tag:blogger.com,1999:blog-4921988708619968880.post6085085781042005816..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: March 22 2010: The Incredible Lightness of the S&P 500Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger47125tag:blogger.com,1999:blog-4921988708619968880.post-35755421507998878642010-03-23T12:47:26.364-04:002010-03-23T12:47:26.364-04:00New post up.
The euro: beggar-thy-currency
.New post up.<br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2010/03/march-23-2010-euro-beggar-thy-currency.html" rel="nofollow"><b>The euro: beggar-thy-currency</b></a><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33145534970211067482010-03-23T11:46:38.592-04:002010-03-23T11:46:38.592-04:00I used the 2-5 years for Stoneleigh as that is wha...I used the 2-5 years for Stoneleigh as that is what Scandia reported that Stoneleigh said in her recent Toronto presentation. Of course this is simply a best guess. For anyone to assume otherwise would be rather stupid. Nobody knows how long the deleveraging process will take, though I heard that an old Gypsy woman in Romania does, but she doesn't have an Internet connection.<br /><br />el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22742669560145961822010-03-23T11:44:46.077-04:002010-03-23T11:44:46.077-04:00@ Ilargi
I forgot about that, its:
http://thecomi...@ Ilargi<br /><br />I forgot about that, its:<br />http://thecomingdepression.blogspot.com/<br /><br />Z.zanderhttps://www.blogger.com/profile/15352619368764868819noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53718843381725577632010-03-23T11:38:58.956-04:002010-03-23T11:38:58.956-04:00Thanks for the replies, I feel much better now.
C...Thanks for the replies, I feel much better now.<br /><br />Cheers,<br />JerryJerry McManushttps://www.blogger.com/profile/03124700740429023228noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66067411141600833112010-03-23T11:16:05.802-04:002010-03-23T11:16:05.802-04:00I think Ilargi and Stoneleigh have been rather vag...<i>I think Ilargi and Stoneleigh have been rather vague on this point - perhaps because they don't have the ability to accurately project that far out in the future. </i><br /><br />We're in deflation now. How much more accurate would you like it?<br /><br /><i>Nevertheless, it seems to me that they've predicted this timeline anywhere from 2 years to 10 years to even longer.</i><br />Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82990397422358536692010-03-23T11:10:44.429-04:002010-03-23T11:10:44.429-04:00el gallinazo said "the dollar will lose most ...el gallinazo said "the dollar will lose most or all of its buying power. She [Stoneleigh] projects this may happen within 2-5 years."<br />----------------------------<br />I think Ilargi and Stoneleigh have been rather vague on this point - perhaps because they don't have the ability to accurately project that far out in the future. Nevertheless, it seems to me that they've Alfredhttps://www.blogger.com/profile/01344820424381752942noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91414118734769827502010-03-23T10:50:06.611-04:002010-03-23T10:50:06.611-04:00P.S.
There is an additional problem to waiting. ...P.S.<br /><br />There is an additional problem to waiting. As global trade and technology collapse, some of the hard goods you want may no longer be available.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37443692277554013762010-03-23T10:47:50.574-04:002010-03-23T10:47:50.574-04:00Bluebird
"We should just buy as much needed ...Bluebird<br /><br />"We should just buy as much needed necessities, now, while we can."<br /><br />Stoneleigh recommends this if you are flush enough to do it. However, if you are not, waiting, though risky, will allow you to buy much more, as long as you cash out the dollars in time.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54810174361999315202010-03-23T10:30:35.072-04:002010-03-23T10:30:35.072-04:00el gallinazo said "the dollar will lose most ...el gallinazo said "the dollar will lose most or all of its buying power. She [Stoneleigh] projects this may happen within 2-5 years."<br /> <br />What happens after that collapse, to people's extra dollars or T-Bills? Can the dollars or T-Bills be traded for a new currency(whatever that could be)? I hardly think the dollars could be used for barter, if the government didn't bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59641878983297083002010-03-23T10:26:21.971-04:002010-03-23T10:26:21.971-04:00"zander said...
The coming economic depressio...<i>"zander said...<br />The coming economic depression.<br />Excellent depiction as well, Ben B and burning dollars being sucked into a black hole. Very apt."</i><br /><br />Is there a URL perhaps?Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78535132939208929962010-03-23T10:23:59.765-04:002010-03-23T10:23:59.765-04:00Jerry,
Your question is a sensible one, although ...Jerry,<br /><br />Your question is a sensible one, although it would be easily answered by hitting the primer links. I notice no one's taken up the task of replying to you yet, and I would suggest it might have to do something with your tone at the end of your comment. A supplicant seeking answers would be wise not to also come off as a jackass. If you're concerned about consistency, or SAhttps://www.blogger.com/profile/11302830905147097638noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54685726928289600772010-03-23T10:22:39.094-04:002010-03-23T10:22:39.094-04:00Re.: Engineered
There are ancient tale of when th...Re.: Engineered<br /><br />There are ancient tale of when the gods are angry mere mortals should be wary and frighten.<br /><br />When the Titans are battling, get out of the way and keep your head down.<br /><br />Although we paint the financial oligarchs with the same brush they still continue their internal battles of supremacy. <br /><br />The Lehman crash left some riches that were picked jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52464334170905329122010-03-23T10:12:17.235-04:002010-03-23T10:12:17.235-04:00@ Jerry McManus
Those statements are contradicto...@ Jerry McManus<br /><br />Those statements are contradictory only if you project some sort of future time stasis. Both Stoneleigh and Prechter write much better than I, so I will let their work stand for itself. Stoneleigh's is linked at the top of TAE page with her "building a lifeboat." You must pay for most of Prechter, but he gave a really good podcast interview to Frisby,el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70690075537885052612010-03-23T08:43:39.329-04:002010-03-23T08:43:39.329-04:00The NYT article," States Look Beyond Borders...The NYT article," States Look Beyond Borders to Collect Owed Taxes " was particularly chilling....might as well implant the tracking microchip and get on with it! <br />Will this approach also tax int'l business people coming to town? <br />It is so easy now to do business using IT. Will business crossing borders electronically be taxed? <br />Obviously to verify the purpose of scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61673022938598005112010-03-23T08:07:20.198-04:002010-03-23T08:07:20.198-04:00The coming economic depression.
Excellent depictio...The coming economic depression.<br />Excellent depiction as well, Ben B and burning dollars being sucked into a black hole. Very apt.<br /><br />Z.zanderhttps://www.blogger.com/profile/15352619368764868819noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65623669438260543472010-03-23T07:45:32.358-04:002010-03-23T07:45:32.358-04:00zander said...
ElG
Your post has made it onto TCE...<i> zander said...<br />ElG<br /><br />Your post has made it onto TCED round up page. Nice one.</i><br /><br />It might be even better if we had any clue whatsoever what TCED is.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25689491729842197882010-03-23T05:25:04.646-04:002010-03-23T05:25:04.646-04:00Today March 22nd is World Water Day.
I just came ...Today March 22nd is World Water Day.<br /><br />I just came upon a series of shocking photos with an equally shocking article (Reuters online) about the perils the world faces due to water shortage.<br />Just a reminder to all of how precious this natural resource is, how fortunate we are to be able to access drinkable water - and the urgent need to conserve what we have. An urgent reminder to carpe diemhttps://www.blogger.com/profile/14488224761512097840noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-16389625754271298342010-03-23T05:07:20.395-04:002010-03-23T05:07:20.395-04:00ElG
Your post has made it onto TCED round up page...ElG<br /><br />Your post has made it onto TCED round up page. Nice one.<br /><br />Z.zanderhttps://www.blogger.com/profile/15352619368764868819noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77978101199019802862010-03-23T03:54:17.365-04:002010-03-23T03:54:17.365-04:00centaire
There are two parts to your question:
1...centaire<br /><br />There are two parts to your question:<br /><br />1) Did the MOTU plan this?<br /><br />2) Are events preceding according to their plan?<br /><br />Simply following the statements of David Rockefeller, the apparently immortal chairman of the board of the masters of the universe, there is a plan. The plan centers around continued and increasing globalization and el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17129123983229711522010-03-23T02:26:34.775-04:002010-03-23T02:26:34.775-04:00Thanks for another in a long series of excellent c...Thanks for another in a long series of excellent commentary on TAE, just one or two small observations.<br /><br />El Gallinazo wrote:<br /><br /><i>Stoneleigh says that we will probably go into hyperinflation, meaning that dollar currency will be worth next to nothing, in 2-5 years, and after the credit collapse is complete.</i><br /><br />and:<br /><br /><i>Some [advisors] like Prechter and Jerry McManushttps://www.blogger.com/profile/03124700740429023228noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36405478955039357522010-03-23T00:00:50.518-04:002010-03-23T00:00:50.518-04:00El G, unless one were to embrace the defense of &q...El G, unless one were to embrace the defense of "hoocoodanode?", then I would tend to think events are playing out as planned.<br /><br />The banking credit-money system is so inherently unstable it's like that scene from North-By-Northwest, where Cary Grant is poisoned with alcohol, then placed in a car on a windy road with a cliff on one side. The intention, of course, was to centiarehttps://www.blogger.com/profile/04574899469214065276noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48679518571867995822010-03-22T22:05:55.174-04:002010-03-22T22:05:55.174-04:00centiare,
The crash required no engineering. It w...centiare,<br /><br />The crash required no engineering. It was the inevitable outcome. All the engineering went in up front. The predator class has been launching schemes to enslave thru indebtedness for generations. This seems to have been the preferred method of enslaving since civilization began.<br /><br />Vox populii has always been an obnoxious noise to such as them and they cannot rest Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21444175139881117722010-03-22T21:39:07.227-04:002010-03-22T21:39:07.227-04:00Great post Mr Buzzard.
I too have a couple of peo...Great post Mr Buzzard.<br /><br />I too have a couple of people pissed off at me for telling them to bail out of the markets in the fall.<br /><br />Now I'm the 'Boy Who Cried Wolf' to this folks. The double head fake by the Banking Mafia is a total success as far as reassuring people their money is OK in equities. It's all under control folks, keep moving.<br /><br />The very fewTop Hat Cathttps://www.blogger.com/profile/18062738110354384414noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75838290922290258532010-03-22T21:22:33.200-04:002010-03-22T21:22:33.200-04:00centiare
We will never know the answer to the que...centiare<br /><br />We will never know the answer to the question you raise, at least not on this earthly plane. However, it reminds me of a story I once heard, reportedly true but probably apocryphal.<br /><br />A missionary goes to a Polynesian island. After a couple of weeks they throw a big party, and the next morning they are all laying about groaning, near to death's door. After el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24779075456549789992010-03-22T21:04:49.419-04:002010-03-22T21:04:49.419-04:00This comment has been removed by the author.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.com