Rogue Waves – Fat Tail Daily | Australian Markets

“There you are!” writes Tom…sending a helpful transport map.

Looking out the window it isn’t clear the place we’re. It is so foggy, we will barely see something more than 100 yards away.

The ship left Brooklyn on Saturday and made its manner up to the northeast, following the coast of North America… up previous Maine, previous Nova Scotia… after which previous Newfoundland in direction of Greenland. Out within the Atlantic, however nonetheless close to the continental shelf are the ‘Grand Banks’ — famous for the abundance of fish and fog.

The fog outcomes from the confluence of the cold Labrador present and the nice and cozy Gulf Stream. The massive space of comparatively shallow water additionally appears to encourage an abundance of marine life. It is one of the richest fishing areas within the world. Basque fishermen apparently fished right here as early because the fifteenth century.

Undersea oil exploration started within the Sixties, resulting in the invention of the Hibernia area in 1979, which grew to become Canada’s most efficient oil space. The exploration nonetheless — so removed from land, within the cold and foggy Atlantic — was not with out its hazards. There are rogue waves, icebergs, hurricanes and sea ice to fret about.

It was a rogue wave that hit the Ocean Ranger drilling platform in 1982. Winds of 100 knots and waves as high as 65 toes struck within the center of the night time. The platform listed… took on water… and for hours the crew tried to pump it out and put it aside. But then, they misplaced control and it rolled over and sank.

Some members of the crew managed to get away in a lifeboat. But the small boat over-turned within the tough water. Even with helicopters and rescue boats arriving on the scene, the waves and darkness swallowed its victims. All 84 palms on the drilling platform died. And the next yr, three more divers died making an attempt to re-float the wreckage.

Even with security drills, rescue plans, helicopters, the Canadian air and naval forces… the latest meteorological and security technology, issues nonetheless go fallacious.

Imagine what occurs when you will have groups of amateurs led by bold incompetents and loudmouth show-offs, unaccountable to anybody, spending different peoples’ money!

Yesterday was Liberation Day. Since WWII more people have been rescued from poverty than in every other period in human historical past. The doctrine of ‘Free Trade’ helped make it doable. But now we have now a coverage of un-free trade, managed by political insiders.

CNN:

Donald Trump simply took the best political gamble with the US economic system of any trendy president.

Presidents usually attempt to do every part they’ll to keep away from upsetting the nation’s financial engine and world stability — particularly if unemployment is low and growth is ticking over, because it was when he took over from Joe Biden.

But together with his gorgeous outburst of new tariffs on virtually all imports from 185 nations, Trump administered an extraordinary shock that went towards the advice of virtually each financial professional and the teachings from some of historical past’s grimmest omens.

But now that we’re unshackled from the doctrine of free trade, perhaps we will break away of fetters elsewhere.

One of probably the most comical themes within the news currently revolves across the release of paperwork referring to JFK’s assassination… and Elon Musk’s assembly with CIA and NSA officers. The New York Post:

President Trump’s release final month of “long-secret documents” on the assassination of President John F. Kennedy revealed that “three top CIA officials lied” to investigators in regards to the company’s awareness of murderer Lee Harvey Oswald, based on dogged researchers who’ve studied the tragedy for many years.

Fox News:

Elon Musk visited Central Intelligence Agency headquarters on Tuesday to debate his authorities effectivity program. “Had a great visit and meeting with @ElonMusk to discuss his ideas and progress so far in making our government more efficient!” Radcliffe wrote. “I look forward to working with Elon and his team to ensure that the CIA remains the premier intelligence Agency in the world.”

If there may be a ‘Deep State’ the CIA is on the center of it. And if a pushy wealthy man, not even an elected official, can get it to cut back its funds and its energy, the entire concept of the deep state’s sinister control evaporates.

The guide we’re studying — The Ghost, the Secret Life of CIA Spymaster James Jesus Angleton — reveals how the CIA wasted 1000’s of lives and billions of {dollars}. Angleton was paid to chase Soviet spies. But he didn’t discover that his best pal — with whom he vacationed and lunched repeatedly — British agent Kim Philby, was truly a Soviet spy.

Nor did he hassle to inform the Dallas police that the person he had been waiting for years — Lee Harvey Oswald — was going to be in Dallas when president Kennedy was on the town.

For many years, the CIA did what it ought to not have performed…and failed spectacularly when it needed to do one thing worthwhile. It spied on people everywhere in the world. It assassinated them. Tortured them. It unfold propaganda to them. It undermined their governments.

Finding waste within the CIA could be little one’s play; it’s virtually all waste. The Jerusalem Post:

Classified CIA information reveal psychic quest for the Ark of the Covenant

Review the paperwork: Remote Viewer No. 032 described a container made of wooden, gold, and silver, adorned with pictures of six-winged angels, and comparable in form to a coffin.

And then, when it actually might need been helpful, the CIA was nowhere to be seen. Where was the CIA evaluation when Lyndon Johnson thought he may beat the Vietnamese by sending US troops… and Richard Nixon thought he may bomb them ‘back to the stone age?’

Where had been CIA brokers when Saudi terrorists had been blowing up the World Trade Center? Who was it that instructed Colin Powell that the Iraqis had ‘weapons of mass destruction?’ Or that Russia would back down within the Ukraine if its economic system had been sanctioned?

By any affordable evaluation, the company has performed far more hurt than good and must be eradicated. But how? Is the CIA going to cooperate to put itself out of business?

“Here are some files that show how we’ve gone rogue,” CIA director John Ratcliffe may say as he handed a file to the New York Times.

“And sure… tell Elon to come on over and show us how to cut our budget and reduce our power. Ha ha.”

“And by the way, we have a file on you too.”

Regards,

Bill Bonner,
For Fat Tail Daily

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