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And Back To The Inferno
From Mark Grant, author of Out of the Box
And Back To The Inferno
“There is nothing wrong with being scared; it is what you do when you are scared that is essentially important.”
The Wizard
It was in the fall of last year when one of the largest money managers on the planet wrote to me and said that business would be scarce as I had scared him sufficiently. I have thought about this repeatedly since then. As I look down the long road from our present position I ask myself, “Did I scare him enough,” because I fear I did not. It was around the same time that I predicted the ten year Treasury was going to 1.25%; a number that draws ever closer as Europe comes unglued which will just be the first step to falling apart.
I have predicted many things since I took my first step on this path in January 2010 when I said that Greece was going down. I later marked the exit for Ireland, Portugal and predicted Spain which is just about to fulfill my observation. Solvency is never solved by liquidity and austerity in a recession only makes the recession worse. There is talk, this morning, that the Spanish Central Bank Governor is the fall guy for the government as he is resigning and leaving his post early but this may not be the reason at all for his departure. There are whispers that he does not wish to preside over the Central Bank when Spain is dragged by economics to the bastion of remorse and extends its begging cup in hopes of nourishment. There is also talk that outside auditors are coming to examine the banks’ books and that the valuations for the Spanish Real Estate and construction loans may not be, how shall I put this, Kosher.
“Truth hurts. Maybe not as much as jumping on a bicycle with a seat missing, but it hurts.”
-Naked Gun
The backdrop for all of this should also be squarely in your sights. The world came out of the American Financial Crisis based upon the expansion in the monetary supply. A huge amount of the stabilization since then and one giant reason for the corporate profits that we have had in America has been based upon this stimulus and this is largely ignored in the press which credits everything in the world but the stimulus for our better economic conditions. Consequently we all should square off with the reality that is now clearly in our sights and that is NO MORE STIMULUS. The Fed has stopped, the ECB has quit and China is paddling in the same boat so that everyone’s expectations should be curtailed by the facts; the stimulus in the world has ended and it is to be sink or swim now based upon fundamentals and not the largesse of the world’s central banks. Neither do I think they will be back anytime soon and if any one of them returns it will mark an exaggerated decline in economic conditions that will signal a severe impairment and it will not be a cause for joy rather a cause for the reintroduction of Fear that we are all about to enter the gates of Dante’s Inferno once again.
Hell is where the chefs are British, the mechanics French, the lover's Swiss, the police German and it's all organized by the Italians.
The newly elected President of France ran and was elected based upon any number of positions that fly squarely in the face of the yet to be approved European Fiscal Pact. Brussels will then, following the German dictates, condemn France and try to fine them for their indescretions which will set the stage for any number of confrontations that I predict are about to come between France and Germany. There will be no Merkollande or Hollandkel in the world’s future but a quite contentious battle between two opposing views that will weaken the glue further. The talk of growth coupled with austerity may ring as a believable strategy in the most general of terms but the actualization of it is just about impossible given the positions of Germany and France which are in diametrical opposition. It is the rock and the hard place and no one is going to move much because the difference between the two positions will not allow for it either on the world’s stage or at home where the national political landscape will determine just who is left standing at the end of the day. It can be said with certainty that the contrivances of the European Union has not been kind to local governments as I predict soon a leader to emerge in Germany who waves the national banner of the Rhineland in opposition to Mrs. Merkel and her grand plans of integration; channeled in the German tradition of course. It will be the repeat performance of Kennedy’s famous comment, “I am a Berliner,” except that the words will be exploited by some person born and flourishing in the Republic.
You know the something is really, really wrong when the best rapper is a white guy, the best golfer is a black guy, the tallest guy in the NBA is Chinese, the Swiss hold the America's Cup, the Pope is German, Europe's central banker is Italian, France is accusing the U.S. of arrogance and Germany doesn't want to go to war.
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That's rayciss!
WTF THE POPE IS GERMAN?!?!
Death and Gravity
Came as quite a surprise eh?
Seems that he was a Nazi too.
...the best golfer is a black guy
Make that was......
Exactly, and Yao Ming has retired so he is longer the tallest NBA player. Me thinks the author is not Mr. current affairs in regards to sports.
because... knowing useless facts about sports is important. It was a joke, get over yourselves.
Heh heh.....who pissed in your Linsanity endorsed Wheaties?
It was the sake of being accurate, you curmudgeon.
Your a bunch of wet farts, who cares about a group of millonares that play with balls.
NO MORE STIMULUS?
What do you call these twin launches?
http://research.stlouisfed.org/fred2/series/M1NS
http://research.stlouisfed.org/fred2/series/M2NS
Formula - accelerate money supply, short commodities with derivatives funded with as much money as is required, proclaim recovery, wait while your presidential candidate is re-elected before inflation explodes.
I concur. What is bond purchasing by the Fed if not stimulus?
Best rapper is an oxymoron. I have some of the stuff because it's danceable (west coast swing) but I usually don't admit it in polite conversation.
jokes are only funny if they hold and ring true. Are we gonna start sharing outdated 1900 era jokes now too? " The kaiser walked into a bar...
..and the US President is a Marxist, the head of the IMF is a socialist and waging war on foreign nations that have never threatened you is for "national security"
...and we have local governments looking to sell naming rights. "Welcome to Cook County, where its always Miller Time."
http://articles.chicagotribune.com/2012-05-24/news/chi-cook-county-looks-at-naming-rights-to-raise-money-20120524_1_bridge-houses-county-mailing-board-president-toni-preckwinkle
Zero Govt
How the fuck can a corporate lackey be a fucking Marxist?
Money went from private citizens to banks and corporate bailouts. It sure as fuck didn't flow the other way, as a MARXIST would have done.
In this case, whether intended or not,
on the face of it,
ZG's entire comment must be interpreted as sarcastic,
given the last part about wars in the name of "national security".
ZG it is not so confusing when you look up the findings of the Congressional Reece Committee report and in particular the report of Norman Dodd (chief researcher) who found that the Rockefeller Foundation, the Ford Foundation, the Carnegie Foundation and other tax-free foundations were actively working toward the goal of reducing the US to a collectivist state with the goal of ultimately merging it with the USSR. Sounds crazy doesn't it.
The key term that the report warned of was a push by the foundations to "oligarchical collectivism" - now where are we seeing that now?
https://en.wikipedia.org/wiki/United_States_House_Select_Committee_to_Investigate_Tax-Exempt_Foundations_and_Comparable_Organizations
http://www.youtube.com/watch?v=YUYCBfmIcHM
http://www.scribd.com/doc/3768227/Dodd-Report-to-the-Reece-Committee-on-Foundations-1954
"Marxist" is now a catch-all term for anything one doesn't like. Kind of like "gay." Gay used to mean something entirely different. A couple of times, actually.
Language is DEVO: jocko-homo.
moses parted the red sea. einstein split the atom. but it was bob who cut the crap.
Marxists are blamed for just about every ill with this system and in absolute contradiction of what Marx stood for....anti-corporatism, anti-capitalism, equity for labour and the use of commonwealth in the interest of the commons...all within a world where governments were conspicuous for their absence.
I think fascist is a more apt description of O'bomb-a.
You left out the fact that TSA discriminates against people with bulging underwear!
I like the complaint filed by blacks in (Baltimor I think) that they were being discriminated agains in the number of traffic(speeding) tickets on a particular stretch of highway until it was determined that a computer was monitoring the speed of vehicles and taking pictures and sending out tickets in the mail.
Don't mess with people's world view they don't like leaving their comfort zone.
It is always that way in Balmore. Theys always needs respect.
francis_sawyer got 2 tickets off that same stretch of the 695 beltway over 6 months...
Paid my fines & slowed down thereafter (without complaining)... I'm rayciss tho...
If you examine the mechanisms at work you start to get a better understanding of things. Minorities are outnumbered and its natural that they would stick together, be a little defensive, and sometimes borderline paranoid.
Being highly analytical to the point of paranoia myself, sometimes I identify with blacks. My best friend is from Jamaica, has a 150+ IQ and makes six figures. Black people are a lot of fun.
It's somewhat of a non-sensical argument...
The majority of blacks living in Baltimore City have never been 50 miles from their home... Essentially, their UNIVERSE is that piece of turf (whereby they are a MAJORITY, by far, not a minority)...
People like to apply rules and attitudes as it suits their agenda, and discard ones which they don't profit from... That attitude is prevalent in all races & types...
They are planted on those white marble steps every day all day.
Except the teens that go to the Inner Harbor in Gangs to Terrorize people. They strip them naked and steal their I Phones and wallets.
A few videos of Baltimore Gangs.
http://www.youtube.com/watch?v=YwoEh-ZwlCI
http://www.youtube.com/watch?v=AfYRFX5GTLg
If the bus lines dont go there, neither do the Bawlamer homies. Where the MTA reach stops, so does their presence and da rayciss property values suddenly skyrocket.
I grew up in West Baltimore and if I never see it again in my life Im quite okay with that. At this point its best experienced through a documentary on Animal Planet.
White males are a minority.
My Jamaican friend and I briefly shared an apartment when I was between jobs. While I was there I saw him apply for a job in a Southern City. Now we were in the same line of work and he was about 10 years my junior but far more accomplished and skilled. In fact in 25 years of experience at that time he was absolutely the best I had seen. Well, he didn't get the job, but said nothing about being discriminated against. I knew of course from the location of the company why they didn't hire him. As it turned out he got a better job and was happy there. I have experienced age discrimination first hand, and with quotas, others who are white have experienced reverse discrimination. IT EXISTS IN ALL AREAS. (regions of birth, language, accent, facial fetures) Its a fact of life now as companies adjust and demand a specific "type" of employee for various reasons. (Unfortunately many wrong reasons) Get over it!
Balmo has got to be one of the biggest sh1tholes in the united states. Stay far far away as it is the most criminally impaired city in the country. If you are white, you are a target.
There are neighbor hoods that you would not get out of your Car and walk around for $10,000. as you would never live to collect it.
That's a no brainer. We Germans are all Nazis of course, always have been, always will be. It is in our genes. Baaaad guys.
And we need the wise EUSSR leaders to protect us and others from ourselves.
Obviously, the bills are on us.
(That's, roughly, how Herr Verheugen, ex EU commissioner, explained the situation to the German people)
OttoMBMP
I thought all you Germans were Huns.
Nazi-Huns equipped with nasty chemical weapons and stuff.
I stopped to help a motorist along the highway. It turned out he was a German tourist. After I got his radiator filled up and I turned to leave he asked me in a thick German accent about "Red Necks". Seems he had been told to watch out for them. Americans here might think that funny. The humor may be lost on a German though.
francis_sawyer
Not so much racist as stupid.
Then again it was designed to catch the attention.
“Truth hurts. Maybe not as much as jumping on a bicycle with a seat missing, but it hurts.”
that was my favorite quote from the article as well
Hell is where the chefs are British, the mechanics French, the lover's Swiss, the police German and it's all organized by the Italians.
...and the tourists are American.
Some apparent missed the /sarc...
Anyway... Luke Donald is black?... Who knew?
http://www.officialworldgolfranking.com/home/default.sps
francis_sawyer
Got the sarcasm.
Still stupid.
I belee ya mean 'Das rayciss'.
"...and the POTUS was not born in America." - McCain, Trump, etc.
this circus has been going on for 4 yrs ..we have to realize that those who caused it are never going to be brought to justice and now we should be trying to figure out how to fix it..instead of asking who spilled the milk its time to clean it up and move on..
mrktwtch2
The fix is built in. It's a planned reset. Much like what happened with the Soviet Union.
It's only a reset for us -- the peons of the world. The wealthy and powerful will see no change, except that they might need to add a couple of rows of that curly barbed wire to the tops of their 10 foot high enclave fences.
bdc63
Bingo.
http://www.elhazablaze.com/2009/07/definitions-and-distinctions/
FREE MARKET: That condition of society in which all economic transactions result from voluntary choice without coercion.
THE STATE: That institution which interferes with the Free Market through the direct exercise of coercion or the granting of privileges (backed by coercion).
TAX: That form of coercion or interference with the Free Market in which the State collects tribute (the tax), allowing it to hire armed forces to practice coercion in defense of privilege, and also to engage in such wars, adventures, experiments, “reforms”, etc., as it pleases, not at its own cost, but at the cost of “its” subjects.
PRIVILEGE: From the Latin privi , private, and lege , law. An advantage granted by the State and protected by its powers of coercion. A law for private benefit.
USURY: That form of privilege or interference with the Free Market in which one State-supported group monopolizes the coinage and thereby takes tribute (interest), direct or indirect, on all or most economic transactions.
LANDLORDISM: That form of privilege or interference with the Free Market in which one State-supported group “owns” the land and thereby takes tribute (rent) from those who live, work, or produce on the land.
TARRIFF: That form of privilege or interference with the Free Market in which commodities produced outside the State are not allowed to compete equally with those produced inside the State.
CAPITALISM: That organization of society, incorporating elements of tax, usury, landlordism, and tariff, which thus denies the Free Market while pretending to exemplify it.
CONSERVATISM: That school of capitalist philosophy which claims allegiance to the Free Market while actually supporting usury, landlordism, tariff, and sometimes taxation.
LIBERALISM: That school of capitalist philosophy which attempts to correct the injustices of capitalism by adding new laws to the existing laws. Each time conservatives pass a law creating privilege, liberals pass another law modifying privilege, leading conservatives to pass a more subtle law recreating privilege, etc., until “everything not forbidden is compulsory” and “everything not compulsory is forbidden”.
SOCIALISM: The attempted abolition of all privilege by restoring power entirely to the coercive agent behind privilege, the State, thereby converting capitalist oligarchy into Statist monopoly. Whitewashing a wall by painting it black.
ANARCHISM: That organization of society in which the Free Market operates freely, without taxes, usury, landlordism, tariffs, or other forms of coercion or privilege. “Right” anarchists predict that in the Free Market people would voluntarily choose to compete more often than to cooperate; “left” anarchists predict that in the Free Market people would voluntarily choose to cooperate more often than to compete.
Robert Shea and Robert Anton Wilson, The Illuminatus! Trilogy
__ ___
“Well I sometimes call myself a libertarian but that’s only because most people don’t know what anarchist means. Most people hear you’re an anarchist and they think you’re getting ready to throw a bomb at a building. They don’t understand the concept of voluntary association, the whole concept of replacing force with voluntary cooperation or contractual arrangements and so on. So libertarian is a clearer word that doesn’t arouse any immediate anxiety upon the listener. And then again, libertarians, if they were totally consistent with their principles would be anarchists.”
Robert Anton Wilson
Gully, i love your posts....... I didn't know who robert anton wilson was, but I love him too. Thank you
Unfortunately, the last thing that the wealthy and powerful will want is to continuously live in enclaves and hoping that the very people they hire to protect them won't one day turn on them. It gets worse when much of their wealth consists of money that has value only as long as production and consumption of goods increase, and that certainly won't happen if there are more peons in the world.
In a global capitalist system, what the wealthy want is their wealth (which consists mostly of money) to grow, and that can only happen when the same peons start consuming more (which can't happen if they remain peons).
It is not a planned reset but the inevitable result of a global capitalist economy, which requires increasing production and consumption of goods coupled with financial speculation in a world with limited resources.
Why is "who spilled the milk" important? Because if you don't prosecute the fucking fraud and restore the rule of law then NOTHING CHANGES. Moral hazard is a bitch, especially when fraud is blatant and everyone sees this as the only way to advance. Unfortunately for idiots like yourself, counterparty risk is real and unless you have a sound system of laws regarding contracts, no one will trust anyone else - GAME OVER.
Fine with me, the sooner this system blows up, the sooner compensation will return to people who are actually worth a shit. Fuck the paper pushers, they add no real value to the system anyway.
LawsofPhysics
https://en.wikipedia.org/wiki/Continuum_%28TV_series%29
Continuum (TV series)Vancouver City Protective Services (CPS) Protector Kiera Cameron (Rachel Nichols) is transported from the year 2077 to 2012 when a group of terrorists from her time escapes execution by fleeing to present day. In order to track them down and stop them from endangering the past, Kiera joins the local police force and uses the skills of a young tech genius, Alec Sadler (Erik Knudsen).
(By 2077 the CORPORATIONS had stepped in and saved the world. The TERRORISTS are ANTI-CORPORATION and actually blew up a summit of corporate leaders. The chick cop works PROTECTING THE CORPORATIONS. And it looks as if one of the subplots will revolve around the anti-corporation terrorists linking themselves to a modernday OWS type group.
I found this to be a very interesting message from Canuck television.)
Rule of law for everyone comes first. Nothing else matters until it's firmly established that no amount of money will get you out of Bubba's strong arms when you're wrong.
Oh, something indeed changes if you don't prosecute fraud equally. The belief that the Law protects us and provides just arbitration diminishes, and once it is held in contempt we will see The Great Reset. It does not matter that the Law can't really protect us, just like there is no guarantee that any business venture can pay back the initial investment plus opportunity cost. The belief in those things makes them reality, and those at the top are sacrificing the common delusion for temporary gain.
A great deal is changing, and quite rapidly.
Look at the markets surge on the promises of even more cheap debt; like a heroin addict and his needle.
And the really funny part is, theres been NO promise of anything at all....just a fevered idea in the minds of free monieees junkies that surely a big free fix MUST be coming, because the concept of cold-turkey coming is just too horrifying.
And the really funny part is, theres been NO promise of anything at all....just a fevered idea in the minds of free monieees junkies that surely a big free fix MUST be coming, because the concept of cold-turkey coming is just too horrifying.
Well, to be fair, the people to whom the concept of cold-turkey is most horrifying are our politicians, who are the very ones who have the ability to put pressure on the central banks to print.
I think Mark Grant's analysis and predictions have been pretty good so far.. but I think he ignores the fact that if the ECB doesn't cough up, and the Germans (understandably) say nein, then chances are extremely good that there'll be a euro breakup and each individual country's CBs will print like there's no tomorrow.
We still live in democracies and austerity is just too burdensome for the average voter.
It is not fixable but being "intelligent beings" people believe there is a fix. You can't fix a world where governments buy stuff with "money" they don't have. The whole thing needs to crash and the process of actually exchanging things of value will begin anew.
Looking at your house and seeing the walls infested with termites...'Surely there must be a fix....has to be...the alternative is just unthinkable!' so run around the place in euphoria because a fix MUST be out there!
Unfortunately, history has shown us that when things "crash" and a revolutionary mindset sets in, you usually get a really horrific character that arises as your new leader ...
... the devil you know ...
Love the morning humor.
Halarious article. Good read over coffee (which is now paritlly on my screen). Do I really have to say it? Same as it ever was.
No freaking way is Eminem is the best rapper:
http://www.youtube.com/watch?v=CSQUfTBcOu4
That was awful but here's some good news:
A friendly reminder that all hip-hop is, at best, degenerate poetry.
Oh yeah and what Doom said also...
Hence the acronym R A P = retards attempting poetry
From Merriam-Webster's
hip-hop \"hip-'hap\ noun often attrib [perh. fr. 4hip + 1hop] (1983): a subculture esp. of inner-city youths whose amusements include rap music, graffiti, and break dancing; also : an element or art form prevalent within this subculture
(C)1997, 1996 Zane Publishing, Inc. All rights reserved
It sounds so genteel...the youth and their amusements
Best rapper is the same as best politician - in coffin.
The backdrop for all of this should also be squarely in your sights. The world came out of the American Financial Crisis based upon the expansion in the monetary supply
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said”
Alan Greenspan
too funny....that last paragraph.....no shit!
fucked up indeed...
this guy just blows bubbles of hot air. Nothing there.
Yes but he is easy to follow, the fact that he leads to exactly nowhere should not matter.
Classic US citizenism. Or something.
So since according to this guy the Fed is done, do they no longer have to have meetings? I would think as things worsen the same reporters that he assured QE to should things turn down would want to maybe ask him about his promises. What would his answer be? Something like "Heeeeey I was just fkin with u guys!"
You know something is wrong when the enemy of the people is their own government and the enemy of the government is its own people.
Ever heard about We the government...no...?
You missed memo. Gathering in groups of 3 or more people is a crime now.
Shhhhh ... big brother is watching ...
Its a very important concept to understand that the 'govt' indeed does consider you the enemy.
Something is wrong? More like something is NORMAL...
The best golfer is black? I'm sorry but Tiger lost his game and will never regain his dominance. The Tiger fear factor is gone.
The same could be said for Bernanke and Geithner.
Tiger is a Monarch Programmed Super-performer whose cover was blown (too big for his britches).
Man is finished, watch him slide.
But at his peak...I recall...8 iron from thick grouse brush, 180 yards, lands 2 feet from the pin. Crazy...
ori
He spent all his energy on his sex addiction, no wonder results became really lousy.
He spent too much time practicing with the wrong putter.
It should also be pointed out that Woods is only 1/4 black. He labeled himself as cablinasian, being a mixture of caucasian, black, American Indian and asian. But then, who cares? He was a great golfer and a human being.
Didn't you know? Any amount of Black makes you Black.. because - apparently - 'society' views you that way.
Are memories that short ? I think he was referencing the time period around 10+ yrs ago. around 1999 to 2001 you know just around the time the criminals started their war on the we the people terror.
Correction, the Americas Cup is currently held by the Golden Gate Yachts Club, which I believe is Amerikan.
You know something is really really wrong when... yada... yada.. ...And the US President is a pot smoking marxist muslim who favors gay marriage.
"Socialism is not a cancer....it's more like a flesh eating bacteria !"....Monedas 1929 (c) All Rights Forfeited In IRS Raid
And fascism bears a marked resemblance to a femoral arterial bleed.
Fascism is a mutantation of Socialism ! The Mussolini family....6 generations of Socialists....except Benito....he was a Libertarian, right wing nut....who proudly professed his Socialism ? Monedas 1929 Fascism and Socialism and Communism....not a RCH of difference....populist trinity of tyranny !
flag as uninformed(1)
Libertarian? No. Right wing? Yep. Nut? Mos def.
There is that whole 'nationalism' vs 'internationale' split, and the 'corporate plutarchy ownership' vs 'state ownership' split, but hey, why let facts ruin a good rant.
Right wing? Depends on how one defines right wing. International socialism/socialism is left wing. Why is national socialism/fascism right wing? Where does a small-government type like myself fit in on this scale? To me, all big government advocates are left wingers.
Mussolini was originally a favorite of the Amreican Progressives. They also liked Soviet Communism, so when Mussolini and Hitler turned out to be Bad Guys the American Progressives had their lapdog media proclaim them right wingers, to avoid comparisons with those paragons of human rights like Stalin, who remained a favorite of many in America right up to the time he died.
In Fascism and Nazism property does not belong to the state, and corporate business interests work in close cooperation with central govenment. There was not and is not sate ownership of property as there is under communism. The characterization of them as left wing is a recent development by US repubs that isnt taken seriously by anyone outside the fox/talk radio crowd in this country.
In the classic left/right definition, small government would inherently be rather centrist, but has now been distorted by the US dems as being a far right ideology just as repubs have tried to cast Fascism as leftist.
There is absolutely nothing left wing about nationalist ideologies that allow private corporate ownership of production and capital-that is conceptually anathema to the communists.
flag as having no clue about Benito Mussolini, Italian Fascism and Italian Fascist Corporativism (3)
Flag the Democrat Party as being the closest we've come to Fascism ! Big government, election stealing, GM and bank bailout statist hole lickers ! Monedas 1929 Government worship is part of the leftist creedo !
as I wrote above, when about Fascism, I have to think about the Original (TM) Italian Brand.
Which had no elections, not that big government, and many other things of which you don't seem to know much about.
Now be nice and explain to a dumb european like me the difference between Democrats and Republican, I'm so far away that they look alike... must be my fault
Democrats support those that do not work. Like the people on Welfare for their entire lives. That is how they get elected. They also believe in big Government to rule your entire life.
Republicans support Business and lower taxes for large and Small Business. They also believe in Capitalism, where if you work hard you can become successul and not have your Money from the fruits of your labor taken away to support those that do not work.
"Welcome to the United Snakes...land of the thief...home of the slave..."
http://www.youtube.com/watch?v=OO18F4aKGzQ
All these prognosticators beating their chests about what they predicted really gets tiring to read. This guy, Middleton, Jim Willie, all of these people love the word "I" and seem to need to prove that "they" alone saw all of this shit coming. Give us a favor, egomaniacs, and try being a little more humble. You aren't the only people in the world who know we're in trouble. As for the argument that central banks around the world aren't coming to the rescue, that's BS. They have no choice because this is a ponzi scheme and they are beholden to pandering politicians and fellow bankers. There is a wave of easing coming. Count on it.
The bit I agree with is that a fractional reserve banking system cannot cope with either a bank run or deleveraging of any real magnitude and that someone is going to have to eventually print money unless someone else can somehow find the power and the political will to oversee debt destruction.
They have no choice because this is a ponzi scheme and they are beholden to pandering politicians and fellow Gangsters.
fixed it
The only good EU is an EU six feet under.
let's see what your comments about the future Euro-Asian Union and the Turkic Cooperation Zone will be...
You know shit is bad when the Saudi Royal Families are discreetly selling off all of thier core CRE...
Without Arabs and Russians, who's going to pay too much for all of these overvalued assets????
Product endorsement: "When necklacing....I prefer Michelin tires !"....Charles Taylor, Nobel Peace Prize Aspirant Monedas 1929 A necklacing party quorum of one !
In other news, the scum is defending the small arms smuggler Holder... The guy responsable for the killing of hundreds of Mexicans and at least one American.
http://www.cnn.com/2012/05/29/politics/contempt-vote-attorney-general/in...
With the threat of a contempt charge hanging over Attorney General Eric Holder, 14 civil rights, labor, and liberal activist groups Tuesday urged Speaker of the House John Boehner not to proceed to a contempt vote.
DISGUSTING.
Holder is too busy to have time for being held in contempt of Congress:
http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/ho...
I, too hold Congress in contemp. It may be the only thing Holder and I agree on.
Don't be surprised when the mania eventually takes hold in gold prices, that it will consist of the most fatuous presumption you could imagine.
You know things are really upside down when:
Gold and Silver are not considered real money but a barberic relic hoarded by uncivilized people.
"..a barberic relic hoarded by uncivilized people.."
The Federal Reserve?
From the Wall Street Crash of 1929 to the Global Financial Crisis of 2007
It all started with the big crisis of 1929. The American economy reached a deadlock because of its social "pathogenesis"; a deadlock that led it to economic crisis in a different - faster- pace than the rest of the industrial forces of that time. Important decisions had to be made - mostly social - and the Whites didn't like that, especially the Whites' rulers, the Anglo-Saxons. The USA society had to either be homogenized and "forget" about racism against black people or find itself in a permanent deadlock that would threaten it with social uprising. If they didn't equate the black working people with their white colleagues so that there wouldn’t be an issue with the salaries that threatened the national currency, they couldn't avoid reactions and all that goes with it.
The problem which began as social but was turning into economic was simple. As long as the economy functioned adequately and the Blacks worked and asserted what they deserved for their work, the white employers had to "fund" the white working force with extra money because of their skin color. To avoid complaints from a white worker who received the same salary with his black colleague, the employers had no choice but to give them more money. The demands of the Blacks were used as an excuse by the Whites to demand more and everything ended up in the same pocket, since they were under the same employ. The problem that arose from this "strange" tactic was that the increased takings of the "superior" White employers were seeking outlet in investments and that threatened the capital. Having higher salaries, they bought more houses; they bought stocks and so on.
www.eamb-ydrohoos.blogspot.com/2010/02/ten-plagues-of-pharaoh.html
Authored by Panagiotis Traianou
The author is so confident he misses the slight.
Money is fabricated by banks AND bombs.
Expect armed conflict immediately because the fraud economy needs it, your fraud pensions need it and incorporated racketeering demands it.
Winter is coming... and it's in Iran.
The truth hurts. Not as much as a deflationary depression, but it hurts.
We can fix this.
More monkeys with bigger hammers.
Yes we can.
we've had a puffed up Marxist monkey with a big funny money hammer already and it hasn't worked
...someone tell Paul Krugman as he's simply not paying attention
The only way the central planners can possibly succeed now is to drive everyone else crazy.
Well, what do you expect? We went through the looking glass in 2008, black is white, bad is good, slavery is freedom. It's the new normal.
A very wise person once told me:
"Ever since that little blue dress it's been down the rabbit hole"
Does the author have a blind spot about what's really wrong?
How about the Nobel(sic) "peace prize" winner being a jingoist hawk, and a top violator of international laws advising governments and banks?
"Mr. Blair repeatedly mentioned the knowledge he had acquired in his travels, which reportedly have earned him $50 million as an adviser to international banks and foreign governments." - NY Times
Most of the worlds population has yet to achieve the standard of living US citizens enjoyed during the darkest hours of the Great Depression ! Monedas 1929 Home of the richest poor people in the world !
The Grapes of Wrath was a cake walk compared to Stalin's collectivization ! Monedas 1929 The sound of Charles Taylor's amputees clapping !
not only talks...
audits have begun and shall be finished by mid june, just before grexit. ;-)
http://www.bloomberg.com/news/2012-05-21/spain-hires-oliver-wyman-roland-berger-to-stress-test-banks.html
Stress-testing banks...That's what Bonnie and Clyde should have called it. Maybe they would have lived longer.
...and the Supreme Ayatollah of Iran says holding nuclear weapons is a grave sin.
You have to know when to hold'em and know when to launch'em.
Hell is where the chefs are British, the mechanics French, the lover's Swiss, the police German and it's all organized by the Italians.
That is part of an old joke, the other side goes like this:
Heaven is where the chefs are French, the mechanics German, the lover's Italian, the police British and it's all organized by the Swiss.
I believe the last line is from a Jay Leno monologue. I recall seeing it on some news show recap, probably two years ago. Clearly, it is dated. Should have been cited, I suppose.
"You know the something is really, really wrong when the best rapper is a white guy, the best golfer is a black guy, the tallest guy in the NBA is Chinese, the Swiss hold the America's Cup, the Pope is German, Europe's central banker is Italian, France is accusing the U.S. of arrogance and Germany doesn't want to go to war."
Fucking outstanding.