What Are You Doing Right Now? (207 Viewers)

[Fred]

Yes, is that abnormal?

Ah gay! sorry to hear broseph.



a cheap 6 pack a year?

No its not, i was just asking

But, i'm going to try my hand at real work experience at first, then i'm going to go for an MBA. When are you supposed to graduate?

 

Buy on AliExpress.com

[Bjerknes]

Better get used to being a capitalist pig then, young Fred. Push aside your Sharia banking as well.

 

[.zero]

just got home and cracked my first beer of the evening

 

[Fred]

Better get used to being a capitalist pig then, young Fred. Push aside your Sharia banking as well.

Looks like it :depressed

 

[Bjerknes]

Looks like it :depressed

Well that's great, join me in trading and ruining folks' futures by shorting markets.

 

[Fred]

Did you minor in Finance/Economics Andy?

 

[Bjerknes]

Did you minor in Finance/Economics Andy?

Minored in economics, but took several finance and futures market mechanics classes for the option in my major, Weather Risk Management. They gave me a good idea of how markets worked. Too bad they didn't teach me how to trade, that I had/have to learn on my own.

 

[Bjerknes]

Speaking of economics...

 

[Delle Alpi]

Hola.
We are having a new lab mate going to work on his Masters in Chemistry starting May, he is Scottish and a Celtic fan.
A wierd story happened this afternoon, we have a professor from London England and a big Tottenham fan. He came by our lab to talk to me about some weekends matches, I introduced the Scottish guy to him "He is the new graduate student and is from Scotland" The professor said SCOTLAND, and then started laughing. Then just left while laughing and didn't add anything else
I didn't know what was that about.

 

[Dragon]

I'm thinking about getting a masters in finance rather than a mba

 

[icemaη]

Speaking of economics...

So basically U.S. is gonna get fucked again soon, this time for real? Which means the rest of the world gets fucked too? Nice.

 

[Bjerknes]

I'm thinking about getting a masters in finance rather than a mba

Do you like banking or trading?

So basically U.S. is gonna get fucked again soon, this time for real? Which means the rest of the world gets fucked too? Nice.

Depends on what happens. We should see a deflationary collapse because it just has to happen for the global system to correct itself, but the policy makers are trying to flood the world economy with cash. There comes a point when this will spiral out of control and hyperinflation will ensue in multiple currencies, which will then send commodity prices through the roof. So folks that have tons of resources and commodities will be less hit by the mess.

If massive deflation ensues then everyone is fucked. I'd rather see this happen and take down China with us.

 

[Enron]

Got out of class early. Getting ready to get LOST. Hopefully morning classes get called off.

 

[icemaη]

Do you like banking or trading?



Depends on what happens. We should see a deflationary collapse because it just has to happen for the global system to correct itself, but the policy makers are trying to flood the world economy with cash. There comes a point when this will spiral out of control and hyperinflation will ensue in multiple currencies, which will then send commodity prices through the roof. So folks that have tons of resources and commodities will be less hit by the mess.

If massive deflation ensues then everyone is fucked. I'd rather see this happen and take down China with us.

I'm a complete noob when it comes to economics so bear with me here.
Lots of money being pushed into the market -> value of money down -> prices go up -> hyperinflation. Correct? How can massive deflation ensue? Or have I got it all wrong?

 

[Bjerknes]

Enron,

Who cares about this storm, I'm watching a low pressure system and area of positive vorticity that will move into the region on late Friday. The polar jet and subtropical jet are going to line up to pull in very cold air from the North and lots of moisture from the South, causing major lifting over the mid-Atlantic region. If that gets going, and the storm track hugs the coast like the CMC and GFS models predict, we are going to get lambasted with snow.

The setup is similar to the December 19th(?) storm. We could have a major Nor-Easter to deal with here Saturday.

 

[Dragon]

Does E know about meteorology or are you just showing off?

 

[Bjerknes]

I'm a complete noob when it comes to economics so bear with me here.
Lots of money being pushed into the market -> value of money down -> prices go up -> hyperinflation. Correct? How can massive deflation ensue? Or have I got it all wrong?

You are correct in your inflation analysis.

Deflation would ensue because debt needs to be cleared in the system. What happens is that since everyone is owed money, a demand for currency exists, one that probably will not be fulfilled. So even if they print trillions in cash folks still won't be paid back, nor will bad assets increase in value, so assets across the board will depreciate and paper money will appreciate.

So what they're trying to do now is support asset prices and delay the inevitable. But what they could be spurring on is a double whammy of massive deflation and then massive inflation once all the debt is cleared. Then we'll really be screwed.

In all honesty, they should have just let the system run its course and did nothing, but folks can't really understand that.

 

[Bjerknes]

Does E know about meteorology or are you just showing off?

He's taken a meteo course and can follow what I'm saying.

Don't be uncouth.

 

[Enron]

Enron,

Who cares about this storm, I'm watching a low pressure system and area of positive vorticity that will move into the region on late Friday. The polar jet and subtropical jet are going to line up to pull in very cold air from the North and lots of moisture from the South, causing major lifting over the mid-Atlantic region. If that gets going, and the storm track hugs the coast like the CMC and GFS models predict, we are going to get lambasted with snow.

The setup is similar to the December 19th(?) storm. We could have a major Nor-Easter to deal with here Saturday.

Yeah I was discussing that with my old Meteo prof about 30 minutes ago. We both thought the data looked like a possible line up for another NE.

As for this storm, I have a quiz in computer class tomorrow I'd love not to have to take. So I'm hoping it slows over the next couple of hours.

 

[Bjerknes]

Yeah I was discussing that with my old Meteo prof about 30 minutes ago. We both thought the data looked like a possible line up for another NE.

As for this storm, I have a quiz in computer class tomorrow I'd love not to have to take. So I'm hoping it slows over the next couple of hours.

Look at the 102 hour CMC forecast. Just about perfect in terms of the track of the low, but the precip shield is a bit too concentrated to the South. At times models do tend to undershoot the intensity of the precip shield to the North of such storms.

The 540 Decameter dotted line on the upper right chart is what we need to watch if this track plays out. That is the theoretical "critical thickness" boundary for rain and snow.

http://www.meteo.psu.edu/~gadomski/CMC_0zA/cmcloop.html