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alstry (35.03)

For The Rich Fools Only....

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April 26, 2010 – Comments (18)

If you are poor....this really doesn't apply right now because you do not have very far to fall.

UPDATE:

Right now government are borrowing and taking about $4 trillion dollars per year from your retirement/investment accounts to maintain our economy functioning.  The economy is now being driven from Government and Wall Street borrowing and NOT productivity.....just like housing construction and the boom was driven by reckless lending and not really true demand based on a productive economy.

At the same time...and this is key....the private economy is being cut off from access to credit and those with access really have little need to borrow.

As a result, we are now in the final stages of Zombulation as the private economy...which used to be the majority of our economy as we knew it....is shutting down and the government and Wall Street economy is functioning due to siphoning money from your investment/retirement accounts......NOT BECAUSE OF TAX RECEIPTS or REVENUES GENERATED.

Most Fools think it is foreign nations that finance our collective debt.....NOPE!!!  it is Americans who primarily finance Aemrica's debt through pension plans/retirement accounts/and investment accounts.

America and Wall Street are running down to the end of our savings.....and if they simply print money to maintain the charade.......our money will be worthless.

Right now inflation is in check because we have massive deflation in the private economy offset by inflation in the public/Wall Street economy.  But we will be soon reaching the Z point...where it becomes impossible to borrow money from our retirement accounts any further and a choice will have to be made.....

Worthless currency where everyone is broke........or purge/restructure the debt putting our nation into a massive depression. 

Since we are now at about the Z point.....Alstrymous blogging will focus on how we will enter the digital age....which is consistent with the new dot.com I am starting.

18 Comments – Post Your Own

#1) On April 26, 2010 at 10:30 AM, cashkid79 (94.23) wrote:

Go digital ! Yeahh !!

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#2) On April 26, 2010 at 10:52 AM, jdlech (< 20) wrote:

The rich will merely move to another market when this one is finished.

 

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#3) On April 26, 2010 at 11:49 AM, alstry (35.03) wrote:

jd...

Not as easy as you think....most of the rich's money is in the Industrial Age......and they can't see what is coming.

I live in a neighborhood with very rich people.....most don't have a clue.....houses are routinely being discounted hundreds of thousands of dollars to millions of dollars and everybody still thinks this is just a correction.......not understanding it is the end of an Age....something that occurs every few generations.

Can you imagine how much fun I am at parties.........???

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#4) On April 26, 2010 at 11:55 AM, alstry (35.03) wrote:

US newspaper circulation down 8.7 percent

But digital delivery of the news is skyrocketing....and this is where Alstrymous is going...hop aboard the Alstrydomous train to the future.

When these newspapers shut down....tens of millions of square feet of real estate won't be needed, we will save a bunch of electricity and fuel....nor will tens of thousands of employees as new gathering is now aggregated and digitally distributed.

The key to the digital age is vision and common sense...two qualities very scarce in our culture today.

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#5) On April 26, 2010 at 11:58 AM, ChrisGraley (30.25) wrote:

I'm confused. Are you still leaving or did you already come back?

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#6) On April 26, 2010 at 12:01 PM, alstry (35.03) wrote:

The doom and gloom Alstry is gone....welcome to the clear sighted common sense driving Alstrymous who is very excited about the arrival of the digital age.....just as he is starting up his dot.com  business.

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#7) On April 26, 2010 at 12:39 PM, kdakota630 (29.81) wrote:

ChrisGraley

The time frame between Alstry's metamorphasis to "Alstrymous" basically amounted to a lengthy bathroom break.

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#8) On April 26, 2010 at 2:21 PM, JerseyShoreGirl (< 20) wrote:

I think what Alstrymous is saying has something to do w/ this .. how we're coming out of the industrial age into something else ..

 http://www.youtube.com/watch?v=6X90HRQT-LE

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#9) On April 26, 2010 at 2:28 PM, JerseyShoreGirl (< 20) wrote:

about 5:25 he starts getting into it ... although his entire (montage) speech is worthwhile

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#10) On April 26, 2010 at 2:34 PM, JerseyShoreGirl (< 20) wrote:

Alstrymous:  Enlighten us about "what you see coming" re. the digital age .. and what kind of dot.com are you starting ...

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#11) On April 26, 2010 at 2:44 PM, alstry (35.03) wrote:

At this point the transition is very fluid.  It is easy to see the shutting down of the industrial age and the world as we know it...that is why Alstry no longer serves a purpose....the media will become Alstry soon.

The digital age will be much 'greener.".....electric transportation vs. current fossil fuels.....nookular power vs coal, gas etc......

Education will be digitally delivered and the role of schools and buildings will change dramatically.

There will be little need for bank branches and the concept of credit will become a dinosaur.

Houses in the current form will like be worthless or near worthless in the near future....same with most commercial properties.

We will have access to information in a delivery format few can comprehend.....think of the iphone today vs. the cell phone just a few years ago.

The capacity to think independently will be a good memory as more and more control of data flow will mold societies.

There will be a bunch of tradeoff...some good and others not so good....but we are now starting to see some dramatic changes.

Once the dot.com  is launched....I will notify you.

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#12) On April 26, 2010 at 3:11 PM, mawnck (< 20) wrote:

A dot.com? Digital age?

Ummmmm .... alstry, my friend, victims of a collapsed system can't afford computers. Or internet access.

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#13) On April 26, 2010 at 3:14 PM, alstry (35.03) wrote:

It won't take much to reinfllate in the image and likeness of the digital age.

It took god a few days....Goldman can do it in a few months.

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#14) On April 26, 2010 at 3:59 PM, ChrisGraley (30.25) wrote:

Industrial age ended 4 decades ago...

Digital age began 3 decades ago...

Dot.com age began 2 decades ago...

Information age began 1 decade ago...

Free information age is just beginning...

I'm not much of a prognosticator, but I think the next big age is already starting to form.

As information becomes free, (by free, I mean not under anyone's control) , central control becomes weaker.

The individual becomes stronger. Perception becomes fragmented and debate among individuals influences public conscious.

Individual collaboration becomes transparent and individuals will become more powerful as institutions become weaker.

How can someone profit in the information age?

Be a trusted source of information.

 

I would suggest posts talking about the implosion of the world and telling people to prepare.

 

 

 ;)

 

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#15) On April 26, 2010 at 5:29 PM, alstry (35.03) wrote:

Chuck...

I think you have the digital age backwards.....

Information will be less "free" even if it is free.

Over 90% of all media outlets are owned by 6 companies.....the data is becoming more and more homogenous and less objective.

Pretty soon...much of your data flow will come from one or two sources...whether or not it is accurate.

In the dot.com I am developing...trust in the brand is key.....as it becoming a scarce resource these days.

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#16) On April 26, 2010 at 7:44 PM, ChrisGraley (30.25) wrote:

Chuck?

I think your the one that has it backwards, Alstry. Information has been controlled for much longer than the digital age.

 

The fool is valuable because they have a minimal control of info.

 

People are upset and sharing info every day. That info is getting more and more sophisticated. People are needing media less and less to digest it for them.

 

You have been warned Alstry, you should prepare.

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#17) On April 26, 2010 at 10:53 PM, ralphmachio (23.67) wrote:

Yeah, Alstry is explaining that we are heading for 1984. Someone he supposedly knows who holds some position of power and has access to knowledge that only few men know is keeping him abreast of current top secret issues. That person is telling him that it is just a question of time before this place resembles a future nightmare movie, where freedom is abolished. 

That's like, his opinion, dude. -Loosely quoted from Jeff Lubowski, or the Dude. 

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#18) On April 27, 2010 at 6:51 PM, mawnck (< 20) wrote:

"In the dot.com I am developing...trust in the brand is key."

Are you going for Fox News trust, or MSNBC trust? Because this country seems to be splitting into two camps, and ANY news outlet that one side trusts, by definition can't be trusted by the other side. So are you going to be affiliated with the evil Mainstream Media or the evil Noise Machine?

And don't say "neither," because as soon as you report something that doesn't fit one side's predetermined story line, regardless of how true or trustworthy it is, you will offficially be declared a card-carrying member of the opposition.

I still don't know how your customers are going to see your website when there's no web to put it on. Is Goldman going to buy everybody broadband service? And why?

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