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Thursday Humor: The JPY-Carry Trade In 22 Seconds

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Because sometimes you just have to laugh...

 

 

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Thu, 06/06/2013 - 16:01 | 3631181 NotApplicable
NotApplicable's picture

But wait, I just came here to post this as Thursday humor.

 

IRS official: Lavish conference followed IRS rules

http://apnews.myway.com//article/20130606/DA6ODH780.html

Laws are legal!

Thu, 06/06/2013 - 16:33 | 3631303 Stackers
Stackers's picture

I fart in your general direction you silly Ke-nig-its

Thu, 06/06/2013 - 19:56 | 3631801 Alexandre Stavisky
Alexandre Stavisky's picture

Like all the big movement trades, there must be devastating losses imposed upon the small traders until they are demoralized, BK'd, or pressed from the fray.  Examples:  US index flash crashes, bond gyrations, USDJPY and JGB whipsaws.  It is the financial EMPs which clear the hull, destroying the small fry.  Thereafter the big entities with government's kindly countenance may enter and all money creation is funnelled to its intended purpose. Markets of every colour and stripe now exist to serve LevIathan with a second propaganda feature which the small unwashed use as the wind indicator or mood ring direction finder.

In other words, the usury system we've renamed Ponzi and represents all who've MadeOff with unearned gains has reached its brownout phase.  Every legitimate enterprise, every secret sophisticated con, every surreptitious connivance of counterfeit has been so exhausted that the high order gov'ts must resort Open Lies and ugly behaviour in pure sunshine.  They put flying monkeys of spin doctors to counterdict pure math and convince the sub 120IQ crowd  that artificiality is sustainable reality.

Every nation state a field with some in flower, others in fallow.  15th century Chinese would have laughed up their sleeve to consider any western nation a presumptive contender for culture or technology.  The USA believes that land, structures, Potemkin markets, and bond/currency fraud are sufficient to create wealth.

Meanwhile their vassal, Edo, languishes as their energy plans are demolished, their markets sacked by other Asia, their debt and currency under seige like a fat bellied whale left defenseless to a pack of blood sharks.  This is why they have smoked through 10 finance ministers in six years.  It is because Japan is different.  Culture is unlike anything in the Anglo-American fabric.  They look forward but deeply back.  They revere the past, they revere their elders, they worship their ancestors.  And most reverent to uphold is the old social distinctions.  Nobles or warrior class who kept the peace, maintained social harmony, dispensed justice, and tinkered upon high culture to the farmers who produced the fuel upon which the entire nation's bellies depended.

Last was Eta similar to untouchables in the subcontinent.  Dealt with death, touched the dead, buried the dead.

Japan's latest crew of political assignees are ETA.  They are the new NokanShi.  See Departures (the movie).  They prepare (in the open eyes of all mourning invited) the body.  Ceremoniously, with deep dignity and beauty, unsparing of expense for robes, cypress coffins, every contrivance.  But they touch the dead, they prepare the dead for the send off.  They console themselves that they are gatekeepers sending the soul to its next existence.  But they are ETA.  Highly compensated, indistinguishable by cursory glance, but ETA.

Japan is Dead.  and Nokanshi are its leaders, now become ETA.  And the Anglo-American banking system is the furnace into which all this elaboration is tossed.  And consumed.  Producing nothing but smoke and ash and everywhere grayness where once was beauty and industry.

Since free market capitalism has been  abandoned, all is brownouts systemically with the worst effect and side symptoms masked by thin air money creation.

If freeloaders throughout the world began passing handwritten IOUs to further their indulgences, creditors would quickly put a stop to that.

How different then is it to take state printed goofy paper the same or worse?

Open air secrets in plain sight.  Build a better mousetrap and the world beats a path to your door.  The best mousetrap--FIAT.  Sub120 mice run to the cheese under the ever heavier backloaded spring in plain sight.  And never look up.

Thu, 06/06/2013 - 19:59 | 3631833 Errol
Errol's picture

Alexandre, nicely written!

Thu, 06/06/2013 - 20:15 | 3631876 jcpicks
jcpicks's picture

So, logically........

If she weighs the same as a duck......

Thu, 06/06/2013 - 17:03 | 3631408 Nue
Nue's picture

NAMBLA claims all NAMBLA rules followed during Annual NAMBLA Jamboree

Thu, 06/06/2013 - 17:44 | 3631507 OutLookingIn
OutLookingIn's picture

Now go away or I shall taunt you a second time.

Thu, 06/06/2013 - 18:33 | 3631577 Herd Redirectio...
Herd Redirection Committee's picture

So in the ongoing struggle to convey critical information to the masses, I have been trying to think of ways to describe the problems we face in the future in AS FEW WORDS as possible.  Here goes...

A choice has to be made between:

1) the continued existence of the government/status quo

or

2) the US Dollar.

BTW, the status quo gets to make the final decision.  Determine the most likely outcome!

Thu, 06/06/2013 - 20:47 | 3632008 kchrisc
kchrisc's picture

The internment of people in labor camps and the killing of millions upon millions of people by Nazi Germany was "legal" too.

It is and will be legal here too, in "the land of the free, and the home of the brave."

Now, is it "work" that makes one free or "working?!"

P.S. Any US intelligence agents that are reading this, please delete the records of my affair with my secretary. I don't want my wife or mistress to find out. Thanks a bunch, and if you are ever in the neighborhood, come on by.

Thu, 06/06/2013 - 16:02 | 3631185 JJ McApe
JJ McApe's picture

lol this is one of my favorite mp movies... lol

tim the enchanter = ben b. ? :D

Thu, 06/06/2013 - 16:15 | 3631231 ZerOhead
ZerOhead's picture

"Bring out your Fed.... Bring out your Fed..."

Thu, 06/06/2013 - 16:18 | 3631245 Manthong
Manthong's picture

Run away! Run Away!

Thu, 06/06/2013 - 17:11 | 3631435 Buckaroo Banzai
Buckaroo Banzai's picture

"No, on second thought, let's not go to Camelot. It's a silly place."

https://www.youtube.com/watch?v=AGvxoWytMig

Thu, 06/06/2013 - 16:32 | 3631297 Gene Parmesan
Gene Parmesan's picture

Your mother was a central banker, and your father smelt of quantitative easing!

Thu, 06/06/2013 - 16:44 | 3631345 Relentless
Relentless's picture

+1000 if I could

Thu, 06/06/2013 - 16:56 | 3631378 tmosley
tmosley's picture

The economy feels fine!  The economy feels happy!!

Thu, 06/06/2013 - 16:46 | 3631335 cynicalskeptic
cynicalskeptic's picture

Somehow the following seems so appropriate, maybe because the opposite is true of things today where it seems like there are Zombies everywhere - dead that can't be killed or simply won't die.

 

" I'm not dead.    I'm feeling better!      I don't want to go.....  I feel fine.... I think I'm goin' for a walk... I feel happy.... I feel happy....."   THUNK.

 

http://www.youtube.com/watch?v=Sh8mNjeuyV4

 

And at the end of the clip, the classic:

"Who's that?"  

........."Must be a king - he hasn't got shit all over him."

Thu, 06/06/2013 - 16:03 | 3631187 krispkritter
krispkritter's picture

It's all fun and games until someone loses an economy...

Thu, 06/06/2013 - 16:23 | 3631213 ZerOhead
ZerOhead's picture

It's not quite dead yet...

Thu, 06/06/2013 - 16:48 | 3631356 cynicalskeptic
cynicalskeptic's picture

But sadly, it really IS.   It's like "Weekend at Bernies"  - propping up a corpse and pretending all is well.

Thu, 06/06/2013 - 17:09 | 3631392 ZerOhead
ZerOhead's picture

Oh yes it is dead... but it won't be considered as such until it is officially declared by TPTB to be dead which of course it never will be...

The "It's not quite dead yet" is a spoof of the protestation of the "I'm not dead yet" peasant that was being loaded onto the wagon...

http://www.youtube.com/watch?v=Sh8mNjeuyV4

And "Weekend at Bernies" is an all-time CLASSIC.

Thu, 06/06/2013 - 17:36 | 3631496 negative rates
negative rates's picture

Plus he's having trouble finding the tombstone of Mr. is.

Thu, 06/06/2013 - 17:06 | 3631421 imbrbing
imbrbing's picture

Merely a flesh wound.

Thu, 06/06/2013 - 16:14 | 3631226 kaiserhoff
kaiserhoff's picture

Kind of like the self inflicted wounds of the ZH anti free speech code.

Lots of the adults seem to have gone AWOL.

Every form of oppression has its price.

Thu, 06/06/2013 - 16:34 | 3631307 Pure Evil
Pure Evil's picture

People may not be commenting but they're still reading.

Thu, 06/06/2013 - 16:59 | 3631387 kaiserhoff
kaiserhoff's picture

Seems to have lost the center of the country.

Everything from the Blue Ridge to the High Sierra.

Lots of folks don't like being insulted.  They also don't like sloppy socialism.

It proves Alistair Cooke's observation that New York is the most provincial little place in the world.

Thu, 06/06/2013 - 17:16 | 3631423 Aurora Ex Machina
Aurora Ex Machina's picture

I'd politely suggest GREPing my comments for a reason (Hint: Swiss / EU hard-core legislation).

If you look to the NSA "recording everything" posts, you might start to understand how comments on a blog can be used as legal weapons. If you really imagine everything online isn't logged in the same manner, then you're either a fool, a tool, or a useful idiot. At the very least, educate yourself. The war is being fought in milliseconds, by expensive lawyers, International Laws and so on. Trust me: the wilds of middle America is not where the real action is going down.

 

If you're too immature to understand this, then you're not an adult, so I suggest getting out of your paddling pool and swimming with the real sharks.

And some of us post despite this, 'cause reasons. Ceasing to post / read because some theoretical "Free Speech" ethos has been breached is about as stupid as it gets. Your worst nightmare might be the FBI asking some dumb questions (at which point you calmly say nothing & grab a lawyer): some of us will get V&'d for this sooner or later. (And worse - or do you not know about the multiple Black CIA torture sites around the world?) 

 

 

p.s. The junk says it all: wanker.

Thu, 06/06/2013 - 17:24 | 3631471 kaiserhoff
kaiserhoff's picture

Thanks for proving my point about New York, ilene.

It wasn't my junk.  I prefer honesty and open debate.

This seems to be where infinite paranoia leads.  My sympathy.

Thu, 06/06/2013 - 17:56 | 3631515 Aurora Ex Machina
Aurora Ex Machina's picture

And yet, you managed to address none (nada, zero, muppet levels of zilch) about my post, just add in some High School level of insult? Fuck me skippy, you're sorely missed. Tell me more about your adult ways.

Try harder: want to answer any of my points? You know, ZH not being hosted in 'Murica n all? This is a throw down now, so step up, step up, and play the game. And yes, us adults might be crying as we post this.

 

There's a breathless hush in the Close to-night—
Ten to make and the match to win—
A bumping pitch and a blinding light,
An hour to play and the last man in.
And it's not for the sake of a ribboned coat,
Or the selfish hope of a season's fame,
But his captain's hand on his shoulder smote
"Play up! play up! and play the game!"
The sand of the desert is sodden red,—
Red with the wreck of a square that broke;—
The Gatling's jammed and the Colonel dead,
And the regiment blind with dust and smoke.
The river of death has brimmed his banks,
And England's far, and Honour a name,
But the voice of a schoolboy rallies the ranks:
"Play up! play up! and play the game!"
This is the word that year by year,
While in her place the school is set,
Every one of her sons must hear,
And none that hears it dare forget.
This they all with a joyful mind
Bear through life like a torch in flame,
And falling fling to the host behind—
"Play up! play up! and play the game!"

Henry Newbolt on this memorial of D-Day.
Thu, 06/06/2013 - 17:58 | 3631531 kaiserhoff
kaiserhoff's picture

Wow, check the dose level on that medication.

OK, why not try HONESTY?

If the problem is and was a law suit in Switzerland, be honest about that.  There are plenty of good legal minds, and some people with actual political connections who would like to help.  If you know the whole world is out to get you, that's a self-fulfilling prophesy.  Telling truth to power, or at least humiliating power, used to be what decent journalism was all about.

Give the readership some respect.  Give truth a chance, and save some of those "millions" for WB7.

ROTFLMAO

Thu, 06/06/2013 - 18:36 | 3631570 Aurora Ex Machina
Aurora Ex Machina's picture

Again, you missed the point. I'm fairly good at honesty, if you want to play adults. You might want to do a GREP then do a fact-check. You might be surprised at the Future Reality Truth to them. Remind me when your "political connections" or "legal minds" (from deep in the MidWest) stopped war, please do. If you view ZH as anything but an extension of war, you're either stupid or being disingenuous (or, as I can smell, not a friend to ZH).

Again, as I'm contractually obliged to ask this three times, what does a minor warning that agrees with Legal Doctrine that isn't actually enforced (Francis is still posting) have anything to do with der Wille zur Macht, American Ideology of "Free Speech" or anything I've said? Can you give me an answer, before the Cock Crows?

Please tell me, (or do me the decency of actually addressing any of my questions) how some Middle American poster of average ability is going to influence one of the most powerful European Political Groups (again, do a GREP) or even match them for resources? If you can, you're probably not the droids we're looking for. Octopus, Octopus, Octopus.

And you know what, I was going to post the Yellow Submarine Animation, but all we found was this:

This video contains content from EMI Music Publishing, AdShare MG for a Third Party, Sony ATV Publishing, Apple Corps Ltd and EMI, one or more of whom have blocked it in your country on copyright grounds.


Guess what? Yep, the original animation can no longer be seen. Even though it was legally filmed a long time ago, but I guess a HD remake is all it takes. RetroSpective CopyRight again, Cunts. Oh, and for the record: your Monkey Tactics of Mental Illness Slurring doesn't work on my kind.

 

We don't suffer that kind of break down like you do, simply doesn't work the same way.

 

So... Fuck you.

 

Oh, and p.s.: Today was the memorial to D-Day, and some of us bothered remembering the dead (on all sides). If you're unmoved by the link after the famous Eton song, to Newbolt, and don't even understand why it was posted, you're not a predator, you're a cockroach. A parasite, even.

Thu, 06/06/2013 - 18:52 | 3631622 kaiserhoff
kaiserhoff's picture

After a few thousand comments, I have no idea how many, and recommending ZH to anyone who would listen for over three years I should qualify as a friend of ZH, but who really cares?

The free speech problem, since you asked, is that these things are always done from a PC lefty perspective.  There is never any threat or intimidation to anyone left of center, no matter how demented or radical.

I can't begin to parse the rest of that, so I'll wait for Boris' translation from the Russian.  Good night, ilene.  I hope some day you will learn to listen.  It has a calming effect that we could all use in these troubled times.

Thu, 06/06/2013 - 19:25 | 3631678 Aurora Ex Machina
Aurora Ex Machina's picture

Cock Crowed. Dawn, my favourite time.

Your problem is that you don't understand the world; you're speaking purely out of an American viewpoint, and you're ignorant to boot:

Less than two years after a monument was raised in Madrid to the 35,000 volunteers who joined the International Brigades to fight the fascist-backed forces of General Francisco Franco during the Spanish civil war, a court has ordered that it be pulled down. [Guardian 5th June]

Free Speech is constrained by both the Radical Left and the Right. Always has been, always will be.

It's about control, not ideology. And you're so ignorant, you don't even see it within your own society [hint, dear: It ain't about the Red or the Blue, read the fucking Patriot Act you muppet].

If you want it in Russian: here it is (hint: they're Russian, and there's a whole realm of Russian protest music you know nothing about. I won't post the Russian language stuff from multiple bands, you'll probably think the fucking Marxists are coming, even though they're all protesting against Putin and Old Skool Communism).

There was a test: you failed. Oh, and you're really lucky that the slurs on my mental health were so laughable. Spend two hours 1-1 and I'd break your tiny little mind in two. That's not a threat, it's just reality; my problem would be making sure I didn't do it by accident, if you need a reference. You're that fragile; imagine capturing a butterfly in your hand as it beats against your window, and trying not to break the dust off its wings or crushing it by accident while trying to set it free: that's your reality of Mind versus mine. You're. That. Insignificant. And. Frail.

 

D-Day, don't forget it. Here's Turkey tonight, bitch.

Fri, 06/07/2013 - 01:09 | 3632675 StychoKiller
StychoKiller's picture

Despite yer oversized opinion of yerself, you STILL have illusions you've not dealt with (on this plane of existence).  ALL is Maya.

Fri, 06/07/2013 - 14:24 | 3634669 Aurora Ex Machina
Aurora Ex Machina's picture

Implying that my replies are anything but art.

 

Interesting. Still, +1 for Maya.

Thu, 06/06/2013 - 22:28 | 3632379 logicalman
logicalman's picture

There's no glory in war.

War - rich old men sending poor young men to kill other poor young men so that the rich old men can get richer.

Both my grandfather and father paid dearly for WW1 and WW2 respectively which had a huge effect on my life too.

It's time for war to go extinct.

 

 

Thu, 06/06/2013 - 18:22 | 3631539 trader1
Thu, 06/06/2013 - 16:04 | 3631190 lolmao500
lolmao500's picture

So either I missed it... or ZH didn't do a post about Draghi saying that he's considering negative deposit rates???

http://www.fxmarketalerts.com/free/document.aspx?premium=1&codes=7d83a1f...

Eurozone: ECB Draghi - technically ready for negative deposit rates, but no reason to act
Thu, 06/06/2013 - 16:11 | 3631207 Ham-bone
Ham-bone's picture

douchebag CB'er says more bullshit and threatens pan-EU financial rape.  Duly noted.

Now move on to the clip of MP lobbing the holy handgrenade!!!

Thu, 06/06/2013 - 16:12 | 3631214 Al Gorerhythm
Al Gorerhythm's picture

Isn't that called a "bail-in"?

Thu, 06/06/2013 - 16:17 | 3631243 A is A
A is A's picture

Not if bondholders don't get wiped out first. Welcome to the new bankruptcy hierarchy..... "whatever I, omniscient politician, feel like doing."

Thu, 06/06/2013 - 16:38 | 3631296 ZerOhead
ZerOhead's picture

Negative deposit rates can be very beneficial for stimulating much higher rates of 'economic growth' in a collapsing formerly consumption-based economy.

Although administering an anal monetary suppository to the corpse of a constipated and gassily bloated financial system may have some unintended side-effects...

Thu, 06/06/2013 - 16:58 | 3631368 Nue
Nue's picture

Unintended side-effects like lack of sleep from having sleep on really lumpy matresses or frost bite from having get your grocery money out the freezer.

Thu, 06/06/2013 - 16:28 | 3631281 lolmao500
lolmao500's picture

Thanks

Thu, 06/06/2013 - 16:13 | 3631222 NotApplicable
NotApplicable's picture

Tyler ran the live webcast with a mention of negative rates earlier.

http://www.zerohedge.com/news/2013-06-06/mario-draghis-ecb-press-confere...

Thu, 06/06/2013 - 16:05 | 3631195 jbvtme
jbvtme's picture

they could have used glen close

Thu, 06/06/2013 - 16:12 | 3631217 Dr. Engali
Dr. Engali's picture

On second thought let's not go to Camelot, tis such a silly place

 

https://www.youtube.com/watch?v=AGvxoWytMig

Thu, 06/06/2013 - 16:13 | 3631218 AldoHux_IV
AldoHux_IV's picture

Big scawee deflation monster

Thu, 06/06/2013 - 16:15 | 3631232 medium giraffe
medium giraffe's picture

"Wee've already got wun!"

Thu, 06/06/2013 - 16:15 | 3631236 slaughterer
slaughterer's picture

Now I will always think of killer bunnies when I think of FX algos.  

Thu, 06/06/2013 - 16:19 | 3631250 Yellowhoard
Yellowhoard's picture

"You killed the free market!"

"Sorry, sorry!"

Thu, 06/06/2013 - 16:37 | 3631322 negative rates
negative rates's picture

I think it was Sir Robin that bit the dust.

Thu, 06/06/2013 - 16:20 | 3631253 nonclaim
nonclaim's picture

In other news: "Eric Holder Refuses To Answer If DOJ Monitored Phones for Members of Congress"

http://youtu.be/gbLX7_ezkK8

Thu, 06/06/2013 - 16:51 | 3631371 cynicalskeptic
cynicalskeptic's picture

How else do you get Congress to do what you want? 

This is nothing new. Cheney uh... Bush was expert at this.  Remember all the vehement opposition in Congress - often by Republicans  - who folded and 'went along' at the last minute?   No need for Watergate when you can listen in to all calls and read all e-mails..... You can get anyone to do what you want when you know the skeletons in their closet.

Thu, 06/06/2013 - 16:23 | 3631264 QE4eva
QE4eva's picture

It's just a flesh wound!

Thu, 06/06/2013 - 16:27 | 3631278 Misean
Misean's picture

Perhaps if we built a large wooden badger...

Thu, 06/06/2013 - 16:29 | 3631286 eaglerock
eaglerock's picture

It's not the size of the bunny in the hunt, its the size of the hunt in the bunny. 

Thu, 06/06/2013 - 16:37 | 3631320 ZerOhead
ZerOhead's picture

Well said...

Thu, 06/06/2013 - 16:35 | 3631308 Flakmeister
Flakmeister's picture

Wow, who ever woulda thunkit...

http://www.sciencemag.org/content/340/6133/707.abstract?sid=5716e79a-b2e2-4e00-8bd2-af10e136ed6d

We present controlled experimental evidence on how market interaction changes how human subjects value harm and damage done to third parties. In the experiment, subjects decide between either saving the life of a mouse or receiving money. We compare individual decisions to those made in a bilateral and a multilateral market. In both markets, the willingness to kill the mouse is substantially higher than in individual decisions. Furthermore, in the multilateral market, prices for life deteriorate tremendously. In contrast, for morally neutral consumption choices, differences between institutions are small.

Thu, 06/06/2013 - 16:42 | 3631336 Skin666
Skin666's picture

"By what name do you go, o mighty enchanter?"

 

"Tim"

Thu, 06/06/2013 - 17:20 | 3631466 Cult of Criminality
Cult of Criminality's picture

Well done

We did laugh,...thanks

Thu, 06/06/2013 - 17:28 | 3631483 Zerohedge fan
Thu, 06/06/2013 - 17:39 | 3631502 negative rates
negative rates's picture

Did you kill all those guards?

Thu, 06/06/2013 - 19:01 | 3631641 Meatier Shower
Meatier Shower's picture

And what do you use to burn the central bankers?

Moar central bankers!

Thu, 06/06/2013 - 20:41 | 3632011 Crash Overide
Crash Overide's picture

Everyone can smell it because it fucking stinks...

Thu, 06/06/2013 - 21:09 | 3632124 Kirk2NCC1701
Kirk2NCC1701's picture

What's no laughing matter...

1.  Vladimir Putin and his wife of 30 years, Lyudmila are getting divorced.  I take it she's taking taking her/his secrets to the grave?

2. The Rice-A-Roni treat:  First Condy Rice, now Susan Rice?  What/who's next?  Europeans are protesting or rioting, while Americans are... doing what exactly?  All Hat, No Cattle?

3. NATO wants Sweden, Finland and Georgia to join its club.  Russia rebuffed.   The writing is on the (Kremlin) wall -- in multiple languages:  English, Russian, and Hebrew.  Bear being antagonized into making "sucker swipe".  Then it's off to WW3.  Unless they have their own version of Global Shitdisturbers:  My (Hezbollah) riff-raff can beat your (Al-CIA-dah) riff-raff.

 

Fri, 06/07/2013 - 00:25 | 3632635 monad
monad's picture

YES

Fri, 06/07/2013 - 07:04 | 3632916 toadold
toadold's picture

"Oh one more time around Piccadilly Circus, driver follow that bus.

It's a shame the way the rich folk work us, and everybody's rich but us, everybody's rich but us.

Fri, 06/07/2013 - 09:11 | 3633274 madcows
madcows's picture

Life's a piece of shit

When you look at it
Life's a laugh and death's a joke, it's true.
You'll see it's all a show
Keep 'em laughing as you go
Just remember that the last laugh is on you.

Do NOT follow this link or you will be banned from the site!