Heading for a new crash or just turbulence?

November 6, 2009 9:53 am

Prepare yourself. Something dosnt add up.

Time to exit the marked?
Time to exit the marked?

Credit crunch 2008

December 19, 2008 3:10 pm

First of all. Let me appologize for my poor performance in writing updates. Its cold, its dark, its shit and its never been nastier. The daily life now revolves around work, wind, darkness, snow and tax. Working in Norway sure is interesting. I just work as much as I can. I cant beleive the natives keep doing this for a whole lifetime, but oppertunities like this dosnt come too often and i dont want to miss the train. This is when the heat starts to crank up. I beleive we now are in the middle of the financial crisis and its time to start investing.

Yearly Lamb BBQ party Årøysund, Norway 2008

July 24, 2008 8:59 am

Summer at last and no season will be complete without the frying of the sacred lamb.


A standard medium sized lamb roasted for 3-4 hours, depending on heat. We didn’t put the whole thing in an overnight marinade this time and instead we constantly painted it with a fresh coat of oil, garlic and herbs to keep it juicy. Keep some water handy to put out flash fires.


Hungry guests.


Rude people starts eating immediately…


Some loose their footing and starts flapping around.


Drunkards sucking down too much firewater, engulfing themselves in flames of dishonor.


The older generation kicks into gear?


We decided to make a nice little fire this year.


It was great!


Until the fire department showed up…


Poor mom, she have seen it all before…


Trucks and everything…


So much for the fire…


And now the police would like a little word.


But these guys don’t care…


The day after tomorrow…

All pictures: Here

A Special thanks to the Tønsberg police and fire department that kindly let us get away without a fine. A smaller fire (or no fire at all) next summer have ben noted.


July 23, 2008 9:43 pm

I am upgrading the site. Time for a facelift.
I will hopefully be done by the end of this week…

24. 07.08 – Done with upgrades. New theme as well 🙂

Is Gold the answer?

August 22, 2007 6:22 am

I cant help but reading: The US Dollar: On the Edge of the Abyss
I wish I had a lot of money right now. Investing in gold seems like the right thing to do.

Here is another article talking about Iran: 70% of Iranian oil exports in non-US income.
Very interesting. Who is next?

Look at gold prices keep going up: 10 year gold price history in US Dollars per ounce.

Get rid of your USD.

August 18, 2007 8:52 pm

– and so it begins… USD trading at 34 Bath. Wtf is happening? My adsense checks are starting to look more and more like regular paper.

I think it will only get worse. Are they even planning a recovery? Something tells me they are not. By the look of things, somebody is taking the dollar straight to hell in a basket. Now, Im no expert on American economy (or economics in general for that matter), but I understand simple concepts of how things work.

Right now the US national dept is at $8.6 trillion (what USA owes its own bankers, federal reserve). An amazing number, and as the American consumers finally hit a brick wall and maxed out their credit cards, its time for a reality check. Consumer spending is 70% of Americas GDP. What happens if it breaks down? Now that its time to pay all those credit card bills, where will the money come from? Do they even have a plan? It seems like pure madness.

US foreign debt is up 10% to $4 trillion. USA accounts for almost 60% of all global lending combined last year alone. USA keeps feeding the Japanese and Chinese dollar checks like there was no tomorrow. How you even accept checks from someone with $4 trillion in loans, is to me a mystery, but I guess its good to have some USD to pay for increasing oil prices. But what if you dont have to buy oil in USD anymore? What will USA do with all that “outstanding money”? Take a look at the petrodollar system. USA used to have a monopoly on oil trade. You needed USD to pay for oil. Trough some weird dealings, USA somehow got the world to think “this is how it works”. They could increase their deficit, because other countries needed USD to pay for oil. Great stuff! Oil was cheap and plentiful, but maybe there is a backside to it. America never had to educate themself to respect oil like the rest of us did. When it comes to pollution, they account for 25% of all global nastyness alone. Oil have been too cheap in USA. They have little competence in public transportation and efficiency of their cars. In USA its “big and loud”, thats how we like it. Spend Spend Spend! Why not buy 2 cars instead of just 1? Compare USA with countries like Germany for example. Germany knows the value of oil. They dont have any cheap or national oil resources, so they have to. They try to conserve gas in whatever means they can. USA haven’t even heard about this concept until just recently. Europe have worked on oil efficiency and public transport for decades. If USA no longer can have their USD monopoly on oil trade and get their cheap oil, what are they going to do? I cant possible imagine they can afford to buy oil in Euro or “real money” like the rest of us? What are they going to do with all those big cars? Take out the engines and re-fit them with horses? Not to forget all those international loans they have to pay back because countries no longer need all those USD to buy oil?

What about the real estate loans? Have they even started to think about this? What the fuck is going on?

Russia have already changed their oil sales to Euro and Rubles. Iran and Venezuela is probably next. You don’t need to be a prophet to forecast where this is going. If USA looses its grasp on oil trade monopoly and at the same time, national consumer spending drops and people cant pay their loans…. Huston, we have a problem.

One can debate if a weaker USD will increase US export and benefit the “longrun”, but its too late for that. Everyone is buying stuff in Asia nowadays anyway.

Get as far away from the dollar as you can. It has cancer and its about to explode. The big question now is, how large will the crater be, and what to convert to?

Improved structure

August 17, 2007 6:07 am

New templates with improved gallery integration. This should work a lot better. Fused wordpress and gallery2 with a plugin so users are shared. The gallery now loads embedded in wordpress or as standalone. Now we just need to edit all the gallery descriptions. Any volunteers?

Religion and Money

4:03 am

An interesting movie about religion and American economy. I have edited the movie slightly, removing some parts i found boring or uninteresting. Download this movie or try to view it in my experimental player.

Den Norske Kirke bryter markedsføringsloven

August 15, 2007 2:39 am

I begynnelsen av Aug sente jeg en klage til forbrukerombudet:


I dag fikk jeg svaret sent paa epost:

Til: Morten Bakke, bakke at uglycamel.com
Fra: Merete Tollefsen
Dato: 09.08.200
Saksnummer: 07/1835-2

Klage på markedsføringen til Den norske kirke

Vi har mottatt din henvendelse angående ovennevnte. Du reagerer på Den norske kirkes markedsføring og bruk av bibelen, som du oppfatter som feilaktig og full av usannheter.

Forbrukerombudet skal føre tilsyn med at de næringsdrivendes markedsføring og avtalevilkår er i samsvar med markedsføringsloven. Se for øvrig våre hjemmesider: http://www.forbrukerombudet.no for mer informasjon.

Markedsføringslovens §§ 1, 2 og 3, som er de aktuelle bestemmelsene i spørsmål om urimelig og villedende markedsføring, setter vilkår om at markedsføringen må skje i næringsvirksomhet. Kirkens virksomhet, og omtale av bibelen, er etter Forbrukerombudets syn ikke næringsvirksomhet i markedsføringslovens forstand, og faller derfor utenfor lovens virkeområde.

Vi vil også tilføye at Forbrukerombudet skal føre tilsyn med markedsføringsloven ut fra forbrukerhensyn, jf. markedsføringsloven § 13. I spørsmål som hovedsakelig dreier seg om personlig tro og religionsutøvelse foreligger det etter vår vurdering ikke slike hensyn. En håndheving av markedsføringsloven ovenfor denne typen ytringer vil også meget lett havne i konflikt med grunnlovens bestemmelse om religions- og ytringsfrihet.

Forbrukerombudet finner på denne bakgrunn ikke grunn til å gå videre med saken.

Med vennlig hilsen
for Forbrukerombudet

Jo Gjedrem

Er ikke sikker paa om jeg gidder aa svare eller anke saken. Tar vanvittig mye tid og energi og drive med slikt. Kansje jeg kan proeve igjen til neste aar. Hvis dette (link) kommer positivt igjennom, blir det nok lettere.

Dritt sommer?

August 13, 2007 8:00 am

Har faatt med meg at sommeren ble helt raeva. Passer meg egentlig midt i blinken for jeg kom meg jo ikke til Norge denne sommeren. Tenkte jeg alikevell skulle komme med et tips til dere som sitter aa banner og sverter under graa himmel.

Dra ut i skogen! Med alt regnet er det sikkert masse sopp.

1. Smelt smør i en liten stekepanne og stek noen oppskårne baconstrimler til de begynner å bli sprø. Tilsett finhakket hvitløk og salvie og la det trekke i ytterligere et par minutter.
2. Ha i kantareller som er skåret i grove biter. Sauter i 10 minutter under stadig omrøring. Tilsett noen spiseskjeer med cottage cheese og noen med crème fraiche. La trekke på svak varme under omrøring mens du smaker til med krydder. http://www.wormnes.no/soppsiden/

Roedvin og litt sopp-snacks maa jo hvaere tingen for dere naa. Eventuelt hive litt ekstra “urter” oppe i gryta for aa gjoere det beste ut av en heller bedriten sommer.