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About aliveandkicking

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    Millennium man
  • Birthday 08/29/1955

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    Helsinki Finland
  1. aliveandkicking


    Agreed. Prices will continue to fall until somebody stops producing
  2. aliveandkicking


    I do not think it is foolish to say it can only go lower till somebody stops producing it. Demand is not likely to spike up anytime soon.
  3. aliveandkicking


    Ok so some were predicting 500 USD oil and some saying it would go lower but surely nobody could have thought we would be looking at current levels and at the moment it can only go lower until somebody stops producing it.
  4. A solar powered engine is not a free energy device
  5. aliveandkicking

    Martial law declared in paris

    State of emergency. The army does not have martial law powers
  6. aliveandkicking


    It does not seem so difficult to understand to me. The world is currently awash with cheap oil. The producers have bills to pay and there is nobody sufficiently strong that they can stop producing to drive up the price. Yes additionally the Saudis may wish to go along with the US so the oil price is low to enable some chance of an economic recovery where the world is totally dependant upon cheap oil for survival and where importantly there is no free energy The interesting unanswered question (particularly for me living here in Finland where we are dependant upon a healthy russia) is whether or not a country like Russia has had a sophisticated ability to forecast oil prices and is comfortable at the moment or in fact the combination of low energy prices and low commodity prices are going to bring it back to its knees all over again.
  7. The lending bank only requires prearranged lines of credit to be funded. My point overall though is that bank lending is very little different to a person writing a cheque. One way or another you and the bank will need to be sure that you or they can handle whatever happens next. We are probably saying the same thing? Some real funding though sounds like they absolutely need to have in their possession something real. They might do or they might not. The nature of banking is a network of relationships where banks have accounts with each other. A bank loan is essentially a promise or at least this is how it begins life. All the bank needs is the promises of other banks. Plus it has the promise of the central bank.
  8. Anything that makes sense and appears to work will get reasonable funding. QEG made no sense at all. The whole resonance idea was misunderstood from start to finish and it was obvious that what they had done and what they were talking about totally did not reconcile at all. The cold fushion 60 minutes was very interesting, but what you need to see is independant replication of results, rather than checking over a system in Israel for a couple of days and concluding the work was being carefully done. Fairly clearly it can take days of inputting power to get power out so the opportunity of introducing errors is fairly huge. In any case we already have consumer units available that produce more power for the consumer than the consumer provides, which are highly reliable and have very compelling economics. These units are called heat pumps. Rod Duncan did this talk a week after 60 minutes where he says a little more on the topic of cold fusion possibilities. Obviously the whole thing is at a very early stage of development even if it is real.
  9. Bubb You are tending to over emphasise the hard money side of the equation while the 'truthers' are totally ignoring it. The big banks have accounts with each other, so when the loan is paid out of the creating bank it is likely to only require that the creating bank pays interest. The banking system has still therefore created a loan without needing any money to do it other than the ability to be solvent where necessary, have sufficient capital, and for example have lines of credit to cover the eventuality it needs to borrow to fund the loan. So if two banks decide to fund each others loans and only approve loans for each others customers who buy from the other bank - eg they allow those particular mortgages only, they are funded for these loans. However at the end of the day a bank is just an ordinary business with no special powers that an individual would possess if there was no government to prevent ordinary indiviiduals running an honest business. Eg you could have a substantial farm say, almost no cash, be highly solvent as necessary and manage a loan business just like a bank. Banks of course have one way or another a vast amount of capital as none cash items - just like the farm. The bank fraud saga is like the free energy saga. People are gullible and evidently people are wanting to believe they can change their lives if the system changes while meanwhile essentially wasting their lives dreaming.
  10. aliveandkicking

    Governments Hire Web Trolls to Sway Public Opinion

    Whatever the cause something has destroyed this web site.
  11. Nobody is forced to invest in US debt because of the US trade deficit. Therefore they can only be doing it because they chose to do it. Eg the Asian people are savers rather than consumers. The exporting countries will always have a problem if they build their economies on exports and there are too few importers unless the exporters finance the imports. People like to see the exporting nations like China or Germany as virtuous but the reality is often more complex if like Germany the Germans are also financing US subprime or US and Greek purchases of BMWs.
  12. The most interesting thing for me that comes out of the QEG saga is how easy it is to generate enthusiasm and an income just by making promises where what is promised is very very highly improbable.
  13. I listened to the whole thing. About 95% or more of the call was spent talking about aspects of QEG that would be relevant if they can produce free power from the Toroid which they admit they have not yet produced. Evidently Robitaille knows he has discovered nothing new and is only relying on Thrapps design. From elsewhere, via third party donations they have at least 100,000 as of last week, plus whatever they get via direct paypal payments. Val said 80 people are going to Morroco.
  14. Taiwan summary: Robitaille, can see he has been doing it wrong and now he hopes to do it right. "we were victims of thinking in a mainstream approach"