SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (182283)1/4/2022 6:18:37 PM
From: TobagoJack  Read Replies (3) | Respond to of 217732
 
I am looking for good news in all the wrong places

bloomberg is not at the two poles of this planet

I found it, the good news, in south china morning post















scmp.com

Asteroid with more force than biggest nuclear bomb to come close to earth in 2029

Apophis’ path projected to be the planet’s closest encounter with such a large asteroid Russian scientists say it could come close to the distance at which TV satellites orbit, but chances of striking one are tiny, according to Hong Kong experts


Scientists in Hong Kong said it was highly unlikely that the rock would hit satellites or the Chinese or international space stations in low-Earth orbit in 2029, although its path would be clearer closer to the time.

“The predicted distance of closest approach is out in the region inhabited by [TV] satellites, but the chances of an impact with any satellite there are minuscule given the relative sizes and speeds compared with the volume of space,” said Quentin Parker, head of the Laboratory for Space Research at the University of Hong Kong.


Nasa launches mission to deliberately smash spacecraft into asteroid

24 Nov 2021

“The International Space Station and [China’s] Tiangong space station are in a much lower Earth orbit of less than 500km [310 miles] and again the risks are minuscule.”

The Earth would still have its closest ever encounter with an asteroid of such scale, Parker said.

“[Apophis] will pass 10 times closer than the moon and is only about five times Earth’s radius away,” he said.

“We have around 500 geostationary satellites that are further away than where this object will be at its closest approach, so it is considered to be the closest asteroid of its size in recorded history.”

Lee Man-hoi, a planetary dynamicist who heads the Earth sciences department at HKU, said that on average an asteroid this big was “expected to impact Earth once in about 100,000 years”.

“The probability that the asteroid would hit a [satellite] in 2029 is very low,” he said.

Nasa removed the rock from its risk list after its calculations in March and said that Apophis’ approach would be an exceptional opportunity for astronomers to observe a “solar system relic” close up.

The Russian ministry’s researchers estimated that if the asteroid struck Earth, it would release energy equal to 1,717 megatons. That would be 30 times the force of the Soviet Tsar Bomba tested in 1961, the largest nuclear bomb ever detonated.



How 23 giant Chinese rockets could save world from asteroids

6 Jul 2021


Such an impact would cause a 6.5-magnitude earthquake over a radius of 10km, with wind speed of at least 790 metres per second, according to Sputnik. By comparison, a tornado with wind speed of about 90 metres per second would be capable of sweeping away well-constructed houses.

Parker, of HKU, pointed to the Tunguska event in Russia in 1908, which had the largest impact on Earth by a celestial body in modern history.

“[It] had a diameter of only about 60 metres or so, and a 12-megaton explosion that still flattened 2,150 sq km [830 square miles] of Siberian forest,” he said, adding that the damage from any impact by Apophis “would be considerable whether on land or ocean – think tsunami”.



To: maceng2 who wrote (182283)1/5/2022 5:14:55 AM
From: TobagoJack  Respond to of 217732
 
Re <<pond is big enough>>

Something about 2026 - 2032 etc etc, or just a coincidence.

linkedin.com

The Changing World Order: The New Paradigm



At the risk of boring you by repeating myself, now at this beginning of the new year and with the publication of my book Principles for Dealing with the Changing World Order, I want to concisely convey the most important thoughts I have about the paradigm we are now in, which is a result of how the world order appears to be changing. To be clear, while I express concerns and risks, I believe that we collectively have the power to manage our challenges well if we are smart and considerate with each other. Also, please know that I am not sure that any expectations I have are right. I’m just passing along my thinking for you to take or leave as you like.

MY CONCLUSIONS UP-FRONT

The world order is changing in important ways that have happened many times before in history, though not in our lifetimes. How the world order is changing has created the paradigm that we are in. By “paradigm,” I mean the environment that we are in. Paradigms typically last about 10 years, with occasional big corrections within them. They are driven by a persistent set of conditions that takes those conditions in a swing from one extreme to an opposite extreme. Because of this, each paradigm is more likely to be opposite than similar to the one before it. For example, the Roaring ’20s were followed by the depressionary 1930s, and the inflationary 1970s were followed by the disinflationary 1980s. The assets and liabilities that you would most like to have, and those that you would most like to avoid, change with the paradigm that exists at the time. For example, in the Roaring ’20s you’d want to own stocks and avoid bonds, while in the depressionary 1930s it would be the opposite; in the inflationary 1970s you’d want to own hard assets like gold and avoid bonds, while in the disinflationary 1980s you’d want to own financial assets and avoid hard assets.

For reasons explained in this report, I believe the current paradigm is a classic one that is characterized by the leading empire (the US) 1) spending a lot more money than it is earning and printing and taxing a lot, 2) having large wealth, values, and political gaps that are leading to significant internal conflict, and 3) being in decline relative to an emerging great power (China). The last time we saw this confluence of events was in the 1930-45 period, though the 1970-80 period was also analogous financially. In this piece, I will explain my reasoning and show charts that display these things happening. (For a much more comprehensive description, read Principles for Dealing with the Changing World Order.)

What should one do in this new paradigm? This paradigm is leading to a big shift in wealth and power. Naturally, as a global macroeconomic investor, the economic and market behaviors in this paradigm are top of mind. I think one should consider minimizing one’s ownership of cash and bonds in dollars, euros, and yen (and/or borrow in these) and putting funds into a highly diversified portfolio of assets, including stocks and inflation-hedge assets, especially in countries with healthy finances and well-educated and civil populations that have internal order. These things are especially important in this paradigm. In brief, I think one’s assets and liabilities should be well-balanced with minimum exposures to dollar, euro, and yen currency and debt assets. During this time, I also think it will pay to be short cash (i.e., borrow cash). Of course there will be corrections during the several years in the paradigm—for example, in central bank tightenings. But I don’t see any sustained period in which the government will likely allow cash returns to be better than the returns of a well-diversified, non-cash portfolio (e.g., All Weather) geared to the level of risk you’re comfortable with because that would cause terrible problems. These circumstances also have big geopolitical implications, which I will touch on here.

Now I will show you the reasoning behind my conclusions. Please do not just believe my conclusions because I don’t want you to blindly follow me. I urge you to challenge my reasoning and see how it goes. I hope the picture comes through clearly in the charts and text that follow.

THE FOLLOWING ARE THE THREE BIGGEST ISSUES THAT I WANT TO FOCUS ON

1) Big Debt and Debt Monetizations, Particularly in the World’s Leading Reserve Currency

2) Internal Conflicts over Wealth and Values Gaps

3) External Conflicts, Most Importantly the Rise of a Great Power (China) to Challenge the Existing Great Power (the US)

The confluence of these three issues is shaping the type of paradigm we are in. While I can’t cover them in depth in this brief report, I can hit the most important aspects of them, particularly of the debt/money/investment issue because that’s an area I have devoted my life to. All three issues transpire in cycles driven by cause/effect relationships that are logical and can be understood. It is important to understand how these cycles work and where we are in them.

Etc etc etc …