DB is the proverbial “canary in the coalmine” for Europe. Perched atop one of the largest derivatives books in Europe, DB has ties to most major financial institutions in the region.
Diving into some of most burning questions on gold, USD, the yen, China, and more
The ever-encroaching 'might' of the government - or perhaps, put another way, the ever-decreasing need to be gainfully employed or productive...
I will gladly pay you on Tuesday for a FEMA camp today.
Happy birthday... Hitler?! Jeeeze.
Later tonight will be the anniversary of Obama saying he killed Obama... where are those pics?
Keynes: "Gross Domestic Production = Borrow from the future and spend today + interest"
Yet somehow rates are at historic lows.
If we truly are turning Japanese, could rates stay low until 2027?
It's suicide if we don't keep them low.
So you would rather our children become slaves to debt? I say take the big pain now, as we would be able to stand it. Yes, it would be terrible, but can you imagine what is in store for future generations? Alas, I think we have passed the point of no return anyway, the games are afoot and there will be much pain for everyone.
the central banks will suppress the interest rates until they can't. the transition will be chaotic.
The sooner the better, nevertheless.
BRICS Nations Plan New Bank to Bypass World Bank, IMF
Man, I don't know if we can afford to go and liberate all of those countries.
The treasury bond market's only purpose is to funnel printed money to the government through Fed purchases and to the banks through rigged trading. I am not sure it ever has to drop as long as the Fed is prepared to accept hyperinflation.
You are so right. We the few who would not take our children's further for our self's.
The money changers don't give a shit about our kids. Their kids will be Sea Dooing off the Hamptons when our kids are hoping to get jobs fixing their Sea Doos
sorry, those jobs are earmarked for offshoring.
Only the pols and crats of government and the bankster elites could steal everything, our souls included, and the future too. hujel
The fatal flaw is Government is included in Production. It should be in a separate category: GNR-
Gross Domestic Reduction.
Mathematics will soon enough kill this game. All private sector productivity increases are confiscated by government.
Wait - I thought we were supposed to think of the children. Even cretinous little bastards don't deserve this mess.
I will gladly pay you on Tuesday for a FEMA camp today. - Wimpy The Fema Camp Gaurd
Will those be horse or rat burgers in the kamps?
"King Rat" burgers, maybe?
Rat burgers will be top shelf. You will wish you got to eat that well. The menu will consist of shit sandwiches, and rat might be on special every now and then.
How do you like your rat-tinis sir? Shaken, not furred...
A guy in a bar stands up and says, "All bankers are assholes." Another guy stands up and says "Hey...I resent that..." The first guy says, "Why? Are you a banker?" The second guy says, "No. I'm an asshole."
Optimist: 'in the future, we will all eat shit'
Pessimist: 'I am afraid there won't be enought for everybody'
due to expensive government studies at least we can eat "calm rats"
A choice ?
Depends what day of the week it is.
Sundays is Soyalent green.
+1 for Soylent green
I especially like the Rich Bastards Soylent Green Sandwich. Remember: End World Hunger. Eat the Rich.
BTW, if we're gonna print $, give it to the Former Middle Class, they'll spend it and VOILA, Growth!
In the book the film was made from it would be a juicy soylent steak.
I will gladly pay you on Tuesday for a FEMA confinment loaf today.
There fixed for you.
Gotta hand it to Whimpy! Problem is he wont be able to pay you on thursday!
It is in governments nature to expand to the point of collapse. Their day is coming.
To govern means to control. Those who are drawn to government crave control. Like Bloomturd.
What could possibly go wrong?
Those who crave control should never be allowed to have it.
That's how it works for Christian Orthodox priesthood.
Like bacteria they feed until the growth medium is completely exhausted, then comes the population crash.
hello I am from the government and I am here to help
The irony there is that he increased government expenditures by more than any president before him except Roosevelt. He was indeed there to help... defense contractors and banks... hmm, why does that sound so familiar...?
There is also an irony in the fact that Abraham Lincoln was the first American dictator who destroyed the 10th Amendment. But we can't let details get in the way of good urban mythology...
Yes, King Abe I of the American Empire.
but... but... he fought to free the slaves! He's fights fo' freedumb!
Not saying Reagan was perfect, but those of us old enough to remember it well will recall he was dealing with a Democratically-controlled Congress who declared his budgets "dead on arrival."
The Dems even went so far one year as to rush Reagan's budget to the Capitol in an ambulance where they had a mock-doctor examine it and declare it DOA.
[P.S. he added $2 trillion in debt over 8 years; we won the cold war, and the country emerged from the 'double-dip' recession into the growth of the 90's. Obama has added over $6 trillion in debt over 4 years, and we're still mired in recession.]
To give Reagan some benefit of the doubt, he did try to go back to the gold standard. Volker talked him out of it. But Reagan was complicit in the $Trillion print-fest that began the endgame of the Federal Reserve system and those who loot by way of it.
Edit: @poolshark - Reagan is an excellent example of how a good man can never reform a system under dishonest money. Debt-backd fiat can ONLY result in a corrupt society and system.
I'm of the opinion that it was Hinckley's bullet that dissuaded him from pursuing a return to the gold standard.
One more Reagan comment. His leadership regarding the strategic defense initiative, while expensive, is what today's missile interception technology is based on.
Imagine if Kim Jung Un threats carried some weight because his missiles couldn't be shot down.
"One more Reagan comment. His leadership regarding the strategic defense initiative, while expensive, is what today's missile interception technology is based on."
ICBM's Beavis, not home-brew bottle rockets from Gaza.
pie in the sky dreams on a pressure cooker budget.
Those pressure cookers can blow up in your face quite easily.
I think that bullet dissuaded him from doing a lot of good things.
The cold was always a war against the '3rd world' and it never ended, just re-branded. There was no peace dividend.
Ike warned us in 1961
And to the claim of 'winning' the Cold War. Has there ever been an Empire that hasn't collapsed itself from within? Noboby, no ideology, no external force has destroyed us - that honor falls square on the control freaks, criminals and a political system bought and paid for by MSM opiates and fiat heroin.
Technically couple of empires were conquered, like Byzantine empire.But there was a lot of infighting before, which helped collapse.If they would get couple more capable emperors, they may very well survive few hundreds years more.
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