[onlooker]

I have already read enough to convince me that the US economy is at this point like a walking zombie. Alive yet dead. I see even around where I live, businesses closing left and right , boarded up. We have a debt ridden, job lacking and stagnant economy. All the bubbles have been blown up. No more bubbles. I know Europe is bad but just as bad is the US. We are witnessing the unraveling of the western economies. See this link:
https://www.youtube.com/watch?v=1f7Op8ti4kQ

[Rod_Cloutier]

I saw this today on the web, as of April 4th, 302 people have been killed by domestic police in the US in 2015:

http://www.killedbypolice.net/

The link also shows 1,100 people killed by domestic police in 2014. Old people, middle aged people, young adults, teens. If not demise, certainly decline.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Repent', 'I') saw this today on the web, as of April 4th, 302 people have been killed by domestic police in the US in 2015:

http://www.killedbypolice.net/

The link also shows 1,100 people killed by domestic police in 2014. Old people, middle aged people, young adults, teens. If not demise, certainly decline.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('pstarr', 'S')o outcast, you hate the poor and the liberals, you deserve everything you have worked for and the rest is crap. Got it.

[Rod_Cloutier]

$this->bbcode_second_pass_quote('', ' ')I also abhor the violence by the police (who are supposedly trained professionals) against people they don't like.

[Subjectivist]

$this->bbcode_second_pass_quote('Repent', '')$this->bbcode_second_pass_quote('', ' ')I also abhor the violence by the police (who are supposedly trained professionals) against people they don't like.

[Pops]

I'll tell you what I think; if you look hard enough, you can find a citation/study/book/blog/or preacher to tell you exactly what you already think. LOL

Personally I find it harder and harder to make heads or tails of the economy. Just read "Flash Boys" about high speed trading, I recommend it. It explains how the very basis of the corporate economy, the stock markets, have been rigged to rip off the people who nominally "own" those corporations.

There are a couple dozen public markets where stocks are traded in the US, plus who knows how many "dark pools" run by the big banks. Basically HSTers use fast computers and faster connections that see your offer to buy (or sell) in one market and can go to the other markets, buy stock offered there cheaper, then come back and sell it to you - before the other markets can even react.

That is the essence of the stock market today, 60-70% of "volume" is these fast computers co-located with the "markets" own price matching computers - in the same building - then connected via superfast fiber to the other markets, putting up fake offers as bait and then front running the investors who bite. It adds no value to the market, how can it? They only hold stock for a few microseconds? It is just the classic bait and switch and it skims billions off the economy every year for absolutely no benefit.

But it also obscures, which is what crooks like. When the "flashcrash" happened a few years ago, millions of trades were made within the few seconds the markets tanked but because they happened in micro- and nano-seconds and the "markets" only logged by the second; no one knew - then or now - what exactly happened.


Any screen of Google News business will tell you a dozen different — not just a little but diametrically opposed — explanations of the market gyrations of the moment. When even the people at the heart of the scam aren't exactly sure how the algorithms ("algos") work or how they will react or what they did until much later I'm pretty sure the average Joe has no chance.

It could be a great example, if one were to pursue it, of a place where for all intents and purposes the "Singularity" has already happened. The Algos are in control.


But that wasn't where I started to go, LOL. There really is no difference between OF2's thread of shoots & cherries press releases (or his previous thread of reposted Oil Discovery! press releases) or any number of Doom ' Day one-trick blogs (or U-Tubes) they just preach a different sermon to the believers.
Like that immortal poet, Rod Stewart, said: "Every picture tells a story don't it"—the task is trying to figure out from which side the picture is taken.

.

[Tanada]

$this->bbcode_second_pass_quote('Pops', 'I')'ll tell you what I think; if you look hard enough, you can find a citation/study/book/blog/or preacher to tell you exactly what you already think. LOL

Personally I find it harder and harder to make heads or tails of the economy. Just read "Flash Boys" about high speed trading, I recommend it. It explains how the very basis of the corporate economy, the stock markets, have been rigged to rip off the people who nominally "own" those corporations.

There are a couple dozen public markets where stocks are traded in the US, plus who knows how many "dark pools" run by the big banks. Basically HSTers use fast computers and faster connections that see your offer to buy (or sell) in one market and can go to the other markets, buy stock offered there cheaper, then come back and sell it to you - before the other markets can even react.

That is the essence of the stock market today, 60-70% of "volume" is these fast computers co-located with the "markets" own price matching computers - in the same building - then connected via superfast fiber to the other markets, putting up fake offers as bait and then front running the investors who bite. It adds no value to the market, how can it? They only hold stock for a few microseconds? It is just the classic bait and switch and it skims billions off the economy every year for absolutely no benefit.

But it also obscures, which is what crooks like. When the "flashcrash" happened a few years ago, millions of trades were made within the few seconds the markets tanked but because they happened in micro- and nano-seconds and the "markets" only logged by the second; no one knew - then or now - what exactly happened.

Any screen of Google News business will tell you a dozen different — not just a little but diametrically opposed — explanations of the market gyrations of the moment. When even the people at the heart of the scam aren't exactly sure how the algorithms ("algos") work or how they will react or what they did until much later I'm pretty sure the average Joe has no chance.

It could be a great example, if one were to pursue it, of a place where for all intents and purposes the "Singularity" has already happened. The Algos are in control.

But that wasn't where I started to go, LOL. There really is no difference between OF2's thread of shoots & cherries press releases (or his previous thread of reposted Oil Discovery! press releases) or any number of Doom ' Day one-trick blogs (or U-Tubes) they just preach a different sermon to the believers.
Like that immortal poet, Rod Stewart, said: "Every picture tells a story don't it"—the task is trying to figure out from which side the picture is taken.

[KaiserJeep]

$this->bbcode_second_pass_quote('Tanada', '
')
You know the spouse and I watched a classic Cary Grant movie last Friday evening, His Girl Friday on Netflix. The story is about a Newspaper Editor/Owner and his ex-wife head reporter. Lets just say Reporters from the different papers including the star couple each come at the story that centers the movie from a different perspective and they all make up the story to fit their bias, not to fit the facts.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('KaiserJeep', '')$this->bbcode_second_pass_quote('Tanada', '
') If you don't have one of those high performance systems trading in microseconds, you should quite simply stay out of the market, because you are pure fodder for the Flash Boys.

[Tanada]

The econmy is much more than just the stock market, so how are OTHER aspects of the ecnomy in your area doing?

[Pops]

I'm freelance graphic designer, I do some events (county fairs a specialty) some public transit in the SF bay, some retail, some hospital... all very small scale.

Typically this is my busiest time ($7k billing last month)
2 tiny jobs in my inbox right now.

This area in S WA state is logging and paper mills and shipping thru the port. I doubt much impact, boom times for TP at least. Lots of retail serving a large rural area though.

[onlooker]

$this->bbcode_second_pass_quote('Tanada', 'T')he econmy is much more than just the stock market, so how are OTHER aspects of the ecnomy in your area doing?

[asg70]

$this->bbcode_second_pass_quote('onlooker', '
')Seems inevitable that this will have adverse economic consequences across the board.

[jedrider]

$this->bbcode_second_pass_quote('asg70', '')$this->bbcode_second_pass_quote('onlooker', '
')Seems inevitable that this will have adverse economic consequences across the board.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('jedrider', '
')What we all fear is that this is the Wizard of Oz moment we've been anticipating for a score of years.

[onlooker]

No its the final descent. This site was created to alert people to the threat of peak oil. Well that threat is at its most dire now. And a debt bubble of unprecedented proportions has been inflated. It now has popped. Think of Short and Hills Group. He is here almost daily warning of the energy apocalypse. Why? Because he is insane. Nope. Because even if his mathematical calculations have been off a bit as regards the complex real world, his infornation and message is prescient. What profit is he receiving being here and communicating his message? No monetary one for sure as this site has very few active posters. Meantime trillions of dollars are at stake in maintaining the idea that business as usual can continue on

So, the end of the oil age is upon us. The world economy almost certainly will be in tatters by the end of this year. Not enough energy or economic vibrancy to return to anything resembling prosperity.

[asg70]

$this->bbcode_second_pass_quote('onlooker', '
')This site was created to alert people to the threat of peak oil. Well that threat is at its most dire now.