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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, May 22, 2023

AI Will First KILL Us then Save Us / Politics / AI

By: HGR

The world is in the grips of AI mania courtesy of Chat GPT that brought the power of large language models to the masses, that had been quietly flying under the radar for several years, but come release of GPT3 everything literally changed overnight. sending stacks such as Nvidia soaring to bubble territory. The unfolding explosion is amazing to someone who has been engaged in machine learning for over a decade, and AI explosion IS literally taking place right now that is the focus of my latest machine intelligence video that sheds light on where all of this is headed given the rate of change now underway.

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Politics

Monday, May 22, 2023

One Possible Outcome to a New World Order / Politics / New World Order

By: Raymond_Matison

Our recent domestic financial fixed income markets have been bludgeoned by Federal Reserve’s raising interest rates, supposedly in order to reign in accelerated inflation – which can be argued to be the result of the FED’s own preceding policies of currency expansion induced by increasing government debt.  Our equities and fixed income markets are highly volatile as perceptions tilt between inflation induced melt-up and increased interest rate and choked-off credit extension induced melt-down. 

In the meantime, higher interest rates have reduced the market value of government and other bonds, thereby deflating commercial bank reserve assets, causing alarming bank runs and failures with profound reductions in the market value of most bank stocks.  In addition, our banking system and domestic economy is further threatened by the increasing cost of interest rates in servicing our gargantuan national debt, a commercial property mortgage loan fiasco, and residential mortgage loan defaults.  These dangerous conditions are not ours alone, but are global because our dollar has been and still is the majority currency of global trade and finance.  To the extent that many international banks hold a large proportion of their banking reserves in dollars, a big reduction in the value of our dollar will force a change in acceptable reserves and guarantee the destruction of the global banking system.  As a result, the global trade and economy, and financial system is at risk to markedly decline, even collapse, and then to evolve to a more decentralized multiple currency system that may include blockchains and various virtual currencies. 

Carmen Reinhart and Kenneth Rogoff in their classic book “This Time is Different” published in 2009, analyzed financial crisis of governments over eight centuries. They observed that “problematic political systems make external borrowing a tempting device for governments to employ to avoid hard decisions about spending and taxing.” They conclude (page 21) that “The duress typically involves a vicious cycle of loss in market confidence, spiraling interest rates on external government debt, and political resistance to repaying foreign creditors. Ultimately, default often occurs at levels of debt well below the 60 percent ratio of debt to GDP enshrined in Europe’s Maastricht treaty, a clause intended to protect the euro system from government defaults.”  European Union’s debt to GDP now exceeds 90%, while that of the United States is at 120% - how do both comport in confidence and stability in our global financial and monetary system relative to the Reinhart and Rogoff eight centuries of guidelines?  How should Moody’s and Standard & Poor’s rate U.S. and Euro debt for investment quality?  Do you see how financial markets could crash, dollar’s value collapse, and a global crisis ensue?

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Politics

Monday, May 15, 2023

Humanity Dancing to Extinction as AI Mega-trend Goes Parabolic With GPT LLM's / Politics / AI

By: Nadeem_Walayat

Musk says halt work on Large Language models, primarily so he can play and catch up to the runaway train sparked by the GPT Large Language Models that this video acts to chart where we are heading along on a Machine Intelligence curve that is now going parabolic as illustrated by the fact that even those who have been part of this trend for over a decade can no longer keep pace with the rate of change so what hope do ordinary folks have hence this video will act to shine a light much as my 2016 video did that laid the grounds for the Quantum AI Mega-trend so see this video as Part 2 of a 7 year arc.

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Politics

Wednesday, April 12, 2023

Beware the TikTok Trojan Horse / Politics / Social Media

By: Stephen_McBride

The truth behind the TikTok hearing… Your vacuum cleaner could be spying on you… Two words that make every American a suspect… This is what concerns me the most...

1.As you read this, politicians on both sides of Capitol Hill are trying to take away your freedoms.

I wish that was an exaggeration… but it’s not.

A new bipartisan law was recently introduced to Congress. If passed, you can wave goodbye to your right to privacy in your own home.

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Politics

Sunday, February 26, 2023

UK Tomatoes, Cucumbers and Eggs Panic Buying - Food Crisis 2023 / Politics / Food Crisis

By: N_Walayat

Mover over bog roll the new panic buying is for Tomatoes and Cucumbers due to shortage of produce as the European Union limits supplies to Britain as another punishment for voting for Brexit. The UK should do similar by refusing to sell British Gas to the EU but weak and feeble Rishi Sunak won't do that! So here we are once more panic buying perishable foods as supermarkets limit sale of Eggs, Cucumbers and Tomatoes. However there are solutions - Grow Your Own!

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Politics

Saturday, February 04, 2023

NHS GP's Forcing Patients to go Private - UK Healthcare Crisis 2023 - Delisting, Deducted / Politics / NHS

By: N_Walayat

Virtually every patient knows how difficult is is to get an appointment with their GP as patients as they tend to get kit by the brick wall that are the reception staff whose primary function is to STOP patients from getting an appointment unless they try several times. However not everyone is going to phone day after day requesting to be seen by their GP with many, especially men giving up. And so guess what happens next? The patient gets a letter from the same said reception staff informing them that they are being deleted, no deducted from the practice list because the patient has not seen their GP for the last few years. Seriously you cannot make this shit up! Prevented from seeing one's GP, where to be frank the 60 second consultations did not amount to much anyway, and then the patient giving up is informed they are being 'deducted' from the practice list because they have not seen their GP over the past couple of years. The NHS is a FAKE health service, where patients have no choice but to either go private or rely on Google for diagnoses and self treatment.

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Politics

Wednesday, January 11, 2023

Canadian Military Unprepared for Russia Arctic WAR / Politics / Canada

By: Richard_Mills

“The world is getting more dangerous every day and we need to be ready for it,” General Wayne Eyre, Canada’s Chief of the Defence Staff told a House of Commons committee in October.

Canada’s top soldier was, of course, referring to the war in Ukraine, which has caused a re-think among NATO about the vulnerability of member countries, especially those bordering Russia.

There’s also the ongoing tensions between the Chinese and US navies over the South China Sea; a possible invasion of Taiwan, a United States ally that China considers a renegade Chinese province which must be re-united with the Motherland; an increasingly belligerent Iran, which has still not taken responsibility for shooting down a Ukrainian airliner three years ago, killing all 176 on board including 138 with ties to Canada; Taliban-controlled Afghanistan and its denial of basic human rights; and Arctic sovereignty in the era of disappearing polar ice — a matter of pressing concern to Canada, one of eight Arctic nations.

Gen. Eyre told the committee the West was “already at war with China and Russia” and that the two global powers were out to remake the world in their own image.

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Politics

Saturday, December 24, 2022

Santa's Grotto UK Cost of Living Crisis Christmas 2022 - 60% INFLATION! / Politics / Social Issues

By: Eliza_Walayat

Nurses, postmen, railwaymen and many others are striking for higher pay due to the raging cost of living crisis as workers pay do not match the prices in the shop, FAKE inflation indices of 10% when real inflation is 20%! Even Santa has hiked his Grotto price by 60%! Making Christmas that bit more painful for many families - BAD SANTA!

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Politics

Thursday, November 24, 2022

COVID Is Still KILLING! - UK High Excess Deaths / Politics / Coronavirus 2022

By: Nadeem_Walayat

There is silence in the MSM and that silence concerns the continuing high number of Excess deaths still taking place which is running at about 12% above the 5 year average, and not just in the UK but right across the world, for instance for Australia it is even higher at +17%. It's as though just like what QE did for the economy, it appears that the vaccines have done for the pandemic by kicking the covid deaths can down the road!

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Politics

Tuesday, November 22, 2022

US Senate Report Concludes Lab Leak Origins of SARS-CoV-2 / Politics / Coronavirus 2022

By: Nadeem_Walayat

I got my COVD AUTUMN BOOSTER JAB (Pfizer Biontech) Saturday afternoon, unfortunately I have since been paying the price in terms of side effects that kicked in some 12 hours afterwards with shivers and chills, and continue as I write some 36 hours later I am feeling like I have a light flu, lethargic, lack of energy, drowsy despite having slept for over 12 hours. some Brain fog. Still I will see this article posted even if it is the last thing I do!

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Politics

Monday, September 19, 2022

China Could Deliver the MOTHER of ALL BLACK SWAN's! / Politics / China US Conflict

By: Nadeem_Walayat

Continuing the trend trajectory of China's collapsing insane ponzi property market that is triggering bank runs and CCP crackdowns including the deployment of tanks to meet protesting bank customers who are systematically having their lifetime savings stolen, converted from bank deposits into risky investments in bankrupt developers, then this trend towards financial collapse could result in the mother of all Black Swan events that is not on anyone's radar which is that Chairman Xi Mao Jinping literally presses the RESET button in a new GREAT LEAP BACKWARDS! THAT CHINA COULD ONCE MORE TURN FULL BLOWN COMMUNIST! The slaves got a taste of CCP capitalism which they then erased ALL of the masses hard earned wealth on the click of a mouse button.

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Politics

Sunday, September 18, 2022

Jumping the Queue to See the Queen Lying in State at Westminister Like at Alton Towers / Politics / Social Issues

By: N_Walayat

The Queen is lying in state, and her subjects have been queuing for as long as 24 hours to give their final respects to Britians longest reigning monarch.

Britian is said to be a nation of quers. Whilst that may be true for most, the younger iphone generation tend to be a nation of queue jumpers, as the Queens queue brings back memeories of the euques at Alton Tower at the height of the pandemic during 20201, when the vaccines were still yet to be jabbed into most peoples arms.

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Politics

Thursday, September 15, 2022

New Wolrd Order and CRISIS / Politics / New World Order

By: Raymond_Matison

It was back in 2006 that the foreign ministries of Brazil, Russia, India, and China first met to consider improved economic ties.  Their dissatisfaction with the inability to gain increased representation at the IMF, reflecting their increasing economic contribution to the world economy, their concern - even at that time - for a stable new reserve currency, and inability to otherwise reform the IMF, led them to form what became known as the BRIC organization.  With the invitation to South America to join their alliance, they became known as the BRICS nations.

In 2015, this author posted an article entitled BRICS? No, CRISIS
http://www/marketoracle.co.uk/Article53009.html  which reflected on the likelihood that many other nations within South America, given an opportunity to join an alternative alliance, would revolt from their northern neighbor-controlled environment and join BRICS.  Also, at the same time Iran’s news agency had announced that the country would seek to become a participant in the BRICS New Development Bank.  This event, and some forward projection inspired the renaming of this alliance to CRISIS, by reordering the nations in this alliance by size and import as China, Russia, South America, Iran, and South Africa, thus creating a new acronym, CRISIS.  The article cited above is still timely today, and describes the goals and hopes of a far larger global alliance, which escapes the dollar hegemony and its consequences for countries other than the old colonial powers of England, America, and Europe.      

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Politics

Friday, September 09, 2022

The Day Queen Elizabeth II DIED at Balmoral Castle, Scotland - LIve BBC / Politics / UK Politics

By: N_Walayat

It's the 8th of September and since just after mid-day non stop BBC coverage was of that the doctors had been making the Queen comfortable, this was not just start stop coverage but continuous broadcast which implied that the Queen was on or death bed and probably had already died and the announcement was pending everyone getting to Balmoral with the last person to arrive being estranged Prince Harry. Here is the BBC coverage live in the leadup to the announcement of the death of the Queen of the United Kingdom at Balmoral Castle, Scotland.

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Politics

Thursday, September 08, 2022

Russia Declares Energy WAR on Europe! GazProm Threatens to Cut Gas Supplies! / Politics / Energy Crisis

By: N_Walayat

Straight out of a Bond Movie, the evil dictator threatens to FREEZE europe into submission, only that this is not a movie it is reality in 2022. Gazprom threatens to cut supply of Gas to Europe as part of the defacto energy war on europe. This is for the horses mouth - Gazprom!

The energy crisis is only beginning! We are in the calm before the REAL storm!

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Politics

Tuesday, August 16, 2022

Real Reason why Pakistan and India Gained Independence in 1947 at 75th Anniversary / Politics / Pakistan

By: N_Walayat

The British Empire through guile and cunning ruled over the asian sub continent for 200 years! Whilst it is well documented how Britain achieved rule over a much larger and more sophisticated population that literally experienced rape and pillage of the people and the lands resources, including use of a millions of slave labour. However each of the newly independant nations have carved out their own myths of how they achieved their independence from British rule which at the 75th anniversary this video explains the REAL reasons for why the sub continent gained it's independence in 1947 and not decades later which as was the fate for most colonies.

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Politics

Thursday, August 11, 2022

China Bank Run Protests - Another Potential Tiananmen Square Massacre? / Politics / Financial Crisis 2022

By: Nadeem_Walayat

China's property market is collapsing that an inept CCP is attempting to prop up through DICTATS, as if a few words on a scrap of paper can fix the fundamentals. A crisis that has now spilled over into the banking system which has seen many ordinary chinese fall victim the chinese banking triad as their hard earnings savings supposedly in 'safe' regional banks have VANISHED over night after the CCP members had withdrawn their funds or had their funds ring fenced for protection whilst ordinary Chinese folks seeking to withdraw their funds are met by hired goons in the hundreds to beat them away from the bank doors. This is the reality of Ray Dalio's China! A brutal tyrannical state that he some how see's as forging the new world order!

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Politics

Tuesday, July 26, 2022

Has Rishi Sunak Succeeded in Buying His Way Into No 10 - Fake Tory Leadership Contest / Politics / UK Politics

By: N_Walayat

It looks increasingly likely that Rishi Sunak's Billionaire father in law has managed to buy his son in law the Keys to No 10. Whilst we won't know the true cost of all of the behind the scenes shenanigans, it probably runs in the tens of millions. For India like most developing nations is politically corrupt where the Rich dictate who gets info office and so will give birth to the Sunak Premiership as his battle with Liz Truss is pure smoke and mirrors exercise to convince the electorate that there actually is a leaderships contest when it has all already been bought and paid for by daddy in law.

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Politics

Saturday, July 16, 2022

The Heat is on - Extreme Heatwave's Global Warming Catastrophe / Politics / Climate Change

By: Richard_Mills

In Winnipeg, the hottest day of the year, on average, is nearly 40 degrees Celsius, while in Whitehorse, the mercury blasts past 31.4. A moderating coastal climate means little to Victoria, which averages 33.1 degrees, and Toronto, the most humid city in Canada, becomes even less bearable, with the temperature climbing to a sweltering 38.4.

These are the average hottest temperatures of the year in the new Canada, based on a higher-carbon atmosphere, one of three scenarios put together a few years ago by The Prairie Climate Centre and graphed by The Globe and Mail.

If climate change doesn’t stop, Toronto will see over 100 days of searing-hot weather, according to the University of Winnipeg’s Prairie Climate Institute, which assembled the projected temperatures for Canadian cities as part of an interactive website that allows Canadians to see the likely impact of global warming on where they live.

The warming of the planet could occur at a much faster rate when “feedback loops” are slotted into climate equations. This is what happens when one change causes another change to occur, worsening the first change. NASA states that climate feedbacks could double the amount of warming caused by carbon dioxide alone. A well-known feedback loop is the disappearance of polar sea ice. This exposes dark ocean to sunlight, warming the oceans. When ice covers the poles, the sunlight is reflected back to the atmosphere, keeping the oceans cool. As the planet keeps warming, more ice disappears, exposing more water, further raising ocean temperatures, and sea levels.

Heat, that is getting worse every year and in some parts of the world is becoming literally unbearable (more on that below), is inextricably linked to droughts and fresh water loss. Here’s how it works: a lack of precipitation in the mountains from a new or prolonged drought leads to a low snow pack, lessening the annual freshet that fills up rivers, that convey fresh water into lakes and reservoirs. If this cycle continues year after year, hydro-electric power generation is imperilled, because the reservoirs are too low (such as Lake Mead, discussed below), as well as nuclear power generation that depends on vast amounts of water to run water-cooled nuclear reactors. This leads to blackouts, when residents and businesses who are running their air-conditioning full tilt to get some relief from the scorching heat, find the grid is overwhelmed. In future, there simply won’t be enough water to supply the amount of electricity required.

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Politics

Saturday, July 16, 2022

UK EXTREME KILLER HEAT WAVE WEATHER WARNING - Over 40c Expected - Prepare NOW! / Politics / Climate Change

By: Eliza_Walayat

The UK is set for EXTREME HEAT over the coming days that looks set to exceed the previous record of 38.7c set in 2019, where UK temperatures by as early as Sunday could exceed 40c, the Met office has warned to expect a new high of 40c but the actual high could reach the Mid 40's which would be a jump from 20c to over 40c within 48 hours that the nation is clearly unprepared for.

So here is our video on what to do to prepare NOW as a matter of urgency before the high temperatures start to hit Britain over the next 24 hours.

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