tag:blogger.com,1999:blog-4921988708619968880.post6025872801814231335..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, June 28 2008: Here's why the game is overIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-4921988708619968880.post-17349704450069928672008-06-29T12:26:00.000-04:002008-06-29T12:26:00.000-04:00What I find so irksome about the way our 'leaders'...<I>What I find so irksome about the way our 'leaders' and pundits approach these problems is that they are searching for solutions that would allow us to continue the madness.</I><BR/><BR/>Hey Webjazz, even on TOD that is the main flavour-of-the-day. <BR/>The only solution I see is to make up myths about how the world should be,after collapse, and to hope they will seed a new garden, maybe not Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70884802775894458422008-06-29T03:22:00.000-04:002008-06-29T03:22:00.000-04:00Well, it's made the recommend list over at DailyKo...Well, it's made the recommend list over at DailyKos. I was commenting in general that these issues were more visible, but now it's floated to the top of community awareness.<BR/><BR/><BR/>http://www.dailykos.com/story/2008/6/28/211633/168/607/543506.https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53817000072910707162008-06-29T03:01:00.000-04:002008-06-29T03:01:00.000-04:00What I find so irksome about the way our 'leaders'...What I find so irksome about the way our 'leaders' and pundits approach these problems is that they are searching for solutions that would allow us to continue the madness. If mortgages were just more plentiful again everything would be alright. If we could just drill for more oil here in the U.S. everthing would be fine. If banks could just have more money to lend everything would be good. <Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14420329637798012932008-06-29T02:29:00.000-04:002008-06-29T02:29:00.000-04:00Alberta Bound,Welcome to Texas, circa 1974. The r...Alberta Bound,<BR/><BR/>Welcome to Texas, circa 1974. The rest of the country was going to hell and Houston was high on the hog. In 1986, the price of oil collapsed and so did Houston, but the rest of the country benefitted.<BR/><BR/>Places like Houston and Calgary are vampires. What's good for them is bad for the country, and vice versa.super390https://www.blogger.com/profile/08898551733899860020noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90123556529460916052008-06-29T02:15:00.000-04:002008-06-29T02:15:00.000-04:00AB bound: Here are a few reasons AB is being and ...AB bound: Here are a few reasons AB is being and will be affected:<BR/><BR/>-EROEI declining, esp for nat gas.<BR/>-Water limits, nat gas limits for processing gold into oil (<A HREF="http://globalpublicmedia.com/interviews/823" REL="nofollow">David Hughes</A>).<BR/>-Wage rates not keeping up with house prices.<BR/>-Flipping.<BR/>-Check out mls listing stats and sales volumes. Lots of AB's are Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81886847471415935872008-06-29T01:22:00.000-04:002008-06-29T01:22:00.000-04:00Ilargi,The only hole I see in your logic is your l...Ilargi,<BR/><BR/>The only hole I see in your logic is your longest term predictions. With cataclysms this severe, I don't see the survival of most national governments not to mention long term debt structures. I would imagine in this Mad Max world, much debt repayment will be Steely Dan Pretzel Logic - Luger in hand. Ugly, but probably accurate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-5434432519648934752008-06-28T23:53:00.000-04:002008-06-28T23:53:00.000-04:00I've been reading the Debt Rattle for only two wee...I've been reading the Debt Rattle for only two weeks. I find it very thought provoking and it has given me tremendous insight into understanding how close we are to a global economy under the new world order.<BR/><BR/>Having said that though, I still can't get my head wrapped around how the silo I live in - Alberta, Canada - will be affected by the present events that are shaking the world. So I TBourbonniehttps://www.blogger.com/profile/00109331622866620909noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4345694590868315502008-06-28T23:12:00.000-04:002008-06-28T23:12:00.000-04:00George Ure (urbansurvival.com) keeps hinting somet...George Ure (urbansurvival.com) keeps hinting something on Oct 7th will be a big deal. That is a Tuesday. The crash?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19813363677114387222008-06-28T22:57:00.000-04:002008-06-28T22:57:00.000-04:00Nietzsche of Finance (!),China has a large manufac...Nietzsche of Finance (!),<BR/><BR/>China has a large manufacturing base and even if they are damaged by the financial storm, what is keeping them from becoming an inward looking consumer society? Brazil may become a major oil exporter –for a bit. Russia has resources. I don’t follow that it is assured they will all be totally destroyed. <BR/><BR/>Back to the biggest debtor country ever, U.S. Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-62321824698718927952008-06-28T22:50:00.000-04:002008-06-28T22:50:00.000-04:00I think you meant to say "people buying real estat...I think you meant to say "people buying real estate on credit."<BR/><BR/> I have a female friend who is about to get a sizable chunk of cash post divorce. She is looking over my shoulder at this stuff, trying to figure out what to do, and we've been discussing her buying a triplex or quadplex, insulating, passive solar thermal, outdoor pellet boiler, picking one on a mass transit line, and then .https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-72827773242098726312008-06-28T22:07:00.000-04:002008-06-28T22:07:00.000-04:00"balls that clank"... I thank Ric for that and agr..."balls that clank"... I thank Ric for that and agree whole-heartedly! The article entitled "High road, hard road, [ ] low road" reminded me an old USAF friend use to say about his jumpers, "we have the HALO's [the high altitude low opening jumps], HAHO's [the high altitude high opening jumps], and the HANO's [high altitude no opening jumps]"<BR/><BR/>After reading the comment section yesterday I Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-84525330621211724142008-06-28T21:02:00.000-04:002008-06-28T21:02:00.000-04:00Ilargi,Regarding feedback on your writing--you wri...Ilargi,<BR/>Regarding feedback on your writing--you write with the ferocity of a revolutionary. You're not an equivocator and you don't write with one eye on your career or resume--all of which is refreshing. (There's so much equivocation at TOD I find it almost unreadable. Massive numbers of people are going to die prematurely in our lifetime, probably including myself and family, so I find Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-4695507226323106262008-06-28T19:32:00.000-04:002008-06-28T19:32:00.000-04:00Ilargi,When it comes to "they" I can't say you're ...Ilargi,<BR/><BR/>When it comes to "they" I can't say you're wrong, but the Time line of "when" is the hardest part. <BR/><BR/>I recall Don Sailorman, claiming in one of his postings on the Fed, (before he quit posting for some reason), he said something like this to the readers of TOD.<BR/><BR/>the fed has many tools, don't think that they can't hold this off for quite some time.<BR/><BR/>So farbicycle mechanichttps://www.blogger.com/profile/17008971495294158347noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-8108128296702660362008-06-28T19:17:00.000-04:002008-06-28T19:17:00.000-04:00BRAVO,ILARGI! Logical, " straight up" comment to-d...BRAVO,ILARGI! Logical, " straight up" comment to-day, illuminating the meaning of " Debt Rattle ". <BR/>Thank-you for the straight talk!scandiahttps://www.blogger.com/profile/07924260428840006237noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-73017455318781803122008-06-28T19:11:00.000-04:002008-06-28T19:11:00.000-04:00Couldn't help myself, ilargi!With the lights going...Couldn't help myself, ilargi!<BR/>With the lights going out all over, "dark sarcasm" is all that's possible. Enjoyed it!<BR/>Feel your pain!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77291274767811126222008-06-28T17:00:00.000-04:002008-06-28T17:00:00.000-04:00God help us all.Or, more politically and religious...<I>God help us all.</I><BR/><BR/>Or, more politically and religiously correct, as I phrased it this morning, a lord of your choice. <BR/><BR/>About this morning: if anyone can punch a whole in my intro, "Here's why the game is over", please oblige me. I live with this on a daily basis, yet, when I write something like that, it all intensifies and links things to one another, not necessarily a Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47151988703661200662008-06-28T16:47:00.000-04:002008-06-28T16:47:00.000-04:00The chatter over at DailyKos has gone to talk of t...The chatter over at DailyKos has gone to talk of the Greater Depression. People are starting to get it. God help us all..https://www.blogger.com/profile/03915219261001181341noreply@blogger.com