tag:blogger.com,1999:blog-4921988708619968880.post8610309361341740576..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: July 26 2011: Austerity is coming to the U.S.A.Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger132125tag:blogger.com,1999:blog-4921988708619968880.post-2215891302215999832011-07-28T15:12:39.527-04:002011-07-28T15:12:39.527-04:00The Anonymous
As I mentioned here many times befo...The Anonymous<br /><br />As I mentioned here many times before, I didn't take the Fed and the USG seriously enough when they said that they would do "whatever it takes." I must admit that this was a measure of stupidity on my part as everyone here knows my opinion of their criminal ruthlessness in matters beyond the purely financial. I agree with Stoneleigh, that the natural el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6649713165759347562011-07-28T15:11:52.027-04:002011-07-28T15:11:52.027-04:00New post up.
Real Black. Real Swan.
.New post up.<br /><br /><br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2011/07/july-28-2011-real-black-real-swan.html" rel="nofollow"><b>Real Black. Real Swan.</b></a><br /><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12487552550447399632011-07-28T15:04:55.705-04:002011-07-28T15:04:55.705-04:00"Thats true as to the 100% opposite conclusio..."Thats true as to the 100% opposite conclusion of HI, but not as to the conclusion of "muddling through, continuiously kicking the can, far longer than anyone here can imagine""<br /><br />Collapse watchers always see things way in advance. It's part of the DNA. Interestingly, if most people had their view of things and practiced appropriate 'economic' behavior - SecularAnimisthttps://www.blogger.com/profile/00391479249569818914noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41306143342320180912011-07-28T14:55:13.486-04:002011-07-28T14:55:13.486-04:00This comment has been removed by the author.SecularAnimisthttps://www.blogger.com/profile/00391479249569818914noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31759460649929155912011-07-28T14:36:52.458-04:002011-07-28T14:36:52.458-04:00Who exactly are the dreaded "Owners?"
M...Who exactly are the dreaded "Owners?"<br /><br />My guess is that they are principal<br />shareholders of banks, corporations and communications media with global tentacles. Do they actively conspire against us, such as with daily encrypted conference calls? Is there an admission checklist to enter the hallowed halls? Do they hire economic professionals for advice? With any luck, seychelleshttps://www.blogger.com/profile/17758362037570506475noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53710751945437283822011-07-28T14:16:59.721-04:002011-07-28T14:16:59.721-04:00"Ash said...
This statement couldn't be ..."Ash said...<br /><br />This statement couldn't be farther from the truth, given the extent to which the deflation v. HI<br />debate has been discussed on TAE and the emphasis we place on the critical aspect of timing, which is usually under-emphasized by those advocating HI. Every year that there isn't a US bond market collapse and a lapse into HI, they say we were just lucky this The Anonymoushttps://www.blogger.com/profile/09233501721660697800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75462758407367772972011-07-28T14:14:51.696-04:002011-07-28T14:14:51.696-04:00The Anonymous
I altered my original response beca...The Anonymous<br /><br />I altered my original response because I misunderstand what you meant about Prechter originally. I thought you had implied that he recently came out pushing a deflation prediction 20 years into the future. On a second reading of your comment, I realized that I had misinterpreted your meaning and edited my response accordingly.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66541324542799451292011-07-28T14:13:27.990-04:002011-07-28T14:13:27.990-04:00oh, yeah, that was in the NYT Business section -
...oh, yeah, that was in the NYT Business section - <br /><br />cripes, I need to find some more boggles somewhere, my supply is just exhausted...Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9332342104960290312011-07-28T14:12:14.919-04:002011-07-28T14:12:14.919-04:00OMG!! ROTFLAMAO!!! we get to add to the theater;...OMG!! ROTFLAMAO!!! we get to add to the theater; <br /><br />we now have Slapstick Stooge Kabuki - Puppets!<br /><br />"Dow Edges Up After Positive Sign on Jobs<br />By THE ASSOCIATED PRESS<br />Published: July 28, 2011<br /><br />"A strong report on jobs sent Wall Street slightly higher on Thursday even as the stalemate continued in Washington over the debt ceiling."<br /><br />Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89203295163617067432011-07-28T14:08:43.610-04:002011-07-28T14:08:43.610-04:00The Anonymous said...
Robert Prechter has pushed ...The Anonymous said...<br /><br />Robert Prechter has pushed forward his time horizon of "imminent deflation" for 20+ years now.<br /><br />==========<br /><br />First, I am not an apologist for Prechter though I take his ideas seriously. I regard technical analysis in this age of a NWO on steroids as suspect. That said, Prechter is always saying that gold is real money, and he likes el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41707951214011554172011-07-28T14:07:31.575-04:002011-07-28T14:07:31.575-04:00El G. You asked me a question a moment ago that s...El G. You asked me a question a moment ago that seems to have disappeared into the either. <br /><br />As such, I dont have the phrasing exact, but I think your request was (in sum) to provide proof that Prechter has been saying "it just hasnt happened yet" for 20+ years.<br /><br />In that regard, here is an interview with Prechter, circa 1989 wherein he was calling for imminent The Anonymoushttps://www.blogger.com/profile/09233501721660697800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68343144009099744952011-07-28T13:55:12.823-04:002011-07-28T13:55:12.823-04:00"scandia said...
@ The Anonymous..ahem, you ..."scandia said... <br />@ The Anonymous..ahem, you haven't answered skilo's question either."<br /><br />Nor can I in that I simply do not believe that deflation is imminent. I thought there was a much better chance of this in 2007 early 2008 when many of the signs I follow were flashing ultra bright red. However, as many of those same are now flashing a muted yellow, I The Anonymoushttps://www.blogger.com/profile/09233501721660697800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90669201469115670272011-07-28T13:48:56.824-04:002011-07-28T13:48:56.824-04:00"My guess is you are not going to get much in..."My guess is you are not going to get much in the way of a substantive answer.<br /><br />Given the lack of importance put on timing, the preferred method of dealing with this issue seems to be not to critically re-test the theory, but simply continuously push forward the time horizon in which the deflationary event "will" occur...possibly forever." <br /><br />This statement Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85302389205440635022011-07-28T12:54:49.884-04:002011-07-28T12:54:49.884-04:00From the "sometimes the universe does make se...From the "sometimes the universe does make sense department" (and Daily KOS):<br /><br />The winner of the 2011 Bulwer-Lytton Prize for deliberately awful writing:<br /><br /> "Cheryl’s mind turned like the vanes of a wind-powered turbine, chopping her sparrow-like thoughts into bloody pieces that fell onto a growing pile of forgotten memories."<br /><br /> Sue Wyotehttps://www.blogger.com/profile/17639946106031416118noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-44985794483763954702011-07-28T12:53:16.978-04:002011-07-28T12:53:16.978-04:00The Anonymous
"My guess is you are not going...The Anonymous<br /><br />"My guess is you are not going to get much in the way of a substantive answer.<br /><br />Given the lack of importance put on timing, the preferred method of dealing with this issue seems to be not to critically re-test the theory, but simply continuously push forward the time horizon in which the deflationary event "will" occur...possibly forever." <Ashvinhttps://www.blogger.com/profile/00692970226443206815noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5002128962659017192011-07-28T12:35:03.280-04:002011-07-28T12:35:03.280-04:00@ The Anonymous..ahem, you haven't answered sk...@ The Anonymous..ahem, you haven't answered skilo's question either.scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5117235225597088752011-07-28T12:28:13.495-04:002011-07-28T12:28:13.495-04:00p01
Well, her position is so flakey that I though...p01<br /><br />Well, her position is so flakey that I thought there was an outside chance that she might be for real. Never underestimate the potential for cognitive dissonance of an American. Her blogger handle has been around for almost two years, though it could be a "utility" profile as everything but the name itself can be edited (TTBOMK). I found more than I needed to know el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24519068940261126282011-07-28T12:18:37.108-04:002011-07-28T12:18:37.108-04:00"skilo said...
@Board,
I queried everyone b..."skilo said... <br />@Board,<br /><br />I queried everyone before, but nobody answered.<br /><br />I hold the general view of the board - that a deflationary depression is what we need to worry about before a hyperinflationary collapse.<br /><br />However, we could be wrong since it is a policy decision and we aren't insiders aware of every detail and the insider thought process.<br /><The Anonymoushttps://www.blogger.com/profile/09233501721660697800noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67157172422908894482011-07-28T11:53:24.150-04:002011-07-28T11:53:24.150-04:00@El gallinazo
C'mon, you're not going to f...@El gallinazo<br />C'mon, you're not going to fall for <a href="http://www.illinoisdeafministries.org/Anger.html" rel="nofollow">Carol</a>'s antics.<br /><br />Hamster Breeding and Megadeath. Good one, Bob!p01https://www.blogger.com/profile/04396562841580952642noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54150721311107169692011-07-28T11:26:23.775-04:002011-07-28T11:26:23.775-04:00Carol
You mention having to declare bankruptcy if...Carol<br /><br />You mention having to declare bankruptcy if you default. But Arizona is a non-recourse state. Did you sign away your non-recourse, jingle mail rights?el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8489095217008198282011-07-28T10:59:20.617-04:002011-07-28T10:59:20.617-04:00Oh, somewhere in this favored land the sun is shin...Oh, somewhere in this favored land the sun is shining bright,<br />The band is playing somewhere, and somewhere hearts are light,<br />And somewhere men are laughing, and little children shout;<br />But there is no joy in Mudville — mighty Casey has struck out.<br /><br /><br />In possibly the most important underreported news of the day, Goldman and Citi were forced to scrap a $1.5 billion CMBS el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42284911720796765392011-07-28T10:38:55.947-04:002011-07-28T10:38:55.947-04:00My favorite Slapstick Stooge Kabuki of the day - s...My favorite Slapstick Stooge Kabuki of the day - so far- <br /><br />"NEW YORK (CNNMoney) -- Finally, some better news about the job market: the number of first-time filers for unemployment benefits fell below 400,000 for the first time since early April.<br /><br />"There were 398,000 initial unemployment claims filed in the week ended July 23, the Labor Department said Thursday."Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81155041031609474692011-07-28T09:35:34.768-04:002011-07-28T09:35:34.768-04:00""Timely message in the sense that I am ...""Timely message in the sense that I am discouraged these days in my efforts toward social justice.""<br /><br />Yeah, much of today's emergent counter-cultures have spun the 60s idealism on it's head and turned it into fatalism. Not that their is not a lot of data to be very pessimistic about. But, screw it, fatalism today is an easy way out. Though, I do see it SecularAnimisthttps://www.blogger.com/profile/00391479249569818914noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55864170196111522042011-07-28T09:10:46.004-04:002011-07-28T09:10:46.004-04:00Side note:
You'll notice that the first parag...Side note:<br /><br />You'll notice that the first paragraph of my parting swipe at Ian consisted entirely of coloquialisms. Not a word of plain English in it.<br /><br />Coloqialism is a language within a language, with each idomatic phrase serving the purpose of expressing a single concept just like a word does .... only it tends to handle bigger and trickier concepts than most single D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5727142509644464512011-07-28T08:43:39.521-04:002011-07-28T08:43:39.521-04:00Attaboy, Ian! Declare victory and retreat. Don...Attaboy, Ian! Declare victory and retreat. Don't let the door smack you in the ass, but before you go I just want to say, "Y'all come back now, hear? Sitting ducks make great target practice."<br /><br /><br />He will come back, too, because THERE, my fellow philosophers, is an ego undaunted by fact and unflinching in the face of certain annihilation... probably because he D. Benton Smithhttps://www.blogger.com/profile/09505763959328162067noreply@blogger.com