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Category Archives: Armageddon
California Snapshots
The wife and I took a long lunch today to drop by our credit union and hand over our California tax refund check registered warrant/IOU in exchange for loan papers. Hadn’t planned on actually redeeming the thing until its October … Continue reading
Posted in Armageddon
1 Comment
More Interesting Times Ahead
Remember the Chinese curse? Well, in addition to our own impending mortgage Tsunami, there’s the China Bubble. Yes, the entire Chinese economy is a bubble. What, oh what, do you suppose will happen when it bursts? I used to subscribe … Continue reading
Posted in Armageddon
2 Comments
More on the Coming Mortgage Tidal Wave
If this didn’t convince you, how ’bout this detailed analysis of what’s ahead.Â
Posted in Armageddon
1 Comment
Prophecy
The P/E ratio for the S&P 500 is an absurd 15.74 on forward earnings and the NASDAQ an even more absurd 19.22. Traditional recession level ratios are between 5 and 8 (Source WSJ, 7/21). Considering the spin being put on … Continue reading
Posted in Armageddon
3 Comments
Mortgage Tidal Wave Cresting
That means it hasn’t hit yet. What, you say? That’s right, the bad stuff’s yet to come: T2 Partners
Posted in Armageddon, By Ourselves, For Ourselves
1 Comment
Monkey Driven Mech Update
As a supplement to yesterday’s post, some may wonder what will power these machines so that their monkey pilots can bring an end to civilization. The answer is: You. A steam-powered military robot developed by a Maryland firm could fuel … Continue reading
Posted in Armageddon
3 Comments
Now this is an interesting timeline
right here. Interesting analysis here, with bonus tinfoil-hattery that in the current times is unfortunately a teensy bit plausible even though I really, really don’t want to believe it could be true.
Posted in Armageddon, Color me confused
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Cheer Up! We’re Halfway to the Bottom
See here for the accompanying writeup. Note, of course, that according to this chart, we’re 14 months into the current crisis and the above shows the 1929 – 32 “crisis” as only, well, from 1929 – 1932. Of course, the … Continue reading
Posted in Armageddon
1 Comment
Impossible to Publicize this Too Much
…according to David Bernstein of the Volokh Conspiracy, and he’s right.
Posted in Armageddon
3 Comments
Oh Shit
Lifted directly from Survivalblog: What’s wrong with this picture? Teacher Tests Negative for Swine Flu but Then She Dies of the Flu In an echo of the first pages of Rawles’ novel PATRIOTS, this morning I sat through a long … Continue reading
Posted in Armageddon
2 Comments