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Topics - MKing

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1
Science, Inventions & Techology / Anyone watching MARS on Nat Geo?
« on: November 26, 2016, 07:23:18 PM »
What a wonderful demonstration of how people not shackled to petty visions of misanthropy, conservatism or Malthusian doom think. The world, for better or worse, has become what it is not because folks hoped it was something else, but because of people working and dying to to solve the problems needed along the way and dragging, screaming and whining, problems like a scarcity of iron and price of aluminum, flight, space flight, feeding billions more than Malthus or Ehrlich thought possible, bringing the species to a point where we can see the vision of human diaspora possible.

Kudos to Nat Geo for not staring at their feet in gloom, lamenting what once was, and instead focusing on what Stephen Hawking believes can be. Navel contemplaters, continue to contemplate, me, I think I'm going to get out to the middle of Nevada on US50, the loneliest road in America, just so I can spend the night sleeping in the desert with the Milky Way in all its glory visible above, as it should be seen, with no human light interference. Did it once before by accident on the way to the race track for an adrenaline dose, and was amazed by what you can see once humans aren't beaming light waves randomly around.


2
Economics / Collapse Careers
« on: November 14, 2016, 03:35:48 PM »
At 36 your right where your supposed to be.

Oh....not so sure about that azozeo....The 20's is where you get to do what you want, live wild and free, make mistakes, cure them, learn from them. By 36? You should have applied all that experience you gained in what to do, and perhaps more importantly, what NOT to do, and forged ahead into what will be (hopefully) a good result that plays out across the rest of your life.

It is the arrival of kids that begins to solidify things. No longer can you roam wild and free, the ability to make bad calls doesn't involve just YOU going hungry. You don't get to do things just because they are cool or you want to anymore, you work, you feed the kids, and send THEM to college.

Once the kids are born, you job is to generate memories for your children. Making decisions to generate good ones is y recommendation.

Father of 2 speaking, who knew what it was like to be hungry as a kid, and dedicated my life from the moment my children were born that they wouldn't suffer from THIS particular memory on my watch.

3
So obviously collapse reporting happens to a much larger audience because it is one of those human sympathy stories that the MSM likes. It isn't portrayed as Collapse as RE wants to do it, because they aren't trying to spin only one side of the story. Current example:

http://www.nbcnews.com/news/us-news/marvin-s-world-nine-lessons-homeless-man-s-winter-nyc-n537901

But while reading through the story, it occurred to me that RE hasn't said himself who he is interested in interviewing, other than in response to my claim that he will only pick examples he can spin as collapse because he can't find any other kind of collapse other than run of the mill economic malaise, no different than say the stagflation of the 70's.

So here are my suggestions.

1) Talk to part rangers, and ask them how lack of funding is beginning to wear away at their ability to show off American's natural jewels.
2) Go to the Mexican/American border and talk to folks on both sides about the reasons why they are trying to get IN, and those trying to keep them OUT, because those answers are going to be economic in nature, and how have these reasons changed with time for these people?
3) Visit some of the abandoned counties in Kansas and Texas that were once part of a great family farming inland empire, and are now obviously drying up and blowing away as the children move to the cities for a better life and job.
4) Visit tourist areas and ask them how business has been. Collapse should cause a large drop in entrance numbers to everything from national parks to Disneyland. Plus it gives you a chance to go to Disneyland.
5) Tell us about the doomers that let you visit. In particular, how they have lost their jobs, homes and cars and their economic circumstances have changed. Collapse should be seen by everyone, so how much have doomer incomes fallen? How many social security checks have not been mailed because of what would be REAL collapse, GovCo beginning to not function?
6) Stop in and see the Canadians while you are at it as well. They have the same "fleeing the farm" effect going on, and the Canadian women are really wanting to hook up with Americans to get out. Sorry RE, they don't want to move farther north, but down south where it is warmer, so skip this idea as a means to get a chick.



4
Where is everyone? The market moved, oil dipped into the $20's, while I'm packing for another road trip in a week or two just thrilled with the low prices, and duking it out with the other travelers for best hotel rooms, today's events should have the usual crowd crapping in their pants!! Where is the pile?!?!?!


5
Science, Inventions & Techology / Into space and back...
« on: November 24, 2015, 04:12:27 PM »
Every time I see an accomplishment like this, I just have to laugh about those so firmly entrenched in only pessimism. Half a century ago, space flight was the accomplishment of governments, and only a few. Now we have car manufacturers and internet companies doing things that NASA might be jealous of.

Go Blue Origin!

https://www.youtube.com/watch?v=9pillaOxGCo

6
I try to stay away from "fakebook" since it's a waste of time, but sometimes I go in to read my messages, and so I have seen that over the past 2 years almost every female friend in my own age has had or is having a kid (1 or more). They all expect that the future will be better than the present and so having a kid seems like a good idea.

Without optimism, our species would have been extinguished with the first pro to-doomers, who might have decided that because they lived on a finite world, there was no ultimate answer other than doom, therefore…why try?

And for those of us raised during a time when nuclear annihilation was the only possible outcome (according to yet another gang of doomers), the future was a better place. Which is why we live it, rather than just all suicide because of the endless claims of pessimists.

Quote from: Fenixor
Also, most would argue, that life wouldn't be worth living otherwise. I find this point of view very disturbing. Especially since having a kid is probably the worst thing you could ever do in terms of environmental impact. What about all the other species on Earth?

They are busy having babies, because they don't care about your opinion. Over intellectualizing simple problems into stress inducing, psychological disorders is primarily a human artifact.

Quote from: Fenixor
I was watching a swedish news segment about the refugee crisis in which they interviewed a Syrian woman who had fled to Lebanon, living in a camp with her 3 daughters and unemployed husband. Now, she said that she only had one kid at the time they fled (some 2-3 years ago) which means that she had 2 more while on the run, living in the refugee camp in Lebanon. She was complaining that it was crowded... Sure, it might not have been her choice but still, why do people keep on having kids when prospects for a decent life is awful? The journalist did not ask any such questions.

The irony was explicit in the story. No different than with starvation in Africa. People are starving all over the place, and half the women are pregnant. Good? Bad? Who knows, but it would seem to justify the ideas of some anti-immigrant folks if only because it is near incomprehensible to developed world folks. Otherwise known as richer, better educated, better fed, better representation, all that stuff that makes the developed world the developed world, as opposed to religious hysteria cut and sect based machete wielding to chop folks into little pieces distractions. Religion/cults/sects will do that to folks.

The Pope would do it if he could as well I imagine, in only to regain the glory and power his own cult once wielded.

Quote from: Fenixor
How come the blind spot for population-environment is so huge that even the people who should know better, in the rich countries like Sweden, have it as an ultimate goal in life?

It isn't a blind spot. It is a recognition that those who are pessimists about the future of the human race have been wrong for as long as they have been proclaiming the end. You are effectively asking, "how many times must the boy cry wolf before the people believe him". It is an unanswerable, until the boy is screaming in pain as the wolves are dragging him down outside the city gates…then..maybe…folks will react. Rich has noting to do with it. Proof does.

Quote from: Fenixor
My old professor goes around talking about planetary boundaries, flying to useless international climate meeting, has 3 kids, a car and a nice villa out in the archipelago. A bit incoherent, no? Still, people think Im the weird one when I say I don't want kids. Many seem to feel sorry for me but I feel sorry for them, or rather, for their their kids who will inherit a crappy world and most likely will suffer in some way because of the previous generations decisions.

The world I was supposed to inherit was the sun blotted out by pollution, the lakes and rivers dried up, the world a sheet of ice. Didn't happen…that boy who cried wolf thing again. You do understand that your concerns have all been voiced before, and yet…here we are, right?

http://www.freedomworks.org/content/13-worst-predictions-made-earth-day-1970

Quote from: Fenixor
Paul Ehrlich opinion is that its morally wrong to have more than 1 kid if you live in a rich country, and I must agree. I would even say that it might be morally wrong to have a kid at all. Im sure most people will disagree with me on this one.

Ehrlich was unfortunate enough for his predictions to be proven wrong in his lifetime, and worse yet, turn him into a punchline to doomer jokes. Sources are important, and he is a bad one. The guy couldn't even win a lousy bet with an economist, his ideas and understanding of human systems was so pathetic. Recycling Malthusian ideas didn't work for him any better than they did for Malthus.

Have a kid, don't have a kid, the advantage you've got is that in your country I'll bet the state will make sure you will continue to NOT have to work to support it. Fortunate indeed for you! I've had to work every week mine have been alive, and while that has been a professional joy, sometimes I wish I could kick back and just let overburdened taxpayers like Eddie keep sending their hard earned money to GovCo who would then ship it along to me!!

Unfortunately, I wasn't raised to be a mooch. But I have hopes that someday, I might acquire that trait, if only to know what it feels like to be…European!

7
Geopolitics / Bernie is a doomer
« on: October 13, 2015, 07:37:04 PM »
Watching the democratic debate, the man ROCKS, sounds like some combination of Occupy and Mike Snyder and Stockman. Good for him. Pissed off the wife as I was cheering him on again Hitlary.

8
Energy / WV Geologic Assessment of Utica…700+ TCF
« on: July 21, 2015, 04:02:28 PM »
Lets see, if each well makes maybe 10BCF, that is like 100 wells per TCF produced, 700 TCF, so we are talking about 70,000 wells to develop this monster. At AAPG in June they were discussing the wildcats drilled off in NE Pennsylvania establishing the large areal extent of this accumulation.

70,000 wells, 30 stages per well,  2.1 MILLION FRACK JOBS!!

The screaming and yelling from the anti-development gang will probably be substantial, even as they use it to heat their homes, generate their electricity, spend the royalty proceeds helping the economy, or account balance for the country as it is exported to those without exceptional American exceptionalism as it applies to state of the art oil and gas production techniques.

Thank you Doug, for doing it honest, by basing your estimate on the immutable characteristics of rock, utilizing objective and fair scientific methods, and peer reviewed and professionally vetted stochastic methodologies created by the best geoscientists in the country. Hats off to you for documenting this answer in such an outstanding and transparent manner.

http://wvutoday.wvu.edu/n/2015/07/14/utica-shale-play-may-be-next-big-natural-gas-producer-says-wvu-study

9
Science, Inventions & Techology / Ford Fusion Energi review
« on: July 20, 2015, 06:05:49 PM »
As hybrids have evolved, so have the consumers. From the original Honda Insight to modern EVs packing enough electrical power to electrocute your entire family or power your house, it has only taken about 20 years for this evolution.

Here is the car.




The current Ford Fusion Energi is not like the Volt, which is an EV with a gasoline motor onboard that creates electricity that then goes into an electric motor to power the wheels. This is different than an EV that has no additional means of creating electricity onboard to extend the range of the car. The Chevy Volt even calls the engine a "range extender". The Ford Fusion Energi is far more similar to their Hybrid model, mostly IS their hybrid, with a monster sized bigger battery eating up half the trunk. The difference between the two being that the Energi motor can power the wheels directly, in conjunction with the traction motor. Either can drive the car, or both.

The Energi has half the EV range of the Volt, and a less powerful electric motor as well. But as I have noted before, range anxiety played into my Volt decision, the Leaf can run dry in 60-80 miles, and gee, don't I need the ability to drive across the state on a moments notice? Nope. Mistake. Turns out, I don't even do the 40 miles a day, the Volt never used its gas engine, a Leaf would have been fine. Too late.

So fast forward a few years. Leafs are showing up in the paper, discounted down to $10-$15G, but it also turns out that the Leaf is having a bit much capacity loss, particularly in hot areas, and apparently because of lack of thermal management. So after seeing all these Leafs, I begin checking all the others, and presto, all sorts of Volts are coming off lease, Leafs, and the used EV car sale wars have begun!

But I don't want a Leaf. I have a different problem. Two kinds of driving, which with the Volt required 2 different cars. One for gasoline free motoring for the family around town, and another for continent spanning road trips. Enough!!

The solution? A plug in hybrid. Cmax? Too small, dorky looking, for some reason gets crappy mileage compared to something more full sized like the Fusion. A Prius? Hard to find, small, tin-can-ish, noisy.

So, early review on the Fusion. Quiet. Might be quietest car I've ever driven. Almost 20 miles of EV on the battery. 6 hours or so to charge. Supposed to get 45 on the highway. Turns off engine at 75 mph and runs electric if it wants to. Is selectable, can choose EV only, EV auto (runs like an EV but uses the engine when it wants to) and EV later, which turns off the EV idea, saves the battery, and runs it like the hybrid platform it is built upon. Transition between EV and ICE is far more seamless then old hybrids ever were, you can't even tell the ICE comes on sometimes. Brake transition between regen and calipers is about as good as well, there is a little grab right as you come to a stop, maybe, sometimes. Sometimes it is all regen, something hard to do on old hybrids. Plenty of power, EV, ICE, or both. I forced it to use gasoline the other night just to make sure the motor worked. Running around 150 after 6 days of use, hasn't reached the 250-300 mpg that the Chevy reached yet. But I have hope.

Bought it used, 11000 miles or so, will report back after it has done both its EV job, and its road trip job, to see how it works out as a 1 car solution to the modern traveler/commuter marching forward into the new electrically powered world of transport.

10
The Kitchen Sink / Proud to be on the side of the "Haters"
« on: June 30, 2015, 06:32:39 AM »
Zero Hedge posts an excellent article on why those of us who still think for ourselves are proud outcasts in a system that only desires political correctness, be it in some minor corner of the internet on a forum, or the world at large.

Proud to be considered such.

Quote

http://www.zerohedge.com/news/2015-06-29/emergence-orwellian-newspeak-and-death-free-speech

Submitted by John Whitehead via The Rutherford Institute,

“If you don’t want a man unhappy politically, don’t give him two sides to a question to worry him; give him one. Better yet, give him none. Let him forget there is such a thing as war. If the government is inefficient, top-heavy, and tax-mad, better it be all those than that people worry over it…. Give the people contests they win by remembering the words to more popular songs or the names of state capitals or how much corn Iowa grew last year. Cram them full of noncombustible data, chock them so damned full of ‘facts’ they feel stuffed, but absolutely ‘brilliant’ with information. Then they’ll feel they’re thinking, they’ll get a sense of motion without moving. And they’ll be happy, because facts of that sort don’t change.” ? Ray Bradbury, Fahrenheit 451

How do you change the way people think? You start by changing the words they use.

In totalitarian regimes—a.k.a. police states—where conformity and compliance are enforced at the end of a loaded gun, the government dictates what words can and cannot be used. In countries where the police state hides behind a benevolent mask and disguises itself as tolerance, the citizens censor themselves, policing their words and thoughts to conform to the dictates of the mass mind.

Even when the motives behind this rigidly calibrated reorientation of societal language appear well-intentioned—discouraging racism, condemning violence, denouncing discrimination and hatred—inevitably, the end result is the same: intolerance, indoctrination and infantilism.

It’s political correctness disguised as tolerance, civility and love, but what it really amounts to is the chilling of free speech and the demonizing of viewpoints that run counter to the cultural elite.

As a society, we’ve become fearfully polite, careful to avoid offense, and largely unwilling to be labeled intolerant, hateful, closed-minded or any of the other toxic labels that carry a badge of shame today. The result is a nation where no one says what they really think anymore, at least if it runs counter to the prevailing views. Intolerance is the new scarlet letter of our day, a badge to be worn in shame and humiliation, deserving of society’s fear, loathing and utter banishment from society.

For those “haters” who dare to voice a different opinion, retribution is swift: they will be shamed, shouted down, silenced, censored, fired, cast out and generally relegated to the dust heap of ignorant, mean-spirited bullies who are guilty of various “word crimes.”

We have entered a new age where, as commentator Mark Steyn notes, “we have to tiptoe around on ever thinner eggshells” and “the forces of ‘tolerance’ are intolerant of anything less than full-blown celebratory approval.”

In such a climate of intolerance, there can be no freedom speech, expression or thought.

Yet what the forces of political correctness fail to realize is that they owe a debt to the so-called “haters” who have kept the First Amendment robust. From swastika-wearing Neo-Nazis marching through Skokie, Illinois, and underaged cross burners to “God hates fags” protesters assembled near military funerals, those who have inadvertently done the most to preserve the right to freedom of speech for all have espoused views that were downright unpopular, if not hateful.

Until recently, the U.S. Supreme Court has reiterated that the First Amendment prevents the government from proscribing speech, or even expressive conduct, because it disapproves of the ideas expressed. However, that long-vaunted, Court-enforced tolerance for “intolerant” speech has now given way to a paradigm in which the government can discriminate freely against First Amendment activity that takes place within a government forum. Justifying such discrimination as “government speech,” the Court ruled that the Texas Dept. of Motor Vehicles could refuse to issue specialty license plate designs featuring a Confederate battle flag. Why? Because it was deemed offensive.

The Court’s ruling came on the heels of a shooting in which a 21-year-old white gunman killed nine African-Americans during a Wednesday night Bible study at a church in Charleston, N.C. The two events, coupled with the fact that gunman Dylann Roof was reportedly pictured on several social media sites with a Confederate flag, have resulted in an emotionally charged stampede to sanitize the nation’s public places of anything that smacks of racism, starting with the Confederate flag and ballooning into a list that includes the removal of various Civil War monuments.

These tactics are nothing new. This nation, birthed from puritanical roots, has always struggled to balance its love of liberty with its moralistic need to censor books, music, art, language, symbols etc. As author Ray Bradbury notes, “There is more than one way to burn a book. And the world is full of people running about with lit matches.”

Indeed, thanks to the rise of political correctness, the population of book burners, censors, and judges has greatly expanded over the years so that they run the gamut from left-leaning to right-leaning and everything in between. By eliminating words, phrases and symbols from public discourse, the powers-that-be are sowing hate, distrust and paranoia. In this way, by bottling up dissent, they are creating a pressure cooker of stifled misery that will eventually blow.

For instance, the word “Christmas” is now taboo in the public schools, as is the word “gun.” Even childish drawings of soldiers result in detention or suspension under rigid zero tolerance policies. On college campuses, trigger warnings are being used to alert students to any material they might read, see or hear that might upset them, while free speech zones restrict anyone wishing to communicate a particular viewpoint to a specially designated area on campus. Things have gotten so bad that comedians such as Chris Rock and Jerry Seinfeld refuse to perform stand-up routines to college crowds anymore.

Clearly, the country is undergoing a nervous breakdown, and the news media is helping to push us to the brink of insanity by bombarding us with wall-to-wall news coverage and news cycles that change every few days.

In this way, it’s difficult to think or debate, let alone stay focused on one thing—namely, holding the government accountable to abiding by the rule of law—and the powers-that-be understand this.

As I document in my book Battlefield America: The War on the American People, regularly scheduled trivia and/or distractions keep the citizenry tuned into the various breaking news headlines and entertainment spectacles and tuned out to the government’s steady encroachments on our freedoms. These sleight-of-hand distractions and diversions are how you control a population, either inadvertently or intentionally, advancing a political agenda agenda without much opposition from the citizenry.

Professor Jacques Ellul studied this phenomenon of overwhelming news, short memories and the use of propaganda to advance hidden agendas. “One thought drives away another; old facts are chased by new ones,” wrote Ellul.

Under these conditions there can be no thought. And, in fact, modern man does not think about current problems; he feels them. He reacts, but he does not understand them any more than he takes responsibility for them. He is even less capable of spotting any inconsistency between successive facts; man’s capacity to forget is unlimited. This is one of the most important and useful points for the propagandists, who can always be sure that a particular propaganda theme, statement, or event will be forgotten within a few weeks.

Already, the outrage over the Charleston shooting and racism are fading from the news headlines, yet the determination to censor the Confederate symbol remains. Before long, we will censor it from our thoughts, sanitize it from our history books, and eradicate it from our monuments without even recalling why. The question, of course, is what’s next on the list to be banned?

It was for the sake of preserving individuality and independence that James Madison, the author of the Bill of Rights, fought for a First Amendment that protected the “minority” against the majority, ensuring that even in the face of overwhelming pressure, a minority of one—even one who espouses distasteful viewpoints—would still have the right to speak freely, pray freely, assemble freely, challenge the government freely, and broadcast his views in the press freely.

This freedom for those in the unpopular minority constitutes the ultimate tolerance in a free society. Conversely, when we fail to abide by Madison’s dictates about greater tolerance for all viewpoints, no matter how distasteful, the end result is always the same: an indoctrinated, infantilized citizenry that marches in lockstep with the governmental regime.

Some of this past century’s greatest dystopian literature shows what happens when the populace is transformed into mindless automatons.

In Ray Bradbury’s Fahrenheit 451, reading is banned and books are burned in order to suppress dissenting ideas, while televised entertainment is used to anesthetize the populace and render them easily pacified, distracted and controlled.



In Aldous Huxley’s Brave New World, serious literature, scientific thinking and experimentation are banned as subversive, while critical thinking is discouraged through the use of conditioning, social taboos and inferior education. Likewise, expressions of individuality, independence and morality are viewed as vulgar and abnormal.



And in George Orwell’s 1984, Big Brother does away with all undesirable and unnecessary words and meanings, even going so far as to routinely rewrite history and punish “thoughtcrimes.” In this dystopian vision of the future, the Thought Police serve as the eyes and ears of Big Brother, while the Ministry of Peace deals with war and defense, the Ministry of Plenty deals with economic affairs (rationing and starvation), the Ministry of Love deals with law and order (torture and brainwashing), and the Ministry of Truth deals with news, entertainment, education and art (propaganda). The mottos of Oceania: WAR IS PEACE, FREEDOM IS SLAVERY, and IGNORANCE IS STRENGTH.

All three—Bradbury, Huxley and Orwell—had an uncanny knack for realizing the future, yet it is Orwell who best understood the power of language to manipulate the masses. Orwell’s Big Brother relied on Newspeak to eliminate undesirable words, strip such words as remained of unorthodox meanings and make independent, non-government-approved thought altogether unnecessary. To give a single example, as psychologist Erich Fromm illustrates in his afterword to 1984:

The word free still existed in Newspeak, but it could only be used in such statements as "This dog is free from lice" or "This field is free from weeds." It could not be used in its old sense of "politically free" or "intellectually free," since political and intellectual freedom no longer existed as concepts....

Where we stand now is at the juncture of OldSpeak (where words have meanings, and ideas can be dangerous) and Newspeak (where only that which is “safe” and “accepted” by the majority is permitted). The power elite has made their intentions clear: they will pursue and prosecute any and all words, thoughts and expressions that challenge their authority.

This is the final link in the police state chain.

Having been reduced to a cowering citizenry—mute in the face of elected officials who refuse to represent us, helpless in the face of police brutality, powerless in the face of militarized tactics and technology that treat us like enemy combatants on a battlefield, and naked in the face of government surveillance that sees and hears all—we have nowhere left to go. Our backs are to the walls. From this point on, we have only two options: go down fighting, or capitulate and betray our loved ones, our friends and our selves by insisting that, as a brainwashed Winston Smith does at the end of Orwell’s 1984, yes, 2+2 does equal 5.


11
Energy / Dead oil and gas companies walking…top 19 from Oxford Club
« on: February 24, 2015, 04:36:12 PM »
Thought you guys would like this one.

Here’s the “Death List” in alphabetical order. The numbers in parentheses are the debt-to-earnings ratio. Companies in bold have drilling operations in the Marcellus and/or Utica.

1. Antero Resources (4.99)
2. Energy XXI Ltd (5.09)
3. EV Energy Partners (6.54)
4. EXCO Resources (4.72)
5. Exterran Partners (5.23)
6. Goodrich Petroleum (29.44)
7. Halcon Resources (7.81)
8. Hercules Offshore (7.53)
9. Legacy Reserves (4.31)
10. Linn Energy (6.88)
11. LRR Energy (24.62)
12. Magnum Hunter Resources (52.29)
13. Parsley Energy (5.32)
14. Rex Energy (5.06)
15. Sanchez Energy (4.09)
16. TETRA Technologies (12.19)
17. Vanguard Natural Resources (5.39)
18. Vantage Drilling (6.16)
19. Warren Resources (5.50)


http://marcellusdrilling.com/2015/02/19-oilgas-companies-on-death-list-8-are-in-marcellusutica/

12
Economics / Get him to the Greek!!! NOT!!!
« on: February 16, 2015, 11:07:11 AM »
After listening through the cocktail party 3rd year celebration yesterday, I was struck by Mike's take on the Greek and thought it had more than a little ring of reasonableness to it.

So when the Greeks decided to thumb their nose at Germany today, I thought it was cool news!!

http://www.nytimes.com/2015/02/17/business/international/greece-debt-eurozone-finance-ministers-meeting.html?_r=0

Dueling news conferences indeed!!

Ultimately, what happens to the Greeks, whatever it might be, will begin to inoculate and inform others, just as the American housing crisis did. And from watching the Greeks choose to go it alone, and the consequences of that decision, evolution dictates that others will do it differently to avoid said consequences.

13
Economics / How you can REALLY tell there is an economic problem
« on: December 16, 2014, 11:58:49 AM »
While some are famous for proclaiming doom with every oil price fall, or increase, or mcdonalds closing, there are normally real clues buried within the MSM that are evidence of REAL underlying issues. You generally spot them with corporation versus corporation conflicts, or corporations versus countries,both of which are always fun to watch because it is like the professional leagues playing the great game, as opposed to what us normal folks do in our amateurish fashion as we invest, or determine how to utilize money to our own advantage.

I have mentioned before that Russia is a one trick economic pony, as are many of the other resource based economies. But when certain companies start to diss entire countries, you KNOW you've got a problem.
 
One of those kinds of clues.

http://www.bloomberg.com/news/2014-12-16/apple-stops-online-sales-in-russia-over-ruble-fluctuations.html


14
Economics / Anyone betting on a market downturn?
« on: October 02, 2014, 11:19:46 AM »
Beyond the "crashed yesterday, crashing now, crashing tomorrow" angle, most folks here are aware that the last real "crash" in 2008 turned into a wonderful money making opportunity. Those kinds of opportunities are best utilized by going liquid on the high side of any market, letting the herd stampede, and then getting back in hard on the low side.

Knowing that people on this very forum were deprived of this kind of opportunity on the last market swing, and knowing that even if they were participating in the market and don't like talking about it because otherwise GO would let them have it between the eyes for not investing in PMs, folks here ARE participating, pension funds, 401k's, CD's, you name it.

So..has the market gone high enough for you? Do you believe it is time to become more liquid, and wait for some upcoming correction prior to getting back in, or does a market high provide you the opportunity to do something different, for example you could now buy quite a bit more gold than you could have in 2009 with paper profits in the market, doing better even than if you had invested in gold itself.

Any takers, or is everyone more inclined to not reveal that in the real world, they are participating in the market, because really...some will look at you askance for cheering on doom but heartily participating in BAU.

I know Eddie's wife is unhappy with his investing moves, whereas my wife is not. Different philosophies for different folks.

So any doomers out there waiting for the next opportunity, as opposed to the collapse yesterday, collapse now, collapse tomorrow angle? Thinking it is time to make a move?

15
Economics / The jobs..the jobs...
« on: September 30, 2014, 11:12:09 AM »
When these kinds of jobs are out there, why aren't more people willing to put their heads down, and go GET them? Has willpower, gumption and persistence really become endangered qualities in America?

http://www.usatoday.com/longform/news/nation/2014/09/30/job-economy-middle-skill-growth-wage-blue-collar/14797413/

When I see the kind of money paid out for this generation type of work, I am forced to ask, is the problem the mismatch between skills needed by the workplace versus what the younger generation has been taught in terms of work ethics, personal responsibility for their actions, not recognizing between what they WANT to do sometimes, versus what they NEED to do?


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