OT: Scary Graph

[Cursitor Doom]

Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

.... despite what CNBC may say.


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[Cursitor Doom]

On Tue, 15 Oct 2019 17:47:10 -0700, John Larkin wrote:

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

ZH does usually tend to look on the DOOM side, but in this instance that
doesn't apply (to the graph at least) - it actually comes from Bloomberg.


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[bitrex]

On 10/15/19 8:47 PM, John Larkin wrote:

On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

I expect that the big losers - Tesla, Uber, Lyft, WeWork, all those
money burners - will hit the wall one of these years not too far away.

At least in my area Uber and Lyft are proof positive that random people
using their own vehicles are, on average, better taxi drivers than the
taxi drivers employed at above-board cab companies

 

[John Larkin]

On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
<curd@notformail.com> wrote:

Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

I expect that the big losers - Tesla, Uber, Lyft, WeWork, all those
money burners - will hit the wall one of these years not too far away.

 

[Bill Sloman]

On Wednesday, October 16, 2019 at 11:55:10 AM UTC+11, Cursitor Doom wrote:

On Tue, 15 Oct 2019 17:47:10 -0700, John Larkin wrote:

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

ZH does usually tend to look on the DOOM side, but in this instance that
doesn't apply (to the graph at least) - it actually comes from Bloomberg.

So they are selective about the sources they publicise. If you look over enough predictions you are bound to find one that predicts incipient disaster.

The fact that they've copied the graph without any supporting text is roughly what you'd expect from an unscrupulous doom monger.

--
Bill Sloman, Sydney

 

[Robert Baer]

Cursitor Doom wrote:

Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

What may i ask, is actually being graphed that goes from zero (!) to
98 (percent?).

I particularly like the doubled line on the right..emphasizes the
ambiguity.

 

On Tue, 15 Oct 2019 21:31:15 -0400, bitrex <user@example.net> wrote:

On 10/15/19 8:47 PM, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

I expect that the big losers - Tesla, Uber, Lyft, WeWork, all those
money burners - will hit the wall one of these years not too far away.


At least in my area Uber and Lyft are proof positive that random people
using their own vehicles are, on average, better taxi drivers than the
taxi drivers employed at above-board cab companies

And they keep their cars cleaner too. But no company can keep losing 5
billion dollars a quarter forever.



--

John Larkin Highland Technology, Inc

lunatic fringe electronics

 

[Tom Gardner]

On 16/10/19 01:47, John Larkin wrote:

On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

 

[bitrex]

On 10/16/19 12:08 AM, jlarkin@highlandsniptechnology.com wrote:

On Tue, 15 Oct 2019 21:31:15 -0400, bitrex <user@example.net> wrote:

On 10/15/19 8:47 PM, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

I expect that the big losers - Tesla, Uber, Lyft, WeWork, all those
money burners - will hit the wall one of these years not too far away.


At least in my area Uber and Lyft are proof positive that random people
using their own vehicles are, on average, better taxi drivers than the
taxi drivers employed at above-board cab companies

And they keep their cars cleaner too. But no company can keep losing 5
billion dollars a quarter forever.

I tried asking my bank for a loan for a million dollars and then
patiently explained that we live in a "post-debt" society when they
balked at my offer of 72 cents, an discarded pine-tree car air freshener
and my lucky rabbit's foot as collateral.

Sadly I still don't have a million dollars

 

[Cursitor Doom]

On Tue, 15 Oct 2019 21:24:26 -0800, Robert Baer wrote:

Cursitor Doom wrote:

Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?
itok=ihNx15rZ

... despite what CNBC may say.


What may i ask, is actually being graphed that goes from zero (!) to
98 (percent?).

The *probability* of recession?

I particularly like the doubled line on the right..emphasizes the
ambiguity.

You're misreading it I think. And those pink vertical bands are previous
recessions. It's been a while since the last one!



--
This message may be freely reproduced without limit or charge only via
the Usenet protocol. Reproduction in whole or part through other
protocols, whether for profit or not, is conditional upon a charge of
GBP10.00 per reproduction. Publication in this manner via non-Usenet
protocols constitutes acceptance of this condition.

 

On Wed, 16 Oct 2019 08:21:28 +0100, Tom Gardner
<spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 01:47, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

Global warming.

 

On 16 Oct 2019 08:15:44 -0700, Winfield Hill <winfieldhill@yahoo.com>
wrote:

bitrex wrote...

I tried asking my bank for a loan for a million dollars ...
Sadly I still don't have a million dollars

I got my request for a million dollars, twice.
1E6 exactly. But then later I lost it, twice.

I never borrow money. The problem is, people expect you to pay it
back.



--

John Larkin Highland Technology, Inc

lunatic fringe electronics

 

[Winfield Hill]

bitrex wrote...

I tried asking my bank for a loan for a million dollars ...
Sadly I still don't have a million dollars

I got my request for a million dollars, twice.
1E6 exactly. But then later I lost it, twice.


--
Thanks,
- Win

 

On Wed, 16 Oct 2019 08:21:28 +0100, Tom Gardner
<spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 01:47, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

The Internet has created 10x as many "news" sources as before, and
they need content to sell ads, so they make it up. Nobody can afford
literate reporters and researchers any more.

Tribalization among their audience encourages inflammatory shrieking
and insults and profanity. Sad.

Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.




--

John Larkin Highland Technology, Inc

lunatic fringe electronics

 

[Tom Gardner]

On 16/10/19 16:10, jlarkin@highlandsniptechnology.com wrote:

On Wed, 16 Oct 2019 08:21:28 +0100, Tom Gardner
spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 01:47, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

The Internet has created 10x as many "news" sources as before, and
they need content to sell ads, so they make it up. Nobody can afford
literate reporters and researchers any more.

Since nobody has to pay for news any more, they don't pay.
Hence there isn't much scope to pay for decent reporters
and editors.

Mind you, that never inhibited much of the UK paper press.
The Daily Wail and Daily Sexpresses were and are prime examples
of that.

Murdoch's Sun and News of the World etc were never
more than comics bought very cheaply by the masses so they
could have their daily tits with their cups of tea.

Tribalization among their audience encourages inflammatory shrieking
and insults and profanity. Sad.

More than sad; dangerous.

Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.

I don't bother to read that, so I wouldn't know.

"Follow the money" is still a sound principle.

 

[John Larkin]

On Wed, 16 Oct 2019 18:19:19 +0100, Tom Gardner
<spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 16:10, jlarkin@highlandsniptechnology.com wrote:
On Wed, 16 Oct 2019 08:21:28 +0100, Tom Gardner
spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 01:47, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

The Internet has created 10x as many "news" sources as before, and
they need content to sell ads, so they make it up. Nobody can afford
literate reporters and researchers any more.

Since nobody has to pay for news any more, they don't pay.
Hence there isn't much scope to pay for decent reporters
and editors.

Mind you, that never inhibited much of the UK paper press.
The Daily Wail and Daily Sexpresses were and are prime examples
of that.

Murdoch's Sun and News of the World etc were never
more than comics bought very cheaply by the masses so they
could have their daily tits with their cups of tea.


Tribalization among their audience encourages inflammatory shrieking
and insults and profanity. Sad.

More than sad; dangerous.

The basic problem is that humans are not evolutionarily equipped to
handle bandwidth and choice. Cable TV gave us a hundred channels of
crud. The Internet gives us a million channels of crud.

People want amusement, entertainment, gossip, and conflict, and they
want it now.

 

[Cursitor Doom]

On Wed, 16 Oct 2019 08:10:14 -0700, jlarkin wrote:

Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.

The reason is the general belief, certainly not confined simply to ZH
contributors, that the era of fiat issue money (backed by nothing but
public faith since 1971) is coming to an end and that although we know
with 100% certainty this *will* happen, we don't know exactly *when*.
Holding physical gold and silver (preferably in coin form) is the
ultimate protection against a sudden and unexpected currency collapse
wherever you may be in the world.
If paper currency suddenly becomes worthless, you will be able to buy
NOTHING with it and society will have no choice but to return to either
barter or else coinage with intrinsic worth based on the scarcity of the
metal it's made from.
So the message is, "get stackin'."



--
This message may be freely reproduced without limit or charge only via
the Usenet protocol. Reproduction in whole or part through other
protocols, whether for profit or not, is conditional upon a charge of
GBP10.00 per reproduction. Publication in this manner via non-Usenet
protocols constitutes acceptance of this condition.

 

On Wed, 16 Oct 2019 18:19:19 +0100, Tom Gardner
<spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 16:10, jlarkin@highlandsniptechnology.com wrote:
On Wed, 16 Oct 2019 08:21:28 +0100, Tom Gardner
spamjunk@blueyonder.co.uk> wrote:

On 16/10/19 01:47, John Larkin wrote:
On Wed, 16 Oct 2019 00:25:59 -0000 (UTC), Cursitor Doom
curd@notformail.com> wrote:


Looks like we're overdue for the next recession...

https://www.zerohedge.com/s3/files/inline-images/bfmCDE9.jpg?itok=ihNx15rZ

... despite what CNBC may say.

We're due for one eventually, but Zero Hedge extrapolates the 3rd
derivative of anything they can find.

Fun to read, but hysterical.

That's how they key the money coming in.
Much, but not all of the UK press is like
that too.

It is easy to make predictions that:
- we are doomed
- we are shortly going to be in nirvana
and if you do it frequently enough over a long enough
period you will /eventually/ be correct.

The Internet has created 10x as many "news" sources as before, and
they need content to sell ads, so they make it up. Nobody can afford
literate reporters and researchers any more.

Since nobody has to pay for news any more, they don't pay.
Hence there isn't much scope to pay for decent reporters
and editors.

People never paid for news (with the possible exception of some small
circulation newsletters). Subscription fees didn't even cover the
circulation costs for major newspapers.

Mind you, that never inhibited much of the UK paper press.
The Daily Wail and Daily Sexpresses were and are prime examples
of that.

Murdoch's Sun and News of the World etc were never
more than comics bought very cheaply by the masses so they
could have their daily tits with their cups of tea.


Tribalization among their audience encourages inflammatory shrieking
and insults and profanity. Sad.

More than sad; dangerous.


Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.

I don't bother to read that, so I wouldn't know.

"Follow the money" is still a sound principle.

 

On Wed, 16 Oct 2019 19:37:58 -0000 (UTC), Cursitor Doom
<curd@notformail.com> wrote:

On Wed, 16 Oct 2019 08:10:14 -0700, jlarkin wrote:

Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.

The reason is the general belief, certainly not confined simply to ZH
contributors, that the era of fiat issue money (backed by nothing but
public faith since 1971) is coming to an end and that although we know
with 100% certainty this *will* happen, we don't know exactly *when*.
Holding physical gold and silver (preferably in coin form) is the
ultimate protection against a sudden and unexpected currency collapse
wherever you may be in the world.
If paper currency suddenly becomes worthless, you will be able to buy
NOTHING with it and society will have no choice but to return to either
barter or else coinage with intrinsic worth based on the scarcity of the
metal it's made from.
So the message is, "get stackin'."

If you're truly worried about the end, buy food and bullets. You
can't eat gold and you aren't going to keep it without bullets.

 

[John Larkin]

On Wed, 16 Oct 2019 19:37:58 -0000 (UTC), Cursitor Doom
<curd@notformail.com> wrote:

On Wed, 16 Oct 2019 08:10:14 -0700, jlarkin wrote:

Zero Hedge seems to be constantly promoting gold too. There must be a
reason behind that. Maybe that's their only reason for existing.

The reason is the general belief, certainly not confined simply to ZH
contributors, that the era of fiat issue money (backed by nothing but
public faith since 1971) is coming to an end and that although we know
with 100% certainty this *will* happen, we don't know exactly *when*.
Holding physical gold and silver (preferably in coin form) is the
ultimate protection against a sudden and unexpected currency collapse
wherever you may be in the world.
If paper currency suddenly becomes worthless, you will be able to buy
NOTHING with it and society will have no choice but to return to either
barter or else coinage with intrinsic worth based on the scarcity of the
metal it's made from.
So the message is, "get stackin'."

The massive US government debt can only be fixed by printing money,
but we needn't drive the value of the dollar to zero. Cutting its
value by a factor of 2:1 or maybe 3:1 will do.

Real estate is a good investment too.

--

John Larkin Highland Technology, Inc
picosecond timing precision measurement

jlarkin att highlandtechnology dott com
http://www.highlandtechnology.com