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The Only Question About The So-Called "Recovery"
We were almost eager to swallow the blue pill and admit that the "recovery" is an actual recovery this time (non-GAAP that is, one where all the economic data is first excluded)... and then we happened to glance at this chart, courtesy of Citigroup's Matt King.
Ignoring for a second the direct implication of what the chart highlights, namely that due to central bank intervention there is no more net supply of debt left in the world, now that for the first time ever, central banks are set to monetize all global government debt, something we showed previously...
... and leave virtually no other securities to satisfy investor demand (especially when one considers that the entire S&P is slowly but surely LBOing itself) in the process sending nominal prices of existing marketable risk assets to record levels, an even more appropriate question is the following:
Is the reason why in 2015 central bank intervention is set to surpass even the emergency bailout of the global financial system in the aftermath of the Bear and Lehman collapse, because the global "self-sustaining" recovery is strong... Or because it is "quite strong"?
Inquiring minds who read between the propaganda bullshit lines are dying to know (the same minds would be delighted to also know how all this gargantuan, unprecedented central bank intervention will ever be reversed, but since that moment will never, ever come, they are happy to drop it).
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Looks like the FED is going to need another $17 Trillion of public debt to get he banks/corporations/insurers into "recovery" mode and reach "escape velocity".
Leaving behind, of course, the citizens they purport to serve.
The FED = The Banker's Banks.
End the FED!!!
CIA on lockdown...did Brennan just go rogue or something?
http://www.breitbart.com/big-government/2015/02/14/cia-headquarters-in-langley-reportedly-on-lockdown/
another rebellion? oh, so many military guys betrayed again and again.
Cracks in Hillary's Armor?
NYP reporting that Bill Clinterd took the Lolita express to Epstein's pedophile island ELEVEN TIMES, not 2 x as earlier reported by the british media. For some reason the socialist hebrew media only covers-up for one party.
Imagine if Bush had raped underage girls at the private island of a convicted kiddie pimp....
Raping underage children is a feature of being in the power class in the NWO.
Of course both Clintons get access to children for their base desires. That is how those pagan progs roll.
Why does the phrase "Roman orgies" come to mind? Ah, yes, now I remember. It's just what happens in crumbling empires.
Roman orgies are but one piece of the cheese in in that thingie latched to a coiled spring on that innocuous little piece of wood.
Innovate. It's the American way! Like how about the market prospects for instant water? Just empty a packet of "instant water" into a glass, and add water. Very sImple and very very sellable to the shabby shiek elites surfing the Isles at Wal Mart with eyes pinned to pixels streaming out of their very cool skinned 3 x 5 handheld window into the world.
Maybe the achemists in the lightening crackled castle on the top of the hill who turn human flesh to gold have a new product, "instant value". Empty a packet of instant value into your portfolio and just add value.
See how simple it is. Don't fear the CSPAN chimps pressing levers for cocaine, and Epstein's air milage taboo rewards. Don't fear their Wall Street pimps, either. There's nothing to fear but fear itself. We're all in this together. Forget about everything your survival instincts are telling you. Have some koolaid and enjoy a few moments of restive ignorance while you wait for mas mana de `nada and infinite knowledge!
We're saved.
We all keep forgetting its a jobless recovery.
Layoff / Closing List: http://www.dailyjobcuts.com
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Remember it's just a different lifestyle and we are a diverse and multicultural society.
Have you forgotten W's sleepovers with fake journalist and gay prostitute Jeff Gannon?
Worse yet, remember the GHW Bush "Franklin Scandal" involving trafficking children from boy's town for sexual abuse?
https://www.youtube.com/watch?v=vBSIDQt5Dwc
Red Team/Blue Team, no difference
Whoops - sorry I posted my comment before seeing yours - thanks for at least keeping these two unindicted and unpnsihed examples in mind!
Wow, junked 6 times already. The Franklin Scandal is even a more taboo topic for our overlords than Sept 2001. So a hearty hello to the prev trolls in DC, enjoy your Sunday of pederasty.
The parallels between Franklin and the recent exposure of the pedos in the UK makes me strongly suspect it's actually the same crew behind both.
The Epstein stuff is mild in comparison, since it was largely 1) sexually mature teens who 2) were paid and 3) survived to talk about it. When something was perverted as Epstein's sex dungeon is the good example, you know you lived in a fucked society.
I have no doubt bringing up Franklin activated a bunch of dormant sockpuppet accounts, so consider it a compliment.
Why are half of ZHers junking a comment about these scandals? I know little about Franklin except that it is definitely real and I have never heard of the first one, but it seems really odd that it is getting such a negative response. Also, no one is actually expressing disagreemnt and yet so many are junking it?
Sockpuppets, probably owned by a gov't subcontractor with a keyword list of ideas they're supposed to disrupt or suppress. You can bet Franklin is on that list.
Some more reading.
Omaha George Bush: The Unauthorized Biography - by Webster G. Tarpley & Anton Chaitki, Chapter 21
http://www.kmf.org/williams/bushbook/bush21.html
And here is some stuff from John Decamp's book about possible child snuff films being made by the same cast of characters.
http://www.voxfux.com/features/bush_child_sex_coverup/FranklinBookGrove.htm
And more indepth link to news articles (all public record) related to this topic from back in the day.
http://www.voxfux.com/features/bush_child_sex_coverup/article_archive.htm
Imagine if no one believed in the false left-right paradigm...
...but alas people want to believe a political solution is still possible, so they don't have to risk anything.
Rah, rah, Jeb Bush here we come, rah, rah, rah
I am only disagreeing with your last sentence - please research the Franklin Coverup by John DeCamp - it has already happended and the result was nothing.
"Imagine if Bush had raped underage girls at the private island of a convicted kiddie pimp...."
Not to say that this is better or worse, but it is quite likely that Bush was "topped" by "Bulldog" (aka gay prostitute Jeff Gannon) in the Lincoln Bedroom of the White House on a number of occasions. Personally, though, I think Bush's drunk ass was set up, basically to blackmail or otherwise keep him in line like the sock-puppet he was.
Please God, no more Bush or Clintons...
How about a Obama II ?
weburke
Not rebellion.
Probably a crime happened, it would be my guess.
Full retard has finally been reached!
or breached?
Not surprising seeing as how the whole joint is just one big perpetual crime scene.
Obummer's was meeting the leaders of ISIS in secret....
It's the new normal....
"Escape velocity?" Is that when the money velocity starts to pick back up because "consumers" realize that the dollar is going to continue to be debased and they go buy everything they can because they don't have faith that they'll have enough FRNs to do so in a few weeks?
Looks like a chart of Kardasian ass.
Well, there's no question in my mind that I need a newer IPhone [to replace the one I bought last month], that includes the following hi tech characteristics:
- Is 1 millimeter larger in aggregate screen AREA
- comes pre-installed with the latest KanyeDashian APPS
- allows the NSA to more precisely locate the molecules in my piss streams
Other than that, I have no other questions or objections.
It's planned obsolescence, Mr Brawndo. You must consume. It is your patriotic duty!
Did the old iPhone that you replaced at least taste good?
I'm the THIRST MUTILATOR!!! I live to consume!!!
You're complaining about the KayneDashian app?
Are you gay or a Mormon?
I'm a little bit country
I'm a little bit rock-n-roll
https://www.youtube.com/watch?v=QMZCWGyk388
I'm a little bit Ramones
http://upload.wikimedia.org/wikipedia/en/b/bb/Ramones_-_Ramones_cover.jpg
A little bit Mariinsky Ballet
https://www.youtube.com/watch?v=WBzH98jGXDk
And a lot Depends
http://www.wearittowork.co.uk/wp-content/uploads/2014/09/maxresdefault.jpg
Donnie & Marie live @ CBGB OMFUG! [What could be more PUNK than that]?
I thought you knew.
I lved on the 3rd floor of a three storey loft building with the Ramones (1st floor) for 7 or 8 months in 1976. My friend was their manager (not the one who was murdered)
The building was on 2nd street and Third Ave. across the street from CBGB, where I lost my hearing.
That's who could be more punk than Donnie and Marie. (I knew Iggy in Ann Arbor in 1969.)
I'll admit... It's hard to compete with Hilly Kristal's dog's shit & Fresca! [& IGGY, of course]... Or otherwise...
"Fab Five Freddie told me everybody's high
DJ's spinnin' are savin' my mind
Flash is fast, Flash is cool
Francois sez fas, Flashe' no do
And you don't stop, sure shot
Go out to the parking lot
And you get in your car and you drive real far"
Well ~ That last part is what I did anyway
okay, so i'm a nerd.
I like "Norma" more than the Sex Pistols. Cut my head off.
Remember this one? (go pee and open another beer. it's 8 and a half minutes long)
https://www.youtube.com/watch?v=-VIqA3i2zQw
these are the lyrics if you have a hearing problem:
https://play.google.com/music/preview/Tzrvblot6x3qaqm22si262ersfa?lyrics...
Back in the day I looped it on both sides of a cassette for my Walkman so I could hear it constantly.
I also liked this (not as long). Robin had the best voice.
https://www.youtube.com/watch?v=Dq6YmSVAOG8
Remember Christain Bale singing it in "The Fighter"?
Now that he's earned your relationship of trust, he'll declare he's a Mormon and send over the missionaries.
Or
Get your snapchat handle and zip you dick pics.
either way you'll be satisfied.
I'm a little bit J. E. Mainer's Mountaineers and The Stanley Bros.
Do I feel like a square peg in a round hole? Oh yeah.
The Fed-sters are in over their heads so badly but can never admit this or the whole scheme collapses
Obama accidentally depicted as rape suspect:
http://tinyurl.com/k5qqrrj
Ha ha
With tip and tax it'll be more like $25 trillion
I'll see your $25 Trillion and raise you another $50 T. I call!
Did the Author purposely omit rollovers of government debt?
We're toast.
Nahhh... Moar like the crumbs at the bottom of the toaster.
We're gonna need a bigger war.
If Russia disables all of the West's satellites, commercial and military -- AND REMEMBER THIS -- the DJIA will have it's biggest up day in history.
So there really IS a "Law of diminshing returns" go figure...
and these recent plethora of ZH charts showing an inverse reality are pretty fucking hilarious..
Is the gallop CEO still well?
As long as he stays away from nailguns, bathtubs, and canoes . . . should be.
lol...fuggin nail gun- still cant believe it..
The 10 Best Nail Gunhttp://www.comparaboo.com/nail_guns?&network=ADWORDS_SEARCH&type=SEARCH&...[matchtype]=e&google_params[network]=g&google_params[device]=c&google_params[creative]=61237810626&google_params[keyword]=nail%20guns&google_params[placement]=&google_params[adposition]=1t2&gclid=CLWfq_3Y5MMCFQcV7AodTB0Aew
Youre KILLIN ME...I go for the 9.9 rated. "Freeman, finishing combo kit" (how ironic) oh, and forget the leather bag.
Now THIS is a NAIL GUN!
https://www.youtube.com/watch?v=Jb6O8pQhdvc
<---- Paslode nail gun. The choice of hit men the world over. Or so they tell me.
My wife refused, now what?
Banksters need to play Russian roulette with automatic pistol.
hehe
Instead of derivatives derived from nothing
Instead of home mortgages without necessary income
Instead of loans to nations that is looted by the insolvent banking system
I gotta say guys, you've really outdone yourselves in the comments on that article.
http://www.zerohedge.com/news/2014-03-29/nail-gun-suicide-bankers-firm-p...
6 shots to the chest then 1 to the head to finish off. That's gotta be a suicide record right there. Talk about determined!
Recovery, bitchez!
Its been over for us insurance men the fat lady sang and looking for the next gig. I really dont know how this economy is still moving at all.
First: Because America is facing a long descent, from now.
Second: Many places will go before America.
Nothing that a good civil war cant fix
Will a proxy civil war do for you?
State Dept. vs. Langley in the ME = Boots on the ground / bombing of Islamic State
The central banksters, and the kleptocratic corporatist interests they serve are moving their chips all-in on global political/economic consolidation. The liberties of Americans must be sacrificed for the good of the great multicultural enviro-friendly secular Yahweh.
Being 6 feet under is the only escape
They'll tax you even in death if they can.
His is good news for stawks
Having hit the maximum level of financial claims possible on now declining real economic activity, the central banks are forced to monetize all incremental claims, in the process destroying the currencies of the offending central banks. Brilliant strategy!
!
Up my FAFSA
All my uninformed neighbors keep telling me things are better. Brian Williams told them so. Now I can relax. Thanks god.
Life is a shitgum pie and every day you take another bite . . .
For the rest of the world. WTF is a shitgum?
i second the question. apparently shitgum is a thing these days, there is even a poster below named shitgum suicide.
Hail Satan!
Then markets no longer control themselves, we are all just the sweet dreams of the Fed's spreadsheets. All assets have effectively been nationalized, by ownership or by extortion. We are all brownshirts now.
Im almost sure you meant "wet dreams"? no?
Yah but Chairman Yellen said the way for me to get rich was to get out of cash and buy investments!? And now you are telling me I need to outbid the money printers and fortune 500 companies to get ahead, huh???
I keep getting ZH ads with pics of Elisabeth Hasselbeck in a green dress with big cleavage.
Lordy Lordy, she's hot!!!!
Start surfing porn. The ads get even better. At least thats what I hear...
Once the net goes negative, we will be in deep NIRP, and exit back across the zero boundary will be impossible.
Did Libya just have a pipeline bombed? That would only be news if ZH was cheerleading 200 oil not 20?
Post moar Goldman oil analysis!
I feel fresh and relaxed now. Alternate universe kicking in.
and all of this because they don't want the 99.9% to have any money.
Oh for Pete's sake, not more Porn Chars!
"We don't need no stinking Charts" to know that it's all BS and that Wall St and the Fed can keep up their Ponzi much longer than Main St can keep their jobs or stay solvent.
Keep saving, packing and stacking and organizing. And please build like-minded local and regional groups of life-affirming resilience and shared values: "Groups of Common Interest".
p.s. We also know that if we always listen to the MSM, that it's a Permanent Bull market (with small BTFD corrections), and that it's a Permanent Bear market in the case of ZH & Friends (the sky is falling every day, week, month, year). The MSM is like Tigger, and ZH is like Eor. One is always bouncy, the other always bumming. I swear!
Most ZHers will know when the real SHTF, and we'll know it days or hours ahead of the masses. We'll know it, not matter which news source (MSM or ZH) we listen to.
Keep dancing, but stay close to the door.
Fiat money is not wealth.
True, but fiat monies can buy 'means of production' that generate new capital.
Nothing left to buy eh? How about the Fed and the rest of the CB's do IPO's and see if they can buy up their own debt. Then they can create CBCDO's to offset the risk of CB's QE after they promote CBCDS's to help offset them their issuance of CBETF's.
Then we'll be able to redefine the word recovery.
The "recovery" is an actual recovery? Really? How big of a dumbass need one be to think that?
Much of that 'recovery' is funded by debt.
So the fed loans to the gov. then the fed buys the loan ? Fuck me I'm stupid, you know, working for the same frn's that the gov gets for free so it can piss it away to its crony pals, with enought left over to pay off the poor with its pacification .... err welfare programs to keep them from rioting, and over throwing. I don't even mind the massive devaluation of my hard earn notes by their little type into the puter trillions. No dout the fed will quietly retire the dept. to keep the system alive at my expense. /sarc ( on the not minding part )
Wait! This is actually good news.
The federal governments just need to default on the debt owed to their own country's Central bank---and Viola , giant reductions in government debts and wipe out of the evil Central banks.
(After all, you can always start new Central banks).
There is a political 'solution' to the problem of gross debts of the West {Japan [included here]+EU+US} being proffered around on the talk channels and that is to 'wipe out the debt.' This has never been tried before. Before, to handle the debt governments either bought it out or, as in the sorry case of GM' just put in haircuts on certain bond holders, a process mimicked in Cyprus of late. It is not popular to just wipe out the bond holders as this causes political problems.
Capital controls and confiscatory taxes are not popular with the normal masses but if governments buy up debt, much of which is not wanted by private investors due to the high risk, low grade and minuscule return, then nobody is a loser. The governments can let the debt sit until expiration with few complaints. The Fed, BoJ and ECB can then rev up their balance sheets to infinity if necessary and who would complain?
This is a magical process worthy of the work of the best wizards but there must be a catch. The catch [in my view] is that if there is some entity that will buy up [all] debt then generating debt is the thing to do! Fanny Mae was much worthy of being a dependable fiscal latrine for subprime loans taken by those with zero credit ratings and unlikely in many cases to make even the first regular payment on loans. This may result in the debt avenues closed off thus affecting the GDP in a negative way. Thus, capital is more precious. Note that much of the FM debt now resides in the Fed balance sheet.
Apparently, the central banks consider this a free way to absorb the debt and simultaneously prevent deflation and inflation with fiscal policy. I do not buy this. Such a notion is generated by fear, insanity, guilt or by a pipe full of opium.
The usual path forward here is for defaults to happen but if the debt is sequestered by central banks then the financial system is thus warped.
Such a process will probably force economic stagnation and in the end inflation or worse.
Wait! Where's that guy that posts here about his mother's cousins next door neighbor who makes $1,000 a day working from home on the internet? He'll save us!
The governments cracking (pun intended) down on the porn users so that opportunity is probably about over...
Sometimes .... there is no recovery ! www.infobae.com/2015/02/15/1627000-el-estado-islamico-difundio-la-decapi...
Hyper-Inflation is like 16~24 months away...
There's a derivative for that.
Stagflation bitchezzz!
Start mailing checks out.
In 1995 Dr. Greenspan, in an interview, wondered about how to quantify productivity, the Fed at that time had no way to calculate productivity and post it as a statistic. Since then and probably longer, governments have been happily lapping up all that increased productivity computers have brought us.
It is now thought that in 5 years computers will be able to do 80% of the jobs in the Western World. So if all this is true and the sources are in my limited estimation, very reliable.
So to me it seems that governments are around the world are implementing a solution.
I can see their end game sort, of but as yet, not really very clearly.
But looking at this from a non-traditional perspective. Definitely were the goals are a fundamental shift in how we distribute and use currency, might be the order of the day for the world's central banks.
In 25 AD Titus Livius told the Roman people, Rome would fall unless they changed their ways. He was laughed at. It took a few centuries but his prediction turned out to be correct. The fall of an empire can be slow because of momentum, or fast because of inside traitors, but once it starts... all bets are off.