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I'm looking for a tsunami.
I'm looking for a tsunami.
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Replies: 68
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This is the place where everybody should be - both the forum and the markets, but people are too stupid for that unfortunately.
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A recent report published by the Rowntree foundation indicated the true cost of living had soared by more than 30% for some families over the past four years. This report was based on real life scenarios using the income and expenditure of average families. Not surprisingly more and more families are falling into poverty due to spiraling costs of living.
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Many of us would certainly agree that true inflation ( not the Govt. manipulated) scenario is higher than generally reported.
However, it is questionable to extrapolate that to the unconditional conclusion that hyperinflation is just around the corner and cannot be avoided whichever way you look at it. |
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Indeed. Price rises and the resultant misery and squeeze for millions is very real but it can't remotely be described as a tsunami. Then again when your mentality is that unquestionably the world is melting down around you then you are given to hyperbole but that doesn't mean that you are going to be taken seriously.
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This is like reading a play of the fiction of the absurd.
A white space guy who says nothing, talking to a verbose guy who says nothing. It would be funny, if it wasn't so pathetic. |
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We are just filling in time until you tell us a story from when you were, "back in Nam".
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Remind me again how many gooks did you kill with you bare hands?
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Be afraid EO, be very afraid.
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If the hyperinflation doesn't get you, then a waterboarding gang put together by Menelaus and his spook buddies will.
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Doomed. We're all doomed.
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FineAs
Please excuse my manners as I may have come across in the same way as Melly does with proferring my own opinion wihtout asking you how you see things. At the risk of being accused by The Great Oz of being you and interracting with myself again may I ask following on from my responses to your posts how you see things going forward? The more enlightened of us actually realise how in the dark we all are and would appreciate others input rather than thinking our own view is all that matters. |
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I'll let you know after it happens. I'm pretty good at that.
The only thing I know for CERTAIN is that it is not going to play ut the way anybody on here has predicted it will. It never does. Even if this credit crisis is somehow rectified, we will then lurch into some new crisis that is being created even now as we are working our way through the current one. But essentially I believe that the economic supremacy of the US has probably come to an end and that the future growth of the world will be driven by the large emerging countries taking increasingly important roles in effecting all our lives. Generalist claptrap I know, but if you invest long term outside of the good old USA, you might just come up spades. |
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Either that or sell futures on Menelaus' long term career prospects.
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Even if this credit crisis is somehow rectified, we will then lurch into some new crisis that is being created even now as we are working our way through the current one.
Wise words sir. |
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Either that or sell futures on Menelaus' long term career prospects.
Even wiser ones. |
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I don't agree that it is generalist claptrap. It is a strategic view which if proven to be correct could reap rewards. Just because Melly colours his logic in with opacity doesn't make his economic or world view any more valid.
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Melly
Lets get back to the issue. Remind me again: What happened to your guaranteed prediction about a tsunami of inflation? If you are wrong about that what else might you be wrong about? |
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Perhaps the only tsunami of inflation we are likely to see has already occurred on here ?.
That is the one involving Menelaus' sense of self-importance and correctness. |
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How very dare you. You can't down play events of such significance. That was genuine hyperinflation.
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You know, somewhat pardoxically, Menelaus could have ( and in fact still could) dramatically increased both the degree of acceptance of and the innate level of fear mongering in his posts, if he had posted his conclusions in the following type of manner.
" Whilst nothing is certain in this world, all that I have posted and concluded is about as close to certain as you will ever get in the world of economics ". Personally that would have grabbed my attention and respect more than anything else. |
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What would have grabbed my attention is if he had said:
I've done my dough, I've polished off the brandy and now I'm heading to my office for the revolver. Of course he would miss if he was trying to blow his brains out but it is the thought which counts. |
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Or joking aside and using your template:
" Whilst nothing is certain in this world, all that I have posted and concluded is about as close as I can predict to being certain and I'm balls deep on it because a real man lives it rather than just talking about it. See you all in St Tropez or the soup kitchen. Either way I'll have a hell of a story to tell". |
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it seem smy occasional appearances on this forum weren't completely in vain
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So what have we established so far:
It has big ears. You can't move it unless it wants to move. It is rather rough to the touch. It has four legs. It has tusks and a trunk. Yep. There is an elephant in the room Melly. Hopefully if the tsunami is under about 6 feet in height and we can clamber onto its back we may be okay. |
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And it drops enormous turds ?
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I'll set em up. You bang em in. It's like Toshack and Keegan.
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More like Morecambe and Wise perhaps ?
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Okay Little Ern.
I hope that doesn't mean my number is nearly up. |
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