tag:blogger.com,1999:blog-4102429195693595750.post2864923730113206849..comments2024-02-24T19:10:00.395+02:00Comments on Sudden Debt: Debt and The Second LawHellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-4102429195693595750.post-13682826232695582262013-03-18T16:57:15.721+02:002013-03-18T16:57:15.721+02:00If this is the case, producing a good economic gro...If this is the case, producing a good economic growth. I stand for it.San Antonio Conferencehttp://pedrottis.com/conventionsnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-6611456617727645192012-10-19T12:55:13.174+03:002012-10-19T12:55:13.174+03:00Jacksonville FL Bankruptcy Lawyer,
I feel pleasur...<a href="http://cashadvance-lending.info/%22" rel="nofollow">Jacksonville FL Bankruptcy Lawyer,</a><br /><br />I feel pleasure to read the content that you are posting.peter watsonhttps://www.blogger.com/profile/10105854894052291071noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-35871399277947207432012-10-19T10:37:20.449+03:002012-10-19T10:37:20.449+03:00Mark Buckley,
Thanks for sharing this information...<a href="http://cashadvance-lending.info/%22" rel="nofollow"> Mark Buckley,</a><br /><br />Thanks for sharing this information its really nice.peter watsonhttps://www.blogger.com/profile/10105854894052291071noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-70343762801938910932011-09-22T20:30:18.321+03:002011-09-22T20:30:18.321+03:00Hell, you inspired me to post on the Hell-spawn s...Hell, you inspired me to post on the <a href="http://www.streetratcrazysaloon.blogspot.com/" rel="nofollow"> Hell-spawn site </a> . No market, no point in dollars or gold. Social stability needs to be considered.<br /><br />Greenie, we seem to remember Thai very differently. He could disagree in a civil, even amiable, manner. He often defended Hell (and pretty much everyone else) from your pointless ad hominem attacks. I distinctly recall him once telling you to "stop being a putz". C'mon, disagree in a way that encourages discussion instead of making people want to leave.Dinknoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-82872506771644522122011-09-22T01:52:12.254+03:002011-09-22T01:52:12.254+03:00Yes, it would be nice to get a crash in gold. I am...Yes, it would be nice to get a crash in gold. I am looking forward to that, because I have not bought as much as wanted when gold price was way below. On the other hand, none of the suckers I know has bought any gold.Greeniehttps://www.blogger.com/profile/16723475560144858107noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-87822145441128710712011-09-21T07:09:04.018+03:002011-09-21T07:09:04.018+03:00I am not bearish or bullish, per se, on gold. I a...I am not bearish or bullish, per se, on gold. I am a gold agnostic when it comes to its use as a monetary base, or anchor. In this, I fully subscribe to Keynes' view: it's a barbarous relic.<br /><br />That being said, its price chart does look scary, the blathering masses are talking it up like crazy, the world is running out of vault space (search for the Bloomberg story today).... and there is a VERY convincing fundamental reason to own gold.<br /><br />In other words... caveat emptor.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-72537184855467323862011-09-21T02:53:49.160+03:002011-09-21T02:53:49.160+03:00I wish Thai and other oldtimers were with us to re...I wish Thai and other oldtimers were with us to remind us of Hell's bad calls.Greeniehttps://www.blogger.com/profile/16723475560144858107noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-53862761180818588902011-09-21T02:53:00.998+03:002011-09-21T02:53:00.998+03:00Some things never change.
Hell, Let me remind you...Some things never change.<br /><br />Hell, Let me remind you that you were heavily bearish on gold 3 years back, and thought it was worthless. <br /><br />So, could it be that your DRYS call was a random shot? If I am bearish on 12 random sectors, law of probability says that I will be right about 6 and wrong about 6.Greeniehttps://www.blogger.com/profile/16723475560144858107noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-26185758949356399502011-09-20T18:58:10.844+03:002011-09-20T18:58:10.844+03:00Point taken.Point taken.camabronhttps://www.blogger.com/profile/10024146459457965038noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-91755958504740044982011-09-20T16:11:21.686+03:002011-09-20T16:11:21.686+03:00Gold will not collapse as bubbles do if the world ...Gold will not collapse as bubbles do if the world returns to a gold standard.<br /><br />In following with your permagrowth critique - what is more conducive to impossible permagrowth: keystroke money or gold?<br /><br />I believe the 40 year experiment in pure debt issuance for settling (im)balances of trade and consumption is nearing its end. <br /><br />Yes, there are a lot of snakeoil salesmen hawking gold recently - and that happens for all asset classes, but that doesn't take away from the fact that central banks, on the whole, never got rid of their gold, and are net buyers now.<br /><br />Something's brewing.Misthoshttps://www.blogger.com/profile/13651854500747126595noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-61041474778617642492011-09-20T10:31:13.566+03:002011-09-20T10:31:13.566+03:00You are not taking into account 'value'. A...You are not taking into account 'value'. As debt increases and the money supply increases, the call on the future physical world does not necessarily increase as that depends on 'values' which are reduced by their very increase, if you see what I mean.<br /><br />What more debt really means is that some people are getting more wealthy as some are labouring under more debts. It's a reflection of imbalances between trading entities whether they be individuals (rich and poor), countries (Greece and Germany, USA and China) or companies and people say. <br /><br />When the imbalances get too big, demand falls. There are only a litmited number of ways to correct imbalances - default, fiscal transfers or indeed the creation of even more debt to devalue existing debt....as long as the indebted's debts on the whole are devalued whilst savings are too in order to redress those imbalances.Alhttps://www.blogger.com/profile/14381013196081166483noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-39482472053883277792011-09-20T06:54:43.192+03:002011-09-20T06:54:43.192+03:00Abt. log charts...
I must admit that I am not a b...Abt. log charts...<br /><br />I must admit that I am not a big fan of them. Yes, they properly display rates of change, but linear charts are better at depicting gross dollars and cents.<br /><br />And since we earn or lose absolute money instead of percentages, my personal preference is linear.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-23709596577825798982011-09-20T06:46:57.744+03:002011-09-20T06:46:57.744+03:00"Its not relevant, the author's model is ..."Its not relevant, the author's model is Capitalism!"<br /><br />Oh, that's priceless!!! Thanks for sharing, Brian.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-9162181999921985602011-09-20T00:38:06.740+03:002011-09-20T00:38:06.740+03:00When even one of my big group of friends buys gold...When even one of my big group of friends buys gold, then I might agree that we are in a bubble. As of today, they still just laugh. Moreover, something like .1% of all investment dollars are in gold. When that is 10% or more, that could be a bubble.<br /><br />I would bet that a chart of M2 also looks like a bubble. My bet is that it will continue.ChicagoMarkhttps://www.blogger.com/profile/00156461718854457236noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-16477639210852335702011-09-19T23:02:28.674+03:002011-09-19T23:02:28.674+03:00Hi,
That 2nd Law! I am in a MA class, taking a...Hi, <br /><br />That 2nd Law! I am in a MA class, taking a module, 'International Financial Crisis'. I'd be better off reading your stuff, seriously.<br /><br />Anyhow, we had a 'discussion' to-day - about a book, Bad Samaritans (Chang). I innocently asked about the author's economic Model-in-Use. Its not specifically metioned, but it appears to be Permagrowth. When I mentioned the term all I got were blank stares (2 faculty, 24 postgrads). I then asked about Albert Bartlett. More blank stares. Then I asked who were the engineers and scientists in the room. One of the faculty said he had an engineering background. So I said, "that 2nd Law ... ...?" <br /><br />Answer: "Its not relevant, the author's model is Capitalism!"<br /><br />Cheers,<br /><br />Brian.Brian Woodsnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-81516118615481526652011-09-19T21:47:24.343+03:002011-09-19T21:47:24.343+03:00You should post a semi-log scale chart of gold Hel...You should post a semi-log scale chart of gold Hells. It paints a more real picture when markets go ballistic.camabronhttps://www.blogger.com/profile/10024146459457965038noreply@blogger.com