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going very quickly any time now.
There will, of course, always be a week or two of warning time, when you can stock up on legumes and grains. But the whole mess — call it Capitalism or The System or whatnot — is dangerously close to the edge.
It may fracture in 2012 or it may shatter in 2014.
Any case, in one year one week and a day’s time people will look back on the 13th b’ak’tun and surmise this or that. … read more
Less than skin deep.
(c) BILD
“The army would need to run border surveillance so that nobody tries to smuggle € out of [Greece]. [...] [The Greek government] would need to rule by emergency powers [...] Wire transfers would need to be outlawed [...] international air and rail traffic would need to be prevented.”
– Some German professor releasing 1000 years’ worth of stench from his undies[de:], probably Nov 6th, 2011 or a bit earlier.
People will starve. They always do.
The “fun” thing is … read more
Guajardo et al. “Why (and How) Austerity Kills” (IMF, 2011)
Howse “Why Regime Debts Are Not State Debts (and Neither Are Corruption Debts)” (UN, 2007)
Sproul “Why Zimbabwe Collapsed and the US Didn’t Despite Neither Having ‘Solid’ (i.e. fossil) Money” (UCLA, 2003)
Hutchinson “Most Overlooked Use of the Word “economics” in the History of Knowledge” (Yale/AMNH, 1948)
The present global economic woes, at least, should be largely solvable based on this.
After all is said and done, burn everything. Dump the ashes into the … read more
I expect the DAX in the mean term to remain below 5600 ticks, or at least not to go freely above 6K.
Perhaps - but it used to be more likely 2 weeks ago - there will be a major crash soon. Say DAX 4-4.5K. But if so, a rebound to DAX 6Kish is almost a given.
In general I’d guess there will be a tendency to stay with high volatility and major swings, but remaining roughly in the DAX 5-5.5K corridor.
That … read more
I have played around a bit with the Hang Seng and others.
If these are sufficient proxies, China can save the world economy 0-1 more times.
It will be interesting to see whether humans will be forced to suspend their disbelief of the things they will encounter, or whether they can uphold it until they are gang-raped by reality, thermodynamics and evolution.
Even though the data are rough (as in “it has been a rough ride”), extrapolating the Hang Seng from the 1990s’ … read more
Actually, it’s a folk myth[de:].
The crazyshitness quota is quite high[de:] these days, as you have heard. If they will talk of the 21st century world revolution afterwards, we’re already in it. It is quite unlikely that this can be stomped out anytime soon. Particularly since the hottest years of this decade are yet to come (remember the temperature curve lags about one year after the radiation curve).
As a side note, 2013 is the year of the scheduled Federal elex. However, … read more
I talked to a fuckload of anonymous Arabs in the last 2 months. And I can vouch for one thing: these people know perfectly well that they cannot rely on Western governments’ sweet-talk. But they simply want their dictators to go down down down, dammit and inshaAllah.
And they go and try to do that. And people die in the process.
Some of the people I chatted with, as a matter of fact, are dead now, killed by some dictator’s … read more
So, revisiting the river valley overlooked by Hill 431, where two nights before the CinC[*] and his “publisher of a major newspaper” friend went to their little outing.
While the Minister was back in Berlin getting 80% of the major media pissed off mightily (and one Mr. Wonka of the Leipziger Volkszeitung[de:] presumably shitlisted — watch 1:20 to 1:32 and 1:50 here:)
some Afghan guy who presumably will forever remain nameless had decided to take matters in his own hands — alas, … read more
Hanging tough at Hill 431 with the publisher of a major newspaper (To be ’splained below)Image by fritz13.
Dax floating free above the train wreck (but still within grund effect I presume — TINA was a capitalist whore all along after all). DJIA is so-so, definitely not off the ground. N225 remains groundbound essentially.
Them sandniggers are getting restive, and neither Sammy not Johnny (nor the Kaiser nor anyone else) can seem to hold them at bay. Too bad too that it’s … read more
(My Portuguese may suck; I apologize. I am barely able to grasp the basic rules, and have been forced to do so by necessity alone.)
There is a lot of talk these days about admigration. Google knoweth not that word, yet Germany does[*]. We do not know, or have, “immigration”, except in the negative: Germany is not, and will never be, a country of immigration. Or so it has been said.
The following quotes are, à votre plaisir, rendered into English trying … read more
So, on May 20th, 2010, I said in a private conversation (that was duly noted down) regarding the economy:
the significant index values of the coming ?weeks:
dax 6500 and rising
djia 10000 and falling
Meaning that until one of these marks is breached, and robustly so, the global economy will remain in limbo, and other matters of concern may be leisurely regarded as utterly more important.
Almost 3.5 months later, I have no reason whatsoever to change my opinion on this issue.
The last week … read more
Stupid WordPress bug.
Back to Part I
So, at one end money is melting away — creditor-debitor relationships are blowing up –, and this questions (by questioning the future windfalls based on which private banks did draw that money = credit from the central anks in the first place) the existence of further money. Such money may be involved in backing a creditor-debitor relationship that is due now, and its disappearance may cause this relationship to bust, too. It may be indirectly … read more
It will be pretty interesting to see how Capitalism will digest that Greece thingy. And to see how many of the PIIIGGS will go down before this is over.
In any case, those that had already deadsaid Teh Kryzys[en:/pl:] stand corrected.
Big things do need a lot of time to proceed after all. And it is not like we could not have told that this’ll take some time, ね?
As regards the funny things in life, Jane Buergermeister’s[*] lil old click-grabbing … read more
All this is severely shocking for das deutsche Volk of course, given that it has been less than one week since the dead of not-at-all-Good Friday were buried. But that’s life in Afghanistan for you, and it is not like the locals would be given much of a respite by any party in this disgusting war splendid little thing that colloquially might be called “war” by some either. And if you think: “at least it has been going for a … read more
German speaks you.
Ich bitte Sie, Herr BeBeZeh-Mann. Bei allem Verständnis.
Not much more needs to be said.
(Too pissed off of the universe to add links right now, also need to run some PCR 2mo’. Maybe l8r.)
A month as uneventful as it was full of summer heat and monochrome karma.
Kim the Lesser’s guys have assembled some more rockets in NKorea and are showing off. Everybody is pissed, except the NKoreans, who are partly elated and partly… … I don’t expect it to matter to their daily lives too much.
Peace in Sri Lanka? I fear not — though … read more
GodmodeTrader.de[de:] predicts that the DJIA will now try and rise beyond 9,061 ticks and if it makes 9,400 it’s BULL TIME YEEHAWW. Otherwise, he says, it is also likely (but less so) that it stays below 8k. IONO. Neither looks very reasonable to me. The trend lines that circumscribe the meso amplitude of fluctuation (months) look good to me. The rest is… well, it might work in times of peace.
I note that the micro amplitude of fluctuation (days and weeks) … read more
We didn’t go to the demonstration 2day, but I went to where they had their final speeches and cultural programme. Met w/a few ppl I know, though I’d hoped I’d meet some other folks who weren’t there. One guy is a local activist, in whose case his non-presence represents quite epic FAIL. Or I have not understood his methods and he’s in a weird tree-hugging magickal cult that hopes to bring civilization as we know it crashing to its knees … read more
This year has had some funny weather that far. Not bad though. First decent winter since I moved here or so, >10 years ago. When the cold started to get obnoxious, spring broke out. Lasted for 3 weeks or so, unexpectedly turned into summer. April has been what you’d expect May to be. By now, it is colder again and wet, has been raining on and off again for the last few days. But again, the sun is coming thru.
The … read more
Back to Part 1
And then the topic turned to a plane that was flying in a no-fly zone near to Camp David and heading towards Site R. I had no idea what Site R was. And to me Camp David was a place where George Bush went on vacation. I didn’t know any more than that.
And now the topic is getting really interesting. As will become clear, this plane is most likely Flight United 93.
BR: And this was information … read more
since, oh IONO… mid-September 2001 perhaps?
Maybe. Maybe not. We shall see.
Until then, thanks to the 9/11 conspi folks for their continuous asinine lobbying; had they chosen to fight that what the shruBskis were in fact perpetrating, the world might very very well habe been spared 4 more years that were mostly like gang raping for virginity. Oh, and also many “thanks” for making the pretty flowers grow (and the corals — as well as others — die).
You guys suck. Some … read more
Last Saturday’s mass protests in Germany were not like this:
T. rex vs. Big Bad Bank Building
I was in Bankfurt, where around 20k ppl gathered, take a few thou, give a few thou; the official figures ran mostly between 15k and 30k. More — closer to around 30k, perhaps as much as 35k protested in Berlin.
The demonstrations were generally peaceful, to the point of being boring. In Berlin there was some aggro at the very end, when police charged into some … read more
The Con supreme-mayoral candidate of Cologne announced today that he’ll quit the race for re-election (elections due August).
He had been a staunch supporter of the subway project that came to almost topple a church belltower[de:], killed two, destroyed much of the documental archive of Cologne, sunk millions of euros; he had been investigated by the police more than once, had been entangled in networks of bribery, kickbackry, ill-spent funds, construction scandals and the likes. His time of office benefitted … read more
…not really. But the difference is about as much as fluctuation, with Citi stock dropping to about a buck a hit.
And yet[de:]: all the humans in the world legally entitled to conduct business could not own it yet, if each gave this one buck.
Indices bouncyballed, with the dax very tenderly raising Tue but strongly Wed - only to lose all and more today. Dow got a huge load of flak. It looks like the Dax is gonna take cover … read more
Now, here we have a document titled
NATO IN AFGHANISTAN
MASTER NARRATIVE AS AT 6 October 2008
A bit obsolete, but nonetheless… It is part of a batch of documents liberated by the good people at Wikileaks. As they dryly remark,
The encryption password is progress, which perhaps reflects the Pentagon’s desire to stay on-message, even to itself.
Said “password” also “encrypted” the three other documents. Note that Wikileaks is intelligent enough not to submit the password of one Chris Riley, to whom the … read more
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