tag:blogger.com,1999:blog-27697009.post341164781132282103..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : The Anatomy of a BubbleJim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-27697009.post-81767481527858081962010-06-15T20:13:36.861-07:002010-06-15T20:13:36.861-07:00Hi Anon 12:12
You have a point there, when you th...Hi Anon 12:12<br /><br />You have a point there, when you think about it, there has to be a high metal content in that sort of land fills. <br /><br />Somebody will figure out how to make it pay.<br /><br />Thank you for your comments.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-51607243784389122162010-06-15T00:12:18.380-07:002010-06-15T00:12:18.380-07:00Continuing the dumpster analogy, I've always t...Continuing the dumpster analogy, I've always thought that in the future, we would be mining our own landfills. Now I see that they will also need access ramps.<br /> Great Bubble post by the way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-12746501825196858912010-06-14T08:26:29.403-07:002010-06-14T08:26:29.403-07:00Hi Frakrak
With all of this handicap stuff we hav...Hi Frakrak<br /><br />With all of this handicap stuff we have, why not have a dumpster with handicap access for seniors? They could cut us a side door to access the garbage.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-68197339008332885882010-06-13T14:37:51.468-07:002010-06-13T14:37:51.468-07:00Good analogy re captain Jim, yes I feel that also,...Good analogy re captain Jim, yes I feel that also, this has caught up everyone, the greedy, the financially prudent ....<br />I'm going straight to ebay and doing a search for that walker :)<br />cheersfrakrakhttps://www.blogger.com/profile/10110027067402980842noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-25231525918138120752010-06-13T11:25:02.349-07:002010-06-13T11:25:02.349-07:00Hi Frakrak
Be careful in your thinking here. Bub...Hi Frakrak<br /><br />Be careful in your thinking here. Bubbles also affect the innocent bystanders. The captain and his crew on that ferry were committed to the same fate as all of the passengers.<br /><br />The real bubble we are looking at is the trashing of all of the worlds savings. It is the retired people who will suffer, they are too old to work anymore. The irritating thing is, it doesn't matter how frugal they were, someone else has already spent it.<br /><br />The good thing I see happening is that it will get rid of the obscenely rich. This is the last phase of the Kondratiff wave where all of the players totals are reset to zero.<br /><br />So as you approach old age, you want to look for a walker that is convertible into a ladder, suitable for dumpster-diving;>)Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-53497671035607238892010-06-12T23:52:33.619-07:002010-06-12T23:52:33.619-07:00Interesting thing about bubbles, you can make a ki...Interesting thing about bubbles, you can make a killing (financially) just by good timing by investing at the beginning and then exiting before you get the inevitable "PRIC" that deflates your hopes and dreams.<br /><br />Now in this day of economic modelling and advanced economic theory, I would humbly suggest that what we have seen with these last couple of bubbles, is a degree of "engineering" to maximise someones profits and to sharpen the great unwashed herd mentality!!<br /><br />Capitalism doesn't operate in a free market anymore, and to a large extent the tax payers are here for financial fodder of the too big to fail!!<br /><br />I guess Jim I feel it maybe more a case of who is blowing bubbles .... and yes I have heard the joke:>)<br />cheersfrakrakhttps://www.blogger.com/profile/10110027067402980842noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-23097088885606925942010-06-12T08:08:05.779-07:002010-06-12T08:08:05.779-07:00Hi Rob
Thanks for the ata-boy. Looks like Japan ...Hi Rob<br /><br />Thanks for the ata-boy. Looks like Japan is hanging on by their fingernails, and California wishes they had some to hang on with.<br /><br />Enjoy your weekend<br /><br />Take careJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-34199850282422479922010-06-12T04:13:25.786-07:002010-06-12T04:13:25.786-07:00Jim
As always I love your analogies. You should w...Jim<br /><br />As always I love your analogies. You should write a book. Anyhow great post. It's ironic but the word verification I need to use to post this message is an actual word "spent". Pretty much sums up the state of economy. Cheers and have a glorious weekend.<br /><br />Rob in NSRob in NSnoreply@blogger.com