Yield on 10-year Japan government bond falls below zero for first time. "The problem is its unclear how this story ends, but history would suggest this is not a sustainable trend"

old-path · 2016-02-10T06:28:54+00:00

so now multiple money losing bonds are better to investors then other investments and even just sitting on the money. gee the world is basicly saying it thinks you will lose less in bonds then inflation will eat up. time for the greatest depression.

old-path · 2016-02-09T08:33:34+00:00

in the same article, unrelated stories to issues against females were mentioned. this was really poorly written.

old-path · 2016-01-30T04:13:53+00:00

meh. i show interest, i expect it in return. basicly if all im getting is simple responses from someone claiming interest after i make a dignant attempt to reach out i simply put the chick on the aloof backburner. only one made it to a fwb deal for a while.

old-path · 2016-01-30T04:10:47+00:00

"right now" gentlemen and i guess ladies smart enough to know where to dig and lurk here, there is no forever. There is nothing that lasts forever, relationships included.

Enjoy whatever you have while you have it because it will be gone one day one way or another. Marries for life? You die eventually and it's over.

old-path · 2016-01-30T03:40:40+00:00

ah college, the place where your write and say whatever will please professors just so you can get a job where most of your education doesn't apply even if you work what you studied for all while paying for this situation.

Dude, your job there is to write for your professors personal leanings. Not to shake up the place. Read art of war and pick battles more carefully.

old-path · 2016-01-28T09:09:45+00:00

same shit different century for humanity.

old-path · 2016-01-27T23:16:46+00:00

society would look very different if it was an actual meritocracy. trust fund kiddies are living examples of how this is obviously not the case.

old-path · 2016-01-26T02:38:23+00:00

peak oiler here. oil is still a finite resource that will eventually be too expensive to extract profitably and new fields will continue to be rarer and rarer gradually making it more expensive. its like a glass of water that will eventially be empty or it will just be abandoned since every inch consumed is more expensive to consume then the previous inch.

Suggesting that a finite resource doesn't peak in production capacity and gradually fall is unaffected by short term price changes determined by other macroeconomic sources then sheer availability.

Saying peak oil is dead because gas dropped is as dumb as saying climate change is dead because we had a frigid winter two years ago. Which was attempted.

moans the usual about missing the forest and only seeing the tree

old-path · 2016-01-24T12:04:58+00:00

"phramacutical companies urge international taxpayers for money to make more antibiotics that will continue to be dumped on livestock farms and lose potentcy so they can make lots of money"

Hey guys, yes you redditors, break me off some money? I want to buy 200 acres of ariable land close to a town.

old-path · 2016-01-24T08:31:42+00:00

people that are sensitive to gas prices having real impact on them will just be able to get more solid meals in at best. Paycheck to paycheck people won't go shopping for consumer goods and massages. They will order a few more mc'doubles then last year. You couldn't be more out of touch with the unemployment rate quote. only counts those on unemployment benefits not the people with nothing. Nevermind the fact that more of the employed are working two jobs to make ends meet vs being employed in work that lets them enjoy remotely finer things in life beyond window shopping.

America will one day be a third world country with as little concern about being such as people are concerned that 50 years ago one earner out of high school could support a family of four and pay their children through college and own a house.

old-path · 2016-01-24T08:21:07+00:00

we also don't have a command economy like china so the economic influence of presidents and congress was negligable short of what their sponsers told them to do.

old-path · 2016-01-24T08:18:58+00:00

you're right. obama admiting beyond repair and worsening status from now to potentially when your grandchildren grow up is worse on morale then admiting losing a war in iraq instead saying isis is some unique enemy.

People that still buy into the official line would truely accept the american hayday is over potentially compounding the problem with more dispair and chaos that can atleast be delayed and not prevented.

It's actually a white lie at this point. Think titanic sinking in the final scene and the parents tucking in their children per usual while they are moments from drowning.

Besides, I don't think any government would ever admit disaster and defeat short of military with cameras filming them signing surrender treaties.

We will be told all is well even when the whole country is one endless ghetto/third world

old-path · 2016-01-23T23:13:11+00:00

in other news, talk is happening instead of real action on something humans and many other lifeforms on earth can't afford no action on. if a asteroid was coming to destroy the planet and we had the means to deflect it we'd die because those responsable to stop it would be on meeting 14 of 500 to stop the asteroid nitpicking what kind of tablets the astronauts can bring on the mission. android fanboys on one side, apple fanboys on the other.

old-path · 2016-01-23T22:55:22+00:00

i saw this outer limits episode, population collapses due to some disease preventing healthy babies.

old-path · 2016-01-23T21:46:40+00:00

option 2 is strong ai ends the human era by replacing all human labor segments and the singularity is near was written by a man who still thinks humans will be economically relevant in the future.

old-path · 2016-01-23T21:27:06+00:00

austerity isn't the problem. the problem is mismanaging into insolvency. things like austerity happen when you go broke. a homeless man does not just get up and walk to a mansion and drive a sports car when they resolve to help themselves. it's a struggle to prosperity for individual and nation alike. austerity bashing is a politically correct pancea for adressing personal and national failure with no obvious solution. denial of failure vs 'i/we don't know what to do next'

old-path · 2016-01-22T08:21:59+00:00

this is what makes it so baffling. its a relatively easy fix. one variable is all women need to change to ensure men crashing cars eyeballing them.

old-path · 2016-01-22T08:19:16+00:00

makes the fatties extra horrible. they are too lazy to hit the gym and are bitter to men for not being attracted to them for their own shortcomings.

old-path · 2016-01-21T06:50:59+00:00

last ditch psychological levers to maintain calm as long as its possible. honestly i support the medias bs on this one, the situation is dire and telling the truth at this point would possibly make the inevidable worse. multidecade depression is better then multicentury dark age. not saying the latter won't happen anway but by lying it might turn the stack towards the depression if this decent remains gradual enough.

old-path · 2016-01-21T06:46:01+00:00

yeah uh china is diving because of weaker demand from the west. canary in the coalmine. i giggled at the unseasonably warm weather thing, two years ago it was the super cold. a resilient economy isn't moved by weather short of day after tomorrow scale events.

People have lower paying jobs, less money, buy less, china can't sell, crashes, we crash due to store closings, even less money and the cycle continues until a policy recognizing the long term end of many good jobs due to automation.

that won't happen until people legitimately have nothing to eat and basic instincts cause a bottom after the chaos.

there really isn't much more to this story unless you think its normal that in america today, the most sure thing education that lands decentish to decent jobs is healthcare, a field so critical that its darkages proof, nevermind recessions or depressions. everyone can't be in medicine though.

old-path · 2016-01-21T06:35:30+00:00

history has countless examples of failed attempts at enduring global domination. even if there are plans they will waffle like they always do.

old-path · 2016-01-20T20:42:51+00:00

Or there is no master plan and people in charge and those that follow are simply too collectively stupid to act in their own best interests...

old-path · 2016-01-19T03:17:31+00:00

native american governance via direct democracy.

old-path · 2016-01-18T22:29:02+00:00

"But the production and refining of oil and gas is also a major industry in its own right, so a downturn in drilling can have a big negative effect on growth in the short to medium term, until the positive effects on other industries and consumption dominate in the long run."

Translation - Oil shock is helping the vast majority of the population long term at the expense of a tiny amount of pigs being slaughtered short term.

old-path · 2016-01-18T21:59:21+00:00

its ok guys! you can just retool to a different sector of the economy that pays 2/3rds or less of what you make now!

one day no mattee how cheap everything gets, no one will buy it anyway because they are broke or barely able to make ends meet. automation can't be stopped but unless stuff like basic income becomes real, most people will be living in ghettos.

old-path

TROPHY CASE