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Global Equity Markets Explained (In 1 Cartoon)

Tyler Durden's picture




 

"Free" markets for all, but the real joke is that this comes from the Beijing Review

 

And yes, the invisible hand is all too visible as Rick Santelli recently exclaimed, "we used to think plunge protection was heresy but now, if your nation doesn't have a plunge protection team, that's heresy!"

 

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Fri, 07/17/2015 - 13:28 | 6324290 VWAndy
VWAndy's picture

Fiat magic.

Fri, 07/17/2015 - 13:33 | 6324300 813kml
813kml's picture

The invisible pimp hand of markets.

Fri, 07/17/2015 - 13:53 | 6324388 Paveway IV
Paveway IV's picture

Market manipulation in the U.S. might make Americans disgusted, but most of us are resigned to just expect it.

It makes me nervous that the Chinese many not 'expect' it and get upset. It seems like a particularly bad idea to upset 1.4 billion people, but maybe it's just me.

Fri, 07/17/2015 - 14:20 | 6324490 nope-1004
nope-1004's picture

Black hand, that's rayciss.

 

Fri, 07/17/2015 - 14:32 | 6324522 MonetaryApostate
MonetaryApostate's picture

Not if it's Obama's hand.... >.>

Fri, 07/17/2015 - 13:29 | 6324291 DavidC
DavidC's picture

Errm, why buy a stock, like Google, AFTER its results? Earnings are a measure of what the company's DONE, NOT what it's GOING to do. Nearly 16% up - ridiculous.

DavidC

Fri, 07/17/2015 - 13:34 | 6324315 KnuckleDragger-X
KnuckleDragger-X's picture

How do you expect to win at roulette if you don't make stupid bets. Looking forward is useful, but they think it's a magical incantation to be slavishly followed.....

Fri, 07/17/2015 - 13:29 | 6324292 DontGive
DontGive's picture

FREE(fall) time. Check your stopwatch.

Fri, 07/17/2015 - 13:30 | 6324298 DavidC
DavidC's picture

Where?

DavidC

Fri, 07/17/2015 - 13:55 | 6324395 Kilgore Trout
Kilgore Trout's picture

Newton's Law of Gravitation:

   What goes up must come down.  But don't expect it to come down where you can find it.  Murphy's Law applies to Newton's.

Fri, 07/17/2015 - 13:59 | 6324405 Dubaibanker
Dubaibanker's picture

While stocks are certainly manipulated but the amount of cash that sits on billion dollar company's balance sheets and many companies like ABN AMRO, GM or RBS are owned by the Govts and dozens more are just Govt owned like Sinopec, Gazprom, Petrobras, I wonder how can companies fail even if there are absolutely no sales, especially when they are all busy shrinking and selling overseas assets and thus generating and accumulating more cash on their balance sheets at a time when almost no Western companies are growing? Many are successful too like Nestle, Unilever and, dare I say, Apple? 

Thus, can the collapse be insulated only within EU and US borders?

Any reasonable responses...?

Fri, 07/17/2015 - 14:37 | 6324538 theundergroundm...
theundergroundmovement's picture

It is not possible to respond reasonably in un unreasonable world... and it is not the company stocks or the stock markets that are the real problem, it is the almost 600 Trillion (yes with a T) derivatives market.

http://usdebtclock.org/

Fri, 07/17/2015 - 15:36 | 6324762 Dubaibanker
Dubaibanker's picture

Fair enough...thinking of it does send shivers down your spine!

But...why has this derivative market not collapsed yet when the global GDP is below 50-60 trillion $ and global public/sovereign/private/corporate debt is also at similar levels.

What is stopping for derivatives to collpase thus far (that ideally should be contracts between two parties separate and away from the underlying and perhaps backed by some insurance or a hedge and could perhaps go down without actually impacting the underlying?) Is that possible?

And why has the TRILLION dollar derivative market not yet collpased whether in Tech crisis of 2000 or the subprime of 2008-2009 or in Greece or in Ireland .....?

Fri, 07/17/2015 - 13:33 | 6324312 B-rock
B-rock's picture

It'll never happen.

Fri, 07/17/2015 - 13:48 | 6324365 BLOTTO
BLOTTO's picture

Thats what they said about Babylon before it went smashing face first...

.

On a long enough timeline - their dysfunction will crash.

Fri, 07/17/2015 - 14:03 | 6324426 DavidC
DavidC's picture

And before the 2007-2008 crisis - it'll never happen.

R-i-g-h-t...

DavidC

Fri, 07/17/2015 - 13:31 | 6324306 chrsn
chrsn's picture

What is the government but the reality protection team?

Fri, 07/17/2015 - 13:39 | 6324332 Captain Willard
Captain Willard's picture

the artist will soon be herding goats in a far western province

Fri, 07/17/2015 - 13:41 | 6324338 Bunga Bunga
Bunga Bunga's picture
Global Economy Markets Explained (In 1 Cartoon)

fixed it

Fri, 07/17/2015 - 13:43 | 6324354 Fun Facts
Fun Facts's picture

the real joke is on all of us

Fri, 07/17/2015 - 14:53 | 6324549 falak pema
falak pema's picture

Don't look at the chart look at the hard landing.

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