tag:blogger.com,1999:blog-6568749253826790814.post6346448173357990962..comments2024-01-05T10:11:27.498+00:00Comments on Soot and Ashes: The World AFTER the Crash: For those of you keeping score at home, we're in "Relief" now. After being in Despondency in February.bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-6568749253826790814.post-61182253114556667812010-01-11T12:01:44.216+00:002010-01-11T12:01:44.216+00:00Haha! You live!
Well, well, well. My take is that...Haha! You live!<br /><br />Well, well, well. My take is that there is a bit of a variation in the population - some are still back in Anxiety, most are in Denial and a paranoid few are in Fear. <br /><br />This year will see more people in Fear and Desperation when the double dip bites. Those people in the know are already there, moving into Panic.Saulhttps://www.blogger.com/profile/11223726282638853316noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-85173832845791393862009-12-30T22:51:16.443+00:002009-12-30T22:51:16.443+00:00Kieth, you are still crazy as ever - we are still ...Kieth, you are still crazy as ever - we are still in denial my friend.<br /><br />As an aside, my landlord failed to pay our mortgage and now I am getting kicked out - finally, after all these years of reading HP, etc. DC Metro ends up being no different than any other bubble city and that the gov't jobs can't do anything to stop it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-60051491159060008892009-12-28T22:11:58.436+00:002009-12-28T22:11:58.436+00:00I don't know Keith, I think we're at despo...I don't know Keith, I think we're at despondency here in the NYC metro area. Or at least, I am, harhar (can't stand the holdays!!).<br /><br />When is this stock market gonna crash, doyathink? I have everything in bonds, cash, and certain commodities since July waiting for this crash I keep hearing about from one KD, but it doesn't come. wuwt? <br /><br />msnjAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-71647990466616157882009-12-22T02:10:02.705+00:002009-12-22T02:10:02.705+00:00SoYouThinkYouCanInvest said
"...There are tw...<i>SoYouThinkYouCanInvest said<br /><br />"...There are two types of cycles: short term cycles and long term aka secular cycles. Keith is exactly right where we are in the short term cycle. In the long term cycle we are definitely in the denial phase."</i><br /><br />Ah so; that is the best explanation I have seen for what is going on.<br /><br />Thank you for that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-21774098995699529382009-12-21T22:50:21.250+00:002009-12-21T22:50:21.250+00:00Welcome back Keith, even though you are just check...Welcome back Keith, even though you are just checking in.<br /><br />So you are saying that we have already passed the "Point of Maximum Financial Opportunity" and we are headed for euphoria in short order.<br /><br />I guess I don't know how that could be.<br /><br />We still have 2 more waves of foreclosures coming in 2010 and 2011.<br /><br />We have a federal reserve leading all the commercial banks with balance sheets full of toxic waste.<br /><br />We have 1 out of 4 homeowners upside-down.<br /><br />We have the US gov't in debt over $12 trillion and climbing.<br /><br />We have unemployment at 10% and probably going higher.<br /><br />We have commercial real estate going bust.<br /><br />We have pension plans going bust.<br /><br />We have home prices still declining.<br /><br />We have bankruptcies going higher.<br /><br />We have big states like California and New York going broke to the tune of billions.<br /><br />We have an auto indudstry in collapse.<br /><br />I guess I could go on but what's the point?<br /><br />So I guess I will just sit back and wait for the euphoria to take hold.<br /><br />Keith you are the best so I just ask for 1 favor.<br /><br />Will you let us know when we are in euphoria? I can't wait for euphoria!!!!<br /><br />Thanks Keith and welcome back!<br /><br />I look forward to more posts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-59101025525749713312009-12-21T17:40:41.605+00:002009-12-21T17:40:41.605+00:00JAWS said...
"Seems so in Las Vegas real est...JAWS said... <br />"Seems so in Las Vegas real estate.<br />People have cash. They're coming from all over the place.<br />They don't even want a deal anymore; they just want a nice place where they can entertain. Lots of it here."<br /><br />-----------------------------------<br /><br />Hmm, that's really intersting JAWS. Say, do the people coming in happen to have hooked noses?Honica Jewinskihttps://www.blogger.com/profile/08873911329731960499noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-48073433276314389792009-12-20T20:37:41.380+00:002009-12-20T20:37:41.380+00:00It's great to see you posting again Keith, eve...It's great to see you posting again Keith, even if it doesn't become a daily thing.<br /><br />There are two types of cycles: short term cycles and long term aka secular cycles. Keith is exactly right where we are in the short term cycle. In the long term cycle we are definitely in the denial phase.SoYouThinkYouCanInvesthttps://www.blogger.com/profile/05615100510722317312noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-75505038760017409212009-12-20T19:58:29.059+00:002009-12-20T19:58:29.059+00:00Keith we miss you!! I'm tired of all my banker...Keith we miss you!! I'm tired of all my banker colleagues lost on their market views and the public still hocked up in debt.wallstreetvetnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-91395003789201670452009-12-20T17:44:50.145+00:002009-12-20T17:44:50.145+00:00In Phoenix, I'd say people are still in denial...In Phoenix, I'd say people are still in denial. Mall and shopping center parking lots filled up with the mindless morons still using their credit cards, houses 60% off peak with probably another 20% drop in 2010. This valley of the smog is chock full of ignorant dumbasses. Can't wait to leave this hellhole!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-18339120579986335932009-12-20T04:50:04.886+00:002009-12-20T04:50:04.886+00:00I just drove East from California to Arizona on I-...I just drove East from California to Arizona on I-10. Many of the cars heading our way had huge tarp-covered bundles tied onto the top of them or in open trailers behind them. From what I could see, it didn't look like Christmas visit stuff, or camping stuff, or vacation stuff - it looked like clothing and personal possessions all piled together. I've never seen that before. <br /><br />All I could think of were those old pictures from the 30's of families looking for work I guess, with all their wordly possessions tied on to their cars. <br /><br />There were quite a few U-haul trailers too, like mine.<br /><br />Am I imagining things? I've never traveled that route at Christmastime, til now. <br /><br />By the way, I was helping to move relatives who are losing their house. He's out of work, she has health problems, couldn't pay bills, went through savings, retirement money, loans from relatives and friends ... . It happened pretty quickly actually.patratnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-29990515462863514712009-12-18T22:00:38.290+00:002009-12-18T22:00:38.290+00:00Seems so in Las Vegas real estate.
People have cas...Seems so in Las Vegas real estate.<br />People have cash. They're coming from all over the place.<br />They don't even want a deal anymore; they just want a nice place where they can entertain. Lots of it here.<br /><br />I think CA is still due for a soaking though.JAWShttps://www.blogger.com/profile/10789678308160690854noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-62402167280776595992009-12-18T16:39:24.532+00:002009-12-18T16:39:24.532+00:00If you're using the chart to gauge the health ...If you're using the chart to gauge the health of the stock market, then yeah, I'd pretty much agree with ya. Somewhere around hope I'd say. We'll see how long that lasts though. I suspect it won't be very damn long. <br /><br />If however, you are using that chart to gauge the overall health of the economy, then, well, all I can say is LMMFAO!!!!!!!!!!!!!<br /><br />You've GOT to be freakin KIDDING ME! Unemplyment EVERYWHERE. Forclosures EVERYWHERE. Eviction notices EVERYWHERE. <br /><br />THings are slowly but surely getting worse here bud. Go ahead and take a poll if you must.Honica Jewinskihttps://www.blogger.com/profile/08873911329731960499noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-41974233827032370862009-12-18T11:32:09.281+00:002009-12-18T11:32:09.281+00:00It always seems like you are always 2 or 3 dots fu...It always seems like you are always 2 or 3 dots further ahaead on this chart than what I observe in my area (Philly burbs). I would say we are still in denial in this area. Housing prices have come down a little bit and people are negotiating more, but housing is still way way overpriced. Rents are way overpriced as well. Maybe the upcoming bank holiday will finally usher in reality.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-72721377175165884812009-12-18T03:56:37.671+00:002009-12-18T03:56:37.671+00:00Son of a bitch. I just had a dream early this mor...Son of a bitch. I just had a dream early this morning that Soot and Ashes had a bunch of new posts since you signing off, I log on and voila- it's true!<br /><br />Glad to see you back, even if only temporary Keith. <br /><br />Your insights and cutting analysis is sorely missed.<br /><br />-MikeMike Huntnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-26023731674421646512009-12-17T23:58:37.824+00:002009-12-17T23:58:37.824+00:00Uh huh. And how does a collapsing dollar and out o...Uh huh. And how does a collapsing dollar and out of control debt for governments, businesses, and individuals play into your bullish views?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-84935250967093682952009-12-17T19:13:00.683+00:002009-12-17T19:13:00.683+00:00Keith, if we are in Relief, then when were we ever...Keith, if we are in Relief, then when were we ever in Capitulation, Despondency, and Depression. Perhaps in isolated pockets like Detroit, but most people have only experienced Panic to this point. Furthermore, unemployment remains high, more housing resets are coming, and the population is nearing rebellion over the spending in Washington aimed at putting a bandaid on the problem. <br /><br />A skeptic would argue that your post is a feeble attempt to defend your blind support of the idiot you voted for.TXGnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-70591896741628300802009-12-17T04:23:07.903+00:002009-12-17T04:23:07.903+00:00Keith,
I checked-in in good faith, and with good ...Keith,<br /><br />I checked-in in good faith, and with good intentions.<br /><br />IMHO, you're messing with the medium.<br /><br />If you thought about that for a couple minutes, you'd realize that that's important.euonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-33832452945686708512009-12-17T03:24:00.479+00:002009-12-17T03:24:00.479+00:00Bernake-'Man of the Year'.
Seriously, t...Bernake-'Man of the Year'. <br /><br />Seriously, this is the cherry on top. It is like raping someone, not even being tried for it and knowing you will not be, and then shooting that person the bird and stealing their lunch. WTF!?<br /><br />How can a nation of so many be so ignorant? The curtain has come down, the scam is in perfect view, but still the sheep see nothing and nominate their slaughterer 'Man of the Year'.<br /><br />It is surreal to see this in motion, to know what has been done and gotten away with, to know the direction this leads, and that it only gets bigger and worse from here because all who could stand up and demand what is right and just lack any critical thinking or awareness to do so.Dr. Huxtablehttps://www.blogger.com/profile/00264738007567446419noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-83424045082230696192009-12-17T03:06:24.347+00:002009-12-17T03:06:24.347+00:00I am OUTRAGED at this TIME Magazine 'man of th...I am OUTRAGED at this TIME Magazine 'man of the year'. How can a media outlet show such extreme favoritism and be so disingenuous? They give Bernake this credential for 'keeping the economy from getting worse than it could have been'.<br /><br />If their cover had any foresight it would shame Bernake for having sold away our future, for having avoided a necessary and healthy correction to this bubble economy. Instead Bernake has rewarded the guilty, punished responsible savers, and sold away our future. TIME Magazine is a joke.Dr. Huxtablehttps://www.blogger.com/profile/00264738007567446419noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-46667149895788806082009-12-17T02:32:11.414+00:002009-12-17T02:32:11.414+00:00Seriously? I mean really...seriously??? Who'...Seriously? I mean really...seriously??? Who's payrol' is TIME magazine on?<br /><br />Is Britney Spears Mother of the Year?<br /><br />http://news.yahoo.com/nphotos/Federal-Reserve-Chairman-Ben-Bernanke/photo//091216/480/6e0e5291b6924d9eb2e24d2bfe4cc213//s:/ap/20091216/ap_on_go_co/us_bernanke_senateDr. Huxtablehttps://www.blogger.com/profile/00264738007567446419noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-43611734213918087922009-12-17T01:26:56.692+00:002009-12-17T01:26:56.692+00:00Kind of depends where you are at.
http://www.dail...Kind of depends where you are at.<br /><br />http://www.dailyjobcuts.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-62513764279899261392009-12-17T01:17:12.610+00:002009-12-17T01:17:12.610+00:00I got news for you
D-E-A-D C-A-T B-O-U-N-C-E
Th...I got news for you <br /><br />D-E-A-D C-A-T B-O-U-N-C-E<br /><br />The communist are going to destroy the world.stupidlynoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-72693624399078296242009-12-16T22:30:52.747+00:002009-12-16T22:30:52.747+00:00Keith,
Thanks for the fresh perspective. I defini...Keith,<br /><br />Thanks for the fresh perspective. I definitely regret not listening to your advice re: MOABO in Dec 2008(even though you were a few months early, overall a great call).<br /><br />The game is rigged, that is why using rational investing theory doesn't always work. Sometimes you just have to get in on the momentum fuelled by bad public policy and hopefully get out before the next crash.<br /><br />Not sure I have the stomach to do anything but I appreciate your point of view.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-51968031430275641802009-12-16T22:06:19.830+00:002009-12-16T22:06:19.830+00:00Does anyone think we'll ever see "excitem...<i><br />Does anyone think we'll ever see "excitement" and "thrill" again in our lifetimes?<br /></i><br /><br />I hope not. We've had enough of both to remain busy picking up the wreckage for a few more years/decades.<br />I was surprised to learn that Dubai actually had/has THREE "palm island" projects, each subsequent one larger than the former and started in a haste while ink was still dry on the previous developments. This is eerily similar to the Soviet experience of "dolgostroy" ("long construction") - mega-projects that would never be completed. Makes me pessimistic. Regulators can fix post-bubble hangovers but they cannot fix WASTE.Andrew from Russianoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-5503488358384610432009-12-16T21:25:25.041+00:002009-12-16T21:25:25.041+00:00Ron Paul and Barny Frank will be on Larry King ton...Ron Paul and Barny Frank will be on Larry King tonight to debate monetary policy.Angry Leprechuannoreply@blogger.com