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AND THe NeXT LeHMaN MoMeNT Is...

williambanzai7's picture




 

.

 

So many candidates to choose from...What sayeth you?

 

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Tue, 09/16/2014 - 13:07 | 5223255 Squid Viscous
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false flag "ISIL bombing", coming soon and a big one... they may even claim it's a "dirty bomb"...

Tue, 09/16/2014 - 16:16 | 5223956 One of We
One of We's picture

I'm looking for some short light-skinned Liberians packing ebola into Laredo via Mexico City.....

Tue, 09/16/2014 - 12:29 | 5223167 VWAndy
VWAndy's picture

The global stall. In about a hundred and fifty years give or take a decade or two. Not kidding this can go on for centuries.

Tue, 09/16/2014 - 12:29 | 5223162 KnuckleDragger-X
KnuckleDragger-X's picture

I spent many years pissed off and angry about the direction the world was heading and my last hope was that when the Lehman moment came people would wake up, that, of course, didn't happen. I've given up on hope and am doing my best to get out of the way of the avalanche. It may not work and I may not survie but I'm setting up to lead a 19th century lifestyle with a few family and friends and just sitting back to watch it all fall apart.

Wed, 09/17/2014 - 19:09 | 5228165 ShakaZulu
ShakaZulu's picture

My thoughts exactly.

Tue, 09/16/2014 - 17:28 | 5224240 SAT 800
SAT 800's picture

By far the best plan. Get well out of the way and get self-sufficient. read about it in whatever newsletter happens to circulate.

Tue, 09/16/2014 - 10:04 | 5222505 Hulk
Hulk's picture

Radio Shack will be our Lehman moment. I have like a trillion trllion in cds taken out on the Shack. I knew it was over when they dropped Auto magic tuning...

Tue, 09/16/2014 - 09:23 | 5222290 Stained Class
Stained Class's picture

It'll be the look on the faces of the Hedgies who are loaded to the gills with Euro Sovereign Bonds, when they see this sign on Super Mario's front door that says,

"CLOSED: Gone Fishin'".

Tue, 09/16/2014 - 08:03 | 5221971 Bossman1967
Bossman1967's picture

I believe Obama withdrawing from office will be the leiman moment. He isn't doing what the bankers want so they have Biden going out and war mongering. Obama will be gone by end of year

Tue, 09/16/2014 - 08:47 | 5222131 RaceToTheBottom
RaceToTheBottom's picture

I believe Obama has already left office.  His golfing is the proof of that.  I thought he is doing exactly what the Banksters and powers want.  

He was just naive enough to think that he was actually going to do his wants when elected....

Tue, 09/16/2014 - 08:50 | 5222141 Otto Zitte
Otto Zitte's picture

Early retirement. He got what he wanted.

Tue, 09/16/2014 - 08:53 | 5222162 RaceToTheBottom
RaceToTheBottom's picture

Pays all lot more than nonexistant SS

Tue, 09/16/2014 - 08:48 | 5222130 RaceToTheBottom
RaceToTheBottom's picture

I believe Obama has already left office.  His golfing is the proof of that.  I thought he is doing exactly what the Banksters and powers want.  

He was just naive enough to think that he was actually going to do his wants when elected....

Tue, 09/16/2014 - 07:49 | 5221881 dizzyfingers
dizzyfingers's picture

Ditto Nobody's last several lines...

 

"What's the use of happiness? It can't buy you money." -Henny Youngman http://www.ritholtz.com/blog/2014/09/10-monday-pm-reads-101/

 

Tue, 09/16/2014 - 02:32 | 5221613 Nobody For President
Nobody For President's picture

I signed in just to upvote you William.

So much of ZH is predictable stuff, most of which I agree with, but so what?

You have this incredible creativity that my wife would have loved - I was just introducing it to her when the cancer got her.

Damn.

ISIS now has oil fields and black market oil exports on the cheap, which equals big bucks. How long before they get nukes?

Answer - not very.

God damn, it has been so long since WWII.

I'm preppin' like crazy.

Take care of yoursef and watch your back please.

 

Nobody

Tue, 09/16/2014 - 11:34 | 5222896 ClowardPiven2016
ClowardPiven2016's picture

ISIS now has oil fields and black market oil exports on the cheap

good thing they aren't selling it for Euros or they would be shut down in about 10 minutes

Tue, 09/16/2014 - 08:03 | 5221970 boogerbently
boogerbently's picture

We don't really KNOW shit about anything.

Al "news" is agenda based. Bought and paid for.

We live on data mining and confirmation bias.

Tue, 09/16/2014 - 17:33 | 5224255 SAT 800
SAT 800's picture

good point; can't be repeated too often. If saw it on TV somebody paid to put it there. It's amazing how much data is actually "left over" from "before"; because they don't care about the 1% who can think and read. It's also amazing how it tears to shreds the "news".

Tue, 09/16/2014 - 08:04 | 5221963 NoPension
NoPension's picture

In that vein of thinking.......

It is not hard to imagine our Leadership's actions making perfect sense, if they have knowledge and insight we don't possess.

We are reduced to being conspiracy theorists, because we have only history, common sense and I would guess, above average intellect.

They may have facts. And don't want to spook the crowd.

I get it on a personal level. My wife doesn't understand my operating theory. It is akin to my " playing golf",while Rome burns. She desires I take this normal course, or do that normal action. "Why are we so different from everybody else?", she opines.
Explanation is fruitless. She is a product of society. She cannot,does not, will not ever see what we see. I come here for sanity, and yes, validation of my craziness.

There are days, often, when I wish I was blissfully ignorant, and could enjoy life more. But it is hard, very hard, to have a " good time" when you honestly feel a tsunami is off in the distance. Right now, I'm out of town, on " vacation". And I am nervous because there is distance between me and my "preps". It's like life is a game of musical chairs. But to me, to ignore the warning signs feels irresponsible.

We must truly appear to be insane to these folks.

Tue, 09/16/2014 - 10:04 | 5222441 Wild tree
Wild tree's picture

NoPen,

"when you honestly feel a tsunami is off in the distance". I look around and all I see is the sea rushing out. I'm heading to the hills as fast as I can go but as in a dream, it seems that I am in slow motion. As I look behind me, I see that enormous wave forming, building darkly; and I try to run faster. It won't be long till we all turn to "face" the wave. It is then that we will find how well we have built our boats.

 

Came back to edit with an extraction of Jeff Thomas's article on Babson's Warning:

Those who do think independently and become convinced that history is repeating itself are focusing their attention on finding a way out of being a casualty in the train wreck that’s coming. This is difficult to do, as invariably, the closer the event becomes, the more difficult it is to swim against the tide. For this reason, even many who conclude that the end is near often fail to act to save themselves and their families.

 

Mon, 09/15/2014 - 21:37 | 5220931 blindman
blindman's picture

rather then accept defeat and loss of the debt bomb db,
or whoever is behind the derivative fraud will fold
global into another scam of astronomical and hallucinatory
proportions. i say look for the legalization of hallucinogens,
mandatory psychotropic substance consumption. it is their only
hope.

Mon, 09/15/2014 - 21:28 | 5220896 blindman
blindman's picture

Loudon Wainwright III - Man and Dog
http://www.youtube.com/watch?v=GPAYTerpBTM

Mon, 09/15/2014 - 20:49 | 5220753 williambanzai7
williambanzai7's picture

.

 

The Law demands that we atone

 

When we take things that we don't own;

 

But leaves the lords and ladies fine

 

Who take things that are yours and mine...

 

Anonymous, circa 1764

Tue, 09/16/2014 - 19:37 | 5224622 ajax
ajax's picture

 

 

Dear WilliamBanzai7  I love you so much.

The Law demands that we atone

 

When we take things that we don't own;

 

But leaves the Lords of Finance fine

 

Who take things that are yours and mine...

 

Anonymous, circa 1764

 

 

 

Tue, 09/16/2014 - 20:04 | 5224698 ajax
Tue, 09/16/2014 - 11:51 | 5222967 cro_maat
cro_maat's picture

Oh.. that is so wrong. The plate is levitating and Martha has her hand in his lap.

I am going to have nightmares tonight.

Tue, 09/16/2014 - 12:05 | 5223016 williambanzai7
williambanzai7's picture

That is Erin Callen, the former Lehman CFO who did all the big ticket lying for Fuld.

No one even remembers what Repo 105 was.

All these crooks have to do is lay low and everything blows over in a few short years.

To this day, Fuld believes his only crime was not infiltrating the gov't and the Fed the way Goldman did.

Tue, 09/16/2014 - 19:57 | 5224672 ajax
ajax's picture

 

 

Believe me WBanzai - I sure as hell do remember what Repo 105 was. I watched all the hearings, I watched the Chief Accounting Officer of Lehman who was summarily fired for defying Fuld testifying through tears of frustration and fear.

Fuld: from this

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

to this

https://www.youtube.com/watch?v=EdDF9X1-ceU

Lehman Bros: over $600 billion in debt/rip-off/mis-management/sloth

 

Tue, 09/16/2014 - 10:52 | 5222701 WTFRLY
WTFRLY's picture

Honk If You Know The Gov’t Is Still Lying About September 11th: Survey Yields 1 Every 25 Seconds
http://wtfrly.com/2014/09/15/honk-if-you-know-govt-still-lying-about-sep...

Tue, 09/16/2014 - 04:31 | 5220702 williambanzai7
williambanzai7's picture

It has been suggested to me that the Alibaba launch will catalyst the next Lehman moment, the theory being it will dawn on someone that the hollow shell they refer to as a market cannot possibly support the Alibaba Goldman Turdball. Look for people shaking their heads in wonderment and commenting how could we possibly riase this much (i.e., look at all the suckers out there).

However, the Alibaba suggestion preceded the latest Scotland poll numbers. You know, that "YES" scenario as to which DB and many other NWO pimps seem to be very negatively outspoken of late. What could they be worried about?

I am of the opinion that DB is so juiced up with derivatives that whatever event you decide upon will undoubtedly be one that will trigger the DB Bomb. Remember the DB Bomb came very very close to exploding in 2008. The DB Bomb is what Germany bailing out debt serf Europe is primarily about and it has only gotten humongous compared to huge subsequent to 2008. The bank appears to be staffed with a bunch of foreign trading mercenaries most of whom have no great institutional allegiance who will jump ship at the earliest possible moment.

It would be ugly.

PS: Some people call it a Lehman Moment now, but it is really Hyman Minsky's Moment.  I remember elements of the MainStreet media asking what's a Minsky Moment leading up to September 2008. I also remember curiously looking up Minsky in late 2007 early 2008. Nowadays, I see nary a mention of the concept in the MSM.

The MSM have their noses permanenetly borrowed up Lalas ass. So be it in Lalaland.

Tue, 09/16/2014 - 21:25 | 5224939 LawyerScum
LawyerScum's picture

I was able to import some very good "research chemicals" from a nice Chinese fellow by the name of Mr. Chen (via his chemical company), all thanks to Alibaba. Good site.

Tue, 09/16/2014 - 16:34 | 5224018 One of We
One of We's picture

Isn't TBTF really TBTF?  This is like a Mexican standoff combined with musical chairs with an 8 track playing in loop.  It's all hands perma-print until ???  There is no market so there can't be any market fundamentals or anything my admittedly limited financial skillset can see as a trigger for someone to stop the music.  Granted I could see a very small black swan flushing this shit show at any moment....

Tue, 09/16/2014 - 10:36 | 5222635 Broccoli
Broccoli's picture

Nothing to worry about. DB and all the other banks have a spreadsheet on a junior analysts computer that shows that they have no net exposure.

Tue, 09/16/2014 - 08:45 | 5222110 Terp
Terp's picture

The DB Bomb is what Germany bailing out debt serf Europe

Had to log in to upvote you for that. Why almost nobody of my people here in GER can see that is beyond me.

Tue, 09/16/2014 - 20:24 | 5224767 williambanzai7
williambanzai7's picture

They can see it, they just don't want to admit it by getting off the dance floor before the music stops. When the shit hits the fan they will all say I told you so...

Tue, 09/16/2014 - 08:18 | 5222002 STP
STP's picture

Aye, DB is leveraged to the hilt, as much, if not more than GS, Citi, BAC, JPM and the others.  If DB goes down, you can bet the rest will follow...

Tue, 09/16/2014 - 11:48 | 5222953 cro_maat
cro_maat's picture

What must it be like at ISDA these days...

"Tom do we declare this latest crash and burn a default moment?"

"Well Bob did you check with the Chairman of DB as well as Jamie Dimon and Lloyd Blankfein to see which side of the bet they are on and what their exposure is?"

"I called them and ran it all through the Net Net Net debt algorythm but the eight ball said 'Start another war"

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