[RonMN]

Only minutes left in the trading day & the Dow is down 200+

[PenultimateManStanding]

Interesting, maybe the Plunge Protection Team decided that it was more important to keep the money flowing into T-Bills.

[TommyJefferson]

At close it's down 210.

[PrairieMule]

$this->bbcode_second_pass_quote('BigTex', '')$this->bbcode_second_pass_quote('Twilight', 'W')ell you know what they say, tomorrow is a new buying opportunity...

[Tyler_JC]

$this->bbcode_second_pass_quote('jasonraymondson', 'T')he dow started downwards today, but it is sadly rebounding.

I so wanted to see two straight days of big losses

[PrairieMule]

Nice post Tyler.

[Roccland]

Tyler - want a crash? I am a father of two young kids...I do not want what is before us to happen, but looks as though even the pessimists may in fact be very optimistic...to wit:

1) 5 years ago scientist said we had "noticeable" changes in the earth's atmosphere a century away...today we read reports that should the Amazon go through another year of drought it will collapse...true??...I guess we are gonna find out soon enough.

2) 5 years ago rates of decline for oil extraction were estimated in the 2-4 range...the science today says 10-15 is what is occurring and within 12 years all oil exports to the US with be halved...true??...guess we are gonna find out soon enough.

3) 5 years ago electrical grid collapse was off the radar entirely...had lunch this afternoon with a senior electrical engineer for a major southwest utility...blackouts can be counted on in under 2 years...true??...guess we are gonna find out soon enough.

4) 5 years ago the USDA reported that we had some 100 plus days of grain supply in the world...today we are under 50 days...the UN says it cannot feed millions in Africa...starvation is on thier horizon...true??...I guess we are gonna find out soon enough.

5) 5 years ago the housing boom was beginning in earnest...and recession was not even in the cards...let alone the word depression...now almost every economic forecast says we are in a recession and some are speaking of a global depression...true??...guess we are gonna find out soon enough.

6) 5 years ago Alex Jones was considered a quack because his views on the coming police state...well PA I and II, the MCA, John Warners Mil Reorg Act, Directives 51 and 20 all point to a well entrenched police state...the upcoming NAU convention in NY has an 18 mile protest restriction zone around it...true??...we are gonna find out soon enough.

7) In 1986 W. Catton wrote Overshoot...the science says we are in overshoot and collapse of the human species is assured...true??...guess we are gonna find out soon enough.

Tyler - I do not want these things to come to pass...but then again as Mick says...you can't always get what you want.

[PrairieMule]

Roc,

As a father of 2 daughters I can relate. The one thing I think we as Dads must do is be the filter of the almighty "What If" at as much of a respectible distance from our kids that we can.

They do not have know points 1 through 7 that you stated ,only that Dad's got it covered. My grandfather was the hard core doomer. In fact he planned to steal a the company jet(he was a pilot for Phillips Oil) and bug out to Austrailia. No kidding, Papa Jack's had a doomers wet dream of a stash in guns and food.

Well doomsday never came and in the process drove his kids nuts with Armeggedon and talk of "what if" the truckers strike.

I personally have learned from his mistakes and incorporate my prep as fun time w/my daughters. Tommorow I'm headed up to the family ranch where my parents are as sober about the future as most of the posters here. The girls just love seeing deer and cows in the open. Catch my drift?

[jboogy]

A lot of what you percieve as desire for the crash is impatience for an event you know is going to happen and maybe expected to have happened by now.There are definately some here who WANT it to happen but I count them in the small minority.Imagine a blindfolded man tied to a chair hearing the cocking and dry-firing of a revolver in his ear over the course of a few hours or days.This man knows that one of these times there will be a bullet in the chamber because his tormenter has told him this.Is it not possible or even probable that eventually the condemned will beg his captor to just shoot him and end it?I think we may be seeing the same phenomenon here only in not nearly such an extreme scale.I've said several times here that I enjoy my life and don't want my lifestyle to change or end,I like the fact that my children are growing up lacking neither essentials nor indulgence items,but I'm a pragmatic man and I've seen the writing on the wall, I've prepared for survival and quite frankly I'm hoping when me and mine come out the other side there will be an environment capable of sustaining life .So yeah, I guess my thinking is the sooner power down and die-off occur the better shape the planet will be in when the dust settles,I'm also a little pissed at what man is doing to mother earth and I wouldn't mind seeing her deliver a righteous ass kicking or two in order to even things up a little.I guess Tyler you could put me in the middle,I wouldn't mind living just like I've been living till I die of whatever at 90 years old,but I KNOW that things are going to turn to big-time shit in the near future so I'll embrace that and make the best of it I can.

[TommyJefferson]

You guys are behaving like real wet-blankets on the doom party.

I'll meet you half way. A nice 1987-style 25% reduction would knock some heads around and scare some sense into people.

[gampy]

It's funny. I had read a few blurbs on the internets about the current Dow "fluctuation", and sure enough, there were half a dozen threads of people wanking off to the thought of the "collapse".

This is going to go on for some time I think. I am in no way eager for economic meltdowns, depressions, or shit flying from fans.

I have a job I would like to keep, and stuff I want to do before western consumerism goes south.

I am not optimistic, but I don't blow my load when the DOW loses 200 points. Yeah...some folks seem to have a fetish for this stuff.

Perhaps they are just looking for some kind of confirmation of their fears, or "the I told you so" syndrome.

If the shit starts flying, I won't be happy, but I won't be surprised.

[I_Like_Plants]

I am sick enough of the state religion of consumerism, and thing-ism, and "you are your stuff" etc., that I'm willing to get away from it w/o having to have a crash to push me.....

The greater world at large is not very peak-oil aware, but notice there's quite a bit of backlash against consumerism. From stupid things like "Simple" magazine, to the book "Better Off" by Brende, people are finding they're a lot happier living owning less and consuming less.

[eXpat]

$this->bbcode_second_pass_quote('I_Like_Plants', 'I') am sick enough of the state religion of consumerism, and thing-ism, and "you are your stuff" etc., that I'm willing to get away from it w/o having to have a crash to push me.....

The greater world at large is not very peak-oil aware, but notice there's quite a bit of backlash against consumerism. From stupid things like "Simple" magazine, to the book "Better Off" by Brende, people are finding they're a lot happier living owning less and consuming less.

[Ferretlover]

Waiting for the different crashes is like going to some 'cult' movie where everybody knows what is going to happen, and tries to warn the chararcters in the movie.... The characters just keep going on, oblivious to what is going to happen because that is how someone else wrote the script. Reality is suspended for the the characters and there's nothing the viewers can do about it.

[Twilight]

$this->bbcode_second_pass_quote('eXpat', 'I') wish that were true around here, i still can see placards in the buses saying "Born to Shop"

[zannebee]

$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('zannebee', '.')..Where the fear is gone there will be nothing. Only I will remain.

[jasonraymondson]

The stocks made a slight rebound today because of how well the brown bush meeting went. I imagine that if Brown has said he wants to pull out all european support we would have seen a 600 point loss.

[Lore]

$this->bbcode_second_pass_quote('jasonraymondson', 'T')he stocks made a slight rebound today because of how well the brown bush meeting went. I imagine that if Brown has said he wants to pull out all european support we would have seen a 600 point loss.