SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (41939)11/22/2003 7:14:24 PM
From: Lazarus_Long  Respond to of 74559
 
What changed so drastically following the Cuban Missile Crisis that it was TEOTWAWKI?



To: AC Flyer who wrote (41939)11/22/2003 7:35:16 PM
From: Raymond Duray  Read Replies (3) | Respond to of 74559
 
in this case, to invoke the specter of some future bizarre rogue militarized nation state.

What do you mean "future"? The evidence before my eyes is that the U.S. military is already engaged in naked aggression, planning for more and building up an arsenal to do the same with impunity. And the spokesmen for this madness say things like (to paraphrase):

'one more terrorist attack and the Constitution will be replaced by military law' --Tommy Franks

'the Iraq war was illegal by international standards, but so what?' -- Richard Perle.

'my God is better than my enemies' false idol' -- Lt. Gen. Boykin

'God made me do it.' -- George Bush

These people are nuts! Bizarre, rogue, crazy nuts!



To: AC Flyer who wrote (41939)11/22/2003 9:00:37 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<The world is very far removed from TEOTWAWKI. Just ask anyone who remembers the Cuban missile crisis. >

I remember it. Now THAT was scary.

All present problems combined amount to a hill of beans compared with the carnage and mayhem that was actually going on in the good old days, and trivial compared with what seemed likely, when Dr Strangelove became a cultural icon.

What problems do we have now? AIDs is trivial [outside Africa]. A decent famine in India would get the same number in a single year back in the day. Ukraine was starved en masse during Stalin's reign. Islamic Jihad, including suicide bombers in Israel and all other victims combined barely equals those killed in terrorist-sponsored commercial aircraft explosions. We need the Twin Towers to make the numbers.

Count the corpses from Mao, Stalin, WWII, WWI, Pol Pot, Japan's Greater Co-Prosperity Sphere, Israeli/Arab wars and terrorism [King David Hotel etc], various famines [albeit mostly politically inspired]. Compare sars with the 1914 flu epidemic [I hope I'm not tempting fate there]. Check out the financial and social carnage of 1929 and the Great Depression.

We have some unbalanced balance sheets in Japan, yawn. We've had a few financial glitches in Argentina, Brazil, Russia etc and the Asian Contagion. Yawn. There have been some serious bus crashes. Not many aircraft crashes in recent years though another space shuttle crashed. That's not really the Titanic. Compare the destruction of the Twin Towers with an afernoon of bombing in Vietnam from fleets of B52s, or Hiroshima being nuked, or Dresden burned, or The Blitz. Trivial. Tens of thousands of Americans and millions of locals died in Korea and Vietnam. A few hundred Americans and several thousand locals died in Iraq and Afghanistan combined.

Maybe there's something really bad that I'm unaware of. TeoTwawki is going to have to really get up a head of steam. At the moment, the burgeoning economies of China and the USA are not indicating collapse any time soon.

Of course Yellowstone or Taupo calderas could let rip and make big news. Or bigger deal still, a decent sized meteor could make a big splash in the Pacific Ocean. That would change things for the worse. There's always something coming.

Mqurice



To: AC Flyer who wrote (41939)11/23/2003 2:20:13 PM
From: TobagoJack  Respond to of 74559
 
<<I can see you are your usual provocative self, Jay. I'll bite, nonetheless.>>

... I must try harder still :0)

Message 19530034

Message 19530035

Message 19530036

Chugs, Jay



To: AC Flyer who wrote (41939)11/23/2003 2:40:15 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello ACF Mike, an after thought on your <<No. The world is very far removed from TEOTWAWKI. Just ask anyone who remembers the Cuban missile crisis>>

Had I been an active investor during those days, I would have bet (and you know this to be the case) that there will be no nuclear event between Russia and the US, and I would have bought panicked shares.

In the current false comparison, I am certainly not going to bet that there is no upcoming nuclear event.

I think, BTW, that the DARPA initiative for a 'market' on terror futures was brilliant, though mishandled on the marketing, for the exchange would in fact have given them and all a sense of what is likely ahead. It beats viewing CNN News (never mind Fox).

Chugs, Jay