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yeah yeah yeah.........just get back to me when the hopium bull run unwinds...........i'm short the planet and my calcs have showed end of August for Great Crash and yet here we are writing and reading about collapse and purge etc etc.
give me a time bc we all know it's over and yet the game somehow goes on.....
Depending on the crappiness of the players, a game of Monopoly can go on for a long, long, time. Typically the crappier the players the longer the game.
Hence where we are today.
Right. Timing is virtually impossible: Too many states that can steal unlimited money from millions of obedient serfs, central bankers pulling unknown tricks, investment houses in unknowable deals, fickle confidence, no-think sheep... How can you make sane calculations based on such variables?
CH1: you are absolutely correct! My calcs, even factoring in some insanity a la QE to the Nth, have clearly missed the mark due to GENERAL (and specifically EUROZONE) INSANITY AND FINANCIAL FUCKERY to da Nth!
I am just as insane for thinking I could ever comprehend what kinds of machinations and plots and scams insane people would concoct in their diseased heads!
Ever get recorded by an insane person while chatting on the phone with them? How does it feel, when you're left alone to deal with CRAZY?
for the last few years I was very impressed with the fact that every morning the European markets would be off to the races before the US market opened up. The only honest market seems to be in Shanghai, LOL. One day, a few years back I heard Glenn Beck say something like 'it worries me with all the bad news that the market continues to go up.' And then we get earnings from a company like Goldman Sachs who rarely if at all loses money 'trading'. People are going to look back on our times the same way they looked back on the people in Germany in the twenties and thirties and scratch their heads saying, what were these people thinking?
... and they'll likely conclude, correctly, that there was precious little actual thinking going on.
Fortunately, thanks to our example, they will have remedied that, or they wouldn't be equipped to contemplate it.
People say they think I'm a lot more positive about the outcome of a complete and total worldwide economic collapse because, I think the result will be a starved and dead beast that has only served to pillage the sheeple.
I just thank God every day for the complete and total worldwide economic collapse, because I know the result.
No need to go to war over it, it's only money.
positive for MF Global shorts.
regime change.....market system is bringining it to the fascists. Get off of your high horse banksters. MS Excel can do what you do already.
free ebook - designing the future
describes how quickly we could transition from a monetary based economy to a resource based economy
great read for the open-minded
The ability to extend and pretend is directly proportional to the amount of fairy tale capital that exists in the marketplace.
Just like PM price suppression, the delay in the coming reset is a GIFT - I.e. more time to prepare. And more time for more people to wake up...
Doc: I have good news and bad news. What do you want first?
Patient: The bad news.
Doc: Your rectal cancer has spread to your penis.
Patient: From Ass Cancer to Dick Cancer?!? What the fuck's the good news?!?
Doc: It's in remission....
the best way to make a fool out of yourself is to put a deadline on your predictions. of course if your right you look like a prophet.
Dec. 21 2012, that is the day it all comes crashing down
Dec. 21 2012, that is the day it all comes crashing down
Sorry - somebody already took that square in the pool.
...and they pissed in it. Watch out for the yellow cloud.
crappy monopoloy games are TORTURE
I love sitting there with St. Charles Place and $9 fucking with people. Then I put little Star Wars action figures on free parking and tell them its NYPD bribed by JPMorgan. Then just when I think they can't take it anymore, I grab Chewbacca and pretend it's Sarah Palin giving a Tea Party speech. My Palin imitation is totally killer.
Always wondered what you did on days when the post offices are closed.
The game goes on because it's obvious: The banks are all insolvent and will fail overnight if the the truth comes out.
The lie goes on and there are plenty more Corzines out there stealing other peoples' money as we speak.
It's a harsh reality.
reailty for you, virtual reality for elites.
Treasonist cowards with their constant after-close margin manipulation. Erect the gallows. It becomes obvious its time to use them again. Guillotine them all, fucking bastards. Don Corzinello would be a good start
one thing i know, once all this comes to rest, and all those responsible are hung, don't think for a second that their family members will be able to walk the streets safely. what we don't hear about are all the innocent families, who had someone close, commit suicide.
The correct usage is "Hanged". Please make a note of it.
That is all. Carry on.
I heard Janet Napolitano is hanged like a horse.
Grammar police: Hung.
Hanged, as a past tense and a past participle of hang, is used in the sense of “to put to death by hanging,” as in Frontier courts hanged many a prisoner after a summary trial. A majority of the Usage Panel objects to hung used in this sense. In all other senses of the word, hung is the preferred form as past tense and past participle, as in I hung my child’s picture above my desk.
Although this doesn't cover the usage in this instance, I refer to the urban dictionary for consensus:
Just so no one forgets....(D) Jon Corzine. Someone should mark that letter onto his forehead ala Inglorious Basterds.
Jesus fucking christ!
You can neither prove that a collapse would be either necessary nor positive.
It's like those assholes who postulate if Gore had won none of the wars would have happened.
I'm so fucking tired of people making false assumptions designed to fit with their preconceptions and biases.
But worse are the goddamn idiot cheerleaders that can never consider the implications of any statement and merely follow the crowd. You know the 99% of ASSHOLES!
We are teetering on the edge of civil collapse and a military coup in Greece and the bad stuff has barely started.
Collapse of the banking system would bring real suffering and death to many.
We need fundamental reform of the big banks but the nihilist approach of first we burn it down then we build something better is not going to work.
How in the world is it possible to reform any financial institution of any kind when every financial thing on earth is hotwired to the $600 trillion dollar+ derivatives anti-matter bomb?
It isn´t possible to diffuse this thing. This sucker is going to blow and millions upon millions of people are going to be wiped out. All you can do is try and prepare as much as you can to ease your journey through the turbulent times after it blows.
It is really going to suck on planet Earth for at least a few years, and those people who currently have next to nothing, will be howling like banshees. As Gerald Celente always says; "When people lose everything and have nothing left to lose - they lose it".
And lose it they will.
Evey bank claims that they are hedged on their derivatives and they might be right in that most derivatives are probably just sham trades done to avoid taxes or government regulations.
Some banks will have taken large positions that put them at risk if there is a black swan and more generally there could be serious liquidity problems leading to a contagion effect. It is not inevitable that derivatives will blow up but every day there is some finite probability they will blow up that day and you know what happens if you keep rolling those dice for long enough.
Given that there are $600 Trillion in derivatives in a $60 Trillion global economy we know that most derivatives are "naked" (not based on an underlying right or obligation).
Derivatives are time limited. They expire. You unwind it by banning new naked derivatives. Or governments could declare naked derivatives to be illegal gaming contracts and unenforceable.
So, we can't call that guy from the Oscar-winning movie the other year to defuse the derivative bomb?
"More stringent reform." You of the androgynous handle are either complicit or complacent. Which is it? And you freakin' agree with Gully then drop the "banking collapse brings death and suffering" in the next sentence? You're banned from posting for a week.
I am hardly complacent. They are talking about the collapse of the monetary system. The banks, including central banks, failing. The clearing system disappearing. The money markets seizing up. In 2007, the US government stepped into the money markets so major corporations that relied on the money markets for working cash could make freaking payroll.
Collapse means no pay checks. No pension checks. No credit cards. No bank accounts. No checks. No debit cards.
The economy is like a shark - if it stops moving it dies.
I appreciate your reply.
Let it rain. I agree in that things may be difficult following said collapse, but I welcome the departure from increasingly brazen disregard for the rule of law espoused by banksters. I wish for a smoothe, orderly transition where TBTB(TM)* have a come to Jesus moment and realize the err of their ways and reform like the trusted stewards they portray, but I am relegated to this dimension where unicorns pooping skittles are merely fantasy. I already don't get a paycheck and am moving toward all the others you list. Yes I do have a job type job, but I be the captain of this here ship. Let the shark rot and I also welcome well-meaning people like you to help us reshape the future I just don't think it happens through the conventional channels available to us.
Absalon, I agree. The foundation itself can evolve from 3d to 4d very easily while laying a few bricks for a 5d model. Rothschild's model was built as a 4d construct. His intent of using it for conquest sucked but even if he meant well the tech tools were not available in his day and his model would have reverted to a pyramid. Same deal for US government. Use 4d tools and a 4d model. The tools now exist so building another pyramid at this point is leaders purposely pursuing a model of tryanny.
The model dictates behavior. Pouring new wine into old winseskins won't work this time. But the solutions do exit. Time for a new plan.
Care to expound?
What's 5d and how many d's does one need to RULE THE FREAKIN WORLD!
Da Bankers, Da Fed, Da ECB, Da IMF, etc.
I'd say the biggest problem will be the sudden loss of oil. When the economy melts down, it will probably be nearly impossible to buy oil anymore, and people are so dependent on it for food. I wish more people would get a clue that they need to be prepared for the food supply to come to a sudden end.
I'm glad I don't live in a city. It will be very ugly if we don't have oil.
No argument that the financial system needs to be reformed and reigned in. But it is assumed in this article (and by many good people) that something better would naturally follow an outright collapse. This is a horribly naive assumption. What will surely follow is death and destruction for millions, if not billions, of people. What comes out of the ashes is anyone's guess, but if history is any guide, it ain't gonna be pretty. When chaos reigns, societies turn to "strong men" to restore a sense of stability and security. So, it is very likely that the near-police state under which we now live will become much worse under a crisis scenario.
I don't necessarily disagree with you, but would you be so kind to list your historical references for the carnage you envision?
my dear scorpio, that is their plan. IMHO
To all you asswipes who 'down twinkled' the above post, I say this: "You can't handle the truth":)
PS Socialism es muerte
My calcs show that if you trade the opposite of ZeroHedge sentiment, your survival rate might never drop to zero.
"Past performance is not a guarantee of future results."
This was once in the Constitution, printed in invisible ink.
Yes, the Hedge is an awesome contrarian indicator.....
Yes zerohedge readers kick the dog crap out of fed primary dealers and bond market bigwigs on returns just by bying gold and silver and holidng.
One approach to understand "the game" that I take is to map: Who are the players, what is their agenda, how are their relationships to each other. What mandates do they have? Then apply game theory, adjust with behavioural finance and apply to the current perception of fundamentals and common sense perception of fundamentals.
I know that I am an amateur plankton in a big ocean of predators, but doing the above excersise to the best of my limited ability I tend to believe that this game will continue to go on for quite some time if everything plays out as normal. Of course, as the future isn't pink and predictable one can't overlook that random events can send the game, that is very fragile at this stage into implosion mode. Black swans are in the water. Are they heading our way? Who knows. All I know is that I will stay alert and react to them based on my model as quick as I can :)
A small note before you all slaughter my thoughts :) I might be an amateur, but over many years I have worked with assessing probabilities on the fly for imperfect information type of activities. I managed to make a very good life for myself doing that in my own humble opinion. I know finance is the entertainment park for the big boys and that it will be virtually impossible to beat this game. However, I intend to give it a go :) Good Luck to me!
Stay tough, stay focused and invest well!
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