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Tomorrow, tomorrow! It's always tomorrow....tomorrow is only a day away.
There is no 'down'.
As a big fan of yours, I want to know your opinion on a hypothical situation.
If the US were to default, wouldn't the FED that is holding the MBS bag and an increasing share of Treasaries, have legal claim , ownership of the real estate at the bottom of the MBS bag of bullshit? And claim to US infrastructure , as a result of the bag of Treasaries they are holding?
The Fed encourage us to bloat out Freddie and Fannie Mae in the 70s and 80's. Now they are bailing us by buying all those properties. Kicking the can the road, while they get paid commission fees.
But ultimately when the dollar collaspes, or US default, they will be holiding the assets for the forign banks that they really represent?
So, Bernake may not want default this minute, (raise the debt ceiling, NOW) but the FED has planned(ENDGAME)0 for the US to default,
and if needed they will raise interest rates to make it happen.
In comes the currency/system/chip
And meet the new land lords. Same as the old Land lords?
Though I am not Tyler, and never played him on TV, I would say: how fast can the Bernank & Co. run from the mob of torches and pitchforks? You seem to believe there is Law that circumscribes behavior...
Bernake flys off in the chopper while the media spins it as you guys couldn't figure out your fiscal/ budget issues.
Or you guys didn't change the TAX CODE in time.
Or the war , or the Chiense dumped their Treasarys,
Or Wiki Leaks. Plenty of scape goating.
Or you guys didnt raise the debt ceiling.
90% of Americans will not know the true enemy, even after they have been captureed.
Futher more, as heard on the Bernake testimony today, German, French and Swiss banks were given TARP money.
What is wrong with this? Forign banks getting paid because they have local addresses?
To the bankers, soverignship does not exist. As a country, you are just another borrower or corporation.
But the spin/blame will always be bak to the nation/state and their policies.
Who wants to own a giant pile of burning domeciles?
While I disagree with a lot of what u said, I like your thinking. Well done :)
If Germans would get with the program and btfd maybe they wouldn't be so angry all the time. bitchez.
Dude, the Germans are the some of the biggest sheeple in Europe. As a jew, I find them to be disgusting. Same goes for the Zionists and left-wing globalists who run the economy just about everywhere (especially Israel). You can bet they are buying the dip with bothe hands and will get their asses handed to them in the end.
There is no middle class in Germany anymore
well thank you
you must be a honest jew
A HONEST JEW!
Wow that is some disgusting stereotyping right there. Bravo champ.
Speaking in terms of "German" or "French" or "American" makes no sense. These national/soverign boundaries do not exist in the eyes of the people that rule over us.
Not true. You have taller and more blond people in northern than southern Europe; people in Portugal have bigger ear lobes than in Spain; in Brazil a given foetus is slightly more likely to turn out to be a girl than a boy: this is all due to genetics. Genetics can also explain the way people have interacted and bred in the past and can account for the way people act and think: have you ever talked to someone from Brussels? Dude, step across the border into the city (which is actually a kind of country with its own ministers and separate lobbyists) and it's as though you have stepped into a zombie movie.
from what u are saying i guess you are some fuckin retard living in iowa.
I don't know if he's in Iowa, but I believe you got the rest right. Sadly we have to put up with individuals like that agent provocateur.
Nope, I'm a professional web designer living in Switzerland. I have a Patek 5960 on my wrist and I'm waiting delivery of a Honda racing motorcycle. So no Iowa retard here.
Any Nazi gold lying around...you sound like you would know?
I only know 2 or 3 people who work in finance here so I wouldn't know more than the average Zerohedger about that. Switzerland is no more of a tax haven than Delaware or Belgium. Look at the way the politicians caved in to Hillary Clinton on that issue. The last traces of the real Switzerland disappeared in 1999.
aren't we a snooty chosen one eh?? my grandfather's old pocket watches look better than your overpriced wrist turd
Maybe so, but who wears a pocket watch nowadays?
you just inspired me to carry around his old Hamilton miltary model 23 - its been through a world war so I doubt I will break it. i'd hate to scratch his others
No, you're a Swiss retard...I bet you got the Patek by acting as a fluffer at Davos.
the Germans are the some of the biggest sheeple in Europe.
Years ago, I used to live there, working for my uncle and I was impressed.
Now, I meet Germans and most are as dumbed down as 'mericans.
Politically, they're still an occupied country and have to do what they're told.
I don't know about the disgusting part though. They're usually nice people IMO.
And while sentiment on Europe has largely normalized lately, the truth is that nothing has been fixed.
And its fixed here?....weeeeeeeeee!
As the euro resumes its fall due to this crisis, it will drag equities with it just as it did in April - May 2010. I would not buy that dip unless / until the market turns back up upon the announcement of QE3....
But I heard "52-week high" about every 45 seconds on cnbc today.
43.2 seconds, to be exact...
Repetition is the key to programing.
Ending the piece with the same words, crucial.
A casual give and take between expert and lay person. Priceless.
Just ask NPR/Soros
I hear Madame Sosostris is working for the Fed.
As heard on the Drudge today.
NYSE to merge with German Stock Exchange.
Whats next? The Fed merges with the Bundsbank?
In spite of a bad cold.
Ha I noticed they retermed the PIGS to GIIPS. Now that some sure enough lipstick. Add on Eygpt, Algeria,Tunisia and Saudia Arabia and see how the PIGS find something to EATS. This little piggy had roast beef, this little pig had none. The Pee Little Thrigs. I will huff and Ill puff and.............................................
Until I sell out my media empire for $315 million dollars, because everyone has a price. Huff and Puff you prostitute.
My name is.................
It starts with an "A"
I saw that too - what a buncha crap - PIIGieS is much better and much more appropriate - if it looks, eats, oinks, and rolls in shit like a pigg - it's a pigg
All we need is for Malta to go tits up, then we could call them the GIIMPS.
The Euro at 1.37 ... why isn't this short a slam dunk?
Same here, but we could see 1.42 before 1.32
Mice probably think the same thing when they find cheese in dark corners.
Perhaps the USD is a slam drunk, hit by that SUV Escalade driven by a 69 yr old baby boomer.
Its who gets to the cliff sooner ... I'll pick the 25 year old in his BMW any day
The USD short is a slam dunk.
Bye, bye dollar.
Hello, he Credit/chip or SDR
But how do you collect the USD short when the USD is worthless?
You better trade from abroad, I hope!
Yes, but it's all about timing isn't it?
Euro at 1.35 2/10 ... timing ... on pm of 2/9 all hell broke loose and risk off became the watch word ... WS, silver, gold, euro, and oil hit the skids ... all recovered except the euro. Slam dunk at 1.37, timed right.
what I charted all the crap out i get about march 7 as a big day. but being a smile minded fool I refuse to believe the stuff is fixed in advance, stupid me
"And while sentiment on Europe has largely normalized lately, the truth is that nothing has been fixed". Catch 22. If nothing is fixed, why has the sentiment normalized?
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