TAE Summary
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TAE Summary
Participant* All economic activity is leveraged on a marktetable food surplus; Credit is leveraged on accountable food storage; The greatest shortcoming of the human race is eating seeds
*Compound interest is neutral unless written in Comic Sans; Debt can increase faster than growth; On a long enough timeline the growth rate for mould is infinite
* Interest is great for the haves, not so great for the have-nots; When immovable finity meets unstoppable infinity what happens?
* Interest is like Brylcreen, great for the young, marginally useful for most oldsters; Bert and Ernie should teach all children about compound interest; Everyone can become wealthy and retire at 40
* Compound interest is nice work if you can get it; Compound interest means you need a compound to isolate yourself from your borrowers; The government destroys savers and rewards debtor; Compound interest is going the way of the dodo
* Compound interest has worked for hundreds of years; Long live compound interest; Wealth is better than poverty; Why must the left hand hate what the right hand is compounding
* Why must we have perpetual growth? Why can’t people just be celibate?
* I vote for no debt, no interest, no congressman and no hawaiian pizza; Let’s all just get along; There’s no place like utopia
* A monopoly on credit creation leads to inextinguishable debt; The business cycle is a euphimism for the blowing and popping of bubbles; The hopeless tragedy of our positional incredulity is absurdTAE Summary
Participant* It is all going according to plan; There is an invisible war going on with unknown weapons and combatants; The Enemy is B.F.C., Big Fu…. um, Big Finance Capital; Keep banging the drum and try to avoid being trampled
* Don’t blame the Rook when your Pawn gets sacrificed so the Queen and King can live in the Hamptons; Good doesn’t combat evil, evil combats itself
* Faith in complex institutions is disintegrating; Are the buffoons running things or is it malevolence or maybe just evil clowns? Brit taxi driver knows all, tells all
* We are at an unknown place on the collapse continuum; There’s no second guessing economists; System managers don’t grasp common sense; When your only tool is Occam’s razor every problem looks like a haircut
* There is not enough cash to go around; TARP can cover a multitude of sins; Shaved savings will bailout big banks; Debasement is too slow and scary; Threatened savings motivate consumption; 90% won’t be able to buy bread; The other half will be on food stamps
* Money has no motherland; Get hard assets before the dollar goes fladcid; Run to gold and silver, art and farmland; When the stock market crumbles, watch out
* Bank runs are classic Keynsian; Some bank runs are more equal than others; Deflation is a peace time phenomenon; Capitalism has never had a chance except at swap meets where it reached its full flower in the macrame’-pot-hanger bubble of 1978
* Europe is becoming one big dictatorship; Europeans are passive; Cyprus may be a test run; The first country to leave Eurozone will suffer; Greece and Italy vote for antiestablishmentausterityism; European Spring up next
* End Time Cliche’s
– The fuse has been lit
– The cat is out of the bag
– The first domino has fallen
– The game is up
– The sky is falling
– Self destruct has been activated
– Growth is dead
– I believe the day will come …
– Let’s do it
* Word of the Day: Gobsmacked: Brits for bewildered, dazed, astoniedTAE Summary
Participant* Gold will win
* The bank run has already happened; The black swan is already out of the barn
* A 7% solution is not as bad as 50% haircut unless you are already bald
* Cigarettes serve as an alternate currency; A wheelbarrow full of Kents buys a lot of bread; Alternative currencies will be illegal and violators will go to jail; Don’t spend the dime if you can’t do the time
* Canada’s debt is 2.86 time GDP, Eh
* Happily in the long run we will all lose but until then it just isn’t fair to the first victims
* The Euro will collapse and the trust window has been shattered; This is good for printers and glaziers and should help the economy
* I am altering the deal. Pray I don’t alter it any further.
TAE Summary
Participant* We are toast; We are chipmunks writ large; Only hunger pangs will wake Americans
* The last 60 years were abnormal but the abnormality will soon end. Normality sucks big-time. BTW, BigTime was Dick Cheney’s nickname while VP.
* Debt is the opiate of the masses; Without money greed will atrophy; Real men take the pain; Opting out is not an option
* Money leads to power; Power leads to women; Where women lead, productivity improves; It’s all good
* Obama is full of hollow point promises. He has evicerated the Constitution. No guts, no glory.
* Americans are conditioned to accept what they can’t change, change what they can and look to Fox to tell them the difference.
* Austerity files down consumers. The bastard.
TAE Summary
Participant* Americans have no clue about other countries’ elections. For Americans the remote is boring and inconsequential unless it is in their hand.
* Illuminati are the powers that shouldn’t be. They have done a hatchet job on Ron Paul and control all democracies. They want one world governed by them with only a billion useful eaters to make cocktails and run their bath water. Consolidating power in a supra-national organization is the way they make points. If they get close but can’t score they will kick your balls through the goal posts. Get ready for the Hunger Games.
* New TV’s have built in cameras. Big Brother is watching you watch Jeopardy. He must be really bored.
* NWO will have a governmental arm, a military arm, a financial arm and a propaganda arm, all controlled by Durga the warrior queen.
* Communism is an iron fist. Capitalims adds a velvet glove with a Nike swoosh on it. Let’s Do It.
*Toy army men are now only available in the UN variety; Most people aren’t ready to hear this but when they are I want them to know about https://www.plastic-army-men.com.
TAE Summary
ParticipantEven working perfectly a bunch of comment threads on specific topics is less attractive to me than the old comment threads. The obvious reason for me is that it is impossible to summarize a bunch of concurrent threads. That difficulty aside I still prefer a single thread. The old site felt like a community because I could go there and easily see all the comments. I might skip some I was less interested in but overall it was like going to Cheers; We were all in it together, there was a great cast of characters and everybody knew my name. Where does one now go to see what El G or Greenpa or Gravity has to say today possibly related to none of the current articles? Breaking things up by topic is great for information retrival but that is not the primary reason I went to TAE. If I just wanted the info I would go to Wikipedia, CNN and ZeroHedge. But if I wanted thoughtful analysis with community I went to TAE (BTW, try reading the ZH comments some time. Heaven forbid TAE comments should devolve to that brawl).
My suggestion is that the forums be turned into a Wiki where people don’t comment but rather contribute so that over time meaningful articles on things like water storage develop (This seems more useful to me than a comment thread about water storage anyway). This would develop a truly valuable resource and given the expertise of the board would probably be of high quality. For comments I suggest that TAE return to a single, easily accessible comment thread for feature articles and maybe none for commentary articles. This would recapture the sense of community that I enjoy and more importantly, this would support my addiction to compulsive summarization.
Thanks.
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