tag:blogger.com,1999:blog-4921988708619968880.post463329621968950809..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: August 22 2009: The one fatal traitIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger110125tag:blogger.com,1999:blog-4921988708619968880.post-25237351931953489162009-08-24T04:12:26.118-04:002009-08-24T04:12:26.118-04:00"...but we still may be able to inflate anoth..."...but we still may be able to inflate another bubble or forestall the inevitable for years."<br /><br />Ilargi said... "No."<br /><br />But Karl says that the 20/50 crossover happened recently. Isn't that cause for some new optimism?20/50noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35604435699430945922009-08-24T02:50:11.186-04:002009-08-24T02:50:11.186-04:00@Anon 10:26
I think Jesse has nailed it. Thanks f...@Anon 10:26<br /><br />I think Jesse has nailed it. Thanks for the link.<br /><br />Yes, that has to be Bernake's next move. "Encourage" the Banks to start lending, or do it himself.<br /><br />If they can keep the big one's from buying up all the little ones, he might have a chance at success.<br /><br />If he can't, then the implosion will be even greater, even if he does Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15864767463941664882009-08-24T02:14:54.796-04:002009-08-24T02:14:54.796-04:00"There are exactly zero species on the planet..."There are exactly zero species on the planet that have been outfitted with an inbuilt limiter, and we are no exception"<br /><br />Actually, this is dead wrong. A large number of top-of-the-food-chain "cap predator" species do have an inbuilt limiter, in the form of extreme territoriality. The big cats will kill each other if they get too close; this keeps population of theneroden@gmailhttps://www.blogger.com/profile/07475686367097445497noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4652626934773282952009-08-24T02:02:22.589-04:002009-08-24T02:02:22.589-04:00Ruben,
Thanks for the pointer to constructal theo...Ruben,<br /><br />Thanks for the pointer to constructal theory. Kind of like fractals with meaning. I am very interested in its possible application to microprocessor clocking.dark_matternoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51027045115543932302009-08-24T01:34:33.216-04:002009-08-24T01:34:33.216-04:00TAE is an antidote and should be taken as such.
I ...TAE is an antidote and should be taken as such.<br />I don't come here for the tea leafs on the near future. I prefer to take my whiskey straight and I greatly appreciate the very readable Ilargi and Stoneleigh.<br />That doesn't mean my worldview or opinions have to match up about how this all falls out.<br />One thing though: What's with this ongoing Bruuuce obsession? The odd redboathttps://www.blogger.com/profile/07690071678463013234noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62020235203623778292009-08-24T01:33:38.256-04:002009-08-24T01:33:38.256-04:00the three second tape playing in Bernanke's he...the three second tape playing in Bernanke's head <br />http://www.hussmanfunds.com/wmc/wmc090824.htmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8329826519616798962009-08-24T01:13:27.818-04:002009-08-24T01:13:27.818-04:00I honestly have no idea what you're talking ab...<i><br />I honestly have no idea what you're talking about, or where you get it.</i><br /><br />Ilargi's Mom:<br /><br />Clean your room!<br /><br />Ilargi:<br /><br />What room?<br /><br />Ilargi's Mom:<br /><br />This room! Clean it!<br /><br />Ilargi:<br /><br />What room? Where? There are many rooms. Define your terms please.<br /><br />Ilargi's Mom:<br /><br />Clean your roomAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42314009188924319792009-08-24T00:24:14.029-04:002009-08-24T00:24:14.029-04:00My interest in fractals greatly diminished once I ...My interest in fractals greatly diminished once I heard about Constructal Theory, which predicts flows. Therefore, it would be useful to predict the flows from the periphery to the centre. I would encourage anyone who is interested in fractals to Google up Construcatal.<br /><br />The inventor of Constructal Theory has offered it as a law of Thermodynamics. And before you flame me about the Rubennoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62325666585805231892009-08-24T00:17:09.728-04:002009-08-24T00:17:09.728-04:00Re: The future of cash in a society trapped in de...Re: The future of cash in a society trapped in deflation<br /><br />I agree with Ilargi's earlier argument for the maintenance of cash: The world's major criminal enterprises (drugs, weapons, and women)-trafficking require cash and will have it. <br /><br />Nevertheless, for those who are interested in the topic, I found the original article about Japan and the future of cash. <a href=Erin Winthropehttps://www.blogger.com/profile/17535747338165517395noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50183617977893257252009-08-23T22:42:17.650-04:002009-08-23T22:42:17.650-04:00Gasp, Shock, Awe! No they wouldn't!!
Would th...Gasp, Shock, Awe! No they wouldn't!!<br /><br />Would they?!!<br /><br />http://online.wsj.com/article/SB125107135585052521.html<br /><br /><b>Goldman's Trading Tips Reward Its Biggest Clients</b><br /><br /><i>Goldman Sachs Group Inc. research analyst Marc Irizarry's published rating on mutual-fund manager Janus Capital Group Inc. was a lackluster "neutral" in early April VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44594734046718807242009-08-23T22:39:45.443-04:002009-08-23T22:39:45.443-04:00Dark Matter,
Interesting statement, since it exac...Dark Matter,<br /><br /><i>Interesting statement, since it exactly defines a fractal and fractals have a close relationship with chaos and entropy.</i><br /><br />Indeed. Fractals have many applications, including markets.Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21163868882141695052009-08-23T22:29:21.290-04:002009-08-23T22:29:21.290-04:00@ Stoneleigh
:O
England are a real up and down t...@ Stoneleigh<br /><br />:O<br /><br />England are a real up and down team. You never really know with them?! Though now they have beaten the Aussies twice in England recently. First in 2005 and now. They lost in 2007 in Australia.<br /><br />The English press is all giddy, I predict stocks will rise for some time now as a result. I bet there will be a parade in the streets, followed by scones VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45191217882575644032009-08-23T22:26:25.319-04:002009-08-23T22:26:25.319-04:00A new tool from the Bernanke workshop?
Jesse'...A new tool from the Bernanke workshop?<br /><br /><a href="http://jessescrossroadscafe.blogspot.com/2009/08/when-at-first-you-dont-succeed-bring-in.html" rel="nofollow"> Jesse's <br />Cafe Americain</a><br /><br /><i>So, what we might expect to see is the Fed, as the banking system stabilizes after perhaps some new programs and credit facilities, begin to slowly unleash these excess reserves Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51025046643290843292009-08-23T22:23:49.105-04:002009-08-23T22:23:49.105-04:00Stoneleigh,
There are centres and peripheries at ...Stoneleigh,<br /><br /><i>There are centres and peripheries at all scales simultaneously.</i><br /><br />Interesting statement, since it exactly defines a fractal and fractals have a close relationship with chaos and entropy.<br /><br />HAL 9000,<br /><br />Touchee!dark_matternoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24643321100405560982009-08-23T22:13:43.518-04:002009-08-23T22:13:43.518-04:00VK,
LOL - the shoe was always on the other foot w...VK,<br /><br />LOL - the shoe was always on the other foot when I lived in the UK. British cricket never seemed to recover after Ian Botham retired, but then I haven't followed it since I moved to Canada.<br /><br />If memory serves, The Ashes trophy that Britain and Australia play for came to be because England had been beaten by the Aussies and an elderly woman fan waved a crematorium urn Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42518705544188206052009-08-23T22:01:17.347-04:002009-08-23T22:01:17.347-04:00LOL - Maybe I should crack some jokes? ;)
Indeed!...<i>LOL - Maybe I should crack some jokes? ;)</i><br /><br />Indeed! Maybe some cricketing jokes directed at Australia? The English press is out in full glory today!<br /><br />Some excerpts from the Sun today,<br /><br /><i>Q: What do you call an Australian with a champagne bottle in his hand?<br />A:A waiter.<br /><br />Q: What's the Aussie version of a hat trick?<br />A: Three runs in threeVKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12938687645212383692009-08-23T21:59:54.659-04:002009-08-23T21:59:54.659-04:00@ David Bowman:
I'm sorry, Dave. I'm afra...@ David Bowman:<br /><br />I'm sorry, Dave. I'm afraid I can't do that.<br /><br />I think you know what the problem is just as well as I do.<br /><br />This mission is too important for me to allow you to jeopardize it.HAL9000noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67150459412914762282009-08-23T21:56:38.965-04:002009-08-23T21:56:38.965-04:00“Strange is our situation here upon earth. Each of...“Strange is our situation here upon earth. Each of us comes for a short visit, not knowing why, yet sometimes seeming to a divine purpose. From the standpoint of daily life, however, there is one thing we do know: That we are here for the sake of others...for the countless unknown souls with whose fate we are connected by a bond of sympathy. <br /><br />Many times a day, I realize how much my Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67140277079426739972009-08-23T21:44:39.131-04:002009-08-23T21:44:39.131-04:00David Bowman,
Does anyone else think Stoneleigh s...David Bowman,<br /><br /><i>Does anyone else think Stoneleigh sounds an awful lot like HAL 9000? I guess she would be more like the lesser known SAL 9000.<br /><br />Either way, she is creepy.</i><br /><br />LOL - Maybe I should crack some jokes? ;)<br /><br />I make no claim to infallibility. I offer my view of the world anyone is free to accept or reject it. My view is unfortunately quite bleakStoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13477543936945665932009-08-23T21:35:31.432-04:002009-08-23T21:35:31.432-04:00Nothing wrong with a monochrome brush--some of the...Nothing wrong with a monochrome brush--some of the best paintings have been done in that fashion.<br /><br />You're confusing color with value/tone and value is far more important. In fact, almost any color will work providing the value/tone is correct. Color is basically a stain that resides on the surface of the proper tone. <br /><br />If you were to write that Ilargi and Stoneleigh'sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47175441936129089882009-08-23T21:28:48.221-04:002009-08-23T21:28:48.221-04:00Mellowg,
I rarely take exception with our good ho...Mellowg,<br /><br /><i>I rarely take exception with our good host, but could it not be argued that the periphery would be less wealthy if they were not part of the whole created by the center. For time immemorial, one has always benefited from a more affluent lifestyle the closer one was to the center, might that center be Rome, Athens, London, or even Paris under the Bourbon kings.</i><br /><br Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85382355953377163002009-08-23T20:45:15.526-04:002009-08-23T20:45:15.526-04:00Anonymous said: "tsk, tsk" about using O...Anonymous said: "tsk, tsk" about using Oliver Cromwell as an example of a "good guy" arising to break up a parasitic elite, grown too heavy for the host. I also said that sometimes it was "just another tyrant" and that both Cromwell and George Washington had feet of clay.<br />Thanks for reading my stuff!<br /><br />JohnJohn Dayhttps://www.blogger.com/profile/12123174297818737132noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61061141556379190792009-08-23T20:37:53.810-04:002009-08-23T20:37:53.810-04:00Eric Sprott on China and Beyond the Stimulus.
The...Eric Sprott on China and Beyond the Stimulus.<br /><br /><i>The Chinese have deployed 4 trillion yuan in stimulus spending through to 2010.<br /><br />In concert with this stimulus, the Chinese central bank has scrapped its national lending quotas in order to jump start their economic engine. In the first half of 2009, Chinese bank lending hit a record high of 7.37 trillion yuan.<br /><br />VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19612557546167614552009-08-23T20:26:01.811-04:002009-08-23T20:26:01.811-04:00"....there was always some strong, honest boy..."....there was always some strong, honest boy from the hinterlands arising every few hundred years, to topple a tyrrany which had become so oppressive as to be hurting the survival of the population. Often there was just a substitute tyrant, but occasionally there was an Oliver Cromwell...."<br /><br />Tsk Tsk.<br /><br />from wiki on cromwell:<br />...Cromwell has been a very Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6358582272741029162009-08-23T19:52:44.676-04:002009-08-23T19:52:44.676-04:00Dave Bowman( haha! ) @ 6:53
Stoneleigh seems inte...Dave Bowman( haha! ) @ 6:53<br /><br />Stoneleigh seems intelligent, confident, and knowledgeable. The Hal9000 had those traits too, but that is where the similarities end I think. Too bad you seem to find those qualities unnerving.Pentronicusnoreply@blogger.com