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Blast From The "Devil's Advocate" Past: Barclays On Libor Manipulation
In retrospect, this may be one of the funnier "research" notes to have come out of Barlcays in the past 5 years.
h/t Mehmet Turk
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I wish Canada had a zerohedge
...and I wish regulators read Zero Hedge.
I'm not sure they can even actually read. Maybe we should test them.
That's probably against union rules however....so maybe we'll never know.
ZH doesn't feature enough naked titties and gangbangs to get regulators' attention.
He's got a pretty good point.......and he's a Doctor to boot.
No I didn't check his credentials......he says he's a Doctor.....that good enough for me. Hell give the cat a Nobel Prize....those things are pratically free.
Muppet gangbangs
Ain't no law against it yet.
http://www.youtube.com/watch?v=IaW77Nu7GFM
The thing that kills me is that people aren't pulling money away from these crooks right and left. I just don't get it, especially the big money, unlike the sheep they have to be aware of what's going on. Maybe they are and they just don't care.
Where are they going to go? I hear people ask that a lot...."where am I gonna go with the money"?
physical paper!
Physical anything, land, PMs, guns, all kinds of machinery, etc. Folks in our neck of the woods are getting organized, talking to one another about a regional plan once the currency dies. It now not a question of if, but rather when. Same thing happened in England when they lost the reserve currency. Just remember, ALL eCONomies are really local, always have been.
.
Just ordered a lathe and a mill from Grizzly. As supply chains wither, the throwaway society will become a memory. The repair business will see a resurgence, and the ability to fabricate replacement parts will be a distinct advantage.
Hard to do that in countries implementing capital countries. And its not as if another bank elsewhere or another paper currency is any less risky. We live in a "Mad Money" World!
Gold bars
Real Estate (talking acreage here)
A big fucking safe in the basement
If that doesn't work, try the local credit union ?
Don't know, but for fucks sake I know I could get creative if I had millions that I didn't want to be Corzined
...that's because you would assume you had WORKED for it - however those with millions are idle layabouts who merely exploit others to gain wealth.
Therefore they're not that bothered about losing it.
Only people who EARN money are worried about losing it - it has value to them.
From what I can make out, the vast majority of money managers are herd creatures... you rarely see a zebra or wildebeest off on its own. But when the herd starts moving, I think there'll be a stampede. At the moment, no one wants to look 'stupid' enough to listen to 'conspiracy theories' (ie, reason). Dollar lose its reserve status? Pshaw! No one at my club thinks that! A lot of these people don't even understand the monetary system, however, so they're blind to all the underlying macro shifts.
Kyle Bass and Hugh Hendry are the exceptions, not the rule...
Bitcoins. Non-confiscatable, no capital controls, no taxes. It's already happening.
http://arstechnica.com/tech-policy/2012/07/bitcoin-price-soars-above-9-f...
OT:
http://www.marketwatch.com/story/burlington-northern-slowed-by-empty-coal-cars-2012-07-17?link=mw_home_kiosk
lol at the thought of plants "favoring" natty. not like a coal plant can magically start using gas to generate.
a lot of irony with " devil" being used in their subject title.
Awesome research note. Irony in every place, with a little bit of crow thrown in on the side. Please, Sir, may I have another?
It's not so ironic if you consider that they really are advocates for the devil.
George Hartzman's Wells Fargo Whistleblower INTERNAL USE ONLY Evidence Dump http://hartzman.blogspot.com/2012/07/george-hartzmans-wells-fargo.html
They sure can make things sound "nice" .
The ability to Spin things so nicely is surely a well paid profession these days .. like lobbying.
Our well-supported analysts at Barclay's surmise that common foxes (Vulpes vulpes) are both far too cute and far too furry to steal the hen while farmer is away, and anyway, could not, with their paws, which lack opposable thumbs, and with their gait, which is squarely on four limbs and not two, facily unlatch the coop door and gain entry to said coop in a manner which would be conducive to the practice of hedged ISO-certified poultry extraction which itself is over-regulated by at least five absorbed and insured administrative entities.
+++ LOL
There does not appear to exist any strong empirical evidence to justify suggesting that what i'm writing makes sense in any significant way.
@Dr Engali - just like many knew Madoff was a Ponzi and were still invested. These people and pension funds that are managed by such idiots deserve to lose and NOT BE BAILED OUT
Chinese walls working well for once :p
That may be the funniest thing I've ever read on ZH.
I'm a FAN of man!
http://3.bp.blogspot.com/-AhZQ0TEXTiA/ThT8XS4gepI/AAAAAAAABLs/lY_oduE__h...