Is the next big bubble to burst called MONEY??

[BBC3]

The single biggest factor which will give us another shot is the transcendence of the baby boomer generation from this world - which is inevitable. Its a slate cleaning which will pave the way for an almost INSTANTANEOUS 180 in the job market. And on a dime with consideration for the next ten years. The damage they are doing to the job market right now is DEVASTATING. The fact that they are in so much fear of realizing their mortality, that they cant even lay down long enough to get out on the golf course and GET THE FUCK out of the walmart doors as greeters. They are killing the entry level job market which is a critical hold up on the progression of the advancement of future generations. Like a mexican labor market but in stead of a green card, its an AARP Card... Just fuking GET THE FUCK OUT OF THE WAY. Go walk the golf course or go fishing for shitz sake...!!!

But its a wholesale attack on the assets they hold and will be a damn miracle if they dont get it all hornswaggled, or worse - Vacuumed up wholesale by the damn senior care market. Something HAS to be done about that...

It cant be fixed. Its FUBAR. The next generation is so fucked they are, like, beyond fucked.

 

[LW64]

I hear what you're saying, but here's the problem. So much of what they 'built' relied on constantly growing debt that by the time they are gone and things return to normal, the realization wil come that all they left behind was a Potemkin Village. Reality is that most of those 'jobs' are bullshit and, as such, will not need to be filled but eliminated. The whole 'pie' will shrink, not because they are gone, but because most of the 'pie' was a total fucking lie to begin with.

 

[BBC3]

Touch`e.

Its still remarkable the VERTICAL management formations I see in corporate America Today. It's most prominent in big money business like Oil & Gas, etc.. I attribute it to a "trickle-down" effect which is COMPLETELY Empowered by how grossly the guy at the top is getting paid. So the guy below his gets his way to keep his mouth shut, and on down. The more gross at the top, the further down the unilateral positions remain. That is until a far enough distance from sight of the top and the last check is diluted enough that there is nothing left to hold over anyone. As far as a job market, it will be there as long as there are folks to demand one. The one KEY ELEMENT of humanity if Greed which keeps us creative enough to look for what we can get to TAKE. The only combatant to that is another human. But the cycle shortens still. The final issue will be the completion of the "Digital World", when all is transparent. Its a ways away and an EXTRA UGLY Plight to get there. It seems...

I hear what you're saying, but here's the problem. So much of what they 'built' relied on constantly growing debt that by the time they are gone and things return to normal, the realization wil come that all they left behind was a Potemkin Village. Reality is that most of those 'jobs' are bullshit and, as such, will not need to be filled but eliminated. The whole 'pie' will shrink, not because they are gone, but because most of the 'pie' was a total fucking lie to begin with.

 

[LW64]

Yeah. Its funny. That 'verticle arrangement' is a dinosaur, but it lives on fuctionally at the higher levels of corporations because its suits those who populate the higher levels. They view it as a necessity because it is now 'their turn' to get what they think they are entitled to.

Below that level - no matter how the company may be formally structured - functionally, it is all a sweat shop. It has to be to stay profitable. Every plantation has its slaves.

 

[BBC3]

But the point being that the function driving this phenomena is the "Whistle Blower Act" so to the speak. And you can pretty much tell how many levels the tree drops vertically / and stays narrow, as a singular base SOLELY on just how much the top guy makes....

The amount of HUBBUB the next guy down (to those below him) can make is directly proportional to how much EXCESS the next guy up is getting...

Yeah. Its funny. That 'verticle arrangement' is a dinosaur, but it lives on fuctionally at the higher levels of corporations because its suits those who populate the higher levels. They view it as a necessity because it is now 'their turn' to get what they think they are entitled to.

Below that level - no matter how the company may be formally structured - functionally, it is all a sweat shop. It has to be to stay profitable. Every plantation has its slaves.

 

[Michael Scally MD]

Party like it’s 1999 (1.385 million ZMP workers go back to work)
http://www.themoneyillusion.com/?p=27034

What a first half! We don’t have a GDP report for the second quarter, but all indications are that first half RGDP growth will come in around 0.00%. Meanwhile, it’s the best half year for jobs since late 1999. When you break things down further, the first quarter was typical of recent years, coming in at 569,000 jobs. Was that held back by winter weather? I’m not sure, but the second quarter was unusually strong, coming in at 816,000 jobs. Wage growth is still running at 2%, so the economy shows no sign of overheating. Some thoughts:

 

[Voltrader]

Sorry BBC get's a little heavy for me when I am in relaxation mode. Ok, relaxation mode is over. So BBC to put very simply but not to take away from your well written point. Greed is out of control. How do you reel in greed?.... Besides a reset. Is it to late?

 

[BBC3]

It's not a reset by more like a technical RECONCILIATION. I don't really concern myself to question the powers that be OVERALL. I do like to challenge and provide THINK to make my say at LEAST as feedback. I can be quoted as saying that there is little need in thinking that The way things are done can be questions, and because the greatest minds are already taking care of business. If you root things out thinking you are on a path of debunking a certain position in progress, and IF YOU GO LOW AND BROAD ENOUGH with ALL of society considered. Things just tend to be for a GOOD reason usually...

There is a HEAVY DUTY reconciliation currently in progress.. I only assert that Baby Boomer retirement and liquidation will be a good breath to assist. We are in unprecedented times, but were we always not?? What really sickens me is the POOR SOCIAL MORALE that results from NOT having bombs dropping on you, or the risk there-of.. "Love" seems to be a CONVENIENCE in Proseperity, and a STAPLE only in bad times. Just part of the catch-22 of the Growth Engine which powers HUMANITY.. Proof all all being ZERO is the way we tend to GENERATE PAIN when there is none to be found... The HUMAN part is to NOT SEE what is happening around us, and only RESPOND to STIMULUS unchecked...

And WHAT is the DIFFERENCE..? The DIFFERENCE is ALL THAT THERE IS.. Mathematics was ALWAYS poorly transferred to the real world in school which is the failure of itself, but in essence PROOF of HUMANITY. In that those inclined to math / do not see as everyone else. Or there would surely understand that to convey life as ZERO-SUM. Then the difference is ALWAYS what it takes to ZERO THE EQUATION... Then comes the proof...

Sorry BBC get's a little heavy for me when I am in relaxation mode. Ok, relaxation mode is over. So BBC to put very simply but not to take away from your well written point. Greed is out of control. How do you reel in greed?.... Besides a reset. Is it to late?

 

[Voltrader]

I hear you on this ZERO THE EQUATION we were on our way there in 2008 before they plugged it with stimulus and bail outs. I have always contended that if they would of let things shake out in 2008 we would be better off. The pain would of been enough to ZERO THE EQUATION. I guess now maybe not a reset but a reawakening to the point that the consensus says we want the pain for the better good. I like that ZERO THE EQUATION.

 

[BBC3]

Well now if yur talking bout that MAGIC THING they did back in 2008 -- "The Greatest Trick of ALL TIME"... You know, the one where they magically APPEARED 800 BILLION$ and somehow forgot ya got to sell a legitimate bond to print a DOLLAR...? The trick where even the Chinese could only say "you should manage your money better".... LOL MORE LIKE - "Yea - we owe ya a BIG one for sucking this up.. and we will dish it on ya whenever the fuck we want too.." Here, let me dialog it out for all the Meso Financial Power Houses out there Key'ing this 5 STAR LOCKER of a thread... (LOL)..

"OOOhhhhhhh, FOOK-eRz.....! Mudafukerz....! God Damn if they don't have to fucking rule the twentieth Century, Muderfuks got to breaka big one off in us on way out....!" Sunz-o-Biitch..! fuck!! Shit..!!!

So you say "should have let it play out" ehh? hmmmm. lets see now. Who would have got hurt..... Seems to me investor capital dropped 60% and stayed there anyway..?!? Well, hmmm.. Banks should TECHNICALLY be properly leveraged on operations....??? HMMM... SO why not let them go fuck themselves and SIMPLY CLOSE THEIR DOORS...???? Assets now converted like BAD DEBT SALES for a nickle on the dollar...? The people win huh... The vested people... But WHO RUNS the banks...? Better yet, its so much bigger than Uncle Sam THIS IS WHY CHINESE LOOK OTHER WAY... And they Did not just look the other way. THEY BOUGHT A PIECE OF IT.... SO HOW DOES that magically trickle back to the consumer anyway?? IT DONT / WE EAT IT EVERYDAY. Coincidence that Exon Mobile makes record breaking profits in 20072008?!? Right.. The ILLUSION the COMMODITY aint got nuthin to do with what BillyBod pays ALibabba for a barrel of oil. It he was paying him 40 bucks prior to the shit, then he might have payed 50 bucks at the peak of it all. NEVER 150$!$ for fucks sake. People are not that fuking blind. And I imagine the more you can see when/as effectively leveraged becomes a Parlay /Teaser combo at that point. John Stone just eases his sore hiney right back down on it as he shifts that truck back in to first gear... SO riddle me this. If oil REALISTICALLY went up 20%, and a barrel realistically went up 20%, and A set of TIRES and a hairbrush REALISTICALLY went up 20% (AS PROOF)- Then why the fuck did GASOLINE go up 100-150%....! And where is your inflation STARTING NOW. Trickling all the way down to the price of a little debbie on the shelf.. The United States is STILL BOOMING TOO. The borders just shrunk down to the shape of TEXAS, and more specifically - HOUSTON... Ironically, that state being the FIRST IN LINE TO TELL UNCLE SAM TO GET FUCKED... Or is it.... The country is paying that debt everyday at the pump as has been going on SEVEN FUCKING YEARS....

And last time I heard anything about all that VAPOR, the banks which were the players - BOA getting 500BILL and CHASE the rest ( I think I recall).. About 2009-10 they were talking about how great things are and how they did not need the capital after all. The payback plan was just a little murky.. The biggest illusion being that "Mortgage Banks" like BOA & Chase are just LOAN SERVICERS the underwriters being FannyMae/Freddie. Who is that again.... Names with no face, in more ways than one... There are two people in this country HELD ACCOUNTABLE. Uncle sam and John DOE. When folks think of a corporate veil of protection, they commonly ERR to believe it is just a Mythical Beast that protects a individual with a small corp from loosing his ass. Right. ITS REALLY A MODE OF OPERATION WHICH SUPERSEDES all other forms of CONSCIOUSNESS, and AS AN OFFENSE... SO customer service says, "i'm sorry, cant help, that's company policy. The next operative intersection says, "Sorry, that's the deal, and look we are all good folks and even my boss who would frickasee me has to go by the same rules"... Take it to the top and WHO are you dealing with? The BOARD. "We are the board, the policy is clear", I would like to help, but there are 12 other members who have interests too"... And you can calculate the power of that company by working a matrix of WHO they are, and HOW MUCH HEAT THEY PACK.. I got 20 Bucks that says the only time you will catch a board all together in the same place is in front of congress, behind big GUNS, or in a fantasy dream world. PROXY gains more meaning. It really kinda makes you wonder what the underlying meaning to the movie FIGHT CLUB was really all about as one big analogy, or hint thereof...

No there is no fucking crash on the horizon. How could there be when there is NOTHING TO CRASH...?! Thats hot air to keep things in check to AVOID CRASH CONDITIONS potentially on the horizon. And after all if you ASSUME the CRASH POSITIONS, you can not longer look around to SEE SHIT, and all you can smell is your own stinking ass CROTCH loafin in yur face while you again focus on the fine are of sucking yur own dick - as it might have been the winning play after all. LOL.. Cause I'm here to tell ya John Doe DID NOT GET THE MESSAGE. He got his piece too. I just wish I had been wiser and taken more of mine, rather than "doing the right thing"... Still its hard to see when I'm dUCKing... But all that revolving debt generated in the 90's WENT POOF TOO... Banks gave no one a choice. Many folks were operating solely on that credit market which was tightly CLOSED in 2008 and sight unseen. "what? I'm a perfect customer and you clamp me down from 50K working capital to 3 little cards with barely enough of a credit line to fuel the cars??" Right. In a way that forced us to take a piece. But ya got to ugly up the books when theres a handout a coming right?? Else you don't get yurs.. It kinda worked out for all, IN THE US, with the exception of the biggest blow to MORALE in HISTORY. And now I'm a piece of shit right?

Ya want to know the BiGGEST FUCKING ATTACK ON THE WORLD IN HISTORY THAT WENT UNCALLED?? The RESET BUTTON ON THE ATARI 2600...! It taught Generation X that if the shit is not going your way, then FUCK-IT, scrap-it, and start over clean - no harm / no foul... the next sinister failure which was a DIRECT Result was CHEAT CODES. But Atari really claimed that one too, if you recall that if you started out the SPACE INVADERS Game whilst HOLDING the RESET button - You could shoot bullets at mega speed and rendered an ass kicken MOFO. Funny that was kinda a DOUBLE WHAMMY now wasn't it, Reset for no accountability, but one further RESETTING THE RULES to MORE FAVORABLE CONDITIONS as well...!
L............... O................. L.............. And WHAT WAS THE NAME OF THE GAME AGAIN.. SPACE INVADERS....!

So do all you statisticians REALLY believe live is a series of PROBABILITY... REALLY... Technically, you can land a nickle on HEADS forever, and still be 50/50..... Time is not the operative. Space is not the operative. The PRINCIPLE is the operative and the Principle is YOU....

I hear you on this ZERO THE EQUATION we were on our way there in 2008 before they plugged it with stimulus and bail outs. I have always contended that if they would of let things shake out in 2008 we would be better off. The pain would of been enough to ZERO THE EQUATION. I guess now maybe not a reset but a reawakening to the point that the consensus says we want the pain for the better good. I like that ZERO THE EQUATION.

 

[LW64]

Damn, BBC. We gotta get you a job writing Fed policy statements.

At first, I thought like you say BBC: there is nothing there to crash. But then you have to remember two indisputable facts:

[1] It may actually be to the advantage of a small number of persons to have a crash, and

[2] Man has a near infinite capacity for fucking things up.

 

[Voltrader]

BBC writes I take a day to digest. I could use BBC as a guest spot on my blog once in awhile.

 

[BBC3]

Well really what I was trying to say that the economy is indeed HOT. Relative to WHAT it really is... Just IMHO. And I REALLY DON'T KNOW SQUAT...

Damn, BBC. We gotta get you a job writing Fed policy statements.

At first, I thought like you say BBC: there is nothing there to crash. But then you have to remember two indisputable facts:

[1] It may actually be to the advantage of a small number of persons to have a crash, and

[2] Man has a near infinite capacity for fucking things up.

 

[LW64]

And I REALLY DON'T KNOW SQUAT...

None of us do, my friend!

 

[Voltrader]

Well really what I was trying to say that the economy is indeed HOT. Relative to WHAT it really is... Just IMHO. And I REALLY DON'T KNOW SQUAT...

Your writing skills make up for any lack of knowledge. I enjoy reading your post BBC you have a HST quality to your writing. Atari reset buttons, Space Invaders and cheat codes good stuff BBC.

None of us do, my friend!

That is why I have just learned to follow the institutions by all means a bottom feeder. It has worked out well for me and my clientele.

I have some thoughts give me a few it is hard for me to write. I am a better speaker then writer and we are talking about things I am passionate about. I tend not to think of things in terms of definite outcomes but as one who looks at many possibilities.

 

[LW64]

Your writing skills make up for any lack of knowledge. I enjoy reading your post BBC you have a HST quality to your writing. Atari reset buttons, Space Invaders and cheat codes good stuff BBC.



That is why I have just learned to follow the institutions by all means a bottom feeder. It has worked out well for me and my clientele.

I have some thoughts give me a few it is hard for me to write. I am a better speaker then writer and we are talking about things I am passionate about. I tend not to think of things in terms of definite outcomes but as one who looks at many possibilities.

The institutions follow the Fed. That is the only rule I see in play. But the difference between the institutions and the rest of us pipsqueaks is that they will be tipped off by their friends at the Fed before the shit hits the fan.

Everyone else will be treated to the shitstorm with their ass sticking out the window. Nobody will see it coming. That seems to be the one and only reason why the central banks run on auto-pilot most of the time: to insure that the moment they come off autopilot has the apperance of randomness. Otherwise, the central bank could be run by a relatively simple algorithm and everyone would know what its next move will be. But that kind of transparency makes the skin crawl of the academics who run the Fed because it undermines their sense of self-importance.

Like just about all but a handful of functions provided by the government, we would be better off without it.But, once a federal bank is created, it then becomes another manipulator, subject to the whims of the persons who manage it. At that point, the two rules I cited in my last post will be what dominates its behavior.

 

[antipcman]

2008 crash:

1.) predatory lending
2.) entitlements
3.) $6,000,0000,000,000+ to essentially finance PMCs for the war in iraq

Future problems:
1.) Less drive/incentive for employment
2.) More wars
3.) Petrodollar cost
4.) Global American policy circumvention


Just to name a few.

 

[BBC3]

LOL - Just speak'N my Piece..... And actually currently in the process of finalizing my new Operating Platform otherwise known as Unassisted Insanity...! LOL

Your writing skills make up for any lack of knowledge. I enjoy reading your post BBC you have a HST quality to your writing. Atari reset buttons, Space Invaders and cheat codes good stuff BBC.



That is why I have just learned to follow the institutions by all means a bottom feeder. It has worked out well for me and my clientele.

I have some thoughts give me a few it is hard for me to write. I am a better speaker then writer and we are talking about things I am passionate about. I tend not to think of things in terms of definite outcomes but as one who looks at many possibilities.

 

[conquistador]

Gold? Hahahaha, no............. Do NOT, count me in.

5 to 1 payoff over a 20 year span, not compounding, is a joke of a deal.

In fact, all I've learned reading about the securities and derivatives market can be summarized in one sentence, and I know it all: every long term investment is a bad investment.

You want money, you want it fast. A half century ahead before you die to be exact, when you're still a handsome little prick women would genuinely love to fuck.

Hedging it's an old man's game...It's for the sick and dying. Take a look at the top hedge fund managers of this world, a bunch of old twats. They cut through their returns by hedging this and hedging that and diversifying and blah, blah. They only make a lot because they have a lot to invest in the first place. A 10% yearly return is a lot to them, it only takes 10 fucking years to double up, after all...

The richest families, the Rothchild's of this world, they're fortunes took centuries to be built.

Who gives a shit about future descendants? Not me.

There's one and only one proper way to accumulate wealth as fast as possible, and that is to assume full maximal risk and break the law.

In the US you get thrown in jail for insider trading. Come the fuck on, that's like knowing a horse is gonna win and not being allowed to bet on it. This is quite revealing, the law is a mechanism trying to prevent people from making too much money quickly. So what do you do? Exactly what it's trying to prevent you from doing.

That's my infomercial, the real secret to getting filthy rich is to do whatever the fuck it takes to get there: hell-o-ooo!!!!????

 

[kawilt]

Gold? Hahahaha, no............. Do NOT, count me in.

5 to 1 payoff over a 20 year span, not compounding, is a joke of a deal.

In fact, all I've learned reading about the securities and derivatives market can be summarized in one sentence, and I know it all: every long term investment is a bad investment.

You want money, you want it fast. A half century ahead before you die to be exact, when you're still a handsome little prick women would genuinely love to fuck.

Hedging it's an old man's game...It's for the sick and dying. Take a look at the top hedge fund managers of this world, a bunch of old twats. They cut through their returns by hedging this and hedging that and diversifying and blah, blah. They only make a lot because they have a lot to invest in the first place. A 10% yearly return is a lot to them, it only takes 10 fucking years to double up, after all...

The richest families, the Rothchild's of this world, they're fortunes took centuries to be built.

Who gives a shit about future descendants? Not me.

There's one and only one proper way to accumulate wealth as fast as possible, and that is to assume full maximal risk and break the law.

In the US you get thrown in jail for insider trading. Come the fuck on, that's like knowing a horse is gonna win and not being allowed to bet on it. This is quite revealing, the law is a mechanism trying to prevent people from making too much money quickly. So what do you do? Exactly what it's trying to prevent you from doing.

That's my infomercial, the real secret to getting filthy rich is to do whatever the fuck it takes to get there: hell-o-ooo!!!!????