This page has been archived and commenting is disabled.
The Financial Markets Now Control Everything
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets.
The financial markets don't just dominate the economy--they now control everything. In 1999, the BBC broadcast a 4-part documentary by Adam Curtis, The Mayfair Set ( Episode 1: "Who Pays Wins" 58 minutes), that explored the way financial markets have come to dominate not just the economy but the political process and society.
In effect, politicians now look to the markets for policy guidance, and any market turbulence now causes governments to quickly amend their policies to "rescue" the all-important markets from instability.
This is a global trend that has gathered momentum since the program was broadcast in 1999, as The Global Financial Meltdown of 2008-09 greatly reinforced the dominance of markets.
It's not just banks that have become too big to fail; the markets themselves are now too influential and big to fail.
Curtis focuses considerable attention on the way in which seemingly "good" financial entities such as pension funds actively enabled the "bad" corporate raiders of the 1980s by purchasing the high-yield junk bonds the raiders used to finance their asset-stripping ventures.
This increasing dependence of "good" entities on players making risky bets and manipulating markets has created perverse incentives to keep the financial bubble-blowing going with government backstops and changing the rules to mask systemic leverage and risk.
The government must prop up markets, not just to insure the cash keeps flowing into political campaign coffers, but to save pension funds and the "wealth effect" that is now the sole driver of "growth" (expanding consumption) other than debt.
To maintain the illusion of growth and rising wealth, the financial markets must continually reach greater extremes: extremes of debt, leverage, obscurity and valuations. These extremes destabilize markets, first beneath the surface and then all too visibly.
The technological advances of the past decade have enabled a host of financial schemes that together have the potential to destabilize the markets globally.Technology enables high-frequency (HFT) traders to only suffer one losing day per year, complex reverse-repo swaps/trades, huge derivative bets and shadow banking, where all the risks generated by these activities can pool up outside the view and control of regulators.
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets.
This spells the end of the electoral-political control of the economy, as politicians of all stripes quickly abandon all their ideologies and policies and rush to "save" the markets from any turmoil, because that turmoil could destabilize not just the financial markets but the economy, pensions and ultimately the government's ability to finance its own profligate borrowing and spending.
This dependence on the markets is pushing central banks and states into ever-more extreme policies, even as the risks of complex swaps and trades is rising beneath the surface.
A case can be made that the technologically-enabled complexity of the shadow-banking markets is now beyond the control of the state or central bank, which leads to a sobering conclusion: the next crisis will not be controllable, and destabilized markets will not be "saved" by tricks such as lowering interest rates to zero and increasing liquidity.
The structural problem with everyone and everything now depending on the speculative returns of the financial markets is there can never be any market clearing event that exposes phantom collateral and forces the liquidation of bad debt and excess credit.
I explain the danger of continually 'saving" the markets from any market clearing event in The Yellowstone Analogy and The Crisis of Neoliberal Capitalism (May 18, 2009).
When a forest is never allowed to burn away the accumulation of dead branches and underbrush with a limited fire, the forest eventually catches fire anyway. The deadwood (of bad debt, excessive credit and leverage and phantom collateral) is now piled so high, the entire forest burns down to ashes.
This is the eventual cost of never allowing any clearing of financial deadwood because everyone is now so dependent on financial markets that the slightest swoon will bring down the entire system. This vulnerability only increases with every "save" and every new bubble.
All the "saves" have done is guarantee the financial system will burn down in a conflagration ignited by a seemingly trivial spark somewhere in the vast global system of phantom collateral
»
- 48190 reads
- Printer-friendly version
- Send to friend
- advertisements -
U don't say...
It was only a matter of time before God got demoted, he hasn't hit his numbers in a while.
All TBTF Banks should be targeted for destruction, and all their banker-welfare-wards-of-the-taxpayer executed or jailed indefinitely, and the Federal Reserve needs to be sacked as the Bastille was, with or without US Military Assistance.
We will control the horizontal
We will control the vertical...
https://www.youtube.com/watch?v=FCcdr4O-3gE
Wow, how very nebulous of Charles. Financial markets?
Think you might have to unroll another couple layers of the onion. After you are done crying, you will see who controls everything.
pods
What matters is Chuck Schumer's portfolio which consists of 50% SPY and 50% DIA.
"Get to work (on my portfolio) mr chairman."
"The Financial Markets Now Control Everything"
The Protocols are all moving forward swimmingly.
Bwoooahahahaha!
I am going to predict that the market will whip saw today when the FED makes its announcment and will either end up flat or green at the close. Every bad news that comes out is TRANSITORY.
When you give 1:500 leverage to Forex traders, just as an example, then effectively you can control the market with even a small investment. Volatility has come back to stay. All explained in this video.
Citadel is doing exactly this with a backstop from the Fed. Leverage can kill you but it can also give huge possibilities to the traders that know how to use it.
"The Financial Markets Now Control Everything"
Am I dreaming, or do the Tylers finally admit that "private industry" controls [butt-licking] Government?
I don't want to be a "conspiracy theorist", but perhaps a few can now see how similar Liberals and Libertarians are....
Solve how a people can avoid exploitation and control by a "ruling class" and we all get freedom and liberty.
No? Too far...too soon?...[sigh]...
It won't come crashing down...until "we" help start it...
If the Protocols were fake they sure are following them closely.
Protocols Fake? Too close for comfort IMHO, Not each and every one but like a roadmap, and I am not fond of the ending.
A roadmap to economic terrorism, where the wealthy become insanely wealthy, and everyone else shrivels and dies, though I'm not a master novelist I've tried to explain it some in this blog post, please feel free to give some feedback or tips to help me improve it. (Constructive criticism welcome)
http://galeinnes.blogspot.com/2015/04/economic-terrorism.html
Hey Charles...water is wet
Jailed indefinitely? Why? We have guillotines.
We don't need these animal sitting in cells promising to squeal. Exterminate.
Cattle bolt guns used in slaughterhouses are fine with me - ammo prices are too high as is.
"Cattle bolt guns"
"Anton Chigurh: What's the most you ever lost on a coin toss."
Schwaaaaaa-thunk!
What i find interesting, is that ZH posts those margin debt charts almost every week, expecting a crash. And I see their point, however.
In April this month, NYSE margin debt sat at $476.4 billion, up from $464.9 billion at the end of February. And the wrinkle is that margin debt rose during March even as the S&P 500 dipped nearly 2 percent.
While so many novice investors keep posting that NYSE margin debt chart without really understanding what they actually mean!. So this will clear it all up for you in 2 minutes. This Chart here will open your eyes => http://www.bit.ly/1fMcakI quite astoudning!
I freelance over th? internet and earn about 80-85$ an hour. I was without a job for 7 months but last month my paycheck with big fat bonus was $15000 just working on my computer from my home for 5-6 hours. Here's what i have been doing... www.globe-report.com
The big con.
http://showrealhist.com
Bankers need to be publicly shot and banks need to be turned into public utilities. Sound money is a human right.
Be careful about using the term "human rights". That term is usually used to justify tyranny. The general population has been convinced that the leadership knows what its doing right up until said leadership declares a dictatorship. We are now hitting that point but suppressing the world is going to be a bit tougher than they think......
Oh, you sayd tyranny, not 'tranny.' Sorry, I just had to deal with a bitchy chick who, upon further research, it turns out that she is or was a he. She was very confused regarding people's intentions, to say the least.
Nothing that someone else has to PROVIDE for you is a "right." You can demand it, burn something down, stick a gun in someone's face, but that doesn't make it a right.
You want sound money? Make your own.
Don't like banks and bankers? Don't use them or their Federal Reserve Notes.
Sound money provided by yourself directly is a right: and is illegal.
Same problem with social services - corruption has taken over and no one wants to clean out the blood suckers.
LOL...MSNBC last night...the problem in Baltimore was that there wern't enough "Recreation Centers" and "Community Centers" and "Places for people to get a meal" (insert "free" meal)
Yep...the whole problem was that "other peoples money" wasn't providing enough "free stuff" for the kids of Baltimore.
LOL!!!! The laws of physics and Nature disagree. The planet will be fine.
But who controls the financial markets?
Illumminati? Jesuits? Space Lizards?
Off topic, but HoffPo put together a really useful guide:
According to the U.S. Census Bureau, white people have another 30 years to enjoy being America's majority race. But come 2045, the white population will make up less than 50 percent of the American population for the first time ever.
So what's a privileged white person to do? Luckily for Caucasians everywhere, "The HuffPost Show" put together a helpful guide to ease the white transition into life as a minority.
http://www.huffingtonpost.com/entry/so-youre-about-to-become-a-minority_...
Remember, it's "racist" to want to remain a majority.
It is also racist to be white.
Sorry, I don't make the rules...
"It is also racist to be white."
You are feeling sorry for yourself? Pathetic. I feel sorry for you too.
Most people would call me white too, altho I am kind of dark from working in the sun for so many years. Get over being white. Whites have always been a minority within the human race. We are still here. We are not going to disappear. Nothing to worry about.
However, if you are racist, you will probably continue feeling bad...
Yawn.
I agree with 29.5. You really should quit the divide tactics asshole. Then fuck off too.
No - fuck YOU.
Way to argue with yourself over things I never said or alleged {or thought}. And you didn't bother, I'm sure, to actually WATCH THE FUCKING VID.
You are a bitch. The sort of bitch who equates the sarcastic recommendation of a glib video about demographic change with some sort of racial supremacism?
Quite a leap - and since you're only doing it because its about "whites" - that makes *you* the racist, pal - not me.
I was simply pointing out the cuntiness of another left wing, hypocritical, and white, as it happens, bitch like you, who doesn't have the brains to think things through, just makes decisions based on political correctness and lazy assumptions.
Friend of yours?
Kiss my ass you fucking bigot
According to ancient legend the white race results from a nuclear explosion in what is now the Gobi desert some 30,000 years ago. The civilization and techniques which made the explosion possible were wiped out. The only survivors were slaves marginal to the area who had no knowledge of its science or techniques. They became albinos as a result of radiation and scattered in different directions. Some of them went into Persia northern India Greece and Turkey. Others moved westward and settled in the caves of Europe. The descendants of the cave-dwelling albinos are the present inhabitants of America and western Europe.
In these caves the white settlers contracted a virus passed down along their cursed generation that was to make them what they are today a hideous threat to life on this planet. This virus this ancient parasite is what Freud calls the unconscious spawned in the caves of Europe on flesh already diseased from radiation. Anyone descended from this line is basically different from those who have not had the cave experience and contracted this deadly sickness that lives in your blood and bones and nerves that lives where you used to live before your ancestors crawled into their filthy caves. When they came out of the caves they couldn't mind their own business. They had no business of their own to mind because they didn't belong to themselves any more. They belonged to the virus. They had to kill torture conquer enslave degrade as a mad dog has to bite. At Hiroshima all was lost. The metal sickness dormant 30,000 years stirring now in the blood and bones and bleached flesh.
He cut himself shaving looked around for styptic pencil couldn't find one dabbed at his face with a towel remembering the smell and taste of burning metal in the tarnished mirror a teen-aged face crisscrossed with scar tissue pale grey eyes that seemed to be looking at something far away and long ago white white white as far as the eye can see ahead a blinding flash of white the cabin reeks of exploded star white lies the long denial from Christ to Hiroshima white voices always denying excusing the endless white papers why we dropped the atom bomb on Hiroshima how colonial peoples have benefited from our rule why look at all those schools and hospitals overgrown with weeds and vines windows melted dead hand frayed scar tissue lifted on a windy street lying white voices from the Congo to Newark the ancient mineral lie bleached flesh false human voices slow poison of rotting metal lies denials white papers The Warren Report he picked up a shirt white wash flapping in the cold spring wind Oppenheimer wipes a tear from one eye with one long finger.
William S. Burroughs - Exterminator! "The Evening News"
You got me on this one. I like to use my imagination and write/think.
- You remind me:
- Mahenjo Daro, Ancient Ruins said to have Glass sand Nuclear Evidence
- Harappa, Ancient Ruins said to have Glass sand Nuclear Evidence
- Rig-Veda Stories of Ancient War in the Skies, and a sky God
- Terrence McKenna
- Graham Hancock
- Joe Rogan imaginings that the Catholic Religions Insiders as well as other ancient peoples may have used Mushrooms, indigenous plants as drugs, and used psychedelics to find consciousness, may have fed them to domestic animals as well, and a shared global shamanic experience may have enabled communication with a teaching entity
But the Chinese, Tibetans, and Mongols ancient history are somewhat unknown in the west
What’s Up With That 500 MILLION YEAR OLD Hammer??
http://www.theburningplatform.com/2015/04/26/whats-up-with-that-500-mill...
About 30,000 very rich people, mostly white males. That's a big reason white males are their scapegoat of choice. Any one of them with average intelligence and a modicum of ambition is a potential threat to their rule and their bank balance.
They don't all know each other, and they're not all members of any secret club. They're not all Jews or Jesuits, much less lizards. On the contrary, few are the least bit loyal to anybody but themselves.
Jews are 3% of the population.
Are they 3% of your 30,000 - or are they MANY TIMES 3%?
Now - what about "Jesuits"?
Blaming jews makes as much sense as blacks blaming whites for their failures.
That's correct, blacks should be blaming Jews as well, not whites.
Who runs Hollywood? C’mon
December 19, 2008 | JOEL STEIN | LA Times
How deeply Jewish is Hollywood? When the studio chiefs took out a full-page ad in the Los Angeles Times a few weeks ago to demand that the Screen Actors Guild settle its contract, the open letter was signed by: News Corp. President Peter Chernin (Jewish), Paramount Pictures Chairman Brad Grey (Jewish), Walt Disney Co. Chief Executive Robert Iger (Jewish), Sony Pictures Chairman Michael Lynton (surprise, Dutch Jew), Warner Bros. Chairman Barry Meyer* (Jewish), CBS Corp. Chief Executive Leslie Moonves (so Jewish his great uncle was the first prime minister of Israel), MGM Chairman Harry Sloan (Jewish) and NBC Universal Chief Executive Jeff Zucker (mega-Jewish). If either of the Weinstein brothers had signed, this group would have not only the power to shut down all film production but to form a minyan with enough Fiji water on hand to fill a mikvah.
http://articles.latimes.com/2008/dec/19/opinion/oe-stein19
*note= Barry Meyer now works for the San Francisco Federal Reserve
The 50 most influential Jews of 2014 | Jerusalem Post
1. Jack Lew, Secretary of the United States Treasury
2. Janet Yellen, Chairwoman of the Federal Reserve
14. Stanley Fischer, Vice chairman of the US Federal Reserve Bank-former head of the bank of Israel
http://www.jpost.com/Jewish-World/Jewish-Features/The-50-most-influentia...
Bullshit, they are loyal to Israel, isn't that right Niall?
Niall wants Jewish kings to rule all over the nations - in accordance, it so happens, with fundamentalist Jewish eschatology.
http://www.globalresearch.ca/aipac-sponsored-fast-track-measures-on-beha...
Niall be crazy, yo.
http://www.globalresearch.ca/new-world-order-the-founding-fathers/5445255
R U Saying we can connect Social Phenomena together to see who might have motive or responsibility for current trends?
- Like
- Rise of Anti-Semitism
- Global Financial Crisis of 2008 - 2010
- Current Global Economic Malaise
- Racism of Blacks toward Whites
- Racism of Whites Police or Elites against Blacks
- US & NATO Wars against Brown Skinned People with Resources, or White People in Iran & Afghanistan
- Greed of White People with Strong Militaries to financialize every resource including people, foreign people, assume all peoples debts, mislead global farmers to put them into debt, and to scheme to get political control of any country with energy reserves or other important resources
So like if there is a rise of Anti-semitism then there could be a big regional war or Race Riots to follow if not a Financial Crisis.
Hit some raw nerves. Good!
I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them. I am free, because I know that I alone am morally responsible for everything that I do. - R. Heinlein.
Naomi Klein says it is just greedy business people not a conspiracy of Lizards or New World Order or Illuminati.
- Well you can prosecute Business People, strip them of Assets, and you can Exile them from the USA & Europe, so that is fine
- If you have no special Elites above the Law, then you can Investigate them, Right?? Put pressure on DOJ, FBI, Name the Top Level DOJ People, Name the Top FBI People and Hold them to Account!!!
- USA has the Power to Freeze International Accounts of Criminals, it is in the Books
- USA can Freeze the Accounts, Strip the Wealth, Destroy the Lives of Criminals on Wall Street, Madison Avenue, K Street, or Washington DC... for Lobbying & Campaign Fraud, Accounting Control Fraud, Racketeering, Rate Fixing, Manipulating Markets, Stealing Pensions and Retirements
The power of the USA to Close Down International Banks CAN BE USED AGAINST the BANKING CARTEL!!
- Close down the Accounts, Freeze the Assets of Criminal Bankers!! Exile the Lame Asses, broke, friendless, and without a Reputation to get a free cup of coffee
nope. the fed will buy everything eventually. even they don't know it yet, but they will.
Ponzi On Dude!
It's good to be king.
Probably also the fact that politicians are equally all-in on the stock market with their personal finances.
Peak market power and importance. Look out below this thing will disintegrate.
A global strike for real wages would stall this shitshow fast. The other plan is to reduce labor costs by going to a slave labor system. Guess wich plan tptb like.
Slave labour except for a few select who are fully indoctrinated and educated to fill specific functions in return for favoured treatment.
Wait, what?
Meh
Everything is great!
Spot on! Burn baby Burn!
Sales and revenues don't run this economy.
Fees (bribes and kickbacks) run it all.
No wonder they are at war with the PMs.
Not control just the ' illusion ' of control.
With over 7 billion people on the planet and all of the interactions that implies, this is way the fuck too complex for control to be more than fleeting. Eventually, one of their little models or manipulations will fail to take something major into account, and *POOF* goes the control.
Such as cold weather might shrink an O-ring on a shuttle OR a micron of paint might disrupt the focus of the Hubble telescope once in space :)
Unless you take out a large part of that space for the sake of making it useless and controlling the rest.
cough cough-ushima-cough
Thus, the financial systemic overload of endless money printing, which is intended to cause the global collapse of all human society, leading to a 90% die off of humanity. A few million slaves are much easier to control than several billion.
Paper catches fire and burns easily. Gold and silver may get hot, but they don't catch fire and turn to ashes.
A couple tweets for whatever it's worth:)
MedicalQuack Seems like Pimco is having same issue w/hiring #Bernanke that plagues so many-confusing virtual/real world values bit.ly/X8R5yz
MedicalQuack #Bernanke has officially joined elite "Fascist Island" Group, businesses that surround Fashion Island mall in Newport Beach:)
When didn't they? You'd have to go back quite a way to find a time when financiers didn't run everything.
Most here wouldn't want to go back there either.
Control "everything"? I dunno, man. This White Man go to reservation and casino of the red Man . . .get heap good deal trade cheap scrip for Red Man fuel and tobacco, no tax hey! Red Man also have plenty fish is parking lot, salmon, oysters, crab for trade, no tax. Red Man takes shiny coin and paper, makes good deal.
These bastards have no sway out on the res.
The end of the banksters world as they know it...or should happen.
http://youtu.be/GPLYJoq_40y
For those to young to remember or have seen it, it was way ahead of its time.
DEATH TO THE BANKSTERS!!!
This video is unavailable.
http://youtu.be/GPYLJoq_40Y
Can't say the few haven't tried the last ten years to warn folks. The 1889 book "The Great Red Dragon: Foreign Money Power in the United States" was a start and the link to it is at http://GreatRedDragon.com . No ads and the book is free via link to scanned version by the University of California. 1200 had downloaded or viewed the book there. My only goal was that the book not disappear. It hasn't. Mission actually accomplished.
Go JEW GO! Jews rock and will take care of everything just like they always have. Handsome fuckers too!
Unlike a forest fire, the coming economic mess will leave surprisingly little actual physical damage in its wake.
Oh, it will SEEM awful while it is going on, and watching those numbers rise and fall and finally crash will SEEM like the end of the world. But what actually happens when the financial house of cards collapses? Well, since so much finance is artificial 'froth', it can collapse quite a bit before actually impacting most people's day-to-day lives.
My house can have a market value of whatever. A high value can let me access equity, a lower one can give me the right to tax easement. There are pros and cons of both. But, whatever the value assigned to it, I'm still living here, and I'm not going anywhere.
No one who has something of actual physical value is going to be hurt. They still have that asset for use, regardless of its selling price. But the ones whose 'wealth' was in the form of "bets" that were made on the value of that and other assets are going to see it go up in smoke, with nothing of value left in their hands. Because the actual HOLDERS of the assets aren't just going to hand them over, and besides, there are too many claimants to the assets as they have been repackaged and resold over and over and over again.
I have no idea how many people have claims that are somehow tied to MY mortgage. But I hope those folks understand that I don't give a fuck HOW much of their life-savings are tied up in those 'bonds' their broker sold them...I'm not going ANYWHERE after they implode. Neither are a lot of people.
All these 'funds' that sell this and that to people like you guys are stealing your money. There ARE no assets, no collateral, to seize for payment should those investments go sour. You'll be totally and truly fucked. All those pension plans 100% invested? They're toast as well...there is nothing behind them, you're betting they DON'T go out of business before you can collect. When they go bankrupt and you are one of the 'creditors' that get screwed, there won't be any auctions of valuable assets where you can recoup your money. Unless you have a use for second-hand office equipment, you'll get nothing.
They'll SAY that the fund is "backed by mortgages", which to most financial civilians implies that there is actual real estate behind them. But really, what does "backed by mortgages" mean? None of those investors can foreclose on anything, nor can they evict anyone or place liens on anyone's home. So it isn't really backed by mortgages, it's actually backed by THEIR own promise to pay. And THEY can't legally claim any of those assets either...they have no claim, they are simply gambling on whether you'll pay your mortgage or not.
Most of the great "wealth" we've seen over the past several years is just like this. Fake, non-existant, based on nothing. They are bets placed on the outcomes of other bets, ad infinitum. There is nothing of value behind them, and so those losers will have no recourse. They will lose all their fake wealth. But the holders of real assets will still have the assets, and they will have value in whatever system comes next.
I see the coming firestorm as more of a temporary flare-up as all the fumes that have outgassed over the past few years ignite. It's big and showy, but flames out so quickly it does little real damage to the forest beneath..
"I'm not going ANYWHERE after they implode. Neither are a lot of people."
Unless you are better armed than the police coming to evict you, you will leave by force without your consent. WILL.
“The few who can understand the system, will either be so interested in its profits, or so dependent on its favors, that there will be no opposition from that class, while on the other hand, the great body of the people, mentally incapable of comprehending the tremendous advantages that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” ~John Sherman
The Matrix is all around you, a prison you can not see, smell or taste
"too big to fail ..."
So if you are "too big to fail" you can:
kill
steal
rape
...
Without consequence!
Whoever came up with that edict needs to be hung in a public square by their ba.ls or tit.!
The law of diminishing returns is starting to really show its fangs
Fed's having a harder time just hanging onto 18,000 just as faith in market neutrality is at its lowest point
Where do they expect to get a self-sustaining market or economy if they can't release the teat?
One good scare and we're down 5000 points in a week
+1 I agree B.E.D, but, its that one good scare.......don't know about that. For example, imagine the worst (probably diferent for everybody), and yet I can't see the FED or any other financial controller not holding it together. Just can't! Its like this: I'm the ultimate contrarian signal - at least that is what I think it will feel like. currently, I am out of the market and yet I believe it will rise forever. Furthermore, logically I just cannot bring myself to play (BTFD), but, that if I did, I know the fucker would crash 5000 pts! On no scare at all. I just know it!
So, the way I figure it, if I stay out of the market, I'm doing all my unbeknownst neighbors a favor - and that 18,000 $INDU gets you 20,000, gets you 5000. which is the same thing as what has been going on since 2009. Its going to crash, but its going to go up some more before it does. Yeah. I know. the most retarded thing anybody has ever said - ever.
OINK OINK OINK OINK
SNORT SNORT SNORT SNORT
Quandary economics eventually listen not to decisions as momentum forces overwhelm band aids holding dams.
"any market turbulence now causes governments to quickly amend their policies to "rescue" the all-important markets from instability"
That quote really sums it up. It was Greenspan that made me start to believe that Government was now going to officially take on the role of Market Savior, Baby Sitter and Lover. Greenspan would hit the TV screens at every market hick up and proclaim he was going to crash interest rates, in this way he fed the tech bubble. But since 2001, Government has upped it's role to complete and total manipulator, whose avowed goal was to hold markets up forever. Going against all free market prinicples! The USA proclaims Capitalism and Free Markets as the absolute foundation of the state, a cause worth going to war for, we were going to nuke the USSR because they didn't have free markets!
The people have been left behind in the race to feed the 1% with capital to keep their games going. For the 99%, we have been told to shut the fuck up and work for less. It is that simple.
BTFD not to fear the FED's software is here.
And who controls the financial markets?
control, but how ?
Invisible hand, HFT brand? CB scam?
And for WHOM...
Cui Bono...
Casus Belli in perspective when the markets hang themselves to their own rope to protect their precious delusional "supply side WS hyped" dope!
Fire Danger Rating: EXTREME
There is nothing to lean on anymore, other than Money Printing (theft).
The word control does not imply manipulation, but rather overt operation!
Manipulation implies control by covert operation, essentially employing the “dupe” factor.
The word control suggests honesty.
The market is not controlled – it is manipulated.
No, it's outright controlled. To say it is "only" manipulated implies a dupe factor which isn't here - you'd have to be a dupe to not realize every solid word from every controlling point that the "market" is controlled. Word for word now they're all spitting out that they must control, save and move markets.
"The government must prop up markets"
It's not "propping up" markets. There are no "markets"...only manipulations.
There are no financial markets. The banks now control everything.
There's a big typo in the headline, it should read: The Fraudancial Markets Now Control Everything.
Adam Curtis' body of work is must view, particularly: Century of the Self, The Power of Nightmares, and The Trap. He has an amazing ability to uncover patterns of power and deception, patterns which are normally invisible.
no self respecting ZHr should leave them unviewed. they are nitty gretty hard evidende of the schema behind the society we've unfortunately become.
And what controls the financial markets? Nothing ... there is no market. However, the banks and their algos control price on the exchanges. There is only price. There is no market.
?
"The government must prop up markets, not just to insure the cash keeps flowing into political campaign coffers, but to save pension funds and the "wealth effect" that is now the sole driver of "growth" (expanding consumption) other than debt."
I agree with CHS on this point for sure. Since 2008 Financial Collapse the Federal Government has been in a Binge of Spending except for some tightening in 2014 in DoD and MIC... well and Unemployment Claims are down of course.
This is why the MIC is up in Arms feigning a deadly wound to the US National Security. I predict huge Corporate Welfare for MIC in 2016, Obama's Outgoing Year.
Like the hyphenated named, black mayor of Baltimore said "We need to give space to those who want to destroy ... markets". Lets get a riot breaking out in these equity and bond markets...
"The Financial Markets Now Control Everything"
Sort of, as there are two other components:
Media
/ Zion \
Financial <--> Political
Liberty is a demand. Tyranny is submission.
( contributor Kenneth Rapoza, Forbes.com 4/29/2015 )
The Obama administration is playing defense. The latest strategy: get Greece to back out of its natural gas delivery deal with Russia’s Gazprom.
Earlier this month, Russian energy giant Gazprom signed a deal with the Greek government to turn it into a transit station for natural gas into Europe. The deal is part of the Russian-Turkey pipeline project which would include Greece as a major transit hub for Gazprom in the E.U.
Gazprom has been trying to come up with alternative route into the E.U., its most important market, following the constant upheavals in Ukraine. There, Gazprom partners with Naftogaz to deliver gas to the E.U. But those two are currently going through a bad divorce. Gazprom wanted to build a pipeline into Europe, called South Stream, with west European partners. Then sanctions came in 2014 because of Russia’s involvement in fomenting political unrest in Ukraine. That deal fell through. Turkey hopped on the bandwagon. Greece bought a ticket on the Gazprom train in April.
If Ukraine drove a wedge between Russia and Europe, then the U.S. came in with a gigantic sledge hammer and drove that wedge deeper. Washington was the first to sanction Gazprom and other Russian energy companies as punishment for Moscow’s involvement in eastern Ukraine’s separatist movement.
Once that wedge was in place, Washington moved at light speed to convince at least two former Soviet satellite states, Lithuania and Poland, to develop liquefied natural gas terminals to receive U.S. shale gas someday in the future. In Russia, where everything the western world does is looked at through a spy lens, those two new LNG terminals on Russia’s border were evidence of a Washington-inspired energy war with Russia. Let Europe fund the dirty work of reconstructing Ukraine’s economy. What Washington really wants is European energy markets.
This became even more evident this week when Secretary of State John Kerry wooed cash strapped Greece with a “counter-offer”. Although the market does not know what that offer is, chances are it comes with the stipulation of nixing the Gazprom deal. Washington suddenly discovered Greece as a natural gas play just days before Gazprom is set to ink the deal in Athens. In Russia, this can only be viewed as politically motivated.
Greek foreign minister Nikos Kotzias, who concluded a five-day trip to Washington this week, told the Associated Press on Tuesday that he met with Kerry and Kerry told him he would send State Department’s energy envoy Amos Hochstein to Athens “within days” to counteroffer the Russian deal. Kotzias said that the proposal had to do with the Turkish Stream connect.
As it now stands, the Russian deal would connect the Turkish Stream pipeline to existing Greek pipelines. That makes Greece an important transit hub and with that comes Vladimir Putin’s guarantee of a haircut on natural gas prices. This is similar to the deals Russia has done with Ukraine.
Kotzias noted that Greece’s recent talks with Gazprom were based on economic concerns, not political. He described Gazprom’s interest to develop pipeline infrastructure through Greece as part of a wider Russian effort to counter U.S. plans to cut Gazprom’s market share in eastern Europe.
Isn’t there room for everyone here?
European natural gas demand isn’t in decline. It is on the rise. Can’t the U.S. offer Greece financing to build an LNG terminal under the stipulation that the natural gas delivered to it comes strictly from the U.S.? Of course it can. So why go after the Turkish Stream, as Kotzias suggests?
“It seems the Obama administration is becoming more mercantilist,” says Vladimir Signorelli, president of Bretton Woods Research, a macro-themed investment research firm based in New Jersey. “The Greek deal with Russia is about (Greek Prime Minister) Alexis Tsipras trying to get billions of dollars in his government’s coffers, and now he sees the U.S. willing to chip in. But from Washington’s point of view, this is all about deterring Russian influence in Athens. It’s a zero-sum mercantile view. My opponents gain means my disadvantage. If the most efficient use of capital is for Russia to ink a pipeline deal with Greece, then the U.S. should simply allow capitalism to work. Why didn’t this materialize before the Russian offer? It doesn’t make sense. This is simply to lock out a natural gas competitor.”
Washington has been on a tear lately in this regard.
When China announced its new Asian Infrastructure Investment Bank, the Asia pivoting Obama administration lobbied European allies not to join. His team’s warnings fell on deaf ears. Nearly every major European economy is on board the AIIB.
Then China came up with its new Silk Road Initiative, which seeks to invest billions in woefully undeveloped ‘Stan nations to its west.
Not surprisingly, Washington quickly turned to AIIB-rejecting Tokyo to create a Trans-Pacific Partnership. The TPP came out of thin air. And not surprisingly it excludes America’s most important Asia-Pacific trading partner — China.
Meanwhile in Russia, Gazprom CEO Alexei Miller announced his plans late last year to build the new South Stream pipeline through Turkey. Greece was never part of the original deal anyway.
The Turkish Stream pipeline will have an annual capacity of 63 billion cubic meters (2,224 billion cubic feet) of gas. Around 14 billion will be supplied to Turkey. With Greece in the mix, the rest would be pumped to a receiving hub on the Turkish-Greece border for customers in Europe.
That is, unless Washington opts to play the role of agitator and poke Miller and Putin in the eyes.
http://www.forbes.com/sites/kenrapoza/2015/04/29/washington-muscles-in-o...
Greece has WMDs, Niger "yellow-cake," is harboring "terrorists" and their training bases in caves in the north of the country, shot down MH-17, killed Emilie Parker, killed that poor policeman in Paris, and, it turns out, the 19 were really Greek Orthodox, and not Muslims.
Liberty is a demand. Tyranny is submission.
"We've always been at war with Greece."
This is nothing new. I've known this my whole entire life. This is why I voted and campaigned for Ross Perot, Ron Paul and anyone else who stood up against this political-financial cabal of crooks. Although I agree with most of what has been written by the author. I believe he is being way too nice about it.
Where to begin. Well, the idea behind these banksters isn't to run everything. I'm sure they do run everything but that is nothig more than a fringe benefit. Their real goal is take our money and our possessions, of course they can't accomplish that without putting themselves in charge. That is why they are so obsessed with everything we do. They fear that we may become so successful that we will one day challenge them and their ability to rob everyone blind. Like a pack of wolves who's hunger can never ever be satisfied. These banksters must always take anything and I mean anything of any value.
Remember King David? He had everything and lacked nothing so what did he do? He went to steal Uriah's wife even though he could have had any woman he wanted in Israel. He even went so far as to kill the man Uriah who never did him any wrong. By the way Uriah had nothing but his wife so why would David do this? What does this have to do with the banksters? Guess!
The capture of markets by finance is almost like a parasite taking over the body of the host. Everything is now geared to the needs of the parasite, Finance, instead of the host, Manufacturing for consumer demand. The tools for recovery, ZIRP and QE, aim at financial targets, and that is why there will never be a recovery.
9/11 was an inside job. Markets don't control everything. Bank robbers do.
FARRAKHAN on ELITE BANKERS, JFK, NORTH AMERICAN UNION & NEW WORLD ORDER Agenda
https://www.youtube.com/watch?v=GgTELu6Vuvo
How Bankers Rule The World **** Louis Farrakhan
https://www.youtube.com/watch?v=RqFVsAQW5SM
The markets watch the Fed....and the Fed watches the markets.
Yellen thinks that whatever is good for the market is the right thing to do...
Citadel and Goldman insulated from every risk execept.............a geo political catastrophe