Next up, Puerto Rico. Paul is rushing there to tell them that the answer to their debt crisis is to spend more. "Don't stop borrowing, and spending, and living beyond your means, until they pull the credit card from your dead, cold hands", he told them. "Ignore reality, just brazen your way right through the collapse of the economy."
And sometime in the future, will come the heavy hitters. The US, the EU, and Japan. But *they* have a printing press, so the way to prepare for their crises is to buy a wheelbarrow. Don't rush out today, but keep an eye out for deals on wheelbarrows.
When? Without the boom in shale oil, it would have been happening now. So, with shale oil in the US predicted to decline towards the end of the decade, that's a good time to be especially cautions. Because, when that happens, it is likely that world oil prices will rise significantly. So the US, and Japan, and the EU, will need to borrow more, to cover their balance of payments deficits.
Fun and games. comment by usgoosht on Detroit's Bankruptcy Follows Decades of Decay Dec 3, 2013 10:19 PM [GMT]
What this means is that everyone within 10 miles of an Amazon warehouse will live in a goldfish bowl. I think if this is deployed, Amazon should be required to provide a 24 hour drone channel for all their top executives.
"Hey, let's check and see what Jeff is doing now!"
Or at least their homes.
"Hey, I wonder what's happening at Jeff's place?" comment by usgoosht on Amazon drones: nine ways it could go horribly wrong Dec 2, 2013 4:01 PM [GMT]
But it is just a sideshow. The real show is whether all those young folks that voted for Obama's vision are willing to pony up $300 a month to pay for it.
It was easy to support it when it looked like someone else would pay for it. But now the rubber meets the road. comment by usgoosht on At least someone's happy! Nevada's legal prostitutes say they can finally get health insurance thanks to Obamacare Dec 2, 2013 3:50 PM [GMT]
That would make him a typical Wall Street denizen. comment by usgoosht on Henry Kissinger Says American Decline Is A Myth: What Are You Smokin', Dude? Dec 1, 2013 7:03 PM [GMT]
Might be suitable for police or fire departments, or emergency vehicles like ambulances. comment by usgoosht on 18-propeller helicopter takes off Nov 27, 2013 8:39 PM [GMT]
This should be leading to a spike in inflation, since housing comprises such a large component of the inflation measure. Why isn't it? What sleight of hand are the using to avoid that? comment by usgoosht on Home Prices Rise At Fastest Pace Since February 2006, Says S&P/Case-Shiller Nov 26, 2013 10:46 PM [GMT]
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