tag:blogger.com,1999:blog-8764541874043694159.post2979418121482859243..comments2024-03-29T10:48:38.142+00:00Comments on Coppola Comment: The problem with wordsFrances Coppolahttp://www.blogger.com/profile/09399390283774592713noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-8764541874043694159.post-48866199090318340382016-02-20T15:10:36.266+00:002016-02-20T15:10:36.266+00:00This comment has been removed by the author.The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-18211544916322995552016-02-20T12:59:01.348+00:002016-02-20T12:59:01.348+00:00Dork, "NO MORE" means what it says. I ha...Dork, "NO MORE" means what it says. I have deleted your last comment and will delete any more comments from you on this post. Frances Coppolahttps://www.blogger.com/profile/09399390283774592713noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-89113677982730352332016-02-20T09:17:46.422+00:002016-02-20T09:17:46.422+00:00Dork, NO MORE please. Get your own blog and stop g...Dork, NO MORE please. Get your own blog and stop grandstanding on mine.Frances Coppolahttps://www.blogger.com/profile/09399390283774592713noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-60765105983204462572016-02-20T01:05:24.055+00:002016-02-20T01:05:24.055+00:00Iberian electricity consumption growth highest in ...Iberian electricity consumption growth highest in Europe (Jan - Nov)<br />Portugal 6.2 %<br />Spain. 5.9 %<br /><br />UK: -2.8% <br />IEA.<br /><br />The cause of this is not really rocket science.....<br />The Spanish are certainly not consuming the stuff.<br />The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-43247727389140235682016-02-20T00:46:30.459+00:002016-02-20T00:46:30.459+00:00Spanish euro corporatists celebrate tourists eati...Spanish euro corporatists celebrate tourists eating their economic surplus.....(their free lunch)<br /><br />http://www.thelocal.es/20160129/record-tourism-boosts-spains-economic-recoveryThe dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-2720555805637715762016-02-20T00:31:01.822+00:002016-02-20T00:31:01.822+00:00The Spanish 2015 "recovery " of GDP.
Sim...The Spanish 2015 "recovery " of GDP.<br />Similar in some respects to the GDP recovery of 1918 & 1939.<br /><br />GDP measuring should be scrapped.<br />Or at least it should be seen as a sign of societal failure rather then success , a simple measure of waste production.<br /><br /><br />Deaths exceeded births by more than 19,000 in the first half of 2015, a turnaround from a year earlier when there were nearly 4,000 more births than deaths, the National Statistics Institute (INE) said.<br /><br />Spain has not consistently experienced more deaths than births since its 1936-39 civil war or the 1918 Spanish flu pandemic, according to news reports. Deaths briefly exceeded births in early 1999, but demographers considered that a blip while now they see it as the start of a longer trend.<br /><br />The INE predicted last year that a trend of more deaths than births would begin in 2015 and the gap would widen until 2062. It said the country's population, now numbering more than 46 million, would probably fall by more than a million in the next 15 years and by 5.6 million in the next 50 years.<br /><br />Spain's population has been shrinking since 2012 due to net migration as recession and high unemployment encouraged people to seek better prospects abroad. Demographers say the crossover of the birth and death rates could accelerate the decline.The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-1652809894352506502016-02-19T19:57:01.048+00:002016-02-19T19:57:01.048+00:00These absurd but true observations of the current ...These absurd but true observations of the current capitalistic system proves without a shadow of a doubt that we are not living in a feudal system , its something far worse.<br /><br />The feudal overlord (in the absence of usury ) generally made rational resource decisions as he had no freely transferable shares and the like.<br />He had skin in the actual long term physical management of the land.<br />He did not move peasants from one side of the estate to another so as to add to GDP via construction of more excess homes.<br />Sadly this absurdity is the Europe of today.<br />This cannot be denied.<br />It is observable reality .<br />The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-28496569775361716742016-02-19T19:33:47.724+00:002016-02-19T19:33:47.724+00:00Spanish cost of living (n rental payments) could b...Spanish cost of living (n rental payments) could be considerably reduced if empty housing units were simply transferred to young people.<br />People could then survive or indeed prosper on reduced cashflow.<br />No need to put population pressure on France or England.<br /><br />The credit banks books are simply a fraud , they do not reflect the physical reality .<br /><br />To base your policy in the real world on upsidedown money books is bloody crazy.The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-21367642099227979822016-02-19T19:09:59.179+00:002016-02-19T19:09:59.179+00:00@Jon
I work on the Jesus rather then Minsky princi...@Jon<br />I work on the Jesus rather then Minsky principle.<br />If something is in surplus you give it away.<br />Double entry money is a fraud .<br /><br />Simply observe Wray or Ives getting their knickers in a twist about free lunches.<br />Money is always there to subtract at a moments notice from their centralized throne.<br />Its a power kick .<br /><br />PS fair kop - I spotted that now.<br />I guess I have still this notion of the French peasant who engages in any and all types of frugality to avoid private debt.<br />We are all Americans now.<br />Coke is now cheaper then table wine etc etc.The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-37622539916158931292016-02-19T19:01:18.241+00:002016-02-19T19:01:18.241+00:00http://www.tradingeconomics.com/france/populationhttp://www.tradingeconomics.com/france/populationThe dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-9639114652462830302016-02-19T18:59:07.459+00:002016-02-19T18:59:07.459+00:00Not really. The French numbers are stated in mil...Not really. The French numbers are stated in millions of euros and the Spanish numbers in thousands of euros.<br /><br />The French numbers continue to rise, while the Spanish numbers peaked in 2008 and are now in decline.<br /><br />So what else would you expect? Spain went through a very nasty Minsky Moment and is still busy deleveraging. France escaped the worst of the housing bubble and so has much less deleveraging to do.jon liveseynoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-13005971715495357262016-02-19T18:57:31.267+00:002016-02-19T18:57:31.267+00:00Try to get your heads around this.
The French popu...Try to get your heads around this.<br />The French population continues to explode while the Spanish population continues to contract.<br />All to preserve the holiness of private debt contracts.<br /><br />They continue to build houses in France while houses remain empty in Spain.<br />How can you build or maintain a civilization under such absurd foundations ????<br />http://www.tradingeconomics.com/spain/population<br /><br /><br /><br />The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-59388966643352478662016-02-19T18:22:31.129+00:002016-02-19T18:22:31.129+00:00http://www.tradingeconomics.com/spain/consumer-cre...http://www.tradingeconomics.com/spain/consumer-credit<br /><br />http://www.tradingeconomics.com/france/consumer-credit<br /><br />Spanish consumer credit is a order of magnitude or more above French debt but certainly what radicalised my opinions back in the day was the degree of money distortions to preserve private debt agreements.<br /> Instead of engaging in property distribution with the transfer of deposits out of banks and into post banks they have decided to destroy civilization .<br /><br />This is mind blowing .The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-55916656564914221562016-02-19T18:02:24.717+00:002016-02-19T18:02:24.717+00:00Things become more obvious when looking at consume...Things become more obvious when looking at consumer credit.<br /><br />French consumer credit just keeps growing .<br />While Spanish consumer credit just keeps declining .<br /><br />Irish numbers are of course more dramatic but to observe the mayhem between the Breche de Roland makes the dynamic very very clear.<br /><br /><br /><br />The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-43606883083383679972016-02-19T17:36:56.231+00:002016-02-19T17:36:56.231+00:00http://www.tradingeconomics.com/france/money-suppl...http://www.tradingeconomics.com/france/money-supply-m3<br /><br />A crisis moment in 2009 ~ but it has resumed its increase<br />In contrast Spanish M3 is more or less static <br />http://www.tradingeconomics.com/spain/money-supply-m3<br /><br />This strikes me as typical pointless and fruitless (for most) capitalistic centralization.<br />The amount of energy lost in "free trade" (see forced trade) is gigantic.<br />The dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-10012332220061976942016-02-19T17:23:25.223+00:002016-02-19T17:23:25.223+00:00Your ability to buy stuff on the world market is n...Your ability to buy stuff on the world market is not just determined by its strength.<br />Of course it is multiplied by the quantity of money produced .<br />Thus both Sterling UK and euro France can strip the periphery of resources , using the colony of Germany as their manufacturing zone.<br />Not that it does the residents of these core countries any good.<br />Typically the peripheral population flood into the core and reduce energy con summed per capita simply because that is where the money is (not local resources)cThe dork of corkhttps://www.blogger.com/profile/01169780628052433662noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-653054580103572842016-02-19T08:31:06.354+00:002016-02-19T08:31:06.354+00:00I must add a link to Andrew's post.I must add a link to Andrew's post. Frances Coppolahttps://www.blogger.com/profile/09399390283774592713noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-12936266458145523332016-02-19T07:48:20.514+00:002016-02-19T07:48:20.514+00:00Yeah, cosign with Andrew Lainton.
David Glasner w...Yeah, cosign with Andrew Lainton.<br /><br />David Glasner was always right--so far as it went. If you devalue with an eye towards competitiveness, and the climate is of monetary expansion, then yes--free lunch. The issue with Glasner's position was always in the narrowness of what he believes was worth talking about. In reality, there is massive political pressure from institutional actors in power to prevent such a policy, and a devaluation + monetary expansion only really happens in extreme crisis (oh, and hegemon too busy with own problems to retaliate). You know, 'cause guys brave as Korekiyo Takahashi usually have Very Bad Things happen to them. Thus, to describe a policy like that as generating a "free lunch" is being very provincially obtuse.shah8https://www.blogger.com/profile/04537529816304128000noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-76685188143861826572016-02-19T05:32:42.346+00:002016-02-19T05:32:42.346+00:00Oh god, this just makes me absolutely shrill.
A f...Oh god, this just makes me absolutely shrill.<br /><br />A free lunch in the sense that David Glasner is trying to define does not actually exist.<br /><br />ok?<br /><br />David Glasner is confusing the monetary standard of the gold standard (in particular the systematic behavior of said gold standard as actually existed) with gold as a unit currency. What happened such as what Hawtry was talking about, is about the system, and not an atomized gold coin in the hands of buyers, sellers, and banks. In effect, the "free lunch" is about a transfer of power, either within a country (say workers strong, import-export business strong, heavy industry strong, whatever, vs some other aspect of society weak), or as a matter of geopolitics. US strong, France opportunistic, Britain weak, or whatever. A competitive devaluation is usually an indication of a political order's ability to sustain itself (by transferring assets to the processes that makes it go) has faltered or fallen apart. Even though that's not economic, it dang sure has economic implications.shah8https://www.blogger.com/profile/04537529816304128000noreply@blogger.com