- advertisements -
BAC trading at $5.05. Danger, Will Robinson
quickly, they need money
One more injection of Super Strength Hopium should do the trick, or kill the junkie. Whatever.
"quickly, they need money"
Would you like paper or plastic?
Paper is too unweildy, Plastic is worn out and Binary requires a keyboard.
But But But CNBC says we are growing.
Mushrooms in shit grow nicely as well.....and provide just as much hallucinigenic hopium.
That was just Kramer's nose.
No danger. No problems. Everything is just perfect and there will be a rally. Charts don't mean shit. Reality don't mean shit. Nothing means nothing. Let the global theft continue, until.......
Did you know they are contructing a replica city of Manhanttan in Tianjin, China?
All this debt. All this misallocation of capital. omfg.
Is it next to that replica of Disneyland they were building but have since abandoned?
it's hard to keep things straight under Central Planning
it seems the periphery suffers somehow...
...here, we just opened an article about 3 charts and found: 4 charts!
Pics of abandoned faux-Disneyland
Yep, if loan default rates approach anywhere near their historic norms in China, their often touted "huge cash reserves" will evaporate and the pending collapse of the EU and its effect on the US will make their export situation miserable. The double whammy will be the subsequent default of Japan, what Kyle Bass has called one of the most obvious pending events he's ever seen.
So much for the Chinese saving the world. Just go to Bloomberg and search on the word "China." Nothing but BAD news that can only get worse.
"Did you know they are contructing a replica city of Manhanttan in Tianjin, China"?
Actually it is pretty smart. China knows that we have shipped all our manufacturing over there so why not ship its elties over there in due course.
Particularly when the SHTF and New York becomes this......
Imitation is the greatest form of flattery.
sugar cookies for breakfast
So, wasn't it mom who used to make those cookies entering the workforce that caused the Civilian Participation rate to increase starting in the 60s? And if so, what happens if we go back to a single income family? I guess the difference is this time, one person working at Walmart can't quite keep food on the table, a roof over the little family's head and afford an occasional doctor's visit. Other than the emergency room but I digress. So, what's my point? I forgot. Where are those cookies?
Then where's inflation?
Was gas over $3 a gallon at this time last year?
Crude is $5 above last year this time
The helicopters have to come first.
It is embedded in "the money-ness of credit."
See the velocity of money chart. As he clearly explained, it isn't in circulation because it hasn't been loaned out.
SO what money drives up commodity prices then? "Expectation dollars"?
And with this the Obama media is suguesting the US recovery is doing better. lol!
It is for the 1%. Its good for those on top....
I'm sticking to my guns. January 2 will be a glorious new year, for bears. Unless it get front run by everyone that comes to the same conclusion.
Oké.... SANTA IS FIRED!!
BRING US THE TOOTH FAIRY AND EASTERN BUNNY!!!
Santa does not have much to haul this year, The Tooth Fairy is wrestling with a mountain of Dental Insurance via Obamacare and the Easter Bunny has not risen yet. Nothing more than a hole in the ground.
It's the unemployment stats that always freak me, the participation chart is particularly nasty, I also wonder if the food stamps numbers will reach fifty mill by end of February? That single metric IS the USA IMHO, all it's brilliance and cruelty morphed into one devastating number revealing its 'one step from the gutter' philosophy..
I do not see an $800 billion LSAP QE3 marked on any of those charts in the article. Would that change the conclusions?
Because QE1 & 2 worked so well?
The stockmarket "rallies" did not reflect the real economy for the last three yeas, why should it now?! Or in the near future?!?! They will print and that's all folks!
Screw wall Street....keep buying physical gold and take your money off of the digital radar. Found this site on TF yesterday. Comparegoldprices.com
It is a great way to check the live prices of the biggest dealers.
BAC at 5.06 and dropping
drop baby drop. if ever there was a business with no business being in business.... IMO, of course.
BAC at 5.06. Here we go.
BAC at $5.04 is a BUY. I just bought 200k shares. We go up from here. The big block dumps are over for the day. $5 is the line in the sand for Brian Sack.
And that is what is called "investing" these days.
BAC, just cannot even phantom buying 2 shares of BAC.
Not investing, trading. Double bottom. Look at L2/L3: BAC is well-supported.
Aaaaaaand... my Citi puts are now in the money!
Dumpster diver. ;)
We all have our vices ;-)
You're just Freecycling for the planet.
Doing Gaia's work.
Hahaha...a $1M bet that they aren't the sacrificial lamb for this round.
$4.985 time to squeeze your tits together slaughter
Thats the problem with ultra high altitude jet flying...its all good until the flame-out and free fall.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.