Higgenbotham's Dark Age Hovel

[aeden]

Not all ideas go all the way up to spawn as I was told in a meeting.
I suspected He was maybe short but did not really inflect what he was dealing with
as product dumping and imports as around that early to mid nintys so never really never cared into that segment flows.
Later one segment did was forwarded to my Local Senator and it moved upstream that was to take out 22000
workers in the States since some knew who and how they back doored it and did nothing.
As indicated stocks are for rent why did you marry that.
As of today 272 you may own are taking you and your culture simply out as these
hot money fools blindly and did aggregate. Mises what correct in the point of the three. The government or the market
as no third way exists.

[Higgenbotham]

https://fred.stlouisfed.org/series/GFDEBTN#

The second graph shows the log of the ratio of debt to GDP. Hopefully that's a better way to show the magnitude of the debt. One thing that's interesting is the log of the ratio of debt to GDP used to mostly fall during non recessionary periods. There was an exception to that during the 1980s. Since the year 2000, it seems the log of the ratio of debt to GDP can do nothing except hold steady or rise under any circumstances. But the other thing it shows is that since about 2013 the rise hasn't been so exponential.

[Higgenbotham]

Higgy,

When suicide bombing became a big thing, I tried to "get inside the mind" of a suicide bomber. I read many things, trying to understand. I was ultimately unsuccessful, I could never understand what made people do that. Sadly, I now find myself equally unable to get inside the mind of the radical progressive leftist. What makes these people tick? Is there a diagnosable illness? I just don't get it.

I don't know. The only thing I can say is that the majority of radical progressive leftists truly feel they are doing what's right.

> John has some good advice.

> I will just give a hypothetical example of how to handle this.

> GIRL: I went to the Anti-Trump demonstrations in 2017 and me and
> my Mom even got the Pussy hats to wear.

> YOU: Why did you go?

> GIRL: Because it was the right thing to do.

> YOU: You know, you seem to be very aware and I have a question for
> you. Do you think things are going to collapse under Trump?

> GIRL: Definitely. He is ruining everything. Nothing is being done
> about CO2 emissions and Global Warming.

> YOU: Right, think about this. If things collapse fast under Trump,
> and I think you are right, then the economy will stop working, and
> that will stop Global Warming, right?

> GIRL: I never thought about that.

> YOU: I mean, under Hillary things would have gone on as usual and
> the economy would be humming a lot longer and the CO2 would keep
> getting pumped into the air, but maybe a little less. But if we
> get a complete collapse because of Trump that will actually stop
> all the CO2 and stop Global Warming and humanity might actually be
> saved.

Lol!!

This was based on an actual conversation up to the point where she finished saying, "Because it was the right thing to do." I'm pretty confident the rest of it could have taken place.

[Higgenbotham]

Today the S&P made a new low for the move. I've covered 10% of my short. Once again, I think the market needs to start a good rally from here or it will be vulnerable to a flash crash. That's in the near term, between now and day end.

I won't be covering any more of my short unless we see much lower levels. The bubble is still too big for me to consider doing any more than that right here. I think, yes, there still could be a relief rally into opex week or something like that.

Back to 100 percent of my account short.

[Higgenbotham]

What's Trump's endgame with global tariffs? Canadian officials say they have a clearer idea
U.S. plans tariffs for April 2, and will then adjust for nations that play nice: Ontario representative
Benjamin Lopez Steven · CBC News · Posted: Mar 15, 2025 11:39 AM CDT | Last Updated: March 15

After a lengthy meeting with U.S. President Donald Trump's top trade officials on Thursday, Canadian representatives say they have a clearer understanding of the rationale behind Trump's insistence on tariffs — not just on Canada but on the whole world.

"Tariffs are now a global policy of the United States," said David Paterson, Ontario's representative in Washington. "And this is a historic change to global trading patterns, and [the Americans are] very aware of that."

Paterson, along with Ontario Premier Doug Ford, Canada's ambassador to the U.S., Kirsten Hillman, and federal cabinet ministers, met with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer — the point people on Trump's trade agenda.

In an interview on Power & Politics, Paterson told host David Cochrane that the Canadians and Americans had a 90-minute meeting and the first half-hour was "a master class" from Lutnick in breaking down the U.S. position on tariffs.

The focus of the U.S. government is dealing with its yearly deficit in federal spending, Paterson said. According to the U.S. Treasury Department, the federal government ran a $1.83 trillion US deficit in the 2024 fiscal year.

There are three things the U.S. government is doing that affect the deficit, Paterson added.

The first is a major budget resolution that calls for trillions of dollars in spending and tax cuts, which is "something that must not increase that deficit further while keeping tax levels and competitiveness low," Paterson said.

The other two are measures to help make the spending and tax cuts happen without growing the deficit, including slashing government spending through Elon Musk's Department of Government Efficiency and tariffs, which are meant to be a new revenue source and attract investment into the United States.

Paterson said the American plan is to impose tariffs by sector across countries all around the world on April 2. From there, the countries that get along with the U.S. the best will be "first in line" to adjust or mitigate the tariffs.

Following the Thursday meeting, Ford told reporters he feels like "the temperature is being lowered, the temperature's coming down" after the bilateral talks.

"This, I can honestly say, was the best meeting I've ever had coming down here. We want the best outcome for both countries. We're like a family — sometimes there's tension between families, but that was an extremely productive meeting. I'm feeling positive," the premier said.

https://www.cbc.ca/news/politics/trump- ... wtab-en-us

[vincecate]

Back to 100 percent of my account short.

Was wondering.

[Higgenbotham]

Do companies pass over students who seem “too good/smart”?

My good friend (21M) is a junior in chemical engineering right now and has been applying to a ridiculous amount of internships and co-ops because he hasn’t been getting any interviews. He is literally the smartest student in our program, this guy is a human calculator/dictionary/etc.. of course he has a 4.0 gpa. He’s also an officer for AIChE and is a chem-e car co-captain, which is a lot of work. He is an undergrad researcher at the college too. He actually does a great job with everything he’s involved in. He’s good with people, which I find interesting because usually people as smart as him are awkward. Like this nerd literally taught himself numerical methods over the summer for FUN.

It makes no sense why he hasn’t gotten at least a few interviews. He’s ridiculously intelligent, personable, organized, very hard working, has leadership skills and research experience. I just don’t understand why he isn’t being considered for jobs and it’s paining me to watch him lose hope in getting a job.

I already have an internship offer and he deserves one more than me. I also helped him work on his resume in the hopes that rewording it would make it scan better. He’s tried writing cover letters too.

The only thing I can think of is that maybe he’s one of those students who seems “too good” or “too smart” so companies assume he’ll just be going to grad school and isn’t a good choice for a program that prepares interns for a full time job.

I really want to help him but I don’t know what else to tell him at this point. Not trying to job hunt for him or get resume tips, I’m just at a loss. Any input at all is welcome and appreciated.

EDIT: Thank you guys so much for your help!! This has really helped clear up a lot of things for my friend and now he has a good idea of what to go moving forward. We both appreciate everything!

https://www.reddit.com/r/AskEngineers/c ... _seem_too/

This post is 5 years old, but anything along these lines written in the past 40 to 50 years would be applicable to the topic. It's a good post for illustration purposes because it got 157 responses, many from HR people and engineers who recruit. They mostly gave responses along the lines of what people would perceive as to "what's wrong with this guy" or "what this guy is doing wrong". Some examples I can recall are: he may be arrogant, he may not be well rounded, he may not have "soft skills", he may not be writing enough cover letters, etc.

The real reason this young person had not found a job yet is that we are in the maintenance phase of a declining civilization.

This young man almost certainly found a job doing the kind of maintenance in a declining civilization that suits his strengths; it's just that he hadn't applied to the right places yet. Nobody on Reddit offered him that advice. Somebody in high school who was in the grade behind me fit this description. He was the kind of nerd who took physics a year early, came into physics class with a calculator on his belt, and scored the highest on most of the exams in the class (I was in the class with him). At the same time, he was a very likable fellow and good looking on top of it. He went on to major in Chemical Engineering at Cornell. For the past 40 years, he has worked for one company. It's a private company that helps run a US government facility which produced nuclear weapons until the end of the cold war. The current activities are cleanup and storage of nuclear materials. From reading his LinkedIn profile, it indicates he has had important technical and management roles in this facility. Actually, I can only think of a couple people that I would judge to be equally well suited for this role. All of this nuclear waste is probably in good hands with him in there.

[aeden]

If/then @5860 was going to add more short but did add more.
The Senate is a lifeless waste as it spirals downwards allowing taxpayers
to be adultrated by thieving imbeciles.

Governments in rich countries are set to issue a record $17 trillion in bonds this year as the higher cost of refinancing existing debts continues to push their interest bills higher, the Organization for Economic Cooperation and Development said Thursday.

The debasment costs will erode higher up the food chain as the wasting soakes into more.
The Lower claaases are already ground to dust and blown away.
The reflation based lies as structual infaltion from the Keynasians will destroy even more and has.

[Higgenbotham]

when you look at the
18:56
big picture things haven't changed that much I mean the the same players are in control we have more
19:03
consolidation and more concentration in the food industry you know four companies are slaughtering 86% of the
19:11
beef and you go through every category infant formula two companies and guess
19:16
what happens when one of them has a problem you can't get infant formula we have moved toward further down a path of
19:24
concentration it is worse than when Teddy Roosevelt went after the the meat trust and that time it was
19:31
uh what seven companies seven company armor Swift and Hammer 50 or 60% and they were controlling 50 or 60% and it
19:37
was set and and everybody thought that was an oligarchy yeah and they passed laws to break it up and uh and now it's
19:44
worse and you know you know when Obama got elected all of you know uh and and Michelle had her garden which was really
19:50
cool yeah okay uh a lot of my friends in in the food movement oh wow you know
19:55
we're finally going to have a things are going to really move now we're going to really move the needle now and um and
20:02
somebody uh said well just remember there's 10 miles of USDA offices that
20:08
haven't changed you know Obama Obama understood food he said
20:14
things during the campaign that made that made you think that he knew exactly where the systemic problems were and he
20:20
was a very smart guy but he chickened out um around 2010 I don't know some of
20:27
you may remember this but when he came into office there were a lot of first he won Iowa imagine that right a Democrat
20:33
winning Iowa twice um and one of the reasons he did was that he had promised
20:39
to look at this issue of concentration which affects not just consumers it affects producers you know if you don't
20:45
have a choice who you're you're going to sell your beef to you have to take whatever price they're offering and the
20:52
four companies have divvied up the country so they basically have complete control in certain markets
20:59
so you become a price taker and that's the worst place that's the most uncomfortable place any farmer can be um
21:06
but this system puts you there and the same is true if you're selling commodity crops you are a price taker so Obama
21:12
made this pledge that he was going to go after this situation in uh in Meat
21:17
Packing in seeds and I forget what else and he had this listening tour and he
21:23
sent out his secretary of agriculture and his secretary of Justice to have a
21:28
listening tour Across America and they went and farmers at great risk to themselves because they were dependent
21:35
on these relationships with these companies stepped out spoke publicly
21:40
explained how they were being essentially abused by these people that they were forced to sell to and the
21:46
reason that it was courageous for them to do that was because they were speaking against people who wrote their
21:53
checks who they were selling to so you're talking about biting the hand that feed you it was a very risky
21:59
and they were encouraged to do it and they did it and they spoke eloquently I remember watching some of these videos
22:06
uh and then the uh the midterm election of 2010 came along and Obama was accused
22:11
about being hostile to business and he just dropped it and I think that's why
22:18
uh the Democrats lost the farm vote uh you know which essentially they have probably for a generation I think it was
22:24
really stupid but it takes a lot of courage to go up against these companies they have so so much power

https://youtu.be/OYND30ZpOEk?t=1135

Michael Pollan & Joel Salatin | The Future of Food And Farming

[tim]

Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider

Strong's maneuver, in any case, did not work. It backfired. Given the weakened state of the real economy, the flush of excess liquidity he had pumped into the banking system was not needed for transactions in real commerce or production. The surplus of money flowed, instead, into financial markets - artificially inflating financial values and fueling the run-up of stock prices that ended abruptly in the autumn of 1929.