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  1. 4 points
  2. 3 points
    I don't understand how one can comment on the miracle of america and not notice the whole point of this blog is to demonstrate how that miracle is under immense threat and the very freedoms that it is founded on. It is being attacked by college students that have been brainwashed to hate those freedoms and self hate as far as race. It's not only stupid but a very scary thing and it is also a very real thing. Also, this is not only happening in colleges, it is also happening in high schools as well. Brainwashing begins early these days, as I have personally witnessed in my niece. It's Amazing the things that they are teaching them now. They are teaching them to hate this country. The miracle of this country is being turned into the hate of this country and if you can't see that by the examples above and others all over the nation then your head is in the sand. If you truly believe in the miracle of America then the best thing one can do at this point is to expose the evil that is rearing its head to destroy it. One way is by blogging about it. Well done my British friend! I Thank you, salute you, and I pray for your country and brexit as well.
  3. 3 points
    You mean, everyone who's at the college? (Because if you're not there to get a degree -hopefully a useful one - and graduate, you're wasting my tax dollars, your tuition, and all of our time!) Umm... what? If this doesn't scare you...
  4. 3 points
    Those against Brexit lost the vote. The anti Brexit vote lost despite the entire establishment being very actively anti. The people have spoken. Anything other than a real Brexit is cause for rebellion against the elitist government.
  5. 3 points
  6. 3 points
    And I'm sure they are economically integrated because they wanted to integrate. I'm not sure if economic integration is the cause for moderation or if it is the other way round. Radicals of all sorts are notoriously loathe of changing anything about themselves or their view of the world. Could you please elaborate why you believe integration leads to moderation rather than vice versa? P.S.Large loud minority doesn't sound good. You should be less nice and welcoming. Seriously.
  7. 3 points
    I also consider myself pragmatic but I'm not covering my head and body completely just to protect the religious sensibilities of Muslim immigrants who subscribe to rules that are in stark and irreconcilable opposition to my idea of individual freedoms. We do have to meet in the middle, @Rasmus Jorgensen, that's the only way that I see as fair. Not to mention that the more concessions one side makes, the more demands the other side will have. It's human nature.
  8. 3 points
    Diversity can be a good asset. However, words are important, and the word 'diversity' is often misunderstood. Often, we think it means 'race', but in reality, it simply means 'knowledge'. A diverse group of people are those who have a variety of different backgrounds that has resulted in a diverse base of knowledge. So, for instance, electing a black man, an indian woman, and an adrogynous chinese person provides no real diversity if all three indivudals grew up on the same street and to families in the same social-economic strata. However, electing three white males aged 24-29 would provide diversity if one came from a poor family in the midwest, another from a rich family that does business overseas, and that last from a missionary family out of Africa. Multiculturalism can strength a people when, like Marina says, assimilation does happen. But what do you do when assimilation does not happen. As a case in point, and speaking of... ...I happened across some of articles today. Since I was not intentionally searching for any of these articles (or their subject matter), I can only assume this is just the tip of the iceberg. Also, these articles are all from this week: https://voiceofeurope.com/…/another-day-another-gang-rape-…/ https://voiceofeurope.com/…/14-moroccans-sexually-abuse-g…/… https://voiceofeurope.com/…/sex-attacks-up-70-in-just-one-…/ https://www.dcclothesline.com/…/illegal-alien-released-by-…/ https://www.thesun.co.uk/…/shocking-video-shows-machete-ga…/ ^Are we failing at teaching or are they failing at learning? Education is a two-way street. Sometimes a student deserves that F. ^I feel like you are describing the opening scenes in the movie Idiocracy. ...it was a terrible movie, but a great predictor of the future. ^The key word here is 'can'. Simply because we want them or expect them to be a resource doesn't mean they won't just then go on to choose to become a terrible liability. I do, however, agree with what you said about competition. ^Again, you are making this about you, when, in reality, you have no real say in what someone else chooses to do. Yes, they may decide to do what you want them to do by them choosing to have a positive impact on society, or they may decide to rape your daughter because she was alone at night and without her male escort, which, of course, violates their law. Key word: "their." The early immigrants in America assimilated so well primarily because there were no government handouts waiting for them upon arrival. In order to succeed in America, those immigrants had to interact with the Americans who were already established, and this integration fostered that assimilation. Today, however, huge government handouts make such interaction unnecessary, and this now handicaps both today's immigrants as well as today's taxpayers. The best thing that could be done to help immigrants effectively assimilate would be to immediately end all social programs and aid packages for said immigrants. This would include mandating that hospitals are no longer required to treat illegal immigrants at tax-payer expense. Make crime illegal again! (<--- I feel like that slogan would work well on a hat).
  9. 3 points
    I have been through an ice storm in rural central Illinois. It was brutal. Tried to mop up some water on the floor in the kitchen, finally realized it was coming from a refrigerator ice cube line. Had to go to a motel for a few days. My corn stove let me run a generator but my corn stove wasn't up to heating that old three story uninsulated farmhouse. The natural gas steam heat was worthless without the electrical pump. The generator oil had to be heated by the corn stove before it would work.
  10. 2 points
    A lot of commodities trade based on the weather. Very important because it means no one has information that someone else doesn't have as no one can reliably predict the weather 1.5 months in advance.
  11. 2 points
    Keep it coming DT, very informative, keep it light for us weekend traders.
  12. 2 points
    I'm not riled up at all; I just find the topic interesting after my experiences with both the mainland and Taiwan (and U.S. rhetoric where it concerns both). I will say that the support given to Taiwan up to present day has not been for altruistic reasons such as democracy, freedom and the rule of law. Here is a good timeline that was posted on Reuters some years ago: Timeline: Taiwan's road to democracy U.S. interests in Taiwan are blatantly defensive and controlling in nature, at least that's the way I see it. Similar to South Korea, if not exactly the same. The cost benefit ratio? For military purposes alone the benefits far outweigh the costs. I have outlined in other posts some time back how China, by and large, have been the victims of expansionism and militarism by other nations for the past 1-200 years or more. They have not, as yet, invaded militarily in modern times, although they have every reason to want to get back at the people/nations that mercilessly raped and murdered their people and and took whatever else they wanted along the way (as occupying militaries are wont to do). The day will come, and the U.S., in my opinion, will rant and rave and try to get the rest of the world to rant and rave, but in the end there won't be much they can practically do, give the cost to benefit ratio of any such actions. The time will come and, if Taiwan is smart, they will blend back together relatively seamlessly. Similar to Hong Kong, Tibet and Mongolia; there has been some pain, but by and large it went seamlessly and the world did little else but rant and rave.
  13. 2 points
    A comment on the OP: Taiwan to China is every bit as much a part of China as Hawaii is a part of the United States. The island was controlled at different times by different rulers, some that claimed national sovereignty; some that were basically pirates and rogues, but the Chinese were there from as early as 1683 when the Qing dynasty took control. The Kuomintang fled to Taiwan in 1945 when Chiang Kai-Shek lost to Mao Tse Dong and, as such, to China it is nothing more than unfinished internal business that needs to be cleaned up and returned one day. I believe that day will come, when the time is right and the world is distracted elsewhere. Note: there is a lot to this question, but I believe the above is true from a territorial perspective, no matter what other countries would like things to be or how they know the power of the location of this island and its resources and "friendly" occupants (who are Chinese, by the way.).
  14. 2 points
    So now the real question arises: is there going to be some technical breakthrough in fractionation (the distillation process)? It would seem that oil refining is pretty much using the same principles and technology as it did a hundred years ago. OK, some of the equipment has been tuned up, but no fundamental changes in the technology. Let us suppose, as the mind wanders, that some genius develops a totally new method for fractionating oil. The design is so cheap that drillers now put these fractionaters right out next to the pump, and take-offs of finished products can be made right there. Now, how does that change the economics of the oil industry? For one thing, local consumption of certain distillates, such as diesel, implies that crude does not have to be piped to some remote refinery a thousand miles away, and then trucked or railed back. That seriously cuts costs. For another, it implies that heavy oils such as tar sands can be upgraded and distilled in the tar fields, resolving the big bugaboo in Canada, transporting the stuff out of there. Never underestimate what technology can accomplish.
  15. 2 points
    in trading crude 2 elements are necessary. 1] Belief in your system, and not worrying about it, no matter what. 2] Patience
  16. 2 points
    Thank you very much, Jan. People may read some of my posts and think it's BS, but it is reality where I come from. That's why it pains me when I read comments that group all Americans into some kind of perception, learned from afar. For most of America, from coast to coast and top to bottom, people are like the ones I talk about. Black, white, yellow, and yes, even some of the orange ones!
  17. 2 points
    Dan, a major tip of the hat to you! A five-star post. America; ya gotta love the spirit!
  18. 2 points
    I drove a snow plow starting about 5 years after that storm system moved through. Buried cars were not uncommon, but common people knew to move them before the storm started, or during at least, and plows didn't have too much to worry about. Having said that, the township only had one dump truck that was used as a snow plow in winter and it took a few days for us to get everywhere. We first had to help clear the town together with the town's one truck and then moved to the country roads and lanes and driveways (farmers would treat snow plow drivers like me with a great breakfast if you did their long driveways! Hey, we plowed all night!). Every able bodied resident got out the snow shovels and dug everybody out. One really bad problem, especially in ice when the phone lines went down too, was people with snow drifted against all the doors and windows to their house! We had to be aware of this and identify such houses so we could get them dug out fast. I remember getting to some old folks who thought they were ended under the snow! Nobody, and I mean nobody, accepted money for any that. A cup of something hot, a glass or two of water, maybe a piece of home cooked pie or cake, and we were on our way. Idyllic, really.
  19. 2 points
    Large apartment buildings typically have dual-fuel furnaces: they can switch over from oil to gas depending on which is cheaper. However, they still need a small amount of electricity to operate the boiler feed motors and the water circulating pump motors, and when the power goes out then you have zero heat. I remember some decades back there was a particularly nasty ice storm in the Northern wilds of Quebec, and some 17 miles of high-voltage tower lines were pulled down. To rebuild those towers and string new lines into the City of Montreal and suburbs took I think three weeks. In the meantime vast numbers of homes had frozen pipes which then burst and caused lots of water damage. What this teaches you is that you cannot take electric power supply for granted in the winter, so if you want to keep your house protected, you need either a big hefty battery bank, and a generator, and a stove for either wood or coal. And you need lots of insulation!
  20. 2 points
    Now that was seriously cold! The way to have a "back-up" is to install a battery bank and a hefty inverter, something on the order of 3.5 KW, enough to start and run the well pump, so that you can keep water pressure up in the heating system. I have discovered that (some) fire departments change out their fire-truck batteries, huge ones known as "D-9," also used in tour buses, every two years as a safety precaution. Those big batteries have years of life in them. String a number together and you have a great power supply! If your well motor draws too much power on the start, there is a ramping device known as a "soft-start" that limits the inrush current and extends the start ramp time, so that you do not overload the inverter. Once you figure it all out, you can have a nice system that makes you independent of either the generator (which may not start or work) or the power grid. All that said, I am still a fan of the coal stove. Coal is cheap enough, it does not spoil, you can light it up with a little diesel on top and a match, and it will produce great concentrated heat. You can bank down a coal fire to keep it running at a low output overnight, then toss on more coal in the morning. I saw a mansion down in Newport, Rhode Island (USA) where the owners were terrified of a coal boiler fire, so they built the coal furnace in a separate, remote building and ran steam lines underground to the mansion. No fires at all in the house! That system worked great, but you do have to trudge out to the boiler room to keep it operating (unless you build a sheltered hallway out to it!).
  21. 2 points
    The extra energy required certainly wont be by renewables as they are only a tiny percentage of world energy production. WTF. Have you actually had a look at the data? How much of new generation this year will be renewables? Look at the Lazard analysis at the cost of renewables. Look at the lead Spain is taking. Look how much of Scotlands electricity comes from wind. Look at the percentage of cars sold are EV's in the UK, Canada and California. The elephant in the room is those in the fossil fuel religion that don't accept the facts that renewables are increasingly becoming the cheapest source of electricity and EV's are rapidly becoming better than ICE vehicles. Come on it's the 21st century, fossil fuel was the king of the last century that's gone, now the new king is renewables. If the west doesn't keep up it will become the under dog to those that do go with the best technology.
  22. 2 points
    Just a small interjection here, if you don't mind: The differences in society and the populations involved factor heavily into the points about health care. The VA reference is absolutely valid in the U.S., but in relatively small countries with little global military commitments, not so much. Please continue, your conversation is fleshing out some good details. I don't know if they can be applied each to the other, but they are good points nonetheless.
  23. 2 points
    I think a lot of women in Europe simply have other interests they would rather pursue than raising children. Also, a lot of women are delaying having children in favour of career building and some delay it too long. You're free to blame radical feminism for that. I probably would if I thought it's appropriate to lay blame. Also, I think reproductive problems are on the rise at least in certain parts of Europe. Not sure about the factors at play but there's probably a multitude of them. Isn't the "terrible world" argument old? I so thought it was.
  24. 2 points
    I don't deny any of questions / points you raise. I think we agree on more than we disagree. Where we seem to disagree is that you seem to be leaning towards "zero sum thinking", whereas I am the opposite. I honestly believe that regulated economic growth (regulated so as to avoid things like child labour, trade imbalances i.e. things any reasonable person can agree is horrible) through the free market and innovation can lift people out of poverty. Everywhere I have travelled in Africa and South America I have encountered people that want to work and make a living for their families. That means the basis is alrigth. There is something to build on. Now, I am not naive - the world will not change over nigth and nor will peoples attitude.
  25. 2 points
    When was the last time the dow jones closed down 800 points, and the nasdaq 300? As i pointed out in the first post, many fundamental principles of a healthy economy are lacking in the USA. First and most importantly is science. Even within our political sphere, religion ends up dictating a large percentage of how the government is run. Philosophically speaking, if a state,or society, are choosing political leaders based on religion, rather then economic and scientific abilities, then consequently, such officials, who are campaigning on religious principles,fail at executing proper strategies of governance. A stong economy demands proper public private partnership, but the private will destroy itself, and the public will too. Both parties must be intelligent and capable. A weak pillar will only allow the place to collapse. Although the US has just as much potential as every other nation, its degraded culture and systems will surely interfere in its true prosperity. For example, Immigration. Immigration has and always will be the back bone to developing societies. Without human migration, the world would have been even more fractuered then it is now. Racism is a sign of a weak and fragile economy. Any human being who feels entitled to any one portion of planet earth has another thing coming. WE have become so ignorant about what life actually is. This is a sign of a weak economy. obviously we have pride in our homeland, and our families home, but we become complacent inside our own boring culture. Until you understand that human beings are human beings are k, no matter how they speak or look. Diversity is a precious element of a strong economy.
  26. 1 point
    It did, and I found it interesting, but to be honest I need to go back and review it again. This stuff is seriously outside my ‘comfort zone’.
  27. 1 point
    Those were just examples where normal citizens can have different views on issues that some people call polarization. It’s not just a black and white issue. It’s all issues. While I pick on Republicans “right” on many issues I have issue orientated opinions that disturb the “left”. Answer your question? BTW, that post was pure propaganda IMO. I have yet to meet anybody except online who would dream up a conspiracy like that. Although I did see a “right” site claiming the government was causing droughts in Texas. We have had major floods since. Lol
  28. 1 point
    Before oil humans may have had a brief vibrant life and then died at an average age of 35. You can celebrate the winning. I’ll take the losing with all its faults. As far as Iran goes ask them to act like Sweden and they to could join the free world instead of having to cultivate relationships with Russia, China, N Korea, Syria and other countries where humans have few rights and are dominated by a handful. Democracies are far from perfect and are still a work in progress. Our leaders are rejected on a routine basis. But hey, there is hope eternal for more cooperation and common sense. Just being able to type this on a public forum without fear should be a worldwide right. One that Iran and those other countries don’t have.
  29. 1 point
    That "we can't cut in winter" was a brilliant joke. last time they agreed to cut it was again December. Please. Sure, cutting will take place gradually but it's not like they'll be doing it for the first time. They just don't want to cut, that's all.
  30. 1 point
    Just realized though its a profitable trade, this wasnt a good trade. Tomorrow will be another day.
  31. 1 point
    Well the very least you should post a screen shot when you actually close your trade! Too many people get greedy and hold to long only to watch what once was a winning position, turn into a losing one. Show these "experts" how it's done and post those gains when you close these bad boys! They will wish they had your system when they see your final net gain after you close it.
  32. 1 point
    update so i showed you the good and the bad
  33. 1 point
  34. 1 point
    So, you're saying prices won't touch yesterday's high and will start drifting down towards 50 today itself ?
  35. 1 point
    Moral of the story: Everybody stop bashing each other simply because of what country people come from.
  36. 1 point
    Heartwarming Dan, I am very grateful to have gotten out of California 32 years ago. I have lived two lives plus 26 months in Germany as a young soldier. Traveled all of Western Europe. Now we visit California during the Winter or whenever something calls us there. Small town USA is my choice and I like lots of green plants. Fortunately, we often get that and the flowers in the winter in California too.
  37. 1 point
    Well I'll be darned. Hello once upon a time, sort of, neighbor. Now I wonder if we've met. Quite possible given my farm industry jobs, girlfriends and friends in Mr. Auburn, school sports functions, restaurants and bars. Take care.
  38. 1 point
    Now here's the scary part: there are probably autos buried underneath those snowbanks! So the State cannot run a snowplow through there, or one of those huge Sicard snow-throwers, or you will be chewing up auto fenders and spitting them onto the house lawns. That actually happened to a buddy of mine in Montreal, he had one of those Volkswagen Beetles, it had a nice round mound of snow on it, the Sicard driver took it for a windblown snow mound, and hit it with the chew blades. I think the machine stopped chopping when it hit the engine block. Oh, well.
  39. 1 point
    Dan, I just found your post. I moved to Mt. Auburn which is walking distance from Illiopolis. Lived there twenty years, now in Decatur. Mt. Auburn is my wife's hometown. Our ice storm was not quite as bad as yours, but we moved to Decatur to be closer to our jobs and emergency services. I have now spent nearly half of my life here. I was born in Michigan but spent nearly half of my life in various areas of California also. Thanks for the pictures, my wife was in Springfield during the ice storm. She mentioned it several times.
  40. 1 point
    What part of IL, Ron? I grew up and lived in Illiopolis until I was about 23. My direct family still lives all around IL, with most concentrated in the Springfield area. And which ice storm are you recalling? The one in the late 1978 was the worst I lived through, AND we had a blizzard that year as well, but my folks had photos of one before that that was a doozy. Of course there have been a few since then, but that one in 78 shut us down for weeks and all of us kids had a great holiday. Nights were spent in the kitchen playing games with blankets on the doorways and the oven on for gas heat. 3 or 4 blankets on our beds. Great fun for a kid; major problem for the adults! Ha-ha! Some great photos at this link: Illinois ice storm 1978
  41. 1 point
    Oh dear part two didn't get any better. Ok cobalt, the fossil fuel industry has used alloys with this in for years. Now EV's are starting to but they are trying to source it from decent places, not like the fossil fuel industry has ever given a dam. Yes EV charging points need to be built, especially for those that can't charge at home, but it's really not such a massive thing compared to projects done by the fossil fuel industry. Hydrogen cars aren't going anywhere. For a start cleaning that air for the fuel cell is a nightmare. Bigger stuff maybe especially ships, renewables will supply that hydrogen quite cheaply. How much FUD can you come up with on renewables, they are taking over. Fossil fuels gets subsidise, all those external costs like human health and normally the poor face the worse of the pollution. Solar panels full of toxic waste, what world are you living on? Actually even with costs getting below fossil fuels renewables employ more people giving more jobs. You know fossil fuel cooling towers kill massive amount of birds. That's shows how out of date your information is, quote "NASA uses hydrogen fuel to launch space shuttles.", when the hell did the last space shuttle fly. "and nuclear, where the waste is not "waste" but a resource that can be returned to" what? I used to be a nuclear operative working on a decommissioned reactor, masses of really shitty horrible waste from that. You spout this sort of rubbish on any decent media outlet you will be a laughing stock, maybe it works on seeking alpha or infowars but really WTF.
  42. 1 point
    Most people I have met around the world want the same thing - make a little money and give their families a better life. Yes, there are radicals - the always will. My point is just that poverty (also comparative poverty within a society) is a petri-dish for radicalism. Back in 1969 Elvis said it like this: People, don't you understandThe child needs a helping handOr he'll grow to be an angry young man some day?Take a look at you and meAre we too blind to seeDo we simply turn our heads, and look the other way? So, Elvis was talking about crime, but the principle is the same. Does this + my other example explain it? to be clear - I believe radicalism of any kind has no place in society.
  43. 1 point
    A further example : 6-7 months ago I helped a somali immigrant in his 30s. He had been in Denmark for 3-4 years and just living on social benefits. I asked him what his training was. None really, just hard work in agriculture. I asked him what he had been doing to find. He said that he had been taking Danish classes etc learning to write CVs etc. In fairness his basic Danish was understandable. Far from good, but understandable. He said "they" couldn't find him a job. I said : What have YOU done? he said everything they told me. I said : Are you willing to work hard? He said yes, I want to feed my family. I said OK. First thing you need to do is drop this attitude that "they" need to find you work. I called a friend who owns a scrap yard. I asked if he could give this guy a chance. Last I heard the somali immigrant started an apprenticeship with a local small shipyard August. Above is an example of faulty immigration policies. There was a man who wanted to work, but instead helping him into employment we sent him through schooling, tried to teach him write CVs whilst living on social benefit. What this man needed was a chance to prove he could work. That was it. he needed to be taugth to seek out possible employeers and say : I may not speak Danish very well, but I can work hard. Do you have any openings? Can you give me a chance? He needed to be taugth our social codes. Was it his responsibillity to learn this? Yes. Would he have learnt if I hadn't explained it to him in simple language? I don't know. Would he have gotten the first chance if I had not opened the door? Probably not. Is everybody happier? Yes. Now, instead of sitting with his friends chewing khat and getting drunk talking about how horrible Denmark is, he going to work. I don't know what he says to his friends in his time off of course, but there is a chance that he is actually saying Danes are not all bad. And telling them what worked for him. And atleast for the time being he is off welfare, so tax payers should be happy.
  44. 1 point
    Agree 110%. I would not want my daughter to have to cover herself either. All I am saying that, at least in Denmark, there is a very large and loud minority that does not want to move at all. And that is not helping. Thankfully, in my life I have meet many moderate muslims. The common denominator for all of them is that they are economically integrated, which leads me to believe economic inclusion is the only real remedy.
  45. 1 point
    @Epic Firstly, I never defined diversity as race. The context for @Marina Schwarzs blog post was cultural diversity. Secondly, I am explicitly saying that the single largest reason for problems with immigrants in Europe is NOT that their culture is different. It is that they are NOT economically integrated into our societies. This is then made worse by the cultural differences. Something you seem to agree with: I am NOT denying anything you are raising. I am simply saying that the only way to fix this is to change integration policies so we can achieve economic integration. There is historic precedence for this : back in the 80s and 90s there was a saying that no country with a McDonalds in it had ever attacked America. The point was once people experienced economic growth they did not want to return to the life they had before. To elaborate on my view : How we design our integration policies CAN define how immigrants interact with our societies. The very first communication lesson I learned was that there is a sender and a receiver. As sender you need to think about how the receiver interprets your message. Our immigration policies are designed believing the recievers are like us. Of course they fail. @Jan Van Eck would put this down to poor quality bureaucrats. Now, you can say - if they come here, they need to adapt to us. Whilst the statement makes sense, it is not working. So, who cares if we need to re-design our integration policies if that works? Seriously, who cares if we need to meet them at their level if it makes these problems go away. I don't. I am a very pragmatic person. Immigrants will keep coming. Regardless of what border control means we put in place. Take one look at living conditions in Africa and compare them to Europe. So, why not do something real about this?
  46. 1 point
    Sadly, these headlines are not going away anytime soon. Even more sadly, there are certain groups of women who blame this, too, on the local men and "the patriarchy."
  47. 1 point
    Update. Amusingly, Malaysia's former Prime Minister weighs in with ZOMG THE SKY IS FALLING ELEVENTY ! ! panic. Funny the former PM didn't feel that way when he was the Prime Minister. 1MDB was a disaster under the former PM's watch, and the country is still trying to recover from the financial mess left by the former PM. Just a reminder that a couple years ago, the former PM forced Petronas to borrow money in order to pay a dividend much higher than Petronas was able to afford. Former Malaysian PM Warns Of "Economic Crisis" If Brent Trades Below $70 Najib Razak, the former prime minister of Malaysia, warned that the country is headed for an economic collision of massive proportions should ICE Brent Crude contracts trade below $70. As of Friday, Brent Crude contracts settled at 70.18, which he also warned that Moody's decision to downgrade the country's credit rating to negative could be imminent. The former prime minister, who was previously arrested in July for involvement in the 1MDB scandal, explained in a Facebook post that the recent bear market in oil would see the country's deficit explode and the Malaysian ringgit continue to depreciate as the Federal Reserve signals further rate hikes. This, Razak said, the country would have to issue a higher dividend to cushion the shortfall in revenue for Petronas, the country's national petroleum company. ... All eyes on Malaysia for 2019, as it could be the canary in a coal mine for the next economic crisis.
  48. 1 point
    For starters - I am sorry if I came across as trying to paint a picture of myself as being noble. That was not my intention. I actually think you are missing my point. I believe that if we turn immigrants into a positive resource then that has a positive impact on society, An impact that is to the benefit of natural born citizens as well, including myself and my family. Like it or not, as far as Europe is concerned, immigrants are here and they will keep coming (this is a fact - look at living conditions in Africa and compare to Europe). We can then choose 1) spend money on keeping them away which won't work or 1) spend money integrating them into our economy so that we create growth at home and 3) enact policies that allow them to build their own economies... this is the only sustainable way to stop migration. The problem with my approach: 1) It aims at the longterm. No short-term relief. 2) No short-term feel good by watching other being miserable. Fundamentally, I believe that anti-immigrantion parties through-out the West does not actually help the people they claim to be helping. However, they do a good job giving that impression. Now, you could rigthfully say that it is easy for me to take this stance as I am not in the middle of the problems. I have no counter to that. I know that it easy for me to point to solutions when I am not feeling the brunt of the pain in my near or extended family or community. But it does not mean that I am wrong either. This is just plain wrong. As mentioned in another thread - the total social cost increases when more people are covered. That is a fact. I am happy to have a discussion about different approaches and points of view. that is good. But statements that blatantly ignore facts does not belong in a serious discussion.
  49. 1 point
    My point is simply that immigrants can be a resource. To an extent maybe an unwanted resource, but a resource none-the-less. A resource with capacity for good and bad as all human beings. How we choose interact with them has a big impact on how this resource develops. If we see and treat them as a paria that then likelyhood of them becoming that is bigger. Whereas if meet them at their level and speak to them in way they can understand we can develop this resource in a positive way. You will say : why should we? it is their responsibillity. My answer is : What does it matter whos responsibillity it is if it works out well for all parties? In another thread you mentioned that immigration causes downward pressure on wages. My answer to that is that competetion is good. Competetion makes us do better, innovate... in short create growth. I understand that this has to be balanced and not just achieved on the back of cheap labor. I am an employer. I will always hire the best candidate. Regardless of religion, skincolour or passport. Interestingly, The best candidates do not always look like me. What we look for when we hire is willingness to learn and work. that's it. When then put a lot of effort into training.
  50. 1 point
    The more Iranian oil that China and other buy the less Russian oil they need. I would think their interests would be in others selling less.