Where are we going?
It looks like the banks have off-balance sheet items which is odd to me as I was taught that a balance sheet is a spotlight on a businesses financial standing at a moment of time. So what is this off balance sheet thing? Why is it not included? If it would materially dwarf the details if brought in, then you can have balance sheet for the various entities and a consolidated balance sheet which gives the full picture. What is so reasonable about that? All publicly listed corps are supposed to be transparent. If you want to avoid that, then go private!
Off balance sheet = something to hide
The US national debt is being ramped up beyond the ability of the US government to pay. And yet more is being added to the debt. And what is the money being spent on? Is it something that will increase valuable final products? It seems not as I have not heard of new towns being built and new farms and new factories or the infrastructure put in to allow the current industry to produce more. I admit I am unsure of how this would be accomplished. Tendrils of thought come through that geothermal energy would be good, wind farms, solar farms seem a good idea. For California I would advocate a means to handle the potential water shortage. Desalination plants, water conservation schemes, would also help make it possible for production to occur.
Food. It is said that the USA could produce enough food to feed the world. But at what cost? I may be off the mark here, but my understanding is that monoculture is destroying the soil and GM seeds are producing food that is not biologically assimilable. If the fertilizer supplies fail (oil?) then so will the crops. Hence rotating crops is needed.
Water. Climate change is altering the distribution of water. For example, Australia is suffering droughts which are lasting longer than they used to. New Zealand suffered 4 severe drought seasons in a row. Therefore, desalinization and irrigation are needed. This is a type of infrastructure that will boost farming and food and also provide water for towns as a by-product.
This is the food for thought for now.
It looks like the banks have off-balance sheet items which is odd to me as I was taught that a balance sheet is a spotlight on a businesses financial standing at a moment of time. So what is this off balance sheet thing? Why is it not included? If it would materially dwarf the details if brought in, then you can have balance sheet for the various entities and a consolidated balance sheet which gives the full picture. What is so reasonable about that? All publicly listed corps are supposed to be transparent. If you want to avoid that, then go private!
Off balance sheet = something to hide
The US national debt is being ramped up beyond the ability of the US government to pay. And yet more is being added to the debt. And what is the money being spent on? Is it something that will increase valuable final products? It seems not as I have not heard of new towns being built and new farms and new factories or the infrastructure put in to allow the current industry to produce more. I admit I am unsure of how this would be accomplished. Tendrils of thought come through that geothermal energy would be good, wind farms, solar farms seem a good idea. For California I would advocate a means to handle the potential water shortage. Desalination plants, water conservation schemes, would also help make it possible for production to occur.
Food. It is said that the USA could produce enough food to feed the world. But at what cost? I may be off the mark here, but my understanding is that monoculture is destroying the soil and GM seeds are producing food that is not biologically assimilable. If the fertilizer supplies fail (oil?) then so will the crops. Hence rotating crops is needed.
Water. Climate change is altering the distribution of water. For example, Australia is suffering droughts which are lasting longer than they used to. New Zealand suffered 4 severe drought seasons in a row. Therefore, desalinization and irrigation are needed. This is a type of infrastructure that will boost farming and food and also provide water for towns as a by-product.
This is the food for thought for now.
Labels: creation of real value, world food, world water
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