"This time is different" - Rogoff & Reinhart

If you stopped watching videos, you might learn something.

I know Americans don't generally understand irony, but this thread is about a book, that I have read, and you have not.

it contains a 1 hour 10 minute (live) presentation given by a profoundly successful asset manager on his 3rd appearance at the http://americatalyst.com conference, as the world edges closer to his calls day by day, and an ex member of the IMF who slowly and inexorably edges towards Kyles world views day by day.

the video is on topic. you, are not.

but it must be nice to know everything already
 
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To repeat, videos take too long to impart their information. To understand this, find a song whose lyrics you REALLY like. Now tell someone else, "This song has GREAT lyrics!" and play it for them. The interminable gaps between the words, the choruses that just repeat lyrics, and other elements of pop music will drive you nuts as you wait for your friend to absorb the content of the lyrics.

Not that I don't think it's possible for lyrics to be powerful. But they, like videos, have a habit of unfolding quite slowly in comparison to how fast someone can read text.

In the case of youtube education, it is also easier to pull the wool over someone's eyes with clever editing. Loose Change is a great example of this. If you turn off your brain and watch it, it can be quite convincing. It's only when you start to think about it that you realize it's a bunch of hooey.

Sorry, but like Scrut, I am not impressed by a bunch of youtube links which are presented as arguments. If the arguments are so damned good, paraphrase them in text for us.
 
the Kyle Bass video I posted is not edited, it is a live conversation at a conference, for an hour and ten minutes.

lots of people paid good money to attend the conference to hear him speak.

I understand your reticence, what with your 911 experiences, but I do not link to loose change type videos.

if you and Scroat cannot be even be bothered to start it and see if it draws you in, then you are utterly deluded if you think I am going to waste a moment more of my time trying to transcribe a one hour video to attempt to convince you of anything.

I will say it once more, not watching is your loss.

HORSEY!! THE WATERS OVER HERE!! now die of thirst, I could not care less.

I assume there are less obstinate arrogant lurkers aplenty who will watch it, they are who I am aiming this at, not you regulars.
 
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the Kyle Bass video I posted is not edited, it is a live conversation at a conference, for an hour and ten minutes.

lots of people paid good money to attend the conference to hear him speak.

I understand your reticence, what with your 911 experiences, but I do not link to loose change type videos.

if you and Scroat cannot be even be bothered to start it and see if it draws you in, then you are utterly deluded if you think I am going to waste a moment more of my time trying to transcribe a one hour video to attempt to convince you of anything.

I will say it once more, not watching is your loss.

HORSEY!! THE WATERS OVER HERE!! now die of thirst, I could not care less.

I assume there are less obstinate arrogant lurkers aplenty who will watch it, they are who I am aiming this at, not you regulars.

No, actually, we won't. If you can't be bothered to summarize the important bits, then we probably can't be bothered to spend an hour and a half watching movies.
 
No, actually, we won't. If you can't be bothered to summarize the important bits, then we probably can't be bothered to spend an hour and a half watching movies.

5000+ posts and you think you are a lurker? :D

lurkers aren't even registered amigo, you're another thirsty horse.

this thread is about a book anyway, which gets a mention in the video we seem to be stuck on, and which Kyle clearly has read and understood.

<<========== stables thataway ;)
 
Good to see others are catching onto Kevsta’s MO.

has anybody here besides me read this book by any chance ?

its very good. would you like me to type that out for you too? :rolleyes:
 
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Haha. Moreso that when people criticise his position or ask questions etc, kevsta points them to youtube rather than actually discuss the topic.
 
KoihimeNakamura said:
the Kyle Bass video I posted is not edited, it is a live conversation at a conference, for an hour and ten minutes.

lots of people paid good money to attend the conference to hear him speak.

I understand your reticence, what with your 911 experiences, but I do not link to loose change type videos.

if you and Scroat cannot be even be bothered to start it and see if it draws you in, then you are utterly deluded if you think I am going to waste a moment more of my time trying to transcribe a one hour video to attempt to convince you of anything.

I will say it once more, not watching is your loss.

HORSEY!! THE WATERS OVER HERE!! now die of thirst, I could not care less.

I assume there are less obstinate arrogant lurkers aplenty who will watch it, they are who I am aiming this at, not you regulars.

No, actually, we won't. If you can't be bothered to summarize the important bits, then we probably can't be bothered to spend an hour and a half watching movies.


We? I watched the Kyle Bass vid in its entirety and found it interesting, relevant, succinct.

Thanks kevsta.

He recommended the book "All the Devils Are Here" towards the end of that which I've already ordered.
 
We? I watched the Kyle Bass vid in its entirety and found it interesting, relevant, succinct.

Thanks kevsta.

He recommended the book "All the Devils Are Here" towards the end of that which I've already ordered.

pleasure Frank, glad you enjoyed it.

as for the rest of you thirsty horses :rolleyes::rolleyes::rolleyes::rolleyes:
 
Pump and dump. Oldest trick in the book. If you can't make money using your own wits, talk the rubes into buying into your position.
 
(ok, I won't start another thread...BUT)

So which is it? The blue pill or the red pill. And which is what? Maybe one is a date rape drug?

Anyways, we can choose austerity or stimulus, be that monetary or fiscal.

Well, we have mostly austerity taking place in Europe, and it's not doing any good for any of those countries GDP, and even less for living conditions.

Yet, we have ideas from an event 70 years ago that could very easily make things better for all. But, "this time is different", aye?
 
some of you people are utterly pathetic. there really is no other word for your childish nonsense, you think you are so clever and yet you are just the saddest little authoritarian pseudo skeptics giggling away amongst yourselves in your fragile little ivory towers, with zero clue, and worse still, zero interest in what is barreling down the road at you.

I personally cannot wait to come on here and rip the pi** out of you royally as it all unfolds.

this thread is about a book, it has nothing to do with gold, pumping and dumping, buying or selling of any positions of anything.

IT IS A BOOK ABOUT THE INEVITABILITY OF THE COMING SOVEREIGN DEFAULTS


I have even offered to mail people copies of the damn thing so you would (for a nice change) have the vaguest clue what you are talking about, so far only one person has taken me up on that, so really, just wtf are you all going on about?

if you think I started this thread to push for the gold standard, or discuss gold in any way you are wrong. get over it. read the book, or at least discuss it, or get out of this thread.

daenku32 said:
Anyways, we can choose austerity or stimulus, be that monetary or fiscal.

Well, we have mostly austerity taking place in Europe, and it's not doing any good for any of those countries GDP, and even less for living conditions.

it wont make any difference, the outcome will eventually be the same.

daenku32 said:
Yet, we have ideas from an event 70 years ago that could very easily make things better for all. But, "this time is different", aye?

which ideas are you talking about?
 
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some of you people are utterly pathetic. there really is no other word for your childish nonsense, you think you are so clever and yet you are just the saddest little authoritarian pseudo skeptics giggling away amongst yourselves in your fragile little ivory towers, with zero clue, and worse still, zero interest in what is barreling down the road at you......
I don't have any problem with a thread to simply discuss a book, and can't imagine why anyone would.

Letting them become destitute through their stubborn ignorance, may I point out, IS AN OPTION.

I'm okay with it.
 

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