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This Is The Way The Hopium Ends: Not With A Bang, But With The Biggest Collapse In Future Consumer Expectations... Ever
The charts below demonstrate the 6 month change in the 6 month forward looking Consumer Confidence outlook: in other words, this chart measure just how deceived US consumers have been by hopium consumption 6 months ago compared to reality now. In short: 2011 has been the most disappointing year for Americans in history. Whether it is due to excess hopium consumption or not... well, it is not irrelevant.
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And why are the peoples not buying? Cause the US of A allows big manipulation and HFT and crap to rob more money from the small investors. What means, less to spend, so he's fucking over even those who would be willing to spend. Well done US of A.
Market goes green, congrats to the Wall Street Pick Pockets. Those Lexus & BMW lease payments are due so stay on it.
Condos are starting to cash flow out with 20% down in my neighborhood. Not blood on the streets bargains, but progress non the less!
...I am losing a bit of money tonight...but I can still smile at this WTF price action. It is so ludicrous. Mind you, I have only a smidgeon of a position on. If I was betting big, this would be NO laughing matter
For those of you whom are baffled, the CCI is a contrarian indicator. A decrease in consumers' future expectations levitates markets, duh!
Calling Dr. Ron Paul!!!! Calling Dr. Ron Paul for surgery!!!!!
Buffon Bernanke & Goofy Geithner need their asses removed from guvmunt service. And their mouths are infected from kissing bankers asses.
Obama: "Can't just go to Las Vegas when you want to; can't buy an SUV; can't buy a boat; and, just can't eat what you want...."
Statements made circa the time he was eating quail eggs and caviar at the Barbara Boxer fundraiser in CA 2010.
The dual mandate is bullshit. It just means they hope you'll go along bailing ou the banksters in return for a job at Mcdonald's. And in many cases people aren't even getting that.
Welcome to the hopium hangover, America. I tried to warn you in 2008.
http://joesixpack.me/orig_letter.html
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