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Next Leg Of The Ponzi Revealed - Foreign Central Banks To Begin Buying US Stocks Outright Starting Today
We were speechless when we read this from Bloomberg.
The Bank of Israel will begin today a pilot program to invest a portion of its foreign currency reserves in U.S. equities.
The investment, which in the initial phase will amount to 2 percent of the $77 billion reserves, or about $1.5 billion, will be made through UBS AG and BlackRock Inc. (BLK), Bank of Israel spokesman Yossi Saadon said in a telephone interview today. At a later stage, the investment is expected to increase to 10 percent of the reserves.
A small number of central banks have started investing part of their reserves in equities. About 9 percent of the foreign- exchange reserves of Switzerland’s central bank were invested in shares at the end of the third quarter, the Swiss bank said on its website.
The investment will be made in equity index trackers and will include between 1,500 to 2,000 shares, among them stocks like Apple Inc. (AAPL), Saadon said.
More from Globes:
The Bank of Israel today began investing a small part of its $77 billion in foreign currency reserves in US stocks. The central bank's latest Markets Division report states that the new Bank of Israel Law (5770-2010) allows the Bank of Israel to make equity investments, and that it began to do so today.
The Bank of Israel will invest $1-1.5 billion in US stocks, 2% of its portfolio. The report adds that the Bank of Israel has been investing in public bodies in developed countries since 2010.
The Bank of Israel said that the investments in US stocks would be made through UBS AG (NYSE; SWX: UBS) and BlackRock Inc. (NYSE: BLK) The Bank of Israel's Markets Division, which specializes in bond investments, will not be handling the equity investments. It added that the traders will have very limited discretion, and that they may only quote leading indices, in order to reduce the risk.
"We have almost no exposure to countries with big problems. We constantly examine where we invest the foreign currency reserves, and I can promise you that you can relax," Governor of the Bank of Israel Prof. Stanley Fischer said at a closed conference in mid-January.
"The Bank of Israel does not disclose the currency composition of its portfolio, especially not the composition of its equity portfolio," says the Bank of Israel. At the January conference, Fischer said, "Imagine if we were to begin publishing where you invest, so when you stop buying the bonds of a particular country, and this is published, we'll get complaints. That is why we do not publish." He added, "We have an external committee that conducts the examinations. You can assume that we're aware to the fact that there are problems in certain countries."
In other words, while the Fed's charter forbids it from buying US equities outright, it certainly can promise that it will bail out such bosom friends as the Bank of Israel, the Swiss National Bank, and soon everyone else, if and when their investment in Apple should sour.
Luckily, this means that the exponential phase in risk is approaching as everyone will now scramble to frontrun central bank purchases no longer in bonds, but in stocks outright, leading to epic surges in everything risk related, then collapse and force the Fed to print tens of trillions to bail everyone out all over again, rinse repeat, until this chart becomes asymptotic. We say luckily, because it means that the long overdue systemic reset is finally approaching.
Chart: Diapason
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Based on interviews I've seen on Forbes.com after the crash of 2008, people that spoke to Steve Forbes almost were telling him that big buyers were buying up the market until they ran out of money right before 2008 crash.
Something bad is happening. It's worse than I thought.
And if you have 44 min to listen to the plan straight from the gift horse's mouth, here is Dr. Paul Krugman explaining how Firms trump governments.
The Rise of the Firms:
http://www.nobelprize.org/mediaplayer/index.php?id=1072
What does this mean ? I'm not a trader and don't understand how this could cause a reset. Can someone break this down for me ?
when all the wealth is extracted, even the sheeple will stop playing the game... then people die and die some more. Then if it can bring a dark ages long enough, that everyone forgets how to be as scientifically corrupt as they are now, then you get your reset and it starts all over
You left out Einstein's rather frightening prediction about the weapons WWWIV will be fought with.
I had never heard that prediction before, thanks for the good quote.
Bradley mentioned it as well but quotes sometimes just stumble about until they are cast on a bright stage
http://quoteinvestigator.com/2010/06/16/future-weapons/
dupe
so if we shorted AAPL we will be Anti -ISREAL
ah, maybe some retail will now buy he stock-market, whaddya think?
I have been and I'm a stupid retail investor. At least I don't pay asset managers' fees, who as far as I can tell don't know much more than how to fleece their clients.
Aaaand here comes the "ruler".
Birinyi Says S&P 500 May Reach 1,700 in Echo of 1995 Sentimenthttp://www.bloomberg.com/news/2012-03-01/birinyi-says-s-p-500-may-reach-...
The inevitable result. Money isn't much good if it can't buy actual goods and services. If you are going to turn it into toilet paper, best to actually own something that produces those goods. Buying bonds isn't nearly as effective since you actually have to be able to make a conversion. Much better to have your central bank/government own the means of production. Marx would be lauging his fat ass off if he were alive today.
ah sh*t oil is freaking out the market again. USD bids in equities selling. HFTs panic, like clockwork.
Mondo Bizzarro! Fook Me!
Better US Equities than financing diamond purchases. This is all planned out though to encompass the "entire global economy/monetary systems." They'll peddle the coming "crash" as a requiring a transition to a new global monetary unit (a la SDRs). Interesting to see how this will play out.
I wonder if they'll play the ET/global cohesiveness to sell this. This was forecast by Werner Von Braun awhile ago. He said it would be used to weaponize space, but this seems more plausible.
Holy crap National Inflation Association will have a field day with this!
You have to admit they are brilliant - and it continues to show how all powerful TPTB are and truely in controll - this ponzi is in its early days - our kids will be on ZH talkin the same shit we are today.
Controll- I think that says it all right there......trollcon?
smile, be ha ppy...ever y thing is un der con total trol ... con sume, be ha ppy...ever y thing is un der con total trol ...
Do I have this about right?
Feds/Reserve creates $'s and ZIRP them to Central Bank. Central Bank buys everything with the free money, creating inflation... I mean "growth", which reduces the worth of the debt.
Result: Fed can spend 4eva and look like state capatilist gurus and banksters get to eventually own all equity on the planet.
For some reason I'm reminded of the Enron subsidiary whose only investment was in Enron stock...
Commence underwriting puts of all shares owned by other central banks.
Oh. And if you're hearing about it, they've already been doing it for years.
It's possible that USA Plunge Protection Team has run out of money because the congress committe covering them or White House has ordered them so due to food and energy inflation.
Israel and Switzerland do not have enough fire power to keep the game going for long.
I feel a crash, bigger than 2008.
Yeah, who bought the market from OCT 4 to now? Skinny little channel has robot written all over it, pathetic volume. Its all world QE, they have everybody in on the game now .... go ahead sell it all to Israel, just don't give them the money to buy with for frks sake.
print, give paper 'foreign aid', receive back as 'equities investment' = virtuous circle laundering?
Just like a common thief who never gets caught, they're going to push and push and push the edge of the envelope, forever testing the sheeple in an ever increasing brazen display of 'fuck em'.
Until one of their ilk is made an example of, nothing will change.
Reading a lot of these comments, people are bearish on stocks while insiting inflation will continue. Wouldnt inflation make you bullish on stocks?
Yeah, and just how well did US stocks do during the period of major dollar devaluation between 1970 and 1982? I'll tell you: stocks stagnated in nominal terms, and fell over 70% in real terms. And that was typical for equities' performance during an inflationary period; in Weimar Germany, and 2000s Zimbabwe, nominal stock prices rose sharply, while still falling over 90% in real terms. The reason is that the productive economy is undermined and bled dry in direct proportion to the degree of currency debasement, and stocks must inevitably reflect that fact.
No need to down vote me its just a question. I just thought it logical that stocks should go up. If thats not true what is the reasoning?
I did not vote you down --- in fact, I think you asked a legitimate and logical question. It would (at first thought) be logical to expect stocks to roughly keep pace with inflation, but that has never been the result during any historical inflationary period of which I am aware, for the reason that I gave in the last sentence of my prior comment.
Hey, don't feel put out, it's ZH...
It is logical, and it usually happens that the indexes (and stocks) do go up during inflationary times. Alas, they sometimes do not go up as fast as the inflation of the fiat dollars, so in real terms, you still lose some purchasing power. You would usually (in the last 50 years in the US - my experience) lose more with fixed income investments; so stocks are 'better' in that respect - but there is no such thing as a free lunch. All investment are risk - overall, the market has (Until somewhere this century) been a reasonable way to deal with inflation.
The market is so broken now, with dark pools and HTF computer trading, that all bets are off.
But logically, you are correct. Whether the markets are still 'logical' now is a whole nuther matter...
Inflation affects the cost of everything ultimately. When costs rise, everywhere along the food chain there is resistance to price increases, because it puts volume at risk, which reduces net income, which affects stock price.
So the first thing that happens is that manufacturers try to hold the line. Inevitably though, they must raise prices. When inflation happens in concert with an economic downturn, they lose business anyway, so they seek to lower their costs in other ways, such as reducing payroll. And that will help for awhile, until prices rise so much that they must be cut again and companies finally raise their prices to reflect increased costs.
When expenses are cut to the bone, and there are fewer buyers for products, earnings go down again, and remember, stock prices are ultimately a metric of earnings (profits). The problem here is when we are locked into a cycle of recession AND inflation. In that scenario, there are fewer jobs, and higher prices. Stock prices should then go down drastically to adjust for less profit. Sustained lower stock prices present a host of other economic problems. It can become a vicious, long lasting cycle.
That is where we are right now. Propping up stocks helps only a little, because corporate profits are ultimately the driver of economic success, whether that corporate profit is generated by one guy in a startup or 100,000 employees in a large corporation. The Fed is dealing with the symptoms, not the causes, and appearances, not reality, because in truth, the emperor wears no clothes. They can't fix what is really ailing us. And they are borrowing heavily by creating money and overspending on our budget, which sends the liability off to another day until it is repaid by future generations as a higher percentage of our budget.
The problems will not be solved until we make products again that the world wants to buy and we live within our means as a country. Anything else is window dressing and managing appearances by mortgaging our future and only delaying the inevitable. And delay potentially builds up to catastrophic levels until there is a complete failure and loss of confidence in the dollar (hyper-inflation).
Can't speak for anyone but myself - looks to me as we will be trapped with asset deflation and commodity inflation.
Smells like the final rip off, before war starts.
"Daaarling ... Mr. Jones just told me, that the Israeli government is buying Apple stocks. Do we have Apple stocks?"
Darling I love you but give me Park Avenue
dun dun dun dun dun
Times Square
dun dun dun dun dun
Foursquare?
dun dun dun dun dun
Soup's on
dun dun dun dun dun
Groupon!
dun dun dun dun dun
Say who?
dun dun dun dun dun
LULU!
dun dun dun dun dun
Yelp, too!??
Green AAPL is the place for me
Gambling in stocks is the life for me
VIX spreadin' out so far and wide
I love Manhattan, you move to the countryside
...The whores
...The stores
...Filthy air
...Times Square
You are my mistress...err wife
Good bye, sane, productive life
Green AAPL we are there
Hehe.
That is about the size of a tiny non descript hedge fund. I wish they would buy en masse. I went long the reflation trade a couple of days ago. Probably at the top.
To all the ladies in attendance - please forgive my vulgarity, but...UNMOTHERFUCKINGBELIEVABLE.
What, they couldn't get enough of the over-hyped subprime crap?
They have to compete with the Fed but Cool they can always double up.
Meaning: if you put $5 down on the Don't Pass and you lose it you put $10 down on the next come out. If you lose that then you put $20 down and on and on until you eventually win your original $5 bet.
The problem with that is: you eventually may have to come up with more money then you have.
Problem solved: Ability to print an infinite amount of currency to bet guarantees you will always get your original money and win your initial bet.
This also infers that companies should delist their compainies from the markets any way they can and as soon as they can.
So what's the problem?
Where do you think the TARP money went to? Do you think that was a natural V-shaped recovery.
And as far as the Bank of Isitreal is concerned....it may be the only way that Americans....and their tax dollars...can afford to invest in the stock market.
but i thought the fed controlled everything and that Bernanke needs a drop in stocks because he wants to do QE3. Why would Bernanke tell Isreal to Buy US equities???
There will be no annouced QE3. Look at the money supply and the fed balance sheet...just keeps growing and growing.
...Benny ...Benny ...Benny and the 911 Jets
Oh you are weird not wonderful
Oh Benny is really Cain
He will eat your Apple too
and go on the tube
... lie and Time will print it as the truth in their Magazine
oh yeah
Buh Buh Buh Benny and the 911 Jets.
http://www.youtube.com/watch?v=GbC_571dksE
The stock market is going to infinity, lets all buy.
So who's gonna hyperinflate first? Israel or US? Or will it be simultaneously?
Better U.S. than their own.
The Ponzi Schemes are taken to a new Height
yesterday I posted, DOW 40,000
Live steaming- Sheriff Joe Arpaio's special report on the investigation into Barack Obama's eligibility
http://www.wnd.com/arpaio-report/
I am sure the Govt. compu-wizards will do all they can do to disrupt this feed.
fucking wingers crack me up, the world going to hell and there you clowns are with your BS birth certificate shineola. Yeah, vote repubican, they got their shit together. God save America from these KKK retards.
Which KKK retards are you talkin about the Dems or the Rep?
Is there a realistic way to make them both lose in 2012?
Ron Paul, third party ;]
Ron Paul carried into the capitol city on the shoulders of ten thousand weary but proficient veterans.
Well someone's got to fund that 'phony' holy war on terrorism by the so called 'great promoter of piece ehm .. peace' Israel.
wealth effects bitches
They say "No one rings a bell at market tops". But I hear a bell ringing.
Apparently, enough of the sheeple have been herded into government bonds.
Maybe a few more can be rounded up via Precious Metals "Bear Raids" like the one we saw yesterday, but it looks like the stockyard in front of the slaughterhouse is about as full as it's going to get.
Time to unleash the Mother of All Inflations.
Release the Bernanken!
note the correlation between everything on that chart(especially m1) and the price of gold. buy BRK.A ! i mean GLD! I MEAN PHYSICAL!!!!!!!
Get over it, that capitalism is only a Ponzi scheme. Simply enjoy it!
What better way to launder money! This is NOT new.
Fraud run through Israel always comes back clean. Look no further than every war involving Israel's interests, not yours. So, they get dual citizenship, but US citizens do not? All you need to know is in the open.
AAPL is the market.
contra indicator....they cant buy gold well; why should they buy equities with any timing. it does sound a little 'last-ditchy' and circular to do fx swaps so other central banks can buy securities. failure of couse will be postponed until its cataclysmic.
guys - seriously. i've met some REALLY bad people in my life. real hired assasians in mafias. really just twisted people. really sociopaths on wall street. but - i just do no get what drives bernake? seriously - anybody got a grip on what this guy thinks he's doing and why? even obama - i get him. even timmie boy - he's just a stupid fuck that never did a thing and has to look busy. but - bennie??
Bennie and Timma and company would have become hitmen if they'd had no education.
"The more you steal, the less time you do."
At some point - you just have to start thinking hocus pocus like.
What else can it be?
Something bigger and stranger than we can imagine is going on.
How can the smartest of the smart - have the world in this bad of a fucking shape?
We are digressing as a species.
Stanley Fischer, the Israeli CB governor, was Bernanke's Ph.D. thesis advisor
More than that... They often stayed in on rainy Sundays and baked cookies, talked about their inner most feelings and played monopoly with money they printed themselves.
And the tickle fights were legendary.
and Lloyd Blankfein was roommate's with Bernank at Harvard. You cannot make this shit up!
Now you all know that if they're saying they're gonna do it, that means they already are.
And that explains why slope (ES) = 1.5X + 11,000
"I conceive that the great part of the miseries of mankind are brought upon them by false estimates they have made of the value of things. "
Benjamin Franklin
And those 'false estimates' are about to get jacked like never before with this latest insanity...
I used to think this sort of thing was illegal.... Oh well, at least we can look forward to making car payments on our next loaf of bread!
Are these the signs of rogue regime desperation to save the bankrupt Ponzi, or doing it by all means necessary (Chicago style) to re-elect the president (and Bernanke's self-preservation, as all republican candidates have pledged to fire Bernanke)?
become rich and wealthy.... in what? USD?
the BB Put has become a Call
Apples Tulips Tulips Apples
There's a limerick in there somewhere.
There was an old gent from Hyde
Who ate rotten apples and died.
The apples fermented
Inside the lamented
And made cider inside his inside.
- Author unknown (to me at least)
Bad news for Apple users:
AT&T Caps Unlimited Data Plans
AT&T has been trying to manage capacity on its network in the face of heavy data consumption by Apple Inc. iPhone users and a limited supply of wireless airwaves, or spectrum. The carrier is spending billions to build out a new fourth-generation mobile-broadband network that can handle more data traffic.Under a new policy, AT&T will slow download speeds for unlimited 3G and 4G smartphone customers who exceed 3 gigabytes and 4G LTE users who exceed 5 gigabytes of data in a given month.
http://online.wsj.com/article/SB1000142405297020398660457725553294721733...
Not quite -- too bad for ATT losing customers.
There really is a minimal number of users that cross any sort of threshold. This is to put the clamp on it before it starts -- all that remains is the screw.
Short ATT and keep an eye for an attractive AAPL carrier acquisition.
ATT is straight-forward, and that is marginally better than Sprint which has been known to simply close accounts that exceed unpublished limits on "unlimited" data plans.
I enabled iPhone tethering recently, so that ended the unlimited deal for me, my overall data costs are lower without a separate 3G Sprint card.
Pres Obama calls on Congress to end $4billion in oil industry tax subsidies. Says giveaways are "outrageous" "inexcusable
Of course they are. That's not the problem, but the fact that he'll spend that money on *other* outrageous and inexcusable crap.
This is a direct act of Treason and arrests need to be made immediately. Call the police on these fuckers. Call the FBI. Arrest them. Throw the scum into jail. Don't just stand there call 911.
HELLO is there anyone out there. Your countries are all being taken over and they are going to f'n kill you. Not only that but if your company isn't in the click well your are going to be without a job and then they are going to f'n kill you.
To Infinity and Beyond! BitCHez...
http://www.youtube.com/watch?v=H2g6G9duFgc
This is blackmail.
Now the US will have to protect Israel, regardless of "bad behavior" because now that State will directly "own" the market.
All this from a state that is one of the worst offenders of money laundering and bank transparency.
We already protect Israel - and sell them the latest weapons...have for decades.
We've even let them use our sailors for target practice.
and most likely our Marines(in Beirut, Lebanon 1983) as well...among other falsely attributed 'terrorist' attacks(false flags). The USS Liberty incident was a failed false flag, we'll probably never know the full extent of the successful ones.
Israel Charged with Systematic Harassment of U.S. Marines
and from:
CSI Forensics Proves Who Killed US Marines
RDX = cycloniteToday's headlines in Ponzi Times- US agrees to provide support for an Israeli pre-emptive strike on suspected Iranian Nuclear Facilities after Bank of Israel announces pilot program of central bank investment in US equities.
No people has a head for business like the jews.
So they get a war started, then buy the companies that will profit. A little bomb here and there followed by some Halliburton shares. What a fucken crazy world we live in.
Good Idea! Maybe they will wait until they are fully invested before they do the big bombing run over Iran...watch out below...
Gotta pay to get overflight privilages and tanker support......
The next shortage wil be in TAR and FEATHERS, for the Bernank, Paulson, Obama, Fink, and rest of the cronies !!!!!!!!!!!!!!
I can't wait their quarterly holdings report.
I imagine they'll be stocking up on LULU and NFLX, no?
NASDAPPL 5000
Won't be long you can pick up all the iPads you want for a song at the local pawn shop.
Yeah! Right after the internet is banned!
Hey all, you can still catch the last of this live NOW!
Breaking News! Revealing report by Sheriff Joe Arpaio's exposing obama as a liar and fraud.
Huge news is exploding today in the Sheriff Joe Arpaio’s report exposing the birth certificate fraud and forgery. This is magnanimous in it’s implication. And scary to think this kind of evil criminality is so exposed and so accepted as all right in a country that used to mean truth and justice.
There are no more Christian values in America. The ship is fast sinking.
This report, and the reports about vote fraud are proof beyond the shadow of a doubt that we no longer live in America, rather we are now in some kind of state of evil that is fast headed off the cliff.
WAKE UP AMERICA!
Ignorance is not bliss.
Live now:
http://www.wnd.com/arpaio-report/
Shut the Hell UP
No one expects the Spanish Inquistion. Now for the comfy chair.
Dear Lord, save me from "Christian Values". Amen
rAMEN.
Me no clicky. sorry
Duplicate
Doesn't matter. They are only going to get somewhere between 12,970 and 13,030 on the Dow anyhow.
Thomas Jefferson nailed it: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
corollary:
"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."
--Thomas Jefferson
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
-- Thomas Jefferson
quid pro quo, clariisse, quid pro quo
WTF?!, what warped dimension do we live in?
AAPL to $8,000,000 per share by next week
Surprise Zero Hedge only just realize it till now? Years ago already heard a China's top economist told the Chinese government to buy U.S Stocks instead of U.S T-Bills. That's may be why Stock Market keeps going up.
This can only mean one thing that the printing dollars are coming back home following by flash back inflation, the emerging markets China, Brazil and India are exporting inflation back to the U.S.A . Expect higher and higher prices of everything.
p.s. People around the world love Apple so much that they eventually kill it.
>>This can only mean one thing that the printing dollars are coming back home following by flash back inflation
Does this forbode a Yankee Spring uprising? I need to get my generalissimo uniform ready.
Yankee spring? sure and the Dodgers are moving back to Brooklyn.
we all know how politics and finance works
i was catching a flight back from Frankfurt one day
thought jeepers I've seen that guy sitting up there before
so I thought ok here goes
i introduced myself hi i'm canuck from canada
you look like the dutch finance minister
he turned around almost rose up
and said YES I AM with a smile
and I said
ik wou het eigenlijk hebben over de financiele regelgeving
he said Ik ben op vakantie met mijn familie
i look across the whole row of seats and this definitely probably was true
there was a row of giggling guys in suits behind him
i walked back to my seat
and headbanged with the seat in front the rest of the journey
these guys only have to talk to Shell to know what's going on
while Shell feeds them bullshit about why the solar panel industry should get held back (left alone or facilitated with more flexible rule would be too much, let alone subsidized) we have the least developed solarpark in Europe. Hmm wonder why
the said guy now works for a big advisory firm
who cares
its the same whereever you go
pick on any sucker you can and have a laugh
til the next fucking day comes along
yeah, I scratch your back and you scratch mine
Well with the shitty rates they get from central bank sovereign garbage bonds, plus the interest rate risk, who can blame them?
And who in their right mind would hold cash these days?
<barf>
Bernanke and the Ferderal Reserve Banksters are creating a bubble of epic proportions. Oil going up big. Dog food for the rest of the 99%. Buy guns and ammo now 99% because that's going parabolic as well.
If your ammo is going parabolic try the Modified Weaver Stance.
What is the name of this bubble anyway?
Thy bubble will ever more be known as Greenspanium, the most magical substance in the universe. it can expand infinitely forever without stress or distress, tis the stuff of angel's wings.
Greenspanium, an infinite universe filled with nothing but Greenspanium. Wall to fucking wall.
I just have one question:
Does Bill Gross still "get it"?
Because he just took out a buttload of loans to buy Treasuries and MBS to frontrun QE3. Now it turns out he should have been frontrunning large c(r)ap stocks. Plus ISDA isn't going to pay out on all his CDS. What shall become of the PTTRX fund and it's new little ETF brother?
Weak economy > stimulus > deficit spending > money printing > CB balance sheet expansion > investment in equities > stocks levitate
ipso facto, the weaker the economy, the better the stock market. That makes sense like this does (from Revenge of the Nerds 2):
Harold Wormser: Easy. Take an asymptotic line and extend it outward.
Arnold Poindexter: Oh.
Stewart: Right, right, right. So perpetual bigness exists simultaneously with perpetual smallness. What was I thinking?
Ogre: What if uh C-A-T really spelled dog?
Arnold Poindexter: Wow.
Harold Wormser: God.
Stewart: Yeah.
Arnold Poindexter: That's heavy Ogre. Dog
It's all starting to make sense...
I believe Chemtrails, Inc. buying weather futures is a better bet.
Checmtrails Inc does sound good.
They are spraying daily where i am .
FUCK YOU's Chemtrail sprayers.
I hope you's crash and burn.
Oh yeah, by the way, the dutch had better leave the euro and inflate away the debt
they have the most of the stuff per gdp pretty much in europe right now
but hey we can fake it and as a nation we can hold our breath like no other
and talk about the fact that confidence is the key to revival
not sure what its like in the average household elsewhere these days but have you ever seen a dutch toilet? Even in public buildings?
smells like a garden and you would think doing 6 hours of surgery would probably be safer there than in the average hospital
The world would ease into tyranny so gently that nobody would feel a thing, apart from a few loonys.
Change "would" to "did" and I think you've got it.
Why is everyone standing around with their mouths hanging open? YOU KNEW THEY WERE SNAKES WHEN YOU PICKED THEM UP.
To reiterate: A simple method for picking up all the outlying marbles while they're cheap--and disposing of all those 'landfill' fiat dollars gathering dust in their vaults. Two birds, one stone.
pick your spot.
Exactly. The six trillion in (fake) treasuries were going somewhere. Buying while you can still get something for your wheelbarrowful.
I'm thinking a new TV show "When Central B(w)ankers Go Wild" or "The World's Craziest Central Bankers"
All of these posts are obfuscating the issue that Americans really care about: who will get custody of Andrew Breitbart's penis pictures?
i love gold
the shmell of it
asymptotic is an underrated word.
hey walkure, do you run germany?
can we join the mark?
Walkure runs something else *ahem* You need to be paying attention.
I love the smell of burning fait in the morning. It reminds me of victory. Or, Armageddon, not sure which. Only 10 more months - or less, until every one stops talking about the Mayans, that's for sure. Silver Faraday personal property cages is my patent pending entry for the fucking coolest Nieman Marcus Christmas catalog gift - EVER !
I will admit, its not clear whats going to happen to the insurance facility for the Public Housing Corporations and our mortgage debt is three times/gdp yours. But you're catching up right?
One day we will look back and say "Why did'nt we think of this way earlier!"
They were called "central" banks for a reason!
You guys see the latest DTS? Up nearly 50 billion in a DAY!
Haha, 16.4 Triilion here we come.
1 Billion is 1/1000 of 1 Trillion. There's 13T invested in U.S. stocks approx. That means an Israeali investment would move the market by 1.5/1000 or .0015%. Of course, if the money is targeted it can cause larger movements in that underlying stock.
Don't forget about the other boxes of $6 trillion in (fake) treasuries lying around.
sorry, will dig through all the posts and comments of the past year and see if i can figure it out
The Us finally has eastern counties outsopurcing work to us; and the algo/hft computers never get tired. The matrix is spreading. Forget the red or blue pill; just drop acid
Just the latest vaiant of "trash for cash".
Funny money chasing phoney money.
Lets get this joke over already.
Yup lol Zimbabwe once had the best performing stock market in the world....that's the power of inflation...hyper inflation...
Israeli PM demands Obama commit to military action if Iran sanctions failhttp://www.guardian.co.uk/world/2012/mar/01/israeli-pm-demands-obama-mil...
see, our prime minister is getting criticised for laughing off problems right now
his only rule is the 3 per cent target
the guy's probably having more fun than he ever dreamed of
though he has quipped that it may be necessary to go over a bit
even the fuckwits at the CPB are selling the story
How does and apple rot?.........
I haven't even started to vent my frustrations about Greenspan # 2 who is now selling Basel 25