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Topic: Economic Devastation - page 86. (Read 504811 times)

sr. member
Activity: 420
Merit: 262
April 25, 2015, 01:37:48 PM

Excellent you killed my boner!  Cheesy

That captures well the decadence of the baby boomer generation at this stage and the impending death of the Industrial Age system including pensions and all that.

Hey now it is time to grow up and stop quoting the person who was replying to me in order to pretend you don't toggle ignore to read my posts.  Wink

Come on man, you are apparently a reasonably smart and creative person. Ego won't help you at all. There are so many examples where you were disproportionately offended.

You will lose the bet.

Sir Richard is one of them. He is their poster boy. He has already front run the coin and I have shown you the hard evidence even though they scrubbed it. You accuse others of not reading yet you do the same. Bitcoin is their baby. Bitcoin was not created by one individual named Satoshi Nakamoto. Bitcoin was created by DARPA and I can prove it

...

So there you have it. Quit denying what is right in front of you. I have shown how they are going to denote it and it will be worth trillions, perhaps more.

You can not stop it. It is coming full steam ahead. I am out to grab as much as I can and just before they reel it all in I will tune out and disappear into the hills.

I do not see anything about the derivatives bubble popping nor BRICS nor rehypothecated gold. I think that the derivatives fraud is the lit fuse to spread the contagion like a wildfire in tinder dry conditions.

I did allude to that. See the underlined text below:

While Armstrong is a smart man and seems to have made some timely predictions, I think that he is out in left field with some of his rants.

Readers here is a link to his amazing predictions that were correct. Armstrong was even born in a house with the street address number of 3.14 (Pi π).
sr. member
Activity: 420
Merit: 262
April 25, 2015, 01:27:57 PM
sr. member
Activity: 420
Merit: 262
April 25, 2015, 12:12:30 PM
legendary
Activity: 2940
Merit: 1865
April 25, 2015, 12:03:46 PM
...

Attn: Fellow Marxists Idiots / Simpletons / Other Suboptimals

Clearly very smart people don't need to bother with Dale Carnegie courses and all.  Besides, you will all be taken care of when Al Gore and George W. Bush have finished with you all with Michael Rupperts' program.

Now get your worthless asses back to work back!

The Management
donator
Activity: 1722
Merit: 1036
April 25, 2015, 11:40:20 AM

Quote from: Armstrong
When there is no means to defend yourself or your property, the game is over – it is checkmate. Society cannot function when there is no means to address corruption. That is where the United States now stands.

Can a simpleton even understand it is insane to hand the keys to sociopaths? And if you build a government more populous than your Dunbar limit, the sociopaths will populate it. How many examples do you need from 6000 years of recorded human political-economic history?

This simpler writing style is much more appealing to me. Unless you want to restrict your audience to be very few, I exhort you to cultivate the skills to write at about this level.
sr. member
Activity: 370
Merit: 250
April 25, 2015, 10:50:56 AM
You have to understand that decentralized experimentation is extremely resilient and can not spiral into total destruction of information. If you show me you are putting on your thinking cap and being more open minded to reason, then I will explain to you analytically why this is the case. It has to do with the fact that spread of local experimentation encounters friction when propagating to global change (e.g. individual taste and circumstance is a friction), i.e. local degrees-of-freedom don't convey probabilistic global information; whereas, the incentives in top-down, collectivized control is self-reinforcing to 100% global coverage, i.e. the friction reduces over time. Moveover it is because the universe has no external vantage point and everything is relative, thus there is no way to define the distinction between information and noise on the whole.

In the evolutionary error threshold theory thought-experiment (not real world, and really just masturbation junk science), the hypothetical (not real world) mutation rate is ramped up from centralized, top-down control. In the free market, no one can say whether the information is being created or destroyed because there is no absolute point to measure from.

What you need to understand, that iexperimentation doesnt matter, if you have succesfully reached the optimal, you need to defend it.
After experimentation comes implementation, and if you fail you are wiped out. And this is what efficiency is all about and this determines who persists. So here comes the whole collectivism charade...

Even in networks the paths that have less friction are chosen regardless of the connectivity ( dof), Eventualy patterns that achieve efficiency records will be replicated and thus lower entropy even if the number of nodes is high and connectivity is high. Agents will always try to maximize efficiency not entropy, even in the knowledge age.

Information is neither destroyed neither created

There is the information content of the environment, there is the information an agent knows about the environment, there is the information an agent knows about itself, there is the information the agent doesnt know about the environment (environment entropy) and there is the information about itself an agent doesnt know (internal entropy), *so entropy is in the eye of the beholder, not actual quantity anyways.* do we agree on this?
sr. member
Activity: 420
Merit: 262
April 25, 2015, 10:05:23 AM
---------------------------- Original Message ----------------------------
Subject: Government will always be corrupt; freedom only comes from reducing not reforming government
Date:    Sat, April 25, 2015 11:58 am
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------


I surrender on educating my highly abstract (higher-order generality, generative essence) conceptualizations. The result is no different than if I was writing in the Klingon language. It is pointless here because it is well known that most humans can’t think in abstractions. My bad (mea culpa) for trying to share or teach conceptualizations that readers don’t have the capability or inclination to understand.

Since it seems my upthread generative essence logic is incomprehensible to mainstream minds (perhaps aminorex or other very high IQ lurkers might be excluded, and since I don't yet have free time to compose a well structured essay to try—ostensibly in futility to—overcome the cognitive dissonance), I will attempt to raise this discussion down to the primates’ “primitive, post-paleozoic, hunter-gatherer”, hindbrain Twitter soundbite level of reasoning which I surmise commentators here seem capable of semi-cognitively consuming.

CoinCube’s primative folk illogic (i.e. not based on any rational generative essence but we can’t go there because of the incapacity to comprehend) writes that we should err on the side of caution because of the tail-risk that anarchy (a.k.a. free markets, high entropy, or autonomous freedom) could become unstable or otherwise cause great harm if wasn’t balanced with top-down control.

Nevermind that CoinCube doesn’t seem to appreciate that the math that free markets anneal to a plurality of decentralized, top-down control as demanded and supplied by the people in a continuously self-adjusting, highly resilient system (i.e. no tail-risk of collapsing to 0 entropy in a Dark Age as governments do). That generative essence entropy discussion will fly right over his head, at least perhaps until I take the time to make the presentation irrefutable (but even then it might be futile, so I may not even bother because I have more important work to do on actually providing solutions that we all need). One reason that readers have this cognitive dissonance is because they conflate the power wielded by corporations in the capitalist system with free markets in general. Yes it is true that the Industrial Age required large stored monetary capital and only a very small component of individual knowledge capital, thus power was naturally centralized amongst those who could enslave society with money. But the Knowledge Age changes the natural outcome of the free market, because the incentives are realigned by the fact that the primary cost of production has become the indivdual’s knowledge.

But wait. There is a simpleton argument I can make. Did CoinCube ever bother to contemplate what about the everyday risk of the top-control control doing harm well before any totalitarian collapse rather just as a normal outcome of the inalienable fact that centralization of power/control (is a power vacuum that) attracts to the positions of power/control those who will abuse power?

http://armstrongeconomics.com/2015/04/25/just-us-its-a-business-exploiting-others-for-personal-gain/

Quote from: Armstrong
The Ohio Project Innocence has won a victory where men have finally been released holding the record for the longest wrongfully held – 39 years. In 1975, ...

In a prosecution of Italians, this one guy subpoenaed his own phone calls from prison which are all taped. By mistake, they gave him is co-defendant who had turned to be a “rat” I listened to the tape where the prosecutor was telling the rat he needed him to testify against someone else as well. The rat said he did not know that person. The prosecutor replied, “don’t worry, by the time I am done with you, you will know him like he’s your brother.”. The tape was given to Judge Kaplan. He ruled it was irrelevant for that was a different case even though it was the same rat testifying against him. You quickly realize, nothing is real and the press supports the system for they just regurgitate whatever the government tells them.

When there is no means to defend yourself or your property, the game is over – it is checkmate. Society cannot function when there is no means to address corruption. That is where the United States now stands.

http://armstrongeconomics.com/2015/04/24/police-do-not-rat-on-police-neither-do-judges-richard-owen-above-the-law/

Quote from: Armstrong
Police misconduct is everywhere and nobody seems willing to prosecute any officers for outright murder. This same code of protecting their own exists even more so among judges. After watching the “The Forecaster”, many people are shocked at how Federal Judges are totally out of control, sending emails commenting on new articles appearing on Judge Richard Owen. Far too many judges believe they are some demigod...

Can a simpleton even understand it is insane to hand the keys to sociopaths? And if you build a government more populous than your Dunbar limit, the sociopaths will populate it. How many examples do you need from 6000 years of recorded human political-economic history?

Why can’t OROBTC and most simpletons comprehend that the sociopaths you can’t see because the government is more populous than your Dunbar limit, who are lurking and in control of the government, will offer to prosecute and attack scapegoats to keep you appeased while they retain the control behind the curtain. Reform is always a lie. For example, it was a lie even when Napoleon promised to liberate after the French Revolution. The banksters have always been in control of collectivized government behind the scenes and always will be.

It would be a lot more productive and beneficial to all of us, if we move on with creating the technological solutions we need and stop wasting our time trying to change deeply ingrained (even willfully ego driven, stubborn) cognitive dissonance.
sr. member
Activity: 370
Merit: 250
April 25, 2015, 09:58:55 AM
CoinCube,

My points are irrefutable.

I do not believe they are. However, to go further we will need to take this discussion to a more technical level and clarify some terms.

Please provide your definition of entropy.
Here is mine: the information you dont have access to.
donator
Activity: 1722
Merit: 1036
April 25, 2015, 08:39:55 AM
OROBTC, you are naive Marxist simpleton. Please learn to read. I doubt you will ever understand. Sigh. I give up.  Cry

TPTB is there anyone in this thread who you have not yet called a Marxist idiot?  Roll Eyes

I don't remember being called both of them in the same sentence.

Is that true?  Cheesy
legendary
Activity: 1946
Merit: 1055
April 25, 2015, 12:46:29 AM
Strong antipathy for Armstrong is probably motivated by circumstantial evidence and signalling cues to the effect that he is a scammer of questionable sanity and competence.  I think that is unfair, although I do find some of his clearly established puffery distasteful - so distasteful that I have not, even yet, done appropriate diligence on his body of work.

I have been (very slowly) reading through Armstrong's early prison writings. Like you I have not researched his model yet.  Armstrongs knowledge of history is extensive, some of his opinions are a bit off. So far my initial tentative impression matches that of Fedwatcher from the link Wekkel provided a few pages back.

http://market-ticker.org/akcs-www?post=229998

Quote from: Fedwatcher
I have followed Martin Armstrong's writing for years. He has built a non-emotional computer model called the Economic Confidence Model and it is driven by cycles that have been running for thousands of years. It is very good.

However, when Martin writes about what he thinks "Should Be" it is based on him also being a trader in foreign exchange, equities, debt, and physical assets. "One Dollar of Capital" changes the rules of the game in ways that he may not like.

There are facts and there are opinions. Martin is very good in describing historical facts but he is often on the wrong side regarding opinions. One must remember that his paying clients are the rich and powerful.
legendary
Activity: 1946
Merit: 1055
April 25, 2015, 12:16:15 AM
OROBTC, you are naive Marxist simpleton. Please learn to read. I doubt you will ever understand. Sigh. I give up.  Cry

TPTB is there anyone in this thread who you have not yet called a Marxist idiot?  Roll Eyes

The gorilla roar male chest thumping strategy loses its effectiveness when it is repeated in every post.  Cheesy
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 24, 2015, 11:22:27 PM
Strong antipathy for Armstrong is probably motivated by circumstantial evidence and signalling cues to the effect that he is a scammer of questionable sanity and competence.  I think that is unfair, although I do find some of his clearly established puffery distasteful - so distasteful that I have not, even yet, done appropriate diligence on his body of work.  Also, if his model is consistently proven to be highly predictive on an on-going basis, it will destroy a lot of deeply held, almost religious, views on market behaviour, and damage the incomes and reputations of of many financial professionals and academics.  I would enjoy seeing that.  Also he will have scooped me.  That would tick me off.

Cycles:

member
Activity: 420
Merit: 10
April 24, 2015, 10:49:15 PM
...

Fake Hillary hand.  The real thing would be scummy and wrinkly.  People like her do not age well.  Dirty-up that picture a bit!

*   *   *

TPTB, my response re Flash Crash is on that other thread.  I am not the sharpest knife in the drawer, but if you read my response, you will note that I am quite hostile to ANY real totalitarianism, having experienced it myself in at least three countries as well as my granny having suffered BIG TIME in the late 1940s in Poland after WWII by the Reds.

CoinCube has a point re government, my inclination is closer to yours (less is better, my wording), but some .gov seems to be necessary to get some stuff done.  But, there is no doubt that we have been heading the wrong way a long time.

A small .gov supervised by an alert & well-armed populace.


rofl
legendary
Activity: 2940
Merit: 1865
April 24, 2015, 08:19:46 PM
...

coinits

Ha ha ha!  Yeah, that is clearly a more recent picture.  Made my evening.  I will now eat "Lomo Saltado" (here in Peru for our daughter's wedding) con mucho gusto tonight!  Thanks for the, erm, laugh!

TPTB

Thanks for sharing some code.  I will study it.  I like learning new tricks with SQL, I will see if I can get something out of it for my analytical sales database (alas, MS Access, as I am not a programmer, but I do write most of my good queries with their SQL option, a lot of the info I need can ONLY come by writing SQL not via their "wizards").

Also, TPTB, I have been more diligent about reading Armstrong's blog almost every day now.

*   *   *

I recommend Armstrong for anyone interested in liberty, freedom and economics/finance.  Note that he is very controversial and many people seem to hate him, I don't know why.  I can understand disagreement, but HATE?!?!?

http://armstrongeconomics.com/armstrong_economics_blog/
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
April 24, 2015, 05:53:28 PM
...

Fake Hillary hand.  The real thing would be scummy and wrinkly.  People like her do not age well.  Dirty-up that picture a bit!

*   *   *

TPTB, my response re Flash Crash is on that other thread.  I am not the sharpest knife in the drawer, but if you read my response, you will note that I am quite hostile to ANY real totalitarianism, having experienced it myself in at least three countries as well as my granny having suffered BIG TIME in the late 1940s in Poland after WWII by the Reds.

CoinCube has a point re government, my inclination is closer to yours (less is better, my wording), but some .gov seems to be necessary to get some stuff done.  But, there is no doubt that we have been heading the wrong way a long time.

A small .gov supervised by an alert & well-armed populace.
legendary
Activity: 2940
Merit: 1865
April 24, 2015, 05:28:09 PM
...

Fake Hillary hand.  The real thing would be scummy and wrinkly.  People like her do not age well.  Dirty-up that picture a bit!

*   *   *

TPTB, my response re Flash Crash is on that other thread.  I am not the sharpest knife in the drawer, but if you read my response, you will note that I am quite hostile to ANY real totalitarianism, having experienced it myself in at least three countries as well as my granny having suffered BIG TIME in the late 1940s in Poland after WWII by the Reds.

CoinCube has a point re government, my inclination is closer to yours (less is better, my wording), but some .gov seems to be necessary to get some stuff done.  But, there is no doubt that we have been heading the wrong way a long time.

A small .gov supervised by an alert & well-armed populace.
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
April 24, 2015, 04:05:39 PM

On the erotic topic, may I disgress (since I know this is male only demographics) how does the thought of depositing inside of Hillary (in her fertile years) sit with you all?  Huh   Undecided

I am hoping for some humorous replies (this thread needs some banter).


Well that made me laugh! Probably because the turn was unexpected.

So are young people waking up to this shit? Perhaps this pop video indicates it (good for a laugh). But many of my 'intellectual' peers are hopelessly socialist.

And on the scapegoat of the flash crash, I only read the headline to know what was going on there- exasperating. It really would be funny if it wasn't at playground level antics, good job regulators! That was good for a laugh, or at least the thought of regulators actually successively achieving their stated purpose!
sr. member
Activity: 420
Merit: 262
April 24, 2015, 02:49:11 PM
I surrender... it is an entire waste of time to try to teach...

OROBTC, you are naive Marxist simpleton. Please learn to read. I doubt you will ever understand. Sigh. I give up.  Cry

Quote
While we already noted that the CFTC and the DOJ have gone full scapegoat retard, by blaming the entire flash crash on one solitary trader (operating out of the UK no less), which means that Waddell & Reed should now sue the SEC for hundreds of millions in lost fees and defamation, it is worth re-emphasizing the hubris and the audacity that these "regulators" have, to assume that sophisticated market participants are truly dumb enough to believe any of this is just shocking.

In any event, going with the bullshit story concocted by the confused brains at the CFTC (whose former head when all this happened, is now being groomed by Hillary Clinton to be America's next Treasury Secretary), and for all those who wish to follow in the "rogue" ES trader's footsteps, here is how Navinder Singh Sarao singlehandedly crashed the entire market, leading to the single biggest loss in market capitalization in history.

So now that you know how to crash the entire stock market single handedly, please do. Because this is not a "market."
sr. member
Activity: 420
Merit: 262
April 24, 2015, 01:43:20 PM
I was feeling low energy and that fatigue I get from M.S., I just ran a reasonably fast mile and now am energized to work.

I have naturally overactive endocrine function and my dopamine is nearly always super stimulated.

The M.S. has taken its toll, but I suppose I function at such a high level with M.S. because I was always hyperactive before it.

My hyperactivity can be drilled down into intense focus and quiet and then all the energy gets focused to the brain. My ability to instantly move that energy between body and brain has been the backbone of my achievements in life. But it wasn't a complete control over mind/body, because I did struggle with the physical distraction of intense spontaneous erections too much until I got chronically ill (but the "problem" returns still sporadically). Also there are times where I can't work because I am too intensely craving for some physical activity.

On the erotic topic, may I disgress (since I know this is male only demographics) how does the thought of depositing inside of Hillary (in her fertile years) sit with you all?  Huh   Undecided

I am hoping for some humorous replies (this thread needs some banter).


legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 24, 2015, 01:18:36 PM
I use 1mg lithium orotate and 5.5mg of mixed amphetamine salts daily.  My view on amphetamine is that if you can feel it, it is probably too much, and if you find your sleep disturbed it is definitely too much.  I might try swapping it with modafinil some day, which has pretty good word of mouth, but i fear it might disturb sleep more, in performance-effective doses.

My income tripled when I started a regular amphetamine regime.  My abilities did not change much, but my motivation to exploit them changed dramatically.  I am prone to depression, which is evidently hereditary; do not tolerate any known antidepressants well; and amphetamine, while it may not alleviate my melancholic inclinations, does render them moot.  Thus, it is a particularly suitable regime for me personally, which does tend to color my views on the subject.

While I am sure there are terrible abuses of amphetamine, just like everything else on the planet, most people would probably get a performance lift from it, or some other dopamine/norepinephrine complex amplifier, when used moderately.  On occasions when I was travelling and ran low, I've found taurine and glucuronolactone to be somewhat adequate to fulfill the function, albeit more difficult to titrate, and more disruptive to the sleep cycle.

I avoid sugar like the plague, get most of my protein from nuts and fish, enjoy a strong breakfast tea, and find it mentally energizing to draw out a wee dram (perhaps as little as 10ml of ethanol net) mature speyside, armagnac, or calvados over the course of a workday - call it aromatherapy.  Some of this may be suboptimal for performance, but quality of life is much more than performance.
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