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Thread: Economy and Finance Thread
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August 9, 2021, 05:01 PM #151
Re: Economy and Finance Thread
The report just came out this morning ...
▪︎AR6 Climate Change 2021: The Physical Science Basis — IPCC
3,000-plus-page report from 234 scientists. It will affect the economy more moving forward.
..Not the "Code Red: Humanity" report, but the reality of climate change, as what we see more and more now, in the last 10 years plus, ...the economy is going to get "hot" too ... figure of speech.
* Next year they'll come up with another report: Solutions for each country of the globe on how to improve the climate, and the economy consequently.~ Bob ~
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August 9, 2021, 06:38 PM #152
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August 9, 2021, 08:17 PM #153
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Re: Economy and Finance Thread
I should have verified the source when I said earlier that 97% of climate scientists believed in global warming and that man was at least partially responsible. I got fooled by some dumb @$$es from an agency on the internet. You know, the agency that sent a spacecraft millions of miles away, landed it on a smaller and faster spinning planet than Earth and landed it within 4 feet of the intended target. Those guys are pretty dumb.
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August 9, 2021, 09:21 PM #154
Re: Economy and Finance Thread
Improving our economy ...
• This is How Climate Change Could Impact The Global Economy | World Economic Forum~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
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August 9, 2021, 09:22 PM #155
Re: Economy and Finance Thread
World Economic Forum ...
• IPCC Climate Change Report Shows Need for Urgent Action | World Economic Forum~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
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August 10, 2021, 07:30 AM #156
Re: Economy and Finance Thread
All while the worlds top polluter China might be backing down on its plans to reduce carbon emissions. You just can't trust this goverment., Explainer: What is China'''s "campaign-style" carbon reduction | Reuters2chl : Vincent Sp331MkII, W4S STP-SE Stage 2, Kef 201/2, KEF 140, Vapor Breeze, Lumin, Bryston CD, BHA-1, Quicksilver Headamp, HD650, HD800s, HD820's, Dan Clark 1.1, Focal Stellia, OPPO 203, 105. ( Boxed up: Pass Xa-30.5, VPI Classic, Dynavector DV-20XL, Manley Chinook, Cadenza Bronze)
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August 10, 2021, 07:50 AM #157
Re: Economy and Finance Thread
And since China is tops on all the rare minerals and battery manufacturing, having us go green while they stay with fossil fuels means they control our economy and anyone else buying into this.
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Brian
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August 10, 2021, 11:17 AM #158
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August 10, 2021, 12:16 PM #159
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Re: Economy and Finance Thread
China is definitely loving all of this. Please choke off your industries, lower the manufacturing output, or better yet, send ALL manufacturing to us in China, as you have done over the decades. We will build out cities (more than 50 in fact) to put our large 1.3 Billion population of hard working people to work, keep growing our economy and then take over the world before this century runs out.... Your people in the US can keep sitting on the couches and collect the stimmies...
HONG KONG: China will create millionaires at a quicker pace than the United States in the five years through 2025, as a rapid recovery from the world's worst public-health crisis in a century helps corporate chieftains generate and accumulate wealth faster, according to the 12th Global Wealth Report by Credit Suisse.
The number of US dollar millionaires in China will increase by 92.7% to 10.17 million by 2025, compared with a 27.8% rise in the US to 28.06 million US dollar millionaires over the same period, according to a projection by the Swiss lender.
"The rise of China's wealth between 2000 and 2020 is almost equal to the 80 years of growth of wealth in the US from 1925 until 2005," Anthony Shorrocks, an economist and the report's author, said in a video conference on Tuesday. "We are expecting very solid growth in wealth in the years ahead, in both China and India."
China will create millionaires over 3 times faster than US in 5 years
As far as pollution....
Each year more than 36,000 million tons of CO2 are released into the Earth’s atmosphere, it is the main source of the Greenhouse Gases that contribute to Climate Change. The most part of these gases comes from the use of fossil fuels, the generation of energy through non-renewable channels and polluting human activities.
The last report of the World Meteorological Organization (WMO) pointed out that during the last year recorded (2018), the concentration of CO2 in the atmosphere broke all records in the history of humanity. Specifically, the concentration reached 407.8 parts per million (ppm) in 2018, which represents almost a 47% higher level than the pre-industrial period, before 1750.
Top 10 polluters
However, the most part of this pollution comes from just a few countries: China, for example, generates around 30% of all global emissions, while the United States is responsible for almost 14%.In the ranking below you can find the 10 countries that produce the most emissions, measured in Millions of tons of CO2 in 2019.
China, with more than 10,065 million tons of CO2 released.
United States, with 5,416 million tons of CO2
India, with 2,654 million tons of CO2
Russia, with 1,711 million tons of CO2
Japan, 1,162 million tons of CO2
Germany, 759 million tons of CO2
Iran, 720 million tons of CO2
South Korea, 659 million tons of CO2
Saudi Arabia, 621 million tons of CO2
Indonesia, 615 million tons of CO2
Which countries are the world’s biggest carbon polluters? - Climate Trade
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August 10, 2021, 12:37 PM #160
Re: Economy and Finance Thread
We all know about China; they have the most billionaires on the planet, they are the biggest polluter, their economy is strong, they are the most untrustworthy, they rule the earth's economy in the most despicable ways.
What are we going to do about it?~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
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August 10, 2021, 12:41 PM #161
Re: Economy and Finance Thread
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Brian
Main System - Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables
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August 10, 2021, 01:21 PM #162
Re: Economy and Finance Thread
Brian, how smart one has to be? EV we can buy made in Canada, made in Mexico, made in Japan, made in Germany, made in USA.
We can outsmart China by building a stronger healthier economy. Screw China and their auto-destruction. Screw them with their power trip and crimes against Earth and its humanity.~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
Click ♪ Audiophile Audition
Snoopy as the Red Baron attack
Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)
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August 10, 2021, 01:27 PM #163
Re: Economy and Finance Thread
First of all we will need to get rid of the current admin and most tree huggers that are stopping us from mining what is needed for manufacturing batteries. Assembled In is not the same as Made In. Just because you assemble parts from China in Canada does not make it Made in Canada.
We also have to get rid of the Private Western Central Bank and the Fiat system and the globalists.
Where would you like to start?-----------------
Brian
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August 10, 2021, 01:44 PM #164
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August 10, 2021, 02:44 PM #165
Re: Economy and Finance Thread
Brian, come live in the jungle and hunt like Indians, fish like Indians, live healthy like Indians.
Everything else just screw it, except for the music you like, like the sound of the rivers descending from from the mountains, the waterfalls and all that jazz.~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
Click ♪ Audiophile Audition
Snoopy as the Red Baron attack
Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)
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August 10, 2021, 02:45 PM #166
Re: Economy and Finance Thread
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Brian
Main System - Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables
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August 10, 2021, 03:25 PM #167
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Re: Economy and Finance Thread
This is worth watching and pondering for a moment. Philosophically speaking, it is our success as a species that is the root of all problems. In our never ending quest to find meaning in life, we focus on all the things (mostly materialistic) that add very little to the meaning but require great sacrifices to our planet. When we lived as hunters and gatherers, we did not pose any threat to this planet.
John Danaher's Speech NO ONE Wants To HEAR | One Of The MOST Eye- Opening Speeches - YouTube
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August 10, 2021, 03:58 PM #168
Re: Economy and Finance Thread
That was excellent Serge.
~ Bob ~
"And it Stoned me to my Soul" • Van Morrison
Click ♪ Audiophile Audition
Snoopy as the Red Baron attack
Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)
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August 14, 2021, 05:49 PM #169
Re: Economy and Finance Thread
I heard a great interview with Michael. He said that his 13 or 14 year old daughter and her friends were so upset that the world was not going to be livable for them.
That possessed him to tell the rest of the story and post the truth of what he had been saying for a long time.Synology 1019D+ - SGC Sonictransporter I9 w Roon/HQ Player- UltraRendu- PBD Stream IF to Playback Designs MPS5 via fiber optic - ARC 40th Anniversary Pre - ARC 610 T's - Martin Logan CLX's - 4 Martin Logan Depth i Subs - Shunyata Hydra, DIY PCOCC interconnects, speaker cables and power cords with Furutech terminations. Blue Jeans CAT 6's. Acoustically treated room with one permanent chair.
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August 14, 2021, 10:56 PM #170
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Re: Economy and Finance Thread
German emissions from electricity generation increased in the first half of 2021 by one-quarter, or 21 million tons, according to German think tank Agora Energiewende. Gas-fired power plants increased 15%, coal power plants by 36%, and hard coal power plants by 44%.
Experts say it’s because Germany’s economy is growing more in its post-Covid recovery. "Overall, the recovery in demand is by far the main factor behind the increase in fossil fuel generation," said a German energy analyst.
But the increase was also due to the lack of wind. Wind produced just 46.8 terawatt hours in the first six months of 2021 which is over one-quarter less than the 59.4 TWh they produced in the first half of 2020. Offshore wind generation, too, dropped by 16%, to 11.7 TWh during the period.
It’s true that there was a slight increase in solar power generation, wind was abnormally high in 2020, and things could improve next year. In contrast to 2020, there were no above-average wind and sun conditions in 2021.
But increased electricity from solar was from more solar panels, not more sunlight, and Germany couldn’t install enough of them to make up for the loss of electricity from wind turbines. It’s notable that sunlight was down in the first half of 2021 even as solar panel installation was up. And the German parliament’s researchers recently concluded that Chinese solar panels were being made under conditions of genocide, which make sanctions, and fewer imports of China-made solar panels, inevitable.
Meanwhile, Germany is closing nuclear plants this year and next, which will result in more use of coal and natural gas, and thus increase carbon emissions.
German Emissions From Electricity Rose 25% In First Half Of 2021 Due To The Lack Of Wind Power, Not Willpower
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August 15, 2021, 11:27 AM #171
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Re: Economy and Finance Thread
Curious if anyone in the Big White House ever thinks about "accountability" at all? This is a finance thread, so I am curious if anyone thought today, as the Afghan president flees the country, well, we spent 20 years and over $2T trillion dollars and for what? Another war lost and money wasted.... At some point we need better accountants and accountability of our tax money.
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August 15, 2021, 12:04 PM #172
Re: Economy and Finance Thread
To Whom was this 2T spent with , not wasted at all , dig deep and wide ...!
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August 15, 2021, 05:24 PM #173
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August 17, 2021, 08:34 PM #174
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Re: Economy and Finance Thread
Like it is a secret or something LOL.... Everyone knows it was about the money. It always is! As they say, No Money, No Honey... Check this out. Proof positive Afghanistan was all about the money - YouTube
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August 17, 2021, 08:36 PM #175
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Re: Economy and Finance Thread
Feel free to fact check the above video I posted. One can start HERE Afghanistan: $83 Billion Spent on Army Helped the Taliban | Time
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August 17, 2021, 09:50 PM #176
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Re: Economy and Finance Thread
That's some serious toys that were left behind for the Taliban to play with.. Dozens Of U.S.-Bought Afghan Air Force Aircraft Are Now Orphaned At An Uzbek Airfield
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August 17, 2021, 11:23 PM #177
Re: Economy and Finance Thread
I doubt those fools will be able to either operate or maintain any aircraft they acquire.
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August 18, 2021, 08:03 AM #178
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Re: Economy and Finance Thread
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August 18, 2021, 11:05 AM #179
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August 18, 2021, 11:11 AM #180
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August 18, 2021, 11:14 AM #181
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Re: Economy and Finance Thread
Of course the Taliban is well trained. The Taliban now has all the well trained by US dollars and experts ex-Afghanistan soldiers joining them or else they and their families will be executed. That's how it works over there and that's why one doesn't go there to make enemies and expect to win with minimal casualties to the innocent population. It just can't be done. How many have tried and failed over the centuries??? Gotts to know history and who you are dealing with when picking a fight....
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August 18, 2021, 11:22 AM #182
Re: Economy and Finance Thread
Err , its a bit deeper than that
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August 18, 2021, 11:34 AM #183
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Re: Economy and Finance Thread
No doubt in my mind China knows exactly what they are doing although it may not seem like it.... What China doesn’t understand is that Ta!iban is not Hamas What China doesn?t understand is that Ta!iban is not Hamas - YouTube
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August 18, 2021, 12:39 PM #184
Re: Economy and Finance Thread
What Amerikhans dont understand is the Taliban is not Hamas , Al Queda or the Mujahadean.....
New Budget on Terror in 3,2, ...........* An Audiophile is only as old as his latest Class D incarnation *
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August 18, 2021, 12:44 PM #185
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Re: Economy and Finance Thread
Not a war strategist or a military analyst but common sense tells me that China being buddies with a willing group of terror is a bit of a concern.... Imagine virtually unlimited resources backing a very willing group to do all kinds of things anywhere they can get to... China is growing bolder by the day and this relationship will be yet another tool at its disposal.... Taiwan is next on the list of conflicts me thinks!
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August 18, 2021, 12:46 PM #186
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Re: Economy and Finance Thread
Getting back to our own Finances....
Market Crash-Up: A Venezuela 2.0 Scenario Where You Will Continue to Lose Purchasing Power Market Crash-Up: A Venezuela 2.0 Scenario Where You Will Continue to Lose Purchasing Power - YouTube
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August 18, 2021, 02:08 PM #187
Re: Economy and Finance Thread
Follow the money , if you do China would not be ur focus ...!
* An Audiophile is only as old as his latest Class D incarnation *
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August 18, 2021, 02:09 PM #188
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August 18, 2021, 04:43 PM #189
Re: Economy and Finance Thread
* An Audiophile is only as old as his latest Class D incarnation *
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August 18, 2021, 04:57 PM #190
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August 18, 2021, 05:02 PM #191
Re: Economy and Finance Thread
so, you want lithium to build your batteries for your EV's, could get interesting ..........
The Taliban are sitting on $1 trillion worth of minerals the world desperately needs - CNNCheers ! …. Dave
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August 18, 2021, 05:33 PM #192
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Re: Economy and Finance Thread
$88.2 billion price tag for rebuilding Iraq after Islamic State war
The U.S. alone spent $60 billion over nine years — some $15 million a day — to rebuild Iraq. Around $25 billion went to Iraq’s military, which disintegrated during the lightning 2014 offensive of the Islamic State group, which grew out of al-Qaida in Iraq. U.S. government auditors also found massive waste and corruption, fueling suspicions of Western politicians who want to scale back foreign aid.
Just saying... That tax money that comes out of our paychecks sure is going to good use.
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August 18, 2021, 06:36 PM #193
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Re: Economy and Finance Thread
We all remember Benghazi, how can we forget? Well, this has the potential of being Benghazi times 1000 Embassy says US can't guarantee safe passage to Kabul airport | TheHill
The U.S is attempting to evacuate more than 10,000 American citizens still in Afghanistan while more than 80,000 Afghans, including those who assisted the U.S. military and their families, are awaiting approval to escape the country.
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August 18, 2021, 07:05 PM #194
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August 19, 2021, 11:29 PM #195
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Re: Economy and Finance Thread
I like history. I respect leaders that were decisive and heroic at times when people needed them most.
When 340,000 English soldiers were trapped at Dunkirk, Churchill sent fishing boats across the Channel to get them home. Under direct attacks of the German Luftwaffe
When 49,000 Jews needed rescuing from Yemen, a newborn Jewish State rescued them from an enemy country. Operation Magic Carpet.
When 15,000 Americans are trapped in Afghanistan, Secretary of Defense of the most powerful country on earth Lloyd Austin says, "We don't have the capability to go out and collect large numbers of people." That is just beyond sad....
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August 20, 2021, 11:40 AM #196
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Re: Economy and Finance Thread
How does Elon Musk view the future of economy and labor/workforce? Watch the Tesla Bot presentation and hear for yourself what all of the AI experts have been saying for years. UBI or "universal basic income" for people will have to be implemented once the AI takes over. Elon Musk REVEALS Tesla Bot (full presentation) - YouTube
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August 20, 2021, 01:51 PM #197
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Re: Economy and Finance Thread
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August 20, 2021, 02:42 PM #198
Re: Economy and Finance Thread
Civil war ! Where ....?
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August 20, 2021, 02:43 PM #199
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August 20, 2021, 02:47 PM #200
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Re: Economy and Finance Thread
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Audioshark is a community of like minded individuals. Audioshark welcomes participation from all manufacturers and owners of all brands and products. It is our belief that online forums provide a community of like minded audiophiles and music lovers to encourage the growth of this wonderful hobby.
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AudioShark forum is a leading forum site for High End Audio Discussion, Stereo System Discussion, Home Theater System Discussion, Best Home Stereo System Discussion, Home Theater Installation Discussion etc.
The AudioShark forum was created for sharing the passion of high-end Audio. We have Audiophiles from all over the world participating and sharing their knowledge. From novice to experts, you will find a friendly environment for discussing about High End Audio, Stereo System, Home Theater System, Home Stereo System, Home Theater Installation, Amplifiers, Speakers, Subwoofers, Integrated System, Acoustic treatments & Digital Room Corrections and many more.
At AudioShark, we also have incorporated an exciting Marketplace where members can peruse terrific buys on used gear, as well as meet dealers and discuss the purchase of new gear.
We are as crazy about this hobby as you are! So come on in and join us! Audioshark.org the Friendliest Audio Forum!
Industry Participation Disclosure : The owner and administrator of Audioshark is the owner of Suncoast Audio LLC in Sarasota Florida. Suncoast Audio has a full brick and mortar presence in Sarasota with several great show rooms with many world class brands. More information can be found at http://www.suncoastaudio.com
Audioshark is a community of like minded individuals. Audioshark welcomes participation from all manufacturers and owners of all brands and products. It is our belief that online forums provide a community of like minded audiophiles and music lovers to encourage the growth of this wonderful hobby.
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