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PeakOil is You

PeakOil is You

The time .... has arrived.

Discussions about the economic and financial ramifications of PEAK OIL

Re: The time .... has arrived.

Unread postby Plantagenet » Wed 05 Dec 2018, 18:28:03

Outcast_Searcher wrote:....the random stuff you post and claim....


???????

You're the one who messed up.

You tried to argue that GDP is continuing to grow right now in Japan and Germany by linking to out-of-date data in an old news article. Well.....it isn't. Thats just reality.

Get a clue, man--- you made a mistake. Its no big deal. Everyone makes mistakes. You can't look at old data to determine what is going on now and what is likely to occur in the future. You have to look at the most recent data to understand what is happening right now. AND the most recent data shows that rather then growing, as you claim, GDP fell in both Japan and Germany during the third quarter of 2018.

We'll have to see what happens in the fourth quarter, but IMHO the drops in GDP in the third quarter in both Japan AND Germany are worth keeping an eye on.

Cheers!
"Its a brave new world"
---President Obama, 4/25/16
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Re: The time .... has arrived.

Unread postby EdwinSm » Thu 06 Dec 2018, 05:48:46

By itself Tuesday's fall in stock markets does not signify much, but behind the scenes there seems to be growing fear.

BBC wrote:Analysts said the trigger for Tuesday's falls appeared to be concerns about the "yield curve", which measures the difference between the interest rates paid on short-term and long-term US bonds.

The gap has narrowed in recent months, as investors demand higher rates of return on short-term debt in anticipation of inflation and rate rises.

At the same time, they are accepting relatively lower rates on long-term debt, in anticipation of limited inflation and slower economic growth over the next decade.

The difference between the rates on three-year and five-year debt disappeared on Monday.

The move fuelled concerns on Tuesday that the same might happen to the gap between two-year and 10-year bonds - a more significant indicator.

Historically, when short-term rates rise above longer rates, it signals a recession may be on the horizon.

https://www.bbc.com/news/business-46445913

It would be good to stock up on pop-corn (for storage, as it will keep for some time), but as the language in the quote is tentative maybe it is not yet the time to stock up on butter to melt over the pop-corn.
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Re: The time .... has arrived.

Unread postby Outcast_Searcher » Thu 06 Dec 2018, 16:55:58

Plantagenet wrote:
Outcast_Searcher wrote:....the random stuff you post and claim....


???????

You're the one who messed up.

Cheers!

Let's pretend the history of this site rests on one post. :roll:

Let's also claim you never post stuff where you take quotes out of content, are biased in political content, or make bizarre claims about things like how EV's cause cancer, despite all the evidence to the contrary. Sure.

Yes. I did mess up. Unlike you (well over 90% of the time), when I mess up, I admit it. However, instead of just saying you were wrong this time in my initial post, I asked you to source your data -- since I saw that my quick search resulted in mostly 2Q data.

Sheesh.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: The time .... has arrived.

Unread postby asg70 » Thu 06 Dec 2018, 19:29:45

Image
"this is peak now. Wanna bet? The Real Pain starts . . . now. (11/21/18)" --pstarr
ATTN: SHORT LOST A BET AND WON'T EVEN ADMIT HE MADE ONE. HE SHOULD NOT BE WELCOME HERE!
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Re: The time .... has arrived.

Unread postby Plantagenet » Fri 07 Dec 2018, 16:55:53

Outcast_Searcher wrote:Yes. I did mess up.


Thank you.

Its no big deal. Everybody messes up sometimes.

Now lets all stop caterwauling about other posters, and lets get back to the topics of the interesting discussions at this site.

It will much nicer here if people talk about the topics instead of bashing other posters.

It will also be more informative, more interesting, and more efficient.

It will be better in every way.

Here.....I'll go first. Here's an interesting bit of news relevant to this topic ....

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

Stocks plunge again---down 558 points...wipe out all 2018 gains.

stock-market-dow-fall-558

Experience shows that plunges in the stock market often precede slowdowns and recessions in the economy.

I'm looking for a US and global recession in late 2019.....just in time for the 2020 election season.

Cheers!
"Its a brave new world"
---President Obama, 4/25/16
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Re: The time .... has arrived.

Unread postby copious.abundance » Fri 07 Dec 2018, 20:19:11

As to demonstrate just how dead this forum is ... if I had started this thread 5 years ago, it would already have been 10 pages and a dozen people would have said, "OMG copious is getting bearish! Head for the hills!" :lol: Now it's barely 2 pages and the biggest thing going on in it are 2 people arguing with each other over something not even having much to do with the original topic.
Stuff for doomers to contemplate:
http://peakoil.com/forums/post1190117.html#p1190117
http://peakoil.com/forums/post1193930.html#p1193930
http://peakoil.com/forums/post1206767.html#p1206767
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