Adonis Diaries

Posts Tagged ‘recession

Tidbits #10

“Children are much easier to reach with advertising. They pick up on it fast. And quite often we can exploit that relationship and get them pestering their parents.”Stephen Colegrave

Pestering is one of the Power of children: Lucy Hughes has identified two distinct forms of pester power: “persistent nagging,” characterized by frantic whining, and “important nagging,” in which children present their parents with a reasoned case for the object of their desire.

The 10 largest fortunes with links to greenhouse gas emissions are valued at $537 billion.

What are the economic threats that could cause a recession? 

  1. Corporate debt in the US and emerging markets,
  2. the trade war, and
  3. An over-reliance on central banks are among the many imbalances that could contribute to a crisis this year. And now coronavirus and fear for tourism activities

Wuhan, China. Two hospitals are being constructed for coronavirus patients in a matter of days.Millions are watching livestream footage that shows a ballet of bulldozers and trucks racing to complete a 1,000-bed hospital by Feb. 3 and a 1,300-bed one a few days later.

Do you know that Chinese in large cities are confined in two dozens high rise building around a commercial center? Each of these “autonomous” compounds can host about 50,000 persons. No surprises that epidemics can spread quickly.

The Trump Administration’s decision to cancel a policy to eliminate all antipersonnel landmines reverses years of steady steps toward alignment with the 1997 treaty banning the weapons.

The last big locust crisis, in north-west Africa, lasted from 2003 to 2005 and caused an estimated $2,5bn worth of damage to harvests. ⁠Now the locust is spreading in East Africa.

At the point where the states of Laos, Myanmar and Thailand converge sits a casino “Laos Vegas”. ⁠ It is a palatial confection featuring faux-Roman statuary and ceilings covered in frescoes. Inside “Laos Vegas” the croupiers accept only Chinese yuan or Thai baht.

Of the 821 million hungry people on the planet, 60% are women

Last year the average income of the richest 1% of Brazilians was 33.8 times that of the poorest 50%, a ratio surpassed only by Qatar. ⁠

Bolsa Família (Family Fund), a conditional cash-transfer programme that supports millions of poor Brazilians, was once a model anti-poverty programme. ⁠Jair Bolsanaro started cancelling payments to existing ones. ⁠

The 13th Amendment to the U.S. Constitution, stating “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.”

Post-partum hemorrhage accounts for one-fourth of maternal deaths worldwide.⠀

Out of the dozens of articles I’ve read about the virus, I can only condense one helpful piece of advice: Wash your hands properly and dry them on clean towels.’ (Better, use paper towel). Paper face mask is a illusion

“The world today has very few institutions that can go out and do the reporting independently, powerfully, and that’s what I want to do,”

South Korea launched the world’s first air quality satellite. Chollian 2B will monitor fine dust and other air pollutants in the East Asian region. The information it will gather could pave the way for a new disaster relief communications system.

Are you searching for a Job? (May 29, 2009)

 

            I recall that in 1991 the US was in serious recession during the Bush Sr. Administration and jobs were frighteningly scarce.  I had graduated with a PhD degree in Industrial/Human Factors engineering and missed better periods for hiring academicians. I was working as assistant to manager at a retirement community in Downtown San Francisco and visited an employment center on Van ness Street. It was a center meant to help you out re-write your CV for the nth time anytime you wanted to apply for the scarce job announcements posted in the center.  People swarmed this center just to feel busy and serious about searching for a job but not that hot for finding one.  I guess the center was one of the hundreds of facilities with the sole purpose to blaming the citizens for failure to doing their due diligence and compete since no one is about to beg you to work for them.  If you failed to re-write your CV and spent more money on useless stamps then you are not making good use of this “valuable” help facility. 

This was the period when ridiculous denials were the custom of the land. For example, this custodian at NASA who claims that he is contributing to sending astronauts to the moon; or redefining their jobs as sanitation “engineering”.  I recall that I was forced to accept a job cleaning and vacuuming the main library while working on my dissertation. I fooled my spirit into believing that as long as I am doing my job perfectly and with excitement then I am learning the value of a job well done, sort as a training period for toughening my character.  A state of denial is not a bad reaction; it is the string of successive states of denials that can be deleterious to your development.

This is no time for denial; get on it and find your own line of business.

 

If you loved your fields of “expertise” before you were fired then it is a matter of dignity to continue your education, update your knowledge, and “re-cycle” your skills in what you do best.  Otherwise, consider this liberty from an unsatisfactory job to revisit what you love to do next that would transform your wretched life into something of value to your pocket, nerves, and your soul.  Mindlessly resuming wasting your time and energy on “procedures” that millions are following without true hunger for what you like to work in and the conditions that suit your character is the road to hell.

 

Unemployment is increasing at a faster pace and the out of jobs in developed nations are anxious, except in the USA.  Not that the US has the potential to creating new jobs quickly but because the US citizens learned that unemployment is a period for working harder to locating a new job; they were indoctrinated that unemployed should invest 14 hours searching simply because the misery unemployment benefit is targeted for searching full time for a non-existing job.  For example, people still listen to the “guru” Harvey Mackay who said “Once you are fired then you have a new job; a harder job than your previous remunerating one because you should realize that you are required to invest 16 hours searching for a job” It is way of enslaving the mind of citizens and diverting them from getting on the march requesting answers to the state of affairs they are paying so dearly for.

 

Sir, there are no jobs for hire.  People who managed to retain their jobs are frantic about ways and for how long they could keep it.  Owners of enterprises are re-organizing and “re-structuring” their line of business until they figure out and absorb the new legal loopholes to cheat out the government for fresh money.

Sir, it is time you figure out your special skills that you have forgotten or never believed that people appreciated. The time for mass consumerism for redundant and similar items is coming to an end.  People are searching for value added products that express individuality, personal skills, and talent.

 

Sir, this is the time to militate for State health coverage, to joining organization helping the unemployed to re-cycling their skills, re-connecting to your professional associations and working for bureaucratic changes, newer opening, training, and facilities. This is an excellent time to joining the activists who are re-thinking alternative economic and financial systems.  The last think you need to believe and erase it from your mind with utmost prejudice is that searching for a job is indeed a full time job! Re-cycling skills that you hate and abhor is not a panacea either. 

            One thing is true: you are free at last to think straight, reflect about your life, your strengths and weaknesses, your set of values and what a world you want to live in.  You have vast potentials if you focus on your capabilities and concentrate on your forgotten skills.

 

Note: The theme was partly inspired from a short article by Barbara Ehrenreich.

Are you poor? Raise your hand! (Part 2, January 21, 2009)

The year 2009 is going to be far worse than last year economically and financially around the world:  

1. most of the capitalist investments are due to be paid this year:

2. many companies purchased in the diversification strategy have folded up and resources generated somehow not satisfactory;

3.  more creative financial gimmicks have to be invented and demands for bailout funds will be at an increase.

            Germany, Spain and Japan have established part-time job systems to absorb unemployment;.

In Japan 35% of the work force is part-timer; syndicalism is taking a new life in this country that promised life-long employment once hired. 

The part-time job agency Wuppertal (Germany) pays 2.70 Euro an hour and Germany has been reluctant to set a minimum wage level but the current rate fluctuate around 5 euros; in France it is 8.7 euros. 

There is nothing wrong with part-time jobs system as long as there is National health coverage and the work culture does not discriminate part-time workers and work classification as character failure.

60% of US unemployed have not health coverage because coverage is paid the employer; and thus, many members in the family of the fired worker lost their health insurance and lines are forming near health care charity providing institutions.

I experienced this condition in the US in 1997; I was losing weight though I did not feel sick; it was the allusions and the behavior of my acquaintances that scared the hell out of me, but I had no resources for a check up, I finally discovered a benevolent clinic; the physician told me that my nutritional intake was not adequate; instead of receiving money for food “quality” I had to pay ten dollars. for this diagnostic. 

In Spain, retired people receiving 525 euros per month are adopting the roommate accommodation style to cope with rental expenses. 

In Portugal more than 12% of homeless individuals have jobs but cannot afford to rent shelters.

And you start wondering how these homeless workers can resume construction jobs without warm and comfortable beds.

You start assuming that job related injuries would increase dramatically.

The nervous state of job insecurity will increase health deterioration and raise insurance rates. A vicious cycle of miseries that will not spread charity tendencies toward the much less developed States in Africa, Afghanistan, Palestine, Bangladesh, and the over two billion individuals earning less than one dollar a day or having a miserable meal every two days.

A reminder: The casualty toll in Gaza has climbed to over 1,400 dead; more children are dying from the detonation of bombs that did not go off. 

There are more than 5,400 injured, among them 2000 babies disfigured by phosphorous bombs and shells. 

Israel claims that the parachutists had to cover their landing by burning the land and people for their missions. 

More than 500 of the injured babies are dying, which will raise the death toll to over 1000 Palestinian babies “martyred”. 

We still have to wait for the final count: many bodies are to be extracted from the rubbles of demolished buildings.

The UN Secretary General visited Gaza and was appalled; he insisted that investigations for the destruction of the UN facilities will be conducted; what about the genocide?  What about financial retribution for the victims?

Nobody believes that Israel will ever cease fire; Israel was created as a mercenary State… 

What is sure is that many Israelis must be feeling very ashamed: the world community has finally discovered the true spirit of Zionism.


adonis49

adonis49

adonis49

December 2020
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