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Michael Clark

Michael Clark
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  • Long-Term Outlook - Bleak! [View article]
    College tuition where i used to work rose over 3,000% from the time I started to the year I retired (1977-2008). My salary did not keep pace with this stated inflation.
    Oct 5 12:13 AM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    Garic, nice post. What you say is clearly true.
    Oct 5 12:11 AM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    Spec: Yes; the S&L crisis was a trial run for bank fraud and government bailouts that was later perfected in 2001-2014. Labradoodle does not want to believe this was the case. But it was a horrible corruption of our banking system, one of many regular horrible banking corruptions in our history of financial crises.
    Oct 5 12:08 AM | 1 Like Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    I would clearly have to agree that the tax and spend model is superior to the borrow and spend model. I think, in truth, the model we need to follow is not a model attached to any one party in Washington. We need to borrow and spend during economic growth seasons 1911-1929; 1947-1965; 1983-2001; 2019-2037..., when interest rates are lowered.

    And we need to tax and save during the non-growth seasons, during the higher interest rate season. There is no growth possible during the non-growth seasons, by definition, so lower rates to encourge growth is an impossible folly (1929-1947, 1965-1983, 2001-2019). Since growth is not possible during these years, saving and destruction of bad debt and higher taxes to pay off debts and fund social programs is also the sane policy.
    Oct 5 12:04 AM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    Globalization is a Western notion. We will not get another drive of globalism again until 2028, culminating in 2037. 1929 was another apex of globalization, after which the forces of chaos and destruction (deconstruction), International Fascism, destroyed the global order that had been built from 1911-1929. 1965 was another apex of global expansion, after which the destructive forces of international communisim destroyed the world that had been built from 1947-1965.

    Today globalism hit its apex in 2001 (that is, expansion in the good sense, before the attempts to reinflate through the sinful stupid method of rock-bottom interest rates turned the economy into a series of cancers). From 2001 through 2019, the forces of antimatter, and deconstruction (Islam most notably on the political front) will destroy the world that has been built from 1983-2001.

    In 2019, the recreation of the world will begin. In terms of globalism, it will be two steps up and one step back, until 2028, when the forces of Good Inflation will manifestly defeat the forces of Bad Deflation -- from 2028-2037 will will have massive untremeled global expansion. (This period, which I call the Garden of Eden in global expansion, corresponds to the periods this century of 1920-1929, 1956-1965, 1992-2001) will be the great growing season of the global economy plant. Harvesting comes approximately in the Disinflation Autumn: 1936; 1971; 2007; 2043.
    Oct 4 11:52 PM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    Not sure about your date. I would argue December 21, 2019 is the apex of our malaise. As such, the forces of deconstruction (such as Isis, and radical Islam in general), will reach its destructive apex on December 21, 2019; and will begin to declinefrom there, through June 21, 2037.

    Expansions, of course, also have a shelf-life. And each expansion is NOT automatically stronger than the last. The Fourth expansion is the strongest. Each one after that is weaker, until the seventh. Then everything reconfigures.
    Oct 4 11:38 PM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    If we were to recognize the cycles I'm seeing -- recognize them as a society and as a world -- then we would not need laws to control debt, as we would all know that at the end of the Growth Cycle interest rates would increase, making oversized debts lethal.
    Oct 4 11:33 PM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    GGJr: I appreciate your comments, and your perspective. I can't argue that the government seems to be in a downward spiral to tyranny and intolerace based in fear. It is a dark picture today, and getting darker.
    Oct 4 12:54 AM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    "The reality with which personal vision interacts is always changing." This is to suggest that perspective is always changing (personal vision).

    I'm not arguing that reality is always changing but that our perception of reality is always changing.

    Laws of nature don't change. I agree with this. But nature constantly changings from state to state, as Time cycles through stages of life, young to old and back to young again. It is a paradox.
    Oct 4 12:47 AM | Likes Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    In a world that seems to be coming apart at its seams, with civili wars and secession movements breaking out, or threatened in many places, our decline need not be measured against someone else if our internal order begings to be replaced by the Night-Cycle spirit of divorce, division, or secession. Time will tell how this plays out. FED policy has been successful in creating more wealth division in America than ever before. Thisis the wrong policy if one wishes to avoid secessionist movements.
    Oct 1 10:42 PM | Likes Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    I agree, Simple. Retirement is a 'boring' goal to have in life -- unless you hate your calling, your job; and you feel imprisoned in the workplace.

    If you like your work, your calling, you should never give it up. Retirement, especially for men, is another name for 'identity crisis'.

    Many men die in the three years after retirement. They don't know what to do to feel productive.
    Sep 30 03:37 PM | 1 Like Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    What place 'did well' in 2007?

    And remember, 'doing well' in the historical sense never includes the FED printing trillions to help someone to 'do well'. 'Doing well' means no real FED intervention; and no ZIRP.
    Sep 30 03:34 PM | Likes Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    There's that number 18 again.

    2001: end of the expansion of Light. (High Noon.) The beginning of the growth of the Shadow.

    2010: The Shadow (Dusk) is stronger than the declining light. Night-Cycle proper begins. Deflation season.

    2019: end of the expansion of Darkness. (Midnight.) The fragile beginning of the expansion of light.

    2028: The Light (Dawn) is stronger than the weakening shadow. Light triumphs in growth, expansion, inflation, civilization, technonological world view. 2028-2037: Garden of Eden for the Earth and the material world. Corresponds to: 1911-1929; 1956-1964; 1992-2001. 'Unlimited' growth ethic and unlimited growth in human hubris. Which is punished again and again by High-Noon end of growth and 18 year decline of light.

    This is the clock that guides us.
    Sep 30 03:31 PM | Likes Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    7 is the mystic number par excellence, Teutonic Knight, as you say.

    6 Days of Creation, or Growth. With the seventh being the time for the utterance: "It is finished." Six days of creation; 1 day of Rest or Sabbath.

    Then the Night-Cycle ensues. The Seventh Day of Creation (Dusk) is also the First Day of Destruction. The Seventh Day of Destruction (Dawn) is also the First Day of Creation.

    Day-Cycle followed by Night-Cycle.
    Sep 30 03:24 PM | Likes Like |Link to Comment
  • Why I Agree With (Some Of) Friedrich Hayek [View article]
    The Capitalist life-style (materialism, consumerism) is in opposition to the life of the Soul. It separates itself from the needs of the soul, as you just did in your argument, leaving it to some second body or force to 'take care of that nonessential thing'. That separate concern. The Soul doesn't believe in separate concerns, but in the life of the whole.

    Capitalist life-style (the scientific vision) is about separating everything into barely connected specialties. The life of the soul is about being whole. The life of Capitalism is about being separate, special, ego-centered, emperor, hero, individual, isolated atoms. Jesus threw the money-changers out of the temple for a reason.
    Sep 29 01:49 PM | Likes Like |Link to Comment