Friday, January 31, 2020

HUH. I didn't think the market could go down with that big REPO bazooka gun.

I mean, manufacturing has been in contraction for seven months and no fucks given.

"Chicago PMI falls to 42.9, well below consensus"

That is a truly ugly number. Any reading below 50 is contraction. And that isn't even kissing 50.


  1. Consumers, especially of things like farm machinery, are not buying because of NO CONFIDENCE whatsoever.

    They are putting chips in things like John Deere tractors now and won't ALLOW the owners (the farmers) to fix them. If they try the chip self destructs or you lose all warranty. This is on half a million dollar equipment.

    Let me illustrate why people are not buying the new pieces of crap:

    Watch it at that point. Not the beginning

    watch at that point.

    What I am getting at is that when manufacturers are implanting chips to destroy what they build is ANYONE else but them services them....that people are royally pissed off and would rather use what they have than buy that crap.

    Ships, cars, medical equipment, phones, ....


  2. and this

  3. It's just so stunningly crazy that we have to pass laws to work on your own stuff.

  4. Sounds like an opportunity for a manufacturer.

  5. It does. It's super hard to get a foot in the door right now though. Hopefully this is just a side effect of an anemic economy and not our future now.

  6. Capital of Texas RefugeeSunday, February 02, 2020 3:59:00 AM

    And now you're wondering why Korean and Chinese tractors are popular ...

    But it's not the only industry pulling this kind of shit.

    Take I-39 south through Illinois sometime and get off it so you can drive a while through "farming country", a term I use loosely because of what you actually see.

    You'll see commercial agriculture operations with seed company logos on sticks with numbers under them sitting at the ends of rows, usually right next to the road.

    The seeds are "licensed", and the signs show the particular strain and cultivar of the seeds that were "licensed" for planting.

    My guess is that they have the occasional enforcement runs of their seed "licenses" by doing some genetic sampling just to see if these "farmers" are breaking the terms of their crop licenses.

    Or you could buy your food from actual farms and actually buy actual food, but that'd obviously make you one of those "oar-gannic people" who only buys food that's been run though the certification wringer ...

    One way or another, there's some sort of "license" scam, isn't there?

  7. Capital of Texas RefugeeSunday, February 02, 2020 4:06:00 AM

    Also, leaperman, are you starting to get why I want a Caterham?

    It's a late-1950s vehicle design.

    You're supposed to be able to build it as a kit on your own, at least if you're not deliberately trying to fuck it up like the Top Gear Trio did.

    That Grand National up in Nasally Afflicted Goddamn Yankee Land is looking better all the time as well.

    I think I need to take a much more in-depth look at kit cars.

    A Caterham with a hard-top and actual door locks wound be pretty nice, but I might have to wait years for Caterham to get off its ass to build one ...

  8. "You'll see commercial agriculture operations with seed company logos on sticks with numbers under them sitting at the ends of rows, usually right next to the road.

    That is an interesting point. I don't know how I feel about that one.

  9. she said,

    Rome invented the plantation and servitude of the masses but America, with it's massive food companies (Con Agra comes to mind) are not destroying the independent farmer....they have done it.
    All that's left is picking over the maggot ridden bodies for the choice bits, like crows and ravens.