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THE S*** Hits the Fan (TSHTF) Thread (merged)

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Baldwin » Thu 16 Aug 2007, 14:50:27

$this->bbcode_second_pass_quote('TheDude', 'U')ndoubtedly someone has explained this to you but you'd do well to listen to more balanced analysis, than taking as gospel the pronouncements of someone like Savinar who says we'll see nuclear war within the year. When oil pushes past $100 who knows, he may be right - most others say we'll simply face more economic turmoil.

How vulnerable to oil shocks are we, really? From Aug 12. Good reading, unless you're just trolling.


$this->bbcode_second_pass_quote('', 'D')on't worry the economic collapse will keep the price from going too high...

-G


We might be onto something here. Economic collapse might just prolong the oil age. As long as there is oil, the powers that be can continue to masquerade as all powerful gods with their cameras, goon squads etc. Subjecting the first world to economic hardship and decreased spending will certainly reduce consumption of oil and stretch what's left.

That would explain why TPTB are orchestrating this meltdown and why the talking heads are trying to keep as many people invested in wall street to the highest capacity possible.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Roccland » Thu 16 Aug 2007, 15:08:30

$this->bbcode_second_pass_quote('Baldwin', '')$this->bbcode_second_pass_quote('TheDude', 'U')ndoubtedly someone has explained this to you but you'd do well to listen to more balanced analysis, than taking as gospel the pronouncements of someone like Savinar who says we'll see nuclear war within the year. When oil pushes past $100 who knows, he may be right - most others say we'll simply face more economic turmoil.

How vulnerable to oil shocks are we, really? From Aug 12. Good reading, unless you're just trolling.


$this->bbcode_second_pass_quote('', 'D')on't worry the economic collapse will keep the price from going too high...

-G


We might be onto something here. Economic collapse might just prolong the oil age. As long as there is oil, the powers that be can continue to masquerade as all powerful gods with their cameras, goon squads etc. Subjecting the first world to economic hardship and decreased spending will certainly reduce consumption of oil and stretch what's left.

That would explain why TPTB are orchestrating this meltdown and why the talking heads are trying to keep as many people invested in wall street to the highest capacity possible.


Fact is the trigger for this depression was the sub prime meltdown.

ARMs had a 3-5 year trigger put on them 3-5 years ago.

Oh - this is by design and it is for the reasons you mention...no cash...no gas.

See - PO was gonna bring the depression on one way or another.

This way it is on "their" terms.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby EndOfGrowth » Thu 16 Aug 2007, 15:45:01

$this->bbcode_second_pass_quote('Roccland', '')$this->bbcode_second_pass_quote('Baldwin', '')$this->bbcode_second_pass_quote('TheDude', 'U')ndoubtedly someone has explained this to you but you'd do well to listen to more balanced analysis, than taking as gospel the pronouncements of someone like Savinar who says we'll see nuclear war within the year. When oil pushes past $100 who knows, he may be right - most others say we'll simply face more economic turmoil.

How vulnerable to oil shocks are we, really? From Aug 12. Good reading, unless you're just trolling.


$this->bbcode_second_pass_quote('', 'D')on't worry the economic collapse will keep the price from going too high...





Fact is the trigger for this depression was the sub prime meltdown.

ARMs had a 3-5 year trigger put on them 3-5 years ago.

Oh - this is by design and it is for the reasons you mention...no cash...no gas.

See - PO was gonna bring the depression on one way or another.

This way it is on "their" terms.


Rocc, this sounds like conspiracy theorist tripe. Peak Oil is a significant contributing factor why people are defaulting on their mortgages. The ensuing mortgage meltdown has not been engineered by the gvmnt.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Roccland » Thu 16 Aug 2007, 15:54:06

$this->bbcode_second_pass_quote('', 'R')occ, this sounds like conspiracy theorist tripe. Peak Oil is a significant contributing factor why people are defaulting on their mortgages. The ensuing mortgage meltdown has not been engineered by the gvmnt.


Yeah well when Greenscum told everyone to run out and get a toxic loan...I think it was by design.

The joys of blogging...we all get to have an unsubstantiated opinion.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby JRP3 » Thu 16 Aug 2007, 20:11:54

$this->bbcode_second_pass_quote('Rabbit', 'T')he down side is that you would find yourself looking for children to have sex with.

Put down the bible, and get your head out of your ass. The bible was written published and printed by people.

If you want to help people, apply yourself to educating people about the changes they need to make in the transition to a post oil world.


Damn, that was priceless, bravo [smilie=eusa_clap.gif] [smilie=icon_cheers.gif]
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby wisconsin_cur » Thu 16 Aug 2007, 21:15:09

$this->bbcode_second_pass_quote('Baldwin', 'I')f I am lucky, I will need this cherade to really hold for 12 months, 18 comfortably, and any more is gravy.

I wager that we can keep this up until 2010. It'll be increasingly difficult as we grind through '08 and '09, but I wouldn't start with "end of life as we know it" talk until 2010. We shouldn't underestimate a power-hungry, albeit dying, lion's ability to carry on.

I feel extremely helpless and desperate. I am stuck in suburbia and will very likely be stuck in my senior year of high school. Do you know how miserable it will be to watch my civilization unwind glued to a chair listening to some sheep proselytize or dried up English major assign a paper that disappears and presumably is enver read? (I go to a Catholic school and the priests/brothers can be rather....overconfident at times. I say this and yet I aspire to be a priest, but I must be honest).

I honestly want to quit senior year, just take the GED tests ( I've covered the material), and pursue priestly aspirations. (It would dramatically reduce my fossil fuel use, as I'd pretty much read books and teach CCD/catechist classes for an hour at 4pm at the local parish school. I would walk to the school). The one problem is that the priestly aspirations might be damaged by not completing that last year and earning a high school diploma, rather getting a GED.


Let me just encourage you to put your head down and push through toward whatever the future holds for you. As a priest, brother or a layman the church (I'm an Anabaptist so I'm speaking broadly) will need all of the young leadership it can get.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Revi » Thu 16 Aug 2007, 22:29:43

I would say that finishing high school is a good move whatever happens. You will find that the time is going to fly. Senior year can be fun. After high school you'll have some options. The best place to be in hard economic times is in school.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby larry00 » Sun 19 Aug 2007, 00:51:54

I can't fathom why China would threaten their largest customer but they do.
They continue to use a false cheapened Yen or yang whichever it is .
They regularly threaten to dump dollars but we are not at all in bad shape.
It looks bad but their cheap stuff does give our standard of living a big boost compared to the dollars spent.
Foreign investors own only 21 percent of our national debt but they in turn buy at least some of our products which can be subtracted from the total.
Any downturn in economies will reduce the price of energy here and so far the boondoggle Ethanol has raised prices more than Gasoline.
Sounds corny I know but someone in Congress was taken for a ride by the corn interests.
Just how many lobbyists does ADM have anyway.
144 acres of corn [85 percent Ethanol ] to power a mid size car 10,000 miles a year !
Ethanol gets 22 to 28 percent less gas mileage than reg. gas and since it has basically the same amount of CO2 emissions per gal burned it pollutes CO2 gas even more.
All at a time when Congress mandated higher cafe mileages for new cars.
Wait till you get the bill for automakers converting to 32 volt system to power Brakes , Steering , Air Conditioning to gain mileage. Yes they will be less safe too.
3 to 4 gallons of fresh water to make a gallon of Ethanol !
Las Vegas even with new pumps and a new pipeline in the works will run short of fresh water in three years.
Drudge report today .
China is polluting the Yangtze River valley that has 49 percent of the population and raises 49 percent of the food with heavy metals from mining upriver.
The floods wash it down and the farmers pump it to the fields to irrigate the crops.
The Indian ocean will join the Dead sea soon.
An India of course after stripping and deforesting the country is running short of fresh water.
The largest City in Chad has water turned on for 30 minutes a week.
Look for water wars and associated problems with shortages of food before TSHTF here.
I wouldn't worry too much about the CO2 since the ocean floor during warming periods releases 10,000 times more CO2 gasses than all humanity in a year.
Increases of CO2 follow warming not the other way around like some believe.
The Ice cores for the last 900 ,000 years support that theory not the other way around like Gores movie says.
Methane another greenhouse gas is 6 times worse as a greenhouse gas but only the Vegans are calling for everyone to shun meat to save the planet.
Thats kind of disingenuous at the least.

A lot of worries out there but I think some idiots already here or yet to cross the border probably escorted by the Mexican Army driving US donated trucks will end up killing a few hundred citizens in places like elementary schools , malls , maybe a chemical plant or two , a little E Bola in a large enclosed auditorium , those will be enough to ruin our economy for a while and without an economy no army or bullets then we are o protected.

Then there's also the ever popular 30 cent bullet in Musharraf's brain and guess what?
Yep thats right , then the Al Qaeda types have Lot's of Nukes and the delivery systems and the man that designed them and made it possible.
Mushroom cloud dreams anyone.
The latter could happen in the next ten minutes.
20 years ago I used to laugh at survivalists .
You don't see me laughing anymore.
I am taking a lot of trips to New Mexico these days .
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Aaron » Mon 20 Aug 2007, 13:40:02

[web]http://www.timeanddate.com/counters/customcounter.html?month=5&day=6&year=2007&hour=12am&min=2&sec=0&p0=137[/web]
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.

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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby IrrationalExuberanceMonky » Mon 20 Aug 2007, 17:48:18

$this->bbcode_second_pass_quote('TWilliam', '')$this->bbcode_second_pass_quote('Rabbit', 'P')ut down the bible, and get your head out of your ass. The bible was written published and printed by people.

If you want to help people, apply yourself to educating people about the changes they need to make in the transition to a post oil world.


Amen.

I've never been able to understand how people miss the fact that "Big Daddy In the Sky" is no different than "Fat Man In Red Suit" or "Giant Bunny Who Lays Multicolored Eggs". Most people relegate the latter two to their rightful place as mythological icons by the time they're 10 years old or so. Why the first doesn't go right along with them is truly puzzling...


Well now, that there is hate speech, which is why we don't want any folks talking about scientology. Beliefs are to be respected, whatever their stupidity. Could Tom Cruise and John Travolta BOTH be wrong about XENU? I think not. :) 8)
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby gnm » Mon 20 Aug 2007, 17:53:34

$this->bbcode_second_pass_quote('larry00', '
')LONG RANT +

20 years ago I used to laugh at survivalists .
You don't see me laughing anymore.
I am taking a lot of trips to New Mexico these days .


[smilie=dontknow.gif]
Why New Mexico....?

-G
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby aflatoxin » Tue 21 Aug 2007, 01:48:35

$this->bbcode_second_pass_quote('gnm', '')$this->bbcode_second_pass_quote('larry00', '
')LONG RANT +

20 years ago I used to laugh at survivalists .
You don't see me laughing anymore.
I am taking a lot of trips to New Mexico these days .


[smilie=dontknow.gif]
Why New Mexico....?

-G


Think Albuquerque...

Best place on earth to learn how to deal with armed zombie hordes :lol:
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby coyote » Mon 03 Sep 2007, 02:33:22

$this->bbcode_second_pass_quote('TheDude', '')$this->bbcode_second_pass_quote('PraiseDoom', 'T')he Prophets don't speak of "long and slow declines which nobody will notice" they speak of DOOM.

Zombies, parked food transport trucks, airplanes falling out of the sky. Poor mouthing the effects a vast majority expected just a couple of years ago does disservice to historical perspective.


Undoubtedly someone has explained this to you but you'd do well to listen to more balanced analysis, than taking as gospel the pronouncements of someone like Savinar who says we'll see nuclear war within the year. When oil pushes past $100 who knows, he may be right - most others say we'll simply face more economic turmoil.

How vulnerable to oil shocks are we, really? From Aug 12. Good reading, unless you're just trolling.

He is. Though the airplanes falling out of the sky was actually funny. There's a first time for everything...

Good article, btw.
Lord, here comes the flood
We'll say goodbye to flesh and blood
If again the seas are silent in any still alive
It'll be those who gave their island to survive...
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Best way to prepare for when TSHTF?

Unread postby raober » Sat 29 Sep 2007, 16:38:51

But of course!!

$this->bbcode_second_pass_quote('', 'F')OND DU LAC, Wisconsin (AP) -- Someone is either too cheap to buy his own toilet paper or planning a big prank.

Fond du Lac County Executive Allen Buechel said someone has been repeatedly stealing toilet paper from the men's public bathrooms at the Fond du Lac City County Government Center since June.

Buechel suspects the person comes in once or twice a week around midday and gets about six rolls a week from dispensers. Some rolls weren't even full, he said.

The thefts haven't been a big loss.

"We don't buy the best toilet paper," Buechel said.

He expects the thief to get caught. "Someone is going to walk in on him when he's doing it and we'll catch him," he said.

Courthouse officials are on the lookout for suspicious activity.

County sheriff Capt. Dean Will didn't return a call for comment Friday.


http://www.cnn.com/2007/US/09/29/toilet ... index.htmlhttp://www.cnn.com/2007/US/09/29/toilet.paper.ap/index.html
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Re: Best way to prepare for when TSHTF?

Unread postby bodigami » Sat 29 Sep 2007, 16:55:51

Beautiful, "we" are after third rate thiefs (because of necessity) instead of war machines and the states that feed and lead them.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby eXpat » Thu 20 Dec 2007, 17:40:09

Not a happy prognosis for the economy in 2008, article

$this->bbcode_second_pass_quote('', 'A')n avalanche comes in 2008. Its wreckage will hit both the USEconomy and banking world. The greatest deception in the bank sector this year has been the misrepresentation of the mortgage debacle as a subprime problem. That is akin to calling an iceberg only a problem for what one can see, when 90% of its mass lies below water. Ice is lighter than water
...

The new 2008 year will smash that notion, as an absolute avalanche of failed mortgages will slam the bank system and financial sector in general, the majority being prime mortgages. SHOCK & AWE IS RIGHT AROUND THE CORNER ON PRIME MORTGAGES, A FACT THE BANKERS ARE KEENLY AWARE OF!!! The villainous failed mortgages have a few traits in common. These primes are adjustable rate mortgages (ARMs) with harsh resets. They contain destructive features certain to cause as much pain as laughter for their insanity. Recall they are prime mortgages with lax features resembling subprime loans without the higher rates. A reaction to the incredibly flimsy inadequate Subprime Mortgage Freeze Plan, with dire descriptions of the prime mortgage avalanche can be found in the December special report to the Hat Trick Letter, entitled “National Bailout & Looming Mortgage Disaster.”
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby Revi » Thu 20 Dec 2007, 23:47:12

That's really scary Expat. Those of us still here in the "homeland" are going to have a really scary ride in the new year. I think that this is the beginning of the unravelling of the US economy. Peak oil is behind it, but only we know that. The whole fiat money thing is just a way to keep the masses buying things and keep the economy going. With less energy, there's less stuff, and therefore each fiat dollar is worth less.

Those people underwater in an ARM or interest-only mortgage are going to dump their houses on the bank soon. A lot of people will just give up. It feels like the beginning of the depression. By this time next year we'll be in real trouble.
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby eXpat » Fri 21 Dec 2007, 04:23:02

You can say that again Revi, it seems to me that TPTB have all used up their bags of tricks this year, lower rates, print money, etc. I've made up my mind to celebrate this christmas like the last one of the life we are used to know, next year i reckon trully the age of scarcity begins :(
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby uNkNowN ElEmEnt » Fri 21 Dec 2007, 08:25:57

Could some one please explain what real effects there will be with this? Example, my bank took a $5 billion hit. So bloody what! So they will only post $7 billion in profits this year instead of $12 like last. So?

They won't make as much, the government is probably going to find some way to give them some of our tax money and everyone goes on with business as usual. Where really is the big problem?
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Re: We probably have less than 12-to-18 months before TSHTF

Unread postby MrBill » Fri 21 Dec 2007, 10:04:02

$this->bbcode_second_pass_quote('uNkNowN ElEmEnt', 'C')ould some one please explain what real effects there will be with this? Example, my bank took a $5 billion hit. So bloody what! So they will only post $7 billion in profits this year instead of $12 like last. So?

They won't make as much, the government is probably going to find some way to give them some of our tax money and everyone goes on with business as usual. Where really is the big problem?



The problem is two-fold. One the banks get more choosey about who they lend to. A general credit tightening. Secondly, it is fractional banking in reverse. As the banks struggle to maintain their capital adequacy ratios (CAD) they have less to lend on the margin.

So take an initial $300 billion out of the banking system, and in the absence of fresh capitalisation, the liquidity of banking system contracts by say $3 trillion.

That may be too high, but some investment banks estimate the net loss to be somewhere up to $2 trillion in anycase. During a booming economy that size of loss might be easily absorbed, but in a decelerating economy that slack is not so easy to take-up.

The US at various levels of government - federal, state and municipal - has to compete for that borrowing, and along with the trade deficit and net outflow of capital from the balance of payments (BOP) may need $1 trillion itself to plug its current account deficit.

The Treasury plan to put a moratorium on foreclosures, and draw-out the repayment period for ARMs to five or more years, just adds more uncertainty to the banks' lending decisions. That and, of course, it caps their future profitability as they are stuck providing low-cost loans even as their cost of refinancing increases.

What's worse for the economy than a $300 billion banking loss? A $300 billion loss with no new business coming in through the frontdoor! ; - )

And assets that cannot be refinanced have to be sold into a soft market with a dearth of buyers, so it puts downward pressure on all asset prices. This may be good in the long-run, but the losses are asymmetrical. i.e. They may not be made by those who can afford them, but perhaps by those that can least afford them.

Do not forget that so far these losses have been primarily contained in the banking system. That may be because they are the ones most able to take those losses because as you pointed out they made profits and have an earning cushion. But all those credit products that were bundled-up in asset backed securities were then sold outside the banking system. The risks banks did not want on their balance sheets. Okay where are those assets now? Who is holding them? What are they really worth? And when will those secondary losses become public? 2008!
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