tag:blogger.com,1999:blog-6278115441557880568.post8093038658473618090..comments2024-03-18T16:29:17.369-07:00Comments on Inverted Alchemy: An Integral Economy: A Flock of Black Swans Just LandedDavid Martinhttp://www.blogger.com/profile/01775270821108542258noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6278115441557880568.post-6531464740907944282009-06-17T12:09:53.516-07:002009-06-17T12:09:53.516-07:00McQuain - the pension unrest will be violent if we...McQuain - the pension unrest will be violent if we don't get engagement and discourse about it's management now. Your concern is right and I'd encourage a wide an discussion on this as possible. <br /><br />With respect to the tax holiday for asset rebalancing, I believe that your concern about the dollar is well-placed but the absence of a global fair market vote of confidence actually fuels even greater risk on the pension side so it's a bit of the lesser of two undersirables.David Martinhttp://www.invertedalchemy.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-6278115441557880568.post-73980594616329917582009-06-16T19:31:31.323-07:002009-06-16T19:31:31.323-07:00Your 15 June 2009 interview on ZOOM'D was exce...Your 15 June 2009 interview on ZOOM'D was excellent as usual.<br /><br />One thought and one question:<br /><br />1) As I have said before, I remain extremely concerned about the fact that there will likely not be any peaceful solution to the pension fund insolubility crisis. In my line of work, I talk to common laborers often. These people will not take their loss of pensions calmly.<br /><br />2) If the current administration does allow a tax holiday by allowing us to rebalance our tax-deferred retirement accounts, would not that rebalancing event hasten the collapse of the dollar or at least make the pension insolvency a more concrete reality.<br /><br />I think there are more than a few Black Swans hanging around. I imagine the Hitchcock movie "The Birds" except only with Black Swans. Not a pretty picture......Anonymousnoreply@blogger.com