Quote from: aesma on August 18, 2019, 07:36:43 PM

Quote from: JayJuanGee on August 17, 2019, 06:45:17 AM

Regarding Armageddon, I am still suggesting that guys gotta be fucking super careful regarding how much credence that they are giving to Armageddon scenarios that are likely in the less than 1% likelihood and h9ow much of their value are they investing into such a low likely scenario.

Do the fuck what you like, ultimately, but it is also good to attempt to grapple with the probabilities and don't be fucking investing way the fuck higher than the probabilities that you even assign to such events. Yeah, if you happen to be an Armageddon nutjob then you are going to assign higher values to that so there is ONLY so much that normal people can talk the dumb out of dumb, so do the fuck what you like if you are assigning higher probabilities to such situations.

Owning gold but being a fat useless guy, you're just going to get robbed/killed !

read "World war Z" (and i mean read, not the movie)
There are several interesting sub-stories there on unfit becoming VERY fit.

Quote from: HairyMaclairy on August 18, 2019, 07:42:23 PM

Quote from: jbreher on August 18, 2019, 03:38:54 PM

Quote from: somac. on August 18, 2019, 12:16:05 AM

expect large US infrastructure spends in the future. This would be enough for the US to avoid recession alone.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

I wouldnt be so sure about that.

HM, I am at a loss of the meaning. Money from thin air?
My opinion is: garbage in-garbage out, but maybe with some delay.
Personally, I believe in reality that does not involve "helicopter" money.