So when will the sharemarket crash in 2014?

[scrivy]

With all the dramas going on in the world at present, and the stock market in high ground again - without any corrections, when will it crash?
Will it crash due to the Crimea situation, or something else?
I know Russia ain't gunna sit around allowing sanctions to only hurt them, they'll bail out of the US dollar, trade with the BRICS countries in their own currencies and start the demise of the Petrodollar in ernest.
It'll be really nasty for the US if that happens.... and it'll kill the rest of us too.....

I'm picking the US needs to create a meltdown, so they can use it to default on their debt.

March 25th anyone? :shutup:

[mashman]

With any luck, not too long after that (https://waveofaction.org/)

[pete376403]

If europe start to apply sanctions to russia, how long before russia turns off the gas to europe? Who will blink first?

[mashman]

If europe start to apply sanctions to russia, how long before russia turns off the gas to europe? Who will blink first?

Don't forget a lot of the automotive industry too. Wonder what else Russia produces cheaply that it could stop producing?

[Oakie]

Don't forget a lot of the automotive industry too. Wonder what else Russia produces cheaply that it could stop producing?

Russians?

...

[blue rider]

interesting read, dated 24th of Feb.

http://www.theguardian.com/commentisfree/2014/feb/24/recovery-bubble-crash-uk-us-investors

also from Feb

http://www.marketwatch.com/story/global-credit-supernova-turns-2013-bull-to-bear-2013-02-08

dumbing shares ?

http://www.marketwatch.com/story/in-the-know-insiders-are-dumping-stocks-2014-03-14?link=MW_story_popular


then there is this. Banks suddenly forclosing on houses that they kept on the books

http://www.zerohedge.com/contributed/2014-02-13/%E2%80%9Cforeclosure-rebound-pattern%E2%80%9D-foreclosure-starts-suddenly-jump-57-california-

and here is the shrill one, Paul Krugman...

http://krugman.blogs.nytimes.com/

interesting times interesting times

[scrivy]

interesting times interesting times
Yip.... also how many banks are locking up and not allowing customers to withdrawl too much of their own cash.... parts of eu, china etc... sucks!

...and banks doing bail ins....

...and financiers commiting suicide.... like the '20's

Its gunna come to a head soon me thinks...:eek:

[Bikemad]

With all the dramas going on in the world at present, and the stock market in high ground again - without any corrections, when will it crash?
Will it crash due to the Crimea situation, or something else?
I know Russia ain't gunna sit around allowing sanctions to only hurt them, they'll bail out of the US dollar, trade with the BRICS countries in their own currencies and start the demise of the Petrodollar in ernest.
It'll be really nasty for the US if that happens.... and it'll kill the rest of us too.....

I'm picking the US needs to create a meltdown, so they can use it to default on their debt.

March 25th anyone? :shutup:

nah.......more like the 1st of April.........before lunch:doh:

[mashman]

Russians?

...

Oh hells to the yeah, 600,000 of 'em makin cars.

[mashman]

Nothing to see here, move along

interesting times interesting times

I wish I had a magic pin
With which to burst the bubble
It's time for all of us to win
I'z keen to cause some trouble

[Indiana_Jones]

then there is this. Banks suddenly forclosing on houses that they kept on the books

http://www.zerohedge.com/contributed/2014-02-13/%E2%80%9Cforeclosure-rebound-pattern%E2%80%9D-foreclosure-starts-suddenly-jump-57-california-



There are many places around the country, including some cities in Silicon Valley, where home values are now higher than they were at the peak of the last bubble. Of course, no one at the Fed or in government calls it “bubble.” They’re talking about the housing “recovery.”

The same term is used here in NZ, 'recovery'. Remember kids, house prices should always grow faster than inflation :facepalm:. because buying a second or third 50 year old house (and denying them to others) is investing in the economy. :lol:

-Indy

[scott411]

With all the dramas going on in the world at present, and the stock market in high ground again - without any corrections, when will it crash?
Will it crash due to the Crimea situation, or something else?
I know Russia ain't gunna sit around allowing sanctions to only hurt them, they'll bail out of the US dollar, trade with the BRICS countries in their own currencies and start the demise of the Petrodollar in ernest.
It'll be really nasty for the US if that happens.... and it'll kill the rest of us too.....

I'm picking the US needs to create a meltdown, so they can use it to default on their debt.

March 25th anyone? :shutup:

yep, the reserve bank thinks it might happen as well, why do you think they brought in tougher Loan Value rules to make the banks have more equity in the housing stock,

[scrivy]

yep, the reserve bank thinks it might happen as well, why do you think they brought in tougher Loan Value rules to make the banks have more equity in the housing stock,

True....

But the next crash is gunna be a killer one...... it will undoubtedly be the end of some of the 'empires' we currently see....
With the Petrodollar failing, the US will drag down their allied countries too....

[jellywrestler]

True....

But the next crash is gunna be a killer one...... it will undoubtedly be the end of some of the 'empires' we currently see....
With the Petrodollar failing, the US will drag down their allied countries too....

so what will cash be worth then, word has it in the depression a wheelbarrow full of money was needed to buy shit, what should anyone with cash stashed these days do with it?

[mashman]

so what will cash be worth then, word has it in the depression a wheelbarrow full of money was needed to buy shit, what should anyone with cash stashed these days do with it?

You won't need to buy toilet paper for a while.

[scrivy]

so what will cash be worth then, word has it in the depression a wheelbarrow full of money was needed to buy shit, what should anyone with cash stashed these days do with it?

The US dollar is only worth 4 cents today compared to 100 years ago thanks to the FED Res bank and their over printing of money.
The US were clever back in the 70's when they made the US$ the reserve currency for oil purchases (The Petrodollar) and then for commodities. Every country has to purchase in US$ - but why??
Every country currently has to trade in US$ to obtain US$ to purchase energy in the form of oil or gas. So they sell items at an insanely cheaper price to the US for their highly over-inflated US$.
Countries are indebting themselves in order to purchase the almighty US$.
That is why the US$ always has such a high exchange rate price - even in times of war or bubbles... Countries need the US$.

But what happens when the BRICS (Brasil, Russia, India, China & S.Africa) countries go away from using the US$??? The US$ will be seen for what it is really worth.....nothing.....
THAT will be the end of the US economy. Period.

What Putin has threatened is that very scenario, with sanctions imposed on Russia now going to cause Russia to drop the US$ and start the selling of their oil/gas/commodities in their own countries currencies. Hell, China and Russia have signed up already, India is paying for some energy in gold, so they've already turned their backs on the US.
Russia has even withdrawn funds from US banks, and is selling off their US treasury bonds, that in itself could possibly start a run on the banks....

Russia supplies the majority of Europes energy needs, so if they say use the Ruble, then I guess they'll have to use the Ruble.... or... they can shut off the supply... that'll make some countries asses twitch... and if they use the Ruble, then they'll have to supply Russia commodities to get the Rubles.....
Do you think sanctions are really gunna hurt Russia?? Not on your life!

If you've got cash lying around - buy a sidecar......!!!!:cool::lol:

[scrivy]

Its taken 100 years for the US to amass 17 Trillion of debt, but it has taken China since the 2008 GFC to amass the same level of debt....

Shits about to get real.....:crazy:

[scrivy]

...will there be martial law.....????

[mashman]

But what happens when the BRICS (Brasil, Russia, India, China & S.Africa) countries go away from using the US$??? The US$ will be seen for what it is really worth.....nothing.....
THAT will be the end of the US economy. Period.


Ti what Gaddafi was going to do with Libyan oil. Gold Dinars or no oil.

[Brian d marge]

See my posts in "stupid world " i have been on about this for some time.

http://www.kiwibiker.co.nz/forums/showthread.php/140713-Stupid-World/page140

I think it was a brilliant move , in 2008; pay interest on reserves ,Qe , no inflation. ! Qe keeps markets high , bond rates low and gold low.

buy gold , and when the Japanese or Chinese start dumping dollars , you are sitting pretty

Almost like they were working WITH the Chinese hahaaaa

Stephen

in the mean time ; As I have done , reduce your debt , invest in food ( and beer , my home brew should see me through) and make sure skills are up to scratch, oh and have an exit plan!

[Brian d marge]

...will there be martial law.....????

yes and thew US is prepared for that.

The New currency , maybe a gold backed trade note. Countrys will still use local currency as far as I can see

Stephen

Samick Sage #40 lb Eason 1018 arrows with 2 bladed broad heads ( my get out of Jail card )

[scrivy]

Ti what Gaddafi was going to do with Libyan oil. Gold Dinars or no oil.

"Iran poses a far more serious threat to the U.S. than its disputed nuclear aspirations. Over the last few years, Iran has unleashed a weapon of mass destruction of a very different kind, one that directly challenges a key underpinning of American hegemony: the U.S. dollar as the exclusive global currency for all oil transactions."

So too Syria, and Russia and China and India.........

Funny that the US needs to go to war with the ones that disagree with their Petrodollar system....

Hmmm..... why exactly does the US need to invade Syria..... Petrodollar avoidance anyone??

[oldrider]

Funny that the US needs to go to war with the ones that disagree with their Petrodollar system....

US economy depends upon consumption and nothing (other than the space program) consumes (without tarrifs or trade barriers) like war does!

Petrodollar threat pails to insignificant compared to the will or wants of Israel!

Israel says jump :mega: ... America says how high! :doh: ... Ever wondered why? :rolleyes:

[carbonhed]

"Iran poses a far more serious threat to the U.S. than its disputed nuclear aspirations. Over the last few years, Iran has unleashed a weapon of mass destruction of a very different kind, one that directly challenges a key underpinning of American hegemony: the U.S. dollar as the exclusive global currency for all oil transactions."

So too Iran, and Russia and China and India.........

Funny that the US needs to go to war with the ones that disagree with their Petrodollar system....

Hmmm..... why exactly does the US need to invade Syria..... Petrodollar avoidance anyone??

In the reality that I inhabit the US hasn't invaded Syria... or Russia... or Iran... or China... or India. Your reality must be speshul.

[scrivy]

In the reality that I inhabit the US hasn't invaded Syria... or Russia... or Iran... or China... or India. Your reality must be speshul.

LOL!!! It is Speshul.....
I was referring to Libya, Syria and Iran in that statement, but included the other 'mights' as an example of other countries that are undermining the US Petrodollar....

The US wouldn't attack the 3 'mights' - they have nuclear weapons.... however, the little guys don't.

That's what I alluded to.

[Brian d marge]

Syria and iran have a self help agreement if you attcak one u attack both

Yeehaaa
Stephen

Sent from my SC-01F using Tapatalk

[oldrider]

Syria and iran have a self help agreement if you attcak one u attack both

Like when an Infidel attacks/defends/protects (take your pick) a Muslim/state then it automatically becomes a Jehard and the Infidel becomes fare game!

Or hit one Maori you hit them all .... whatever! It's been around since time began! :shifty:

[mashman]

Hmmm..... why exactly does the US need to invade Syria..... Petrodollar avoidance anyone??

That or they hadn't paid their chemicals bill.

[Brian d marge]

Like when an Infidel attacks/defends/protects (take your pick) a Muslim/state then it automatically becomes a Jehard and the Infidel becomes fare game!

Or hit one Maori you hit them all .... whatever! It's been around since time began! :shifty:

I tapped a moari lass once cute to
Not joking cousin was on his way before i had finished

No the us has been up to its old tricks again and now the chickens are coming home to roost


Sent from my SC-01F using Tapatalk

[SPman]

"Iran poses a far more serious threat to the U.S. than its disputed nuclear aspirations. Over the last few years, Iran has unleashed a weapon of mass destruction of a very different kind, one that directly challenges a key underpinning of American hegemony: the U.S. dollar as the exclusive global currency for all oil transactions."

So too Syria, and Russia and China and India.........

Funny that the US needs to go to war with the ones that disagree with their Petrodollar system....

Hmmm..... why exactly does the US need to invade Syria..... Petrodollar avoidance anyone??

That would be the BRICS alliance that Putin is keen to get underway - Brazil, Russia, India, China and South Africa - pay for everything in their own currency and avoid the US dollar altogether.....

The US tried it on with Syria, but others got in the way - the UK parliament refuse to play ball.

[nodrog]

What I would really like to know is how the fuck you got Scrivy's computer, and where are you going to hide when he gets back from the special Olympics'?

[scrivy]

That or they hadn't paid their chemicals bill.


Dont have to. They made their own. The rebels got given the sarin that was used on the civilians, free from the CIA.....

[mashman]

Dont have to. They made their own. The rebels got given the sarin that was used on the civilians, free from the CIA.....

I'm sure I saw a report somewhere that mentioned that the sarin came from the uk. (http://rt.com/news/uk-sarin-syria-weapons-chemical-573/)



The US tried it on with Syria, but others got in the way - the UK parliament refuse to play ball.

[scrivy]

The US tried it on with Syria, but others got in the way - the UK parliament refuse to play ball.
So too the bi-partisan US congress, and thank god Putin.

[scrivy]

I'm sure I saw a report somewhere that mentioned that the sarin came from the uk. (http://rt.com/news/uk-sarin-syria-weapons-chemical-573/)

Apparantely so. All legally and approved too.... makes a mockery of the US and UK war on terror... dumb asses....

.....or was it planned that way by the CIA?......;)

[mashman]

Apparantely so. All legally and approved too.... makes a mockery of the US and UK war on terror... dumb asses....

.....or was it planned that way by the CIA?......;)


Not fair. I'm sure they didn't know what Syria were going to do with it <_<

May as well use those who have the contacts and expertise in these matters.

[scrivy]

Not fair. I'm sure they didn't know what Syria were going to do with it <.

That'd be like supplying uranium to North Korea.....:banghead:

They supplied Syria with Sodium Fluoride and Potassium Flouride - major compounds in Sarin gas.... and both controlled by Arms Control regulations..... and I can tell you it wasn't for making toothpaste......LOL!

[pete376403]

Ti what Gaddafi was going to do with Libyan oil. Gold Dinars or no oil.

Saddam Hussein was (apparently) going to sell oil in Euros rather than dollars. http://globalresearch.ca/articles/CLA410A.html Look where that ended up.

[mashman]

That'd be like supplying uranium to North Korea.....:banghead:

They supplied Syria with Sodium Fluoride and Potassium Flouride - major compounds in Sarin gas.... and both controlled by Arms Control regulations..... and I can tell you it wasn't for making toothpaste......LOL!

That's be some serious glow in the dark toothpaste. Grownups playing childish games should have their toys removed.


Saddam Hussein was (apparently) going to sell oil in Euros rather than dollars. http://globalresearch.ca/articles/CLA410A.html Look where that ended up.

I guess that makes sense.

[Brian d marge]

Never get between the man and his money

They dont like it ya know

Sent from my SC-01F using Tapatalk

[Brian d marge]

http://www.bloomberg.com/news/2014-01-06/china-rejecting-u-s-corn-as-first-shipment-from-ukraine-arrives.html

yeeehaaa

go the rich fuks

and it just gets betterer and betterer

snip:
Western nations have threatened possible sanctions against Russia over tensions surrounding a Russian military threat in Ukraine’s Crimean region.
“The main reason that palladium has seen a pretty strong rise has been the concern that trade sanctions may be put on Russia if the situation in the Ukraine deteriorates from where we are today,” said Nicholas Brooks, head of research at ETF Securities.


samick sage ..my brothers

Stephen

[carbonhed]

I'm sure I saw a report somewhere that mentioned that the sarin came from the uk. (http://rt.com/news/uk-sarin-syria-weapons-chemical-573/)

Even for you that's pretty fucking pathetic. (http://en.wikipedia.org/wiki/Sodium_fluoride)

[mashman]

Even for you that's pretty fucking pathetic. (http://en.wikipedia.org/wiki/Sodium_fluoride)

And they use brass and steel for things other than shell casings.

[scrivy]

Even for you that's pretty fucking pathetic. (http://en.wikipedia.org/wiki/Sodium_fluoride)

http://www.dailymail.co.uk/news/article-2415081/Britain-sent-poison-chemicals-Assad-Proof-UK-delivered-Sarin-agent-Syrian-regime.html

http://rt.com/news/germany-sarin-gas-syria-040/

http://www.independent.co.uk/news/uk/politics/revealed-uk-government-let-british-company-export-nerve-gas-chemicals-to-syria-8793642.html

Bet ya didn't hear about that on mainstream TV.....???

[scrivy]

Getting back to the sharemarket crash...............

'New Zealand has become one of the first countries in the world to be allowed direct currency trading with Chinese, a move aimed at reducing the cost of business in the economic superpower.'

Hmmm..... the Chinese didn't think about the ramifications of undermining the US$ as the reserve currency.... Yeah right!!
So we are officially one of the first to undertake this direct currency trading.... sit back now and watch the US retaliate by way of imposing tariffs, sanctions and even ANZUS restrictions on NZ....

So what does this mean to the TPP agreements currently being negotiated???

Here comes the empires demise.....

[Oscar]

http://www.dailymail.co.uk/news/article-2415081/Britain-sent-poison-chemicals-Assad-Proof-UK-delivered-Sarin-agent-Syrian-regime.html

http://rt.com/news/germany-sarin-gas-syria-040/

http://www.independent.co.uk/news/uk/politics/revealed-uk-government-let-british-company-export-nerve-gas-chemicals-to-syria-8793642.html

Bet ya didn't hear about that on mainstream TV.....???

Now I know why Hamilton City took Flouride out of the water!
Those sneaky fucks were planning to make Sarin!!!

[scrivy]

Now I know why Hamilton City took Flouride out of the water!
Those sneaky fucks were planning to make Sarin!!!

YIP!!! ....and going to false flag use it for getting rid of Len Brown.... :bleh::facepalm::shutup:

[carbonhed]

http://www.dailymail.co.uk/news/article-2415081/Britain-sent-poison-chemicals-Assad-Proof-UK-delivered-Sarin-agent-Syrian-regime.html

http://rt.com/news/germany-sarin-gas-syria-040/

http://www.independent.co.uk/news/uk/politics/revealed-uk-government-let-british-company-export-nerve-gas-chemicals-to-syria-8793642.html

Bet ya didn't hear about that on mainstream TV.....???

You need dihydrogen monoxide to make sarin too. Did anybody sell them any bottled water?

[scrivy]

You need dihydrogen monoxide to make sarin too. Did anybody sell them any bottled water?

Nope, they just used a desalinator...... :shit::blink::shutup:

[Brian d marge]

does this post go here ?

http://Today Prime Minister John Key and Chinese President Xi Jinping announced an “ambitious new goal” of reaching $30 billion in annual trade by 2020.


NZ is very good at using the shit handed to em , the RBNZ , acc investment etc . There is quite a few people doing the best that they can WITHOUT the greed and corruption inherit in other shytholes

I wonder why NZ was one of the first to have a free trade agreement with china ..... did they know what we didnt know ?


anyway , just bring it on so I can vent

Stephen

[scrivy]

does this post go here ?

http://Today Prime Minister John Key and Chinese President Xi Jinping announced an “ambitious new goal” of reaching $30 billion in annual trade by 2020.


NZ is very good at using the shit handed to em , the RBNZ , acc investment etc . There is quite a few people doing the best that they can WITHOUT the greed and corruption inherit in other shytholes

I wonder why NZ was one of the first to have a free trade agreement with china ..... did they know what we didnt know ?


anyway , just bring it on so I can vent

Stephen
Ya piss taker..... no link.... :lol:

Re-read my post 45 in this thread.... is that what it was about??
If so, I am really surprised no media have picked it up and run with it due to its significance...

[Brian d marge]

Ya piss taker..... no link.... :lol:

Re-read my post 45 in this thread.... is that what it was about??
If so, I am really surprised no media have picked it up and run with it due to its significance...

there is a link in my browser.

http://Today Prime Minister John Key...trade by 2020.

I saw the news the other day looked like Christchurch was floating down the river ...the sell off has started in earnest

And we all know how important it is to be earnest !

Stephen

[Damantis]

Yay for online shopping!:woohoo:

[mashman]

there is a link in my browser.


Dear Liza dear Liza.

[mashman]

Warren Buffet Joins Economists Warning of Major Stock Market Crash in 2014 (http://iacknowledge.net/warren-buffet-joins-economists-warning-of-major-stock-market-crash-in-2014/)

[oldrider]

Voting only changes the players. It doesn’t change the game.

Significant comment from the Buffet article! :yes:

[scrivy]

Voting only changes the players. It doesn’t change the game.

Significant comment from the Buffet article! :yes:

Yip.... it's all rigged, and all players are on the same team.....

Its not socialism, fascism, totaliterianism etc. etc.... its CORPORATISM....

[Brian d marge]

Ive been banging on about this for donkeys years

heres the first thread i started on KB about politics

http://www.kiwibiker.co.nz/forums/showthread.php/103929-Nz-Politix


even then Im saying dont sell because the investment is not healthy to NZ


and my little list in my user notes ( ever since I have been on KB)

Challenge the TINA ( there is no alternative ) syndrome .. ( again not I am not sure )
* Promote informed debate and critique ..
* Promote participatory democracy ..
* Embrace the Treaty of Waitangi as a liberating force ..
* Encourage progressive counter-nationalism ..
* Develop multi-level strategies ..
* Hold the line ..
* Localise politics ..
* Ginger up party politics ..
* Invest in the future ..
* Support those who speak out ..
* Promote ethical investment ..
* Think global, act local ..
* Think local, act global ..

Ive given up arguing or debating the whys and whens and am busy with a get out of Jail card, and the men from the ministry can go fk themselves , with their whole system

Where can I get a Moari passport and driving licence ! hahahaa

Fk em with their ill thought out student loans scheme , and the speeding taxes and high living costs due to some ideologue that would have saved the western world as we know it ( which is fked because of greedy farmers pouring tons of go juice on the dead soil to try and grow cows

IF there was a full blooded " French Style " revolution

I made another list of those on the chopping block !

http://www.kiwibiker.co.nz/forums/showthread.php/136942-I-have-a-little-list?highlight=list


Hurry up and go Tits up so I can start venting and purgin

Comrade Ho lee fook

aka Stefavananov

[Brian d marge]

and someone else has been banging on about it for years

RIP Mr Benn

<iframe width="420" height="315" src="//www.youtube.com/embed/ETqOvBKnKdk" frameborder="0" allowfullscreen></iframe>

Bokanovsky alpha plus

aka Stefan

[avgas]

In order to obtain and hold power, a man must love it.

LEO TOLSTOY, The Kingdom of God Is Within You


So it looks like we should have people in power whom don't want to be there. But I have been saying that for years.
Apparently I am quite insane - and I should just shut my mouth and vote for the lesser evil.
Like a good citizen.

[scrivy]

http://www.zerohedge.com/news/2014-03-21/petrodollar-alert-isolated-west-putin-prepares-announce-holy-grail-gas-deal-china

http://www.zerohedge.com/news/2014-03-22/china-takes-sides-sues-ukraine-3bn-loan-repayment

:eek5::eek5:

[oldrider]

I think you guys should get more rest! :sleep:

[mashman]

I think you guys should get more rest! :sleep:

THEY don't rest ;)

[Voltaire]

So time to swap my under the mattress US $ for Ruble and Renminbi or open an account at the HSBC....Hong Kong Shanghai Bank .....but Wiki says its British...oh well back to investing in BMW parts.:innocent:

[oldrider]

Share markets are constantly moving ... bullish today bust tomorrow ... it's the nature of the beast ... get used to it! :sweatdrop

[Brian d marge]

Share markets are constantly moving ... bullish today bust tomorrow ... it's the nature of the beast ... get used to it! :sweatdrop
and the fellas with the biggest ball and most capital and business acumen can succeed

where my tui

Just last week, how many were fined in England for fixing the reserve rate ? ( think it was the reserve rate) and the fines were ? 2/5th of not a lot , write those off as operating costs

http://www.theguardian.com/business/2013/dec/04/banks-braced-for-new-rate-rigging-fines-tesco-sales-slide-business-live


Stephen

[Oscar]

and the fellas with the biggest ball and most capital and business acumen can succeed

where my tui

Just last week, how many were fined in England for fixing the reserve rate ? ( think it was the reserve rate) and the fines were ? 2/5th of not a lot , write those off as operating costs


Stephen

You can't write off fines as a business expense (I know, I tried to write off my parking tickets).

[Brian d marge]

You can't write off fines as a business expense (I know, I tried to write off my parking tickets).
technically no , you are right , but if the parking ticket is going to make you MORE money ya take the ticket

an example: after a 20 billion dollar fine.

JPMorgan's legal travails have not threatened the bank financially. While steep legal fees did weigh on the bank's bottom line, JPMorgan still reported annual 2013 profits of $17.9 billion. And while other bank chief executives stumbled during the financial crisis, Mr. Dimon never did, emerging from the wreckage even more powerful.


IMHO Fines are just the governments way of getting its cut,

Stephen

[oldrider]

No matter how grave the situation is around the world, banks never miss out ... they always come out on top, they are a law unto themselves for themselves! :stoogie:

[scrivy]

I can't believe the amount of sheeple in this world.
Who really believes we're (the world is) coming out of a recession?? Empty shops, increasing unemployment, austerity measures, prices going up, world chaos......

This is a great explanation of corporatism and corruption.
http://www.marketoracle.co.uk/Article44946.html

There's gunna be a shit fight soon....

Hope I've had my heart attack and am gone before shit hits the fan.

I pity my kids futures......

[Oscar]

I can't believe the amount of sheeple in this world.
...

I can't believe the number of pompous twats in this world who call people sheeple because they think they're intellectually superior and can't figure out why they're still complete losers...

[scrivy]

I can't believe the number of pompous twats in this world who call people sheeple because they think they're intellectually superior and can't figure out why they're still complete losers...

Oh, now you've hurt my feelings...... :weep:

By sheeple, you know I mean all the people that believe every word the mainstream media say.
Unfortunately thats just not the truth.

As I alluded to with the article, times are somewhat different to the medias/governments portrayal of the situation.

I had a conversation with my bank manager not too far back, and he said the same - "there will be a massive 'correction' coming. Best hunker down for it."

Oh, I don't think I'm pompous either.... if you've seen me, you'll know I don't give a rats ass about appearances, and I don't drink with my little finger raised either..... But you're right, I have lost a few races...... :weep:

[Oscar]

Oh, now you've hurt my feelings...... :weep:

By sheeple, you know I mean all the people that believe every word the mainstream media say.
Unfortunately thats just not the truth.

As I alluded to with the article, times are somewhat different to the medias/governments portrayal of the situation.

I had a conversation with my bank manager not too far back, and he said the same - "there will be a massive 'correction' coming. Best hunker down for it."

Oh, I don't think I'm pompous either.... if you've seen me, you'll know I don't give a rats ass about appearances, and I don't drink with my little finger raised either..... But you're right, I have lost a few races...... :weep:

Er...perhaps I went off a bit hard.
There are those here who use the word "sheeple" to describe the average working stiff who just happens to disagree with their wacko theories (theoeries such as: dispensing with money as a unit of exchange, and the 911 drongos) It's just intellectually lazy.
The use of terms like "sheeple" do tend to make you look like you're trying to place yourself above the herd, but in your case I'll assume you were directing at a specific instance.

My apologies for hurting your feelings.

[nodrog]

I think you cunts just need to chill out with Ken for a bit.

[scrivy]

The use of terms like "sheeple" do tend to make you look like you're trying to place yourself above the herd, but in your case I'll assume you were directing at a specific instance.

My apologies for hurting your feelings.

Above the herd?? I've been told I'm a bottom feeder...... Don't know why....? :bleh::bleh::facepalm:

Nah, my feelings have been hurt for years....... Doc says I can't do fuck all about them..... :facepalm:

[mashman]

Er...perhaps I went off a bit hard.
There are those here who use the word "sheeple" to describe the average working stiff who just happens to disagree with their wacko theories (theoeries such as: dispensing with money as a unit of exchange, and the 911 drongos) It's just intellectually lazy.
The use of terms like "sheeple" do tend to make you look like you're trying to place yourself above the herd, but in your case I'll assume you were directing at a specific instance.

My apologies for hurting your feelings.

Helllllooooooo dear friend. You rang.

Calling someone a sheeple has nothing to do with my wacko theory. So you're wrong.
Intellectually lazy is accepting and defending what is despite evidence to the contrary (be it anecdotal or not) and then pissing on any alternative because you know no better a.k.a. sheeple. They also don't recognise themselves as sheeple because they're about as pompous as you can possibly imagine. You are an amusing irrelevance. Oh, you're also a sheeple. (BTW, being sheeple does not mean that you are a lesser anything in any way shape or form... becha just don't understand that do ya).
:killingme... your projection is always amusing.

[bogan]

Intellectually lazy is accepting and defending what is despite evidence to the contrary (be it anecdotal or not) and then pissing on any alternative because you know no better a.k.a. sheeple.

So how are those million dollar hammers selling? Still a good idea is it? :shifty:

Intellectual laziness has nothing to do with what is and what is not, it has everything to do with the reasoning behind either though.

[nodrog]

Challenge the TINA ( there is no alternative ) .....

Good luck with that.

[mashman]

So how are those million dollar hammers selling? Still a good idea is it? :shifty:

Intellectual laziness has nothing to do with what is and what is not, it has everything to do with the reasoning behind either though.

Yup.

Which you have proven you are unwilling to test against your own methods using your own brain to get around any perceived issues. Instead you dismiss my knowing on the basis that 1 person can't give you the answers you seek. Highly amusing. I've got just over 6 years of thinking about this under my belt and despite the open invitation to prove me wrong, the best any of you can do is try to highlight a lack of knowledge in regards to the current financial system and destroy the message by destroying the messenger on that basis. That is an awesome display of intellectual laziness (propaganda 101) and you have done neither, in fact you have done what you claim that I have to you and have strengthened my resolve. :drinknsin

[bogan]

Yup.

Which you have proven you are unwilling to test against your own methods using your own brain to get around any perceived issues. Instead you dismiss my knowing on the basis that 1 person can't give you the answers you seek. Highly amusing. I've got just over 6 years of thinking about this under my belt and despite the open invitation to prove me wrong, the best any of you can do is try to highlight a lack of knowledge in regards to the current financial system and destroy the message by destroying the messenger on that basis. That is an awesome display of intellectual laziness (propaganda 101) and you have done neither, in fact you have done what you claim that I have to you and have strengthened my resolve. :drinknsin

So what exactly is the million dollar hammer business a front for? money printing, or taxation? We narrowed it down to one of the two by going through simple numerical examples; unless you want to try again for a third option?
The ironic thing is that I've demolished your plans within the bounds of a moneyless society, but you dismiss my logic as irrelevant because I prefer money to the tripe you're pushing.

[Oscar]

Helllllooooooo dear friend. You rang.

Calling someone a sheeple has nothing to do with my wacko theory. So you're wrong.
Intellectually lazy is accepting and defending what is despite evidence to the contrary (be it anecdotal or not) and then pissing on any alternative because you know no better a.k.a. sheeple. They also don't recognise themselves as sheeple because they're about as pompous as you can possibly imagine. You are an amusing irrelevance. Oh, you're also a sheeple. (BTW, being sheeple does not mean that you are a lesser anything in any way shape or form... becha just don't understand that do ya).
:killingme... your projection is always amusing.

Thank you, you proved my point excellently.

[Brian d marge]

Good luck with that.

dont worry Ive covered my arse a long time ago. One person cannot change the world but he can influence those he loves .

have gone beyond debating the nuts and bolts now , though if a question arises, such as this one When will things hit the fan. It leads to some reading for me and thats interesting. Reading a wonderful book at the moment " when money dies " about the Wiemar republic.

We all laugh and joke about the government , but the RBNZ is being quite responsible ( none of the shenanigans that America has been up to ! )

Yes there will be a correction IMHO , no I couldn’t say when i.e. September but when the "true" indicators start to have a life of their own , it will spiral in a very Greek way !

I dont want to be caught up in any of that mess. ( unless I am shopping for a big screen tv)


p.s off top of head , When a few aristros lost their heads a few years back in frog land. The gini was about 0.62 and bread was 15 sous or half a days wage for a skilled worker

we havent arrived at that point yet.

a good doco from bbc

Stephen

<iframe width="560" height="315" src="//www.youtube.com/embed/MRes1zks3DM" frameborder="0" allowfullscreen></iframe>

[mashman]

So what exactly is the million dollar hammer business a front for? money printing, or taxation? We narrowed it down to one of the two by going through simple numerical examples; unless you want to try again for a third option?
The ironic thing is that I've demolished your plans within the bounds of a moneyless society, but you dismiss my logic as irrelevant because I prefer money to the tripe you're pushing.

Stretch your mental legs. Put yourself in the position of wanting a NOW. There is always more than 1 or 2 or 3 or 4 options as one of the things I haven't thrown into the mix is that you get to re-write the rules of how your economy works... but I thought you'd figure that out for yourself, mainly under the premise that I thought, mistakenly, that you would put yourself into a position of wanting a NOW in order to find the real flaws. The only flaw there is and will ever be is people not wanting it or not taking part. Everything else is all but superfluous.
You've demolished absolutely nothing. It has nothing to do with what you claim to be your logic and preference for a financial system, you simply haven't put yourself in the position of weighing both sides. That is more than evident and given that you have a serious hard on for scientific method, how can you claim to debunk that which you clearly won't make an effort to understand. Not only that, you're dismissing that anyone other than me would want to live in an R.B.E. There are millions of people around the world who understand and want such a system. And you call yourself scientific? Pulease... logic and reason based on the so call demolition of 1 person's suggestions? You've got to be shitting me. As always, I remain open minded and ever full of hope that you'll take that step and question yourself against yourself.

[mashman]

Thank you, you proved my point excellently.

You've got nothing again.

[bogan]

Stretch your mental legs. Put yourself in the position of wanting a NOW. There is always more than 1 or 2 or 3 or 4 options as one of the things I haven't thrown into the mix is that you get to re-write the rules of how your economy works... but I thought you'd figure that out for yourself, mainly under the premise that I thought, mistakenly, that you would put yourself into a position of wanting a NOW in order to find the real flaws. The only flaw there is and will ever be is people not wanting it or not taking part. Everything else is all but superfluous.
You've demolished absolutely nothing. It has nothing to do with what you claim to be your logic and preference for a financial system, you simply haven't put yourself in the position of weighing both sides. That is more than evident and given that you have a serious hard on for scientific method, how can you claim to debunk that which you clearly won't make an effort to understand. Not only that, you're dismissing that anyone other than me would want to live in an R.B.E. There are millions of people around the world who understand and want such a system. And you call yourself scientific? Pulease... logic and reason based on the so call demolition of 1 person's suggestions? You've got to be shitting me. As always, I remain open minded and ever full of hope that you'll take that step and question yourself against yourself.

This ain't hogwarts, either you can prove you can pay off debt by the numbers (the rest of the world still works by the numbers remember), or you can't.

[Oscar]

You've got nothing again.

Au contraire mon ami - I've got lots.
I can make you carry on like a pompous, stupid git at will.

[mashman]

This ain't hogwarts, either you can prove you can pay off debt by the numbers (the rest of the world still works by the numbers remember), or you can't.

Considering I will be using the exact same mechanisms that currently exist, with the option of re-writing a few rules and million $ hammers... we'd be in a better position than most to be able to do just that things. I see you're too afraid to question yourself.


Au contraire mon ami - I've got lots.
I can make you carry on like a pompous, stupid git at will.

Pas le case mon frere,
Given that you can't stop yourself from doing that very thing, your projection will be welcomed to howls of laughter. You simply don't have that power.

[Oscar]

I know I am but what are you? I have nothing.

I translated for the group...

[bogan]

Considering I will be using the exact same mechanisms that currently exist, with the option of re-writing a few rules and million $ hammers...

Excellent, we eagerly await your articulation of what specific mechanisms will be used, and in what way. Be they Tax, Inflation, or something else...

[mashman]

Excellent, we eagerly await your articulation of what specific mechanisms will be used, and in what way. Be they Tax, Inflation, or something else...

:yawn:.............

[bogan]

:yawn:.............

Is it wizards then? I mean seriously, I've been trying to think of ways this could work, and it just can't. You must not know a way in which it could work either, otherwise you'd post it, surely? Unless of course you're a government shill just looking to discredit the no-money party, in which case, you're doing a bang-up job!

[mashman]

Is it wizards then? I mean seriously, I've been trying to think of ways this could work, and it just can't. You must not know a way in which it could work either, otherwise you'd post it, surely? Unless of course you're a government shill just looking to discredit the no-money party, in which case, you're doing a bang-up job!

Did you say seriously? Really? Walk a mile in the shoes of a person who knows that an R.B.E. will work and then we may be able to talk on an even footing. Until then, all you're doing is asking me about is the current financial system and not applying any form of scientific method (tui) to the alternative...and amusingly enough, NOW is a personal belief (or in my case fact, reason and logic under the umbrella of knowing). You may not like that, but you've done fuck all to assure me that you're worth listening to, let alone offering any form of argument against NOW that has any relevance to anything other than you. Yes, I realise that your perception is king, got no problems with that either, but you could try to put some form of effort into it... but you'd have to give a shit first.

[bogan]

Did you say seriously? Really? Walk a mile in the shoes of a person who knows that an R.B.E. will work and then we may be able to talk on an even footing. Until then, all you're doing is asking me about is the current financial system and not applying any form of scientific method (tui) to the alternative...and amusingly enough, NOW is a personal belief (or in my case fact, reason and logic under the umbrella of knowing). You may not like that, but you've done fuck all to assure me that you're worth listening to, let alone offering any form of argument against NOW that has any relevance to anything other than you. Yes, I realise that your perception is king, got no problems with that either, but you could try to put some form of effort into it... but you'd have to give a shit first.

I have the ability to put myself in somebody else's shoes thanks, and have done so. Yet I still cannot see a way this could work. I realise we differ in opinion on the sustainability due to our differing perceptions of human nature, but this is about the setup, and that has to be done within a transitional framework incorporating both financial (national debt and international property ownership) and rbe stuff. There is simply no way to get out of those obligations using million dollar hammer financial trickery.

[mashman]

I have the ability to put myself in somebody else's shoes thanks, and have done so. Yet I still cannot see a way this could work. I realise we differ in opinion on the sustainability due to our differing perceptions of human nature, but this is about the setup, and that has to be done within a transitional framework incorporating both financial (national debt and international property ownership) and rbe stuff. There is simply no way to get out of those obligations using million dollar hammer financial trickery.

Can NZ generate more money, without more money being invested in NZ from external sources? If the answer is yes, then you can play the system against itself. If the answer is no, then what the fuck are we working for?

[bogan]

Can NZ generate more money, without more money being invested in NZ from external sources. If the answer is yes, then you can play the system against itself. If the answer is no, then what the fuck are we working for?

Of course it can, through work invested in the economy; not through price manipulation of goods for an easy/quick gain.

[nodrog]

http://www.rootsimple.com/wp-content/uploads/2012/11/doomsday-preppers.jpg

[scrivy]

http://www.rootsimple.com/wp-content/uploads/2012/11/doomsday-preppers.jpg

Holy shit!!

I was peering through your window the other day Gordie, and saw you and your missus wearing those going hard at it...... :bleh:

P.S. Where's my Ken you promised?? You bringing it down in a few weeks??

[mashman]

Of course it can, through work invested in the economy; not through price manipulation of goods for an easy/quick gain.

If you don't divorce the concept of financial impact on human life, then NOW will not make sense to you. Separate the two systems and use the financial system to value the human activity that you want it to value, using the mechanisms currently available, in order to meet whatever bottom line you need it to be.

The final figure is all important. What comprises that final figure is entirely up to us.

It's nigh on impossible to explain if you can't split the two systems.


http://www.rootsimple.com/wp-content/uploads/2012/11/doomsday-preppers.jpg

For some reason that reminds me of the voice of Charlie Bron's teacher. phwhar, phwhar. phwhar phwhar phwhar, phwhar phwhar phwhar. Maybe I should become a dentist and train for the new language to come.

[bogan]

If you don't divorce the concept of financial impact on human life, then NOW will not make sense to you. Separate the two systems and use the financial system to value the human activity that you want it to value, using the mechanisms currently available, in order to meet whatever bottom line you need it to be.

The final figure is all important. What comprises that final figure is entirely up to us.

It's nigh on impossible to explain if you can't split the two systems.

I'm questioning your claim that million dollar hammers can pay off the debt; since that is your claim, it is you who has not divorced yourself from the financial system. Is it really that difficult for you to admit you were wrong?

[Oscar]

I'm questioning your claim that million dollar hammers can pay off the debt; since that is your claim, it is you who has not divorced yourself from the financial system. Is it really that difficult for you to admit you were wrong?

Since he doesn't have much of a clue about what he's raving about most of the time, the concept of wrong or right is probably difficult for him...

[mashman]

I'm questioning your claim that million dollar hammers can pay off the debt; since that is your claim, it is you who has not divorced yourself from the financial system. Is it really that difficult for you to admit you were wrong?

:facepalm: I knew it was a bit of an ask, but I thought I'd try anyway.

[bogan]

Since he doesn't have much of a clue about what he's raving about most of the time, the concept of wrong or right is probably difficult for him...

Yeh, I'm getting that impression too.

[Brian d marge]

http://www.rootsimple.com/wp-content/uploads/2012/11/doomsday-preppers.jpg

While I haven’t a Tactical vehicle or a shipping container 20 ft under the ground

I have sharpened my skill set. Run a few things ( what ifs ) and water seems to be the biggest problem

Remember, all Joking aside , we tend to have big earthquakes and they tend to be followed by massive waves

Earthquakes are VERY common here ,

After the last one , the very things that were in the link Britain’s blackout, happened here. Gasoline , water ,toilet paper , batteries all went from the shelf

Only have a dozen beers though, as I have been raiding it

Stephen

P.s A forest doesn’t need money,nor do the animals living in it. Strange that.

[mashman]

Yeh, I'm getting that impression too.

You have my sympathies.

[blue rider]

http://www.cbsnews.com/news/is-the-us-stock-market-rigged/

fun is to be had all around :)

[Brian d marge]

http://www.cbsnews.com/news/is-the-us-stock-market-rigged/

fun is to be had all around :)

naaaaaaaa of course it isnt

the Fed prints money , the banks deposit reserves on which the newly printed money is used to pay interest on ,

the banks loan (and now invest thanks to the removal of the seagal glass act ) this out at the fractional rate of nine or so to one.

this drives the stockmarket up and comodities down as well as the 10 year bond rate, Banks and china buy gold like its going out of fashion

the Fed "tapers" and BANG the stock market crashes and gold goes through the roof ,

Naaaa cant be rigged ,,, they have rules and stuff

Stephen

[Winston001]

I think you cunts just need to chill out with Ken for a bit.

While he's occupied I'll look after Barbie. Least a bloke can do. ;)

[scrivy]

the Fed prints money , the banks deposit reserves on which the newly printed money is used to pay interest on ,

the banks loan (and now invest thanks to the removal of the seagal glass act ) this out at the fractional rate of nine or so to one.

this drives the stockmarket up and comodities down as well as the 10 year bond rate, Banks and china buy gold like its going out of fashion

the Fed "tapers" and BANG the stock market crashes and gold goes through the roof ,


https://www.youtube.com/watch?v=Itn1P4KpZpU
In a nutshell..... most people have no idea....:yawn:

[Brian d marge]

https://www.youtube.com/watch?v=Itn1P4KpZpU
In a nutshell..... most people have no idea....:yawn:

an oldies but a goodie

surprised to see sharp 7 run a article ( I mean , not exactly the thinking mans TV !)

Stephen

[scrivy]

surprised to see sharp 7 run a article ( I mean , not exactly the thinking mans TV !)

Stephen
Exactly what I thought..... their viewers wouldn't have known or given a shit....
:rolleyes:

[puddytat]

Well these guys are running around as we speak....so cant be far off.

[scrivy]

Well these guys are running around as we speak....so cant be far off.

They forgot Global warming and Carbon Trading and ETS.... :weird:

[scrivy]

March 25th anyone? :shutup:

Maybe I was a month out????
http://www.infowars.com/usa-today-is-a-1987-type-market-crash-37-days-away/

[mashman]

Maybe I was a month out????
http://www.infowars.com/usa-today-is-a-1987-type-market-crash-37-days-away/

Funnily enough that crash was preceded by a recession too

Q1-1980
until
Q1-1981 ~1.25 years
(5 Qtr)[13] 4.6%[13]
5.8%[15]
5.9%[14] Cause - possibly monetarist government policies to reduce inflation ? See 1979-1983 Company earnings decline 35%. Unemployment rises 124% from 5.3% of the working population in August 1979 to 11.9% in 1984[16] Took 13 quarters for GDP to recover to that at start of 1980[10] Took 18 quarters for GDP to recover to that at start of recession.[12] (http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_Kingdom)

[Brian d marge]

Maybe I was a month out????
http://www.infowars.com/usa-today-is-a-1987-type-market-crash-37-days-away/

Good old Alex Jones

As I posted in the other thread, ages away, until I can go shopping.

The drift from centralized government hasnt taken hold , the GINI is only 0.32 and Governments still not so authoritarian, ( America is gearing up , England has seen flashes , NZ is usually 15 years behind England )

Though a war may speed things up, I could be a "conshi"

The NWO does indeed look like it may happen hahahahaaaa

I wonder if the beehive will be having a "fire sale on " BIG SCREEN" tvs

Stephen

[Voltaire]

Exactly what I thought..... their viewers wouldn't have known or given a shit....
:rolleyes:

I watched it..... not really sure how giving a shit would help :rolleyes:

I suppose I could give one and decide which bunch of self serving pollies my vote to.....seems wasted on Pisata Sam our local

bloke.

Gotta say this tread has had me looking at how the system works...... ekk

[scrivy]

I watched it..... not really sure how giving a shit would help :rolleyes:

I suppose I could give one and decide which bunch of self serving pollies my vote to.....seems wasted on Pisata Sam our local

bloke.

Gotta say this tread has had me looking at how the system works...... ekk

....and therein lies the problem.... imagine if everyone knew how this shit worked, the politicians couldn't lie to us, and we'd be far better off than we are now....

[Voltaire]

....and therein lies the problem.... imagine if everyone knew how this shit worked, the politicians couldn't lie to us, and we'd be far better off than we are now....

Going out on a limb here....is there an alternative? Mr Lenin and his mates did not really work out, or that Mao bloke.

I was in Shanghai on Business once .... and they had posters of that guy everywhere, we were taught he was the worst thing since Stalin.

[mashman]

Going out on a limb here....is there an alternative?

There always are. Instead of my broken record, I'll ask a question. What would you like an alternative to achieve?

[Brian d marge]

There always are. Instead of my broken record, I'll ask a question. What would you like an alternative to achieve?

Dont

Ive got the space for my TV all cleared and ready and there is only 34 ? days, I believe before Xmas
So the current system is fine and all is well carry on

To do my thing , In my time, an be beholdent to no one unless" I " choose to.

the current system is fine , but debt and greed has made it unworkable. Money ( not currency ) should be a store of wealth. Not to be erroded by the few to keep the many at bay.

When I was born I was given 2 things , Time and freedom. I like to keep those two thanks , even if they do have some string attached . ( energy input and responsibility )

Stephen

Ps bring back the tally stick

[mashman]

Dont

Ive got the space for my TV all cleared and ready and there is only 34 ? days, I believe before Xmas
So the current system is fine and all is well carry on

To do my thing , In my time, an be beholdent to no one unless" I " choose to.

the current system is fine , but debt and greed has made it unworkable. Money ( not currency ) should be a store of wealth. Not to be erroded by the few to keep the many at bay.

When I was born I was given 2 things , Time and freedom. I like to keep those two thanks , even if they do have some string attached . ( energy input and responsibility )

Stephen

Ps bring back the tally stick

WTF is a store of wealth? I've been searching for a definition and never seem to be able to find one... with any luck three will turn up at once.

[ellipsis]

WTF is a store of wealth? I've been searching for a definition and never seem to be able to find one... with any luck three will turn up at once.

...they will probably be closed due to a mall opening nearby...

[Voltaire]

There always are. Instead of my broken record, I'll ask a question. What would you like an alternative to achieve?


I went to the Soviet Union in 1988, Moscow and Leningrad, they all seemed pretty much like the rest of us despite what Ronald Regan was spouting.
Then on to London, same sort of deal there. One year was making 500 quid a week ( sparkie), next year out of work for months...
Europe seemed a better all round place socially but that's probably a result of two wars.
Never had the desire to go to the US, I gather that's much the same, rich and poor.
Seems to be a global problem and the labour/National 3 year flip flop does not really make much difference.
Currently its like the whole world is on the Titanic , some in first class, some in steerage....but its all going to end badly...global warming, Walmarts....etc:mad:
Fortunately I have a shed where I can play with old bikes and not think about it all too much.:baby:

[Brian d marge]

WTF is a store of wealth? I've been searching for a definition and never seem to be able to find one... with any luck three will turn up at once.
Wealth, my good man is the shyt load of home brew I have in my cupboard. Thats what wealth is

Stephen

the only time 3 turn up at once is on a pissing cold day in Stoke newington and even then they are full

[mashman]

I went to the Soviet Union in 1988, Moscow and Leningrad, they all seemed pretty much like the rest of us despite what Ronald Regan was spouting.
Then on to London, same sort of deal there. One year was making 500 quid a week ( sparkie), next year out of work for months...
Europe seemed a better all round place socially but that's probably a result of two wars.
Never had the desire to go to the US, I gather that's much the same, rich and poor.
Seems to be a global problem and the labour/National 3 year flip flop does not really make much difference.
Currently its like the whole world is on the Titanic , some in first class, some in steerage....but its all going to end badly...global warming, Walmarts....etc:mad:
Fortunately I have a shed where I can play with old bikes and not think about it all too much.:baby:

Funny that... people are people but the systems in place are used to define people as something other than people. You still didn't answer the question though ;)

Oh, and it'll end fine coz there's plenty of dickheads like me around :D


Wealth, my good man is the shyt load of home brew I have in my cupboard. Thats what wealth is

Stephen

the only time 3 turn up at once is on a pissing cold day in Stoke newington and even then they are full

So money is the cupboard. You're not gonna get much beer in there... and if one of 'em leaks you're really screwed.

[Voltaire]

Funny that... people are people but the systems in place are used to define people as something other than people. You still didn't answer the question though ;)

Oh, and it'll end fine coz there's plenty of dickheads like me around :D



Has anyone got the answer.

[mashman]

Has anyone got the answer.

Absolutely... the question was what would YOU like to see in an alternative. Not necessarily how it should work, but what the goals should be according to YOU.

[Brian d marge]

So money is the cupboard. You're not gonna get much beer in there... and if one of 'em leaks you're really screwed.
http://1.bp.blogspot.com/-oH6p0QqchRE/UoosNigHWKI/AAAAAAAACG0/tj4cG4CtueE/s1600/get+in+my+belly.gif



problem solved

Stephen

Storing wealth since ages ago

[mashman]

problem solved

Stephen

Storing wealth since ages ago

Wringing beer out of money. Interesting twist.

[Brian d marge]

Wringing beer out of money. Interesting twist.
its a percieved wealth

and will do me just fine

Stephen

[avgas]

I went to the Soviet Union in 1988, Moscow and Leningrad, they all seemed pretty much like the rest of us despite what Ronald Regan was spouting.
Then on to London, same sort of deal there. One year was making 500 quid a week ( sparkie), next year out of work for months...
Europe seemed a better all round place socially but that's probably a result of two wars.
Never had the desire to go to the US, I gather that's much the same, rich and poor.
Seems to be a global problem and the labour/National 3 year flip flop does not really make much difference.
Currently its like the whole world is on the Titanic , some in first class, some in steerage....but its all going to end badly...global warming, Walmarts....etc:mad:
Fortunately I have a shed where I can play with old bikes and not think about it all too much.:baby:
SSDD
Yeah I've been to NZ/Aus/Japan/China and now the U.S.
Doesn't matter which country you're in - money talks. Japan was the most balanced of the lot - even the Yakuza turn up in Toyota Crowns (nice ones though), next would be NZ/Aus. China and U.S. are the same thing now days. Rich people, poor people, government spying on you.
Poor in China were the hardest to see - make the poor in NZ/U.S. seem like they are living the dream. China poor means you have to half the clothes your wearing because your kids need clothes. Rice is an option when you can eat bugs. Also most of the poor in China are disabled in some way, or fake it just to get some money to eat.......either way that is the only thing that is stopping China literally taking over the whole world.

Walmarts are just a brand name. They literally operate the same as K-Mart, The Warehouse, Foodtown, Pack'n'Save, SuperCheap Auto...... It's very easy to point a finger at it, because its the biggest, but if it didn't exist one of the others would have stepped up. If you purchase pretty much anything normal these days - you're part of the problem.

[Voltaire]

SSDD
Yeah I've been to NZ/Aus/Japan/China and now the U.S.
Doesn't matter which country you're in - money talks. Japan was the most balanced of the lot - even the Yakuza turn up in Toyota Crowns (nice ones though), next would be NZ/Aus. China and U.S. are the same thing now days. Rich people, poor people, government spying on you.
Poor in China were the hardest to see - make the poor in NZ/U.S. seem like they are living the dream. China poor means you have to half the clothes your wearing because your kids need clothes. Rice is an option when you can eat bugs. Also most of the poor in China are disabled in some way, or fake it just to get some money to eat.......either way that is the only thing that is stopping China literally taking over the whole world.

Walmarts are just a brand name. They literally operate the same as K-Mart, The Warehouse, Foodtown, Pack'n'Save, SuperCheap Auto...... It's very easy to point a finger at it, because its the biggest, but if it didn't exist one of the others would have stepped up. If you purchase pretty much anything normal these days - you're part of the problem.

The Documentaries I have watched on Walmarts must have been made up then. :laugh:

[avgas]

The Documentaries I have watched on Walmarts must have been made up then. :laugh:
I'm not saying Walmart aren't bad.......just that they aren't alone and we don't seem to want to stop the mentality.

Ask any farmer or grower what they think about the price of goods at the local supermarket. Even in NZ the bullshit is thick.

[Voltaire]

I'm not saying Walmart aren't bad.......just that they aren't alone and we don't seem to want to stop the mentality.

Ask any farmer or grower what they think about the price of goods at the local supermarket. Even in NZ the bullshit is thick.

Yes that was on the news here for a while till the next newsy thing came along......got lots of no likes on Facebook too, the power of the internet:rolleyes:

The French are the ones who know how to protest, 35 hour weeks, long lunches, nice food.....

[scrivy]

:shifty::shifty:http://www.shtfplan.com/headline-news/trend-analyst-yes-there-will-be-riots-in-major-cities_04062014:shifty::shifty:

[Voltaire]

Those are guys who build these...
http://www.prepperforums.net/forum/preppers-retreat-lodge/2968-ideas-diy-underground-bunker.html

[scrivy]

Those are guys who build these...
http://www.prepperforums.net/forum/preppers-retreat-lodge/2968-ideas-diy-underground-bunker.html

Yeah, I've never aspired to be one of 'them', but I now believe we're heading down that path.... shit will get real, the global economy is too indebted, and things are going pear shape....
:facepalm:

Wanna come around to my place and drink ourselves silly......???:shifty::shit:

[oldrider]

Yeah, I've never aspired to be one of 'them', but I now believe we're heading down that path.... shit will get real, the global economy is too indebted, and things are going pear shape....
:facepalm:

Wanna come around to my place and drink ourselves silly......???:shifty::shit:

That is the hope that every government holds for it's people! .... It makes their job so much easier and more (self) rewarding! :niceone:

[Voltaire]

Yeah, I've never aspired to be one of 'them', but I now believe we're heading down that path.... shit will get real, the global economy is too indebted, and things are going pear shape....
:facepalm:

Wanna come around to my place and drink ourselves silly......???:shifty::shit:

Snap out of it man. :rolleyes:
Keep some beers in the fridge for 28 July 2014.

[scrivy]

Snap out of it man. :rolleyes:
Keep some beers in the fridge for 28 July 2014.

Just being a realist..... Just being a realist..... :weep:

My daughter asked me the other day, "how can countries just keep printing more money?"
If she questions it, so should citizens....:wacko:

[mashman]

My daughter asked me the other day, "how can countries just keep printing more money?"
If she questions it, so should citizens....:wacko:

They do question it... well, they regurgitate whatever their generation was taught. Some economics students from Manchester University disagree with the sillybus. (http://www.theguardian.com/business/2013/oct/24/students-post-crash-economics)

[Brian d marge]

And thoughti was nuts to buy a samick sage 40 lb recurve and start storing food and water
Doesnt matter if it doesnt go tits up but if i fell of my bike and took a hit in salary the food would save a bit of money

Stephen
Anyone want to go shopping when shtf

Sent from my SC-01F using Tapatalk

[Brian d marge]

http://m.bbc.com/news/world-europe-26931814


One


Damn that scarlet pimpernel

Sent from my SC-01F using Tapatalk

[Brian d marge]

http://voiceofrussia.com/2014_04_04/Russia-prepares-to-attack-the-petrodollar-2335/

Sent from my SC-01F using Tapatalk

[Voltaire]

Aren't the 110 Russians who own 35% of the wealth happy with their meagre lot?
http://www.rferl.org/content/russia-billionaire-wealth-inequality/25132471.html

[avgas]

Just being a realist..... Just being a realist..... :weep:

My daughter asked me the other day, "how can countries just keep printing more money?"
If she questions it, so should citizens....:wacko:
Best answer I have heard so far was this;
"WHAT?!!! WHY IS THE PRINTER BROKEN???!!!!"

Made me laugh.....then I realized that would be the only reason why money would stop being printed. That made me sad.

[oldrider]

Money printing and enterprise are continuous activities ... what is variable is the associated bullshit! :shifty:

[Brian d marge]

Wonder How much NZ is printing ?

RBNZ is pretty responsible as banks go

Stephen

[mashman]

Investor Marc Faber predicts a crash 'worse than 1987' (https://nz.finance.yahoo.com/news/investor-marc-faber-predicts-a-crash--worse-than-1987-234902385.html)

[Winston001]

Wonder How much NZ is printing ?

RBNZ is pretty responsible as banks go

Stephen

As at February 2014, the M0 notes and coins in circulation amounted to NZ$4,307,000.

Interestingly that is less than December 2013 which was NZ$4,350,000.

[Brian d marge]

As at February 2014, the M0 notes and coins in circulation amounted to NZ$4,307,000.

Interestingly that is less than December 2013 which was NZ$4,350,000.

What about m1 and 2

do you have a link for the above ?

Stephen

[Ocean1]

Investor Marc Faber predicts a crash 'worse than 1987' (https://nz.finance.yahoo.com/news/investor-marc-faber-predicts-a-crash--worse-than-1987-234902385.html)

Aye. And with a book on the same topic to sell he would predict that, wouldn't he? For the American market at that.

But then... http://www.stuff.co.nz/business/industries/9933533/NZ-share-apocalypse-unlikely-analyst

But Mint Asset Management equities portfolio manager Anthony Halls said there was little risk of a big crash on the NZX. He said New Zealand's strong sharemarket was supported by an improving economy.

"The market has performed well for a couple of years so on most measures it would be fair value. We don't think it's over-valued. "Earnings per share growth is coming through and we're not particularly worried,"



"In New Zealand the economy is priced for massive strength already, while in Australia it's priced for an economy that's a bit weaker than it was before," Tuck said.

[scrivy]

But Mint Asset Management equities portfolio manager Anthony Halls said there was little risk of a big crash on the NZX. He said New Zealand's strong sharemarket was supported by an improving economy.

"The market has performed well for a couple of years so on most measures it would be fair value. We don't think it's over-valued. "Earnings per share growth is coming through and we're not particularly worried,"


He says that on one hand, then the article says "A week of market mayhem has knocked almost $1 billion off the value of NZX-listed software stocks. Cloud accounting company Xero took the brunt of the punishment with $823 million knocked off the company's market capitalisation.... Xero, which in November rose to become the NZX's second-most valuable stock, has now drifted down to sixth place.... The drop will in some investors' views have only restored some sanity to the market... Xero has not been the only Kiwi technology stock to be buffeted about this week. Recent listing Wynyard Group fell 16 per cent and is 30 per cent off its record high. Fellow newbie SLI Systems shed 14 per cent and is 34 per cent off its high. The NZX's broader SciTech index is 17 per cent off the record it achieved on January 22."

So.... which is it....??? An improving economy with little risk of a crash, or will the technology stocks suffer a collapse??? The article is a joke.

[Ocean1]

He says that on one hand, then the article says "A week of market mayhem has knocked almost $1 billion off the value of NZX-listed software stocks. Cloud accounting company Xero took the brunt of the punishment with $823 million knocked off the company's market capitalisation.... Xero, which in November rose to become the NZX's second-most valuable stock, has now drifted down to sixth place.... The drop will in some investors' views have only restored some sanity to the market... Xero has not been the only Kiwi technology stock to be buffeted about this week. Recent listing Wynyard Group fell 16 per cent and is 30 per cent off its record high. Fellow newbie SLI Systems shed 14 per cent and is 34 per cent off its high. The NZX's broader SciTech index is 17 per cent off the record it achieved on January 22."

So.... which is it....??? An improving economy with little risk of a crash, or will the technology stocks suffer a collapse??? The article is a joke.

The former I'd say, the article did suggest "an improving economy with little chance of a crash" Where did it mention "technology stocks would suffer a collapse"?

He also said "The drop will in some investors' views have only restored some sanity to the market" which pretty well covered the articles' message. The fact that a single entity dealing in such intangibles took a dive and knocked "technology" stocks off their record high hardly constitutes the makings of a sharemarket crash.

[scrivy]

The former I'd say, the article did suggest "an improving economy with little chance of a crash" Where did it mention "technology stocks would suffer a collapse"?
I said "or will the technology stocks suffer a collapse?". He said there's little chance of a crash - but if the Tech stocks tumble, then that will start a bail out of the market, as per the Dot.Com era... which will lead to a crash...

He also said "The drop will in some investors' views have only restored some sanity to the market" which pretty well covered the articles' message. The fact that a single entity dealing in such intangibles took a dive and knocked "technology" stocks off their record high hardly constitutes the makings of a sharemarket crash.
Agreed, but to newbies and investors with little buffering capacities, they will see the market as starting its decline, which will start the sell off....

That's all I meant about his remarks "Little chance of a crash..." No one can predict a crash, but there are warning signs out there that people should be weary of.... To say there's 'little chance' is like saying to kids, eat as much candy as you want, you won't get fat......:shifty:

[Ocean1]

Agreed, but to newbies and investors with little buffering capacities, they will see the market as starting its decline, which will start the sell off....

That's all I meant about his remarks "Little chance of a crash..." No one can predict a crash, but there are warning signs out there that people should be weary of.... To say there's 'little chance' is like saying to kids, eat as much candy as you want, you won't get fat......:shifty:

Which is why investors with little buffering capacity should probably stick to low risk investments. However, as long as they don't stick their hand in my pocket when it turns to custard what they do with their hard earned cash is nothing to do with me. Nor will the market crash from a position where stock prices are driven by clearly defined returns, which is what Halls suggested is largely the current situation.

I think that's THE key indicator of an imminent crash: Stock prices based on growth in stock prices. It's been a factor evident immediately prior to most historic crashes, including the recent sub-prime loan driven fiasco. Which begs a comparison to NZ's property prices: Bureaucratic meddling with supply has created an artificial boom, based on nothing more than the lack of supply driving prices up. When prices are closer to, say 10 times annual rent then they'll be about right.

[scrivy]

Which is why investors with little buffering capacity should probably stick to low risk investments. However, as long as they don't stick their hand in my pocket when it turns to custard what they do with their hard earned cash is nothing to do with me. Nor will the market crash from a position where stock prices are driven by clearly defined returns, which is what Halls suggested is largely the current situation.

I think that's THE key indicator of an imminent crash: Stock prices based on growth in stock prices. It's been a factor evident immediately prior to most historic crashes, including the recent sub-prime loan driven fiasco. Which begs a comparison to NZ's property prices: Bureaucratic meddling with supply has created an artificial boom, based on nothing more than the lack of supply driving prices up. When prices are closer to, say 10 times annual rent then they'll be about right.

Nice post. Spot on!

[mashman]

Aye. And with a book on the same topic to sell he would predict that, wouldn't he? For the American market at that.

But then... http://www.stuff.co.nz/business/industries/9933533/NZ-share-apocalypse-unlikely-analyst

But Mint Asset Management equities portfolio manager Anthony Halls said there was little risk of a big crash on the NZX. He said New Zealand's strong sharemarket was supported by an improving economy.

"The market has performed well for a couple of years so on most measures it would be fair value. We don't think it's over-valued. "Earnings per share growth is coming through and we're not particularly worried,"



"In New Zealand the economy is priced for massive strength already, while in Australia it's priced for an economy that's a bit weaker than it was before," Tuck said.


Yeah, what happens in America stays in America :facepalm:.

[Ocean1]

Yeah, what happens in America stays in America :facepalm:.

Yeah, mostly.

But, y'know, whatever...

296091[

[mashman]

Yeah, mostly.

But, y'know, whatever...

heh... love the cartoon. I didn't realise how good I look in a sandwich board.

[Winston001]

What about m1 and 2

do you have a link for the above ?




Reserve Bank http://www.rbnz.govt.nz/statistics/tables/c1/


Here's some more data: http://www.tradingeconomics.com/new-zealand/money-supply-m3

It gets confusing referring to M1 and M2 because those money supply measures expand to include bank deposits and easily convertible securities. Which is why I used M0 being the narrowest and measuring the actual notes and coins on issue.

From Wikipedia: "It is easy to confuse the amount of spending money in the economy with the amount of money in the economy."

[Brian d marge]

Thank you when i get home ill have a look
My feeling is the rbnz is usually responsible with the cards they have been dealt

Sent from my SC-01F using Tapatalk

[scrivy]

Hmmmm....................
http://www.stuff.co.nz/business/money/9959525/NZ-bubble-going-to-burst

[scrivy]

More news that things aren't getting better....
http://www.infowars.com/two-more-victims-of-the-retail-apocalypse-family-dollar-and-coldwater-creek/

[Naki Rat]

Hmmmm....................
http://www.stuff.co.nz/business/money/9959525/NZ-bubble-going-to-burstAnd if he is correct in claiming that NZ's agriculture only accounts for 5.1% of our GDP that seems a meagre return for the environmental cost of the dairy industry.

[Ocean1]

Hmmmm....................
http://www.stuff.co.nz/business/money/9959525/NZ-bubble-going-to-burst

Yes.

Is he what we should accept as an experienced authority?

Does his data reveal any inherent bias?...

http://www.forbes.com/sites/jessecolombo/2014/04/17/12-reasons-why-new-zealands-economic-bubble-will-end-in-disaster/

I can think of just one reason someone would use historic house prices uncorrected for inflation, for example.

Well, two.

Incompetence, is the charitable one.

[Indiana_Jones]

"Colombo says the economic bubble will pop here as a result of rising interest rates, which will put pressure on the country's property and credit bubbles."

If people are getting $500,000+ mortgages for tiny houses in Auckland, someone is going to get burnt.

-Indy

[mashman]

Hmmmm....................
http://www.stuff.co.nz/business/money/9959525/NZ-bubble-going-to-burst

Gets me all drippy like.

[scrivy]

Gets me all drippy like.

??? WTF??? Crusty knickers, pre-cum??? What??

[mashman]

??? WTF??? Crusty knickers, pre-cum??? What??

All of the above :blip:

[Voltaire]

When they go on a Rockstar Economy are they referring to the 'Johnny" in the Bad Company song Shooting Star.

some of the comments are good/funny.

So will the Labour/_______ coalition get the mess to tidy up?

[oldrider]

So will the Labour/_______ coalition get the mess to tidy up?

Thats akin to throwing petrol on a fire to put it out but it "is" a very Kiwi way of doing things, watch this space! :wacko:

[ellipsis]

...I heard a large crash earlier...I thought it may have been it, but it was just a stock-truck dropping its ramp...

[Ocean1]

And if he is correct in claiming that NZ's agriculture only accounts for 5.1% of our GDP that seems a meagre return for the environmental cost of the dairy industry.

Not sure where he's getting his numbers from... http://www.stats.govt.nz/browse_for_stats/economic_indicators/NationalAccounts/Contribution-to-gdp.aspx
He's not far off.

By his own definition he's in the business of commenting on the bursting of economic bubbles, and making money in doing so requires bankable opinion quite different from that required to accurately define them. In short, if he's that good at predicting market fluctuations he'd be wealthy enough not to have to write about them.

And nobody's yet introduced that age old adage about weather forecasting having been invented purely to make economists look less bad.

The big fact he does have is NZ's overpriced housing, and his prediction based on that is directly taken from the US housing market collapse, as he said. But NZ's private debt hasn't been re-wrapped and on-sold until it's no longer recognisable. Nor can NZ homeowners simply walk away from their negative-equity problems with impunity as did a high percentage of US debtors.

Nonetheless, our debt is driven mostly by house prices, and most of us have been worried about that for a while. But as I've said before; if new houses were more readily available and their prices more closely aligned with their material and labour contents then second hand house prices wouldn't be where they are now. The market is being dominated by monopolies and bureaucratic interference. Like so: http://www.stuff.co.nz/business/money/9944808/Council-rules-boost-property-prices-English

[Ocean1]

"Colombo says the economic bubble will pop here as a result of rising interest rates, which will put pressure on the country's property and credit bubbles."

If people are getting $500,000+ mortgages for tiny houses in Auckland, someone is going to get burnt.

-Indy

As they deserve to. And as long as the consequences of individual financial mistakes are limited to that individual then everyone else will be fine.

And I see the cavalry have arrived: http://www.stuff.co.nz/business/industries/9960411/Minister-bursts-analysts-bubble

Infometrics managing director Gareth Kiernan said Colombo had picked out all the high-risk metrics he could find to build an "end of the world scenario".

If his predictions ever came to pass then the economy would be in trouble, but no one was really forecasting that to happen, he said.

"You would need a bit of a catalyst to kill off the housing market so sharply and I don't think, given the outlook for economic growth over the next few years, a lift of a couple of percentage points in interest rates is going to do that."

[Tazz]

But as I've said before; if new houses were more readily available and their prices more closely aligned with their material and labour contents then second hand house prices wouldn't be where they are now. The market is being dominated by monopolies and bureaucratic interference. Like so: http://www.stuff.co.nz/business/money/9944808/Council-rules-boost-property-prices-English

Be nice if they made better use of the land they are putting new houses on too. The stupid subdivisions that look pretty with winding roads, trees and grass strips down the middle of the road which lead to odd shaped sections accommodation single story structures that are mass designed (so just plonked where they fit) not making decent use of indoor or outdoor space any where near efficiently. You could fit two or 3 well thought out appartments on that land and still live comfortably, as well as have a much smaller mortgage in comparison.
People who buy into those shitty houses are their own worst enemies and are feeding the problem.

'But I need a backyard for my dog or kids!' you say, ignoring the park just down the road with the awesome playground (NZ has some wicked playgrounds) or the fact you are surrounded by some of the best country in the world to get out amongst, or the fact you have some massive ass farm dog that you're trying to live in the city with and are to lazy to exercise properly...sigh.

/rant :laugh:

[Indiana_Jones]

I see the banks have been quick to pass on the OCR increases for loans.....but the interest rate for my savings has not gone up (and doubt it will any time soon) :rolleyes:

-Indy

[mashman]

Systemic global risks today may be greater than before the Lehman crisis, the BIS warns, as debts have risen. Across the developed world, the average combined public and private debt ratio is at 275 per cent of GDP, compared with 250 per cent in 2007. And no less than two fifths of new syndicated loans are now sold to dodgy ‘sub-prime’ borrowers, the BIS adds — above the pre–Lehman high.

‘I would be extremely wary of stock markets right now,’ says Professor Michael Dempster, co-founder of the Centre for Financial Research at Cambridge University. ‘The last crisis was caused by cheap money and it’s happening again via QE, which is very, very worrying. QE started as a way of priming the pump, but no one knows how to turn it off without causing financial havoc.’

‘Derivatives are now all about playing games, creating confusion to hide losses,’ Dempster says. Total global derivatives outstanding currently amount to $620 trillion, he calculates, a jaw-dropping ten times global GDP and back above the pre–Lehman total. (http://www.spectator.co.uk/features/9271191/back-to-the-brink/)

I know how to turn it off without causing financial havoc. Must be a bunch of dumb fucks running the show... which to be fair goes without saying. Then again I guess it shows just how dumb people are by allowing these sorts of things to happen :D

[Woodman]

I know how to turn it off without causing financial havoc. :D


How?

ftcr

[mashman]

How?

ftcr

One of a few ways. The easiest way is the usual ditching of the financial system (or at least leaving it as a shadow to produce financial figures)... but in the spirit of bringing myself down to Earth and putting myself in the position of your common garden financial system dependent fuckknuckle, the financial way is pretty simple too. Quite simply write off the BIG bad debt (not yours or my loans etc...) but the debt that's crippling country's... and then decide that there is no such thing as debt. You can keep printing as much money as you like and should you wish, be able to remove interest entirely. Greed can continue without affecting anything in particular, as can consumerism with all of the new money available, and any shite debt can get written-off.

Given that the entire financial system is based on nothing more than printing money and having the confidence to back that printed money against something, it's not a giant leap of the imagination to implement so long as confidence remains, which it should as no one will be losing anything at all... not even the banks as they can always print as much debt, I mean money, as they write-off.

[Brian d marge]

Dont worry its all being taken care off

[carbonhed]

So I suppose everybody is shorting stocks furiously in the sure and certain knowledge that they'll be rich as Croesus in a matter of days now?

[Ocean1]

So I suppose everybody is shorting stocks furiously in the sure and certain knowledge that they'll be rich as Croesus in a matter of days now?

What? Put their money where their mouth is? This lot?

Fuck off, they didn't get where they are today...

[carbonhed]

What? Put their money where their mouth is? This lot?

Fuck off, they didn't get where they are today...

I thought that in the echo chamber of idiots they DID get exactly where they are today... ?

[Jantar]

So I suppose everybody is shorting stocks furiously in the sure and certain knowledge that they'll be rich as Croesus in a matter of days now?
I hope so. I'm buying at present ;)

[Brian d marge]

What? Put their money where their mouth is? This lot?

Fuck off, they didn't get where they are today...
i have . .bought gold


not paper but actual . .any spare money i get i give to misoho bank . .i know at the moment im being raped but i think i will be ok later

[Brian d marge]

I hope so. I'm buying at present ;)
if u buy and sell quick you will be fine
if they keep qe then all is good
but look at japan , .

brave sir robin

[Ocean1]

I thought that in the echo chamber of idiots they DID get exactly where they are today... ?

Correct. Those three dots were the sound of my tongue colliding with my cheek.

Even professional economists aren't usually more wealthy than most. What does that tell you about the likely veracity of the local chicken little set predictions?

[Swoop]

Shares have been fucking AWESOME during 2014!

A nice healthy profit indeed.

[mashman]

Shares have been fucking AWESOME during 2014!

A nice healthy profit indeed.

At least we know where all of the QE goes. Wonder what'll happen when they drop QE.

[carbonhed]

Shares have been fucking AWESOME during 2014!

A nice healthy profit indeed.

Yeah, yeah... but there's still bigger than twenty days to go for it all to unravel!

It has been foretold... admittedly by fuckwits but they're bound to be right one day... if only they could grapple with the wicked problem of timing... then they'd be loaded.

[Swoop]

It has been foretold... admittedly by fuckwits but they're bound to be right one day... if only they could grapple with the wicked problem of timing... then they'd be loaded.

They are fuckwits for a reason...

[Ocean1]

They are fuckwits for a reason...

Yeahbut, I worry.

I mean there was a time when fuckwits mostly didn't breed, y'know?

And now that Darwin's been suspended they all think their opinion is as good as the next man's.









:laugh::laugh::laugh::laugh::laugh::laugh::laugh:: laugh::laugh::laugh::laugh::laugh::laugh::laugh:

[SPman]

Shares have been fucking AWESOME during 2014!

A nice healthy profit indeed. Makes you wonder.........The derivatives exposures of four American banks exceed by several times the world GDP. There is no way these exposures are covered by the banks’ capital or by their depositors deposits. Yet they are still paying themselves big bonuses and touting how great they are.
US business investment consists of corporations repurchasing their own stocks. Stock prices are soaring on the back of it, so, make the most of it, because sure as eggs, it's going to come tumbling, sooner rather than later. Just depends how long everyone can keep their balls in the air........:facepalm:

[pete376403]

Makes you wonder.........The derivatives exposures of four American banks exceed by several times the world GDP. There is no way these exposures are covered by the banks’ capital or by their depositors deposits. Yet they are still paying themselves big bonuses and touting how great they are.
US business investment consists of corporations repurchasing their own stocks. Stock prices are soaring on the back of it, so, make the most of it, because sure as eggs, it's going to come tumbling, sooner rather than later. Just depends how long everyone can keep their balls in the air........:facepalm:

Read a good book about this recently - "all the devils are here" Bethany McLean, on the origins of the GFC. Although not mentioned in the book, other sources indicate our very own prime minister had a minor role, while working for Merril Lynch.

[buggerit]

Yeahbut, I worry.

I mean there was a time when fuckwits mostly didn't breed, y'know?

And now that Darwin's been suspended they all think their opinion is as good as the next man's.
:

How is the family?<_<

[Woodman]

Economists predict ten out of every one recessions.

[Winston001]

Makes you wonder.........The derivatives exposures of four American banks exceed by several times the world GDP. There is no way these exposures are covered by the banks’ capital or by their depositors deposits.

Yes it seems weird. If all the copper derivatives were actually perfomed, there isn't enough copper on the planet to deliver. But what actually happens is each buy contact is covered by a sell contract and the tiny margin in between is where the banks make their money. Incidentally the derivative contracts are created by banks - the buying and selling is done by traders in other organisations.

Where it goes wrong is when there is an unexpected event and the bank hasn't covered itself.

The other relevant problem is that merchant banks in the US (and maybe Europe, UK these days) can lend money and act as if they were accredited banks. Ronald Regan allowed this change in 1982 and the GFC is the result.



US business investment consists of corporations repurchasing their own stocks. Stock prices are soaring on the back of it, so, make the most of it, because sure as eggs, it's going to come tumbling, sooner rather than later. Just depends how long everyone can keep their balls in the air........:facepalm:

Mmm...don't think so. Companies only purchase their own shares when they do not have a better way to invest their earnings. Usually retained profis go to repay debt or to build new plant or as a bonus return to shareholders. Buying their own shares is a way of saying "our business is performing well and we expect it to get even better". Shareholders have to approve this and only do so if they can see future solidity.

[Ocean1]

How is the family?<_<

Solvent, thanks.

[Winston001]

At least we know where all of the QE goes. Wonder what'll happen when they drop QE.

Funnily enough Mashie you are correct. Classical economics predicts inflation when the money supply expands.

That has not happened. Why not?

The reason is that printing new money over the past six years by the major economies, has been soaked up by the void left by the worthless valuations of 2007. People have hunkered down and refused to sell or buy until there was enough money floating in the general economy to make them feel safe. Think of the new money as filling up a hole - it takes a long time.

From the 1929 Depression it took until 1960 for stock markets to recover and in fact they didn't boom until about 1970. Then there was the 1973 Oil Shock.

So 30 years of economic flatlining is not unusual and we might be in such a period right now.

[Brian d marge]

Funnily enough Mashie you are correct. Classical economics predicts inflation when the money supply expands.

That has not happened. Why not?

The reason is that printing new money over the past five years by the major economies, has been soaked up by the void left by the worthless valuations of 2007. People have hunkered down and refused to sell or buy until there was enough money floating in the general economy to make them feel safe. Think of the new money as filling up a hole - it takes a long time.

From the 1929 Depression it took until 1960 for stock markets to recover and in fact they didn't boom until about 1970. Then there was the 1973 Oil Shock.

So 30 years of economic flatlining is not unusual and we might be in such a period right now.
been saying that for a while now .


the qe money is not being lent to the high st banks are just sitting on it , expanding the base money at the expense of the high st

when or if that money hits the high st . . then we should see inflation trend skywards

btw i thought it was clinton who removed theglass stegal act

sorry on phone so difficult

[R650R]

From the 1929 Depression it took until 1960 for stock markets to recover and in fact they didn't boom until about 1970

Thanks to Vietnam and also the Cold War, nothing like a bit of conflict to generate spending, pity about the people though....
Looks like we're headed the same way now...

[scumdog]

Thanks to Vietnam and also the Cold War, nothing like a bit of conflict to generate spending, pity about the people though....
Looks like we're headed the same way now...

Others have said the same.

For quite a long time...

[mashman]

Funnily enough Mashie you are correct. Classical economics predicts inflation when the money supply expands.

That has not happened. Why not?

The reason is that printing new money over the past six years by the major economies, has been soaked up by the void left by the worthless valuations of 2007. People have hunkered down and refused to sell or buy until there was enough money floating in the general economy to make them feel safe. Think of the new money as filling up a hole - it takes a long time.

From the 1929 Depression it took until 1960 for stock markets to recover and in fact they didn't boom until about 1970. Then there was the 1973 Oil Shock.

So 30 years of economic flatlining is not unusual and we might be in such a period right now.

People aren't going to spend what they perceive that they don't have. Not saying that you don't have a point in regards to why QE isn't being seen, but I believe that we've created too much of an income disparity gap and that QE is propping up the part of the economy that the less affluent don't take a part in i.e. stocks/shares. The primary reason to do this, other than for "confidence" reasons, if that people aren't spending, so the "value" isn't trickling up as it used to do. Apparently that plays merry hell with value of a company. If they keep that economy going, which they can by simply pumping in more money, then the system will float. When that stops, well, if those who aren't spending still aren't spending, then there's going to be a bit of a mess. They need people to start spending again, even if they don't want stuff.

I believe that this is what the buffets, keisers, hedgefund managers, economists etc... are highlighting without trying to take the wind out of the markets sales (pun intended). Yup you're probably right, we're likely to be in the mire for some time.

[Brian d marge]

japan
the qe byatch
japan central will buy anything . .have a horse named shergar with only 3 legs ,dumb san is yer man

quite simply put money is leaving as the people hit their seventies

there needs to be a correctionas simple as that and it will be a doozie .

ok now will add to this later

[scrivy]

This'll be fun............

http://www.infowars.com/new-law-would-make-taxpayers-potentially-liable-for-trillions-in-derivatives-losses/

[mashman]

This'll be fun............

http://www.infowars.com/new-law-would-make-taxpayers-potentially-liable-for-trillions-in-derivatives-losses/

It doesn't matter... we can always print more money.

[scrivy]

It doesn't matter... we can always print more money.

I guess that's the Feds answer to the whole thing....

[mashman]

I guess that's the Feds answer to the whole thing....

:rofl:... why break a winning formula that's stood the test of time over the ages. If only it were just the Fed.

[Winston001]

It doesn't matter... we can always print more money.
People may not realise that the idea of the government making new money is a revolutionary idea. The classical Adam Smith model of economics held that there was no artificial expansion in the money supply and that hard times for ordinary people was normal. The Gold Standard made that certain. And cruel.

John Maynard Keynes proposed a brand new theory when he said that governments should spend, borrow, amd print money to ease people through times when they would otherwise lose their homes and starve. A very left wing socialist idea but it has been proven to work. Devalue the currency and never mind the gold reserves.

Franklin D Roosevelt's New Deal in the USA after the 1929 Great Depression is the poster child for Keynsian economics.

Those who argue against borrowing and printing money don't realise they are reverting to 19 century lassier faire economics which is brutal. Eat or die.

[Mike.Gayner]

Correct Winston. As they say, in the long run we're all dead. No sense in waiting for that.

But there's no convincing the average KB conspiracy nut.

[mashman]

People may not realise that the idea of the government making new moey is a revolutionary idea. The classical Adam Smith model of economics held that there was no artificial expansion in the moeny supply and that hard times for ordinary people was normal.

Maynard Keynes proposed a brand new theory when he said that governments should spend, borrow, amd print money to ease people through times when they would otherwise lose their homes and starve. A very left wing socialist idea but it has ben proven to work.

The New Deal in the USA after the 1929 Great Depression is the poster child for Keynsian economics.

Those who argue against borrowing and printing money don't realise they are reverting to 19 century lassier faire economics which is brutal. Eat or die.

Times change. New economic models are required.

He also said that we should be working a 15 hour week by now. Sounds like a sensible thing to expect for the future of ones economy. Ach I hate those left wing nonsense label things when talking about people's lives and quality of life.

I'm sure it fitted the times.

Really? We're suddenly going to go backwards because we've given up printing money? I don't think we will at all. I know that we will thrive in an environment where cooperation is required to maintain development. It's only brutal if it's an eat or die competition. 19th Century? nah, more like that which a real 21st century should be like.

[avgas]

The Documentaries I have watched on Walmarts must have been made up then. :laugh:
Wallmart is just full of people who graduated from Huntly/Gore College.

[Ocean1]

He also said that we should be working a 15 hour week by now.

And we would be, if we expected just the same standard of living.

But the fact is the standard of living has more than doubled since then.

And most don't work anywhere near as hard as their parents did.

[mashman]

And we would be, if we expected just the same standard of living.

But the fact is the standard of living has more than doubled since then.

And most don't work anywhere near as hard as their parents did.

Roobish. Absoloote roobish.

Access to more stuff. Yay, go us.

I care not.

[Ocean1]

Roobish. Absoloote roobish.

Access to more stuff. Yay, go us.

I care not.

Oh I dunno, you cared enough to break a new record in how to contradict yourself in the fewest possible words.

Access to more stuff is what defines a better standard of living, fool. And if you wanted the same items your grandparents had then you'd most certainly be doing a fucking sight less work to get them now than they did.

[mashman]

Oh I dunno, you cared enough to break a new record in how to contradict yourself in the fewest possible words.

Access to more stuff is what defines a better standard of living, fool. And if you wanted the same items your grandparents had then you'd most certainly be doing a fucking sight less work to get them now than they did.

What contradiction record have you decided that I have made this time?

Does it? Like I said, higher bar.

[scumdog]

Roobish. Absoloote roobish.

Access to more stuff. Yay, go us.

I care not.

So you'll be handing in your access to the internet then?

Seeing as how you care not about access to more stuff.

(Maybe this is one of those 'contradictions' mentioned by Ocean1??);)

[bogan]

So you'll be handing in your access to the internet then?

Seeing as how you care not about access to more stuff.

(Maybe this is one of those 'contradictions' mentioned by Ocean1??);)

Woah, woah, let's not get carried away. Start with the small stuff like lowing life expectancy back to the old timer's levels; wee sprinkle of lead on the old morning cornies should sort that out...

[Brian d marge]

And we would be, if we expected just the same standard of living.

But the fact is the standard of living has more than doubled since then.

And most don't work anywhere near as hard as their parents did.
http://tapatalk.imageshack.com/v2/14/12/12/49d2f49f514cfdd442b9122a876c576f.jpg

o really . .

you do know there has been a man on moon of late

[mashman]

So you'll be handing in your access to the internet then?

Seeing as how you care not about access to more stuff.

(Maybe this is one of those 'contradictions' mentioned by Ocean1??);)

Why? Someone made it. It's useful. So it's there to be accessed. It should be free.

:killingme... I see no contradiction.

[Ocean1]

So you'll be handing in your access to the internet then?

Seeing as how you care not about access to more stuff.

(Maybe this is one of those 'contradictions' mentioned by Ocean1??);)

Probably fits more with the hypocrisy thing mentioned by Ocean1.

But, y'know, he is a multi-fail opportunist, he can pack a dozen into a single sentence.

[Ocean1]

But, y'know, he is a multi-fail opportunist, he can pack a dozen into a single sentence.

And there y'go, right on cue:


Why? Someone made it. It's useful. So it's there to be accessed. It should be free.

:killingme... I see no contradiction.

[mashman]

And there y'go, right on cue:

Where?....

[SPman]

Duck And Cover——-The Lull Is Breaking, The Storm Is Nigh (http://www.lewrockwell.com/2014/12/david-stockman/duck-and-cover%e2%80%a8/) By David Stockman (http://www.lewrockwell.com/author/david-stockman/?ptype=article)

............

http://www.lewrockwell.com/2014/12/david-stockman/duck-and-cover%E2%80%A8/

[Winston001]

Times change. New economic models are required.


Really? We're suddenly going to go backwards because we've given up printing money? I don't think we will at all.


Keynesian modern economic theory is still the major school taught in economics. The others are the Classical school as from Chicago in the 1980s and the currently popular Austrian Neo-Classical school. Both of the latter disaprove of money printing and corectly so - the Weimar Republic and more recently Zimbabwe illustrate the foolhardiness of relying on currency expansion alone.

Keynes did not say print money without restraint - do it in a carefully controlled way. And its the government who spend it so the new money is used to help the people at the bottom. When they spend it trickles up.

The American freeway system was built by out of work labourers paid under the New Deal.

[husaberg]

Keynesian modern economic theory is still the major school taught in economics. The others are the Classical school as from Chicago in the 1980s and the currently popular Austrian Neo-Classical school. Both of the latter disaprove of money printing and corectly so - the Weimar Republic and more recently Zimbabwe illustrate the foolhardiness of relying on currency expansion alone.

Keynes did not say print money without restraint - do it in a carefully controlled way. And its the government who spend it so the new money is used to help the people at the bottom. When they spend it trickles up.

The American freeway system was built by out of work labourers paid under the New Deal.

When will the share market crash in 2014 better be soon if it is going to happen.

https://www.youtube.com/watch?v=bjQzJAKxTrE

[Brian d marge]

Keynesian modern economic theory is still the major school taught in economics. The others are the Classical school as from Chicago in the 1980s and the currently popular Austrian Neo-Classical school. Both of the latter disaprove of money printing and corectly so - the Weimar Republic and more recently Zimbabwe illustrate the foolhardiness of relying on currency expansion alone.

Keynes did not say print money without restraint - do it in a carefully controlled way. And its the government who spend it so the new money is used to help the people at the bottom. When they spend it trickles up.

The American freeway system was built by out of work labourers paid under the New Deal.
see my two links brother nate and ineam hosien . . hmmm

[mashman]

Keynesian modern economic theory is still the major school taught in economics. The others are the Classical school as from Chicago in the 1980s and the currently popular Austrian Neo-Classical school. Both of the latter disaprove of money printing and corectly so - the Weimar Republic and more recently Zimbabwe illustrate the foolhardiness of relying on currency expansion alone.

Keynes did not say print money without restraint - do it in a carefully controlled way. And its the government who spend it so the new money is used to help the people at the bottom. When they spend it trickles up.

The American freeway system was built by out of work labourers paid under the New Deal.

Every economic model offers stability, or at least stability for the greatest length of time possible before the implementation of a new economic model to greet a new economic environment. They all seem to think that there's an inherent issue with just printing more money because more money is needed. Yet that is exactly what they do, and what they have to do to keep a financial economy going. They just can't find the right model/mechanism to justify printing wads of cash without feeling the need to have to print associated debt, for some reason. Have we ever had a stock market economy backed financial system yet :blip:?

I wasn't saying that Keynes wanted to print money with gay abandon, shame no one heeded his words of caution... but I bet he knew that that was going to be the case. It only ever trickles up, back to its original owner .

Everyone loves a boom.

[Ocean1]

They all seem to think that there's an inherent issue with just printing more money because more money is needed.

That's because they mostly weren't proposed by raving fucking lunatics.

Printing money is instant inflation, it reduces the value of every asset in the economy and benefits only those wanting to borrow money at the low end of the market. Wanting to. Not needing to.

[mashman]

That's because they mostly weren't proposed by raving fucking lunatics.

Printing money is instant inflation, it reduces the value of every asset in the economy and benefits only those wanting to borrow money at the low end of the market. Wanting to. Not needing to.

:killingme... of course they weren't, they were proposed by indoctrinated slaves.

Yet the UK managed to print 350 billion quid and inflation didn't blip. As for inflation, deflation, hyperinflation etc... money problems yo.

[bogan]

Printing money is instant inflation, it reduces the value of every asset in the economy and benefits only those wanting to borrow money at the low end of the market. Wanting to. Not needing to.

Unless it is printed to combat deflation, as it should be; then shit be all g and plebs can keep borrowing with gay abandon.

[Ocean1]

:killingme... of course they weren't, they were proposed by indoctrinated slaves.

Yet the UK managed to print 350 billion quid and inflation didn't blip. As for inflation, deflation, hyperinflation etc... money problems yo.

In which case the extra money corresponded with extra assets.

That's what inflation means: consistent value of goods/services, you simply can't arbitrarily increase the quantity of currency without increasing asset value and not have inflation. I know you reckon it's limited only by the elite refusing to pull it out of some fairy's arse but you're wrong. Again.


Unless it is printed to combat deflation, as it should be; then shit be all g and plebs can keep borrowing with gay abandon.

Correct. In fact any time plebs borrow it with gay abandon it's associated with the asset securing that loan. Cash value = asset value: no inflationary pressure.

[danchop]

fuckin crashed for me in 2010,$172500 in that fuckin pike river fuckin mine....
thanks for fuckin reminding guys,youve made my sunday shit,gunna open a bourbon now

[Brian d marge]

That's because they mostly weren't proposed by raving fucking lunatics.

Printing money is instant inflation, it reduces the value of every asset in the economy and benefits only those wanting to borrow money at the low end of the market. Wanting to. Not needing to.
why is the inflation rate nearly zero and yet they are qe printing money like its going out of fashion then . hmhmhm

[Ocean1]

why is the inflation rate nearly zero and yet they are qe printing money like its going out of fashion then . hmhmhm


In which case the extra money corresponded with extra assets.

That's what inflation means: consistent value of goods/services, you simply can't arbitrarily increase the quantity of currency without increasing asset value and not have inflation.

An' more mfc

[Brian d marge]

An' more mfc

nice try

they are printing money , and yet the inflation rate is zero almost

aka japan......So

the cost of living should be through the roof

Stephen

[carbonhed]

Oooh, oooh the sharemarkets are crashing... in Russia, Brazil, India... Was that the way it was supposed to happen?

Vlad the Impaler finds his nuts in a vice. Man I LOL'd :laugh: Couldn't happen to a nicer chap.

[mashman]

In which case the extra money corresponded with extra assets.

That's what inflation means: consistent value of goods/services, you simply can't arbitrarily increase the quantity of currency without increasing asset value and not have inflation. I know you reckon it's limited only by the elite refusing to pull it out of some fairy's arse but you're wrong. Again.


Of course it does... at the bare minimum it's govt bonds that are plucked out of thin air to back money being printed out of thin air.

You lost me at consistent, coz, damn that's a beauty.

[Winston001]

In which case the extra money corresponded with extra assets.

...you simply can't arbitrarily increase the quantity of currency without increasing asset value and not have inflation.

Good man, you've solved the conundrum for me.

The answer to the "printing money but no inflation" puzzle is that the public and the media who tell us stuff simply have it wrong.

There is no vast overtime at the US Bureau of Engraving and Printing, nor at the Royal Mint, or at the Bourse. No squadges of loot being loaded into trucks.

The way Quantitative Easing is carried out is that the Federal Reserve grants federal bonds to banks and at the same time requiring the banks to pass over an equivalent amount of the bank's own paper assets. The nett effect is Zero money expansion but a significant strengthening of the banks balance sheets.

Exactly as Ocean says.

[Brian d marge]

Quantitative easing: http://youtu.be/ohKQP_wSO9k

the key word u used is paper . .see japan for the toxic shyt they have been buying

and can you see the problems . .

and inflation is ? the reduction of the purchasing power of ya dollar

look at at the purchasing power of the yen . . .120 at the mo or near abouts
oh and hows that stock market . ,

hmmmmmmm one wonders which banks have access to this cheap money

just some thoughts

[Winston001]

Japan is an odd case and only thrives because of the collective culture which absorbs hardship. Business failure on a public scale is not acceptable so the entire economy soaks it up. For that reason Japan has been in a kind of suspended economic recession since 1995. And is still the world's third strongest economy.

Gotta respect that hard as it must be on the salary-man.

[Brian d marge]

Japan is an odd case and only thrives because of the collective culture which absorbs hardship. Business failure on a public scale is not acceptable so the entire economy soaks it up. For that reason Japan has been in a kind of suspended economic recession since 1995. And is still the world's third strongest economy.

Gotta respect that hard as it must be on the salary-man.
yes but those economic fundimentals still apply........ without money being destroyed for example loan repayment the supply must increase and
the puchasing power of the currency is eroded
the example you gave is the reason why japan is still trading as most of the debt is held by the loyal locals and the repayment is still within japans means
if it , the cost of the debt hits 4% we are screwed
if the debt was held outside of japan the imf would be asset buying
now this bit im not 100% on the qe in japan due to its full employment is aimed at prices whereas in America its resource orientated how and why this is enacted im not sure

one thing is for sure qe is uncharted territory and thats not a good place to be in

[Ocean1]

Exactly as Ocean says.

Close.

Closer: http://www.financialsense.com/contributors/matthew-kerkhoff/qe-printing-money-inflation

"In speaking with investors I hear time and time again that the Fed's relentless printing of money is increasing the supply of dollars, which will result in massive inflation, if not hyperinflation. There are problems with this simplified line of reasoning.

It may come as a surprise, but when the Fed creates money, this new money does not increase the amount of money in the economy (there are some minor exceptions to be detailed later). Instead, the new money increases the size of the Fed's balance sheet. The impact to the economy has to do with the composition of the money supply only."

[Brian d marge]

Close.

Closer: http://www.financialsense.com/contributors/matthew-kerkhoff/qe-printing-money-inflation

"In speaking with investors I hear time and time again that the Fed's relentless printing of money is increasing the supply of dollars, which will result in massive inflation, if not hyperinflation. There are problems with this simplified line of reasoning.

It may come as a surprise, but when the Fed creates money, this new money does not increase the amount of money in the economy (there are some minor exceptions to be detailed later). Instead, the new money increases the size of the Fed's balance sheet. The impact to the economy has to do with the composition of the money supply only."
good link

ta for that

read down towards the end and as Ive pointed out
money on a balance sheet is destroyed when a loan is repaid
here we just have an liquidity swap .... someone's balance sheet is getting bigger

in this case the article points out that the fed is outside the economy..hmmmmmm is it ? one wonders ......

what is the make up of these assets the fed is buying is what Im thinking

another thing is that after 2008 (sorry.,....October 3, 2008, the Emergency Economic Stabilization Act) the fed started paying interest on the excess reserves it held , . .so a bank with cash whose sole purpose in life is to make profit through money movement
is going to sit on a pile of cash . ,

not

Also ... (snip)

QE has potentially severe implications for inflation, but not directly from the QE itself. Instead the inflation will come as a result of a dramatically increased total money supply resulting from bank lending. QE does enable more bank lending, but the lending must take place for the total money supply to grow. A follow-up to this column will examine bank lending in more detail. For now, I will leave it at this: Bank lending is dismal, which is why the total money supply has not increased as much as anticipated. The money which the Fed is making available for banks to lend is not being lent out, and is instead working its way into asset prices and accumulating in the reserve accounts of member banks. If and when that money begins to flow out as loans - then we will need to be acutely aware of inflation showing up on our doorstep.


Snip;
It's more accurate to say that the Fed is "creating" money, not printing it. And to this statement Bernanke will nod his head in agreement. When the Fed creates money, it does so digitally by increasing the balances of the reserve accounts that are held at the Fed by its member banks.

so you will see banks with more liquidity lending . as that tis what banks do . . .

Remember that chart.....

The blue area represents low liquidity money and credit (such as bonds, IRAs, 401Ks etc.) and the yellow area represents high liquidity money and credit - which is the portion of the total money supply that is immediately available for lending, investing or to chase goods and services.

hey hows that stock market
house price
yen
motorbike prices,.....
etc
hmm one wonders

Closest;

<iframe width="560" height="315" src="//www.youtube.com/embed/j2AvU2cfXRk" frameborder="0" allowfullscreen></iframe>

Stephen

[scrivy]

So......... is this the beginning?😕

[ellipsis]

..............
<iframe width="420" height="315" src="https://www.youtube.com/embed/VScSEXRwUqQ" frameborder="0" allowfullscreen></iframe>

[oldrider]

So......... is this the beginning?😕

It will thrash around like a rabbit with a weasel up it's arse just before it finally collapses so watch for wildly erratic patterns! - Then buy a new bike! :ride:

[sidecar bob]

So......... is this the beginning?😕

Fuck knows, but I did pretty mint out of the sharemarket since this thread started.
It's now in property & that's doing ok, so the sharemarket can do whatever it wants to now. :niceone:

[mashman]

It’s Not Coming It’s Here: Evidence For an Unstoppable Catastrophic Nightmare—There Is Zero Time Left! (http://beforeitsnews.com/economy/2015/08/its-not-coming-its-here-unstoppable-economic-crash-commencing-as-world-tumbles-into-stock-market-and-oil-crisis-2754390.html)