline,” said Prof Dave Goulson of Sussex University, UK, and part of the team behind the new study. “We appear to be making vast tracts of land inhospitable to most forms of life, and are currently on course for ecological Armageddon. If we lose the insects then everything is going to collapse.”

Gold & Silver

Click to read the PM Daily Market Commentary: 6/11/18

Provided daily by the Peak Prosperity Gold & Silver Group

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