tag:blogger.com,1999:blog-4921988708619968880.post3880123777701912904..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, September 22 2008: The PlanIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-4921988708619968880.post-89052622125656361902008-10-17T05:22:00.000-04:002008-10-17T05:22:00.000-04:00Debt restructuring plan will create plenty of near...Debt restructuring plan will create plenty of near-term volatility in the telecoms sector regardless of its outcome, according to sellside credit analysts.<BR/>------------<BR/>Tanyaa<BR/><A HREF="http://www.drivenwide.com" REL="nofollow">Internet Marketing</A>tanyaahttps://www.blogger.com/profile/13261144506930585292noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4193199383189829222008-10-07T16:02:00.000-04:002008-10-07T16:02:00.000-04:00The 1920’s were a time of peace and great prosperi...The 1920’s were a time of peace and great prosperity. After World War I, the “Roaring Twenties” was fueled by increased industrialization and new technologies, such as the radio and the automobile. Air flight was also becoming widespread, as well. The economy benefited greatly from the new life changing technologies.Stock Market Crash of 1929 ChartAs the Dow Jones Industrial Average soared, many dashttps://www.blogger.com/profile/16542167142165723166noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14187946335944358732008-09-24T09:09:00.000-04:002008-09-24T09:09:00.000-04:00Kudos on your improved physical fitness. I don't ...Kudos on your improved physical fitness. I don't know whether your fitness program includes time for flexibility training, but I encourage everyone to stretch as well as performing rigorous exercise. I'm fairly fit but last year I had started to develop pain in my hips whenever I sat. Three weeks of daily yoga resolved the discomfort and now even though I don't practice daily the pain has not EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58507489514103605922008-09-23T14:20:00.000-04:002008-09-23T14:20:00.000-04:00One thing that people can do healthwise is to get ...One thing that people can do healthwise is to get in as good a shape as possible now. To that end I started a fitness program called P90X in January. An hour of extreme fitness training a day flattened me at first. I was often unbelievably stiff and sore, but nine months later I'm still at it and am now in the best shape I've ever been in my life. I can do things I would never have thought Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19868571677451453902008-09-23T14:07:00.000-04:002008-09-23T14:07:00.000-04:00I wonder though whether I'll just "know what is ha...<I>I wonder though whether I'll just "know what is happening" with some of my loved ones, but be unable to halt their deterioration. </I><BR/><BR/>Ebrown,<BR/>This seems to me the task many of us will have in a depletion economy. I cared for both my brother and father as they went through <I>horrible</I> pain with cancer. I could make them as comfortable as possible with the care (and drugs Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69040891072923296902008-09-23T14:02:00.000-04:002008-09-23T14:02:00.000-04:00ebrown: "I hope (but do not expect) that some of t...ebrown: "I hope (but do not expect) that some of that money can be redirected to clinics that improve quality of life for many, many people (like those with asthma and diabetes)."<BR/><BR/>Pure water, clean air and unadulterated food would go along way too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75153000825131865982008-09-23T13:47:00.000-04:002008-09-23T13:47:00.000-04:00Stoneleigh, Healthcare is both my profession and ...Stoneleigh,<BR/> Healthcare is both my profession and it is personal as well since I have family members with various illnesses (type one diabetes and asthma). I worry about the cost of their maintenance regimes. Sure I could deliver them easily enough, but I can't manufacture insulin or albuterol. I am glad I have some skill in caring for hurting people, although I wonder how much good it EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11765919052097189722008-09-23T13:37:00.000-04:002008-09-23T13:37:00.000-04:00Paulson as Nigerian email scammerhttp://tinyurl.co...Paulson as Nigerian email scammer<BR/><BR/>http://tinyurl.com/3uaeksUnknownhttps://www.blogger.com/profile/16632600430004147895noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53046333346598469822008-09-23T12:33:00.000-04:002008-09-23T12:33:00.000-04:00That's right - to bail out the fat cats on Wall St...That's right - to bail out the fat cats on Wall Street your taxes will almost certainly double within a year or two.<BR/><BR/>Are you still gonna let 'em pass this bill? Remember, Henry Paulson got $500 million personally out of this and Goldman Sachs paid out close to $50 billion in bonuses over the last two years alone.<BR/>--DennigerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15797815951324053772008-09-23T12:27:00.000-04:002008-09-23T12:27:00.000-04:00I think CR has the right idea, Ilargi. Why waste y...I think CR has the right idea, Ilargi. Why waste your effort continuing to respond to the deflation question? Find a thread where you think you made your best summation and provide a link to it whenever anyone asks. Easy peasy, as they say.Unknownhttps://www.blogger.com/profile/15614205920972531674noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2569638744792650462008-09-23T10:53:00.000-04:002008-09-23T10:53:00.000-04:00ilargi said:but we've gone through this for what a...ilargi said:<I>but we've gone through this for what at least feels line once a week or more, as long as we've been around.</I><BR/><BR/>Well I guess you can blame that on yourself for attracting so many new readers. That was a good explanation of how deflation work so why not just repost that piece ' once a week or more'? <BR/><BR/>Your piece also suggests to me that while we are beginning a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59280359984334493802008-09-23T10:49:00.000-04:002008-09-23T10:49:00.000-04:00EBrown,I agree with you - healthcare will almost c...EBrown,<BR/><BR/>I agree with you - healthcare will almost certainly become pay-as-you-go, as it is in most of the world. For the vast majority, access to anything remotely resembling the modern healthcare they're used to will be a thing of the past. They'll be lucky to get antibiotics or painkillers, while cancer treatment, dialysis, daily insulin injections, asthma puffers, MRIs etc etc will beStoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-33139800367026738862008-09-23T10:29:00.000-04:002008-09-23T10:29:00.000-04:00Doug Noland hits the nail on the head with the con...Doug Noland hits the nail on the head with the concept of the 'moneyness' of credit. Credit only has 'moneyness' during the expansion phase, during which credit can become the vast majority (perhaps 99%) of the effective money supply. Once expansion morphs into contraction, however, credit loses 'moneyness' remarkably quickly, causing the effective money supply to collapse. This is why deflation Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65719255336562089472008-09-23T10:22:00.000-04:002008-09-23T10:22:00.000-04:00Food for thought. How many of the people on this ...Food for thought. How many of the people on this blog talked with friends and family about the approaching disaster prior to the last two weeks of market upheaval? I certainly did, and now some of those I spoke with have called me. It boggles the mind how influential the television, radio, and print media are in shaping peoples' opinions of the goings on of the world. It is Stoneleigh's EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50562676680422689792008-09-23T08:15:00.000-04:002008-09-23T08:15:00.000-04:00Definitely worth the read… Noland writes: “With th...Definitely worth the read… Noland writes: “With the monetary system breaking down, the federal government saw no alternative than to fill the void left by the impaired risk intermediators. Or, from a more theoretical perspective, our government would have to guarantee the “Moneyness of Credit” – assume the spiraling losses between the Trillions of risky system loans and the Trillions issued of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59761348604439459072008-09-23T03:12:00.000-04:002008-09-23T03:12:00.000-04:00Doug Noland added some comments to his posting thi...Doug Noland added some comments to his posting this week, well worth <A HREF="http://prudentbear.com/index.php/commentary/creditbubblebulletin?art_id=10119" REL="nofollow">a read</A><BR/><BR/><I>Today’s efforts to sustain the Bubble Economy create an untenable situation. Washington is now in the process of spending Trillions to bolster a failed financial structure, while focusing support on Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21172054169268782392008-09-23T01:38:00.000-04:002008-09-23T01:38:00.000-04:00I'm not nearly old enough to have known that Harpe...<I>I'm not nearly old enough to have known that Harper's Bazaar was a porn mag back in 1947</I><BR/><BR/>After losing sleep over the weekend and stressing most of today about the state of things Ilargi's response to the porn sheriff was so funny that I laughed til I cried. Thanks for the comic relief.<BR/><BR/>Also, thanks to Stoneleigh for comments on the Austrian School. I always found AustrianAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-27680828066451829562008-09-23T00:33:00.000-04:002008-09-23T00:33:00.000-04:00Some one on a Nova M radio show I was listening to...Some one on a Nova M radio show I was listening to had a suggestion that I think might gain traction if is is spread around.It was on Mike Malloy show.He tends to be a bit of a firebrand.The suggestion was that every 100 years or so its necessary to bring back the guillotine,[just for a few weeks]To ensure the wealthy in this country understand what happens when they get too greedy....<BR/><BR/><Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41600520095724209512008-09-22T22:26:00.000-04:002008-09-22T22:26:00.000-04:00You'd almost start to wonder how Americans manage ...<I>You'd almost start to wonder how Americans manage to procreate.</I><BR/><BR/><BR/>Irrational exuberance.Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76010950200795143362008-09-22T22:06:00.000-04:002008-09-22T22:06:00.000-04:00I thought the floating chick was Ophelia.I never d...I thought the floating chick was Ophelia.<BR/><BR/>I never doubted you were high class.<BR/><BR/>Hamlet (Hank):<BR/>I did love you once.<BR/><BR/>Ophelia (Bank):<BR/>Indeed, my lord, you made me believe so.<BR/><BR/>Hamlet (Hank):<BR/>You should not have believ'd me, for virtue cannot so<BR/>inoculate our old stock but we shall relish of it. I lov'd you not.<BR/><BR/>Ophelia (Bank):<BR/>I was theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66112033470055393472008-09-22T21:28:00.000-04:002008-09-22T21:28:00.000-04:00"I see your (sic) turning to those pornography gir...<I>"I see your (sic) turning to those pornography girlie pics to get everybody's attention<BR/><BR/>What did I miss? All I saw was the world economy, just barely afloat. Possibly dead already."</I><BR/><BR/>Not bad. All I could think of is that, unlike the commenter, I'm not nearly old enough to have known that Harper's Bazaar was a porn mag back in 1947. <BR/><BR/>You'd almost start to wonder Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32976325714297452412008-09-22T21:15:00.000-04:002008-09-22T21:15:00.000-04:00"All this spending will expanding the money supply...<I>"All this spending will expanding the money supply and result in high inflation."</I><BR/><BR/>And all your money are belong to us.<BR/><BR/>Look, I don't want to be harsh or nasty or anything, and I do understand that what we do here is try to explain matters. but we've gone through this for what at least feels line once a week or more, as long as we've been around.<BR/><BR/>You add up all Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19217104579445832972008-09-22T20:56:00.000-04:002008-09-22T20:56:00.000-04:00I see your (sic) turning to those pornography girl...<I>I see your</I> (sic) <I>turning to those pornography girlie pics to get everybody's attention</I><BR/><BR/>What did I miss? All I saw was the world economy, just barely afloat. Possibly dead already.<BR/><BR/>Good stuff, Ilargi.Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80623807842892799682008-09-22T20:19:00.000-04:002008-09-22T20:19:00.000-04:00The dollar and US bonds will collapse on the world...The dollar and US bonds will collapse on the world stages before they 'hyperinflate' with a printing press.<BR/><BR/>The whole world is watching.<BR/><BR/>They are not as stupid as most DuhMericans.<BR/><BR/>They will stop investing in Anything US.<BR/><BR/>The deflation will be murder.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50534092379377008402008-09-22T19:07:00.000-04:002008-09-22T19:07:00.000-04:00Ilargi said...(September 19, 2008 9:31 PM)>That...Ilargi said...(September 19, 2008 9:31 PM<BR/>)<BR/>>That’s right Hyper-inflation is coming home to the grand old United States. Home of the brave, land of the debtors. <<BR/><BR/>"Please someone explain how hyperinflation is going to take place."<BR/><BR/>The US gov't will use any means to prevent deflation. The Fed can print as much money as it wishes. All it needs to do is Anonymousnoreply@blogger.com