tag:blogger.com,1999:blog-4921988708619968880.post1491086478138615924..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: October 10 2009: There's no there thereIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger104125tag:blogger.com,1999:blog-4921988708619968880.post-6243540781129643552009-10-12T15:22:39.538-04:002009-10-12T15:22:39.538-04:00Thanks for returning the irony, El Gal.
I believ...Thanks for returning the irony, El Gal. <br /><br />I believe you vultures will do very well, thank you, because if we don't return to subsistence farming and if the aliens somehow fail to arrive on time, then we'll - DIE. <br /><br />And by "we" I mean those first in line on the pointy end of the stick, not you and I.Nelsonhttps://www.blogger.com/profile/07827295021201195746noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50882426011251368202009-10-12T13:47:46.122-04:002009-10-12T13:47:46.122-04:00@Nelson
"We can't and won't become s...@Nelson<br /><br />"We can't and won't become subsistence farmers, so it's a strawman that's unworthy of you. Now, can we talk about what's real, please?<br /><br />.....................<br /><br />We can't continue to grow our technological base without abundant cheap energy. We can't continue to eat without abundant cheap water, soil, phosphorus, etc."<br /el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25228216290361565192009-10-12T13:19:31.177-04:002009-10-12T13:19:31.177-04:00El G,
For the record, I think your analysis is im...El G,<br /><br />For the record, I think your analysis is impressive. To my knowledge, Fauxbel nominations need to be in be February. I should look into the requirements.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10377854081183335502009-10-12T12:58:24.529-04:002009-10-12T12:58:24.529-04:00Here are a couple of more postings echoing Ilargi&...Here are a couple of more postings echoing Ilargi's statement that Martenson is wrong in his Zerohedge piece since "governments and central banks cannot simply elect to keep their debt obligations hidden in perpetuity."<br /><br />Mish: <a href="http://globaleconomicanalysis.blogspot.com/2009/10/one-hand-clapping-theory-analyzed.html" rel="nofollow">One Hand Clapping Theory Analyzedric2https://www.blogger.com/profile/16024736044583806876noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-10866563990332574292009-10-12T12:54:42.070-04:002009-10-12T12:54:42.070-04:00It's simply not rational to assert that the ec...It's simply not rational to assert that the economy, environment, and energy issues are separable. <br /><br />Ilargi, couldn't you have also stated, "If we all returned to the <i>credit</i> levels of Bangladeshis, our crisis could be averted for years?" <br /><br />Of course you could. And it would be irrelevant. Because clearly we can't. The US worker depends on the Nelsonhttps://www.blogger.com/profile/07827295021201195746noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14442548019125102162009-10-12T12:48:06.602-04:002009-10-12T12:48:06.602-04:00El G, good posts -- yesterday @ 2:41 PM and today ...El G, good posts -- yesterday @ 2:41 PM and today @ 10:51 AM. Agree.<br /><br />Regarding Michael Moore, I realized in 2004 that he does not see the whole picture of what's transpiring before us because he supported Wesley Clark for president.<br /><br />Busy these days gardening. Beginning of growing season in So. Florida.<br /><br />Did anyone see Michael Ruppert's recent posts? He'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85911187514953809982009-10-12T12:45:53.293-04:002009-10-12T12:45:53.293-04:00My path here started with the daily kos. A site t...My path here started with the daily kos. A site that was once relevant to my experience but post the 2006 election increasingly less so. However, they introduced me to TOD. As an ex-petroleum engineer I needed no convincing of their thesis but found the technical detail initially fascinating, then increasingly boring. There was a bright spot, the occasional economic summaries from the YDhttps://www.blogger.com/profile/11659429390056544844noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42388175958811574602009-10-12T12:29:34.739-04:002009-10-12T12:29:34.739-04:00It turns out, quite by coincidence, that Mish also...It turns out, quite by coincidence, that Mish also has an analysis of the Martenson thesis. Though it is not quite as rigorous as my own, he comes to similar conclusions.el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5359512525985329452009-10-12T12:28:55.724-04:002009-10-12T12:28:55.724-04:00"It is not titles that honour men, but men th..."It is not titles that honour men, but men that honour titles." -Niccolo Machiavelli<br /><br />Just give half of the thing to Karzai, at least, or anyone the US is currently not completely at peace with. Divide in as many pieces as peace would desire, even to make war.Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22039057584300152602009-10-12T12:04:58.172-04:002009-10-12T12:04:58.172-04:00This is a question to everyone here, please consid...This is a question to everyone here, please consider the following: what would be the influence of the IMF on the price of gold if they were to manipulate expectations in the following ways;<br /><br />A. They announce that SDR's will contain as much as 50%-70% gold, exploding the price, after which they cash in on their holdings, before announcing they made a mistake, and the actual Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42192458761272787762009-10-12T11:55:04.855-04:002009-10-12T11:55:04.855-04:00Chris Martenson put forth the thesis in a recent Z...Chris Martenson put forth the thesis in a recent Zero Hedge article that the equities market could walk on air indefinitely as long as it never looked down. This struck me as an interesting thesis, but I was, at first, at a loss how to verify it. Then it occurred to me that if Wile E. Coyote could do it for an entire episode, then surely the DOW could do it also. Unfortunately, in my current el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1445912736870708712009-10-12T11:30:56.734-04:002009-10-12T11:30:56.734-04:00Is the discussions about noble prizes a conspiracy...Is the discussions about noble prizes a conspiracy to divert and entertain from the important issues that need attention?<br />(too many blogs have had their attention diverted)<br />jaljalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9145685478602145662009-10-12T11:25:13.456-04:002009-10-12T11:25:13.456-04:00Chicago Board Options Exchange systems back up aft...Chicago Board Options Exchange systems back up after a system outage. One wonders...VKhttps://www.blogger.com/profile/06843562351166927162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3219164692527329742009-10-12T11:12:52.835-04:002009-10-12T11:12:52.835-04:00Obama fails to win Nobel prize in economics
In a ...<a href="http://www.marketwatch.com/story/obama-fails-to-win-nobel-prize-in-economics-2009-10-12" rel="nofollow"><b>Obama fails to win Nobel prize in economics</b></a><br /><br />In a decision as shocking as Friday's surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday. While few observers think Obama has done anything for world peace inIlargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42797641562950772742009-10-12T10:51:23.241-04:002009-10-12T10:51:23.241-04:00Additionally to Ilargi's comment:
Peak Credit...Additionally to Ilargi's comment:<br /><br />Peak Credit and its aftermath can be causally totally independent from Peak Oil. The Great Depression in the USA was completely caused by credit reaching levels where it could not be repaid and was defaulting. This occurred prior to most of the USA's crude oil deposits having been exploited. USA peak oil didn't occur until the early 1970el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-60698258295015106782009-10-12T10:49:11.294-04:002009-10-12T10:49:11.294-04:00Britain has worst quality of life in Europe, study...Britain has worst quality of life in Europe, study says<br /><br />British people have the worst quality of life in Europe, according to a report which highlights the long hours, bad weather, low life expectancy and high price of many consumer goods.<br /><br />http://tinyurl.com/yjgyb4kVKhttps://www.blogger.com/profile/06843562351166927162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29699305268992316862009-10-12T09:20:22.500-04:002009-10-12T09:20:22.500-04:00America getting lots of accolades from the Nobel C...America getting lots of accolades from the Nobel Committee. <br />I am interested in Ostrum's work on economic governance and the commons. Surely as we localized and personalize we will need to find some other form of goverance than the one we are now used to,governed by the Lobby.<br />And if Willianson is working on boundaries for corporations I am most interested. Does he address sudden scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46230642006061886702009-10-12T09:13:27.754-04:002009-10-12T09:13:27.754-04:00ccpo
To put in in extreme terms: if we would all ...ccpo<br /><br />To put in in extreme terms: if we would all live at Bangla Deshi standards, peak oil would not be an issue, at least not for a long time to come, I think we can all agree on that.<br /><br />This to show that if an economy gets bad enough, the rate of oil consumption must be definition go down precipitously. <br /><br />And we say that is what's going to happen. That is why I Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4481969301971282112009-10-12T08:28:16.998-04:002009-10-12T08:28:16.998-04:00From the standpoint of pure physiognomy, I would h...From the standpoint of pure physiognomy, I would have preferred either Greenspan or Bonzo - the two are practically indistinguishable. And since "economic science" is an oxymoron, I think that physiognomy should be the determining selection factor.<br /><br />I have my own theory about the peace prize. My theory is that overindulgence in lutefisk gels the brain and clogs the synapses el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87138022643171298582009-10-12T07:52:54.156-04:002009-10-12T07:52:54.156-04:00What do you say, El G., Big Hairy Ears?
.What do you say, El G., <a href="http://4.bp.blogspot.com/_9ZzZquaXrR8/StMYBHG-eCI/AAAAAAAAE9k/Gr3yXxYp3hM/s1600-h/fauxbel.jpg" rel="nofollow">Big Hairy Ears?</a><br /><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43329734043010944502009-10-12T07:46:10.118-04:002009-10-12T07:46:10.118-04:00The Nobel Memorial Prize in Economic Science was a...The Nobel Memorial Prize in Economic Science was awarded on Monday to two Americans for their work in economic governance. The prize committee cited Elinor Ostrom of Indiana University “for her analysis of economic governance, especially the commons” and Oliver E. Williamson of the University of California, Berkeley “for his analysis of economic governance, especially the boundaries of the firm.”bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-82911332931487738362009-10-12T04:14:22.436-04:002009-10-12T04:14:22.436-04:00@NZSanctuary
Economic/political issues should be a...@NZSanctuary<br /><b><i>Economic/political issues should be at the forefront at the moment, because that's where we will be squeezed hard for the next few years, but the bigger picture also needs to be understood</i></b><br /><br />When I hear this I want to either laugh or tear my hair out. It would take more space than I should take here to address this, so let me say it simply: If you ccpohttps://www.blogger.com/profile/02608765517662755393noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81614279113228663832009-10-12T02:02:48.903-04:002009-10-12T02:02:48.903-04:00"I happen to know the 1 and 2 cent coins were...<i>"I happen to know the 1 and 2 cent coins were discontinued in Holland pretty soon after the Euro was introduced."</i><br /><br />I didn't know they could do that. I would have thought that that's the kind of decision taken in Brussels.<br /><br />I haven't been to Holland since the euro was introduced, and the wife and I have been thinking about taking a trip over. APChttps://www.blogger.com/profile/05502328916914919556noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-83931727183046864832009-10-12T01:07:15.002-04:002009-10-12T01:07:15.002-04:00For something a little more light-hearted...
http...For something a little more light-hearted...<br /><br />http://www.debtdeflation.com/blogs/2009/10/08/the-economy-how-bad-is-it/NZSanctuaryhttps://www.blogger.com/profile/06676287221558805541noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-68085749416181749712009-10-12T00:35:40.097-04:002009-10-12T00:35:40.097-04:00re Indian Summer
Sounds like a great chick flick....re Indian Summer<br /><br />Sounds like a great chick flick. I can't wait to see it.gylangirlhttps://www.blogger.com/profile/15070402756630613211noreply@blogger.com