tag:blogger.com,1999:blog-4921988708619968880.post6592860187718621616..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Just in case you still don't get it...Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4921988708619968880.post-55780862147140366382008-09-17T02:05:00.000-04:002008-09-17T02:05:00.000-04:00It's gone. It's all gone and it's all over. The ...It's gone. It's all gone and it's all over. The only question now is how many millions will not survive the violent shakeout.Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78048040992694800662008-09-09T17:37:00.000-04:002008-09-09T17:37:00.000-04:00sorry, I mean "debt" not "depth", it's too lateGre...sorry, I mean "debt" not "depth", it's too late<BR/><BR/>Greetings from CzechiaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59388980055722143342008-09-09T17:35:00.000-04:002008-09-09T17:35:00.000-04:00Oh another black day on the stock market.No, red d...Oh another black day on the stock market.<BR/><BR/>No, red day, because most of the numbers are red...<BR/><BR/>But seriously,<BR/>I made some research on total US debt for my Czech web pages.<BR/>The total debt was $52 trillions few months ago. It means 175 154 per every man, woman and child.<BR/><BR/>More interesting is, that the bigest piece of the debt, the whole 80% of it was "created" in Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90761680815072844122008-09-09T10:56:00.000-04:002008-09-09T10:56:00.000-04:00Doesn't this analysis muddy the waters a bit? Much...Doesn't this analysis muddy the waters a bit? Much of it rests on the destruction of the dollar's value. My understanding of deflation suggests that any simple measure of price inflation should be taken with a grain of salt. It strikes me as a bit disingenuous to say that inflating dollars contribute to deflating housing prices. <BR/><BR/>Is money and credit cheaper or more expensive? Do more or Unknownhttps://www.blogger.com/profile/12449452173636791089noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17931982520942783762008-09-09T10:27:00.000-04:002008-09-09T10:27:00.000-04:00Bigelow,Maybe the numbers guys have known for a lo...Bigelow,<BR/><BR/>Maybe the numbers guys have known for a long time that global economic growth would have to come to a stop - so they'd have to get theirs before the panic.super390https://www.blogger.com/profile/08898551733899860020noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30304905570714987732008-09-09T08:27:00.000-04:002008-09-09T08:27:00.000-04:00“Overwhelming American communities with mortgage, ...“Overwhelming American communities with mortgage, auto and credit card debt as we shift manufacturing and research capacity, jobs and approximately $10 trillion of capital offshore — much of it by illegal means — has been the US economic strategy since 1996.<BR/><BR/>This was a strategy that depended on massive government spending and market intervention. It was intentionally designed to leave usBigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67805347092502997002008-09-09T05:53:00.000-04:002008-09-09T05:53:00.000-04:00Nice computation but I am a bit sceptical to the e...Nice computation but I am a bit sceptical to the explanation what this six trillion lose mean. Like, what is the point of comparing it to GDP of China? Why not Somalia? Or have the boomers all their retirement savings in homes? If so, it make sense, otherwise it is misleading, IMHO.<BR/>After all, this is not first housing bubble in history, so why not compare it to the size of loses in Japan?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36303966010990980792008-09-09T04:46:00.000-04:002008-09-09T04:46:00.000-04:00I have a new retirement plan.Its called "Work unti...<I>I have a new retirement plan.Its called "Work until you die".</I><BR/><BR/>I realized a while back that I would be on the "work till you die" retirement plan.<BR/><BR/>One of the side effects of this plan is how it throws a monkey wrench into the career plans of the younger generations. They expected us to take early retirement, allowing the youngsters to replace us in the workforce. Our earlyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75517853880163321492008-09-09T02:18:00.000-04:002008-09-09T02:18:00.000-04:00These articles are frightening me, but they are ve...These articles are frightening me, but they are very real and one can't head into denial mode. What is extremely troubling is the mass amount of human suffering that is going to happen to good, honest, hardworking people. I won't escape this either.<BR/>Perhaps our societies as a whole will become better - but who knows for sure.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52557219711083925112008-09-09T01:57:00.000-04:002008-09-09T01:57:00.000-04:00I think the pie was gone awhile ago.There is a har...I think the pie was gone awhile ago.There is a hard stale crust that many will think delectable after the starving times...<BR/><BR/> This gives a better way of getting your brain around the numbers.The evaporation of all the retirement funds of the boomers is a good example.That people will understand.<BR/><BR/> I have a new retirement plan.Its called "Work until you die".I think its going Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37041511621199799802008-09-09T01:19:00.000-04:002008-09-09T01:19:00.000-04:00"Make the pie higher."(George W. Bush)"Make the pie higher."<BR/><BR/>(George W. Bush)Davidhttps://www.blogger.com/profile/11070930052244044086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74923850919582477072008-09-09T00:51:00.000-04:002008-09-09T00:51:00.000-04:00I no longer want a bigger piece of the Pie, I want...<I>I no longer want a bigger piece of the Pie, I want a different pie.</I><BR/><BR/>Nicely said.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85193127922185952292008-09-09T00:20:00.000-04:002008-09-09T00:20:00.000-04:00Read the article..I am disgusted, so many hard wor...Read the article..I am disgusted, so many hard working decent people will lose everything.<BR/>I cannot try to turn this crisis into personal gain.<BR/>I no longer want a bigger piece of the Pie, I want a different pie.rachelhttps://www.blogger.com/profile/15572854888730065806noreply@blogger.com