Sounds familiar, eh?
You just can’t make this stuff up. It’s so surreal.
Here we will review what’s going on with the “Taiwan Issue”, and cover some other article in geopolitics, society and culture. For after all, this is a historical time. Historians will look back at this moment in time as “the great change”, it represents the start of the “big after”…
U.S. Congressional delegation arrives in Taiwan for two-day visit
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Taipei, Aug. 14 (CNA) A U.S. Congressional delegation led by Democratic Senator Ed Markey arrived in Taiwan on Sunday for a two-day visit that will involve meetings with top-level Taiwanese officials.
In a press release, the American Institute in Taiwan (AIT) said the other members of the delegation are representatives John Garamendi (D-CA), Alan Lowenthal (D-CA), Don Beyer (D-VA) and Aumua Amata Coleman Radewagen (R-AS).
Their two-day visit is part of a larger visit to the Asia-Pacific region, the AIT said, and will include meetings with senior Taiwan leaders to “discuss U.S.-Taiwan relations, regional security, trade and investment, global supply chains, climate change, and other significant issues of mutual interest.”
In a statement, Taiwan’s Ministry of Foreign Affairs (MOFA) welcomed the bipartisan and bicameral delegation, which it said demonstrated the United States’ firm support amid China’s recent escalation of regional tensions.
During the delegation’s visit, the U.S. lawmakers will meet with President Tsai Ing-wen (蔡英文), attend a banquet with Foreign Minister Joseph Wu (吳釗燮) and visit the Legislative Yuan’s Foreign and National Defense Committee to discuss Taiwan-U.S. security and economic relations, MOFA said.
Meanwhile, Presidential Office Spokesperson Xavier Chang (張惇涵) said that the visit “once again demonstrated the U.S. Congress’ resolute support for Taiwan,” as well as its commitment to working with democratic partners to maintain peace and stability in the Taiwan Strait and the region.
The delegation’s trip comes less than two weeks after U.S. House of Representatives Speaker Nancy Pelosi concluded a 19-hour visit to the island on Aug. 3, the first visit by a sitting U.S. House speaker since 1997.
In an apparent response to that trip, Beijing launched an unprecedented set of live-fire military drills in six maritime zones encircling Taiwan from Aug. 4. to Aug. 7
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Related News
Aug. 12: 22 Chinese warplanes and six warships spotted near Taiwan: MND
Aug. 11: Taiwan not seeking conflict escalation but will defend sovereignty: Tsai
Aug. 11: Taiwan’s allies to condemn China at U.N.: SVG prime minister
Aug. 11: Chinese white paper limits room for Taiwan post-unification: expert
Aug. 11: Government to spend NT$200 million on marketing food amid China bans
Aug. 10: MAC slams ‘wishful thinking’ and ‘lies’ in China’s Taiwan white paper
Aug. 9: 45 warplanes, 10 warships spotted near Taiwan as PLA drills continue
Aug. 9: Taiwan’s diplomatic ties stable amid possible China retaliation: FM
Aug. 8: Chinese drills aligned with plans for taking Taiwan by force: Expert
Aug. 7: Taiwan to hold live-fire artillery drills to test combat readiness
Aug. 6: U.S., Japan, Australia urge China to stop military drills
Aug. 6: Defense ministry says China simulating attack on Taiwan
Aug. 5: China’s drills a ‘new normal’ aimed at changing status quo: Experts
Aug. 4: President Tsai calls China’s live-fire drills ‘irresponsible act’
Aug. 4: China fires 11 Dongfeng ballistic missiles into waters off Taiwan: MND
Aug. 4: China cannot stop world leaders from visiting Taiwan: Pelosi
Aug. 3: China’s military exercises aimed at blockading Taiwan: defense ministry
Aug. 3: China imposes new trade restrictions on Taiwan as Pelosi visits
Aug. 2: Visit to honor ‘unwavering’ U.S. commitment to Taiwan: Pelosi
Here Is Why 37 Percent Of U.S. Farmers In The Western Half Of The Country Are Killing Their Own Crops
Food doesn’t just magically show up at the grocery store. If farmers and ranchers do not produce it, we do not eat. I know that I have been writing about the rapidly growing global food crisis a lot lately, but that is because this really is a big deal. All over the globe, agricultural production is going to be below expectations in 2022. As a result, those of us that live in wealthy countries will pay much more for food in 2023, while many of those that live in poor countries will either deeply suffer or die. In fact, children are already dropping dead from starvation in large numbers in some parts of Africa, but most Americans haven’t heard about this because they aren’t showing it on the news.
Of course this isn’t just a crisis for poor countries on the other side of the planet.
Here in the United States, the food that is not being grown in 2022 will cause immense economic pain in 2023.
There are 17 western states that collectively produce almost half of our food, and right now those 17 states are being absolutely devastated by the worst multi-year megadrought in 1,200 years…
The 17 states including and north of Texas, up along the Central Plains to North Dakota and west to California are vital to the U.S. agricultural sector, supporting nearly half of the nation’s $364 billion production by value. This includes 74% of beef cattle, responsible (in total) for 18% of U.S. agricultural production by value; 50% of dairy production, responsible (in total) for 11% of U.S. agricultural production by value, over 80% of wheat production by value and over 70% of vegetable, fruit and tree nut production by value. Drought conditions, which have persisted well into 2022, put production of these commodities at risk, along with the stability of farms, ranches and local economies reliant on crops, livestock and downstream products and services for income.
The American Farm Bureau Federation wanted to know how farmers in that half of the nation are faring during this drought, and so they conducted a survey.
And what they discovered is extremely alarming. Here is one example…
This year’s drought conditions are taking a harder toll than last year’s, as 37% of farmers said they are plowing through and killing existing crops that won’t reach maturity because of dry conditions.
Do you understand what that is saying?
37 percent of all farmers in the western half of the country are killing their own crops because those crops won’t even reach maturity because of the endless drought.
I was absolutely floored when I first saw that figure.
And that same survey also found that staggering numbers of ranchers in some western states have been selling off their cattle…
Farmers in Texas are being forced to sell off their cattle herds earlier than normal due to extreme drought — as water sources dry out and grass burns up. Farmers in the Lone Star state reported the largest reduction in herd size, down 50%, followed by New Mexico and Oregon at 43% and 41% respectively.
The cattle that are being slaughtered now are helping to stabilize short-term beef prices.
But in the long run we will see a much smaller cattle population and far higher beef prices.
In fact, some beef producers in Oklahoma are warning that “cheap ground beef could eventually top $50 per pound”…
Thanks to the unending economic symptoms of the pandemic and 2022’s inflation double-punch, average beef prices are currently about twice what they were in 2019. Add in the deepening widespread drought, a shortage of hay and feed, skyrocketing prices, transport costs, and various other metrics, some Southwest Oklahoma beef producers suggest cheap ground beef could eventually top $50 per pound.
Could you imagine paying 50 dollars for a pound of ground beef?
Even now, we are being told that U.S. consumers are increasingly switching to chicken…
Inflation-weary shoppers are pulling back on buying pricey steaks and switching to cheaper chicken at the grocery store. Tyson (TSN), the meat processing giant, said Monday that “demand for chicken is extremely strong,” while demand for its higher-priced cuts of beef has softened.
Of course it isn’t just the United States that is moving into unprecedented territory.
We just learned that there will be crop losses in France of up to 35 percent…
France’s fruit and vegetable crops have fallen by nearly 35% due to the extreme drought this summer, Jacques Rouchausse, president of the French national association of vegetable producers, Legumes de France, said on Tuesday. “We have losses on the yields. For the moment, we estimate that these losses are between 25% and 35 percent. We have to stress that if we want food sovereignty, if we want food security, we really have to find ways to continue producing on our territory,” Rouchausse said on air of Radio Franceinfo.
Yesterday, I discussed the fact that there will be crop losses in the UK of up to 50 percent in some cases.
And in Italy, it is being reported that there will be crop losses of up to 80 percent in certain areas.
As global food supplies get tighter and tighter, the wealthy countries will have enough money to import the food that they need.
But what will the poorer countries do?
At this point, tens of millions of Africans are already dealing with severe food shortages…
Drought is gripping the Horn of Africa, leaving some 26 million people facing food shortages in Kenya, Ethiopia and Somalia over the next six months. More than 7 million livestock animals have already been wiped out. Across East Africa as a whole, some 50 million people are facing acute food insecurity.
This is a crisis that isn’t going away.
Not too long ago, UN Secretary General António Guterres openly admitted that it is likely that there will be “multiple famines” in 2023…
In a video message to the meeting, UN chief António Guterres commended the partners for joining forces at what he called “this critical moment”, noting that the number of people who are severely food insecure has doubled in the last two years. “We face a real risk of multiple famines this year. And next year could be even worse. But we can avoid this catastrophe if we act now,” said Mr. Guterres.
Of course this is exactly what I have been saying for years.
Global famine is coming. There is no way to avoid it, and it is going to turn the entire global economy upside down.
When you know that a global famine is coming, the prudent thing to do is to get prepared. So I hope that all of you are taking action while there is still time to do so.
Cheeseburger Mac Soup
All your favorite cheeseburger flavors in this creamy soup topped with chopped dill pickles.
Ingredients
- 1 lb lean (at least 80%) ground beef
- 1/2 cup chopped onion
- 1 clove garlic, finely chopped
- 1/4 teaspoon ground black pepper
- 1 box Hamburger Helper™ cheeseburger macaroni
- 1 can (15 oz) Muir Glen™ organic diced tomatoes, undrained
- 2 cups milk
- 2 cups water
- 3 tablespoons ketchup
- 1 tablespoon yellow mustard
- 2 cups shredded American cheese (8 oz)
- 1/2 cup chopped dill pickles
Steps
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1In 4-quart Dutch oven or saucepan, cook beef, onion, garlic and pepper over medium-high heat 5 to 7 minutes, stirring occasionally, until no longer pink; drain.
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2Stir in sauce mix (from Hamburger Helper™ box), tomatoes, milk, water, ketchup and mustard. Heat to boiling, stirring constantly.
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3Reduce heat. Cover; simmer 10 minutes, stirring occasionally.
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4Stir in uncooked pasta (from Hamburger Helper™ box) and cheese. Cover; cook 15 minutes longer, stirring occasionally or until thoroughly heated. Top with pickles.
Reminder on China’s “White Paper”
China released a “white paper” on the Taiwan reunification issue. It’s comprehensive and explicit. China has explicitly explained – in great detail – what will happen, and how.
- Taiwan will be reunified with China just like HK and Macao have been.
- Taiwan will keep it’s own governance system.
- Taiwan is not permitted to possess political parties that promote separatist movements. They must be disbanded, and then banned.
- Taiwan will have complete access to the great resources of the mainland China.
- Taiwanese citizens get automatic citizenship and all residency documents will automatically be converted to regional “household registers”.
- Taiwan will have significant representation in the Chinese government.
- China will not hurt, harm, or attack any Taiwanese citizen, as they are Chinese citizens, UNLESS they are working in behalf of a foreign government.
- There can be ZERO foreign interference.
- If there is foreign interference, China will go to war against that foreign nation and all forces, and “tricks” at it’s disposal will be used. There will be no restraint.
- Any foreign interference suggesting, funding, supplying or actuating interference in the reunification process is a war-generating “red line”.
- The foreign government will be viewed as the enemy of the reunification process. Not the Taiwanese people.
And much, much more. Of course, it’s not being reported in the Western “news”, but China has made the situation very EXPLICITLY clear.
My video on this issue is HERE
Why are the Chinese not afraid of the police?
Here are two examples, and there are many more alikes if you need.
In Linyi City, east China’s Shandong Province, policeman Zeng Chang was on duty at a local primary school at 8 a.m before class today (Sept. 28). He noticed a schoolgirl standing next to the entrance for a while, seeming helpless. So he went over to see what was bothering the little girl, and found out that she got up late and her mom didn’t have enough time to tie her hair up.
And the girl asked Zeng, “ Uncle Policeman, would you please help tie my hair up?”
Then that’s what we can see in the video: Zeng did it, skillfully, for her. And she then went into the school.
I can only find the video for the story in Chinese for you. “警察叔叔,你能帮我扎一下头发吗?”
Also in the link, there is another similar story, but happened a bit earlier in another province.
In Haining City, east China’s Zhejiang Province on September 19, policeman Shen Ren told fairy tales to a 4-year-old girl, who was unexpectedly locked out of her home.
Shen and his colleagues then contacted the parents and kept her company as she waited. To relieve her stress, Shen read her four storybooks until her parents returned.
And actually, when my son was little and we often told him whenever he met any problems outside without us, the first one to seek for help should be the police.
So, if all parents are willing to trust their kids to the police, do you think we’ll be afraid of them? I think, only those with hidden reasons would be.
Will Catastrophic Crop Losses In 2022 Lead To Unprecedented Shortages In 2023?
Crops are failing all over the globe this summer, but most people don’t even know that this is happening because the big television news channels aren’t talking much about it. Instead, they remain intensely focused on politics day after day. Without a doubt, the political realm is important, but there should also be plenty of time to discuss a raging global crisis which is going to deeply affect all of us. The food that is not being grown this year is not going to be on our plates next year, but the vast majority of the population doesn’t understand this. They see plenty of food in the stores now and they just assume that everything is going to be okay.
Unfortunately, everything is not going to be okay. Over in the UK, a major British news source is warning of “widespread crop failures across England”…
Experts have warned of widespread crop failures across England, as charities and farmers criticised water companies for dithering over hosepipe bans despite drought being declared across much of the country.
So what sort of losses are we talking about?
Well, it is now being projected that losses could reach up to 50 percent for a wide variety of crops…
Half of the potato crop is expected to fail as it cannot be irrigated, and even crops that are usually drought-tolerant, such as maize, have been failing. The group was told “irrigation options are diminishing with reservoirs being emptied fast”, and losses of 10-50% are expected for crops including carrots, onions, sugar beet, apples and hops. Milk production is also down nationally because of a lack of food for cows, and wildfires are putting large areas of farmland at risk.
The British are assuming that they will just get enough food to feed their population from someone else.
But that is what everyone else is assuming too.
As global food supplies get tighter and tighter, the wealthy countries will buy up food at elevated prices, and many poor countries will be left out and will suffer tremendously.
Things are even worse in Italy. As I covered the other day, some farmers in Italy have already lost “up to 80% of their harvest”…
In Italy, farmers in some parts of the country have lost up to 80% of their harvest this year due to severe weather anomalies, the Coldretti farming association said Thursday.
So where will Italy get enough food to feed their population?
Just like the British, the plan to get it from someone else.
But who is the someone else going to be?
Here in the United States, agricultural production is going to be way below expectations because of the endless drought that is plaguing about half the country.
Just yesterday, I wrote an article about how tomato production is being absolutely devastated in the state of California.
It is being reported that tomato paste prices have already increased by up to 80 percent, and we are being warned that if rain doesn’t come soon there simply will not be enough tomatoes to meet demand.
That means that there won’t be enough spaghetti sauce and pizza sauce to go around.
For a lot of my readers, that statement is really going to hit home.
Over in Texas, the cotton crop is going to be bitterly disappointing this year…
US cotton prices continued to surge above the boom days of 2010-11 after a massive crop estimate cut by the USDA, shocking Wall Street analysts and traders, due primarily to a megadrought scorching farmland of Texas, according to Bloomberg. Futures in New York for December delivery were up 4.5% to $1.1359 a pound and up more than 21% this month.
Normally, there would be vast fields of cotton being grown all over the state at this time of the summer.
But this year many of those fields look like barren wastelands…
Last Friday, the USDA’s bigger-than-expected cut to domestic cotton crop stunned many on Wall Street. Crop output plunged to 12.57 million bales, the lowest in a decade. The cut also pushed down the US from the world’s third-largest producer to the world’s fourth. Barbera said the western Texas region (around Lubbock and Lamesa), the epicenter of America’s cotton-growing belt, has “literally nothing” in fields that are just desert sand. He said fields that had drip irrigation were harvestable, but ones that weren’t weren’t salvageable.
So are we going to experience a shortage of cotton in 2023?
If so, that would be really bad news. Cotton is used in thousands of different products.
Without enough water, we cannot grow the things that we need.
I don’t know why this is so hard for people to grasp.
And the truth is that our entire way of life depends on sufficient supplies of fresh water. Right now, there are seven western states that are facing the prospect of emergency water restrictions in the months ahead because the Colorado River is rapidly drying up…
Two months ago, federal officials took the unprecedented step of telling the seven states that depend on Colorado River water to prepare for emergency cuts next year to prevent reservoirs from dropping to dangerously low levels. The states and managers of affected water agencies were told to come up with plans to reduce water use drastically, by 2 million to 4 million acre-feet, by mid-August. After weeks of negotiations, which some participants say have at times grown tense and acrimonious, the parties have yet to reach an agreement.
Nobody wants to give up their water.
In the end, all of those states are going to have to make severe sacrifices. At a minimum, the amount of water being taken from the Colorado River needs to be reduced by 2 million acre-feet, and that is an amount of water that is four times greater than the entire city of Los Angeles uses in an entire year…
The latest round of closed-door talks occurred Thursday in Denver. Participants said they wouldn’t publicly discuss the offers of water reductions made, but they acknowledged those offers have amounted to far less than 2 million acre-feet. For comparison, the total annual water use of Los Angeles is nearly 500,000 acre-feet.
Needless to say, this is going to affect agriculture in a major way.
Farmers and ranchers use a tremendous amount of water, and they are about to be hit with restrictions that will be extraordinarily painful.
Everything that I have discussed in this article is happening in the context of a horrifying global food crisis that is getting worse with each passing month.
But don’t worry, the elite have a plan.
For a long time they have touted the benefits of eating bugs, and now such products are actually on our store shelves…
On Sunday, carnivore diet guru Dr. Shawn Baker tweeted a photo of a bag of cheddar cheese puffs, only instead of being made of corn meal these snack foods were chock-full of insect protein. The snack item from Canadian brand Actually Foods states the puffs are “powered by crickets” to the tune of 10 grams of protein per serving. The ingredients label on the back of the bag indicates “organic cricket flour” was used in the puffs’ production, and an allergy warning on the back of the bag also cautions, “People who are allergic to shellfish may also be allergic to crickets.”
Doesn’t that sound delicious?
Instead of suffering through the nightmarish global famines that are coming, we can all eat “cricket puffs” instead.
Unfortunately, the truth is that they can’t make enough “cricket puffs” to rescue us from the “perfect storm” that has hit global food production.
There simply is not going to be enough food for everyone in 2023, and it will be the poorest countries that will suffer the most.
Lenochka
She was so little and exhausted, that she forgot her last name. She lost a whole family; mother, grandmother, elder brother…
A special group of skinny girls found her – they were going from apartment to apartment during a terrible blockade winter looking for children whose parents had died or were dying…
This is how they discovered Lenochka and could evacuate her. She didn’t remember being carried across the ice with other children in a shaking truck, she didn’t remember getting to the orphanage; she was little. Like a skinny midget with a big head on a thin neck…
And she refused to eat anymore. This is what happens with dystrophy. She was laying in bed or sitting in a chair by the stove. She was getting hot. And she kept her mouth shut. They thought Lenochka would die. Many children died already during the evacuation; severe exhaustion and no strength to live and eat. And to play. And to breathe…
One-legged topper, war veteran uncle Kolja, about twenty years old, unpacked a doll from an old towel. Somehow he cut it, folded it, sewn it and it became an ugly doll. He drew the doll’s eyes and mouth with an indelible pencil. And a crooked nose.
He gave a doll to Lenochka and seriously said:
"You, Lenochka, cradle the doll. And teach her to eat well! You are now a mommy doll. Take good care of her. "
And this Lenochka suddenly grabbed a doll and pressed it together. She began to pet her with thin hands. At dinner, she fed the doll porridge and whispered something loving to her. And in the end, she ate porridge and a piece of bread herself…
And so Lenochka slept with the doll and warmed her by the stove, hugged her, and got upset because of her. Because of an ugly doll made of an old towel with painted eyes …
The girl has survived.
Because she couldn’t die; she had to take care of the doll, you know?
HAVING SOMEONE TO TAKE CARE OF IS A HUGE LIFE FOR SOME PEOPLE.
For people like this girl was. Who later became a nurse and lived a long life. And her hands were always busy.
And she had a heart full of love.
Ukraine Artillery Hits Reactor Cooling System and Nuke Waste Containers
Despite over a week of warnings from Russia that Ukrainian forces were deliberately targeting the Zaporizhzhya Nuclear Power Plant and could cause a disaster, Ukraine continued firing. Today, artillery shells hit the cooling system for a reactor, and hit containers with nuclear waste.
This report is published at 5:08 PM eastern US time. The attack took place about 3 hours ago.
It is not yet known (to me) if there is any reactor trouble or radiation leak from either the reactor cooling system or the nuclear waste storage containers.
One-Pot Philly Cheese Steak Mac and Cheese
The classic Philly cheese steak flavor really hit the mark in this hearty dinner. It’s a one-pot wonder that you only have to travel to your pantry to make!
Ingredients
- 2 tablespoons butter
- 1/2 cup Progresso™ plain panko crispy bread crumbs
- 1 lb extra-lean (at least 90%) ground beef
- 2 cups thinly sliced onions
- 2 medium green bell peppers, cut in thin bite-size strips
- 4 teaspoons Montreal steak grill seasoning
- 4 cups water
- 1 lb uncooked elbow macaroni
- 1 package (16 oz) Kraft™ Velveeta™ cheese, cut into cubes
- 1 cup shredded provolone and mozzarella cheese blend (4 oz)
Steps
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1In 5-quart Dutch oven, melt 1 tablespoon of the butter over medium heat. Add bread crumbs; cook and stir 2 to 5 minutes or until toasted. Transfer to small bowl, and wipe out pan.
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2In same Dutch oven, melt remaining 1 tablespoon butter over medium-high heat. Add beef, onions, bell peppers and grill seasoning; cook 6 to 8 minutes or until beef is cooked through and onions are tender. Pour mixture into large bowl; cover with foil to keep warm.
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3Stir water and macaroni into Dutch oven; heat to boiling over high heat. Reduce heat to medium; cook 4 to 6 minutes, stirring frequently, until macaroni is cooked through. Do not drain.
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4Stir beef mixture into macaroni mixture; cook and stir 1 minute to heat through. Remove from heat; stir in cheese cubes until melted. Top with shredded cheese blend. Cover and let stand 3 to 5 minutes or until cheese melts. Top with toasted bread crumbs.
A “Housing Recession” Is Here, And It Isn’t Going To Be Fun…
Our concerns about the housing market have been confirmed. This week, the corporate news is full of headlines about the new “housing recession” that has officially arrived, but this shouldn’t surprise any of us. We were warned over and over again that if the Federal Reserve aggressively hiked interest rates that it would absolutely crush the housing market. In so many ways, what we are currently witnessing seems so similar to 2008. After a period of very rapid growth, home prices all over the nation are starting to fall. Meanwhile, much higher mortgage rates are pushing millions of potential homebuyers out of the market and home builders are starting to panic. If nothing is done, it won’t be too long before large numbers of Americans are once again underwater on their mortgages and this crisis starts to reverberate on Wall Street.
On Monday, we received some news that was extremely troubling…
The National Association of Home Builders/Wells Fargo Housing Market Index, which measures the pulse of the single-family housing market, fell for the eighth consecutive month to 49, marking the worst stretch for the housing market since the 2008 financial crisis.
8 months in a row.
Needless to say, that is clearly a trend.
And if you want to thank someone for this, you can thank officials at the Federal Reserve, because they have pushed us into yet another “housing recession”…
“Tighter monetary policy from the Federal Reserve and persistently elevated construction costs have brought on a housing recession,” NAHB chief economist Robert Dietz said.
The only way out of this mess is lower interest rates.
But Fed officials aren’t going to reduce rates.
Instead, they are going to keep hiking them, and that means much more doom and gloom for the housing market in the months ahead.
Looking more deeply at the numbers that were just released, I am particularly alarmed by what has happened to buyer traffic…
Of the index’s three components, current sales conditions dropped 7 points to 57, sales expectations in the next six months fell 2 points to 47 and buyer traffic fell 5 points to 32. Despite higher costs for land, labor and materials, about 1 in 5 builders in August reported lowering prices in the past month in an effort to increase sales or limit cancellations. The average drop reported was 5%.
A very low level of buyer traffic indicates that sales will be depressingly low during the weeks and months to come.
So if you are trying to sell a house right now, that is really bad news.
And for homebuilders the outlook is downright apocalyptic.
Those that build homes have to make plans far in advance. If they guess right, they can be rewarded handsomely. But if they guess wrong, the pain can be immense.
Unfortunately, homebuilders are being hit by a double whammy right now. Input costs have been going higher and higher, and meanwhile home prices overall are about to steadily fall all over the nation thanks to much higher mortgage rates.
If you can believe it, 30 year rates have almost doubled over the past 12 months…
The average rate for a 30-year fixed rate mortgage climbed to 5.22% for the week ending Aug. 11, according to recent data from mortgage lender Freddie Mac. That is significantly higher than just one year ago when rates stood at 2.86%.
We really need mortgage rates to start coming back down.
But thanks to the Fed they are just going to keep going up.
Buying a home in the United States has never been more unaffordable than it is right now, and it is only going to get worse as we head toward 2023.
Many Americans that would like to buy a home are currently choosing to rent instead, but rent prices are also becoming less affordable.
As I discussed yesterday, the median monthly rent in the United States has now risen above $2,000 a month for the very first time.
I was stunned when I first read that.
I can still remember renting a nice apartment for $300 a month many years ago.
There is no way that rents should be as high as they are now.
The greed that we are seeing in the industry has gotten completely out of hand. According to one recent survey, almost 60 percent of all renters have had their rent payments increased over the past year…
If you are feeling the pinch of higher rents, you’re not alone. Nearly 60% of renters saw a rent increase during the past year, while just 38% said they saw their income increase, according to a study from Freddie Mac. And renters were less likely than all employed respondents to have gotten a raise. As a result, nearly 1 in 5 who experienced a rent increase said they are now “extremely likely” to miss a payment.
This is going to end quite badly.
As the U.S. economy slows down, millions of people will ultimately lose their jobs.
And a lot of those people that are no longer working will eventually lose their homes.
Do you remember the tremendous suffering that we witnessed during 2008 and 2009? Well, as I have been persistently warning, we are going to see it happen again.
Whenever the housing market crashes, there are countless people that have their lives turned upside down as a result.
So much of the pain that is coming could have been avoided if our leaders had made much different decisions.
But that didn’t happen, and so now a “housing recession” is here.
And it isn’t going to be fun at all.
What do poor people in China eat?
From Quora. Worthy of a post. -MM
A few days ago, I was surfing the Internet and there is a video that caught my eyes. It is a video that uploaded in bilibilli and named Take a look at a restaurant for poor people living in Shenzhen.
And then I found that people filmed this type of video a lot on this website. I checked out a few videos. These videos are all in Chinese. So, here, I’ll show you guys what do poor people in China eat in my words with some screenshots from those videos.
This video producer chooses the cheapest restaurant on a Dianping app (similar to YELP). That is a Henan province noodle restaurant.
Apart from this, another vlogger also explored a very cheap cafeteria in Shenzhen, merely priced 15 RMB per person. The following pictures are some dishes in this buffet. To be honest, it is not too much to ask for three times as much(said by the producer).
Isn’t it unbelievable?! It’s only 15 yuan for this much food.
However, that is not cheap enough. Have you ever had noodles for 3 yuan a bowl? In Shenzhen, there is a place that people do daily-wage jobs and the restaurants here sell noodles for only 3 yuan.
The definition of poor people in this answer may differ from the typical concept. These people have jobs in a metropolis city but depending on selling off their physical power for a low pay, maybe 100 yuan a day.
Fortunately, they can enjoy the food at a vey low cost in China.
And FYI, if you are interested in what do Chinese people eat for breakfast, you can watch this video.
Here is the link:
People Are Going To Go Absolutely Insane When Food Prices Double Or Triple From Current Levels
If you think that people are getting pretty crazy now, just wait until the cost of food skyrockets to levels that hardly anyone ever anticipated. Most people don’t realize this, but to a very large degree we are still eating the food that was grown in 2021. Unfortunately for all of us, far less food is being grown in 2022 than originally projected, and that is going to cause immense global stress in 2023. Nightmarish droughts are absolutely devastating crops in the United States and Europe, the major war that is happening on the other side of the globe is greatly restricting the flow of agricultural goods from Ukraine, and the fact that some fertilizers have now more than quadrupled in price is deeply affecting farmers all over the planet. In 2023, there is going to be a lot less food to go around, and we are all going to pay a lot more for it. Needless to say, this is not good news.
Of course the cost of living has already gotten completely out of control. According to Zero Hedge, the median rent in the United States has now surpassed $2,000 a month for the very first time…
The cost of rent in the U.S. is moving higher at the highest pace in three decades, the report notes, blowing past a median of $2,000 per month for the first time ever. Rents are now above where they were prior to the pandemic in most major cities. Areas just outside cities, which saw a large influx of new renters during the pandemic, have seen their rents rise disproportionately higher. People returning to large cities, post-pandemic, have also not helped prices cool off.
Who can afford to pay $2,000 a month for rent?
According to the Social Security Administration, the median yearly income for U.S. workers in 2020 was just $34,612.04.
No wonder most families need to have more than one income just to survive these days.
This is what I mean when I say that our standard of living is being systematically destroyed.
Many people have to work as hard as they possibly can just to pay the bills each month.
Yes, the top 10 percent are still doing well, but the vast majority of the country is really struggling.
And that is why the soaring price of food is such a big deal right now. The latest numbers that we just got from the government tell us that the cost of “food at home” has been rising at the fastest rate since 1979…
The food-at-home index, which represents food purchased in places like grocery stores for consumption at home, jumped by an annual 13.1 percent, which is the fastest pace since March 1979. “Consumers are getting a break at the gas pump, but not at the grocery store,” Bankrate Chief Financial Analyst Greg McBride told The Epoch Times in an emailed statement. “Food prices, and especially costs for food at home, continue to soar, rising at the fastest pace in more than 43 years.”
But the truth is that we haven’t seen anything yet.
What we see at the grocery store right now is largely a reflection of what happened last year.
Let me give you an example that illustrates what I am talking about.
In the last few days, the mainstream media has been buzzing about the fact that there is now a potato shortage in Idaho. But what most people don’t realize is that this shortage was caused by a tremendous heat wave that happened last summer…
Idaho has a potato shortage. If you haven’t heard about it already or noticed fewer and fewer potatoes in your grocery store’s produce section, you will soon. So, what’s the problem? The weather. Not this year’s weather, mind you. It’s the weather from over a year ago that’s to blame. “I’m not sure if you remember last June, but we had some just unbelievably hot temperatures here in Idaho. It did a number on our potato crop,” said Jamey Higham, president and CEO of the Idaho Potato Commission. “And so, our yields were significantly down last year.”
So did you catch that?
A bad harvest in 2021 is now being felt in the latter stages of 2022.
Looking ahead, what our farmers are experiencing right now will be felt very keenly in 2023.
For example, it is being reported that the price of some fertilizers has now more than quadrupled…
“Last year [fertilizer] was around $270 per ton and now it’s over $1,400 per ton,” Meagan Kaiser, of Kaiser Family Farms and farmer-director of the United Soybean Board, told NBC’s “Nightly News with Lester Holt.” “It’s scary. It turns my stomach a little bit to think about the amount of risk that our family farm is taking right now.” Farmers are finding themselves forced to pass some of those costs along to customers, resulting in higher grocery prices.
When those cost increases get passed along to us in 2023, a lot of people are going to be screaming bloody murder.
But at least we will have food to eat. On the other side of the globe, there simply will not be enough food for everyone.
For years, I have been trying to explain that global famines would inevitably be coming, but I still don’t think that it is sinking in for many people out there.
And of course famine is just one of the elements of “the perfect storm” that we are now facing. Recently, Egon von Greyerz listed some of the other major elements…
- Debts at levels that can never be repaid – sovereign, corporate & private
- Epic global bubbles in stocks, bonds & property – all about to collapse
- Major geopolitical conflicts with no desire for peace – major wars likely
- Energy imbalances and shortages, most self inflicted
- Food shortages leading to major famine and civil unrest
- Inflation, leading to hyperinflation & global poverty
We have got a giant mess on our hands.
And conditions are going to get worse and worse and worse in the months ahead.
As things deteriorate, a lot of people out there are going to go completely nuts.
In fact, a lot of people are already going completely nuts. Let me give you an example that just happened…
An unidentified man reportedly set his car on fire by driving into a U.S. Capitol barricade early Sunday morning. He then got out of his car and began firing a weapon indiscriminately before shooting himself, police say. U.S. Capitol police say officers immediately responded when they heard the sound of gunfire at roughly 4 a.m. There were no reported injuries aside from the driver.
The only reason you would do something like that is if you have lost all hope.
And in the months and years ahead, much of the general population will lose all hope.
Let us endeavor to be beacons of hope, because hope will be greatly needed during the times that are in front of us.
The biggest regret of a cat owner
My biggest regret as a cat owner is that I used to board my cat with one of those “cat hotels” in a big chain store.
When I first got Jonesy, I was traveling a LOT.
At the time, I thought cats are independent animals, and they can live happily without their owners around all the time.
So when I was out on business trips, I left Jonesy with “cat hotel”. Until one time, when the clerk told me that they were unable to get Jonesy out of his “cottage”, and they led me back to the so-called “hotel”.
It’s not a fucking hotel. It’s not even a motel. It’s the fucking shelter cages!
When Jonesy recognize me, he grabbed me, with all his little claws. And I was heartbroken.
Jonesy was a shelter cat when I adopted him.
And all those times I traveled, he must have thought I abandoned him and he’s back to the shelter.
I never board my cats with those fucking chain stores again.
Now when I travel, I hire a sitter. She’s super nice. She came to my place once a day, clean the litter box, replenish the food and water.
I still feel horrible for doing that to Jonesy the poor boy.
Please don’t board your cats with those big chain stores. Find a sitter, or find a reliable family-owned cat foster place.
Friendship
This is maybe not your usual friendship. I was 22 years old, and that man was 65 years old. He was my real friend, the best friend I ever had and I took him for granted.
To avoid any doubt, no, there never been any sexual activity involved. (If you have doubt in your mind, please be considerate enough not to leave rude comments, we are talking about a person who has passed away)
We met online when I was looking for a job, he hired me as his marketing manager for his business. I worked for him for 2 years but unfortunately the business didn’t take off, but the friendship remained.
He took me under his wing, he taught me about life, I accepted my bipolar outbreak every now and then. He supported my dreams, helped me financially, and was always there for me. He was my safety net. I moved to his place to save money as I wasn’t able to afford rent, I’ve been his roommate for 7 years.
Last year he fell off his motorbike and needed operation, he went home to UK and after a few months, he still needed some help. While he was waiting for his recovery, he caught Covid-19. A month after, he passed away in his sleep.
I called him and video chatted with him while he was in Covid ward. Everyday I checked up on him. Due to time difference, I called 3 times a day – when I woke up, when he was alert and before I went to sleep. I could only speak with him once a day but I called the nurses just to get an update.
I told him that I didn’t want to live in a world where he’s not in it. He said he knew and he will be okay. Every single day I checked up on him as I was the only person who ever called him. Never once did he say his goodbye and I didn’t want to say goodbye to him.
I promised him that I would call, but on 6 May 2020, the hospital was busy. I called the hospital 3 times a day, every day, to check up on him. They said that they will call me the next day. 2 hours later, they did call me and informed me how sorry they were that my granddad passed away in his sleep.
This picture was taken 8 years ago, a few weeks after we met. And I don’t have any other pictures of us together. I thought we had time.
You can’t choose your family, but this is the only family that I ever chose. Who thought a 22 years old Indonesian can be a best friend with a 65 years old British man?
RIP, Grandpa.
I miss you every single day, you took a huge part of me when you died.
Nigel
Three Kittens
My wife passed away last summer (not from Covid), right after things had pretty much been locked down.
We had been married over 40 years, during which we had a dog, and then two cats. The last cat died several years ago. My wife never wanted to get another, because she was afraid the cat would outlive us.
During her last couple of months, when she knew she didn’t have much time left, I let her know that after she was gone I wanted to adopt a kitten to keep me company. Actually two, so they could keep themselves company when I was working. (Even though I am 74, I still work full-time and have no plans on retiring.) She was okay with that.
So a few days after my wife passed, a friend took me to a pet adoption center. Since we had only had black and white (“tuxedo”) cats before, I was planning on getting something different. But there were three black kittens (one with white paws) in a cage who got our eye, and they were put in a small room for us to play with. They were about ten weeks old.
I immediately knew these were the ones. I couldn’t leave one behind, so I adopted all three. Two brothers and a sister.
Here they are, just after I brought them home:
Here they are again, five months later. This how I wake up in the morning now.
They just had their one-year birthday a couple of weeks ago. I am so glad I have them to keep me company. I never realized three kitties from the same litter could grow up to have completely different personalities.
I’ve been working from home for over a year now, and will probably continue doing so for a while longer. If I do starting going back into work, I’ll know they’ll look after each other during the day, and I’ll look forward to coming home to them in the evening.
Kaymakli Underground City
The year is 1963, a Turkish man is renovating his basement when he finds a strange old stone wall, which he promptly breaks through.
What he found was a large pitch-black dank space, a cold void behind the wall. Armed with a torch, our intrepid home renovator crawled through the hole and found a series of barrel roofed rooms, that had been carved from the volcanic bedrock.
Those first mysterious rooms turned out to be just a small section of what was actually an ancient labyrinth of living spaces, communal areas and tunnel networks, comprising 13 levels the deepest being 85 metres underground. This ancient place was large enough to house 20,000 people, a massive forgotten underground city.
Complete with multiple wells fed from an almost unlimited source of water having vast aquifers aka subterranean lakes, directly beneath the city.
Having explored the nearest rooms and tunnels, our renovator eventually reached a narrow passageway blocked by a huge circular stone, similar to a giant millstone, only this one seemed to have been intentionally rolled into place to block further progress into the subterranean city.
Imagine setting out to renovate your basement, perhaps intending to create your own Man Cave, but instead, you discover an ancient underground city, right beneath your house.
This is just one of several ancient underground cities that have since been discovered in this region, Kaymakli Underground City being another fantastic example, Derinkuyu and Kaymakli are linked by a well-built tunnel, many miles long.
While no exact age has been established, these large underground cities are thought to have been first built at least 2,800 years ago. But potentially the first caves in the soft volcanic bedrock could have been inhabited far earlier.
What is certain, is that for more than a thousand years various cultures lived in these underground cities, including early Indo-Europeans, then Greek-speaking people, then the Romans interacted with these underground civilisations, then early Christians sheltered here, they expanded the city and built underground churches, chapels and even schools.
Later during the age of the Byzantine Empire, these two cities were linked together by miles of tunnels and became a thriving hidden society, a safe haven for many thousands when the Muslim Arabs raided, and later when Mongol and Steppe tribes pillaged these regions, they likely had no idea that thriving cities with vast populations were directly beneath the hooves of their steeds.
While some of these strange ancient cities built beneath the earth continued to be used until the 14th century, they were all abandoned and forgotten in the following centuries. Yet some of these cities show evidence of being briefly used since then, by Jewish and Christian groups as sanctuaries during times of horrific persecution, as recently as two hundred years ago.
How to lose with dignity.
This is Ray Reardon.
He’s a former professional snooker player who pretty much dominated the game in the 1970s when he won the World Championship six times.
He didn’t win all the time of course particularly in his later years when his form started to fail and younger players came along.
The point is whatever the result of the match he always had a huge smile on his face. When he lost and his opponent had potted the final ball, he’d get out of his seat immediately and go over to his opponent with a wide smile on his face to shake his hand, congratulate him warmly and put his arm around his shoulders as they left the auditorium together.
I once saw him interviewed when he was asked why he had such a big smile on his face even when he’d lost. The interviewer actually said to him…
“Don’t you mind losing?” (not a great question to ask a professional sports person!).
His response was…
“Actually I hate losing more than you would know. The point is I love this sport and I see it as part of my role to promote the game and show it in a good light whenever I can. And I can't do that with an angry, upset look on my face. Snooker is bigger and more important than I am!”
Now that, ladies and gentlemen, is how to lose with dignity.
My sweet Itty bitty.
This beautiful girl is Itty bitty.
Itty bitty found me in a dope house. She was almost 3 weeks old, eyes swelled shut with infection, so starved she had no muscle left on her at all. Someone had hurt her throat so she couldn’t even meow. She broke my heart. I thought I was bringing her home to die because she was so far gone.
She held onto my shirt the whole ride home.
I was determined to at least give her a full belly and a warm place with lots of love the time she had left.
She’s a fighter though and here she is today.
My sweet Itty bitty.
Russia warns of ‘direct military clash’ with US
Washington’s behavior on the world stage risks direct conflict between the nuclear states, the Russian embassy in the US has warned.
“Today, the United States continues to act with no regard to other countries’ security and interests, which contributes to an increase in nuclear risks,” the embassy said in a statement on its Telegram channel.
“The [US’] steps to further engage in a hybrid confrontation with Russia in the context of the Ukrainian crisis are fraught with unpredictable escalation and a direct military clash of nuclear powers.”
The embassy noted that Washington has recently withdrawn from two key arms control agreements, the 1987 Intermediate Range Nuclear Forces Treaty, which banned certain classes of land-based missiles, and the 1992 Treaty on Open Skies, which allowed for surveillance flights over each other’s territories.
The embassy urged the US to “take a closer look at its own nuclear policy instead of making unfounded accusations against the countries whose worldviews do not coincide with the American ones.”
“Our country faithfully fulfills its obligations as a nuclear-weapon state and makes every effort to reduce nuclear risks,” the diplomats said.
The statement comes after the US accused Moscow of using the Zaporozhye nuclear power plant in southern Ukraine as cover for its soldiers. The plant, the largest in Europe, was seized by Russian troops during the early stages of Moscow’s military operation in Ukraine, which was launched in late February. It continues to operate with Ukrainian personnel under Russian control.
US Secretary of State Antony Blinken called Russia’s action at the facility “the height of irresponsibility.” Russia and Ukraine, meanwhile, have been accusing each other of shelling the plant. According to Moscow, artillery fire by Ukrainians forces caused several fires and partial power outages this month.
Russia initiated a UN Security Council meeting last week regarding the situation around the Zaporozhye power plant. Russian envoy Vassily Nebenzia said that Moscow supports the International Atomic Energy Agency (IAEA) to inspect the facility as quickly as possible.
Finland: Everyman’s rights.
There are some in other countries, but ours are quite extensive. You can fish, pick berries/mushrooms/etc., even hunt and stay overnight no matter who owns the land. This is all free (you are being scammed if someone asks you money for this alone).You just need to be very careful not to do any harm to the nature and its animals! Pick up your thrash and do not cause any ruckus during your stay.
These rights are based on the belief that everyone should be able to enjoy nature and that it really doesn’t “belong” solely to anyone.
A pickled-onion picker-upperer
It was in a Cats’ Protection League shop in Portobello, staffed by three elderly, very refined Edinburgh ladies. The conversation wen t like this:
Me: “How much do you want for the pickled-onion picker-upperer?” They: “Oh, is *that* what it is? We were wondering.” Me: “Yes, it’s a pickled-onion picker-upperer.”
At that point, one of these very nice, refined old ladies picked the thing up and flexed the claw thoughtfully. “Or”, she said, “you could use it for pinching men’s bottoms in pubs.”
Deluxe Pizza Goulash
Love pizza? Trade the crust for noodles in this easy family-pleasing skillet dinner with everything in it—pepperoni, ground beef, mozzarella and more.
Ingredients
- 2 cups uncooked elbow macaroni (8 oz)
- 1/2 lb lean (at least 80%) ground beef
- 1 small onion, chopped (1/4 cup)
- 1 package (3.5 oz) sliced pepperoni
- 1 jar (4.5 oz) sliced mushrooms, drained
- 2 cans (15 oz each) pizza sauce
- 1 cup shredded mozzarella cheese (4 oz)
Steps
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1Cook and drain macaroni as directed on package.
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2Meanwhile, in 12-inch skillet, cook beef and onion over medium-high heat 5 to 7 minutes, stirring frequently, until beef is brown; drain. Stir in macaroni, pepperoni, mushrooms and pizza sauce.
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3Cover and cook over medium heat 8 to 10 minutes, stirring occasionally, until hot. Remove from heat. Sprinkle with cheese. Cover and let stand 2 to 3 minutes or until cheese is melted.
A Rufus Kitty-cat
There is a feral cat that lives in an abandoned home next to me. I feed him everyday which is easy to do as he’s usually alone. One day out of nowhere he pops up with a pretty white and gray cat. Unlike him, she was super friendly and loved being held and pet. I think he brought her so that I can help him save her from the streets as she was more than likely abandoned by her family. I ended up finding her a home.
Him, he won’t let me touch him, but he’s met another girlfriend and he brings her over a lot.
She’s the one eating. She hisses at me a lot, so it’s hard to pet her!
He’s a good boy
1. The best friends I have ever had in my life were much older than me and did not share the same occupation as me. The dogma that states you should only have friends within your age group is inherently wrong, even if many people here in the West would find it “creepy”. One of my closest friends if a gay man that’s decades older than me,and I, a straight man who met him at 20, shared and confided far more to him than I have, my own family.
Whereas with the people in my age group/hobby group, I barely associate with them and do not feel any “true” connection with them.
2. Police in the East is far more humane than those in the West, the latter of whom are addicted to power and tend to abuse their power as part of the hegemonic, exploitative system that controls them. The officers in the US do not serve anyone but themselves, and more often than not protect the interest of people that should be prosecuted instead. A huge number of people just do not feel safe around these officers, a far cry from the ones in China who do genuinely serve and protect the people.