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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (51135)6/9/2009 10:09:52 PM
From: Maurice Winn4 Recommendations  Read Replies (1) | Respond to of 218772
 
Excellent graph and typical of governments TJ. My favourite government graph was the projected oil pricing envelope produced by the NZ government in the early 1980s, justifying their ridiculous alternative energy and other schemes in response to $40 a barrel oil.

The oil price fell immediately below the bottom of their envelope and stayed there, just as the actual unemployment graph you showed is zooming up and beyond the high of highs expected by the government.

As you said, it's all flim flam in fiat financial relativity theory. But the four forces of the apocalypse will not be denied and after the foolish flim flammery comes the dawning reality of those four forces, relentless, merciless, irresistible. Governments think they can just make up anything they like and make it real. They mistake their temporal power for the real thing. The public votes for it, then pays for it all, first with their assets, then with their lives.

Mqurice