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Answer To :rhaacke - 1/26/2015 at 3:36 PM GMT
All this fear of automation taking over jobs is completely unfounded. It will never be possible for machines to make everyone unemployed. If everyone were to somehow be replaced by a machine then there would be no one with any money to buy what the machines produce and therefore no reason for the machines to produce anything in the first place.
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Answer To :relayer - 1/18/2015 at 1:34 AM GMT
Mish says "There will be a trend reversal in the US back towards the norm on savings" and "The savings rate in the US has only one way to go and that is up."
And what norm might that be? How about the present 4.4 percent. More and more retirees spending their savings.
Where are the jobs going to come from to boost savings? Not McDonalds.
Looks like you can rule out sooner to me.
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"weapon in the heads of a law abiding citizen" I understand you meant "hands" Mac, perhaps you were still thinking about that brutal shot point blank to the head of that policeman. Sickening indeed. My question, having been acquainted with firearm use since i was old enough to demonstrate responsibility to my father, is, where is the blood ? I am not familiar with modern auto loading weapons, but was that AK recoil-less ?
I have been out many times with professional kangaroo shooters and i can tell you first hand what happens to a head when impacted by a high velocity .22 caliber. It's messy, very messy. Instantly. The AK is 30 cal. right ?
A professional roo shooter might shoot 100 in a night, depending on the season and country. I got sick of all the blo...
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"Gold Makes a Move to Break Out "
"We will have to see how gold follows through ... ,"
"Silver moved higher as well, but was not showing the type of feistiness that we would expect ... ,"
"It was nice to see gold take out the 100 DMA ... ,"
I ran to check my stacks.
Real concern. -8°C and 30cm of snow. Days are still real short up here at 62°N.
If they make it to the door, I'll have to put batteries in the metal detector and chase after them. Where's my headlamp?
Nothing so far, but I installed a 10GHz motion detector just in case my PMs got, shall we say, feisty?
Mayhaps my PMs are just resting up.
Lotta folks say you can't trust them PMs to remain stable like our currency.
No, not gonna ding you tonight.
T...
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