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Biggest Inventory Build In History Prevents Total Collapse Of The US Economy
While we already observed that in Q1, US GDP rose by an appalling 0.2%, far, far below the consensus Wall Street estimate (in case you missed it, here again is the one thing every Wall Street economist desperately needs) and precisely in line with the Atlanta Fed forecast which we brought attention to in early March, confirming yet again that US stocks no longer reflect any fundamentals but merely Fed and global liquidity injections, there is something far more disturbing under the surface of today's GDP report.
Inventories.
Specifically, the $121.9 billion increase in private, mostly nonfarm, inventories in the first quarter.
Cutting to the punchline, this was the biggest inventory build in history.
Another punchline: in Q1 2015, the US economy rose by a paltry $6.3 billion in nominal terms to $17.710 trillion.
Here is how the total GDP growth compares to just the increase in inventories, which as we wrote earlier this week, is the primary reason why the world is now gripped in a global deflationary wave.
In other words, if US inventories, already at record high levels, and with the inventory to sales rising to great financial crisis levels, had not grown by $121.9 billion and merely remained flat, US Q1 GDP would not be 0.2%, but would be -2.6%.
Oh heck, just round it down to -3.0%
Which means that as this massive inventory overhang is eventually cleared out (once the US runs out of space to store all these widgets, gadgets and raw materials, here's looking at you Cushing) US GDP will be pressured even more with every passing quarter, or else the moment of deflationary rapture when everyone is forced to liquidate and/or dump this inventory at the same time, will result in a monetary supernova which will leave the Fed with no choice but to literally paradrop money on the continental US.
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Green shoots.
The lying bullshit e-CON-omy is on its desperate last legs, stocking up useless shit that nobody will ever buy. Love the health care cost portion of spending: as if health care really cares.
And as if housing price spending is at all productive.
The inventory build has got to be mostly oil related.
But it still means GDP was solidly negative without even half of it.
Okay, now that we are fully stocked up on skittles, time to saddle up the unicorns!
I think that the worst part about all this is realizing that we are not going to go out with a bang, nor is there going to be a chance to start over. Nope, gonna be a long, slow way down, which gives ample time for reflection.
pods
At first you go broke slowly
then bankrupt quickly
Cannot remember the exact quote or who said it
Hemingway.
Maybe we could build a fire, sing a few songs....
The best moment: "Why don't you put her in charge?!"
Actually, I wouldn't mind but some may be a bit shocked what I would do. Probably best if I stay contained with the microbes.
Miffed;-)
"They're dead, alright? Can I go now?"
Yup, I believe in short and simple. I live in a world of namby pamby bullshit and I'd love to clean up this putrid mess and go home to my garden. My gifts are under appreciated.
Miffed
Welcome to New America. The economy is so fragile and unpredictable that businesses are finding it safer to invest in tomorrow's COGS at today's prices rather than see how much less X tomorrow's dollar will buy. A similar hedge will soon to be more apparent as the (aware) masses overstock their pantries and toiletries as a safer investment than chattel paper.
OBAMA vs. REAGAN on GDP GROWTH — NOT EVEN CLOSETrickle Down Economics versus Trickle Down Socialism
http://www.thegatewaypundit.com/2015/04/obama-vs-reagan-big-government-s...
“How did you go bankrupt?” Bill asked.
“Two ways,” Mike said. “Gradually and then suddenly.”
The dialogue above is from Ernest Hemingway’s 1926 novel, The Sun Also Rises.
Historically when inventories rise by unfounded amounts, production is cut back to restore the inventory imbalance.
Almost Regardless of the pace of sales.
Slower GDP in Q2, anyone?
layoffs will be inbound for Q2 as well.
" Change you can believe in! "
... or should it be, "bereave ?"
Believe in economic terrorism, because that's what they have planned for us all...
http://galeinnes.blogspot.com/2015/04/economic-terrorism.html
You don't see them fucking each other over for a goddamn percentage.
Jeezus, are you faggot doomsaysers out again over a measly 3% decrease, that didn't actually happen? Go back down into your basement and play video games for another 5 years. It ain't happening soo.
The American economy is dead on its feet, a victim of cultural suicide. It has been dead for years now. It is just so damn big that it is taking forever to fall over. But when the body hits the ground shortly, things will get really interesting around here. Americans have no experience with this kind of event, which will make matters much worse.
please explain with more detail what you mean with cultural suicide
Baseball where fans aren't allowed, monsanto apple pies, and bankrupt chevrolet...where the hell does one begin?
Isn't it obvious? Hotdogs....
" Cultural suicide " as in, " Rome got 'culturally suicided' and finally collapsed in 476AD. "
There, does that help?
Cultural Suicide When people totally neglect their own culture and imitate another culture. many people think that globalization has caused young people to culturally-suicide. ------- ------- We are blind to the contradictions in welcoming an immigrant but not making him one of us. Multiculturalism — as opposed to the notion of a multiracial society united by a single culture — has become an abject contradiction in the modern Western world. Romance for a culture in the abstract that one has rejected in the concrete makes little sense.http://www.nationalreview.com/article/349447/western-cultural-suicide-vi...
"When people totally neglect their own culture and imitate another culture"
Reminds me of all the confused white kids who are intensely ashamed of their whiteness and therefore imitate the black culture. And so much to work with there: No need for proper grammar, belts for your pants, jobs for money, dads for kids...
The US Gov't (and the nation in general) has been 'busted out'. Stripped of everything valuable, and saddled with debt.
By whom.... Who got fantastically wealthy from this process?
Wasps and Juden, with a few coloreds thrown in for diversity.
Baseball-Fantasy League
Hot Dogs-Pink slime
Apple Pie-Cheese cake
Chevrolet-Electra Townie 7D
welcome to the new economy
Cultural suicide is just a rather extreme/pedantic/myopic/static-worldview description of societal transformation. You could say it means society abandoning one mode and transitioing to another, but that would be reifying a hilariously static conception of society. (Society is more a process, a metastable system, than a thing).
Nonetheless it's an extremely popular notion. Just about every survivng written social commentary from every civilization has stated it in some way - society always ain't what it used to be. Why, before the so-called Enlightenment, it was a common historical schema - http://en.wikipedia.org/wiki/Ages_of_Man. That is, before people such as Laplace, Gauss, Quetelet, and Galton invented/discovered/developed statistical techniques allowing us to actually measure this stuff in meaningul ways.
Or could it simply be that a "culture" is what defines us and unites us and to abandon it for a multitude of coexisting cultures weakens our society, destroys any sense of commonality that might actually incentivise us to work for a common good rather than individual and sometimes competing interests?
Maybe?
Many societies that have dissipated has done so through multiculturalism that has eventually dissolved and eliminated the existing unifying fabric. We are not changing into a new butterfly, we are becoming a larvae that will disappear underground for some indefinite period of time to reemerge as something completely different and unpredictable. We may experience a long dormancy of despair followed by something nobody wants to see.
I like to be able to point a finger a single problem (or group of them), then use a nice length of rope to fix it.
"How did you go bankrupt?"
Two ways... gradually, then suddenly ~ Ernest Hemingway (the sun also rises)Meanwhile, racist negro Obama blames the Republican Congress for his violent kneegrow trash sons rioting in Balmer.....
DEAR LORD, I pray for a horrible death for this race baiting muslim communist......
I know President Biden would only hate America half as much as the imposter_in_chimp....
Great help. Thanks for the contribution.
http://www.breitbart.com/big-government/2015/04/28/obama-on-baltimore-re...
That is actually kind of funny. To see something like what is going on, and put it through the blender to have it come out like this.
More cheese to the ghetto will solve this problem. Yep.
America is so fucking fucked it is not even fucking funny anymore.
(channeling Long Soup Line)
pods
i dont care much for ron paul supporters, they are assholes (ok i concede it just a handful but after the subversive shit they pulled in iowa it is hard not to bunch them together.. i will take responsilibty for being closed minded to them), but that being said.. he is right... end the welfare state now!!!!!!!!! let these people figure it out or die.... we shouldn't have to support this
Go take your medication.
downvoting truth i see.... pretty sure nafta helped do this and that was pushed by globalists bush and clinton.... and passed under clinton.... not advocating voting r but if you vote d you deserve what you got
What if we don't vote? Do we deserve getting fucked by BOTH the D's and the R's?
Sounds kind of gangsta if you ask me.
pods
i don't vote and yes we still get fucked but atleast we have our conscious
That's democracy for you
Until we stop voting D/R we deserve what we get
What with all the chromozonal damage from the generations of inbreeding of which you are an obvious result, I guess it's hard to understand how that 'Christianity' stuff is supposed to work...brain don't work too good.
BR, spoken like a true master baiter.
That praying for a horrible death is one reason why religion is such a problem in the world. And the people who practice it.
Agreed. Everyone here calling for collapse. History shows it will be a slow, painful, agonizing death....and probably violent.
The greatest misallocation of resources ever continues.
Yeah but, at negative interest rates, holding more inventory increases borrowing by firms, which is good, because they need profits from somewhere.
It took me a number of years after 2008/2009 to realize your wisdom and come to a point of relaxed acceptance. The death of anything on life support is hard to predict, can happen suddenly or be agonizingly slow.
In the meantime, kiss some loved ones and smell some roses.
And, break some windows!
I only break kneecaps.
Don't break the left clicker, buddy! Go back to flowers and kisses, it suits you better!
But it stimulates Obamacare and the sympathy flowers industry!
I suspect you may be underestimating the velocity of some of the downhill sections. I also wonder if this record setting build in inventories might have a slight amount of fiction in it. If you need to fudge the data the first job is to find the best place to insert the fudge factor. Why not inventories?
Yes, we have 50 pallets (no) bananas.
Meanwhile the banana seller is away, buying STAWKS.
<< I suspect you may be underestimating the velocity of some of the downhill sections. >>
You got that right! Many people are completely blind sighted by this downward tend and have not prepared. My friend in chemical engineering in north Houston [with one of the big O&G companies where he's been for 8 years] told me last September he had nothing to worry about ... "solid growth in the economy" he said. He bought a $780K + house two years ago, so optimistic was he.
In December he received his 'pink slip' ... luckily his wife has a health care job.
"From the Sublime to the Ridiculous is but a small step."
Ironically enough, Peppers are helping with the Inventory buildup, albeit in some niche sectors of the economy.
"Keep stacking & packing" goes the mantra. Permanent fear (whether natural or induced) can also be useful tools of maintaining demand for marginal products and services, and maintain the VoM.
Only true participation in the Parallel Economy (Barter and use of PM coins) truly starves the Beast.
YES! "inventory" good!
Skittles....lol,
If people get raptured does their crap get craptured?
Hope not.
If I have a mansion of many rooms waiting for me, I want all new accessories.
New series on MTV, Pimp Yo Afterlife Crib.
good answer
https://www.youtube.com/watch?v=-0_0dVY35cI
Weatherbell's long-range forecast is another very bad winter, and the sunspot guys are absolutely apoplectic about the 30+ yr (3 cycle) falloff in sunspots & solar radiance.
So you are telling me that soon NC will be like Upstate NY? Lovely.
Well, got a brother in Florida.......................
pods
Yeah, but it's a dry heat.
Link or text? Morbid curiosity because the last two winters really sucked here.
IF Japan is the model (and it is; Bernanke and Krugman helped build its financial thinking), then the US economy will be more like the Leaning Tower of Pisa (which slowly fades towards the groud), as supposed to the WTC (which fell at a speed of a demolition; but it wasn't a demolition. Right).
I remember in one Thermodynamics class where we discovered that Jet Fuel not only melts steel, but also removes air resistance while not buring anything laminated. I took a passport once and put it on a steel bench. Poured Jet Fuel on it and set it aflame. Not only did the passport not burn, but the table collapsed on itself at the speed of gravity.
Some weird shit that Jet Fuel.
You can also drink it:
http://www.amazon.com/Coffee-People-Portion-Brewers-96-Count/dp/B007TJGY...
pods
No no no see the fire insulation and the air pressure gradient and the office supplies, yeah yeah the office supplies, that made it all burn at like 10,000° Kelvin. No wait, now I remember, the jet fuel all burned up within a few minutes, but it set all the office supplies on fire! Yeah, that's the ticket.
You know cause other office fires, in steel-frame towers, of which there have been many, and which have been extensively studied by all kinds of experts for decades, were all in offices with no office supplies!!! And stuff.
Luckily, the State Department does this thing where they randomly choose certain passports, like 1 in 100,000, and print them on this special stuff that's indistinguishable from regular passport paper but is ignition-proof up to the temperature of the core of a neutron fucking star.
And it's instantly locatable among 50,000 tons of burning rubble, most of it buried 8 stories deep, within hours.
9/11 is the lithmus test.
And if you don't pass, it doesn't bode well for you. I honestly don't see how you can be part of 'post-collapse' society. This will literally put you on the wrong side of a coming CIVIL war. Which really is an information war, first and foremost. Hence the need for a lithmus test.
too funny pods, too funny. haha
....and let's not forget, this stockpile of inventory happened WHILE we had the largest US Ports in California shutdown....the inventory numbers could only be higher if the Ports were wide open during the last quarter.
GREAT POINT. What a stage production this all is.
I'll build my inventory once the economy and financial markets collapse. Fire sale!
Been building inventory for quite some time. .223 .308 and more recently 300 Ultra Mag.
No shit, there will be a finite window before the Fed reacts where anyone with cash can go nuts.
Then, the abyss.
Just think the large inventories will make for more spectacular riot videos, and heavy handed looting. Sounds like a Cheap Hollywood plot device.
I guess you know the same tribe is running DC and Hollywood? The one these two are from;
http://thehill.com/regulation/240163-religious-leaders-want-justices-res...
I remember reading a long time ago, I can't remember the reference, a man bought a city block in Berlin, Germany post Weimar days for a few gold coins. Maybe a few ZHers might be wealthy after the collapse. Maybe we'll have to buy back the property we previously owned when the new Country natipnalize all property and then sells your property back to you that survived to raise money for the new Gov't. A shitload of variables will exist post collapse.
Variables will follow Dem and Rep politics. If you want to prosper, move to one where the state house and governor is ALREADY Rep. If you want more misery and pain, stay in the Dem. slave states.
Why wait for collapse? There's a few blocks in Baltimore right now that can be had for a gold song.
BULD IT
and they will come
Not
i see it politically.
2015 NEEDS TO BE ANEMIC....So that 2016 can show bigger % GROWTH! Candidate clinton needs to show she'll continue the path forward that "is now working"....etc.
It will be called the "Obamacare recession" in the history books. It was a severe recession at the end of a depression, all covered up with fudged statistics until Obama left office.
they all--Bush, Clinton, etc--cooked the books to get the media headlines they wanted and the sheep to believe
Then covered up with a massive war, just like the late 1930's recession.
Holy Crap! More on health care than on housing? WTF!
I reached the conclusion ... a year, maybe two ago ... that the health care system is really just a front for an asset confiscation scheme as EVERYONE gets old and eventually sick. One could have lived a right, just life, saved and saved, but it could all be over in a matter of one month in a hospital for an illness. Medical bankruptcies are the most common reason and one doesn't always get to keep all of ones stuff.
Just asset stripping the middle class!
Regards,
Cooter
Absolutely. My uncle is in his early 90's, and is self-catherizing. In the last three years, the cost of his catheters has gone from $2 to $11 each! Of course, Medicare pays for it. Without it, he would have to stop pissing at $33/day, $990/month, $11,748/year. But just imagine the enormous profits accruing to some in the medical industry. No wonder few speak up. But we all end up paying some how. Disgusting.
Some of us have catheter companies bundled in our diversified 401K holdings.
Bingo!
This is the new American dream. Work hard all your life and accumulate a comfortable nest egg so in your final days you can pass in on to the medical/pharmaceutical industry.
Don't worry, there's a new plan being put in place: work hard all your life, accumulate nothing, and then face execution by Death Panel®
Do you know, in medieval times, the Church was responsible for the distribution of inheritances, the carrying out of final testaments, wills, etc. Why do you think they cared so much about monopolizing the funeral market? Of course, if you DIDN'T leave a (legal) will, the Church gratefully accepted your estate (it was a sort of 'catch-all').
I can't seem to get passed the "work hard all your life" part.
And you've noticed that the real growth industries are those that can wedge themselves been the .gov and the beneficiary?
Liberator medical (and their ilk) didn't come about because they have a great product, I doubt they have any products of their own, but it was likely started by people who combed the medicare legislation looking for the optimal business to get involved in. I doubt that catheters have really gone up that much in price over the years but places like Liberator (product aggregators) have wedged themselves in there between consumer and supplier and caused the prices to go up so they can line their pockets.
All they promise is to keep your private purchases on the DL and be the most convenient out there blah blah blah...yes and the most expensive.
And why? Because they can...
Yep. This is the same across all spectra of the economy. Case in point, an idiot down the road has a contract with the state/feds to provide food and run the commissary in the prisons. The dipshit just built a 10,000 sq ft house and is running for political office. He built the house on a flat grade and built an elevated levy behind his house for a lake (higher than his house I might add)... when the neighbors asked him how he planned on filling the lake with water since there is no runoff (it's flat), he shrugged... yep, still dry... an expensive mud puddle basically. Total dipshit.
I've posed the question before, but is entrepreneurship something that we really want to reward so handsomely?
I'd hardly call feeding at the government trough "entrepreneurship".
Yes, but how to you separate the two? If you cannot create a totally private enterprise, because it requires graft, connections, or other association with government and, further, all of your clients are wards of the state in some form or fashion, then how do you separate private from public? This is why we're impotent to change and why manipulating the money supply taints everything.
I'm really curious as to what your definition of entrepreneurship is because I strongly suspect it can only be achieved in the ivory towers of academia... not the real world... certainly not at any relevant scale.
Nothing wrong with a little entrepreneurship. The trouble comes when you elevate these folks to god-like status, and let your economy depend on their continuing to...entrepren?...all over the place...
Then you get companies in Silicon Valley IPO'ing at billion dollar valuations that years ago would have been relegated to some geek's garage in Bumfuck, Iowa, and being peddled on local late-night TV infomercials. Today every new thing, no matter how ridiculous, is praised for being so 'disruptive' and immediately packaged and sold to investors.
They say like 9 out of 10 new businesses fail in the first two years. Well, there's a reason for that. It's because most new business ideas either suck, are redundant, have no discernible market, are too costly or are actually illegal to implement. They SHOULD fail, and they should do it BEFORE the IPO. In fact, they shouldn't even get anywhere NEAR the IPO, and would-be investors should be telling them to get lost, not outbidding each other for them.
No worries mate. I saw the right honorable Fred Thompson, on Tee Vee, telling me that Reagan signed a law over 30 years ago that is our ultimate salvation! Let me tell you about the good word...reverse-mortgage. Give your soul to the devil and your house to a bank, brother.
I'm of two minds with the reverse-mortgage thing. On the one hand, yeah, you end up giving the house back to the bank when you die, but really, what difference does it make?
You aren't going to take it with you, (when they finally come for you, they won't be bringing luggage carts..) and chances are your heirs won't want it, and it'll be sold. After taxes, fees, comissions and such, your kids can fight over what scraps remain.
So, maybe having the bank pay YOU for a few years isn't such a bad idea. Take your 'profits' while you can, while you are alive, and leave nothing they can steal. Why leave behind a liability, or tie your heirs to a piece of land they cannot move or take away? You've paid for it for many years, now let it pay YOU. Live long enough and you may just break even. Not too shabby, considering you've lived in the house all that time.
Leave your heirs real property, stuff they can take away and liquidate easily, like jewelry, cash, other portable valuables. Let the bank, and your tax municipality, keep the old house on the corner lot that won't be worth squat anyway, or be generating tax revenue.Let THEM worry about maintaining it, or figuring out what they'll DO with it.
Then take the money and spend your final years on the beach in Costa Rica or something. Or just take the reverse-mortgage money and buy gold and leave THAT to your heirs instead.
That might just be brilliant.
Move to someplace with a cheaper COL. Rent out the house + reverse mortgage = nice life on a beach somewhere. Maybe some cash to give any heirs.
You could skip the hospital. Pop the bubble. Just stay home and let nature take its course. Ben Franklin lived to 84 in 1790. No MRI or antibiotics then.
We are most definitely enrolled in the Franklin Medical Plan. Dear friend recently had bunghole problems and must (gulp) wear a colostomy bag, at least temporarily. If this happens to us, we will summon our last shards of energy and go out Butch & Sundance style.
They've nearly criminalized dying at home, these days, w/o hospice being involved. The Death Industry is bound and determined to get every cent they can from you as you lay dying. Good name for a hospice nurse company, As You Lay Dying.
I love the ironic catch term, "preserving dignity" - as if there is any dignity in hooking an old lady on morphine as she starves slowly over a few days, and giving her that last fix.
@crazycooter
Yep. For an early - mid 30s couple, my wife and I pay more in health insurance premiums than our mortgage... I don't believe that will ever change. However, the cost of comparable rent would be significantly more than the health insurance cost. Further, as self employed folks, some of us get an above-the-line deduction for the insurance premiums (as opposed to being required to itemize and, thus, being subject to the 10% AGI limitation).
The problem with the healthcare confiscation issue is the same as most parts of the economy. We're impotent to change because so many people rely on the confiscation mechanism for their sustenance. How many healthcare workers are there in each house? Maybe one out of every four or five (tops) houses has a health care worker? You mean let the hospitals and those with large debt loads go bankrupt to reduce prices across the board? Madness!
There are also ways around the confiscation mechanism... Most medical debt can be either put off indefinitely or settled for pennies on the dollar. It helps to understand that the bill you receive is just a starting point for negotiations.
This is moral hazard.
If you are one of those entrepreneur types, I got a business idea for you (or anyone on ZH).
Is it possible to start a business which with a customer registers and subsequently specifies what services/drugs/prices are acceptable to them. This service could then register that customer with all hospitals. If a hospital attempts to provide that service, knowing the customer wants it refused, they lose the ability to collect. Part of the service is expertise in putting together packages of decisions (complex!) for customers to choose from.
Then, for someone who is older, they can avoid being asset stripped in their final years (against their wishes).
Me, I might accept emergency life saving care (e.g. car wreck) but deny any an all cancer type stuff. I got a nice life insurance policy, so the wife will get taken care of.
The feasibility of this business model centers around an interesting question; does the CUSTOMER really have control over PRICE?
Regards,
Cooter
My plan is just to leave this cesspool. It isn't ever going to get any better.
I've decided to never pay a medical bill again unless I feel the charge is justified. Sine 100% of medical bills are fraudulent in some way, I'll pay my co-pay and the doctor/hospital better be satisfied with what they get from the insurance company.
Essentially you're trying to hang medical providers out to dry with a trap for the unweary. I see no incentive for medical providers to sign up for the service. Further, they're perfectly capable of making their own determinations, at the time a service is provided, as to whether the patient wants the service [so is the patient].
Medical providers now have to do a cursory inspection as to whether your payer source will pick up the tab. If not, then you're going to have to fork over the cost yourself. The way they protect themselves is to get the service preapproved...
After the fact medical billing collection is a crap shoot. The only reason why patients are able to have so much success (and will have even more success moving forward) is that everyone is a turnip. Go get the services you can and then worry about paying for it later. If the medical provider is dumb enough to see you, then shame on them. If it gets bad enough, they'll just lobby for even more guaranteed profits... which promptly go to mostly useless administrators.
Most medical workers are Dem's. Let'em go.
Organized vs unorganized or poorly organized.
Under the auspices of government mandates, tax breaks, condoned monopolies, and direct entry with huge "programs" medicine has become progressively more organized.
Corporations have one foot in real businesses and one foott in the OPM biz. OPM giants, government and banking cartels, have steadily increased their power and altered the playing field. Inevitably the OPM side of business has become increasingly important.
I expect corporations to;
1. Avoid taxes
2. Lobby
3. Borrow cheap
4. Cash out at regular intervals
That's where the value is in this environment. That's why corporations command premium above their base businesses.
You see what I did there? Nothing deep statey or jewishy or conspiracy. Right out in the open in plain sight. All based on the age old pusher-junkie paradigm. Oh sure people will conspire, that's just icing.
And amazingly junkies just can't seem to see it. Even when it's not their junk.
Excellent observation. With prolongued longevity the need for healthcare and medication grows. In the past people didn't live long, earned wealth and then passed it onto family members who could put it to good use quickly. Now the blockades are in place to heavily tax inheritance, and if the person lives long enough - to drain every last penny out of him or her, leaving the family with zero assets at best.
Private sector encourages grandparents to take reverse mortgages to help with bills or to lend a hand to kids willing to jump into housing. That way kids will qualify to borrow more than they can afford and neither will end up with a house.
I'd have my own ads encouraging elders to write wills and hire good lawyers to utilize tax loopholes, if they're so eager to help out their families... but that would then feed the lawyer bubble... so nevermind. Hit the books, ecorporate, dodge tax, hide and transfer wealth and die early. That's my advise. Do what the banker families (eg. Morgans and Rockefellers) did a hundred years ago.
Want to help family? Fuck the banks and fuck the government.
When spending on "financialized services" creeps up in GDP above 5%, A CORRECTION IS INEVITABLE
China = Ghost cities
USA = Ghost inventories
Now on sale! Steep price cuts!
Exactly.....we grow green shoots, pea shoots, micro greens and any seed that will germinate and they are selling like hotcakes. People save yourselves by going back to the land, forget the useless consumer goods, people will always need food.
the marijuana industries in Colorado and Washington pushed the GDP out of negative territory.
yes but this is actually just taking away from CIA-MI6 drug running black market share. not that that is a bad thing. black market to "white" market (green market?).
the pot shops appear to be the only ones (beside food stores) able to turn over inventory.
More like Poop Chutes
Zero Hedgers need to stock up on gold and silver NOW so they can take the heavy losses when the metals crash even further.
Zero Hedger = Definitely not the smart money.
lol the "green shoots" always gives a chuckle; it's like the Great Lost Meme for Economists.
WHAT happens WHEN EVERY Murkan Ciddy "goes Baltimore" in a BIG way?
Who maintains all the refineries when it's all on BIG Baltimore Black Riot http://wp.me/p2kmGE-4B2
Time to blow a bunch of shit up. WAR!!!!
Yeah we need a war- too many idle people rioting in Baltimore - we can't let this contagion spread.
Or anyway, an absurd gesture on someone's part. /Animal House reference
WOAR!!!
Mmmmm! Take that, bitchez! Since LehmanTM! Since forever!
We're on the express elevator straight to hell! Sombody wake up Hicks.
Bonus internet points for your reference.
We quote from Aliens around here a lot. Not sure why but we like to nuke stuff from orbit. It's the only way to be sure.
What are we supposed to use, harsh language?
Oh that's great man... that's just fucking great man. We're all going to die ou there man!
Game over man, GAME OVER!!!!
Hudson makes being a coward funny.
Love that character in the movie.
Would hate him in the fox hole next to me, though.
You better just start dealing with it, Hudson! Listen to me! Hudson, just deal with it, because we need you and I'm sick of your bullsh!t.
Maybe we got them demoralised.
You know, Burke, I don't know which species is worse. You don't see them fucking each other over for a goddamn percentage.
Hudson: Hey Vasquez, have you ever been mistaken for a man?
Vasquez: No. Have you?
Burke: I made a bad call.
Hicks, you look like I feel.
Overheard in Baltimogadishu:
"It's gonna be dark soon, and they mostly come at night. Mostly."
pods
I wold rather wake up Rod Serling because that is the only way this thing might end any fucking weirder ...
Regards,
Cooter