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PeakOil is You

THE Economists and Oil Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby bencole » Sun 29 Mar 2009, 19:53:40

$this->bbcode_second_pass_quote('wisconsin_cur', 'A')nd I can admit when I make a logical fallacy; the pointing out of which was my entire point. Can you?

Humour can often afford a logical fallacy or two, it's no big deal. Anyways, I suggest forgetting about logic as a philosophy to live by in this day and age, you'll find things tend to make more sense.
$this->bbcode_second_pass_quote('', 'O')h, you may lend money to the government (which says something about your judgment not your generosity) and is not the subject of this current crisis.

Tell that to the Chinese investors buying treasuries to support the US Gov. I have to disagree, the US massive national debt is a central theme to the current economic crisis.
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CIBC's Chief Economists Quits/Warns of Peak Oil

Postby wisconsin_cur » Sun 29 Mar 2009, 19:55:39

Oh and the beheader was a nationalized Canadian citizen. Or maybe they are not real Canadians? Can you admit that you are wrong about that?

:lol:

wiki: the murder of Tim McLean

What is this I hear about how well informed Canadians are? Their great education system?



Thanks for Barbara Budd by the way. Love the CBC. I wish I could listen to it more often.
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby wisconsin_cur » Sun 29 Mar 2009, 19:58:22

$this->bbcode_second_pass_quote('bencole', '')$this->bbcode_second_pass_quote('wisconsin_cur', 'A')nd I can admit when I make a logical fallacy; the pointing out of which was my entire point. Can you?


Humour can often afford a logical fallacy or two, it's no big deal. Anyways, I suggest forgetting about logic as a philosophy to live by in this day and age, you'll find things tend to make more sense.

$this->bbcode_second_pass_quote('', 'O')h, you may lend money to the government (which says something about your judgment not your generosity) and is not the subject of this current crisis.



Tell that to the Chinese investors buying treasuries to support the US Gov. I have to disagree, the US massive national debt is a central theme to the current economic crisis.


Past was land values, the bets related to them and the solvency of banks/insurance companies and others.

American debt will be next week. Right now it is just rumor and talk. When the interest rates start to rise then we'll be talking an actual crisis.
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby bencole » Sun 29 Mar 2009, 20:05:21

$this->bbcode_second_pass_quote('wisconsin_cur', '
')
No morality implied there :roll:


Whatever is implied to you is simply your interpretation of what was written, which is cool, everything is subjective.


$this->bbcode_second_pass_quote('', 'Y')ou could simply say "no, I can not admit it when I say something logically unsound."



This is way of topic, but I think you'll find it interesting. The failure of logic as a way of thinking is best illustrated by the turing test IMO. check it out.

http://en.wikipedia.org/wiki/Turing_test

$this->bbcode_second_pass_quote('', 'H')ave fun with your moralizing.


OK I will I guess :roll: , have fun with your nationalized banking system. :)
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby bencole » Sun 29 Mar 2009, 20:23:12

$this->bbcode_second_pass_quote('wisconsin_cur', '
')
$this->bbcode_second_pass_quote('', 'O')h and the beheader was a nationalized Canadian citizen. Or maybe they are not real Canadians? Can you admit that you are wrong about that?

:lol:


Most immigrants consider their land of native birth to be who they are in my experience, regardless of citizenship,I don't see why this is unusual to you.
This particular individual lived 35 of his 40 years in China and never learned to speak english or french on his arrival, So yes I would consider him to be Chinese. And based on his total disregard for the laws in Canada, I would suspect he didn't consider himself Canadian either.
I also have several friends who live in the USA and have received citizenships, but they still consider themselves Canadian, so I don't see the relevance of your point.

anyways this is way off topic, we were talking about banksters and banking cartels...err systems :)
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby bencole » Sun 29 Mar 2009, 20:34:45

$this->bbcode_second_pass_quote('wisconsin_cur', '
')
American debt will be next week. Right now it is just rumor and talk


No, I'm afraid the $11 trillion US debt is quite real,( your personal share is almost $40000, have fun) sorry to break that to you. It would be nice if it were a mere rumor. I think your underestimating the gravity of the situation.

$this->bbcode_second_pass_quote('', '.') When the interest rates start to rise then we'll be talking an actual crisis.


Actually, depending on who you ask, the sign of dropping interest rates is also indicative of a crisis
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby wisconsin_cur » Sun 29 Mar 2009, 20:44:05

Of course it is real but it "just talk." IE people are just talking about it, check out interest rates on the treasury right now. It will be real; it will be the problem of the moment when those rates start to rise.

Really, admit that you were wrong about the Canadian citizen who murdered another Canadian citizen

or that one banker leaving his job to push his book does not say anything about "Canadian banksters" versus "American banksters"

Or you can continue to try to construe what I say to make it look like you are right about something. But I think I will remember what my mother use to say,

$this->bbcode_second_pass_quote('mama cur', 'D')on't worry about it dear, a waste is a terrible thing to mind
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Re: CIBC's Chief Economists Quits/Warns of Peak Oil

Postby bencole » Sun 29 Mar 2009, 20:55:30

$this->bbcode_second_pass_quote('wisconsin_cur', '
')
Really, admit that you were wrong about the Canadian citizen who murdered another Canadian citizen

or that one banker leaving his job to push his book does not say anything about "Canadian banksters" versus "American banksters"


Ok, I'll admit I'm wrong about everything, if you admit you are wrong about everything, that should be fair right? :)
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Economist don't get it.

Postby halfgallon » Sat 16 Jan 2010, 14:20:15

I was reading the international forecaster this morning and came across this article. Cheap oil is gone and thats the good news.

http://news.goldseek.com/GoldSeek/1263591623.php

The article actually has some pretty good statistics about oil depletetion, but completely misses the point on the effects leaving most readers to believe that escalating oil prices and supply shortages will be no more than great opportunities to make more money and live a more grand life.
I wonder how rich he'll feel he has to wait in line for 3 hours for gas rations and can't find that imported cheese from denmark down at the safeway anymore.
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Re: Economist don't get it.

Postby shortonsense » Sat 16 Jan 2010, 17:22:18

$this->bbcode_second_pass_quote('halfgallon', 'I') was reading the international forecaster this morning and came across this article. Cheap oil is gone and thats the good news.


It might be good news, but it is also 40 years old.

$this->bbcode_second_pass_quote('halfgallon', '
')
The article actually has some pretty good statistics about oil depletetion, but completely misses the point on the effects leaving most readers to believe that escalating oil prices and supply shortages will be no more than great opportunities to make more money and live a more grand life.


Matthew Simmons in his book "Twilight in the Desert" says about the same thing. It is as reasonable an assumption as anything else I suppose.

$this->bbcode_second_pass_quote('halfgallon', '
') I wonder how rich he'll feel he has to wait in line for 3 hours for gas rations and can't find that imported cheese from denmark down at the safeway anymore.


We waited longer than that during the energy crisis during the 70's, or the rationing which happened later, and certainly if all we miss is some foreign cheese at safeway I say good deal, support your local dairys rather than some cranky Europeans.
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Re: Economist don't get it.

Postby dsula » Sat 16 Jan 2010, 18:22:38

$this->bbcode_second_pass_quote('shortonsense', 's')upport your local dairys rather than some cranky Europeans.



yeah, but the danish just make the better cheese,
and the swiss the better chocolate,
and the germans the better beer,
and the italians the better sausage
and the french the better bread

americans only make ketchup, and it doesn't even taste that good.

:( no more german beer
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Re: Economist don't get it.

Postby mos6507 » Sat 16 Jan 2010, 18:58:36

$this->bbcode_second_pass_quote('halfgallon', '
') I wonder how rich he'll feel he has to wait in line for 3 hours for gas rations and can't find that imported cheese from denmark down at the safeway anymore.


You're expecting objectivity from a site called GOLDSEEK.COM?
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Re: Economist don't get it.

Postby shortonsense » Sat 16 Jan 2010, 19:13:22

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('halfgallon', '
') I wonder how rich he'll feel he has to wait in line for 3 hours for gas rations and can't find that imported cheese from denmark down at the safeway anymore.


You're expecting objectivity from a site called GOLDSEEK.COM?


The same could also be said for others mos....
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