Wednesday, December 21, 2011

Please Lie to Me

I say "the numbers tell us" because I've become very sensitive to the impact this kind of statement has on people. When I warned about the impending bankruptcy of General Motors in 2006 and 2007, readers actually blamed me for the company's problems – as if my warnings to the public were the real problem, rather than GM's $400 billion in debt.

The claim was absurd. But the resentment my work engendered was real.

So please... before you read this issue, which makes several arresting claims about the future of our country... understand I am only writing about the facts as I find them today. I am only drawing conclusions based on the situation as it stands. I am not saying that these conditions can't improve. Or that they won't improve.

Foolish man, doesn't he know the way to get ahead is to tell the aging gray hairs what they want to hear?


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5 comments:

  1. Aurini8:12 AM

    What really struck me about this essay, is that over - what, ten pages? - he only had the space to highlight a couple of the problems we're dealing with in the modern-day West.

    He didn't have room for feminism, the degrading culture, the atomization of the individual, nitpicky "drugs and speed limit" policing, narcissism, or anything else.

    That bit about guns is hopeful, though.

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  2. Anonymous9:34 AM

    Hey cappy,
    The ECB Just printed 500 billion euros.
    Thus inflating our money supply with ~4 trillion euros.

    Whaddya guess that does for our inflation? lolz.

    Support the party, EURSSSR forever, united with the printing press we stand, divided by inflation we fall. lulz.

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  3. Izanpo6:47 PM

    We need more Cappy Cap merchandise!

    How about a raglan baseball t-shirt reading "Enjoy the Decline!" with an image of Cappy in a Lazy-E-Boy recliner, smoking a stogie, throwing back a bottle of Rumpie and playing XBox?

    Or a shirt with Mr. T on the front saying, "I pity da foo who get a BA in puppetry!"

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  4. Anonymous7:02 PM

    http://www.stansberryresearch.com/pro/1011PSISBBVD/WPSIMC23/PR

    Every European should watch this, with the printing press at full blast this is already happening at an alarming rate.

    Personally I'd expect ~25% inflation within the next 6 months. This is a guesstimate based on ECB lending history, and the inflation spikes it's caused. See for the inflation spikes:
    And for the ECB Lending history, check the ECB reports.

    http://www.bundesbank.de/10jahreeuro/images/grafik3_2.en.png
    https://it.wikipedia.org/wiki/File:M3-Euro-money-supply.jpg

    "Percieved inflation" Seems to corresponds rather well to an increase in the money supply. I'll be damned if wisdom of the crowds is true for the euro inflation, after all you can't mess with every statistic.

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  5. Anonymous7:42 PM

    Also, the advice to buy gold is fucking bogus, even corrected for inflation gold is overvalued.
    Platinum on the other hand is near it's mean average on a 10 year basis. And it's not like industry in China will suddenly cease to be, thus i expect platinum to be a valid way to hedge against euro inflation.

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