US "Misery" At Fresh 28 Year High
It was just three months ago that we posted that the US Misery Index (inflation plus unemployment) hit a 28 year high. Today we boldy recycle that headline, and pretty much the entire post, as the US Misery Index just hit a fresh post 1983 high. Really nothing to add here: #WinningTheFuture.
Chart: Reuters
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Are Central Bankers included in this survey?
No, they were too busy monkeyhammering gold this morning.
Misery?
This is why:
http://www.youtube.com/watch_popup?v=xOAgT8L_BqQ&feature=player_embedded
Misery? Ferrari just sold out of all inventory. High end diamond brokers best retail numbers.
Eat the rich, bitchez.
I've asked this before, but what company is the largest producer of guillotines?
I don't usually like equities, but that's a company I could get behind.
Zero Hedge should start manufacturing guillotines. They'd be premium-grade guillotines...sort of...you might need to drop the blade once, or twice, or thrice to cut off a fatcat's head...but does it matter?
Personally, I'd prefer Vlad's method--or even just locking them up in cages and leaving them to starve to death. They don't deserve a quick death.
Vlad, yes... Impalement would be a wonderful way to decorate the sidewalks of Wall St.
The guillotine blades must be dull. Sharpening them would be considered a capital offense. I think the blade should also be powered not by gravity, but from a slow hydraulic piston.
Wait. Wait. How about rats, impalement and a guillotine all wrapped up in a Rube Goldberg contraption that dispensed Pirate's Booty and Sour Cream and Onion potato chips to the angry mob?
Dude, it's Wall St. A Brazen Bull would be the most appropriate form of execution.
Starving rats in cast iron pots tied to kleptocrat's bellies...new reality TV show. Please submit possible show titles.
"Of Rats and Pigs." I think a nod to the depression era novella is appropriate.
welcome to "WHAT'S EATING YOU!!!" Today's contestant needs no introduction, lets all welcome Lloyd Blankfein.
All right Lloyd, spin the wheel and lets see how many hungry rats you get in your iron cage. By the way today's episode is brought to you by Purina Rat Chow, which is perfect for feeding your favorite rodents, when you don't have a fatcat banker handy to munch on.
Great job Lloyd, looks like your've spun a 3. Now lets wax your belly and apply a nice coat of honey and ants to get things warmed up.
So "What's Eating You" would be my best game show name. People will get bored with just rats, so with a nice vague name, you can use any carnivore in the animal kingdom. I think it should run on CNBC and Bloomberg. Charlie Rose would make a great host since Richard Dawson isn't available due to other commitments.
"I killed the banks!" said Andrew Jackson on his deathbed. He didn't boast in killing bankers.
That should be our goal too; but some collateral damage is inevitable.
Agreed, but we can still fantasize...
I like the rat in a cast iron pot idea. Leaves too much to the imagination for the viewing audience though. Would need a "rat cam" to document the slow escape.
Of course it's metaphorical; the guillotine, lynching...comfy chairs. "Nobody expects the Spanish Inquisition!"
http://www.youtube.com/watch?v=sAn7baRbhx4
Oh and the rat cam...splendid idea. I suppose today it would could be glass or plastic and see through...could have an internal cam too I've seen the commercials.
Track that to the price of gas at the pump.
I think you'll see an almost 100% correlation. Happiness in the US is a cheap tank of gas, so you get to nowhere faster and cheaper and spend money you don't have on things you don't need.
Such is how it looks to me. Anyone?
ORI
Curse of free Energy
Correlation is not causation.
My problem is the gas in my "tanks" takes my to my earnings, pumps shuts off @100 with a 1/4 to go... so for me happyness IS a full tank @100
My sympathies Europe... really
ORI, the link you provide is one perspective. Yes it is a meaningful part of the problem but the overall trend and issues are far more complicated than the curse of so-called 'free energy'. The present world system continues to be run by the Elites and it is warped, twisted, broken, FUBAR. We were promised Hope and Change but we only got more of the same and worse. Is some other event coming down the pike that leads to more promises to change the present system? I believe so but it will more of the same and perhaps a much worse system.
True ZA, but I think it is a pivotal one, yes?
ORI
I just moved right outside DC. What a cluster-f***.
You should see these yups in A4 converts. complete frat broboys; just suck suck sucking away.
Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come.
Jeez, and we have this till 2016, how bad is it gonna get?
The answer to this question lies with you, no1 forces you to put up with this, just pack your bags and go
Yes, but misery is transitory see, its the S&P that counts.
If this was posted anywhere but here, I would assume you were being serious and an epic idiot. It's good to know your audience.
I'm quoting Tim and Ben. Otherwise known as Benothy.
Haha!
Why not Bim?
100 days till Christmas.......
Fuckers on cnbs expect a great season.
Funny, stores aren't even hiring seasonally. All Christmas is money to Chinese shit we don't need, and debt we can't afford.
I don't do Christmas myself......traditionally hamburgers on the grill. No presents.
Holidays are only corporate backed events: they've long since lost any of the original meaning they were supposed to hold; I quickly learned of the real meaning of "holidays" when I used to work retail.
That actually sounds like a really nice Christmas.
I was a child of the 50's and 60's and a young adult of the 70's. Based upon that chart I now understand why I was so miserable.
Now I will soon be a retiree of the 10's, 20's and 30's. God help me, but here comes more misery.
And thats saying something , you were born in pretty much the golden age. If a plebian born in the 50s couldnt find happiness then thats really saying something about plebs.I now see why the Aristochracy act like they do. Whats the alternative? Being a miserable git basically.
-nothing personal CD , just an observation.
Nothing personal taken.
The Golden age? Really? That observation all depends upon what you value as opposed to what the machine society tells you to value. We all know that the machine has been lying to us for centuries. So the Golden age is all about relative perception. It all depends upon the measuring stick the machine tells us is the only one to use. For every positive you bring out I can bring out a corresponding negative.
Welcome to the machine.
Although a tad bit younger than the participants in this conversation, I was, nonetheless, quite familiar with a certain "machine" in my youthful days...wore the "tires" flat -- being plastic, quite literally...
http://www.collecttoys.net/1970s-Toys/images/Big-Wheel.jpg
Big Wheel racing is not just for little kids anymore. There are now Bring Your Own Big Wheel (BYOBW) racing meets across the country. One can view this as going full retard or reliving the good old days. So is/was the Golden age Big Wheeling at 5 years of age or 45?
Don, is that you up front leaving some fingertip skin on the pavement? Looks like you have an understeer issue there big boy. :>)
"full retard/reliving the old days..."
Ha -- I'd have to say, in response to your thought, clearly the former...that said, however, these guys are rubes. Man up, people -- no kid worth his Pop Rocks and Bub's Daddy grape gum stick ever wore a helmet on a Big Wheel. That's cheating. It simply wasn't done. I recall my old model had the hand brake for easy spin-outs -- facilitating equally easy sidewalk pile-ups.
Ah yes, the green machine...
They are wearing helmets to race Big Wheels?
WTF?
We are doomed.
I suspect they are 'racing' on city property. Thus it's helmets......or kindly leave and take your Big Wheel with you.
What about the poor folks who can't afford Big Wheels?
http://www.youtube.com/watch?v=VnsO-VF7i2c&feature=player_embedded
The machine has been lying to us from year dot.
But yes , the mid 20th century was a golden age for mere schleps like us. And you know it. Unless you felt you were somebody important in a former life youd be bending over for the machine even more than you have to now.
Maybe that's why we are so cynical :It's all downhill from here and that index will goto the moon before a system reset changes society for the better. But the period of change will be very very ....challenging.
CD
most people do not know what Misery really looks like but we both know they soon will! May Faith have mercy but it still won't help! AM "only" 46 now, still "young" but I ve seen things, Jesus, knowing it will happen here too makes me angry and sad!
i live in boca raton, fl-still off-season, best restaurants full, best shops full-only trash sitting at the curb
They better live it up while they still can. Geesh, you can't possibly think that is an economic indicator, right?
Don't think we are going to see roaring 20's 2.0 ...
Damn. Too bad......because I was looking forward to a Flappers revival.
CD, I have seen many, many images of the 'Twenties, but my favorite remains this one. It is the embodiment of the devil may care audacity which was the Jazz Age ( ...with a little help, no doubt, from some garter flasks and bathtub gin ). Here's to better days...
Chicago. December, 1926.
http://28.media.tumblr.com/tumblr_lfwib7HSpL1qg8r34o1_400.jpg
In high heels no less.
Wait a minute Don, did they have photoshop back then? :>)
Incredible shot, yes...doing the Charleston on the rooftop ledge of the Sherman Hotel. My kind of girls. ;)
Someone knows-how the dynamics of massive destruction of wealth. When we shake an orange tree, do oranges fall from it?
Unless this is sarcasm whose subtlety escapes me, I think it says a lot about the mindset of the people on this site that wallowing in self-created misery gets all up arrows.
So not to you specifically, but to those who really represent that mindset:
JFC, this isn’t the Black Plague, the Holocaust…not even the Spanish Flu of 1918 (or thereabouts). You live infinitely better than 90% of the world, and better than 99.9% of people who have ever walked the Earth. You also have that most rare of human gifts: choice. You can find a small piece of land in the middle of nowhere, grow your own food, do some hunting, watch the sun come up and go down, and ignore the rest of the world. You want happy? Stop going out of your way to look for reasons to be miserable. Happiness isn’t shallow, it isn’t naïve. It’s the way to live life. Misery isn’t deep and it isn’t "aware". It’s a choice, a bad choice, a useless choice.
Out here I was taking care of a young boy who had developed acute myelogenous leukemia. The first hospital we went to had cement floors, nowhere near enough beds, sketchy power, and no medicines on site. (This land has the lowest per capita government spending on health care in the world.) Doctors wrote out prescriptions, and I had to run about town going to pharmacies to get everything from the chemo drugs to needles and cotton swabs. Every day the doctors said he would probably die that night. Every morning he was still alive, though rotting away and in great pain. Edemas and open sores all over his body. Still he'd smile when I'd come in, and ask me to tell him stories about me flying him around in a plane once he got better, or driving a fast red car. For four months he fought. Nobody survives what he had, but on rare occasions they go into a brief period of remission. Thirty other kids came and went while he was in the hospital. Went is dead. After four months, despite weighing about forty pounds, he walked out of the hospital. The doctors all cried. He put on weight over the next half year, and spent his time going back to school and playing soccer with his buddies. The leukemia returned. Chemo didn't help. The hospital sent him home to be with his parents and siblings. His teeth fell out and he smelled putrid. One morning he pointed to a picture on the wall of him when he was healthy. Though he could barely speak he said, "Remember him, not me." That was it.
He was twelve when it took him. Despite the pain, the fear, and real misery, he did not complain or whine about anything. He didn't care about some index, he cared about getting as much as he could out of whatever was handed him and whatever time he could squeeze out. He dealt with it.
Whose life do you think you are living?
Chindit13,,
Misery +1000 You do good work my friend...Thanks for sharing WOW!
Chindit13 You have a knack for writing to say the least.
Thank you for that, putting things into perspective can hurt sometimes.
Looks like a breakout to me. Barry the Magificent is toast.
Worse than toast when folks look at all the dollars flowing to Europe to make those strangers happy!
the bernank doesn't care about cat food eating grandmas, jamie needs a new yacht!
I will gladly sell him mine.
Does that use the real numbers as have been historically used and provided at shadowstats.com or does it use the gov't manipulated and forged numbers? If it uses the gov't provided numbers, then the misery index would be substantially higher.
You beat me to the question.
What would it be using consistent formulas for both those numbers?
30.
Using ShadowStats numbers, we are at freaking 30.
That's interesting to me, because I remember 1983 -- and this year definitely feels worse to me than 1983. The ShadowStats numbers feel right. In addition to having the advantage of being honest.
Snapshot of real inflation old price to present price, numbers dont lie.
September 11 – Ten Years Later (Selected Statistics) « Across the Street
to be revised higher next week
I am reporting this posting to Attack Watch.
http://youtu.be/-XYKRokgX00
+1
Why bother? I assume everyone who posts here or is registered here was reported in advance before the thing went public.
it pays to spoof your ip through a proxy...
hmmm, sounds like a business opportunity, setup a server in a bunker in Switzerland to run proxy for all ZH'ers for a measly oz of silver each?
Fuck 'em. I'm on the "teerrrrist" watch list already, which is why I HATE flying.
Next time, I'll wear a depends and eat onions rings and dark beer for 6 hours, shit myself on purpoose, hehehehe
But I'm a mean old man, should be great fun gassing them out.
:)
I like your style :-)
Next time I fly I'll go a different route if I get a patdown. Limpwristed flamboyent theatrics with a heavy lisp. I'll act very excited for the procedure and tell the TSA agent how enchanting his eyes are. Then I will attempt the loudest fake orgasm possible.
this will be bullish for stocks
Banks not really selling off that much
I fart in your general direction!
where is Jamie, I must have a word with that spoilt brat....my grandma needs her catfood!!!
ASAP
Looks like Obama has his work cut out for him if he is going to catch Carter. On the other hand. I wonder how relevant this index is based on how many shenanigans the politicians have played with when recording the CPI, PPI, etc. It seems to me we are far worse off now than we were during the Carter years.
Bullish for anti depressants. Think i'll buy some pharma stocks.
Wonderful World we live in.
Standing Headline bitchez!
Someone assumes that this worthless index uses the same.components.rd of wallet share and that budget is the same as are components of the economy representing GDP. Pathetic example. associates@pamria.com
And you're a less-than-worthless fiat stock advisor trying to drum up business on this site. Hey fucktard - how did your BAC recommendation work out for you? Book value and all, huh? Put all of your hapless clients into that one?
Shawn Anthony Mesaros
601 Union Street, Suite #4200
Seattle , WA 98101
206-933-1600
FUCK YOU.
Somebody needs a hug...
IF only I could short UNICREDIT
Just remember boys and girls, misery loves company. So lets all huddle under the table and love our misery.
It might be helpful to employ a little cognitive reframing and for everyone to embrace their inner masochist.
I prefer to be more productive - clean weapons, check dates on supplies, rotate stacks and check guillotine operation.
With core CPI at 2% YoY, it will be hard for Ben to justify more QE.
P.S. I am assuming he is sane; please do not comment on my sanity.
@pamriallc Go pimp your business elsewhere troll
cathy bates sez hi!
annie wilkes: [Right after smashing Paul's ankles with a sledgehammer] God I love you.