A Conspiracy I can believe in

 So if it sounds like "the crusade against climate change" is one giant con game meant to enrich a handful of kleptocrats here and now, while the nebulous benefits - and the all too certain debt and hyperinflation - of this revolutionary overhaul of the global economy are inherited by future generations, it's because that's precisely what it is. Source

I know nothing about global warming. In my latest drainage report, found that rainfall is NOT decreasing nor significantly increasing in Israel. But fighting climate change, objectively, functions as a war: it makes overtaxing and national indebtment acceptable. It also frightens oil exporters. The future Earth may - or may not - be cleaner, that is uncertain, but we are being over-taxed today, that is certain. 

TASE - Tel Aviv Stock Exchange

The total value of the companies traded on the Tel Aviv Stock Exchange (TASE) passed above the one trillion shekel threshold last month, equaling $310.1 billion. The increasing prominence of Israeli stocks on the global stage is led by the country's technology sector. In fact, Israel is one of the most tech-forward markets in the world outside of the U.S. and some Asian economies.

The total value of all the companies traded on the TASE has risen 25% from just over NIS 800 billion at the end of 2020. Since then the number of companies traded on the TASE has risen 18% from 450 to 530. Since the end of 2018, the value of all the companies traded on the TASE has risen by more than 40%,” according to Globes.

How safe is TASE? I am getting older and for the first time, it seems that income from work is disappearing and I'm becoming dependant on savings. That is natural, but frightening. World inflation is worrying. In Argentina, it is 45% per year, yet people live and most are happy.  

Lebanon Meltdown

 Lebanon has no centrally generated electricity after the country's biggest two power stations shut down due to a fuel shortage. "The Lebanese power network completely stopped working at noon today, and it is unlikely that it will work until next Monday, or for several days,".

Lebanon used to be the most prosperous country in the Middle East. Amazing. 

My dilemma with the Climate Crisis

 

Akio Kitoh, Akiyo Yatagai, and Pinhas Alpert First super-high-resolution model projection that the ancient “Fertile Crescent” will disappear in this century, Hydrological Research Letters 2, 1-4 DOI: 10.3178/HRL.2.1, 2008.

 Abstract: The first full projections of rainfall and streamflow in the “Fertile Crescent” of the Middle East are presented in this paper. Up until now, this has not been possible due to the lack of observed data and the lack of atmospheric models with sufficient resolution. An innovative super-high-resolution (20-km) global climate model is employed, which accurately reproduces the precipitation and the streamflow of the present-day Fertile Crescent. It is projected that, by the end of this century, the Fertile Crescent will lose its current shape and may disappear altogether. The annual discharge of the Euphrates River will decrease significantly (29-73%), as will the streamflow in the Jordan River. Thus countermeasures for water shortages will become much more difficult.

I am working on a Runoff Management report for Moshav Zeitan (near Lod Airport) and researching data. I found that runoff problems are going to be less severe - that in direct contradiction of the "Earth Climate Change" hysteria, and popular belief. I am wondering if the Ministry bureaucrats, whose approval I am seeking, will accept my plan. Till now I tended to go with the conventional nonsense (see pic) and my submissions were approved without resistance.

Old man dreaming

 Friedman:

But what if the U.S. or Israel feels it has to strike Iran’s nuclear program in the middle of what could be the worst energy winter since 1973? And what if Iran responds by firing at U.S. or Western oil tankers in the Persian Gulf, where Qatar, the world’s largest exporter of liquefied natural gas, resides? Oil and gas prices will go into the stratosphere. So, Iran suddenly has new leverage: Hit us and you bankrupt the world.

Friedman thinks that there will be a gas crunch this winter. Prices will jump (=inflation). 

I dreamt we were visiting my grandfather's house in Jaszbereny. An elderly Christian couple was living in it. We were leaving I gave them all my money and they asked more for scratching something. Not a full nightmare but woke rather bitter. Hungary's population is lower than in my grandfather's time, and there has been little new construction, especially in provincial towns. Elderly Christian couples live and maintain the disappeared Jew's homes.  

The pic may refer to Hemingway's Old Mand and the Sea, by an artist from India. Or maybe a Jungian dream, shared by all humanity. Figures of lions are omnipresent in the Antiquity.

Money Losing Power

 In Israel, the main categories in the consumer price index are Housing (25.2 percent of the total weight) and Transport and Communication (20.6 percent). Food accounts for 16.5 percent; Education, Culture and Entertainment for 11.7 percent and Dwelling Maintenance for 9.7 percent. Others: Health (5.2 percent); Miscellaneous Goods and Services (4.3 percent); Furniture and Household Equipment (3.7 percent) and Clothing and Footwear (3.1 percent).  Official inflation rates, therefore, refer mostly to items that are of no interest for this old man. I am not in the Housing,  Communications, Furniture, or Education markets. Only Food and Health are relevant for me. On the other hand, all affect my daughters and indirectly, me.   

Earth Abides

 

Ecclesiastes 1:4  "Men go and come, but earth abides."

קהלת:  דּוֹר הֹלֵךְ וְדוֹר בָּא, וְהָאָרֶץ לְעוֹלָם עֹמָדֶת

My fav crown princess.