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Thomas Zahler
687 followers -
Co-Founder of HcAL (Healthcare Awareness and Logistics) L3c
Co-Founder of HcAL (Healthcare Awareness and Logistics) L3c

687 followers
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Suffer the lesser if you are willing to suffer the greater,if you choose to leave a legacy.

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Quote: The same actions you would take to prepare for a societal collapse are the same things you would do to prevent a collapse. – Former Twitter Founder before IPO

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You scoff at checklists ? Well….my friend ponder this….. NASA, ESA, RSC, CSA and many others ALL use checklists…..and the last time I checked the majority of their “employees” including the best and brightest of humanity, the astronauts, ALL use checklists to ensure as-near-to-perfect operations as possible.

https://en.wikipedia.org/wiki/List_of_government_space_agencies

So…. the next time you ridicule my checklists to ensure a high degree of accuracy consider how the best of humanity operates.

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https://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000


Institutions such as hedge funds, pension funds and investment banks like Barclays Capital, Goldman Sachs and Morgan Stanley[60] have been instrumental in pushing up prices in the last five years, with investment in food commodities rising from $65bn to $126bn (£41bn to £79bn) between 2007 and 2012, contributing to 30-year highs. This has caused price fluctuations which are not strongly related to the actual supply of food, according to the United Nations.[60] Financial institutions now make up 61% of all investment in wheat futures. According to Olivier De Schutter, the UN special rapporteur on food, there was a rush by institutions to enter the food market following George W Bush's Commodities Futures Modernization Act of 2000.[60] De Schutter told the Independent in March 2012: "What we are seeing now is that these financial markets have developed massively with the arrival of these new financial investors, who are purely interested in the short-term monetary gain and are not really interested in the physical thing – they never actually buy the ton of wheat or maize; they only buy a promise to buy or to sell. The result of this financialisation of the commodities market is that the prices of the products respond increasingly to a purely speculative logic. This explains why in very short periods of time we see prices spiking or bubbles exploding, because prices are less and less determined by the real match between supply and demand."[60] In 2011, 450 economists from around the world called on the G20 to regulate the commodities market more.[60]

Some experts have said that speculation has merely aggravated other factors, such as climate change, competition with bio-fuels and overall rising demand.[60] However, some such as Jayati Ghosh, professor of economics at Jawaharlal Nehru University in New Delhi, have pointed out that prices have increased irrespective of supply and demand issues: Ghosh points to world wheat prices, which doubled in the period from June to December 2010, despite there being no fall in global supply.[60]
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