tag:blogger.com,1999:blog-8515247115132134144.post527248450662323728..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Seafood for ThoughtStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-8515247115132134144.post-14029876121990577432011-09-09T15:17:50.600-07:002011-09-09T15:17:50.600-07:00nanute,
A red herring? ;)nanute,<br /><br />A red herring? ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-14943377376855952672011-09-09T03:09:34.162-07:002011-09-09T03:09:34.162-07:00There's something "fishy" about this...There's something "fishy" about this story.nanutenoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-4930031334846246782011-09-08T16:02:16.545-07:002011-09-08T16:02:16.545-07:00GYSC,
Saw this post in the morning, loved it!
Th...GYSC,<br /><br /><i>Saw this post in the morning, loved it!</i><br /><br />The seafood or the roasted locusts and maggots? ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-60362408515566419502011-09-08T16:00:50.267-07:002011-09-08T16:00:50.267-07:00shtove,
...roasted locusts and maggots...
This w...shtove,<br /><br />...roasted locusts and maggots...<br /><br />This will be a fantastic innovation.<br /><br />Just as cell phones now fit in pockets, so too will future barbeque grills!<br /><br />Nothing stops progress, lol.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-1561608760545264412011-09-08T15:56:22.997-07:002011-09-08T15:56:22.997-07:00Wisdom Seeker,
Well, it wasn't houses that we...Wisdom Seeker,<br /><br /><i>Well, it wasn't houses that were the bubble, it was mortgage loans.</i><br /><br /><b>October 28, 2005</b><br /><a href="http://www.marketwatch.com/story/leveraging-gold-is-a-precious-mistake" rel="nofollow">Stupid Investment of the Week</a><br /><br /><i>"They say all of the great things about owning precious metals, but if they then convince you to buy five times the amount using leverage and you actually have nothing in hand, everything has changed," says Bret Leifer of Bret Leifer Numismatics in Wayland, Mass. "This account feeds the greed. They say 'If gold goes up, you can make five times more with this account.'"</i><br /><br />Hindsight shows that it wasn't actually all that stupid then, but I think it will be someday. I had a third of my nest egg in gold and silver bullion at that time. Go figure.<br /><br /><i>BTW, the chart a few days ago about integrated negative 80% real return of 0.9% 30-year TIPS at the higher marginal tax rate should scare folks.</i><br /><br />It should. I sound like a broken record, but I don't think anything is safe. Our choices are very risky and not quite as risky.<br /><br /><i>It's not really inflation protected if it doesn't deliver a positive real after-tax return.</i><br /><br />Quite true. I never feel protected. Of course, the same thing applies to all the alternatives too in theory.<br /><br />The goal in a bear market is to lose less than the next person. That's my goal anyway. So far, so good.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-78453788938068338372011-09-08T15:44:00.147-07:002011-09-08T15:44:00.147-07:00dearieme,
My tuna isn't even the survivalist ...dearieme,<br /><br />My tuna isn't even the survivalist kind. It is packed in water (low fat/calories). What can I say? That's the kind of tuna I like.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-62987995560683328142011-09-08T15:08:02.664-07:002011-09-08T15:08:02.664-07:00Saw this post in the morning, loved it!Saw this post in the morning, loved it!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-89657979609724387262011-09-08T09:19:37.013-07:002011-09-08T09:19:37.013-07:00Fascinating stuff from BBC radio 4 on insects as t...Fascinating stuff from BBC radio 4 on insects as the new source of protein and fatty acids:<br /><br />http://www.bbc.co.uk/programmes/b0146104<br /><br />Lots of Dutch scientists turning roasted locusts and maggots into flour: "Zis vill be ze alternative to meat in 5 to 10 years time."shtovehttps://www.blogger.com/profile/16109559722715781557noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-41359898338417346102011-09-08T09:18:05.262-07:002011-09-08T09:18:05.262-07:00"The production costs for housing were infini..."The production costs for housing were infinitely higher than the production costs for TIPS in 2007. Didn't stop housing from being the bubble."<br /><br />Well, it wasn't houses that were the bubble, it was mortgage loans. Thanks to securitization, rampant fraud by originators, servicers and ratings agencies, plus and the law-bending magic of MERS, the production costs were not that different to those who sold investors the actual mortgage bonds. In fact, when you can get garbage rated AAA, get taxpayer bailouts, and avoid going to jail, the production costs are negative! What's not to like?<br /><br />BTW, the chart a few days ago about integrated negative 80% real return of 0.9% 30-year TIPS at the higher marginal tax rate should scare folks. It's not really inflation protected if it doesn't deliver a positive real after-tax return. Or is it just protecting Uncle Sam's real tax returns?Wisdom Seekerhttp://i4sg.comnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-62494559834789700542011-09-08T08:16:56.379-07:002011-09-08T08:16:56.379-07:00Tinned tuna is no good for omega-3 (my diet adviso...Tinned tuna is no good for omega-3 (my diet advisor says). So we have stocked up on tinned sardines. Happily, we've found a supplier of sardines in lemon-flavoured oil. Delish!deariemenoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-22530910423076886612011-09-08T01:08:28.416-07:002011-09-08T01:08:28.416-07:00tj and the bear,
The production costs for housing...tj and the bear,<br /><br />The production costs for housing were infinitely higher than the production costs for TIPS in 2007. Didn't stop housing from being the bubble.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-71309422278341074172011-09-07T23:02:21.768-07:002011-09-07T23:02:21.768-07:00The condition of our oceans is something I'd r...The condition of our oceans is something I'd rather not think about.<br /><br />On another (favorite) subject... have you ever considered the production costs vs. retail value of the various commodities you like to compare? Give it a whirl -- see how much it actually costs to produce a barrel of oil, an ounce of gold, a roll of tinfoil and/or toilet paper.<br /><br />I'd say TIPS, too, if you know exactly how many electrons it took to create yours. ;-)TJandTheBearhttps://www.blogger.com/profile/10735388072841457108noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-87383126102992647802011-09-07T22:28:18.080-07:002011-09-07T22:28:18.080-07:00I do have to wonder about the claim that the explo...I do have to wonder about the claim that the explosion could be seen a few hundred feet away though. Shocking!<br /><br />In all seriousness...<br /><br />Is that really a big explosion? We can see a footballs at 300 feet (the length of a football field, not counting end zones) and footballs aren't even on fire. Just saying.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-17357122425899122982011-09-07T22:17:01.885-07:002011-09-07T22:17:01.885-07:00Audrey,
No fish glut yet, and as for fires, perha...Audrey,<br /><br />No fish glut yet, and as for fires, perhaps Texans could <a href="http://www.bellinghamherald.com/2011/08/29/2161261/lynden-man-causes-explosion-after.html" rel="nofollow">learn</a> a few "advanced" fire techniques from my state. Everything's better with a little gasoline on it. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-81553168499049248162011-09-07T19:05:03.304-07:002011-09-07T19:05:03.304-07:00Mark -
Remember your "recession equation&quo...Mark - <br />Remember your "recession equation" from a week or so ago?<br />And you added in drought/dust bowl.<br />Well how about fires? <br />Now we've got that! <br />I think the official count is over 1000 homes lost in Texas fires in the last few days.Audreynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-28190513410389330802011-09-07T18:59:07.160-07:002011-09-07T18:59:07.160-07:00So I guess aquafarming hasn't quite been succe...So I guess aquafarming hasn't quite been successful enough to bring fish prices down yet...Audreynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-40168738758049078102011-09-07T18:38:13.446-07:002011-09-07T18:38:13.446-07:00Fish, and plankton, and sea greens and protein fro...Fish, and plankton, and sea greens and protein from the sea.Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-36673561474278108402011-09-07T17:45:07.133-07:002011-09-07T17:45:07.133-07:00fried,
Nice!
I believe that a canned tuna fish t...fried,<br /><br />Nice!<br /><br />I believe that a canned tuna fish table will outperform 0.0% I-Bonds going forward, if only because any inflationary gains of the table will not be taxed.<br /><br />I think there's a risk that 0.0% I-Bonds will outperform many other investments going forward (if Japan's Nikkei is any indicator after their housing bust).<br /><br />About the only risk you have with a canned tuna table is that it will become less sturdy over time as you eat its contents, lol.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-50974458087676882982011-09-07T17:30:26.107-07:002011-09-07T17:30:26.107-07:00Andrew Tobias, back in the 70s, wrote an investmen...Andrew Tobias, back in the 70s, wrote an investment book called "The Only Investment Book You Need" suggesting that people invest in commodities via cases of tuna fish...stack 4 or 5 cases, add some unopened Hellman's and a can opener, and cover the whole thing with a cloth..presto, an end table that pays you.He also used the example of Charles Revson, who lost fortunes in the market, but came out ahead by buying mouth wash in bulk.friednoreply@blogger.com