Guest Post: Field Of Economic Dreams

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Sun, 08/28/2011 - 14:26 | 1609603 Mauibrad
Mauibrad's picture

Excellent graphs on this.

Sun, 08/28/2011 - 14:27 | 1609608 DoChenRollingBearing
DoChenRollingBearing's picture

I have almost everything I need.  Why should I spend any money?  Money may become very tight soon, we may need it for necessities.

Similarly, why should I invest or become involved in building a real business here in the USA?  Too many leaches and regulations.  Too easy to get into trouble or fined.

Forget it.  Stop playing "their" game.  Buy gold.  Prepare.

Sun, 08/28/2011 - 14:36 | 1609619 yabyum
yabyum's picture

Dochen, If I'am going to buy anything it will be a piece of land with water and a place for chickens goats and apple trees. Another layer between me and the flailing beast.

Sun, 08/28/2011 - 14:46 | 1609638 beachbumsix
beachbumsix's picture

For sure....

Sun, 08/28/2011 - 15:04 | 1609677 spiral_eyes
spiral_eyes's picture

here's the good news, bitchez!

jersey shore not destroyed! snooki not dead! EVERYTHING'S GONNA BE ALRIGHT!

http://azizonomics.com/2011/08/28/jersey-shore-not-destroyed/ 

Sun, 08/28/2011 - 16:25 | 1609856 JW n FL
JW n FL's picture

Vote with Bullets!!

 

Nothing will change until YOU! Change!!

 

Protests, Marches, Sit Ins and / or any other.. have NOT Worked for the Last 40 Fucking Years!!

 

When will people have enough of wastiing thier time and make a real commitment to a lasting change?

 

How many more beatings by Police do you need to see that the only Terrorists Operating in the Untied States are the POLICE?

 

When will enough people wake up to effect change in the Untied States?

 

and by "Change" I mean the Constitution of the Untied States being adhered too. Procedural Law is for Judges with little dicks and GIANT EGOS!

 

When will people starting using the same amount of FORCE to Protect thier Rights as is used to take thier Rights Away?

 

When is Enough? Enough??

 

When is Enough for You??

 

Never? just live thru and suffer?? let your kids deal with it? When or What does it take for YOU! to Stand Up! and Fight?

Sun, 08/28/2011 - 16:38 | 1609881 cossack55
cossack55's picture

I find the Articles of Confederation much more attractive.

Sun, 08/28/2011 - 17:30 | 1609990 JW n FL
JW n FL's picture

I am willing to open talks with all Fight Club Brethern on different articles that may be suitable for "We the People" to be Free again!

Sun, 08/28/2011 - 16:38 | 1609879 smlbizman
smlbizman's picture

i am betting that tptb will use the spending that took place these last couple of days on emergency items, to show the consumer is back. it will not be mentioned that it was weather related, that only counts when the numbers are bad. i am also betting that the return lines tommorrow will be just as long as the lines to purchase were days earlier.....so keep an eye out for the revised number...but can;t you here liesman screaming the good news that the recovery is in the fast lane and his father was right it was just transitory.....  

Sun, 08/28/2011 - 14:49 | 1609646 Ahmeexnal
Ahmeexnal's picture

If you do, then you'll be forced to feed the looters and moochers.

You'll be their beeyotch!

Sun, 08/28/2011 - 14:52 | 1609655 trav7777
trav7777's picture

I'm on the next leg of my "Economic Collapse Tour" - Iceland.  People here in the city seem to not be starving or rioting.  In fact, everything looks pretty ok.  I've noticed having been to 3 or 4 countries in a row now with a lot of zeroes on the banknotes that all of this apocalypse fantasizing people have with their bugout ranches is just mostly idiotic.

Sun, 08/28/2011 - 15:37 | 1609747 DCFusor
DCFusor's picture

Unless like I, you find that living in a world of friend helping friend beats living in a dog-eat-dog reality.  Even an alpha-dog who mostly does the eating can grow tired of the crap, you know?

Thinking of it as a bug-out might be missing the main point (and there are people on both sides of that who don't "get it"). I just call it "home".  A nice one, too.  I have feedoms most city dwellers can only dream of, every day here as well.  I can shoot in my backyard - no one to hear or care.  I have many miles of nice twisty mountain roads to drive my hot rods on -- no traffic, no cops, you just have to watch for the wildlife.

And I dont' worry about moochers or looters where I live.  It'll never come up -- the 25 or so neighbors I have in a few mile radius will pick a few off for me anyway.  Rotten roads and percieved low value of any targets here will keep most away anyway -- trav for instance might never think about this as a place to go stealing from, since he thinks the standard of living is so low (obviously, it isn't).  That worry is for surburbia, not truly rural.

Moochers (think, the homeless) just aren't here.  They collect in cities, not where there's no place to sit and mooch (no one much to mooch off), and no one tolerates it anyway.  This is a big country, your perceptions based on what you've seen in the few places you've been might be way the hell off -- most only go to places that attract the masses, after all.

I'd prefer there be no apocolypse myself, but frankly, I don't have to care very much.  That's the payoff of living on my "bug out" ranch.

 

Sun, 08/28/2011 - 16:05 | 1609805 delacroix
delacroix's picture

what kind of internet service do you have, if I might ask?

Sun, 08/28/2011 - 16:23 | 1609850 Caviar Emptor
Caviar Emptor's picture

+1

Sun, 08/28/2011 - 17:13 | 1609956 Jason_1sandal
Jason_1sandal's picture

Same here mostly.... we do, or I should say did, have a family of rowdy drunken hillbillies close by, but they got "runned" off. The dad got blasted by a shotgun by someone that got tired of their BS (it was self defense). Then somebody burned their house down (wasn't me). Now it's nice and peaceful. Good land, year round creek, plenty of game, great community. We may see some "riff raff" since we are still 25 miles or so from a large town. As you can tell we will make short work of them and not even feel bad about it....

Sun, 08/28/2011 - 19:16 | 1610259 eureka
eureka's picture

What a shame we can't all go back country living all 300 million of us.

Mon, 08/29/2011 - 09:41 | 1611408 Are you kidding
Are you kidding's picture

Actually...all we need to do is put the women and niggers back in their place.  If we men had the balls again to do that...we could fix all the other problems too.

Oh...and kill all the lawyers...

Sun, 08/28/2011 - 16:15 | 1609833 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

thats because Iceland is a damn fine country

come to the ghettos of london, or go to spain and see if you can get a job as a dishwasher

Mon, 08/29/2011 - 09:42 | 1611411 Are you kidding
Are you kidding's picture

White people...Iceland is all white people.  Wake up son!

Sun, 08/28/2011 - 16:18 | 1609840 disabledvet
disabledvet's picture

the fool is the one who doesn't default. i agree. now let us laugh at all those who pay taxes, have jobs, serve their country and otherwise do useful things.

Mon, 08/29/2011 - 09:43 | 1611416 Are you kidding
Are you kidding's picture

The trouble is...they're working for the wrong boss!  Those tax dollars go to perpetuate the wrongs...

Sun, 08/28/2011 - 16:21 | 1609847 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Hi trav!  Iceland is not a good bellwhether.  They did not fall for the banksters bailout scheme and kicked them out.  I am not sure about the other countries but Iceland is atypical.  Good day.

Sun, 08/28/2011 - 16:45 | 1609896 Long-John-Silver
Long-John-Silver's picture

You can't hide land from the government and looters.

Sun, 08/28/2011 - 23:07 | 1610732 Creepy Lurker
Creepy Lurker's picture

While that's true, you still have to live somewhere. And I'd prefer something similar to Yabyum's "bug out ranch" than an apartment in New York.

Sun, 08/28/2011 - 16:55 | 1609922 kito
kito's picture

@yabyum---triple thumbs up

Sun, 08/28/2011 - 23:20 | 1610765 janus
janus's picture

wow, kito, i see what you mean...i was tryin to reply to yabyum as well and got kicked all the way down here.

but, seein your comment, my thoughts apply to you as well -- so i suppose gettin kicked all the way down here worked out just fine.

Sun, 08/28/2011 - 23:13 | 1610752 janus
janus's picture

funny, i've got all you listed (well, pear trees rather than apples...and no goats -- but i do have a few cocks and more hens than you can shake a stick at), and i'm makin plans to move to chicago or ny next year.  i want first stab at the beast...bruise his horned head and seize all his fineries (the devil has a taste for the rare and resplendent).  may leave the wife and kids here if it feels unsafe.

spring fed crick in the back; koi ponds; and something significant in bloom year round.  i'll miss it; but that's sort of the nature of war.

ps. don't forget a couple of savage dogs -- you're gonna need the dogs before you can add anything to that land...in one night you'll lose all your chickens and half your goats -- here in alabama the woods are crawlin with every sort of predator that can't wait for a dog to let his guard down for one second.  i kid you not, i lost my dog last year, and in the short time it took to replace her (one week) i'd lost all but four hens and one cock (something like 80 dead birds).  no matter how carefully you lock that henhouse; no matter what measures you take, a fox will always out-fox you when it comes to gettin chicken. adutl goats should be fine (not pygmies).

alabama is a good place for you...just look at how the region's fresh water channels into our state.  the land is incredibly productive.  the land is impossibly cheap and the property taxes are absurdly low (mine was like 250 last year on 5.75 acres -- the whole year).  your neighbors will look out for you (as long as you're not some sort of hippie -- you can be one, just don't look like you are).  and your neighbors are all very well armed.  hell, when i read these comments about "preparing" i chuckle a bit.  we've been fuckin preparing since reconstruction, bitchez!  on this very road, there are four complete shops with cnc machines, every kind of metal working device you can imagine, in home gun mod shops, arsenals that would make saddam blush, food stores that fill basements, pyramids of bullets, seeds and canned beans lining shelf after shelf.  i think nothing of it -- i've been seein basements loaded down with paranoia since i was a very young child.  hell, even i know how to make gun poweder from scratch -- just get me to a cave with guano.  so, yeah, i'd love to see some governmental department try and put the clamps down on dixie. 

and you fucking retards have been sold a bill of goods: the second amendment to the constitution is the most progressive stand ever taken by any government on behalf of their people.  and yet, you yankees believe that it's in some way reactionary?  are you people daft?  who has so seduced you?

...outta my cold, dead hand, bitchez!

Sun, 08/28/2011 - 14:50 | 1609648 Prometheus418
Prometheus418's picture

Right there with ya, DoChen.

After basic necessities, the only things I spend currency on are physical silver and ammunition.  (I consider food hoarding part and parcel of "basic necessities.")  Going to call city hall on Monday to see if local ordinances will allow me to keep chickens in my backyard, too- a couple of other local towns have already allowed it, and I am in a town that is not big on regulation to begin with.

Sun, 08/28/2011 - 16:19 | 1609846 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Recent events have shown that being up front with these tyrants is not the path to success.  Stealth is always best against tyrants!

Sun, 08/28/2011 - 16:25 | 1609855 Snidley Whipsnae
Snidley Whipsnae's picture

Prom... We are encouraged by state/local govs to 'be prepared for hurricanes'... and that requires a vast amount of items to be held on hand.  

About 1/3 of the US should probably be prepared for a hurricane.

Preparedness is not hoarding.

Sun, 08/28/2011 - 19:01 | 1610224 11b40
11b40's picture

You MUST get with the program, DoChen.  Why should I buy, you ask?  Because there is supply, of course.  Where have you been?  We got that new "supply-side economics" thingy now.  As long as we have supply, all is good.  It's just when anti-god people like you turn off the water that things go bad.  You & your ilk are the cause of all these problems.

sarc/off ;-)

 

Sun, 08/28/2011 - 22:15 | 1610620 EINSILVERGUY
EINSILVERGUY's picture

Lets all say this together

"Who is John Galt"

I am buying PM's and preparing for a different world. Business collectively has decided to withhold their talents and money and will wait out the economy until 2012

If the leechs and moochers aren't defeated, this country will be toast.

Its on life support now

Mon, 08/29/2011 - 15:50 | 1612705 Not For Reuse
Not For Reuse's picture

Why spend money? Maybe because it's fun to get out, travel, meet people, eat great food, drink great wine, etc..? Smoke em if you got em, there's no better time than now. If money does become very tight, the opportunity to do exotic shit certainly isn't going to get any cheaper, it will just get extremely exclusive and reprice itself to the point where only the wealthiest 0.01% can still afford the same sort of experiences that are available right now to a much much wider clientele

Sun, 08/28/2011 - 14:41 | 1609631 SumSUN
SumSUN's picture

Hunger strike, sex strike, or buying strike...

Money talks.

Sun, 08/28/2011 - 16:19 | 1609845 JW n FL
JW n FL's picture

Vote with Bullets!!

 

Nothing will change until YOU! Change!!

 

Protests, Marches, Sit Ins and / or any other.. have NOT Worked for the Last 40 Fucking Years!!

 

When will people have enough of wastiing thier time and make a real commitment to a lasting change?

 

How many more beatings by Police do you need to see that the only Terrorists Operating in the Untied States are the POLICE?

 

When will enough people wake up to effect change in the Untied States?

 

and by "Change" I mean the Constitution of the Untied States being adhered too. Procedural Law is for Judges with little dicks and GIANT EGOS!

 

When will people starting using the same amount of FORCE to Protect thier Rights as is used to take thier Rights Away?

 

When is Enough? Enough??

 

When is Enough for You??

 

Never? just live thru and suffer?? let your kids deal with it? When or What does it take for YOU! to Stand Up! and Fight?

Sun, 08/28/2011 - 19:08 | 1610241 11b40
11b40's picture

When enought people get hungry.....that used to be a pretty good metric for revolution.

In our current entitled society, it may happen if enough people discover they can't pay the smart phone bill.  Then things get ugly!

Sun, 08/28/2011 - 14:43 | 1609635 TradingJoe
TradingJoe's picture

Paying down debt has become a priority of late! The "need" vs the "want" has won, for now!

Happy Monday :)))! (sarc)

Sun, 08/28/2011 - 14:44 | 1609636 Eireann go Brach
Eireann go Brach's picture

Let's hope all these consumers who are not confident don't vote for hope and change next time around! Fool me once shame on you, fool me twice shame on me!

Sun, 08/28/2011 - 16:29 | 1609864 Snidley Whipsnae
Snidley Whipsnae's picture

If you still think that 'who you vote for' matters then you need to get up to speed. Do you really think that a vote for McCain, and his election to pres, would have made a difference?

Do you know that the scum bankers are calling the shots in America?

Do you know that almost all pols are bought and paid for by scum bankers?

 

 

Sun, 08/28/2011 - 17:46 | 1610031 DoChenRollingBearing
DoChenRollingBearing's picture

Got a great point there Snidley!  McCain would have been bad too.

Sun, 08/28/2011 - 19:55 | 1610351 Kayman
Kayman's picture

If you still think that 'who you vote for' matters then you need to get up to speed

Snid- you're a cynic, but you are right.

Even Mr. Change-ya-can-beleeb-in had his tiny little soul caught in Hank Paulson's tobacco can once the checks were written.

Sun, 08/28/2011 - 14:57 | 1609661 eureka
eureka's picture

Death to the consumer - long live the individual self-reliant independent creator.

Sun, 08/28/2011 - 15:19 | 1609710 Bobbyrib
Bobbyrib's picture

Death to multi-national corporations is more like it.

Sun, 08/28/2011 - 19:20 | 1610271 eureka
eureka's picture

Exact same thing - they're co-dependent entities.

Sun, 08/28/2011 - 16:17 | 1609838 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

You have just pronounced yourself as an "enemy of the state".  Welcome to the burgeoning club!

Sun, 08/28/2011 - 17:25 | 1609976 captain_menace
captain_menace's picture

Errr... not to nit-pick, but doesn't a self-reliant independent creator consume something during the course of creating something?  Are these mystical beings able to create something out of nothing?  Has the law of conservation of energy been proven incorrect?

I'm fairly positive that a few products and services were consumed just by you posting your comment.

I'm not convinced that consumption is a bad thing all by itself, and I'm definitely not ready to stop consuming what I want and/or need.  I was kind of under the impression that free markets were based on this basic premise.

Consumer -> "I do not think it means what you think it means"

Sun, 08/28/2011 - 17:54 | 1610044 toady
toady's picture

You are correct at the most basic level. Humans do consume calories, water, and a few other essentials that keep their bodies alive.

Its only when they develop a culture of mass consumption, way beyond sustainability, that cunsumption becomes a problem.

Todays society uses too much and does not renew. Its economic systems are based on continuous growth, not sustainability.

When something cannot continue, it won't.

And I hate being called a consumer!

Sun, 08/28/2011 - 20:17 | 1610403 StychoKiller
StychoKiller's picture

Until the following wordz are deleted from Marketing's vocabulary, we aren't there:

a. Disposable

b. Planned Obsolescence

c. Consumable

Sun, 08/28/2011 - 15:12 | 1609689 chistletoe
chistletoe's picture

I'm just an amateur and a little trader,

but basic common sense tells me

that the statisticians must adjust the raw GDP numbers to factor out inflation,

and no doubt the number they use for inflation is like the CPI, artificially manipulated

for the sake of understatement.

If this is true, then the GDP must benefit ffrom the same manipulation

and it must come out to be artificially high by whatever amount inflation has been understated.

Am I correct in this?

 

If so, the overall economy is really tanking.  Like you keep saying.

right?

Sun, 08/28/2011 - 15:39 | 1609749 DCFusor
DCFusor's picture

That's my take.  Seems to me any realistic measure of production, and particularly a per capita one, must be fairly negative at the moment.  They even got the sign of the number wrong.

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