Graphically, this IS as bad as 1929

michaels

I do wonder tho whether the basket tends to lag in times of economic uncertainty and what impact this has - for example in times of uncertainty durable goods purchases may be cut right back and the fall in demand lead to major discounting - the inflation figure based on a basket that included the boom time level of durable goods purchases will fall much more than the 'current' basket?

nearlynew

michaels wrote: »

I do wonder tho whether the basket tends to lag in times of economic uncertainty and what impact this has - for example in times of uncertainty durable goods purchases may be cut right back and the fall in demand lead to major discounting - the inflation figure based on a basket that included the boom time level of durable goods purchases will fall much more than the 'current' basket?

This is the "substitution" that chris martenson speaks of in the link I posted above.

michaels

Thanks - my bad - often don't follow the links from this board as they often go to some very 'tin hat' places...

nearlynew wrote: »

This is the "substitution" that chris martenson speaks of in the link I posted above.

nearlynew

Some may think that Cris Martenson's "crash course" is a bit tin hattish.

Although it has its critics, it is very educational and the whole series is well worth watching before you make up your mind.

http://www.chrismartenson.com/crashcourse

PasturesNew

nearlynew wrote: »

Some may think that Cris Martenson's "crash course" is a bit tin hattish.

Although it has its critics, it is very educational and the whole series is well worth watching before you make up your mind.

http://www.chrismartenson.com/crashcourse

Thanks, but it's Saturday night, I am stuffed full of cheap indian biryani and chips ... and really can't commit to over 3 hours right now.

ceridwen

Not cold baked beans then Pastures? - as per the typical unemployed persons diet as you mentioned in an earlier post today?;):D

Oooh....go on Pastures...give it a watch sometime and then your considered opinion on it. Come to think of it - I really should give it a considered "watch" myself at some point - as I seem to recall I mighta given a link to it on my "chez ceridwen" blog somewheres - at the point at which I was giving a couple of useful economics links that those in theTransition Movement might like to see....:D

PasturesNew

ceridwen wrote: »

Not cold baked beans then Pastures? - as per the typical unemployed persons diet as you mentioned in an earlier post today?;):D

Oooh....go on Pastures...give it a watch sometime and then your considered opinion on it. Come to think of it - I really should give it a considered "watch" myself at some point - as I seem to recall I mighta given a link to it on my "chez ceridwen" blog somewheres - at the point at which I was giving a couple of useful economics links that those in theTransition Movement might like to see....:D

I'm not unemployed, I just live as if I were

I've spent the day setting up a bulk mailer on one of my servers, so I can finally email my 20,000 website members (never got round to it before), so after 12 hours of that, I deserved a treat

I also wrote half a book, that will end up being in 3 parts it got so huge ... showing people step by step how they can get extra pennies from google with just 10 minutes of work that costs them nothing. That's what I do, spot opportunities.

bluey890

PasturesNew wrote: »

I'm not unemployed, I just live as if I were

I've spent the day setting up a bulk mailer on one of my servers, so I can finally email my 20,000 website members (never got round to it before), so after 12 hours of that, I deserved a treat

I also wrote half a book, that will end up being in 3 parts it got so huge ... showing people step by step how they can get extra pennies from google with just 10 minutes of work that costs them nothing. That's what I do, spot opportunities.

And very successful you are too...

PasturesNew

bluey890 wrote: »

and very successful you are too...
http://homebusinesssecrets.winweb.com/news.php?rfname=pastures&rlname=new

shhh!!!!!
----

fc123

bluey890 wrote: »

And very successful you are too...

Hey...looks fascinating...I was mouth open wide during the vid.

Put me down for google optimising and a new website please.