Financial topics

[gerald]

From Higgenbotham 's post
---------------------------------------------
"In round numbers, the descent might last somewhere between fifty and two hundred years. It is unlikely to be sooner, it could well be later, but the dark age is most likely to arrive within this time bracket. The collapse itself will be brief, taking a decade at most and possibly much less. Past instances of collapse have seemed to happen almost overnight. Once confidence goes out of the system it unravels very quickly. When perceptions return to reality, they do so abruptly."

--From the Phoenix Principle and the Coming Dark Age by Marc Widdowson, 2001
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I think there is another facet or relationship to the "confidence" issue -- the important relative few that make things work for various reasons stop producing. As illustrated in Ann Rand 's book "Atlas Shrugged", and in the comment during the collapse of the Soviet Union " They pretend to pay us, we pretend to work"

[aedens]

http://s2.epi.org/files/page/-/old/brie ... _bp147.pdf

[gerald]

When is a conspiracy theory a fact? --- an example, the Lusitania

http://debtcrash.report/entry/what-is-a ... acy-theory

What I found was there were countless undisputed examples throughout American history that if brought up before and even for years after the fact would have been considered what we now call conspiracy theories. Here are a few examples that stuck out to me:

Prior to the United States entering World War One Great Briton's supply line from the US were being devastated by German submarines, U-boats. The Germans attempted to only attack ships that were carrying munitions. There was a passenger liner, the Lusitania, which was supposed to set sail for the UK from New York. The German embassy fearing the passenger liner would steam into danger attempted to warn the American public away from traveling on the Lusitania by putting a notice in news papers. Many papers would not run the warning, though many did.

The ship did sail with many American passengers, and as warned by the German Embassy, was attacked and sunk by German U boats. This attack was touted as a breach of international law and rallied the American public to enter the war against the Germans. It was only considered a breach of international law because American and British officials claimed there were no war munitions on the vessel. If there were munitions on board the attack would have been a legitimate act of Germany defending itself. There are many other issues with the sinking of the Lusitania but I will allow you to do your own research, but one thing that cannot be disputed is that during a salvage operation there were thousands of rounds of ammunition found. That ammunition would have been used on the German Army if not for the sinking. There is no way that the US government was not aware of this ammunition and so they were complicit in lying to the American public to gain support in sending thousands of Americans to their death.

http://www.centenarynews.com/article?id=1616
----------------------------
and people should trust governments?

[aedens]

Wrong question g in some circles. http://multiplier-effect.org/bernanke%E ... b-exposed/

How do we discuss the same question of virtue when, or to say that enveloped what circumstances.
Fours seeds in whoms garden. One would be fruit with patience and to another a fools paradise.

As Walter Bagehot proclaimed more than a century ago, in a crisis the Fed must act as a lender of last resort, but that lending
MUST be expensive and temporary. Nowhere in the Fed’s mandate did Congress tell it to act as the lowest cost source of funding.

The rot is pure, and it is simple.

[John]

We've been talking a lot about the rot recently, so it's nice
to know that there was also rot in Ancient Egypt. In those days,
when the élite people died, their bodies would be mummified,
and stored in a tomb.

But the really high-prestige super-élite would want to be buried along
with a mummified animal, possibly a pet, or perhaps as an offering to
a favorite god, to make sure that this high-prestige super-élite
person would be comfortable and would be treated kindly by the gods.
The animals might be anything from cats and birds to crocodiles.

But now it turns out that about 1/3 of the high-prestige super-élite
people were swindled. They were buried with mummified animals, but
the mummified animals were just bundles of cloth with nothing else
inside. I'll bet that really pissed off the gods.

http://www.bbc.com/news/science-environment-32656743

[aedens]

http://atrainwreckinmaxwell.blogspot.nl ... ocrat.html

They where democrats, nothing more.... 430 years later some turned independant as it was written...

meanwhile indeed the facts of the matter are devasting... http://davidstockmanscontracorner.com/f ... -in-yemen/

methodology that analyzes historical events

The Slavonic and East European Review © 1998 University College London, School of Slavonic and East European Studies
Abstract thread: reform
This article seeks to challenge previous sympathetic appraisals of Yugoslav leader Josip Broz Tito and portray him instead as a practitioner of realpolitik. It also strives to illuminate his unique, zigzagging behaviour (and that of his subordinates) in the 1956 Hungarian Revolution, drawing on newly released documents from four of Moscow's major archives, including the secret notes of key CPSU Presidium meetings taken by Vladimir Malin. It also explains the hitherto murky circumstances surrounding Tito's decision to grant Imre Nagy political refuge in his Budapest embassy on the day of the invasion (4 November 1956). Tito's reluctance to surrender Nagy - and the later Soviet abduction of him - chilled Soviet-Yugoslav relations once again.

http://www.jstor.org/discover/10.2307/4 ... 6788677443
https://www.foreignaffairs.com/articles ... and-legacy

Tito was the first. He established the principle.
Something they all need to remember.

http://www.freepatentsonline.com/articl ... 89078.html general disarray of method --- cluster^&*cks under repair

[gerald]

Wrong question g in some circles. http://multiplier-effect.org/bernanke%E ... b-exposed/

How do we discuss the same question of virtue when, or to say that enveloped what circumstances.
Fours seeds in whoms garden. One would be fruit with patience and to another a fools paradise.

As Walter Bagehot proclaimed more than a century ago, in a crisis the Fed must act as a lender of last resort, but that lending
MUST be expensive and temporary. Nowhere in the Fed’s mandate did Congress tell it to act as the lowest cost source of funding.

The rot is pure, and it is simple.

I probably should have gone on to say that the Lusitania event is how you get the masses to do what you want them to do, in this case go to war.
Same as it it always was.

[gerald]

A crazy? maybe nothing but a poor joke and not worth your time - and then maybe not.
A guys experiment and the global bond market -- a crash on May 15, 2015 https://www.youtube.com/watch?v=Y3jxnur0468
Maybe I am crazy to even post this, guess will see. But he does make some interesting observations.

From the maze of mirrors.

hmm--- Bond-ocalypse Sparks Stock Selling Scramble --- http://www.zerohedge.com/news/2015-05-1 ... ks-sldiing

Interesting --anyone wont to place a bet with their London bookie?

[Higgenbotham]

I've been posting recently on the idea that if the electricity flickers on and off, and ends up being fully on for only a few hours per day, that might be OK, but having your water supply pressurized only a few hours per day is not OK.

Today I was informed quite by accident that two high profile institutions are considering the purchase of "atmospheric water generators" which are capable of producing water by efficiently condensing the water vapor in the air, with a production rate of about about 1 gallon per kilowatt hour of electricity usage. From what I was told, a military base and a university have ordered these units and are going through the permitting process to have them installed at their facilities.

What is it that the heads of these institutions know that would make them keen to install expensive equipment to produce water at such a high operating cost?
One of these institutions (hint - it was not the military) said their project is considered to be "confidential" -- oh my -- it's a secret.

[aedens]

Accidents are adjectives ;- )

https://www.youtube.com/watch?v=Q8LEheSUTGE

http://www.zerohedge.com/sites/default/ ... _VIXC2.jpg

Emma http://solarcycles.net/2015/05/11/sp500/

“Very well, then, he is in your hands; but you must spare his life.” Job

http://www.zerohedge.com/news/2015-05-1 ... ext-decade
http://www.usatoday.com/story/money/201 ... /22800331/

http://www.timetobreak.com/252711/20-br ... n-race/16/
https://www.youtube.com/playlist?list=P ... 2RmevUpuPT