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Friday, March 15, 2024

15-03-2024: LA LÁMPARA MARAVILLOSA ("NON HABET BOVEM IN LINGUA" (I))


 (HERMES, PASAJE GUTIERREZ, VALLADOLID)

PROMETEO

El desierto. Hermes a Prometeo:
 
-Ahora te das cuenta por qué todo ha acabado de esta manera. Fuiste demasiado impaciente, Prometeo.-Mientras pronuncia estas palabras el alarido del condenado penetra el aire. Hermes lo deja gritar para asegurarse de que luego el diálogo continuará con fluidez y sin estorbo alguno-.Ahora lo has entendido. Tenías que haber realizado tu plan poco a poco, paso a paso, de quinquenio en quinquenio, de olvido en olvido. Progresivamente ,tenías que haber implicado en él a más y más seres humanos, para que, en caso de ser descubierto y de que pretendieran castigarte por haberle robado el fuego a los dioses, tuviesen que montarte una farsa judicial gigantesca.-Otro alarido de Prometeo. A decir verdad, los dioses se conformaron fácilmente con la idea de que el fuego les había sido robado. Lo degradaron a toda prisa  y lo relegaron a la cocina, donde no puede hacer más daño que chamuscar una olla (…) Y ahora ya nadie se acuerda de que, de hecho, lo que causó la ira de los dioses fue el robo de la memoria perpetrado por Prometeo-Un alarido. El diálogo continúa-.Porque de la memoria nace la conciencia-prosigue Hermes, arrastrando las vocales como si se recreara al pronunciar esta palabra-,una conciencia de entrada insignificante, que se va avivando como el fuego y que, a la hora de la verdad, se extiende por toda el alma. Una vez despierta, no se deja adormecer. Es ella la que obliga a Orestes a vagar por los caminos en busca del perdón. De modo que eres precisamente tú quien ha creado al hombre. Los dioses no conocen la conciencia.
Un alarido de Prometeo.

Hermes se marcha. Él tampoco ha conocido jamás el placer de poseer conciencia.

 EL VIEJO PROMETEO

Escribe memorias. En ellas intenta descubrir cuál es el sitio de un héroe dentro de una sistema basado en necesidades y procura compaginar las nociones contradictorias de ser y destino.
(…)
Prometeo ríe para sus adentros. Ahora éste es su único método para expresar la disconformidad con el mundo.

(El rey de la hormigas. Mitología personal. Traducción de Anna Rubió y Jerzy Slawomirski)
 
 
"Talaria" son las sandalias aladas o alas en los tobillos, como las de Hermes.

"Gozamos de tierras habitables, definidas por fronteras trazadas en el suelo;ahora aprendemos a vivir entre las placas ardientes que sostienen a las llanuras y las montañas y las hacen evolucionar, a pensar como los ríos y las turbulencias, los océanos, las corrientes marinas, y de la atmósfera, las tempestades y la bonanza, las nubes y los vientos.El saber se recortaba en forma de continentes, mientras él se mezcla y fluctúa como los mares inclasificables, cuya moléculas dan continuamente la vuelta al mundo; cada gota viene de todas las aguas y a ellas se dirige; cada pensamiento viene de todas partes y allí vuelve. Cambiamos de casa, volamos o navegamos.
La edad suave equivale a eras de aire y de aguas.Habitaremos la catedral: nave y tienda."

(Michel Serres, Figuras del pensamiento, traducción de Alfonso Diez)
 
Me pareció que donde los Griegos diferían del mundo moderno era principalmente en la ausencia de un sentido del pecado, y reparé con cierto asombro que yo mismo estaba profundamente afectado por este sentido en mis sentimientos aunque no en mis creencias. Algunas cosas Griegas antiguas, sin embargo, me afectaron profundamente. Entre estas, me impresionó mucho el bello y compasivo Hermes en Olimpo.

Bertrand Russell (Autobiography,”At home and abroad”, page 561. Traducción del autor)

 

 

Alma en cárcel, si quieres amar, sé taumaturga, obra la maravilla de transmigrar por el dolor en la conciencia ajena.Amor con dolor es el primer tránsito de la iniciación estética, y el enigma de la fatalidad en la tragedia antigua.

Gozo y amor en la gracia de todas las vidas, es el segundo tránsito para entender la belleza del mundo

Igual que en las palabras, escudriñé en las acciones humanas una actualidad eterna, y vi desenvolverse las vidas por caminos sellados como la pauta de las estrellas.

Para que el recuerdo sea quietud y visión interior, olvidemos los caminos por donde nos llega, como cuando la nave llega al puerto olvida el oficio de la vela y del remo, que amaba decir Miguel de Molinos.

Peregrino del mundo, si miras con todos los ojos, amarás con todos los corazones, y tu intuición será teologal.

Aprendamos a descubrir en cada forma y en cada vida aquel estigma sagrado que las define y las contiene.

Hay un gesto que es el mío, uno solo, pero en la sucesión humilde de los días, en el vano volar de las horas, se ha diluido hasta borrarse como el perfil de una medalla.

Por donde una vez pasamos, allí perduramos. ¡Y todo perdura igual!

Mirar atrás con el dolor de haber vivido, es pasar bajo el arco de la muerte.

La creación estética es una larva angélica.

Al pasar bajo el arco de la eternidad, en la suprema comprensión de nuestra vida mortal está el premio y está el castigo.

Peregrino sin destino, hermano, ama todas las cosas en la luz del día, y convertirás las negra carne del mundo en el áureo símbolo ...

(Dedicado a la memoria de Ramón del Valle-Inclán, Bertrand Russell, Zbigniew Herbert, Michel Serres y William S. Merwin)

ELEGÍA/ELEGY

A QUIÉN SE LO MOSTRARÉ

WHO WOULD I SHOW IT TO

(WS MERWIN)


Thursday, March 14, 2024

SO FAR (24-03-2020+14-03-2024: YO ESTABA AQUÍ)

SO FAR: PERSISTENT AND SAD TREND SO FAR NOT ONLY IN CORONAVIRUS ARE THERE DUTIES WHICH NECESSARILY INTERFERE WITH THE SERENE PERCEPTION O...

 

 

 PERSISTENT AND SAD TREND

SO FAR

NOT ONLY IN CORONAVIRUS

 


 
ARE THERE DUTIES WHICH NECESSARILY INTERFERE WITH THE SERENE PERCEPTION OF TRUTH?

HDT

(June 22,1851)

DO NOT DIE/NO MUERAS (21-03-2020+14-03-2024: YO ESTABA AQUÍ)

DO NOT DIE/NO MUERAS: #socialsymbolicdistancing #donotdie #nomueras #wsmerwin In each world they may put us Farther apart En cada mundo en el que ellos puedan p...

 


 

FOR THE ANNIVERSARY OF W.S. MERWIN: DO NOT DIE (15-03-2020+14-03-2024: YO ESTABA AQUÍ)

FOR THE ANNIVERSARY OF W.S. MERWIN: DO NOT DIE (15-03-2020): FOR THE ANNIVERSARY OF W.S.MERWIN´S LIFE I was just five when you wrote "For the anniversary of my death" And ten when you ...

 

 FOR THE ANNIVERSARY OF W.S.MERWIN´S LIFE

I was just five when you wrote
"For the anniversary of my death"
And ten when you wrote
"Do not die"
Let me write it again
in their proper time
and till our edge
for you
for us
forever in this world as it is
without falling apart
knowing to whom incline

Guillermo. G. Ruiz Zapatero
(15-03-2020) 

 


 

EL CAMINO DEL DAÑO (HARM'S WAY; 13-03-2020+ 14-03-2024: YO ESTABA AQUÍ)

EL CAMINO DEL DAÑO (HARM'S WAY): EL CAMINO DEL DAÑO- Y LA PACIENCIA W. S. MERWIN Cómo llegó alguien por fin a la palabra para paciencia Y supo que era la pala...

 

 

¿Puede pedirse a alguien que sobreviva con paciencia?

NO TENGO NINGUNA PACIENCIA HACIA
TALES DELIBERADAMENTE COBARDES

(HDT, La conciencia es un instinto alimentado bajo techado)
 
 

 

Monday, March 11, 2024

¿ESTÁ LA FED (QUIZÁS DELIBERADAMENTE) INICIANDO HOY UNA CRISIS BANCARIA? - JustDario

IS THE #FED (PERHAPS WILLINGLY) STARTING A BANKING CRISIS TODAY? - JustDario: In about 24 hours, the “Bank Term Funding Programme”, the infamous #BTFP, will be history. There should not have been any surprise about this if it wasn’t for the fact the banking situation today is much worse than it was one year ago when the #BTFP was launched. How dire...

How dire the banking situation was became obvious months ago, but the #FED at that time warned they would not have extended the #BTFP and banks should hurry to strengthen their balance sheets and put aside enough reserves to deal with their losses. Of course, banks didn’t do anything of this either in Q3-23 or in Q4-23 because they knew mama #FED would never have the guts to risk a banking crisis starting, and potentially spreading like wildfire, across the world 2008 #GFC style. Personally speaking, I agreed with this stance which is why it was shocking to see the #FED (out of the blue) putting out a press release on the 24th of January to make it clear to everyone, including myself, that the #BTFP will end on the day it was always supposed to do so.

Press Release: “Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11”

(January 24, 2024

Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11

For release at 7:00 p.m. EST

The Federal Reserve Board on Wednesday announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions.

During a period of stress last spring, the Bank Term Funding Program helped assure the stability of the banking system and provide support for the economy. After March 11, banks and other depository institutions will continue to have ready access to the discount window to meet liquidity needs.

As the program ends, the interest rate applicable to new BTFP loans has been adjusted such that the rate on new loans extended from now through program expiration will be no lower than the interest rate on reserve balances in effect on the day the loan is made. This rate adjustment ensures that the BTFP continues to support the goals of the program in the current interest rate environment. This change is effective immediately. All other terms of the program are unchanged.

The BTFP was established under Section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary.)

So in 24 hours:

  • Banks will not be able to use the #BTFP anymore
  • The Discount Window isn’t a viable alternative to replace the #BTFP
  • Since the banking crisis last year, not a single bank raised capital, but their balance sheet losses even increased.
  • Banks that borrowed from the #BTFP will need to come up with $79bn to repay the #FED loans by the 4th of April.

As you can see from this table I prepared, the biggest amount of #BTFP loans are expected to be repaid in the next 4 weeks:

  • $11.9bn this week
  • $41.7bn next week
  • $10.7bn in 3 weeks
  • $14.6bn in 4 weeks

 

If it was hard to find $1bn for $NYCB to the point there wasn’t a better alternative than (locust) hedge funds, it doesn’t take a financial wizard to figure out the chances $79bn can be found in 4 weeks are realistically low. Why can’t banks just walk away from the #BTFP? Doesn’t the #FED have collateral against the money they borrowed if they do so?

Banks cannot simply walk away and not repay money borrowed from the #BTFP because that was made in the form of a “loan” and defaulting against it will trigger all cross-default clauses in every other borrowing facility available to them.

 Yes, it’s an incredible mess without any visible escape route. This is why I am arguing the #FED is potentially starting a banking crisis today and, honestly speaking, I don’t think people at the #FED aren’t intelligent enough to see it coming which makes me wonder if perhaps they are willingly starting a banking crisis this time.

 

 

Friday, March 08, 2024

#OHIORIVER (III, TRAINS AND FANTASIES; FEBRUARY 2023-MARCH 2024)

#OHIORIVER (III, TRAINS AND FANTASIES): It’s no wonder we had an average of 1,704 train derailments per year from 1990 to 2021, especially with tracks like these in Ohio. But ya, l...

 

 

 

Thursday, March 07, 2024

MORGAN STANLEY - BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)? - JustDario

MORGAN STANLEY - BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)? - JustDario: When you’ve spent enough time trading inside a bank and watching markets for hours a day, in my case I traded my first stock when I was 11, sometimes you’re able to spot if something suddenly starts behaving weirdly. This is exactly what happened with Morgan Stanley ($MS) in the...

 

 A few minutes after trading began someone, somehow, had the urge to dump 4.3M $MS shares sending $MS stock straight to 85$. To give you an idea, $MS DAILY average volume in the past 3 months, before the last session, was about 8.3M shares. How many $MS shares have been traded in total during the last session? 23.2M of them with $MS stock ending the day down 3.88% (and it would have been almost 5% if a rescue bid didn’t come through at the end of the day).

 

 THE INCREASE IN TRADING ASSETS PLEDGED AS COLLATERAL YOY EQUIVALENT TO ~38bn$ FROM $MS TO 3rd PARTIES IS THE SAME AS THE DECREASE IN CASH 

 


... the increase of collateral posted by $MS to 3rd parties is almost equivalent to the maximum loss $MS can incur this year for all the $CDS they sold! And these 42bn$ of troubles are not the whole story.

 

despite a banking crisis at the beginning of 2023 and a no-stop deterioration of risk for the whole year, $MS sold 66bn$ more in CDS through the year


 In theory, from 2022 to 2023, $MS bought more $CDS to hedge its books for 68bn$ equivalent right? How much would $MS have paid for it? In Table 4.2 we can see that comparing 2022 with 2023 that amount is ~6bn$ and the change in fair value to 5bn$ negative effectively turns these assets into a liability 🤨? Hold on, that’s bad right? So how would you compensate for that? Turning liabilities into assets of course! 🤣 As you can see in Table 4.3 $MS credit protection sold (a liability in theory) does now have a positive value that, of course, matches the one of the CDS purchased. I conclude this post with a question, if $MS is so good at managing its $CDS exposure and overall risks why are they bleeding cash and their counterparts are running on them for collateral?

Monday, March 04, 2024

CRISIS Y TRANSICIONES CAPITALISTAS (WOLFGANG STREECK, 8-02-2024)

 


 The way for Germany to secure peace instead of war is to free itself from the geostrategic grip of the United States, guided by German national survival interests

Sunday, March 03, 2024

"CRUDO DESPERTAR: ALEMANIA DE NUEVO EN GUERRA" ( WOLFGANG STREECK; 31-08-2023+3-03-2024)

 

 

"CRUDO DESPERTAR: ALEMANIA DE NUEVO EN GUERRA" ( WOLFGANG STREECK): (...)   The ultimate reason for this may be that the necessary anchor point of any such discussion—a concept of a national interest, and...

(...) a nation accustomed to fatalistic sufferance of all decisions” made on its behalf. Furthermore, wrote Weber, with remarkable parallels to today:

The great statesman did not leave behind any political tradition. He neither attracted nor even suffered independent political minds, not to speak of strong political personalities. . . . A com­pletely powerless parliament was the purely negative result of his enormous prestige. . . . This powerlessness of parliament also meant that its intellectual level was greatly depressed. . . . The level of parliament depends on whether it does not merely discuss great issues but decisively influences them; in other words, its quality depends on whether what happens there matters, or whether parliament is nothing but the unwillingly tolerated rubber stamp of a ruling bureaucracy [emphasis in the original].

 The EU of the future will for a long time be shaped by the tasks assigned to it by the United States and NATO in the Ukraine war. These include the design and implementation of a sanctions regime against Russia and, increasingly, China, together with internal rationing in response to supply-chain disruptions, whether caused by the EU itself, by the United States, or by an enemy, whomever that may be. 

 Germany in particular will be faced with the problem of preserving the European Monetary Union. To a much greater extent than before, it will have to provide material support to Ukraine and the Union’s eastern frontline states; it also will have to increase its defense budget to more than 2 percent of its national product at the behest of NATO and the United States; and it must somehow compensate its own population for the losses in prosperity suffered as a result of the coming retrenchment of global trade.

 Whether it will have the capacity to do so, given the impending crisis of its production model, seems doubtful.

The political dynamics unfolding between the United States, China, and Germany in the context of the Ukrainian war appear of fundamental importance for the future of the global political economy as well as for the interaction between the three contemporary “varieties of capitalism”—liberal-democratic, communist-nationalist, and authoritarian-oligarchic.

 This effectively subordinates the EU to NATO, turning it into NATO’s instrument of econom­ic warfare and of mobilizing military and economic support for Ameri­ca’s anti-Russian clientele in eastern Europe.

  Realistic ideas for an independent European state system, as a third pole in a newly multipolar world, one that could shield the continent from the unpredictability of American politics and policy, have not really come forward, even during Trump’s term in office.

 



Have not yesterday antihistoricists become today "marxist capitalists" and "evolutionists"?

According to them, history can not "derive" from conspiracy because it derives from necessity, whether democratic, militar, economic, climatic or evolutive necessity ("homo deus"),  or from  all of them together.

However the guru of open societies now approaching destruction and end (Sir Karl R. Popper) clearly said:  "Later on I got a refutation of historicism; showing that for logic reasons it is impossible for us to forecast history's future development

Those forecasting history are, therefore, only "forecasting" the result they are pursuing. And those showing that reality are dangerous conspiracy theorists suffering paranoia (conspiranoids): "blind neccesity, dumb resignation" (recomended Freud in an equivalent context)

All must become "dumb and blind" or be, otherwise, "conspiranoids"

¿No se han convertido los antihistoricistas de ayer en los "capitalistas marxistas" y "evolucionistas" de hoy? 

Según ellos, la historia no puede derivarse de la conspiración porque deriva de la necesidad,sea democrática, militar, económica climática o evolutiva ("homo deus"), o de todas ellas juntas.

Sin embargo, el gurú de las sociedades abiertas ahora a punto de alcanzar su fin y destrucción (Sir Karl Popper) dijo claramente: "Más tarde encontré una refutación del historicismo; mostrando que por razones lógicas nos resulta imposible predecir el desarrollo de la historia futura."

Aquellos que predicen la historia están, por ello,"prediciendo" solamente el resultado que ellos están persiguiendo. Y aquellos que les muestran esta realidad son peligrosos teóricos de la conspiración que sufren paranoia (conspiranoicos): "ciega necesidad, muda resignación" (concluyó Freud en un contexto equivalente)

Todos debemos ser "mudos y ciegos" o, en otro caso, ser calificados como "conspiranoicos"



Saturday, March 02, 2024

MIGUEL GILA, BERTRAND RUSSELL Y ALGUNOS COMENTARIOS SOBRE LAS GUERRAS

MIGUEL GILA Y BERTRAND RUSSELL

 

 

Tuesday, February 27, 2024

LOS POETAS SON PRESOCRÁTICOS Y RAJMÁNINOV (26-02-2024)



Los Poetas
son PresoCrÁtiCos


Los poetas son presocráticos. no entienden nada.
escuchan con atención lo que susurran los ríos anchos de
las llanuras.
Admiran el vuelo de los pájaros, la paz de los jardines en
las afueras
y los tgv que corren todo recto sin aliento.
el olor del pan caliente, recién hecho, de las panaderías
hace que se detengan de repente
como si recordaran algo muy importante.
Cuando murmura un arroyo, el filósofo se inclina hacia
las aguas salvajes.
Las chicas juegan a las muñecas, un gato negro espera
impaciente.
Hay silencio sobre los campos en agosto al emigrar las
golondrinas.
Las ciudades también tienen sus sueños.
Pasean por los caminos del campo. el camino no tiene fin.
A veces reinan y entonces todo se queda inmóvil,
pero su reinado dura poco tiempo.
Cuando aparece el arco iris, desaparece la angustia.
no saben nada, pero van anotando metáforas sueltas.
despiden a los muertos, sus labios se van moviendo.
miran cómo los árboles viejos se cubren de hojas verdes.
Callan mucho tiempo, después cantan y cantan hasta que
estalla la garganta.

 AZ

 Ahora, cuando escucho como Martha Argerich (Pavel Kolesnikov), intepreta

el concierto en re menor...

Às Vezes Tenho Idéias Felizes

Às vezes tenho idéias felizes,
Idéias subitamente felizes, em idéias
E nas palavras em que naturalmente se despegam...

Depois de escrever, leio...
Por que escrevi isto?
Onde fui buscar isto?
De onde me veio isto? Isto é melhor do que eu...
Seremos nós neste mundo apenas canetas com tinta
Com que alguém escreve a valer o que nós aqui traçamos?...

Álvaro de Campos, in "Poemas"
Heterónimo de Fernando Pessoa 

Supón que trato de describir fielmente la perspectiva que unas notas de música me muestran. El campo de mi vida se convierte en una llanura sin fin, de recorrido glorioso y sin ninguna muerte ni contrariedad al final de ella. Toda la ruindad y trivialidad desaparecen. Me siento adecuado para cualquier objetivo. Nada sobrevive a esta expansión; las personas no sobreviven a ella. A luz de estas notas no hay distinción entre tú y yo. Somos elevados en ese momento por encima de nosotros mismos.

HDT
(traducción Guillermo Ruiz) 

Y se propaga con eco día y noche 

(15-01-1857, primera vez aquí el 21 de febrero de 2015)

Manfred Honeck y Pavel Kolesnikov 26/02/2024 01:59:52

Concierto celebrado el 25 de enero de 2024 en el DR Concert House en Copenhague. 

RACHMANINOV: Concierto para piano núm.3 en re menor, op.30. Pavel Kolesnikov (p.) SCHUBERT: Sinfonía núm.9 en do mayor, D. 944. Orq. Sinf. Nacional de Dinamarca. Dir.: Manfred Honeck.

Contenido disponible hasta el 27 de marzo de 2024. 


 

Sunday, February 25, 2024

NVIDIA, $NVDA, "ENVIDIA" : ECONOMÍA FAÚSTICA (II)

 

The life of this world is small to those who think it is, and the desire to enlarge it makes it smaller, and can reduce it finally to nothing.

However it came about, this credo of limitlessness clearly implies a principled wish not only for limitless possessions but also for limitless knowledge, limitless science, limitless technology, and limitless progress. And, necessarily, it must lead to limitless violence, waste, war, and destruction.

That it should finally produce a crowning cult of political limitlessness is only a matter of mad logic.

 

Wendell Berry

(Faustian Economics


La vida de este mundo es pequeña para aquellos que piensan que lo es, y el deseo de engrandecerla la hace más pequeña, y la puede reducir finalmente a nada.

En cualquier caso llegó, este credo de ausencia de límites implica claramente un deseo no solo para posesiones ilimitada sino también para conocimiento ilimitado, ciencia ilimitada, tecnología ilimitada y progreso ilimitado. Y así, necesariamente, debe conducir a ilimitada violencia, despilfarro, guerra y destrucción.

Que ello debe producir finalmente un culto culminante de política ilimitada es solo una consecuencia de esta lógica demente.

WB

 

 

Tuesday, February 20, 2024

NVIDIA, $NVDA ("ENVIDIA") Y LA "REVOLUCIÓN" DE LA "IA ABIERTA"

  

 

 

 $NVDA, ITS RECYCLED "#AI REVOLUTION" AND THE DARK SIDE OF IT KEPT AWAY FROM THE PUBLIC  

$NVDA convinced everyone that we are just at the beginning of the #AI revolution and its GPUs will sell like hot cakes. Yes, we are at the beginning of the #AI revolution. However, $NVDA isn’t going to be part of it as much as they (desperately) want people to believe, and I am about to tell you why. 

 $NVDA, desperate for revenues growth, needed an "AI REVOLUTION"… in 2015! 

For FY 2015, $NVDA reported 5bn$ in annual revenues, a mere 7% YoY growth. By the 8th of February 2016, its stock was down from 8.24$ at the end of 2015 to 6.43$, a -22% against a -12% drop in $QQQ (yes, a forgotten era for #tech #stocks). This is when $NVDA came across an interesting group of data scientists who were trying to launch a non-profit AI project for the benefit of humanity. The name of the project was #OpenAI

It was no secret in Silicon Valley that $NVDA GPUs could be used effectively for Deep Learning models since 2012 when the paper "ImageNet Classification with Deep Convolutional Neural Networks" was published (Ilya Sutskever, one of #OpenAI co-founders was one of the 3 authors) [Pic 1]. However, what was clearly missing was the "revolution" that could make #AI mainstream, and $NVDA saw it coming with #OpenAI and its supporter at that time, our dear@elonmusk

In the first comment below you can find the link to $NVDA “AI Revolution”presentation from 2016 (Pic 2), and I'm sure that if I didn’t share the date, no one would have guessed this is 8 years old. Does now everyone agree with me that today’s PR campaign we are seeing is recycled from what was previously attempted? 

Sadly, $NVDA didn’t start selling a gazillion of GPUs to power the #AI revolution in 2016 because at that time Silicon Valley wasn't bitten by the #fomo bug. So another "revolution" was urgently needed to sell GPUs and unload plenty of unsold inventory accumulated: #crypto mining was the answer (see post below). $NVDA's growth busted again as soon as that #fomo bubble, which they of course were pushing to the extreme with non-stop PR campaigns, busted. For FY 2019, $NVDA recorded a -6.5% drop in revenues. This is when #OpenAI returned to be handy again for $NVDA, thanks to the 1bn$ investment the not-so-non-profit company just received from $MSFT. Everyone is familiar with what came after that, so no need to expand further here.  

With the capacity they already bought from $NVDA, all cloud operators (and major $NVDA customers) already have plenty of capacity to fulfil theirs and their cloud customers' requests for years to come: 

1- GPUs are better than CPUs for training deep learning models, but for all other types, they don’t have a significant advantage (Research paper in Pic 3) 

2 - GPUs are far more expensive and 3-5 times more energy consuming than CPUs. As such, $NVDA's (legitimate) clients have been working for years on how to optimise their use (pic 4) 

3 - It's no secret that $NVDA's (legitimate) clients are on their way to become $NVDA competitors to develop GPUs better optimised for #AI needs (and not a repurposing from gaming) and, most of all, at much lower costs.  

GPUs Data centres are very bad for the environment. 

Sorry to break the spell here, but GPUs are the "hippos" of the Data centres in terms of energy consumption. I strongly recommend reading @TechSpot article (Pic 5 & 6 - in comment) "The Rise of Power: Are CPUs and GPUs Becoming Too Energy Hungry? - An Unnecessary Price to Pay" in this regard to quickly understand why these GPUs data centres have limited growth potential (like #crypto mining rigs had….) and cloud providers running them will have a significant cost problem from this front too. 

I bet in less than 48 hours, $NVDA will likely release another set of "blockbuster" results, because what started as a "fake it till you make it" after all we have seen so far, has pretty obviously now become a "fake it till you can"

 

 

Sunday, February 18, 2024

"EL ENCUBRIMIENTO DE WUHAN Y LA ATERRADORA CARRERA DE LAS ARMAS BIOLÓGICAS" (RFJ, JR.)

 By     Government, History, Vaccines

The Wuhan Cover-Up does a better job than any other book or article I have read at exposing the trends, forces, and institutions that brought us the Covid catastrophe – with hundreds of pages of notes and references. What’s frightening is that the enormity of the problem is beyond the scope of the book, not just to solve, but even to fully acknowledge.

SUMARIO DEL SURGIMIENTO DEL COMPLEJO INDUSTRIAL DE LA GUERRA BIOLÓGICA 


  • The biowarfare industry started to grow after WWII, when Western intelligence agencies imported Japanese and German scientists to help develop weapons against Communist enemies. This was, in fact, the first task of the newly formed CIA.

El complejo industrial de la guerra biológica empezó a crecer después de la WWII, cuando los servicios de inteligencia occidentales importaron los científicos japoneses y alemanes para ayudarles a desarrollara armas contra los enemigos comunistas. Este fue, de hecho, el primer objetivo de la recién formada CIA.

  • After 9/11, funding for bioweapons research exploded, and so did the power and reach of the military and intelligence agencies in charge of such research. The research, presented to the public as “pandemic preparedness and response (PPR),” encompassed mostly attempts to engineer deadly pathogens and simultaneously to create countermeasures to them, predominantly vaccines. 

Después del 9/11, la financiación d ela investigación en armas biológicas explotó, así como también el poder y el alcance de las agencias de inteligencia a cargo de dicha investigación.La investigación, presentada al público como "Preparación y respuesta pandémica (PRP)", incluía en su mayoría intentos de creación de patógenos mortales y simultáneamente la creación de contramedidas contra ellos, principalmente vacunas.

  • So much money was pouring into PPR/bioweapons research that the public health agencies and academic institutions involved in government research all became dependent on it – or, perhaps more accurately, addicted to the money and power this type of research bestowed. Multinational public-private partnerships and “non-governmental organizations” (e.g., The Bill & Melinda Gates Foundation and The Wellcome Trust) were created to fund and promote the need for such research.

Tanto dinero público se estaba dedicando a las armas biológicas PRP que las agencias de salud e inestituciones académicas envueltas en la investigación gubernamental se convirtieron en dependientes de ella- o más precisamente en adictas  al dinero y poder que este tipo de investigación promovió.Los consorcios multinacional público-privados y las "organizaciones no gubernamentales" (por ejemplo, la Fundación Bill & Melinda Gates y el Wellcome Trust) fueron creados para financiar y promover la necesidad de esta investigación.

  • In the fall of 2019 an engineered pathogen from one of the bioweapons labs in China found its way into the population. All the military, intelligence, and public health officials from China, the US, UK, and other countries, with their pharma and academic partners, conspired to cover up the lab leak, while simultaneously preparing to unleash their countermeasures on the world.

En el otoño de 2019 un patógeno desarrolado en uno de los laboratorios de armas biológicas en China se propagó a la gente. Todos los militares, servicios de inteligencia y responsables sanitarios de China, los USA, Reino Unido y otros países, con sus socios académicos y farmaceúticos, conspiraron para encubrir la fuga del laboratorio, y simultáneamente se prepararon para desplegar sus contramedidas a nivel mundial. 

Bioweapons Research = Vaccine Research

Investigación de armas biológicas= Investigación de vacunas

Another crucial idea bearing on our understanding of the Covid response is that vaccine research is a primary concern for the biowarfare-industrial complex, although it is publicly presented as a public health endeavor.

Otra idea crucial en el entendimiento de la respuesta Covid es que la investigación en vacunas es una precupación central del complejo industrial de la guerra biológica, aunque se presente públicamente como un objetivo de salud páublica.

The book quotes Professor Frances Boyle, author of the Biological Weapons Anti-Terrorism Act of 1989, with this explanation:

You can’t use a bioweapon against your enemy without having in your possession an antidote with which to shield your own team from blowback. For this reason, bioweapons and vaccines are always developed in tandem with each other.

(p. 121)

El libro cita al Profesor Frances Boyle, autor de la Ley Antiterrorista de Armas biológicas de 1989, con esta explicación:

Tú no puedes usar un arma biológica contra tu enemigo sin tener en tu poder un antídoto con el que proteger a tu propio bando del retroceso. Por esta razón las armas biológicas  y las vacunas están siempre desarroladas a la par.

Moreover, because vaccine research funding goes to both biodefense and public health agencies, they have become inextricably linked:

The military and public health agencies work in close coordination to develop vaccines for military applications, sharing information and working side by side in labs. Vaccine research often serves as a cover or rationale for illegal bioweapons development.

(p. 129)

Why Would the US Do Bioweapons Research in/for China?

As RFK, Jr. explains, with the Chinese as major funders of Western institutions, journals and projects related to biomedical research, this strange collaboration was not just unsurprising, but in fact, inevitable:

The Chinese campaign to co-opt leading scientists and the river of Chinese funding to researchers at US and British medical research universities and to the leading scientific journals had, by then, bought China powerful friends across the Western scientific establishment. 

(p. 280)

Furthermore, the interests of China intersect with the interests of major global corporations and NGOs that comprise the biowarfare-industrial-complex – many of which enriched themselves considerably through the Covid response. As RFK, Jr. writes:

There is a natural intersection of interests between Western business titans and a former communist government [the Chinese Communist Party] that has made itself the global model for seamlessly merging corporate with government power, and promoting business growth by suppressing democracy, labor, and human rights. 

(p. 572)

Hay una natural intersección de intereses entre los titanes de los negocios Occidentales y el Partido Comunista Chino que ha creado por sí misma el modelo de fusión del poder corporativo y gubernamental y ha promovido el crecimiento de los negocios mediante la supresión de la democracia, el trabajo y los derechos humanos 

Conclusions and Comments

It was especially gratifying to me to read The Wuhan Cover-Up (all 600 pages of it), because it validated my own research, showing that the pandemic response was led by the national security/intelligence arms of government, not public health agencies. 

In fact, after reading the first few chapters – the ones that go into the history of chemical and biological warfare and the rise of the biowarfare-industrial-complex – I paradoxically felt an enormous sense of relief. 

Finally, we have a detailed account that shows – beyond what I would consider a reasonable doubt – that the entire Covid catastrophe was caused, and led, by a multinational military-intelligence-academic-pharma-tech-NGO cabal.

Tenemos una detallada explicación que muestra- más allá de lo que consideraría una duda razonable- que la totalidad de la catástrofe Covid fue causada, y liderada, por una banda multinacional militar-de inteligencia-académica-famacéutica-tecnológica-y de ONGs. 

RFK, Jr.’s conclusion is that we should look to a future “in which the bio-elites are held responsible for their actions, people regain their rights, and the Constitution is restored to its intended preeminence.”

La conclusión de RFJ, Jr. es que deberíamos perseguir un futuro "en el que las bio-élites sean responsables de sus acciones, la gente recupere sus derechos, y la Constitución sea restaurada en cuanto a su garantías"

But how do we do that? 

I am afraid, based on the information in his own book, and the fact that RFK, Jr. himself is being censored and banned so extensively from the public square, that the solution to the problems he exposes is much more difficult and complex than just “holding the bio-elites responsible” which will somehow lead to people regaining their rights.

What we need to do is to shut down, or extract ourselves from, the global biowarfare-industrial-complex that is able to convince (or coerce?) our governments into declaring states of emergency over supposed pandemic threats, and then curtail civil rights and impose massive surveillance, censorship, and propaganda that would not be permitted in non-emergency situations. Not to mention garnering enormous wealth while forcing the world’s population to accept novel, untested, and potentially lethal medical “countermeasures.”

Para Lerman:

Lo que es necesario es desconectar el complejo industrial de las armas biológicas, que ha causado el trágico desastre, obteniendo enormes beneficios y obligando a la población a aceptar nuevas, no ensayadas y, en demasiadas ocasiones contrarias a la salud, "contramedidas médicas".


La ciencia nos ha armado, pero no puede desarmarnos

WENDELL BERRY