Tilted Forum Project Discussion Community - View Single Post

tisonlyi · 10-23-2008, 05:05 PM

The reasons that there's no action are that:

a - The effects on their own lives aren't clear and _pressing_ for the majority yet. (wait for more stories about letters of credit being refused and international trade ceasing up... that might get b) to act up a little...)

b - The media aren't reporting anything but the current crisis with some bland 'this might go on for some time' idea. They aren't showing people the long-term trends, the examples from history and where this is all headed.

c - *dons tinfoil hat* The media, the message and the people are being controlled to keep a lid on things as long as possible.

Japanification is the ABSOLUTE BEST CASE (for the system) to come out of this... In the US, with it's heady blend of militarism, self-interest, faith and absence of proper social support...

Japan's all-time NIKKEI high was ~39k in 1989. It's pushing to go below 8k atm. (Market prices are at best window dressing mostly.)
-----Added 23/10/2008 at 09 : 11 : 28-----
Oh, if memory serves, long-term trend for the DOW is about 7-8k.

(The numbers at the bottom of the depression are about 4k in real terms now, but the DOW revolves it's picks regularly, so any comparison is pretty, well... not useless exactly, but... next to it.)

EDIT FOR GRAPH PORN:

Remember the early nineties? Not good?

DataquickNODQ32008.jpg (image)

EDIT EDIT EDIT for Roubini Porn.

Video link on the right. or just search for roubini. Dr Doom (he's been predicting everything so far, pretty well)

10-23-2008, 05:05 PM	#11 (permalink)
tisonlyi Nothing	The reasons that there's no action are that: a - The effects on their own lives aren't clear and _pressing_ for the majority yet. (wait for more stories about letters of credit being refused and international trade ceasing up... that might get b) to act up a little...) b - The media aren't reporting anything but the current crisis with some bland 'this might go on for some time' idea. They aren't showing people the long-term trends, the examples from history and where this is all headed. c - dons tinfoil hat The media, the message and the people are being controlled to keep a lid on things as long as possible. Japanification is the ABSOLUTE BEST CASE (for the system) to come out of this... In the US, with it's heady blend of militarism, self-interest, faith and absence of proper social support... Japan's all-time NIKKEI high was ~39k in 1989. It's pushing to go below 8k atm. (Market prices are at best window dressing mostly.) -----Added 23/10/2008 at 09 : 11 : 28----- Oh, if memory serves, long-term trend for the DOW is about 7-8k. (The numbers at the bottom of the depression are about 4k in real terms now, but the DOW revolves it's picks regularly, so any comparison is pretty, well... not useless exactly, but... next to it.) EDIT FOR GRAPH PORN: Remember the early nineties? Not good? DataquickNODQ32008.jpg (image) EDIT EDIT EDIT for Roubini Porn. Video link on the right. or just search for roubini. Dr Doom (he's been predicting everything so far, pretty well) __________________ "I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}-- Last edited by tisonlyi; 10-23-2008 at 05:27 PM.. Reason: Automerged Doublepost