Archive - Sep 1, 2014

Tyler Durden's picture

Where Do ISIS Fighters Come From?





Everywhere...

 

Tyler Durden's picture

Asian Property Prices Are Falling "As If There's A Global Financial Crisis"





With China's property developers slashing prices, piling on incentives, and still seeing sales slump; it is no surprise that demand from the top to the bottom across Asia is falling. As Reuters reports, even Singapore's Sentosa Cove (the man-made island resort billed as Asia's Monte Carlo) is eerily silent as the billionaires seem to be staying away with prices down over 20-30% in the past year. New mortgage business is down over 40% as "the rential can't even cover the mortgage anymore." As one analyst notes, "the tables have turned," adding rather ominously that, "The way prices have fallen, it's as if there is a global financial crisis."

 

Tyler Durden's picture

USDJPY (And Nikkei) Surge Higher as Japanese Car Sales Collapse To 3-Year Lows





And for tonight's menu of disastrous Japanese economic data, we have (drum roll please)... Auto sales. Overall auto sales fell 9.1% YoY to 333,471 - the lowest in 3 years. Minicars dropped a stunning 15.1% YoY according to the Japanese auto dealers association. The response - rather obvious by now - to this terrible news... a 35 pip vertial ramp in USDJPY which can mean only one thing - the Nikkei 225 rallied 150 points... On a side note, following disappointing PMIs, China fixed the Yuan at 4-month lows.

 

Tyler Durden's picture

Europe's Fantastic Bond Bubble: How Central Banks Have Unleashed Mindless Speculation





Capitalism gets into deep trouble when the price of financial assets becomes completely disconnected from economic reality and common sense. What ensues is rampant speculation in which financial gamblers careen from one hot money play to the next, leaving the financial system distorted and unstable - a proverbial train wreck waiting to happen. That’s where we are now.

 

Tyler Durden's picture

The US Guide To Middle-Eastern Terror Groups (In 1 Cartoon)





...subject to change indeed...

 

williambanzai7's picture

GaSNoST EXPLaiNeD...





Tusk, Tusk, Tusk...

 

Tyler Durden's picture

Ron Paul: Perhaps Obama's "Lack Of Strategy Is A Glimmer Of Hope"





A lack of strategy is a glimmer of hope. Perhaps the president will finally stop listening to the neocons and interventionists whose recommendations have gotten us into this mess in the first place! Here’s a strategy: just come home.

 

Tyler Durden's picture

What It's All About: Russia, China Begin Construction Of World's Largest Gas Pipeline





If after months of Eurasian axis formation, one still hasn't realized why in the grand game over Ukraine supremacy - not to mention superpower geopolitics - Europe, and the West, has zero leverage, while Russia has all the trump cards, then today's latest development in Chinese-Russian cooperation should make it abundantly clear.  Overnight, following a grand ceremony in the Siberian city of Yakutsk, Russia and China officially began the construction of a new gas pipeline linking the countries. The bottom line to Russia - nearly half a trillion after China's CNPC agreed to buy $400bn in gas from Russia's Gazprom back in May. In return, Russia will ship 38 billion cubic meters (bcm) of gas annually over a period of 30 years. The 3,968 km pipeline linking gas fields in eastern Siberia to China will be the world's largest fuel network in the world.

 

Tyler Durden's picture

To Everyone Saying Russia Is "Isolated", Here's A Map





While NATO is happy to provide Russia with geographical advice, we thought the following map of "the world" will help explain President Obama's increased use of the term "isolated" when it comes to Russia...

 

EconMatters's picture

Inflation Pressures in Core Food Components





Eating out for the weekend brings home the idea that food and restaurant costs are only going up on the whole... 

 

Cognitive Dissonance's picture

Dispatches from Occupied Territory – Fear is the Mind Killer





While many will claim otherwise, often those who are awakening just want the system to be ‘fixed’ so they can go back to sleep.

 

Tyler Durden's picture

Saudi King Warns ISIS "Will Reach Europe In One Month, US In Two"





As if the fearmongery and vitriol of UK, Europe and the US were not enough, the Middle-East's 'allied' leaders are now opining on the threat of ISIS. As FOX News reports, The king of Saudi Arabia has warned that jihadists could target the United States and Europe if leaders across the globe do not react to growing terrorist threats as Islamic State militants make advances across Iraq and Syria. "If neglected, I am certain that after a month they will reach Europe and, after another month, America," blasted King Abdullah, adding Cameron-esquely, "they know no humanity." Of course, this is quote ironic given the Saudi's funding of various terror groups throughout the region.

 

GoldCore's picture

Gold Lock Down Despite Aggressive Plan To Ban Russia From SWIFT, Terrorism & War Risk; Palladium At Multi-Year High Over $900





The 13 year anniversary of the 911 attacks in 2001 looms next week and given developments in recent days and weeks, one must be wary of new attacks in the UK , U.S. and other western nations. The UK has raised the country's terror threat level from substantial to severe, its second highest level. MI5 and MI6 said there was no information to suggest an attack was imminent.

 

Tyler Durden's picture

"Pakistan Spring" Escalates; 3 Dead, Over 470 Injured As "Soft Coup" Hardens





The violent protests that raged yesterday have turned deadly as clashes between riot police and anti-government protesters left 3 dead and at least 470 injured according to The WSJ. The military, who are acting as mediators between PM Sharif and opposition leader Imran Khan have warned both sides that they neither support the others view or sanction further use of violence to suppress crowds. Mr. Khan exclaimed to the people, "if you want to be free, if you want to have a real democracy, the time has come;" as another protester noted "the police were brutal, but that is good because whenever blood is shed in a movement, it turns into a revolution." Meanwhile, the so-called "soft-coup" as WaPo refers to it continues to harden (threatening $3bn of US aid) as Prime Minister Sharif is left with fewer and fewer options.

 

Tyler Durden's picture

Goldman's Special Purpose Tentacle Revealed In Europe's Latest Bank Failure





  • Off balance sheet vehicles?  Check
  • Conflicted bank "research" recommending muppets buy stock while soliciting banking fees from same stock?  Check
  • Hoping to sell debt on to muppets?  Check
  • Chinese corruption? Check
  • State bailout of failed bank? Check
 
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