If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(USA Today)   Three economists predict gloomy apocalyptic economic future...sadly, without Mel Gibson driving the last of the V8 Interceptors   (usatoday.com) divider line 74
    More: Obvious, Gerald Celente, economic recovery, Debt levels and flows, rebellions, bear markets, financial markets, Mel Gibson, similarities  
•       •       •

7374 clicks; posted to Main » on 27 Feb 2012 at 2:32 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



74 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | » | Last | Show all
 
2012-02-27 11:45:45 AM
3 doctors recommend not brushing daily
 
2012-02-27 11:55:31 AM
I'll bet most of you on Fark weren't even born as of the last time Robert Prechter was right.
 
2012-02-27 12:10:27 PM
Leading this cadre of idiots is Harvey Dent. From his wikipedia page:

In his 2006 work, Dent predicted, "The Dow hitting 40,000 by the end of the decade, the NASDAQ['s] advancing at least ten times from its October 2001 lows to around 13,500, and potentially as high as 20,000 by 2009 ... The Great Boom['s] resurging into its final and strongest stage in 2007, and even more fully in 2008, lasting until late 2009 to early 2010."
 
2012-02-27 02:35:37 PM

Because People in power are Stupid: Leading this cadre of idiots is Harvey Dent.


For what reason would any individual trust an economic forecast derived from a coin toss?
 
2012-02-27 02:35:58 PM
Let me guess. Economy-guessers who are writing a book want people to notice them. How wrong am I?

/at least when the weather-guessers are wrong, all it does is screw up my drive to work.
 
2012-02-27 02:38:06 PM
graphics8.nytimes.com
 
2012-02-27 02:38:13 PM
An overinflated DOW and $4+ for a gallon of gas. Yea, no shiat sherlock.
 
2012-02-27 02:41:28 PM
Walp, Imma saving my nickels and building my survival farm.

/as soon as I leave the accursed People's Republic of New Jersey next year Imma gonna build my arsenal..
//COME AT ME DOOMSDAY!!!
 
2012-02-27 02:43:29 PM

stewmadness: An overinflated DOW and $4+ for a gallon of gas. Yea, no shiat sherlock.


No, Dodd-Frank fixed everything. Haven't you been paying attention?
 
2012-02-27 02:44:36 PM
For reasons long forgotten, two mighty warrior tribes went to war and touched off a blaze which engulfed them all. Without fuel, they were nothing. They built a house of straw. The thundering machines sputtered and stopped. Their leaders talked and talked and talked. But nothing could stem the avalanche. Their world crumbled. The cities exploded. A whirlwind of looting, a firestorm of fear. Men began to feed on men. On the roads it was a white line nightmare. Only those mobile enough to scavenge, brutal enough to pillage would survive.
 
2012-02-27 02:45:50 PM
Well, doomday hasn't hit yet . . . but keep scaring people. You'll get your chance to buy low if you just keep trying.
 
2012-02-27 02:46:39 PM

Dimensio: Because People in power are Stupid: Leading this cadre of idiots is Harvey Dent.

For what reason would any individual trust an economic forecast derived from a coin toss?


Of all the Batman villains one could take financial advice from, Dent should be the last. He'd probably give decent legal advice though (and advice on how to circumvent the law too). I'm sure Ras al Ghul has gotten decent at market manipulation, but he's more about sowing momentary chaos for his long-term ends.

Batnerds, who else would you pick? I'm sure Lucius Fox might be a good source of economic advice, but he's more supporting cast instead of a villain...
 
2012-02-27 02:47:31 PM
It'll be more like "The Road" than "The Road Warrior", though.

I lot of our life comes from the stuff pumped out of the ground and the juice from the wall socket.
 
2012-02-27 02:48:01 PM

stewmadness: An overinflated DOW and $4+ for a gallon of gas. Yea, no shiat sherlock.


How is the DJIA overinflated? It's P/E right now is 14.5 which historically is pretty low: http://online.wsj.com/mdc/public/page/2_3021-peyield.html

1.bp.blogspot.com
 
2012-02-27 02:51:03 PM

Jake Havechek: It'll be more like "The Road" than "The Road Warrior", though.

I lot of our life comes from the stuff pumped out of the ground and the juice from the wall socket.


But a country boy can survive
i250.photobucket.com
 
2012-02-27 02:56:14 PM
They're all wrong until they're right. I dont think any 'experts' have a rosy long-term outlook. The standard of living of most of the 1st world has been artificially propped up by debt-financed consumption for quite a while now. That can either be addressed by economic policies, or we can wait until the government bond markets sort it all out for everyone. I'd prefer the former, but since anyone who would actually fix anything is unelectable, it's going to be the latter, and it's going to be baaaad..
 
2012-02-27 02:56:56 PM

beer4breakfast: stewmadness: An overinflated DOW and $4+ for a gallon of gas. Yea, no shiat sherlock.

How is the DJIA overinflated? It's P/E right now is 14.5 which historically is pretty low: http://online.wsj.com/mdc/public/page/2_3021-peyield.html

[1.bp.blogspot.com image 640x438]


Charts schmarts. There is no way the DOW should be this high with record non-participation in the workforce. Only the rich are driving up the market right now, when they pull out, the regular Joe's in it with their 401ks will get fist fooked once again.
 
2012-02-27 02:57:13 PM
Didn't we do this before. All this hype freaked people out which compounded the downturn even further ?
 
2012-02-27 03:00:50 PM
I love the buy gold and guns people. They obviously live in a world where gold is nutritious. Only an idiot (if one thinks a real collapse is coming, implied by the "buy a gun" line) would want gold. Gold is heavy, only useful in trade (and even then only in a limited way) plus you have to have possession of it. Most of the idiots buying it on the market never will take possession of it.

Not only that, if you think owning a gun is gonna save your a$$, I wish you a speedy trip to the afterlife you deserve.

Spices people, stockpile spices. Black pepper in particular. After all it was, ounce for ounce, the same price as gold for centuries. Best of all it's cheap! You can grow more too if you learn how! Other spices work too, depends on your climate for growing. Just remember, no government or law probably means limited or no power for refrigeration. Those spices are gonna be worth more than gold in short order.

As far as a gun, yeah, it can help you get food. Don't count on it to save your life though, because there's always a better shot. Best to look poor and worthless. That's right, the best defense will be to look like you have NOTHING.
 
2012-02-27 03:01:16 PM
i149.photobucket.com
Dad, why does mom call the toilet `Thunderdome'?

We've been living on canned chili & beans, Einstein! Give it a good think while you light the very last scented candle!
 
2012-02-27 03:06:18 PM

inglixthemad: I love the buy gold and guns people. They obviously live in a world where gold is nutritious. Only an idiot (if one thinks a real collapse is coming, implied by the "buy a gun" line) would want gold. Gold is heavy, only useful in trade (and even then only in a limited way) plus you have to have possession of it. Most of the idiots buying it on the market never will take possession of it.

Not only that, if you think owning a gun is gonna save your a$$, I wish you a speedy trip to the afterlife you deserve.

Spices people, stockpile spices. Black pepper in particular. After all it was, ounce for ounce, the same price as gold for centuries. Best of all it's cheap! You can grow more too if you learn how! Other spices work too, depends on your climate for growing. Just remember, no government or law probably means limited or no power for refrigeration. Those spices are gonna be worth more than gold in short order.

As far as a gun, yeah, it can help you get food. Don't count on it to save your life though, because there's always a better shot. Best to look poor and worthless. That's right, the best defense will be to look like you have NOTHING.


Exactly.

Spices
Salt
Coffee
water purification tablets
Whiskey
Gun oil
Ammo
Ammo
Ammo
ax for tree cutting
knives
one small cooking pot
small first aid kit
comfortable walking shoes or boots
Well fitting, rugged clothing
can opener(at least for until canned goods are no longer good)
assorted tools for butchering animals and scraping the hide
 
2012-02-27 03:11:06 PM
In the event of an economic collapse, gold will be worthless.

You'll get more trading with food, clothing, tools, or whiskey.
 
2012-02-27 03:11:18 PM

Crotchrocket Slim: Dimensio: Because People in power are Stupid: Leading this cadre of idiots is Harvey Dent.

For what reason would any individual trust an economic forecast derived from a coin toss?

Of all the Batman villains one could take financial advice from, Dent should be the last. He'd probably give decent legal advice though (and advice on how to circumvent the law too). I'm sure Ras al Ghul has gotten decent at market manipulation, but he's more about sowing momentary chaos for his long-term ends.

Batnerds, who else would you pick? I'm sure Lucius Fox might be a good source of economic advice, but he's more supporting cast instead of a villain...


Hush, I suppose, since he's basically the evil version of Bruce Wayne.
 
2012-02-27 03:12:22 PM
If the aforementioned apocalypse doesn't occur, is it safe to assume that these gentlemen will step forward and publicize their errors?
Gloom and doom is the safest and cheapest path for folks seeking notoriety.
 
2012-02-27 03:14:20 PM
Doomsday Losers.
 
2012-02-27 03:14:32 PM

Jake Havechek: In the event of an economic collapse, gold will be worthless.

You'll get more trading with food, clothing, tools, or whiskey with a shotgun.


FTFY
 
2012-02-27 03:15:16 PM

Jake Havechek: inglixthemad: I love the buy gold and guns people. They obviously live in a world where gold is nutritious. Only an idiot (if one thinks a real collapse is coming, implied by the "buy a gun" line) would want gold. Gold is heavy, only useful in trade (and even then only in a limited way) plus you have to have possession of it. Most of the idiots buying it on the market never will take possession of it.

Not only that, if you think owning a gun is gonna save your a$$, I wish you a speedy trip to the afterlife you deserve.

Spices people, stockpile spices. Black pepper in particular. After all it was, ounce for ounce, the same price as gold for centuries. Best of all it's cheap! You can grow more too if you learn how! Other spices work too, depends on your climate for growing. Just remember, no government or law probably means limited or no power for refrigeration. Those spices are gonna be worth more than gold in short order.

As far as a gun, yeah, it can help you get food. Don't count on it to save your life though, because there's always a better shot. Best to look poor and worthless. That's right, the best defense will be to look like you have NOTHING.

Exactly.

Spices
Salt
Coffee
water purification tablets
Whiskey
Gun oil
Ammo
Ammo
Ammo
ax for tree cutting
knives
one small cooking pot
small first aid kit
comfortable walking shoes or boots
Well fitting, rugged clothing
can opener(at least for until canned goods are no longer good)
assorted tools for butchering animals and scraping the hide


Might want to add a crosscut saw to that, Paul Bunyan.
 
2012-02-27 03:16:41 PM

inglixthemad: As far as a gun, yeah, it can help you get food. Don't count on it to save your life though, because there's always a better shot. Best to look poor and worthless. That's right, the best defense will be to look like you have NOTHING.


I'd still prefer to have a gun. There's no such thing as poor and worthless in the post-apocalypse. You're still either labor, a sex slave, or food.
 
2012-02-27 03:17:10 PM
fbcdn-sphotos-a.akamaihd.net
Will there be fishing? Cuz, I have been known to catch the tunas.

Dahnkster on his boat, with yellow fin tuna.... my friends caught wahoos.

I will outlast you all.
 
2012-02-27 03:18:47 PM
Do not settle near water, water attracts other humans.

A person will walk for 3 days when starving to look for food, until becoming too weak to go on.

Do not move into upper stories of vacant houses or offices as you can be smoked or burned out, and will have to carry all your supplies and water upstairs.

If an area looks like it was previously settled and abandoned, do not stay there, as it might be observed by others who will sneak up on you and take your stuff and kill you.
 
2012-02-27 03:20:13 PM
Mose:

Might want to add a crosscut saw to that, Paul Bunyan.

Sure, but with an ax, you can stop and listen from time to time as you chop, you can't hear someone approaching if you are just sawing and sawing.
 
2012-02-27 03:24:08 PM

Disposable Rob: inglixthemad: As far as a gun, yeah, it can help you get food. Don't count on it to save your life though, because there's always a better shot. Best to look poor and worthless. That's right, the best defense will be to look like you have NOTHING.

I'd still prefer to have a gun. There's no such thing as poor and worthless in the post-apocalypse. You're still either labor, a sex slave, or food.


"That's a nice generator you have there. Kindly load my new generator into my new truck, OK thxbye."

Seriously, when the end of the world happens, (post-Katrina New Orleans comes to mind as an example), what can a person have to ensure survival? Hint: Lead, not gold.
 
2012-02-27 03:26:24 PM
This just in: two guys selling books and one guy trying to sell his newsletter insist on something that goes against the mainstream consensus in their field.
 
2012-02-27 03:26:31 PM
In the book 'Time Enough for Love', Robert Heinlein made a list for the pioneer. It would also serve well for an apocalypse. Also, the supplies required by the Mounties for climbing the Chilkoot Trail, as listed by Michner in "Alaska"

/thought it through
//gonna pillage instead
///ain't tellin' anyone 'til necessary
 
2012-02-27 03:30:20 PM

djh0101010: Let me guess. Economy-guessers who are writing a book want people to notice them. How wrong am I?

/at least when the weather-guessers are wrong, all it does is screw up my drive to work.


You win.

Pair these idiots up with Hack Van Impe and we have the makings of a zombie apocalypse prediction. Complete with all the premillennialism dictates of a 20th century viewpoint unparalleled in history.
 
2012-02-27 03:30:56 PM

Disposable Rob: Crotchrocket Slim: Dimensio: Because People in power are Stupid: Leading this cadre of idiots is Harvey Dent.

For what reason would any individual trust an economic forecast derived from a coin toss?

Of all the Batman villains one could take financial advice from, Dent should be the last. He'd probably give decent legal advice though (and advice on how to circumvent the law too). I'm sure Ras al Ghul has gotten decent at market manipulation, but he's more about sowing momentary chaos for his long-term ends.

Batnerds, who else would you pick? I'm sure Lucius Fox might be a good source of economic advice, but he's more supporting cast instead of a villain...

Hush, I suppose, since he's basically the evil version of Bruce Wayne.


The Penguin would be my choice.
 
2012-02-27 03:35:17 PM
So what is it you are surviving for? Is every one expecting a month of riots and everyone for themselves, then it's back to Oprah, Mickey Dees and Walmart?
You all keep up with your survival plans, I'm going to drink, smoke and fark until the booze, smoke and snatch is gone, then I'm following in Larry Phillips Jr. footsteps.
Enjoy your pestilence.
 
2012-02-27 03:39:30 PM
Harry Dent, author of the new book The Great Crash Ahead, says another stock market crash is coming due to a bad ending to the global debt bubble.

I guess the coin came up tails.
 
2012-02-27 03:50:05 PM
Can we at least get Rudy Youngblood running through the jungle?
cache.reelz.com
 
2012-02-27 03:51:13 PM
I've seen this before.


gold...women...sheep (new window)
 
2012-02-27 03:52:53 PM
The comments on that thread...um...wow.
 
2012-02-27 03:53:37 PM
Marvel at his tricks
 
2012-02-27 04:03:49 PM

rumpelstiltskin: I'll bet most of you on Fark weren't even born as of the last time Robert Prechter was right.


And most people think the Elliot Wave has something to do with a Frankie Avalon/Annette Funicello beach movie.

/as good a guess as any
 
2012-02-27 04:08:39 PM
Everyone always thinks in terms of crashes and disasters and endings where things go from one state to another abruptly. This is unlikely. Far more likely is a slow erosion of living standards, wherein most people simply get poorer and survive in more basic ways. In 1900, 60% of Americans lived rurally - that is, many people were farmers with simple stock-drawn mechanical plows and harvesters...that sort of thing. Probably the urbanization trend will reverse at some point, and perhaps in another hundred years or so, 60% will be back on the land. Basically, everything will become far less energy-intense. All of these machines and hyper-comlex power/telecom/water/sewage/transport grids are super energy-intensive. Reduce the energy inputs, and they will slowly turn to scrap. There will be fewer goods and services traveling smaller distances for fewer people.

Eventually the air conditioner will break down and never be repaired. The transmission on your old jalopy will conk out, and the car will become a chicken coop. Your flatscreen will go dark and be used as part of the barn wall. That sort of thing. Think erosion, not collapse. The population will shrink and people will adapt. This has happened before in a number of places around the world over time, and no zombie apocalypse resulted. There will be upsets and panics as the financial order changes, and the government will definitely get more authoritarian - most people will welcome it, in fact. Society will become rougher, rights and priviledges we now take for granted will disappear, but Mad Max is not going to roam highways of doom. After all, modern highways require very expensive maintenance, and that will end, too. Mad Max can't race across fallen bridges and through minefields of potholes, and he won't be able to get parts, motor oil, and gasoline...he'll be more like Mad Potato Farmer Max.
 
2012-02-27 04:11:13 PM

Marshmallow Jones: They're all wrong until they're right. I dont think any 'experts' have a rosy long-term outlook. The standard of living of most of the 1st world has been artificially propped up by debt-financed consumption for quite a while now. That can either be addressed by economic policies, or we can wait until the government bond markets sort it all out for everyone. I'd prefer the former, but since anyone who would actually fix anything is unelectable, it's going to be the latter, and it's going to be baaaad..


Bad as in 700 trillion dollars promised by our government in long term liabilities including social security, pensions, and other entitlement programs with no way of paying for any of it?
 
2012-02-27 04:11:36 PM
Listen all! This is the truth of it. Fighting leads to killing, and killing gets to warring. And that was damn near the death of us all. Look at us now! Busted up, and everyone talking about hard rain! But we've learned, by the dust of them all... Bartertown learned. Now, when men get to fighting, it happens here! And it finishes here! Two men enter; one man leaves.
 
2012-02-27 04:16:15 PM

Dahnkster: [fbcdn-sphotos-a.akamaihd.net image 640x424]
Will there be fishing? Cuz, I have been known to catch the tunas.

Dahnkster on his boat, with yellow fin tuna.... my friends caught wahoos.

I will outlast you all.


Day one: Stole Dahnkster's boat
Day two: Stole spices from some wise guy
Day Three: Shot a bunch of former OWS protesters - thought they were well-prepared people pretending to be useless
Day Four: Got overrun by someone using OWS protesters as bait
Day Five: Made a great stew - all who ate me enjoyed their meal

Seriously though, I've been thinking of stocking up on some of this Zombie ammo from Cabela's. Anyone try this stuff?
Link (new window)
 
2012-02-27 04:21:47 PM

Big_Fat_Liar: Dahnkster: [fbcdn-sphotos-a.akamaihd.net image 640x424]
Will there be fishing? Cuz, I have been known to catch the tunas.

Dahnkster on his boat, with yellow fin tuna.... my friends caught wahoos.

I will outlast you all.

Day one: Stole Dahnkster's boat
Day two: Stole spices from some wise guy
Day Three: Shot a bunch of former OWS protesters - thought they were well-prepared people pretending to be useless
Day Four: Got overrun by someone using OWS protesters as bait
Day Five: Made a great stew - all who ate me enjoyed their meal

Seriously though, I've been thinking of stocking up on some of this Zombie ammo from Cabela's. Anyone try this stuff?
Link (new window)


Yes. It kills things more dead.
 
2012-02-27 04:24:23 PM
says Americans should brace themselves for an "economic 9/11"

aaaand that's where I stopped reading. Take your opportunistic fear mongering and stuff it up your ass.

I don't doubt another collapse is possible but this guy is obviously a scuzzball.
 
2012-02-27 04:39:30 PM

Dimensio: Because People in power are Stupid: Leading this cadre of idiots is Harvey Dent.

For what reason would any individual trust an economic forecast derived from a coin toss?


Ask Wall Street. The entire stock market is based off chance and speculation. It's a dumb as shiat system but for some reason it still exists.
 
Displayed 50 of 74 comments

First | « | 1 | 2 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report