Macleod: The Upside-Down World Of Currency | ZeroHedge

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In discharging their responsibilities to the status quo, central banks will end up destroying their own currencies.

So, why do we persist in pricing everything in failing currencies, when that will almost certainly change?

When the difference between legal money and declining currencies is finally realised, the public will discard currencies entirely reverting to legal money. That time is being brought forward rapidly by current events. 

Source: Macleod: The Upside-Down World Of Currency | ZeroHedge

A Ship Graveyard in Lake Erie

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“One of the remarkable things about Lake Erie and Great Lakes shipwrecks is how well they are preserved due to the cold, fresh water,” said Magee. “Wrecks in salt water start corroding immediately. In the Great Lakes, you can find old wooden ships that are hundreds of years old that look like they just sank.”One recent addition to the lake is obvious in the photos. Invasive zebra and quagga mussels, which arrived in the Great Lakes in the 1980s, cover most surfaces of the wreck. While the mussels have disrupted many aspects of Great Lake ecosystems, their population explosion in recent decades has had pros and cons for shipwreck divers.“They’re filter feeders, so they’ve actually increased the clarity of the water. In many areas, the water is now so clear that we now can get bright, ambient light 200 feet below the surface,” explained Magee. “The downside is that instead of seeing bare wood, original paint, or anything else we’re trying to look at, we just see surfaces covered by lumps of mussels.”

Source: A Ship Graveyard in Lake Erie

Category: History, nature | Tags: ,

Russia-Poland-Cargill Split Ukraine: Americans Wait On Reach Around | ZeroHedge

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Big corporations wrecking the world. Same old story. Click the link below to read the whole article.

“The Russians say Poland will move into western Ukraine; the Washington think tanks say it’s a lie, which means it’s the truth.”

For Americans there’s no kiss or even a reach around in the offing.

“Cargill is one of the concerns running Washington. I wonder how many know this? I’m pretty sure very few will have noticed that this American group owns Ukraine’s biggest grain terminal.”

Source: Russia-Poland-Cargill Split Ukraine: Americans Wait On Reach Around | ZeroHedge

Latest Supply Chain Crisis Could Threaten Global Stash Of Food, Energy

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Barges are a quick and easy way to export agricultural goods. One 15-barge tow can carry the same amount of freight as two 108-car freight trains or a whopping 1,050 semi-trucks, according to the American Waterways Operators, which describes itself as “the tugboat, towboat and barge industry’s advocate, resource and united voice.”

Source: Latest Supply Chain Crisis Could Threaten Global Stash Of Food, Energy | ZeroHedge

Why The World Economic Forum’s Plutocracy Should Be Dissolved

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It is not just kings, generals, and popes who possess great power. Wherever a person, group, or institution is capable — through enticement, coercion, or brute force — of bending an individual’s free will, the structures and instruments of power exist. A local school board, after all, may well have more immediate and intimate influences over a person’s family than the United Nations Human Rights Council and its revolving door of despots who tend to promulgate international resolutions shielding their own crimes.

For citizens to reclaim power, they must not only embrace the basics of free markets once again but also rekindle a fondness for questioning the motivations of political authorities.

Source: Why The World Economic Forum’s Plutocracy Should Be Dissolved | ZeroHedge

Category: economics, History, Politics, Words | Tags: , ,