On the Nature of Things | Forum

But how big is the gold bubble? Has enough money moved to gold in the last 3 years to really matter? And why would the popping of that bubble require hyper-inflationary levels of public spending? In the 1933 recession-depression there was a spike of deflation (as a result of too much debt poisening...

As for why no (hyper)inflation yet, if the Austrians are correct. Just a speculative thought: This huge debt world wide and the way those trillions of printed money are kept afloat artificially (without doing much for real economic recovery) will initially cause sharp deflation. Very low economic ac...

Israel, Iran! Oy Ve!

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Iran Israel :: Serial Rain

Who said that God is supposed to be sweet? Christians had to rewrite their books to make him a little less pissed off. Maybe he was and kept giving man a chance until man sent his 'son' packing back to the Heavens. After that the gloves were off. God does not owe us anything. We owe him. And, not e...

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Swiss banking secrecy (Chappatte)

Well I'll give you points for the attempt. But the following is the next step in the chain. In America we have thousands of banks. According to Warren Buffett only 4 needed bailing out. The reality is when you have a government project the magnitude of what the Democrats were creating, somebody is ...

Well, I think Kant was 'useful', particularly in showing the knots one ties themselves into trying to explain extensions by starting with the brain. No knot to me. Just a scientific fact one occasionally needs to take into account during certain philosophical discussions. ;) You become too passive....

Mr. Perfect wrote:Do you know that Barack Obama spent 9 months passing a health care bill that now has public support in the 30% range? That is what I was talking about.

I have no idea what it means.

Parodite, no offense but I think you don't really grasp a lot of what happened in this case. In 2008 we bailed out 9 (?) banks in America, out of thousands, because their portfolios relating to subprime mortgages were going to default to the point that they would go bankrupt and become insolvent. T...

It depends. A GOP President would never have done health care or half the stimulative stuff done by Obama, and probably not T&A/TSA and most of the other Obama constitution subversions. We would likely have pulled out of Iraq sooner with a GOP President. So depends on what you are looking for. ...

parodite, you shouldn't have gone to all the trouble. If the problem was "banks not regulating themselves", or whatever terminology you care to employ, then why were the failures in loans confined to one type of loan, that is subprime? Why did not loans fail in general, since in general t...

So this confirms the suspicion that it doesn't matter who is POTUS. Any pair of white teeth will do.

Joint Forum the Joint Forum (previously known as The Joint Forum on Financial Conglomerates) is an international group bringing together financial regulatory representatives from banking, insurance and securities. It works under the international bodies for these sectors, the Basel Committee on Ban...

First off: if the subprime credit market were the only sick baby, what is the rest of the world so worried about now? Ask them, it is not my problem. As for the US it is more to do with our national debt, which has little to do with the subprime market. As I understand it, the non-regulations allow...

They didn't decide to deregulate. They decided to build the subprime mortgage market. That is not deregulation. That is activist regulation. If a regulator does it, it is regulation. The UK can do whatever they want I don't particularly care. P, you will note the only credit market to fail was the ...

I'm sorry P, you simply don't have the foggiest idea what you are talking about. The regulators approved and encouraged everything that happened, therefore deregulation has less than nothing to do with it. Had there been more regulators, or more powerful regulators the problem would have been worse...

The Democrats caused the financial crisis, I don't agree. A number of them, and many others, many many others included millions of ordinary citizens were given the opportunity and seduced to do very stupid and detrimental things once the financial market was deregulated and going out of control. It...

It isn't that simple, Azari. In Exodus God proclaims different types of laws. The ten commandments are how we are to honor God and are completely non-negotiable. But a bit later in Exodus, God gives a rather disorganized bunch of laws designed to aid the peaceful cohesiveness of the community. Thes...

A sacrifice in the ordinary sense also helps as a reminder that "we are not there yet". We not do everything right already. So it helps focus on ones own responsibility, decision to do better. As for the sacrifice of Christ, the story also often is read as simply the hero not giving up nor...

Mr. P. Your clearly don't understand "socialism". You confuse it with social capitalism. Socialism is practically extinct because it didn't work. Social capitalism is what most people in the West support. It does not equal big government, on the contrary. It equals free market, small gove...

Hans Bulvai wrote:

Typhoon wrote:Demon of Undoing

Finally!

Should now be Demon of Redoing?

The old crew on a new boat. I like it. Wonder what will happen 21 dec. 2012; will we be beamed onto a spaceship? Earth will be old hat no doubt.

Prayer is supplication and entreaty, and I think it's unfortunate that English doesn't capture prayer particularly well despite the beauty and depth of the language as crafted by Wycliffe; Cranmer; Shakespeare; Milton; Chaucer; Donne and others. Yes, I'm sure for many people praying is much more th...

Isn't this about free will? I don't think it really exists. One cannot seem to actively control their thoughts and decisions, they just spring forth and flow naturally. What seem to be decisions are merely thoughts that appear in your head. It's arguably the greatest paradox of existence. A growing...

So, according to what I've read on this thread, it sounds like JP Morgan just stole money from MF Global's customers, with a bit of assistance from MF Global and regulators. Also trying to get this. "Held in street name" means in simple english: "If necessary we will rob you (custome...