tag:blogger.com,1999:blog-8515247115132134144.post3924459014011006570..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: The Sarcasm Report v.140Stagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8515247115132134144.post-54428108711974718772011-11-23T19:48:30.771-08:002011-11-23T19:48:30.771-08:00GYSC (& all),
Happy Thanksgiving!GYSC (& all),<br /><br />Happy Thanksgiving!Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-28450318783571892492011-11-23T19:47:48.917-08:002011-11-23T19:47:48.917-08:00fried,
We just need to get onto the road not take...fried,<br /><br />We just need to get onto <a href="http://www.despair.com/theroadnottaken.html" rel="nofollow">the road not taken</a>. ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-51599160382479203792011-11-23T19:46:22.816-08:002011-11-23T19:46:22.816-08:00Troy,
As it stands now, I'm not entirely sure...Troy,<br /><br /><i>As it stands now, I'm not entirely sure we're going to get there.</i><br /><br />If we can get energy prices down to the equivalent of $2 per barrel then just imagine the sheer number of <a href="http://www.despair.com/adaptation.html" rel="nofollow">robots</a> that will be created to make our lives that much easier!Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-21538951900815173352011-11-23T19:43:00.484-08:002011-11-23T19:43:00.484-08:00dearieme,
I've shared this before and I'l...dearieme,<br /><br />I've shared this before and I'll no doubt share it again, lol.<br /><br />This is your captain. I've got good news and bad news.<br /><br />First the bad news. We're hopelessly lost.<br /><br />Now the good news. We're making good time!Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-10099780696139767252011-11-23T17:29:13.310-08:002011-11-23T17:29:13.310-08:00Mark,
add to your list a possible implosion of the...Mark,<br />add to your list a possible implosion of the Euro and the huge downside for the US. MP over at CR is pounding the table on this, has been for a while and is especially concerned with an interview this am betweeen Oliver Sarkozy, of Carlyle, brother of the French prez and Altman, former Treasury Sec...both see the Euro as entering endgame. I will try to link the <br />video...http://video.msnbc.msn.com/cnbc/45415160friednoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-64805002829422505822011-11-23T14:58:11.164-08:002011-11-23T14:58:11.164-08:00Happy Thanksgiving Mark. I want one of those bunke...Happy Thanksgiving Mark. I want one of those bunkers!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-82438430444657804412011-11-23T12:57:21.987-08:002011-11-23T12:57:21.987-08:00Well, let's see, we are advised not to start f...Well, let's see, we are advised not to start from here, if we wish to get there, and there is looking very unlikely in any event.<br />Does Honey have room in her bunker?friednoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-20488076158148379072011-11-23T04:02:35.406-08:002011-11-23T04:02:35.406-08:00remember how the bicentennial was a pretty cool na...remember how the bicentennial was a pretty cool national party, even during the stressed 70s?<br /><br />2026 will be the 250th, another significant milestone.<br /><br />The baby boom was aged 15 to 30 in 1976, you can do the math on 2026.<br /><br />If we can either somehow expand the oil supply such that it's under $2 again (or find a cost-effective alternative), and if we can reform health care to reverse 30 years of cost inflation, and if we can close the $500B/yr trade deficit, mebbe we'll make it to 2026.<br /><br />As it stands now, I'm not entirely sure we're going to get there.Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-25432576838054686472011-11-23T03:50:54.791-08:002011-11-23T03:50:54.791-08:00"I didn't even hold a séance." I di..."I didn't even hold a séance." I did: I consulted Lord Keynes. "Tell me, Maynard" I said "how do you recommend we proceed?"<br /><br />The great man paused and then carefully enunciated "I wouldn't start from here."deariemenoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-51441003499971261362011-11-22T22:10:38.154-08:002011-11-22T22:10:38.154-08:004 Reasons to Love Restaurant Stocks
The National ...<a href="http://www.fool.com/investing/general/2011/11/22/4-reasons-to-love-restaurant-stocks.aspx" rel="nofollow">4 Reasons to Love Restaurant Stocks</a><br /><br /><i>The National Restaurant News index, a measurement of more than 50 restaurant stocks, has risen 130% over the last 10 years, while the S&P 500 is up just 4%.</i><br /><br />Buy high, sell higher? Hey, it worked in real estate until it didn't.<br /><br /><i>We'll always need food, and though restaurants may be a luxury to some, it's one of the first places our discretionary income goes.</i><br /><br />We'll always need homes too. How did that work out? Further, words cannot express how bearish I am on discretionary income in the distant future. Perhaps it has something to do with today's 1.94% yield on 10-year Treasuries.<br /><br /><i>The biggest trend in retail these days is the shift online.</i><br /><br />So if I shop at home instead of leaving the house (presumably at least in part because gasoline prices are high), then how do I actually end up at a restaurant?<br /><br /><i>It's a leap, but my guess is that more retail space will be occupied by service businesses, restaurants being a common example.</i><br /><br />How did that optimistic theory work out in Detroit when manufacturing dried up? Were all those empty buildings put to good use?<br /><br /><i>If you've picked up a paper or turned on the TV in the last 10 years, you know the real growth in the world is coming from China and other parts of the developing world.</i><br /><br />I am so bearish on those <a href="http://illusionofprosperity.blogspot.com/2007/11/savvy-chinese-know-exactly-when-bubble.html" rel="nofollow">savvy</a> Chinese and have been since late 2007.<br /><br /><a href="http://finance.yahoo.com/q/bc?s=000001.SS&t=my&l=on&z=m&q=l&c=" rel="nofollow">China Shanghai Composite Index - 5 year Chart</a>Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.com