Pondering.....
Could this thing be nature's way of correcting overpopulation?
ie, a biological market correction.

Anybody remember the old Star Trek episode where the away team lands on a planet with only young people because all the old people died off?

Getting rid of grups is a recurring theme in sci fi stories. Eg. Logan's Run.

Pondering.....
Could this thing be nature's way of correcting overpopulation?
ie, a biological market correction.

Anybody remember the old Star Trek episode where the away team lands on a planet with only young people because all the old people died off?

Getting rid of grups is a recurring theme in sci fi stories. Eg. Logan's Run.

liberal thinking you got going on



I remember that from the original Star Trek



maybe we should have carousel ?


but I think Ace Hunter can save us from Covid19..."Deeds not Words"



so that we don't have to turn into Damnation Alley

Getting rid of grups is a recurring theme in sci fi stories. Eg. Logan's Run.

Soylent Green anybody ? 

Soylent Green anybody ? 

you old...

you old...

Are you insinuating nobody ever watches movies made before they were born?

If that's true, a great many people are missing out!   

Are you insinuating nobody ever watches movies made before they were born?

If that's true, a great many people are missing out!   

Andromeda strain from 1971.  Where the government actually tries to contain a virus. 

you old...

Eat me ! 

Eat me ! 

Old meat too tough...

Northern italy quaranteing 16million.

On a side note, i watched 10 seconds of the stephen steponnappo something and had 1 guy blaming trump. Saying he is doing nothing to prevent this. Ummmm, be blocked chinese from coming in early on. I had to turn. Same ole fake news.

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Well, a lot has happened this weekend. Looks like Italy is closing off their rich districts as CMO mentioned above. That is serious stuff.

But the big surprise this weekend was Saudi Arabia, Russia and OPEC. Since countries are closing off areas and travel has decreased significantly all over the world, demand for crude oil has dropped. It seems that Saudi Arabia wanted OPEC to cut oil production because demand for oil is slowing. Russia, being a member of OPEC gave OPEC the finger and refuses to cut production. Meaning they will produce more than demand causing the price to drop. If they cut production along with the rest of OPEC, the price will stay fairly stabile. Assuming everyone cuts production, they will make good money per barrel but not produce as many barrels. But because Russia turned their backs on OPEC and the Saudis the Saudis decided to take things into their own hands and increased their production. In essence dropping the price and competing directly with Russia. But now supply is much higher than demand. So the price of crude oil dropped 25% down to $34/barrel by late Sunday. This is a HUGE drop in such a short period. And the Saudis are much more efficient at production and can weather the price drop much better than the Russians can. So not only can we look forward to cheaper gas, but Russia is going to get hurt financially over this. Big time. I wonder if they are going to take some sort of action militarily against the Saudis? Just a thought.

Our oil industry is also going to take a hit since the price drop will hurt us as well. Stocks will probably drop. Not just the oil stocks but the wider markets as well. This will slow our economy. So it looks like in the short term things are not getting any better. But we’ll get cheap gas.

Well, a lot has happened this weekend. Looks like Italy is closing off their rich districts as CMO mentioned above. That is serious stuff.

But the big surprise this weekend was Saudi Arabia, Russia and OPEC. Since countries are closing off areas and travel has decreased significantly all over the world, demand for crude oil has dropped. It seems that Saudi Arabia wanted OPEC to cut oil production because demand for oil is slowing. Russia, being a member of OPEC gave OPEC the finger and refuses to cut production. Meaning they will produce more than demand causing the price to drop. If they cut production along with the rest of OPEC, the price will stay fairly stabile. Assuming everyone cuts production, they will make good money per barrel but not produce as many barrels. But because Russia turned their backs on OPEC and the Saudis the Saudis decided to take things into their own hands and increased their production. In essence dropping the price and competing directly with Russia. But now supply is much higher than demand. So the price of crude oil dropped 25% down to $34/barrel by late Sunday. This is a HUGE drop in such a short period. And the Saudis are much more efficient at production and can weather the price drop much better than the Russians can. So not only can we look forward to cheaper gas, but Russia is going to get hurt financially over this. Big time. I wonder if they are going to take some sort of action militarily against the Saudis? Just a thought.

Our oil industry is also going to take a hit since the price drop will hurt us as well. Stocks will probably drop. Not just the oil stocks but the wider markets as well. This will slow our economy. So it looks like in the short term things are not getting any better. But we’ll get cheap gas.

This may be good news if you are into stocks.  Lower gas prices will ultimately fuel the economy,  when the markets drop BUY.  when things recover you'll make a profit.  i'm waiting for 24K but, things may get worse before they get better.....   That's my plan anyway..  each his own... 

Well, a lot has happened this weekend. Looks like Italy is closing off their rich districts as CMO mentioned above. That is serious stuff.

But the big surprise this weekend was Saudi Arabia, Russia and OPEC. Since countries are closing off areas and travel has decreased significantly all over the world, demand for crude oil has dropped. It seems that Saudi Arabia wanted OPEC to cut oil production because demand for oil is slowing. Russia, being a member of OPEC gave OPEC the finger and refuses to cut production. Meaning they will produce more than demand causing the price to drop. If they cut production along with the rest of OPEC, the price will stay fairly stabile. Assuming everyone cuts production, they will make good money per barrel but not produce as many barrels. But because Russia turned their backs on OPEC and the Saudis the Saudis decided to take things into their own hands and increased their production. In essence dropping the price and competing directly with Russia. But now supply is much higher than demand. So the price of crude oil dropped 25% down to $34/barrel by late Sunday. This is a HUGE drop in such a short period. And the Saudis are much more efficient at production and can weather the price drop much better than the Russians can. So not only can we look forward to cheaper gas, but Russia is going to get hurt financially over this. Big time. I wonder if they are going to take some sort of action militarily against the Saudis? Just a thought.

Our oil industry is also going to take a hit since the price drop will hurt us as well. Stocks will probably drop. Not just the oil stocks but the wider markets as well. This will slow our economy. So it looks like in the short term things are not getting any better. But we’ll get cheap gas.

I realized I made a mistake in this post. Russia is not part of OPEC. But rather Russia has an agreement with OPEC to support their market pricing in order to keep prices higher and stabile. Which is probably why Russia reneged on their agreement.

Well, a lot has happened this weekend. Looks like Italy is closing off their rich districts as CMO mentioned above. That is serious stuff.

But the big surprise this weekend was Saudi Arabia, Russia and OPEC. Since countries are closing off areas and travel has decreased significantly all over the world, demand for crude oil has dropped. It seems that Saudi Arabia wanted OPEC to cut oil production because demand for oil is slowing. Russia, being a member of OPEC gave OPEC the finger and refuses to cut production. Meaning they will produce more than demand causing the price to drop. If they cut production along with the rest of OPEC, the price will stay fairly stabile. Assuming everyone cuts production, they will make good money per barrel but not produce as many barrels. But because Russia turned their backs on OPEC and the Saudis the Saudis decided to take things into their own hands and increased their production. In essence dropping the price and competing directly with Russia. But now supply is much higher than demand. So the price of crude oil dropped 25% down to $34/barrel by late Sunday. This is a HUGE drop in such a short period. And the Saudis are much more efficient at production and can weather the price drop much better than the Russians can. So not only can we look forward to cheaper gas, but Russia is going to get hurt financially over this. Big time. I wonder if they are going to take some sort of action militarily against the Saudis? Just a thought.

Our oil industry is also going to take a hit since the price drop will hurt us as well. Stocks will probably drop. Not just the oil stocks but the wider markets as well. This will slow our economy. So it looks like in the short term things are not getting any better. But we’ll get cheap gas.

oil and stock futures were halted multiple times because they are cratering...

Asians all over the world being attacked. If this happened to blacks, it would be front page news.

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Asians all over the world being attacked. If this happened to blacks, it would be front page news.

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Asians?  I thought Corona was bottled in Mexico.....   

oil and stock futures were halted multiple times because they are cratering...

The market dropped almost 2100 points this morning. They stopped trading for 15 minutes. It is currently down about 1600 points. I think this is the first time in my lifetime I have seen such a market sell off with the economy in such good shape. But this market sell off could trigger a recession.

The thought for the oil war between Russia and Saudi Arabia is that Russia decided to continue its production in order to drop oil prices purposely because they are trying to bankrupt the US oil industry. The shale oil we get from fracking requires a price of $45-$54 a barrel in order to be profitable. And since we are competing against Russia now that we are a net exporter of oil and gas, the Russians know the low prices will hurt our industry. And Saudi Arabia is trying to flood the market by increasing production because they are pissed that Russia did not live up to its agreement with OPEC. They are trying to hurt Russia’s economy. So the oil wars are on.

at very least the lack of proper testing by the health Department will likely get the state government shut down here pretty soon before these bills can be voted on..  Sick patient on a plane from Seattle tests positive but the other 250 people on that plane are now walking around Honolulu untested. 

at very least the lack of proper testing by the health Department will likely get the state government shut down here pretty soon before these bills can be voted on..  Sick patient on a plane from Seattle tests positive but the other 250 people on that plane are now walking around Honolulu untested.

I'm sure the others were provided complimentary hand sanitizer and a $10 voucher for the airport food court to apologize for the screening delay.

The gov't will protect us .... *cough*cough.

at very least the lack of proper testing by the health Department will likely get the state government shut down here pretty soon before these bills can be voted on..  Sick patient on a plane from Seattle tests positive but the other 250 people on that plane are now walking around Honolulu untested.

I'm upset that they didn't release the flight number and seats at the 5pm PC.  Instead they did the next morning.  That's 14 hours someone could have stayed home instead of going out to dinner.

On a side note, on KTUH 90.3 radio 2 weeks ago, there was a gal who called in saying she lives in Hualei and was on lock down.  She states that she hasn't had any human contact in 2 weeks.  What's keeping her sane is she's skyping with friends and family in the US.  So hows she getting her food?