Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2009 In Review)
Seeing huge swings in your account value? On margin? Read my "Come to Jesus" Ticker? If not, please do. Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
See The Federationists on their new web site and forum.
Donate to obtain GOLD ACCESS for enhanced privileges. Interested in T-Shirts, caps and coffee mugs? Click here.
RSS available
MarketTicker Forums Read Message in Ticker User: Not logged on

Top Forum Top Login Control Panel FAQ Register Logout

Showing Page 1 of 6  First123456Last
User Info An Ill Wind Blows From Japan in forum [Ticker]
Genesis
Posts: 71432
Incept: 2007-06-26
A True American Patriot!
KD^2
Report This As A Bad Post Add To Your Ignored User List Ignore this thread
http://market-ticker.org/archives/1388-A....

----------
"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-08-30 13:24:54
Permalink
Stemmit
Posts: 2035
Incept: 2007-09-07

NYS
Report This As A Bad Post Add To Your Ignored User List
Quote:
Time is drawing short for The US to clear The Bezzle on a voluntary basis

Power will not be relinquished voluntarily.

----------
The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who in the name of charity and goodwill shepherds the weak through the valley of darkness, for he is truly his brother's keeper and the finder of lost children. And I will execute great v
2009-08-30 13:32:01
Permalink
Obseedian
Posts: 8254
Incept: 2007-07-26

RIMM Central
Report This As A Bad Post Add To Your Ignored User List
I wonder if this will rocket the yen and cause a nasty selloff here in response.

----------
Would you give your money to these banks? http://bankimplode.com/list/troubledbank....

Genitalia - Not just another Italian airline!
2009-08-30 13:37:07
Permalink
Asimov
Posts: 26716
Incept: 2007-08-26

east tennessee
Report This As A Bad Post Add To Your Ignored User List
Quote:
I suspect we're about to get a lesson in reality from our friends over in Japan and China - a lesson we may not like at all.


Why do I yet again get the impression that we're copying the japanese with our economic decisions? Who will we be ****ing over in 20 years when we decide to throw out our worthless government? Think the US Sheeple will react quicker than that? I sure hope so.

Quote:
Time is drawing short for The US to clear The Bezzle on a voluntary basis, lest we be forced to as a consequence of US Debt rejection by the Asian nations that have, thus far, enabled us to continue this charade.


Judging by the noises they're making, it's already too late. Just imagine what the political chances are for the new government retaining power if they reverse on something so important so soon after the election? Even if we do start doing the right thing. I think they're going to go through with what they've got planned regardless of what we do.

----------
It's justifiably immoral to try to deal in a moral fashion with an immoral entity.

If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-08-30 13:42:50
Permalink
Obseedian
Posts: 8254
Incept: 2007-07-26

RIMM Central
Report This As A Bad Post Add To Your Ignored User List
Quote:
Who will we be ****ing over in 20 years when


South America, judging by all the new "free trade" agreements.

----------
Would you give your money to these banks? http://bankimplode.com/list/troubledbank....

Genitalia - Not just another Italian airline!
2009-08-30 13:45:31
Permalink
Ilikecoffee
Posts: 1019
Incept: 2008-04-17

cold , AK
Report This As A Bad Post Add To Your Ignored User List
Does that mean 'change' they can believe in? Where have I heard that before?

----------
You can trust the government, ask any American Indian.

"When people lose everything and they have nothing left to lose, they lose it" Gerald Celente
2009-08-30 13:46:30
Permalink
Nuke_engineer
Posts: 774
Incept: 2007-08-19

NC
Report This As A Bad Post Add To Your Ignored User List
Quote:
Who will we be ****ing over in 20 years when we decide to throw out our worthless government?


That's not the question that worries me. The one that does, however is:

Who will we be ****ing US over in 20 years when we decide to throw out our worthless government?

----------
HAL, All trespassers and pigmen vampires must be shot. Survivors will be shot again. I need to buy more ammunition!

Scotty, Beam Me Up to the Land of Glass-Stegall!

Last modified: 2009-08-30 14:07:57 by nuke_engineer

2009-08-30 14:07:02
Permalink
Drake
Posts: 939
Incept: 2007-07-27
Report This As A Bad Post Add To Your Ignored User List
The Us will not voluntarily clear The Bezzle.

It will NOT HAPPEN! Voluntarily.

Take appropriate steps to get yourselves ready for the inevitable.

Just so you know, in general, and in my opinion,the Chinese HATE the Japanese.

If China ever had the chance, in my opinion, they would FLAME Japan. In the meantime they will use them.

----------
The wise are aware of their treasure, while fools follow their vanity.

Reality is the murder of a beautiful theory by a gang of ugly facts!

2009-08-30 14:08:08
Permalink
Patentleathershoes
Posts: 7642
Incept: 2007-09-13
A True American Patriot!
Looking forward to PB&J time!
Report This As A Bad Post Add To Your Ignored User List
Bad sushi?

Sorry. Couldn't help myself.

2009-08-30 14:18:52
Permalink
Mm^^
Posts: 2330
Incept: 2008-10-01
A True American Patriot!
Gone, Baby, Gone
Report This As A Bad Post Add To Your Ignored User List
Spot on, Drake. There is no way our gov't will ever stop the bezzle, spending, or use common sense on our economic problems. Heard from Volker lately? MIA....


However, this is a very good sign for me. I'd love to see our **** stopped by a foreign entity, even if it gives cover to Ben and his cronies. That's the only way it's going to happen anyway. Bring it.....

----------
I always leave cookies.
2009-08-30 14:20:56
Permalink
Brain
Posts: 53
Incept: 2009-06-29
Report This As A Bad Post Add To Your Ignored User List
China won't be flaming Japan anytime soon:

http://search.japantimes.co.jp/cgi-bin/n....

There is definitely bad blood between the two; but Japan is the lesser of two evils for China.

Japan already dumped $134 billion under the table, earlier this year; I would expect MUCH more of the same with the new leadership. I welcome such a scenario.

2009-08-30 14:29:14
Permalink
John117
Posts: 221
Incept: 2009-02-19
A True American Patriot!
NOVA
Report This As A Bad Post Add To Your Ignored User List
About three years ago I took part of a forward looking thought experiment for the US Coast Guard called the Evergreen Project. http://www.futurestrat.com/scenario-proj....
We took about 200 leaders and broke them up into 4 "possible future worlds" to find cross cutting strategic positions (policies, equipment, training, etc.) that would address several potential future worlds we might face as a nation by 2026.

One was a world of constant conflict where terrorists & state sponsored conflicts impacted everything.
Another was called "Be Careful What you wish For" where the US remains sole world power and everyone comes to rely on us for everything.

I forget the third, but my future world was called "The Asian Way" where a declining US holds no influence over the world as Asian powers take over economical & culturally. In that world, "Go West Young Man" meant learning Chinese and headed across the Pacific to find a better future.

I knew at the time that this was the most likely scenario. I just didn't think it would happen so fast.

----------
Now we face the danger which in the past has been most destructive to the human - plenty, comfort and ever increasing leisure. No dynamic people have ever survived these dangers. - John Steinbeck
2009-08-30 14:31:27
Permalink
Karlmarxghost
Posts: 2641
Incept: 2009-01-26

Stealing Your Property
Report This As A Bad Post Add To Your Ignored User List
Interesting times indeed. It kinda reminds me when we ****ed up and invaded Iraq and the Sunnis and Shiites tag teamed our soldiers. We managed to have two groups fighting for centuries ally with each other for one common cause. Now we have China and Japan two BITTER enemies rubbing up together for a common cause, once again the US. I mean how ****ing dumb is our government. How do we manage to **** off people to the point of they would rather be friends with centuries old enemies than deal with us.

I don't know what to say anymore. Im glad people are waking up but there are still to many people who believe this is a Republican or Democratic issue and not a one big criminal cabal issue. Until I see more people discontinue the toeing of party lines Im going to still have some apathy.

----------
My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
2009-08-30 14:34:53
Permalink
Christiangustafson
Posts: 770
Incept: 2007-06-27

Baader-Meinhof Gang
Report This As A Bad Post Add To Your Ignored User List
Awesome news. Tick tock tick tock cutting off the leachf*** nation soon.

----------
WE SHALL CLEANSE THE WORLD

2009-08-30 14:51:31
Permalink
Lordhumongous
Posts: 1973
Incept: 2008-09-29

USA
Report This As A Bad Post Add To Your Ignored User List
Right on TJ, we did such a great job ****ing up Iraq.

Keeping Saddam in power was by far the most optimum way to keep the Middle East stable. American's can't use their brains, they always drink the Kool-Aid on command. Would the 19th century British Empire ever have acted as stupidly as we did?

Someone remind me again how Saddam came to power? Didn't we prop him up for years? Of course, that was back when the US government still had (some) brains. Oh yeah, didn't he keep the Iranians tied down for more than two decades?

Kind of nice having an anti-jihadist right in the middle of the M.E. whacking jihadis on his own dime. It was working so well we had to take over the franchise. Now we own the place.

Saddam was bad because people were tortured and killed. How many people did we kill taking over Iraq? How many have we tortured trying to keep that place together?

Was Saddam torturing and killing doe eyed wanna-be Patrick Henry's, or was he offing Shiite maniacs in league with Iran? My guess is that 98+% were ****heads that had it coming anyways. The rest are balanced out by the people we whacked taking over the place.

Wouldn't it have been far cheaper in American lives, dollars, and prestige to have simply kept the status quo?

Are we safer now or before we went into Iraq? We're definitely less free and poorer.

Same deal with the Far East. We bankrupted ourselves and shipped our manufacturing capacity overseas to curry favor with Japan for decades. Now we are pushing China and Japan into each other's arms while we are about to collapse.

Way to go USA. What a bunch of **** ups.

I don't buy the "Go West Young Man" scenario though, I think it's pretty obvious at this point that we're going to have another World War soon. Our bond market isn't going to matter much longer one way or the other.

----------
Freedom. Is there anything it can't do?

Last modified: 2009-08-30 15:18:41 by lordhumongous
Reason: grammar

2009-08-30 14:58:18
Permalink
Wisc-xc
Posts: 4828
Incept: 2007-07-14

outside chicago
Report This As A Bad Post Add To Your Ignored User List
This has got to be bearish for US markets. Too much uncertainty.

2009-08-30 15:04:10
Permalink
Froghat
Posts: 213
Incept: 2009-01-28
Banned
Report This As A Bad Post Add To Your Ignored User List
So, how does the everyday person prepare for this? Buy gold?

2009-08-30 15:04:41
Permalink
Cyppok
Posts: 35
Incept: 2009-03-25
Report This As A Bad Post Add To Your Ignored User List
Couldn't China and Japan just peg their currencies to each other while unwinding their treasuries as maturities come due?

The oddest thing I could thing off would be an exchange of dollars for SDR holdings and then an exchange of those for IMF gold holdings it would be cheaper than going into the market and more effective. Would not disturb the gold markets but simply transfer from one entity to others.

2009-08-30 15:08:24
Permalink
Marketpirate
Posts: 788
Incept: 2007-11-30

New York
Report This As A Bad Post Add To Your Ignored User List
Froghat buy GUNS.

----------
Make love, not loans.
2009-08-30 15:08:27
Permalink
Lordhumongous
Posts: 1973
Incept: 2008-09-29

USA
Report This As A Bad Post Add To Your Ignored User List
What are China and Japan going to do, export to each other? Most of their current trade is for components that are assembled and exported elsewhere. Their whole economic system is just as unsustainable as ours is.

How much cheap plastic **** do rapidly aging Japanese consumers want or need? Isn't the average Japanese house about the size of the closet space in the average new American home? They don't have anyplace to store that ****.

The Japanese already have all the crap they'll ever want or need. Anything they buy will simply be replacements for things that wore out.


----------
Freedom. Is there anything it can't do?

Last modified: 2009-08-30 15:27:09 by lordhumongous

2009-08-30 15:13:54
Permalink
Rmonical
Posts: 2155
Incept: 2007-07-04
A True American Patriot!
Omaha
Report This As A Bad Post Add To Your Ignored User List
"Couldn't China and Japan just peg their currencies to each other while unwinding their treasuries as maturities come due? "

They have to recycle their dollars by buying US stuff. If they don't buy bonds, they have to buy something else: real estate, cars, toxic financial instruments, whatever. The price that they pay for maintaining a trade surplus with the US is that they have to recycle the dollars they earn.

----------
The truth is out there
2009-08-30 15:16:35
Permalink
Cyppok
Posts: 35
Incept: 2009-03-25
Report This As A Bad Post Add To Your Ignored User List
thats true but if they peg currencies to each other both will remain cheaper longer right? I get it that they have to buy U.S. stuff but thats not the point.

If they peg to each other wouldn't that slow down the appreciation is they start easing out of the dollar and keep them both more competitive?

This is a time play ergo both want enough time to unwind but not to zoom their currencies to the moon while they do so. If they could transition to other markets by creating currency agreements with other countries they could transition easier while slowly easing out of the dollar.

2009-08-30 15:22:03
Permalink
Asimov
Posts: 26716
Incept: 2007-08-26

east tennessee
Report This As A Bad Post Add To Your Ignored User List
Quote:
Who will we be ****ing US over in 20 years when we decide to throw out our worthless government?


Here, let me fix that for you:

Who will we be ****ing US over FOR 20 years when we decide to throw out our worthless government?"

----------
It's justifiably immoral to try to deal in a moral fashion with an immoral entity.

If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-08-30 15:23:31
Permalink
Statusquojoe
Posts: 2397
Incept: 2008-11-20
A True American Patriot!
Land of the fees Home of the slaves.
Report This As A Bad Post Add To Your Ignored User List
Quote:
Who will we be screwing the US over in 20 years when we decide to throw out our worthless government?


The same crew who has been at it ever since the first American revolution. You think we fought 2 world wars for our own interests? Every single conflict since has been inspired by an ages old imperial model. The sun hasn't set (yet) on the British Empire.

----------
"In short, you are the definition of moral hazard." Senator Bunning to Bernanke
2009-08-30 15:23:33
Permalink
Laura
Posts: 3153
Incept: 2008-05-05
A True American Patriot!
Florida Space Coast
Report This As A Bad Post Add To Your Ignored User List
Bad sushi for US in the near term, but, maybe a clean slate in the mid-term, if it gives us a [nobull****] Congress, Administration and President. IMO, it makes it less likely we follow the Japanese economic model going forward.

TJG, when a country interferes with conflicts shy of genocide that have been going on for millenia, it is a country with foolish foreign policies. We should have put a sunset clause on every base we've built.

----------
Karl's just a shill for Big Math. 1LumpSum
Honey, where's the AK ? Tyler Durden
My Ford focus can get me from point A to point B just as good Tigger's Cadillac. And my back door window is not broken. Mliu
2009-08-30 15:26:19
Permalink
Top Forum Top Login Control Panel Logout
Showing Page 1 of 6  First123456Last

AKCS V12.1 Copyright 1993-2010 Karl Denninger. All Rights Reserved
Email the AKCS Owner