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biffvernon



Joined: 24 Nov 2005
Posts: 18546
Location: Lincolnshire

PostPosted: Mon Oct 12, 2015 11:30 am    Post subject: Reply with quote

Google is my friend. First result:
Quote:
Question: How Many People are Killed or Injured in Hunting Accidents?

Answer:

According to the International Hunter Education Association, approximately 1,000 people in the US and Canada are accidentally shot by hunters every year, and just under a hundred of those accidents are fatalities. Most victims are hunters, but non-hunters are also sometimes killed or injured. Although some other forms of recreation cause more fatalities, hunting is one of the few activities that endangers the entire community, and not just the willing participants.


http://animalrights.about.com/od/wildlife/f/HuntingAccident.htm

Yep, they're bonkers.
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emordnilap



Joined: 05 Sep 2007
Posts: 14172
Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Wed Oct 14, 2015 11:19 am    Post subject: Reply with quote

Tarrel wrote:
Long established principles on here, but:

- Insulate as well as you can
- Grow what you can
- Learn to make, mend, repair, etc.
- Keep a few chickens


Thanks to a combination of circumstances - of which PS was a major factor (thanks to everyone here, including the naysayers) - I took the spirit of those principles as far as I could a few years ago.

It works. It lays bare the problem of this obsession with 'growth'. Growth is unnecessary. Resilience is preferable. Look after your needs. Wants are often transient if not illusory.
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emordnilap



Joined: 05 Sep 2007
Posts: 14172
Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Wed Oct 14, 2015 11:27 am    Post subject: Reply with quote

biffvernon wrote:
vtsnowedin wrote:
Built up areas go with shotguns to reduce the chance of a stray shot reaching a house beyond the visible trees etc.


They allow hunting with guns in built up areas. USA is deeply, deeply bonkers.


Hilary Clinton stated 90 people a day lost through firearms-related incidents. One every 15 minutes. Bonkers is an understatement.
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"Buddhists say we come back as animals and they refer to them as lesser beings. Well, animals aren’t lesser beings, they’re just like us. So I say fụck the Buddhists" - Bjork
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clv101
Site Admin


Joined: 24 Nov 2005
Posts: 7800

PostPosted: Wed Oct 14, 2015 12:56 pm    Post subject: Reply with quote

emordnilap wrote:
biffvernon wrote:
vtsnowedin wrote:
Built up areas go with shotguns to reduce the chance of a stray shot reaching a house beyond the visible trees etc.


They allow hunting with guns in built up areas. USA is deeply, deeply bonkers.


Hilary Clinton stated 90 people a day lost through firearms-related incidents. One every 15 minutes. Bonkers is an understatement.


No, this is fine. It's a perfectly acceptable for 90 people to die today because otherwise the Bolivian army would successfully invade in 2038 were it not for all these handguns. Twisted Evil
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raspberry-blower



Joined: 14 Mar 2009
Posts: 1610

PostPosted: Tue Feb 23, 2016 10:16 am    Post subject: Reply with quote

Back to the original topic

Michael Hudson on The Federal Reserve and the Global Fracture

Michael Hudson wrote:
In 2008 the Federal Reserve had a choice: It could save the economy, or it could save the banks. It might have used a fraction of what became the vast QE credit for example $1 trillion to pay off the bad mortgages and write them down. That would have helped save the economy from debt deflation. Instead, the Fed simply wanted to re-inflate the bubble, to save banks from having to suffer losses on their junk mortgages and other bad loans. Keeping these debts on the books, in full, let banks foreclose on defaulting homeowners. This intensified the debt-deflation, pushing the economy into its present post-2008 depression. The debt overhead is keeping it depressed. One therefore can speak of a financial war waged by Wall Street against the economy. The Fed is a major weapon in this war. Its constituency is Wall Street. Like the Justice and Treasury Departments, it has been captured and taken hostage.


Many of the policies used by the Fed have been replicated by the BoE, ECB (European Central Bank not the English Cricket Board Razz ) and the BoJ

He has some damning words on austerity:

Michael Hudson wrote:
Industrial capitalism plowed profits back into new means of production to expand the economy. But todays rentier model is based on austerity and privatization. The main way the financial sector always has obtained wealth has been by privatizing it from the public domain by insider dealing and indebting governments. The ultimate financial business plan also is to lend with an eye to end up with the debtors property, from governments to companies and families. In Greece the European Central Bank, European Commission and IMF demanded that if the nations elected representatives did not sell off the nations ports, land, islands, roads, schools, sewer systems, water systems, television stations and even museums to reimburse the dreaded austerity troika for its bailout of bondholders and bankers, the country would be isolated from Europe and faced with a crash. That forced Greece to capitulate. What seems at first glance to be democracy has been hijacked by politicians who accept the financial class war ideology that the way for an economy to get rich is by austerity. That means lowering wages, unemployment, and dismantling government by turning the public domain over to the financial sector.

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raspberry-blower



Joined: 14 Mar 2009
Posts: 1610

PostPosted: Wed Jul 26, 2017 11:12 am    Post subject: Reply with quote

Another must read at TAE:

Ilargi: Central Banks ARE the Crisis

Ilargi wrote:
That another crisis is waiting to happen, and that politics and media have made sure that just about no-one at all is aware of it, is one thing. We already knew this, a few of us. That the world’s main central bankers have an active incentive to bring about the crisis, if only by sitting on their hands long enough, is new. But they do.

Yellen, Draghi and Kuroda may opt to leave before pulling the trigger, or be fired soon enough. But whoever is in the governor seats will realize that unleashing a crisis sooner rather than later is the only option left not to be blamed for it. Let the house of dominoes crumble now, and they can say “nobody could have seen this coming”, while at the same time saving what they can for the banks and bankers they serve. That option will not be on the table for much longer.

We should have never given them, let alone their member/master banks, the power to conjure up trillions out of nothing, and use that power as a political tool. But it is too late now.

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raspberry-blower



Joined: 14 Mar 2009
Posts: 1610

PostPosted: Tue Aug 14, 2018 8:03 pm    Post subject: Reply with quote

The problem of "cheap debt" endowed onto the Emerging Markets is that it is a real kicker when the piper comes a calling.

Wolf Richter: The Price of Cheap Dollar/Euro debt: Local Currencies come unglued; Debt crisis ensues

Wolf Richter wrote:
After nine years of experimental monetary policies in the US, Europe, Japan, and elsewhere, the Emerging Market economies have become addicted to this debt borrowed in a hard currency that they cannot inflate away. In Turkey, this cheap debt – cheap even for junk-rated issuers such as the government of Turkey – funded a construction boom in the property sector. This construction boom has been crucial to the economy – which is why the government is trying to ride this bull all the way.

Turkey’s inflation is surging. In July, annual inflation reached 16%, the highest since January 2004. Inflation is what ultimately destroys a currency. But it’s not yet 30% as in Argentina, and perhaps the government thinks it still has some leeway.

The Turkish lira always hits record lows against the dollar, interspersed with brief periods of upticks, because the Turkish government has always destroyed its currency at a blistering speed. But even for Turkey, this is a bit much.

A currency crisis is one thing. But when a currency crisis morphs into a foreign-currency-denominated debt crisis, all heck tends to break lose. This is when the cheaply borrowed dollars and euros that the economy has come to depend on suddenly dry up. And then the whole economic edifice based on this debt tends to come unglued.

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