“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good, will torment us without end for they do so with the approval of their own conscience.”
I deed. If you don’t like fracking — I don’t unless we have to — build nuclear power and make your own synfuels, ammonia, H2, O2, electric energy, process heat, etc. Stop buying this from Evil People, cartels, and such. It’s not hard.
On point, most of our consumer goods come from countries who have atrocious human rights records, even active genocides like China but we don't even make a peep about that. Carbon credits are the worst. We pay some poor country to pollute so we feel good about not polluting. It's all scams to redistribute wealth to those who came up with the scams.
I will observe that if those nations fall into default, the major impact is on the banks that loaned money to them, which was used to buy western goods, or else looted by politicians who later flee to Europe after depositing their ill gotten gains into European bank accounts (Switzerland, Andorra, Liechtenstein, Isle of Man, Bahamas, Panama.) Most (all?) of those nations will be better off if they default, because they generally have something, (oil, gas, crops, meat products, minerals) that the rich world requires, which is why they got loans in the first place.
Banks? It’s starving children because the adults can’t find good work. No work. No food. Lots of suffering. I lived for two years in one of the poorest nations on earth. It gave me some perspective.
China does a better job in Africa (which is most of it). China provided essentially all of the poverty alleviation of the past couple decades in Africa.
Read the book, or at least the summary. It's worth understanding the game.
“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good, will torment us without end for they do so with the approval of their own conscience.”
-CS Lewis
I deed. If you don’t like fracking — I don’t unless we have to — build nuclear power and make your own synfuels, ammonia, H2, O2, electric energy, process heat, etc. Stop buying this from Evil People, cartels, and such. It’s not hard.
On point, most of our consumer goods come from countries who have atrocious human rights records, even active genocides like China but we don't even make a peep about that. Carbon credits are the worst. We pay some poor country to pollute so we feel good about not polluting. It's all scams to redistribute wealth to those who came up with the scams.
Energy products are just such a glaring example of this I just can’t stand it. The hypocrisy just stuns me to the core
I will observe that if those nations fall into default, the major impact is on the banks that loaned money to them, which was used to buy western goods, or else looted by politicians who later flee to Europe after depositing their ill gotten gains into European bank accounts (Switzerland, Andorra, Liechtenstein, Isle of Man, Bahamas, Panama.) Most (all?) of those nations will be better off if they default, because they generally have something, (oil, gas, crops, meat products, minerals) that the rich world requires, which is why they got loans in the first place.
https://jamesclear.com/book-summaries/confessions-of-an-economic-hitman
Banks? It’s starving children because the adults can’t find good work. No work. No food. Lots of suffering. I lived for two years in one of the poorest nations on earth. It gave me some perspective.
I have also.
China does a better job in Africa (which is most of it). China provided essentially all of the poverty alleviation of the past couple decades in Africa.
Read the book, or at least the summary. It's worth understanding the game.
So brutal and yet so true.