AuthorTopic: The Doom Loop  (Read 2830 times)

Offline Surly1

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Re: The Doom Loop
« Reply #60 on: October 21, 2018, 02:57:01 AM »
OK. Here we go fellows.
If You want something to worry about, This is it.
https://www.businessinsider.com.au/leveraged-loans-cov-lite-central-banks-2018-10

"‘If you want to worry about something … this is it’: Central banks and investors are sounding the alarm on a corner of the debt market that's suddenly over $US1 trillion in size"

And:
“When you have no covenants, I can take cash and distribute it all out. I can sell the assets of the company and you as a debt holder are holding the bag.”

What could possible go wrong?

When this happens in the US, we socialize the losses and make the proles many for the casino losses. Or fraud, if you prefer.
"It is difficult to write a paradiso when all the superficial indications are that you ought to write an apocalypse." -Ezra Pound

Offline Eddie

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Re: The Doom Loop
« Reply #61 on: October 21, 2018, 10:28:08 AM »
I get emails from those vampires every day. No experienced legitimate businessman would borrow money at 20% when prime is 5.25%. They prey on those who are shut out of the conventional lending process. The young, the hopeful, the ones who think they're going to make so much money they can pay back anything.  The ones who haven't spent years struggling to pay off a note.
What makes the desert beautiful is that somewhere it hides a well.

Offline cernunnos5

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Re: The Doom Loop
« Reply #62 on: October 21, 2018, 07:20:25 PM »
EXTRA! EXTRA! Read all about it!

maybe not so much.... but my next one is up.

Make Canada Great Briton Again
https://darkgreenmountainsurvivalresearchcentre.wordpress.com/2018/10/22/make-canada-great-briton-again/

Does this count as cana'duh election interference?   

Offline Eddie

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Re: The Doom Loop
« Reply #63 on: October 22, 2018, 07:45:15 AM »
E. Roy Who? LOL.

Nice work as usual. Nice veggies, too. When things dry up, I'm going to plow the pig pen and plant something for a winter garden.
What makes the desert beautiful is that somewhere it hides a well.

Offline cernunnos5

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Re: The Doom Loop
« Reply #64 on: October 22, 2018, 11:24:54 AM »
E. Roy Who? LOL.

Nice work as usual. Nice veggies, too. When things dry up, I'm going to plow the pig pen and plant something for a winter garden.
Oh good. Its not just me. There is just something about EROEI that is a tong twister. Each time i verbally say ER...and then my mind goes blank...M..O..U.S.E.

Also, your pig compost may still be to "Hot" at this point. You may have to wait for it to compost more or amend it with a bit of wood ash. If plants seem stunted or burned, you know whats happening. We certainly over fertilized a few things this year.

Offline Eddie

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Re: The Doom Loop
« Reply #65 on: October 22, 2018, 11:37:30 AM »
No need for wood ash here. The limestone makes the soil here so permanently alkaline that it can't be truly amended, even. But I do understand the need to let the manure compost. I'll probably plow it under and wait a year to plant there.

My garden at the main rez is all raised beds, which is what most people do here. But I want to start planting big plots as an exercise, because the square foot guys exaggerate (imho) about how great that system is. I still see a need for row crop gardens. Permies mostly aren't good enough to live off their food forests either, imho.

The best thing about raised beds here is that it lets you start with pre-fab soil and get the right pH, more or less. For that reason I actually bought a dump trailer, and I buy bulk soil. All my raised beds are started with soil that has the best amendments. I use this, and add compost every season.

http://www.ladybugbrand.com/our-products/soils/rose-magic/

I use pond liner to keep the limestone OUT now, after some experimentation....and it holds the water. I built a wicking bed to fool around that tech, but here it seems like the fancy drainage part is not needed, the soil dries up so fast. I use wood and cardboard for a water retaining layer on most of 'em now. Real wicking beds are very elegant, but I'm not sure you really need a big gravel filled reservoir, and it's expensive unless I use my free limestone gravel, which sort of defeats the whole purpose.

Ultimately the heat is the biggest enemy hereabouts. We have a winter season from December to  March, and a spring season from March until sometime in May. Summers are too damn hot to grow most veggies. I should get more involved in my experiments with passive cooling in the greenhouse and aquaculture, but I haven't gotten that far. I'm not as focused as you are.
« Last Edit: October 22, 2018, 01:52:04 PM by Eddie »
What makes the desert beautiful is that somewhere it hides a well.

Offline Surly1

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Re: The Doom Loop
« Reply #66 on: October 23, 2018, 08:37:17 AM »
EXTRA! EXTRA! Read all about it!

maybe not so much.... but my next one is up.

Make Canada Great Briton Again
https://darkgreenmountainsurvivalresearchcentre.wordpress.com/2018/10/22/make-canada-great-briton-again/

Does this count as cana'duh election interference?

Just catching up with this. Well done, as usual. found this of particular note, since it fits in so well with the decor here:

"The failing dams, falling bridges, potholed highways, undrinkable civic water and crumbling social cohesion... For just about the full length of my lifetime the Western world has only continued to grow by accounting fraud. It was subtle at first. It’s less than subtle now. Now the pitchforky populi are rather miffed at the diminishing returns of their lives and they voted for the exact guy I figured they would. They always vote for a guy like that in times like these. Well, Caesar can’t save you now.”

No shit.

Also got a kick out of this harvest bounty:



Fuck you, big box grocery store and oil industry. Fuck you banking cartel and chemical industry. Fuck you, you fucking fucks.

Makes me feel like the next generation is in good hands.
"It is difficult to write a paradiso when all the superficial indications are that you ought to write an apocalypse." -Ezra Pound

 

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