Wednesday, 22 February 2012
Thursday, 24 November 2011
Hey ho lets go! Why this is not the 1970s
The risk of devaluation (bank holiday) was mentioned by Eric Sprott a couple of days ago.
I concur: devaluation is another version of inflation / deflation both reduce purchasing ability by reducing how much 'real' money is available - purchasing value.
The most pressing risk for an individual IMHO is to get caught with money in the bank only to find it is then worth a fraction of past value relative to other currency.
In conventional economic theory you should hold on to any debt you have on a mortgage in this scenario.
However, inflation of costs will not lead to wage compensation as the increasing energy flows required are not available domestically (US, UK, EU) or for import.
Profit margins on imported oil are inadequate to compete with cheap wages and poor environmental conditions elsewhere.
Historically we could monopolise oil assets of others this is now too expensive to achieve not least due to these countries expansion of an oil fed population.
Assets to be valid must be traded world wide into areas that still have available energy surpluses or pay workers less / produce goods more efficiently like Germany or China.
Worldwide gold / silver prices overall (despite manipulation) increase in some relation to world levels of fiat currency if well below totals due to central bank interventions using computer trading and metal leasing techniques.
Shame as long term unemployed all I can do is hoard a few jars of peanut butter - its the thought that counts - LMAO.
Unlike the 1970's having a large mortgage debt will likely lead to default rather than paying off the mortgage.
High inflation rates lead to high interest rates, look at the price governments have to pay for their debt recently.
Higher rates will suppress the housing market reducing the market value.
This is what should happen given that the West is a net energy importer spending by inflating its currency to fill the gap that can never be filled due to Peak Oil.
Total real money must decline in relation to resources just not linearly due to the buffering effect of inflated fiat currency.
Unless of course TPTB declare a debt Jubilee ;¬) (default), for a variety of reasons that is not going to happen other than by a general collapse of society, well IMHO.
http://www.youtube.com/watch?v=xuOnePNlOgY
I concur: devaluation is another version of inflation / deflation both reduce purchasing ability by reducing how much 'real' money is available - purchasing value.
The most pressing risk for an individual IMHO is to get caught with money in the bank only to find it is then worth a fraction of past value relative to other currency.
In conventional economic theory you should hold on to any debt you have on a mortgage in this scenario.
However, inflation of costs will not lead to wage compensation as the increasing energy flows required are not available domestically (US, UK, EU) or for import.
Profit margins on imported oil are inadequate to compete with cheap wages and poor environmental conditions elsewhere.
Historically we could monopolise oil assets of others this is now too expensive to achieve not least due to these countries expansion of an oil fed population.
Assets to be valid must be traded world wide into areas that still have available energy surpluses or pay workers less / produce goods more efficiently like Germany or China.
Worldwide gold / silver prices overall (despite manipulation) increase in some relation to world levels of fiat currency if well below totals due to central bank interventions using computer trading and metal leasing techniques.
Shame as long term unemployed all I can do is hoard a few jars of peanut butter - its the thought that counts - LMAO.
Unlike the 1970's having a large mortgage debt will likely lead to default rather than paying off the mortgage.
High inflation rates lead to high interest rates, look at the price governments have to pay for their debt recently.
Higher rates will suppress the housing market reducing the market value.
This is what should happen given that the West is a net energy importer spending by inflating its currency to fill the gap that can never be filled due to Peak Oil.
Total real money must decline in relation to resources just not linearly due to the buffering effect of inflated fiat currency.
Unless of course TPTB declare a debt Jubilee ;¬) (default), for a variety of reasons that is not going to happen other than by a general collapse of society, well IMHO.
http://www.youtube.com/watch?v=xuOnePNlOgY
Monday, 14 November 2011
Barefoot Ted's Luna sandals one year of wear, autumn rig
Mostly running with some cycling and walking, replacement lace on right foot recently another month or so on the left.
Socks are merino / nylon / lycra mix from:
http://myworld.ebay.co.uk/marko200810/ £6.50 for 4 pairs, they don't have the advertised extra cushioning, still they do the job - I plan on two pairs as the season progresses, good service from the seller.
Get some darning thread and a needle mark the position of gap between big toe and the rest also the 2 distal points (end of each block of toe).
Remove sock, turn inside out, stitch up points to points including a short section parallel with the gap at your big toe.
Cut down the centre.
Thermals are from:
http://www.britishthermals.com/Mens_Thermals, the imported value range same quality half the price, good customer service.
Running leggings are last years Lidl:
http://www.lidl.co.uk/cps/rde/xchg/SID-8DB97D1D-DCA86B08/lidl_uk/hs.xsl/offerdate.htm?offerdate=14366&ERR=noservice
On reflection correctly adjusting this sandal depends on understanding that it is attached to your foot at 3 semi independent points all of which must be individually adjusted.
That is the length of lace from toe to ankle is first adjusted to be tight so a finger can just be pushed under; then the heel to heel, a bit tighter here.
Again from inside ankle across the front of the foot a tip here is when tying the knot lift your heel to get a tighter fit.
I have had zero injuries of any sort over this year other than a blister from trying a new tying technique.
These excellent self massage videos from Rich Poley have greatly reduced running after effects and improved recovery:
http://www.youtube.com/watch?v=fyLdBti9j48
After each run I also do the standard standing stretches; two for calf, one for quad, combined hamstring and abductor (kick up foot against door frame stand side on and then lean forward along raised leg.
Enjoy, I do. :¬)
Cmon Everybody
http://www.youtube.com/watch?v=KQLMbAp_smo
Saturday, 5 November 2011
Disfunctional regulation of world 'markets'
'We apologize for any confusion our initial advisory may have created.'
Today the idiots that are purposely put in charge of regulating the 'markets' i.e. they are brain dead placemen 'clarify' that the statement issued yesterday was exactly opposite of what they intend to do...
Perhaps they didn't sleep well on Thursday night because their mothers didn't tuck them in.
They are relaxing margin requirements for recipients of MFuckGlobal future positions - until they are not...perhaps they will hold a referendum to make the decision, *uckwits.
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-400.pdf
Slack hangman.
Have you come to pay my fee.
http://www.youtube.com/watch?v=UNSyqazXfGE
Today the idiots that are purposely put in charge of regulating the 'markets' i.e. they are brain dead placemen 'clarify' that the statement issued yesterday was exactly opposite of what they intend to do...
Perhaps they didn't sleep well on Thursday night because their mothers didn't tuck them in.
They are relaxing margin requirements for recipients of MFuckGlobal future positions - until they are not...perhaps they will hold a referendum to make the decision, *uckwits.
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-400.pdf
Slack hangman.
Have you come to pay my fee.
http://www.youtube.com/watch?v=UNSyqazXfGE
Monday, Monday...
This is a liquidity crisis caused by an insolvency crisis, banks and corporations have parked cash in US treasuries due to systemic risk and due to systemic risk the futures exchange (CME) is raising liquidity requirements.
If your friend is still playing the market he needs to put in sell orders now to get them in the queue.
The futures exchange in the USA is asking for 26% increase in money deposited to maintain ALL futures contracts on Monday morning.
This was only announced after close of the exchange in the USA on Friday.
If your friend is still playing the market he needs to put in sell orders now to get them in the queue.
The futures exchange in the USA is asking for 26% increase in money deposited to maintain ALL futures contracts on Monday morning.
This was only announced after close of the exchange in the USA on Friday.
http://www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything
Cash is being taken out of the system, so will not be available for the speculators to borrow and meet the margin calls.
http://www.zerohedge.com/news/behind-scenes-european-panic-interbank-liquidity-worst-level-ever
It's too late...:¬)
http://www.youtube.com/watch?v=WuPq2LdmiOo&feature=related
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