tag:blogger.com,1999:blog-4921988708619968880.post7235650549822671535..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, December 14 2008: Detroit and BaghdadIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger55125tag:blogger.com,1999:blog-4921988708619968880.post-70459336361567344032008-12-16T07:07:00.000-05:002008-12-16T07:07:00.000-05:00VK asked: How are you personally preparing for the...VK asked: How are you personally preparing for the storm up ahead?<BR/><BR/>VK-I just read your question so this response is late; hope you still get it.<BR/><BR/>I think the ideas you put forward are correct and are what I am doing. I moved from Seattle to Vermont and bought enough land to be able to grow my own food and heat my house with wood. I built a passive-solar, well-insulated house. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18142010009410075742008-12-15T13:37:00.000-05:002008-12-15T13:37:00.000-05:00The Simmons/Hirsh interview is excellent, and seri...The Simmons/Hirsh interview is excellent, and serious, check it out.<BR/><BR/>Amazing what happens when an industry, such as the oil industry, refuses to admit an issue exists, blocks open discussion, releases misinformation, for decades, because the issue will make them non-viable long term, and affect their bottom lines.<BR/><BR/>I can't argue with the main point raised, as oil starts to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66749405032882411802008-12-15T12:57:00.000-05:002008-12-15T12:57:00.000-05:00"There is a new piece by 'Heading Out' over at TOD..."There is a new piece by 'Heading Out' over at TOD that you should check out."<BR/><BR/>Yeah, I checked it out...it sucked all the brains right out of my head. Ilargi, imo, is right on to ban this kind of "discussion." It just leads to nowhere...Chaoshttps://www.blogger.com/profile/14511045883879753073noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74051372109551399412008-12-15T12:53:00.000-05:002008-12-15T12:53:00.000-05:00Bhagdad to Bush: No. And you can keep the shoes....Bhagdad to Bush: No. And you can keep the shoes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24335685051516393812008-12-15T12:41:00.000-05:002008-12-15T12:41:00.000-05:00MrMoto, if a more macro view of things flies over ...MrMoto, if a more macro view of things flies over your head (aka: some ridiculous rant)... well, no surprise there.<BR/><BR/>Happily, and thankfully, this stuff will never be settled in talk-fests like this, it will be handled by people capable of dealing with the questions. If it gets handled at all, which of course is another question altogether.<BR/><BR/>Luckily things are very slowly startingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74062777809468561582008-12-15T10:53:00.000-05:002008-12-15T10:53:00.000-05:00Can any one can help with this one?When a country'...Can any one can help with this one?<BR/><BR/>When a country's economy is tanking, the state cuts interest rates to encourage spending/more debt, as it is doing now.<BR/><BR/>This disuades foreign investors who get better returns elsewhere.<BR/><BR/>There would appear to be a perpetual compromise, between "stimulating" the domestic economy and encouraging investment -the liquidity trap.<BR/><BR/>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55001199406512352872008-12-15T10:45:00.000-05:002008-12-15T10:45:00.000-05:00I wrote:"That's a spectacular loss of between 2 an...I wrote:<BR/>"<BR/>That's a spectacular loss of between 2 and 3 mbpd assuming everyone does pump flat out"<BR/><BR/>I meant between 2 and 3 mbpd per year in case it's not obvious.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67974756577774943732008-12-15T10:38:00.000-05:002008-12-15T10:38:00.000-05:00uncertainIlargi said:'And now I want this out of h...uncertain<BR/><BR/>Ilargi said:<BR/>'And now I want this out of here.'<BR/><BR/>Even though there seemed to be a bit of misunderstanding over what 'this' was I could live with that.<BR/><BR/>Too bad you couldn't.<BR/><BR/>Instead you weigh in with some ridiculous rant.<BR/>I would suggest that it's your own 'mental training' and ability to think at 'a level of abstraction' that's not up to the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70666038280753180792008-12-15T10:21:00.000-05:002008-12-15T10:21:00.000-05:00Ilargi,Re your oil comments. Just wondering if you...Ilargi,<BR/><BR/>Re your oil comments. Just wondering if you have listened to what Simmons and Hirsch had to say in <A HREF="http://www.financialsense.com/Experts/roundtable/2008/1213.html" REL="nofollow">yesterday's Financial Sense Newshour</A><BR/><BR/>According to Simmons the IEA's true predictions (as given in "quiet" briefings around the world to the selected) is that the situation is far Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2076175161440626242008-12-15T09:48:00.000-05:002008-12-15T09:48:00.000-05:00kerrysl wrote:...however climate won't affect me i...kerrysl wrote:<BR/><BR/><I>...however climate won't affect me in my life-time, nor likely my children's lifetime. My grand children and great grand children's lifetime might be a different matter.</I><BR/><BR/>It would be comforting to believe that. However, it would also be a fairly major mistake. When most people think of climate change they think of episodic events like storms, or uniform Paul Chefurkahttps://www.blogger.com/profile/16890408782984166334noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38440820917455071882008-12-15T05:09:00.000-05:002008-12-15T05:09:00.000-05:00America has returned to the system of rule by the ...America has returned to the system of rule by the elite that our founding fathers fought against and died for. The king today is global corporations led by people with such a lust for money and power they will destroy humanity and still never satisfy their insane desire. I understand the frustration now of the rioters of years past protesting the World Trade Organization the United Nations and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9626582966557196462008-12-15T04:20:00.000-05:002008-12-15T04:20:00.000-05:00Thank you for that link VK. It makes very interest...Thank you for that link VK. It makes very interesting reading indeed. I have printed a hard copy so that I have access to it even after the electricity goes, and the computer batteries have failed.<BR/><BR/>It certainly makes a lot of sense. It doesn't factor in peak oil nor for that matter climate, however climate won't affect me in my life-time, nor likely my children's lifetime. My grand Unknownhttps://www.blogger.com/profile/10318309864441672787noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38771127691621053952008-12-15T02:28:00.000-05:002008-12-15T02:28:00.000-05:00el gallinazo said...Even though I was "severely ch...<I>el gallinazo said...<BR/><BR/>Even though I was "severely chastised" here by Ilargi months back for expressing my convictions that 9/11 was an inside job, ...</I><BR/><BR/>I also don't buy the 'official story'. Rapid destruction of forensic evidence was the biggest question mark for me.Unknownhttps://www.blogger.com/profile/10318309864441672787noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82041371320455647992008-12-15T02:03:00.000-05:002008-12-15T02:03:00.000-05:00I have a fun question, maybe it's been asked befor...I have a fun question, maybe it's been asked before or its in older threads but,<BR/><BR/>If TAE team were given the chance to be part of the President Elect Obamas team (i.e. in the cabinet, political advisors etc) what steps would they take to mitigate/ solve this crisis?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71014340788253516402008-12-15T01:50:00.000-05:002008-12-15T01:50:00.000-05:00This is a really good analysis, was done in late 2...This is a really good analysis, was done in late 2007. Seems like the winter wave down will be very severe, gold is the best asset class and we could be on the downhill slope for a good generation or two.<BR/><BR/>http://www.thelongwaveanalyst.ca/pdf/07_12_04_News.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40085749648650818762008-12-15T01:47:00.000-05:002008-12-15T01:47:00.000-05:00Hi Ilargi and all those here.How are you personall...Hi Ilargi and all those here.<BR/><BR/>How are you personally preparing for the storm up ahead. What practical measures would anyone suggest.<BR/><BR/>Installing solar panels?<BR/><BR/>Growing some of your own food?<BR/><BR/>Educating friends and family and building a community?<BR/><BR/>Getting an electric car/ scooter?<BR/><BR/>Also which currency is good to hold? or are metals good to hold?<BRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29833469397155517602008-12-15T01:33:00.000-05:002008-12-15T01:33:00.000-05:00The emissions trading is basically a government ta...The emissions trading is basically a government tax connected to a global market. What it does at the national level is as stated in the article, nett an $18 billion revenue for the government. THEY then decide what to do with that (rebate to business, to consumer, to alternate energy). It puts them firmly in control via economic means over private businesses. That maybe not a bad thing. It is Unknownhttps://www.blogger.com/profile/10318309864441672787noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28920266837113435032008-12-15T00:34:00.000-05:002008-12-15T00:34:00.000-05:00Here is an interesting news story on the Australia...<I>Here is an interesting news story on the Australian Government's decision re - greenhouse gases and emissions trading. It could be summarized as 'We'll play ball if you play ball'<BR/><BR/>Decision on Greenhouse Gas Emissions</I><BR/><BR/><BR/>The CO2 trading market is the perfect mechanism to employ the financial wizards who got us where we are.<BR/>Wish that it doesn't happen because they Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84208306132687706162008-12-15T00:28:00.000-05:002008-12-15T00:28:00.000-05:00I'm sure most have you have read the conde nast ar...I'm sure most have you have read the conde nast article by Micheal Lewis here:<BR/><BR/><A HREF="http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom" REL="nofollow">conde nast</A><BR/><BR/><BR/>Liars Poker author Micheal Lewis on Meredith Whitney and Steve Eisman.<BR/><BR/>Nice to revisit this after 60 minutes second wave of subprime report Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15521528374311782682008-12-15T00:06:00.000-05:002008-12-15T00:06:00.000-05:00Here is an interesting news story on the Australia...Here is an interesting news story on the Australian Government's decision re - greenhouse gases and emissions trading. It could be summarized as 'We'll play ball if you play ball'<BR/><BR/><A HREF="http://au.news.yahoo.com/a/-/latest/5213696/big-cut-greenhouse-gas-emissions/" REL="nofollow">Decision on Greenhouse Gas Emissions</A>Unknownhttps://www.blogger.com/profile/10318309864441672787noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87575097607523702732008-12-14T23:14:00.000-05:002008-12-14T23:14:00.000-05:00Here is an interesting quote (source provided at t...Here is an interesting quote (source provided at the end). <BR/><I>Net farm incomes in Australia have been decreasing<BR/>consistently throughout the last few decades, and at least<BR/>one third of Australian primary producers have experienced<BR/>sustained negative incomes since the 1980s. Ten regions in<BR/>Australia identified with the lowest household incomes are in<BR/>outer urban and rural Unknownhttps://www.blogger.com/profile/10318309864441672787noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70439862156000212342008-12-14T22:50:00.000-05:002008-12-14T22:50:00.000-05:00Ilargi said:"Ilargi: For the record, I don‘t share...Ilargi said:<BR/><BR/>"Ilargi: For the record, I don‘t share Stranded Wind’s vision of the rebuilding of the railway system. America doesn't have the money to do it."<BR/><BR/>Well, there's always conscription. If things get bad enough there will be political support for moving the economy to a war footing. Nationalise whatever mines, steel mills, machinery shops and oil wells you require.Just Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13359719770677257422008-12-14T21:17:00.000-05:002008-12-14T21:17:00.000-05:00I did an immage search of the jitney ... they do n...I did an immage search of the jitney ... they do not all look like the ones in the Philipines.<BR/>jalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76260761148414386032008-12-14T21:09:00.000-05:002008-12-14T21:09:00.000-05:00I wonder what " the Decider" will decide to do nex...I wonder what " the Decider" will decide to do next?<BR/>I wonder if the security detail for Bush will be larger than for , say, Clinton?<BR/>What's that going to cost the taxpayer? Maybe Blackwater got that job.scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28488012649522275802008-12-14T20:41:00.000-05:002008-12-14T20:41:00.000-05:00I'm just curious why people are so surprised with ...I'm just curious why people are so surprised with Bush's 13th hour regulation passing. He proved 7 years and 11 months ago that he's in it for money and power, not to govern the people.<BR/>No surprise here.Anonymousnoreply@blogger.com