Friday, September 18, 2015

risk

behold the turtle, he only makes progress when he sticks his neck out.

this morning i stuck my neck out and wrote a post on syrian refugees. after an hour or so i decided progress was over rated so i deleted my thoughts on syria and pulled my head back into my shell. so it goes. as for syria and the european dilemma, i'm just glad that i live on the other side of the planet. it seems like a very difficult situation with no obvious solution. and i just can't figure out why germany is taking in 800,000 mostly muslim syrians. but those fucking germans aren't stupid so they must have a plan.

my current adventure is a new receiver. well it's not new, i bought it used but it's a new toy for me to play with once i find a good samaritan to hook it up. it's an older 7.1 pioneer elite with an honest 140 watts per channel. all the newer receivers are now "network" and 9.2 or 11.2 channels and don't even get me started about atmos. far too complicated for me. i just want something good and powerful so i can listen to music at a very low level and "feel" the music. it's quite ironic that in order to appreciate music at a low volume you need lots of power. as a younger man i always associated powerful amps with loud music. live and learn.

if and when i find a good samaritan to hook it up for me, this is the song i want to hear first:

i love you sons of bitches.

17 comments:

Mr. Shife said...

Good luck in finding that good samaritan. I'm sure you will be successful in no time, and I must say that you have made an excellent choice for your first song. Take care, BP.

billy pilgrim said...

thank you for your continued support mr shife. i was tempted to hook it up myself but after 5 minutes reading the manual, i decided to wait for help to arrive.

Gorilla Bananas said...

Don't assume the Germans know what they're doing. Frau Merkel feels the weight of history on her and has an emotional need to be the opposite of Adolf.

Is the receiver you've got a radio? I thought everyone was buying digital radios these days because of the superior sound quality.

thimscool said...

I'm with GB on this one... the Frau is an East German with no kids, and therefore well suited to her roll in emanating the zeitgeist: Germany has an aging population in need of fresh workers to pay into their pension system.

Here come the "refugees", mostly young men, lusting for the bounty that they will happily deliver to der stadt. And you, with your dirty racist mind, immediately start to think I meant they would rape the young German ladies... that would never happen. Frau Merkel sees right through your blatant Nazi posturing.

billy pilgrim said...

gb - underestimating the germans has resulted in a few problems in the past. maybe it's a case of "the enemy of my enemy is my friend". with my tongue in my cheek i'm referring to jews.

thims - i'm familiar with the german demographic dilema but historically muslim refugees haven't shared the northern european work ethic. unemployment rates among muslims in europe have been sky high and by bringing in large groups, the chances of assimilation are next to zero. not to be a pessimist but being unstuck in time, i have seen the increasing number of ghettos in the not too distant future.

but what the hell, i also see some sweet music in my not to distant future.

BBC said...

Maybe the Germans figure they will be easier to kill on their own turf.

billy pilgrim said...

i think the germans were running out of cannon fodder and unskilled workers to take the grunt jobs.

thimscool said...

Alternately, they were too cheap to pay the wages their own people would demand, so they saddle them with new neighbors, and tell them to play nice. Just another way that they 1% is setting themselves up for savage retribution. It's like they think folks won't connect the dots once they get their hate on.

Saxon, bloody Saxon... this ain't gonna be pretty when the other shoe drops.

thimscool said...

The Greeks seem to have made paid on their threat to flood the EU with refugees...

billy pilgrim said...

and putin spits on obumble's red line every morning just to show he can.

thimscool said...

Pilgrim what is your take on the inelasticity of wages (and taxes) in a deflationary environment? Perhaps naively, I suspect in spite of even widespread unemployment, that there is a shallow floor to wage rates, especially in countries that provide extended unemployement benefits and other poverty disguising mechanisms. Moreover, such a floor, as long as it can be maintained, will determine the capacity of deflation in all other commodities and manufactured goods. In other words, I suspect that service is ultimately in command of our modern economy, for better or worse. They may be lulled to sleep by the NFL and hot pockets, but they have to work, and they have to buy, for the system to remotely function in the current form.

I'm interested because of the relative importance of wages and taxes to the production cost of mines compared to, say, oil production or agriculture. I asked the folks at illuminati silver, but they took a pass.

Thanks for whatever wisdom you can shed.

BBC said...

The ones with the guns will rule.

billy pilgrim said...

thims - wow, i really didn't want to wake up and face the reality (or fantasy, depending on how you feel) of our economic situation.

as for deflation, our entire economy is based on growth and i don't think we've advanced enough as a species to deal with shrinking economies and equitable distribution of wealth. as long as o'bumble keeps printing money, quantitative easing, things will chug along. (europe and asia are also printing money like crazy.)

you can look at it several different ways but here's my credo and i think it's also the king's credo:

what's better than having a bunch of money?

answer: not needing a bunch of money.

in other words, get off the treadmill of unnecessary spending and simplify your life.


back to your question, commodities are a cyclical sector and they're in the crapper after one of the longest bull runs for commodities in history, "the super cycle". things will pick up again after the big shakeout.

if you have an adviser who says, it's different this time. fire him.

thimscool said...

But I need a new roof.

billy pilgrim said...

i'm pretty sure the king could solve your roof problem with a roll of duct tape and a can of wd-40.

Snowbrush said...

“i just can't figure out why germany is taking in 800,000 mostly muslim syrians.”

Guilty conscience, maybe? If were a German, I would just shit to think of having my country overrun by Middle Eastern Moslems who didn’t share my values.

billy pilgrim said...

snow - think there may be some cracks in the german armor with volkswagen in trouble, the deutsche bank drowning in 75 trillion dollars worth of derivatives and declining demographics. but history tells us to never underestimate the germans.