Predictions from Zero_Sum and a heart felt greeting.

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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sat Apr 04, 2020 4:53 pm

Russia and Saudi Arabia cancelled their OPEC trade conference on Monday, looks like United States domestic corporate shale is about to go through the shitter in a big way. It's going to be a shitty Monday economically bigly... #-o

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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Karpel Tunnel » Sat Apr 04, 2020 11:26 pm

Zero_Sum wrote:If nobody has any jobs or income after all this transpires I fail to see how backlogging rent owed to landlords will do much of anything. .
Well, sure...if. But then we can start working again if the damage has not gone too deep. Forgiving loans and rent prolongs the time businesses can continue and people can hang on to where they live. It is a redistribution of money, and doing it in relation to very low labor ways of earning money being less respected. So, these capital based incomes get eliminated for a while, which allows people who work to manage to get by longer. Even some people who lose their jobs may manage to hang on. Of course, if the whole thing goes on too long then you reach the same point. But it does create some slack in the line for a while. And it might get some thinking, as a society, about the priviledge of earning money forever, often without labor, for rent, and then also the ability to create money, with a keystroke - loans. those are things we might want to look at.

But sure if the lockdown goes on and on this will only delay the destruction.
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 12:12 am

Karpel Tunnel wrote:
Zero_Sum wrote:If nobody has any jobs or income after all this transpires I fail to see how backlogging rent owed to landlords will do much of anything. .
Well, sure...if. But then we can start working again if the damage has not gone too deep. Forgiving loans and rent prolongs the time businesses can continue and people can hang on to where they live. It is a redistribution of money, and doing it in relation to very low labor ways of earning money being less respected. So, these capital based incomes get eliminated for a while, which allows people who work to manage to get by longer. Even some people who lose their jobs may manage to hang on. Of course, if the whole thing goes on too long then you reach the same point. But it does create some slack in the line for a while. And it might get some thinking, as a society, about the priviledge of earning money forever, often without labor, for rent, and then also the ability to create money, with a keystroke - loans. those are things we might want to look at.

But sure if the lockdown goes on and on this will only delay the destruction.


We very easily have another three to four weeks of lockdown, I would say we're already pass the point of no return.

Time will tell if I'm right or not.
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 12:30 am

Sitting here in rural United States as I read the news and watch commentators on mainstream media or through various channels of neoconservative political propaganda it is clear that the propaganda against China is in overdrive.

Many political commentators are calling for war against China or for Beijing to be nuked for the virus. Some are saying China should be dragged to an international tribunal and be sued for economic damages of the virus.

So few remember that in the 2008 economic crisis it was China that bailed out the entire world and the United States financially. That seems to be lost on most Americans since most have extremely short memories.

Indeed there is a virtual epidemic of hostility towards China everywhere and many of it is based upon fictitious accusations or hearsay. Let's just add a world war on top of a global viral pandemic and global economy crashing, yeah, that's the winning ticket. Going to war with a nation that has billions of people many of them who are innocent and a country that has half of the world's population combined.

This nation has only been locked down for four weeks and people are already starting to lose their minds unable to contain their bloodlust. Truly a remarkable period we're living in.
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 12:51 am



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 1:31 am

From time to time you'll hear a comment like, "Why are we worried about a few old people dying that we must lock down entire nations?" Good question, here's my response.

The west for all intents and purposes are boomer geriatric economies where the old control most of the consumer purchasing power. Generation X, Generation Z, and my generation of Millennials for all intents or purposes are a bunch of indebted broke indentured wage slaves living on the economic geriatric corporate crony capitalistic plantation.

If a virus threatens the lives of a majority of our older boomer geriatrics our economies would simply shut down and collapse overnight because with them having all the money being the largest consumers nothing is allowed to threaten them. Also, this is where we're at as a society in the west ever since a majority of women thought it was a good idea not to have children, get married, or reproduce in large numbers. With that in mind these current trends seem pretty irreversible. [ I sometimes wonder if it would take nothing short of a global nuclear war to get women in mass to open their legs and vaginas up for reproduction since nothing else other than being wealthy seems to do the trick anymore given stringent sexual hypergamy or prevailing radical feminism everywhere.]

So with all that in mind, Covid-19 is a boomer remover and without our older geriatrics consuming spending money our economies would never survive, with this lockdown we're just protecting our largest financial consumer base in the general population. With all that in mind I think this explains our dying western societies quite adequately.



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 6:28 am



The segment later edited out of the recorded interview.

Bill Gates- "Eventually what we’ll have to have is certificates of who’s a recovered person, who’s a vaccinated person...

...Because you don’t want people moving around the world where you’ll have some countries that won’t have it under control, sadly.

You don’t want to completely block off the ability for people to go there and come back and move around.

So eventually there will be this digital immunity proof that will help facilitate the global reopening up.”


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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Sun Apr 05, 2020 7:57 am



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Karpel Tunnel » Sun Apr 05, 2020 9:43 am

Zero_Sum wrote:We very easily have another three to four weeks of lockdown, I would say we're already pass the point of no return.

Time will tell if I'm right or not.
Sure, and I am not saying you are wrong. ACtually I think we'll be very lucky if 1) the lockdown is not extended beyond that and or 2) the lockdown comes back in second and possibly third waves of the disease. One thing the lockdowns do is slow down the spread. End the lockdown and it can speed up again.
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 12:39 am




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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby promethean75 » Mon Apr 06, 2020 12:53 am

Lol where do you find this shit? Like do you go looking for it with something in mind, or do you come across it accidentally, find it funny, and then decide to post it?
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 1:57 am

promethean75 wrote:Lol where do you find this shit? Like do you go looking for it with something in mind, or do you come across it accidentally, find it funny, and then decide to post it?


Yeah, something like that for the comedic funny effect randomly coming across stuff. :lol:
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby promethean75 » Mon Apr 06, 2020 2:51 am

Know your martial laws, what and how they work.

When can the Posse Comitatus Act be superseded by martial law and what is this called?

https://www.google.com/amp/s/thehill.co ... irus%3famp

Begin.
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 4:29 am



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 8:46 am

The Fed's Prayer

The Fed is my shepherd; I shall not want.

He maketh me to lie down in greenbacks:

He leadeth me beside deep pools of liquidity.

He restoreth my balance sheet:

He leadeth me in the paths of ponzi for his name's sake.

Yea, though I walk through the valley of trillions in debt,

I will fear no losses: for thou art with me;

Thy plunge protection team and thy zero-bound interest rates they comfort me.

Thou preparest unearned income before me in the presence of mine enemies:

Thou anointest my head with currency; my bank accounts runneth over.

Surely profits and bonuses shall follow me all the days of my life:

And I will dwell in the house of Wall Street forever.

Amen



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 3:09 pm

Only five more Carnival Cruise ships left stranded at sea with passengers unable to port and set anchor. Gosh, I really hope those people that decided to go for an international vacation knowingly through a global viral pandemic are alright.

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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby iambiguous » Mon Apr 06, 2020 9:58 pm

"Dow surges 1,600 points even as U.S. braces for ‘hardest and saddest’ week of the pandemic"

Yo, Zero, reassure us it's just a blip!!! :wink: :lol: :wink:
He was like a man who wanted to change all; and could not; so burned with his impotence; and had only me, an infinitely small microcosm to convert or detest. John Fowles

Start here: viewtopic.php?f=1&t=176529
Then here: viewtopic.php?f=15&t=185296
And here: viewtopic.php?f=1&t=194382

"Gail, it’s as if someone dared 2020 to get worse, and 2020 replied: 'Just try me.' Right now I’m just sitting on my porch, awaiting a plague of locusts." Bret Stephens
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 10:05 pm



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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Zero_Sum » Mon Apr 06, 2020 11:22 pm

"Last time I checked our GDP gets 70% of its revenue from consumer spending. Last time I checked 30 million people just lost their jobs. Last time I checked 65% of Consumers are locked in their homes. Printing money to mask the crumbling Ponzi Scheme isn’t going to last its only a short term fix to buy a little more time."




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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby iambiguous » Thu Apr 09, 2020 6:38 pm

'With astonishing swiftness, the pandemic has shut down both longstanding and new businesses, leaving veteran workers and recent hires in nearly every type of industry without a paycheck. In just three weeks, more than 16 million Americans have lost their jobs — more losses than the most recent recession produced over two years.

'It’s as if “the economy as a whole has fallen into some sudden black hole,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics. Many Wall Street analysts concede that at this point, forecasts are not much more than gussied-up guesses: The purposeful and sudden halt in economic activity has no precedent, and no one knows when the restrictions on movement and commerce will be lifted.'
NYT

Meanwhile the Dow is up another 475 points.

Capitalism. Go figure it, eh, Joker? :wink:
He was like a man who wanted to change all; and could not; so burned with his impotence; and had only me, an infinitely small microcosm to convert or detest. John Fowles

Start here: viewtopic.php?f=1&t=176529
Then here: viewtopic.php?f=15&t=185296
And here: viewtopic.php?f=1&t=194382

"Gail, it’s as if someone dared 2020 to get worse, and 2020 replied: 'Just try me.' Right now I’m just sitting on my porch, awaiting a plague of locusts." Bret Stephens
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby iambiguous » Fri Apr 10, 2020 7:13 pm

One MSM take on Wall Street's current "boom": https://www.nytimes.com/2020/04/10/upsh ... e=Homepage

'What on earth is the stock market doing?

Death and despair are all around. The number of people filing for unemployment benefits each of the last two weeks was about 10 times the previous record — and is probably being artificially held back by overloaded government systems. Vast swaths of American business are shuttered indefinitely. The economic quarter now underway will most likely feature Great Depression-caliber shrinkage in economic activity.

Yet at Thursday’s close, the S&P 500 was up 25 percent from its recent low on March 23. It is down only about 14 percent this year — and is up from its levels of just 11 months ago. There are answers as to why (more on that below). But that doesn’t take away the extremity of the juxtaposition between an economy in free fall and a stock market that is, in the scheme of things, doing just fine.'


Yo, Joker, where you been?

Or, sure, at least conjure up Wendy. :wink:
He was like a man who wanted to change all; and could not; so burned with his impotence; and had only me, an infinitely small microcosm to convert or detest. John Fowles

Start here: viewtopic.php?f=1&t=176529
Then here: viewtopic.php?f=15&t=185296
And here: viewtopic.php?f=1&t=194382

"Gail, it’s as if someone dared 2020 to get worse, and 2020 replied: 'Just try me.' Right now I’m just sitting on my porch, awaiting a plague of locusts." Bret Stephens
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Karpel Tunnel » Fri Apr 10, 2020 9:16 pm

Re the previous post:

what happens if thousands, perhaps millions of small businesses in the West go out of business
while
the government boosts the biggest corporations.

Waht does that do?

It takes more out of the middle class and the working classes. Most get shifted downward. It consolidates power in even fewer people.

And that's what makes the stock market happy.

Cause the stock market is a tool for people not doing labor to make money. And who is that?
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby iambiguous » Thu Apr 30, 2020 9:31 pm

Washington Post Headline:

Wall Street powers through waves of bad economic news to one of its best months in decades

Yo, Joker!

Please come back and...

1] explain this
2] reassure us that you are in no way backing off from your prediction of the Dow at 10,000 points or lower.

My own best guess? The class struggle is still a bust.
He was like a man who wanted to change all; and could not; so burned with his impotence; and had only me, an infinitely small microcosm to convert or detest. John Fowles

Start here: viewtopic.php?f=1&t=176529
Then here: viewtopic.php?f=15&t=185296
And here: viewtopic.php?f=1&t=194382

"Gail, it’s as if someone dared 2020 to get worse, and 2020 replied: 'Just try me.' Right now I’m just sitting on my porch, awaiting a plague of locusts." Bret Stephens
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby iambiguous » Fri Jun 05, 2020 8:18 pm

Yo, Joker!!

The Dow is fast approaching 30,000...here and now!

What the fuck happened?!!!! :wink:

No, seriously.
He was like a man who wanted to change all; and could not; so burned with his impotence; and had only me, an infinitely small microcosm to convert or detest. John Fowles

Start here: viewtopic.php?f=1&t=176529
Then here: viewtopic.php?f=15&t=185296
And here: viewtopic.php?f=1&t=194382

"Gail, it’s as if someone dared 2020 to get worse, and 2020 replied: 'Just try me.' Right now I’m just sitting on my porch, awaiting a plague of locusts." Bret Stephens
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Re: Predictions from Zero_Sum and a heart felt greeting.

Postby Karpel Tunnel » Sat Jun 06, 2020 10:03 am

iambiguous wrote:Yo, Joker!!

The Dow is fast approaching 30,000...here and now!

What the fuck happened?!!!! :wink:

No, seriously.
This only means it was worse than he thought and he thought it was going to be worse than anyone has been expecting. Set aside our tiff. Of all the people here, his posts going back years are the closest to anyone's predictions of what the world looks like right now. And perhaps it's early days as far as the Dow, but the rest...!. IOW he was predicting end of world dystopian type scenarios that then broke into chaos. Economic collapse is happening for people without power and moving up through the ranks of those with some power, but the players are doing well. No supposedly more rational person here at ILP could look at the news and say I told you so better than he could now. Corona, people being controlled and surveilled, masks, huge unemployment, riots, riots with racial underlying issues, economic crash for the regular people, chaos, governments reacting by taking special powers.....

Further the economy and the Dow are being boosted by the government. IOW the government is making debt to keep things afloat. That's a temporary measure. The Dow also represents the large companies. They are still down, but recoverning slightly. The stock markets only represent what people think, which may or may not be founded on reality. So, it seems like lockdowns will loosen that disease has peaked. But a second wave, should it come, would be even more devastating and the government cannot just keep making money without creating dangerous inflation or mortal debt or both. Check back in a year on this one facet of Joker's predictions over the years.

Compared to other gambler's he's bet right on more football teams than other people here.
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