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US Catches Up With Qatar As The World’s Largest LNG Exporter

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US Catches Up With Qatar As The World’s Largest LNG Exporter

Authored by Irina Slav via OilPrice.com,

The United States has become the world’s largest exporter of liquefied natural gas alongside Qatar.

Bloomberg reported today that the lighting fast increase in U.S. LNG shipments abroad had brought it on par with the world’s largest exporter per cargo-tracking data compiled by the news agency.

Both countries, Bloomberg said, exported 81.2 million tons of the superchilled fuel last year.

What’s more, the U.S. could have topped Qatar if it weren’t for the fire that shut down the Freeport LNG facility in mid-2022 and kept it shut down for the remainder of the year. With Freeport LNG, total U.S. LNG exports would have hit 86 million tons, Rystad Energy said at the end of last year.

This year, however, when Freeport LNG restarts, the United States could see an 11-percent increase in LNG exports, Rystad Energy said last year, which would make it officially the largest LNG exporter globally, surpassing Qatar.

Looking forward to the more distant future, however, U.S. producers of LNG would need to make an effort to retain the top spot as Qatar works to boost its annual export capacity to over 100 million cu m.

Demand, meanwhile, is something that U.S. producers do not need to worry about. As Europe pivots away from Russia pipeline gas, it will remain a huge source of demand for American LNG for the observable future.

Demand for LNG in Asia is also on the mend, Rystad Energy analysts said in December, which suggests prices for the fuel will also likely remain elevated for the observable future.

The United States only joined the LNG export scene in 2016 amid an abundance of shale gas and growing demand for gas globally. Asia used to be the top destination for U.S. cargos until last year when Europe suddenly emerged as a major importer amid Russia’s gas supply cuts and the EU’s determination to switch its gas dependence on Russia with one on the United States.

Tyler Durden
Wed, 01/04/2023 – 05:00

‘Electric Shocked’ – 88% Of New Cars Sold In Norway Are EVs

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‘Electric Shocked’ – 88% Of New Cars Sold In Norway Are EVs

If you’ve had the pleasure of visiting Norway in recent years, you may have been amazed not only by the country’s breathtaking landscapes, but also by the number of Teslas zipping around the streets of Oslo.

Having surpassed an electric vehicle share of 50 percent in 2020, the wealthy Scandinavian country continued its transition to e-mobility last year. As Statista’s Felix Richter details below, according to the Norwegian Road Federation (OFV), electric cars accounted for 79 percent of new passenger car registrations in 2022, and 87 percent when including plug-in hybrids.

Infographic: E-Mobility: Norway Races Ahead | Statista

You will find more infographics at Statista

To put things in perspective, a look across the pond yields an entirely different picture: in the United States, electric vehicles excluding hybrids accounted for just 2.6 percent of passenger car sales in 2021.

So why is Norway so far ahead in terms of electric vehicle adoption?

It’s a combination of policy measures and the country’s wealth (ironically obtained from its vast oil reserves). Norway imposes hefty vehicle import duties and car registration taxes, making cars significantly more expensive than in most other countries. By waiving these duties for electric vehicles, Norway is effectively subsidizing EV purchases at a level that other countries couldn’t afford. Add free parking to the mix and going electric suddenly looks like a tempting proposition.

What makes Norway’s electric vehicle boom even more notable, is the fact that the country’s electricity comes almost exclusively from hydropower. That way driving an electric car in Norway is even cleaner than it is in countries heavily reliant on coal.

Tyler Durden
Wed, 01/04/2023 – 04:15

French Interior Minister Mocked After Saying “Only” 690 Cars Torched On New Year’s Eve

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French Interior Minister Mocked After Saying “Only” 690 Cars Torched On New Year’s Eve

Authored by Denes Albert via Remix News,

There were riots in several French cities, almost 700 cars were set on fire, and nearly 500 people were arrested on New Year’s Eve in France.

However, French Interior Minister Gérald Darmanin said in a statement that New Year’s Eve celebrations in the country had taken place “without any major incidents.”

The French authorities were on high alert for the end of the year, with 90,000 police officers and gendarmes mobilized across the country for New Year’s Eve, according to a statement by Darmanin.

The French politician also pointed out that New Year’s Eve 2022 showed a historic improvement in the number of vehicles set on fire, with “only” 690 cars burned nationwide. According to figures in the release, that number was 874 last year, a 21 percent improvement.

Darmanin pointed out that 490 people were detained, 11 percent more than the previous year, leading the minister to conclude that the police and gendarmes on the streets were fully capable of maintaining law and order. Twitter users mocked Darmanin’s post, pointing out that the country was flooded with 90,000 officers, creating a very costly police state for what should be a festive occasion, and even then, hundreds of vehicles were set on fire and police attacked.

Although the French interior minister says that there have been “no notable incidents” in the country, the people of Nantes may be of a different opinion. In the city, rioters set fire to several cars on New Year’s Eve and then attacked police and firefighters with fireworks. Some of the arson attacks were caught on film.

A French local newspaper, Le Dauphiné Libéré, reported that a gendarmerie barracks in Pierrelatte, a municipality in the southeastern part of the Drôme department, was attacked and fireworks were fired at the building, which caught fire. There were no injuries or serious damage to property, but in several other municipalities in the county, several bins and cars were set on fire.

In Alsace, scenes of carnage were filmed across the city, including a number of arson attacks against cars and buses.

In the Haute-Garonne department in the south of the country, the last night of 2022 was also a busy one, with 41 fires reported by the authorities; according to the La Dépêche newspaper, a children’s home was also set on fire, with six people inside the building having to be housed in a nearby village.

The city of Bordeaux was also hectic on New Year’s Eve, with dozens of vandals shooting fireworks in the streets; footage of the scene showed that the projectiles were deliberately aimed at people.

As Remix News reported yesterday, young migrants were mostly responsible for the chaos in Berlin during the New Year, with youths targeting police and rescue vehicles, and setting fires across the city. Given the scenes of violence recorded across the city, police are calling for a ban on all fireworks.

Tyler Durden
Wed, 01/04/2023 – 03:30

Where Most Of The Aid To Ukraine Came From In 2022

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Where Most Of The Aid To Ukraine Came From In 2022

The United States pledged $50.9 billion in military, financial and humanitarian aid to Ukraine between the start of the Russian invasion in February 2022 and November 20.

As Statista’s Anna Fleck shows in the inforgraphic below, data from the Ukraine Support Tracker shows that, as a single country, the U.S. has provided by far the most aid to Ukraine, followed by EU institutions ($37.2 billion), the UK ($7.5 billion), Germany ($5.8 billion) and Canada ($5.1 billion). 

Infographic: Where Most Aid to Ukraine Comes From | Statista

You will find more infographics at Statista

According to the pioneers of the tracker at the Kiel Institute for the World Economy, where the U.S. had initially committed nearly twice as much as all EU countries and institutions combined, a new 18-billion-euro Macro-Financial Assistance (MFA) package agreed by the EU for 2023 narrowed the gap.

When all EU Institutions and countries are combined, their total pledged support now comes out at just under 52 billion euros.

In November, Christoph Trebesch, head of the team compiling the Ukraine Support Tracker, stated:

“Until now, the EU’s support to Ukraine since the start of the war has always lagged behind that of the United States. This has changed in recent weeks, as the total value of EU commitments now exceeds those of the U.S. The large new EU pledges are a welcome development, given the major role of this war for European security.”

When considering bilateral aid in terms of a percentage of GDP, several European countries come out on top with Estonia (1.1 percent), Latvia (0.9 percent) and Poland (0.5 percent) as the most generous donors. The U.S. then ranks tenth, as it provides 0.2 percent of its GDP.

Tyler Durden
Wed, 01/04/2023 – 02:45

Qatargate: 2 Socialist MEPs To Have Their Immunity Lifted As EU Corruption Probe Grows

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Qatargate: 2 Socialist MEPs To Have Their Immunity Lifted As EU Corruption Probe Grows

Via Remix News,

The European Parliament announced on Monday, Jan. 2, that it had initiated an urgent procedure, following a request from the Belgian judiciary to lift the immunity of two MEPs in the corruption investigation into alleged bribes offered by Qatar to European officials and civil servants, news agencies AFP and EFE reported.

The two MEPs are Italian Andrea Cozzolino and Belgian Marc Tarabella, both members of the European Social Democrats (S&D) group.

“Following a request from the Belgian judicial authorities, I have launched an urgent procedure for the waiver of immunity of two Members of the European Parliament. There will be no impunity. None,” promised European Parliament President Roberta Metsola on Twitter.

She called on “all services and committees to give priority to this procedure with a view to concluding it on 13 February,” when the European Parliament’s second plenary session starts this year.

The first plenary session will take place on January 16-19, but European bureaucratic mechanisms would not allow it to be completed at that time, hence Metsola’s deadline for the February session.

Several current and former EU officials and civil servants are charged in the case, which is linked to alleged money offered by Qatar and Morocco to promote a positive image of Qatar and influence EU institutions, including to allow visa-free travel for Qataris in the EU.

The most notable names accused in the case are Greek Socialist MEP Eva Kaili, who was sacked as European Parliament vice-president, and her life partner, Italian Francesco Giorgi, who is MEP Andrea Cozzolino’s assistant.

Kaili and Giorgi are currently in pre-trial detention in Belgium, as are former Italian Socialist MEP Pier-Antonio Panzeri and Niccolo Figa-Talamanca, who heads an NGO.

Tyler Durden
Wed, 01/04/2023 – 02:00

We’ve Reached Peak Zelensky. Now What?

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We’ve Reached Peak Zelensky. Now What?

Authored by Robert Freeman via Common Dreams,

When the president of the poorestmost corrupt nation in Europe is feted with multiple standing ovations by the combined Houses of Congress, and his name invoked in the same breath as Winston Churchill, you know we’ve reached Peak Zelensky.

It’s a farcical, almost psychotic over-promotion, probably surpassed only by the media’s shameful, hyperbolic railroading of the country into war with Iraq, in 2003. Paraphrasing Gertrude from Hamlet, “Methinks the media doth hype too much.”

Via NBC News 

Let’s remember that before ascending to his country’s presidency, Volodymyr Zelensky’s greatest claim to fame was that he could play the piano with his penis. I’m not joking. And he ran on a platform to unite his country for peace, and for making amends with Russia. Again, I’m not joking.

Now, he’s Europe’s George Washington, FDR, and Douglas MacArthur all rolled into one and before whom the mighty and powerful genuflect. Please. The only place to go from here is down. And, that is surely coming. Soon.

Consider some inconvenient facts that the fawning media, which is essentially the public relations arm of the weapons industry, doesn’t want you to know.

The European Commission President, Ursula von der Leyen, recently let slip that the Ukrainian army has lost more than 100,000 troops in the eight months since the beginning of the war. Over the nine-year span of the Vietnam War, the U.S. with a population six times that of Ukraine, lost a total of 58,220 men.

In other words, on a per day, per capita basis, Ukraine is losing soldiers at a rate 141 TIMES that of U.S. losses in Vietnam. The U.S. lost the public on Vietnam when middle class white boys began coming home in body bags. Does anybody with half a brain believe such losses in Ukraine are sustainable? Does anybody have another plan to avert such slaughter?

Von der Leyen is among the shrewdest public figures in the world. What she is doing is laying the predicate for Western withdrawal from Ukraine and ending the War. If you look at the facts on the ground, not the boosterish propaganda ladled out by the media, you can understand why.

In a matter of weeks, Russia, with its hypersonic missiles, destroyed half of Ukraine’s electrical power infrastructure. This, as winter is coming on. It can just as easily take out the other half, effectively bombing Ukraine back into the Stone Age. Is that what anybody wants?

The startling, indeed, terrifying part of this is that neither Ukraine nor the West have any defense against these hypersonic missiles. They travel so fast, and on variable trajectories, they cannot be shot down, even by the most advanced Western systems. They represent one of the greatest asymmetries in deliverable destructive power in the history of warfare, probably dwarfed only by the U.S.’s possession of atomic bombs at the end of World War II.

Again, there is no effective defense against them. The Russians have them. The Ukrainians don’t. Game over. Can you understand why leaders in the West are beginning to wake up?

On the conventional front, the Ukrainians are having trouble securing even conventional weapons to defend themselves. U.S. arms suppliers are working around the clock to replace their own stocks and the stocks that European countries have given to Ukraine. But the backlog is running into years. A recent headline from The Wall Street Journal stated, “Europe is Rushing Arms to Ukraine but Running Out of Ammo.”

Finally, the U.S. has committed $112 billion to Ukraine. That includes $45 billion just slipped into the omnibus funding bill against the likelihood that a Republican-controlled House will cut such funding, almost certainly substantially.

That’s more than $10 billion per month since the war started in February. And that doesn’t even count the subsidies, both material and financial, from the EU which amount to billions of dollars more per month.

Without such subsidies, Zelensky would not have lasted a month in the war. How many hours do you think he is going to last once that flow dries up? And it surely is.

The Europeans are coming to realize that their continent is being de-industrialized, literally moved backwards an entire epoch in economic terms, because of their willingness to serve as the doormat for the U.S.’ imperial war against Russia. Not even they, with their supine fealty to U.S. domination, are willing to commit collective economic suicide on behalf of the U.S.

France’s Macron and Germany’s Scholz are suggesting that accommodations to Russian interests must be devised in order to bring about a peaceful settlement of the war.

Macron suggested in a television address to his nation that an antagonized Russia is not in the security interests of Europe. “We need to prepare what we are ready to do…to give guarantees to Russia the day it returns to the negotiating table.”

Scholz was even more specific. In an article in Foreign Affairs he declared, “We have to go back to the agreements which we had in the last decades and which were the basis for peace and security order in Europe.”

This is a direct repudiation of the U.S.’s maximalist position before the start of the War, that Russia’s security needs were of no interest to a marauding NATO.

Even U.S. Secretary of State Anthony Blinken is now mooting the idea that territorial concessions must be on the table. In a Wall Street Journal article, Blinken stated that, “Our focus is…to take back territory that’s been seized from [Ukraine] since February 24th.”

Notice, that this is a significant climb down from the U.S.’ earlier position that all Russian gains since 2014, including Crimea, must be reversed before negotiations could begin. And this is just Blinken’s opening hand. More concessions are sure to follow as Russian gains become greater and their likelihood of being reversed, lesser.

Put these four things together: staggering, unsustainable losses of soldiers; terrifying, indefensible asymmetries of destructive power; inability to supply oneself with even conventional defensive weapons; and categorically reduced support from your most important backers.

Does that sound like the formula for winning a war? It is not. It’s the formula for losing the war, which is why von der Leyen, Macron, Scholz, and Blinken are now laying pipe for getting out. The tide is going out under Zelensky. He will soon be remembered as a Trivial Pursuits question, or an answer on Jeopardy: “The only modern head of state known to be able to play the piano with his penis.” Ding. “Contestant #3?” “Who is Volodymyr Zelensky?”

A peace will soon be declared. Russia will keep the Donbas and Crimea in recognition of the facts on the ground. Both sides will be better off for this. The Donbas is ethnically, linguistically, religiously, and culturally Russian, which is why it voted overwhelmingly for assimilation into Russia. Besides, if Kiev loved them so much, it wouldn’t have murdered 14,000 of them over the past eight years and resumed massive shelling in early February of this year, before the Russian invasion.

Ukraine will foreswear any future affiliation with NATO. This is Putin’s highest priority and what he asked for–and was denied–in his request to the U.S. and NATO last December, before the invasion was launched. If Russia begins its much-feared winter offensive, as many expect, Ukrainian generals will dispatch Zelensky in a coup rather than send their few remaining soldiers to certain annihilation.

U.S. grain and pharma conglomerates will buy up Ukrainian farmland—some of the best in the world—for pennies on the dollar. This is the standard MO of U.S. multinational vultures coming in after the kill to pick apart the carcasses. U.S. weapons makers will look for and help provoke the next feeding frenzy, much as they materialized Ukraine barely a year after the humiliating U.S. defeat in Afghanistan derailed their last gravy train.

Russia and China, driven together by U.S. bullying, will continue to constellate the nations of the Global South into an anti-Western bloc committed to collaborative, mutually profitable, peaceful development. The U.S. and its closest allies will cower behind the walls they’ve constructed of the ever-shrinking share of the global economy that they can manage to hold as their own.

Ukraine will prove a turning point in the dismantling of U.S. hegemony over global affairs that it has enjoyed—and, let’s be honest, often abused–since 1945. The U.S. public is not psychically prepared for such a come down. But that is the cost of living in the fantasy world that the media lavishes up to keep that self-same public ignorant, fearful, confused, entertained, and distracted.

Finally, the neo-cons who have led the U.S. into the serial debacles of Afghanistan, Iraq, and now Ukraine, costing the country tens of trillions of dollars and even greater amounts of destroyed reputational capital, will claim their customary immunity from any accountability for their savage failures and cheerily move on to their next calamity. We need to be on the lookout for their next gambit to pillage the treasury and advance their own private interests above those of the nation. It will surely come.

Tyler Durden
Tue, 01/03/2023 – 23:40

These Are The Longest-Lasting Cars (In Miles)

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These Are The Longest-Lasting Cars (In Miles)

When properly maintained, well-built cars can last an impressive amount of miles.

Consider this 2006 Honda Civic, which hit one million miles on its original engine and transmission. Amusingly, the car’s odometer maxes out at 999,999 miles.

While that case may be an extreme outlier, most modern cars are expected to last 200,000 miles before experiencing some significant failure. That’s roughly double the lifespan of cars from the 1960s and 1970s, which typically lasted about 100,000 miles.

In this infographic, Visual Capitalist’s Marcus Ls and Athul Alexander used data from iSeeCars to determine which cars are the most likely to reach⁠— or even surpass⁠—the 200,000 mile benchmark.

Study Methodology & Data

To come up with their rankings, iSeeCars analyzed over 2 million used cars between January and October 2022. The rankings are based on the mileage that the top 1% of cars within each model obtained. Models with less than 10 years of production, such as the Tesla Model 3, were excluded.

The following tables show an expanded list of the longest lasting cars, by model category. Our infographic only includes the top five from each.

Sedans & Hatchbacks

The only non-Japanese model in the top 10 is the Chevrolet Impala, which is one of the most commonly found rental cars in the U.S.

 

Another interesting takeaway is that Lexus is the only luxury brand in this list. This is likely due to the fact that Lexus and Toyota often share drivetrain components.

 

SUVs

iSeeCars has a larger top 20 list for the SUV category.

 

This is a more diverse list, with American and Japanese models seemingly on par. The GM family of SUVs (Tahoe, Suburban, Yukon, and Yukon XL) are narrowly edged out by Toyota’s full size options (Sequoia and Land Cruiser).

 

The Land Cruiser was discontinued in the U.S. for 2021, but it remains a very popular model in Middle Eastern countries like Bahrain, Qatar, and the UAE.

Pickup Trucks

Once again, Japanese manufacturers hold the top spots. According to Toyota, the Tundra is the only full-size pickup that is currently being built in Texas.

 

Despite their marginally higher potential lifespans, sales of Japanese trucks come nowhere close to their American counterparts.

 

Electric Cars

The last category is EVs, which due to the 10 years of production requirement, only includes the Tesla Model S (133,998 miles) and Nissan LEAF (98,081).

These figures are much lower than the gasoline cars discussed above, but it’s not exactly a fair comparison. We probably won’t be able to judge the long-term reliability of EVs until they’ve been around for at least another decade.

In addition to needing more time, another reason is scale—the Model S and LEAF have been sold in relatively limited numbers. The Tesla Model 3, which is the first EV to sell over one million units, will likely become the first reliable benchmark.

Tyler Durden
Tue, 01/03/2023 – 23:20

Victor Davis Hanson: The Baleful Cargo Of Woke Diversity Worship

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Victor Davis Hanson: The Baleful Cargo Of Woke Diversity Worship

Authored by Victor Davis Hanson via AmGreatness.com,

Just as uniformity can result in both stability and stagnation, so too can diversity sometimes ensure either dynamism or bedlam…

What do all our notable fabricators – George Santos, Joe Biden, Elizabeth Warren, Barack Obama – have in common? 

Well, quite like the Ward ChurchilIs or Rachel Dolezals of the world, one way or another, they lied about their identities. Or they sought fraudulent ways of suggesting their ancestries were marginalized. Or they had claims on being victims on the theory their constructed personas brought career advantages. 

George Santos claimed, apparently in search of a victimized status, that he was an “American Jew” and a “Latino Jew,” and a descendent of Holocaust survivors. 

Joe Biden lied that he went to “shul” as well as that he grew up in a veritable Puerto Rican household and just happened to attend a black college as well as being an honorary Greek.

Elizabeth Warren ended up a laughingstock for claiming her high cheekbones were proof of her Native-American ancestry—a lie she rode all the way to being the “first” Native-American professor on the Harvard Law school faculty. 

Somehow the half-white, prep-schooled Barry Soetoro, who had taken his Indonesian stepfather’s last name, rebooted in the university back to Barack Obama. The latter oddly did not catch his literary agent “misidentifying” him in a book promo as being born in Africa. And only as president, did we learn his “autobiographical” memoir was mostly a concoction.

This fixation with constructing identities is one of the great pathologies of our woke era.

When we obsess in neo-Confederate style on race, ethnicity, or religion as the defining element of who we are, and we do this to leverage political advantage, then we set off a chain-reaction of Yugoslavian- or Lebanese-style tribalism. Like nuclear proliferation, once one group goes tribal, then all others will strain to find their own deterrent tribal identity.

A Society of Lies

There are warning signs all around us of our fate to come if we do not stop this nihilism: Latino members of the Los Angeles City Council caught on a hot mic of matter-of-fact venting tribalist hatred and mocking of non-Latino tribes—blacks, gays, indigenous people, and whites. Or the Jussie Smollett farce, both the lies he concocted to promote his victimhood, and the lies the Chicago prosecutor office initially promulgated to ensure initial preferential treatment for Smollett based on his race. Read the comments posted below news stories of rampant swarming smash-and-grab, knockout game, or carjacking crimes—and be warned of the venomous and tribalist backlash to venomous tribalism.

In a world in which there are too many oppressed for the static number of oppressors, then it is perfectly logical that an Elizabeth Warren on the one hand would fabricate an advantageous identity for careerist opportunity, and a Jussie Smollett on the other hand would invent mythical white MAGA demons to ensure he was victimized and deserving of careerist reparations for his suffering.

Yet the tribal problem is not just an epidemic of false identities and fraudulent victims. Entire areas of social and political reality are now set off and exempt from rational discussion. We are currently witnessing an upsurge in black-male crime, often descending into disproportionate hate crimes perpetrated against Asians and Jews. Yet any discussion of this violence is taboo, lest one is deemed racist or illiberal.

Questioning the morality of allowing biological males to compete in women’s sports and to destroy decades of striving for equal female athletics likewise is put off-limits. 

So are discussions about the epidemic of illegitimacy and the negative effects of fatherless families contributing to problems in some minority communities.

Even the national challenge of epidemic obesity is racialized, as if worries about unhealthy weight of all Americans derive somehow from mythical white “body shaming.”

So are inquiries about how the states in tough economic times are to house, feed, care, educate, and instruct 5 million entrants across the southern border, arriving en masse and illegally, all without simple background checks, knowledge of English or a high-school diploma, and in non-diverse fashion. If the first thing an immigrant does is to break U.S. law by illegally crossing the border, and the second thing is illegally residing in the United States, then it is only logical that he concludes further illegal activity will be similarly exempt. Illegal immigration is not a noble endeavor but a crime against its host.

In sum, woke tribalism inevitably turns us into fabricators and society itself becomes a liar. 

Against Meritocracy

The old 1970s cynical canard that racial quotas would not extend to pilot training or neurosurgery is no longer true. Some of the major airlines have announced mandatory non-white acceptance quotas for pilot training, and not predicated on competitive résumés or standardized test scores. Many universities and professional schools are considering adopting pass/fail grading on the theory that affirmative action admissions must become synonymous with guaranteed graduation.

Yet what is the alternative once one travels this pathway? Suppose the idea of quota-based admissions is declared valid and salutary. In that case, grading must likewise be recalibrated along this long chain of anti-meritocracy to continue ensuring equality of results.

Licensing boards are next. If one is admitted to universities on diversity, equity, and inclusion concerns rather than demonstrable achievement as quantifiably determined by competitive grades and test scores and other definable exceptional achievements, and one is further graduated on the assurance that grades either will not be issued or will be inflated, then the logical next step is that licensing exam standards in law or medicine must likewise be relaxed so as not to interrupt the ever-lengthening wokeist chain. 

In other words, soon where one went to medical school, or what one did in medical school, or where one did his residency, or his certification by a medical board of examiners will become rather irrelevant. The point is not to recruit applicants with the most competitive records and to ensure that they all are subject to the same standard of rigorous instruction and assessment to ensure the public can have confidence in the medical profession, but to make sure that profession measures up to some artificial notions about diversity, equity, and inclusion. The relationship between these metrics and health is beside the point.

We forget that what once separated the Western world from the rest was not race, climate, or natural bounty, but its gradual creation of meritocracies replacing the pre-civilizational rule of the clan, the tribe, or the race. The old inherited and stubborn obstacles remained: aristocratic privilege, class chauvinism, and plutocratic clout that warred with qualifications. They were the ancient impediments to merit whose power in the West slowly was also dethroned. 

How ironic in their places, the reactionary Western world has simply created new exemptions and privileges, calibrated on premodern criteria such as race and sex that will set off chain tribal reactions as we degenerate into Hobbesian factionalism.

Anytime perceived merit, or something close to merit, was not the standard, a society either imploded or became impoverished and calcified. The racial, one-drop categories of the Old South or the Third Reich, or the colorized spectrum of the old apartheid South Africa, or the racial chauvinism of the new tribal South Africa, or the commissar system of the Soviet Union, or the religious intolerance of fundamentalist Islam, or the familial gangs and clannish tyranny of prewar Sicily ensured that all were dysfunctional societies, and often much worse than that. Opportunity was instead guaranteed, and excellence defined, by something other than demonstrable talent and achievement. 

There will be no exceptions granted to the United States from these rules of history. There are many talented black women in the corporate world, private sector, and elsewhere who would have made excellent vice presidents given their race was incidental and an afterthought to their achievement and talent.  

The Best We’ve Got?

But Kamala Harris is not among them. She was selected by Biden’s braggadocio not because of any past stellar record as a Bay Area prosecutor, an accomplished senator, an effective orator, or a superb presidential candidate, but because a frightened Joe Biden amid the George Floyd riots announced in advance that he would preselect his running mate exclusively on the basis of race and sex, sort of in the fashion of the white male-dominated world of the past. 

Ditto Pete Buttigieg, who, in his dismal record as a rather inconsequential small city mayor and failed presidential candidate, had never evidenced aptitude for transportation issues—other than occasionally and ostentatiously riding a bike. He was never expected to seriously address problems like spiraling auto fuel prices, the bottlenecks at our harbors, the wild-west train robbing at the port of Los Angeles, the Southwest Airlines implosion, or our clogged freeways. Instead, he was appointed Transportation Secretary because of the diversity of his sexual orientation and his woke rhetoric that almost immediately surfaced in wildly out-of-pocket lectures about “racist” freeways. 

Similarly, upon appointment as press secretary, we were immediately told Karine Jean-Pierre was the nation’s first black, gay press secretary rather than being asked to recognize any prior achievement that earned her such a coveted spot. Few said her appointment reflected a successful record as chief of staff for Kamala Harris’ not-one-delegate presidential campaign, or national megaphone for an ossified Moveon.org, or her stellar work as an MSNBC pundit. 

What will a university like Stanford do when it admits much of its 2026 class largely on the basis of tribal considerations? It does not release who of the admitted opted not to take the now-optional SAT. It seems proud, in fact, that it has rejected in the past 70 percent of those applicants with perfect SAT scores. So why would one believe that Stanford truly deplores its past Jewish exclusionary quotas, when it easily trumps them in the present—and uses the same argument of diversity to excuse prejudice and disqualifying those who, by its own former standards, had earned admission? 

Diversity is neither a strength nor a weakness. Diversity of thought can be helpful, or become chaotic as orthodoxy. Hitler’s 3.7 million soldiers who charged into Russia were especially diverse, but that fact did not make the invaders less murderous.

A multi-religious India is certainly diverse, but is not always calm or humane. Yugoslavia was diverse, and so is current-day Lebanon. Was either country a kinder, gentler, or more successful society than decidedly nondiverse Japan or Poland?

Just as uniformity can result in both stability and stagnation, so too can diversity sometimes ensure either dynamism or bedlam. In all these cases, the emphasis on tribalism is the critical determinative. If a 95 percent Asian or white country defines itself in blood-and-soil terms as did Japan of the 1930s and early 1940s and Germany between 1933 and 1945, then it becomes toxic, unlike a more natural assumption that race is incidental, not essential, even in a racially uniform society.

The same is true of diversity. Accentuate it; sharpen differences; treat individuals as part of tribal collectives—and a descent into violence and anarchy is assured. But consider tribal differences superficial, and human commonality more important than racial difference, then diversity can be enriching through voluntary contributions to the whole in terms of varieties of food, music, art, fashion, and literature. But again, envision diversity as iron-clad calibrations of identity in which the individual cedes to the collective tribe, then a tribally regressive America will be no different from the world elsewhere and our fate is assured.

So, we are headed, dangerously so, into an historically ugly, hateful, and volatile place—all the more so because we lie that it is utopian when it is pre-civilizational and reactionary.

Tyler Durden
Tue, 01/03/2023 – 23:00

California Bill To Punish Doctors For ‘False’ Covid-19 Information Goes Into Effect

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California Bill To Punish Doctors For ‘False’ Covid-19 Information Goes Into Effect

A bill which allows the state of California to punish doctors over ‘false information about Covid-19 vaccinations and treatments’ went into effect on January 1st.

Under the new law (AB 2098) which took effect Jan.1, the state’s Medical Board would categorize dispensing information – such as the effectiveness of Ivermectin, or the Covid-19 vaccine’s rapidly waning efficacy, as unprofessional conduct.

The law was challenged in court by two California doctors, who said that it would restrict their free speech in violation of the first amendment, and that it was “vague” under the Due Process Clause of the Fourteenth Amendment of the Constitution.

However on December 28th, Biden Nominee Judge Fred Slaughter refused to halt the law, ruling that the law trumps free speech claims, and that it falls “within the longstanding tradition of regulations on the practice of medical treatments.”

Another lawsuit, brought by Physicians for Informed Consent, was filed in the US District Court for the Eastern District of California in early December. The plaintiffs, physician LeTrinh Hoang and Children’s Health Defense, are being represented by Rick Jaffe, Robert F. Kennedy Jr., and Mary Holland, and argues that the state of California has weaponized the vague phrase “misinformation,” and thereby has illegally targeted physicians who disagree with the government’s public stance on Covid-19.

Expert cardiologist and PIC member Sanjay Verma, M.D., has been tracking and cataloging CDC errors in real time. For the case, he has provided what he calls “a detailed declaration exposing the government’s scientific errors and the constitutional dangers of censoring dissent”:

“To demonstrate these points of vagueness and the general unsuitability of using ‘contemporary scientific consensus’ as a disciplinary criterion, I have prepared a detailed overview of public health response to the pandemic broken down into categories such as Masks and Vaccines (transmission, safety, efficacy of natural immunity). I have also included evidence of what [I testify] would be considered misinformation promulgated by the CDC as well as its withholding of information which led to the then ‘contemporary scientific consensus’ eventually being proven wrong.” –KRON4

Tyler Durden
Tue, 01/03/2023 – 22:40

Niall Ferguson: “Kissinger Is Right To Worry” About Possibility Of World War 3

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Niall Ferguson: “Kissinger Is Right To Worry” About Possibility Of World War 3

Authored by Niall Ferguson, op-ed via Bloomberg.com,

2022 was the year in which war made a comeback. But Cold War II could become World War III in 2023… with China as the arsenal of autocracy.

War is hell on earth – and if you doubt it, visit Ukraine or watch Edward Berger’s All Quiet on the Western Front, Netflix’s gut-wrenching new adaptation of Erich Maria Remarque’s classic antiwar novel of 1929.

Even a small war is hellish for those caught up in it, of course. But a world war is the worst thing we humans have ever done to one another. In a memorable essay published last month, Henry Kissinger reflected on “How to Avoid Another World War.” In 1914, “The nations of Europe, insufficiently familiar with how technology had enhanced their respective military forces, proceeded to inflict unprecedented devastation on one another.” Then, after two years of industrialized slaughter, “the principal combatants in the West (Britain, France and Germany) began to explore prospects for ending the carnage.” Even with US intermediation, the effort failed.

Kissinger posed an important question: “Does the world today find itself at a comparable turning point [like the opportunity for peace in 1916] in Ukraine as winter imposes a pause on large-scale military operations there?” This time last year, I predicted that Russia would invade Ukraine. The question one year later is whether there is a way to end this war, or whether it is destined to grow into something much larger.

As Kissinger rightly points out, two nuclear-armed powers are currently contesting the fate of Ukraine. One side, Russia, is directly engaged in conventional warfare. However, the US and its allies are fighting indirectly by providing Ukraine with what Alex Karp, chief executive of Palantir Technologies Inc., calls “the power of advanced algorithmic warfare systems.” These are now so potent, he recently told the Washington Post’s David Ignatius, that they “equate to having tactical nuclear weapons against an adversary with only conventional ones.” Take a moment to ponder the implications of that.

War is back. Could world war also make a comeback? If so, it will affect all of our lives. In the second interwar era (1991-2019), we lost sight of the role of war in the global economy. Because the wars of that time were small (Bosnia, Afghanistan, Iraq), we forgot that war is history’s favorite driver of inflation, debt defaults — even famines. That is because large-scale war is simultaneously destructive of productive capacity, disruptive of trade, and destabilizing of fiscal and monetary policies.

But war is as much about the mobilization of real resources as it is about finance and money: Every great power needs to be able to feed its population and power its industry. In times of high interdependence (globalization), a great power needs to retain the option to revert to self-sufficiency in time of war. And self-sufficiency makes things more expensive than relying on free trade and comparative advantage.

Throughout history, the principal source of power is technological superiority in armaments, including intelligence and communications. A critical question is therefore: What are the key inputs without which a state-of-the-art military is unattainable?

In 1914, they were coal, iron and the manufacturing capacity to mass-produce artillery and shells, as well as steamships. In 1939, they were oil, steel, aluminum and the manufacturing capacity to mass-produce artillery, ships, submarines, planes and tanks. After 1945 it was all of the above, plus the scientific and technical capacity to produce nuclear weapons.

Today, the vital inputs are the capacity to mass-produce high-performance semiconductors, satellites, and the algorithmic warfare systems that depend on them.

What were the principal lessons of the 20th-century world wars? First, the American combination of technological and financial leadership, plus abundant natural resources, was impossible to beat. Secondly, however, the dominant Anglophone empires were poor at deterrence. The UK failed twice to dissuade Germany and its allies from gambling on world war. This was mainly because Liberal and Conservative governments alike were unwilling to ask voters for peacetime sacrifices, and they failed at statecraft. The result was two very expensive conflicts that cost much more in life and treasure than effective deterrence would have — and left the UK exhausted and unable to sustain its empire.

The US has been the dominant Anglophone empire since the Suez Crisis of 1956. With the threat of nuclear Armageddon, the US successfully deterred the Soviet Union from advancing its Marxist-Leninist empire in Europe much beyond the rivers Elbe and Danube. But America was relatively unsuccessful at preventing the spread of communism by Soviet-backed organizations and regimes in what was then known as the Third World.

The US is still bad at deterrence. Last year, it failed to deter President Vladimir Putin from invading Ukraine, mainly because it had low confidence in the Ukrainian defense forces it had trained and the Kyiv government that controlled them. The latest objective of American deterrence is Taiwan, a functionally autonomous democracy that China claims as its own. 

In October, President Joe Biden’s administration belatedly published its National Security Strategy. Such documents are always the work of a committee, but internal dissonance shouldn’t be this obvious. “The post-Cold War era is definitively over,” the authors declare, “and a competition is underway between the major powers to shape what comes next.” However, “we do not seek conflict or a new Cold War.” For the major powers have “shared challenges” such as climate change and Covid and other pandemic diseases.

On the other hand, “Russia poses an immediate threat to the free and open international system, recklessly flouting the basic laws of the international order today, as its brutal war of aggression against Ukraine has shown.” China, meanwhile, is “the only competitor with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military and technological power to advance that objective.”

So what will the US do to check these rivals? The answer sounds remarkably similar to what it did in Cold War I:

  • “We will assemble the strongest possible coalitions to advance and defend a world that is free, open, prosperous and secure.”

  • “We will prioritize maintaining an enduring competitive edge over the PRC while constraining a still profoundly dangerous Russia.”

  • “We must ensure strategic competitors cannot exploit foundational American and allied technologies, know-how, or data to undermine American and allied security.”

In other words: form and maintain alliances and try to prevent the other side from catching up technologically. This is a cold war strategy in all but name.

US support for Ukraine since the Feb. 24 invasion has undoubtedly succeeded in weakening Putin’s regime. The Russian military has suffered disastrous losses of trained manpower and equipment. The Russian economy may not have contracted by as much as Washington hoped (a mere 3.4% last year, according to the International Monetary Fund), but Russian imports have crashed due to Western export controls. As Russia’s stock of imported component parts and machinery runs down, Russian industry will face deep disruptions, including in the defense and energy sectors.

Last year, Russia cut off gas exports to Europe that it cannot reroute, as there are no alternative pipelines. Putin thought the gas weapon would allow him to divide the West. So far, it has not worked. Russia also tried choking Black Sea grain exports. But that lever had little strategic value as the biggest losers of the blockade were poor African and Middle Eastern countries.

The net result of Putin’s war thus far has been to reduce Russia to something like an economic appendage of China, its biggest trading partner. And Western sanctions mean that what Russia exports to China is sold at a discount.

There are two obvious problems with US strategy, however. The first is that if algorithmic weapons systems are the equivalent of tactical nuclear weapons, Putin may eventually be driven to using the latter, as he clearly lacks the former. The second is that the Biden administration appears to have delegated to Kyiv the timing of any peace negotiations — and the preconditions the Ukrainians demand are manifestly unacceptable in Moscow.

The war therefore seems destined, like the Korean War in Cold War I, to drag on until a stalemate is reached, Putin dies and an armistice is agreed that draws a new border between Ukraine and Russia. The problem with protracted wars is that the US and European publics tend to get sick of them well before the enemy does.

China is a much tougher nut to crack than Russia. Whereas a proxy war is driving Russia’s economy and military back into the 1990s, the preferred approach to China is to stunt its technological growth, particularly with respect to — in the words of National Security Adviser Jake Sullivan — “computing-related technologies, including microelectronics, quantum information systems and artificial intelligence” and “biotechnologies and biomanufacturing.”

“On export controls,” Sullivan went on, “we have to revisit the longstanding premise of maintaining ‘relative’ advantages over competitors in certain key technologies.  We previously maintained a ‘sliding scale’ approach that said we need to stay only a couple of generations ahead. That is not the strategic environment we are in today.  Given the foundational nature of certain technologies, such as advanced logic and memory chips, we must maintain as large of a lead as possible.”

Sanctions on Russia, argued Sullivan, had “demonstrated that technology export controls can be more than just a preventative tool.” They can be “a new strategic asset in the US and allied toolkit.” Meanwhile, the US is going to ramp up its investment in home-produced semiconductors and related hardware.

The experience of Cold War I confirms that such methods can work. Export controls were part of the reason the Soviet economy could not keep pace with the US in information technology. The question is whether this approach can work against China, which is as much the workshop of the world today as America was in the 20th century, with a far broader and deeper industrial economy than the Soviet Union ever achieved.

Readers of the science-fiction novel The Three-Body Problem by Liu Cixin will recall that the aliens from the planet Trisolaris use intergalactic surveillance to halt technological advance on Earth while their invasion force makes its way through deep space. Can arresting China’s development really be how the US prevails in Cold War II?

True, recent Commerce Department restrictions — on the transfer of advanced graphics processing units to China, the use of American chips and expertise in Chinese supercomputers, and the export to China of chipmaking technology — pose major problems for Beijing. They essentially cut the People’s Republic off from all high-end semiconductor chips, including those made in Taiwan and Korea, as well as all chip experts who are “US persons,” which includes green-card holders as well as citizens.

It’s also true that there are no quick fixes for Chinese President Xi Jinping. Most of China’s fabrication capacity is at low-tech nodes (larger in size than 16 nanometers). He cannot conjure up overnight a mainland clone of Taiwan Semiconductor Manufacturing Co.,  which leads the world in the sophistication of its chips. Nor can Xi expect that TSMC would conduct business as usual if China launched a successful invasion of Taiwan. The company’s chip fabs would almost certainly be destroyed in a war. Even if they survived, they could not function without TSMC personnel, who might flee, and equipment from the US, Japan and Europe, which would cease to be available.

Yet China has other cards it can play. It is dominant in the processing of minerals that are vital to the modern economy, including copper, nickel, cobalt and lithium. In particular, China controls over 70% of rare earth production both in terms of extraction and processing. These are 17 minerals used to make components in devices such as smartphones, electric vehicles, solar panels and semiconductors. An embargo on their export to the US might not be a lethal blow, but it would force the US and its allies to develop other sources in a hurry.

America’s Achilles heel is often seen as its unsustainable fiscal path. At some point in the coming decade, according to the Congressional Budget Office, interest payments on the federal debt are likely to exceed defense spending. Meanwhile, it is not immediately obvious who buys all the additional Treasuries issued each year if the Federal Reserve is engaged in quantitative tightening.

Might this give China an opportunity to exert financial pressure on the US? In July, it held $970 billion worth of Treasuries, making it the second-largest foreign holder of US debt. As has often been pointed out, if China chose to dump its Treasuries, it would drive up US bond yields and bring down the dollar, though not without causing considerable pain to itself.

Yet the bigger American vulnerability may be in the realm of resources rather than finance. The US long ago ceased to be a manufacturing economy. It has become a great importer from the rest of the world. As Matthew Suarez, a lieutenant in the US Marine Corps, points out in an insightful essay at American Purpose, that makes the nation heavily reliant on the world’s merchant marine. “Setting aside the movement of oil and bulk commodities,” Suarez writes, “most internationally traded goods travel in one of six million containers transported in approximately 61,000 ships. This flow of goods depends on an equally robust parallel flow of digital information.”

The growing dominance of China in both these areas should not be underestimated. Beijing’s Belt and Road Initiative has created infrastructure that reduces Chinese reliance on seaborne trade. Meanwhile, Shanghai Westwell Lab Information Technology Co. is rapidly becoming the leading vendor of the most advanced port-operating systems.

The war in Ukraine has provided a reminder that the disruption of trade is a vital weapon of war. It has also reminded us that a great power must be in a position to mass-produce modern weaponry, with or without access to imports. Both sides in the war have consumed staggering quantities of shells and missiles as well as armored vehicles and drones. The big question raised by any Chinese-American conflict is how long the US could sustain it.

As my Hoover Institution colleague Jackie Schneider has pointed out, just “four months of support to Ukraine … depleted much of the stockpile of such weapons, including a third of the US Javelin arsenal and a quarter of US Stingers.” According to the Royal United Services Institute, the artillery ammunition that the US currently produces in a year would have sufficed for only 10 days to two weeks of combat in Ukraine in the early phase of the war.

A February 2022 Department of Defense report on industrial capacity warned that the US companies producing tactical missiles, fixed-wing aircraft and satellites had reduced their output by more than half.

As I have pointed out elsewhere, the US today is in some ways in the situation of the British Empire in the 1930s. If it repeats the mistakes successive UK governments made in that decade, a fiscally overstretched America will fail to deter a nascent Axis-like combination of Russia, Iran and China from risking simultaneous conflict in three theaters: Eastern Europe, the Middle East and the Far East. The difference is that there will be no sympathetic industrial power to serve as the “arsenal of democracy” — a phrase used by President Franklin D. Roosevelt in a radio broadcast on Dec. 29, 1940. This time it is the autocracies that have the arsenal.

The Biden administration must be exceedingly careful not to pursue economic warfare against China so aggressively that Beijing finds itself in the position of Japan in 1941, with no better option than to strike early and hope for military success. This would be very dangerous indeed, as China’s position today is much stronger than Japan’s was then.

Kissinger is right to worry about the perils of a world war. The first and second world wars were each preceded by smaller conflicts: the Balkan Wars of 1912 and 1913, the Italian invasion of Abyssinia (1936), the Spanish Civil War (1936-39), the Sino-Japanese War (1937).

The Russian invasion of Ukraine may seem to be going well for the West right now.

But in a worst-case scenario, it could be a similar harbinger of a much wider war.

Tyler Durden
Tue, 01/03/2023 – 22:20