Vienna

Winter's Coming for the Boomers: Part 1

In Culham/England, Munich/Germany and Cadarache/France there area Tokamak reactors, which is able to run a few second using Fusion technology with Deuterium and Tricium. In China, Hefei they are also running one. According to Wikipedia there are 21 Tokamaks running worldwide, 10 of these in Europe.

OPtimist say that the first fusion reactors might be able to go online in 50 years. Till then humanity must do everything to expand the reserves of fusile fuel to the maximum.
High tax on energy - and fuck those who need cheap energy to fuel their fat asses.


On Jul 16 01:19 AM MSimon wrote:

> I am a boomer who has already retired penniless. It is a pretty good
> life. Central air, hot and cold running water, 10 Cray 1s on my desktop,
> etc. etc. etc.
>
> I live in many ways better than the kings of 1900.
>
> As to boomers having done us in? I think that the Social Security
> mess was started by FDR. And what have us boomers given all you folks?
> The microprocessor revolution.
>
> I have one last trick in my bag (I was there at the start of the
> microprocessor revolution when hackers were the white hats - I was
> one of those hackers) - Polywell Fusion. If it works you will get
> cheap space travel and a solution for energy problems that are good
> for at least 10,000 years.

Winter's Coming for the Boomers: Part 1

I will follow in this tone, and the world does not wonder any more why the US keeps on screwing up.

Austrian School of Economics Is on the Rise

In Austria w do have a overall spending on "socialistic" issues of approximately 50% of income. This includes pension insurance, medical insurance, unemployment insurance, tax and other further small payment like subway tax etc.
Average taxation is approx. 30% due to progressive taxation.
This is probably the amount that is required to keep a system running sustainably. As we can see in the US many public goods have not maintained, and these will get back at you, due to lack of investment of private companies. Roads, Power grid, School ...

Beginning of Another Big Market Decline? Not Quite

What is truely missing is the intuitive approach. We all know that all these charts don't tell you nothing. It describes the historical pattern.

I think there are 20+ charts telling you something else, you just need to find the graphs you like to find to approve your own estimates.

So if people now tell me that you need to be a good analyst and do your homework, how about this:

"recent price decline does not suggest any change in the upward trend of oil prices"

Why should any decline not suggest any change upward ....

One always needs to analyse sentences, sometimes they are packed in great articles, and everybody tends to just take it as given.

We're Due for a Serious Pullback

Sounds like Cetin


On Jun 04 03:12 PM Dave Wrixon wrote:

> Which planet are you from, again?

> On Jun 04 08:59 AM Birdfan wrote:

> The fundamentals are different this time. Corporate profits are up,
> the housing market has started to rebound and unemployment has bottomed.
> Consumer confidence is up and people have started to spend money
> again which will continue to help corporate profits. Most of the
> bad loans have been written down. I think we are poised for a recovery
> which I hope will be slow and strong.

7 Arguments Against a Quick Recovery

I think that it is commonly known that China has 1,3 billion inhabitants.

Putting up such numbers should prove your comment invalid just be reading the second line (where I stopped) It seems that everybody needs to place higher number, so that the article sounds interesting.

For this reason, me like many others do not believe ANY US statistics, follow your common sense in tims like this when dealing with numbers.


On Jun 02 09:52 AM TeresaE wrote:

> While you make some good points, you are off on a few facts.
>
> China is just fine, with nearly 2 billion people, now that they have
> our cash (which we still owe the debt for), our patents, our equipment
> and our mega-corporations & governments balls, they will be just
> fine. China will love it when our economy finishes it collapse and
> we start selling our natural resources on the cheap to eat.
>
> You also state, "...This is not a regular economic cycle. The last
> recession was caused by the collapse of the dot com bubble, which
> had little relation to the real economy; .."
>
> How untrue. What everyone fails to recognize is that in '97, '98
> & '99 there was a multi-trillion dollar industry that was created
> for a one second problem: Y2K.
>
> Housing replaced the Y2K techs, dot com IT guys and the bankrupted
> manufacturers (as they had to compete with China).
>
> Housing and free debt were the only things our economy had.
>
> Now they are gone to and trying to re-inflate that bubble is not
> sustainable.

No Rest for the Economy's Wicked Parties

As always a good article, there are two points I would like to object or clear.

Their relentless printing of money has resulted in the dollar losing 96% of its value since 1913.
Well due to inflation we probably still have mor ethan in 1913. If you take the nominla value, but this figure is misleading. It needs to be compared with the PPP, and there we have a static and a dynamic basket of goods, so hard to compare. Your statement about the living standard since 1970 seems more appropriate.

During the 1950’s, 1960’s and into the 1970’s, a family of five could be supported with a father working and a mother staying at home with the children.
Due to the dynamic basket of goods used for comparrison, a familiy living in the style of the 60's (5 TV channels, one fixed line phone, cooking at home, one car, less vacation) might also be able to survive on one income today.

Today's Market vs. 1938

Fine, but why would we only want to look at one short timespan of the great depression, if we are trying to compare the depression with the situation we have today?
Especially if this timespan is 8-9 years after the depression started.


On May 19 03:58 PM Lynn wrote:

> Commenters,
> This is not a graph of the Great Depression, it is a graph of the
> 1937/38 bear market. Bespoke did not screw up.

Inflating Our Way Out of This Mess? Why This Won't Work

And please, as your are possible to predict so much and answer so many difficult questions, I only have one humble question and in the name of other readers (I think), who is ned?

Inflating Our Way Out of This Mess? Why This Won't Work

Cetin, read the whole statement. As by the frequency of your posts you can't be able to read them fully. He is talking about interest rates that go along, cause money does not disappear, interest rates rise, but then again by your theory there would have more unemployed people, which would spend money they do not have, which would be good for the economy.

go home!

Sorry "I am not Ned" for discussing this


On May 20 03:59 AM Cetin Hakimoglu wrote:

> That is a very ignorant statement. Better read up on some macro econ.
>
>
> ----------------------...
> Second, when is inflation a good thing? As prices go up, people have
> to pay more for the same product, or switch to a cheaper product
> that may not do the same thing. Then, those who work, demand more
> money for the same work so as to afford the higher prices, which
> in turn, causes prices for goods to go up yet again.

Options Trader Tuesday Outlook: Double Top?

Well you get all different point of view here, including our expert in booming markets; Cetin.

On May 19 02:05 PM Snitzer wrote:

> A tender newbie I wouldn't trade/touch options with your ten foot
> pole, but it's cool reading how the real traders do things.

Market's New Trend - In Wrong Direction?

Thanks, I am no big shot at trading, but I think these two graphs tell us where we are most propably heading.
The first one usign moving avarages is clear, but I think the second one, unsing some kind of analysis tool also makes sense.

There Won't Be a Recovery

and by the way, in a communist state absolutly nobody owned a house !!!!!!!!
Thats just the point I mean, you don't have a clue about communism in th US, you just get pannicky and start shouting "COMMUNISM"

There Won't Be a Recovery

I was in a what you call "socialist" state where we don't have this kind of mess, we don't get pannicky over things, we don't try to tell the world what to do, and know that not everybody can afford a house, that's why we have social housing plans. So no corporations that suck the dick out of poor people who can not afford it. The US, so great capatalistic system though they could achieve war on terrorist (fight yourselfs), outsourcing, reducing taxes and giving a house to everybody? No thats smart.
This has nothing to do with the SO feared communism, this was blunt, pure stupid greed, since you where all so warried about this communist thing, that just the slightest event completly messed up all your judgements after 9/11.
I live next to this thing, we where never worried, you have a ocean between it and seem to think that you will get attacked any time.
Come and visit a former communist country. Nice people, nice place, nice food.

"Where were YOU when the marxist Democrats were mandating that common sense and the regulations be overridden and that mortgages via the Community Re-Investment Act, specifically changes made circa 1994 (Fannie, Freddie, Frank, Dodd, and ilk) be given to people who didn't have the means to repay those loans???"

U.S. Financial Conditions Index Hits 8-Month High

Could someone please try to analyse what could possibly be faked on this graph. I have been reeding to many articles, which too many analysis, as for me to believe this straight forward.

Please refer to the latest articles of Tyler Durden
seekingalpha.com/autho...
They all seem to tell something different, and make more sense to me.