wars are frequent during kondratieff winters.
So if the cycle is to ultimately lead to wars, and Vosilla and others keep pointing out how our war machine continues to expand - shouldn't this be at the top of our list? I am just a 5th grader and not as old as some of the codgers here, I wish to learn through discussion how wars are going to be different or similar at the end of this cycle. Certainly many here heavily invested in oil or gold will "profit" from intensifying war, breakdowns in markets, nationalization of industries and protectionism no? As thyssen and prescot bush profited from their investments in cheap polish slave labor mining coal.
but some politics on this thread is inevitable because in many ways the credit bubble is a result of politics.
Agreed, we don't need another "formely about AMD" type situation. So in trying to stay relevant, if you are in agreement that bernanke and friends have to find somewhere else to inflate and extend credit - and now that housing is no longer exciting to the pigmen - where are the politicians headed with our economy to stave off angry citizens and keep their jobs? I read during the great depression they had no lenders to take all the money they were trying to give out. War seems to have been a great benefit to the bankers in many countries back then. Japan simply didn't have the option of expanding the war machine to keep the party going did it? So it was not a solution for their mess - but we do no?
http://www.321gold.com/editorials/daughty/daughty032807.html
I know what you are thinking. You are thinking that, according to their precious little computer models and equations, all the Fed has to do is lower interest rates, create lots of money and credit, and everything will be fine. And you know this will work because that is what the Federal Reserve has been doing continuously, and everything is fine as far as you are concerned.
But Mr. Stepak warns that there is Big Trouble In The La-La Land Of Modern Economics, as it won't work this time. Because even if the Fed relaxes its lending criteria, the lenders are now in a position where they have to tighten up their lending standards, like it or not.
In short, banks were forced to loan to borderline deadbeats because there was nobody else left to lend to, and now there is literally nobody to lend to, except human garbage like The Mogambo....
...He says The same thing happened in Japan - the main rate might have hit zero, but by then the banks were far too indebted and scared to lend money to the man in the street.
As an object lesson, he notes that Japan's only just now, warily and unsteadily, coming out of its near two-decade slump - we wonder how long it will take the US to recover from the current credit implosion.
Again Japan didn't really have the option of war at that point did they? Depression era USA had the option though no? Today we can fight with china, russia, iraq, iran, drug dealers and terrorists all over the world, what are you going to do Ork when whatever president comes to you and says buddy we got to free the enslaved in all these countries - should we send Rambo in to get those 15 british soldiers or not? I cannot seperate human behavior and emotions and the politicans playing on them for money and power from where all that drama is going to send our credit and finance in the near future. I can see lots of credit being extended to build lots of fun war toys - if the battlefields really get to rolling and there is lots of destruction - we can really get the factories rolling and credit zooming up no?
I agree with some of Vosilla's war observations and yours that K Winters will see us visit more battlefields soon. When people are no longer interested in borrowing during peace time - we have to give them a war so they can get excited about borrowing again eh?
I saw captain kirk talk about the kobayashi naru and how he didn't like no win scenarios - so he cheated and altered the environment - I see no reason why powerful pigmen and bankers will not alter global politics and change the playing field and spur battle and war amongst all us sheeple if it will make them more powerful and wealthier. How does the old saying go - war is good for business. Saud boys are buying lots of new military hardware from us no?
Ork could you please answer one more question for me?
Mogambo makes this statement in the above article -
So, the lesson is clear; those Zimbabweans who put their savings into gold, instead of Zimbabwean dollars and assets that can be easily seized and devalued by a government, made out very well, just as the theory predicts!
When the mugabe soldier came up to the white farmer and pointed the gun at him and said give me all your gold and all your land or eat lead - how did having gold really help this guy?
Mogambo goes on to say:
If you ain't got gold or silver (or even oil), then we cannot be friends, as one day very soon my fellow precious-metals fanatics and I will be rich because we own them, and you won't be because you don't, and we will have nothing in common anymore, unless you are a young and pretty girl who is desperate enough to do anything, and then maybe we can work something out. Otherwise, scram, moron!
Ork I am a mugabe soldier type with lots of guns and bullets and about 20 friends on the tank with me, we drive up to mogambo's house and point the sniper rifles at his forehead - how does having gold protect him. I walk over to his bed and take that young pretty girl and all his gold and maybe his life too if he sneers at us wrong - why does Mogambo think his shiny metal can stop a bullet from a mean hungry sex starved brute who likes to shoot people? I don't understand. |
