Generational Dynamics Forum - New Site

http://www.johntaylorgatto.com/

They get out education believing.
I have got to the point that Mother Nature will tip the scales.

https://www.youtube.com/watch?v=DueSvcjn810

Brawndo the Thirst Mutilator

Higgenbotham wrote: > This forum has stopped talking about the fact that stocks will
> crash.

> Therefore, stocks can crash.

> Seems to be how it works.

John wrote: > If I didn't know you, I would say that this sounds like wishful
> thinking.

Higgenbotham wrote: > I'm really thinking about the fact that I used to talk about the
> overvalued stock market nearly every weekend and now - nothing
> except ailing infrastructure for the past 3 weeks or so.

I'm pretty much the same. I used to refer to the P/E all the time,
and I used to quote CNBC analysts as lying about the P/E all the time.
But now lying and the bubble have become so ordinary, it's hardly
worth mentioning any more.

The same thing is true of other things as well. A crisis in Greece?
A bombing in Pakistan? A few hundred drownings in the Mediterranean?
A massacre in Central African Republic? Oh gee, it's going to rain
today? Maybe it'll be sunny tomorrow. It's all just day to day
stuff.

This is the 5th anniversary of my cross-posting articles on the
Breitbart site, and I keep thinking about how much things have changed
since then. In those days, there might be several days in a row when
I really had to scramble to find something to write about. Today,
there are multiple crises every day. On the surface, everything seems
the same, and people go about their daily tasks as before. But
the world is a MUCH darker place today than it was then.

Years ago, I read Winston Churchill's book "The Gathering Storm,"
about the years before WW II. I didn't understand the concept then,
but it makes sense now.

http://www.zerohedge.com/news/2015-06-0 ... mor-denial

The eye of Sauron also will decide the next algocide. Last time we seen a bear raid it took 40 milliseconds.
http://www.zerohedge.com/news/2015-06-0 ... e-thin-ice h/t t

https://chechar.wordpress.com/2013/11/01/mammon/ time is not a reference

http://www.zerohedge.com/news/2015-06-0 ... y-payments
https://chechar.wordpress.com/2011/12/1 ... ok-review/

thread:
http://news.psu.edu/story/146689/2012/0 ... fense-work
Pennsylvania State University disabled the computer network of its college of engineering Friday because of a sophisticated cyber attack from China, the university said.

From 2013 notes here: check back in four years (2017) and eight years (2021) and see how many of your fellow debt-serfs and tax donkeys
have quietly abandoned the bloated cost-structure, debt and derangement of the Neofeudal Debtocracy's twisted consumerist dream.

Herbert Read, The Politics of an Unpolitical (London: Routledge, 1943), pp. 26-27. For a critique of these egalitarian tendencies cf.
Karl Jaspers, Die geistige Situation der Zeit (Leipzig: Walter de Gruyter, 1932 [Sammlung Göschen, Vol. 1000]), p. 36.

Orestes Brownson went even further when he wrote: Democratic or democratically inclined governments are,
for the most part, cruel and hard-hearted. Like corporations, they have no souls and are incapable of tenderness.

Deadly errors arise from obsolete assumptions.
Bureaucracy destroys initiative.
Amos is still correct.

John wrote: I'm pretty much the same. I used to refer to the P/E all the time,
and I used to quote CNBC analysts as lying about the P/E all the time.
But now lying and the bubble have become so ordinary, it's hardly
worth mentioning any more.

The same thing is true of other things as well. A crisis in Greece?
A bombing in Pakistan? A few hundred drownings in the Mediterranean?
A massacre in Central African Republic? Oh gee, it's going to rain
today? Maybe it'll be sunny tomorrow. It's all just day to day
stuff.

This is the 5th anniversary of my cross-posting articles on the
Breitbart site, and I keep thinking about how much things have changed
since then. In those days, there might be several days in a row when
I really had to scramble to find something to write about. Today,
there are multiple crises every day. On the surface, everything seems
the same, and people go about their daily tasks as before. But
the world is a MUCH darker place today than it was then.

Years ago, I read Winston Churchill's book "The Gathering Storm,"
about the years before WW II. I didn't understand the concept then,
but it makes sense now.

I see this culturally too over the longer time span.

So tonight I listened to this from Olivia Newton-John circa 1974.

https://www.youtube.com/watch?v=6qtrLr5T0-Y

My first thought is that it would be impossible for this to be broadcast to a mainstream audience today for many reasons. First, Western Civilization could probably not produce a person such as this who could do this today. But even if it could nobody would allow it to be aired. And even if it was aired few would listen to it.

I may be wrong about that, but I am pretty sure I am right.

On the other hand, I hear this on the radio damn near every morning:

https://www.youtube.com/watch?v=eTbVIfqeDq0

There is whiskey in the water
And there is death upon the vine
There is fear in the eyes of your father
And there is "Yours" and there is "Mine"
There is a desert veiled in pavement
And there's a city of seven hills
And all our debris flows to the ocean
To meet again, I hope it will

How could something so fair
Be so cruel
When this black sun revolved
Around you

There is an answer in a question
And there is hope within despair
And there is beauty in a failure
And there are depths beyond compare
There is a role of a lifetime
And there's a song yet to be sung
And there's a dumpster in the driveway
Of all the plans that came undone

How could something so fair
Be so cruel
When this black sun revolved
Around you
How could something so fair
Be so cruel
When this black sun revolved
Around you

There is whiskey in the water
And there is death upon the vine
And there is grace within forgiveness
But it's so hard for me to find

How could something so fair
Be so cruel
When this black sun revolved
Around you
How could something so fair
Be so cruel
When this black sun revolved
Around you

"The Gathering Storm" seems to be an apt description.

Higgenbotham wrote:
So tonight I listened to this from Olivia Newton-John circa 1974.

https://www.youtube.com/watch?v=6qtrLr5T0-Y

Open borders, endless wars. Not hard to see the gathering storm.
Even the narrative leaks now.
http://www.zerohedge.com/news/2015-06-0 ... pet-master

http://www.zerohedge.com/news/2015-06-0 ... -16-2-days

Transitory indeed.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly
http://gdxforum.com/forum/viewtopic.php ... 859#p27855
http://www.monticello.org/site/jefferso ... -quotation

no stone unturned indeed was seen it was written before.... for the confused DCF
http://wonkwire.com/2015/06/02/many-ins ... increases/
http://www.fiercehealthcare.com/

One thing I think this group sometimes overlooks is the long term effect of increasing the money supply on the stock market, home prices, or gold. If there is more money then prices do trend higher. If you think of dollars as a measuring unit, it is as if your yardstick is shrinking all the time. With a shrinking yardstick, you expect to measure things as getting bigger. Gold will never be 20 federal reserve notes per ounce ever again and could even stay over $1,000 per ounce from now on.
http://www.philipji.com/item/2013-10-20 ... set-prices

vincecate wrote:One thing I think this group sometimes overlooks is the long term effect of increasing the money supply on the stock market, home prices, or gold. If there is more money then prices do trend higher. If you think of dollars as a measuring unit, it is as if your yardstick is shrinking all the time. With a shrinking yardstick, you expect to measure things as getting bigger. Gold will never be 20 federal reserve notes per ounce ever again and could even stay over $1,000 per ounce from now on.

I don't think we're overlooking that for 2 reasons:

1. On the stock market inflation doesn't equate to profits. When you inflate and give all the extra money to bankrupt corporations, they can have phantom profits for awhile. But real profits are needed for the stock to be worth anything long term.

2. This goes with item 1., but stocks and gold going higher on more money printing assumes that the economy can still operate as designed. That there are still surpluses and all the other things discussed. Yet when you inflate and give the extra money to bankrupt corporations to pretend that things still work, eventually they will not work and all will pretty much end up worthless - the stocks, the money, and even the gold because there are no surpluses to use the gold to buy. Gold was worth nothing to the hunter-gatherer or the farmer who had no or a small grain surplus, only to the farmer who had a large grain surplus to trade for it.

The question or prediction is when will the economy stop functioning as designed and of course my answer or prediction was sometime in 2011 or earlier it would have stopped functioning as designed - wrong, of course. Basically things are still functioning - gasoline gets delivered and bought, Wal-Mart still runs, etc.

The man in charge of printing Yen and the head of Japan had a meeting and did not talk about the yen.

"When things get serious, you have to lie."

I think the fall of the Yen may be getting serious.

http://www.bloomberg.com/news/articles/ ... -yen-falls

Higgenbotham wrote: 1. On the stock market inflation doesn't equate to profits. When you inflate and give all the extra money to bankrupt corporations, they can have phantom profits for awhile. But real profits are needed for the stock to be worth anything long term.

It sort of has increased earnings per share because the companies have borrowed at very low interest rates and bought back a bunch of their shares. So even if earnings did not go up, earnings per share has.