Well that was a fine demonstration of rationalization. Seems clear you were mocking Gary and drew us into to his ire in the process. The little withdrawal admonition that you thought it was just funny based on his incorrect analysis… and not so subtly positing we should have responded soley to the erroneous data… puh leeez.
Whatever… on with the show. Here’s a new AP via YahooNews that supports your/our notions – in spades.
”and not so subtly positing we should have responded soley to the erroneous data… puh leeez.”
I don’t know what that means Lyle, but I am sitting here wondering if any of this is worth it.
I really don’t think it is.
I write very, very long comments that are *absolutely* worth it to stick around OTP for, so don’t let me read any more of this jibber-jabber from you…
(Nope, I still haven’t left yet. Not good, ;-).)
Ref the ECB being allowed to print money and buy bonds, and intervene in the markets….
I remember not too long ago, an article regarding the FED stepping in to help, if needed..??
Did I dream that one..??
( Maybe they were to intervene in something else, I may just `Google` it and see..?? )
With respect to Gary, I think most could see the error in the facts, but I don’t find it amusing, I find it bloody frustrating….!!!
I made an effort to really watch the second vid, and kind of wish I didn’t…
I spent most of it thinking `are you going to get to the point..?` and `calm down Gary`…!!!
I’ve said it before, it is just a style thing with me I think…???
But I kind of felt compelled to watch it all, especially after my `thoughts` this morning…
( Unfortunately, it still doesn’t work for me, I end up switching off when the rant starts, or thinking about the facts he has wrong, instead of the symptom he is highlighting )
Lastly, any thought on a bit more Argie-Bargie on the horizon…??
There may be oil within sniffing distance of Argentina, but there is an obstacle…..
I think the Fed can do anything in the world, but not right before an election.
My putting up the Gary video was a mistake. I found it funny and didn’t give it enough thought that other people aren’t like me. Now I don’t find it funny at all.
I have lost all direction.
Argentina and Iran are going to blow soon. It won’t help.
This European thing could not be going any worse. An impossible situation.
What is left, just making predictions~?
Waiting for it to fall apart~?
You are sounding a little `down`..??
Don’t let it bother you, draw a line in the sand, and move on….
Nobody is perfect Nick…. And none of us are the same….
I forgot to ask, are you wearing a hospital gown in this vid..???
P.S. reference your question `What is left`…??
Making the most of it, of course…!!! ( I certainly intend to :) )
It is a type of pyjama top, Mrs Mystic made for me to wear in hospital.
I am using it as a summer shirt.
I don’t want to burden you, but you do realize how terrible “making the most of it” actually is, if you give it a little thought~?
I will do my best, what else can I do..??
Writing this comment, a phrase came to mind….
Que sera sera…..
The fed cannot create jobs.
Hmm,second thoughts, I suppose it could.
So you’re right!
The fed as lender and employer of last resort!
The fed can do anything…….
We’ll all work for the fed!!!!
Gary was fine, I get the feeling he is on the side of the angels. You can question his analysis, but at least he is trying, which is more than can be said for many.
The video was a useful insight into perceptions and emotion. It amazes me there is not more visceral anger, but then that needs a simple and clear target, and unity of purpose, to manifest. I have seen distrust and resentment suddenly switch to shooting and bombing. When it happens the change can be very sudden.
There is a list of things that must be in place for a revolution to succeed (I forget where I read it, but can remember enough to know that maybe one of the five is in place in the western world).
Not so much for a revolution against the government, but for a revolution against whatever may be going wrong with the system…….
…..and there is one of the things – The `wrong` must be obvious.
The wrong is not obvious and I can’t see it ever being obvious.
The things that are wrong are technical and not (particularly) moral.
The revolution won’t be televised, because it is going to be very boring.
The wrong need only appear to be obvious and can be way off the mark.
Take up the white man’s burden, the Savage War of Peace. Fill the mouth full of famine and bid the sickness cease. OR ELSE!
Oh shit yeah ….. If there is ever a `wrong` found to unite behind, you can guarantee it will be the wrong `wrong`~!
and be addressed in the wrong manner.
Seems like Gary is in need of an economic lesson, watchin the previous videos and it’s clear the information lacks beyond all the principles and concepts of it.
Oh Nick – if you can manage it, giv’us a wee walkabout in the garden & stuff, eh – ah, c’mon~!
Mrs Mystic has had problems as well this year, so it is all a bit of a mess.
I hear ya… Yeah, me old man’s health problems are steadily mounting. Hello, Mystics’.
Yep. Sorry doc. This sort of thing has happened before.
(can the Fed not help~!?)
The big brains that visit here will only ever be a day or two ahead of the curve. The rest of us, well, we will not even see it coming.
No point in getting too angry (or beat up). Dust in the wind.
Coming your way soon. The cash society.
This has attracted a massive number of followers/posters.
Things are not going to get better. It is a flat line at best.
People are going to try and “do stuff ‘out of the system’ ” to get more for their money, rather than pay tax and more tax to the ineffective and self-serving profligate government.
As at least one poster said, “cash is legal tender for bills”. So a raised middle finger for the government/tax man.
Governments will not be happy, as they cannot effectively tax cash transactions.
Will they try and ban cash?
Or will the population refuse?
With the threat of charging to hold money on deposit, TPTB are surely saying that the national currency is worth fuck all?
“We’ll give you shed loads for nothing and charge you for having it”
Yep, the rule of unforeseen consequences is surely going to poke its head up somewhere.
Just an observation, but have noticed a marked increase in people paying suppliers etc in cash. It may not be representative of the wider economy, but it could explain why the UK jobless figures are more buoyant than the economic data would suggest. Definitely an increase in alienation from those they (the common man) see as the ‘establishment’.
If rates go negative or rates on excess reserves go to zero, the banking system makes gold a 100% risk free Tier 1 asset (currently 50%), money will go into gold instead of the economy and it will be deflationary!!! Did I miss something there ?!
I hope you missed lots~!
(but that’ll do for one comment)