# The Crazy Years
**URL:** https://scanalyst.fourmilab.ch/t/the-crazy-years/1451
**Category:** The Happening World
**Tags:** crazy-years, clown-show
**Created:** [30 May 2022 12:56 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451 "2022-05-30T12:56:57Z")
**Posts on this page:** 20
**Page:** 208
### Author:  [@Mettelus](https://scanalyst.fourmilab.ch/u/Mettelus)
#### Post date: [10 June 2024 10:15 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4166 "2024-06-10T10:15:41Z")
I guess Cabrini Green failed because it didn’t have a cafe.
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### Author:  [@eggspurt](https://scanalyst.fourmilab.ch/u/eggspurt)
#### Post date: [10 June 2024 11:09 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4167 "2024-06-10T11:09:51Z")
[](https://x.com/durhamwasp/status/1799367751255109722)
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### Author:  [@CTLaw](https://scanalyst.fourmilab.ch/u/CTLaw)
#### Post date: [10 June 2024 20:59 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4168 "2024-06-10T20:59:38Z")
> **[Century-old NYC pizza icon Totonno’s looks for someone to take over with just...](https://nypost.com/2024/06/10/us-news/century-old-nyc-pizza-icon-totonnos-looks-for-someone-to-take-over-with-one-rule-no-pineapple/)**
>
> Totonno’s Pizzeria Napolitana is looking for an investor or buyer to carry on the business that has remained in the family of Italian immigrant Antonio Pero since he first opened up the establishme…
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### Author:  [@CTLaw](https://scanalyst.fourmilab.ch/u/CTLaw)
#### Post date: [10 June 2024 21:32 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4169 "2024-06-10T21:32:45Z")
> **[There's a new dance craze sweeping the nation. Let us show you how to do "The...](https://notthebee.com/article/theres-a-new-dance-craze-sweeping-the-nation-let-us-show-you-how-to-do-the-biden)**
>
> If you haven't heard, there's a new dance craze sweeping the nation, and unlike those goofy TikTok videos, literally anybody can do this dance.
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### Author:  [@CTLaw](https://scanalyst.fourmilab.ch/u/CTLaw)
#### Post date: [11 June 2024 03:19 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4170 "2024-06-11T03:19:54Z")
> **[Canadian Cancer Society Renames Cervix as 'Front Hole' to Include Trans People](https://www.breitbart.com/health/2024/06/10/canadian-cancer-society-renames-cervix-front-hole-include-trans-people/)**
>
> Canada's largest cancer charity has apologized to the transgender community for using the word "cervix" instead of "front hole."
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [11 June 2024 03:37 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4171 "2024-06-11T03:37:22Z")
> **[Guinea signs floating nuclear power plants MoU with Russia : New Nuclear...](https://www.world-nuclear-news.org/Articles/Guinea-and-Russia-sign-MoU-for-floating-nuclear-po)**
>
> The Republic of Guinea and Rosatom have signed a memorandum of understanding to cooperate on the development of floating power units to supply electricity to the African country.
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### Author:  [@civilwestman](https://scanalyst.fourmilab.ch/u/civilwestman)
#### Post date: [11 June 2024 17:50 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4172 "2024-06-11T17:50:32Z")
I think it is merely a pigment of someone’s invagination.
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### Author:  [@Gavin](https://scanalyst.fourmilab.ch/u/Gavin)
#### Post date: [11 June 2024 19:26 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4173 "2024-06-11T19:26:25Z")
“_… apologized to the transgender community for using the word “cervix” instead of "front hole._”
Wow! Biology really has changed since I was a lad. Back in those days, when one saw a pretty lady in a bikini walking along a beach, her navel was at her front.
Tolkien somewhere wrote about one of the marks of a degenerate society being that language became diminished and crude. If Far Lefties want to rename parts of the body, don’t they have enough creativity to come up with names that are not just plain silly as well as inaccurate?
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### Author:  [@smagor](https://scanalyst.fourmilab.ch/u/smagor)
#### Post date: [11 June 2024 19:57 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4174 "2024-06-11T19:57:18Z")
From SaaS to CaaS (Cartel as a Service):
[](https://www.msn.com/en-us/money/companies/fbi-raids-landlord-tied-to-rent-price-fixing-scandal-in-10-states-including-calif/ar-BB1nYLGC)
> Shelley Schmidig, a Modesto renter who represents the renters who paid allegedly artificially high rates, accuses RealPage of “cartelization,” stating that “since approximately 2016, this cartel has substantially increased rents (over and beyond what the fair market would support) and inflated profits for the apartment owners while positioning RealPage as the hub of the apartment leasing industry, an indispensable and necessary player in one of the largest industries in the country.”
>
> The YieldStar software allegedly gathered data from landlords and recommended price adjustments based on that input, rather than responding to supply and demand.
> **[RealPage Rent Price-Fixing Probe Escalates With FBI Raid | Entrepreneur](https://www.entrepreneur.com/business-news/realpage-rent-price-fixing-probe-escalates-with-fbi-raid/475109)**
>
> RealPage was accused of manipulating the rental market with higher rents. Its software affects millions of Americans.
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### Author:  [@CTLaw](https://scanalyst.fourmilab.ch/u/CTLaw)
#### Post date: [11 June 2024 20:07 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4175 "2024-06-11T20:07:34Z")
The question is did vacancy rates go up?
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### Author:  [@smagor](https://scanalyst.fourmilab.ch/u/smagor)
#### Post date: [11 June 2024 20:24 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4176 "2024-06-11T20:24:28Z")
Why does this matter? What does it change? Serious question.
Semiconductor executives had gone to jail for things like this:
[https://www.justice.gov/archive/atr/public/press\_releases/2004/206631.htm](https://www.justice.gov/archive/atr/public/press_releases/2004/206631.htm)
[https://www.justice.gov/archive/atr/public/press\_releases/2006/218462.htm](https://www.justice.gov/archive/atr/public/press_releases/2006/218462.htm)
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [11 June 2024 20:43 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4177 "2024-06-11T20:43:07Z")
If vacancy rate is high or goes up then we would expect rents to come down
Regarding Real Page software, landlords ultimately make the decision to set prices for renters. In my experience the rental market is driven by the floor: how many cheaper options are available.
Most landlords want tenants to stay at least 2 years. It’s too expensive to replace a tenant every 13 months regardless of what your pricing algorithm recommends
My perspective is from a small business landlord. Large property managers have different incentives: they can usually hold out for higher rents longer but they can’t wait forever.
Cortland, a management company based in Atlanta, was raided by FBI not Real Page software.
It’s almost impossible for landlords in the same neighborhood to collude because they are competing with each other. I guess one way is if every apartment unit or building was managed by the same company in the same neighborhood. Even zip code is too broad because of income diversity in the same zip
There is no reason for DOJ or any federal agency to investigate. This is local domain.
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### Author:  [@Gavin](https://scanalyst.fourmilab.ch/u/Gavin)
#### Post date: [11 June 2024 22:39 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4178 "2024-06-11T22:39:31Z")
> [@CTLaw](#):
>
> The question is did vacancy rates go up?
Per the article: _“Since 2016, rents in the city have grown by 80%— and higher vacancy rates have not driven prices down.”_
Of course, the lady writing the article (presumably college educated) did not quantify what was meant by “higher vacancy rates”.
Also, she failed to mention other factors which might be in play – such as government restrictions on building/increasing supply of rental units, or government/Big Law obstacles to getting rid of problem/deadbeat tenants which might bias landlords towards preferring more reliable renters with higher incomes, even if that means living with the loss from having some unrented apartments.
Add to that, the corporate bureaucracy factor: the property manager who uses his discretion and negotiates a rent below what the software recommends may find himself jobless – and probably accused by Big Law of racism or ageism or some such. There are many actors seeking rents in an economy, not just landlords.
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [12 June 2024 15:17 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4179 "2024-06-12T15:17:19Z")
[https://thezman.com/wordpress/?p=32167](https://thezman.com/wordpress/?p=32167)
End of petrodollar with Saudi Arabia
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### Author:  [@Mettelus](https://scanalyst.fourmilab.ch/u/Mettelus)
#### Post date: [12 June 2024 17:17 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4180 "2024-06-12T17:17:56Z")
> The reason for the lack of coverage of this historic event is two-fold. One is the mass media is now populated by zombies with no agency of their own, so until the regime hands them copy, they have nothing to say. The other is the financial world has no idea where this is going.
I have to wonder if the average US citizen would understand or care. We are pretty dumbed down. To the point where people actually think “the news” is news.
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [12 June 2024 19:18 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4181 "2024-06-12T19:18:05Z")
This is a significant development that no one is talking about
> **[Saudi Arabia does not renew petrodollar agreement \\ stacker news ~news](https://stacker.news/items/571481)**
>
> Saudi Arabia has decided not to renew its 80-year petrodollar agreement with the United States, which expired on June 9, 202414. This agreement, originally signed in 1974, established the US dollar as the world's reserve currency for oil...
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### Author:  [@civilwestman](https://scanalyst.fourmilab.ch/u/civilwestman)
#### Post date: [12 June 2024 19:32 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4182 "2024-06-12T19:32:52Z")
> [@Citizen\_bitcoin](#):
>
> a significant development that no one is talking about
It’s (i.e. bad for dollar holders in the extreme) significance may be the very reason no one is talking about it.
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### Author:  [@Gavin](https://scanalyst.fourmilab.ch/u/Gavin)
#### Post date: [13 June 2024 01:30 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4183 "2024-06-13T01:30:41Z")
The author of the zman post which Citizen Bitcoin linked above sees the Saudi decision as bad for the US, but thinks the effects will be slow in coming. Time will tell.
He has this wonderful synopsis of the international situation in a world in which the financialized US (and the West) have deliberately de-industrialized:
"_… What we are seeing is the slow decline of the American financial order. The countries that make things, fix things, dig things from the ground and invent things are starting to see that they do not need the countries that merely count things. This is especially true when the people doing the counting have a history of stealing from their customers._
_What comes next is the slow decline in the demand for dollars and euros, which will make inflation a feature of Western economies. …_"
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [13 June 2024 09:22 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4184 "2024-06-13T09:22:36Z")
Europe and USA have tried to punish Russia financially and economically with little success.
——————-
The petrodollar system originated from a secret agreement between the United States and Saudi Arabia in the early 1970s, following the end of the Bretton Woods system and the US dollar’s decoupling from the gold standard.[1][2]
In 1973, President Nixon’s Secretary of State Henry Kissinger negotiated a deal with Saudi Arabia whereby the US would provide military aid and protection to the Saudi regime in exchange for an agreement that all oil exports from Saudi Arabia and OPEC nations would be priced and traded exclusively in US dollars.[1][2] This agreement, formalized in 1974-1975, gave birth to the “petrodollar” system.
The key points of the petrodollar deal were:
- OPEC oil would be priced and traded only in US dollars[1][2]
- Saudi Arabia would invest its surplus oil revenues in US Treasury bonds and securities[2]
- The US would provide military protection and aid to Saudi Arabia[1][2]
This system created an immense global demand for US dollars to purchase oil, thereby underpinning the dollar’s status as the world’s reserve currency.[1][2] It also allowed the US to run consistent trade deficits by recycling petrodollars back into the US economy through Saudi investment in US debt securities.[2]
So in essence, the 1973-1975 petrodollar agreement between the US and Saudi Arabia, brokered by Kissinger, marked the birth of the modern petrodollar system that persists to this day.[1][2]
Sources
[1] Petrodollar - Meaning, System, Agreement, End, Collapse [https://www.wallstreetmojo.com/petrodollar/](https://www.wallstreetmojo.com/petrodollar/)
[2] Birth of petrodollar - Great power relations [Birth of petrodollar - Great power relations](https://greatpowerrelations.com/great-powers/status-of-great-powers/key-drivers-of-economic-capabilities/dollar-and-de-dollarization/birth-of-petrodollar/)
[3] Petrocurrency - Wikipedia [Petrocurrency - Wikipedia](https://en.wikipedia.org/wiki/Petrocurrency)
[4] What is the petrodollar? Benefits and drawbacks | TonyRobbins [What is the petrodollar? Benefits and drawbacks | TonyRobbins](https://www.tonyrobbins.com/wealth-lifestyle/what-is-the-petrodollar/)
[5] Petrodollars: Definition, History, Uses - Investopedia [Petrodollars: Definition, History, Uses](https://www.investopedia.com/terms/p/petrodollars.asp)
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### Author:  [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)
#### Post date: [13 June 2024 09:30 UTC](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4185 "2024-06-13T09:30:19Z")
The end of the petro-dollar agreement with Saudi Arabia is one less reason to be entangled in the Middle East.
USA is one of the few countries that can be energy independent and self sufficient but we choose not to be.
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