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Menelaus
21 Jun 12 09:54
Joined:
Date Joined: 03 Feb 05
| Topic/replies: 6,745 | Blogger: Menelaus's blog
Eeternaloptimist     20 Jun 12 01:04 
I'd guess it is like the great inflation/deflation debate. The market wants to recorrect but the government has strived to stop this happening. The fight is ongoing. It would be a brave man to call it definitively. On balance I'd favour the line that in a fiat system there is no limit to the number of noughts the government can put on the currency. Given that the question remains how badly do they want to support things? Pretty bad is my hunch. I'd slightly favour holding something, anything, of value at this stage
.




Posting a plain vanilla statement like "slightly favour holding something", in the midst of this central bank printing orgy, would be akin to someone letting us know that they like apple pie……..slightly.

Here's something you're not going to find in this morning's financial pages which is evidently where your knowledge of economics is coming from:

It's over. It's not a "brave man" that will call this, the power of the exponential function already has. It's just that you haven't clued in yet.

Everyone who's thought important enough to have their name appear in the media describes this financial crisis as a "problem". The word "problem" subconsciously suggests that there is a "solution". That's precisely what they want mugs like you, and the "we'll muddle through" I-have-nothing-to-say-white-space guy, to think. This isn't a problem, it's a predicament without a solution.

What non-armageddon scenario has interest rates at ZERO (remember we're on a dollar standard, in case that last sentence confused you) for four years now, with no end in sight? What scenario says that money……costs nothing?

What non-armegeddon scenario has every significant central bank expanding the money supply with no end in sight, and without making a dent on this monster?

What non-armagedon scenario has central banks throwing close to 50 trillion at this "problem", yet here we are not a step further in creating real growth?

I could go on but hopefully you get the point. You're not stupid after all, just hurt and not literate enough in economics to post a credible opinion on a financials forum.

It's over.


When there is an exponential divergence between real economic growth and debt/credit expansion (that's what we've had for 30 years), and a monetary system that relies on exponential organic growth to pay the coupon and avoid the ultimate margin call, collapse is certain. Go back and read that last sentence over a few times……CERTAIN. All things, including credit revert back to the mean. Debt has continued expanding while real organic growth has receded. That's what "financial engineering" did through the creation of a fictitious wealth, a mountain of derivatives that dwarfed real production. There's no way out. It's over. Most people like you don't see it because the banking cartel is trying it's damnedest to prop this dead corpse up until a miracle comes along. No miracle is coming.

There's only two paths to choose from here. Allow the bad debt to clear the system, allow banks to fail, the financial system collapses, faith in fiat money is lost. Or, hyperinflate the debt away, the financial system collapses, faith in fiat money is lost. Both paths end up at the same place. The outcome is predetermined, all central banks are doing right now is buying time, hoping for a miracle. Then they'll choose the second path, because it has always been their choice in the past. The only difference is that this time it's global. After all, there has *never* been a single example of a financial and/or currency collapse, ever since banking cartel invented the concept of coloured paper created out of thin air as debt to be used as money, due to deflation. There are hundreds of examples however of a currency collapse due to hyperinflation.

You don't belong here. You should have kept to spewing drivel and angry insults as part of the "benny the clown halfwit cartel". The first time you posted about something remotely considered commenting on economics you exposed your vast ignorance spoon fed to you by banking cartel propaganda.

I have no problem with you hanging around though, perhaps I can help. For you have colourful prose and graceful syntax but I'm another kind of poet.

Happy
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Report Eeternaloptimist June 26, 2012 7:48 PM BST
Everyone who's thought important enough to have their name appear in the media describes this financial crisis as a "problem". The word "problem" subconsciously suggests that there is a "solution". That's precisely what they want mugs like you, and the "we'll muddle through" I-have-nothing-to-say-white-space guy, to think. This isn't a problem, it's a predicament without a solution.

What non-armageddon scenario has interest rates at ZERO (remember we're on a dollar standard, in case that last sentence confused you) for four years now, with no end in sight? What scenario says that money……costs nothing?

What non-armegeddon scenario has every significant central bank expanding the money supply with no end in sight, and without making a dent on this monster?

What non-armagedon scenario has central banks throwing close to 50 trillion at this "problem", yet here we are not a step further in creating real growth?

I could go on but hopefully you get the point. You're not stupid after all, just hurt and not literate enough in economics to post a credible opinion on a financials forum.

It's over.


When there is an exponential divergence between real economic growth and debt/credit expansion (that's what we've had for 30 years), and a monetary system that relies on exponential organic growth to pay the coupon and avoid the ultimate margin call, collapse is certain. Go back and read that last sentence over a few times……CERTAIN. All things, including credit revert back to the mean. Debt has continued expanding while real organic growth has receded. That's what "financial engineering" did through the creation of a fictitious wealth, a mountain of derivatives that dwarfed real production. There's no way out. It's over. Most people like you don't see it because the banking cartel is trying it's damnedest to prop this dead corpse up until a miracle comes along. No miracle is coming.

There's only two paths to choose from here. Allow the bad debt to clear the system, allow banks to fail, the financial system collapses, faith in fiat money is lost. Or, hyperinflate the debt away, the financial system collapses, faith in fiat money is lost. Both paths end up at the same place. The outcome is predetermined, all central banks are doing right now is buying time, hoping for a miracle. Then they'll choose the second path, because it has always been their choice in the past. The only difference is that this time it's global. After all, there has *never* been a single example of a financial and/or currency collapse, ever since banking cartel invented the concept of coloured paper created out of thin air as debt to be used as money, due to deflation. There are hundreds of examples however of a currency collapse due to hyperinflation.


Vintage Mises. Wink
Report Eeternaloptimist June 26, 2012 7:51 PM BST
I advocate no such nonsense nor do I believe deflation should be feared. Only the banking cartel fears deflation because it destroys their members and exposes the ponzi that today's monetary system really is. That's why they ALWAYS opt for debasing the currency as opposed to letting deflation run it's course. Remember, the outcome is predetermined, the path can be different but central bankers ALWAYS choose the same "print money" path. Just study history.

I can understand however how you can confuse some of the ideas I'm posting with Friedmanism. I too believe in free-market economics and would like to abolish the FED but I also want a much smaller, less intrusive, less controlling government and certainly don't believe in social shock programmes to achieve the economic state nirvana and social panacea that Friedman envisioned in his ideology.


And again. Pure Austrian School.
Report Eeternaloptimist June 26, 2012 7:51 PM BST
You know they don't eat babies don't you? Out yourself.
Report Menelaus June 26, 2012 7:54 PM BST
Wow, impressive, three "hey, look over there" posts on the trot. Laugh

Listen mate, people are like water, they seek their own level. If you can't keep up with this stuff, take it up with your parents. Ranting like a fecking lunatic on here will get you nowhere.

Cheers.
Report Menelaus June 26, 2012 7:56 PM BST
Ooops, four, my bad Laugh

In between trying to read magazines to catch up with this "economics" stuff, try and do some research on "involuntary responses". You night just clue in how someone can just push your button and get you to "explode" in four nonsensical posts on the trot.

Laugh
Report Eeternaloptimist June 26, 2012 8:11 PM BST
It is all there in those posts. Take your time. Then tell me why your views expressed in them isn't most closely associated with the Austrian School? When you have done that perhaps you can clarify why you shied away from identifying yourself as such and chose to identify yourself with an economist whose prescription, prognosis and basically whole economic life view you fundamentally disagree with but who happens to arrive at a view which broadly agrees with the basic problem as identified by Mises through deductive reasoning?

You can do it really simply if you think this is beyond me. Wink
Report FINE AS FROG HAIR June 26, 2012 8:19 PM BST
Bigot = A person who holds an opinion obstinately and is intolerant towards those who think differently.
Menelaus is a classic case.
Report FINE AS FROG HAIR June 26, 2012 8:28 PM BST
I'll answer for Menelaus.
Austria is so yesterday.
Happy now EO ?
At least it's an answer that is probably as good as anything you are ever likely to drag out from Menelaus.
The man is just not for eating humble pie, no matter how small the portion and how much cream you're offering with it.
Report Menelaus June 26, 2012 8:47 PM BST
I don't "think" this is beyond you, I "know" this is beyond you.

Stringing words together in pretty language may work for you in an "Arts & Literature" forum, but on a financials forum with me around, not so much.

You are wasting my time. I've answered all of your juvenile questions. The only reason you think I haven't is because the answers are totally over your head. While in the meantime you are totally unable to answer any of mine, despite holding your hand and pointing you in the right direction.

Read over what I already posted a few hundred times. You never know, you may have a moment of clarity and all kinds of lights begin to turn on for you. I'm not too optimistic though, you are starting to demonstrate massive stupidity beyond just simply losing control.

Like Banesh Hoffmann once said, there's a big difference between being able to read a watch and understanding the treatment of time in quantum physics
Report Mrben June 26, 2012 9:57 PM BST
ETO has found you out melly.Exposed you ffor your cut and paste economics "intellect"

ETO 1

melly  0

And Froggy nails you with this


AS I said EO, Keen is apparently brilliant when he agrees with Menelaus, and stupid when he doesn't.
A bit like the rest of us apparently.


Froggy  1

melly   0




Bigot = A person who holds an opinion obstinately and is intolerant towards those who think differently.
Menelaus is a classic case.

Spot on!

Froggy   2

melly    0


need extra time to get on the board melly?  Gold 1572$

Gold    1

melly    0
Report FINE AS FROG HAIR June 26, 2012 10:14 PM BST
Menelaus is apparently so far above the combined intellects of all the other economists in the world, that he is having trouble breathing.
More's the pity then that he isn't God, as he seems to be intent of implying he is.
Report Eeternaloptimist June 26, 2012 10:19 PM BST
Was this how subversion et al took him apart or did they do it differently?

Poor Melly. He is starting to resemble a stuck record but I don't think he is going to stray far from his line about it all being there and this being beyond me. What else can he fall back on? He knows nothing about economics or economic theory. He is made of plastic. Of course he has to maintain the invisible logic of, if I can't see it then it must by definition be beyond me, of Melly World. Having said that if it was really there you'd think he wouldn't waste any time in applying the coup de grace by explaining it really simply for someone he thinks is struggling so badly.

One thing the poor man is right about is that this can only end in one of two ways:

He either point blank refuses to look reason in the face, maintains his head in the sand approach which has brought him to this sorry point and he then spends years in therapy or he blows right now and has the meltdown he so richly deserves.

Which is all rather apt given how he sees our economic position.

My money is on head in the sand and him being a dribbling wreck in a few years. Not too much different from now really.
Report Menelaus June 26, 2012 10:37 PM BST
Even your writing is starting to lose its appeal.

I guess there's only so many times one can shout "hey, look over there" on here with colorful language when those incessant shouts become obvious to everyone that they are merely a sign of.......desperation.

You profess to understand monetary theory, yet all you keep dropping in your posts are terms that even five year old children are familiar with and understand only on the surface......just like you.

This will be the third time I ask this. Either have a go or just STFU. Posting another "hey, look over there" will only embarrass you further.

It makes you wonder how the same brilliant mind could have come up with such a flawed idea. I won't give you the answer to this one, if you know post it for all to see. How does this "jubilee" actually take place, why is it such a bad idea, and what are the implications that Keen ignores? Or, I suppose you thought we all wake up one morning to find out that someone(Gov't? CB? Banks?) decided that anyone who owes money, well, just doesn't owe anything anymore? Get to work.








Meanwhile, the real skeleton in the closet continues to stench up the place:

But perhaps the *real* issue you need to wrap your head around is what changed your behavior on here? What's causing you to post incessant rubbish instead of just lurking, or simply just not being around, like you did in the past. What's causing you to write posts for the sake of writing since you are strictly only trying to impress with the language and not with substance. What invisible force is influencing your behavior? What's forcing you to create strawman after strawman (making a fool of yourself) so you can destroy him for "feel good" but rather hollow victories? What's driving your rage against me?


You may be "aware" of Pavlov (those words are EXACTLY what you posted which is also very telling) but you certainly are still blissfully unaware that you willingly became a subject in one of his experiments.
Report FINE AS FROG HAIR June 26, 2012 10:54 PM BST
I'd sort of like to know Keen's reasons for apparently ignoring what Menelaus deems to be so obvious.
But I suppose we would need Keen himself to come on here to debate Menelaus.
Now that would be an interesting event.
I doubt Menelaus would be quite so CERTAIN and arrogant in that scenario.
Report Eeternaloptimist June 26, 2012 11:16 PM BST
Of course he would. He would probably (metaphorically) slap his pecker on the desk and then call Keen an idiot. Why change the habits of a lifetime?
Report Eeternaloptimist June 26, 2012 11:25 PM BST
Melly

You can ask the question as much as you like and until you address the fundamental issue I will keep hitting it back over the net. You are quickly going from broken record to broken man. Do you get up in the morning and demand your supper? No. It would be illogical. Same as your approach here. Why do we need to debate something which neither of us think is a good idea? Unless you need a diversion from the issue. But I will humour you and discuss that with you just as soon as you fully answer my question.

Which remains:

Why don't you identify yourself as a follower of Austrian School economics?

Is it as FineAs says that there isn't enough of an intellectual cache attached to them even though you unknowingly espouse many of their central tenets?

It seems that if you were a woman you would be what my dear old mum used to describe as a fur coat and no knickers kind of gal.
Report FINE AS FROG HAIR June 26, 2012 11:26 PM BST
I think in fact his pecker wuld shrink quite considerably if he was required to face off with Keen directly.
Report FINE AS FROG HAIR June 26, 2012 11:29 PM BST
I personally like fur coat and no knickers types of gals.
So I rather wish you hadn't used that analogy to describe Menelaus.
Report Eeternaloptimist June 26, 2012 11:34 PM BST
FineAs

I genuinely think that he is either so deluded or full of it that he would seek to try and kid Keen with the infamous line, "It's all there in what I have written you idiot. If you can't see it then you aren't very bright are you? Anyway show us your gold you mug."
Report Eeternaloptimist June 26, 2012 11:37 PM BST
Yep. She scarred me for life. How was I to know as a small boy that some of life's greatest pleasures could be experienced with these lusty creatures about whom my mum was so scathing?
Report Eeternaloptimist June 26, 2012 11:39 PM BST
I have a picture in my minds eye of Keen reaching into his trousers after Melly taunts him and pulling out several gold bars whilst uttering the immortal line, "I did say that gold was a barbarous relic but sometimes that is what is needed in barbarous times"
Report Menelaus June 26, 2012 11:41 PM BST
What a surprise, another "hey, look over there" post while evading the *real* questions yet again. This is getting very boring.


Sorry mate, I don't mean to torture you but there's one true and tried method for separating the wheat from the chaff on here. Just ask them a question that the answer can't easily be found by simply googling. I would have *cough cough* respected you *cough cough* a lot more had you said "I heard him say "debt jubilee" in the interview but I have no idea how he proposed the mechanics of such action and what the broad implications to a fractional reserve banking system would be..........and google was no help in finding an answer"




I also can't go on beating you up like this, I won't respect myself in the morning.

I stand guilty as charged for manipulating your behavior on here, for creating giants in your mind when you were charging those windmills, for getting involuntary responses out of you that even Pavlov wouldn't have thought possible…………………but at the end of the day, it's your fault for allowing to happen.

I enjoyed your writing, truly impressive compared to the other members of your halfwit cartel, but unfortunately once we got beyond that………you were just as stupid and ignorant as the rest. No more, no less.

I'm interested in debate/discussion/exchange of ideas with someone who understands economics, not merely one who can spell the word correctly and regurgitate economic buzz words they read somewhere in a magazine.







Remember when I said I would throw you back in the water when I'm good and ready……and not a second sooner. Well, the time in now, you are free to go.

******************************** cuts the line ***********************
Report Eeternaloptimist June 27, 2012 12:01 AM BST
Sorry FineAs but I just can't help myself:

LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

Menelaus

What a surprise, another "hey, look over there" post while evading the *real* questions yet again.

Bravo. Which of course isn't exactly what you are doing. Oh no sir. You aren't evading answering the question. Not at all. You'd never do that. You'd never resort to cheap smoke and mirrors tricks. Not you. The mighty melly. LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

What a fraud. A complete charlatan. Not interested in the least in the exchange of ideas and furtherance of collective wisdom.

Allow me to finish your opening sentence:

Here's how I can tell that.........you don't want me here.

YOUR EGO SIMPLY CAN'T TAKE IT.
Report Menelaus June 27, 2012 12:09 AM BST
Does laughing hysterically when badly bruised make you feel better?

You are a massive halfwit, so much so that you'd give benny the clown a run for his money.

Only massive halfwits stick their face in a meat grinder to see it pulverized and then stick it in again with even more force hoping for a different outcome.

Enjoy this, you remind me of the hapless fellow in black.

http://www.youtube.com/watch?v=2eMkth8FWno
Report Eeternaloptimist June 27, 2012 12:10 AM BST
Which is how you have managed to drive everybody off the forum with only a hardy few able to hold their nose and trawl though your bullshiit. And yet there you are by your own reckoning, the top man rubbing shoulders with the great and the good, generally living the life the "oiks" can only dream about and not a minute to spare. The world is at your feet and anything you want is just a click of your ruby slippers away.

When the reality is that you are here at midnight furiously checking back to see if and how I've responded to your posts. I've got an excuse. I'm not a master of the universe. Why are you here when you could be living the high life with Seth and the boys? LaughLaughLaughLaughLaughLaugh
Report Eeternaloptimist June 27, 2012 12:18 AM BST
Make your mind up. One minute you class me as a smart chap. Then after I bulldoze you I'm suddenly a massive halfwit. If you are right now then you clearly weren't a very good judge then. No wonder you are skint and having to live a vicarious high life through the well heeled people you see as you press your nose up against the windows of those smart restaurants. You are worse than one of Dickens' urchins. At least they looked on knowing the reality but dreaming they were invited to the feast. You have managed to convince yourself that you were there all along and not serving the drinks.
Report Eeternaloptimist June 27, 2012 12:19 AM BST
I'm off to bed now but I must ask if somebody knows a doctor who can check our friend over to see if he is fit to continue?
Report Menelaus June 27, 2012 12:21 AM BST
Yeah, of course, you're off to bed.......LOL.

The problem with a halfwit like you is not so much that you are too stupid to know when you are outsmarted and toyed with but rather being too dumb to know when you lost..........and keep coming back begging for more.

Try a basic course in economics first, then come back and test your "skills" again in engaging me. It won't lessen your pain but it might get you to at least stop self-afflicting it.

Cheers.......eeeer, sorry, I meant good night........LOL.
Report FINE AS FROG HAIR June 27, 2012 1:00 AM BST
I'm still looking for reasons why Menelaus stands head and shoulders above seemingly all other economists in the world, who collectively do at least admit to doubts and weaknesses in their theories and arguments.
It defies any logical explanation.
I would certainly like to see him in full debate mode against other equally academically qualified economists.
Unfortunately that is not likely to happen on such an unimportant forum as this.
Is that really the reason why he hangs out so much on here ?
We offer a " soft" target to give him small victories to assuage his ego, which daily takes a battering in the real aternative world of serious, informed economic debate.
Report FINE AS FROG HAIR June 27, 2012 1:05 AM BST
And not to mention the markets that continue stubbornly to defy his forecasts of economic armageddon.
I imagine he gets even more stress each night at home, when his wife rather unfortunately keeps greeting him at the door with the phrase " When are all our investments going to pay off ? You promised me years ago that it would happen very soon and yet we seem to go on forever without any end in sight. No sex for you till you make me a very rich lady ".
Report FINE AS FROG HAIR June 27, 2012 1:23 AM BST
Btw EO, in keeping with your soccer analogies earlier on, I have come up with the name of the economics school of thought that Menelaus belongs to.
It's " The Roy Keane School of Economics ".
Its motto is " Play the man not the ball dipstick ".
Report FINE AS FROG HAIR June 27, 2012 1:24 AM BST
One thing is CERTAIN on here. I win the award for sleeping less than anybody else who posts on here.
Report Eeternaloptimist June 27, 2012 10:55 AM BST
FineAs

I've yet to see any evidence of melenaus being economically qualified. He shouts, waves his arms around and condescends a lot but as you indicate a genuine economist who is comfortable in his skin tends to take the view that the more they know the less certain they can be. He is more akin to someone on a mental health ward rocking back and forth convinced that he is the resurrection. In fact the more I think about it the less he seems like that kind of harmless crazy and the more he reminds me of Jack Nicolson's character in The Shining.

Who ever heard of someone claiming great expertise so simply incapable of movement as indeed Jack is at the end of the film? Raging in frustrated fury. He is paralysed not by cold but by not knowing whether to go back or forward and so he falls back on his master angler nonsense and feigns letting me go. However, he is really like a small boy letting go of a tigers tail and he can't even do that right. Seriously, did you ever hear of an angler letting a fish go and then running up and down the river bank screaming for it to come back? Pure Jack chasing his family around.

And the greatest irony of all us that I am doing to him what Keen did to Krugman. Dismantling him piece by piece with remorseless logic.
Report Eeternaloptimist June 27, 2012 11:00 AM BST
In fact I'll tell you what I think his problem is. He is trying to bring mathematical certainty to a deductive discipline and raging in misery at his inability to predict the future. He simply refuses to accept that whilst we may be a collection of people we are still individuals who have an infinite array of choices at our disposal with each one opening up a new set of choices.

In the end he may be right but in the end we will all be dead. Wink
Report Eeternaloptimist June 27, 2012 11:10 AM BST
And another great irony is that while he professes to bring this mathematical certainty his analysis and his world view accords with that of a relatively simple deductive school of economics. Which is why he is trapped and why he refuses to address my question about why he doesn't simply accept that he is of the Austrian School. And which of course explains why he is desperate for me to tell him about an economist who he claims to idolise but with whom he fundamentally disagrees with. Figure that one out.

I'm not sure I can be of any more service here but let me know if any more dragons wander in by mistake. I'll pop in from time to time. Call it post service customer care. Where would you like me to leave the carcass?

Perhaps you will allow me one last:

LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

It's been emotional. For Melly at least. Wink
Report Menelaus June 27, 2012 12:17 PM BST
The only difference between you and benny the clown is that you fancy yourself smart and got taken to school whereas benny fancies  himself a trader and got taken to school. Other than that, you're about the same.

Next time you dare show your face on here, try and learn the meaning behind the buzzwords because your attempt to hide your anecdotal knowledge of economics behind long, boring, confusing posts with lots of misdirection despite the colorful language.......FAILED.

Go do something useful, read a good book, go for a walk, write a will for a friend but for god sakes just stop embarrassing yourself on here.

You're all fluff and no substance and that  eventually caught up with you.

End of story.
Report Mrben June 27, 2012 12:37 PM BST
I think you just had your a$$ handed to you on a plate melly.Crazy

The entire forum has you pegged for the fraud you are.Angry
Report Mrben June 27, 2012 12:40 PM BST
melly, this is a clear fruedian slip by you

"
You're all fluff and no substance and that  eventually caught up with you. "

a perfect description of yourself.Shocked
Report FINE AS FROG HAIR June 27, 2012 1:52 PM BST
EO
Thanks for your efforts.
Unfortunately though I tend to think the dragon has not been slain and will prove to be full of a lot more fire and brimstone.
I still would like to see some heavyweight theoretical dismantling of at least some of the actual deductions/forecasts he posts as being certain and non- debatable.
I'm afraid that essentially I am only capable of repeating the cautionary mantra that nothing related to economics seems to be forecastable with any safe degree of mathematical precision and, as such, I am forced to take with a pinch of salt most of the conclusions  he says are definitive and CERTAIN , for logic sake if nothing else. 
The well known phrase " his strengths are that he knows his weaknesses " cannot be applied in any form or manner to Menelaus.
And in that particular sense he is probably the most dangerous poster on here both currently and probably in the foreseeable future.
Report Eeternaloptimist June 27, 2012 2:20 PM BST
LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

Is that angler still raging and running up and down the river bank begging me to come back?
Report Eeternaloptimist June 27, 2012 2:22 PM BST
FineAs

Thanks for the kind words. Good luck with him. He may be dangerous but so was Hitler and he makes about as much sense. Even if he displays that level of delusion it doesn't make him any more right and we all know what happened to Hitler in the end.
Report Eeternaloptimist June 27, 2012 2:37 PM BST
FineAs

You don't need any theoretical deconstructing of his arguments. As I pointed out his is a deductive line of reasoning which will stand or fail by his pronouncements and predictions. What is his record like at forecasting? Has he ever got anything right?

Feet of clay. Wink
Report Menelaus June 27, 2012 4:37 PM BST
Give it up you halfwit, you've been exposed for what you really are.......a fart in the wind.

You can pontificate and set up strawman arguments at infinitum on here but you can't hide the truth. You are economically illiterate. Your knowledge is anecdotal and it therefore leads you to the wrong conclusions.

Not to mention that you choose your friends very poorly. Their IQ combined is probably smaller than Wayne Rooney's shoe size.

Better luck next time you try and stick your face in a meat grinder.
Report Menelaus June 27, 2012 4:52 PM BST
Take a break and lick your wounds to try and heal for now, then let me know when you want to be taken to school again.

I'll be here............and so will you. Once they get a taste, they never leave, probably something to do with the human species' addiction to masochism. You are no different.
Report Eeternaloptimist June 27, 2012 6:25 PM BST
There appears to be good news and bad. The good news is that he has stopped running up and down the river bank pleading for me to return. The bad news is that he has fallen to his knees and is now praying for it.

Do fishermen normally act like this?

I will return to the fray as and when I like but you are going to have to dance for me first and I won't do so until you have clarified why you don't acknowledge your Austrian School tendencies.

Now dance.
Report FINE AS FROG HAIR June 27, 2012 6:26 PM BST
Lord have mercy.
What did we all do to deserve Menelaus day in day out ?
Must have been pretty bad.
Report FINE AS FROG HAIR June 27, 2012 6:28 PM BST
Wecome to the sh!tkickers ball it would seem EO.
Report chatlame June 27, 2012 10:01 PM BST
He has a lot of character and charisma, maybe too much.
Report FINE AS FROG HAIR June 27, 2012 10:40 PM BST
No he doesn't chatlame.
He seems to be either incapable or unwilling to discern the difference between all other people posting on here what they think/expect/hope might happen in the future, and his posting what WILL happen.
It is stupidity at its profoundest, as it is based on knowledge rather than lack of.
He quite literally disgusts me for so irresponsibly presenting conjecture as fact. 
And more pointedly he is destroying the impact of his posts because of their sheer arrogance and condescension.
And that is a real pity in fact.
Report chatlame June 27, 2012 10:56 PM BST
He is not paid to run a school!?
Report FINE AS FROG HAIR June 27, 2012 11:30 PM BST
Your point please ?
Report chatlame June 27, 2012 11:38 PM BST
He is not guilty to educate and he can behave as he like.
Report FINE AS FROG HAIR June 28, 2012 12:53 AM BST
Not if he wants to be listened to unfortunately.
He's hurting himself more than others.
As I said, a real pity and a waste of talent.
Report chatlame June 28, 2012 1:09 AM BST
He is a golddigger and not interested to win some popular competitions, I guess.
Report FINE AS FROG HAIR June 28, 2012 1:28 AM BST
No I think he's looking for adulation.
Came to the wrong place I guess.
Report Mrben June 28, 2012 3:28 AM BST
quite the opposite chatlame.Adulation is precisely what melly craves.He is desperate for it.The guy is massively insecure

problem is he nothing to admire. Loser after loser after loser.

That why he posts like he does.

My view is he is totally talentless clown, with severe pyhscopathic issues.He needs help.
Report Menelaus June 28, 2012 1:21 PM BST
A fool is one who has been taken. A bigger fool is one who has been taken........but doesn't even know it.
Report carlos monzon June 28, 2012 1:28 PM BST
Mrben     26 Jun 12 21:57  
ETO has found you out melly.Exposed you ffor your cut and paste economics "intellect"

ETO 1

melly  0

And Froggy nails you with this


AS I said EO, Keen is apparently brilliant when he agrees with Menelaus, and stupid when he doesn't.
A bit like the rest of us apparently.


Froggy  1

melly   0




Bigot = A person who holds an opinion obstinately and is intolerant towards those who think differently.
Menelaus is a classic case.

Spot on!

Froggy   2

melly    0


need extra time to get on the board melly?  Gold 1572$

Gold    1

melly    0
Report carlos monzon June 28, 2012 1:39 PM BST
Menelaus     26 Jun 12 22:37  
Even your writing is starting to lose its appeal.

I guess there's only so many times one can shout "hey, look over there" on here with colorful language when those incessant shouts become obvious to everyone that they are merely a sign of.......desperation.

You profess to understand monetary theory, yet all you keep dropping in your posts are terms that even five year old children are familiar with and understand only on the surface......just like you.

This will be the third time I ask this. Either have a go or just STFU. Posting another "hey, look over there" will only embarrass you further.

It makes you wonder how the same brilliant mind could have come up with such a flawed idea. I won't give you the answer to this one, if you know post it for all to see. How does this "jubilee" actually take place, why is it such a bad idea, and what are the implications that Keen ignores? Or, I suppose you thought we all wake up one morning to find out that someone(Gov't? CB? Banks?) decided that anyone who owes money, well, just doesn't owe anything anymore? Get to work.








Meanwhile, the real skeleton in the closet continues to stench up the place:

But perhaps the *real* issue you need to wrap your head around is what changed your behavior on here? What's causing you to post incessant rubbish instead of just lurking, or simply just not being around, like you did in the past. What's causing you to write posts for the sake of writing since you are strictly only trying to impress with the language and not with substance. What invisible force is influencing your behavior? What's forcing you to create strawman after strawman (making a fool of yourself) so you can destroy him for "feel good" but rather hollow victories? What's driving your rage against me?


You may be "aware" of Pavlov (those words are EXACTLY what you posted which is also very telling) but you certainly are still blissfully unaware that you willingly became a subject in one of his experiments.






I think the above posts tell us realy wats happnin.  U have no respect for urself watsoever. U spend so much time talking noises but u dnt say much do u.   U find all these debates and love to chat about it to a guy who is dazzling u time and time again.

U got these other usernames supporting for nearly 15 hours aday.

And then u try and tell us ur time is worth so much.


Y is it ur mates chat exactly the same bull as u. By chance I guess.

Wen it comes to gambling tell every1 wat a pu55y u r.

Lololololol
Report Mrben June 28, 2012 1:47 PM BST
carlos- do you have a fetish for cut and paste other peoples posts?

you presence here is pointless.

fk off back to the boxing forum.

btw- you failed to provide the proof of me on the boxing forum.

your credibility is zero.
Report Menelaus June 28, 2012 1:55 PM BST
do you have a fetish for cut and paste other peoples posts

As opposed from cutting & pasting from CNBC? Tongue Out

your credibility is zero

As opposed to your sub-zero credibility? Tongue Out
Report Mrben June 28, 2012 1:57 PM BST
melly- when will you retract you claim that bill gross does not appear on cnbc?

about the same time you admit your hyperinflation claim is another failure
Report Menelaus June 28, 2012 2:04 PM BST
when will you retract you claim that bill gross does not appear on cnbc


You are an idiot.

Where did I post that he "does not appear on cnbc"?

I was laughing at the turd you dropped calling him a "big time contributor"

I'm starting to think calling you a clown is flattering you.
Report Mrben June 28, 2012 2:07 PM BST
and of course- you were wrong.

good consistency melly.you maintain your 100% record.
Report Menelaus June 28, 2012 2:10 PM BST
Post where I said he "does not appear on cnbc" and shut me up.

Otherwise the whole forum knows that your clothes caught fire while trying to set that strawman ablaze.





Eeeer, forget that last paragraph, waaay over your head, I have to keep things "clown simple".
Report Mrben June 28, 2012 2:12 PM BST
you just had your a$$ handed to you on a plate melly.How many times is it this week?

what a fkkn loser
Report Menelaus June 28, 2012 2:14 PM BST
LaughLaughLaughLaughLaughLaughLaughLaugh

You should have posted nothing in response. Perhaps some braindead zombie reading this exchange would have given you the benefit of the doubt.......even at that, very unlikely though.

LaughLaughLaugh
Report Mrben June 28, 2012 2:17 PM BST
no melly- you should cease to deny that you are a brainless twit.

everything you post here has been an EPIC FAIL.

now you have revealed you can't afford pay tv.

I guess theres no connection at the bedsit complex.Shocked
Report Menelaus June 28, 2012 2:20 PM BST
Okay, benny the clown, I got better things to do than wasting my time laughing on you on here.

Let's just say I'll file the "he doesn't appear on cnbc" in the same file as the 10 years wages trade you couldn't explain and call it even.

Better start thinking about your joke routine tomorrow though. The stuff you put up today was hilarious.
Report carlos monzon June 28, 2012 2:24 PM BST
Mrben     28 Jun 12 13:47  
carlos- do you have a fetish for cut and paste other peoples posts?

you presence here is pointless.

fk off back to the boxing forum.

btw- you failed to provide the proof of me on the boxing forum.

your credibility is zero.




That's exactly wat I mean. This responce just shows how thick u realy r.

Y would I want to prove something uv already proved during the duration of this thread.

On top of this u want me to prove summit which would be nearly impossible for me to do. But guess wat uv already done it. Lol.

Iv said this before if u had a brain u would be dangerous. Thank god.
Report carlos monzon June 28, 2012 2:28 PM BST
chatlame     27 Jun 12 22:56  
He is not paid to run a school?

And wat the f00k r u doing now eo, playing hide and seek.


To all u thick people on here who think eo is winning this debate.

Just think there's been 4 main posters on this thread eo, frog mc
Report Mrben June 28, 2012 2:30 PM BST
carlos and melly have laid to rest any doubt they are complete morons.CryCry
Report carlos monzon June 28, 2012 2:38 PM BST
Mcben and melenius. 4 guys yeh.

Now look at the content carefuly, forget about how's writes better cus I couldn't give a to ss about that.

It's clear cut melenius has been provided good info to support his arguments.

Eo, frog and mcben have all been dazzled, once they get dazzled they say the same thing over and over again in different words of course :

iv won the argument. Iv won this debate. 1 -0 to eo, 2-0 to frog etc etc.


Then this idiot above has only joined 5 days ago, how on earth he found the trade section is beyond me nevermind shouting the same bull as these 3.  Eo will again tell us it's chance or skill.


But wen u join betfair most do it to gamble on sports or enter sports related discussions.

What on earth is this idiot on about.

Talk about shooting urself in the foot. Uv just bombed urself in the foot eo. Sowi.

But once again uv destroyed everybody in all debates and arguments eo.

I'll check ur bull5hit responce wen me got nought to do.


Some of these Wimbledon matches r so f00kin 1sided. Wat is the point of showing matches which are 1/100 to start with
Report Mrben June 28, 2012 2:44 PM BST
carlos- can you rewrite that post in english plz.??
Report carlos monzon June 28, 2012 2:46 PM BST
Eo if u played with urself I'm sure u would be far more satisfied then them 1-0 2-0 victories over melenius, and then of course u woke up and had ur cornflakes.

I'm sure u said England had a great chance of winning the cup,  I think u went as far as saying this is the probably tge best England side uv ever seen.

Did they beat Italy 1-0 and 2-0 just like u beat melenius by the same scoreline.

God bless eo, chatlame or watever u decide to be
Report carlos monzon June 28, 2012 3:13 PM BST
Mrben     28 Jun 12 13:47  
carlos- do you have a fetish for cut and paste other peoples posts?

you presence here is pointless.

fk off back to the boxing forum.

btw- you failed to provide the proof of me on the boxing forum.

your credibility is zero.


Y dnt u rewrite this in English. It makes no sence watsoever.

U say u want proof, tell me how am I to provide u with this proof. Give me a start, I realy need ur professional help on this 1.

Btw chatlame is realy starting to make some conservative points dnt u think. Maybe it is he, who is winning all the debates and arguments dnt u think.


Btw have u had any bets today or in the past week. Screenshot em and I bet u I'll stake 10 times wat u 4 can stake.

U heard right eo, that 1 is for u 4 chatlame, mcben and frogy.

By the way eo how much did u win on the wlad v haye fight. Did u fill ur boots. Lol

did yah. Lolllllllll
Report FINE AS FROG HAIR June 28, 2012 3:17 PM BST
Carlos
I'm not ever about trying to score victories over Menelaus or anybody else on here ( even you).
I just keep repeating that I think that Menelaus is a bit too extreme and absolute in his forecasts for my taste.
That's all.
I have often said he could be right in all he says, but that there are many other equally qualified other economic experts out there who disagree strongly with his extreme forecast of inevitable armageddon.
He is a bit of a one trick pony imo.
But that doesn't necessarily make him wrong or right.
Report carlos monzon June 28, 2012 5:08 PM BST
Frogman, I am also becoming a 1 trick pony u thick idiot simply because u just dnt get it and we can't move on until u understand it.

See mate, u can't understand f00k all yet ur trying to teach me and mele who know far more than u ever will about this subject

1st of all u r  trying to win or at least get an upperhand in this debate as u r obviously opposing mele and my views. If ur not trying to prove us wrong then ur more brain dead than I previously thought because it would be pointless Reading or posting on this thread.

It's clear from the very start of this thread u and 3 others (obviously same person) believe mele and I r wrong. If we r wrong then u become right and therefore it's a moral victory right.

Secondly mate mele has bought factual and relevant evidence from RELIABLE sources who generaly tend to be accurate when discussing similar topics.  U on the other hand understand f00k all about f00k all and keep asking the same sh1ty question. Some of the so called top experts share your view, but guess war the guys that support ur views have been wrong on many many ocasions whilst discussing similar topics.

Eg stop listening to the news. It's f00kin bull. U realy think they gona give u good financial advice on BBC, sky news etc. U realy think so. Lololol.

Just like the BBC and sky news have cocked up up on every financial predication they have made in the last 15 years. That's right cocked up on every financial predication that matters for 15 straight years. F00ks man, and thickos like u think it's wise to back up ur sh1tty arguments by brining evidence from such sh1ty, already failed sources. Lololol

think about it do u think they can f00k up for 15 straight years on things that matter yet they r always correct about 99% of the stuff u see yet all the stuff they r right about which is 99% of the time. They r only ever wrong less than 1% of the time, and it's always on things that matter.   

U think this is all by chance!!!!!


N
Report FINE AS FROG HAIR June 28, 2012 5:47 PM BST
Thanks for all that Carlos.
You obviously know your stuff ( your command on economics is clearly on a par with that of English language ) and I stand suitably reprimanded.
I'm sure that Menelaus is glad to have you as a supporter and cheer leader.
Btw I'm not much of a TV watcher, so I can't comment at all on your views of that media source for financial commentary and analysis.
I suspect you may well be right on that point though.
Care to tell me where you learnt your posting style.
Very interesting but extremely difficult to read at times.
Report carlos monzon June 28, 2012 6:07 PM BST
It's called the art of communication.

Ino u understand my post clearly yet ur trying to divert away from
the subject in hand. 

Let's be honest about this now, if ur up for a debate, u must bring strong evidence to support ur argument.

U have failed to do this throughout the thread, yet eo and mcben keep stating how u have destroyed melenius which couldn't be further from the truth.

By the way say hello to to eo while ur at it. In other words hello urself.

Still waiting for ur barristor screenshots eo, it's been over 2 years now my friend
Report chatlame June 28, 2012 8:26 PM BST
Carlos

Take it easy with the cocain, you are incredible paranoid.

Menelaus

Try to look at your self from another person's point of view.
Report FINE AS FROG HAIR June 28, 2012 9:26 PM BST
Carlos
I have said many times that I do not have the credentials to debate anybody on here on economic theory, let alone Menelaus.
All I bring to the debate is a bit of sideline commensense.
Which is that the points of conclusion that Menelaus claims are absolute and irrefutable are nothing of the sort.
If you think I need to produce detailed evidence to say that, I respond by saying just read any decent, independent article on the matters in question. They usually quote from many credible sources  including but not limited to many of the world's leading economists.
There is general agreement on the scale and type of problem, but not all that much consensus on either how to treat it or if and when it will be satisfactorily resolved.
And I don't mean just watch Sky/Fox news channels to get your inputs.
Report carlos monzon June 28, 2012 10:19 PM BST
Tbh iv not realy read ur posts at all.

Iv just realised I might have made a mistake, and ur not eo as I had first assumed.

I just read part of his post.

Most of the time this guy has plenty of usernames.


So down to economics, polticsetc etcetc

economics is the simplest subject to understand. And tbh even though I have studied economics to a certain degree I study it no longer. It's just too easy and there's nothing to it apart from loopholes and bull5hit. To prosper u have to be part of the system.

So after 100 posts WTF are melenius and eo on about????????

1 simple question??????????????

The rich are getting richer, and the poor are getting poorer?????

Melenius is saying in plain and simple English  the majority of people (in uk and west) are gonna get scre wed. By that he means gona get poorer. The majority equals (99%). This will lead to a total f00k up where u may see some lethal riots geza. Much worse than last summer.

In the process the rich will obviously make a few extra get, a firmer grip on power and f00k all else. Obviously people in power abuse it. But unlike in the movies James bond ain't gona pop up.

After that f00keries all the way.

Wen will this happen. From wat I can grasp, melenius says it will take place in the near future. In years 10-35 years. Maybe inside 10 years. Ask melenius?????  He should know wat he thinks!!!

Eo, the retired grandad thinks not. He thinks nothing of the sort will happen. Well it might happen but it ain't gona be the bad. Well it could be bad but where's the evidence. Oh right u got me on that 1 so I'll ask u so
e other bull5hit question. And wat the f00k am I saying, I'm chatin bull, take a rest and come back tommorow and chat some more bull. I'm losing tge argument but am succeeding in wasting peoples time.

And guess wat frog is on my side. More reason to continue. Iv got fans. I'm in my arm chair with a cigar stuck up my a ss, I can't even watch eastenders cause I ain't paid my bills but I'll go on as long as people like frog support me. Support my view. It's my only hope.

I'd say that's a prety fair reflection of the 100 or so posts. Would u agree???

Hope it heps mr frog. Sowi if I eva offended yah
Report chatlame June 28, 2012 10:49 PM BST
You are completely crazy, Carlos(a compliment)!
Report chatlame June 28, 2012 11:08 PM BST
I like crazy persons.
Report Eeternaloptimist June 29, 2012 10:34 AM BST
FineAs

I'm afraid you would be sadly disappointed if a genuine economist came on and tried to debate with menelaus. It would follow the same path as all his other discussions. Economics isn't a science irrespective of the efforts of those who try to bring the methods used in science to prove their hypotheses. There is no smoking gun in economics. There is no equivalent of proof that the earth revolves around the sun.

Having said that lets not put scientists on a pedestal. Their proof often only lasts as long as it takes for another scientist to come along and disprove their theory and place another one in the scientific communitiies and by extension publics consciousness. That is the history of scientific advancement.

Which is how your question about why so many eminent economists hold such radically different views. The closest you will get to certainty is deductive logic flowing from what little we know or know not to be the case.

In the meantime old Melly will continue to waffle and baffle with bullshiit on here instead of going to a genuine economics forum because at such a place he would be laughed out of town for the reasons I have given on this thread and for his laughable straw man arguments and attempts at obfuscation.
Report charlatan June 29, 2012 12:13 PM BST
YOU. ARE. TRYING. TOO. HARD.

apparently he is completely unaware of the concept of irony
Report charlatan June 29, 2012 12:48 PM BST
What a fraud. A complete charlatan. Not interested in the least in the exchange of ideas and furtherance of collective wisdom.

contacting my lawyers Laugh

hopefully they won't have caught wind of this massive inflation which menelaus predicted we would currently be experiencing.....
Report charlatan June 29, 2012 12:58 PM BST
I still would like to see some heavyweight theoretical dismantling of at least some of the actual deductions/forecasts he posts as being certain and non- debatable.

his inflation forecast (which admittedly had to be pieced together from numerous evasive posts in which he tried ever so hard to avoid being pinned down to a prediction with the type of childish misdirection he is using here to avoid answering eo) turned out to be plain wrong. so whatever the theory (and it has never been clearly laid out) it certainly doesn't lead to infallible predictions. which leads one to wonder why he could be so sure of the end game. or rather it would if it weren't so palpable from his style and attitude that he is a blustering egomaniac.
Report carlos monzon June 29, 2012 1:22 PM BST
Funny how all these people post as soon as eo the man himself starts to post.

U know f00k all about eo. If u did u would have so
many usernames supporting u, chatin the same bull as u do. 

Inflation has already stopped alot of working class people doing things they us2 to do (clubs, pubs, etc), buying things they us2 buy (****, eating out).

Inflation had crept up upon us without us even knowing.

Longer working hours, less pay, higher prices on everything u realy need.

And guess wat it's getting worse.


So wat on earth r u on about using ur big long bull5hit words.

Can I suggest uv confused urself.
Report Eeternaloptimist June 29, 2012 2:09 PM BST
If ever you needed proof as to Melly's idiocy it arrives in the above bag of piss jumping onto his nut sack and holding on for dear life. Carlos, the idiots idiot. Still clinging on to the bizarre notion that anybody who disagrees with Melly's wild ramblings must by definition be myself posting under different user names. LaughLaughLaughLaughLaugh I wouldn't mind being a fly on the wall in their room at the asylum as they fight over whose turn it is to wear the straightjacket.
Report Eeternaloptimist June 29, 2012 2:14 PM BST
Carlos

Either one of two things is happening here for sure. Either, as you say, I'm running around furiously inventing new user names in a desperate attempt to discredit the inellectual titan that is Melly or everybody but you is seeing through his bullshiit.

Of course I'm betting on you and Melly now you have joined forces and your collective IQ has doubled from two to four. Crazy
Report Menelaus June 29, 2012 4:04 PM BST
Hmmmm, I thought I cut the line......I better double check. Grin
Report Eeternaloptimist June 29, 2012 4:42 PM BST
You supposedly did but then you ran up and down the river bank screaming for me to come back. I'm not an angler. Can you tell me if that is normal for fishermen?
Report Menelaus June 29, 2012 5:26 PM BST
You put up practically a dozen posts without being able to provoke a response. I put up a single line without even mentioning your name and .....there you are. LaughLaughLaugh

Pavlov called this reaction an "involuntary response". I just got you to start salivating in anticipation of something I conditioned you to think it's there but really is not.

Thanks for playing. Grin
Report charlatan June 29, 2012 6:42 PM BST
is this the same menelaus who condemns other posters for just dropping in once in a while to post? hypocrite.
Report Eeternaloptimist June 29, 2012 9:13 PM BST
Oh dear. The "great mathematician" in suddenly forgets how to count shocker.

Now what did I say?

DANCE SUCKER.

In the meantime I may or may not converse with those who can hold a conversation without being an obnoxious bellend and you can continue to talk to your friends. How is Colin The Rat?
Report FINE AS FROG HAIR June 29, 2012 11:24 PM BST
Come on Menelaus.
Man up.
Just admit to EO that you're a schnitzel lover and let's move on.
Put on a little Strauss and dance with your wife and enjoy life a little more.
Report Eeternaloptimist June 29, 2012 11:32 PM BST
He likes the schnitzel? ShockedShockedShockedShockedShocked
Report FINE AS FROG HAIR June 30, 2012 1:42 AM BST
He loves it methinks.
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