Farmer Diaries

 It has been nearly a week since the midterm elections. For the first time in a long time, the GOP has not tried to contest the results. The reason is simple. The numbers are too large. For example, between Tallaricoand Abbott in Texas the difference was 1.2 million votes. Too many votes to overthrow the elections. The first impact midterm is started to be felt, as Trump nominees depart White House, the justice department, and other US government departments. Not so much as rat fleeing the ship, but humans realizing the game is over. And the next two years are going to be at best brutal. Already Donald Trump suffered from an incredibly shallow bench of competent players. With the rather amusing situation yesterday, when the UFC owner was talented as possible, press secretary, the job he actually turned down, when it is more than likely, the intended recipient was a press spokesman for the pentagon, also called Dohna White. The big question, is will Donald Trump last the next two ye...

 The fact that this is even news in 2026 is amusing enough. What is in funnier, is those that are outraged? Did not even try to find out that the numerals currently used everywhere in the world are actually Arabic. The other numbers are Romans. It’s a bit like that student a few years ago who tried to have water banned a school property because he said hydroxide oxygenated was a dangerous solvent. He just can’t make this shit up.

 There’s really no way to phrase it differently, but Tuesday is blowout midterm election in the United States was a tsunami against the GOP majority. For the first time since 1992, the Democrat Democrats have a commanding lead in the chamber of representatives. It has a commanding majority in the Senate and wow it is not able to do what it wants, it has readjusted what the government of the United States will achieve over the next year. first and foremost, the legislative side of the US government will push hard to end the unjustified and misguided war with Iran. There is no doubt in anyone’s mind, that the first to be thrown to the wolves will be The secretary of defence who has proven to be a largely intellectual buffoon more concerned with the shape of the ass of his general, then Wood military readiness. Number two on the list has to be RFK The reasons Are two numerous to enumerate, but first and foremost is a return of measles. More interesting is what will Donald Trump do? I ...

Well today, November 3 are the midterm elections across United States, where every representant from Congress will be running for election as well as 1/3 of all senators. In addition, numerous governors and other elected officials are running for office today. The American electoral system is both strange and very democratic and ensures that the pendulum doesn’t move too fast or too quickly in any direction. The problem, and it’s serious, is that the Republican leaders have been some of the most ineffectual government agencies for the past 24 months. It is quite an indictment of the political process in America that they legislative body has been paralyzed. The question is, has the electoral population had enough of the bums? It’s always hard to say, because so many Americans do not follow politics. Americans are amazed when they get a participation rate of 50%. In most other countries more than 80% of voters present themselves at the ballot box. Today, the will of the people will ...

First, what is a data centre?  It's simple, it's a large array of computers with very powerful graphic cards.  If you have a computer for gaming (or your son has one), you know that they run hot, and need a lot of cooling. So the first thing is that data centers need a lot of cooling, it can be open or closed, but in either case data centers need a lot of water – because in 99% of cases water cooling is the best solution.   The next thing is that data centers need energy, a lot of energy, first to run their graphic cards but also to cool the cards.   Right now the ONLY solution is the grid, there is no other solution.  You could build a coal plant next to a data centre, but the fundamentals are the same, data centers are large energy consumers, full stop.  There have been "stories" about nuclear reactors for data centres, but the world is at least a decade away from such a thing happening. Data centers are ubiquitous, far more than people believe ...

This is not from me, but from a Canadian based, American political scientist called Tim Snyder, who a few months ago, at the Council of Foreign Affairs brought out this new "definition" of a superpower that does almost anything to destroy itself. The story of Trump and his followers, carpetbaggers and wannabe dictators, but of another democracy that "gave up" now the context is different but some of the elements are surprisingly similar in the outcome. The Treaty of Vesaille forced upon Germany and its population massive repayment obligations that were nearly impossible to achieve – which was largely the objective.  It is important to note that Germany in the 1920s was simply the "center" of scientific research – just look at the Oppenheimer movie to understand the importance of the country to fundamental research.   The first world war was not a "global war" in the same way as WWII was, conflicts were very regional, granted all over Europe, but ...

 separatist movements have always existed, as unions between different antiques do not always match people‘s expectation. To us here in Great Britain. It is a link with Europe that has always felt unnatural for some good and not so good reasons. For some reason, the United Kingdom has always felt a closer kinship to the United States, then to Europe. Unfortunately, Great Britain is discovery that there’s no reciprocity. Yesterday, one of the richest provinces in Canada, Alberta, underwent A referendum with regards to whether Alberta should seek to separate itself from the Canadian entity. In addition to that question, there were an additional 12 questions that were there to appease most people from Alberta. Today, the results are out. In a nutshell, a route, the yay only scored 23%. The knees scored over 76%. In addition, and like they refer them and quebec several decades ago, it was essentially asking the population for a mandate to negotiate with the rest of Canada. I suspect, t...

 Paris has many qualities, first it’s a pretty city, and the centre once you get used to it is well organized. The French are relatively civilized people. Slightly less pompous than the BRITs, and somewhat more fun than The Germans. France’s biggest weakness Is the entitlement. This is not a new thing, and has been a feature of the country for a long time. In France, everything gravitates towards Paris. In actuality, until very recently virtually all aircraft that went into the region had to fly by Paris. There’s also a mindset within the population, that they have signed a social contract, which is Entirely one-sided. The state as a portion of GDP, is one of the largest in Europe, and even dwarfs the Germans. In addition, in the 1970s, France, and Germany actually broke a social contract to make things easier and push the problems further into the future. Effectively, French pensions are paid directly out of the state coffers. The problem with this method is that there’s no concep...

 After about a week, the real news out of Washington with regards to the meeting between Xi and Donald Trump Can finally be analyzed. On one side, the Chinese media have been saying that chairman Xi Is in great shape and ready to beat the Americans and the president in particular at every level. Like everything else with Donald Trump, everyone knows that aside from immense bluster, he’s not equipped or even willing to negotiate with anyone unless they 100% abide by his desires. And even then he will change his mind. So what actually happened? The truth is that chairman Xi Looked very diminished and although he’s spending substantial amount of time in the White House, according to people who were involved the majority of his time he was spent alone with his wife and not with the president. In the end, two minor and inconsequential agreements were reached in the two nations. What is important to understand, is that the summit between China and America has been on the books for more t...

 At first I thought it was a joke, the US treasury is issuing one dollar coin with the face of the current US president for $2.10 each. In fact, you have to buy a roll of 25 for about $62. It is quite remarkable, that Donald Trump is doing such a thing. In addition, these coins are legal tender for a dollar each. That means, that if you go to Starbucks, and buy a four dollar coffee, with a Trump coin, the coffee will cost you eight bucks.  Now, if it was a real commemorative thing, they wouldn’t sell them in roles of 25. Instead, that would make a plaque in which you put the coins and somehow somewhere the coins would eventually be worth more than $2.10 each. But no, it seems that US treasury wants real Americans to buy something for two dollars that is valued at one dollar.  It’s hard to believe that people will do so? On the other hand, it’s not the first scheme that Trump introduced. Finally, is it even legal for an image of the current sitting president to be on a coi...

Scott Bessent is "called" a bean farmer but is nothing of the sort.   He worked at Brown Harriman and Soros fund, when things were serious. He was a young trader at Soros' when that fund attacked the pound sterling exchange rate against the newly formed Euro (and won).   Scott Bessent is many many things but he is not stupid… and then he does something incredibly stupid.  He bets against the bond market!    There is no doubt that Scott's descent into hell was at the prompting of his boss, the American President, another deluded idiot.   Scott's first announcement was that he was pledging tens of billions of dollars to defend bond prices (i.e. lower interest rates).   Now to be clear, 10 billion is about five minutes of trading in the international bond market. Anyway that's not the real drama, the real drama is that for the past 20 years two buyers have accounted for nearly ⅓ of all new international issuances (the international bon...