As 2012 has less than 2 months to go, it would be 2 years of no tv watching for me. This greek guy 'BitnikGr's channel on youtube is my fav for russian WWII & military related videos.
His channel offers a glimpse into russian made tv programs. Is a nice break away from western perspective(US & British) especially on WWII. I enjoyed 'Wings of Russia' which he uploaded. Now i'm around 80% through the 'Weapons of Victory' short clips of WWII soviet weaponry.
Switch to 480 quality & full screen view---> Tank Race! T-34 vs T-90! [New window]
I found it simply amazing the russians drove the granddaddy WWII antique tank T-34 out of the museum. Russian tv is so much better than S'pore's mediacorpse. No kiasuism fearing the antique tank will get damaged/spoilt which it did during the program.
Even if you don't delve into WWII history or military stuff i still recommend watching the entertaining 33min show to see how lousy & lack of creativity S'pore's tv programs are.
Is new necessarily better? You'll be surprised at certain aspects.
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Related Soviet WWII video:
Soviet Storm: Soviet Perspective of WWII
Musings from a peasant living in Overworked, Overconsumption & Time-Starved Sillypore.
Wednesday, November 7, 2012
Tuesday, November 6, 2012
What 54% Drop in S'pore Airlines 2nd Qtr Net Profit Mean for Sinkies
Due to weak demand & high oil prices, S'pore Airlines(SIA) posted a 54% drop in 2nd qtr net profit. It was reported that fuel costs accounts for 41% for the airline & 50% for its cargo planes.
Its CEO Goh Choon Phong said: "Every US dollar increase in fuel cost per barrel will contribute almost S$45 million in terms of cost for the group.
No clear skies ahead for SIA also means no clear skies ahead for the masses. As baby boomers around the world are retiring, there's ain't much $$ to spend(weak demand). Era of cheap oil is over as Deepwater Horizon oil spill diasaster has shown -drilling in deepwaters is desperate.
After a break of 26 years, now the Youth Olympic Games overbudget minister is buildling 10 hawker centers in 5 years. Previous timeframe is 10 years. If don't build the hungry old peasants gonna riot already!
Asset rich cash poor is what describes many sinkies as bulk of their retirment $$ are used for housing mortgage. High oil prices will eventually force these baby boomer retirees to sell/downgrade their homes to buy food.
The incumbent Pro Alien Party cannot win against these greater forces (expensive oil + boomers retiring). Hence the collapse of the property market which is already in bubble territory.
The economy does not like high oil prices as seen in the oil shocks of the 70s. This time we have a wave of retiring baby boomers as 'catalyst'.
Its CEO Goh Choon Phong said: "Every US dollar increase in fuel cost per barrel will contribute almost S$45 million in terms of cost for the group.
No clear skies ahead for SIA also means no clear skies ahead for the masses. As baby boomers around the world are retiring, there's ain't much $$ to spend(weak demand). Era of cheap oil is over as Deepwater Horizon oil spill diasaster has shown -drilling in deepwaters is desperate.
After a break of 26 years, now the Youth Olympic Games overbudget minister is buildling 10 hawker centers in 5 years. Previous timeframe is 10 years. If don't build the hungry old peasants gonna riot already!
Asset rich cash poor is what describes many sinkies as bulk of their retirment $$ are used for housing mortgage. High oil prices will eventually force these baby boomer retirees to sell/downgrade their homes to buy food.
The incumbent Pro Alien Party cannot win against these greater forces (expensive oil + boomers retiring). Hence the collapse of the property market which is already in bubble territory.
The economy does not like high oil prices as seen in the oil shocks of the 70s. This time we have a wave of retiring baby boomers as 'catalyst'.
Expensive oil + Boomers retiring = Property market collapse(SG) & Severe Recession
Wednesday, October 31, 2012
Super Hurricane Sandy & End of Current Economic Growth Model
On the previous Wednesday(24th) i wrote about the change in weather which most people are still 'asleep' with regard to its seriousness.
Super Hurriance Sandy which hit eastern US is the largest Atlantic hurricane in diameter on record thus is called 'super'. A few papers even dubbed it 'Frankenstorm'.
We are hitting the limits of our current model of economic growth. There are limits to what Mother Nature can sustain.
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"We are approaching a cliff & no one is driving, No one is putting on the brakes. In fact we have people in charge still trying to step on the accelerator saying we need more economic growth at any costs. Because that's what it takes to keep the economy going & people with jobs & politicians elected. But how do we get more economic growth? By burning more fossil fuels which just make all the problems worse."-Richard Heinberg speech in 2010
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The moment Richard Heinberg says those words in red, i know the best example is S'pore's Pro Alien Party. I have been hammering at the repugnant approach the Pro Alien Party utilizes to grow the economy like cancer. No other nation on this planet import & import & import so many Consumers (again i don't use Citizens) that foreigners make up 40% of the population in this tiny island.
More consumers to eat eat eat, shit shit shit. That's why a few call the S'pore economy an Eat & Shit economy. All these burn up more fossil fuels. As Richard Heinberg said, it just make the problems worse.
Who Killed Economic Growth: 6min 30secs . Watch it 2x.
You can see there's no recovery till now since the dotcom bubble burst in 2000 in the chart in my blogpost: 5 Years On & Still No Recovery in Overall Market
Again in my blogpost yesterday - Gotthard Base Tunnel - Reflects How S'pore Veers Off-course. Switzerland does not resort to massive importation of consumers to eat & shit in order to boost consumption & drive gdp. They don't need more vehicles on the road to suck $$ via parking fees, electronic road pricing, petrol taxes etc.
As the current economic model is unsustainable, the housing bubble in S'pore is similarly unsustainable. It will collapse. Many sinkie's retirement $$ which went into house payments & hoping to sell & downgrade will have devastating losses.
Super Hurriance Sandy which hit eastern US is the largest Atlantic hurricane in diameter on record thus is called 'super'. A few papers even dubbed it 'Frankenstorm'.
We are hitting the limits of our current model of economic growth. There are limits to what Mother Nature can sustain.
------------------------------------------------------------------
"We are approaching a cliff & no one is driving, No one is putting on the brakes. In fact we have people in charge still trying to step on the accelerator saying we need more economic growth at any costs. Because that's what it takes to keep the economy going & people with jobs & politicians elected. But how do we get more economic growth? By burning more fossil fuels which just make all the problems worse."-Richard Heinberg speech in 2010
------------------------------------------------------------------
The moment Richard Heinberg says those words in red, i know the best example is S'pore's Pro Alien Party. I have been hammering at the repugnant approach the Pro Alien Party utilizes to grow the economy like cancer. No other nation on this planet import & import & import so many Consumers (again i don't use Citizens) that foreigners make up 40% of the population in this tiny island.
More consumers to eat eat eat, shit shit shit. That's why a few call the S'pore economy an Eat & Shit economy. All these burn up more fossil fuels. As Richard Heinberg said, it just make the problems worse.
Who Killed Economic Growth: 6min 30secs . Watch it 2x.
You can see there's no recovery till now since the dotcom bubble burst in 2000 in the chart in my blogpost: 5 Years On & Still No Recovery in Overall Market
Again in my blogpost yesterday - Gotthard Base Tunnel - Reflects How S'pore Veers Off-course. Switzerland does not resort to massive importation of consumers to eat & shit in order to boost consumption & drive gdp. They don't need more vehicles on the road to suck $$ via parking fees, electronic road pricing, petrol taxes etc.
As the current economic model is unsustainable, the housing bubble in S'pore is similarly unsustainable. It will collapse. Many sinkie's retirement $$ which went into house payments & hoping to sell & downgrade will have devastating losses.
Tuesday, October 30, 2012
Gotthard Base Tunnel - Reflects How S'pore Veers Off-course
Swiss standard of living was what we were told to look forward to back in the 1990s. Looking at the Gotthard Base Tunnel being bored through in 2010 reflects how far sillypore has veered away. Now sillypore is congested with vehicles while the swiss want to preserve their prestine alpine environment & cut down pollution.
Sillypore's infrastructure is bursting at the seams with flooding of 'consumers' in bid to grow gdp at all costs like cancer while the swiss started on their costly longest tunnel in world(57km) infrastructure 16 years ago.
Purposes according to wikipedia:
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Primary purpose: Shift freight volumes from road to rail to reduce environmental damage caused by ever-increasing numbers of trucks.
Secondary purpose: Cut passenger trains journey time from Zürich to Milan/Lugano.
---------------------------------------------
1min 14s video:
See final rocks being smashed through at the celebration ceremony. See how farsighted the swiss govt is >15years ago without being paid obscene salaries compared to current sillypore govt ministers ruling a tiny dot with crumbling infrastructure.
Sillypore's infrastructure is bursting at the seams with flooding of 'consumers' in bid to grow gdp at all costs like cancer while the swiss started on their costly longest tunnel in world(57km) infrastructure 16 years ago.
Purposes according to wikipedia:
---------------------------------------------
Primary purpose: Shift freight volumes from road to rail to reduce environmental damage caused by ever-increasing numbers of trucks.
Secondary purpose: Cut passenger trains journey time from Zürich to Milan/Lugano.
---------------------------------------------
1min 14s video:
See final rocks being smashed through at the celebration ceremony. See how farsighted the swiss govt is >15years ago without being paid obscene salaries compared to current sillypore govt ministers ruling a tiny dot with crumbling infrastructure.
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