. . . Rather than Entrance Exams
New Lawsuit in Boston Exam Schools Case
And the zip codes favored have minority populations which, ironically, suggests that those admitted on this basis might comprise THE LEAST QUALIFIED available.
Why don’t we just round up the poorest performing students we can find and start training them to be surgeons and nuclear physicists? Just cut to the chase already.
Merit isn’t politically NEGOTIABLE.
You either have it, or you don’t.
Check this out from The Guardian.
At Least Four Black Women and Girls Were Murdered per Day in the US Last Year
And WHITE COPS weren’t doing it. Or BLACK COPS.
Where was BLM? Or the REPARATIONS CROWD?
As I’ve argued, the only time black lives TRULY MATTER is if whites take them.
That’s called a DOUBLE STANDARD.
What am I missing here?
The latest nonsense.
From The Daily Mail:
“A car park located in Hanau, Germany, has unveiled dedicated parking spaces reserved for LGBTQ and migrant drivers.”
What about water fountains and rest rooms? When will we see the gay and migrant only versions?
“It is not immediately clear how the authorities intend to monitor whether people who park in the spaces are in fact part of the LGBTQ community or migrants, though HPG said a camera would monitor the car park.”
VIRTUE SIGNALING gone mad.
From American Shipper:
“Yet another sign of stress for energy supplies and global supply chains: Spot rates for large dry cargo ships just topped $80,000 per day for the first time since 2009, and freight derivatives for the fourth quarter — a period when rates for these vessels normally pull back — just spiked.”
“Fears on Chinese property development still loom large, but now there’s an even bigger spotlight on Chinese factory blackouts due to electricity rationing and dwindling coal supplies in both China and India.”
We’re in an inflationary cycle.
From John Rubino at DollarCollapse.com:
This is ALL RUBINO:
“Note that the 1970s appear as two bull markets separated by a correction in 1975. View that decade as a single bull market and you get something as long as – and much more lucrative than — the 2000-2012 bull market, with most of the gains coming towards the end of the run.
“Is the 1970s gold market a good template for the the balance of the 2020s? Let’s consider the similarities:
“Toss in the pandemic that just won’t die, a labor shortage, supply chain disruptions, immigration chaos, and a weirdly-general societal shift away from discipline and rationality, and you get an economy that’s locked into an easy-money, soaring leverage trajectory until no one in their right mind will want anything to do with traditional financial assets.
“In this environment, the boring market action in gold – a form of money that has protected against financial and societal chaos for all of recorded history – looks like the calm before the storm.“
. . . by the Numbers.
Yes, it’s an incalculably dangerous world.
POOF!
Ask me if I’m shocked.
No, actually I’m not that China is just as MERCANTILIST and EXTRACTIVE as any western power in history.
China’s Belt and Road Faces Growing Opposition from Participating Countries as Debts Mount
As it turns out, the Belt and Road Initiative (BRI) lends poorer countries infrastructure money — so that they can help build and then theoretically reap the rewards of — China’s NEW SILK ROAD.
Instead, these countries are facing DEFAULT RISKS which then allows China through covenants in the loan docs to take over and/or extract various natural resources or other goodies these countries possess.
Plus, China has known from the start that these countries have NEVER been creditworthy.
HOW’S THAT FOR A RENTIER COUP/STRATEGY?
China is LITERALLY getting these countries to SIGN OVER THEIR WEALTH. And it’s both perfectly LEGAL and cleverly DUPLICITOUS. In other words, EXTREMELY CHINESE.
Jesus, you’d think China was the WORLD BANK!
This is why the US has to make sure students in college ACTUALLY LEARN SOMETHING AND PASS THEIR EXAMS as opposed to being coddled for having faced “hardships.”
Because THIS IS WHO WE’RE UP AGAINST.
Do we not yet know this?
Still, I remain an H2O guy myself. But I prefer it bottled in glass.
The ranking by drink.
And so they are.
But not that I get it.
First, which government has ever ceded money supply to the people, let alone some decentralized system than doesn’t allow for a SKIM?
NONE.
Second, a highly speculative asset cannot also serve as a universal currency. It can be one or the other, not both. The moment it’s universal, it simply is what it is AS DENOMINATED. And if it’s not universal, then it’s still trading against some other value-benchmark which allows for continuing volatility, something which, by definition, HURTS a currency.
And since China has already renounced decentralized crypto in favor of what is likely to be a gold-backed central bank digital currency, there will never be the kind of universality a decentralized currency would require. So, crypto will remain, for the foreseeable future, a volatile asset.
My only qualifier is this. Crypto’s speculative value could be an expression of the US Dollar’s weakness or even an early-warning expression of how little a hyperinflated US Dollar might be worth.
Think of how many dollars it costs to buy one Bitcoin?
And, of course, the forerunner to this is the US Dollar’s value vs. an ounce of gold, an ongoing fire sale.
Still, if anyone can show me the action plan by which decentralized cryptocurrencies and decentralized finance will take over the world, irrespective of the wishes, input and extractive tendencies of nation-states and their central bank partners, I’M ALL EARS!
Natural gas prices in Europe are now equal to oil at $230 a barrel.
If you don’t think the ENTIRE BALLGAME comes down to ENERGY, stay tuned.
Tudor Place 