[patientrenter]

Meteors large enough to destroy life on earth lurk in the outer reaches of the solar system. Carbon dioxide is building to levels that will cause a sudden and catastrophic melting of the ice caps and runaway global warming. North Korea will launch nuclear weapons at LA when the regime collapses. Al qaeda will set off dirty bombs in the 3 largest US cities, rendering them unusable for hundreds of years……. Oh, and the most severe deflation in 100 years will take hold in the US and cause another great depression and political turmoil.

In my opinion, thinking about these things in moderation is entertaining, possibly slightly useful for a few hundred disaster specialists in the world, and a waste of time for most other people and purposes.

For some perspective, look at the economic history of 1973-1984. I think you will find that big bad things happened, lost of people complained a lot, and we all got over it and moved on and, obviously, mostly forgot about it.

Patient renter in OC

[patientrenter]

Meteors large enough to destroy life on earth lurk in the outer reaches of the solar system. Carbon dioxide is building to levels that will cause a sudden and catastrophic melting of the ice caps and runaway global warming. North Korea will launch nuclear weapons at LA when the regime collapses. Al qaeda will set off dirty bombs in the 3 largest US cities, rendering them unusable for hundreds of years……. Oh, and the most severe deflation in 100 years will take hold in the US and cause another great depression and political turmoil.

In my opinion, thinking about these things in moderation is entertaining, possibly slightly useful for a few hundred disaster specialists in the world, and a waste of time for most other people and purposes.

For some perspective, look at the economic history of 1973-1984. I think you will find that big bad things happened, lost of people complained a lot, and we all got over it and moved on and, obviously, mostly forgot about it.

Patient renter in OC

[patientrenter]

Meteors large enough to destroy life on earth lurk in the outer reaches of the solar system. Carbon dioxide is building to levels that will cause a sudden and catastrophic melting of the ice caps and runaway global warming. North Korea will launch nuclear weapons at LA when the regime collapses. Al qaeda will set off dirty bombs in the 3 largest US cities, rendering them unusable for hundreds of years……. Oh, and the most severe deflation in 100 years will take hold in the US and cause another great depression and political turmoil.

In my opinion, thinking about these things in moderation is entertaining, possibly slightly useful for a few hundred disaster specialists in the world, and a waste of time for most other people and purposes.

For some perspective, look at the economic history of 1973-1984. I think you will find that big bad things happened, lost of people complained a lot, and we all got over it and moved on and, obviously, mostly forgot about it.

Patient renter in OC

[patientrenter]

Meteors large enough to destroy life on earth lurk in the outer reaches of the solar system. Carbon dioxide is building to levels that will cause a sudden and catastrophic melting of the ice caps and runaway global warming. North Korea will launch nuclear weapons at LA when the regime collapses. Al qaeda will set off dirty bombs in the 3 largest US cities, rendering them unusable for hundreds of years……. Oh, and the most severe deflation in 100 years will take hold in the US and cause another great depression and political turmoil.

In my opinion, thinking about these things in moderation is entertaining, possibly slightly useful for a few hundred disaster specialists in the world, and a waste of time for most other people and purposes.

For some perspective, look at the economic history of 1973-1984. I think you will find that big bad things happened, lost of people complained a lot, and we all got over it and moved on and, obviously, mostly forgot about it.

Patient renter in OC

[patientrenter]

Wow! A (mostly) civilized political thread. What a pleasant surprise.

I am European (born and raised), but I’ll chime in with FLU and others that Asians suffer from racial discrimination slightly more than Europeans or people of European descent. I am familiar with big-company corporate policy and practice as a manager, and that’s what I’ve seen consistently. And everyone knows the college admission biases.

Others have said this, and it rings true to me: The reason Clinton got most Hispanic votes is probably plain racism amongst many Hispanics; and the reason she got most Asian votes is that many Asians don’t want more discrimination against them.

It’s really odd that these ‘findings’ aren’t broadcast on the media. It’s not that hard to find out. As someone sorta said, maybe it messes up the world-view of the media managers that some important racists are not (Euro) white, and that some important victims of racism are not black. I hate subscribing to conspiracy theories, but I tend to believe that a lot of media people know this, but want to suppress it. They are doing it for ‘good’ reasons, to keep all of us dumb unwashed masses focused on our main sins, but that doesn’t mean I have to accept their simplified version of the truth.

Patient renter in OC

[patientrenter]

Wow! A (mostly) civilized political thread. What a pleasant surprise.

I am European (born and raised), but I’ll chime in with FLU and others that Asians suffer from racial discrimination slightly more than Europeans or people of European descent. I am familiar with big-company corporate policy and practice as a manager, and that’s what I’ve seen consistently. And everyone knows the college admission biases.

Others have said this, and it rings true to me: The reason Clinton got most Hispanic votes is probably plain racism amongst many Hispanics; and the reason she got most Asian votes is that many Asians don’t want more discrimination against them.

It’s really odd that these ‘findings’ aren’t broadcast on the media. It’s not that hard to find out. As someone sorta said, maybe it messes up the world-view of the media managers that some important racists are not (Euro) white, and that some important victims of racism are not black. I hate subscribing to conspiracy theories, but I tend to believe that a lot of media people know this, but want to suppress it. They are doing it for ‘good’ reasons, to keep all of us dumb unwashed masses focused on our main sins, but that doesn’t mean I have to accept their simplified version of the truth.

Patient renter in OC

[patientrenter]

Wow! A (mostly) civilized political thread. What a pleasant surprise.

I am European (born and raised), but I’ll chime in with FLU and others that Asians suffer from racial discrimination slightly more than Europeans or people of European descent. I am familiar with big-company corporate policy and practice as a manager, and that’s what I’ve seen consistently. And everyone knows the college admission biases.

Others have said this, and it rings true to me: The reason Clinton got most Hispanic votes is probably plain racism amongst many Hispanics; and the reason she got most Asian votes is that many Asians don’t want more discrimination against them.

It’s really odd that these ‘findings’ aren’t broadcast on the media. It’s not that hard to find out. As someone sorta said, maybe it messes up the world-view of the media managers that some important racists are not (Euro) white, and that some important victims of racism are not black. I hate subscribing to conspiracy theories, but I tend to believe that a lot of media people know this, but want to suppress it. They are doing it for ‘good’ reasons, to keep all of us dumb unwashed masses focused on our main sins, but that doesn’t mean I have to accept their simplified version of the truth.

Patient renter in OC

[patientrenter]

Wow! A (mostly) civilized political thread. What a pleasant surprise.

I am European (born and raised), but I’ll chime in with FLU and others that Asians suffer from racial discrimination slightly more than Europeans or people of European descent. I am familiar with big-company corporate policy and practice as a manager, and that’s what I’ve seen consistently. And everyone knows the college admission biases.

Others have said this, and it rings true to me: The reason Clinton got most Hispanic votes is probably plain racism amongst many Hispanics; and the reason she got most Asian votes is that many Asians don’t want more discrimination against them.

It’s really odd that these ‘findings’ aren’t broadcast on the media. It’s not that hard to find out. As someone sorta said, maybe it messes up the world-view of the media managers that some important racists are not (Euro) white, and that some important victims of racism are not black. I hate subscribing to conspiracy theories, but I tend to believe that a lot of media people know this, but want to suppress it. They are doing it for ‘good’ reasons, to keep all of us dumb unwashed masses focused on our main sins, but that doesn’t mean I have to accept their simplified version of the truth.

Patient renter in OC

[patientrenter]

Wow! A (mostly) civilized political thread. What a pleasant surprise.

I am European (born and raised), but I’ll chime in with FLU and others that Asians suffer from racial discrimination slightly more than Europeans or people of European descent. I am familiar with big-company corporate policy and practice as a manager, and that’s what I’ve seen consistently. And everyone knows the college admission biases.

Others have said this, and it rings true to me: The reason Clinton got most Hispanic votes is probably plain racism amongst many Hispanics; and the reason she got most Asian votes is that many Asians don’t want more discrimination against them.

It’s really odd that these ‘findings’ aren’t broadcast on the media. It’s not that hard to find out. As someone sorta said, maybe it messes up the world-view of the media managers that some important racists are not (Euro) white, and that some important victims of racism are not black. I hate subscribing to conspiracy theories, but I tend to believe that a lot of media people know this, but want to suppress it. They are doing it for ‘good’ reasons, to keep all of us dumb unwashed masses focused on our main sins, but that doesn’t mean I have to accept their simplified version of the truth.

Patient renter in OC

[patientrenter]

SDR, I confess I didn’t read the originally referenced, apparently apocalyptic, article. But I have read the Nouriel Roubini article describing the economic bogeyman the Fed is afraid of.

I think we are a very, very long way from Nouriel’s (hypothetical) scenario. We’re doing way, way better than 1974-1981, and that’s way better than the Nouriel Roubini lights-out scenario. We can have a 50-60% drop in real estate and stock prices, and still not be close to the Roubini scenario. I think we could really use a 50-60% drop in most asset prices, and we’d be doing well 10 years from now if that asset price deflation was allowed to happen quickly, with casualties.

Patient renter in OC

[patientrenter]

SDR, I confess I didn’t read the originally referenced, apparently apocalyptic, article. But I have read the Nouriel Roubini article describing the economic bogeyman the Fed is afraid of.

I think we are a very, very long way from Nouriel’s (hypothetical) scenario. We’re doing way, way better than 1974-1981, and that’s way better than the Nouriel Roubini lights-out scenario. We can have a 50-60% drop in real estate and stock prices, and still not be close to the Roubini scenario. I think we could really use a 50-60% drop in most asset prices, and we’d be doing well 10 years from now if that asset price deflation was allowed to happen quickly, with casualties.

Patient renter in OC

[patientrenter]

SDR, I confess I didn’t read the originally referenced, apparently apocalyptic, article. But I have read the Nouriel Roubini article describing the economic bogeyman the Fed is afraid of.

I think we are a very, very long way from Nouriel’s (hypothetical) scenario. We’re doing way, way better than 1974-1981, and that’s way better than the Nouriel Roubini lights-out scenario. We can have a 50-60% drop in real estate and stock prices, and still not be close to the Roubini scenario. I think we could really use a 50-60% drop in most asset prices, and we’d be doing well 10 years from now if that asset price deflation was allowed to happen quickly, with casualties.

Patient renter in OC

[patientrenter]

SDR, I confess I didn’t read the originally referenced, apparently apocalyptic, article. But I have read the Nouriel Roubini article describing the economic bogeyman the Fed is afraid of.

I think we are a very, very long way from Nouriel’s (hypothetical) scenario. We’re doing way, way better than 1974-1981, and that’s way better than the Nouriel Roubini lights-out scenario. We can have a 50-60% drop in real estate and stock prices, and still not be close to the Roubini scenario. I think we could really use a 50-60% drop in most asset prices, and we’d be doing well 10 years from now if that asset price deflation was allowed to happen quickly, with casualties.

Patient renter in OC

[patientrenter]

SDR, I confess I didn’t read the originally referenced, apparently apocalyptic, article. But I have read the Nouriel Roubini article describing the economic bogeyman the Fed is afraid of.

I think we are a very, very long way from Nouriel’s (hypothetical) scenario. We’re doing way, way better than 1974-1981, and that’s way better than the Nouriel Roubini lights-out scenario. We can have a 50-60% drop in real estate and stock prices, and still not be close to the Roubini scenario. I think we could really use a 50-60% drop in most asset prices, and we’d be doing well 10 years from now if that asset price deflation was allowed to happen quickly, with casualties.

Patient renter in OC

[patientrenter]

SDR and others, perhaps you are very young, but I and many others have lived through much more difficult economic times than the mini-recessions of 2001 or the early 1990’s. The world did not come to an end, despite asset prices being only a small % of what they are today, even after adjusting for income growth since then.

Yes, if we have a severe recession, some hoped-for outcomes will not come true, but many good things will happen too, and those who act opportunistically will do well in 10 or 20 years time, maybe sooner if they are lucky.

Patient renter in OC

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