tag:blogger.com,1999:blog-8515247115132134144.post6995277231878635840..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: PetrowagesStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8515247115132134144.post-81777173865683523542012-02-14T21:20:17.166-08:002012-02-14T21:20:17.166-08:00CP,
Few seem to understand or appreciate the ines...CP,<br /><br />Few seem to understand or appreciate the inescapable power of an exponential trend failure.<br /><br />You'd think we'd all have mastered the concept by now. There have been *so* many of them.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-35275422139018020602012-02-14T21:18:26.173-08:002012-02-14T21:18:26.173-08:00Troy,
KD's calls to stop the deficit spending...Troy,<br /><br /><i>KD's calls to stop the deficit spending crack me up.<br /><br />He's right, but the period of adjustment to the new, harsher reality would be a real doozy!</i><br /><br />KD wants to rip the Band-Aid off. There is certainly some appeal to that.<br /><br />I'd be happy if we stopped applying more Band-Aids on top of the existing Band-Aids. At some point we might want to consider getting stitches for our massive head wound, lol. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-73293544346736662412012-02-14T14:49:11.680-08:002012-02-14T14:49:11.680-08:00Yes, I think that if you got rid of ag subsidies, ...Yes, I think that if you got rid of ag subsidies, farmland prices would fall by at least half. <br /><br />What can't continue, won't!<br /><br />And that includes exponential growth of all kinds.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-62184558099250477922012-02-14T14:07:01.453-08:002012-02-14T14:07:01.453-08:00So many taps on the middle class.
So little money...So many taps on the middle class.<br /><br />So little money.<br /><br />KD's calls to stop the deficit spending crack me up.<br /><br />He's right, but the period of adjustment to the new, harsher reality would be a real doozy!<br /><br />My thesis tells me land values would collapse (along with rents) as the last major monetary supplementary injection into the toiling middle quintiles was removed.<br /><br />Congress is already fighting the piddly 2% cuts to rate of growth in defense spending.<br /><br />We are Japan, and some day we too will have a 230% of GDP national debt, though it won't be 95% owned by us.<br /><br />One does wonder if say 100,000 capable libertarian-minded people could just go Galt somewhere.<br /><br />My dream is floating platforms out in the tropics.<br /><br />Kinda like <a href="http://i.imgur.com/hGYSJ.png" rel="nofollow">this</a> I guess, but in reality we'd be lucky to end up with <a href="http://www.upgradetravelbetter.com/wp-content/uploads/2008/11/male-maldives.jpg" rel="nofollow">this</a>.<br /><br />There's a SimXYZ game there somewhere!Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-91769364558876279322012-02-11T19:26:32.766-08:002012-02-11T19:26:32.766-08:00CP,
Perhaps we can all live in caves. Sigh.CP,<br /><br />Perhaps we can all <a href="http://illusionofprosperity.blogspot.com/2011/03/does-jeremy-siegel-live-in-cave.html" rel="nofollow">live in caves</a>. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-79873245518157641702012-02-11T19:15:48.241-08:002012-02-11T19:15:48.241-08:00You know, maybe this chart really says it all?
Al...You know, maybe this chart really says it all?<br /><br />All of life is competition for energy from the sun. Why would our economy be any different?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.com