Potash

 MOSCOW, March 24 (Reuters) - Russia could extend restrictions on fertiliser exports for six months until November to help support the domestic market, Agriculture Minister Dmitry Patrushev said on Friday.

Moscow introduced temporary quotas on some of its fertiliser exports in late 2021 to ensure domestic supplies but has extended them continuously since. The current restrictions are due to expire at the end of May.

"Together with the trade ministry and the Federal Antimonopoly Service we are working on extending the existing set of measures on fertilisers for another six months, up to November inclusive," Patrushev said.

Interpretation: There will be a hole in the international potash market and prices should rise. 

Bad Week

 

Friday 24/3/23. I slept well and had a dream where the family (as we were 20 years ago) moved to a new big house. I woke up - in the dream - and there was a big TV on the wall, and Tehila's lost phone on the floor. The house was on a hill looking down at a dam and a lake. I was looking for my wallet with 300,000 sheqels and woke up searching for it in that big house. 

The AMPM project is becoming complicated. I feel Mey RG is blackballing me because I protested. Caught a cold and am tired. Wifey is nervous and crying because of Shany's impulsive decisions. The whole country is tense because of the reform of the selection of supreme judges. Yesterday the "house of death" (Tel Aviv homos, feminists, anarchists)  walked to "the house of life" (the religious neighborhood of  Bnei Brak) to protest the judicial reform.

On the other hand, Noia was identified as a gifted student. My friend IA congratulated me. No one else did even mention it. "Gifted" is relative, and she is gifted relative to Kfar Saba children, the number two city (in school grades) in Israel.    

Three days later

 

Only three days after my observation about the Swiss Bank, we have a run on the bank and after retiring 50 billion, it had to ask the Swiss State to save it. To nationalize it in fact. It will be devoured by UBS and disappear. The tremors of its collapse are reaching very far. 

There are problems in Israel too. The extreme left has taken over the Judiciary branch of the government and is inciting civil resistance. The fishwrap HaAretz has stopped publishing news and considers itself a revolutionary pamphlet. Gadi Taub, a historian, was sacked because the paper considers him a paid agent of "Hungarian fascism". This is madness.

Dios castiga y no con palo

God punishes but not with a whip. Credit Suisse was caught destroying the records of deposits by Jews killed in the Holocaust. Those condemned Jews deposited their saving in Swiss banks, thinking that the Swiss were safe and honest. They were wrong. It appears that evil acts are written down in some books in the high, and when the accounting is done, they get paid. Credit Suisse has been slowly agonizing for the last twenty years and today is starting to enter into a coma.   

Bank Run

 The Silicon Valley Bank experienced a run last week and closed down. The FED promised to cover the debts. Now the Republic Bank is falling 60%. Israeli financial system stable. 

Overall, I AM optimistic. For a long I was saying, that to get the economy moving, the only solution was a good war. That's the way capitalism works.  Marx said so 140 years ago.  The Ukrainian war is starting to consume all the old ammunition and tanks of Europe and America, and they need to be replaced. There is another war coming in Taiwan. So there is demand, capitalism's chronic problem, and it will absorb excess production.  

Planning the future

 

My friend Chat GPT reports that an individual with my profile has 7 more years to live. If so, I can make a 4 years plan with a reasonable probability of completing it. What can be my goal, if not to enrich my grandkids?  The problem is that money, generally, makes little or no difference in their generation. Food, shelter, money is not a problem for them. How will my next four years best spent? Sex is only a memory. I hate purposeless hobbies and tourism. 

P.D.: Today I wasted surfing the internet, writing comments no one reads and pays for. 

Hard Times

 Many important populations find it impossible to maintain their numbers. Their health and prosperity are appearance.  We are living in very hard times. Peoples are dying off.