tag:blogger.com,1999:blog-4921988708619968880.post9062607635152765100..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: January 6 2009: Vulnerable VolatilityIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger85125tag:blogger.com,1999:blog-4921988708619968880.post-71616722185550733872009-01-07T12:00:00.000-05:002009-01-07T12:00:00.000-05:00These are the kinda crashes I expect we will see m...These are the kinda crashes I expect we will see more and more of in the coming days...<BR/><BR/>http://abcnews.go.com/US/wireStory?id=6586680<BR/><BR/><BR/><BR/>BTW, the beginning of the new year sees our food pantries looking pretty bare and local small biz's scrambling to find funds for fees or imminently folding. Who will be the last man standing in this great war of attrition?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24985691218859980192009-01-07T10:57:00.000-05:002009-01-07T10:57:00.000-05:00I am more inclined to agree with John SinglerAs fa...<I>I am more inclined to agree with John Singler</I><BR/><BR/>As far as riots are concerned, I am as well.<BR/><BR/>I believe Illargi is correct in his assessments of our future. That said, I don't think it wise to attach specific dates to prognostications. Events that may be inevitable can easily be hastened or delayed by the unexpected.Unknownhttps://www.blogger.com/profile/16632600430004147895noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75281900716716183312009-01-07T09:23:00.000-05:002009-01-07T09:23:00.000-05:00Sorry, that last quote is John Steinbeck, Cannery ...Sorry, that last quote is John Steinbeck, <I>Cannery Row</I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-35385493206294027022009-01-07T09:22:00.000-05:002009-01-07T09:22:00.000-05:00I am more inclined to agree with John Singler as a...I am more inclined to agree with John Singler as a matter of choice and assertion. Most acts of riot are either self-limiting emotional responses (such as after sporting events) or they are sparked by an event of gross injustice piled high upon event and event and event and event -- that becomes a last straw event.<BR/><BR/>The latter is less likely to sparked by hunger as it is pure oppression.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63027232648372984512009-01-07T08:30:00.000-05:002009-01-07T08:30:00.000-05:00Regarding the "thin veneer" of civilization discus...Regarding the "thin veneer" of civilization discussed above:<BR/><BR/>To make sense of this issue, it helps to distinguish civilization from culture. Civilization, loosely speaking, is that which enables societies to store and mobilize resources on a large scale and maintain big systems. Culture, loosely speaking, is the way people think and talk, and the values that guide their actions even ifAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13228186595200307502009-01-07T08:09:00.000-05:002009-01-07T08:09:00.000-05:00El Gallinazo,To each his own ;)Anthroposophy wasn'...El Gallinazo,<BR/><BR/>To each his own ;)<BR/><BR/>Anthroposophy wasn't my thing, but my kids did learn the useful practical skills I sent them there for.Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55888262289038438582009-01-07T08:08:00.000-05:002009-01-07T08:08:00.000-05:00First time posting here. Found this place couple w...First time posting here. Found this place couple weeks back and it is great. <BR/><BR/>Just want to say Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19240505152850521232009-01-07T07:56:00.000-05:002009-01-07T07:56:00.000-05:00VK,Social mood is a powerful driver. It's not as s...VK,<BR/><BR/>Social mood is a powerful driver. It's not as simple as happy or sad though. It's a tug-of-war between optimism, trust, inclusion, greed, and risk-blindness, versus pessimism, distrust, exclusion, fear and risk-aversion. <BR/><BR/>It also has to do with how high one's discount rate is (ie to what extent one values the future), which is a measure of perceived stability. A relatively Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25952291925718859232009-01-07T07:45:00.000-05:002009-01-07T07:45:00.000-05:00Stoneleigh,I will restrict myself solely to the fi...Stoneleigh,<BR/><BR/>I will restrict myself solely to the financial aspects of the epoch. I believe that the fractional reserve system was invented in that period.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17661483159939399972009-01-07T07:38:00.000-05:002009-01-07T07:38:00.000-05:00El Gallinazo,I haven't heard anyone mention the Ak...El Gallinazo,<BR/><BR/>I haven't heard anyone mention the Akashic records since the last staff meeting I sat through at the Steiner school my kids used to go to and where I used to teach French and handwork. Next you'll be talking about the sixth post-Atlantean epoch ;)Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7050502752970677942009-01-07T07:28:00.000-05:002009-01-07T07:28:00.000-05:00From an article in the January 7th Cleveland Plain...From an article in the January 7th Cleveland Plain Dealer:<BR/><BR/>Headline Jobless overwhelm Web site, phones<BR/><BR/> ". . . On a usual day the agency gets about 7,500 calls, but for the past week or so it has been getting 80,000 calls a day, or more than 10 times the usual volume.<BR/>Harter said that in December 2007 the agency took 138,563 calls for the month. In December 2008 the numberAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11393376375691744622009-01-07T07:06:00.000-05:002009-01-07T07:06:00.000-05:00"Jon Singler" was third mate on the Titanic in his..."Jon Singler" was third mate on the Titanic in his most recent past life. He was noted by the survivors for urging calm as the ship sank. It is unclear whether he threw any women or children out of the life boats to find a place for himself, as did the other officers. The details are lost in the haze of the Akashic records. However, the entity did survive the incident and lived to the age of el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-86030484204488748582009-01-07T04:40:00.001-05:002009-01-07T04:40:00.001-05:00Jon"Illargi, I think I remember you saying just af...Jon<BR/><BR/><I>"Illargi, I think I remember you saying just after the collapse of Lehman Brothers, correct me if I am wrong, that things would be very different by x-mas. "<BR/><BR/>Ilargi: They were, weren't they?<BR/><BR/>No, they really weren't.</I><BR/><BR/>If you think your world hasn't changed dramatically in the past three months, I'd say keep reading and pay attention.<BR/><BR/><I>"Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73697408354969141832009-01-07T04:40:00.000-05:002009-01-07T04:40:00.000-05:00jon singler. My point in regards to people not bei...jon singler. My point in regards to people not being to handle the truth is this. If people seek truth they know they must look for it from more than one source ie: corporate media. The vast majority of posters here seek truth. I talk to people, who's knowledge of this "credit crunch" is pathetic and they never ask where to find truth. And once you find truth you can never turn your back on it. willnotbillhttps://www.blogger.com/profile/07162194610773457577noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40331492975546735372009-01-07T03:42:00.000-05:002009-01-07T03:42:00.000-05:00@ stoneleigh, jon singler and riotous anonymous.Th...@ stoneleigh, jon singler and riotous anonymous.<BR/><BR/>The question I'd like to pose is, if the veneer of society is so thin, than how has civilization lasted so long? <BR/><BR/>From chaos springs order. Every revolution, conflict, riot, culture movement, disorder etc has resulted in order and stability.<BR/><BR/>Sure humans may have a "dark heart" but we also have a "light heart". I mean Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21397606609244117412009-01-07T03:31:00.000-05:002009-01-07T03:31:00.000-05:00I recommend a film in response to the question as ...I recommend a film in response to the question as to when the media will tell the truth. It is a film about propaganda. I realized more keenly that the propaganda will intensify rather than err on the side of facts/reality/truth. <BR/>" The Goebbel's Experiment", a film by Lutz Hachmeister & Michael Kloft, narrated by Kenneth Branagh.<BR/>I was able to get it from the library scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48197684649356704192009-01-07T02:33:00.000-05:002009-01-07T02:33:00.000-05:00Jon S,Here are a couple of Wikipedia articles on t...Jon S,<BR/><BR/>Here are a couple of Wikipedia articles on the Watts Riot in LA in 1965 and the 1992 LA riots. <BR/><BR/>http://en.wikipedia.org/wiki/Watts_riots<BR/><BR/>http://en.wikipedia.org/wiki/Los_Angeles_riots_of_1992 <BR/><BR/><BR/>These were definitely more than some knuckleheads letting off steam for a few hours as a result of a sporting event.<BR/><BR/>I would expect LA to be one of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47886487012769113232009-01-07T01:15:00.000-05:002009-01-07T01:15:00.000-05:00I agree with stoneleigh.The veneer of "civilizatio...I agree with stoneleigh.The veneer of "civilization gets thinner every meal missed.I think It was the french [who know a thing or 2 about revolution]who say that "Every country is 3 meals away from a revolution".Being hungry yourself is one thing.Seeing YOUR kids look like something out of Nat.Geographic article will send some into the ether<BR/><BR/><BR/>snuffyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67759349845507179102009-01-06T23:53:00.000-05:002009-01-06T23:53:00.000-05:00Jon Singler,The veneer of civilization is actually...Jon Singler,<BR/><BR/>The veneer of civilization is actually quite thin. Social order appears entrenched now, but could easily be disrupted, for instance by empty shelves.<BR/><BR/>Social response to events depends on collective mood. In good times people react to adversity in a civilized manner, but not so in bad times. Contrast the blackout of 2003 with the previous eastern seaboard blackout. Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61843279285536556812009-01-06T23:42:00.000-05:002009-01-06T23:42:00.000-05:00@Dan W: If that doesn't move you, have a look at t...@Dan W: <I>If that doesn't move you, have a look at this:<BR/>http://en.wikipedia.org/wiki/List_of_riots<BR/>I rest my case.</I><BR/><BR/>That doesn't move me, and neither does the list. You can't rest your case, because you haven't <I>made</I> one -- actually you made <I>my</I> case.<BR/><BR/>That riot is exactly what I assumed it to be -- a one-night blowing off of steam by a small number of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-78466642053836926882009-01-06T23:21:00.000-05:002009-01-06T23:21:00.000-05:00Haven't heard much about the baltic dry index late...Haven't heard much about the baltic dry index lately. Are shelves going to be empty by Jan. 20? Starcade, care to comment?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-17762424456241448392009-01-06T23:16:00.000-05:002009-01-06T23:16:00.000-05:00Hola Pluto,Que recibe un abrazo. Yo también ya re...Hola Pluto,<BR/><BR/>Que recibe un abrazo. Yo también ya renové tu contrato de amistad.***https://www.blogger.com/profile/09888364709448745997noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19623757410375899132009-01-06T23:01:00.000-05:002009-01-06T23:01:00.000-05:00My view of currencies is that the USD will continu...My view of currencies is that the USD will continue to benefit from a flight to safety, as irrational is that seems (and is, considering the state of the US's finances). Such things are simply not rational decisions, but knee-jerk emotional responses to a threat. IMO the fundamentals don't drive market moves - social mood drives markets and the effects create the fundamentals.<BR/><BR/>I expect Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68382152587574672782009-01-06T22:47:00.000-05:002009-01-06T22:47:00.000-05:00EBrown,Thanks for the review - much appreciated :)...EBrown,<BR/><BR/>Thanks for the review - much appreciated :)Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47144925060865317022009-01-06T22:46:00.000-05:002009-01-06T22:46:00.000-05:00Ontario,Short term treasuries are a cash equivalen...Ontario,<BR/><BR/>Short term treasuries are a cash equivalent, and cash is king in a deflation. Liquidity will be essential.<BR/><BR/>I don't recommend long term bonds as you would indeed have to find a buyer at a time when prices could have fallen a very long way, or wait thirty years for Uncle Sam to repay you (and what are the odds of that?). You typically don't need to find a buyer for short Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.com