This is my version of this song. I started out doing it like the original song, however, in the process I changed it up and came up with this version of it.
Sunday, October 19, 2008
Monday, October 13, 2008
Darker clouds ahead
I generally take a dark view of the current global financial situation based on the facts at hand. However, after thinking about the financial crisis we are in, even I was not ready for the cold dark reality of what could possibly unfold before it is all said and done.
Many, who know me, say that I am too pessimistic and doom and gloom, some even thought I was nuts. Earlier this week a colleague of mine said:
“You know, when I met you one and a half year ago I thought you were nuts, but, now I know you were ahead of the crowd”.
What he was referring to was my view, since back then; that the financial system will collapse. As you can see my blog is filled with the essays I have written about the crisis even before it became one. Well last night, after looking at some additional data, the cold dark reality hit home for me even harder; things may get much worse than even I, “Mr Darkness”, thought possible.
I expect:
The financial system to almost totally collapse, this is already happening.
Many more banks to fail
Some industries to grind to a halt
Massive unemployment
Wide spread poverty
Food shortages
Governments to basically go bankrupt and services to be at a minimum at best
Utility companies will not be able to reliably deliver products and services
Blackouts and brown outs
Massive Riots
Martial law declared in many cities
This could all unfold within the next 5 to 7 years. Many of these problems will result from the global real estate bubble, estimated at $30 Trillion, collapsing. I thought that was the biggest problem however, the derivatives market is even bigger, estimated to be about $54 trillion, when this starts unraveling in a big way then the dark clouds will really descend upon us.
There is, however, one saving grace and that is the compassion of the wealthy and ruling class, if they are willing to give up 25% of their wealth for the benefit of the poor and working class then the impact will not be as bad. The ball is in their court; let us see if they are human after all.
Many, who know me, say that I am too pessimistic and doom and gloom, some even thought I was nuts. Earlier this week a colleague of mine said:
“You know, when I met you one and a half year ago I thought you were nuts, but, now I know you were ahead of the crowd”.
What he was referring to was my view, since back then; that the financial system will collapse. As you can see my blog is filled with the essays I have written about the crisis even before it became one. Well last night, after looking at some additional data, the cold dark reality hit home for me even harder; things may get much worse than even I, “Mr Darkness”, thought possible.
I expect:
The financial system to almost totally collapse, this is already happening.
Many more banks to fail
Some industries to grind to a halt
Massive unemployment
Wide spread poverty
Food shortages
Governments to basically go bankrupt and services to be at a minimum at best
Utility companies will not be able to reliably deliver products and services
Blackouts and brown outs
Massive Riots
Martial law declared in many cities
This could all unfold within the next 5 to 7 years. Many of these problems will result from the global real estate bubble, estimated at $30 Trillion, collapsing. I thought that was the biggest problem however, the derivatives market is even bigger, estimated to be about $54 trillion, when this starts unraveling in a big way then the dark clouds will really descend upon us.
There is, however, one saving grace and that is the compassion of the wealthy and ruling class, if they are willing to give up 25% of their wealth for the benefit of the poor and working class then the impact will not be as bad. The ball is in their court; let us see if they are human after all.
Monday, October 6, 2008
The Greater Depression
The huge bail out passed by the US government in an attempt to stave off disaster and a possible depression will not work; why would the same thing that brought us here now get us out of it? Not gonna happen
What brought us here is the easy money policy that the US has practiced for years, and as we all know too much supply with not enough demand leads to failure. There is just too much US currency (IOU) in the world and none of it has any fundamental backing. The US is headed for failure and life as we know it will never be the same in our lifetime.
In the great depression the government did not provide liquidity quick enough, according to the “experts”. Now they are acting very quick and injecting as much as is needed. However, IMO, the end result will be the same.
By not acting quickly enough, it is claimed that credit came to a halt and the financial markets and economy halted during the great depression. Now, the pundits say that we need to inject liquidity as quickly as possible to avoid the same thing happening. There is however one big problem with that:
0% liquidity – 0% inflation = 0 (great depression)
10% liquidity – 10% inflation = 0 (currently)
The bottom line is that no matter how the US Fed or government slice it or dice it; it amounts to the same thing.
For those who may not understand inflation I will express it as I see it:
Inflation is not the increase in price of goods, instead, that is a result of inflation. In fact, there is only one kind of inflation and that is monetary inflation. Any increase in the money supply without any backing amounts to the roughly the same amount of inflation.
Therefore, in the great depression people had little money but it was probably worth something because of deflation. However, now people will have money or access to it because of an increase in the M3 supply but it will probably not be worth as much as it did during the great depression because of monetary inflation, possibly leading to hyperinflation. We will then end up in the same place at best and the current crisis will come to be known as the greater depression.
What brought us here is the easy money policy that the US has practiced for years, and as we all know too much supply with not enough demand leads to failure. There is just too much US currency (IOU) in the world and none of it has any fundamental backing. The US is headed for failure and life as we know it will never be the same in our lifetime.
In the great depression the government did not provide liquidity quick enough, according to the “experts”. Now they are acting very quick and injecting as much as is needed. However, IMO, the end result will be the same.
By not acting quickly enough, it is claimed that credit came to a halt and the financial markets and economy halted during the great depression. Now, the pundits say that we need to inject liquidity as quickly as possible to avoid the same thing happening. There is however one big problem with that:
0% liquidity – 0% inflation = 0 (great depression)
10% liquidity – 10% inflation = 0 (currently)
The bottom line is that no matter how the US Fed or government slice it or dice it; it amounts to the same thing.
For those who may not understand inflation I will express it as I see it:
Inflation is not the increase in price of goods, instead, that is a result of inflation. In fact, there is only one kind of inflation and that is monetary inflation. Any increase in the money supply without any backing amounts to the roughly the same amount of inflation.
Therefore, in the great depression people had little money but it was probably worth something because of deflation. However, now people will have money or access to it because of an increase in the M3 supply but it will probably not be worth as much as it did during the great depression because of monetary inflation, possibly leading to hyperinflation. We will then end up in the same place at best and the current crisis will come to be known as the greater depression.
Wednesday, September 24, 2008
Thursday, July 31, 2008
Love, Hate; the paradox of life
It is said that hate will kill, and this is true.
When one mass of energy is diametrically opposed to another mass of energy it can be detrimental to one or both. This opposition can have varying degrees of effect and we as humans may call extreme opposition, hatred.
However, one can be opposed to something but not strong enough to the point of hatred, as we know it, and it will not have any significant effect on any mass of energy. But any degree of hatred that leads to physical actions can be harmful to one or more forms of energy.
Opposition in mathematics as we know it will lead to equal values on opposite ends of the spectrum canceling each other out; 1 + (-1) = 0
Hate will kill, and this is true. It can kill you a little bit at a time or all at once, but over time it will kill you – or cancel out your mass as it is.
This is one of the reasons if you hate someone it is best to physically avoid being around them. In an extreme sense, think of it in scientific terms; if you were to ever meet the anti-you, do not make physical contact or else both of you will disappear on account you have cancelled out each other because every element of the two would be directly opposite.
But at the same time what is life without passion? Well it would be a bowl of soup because in science no two things are the same mass and velocity - in other words the same – in the universe. If they were, then everything would just be one big bowl of liquid and that would be no fun. So while we try not to hate we still cannot be all the same or in agreement all of the time or else the life as we know it would not exist – pretty dull eh!
Love, hate, what a paradox! :)
When one mass of energy is diametrically opposed to another mass of energy it can be detrimental to one or both. This opposition can have varying degrees of effect and we as humans may call extreme opposition, hatred.
However, one can be opposed to something but not strong enough to the point of hatred, as we know it, and it will not have any significant effect on any mass of energy. But any degree of hatred that leads to physical actions can be harmful to one or more forms of energy.
Opposition in mathematics as we know it will lead to equal values on opposite ends of the spectrum canceling each other out; 1 + (-1) = 0
Hate will kill, and this is true. It can kill you a little bit at a time or all at once, but over time it will kill you – or cancel out your mass as it is.
This is one of the reasons if you hate someone it is best to physically avoid being around them. In an extreme sense, think of it in scientific terms; if you were to ever meet the anti-you, do not make physical contact or else both of you will disappear on account you have cancelled out each other because every element of the two would be directly opposite.
But at the same time what is life without passion? Well it would be a bowl of soup because in science no two things are the same mass and velocity - in other words the same – in the universe. If they were, then everything would just be one big bowl of liquid and that would be no fun. So while we try not to hate we still cannot be all the same or in agreement all of the time or else the life as we know it would not exist – pretty dull eh!
Love, hate, what a paradox! :)
Monday, March 17, 2008
Golden opportunity
Wow, are people starting to believe what some of us said would happen? Well be prepared because if this is a 9 innings baseball game we are only in the third inning.
The scam continues as the ruling class continues to bail each other out at the peril of the poor and middle class. The masses can pontificate all they want, however, unless they understand the scope of this thing and what brought us here, they will just be lambs waiting to be slaughtered.
I said before that gold will hit 2k by 2011, well many laughed, where are we now? I will make a bold prediction now that should now make them hysterical; gold can go as high as 40k an ounce.
Here are the possibilities:
1) Depression = 2k to 5k per ounce
2) Stagflation = 5k to 8k per ounce
3) Hyper inflation = 8k to 40k per ounce
Those are the golden opportunities. But the most likely scenarios are 1 and 2, heaven help us all if it is 3.
The only thing that can save this financial system from a total collapse and future collapses is a gold back currency.
How can a stock market be actually said to increase in real value when the currency of that market has decreased 60%, in some cases over 70% relative to other currencies.
Everytime an institution is bailed out, everytime interest rates fall, the currency is further eroded and the poor and middle class see their net worth shrink or debts increase relative to income.
All the fools who cheer when the Dow goes up in nominal value need to get their heads checked, it only results in further inflation.
Does it not strike people as inorganic when stock markets all over the world go down but the country in crisis actually sees its stock market go up??? If it looks too good to be true then it is absolutely a big lie. Stay tuned and buckle up, its gonna get much more rough.
Oh, and don’t throw out that wheel barrow yet, you may need it to go to the corner store to buy bread.
Americans should push to scrap the Fed and demand a gold back currency, that is the way the founders of the US wanted it, but somewhere alone the way some greedy murderous bastards took control and created the biggest scan in history; a currency without a gold or silver backing
And not just the US currency is at risk of collapse, all fiat currencies are at risk. Anything without a gold or backing is garbage and the whole world is at risk, including Canada.
The scam continues as the ruling class continues to bail each other out at the peril of the poor and middle class. The masses can pontificate all they want, however, unless they understand the scope of this thing and what brought us here, they will just be lambs waiting to be slaughtered.
I said before that gold will hit 2k by 2011, well many laughed, where are we now? I will make a bold prediction now that should now make them hysterical; gold can go as high as 40k an ounce.
Here are the possibilities:
1) Depression = 2k to 5k per ounce
2) Stagflation = 5k to 8k per ounce
3) Hyper inflation = 8k to 40k per ounce
Those are the golden opportunities. But the most likely scenarios are 1 and 2, heaven help us all if it is 3.
The only thing that can save this financial system from a total collapse and future collapses is a gold back currency.
How can a stock market be actually said to increase in real value when the currency of that market has decreased 60%, in some cases over 70% relative to other currencies.
Everytime an institution is bailed out, everytime interest rates fall, the currency is further eroded and the poor and middle class see their net worth shrink or debts increase relative to income.
All the fools who cheer when the Dow goes up in nominal value need to get their heads checked, it only results in further inflation.
Does it not strike people as inorganic when stock markets all over the world go down but the country in crisis actually sees its stock market go up??? If it looks too good to be true then it is absolutely a big lie. Stay tuned and buckle up, its gonna get much more rough.
Oh, and don’t throw out that wheel barrow yet, you may need it to go to the corner store to buy bread.
Americans should push to scrap the Fed and demand a gold back currency, that is the way the founders of the US wanted it, but somewhere alone the way some greedy murderous bastards took control and created the biggest scan in history; a currency without a gold or silver backing
And not just the US currency is at risk of collapse, all fiat currencies are at risk. Anything without a gold or backing is garbage and the whole world is at risk, including Canada.
Monday, January 7, 2008
Scapegoat Obama
Obama will end up being the biggest scapegoat in history and you will never see another Black president for another 50-100 hundred years if ever..
I believe that Obama will win; the history of the White ruling class American politics point in that direction.
You see, the ruling class will give the people what they want when it is convenient. The way history is going right now if they do not let a black president in at this time it will eventually happen naturally. They want to prevent that from naturally happening.
They will do that by letting it happen now because if, instead, it happens naturally, then, White ruling class America will not be able to prevent it happening again and again, that is not good for them. The best option then is to let it happen now.
With the economy in such shambles the Republicans know they cannot win, therefore, they along with the Democrats will see to it that Obama wins the nomination and presidency to stop a Black man from ever winning the presidency for another 50-100 years, if ever again.
It is like stopping a wild fire from spreading by lighting a controlled fire before the wild fire gets there. That way by the time the wild fire arrives, there is nothing to feed on to continue burning because it was already burned by the controlled fire, therefore, it dies.
After Obama wins, the economy will get much worse than it is now, it will happen regardless of who is president, but, it is much easier to blame a Black for the corrupt and greedy policies of the White. The crisis that is unfolding, when it is all said and done will be worse than anything ever in history and yes the Blackman will be blamed, orchestrated by the Demopublican coalation.
This all could apply to Hilary also, but I believe not this time, however, in time it could happen to silence the female presidential threats, if required.
Nothing this big happens by accident; and the band plays on.
I believe that Obama will win; the history of the White ruling class American politics point in that direction.
You see, the ruling class will give the people what they want when it is convenient. The way history is going right now if they do not let a black president in at this time it will eventually happen naturally. They want to prevent that from naturally happening.
They will do that by letting it happen now because if, instead, it happens naturally, then, White ruling class America will not be able to prevent it happening again and again, that is not good for them. The best option then is to let it happen now.
With the economy in such shambles the Republicans know they cannot win, therefore, they along with the Democrats will see to it that Obama wins the nomination and presidency to stop a Black man from ever winning the presidency for another 50-100 years, if ever again.
It is like stopping a wild fire from spreading by lighting a controlled fire before the wild fire gets there. That way by the time the wild fire arrives, there is nothing to feed on to continue burning because it was already burned by the controlled fire, therefore, it dies.
After Obama wins, the economy will get much worse than it is now, it will happen regardless of who is president, but, it is much easier to blame a Black for the corrupt and greedy policies of the White. The crisis that is unfolding, when it is all said and done will be worse than anything ever in history and yes the Blackman will be blamed, orchestrated by the Demopublican coalation.
This all could apply to Hilary also, but I believe not this time, however, in time it could happen to silence the female presidential threats, if required.
Nothing this big happens by accident; and the band plays on.
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