tag:blogger.com,1999:blog-4921988708619968880.post5896623968974799113..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, December 13 2008: The Great White Suspended NorthIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-4921988708619968880.post-15171490346516886222008-12-15T15:25:00.000-05:002008-12-15T15:25:00.000-05:00What happens when the cops won't get there and the...<I>What happens when the cops won't get there and the street people finally take out their frustrations (as any sane person has to believe they will) against society?</I><BR/><BR/>Society will string them up from the nearest tree. I don't believe the general populace will remain sheep for long if the justice system breaks down that completely.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76287100296618924982008-12-14T12:15:00.000-05:002008-12-14T12:15:00.000-05:00"Stoneleigh and Ilargi, what backgrounds do you bo...<I>"Stoneleigh and Ilargi, what backgrounds do you both have? I assume finance. Just curious."</I><BR/><BR/>No.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90383085753300823072008-12-14T11:31:00.000-05:002008-12-14T11:31:00.000-05:00Stoneleigh and Ilargi, what backgrounds do you bot...Stoneleigh and Ilargi, what backgrounds do you both have? I assume finance. Just curious.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-20299870257855817182008-12-14T10:59:00.000-05:002008-12-14T10:59:00.000-05:00VK,Good to see you here at TAE. I find your perspe...VK,<BR/><BR/>Good to see you here at TAE. I find your perspective very valuable, both here and at TOD. We all need to know far more about how the rest of the world lives. <BR/><BR/>I'm sorry I couldn't finish the conversation we were having at TOD the other day. It was very interesting, but I ran out of time. I work full time and things have been very hectic lately.Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69271167936507783292008-12-14T10:50:00.000-05:002008-12-14T10:50:00.000-05:00DanWPerhaps you would be more comfortable if I sai...DanW<BR/><BR/>Perhaps you would be more comfortable if I said - Our hosts are 'extremely bearish' on the future prospects of humanity?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39611185858686228232008-12-14T07:30:00.000-05:002008-12-14T07:30:00.000-05:00Starcade,Consider, then, what happens when one sid...Starcade,<BR/><BR/><I>Consider, then, what happens when one side or the other in such a situation has absolutely nothing to lose.... Imagine that on a more significant scale.)</I><BR/><BR/>I have been homeless several times beginning in childhood. I have had very dear friends and their loved ones killed on the streets including my 'surrogate' mother, who awoke from sleeping under a bridge to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48825602802875335432008-12-14T07:18:00.000-05:002008-12-14T07:18:00.000-05:00A, re the Krugman comment in Der Spiegel, I will l...A, re the Krugman comment in Der Spiegel, I will listen to Krugman again when he calls for transparency. Or at least gives his reason for not wanting to see the " cooked books".scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39579971749451081702008-12-14T07:10:00.000-05:002008-12-14T07:10:00.000-05:00Starcade, It takes courage to " face " this breakd...Starcade, It takes courage to " face " this breakdown in our system. Judging from your history we have been breaking down as a society for some time. You appear to be a compassionate person as evidenced in the support you give your despairing friend.<BR/>I do think I can imagine most vividly how severe the outcome of a deflation can be but when I look for where to direct my anger the thread of scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88073246137155444562008-12-14T01:56:00.000-05:002008-12-14T01:56:00.000-05:00Krugman's recent comment which is being quoted all...Krugman's recent comment which is being quoted all around the globe:<BR/><BR/><I>Nobel laureate for economics Paul Krugman has slammed the German government’s handing of the economic crisis, saying Chancellor Angela Merkel and Finance Minister Peer Steinbrück have completely failed to understand the situation.<BR/><BR/>“They are still thinking in the category of a world as it looked one or two Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80518770765078818932008-12-14T01:26:00.000-05:002008-12-14T01:26:00.000-05:00Scandia: I lived homeless on the streets of San F...Scandia: I lived homeless on the streets of San Francisco for almost ten years until a friend of mine basically was stabbed in the back by what approximates her "family". Now I room in her apartment to pay half her rent.<BR/><BR/>I will return to those streets when my friend can't take it anymore -- and I see that day to be very soon. She lost her soulmate four months ago, and has nothing Starcadehttps://www.blogger.com/profile/09226367306835781483noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25049116619140007552008-12-13T20:46:00.000-05:002008-12-13T20:46:00.000-05:00cheryl said... There is an interview with Steph...<I> cheryl said...<BR/><BR/><BR/> There is an interview with Stephanie Pomboy in today's Barrons. While many are expecting the long bond to fall, she believes that in the choice between higher interest rates or a lower dollar, the latter will win. She believes the Fed will start buying Treasuries to arrest the rise in interest rates.<BR/></I><BR/><BR/><BR/>I think the fed is already buying Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38915349048006636062008-12-13T19:48:00.000-05:002008-12-13T19:48:00.000-05:00I'm with Edmund.Goritsas, please keep away from th...I'm with Edmund.<BR/><BR/>Goritsas, please keep away from the profanity bottle. Not just you, everyone. It's enough work to do this everyday without having to be a kindergarten nanny at night as well.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25965561519731320712008-12-13T18:39:00.000-05:002008-12-13T18:39:00.000-05:00@ Bluebird:May belief is that envisioning solution...@ Bluebird:<BR/><BR/>May belief is that envisioning solutions in 3 dimensions won't suffice in a 4 dimensional universe. The shear scope and magnitude of changes on the horizon will mean developing whole new ways of thinking, interacting, engaging in commerce, etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-22386073535808460922008-12-13T18:26:00.000-05:002008-12-13T18:26:00.000-05:00Michael said yesterday "I don't see the lights goi...Michael said yesterday "I don't see the lights going out forever, more that the US starts to enjoy the third world experience of unreliable services, and limited access to goods." <BR/><BR/>But with banks and financing collapsing, my concern is how do people pay for these goods and services? Cash for local. But for companies that are miles away, would money orders be purchased at post office?<BR/bluebirdhttps://www.blogger.com/profile/09600634086150466162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91279014567710109772008-12-13T18:09:00.000-05:002008-12-13T18:09:00.000-05:00RE: "doomer" as a constructI understand the title....RE: "doomer" as a construct<BR/><BR/>I understand the title...for Starcade for example...but I disagree with the "doomer"-contrarian argument that decries the apocolyptic view simply because it is too extreme to digest. I know some folks who always see the doom in everyday exiatence...that their world falls apart if they get a parking ticket. But, extrapolating data and making predictions does Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51505961509148593132008-12-13T17:39:00.000-05:002008-12-13T17:39:00.000-05:00for StoneleighPetro-Canada moves closer to a cheap...for Stoneleigh<BR/>Petro-Canada moves closer to a cheaper Fort Hills<BR/>http://www.nationalpost.com/todays_paper/story.html?id=1071239<BR/><BR/>and we've only just begun ;-}Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65140327520219570092008-12-13T17:23:00.000-05:002008-12-13T17:23:00.000-05:00Ilargi --There is an interview with Stephanie Pomb...Ilargi --<BR/><BR/>There is an interview with Stephanie Pomboy in today's Barrons. While many are expecting the long bond to fall, she believes that in the choice between higher interest rates or a lower dollar, the latter will win. She believes the Fed will start buying Treasuries to arrest the rise in interest rates.<BR/><BR/>Would you agree with this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-23942656880297945362008-12-13T17:21:00.000-05:002008-12-13T17:21:00.000-05:00That was a good piece of info concerning the big 3...That was a good piece of info concerning the big 3.<BR/>What ever happens with the big 3 will also happen to the financial solution.<BR/>Think about "just in time" and remember that everyone of those suppliers need grease (credit) to be able to ship their parts to the assembly factory.<BR/>The parts mfg will also be shut down till the end of jan.<BR/>They will also be taking a holiday.<BR/>All itAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51293547900197544872008-12-13T17:11:00.000-05:002008-12-13T17:11:00.000-05:00MK said:I also believe that Austrian economics is ...MK said:<BR/><I>I also believe that Austrian economics is very much in line with the physical world as you can only print as much money as you have physical gold available.</I><BR/><BR/>If that was to be true, the amount of "extracted" gold must at any give time correspond to the total wealth of the world.<BR/><BR/>Even though Austrian Economy's view on debt may make some sense in the current Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11122188026431956992008-12-13T16:58:00.000-05:002008-12-13T16:58:00.000-05:00Wise words MrMoto :-)Wise words MrMoto :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-25707486354293971052008-12-13T16:54:00.000-05:002008-12-13T16:54:00.000-05:00Jon SinglerMellow dude - yea ol' Starcade probably...Jon Singler<BR/><BR/>Mellow dude - yea ol' Starcade probably has a few screws loose but then again it's always possible he's just yanking your chain.<BR/><BR/>Remember - 'on the internet no one knows you're a dog'<BR/><BR/>This is a doomer site and nobody has found a 'religion' like a true doomer. They are always ready for a good ol' beat down. <BR/><BR/>For some entertainment sometime dig up theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-548867296422196272008-12-13T16:36:00.000-05:002008-12-13T16:36:00.000-05:00@Goritsas: Obviously it would also be ludicrously ...@Goritsas: Obviously it would also be ludicrously far-fetched to expect a nuclear war in the United States before Christmas, so what exactly was your point in bringing up nukes?<BR/><BR/>When I said "who can say" about the accuracy of predictions 50 years out, it seemed pretty clear to me that I was talking about, well, the accuracy of predictions 50 years out, not whether or not I would find Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15794004809452161632008-12-13T16:25:00.000-05:002008-12-13T16:25:00.000-05:00ScandiaYesterday, you could not get good quality b...Scandia<BR/><BR/>Yesterday, you could not get good quality boots except from Australia. I have a number of ECCO boots (Danish Company) on sale on eBay. See item 110314550775. If you cannot find your size, ask me through eBay and I will check to see if I have your size. :-)<BR/><BR/>No one seems to have heard of ECCO in North AmericaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-54501441527871396892008-12-13T16:16:00.000-05:002008-12-13T16:16:00.000-05:00Jon Singler said...I suppose theoretically he coul...Jon Singler said...<BR/><BR/><I>I suppose theoretically he could yet be proven right -- as I said, there are still 11 mass-physical-bloodbathing days to go before Christmas -- but it is so far-fetched as to be excluded from reasonable discussion. </I><BR/><BR/>I know exactly where you’re coming from. Never had nukes on this planet. Ain’t got ‘em now. Even if we did, nobody would ever use ‘em, goritsashttps://www.blogger.com/profile/09767556060065779629noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79868822409349476042008-12-13T16:12:00.000-05:002008-12-13T16:12:00.000-05:00I would like to add Ron Paul to the list of those ...I would like to add Ron Paul to the list of those ostracized for their economic views. He stands out like a beacon of light in this economic mess.<BR/><BR/>Also Senator Roscoe Bartlett is one name that comes to mind for his work to educate people on peak oil.Anonymousnoreply@blogger.com