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Ironic "Scariest Chart Ever" Redux - America Will Surpass 100% Debt To GDP On Halloween
Earlier today we presented Bloomberg's Chart of the Day which represented the GDP and Debt per capita on a historical and projected basis, and we hysterically, and tongue-in-cheekly, dubbed it "the scariest chart ever" because it confirmed that at some point, very soon, US Debt will surpass GDP and never look back. We decided to dig into the actual numbers (cancelling out the per capital denominator as it is the same on both sides of the equation) and came to a very disturbing revelation: as of today, total US Debt, is $14.942 trillion (source), obviously an all time high. Q2 GDP as was reported by the BEA three weeks ago, was $15.012 trillion in current dollars. In other words, the spread between total GDP and total debt has now collapsed to an all time low $70 billion. Incidentally, this number was $1.8 trillion at the beginning of 2010. Then we decided to take a quick look at the upcoming bond issuance and find that tomorrow the Treasury will announce approximately $99 billion in 2, 5 and 7 Year bonds to be auctioned off October 25 through 27... With a very appropriate settlement date: October 31, elsewhere known as Halloween. Yes, ladies and gentlemen: All Hallows E'en will be doubly scary this year: for the first time since World War II, US debt will officially surpass GDP on Halloween 2011.
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Find a partner. Go as Keynes standing on Stalin's shoulders.
I have decided to be a vacuous American consumer. I will have a beer with a koozie, name brand clothes, the latest shoes, some logos of main stream media, some makeup tricks and tape to make me look like i had a facelift. Possibly some sports team merchandise. Any other suggestions to complete my ensemble?
OWS demand:
1 Trillion immediate spending on key evironmental programs.
1Trillion immediate spending on infrastructure.
LOL! We need to spend more money!
gimmie gimmie debt treatment!
Lets first spend some money on a specialist group that will study on how to spend more! More i say, MORE!!!
Spot on SD!!!...yes...clearly this calls for yet another governnment blue ribbon panel to come forth in the next six months or so who will advise hiring a Wall Street connected consultant group who's primary focus is always on their own bottom line...lol.
Or...we could...ya know, all live within our means.
Yes, I know, an antiquated idea who's time will come one way or the other anyways, whether we like it or not ;-)
-------Or...we could...ya know, all live within our means.
We need to live well below our means now. Just to get even. Sounds depressing........
If only we could print more ......
Debt Jubilee!
This won't solve the problem. It will just drive prices up, which the people who would benefit from it the most would also find they get screwed the most at the same time, which would mean more protests and crap.
Let's face it, OWS is a bunch of dumb college students who don't want to have to pay for their schooling like everyone else has had to do who has ever gone to college. I say dumb because the smart ones got scholarships and are studying during the protests.
Actually before they changed the laws, a lot of college kids would just keep borrowing their way to a masters degree or even a doctorate, and then declare bankruptcy immediatly upon graduation.
Mr. Sheeple ,
1 Trillion immediate spending on key evironmental programs.
Just exactly what we need to waste another Trillon on.( that particular area has some needs, but pushing that tells me EXACTLY who the OWS leades are).Progressives............and Van "The Green Man" Jones.
I wonder what happens when the .Gub, starts trying to get us to pay these bills, and WE do not.Because homey isn't.
A good time to start taxing sugar even more!
Plug that deficit with halloween candy from the kids!
We passed trillions of debt on to their futur already, why no go the extra mile!
wont work. The 4 states in the USA that dont have a sales tax will revolt to preserve thier liberty. They think a 70,000 page tax code=liberty.`
Romney started working the mind control last night.
Romney is a tool and he has never stopped using the mind control.
This is Uganda's fault, c'mon folks lets get 'em!
Yes, nuke them!
Occupy Uganda!!!
+1
ROR
Godddd my face hurts from laughing so hard. That's fuckin'-ri-cock-suckin'-diculous nmewn.
Good times.
ROR!!!...damn I forgot about that one!
Now to lay in the weeds for another "China will rule the world" post by virtue of them slipping their luxury yachts underwater to test their buoyancy, crashing their latest military planes to test gravity, retro-fitting worn out aircraft carriers to test their endurance and demolishing brand new fifteen story condos just for the helluva it...lol.
This time, and unlike during WWII, it'll remain over 100% GDP until the house of cards collapses.
Is it really debt if it never, ever, ever gets paid?
Exactly, it's just a tool for fostering more fear and obedience...
It depends if you use TurboTax Timmy to keep your books...or not...
How about an unseen theoretical digital debit from a fractional reserve abstraction ... can you really rollover something that has never had, and never will have material existence?
Uncle Ben has this under control.
From his helicopter command post.
There is only one clear solution = War. Get ready Iran, the dumb docile masses need a distraction from their enslavement, and you're it.
Thats right.
If the traction obtained from underwear bombers and used car dealer terrorists is any indication, I'd say the war drums will need to beat a little louder...
We need to ratchet up the drone strikes on all sombrero wearing arabs with their shirts half un-buttoned...that'll do it!!!
And that's the issue. The war card is pretty played out at this point, so to force it they'll have to make up something very nasty indeed. Seeing how big of an event they needed to start the last two wars was, this concerns me greatly.
Waziristani nukes + anything Larry Silverstein owns (Sears Tower, mayhaps) + IraniMexiNarcoPotheadUnderwearUsedcardealer Patsy + Haqqani bin Laden = STFU and let us grope you as you get on the truck/train/leaky barge to go to the "Safety Encampment"
Oh yeah, very right, you go to battle in front, in a row of one; just you.
You could very well have a point there.
Notice that it is the "last time since WWII" that debt has equalled GDP (or exceeded).
Sad, but a pattern nonetheless.
large scale military excercises underway all around Iran at the moment. crazy coincidence that? I wonder how long the NWO can go on destroying small countries without a major fuck up. Afterall, Libya, a small weak country is still a mess... Iran is no Libya. but then again, these fucks know no restraint and the real criminals are no doubt hiding in their little bunkers.
if you want to know how the North American Terrorist Organization (NATO) is really progressing in Lybia, check tios site: .... uups
http://www.mathaba.net/1freeText.shtml?vid=911&cmd%5B911%5D=c-3-Libya
Stupid fucking human beings. Always resorting to the same old stupid barbaric "solutions." The greedy pricks at the top have got this down to a science. Gain control of money and property and government. Rig and manipulate the system for all it's worth, untill you've accumulated all the wealh in the land and impoverished all the rest. And when the system starts to fail because it is so nakedly and obviously corrupt and out of balance, start a war. By the time the pawns, sheeple and slaves wake up it's too late. Then it all comes crashing down, there is fear in the land, and the fascists are swept into power to clean up the mess and restore order. Then it starts all over again. This is a sad story, and repeating history over and over again is getting tiresome.
If you thought protest against Iraq wars were big - nothing like you would see if US commences operations in Iran. Won't fly. I think there would be massive demonstrations and large enough not to ignore.
Arkadaba ,
You must be in a Lucid Dream State...............
Little to nothing would be said.The American people have been beaten to death with every type of club imaginable.
I disagree but time will tell.
If the TeleNegro is the one who launches it those Progressive fucks won't utter so much as a whimper.
Boom, bust, war has been the profile for most all empires. The last empire that fell was the USSR. If I remember correctly, seems they were involved in a campaign in Afghanistan when the balloon went up. I think the empire that collapsed before the USSR was Great Britain which was also in a campaign in Afghanistan. I also recall that most all empires in history had their final campaigns in..well you can probably guess...
This is the end
Beautiful friend
This is the end
My only friend, the end
Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end
I'll never look into your eyes...again
Can you picture what will be
So limitless and free
Desperately in need...of some...stranger's hand
In a...desperate land
Lost in a Roman...wilderness of pain
And all the children are insane
All the children are insane
Waiting for the summer rain, yeah
There's danger on the edge of town
Ride the King's highway, baby
Weird scenes inside the gold mine
Ride the highway west, baby
Ride the snake, ride the snake
To the lake, the ancient lake, baby
The snake is long, seven miles
Ride the snake...he's old, and his skin is cold
The west is the best
The west is the best
Get here, and we'll do the rest
The blue bus is callin' us
The blue bus is callin' us
Driver, where you taken' us
The killer awoke before dawn, he put his boots on
He took a face from the ancient gallery
And he walked on down the hall
He went into the room where his sister lived, and...then he
Paid a visit to his brother, and then he
He walked on down the hall, and
And he came to a door...and he looked inside
Father, yes son, I want to kill you
Mother...I want to...fuck you
C'mon baby, take a chance with us
C'mon baby, take a chance with us
C'mon baby, take a chance with us
And meet me at the back of the blue bus
Doin' a blue rock
On a blue bus
Doin' a blue rock
C'mon, yeah
Kill, kill, kill, kill, kill, kill
This is the end
Beautiful friend
This is the end
My only friend, the end
It hurts to set you free
But you'll never follow me
The end of laughter and soft lies
The end of nights we tried to die
This is the end
Just post an F***ing link to the song. I hate scrolling by all these lyrics.
Deadpool ,
Are you Channeling MORRISON?........................
Must be on da Crystal Ship.
just pointing out the obvious, but does anyone really buy that either figure is correct? debt probably surpassed GDP decades ago.
Total credit market debt ratio to GDP in the US is like 350%. This is down from 380% in 2009 in spite of trillions of added govt. debt.
That's still about 200 percentage points higher than what's sustainable.
USdebtclock.org has it as 878% today. Where did you get 350%?
I also thought we crossed the rubicon long ago. We're toast. Better buy some more silver while the fire sale is on...
Then you have the ratio of increase in US debt to increase in GDP. This is currently at 5.5-6X, up from 3X in 2000 and 2X in 1980. So, this debt driven system is clearly running into ever diminishing returns which in turn calls for even greater debt increases and so on.
No, nobody but the sheeptards believes the goobermunt numbers. Real GDP is declining, has been for a long time. Last I heard, actual GDP is around $1.7 trillion. The lines crossed sometime around 2000 at the latest.
FWIW, the mythical $15 trillion GDP would require ~$60,000 of production FROM EACH & EVERY US CITIZEN. Personally, I only know of two people who would be in that club.
The unfunded liabilities are $116 trillion now while debt is $14.8 trillion. Yeah, we are Americans and we invented creative accounting. We don't count war funding or unfunded liabilities - if you object, we will unleash the world's most expensive military on your ass.
Do this mean the financial health of the US of A looks 'relatively' well from one side, while it looks totally degenerated from the other, depending on your perspective ? Just like this?
Beside that, it seems to get scary this Halloween with the situation in Europe looking increasingly hopeless and with the financial health of the US of A degenerating rapidly ... perhaps even more more than the tradional Halloween.
Did you also add all the black-market $ to the figures?
Thank you! That's exactly what I was thinking, and you've just saved me 20mins of searching stats to prove it, if it is at all possible to find stats of off-book ledgers.
BOO!
L0L!!!
you got me!
If you would have just stripped "per capita" from GDP and left it in the debt number, all would have been fine. Thanks for ruining the country!
U.S. knocks on Iran's door and says do you want the trick or the treat?
"Knock, knock. Who's there? Ayatollah? Ayatollah who? Ayatollah you Iran would be next! Occupy Iran...
Best birthday present ever!
I thought you said NOT to cross the streams!
That was recommended for the old-style urinal trough at the baseball park.
16: We all come like it's Halloween.
Come on: If the U.S. GDP is comprised of 70% consumer spending (mas o menos), and we all know how Americans whip out their cash wallets or purses full of cash when they go shopping at Walmart and Costco; Debt surpassed GDP long time ago. And we are not talking about all the trillion of unfunded liabilities.
More scariest -
print till debt-to-gdp hits infinity on 12/21/2012
who cares what it is after
time to dust off vera lynn and sell war bonds.
The Constitutionalists, anarchists and libertarians at #OWS seem to be cognizant of these numbers. (Licking their lips at collapse?)
They're also stridently refusing to let the libruhls issue demands that the regime do more based on what I've heard from friends in NY. (Well, they're trying anyway.)
Effectively no democracy + an economy that's about to go Greek faster than a whore on CL = PROFIT. (Whose, though?)
True enough. But as a further case, I submit one only has to read comments made on MSN and YAHOO to see that America is finished.
Anyone not stocking food. water and other "essentials" is in denial.
'further case'
'I submit one only' read comments
on MSN AND YAHOO
'any one'
food water
If you reflect on the Gross Domestic Production of the entire US Economy, and REMOVE all government spending, contracts, sponsorship, and loan guarantees; plus also remove all spending which results from debt incurred by borrowers without prospect of repayment...
The real GDP of America is about $5 Trillion.
Read Laurence Kotlikoff's article on unfunded mandates which bring Federal debt total to $207 Trillion (as of August 2010). Kotlikoff is a tenured prof of Economics at Boston Univ, so likely he knows his definitions and models; even if he has under-reported the situation by about $500 T...
America has been so efficiently and effectively looted by the fucks that bought/paid-for our Congress, bureaucrats, and all other ostensible societal leaders that it is almost humorous to hear assholes who believe there will be a rejuvenation of America.
The fucks that Looted U.S. have left not one crumb to nourish a potential rebuild. Understand that and the plan becomes crystal clear and on a day with clear insight you just might decide to make plans of your own for sustaining your life, liberty and pursuit of happiness.
May God Bless all the innocent Americans and peoples of the world who have had their economic prospects and likelihood of prosperity stolen by the bankers and Derivatives Marketers that have plagued the world...
Tyler- correction. As per Lester, debt-to-gdp would surpass 300% on halloween
True...they took everything. No crumbs...
But maybe like the Grinch they will hear us singing and Blankfein's heart will grow 3 sizes and he will give us all our wealth back and he will even come to our Christmas dinner and carve the turkey....oh wait....gotta wipe away those tears.
"The fucks that Looted U.S. have left not one crumb to nourish a potential rebuild."
on the bright side you don't hear many people saying "we're the richest country in the history of the world. Why can't we..." anymore
this is not good.
"There is only one clear solution = War. Get ready Iran, the dumb docile masses need a distraction from their enslavement, and you're it."
Actually Libya, and the African regions are also on the map. It is going to go viral, literally. Keep your kids in college.
Feel free to +1 all day but here is the quote Du Jour...
Why the 1% won round one of the occupy wall street protest? The only picturein the media an old cop draging a young girl. So the enemy are cops, not the super rich elite families. Why doesn't someone name the 1% super rich families which are making billions??This will help focus the movement. Does Kennedy/Kerry/Bush/Clinton/McCain make the list?
and the 1% continue to steal from the
pensions the cops are counting on. they
get a star on top of the win.
hwahahahahaha...
let us fuck those that protect us !!!!!!
Nationalizing McDonald's & Dunkin' Donuts is the only solution if America is to generate some revenue. Think about it.
That would amount to a tax on the obese and the popo. Not gonna happen.
meh, the music will continue playing, as per usual.
And now add US Private debt on top. What would that be? Another 240% or 250%?
Our country is kind of like a cross between a knock knock joke and Halloween.
last year i advocated the MERV robot costume
now, for 2011: the merkozy mask w/ angela's fasce on one side and sarko's on the other
...and you can also wear it on New Year's Eve, too!
Root Programming: Building the Foundation
Take care to balance relative rates of behavior in the frequency domain, the process, and the time domain will take care of itself. Focus on the time domain, symptoms, and the incidence of black swan/white swan events will intensify.
So, you have root and peripheral programs, installed by yourself or others. If your root is seeking an outcome based on false assumptions and the peripherals conflict, you get false anxiety with positive feedback. If you expect things to fear, you will find them in spades. Some people drive around town looking for the word abuse and find it. Others find sex, drugs, etc. You find what you are looking for in a self-fulfilling prophesy, with increasing frequency. Always re-examine root assumptions when experiencing increasingly “bad” outcomes.
I can walk through Compton on a random night with a large bankroll in my pocket and experience no problem. On the second night I expect someone to be there waiting for me. On the third night I expect to walk out with less than I walked in with, unless I make the appropriate investment. Those with anxiety will not make it beyond a few blocks on the first night without losing something. People are people, whether in Compton or on Wall Street.
It doesn’t matter whether you want to party, raise a family or run a corporation, sustainable durable goods orders maximizes NPV opportunities for all parties. Why would you expect that outcome from unsustainable energy sources? Intelligent parents are what you need, because they buy the product you want, in the form of homes, transportation, appliances, etc.
Look around. How many intelligent adults do you see that would provide a good example for children (not many)? Frequent the establishments they frequent to leverage the frequency. If you can reduce their rent or increase their quality of life in the workplace, do so. Respect real marriages and they will provide the means/process to whatever end you seek. And who knows, you may want to raise a family yourself someday.
Government can only steal your physical assets. You choose to participate or not, most often at a very early age. Sooner or later, the future becomes the present, and it is the nature of government to dismantle the family. Government is the vapor/fog producing the distillate. “those powers not granted…”
What is the true net future cost of present behavior? Where is the balance and what is its relationship to the point of perception? Where do you place the wall?
Adam Smith made his assumption for a reason; self-absorption is a black hole from which intelligence is distilled. Sometimes an ant is more than an ant. If you are absorbed by the past, it's difficult to pay attention to the present, let alone plan for the future.
Everything is related to everything.
Every day the farce goes on...
The twisted dagger spins in ire...
Soon the twisted blade will fall....
And all who thought their fates lessened...
Did not realize themselves the weight they added to the blade.
Is this like a Death Cross...?
You can't polish a turd but you can roll it in glitter!
You can polish a turd. See mythbusters,
http://www.youtube.com/watch?v=yiJ9fy1qSFI
Polished turds, simply perfect correlation to our current debt- and leadership-love it...
Hillarious. I've wondered how they keep this crap going, Now I know you can do anything with enough bullshit.
Boo
NWO timing is perfect. Were 2011 was the crises year 2012 will be the crises deepening year with nincompoop politicians watching with their finger in their noses and the general public stupified about what hit them so freak’n hard .
The NWO plan is to end the dollar at the end of 2012 which maybe a bit later but they still got more than a year so they may pull that one off as well.
Protest everywhere but until now they’ve led nowhere. In Egypt the army backed by the US took over control and the situation only became worse. Massive protests in Greece but with the British agent Papandreou still in the saddle even more austerity measures have been put in place.
Governments in the US ane Europe are firmly in the pocket of the Bilderbergs together with the MSM just carry on their draconian measures as if the people simply don’t exist.
Wall Street protesters are easely co-opted and haven’t got the faintest idea how this system actually works and what kind of effective demands to put forward.
All and all a very succesfull year for the few NWO anointed again who are masters in sociology and exactly know who to delude the stupid mass in even more stupidity.
Example Occupy Wall Street – capitalism to blame? http://www.youtube.com/watch?v=wICEEuDM9mI
aahaahahahaahahah this goes nowhere.
Georgia Guidestones http://www.betweenthelines.info/images/2580744358_0b722e10f7.jpg http://vigilantcitizen.com/wp-content/uploads/2010/11/Georgia_Guidestone...2007 was the year of trend ramp on the
federal debt, the dish off year and it went
well. they proved they can steal, commit fraud,
loot and rape in public and then bill the
federal government for the party and all losses.
and then blame the government for the fuck up!
.
that year, 2007, is five years from 2012.
what is the significance of five years?
something elemental must correlate.
something matured? needs to mature?
If we had the same debt to gdp during wwII how did we get out of it? I have heard people say the war got us out but wouldn't that mean we would get further into debt to go into war? How was it done and could the same thing be done today?
Triple A ,
No, we were the worlds largest CREDITOR Nation, and NOW we are the Largest DEBTOR.
With no Manufacturing base.
We used to have factories that produced stuff other countries needed or wanted to buy-kinda like current China industry-great question...
In 1946 the ratio of non-govt. debt to GDP was about 30%. Now it´s at 250%. That´s the big difference.
There were INSANELY HIGH income tax rates back then, too.
Total government revenue (ie revenue from all sources, income tax, corporate tax, etc) was actually lower as a % of GDP at the peak of WWII than it is today. http://www.usgovernmentrevenue.com/revenue_chart_1902_2015USp_12s1li0181...
It's extremely unlikely we'll be able to increase revenue as a % of GDP. We've crossed over into a positive feedback loop that results in the destruction of the US government's ability to spend without destroying the dollar. So it's game over, when and what get get as a replacement is the only issue now.
Why do we not have the Edit feature on?, corrections need to be made.(spelling,and added thoughts.
Seems like the board is being policed.
ON PREVIOUS POSTS.
doz,
once someone replies to your comment you
can no longer edit that comment. the reason
that is so is because it is not right, just or
you choose the correct word, for one to be able
to alter a statement once that statement has
elicited a response. once you post a comment,
that is the comment. don't worry about it.
it all comes out in the wash, just let it flow!
and do your editing before you hit
'save'.
blindman
Thank You for being so kind to advise me. Never knew it.
90% of the time I never know Who is speaking to Who here, because folks are too lazy to add the name.LOL
Frustrating as hell sometimes
The one thing that can prevent that event is ol' coot Harold Camping's actual, final, gosh-honest to goodness date for end of the world on 21-OCT-2011, since it comes just before the treasuries issuance. Remember that date - maybe that's the purpose - to save us from our debt. :-)
Oh no.
"Leveraged EFSF deemed violation of Maastricht. The Master Plan is coming apart!"
Futures are up.
of couse they are. those twats don't read ZH, and even if they did, it'd be just one big meh?/what me worry?
Congratulations you guys deserve it! You've finally did it.
I wonder when the debt ghost (bond market) arrives and take you to hell.
Maybe a couple of big bowls of 5.56 and 7.62x39 ammo by the door this year.
Just sayin'
Uncle Remus
Why would ya want that underpowered cheap Russian knock-off ammo?
Why wouldn't ya use the good ol' hard-hitting 7.62x51mm NATO?
Damn! I love that round. :-)
Oh, but I do. It is a bit pricey for gettin' the ya-yas out at the range tho. We keep a broad range of ammo and associated delivery systems because, well, ya just never know.
I can smell a lot of ink in the air.
Despite bad debt news, Barrons ran an article saying Buy Banks! Taking into account the current state of the global economy, it is beyond my understanding why anyone would go long. Aside from the occassional pops here and there, the risk is to the downside.
http://online.barrons.com/article/SB500014240527487044683045766272617738...
rename halloween to keynesian endgame =)
http://www.youtube.com/user/407buddy?feature=mhsn#p/f/1/8dwR-F79MjU
It´s a way overindebted system and its very foundation - interest rates - is controlled by the govt. and its financial bedfellows. So, they purposedly keep the foundation weak by low rates while the overhead pressure from increasing debt keeps getting heavier. This hopeless arrangement has been showing some serious signs of cracking in the last decade. The stock market has crashed by 50% twice. Crashes of this magnitude or larger are likely to increase in frequency over the next years.
This is all Waddel and Reed's fault
Very bullish!
Trying to find a John Maynard Keynes costume for a Halloween party but nobody has one. Guess I'll have to go as Turbo Timmy.
how about a obama joker mask.............
I just figured I'd go for scary and dress up as a printer and hand out fake $1Tn dollar bills to everyone...one of Bernanke's 'Legions'...
I would not try it. Sure, Obamas' crack security detail cant stop people from stealing the teleprompter. But throughout history soveriegns have hired the absolutely most elite detectives to catch contefitters. True rumor: Historians think that Issac Newton moonlighted not only in alchemy, but also tracking down counterfeiters. No Joke!
Isn't an FRN basically confetti, er, counterfeit anyways? I mean the only thing backing it is, well, debt...er, nothing.
Charr Co- aggrees(Cl(all / Dis ( PUN)
Happpy Hallow Ween,
http://blogs.wsj.com/metropolis/2011/10/19/who-is-occupying-wall-street-...
george. this bud is for you. i am sorry about this, really. it does not surprise me. many of the people there look like leftist and communist to me. they don't want the same thing i want. they would not understand the writings of jefferson or samuel adams....
I'm printing pictures of candy to give the kids from here on out. Seems to fool the grownups....
I'm the Great Cornholio
Night Of The Almighty Bunghole
I thought we eclipsed the 1:1 ratio when the hacks raised the debt ceiling. Oh well, this ratio will continue to climb until the FR runs out of paper and ink. They will continue to buy new and rolling Ts with decreasing valued dollars so this gig may not end for a while. I can see it now, if it is not obvious yet, the FR's new slogan will not only be "lender of last resort, but the new and improved buyer of last resort".
As they print more funds, the value of the greenback will decline along with the issuance of more Ts to buy due to rising costs and budgets. Sounds like a dog chasing its own tail and the green mile to hyperinflation but the value of the debt to the bondholder will continue to decline. But the FR doesn't care because they have their own accounting rules. What's mark to market anyway without a market? Sounds like a last ditch plan to me but what do TPTB have to lose at this point. Lever up bitchez!
The black swan is in the rooom!
Load up the Fed with all the debt add all the derivatives and then:
BANKRUPT THE PRIVATE COMPANY AND THROW THE OWNERS IN JAIL
whi gets the haiir cut? Not me!
gdp is debt. federal debt, bonds, are debt.
they must correlate, they are the same thing,
just from different temporal perspectives. so the
meaning of the chart is time is a concept that
offers the imagination a field of fancy, tangential
perspectives prone to evapoflation. hubris and elevation
revealed.
but seriously, the chart is telling me
the basis is asserting its nature. the root will
not be denied its truth and the core of its being.
debt will not be denied its day in the sun!
it screams, " know me " !
or, since 2007, the tab and bill for public/private insider stealing, looting, rape and public genocide
and disfigurement has been transferred to the federal
treasury tab to allow the continuing same to proceed
without recognizing the fiscal horror which is satan
himself relentlessly pounding the innocent children
of this planet.
something like that.
You do realize that a new set of GDP numbers is coming out next Thursday, right? Thus no - unless Q3 GDP ends up being pretty much flat (not expected) - it will not cross over on Halloween, because GDP will be jumping up by about $150 billion or so three days earlier.
It's a nice thought, though.
the debt is coming home to roost. m.x. somewhat
And the EURUSD keeps not falling. This suks.
Hey, TX! Ted Cruz.
But you 'they're all the same' types, have no clue.
It's Reformation Day!
They are all the same.
So you Rue Paul supporters are clear to stay home.
Your votes are a waste anyway.
You are a waste, but now I got personal.
We're supposed to be impressed? With what would be a 25% contraction of the real economy, and number that the BLS would never dare impart.
Nightmare on Main Street.
The situation on the "scariest chart ever" seems to be bullish for the US$.
The euro crisis (the upcoming collapse of the eurozone) is not very bearish for the euro.
Both events seem very bearish for gold and silver.
All this is very counterintuitive and I'd love to read good explanatiion about it.
IRON MAN Never sleeps!
http://www.youtube.com/watch?v=YEQOh2NVVLo
Ok Ill go you tube< Subversive>?
Need I say more? http://www.youtube.com/watch?v=u4iNw1Hvcu8&NR=1
Big surprise. This is what happens when long term issues are put aside in order to address short term, political 'hot button' issues that politicians focus on to extend their careers in DC.
random staffer: 'Sir, this looks worrying. If we don't address this issue now... well .. extrapolating the figures over the long term the results, the results lookdevestating'.
politician: 'You don't know DC, son. Put that one on the old credit card and let's refocus on the issues of the times. Elections coming up in a few years, you know. Your resume would look even better if you supported a winning candidate.'
rs: 'uh, er, um, but...'
politician: 'who butter's your bread, son'
rs: 'okay, I'll file it away and start working on our gays in the military position'
politician: 'ata'boy!'
Basically a house of cards that has been held together with flimsy dental floss because there is no 'leadership' within Congress that wants to tackle the LONG TERM issues. This is exactly what many very wealthy people do when presented with problems in their home life... THROW MONEY AT THE PROBLEMS. Money makes the problems go away -- pseudo suicidal daughter and wayward son -- throw money at them, it makes it all better. Negleted and pissed off wife? Buy the bitch a new mink coat. This works until the money runs out... but when your accessory can print money at will.. well.. the money never runs out, so spend it at will on any and everything. The one problem. While it may not 'run out', it will eventually becomes worthless.
Here is somthing really scary:
Louisiana - Law Bans Cash for Second Hand Transactions
http://www.liveleak.com/view?i=139_1319078637
http://www.youtube.com/watch?v=EcOZmtbLRP0&feature=related
So if i get all this right; on Halloween there will be the expected Alien Invasion, right?
I took a book over seas with me. A very gentile person recommended it to me 2 years ago. I've read it once.
Cruising at 42, On a g-5, I understand what this man meant! The man was " Rich With Wisdom" , un- nerved in his right,< sh> ness!
A man of of wisdom he is. A swing trader , and a conventionalist! I respect that man.
As I Look Gently, at the sun rise over the " Orient", I Thank him. I tell him to short Asia.