The Aerodynamics Of Nihilism

Tyler Durden's picture

From Mark Grant, author of Out of the Box

The Aerodynamics of Nihilism
We live in a world now which may be described as, "Nothing Matters."

"Nothing matters until the day that it does and then everyone asks why it didn't matter before."

                                -The Wizard

The money pours in each month from America, Europe and Japan and overrides anything and everything else. With pre-payments and calls the estimated amount of money provided by the Fed for the world's monetary supply is approximately $100 billion every month. It is not just the American banks that are the recipients of the hand-out but the foreign ones who ship it back to Europe or buy European sovereign debt courtesy of Mr. Bernanke. I suspect that if the American taxpayers were aware of the scheme that the citizens would not be pleased but then what the Fed is doing is not generally part of polite conversation in America and so it is not discussed.
Yields on European sovereign debt are at incredibly low levels given the underlying economies. Europe trumpets the cause as renewed faith in the European Union but that is a highly unlikely conclusion. Again, it is the "Central Banks Effect" that feeds that stove of consumption and lowers yields, raises the stock markets and has created a world-wide bubble in every asset class on earth. The economies in Cyprus, Greece, Spain, Slovenia, Portugal, Ireland and Italy are all in serious decline but; "Nothing Matters."
The "Stalin Axiom" has taken over the world. It is not the data but how the data is counted!

The unemployment rate in America is not 7.7% but 11.6% if all you do is add in the people that have supposedly left the workforce. Did you think these people had retired? Gotten rich in the stock market and were making plans for St. Tropez this summer? Moved to Costa Rico for the winter? No, they have left the workforce because they are now on the public dole and those that are working are picking up their tab.
In Europe sovereign debt ratios do not include guaranteed liabilities, contingent liabilities and every asset under the sun is marked, "Risk Free." The problem, of course, is that many of these liabilities, oft times called "investments" by the Europeans, are now coming around for payment and the "not counted" does not change the "not paid," I can assure you.
Still, "Nothing Matters!"
The financial crisis of 2008/2009 was caused by Easy Money. Too much credit, too many undocumented loans, too much cash available that could be used for stupid schemes; this was the root of it. Sub-prime mortgages were the trigger but the core of the problem was copious amounts of cash that had to be utilized somewhere. The machine ran and ran and kept running right up until the day when it broke and then the good intentions were the pavers for Hell.
Now the world will not wake up. You may be assured of this. That is not how it works or will work. What will happen is that the world will be woken up. It will be a Wham-Bam type of moment that will spin the markets around on a dime. The frightening thing is that there is more Easy Money around now than before the 2008/2009 fiscal crisis. Way, way more capital available now than then. In the first fiasco the money was provided by the banks and now it has been provided by the Central Banks who have created it out of pulp and water but by any measure that you would like to use; we have more credit now than then in the system.
The most likely "moment" will not happen in the United States but in Europe. It may be a bank or a sovereign nation that can just no longer afford to pay its bills. The lure of Easy Money undoubtedly has a very strong appeal but there are always consequences for its use. Just because a great many liabilities are not counted in Europe does not mean that they do not have to get paid. There is the rub and it always takes some time to boil to the surface.

The pot is on the stove, the water is boiling. Soon the top will get blown off and people will pay attention. In the meantime enjoy the ride but be smarter than the mob and remain prepared for when the ride comes to its startling conclusion!

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88888's picture

Nihilists lol. Whenever i hear nihlism, it reminds me of the big lebowski

prains's picture

i need a white russian



stinkhammer's picture

Smokey's got emotional problems....You mean beyond pacifism?

mofreedom's picture

Conscientious objector my ass, smokey was a pussy commie.  Nobody f's with the Jebus.

Nothing "else" matters:

toys for tits's picture

 No, Donny, these men are nihilists, there's nothing to be afraid of.


I guess we're all thinking the same way today.

akak's picture

Nihil novi sub sole.

mick_richfield's picture


Credat Judaeus Apella, non ego.

Frank N. Beans's picture a blind man walking towards a cliff, with no knowledge of the cliff....

NotApplicable's picture

Worse than that. Many blind people would hear the lack of ground echos in front of them.

lotsoffun's picture

well - the one's that survive

whoknoz's picture

I always rememer JFK pulling all sorts of financial tricks to keep from being the first President to submit a $100 billion we toss that kind of $$ into the air every month and who cares where it lands?

...this cannot end well...

WillyGroper's picture

Costa Rico - Bwhhhaaaa  Freudian slip?

timehill's picture

I know this may sound strange, but why can't Bernanke and the FED be sued as the FED is NOT a federal agency and they are, in effect, taxing the American taxpayer without representation for the benefit of the biggest banks.  Didn't we fight a war over that at one time?

NotApplicable's picture

Why do you act as if wars and laws are valid justifiers of any action?

Besides, even if they did, Fed critters are on the board of the BIS and are fully immune from prosecution from any agency on this planet.

If you're looking for justice, you'd better hope those Martians are benevolent.

toys for tits's picture

Didn't you hear, dude?

Bernanke is a fucking expert on the Great Depression and he promised Friedman that he wouldn't fuck up again.  So this shit can't be his fault since the mother fucker can't lie.  It must be all of our faults.

What a crock of shit.  I am going to start not giving nary a shit nor fuck.  Nihilism is starting to appeal to me.

Urban Redneck's picture

Can a nihilist even have a right to exist?

Too bad the people who will have to liquidate them in order to restore balance aren't nihilists...

DosZap's picture

Besides, even if they did, Fed critters are on the board of the BIS and are fully immune from prosecution from any agency on this planet.

Maybe so, but they are still answerable to the PEOPLE.


Binko's picture

We can't sue the Fed any more than the Colonists could sue the British Crown. 

When a people are abused and enslaved they can't go their Master and say "Massa, can I please use your courts to make you pay for your bad behavior?" They have to rise up and assert their natural rights. If they are too timid to do so then they will continue to live in servitude. 


mick_richfield's picture

We need to start using honest money.


public-key encryption, payments denominated in silver and gold, clearinghouses audited monthly?

And if anyone comes to say "You can't do that."  -- arrest them and try them for treason, publicly and loudly.


Trampy's picture

Yeah, as long as the masses remain complacent--which is as long as they have food--it's just an occasional shooting or stabbing episode when an individual is pushed to their limits.

All the recent talk of having a consistent database and mandatory reporting of "those who might pose a threat" in order to interfere with their right to bear arms is very scary. 

Peeps with TS and higher security clearance submit a SF -86 Questionaire for National Security Position every five years or sooner.  Guess what effect this box has on all those millions of people.  Sooner or later one of them is going to blow the whistle on all the crimes committed by our government. 

Medical Record

- Any consultation/treatment with health professional for mental health related condition during last 7 years. Name, address, and telephone number of provider.




Ivanovich's picture

Yeah yeah.  Soon soon, any day now, just you wait and see, it's coming, I promise.


Sick of this.

lewy14's picture

It's not coming.

Think about this: is North Korea susceptible to a financial crisis?


Effectively, We Are All North Koreans Now.

Cyprus was a template - notice, no contagion.

Lehman was not a template. AIG was a template.

QEn, LTRO, Abenomics - these are templates.

A large enough sea of liquidity will drown every "crisis".

Yes, this will create crisis for ordinary people - but we know they don't count.

The recursive power structure that is {Governments} <-> {Banks} has achieved perpetual stability.

Governments spend "currency" into existence by handing it out to the unproductive, for the productive to service and scavenge from the unproductive, to extinguish the tax debt of the productive - and for the productive to spend the remainder quickly, as it will devalue just as quickly.

Closed loop.

This government scrip is, even now, right in front of us, becoming unsuitable as a denomination for any kind of investment. Productive assets are bid to the moon and unproductive assets crash to the ground. The connected stay that way, the unconnected see their wealth slowly bled out. No scandal; we are told and will be told again and again that savers are "hoarders".

Everything for the State. Nothing outside the State. Nothing against the State.

Where, in the current scope of polite conversation, of acceptable opinion, of political correctness, are the limits to the power of the State circumscribed? 

Nowhere. Not on Wall St. Not on Main st. Not on Madison Ave. Not on Pennsylvania ave.

The only store of "security" that people will be able to accrue will be their reputation - for subservience.

Kinda like North Korea.

prains's picture

Where, in the current scope of polite conversation, of acceptable opinion, of political correctness, are the limits to the power of the State circumscribed? 

Nowhere. Not on Wall St. Not on Main st. Not on Madison Ave. Not on Pennsylvania ave.


ZH is about the only place, and the conversation veers away from polite pretty quick but you have a legit point, thanks

Unique Snowflake's picture

That's the attitude Skynet took to John Connor, and look how that turned out. We can dream that one day the force outnumbering the enemy by a million to one will wake up and bring it.

lewy14's picture

Dream on.

The sleepers will stay asleep. Look at the math literature on graphs and cascades, as applied to social networks (real and virtual)... then look at the writeups on how campaigns use data science these days.

Realize there will be no cascade. Evah. The PTB have control rods in the pile; it will barely go critical, let alone run away from them.

Wonder what the inside of a "FEMA camp" will look like. Look around, and realize that you're looking at it.

prains's picture

movement thru the apparatus has to be too small to notice but the result, too big to forget. Evah.

Blue Dog's picture

The Fed is bailing out foreign banks too. It may be a long time before we know the full extent of it.

q99x2's picture

It matters still but no one has been able to get past Eric Holder to enforce the law.

MarsInScorpio's picture



What do you expect from a Black Racist AG whose law partners run a white-collar (make that Corporate Officer/BOD since white is now a poltically incorrect term to use for anything) legal defense firm that is picking up business every day from the criminals that are now - courtesy of Holder - TBTJ (Too Big To Jail).


The Black Racists at DoJ now run the show - and if you are black, you are immune from prosecution, whether it is financial criminality (Al Sharpton), or being an extremist Black Racist (New Black Panther Party) putting out a solicitation for murder of a "white" Hispanic. (As opposed to a black Hispanic, a brown Hispanic, a yellow Hispanic, or a red Hispanic.)


Black and Hispanic Racism are now the only two culturally promoted forms of racism left in America. The racist laws that they promote -- hiring on the basis of race, firing on the basis of race, enrolling on the basis of race, promoting on the basis of race, lower standards on the basis of race - everything that meets the definition of racist (when people are treated positively or negatively on the basis of race, is racist by definition) is permitted if the racist target is positive for blacks and Hispanics.


America's leadership is totally corrupt. People get FOMC Minutes before anyone else and not a word is spoken. The FED puts out more USD in eight months than the Stimulus Package put out in a year and not a word is mentioned. The current president told the world for 16 years that he was born in Kenya in his official literary agent's bio, and again when he ran for fthe US Senate in IL, changing his story only in April 2007 so he could run for president - not to mention he was disbarred for lying on his Bar app, and his wife was forced to give up her law license because of pending criminal charges against her for insurance fraud, and not a word is mentioned - in fact, if you do mention these things you are treated as if you are the whack-job rather than the psycho MSM that refuses to mention the truth, purely for racist reasons.


There is nothing you can do about the system because it is too big, too powerful, too ruthless, too murderous, too entrenched, to do anything about it. All you can do is try to save yourself.


Like it or not, we are, in fact, at a nihilistic point in history - because even if you care, you can't effect a makeover of the amoral, psycho-sociopathic degeneracy of the elites.


"Save yourself from this untoward generation" never rang truer than it does today.



Vooter's picture

The American people need to make a conscientious effort to poison the national well, however and whenever possible. Termites can take down a house as effectively as a fire--it just takes longer. Get chewing...

Stuck on Zero's picture

Yeah, but a beer in the hand and ribs on the barbeque are still great.


EvlTheCat's picture

People need to spend two weeks on a farm in Colombia to figure our how stupid the rest of the world really is.

TheMerryPrankster's picture

What sort of a farm? seems like it would be awfully difficult to get 7 billion people on a farm in Colombia. Can't we just mentally buy the farm and hire one of our other personalities to run it while we drink ouselves into a stupor and pretend we don't care for a moment?

Hongcha's picture

Nihilism; or perhaps opiated bliss as the morphine flows through the plunger; the administrator and patient are one.  The addicts have taken over the clinic!

What is happening, this volatility, is unnatural and something wicked most definitely this way comes.

Bought some gold at the close, could not resist.

Seer's picture

"What is happening, this volatility, is unnatural"


WTF do you think is going to happen when growth stops.  Growth, after all, is what it's all based in/on.  No one wants to acknowledge this, that there cannot be perpetual growth on a finite planet.

Expecting stability out of a physical imbalance, come on!

When things start looking so horribly wrong one ought to start questioning the premise...

Bicycle Repairman's picture


Economic systems based on fractional reserve banking failed long before the "age of physical limits".  The system has it's demise built into it.  It is inevitable.  Citing physical limits is simply a cop out. 

"It isn't the system.  It isn't the bankers.  We just ran out of stuff.  Couldn't be helped." 


Unique Snowflake's picture

Volatility is simply the manifestation of the collision of an immovable object(economic reality) with an infinite force(fiat). It's inevitable. As are the MSM lies explaining why it's here)


As for growth...simply depends upon how one defines it or what units it's measured in. Of course production of real/tangible assets cannot grow forever, but GDP isn't measured like that now, is it. Bullshit GDP measuring how many times I give myself a dollar and back will fool the herd much longer than we wish to believe. The illusion of grown will keep them sedated for a while yet.

Trampy's picture

If you let an addict have an unlimited supply of their drug of choice at no cost, what is the inevitable result?

Yes, the money addicts have a central (bank) i.v. line of unlimited margin, er diacetylmorphine mo betta than morphine.  And a chlorhydrate would be just as good as the diacetyl.

But what about all the world's proles with Stockholm syndrome who willingly vote the bums into office, pay taxes, and send their kids to be cannon fodder?  Seems to me that they're either insane or made into zombies somehow.  And I know it's not the Flouridation because I use Gel-Kam for my teeth.  Why hasn't their madness infected ME?

After seeing how the Cypriots are no different from anywhere else where not even a cattle prod is needed to make them bend over, I feel like I'm living in a huge mental asylum and the lunatics are running the asylum  ... only I'm one of the maybe 1% who has the sanity and intelligence to see that Hunter Thompson was more right than any of the talking heads in what he wrote for ESPN on September 12, 2001 :

Word is that he was working on a book about what really happened on that day of infamy, which he seemed to be sussing out at 24 hours, but we'll never see it published because he supposedly committed suicide.  How convenient!

... We are going to punish somebody for this attack, but just who or what will be blown to smithereens for it is hard to say. Maybe Afghanistan, maybe Pakistan or Iraq, or possibly all three at once. Who knows? Not even the Generals in what remains of the Pentagon or the New York papers calling for WAR seem to know who did it or where to look for them.

This is going to be a very expensive war, and Victory is not guaranteed -- for anyone, and certainly not for anyone as baffled as George W. Bush. All he knows is that his father started the war a long time ago, and that he, the goofy child-President, has been chosen by Fate and the global Oil industry to finish it Now. He will declare a National Security Emergency and clamp down Hard on Everybody, no matter where they live or why. If the guilty won't hold up their hands and confess, he and the Generals will ferret them out by force.

Good luck. He is in for a profoundly difficult job -- armed as he is with no credible Military Intelligence, no witnesses and only the ghost of Bin Laden to blame for the tragedy.

OK. It is 24 hours later now, and we are not getting much information about the Five Ws of this thing.

The numbers out of the Pentagon are baffling, as if Military Censorship has already been imposed on the media. It is ominous. The only news on TV comes from weeping victims and ignorant speculators.

The lid is on. Loose Lips Sink Ships. Don't say anything that might give aid to The Enemy.

GOSPLAN HERO's picture

Nihilism is an essential element of National Socialism.

NihilistZero's picture

No.  A "National Socialist" would disavow Nihilisim as an intellectual movement.  Nihilisim says life has no inherent meaning.  If life and all that it encompasses has no meaning, how is that compatible with goose stepping facisim?  Facisim requires a statist dogma that is in direct opposition to Nihilisim.

Seer's picture

I have to laugh at all of this.

"Men argue, nature acts." - Voltaire

Nice try, perpetual growth on a finite planet!  Ha ha!  Dumb humans!

The Second Rule's picture

Correct. Way too much word salad on ZH. People throwing out terms, mixing and matching them, without knowing what they really mean. Like some college freshman thinking he is clever by looking up words in a thesaurus.

TheMerryPrankster's picture

Does a clock ever really know what time it is?

The Second Rule's picture

No. Of course not.

[back across the badmitton net] Does a human being ever know what consciousness is?