Generational Dynamics Forum - New Site

Higgenbotham wrote: Tue Jul 21, 2020 11:59 pm The Fed has got itself into a bind. Since nobody will sell until the market turns down, there will probably be a deluge of selling at some point after an obvious high has been put in.

The market got down to 2200 so 3300 at 50% up in like 3 months might be an obvious high. Sort of nice round numbers. But we are within about a percent of that today.

** 22-Jul-2020 World View: CNBC

ihatecnbc2000 wrote: Wed Jul 22, 2020 4:23 pm > Some strong memories I have of the end of the dotcom bubble was
> how the relationship between the Dow/S&P versus NASDAQ went kind
> of schizo, with various days having one up big with the other down
> and vice versa. Then you had blowout seemingly good news earnings
> (beating "whisper numbers") that resulted in those stocks getting
> sold hard. We've definitely had the schizo indices, lets see if
> the big tech "beats" in earnings get sold into.

Do you think that CNBC is worse than anyone else?

Haha. No, but I really hated them back then.

This is a long way from true capitalism, as Graeber notes, and actually looks more like classic medieval feudalism. Much within the modern corporation is less about making things or solving problems and more about the political process of gaining control over the flows of resources. The result is a proliferation of jobs that actually serve very little if any economic function, and only make sense from the perspective of rent seeking and power relations. Many like to laugh at the absurd inefficiencies of the Soviet Union, where so many people only pretended to do useful work, yet this may be significantly true in Western economies as well (only in the West they actually get paid for it).

https://getpocket.com/explore/item/too- ... ket-newtab

Higgenbotham wrote:The US economy was powerful but it was never efficient. Americans can't seem to comprehend the concepts of cost savings and efficiency. They think they understand these concepts but they don't at all.

Higgenbotham wrote: Thu Jul 02, 2020 8:07 pm As stated previously, waddling up to the window for a bailout is the most in demand skill in America.

In a 2013 essay, he made the seemingly bizarre assertion that perhaps as many as 30 percent of all jobs actually contribute nothing of use to society.

I seen that way before and after right size, then lean, and attrition to the actual performance metrics based on frequency analysis and people that actually maintain internal quality flows. Another round of Pareto analysts and the net effect of interface productivity. The main point is integration of introverts who leave the others in the proverbial dust to effective change working forty percent at home since covid A and B teams never meet other than it feels good or the actual issues to products or logistical customer necessitates. The other capex or opex issues rarely need interpretation other than repeatability of internal project equipment management audits.
Sat Apr 09, 2016 1:20 pm and many decades before that in SPC as Jidoka is a quality concept that means "stop everything" whenever an error occurs.
It is controlling quality at the source. Instead of using inspectors to find problems someone else created, the worker is his own inspector, responsible for his/her own quality. When an error or defect is discovered, the worker has the authority and the responsibility to halt the production process.
Sogo shosha groups are sufficiently diversified to withstand periodic downturns.
Sogo lowers the river to effective needs.

As we noted we are trying to avoid dialectical democrat retards with another crayola colored crayons putsch.

National Economic Security and Recovery Act was a set of proposed economic reforms for the United States suggested during the 1990s by Harvey Francis Barnard. Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy.

If Biden wants to belly up to the bar he can think up to https://capitalresearch.org/article/act ... y-machine/
tax the protester supply chain for blm employees. Still no reply from the Senator on intersectionality and the critical theory Frankfurt tropes.

http://www.nancyisenberg.com/white-trash <--------------- panama and paradise papers control systems
To bad BLM never understand duality and the actual point that in 1584 it started in North America and still they cannot understand it.

Political nihilism philosophers theorem and applies it to existing social and political institutions to the useful idiots
scurry to the epistemological framework in the rationality of belief, that revolves around Critical Theory, which is tactical nihilism
to maintain funding. It will fail only when consumers decide what it actually is as Truman conveyed.

Oct 29, 2019 2:20 pm Mr. Libor was summarily executed. We can surmise the velvet rope Plenary meeting is thus completed.
Comrade Sanders should be ecstatic as should be the MMT Snowflakes.

The AOC BlackOP/Psyop http://stateofthenation2012.com/?p=125132

10. Effects and evaluation <----------------- we are here Mon Jul 15, 2019 4:44 pm
(See: AOC’s Chief of Staff Set Up $1 Million Slush Fund, Saikat Chakrabarti Diverted Campaign Contributions to His Companies)
They have no idea what is next and how it was done.
Simply put, these five multinational legal enterprises conceived and defined “globalism” before the word was even coined and
memed during the 20th century.
As we warned them they are not even named as a party now. Just evil covers it Nancy.

Luke 14:14 And thou shalt be blessed; for they cannot recompense thee: for thou shalt be recompensed at the resurrection of the just.

https://www.youtube.com/watch?v=28tZ-S1LFok

aeden wrote: Wed Jul 22, 2020 8:04 pm In a 2013 essay, he made the seemingly bizarre assertion that perhaps as many as 30 percent of all jobs actually contribute nothing of use to society.

I think it's actually a lot more than 30 percent. In saying that, I'm not using the logic that converting natural resources to what will eventually be garbage means that all jobs are useless.

But let's take a look at one class of "essential" jobs that continued during the shutdown - food processing.

Higgenbotham wrote: Sun Oct 13, 2013 12:59 pm A potato is about 85% water. Most potatoes are grown in the Dakotas. For processing into potato chips, the potatoes are trucked all over the country to the various processing plants as far away as California. In other words, diesel is burned to haul water and the trucking industry is dependent on hauling this water. When the potatoes arrive at the plant, 98% of this water is then boiled off. Go to any snack food processing plant that makes potato chips and you will probably see a 4 inch natural gas pipeline entering the plant along with a lot of steam billowing out the top of the plant.

So it's not just the food processing and medical industries that are dependent on this so-called useless activity. It might be countered that the potatoes would be shipped somewhere anyway if people stopped eating junk food. Or maybe they wouldn't if they were grown closer to home. The larger processors are vertically integrated and own their own farms so it's hard to say what would happen.

Then we probably also have to consider that the supermarkets get a lot more profit out of selling snack foods than they do raw potatoes, but I'm not as familiar with how that works. I think the snack food manufacturers pay the supermarkets for shelf space, which is quite lucrative.

Food processing plants buy a lot of motors. They pay a lot of sewer. If there are a lot of food processing plants in a small city as can be the case, they could comprise over half of the sewer revenue. The list goes on and on.

Nobody would say trucking companies and motor manufacturers and sewer plants have useless jobs, but in fact they do. When I think about the volume of cellophane snack food packaging that's discarded on a daily basis, it boggles the mind.

Just one small facet of a largely useless economy.

https://www.youtube.com/watch?v=IeqckDxY7fE
https://www.zerohedge.com/political/por ... ay-protest

I added my 7th lot back on this morning. This is by far the toughest bear market rally I have ever seen.

The true bear market is just warming up H.

The first rise in jobless claims since March prompted a brief Tyson-esque "punch in the face" of reality for the incessant dip-buyers in the stock market... t

https://www.youtube.com/watch?v=IeqckDxY7fE

Wheeler has sided with the rabble over the government he was elected to represent...
https://www.zerohedge.com/political/por ... ay-protest


Democratically controlled cities are refusing to jail minors as police departments are being defunded,
which allows criminal gangs to employ kids to steal cars. This is also happening in Baltimore....

https://www.zerohedge.com/political/inn ... es-chicago

It's falling apart rapidly.
The alternative will get ugly fast and thousands and thousands will die.
I would have no problem with that except for the fact that we do not need the Federal Government
gaining any more power than it already has.
It's scary enough as it is.

Make every decision with your wallet.

https://www.youtube.com/watch?v=jeVf8Bq1knk
fascists worshippers
they are corrupted

thread: vaknin