tag:blogger.com,1999:blog-4921988708619968880.post4572659784457813553..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, June 27 2008: Faith, Hope and CredibilityIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4921988708619968880.post-18779105483906387562008-06-27T18:43:00.000-04:002008-06-27T18:43:00.000-04:00Yeah, I was meaning to ask what the moderators, an...Yeah, I was meaning to ask what the moderators, and others, think of the <A HREF="http://en.wikipedia.org/wiki/Plunge_Protection_Team" REL="nofollow">plunge protection team</A>? i.e. what effect it could possibly have in a market that really needs to crash?Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51594375845971212322008-06-27T18:21:00.000-04:002008-06-27T18:21:00.000-04:00I don't think I've seen it on your site, but the s...I don't think I've seen it on your site, but the slosh fund had its first significant down draw yesterday. Its been a while since the fed removed this much money. <BR/><BR/>http://www.gmtfo.com/reporeader/OMOps.aspx<BR/><BR/>slosh = total amount of money the Federal Reserve has loaned out through it's various facilites.<BR/><BR/>For some reason it seems to go directly into the stock marketAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1770423287993072662008-06-27T17:20:00.000-04:002008-06-27T17:20:00.000-04:00Stoneleigh, Ilargi,Thanks for this website and all...Stoneleigh, Ilargi,<BR/>Thanks for this website and all your effort. The articles on the arctic ice melting so much faster than expected and the dead zones in the ocean were quite shocking. <BR/><BR/>Gold and silver have had a small rebound. Is it possible that as the stock market falls, investors may move to metals as a "safer" option? Or will metals descend as deflation advances?<BR/>Also, doAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19760296262927490382008-06-27T14:25:00.000-04:002008-06-27T14:25:00.000-04:00Also, countries are also perfectly able to inflate...Also, countries are also perfectly able to inflate their own money supplies, without simply reacting to dollar flooding.Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18655774916876961642008-06-27T13:53:00.000-04:002008-06-27T13:53:00.000-04:00“Nobody wants more US dollars, unless its value in...“Nobody wants more US dollars, unless its value increases.”<BR/><BR/>ilargi & Stoneleigh, thank you for your time.<BR/><BR/>Please correct me where I go wrong…<BR/>Exchange rates or increasing demand or oil prices, talking heads all claim a favorite today’s reason. <BR/><BR/>U.S finances can be deflating because gazillions of derivative contracts are under pressure of unwinding, house valuations Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-86656641397060207342008-06-27T13:14:00.000-04:002008-06-27T13:14:00.000-04:00FWIW: Seth Glickenhaus [the Grand Ol' Man of Wall ...FWIW: Seth Glickenhaus [the Grand Ol' Man of Wall Street] gave an interview with "Adam Smith" in 1995? or so, in which he said that he thought that when the Collapse occurs, it will be from "15 to 20 years or MORE before any kind of recovery could take place, - if ever". And he suggested that it would be a "deflationary event" that would "make the Great Depression look like a picnic" (or words perryhttps://www.blogger.com/profile/08981922001442716176noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63506087167327301212008-06-27T12:54:00.000-04:002008-06-27T12:54:00.000-04:00Thanks very much Ilargi. So things are indeed as b...Thanks very much Ilargi. So things are indeed as bad as they seem, or rather, they are worse than that. <BR/><BR/>You're right that I need to seriously rethink my place in the new order of things; concerns for my family's wellbeing make it very difficult to abandon hope that there is an easy answer out there somewhere.<BR/><BR/>Does anyone think it's possible that the present deflationary period Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42616509553787697082008-06-27T12:26:00.000-04:002008-06-27T12:26:00.000-04:00Chris, thanksI'd say: first get rid of the idea th...Chris, thanks<BR/><BR/>I'd say: first get rid of the idea that setting things up only for your little family will do any good. That model is over.<BR/><BR/><I> I have to ask: is there any possibility we will see an inflationary scenario rather than a deflationary one? </I><BR/><BR/>No. The helicopter is an old and stale fairy tale. Bernanke is a messenger boy, and his puppeteers have nothing to Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25115475726303022742008-06-27T12:01:00.000-04:002008-06-27T12:01:00.000-04:00Well, maybe Obama can't do anything about the comi...Well, maybe Obama can't do anything about the coming crisis, but he is at least right on one important point: "Our time has come!".<BR/><BR/>And Ilargi and Stoneleigh, innumberable thanks for telling it like it is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60710757090041426312008-06-27T11:53:00.000-04:002008-06-27T11:53:00.000-04:00Stoneleigh, Love that jargon, " a kiss good-bye" E...Stoneleigh, Love that jargon, " a kiss good-bye" Everybody has had one of those!scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88435499541090791262008-06-27T11:34:00.000-04:002008-06-27T11:34:00.000-04:00As the collapse approaches, I do hope the perps ke...As the collapse approaches, I do hope the perps keep in mind that, thanks to the Supremes, the mob will be armed:<BR/><BR/>http://tinyurl.com/45j32rThe Lizardhttps://www.blogger.com/profile/12044779666881689690noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34940800902967528052008-06-27T11:28:00.000-04:002008-06-27T11:28:00.000-04:00Somehow this stuff becomes even more frightening o...Somehow this stuff becomes even more frightening once the mainstream voices start seriously acknowledging it. I guess it's the bracing immediacy of it all that has me realizing that I've been moving too slow on preparing for the crisis. Time to get serious about it, but I have yet to really identify a solid strategy for protecting my young family and our assets from the coming economic shit stormAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13826550158247258662008-06-27T11:08:00.000-04:002008-06-27T11:08:00.000-04:00I think the market may be 'looking for' a short-te...I think the market may be 'looking for' a short-term bottom soon, before probably bouncing back up to test the underside of the trendline it recently broke. At least that would be a typical occurrence, sometimes referred to as a 'kiss good-bye'. If it were to do so, the bounce would take the market back up to approximately 12,100.<BR/><BR/>Bear market rallies can be short and sharp - quite Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.com