Reality

Tyler Durden's picture

Putin Targets US Monetary System: "Aims To Eliminate US Dollar From Trade"





Something is afoot as de-dollarization escalates around the world. With CNY/RUB trading volumes up a stunning 400% year-over-year to record highs, and hot on the heels of China's (and much of EM Asia) dumping dollar assets, Russian President Vladimir Putin has just unleashed a new bill aiming to completely eliminate the US dollar from the trade of goods.

 
Tyler Durden's picture

Sheep Led To The Slaughter: The Muzzling Of Free Speech In America





“If the freedom of speech be taken away, then dumb and silent we may be led, like sheep to the slaughter.” - George Washington

 
Tyler Durden's picture

Trump: The Art Of The Bureaucrat





A President Trump may be able to make small changes here or there, “But the setting of the bureau’s activities is determined by rules and regulations which are beyond his reach.” Presidents come and go, but the unelected bureaucracy always remains. For all his simpleton bluster, even the mighty Trump is no match for the leviathan.

 
Tyler Durden's picture

The Mark Of A Bear (Market)





The discussion of why "this time is not like the last time" is largely irrelevant. Whatever gains that investors have garnered during the recent bull market advance will be wiped away in a swift and brutal downdraft. However, this is the sad history of individual investors in the financial markets as they are always "told to buy" but never "when to sell."

 
Tyler Durden's picture

The Scariest Chart For Global Stocks





As QE3 came to an end, World Stocks plunged back to economic reality before The Fed's Jim Bullard promised 'moar QE' if things get really bad. Well things have got really bad... JPMorgan's Global Manufacturing PMI just dropped to its lowest since July 2013.. and the 'wedge' between economic reality and market perception is closing rapidly.

 
Tyler Durden's picture

A Layman's Explanation Of The Wall Street Rigged Casino Analogy





It doesn’t make sense to you. And it shouldn’t to anyone. Unless – they first go directly to the ‘house bar and media entertainment center’ that is always open and always free with spiked Kool-Aid™. It works better and is cheaper than actual liquor. It’s not actually a drink per se. It’s just hoopla and endless propaganda for the masses. That’s why it’s free and encouraged. It keeps everyone happy within the walls and enhances the experience, while simultaneously acting as one non-stop running commercial to entice anyone foolish to think they too can get rich quick. All legal by the way. The laws were adapted to fit the criteria.

 
Tyler Durden's picture

Peak Construction Spending?





Construction spending grew at 13.7% YoY in July. It has only grown at a faster pace than that once - at the very peak of the idiocy in Q1 2006. So that got us wondering... how is it that Construction Spending is surging as Lumber Prices are collapsing? (unless homes are now made of Twitter share certficates). The answer is simple - lag... and we have seen this picture before...

 
Tyler Durden's picture

WTI Crude Plunges 5.25% - Biggest Drop In A Month





WTI crude has retraced 50% of yesterday's ridiculous gains and is now down 5.25% from the NYMEX close yesterday. It appears everything is not so awesome again...

 
Tyler Durden's picture

Russian Military Forces Arrive In Syria, Set Forward Operating Base Near Damascus





According to Western diplomats, a Russian expeditionary force has already arrived in Syria and set up camp in an Assad-controlled airbase. The base is said to be in area surrounding Damascus, and will serve, for all intents and purposes, as a Russian forward operating base. In the coming weeks thousands of Russian military personnel are set to touch down in Syria, including advisors, instructors, logistics personnel, technical personnel, members of the aerial protection division, and the pilots who will operate the aircraft.

 
Tyler Durden's picture

Is This Man Responsible For China's Stock Market Crash?





Meet Wang Xiaolu, the journalist detained by Chinese authorities is being held responsible for the “chaos” in China’s stock market.

 
Tyler Durden's picture

Brazil Throws In Towel On Budget; Citi Compares Fiscal Outlook To "Bloody Terror Film"





"In the meantime, in our (un)beloved country, there is something scarier than Freddy Krueger: our growth / fiscal outlook."

 
Tyler Durden's picture

Guest Post: Stanley Fischer Speaks - More Drivel From A Dangerous Academic Fool





With every passing week that money markets rates remain pinned to the zero bound by the Fed, the magnitude of the financial catastrophe hurtling toward main street America intensifies. When the next financial bubble crashes it can only be hoped that this time the people will grab their torches and pitchforks. Stanley Fischer ought to be among the first tarred and feathered for the calamity that he has so arrogantly helped enable.

 
Phoenix Capital Research's picture

The Financial Times Joins the "Ban Physical Cash" Chorus





This is just the beginning. As Central Bankers grow more and more desperate in the coming months, you’ll see more and more calls for extreme measures such as banning physical cash or imposing a “carry tax” on those who remove cash from the system.

 
testosteronepit's picture

It Gets Even Uglier In Canada





Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels. 

 
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