Search results

There was a leaked memo written by Larry Summers almost twenty years ago that addressed, if not planned for this. By the way, when it comes to world trade, and military conflict, the Democrat/Republican paradigms are irrelvent. There is but one US policy. Sure it gets tweaked, but overall...

Interesting stuff about Easter Island. Are you familiar with Richard Duncan's Olduvai Gorge theory? China, it seems to me, is doing the opposite of what the US is doing. While the US has comparatively strong environmental regs, and prefers to have pollution creating industries abroad, China...

Many here decry the power of the tree hugging environmental groups. Certainly, many of their successful efforts have cost industry tremendously, but doesn't a clean environment have a benefit for a nation's people as well? Sure, we lose industry to countries that have weaker environmental...

Yeah been trading it between the 1.50 and 2.00 range. Sold off some, and letting the rest ride.

My feelings as a Christian points me to my Lord and Savior as a fighter. It points me to the man who once in loneliness, surrounded only by a few followers, recognized these Jews for what they were and summoned men to fight against them and who, God's truth! was greatest not as a sufferer but as...

scroll down - it's blank on my screen too for a page or two

I think you're being unfair and ignore the rest of the things Faber says. Faber does BOTH. He makes short term recommendations and long term predictions. Back in March, he said the market was oversold, and it was ready to take off again. He also makes frequent stock picks, lately, Intel...

I would assume no one hopes for a collapse. Especially if they are diabetics or rely on any type of monthly medication. But yeah, it looks like I misunderstood your post.

I disagree. The higher the level of complexity a society has, the greater it falls when there is a credit or resource collapse. How far does a farming village on a Mediterranean Island fall during a great depression? I'll tell you - it barely notices. How far does a city like Detroit...

You misunderstand us Doomers. We don't give a FUCK what goes on in the rest of the world (post c ollapse), or who gets screwed the least. We care about our situation, and what we can do to prevent or prepare. You miss the whole point. I have no opinion on this, but it does seem valid...

Don't know what the current percentage is. But Schiff's using WWII as a starting point is extreme in my view. The era just after WWII was extremely unbalanced in the US's favor - but that too, was unsustainable - that manufacturing base needed global customers. I believe what you stated...

regarding England - They received a grant of 4.4 billion in order to sign off on bretton Woods: "A devastated Britain had little choice. Two world wars had destroyed the country's principal industries that paid for the importation of half the nation's food and nearly all its raw materials...

I agree, but how much of that will be due in the next 3 decades? That's why I specifically gave that time frame. Here's something more concrete: By 2020, in addition to payroll taxes and premiums, Social Security and Medicare will require more than one in four federal income tax...

For those that think Faber is using exaggeration for personal benefit - even at the risk of losing his credibility - please explain how we will cover a siginificant amount of these debts/obligations in the coming 3 decades. Granted, no nation need be debt free to be viable, so I will allow that...

I'm sure it would sound ridiculous to a lot of Ivy League educated people if somebody went back in time and told them in 1929 that their financial crisis would end in a World War a decade later that would ultimately cost the lives of 10s of millions of people, and that rockets would fly from...

From one of the greatest rock songs: <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/w5EFEQ9aY6o&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

You take issue with anything I wrote above? Your post wasn't clear who you were addressing.

Yes. However, up until the 1950s, the US was the world's largest exporter of oil. Not coincidently, it was also the world's largest creditor nation. It is also no coincidence that Nixon took the dollar off the gold standard around the same time that US oil production peaked...

Who owns the robots?

Total Factor Productivity - http://en.wikipedia.org/wiki/Total_factor_productivity You mentioned Chris Martenson earlier - yes I have reviewed some of his crash course chapters. I also have read Albert Bartlett... and follow Marc Faber too. Al Bartlett is a physicist and a Malthusian and...