“The Reserve Bank of Australia had become the first major central bank among developed economies to ‘pause’ its rate hikes at the meeting in April. This was widely ballyhooed as a harbinger for the Great Pause that would spread among other central banks, to then be quickly followed by the Great Rate Cuts – in months not years. Those hopes got crushed when the RBA became the first central bank to un-pause at the May meeting with a 25-basis point hike. Today, the RBA hiked its cash rate another 25 basis points to 4.1%, the highest since April 2012. It put more hikes on the table.” Wolf Richter, Reserve Bank of Australia, First Central Bank to “Pause,” then “Un-Pause,” Hikes Again, Warns of More Hikes. QT Continues, 6.6.2023
Zitat
Ö: Feuchter Toast und inkorrekter Mohr – Zitat des Tages
“Unter den hausgemachten Desserts wie Apfelstrudel oder Topfenknödel sticht dann noch ‘Mohr im Hemd’ heraus. Und das in einem soeben neu eröffneten Café im Jahr 2023 – spätestens hier könnte man meinen, dass man einfach aus alten Speisekarten abgeschrieben und die Preise verändert hat (…) Beim Kaffee kann man zumindest Hafermilch statt Kuhmilch bestellen, das dürfte momentan aber schon das Einzige sein, was an ‘Neuem’ angeboten wird.”, Petra Eder, Der Standard, Auf einen feuchten Käsetoast ins wiedereröffnete Café Westend, 30.5. 2023 [Read more...]
Das Ende des Wachstums- Zitat
“After more than two centuries of expansion, the global economy has inflected into contraction, meaning that prior growth in material prosperity has gone into reverse. By 2040, aggregate prosperity is projected to be 13% lower than it was in 2019, implying that the prosperity of the world’s average person will have fallen by about 26% over that period. Meanwhile, his or her real cost of energy-intensive essentials is likely to have risen by around 40% in real terms, except that the definition of ‘essential’ will have to have been changed in order to keep that number within the upper limit set by prosperity. Discretionary (non-essential) consumption will have collapsed.” Tim Morgan, A tale of two economies, 28.4.2023
“Lächerlicher Streit” um Klimapolitik in Deutschland – Zitat des Tages
“Ich glaube, weil die ganze (Klimapolitik-)Diskussion .. jenseits der Realität stattfindet. Wenn wir in Deutschland den CO2 Ausstoß durch Autos, Fabriken ,durch das Ausatmen von Menschen, durch Tiere auf Null bringen würden, würde das am Klima überhaupt nichts ändern und die große Frage ist, welche Rolle CO2 überhaupt dabei spielt.Aber der Anteil von CO2, den die Deutschen produzieren, ist so gering, weltweit gesehen, dass das vollkommen lächerlich ist, was die da die ganze Zeit machen.” Stefan Aust, Sachbuchautor, Ex-Spiegel-CR, Welt-Herausgeber, BUNDESREGIERUNG: Klimastreit der Ampel? “Vollkommen lächerlich!” Klartext von Stefan Aust via YT
“Krieg gegen Russland, nicht gegen einander”: Annalena in Straßburg
“Yes we have to do more to defend Ukraine, yes we have to do more also on tanks – but the most important and the crucial part is, that we do it together and that we do not do the blame game in Europe because we are fighting a war against Russia and not against each other.” Deutsche Außenministerin Annalena “Plappermäulchen” Baerbock vor dem EU-Parlament, 25.1.2023
“Metallklumpen am Meeresgrund” – Zitat des Tages
“Ich - und ich glaube, die gesamte (US-)Regierung - sind äußerst erfreut, dass die Nordstream 2 jetzt ein Metallklumpen am Meeresgrund ist, wie sie (die US-Senatoren) zu sagen belieben.” Victoria Nuland, (Unter-)Staatssekretärin im US-Außenministerium am 26.1.2023, Forbes Breaking News via YT (eigene Übersetzung)
Dieselkrise & strategische Reserve – Zitat des Tages
“La escasez de diésel ya está empezando a hacer mella en Europa. En la actualidad, falta casi el 25% del consumo de diésel de Europa, el cual se está cubriendo con las reservas estratégicas de algunos estados: Austria, Croacia, Suiza, Alemania y Francia por culpa de las huelgas en las refinerías de Total.” Antonio Turiel: “La escasez de energía y falta de materias primas nos aboca a una época como el fin del Imperio Romano”, El Diario/ileon, 5.1.2023 [Read more...]
Covid und die Übersterblichkeit seit 2021- Zitat des Tages
“To overgeneralize: In 2020, the vulnerable died of Covid at unusually high rates. In 2021 and 2022, Covid continued its assault, but the young, middle-aged, and healthy also died in aberrantly high numbers of something else. These patterns are repeating across the high-income developed world – Germany, the UK, Japan, South Korea, Australia.” Bret Swanson, Where Did All the Workers Go? A brief look at U.S. all-cause mortality: Part 5, 19.1.2023
Krisenpolitik- und “Wissenschafts-Favoritismus” – Zitat des Tages
“Es kann nicht sein, dass es so ist wie heute. Es gibt eine ganz verengtes Bild von der Wissenschaft und die Politik selber, die sucht sich eigentlich nur die Art von Wissenschaft aus, die Sie hören will, nämlich solche Kollegen, die dann die vorgefassten Entscheidungen nur noch bestätigen und rechtfertigen. (Das) hat man deutlich in der Corona-Krise gesehen, (das) sehen wir aber auch in der Euro-Krise und Klima-Krise.” Krise als Mittel zur Macht – Prof. Fritz Söllner auf der Frankfurter Buchmesse, JF auf YT, Oktober 2022
The Ukraine, Russia and the USA – Zitat des Tages
“Bottom line: Ukraine is and always was within Russia’s sphere-of-influence, and will remain so. The USA has no business there and it will be best for all concerned when we bug out. Let’s hope that happens without America triggering a nuclear World War Three. (Yeah, “hope” is not a plan. Try prayer, then.) Mr. Putin’s challenge going into 2023 is to conclude the Ukraine hostilities without humiliating the USA to the degree that we do something really stupid.” James Howard Kunstler, Forecast 2023 — Get Out of the Way if You Can’t Lend a Hand, Clusterfuck Nation, 30.12.2022
Über das FBI, kommunistische Mitläufer & Konspirationisten, Zitat
“However, it is the attack on its critics that is most striking. While the FBI denounced critics of an earlier era as communists and ‘fellow travelers’, it now uses the same attack narrative to label its critics as ‘conspiracy theorists’. After Watergate, there was bipartisan support for reforming the FBI and intelligence agencies. Today, that cacophony of voices has been replaced by crickets, as much of the media imposes another effective blackout on coverage of the Twitter Files (…) As for the rest of us, the FBI now declares us to be part of a disinformation danger which it is committed to stamping out — ‘conspiracy theorists’ misleading the public simply by criticizing the bureau. Clearly, this is the time for a new Church Committee — and time to reform the FBI.” Jonathan Turley, When The FBI Attacks Critics As “Conspiracy Theorists”, It’s Time To Reform The Bureau, 26.12.2002
Tverberg zu Zwangsvorstellungen über den Klimawandel – Zitat
“The incorrect narrative provided by mainstream media (MSM) is that climate change is our worst problem. To lessen this problem, citizens need to move quickly away from fossil fuels and transition to renewables. The real narrative is that we are running short of fossil fuels that can be profitably extracted, and renewables are not adequate substitutes. However, this narrative is too worrisome for most people to handle.” Gail Tverberg, The economy is moving from a tailwind pushing it along to a headwind holding it back, Our Finite World, 16.12.2022
Luke Gromen über die schwierige US-Fiskalposition & den “Fed-Pivot”
“Once you get federal spending at 25% of GDP and debt at 120% of GDP and deficits at 7% of GDP (…) by the way – at all-time record tax receipts inflated by an everything bubble that’s now deflated (…) Okay, we need to cut spending (…) Okay how much should we cut spending? Well, historically we’ve gone into recessions with 2% of GDP … debt to deficits of GDP (sic), but we’re at 7 so let’s cut, you know, and actually we’re probably closer to 9 now, but let’s just use 7, we’ll cut 5 points of GDP out (…) At the great financial crisis GDP fell 5% (…) It’s really a question of how you wanna light the fuse.” Luke Gromen: Ballooning Deficit Caused By Higher US Debt Costs Likely To Force The Fed To Pivot, Wealthion, 15.12.2022 (via YT)
Europa: “Verdorbene Gogonzola-Pizza vollendet Lebenszyklus”, Zitat
“Not that state flags are supposed to be works of art, but at least they can be inspiring. But this flag (EU) is completely flat, unoriginal, and depressing. It looks mostly like a blue cheese pizza gone bad (…) It is the conclusion of a thousand-year cycle that’s coming to an end. It was probably unavoidable, but that doesn’t make it less painful. ” Ugo Bardi, The End of Europe: The Conclusion of a Long Historical Cycle, The Seneca Effect, 12.12.2022
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