SI
SI
Advertise on SI

 Strategies & Market Trends | The Financial Collapse of 2001 and Beyond


Previous 10 | Next 10 
To: carranza2 who wrote (87134)2/12/2012 2:18:49 PM
From: Haim R. Branisteanu   of 101226
 
Jim Grant as all the other "seers" admits that he is not always right. (investment in Japanese stocks)
Interestingly he did not foresee CA financial troubles including those of other US States, but bashes the EUR as all the other so called WS experts.

Only time will tell who is right

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Metacomet who wrote (87135)2/12/2012 2:47:58 PM
From: Haim R. Branisteanu   of 101226
 
from the article

"In February 2011, Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), called for a new world currency to challenge the dominance of the U.S. dollar. [Read: IMF Proposing New World Currency to Replace U.S. Dollar and Other National Currencies!] Three months later a maid at the Sofitel New York Hotel alleged that Strauss-Kahn sexually assaulted her. Strauss-Kahn was forced out of his role at the IMF within weeks; he has since been cleared of any wrongdoing."

munknee.com 

Share Recommend | Keep | Reply | Mark as Last Read

To: Haim R. Branisteanu who wrote (87137)2/12/2012 2:48:15 PM
From: carranza21 Recommendation   of 101226
 
Time will indeed tell, but what we do know is a phenomenon Grant points out, i.e., that the rats are going from one sinking ship to another sinking ship......from the Euro to the USD. At some point, the rats will get the memo and will pile into the reciprocal of trust.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: carranza2 who wrote (87139)2/12/2012 2:55:38 PM
From: Haim R. Branisteanu   of 101226
 
not sure that gold will have a similar run as in the last 5 years.
Few years ago I assumed that fair value of gold is around $1,600 so we are around this #

Further US deficits will adjust the price of gold accordingly

Share Recommend | Keep | Reply | Mark as Last Read

To: elmatador who wrote (87131)2/12/2012 8:14:52 PM
From: Oblivious   of 101226
 
WW II was fought over oil. Japan and Germany wanted oil.

Share Recommend | Keep | Reply | Mark as Last Read

From: dan62/12/2012 9:26:47 PM
   of 101226
 
for friend's of teotwawki --

Dark Ages America: The Final Phase of Empire by Morris Berman. A smart book that covers a lot of ground. The Bottom Line might be that every civilization is a "package deal," defined by the nature of the deal which contains both positive and negative elements. It sets us off on a certain trajectory early that allows the particular civilization to thrive but also contains the seeds of its own destruction because it is inevitably imbalanced and resistant to change.

Warning: It's not a pretty picture. While no one (or everyone) is blamed, it is a scenario that was a long time coming, going all the way back to the Founding Fathers who were less concerned about freedom and democracy than they were about getting rich!

Both thumbs up.

-d.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Maurice Winn who wrote (87128)2/12/2012 10:23:59 PM
From: Joseph Silent4 Recommendations   of 101226
 
You obviously didn't study anything involving causal relations, maths, science or logic at school.

I cannot help but smile at how you continue to sink like a bespectacled hippo in quicksand. :)

It would be both humorous and terribly pitiful for me to to tell you just what my education is in and what the level is, and what I may have accomplished .... and so I won't. Just know that while you were and are busy getting your cocktail-party-talk inspired Wiki education, I was and am doing something more rigorous.

I offered you another way. Tell us all precisely how you did the estimation. One who ""does not know math, logic, etc etc" does not ask for probability measures and great detail. I ask, waiting patiently. We can go into any depth you choose with numbers and science. No more fuzzy "feel good" talk about waves and energy and upside down Planck's constants.

Keeping it simple: tell us in some detail how you arrived at your probability estimate and I'll show you a clown masquerading as a sinking-hippo-genius. :)

Joseph

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Maurice Winn who wrote (87128)2/12/2012 10:33:21 PM
From: Joseph Silent2 Recommendations   of 101226
 
Probability 101. You won't need to consult Kolmogorov. Or even Feller.


Event A is certain means P(A) = 1, except possibly on a set of measure zero.

To say "good odds" and "P(A) = 1" in the same breath suggests you have been napping by the car exhaust

in Coronation park for far, far too long.


Get a good book. Solve home-work problems. Take real tests. LEARN!

QUIT the interminable Wiki-inspired babbling! We know you type fast. SO WHAT?

:)

Share Recommend | Keep | Reply | Mark as Last Read

To: Joseph Silent who wrote (87143)2/12/2012 10:34:32 PM
From: Follies   of 101226
 
What's your point?

Do you disagree with the statements? Do you think the eruption is not a certainty?

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (4)

To: Follies who wrote (87145)2/12/2012 10:44:51 PM
From: RJA_5 Recommendations   of 101226
 
>>What's your point?


JS is calling MQ on his word games.


MQ is dodging, twisting, throwing up smoke, clouds of dust, trying to disappear into same...


JS is not letting him loose, its put up or shut up...


Of course MQ will not shut up...


But in this case, he cannot put up either.


MQ is a bright guy, but IMHO his post are more sophistry than substance and he is being called on it.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.