Generational Dynamics Forum - New Site

http://www.zerohedge.com/news/2013-10-1 ... be-delayed

news cycle is nano seconds so.... update on normalcy bias and the morbid etn margin facts. We are mere actors on another veiled stage.

http://johngaltfla.com/wordpress/2013/1 ... r-18-2013/

If you are in the minority of Americans not already unalterably opposed to Obamacare, keep in mind that the only reason the government
is shut down right now is that Democrats refuse to fund the government if they are required to live under Obamacare.

http://news.yahoo.com/democrats-america ... 10441.html

troof lol - since more than pound they choke on it

A 62-year-old man earning $46,000 a year is entitled to a $7,836 government tax credit to buy health insurance.
But if he earns an extra $22 in income, he loses the entire $7,836 credit

Latest statement from Boehner:

"The president has rejected our proposal to extend the debt ceiling for six weeks, which would have given us some additional time to work out our differences. President Obama has exempted corporations, unions, even the US congress and congressional staff from the impact of Obamacare. Only responsible taxpayers - those Americans who pay all the bills - will be required to abide by the legislation this year. Millions will be forced to forego insurance and pay stiff penalties - the requirements of Obamacare have doubled and tripled the premiums for many taxpayers who are already stretched to the limit. And the president's health exchanges are a nightmare for all Americans - the sites don't work well, the information provided is both invasive and at risk of exploitation by hackers and identity thieves, and when people are actually able to get a quote, they are discovering that premiums are outrageous and deductibles are generally $10,000 or more. The Obama economy has left very few Americans with an extra $10,000 that they can spend on Obamacare. The entire law needs to be re-evaluated before it bankrupts the middle class. When the president is ready to discuss wholesale changes in this economy-wrecking legislation, we will be ready to talk. In the interim, we would like to again offer our proposal for a six week extension on the debt ceiling. In six weeks, Americans will be familiar enough with Obamacare that they will demand it be changed or scrapped altogether. We suspect that this is the very reason why the President wants all or nothing, and is refusing to negotiate."

Or maybe he didn't say that, because republicans are inarticulate cowards.

The wasting segment we see will be wiped out. Keeping a house payment of those who survived the last heist of trillions will cease.
The just ate them in washington the very house they live in. We just went into the largest local tax siesures ever.
Of course the plan they have does not apply to them we read for some time. Free cash flow they never had will render them homeless and
starving from the cargo cults.

vincecate wrote:If we go down about 3% more we get to the 200 day moving average. Going down across this has marked the start of some big declines.

http://finance.yahoo.com/q/ta?s=SPY&t=m ... m200&a=&c=

Looking for a 3% drop and we get a 2% up day.

We touched on the moving average a few pages back also and the veloscity of money in relationship to nominal gnp

Try to define the middle class and you will not get a answer worth its proverbial salt.

Deflation is the measure of wealth in the process of self-destruction — wealth gone for good.
The Fed is pouring oil on the fire as it is trying to push long-term rates down after it has
succeeded in pushing short term rates to zero. It merely makes more wealth self-destruct, and
it makes the pull of the Black Hole irresistible.

Look out the front door, and behold what do you see... old news for a new flock
http://www.professorfekete.com/articles ... Paper1.pdf

aedens wrote: > Deflation is the measure of wealth in the process of
> self-destruction — wealth gone for good.

I have to disagree with that. Inflation is not real wealth, any more
than a balloon is a real ball. Deflation restores fantasy wealth to
real wealth, and a straight pin restores a balloon to a real piece of
plastic.

John wrote:

aedens wrote: > Deflation is the measure of wealth in the process of
> self-destruction — wealth gone for good.

I have to disagree with that. Inflation is not real wealth, any more
than a balloon is a real ball. Deflation restores fantasy wealth to
real wealth, and a straight pin restores a balloon to a real piece of
plastic.

Not to nitpick, but most balloons that most people think of, and most illustrations of a pin breaking a balloon are balloons made of rubber , only the larger type of balloon used for transport or research are made of other materials.
http://en.wikipedia.org/wiki/Balloon

And yes inflation or deflation is really only a measure of the relative value of a medium of exchange ( gold, silver, fiat currency [http://en.wikipedia.org/wiki/Fiat_money ], wampum, { http://www.thefreedictionary.com/wampum } etc.) against physical things and services.

During the 13th century, Marco Polo described the fiat money of the Yuan Dynasty in his book The Travels of Marco Polo.[10][11]
All these pieces of paper are, issued with as much solemnity and authority as if they were of pure gold or silver... and indeed everybody takes them readily, for wheresoever a person may go throughout the Great Kaan's dominions he shall find these pieces of paper current, and shall be able to transact all sales and purchases of goods by means of them just as well as if they were coins of pure gold.
—Marco Polo, The Travels of Marco Polo http://en.wikipedia.org/wiki/Fiat_money

and then the faith dies ---

same as it ever was ---

cheers

http://www.imf.org/external/pubs/ft/fm/ ... fm1302.pdf

Real look at the numbers and the true effects of the finance repressionary regime machine we just survived
as it was stripped from the paradox of thrift rhetoric on taxpayers back like fur seals for harvest.

Whether the comparability of the 2007 and 2013 charts will carry through with a high here I do not know, but the pattern is there (the pattern is in reference to the blue horizontal lines that I added). I suspect not; however, as shown a few pages back there is similar deterioration in the advance decline line, so there is more to it than just pattern.
Shown previously:

Current Advance Decline Line (I can only upload 3 files, hence the separate post). It's still lagging from early October where we see price is higher than early October but the AD Line is lower.

aedens wrote:Tainter was right ...

You guys have connected something up in my brain that I hadn't thought of.

I remember seeing a documentary a long time ago that showed a primitive tribe that was living in the jungle. Part of the discussion was about where this tribe came from. Well, it turned out that the tribe was descended from the people who were part of the Mayan civilization, the people who were prescient enough to see that the Mayan civilization was going to collapse and escaped into the jungle before it did. It was said that those were believed to be the only survivors of the Mayan collapse.

As we look at the recent news, we can see that the crisis is not going to be precipitated by the authorities this time around. We're too deep into it and the authorities around the world are working together against their enemy, which is not a rival country, etc., as it has been in the recent past. It is the elite of the world against the common people of the world.

What will cause the collapse this time, as it did in the distant past, is when the people of the world "Go Galt" as the survivors of the Mayan collapse did. When the oppression gets to the breaking point, first a trickle as we are seeing now, then enough to break it down, which would probably take around 2% of the most prescient and productive citizens (that would be approximately enough to take GDP growth down to zero and then it's game over).

jcsok wrote:Of interest for those that don't read The Market Ticker by Karl Denninger, he has posted that he will no longer feed the pig; he intends to generate no economic activity to pay taxes. Somewhat of a John Galt move, although he won't be disappearing.

This is likely the only thing that will stop the pig from eating you. As I've stated previously, "You cannot reason with psychopaths period." Red or blue, makes no difference.

aedens wrote:http://johngaltfla.com/wordpress/2013/1 ... r-18-2013/

"No longer is about creating goods and services to expand wealth, we have built a new system of debt, investment, financial services, and Ponzi schemes designed to multiply returns for the elites while extracting opportunity and imposing control on the masses. This hybrid capitalist approach, and I use the term “capitalism” quite loosely, was perfected by the same leaders while designing Communist China’s emergence from it’s fascist neo-feudalism period into the modern age. By introducing the same system into the European and United States the control of the world’s central bankers will extend to every modern society leaving freedom only as a fleeting memory and history to be redefined as the winners see fit."

Beijing elites, Eurocrat elites, Red or Blue Washington elites, makes no difference.