Archive - Feb 10, 2012 - Blog entry

FTW: "If somebody considers investing in Italy now, they should not be too worried about what comes next"

Minxin Pei, the most original of current Sinologists, makes the point authoritarian/totalitarian regimes inherently prioritize requirements for protecting regime leaders over long-term national interest.

We all getting paid for this - it's like, $60 dollars per head

Rumors began circulating Friday that North Korean leader Kim Jong Un was assassinated in the North Koren Embassy in Beijing. The rumors which originated on Weibo, the Chinese version of twitter, have been proven false by Banzai7 operatives...

While unemployment is a big problem for the Chinese Government, inflation is a HUGE problem. Over one third of China's population lives off less than $2 a day. If the price of food rises in China... those "mass incidents" will explode into outright widespread rioting and civil unrest.

What is the cost of a broken life? 

If the U.S. and Israel sponsor terrorism, then Jimmy Carter’s National Security Adviser was correct when he told the Senate in 2007: the war on terror is “a mythical historical narrative”.

It's 12:57 AM February 11, 2012 Hong Kong Time: Let the BANZAI7 QE Valentine countdown begin...

You know times are hard when you can't even give your distressed assets away!!!

Did Pelosi and Bachus draw straws about who was going to be subject to a congressional ethics investiation based on their insider trading?

Chart Update as Market is ready for a Correction.

A graph is worth a thousand words.  Here's three grand worth:

If you do not change direction, you may end up where you are heading.--Lao Tzu

In real terms, if a continued rise in US markets is accomplished through covert or overt QE, ironically one will grow poorer as the nominal dollar amount of one’s US portfolio rises but one's purchasing power of said dollar plummets. So rise or bust, either way you lose.

A scandal before construction has even started.