To Larc: ON ECONOMIC STUFF

by You Know 64 Replies latest jw friends

  • You Know
    You Know

    I was simply stating a fact. It is not mockery. I am not ridiculing anyone. It's the only logical conclusion that one can draw when we get all the facts out on the table. Obviously, though, it's something which you don't want to hear or be confronted with, but that's not my problem. You are the ridiculer, not me. Some people are interested in what I have to say on the subject. I have throughly researched my topic and I know what I am talking about. But as regards Jehovah and Christ becoming ridiculers of the ridiculers, Did you never read: "How long will you ridiculers desire for yourselfs outright ridicule?...I also, for my part, shall laugh at your own disaster, I shall mock when what you dread comes, when what you dread comes just like a storm..." And again, elsewhere, it is said of Jehovah:"If it has to do with ridiculers, he himself will deride. Bottom line: You don't know Jehovah. / You Know

  • larc
    larc

    You Know,

    Recently, you said that manufacturing has been collapsing for some months now, yet do not provide numbers and you assume a negative linear function meaning that you believe that productivity will fully and completely collapse. You originaly stated that productivity has been on a steady decline for 35 years now, which I have domonstrated with many facts not to be the case. Furthermore, I do not believe this is a negative linear model over the short run. Rather, it is represents a cyclical function as has been the case for the last 60 years. So far the downturn in manufacturing is 6.8% since June of 2000. You may view this as catastophic. I don't.

    By the way, 25 of the 200 pound reduction in steel production per capita can be accounted for by the reduction of steel in cars. I will see if I can find the other 175 pounds.

    I do know that plastics has eliminated the metal content in plumbing and has significantly reduced it in window frames, home siding, telephones, tvs, computers, refrigeraters and many other products. The first composite truck beds will be installed in the Chevrolete Silvarado at a weigh savings of 50 pounds, eliminating the need for a bed liner for an additional 25 pound weight savings.

    Fiber optics has replaced metal in communication lines, a further reduction in metal content used in the economy.

  • dubla
    dubla

    yk-

    I was simply stating a fact. It is not mockery. I am not ridiculing anyone. It's the only logical conclusion that one can draw when we get all the facts out on the table.
    please. everyone knows your constant statements of doom are meant to be mockery....i suppose this one wasnt mockery/ridicule either?.....

    If you thought I was ruthless to apostates before, Just think how absolutely intolerable I am going to be---soon! All your ridicule and mockery is going to come down on you own heads and no one is going to enjoy dishing it out more than me. Get ready. / You Know
    link >>> http://www.jehovahs-witness.com/forum/thread.asp?id=11029&site=3&page=3

    Obviously, though, it's something which you don't want to hear or be confronted with, but that's not my problem.
    actually i dont mind hearing about it.....having grown up a witness, i spent my whole childhood hearing about it, and most thought we wouldnt make it this far.....it really doesnt phase me now.

    You are the ridiculer, not me.
    great, i know you are but what am i......lol.

    But as regards Jehovah and Christ becoming ridiculers of the ridiculers,
    i dont think i mentioned jehovah at all, but you added that to make your scriptures useable, didnt you? please quote me the scripture where christ ridicules anyone. i was speaking of "christian" behavior, unless of course you believe in the trinity, then jehovahs words would count as christs i suppose.

    aa

  • You Know
    You Know
    Recently, you said that manufacturing has been collapsing for some months now, yet do not provide numbers and you assume a negative linear function meaning that you believe that productivity will fully and completely collapse.

    It has been well reported on in the media that manufacturing has been in a 15 month decline. http://www.usatoday.com/money/economy/2001-11-01-napm.htm And here>>> http://sg.biz.yahoo.com/011101/1/1ogda.html

    Read this on textiles manufacturing >> http://www.atmi.org/NewsRoom/releases/pr200113.asp

    That's just manufacturing. When LaRouche talks about a 2% annum decline in productivity, he is not just talking about the production of physical goods. I tried to explain that before. It is a whole market basket of what it takes to make a complex civilization "work." It includes schools and health care. But, as regards manufacturing, I am not saying though that it just keeps going down, down, down. What is happening though, as I have stated over and over again, is that the point has been reached when the physical economy can no longer support the excessive burden of debt and speculation that have been imposed upon it over the course of the last 30 years. So, the problem is not just the continued slow decline of manufacturing. Its that the debt bubble will collapse, and in fact it is in the process of collapsing although it will no doubt reach a point where it rapidly accelerates. That means that at some point the banks and all the financial institutions go under very rapidly. Read what's coming out of Japan now if you dare. They are absolutely on the verge of collaspe and no one has a clue how to fix it. / You Know

    > http://news.bbc.co.uk/hi/english/business/newsid_1209000/1209118.stm

  • 4horsemen
    4horsemen

    Just some random thoughts...

    -There is actually more gold in the bowels of the Fed Bank in NY than in Fort Knox.

    -Gold is one of the leading indicators of inflation. If you look at any monthly chart of gold you will see a sideways to declining graph. It is actually the increases in productivity and cheap(slave?) labor in other countries that has kept inflation in check. The price of gold has been stagnant which is in part why central banks have been quietly selling price spikes, to get out from underperforming returns.

    -Demand for gold is fairly constant. Silver however is not. Example, Kodak a major commercial for silver. Its market demand was cut significantly and one day it will cease its silver consumption. All this brought about by the world of digital cameras. There is absolutely no reason to speculate in silver or be involved with it at all, unless you need it to produce your end product.

    -The Fed is not taking rates to zero. So if you have thought about refinancing your mortgage dont try and time the bottom. This is close to it. The next stimulus can come from a variety of avenues. The problem is there is so much pork in the U.S. govt that any tax cut will cripple a program(s) that probably does help those intended. If the govt could ever be held accountable the pork programs could _easily_ pay for the public work maintenance necessary

    -All industries eventually cycle. Growth, maturity, and inevitable decline. When 71% of Coca-Colas revenues come from _outside_ the U.S. how can they possibly keep making $$$ through increased sales, licensing agreements etc to justify a rising stock price. They cant. Eventually Coca-Cola will sell to all those who want it and demand will be flat. Expenses never are though, and so Coke must adapt or go out of business. Simple. Like IBM as you mentioned Iarc.

    -Iarc, here is 2 increases in productivity for you. It took 30 years to get the processor(brain) in computers to 1gh. It took less than 2 years to get to 2 gh. Also, why the focus on economic productivity? The biotech world is sci-fi esque. The gentleman with the artificial heart lived 59 days before his recent death. Now, what would have George Harrison paid for 2 months of life? What would you give for 2 xtra months of life? This simply was not possible even 5 years ago.

    "The problem with govt is those most qualified least want the job, and those least qualifed most often seek to get the job." -author unknown

  • larc
    larc

    You Know,

    I know the factors LaRouch includes in his "productivity" measure. I listed all seven of them and discussed each one of them. I described what I saw as our strongest and our weakest areas within these seven factors. I read the American Society of Civil Engineers report before you posted a reference to it and before I commented on the infrastructure. I posted my comments on the intrastructure, health care, and education, not just manufacturing. I brought up manufacturing because you mentioned the decline and I stated that I don't think the decline is serious, nor do I see our problems within all the factors of the productivity rubric to be serious enough to lead to our demise. Our foundations, not just our output, are strong enough to sustain us. There are some weaknesses in the foundations that support actual productivity but they are not serious enough to callapse or cause collapse. Now, I could bring up the fact that LaRouch stated in 1995, that 1997 was the out side limit for our system. You will tell me that it almost happened but some last minute desperation measures prevented it. Whether it was last minute, whether it was desperation, whether it bordered on the miraculous, the system did not self destruct and it won't in the next few years either. Open systems have a way of using feedback as a self correcting mechanism to utilize energy within the system to recreate order within the system, so that output can be maintained from the same level of input, and cause negative entropy.

  • larc
    larc

    You Know,

    I do think we do have significant problems in society, but I don't think they stem for the same sources as you do. I think that some of them stem from the natural tendency to alocate our resources where we think our major problems lie. This applies to a nation or a family. Both nations and families have limited resources and simply can not optimize everything. For example, the nation did not think about domestic security until 9-11. Most people will not push for improvements in the infrastructure until a few bridges collapse. On the family level, most families won't buy a home security system until someone breaks into their house the first time. This I think, is one source of our problem, and one that is hard to over come. People have always been this way.

    I think another source of our problem is a shift in people's out look. Today, people are much more accustomed to instant gratification. For an example, most married couples starting out, want and expect to have all the luxuries of life all at once. Years ago, people expected to and knew how to do without. I think this difference accounts for the fact that many more couples must work outside the home and even take on second jobs. It also, accounts for the fact that bankruptsies have tripled since 1980. As I pointed out, if a single person or a young couple is willing to live without all the things I listed that did not exist in 1960, they could get by very easily on a very modest income. They could also save money by never eating in restaurants, growing much of their own produce, and can fruits and vegatables - something that is rarely done today. They could also buy cloth, sew their own cloths and knit sweaters. There are, of course, other reasons, besides instant gratification that prompts dual career families. First, there are more jobs that require more brains than brawn today than in 1960. Second, labor saving devices, especially for women have greatly reduced their work at home over the last 40 years. Many women would rather have these labor saving devices and have more interesting lives outside the home. Life at home today without outside work is a pretty boring existence, unless you are raising several children.

    A cultural value that undermines our educational infrastructure is the lack of respect that many Americans have for education. This is reflected in several ways, including the unwillingness to vote in more expenditures for schools, the unwillingness to save money for their own children's education, and the unwillingness to spend time with their children and their children's teachers to make sure they are getting a good education. I am certainly not saying that this description fits all Americans, but it fits too many. When we come to respect scientists, engineers, and teachers more than we do profesional athletes and movie stars, we will have a better society.

    So, these are our problems as I see them.

    You Know, early in my life, I did without. I got a good education. I lived within my means, and I am now retired. I have incurred more debt recently, but that is by design and is cost-effective. I do not see our world collapsing, and I see my future as a comfortable one. If on the outside chance if does deteriorate significantly, I am not concerned, since I do know how to live on limited resources. Will we all starve to death? Not in this life time.

  • larc
    larc

    You Know,

    As an older man who has seen a lot of things you only read about, I have several suggestions for you. I offer these out of a desire for you to have a better life in the long run.

    1. Get a college education. You are intelligent, and a college education would be a stimulating experience for you and improve your financial position over the long run.

    2. Get a job with a company that has a 401k plan. Hedge your bets and put a small amount of money away towards your retirement. I know you think that day will never come. I thought the same thing when I was your age, but eventually it did.

    3. Read primary sources, not just secondary sources. Primary sources are more tedious and time consuming, but they have a way of paying off in terms of getting a full understanding of a subject.

    4. Try to be more tolerant of other people. You were mischievious as a boy, and you continue in that same Modus Operandi. I know that because you said so on one of the threads.

    5. Learn to have a feeling for other people, no matter what they believe. You have established a barrier between yourself and other people. You have distanced yourself from others. It feels good to you, but in the long run, it is not good.

    6. Enjoy the beauty of today and leave the problems of tomorrow alone. All that you do about thinking about doom and gloom that may happen some day is shorten the joy that you can have today. Enjoy your life.

    Well, my friend, that is my advice to you.

  • larc
    larc

    You Know,

    I went to the Bear market site that you posted and requested literature on their mutual funds. I want to see how their performance compares to value investing, e.g. the Dreman Fund, Weitz Fund, Vanguard Windsor. This kind of fund does well during both a bull and a bear market.

  • cynicus
    cynicus

    Larc: have you been able to turn up ONE SINGLE ACADEMIC reference to what is supposed 'Larouche-Riemann' forecasting? Any other peer reviews would be appreciated as well.

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