tag:blogger.com,1999:blog-4921988708619968880.post8750132239090345844..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, April 30 2008: We are all underwaterIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-4921988708619968880.post-17728736263379648972008-05-01T09:15:00.000-04:002008-05-01T09:15:00.000-04:00http://www.webofdebt.com/excerpts/introduction.php...http://www.webofdebt.com/excerpts/introduction.php<BR/><BR/>Little something for today....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11992529696425300832008-05-01T08:44:00.000-04:002008-05-01T08:44:00.000-04:00Snuffy,Here's a link to the story you mention:THOU...Snuffy,<BR/><BR/>Here's a link to the story you mention:<BR/><BR/><A HREF="http://survivalmonkey.com/forum/showthread.php?s=21be59b9c102d3852d74efa9d809f5c0&t=2715" REL="nofollow">THOUGHTS ON URBAN SURVIVAL<BR/>Life in Post-Collapse Argentina, Oct. 2005</A><BR/><BR/>(scroll about a third of the way down)<BR/><BR/>The author also has his <A HREF="http://ferfal.blogspot.com/" REL="nofollow">own Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77031889575658422952008-05-01T01:39:00.000-04:002008-05-01T01:39:00.000-04:00el polloThe nationalization or bail-out (pick a te...el pollo<BR/><BR/>The nationalization or bail-out (pick a term) of F&F will not lift share prices. The shareholders won't get anything. After all, it will go belly up first, even if only in a Bear sense.<BR/><BR/>The FHA could be an option for day to day management, but the debt load will have to move elsewhere.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26563220856397413302008-04-30T23:43:00.000-04:002008-04-30T23:43:00.000-04:00I have given up on "official"statistics of any sor...I have given up on "official"statistics of any sort.If there is a political bend to them,any and all would/will be massaged.especially if it is impossible to check.I don't know if words can truly convey the sadness and near despair I,and many feel when the subject of the destruction of the data bases,as well as the smashing of federal government/ civil service system,and damage to federal snuffyhttps://www.blogger.com/profile/03978637281755386311noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60021634581085856002008-04-30T22:59:00.000-04:002008-04-30T22:59:00.000-04:00I was recently readingAn Inconvenient Adjustment: ...I was recently reading<BR/><BR/>An Inconvenient Adjustment: The Unofficial Official Recession <BR/>BY CHRIS PUPLAVA<BR/>http://www.financialsense.com/Market/wrapup.htm<BR/><BR/>an article in which (as in many others) the official figures for CPI are questioned.<BR/><BR/>Im sure few of you follow the headlines in Argentina; actually this country is like an economic laboratory where all kinds of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24725806102764950542008-04-30T15:54:00.000-04:002008-04-30T15:54:00.000-04:00ebrown, anon et al,I have tried to discuss the oil...ebrown, anon et al,<BR/>I have tried to discuss the oil/energy/financial issues with some very intelligent people, and some not so intelligent. They all have the same reaction. They do not believe it for a minute regardless of evidence or facts. Intelligent people can easily deny things they don't want to hear. Almost everyone wants to believe in a rosy and bright future even if everything isAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29403168854794239772008-04-30T15:48:00.000-04:002008-04-30T15:48:00.000-04:00In response to OuttaControl:Yes, that article is, ...In response to OuttaControl:<BR/><BR/>Yes, that article is, well, ridiculous. I usually have to hold my nose quite tightly when I wade into the G&M comments section, as the waves of idiocy drown out anything else, but I was a little heartened to see a near-universal agreement that the article was out to lunch.<BR/><BR/>Seems not everyone in Joe Public Land is assuming things are fine and dandy. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72925414856744150122008-04-30T15:36:00.000-04:002008-04-30T15:36:00.000-04:00Here's some Canadian reporting to be proud of: Ho...Here's some Canadian reporting to be proud of: <A HREF="http://www.theglobeandmail.com/servlet/story/RTGAM.20080424.re-biddingwar-0425/BNStory/RealEstate" REL="nofollow"> How to win a bidding war</A><BR/><I>For every offer made on a property, add $10,000 to the list price, one agent suggests </I><BR/><BR/>I would acknowledge, however, that the formula was almost exact for the sale of my home lastFarmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13992029837216480292008-04-30T15:14:00.000-04:002008-04-30T15:14:00.000-04:00ebrown, the docs are just as stupid and resistant ...ebrown, the docs are just as stupid and resistant to info to the contrary.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-615213204103283992008-04-30T14:53:00.000-04:002008-04-30T14:53:00.000-04:00Welcome back, many thanks to Stoneleigh for keepin...Welcome back, many thanks to Stoneleigh for keeping the rattle shaking while you were away.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-129220196056044022008-04-30T14:03:00.000-04:002008-04-30T14:03:00.000-04:00Ilargi, I continue to be amazed at the reporting...Ilargi,<BR/> I continue to be amazed at the reporting (or lack thereof) coming out of US financial media. I find it hard to reconcile my DEEPLY pessimistic understanding of a world economy about to pass a massive turd into the blades of a GE90-115B with what I read from media such as Marketwatch, CNNMoney, and others. Contributing to this strange sense of disconnect is the fact that few otherEBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18995000282362713562008-04-30T13:12:00.000-04:002008-04-30T13:12:00.000-04:00It is amazing how the US media is reporting such g...It is amazing how the US media is reporting such good economic news. You would think that we are not underwater but rather flying high above the water. On CNBC, guest after is guest claims that the worst is over and the good times are just ahead.<BR/>ShibAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77145367605900245832008-04-30T12:51:00.000-04:002008-04-30T12:51:00.000-04:00Regarding your article concerning shorting Fannie ...Regarding your article concerning shorting Fannie and Freddie down to zero. There is no question that they would go belly up shortly without federal intervention. But as someone who got seriously burned with the Fed intervention over the MLK holiday, have you taken federal intervention into account? They are TBTF and a GSE to boot. Won't the Federal Reserve just buy up all their toxic waste, el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32327862346586168812008-04-30T12:20:00.000-04:002008-04-30T12:20:00.000-04:00Hi Ilargi, welcome back.Good rattle.Here goes an i...Hi Ilargi, welcome back.<BR/><BR/>Good rattle.<BR/><BR/>Here goes an interesting article on food and imperial capitalism exterminism:<BR/><BR/>http://www.counterpunch.org/goff04242008.html<BR/><BR/>AuskaloAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84755198470058571922008-04-30T11:47:00.000-04:002008-04-30T11:47:00.000-04:00I am amazed by the reporting on the UK house price...I am amazed by the reporting on the UK house prices. The Nationwide index shows prices have been consistently declining at an annualised rate of 10% since October 2007, yet the only comment is that the year on year change is a drop of 1%.<BR/><BR/>I have looked at a simple model of affordability to look at house prices. If you say affordability depends on earning growth, the excess of earnings Anonymousnoreply@blogger.com