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"Wealth Effect" 1 - Toilet Paper 0

Tyler Durden's picture




 

In our first Chart of the Day we present the Caracas stock exchange performance since 2012. It puts the action in the Nikkei (and BitCoin) to shame. It also explains why anyone selling $29.95 newsletters equating the "market" with the economy is a charlatan. Finally, it shows that in the great race to achieve a "wealth effect" utopia, one may not have toilet paper, but one will always have a soaring stock market.

 

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Fri, 06/07/2013 - 07:10 | 3632927 diogeneslaertius
diogeneslaertius's picture

its different this time you white al-qaeda domestic extremists

inb4 mrs. watanabe's ¥200T asset bubblez (in time to ride off on my unicorn etc)

see you in the after market my fellow shitizens

https://soundcloud.com/phoneboyspeaks/shut-up-already-its-science

 

I am pedro carmona's spleen

#SLA WAS HERE

Fri, 06/07/2013 - 07:16 | 3632938 GetZeeGold
GetZeeGold's picture

 

 

We shall go on to the end, we shall print in France,
we shall print on the seas and oceans,
we shall print with growing confidence and growing strength in the air, we shall defend our Island, whatever the cost may be,
we shall print on the beaches,
we shall print on the landing grounds,
we shall print in the fields and in the streets,
we shall print in the hills;
we shall never surrender

Fri, 06/07/2013 - 07:33 | 3632963 dontgoforit
dontgoforit's picture

Give 'em hell, Winston!

Fri, 06/07/2013 - 08:27 | 3633087 Manthong
Manthong's picture

That's how it worked in Weimar.

Fri, 06/07/2013 - 08:59 | 3633218 Bullionaire
Bullionaire's picture

I just noticed that the words "charlatan" and "chairsatan" only differ by two letters.

 

Golly.

Fri, 06/07/2013 - 07:17 | 3632940 Sudden Debt
Sudden Debt's picture

you must be a American because in Europe all the unicorns have been processed into lassagna's

Fri, 06/07/2013 - 07:53 | 3632994 max2205
max2205's picture

Commence self destruct in 1 2 3.....

Fri, 06/07/2013 - 10:25 | 3633575 A is A
A is A's picture

What do you mean? The market is just pricing in future gowth!!!!

Fri, 06/07/2013 - 07:11 | 3632928 JamesBond
JamesBond's picture

Private Exhchange BitcheZ

Fri, 06/07/2013 - 07:15 | 3632934 Sudden Debt
Sudden Debt's picture

About a 2 weeks ago a friend of mine mailed me if I wanted to split the costs with him for a newsletter from some moron who claimed to have a 97% strike record on stock pickings....

only 695 euro's a year for the newsletter....

HA HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA........

All I wanted to say but didn't because I tend to want to keep friends was that he was a freaking moron who should stop trading.

Not that the newsletter was the sealer, no, I think he loses about 200K euro's a year on the stockmarket for a decade now.

But the family money keeps pooring in so he doesn't need to stop the habbit just yet.

Fri, 06/07/2013 - 07:15 | 3632936 dogfish
dogfish's picture

Why do i keep loosing connection to this site.Thanks in advance.

Fri, 06/07/2013 - 07:18 | 3632943 GetZeeGold
GetZeeGold's picture

 

 

NSA server problems in Utah.....it's a new system....still working the bugs out.

Fri, 06/07/2013 - 07:26 | 3632952 krispkritter
krispkritter's picture

No, they're working the bugs IN...

Fri, 06/07/2013 - 07:47 | 3632987 negative rates
negative rates's picture

Hey that's what expanding broadband was all about, and once again, the consumer pays for big brother to watch over them closely. I love tricks of the mind, and what they can, and can't , do. 

Fri, 06/07/2013 - 07:29 | 3632957 Sudden Debt
Sudden Debt's picture

Your porn vids downloads are taking up to much bandwith.

I only download them with cute ftp and set priority low untill I stop surfing.

 

Fri, 06/07/2013 - 07:31 | 3632960 BandGap
BandGap's picture

Having the same problem. And we can joke, but the server for the site just might be getting scanned or be under attack.

Fri, 06/07/2013 - 07:19 | 3632944 cloudybrain
cloudybrain's picture

nothing to worry about stock market

Fri, 06/07/2013 - 07:24 | 3632950 Downtoolong
Downtoolong's picture

Damn, why can't I get returns like that. I can't help but think that bitch algo of mine is cheating and skimming off me somewhere.

Fri, 06/07/2013 - 07:29 | 3632951 Silverhog
Silverhog's picture

The Cool-Aid stand opens at 8:30  If the numbers are low enough,  Feds may let Silver jump 10 cents maybe more.

Fri, 06/07/2013 - 07:57 | 3633006 auric1234
auric1234's picture

Only for a few minutes. They can't allow the paper holders to become overconfident.

 

Fri, 06/07/2013 - 08:53 | 3633135 OneTinSoldier66
OneTinSoldier66's picture

And, doooowwwnn it goes, at the moment anyway. Time to back up the boat, errr, truck!

 

EDIT: Now it's spiking up but good, at the moment.

Fri, 06/07/2013 - 07:27 | 3632955 krispkritter
Fri, 06/07/2013 - 07:56 | 3633000 auric1234
auric1234's picture

Default.asap

 

Fri, 06/07/2013 - 07:35 | 3632965 OpTwoMistic
OpTwoMistic's picture

Crash

Bleed slowly

Obvious we are headed down.  Vote opinion above.

Fri, 06/07/2013 - 07:36 | 3632967 dontgoforit
dontgoforit's picture

What Hugo set in motion, let Fidel stop.  Voila, fiat, fiasco!  Simple

Fri, 06/07/2013 - 07:57 | 3633003 Martin T
Martin T's picture

Looks to me as being eerily on the same trajectory as Zimbabwe stock market has been. Looking forward to the 100 trillion bolivar bill...

Fri, 06/07/2013 - 09:29 | 3633354 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

They better hope the liquidity doesn't get a bad case of the runs over there.

Fri, 06/07/2013 - 10:46 | 3633637 Longing for the...
Longing for the old America's picture

Better to hold appreciating stocks than fiat-based money. At least you own something of value.

 

Holders of cash can just "Bend over and Caracas a Smile".

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