NARC/"I don’t agree that the carry trade, as the fundamental problem, I would
say the impact of the reset interest rates, along with the oil price spike was the catalyst and that was more into the spring and summer of 2008, then 2007. Interestingly, Lehman Bros bet correctly that it would not last, and Goldman bet on $200 barrel oil, maybe their contagion with the “Beyond Petroleum” scam led them astray on that
score"
Unfortunately,the Core problem is deeper,our paper is diminishing in value and increasing in volume. Anyway,I called the beginning of Great Depression 2 in July 2007,and even in Depressions,there are ups and downs. If you check the Chronology of GD1,you will see that GD2 has an disturbingly similiar shape to GD1. So three years in,its 1932 in a GD1 time frame. BTW,I called the 2007/2008 meltdowns accurately in the sense that I attributed overuse/misuse of Derivatives to be the trigger. There were very few who believed that Derivatives could bring down a $16 Trillion GDP,but there were a very few who knew that the "REAL" GDP was much smaller than the Govt figures. Anyway again,A # of "REAL" economists now believe that we are moving towards a Depression;they don't want to admit that they are three years behind my curve. Here's the thing,my competence is understanding MacroEconomic trends,because common sense,and ordinary logic work very well to comprehend large events. Microeconomics is a different skill set,as is actually making money from the market,a skill which I remain clueless, The Macro Side is about long time frames,so I knew,back in 1971,when we went to a Fiat Currency,and we floated our currencies against each other,and we forced the price of oil up x4,and we developed derivatives to take the disorder out of currency trading,everything was in place for GD2,it was a matter of 36 years for the dominos to fall. Everything for GD1 to happen started at the end of the Nineteenth Century. Events take a little time to consumate. However,it's no fun whatsoever being a Cassandra,so I am posting the following to show that at the moment I'm not the only one at the party.
http://www.businessinsider.com/23-doomsayers-who-say-were-heading-toward-depression-in-2011-2010-5
One more note,The Stalinst Rag CounterPunch has three excellent Economic Analysts,two of which are listed in the above,Peter Morici,and Mike Whitney. Mike Hudson,who is very astute,is not mentioned but should have been.
You don't have to worry about Cockburn,Ahmadinejad,
Arafat or Hamas.
Lieberman,without any help from the above wrote this,and I don't blame anyone at Contentions for avoiding it.
http://www.jpost.com/Opinion/Op-EdContributors/Article.aspx?id=179333
publication that would certainly have been on a HUAC list. In addition to it’s solicitous nature toward anti Zionists, but rarely any equal anger
at Salafi elements
You still haven't commented on Lieberman's plan for the Arab citizens of Israel, and how would I have found out about this idea from the Deputy Prime Minister of Israel,I didn't hear about it at NRO,WSJ,Washington Times,NY POST,Weekly Standard,or Drudge or any other Conservative Journal,maybe it's not newsworthy,or maybe it's antisemitic to post his article.
CK MacLeod wrote:
Incidentally, what does it mean to say that Counterpunch is “Stalinist”? Do they have little portraits of Uncle Joe in all of their offices? I don’t recall Rex ever linking to articles praising “democratic centralism,”
Good Point,Actually.all I am is a throwback,a 1950s style American Capitalist/Progressive. And that makes me appear like a Stalinist???
Yes, I read the articles,both by Cook and Lieberman,Fine, I hope it happens. What I want to see is the pundits at CONTENTIONS discuss this aspect of Israeli strategy. I have never heard the PODs or Rubin et al even mention this. EVER.
Today in Contentions,Tobin on Lieberman,but no mention of Lieberman's plan for the two state solution. George J,are you present today?
Lieberman’s Truthful Indiscretion
Jonathan Tobin - 06.29.2010 - 4:55 PM
Avigdor Lieberman is in trouble again. The Israeli foreign minister was quoted at a joint news conference with his Russian counterpart, Sergey Lavrov, as saying that he thought there was “absolutely no chance of reaching a Palestinian state by 2012.”
http://www.commentarymagazine.com/blogs/index.php/tobin/322141
"Avigdor Lieberman, Israel’s far-right foreign minister, set out last week what he called a “blueprint for a resolution to the conflict” with the Palestinians that demands most of the country’s large Palestinian minority be stripped of citizenship and relocated outside Israel’s future borders."
say the impact of the reset interest rates, along with the oil price spike was the catalyst and that was more into the spring and summer of 2008
Are you sure? The world is betting big time that Gold will replace KING DOLLAR as the Reserve Currency. That means something undercut the power of the Dollar,Maybe the Carry Trade?
http://wallstreet.blogs.fortune.cnn.com/2010/06/29/russian-spies-goldbugs-and-the-struggling-dollar/
Regarding Sarah Palin,I find her similiar to ,(Has this been discussed?)
Aimee Semple McPherson. Had Aimee lived today in our Techno-Fantasy World,she would likely have thrived,and been a political celebrity.
"Well what did the stimulus get us, at least in the short run, stagnation at the
most charitable, a third depression at the least."
What it got us was NOTHING,it just didn't do anything,it was like digging a hole,and refilling the hole,and calling it a construction project.
However, It had nothing to do with the fact that Great Depression 2 started in July 2007(Chronology);we're three years in,and it's amazing how similiar the Obamaites are to the Hooverians.
Plus we should never fail to note, comrade, that Josef Stalin was certainly the greatest economist of all time.
Well,he was certainly one of the greatest NUMBER CHRUNCHERS,#s of people that is.
NARC/"I don’t agree that the carry trade, as the fundamental problem, I would
say the impact of the reset interest rates, along with the oil price spike was the catalyst and that was more into the spring and summer of 2008, then 2007. Interestingly, Lehman Bros bet correctly that it would not last, and Goldman bet on $200 barrel oil, maybe their contagion with the “Beyond Petroleum” scam led them astray on that
score"
Unfortunately,the Core problem is deeper,our paper is diminishing in value and increasing in volume. Anyway,I called the beginning of Great Depression 2 in July 2007,and even in Depressions,there are ups and downs. If you check the Chronology of GD1,you will see that GD2 has an disturbingly similiar shape to GD1. So three years in,its 1932 in a GD1 time frame. BTW,I called the 2007/2008 meltdowns accurately in the sense that I attributed overuse/misuse of Derivatives to be the trigger. There were very few who believed that Derivatives could bring down a $16 Trillion GDP,but there were a very few who knew that the "REAL" GDP was much smaller than the Govt figures. Anyway again,A # of "REAL" economists now believe that we are moving towards a Depression;they don't want to admit that they are three years behind my curve. Here's the thing,my competence is understanding MacroEconomic trends,because common sense,and ordinary logic work very well to comprehend large events. Microeconomics is a different skill set,as is actually making money from the market,a skill which I remain clueless, The Macro Side is about long time frames,so I knew,back in 1971,when we went to a Fiat Currency,and we floated our currencies against each other,and we forced the price of oil up x4,and we developed derivatives to take the disorder out of currency trading,everything was in place for GD2,it was a matter of 36 years for the dominos to fall. Everything for GD1 to happen started at the end of the Nineteenth Century. Events take a little time to consumate. However,it's no fun whatsoever being a Cassandra,so I am posting the following to show that at the moment I'm not the only one at the party.
http://www.businessinsider.com/23-doomsayers-who-say-were-heading-toward-depression-in-2011-2010-5
One more note,The Stalinst Rag CounterPunch has three excellent Economic Analysts,two of which are listed in the above,Peter Morici,and Mike Whitney. Mike Hudson,who is very astute,is not mentioned but should have been.
You don't have to worry about Cockburn,Ahmadinejad,
Arafat or Hamas.
Lieberman,without any help from the above wrote this,and I don't blame anyone at Contentions for avoiding it.
http://www.jpost.com/Opinion/Op-EdContributors/Article.aspx?id=179333
publication that would certainly have been on a HUAC list. In addition to it’s solicitous nature toward anti Zionists, but rarely any equal anger
at Salafi elements
You still haven't commented on Lieberman's plan for the Arab citizens of Israel, and how would I have found out about this idea from the Deputy Prime Minister of Israel,I didn't hear about it at NRO,WSJ,Washington Times,NY POST,Weekly Standard,or Drudge or any other Conservative Journal,maybe it's not newsworthy,or maybe it's antisemitic to post his article.
CK MacLeod wrote:
Incidentally, what does it mean to say that Counterpunch is “Stalinist”? Do they have little portraits of Uncle Joe in all of their offices? I don’t recall Rex ever linking to articles praising “democratic centralism,”
Good Point,Actually.all I am is a throwback,a 1950s style American Capitalist/Progressive. And that makes me appear like a Stalinist???
Yes, I read the articles,both by Cook and Lieberman,Fine, I hope it happens. What I want to see is the pundits at CONTENTIONS discuss this aspect of Israeli strategy. I have never heard the PODs or Rubin et al even mention this. EVER.
narciso wrote:
Seeing the way that Jonathan Cook, phrased it, probably substantially
false
Forget Cook,Forget Counterpunch,here's Lieberman's article
http://www.jpost.com/Opinion/Op-EdContributors/Article.aspx?id=179333
narciso wrote:
They posted this latest effusion from the stalinist org that is Counterpunch
I understand that Narc,but is that Lieberman's plan,TRUE or FALSE? Don't confuse messenger wit message.
Today in Contentions,Tobin on Lieberman,but no mention of Lieberman's plan for the two state solution. George J,are you present today?
Lieberman’s Truthful Indiscretion
Jonathan Tobin - 06.29.2010 - 4:55 PM
Avigdor Lieberman is in trouble again. The Israeli foreign minister was quoted at a joint news conference with his Russian counterpart, Sergey Lavrov, as saying that he thought there was “absolutely no chance of reaching a Palestinian state by 2012.”
http://www.commentarymagazine.com/blogs/index.php/tobin/322141
"Avigdor Lieberman, Israel’s far-right foreign minister, set out last week what he called a “blueprint for a resolution to the conflict” with the Palestinians that demands most of the country’s large Palestinian minority be stripped of citizenship and relocated outside Israel’s future borders."
http://www.counterpunch.org/cook06282010.html
(also in Recommended Browsing)
say the impact of the reset interest rates, along with the oil price spike was the catalyst and that was more into the spring and summer of 2008
Are you sure? The world is betting big time that Gold will replace KING DOLLAR as the Reserve Currency. That means something undercut the power of the Dollar,Maybe the Carry Trade?
http://wallstreet.blogs.fortune.cnn.com/2010/06/29/russian-spies-goldbugs-and-the-struggling-dollar/
862 billion, that is not a non event
It is based on the Future value of our Risk.
narciso wrote:
I don’t agree that the carry trade
Even so,within your opinion,the Stimulus was an ex post facto non-event.
Regarding Sarah Palin,I find her similiar to ,(Has this been discussed?)
Aimee Semple McPherson. Had Aimee lived today in our Techno-Fantasy World,she would likely have thrived,and been a political celebrity.
http://en.wikipedia.org/wiki/Aimee_Semple_McPherson
"Well what did the stimulus get us, at least in the short run, stagnation at the
most charitable, a third depression at the least."
What it got us was NOTHING,it just didn't do anything,it was like digging a hole,and refilling the hole,and calling it a construction project.
However, It had nothing to do with the fact that Great Depression 2 started in July 2007(Chronology);we're three years in,and it's amazing how similiar the Obamaites are to the Hooverians.