Buying back its own bonds to the tune of $85 billion per month for over a year... Completely normal and proper. Got it.

What is wrong with the fed buying back bonds? It seems very similar to lowering the discount rate. What bad consequences do you think will happen because the fed bought back its bonds?

I absolutely answered your question. You just insist on acting confused to further your straw man.

You mean where I put #perpetualrecessionisn'tpeakoil in a hashtag in an enjoyable way of mocking your "no problem" argument? Where you ignore 90% of my post and focus on taking one word literally? Standard JJ tactics.

Learn some nuance and grow up.

Growth has been cut in half, and we've barely recovered from 2008 in any honest assessment of the global economy. There are now 4 or 5 oil/gas wars raging, a massive debt bubble in Europe and a humanitarian crisis throughout the Mediterranean, symptoms predicted by peak oil authors all across the spectrum.

You should probably wake yourself up to the "reality we're in," you clown.

Yeah, ummm... there are more forums than just PU. I find 7 specific references to the Rimini (or Uppsala) Protocol from me, and countless refrences to the author and his solutions - Colin J. Campbell. Do you ever tire of being dead wrong yet still doubling down on your dumb assertions? Probably not.

Jiggs, I never know if you actually believe what you write. How did presenting your historical fiction answer my question?

I mean, like most of my questions to you - it's a pretty simple yes/no on what you believe and yet you won't answer it. Do you even realize its because you hold so many contradictory views?

And I love how you always change the goal posts to try and claim victory. Although 7 is still less than a dozen, so even when you do that you're just terribly wrong.

This links to a page without a single Jiggs post so I don't see how it supports gambool's outrageous and inflammatory claim. Do you care to show me one quote in support of gambool's mud slinging?

No?

Thought not.

Bump

OK, let's try this again, and perhaps this time you won't continue to obfuscate and act like your gotcha question wasn't answered...

Yes, I believe we have not recovered from the 2008 crash, where growth is STILL half what it used to be for decades. Yes, I believe without unprecedented levels of unsustainable cash injection, we'd be in a full depression. Yes, I believe this new era (with no end in sight) is entirely due to a nosedive in global net energy.

Now, surely you'll maintain the arrogant ***hole act because we haven't had two consecutive quarters of negative GDP growth that constitutes the accepted definition of the term "recession" ... But make no mistake about it, the bubble economy has been artificially propped up by the state, and people like you feel that's an innocuous, normal, expected solution as dictated by natural market forces. You know, "yawn,"... that kind of thing.

There is no goal post shift, moron. I've referred to the Rimini/Uppsala Protocol (by name or by tenets) OVER a dozen times. It's not my fault you attempted a lazy word search and failed.

You pretended I've never offered my solution. I showed how I have many, many times for years. So **** off. You goofed again.

Tell us more about how you care about the environment, but don't want to accept a definition for what constitutes dirty resources.

It's fitting that you don't see the problem with the Fed funneling trillions of dollars to Wall St. banks with no strings attached (to keep their Ponzi schemes alive) while U.S. programs like Food Stamps and CHIP child health care are gutted.

I mean, what could possibly go wrong? And when it does go wrong, banks will have trillions of dollars to buy up government assets (privatization) for pennies on the dollar!!! No wonder trolls like you are a big fan.

You're right, I don't see the problem. So what is the problem? What do you think is going to happen when the Fed raises rates?

So you think if the Fed hadn't run loose monetary policy we'd have funded domestic priorities more? That seems somewhat dubious.

Ladies and gentlemen, SenorKeeed. ...

Doing his absolute best to out-douchebag that young hedge fund CEO who recently boasted about raising the cost of AIDS medication by 5,000% while admitting each pill costs all of $1 to produce.



I hadn't realized you were quite such a soulless, privatize-everything fascist.

LOL!!!

An intense magnification in income inequality, for one. I mean, we're all aware that rich ***holes are insulated from financial crashes. But, Jeezus. Do you even care how badly middle-class America is suffering lately? A tiny bit?

So Jiggs believes we're in a recession - not because any specific metric shows that but because of his alternate timeline he's constructed. Yup. Totally reasonable.

jiggs, why is the dollar so strong if the Fed buying our own bonds is so terrible? Please answer!

Lol at jjshabado. Pretty poor to just keep attacking people personal, while never bringing any argument himself. Pretty tough to ever attack you, if you never say anything.


Always "So Jiggs believes...", "Jiggs makes one more doomsday..."... thats a very easy way of letting someone else looks dumb, while you yourself cant make a post with more then 5 sentences.

But yeh, I guess your business school told you about that great market and now you believe it.

I've made more concrete positions in this thread than Jiggz. Hell I've made more than you. Your whole position is that we'll run out of oil. Unless we don't. But if that doesn't happen we'll run out of some other metal. I mean you literally aren't sure of anything except there is SOME metal or resource that we really need that we'll run out of and end civilization as we know it.

What position did you make? Repeating that market **** like a parrot is all I remember. Or you just pick 1 sentence of another once post that is tough to proof 100% and keep arguing about his.


Your whole position is we won't run out of oil, and if we do your god will safe us. Ah yes, and cars need less fuel then 10 years ago.


Let me guess, your american and studied business?

Read the thread?

For example, I made the not very bold assertion that we would experience global economic growth over the next 10 years. Do you agree with that or do you believe that peak oil will result in negative growth over the next 10 years?

But just like Jiggs, you're wrong on both my nationality and major. Not surprising though - you guys are pretty bad at making predictions.

I certainly not disagree that economy growth in the next 10 years will keep on. I also don't say PO will be a problem in the next 10 years. I never said that PO 100% leads to our systems suffering so much.

But in the next ~30 years it is very likely we will see how it affects us imo. Though other says it can happen in the next 10 years and this is a possibility as well. And its smart people putting a lot of work into the topic saying this.

Fwiw I dont even think we disagree that much, your just quite a bit more optimisitic then me and try to troll anyone who doesnt agree 100% with you.


Very intresting article here: http://www.zerohedge.com/news/2015-0...llapse-problem

Yo Jiggs, S&P still not anywhere near 1700. You gonna admit you were wrong?

You must be new here

http://www.postcarbon.org/wp-content...eeper_FULL.pdf



Pretty sure this is an independent source. But people that use oppionions of solar panel producers to proof that solar panels are good probably dont have the media competence to even realize that its important what the source is.

So far for the technology advance argument you have.

What solar panel producer?

Are you suggesting that solar panel producers don't know how many solar panels they produce?

Thats not what my post was about though.

What the hell? That's a map. A tool for installers to estimate production for the systems they sell.

Wholesale Solar is not a producer, but a distributor, and that's a tool for their clients.

On my phone, so not looking it up, but I'd guess the source for the map (and I guarantee it's not wholesale solar) is Sandia National Laboratories at the University of New Mexico.