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I would really love it were the world past this fiscal crisis and/or depression but I just don't buy it because it would illogical to do so. (Disclaimer: I did study formal logic at the university level and loved it).
From the beginning of the crisis and before, some were warning of the risks major banks were taking and the ramifications of those risks, which emerged in 2008. Jesse from http://jessescrossroadscafe.blogspot.com/ stated often that in order for recovery to take place, the "bezzle" would need to confronted and dealt with. Has it? In my opinion, no. All those toxic assets are out there - somewhere. I know Denniger is not popular on this site (I'm curious to know why) but he has an interesting article on the amounts of collateral the banks put up for the various Fed programs:
I'm not an accountant but even to a layperson this looks like it invites further investigation.
Now my bullet list:
And yes I can provide links for all of the above but it really is time to start figuring this out for yourselves (as most ZHs have done).
Wrong blog bro. Rainbows and Unicorns blog over there...
Hmmm. What all your charts say to me is the peak in the data occurred in spring 2010. That makes a lot of sense as it would coincide roughly with the monetary and fiscal stimuli from 2008/9 having run their course. Moreover, w/the bank lending channel effectively shut, for that time, there's no prospect of a credit multiplier (so any given stimulus is even less effective than it normally would be). So we get the first wave down of the post-stimulus hangover in late spring/early summer 2010, followed by a natural bounce. Now comes.....?
QE2 so far is playing out as expected, as pre-launch expectations that it would be inflationary are being confirmed by the first early post-launch signals. First is M1 growth going gangbusters. Second is foreign central banks being crowded out of the Treasury market. For the past two weeks they have collectively slightly reduced their holdings in Fed custody, in sharp contrast to their $20b/week gobbling up of Treasuries from mid-August to mid-November (perhaps hastened by attempts to frontrun QE2, which were overdone and so didn't work out well, or perhaps by desire to stock up on Treasuries before QE2 crowded them out).
Billion dollar question of the month: what are the foreign central banks buying instead of Treasuries?
Sounds like A Fedphile.
Acts as if he is colorblind. Cant see what's really happening with the data or just being paid off by some Wall Street crooks for the disinformation being put out.
Meanwhile, 100's of human icicles forming in Georgia:
If America is a consumer society, don't look outside it and you will be fine.
The real problems are showing teeth in other "supplier" lands.
The Christmas hangover will be a real and reminding headache.
I don't trust anything the Rockefellers put out.
was ben shalom under oath?
not like that would mean anything anyway, would it?
i think he was and i think it matters. it is referred to
"In law and in religion, testimony is a solemn attestation as to the truth of a matter."
It's only a smoking gun if there are bullets in the chamber, and the US cartel made sure there is no ammo left.
No POMO! - dare to dream.
3 words about this article and the previous article - ABSOLUTE FUCKING DRIVEL........
You nailed it. IT'S DRIVEL ON STEROIDS
Believe what your eyes see...as long as you are seeing what the government/bankers want you to see. By all means don't under any circumstance use common sense or try to analyze where they got those fucking numbers from because you will either go blind or crazy!!!!
O.V. Wright ~ I'd Rather Be Blind, Crippled, and Crazy ?
Did you consider the Fed may be the only one desiring our debt and when interest rates rise back to normal levels the debt is unsustainable overnight.
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