When fiat currency fails, the most marketable commodity will find its way back for widespread use as money.
…in the barber shops and restaurants and hotels that constitute the main strip of one dusty little outpost after another, you’ll find prices displayed in grams of gold.
With the all knowing, all seeing central planners.
NP- Canada doesn’t know how bad its doctor shortage is, let alone how to fix it.
Dr. Katharine Smart, president of the Canadian Medical Association, says once doctors are trained at Canadian universities, we don’t necessarily know where they go to work. We don’t know how many doctors we need, or which specialities.
“Health care is a bit like a house on fire,” Smart says. “Where do we throw the water today?”
Looks like I picked a good time not to want an new car.
Essentially, you can’t make cars without aluminum. You can’t work with aluminum without using magnesium. And as of December, you may not be able to work with magnesium much — if at all. Amos Fletcher, analyst for Barclays, put it succinctly: “If magnesium supply stops, the entire auto industry will potentially be forced to stop.”
China has been in the midst of an energy crisis recently, with factories shutting down to conserve power. Unfortunately for the car industry, China is also the world’s primary supplier of magnesium — 85% of the world’s supply comes from the country.
The most prevalent magnesium-producing town in China, Yulin, just ordered 35 of its 50 production facilities to shut down. The remaining 15 have been told to scale back operations by half, leaving production drastically reduced.
This slowdown in magnesium wouldn’t be such an issue if the metal could be easily stored, but it’s got an incredibly short life span on its own. Magnesium oxidizes relatively quickly, and European reserves are expected to run dry by the end of November.
Hey, speaking of China’s grip on our gonads… how are we faring on the pharmaceutical front?
WSJ- Netflix Co-CEO Says He ‘Screwed Up’ When Defending Dave Chappelle Special
Reuters- Netflix workers stage walk-out over Chappelle transgender comments
Meanwhile Waterloo’s Woke Utopia is at hand.
A diverse workforce is essential to creating “an anti-racist working environment,” it says. “The current system is not accessible to certain populations, and must be amended to improve accessibility to the process from start to finish,” it says.
It calls for the Region to better recognize credentials from other countries, and create “a hiring policy that actively seeks out the lived experiences and community-based work of BIPOC communities as accepted qualifications.”
Soon to hit progressive news stands on Turtle Island. And the Trudeau comic book is still available.
Looks like Saskatchewan is in good hands.
Update, from Kate: 1,950 quote tweets — and counting. It’s distressing to watch the Moe government take an 18 month record of reasonably sane and balanced Covid management and piss it all away. If the idiot responsible for that tweet isn’t on the street looking for a new job by dawn break, they deserve every bit of derision they’ve received – and then some. Pure, incomprehensible stupidity.
I bet everyone is shocked at this news. Obviously Toronto needs more “progressive” policies.
LEVY: Toronto City Hall has turned the Esplanade into a “crime hot spot”
Meanwhile the Toronto Star is excited that the creepy looking Ontario Liberal Party leader, is promising to change the election laws so his party is always in power. Something like Justin’s dictatorship.
Things just get more entertaining all the time in Seattle. It would make a great Canadian city.
Seattle is taking action on something. It’s cancelling the Halloween parade.
BBC- A bakery has had to stop producing its bestselling biscuit after officials found the treats were topped with illegal sprinkles.
Owner Rich Myers branded the decision “ridiculous” and said alternative sprinkles on the market were “rubbish”. He said he sourced the US-made cake toppers from a UK-based wholesaler, adding that other products on the market were not as good. “British sprinkles are rubbish,” he said. “They run and aren’t bake-stable. The colours aren’t vibrant and they just don’t look very good.”
Squeezed as they are between green energy boondoggles, Covid restrictions and zero percent interest rates, its no surprise that companies like CNH are shuttering production facilities.
The company said it will shut down several of European agricultural, commercial vehicle and powertrain manufacturing facilities in response to ongoing disruptions to the procurement environment and shortages of core components, especially semiconductors.
Stop it, you’re masking too hard.
CBC- Toronto-area teacher says he faced suspension without pay for wearing N95 mask in class
“At the same time schools have ramped up their antiracist efforts, mental health among students has only gotten worse.”
I think I see the problem.
As the rot of the economy’s capital structure accelerates, expect more, not less, of problems like these in manufacturing.
In the former Soviet Union, unfinished equipment rolling off the assembly line was the norm, not the exception. The negation of competent production management has now arrived in the west:
CNH estimates that supply chain constraints ranging from increases in freight to higher raw materials prices have cost the company $1 billion.
That lag has forced the company to turn some factory parking lots into storage lots. At CNH’s combine plant in Grand Island, Nebraska, hundreds of unfinished combines sit outside, waiting for parts.
NP-Canada’s wireless costs ‘continue to be the highest or among the highest in the world’: Finnish report
Canada cellphone bills have been topping Rewheel rankings for years. In a dedicated 2019 analysis of the Canadian cellphone market, the group put the blame squarely on the country’s lack of telecom competition.
“Significant structural … remedies are required,” it concluded, calling the Canadian system a “de-facto network duopoly.”
What crime did Daniel Nagase commit? Did he injure a patient? Far from it. His crime, in the minds of the medical bureaucracy, is simply that he’s a “rogue” doctor.
Nagase claims the drug worked quickly on the patients, allowing all three to leave the hospital within a week. Two of the patients, he claims, were “almost completely better” within 18 hours.
Nagase says that within hours of administering the ivermectin, an AHS medical director barred his patients from receiving from the drug or any of the other medications he had prescribed them.
He said he was removed from the hospital, and “relieved” of his medical duties the following day.
He claims there is “something malicious” about the care being provided to COVID-19 patients in Alberta hospitals.
Happy Segregated Thanksgiving everyone!
Yes, its thanksgiving in Canada this weekend.
I’m generally not a fan of “models” but guest Martin Armstrong actually has a long track record of getting it right when it comes to forecasting.