tag:blogger.com,1999:blog-4921988708619968880.post8582456794167582087..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: March 23 2010: The euro: beggar-thy-currencyIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger98125tag:blogger.com,1999:blog-4921988708619968880.post-29892177669011130262010-03-25T18:28:29.619-04:002010-03-25T18:28:29.619-04:00Polka Dot Gallows!
http://tinyurl.com/y9yc4dj
&q...Polka Dot Gallows!<br /><br />http://tinyurl.com/y9yc4dj<br /><br />"NEW YORK (CNNMoney.com) -- Budget and tax experts are a despondent bunch these days. In fact, some have even described themselves to CNNMoney as "depressed."<br /><br />Unless Eli Lilly manages to gin up a little fiscal Prozac, the only thing that will make them feel better is forward motion by Congress on the U.SGreenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-46463965495823169742010-03-25T18:09:29.037-04:002010-03-25T18:09:29.037-04:00VK- "DOW 11,000 soon it seems. In defiance of...VK- "DOW 11,000 soon it seems. In defiance of all logic, reason, prudence and justice."<br /><br />Not in defiance of MY logic! I predicted it in January, I think.<br /><br />Specific prediction, here on TAE, for the prediction freaks, was that the Vermin of Wall Street had now found the idiocy out there so durable that instead of bailing out at +10,000, they were now shooting for Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39064596650491943202010-03-25T14:44:23.255-04:002010-03-25T14:44:23.255-04:00New post up
That's entertainment
.New post up<br /><br /><br /><a href="http://theautomaticearth.blogspot.com/2010/03/march-25-2010-thats-entertainment.html" rel="nofollow"><b>That's entertainment</b></a><br /><br /><br />.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-1351995245386703272010-03-25T14:23:31.327-04:002010-03-25T14:23:31.327-04:00VK - "Sailing forth into the abyss cap'n!...VK - "Sailing forth into the abyss cap'n! Aye Aye! Shiver me timbers! Moby Dick!"<br /><br />;-) ROFL<br /><br />Yeah, and we're all in danger of being keelhauled before it's over!Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41791620393870440322010-03-25T14:19:38.717-04:002010-03-25T14:19:38.717-04:00Tero - The Feasta paper is very interesting. Saved...Tero - The Feasta paper is very interesting. Saved it and read some and will more. Thanks. I feel it is more 21st century oriented, while Tainter's message was more broadly historical.<br /><br />Rumor - "Bank of Canada Governor Mark Carney's speech today in Ottawa, wherein among other things he plays the "It's All China's Fault" card "<br />Interesting indeed.Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19015372996792901612010-03-25T13:46:07.426-04:002010-03-25T13:46:07.426-04:00@ Stoneleigh,
How often does this sort of thing ...@ Stoneleigh, <br /><br />How often does this sort of thing happen without ever being reported to the public?<br /><br />from AP:<br />Radioactive Leak Is Fixed at Vermont Plant<br /><br />Technicians have found and fixed two holes in an underground pipe that were allowing radioactive tritium to flow into the groundwater at the Vermont Yankee nuclear reactor, the plant’s owner, Entergy, said on Alfredhttps://www.blogger.com/profile/01344820424381752942noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-48604898711300588902010-03-25T13:41:35.001-04:002010-03-25T13:41:35.001-04:00@ Ed Gorey
Look outside the doom and gloom box fo...@ Ed Gorey<br /><br />Look outside the doom and gloom box for other thoughts and opinions with regard to timing the collapse. My husband and I did that 6 months ago and it worked wonders for us. I don't think you'll need to wait much longer before things start to go sour. The markets are climbing a parabolic curve and that's not a good sign. As I mentioned the other day, Obama'Alfredhttps://www.blogger.com/profile/01344820424381752942noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41453136407142155982010-03-25T13:20:10.516-04:002010-03-25T13:20:10.516-04:00@ VK
Handsome and extremely bright Grandson, what...@ VK<br /><br />Handsome and extremely bright Grandson, what must I do to convince you to stop fretting over the DOW. At no time has it ever bore any particularly close relationship to the real world. As our mutual friend, Panama Red, has been saying recently, it almost certainly no longer has any relationship at all.<br /><br />Two dozen circus clowns emerging from a Volkswagen Beetle tells us Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-29552526902622348992010-03-25T13:09:54.955-04:002010-03-25T13:09:54.955-04:00@ Ed Gorey
Ed, I have two names for you to rememb...@ Ed Gorey<br /><br />Ed, I have two names for you to remember. Yogi Berra was absolutely right about predicting the future. Carrie Fisher has observed that our society has warped the action-reward expectation meme to the point where, "instant gratification takes too long".<br /><br />Yogi also observed that "if people don't want to come out to the ballpark, you can't stop Phlogiston Água de Beberhttps://www.blogger.com/profile/16269917130349144430noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81767414559438333982010-03-25T13:06:17.680-04:002010-03-25T13:06:17.680-04:00arrgh!,
If the policemen, code inspectors or civi...arrgh!,<br /><br />If the policemen, code inspectors or civil engineers were doing their jobs properly, then the pirates wouldn't have many opportunities, would they? I don't think it would bother Hendry much if that were the case and he couldn't do what he does. I suspect it would please him, actually. But things are what they are and so he does what he does. His position and role Rumorhttps://www.blogger.com/profile/08948216807360763565noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87911954503707556142010-03-25T12:34:25.403-04:002010-03-25T12:34:25.403-04:00If I knew that Stoneleigh was getting up from her ...If I knew that Stoneleigh was getting up from her sickbed, I would have kept my typing fingers to myself :-)el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21438872181060731082010-03-25T12:34:01.420-04:002010-03-25T12:34:01.420-04:00@ Scandia
Who knows, maybe I'm an outlier. Mo...@ Scandia<br /><br />Who knows, maybe I'm an outlier. Most in my generation wouldn't know fraud if it smacked them in the face. There is really no outrage that I see at the cesspool of lies, deception, trickery and deceit.<br /><br />Oh well, just drink and make merry I suppose? Buy a nice house, marry a nice girl, buy a nice car and paarteeey! No sense or sensibility, no rhyme nor reasonVKhttps://www.blogger.com/profile/06843562351166927162noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-86251806618403849932010-03-25T12:22:36.804-04:002010-03-25T12:22:36.804-04:00Ilargi, shhh, straw men are always the sensible ch...Ilargi, shhh, straw men are always the sensible choice.Rumorhttps://www.blogger.com/profile/08948216807360763565noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-70675012140690988712010-03-25T12:21:38.750-04:002010-03-25T12:21:38.750-04:00Wolf and Ed Gorey
The timing of the crash is quit...Wolf and Ed Gorey<br /><br />The timing of the crash is quite impossible to foresee with an accuracy of greater than many months. Perhaps, if we feel we must know, we should go with Arch Crawford who looks to the planets and has quite a good track record. One of our media dart throwers will become quite the celebrity after the fact.<br /><br />As to losing credibility, my advise to both myself el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38259633295137286322010-03-25T12:12:06.972-04:002010-03-25T12:12:06.972-04:00"#1 thing you can do to build a community = M...<i>"#1 thing you can do to build a community = Make credible and verifiable claims about the near term future (6months - 1 year from now).<br /><br />Community is impossible to build unless you have credibility with your peers in terms of your assessments about when TSHTF. All the dire warnings over the last year here at TAE have served one and only one purpose for me and I suspect for Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-23463501267324048412010-03-25T12:10:37.585-04:002010-03-25T12:10:37.585-04:00Tipping Point, by FEASTA, was an interesting docum...Tipping Point, by FEASTA, was an interesting document, Tero. But it seemed very peak oil centric when the problems are much broader and peak oil is just a part of what is happening. <br /><br />Rome didn't collapse because of Peak Oil. Tainter's thesis is consistent as a general way of describing most collapsing civilizations. FEASTA's paper is more pointed and aimed at our own Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-76769494846647026242010-03-25T12:08:21.637-04:002010-03-25T12:08:21.637-04:00Wolf,
Just watch the herding model in action over...Wolf,<br /><br />Just watch the herding model in action over the next while. The optimism and belief in recovery rapidly becoming received wisdom. The more people jump on the bandwagon, the closer we are to a trend change. Just watch the mood change as well when the markets do. Mood can turn on a dime.Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89209358592309187052010-03-25T12:04:47.815-04:002010-03-25T12:04:47.815-04:00On Hendry rumor sez
"if he buys fire insuran...On Hendry rumor sez<br /><br />"<i>if he buys fire insurance on your house, it behooves you to make your house relatively fire-proof. </i><br /><br />Yes and what policeman is out there, other than these vigilante/pirates, to take down the villains who promote these fire trap tenements to the public?scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88890817217405829352010-03-25T12:04:47.817-04:002010-03-25T12:04:47.817-04:00On Hendry rumor sez
"if he buys fire insuran...On Hendry rumor sez<br /><br />"<i>if he buys fire insurance on your house, it behooves you to make your house relatively fire-proof. </i><br /><br />Yes and what policeman is out there, other than these vigilante/pirates, to take down the villains who promote these fire trap tenements to the public?scrofuloushttps://www.blogger.com/profile/01085471693372823086noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26212991422162415872010-03-25T12:04:47.816-04:002010-03-25T12:04:47.816-04:00Stoneleigh; was it you who predicted this some mon...Stoneleigh; was it you who predicted this some months ago?<br /><br />http://www.reuters.com/article/idUSTRE62O08U20100325<br /><br />marijuana as a tax revenue source-Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-18633719170906151592010-03-25T12:01:14.465-04:002010-03-25T12:01:14.465-04:00I wanted to clarify one point that came up during ...I wanted to clarify one point that came up during the last few days, when I was away from my computer due to illness. I am NOT calling for hyperinflation in 2-5 years.<br /><br />Questions came up at my Guelph talk about how long I thought it would take for deflation to unfold and how long one should stay in cash. The answer to those questions is 2-5 years. Depression will outlast deflation, as Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40517104311273311882010-03-25T11:46:36.613-04:002010-03-25T11:46:36.613-04:00Ed Gorey,
It's true that the rally has lasted...Ed Gorey,<br /><br />It's true that the rally has lasted longer than I would have thought. That doesn't diminish the urgency of preparing for very hard times though. It is far better to head for the exit too early than even slightly too late. When it comes to cashing out, only those who do so early have any chance of doing so at all. I'd say the best way to view this rally as a few Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31764152515379549922010-03-25T11:23:33.774-04:002010-03-25T11:23:33.774-04:00@ Ed Gorey
I would tend to agree with you. It has...@ Ed Gorey<br /><br />I would tend to agree with you. It has become clear that TAE has no special insight to offer on the second most important question regarding our futures.<br /><br />The "what" they have down IMO and they do a good job of explaining it but as to matters of the "when" they are as clueless as the rest of us (fractals, herd dynamics, probabilities and Elliot Wolf at the Doorhttps://www.blogger.com/profile/06404239808359033422noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15833648632335463282010-03-25T11:23:33.775-04:002010-03-25T11:23:33.775-04:00@ El G
#1 thing you can do to survive the coming ...@ El G<br /><br />#1 thing you can do to survive the coming storm = Build community<br /><br />#1 thing you can do to build a community = Make credible and verifiable claims about the near term future (6months - 1 year from now).<br /><br />Community is impossible to build unless you have credibility with your peers in terms of your assessments about when TSHTF. All the dire warnings over the Erin Winthropehttps://www.blogger.com/profile/17535747338165517395noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32926527053112477812010-03-25T11:20:21.104-04:002010-03-25T11:20:21.104-04:00El G, re: Hendry and CDSs,
I agree about the molo...El G, re: Hendry and CDSs,<br /><br />I agree about the molotov point, as I was thinking the same thing at the time I watched the video, but I think Hendry was making that point anyway. To wit: if he buys fire insurance on your house, it behooves you to make your house relatively fire-proof. Either way, the insurance alerts you to a weakness, and if you address that weakness, Hendry loses his betRumorhttps://www.blogger.com/profile/08948216807360763565noreply@blogger.com