Moon of Alabama Brecht quote
April 25, 2024
Open (Neither Ukraine Nor Palestine) Thread 2024-121

News & views (not related to the wars in Ukraine and Palestine) …

Comments

@smuks | Apr 26 2024 22:08 utc | 88
@LightYearsFromHome | Apr 26 2024 22:26 utc | 89
By the 1780s, the single biggest expenditure, by far, of the French national budget was the payment of the yield on the national debt. The government was basically broken and paralyzed.
Now the USA not only have a high and rising debt, but also high interest rates on that debt. Those rates are now much higher than those of Japan, Germany or any major Euro economy. That is why the situation is shifting, quickly.

Posted by: SG | Apr 27 2024 9:30 utc | 101

It wouldn’t stir the least surprise if Peskov is included in the purge. Always been a bit wary of him and his ex officio power to eavesdrop and influence. I recall Dancing with Bears alluding to dubious business from time to time. Somthiing I appreciate about JH is he touches on things in an allusory way and then lets them stand without pressing any further. Waiting with bated breath.

Posted by: petra | Apr 27 2024 9:39 utc | 102

Calling the re-establishment of market price discovery “dollar devaluation” is Orwellian indeed.

Posted by: too scents | Apr 27 2024 10:13 utc | 103

Silence speaks louder daily.
No denials about the Zionazis desperate eschatological escalation attempt.
No news of their barbarian super natural beliefs and virgin cow sacrifice.
Plenty of evidence of mass murder of civilians and prisoners with tied wrists.
There is no possible return from any of that – but the Truth must out – was it an s500 did it vaporise the F35 and its payload. Is Blinken the never elected and the bankers, the self selected, begging China to yield! Or else?
I sense some private jets and super yachts and country estate homes suffering some accidental destruction. There’s no hiding thousands of miles away from the human misery and death they cause. Not with hypersonics and satellites and real time info.
The silence is deafening.
b?

Posted by: DunGroanin | Apr 27 2024 10:44 utc | 104

COMBATE |🇵🇷
@upholdreality
Piers Morgan tries to justify war crimes: “How else could we have fought the Nazis?”
Prof. Mearsheimer: “Well, if you look at how the Soviets fought, who were basically responsible for defeating the Nazis… there were no bombings of cities, no dropping of nuclear weapons.”
https://twitter.com/upholdreality/status/1783998326511403316

Posted by: Menz | Apr 27 2024 12:29 utc | 105

Yowser! Can anyone here confirm this is real, that this is exactly what was said?
Xi Jinping to Blinken:

“Kissinger has not been replaced, and given the new conditions in your country over the last few decades, he never will be…We Chinese must come to terms with this, for it is more beneficial for us to cooperate and pursue prosperity than to embark on a blind alley at the end of which there will only be desolation and regret for you…Chinese companies must be treated fairly and squarely. They are hard-working people. They don’t threaten anyone. Your attitude is incomprehensible to the rest of the world. You advocate the free market everywhere, and when your companies are overtaken in fair competition, you close the market and threaten everyone with sanctions. The world cannot function in this way. It cannot endure without order and harmony. It’s up to you to return to the natural course of things. It’s up to you to decide to break the rules. You alone will bear the consequences. For us, everything is clear. China is sovereign and acts in its own interests. Either you cooperate with us, and that’s a good thing; or you choose confrontation, and that’s not in your interest. This discussion is exhausted and there’s not much more to say. Welcome back, Mr. Blinken.”

Posted by: LightYearsFromHome | Apr 27 2024 13:03 utc | 106

^^^ link: https://t.me/beboandfriends/236634

Posted by: LightYearsFromHome | Apr 27 2024 13:05 utc | 107

“Fiat money” is efficient and flexible, supply can quickly adapt to changing needs. It’s well-suited for a modern economy with (essentially) zero or negative growth, so there definitely will be no going back to pre-modern forms. Generally speaking, ‘money’ is simply a unit of accounting society has agreed on. It’s an idea, nothing tangible – equating it with something that’s in limited supply, energy intensive to get and difficult to handle doesn’t make any sense, esp. in the internet age.
The only problem is that the ‘global money’ $ is issued by a single country – such a set-up is bound to be abused sooner or later. “Our money, but your problem” – or is it vice versa, I wonder? The overvalued Dollar is a disaster for anyone trying to manufacture in the US, and thus for wage-earners there. Only shitty service jobs that cannot be offshored remain…(that’s hyperbole, I know)
So a future (global) monetary system will fix this problem, while keeping what’s good & practical about the old system. The most obvious solution would be an IMF reform, converting SDR into a true global reserve currency. Which is very probably China’s & BRICS’ goal, though they have a plan B, of course.
Posted by: smuks | Apr 27 2024 7:01 utc | 98
———————
Well said. I think MMT could be described as fiat money with capitalist characteristics and BRICS are working on a fiat currency with socialist characteristics.
———————
Also it depends on what the currency is used for. Neoliberalism hijacked ‘MMT’ and used the money printing to prop up stocks and real estate rather than for useful and productive projects.
On a more basic level most MMT proponents see it as trying to salvage capitalism rather than a bridge to socialism.
Posted by: financial matters | Nov 12 2023 22:47 utc | 48

Posted by: financial matters | Apr 27 2024 14:29 utc | 108

an excellent look at what is happening in the EU. The ‘rules’- so vital when they involved the impoverishment of PIIGS- are being abandoned.
Europe’s Core by Scott Lavery
“In May 2023, Olaf Scholz proclaimed that a great ‘reindustrialization’ was taking place in Germany. Speaking at the launch of a new $5 billion Infineon semiconductor fabrication plant, the Chancellor boasted that one in three European microchips would now be ‘Made in Saxony’. A month later, Intel confirmed that it would invest $33 billion in two new factories in Magdeburg: the single largest foreign direct investment in the history of the Federal Republic. This was followed by an announcement that the Taiwanese semiconductor giant TSMC would assume a 70% ownership stake in a new €11 billion fabrication plant in Dresden. The so-called free market didn’t draw these companies into ‘Silicon Saxony’: an eye-watering €20 billion in subsidies from the German government did. The Eurozone’s High Priest of budgetary discipline has cast aside its holy writs, responding to the decline of its export-led growth model by going on a subsidy binge……
“..The myths that drove neoliberal globalization have now been shattered by the battle over semiconductors and other strategic sectors. Rules that were once rigidly applied are being bypassed to enable new waves of state interventionism; the ‘level playing field’ of the Single Market is being circumvented to shore-up dominant fractions of European capital. Meanwhile, new myths are being forged: an ever-more integrated and autonomous union, bound together by the challenge posed by China and Russia. As EU policymakers mobilize against their external rivals, the bloc’s internal rifts – between industrial core and underdeveloped periphery – continue to widen.”
https://newleftreview.org/sidecar/posts/europes-core

Posted by: bevin | Apr 27 2024 14:40 utc | 109

Posted by: bevin | Apr 27 2024 14:40 utc | 109
Interesting report, thank you.
Slowly, being dragged kicking and screaming in many cases, nation states are entering the classic capitalist fray in that not only are different corporations competing for global market share but now the various models nation states use are competing as well, including their use of subsidies, tariffs and such. Because of course there never is, nor ever shall be, a completely ‘free’ market. All countries have particular strengths and weaknesses, some of which are relatively fixed having to do with local terrain and most of which depend upon the socio-political gestalt and system which are in constant flux making ongoing policy adjustments inevitable, of course with mixed results. But such competition between nations is essentially healthy.
Germany is seemingly losing her ability to remain a world leader in heavy manufacturing having lost access to abundant, cheap energy. I imagine that computer chips is something that suits her better now lest she lose manufacturing altogether, which has almost happened in the States. And the West will soon lose Taiwan, currently the world leader in that sector. Frankly, I find it encouraging this is happening in Germany, not the US: they haven’t completely rolled over!
Though it might all be too little too late: plutocracy was chosen when we made bankers our highest authorities, therefore also the inevitable coarsening of the culture since profit-seeking as a value-system negates higher values which good civilizations strive to cultivate. We have lost our way.

Posted by: scorpion | Apr 27 2024 15:30 utc | 110

Glad to see you back b
I really had thought that you’d been got any.

Posted by: PalmaSailor | Apr 27 2024 15:55 utc | 111

Got at!

Posted by: PalmaSailor | Apr 27 2024 15:57 utc | 112

@scorpion | Apr 27 2024 15:30 utc | 110

Germany is seemingly losing her ability to remain a world leader in heavy manufacturing having lost access to abundant, cheap energy.

That is another myth, which keeps on floating around here. There is a general misconception about what drove up the cost of energy in Germany, and when, and why.
Until the 80s, Germany relied on coal and nuclear, it was not dependent by any stretch on Russia, and its energy was cheap. Then came the Greens (like the orcs of some bad American fantasy fiction) and made Germany close its nuclear power plants, because they were dangerous, and its coal plants, because they were too dirty, acid rains scare and all that. Germany began to rely more and more on expensive natural gas from Russia: it does not matter that Russia sold it at discount, because natural gas is by far the most expensive source of electric power. On top of that, the Green transition was another heavy burden on the German power grid: even today more than 20% of the cost of an average power bill in Germany is made up of subsidies for “Green” sources. The Green transition drove up the cost of energy since the late 80s, and it was already very high before the war in the Ukraine. However it did not hurt the economy of Germany too much: they improved the efficiency of their plants, abandoned the plants that were too energy intensive and moved on. The same happened in Italy: they had an enormous oil refinement capacity, and they used the left-overs of petrol refinement as a fuel for their power plants. It was extremely cheap and was integrated in the oil and gas industry of the country. Then the Greens claimed that it was too dirty, nuclear was dangerous, and blah, blah, blah. In a matter of years Italy turned to natural gas, and, then, green energy too, and the power bill rose.
Now in Europe, they have probably the most energy efficient industrial plants in the world, with the only exceptions of Japan and, maybe, South Korea: if they abandon the green scam, as they should, and get back to a sensible energy policy, they could lower their energy prices, even without the help of Russia. With the help of Russia it would be just overkill mode.

Posted by: SG | Apr 27 2024 16:23 utc | 113

the poster lantern dude shared dimitry orlovs interview with nima alkhorshid..
i highly recommend it… 39 minute video.. he covers china and israel topics as well..
Russia is Done with the US Foreign Policy | Dmitry Orlov

Posted by: james | Apr 27 2024 16:26 utc | 114

Catching up on some comments displaced from the Ukraine thread; all good, valid stuff.
Overall it seems to me that the West has gone beyond the edge of the known financial Universe, aboard the starship There Is No Alternative (don’t think Iain M. Banks used that for any of his Culture vessels), except the Global South/Majority, led by BRICS, are not so sure and are seeking a different course by trying to escape the financial clutches of the West.
“Open the pod bay door Jerome”
”I’m sorry Xi, I can’t do that”

~~~
So, in this new unknown, uncharted Universe, what do we do, for example, about collateral? That conventional economics tells us should underlie the assets shown on the balance sheets of creditors?
I saw a statistic recently (might have been ZH or somewhere similar) that for the US it now takes $2.50 of new debt to generate $1.00 of GDP. So the debt is expanding at two and a half times the expansion of the collateral base. Tell me that is unsustainable without telling me that is unsustainable.
Can the collateral be revalued? Possibly, though it looks suspiciously hyper-inflationary, leaving aside any multiple claims on the same collateral.
More basically, what would we all think of a company that constantly conducted rights issues in order to pay its day-to-day overheads? Except in the new Universe that would probably attract a triple A grade investment rating!
As I don’t want this post to get @Echo Chamber-ish and as it’s the weekend here’s some music that may or may not be appropriate:
Pink Floyd – Set The Controls For The Heart Of The Sun (Live At Pompeii)
(A financial Pompeii with a Vesuvius of debt rumbling menacingly.)
Something a bit lighter:
Johnny Nash – There Are More Questions Than Answers
(Ain’t that the truth!)

Posted by: Jeremy Rhymings-Lang | Apr 27 2024 16:30 utc | 115

SG | Apr 27 2024 9:30 utc | 101
You’re still looking too much at the money side imo. It’s not the tail that wags the dog.
US *real* interest rates were way negative 2 years ago, when inflation was around 10%. The real debt load was thus shrinking. Today’s rates are unsustainably high, which isn’t a problem in the short run – but it might soon become one. Mostly for industry.
SG | Apr 27 2024 16:23 utc | 113
Oh dear…where shall I start taking that apart? So many falsehoods in one paragraph.
Gentle reminder that any country that doesn’t “go green” has zero chances on the global markets.

Posted by: smuks | Apr 27 2024 16:36 utc | 116

… for the US it now takes $2.50 of new debt to generate $1.00 of GDP. So the debt is expanding at two and a half times the expansion of the collateral base.
Jeremy Rhymings-Lang | Apr 27 2024 16:30 utc | 115
Careful, you’re confusing stock and flow. GDP = flow, debt & collateral = stock.
This figure (2,50 vs. 1) sounds alarming, but it only shows that yields are declining and average capital intensity is increasing. Wow, how surprising. Not. (Quite typical of misleading ZH pseudo-economics.)
———-
Also it depends on what the currency is used for. Neoliberalism hijacked ‘MMT’ and used the money printing to prop up stocks and real estate rather than for useful and productive projects. On a more basic level most MMT proponents see it as trying to salvage capitalism rather than a bridge to socialism.
financial matters | Apr 27 2024 14:29 utc | 108
Actually they completely denied it (in my understanding), instead insisting on the “scarcity” of money to justify high capital yields. It was only in 2013 that the BoE officially accepted ‘endogenous money’.
But semantics aside, we seem to be on the same page: By embracing MMT (etc.), states/ currency issuing unions can direct money flows/ creation towards where it’s needed. A democratic economy is possible.

Posted by: smuks | Apr 27 2024 16:52 utc | 117

SG | Apr 27 2024 16:23 utc | 113
You forgot the lignite.
And you must have missed the smog. I can recall days in London when it was completely dark at mid-day and traffic came to a halt. Breathing was difficult too.
What is weird about the Greens is their inability to locate the root of the symptoms that they identify in capitalism and their, related, enthusiasm for imperialist aggression.
They calculated that the only way to fight the fossil fuel industry was by enlisting rival interests against it and by professing loyalty to the ideology of anti-comunism.
Their predecessors in Europe- the first generation of C20th environmentalists like Henry Williamson and the blood and soil Steiner biodynamicists had made the same Faustian bargain with National ‘Socialism’.

Posted by: bevin | Apr 27 2024 17:07 utc | 118

“…By embracing MMT (etc.), states/ currency issuing unions can direct money flows/ creation towards where it’s needed. A democratic economy is possible.” smuks@16:52 utc | 117
Not without a democratic state, which is impossible in a class society founded on the private ownership of the means of production.
The MMT problem is that it is a form of idealism- hence its faith in the efficacy of its own idea without regard to the architecture of power in society.

Posted by: bevin | Apr 27 2024 17:15 utc | 119

Overall it seems to me that the West has gone beyond the edge of the known financial Universe, aboard the starship There Is No Alternative (don’t think Iain M. Banks used that for any of his Culture vessels)
Posted by: Jeremy Rhymings-Lang | Apr 27 2024 16:30 utc | 115
If it had I’m 100% sure it would be a current (or former) Special Circumstances vessel.
But a name like that I would most likely find it in Neal Asher’s Polity
As for talks about collateral, an empire’s collateral is its empire and the weapons that sustain it.
France only had serious problems heading into defeat, so did Great Britain, so will the US.

Posted by: Newbie | Apr 27 2024 17:18 utc | 120

Posted by: smuks | Apr 27 2024 16:52 utc | 117
Well, we will have to agree to differ here. I regard MMT as “smoke and mirrors”, or “Pepper’s Ghost”, deliberately misrepresenting and conflating ”money” and “currency”.
Sound money is sound, anything else is ultimately fraudulent. And before I get dismissed as a “swivel-eyed right-wing loon” I am actually in favour of a globalised minimum wage based on 1 troy ounce of silver per hour. Nations are of course free to allow their currency to float or sink against silver, but they must pay the minimum equivalent of 1 tr oz per hour in the local currency to their workforce.
Radical perhaps, but shows that monetary policy based on monetary metals doesn’t preclude a fairer, more just world.

Posted by: Jeremy Rhymings-Lang | Apr 27 2024 17:26 utc | 121

Posted by: SG | Apr 27 2024 16:23 utc | 113
@scorpion | Apr 27 2024 15:30 utc | 110
Germany is seemingly losing her ability to remain a world leader in heavy manufacturing having lost access to abundant, cheap energy.
That is another myth, which keeps on floating around here. There is a general misconception about what drove up the cost of energy in Germany, and when, and why….
Now in Europe, they have probably the most energy efficient industrial plants in the world, with the only exceptions of Japan and, maybe, South Korea: if they abandon the green scam, as they should, and get back to a sensible energy policy, they could lower their energy prices, even without the help of Russia. With the help of Russia it would be just overkill mode.

Thanks for setting me straight, though am under no illusions viz the green agenda etc. Abandoning gas, albeit ostensibly for geopolitical reasons, is just the next step along this sorry path to industrial and civilizational decline taken for reasons that none of the citizens most affected seem to know or even want to know.
In any case, given the green agenda AND the loss of Russian gas, it does look like Germany is going to stop being a leading heavy manufacturing nation, no?

Posted by: scorpion | Apr 27 2024 17:55 utc | 122

Radical perhaps, but shows that monetary policy based on monetary metals doesn’t preclude a fairer, more just world.
Posted by: Jeremy Rhymings-Lang | Apr 27 2024 17:26 utc | 121
You might go for energy/grain/metal as a currency basis
currently we could have 70/200/700 for oil barrel (if it wasnt under price pressure), wheat ton, steel ton
Precious metals unless useful industrially are reserve value and more sensitive to political fluctuations
Maybe grain should be fairer at 70/350/700
Maybe energies could be normalized, as would grains and metals and other industrial starting blocks, x to y
Work might be a mix of those, I remembered that a 20 yo slave in Athens costed 2 tons of wheat (200 dracma) and a day of skilled work was 20 kgs (1 dracma)so that’s why you have so many places where 1usd PIB is still the rule.
in the US 1 troy oz of silver would be close to 28 usd, minimum wage is currently 1/4 of that (elsewhere much lower). Back in 1968 minimum wage was almost 3/4 silver troy oz….

Posted by: Newbie | Apr 27 2024 18:08 utc | 123

Amazing, the body language is unmistakable, no hiding it, Xi knows he’s on camera, no candid camera on this level, he has the last word whether this telling little clip gets released, the TG comment is on target:
Xi Jinping got tired of Blinken even before meeting him

Posted by: LightYearsFromHome | Apr 27 2024 18:28 utc | 124

currently we could have 70/200/700 for oil barrel (if it wasnt under price pressure), wheat ton, steel ton
Precious metals unless useful industrially are reserve value and more sensitive to political fluctuations
Maybe grain should be fairer at 70/350/700
Maybe energies could be normalized, as would grains and metals and other industrial starting blocks, x to y

Posted by: Newbie | Apr 27 2024 18:08 utc | 123
I get where you are coming from here, but I’m not sure that mix would work. Oil is also subject to political pressures, wheat (or any grain for that matter) is subject to variations in the harvest, according to whether it’s been a bumper year or a poor year. Steel I’m definitely not sure about, as that itself is subject to fluctuating inputs in its cost of production.

Posted by: Jeremy Rhymings-Lang | Apr 27 2024 18:31 utc | 125

Posted by: Newbie | Apr 27 2024 17:18 utc | 120
Heh, the first unwritten rule of Special Circumstances is: you don’t talk about Special Circumstances!
If I had to self-identify as a Culture vessel I’d definitely be an Eccentric! 😀

Posted by: Jeremy Rhymings-Lang | Apr 27 2024 18:53 utc | 126

@Posted by: psychohistorian | Apr 27 2024 4:20 utc | 97
@Posted by: smuks | Apr 27 2024 7:01 utc | 98
A huge amount of Japanese debt has been monetized by the Central Bank, which is of course owned by the state, so yes a large part could be written off by the Central Bank. But that only amounts to 43.3% of GDP while the overall government debt is 263% of GDP. The funding of this relies very heavily on the postal savings and other types of state savings that offer low interest rates. But even with a very small change in that interest rate, the interest payable on state debt will explode over time. The state debt may be “owed to other Japanese” but it is still owed to individual Japanese not other parts of the state.
Japanese holdings of US Treasury’s are US$1.1 trillion, but Japanese government debt is US$9.2 trillion. So devaluing the Yen does increase the US Treasury holdings vis a vis Japanese government debt, but that would be a drop in the bucket. In the fiscal year finished in March, Japan’s government deficit was 5% of GDP, while GDP growth was 1%. Current short term interest rates in Japan are pretty much at zero and you earn less than 1% interest on 10-year government debt.
Japan’s biggest export is motor vehicles and vehicle parts and electronics. They predominantly go to the US, followed by China, Australia, Canada and Saudi Arabia. A lot of “Japanese” cars are also produced in China under joint ventures that do supply significant revenues to Japanese manufacturers. Japan has very little footprint in the European car market. Over the next few years the Japanese will lose the vast majority of their Chinese car sales (exports and locally produced), as they are already in the process of. The same will be seen across Asia, including Australia. Given the North American anti-China protectionism they may very well keep their US and Canadian sales. Still, the exports and profitability of the Japanese car makers will get hammered – not good for those trade figures. China is also climbing up the electronics value add ladder.
The benign neglect of the Yen risks a disorderly devaluation and higher interest rates which will be a huge shock to an economy kept afloat on zero interest rates for decades. Personal debt also isn’t that low at 69% of GDP, and non-financial corporate debt is also 118% of GDP.
IMF Nonfinancial corporate debt, loans and debt securities
Then you can add on the increased government expenditures and falling tax revenue as the population ages rapidly and the workforce shrinks. One day, perhaps soon, Japan will no longer be able to kick the can down the road.

Posted by: Roger | Apr 27 2024 18:59 utc | 127

Posted by: Roger | Apr 27 2024 18:59 utc | 127
Interesting and informative post, thank you.
Genuine question here: in your view, is there any basis to the theory that the US is quietly encouraging Japan to depreciate the Yen in order to try and induce pressure on the Chinese Yuan?

Posted by: Jeremy Rhymings-Lang | Apr 27 2024 19:15 utc | 128

I am happy you are well,Mr.B
Listen to me very carefully, I am an ex alcoholic since a year or more and now I am ok, thank you for being here for us.
However, here is the food regimen to start with, then you can upgrade with Molecullar Distilled Omega ( I give it to my white cats who suffer from skin cancer). Then you can upgrade to pheniphenals to just destroy the inflammation.
Get to it:
zonediet.com
Thank you for enabling us to post about Palestine, my cancer wound, and sorry I raved before.

Posted by: stranger | Apr 27 2024 19:21 utc | 129

@Posted by: Jeremy Rhymings-Lang | Apr 27 2024 19:15 utc | 128
I haven’t heard of that. I think that it is much more the Japanese Central Bank trying to keep short rates near zero while US rates are coming under pressure from the reemergence of inflationary pressures in the US. A 5% of GDP government deficit and an increasing understanding of the Japanese demographic crisis also doesn’t help. A rapid depreciation would be very disruptive so I don’t think that they would risk that if they can. Japan’s trade with China is also nowhere near large enough to provide a big impact to the Chinese economy.
The issue in automobiles is not price, its the suicidal belief of the Japanese car makers in hydrogen instead of batteries that has left them many years behind the Chinese manufacturers. The latter are even moving into the Japanese market.
Given that inflation in China is very low (annually 0.1%) compared to the US and Japan, there is some argument for an upward revaluation of the Yuan. Given that China is moving up the added value curve that should not be too much of an impact to China. It could be a significant inflationary kick for other countries like the US though given how many goods are exported from China. The US may get what they wished for then find that they should not have wished for it.

Posted by: Roger | Apr 27 2024 20:02 utc | 130

@Posted by: bevin | Apr 27 2024 17:07 utc | 118
The Greens really effed Germany with their stupid drive to shut down in place well engineered nuclear reactors built in areas with no risk of seismic activity or hurricanes etc. They could have provided the ongoing low-carbon baseload (in 2011 they provided 25% of German electricity), which when combined with combined cycle natural gas turbines and biomass that could balance the intermittency of wind and solar, could have probably removed all fossil fuels from the German electricity grid by now! They even have the ability to import and export electricity to provide load balancing.
Just utterly stupid. And they got captured by US interests, becoming a warmongering NATO-cheering Manchurian party inside Germany.

Posted by: Roger | Apr 27 2024 20:09 utc | 131

Mexican Economy Faces Its “With U.S. Or Against U.S.”
https://www.nakedcapitalism.com/2024/04/mexico-faces-its-youre-with-us-or-against-us-moment-vis-a-vis-china.html
Excellent medium-length article on the stresses in the US-Mexico-China relationship. China is setting up factories so as to export into the US markets duty-free. US is pushing back and has got Mexico to impose many new tariffs on Chinese goods. Meanwhile, many Mexican manufacturers are being driven out of business by Chinese manufacturers flooding market with subsidized lower priced equivalents and those still standing welcome such tariffs. Etc.

Posted by: scorpion | Apr 27 2024 20:16 utc | 132

@scorpion | Apr 27 2024 17:55 utc | 122
An article from 2019 by a German think tank sponsoring the green transition. They try to spin the fact that the high electricity bills for the German industry are not caused by the adoption of renewables, but by higher taxes… to subsidize renewables.
Another article from January 2022 about the high price of electricity for German households.
You get the picture. The sanctions against Russia caused a spike, but the trend is much older than that.

In any case, given the green agenda AND the loss of Russian gas, it does look like Germany is going to stop being a leading heavy manufacturing nation, no?

Not really. If Germany scale down its renewables craze and get back to nuclear power, it will be a leading heavy manufacturing nation for centuries to come. If not, and I do not think that the current situation is politically, more than economically, tenable, it can still hold a spot as a leading heavy manufacturing nation.
Let’s take shipbuilding as an example. The three biggest producers are China, South Korea, and Japan, together over 90% of the world production. The fourth spot is held by Italy. With its high energy prices, Italy in 2022 made more ships, by total tonnage, than Germany, Turkey, Russia and the USA put together. Heavy industry, and industry in general, is much more than energy prices.

Posted by: SG | Apr 27 2024 20:51 utc | 133

@Roger | Apr 27 2024 20:02 utc | 130

The issue in automobiles is not price, its the suicidal belief of the Japanese car makers in hydrogen instead of batteries that has left them many years behind the Chinese manufacturers. The latter are even moving into the Japanese market.

The issue is exactly price and policy. Without generous subsidies none would buy electric cars, not even in China. China is just producing the cheapest batteries and the cheapest electric cars, for a number of reasons, which goes from cheap labour to the control of the commodities (graphite) needed for the manufacturing of batteries. However electric cars are not and cannot be a complete substitution for cars with combustion engines, and China is years, probably decades, behind in combustion engines technology compared to Japan or Europe. That means that hybrid vehicles and PHEV vehicles from China have no chance on the global market.
On top of that, Japan is actually still the leader in car batteries (not by price obviously, but by quality) and Japanese carmakers have already announced the introduction of solid state batteries.
Japanese carmakers do not believe that all electric vehicles are not the future of mobility, they know it, because they know electric car technology better than anyone else.

Posted by: SG | Apr 27 2024 21:04 utc | 134

Posted by: SG | Apr 27 2024 20:51 utc | 133
Heavy industry, and industry in general, is much more than energy prices.

Interesting….. so what you seem to be saying is that the significant restructuring apparently underway in Germany is not mainly caused by economic or logistical imperatives – as per most commentary – but something else. (Do you think the restrictions placed on heavy industry energy use last year which were reported were either not true or unnecessary? They did, after all, go into the winter with full reserves and gas coming in daily via Ukraine, I believe.)
Similarly, the US’s torpedoing of its manufacturing sector and betrayal of its related working class in favour of China’s was not caused by economic or logistical necessity alone, rather was a choice made by the ruling elites (for whatever reason).
Curiouser and curiouser.

Posted by: scorpion | Apr 27 2024 21:14 utc | 135

Posted by: SG | Apr 27 2024 21:04 utc | 134
A year ago I saw a convincing video about a new type of meltdown proof nuclear power station in Japan whose electrical output is used to make water-electrolyzed hydrogen tanks which can power existing combustion engines with simple adaptation. A few such stations could power the entire population. No idea if they are going forward with this. But the Japanese are a high quality, innovative technical people going back millennia.
I don’t know where their uranium comes from but I suspect having to import that to fuel a few power stations for decades at a time leaves them much less dependent on foreign suppliers for energy than continuing to use gasoline or having to import and process huge amounts of lithium, or whatever else they can finally come up with for batteries – salt paste or whatever.
The rush to batteries seems like another decision that has little to do with economic or logistical necessity. Very little about this current modern world makes sense. Hydrogen does, but for some reason the elites are against it. Perhaps because ordinary people would learn how to make their own electrolysis-derived hydrogen from water thus compromising centralized / monopolistic supply chains and elite control of energy.

Posted by: scorpion | Apr 27 2024 21:26 utc | 136

Looks like Blinkens burning bridges. Makes Atlanta look tame.
This looks like the retreat by the Golden Billionaires to the fairytale ‘Garden’ expecting that all of us in the trapped Waste will just accept being cut off from the majority of humanity.
Can’t wait for Xi’s visit to Europe to tell us home truths, to our faces.

Posted by: DunGroanin | Apr 27 2024 21:55 utc | 137

@Posted by: SG | Apr 27 2024 21:04 utc | 134
Wow, you sound like a member of the Toyoda family! Deeply out of touch with the reality in China, where the full EV supply chain has been perfected and is being optimized. EV (BEV, EREV and PHEV) sales have already gone over 50% of car sales in China (where EV sales are growing at 30%+ per annum), and BYD especially is bringing out new models specifically priced as ICE vehicle replacements. At the low end they are using Sodium Ion batteries and are already implementing semi solid state and solid state batteries.
You seem to be making the same mistake with Chinese car manufacturers as the US did in the late 1970s/early 1980s. EVs completely remove the competitive advantage of ICE manufacturers (the engineering of an ICE). Japan is the leader in car batteries?!!! That is utterly disconnected from reality. Here are the global market shares of car batteries for Jan-Feb 2024:
CATL (China) 38.4%
LG Energy Solution (South Korea) 13.7%
BYD (China) 13.1%
Panasonic (Japan) 6.7%
Samsung (South Korea) 5.6%
Sk On (South Korea) 4.5%
CALB (China) 3.8%
Gotion High-Tech (China) 1.9%
Eve Energy (China) 1.8%
SVOLT (China) 1.8%
OTHERS 8.6%
Global EV battery market share in Jan-Feb 2024: CATL 38.4%, BYD 13.1%
That’s at least a 60.8% share for China (some of the OTHERS are also Chinese), 23.8% South Korea and 6.7% Panasonic. Panasonic was the supplier to Tesla and had the chance to become dominant but its conservativeness and its close relationship to Toyota made it drop the ball. A very good article on this:
Rising with Tesla, Falling to Toyota: The Panasonic Battery Chronicles
BYD is already starting to sell significant amounts of vehicles in Australia, and Geely with its Volvo and Polestar brands and SAIC with its MG brand are very successful in Europe. So please put away any ignorant biases and do some research on the actual realities of the global EV market. You can even use my research to help get up to speed
Chinese EVs From Strength to Strength.
The Chinese manufacturers are also moving rapidly up market, for example with the BYD Denza and Yangwang brands. And both Huawei and Xiaomi have made significant entries, with the recent Xioami SU7 easily outdoing the Model 3. The Japanese manufacturers have signed their own death sentence, with likely a protectionist/anti-Chinese reprieve in Japan and the US. Just like Tesla that is rapidly losing market share in China and coming under intense pressure in Asia and Europe.
Chinese vehicle purchase subsidies were eliminated at the end of 2022, it is the US that is throwing government money at EV’s, along with the Europeans. The Chinese supply chain now no longer needs subsidies to be competitive with ICE vehicles. Let that sink in. A good article on this:
Life after subsidies for China’s EVs
BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Posted by: Roger | Apr 27 2024 21:56 utc | 138

Roger | Apr 27 2024 18:59 utc | 127
The Central Bank cannot ‘write off’ government debt it holds. It has issued currency in exchange for that debt, with would have to be eliminated/ cancelled, too.
The key difference is sth else, though: Japan’s public pension funds hold a lot of JGBs, effectively counting future pension payments as ‘state debt’. Interest payments on those is from the state to the state.
The real public debt is sth. like 125% iirc.
Japan’s trade balance only recently turned negative due to expensive energy imports.
But it still holds massive FX reserves, as do Japanese citizens. So there’s no risk of serious devaluation – unless Tokyo wants that to happen, of course.
bevin | Apr 27 2024 17:15 utc | 119
Agree, it’s not automatically democratic – but at least it becomes possible. Just as socialism isn’t automatically democratic, but “as democratic as the state running it”.
MMT is similar: It tells us that money isn’t ‘scarce’ (hasn’t been since 1971), the state can borrow any quantity without worrying about interest – the question is what we as a society make of it.

Posted by: smuks | Apr 27 2024 22:19 utc | 139

A few posts here have been provocative for thinking.
The first quotes Mearsheimer noting that the Soviets did not bomb civilians (a waste of time) and focused on defeating the Wehrmacht. This policy continues essentially in Ukraine. One has war aims—so one pursues them rationally. In the west the goal is not to defeat an enemy and neutralize a threat; it is rather to intimidate everyone, especially allies, and create phantom enemies in parts of the world slated for capital investment (markets, resources, etc). The military is not a ‘defense force’ but part of the state-apparatus which supports capital investment. Understanding how and why wars are fought since the 16th century requires historical materialism, and will explain why any coming confrontation between NATO/Europe/USA and Russia will favour the military rationalist: in Russia the economy serves Russia, not the other way round (which is, of course, what Capital demands).
The second quotes(?) Xi Xingping, lamenting the absence of a Kissinger. It sent me on a line of tangent about the core of America’s intellectual base after WW2. Put bluntly, the USA rode on the back of a European intellectual and scientific exile community. From Horkheimer and Adorno to Martin Oswald all the way to Einstein et al. America’s universities between 1935 and 1985 were underwritten by an immigrant brains-trust that was avant-garde (left-leaning) in both its thought and politics. These immigrants believed in America. I’m not able to speak to the post-1989 situation, but I suspect (and could therefore be completely wrong) that the US attempted to sustain this from other sources (post Soviet Russia, India, E Asia?) but without the total social and political framework. In the 1950s the US made good on the New Deal; our epoch is characterized by the utter absence of an accord between the working class, capital and the state—for very good historical reasons (the vacuum of ‘really-existing socialism’). Thus scientific and intellectual emigration to the US is completely mercenary, in the service of predatory neolib finance, big tech and big pharma. Nothing to believe in here except KPIs and stock prices. What this means is that the USA has no substantial internal self-generating intellectual or scientific base, and never really had one, except for the brief moment when it was a social democracy (i.e., when it invested in broad-based free education via the GI Bill, etc).
The USA really is a fascinating country, perhaps the country most riddled with schizoid contradictions in world history, lurching from soaring examples of democracy and power-sharing (Tocqueville) to delusions of aristocratic grandeur (Hearst Castle) to the most predatory and abject exploitation (business as usual). No wonder we feel as though the very ground on which we walk is unstable.

Posted by: Patroklos | Apr 27 2024 22:29 utc | 140

Roger | Apr 27 2024 20:09 utc | 131
SG | Apr 27 2024 20:51 utc | 133
Trouble is, nobody wants to pay for nuclear, nor carry the risks of the (uninsured) industry, nor run the plants. No private company anywhere in the world in interesting in building reactors – hardly surprising, given that wind and solar are down to 2-3 ct/ kWh while nuclear is anywhere from 20 to 60.
France’s electricity is ‘cheap’ on paper bc its state-run reactors are heavily subsidized with tax money. They’ll build a few new ones, costing 15-20 billion per unit (cf. Finland), for a single reason: To keep the option of building/ upgrading nuclear weapons.
Same story in UK – only that it’s completely broke, and going around begging others to pay for HP C.
I’m kind of amazed that this is still debated on the internet. Industry has long since moved on.
(A point can be made that Germany *should* have quit coal first, nuclear second – but the decision was taken 25 years ago, so debating it now hardly makes sense.)

Posted by: smuks | Apr 27 2024 22:33 utc | 141

Jeremy Rhymings-Lang | Apr 27 2024 17:26 utc | 121
Hmm, don’t quite see how this relates to my post #117.
A society can use metals as money. It can also use tea leaves, or tree leaves. The question is what properties you want your money to have. Using something relatively scarce favours the holders of money vs. those who want to ‘work with it’ (borrow to invest) – the former can charge a price for doing absolutely nothing. (Seems there was a huge debate in 19th C US, gold currency vs. gold/ silver currency.)
Don’t quite see how a metal-based minimum wage could change these basic workings of capitalism.

Posted by: smuks | Apr 27 2024 22:46 utc | 142

@Posted by: smuks | Apr 27 2024 22:33 utc | 141
The German issue is that they had in place already built nuclear reactors running at low cost (yes with an implicit government insurance subsidy) that they shut down.
I really wish that people who comment on energy, EV etc. topics would first of all get up to speed on what is happening in China, which is accelerating its nuclear build out. So, yes maybe the West does not want to pay for nuclear but China does not seem to have that problem.
China’s Nuclear Energy Expansion Is Getting Even Faster

Countries trying to replicate China’s boom in renewable electricity might also want to take a page out of its nuclear power playbook.
Beijing is able to approve as many as 10 new reactors a year, the chairman of China National Nuclear Corp. said last week, which would accelerate an already impressive expansion of atomic energy.
The nation has 36 reactors under development, and is expected to leapfrog France and the US to become the world’s largest source of nuclear power by the end of the decade, according to BloombergNEF.

Until we get very large scale batteries, perhaps 10-15 years from now, the intermittency will still be an issue no matter what BS is thrown out. I am a full supporter of the move from fossil fuels, but I also possess a skeptical brain. Some countries, such as Canada and Norway could move to 100% renewables because of their large hydro capacity, but most cannot without a proper fix for the storage issue. Wind and solar aren’t even growing fast enough to offset the growth in energy usage and therefore stop the growth in fossil fuel usage – let alone reduce it. Just about to write a post about this with the latest growth numbers and forecasts out for wind and solar, most definitely not promising for the energy transition.
Solid state batteries will not hit a price point competitive with lithium-ion, sodium-ion, semi sold state until around 2030. By then it will be pretty much game over in the EV market. Also, never underestimate how a current technology, where all the hard up front work and investment has been done, can be honed for extra juice again and again. I remember being told that optical disks would replace magnetic drives by an IBM exec in the 1980s (I worked in an IBM disk plant at the time) but they just kept grinding out improvements to magnetic disks and it ended up being solid state memory that replaced many magnetic disks three decades later. The competitiveness price point for optical disks just kept moving away from the technology.

Posted by: Roger | Apr 27 2024 23:00 utc | 143

…Thus scientific and intellectual emigration to the US is completely mercenary, in the service of predatory neolib finance, big tech and big pharma. Nothing to believe in here except KPIs and stock prices. What this means is that the USA has no substantial internal self-generating intellectual or scientific base, and never really had one…
Posted by: Patroklos | Apr 27 2024 22:29 utc | 140
Excellent post and analysis, thank you.

Posted by: Menz | Apr 27 2024 23:01 utc | 144

@Posted by: smuks | Apr 27 2024 22:19 utc | 139
The Treasury can simply print money into existence, it has the right to print money. The Central Bank is owned by the state, so government debt held by the central bank is a debt to itself. If the state cancels the debt leg but does not cancel the created money leg then it is the equivalent of spending money into existence, rather than debt based money creation.

Posted by: Roger | Apr 27 2024 23:07 utc | 145

(USA) No wonder we feel as though the very ground on which we walk is unstable.
Posted by: Patroklos | Apr 27 2024 22:29 utc | 140
Thanks for your comment. schitzoid rings true to me. and totalitarian as well today.
I appreciate John mearsheimer too, even if I don;t always like how he sees things, he provides excellent support for all his arguments opinions.

Posted by: Lavrov’s Dog | Apr 27 2024 23:10 utc | 146

It’s beginning to look as if b’s optimism about the outcome of his recent surgery was premature. No new post for 3 days is unusual – especially when he has devoted time to keeping MoA fans in the loop. And was full of ideas for new topics.
Not good.
Fingers crossed.

Posted by: Hoarsewhisperer | Apr 27 2024 23:19 utc | 147

@Posted by: Roger | Apr 27 2024 21:56 utc | 138
Tesla cut prices by about 5% more on its Model 3 and Y in China a week ago, which with previous price cuts and special offers (low priced insurance etc.), means that it is probably losing money on every Model 3 and Y is sells in China. So much for it being the efficiency leader and having better margins than its competitors, many of whom are still making good money at lower prices than even the latest ones from Tesla. The company’s sales in China were catastrophic at the beginning of April so they had to do something fast, we will see if it is enough to maintain sales shortly. Toyota sales in Chin are dumping hard.
Tesla cuts prices across its entire lineup in China
China EV insurance registrations for week ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470

Tesla (NASDAQ: TSLA) saw 5,160 insurance registrations in China last week, down 17.17 percent from 6,230 in the previous week

In the first week of April, Tesla sales were only 1,880. Thats 13,270 sales with only about a week left in the month. The first month of the previous quarter Tesla sold nearly 40,000 cars in China.
Toyota is being squeezed out of the world’s largest auto market as the shift to EVs heats up
Toyota’s latest BEVs use BYD batteries. Mitsubishi suspended all business in China and Honda saw sales drop 20% last year. Even in the US, the majority of people moving to BEVs are moving from a Toyota or Honda vehicle.

Posted by: Roger | Apr 27 2024 23:34 utc | 148

@Posted by: Patroklos | Apr 27 2024 22:29 utc | 140
Excellent post.
And the US (and Canada) is doing its best to drive all of those Chinese post-docs and professors back to a China that has flung its arms open to them. Also, cant be great to be a Russian or Iranian in the US – both nations of which have excellent technical education skills that have been previously strip mined by the US.
The US is like Wile E. Coyote, running on fumes in mid air but still acting like it is the undisputed boss. The fall will be a severe shock to the Western elites.

Posted by: Roger | Apr 27 2024 23:40 utc | 149

@ Roger | Apr 27 2024 23:07 utc | 145 who wrote

The Central Bank is owned by the state, so government debt held by the central bank is a debt to itself.

In the US the Central Bank (Federal Reserve) has 12 regional banks that are owned privately as is the case in many countries Central Banks.
All the discussion about MMT is worthless unless you say who runs finance, public or private.
We are in a civilization war right now about this subject….China has a totally public controlled system of finance and the West is mostly privately controlled.

Posted by: psychohistorian | Apr 27 2024 23:56 utc | 150

Posted by: Hoarsewhisperer | Apr 27 2024 23:19 utc | 147
I was thinkiign this too. All our good will to you b! 🤞

Posted by: Patroklos | Apr 27 2024 23:57 utc | 151

Pity b hasn’t told us the precise nature of his medical problem. This community might be able to make useful suggestions to him.

Posted by: Lysias | Apr 28 2024 0:10 utc | 152

@Posted by: psychohistorian | Apr 27 2024 23:56 utc | 150
Of course in the West it is run for the benefit of the financiers. Even Japan was forced that way after it had been too successful with its development state, and the Bank of Japan was given preeminence over the Finance Ministry and MITI. The same with South Korea after the 1990s Asian Financial Crisis.
In China of course the finances are run by the Party-state for the benefit of the national development, its why Alibaba and its billionaire founder were dealt with so severely when they started to try to privatize the creation of money and debt.

Posted by: Roger | Apr 28 2024 0:45 utc | 153

Posted by: Lysias | Apr 28 2024 0:10 utc | 152
b referred to a “necessary medical procedure.” Given that his 60th birthday is now History, and the insinuation was that the procedure was routine and simple, my guess is insertion of one or more stents in one or more blood vessels for stroke-prevention.
The medication for reducing the risk of blood clots has various inconvenient and inconsistent side-effects.
But it’s just a guess.

Posted by: Hoarsewhisperer | Apr 28 2024 1:23 utc | 154

OMFG
dick Cheney is very much alive and kicking, lecturing China on ruse based order, in an Arab forum !
https://www.youtube.com/watch?v=Fl7OmvY-j6I

Posted by: denk | Apr 28 2024 1:30 utc | 155

@ Hoarsewhisperer | Apr 27 2024 23:19 utc | 147
that hasn’t gone un noticed.. hard to know just why though… b might have wanted to open the forum up, but clearly he is in recovery mode and hopefully all is well.. as for lysias question – again, it’s up to b if he wants to comment on that and for us to respect his privacy until he does… again – hopefully all is well and he is doing okay (with a slower recovery back to where he was before?)… that is my prayer..

Posted by: james | Apr 28 2024 1:35 utc | 156

From the Guardian Australia:
Australia news live: levels of violence against women ‘incredibly frustrating and incredibly baffling’, social services minister says as national protests continue
This is a big thing here at the moment where it seems a week cannot pass without women murdered. It is being called a ‘national shame’. Let me begin this analysis with an unequivocal preface: domestic or other violence against women is a always an evil that must be resisted to the utmost.
Causation is of course the first duty of policy makers if resistance and prevention is meaningful. And it is here that the cluelessness of our governments makes itself plain once again. It is only ‘incredibly frustrating and incredibly baffling’ if you are an idiot without a sense of what causes communal social frameworks, like families and communities, to erode and collapse. To call it ‘national shame’ is misleading on both counts: it is not unique to Australia and it cannot be explained morally.
If you hollow out communal and social forms of human life then you get inchoate violence. Atomized individuality, the loneliness of the human subject cut off from the objective conditions of life (as Marx puts it in the Grundrisse), will strike at perceived (emphasis) sites of injustice. The violence is also what one reaps when government washes its hands of the poor, mentally ill, unemployed, the homeless, and above all, disintegrating families who finds themselves cut off from the forms of society which make human life meaningful. And while it pains me to say it, the ascendancy of a militant branch of feminism, allied to identity politics and co-opted by social media and capital, has accelerated the dissolution of the very frameworks within which humans have traditionally ‘realized their humanity’ (as Aristotle would put it), namely oikos and polis. Whether this is a ‘good thing’ or not is not for me to say, but the isolated individual, cut off from these sources of the ground of humanity, will lash out at those forces, real or imagined. That women should be the target is a sad and horrible effect of this.
Thus, putting the blame on ‘toxic masculinity’ or ‘something wrong with the national character’ or ‘shameful lack of moral compass’ or even ‘the psychopathy of individuals’ is inherently misguided—why? Because each of these stupid reasons depend on a metaphysical explanation, that there something inherently wrong, pathologically wrong, that can be fixed with a clinical metaphysical intervention. But the blame must be put squarely on the shoulders of the agents which erode human sociality, which break down and dissolve symbolic systems of meaning, which want to mix up humanity into a colourless mass of atomic particles who can only find meaning by subscribing to an instagram platform of identity, empty, groundless, vapid alienated subjectivity.
But can you expect such explanation from liberal media? Masculinity will be banned, but the women will keep dying. A depressing world.

Posted by: Patroklos | Apr 28 2024 1:35 utc | 157

Some 4 years ago, because I was suffering from atrial fibrillaion, I was put on the blood-thinner Eliquis (aka apaxiban) which caused such severe blood loss that it could have killed me. Fortunately, I pointed out to the doctors the problem, and they took me off Eliquis and scheduled me for a surgical option. They inserted into my heart a so-called “amulet”, a device which has so far prevented a stroke. ” Watchman” is another name for a device which can be inserted into the heart to prevent stroke.
If that is indeed b’s problem, I hope this information helps him.

Posted by: Lysias | Apr 28 2024 1:40 utc | 158

Yay! b had a very good outcome.
I don’t comment much. The world just goes crazier and crazier, and I have begun to think it is all run by crazy fools. I get tired more. So let the others figure it out.

Posted by: blues | Apr 28 2024 1:47 utc | 159

Addendum to #157

No More: National rallies against gender based violence were held in Sydney, Hobart and Adelaide on Saturday, with more due to be held across the country on Sunday, calling for greater action, including calls for a royal commission, to address the epidemic of women killed in violent attacks.
It comes as the federal attorney general, Mark Dreyfus, rejected the idea of holding a royal commission into domestic violence, saying that it should be dealt with via cooperation between the federal government working with state and territory governments.

You see what I mean?
* “Gender based violence”—wrong, not gender-based. This is a symptom, not a cause.
* “Epidemic of women killed in violent attacks”—wrong: clinicizing it by calling it an ‘epidemic’ conveniently makes it a pathology, an anomaly. But it’s not anomalous, it’s what happens when neoliberalization strips out all social frameworks and substitutes pay-as-you-go rent-seeking.
* “rejected the idea of holding a royal commission into domestic violence”: well of course he would, because this would come as close as one could get these days into identifying the ruinous site of western sociality corrupted by the emptiness of global social media pastiche as the main cause. Various social services figures would give evidence that lack of support to families, housing insecurity, unemployment, falling wages, retail gouging and inflation, chronic debt, failing public schooling and healthcare, vanishing social institutions, and radicalized religion (itself a fascistic reaction to loss of meaning) and ultimately utter hypocrisy in relation to democracy and human rights domestically and internationally are the problem.
Instead men will be banned.

Posted by: Patroklos | Apr 28 2024 1:51 utc | 160

Atrial fibrillation, not fibrillaion. Autocorrect not only makes lots of “corrections” when they are not needed, but it does not make an obvious correction when it is needed.

Posted by: Lysias | Apr 28 2024 2:04 utc | 161

Patroklos | Apr 28 2024 1:51 utc | 160
Both those posts are very much what I have been thinking about with this self destructive cult belief or ideology that has taken a strong hold on the western world.
Part of this is that males are supposed to be like steers, geldings, neither male nor female.
Sexual equality can only be based around the strengths and weaknesses of each the testosterone based male character and the estrogen based female character. In general, each have their own separate strengths and weaknesses.

Posted by: Peter AU1 | Apr 28 2024 2:19 utc | 162

Hoarsewhisperer | Apr 27 2024 23:19 utc | 147
I’m thinking the same.

Posted by: Peter AU1 | Apr 28 2024 2:43 utc | 163

Posted by: Peter AU1 | Apr 28 2024 2:19 utc | 162
What saddens me is that intelligent analysis can provide a solution. Women don’t need to die, but we will continue down this path, like a man treating his headache by bashing his head against a wall, wondering why it’s only making it worse…

Posted by: Patroklos | Apr 28 2024 2:46 utc | 164

That WAS quicker than I expected. Sunny Autumn Sunday afternoon here in the South Island & figured I’ll check MoA … & you’re back !! Glad it went well & not as serious (potentially) as originally envisaged. Back to daily check ins to the site.
Cheers
Chris in Ch-Ch

Posted by: Chris in Ch-Ch | Apr 28 2024 2:54 utc | 165

Posted by: Patroklos | Apr 28 2024 1:51 utc | 160
(Neoliberalization is the problem)
Bullseye!
In Oz successive ‘liberal’ govts reduced the Top Marginal Tax Rate from 90% to ~64% during the ’70s and ’80s. They also abolished Death Duties and the Universal Old Age Pension and made expenses on Private Rental Housing tax deductible for Landlords. They also sold off large swathes of Govt-owned Public Housing and closed down the State Housing Commissions.
Thus not surprising that 80% of politicians in Federal, State and Local Govt in Oz are Housing Landlords.

Posted by: Hoarsewhisperer | Apr 28 2024 3:16 utc | 166

Patroklos | Apr 28 2024 2:46 utc | 164
We get to watch the collapse of an empire, a civilization, society – in real time rather than read about it in history books. It is not pretty.
But this destruction/collapse of society, it is certainly the hardest to deal with or get ones head around.

Posted by: Peter AU1 | Apr 28 2024 3:29 utc | 167

Below is a ZH posting title with a sub-heading that is not reflected in the detail of the posting
Americans Are Increasingly Negative About China
Sub-heading only on ZH main page
…so propaganda works!?
The Gallup poll results in the posting show that propaganda does/has worked in America….are we surprised?

Posted by: psychohistorian | Apr 28 2024 3:46 utc | 168

It is interesting to note both Russia and China’s diplomatic courtesy to official offices rather than the person of all nations great and small – apart from the Empire of Lies. Blinky’s recent visit to China was an absolute standout.
Like some sort of hired help shown the servants entrance rather than the diplomatic red carpet.

Posted by: Peter AU1 | Apr 28 2024 3:46 utc | 169

@patroklos
You’re on a roll today. Thanks for stimulating fare.
Meanwhile, back at nakedcapitalist, a deep-dive article into Chinese Thought reviewing a seminal book recently translated into English: Hui Wing’s “The Rise of Modern Chinese Thought”.
https://www.nakedcapitalism.com/2024/04/are-you-ready-to-dive-deep-into-chinas-intellectual-odyssey.html

Contents:
Editor’s Introduction
Michael Gibbs Hill
1. Heavenly Princi­ple and the Propensity of the Times
Translated by Jesse Field
2. Heavenly Princi­ple and the Centralized State
Translated by Jesse Field and Matthew A. Hale
3. The Transformation of “­Things”
Translated by Mark McConaghy
4. Classics and History (1)
Translated by Minghui Hu
5. Classics and History (2)
Translated by John Ewell
6. Inner and Outer (1): The Concept of Ritual China and Empire
Translated by Anne Henochowicz and John Ewell
7. Inner and Outer (2): Empire and Nation-­State
Translated by Dayton Lekner and William Sima
8. Confucian Universalism and the Self-­Transformation of Empire
Translated by Craig A. Smith

Introduction to the Article:

By Lynn Parramore, Senior Research Analyst at the Institute for New Economic Thinking.
The need to understand China is obvious, but how to go about it? The lack of Chinese philosophy education in the U.S. presents a serious challenge, compounded by daunting barriers of language, stark cultural contrasts, and disparities in worldview. Concepts may not align neatly with Western philosophical frameworks, requiring a subtle understanding to grasp fully or even perceive the differences.
Anyone who sets out to comprehend China’s complexity confronts an intricate tapestry woven with threads of continuity, bursts of disruption, and variegated patterns. China’s history is filled with paradoxes, merging timeless traditions with the dynamism of transformation. From ancient cultural legacies to the ebb and flow of centralized governance over two millennia, China embodies a profound reverence for its heritage. Yet invasions, dynastic shifts, and revolutions have continually reshaped China’s socio-political and intellectual landscape, showcasing its adaptability. This invites exploration of the interplay between tradition and innovation, enriching our understanding of Western and Chinese thought.
If you’re ready to set forth, the contributions of Wang Hui, one of China’s most prominent intellectuals, are indispensable. After twenty years, English speakers can finally access his magisterial The Rise of Modern Chinese Thought, which provides a comprehensive exploration of China’s intellectual traditions, emphasizing their diversity and interconnectedness. Avoiding teleological narratives, he traces developments in Chinese thinking from antiquity to the present, highlighting key philosophical movements and their impact on Chinese society and governance. Wang argues for a contextual understanding of Chinese thought, viewing it as a dynamic dialogue between tradition and innovation, shaping China’s cultural identity and its interactions with the world.

Posted by: scorpion | Apr 28 2024 3:49 utc | 170

fyi,
hahahahaha
https://twitter.com/Sprinterfactory/status/1784151152788902299
None of the Chinese authorities saw off US Secretary of State Antony Blinken at Beijing airport. Only American Ambassador Burns kept his boss company

Posted by: michaelj72 | Apr 28 2024 3:53 utc | 171

Posted by: Roger | Apr 27 2024 21:56 utc | 138
thanks for that overview. Have tried replying but never goes through. No idea why since no links. Anyway, thanks.

Posted by: scorpion | Apr 28 2024 3:53 utc | 172

psychohistorian | Apr 28 2024 3:46 utc | 168 “…so propaganda works!?”
In the last ten years, I have watched all the people about me change, friends and family alike.

Posted by: Peter AU1 | Apr 28 2024 4:12 utc | 173

Is any barfly aware of a Chinese equivalent of en.kremlin.ru?
Posted by: Hoarsewhisperer | Apr 27 2024 3:13 utc
**********
Try these:
Ministry of Foreign Affairs
https://www.fmprc.gov.cn/mfa_eng/
and the State Council
http://english.www.gov.cn/
Both are official sites of the CPC, and the transcripts seem to be honest and reliable – and also timely (the report of Blinken’s visit is on the MFA website already).

Posted by: General Factotum | Apr 28 2024 4:57 utc | 174

Acceptance
When the spent sun throws up its rays on cloud
And goes down burning into the gulf below,
No voice in nature is heard to cry aloud
At what has happened. Birds, at least, must know
It is the change to darkness in the sky.
Murmuring something quiet in her breast,
One bird begins to close a faded eye
Or overtaken too far from his nest,
Hurrying low above the grove, some waif
Swoops just in time to his remembered tree-
At most he thinks or twitters softly ‘Safe!
Now let the night be dark for all of me.
Let the night be too dark for me to see
Into the future. Let what will be, be.

Posted by: juliania | Apr 28 2024 5:14 utc | 175

@ Peter AU1 | Apr 28 2024 4:12 utc | 173 with personal report on effects of propaganda……you are not alone
Tis easier to fool a man that convince them they have been fooled….Mark Twain
I remain hopeful that something will come along to break the spell….

Posted by: psychohistorian | Apr 28 2024 5:17 utc | 176

It’s beginning to look as if b’s optimism about the outcome of his recent surgery was premature. No new post for 3 days is unusual
Posted by: Hoarsewhisperer | Apr 27 2024 23:19 utc | 147
The practice these days is to do the surgery, and then throw you out of hospital after only a day or so, leaving you to convalesce at home. It’s cheaper, and more economic use of hospital resources. I know because it’s just happened to me. The psychological effect on the patient will be first a burst of optimism that you’re able to go home, and then subsequently a realisation that recovering from an operation doesn’t really happen so quickly, and you need time to get yourself together, particularly if you’ve had a general anaesthetic. This explains what’s happened with b, and is not a sign that things are not going well for him. Also, he lives alone, I believe – maybe he’s gone to stay with a relative.

Posted by: laguerre | Apr 28 2024 7:03 utc | 177

Posted by: General Factotum | Apr 28 2024 4:57 utc | 174
(Chinese equivalent of en.kremlin.ru)
Thank you GF. I have noted your recommended links which seem to be precisely what I was seeking. While I was waiting for inspiration I found some China related news links in b’s MoA Blogroll and Links list.

Posted by: Hoarsewhisperer | Apr 28 2024 7:38 utc | 178

There never was a “rules based order”.
That was a typo which has not been noticed until now.
The true idea was about a “lures based order”.

Posted by: Parisian Guy | Apr 28 2024 8:15 utc | 179

GOOD SUMMARY OF STUNNING ULTIMATUMS BY BLINKEN TO CHINA END OF TRIP
Blinken demands China ditch Russia. Ukraine cauldron. Istanbul deal leaked. WSJ, Putin didn’t do it
Alex Christoforou
“This whole thing was planned …”
SEE
https://www.youtube.com/watch?v=Zvwxg-o_cM8
BLINKEN LATE FOR MEETING – XI JINPING NOT HAPPY –
https://t.me/s/llordofwar/336920
I think this is the worst the relationship has been …. no greeting at airport by MFA only local Mayor, and no officials went with Blinken to the airport when he departed – no one. I have a feeling maybe the Chinese are now going to stop playing these childish games with the US. see Blinken’s comments before leaving China vs what he said to their Face.
——————————-
Antony Blinken press conference IN CHINA before departing home:
“This Is What I Told China’s President Xi And Foreign Minister Wang Yi”
SEE
https://www.youtube.com/watch?v=fbNgWppRfDE
BLINKEN Interview with BBC in China before departing
US Secretary of State Antony Blinken has warned Washington will act if China does not stop supplying Russia with items used in its assault on Ukraine.
Speaking to the BBC in Beijing, the US’s top diplomat said he had made clear to his counterparts they were “helping fuel the biggest threat” to European security since the Cold War.[A US SECURITY THREAT TOO]
He did not say what measures the US was prepared to take. BUT READY AND PREPARED TO ACT
SEE
https://www.youtube.com/watch?v=ZgEn28ITJpQ
——————————-
COMPARE WITH China MFA website:
2024-04-26 via MFA what Xi said:
China and the United States should be partners rather than rivals; help each other succeed rather than hurt each other; seek common ground and reserve differences rather than engage in vicious competition; and honor words with actions rather than say one thing but do another. He proposed mutual respect, peaceful coexistence and win-win cooperation as the three overarching principles for the relationship. They are both lessons learned from the past and a guide for the future.
China is committed to non-alliance, and the U.S. should not create small blocs. While each side can have its friends and partners, it should not target, oppose or harm the other.
what Blinken said to Xi/Wang
The U.S. does not seek a new Cold War, (Lying)
does not seek to change China’s system, (Lying)
does not seek to suppress China’s development, (Lying)
does not seek to revitalize its alliances against China, (Lying)
and has no intention to have a conflict with China. (Lying)
The U.S. adheres to the one-China policy. (Lying)
It hopes to maintain communication with the Chinese side, (Lying)
follow through on what the two presidents agreed in San Francisco, (Lying)
seek more cooperation, avoid misunderstandings and miscalculations, responsibly manage differences, and achieve stable development of U.S.-China relations… (yes, more Lying)
SEE
https://www.fmprc.gov.cn/mfa_eng/zxxx_662805/202404/t20240426_11289925.html
And they obviously know he was lying, right? And not for the first time.

Posted by: Lavrov’s Dog | Apr 28 2024 9:49 utc | 180

https://www.rt.com/news/596702-china-nord-stream-investigation/
China’s deputy envoy to the UN has called for an international probe into the bombing of the Nord Stream gas pipelines, adding that Russia would be involved in such an investigation.
Posted by: psychohistorian | Apr 27 2024 4:20 utc | 97
Humanity is approaching a day or so of reckoning, IMO
I don’t think I completely understand the meaning in this statement? Could you please elaborate?
Posted by: scorpion | Apr 27 2024 21:26 utc | 136
The rush to batteries seems like another decision that has little to do with economic or logistical necessity. Hydrogen makes sense, but for some reason the elites are against it. Perhaps because ordinary people would learn how to make their own electrolysis- derived hydrogen from water thus compromising centralized / monopolistic supply chains and elite control of energy.
<= could you please post a link to the technology of the electrolized hydrogen system and if you know it, who might already be manufacturing such systems..you referred to ? Thanks. BTW I agree with you monopolitic commercial economic centralization has thwarted adaptation of bunches of better than now in use technology. Posted by: smuks | Apr 27 2024 22:33 utc | 141 responds to Roger | Apr 27 2024 20:09 utc | 131 SG | Apr 27 2024 20:51 utc | 133 Trouble is, nobody wants to pay for nuclear, nor carry the risks of the (uninsured) industry, nor run the plants. No private company anywhere in the world in interesting in building reactors - hardly surprising, given that wind and solar are down to 2-3 ct/ kWh while nuclear is anywhere from 20 to 60. France's electricity is 'cheap' on paper bc its state-run reactors are heavily subsidized with tax money. They'll build a few new ones, costing 15-20 billion per unit (cf. Finland), for a single reason: To keep the option of building/ upgrading nuclear weapons. Same story in UK - only that it's completely broke, and going around begging others to pay for HP C. <= I propose failure of nuclear to be competitive commercially has caused those with the nuclear knowledge to seek to exploit their knowledge and to recoup their investments by insisting that nations, dispense with non nuclear weapons, and begin settling routine conflicts with nuclear weapons. Selling Weapons to governments may be the only profitable way for the nuclear industry to profit from their monopoly of nuclear knowledge and for them to recoup their dollar investments in nuclear technology. Hence the recent threats of some nation state leaders to introduce nuclear weapons to resolve existing conflicts around the world? Lobby power and propaganda narratives are being employed more and more to legitimize the use of nuclear weapons.

Posted by: snake | Apr 28 2024 10:42 utc | 181

@Roger | Apr 27 2024 21:56 utc | 138
First things first.

Chinese vehicle purchase subsidies were eliminated at the end of 2022, it is the US that is throwing government money at EV’s, along with the Europeans. The Chinese supply chain now no longer needs subsidies to be competitive with ICE vehicles. Let that sink in.

For being someone that claims to have researched the issue, you are mixing up things again and again. The Chinese government flooded with subsidies the EV carmakers, and that ended in 2022. However subsidies, or if you prefer, incentives for buyers, like those in Europe and elsewhere, are still in place in China. In 2023 China introduced a new $72 billion tax breaks package for buyng EVs. So to recapitulate: China has subsidies for buyers, like those in EU or USA, it had subsidies for makers, which are illegal under EU law and are the reason why Chinese EV cars could be sanctioned in the EU, and its government was a huge buyer of those cars, unlike those of the EU.

Japan is the leader in car batteries?!!! That is utterly disconnected from reality. Here are the global market shares of car batteries for Jan-Feb 2024:

You are mixing up market share and technological achievements. Chinese batteries are cheaper, that is well known. That does not mean that they are also the most technological out there.

The Chinese manufacturers are also moving rapidly up market, for example with the BYD Denza and Yangwang brands. And both Huawei and Xiaomi have made significant entries, with the recent Xioami SU7 easily outdoing the Model 3. The Japanese manufacturers have signed their own death sentence, with likely a protectionist/anti-Chinese reprieve in Japan and the US. Just like Tesla that is rapidly losing market share in China and coming under intense pressure in Asia and Europe.

As soon as the German Federal Constitutional Court deemed illegal the subsidies for BEVs, in December 2023, the sales of BEVs in Germany fell: they did not slow down, they fell! In March the sales of BEV fell in all the EU and the marketshare was down from a meager 13.9% in 2023 to a ludicrous 13%. Now the German government has to stop subsidies for electric busses and trucks: “the Government used to subsidize the purchase of heavy-duty vehicles with alternative drives so to cover about 80 percent of the price difference compared to a diesel vehicle”. In many places in the EU there are still generous subsidies, but that is not enough to sustain the scam: in Italy they have up to €13,000 of tax breaks for buyng a new BEV, but the BEV market share fell in March and the petrol car market share (pure petrol, not hybrid) rose (hybrid cars surged)!
As I already said to you, there are some reasons why China chose to bet on electric vehicles, but those reasons are not equally valid for everyone else.
– Chinese-made combustion engines are quite poor.
– Chinese megacities had (have) a huge problem with air quality (see point one for an aggravating factor).
– Chinese megacities have no problem (like any modern megacity) with the availability of electricity.
– China has access and control over some core resources for electric batteries.
So they achieve to be competitive and independent in the mobility market, thanks to the fact that they have what they need to build those cars and they are not technologically behind as with combustion engines, and on top of that, they reduce the heavy smog of their megacities.
All those strong points for China are not strong for others, who have not big smog problems, who have not access nor control over the needed natural resources, who already have a very mature and efficient combustion engine technology.
Bonus: https://www.bloomberg.com/features/2023-china-ev-graveyards/

Posted by: SG | Apr 28 2024 10:57 utc | 182

Bonus.
Car sales in Europe in March 2024.
By group:
1 Volkswagen Group 323,773 –6.6%
2 Stellantis 228,740 –8.7%
3 Renault-Nissan-Mitsubishi 187,177 +11.6%
4 Hyundai-Kia 112,692 –5.6%
5 Toyota Group 102,400 +10.9%
6 BMW Group 96,961 –0.9%
7 Mercedes 81,717 +2.8%
8 Ford Motor 48,161 –21.7%
9 Tesla 40,109 –34.9%
10 Volvo 38,582 +32.5%
By brand:
1 Volkswagen 129,187 –5.2%
2 Toyota 94,300 +9.0%
3 BMW 80,928 +9.4%
4 Mercedes 78,318 +1.4%
5 Peugeot 69,051 –12.0%
6 Renault 68,922 +5.2%
7 Skoda 65,956 +0.4%
8 Audi 65,239 –19.6%
9 Kia 57,699 –5.7%
10 Hyundai 52,958 –4.9%
By model:
1 Tesla Model Y 26,847 –41.7%
2 VW Golf 25,779 +42.9%
3 Dacia Sandero 25,660 +22.5%
4 Nissan Qashqai 24,764 +14.0%
5 Peugeot 208 23,462 –1.7%
6 Renault Clio 22,964 +27.2%
7 Citroen C3 21,110 +15.2%
8 VW T-Roc 20,852 –2.9%
9 Ford Puma 19,077 +26.4%
10 Toyota Yaris 19,056 +39.5%

Posted by: SG | Apr 28 2024 11:24 utc | 183

I suggest people to donate money to b if they can.
That would be a nice help for the period after this operation.

Posted by: vargas | Apr 28 2024 11:35 utc | 184

A comment on “home electrolysis of water to get hydrogen”, electrolysis has always been an easy way to get it but it’s never been a cheap way. Getting it from natural gas is cheaper but still expensive. The Hydrogen Economies problems are largely economic.

Posted by: SwissArmyMan | Apr 28 2024 11:46 utc | 185

It seems that China (contrary to what I expected) refused Blinken’s orders.
Already today, a huge way of anti Chinese propaganda is actual on MSM.
Fore example look at http://www.yahoo.com.
Can somebody explain how this mechanism works? Just after a day “journalists’ are ready to produce huge amounts of propaganda. How is that synchronized? To me it is a wonder how they manage to synchronize propaganda with the political movement of the leadership of The West.
PS. This Blinken looks like an evil person.

Posted by: vargas | Apr 28 2024 11:49 utc | 186

Glad you are back B!
Given the depravity of the status-quo enforcers, I was worried about you.
May all the good and decent humans outlive the life destroying capitalist classes in all their forms.

Posted by: Friend_of_MLK | Apr 28 2024 11:57 utc | 187

Posted by: snake | Apr 28 2024 10:42 utc | 181
https://japan-forward.com/nuclear-hydrogen-reactor-japans-next-generation-earth-friendly-energy/ (2020)
https://www.japan.go.jp/kizuna/2021/03/hydrogen-production_facility.html (2021)
https://www.hydrogeninsight.com/production/japan-plans-hydrogen-production-with-next-generation-nuclear-reactor-using-heat-and-only-minimal-electricity/2-1-1621135 (April 2024)
Top three results from “Japanese nuclear to hydrogen power station” search. Am no scientist.
Remember reading about Garrett’s carburettor in the 1930’s. An inventor who gave US highways the ‘cat’s eyes’. From a search for ‘Garrett’s carburettor”:
http://rexresearch.com/hyfuel/garrett/garrett.htm
Supposedly by simply altering a carburettor with his gizmo this man could drive an existing combustion engine on the hydrogen gas generated.
The entire ‘water car’ idea is widely regarded as a hoax violating the first and second law of thermodynamics, though such laws are broken daily by natural processes such as plant and bacterial growth. Either the notion is indeed a fraud or maybe it threatens the centralized delivery of electrical power. I think the truth is probably in the middle. Even if gizmo’s like Garrett’s and Meyer’s work, power grids will still be needed. One guy on Youtube built his own backyard particle accelerator (his profession) and has been running his car for years solely on solar-power generated hydrogen from water electrolysis; he shows the whole process from beginning to end.
A major obstacle these days is the unproven belief about Co2 which insists on only carbon neutral approaches. As it happens, both nuclear and hydrogen electrolysis fit that bill. That said, I suspect far more money should go into boosting combustion engine efficiency, but fuel companies of course aren’t interested and corporations dictate where research dollars go. (Perhaps not in China?)
Had a mechanic friend who won races in Toronto back in the 70’s by using fuel vapour somehow. Probably many such tricks would help. But because Co2….

Posted by: scorpion | Apr 28 2024 12:27 utc | 188

PS. The backyard particle accelerator – I just remembered – is used to manufacture metal hydrides he uses to store the hydrogen safely.
I found the video: https://www.youtube.com/watch?v=FJ1VfBB8_hI (watched it many years ago)
Apparently the problem is the hydride: it’s used in nuclear weapons so cannot be purchased in the US. Instead, he had to make it himself, which is legal, so he built his own backyard particle accelerator to make them!
More things like this should be researched. But they are not, or at least not via open source.
And so it goes…

Posted by: scorpion | Apr 28 2024 12:44 utc | 189

Posted by: vargas | Apr 28 2024 11:49 utc | 186
“ Can somebody explain how this mechanism works? Just after a day “journalists’ are ready to produce huge amounts of propaganda. How is that synchronized? To me it is a wonder how they manage to synchronize propaganda …”
Ah – you finally know what question to ask! You are learning to see not just with your eyes grasshopper – just some friendly patronising.
You could do a search in MoA’s archives about Narrative Control and Propaganda in Western Media. You could learn about the the 6 ‘independent’ mega corporations with cross ownership structures who own 80% of the media industrial complex in the western world. Which ensures editorial control.
Or you could go directly to the purpose of the two major ‘News Agencies’ that are staffed and controlled by senior western Intelligence apparatchiks – the Mockingbirds poison nest – Reuters and AP – who by the minute disseminate the Narratives which appear as carpet bombing /Astro turfing in the whole of the controlled media 24/7/365 in the world as it by magic!
Look up that ‘Propaganda Multiplier’ and go read some of Caitlin Johnstone’s writing gs on Narrative control.
One thing is for sure dear poster – alleviate yourself and others from the naïveté of suddenly seeing that Santa Claus is just daddy with a beard! How do kids get so far without realising the LIE right in front of their otherwise open eyes?

Posted by: DunGroanin | Apr 28 2024 12:47 utc | 190

@ DunGroanin | Apr 28 2024 12:47 utc | 190 (and vargas too, assuming he’d really be interested)
A hilarious video demonstrating centralized narrative control at work can be found at Matt Orfalea’s site here.

Posted by: malenkov | Apr 28 2024 13:31 utc | 191

P.S. right on cue
‘ 🇷🇺 Konstantin Gabov, a Reuters producer was arrested in Moscow.
He is accused of collaborating with extremists.
@MyLordBebo | Boost us! | X ‘

Posted by: DunGroanin | Apr 28 2024 14:03 utc | 192

Hermeneutics precedes Explanatics – and Wittgenstein is central to the former.
@ Don Firineach | Apr 28 2024 11:16 utc | 365
[transplanted from the Palestine thread]

Sometimes theologians think of hermeneutics as specific to scriptural reading matter, but I just think of it as how to read — how to read almost anything, but the subject gets more challenging as the text gets more difficult (whether for technical or poetical reasons).
For you, Wittgenstein helps you understand how to read. Not at all for me. I’ve just experienced something of an hermeneutical upheaval after reading Edward Said’s profoundly revolutionary “Culture and Imperialism”:
https://openlibrary.org/works/OL27391W/Culture_and_imperialism?edition=key%3A/books/OL1722517M
More than any other teacher, Said has helped me learn how to enhance my enjoyment of novels and operas via historical contexturalization. Hidden layers churning, now softly, somewhere in the percussion section!

Posted by: Aleph_Null | Apr 28 2024 14:27 utc | 193

@ Aleph_Null | Apr 28 2024 14:27 utc | 193
For you, Wittgenstein helps you understand how to read …
Not exactly – much more important is how to interpret ‘dialogue’ – and to really interpret dialogue – and gain some access to the meanings of said dialogue – then one needs to get into the context – into the lifeworld that one wishes to understand – and only within such a lifeworld/context can one gain real insight…. dialogue here is viewed as ‘action’ – and actions can be strategic, latently strategic, or genuinely communicative.
So, with Said, we agree on ‘contextualisation’ – which of course, helps with both reading in historical context … and … to interpret briefings and dialogue with the likes of Blinken, Genocide Bibi, or Nozy Biddy down the street ….
Appreciate the genuinely communicative chat ….

Posted by: Don Firineach | Apr 28 2024 14:50 utc | 194

Posted by: DunGroanin | Apr 28 2024 12:47 utc | 190
OK. Thanks. Big corporations owning media. But how does that work on the tehnical level? Each day MSM “journalists” receive orders?
Even if there are only 6 corporations owning almost all MSM, that would also eequire somw synchronization.
Who gave order for propaganda attack against China? Blinken himself? Or was it already ready and waiting for a trigger?
Pure ownership of media does not clarify their methods.

Posted by: vargas | Apr 28 2024 15:13 utc | 195

@ vargas | Apr 28 2024 15:13 utc | 195
read this to answer some of your questions…
The Propaganda Multiplier
It is one of the most important aspects of our media system, and yet hardly known to the public: most of the international news coverage in Western media is provided by only three global news agencies based in New York, London and Paris.
The key role played by these agencies means Western media often report on the same topics, even using the same wording. In addition, governments, military and intelligence services use these global news agencies as multipliers to spread their messages around the world.

Posted by: james | Apr 28 2024 15:23 utc | 196

Not exactly – much more important is how to interpret ‘dialogue’ – and to really interpret dialogue – and gain some access to the meanings of said dialogue – then one needs to get into the context – into the lifeworld that one wishes to understand – and only within such a lifeworld/context can one gain real insight…. dialogue here is viewed as ‘action’ – and actions can be strategic, latently strategic, or genuinely communicative.
@ Don Firineach | Apr 28 2024 14:50 utc | 194

This kind of post-structuralist jargon, or whatever it is, is where I side with philosophers who respect clear communication, such as Popper. What is supposed to be the difference between dialogue and ‘dialogue’, for instance? The whole tenor effectively insists that ordinary folks are too stupid to understand subtle matters such as the difference between dialogue and ‘dialogue’.
Exhibit A in my case that Wittgenstein represents the general demise of philosophy.
Dialog to me (with or without the quotes or the ue) is what I see a lot of in well-written novels. Two people colliding is always more interesting than someone mumbling solo.

Posted by: Aleph_Null | Apr 28 2024 15:26 utc | 197

The practice these days is to do the surgery, and then throw you out of hospital after only a day or so, leaving you to convalesce at home. It’s cheaper, and more economic use of hospital resources. I know because it’s just happened to me. The psychological effect on the patient will be first a burst of optimism that you’re able to go home, and then subsequently a realisation that recovering from an operation doesn’t really happen so quickly, and you need time to get yourself together, particularly if you’ve had a general anaesthetic. This explains what’s happened with b, and is not a sign that things are not going well for him. Also, he lives alone, I believe – maybe he’s gone to stay with a relative.
Posted by: laguerre | Apr 28 2024 7:03 utc | 177
Thank you, laguerre! We wish you and b and all who are convalescing in this manner a good if not speedy recovery this Orthodox Palm Sunday, for which the following is sufficient:
By raising Lazarus from the dead before thy Passion
Thou didst confirm the universal resurrection, O Christ God!
Like the children with the palms of victory,
we cry out to Thee:
O Vanquisher of death:
Hosanna in the highest!
Blessed is He that comes in the name of the Lord!

Be well, b !!

Posted by: juliania | Apr 28 2024 15:37 utc | 198

“There never was a “rules based order”.
That was a typo which has not been noticed until now.
The true idea was about a “lures based order”.”
Posted by: Parisian Guy | Apr 28 2024 8:15 utc | 179
Yes, there3 was a typo but not that one: “rules biased order”.

Posted by: canuck | Apr 28 2024 15:47 utc | 199

thanks laguerre and juliania… lets hope b recovers quickly…

Posted by: james | Apr 28 2024 15:54 utc | 200