Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Stock Market Crash! (merged) Pt. 5

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 5

Unread postby vtsnowedin » Tue 12 Mar 2019, 02:02:37

Yoshua wrote:The Fed and the ECB are the best money making machines ever created. Despite all the money printing, we are living in inflation nirvana. Only asset prices have experienced inflation.
What prices are "non assets" and which ones have not seen some inflation? Bought any food lately? paid a plumber or doctor's bill?
Ask your mom how much it costs to keep your basement room cozy.
User avatar
vtsnowedin
Fission
Fission
 
Posts: 9770
Joined: Fri 11 Jul 2008, 02:00:00

Re: Stock Market Crash! (merged) Pt. 5

Unread postby marmico » Tue 12 Mar 2019, 03:17:58

Ask your mom how much it costs to keep your basement room cozy.


Yoshua's mom didn't have to spend much money on his toys and the basement TV. :)

Image
marmico
Tar Sands
Tar Sands
 
Posts: 935
Joined: Mon 28 Jul 2014, 13:46:35

Re: Stock Market Crash! (merged) Pt. 5

Unread postby vtsnowedin » Tue 12 Mar 2019, 07:03:02

Yoshua's mom didn't have to spend much money on his toys and the basement TV.

Yes but she is still paying off his college and books, has him on her healthcare plan and look at the cost of heating oil keeping that furnace next to his bed humming.
https://www.nasdaq.com/markets/heating- ... meframe=3y :)
User avatar
vtsnowedin
Fission
Fission
 
Posts: 9770
Joined: Fri 11 Jul 2008, 02:00:00

Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 12 Mar 2019, 07:52:03

asg70 wrote:Armageddon, this thread is not your personal twitter page. Please slow it down.




These facts are starting to worry you, huh?
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 4701
Joined: Wed 13 Apr 2005, 02:00:00
Location: St.Louis, Mo

Re: Stock Market Crash! (merged) Pt. 5

Unread postby marmico » Tue 12 Mar 2019, 08:11:38

These facts are starting to worry you, huh?


The closest 5 year anniversary post on this blog I can search is this from April 24, 2014:

post1191033.html#p1191033

Michael Ruppert taught you everything you need to know about peak oil, did he? You are an effing retard.
marmico
Tar Sands
Tar Sands
 
Posts: 935
Joined: Mon 28 Jul 2014, 13:46:35

Re: Stock Market Crash! (merged) Pt. 5

Unread postby shortonoil » Tue 12 Mar 2019, 09:53:09

U.S. debt-to-GDP is poised to surpass the record levels reached in 1946 in the aftermath of mass spending to fund the war.

From 2020 to 2029, the nation is expected to spend $7 trillion on interest expenses alone!


The world is now spending 14% of its GDP on debt service alone. Since nothing is being paid on the principle, and GDP growth is none existent, by 2030 it will be 50%. Try explaining what that means to this batch of illiterate bamboos. You will have to get past their 1,2,3, many barrier first.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 5889
Joined: Thu 02 Dec 2004, 03:00:00
Location: VA USA

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 10:41:46

Armageddon wrote:
asg70 wrote:Armageddon, this thread is not your personal twitter page. Please slow it down.

These facts are starting to worry you, huh?


That has nothing to do with it. Nobody should be allowed to do 3-4+ machine-gun posts in a row. It's spamming behavior and the mods should crack down on it. You want to do a daily doom update, be my guest, but cluster it into one post. Don't just camp out here and shit all over this thread with your hysterics 24/7.
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 10:44:03

Hello, I'm Armageddon and I feel entitled to drop a pellet of shit in this thread every 5 minutes. Not scared yet? Wait a few minutes and refresh your browser and I will try again.

[INSERT ZEROHEDGE link (or just article title)]
Last edited by asg70 on Tue 12 Mar 2019, 10:46:51, edited 1 time in total.
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 10:46:20

Hello, I'm Armageddon and I feel entitled to drop a pellet of shit in this thread every 5 minutes. STILL not scared yet? Wait a few minutes and refresh your browser and I will try again.

[INSERT ZEROHEDGE link (or just article title)]

See what I mean? It's f*cking annoying.

Image
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 10:50:12

Hello, I'm Armageddon and I feel entitled to drop a pellet of shit in this thread every 5 minutes. STILL scared yet?????? Wait a few minutes and refresh your browser and I will try again.

[INSERT ZEROHEDGE link (or just article title)]

Image
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 10:52:20

ARE YOU SCARED YET????

PAY ATTENTION TO ME DAMMIT!!!

Image
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 12 Mar 2019, 11:50:30

When I can’t handle the message, I attack the messenger.


Sincerely,
Forum idiots
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 4701
Joined: Wed 13 Apr 2005, 02:00:00
Location: St.Louis, Mo

Re: Stock Market Crash! (merged) Pt. 5

Unread postby shortonoil » Tue 12 Mar 2019, 12:18:52

China Scrambles To Defuse $6 Trillion "Hidden Debt Bomb" With "Titanic Credit Risk"

The Chinese credit situation is likely much worse than generally accepted. The Chinese have a habit of cheating. One area were cheating is common among businesses is on their depreciation schedules. Shale companies have been doing it for years by claiming 30 year life expectancies on wells with 5 year production lives. No one knows exactly how fast most assets actually depreciate, so most firms use the standard allowable IRS depreciation rates. For China, where the quality of almost everything they produce, form electronic components to heavy equipment is very poor, the use of standard depreciate schedules would over estimate their assets by $trillions.
Image
https://www.zerohedge.com/news/2019-03- ... redit-risk
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 5889
Joined: Thu 02 Dec 2004, 03:00:00
Location: VA USA

Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 12 Mar 2019, 12:41:58

marmico wrote:
These facts are starting to worry you, huh?


The closest 5 year anniversary post on this blog I can search is this from April 24, 2014:

post1191033.html#p1191033

Michael Ruppert taught you everything you need to know about peak oil, did he? You are an effing retard.




I said MR was the person responsible for introducing me to PO. I accidentally heard an interview by him back in 06. Nice try though truth spinner


It’s funny how upset people get when they are presented facts and they don’t agree with them. Instead of refuting the facts, they throw temper tantrums.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 4701
Joined: Wed 13 Apr 2005, 02:00:00
Location: St.Louis, Mo

Re: Stock Market Crash! (merged) Pt. 5

Unread postby shortonoil » Tue 12 Mar 2019, 15:36:10

You are an effing retard


Did you get your Hersey's bar mixed up with the Ex Lax, and excret what remained of your rudimentary intelligence.

https://www.marketwatch.com/story/eia-t ... arketPulse)

The U.S. Energy Information Administration trimmed its forecasts for U.S. crude production for this year and next and lifted its 2019 forecasts for U.S. and global benchmark oil prices, according to its Short-term Energy Outlook report released Tuesday.


It is amazing that the EIA doesn't realize that the Shale patch can not possibly make up for its 1.43 mb/d 2018 legacy decline in 2019; or the 4 mb/d from all sources. Then again maybe they don't want to be seen as the ones responsible for declaring the Peak. This is a political hot potato. The whole economy is riding on it. Unless they fudge their number, which is very doubtful, they will have to admit it in 2020.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 5889
Joined: Thu 02 Dec 2004, 03:00:00
Location: VA USA

Re: Stock Market Crash! (merged) Pt. 5

Unread postby marmico » Tue 12 Mar 2019, 16:08:55

The ETP Bozo is the only effing retard in the world who knows how an oil well (Hershey Bar) drilled in 2007 in Oklahoma determines the energy efficiency of a refinery (Ex-Lax) in Singapore in 2019.
marmico
Tar Sands
Tar Sands
 
Posts: 935
Joined: Mon 28 Jul 2014, 13:46:35

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 12 Mar 2019, 16:16:17

pstarr wrote:Sincerely,each consuming unwarranted bandwidth and precious fossils fuel with nasty art. A real loser


You're not one to school anyone on netiquette. How was your temporary ban?
Last edited by asg70 on Tue 12 Mar 2019, 17:18:47, edited 1 time in total.
EXTREME PREDICTION LEADERBOARD
"this is peak now. Wanna bet? The Real Pain starts . . . now." (11/21/18)" --pstarr
"$0/barrel soon as per etp." (12/30/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!!!
asg70
Intermediate Crude
Intermediate Crude
 
Posts: 2410
Joined: Sun 05 Feb 2017, 13:17:28

Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 12 Mar 2019, 16:37:20

This is normal? Companies, governments and households increased their combined debt load by 50 percent in the 10 years following the financial crisis, S&P Global Ratings said Tuesday.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 4701
Joined: Wed 13 Apr 2005, 02:00:00
Location: St.Louis, Mo

Re: Stock Market Crash! (merged) Pt. 5

Unread postby careinke » Tue 12 Mar 2019, 17:40:02

asg70 wrote:
Armageddon wrote:
asg70 wrote:Armageddon, this thread is not your personal twitter page. Please slow it down.

These facts are starting to worry you, huh?


That has nothing to do with it. Nobody should be allowed to do 3-4+ machine-gun posts in a row. It's spamming behavior and the mods should crack down on it. You want to do a daily doom update, be my guest, but cluster it into one post. Don't just camp out here and shit all over this thread with your hysterics 24/7.


I kind of like it. Keeps the various subjects separated.
Cliff (Start a rEVOLution, grow a garden)
User avatar
careinke
Intermediate Crude
Intermediate Crude
 
Posts: 3609
Joined: Mon 01 Jan 2007, 03:00:00
Location: Pacific Northwest

PreviousNext

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 12 guests