Archive - Jun 2015 - Blog entry

Typically, one method of MOPE that the government and the FED love to engage in is seasonally adjusting economic figures, which means that they look at the real numbers and simply re-jig them until they better fit their “models”.

Do not try this at home!

Ever wondered what life would be like if a country actually disappeared off the face of the planet or at least transformed into something else?

Where will you be?

 Most large financial entities are insolvent. As a result, if a significant amount of digital money is converted into actual physical cash, the firm would very quickly implode.

Sense of desperation among CEOs?

As has been noted frequently in the past, most of the business news posted by the mainstream media is a collection of economic fairy-tales which utterly pervert what is actually taking place, most particularly with respect to reporting on the Western bloc. Occasionally, however, we will get some sort of mild, pseudo-confession, which gives us just a glimpse of the economic carnage in these once-prosperous/once-affluent societies.

This month could be quite a spectacular one.......

A recent poll suggests that 58% of Syriza supporters would rather return to the Drachma than to remain in the single currency while severe austerity measures are imposed. Syriza have a 26 point lead over the next most popular party, New Democracy.

“Why do you think NSA [and other intelligence agencies] support it?” --William Binney

"The real lesson from Europe is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy works."--Krugtard

Will global QE carry on forever...the next month may give out some clues..will it be Junemaggedon after we had May-hem??

Can you imagine, say, Steve Jobs allocating 30% of Apple's profits - - forever - - to a given charitable cause?

If the Fed end its strategy of reinvesting TSY holdings, net supply of treasury paper will be close to a trillion dollar per year, for the next decade, as the gigantic pile of securities on the Fed balance sheet shrinks and interest rate expenses explodes.  

Corruption Is Destroying Basic Science