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America's "Over-Promise & Under-Deliver" Economy

Tyler Durden's picture




 

Two words - "Nailed it!"

How much longer will the unquestionable faith in central planners "just one more quarter" narrative last?

 

This time really is no different. Maybe just one more year of ZIRP... or another round of QE? Because that worked so well before.

 

h/t @Not_Jim_Cramer

 

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Mon, 08/17/2015 - 20:47 | 6437504 g3h
g3h's picture

Well, stocks will go up.

So be happy.  Believe.

Mon, 08/17/2015 - 21:01 | 6437554 AlaricBalth
AlaricBalth's picture

Consensus? They didn't ask me!! Based on observation,I would project about 16 standard deviations below the consensus. It would throw a monkey wrench into the "normal" distribution curve.

Mon, 08/17/2015 - 21:44 | 6437684 Richard Chesler
Richard Chesler's picture

Obongo the homo has done a fantastic job at covering up the farce.

I can't wait for president cankles!

 

Tue, 08/18/2015 - 07:53 | 6438431 Oldwood
Oldwood's picture

Overton window in action. All we require to experience great economic success is to adjust our perspectives, to alter our ideas of what success actually looks like. It's not about having things, it's not about achievement or contentment, it is about punishment of those who have achieved too much, it is about economic justice that in many cases requires our own personal sacrifice to bring others down to our level. Until we ALL live in caves and cardboard boxes, there will be no economic JUSTICE. Its about perspective.

Today's success and prosperity is green in color, only it is now green with envy rather than the color of money. We no longer need to compete to have what others have, we only need to destroy what they have so we need not feel encumbered by our own failure to achieve. Progressivism

Tue, 08/18/2015 - 02:39 | 6438168 ChargingHandle
ChargingHandle's picture

My friend. We are at the precipice of a significant  financial collapse. There are far too many glaring signals.  

Mon, 08/17/2015 - 20:49 | 6437508 Save_America1st
Save_America1st's picture

Because obama....you raycisss bitchez...you're just not trying hard enough.

Mon, 08/17/2015 - 20:51 | 6437516 eddiebe
eddiebe's picture

Hey, it's working for the 1%, so what's the problem?

Mon, 08/17/2015 - 20:55 | 6437534 lasvegaspersona
lasvegaspersona's picture

8 weeks

Mon, 08/17/2015 - 20:58 | 6437546 Atomizer
Atomizer's picture

Can you bait a President monkey using a banana to lure a pot of gold at the end of a unicorn spraying colored rainbow farts?

Let's hope his monkeys don't turn on him

Monkey shooting AK-47 Between Soldiers in Africa!!! - YouTube

Mon, 08/17/2015 - 21:01 | 6437564 the not so migh...
the not so mighty maximiza's picture

i had to email this to my sisters

Mon, 08/17/2015 - 21:14 | 6437595 ebworthen
ebworthen's picture

"Monkey Want Banana", and an AK-47!

Mon, 08/17/2015 - 20:59 | 6437551 q99x2
q99x2's picture

I thought they should have been arrested and thrown into prison in 2008

Mon, 08/17/2015 - 20:59 | 6437553 q99x2
q99x2's picture

I thought they should have been arrested and thrown into prison in 2008

Mon, 08/17/2015 - 21:14 | 6437596 exomike
exomike's picture

You can say that again.

Mon, 08/17/2015 - 22:55 | 6437840 theundergroundm...
theundergroundmovement's picture

Ditto!

Mon, 08/17/2015 - 21:11 | 6437589 ebworthen
ebworthen's picture

Wing and a prayer!

Mon, 08/17/2015 - 21:16 | 6437604 nmewn
nmewn's picture

We should really try socialist-fascism, that always works!

Faaaarrreeeee! Volks-Solar Panels for all!!!...ROTFLMAO!

Mon, 08/17/2015 - 21:18 | 6437614 Cabreado
Cabreado's picture

It's hard to see, but the chart is labeled "The Vacuousness of the Human Species When Stressor of Control Comes to Head"

Mon, 08/17/2015 - 21:29 | 6437642 exomike
exomike's picture

Finally, I have to ask, WTF are you talking about day after day? Central Planning, Central Planning, Central Planning, Central Planning…ad nauseam. I see no signs of anything I would call "Central Planning". Central looting or central scamming or central Ponzi perhaps but not central planning.

 

 

Is Central Planning a mythical creature like Socialism?

Mon, 08/17/2015 - 21:37 | 6437665 Ban KKiller
Ban KKiller's picture

Central "we have PHDs so we must be smart" Planning. Oh, and fucking attorneys to boot. 

No wonder they can't get laid. 

Tue, 08/18/2015 - 00:56 | 6438056 bunnyswanson
bunnyswanson's picture

Unlike Israhell, the US of A was not given to people fleeing religious persecution.  A loser and a winner emerged.  The loser never forgot what the winner apparently has. 

Centrally, within every town on this planet, there are plans being made to cull the herd and claim the entire planet as Planet of Bankers and Really Rich People who steal from the poor to stay at the top.

https://en.wikipedia.org/wiki/List_of_Masonic_buildings_in_the_United_St...

"All US Masonic lodges are to this day warranted by the British Crown"

https://hendersonlefthook.wordpress.com/2015/05/07/the-federal-reserve-c...

 

Mon, 08/17/2015 - 21:38 | 6437667 Ghostdog
Ghostdog's picture

If People are like Cub fans this could go on for a long time.................................. (Disclosure. I once again became a cub fan when Theo came over with an actual plan which they hadnt had since the Dallas Green days

Mon, 08/17/2015 - 21:50 | 6437691 DontFollowMyAdv...
DontFollowMyAdviceImaDummy's picture

So you mean to tell me that "YES WE CAN SPEND OUR WAY OUT OF DEBT!" touted by every demican & republicrat that allowed the TBTF shenanigans IS TURNING OUT TO BE WRONG?!

 

knock me over with a feather and pass the ammunition.

Mon, 08/17/2015 - 21:50 | 6437694 papaswamp
papaswamp's picture

Cant get oil and nat gas prices to rise? ....call the EPA and have them slap heavy restrictions on methane emissions.... Yep about to happen folks, invest accordingly.

Mon, 08/17/2015 - 22:25 | 6437778 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

And yet the government says that the July 2015 unemployment rate was 5.3 %. Of course, this is the same government that  tells us there are 'only' 11 million illegals in the country. It's all bogus! Stack and store like your life depeneded on it.

I doubt that even The Donald could fix this mess. If Trump won the election as an independent, BOTH parties could blame HIM for the financial crisis.

Mon, 08/17/2015 - 22:49 | 6437826 yogibear
yogibear's picture

QE4 coming. QE to infinity or until the dollar dies. Monetizing to 0.

No way out for the Federal Reserve.

Tue, 08/18/2015 - 00:55 | 6438053 BellevueTrader
BellevueTrader's picture

That sounds great Yogi Bear...just like stealing one more picnic basket!

Tue, 08/18/2015 - 00:10 | 6437985 Jethro
Jethro's picture

NIRP will fix that!  Wait, "free college"  will fix all this.  No?  "Free housing" will fix this!  How about the government pay us to drive GM cars?  Maybe an extra zero on the EBT cards every month?  I got It!  Free cell phones, free computers and free internet along with free health care?   But only if you're black or an illegal immigrant....

Tue, 08/18/2015 - 03:47 | 6438220 CHX
CHX's picture

The next fix will work... (...and terminal, proving to be lethal ?)

Tue, 08/18/2015 - 03:51 | 6438224 jcdenton
jcdenton's picture

This is the one chart one can use and say "What recovery? Since when did we ever leave recession since '08?"

I could show you my salary chart in the same period, and they practically match. The entire see-saw effect. Now I'm not in the fortunate position to "buy the dips, and sell the peaks." But perhaps some of you have had better fortune ..

I'm a vet. Aren't you going to thank me for my service? I would much rather have a good job, suitable to my skill set, that I have honed for the last 20 years ..

Tue, 08/18/2015 - 07:38 | 6438399 silverer
silverer's picture

It's definitely a recovery for the uber wealthy.  The wealth transfer machine is working perfectly.  Isn't that all that really matters?  The group of nice people at the very top who don't give a rat's ass about you or your family or your kid's future, except to the degree that it further lines their pockets?

Tue, 08/18/2015 - 04:54 | 6438252 cwsuisse
cwsuisse's picture

Well, this is was Obama promised: HOPE! Unfortunately every year there is a day when hope meets reality. 

Tue, 08/18/2015 - 07:36 | 6438394 silverer
silverer's picture

It's more like every day hope meets reality.

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