Ace of Spades HQ

January 25, 2013

Coming Soon: England About To Enter Triple-Dip Recession
— Ace

Obama's something, huh?

Howard Archer, economist at IHS Global Insight, described the situation as Â“direÂ” and added: Â“We believe the economy is essentially flat at the moment. We suspect that GDP will not return to the level seen in the first quarter of 2008 until the first half of 2015 Â– a gap of seven years.Â”

Obama's next excuse will be that Europe plunged us into deeper recession.

But one could also say that his failure to create the conditions for good growth in the US has exacerbated the global recession, and caused Europe to fall into recession.

But we won't hear that over here. It'll just be more Japanese earthquakes and ATMs.

Your Mouth

I would apologize for the mess I seem to have made but it was the Tsunami's fault.

More: England's trying slow-motion weak-form austerity. It's neither sparing the country pain, nor getting the pain over with so that the healing can begin.

Posted by: Ace at 04:16 PM | Comments (145)
Post contains 173 words, total size 1 kb.

1 I wasn't a big fan of the original 1970s and wasn't at all looking forward to the sequel.

Posted by: mongo78 at January 25, 2013 04:18 PM (2b46R)

2 First?

Posted by: Dresden at January 25, 2013 04:18 PM (OcE49)

3 doh

Posted by: Dresden at January 25, 2013 04:18 PM (OcE49)

4 Just lie back and think of England.

Posted by: Lurking Canuck at January 25, 2013 04:20 PM (0WLla)

5 I wasn't a big fan of the original 1970s and wasn't at all looking forward to the sequel.

Brazilian waxers hardest hit.

Posted by: Colorado Alex at January 25, 2013 04:20 PM (hpDVh)

6 TFG is something, all right.

*censors self*

Posted by: Jane D'oh at January 25, 2013 04:20 PM (UOM48)

7 I didn't dip that economy by myself.

Posted by: Barry at January 25, 2013 04:20 PM (RsutZ)

8 We suspect that GDP will not return to the level seen in the first quarter of 2008 until the first half of 2015 Yeah, I'm counting on the 22nd Amendment holding up, as well.

Posted by: t-bird at January 25, 2013 04:21 PM (FcR7P)

9 I'm actually surprised that England isn't doing worse. I mean, what the hell do they make anymore? RR jet engines and what?

Good thing that can't happen here.

Posted by: pep at January 25, 2013 04:21 PM (6TB1Z)

10 Happy days are here again!

Posted by: Bete resigned to just watching the world burn at January 25, 2013 04:22 PM (8kIXE)

11 I inherited the mess of the last four years.

Wait, what?

Posted by: King Baracka Vomitus I at January 25, 2013 04:22 PM (UOM48)

12 But...but...but...I inflated my tires!

Posted by: Tonic Dog at January 25, 2013 04:22 PM (X/+QT)

13 I don't know all the headlines today were blaring about US stocks just about to reach their all time highs so I continue to be confused about economic things.

Posted by: ParanoidGirlInSeattle at January 25, 2013 04:22 PM (RZ8pf)

14 The MFM is going to begin focusing on Hillary! now. They'll just ignore their old messiah's failings.

Posted by: Jane D'oh at January 25, 2013 04:23 PM (UOM48)

15 Japan is going to start printing money. Said they are willing to print two points of inflation. At least they're honest. Maybe their voters aren't a majority of complete dumbshits???

Posted by: Justamom of the LiB camp at January 25, 2013 04:23 PM (Sptt8)

16 3rd time is the charm

Posted by: Tilikum the Killer Assault Whale at January 25, 2013 04:24 PM (STXU1)

17 Our growth rate over the last 5 years is a whopping 3% TOTAL, or 0.6% per year. Nothing like spending nearly $7 TRILLION in borrowed money to get a grand total of $0.5 trillion in GDP growth in 5 years.

Hey TFG, make some more 'investments' for us, why dontcha?

(I know he will do this anyways; looters must loot)

Posted by: GnuBreed at January 25, 2013 04:24 PM (ccXZP)

18 Won't the Libs just say the recession was because austerity and use it as the reason for more spending?

Posted by: gumble at January 25, 2013 04:25 PM (rXIjh)

19 Brits are going for the triple ball dip. Who coulda predicted this in the country where a butter knife is a banned weapon?

Posted by: sTevo at January 25, 2013 04:25 PM (VMcEw)

20 There's a triple dip option, at select retailers, on my baby-mama's EBT card.

Posted by: Fritz at January 25, 2013 04:25 PM (WM+rJ)

21
Eh -- big deal. When was the last time something bad happened because of a prolonged European economic crisis?

Posted by: Laurie David's Cervix at January 25, 2013 04:26 PM (kdS6q)

22 18 Won't the Libs just say the recession was because austerity and use it as the reason for more spending?

Of course not. Boooooosh!!!

Posted by: Jane D'oh at January 25, 2013 04:27 PM (UOM48)

Posted by: gumble at January 25, 2013 08:25 PM #18

They'll say whatever they need to, so yes.

Posted by: Tilikum the Killer Assault Whale at January 25, 2013 04:27 PM (STXU1)

24 So in England they can't just fudge the numbers like Obama does here?

Posted by: Jean at January 25, 2013 04:28 PM (k8qQE)

25 Isn't Dear Leader due for another much deserved vacation soon? And spring break will be coming up in a couple of months.

Mooch and the girls need to plan a fabulous getaway!

*shoots self in head with Hello Kitty bubble gun*

Posted by: Jane D'oh at January 25, 2013 04:29 PM (UOM48)

26 Is it just me, but does Ace seems a bit obssessed with oral sex?

Posted by: Tilikum the Killer Assault Whale at January 25, 2013 04:30 PM (STXU1)

27 This book I'm reading on the rise of communism in Russia is very interesting. The Russian people revolted when they were starving and freezing, accepting communism as a change. Our people are fat and happy with their ebt cards, Obamaphones, unemployment, disability, Medicaid, etc. so they will accept communism out of dependence and complacency, and stupidity.

Posted by: Justamom of the LiB camp at January 25, 2013 04:30 PM (Sptt8)

28 Recession? Both the UK and the US have been in a DEPRESSION for years. Both employment and GDP are permanently depressed under Obama. The Great Depression actually had more "up" periods than "down" periods. It's just that the "up" periods were weak, and the "down" periods devastating.

Posted by: The Political Hat at January 25, 2013 04:31 PM (Vk2pI)

29 Brits need to jump on board weapons sales to Egypt. Couple jets and a few tanks should keep the lights on for a few days.

Posted by: sTevo at January 25, 2013 04:32 PM (VMcEw)

I would apologize for the mess I seem to have made but it was the Tsunami's fault.

Being fluent in liberalese, I believe that the usual usage refers to the origin of the mess in the passive voice, and also writes the speaker out of the sentence, viz.,

The mess that was made was regrettable but it was the Tsunami's fault.

Posted by: Jay Guevara at January 25, 2013 04:32 PM (IDSI7)

31 ATMs?

Yeah, those definitely leave behind a bad taste

Posted by: boulder hobo at January 25, 2013 04:32 PM (QTHTd)

32 Hey England, import workers abolish the unions. I speak English and will sign a sheet saying I won't ask for state aid for 20 years. Try thinking outside the goddamned Keynesian box please?

Carry on.

Posted by: sven10077 at January 25, 2013 04:32 PM (LRFds)

33 Obama's achievements as POTUS is trumped only by Hillary!s achievements as SOS.

Maybe they can tag-team with BP and open a passage for Cthulhu.

Posted by: AnonymousDrivel at January 25, 2013 04:33 PM (eHIJJ)

34 A little mood music http://www.youtube.com/watch?v=RdD6L4cKKU8

Posted by: The Political Hat at January 25, 2013 04:33 PM (Vk2pI)

The MFM is going to begin focusing on Hillary! now.

Yep. I had CNN inflicted on me in a doctor's office the other day during the hearings, and the chyron read, "What next in her powerful resume?"

Preview of coming attractions.

Posted by: Jay Guevara at January 25, 2013 04:33 PM (IDSI7)

36 1 mongo78,

Less drungs and alcohol in use, aids is here now so not as much swinging, kids wearing similar stupid fashions....

less energy no fallow industry for a quick recock recovery....

yeah it is like the Brady Bunch sequel

Posted by: sven10077 at January 25, 2013 04:33 PM (LRFds)

The Big Reset is coming to us all worldwide. What will trigger it is the only question?

What cannot go on, Will Not Go On. The Debt will not be repaid. I will never collect any SS money, and I am over 50.

the good news is the the survivors will inherit a US that can be self sufficient in Oil and Natural Gas. We still have coal, iron, minerals and farmland.

Posted by: rd at January 25, 2013 04:34 PM (zLp5I)

38 And the Liberal Information Voter will learn none of this. And thus more Democrats elected. Instead of those mean Republicans.

Posted by: BeckoningChasm at January 25, 2013 04:34 PM (xjpRj)

39 My grandparents lived thru the Depression. They were tough as nails. Me? Not so much. Very scared cracker right here, folks.

Posted by: Jmel at January 25, 2013 04:34 PM (9tSXa)

40 Our church is hosting about four hundred out of towers for the right to life march, sleeping all over the gym, etc. We just fed them, great bunch. I signed up over 125 for NRA memberships, mostly women. If I had a van full of guns I could have sold every one.

Posted by: Jean at January 25, 2013 04:35 PM (DcbLC)

41 37 RD,

Run Red....

those who can prepare.....

don't let the bastards make us commies.

Posted by: sven10077 at January 25, 2013 04:36 PM (LRFds)

42 This new world-wide recession will create millions of jobs.

Posted by: Nancy Pelosi at January 25, 2013 04:36 PM (jp2Ur)

43 39 JMel,

The key to being "brave" is knowing enough to be scared but doing the right thing anyway.

Everybody has something to give.

Posted by: sven10077 at January 25, 2013 04:37 PM (LRFds)

44 The CBS State News Service ran a segment tonight on how well our economy was doing. It's poised to take off like a rocket this year. Poised, I say.

Posted by: toby928© presents at January 25, 2013 04:37 PM (QupBk)

45 40 Our church is hosting about four hundred out of towers for the right to life march, sleeping all over the gym, etc. We just fed them, great bunch. I signed up over 125 for NRA memberships, mostly women. If I had a van full of guns I could have sold every one.

Posted by: Jean at January 25, 2013 08:35 PM (DcbLC

Good for you! And the coverage of the march by the MFM? *crickets*

Posted by: Jane D'oh at January 25, 2013 04:37 PM (UOM48)

46 Serious weaponry, The Annihilator 2000 http://tinyurl.com/ao4ns8a

Posted by: Ohio Dan at January 25, 2013 04:37 PM (JKNDp)

47 >>>Is it just me, but does Ace seems a bit obssessed with oral sex?

If there's one thing the Clinton Adminstration taught us, it's that Oral is just sexual foreplay.

Posted by: Fritz at January 25, 2013 04:37 PM (WM+rJ)

48 44 Toby 928th,

That's right my wife got a raise to -4%.....

a 2% raise with higher Tricare fees!

YAY Obamaconomy!

Posted by: sven10077 at January 25, 2013 04:38 PM (LRFds)

49 Jean- Awesome! Great job. Hope you had a blast. I'm hoping to go next year, but not sure about the bus thing. Kinda getting soft for that. But the kids like it.

Posted by: Justamom of the LiB camp at January 25, 2013 04:38 PM (Sptt8)

50 Right to Life?

Where can I send money?

Posted by: Jimbo at January 25, 2013 04:39 PM (V70Uh)

51 Yeah, but they have "free health care". Watch this is what we have to look forward too.

They have an enormous lower class that simply refuse to work, plus all the immigrants from Pak.

Sort of like Harlem or Durham, but they are white.

Posted by: Billy Bob, Pseudo Intellectual at January 25, 2013 04:39 PM (wR+pz)

52 "But one could also say that his failure to create the conditions for good growth in the US has exacerbated the global recession, and caused Europe to fall into recession."

If you talk to Europeans all recessions begin in the United States, we just keep dragging them down.

Posted by: Adam Smith's Invisible Pimp Hand at January 25, 2013 04:39 PM (NzBQO)

53 My tits hurt.

Posted by: Nancy Pelosi at January 25, 2013 04:39 PM (jp2Ur)

54 Kinda being FORCED into that austerity, Ace. Their last big tax increase on the wealthy didn't go so well.... http://tinyurl.com/10-000-Millionaires-Dissapear

Posted by: drawandstrike at January 25, 2013 04:39 PM (uVLJc)

55 If your not obsessed with oral sex, you should probably be over at TepidcAir.

Posted by: Jean at January 25, 2013 04:39 PM (DcbLC)

England is a giant welfare state for immigrants from despot countries, and Islamists radicals.

God Save The Queen

Posted by: haleycowboy at January 25, 2013 04:39 PM (wSTfB)

57 51 Billy Bob,

That's why I'm telling you if it all does fall to shit *we* may be valuable because we work.....

If we can go to a country that needs us....

YAY

Posted by: sven10077 at January 25, 2013 04:40 PM (LRFds)

58 13 I don't know all the headlines today were blaring about US stocks just about to reach their all time highs so I continue to be confused about economic things.

Posted by: ParanoidGirlInSeattle at January 25, 2013 08:22 PM (RZ8pf)

Flight capital and inflation. Also those who still have a 401K have to buy something before April 15th.

Posted by: Billy Bob, Pseudo Intellectual at January 25, 2013 04:40 PM (wR+pz)

59 If we had only passed Plan B!

Posted by: eman at January 25, 2013 04:41 PM (jp2Ur)

60 52 Adam Smith's Invisible Pimp Hand,

law of Macro Economics shit rolls uphill....

we're still the top dog....for about another 3 years worst case 15 best.

Posted by: sven10077 at January 25, 2013 04:41 PM (LRFds)

61 >>>But we won't hear that over here. It'll just be more Japanese earthquakes and ATMs.

Mankind has been sailing upwind for about a thousand years. Any sailor will tell you no wind is much much worse than headwind. I guess SCOAMF hasn't figured that out.

Posted by: MikeTheMoose Offering Moobats Gasoline and Matches at January 25, 2013 04:41 PM (0q2P7)

62 Paranoid Girl in Seattle,

plaus Helicopter Ben Bukake basically has a printing press dumping funny money into the mega banks.....

think of it as food stamps for billionaires.....

HAPPY DAYS ARE HERE AGAIN!

Posted by: sven10077 at January 25, 2013 04:42 PM (LRFds)

I don't know all the headlines today were blaring about US stocks just about to reach their all time highs so I continue to be confused about economic things.

Posted by: ParanoidGirlInSeattle at January 25, 2013 08:22 PM (RZ8pf)

As the old joke went, we don't have to outrun the bear, just outrun our companion who's also being chased by the bear. Hence Billy Bob's terse reference to flight capital.

Posted by: Jay Guevara at January 25, 2013 04:43 PM (IDSI7)

64 plaus Helicopter Ben Bukake basically has a printing press dumping funny money into the mega banks..... Man, that's the part of Obama being reelected that really bums me. I was hoping to see Bernanke perp walked.

Posted by: toby928© presents at January 25, 2013 04:43 PM (QupBk)

65 ...headlines today were blaring about US stocks just about to reach their all time highs so I continue to be confused about economic things.

I wondered the same starting about 12 years ago (last recession). I determined then that the markets are like Vegas. They have a life of their own. You cannot depend on them as any kind of accurate economic barometer. Plus, what Billy Bob just said.

Posted by: Tobacco Road, is on ice. at January 25, 2013 04:44 PM (4Mv1T)

66 @57

Unfortunately, when the tipping point get reached, you can not pull the wagon when it is completely full. Look at France. Same socialist crap and all the rich people must pay. No they don't they fucking leave.

Posted by: Billy Bob, Pseudo Intellectual at January 25, 2013 04:44 PM (wR+pz)

67 UK exports include manufactured goods, fuels, chemicals; food, beverages, tobacco

Posted by: Jones in CO at January 25, 2013 04:44 PM (8sCoq)

"Is it just me, but does Ace seems a bit obssessed with oral sex?"

Really?! Seriously?! And WHAT would be the problem with that kind of fixation????

Posted by: CrotchetyoldJarhead at January 25, 2013 04:44 PM (fWgl8)

69 Justamom, it was a younger crowd. I got 22 signed up for the young NRA program. Personally, I would get a hotel in Northern VA, one with a shuttle to a Metro stop - or call a local parish and find out when their bus is headed down and get a cab over in the morning. The camaraderie was great, the gym floor looked hard.

Posted by: Jean at January 25, 2013 04:44 PM (3tFLC)

70 But Belgium exports waffles, right? And smug.

Posted by: toby928© presents at January 25, 2013 04:45 PM (QupBk)

The CBS State News Service ran a segment tonight on how well our economy was doing. It's poised to take off like a rocket this year. Poised, I say.

Posted by: toby928Â© presents at January 25, 2013 08:37 PM (QupBk)

Green shoots, baby! Woot!

Posted by: Jay Guevara at January 25, 2013 04:45 PM (IDSI7)

72 Nancy,

May your tits hurt for ten thousand years. You perverted the Lord's teaching about caring for the poor. You steal from the productive to give to the lazy.

Posted by: Jimbo at January 25, 2013 04:45 PM (V70Uh)

73 "But one could also say that his failure to create the conditions for good growth in the US has exacerbated the global recession, and caused Europe to fall into recession."

Both the UK and Europe were flat on their asses economically in the early 1980s.

What got them up on their feet and prospering again?

The strong transatlantic demand pull from Reaganomics.

The Eurosocialist bien-pensants on the other side of the Atlantic LOATHED Reagan politically. But they were certainly happy to export lucratively to Reagan's booming Stateside economy, and to collect payment in strong Reagan dollars.

Now the Euro elites have the President they always wanted in America: a radical leftist. Except the American economy under the radical leftist is dead stagnant and is not queuing up to buy European merchandise. And the weak Obama dollar is rendering the eurozone's exports uncompetitive. Whoops!

File under "Be careful what you wish for, as you might get it."

Posted by: torquewrench at January 25, 2013 04:45 PM (gqT4g)

74 Yes, England has too many on relief, too many immigrants who do not assimilate and create shariahoods, too much political correctness bullshit, assailant rights, declining standard of living, over regulation... Wait, sounds familiar

Posted by: Justamom of the LiB camp at January 25, 2013 04:45 PM (Sptt8)

75 67 UK exports include manufactured goods, fuels, chemicals; food, beverages, tobacco

Posted by: Jones in CO at January 25, 2013 08:44 PM (8sCoq)

You forget Jihad!

Posted by: Mohamed, the goat fucker at January 25, 2013 04:46 PM (wR+pz)

76 But Belgium exports waffles, right? And smug. Posted by: toby928Â© presents at January 25, 2013 08:45 PM (QupBk) Smug by the super tanker.

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 04:46 PM (l86i3)

77 Welcome Back Carter.

Posted by: toby928© presents at January 25, 2013 04:46 PM (QupBk)

LISTEN UP YOU FUCKING MORANS!!!!!!

Can we please get a fucking consensus here, among us, that the commies are fucking crazy scared of TOM COTTON. The fucking National Journal is already issuing a "warning piece" that it would be premature for Cotton to jump to the Senate after just two years. Never mind how scoamf jumped from nothing to the presidency.

They are FUCKING TERRIFIED OF THIS GUY. FUCKING TERRIFIED.

Wake up!!!! These are the candidates we need to destroy them.

Marco Rubio-Tom Cotton 2016!!!!!!!!!!!!!!!!

Otherwise, have a good weekend. Seriously, the guy has been sworn in for a fucking week and already they are freaking out about this guy.

Build a consensus amongst us, AND WE CANNOT BE STOPPED!!!! Article is called:

"How Control of the Senate Could Lie in One Freshman's Decision"

Notice how this seemingly "balanced" article seems to say it would be CRAZY or PRESUMPTOUS for Cotton to think about going for Senate, after all he just got elected....

hmmm, I can think of one name and one name alone that can tell the commies at the National Journal to go fuck themselves!!!!!!!!!!!

Posted by: Prescient11 at January 25, 2013 04:46 PM (hNhhZ)

79 But...

hot British chicks am I right?

Posted by: Jones in CO at January 25, 2013 04:46 PM (8sCoq)

80 Is it just me, but does Ace seems a bit obssessed with oral sex?
Posted by: Tilikum the Killer Assault Whale at January
-------------------
I understand the words but I still don't understand the question.

Posted by: Lurking Flanuer at January 25, 2013 04:47 PM (bzw/I)

81 Confused by the market - my safe haven is dividend paying Canadian energy stocks. You gotta dig a little to find a local broker who will buy them.

Posted by: Jean at January 25, 2013 04:47 PM (3tFLC)

82 Damn it, troll got a new hash. My eyes!

Posted by: toby928© presents at January 25, 2013 04:47 PM (QupBk)

83 79 But...

hot British chicks am I right?

Posted by: Jones in CO at January 25, 2013 08:46 PM (8sCoq)

With bad teeth? No thanks.

Posted by: Mohamed, the goat fucker at January 25, 2013 04:47 PM (wR+pz)

84 A triple dip is no fair; there's no way to describe its shape using alphabet letters.

Posted by: JonathanEllis at January 25, 2013 04:47 PM (BdzEV)

85 Europe will get their comuppance when Jihad gets turned loose. They are gonna butcher whitey like pigs.

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 04:48 PM (l86i3)

86 64 Toby 928th,

Did you see my epic meltdown when Helicopter ben decided he was all in to get barry back in?

I was tweeting with James Pulkatalakadak from AEI........

I melted the fuck down.

Posted by: sven10077 at January 25, 2013 04:48 PM (LRFds)

87 O/T, my husband's admin. asst. told me at the open house this evening, that her son is heading for Libya. o_O

I believe he's army.

Just remembered that.

Posted by: Jane D'oh at January 25, 2013 04:48 PM (UOM48)

88 off damn sock

Posted by: Billy Bob, Pseudo Intellectual at January 25, 2013 04:48 PM (wR+pz)

89 With bad teeth? No thanks. They do anal.

Posted by: toby928© presents at January 25, 2013 04:48 PM (QupBk)

Posted by: Prescient11 at January 25, 2013 08:46 PM (hNhhZ)

So are was that a paid advertisement or are you just obsessed?

Posted by: Grey Fox at January 25, 2013 04:49 PM (4vofC)

91 Did you see my epic meltdown when Helicopter ben decided he was all in to get barry back in? Sorry I missed it but I've just about quick looking at twitter. There's just so much input I can take in a day and reading all you moron's comments about fills it up.

Posted by: toby928© presents at January 25, 2013 04:49 PM (QupBk)

92 89 With bad teeth? No thanks.

They do anal.

So does my goat, and she doesn't talk back or steal my shit.

Posted by: Mohamed, the goat fucker at January 25, 2013 04:50 PM (wR+pz)

93 With bad teeth? No thanks. They do anal. Posted by: toby928Â© presents at January 25, 2013 08:48 PM (QupBk) Hmm, so I get get them to wear that thing?

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 04:50 PM (l86i3)

94 91 Toby 928th,

It was fun, and I may go back but the libs try to get you banned.

Posted by: sven10077 at January 25, 2013 04:50 PM (LRFds)

95 Before I met my husband, I briefly dated a Brit. He was very good looking, well-enough off, and had a thing about me calling him "Daddy" during, umm, intimate times.

Too weird for me.

Posted by: Jane D'oh at January 25, 2013 04:50 PM (UOM48)

96 I need to watch this weeks Justified on the DVR. I'm pleased that none of you spoiled it for me. BBL

Posted by: toby928© presents at January 25, 2013 04:51 PM (QupBk)

97 hot British chicks am I right?

You got it right sailor.

Posted by: Susan Boyle at January 25, 2013 04:51 PM (6TB1Z)

98 Toby, I thought that was the guys?

Posted by: Jean at January 25, 2013 04:52 PM (3tFLC)

99 Posted by: Jane D'oh at January 25, 2013 08:50 PM (UOM4

Did you dress like a school girl and let him spank you for being naughty?

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 04:52 PM (l86i3)

100 The Great destroyer of our friends over the pond

Posted by: Clemenza at January 25, 2013 04:52 PM (x59Gv)

101 God, how seductive must liberalism be that people would keep going through this crap knowing what is wrought.

Posted by: AmishDude at January 25, 2013 04:52 PM (T0NGe)

102 >I need to watch this weeks Justified on the DVR. I'm pleased that none of you spoiled it for me.

everyone talks real slow for dramatic effect

Posted by: Jones in CO at January 25, 2013 04:52 PM (8sCoq)

103 You can survive bad times. I have done it before. You can learn to cook cheap foods, grow your own, trade and barter.

Most of you have never had to scramble for food. I once gleaned apples from an abandoned orchard and made a dessert with apples, sugar, cinnamon and oatmeal. Impressed the heck out of my son, who has never forgotten it.

An interesting exercise is to go for a week making meals out of what you have in your fridge and cupboards right now. No running to the store to get a missing ingredient. See if you can do it.

Posted by: Miss Marple at January 25, 2013 04:53 PM (GoIUi)

104 99 Posted by: Jane D'oh at January 25, 2013 08:50 PM (UOM4

Did you dress like a school girl and let him spank you for being naughty?

He did ask. Yikes.

Posted by: Jane D'oh at January 25, 2013 04:53 PM (UOM48)

105 101 Amish Dude,

Easiest thing in the world....

"You care, but do not want to take the thime to help anyone so VOTE FOR ME!"

"You you on the couch that doctor has more money than you I will fix it VOTE FOR ME!"

Never

Posted by: sven10077 at January 25, 2013 04:53 PM (LRFds)

106 You can survive bad times. I have done it before. You can learn to cook cheap foods, grow your own, trade and barter.

I've done it. I don't especially want to again. It sucked. So much for the dignity of the poor.

Posted by: pep at January 25, 2013 04:54 PM (6TB1Z)

107 103 Not a big challenge for us preppers. Should the bunker be off limits?

Posted by: Rule #2 at January 25, 2013 04:55 PM (CypDC)

108 He did ask. Yikes. Posted by: Jane D'oh at January 25, 2013 08:53 PM (UOM4

Could have been me faking an accent.

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 04:55 PM (l86i3)

109 Before I met my husband I almost married a Brit with so-so teeth who always wanted back door access. I hear those public school (means private boys school) in England were rife with that. He's a multi multi multi now, but probably a bigger a-hole, too.

Posted by: Justamom of the LiB camp at January 25, 2013 04:56 PM (Sptt8)

110 >Did you dress like a school girl and let him spank you for being naughty?

He did ask. Yikes.

too much pink floyd

Posted by: Jones in CO at January 25, 2013 04:56 PM (8sCoq)

111 #106 Yeah, it does suck. But if you know you can do it, at least you don't get too scared.

Posted by: Miss Marple at January 25, 2013 04:57 PM (GoIUi)

112 Up until recently, California led the recessions.
But this is a different than the usual business cycle recession. This recession is due to overbuilding of high end assets like homes and strip malls and office space.
Also, there's a new kink because the mortgages were combined into derivatives. So, lots of homes were built with construction loans and not bought. The homes that were bought had the mortgages piled in to securities regardless of whether the people could pay their mortgages making the derivatives more risky (and risky derivatives are a no-no for institutional investors like pension funds).
So basically what has been decided is we will inflate the money supply to knock down the value of the enormous amount of debt the public and private sector is sitting on and then wipe the rest of the debt out by allowing banks to write off the loans for all of those bad mortgages. It's going to take a while longer for all that to happen and even then, only if the whole Jenga tower doesn't crash down.
Got it?

Posted by: CozMark the Pancakist at January 25, 2013 04:57 PM (nDeB2)

113 Got it? Financial Pancakes are our future.

Posted by: toby928© presents at January 25, 2013 04:59 PM (QupBk)

114 #107 No, it shouldn't be a challenge for the preppers. A lot of people are not preppers though, especially lurkers that stop by.

It's a good exercise on how you can create foods out of unexpected combinations, and also a lesson in why, just maybe, you don't have as much food as you think you do.

Posted by: Miss Marple at January 25, 2013 04:59 PM (GoIUi)

115 #106 Yeah, it does suck. But if you know you can do it, at least you don't get too scared. Posted by: Miss Marple at January 25, 2013 08:57 PM (GoIUi) Yep, I have been comfortable and I have been poor. Lived in a toyota pickup once for about a month in san diego. You just do what you have to do. With kids? I'd prolly be a bit more aggressive and less carefree.

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 05:01 PM (l86i3)

116 So many of the people who attended my husband's open house tonight were not only clients, but fellow small business owner friends.

No one is feeling good about the next four years. No. One.

Posted by: Jane D'oh at January 25, 2013 05:02 PM (UOM48)

117 I'm preparing for poverty. Stole a roll of TP today from a public restroom. Husband was shocked, but I told him I don't wanna lose my touch.

Posted by: Justamom of the LiB camp at January 25, 2013 05:03 PM (Sptt8)

118 We still have coal, iron, minerals and farmland.

We're not going to let you mine any of it.

Posted by: the snotty hipsters at Crested Butte, CO at January 25, 2013 05:05 PM (QTHTd)

119 118 the snitty hipsters of crested Butts , CO,

We're gonna help you take up hang gliding....

//the we want to eat army

Posted by: sven10077 at January 25, 2013 05:06 PM (LRFds)

120 I'm preparing for poverty. Stole a roll of TP today from a public restroom. Husband was shocked, but I told him I don't wanna lose my touch. Posted by: Justamom of the LiB camp at January 25, 2013 09:03 PM (Sptt

LOL

Posted by: Oldsailors Poet, Author of Amy Lynn available on Amazon. http://tinyurl.com/ahc8poj at January 25, 2013 05:06 PM (l86i3)

121 Once more unto the recession, dear friends, once more;
Or close the wall up with our English dead economy.

Posted by: TheQuietMan at January 25, 2013 05:07 PM (aBeqG)

122 #106 Yeah, it does suck. But if you know you can do it, at least you don't get too scared.

I don't care what you say, I'm not driving a used Gremlin again.

Posted by: pep at January 25, 2013 05:08 PM (6TB1Z)

123 What's going with 1) Germany asking for her Gold back, and the Fed saying they can't have it for seven years, and 2) the SEC gagging Egan-Jones for 18 months? Any non-ZH tinted references?

Posted by: Jean at January 25, 2013 05:09 PM (uRbX6)

124 S-n-P just lowered IL's bond rating again making IL the worst rated state in the nation. Their outlook is negative too (duh).

CA could be heard cheering in the background "We ain't the worst anymore!"

Posted by: GnuBreed at January 25, 2013 05:09 PM (ccXZP)

125 Wow. I am not sure who I should be more sorrowful for .

OSP or Germany.

Posted by: Jimbo at January 25, 2013 05:14 PM (V70Uh)

126 As regards the USA, the fiat money is pretty much meaningless, at least for the time being. The Fed is printing it up out of thin air. $80+ billion a month last time I checked.

So, you tell me how this story will end. My guess is that it will all be okay until it isn't.

Posted by: navybrat at January 25, 2013 05:16 PM (hA3jD)

127 England is like the Cubs, stuck in the middle. Either go for the pennant or go into rebuild. Stop hiring free agent stop gaps with the intention of fooling the fan base.

Posted by: A-Hole at January 25, 2013 05:21 PM (2OS/f)

128 CA could be heard cheering in the background "We ain't the worst anymore!"
Posted by: GnuBreed

Not this Californian.

CA still has a bond rating below Zimbabwe.

Let that sink in.

Posted by: weft cut-loop [/i] [/b] at January 25, 2013 05:32 PM (xz0nG)

129 111 #106 Yeah, it does suck. But if you know you can do it, at least you don't get too scared. Posted by: Miss Marple at January 25, 2013 08:57 PM (GoIUi) People who have experienced poverty will definitely have an advantage over those who haven't, during a collapse. First, because they've learned to be resourceful; second, and probably more important, is the psychological edge. The Honey Boo Boos who have been living the good life on borrowed money will be in for a rude awakening. They may very well go to pieces, unable to cope. As for myself, I've never experienced poverty, but I've never lived beyond my means either. I'm not particularly resourceful, but I also don't have expensive tastes or a sense of entitlement. I guess I'm somewhere in the middle.

Posted by: rickl at January 25, 2013 05:40 PM (sdi6R)

130 122 I don't care what you say, I'm not driving a used Gremlin again. Posted by: pep at January 25, 2013 09:08 PM (6TB1Z) I drove a used Chevette for 12 years, and I'm into my 14th year with a used Corolla. Those are the only two cars I've owned since 1987.

Posted by: rickl at January 25, 2013 05:44 PM (sdi6R)

131 RE: surviving difficult times.
shorpy.com has depression era photos. Migrant camps, migrant workers, dust bowl farms buried in dust. When I look at them I don't think I could survive it even though I lived for a year in a broken down pickup truck in the Arizona desert.

Turns out Shorpy gets images from Library of Congress, Farm Security Adm archives. (http://www.loc.gov/pictures/collection/fsa/docchap3.html)

You look at those pictures and see real people living in difficult times, and then you see their kids who don't know how bad it is.

Then you look around, here and now, and see people who have no idea how bad it could get, and wouldn't put up with it if it did get that bad. They think you're crazy to even suggest it could happen again here.

Posted by: Skandia Recluse at January 25, 2013 05:57 PM (U2Zxc)

132 131 Skandia Recluse,

People under 30 have no idea from adults during the depression how bad it got.....

The boomers are the ultimate spenders.

Posted by: sven10077 at January 25, 2013 06:13 PM (LRFds)

133 England, isn't that the country that exiled Pierced Morgan.

Posted by: Bufalobob at January 25, 2013 06:36 PM (x+7qA)

134 While all facts are not yet known, one thing is clear.. The Euro acted stupidly

Posted by: Melodicmetal at January 25, 2013 06:55 PM (8Ahgw)

135

The left always claims that austerity is causing the EU recessions. Since we have gone the opposite way and our market has gone up for four years now, can anyone link good evidence that they are wrong? I mean besides the fact that Dems are always wrong.

It's not a bad thing to question our assumptions when they don't accurately predict (unless you are a global warmist).

Posted by: JustLikeDavidHasselhoff at January 25, 2013 07:39 PM (WYTHl)

136 If I had a van full of guns I could have sold every one.

Posted by: Jean at January 25, 2013 08:35 PM (DcbLC)

You could call Eric Holder's office. He might be able to help.

Posted by: JustLikeDavidHasselhoff at January 25, 2013 07:43 PM (WYTHl)

137

I loved the 70's. Good times. Many brain cells modified.
I wish I could get those 1976 interest rates on some CDs now.

Posted by: Bertram Cabot Jr. at January 25, 2013 08:04 PM (wUD5d)

138

What do you do when your thread is dead?

Posted by: Bertram Cabot Jr. at January 25, 2013 09:04 PM (wUD5d)

139 "back door access" ... is that like a "Philadelphia dump truck" ?

Posted by: Islamic Rage Boy at January 25, 2013 09:51 PM (e8kgV)

140 Re 135--read the links. The problem with Euro austerity is that government spending cuts were off the table--the austerity is increased taxes and tax collection to try to limit the deficit to EU targets. You know, the sort of balanced approach that Obama favors.

Japan, the U.S., and Europe are locked in a deadly game of debasement. What the stock market reflects is "hot money" trying to find best yields possible. Why this doesn't end well in economic utopia is that ultimately asset prices will reflect the real value of the good. There was even a tulip bulb asset craze, land speculation in the New World, the Tech stock boom, our continuing housing crisis, etc. The asset bubble that the central banks are now creating is a sovereign debt crisis. Right now, everyone still assumes that money has value and governments will repay their debts. What happens to an economy when people start demanding some insurance (re higher interest rates speeding govt default) for govt borrowing or they spend the money as fast as they get it because it has no value versus real items that you want (inflation). Witness our addiction to cheap Chinese goods at Wal Mart etc. We trade them paper, and they send us crappy goods.

At some point, money ceases to be a valid medium of exchange because no one will accept it. What happens then is most of your banks, most of your insurance, most of your brokers, go bankrupt and close.

You can easily find historical examples of the boom bust cycle and some pretty smart economic historians have derived the central causes of economic misery. The biggest is overspending by government. If we are lucky, the collapse of the developed world won't be synchronous which will result in Great Depression II. We ended that one with a massive world war.

Then, we might luck out like Argentina which has fallen from one of the richest countries in the world in early 1900's to the grinding poverty and permanent economic instability of today. BTW, Juan Peron and Obama have very similar outlooks on what government should do.

But there is hope, Germany's and Japan's economies were utterly destroyed in WWII and everyone was bankrupt. Germany suspended all economic regulations under Adenauer and the economy went into hyper drive. Japan had a similar rise. Even in the U.S., the Greatest Generation trained in a very hard school of knocks, made the U.S. economy roar. We can survive the coming crash but you need to prepare for it.

Posted by: wg at January 26, 2013 05:29 AM (vHbcb)

141 At what point do you guys notice that CONGRESS has a say on what stimulus programs can be used and what economic policies can be pursued? Obama tried pushing through a handful of jobs bills, especially one that would have helped get more veterans of our current wars off unemployment and into jobs, but Congress especially the GOP House refused to even look at them... because the GOP Congress openly wanted Obama to fail and allowed him no victories on job creation or economic stimulus. It's not all Obama's fault: yes there are some executive policy moves he could have done outside of congressional input that could have sped up our economic slog out of the 2007-08 recession; but Congress is responsible for passing bills focused on any economic recovery and jobs recovery. And it's not Obama's fault the UK is mired in a deeper recession. You might wanna point the blame at, oh, the guy living at 10 Downing Street.

Posted by: PaulW at January 26, 2013 06:29 AM (9BnEi)

142 Um, if there is no economic growth, jobs aren't going to be magically created for veterans. If it were that easy, they could magically be created for everyone, couldn't they? You are really stupid, aren't you, PaulW?

Posted by: ejo at January 26, 2013 10:00 AM (C/Spx)

143 We can blame John Kerry (Douchbag) on Vietnam....if we're playing the blame game.

Posted by: torabora at January 26, 2013 11:02 AM (VJeJd)

144 60 52 Adam Smith's Invisible Pimp Hand,

law of Macro Economics shit rolls uphill....

we're still the top dog....for about another 3 years worst case 15 best.

Posted by: sven10077 at January 25, 2013 08:41 PM (LRFds)

---------------------

Best looking horse in the glue factory though.

Posted by: torabora at January 26, 2013 11:08 AM (VJeJd)

145

as usual, the AOS comments are filled with the usual: Morons (real ones) trying to be witty with dumb, useless, pointless one-liners, or just trolls looking to muck things up. The Imbecile Chat Room.

Oh, did you see her tits?

Yes, mmmmmm.

Well, I grabbed a hamster by his tail yesterday and pretended it was Che Guevara's dick!

Hah! I'll bet you liked it!

Ace et al, so us a favor. Just scan thru them and hit delete on anything pointless and stupid as a matter of course. I could clean the nonsense off here in about 2 minutes.

Get some software where any comment zapped enough times gets the IP address blocked. Enough of this crap. No need for anything more subtle than an idiocy search and destroy, you're banned after 2-3 destroys in one comment thread.

Posted by: Landru at January 26, 2013 06:37 PM (Za6zA)

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