Global Depression 2022 - Time to do the Breadline Boogaloo!

Who is going to get hit the hardest?

  • North America

  • South America

  • Asia

  • Europe

  • Australia

  • Africa

  • The Middle East

  • Everyone's fucked

  • Nothing will happen


Results are only viewable after voting.
Meanwhile in Germany... local institute declared that German pensioners live too comfortably and should share their living quarters with refugee families. Hey, that sounds familiar. Didn't the USSR try that back in the day?
Machine translate link: https://www-tz-de.translate.goog/wi...uto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

Tbf, pretty much every boomer deserves being forced to live with third world "countrymen" that they voted to import to keep their cost of living down.
 
Justin Servakis said:
It's a bizarre, freaky time in world history. The pillars on which the entire world operated for decades are coming down around us, bringing with them careers, institutions and fortunes. Economists around the world are throwing up their hands, banks are worth less than 1/100th of what they were a year ago, and many are saying the entire system on which the world market was thought to have worked has fallen.

As a relative outsider to the world of big corporations and finance, it's hard not to look upon what's happening with slight sense of relief. Sure, like anybody else I worry about my own finances, as well as that of my friends and family. I'm quite aware of how bad things roll downhill, and how people who don't deserve to suffer will inevitably get it the worst. But at the same time, it's hard to mourn the passing of a system that seemed corrupt at best and outright dysfunctional at worst. I've had numerous occasions to become involved with such powers, and inevitably I'd backed away slowly when nobody could explain to my satisfaction how the system worked. (Somehow it always seemed to come down to "well, we're gambling here.") I've worked with enough big corporations to see from the inside how wasteful they were, how fundamentally dishonest many had become, and how so many small-minded and downright unintelligent people wielded unquestionable power. Those who looked upon those institutions as infallible and adapted to their Machiavellian ways have just had that world blow up in their faces. It's no wonder people seem so lost.
Plot twist: this was written in 2009. Time is a flat circle indeed.
 
Crossposted from biz sub-forum. Get ready for food to skyrocket again due to water shortage to some of the largest producers of fruits and nuts in the USA.

Once again, California ruins everything (Archive) because CA farmers can't be damned to be a little more efficient.
BOULDER CITY, Nev. — To address the continued potential for low run-off conditions and unprecedented water shortages in the Colorado River Basin, the Department of the Interior’s Bureau of Reclamation (Reclamation) today released a draft Supplemental Environmental Impact Statement (SEIS) to potentially revise the current interim operating guidelines for the near-term operation of Glen Canyon and Hoover Dams. Today's release comes on the heels of historic investments the Biden-Harris administration announced last week as part of an all-of-government effort to make the Colorado River Basin and all the communities that rely on it more resilient to climate change and the ongoing drought in the West.

The draft SEIS released today analyzes alternatives and measures to address potential shortages in the event that such measures are required to protect Glen Canyon and Hoover Dam operations, system integrity, and public health and safety in 2024 through 2026, after which the current operating guidelines expire. It also ensures Reclamation has the tools to protect continued water deliveries and hydropower production for the 40 million Americans who rely on the Colorado River.

“The Colorado River Basin provides water for more than 40 million Americans. It fuels hydropower resources in eight states, supports agriculture and agricultural communities across the West, and is a crucial resource for 30 Tribal Nations. Failure is not an option,” said Deputy Secretary Tommy Beaudreau. “Recognizing the severity of the worsening drought, the Biden-Harris administration is bringing every tool and every resource to bear through the President’s Investing in America agenda to protect the stability and sustainability of the Colorado River System now and into the future.”

“Drought conditions in the Colorado River Basin have been two decades in the making. To meet this moment, we must continue to work together, through a commitment to protecting the river, leading with science and a shared understanding that unprecedented conditions require new solutions,” said Bureau of Reclamation Commissioner Camille Calimlim Touton. “The draft released today is the product of ongoing engagement with the Basin states and water commissioners, the 30 Basin Tribes, water managers, farmers and irrigators, municipalities and other stakeholders. We look forward to continued work with our partners in this critical moment.”

The SEIS process was initiated in October 2022. The release of the draft follows months of intensive discussions and collaborative work with the Basin states and water commissioners, the 30 Basin Tribes, water managers, farmers and irrigators, municipalities, and other stakeholders. The draft alternatives in the SEIS incorporate concepts from many models and proposals received during the scoping period, including from all seven Basin states.

The alternatives presented in the draft SEIS analyze measures that may be taken under Secretary of the Interior Deb Haaland’s authorities to protect system operations in the face of unprecedented hydrologic conditions, while providing equitable water allocations to Lower Basin communities that rely on the Colorado River System.

The draft SEIS includes proposed alternatives to revise the December 2007 Record of Decision associated with the Colorado River Interim Guidelines. The 2007 Interim Guidelines provide operating criteria for Lake Powell and Lake Mead. These include provisions designed to provide a greater degree of certainty to water users about timing and volumes of potential water delivery reductions for the Lower Basin States, as well as additional operating flexibility to conserve and store water in the system.

The draft SEIS will be available for public comment for 45 calendar days and the final SEIS is anticipated to be available with a Record of Decision in Summer 2023. This document will inform the August 2023 decisions that will affect 2024 operations for Glen Canyon and Hoover Dams.

This proposal to address immediate water supply challenges complements Reclamation’s ongoing process to develop new guidelines for Colorado River Operations when the current interim guidelines expire at the end of 2026.

Draft SEIS Alternatives

The draft SEIS analyzes three alternatives, which reflect input from the Basin states, cooperating agencies, Tribes and other interested parties, including comments submitted during the SEIS public scoping period, including two written proposals from the Basin states that informed the following alternatives considered in this draft SEIS:

  • No Action Alternative: The No Action Alternative describes the consequences of continued implementation of existing agreements that control operations of Glen Canyon Dam and Hoover Dam, including under further deteriorating hydrologic conditions and reservoir elevations.
  • Action Alternative 1: Action Alternative 1 models potential operational changes to both Glen Canyon Dam and Hoover Dam. Action Alternative 1 includes modeling for reduced releases from Glen Canyon Dam, as well as an analysis of the effects of additional Lower Colorado River Basin shortages based predominately on the priority of water rights. Action Alternative 1 models progressively larger additional shortages as Lake Mead’s elevation declines, and larger additional shortages in 2025 and 2026, as compared with 2024. The total shortage contributions in 2024, including those under existing agreements, are limited to 2.083 million-acre-feet because this is the maximum volume analyzed in the 2007 Interim Guidelines final environmental impact statement.
  • Action Alternative 2: Action Alternative 2 is similar to Action Alternative 1 in how it models potential operational changes to both Glen Canyon Dam and Hoover Dam. Action Alternative 2 includes modeling for reduced releases from Glen Canyon Dam, as well as an analysis of the effects of additional Lower Colorado River Basin reductions that are distributed in the same percentage across all Lower Basin water users under shortage conditions. While both the 2007 Interim Guidelines and the 2019 Drought Contingency Plan encompass shortages and contributions that reflect the priority system, the incremental, additional shortages identified in Action Alternative 2 for the remainder of the interim period would be distributed in the same percentage across all Lower Basin water users. Action Alternative 2 models progressively larger additional shortages as Lake Mead’s elevation declines and models larger Lower Basin shortages in 2025 and 2026 as compared with 2024. The total shortage contributions in 2024, including those under existing agreements, are limited to 2.083 million-are-feet because this is the maximum volume analyzed in the 2007 Interim Guidelines FEIS.
Members of the public interested in providing input on the SEIS can do so through May 30, 2023, per instructions in the Federal Register that will be published on April 14, 2023. Additional information about virtual public meetings can be found at Reclamation’s website.

Click to expand...
Slightly shorter explanation:

Due to international treaty with Mexico, the US must provide a certain volume of water to them each year. California has been using part of this surplus because they can. The other states who are part of the Colorado River Compact (CO, UT, NV, NM, AZ, WY) that regulate the flow of the Colorado river all were in favor or re-writing the compact to adjust for the changes in population and the lack of accuracy in the original volume estimates. California, now in severe drought form which they can't just drain water from the eastern portion of the state even more to solve their issues, told the other states if couldn't get all the water they wanted, they just take it and tell them to go fuck themselves in the 1950s. The rest of the states (esp AZ) have been suing CA ever since and and I think Arizona v. California is on the 10th iteration.
Feds stepped in due to the shortage worsening and gave CA 15 years in 2007 to fix their shit (namely stopping flood irrigation), per the usual nothing was done.

Now the fed has stepped in again and the decision is either:

1) Senior states (upstream) California gets more water since it is upstream and thus senior of AZ and NV get a new asshole reamed dry. Nevada gets fucked despite being upstream of CA because CA will just use the water anyways and tell NV to eat shit.

2) Everyone shares the burden of water shortages (CA will more than allotted again short of military action), AZ and NV slightly less fucked because CA will be forced to reduce water usage

3) Do nothing, Biden has already ruled this out as an option in public

Comment period is 45 days before a decision is made. Likely they will chose #1 because just the CA agricultural lobby is greater than that combined between NM, AZ, NV, UT, CO, WY lobbies for everyone combined and lolpoors can be forced to ration water while CA wastes it with flood irrigation.

Watch for a fight between CA and AZ over aquifer rights, AZ has reformed theirs to require permitting going over a certain amount and claims all the groundwater in the state of AZ in public trust. CA doesn't give a shit and still holds the "unlimited" withdraw allowed because of the ag industry, and does not recognize that draining water from other states despite the well being in yours due to elevation is a thing. I believe federal law is silent on the matter.
 
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LMAO imagine having such a shit economy that a mobilized war economy and a famously stagnant economy outperforms yours.
Meanwhile in Germany... local institute declared that German pensioners live too comfortably and should share their living quarters with refugee families. Hey, that sounds familiar. Didn't the USSR try that back in the day?
Machine translate link: https://www-tz-de.translate.goog/wi...uto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
I'm pretty sure that's the same free housing that retards get too. Some boomer might get to enjoy living with Drachenlord.
 
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Reactions: teriyakiburns
Meanwhile in the UK, a gypsy goes shopping. That's what, 300 squid worth of food there?
View attachment 5070379
I love how he barks "call the police" at the other guy as if they're going to fucking do anything. Also amazing how the cunt continues pretending there's nothing left to reveal even though there's obviously still more. Like she's still trying to pull a fast one even as she's being dressed down for theft. Fucking gypsies.
 
I love how he barks "call the police" at the other guy as if they're going to fucking do anything. Also amazing how the cunt continues pretending there's nothing left to reveal even though there's obviously still more. Like she's still trying to pull a fast one even as she's being dressed down for theft. Fucking gypsies.
There's definitely a kielbasa or two stashed up there. Don't ever buy sausage from gypsies.
 
Wait, isn't the UK surrounded by water? Is Rishi Sunak just trying to get everyone to start shitting on the street so he would feel like back at home?

Sounds like the problem only infinite refugees can solve.
 
There's definitely a kielbasa or two stashed up there. Don't ever buy sausage from gypsies.
Its actually amazing, reminded me of one of those old clown car skits. You think its done but more just keep coming out.

Pretty sure all the pink shit is Vanish oxi action, a popular brand of cleaning products. Wonder why she was trying to steal so much of the same thing. A lot of cleaning to do or is that the most expensive thing to sell on?
 
A lot of cleaning to do or is that the most expensive thing to sell on?
The latter. Cleaning products go for a decent price. In the US there was a trend for awhile of people on certain entitlement programs (EBT style -- the kind that didn't provide cash but rather a debit card that only paid for certain types of products) buying brand-name laundry detergent in bulk (their cards would pay for it) then selling it to others for cash (at a discount). It was a way to "cash out" those "no cash" benefits. It got so bad for awhile that retailers started limiting the amount you could buy at a time, and eventually locking up the detergent inside cabinets to curb the theft that resulted. You know something's fucked when people have to ask a store employee to open a locked cabinet to fetch you a jug of laundry detergent.

Of course, this gypsy is bypassing the whole EBT step of the process by trying to steal it. You can't take a haircut from the fence when you paid nothing for the product to begin with. [finger-to-head clever smirking guy]
 
Not as big as what should be coming in the pipeline: Deutche Bank, Credit Suiesse, Goldman Sachs, Wells Fargo.
The bank failures are going to be like congestive heart failure. They will keep happening more frequently and more severely over the coming months and the bailouts will be less effective each time.
 
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- say it with me, everybody -
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