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100 Years Ago Today: "Keep Calm And Buy Stocks - World War I Is Priced In"
The more things change, the more they stay the same. Amid the growing geopolitical powder keg of 2014, the deafening roar of BIS-deniers proclaiming that everything bad is priced-in and nothing good is priced-in dominates the mainstream media. This is nothing new... as no less than The Financial Times proclaims on June 30th 1914 that "stock markets have been scarcely affected by the assassination of the heir to the Austrian throne... there's no evidence that stock holders took fright" as it's priced in (or contained?). It seems things didn't quite work out as 'priced-in'.
h/t @FT
Things were not quite as priced in as 'they' thought...
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Yeah, but there was still a good 5 cent cigar.
"The time to buy is when there is blood in the streets."
"War is a racket"
in defense of the venerable Financial Times: there was no reason to expect all the mobilizations that followed. or, better - a chapter of history that seems to be forgotten - nobody knew how many secret treaties were around, and got triggered all at once
since then, involved citizens in Europe have always asked for a ban of secret treaties, in particular defense treaties (which btw is also a step toward transparency, accountability and democracy)
and in this spirit, the best part of the EU is still it's Council. why? hehehe, because all our dear prime ministers etc. have to meet, regularly. it's the treaty. which here means it's the law
even if it's poison for them in their domestic politics. as it often is in the UK. they have to meet. they have to play in the concert for europe
no "I'm not talking with that backstabbing bastard" and no "we fear our relations have worsened to the point we retract our diplomatic corps"
WW1 was caused by:
< Assassination of a nobody
< Berlin-Baghdad Railway
http://www.globalsecurity.org/military/world/europe/de-berlin-baghdad-3.htm
Good thing they didn't have enought nukes to kill everyone 10 times over back then. Sadly, people have forgotten about the Cold War, and how Mutually Assured Destruction kept us all alive. A war with Russia or China won't be the same as a war with Afghanistan or Iraq.
John McCain would disagree with you , lol
Neither.
If Germany had succeeded with the Baghdad railroad the world today would be dealing in a gold backed PetroDeutschMark. Why gold you ask? Because there would be no propaganda from Hollyweird brainwashing the world that "gold is a barbaric relic".
Hitler, Stalin, Mao would have never happened, America would have a decent rail network, McDonalds would be serving real food, paying real wages, Monsanto never see the light of day. The Brits could finally come out of the closet and openly state they prefer coffee over tea anway. The French would still hate the Jews but nobody would have assisted them in decimating the French Jewish population.
Baghdad and Irak would have long been secularized and democratized by the Germans and it would be the shining democracy in the Middle East. There would be no "Palestine Question" and subsequently Israel would be a province of the United States of Europe.
Is WWIII priced in????
edit: All I got from that was that title font is just fantastic.
Jumbo, Ghord and Walk all in the same thread talking beyond one could not be bothered with , all my favorite disinformation agents adding BS for fucks sake and not minding each other !
Dare you MF , get a new nick, you have been but all exposed
as agents of some kind.
Sort of your nick sou got onto here might as well cast upon
your neck one day.
+1 stick to gardening and leave the heavy lifting to us agents!
I think he's been gardening in his "weeds" too much.
Or English as a second language is a bit of challenge for him / her.
Or all the above.
You got me beat once more. I`ll do as you say and will relieve you off your load if my time has come.
The German General Staff went on vacation in July not expecting the Austrians to cause so much trouble. If you read Mein Kampf Hitler himself states it was a disaster for Germany to shackle itself to the Hapsburg corpse and Germany needed a far better ally than Austria-Hungary - either England or Russia.
The secret treaty was not even a treaty. It was a private discussion with Earl Grey and presumably Winston Churchill promising France that the Royal Navy would protect France in the even of war with Germany something Britain did not do in 1870.
On the other hand Asquith as PM was not minded to go to war to save France and stated so - it was lobbying by George Lloyd and other Conservatives to bounce the Liberal Government into war.
Without Britain the war would have been much shorter and had the policy of lord Salisbury continued of NOT joining alliances might never have happened.
As for secret treaties Ghordius you place too much emphasis on Wilson's 14 points. In fact The Symington Commission in 1970s US found secret treaties where Kennedy pledged US troops to keep Franco in power. There are probably secret sections to NATO treaties with regard to NATO being able to invade member countries when internal order is threatened......such as Article 6
Yours is a required read, will do my own research, but interesting indeed.
This is your thread G , war is priced in. Your EU minders
have war as their founding principle, escalate the founding
troubles of a condescending socialist nightmare upon the peoples and once they riot, take control.
At retail $5 per pack, there is not even a good 25 cent cigarette now.
Try $10 or more a pack...
That would be a bargain in Australia. Some brands end up costing around $1 per cigarette now. http://wholesale.pattersonroad.com.au/rrp_cigarettes.jsp
Today you are lucky to find a good $5 cigar.
Because Cuba.
Smoke away!
http://aadivaahan.wordpress.com/2010/10/03/and-tips/
;-)
No guilt smoker here....just try organic if you can...
TWO major differences from 1914 to 2014.. The US FED was not as agressive with the money expansion in 1914 as they are today. There were not as many global oligarchs in 1914 as today controlling everything. Those two reasons is why the stock market will not crash.
Out of Chaos, Order.
Can we get to the chaos part already so we can order all the criminals executed?
Be careful what you ask for, as it will neither be the criminals nor stockholders that will be executed.
Krugman just jizzed in his pants when seeing that picture. War, the innocent dying for the guilty.
https://www.google.com/search?q=nuremberg+hangings&client=firefox-a&hs=S...
Innocent is a big word... maybe it's more like the ignorant and stupid dying for the psychopaths.
when .Gov starts trying to conscript kids to become the pin pullers, that's when this whole thing becomes totally unglued. Kids today are nothing like the 1914 kids both in good and bad ways.
But, it's just like Call of Doodie. You just respawn, don't you?
No respawn.
Doesn't matter what I say, war is inevitable. Banksters, the ZOG, and the MIC say so.
Boot ---> Face
Has war actually ever stopped?
Is there a place on earth where someone doesn't want what another has?
Then...no...war has never stopped.
HHmmm......"thou shalt not covet"....where have I heard that before.
In the grand story book, it's the 10 amendments.
Or rather....the 10 suggestions.
As I've said before....even as a believer.....i will meet anyone half way if they wish to throw out the first 4 commandments since they deal with a deity.
And let's all agree and ACT upon the remaining 6.
Honor thy mother and father
Thou shalt not commit murder
Thou shalt not commit adutery
Thou shalt not steal
Thou shalt not bear witness against thy neighbor
Thou shalt not covet
And what's interesting is there are 3 sort of sub-sets of covetousness that the last commandment speaks to
Do not covet your neighbor's house, wife, property (i.e. servents, animals, land, etc.)
Of course....Christ summed it all up pretty neatly with this....."Love thy neighbor as yourself". In other words....show love to your neighbor by NOT doing the above mentioned things to him / her.
Why would you need tort reformed if we all reformed ourselves first ? Why would TRILLIONS of dollars annually be wasted in wars, Ponzi schemes, lawsuits, wealth transfer schemes, etc, etc, be wasted if these basic tenents were lived everyday by the majority of us?
But....we all throughout history have known these things intuitively. But once a grievance has been set upon us....it's hard to turn the other cheek. And also in response, we throw up barriers around us and mentally say "I have to screw them before they screw me".....and then once that spiritual virus is out, it infects nearly everyone.
Hard to kill that virus. So we end up killing each other....and ourselves.
Their allegiance is to themselves, their family and their friends, only the neocon christian kids will go willingly to the slaughter as they've been duly indoctrinated in the "word".....Gov is going to have to push all the chips in and risk it all
edit: yes i know it's not what you want ot hear but you know it's true, I've been to evangelical churches and listened to how the "word" is used. The transistion to "you must die to protect" is done very easily and the response will be immediate by many who "follow". This is how it's been done for centuries why is now any different? ......what are the chances all three boys in these photos were hard core christians? 99 out of 100?
After Korea, Vietnam, Middle East useless wars, neither are their parents. The concept, "I disagree with what you say but I will die for your right to say it." is long past.
the man who invented poison chlorine gas also invented fertilizer. guess which he is known for ?
a jewish chemist who worked for a german industrialized---bosch--haber. bosch is still around, well known german industrial quality engineering firm.
the invention of the nitrating process for taking n2 from the air and attaching hydrogen to it to make nh4 (amonia) is the basis for all modern nitrate fertilizer compounds.
it is THIS process more than any anti-biotic or vaccination which helped take the population of 1 Billion only on hundred years ago to 7 billion today .
fertilizer. results in surplus yields and food exports. without fertilizer the world may well have remained at a growth rate leading to 3 or 4 billion today rather than 7.
He also invented zyklon a and then the odor free successor zyklon b. The irony.
The road to hell is paved with good intentions.
His wife committed suicide because of his work on poisonous gas.
And heading back to the 1 billion level, or lower, in the century. The Haber process doesn't make a difference if there is no topsoil or water to grow crops.
Look at the filthy "non-war" part of that picture. I bet just as many died from dysentery as bullets and gas. That's chaos out where the rubber meets the road. Most pampered Americans wouldn't last 3 days. Lay down, whimpering and die.
If you're an armchair prepper, it's time to "be about it, don't talk about it."
And then to top off the carnage of WW1, nature bitch slapped the world with the Spanish Flu.
https://en.wikipedia.org/wiki/1918_flu_pandemic
50-100 million more dead on top of the deaths of WW 1.
The smell of fresh mown grass makes me think of phosgene. How sick is that?
Nerve gas smells like fresh mown hay, If I remember my chem warfare training. Phosgene is usually hydrochloric and hydrofloric acid. Burn some refrigerant and you'll get exposed.
Hmmm. I wonder where those guys got those extra helmets?
Hitler sent the Aryans to the trenches for a start.
Suited him right by his looks and his henchmen lookalikes
and all his self hate induced path to power.
Once he had all the good Germans killed, he would be re-called to hell.
I believe the stages are :
Enthusiasm
Denial
Failure
Punish the innocent
Promote the guilty
...wash, rinse,repeat.
Don't forget that this time really is different!
It's much worse now...
It's global
You can't price anything in when you don't have a market in the first place.
That which cannot be sustained, won't be.
Hedge accordingly.
Just goes to show you human nature doesn't change
We assume every generation is more intelligent, goes with the fallacy of the theory of evolution. In Plato and Socrates time, people acted the same.
Yea, but their tweets were better.
and show me their equivalent of the cultural gutter of the Kardassians.
Does Oscar Wilde count?
Or how about the atonal revolution in music?
What does history have to do with anything ?
HRC
History only "repeats itself" when reality overcomes spin.
The Franz Ferdinands are playing the Mainsquare Festival, Arras, July 4th.......not seeing a problem here
Did they "price in" millions of deaths?
Did they "price in" millions of wounded?
Did they "price in" a terrible peace treaty that helped cause a hyperinflation of the enemy nation and its subsequent takeover by a psychopathic dictator?
The arrogance of financy boys never changes, does it?
By 1919 stocks were back up for a solid gain. Don't buy stocks if you can't take the heat. Besides I'm not sure how you would diversify. Many bonds were wiped out in to the postwar inflation (not to mention collapse of governments) and gold would have been 1) physically difficult to get your hands on 2) wiped out in the depression 3) subject to pillaging by invading armies.
So we are left with embracing the devil that has come to own us. Maybe this is sustainable. Hell is eternity, right?
Gold was "wiped out in the depression"?????? Like vanished into thin air or sucked up by alien spaceships?
Son, the US went bankrupt shortly after the Fed got created. At that time the Fed took over completely and "bailed out" the US with infinite amounts of its own toilet paper. It was the moneychangers wildest wet dream come true. With the backing of the US MIC etc, their toilet paper achieved reserve currency status and became known as the Petro Dollar.
The Fed took control over the US early in the last century and its been donwhill for the world from then on.
Gold was wiped out as in any known private holding of gold was confiscated by the federal government.
yes, if you played by their "rules"
too many to count private holders did not comply especially in the upper class.
Good point In general when the Keynesians have their wars to end crisis, there is nowhere to hide. It is total destruction and that touches everything. Your portfolio in halve is not the worst that could happen.
........bitchez
We banksters are trying to hand off our bailed-out bubble here and we're getting real tired of telling you fucking peasants to buy what we've pumped up and we're about to get good and pissed off here, seriously!
LOL, so true, it's almost going to hurt
And when we don't respond to their manipulation, what other recourse is left to them?.....
Force maybe?
Outright theft?
I'm just waiting for the false Ferdinand event.
This one will be used to justify outright oppression against domestic opponents. And to make "the One" a martyr.
IT wasn't false to Ferdinand ... or was it. Today I might believe he went to Argentina and lived out the rest of his life in luxury.
I doubt the Financial Times will make mention of it itself. XD
Didn't read this article. I was distracted by the "Luxury VIP Suites" pop-up ad on the left side of the screen.
So if one bought gold 6/30/1914.....
...then one would most likely be dead today!
That pesky "long enough timeline thing."
Ummm Gold wasn't for sale, but if you had converted your pounds, francs or marks you would have done well... Convertability was almost immediately suspended...
It will happen again when gold is the only thing that matters as medium of wealth exchange in the financial world.
Try and buy commodities to run your country, feed your people and so on when paper is worthless. Maybe your paper is backed by gold - certified - then you got a chance of finding a willing seller to accept it.
The crooks are all just cooking with water and they know it.
Nevermind that it was confiscated in 1933 by FDR, right?
from those who gave it up
"Foolish Customs Inspector! That is not a stack of gold coins; it is a sculpture. I am shipping it to display in a show at a Swiss art gallery. Now, out of my way!"
Gold ownership can be suspended at will, as well.
“Only rich people own gold.” The EBT crowd will go along.
"Gold ownership can be suspended at will, as well."
Yup, and as we have seen in the execution videos out of Iraq, ownership of one's life, as well.
Indeed an interesting observation.
Of course: correlation does not necessarily imply causation.
Even IF One were to assume that the markets were not purposefully crashed by Monarchs and Oligarchs and/or Bankers as an act of preciptous financial aggression/shorting their adversaries, etc..; wouldn't a similarly destabilizing/'black swan' event be required to spook the markets?
What contemporary assasination would unleash a similar convulsion of turbulence and international violence?
They're hiring crisis actors for Houston, Texas...July 4th.
Need a link for that, please.
August, 1919
The Commission's final recommendation to President Wilson were as follows:
i. The Commissioners began their study of Zionism with minds predisposed in its favor, but the actual facts in Palestine, coupled with the force of the general principles proclaimed by the Allies and accepted by the Syrians [i.e. today's Syrians, Lebanese, and Palestinians] have driven them the recommendation here made.
ii. The Commission was abundantly supplied with literature on the Zionist program by the Zionist Commission to Palestine; heard in conferences much concerning the Zionist colonies and their claims; and personally saw something of what had been accomplished. They found much to approve in the aspirations and plans of the Zionists and had warm appreciation for the devotion of many of the colonists and for their success, by modern methods, in overcoming natural obstacles."
iii. ... [with quotes from the Balfour Declaration] For a national home for the Jewish people is not equivalent to making Palestine into a Jewish State; nor can the erection of such a Jewish state be accomplished without the gravest trespass upon the civil and religious rights of existing non-Jewish communities in Palestine.
In short, so far as Palestine is concerned, the Powers have made no statement of fact which is not admittedly wrong, and no declaration of policy which, at least in the letter, they have not always intended to violate.
End Snippet
How's this all working out for everyone. When did WWI actually end??
WTF? What does that have to do with anything except some delusion in your paranoid little mind?
So, Syria, Lebanon, Iraq, Iran, Turkey, Jordan, Palestine, Israel, Egypt, Libya, which were mostly if not wholly created out of WWI, are all at peace now?
The oil discovered in Kirkuk in 1927 is not now in disputed hands?.
It was the fact that Britain was built on gold and Germany on industry. It had the most advanced industrial economy in Europe and with the perfection of the internal combustion engine by Daimler, Germany was a direct threat to the English Navy, and control of all shipping lanes.. Germany was building modern oil operated ships and Britain couldn’t convert their coal burning ships because they had given up most of their industry for free trade agreements.
WWI was about oil. Serbia happened to be a British controlled state which operated to block the Berlin To Baghdad railroad (Germany had the most advanced railroad system in the world at the time) and sure enough – that is where the war started. You’ve got to be kidding me. Of course, Serbia, Yugoslavia, Bosnia, Croatia, Montenegro, are also all at peace.
The point being, all of today’s problem areas are exactly the same as 1917 for exactly the same reasons.
Once it was decided that Israel could be created administratively, as well as surrounding nations – nothing has gone well.
It is not about Israel, per se, but the hubris that the resetting of borders, changes attitudes and culture.
There were people who saw this coming.
After you read some history and get your attitude under control, down to say fact based opinions, we can talk.
Quote**
Facts do not cease to exist because they are ignored. Aldous Huxley,
Quote**
Get your facts first, and then you can distort them as much as you please. Mark Twain (1835 - 1910)
There are things known and there are things unknown, and in between are the doors of perception and deception. Aldous Huxley
In all fairness....
If you bought stock the day that article was released and held it to today....you'd be pretty wealthy.
Only if the company still exists.
Purchasing power, my friend, purchasing power. Inflation is not your friend.
BTFD and use a 7.9% stop loss.
In 1914 they didn't have computers and the FED's computer software did not control the indexes.
It will take more than economics to stop the political bribery that is going on today. It will take either a nuke or a pandemic to stop the markets this time. In other words it will take something that makes the current form of political bribery ineffective.
(Written in Chinese)
2114 Headline: 100 Years Ago Today in the Former United States: Ukraine, Iraq Collapse, Renewed Pallestine Conflict, South China Sea, North Korea, Imigration disaster, Obamacare all Priced in. Everything is fine Jim Cramer Says.
"Priced In"? You don't even know what that means.
https://www.youtube.com/watch?v=upifaeK0B5U
new Ghordius,
Your naiveté is refreshingly sweet for a six year old! Now one-hundred years later, the great leaders could never have " secret treaties" or anything close to them, could they?
RSM Lucitania is waiting for orders, sir?
Is it a go or a stand down, or both?
AMEN!
If we do not learn from our mistakes we are destined to repeat them
Representitive Charles A. Lindbergh's "Why Your Country is At War, and What Happens Afterward" written in 1917 covers the Fed Charter and the start of WW1 quite well. In fact it predicts, exactly what we face today. The Feds destroyed all plates of the book in 1918, but you can get online at...I enjoyed CH VI where he predicts the IMF and coming crash of the US Currency. If our ancestors ONLY READ THIS book.
I “INNER CIRCLE” CAUSED WAR
II POSSESSION OF THE EARTH—WHAT FOR?
III CONTINENTAL AND POLITICAL ENVIRONMENTS IN AMERICA
IV THE EXPLOITERS
V YOU—YOURSELF
VI THE FARMER AND WALL STREET SPECULATOR AFTER EMERGENCY CURRENCY
Here is online link to copy
http://www.jrbooksonline.com/PDF_Books/Your_Country_At_War.pdf
Banking and Currency and the Money Trust
"As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed."