Search results

As I implied in my initial post, forgetfulness is what brought this on. It happens again when the old virtues are forgotten. When anything goes. When America and prosperity are viewed as invulnerable. It is no accident that the Kondratieff wave takes three generations to recur.

Thank you for posting, Infinity. You remind people that the greatest kindnesses come from hard times. My Appalachian grandmother used to shoot squirrels off the porch of her trailer with a single-shot 22 rifle. Just one scrawny one made a stew.

Do you know what toilet paper costs? (It's a half-cent a sheet, paper towels are 1.5 cents each, tap water a quarter cent a gallon). You'll know and quote numbers like that soon to your family: "Use your fiungers and wash it off, Johnny! It's cheaper!"

Your family will also learn to eat and like things that would make them gag now to think about it. My mother made breakfast eggs stretch using cow brains. Fried first, you'd think the brains were sausage. Only 39 cents a pound at your local hispanic grocer right now. Oh, and people will...

You can also kiss infrastructure services goodbye. When I was a kid they didn't plow roads when it snowed. If you had to travel any distance, you had to take the train. Back then, of course, when you used the train crapper it went straight onto the tracks. I live in a state that balances its...

I remember travelling with my father on his petty business and staying in cheap clapboarded inns in the winter. The proprietor provided each of us one threadbare blanket for warmth in the unheated room. My father taught me to use newspaper between the sheet and blanket for better insulation...

The Kondratieff wave exists because typically no one alive remembers the last one. I remember only through stories and lingering aftereffects. I'll share. You can, too. I remember how proud my mother was to serve us a Sunday dinner of a whole Spam lovingly glazed with Karo syrup, spiked with...

1930's Depression advertising got it right! This would also make Washington more willing to get into Detroit's knickers.

Have you never heard the theory that a revealed edge quickly vanishes?

Young-uns, nuthin' keeps seniors from returning to Woodstock principles and forming communes. I myself already have six fat old ladies lined up. Gotta have one day off, though. I live in a ten room house (not counting eight closets) with enough room to house a passel of dying seniors. My living...

I heartily concur. Multiple aliases are the scourge of ET. I would also require that any opinion expressed about a stock be accompanied by a clearly supportive chart on pain of having the thread summarily deleted.

Naked Shorty, it ain't dangerous for me to stay in MY house. I live in a neighborhood of retired gun nuts. We keep a neighborhood raghead watch 24/7. Enough firepower to fight WWII again.

Portly, I am elite enough to post CHARTS in support of my ass-sertions. And I happen to be one of those old farts you think is going to flock to ass-sisted living. Fact is we are going to inconvenience our heirs and die messily in our own beds. You'll never need fancy funerary services, though...

The truth? Old folks are just going to DIE. That's why funeral homes like SCI are recovering.

Oh, yeah! SRZ really looks like a stock I want to buy. Obama? Think Clinton. Obama is a closet conservative. Old folks will die in droves in the gutters on his watch.

Generally I invest where I spend my money. Take a look at IDC. Is it a harbinger of recovery?

Economic conditions are sufficiently bad that I recommend strong pawn shop/payday loan companies, EZPW being my local favorite.

Neuf-sans-peur, physical gold and a healthy stock of .357 magnum cartridges provide some modest insulation. I look forward to the return of the righteous ante-bellum days of barter, chattel and slavery after the crash.

All "wealth" that is denominated in fiat money is illusionary and must eventually be erased in a Kondradieff wave. The only thing which changes over the ages is the biological-like evolutionary nature of the methods of destruction. Rarity alone survives as a store of wealth.

Indeed, BSAM, but the best money is in the pachinko game between multiple S&R. You know, those horizontal lines which are invisible to trendline and channel chartists and which keep them busy drawing and redrawing, muttering arcana like FTT, FBO, etc.