Adonis Diaries

Tidbits #44

The US national debt (the amount the federal government has borrowed over the years and must pay back) is $23 trillion and growing. We’re paying more than $270 billion just in interest on that public debt annually. And the top two foreign countries who “own” our debt are China and Japan. (The irony is that Japan is the second most indebted nation. Go figure)

“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” ― Frédéric Bastiat, French economist

In Minneapolis, between 2000 and 2018 unemployment rose from 6.8% to 8% among black people, while it dropped from 2.5% to 1.9% among whites. In many other US cities where protests have erupted in recent days, the pre-pandemic racial gap in unemployment is striking:

In one hour, our organs consume 100 Watts bulb. We salivate about one litter a day. The total surface of our small intestine is 7 km long

We have two sphincters: one external and one internal.The internal is ready to let go anytime, The nerves of the external is linked to our brain that gives order for the go ahead

I say: Any childhood changes (locations, schools…) is a life changing path . Too many of these child a-changing leave you stuck in a maze.

Chasing after anyone or anything demands plenty of energy. The source of that energy is Temporary Insanity.

The developed States don’t want a reduction in oil prices: they want to preserve the tax revenue in the gas stations, lest the citizens revolt for paying no legal taxes on gasoline in “free markets of demand and offer”

The US national deficit (the difference between what the government spends and the revenue it takes in) is projected to surpass $1 trillion every year.

Germany enables employers to furlough (and keep) staff, with state assistance, while the US has focused on strengthening unemployment benefits.

The 10 ASEAN countries, many of which have rapid growing economies, are importing more Chinese goods than American for the first time,

The biggest percentage drop in air pollution, no surprise, came from the aviation industry, with a 60% decline, or 1.7 million metric tons. The biggest raw drop in emissions came from surface transportation, which fell by 36%, or 7.5 million metric tons. That figure includes personal vehicles as well as trucks and domestic and international shipping. (Read lately that air pollution in Pekin has gone back as bad as before Covid-19)