The incredible sadness of austerity

Discussion in 'Economics' started by nitro, Dec 30, 2011.

  1. d08

    d08

    A rather absurd comparison, the economy was booming in Ireland before 2008, so why was it happening?
    You need to compare with other countries for the number to be relevant and look at the years before and after 2008.
    As DT-waw mentioned, sunlight has a lot to do with it. Too cold or stormy outside, use the car instead of walking, natural anti-depressants aren't produced by the organism, depression, suicide. A very simplistic explanation but it's one part of the reason.
     
    #11     Dec 30, 2011
  2. nkhoi

    nkhoi

    so the thread tile should change to The incredible sadness of lacking Sun.
     
    #12     Dec 30, 2011
  3. Whaddaya gonna do? Just read today about the increased skin cancer risk (from higher levels of UV) of tanning salons....
     
    #13     Dec 30, 2011
  4. MKTrader

    MKTrader

    So back-asswards it's almost not worth responding, but...

    No, modern bubbles like housing wouldn't be nearly as severe w/out the Fed (not technically "govt" like you said, but their partner-in-crime). How else would interest rates go so low and stay there? You can't blame it on anyone except those who set the rate. The market certainly didn't.

    And yes, when HUD imposed requirements that basically forced mortgage lenders to make bad loans in the 90s, it was also part of the disastrous recipe. Both HUD and the DoJ (it was a travesty even before Holder) brought lawsuits against bankers when a "high" percentage of minorities were turned for loans. All of the CRA apologist garbage and Fed academic papers don't change this. They cherry pick data points and ignore the real issues.

    As for regs, do you have any idea how many agencies were regulating credit default swaps before the crisis? It has nothing to with "strengthening regulations." That just hurts the little guy and has huge unintended consequences (see Sarbane-Ox and Dodd-Frank). The gov't-corporate coalition always get their regulatory capture perks. That's why Dodd-Frank overregulated small retail FX traders (and many others) while not touching Fannie, Freddie or the big banks.

    Since markets are so evil, why do you even bother posting here? Please don't say that you actually trade them...
     
    #14     Dec 30, 2011
  5. DT-waw

    DT-waw

    Sun > vitamin D makes your bones and teeth strong. bigger muscles, stronger hair, much better mood. hugely better sexual performance and , yeah, bigger cock.

    without sun a man will often feel not enough sexually attractive.
    to compensate this weakness irish, british, german, polish, swiss, norwegian men will try to get ahead of everybody else in the financial status.

    this psychic mechanism partly explains why swiss, german and brits are rich- they have the motive deeply inside psyche.

    when financial crisis comes- oops houston we have a problem!
    and what western girls want for valentines day in Feb?
    long dark chocolate bars with big nuts :D
     
    #15     Dec 30, 2011
  6. nkhoi

    nkhoi

    ask yourself do people living in sunny countries have higher rate of skin cancer?
     
    #16     Dec 30, 2011
  7. People living in sunny countries tend to have high melanin content.. so what's your point?
     
    #17     Dec 30, 2011
  8. MKTrader

    MKTrader

    Do they?

    All I know is enough sun + lots of Vitamin D when you're not in the sun >>>>> flu shots and antibiotics.
     
    #18     Dec 30, 2011
  9. DT-waw

    DT-waw

    you can increase your melanin, but you need to tan <B> slowly and gradually </B>

    dont lay on the beach from 11 to 3 right after 5 winter months!!!

    rastafari men are far from sadness, despite being very poor.

    <iframe width="420" height="315" src="http://www.youtube.com/embed/QQQpkll5aoA" frameborder="0" allowfullscreen></iframe>
     
    #19     Dec 30, 2011
  10. Impression resulted from main stream media differs from reality.
    I recall reading from somewhere.
    Jobs outsourced in past 10 years:
    China: 900k
    Mexico: 900k
    India: 400k
    German/France/Canada/UK are all around 500k
     
    #20     Dec 30, 2011