DISQUS

aarondelcohen · 1 year ago

Yes we Can!

infoarbitrage · 1 year ago

Rock on, Aaron. Rock on.

Ted Murphy · 1 year ago

Oh man, I can't believe this post. You point out that economic events will naturally result in increased military spending and posturing from Russia and China -- a brilliant focus, one that I have not heard before -- and then you devolve into some kind of namby pamby malarky about helping each other because the US is powerless to act unilaterally. I am going to puke.

Here's a news flash: we are not all in this thing together. We are all in this thing for ourselves, our tribes and our countries. Get it? Its not our leaders' fault if they act in the best interests of their countries. That is their job, not their aberration. I'm going to puke because I'm beginning to think we may be out of the frying pan and into the fire.

infoarbitrage · 1 year ago

Ted, raw emotions notwithstanding, you are missing the point. The point isn't that I'm being "mamby pamby," it's that we are caught in a prisoners dilemma, the magnitude of which we have not seen in our lifetime. If mamby pamby means trying to strike a mutually beneficial agreement that extends beyond ourselves, then guilty as charged. Otherwise, if we all "defect" and think only of ourselves, we all lose. However, if we trust and others don't, we're fu*ked. Conversely, if others trust and we renege, they're fu*ked. Ergo, the best outcome is one where we all consider the actions of others and hopefully act together to solve our collective problems. If you call this mamby pamby, then you are a masochist. It's called rationality. Purely self-motivated actions generally don't work in a prisoners dilemma because of the reflexivity of the relationship. Unfortunately, this is where we currently find ourselves.

Ted Murphy · 1 year ago

I'm calling you namby pamby because you believe you can look beyond your tribe and your country to find your fellow prisoners. That may be unfair. You may be so wealthy and self-reliant that you actually can look beyond your tribe and country to find the people that have the biggest impact on your well-being. In my opinion, 95% of americans, and 99% of non-americans, do not have that luxury.

infoarbitrage · 1 year ago

You and I simply don't agree. I do not believe wealth plays any role in the dialogue. We are all prisoners in the current crisis, Ted, like it or not. The risks aren't simply to the economy, but to civilization. This is where money matters not at all.

wtf · 1 year ago

Here's a barf bag...now, grow up.

infoarbitrage · 1 year ago

wtf, next time you have a stupid and vacuous comment to share, don't. If you have something real to add to the discussion, then do so. This isn't a message board.

wtf · 1 year ago

Sorry for the late reply, been busy and I realize that's no way to engage in the type of dialogue you obviously seek to establish here. My apologies.

But I take offense that you think this was a stupid and vacuous comment. Maybe your reply to Mr Murphy's response on his need to puke was more polite and 'hopefully' more productive. However, I have my doubts.

Last I checked, Mr. Murphy's attitude of intolerance and his inability to recognize the benefit of a win-win relationship (not to mention his 'namby pamby' naming calling) qualifies him as ignorant and childish.

I call a spade a spade. Sorry, but Mr Murphy does need to grow up!. If that offended your 'namby pamby' sensibilities then you are right to expect no further interest from me in commenting here. I would hope, and to be honest expect, that this is not the case, but if so I will live through it.

-wtf

infoarbitrage · 1 year ago

wtf, let me clarify my position. what i want on this blog is the kind of thoughtful perspective you just shared. i have thick skin; i can handle being called names (i don't like it but i can handle it in the face of critical dialogue), but i get frustrated with one-liners that are negative without any rationale or support. i guess my feeling is that if someone wants to be critical, they should back it up with more detailed thoughts. while i don't particularly like mr. murphy's positions, he made those positions pretty clear and it facilitated a useful dialogue imho. you clearly have more to offer than "here's a barf bag" - just a sentence or two as to why he should get one is all i am looking for. thanks for taking the time to reply.

wtf · 1 year ago

Thanks for the clarification. I understand your position.

Regards,
-wtf

Jean-Philippe Martin · 1 year ago

Pretty inspiring. Thanks!

Andrew · 1 year ago

I agree Roger. Anyone who is going to come on here and argue that we aren't completely intertwined with the rest of the world's financial system either doesn't work in this business, or is a contributor, either large or small, to the conditions that caused our current dilemma. Look at the Nikkei for instance (obvious example), it has been a mirror of the Dow. Look folks...there's only a couple ways out of this... we all work together, we honor each other's debt and agreements...or it'll be the cause of World War 3 because our debtors will demand to collect real assets and we obviously aren't going to just turn over NYC or Yosemite National park. What other options are there?

Poppa Bear · 1 year ago

This is the same story as the 1930's and even the same players are around for a second go at imploding the economy. I expect the main results to be similar, including huge unemployment, homelessness and endless bankruptcies. I think the one big difference between now and the 1930's will be the complete debasement of the U.S. Dollar.

Read this article on King Henry paulson.... http://www.bearmarketinvestments.com/paulson-2

mike · 10 months ago

You said China could build "a massive, 21st century nuclear-powered Navy."

Why would China interested in repeating the American's mistake of attempting global "dominance"?

Does it make any sense to you? Not to the Chinese!

Chinese are not as stupid as you think. If you want to look at a stupid person, just look into a mirror.

infoarbitrage · 10 months ago

approved

infoarbitrage · 10 months ago

mike, i said could, i didn't say would. you seem to have interpreted my view as a prediction, which it clearly was not.

why you feel a need to be so rude and hostile is beyond me.

take a deep breath before commenting next time. you tone is not constructive.