Generational Dynamics Forum - New Site

OLD1953 wrote:It's always worth keeping in mind that a large percentage of the grain supply is eaten or spoiled by vermin each year.

Who u calling vermin ?

In David Hackett Fischer's "The Great Wave" which tracks food & commodities prices from the 14th Century to the end of the 20th, he talks about as the population growth it puts more pressure on the available land. The people attempt to cultivate more and more marginal land which is not as productive...

... Given that a derivative is a real liability for one party and an equal asset for another, there is no real net wealth produced when the price changes. It is just transferring wealth from one party to another. ... The wealth is "created or destroyed" as the derivative fluctuates between it's not...

I think I understand. Imagine a brand new bank with just 2 customers, A and B. Customer A deposits $100,000 into his new savings account and the bank then loans $90,000 to Customer B, who then takes out the $90,000 in cash. Now both customer A's demand deposit savings account of $100,000 and the $9...

When governments get to where their deficit is 40% of spending they usually only have a few years left before they get hyperinflation. Japan was unusual in that the local population had a very high savings rate and was loaning their money to the government. Nobody else has ever lasted anything like...

Defaulting to non-voting foreigners can help your local economy, you get ride of a debt burden. However, Japan owes this debt to their own citizens, including the ones that are retiring. Defaulting to your own retiring voters, who you need to take care of anyway, does not provide any gain to the lo...

The Treasury is borrowing an extra $1.5 trillion per year. Do you really think people/companies are paying down more than $1.5 trillion in debt per year? In this economy? Reports are there is an "issuance surge" as companies want to take advantage of the crazies loaning money at near 0% (largely th...

Thanks for your lovely Bible lesson. As a Christian, I'm fully embarrassed to use the term such is its chronic misuse by so-called modern "christians" more accurately labeled followers of "churchianity" (IIRC coined by the great religious author and Christian Michael Hoffman). Readers may be furthe...

... So yes, as this continues, productivity gains (in real terms, goodness knows what the government will cook up for reporting that 'everythign's fine, no problems here') will decline or even reverse. There's only so much you can get out of a human worker (or even a robot), and when you push that ...

...Historians generally regard Mohammed himself as someone who never used violence unnecessarily, although he was harsh with people who defamed or mocked Islam. And Mohammed held Jews and Christians in high esteem, not as "infidels" to be killed. All the "teachings of Islam" that talk about killing...