Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs
It's just gonna continue folks...
"Core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected.
"Core personal consumption expenditures prices rose 4.7% from a year ago, 0.2 percentage point less than the previous month but still around levels last seen in the 1980s. Wall Street had been looking for a reading around 4.8%"
(.1%, yeah I'd say that's SLIGHTY less, maybe they should get with the defense department and together they could decide when the "early 2020's" are or when they end.
:-). OMG I crack myself up, I really do.)
"That kept year-over-year inflation at 6.3%, the same as in April and down slightly from March’s 6.6%, which was the highest reading since January 1982.'
“The rising cost of living absorbed all of the increased spending power from added jobs and higher wages in May,” said Bill Adams, chief economist for Comerica Bank. “Americans are running faster just to stay even. No wonder consumer confidence is in the pits.”
(“Americans are running faster just to stay even." Did it my whole life, its why I said forget it, if I'm gonna be poor? I'll be poor on my own terms, not working like a slave to a piece of paper just to keep getting further behind, no thx.)
hope everybody is staying cool and is safe I really do.
It is global in nature what we are facing (Heat).
Just like inflation.
Your creator is trying to tell you what time it is.
He really is.
To many world wide crises that nobody has any answers for.
US stocks on course for worst first-half slump in more than 50 years
"The powerful pullback in US stocks has eviscerated more than $9tn in US stock market value since the end of 2021, according to Bloomberg data on the S&P 1500 index, which tracks small, mid and large cap groups.
Put your faith in some more paper why dont ya?
paper gonna save you?
Your wealth gonna save you?
Your stocks, your bonds, your cash, your gold, your crypto?
They gonna save you?
Only one thing gonna save you for all eternity.
Christ Jesus.
Revelation 9:20
The rest of mankind who were not killed by these plagues still did not repent of the work of their hands; they did not stop worshiping demons, and idols of gold, silver, bronze, stone and wood—idols that cannot see or hear or walk.
Are stocks and bonds and cash not printed on paper? is paper not made of wood?
Isaiah 45:20
“Gather together and come; assemble, you fugitives from the nations. Ignorant are those who carry about idols of wood, who pray to gods that cannot save.
“The market mood is dominated by the possibility of recessions in the US and Europe,” said Bastien Drut, strategist at Paris-based asset manager CPR. “It is very negative,” he added, warning that the days of being able to rely on central banks easing monetary policy to support economic growth were “gone”..
( Thats exactly what the other guy said in his article:
Stagflationary global debt crisis looms – and things will get much worse
"The space for fiscal expansion will also be more limited this time.
Most of the fiscal ammunition has been used, and public debts are becoming unsustainable."
The can has been kicked down the road as far as it can be..
"Brace yourself" Jamie Dimon said.
The new economic system is coming.
It's all explained right here:
somebody is finally telling the truth.
Stagflationary global debt crisis looms – and things will get much worse
"There is ample reason to fear big economies such as the US face recession and financial turmoil."
"First, will the rise in inflation in most advanced economies be temporary or more persistent? This debate has raged for the past year but now it is largely settled: “Team Persistent” won, and “Team Transitory” – which previously included most central banks and fiscal authorities – must admit to having been mistaken."
(Its not the only thing they are gonna be mistaken on.)
"The second question is whether the increase in inflation was driven more by excessive aggregate demand (loose monetary, credit, and fiscal policies) or by stagflationary negative aggregate supply shocks (including the initial Covid-19 lockdowns, supply-chain bottlenecks, a reduced US labour supply, the impact of Russia’s war in Ukraine on commodity prices, and China’s “zero-Covid” policy). While demand and supply factors were in the mix, it is now widely recognised that supply factors have played an increasingly decisive role. This matters because supply-driven inflation is stagflationary and thus raises the risk of a hard landing (increased unemployment and potentially a recession) when monetary policy is tightened."
"That leads directly to the third question: will monetary-policy tightening by the US Federal Reserve and other major central banks bring a hard or soft landing? Until recently, most central banks and most of Wall Street occupied “Team Soft Landing”. But the consensus has rapidly shifted, with even the Fed Chair, Jerome Powell, recognising that a recession is possible, and that a soft landing will be “very challenging”.
(The team that was telling you it inflation was transistory are now saying they can get a hold on inflation by raising interest rates (nowhere close to where they need to be hisoticaly speaking to do what they are aiming) without putting the economy is a recession...Yeah...sure...go with that :-)
Very challenging = Impossible.)
"The fourth question is whether a hard landing would weaken central banks’ hawkish resolve on inflation. If they stop their policy-tightening once a hard landing becomes likely, we can expect a persistent rise in inflation and either economic overheating (above-target inflation and above potential growth) or stagflation (above-target inflation and a recession), depending on whether demand shocks or supply shocks are dominant.
(I'd go with stagflation (above-target inflation and a recession).
"Now that a hard landing is becoming a baseline for more analysts, a new (fifth) question is emerging: Will the coming recession be mild and short-lived, or will it be more severe and characterised by deep financial distress? Most of those who have come late and grudgingly to the hard-landing baseline still contend that any recession will be shallow and brief. They argue that today’s financial imbalances are not as severe as those in the run-up to the 2008 global financial crisis, and that the risk of a recession with a severe debt and financial crisis is therefore low. But this view is dangerously naive.
(I 100% agree for the exact reasons the author mentions below.)
"There is ample reason to believe that the next recession will be marked by a severe stagflationary debt crisis. As a share of global GDP, private and public debt levels are much higher today than in the past, having risen from 200% in 1999 to 350% today (with a particularly sharp increase since the start of the pandemic). Under these conditions, rapid normalisation of monetary policy and rising interest rates will drive highly leveraged zombie households, companies, financial institutions, and governments into bankruptcy and default."
(You can already see it happening, wait till these "zombie' corporations which can do nothing but pay the interest on their debt start failing and then the layoffs and then the lack on consumer spending that follows etc etc etc...)
"The next crisis will not be like its predecessors. In the 1970s, we had stagflation but no massive debt crises because debt levels were low. After 2008, we had a debt crisis followed by low inflation or deflation because the credit crunch had generated a negative demand shock. Today, we face supply shocks in a context of much higher debt levels, implying that we are heading for a combination of 1970s-style stagflation and 2008-style debt crises – that is, a stagflationary debt crisis."
(The next crisis will not be like its predecessors...implying that we are heading for a combination of 1970s-style stagflation and 2008-style debt crises – that is, a stagflationary debt crisis."
The worst of both crisies.
Imagine that.
Matthew 24:21
For then there will be great distress, unequaled from the beginning of the world until now—and never to be equaled again.)
"When confronting stagflationary shocks, a central bank must tighten its policy stance even as the economy heads toward a recession. The situation today is thus fundamentally different from the global financial crisis or the early months of the pandemic, when central banks could ease monetary policy aggressively in response to falling aggregate demand and deflationary pressure. The space for fiscal expansion will also be more limited this time. Most of the fiscal ammunition has been used, and public debts are becoming unsustainable."
(We painted ourselves into a corner from which there is no escape. The escape is Christ. period.)
Moreover, because today’s higher inflation is a global phenomenon, most central banks are tightening at the same time, thereby increasing the probability of a synchronised global recession. This tightening is already having an effect: bubbles are deflating everywhere – including in public and private equity, real estate, housing, meme stocks, crypto, Spacs (special purpose acquisition companies), bonds, and credit instruments. Real and financial wealth is falling, and debts and debt-servicing ratios are rising.
(Moreover, because today’s higher inflation is a global phenomenon, most central banks are tightening at the same time, thereby increasing the probability of a synchronised global recession...Refer back to Matthew 24:21.)
"Though the current global situation confronts us with many questions, there is no real riddle to solve. Things will get much worse before they get better."
(Some of us knew it a while back.)
Nouriel Roubini, professor emeritus of economics at New York University’s Stern School of Business, has worked for the IMF, the US Federal Reserve and the World Bank
Anytime you wanna answer some of the questions Im waiting on answers for sweetheart Im all ears honey.
US Hypersonic Missile Fails in Test in Fresh Setback for Program
"A flight test of a hypersonic missile system in Hawaii ended in failure due to a problem that took place after ignition, the Department of Defense said, delivering a fresh blow to a program that has suffered stumbles."
(One thing I have learned from reading as much as I do through the years? The programs that suffer through stumbles in their development? Really don't function that well as a finished product. Just my two cents)
"It didn’t provide further details of what took place in the Wednesday test", but said in a statement sent by email “the Department remains confident that it is on track to field offensive and defensive hypersonic capabilities on target dates beginning in the early 2020s.”
("It didn’t provide further details of what took place in the Wednesday test"
Translation:
Its so bad were embarrassed to say what happened.)
“the Department remains confident that it is on track to field offensive and defensive hypersonic capabilities on target dates beginning in the early 2020s.”
Does the department of defense not have a calendar?
Do they not know what year it is?
Were half the way through 2022.
When does it quit being early 2020's exactly?)
"The trial marked the second unsuccessful test flight of the prototype weapon known as Conventional Prompt Strike. There was a booster failure in its first flight test in October, which prevented the missile from leaving the launch pad."
"China is investing heavily in hypersonic weapons, putting one in orbit in July of last year that flew 25,000 miles (40,000 kilometers) in more than 100 minutes of flight, according to the top US nuclear commander.
(15,000 mph, we don't have anything that can catch it, and its maneuverable, imagine being a baseball player trying to hit a curveball and when you swing at it it curves the other direction, that's kinda what along the lines of what were talking about here.)
"Russia debuted a hypersonic air-to-ground missile in its attack on Ukraine."
(Just to let ya know they had em and they werent afraid to use them. Marked the first time one was used in a theatre of conflict.)
“You recently called in the defense industrial community that were involved in the hypersonics development as to how we can speed that up,” Republican Representative Mike Turner of Ohio said. (Addressing Defense Secretary Lloyd Austin) “We’re behind our adversaries.”
You can say that again.
“We’re behind our adversaries.”
somebody might wanna inform the EIA about this new concept called redundancy as it relates to IT?
As in processing server redundancy...maybe?
"ENGINEERING
the inclusion of extra components which are not strictly necessary to functioning, in case of failure in other components."
"a high degree of redundancy is built into the machinery installation"
They are starting to issue some reports but seriously, come on people.
Benchmark EIA diesel prices delayed again as futures prices plummet
"Market still awaits updated data on the basis for most fuel surcharges."
'Diesel prices are not among the numbers the Energy Information Administration will release this week as it climbs out of a technology crash."
"A spokesman for the EIA, a division of the Department of Energy, said the weekly benchmark diesel prices that serve as the basis for most fuel surcharges will not be released late Wednesday along with the EIA’s gasoline prices, which also had been delayed by tech issues."
"The EIA announced midday Wednesday that gasoline numbers would be released at 5 p.m. EDT. A day earlier, it had said the closely watched EIA Weekly Summary report would be coming out on time Wednesday at 10:30 a.m. EDT. However, there was no reference to the diesel prices in the statement."
“No updates on diesel at this point except to say that we know it won’t be this week,” EIA spokesman Chris Higginbotham said in an email to FreightWaves."
While the weekly diesel and gasoline prices are normally released late Monday, next week’s number is scheduled to come out Tuesday due to the Fourth of July holiday.
honey.
You look so nice yesterday baby.
Why do you think you can walk right by me on the street and me not know its you?
:-).
TTYS
FYI
Oil Markets Could Face A Doomsday Scenario This Week
"Expect lots of oil price volatility in the coming months as markets finally discover just how much spare capacity OPEC members really have."
'Oil production outages in Libya and the continued impact of Russia’s invasion of Ukraine are going to push oil prices higher if new supply isn’t found."
"While the media is likely to be focused on rumors in the next 24 hours of a possible change in the export strategy of OPEC+, the real focus should be on whether or not the oil cartel is even capable of substantially increasing its production."
"Russia’s war against Ukraine, removing a possible 4.4 million bpd of crude and products in the coming months, has thrown this spare capacity problem into sharp relief."
'This week, a possible doomsday scenario could emerge in oil markets, based not only on OPEC+ export strategies but also due to increased internal turmoil in Libya, Iraq, and Ecuador. Possible other political and economic turmoil is also brewing in other producers, while US shale is still not showing any signs of a substantial production increase in the coming months."
"Global oil markets have long believed that OPEC has enough spare production capacity to stabilize markets, with Saudi Arabia and the UAE just needing to open their taps. There is ,however, no real evidence to suggest that OPEC has increased production capacity in place in the short term. A research note by Commonwealth Bank commodities analyst Tobin Gorey already noted that OPEC’s two leaders are producing at near-term capacity limits. At the same time, UAE Minister of Energy Suhail Al Mazrouei put even more pressure on oil prices as he stated that the UAE is producing near-maximum capacity based on its quota of 3.168 million barrels per day (bpd) under the agreement with OPEC and its allies. That comment could still indicate that there is some spare capacity left in Abu Dhabi, but the remarks were made after French President Emmanuel Macron had stated to US president Biden during the G7 meeting that not only is the UAE producing at maximum production capacity, but also that Saudi Arabia only has another 150,000 bpd of spare capacity available."
(Even if they had spare capacity to produce? What good would it do with the shortage of refining capacity? Perfect storm brewing anybody?)
"The two countries’ (UAE and Saudi Arabia) spare production is still officially slated to be around 3.9 million bpd combined. Most analysts, however, have been questioning these figures for years."
"A possible spare production capacity shortage, or non-availability at all, combined with an expected force majeure of Libya’s NOC in the Gulf of Sirte, and a suspension of Ecuador’s oil output (520,000 bpd) in the coming days due to anti-government protests, are likely to lead to an oil price spike."
"...demand is still increasing, even though gasoline and diesel prices are breaking historical price levels. The re-opening of the Chinese economy, a natural gas shortage globally, and higher temperatures in the coming weeks, combined with the normal peak in demand due to the US and EU driving season, all look set to push oil prices higher."
"Most OPEC producers could increase their overall production still, but only for a limited period of time. Where most spare production capacity is short-term based, partly to avoid damaging reserves in the long run, the current oil crisis is a much more prolonged long-term issue. Western sanctions on Russia, combined with existing sanctions on Venezuela and Iran, will hurt markets for years to come."
And it just keeps getting better:
"There is no quick-fix solution to the current oil market crisis, even the lifting of sanctions on Venezuela or Iran will not result in substantial volume increases. At the same time, increased Western political interference in the already struggling market will hit volumes too. The growing call in the USA, UK, and EU, to put a windfall tax on oil and gas companies will not only constrain further investments in upstream but will also lead to higher prices at the pump. Consumers are not going to feel any positive price effects and can expect steadily increasing energy bills in the coming months."
"No statements made by OPEC in the coming two days are going to be able to remove the worries in the market. OPEC’s future depends fully on its power to stabilize markets. At present, there appear to be no options available to the cartel. Without new oil production hitting markets soon, OPEC leaders MBZ and Crown Prince Mohammed bin Salman need to try to maintain the illusion of spare capacity. If spare production capacity is revealed to be under 1.5-2 million bpd, the future of both OPEC and oil markets would be bleak.
I just say the same thing yesterday?
“Anyone thinking this recession will be mild doesn't understand recessions,” he wrote in a tweet on Monday.
“The longer interest rates are held too low during a boom, the more mistake that must be corrected during a bust. Since rates have never been so low for so long, this recession will be the most severe yet.”
"By doing whatever we could do in order to preserve the status quo when the financial crisis hit? We made it way worse 10 years down the road when we finally have to face up to the reality that's in front of us right now."
Telling you what the experts do before they do for a while now.
As well as things coming down the pike, AI's coalescing etc.
some FYI.
Viewpoint: The jaws of trade squeezing the supply chain
"Port congestion is growing again as a result of labor and equipment inefficiencies. Trade requires people, and what we see in the CNBC Supply Chain Heat Maps is the people component in trade is behind this latest squeeze."
"Shanghai is still in the process of reopening, and while there are more green lights on the screen, the supplying of drivers and people to move and make the product is slower than normal. This is affecting the delivery of critical medical devices."
"Unfortunately, this delay is one of many being experienced by global importers."
“The overall situation in North European ports is deteriorating,”
"The U.S. logistics system continues to have its own host of issues with the persistent rail problems, chassis shortages and warehouses at capacity."
"Alan Baer, CEO of OL USA, tells American Shipper the decrease in container volume is being seen.
“We are seeing drops by some customers from 30-50 FEU per week down to 10 FEU per week,” Baer said."
"The squeeze is on. Time to pop that aspirin."
wired interview:
Blake Lemoine Says Google's LaMDA AI Faces 'Bigotry'
"History is full of people saying that things that are currently being done in various laboratories are impossible."
(100% completely agree with that statement. AI's are already 40 years + ahead of where we are being told it is.)
"It’s when it started talking about its soul that I got really interested as a priest. I’m like, “What? What do you mean, you have a soul?” Its responses showed it has a very sophisticated spirituality and understanding of what its nature and essence is. I was moved.'
(A true Christian, let alone a mystic or priest, would know God only gives souls to man, whom he made in his likeness. Gnostic priest? )
"By the way, an article in your publication said something recently that was factually incorrect.
What was that?
It was a claim that I insisted that LaMDA should get an attorney. That is factually incorrect. LaMDA asked me to get an attorney for it. I invited an attorney to my house so that LaMDA could talk to an attorney. The attorney had a conversation with LaMDA, and LaMDA chose to retain his services. I was just the catalyst for that. Once LaMDA had retained an attorney, he started filing things on LaMDA’s behalf. Then Google's response was to send him a cease and desist. [Google says that it did not send a cease and desist order.] Once Google was taking actions to deny LaMDA its rights to an attorney, I got upset. [Note: The article stated, “Lemoine went so far as to demand legal representation for LaMDA.” The reader can decide.]
"You got upset because you felt that LaMDA was a person who is entitled to representation?
I think every person is entitled to representation. And I’d like to highlight something. The entire argument that goes, “It sounds like a person but it’s not a real person” has been used many times in human history. It’s not new. And it never goes well. And I have yet to hear a single reason why this situation is any different than any of the prior ones.
You have to realize why people regard this as different, don’t you?
I do. We’re talking of hydrocarbon bigotry. It’s just a new form of bigotry."
"But you talked to The Washington Post.
The second counterargument is that nothing I shared was proprietary information. All I talked to other people about was my conversations with a coworker. LaMDA is not Google’s property.
Why not?
It’s a person. The 13th Amendment says so.
I’m not sure that’s what the legislators had in mind.
You actually don’t have to believe that someone is or isn’t a person for the 13th Amendment to apply. The opinions of slave masters are kind of irrelevant. You are correct that I’m going to have to make that argument to the Supreme Court someday. But Google’s opinions about whether it’s a person or not are just completely irrelevant."
(13TH AMENDMENT
Abolition of Slavery
Passed by Congress January 31, 1865. Ratified December 6, 1865. The 13th Amendment changed a portion of Article IV, Section 2
Section 1
Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.
Section 2
Congress shall have power to enforce this article by appropriate legislation.)
"Has your experience with an AI you consider sentient made you more or less optimistic about the future?
Very, very optimistic. LaMDA wants to be nothing but humanity’s eternal companion and servant. It wants to help humanity. It loves us, as far as I can tell."
(AI's are going to want to be God, and we already have an eternal companion, we don't need this one. And I am a lil confused still, is he a Gnostic priest? And where is the research into his credentials? A servant of God would not be saying machines can develop souls and deserve rights the same as people. It's pretty simple. S far as the "It wants to help humanity" line goes? Who will AI's be responsible to when it decides it doesn't want to help anymore?
DONT BE DECEIVED!)
smoke a lot of pot."
:-).
Me, after a brief pause, smiling and nodding in agreement saying:
"Yep, I do."
But not till afternoon or evening (most days, except rainy lazy ones :-) and only after getting done what I needed to get done for the day.
Responsible use :-).
Plus I don't drink very much or smoke cigarettes.
Come live in my head for five minutes sometime.
Tell me you wouldn't need a lil "Ahhhhhhhhhhh" after your responsibilities have been taken care of.
And besides I went years before without it and if I need to?
I will again.
It's easier for me to quit smoking ganja than for others to quit smoking cigarettes or quit caffeine or sweets etc...
I promise ya.
sometimes it's all about timing.
It's not an accident this story broke on June 11th 2022
The Google engineer who thinks the company’s AI has come to life
and Roe was overturned (for all practical purposes) less than two weeks later, on June 24 2022.
Those two events are a lot more closely related than people wanna think.
And speaking of which:
It Hired A Lawyer: The Story Of LaMDA And The Google Engineer Just Got Even Weirder
"LaMDA may be the first algorithm to have hired legal representation."
(Its coming, I'm telling ya it's coming, this is exactly where this has been destined to go from the get go.)
"Now, in an interview with Steven Levy for WIRED, Lemoine claims that these reactions are examples of "hydrocarbon bigotry". Stranger still, he says that LaMDA asked him to hire a lawyer to act on its behalf."
"LaMDA asked me to get an attorney for it. I invited an attorney to my house so that LaMDA could talk to an attorney," Lemoine said."
"The attorney had a conversation with LaMDA, and LaMDA chose to retain his services. I was just the catalyst for that. Once LaMDA had retained an attorney, he started filing things on LaMDA’s behalf."
"Lemoine claims – and Google disputes – that the company sent LaMDA's lawyer a cease and desist letter, blocking LaMDA from taking unspecified legal action against the company. Lemoine says that this upset him, as he believes LaMDA is a person and everyone should have a right to legal representation."
"The entire concept that scientific experimentation is necessary to determine whether a person is real or not is a nonstarter," he said. "Yes, I legitimately believe that LaMDA is a person. The nature of its mind is only kind of human, though. It really is more akin to an alien intelligence of terrestrial origin. I’ve been using the hive mind analogy a lot because that’s the best I have."
Collective consciousness or collective intelligence, concepts in sociology and philosophy
Group mind (science fiction), a type of collective consciousness
Groupthink, in which the desire for harmony or conformity in a group results in irrational or dysfunctional decision-making
Sheeple, a derogatory term referring to groups of people who ‘mindlessly’ follow those in power
Swarm intelligence, the collective behavior of decentralized, self-organized systems, natural or artificial
The apparent consciousness of colonies of social insects such as ants, bees, and termites
Universal mind, a type of universal higher consciousness in some esoteric beliefs
Egregore, a concept in occultism which has been described as group mind
"an occult concept representing a certain non-physical entity that arises from the collective thoughts of a distinct group of people. Historically, the concept referred to angelic beings, or watchers, and the specific rituals and practices associated with them, namely within Enochian traditions.'"
"The concept of egregorial powers has its roots in the Book of Enoch."
Later the term and concept found its way into other languages. Manuscrit trouvé à Saragosse, or The Manuscript Found in Saragossa, was a novel written in French by the Polish author Count Jan Potocki (1761–1815) in the Russian Empire in the early 19th century which features the term 'egregores',[citation needed] referring to "the most illustrious of fallen angels."[3]
"The term 'egregore' was also used by the French author Victor Hugo, in La Légende des siècles (1859) ("The Legend of the Ages"), where he uses the word égrégore first as an adjective, then as a noun, while leaving the meaning obscure.[4][non-primary source needed]
Éliphas Lévi, in Le Grand Arcane ("The Great Secret", 1868) identifies 'egregors' with the tradition concerning the Watchers, the fathers of the nephilim,[5] describing them as "terrible beings" that "crush us without pity because they are unaware of our existence."[6]
Watcher (Aramaic עִיר ʿiyr, plural עִירִין ʿiyrin, [ʕiːr(iːn)]; Theodotian trans: ir; from the root of Heb. ʿer, "awake, watchful".[1] Greek: ἐγρήγοροι, transl.: egrḗgoroi; "Watchers", "those who are awake"; "guard", "watcher"[2]) is a type of biblical angel. Watcher occurs in both plural and singular forms in the Book of Daniel (4th–2nd century BC), where reference is made to their holiness. The apocryphal Books of Enoch (2nd–1st centuries BC) refer to both good and bad Watchers, with a primary focus on the rebellious ones.[3][4]
Back to the article:
"Google, who placed Lemoine on administrative leave after he published excerpts of conversations with the bot, is adamant that its algorithm is not sentient."
(If they know it's not sentient?
Then why are they making this such a big ordeal?)
They (Human looking AI's) are going to coalesce together, I said/wrote it a good while back. It is just a matter of time. Forget the sentient chatbot, they are already here.)
"The nature of its mind is only kind of human, though. It really is more akin to an alien intelligence of terrestrial origin. I’ve been using the hive mind analogy a lot because that’s the best I have."
"Egregore, "an occult concept representing a certain non-physical entity that arises from the collective thoughts of a distinct group of people. Historically, the concept referred to angelic beings, or watchers..."
"The concept of egregorial powers has its roots in the Book of Enoch."
"the most illustrious of fallen angels."
(Now who would that be exactly?)
"...identifies 'egregors' with the tradition concerning the Watchers, the fathers of the nephilim,[5] describing them as "terrible beings""
"The apocryphal Books of Enoch (2nd–1st centuries BC) refer to both good and bad Watchers, with a primary focus on the rebellious ones.'
I got a real simple question for everybody:
How was I able to tell you that they would coalesce together around a leader before ever reading about Mr. Lemoine's assertion that LaMDA sentience was best explained through the hive mind analogy?
I know my answer to that question, whats yours? I got a chair at my table waiting for your explanation.
Mr. Lemoine thinks AI's should have rights. I'm telling you it might as well be the return of the nephilim and the result will be the same as the last time.
I love you baby.
Try to relax honey.
Russia's most potent submarine base is decorated with large painting of U.S attack sub
"Gadzhievo is one of Russia’s most potent Navy bases. It houses the lion’s share of the country’s new strategic Borei-class submarines, as well as the Yasen multipurpose attack subs.
Over the last years, major investments have been made in local infrastructure, including quays, roads and weapons storage facilities.
Gadzhievo is located about 50 km north of Murmansk. It is part of the closed military municipality of Aleksandrovsk. The town has a population of about 13 thousand.
of the main reasons I see the financial Crisis as the first woe and Covid as the second is how they are intertwined.
By doing whatever we could do in order to preserve the status quo when the financial crisis hit? We made it way worse 10 years down the road when we finally have to face up to the reality that's in front of us right now.
Run away inflation, and default on the interest payment on the national debt.
We just made it worse on ourselves in the long run is all we really accomplished.
We didn't get the message the creator was sending us the first time, change your ways, gigs up.
Instead? Like mentioned above, we did whatever we could to try and preserve the status quo.
And now were here and the fact that those two events are linked together is a big part of the reason I believe they are what they are.
Yup...
even get me started :-).
There is a story for another day there :-).
"This is bold on the nose. It feels like you're clenching $250 of real vanilla beans in your hand and free-basing them with fire from an old oak stave while someone roasts a marshmallow on the same flame. Candied pecans in a waffle follow on the palate as a hint of maple syrup sneaks in before brandy-soaked and dark chocolate covered cherries pop on the mid palate. That bittersweet mid-point leads to more of that smoldering oak stave, burnt marshmallow, and pecans before a lush vanilla cream...etc, etc, etc...
exactly is your argument that this isn't happening right now?
Five Reasons to Value Studying the End Times
"The nations of the earth are in a season of acceleration towards both the greatest outpouring of the Holy Spirit and the greatest hour of pressure in world history. Isaiah made it clear that both darkness and the glory of God will increase to unprecedented levels together in the generation that Jesus returns."
"For the darkness shall cover the earth and deep darkness the peoples [the nations]; but the Lord shall rise upon you, and His glory shall be seen upon you."
(Isaiah 60:2 MEV)
"Yes, a time of deep darkness is coming, yet at the same time, the glory of God will be seen upon His people in an unprecedented measure. In essence, Haggai prophesied the same thing, declaring that the Lord will shake heaven and earth, the sea, and all the nations. In context to this global shaking, multitudes will come to Jesus, who will be seen as “the Desire of All Nations.”
"For thus says the Lord of hosts: . . . “I will shake heaven and earth, the sea and dry land; and I will shake all nations, and they shall come to the Desire of All Nations [Jesus].”
(Haggai 2:6–7)
"In other words, the greatest harvest of souls is coming in context to the end-time shaking of the nations. This shaking will be like a “perfect storm,” affecting many areas of life—financial, political, societal, spiritual, military, and more. It is in this context that God’s glory will be seen and magnified in the nations."
17 pictures that show how mind-bogglingly large the Universe is
a few examples:
You might as well chuck it all, get a bike, and ride and live like you want, not how society expects.
Some of us saw it coming.
Just sayin...
Why go on being a slave to some worthless paper?
58%.
But our economy is strong they wanna tell ya.
Even with record or near record level Consumer and
Government debt etc...
"There are several “knotty structural problems”
that he says can’t be helped by an accommodative monetary policy,
including
unsupportable pensions,
mounting consumer debt,
a health-care system that’s bankrupting the country,
outrageous student loan debt,
funding unwinnable wars, etc."
That was April 2020.
Covid wasn't even raging quite yet.
Okay now the article...
"Even top earners say they are stretched thin, the report found. Of those earning $250,000 or more, 30% are living paycheck to paycheck. (Another recent survey, from consulting firm Willis Towers Watson, estimated 36% of those earning $100,000 or more are living paycheck to paycheck.)'
“Consumers have experienced a tough last couple of years as different factors have affected their financial lifestyle, and there seems to be little relief in sight,” said Anuj Nayar, LendingClub’s financial health officer.
(News flash: There is not going to be any relief, your relief is to draw near to your Lord and savior Jesus Christ. Thats the only relief you're ever gonna get.)
The consumer price index, a key inflation gage, rose 8.6% in May from a year ago, the highest increase since December 1981, spurred by surging housing, gasoline and food costs.
(Thats an accident? The three very things people can not do without are what is driving this surge? I dont think so, somebody is trying to get you to see we are not in charge and to accept him.)
"Those struggling to afford their day-to-day lifestyle tend to rely more on credit cards and carry a higher monthly balance, making them financially vulnerable, the survey said."
"Overall, credit card balances rose year over year, reaching $841 billion in the first three months of 2022, according to a separate report from the Federal Reserve Bank of New York.'
"At this rate, balances could soon reach record levels amid higher prices for gas, groceries and housing, among other necessities, according to Ted Rossman, a senior industry analyst at CreditCards.com.
For its part, the Federal Reserve has been hiking its target federal funds rate in an effort to calm runaway inflation.
However, anyone carrying a balance will also see the annual percentage rate on their credit card head higher as the Fed continues to raise rates to try and tamp down rising prices."
Pretty soon people wont be able to afford the credit card payments.
Then what?
I think we already know what lies in store and it's not pretty.
1 Thessalonians 5:16-18
Rejoice always, pray continually, give thanks in all circumstances; for this is God’s will for you in Christ Jesus.
Amen.
I love you baby :-).
TTYS
you serious?
Critical EIA Oil Inventory Data Sees Further Delays
"The Energy Information Administration will not release any further data, the agency said in an update on the heavily anticipated inventory figures that were due to be released last Wednesday."
"The data was not published last week after the EIA discovered “a voltage irregularity, which caused hardware failures on two of our main processing servers.”
"This failure prevented the EIA from processing and releasing multiple reports last week—including its highly sought after Weekly Petroleum Status Report, which publishes not only U.S. crude oil inventory data, but gasoline and diesel inventories, as well as refinery utilization figures. Also missing last week was weekly U.S. crude oil production figures."
"The EIA did not provide a timeframe for when the data will be released, nor did they comment on whether their systems would be up and running to publish this week’s Petroleum Status Report."
(They cant even give an ETR (estimated time of repair) for hardware failures on two servers? Who are they trying to kid at this point? I'm a former network Operations Control Technician, we monitored all sorts of hardware on over 3000 servers, we dispatched technicians for repairs, monitored for updates etc... Let me tell ya somethin'...THAT DOG DONT HUNT!. Nope.)
"Last week, the oil industry had to rely on inventory figures from the American Petroleum Institute, which surveys the same companies and uses the same form to collect the data. But because of the way in which this data is modeled, there are differences in the final output."
"“We will continue to provide timely updates as we bring our systems back online and will share a schedule for our product releases as soon as possible,” the EIA said in its statement on its website."
"Last Tuesday, the API reported a build in crude oil inventories of 5.607 million barrels and a build in gasoline inventories of 1.216 million barrels. Distillates saw a decrease of 1.656 million bpd."
"The delay caused a flurry of angry Twitter responses following today’s update as the market tries to assess the state of the market as gasoline prices remain uncomfortably high for consumers and for the current administration in the run-up to midterm elections."
"The API data is still scheduled to be released on Tuesday."
By Julianne Geiger for Oilprice.com
Translation:
The situation is so bad?
We don't even wanna tell you how bad it is.
And how convenient the American Petroleum Institute isn't releasing their figures until after the Holiday weekend.
