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This Is Not The World You're Hoping For
Hard to argue with this... just one more quarter, and everything will be fixed... Of course, when you've got Abenomics, Yellenomics, and Draghinomics on your side, what does it matter?
This is not the world economic growth you're looking for...
(h/t @Not_Jim_Cramer)
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Here's hoping the damn thing tanks! Maybe it will finally provide the impetus that people need to finally remove the constraints of a rotten system that suppresses all that is good in the world.
Don't hold your breath Croesus.
How we can simplify the Government:
http://www.zerohedge.com/news/2013-10-10/white-house-republican-meeting-...
simplify the Government
I don't care about simplifying the Beast - I want to starve it and keep it as far from decent people as possible.
It's just a huge global game of musical chairs...
...and the music has stopped.
I think someone put Krokodil in the Hopium injection......
That would explain the scaling and stench of rotting flesh across america.
Hope and change is what we wanted and when Barry leaves hope and change will be the only things we still have. most of the change will be pennies and a couple of odd nickels.
and the hope will be,geez I hope I can find a silver quarter someday.
lower expectations isn't just a blind dating service on the internet, its also barrys essence. Sammy Davis with 2 glass eyes and married to the black ethel mirman. How did it come to this?
The hope and stench left behind is yours, you fkn moron! I don't expect you'll ever take credit for your idiotness- blind dating and barry's idiotness?
Dear God, I hope and pray that idiots like TheMerryPrankster die an honorable death. God forbid that his family ever discovers what an idiot he was.
Can there be a recession inside a depression?
FDR managed it, didn't he? So the answer is "Yes We Can".
.....and he had 3 terms to prove it. We should give Barry 3 terms too.
Nah, just one term but make it with no possibility of parole.
He should talk to Bloomberg - he pulled it off because just like BO - HE KNOWS BEST
SI SE PUEDE holmes
you mean like the new normal?
Aka "the Recovery" the head wound that won't clot and keeps bleeding into our eyes. all i can see is red.
also known as the "soft Recovery" and the "unexpectedly Soft Recovery"
all phrases in quotation marks are trademark Ben Bernanke and the Federal Reserve, ask about opening a franchise near you today.
Green shoots Bitchezzz
It's gonna turn up any day now. Just you watch.
<But BTFATH while you wait.>
Contrast that chart to a chart of the wealth of the .01% over the last 2 years and it will tell you literally everything you need to know.
So...
Stop watching/buying the bullshit movies.
Stop buying the bullshit music. Ther hasn't been any real music for a few decades, anyway.
Stop buying the fucking name brands.
Stop buying shit with corporate logos on them. Are you fucking stupid?
Stop buying a status-symbol new car every three years.
Stop eating out at trendy bullshit restaurants 4 nights a week.
Stop upgrading your fucking phone. Why? The dumbasses who call you don't get upgraded, so WTF?
Stop buying new iShit. No one needs a new fucking app.
Stop paying three-times-value for "green" whatever. How fucking stupid are you?
Yes, the economy will choke. But this madness has got to stop somewhere. Bring the pain, and then let's move foreward.
:)
VACATE BITCHEZ!!!
TJI is correct
Just Stop!!!
sad thing is boycotts seldom work, and if they do the impact is short term, much like the promises Boner and Barry make to each other in the heat of debt passion
worse still those who participate are a tiny fraction
Barry knows this and his boy boner too
they govern a nation of half wits and apathetic retards sprinkled with idealogical hipsters and hillbillies
so just plunder the fucker with your bankster friends and no one will notice
and when the music finally stops, hope that you have satisfied all of your desires and that you will then be safely tucked in below the sod
more like TPTB have perfected the 2 party system system
I don't think that it's an issue of embarking on a "boycott" per se; rather, I think that it's a lifestyle change. Boycotts are meant to "ask" some POWER to change, and, well, there may be some change, but it's quite certain that POWER will continue to pull the strings as it wishes.
There's no conspiracy to do anything other than to keep on doing what they've ALWAYS been doing. The time slices are getting shorter, this is what we're noticing (more rapid changes are easier to spot). The actions are still pretty much the same.
I'd hardly concur with any notion that the bankers (and others) are sitting pretty (through plundering) if they've got fiat and piles of shitty assets. When the paradigm changes, which it will (and they have no control over it), we'll see how "well off" they are...
Done did.
I've already Stopped all of the above, except one. Right now, there's a shit-ton of great music being created in all genres. You just won't hear it on any radio station or TV show. Why? There are numerous reasons, but the most important to me is that this group of artists aren't willing to sell their soul to Madison Avenue.
One of my personal faves, atm:https://www.youtube.com/watch?v=7juqY5QSlBw
Yeah, I'm a redneck.
Great tune. I grew up on metal and started appreciating country a few years ago. Started with Cash and branched out from there. I'm with you that fighting the machine does not include giving up art, even if it is occasionally packaged. Breaking Bad is a good example. Great art and a brilliant commentary on society.
This isn't directed at you, personally- but since you mentioned the other JC: https://www.youtube.com/watch?v=eJlN9jdQFSc
Love it.
Harbanger says you're a girl. Is this correct? I don't check profiles 'cos I don't want nobody checkin' mine. There's nothin' there anyway.
Anyway, I can kinda see where you're coming from better if you're female. That, in and of itself is rather instructional, considering that the Rand you seem to despise was uhhh, female.
I swear upon my own dead body that I absolutely am obsessed with the workings of the female mind, and I kinda-sorta can't keep my mind off their physical parts, too. It is my main weakness.
That's your choice and you are welcome to it, though I suspect you would not actually like Mad Max, as much as you convince yourself you are prepared for it.
You should be willing to accept---this is democracy, after all---that some people read the logline of this site, and are well aware that rain or shine, feast or famine, muddle through or collapse, they're all pushing daisies in the long run. Some have decided that, rather than awaken each and every day and go to sleep each and every night full of anger and bitterness because they cannot have everything their way, they try to salvage a little bit of enjoyment from life as it is. They have decided that living that way, despite the fact others would call it shallow, is preferable to 80 odd years of self-inflicted misery. It's a personal choice, and everyone gets one. You can't fault others for exercising their right of choice. I might agree with one or more of your points, but damn if I have any right, or even any expectation, that I can impose that on others.
Next time get born King and you can make, and impose, all the rules. Until then, you're just one man, one vote. Sorry.
Stopped reading at "---this is democracy, after all---"
I don't accept false premises.
and read "Your Money or Your Life." Live below your means, save and invest. No debt feels good... I have been so long w/o a mortgage the thought of writing a BANK a check every month is unappealing. OF course, driving an older beater will get you some strange looks, but fuck 'em it is paid for. You could almost plan for success by being absolutely contrary to most people. By success I mean financial freedom whatever that means individually. My kids have alot of trouble giving me B-day gifts, because I have what I want, and buying my junk will just get thrown back at them. .
Yeah, and driving an old beater will get you pulled over and jailed, too. I ain't shittin' you, I was at my place of business (I own the motherfucker) at a late hour catching up on what I call "skirt work" (sorry, ladies). Upon leaving, an undercover cop pulled me over in an un-marked car and demanded I get out of mine. An exchange ensued- I am an asshole, after all- he pulled his gun and I said "bye-bye".
So this asshole went to jail, after encountering a roadblock. The fuckheads charged me with dui. Do they have evidence? No. Does it matter? No. Guilty until proven innocent. So, I have a dozen or so of America's finest with affidavits that say I'm guilty. I got no choice, I have to plead to a lesser charge, pay fines, do community service, pay some other asshole to "evaluate" me, and then pay some other asshole to rehabilitate me. Oh, and don't forget the "bonding fees" and towing charges, and of course the fucking leeching lawyer.
I do these things, or my livelihood withers away.
Changing gears;
Remember when your kids were little, and they'd bring you perfectly worthless stuff from the yard (pee-pee flowers) or some little pasteboard thing they'd made? NEVER reject gifts from your kids. If you do, it reflects more on you than it does on them.
Thats a grand tale but i'm not sure the beater car had much to do with your fate.
It is a grand tale, and it actually happened. However, you missed the main point, Prankster. You needn't be guilty of anything, in this day and age, only accused.
If you can't prove a negative, it's off to the hoosegow for you! Nobody can prove a negative.
Sleep well, Prankster. Your day will come.
+1 million
Pull the plug in TV and Hollywood totally or keep being one of their sheep.
off topic but is that (Kruger) Rand or (Ayn)?
Forecasts can be revised, i.e. 'turn that frown upside down!'
We expected a trillion locusts...only got a billion...bullish!!!
Anyone notice all the earnings warnings the last week or so....
336...thousand...new...unemployment claims today. Moar than expected.
Surprising, yes, I know...lol.
Watch this other hand...
Down here ;-)
Now just wait a second. Didn't you see a glitch in some computer in California caused the spike in initial claims!?! As if ANY statistic from the gubbermint means anything anymore. Why isn't there ever a "glitch" when the number beats forecasts? I call B.S!
Lessig has to get that nest of vipers that he's in with up there at Stanford to start filing suits and organizing academia to stop financial tyranny.
Somebody do something.
hey tyler, when the fuck you gonna realize that bad news is good and that's when to be long? such great info on here but your spin has been WRONG for 5 yeras.
funny, even bill gross sort of figured it out
don't get me wrong, watching boomer doomers have to work until they die is poetic justice for that greedy cunt generation
they're all herded up into fixed income and yield driven things... hmmmm, where's the bubble?
just sayin'
The bubble's in your fucking skull, dumbass.
so witty :)
great avatar too perch
princeton?
Teddy, how do you spell
"sentance"?
Nothing wrong with a troll lurking about, unless they are illiterate.
Teddy, can you spell illiterate?
Can you use it in a sentance?
hey, the bully gang is all here!
thx zero, i'll work on my grammar too
ZH, about as much freedom of expression as... hmmm, no matter
just curious, your views on Dee Snyder?
I cn barely type.....
Zero, you made my year, I had forgot about this gem but for whatever reason you remind me of it,
Enjoy:
http://youtu.be/OQSNhk5ICTI
omg
fucku, titty pinpole
is Zh a Princeton economics alumni blog?
Come on Willy, really?
Wrong? How?
If the Tylers had said " On x date things are going to go boom" that would be one thing, but nothing of the sort has happened. The only thing this site does is point out the repeated lies, inconsistencies, and general nonsense going on in the realms of finance, government, and the ever growing area where they overlap.
If a mechanic observes a car leaking radiator fluid and oil and says "Well, sooner or later something has to blow" it does not make them incorrect if it doesn't happen in a week, a month, or a year. There are a number of complex interactions going on under the hood that will affect the time it takes for the whole apparatus to cease functioning, but cease it inevitably must.
Seems that you are likely the victim of a short attention span to whom five years is a vast stretch of time; the decline and inevitable destruction of political and monetary systems plays out over years and decades. The "what" is as inevitable as the sunrise, only the "when" is in question. In the meantime, this place is invaluable in pointing out the cracks spiderwebbing through the foundations of those systems.
agreed. all i'm saying is that the spin has been dead wrong. i do like it here and get a kick out of the anger factor. you do realize that if you opened your mind and engaged in a discussion of the great info on here that EVERYBODY would profit -- and be a lot less angry.
funny, i get accused of so many things in the replies and yet many posts I read are truly moronic. i know I shouldn't poke fun but just so you know I only do it to the arrogant cunts :)
believe me, if i knew how to end the fed I would. i want to puke when i think about those cunts wallowing in the their wealth.
you?
bad news means buy.... and that is logical to you... Yup, Bernankynomics has taken seed. Two steps from reality is just playing in limbo, waiting for enough people to wake up and say "what the fuck are we doing?".
yes, it is logical actually
Good Lord, generation bashing?
That is so 60's! Get with the program.
Who was it that made a fortune over the 2008-9 collapse?
Those doomers who pointed out that is was all bullshit and were right eventually.
Markets up 323, who cares about your charts showing GDP sucking pipe like Barry Soetero at Oxy-U, apparently BTFD and BTFATH is the way to go,
Time to bring in the party monkeys and turn those charts upside down !!
+1 trillion dolla coin
made my day
seasmoke, you rock!
http://youtu.be/M1owcncKCHg
This is what Professor Fekete is calling hyperdeflation. Despite unprecedented money printing, the negative slide cannot be stopped. This QE and other forms of monetary injection are not getting into the hands of people who can pump up GDP.
Professor Fekete is a moron. GDP is what we tell you it is. World GDP is going to infinity exponentially. We have already written all of the GDP reports for the next 40 years.
-Joint statement IMF, ECB, FED
Good grief Charlie Brown.
Live simply so that others may simply live.
did Axl cover that one?
GDP is merely a measure of economic activity. Or how fast humans can destroy the world.
GDP is basically the bell Pavlov used...
Humans cannot destroy the world. They can, however, fuck it up so bad that they can no longer live on it. To be fair, however, the next glacial period will sweep all of this into the galactic waste-bin.
Family Dollar FDO CEO Howard Levine said Wednesday. The discounter’s fiscal fourth-quarter same-store sales and outlooks both missed expectations. “We have over half of our customers who are on some sort of government assistance out there, so when they hear and read
about all this uncertainty , I think it impacts their confidence regarding their outlook.”
Janet Yellen still looks like a Romulan.
Thats an insult to romulans. She looks more like those jughead fuckwad Ferengi or perhaps a Ferengi's genitalia.
Fed economist, an oxymoron.
Solution: Make up bigger lies.
GDP forecast is 4.5% - there, fixed it.
It's time to put these folks on Pay for Performance...get Congress a Wellness portal so they can enter all their information so we can begin running risk metrics:)
The portals as insurers and their wellness companies all push on us normal citizens say they can even fix worst cases of behavior...so I'm up for some behavior modifications...and some behavioral predictive algorithms to use on this bunch for sure...Time for us to unite and use some of those models the insurers ram down our throats as being the perfect "fix" for all that does or does not ail us...
http://ducknetweb.blogspot.com/2013/10/congress-needs-wellness-portal-as...
Besides we all know those portals scrape and sell your data too so why can't we as citizens begin to profit there as well:)
If I was a momo, I would short Global GDP, long top ramen.
the tragi-comedy continues. http://www.youtube.com/watch?v=98o1bi7MIoQ http://www.youtube.com/watch?v=fLoEE5fyDsg
IMF calls for a tax on household In a report, the IMF is concerned about the European sovereign debt and proposes a 10% tax on household savings to fix it!
A small paragraph at the end of a document 49 pages in a report the IMF . The type of document that is just starting to read the end. A paragraph in the form of proposition and if a sample once and for all on the one created capital?
Obviously there is a question mark, but also a robust reasoning. Indebtedness advanced countries is such that it has no choice. A tax on private savings has the advantage of not disturbing the system. Some even say it is right.
Tax levied onceBut this requires two conditions. Nobody can escape and be absolutely certain that it will be charged only once.
The report discusses the work of several economists based on historical examples where the assumption was considered to deleverage States.
Then he says if you want to return to debt levels before the crisis and the calculations for 15 countries in the euro zone, it should put in place a 10% tax on all households with a positive savings.
Someone needs to ask these folks HOW shifting around the pie is going to make the pie bigger (or, as GW Bush famously said: "Make the pie higher").
Like I've been saying, growth is DEAD. Mother Nature has caught us. We're starting to pay for our ignorance of the exponential function (belief in the perpetual growth meme).
Do you have a link to the IMF paper, Hollande's truffle pigs and their proposed solutions for his little domestic mess don't really concern me, and there weren't any IMF links in the articles.
The actual IMF wording is FAR WORSE than the translation- and glosses over the key point.
106 pages see box 6 on p 49.
https://www.imf.org/external/pubs/ft/fm/2013/02/fmindex.htm
"The appeal is that such a tax, IF IT IS IMPLEMENTED BEFORE AVOIDANCE IS POSSIBLE and there is a belief that it will never be repeated, does not distort behavior... There is a surprisingly large amount of experience to draw on... this
experience suggests that more notable than any loss of
credibility was a simple failure to achieve debt reduction,
largely because the delay in introduction gave space for extensive avoidance and capital flight—in turn spurring inflation."
WHEN IT GETS SERIOUS YOU HAVE TO LIE.
So only the lying, cheating, crooked bloody Chinks are being honest about what is going on with the Shanghai index down 1% since the beginning of the year. Other markets:-
Dow +18%
FTSE +13%
Dax +14%
CAC +19%
Ibex +23%
Nikkei +40%
Australia +18%
How can the stock market go up 10% a year, when GDP growth forecasts keep declining?
The new normal. The only way you can understand it is by taking a lot of pain killers. My own personal favourite - Jack Daniels.
Who needs growth anyway? Thats so 1990s. Today we have central bank stimulus and all is right in the world. Don't believe me then look at the stock markets. Whew, now thats more like it.