tag:blogger.com,1999:blog-4921988708619968880.post6076163492371432949..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: September 27 2009: Carry me a little fartherIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger115125tag:blogger.com,1999:blog-4921988708619968880.post-11349133219490192009-09-28T22:46:41.288-04:002009-09-28T22:46:41.288-04:00RE: gold.
Silver.RE: gold.<br /><br />Silver.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85635956110960016472009-09-28T22:24:23.873-04:002009-09-28T22:24:23.873-04:00A small tidbit of news to confirm what Stoneleigh ...A small tidbit of news to confirm what Stoneleigh said about government behavior in the coming panic.<br /><br />I talked to a friend from Maine the other day. Seems the State legislature is freaking out because revenues are dropping like a stone.<br /><br />There is now a proposed tax bill, (to take effect Jan 1, 2010) which among many things would place a first time ever sales tax on various &#Top Hat Cathttps://www.blogger.com/profile/18062738110354384414noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-66457528119046006402009-09-28T22:14:13.533-04:002009-09-28T22:14:13.533-04:00i am not impressed with dmitri orlov's [and bt...<i>i am not impressed with dmitri orlov's [and btw matt savinar's] neanderthal attitudes and one-dimensional generalizions about my gender</i><br /><br />Well at least the alpha male prophet of doom gave lots of warning. BTW, their one-dimensional generalizations are not limited to your gender.Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-91017706276172743632009-09-28T22:02:20.468-04:002009-09-28T22:02:20.468-04:00David, you embolden Stoneleigh's:
This is why...David, you embolden Stoneleigh's:<br /><br /><i><b>This is why the price of gold will fall, not because it would not hold its value over the long term (it will), but because people need to raise cash in the short term and are backed into a corner.</b></i><br /><br />Then write:<br /><i>This may or may not come true -- gold has held its value through good times and bad throughout many severe Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69206461727525806012009-09-28T21:13:04.374-04:002009-09-28T21:13:04.374-04:00Farmerod (from a few days ago),
I wonder if you c...Farmerod (from a few days ago),<br /><br /><i>I wonder if you could repeat your thoughts on the oft-heard hypothesis that the Fed/Treasury, through Goldman and others, is propping up the equity market. Similar to the belief that the Fed can monetize financial ruin away, the idea that it could -- or even would if it could -- prop up markets, does not make sense to me. Like you said about printing,Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14238992447822295362009-09-28T19:43:25.930-04:002009-09-28T19:43:25.930-04:00Stoneleigh said
Most people will not be investor...Stoneleigh said <br /><br /><i>Most people will not be investors. They will be lucky to be able to afford to eat and heat their homes.</i><br /><br />When do you expect this to happen to "most people"?<br /><br />I am interested for entertainment purposes only :)Craig Morrishttps://www.blogger.com/profile/17895653046447172310noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63613120163337409102009-09-28T19:28:34.401-04:002009-09-28T19:28:34.401-04:00Stoneleigh said:
The price of even the best quali...Stoneleigh said:<br /><br /><i>The price of even the best quality assets will fall as many people try to sell at once when there are few buyers willing to part with any cash at all for any reason. <b>This is why the price of gold will fall, not because it would not hold its value over the long term (it will), but because people need to raise cash in the short term and are backed into a corner.</bVentriloquisthttps://www.blogger.com/profile/17710882943614273994noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29627282333856343862009-09-28T19:27:48.684-04:002009-09-28T19:27:48.684-04:00More photos of hand-operated farming equipment, th...More photos of <a href="http://www.flickr.com/photos/29245046@N03/3223206111/in/set-72157612912322933/" rel="nofollow">hand-operated farming equipment</a>, this time from China.Rototillermanhttps://www.blogger.com/profile/07692476944185608654noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-63142567491825603652009-09-28T18:50:04.972-04:002009-09-28T18:50:04.972-04:00There's a brand spanking new book out that we ...There's a brand spanking new book out that we all might find an interesting read:<br /><br /><b>This Time is Different: Eight Centuries of Financial Folly</b><br /><br />by <br /><br />Carmen M. Reinhart and Kenneth Rogoff<br /><br />Here's the description from Amazon:<br /><br /><i>Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering-Ventriloquisthttps://www.blogger.com/profile/17710882943614273994noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48444502155307197852009-09-28T18:34:56.349-04:002009-09-28T18:34:56.349-04:00“The complexity of modern derivatives has little t...“The complexity of modern derivatives has little to do with risk transfer and everything to do with profits. As new products are immediately copied by competitors, traders must “innovate” to maintain revenue by increasing volumes or creating new structures. Complexity delays competition, prevents clients from unbundling products and generally reduces transparency. Frequently, the models used to Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-55705906653053684192009-09-28T18:33:55.114-04:002009-09-28T18:33:55.114-04:00Gylangirl @ 5:39
Well said!
I was quite happy fo...Gylangirl @ 5:39<br /><br />Well said!<br /><br />I was quite happy for five years when we had no water heater and I washed clothes by hand (for a family of four) in a bucket. <br /><br />@ VK<br /><br />Yes, going brown is better than going green! :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12119340859499706982009-09-28T18:16:54.360-04:002009-09-28T18:16:54.360-04:00Ruben,
I ordered many hand tools from Peaceful Va...Ruben,<br /><br />I ordered many hand tools from Peaceful Valley a year ago, including a wonderful scythe.<br /><br /><a href="http://www.groworganic.com/cgy_389.html" rel="nofollow">http://www.groworganic.com/cgy_389.html</a><br /><br />Good luck!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75568369267281988072009-09-28T18:05:53.631-04:002009-09-28T18:05:53.631-04:00Aloha Stoneleigh -
Thanks for sharing your respon...Aloha Stoneleigh -<br /><br />Thanks for sharing your responses to Tech Guyʻs points.<br /><br />I have a question regarding how you estimate or calculate a numerical value for inflation as a monetary phenomenom (or if it is even possible) sparked by your statement:<br /><br /><i>An accurate view of real rates would depend on adjustment for inflation/deflation as monetary phenomena, NOT for priceric2https://www.blogger.com/profile/16024736044583806876noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1521019610089621192009-09-28T18:00:36.894-04:002009-09-28T18:00:36.894-04:00Cassandra
I like the term "preprequisite&quo...Cassandra<br /><br />I like the term "preprequisite". It lends an great extra sense of urgency.<br /><br />And I think my "receding horizons" will be referred to a lot in the coming months and years, and be much better understood. Do mind the spelling though.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6072287265317841522009-09-28T17:51:22.649-04:002009-09-28T17:51:22.649-04:00The company my wife worked for was in acquisition ...The company my wife worked for was in acquisition mode two years ago - but found no suitable competitors or vendors to acquire.<br /><br />Last year they were in survival mode.<br /><br />This year they are break even, but the owner is musing that there is no reason to work so hard to break even, when he could sell (even at a loss) and retire well.<br /><br />Such will be the nature of the slide Zaphodhttps://www.blogger.com/profile/17780961198148237878noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39508564359782855412009-09-28T17:50:59.697-04:002009-09-28T17:50:59.697-04:00re Stoneleigh's comments to Tech Guy. I sense...re Stoneleigh's comments to Tech Guy. I sense a 'toughening' of your stance. Eek.<br /><br />This sense of urgency has given us a much needed 'kick up the arse' re future plans.<br /><br />A currency is only is strong as the complicity and ability of its bonded labourers to repay their debts.<br /><br />Removing preprequisite imported resources is going to prevent them doingCassandrahttps://www.blogger.com/profile/14835542057255199647noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-80726686001155037672009-09-28T17:39:35.787-04:002009-09-28T17:39:35.787-04:00@vk:
i am not impressed with dmitri orlov's [...@vk:<br /><br />i am not impressed with dmitri orlov's [and btw matt savinar's] neanderthal attitudes and one-dimensional generalizions about my gender.<br /><br />only a certain type of immature male attracts the kind of 'girl' he describes.gylangirlhttps://www.blogger.com/profile/15070402756630613211noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67787042999759902562009-09-28T17:13:57.144-04:002009-09-28T17:13:57.144-04:00snuffy, re. seed bank.
I'm doing just that in...snuffy, re. seed bank.<br /><br />I'm doing just that in <a href="http://mybostonmountaingarden.blogspot.com/" rel="nofollow">My Boston Mountains Garden.</a>.<br /><br />I am limiting my seeds to those that grow well in my garden without commercial fertilizers, pesticides, fungicides, etc. When things go strictly local I plan to freely give them away.woodsy_gardenerhttps://www.blogger.com/profile/16332892201134992904noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-92094011384449356022009-09-28T17:08:43.234-04:002009-09-28T17:08:43.234-04:00@ Stoneleigh and Techguy
They have no idea the sc...@ Stoneleigh and Techguy<br /><br /><i>They have no idea the scale of demand destruction that will hit them in this phase of the decline. JIT will be fatally disrupted and many, if not most, retailers will go out of business </i><br /><br />Lee Valley Tools just mailed me the new Hardware catalog. The letter from the president says many of their long-time suppliers have gone out of business. <br Rubenhttps://www.blogger.com/profile/02014088125645527610noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36105478869865138402009-09-28T16:58:17.664-04:002009-09-28T16:58:17.664-04:00Now that was an interesting excursion.
Having a m...Now that was an interesting excursion.<br /><br />Having a momentary brain fog, I googled GSHP to remind me of what the heck it was- and mistyped it as GHSP.<br /><br />http://twitter.com/ghsp<br /><br />which leads, of course, to: <br /><br /> www.GodHatesShirleyPhelps.comGreenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89459369440638388432009-09-28T16:55:48.679-04:002009-09-28T16:55:48.679-04:00I'm reminded of the following
quote which is q...I'm reminded of the following<br />quote which is quite heartwarming<br />and reveals genuine compassion,<br />but is perhaps not acutely believable in the current context.<br /><br />"Capital must protect itself in every possible manner by combination and legislation. <br />Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. <br />When, through a Gravityhttps://www.blogger.com/profile/09126443076478406015noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-57038837408646677882009-09-28T16:51:03.955-04:002009-09-28T16:51:03.955-04:00Tech Guy (continued),
US Manufacturers and retail...Tech Guy (continued),<br /><br /><i>US Manufacturers and retails are running lean by not substantially increasing inventory. Companies will buy based upon demand (ie Just In Time Inventory Management) which does not lead to price deflation. The only excess inventory hitting the market are going out of business sales where the company is forced to liquidate every quickly because of eviction. Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7964852540024954862009-09-28T16:50:15.418-04:002009-09-28T16:50:15.418-04:00Tech Guy,
Unfortunate the value of the dollar com...Tech Guy,<br /><br /><i>Unfortunate the value of the dollar compared to oversea currencies is very important because the US imports 75% of it oil and virtually every good sold in the US contains at least some component that is produced overseas. A falling dollar will affect prices of consumer goods. Consider the high price of Oil, especally when compared to the price of natural gas which is Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-53567488514133333692009-09-28T16:49:27.369-04:002009-09-28T16:49:27.369-04:00Rototillerman said...
"The Oregon quarantine ...Rototillerman said...<br />"The Oregon quarantine on hazelnuts is still enforced. Scroll down to see the hazelnut regulations."<br /><br />Wowee. Many thanks for the link; don't know why, but I've never found that info online before.<br /><br />Looks to me like somebody in Oregon may have recently gotten a good deal tougher than before- I'd be interested to know if that Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-45184445939727787462009-09-28T16:45:06.596-04:002009-09-28T16:45:06.596-04:00Ruben,
Sorry to be so late in responding to your ...Ruben,<br /><br />Sorry to be so late in responding to your request for more information on small scale farming implements. I had lost a link that I wanted to pass along to you, and it took a bit of searching to recover it.<br /><br />The Development Bookshop (in England) has a <a href="http://developmentbookshop.com/product_info.php?products_id=169" rel="nofollow">pamphlet of small-scale cerealRototillermanhttps://www.blogger.com/profile/07692476944185608654noreply@blogger.com