tag:blogger.com,1999:blog-4921988708619968880.post1638108828750172219..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, October 17 2008: Crisis Equals OpportunityIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-4921988708619968880.post-87287753303992975652008-10-18T15:59:00.000-04:002008-10-18T15:59:00.000-04:00Thanks GreenPa! Take care of your farm and family...Thanks GreenPa! Take care of your farm and family--that's all that's important and is a real inspiration to the rest of us. If you just send good thoughts our way occasionally, that's all that's needed! Lately, I've been kind of insanely surprised at how stupid I've been for decades doing useless stuff.<BR/><BR/>rc knows tons and tons and tons--and the first thing he talks about is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64614720140379493022008-10-18T12:17:00.000-04:002008-10-18T12:17:00.000-04:002 articles in the WSJ weekend edition:Bernanke Is ...2 articles in the WSJ weekend edition:<BR/><BR/><A HREF="http://online.wsj.com/article/SB122428279231046053.html" REL="nofollow">Bernanke Is Fighting the Last War<BR/>'Everything works much better when wrong decisions are punished and good decisions make you rich.'</A><BR/><BR/>and<BR/><BR/><A HREF="http://online.wsj.com/article/SB122428776277746551.html" REL="nofollow">Amid Pressing Problems, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11485330013137843512008-10-18T11:49:00.000-04:002008-10-18T11:49:00.000-04:00ric- I'd definitely listen to RC on the hot climat...ric- I'd definitely listen to RC on the hot climate greenhouse/culture stuff. I'm not really ignoring your request for info over on my blog- just insane-busy here. I'm intending to do a whole post on it.<BR/><BR/>short answer- any hydroponic system is fragile, and requires very tight management- 24/7/12. It can tie you down worse than milking cows. More detail over on my blog- soon, I hope.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-57660716541438747912008-10-18T11:05:00.000-04:002008-10-18T11:05:00.000-04:00Bluemarble said: "Now I think I see that the thing...Bluemarble said: "Now I think I see that the thing is going to collapse regardless of what middle class people like me do."<BR/><BR/>Exactly. Moreover, if you check out of the financial system, thereby saving your cash, you will also feel better from an ethical point of view because your money won't be feeding the corrupt casino economy. I know it feels liberating to me.<BR/><BR/>AhimsaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13882613392450262152008-10-18T10:53:00.000-04:002008-10-18T10:53:00.000-04:00Stoneleigh,What do you think will happen on Tuesda...Stoneleigh,<BR/><BR/>What do you think will happen on Tuesday when the CDS's on Lehman are scheduled to settle up? <BR/><BR/>There is going to be a lot of counterparty default. What effect will that have on the markets? I expected to see a major increase in deleveraging in the markets last week, as hedge funds and IB's tried to raise funds to pay off their bad debts, but the S&P el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64724683187226061142008-10-18T10:11:00.000-04:002008-10-18T10:11:00.000-04:00I think I'm finally getting it. So is this financ...I think I'm finally getting it. <BR/><BR/>So is this financial situation is like a game of musical chairs where there are about 500 people playing but there are only two chairs (chairs=real economy)? When the music stops, two people will get a chair. Only a couple people know when the music will stop, so they will most likely get the chairs. The rest of us will be SOL.<BR/><BR/>This means thatbluemarblehttps://www.blogger.com/profile/14053692848790573530noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-438805042560969472008-10-18T09:22:00.000-04:002008-10-18T09:22:00.000-04:00I've been wondering for a while now where all this...I've been wondering for a while now where all this money is going? Who is being paid out in the Lehman brothers debt swaps. All the stories only point out who has to pay, not who is being paid? Is it just all the 401k's, pension funds, mutual funds ect.. that hold debt, or is someone or something profiting off of this? If anyone has any ideas I'd love to know. Is the money simply disappearing or Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71926077228679742782008-10-18T08:41:00.000-04:002008-10-18T08:41:00.000-04:00Starcade,you believe we are on a direct path to a ...Starcade,you believe we are on a direct path to a overt .mil action that will herald the establishment of s full millitary dictatorship correct?<BR/> Have you ever done the math for such a exercise?<BR/><BR/> Here is a thought.There are many,many many of those here former .mil type living quietly in all of our neighborhoods,as well as those whom spent their formative years playing tag with Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69385847896148228972008-10-18T07:23:00.000-04:002008-10-18T07:23:00.000-04:00dan w: Debt is money because of the fact that it ...dan w: Debt is money because of the fact that it is all which is keeping the monetary system (of the WORLD!) afloat. Without debt, there is no currency, at this point, because the debts and bad bets now exceed the worth of the world by at least a factor of 15!<BR/><BR/>Worse yet, this isn't $50T, it's $500T if not $1Q!! We've got no chance -- the system cannot be saved, and that -- really -- Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14368916619211750122008-10-18T06:51:00.000-04:002008-10-18T06:51:00.000-04:00The economy is a casino. Without the casino, ther...The economy is a casino. Without the casino, there is no economy and has been no economy for 20 years, Ilargi. Keeping the casino going IS keeping the economy going, because of that fact.<BR/><BR/>The problem is that, since they now own our asses (and the rest of our bodies too), they can control it such that if someone were to shut the casino doors, EVERYTHING ends -- INSTANTANEOUSLY.<BR/><BR/Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-86377548882891268932008-10-18T06:29:00.000-04:002008-10-18T06:29:00.000-04:00scandia said...tom sawyer, sounds like you have do...scandia said...<BR/><BR/><I>tom sawyer, sounds like you have done a bit of travelling...</I><BR/><BR/>I was lucky that my job has taken me to a lot of different places on this planet and I´m very happy to have met so many people from different cultures on these trips. <BR/><BR/><BR/><I>thank-you for the suggestions. South America appeals.</I><BR/><BR/>if you speak Spanish and Portuguese it is a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76586423271936744212008-10-18T02:11:00.000-04:002008-10-18T02:11:00.000-04:00Thank you Ilargi.This post clarified many of the s...Thank you Ilargi.This post clarified many of the side questions I have had,clearing the cobwebs ,so to speak.<BR/><BR/> Your evaluation that all of this kabuki theater is a first attempt at a last ditch effort to "keep the casino open"or the status quo makes it most clear...this will not succeed,in fact it will make the collapse worse.That those responsible are allowed to slinking away in the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71190898573060150502008-10-18T00:47:00.000-04:002008-10-18T00:47:00.000-04:00Blue Marble,No "Se la vie." Fight back....Blue Marble,<BR/><BR/>No "Se la vie." Fight back. They have all (any way most of) the guns and all of the wire and internet taps, but they are really pretty stupid in the end. And the first way you can fight back is don't let them steal your money. Make it as hard as possible. That's the reason I&S are working their backsides off on this blog.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89888583267862807822008-10-18T00:35:00.000-04:002008-10-18T00:35:00.000-04:00OuttaControl,Thanks for the offer--I already sent ...OuttaControl,<BR/>Thanks for the offer--I already sent it to him, though.<BR/><BR/>There are probably people closer to you who might benefit (I hope!)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44166428848032547022008-10-18T00:17:00.000-04:002008-10-18T00:17:00.000-04:00I am sending you two some really good tomato seeds...<I>I am sending you two some really good tomato seeds. This is a heirloom variety that does well in new york and is prolific and tasty</I><BR/><BR/>DON'T PLANT THOSE SEEDS! It's a scam. Those <I>tomatoes</I> are really apples; big apples.Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22774667095247513752008-10-18T00:05:00.000-04:002008-10-18T00:05:00.000-04:00FWIW: there are some REAL real estate bargains in ...FWIW: there are some REAL real estate bargains in the Midwest; look hard; Realtor.com and Zillow.<BR/><BR/>$10,000 and up.<BR/><BR/>Perryperryhttps://www.blogger.com/profile/08981922001442716176noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78507888467624819152008-10-17T23:58:00.000-04:002008-10-17T23:58:00.000-04:00El Pollo said "You look like you are well on your ...El Pollo said "You look like you are well on your way to being another impoverished victim."<BR/><BR/>Yes, I guess so. Se la vie. <BR/><BR/>Thanks for your suggestions...<BR/><BR/>I will visit the internet sites you mention. We'll see if I can figure this out in time to pull some resources.<BR/><BR/>bluemarbleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62175922358351576992008-10-17T23:57:00.000-04:002008-10-17T23:57:00.000-04:00RicI'm about 1/4 through Sharon's book now and am ...Ric<BR/><BR/>I'm about 1/4 through Sharon's book now and am enjoying it greatly. Thank you very much. When I'm done with it, I can send it off to Ilargi. On second thought, I can think of others closer by that could really benefit more by reading it. I doubt either S or I would learn much from it (I believe Ilargi is a source in the book, in fact), although they might enjoy reading it Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34349080421449241302008-10-17T23:23:00.000-04:002008-10-17T23:23:00.000-04:00ScandiaHow is your Spanish? Do you know what a po...Scandia<BR/><BR/>How is your Spanish? Do you know what a pollo is? I love a small city up in the Andes about 8 hours by bus NNE of Lima, Peru called Huaraz. Pop about 50,000. 10,000 feet elevation in a valley surrounded by two mountain ranges of snow covered peaks as high as 22,000 feet. Year round temp is about 63F low at night and about 78F in the afternoon. Cheap as hell. Nice trout el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53633246699828662172008-10-17T23:05:00.000-04:002008-10-17T23:05:00.000-04:00Whaletail,Like Ilargi says, it's not really going ...Whaletail,<BR/>Like Ilargi says, it's not really going to matter who our next president is. McCain has said he might pick Warren Buffett to replace Paulson. In doing so he was trying to look like a maverick since Buffett has been a long time democrat and Obama supporter. But Warren Buffett has been telling "the next president" they should Keep Hank on (right after he bought part of GS) and he Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5820904774517420662008-10-17T23:01:00.000-04:002008-10-17T23:01:00.000-04:00Blue Marble,Have you watched Money as Debt? Anima...Blue Marble,<BR/><BR/>Have you watched Money as Debt? Animation downloaded from google.video.ca. Considerate it fractional reserve banking 101. Then take Chris Martenson's internet crash course - 102. Just be aware that Martenson has come out recently saying he was incorrect about hyperinflation; implosive deflation will come first.<BR/><BR/>Has it occurred to you that your financial advisor el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46935946566595852712008-10-17T22:18:00.000-04:002008-10-17T22:18:00.000-04:00tom sawyer, sounds like you have done a bit of tra...tom sawyer, sounds like you have done a bit of travelling...thank-you for the suggestions. South America appeals.<BR/>Anon, I'll try that tonic for awhile. Let you know results.scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6797765239310831682008-10-17T22:09:00.000-04:002008-10-17T22:09:00.000-04:00Oops sorry dan w. Rudi wised me up on that CR busi...Oops sorry dan w. Rudi wised me up on that CR business.<BR/><BR/>Thanks Rudi, I'll take a look at Calculated Risk. I never really know what I look like to others on this machine, I am usually trying for moderately asinine, could be viewed otherwise, though I don't know why.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19034647826416384022008-10-17T21:51:00.000-04:002008-10-17T21:51:00.000-04:00Have a listen to Peter Martin, Director, Accountin...Have a listen to Peter Martin, Director, Accounting Standards for the Accounting Standards Board. He was on BNN's Squeezeplay today with Kevin O'Leary and Amanda Lang. Kevin called him on the new rules and valuing the toxic garbage at zero instead of the proposed changes. <BR/><BR/><A HREF="http://tinyurl.com/6mqvck" REL="nofollow">google</A><BR/><BR/>BTW...what's in it for Buffet to be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14738947978580410382008-10-17T21:39:00.000-04:002008-10-17T21:39:00.000-04:00Drink this alterative tonic every morning for the ...Drink this alterative tonic every morning for the rest of your life.<BR/><BR/>According to the Hopi, the Great Purification is coming and just like the surfer who must paddle hard to catch a tasty wave, so too must we with our diets or else those who still have anaerobic pools of sticky hydrogen in their bodies shall be prey to any opportunistic pathogen, parasite or virus that comes along.<BR/><Anonymousnoreply@blogger.com