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Anonymous runs the The Economist. It all makes sense now.
The Economist is now a bought and paid for whore Officially.. Pumping the 3rd World! for investment dollars!
Years ago, I used to subscribe to The Economist. And then they got bought out by a US-owned publisher, and their articles became increasingly pro-US and Israel.
End of subscription.
The last time I paged through The Economist I was struck by their Keynesian and Statist worldview. Yuk.
Executive Subtext: OMG things are changing fast and we don't have a playbook for this! Your guess is as good as ours where this is going. But if you'd like to believe that the same old same old will work, then send us your money and we'll place that bet with a fee for 'advice'. Oh and if anything goes wrong don't blame us cause we told you so but you wouldn't listen? Nooo.
You are the exact type of go getter I need in my M&A department. Please forward me your salary requirements immediately!
Some over the hill incompetent shit head who is trying to hold on until retirement
Obama not worried about double-dip recession.
Finally, he has it right. I am not worried about that either since we never ended the recession and are closer to depression. Good call Boss.
Time for a few rounds of golf and another visit from jayzee and beyonce.
There is no growth.
Worse, there's Negative growth.
Contraction in real terms. Sans CTRL-Peeing on all the Banks and telling us its raining, you're right. No growth.
Exactly, only growth in MOPE.
The impunity within the Bernank is insurmountable.
How dare he tell our Seniors or those on limited income their cost of living is "too low" or even "transitory"!!!
Ben is your typical egg head academic you laugh about over a cold beer.
Most unfortunate he controls a large percentage of our financial fate,
I dare say...
i would describe the bernake as the guy who controls the ferris wheel at the carnival.. he is no lion tamer and he does not own the show.
Jay 'Carney' Obama's new press secretary. Pretty damn close, I must say.
Today he was just a pathectic carnival barker, filling in for the FED's as yet to be hired Nobel Prize awarded Ph.D. PR exec/Minister of truth.
The Bernank said today that the feds services were all free to the taxpayers of the united states....i bet that make everyone feel good..........
Just waiting on the gold revalation.......
Someone mentioned the crying game earlier. That was so apprapo!
Yup, Jaye Davidson, second from left.
Funny thing that Peak Oil, it *will* be interesting to see how it finally plays out...
It is playing out. The cheap and easy is in decline. The tedious and expensive is now the only option. $4/gal minimum going forward.
Not the end for the SUV, but count on more GOM "accidents" fer shir!
We are not yet near to the end game....call it "bottom of the third..."
I do like that though..
The cheap and easy is in decline. The tedious and expensive is now the only option.
The cheap and easy is in decline. The tedious and expensive is now the only option.
I might just file it for later...
Thanks. Use early and often.
Yup. It's a scramble now and the tone alone is a tell. They're checking under the beds
As long as they're not checking under my camouflaged fuel depot in the back yard.
"It is playing out. The cheap and easy is in decline. The tedious and expensive is now the only option." Bradford Field (Pennsylvania) well operator, 1885. ...What a maroon!
bny mellon is like the Everest College of financial institutions
Recall the Economist Gold Index? Every t¡me the Economist publishes an article about gold, almost always negative, the gold price rises almost immediately thereafter. I note an obvious bias in the questions asked in their report, that they do not include PMs as a separate asset class. The closest question regarding PMs relates to industries expeted to grow and they include ¨Metals and Mining,¨not distingishing between primarily industrial metals and precious metals. Thus, the survey is quite flawed since they have not included a specific asset class, PMs, with one of the best records for ten years now. Accidental oversight? I think not. Important ommission? Obviously. Why... because they are part of the power elite, using their feigned ¨objectivity¨to keep the old game going. And who are their respondents, with about half positive about global economic growth. What beverage were they offered before completing the survey. I distrust their sampling of respondents, too.
Part of the issue is that Gold demand and price reflect many things, most of which they don't understand. One aspect is Gold as a global economic change index. As traditional sources of value and growth become less predictable, gold's attractiveness increases as an eminently fungible store of wealth.
But maybe they do understand, and really very well, but they would be the last to solicit responses which might highight and aggravate this highly significant mega trend of the decade, a trend which challenges the very existence on the whole ponzi paper scheme
If they fail to cover it, they don't understand it. Same difference with regard to how it impacts their readers. You're saying they're maliciously concealing the story. I say yes, but only the part that they understand. The facets that they and most of the MSM fail to see contribute to their denial. They still believe it's a fad and analyze gold as an investment the same way they do for Lululemmon.
Why is the one at the top of the stairs to nowhere the only one with arms crossed all closed minded and arrogant like?
Play nice. I'll speak with you. Yen
I'll play nice once Mr. Know it all realizes the evil of his ways and jumps seeing how no-one at the pearly gates up there in those clouds will let'm in.
That felt good.
Are you ready to talk? YEN
No need for QE3, Fisher says...
Qe#3 is functioning. CDAD called it on Monday. Buy backs, that mean nothing! yen
Extreme events, such as the collapse of the sub-prime mortgage market and ensuing fnancial crisis, did not fgure in most investors’ probability distributions.
Thank you Doctors. And your fucking co-horts at Moody's and Fitch saw to it most investors anywhere within cow-swinging-distance of an MBS origination wouldn't with gleeful abandon.
It's safe to assume, that we are on the same page.
The cover or 30? I have issues with this at front and back. Can't possibly be any good meat in the middle.
Speaking of Meat, is BNY Mellon hiring?
He won't have to relocate.
Meat head! Grow up!
Well, thanks, Economist Intelligence Unit. Now safe to say that none of "...these 14 potential adverse developments" is the Big One - the unpredictable one that will topple this fragile edifice. Fourteen down, how many to go?
QE succeeded resoundingly in 1 area: preserving the status quo AKA the rot. Sooner rather than later, that decision will need to be made once again.
The QE tango:
1) QE1: Floor under US banking, some help for international banking
QE2: Floor under western banking/sovereign debt (lots of EU helping, stealthier than 1)
3) QE3: Stealth support for global ponzi. Hot money only. Short horizon, fast moving. It will not look like anything, so will be hard to pin. In fact, it might already be in "effect".
Or such is how I see it. Market support is a small part of the real show.
#25 is missing ? far Left ,top in blue
Ben Bernanke apologises to the starving World for believing QE does not create massive debt through fractional banking. He now has come to the conclusion that digital money isn't worth the paper its printed on.
gold star! gold star! you get the gold star of the day award
I won't junk any person on this site. EVER! I will put my fist through a skull!
Yes, I just Junked you for being an idiot and I am talking a Pure Idiot.
Listen, do yourself and everyone else a favor and stop throwing out your ridiculous little brain farts.
Either, you are a child in a 45 year old mans body (in very bad shape I am sure) sitting around drinking whiskey and throwing in your 2 cents, which is a bunch of freaking nonsense.
You are just a Pure Baffoon with the IQ of 65 (this would also be on the high end of the curve).
I junked you for being an idiot and many more are sure to follow. Listen Sanford, you would make a nice junk dealer, but that would probably be it. Peters principle would hit the ceiling at that point.
Thank you and have a nice week.
I assume this is a death throw. My IQ is well below your figure. !@$ last time I checked. ARE We good?
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