OT:Law Firm Associates Getting SLAUGHTERED…

[partypup]

[quote=TheBreeze][quote=partypup]

Dude, I just got back from Paris and am headed to Tahiti this summer.

I have NEVER stopped enjoying life! What have you done lately? ;-)[/quote]

Paris? Tahiti? What are you going to do if Partypupageddon hits while you’re there? How will you get back to your bunker?[/quote]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take. I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it. And since I have enough money in various places, neither of those two scenarios concern me much. Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?

LOL. Awfully dire talk from a guy who was drunk on hope and change only 6 months ago… 😉

[TheBreeze]

[quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[TheBreeze]

[quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[TheBreeze]

[quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[TheBreeze]

[quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[TheBreeze]

[quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[partypup]

[quote=TheBreeze]Partypup,

Why do you think we are not going to have food and water? As I understand it, in the Great Depression, the market dropped 90%, but the stores still had food and water. Many people couldn’t afford it (thus the breadlines), but the stores never ran out.

So you basically think the dollar is going to lose all value and everyone will basically quit/get fired from their jobs? That is about the only way I can see the stores running out of food and water. Even if my income got cut 80%, I would still stay in the same job unless I could find another, better paying one.

How do you explain the strength in the dollar? Why hasn’t the dollar collapsed already? Surely everyone and their brother can see that the U.S. is going massively into debt and they should be sellers of the dollar. Why isn’t this happening now? How come gold isn’t at $2000 right now? How come gold isn’t at $5000?

It’s obvious you were right about the market dropping, but it’s a long way from there to when the basic necessities of life are hard to obtain.

I personally think we’re going to have a deflationary spiral, the dollar is going to hold it’s value, and, so long as I have a job, I will still be able to buy basic necessities.

Maybe you can help bridge the gap between where we are now and the implosion you are expecting. How do we get there from here?

[/quote]

Well, given the plethora of posts that Allan, Arraya, Aecetia and I have made over the past 18 months, I’m really surprised that you’re asking these questions.

First: when have I ever said that food and water would completely disappear from the face of the earth? I find that some of the ostrich-types on this board seem to take a statement — such as, “It would be a good idea to get major medical procedures taken care of while the insurance infrastructure is still intact “– and run with it and spin a response such as, “What do you mean? They’re aren’t going to be any more doctors or dentists after the meltdown?” Seriously. The gaps in logic boggle the mind.

Will everyone lose their job by the time we hit bottom? Dude, if I thought that were going to happen, and we would soon be living in a world thrown back into the Iron Age, do you REALLY think I would spend my few precious remaining years sitting behind a desk pushing paper? Come on, now.

But it doesn’t take everyone losing their jobs for the country or the planet to have a severe food crisis. I’m not making this up, Breeze. Just Google “2009” and “famine” and see what you find. Even your favorite bookmarked site “Daily Kos” has figured out what’s coming:

http://www.dailykos.com/story/2008/11/27/11143/168/114/667032

The planet is obviously not going to suddenly run out of food and water. But if we get to a point where even 25-30% of Americans lose their jobs, and consumer and capital spending respond accordingly, you’re looking at Dow 2,500. And that isn’t going to be bullish for the dollar or our economy, now is it? If global investors see the stalwart United States — which was supposed to be able to weather this storm better than ANY other country — succumb to that kind of scenario, then I can guarantee you the dollar will begin to collapse, and fairly quickly.

And it also means of just-in-time delivery system will simply fail, because a bankrupt nation can hardly afford to import goods — especially oil — that will be necessary to keep the delivery system humming. As I think has been noted on this board several times – and even in another thread currently running – grocery stores rarely have more than a three (3) day inventory of food. Interrupt that inventory for more than three (3) days — which is highly likely if we have a systemic collapse — and simple math tells you that we’re going to have problems.

The entire System requires many different parts to all function in harmony. Disrupt the harmony, and you’ve got chaos. Will this mean that you can’t get your hands on a bag of rice in the event of a collapse? Of course not. But you’ll be fighting with other hungry and impatient folks at Ralphs who want the same thing, and the rice is going to be a LOT more expensive. Do you like crowds, Breezy?

And the dollar “rally” we’re seeing now does not reflect confidence in a nation that is throwing trillions of dollars of unpayable debt onto its back; it simply reflects a complete and total fear of equities and other currencies that are — for the time being — seen as weaker. Think about it: if the market is dropping like crazy, the first instinct is to sell — and as the market shows, there’s been a helluva lot of selling lately. So you sell, and then what? You get cash in return, and it goes into your bank account. Or you put it into t T-bill. And you sit on it.

And that’s why the USD is “rallying” now. But that “rally” cannot sustain itself, Breeze. Especially as Obama continues to load more debt onto an already bankrupt currency.

And if you don’t know about the gold manipulation by the PPT, then check out GATA (http://www.gata.org/) and get an education. If the price of gold were subject to the free market, it would be much higher – closer to $1,500/oz, at least. But the price we see flicker across our screens every day on CNBC simply reflects the Comex futures price. Little, if any, physical gold is actually changing hands during these transactions, so the Comex market really is all about trading promises to buy and sell gold that is rarely, in fact, delivered, and it’s highly leveraged, to boot. This will continue until investors wake up to the fact that the dollar holds no more value than the printer it’s printed on. And then the race to actually get their hands on physical — and ALL real, non-paper assets — will begin.

The dollar will not collapse until that race begins.

I’m not a psychic, Breeze, so I can’t begin to tell you when that process will start unfolding. I suggest you monitor default swaps on the USD to get a better sense of the trend.

Rather than take the word of anyone on this board, I invite you to start educating yourself from other sources and finding out how very near we are to the brink. What you may find may scare you, but I assure you falling off the brink without preparation will be infinitely more frightening.

William Buckler has an EXCELLENT bi-weekly macroeconomic newsletter (“The Privateer”) that has been in publication for nearly 25 years now. it is by subscription only, but I would be more than happy to send the last few issues to you. GEAB (http://www.leap2020.eu/Everything-you-wanted-to-know-about-GEAB-_r28.html) is also an excellent resource (again, by subscription – education is not always free) that has accurately predicted the contours of this crisis.

Wherever you look, though, I think you’ll find it fairly clear to most outside this country where the U.S. is headed. Unfortunately, being prone to behave as ostriches, most Americans have talked themselves into believing the worst cannot possibly happen, and they are foolishly acting accordingly.

Now, that said: I am intrigued by your prediction of a deflationary spiral. And since I just won a bet with a friend today (last July, when the Dow was at 12,500, I bet him that it would be below 7,000 by 2010), I am encouraged to make another: I’ll wager you that by summer 2010 this country will be in the grips of an inflationary – not deflationary – spiral. And just to be fair, let’s say that the determination as to whether or not we are in such a spiral will be made based on what is detected and documented in the mainstream news – because if these chumps are able to pick up on it, then you can be quite sure that it will be as plain to all of us as the nose on your face. Are you in?

[partypup]

[quote=TheBreeze]Partypup,

Why do you think we are not going to have food and water? As I understand it, in the Great Depression, the market dropped 90%, but the stores still had food and water. Many people couldn’t afford it (thus the breadlines), but the stores never ran out.

So you basically think the dollar is going to lose all value and everyone will basically quit/get fired from their jobs? That is about the only way I can see the stores running out of food and water. Even if my income got cut 80%, I would still stay in the same job unless I could find another, better paying one.

How do you explain the strength in the dollar? Why hasn’t the dollar collapsed already? Surely everyone and their brother can see that the U.S. is going massively into debt and they should be sellers of the dollar. Why isn’t this happening now? How come gold isn’t at $2000 right now? How come gold isn’t at $5000?

It’s obvious you were right about the market dropping, but it’s a long way from there to when the basic necessities of life are hard to obtain.

I personally think we’re going to have a deflationary spiral, the dollar is going to hold it’s value, and, so long as I have a job, I will still be able to buy basic necessities.

Maybe you can help bridge the gap between where we are now and the implosion you are expecting. How do we get there from here?

[/quote]

Well, given the plethora of posts that Allan, Arraya, Aecetia and I have made over the past 18 months, I’m really surprised that you’re asking these questions.

First: when have I ever said that food and water would completely disappear from the face of the earth? I find that some of the ostrich-types on this board seem to take a statement — such as, “It would be a good idea to get major medical procedures taken care of while the insurance infrastructure is still intact “– and run with it and spin a response such as, “What do you mean? They’re aren’t going to be any more doctors or dentists after the meltdown?” Seriously. The gaps in logic boggle the mind.

Will everyone lose their job by the time we hit bottom? Dude, if I thought that were going to happen, and we would soon be living in a world thrown back into the Iron Age, do you REALLY think I would spend my few precious remaining years sitting behind a desk pushing paper? Come on, now.

But it doesn’t take everyone losing their jobs for the country or the planet to have a severe food crisis. I’m not making this up, Breeze. Just Google “2009” and “famine” and see what you find. Even your favorite bookmarked site “Daily Kos” has figured out what’s coming:

http://www.dailykos.com/story/2008/11/27/11143/168/114/667032

The planet is obviously not going to suddenly run out of food and water. But if we get to a point where even 25-30% of Americans lose their jobs, and consumer and capital spending respond accordingly, you’re looking at Dow 2,500. And that isn’t going to be bullish for the dollar or our economy, now is it? If global investors see the stalwart United States — which was supposed to be able to weather this storm better than ANY other country — succumb to that kind of scenario, then I can guarantee you the dollar will begin to collapse, and fairly quickly.

And it also means of just-in-time delivery system will simply fail, because a bankrupt nation can hardly afford to import goods — especially oil — that will be necessary to keep the delivery system humming. As I think has been noted on this board several times – and even in another thread currently running – grocery stores rarely have more than a three (3) day inventory of food. Interrupt that inventory for more than three (3) days — which is highly likely if we have a systemic collapse — and simple math tells you that we’re going to have problems.

The entire System requires many different parts to all function in harmony. Disrupt the harmony, and you’ve got chaos. Will this mean that you can’t get your hands on a bag of rice in the event of a collapse? Of course not. But you’ll be fighting with other hungry and impatient folks at Ralphs who want the same thing, and the rice is going to be a LOT more expensive. Do you like crowds, Breezy?

And the dollar “rally” we’re seeing now does not reflect confidence in a nation that is throwing trillions of dollars of unpayable debt onto its back; it simply reflects a complete and total fear of equities and other currencies that are — for the time being — seen as weaker. Think about it: if the market is dropping like crazy, the first instinct is to sell — and as the market shows, there’s been a helluva lot of selling lately. So you sell, and then what? You get cash in return, and it goes into your bank account. Or you put it into t T-bill. And you sit on it.

And that’s why the USD is “rallying” now. But that “rally” cannot sustain itself, Breeze. Especially as Obama continues to load more debt onto an already bankrupt currency.

And if you don’t know about the gold manipulation by the PPT, then check out GATA (http://www.gata.org/) and get an education. If the price of gold were subject to the free market, it would be much higher – closer to $1,500/oz, at least. But the price we see flicker across our screens every day on CNBC simply reflects the Comex futures price. Little, if any, physical gold is actually changing hands during these transactions, so the Comex market really is all about trading promises to buy and sell gold that is rarely, in fact, delivered, and it’s highly leveraged, to boot. This will continue until investors wake up to the fact that the dollar holds no more value than the printer it’s printed on. And then the race to actually get their hands on physical — and ALL real, non-paper assets — will begin.

The dollar will not collapse until that race begins.

I’m not a psychic, Breeze, so I can’t begin to tell you when that process will start unfolding. I suggest you monitor default swaps on the USD to get a better sense of the trend.

Rather than take the word of anyone on this board, I invite you to start educating yourself from other sources and finding out how very near we are to the brink. What you may find may scare you, but I assure you falling off the brink without preparation will be infinitely more frightening.

William Buckler has an EXCELLENT bi-weekly macroeconomic newsletter (“The Privateer”) that has been in publication for nearly 25 years now. it is by subscription only, but I would be more than happy to send the last few issues to you. GEAB (http://www.leap2020.eu/Everything-you-wanted-to-know-about-GEAB-_r28.html) is also an excellent resource (again, by subscription – education is not always free) that has accurately predicted the contours of this crisis.

Wherever you look, though, I think you’ll find it fairly clear to most outside this country where the U.S. is headed. Unfortunately, being prone to behave as ostriches, most Americans have talked themselves into believing the worst cannot possibly happen, and they are foolishly acting accordingly.

Now, that said: I am intrigued by your prediction of a deflationary spiral. And since I just won a bet with a friend today (last July, when the Dow was at 12,500, I bet him that it would be below 7,000 by 2010), I am encouraged to make another: I’ll wager you that by summer 2010 this country will be in the grips of an inflationary – not deflationary – spiral. And just to be fair, let’s say that the determination as to whether or not we are in such a spiral will be made based on what is detected and documented in the mainstream news – because if these chumps are able to pick up on it, then you can be quite sure that it will be as plain to all of us as the nose on your face. Are you in?

[partypup]

[quote=TheBreeze]Partypup,

Why do you think we are not going to have food and water? As I understand it, in the Great Depression, the market dropped 90%, but the stores still had food and water. Many people couldn’t afford it (thus the breadlines), but the stores never ran out.

So you basically think the dollar is going to lose all value and everyone will basically quit/get fired from their jobs? That is about the only way I can see the stores running out of food and water. Even if my income got cut 80%, I would still stay in the same job unless I could find another, better paying one.

How do you explain the strength in the dollar? Why hasn’t the dollar collapsed already? Surely everyone and their brother can see that the U.S. is going massively into debt and they should be sellers of the dollar. Why isn’t this happening now? How come gold isn’t at $2000 right now? How come gold isn’t at $5000?

It’s obvious you were right about the market dropping, but it’s a long way from there to when the basic necessities of life are hard to obtain.

I personally think we’re going to have a deflationary spiral, the dollar is going to hold it’s value, and, so long as I have a job, I will still be able to buy basic necessities.

Maybe you can help bridge the gap between where we are now and the implosion you are expecting. How do we get there from here?

[/quote]

Well, given the plethora of posts that Allan, Arraya, Aecetia and I have made over the past 18 months, I’m really surprised that you’re asking these questions.

First: when have I ever said that food and water would completely disappear from the face of the earth? I find that some of the ostrich-types on this board seem to take a statement — such as, “It would be a good idea to get major medical procedures taken care of while the insurance infrastructure is still intact “– and run with it and spin a response such as, “What do you mean? They’re aren’t going to be any more doctors or dentists after the meltdown?” Seriously. The gaps in logic boggle the mind.

Will everyone lose their job by the time we hit bottom? Dude, if I thought that were going to happen, and we would soon be living in a world thrown back into the Iron Age, do you REALLY think I would spend my few precious remaining years sitting behind a desk pushing paper? Come on, now.

But it doesn’t take everyone losing their jobs for the country or the planet to have a severe food crisis. I’m not making this up, Breeze. Just Google “2009” and “famine” and see what you find. Even your favorite bookmarked site “Daily Kos” has figured out what’s coming:

http://www.dailykos.com/story/2008/11/27/11143/168/114/667032

The planet is obviously not going to suddenly run out of food and water. But if we get to a point where even 25-30% of Americans lose their jobs, and consumer and capital spending respond accordingly, you’re looking at Dow 2,500. And that isn’t going to be bullish for the dollar or our economy, now is it? If global investors see the stalwart United States — which was supposed to be able to weather this storm better than ANY other country — succumb to that kind of scenario, then I can guarantee you the dollar will begin to collapse, and fairly quickly.

And it also means of just-in-time delivery system will simply fail, because a bankrupt nation can hardly afford to import goods — especially oil — that will be necessary to keep the delivery system humming. As I think has been noted on this board several times – and even in another thread currently running – grocery stores rarely have more than a three (3) day inventory of food. Interrupt that inventory for more than three (3) days — which is highly likely if we have a systemic collapse — and simple math tells you that we’re going to have problems.

The entire System requires many different parts to all function in harmony. Disrupt the harmony, and you’ve got chaos. Will this mean that you can’t get your hands on a bag of rice in the event of a collapse? Of course not. But you’ll be fighting with other hungry and impatient folks at Ralphs who want the same thing, and the rice is going to be a LOT more expensive. Do you like crowds, Breezy?

And the dollar “rally” we’re seeing now does not reflect confidence in a nation that is throwing trillions of dollars of unpayable debt onto its back; it simply reflects a complete and total fear of equities and other currencies that are — for the time being — seen as weaker. Think about it: if the market is dropping like crazy, the first instinct is to sell — and as the market shows, there’s been a helluva lot of selling lately. So you sell, and then what? You get cash in return, and it goes into your bank account. Or you put it into t T-bill. And you sit on it.

And that’s why the USD is “rallying” now. But that “rally” cannot sustain itself, Breeze. Especially as Obama continues to load more debt onto an already bankrupt currency.

And if you don’t know about the gold manipulation by the PPT, then check out GATA (http://www.gata.org/) and get an education. If the price of gold were subject to the free market, it would be much higher – closer to $1,500/oz, at least. But the price we see flicker across our screens every day on CNBC simply reflects the Comex futures price. Little, if any, physical gold is actually changing hands during these transactions, so the Comex market really is all about trading promises to buy and sell gold that is rarely, in fact, delivered, and it’s highly leveraged, to boot. This will continue until investors wake up to the fact that the dollar holds no more value than the printer it’s printed on. And then the race to actually get their hands on physical — and ALL real, non-paper assets — will begin.

The dollar will not collapse until that race begins.

I’m not a psychic, Breeze, so I can’t begin to tell you when that process will start unfolding. I suggest you monitor default swaps on the USD to get a better sense of the trend.

Rather than take the word of anyone on this board, I invite you to start educating yourself from other sources and finding out how very near we are to the brink. What you may find may scare you, but I assure you falling off the brink without preparation will be infinitely more frightening.

William Buckler has an EXCELLENT bi-weekly macroeconomic newsletter (“The Privateer”) that has been in publication for nearly 25 years now. it is by subscription only, but I would be more than happy to send the last few issues to you. GEAB (http://www.leap2020.eu/Everything-you-wanted-to-know-about-GEAB-_r28.html) is also an excellent resource (again, by subscription – education is not always free) that has accurately predicted the contours of this crisis.

Wherever you look, though, I think you’ll find it fairly clear to most outside this country where the U.S. is headed. Unfortunately, being prone to behave as ostriches, most Americans have talked themselves into believing the worst cannot possibly happen, and they are foolishly acting accordingly.

Now, that said: I am intrigued by your prediction of a deflationary spiral. And since I just won a bet with a friend today (last July, when the Dow was at 12,500, I bet him that it would be below 7,000 by 2010), I am encouraged to make another: I’ll wager you that by summer 2010 this country will be in the grips of an inflationary – not deflationary – spiral. And just to be fair, let’s say that the determination as to whether or not we are in such a spiral will be made based on what is detected and documented in the mainstream news – because if these chumps are able to pick up on it, then you can be quite sure that it will be as plain to all of us as the nose on your face. Are you in?

[partypup]

[quote=TheBreeze]Partypup,

Why do you think we are not going to have food and water? As I understand it, in the Great Depression, the market dropped 90%, but the stores still had food and water. Many people couldn’t afford it (thus the breadlines), but the stores never ran out.

So you basically think the dollar is going to lose all value and everyone will basically quit/get fired from their jobs? That is about the only way I can see the stores running out of food and water. Even if my income got cut 80%, I would still stay in the same job unless I could find another, better paying one.

How do you explain the strength in the dollar? Why hasn’t the dollar collapsed already? Surely everyone and their brother can see that the U.S. is going massively into debt and they should be sellers of the dollar. Why isn’t this happening now? How come gold isn’t at $2000 right now? How come gold isn’t at $5000?

It’s obvious you were right about the market dropping, but it’s a long way from there to when the basic necessities of life are hard to obtain.

I personally think we’re going to have a deflationary spiral, the dollar is going to hold it’s value, and, so long as I have a job, I will still be able to buy basic necessities.

Maybe you can help bridge the gap between where we are now and the implosion you are expecting. How do we get there from here?

[/quote]

Well, given the plethora of posts that Allan, Arraya, Aecetia and I have made over the past 18 months, I’m really surprised that you’re asking these questions.

First: when have I ever said that food and water would completely disappear from the face of the earth? I find that some of the ostrich-types on this board seem to take a statement — such as, “It would be a good idea to get major medical procedures taken care of while the insurance infrastructure is still intact “– and run with it and spin a response such as, “What do you mean? They’re aren’t going to be any more doctors or dentists after the meltdown?” Seriously. The gaps in logic boggle the mind.

Will everyone lose their job by the time we hit bottom? Dude, if I thought that were going to happen, and we would soon be living in a world thrown back into the Iron Age, do you REALLY think I would spend my few precious remaining years sitting behind a desk pushing paper? Come on, now.

But it doesn’t take everyone losing their jobs for the country or the planet to have a severe food crisis. I’m not making this up, Breeze. Just Google “2009” and “famine” and see what you find. Even your favorite bookmarked site “Daily Kos” has figured out what’s coming:

http://www.dailykos.com/story/2008/11/27/11143/168/114/667032

The planet is obviously not going to suddenly run out of food and water. But if we get to a point where even 25-30% of Americans lose their jobs, and consumer and capital spending respond accordingly, you’re looking at Dow 2,500. And that isn’t going to be bullish for the dollar or our economy, now is it? If global investors see the stalwart United States — which was supposed to be able to weather this storm better than ANY other country — succumb to that kind of scenario, then I can guarantee you the dollar will begin to collapse, and fairly quickly.

And it also means of just-in-time delivery system will simply fail, because a bankrupt nation can hardly afford to import goods — especially oil — that will be necessary to keep the delivery system humming. As I think has been noted on this board several times – and even in another thread currently running – grocery stores rarely have more than a three (3) day inventory of food. Interrupt that inventory for more than three (3) days — which is highly likely if we have a systemic collapse — and simple math tells you that we’re going to have problems.

The entire System requires many different parts to all function in harmony. Disrupt the harmony, and you’ve got chaos. Will this mean that you can’t get your hands on a bag of rice in the event of a collapse? Of course not. But you’ll be fighting with other hungry and impatient folks at Ralphs who want the same thing, and the rice is going to be a LOT more expensive. Do you like crowds, Breezy?

And the dollar “rally” we’re seeing now does not reflect confidence in a nation that is throwing trillions of dollars of unpayable debt onto its back; it simply reflects a complete and total fear of equities and other currencies that are — for the time being — seen as weaker. Think about it: if the market is dropping like crazy, the first instinct is to sell — and as the market shows, there’s been a helluva lot of selling lately. So you sell, and then what? You get cash in return, and it goes into your bank account. Or you put it into t T-bill. And you sit on it.

And that’s why the USD is “rallying” now. But that “rally” cannot sustain itself, Breeze. Especially as Obama continues to load more debt onto an already bankrupt currency.

And if you don’t know about the gold manipulation by the PPT, then check out GATA (http://www.gata.org/) and get an education. If the price of gold were subject to the free market, it would be much higher – closer to $1,500/oz, at least. But the price we see flicker across our screens every day on CNBC simply reflects the Comex futures price. Little, if any, physical gold is actually changing hands during these transactions, so the Comex market really is all about trading promises to buy and sell gold that is rarely, in fact, delivered, and it’s highly leveraged, to boot. This will continue until investors wake up to the fact that the dollar holds no more value than the printer it’s printed on. And then the race to actually get their hands on physical — and ALL real, non-paper assets — will begin.

The dollar will not collapse until that race begins.

I’m not a psychic, Breeze, so I can’t begin to tell you when that process will start unfolding. I suggest you monitor default swaps on the USD to get a better sense of the trend.

Rather than take the word of anyone on this board, I invite you to start educating yourself from other sources and finding out how very near we are to the brink. What you may find may scare you, but I assure you falling off the brink without preparation will be infinitely more frightening.

William Buckler has an EXCELLENT bi-weekly macroeconomic newsletter (“The Privateer”) that has been in publication for nearly 25 years now. it is by subscription only, but I would be more than happy to send the last few issues to you. GEAB (http://www.leap2020.eu/Everything-you-wanted-to-know-about-GEAB-_r28.html) is also an excellent resource (again, by subscription – education is not always free) that has accurately predicted the contours of this crisis.

Wherever you look, though, I think you’ll find it fairly clear to most outside this country where the U.S. is headed. Unfortunately, being prone to behave as ostriches, most Americans have talked themselves into believing the worst cannot possibly happen, and they are foolishly acting accordingly.

Now, that said: I am intrigued by your prediction of a deflationary spiral. And since I just won a bet with a friend today (last July, when the Dow was at 12,500, I bet him that it would be below 7,000 by 2010), I am encouraged to make another: I’ll wager you that by summer 2010 this country will be in the grips of an inflationary – not deflationary – spiral. And just to be fair, let’s say that the determination as to whether or not we are in such a spiral will be made based on what is detected and documented in the mainstream news – because if these chumps are able to pick up on it, then you can be quite sure that it will be as plain to all of us as the nose on your face. Are you in?

[partypup]

[quote=TheBreeze]Partypup,

Why do you think we are not going to have food and water? As I understand it, in the Great Depression, the market dropped 90%, but the stores still had food and water. Many people couldn’t afford it (thus the breadlines), but the stores never ran out.

So you basically think the dollar is going to lose all value and everyone will basically quit/get fired from their jobs? That is about the only way I can see the stores running out of food and water. Even if my income got cut 80%, I would still stay in the same job unless I could find another, better paying one.

How do you explain the strength in the dollar? Why hasn’t the dollar collapsed already? Surely everyone and their brother can see that the U.S. is going massively into debt and they should be sellers of the dollar. Why isn’t this happening now? How come gold isn’t at $2000 right now? How come gold isn’t at $5000?

It’s obvious you were right about the market dropping, but it’s a long way from there to when the basic necessities of life are hard to obtain.

I personally think we’re going to have a deflationary spiral, the dollar is going to hold it’s value, and, so long as I have a job, I will still be able to buy basic necessities.

Maybe you can help bridge the gap between where we are now and the implosion you are expecting. How do we get there from here?

[/quote]

Well, given the plethora of posts that Allan, Arraya, Aecetia and I have made over the past 18 months, I’m really surprised that you’re asking these questions.

First: when have I ever said that food and water would completely disappear from the face of the earth? I find that some of the ostrich-types on this board seem to take a statement — such as, “It would be a good idea to get major medical procedures taken care of while the insurance infrastructure is still intact “– and run with it and spin a response such as, “What do you mean? They’re aren’t going to be any more doctors or dentists after the meltdown?” Seriously. The gaps in logic boggle the mind.

Will everyone lose their job by the time we hit bottom? Dude, if I thought that were going to happen, and we would soon be living in a world thrown back into the Iron Age, do you REALLY think I would spend my few precious remaining years sitting behind a desk pushing paper? Come on, now.

But it doesn’t take everyone losing their jobs for the country or the planet to have a severe food crisis. I’m not making this up, Breeze. Just Google “2009” and “famine” and see what you find. Even your favorite bookmarked site “Daily Kos” has figured out what’s coming:

http://www.dailykos.com/story/2008/11/27/11143/168/114/667032

The planet is obviously not going to suddenly run out of food and water. But if we get to a point where even 25-30% of Americans lose their jobs, and consumer and capital spending respond accordingly, you’re looking at Dow 2,500. And that isn’t going to be bullish for the dollar or our economy, now is it? If global investors see the stalwart United States — which was supposed to be able to weather this storm better than ANY other country — succumb to that kind of scenario, then I can guarantee you the dollar will begin to collapse, and fairly quickly.

And it also means of just-in-time delivery system will simply fail, because a bankrupt nation can hardly afford to import goods — especially oil — that will be necessary to keep the delivery system humming. As I think has been noted on this board several times – and even in another thread currently running – grocery stores rarely have more than a three (3) day inventory of food. Interrupt that inventory for more than three (3) days — which is highly likely if we have a systemic collapse — and simple math tells you that we’re going to have problems.

The entire System requires many different parts to all function in harmony. Disrupt the harmony, and you’ve got chaos. Will this mean that you can’t get your hands on a bag of rice in the event of a collapse? Of course not. But you’ll be fighting with other hungry and impatient folks at Ralphs who want the same thing, and the rice is going to be a LOT more expensive. Do you like crowds, Breezy?

And the dollar “rally” we’re seeing now does not reflect confidence in a nation that is throwing trillions of dollars of unpayable debt onto its back; it simply reflects a complete and total fear of equities and other currencies that are — for the time being — seen as weaker. Think about it: if the market is dropping like crazy, the first instinct is to sell — and as the market shows, there’s been a helluva lot of selling lately. So you sell, and then what? You get cash in return, and it goes into your bank account. Or you put it into t T-bill. And you sit on it.

And that’s why the USD is “rallying” now. But that “rally” cannot sustain itself, Breeze. Especially as Obama continues to load more debt onto an already bankrupt currency.

And if you don’t know about the gold manipulation by the PPT, then check out GATA (http://www.gata.org/) and get an education. If the price of gold were subject to the free market, it would be much higher – closer to $1,500/oz, at least. But the price we see flicker across our screens every day on CNBC simply reflects the Comex futures price. Little, if any, physical gold is actually changing hands during these transactions, so the Comex market really is all about trading promises to buy and sell gold that is rarely, in fact, delivered, and it’s highly leveraged, to boot. This will continue until investors wake up to the fact that the dollar holds no more value than the printer it’s printed on. And then the race to actually get their hands on physical — and ALL real, non-paper assets — will begin.

The dollar will not collapse until that race begins.

I’m not a psychic, Breeze, so I can’t begin to tell you when that process will start unfolding. I suggest you monitor default swaps on the USD to get a better sense of the trend.

Rather than take the word of anyone on this board, I invite you to start educating yourself from other sources and finding out how very near we are to the brink. What you may find may scare you, but I assure you falling off the brink without preparation will be infinitely more frightening.

William Buckler has an EXCELLENT bi-weekly macroeconomic newsletter (“The Privateer”) that has been in publication for nearly 25 years now. it is by subscription only, but I would be more than happy to send the last few issues to you. GEAB (http://www.leap2020.eu/Everything-you-wanted-to-know-about-GEAB-_r28.html) is also an excellent resource (again, by subscription – education is not always free) that has accurately predicted the contours of this crisis.

Wherever you look, though, I think you’ll find it fairly clear to most outside this country where the U.S. is headed. Unfortunately, being prone to behave as ostriches, most Americans have talked themselves into believing the worst cannot possibly happen, and they are foolishly acting accordingly.

Now, that said: I am intrigued by your prediction of a deflationary spiral. And since I just won a bet with a friend today (last July, when the Dow was at 12,500, I bet him that it would be below 7,000 by 2010), I am encouraged to make another: I’ll wager you that by summer 2010 this country will be in the grips of an inflationary – not deflationary – spiral. And just to be fair, let’s say that the determination as to whether or not we are in such a spiral will be made based on what is detected and documented in the mainstream news – because if these chumps are able to pick up on it, then you can be quite sure that it will be as plain to all of us as the nose on your face. Are you in?

[partypup]

[quote=TheBreeze][quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[/quote]

Are you serious? I really wonder whether you have been paying more attention to Obama than to the the economy over the past 18 months.

We didn’t crash to Dow 6,800 over night, did we? We didn’t go from 50,000 monthly job losses to 600,000 job losses overnight, did we? We didn’t go from a “strong economy” to an economy in “crisis” overnight, did we? Breeze, none of this is going to happen instantaneously over a weekend. This isn’t a TV show; it’s real life. It sounds as if you are expecting the Marvel comics version of systemic collapse. LOL.

As I detailed in my other post, there will be sign posts and indicia of a systemic collapse. The collapse is, in fact, already beginning — if you hadn’t noticed — and it is intensifying. As it builds, life for most of us moves forward in a more or less, quasi-comfortable state. we notice small changes, but nothing truly major. But that will change — not in a week, Breeze — but over weeks and months. Winter will “feel” different and not as “harsh” as spring will. And summer will be hell.

Now, you ask how I expect to accomplish the miracle of not being stranded outside when the collapse intensifies to the point that travel is dislocated?

Well, I only travel outside of the U.S. once every few years, Breeze. Just went to Paris, so I think I’m good for a while. And I vacation twice a year a year. And I assure you that if and when the indicia of collapse begin to intensify to the point that I think travel is even remotely jeopardized, I’m staying my a** at home. I’m not even leaving the state. You might be courageous enough to chance a trip to Mazatlan if the Dow is hanging at 55 on the USD index and we’re hitting 1 million job losses a month, but I wouldn’t go anywhere near the airport.

So when a severe disruption occurs, I will likely be in state. I’ve got enough food and water for a week in my car (Jetta and handles it quite nicely), plus loads of emergency equipment and a weapon or two.

So yeah. I think I can handle it.

BTW, when you wrote this post did you think I was relocating out of the country or what? Because I just don’t get why you think the average person spends so much of their time abroad that their chances of being stranded in the event of a collapse are even worth considering…

[partypup]

[quote=TheBreeze][quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[/quote]

Are you serious? I really wonder whether you have been paying more attention to Obama than to the the economy over the past 18 months.

We didn’t crash to Dow 6,800 over night, did we? We didn’t go from 50,000 monthly job losses to 600,000 job losses overnight, did we? We didn’t go from a “strong economy” to an economy in “crisis” overnight, did we? Breeze, none of this is going to happen instantaneously over a weekend. This isn’t a TV show; it’s real life. It sounds as if you are expecting the Marvel comics version of systemic collapse. LOL.

As I detailed in my other post, there will be sign posts and indicia of a systemic collapse. The collapse is, in fact, already beginning — if you hadn’t noticed — and it is intensifying. As it builds, life for most of us moves forward in a more or less, quasi-comfortable state. we notice small changes, but nothing truly major. But that will change — not in a week, Breeze — but over weeks and months. Winter will “feel” different and not as “harsh” as spring will. And summer will be hell.

Now, you ask how I expect to accomplish the miracle of not being stranded outside when the collapse intensifies to the point that travel is dislocated?

Well, I only travel outside of the U.S. once every few years, Breeze. Just went to Paris, so I think I’m good for a while. And I vacation twice a year a year. And I assure you that if and when the indicia of collapse begin to intensify to the point that I think travel is even remotely jeopardized, I’m staying my a** at home. I’m not even leaving the state. You might be courageous enough to chance a trip to Mazatlan if the Dow is hanging at 55 on the USD index and we’re hitting 1 million job losses a month, but I wouldn’t go anywhere near the airport.

So when a severe disruption occurs, I will likely be in state. I’ve got enough food and water for a week in my car (Jetta and handles it quite nicely), plus loads of emergency equipment and a weapon or two.

So yeah. I think I can handle it.

BTW, when you wrote this post did you think I was relocating out of the country or what? Because I just don’t get why you think the average person spends so much of their time abroad that their chances of being stranded in the event of a collapse are even worth considering…

[partypup]

[quote=TheBreeze][quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[/quote]

Are you serious? I really wonder whether you have been paying more attention to Obama than to the the economy over the past 18 months.

We didn’t crash to Dow 6,800 over night, did we? We didn’t go from 50,000 monthly job losses to 600,000 job losses overnight, did we? We didn’t go from a “strong economy” to an economy in “crisis” overnight, did we? Breeze, none of this is going to happen instantaneously over a weekend. This isn’t a TV show; it’s real life. It sounds as if you are expecting the Marvel comics version of systemic collapse. LOL.

As I detailed in my other post, there will be sign posts and indicia of a systemic collapse. The collapse is, in fact, already beginning — if you hadn’t noticed — and it is intensifying. As it builds, life for most of us moves forward in a more or less, quasi-comfortable state. we notice small changes, but nothing truly major. But that will change — not in a week, Breeze — but over weeks and months. Winter will “feel” different and not as “harsh” as spring will. And summer will be hell.

Now, you ask how I expect to accomplish the miracle of not being stranded outside when the collapse intensifies to the point that travel is dislocated?

Well, I only travel outside of the U.S. once every few years, Breeze. Just went to Paris, so I think I’m good for a while. And I vacation twice a year a year. And I assure you that if and when the indicia of collapse begin to intensify to the point that I think travel is even remotely jeopardized, I’m staying my a** at home. I’m not even leaving the state. You might be courageous enough to chance a trip to Mazatlan if the Dow is hanging at 55 on the USD index and we’re hitting 1 million job losses a month, but I wouldn’t go anywhere near the airport.

So when a severe disruption occurs, I will likely be in state. I’ve got enough food and water for a week in my car (Jetta and handles it quite nicely), plus loads of emergency equipment and a weapon or two.

So yeah. I think I can handle it.

BTW, when you wrote this post did you think I was relocating out of the country or what? Because I just don’t get why you think the average person spends so much of their time abroad that their chances of being stranded in the event of a collapse are even worth considering…

[partypup]

[quote=TheBreeze][quote=partypup]

Now YOU’RE the one worrying too much, Breeze! Are you expecting a nuclear holocaust or an eruption from a supervolcano? Because short of that, I just don’t see how I wouldn’t be able to return home from any trip I take.
[/quote]

You’ve said in previous posts that the “trucks are going to stop running.” So when armageddon hits, the trucks are going to stop running but air travel will be unaffected? Why would that be?

[quote=partypup]
I could see some brief disruption that would require me to stay put for a few days, or a sudden hike in air fare, but that’s about it.
[/quote]

You know you can only live a few days without water right? Are you sure you’ll be able to get back to your water supply and your ham radio in time to survive?

[quote=partypup]
And since I have enough money in various places, neither of those two scenarios concern me much.
[/quote]

Are you talking about fiat money? I thought all fiat money was going to collapse and be worth nothing.

[quote=partypup]
Why don’t you spin a few of your Armageddon scenarios for me that you leave me stranded outside out of the U.S. permanently?
[/quote]

You only need to be stranded for a short while without your water supplies to end up dead. Surely you don’t expect the trucks to stop running and water to run out only in the states?

[/quote]

Are you serious? I really wonder whether you have been paying more attention to Obama than to the the economy over the past 18 months.

We didn’t crash to Dow 6,800 over night, did we? We didn’t go from 50,000 monthly job losses to 600,000 job losses overnight, did we? We didn’t go from a “strong economy” to an economy in “crisis” overnight, did we? Breeze, none of this is going to happen instantaneously over a weekend. This isn’t a TV show; it’s real life. It sounds as if you are expecting the Marvel comics version of systemic collapse. LOL.

As I detailed in my other post, there will be sign posts and indicia of a systemic collapse. The collapse is, in fact, already beginning — if you hadn’t noticed — and it is intensifying. As it builds, life for most of us moves forward in a more or less, quasi-comfortable state. we notice small changes, but nothing truly major. But that will change — not in a week, Breeze — but over weeks and months. Winter will “feel” different and not as “harsh” as spring will. And summer will be hell.

Now, you ask how I expect to accomplish the miracle of not being stranded outside when the collapse intensifies to the point that travel is dislocated?

Well, I only travel outside of the U.S. once every few years, Breeze. Just went to Paris, so I think I’m good for a while. And I vacation twice a year a year. And I assure you that if and when the indicia of collapse begin to intensify to the point that I think travel is even remotely jeopardized, I’m staying my a** at home. I’m not even leaving the state. You might be courageous enough to chance a trip to Mazatlan if the Dow is hanging at 55 on the USD index and we’re hitting 1 million job losses a month, but I wouldn’t go anywhere near the airport.

So when a severe disruption occurs, I will likely be in state. I’ve got enough food and water for a week in my car (Jetta and handles it quite nicely), plus loads of emergency equipment and a weapon or two.

So yeah. I think I can handle it.

BTW, when you wrote this post did you think I was relocating out of the country or what? Because I just don’t get why you think the average person spends so much of their time abroad that their chances of being stranded in the event of a collapse are even worth considering…

[Author]

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