[nostradamus]

[quote=fat_lazy_union_worker]
In the short term/middle term, the world economy is too intertwined with U.S. consumers to severe ties with USD or the US economy right now. What the US brings to the table is a pool of consumers that often spend $2 for every $1 they have, and there is no other pool of consumers in the rest of the world that can substitute that in the short term. [/quote]Funny I was listening to NPR and you’re right: they will never find a consumer group as big as ours that spends more than it earns; however, they said Americans spend $1.27 for every dollar earned while Brits spend $1.65 for every dollar earned… It will be interesting to see how things pan out in England.

[nostradamus]

[quote=fat_lazy_union_worker]
In the short term/middle term, the world economy is too intertwined with U.S. consumers to severe ties with USD or the US economy right now. What the US brings to the table is a pool of consumers that often spend $2 for every $1 they have, and there is no other pool of consumers in the rest of the world that can substitute that in the short term. [/quote]Funny I was listening to NPR and you’re right: they will never find a consumer group as big as ours that spends more than it earns; however, they said Americans spend $1.27 for every dollar earned while Brits spend $1.65 for every dollar earned… It will be interesting to see how things pan out in England.

[nostradamus]

[quote=fat_lazy_union_worker]
In the short term/middle term, the world economy is too intertwined with U.S. consumers to severe ties with USD or the US economy right now. What the US brings to the table is a pool of consumers that often spend $2 for every $1 they have, and there is no other pool of consumers in the rest of the world that can substitute that in the short term. [/quote]Funny I was listening to NPR and you’re right: they will never find a consumer group as big as ours that spends more than it earns; however, they said Americans spend $1.27 for every dollar earned while Brits spend $1.65 for every dollar earned… It will be interesting to see how things pan out in England.

[nostradamus]

[quote=arraya]Well, jeez, Nos. You assertion the partypup is advocating panic is ridiculous. If you feel that way from reading this thread maybe you should re-examine your own life. This is the old “I’m not going to live in fear” thing I hear so frequently.

Like… um… wouldn’t the only reason to actually “live in fear” be if there were something in our lives that was ongoingly frightening and threatening?[/quote]No offense, but have you been drinking this evening? I didn’t say anything about living in fear, but you had a whole conversation with yourself about it.
[quote=arraya]This is like watching a slow moving ever morphing category 5 hurricane making landfall that nobody but a few people are watching. Constant updates and honest discussion are needed.

Maybe you are well prepared and that’s great but many people are not. So if you really feel this thread is detrimental to you mental health which you have alluded, go back to your de-sensitized bubble and pretend everything will blow over.
[/quote]Like… uhm… did I mention or even allude detrimental to mental health? Again it’s the wine talking I think.

[quote=arraya]However, when we begin to look closely at the situation in it’s totality, it becomes very clear, very quickly, that de-sensitizing and wishin’ and hopin’ are about to go the way of the Yangtze River Dolphin in terms of effective life strategies. Which is where most Americans dwell.[/quote]
I’m sure in 2004 there were many REAs who could convince people that they had better be prepared to “act now or be priced out forever”. Look where that got us.

I’m not saying you shouldn’t have healthy discussions but I do find these threads to be quite alarmist and many times wrong. I can say “something really really bad is going to happen tomorrow…” and then the day after tomorrow add “…in Somalia”. What’s going to happen with the economy is anyone’s guess. I have “insiders” as well but wouldn’t etch their words in stone.

If you’re alarmed, scared, or anything more than entertained about what you’re reading on a blog, you are the one who needs to re-assess your life.
[quote=arraya]I’m embarrassed to have to write this… if there’s something ongoingly frightening and threatening in our lives, don’t we actually want to know about it, discuss it and maybe, the gods forbid, respond? Isn’t that what fear is for? And this thread for that matter.
[/quote]I too would be embarrassed if I wrote that. Uh-oh, something scary is threatening me… better run to the BLOG for help!

Anyway, I’m not trying to derail the panic train so go on with it if you like. Sell your stocks, liquidate your assets, buy into gold, hurry hurry hurry.

[nostradamus]

[quote=arraya]Well, jeez, Nos. You assertion the partypup is advocating panic is ridiculous. If you feel that way from reading this thread maybe you should re-examine your own life. This is the old “I’m not going to live in fear” thing I hear so frequently.

Like… um… wouldn’t the only reason to actually “live in fear” be if there were something in our lives that was ongoingly frightening and threatening?[/quote]No offense, but have you been drinking this evening? I didn’t say anything about living in fear, but you had a whole conversation with yourself about it.
[quote=arraya]This is like watching a slow moving ever morphing category 5 hurricane making landfall that nobody but a few people are watching. Constant updates and honest discussion are needed.

Maybe you are well prepared and that’s great but many people are not. So if you really feel this thread is detrimental to you mental health which you have alluded, go back to your de-sensitized bubble and pretend everything will blow over.
[/quote]Like… uhm… did I mention or even allude detrimental to mental health? Again it’s the wine talking I think.

[quote=arraya]However, when we begin to look closely at the situation in it’s totality, it becomes very clear, very quickly, that de-sensitizing and wishin’ and hopin’ are about to go the way of the Yangtze River Dolphin in terms of effective life strategies. Which is where most Americans dwell.[/quote]
I’m sure in 2004 there were many REAs who could convince people that they had better be prepared to “act now or be priced out forever”. Look where that got us.

I’m not saying you shouldn’t have healthy discussions but I do find these threads to be quite alarmist and many times wrong. I can say “something really really bad is going to happen tomorrow…” and then the day after tomorrow add “…in Somalia”. What’s going to happen with the economy is anyone’s guess. I have “insiders” as well but wouldn’t etch their words in stone.

If you’re alarmed, scared, or anything more than entertained about what you’re reading on a blog, you are the one who needs to re-assess your life.
[quote=arraya]I’m embarrassed to have to write this… if there’s something ongoingly frightening and threatening in our lives, don’t we actually want to know about it, discuss it and maybe, the gods forbid, respond? Isn’t that what fear is for? And this thread for that matter.
[/quote]I too would be embarrassed if I wrote that. Uh-oh, something scary is threatening me… better run to the BLOG for help!

Anyway, I’m not trying to derail the panic train so go on with it if you like. Sell your stocks, liquidate your assets, buy into gold, hurry hurry hurry.

[nostradamus]

[quote=arraya]Well, jeez, Nos. You assertion the partypup is advocating panic is ridiculous. If you feel that way from reading this thread maybe you should re-examine your own life. This is the old “I’m not going to live in fear” thing I hear so frequently.

Like… um… wouldn’t the only reason to actually “live in fear” be if there were something in our lives that was ongoingly frightening and threatening?[/quote]No offense, but have you been drinking this evening? I didn’t say anything about living in fear, but you had a whole conversation with yourself about it.
[quote=arraya]This is like watching a slow moving ever morphing category 5 hurricane making landfall that nobody but a few people are watching. Constant updates and honest discussion are needed.

Maybe you are well prepared and that’s great but many people are not. So if you really feel this thread is detrimental to you mental health which you have alluded, go back to your de-sensitized bubble and pretend everything will blow over.
[/quote]Like… uhm… did I mention or even allude detrimental to mental health? Again it’s the wine talking I think.

[quote=arraya]However, when we begin to look closely at the situation in it’s totality, it becomes very clear, very quickly, that de-sensitizing and wishin’ and hopin’ are about to go the way of the Yangtze River Dolphin in terms of effective life strategies. Which is where most Americans dwell.[/quote]
I’m sure in 2004 there were many REAs who could convince people that they had better be prepared to “act now or be priced out forever”. Look where that got us.

I’m not saying you shouldn’t have healthy discussions but I do find these threads to be quite alarmist and many times wrong. I can say “something really really bad is going to happen tomorrow…” and then the day after tomorrow add “…in Somalia”. What’s going to happen with the economy is anyone’s guess. I have “insiders” as well but wouldn’t etch their words in stone.

If you’re alarmed, scared, or anything more than entertained about what you’re reading on a blog, you are the one who needs to re-assess your life.
[quote=arraya]I’m embarrassed to have to write this… if there’s something ongoingly frightening and threatening in our lives, don’t we actually want to know about it, discuss it and maybe, the gods forbid, respond? Isn’t that what fear is for? And this thread for that matter.
[/quote]I too would be embarrassed if I wrote that. Uh-oh, something scary is threatening me… better run to the BLOG for help!

Anyway, I’m not trying to derail the panic train so go on with it if you like. Sell your stocks, liquidate your assets, buy into gold, hurry hurry hurry.

[nostradamus]

[quote=arraya]Well, jeez, Nos. You assertion the partypup is advocating panic is ridiculous. If you feel that way from reading this thread maybe you should re-examine your own life. This is the old “I’m not going to live in fear” thing I hear so frequently.

Like… um… wouldn’t the only reason to actually “live in fear” be if there were something in our lives that was ongoingly frightening and threatening?[/quote]No offense, but have you been drinking this evening? I didn’t say anything about living in fear, but you had a whole conversation with yourself about it.
[quote=arraya]This is like watching a slow moving ever morphing category 5 hurricane making landfall that nobody but a few people are watching. Constant updates and honest discussion are needed.

Maybe you are well prepared and that’s great but many people are not. So if you really feel this thread is detrimental to you mental health which you have alluded, go back to your de-sensitized bubble and pretend everything will blow over.
[/quote]Like… uhm… did I mention or even allude detrimental to mental health? Again it’s the wine talking I think.

[quote=arraya]However, when we begin to look closely at the situation in it’s totality, it becomes very clear, very quickly, that de-sensitizing and wishin’ and hopin’ are about to go the way of the Yangtze River Dolphin in terms of effective life strategies. Which is where most Americans dwell.[/quote]
I’m sure in 2004 there were many REAs who could convince people that they had better be prepared to “act now or be priced out forever”. Look where that got us.

I’m not saying you shouldn’t have healthy discussions but I do find these threads to be quite alarmist and many times wrong. I can say “something really really bad is going to happen tomorrow…” and then the day after tomorrow add “…in Somalia”. What’s going to happen with the economy is anyone’s guess. I have “insiders” as well but wouldn’t etch their words in stone.

If you’re alarmed, scared, or anything more than entertained about what you’re reading on a blog, you are the one who needs to re-assess your life.
[quote=arraya]I’m embarrassed to have to write this… if there’s something ongoingly frightening and threatening in our lives, don’t we actually want to know about it, discuss it and maybe, the gods forbid, respond? Isn’t that what fear is for? And this thread for that matter.
[/quote]I too would be embarrassed if I wrote that. Uh-oh, something scary is threatening me… better run to the BLOG for help!

Anyway, I’m not trying to derail the panic train so go on with it if you like. Sell your stocks, liquidate your assets, buy into gold, hurry hurry hurry.

[nostradamus]

[quote=arraya]Well, jeez, Nos. You assertion the partypup is advocating panic is ridiculous. If you feel that way from reading this thread maybe you should re-examine your own life. This is the old “I’m not going to live in fear” thing I hear so frequently.

Like… um… wouldn’t the only reason to actually “live in fear” be if there were something in our lives that was ongoingly frightening and threatening?[/quote]No offense, but have you been drinking this evening? I didn’t say anything about living in fear, but you had a whole conversation with yourself about it.
[quote=arraya]This is like watching a slow moving ever morphing category 5 hurricane making landfall that nobody but a few people are watching. Constant updates and honest discussion are needed.

Maybe you are well prepared and that’s great but many people are not. So if you really feel this thread is detrimental to you mental health which you have alluded, go back to your de-sensitized bubble and pretend everything will blow over.
[/quote]Like… uhm… did I mention or even allude detrimental to mental health? Again it’s the wine talking I think.

[quote=arraya]However, when we begin to look closely at the situation in it’s totality, it becomes very clear, very quickly, that de-sensitizing and wishin’ and hopin’ are about to go the way of the Yangtze River Dolphin in terms of effective life strategies. Which is where most Americans dwell.[/quote]
I’m sure in 2004 there were many REAs who could convince people that they had better be prepared to “act now or be priced out forever”. Look where that got us.

I’m not saying you shouldn’t have healthy discussions but I do find these threads to be quite alarmist and many times wrong. I can say “something really really bad is going to happen tomorrow…” and then the day after tomorrow add “…in Somalia”. What’s going to happen with the economy is anyone’s guess. I have “insiders” as well but wouldn’t etch their words in stone.

If you’re alarmed, scared, or anything more than entertained about what you’re reading on a blog, you are the one who needs to re-assess your life.
[quote=arraya]I’m embarrassed to have to write this… if there’s something ongoingly frightening and threatening in our lives, don’t we actually want to know about it, discuss it and maybe, the gods forbid, respond? Isn’t that what fear is for? And this thread for that matter.
[/quote]I too would be embarrassed if I wrote that. Uh-oh, something scary is threatening me… better run to the BLOG for help!

Anyway, I’m not trying to derail the panic train so go on with it if you like. Sell your stocks, liquidate your assets, buy into gold, hurry hurry hurry.

[nostradamus]

[quote=partypup]Make no mistake: this thing isn’t coming at us all at once; like a tsunami, it is coming in waves. The question is, when the next wave hits will you be de-sensitized?
[/quote]I think being de-sensitized is not so bad once you’ve prepared yourself. Being hyper-sensitized and in a state of panic is what does the real damage.
[quote=partypup]Or will you take notice and act accordingly and prepare yourself?[/quote]I’m prepared. I have a fishing pole, a water purifier, a book on edible plants, and a peace maker. Everything else is extra. I’ll trade with you but not for paper or pretty metal… ;)[quote=partypup]The old adage goes, “Put a frog in boiling water, and he’ll jump out to save his life.
[/quote]Out of the frying pan, into the fire.[quote=partypup]Don’t be the frog who gets used to the heat, my friend.[/quote]And remember, panic kills. Nothing to do with banking will kill me and I don’t need it to live. I’ve experimented with living off the land and it works so bring it, yee-haw!

All the things that got me ahead of the curve are inside my head, not inside my bank account. If we all start from ground zero I’ll end up ahead again.

[nostradamus]

[quote=partypup]Make no mistake: this thing isn’t coming at us all at once; like a tsunami, it is coming in waves. The question is, when the next wave hits will you be de-sensitized?
[/quote]I think being de-sensitized is not so bad once you’ve prepared yourself. Being hyper-sensitized and in a state of panic is what does the real damage.
[quote=partypup]Or will you take notice and act accordingly and prepare yourself?[/quote]I’m prepared. I have a fishing pole, a water purifier, a book on edible plants, and a peace maker. Everything else is extra. I’ll trade with you but not for paper or pretty metal… ;)[quote=partypup]The old adage goes, “Put a frog in boiling water, and he’ll jump out to save his life.
[/quote]Out of the frying pan, into the fire.[quote=partypup]Don’t be the frog who gets used to the heat, my friend.[/quote]And remember, panic kills. Nothing to do with banking will kill me and I don’t need it to live. I’ve experimented with living off the land and it works so bring it, yee-haw!

All the things that got me ahead of the curve are inside my head, not inside my bank account. If we all start from ground zero I’ll end up ahead again.

[nostradamus]

[quote=partypup]Make no mistake: this thing isn’t coming at us all at once; like a tsunami, it is coming in waves. The question is, when the next wave hits will you be de-sensitized?
[/quote]I think being de-sensitized is not so bad once you’ve prepared yourself. Being hyper-sensitized and in a state of panic is what does the real damage.
[quote=partypup]Or will you take notice and act accordingly and prepare yourself?[/quote]I’m prepared. I have a fishing pole, a water purifier, a book on edible plants, and a peace maker. Everything else is extra. I’ll trade with you but not for paper or pretty metal… ;)[quote=partypup]The old adage goes, “Put a frog in boiling water, and he’ll jump out to save his life.
[/quote]Out of the frying pan, into the fire.[quote=partypup]Don’t be the frog who gets used to the heat, my friend.[/quote]And remember, panic kills. Nothing to do with banking will kill me and I don’t need it to live. I’ve experimented with living off the land and it works so bring it, yee-haw!

All the things that got me ahead of the curve are inside my head, not inside my bank account. If we all start from ground zero I’ll end up ahead again.

[nostradamus]

[quote=partypup]Make no mistake: this thing isn’t coming at us all at once; like a tsunami, it is coming in waves. The question is, when the next wave hits will you be de-sensitized?
[/quote]I think being de-sensitized is not so bad once you’ve prepared yourself. Being hyper-sensitized and in a state of panic is what does the real damage.
[quote=partypup]Or will you take notice and act accordingly and prepare yourself?[/quote]I’m prepared. I have a fishing pole, a water purifier, a book on edible plants, and a peace maker. Everything else is extra. I’ll trade with you but not for paper or pretty metal… ;)[quote=partypup]The old adage goes, “Put a frog in boiling water, and he’ll jump out to save his life.
[/quote]Out of the frying pan, into the fire.[quote=partypup]Don’t be the frog who gets used to the heat, my friend.[/quote]And remember, panic kills. Nothing to do with banking will kill me and I don’t need it to live. I’ve experimented with living off the land and it works so bring it, yee-haw!

All the things that got me ahead of the curve are inside my head, not inside my bank account. If we all start from ground zero I’ll end up ahead again.

[nostradamus]

[quote=partypup]Make no mistake: this thing isn’t coming at us all at once; like a tsunami, it is coming in waves. The question is, when the next wave hits will you be de-sensitized?
[/quote]I think being de-sensitized is not so bad once you’ve prepared yourself. Being hyper-sensitized and in a state of panic is what does the real damage.
[quote=partypup]Or will you take notice and act accordingly and prepare yourself?[/quote]I’m prepared. I have a fishing pole, a water purifier, a book on edible plants, and a peace maker. Everything else is extra. I’ll trade with you but not for paper or pretty metal… ;)[quote=partypup]The old adage goes, “Put a frog in boiling water, and he’ll jump out to save his life.
[/quote]Out of the frying pan, into the fire.[quote=partypup]Don’t be the frog who gets used to the heat, my friend.[/quote]And remember, panic kills. Nothing to do with banking will kill me and I don’t need it to live. I’ve experimented with living off the land and it works so bring it, yee-haw!

All the things that got me ahead of the curve are inside my head, not inside my bank account. If we all start from ground zero I’ll end up ahead again.

[nostradamus]

[quote=Allan from Fallbrook]Nost: Tried to send an email to your address, but no joy.

Checked address and everything, so I know it’s not my usual mentally defunct state.[/quote]
Sorry Allan, it’s

spammers_must_die AT live DOT com

not hotmail. I forgot hotmail switched to live when I signed up.

[nostradamus]

[quote=Allan from Fallbrook]Nost: Tried to send an email to your address, but no joy.

Checked address and everything, so I know it’s not my usual mentally defunct state.[/quote]
Sorry Allan, it’s

spammers_must_die AT live DOT com

not hotmail. I forgot hotmail switched to live when I signed up.

[Author]

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