Chart Of The Day: The Great Regime Change

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Thu, 01/13/2011 - 17:19 | 874295 hedgeless_horseman
hedgeless_horseman's picture

Change (regime), bitchezzz!

Thu, 01/13/2011 - 17:33 | 874378 shushup
shushup's picture


Thu, 01/13/2011 - 17:42 | 874413 Dont Taze Me Bro
Dont Taze Me Bro's picture

I am not surprised by the chart. It was during the 80's when Milton Friedman's economic theories moved from the academic circles into the halls of power, hence, the dismantling of the Western industrial economies had begun.

Thu, 01/13/2011 - 18:10 | 874527 pcrs
pcrs's picture

a correlation does not mean a cause consequence relation ship and Friedman opted for smaller government, but government has only grown every year of every decade. So your remark is false on several levels.

Thu, 01/13/2011 - 18:12 | 874532 aerojet
aerojet's picture

Yeah, Keynes had *nothing* at all to do with it!

Thu, 01/13/2011 - 17:33 | 874301 Spalding_Smailes
Spalding_Smailes's picture

Everyone is busy selling gold/silver mining stocks after the bell, this thread may take a bit to get rolling .... Turd & Harvey are getting antsy ... ( Talking about silver/$20.00 )

Turd ...? Turd ....? Get ready for liftoff NVDA, MIPS, SPRD,ARMH ... Intel numbers are good.




.... "South Florida," he said, "is working off of a totally new economic model than any of us have ever experienced in the past" according to a realtor who predicted that a land shortage will support higher prices indefinitely." ......


"Trading Places: Real Estate Instead of Dot-Coms", in the NYT.



Within a month of putting her two-bedroom house in San Francisco on the market recently, homeowner Linda Gao had five offers, each one above her asking price of $699,000. So before accepting the most-attractive bid, she threw in an extra condition: If you want to buy my house, you have to feed the squirrels.

Two weeks later, she and the buyer hammered out a contract that included feeding the backyard wildlife, which Ms. Gao has done three times a week for the past two years. "I don't think it matters if it's a buyer's market or a seller's market," Ms. Gao says. "Anyone with a good heart would feed them."


Indeed, when Susan Butler was negotiating to buy Ms. Gao's San Francisco property, she was resigned to the feeding schedule. "At that point, I said, 'Yeah, what the hell, I'll feed the squirrels,'" she said. She signed a contract in April, paying $815,000 -- or $116,000 over the asking price. Will Ms. Butler actually feed her new furry friends? "Probably not," says the college administrator. "I don't want to encourage other rodents." -----"In a Booming Market, Sellers Can Be Choosers" by Amir Efrati, Wall Street Journal


Available listings as of Aug. 1 totaled 9,555, up 68.9 percent from a year ago. `That's a big number,' said Portland economist Jerry Johnson.

- "Housing boom might be kaput" by Dylan Rivera, The Oregonian.


"People who talk about a bubble are blowing smoke,"

- Michael Carney, Real Estate Economist
California State Polytechnic University Pomona.
Thursday, February 10, 2005



Thu, 01/13/2011 - 17:56 | 874470 mynhair
mynhair's picture

Why are you ragging on South FL?  Is that Miami or Naples?

SW FL is fine.  (N of Cape Corral /int)

Thu, 01/13/2011 - 17:59 | 874483 Spalding_Smailes
Spalding_Smailes's picture

My buddy has a pimp place in Marco - 30ft. fishing boat. Very nice place -

Viva - Nacho Mama's

Thu, 01/13/2011 - 18:17 | 874545 goldmiddelfinger
goldmiddelfinger's picture

MIPS ARMH AFOP FBSR SPRD STEC all these  andriod infra guys been rollin since  September earnings blowouts.

BTW coooold south Fl today. Boat's tied up. Golf clubs on lockdown.

Thu, 01/13/2011 - 18:29 | 874574 Spalding_Smailes
Spalding_Smailes's picture

Ya my bud said as much he just came home. I hate golf, I suck. 

Tablets cannibalizing laptops in a few years they will be in the dust bin' of time. ARMH geez who knows how high that will go .... I will look into the others, thanks. Wait till it hits overdrive in the summer with all the new tablets coming online, also the new smartphones  w/4G ... The new LG Revolution is pimp'

Thu, 01/13/2011 - 19:07 | 874702 PicassoInActions
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its cold today, but the warm tought that everywhere is much colder warms me up.

We will be in 70+ by the weekend.

And as for the market in South Florida... down 67 %

Thu, 01/13/2011 - 19:15 | 874729 mynhair
mynhair's picture

Just keep the snow birds away.  Don't need anybody down here that didn't live thru Charley.

Thu, 01/13/2011 - 18:25 | 874566 Missiondweller
Missiondweller's picture

As a resident of SF (In the Mission) I can only laugh at the additional condition of feeding the squirrels. How very San Francisco! LOL

Thu, 01/13/2011 - 18:51 | 874650 Logans_Run
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I received my undergrad from Cal Poly and always thought that Carney was full of shit (had him twice). Thanks for the quote!

Thu, 01/13/2011 - 17:14 | 874307 Selah
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The Bernank told a panel Thursday afternoon he is "optimistic" and expects the U.S. economy to grow at a healthy pace of between 3% and 4% this year. The Bernank also said the key U.S. jobs situation is improving.


Thu, 01/13/2011 - 17:29 | 874360 wisefool
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The current version of the Ben Bernake also told CNBC that he "did what he did to help the most people possible." Ben Franklin had a rebuttal, and an illegitimate child.

It is time that academia create a degree higher than PhD for the sake of good writing and student loans.

Thu, 01/13/2011 - 17:41 | 874412 buzzsaw99
buzzsaw99's picture

The current version of the Ben Bernake also told CNBC that he "did what he did to help the most people possible."

Wowsers! That's the biggest lie evah!

Thu, 01/13/2011 - 18:02 | 874494 whatz that smell
whatz that smell's picture

it's a parabolic bubble of liars lying!

Thu, 01/13/2011 - 18:30 | 874586 Implicit simplicit
Implicit simplicit's picture

Its a lie derivative= a scam

Thu, 01/13/2011 - 19:00 | 874682 Sudden Debt
Sudden Debt's picture

He's living in a world with not a lot of people in it.

You, me... we don't mean anything to people like him.

And when he talks about "as many people as he could" he meant: All his fishing and golfing buddies. Yes as many as he could.

Thu, 01/13/2011 - 19:30 | 874764 rocker
rocker's picture

In the Bernanke's world.  People have a minimum of 10 million dollars. All others are Peons. 

Thu, 01/13/2011 - 19:47 | 874799 hambone
hambone's picture

We are the collateral that gets damaged in Ben's world...and ten x's so for the poor of the world set to starve due to Merica's massive exportation of inflation.

Thu, 01/13/2011 - 18:10 | 874526 wisefool
wisefool's picture

Are you questioning my memory of a CNBC bumpber advert? Or whether the Ben Bernanke has something solitary to gain from printing a $500 bill? (face TBD)

Thu, 01/13/2011 - 18:35 | 874598 buzzsaw99
buzzsaw99's picture

Are you questioning my memory of a CNBC bumpber advert?

not at all. it takes a mighty big whopper from the bernank to catch my attention. this is like late stage zombie fascism propaganda from some undead central bank specimen jar. egad.

Thu, 01/13/2011 - 17:21 | 874325 mynhair
mynhair's picture

INTC rev is bullish.  They sold something.

Sealy is a big miss:  people aren't sleeping very well.

But Consumer Reports CONfidence is high!

Thu, 01/13/2011 - 18:20 | 874551 papaswamp
papaswamp's picture

I'm wondering how much the R&D tax credit helped.

Taxes 24% vs 31% expected. Nice little 7% save on taxes.

Thu, 01/13/2011 - 17:22 | 874330 lynnybee
lynnybee's picture

...... & deliberately ignoring the DEPRESSION.   deliberately ignoring poverty in this country.    it's all psychological.   wasn't that LARRY SUMMERS into management of perspective economics (m.o.p.e.)  bigtime ?   it's all about giving the illusion that everything is O.K.   The percentage of people left in this country that can afford to live a decent life is getting smaller & smaller............. this isn't going to end well for anyone !

Thu, 01/13/2011 - 17:23 | 874337 ThreeTrees
ThreeTrees's picture

 Federal Reserve imposed demand floor, bitchez!

Thu, 01/13/2011 - 17:23 | 874342 kevinearick
kevinearick's picture

an even bigger Soviet Union.

the problem with brain-dead competition, uh capitalism, is the same, inertia with a different set of clothing on the cronies.

Thu, 01/13/2011 - 17:24 | 874343 mynhair
mynhair's picture

So, do the rare earths take off again?

Thu, 01/13/2011 - 17:41 | 874408 goldmiddelfinger
goldmiddelfinger's picture

Let's Celebrate Rare Earth !

Thu, 01/13/2011 - 17:24 | 874344 Tic tock
Tic tock's picture

Yeah, but you think the thieves know anything past their own noses.

Thu, 01/13/2011 - 17:26 | 874350 mynhair
mynhair's picture

God damn it, the best year ever!  Get bullish, you realists!

Thu, 01/13/2011 - 17:28 | 874357 Pullmyfinger
Pullmyfinger's picture

Oil, gold, silver AND the dollar dropped today. Does that make sense? I think inflation is up. hmm.. maybe I've flipped and it's time to invest in inflation.

Thu, 01/13/2011 - 17:48 | 874439 Black Forest
Black Forest's picture

You were 45 hours too late to the regime change.

Thu, 01/13/2011 - 17:35 | 874385 goldmiddelfinger
goldmiddelfinger's picture

Gold? Gold will be CRUSHED

Thu, 01/13/2011 - 17:45 | 874406 Spalding_Smailes
Spalding_Smailes's picture


The GDP forward print of 4% taking its toll .... The godfather is OUT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 


.............. " Gold is “ overdue for a rest ” and probably will fall after a decade of uninterrupted gains that sent prices to a record, said Jim Rogers, the chairman of Rogers Holdings who predicted the start of the global commodities rally in 1999.

While gold “may go down for awhile,” the metal is “going to go over $2,000 in this decade,” Rogers, who owns gold, silver and rice, said today during a presentation to business executives in Chicago. Gold touched a record $1,432.50 an ounce in New York on Dec. 7. The price closed today at $1,387."  ................


Thu, 01/13/2011 - 18:18 | 874546 aerojet
aerojet's picture

Which decade?  Was he saying this in 2010 or in 2011?

Does he count 2000-2009 as the first decade?

Thu, 01/13/2011 - 18:36 | 874591 Spalding_Smailes
Spalding_Smailes's picture

He said it today. I posted this video last month & you could tell his feelings then ...



The link from Today.

Thu, 01/13/2011 - 17:43 | 874419 Pullmyfinger
Pullmyfinger's picture

What an odd image. Would that happen if the Chinese government fell on it?

Thu, 01/13/2011 - 17:41 | 874409 whatz that smell
whatz that smell's picture

IF: inflation(x) and deflation(y) and yield(z)

THEN: btfd

ELSE: btfd


Thu, 01/13/2011 - 17:43 | 874420 buzzsaw99
buzzsaw99's picture

the bernank can't help you if you don't buy stocks.

Thu, 01/13/2011 - 17:50 | 874447 whatz that smell
whatz that smell's picture

praise be the bernank! may the stocks be with you.

Thu, 01/13/2011 - 17:42 | 874418 AGoldhamster
AGoldhamster's picture

of topic - but this comment over at turds blog made my day:

Thu, 01/13/2011 - 19:26 | 874753 Blano
Blano's picture

Hahaha that was cute.

Thu, 01/13/2011 - 17:45 | 874424 RobotTrader
RobotTrader's picture

Reason for the violent selloff in PM stocks this afternoon:

Gold broke a key trendline and support level in many foreign currencies.$GOLD:FXE,$GOLD:FXY,$GOLD:FXC,$GOLD:FXS,$GOLD:FXA,$GOLD:FXM,$GOLD:FXB,$GOLD:FXF|D

Looks like everyone is piling into chip stocks after the bell.


Thu, 01/13/2011 - 17:47 | 874433 goldmiddelfinger
goldmiddelfinger's picture

Gold is making an ugly head and shoulders under the trend line it BROKE A WEEK AGO!

Thu, 01/13/2011 - 17:51 | 874455 Spalding_Smailes
Spalding_Smailes's picture

Rogers is out. Those charts are brutal, you will see the mother of all selloffs/waterfall martin armstrong like ---- > below $1,340 - $1,350 ....


Dollar up, gold down, stocks up all year, who would have thunk it but ill keep beating that drum.

Thu, 01/13/2011 - 17:54 | 874460 goldmiddelfinger
goldmiddelfinger's picture

I'll pay $980 for an ounce of gold.

Thu, 01/13/2011 - 17:56 | 874471 Spalding_Smailes
Spalding_Smailes's picture

I'll give you $ 12 for the rest of your Silver Wheaton ....

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