tag:blogger.com,1999:blog-4921988708619968880.post3803022088332360893..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: July 28 2011: Real Black. Real Swan.Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger244125tag:blogger.com,1999:blog-4921988708619968880.post-87669008232138571322011-08-01T09:28:49.789-04:002011-08-01T09:28:49.789-04:00skilo: "Let's call a law breaker a crimin...skilo: "Let's call a law breaker a criminal. Is that extreme nowadays? "<br /><br />you have to remember- throughout history; rich people are not, cannot, be law breakers. By definition.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30461309594420586322011-08-01T09:09:34.003-04:002011-08-01T09:09:34.003-04:00New post up.
Of Ceilings and Dungeons
.New post up.<br /><br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/08/august-1-2011-of-ceilings-and-dungeons.html" rel="nofollow"><b>Of Ceilings and Dungeons</b></a><br /><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71074880933861122492011-08-01T08:40:36.820-04:002011-08-01T08:40:36.820-04:00Hi el gallinazo
All unsupportable debt must be de...Hi el gallinazo<br /><br />All unsupportable debt must be destroyed first, which is almost all debt,<br />This is a good observation.<br />I still have a lot of things to learn about economicsJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6185019235789139032011-08-01T08:38:17.901-04:002011-08-01T08:38:17.901-04:00@Jack
It's the richest of the rich. The elusiv...@Jack<br />It's the richest of the rich. The elusive .1% we don't ever see.<br />But it's also us, the people, if we chose to "invest" in the system because we believe it's our "right" to have a return on our "investment".p01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68221164119143652812011-08-01T08:37:54.020-04:002011-08-01T08:37:54.020-04:00FYI...at Asia Times...
" Playing Ball With Th...FYI...at Asia Times...<br />" Playing Ball With The Pentagon "<br />http://wwwatimes.com/atimes/Middle_East/MHO2AkO1.htmlscandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79063529501459754372011-08-01T08:17:46.346-04:002011-08-01T08:17:46.346-04:00http://www.youtube.com/watch?v=AzL2UGaXp-M&fea...http://www.youtube.com/watch?v=AzL2UGaXp-M&feature=view_all&list=PL185FD37C2C86A23F&index=5<br />Who are these people that are controlling everyone's lives <br />Damon Vrabel says it is the banks JP Morgan and he names them.<br />Who is JP Morgan and from what he says these people will continue with their ways and be powerfulJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24549504932677839782011-08-01T05:35:40.119-04:002011-08-01T05:35:40.119-04:00what do you give a SICPIG?
oinkment.what do you give a SICPIG?<br /><br />oinkment.benhttps://www.blogger.com/profile/07338619620804720116noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27828047151892595922011-08-01T05:10:40.680-04:002011-08-01T05:10:40.680-04:00Alex,
That pension article is actually wildly opt...Alex,<br /><br />That pension article is actually wildly optimistic, which is very sad. It assumes that people will get something, when the vast majority will get nothing at all. Their savings have merely been something for the elites to gamble with. The savings are already gone in most cases, and what's still there will simply be stolen. We just haven't collectively realized it yet. Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8173685978665964452011-08-01T05:02:42.667-04:002011-08-01T05:02:42.667-04:00skilo,
But will gold trade at $1600 an ounce if/w...skilo,<br /><br /><i>But will gold trade at $1600 an ounce if/when the food distribution systems shut down?<br /><br />Will the silver bugs beg to give me an ounce of silver for 200 yards of dental floss ($1.99 now) when they haven't flossed their teeth for a month? I probably won't give it to them when they beg - maybe if they have kids.</i><br /><br />Quite. Most people who hold PMs Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61666533621335737762011-08-01T01:28:03.557-04:002011-08-01T01:28:03.557-04:00Such is life:
Millions face pension poverty as &...Such is life:<br /><br /><a href="http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8673672/Millions-face-pension-poverty-as-golden-era-ends.html" rel="nofollow"><br />Millions face pension poverty as 'golden' era ends</a><br /><br />I would add billions, not millions, but that just me,<br /><br />cheers,<br /><br />AlexAlexander Achttps://www.blogger.com/profile/16845172528191878930noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13068875594596317252011-07-31T23:50:43.496-04:002011-07-31T23:50:43.496-04:00skilo, thanks for your effort. really. i think we&...skilo, thanks for your effort. really. i think we're talking past each other. believe it or not you're preaching to the choir: i've recently come to think very highly of the eight families. i'd like to say next that i'm under no illusions but that might be pushing it. <br /><br />LG and i were simply talking ideas from the new CHS book. sorry if it was less pathological than benhttps://www.blogger.com/profile/07338619620804720116noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72463411569559522442011-07-31T23:49:47.724-04:002011-07-31T23:49:47.724-04:00el gallinazo said...
NZSanctuary, your comment doe...el gallinazo said...<br /><i>NZSanctuary, your comment doesn't seem to factor in the Ba137m gamma component danger.</i><br /><br />I <i>was</i> basing my calculation on gamma emissions. Converting activity to dosage is not easy, and in practice very hard to be precise. I was going for a ball-park figure, not trying to be exact.<br /><br />And yes, distance is the key. Hence why I suggested NZSanctuaryhttps://www.blogger.com/profile/04166233807474941124noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38618532176029642742011-07-31T23:47:54.533-04:002011-07-31T23:47:54.533-04:00Chas,
IMHO, France is not far behind Italy - whic...Chas,<br /><br />IMHO, France is not far behind Italy - which is not far behind Greece and so on. The public sector in France is huge. The prices of ordinary things like clothes for kids and food and so on is very much higher than in the USA. On the other hand, medical care is essentially "free". Furthermore, the tax system does not encourage unduly women to go out to work - if you haveNassimhttps://www.blogger.com/profile/18014132282872515690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9267275395322106882011-07-31T23:45:40.453-04:002011-07-31T23:45:40.453-04:00IMN,
>>This article by Warren Mosler sugges...IMN,<br /><br />>>This article by Warren Mosler suggests that when it comes to understanding its role in the economy, congress is dumber than a stump and has less sense than God promised to a left-handed screwdriver.<<<br /><br />That's the cover story.<br /><br />They know exactly what they are doing. They work for Big Finance Capital in order to serve the interests of Big Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65869692007100380972011-07-31T23:14:01.728-04:002011-07-31T23:14:01.728-04:00CIA as cat herders
One of the formerly al Qaeda L...CIA as cat herders<br /><br />One of the formerly al Qaeda Libyan rebel leaders, Abdul Fateh Younes, was assassinated, presumably by a leader of another faction. It appears that the CIA's "good al Qaeda" including the specially released graduates of Guantanamo University, are forming into a giant circular firing squad. In the meantime, NATO continues to bomb Libya's "el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90228820957162914952011-07-31T23:09:26.032-04:002011-07-31T23:09:26.032-04:00scandia,
Wars are not a mandatory feature of the ...scandia,<br /><br />Wars are not a mandatory feature of the Pentagonian budget. There is a military contractor in nearly every congressional district. The role of war department is actually secondary maybe even tertiary. The Pentagon is primarily a jobs operation. Since they are practically the only government operation sustaining significant civilian employment, it actually might not make much Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38807395583399980342011-07-31T23:00:27.706-04:002011-07-31T23:00:27.706-04:00@ben, check out the movie Michael Clayton. It is ...@ben, check out the movie Michael Clayton. It is actually a pretty amazing move - when viewed from the proper perspective.<br /><br />1. Michael was motivated to do his job by his debt. Debt-Dollar Tyranny exacerbates this effect. he wasn't a bad guy, per se, but he had debts and a job to do to pay them.<br />2. The corporate front made ads with plants growing while their products were Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53490541715008499912011-07-31T23:00:24.620-04:002011-07-31T23:00:24.620-04:00It occurs to me that if I was sitting on massive a...It occurs to me that if I was sitting on massive amounts of dollars what I would want right now was deflation (to reduce the price of premium assets: natural resources, infrastructure, public property soon to be privatized; as well as lower labor costs). BUT, I would also want the treasury yields to RISE (the potentially convenient byproduct of the debt ceiling circus).<br /><br />BFC should Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81256420480686343962011-07-31T22:52:37.871-04:002011-07-31T22:52:37.871-04:00Just to clarify a point, when people here such as ...Just to clarify a point, when people here such as Ash talk about 10-15 years of deflation, they are not saying that the first big leg down (actually the second, 2008-9 was the first) is 10-15 years down the road. They are just saying that the great unwind will take 10-15 years before any secular upswings are possible. All unsupportable debt must be destroyed first, which is almost all debt, el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24039818100530405152011-07-31T22:50:52.283-04:002011-07-31T22:50:52.283-04:00Will we know exactly how the scenario unfold.
Or ...Will we know exactly how the scenario unfold.<br />Or can we come closeJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13460337997300404452011-07-31T22:41:31.483-04:002011-07-31T22:41:31.483-04:00@ben,
>>thanks skilo for the alternate vers...@ben,<br /><br />>>thanks skilo for the alternate version of the bernanke. I like that too. given the opportunity to get away with it I'd elbow him in the face either way, or I'd like to think I would.<<<br /><br />Most people think like ordinary citizens - and are constantly bewildered and confused.<br /><br />The trick is to think like a Big Finance Capital mobster - and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25896668677835397702011-07-31T22:30:58.986-04:002011-07-31T22:30:58.986-04:00You are right about collecting all the gold.
that ...You are right about collecting all the gold.<br />that is going to take some time because lots of people have gold in India, Indonesian,many individuals have gold in other countriesJackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75441369979903613562011-07-31T22:28:36.012-04:002011-07-31T22:28:36.012-04:00I just don't get it. I don't get how takin...I just don't get it. I don't get how taking on more debt reduces debt especially when cuts are scheduled sometime in the future,especially when the economy is " fragile ". <br />I don't get how the Feds put up 16T to keep the EU and its banks afloat yet the US might not be able to pay the bills on Tuesday? For sure we live in a Wonderland. I live on a different planet.<br />scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18146052102976614062011-07-31T22:27:07.327-04:002011-07-31T22:27:07.327-04:00Jack, they already do! Have you seen the price of ...Jack, they already do! Have you seen the price of gold lately? :)<br />And they will push for a gold standard at some point, when they get all the gold they can.p01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34897105252518456622011-07-31T22:22:45.835-04:002011-07-31T22:22:45.835-04:00Hi p01
How about if they do their transfer of mone...Hi p01<br />How about if they do their transfer of money to gold.Jackhttps://www.blogger.com/profile/15412294798193285237noreply@blogger.com