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Europe's Scariest Chart Just Got Scarier

Tyler Durden's picture





 

The last time we plotted European youth unemployment in what was dubbed "Europe's scariest chart" we were surprised to discover that when it comes to "Arab Spring inspiring" youth unemployment, Spain was actually worse off than even (now officially broke) Greece, whose young adult unemployment at the time was only just better compared to that... of the United States. Luckily, following the latest economic (yes, we laughed too) update from Greece, it is safe to say that things are back to normal, as Greek youth unemployment is officially the second one in Europe after Spain to surpass 50%. In other words, Europe's scariest chart just got even scarier.

And so while the Greek economy is in tatters, following another downward revision to its GDP as reported last week, this time dragging Q4 GDP from -7.0% to -7.5%, that's only the beginning, and it now appears that a terminal collapse of not just the Greek financial sector, but its society as well, has commenced, as the number of people unemployed in the 11 million person country is now 41% greater than its was a year ago. From Athens News:

The average unemployment rate for 2011 jumped to 17.3 percent from 12.5 percent in the previous year, according to the figures, which are not adjusted for seasonal factors.

 

Youth were particularly hit. For the first time on record, more people between 15-24 years were without a job than with one. Unemployment in that age group rose to 51.1 percent, twice as high as three years ago.

 

Budget cuts imposed by the European Union and the International Monetary Fund as a condition for dealing with the country's debt problems have caused a wave of corporate closures and bankruptcies.

 

Greece's economy is estimated to have shrunk by a about a fifth since 2008, when it plunged into its deepest and longest post-war recession. About 600,000 jobs, more than one in ten, have been destroyed in the process.

 

Things will get worse before they get better, according to analysts. "Despite some emergency government measures to boost employment in early 2012, it is hard to see how the upward unemployment trend can be stabilised in the first half of the year," said Nikos Magginas, an economist at National Bank of Greece.

 

A record 1,033,507 people were without work in December, 41 percent more than in the same month last year. The number of people in work dropped to a record low of 3,899,319, down 7.9 percent year-on-year.

When will the Greeks ask themselves if the complete and utter destruction of their society is worth it, just to pretend that life as a European colony is worth living. Especially now that pension funds have been vaporized?

 


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Sun, 03/11/2012 - 00:43 | Link to Comment non_anon
non_anon's picture

soylent spring

 

Sun, 03/11/2012 - 01:29 | Link to Comment Sandoz
Sandoz's picture

...is made of people

Sun, 03/11/2012 - 01:52 | Link to Comment non_anon
non_anon's picture

future yum

Sun, 03/11/2012 - 02:20 | Link to Comment markmotive
markmotive's picture

According to Russell Napier the world is still going through a debt deleveraging cycle.

http://www.planbeconomics.com/2012/03/10/clsas-russell-napier-when-credi...

Sun, 03/11/2012 - 04:42 | Link to Comment Oh regional Indian
Oh regional Indian's picture

According to me, the world is being prepared, at so many levels it boggles the mind, for a massive, irreversible paradigm shift. 

Here is the key:

"

The average unemployment rate for 2011 jumped to 17.3 percent from 12.5 percent in the previous year, according to the figures, which are not adjusted for seasonal factors.

 

Youth were particularly hit. For the first time on record, more people between 15-24 years were without a job than with one.Unemployment in that age group rose to 51.1 percent, twice as high as three years ago."

 

What do dis-affected youth, who are told that their conditions are someone else's fault do? They want to fight. And the fight can happen in the streets or wearing nice uniforms on the battlefields springing up like so many daisies in this Springtime from Hell(enia).

I would not be surprised at all if MMORPG war games are fertile recruitment grounds for what is straight ahead.

All the world has gone from a stage to a battlefield.

ori

kony-2012-psy-ops-africom-fraud-war-mongering/

Sun, 03/11/2012 - 07:48 | Link to Comment resurger
resurger's picture

Battle Field 3 says it all, have you played Tehran?

+1

Sun, 03/11/2012 - 08:06 | Link to Comment Oh regional Indian
Oh regional Indian's picture

No resurger, but a what a way to get guys familiar with territory eh?

ori

Sun, 03/11/2012 - 08:31 | Link to Comment resurger
resurger's picture

i was referenced by a douche i know to check Byron King (Harvard Graduate) who says that in 2012 May expect a new techonology/Oil of some sort to come and make everyone rich!

in the first 5 minutes, i wanted to puke

http://agorafinancial.com/

 

btw hes great, he comes on CNBC, Bloomberg, FOX and any whore media that you like!!

I just love the sheeps

 

Sun, 03/11/2012 - 12:49 | Link to Comment Doña K
Doña K's picture

We need to discover or create a naturally occuring chemical process for extracting hydrogen from water without using lots of energy. Only then hydrogen will be the solution.

Mini nuclear power plants and hundreds of charging stations for electric cars can also do it. But we don't have vissionary politicians now we have self serving vultures.

Sun, 03/11/2012 - 12:52 | Link to Comment trav7777
trav7777's picture

you don't really do well with laws of chemistry and thermodynamics, do you?

Sun, 03/11/2012 - 15:03 | Link to Comment Tao 4 the Show
Tao 4 the Show's picture

To the downvoters, Trav is right on this one. It's like hoping you spend less energy rolling a ball uphill than you will takefrom it when it rolls downhill.

Sun, 03/11/2012 - 15:28 | Link to Comment overbet
overbet's picture

Speaking of chemistry, many youths have jobs which are in the black market. Long SMG

Sun, 03/11/2012 - 18:13 | Link to Comment ovigia
ovigia's picture

http://www.zmescience.com/research/led-over-100-percent-efficiency-mit-9...

MIT engineers create LED that has 230% efficiency. Thermodynamics laws still in place

Mon, 03/12/2012 - 04:58 | Link to Comment Overflow-admin
Overflow-admin's picture

Yeah, there are plenty of these "Infinite efficiency" designs. But they function only and at best in the nano-realm, which is just a factor of 10^9 too small compared to applications that suit hoomans.

 

The scale of the universe, bitchez!

Mon, 03/12/2012 - 07:01 | Link to Comment tabasco71
tabasco71's picture

Loving the sarc  +1 for that.

A game changing new energy source is nothing to smirk at though... and it's out as early as May.  I knew there was a reason the governments kept pouring money - they had this gift up their sleeves all along and didn't want to disappoint us all.

Lucky us!

Mon, 03/12/2012 - 21:37 | Link to Comment Newsboy
Newsboy's picture

That link seems very much like "zero point energy". There are LED resonant systems out there with claims of creating energy. It is either wrong, or we are on the cusp of a new discovery in physics (or both, but not neither)

Mon, 03/12/2012 - 22:38 | Link to Comment Flakmeister
Flakmeister's picture

You didn't read it very closely did you...

It sounds as if the band gap was comparable to the energy of the lattice vibrations....

 

Mon, 03/12/2012 - 04:40 | Link to Comment Overflow-admin
Overflow-admin's picture

For once I have to agree with you. The only thing in which we're quite successful is rising the entropy.

Mon, 03/12/2012 - 22:42 | Link to Comment Flakmeister
Flakmeister's picture

Every bit counts so to speak...

Erasing a bit shown to boost Entropy

 

Sun, 03/11/2012 - 13:08 | Link to Comment Errol
Errol's picture

My team and I have discovered a naturally occuring chemical process that uses sunlight as the only energy input, and combines the hydrogen in water and the carbon from CO2 to make useful hydrocarbons!

As a bonus, the processing modules are self-replicating!

We were going to call them "green plants", but it turns out that Monsanto has already copyrighted that term for a chlorinated chemical production complex in Joisey.

Sun, 03/11/2012 - 15:06 | Link to Comment Tao 4 the Show
Tao 4 the Show's picture

There have been various versions of this idea over the years with different efficiencies. I love the idea as it cobines conversion and storage. Can you provide a reference?

Sun, 03/11/2012 - 15:13 | Link to Comment TruthInSunshine
TruthInSunshine's picture

The most heavy, main rain cometh during an inevitably defaulting Spain.

Germany has already abandoned the notion of saving Spain.

The squabbling, if the argument hasn't yet been resolved one way or the other, is how deep and resource intensive to dig the firewall around Italy.

If you can successfully predict the answer to whether Italy will be saved or not, you can make un sacco di soldi...

...cagne.

Sun, 03/11/2012 - 13:52 | Link to Comment wee-weed up
wee-weed up's picture

Currently driving my car on Obama-certified green algae. Need a fillup? I just drive it into the nearest scum-covered pond.

Sun, 03/11/2012 - 14:27 | Link to Comment edotabin
edotabin's picture

If you are ever running low, they tell me there is an abundant supply of scum in Washington.

Sun, 03/11/2012 - 14:39 | Link to Comment Mayer Amshel
Mayer Amshel's picture

I would like a ZH-analysis on Credit Suisse's 3 months of epic net buying in SEK OMXS30, can it be only wealthy PIIGS buying FRANC for EUR and SEK for FRANC or is there more behind?

Sun, 03/11/2012 - 15:19 | Link to Comment cjbosk
cjbosk's picture

Boy, you're freakin' brilliant, what a genius idea.  Electric cars for all...then things will be just dandy!

How about the letting the free market decide what technologies win, not Obummer or some other greasy politicians, not that's a novel idea.

Sun, 03/11/2012 - 15:42 | Link to Comment Piranhanoia
Piranhanoia's picture

What is the free market and where can one go to find it?

Sun, 03/11/2012 - 16:02 | Link to Comment earleflorida
earleflorida's picture

The free market says oil, and at what cost? for God's sake if we would stop the useless wars that cost Trillions of $$$, and put that to R&D we'd be way ahead! But,... the free markets and Washington like the fucking prehistoric fuel. They like Uranium "Melt-Up/Down" Power? We don't need lithium we can go with Ni-Cad Batteries and have every vehicle coming off the assembley lines a hy-brid. Wake-up!!!

This is a NATIONAL SECUIRTY PROBLEM, period. Repeat after me: National Security Problem,... again, National Security Problem!

Nat-Gas is here to stay, and we own it! Yes,... we controll our destiny, not some mullah 3,000 miles away that wants our National Treasures, but also to bankrupt us! Wake-up AMERICA!!!

Sun, 03/11/2012 - 17:15 | Link to Comment sun tzu
sun tzu's picture

What happened to the R&D from Europe and Japan? They aren't involved in useless wars and they are just as dependent on oil. Why aren't Europe and Japan rolling 100% of their cars off the assembly line as hybrids?

You want to use all the natgas for cars? Then what's going to run those power plants that were built to use natgas? We're using oil because it's cheaper. Try switching 100 million cars to Ni-Cad and the cost of batteries will drive car prices up to $100K each. 

Sun, 03/11/2012 - 17:33 | Link to Comment Xkwisetly Paneful
Xkwisetly Paneful's picture

AHAHHAHAHHAHAHAHAH

Military spending=higher R&D spending not lower.

JFC have no fear, the US is already decimating leading edge technology R&D for the sake of preserving the big government statists just like most of the rest of the free world.

 note that most of the free world hardly has a military left and are still broke as hell, since decimating military spending in favor of governmental black holes is so often called a solution.

 

 

 

Sun, 03/11/2012 - 14:24 | Link to Comment Iwanttoknow
Iwanttoknow's picture

Resurger,did'nt every one get rich in weimer?

Sun, 03/11/2012 - 14:30 | Link to Comment BLOTTO
BLOTTO's picture

solid post Oh.

Speaking of video games... when the highly anticipated 'Modern Warfare 3' was being pumped up by the media and had hollywood st*rs in commericals ie. Johan Hill (who btw sucked last night on SNL)... it has a huge cult following - and therefore is a big mind control tool.

The one main MSM commerical if you may recall at the end when it displays 'MW3' - it first shows 'WW3' - than the 1st 'W' flips over to show the 'M'. Why would they need to do that - show WW3 than MW3 if it wasnt for a reason.

 

Sun, 03/11/2012 - 15:09 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Thanks Blotto. I don't watch TV anymore, but yes, that letter flipping kind of trickery si exactly what the bernays gang trot out. hidden in plain sight.

ori

Sun, 03/11/2012 - 15:20 | Link to Comment trembo slice
trembo slice's picture

In the first Modern Warfare game the intoduction sequence contains verbatim quotes from an Osama Bin Laden speech directed towards the American people from 2004.

Sun, 03/11/2012 - 15:11 | Link to Comment Tao 4 the Show
Tao 4 the Show's picture

Along this line of thinking, the Chinese have an excess of some millions of males (due to the preference for male babies and perhaps infanticide of female babies). Excess males are ripe for enlistment with hopes of testosterone surges, raping and pillaging.

Sun, 03/11/2012 - 16:27 | Link to Comment Silver Bug
Silver Bug's picture

Sadly this chart is more than likely going to get a lot more scarier.

 

http://jamesturkblog.blogspot.com/

Sun, 03/11/2012 - 14:29 | Link to Comment The_Nihilist
The_Nihilist's picture

This is my only source of newz, other than zerohedge.

Sun, 03/11/2012 - 02:06 | Link to Comment DormRoom
DormRoom's picture

If it wasn't for Xbox, cheap & accessible weed, my generation would be rioting. 

Sun, 03/11/2012 - 04:21 | Link to Comment Fedophile
Fedophile's picture

Good thing marijuana prices have been stable the last 2 decades.

Sun, 03/11/2012 - 07:30 | Link to Comment FrankDrakman
FrankDrakman's picture

Last time I got high, I tried to eat my iPod.

Mmmm, crunchy..

Sun, 03/11/2012 - 13:54 | Link to Comment wee-weed up
wee-weed up's picture

Full of delicious Soylent-Yellow... Chinese worker body-parts.

Mon, 03/12/2012 - 02:49 | Link to Comment dreadnaught
dreadnaught's picture

actually FOXCONN also uses slave labor to assemble all things from: (courtesy Wikipedia) 

 

[edit] and many parts of Androids too via subcontracting to the various above

 

Sun, 03/11/2012 - 09:08 | Link to Comment jiggerjuice
jiggerjuice's picture

It was back around high school when one oz of pot was the same as one oz of gold... This was back when I didn't care about the price of gold. I thought at the time how worthlessly cheap gold was.

Sun, 03/11/2012 - 14:23 | Link to Comment Conrad Murray
Conrad Murray's picture

So true. I used to get high as shit in the morning and read the business section of the newspaper before school. One day it hit me, "Why does weed cost as much as gold?". That's when and why I started buying gold. Thanks weed!

Sun, 03/11/2012 - 15:22 | Link to Comment trembo slice
trembo slice's picture

they're actually falling in real terms... since weed prices aren't increased to compensate for the depreciation of the currency!

Sun, 03/11/2012 - 10:30 | Link to Comment Global Hunter
Global Hunter's picture

the weed may calm them down on the outside but the reason they tried to ban it is because often people who smoke it begin to mock, laugh and generally stop caring about Babylon.  Double edged sword as far as the powers that be are concerned.

Sun, 03/11/2012 - 10:17 | Link to Comment Gully Foyle
Gully Foyle's picture

"Spain was actually worse off than even (now officially broke) Greece"

I watch Benidorm, Spain looks fine.

Lots of fat Europeans though.

Sun, 03/11/2012 - 12:03 | Link to Comment Zero Govt
Zero Govt's picture

and i've just been through Madrid and the central shopping street was rammed, i thought it was Christmas (shopping) it was so freekin bizzy

as surprising was the age of the shoppers were roughly 70-80% under 25 ..no kidding

if Spain has 50% youth unemployment then the other 50% either have jobs in banking/finance or very rich parents because they appear loaded with disposable income

Sun, 03/11/2012 - 13:03 | Link to Comment JamesBond
JamesBond's picture

i saw the same thing in november 2011

Sun, 03/11/2012 - 13:32 | Link to Comment Don Diego
Don Diego's picture

Either Real Madrid or Barcelona will win the Champion's league...party on!!!!!

Sun, 03/11/2012 - 17:22 | Link to Comment sun tzu
sun tzu's picture

Even during the great depression the football stadiums and movie theatres were full while there was 25% unemployment. The other 75% were still working and have money. That doesn't mean everything is fine.

Madrid is a city of 3.3 million people. If 1 million people are unemployed, there are still 2 million people to shop. Of course the central shopping district will be full, especially when it is a tourist attraction. That's like going to Vegas and staying on the Strip and claiming the economy in that city is just fine because there are tens of thousands of people walking around. The official unemployment rate there is 12.4% and the U-6 is over 20%. 

Sun, 03/11/2012 - 00:44 | Link to Comment Clay Hill
Clay Hill's picture

No tengo trabajo ni denero... putaz

Sun, 03/11/2012 - 00:46 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

utes on the margins

Sun, 03/11/2012 - 00:59 | Link to Comment Urban Roman
Urban Roman's picture

out of every 2 utes, 1 is now unemployed

Sun, 03/11/2012 - 03:46 | Link to Comment A Nanny Moose
A Nanny Moose's picture

The two, what? Did you say utes?

Sun, 03/11/2012 - 05:12 | Link to Comment Harbanger
Harbanger's picture

Excuse me your Honor, two youds.

Sun, 03/11/2012 - 09:05 | Link to Comment nmewn
nmewn's picture

What's a grit?

Sun, 03/11/2012 - 10:18 | Link to Comment Gully Foyle
Gully Foyle's picture

nmewn

A John Wayne film

Sun, 03/11/2012 - 10:47 | Link to Comment nmewn
nmewn's picture

Yes...and My Cousin Vinny ;-)

Vinny Gambini: [Vinny and Lisa receive their breakfast orders, Vinny looks at his skeptically] Whats this over here?
Grits Cook: You never heard of grits?
Vinny Gambini: Sure I've heard of grits. I just never actually *seen* a grit before.

Sun, 03/11/2012 - 14:13 | Link to Comment wee-weed up
wee-weed up's picture

The reason most folks don't like grits is because it is rarely prepared properly. It must be cooked very slowly with lots of water - at least 4 to 1. There is no such thing as quick grits. That's just a Madison Ave creation. And it always ends up lumpy and tasting "gritty." Properly prepared grits are smooth and creamy. Just blend in some real butter and enjoy! Anyone who has tasted properly prepared grits knows what I'm talking about.

Sun, 03/11/2012 - 04:19 | Link to Comment q99x2
q99x2's picture

You said utes. What the hell's a ute?

Do you mean a ute is half a two utes. Or, is that a half a two utes to me and a half a two utes to you.

Excuse me. I have a to ute or I mean to pee.

Sun, 03/11/2012 - 05:52 | Link to Comment Tom Green Swedish
Tom Green Swedish's picture

Mark Mobius says invest in Ukranian public restrooms.

Sun, 03/11/2012 - 10:20 | Link to Comment Gully Foyle
Gully Foyle's picture

q99x2

Ute

1.
a. A Native American people formerly inhabiting a large area of Colorado, Utah, and northern New Mexico, with present-day populations in northeast Utah and along the Colorado-New Mexico border. b. A member of this people. 2. The Uto-Aztecan language of the Ute. (Engineering / Automotive Engineering) Austral and NZ informal short for utility Australia and New Zealand

In Australia and New Zealand, the term 'Ute' (short for 'coupe utility') is most commonly used to describe a pickup truck. The Ute is considered an Australian / New Zealand icon since the coupe utility was originally invented there by Lewis Thornet Bandt in 1933 and were first built by Ford Australia in Geelong and were based on their 1934 V-8 Coupe. A prior patent application in 1929 by James Freeland Leacock describes a vehicle which some people claim to be the first "Ute' but it does not comply with the accepted definition of a "Ute" (and was never built anyway).[15][citation needed]

Holden and Ford are the two most popular Ute makers in Australia and New Zealand, with their best selling models only sold in Australasia. Australasia also has a big market for muscle trucks (see above) with the Australian HSV Maloo being the fastest currently in production.[16]

Australians define a "ute" as any commercial vehicle that has an open cargo carrying space, but requires only a passenger car license to drive. This includes coupé utilities, pickup trucks and traybacks (flatbed pickup trucks). An example of the broadness of this definition is that anything from a Ford F250 XL to a Proton Jumbuck can be called a ute.

Sun, 03/11/2012 - 12:55 | Link to Comment Doña K
Doña K's picture

In Brooklyn, Ute= Youth

Sun, 03/11/2012 - 05:01 | Link to Comment Sudden Debt
Sudden Debt's picture

It's okay, it means there are still 50% who can pay for all those bills

Sun, 03/11/2012 - 00:49 | Link to Comment Dr. Engali
Dr. Engali's picture

Unfortunately TPTB are going to need a good war to kill off some of their troublesome youth.

Sun, 03/11/2012 - 02:25 | Link to Comment carbonmutant
carbonmutant's picture

They may have one if they don't solve this problem...

Sun, 03/11/2012 - 09:41 | Link to Comment surf0766
surf0766's picture

It is people over 35 TPTB do not want. The youth (useful idiots) are needed.

Sun, 03/11/2012 - 17:33 | Link to Comment sun tzu
sun tzu's picture

People over 35 are easier to control as they have families and don't want to rock the boat. The useful idiot youth have nothing to lose. Most likely they will use the useful idiots as a hammer to kill off the elderly, who truly are useless to them. The they will pit the youth against each other in wars to cull the herd. 

Sun, 03/11/2012 - 00:49 | Link to Comment valkir
valkir's picture

I simply dont know what to do.Even my wife dont trust me full.She doesnt want to hear bad news,she thinks i am negativ person.Most of my friends as well.Educated people,more of them masters in theyr degrees.I am lost.

Sun, 03/11/2012 - 00:58 | Link to Comment Dr. Engali
Dr. Engali's picture

Some people are going to deny what is happening until the very end. Deep down they know it's bad but they choose to bury it. The best you can do is educate yourself and quietly prepare to protect and provide for you and your family. A lot of us have the same problem you described. When it comes to bad news I just keep it to myself because my wife doesn't want to hear it either. A lot of my friends know its bad but then they have the " what can I do about it attitude ?". So I just find like minded people and prep away.

Sun, 03/11/2012 - 02:08 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

@ valkir

Dr. Engali is right.  YOU have to be the one to prepare.  You can do it quietly.  Almost all of us here have few who are listening...

I gave up trying to educate others about a lilkely looming catastrophe.

Save your money, be diversified.

Besides, it IS possible we are wrong...  But, that would be OK, better even...

Sun, 03/11/2012 - 02:55 | Link to Comment LowProfile
LowProfile's picture

 

But, that would be OK, better even...

What?  You prefer a slow grind to tyranny?

Have to disagree with you here.

LET. IT. BURN.

Sun, 03/11/2012 - 05:08 | Link to Comment UP Forester
UP Forester's picture

At least my wife has got through the crying, woe is me, "I don't want to live in a world like Walking Dead" phase, and is now making lists of shit we still need to get.

Life is getting better....

Sun, 03/11/2012 - 00:59 | Link to Comment Ahmeexnal
Ahmeexnal's picture

Dump your wife, and find new friends.  You're not the one lost. It's them.

Sun, 03/11/2012 - 01:53 | Link to Comment gdogus erectus
gdogus erectus's picture

OT - what we need is a prepper's dating site.  Wait, are there any women preppers?  Well, anyway - we could all use pictures like Ahmeexnal's avatar and say things about ourselves like; don't worry, the smell of smoke and bacon grease on my oilskin jacket masks the fact I haven't bathed in a while.  lol - sorry - cracking myself up.

 

I am serious about the doomers dating site though.  Ok, not doomers but how about awake and aware.  Hell, how about this.  Ask one question to qualify to get on to this dating site:  Was 9/11 an inside job?  That's it.  You are in if you answer correctly!  Come on.  Someone?  Anyone?  Wait, I'm married still....

Sun, 03/11/2012 - 02:18 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

There's Baby Blythe, but Slewie's got dibs on her.

Sun, 03/11/2012 - 06:43 | Link to Comment francis_sawyer
francis_sawyer's picture

As soon as I finish with the Sugar Daddy dating service I'll get going with the 'Preppers' dating service...

Sun, 03/11/2012 - 16:03 | Link to Comment Goldilocks
Goldilocks's picture

Joan Osborne - What Becomes Of The Broken Hearted - [STEREO]       
http://www.youtube.com/watch?v=gA0GcXV2njY (4:17)

Joan Osborne - Heatwave (Live)
http://www.youtube.com/watch?v=PTKFR3ra2ts (3:23)

Sun, 03/11/2012 - 02:28 | Link to Comment aka_ces
Sun, 03/11/2012 - 04:27 | Link to Comment jomama
jomama's picture

O_O

Sun, 03/11/2012 - 08:58 | Link to Comment Zero Debt
Zero Debt's picture

Tactical bacon for dinner ....again???

Sun, 03/11/2012 - 09:10 | Link to Comment nmewn
nmewn's picture

"The government needs to step in and protect "my right" to a ham sandwich at any muslim deli of my choosing. And provide it free!"- Sandra Flock

Sun, 03/11/2012 - 14:38 | Link to Comment Landrew
Landrew's picture

Now that's what I call a wasted use of space. What a moron!

Sun, 03/11/2012 - 11:29 | Link to Comment 359766
359766's picture

what we need is a prepper's dating site.  Wait, are there any women preppers?

... of course there are ...

Sun, 03/11/2012 - 15:37 | Link to Comment gdogus erectus
gdogus erectus's picture

Is that a picture of a .223 going through a steel target?

Mon, 03/12/2012 - 11:11 | Link to Comment 359766
359766's picture

nope ... that's just your fantasy. take a closer look ...

Sun, 03/11/2012 - 01:00 | Link to Comment Buckaroo Banzai
Buckaroo Banzai's picture

Surprisingly, when it comes to properly assessing the world around them, there is rarely anyone stupider than someone with a high IQ.

Sun, 03/11/2012 - 03:06 | Link to Comment LowProfile
LowProfile's picture

Anyone with high intelligence who bothers to examine the concept will quickly realize that intelligence tests are a piss-poor gauge of said.

The speed of integration and subsequent rational reaction to new information should be the determiner of how we quantify intelligence.

Because of the current abysmal method of determining "IQ", IMO the whole field should be scrapped and done over from scratch. 

...But what the fuck do I know?  I only test 115-125, depending on the test and how onry I'm feelin'... : /

Sun, 03/11/2012 - 14:20 | Link to Comment Think for yourself
Think for yourself's picture

I'm very smart by regular standards. I used to test 142-148, which is about one in 500 people according to the bell distribution. Although not autistic by any means, my brain just sponges up academic content, correlates it and integrates it in a consistent whole very easily. Great for taking in relatively detailed overviews of broad areas of knowledge and quickly extracting understanding, i.e. systemic analysis.

However I wouldn't actually define myself as "smart". Just endowed with more rational analysis skills than normal. My creativity is stunted and I feel that my emotional intelligence is quite lacking. A 10 year old can probably express his feelings better than me be it in poetry or art. I've often met totally regular people (I'd estimate between 80 and 120 IQ) that looked at a basic situation we had in front of us and would say intuitively, "Oh, no worries, let's just do that" and bang comes the solution, while I was still out overthinking and trying to come up with something that would do the trick.

I now understand that rote learning and manipulation of information (external knowledge, "intelligence") and integration of intuition, understanding and personal experience (wisdom) are two altogether different things. You're right that the western understanding of intelligence can only be saved by scrapping it.

Your definition in bold is also very good. Eastern philosophies recognize intelligence as a wordless wisdom, a consciousness simply looking at a situation and intuitively knowing the answer from within. Originality, creativity, and instant reaction to the situation (or rather action in the moment) are key factors.  I've been trying to access this part of my psyche (or rather remove the excess obstructions of an hyperdevelopped mind) through meditation and other techniques (developping previously untouched aspects of my mind, be it poetry, music, dance or other arts) and I have to say that I am moving ahead on that front. Still, even my understanding of wisdom itself is cold, clinical, academic.

Am I rational? Surely. Smart? I couldn't say.

Sun, 03/11/2012 - 17:46 | Link to Comment sun tzu
sun tzu's picture

You clearly don't have an understanding of IQ tests. IQ tests show a person's ability to create order out of chaos in a timely manner (how quickly you can solve problems or learn). You see the data and you react to it to get the correct answer. The fact is that people who score higher on IQ tests are wealthier than those who score lower. 

What the fuck do I know? I test in the 130-140 range. 

Sun, 03/11/2012 - 09:30 | Link to Comment i-dog
i-dog's picture

 

"rarely anyone stupider than someone with a high IQ"

Exhibit A: Trav777

Sun, 03/11/2012 - 13:02 | Link to Comment trav7777
trav7777's picture

ah, the cry of people with low IQs

You may have a point with people who are savantish but it's really that they don't like YOUR version of how society should be and they find you trifling and banal, as I do, but for different reasons.

A person like me however, I'm better than you at everything you do, even what you think you're good at.

Sun, 03/11/2012 - 13:57 | Link to Comment dogbreath
dogbreath's picture

no you aren't.   You are doing what you are doing and I am doing what I am doing.   If you were really good at what you are doing instead of being an arrogant cunt, you'd have apprentices.

Sun, 03/11/2012 - 15:15 | Link to Comment hadriansnightmare
hadriansnightmare's picture
My extremely high IQ has convinced me that you are boring, opinionated, and socially dysfunctional.- and probably 15 years old.  P.S. your choice of adjectives stinks.....your IQ is showing.
Sun, 03/11/2012 - 15:24 | Link to Comment Tao 4 the Show
Tao 4 the Show's picture

Down votes warranted here. People with any type of superior ability and perspective
seldom need to behave as Trav does. He appears slightly better than average at best.

Sun, 03/11/2012 - 17:38 | Link to Comment sun tzu
sun tzu's picture

Many of them are street stupid but booksmart. They can crunch numbers and analyze theories in the ivory towers. 

Sun, 03/11/2012 - 01:12 | Link to Comment Koffieshop
Koffieshop's picture

Stop trying to convince people of anything.
Even the ones that think you might be right don't like it when you press the issue.

Sun, 03/11/2012 - 01:14 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Just tell them you have been buying PM for the last X amount of years and they'll shut up.

Sun, 03/11/2012 - 02:10 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Yes!  Then they'll STFU!  But, it won't lead them anywhere...  My family knows I have been buying gold for over 25 years...

Sun, 03/11/2012 - 02:12 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

No, but at least they'll shut up! 

Silence is.....

Sun, 03/11/2012 - 03:12 | Link to Comment LowProfile
LowProfile's picture

Just tell them you have been buying PM for the last X amount of years and they'll shut up.

Keep that shit to yourself.

'Just sayin'

Sun, 03/11/2012 - 07:30 | Link to Comment JohnnyBriefcase
JohnnyBriefcase's picture

Yeah, no shit. That's a fine way to end up in a cell or padded room somewhere.

Remember: see something, say something.

Sun, 03/11/2012 - 04:06 | Link to Comment Dull Which
Dull Which's picture

Had a weird experience with my inlaws a few weeks back. I mentioned that we were out of the markets and cashed out all we could and was buying PMs... later that day, MiL called me on it and I told her our thinking

2 days later FiL mentioned it too - in front of some of their friends - so clearly a nerve had been hit. Turns out Friends son is ready to go off grid entirely.

To all intents and purposes, Inlaws are tea-partiers and retired... but now intrigued

Sun, 03/11/2012 - 10:15 | Link to Comment Widowmaker
Widowmaker's picture

Heres a great way to sum it up:

Pms stand for the rule of law, fiscal principle and sound money.

EVERYTHING else (investment) stands for and promotes lawlessness, chaos, tyranny and death.

No matter what some fucker that thinks he is smart replies with you can crush their logic with the above. You have 5000 years of history to back you up, the fucker will die with their own wisdom in poverty.

This comes from one who is not a pm basketcase. A little pm in every portfolio can never hurt, if even to flush out the fucker above and keeping ones self from being that fucker.

Sun, 03/11/2012 - 07:57 | Link to Comment Nage42
Nage42's picture

Don't tell anyone you are buying PMs, ever.  EVER.

 

Let me rephrase it... so... you've got PMs?  Can you tell me your address, I'd like to put a mark on my map...

Sun, 03/11/2012 - 10:11 | Link to Comment Widowmaker
Widowmaker's picture

You are more right than you can possibly imagine.

It will be in the form of illegal ownership and govt confiscation, not thieves in the night. Your best friends will turn you in even if unintentionally.

Just like narcotics cultivation and weapons smuggling - your friends are your worst enemies - usually on accident.

Sun, 03/11/2012 - 13:05 | Link to Comment Central Bankster
Central Bankster's picture

If you don't know which friends and family you can trust, without question, than you are a fool or you have no relationships worth having.

Sun, 03/11/2012 - 01:14 | Link to Comment resurger
resurger's picture

My boss wants to send me to an "Emotional Intelligence" Program!!!!

Sun, 03/11/2012 - 01:18 | Link to Comment Dr. Engali
Dr. Engali's picture

You need to get your mind right boy. Off to the FEMA education centers with you.

Sun, 03/11/2012 - 02:00 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

 Pretend you're me.  You find this [holds up Fight Club rules].  What would you do?

Me?  I'd be very careful who I talked to about this.  It sounds like someone dangerous wrote the rules for this club....someone who might snap at any moment, stalking from office to office with an Armalite AR-10 carbon gas semi-automatic, bitterly pumping round after round into colleagues and co-workers.

Might be someone you've known for years....someone very close to you.  Or, maybe you shouldn't be bringing me every little piece of trash you pick up.

Sun, 03/11/2012 - 03:06 | Link to Comment LowProfile
LowProfile's picture

 

My boss wants to send me to an "Emotional Intelligence" Program!!!!

Your boss is a very savvy fellow.  I highly recommend you take advantage of it.

Sun, 03/11/2012 - 03:48 | Link to Comment resurger
resurger's picture

If you are Negative = Terrorist

well guess what low, he told me that Gold is going to crash and the economy in the U.S will get better this year and he gave me this:

Boss: Am right ^ ^

Slave: Yes

PS: if i told him no i would have been fired with battery acid poured on my face... i got a warning and a extended probation

Sun, 03/11/2012 - 11:39 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

resurger, your boss clearly feels threatened by your ability to think as well as your refusal to accept faithfully the message that the economy is recovering. It's time to put on the sheep mask for the duration of your employment:

Slave: I saw some guy on CNBC talking about how gold was in a bubble and that equities are a real bargain.

Boss: ...and?

Slave: I remembered what you said about gold and how the economy was going to get better, so I sold all my gold and loaded up on APPL.

Boss: Good for you! By the way, what's your golf handicap?

 

Sun, 03/11/2012 - 13:37 | Link to Comment resurger
resurger's picture

 

that was a great advice Fourthstooge,Thanks

Sheep Mask On FTW!

 

 

 

Sun, 03/11/2012 - 07:50 | Link to Comment valley chick
valley chick's picture

@valkir, You are not lost ....you woke up.  Your wife is lucky that you did.  This isn't a matter of what degrees someone has but a matter of common sense. :) 

Mon, 03/12/2012 - 10:19 | Link to Comment Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

Sometimes it's better to just get rid of the wife.

Sun, 03/11/2012 - 08:14 | Link to Comment Awakened Sheeple
Awakened Sheeple's picture

Ease her into it. My wife used to think I was going batshit too... Selling my bonds for gold and silver, telling her to stock up the house with food stores etc... But as inflation has appeared in everyday life she's come around to trust me. My next move is to use my 401k as a piggy bank to pay down debt - the idea that made her most uncomfortable of all. Now she embraces the thought. As time goes on, and you are proven right again and again, she may yet turn around.

Sun, 03/11/2012 - 08:26 | Link to Comment Svener
Svener's picture

Oh for crying out loud the age group is 15 to 24. Now if the unemployment rate was that high for the under 35 I could see some concern. This is talking about kids. Talk aout belly button gazing.

BOO!

Sun, 03/11/2012 - 13:07 | Link to Comment Central Bankster
Central Bankster's picture

Just remember, its the "kids" that get violent when they lose hope, not the old fat men who have accepted their lots in life.

Sun, 03/11/2012 - 09:07 | Link to Comment BliptoP3
BliptoP3's picture

- Call it an inflation hedge, tell her to stock up now so you won't be paying inflated prices. 

- nothing is for certain, we don't know how bad things will get, so don't phrase things as absolutes.   I ususlly talk about how bad unemployment, govt. corruption,  etc. are, and then casually throw in: but I think there's only a 5-10% chance we'll be shooting each other in the streets for the last can of beans.  people laugh and usually say: "I don't think that will happen" to which I reply: "you're right, the probablity is low, and with some simple precuations we could all get through it."  Then I go into how my wife buys lots of things when they're on sale and stores them in the rotating shelves and how we save 30% on groceries, and how good my home grown garlic tastes.  That gets people interest and they start asking question about what we're doing.  We've gotten several of our neighbors growing gardens and rotating food.

- never mention the PMs

- do mention you're heavily armed.

Sun, 03/11/2012 - 10:06 | Link to Comment DanDaley
DanDaley's picture

"Many are called, few are chosen", if you like it Biblically.  

Anthropologically, women have a greater need to think that everything is going to be rosy, sweet, and nice (lack of conflict makes it easier to be pregnant and raise kids).  Men, on the other hand, are naturally paranoid because being skeptical, wary, and prepared have survival value and keep you from getting eaten, literally or figuratively.  Why do you think that the Boy Scout motto is "Be Prepared"?

Sun, 03/11/2012 - 10:40 | Link to Comment Global Hunter
Global Hunter's picture

Valkir if you ever wonder why they don't just have a worldwide default and reset things so we can rebuild and why they kick the can down the road...well you are an example of why. They'd prefer to drag this out cause people to worry about things and usually when people worry they begin to deny and distract themselves.  They're hoping to cause as much tension within families a few of us will realize what is going on while the majority go into massive denial.  They want to cause as much social damage as they can upon us before they pull the trigger, they're hoping we have nothing left to live for and will follow them.  Stay strong brother!  Things are catching up to TPTB faster than they can pull us apart...we have to hold out a little while longer.

As another poster said come to ZH make some posts and importantly have some fun too.  Just my two cents. 

Sun, 03/11/2012 - 13:13 | Link to Comment Mary Wilbur
Mary Wilbur's picture

when you're not reading ZH go to your library and find books on subjects you know little about or nothing about and begin to educate yourself. I am retired and that's what I'm doing. Don't waste your money on cirgarettes, alcohol, or drugs. What you save can be used to buy books you can't find at the library. Your new knowledge will become useful in ways you can't immediately imagine. Don't spend too much time worrying about yourself.  Depression is a bitch in my experience but it passes, and you can, if you try, get your mind on other things. If you can think of a way to participate in the underground economy, then by all means go for it, as long as the reward significantly outweighs the risk. Good luck to you, Valkir.

Sun, 03/11/2012 - 00:51 | Link to Comment dwdollar
dwdollar's picture

Boomers. It's What's For Dinner.

Sun, 03/11/2012 - 01:00 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Shattered, shattered

Love and hope and sex and dreams and still surviving on the street

Look at me, I'm in tatters

I'm shattered, shattered

Sun, 03/11/2012 - 07:33 | Link to Comment JohnnyBriefcase
JohnnyBriefcase's picture

I heard you can get high off that shit.

Sun, 03/11/2012 - 00:51 | Link to Comment Atomizer
Atomizer's picture

Just send over Bloomberg/CNBC media hacks to aid in GDP growth. Tourism Bitchez.

Sun, 03/11/2012 - 00:53 | Link to Comment kito
kito's picture

Well it's a good thing that greek bond swap deal worked....now we can get back to business and focus on growth.......... right?.........

Sun, 03/11/2012 - 00:58 | Link to Comment dwdollar
dwdollar's picture

At least they'll have enough unemployed fingers to use for the dam.

Sun, 03/11/2012 - 07:36 | Link to Comment FrankDrakman
FrankDrakman's picture

Why use fingers when they could go the Isle of Lesbos and find ready made dykes?

Sun, 03/11/2012 - 01:03 | Link to Comment Banksters
Banksters's picture

Trav should invite them to his  mother's basement.   They can scream and wail about their 'condition' together.  

Sun, 03/11/2012 - 01:03 | Link to Comment RoadKill
RoadKill's picture

Im sure the numbers are no where near that bad when you count the people working in the black market to avoid taxes.

Samething is happening here in the US. Lots of people working for cash under the table.

Doesn't mean what is happening in Greece because of their leaders isn't shameful, but its important to realize its happening on bothsides. The socialists use the unemployment numbers to argue for higher taxes and less austerity. But they fail to realize that on the otherside the higher taxes are forcing businesses to the black market and forcing the entrepreneurs and capitalissts out of the country.

Sun, 03/11/2012 - 01:10 | Link to Comment oldman
oldman's picture

Roadkill,

You really are ----------------------------funny.

Thanks for the laugh                   om

Sun, 03/11/2012 - 01:13 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Fair enough, so now let's factor in everyone who is taking out loans to go to school and the debt margin to productivity is back in balance.

Sun, 03/11/2012 - 01:16 | Link to Comment luna_man
luna_man's picture

 

 

Look at the bright side...THE NEW PEOPLES ARMY!

 

After the CRIMINALS we go.

Sun, 03/11/2012 - 01:17 | Link to Comment Flakmeister
Flakmeister's picture

I'm having a vision, it's a bit blurry, but I can still discern an angry youth awakening... disenchanted and feeling betrayed...I see unrest and flames...Blood in the streets of the town of New Haven...

A wave of time ripples through, I now see a solitary individual, corpulent and witless, desperately trying to communicate through its two thumbs....

It is with the latter, I fear, that our fate resides....

The lure of a cheap virtual reality, a poor man's Matrix, will be more than enough to buy off this generation of American youth....

Wow... I think the shrooms just kicked in....

Sun, 03/11/2012 - 01:52 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The youth has no guidence.  They see their parents as sellouts, or worse, as defeatists, and they see their grandparents as lames.  No one  knows them, but worse, they never got to know themselves, because the only thing real in their lives is physical pain.

This pain of course has been numbed by drugs since early age.  They are all hyperactive and depressed, says the Drs, and so their livers have bared the burden of reality, not their minds. 

They missed the last boat to opportunity, says everyone.  "Poor, poor boys."  But they'll grow up, just as soon as the economy turns around!

So they keep their heads down in their laps, watching the lights flicker on screens, never looking up to watch the real beauty of the stars.

They are the lost boys of the world; never given opportunity and not strong nor smart enough to take it.  The deck is stacked against them, and besides, they would rather play a game by themselves, in their room, alone.

Sun, 03/11/2012 - 02:00 | Link to Comment Atomizer
Atomizer's picture

At least they have Modern Combat games and iAnger Management app to get them thru the day.

Sun, 03/11/2012 - 02:07 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The games are preparing them for WWIII.  The apps are preparing those who make it back for a retirement where they never leave their houses except to go on dates they have found on line which will be paid for by government stipends dependent on their status as "men of America".

Sun, 03/11/2012 - 10:43 | Link to Comment Global Hunter
Global Hunter's picture

Mr Lennon, you have written some posts that are worthy of the handle Lennon, telling the truth man, you radical!!!!

Sun, 03/11/2012 - 07:38 | Link to Comment JohnnyBriefcase
JohnnyBriefcase's picture

+ 1 million

That's some scary shit right there. They (we?) all need to detox. A few decades with no electricity should do it. Who knows maybe even the strong would survive.

Sun, 03/11/2012 - 09:01 | Link to Comment Zero Debt
Zero Debt's picture

Guidance should come from within

Sun, 03/11/2012 - 10:49 | Link to Comment Global Hunter
Global Hunter's picture

It definately should Zero Debt but the state sponsored school systems in the west have done a good job smashing the concepts of individuality, masculinity, integrity, honour and amongst other things the ability to think logically and rationally.  It is not by accident but rather by design that they have tried to destroy the individual and the family.  They have attempted to breed lambs thinking we'd be able to socially breed away crime, dirt and all that is nasty with humanity, the only problem is lambs are fit for slaughter and one of the nasty aspects of humanity is that powerful and rich people can often only get off by controlling and killing lambs. 

Sun, 03/11/2012 - 12:45 | Link to Comment americanspirit
americanspirit's picture

Pure Poetry Mr. LH

Reminds me of TS Eliot - we are the straw men etc

Sun, 03/11/2012 - 21:31 | Link to Comment zkay
zkay's picture

That was me, for the longest time. But no more. Great post, man.

Mon, 03/12/2012 - 10:14 | Link to Comment Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

THe DHS is going to come by your house & smack U around with a nice heavy copy of Shakespeare.

Sun, 03/11/2012 - 01:24 | Link to Comment Seasmoke
Seasmoke's picture

still not enough with nothing left to lose........but getting there quickly

Sun, 03/11/2012 - 02:39 | Link to Comment SgtSchultz
SgtSchultz's picture

Here is the solution:

As Eric Cartman yelled out the window of his school bus when seeing poor Costa Ricans in the street "Hey, why don't you go to college and then go get a job"

 Or even this is an easier solution....from Big Lebowski:

Lebowski: Sure! Fuck it! That's your answer! Tattoo it on your forehead! Your answer to everything! Your "revolution" is over, Mr. Lebowski! Condolences! The bums lost! My advice is, do what your parents did! Get a job, sir! The bums will always lose-- do you hear me, Lebowski?

http://www.youtube.com/watch?v=TCgeaNfcw-w&feature=related

 

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