Deutsche Bank (Part II)
Unless the markets can take out its September highs, we could very well see a repeat of the 1987 Crash.
The euro “might start to unravel” if Deutsche Bank collapses according to respected financial journalist, Matthew Lynn. “It all has a very 2008 feel to it …” he warns and outlines his and our growing concerns about Deutsche Bank.
A summary of this week's charts of note, that were 'neither here nor there', yet which all bring a story of their own.
Via Goldman Sachs
Forget those charts
These Charts About The Global Economy Will Give You Cold Sweats
U.S. Dollar index is now in jeopardy of failing the very important 80 level
Central Bankers Fail to Understand Forces Holding Back the Economy; Ten Major Economic Headwinds
If fundamentals don't exist, charts are for the nostalgic.
And, might I remind you.
It is Sunday.
I give you rock and roll.
Now be inspired. go out side. Enjoy the setting Sun.
Soon, I will need you.
We're going to have rebuild a better everything.
I'm out of control, but Ive got everything under control.
I may be a bit of a newbie but to me the charts scream TOP. They shot right up to long term resistance in almost every index with additional resistance points stacked above. Technically I've never seen a better 'bear' setup. Maybe I've missed something but this is the point I've been waiting for since June and I'm all in (literally).
With markets completely manipulated, you're playing a dangerous game even though you are right.
Re ZH charts, favourite one has gotta be the "Reserve currency status does not last forever"
This seems like a good place for a comedic interlude. 2012 doom, government gone wild, and laughs about it all..stand-up style
The guy is funny as hell. Thanks for the link.
No wonder Argentina is having such difficulties: Not enough kids to keep they out of trouble.
Does not matter, when kids grow up, the would need even more kids to keep them out of trouble by this thinking. Humans simply love unsustainable growth until it kills the excessive population o nthe way down, but hey, it will not be us if we are lucky, it will be our children in trouble, so we can enjoy the day, ne cest pas?
Speaking of charts, Obama helped create 35,000 jobs in China. This is higher than the fastest growing segment of the US economy: low paying food services and drinking places.
Not shocking really just Communists working together
Quizical, time and procedures for China given what we've seen in time lapse video construction techniques?
It is interesting to delineate racially and numerically that 3.4% of the world’s population measured by the U.N. in the United States, aged 14 or younger.
The Kaiser Family Foundation web site, using data from the U.S. Global Health Policy, reports that 20% of the US population in 2012 was under age 15.
Kenneth M. Johnson and Daniel T. Lichter in a published paper by the Carsey Institute in Spring 2010 describe the demographics of that 20% in The Changing Faces of America’s Children and Youth.
Summarized “Key Findings:
• Nearly forty-nine percent of births last year were to minorities. Children are in the vanguard of America’s increasing racial and ethnic diversity, and the minority child population is growing.
• The non-Hispanic white child population is declining.
• Growing child diversity is geographically widespread but uneven."
“Last year (2009), 48.6 percent of the babies born in the United States were members of minority groups. The seeds of diversity are being sown by high rates of childbearing among America’s minorities…
“Recent U.S. Census Bureau projections indicate that by the middle of this century, non-Hispanic whites will cease to be a majority of the American population….
“Growing racial diversity is attributable in large part to the unprecedented increases in minority children, especially Hispanic children. Less well appreciated are declines of the population of non-Hispanic white children. These national patterns have played out unevenly over geographic space. By 2008, more than 500 U.S. counties had “majority-minority” populations of children compared to only slightly more than 300 counties in which minorities represented more than 50 percent of the entire population…
“Roughly one-third of the U.S. population today belongs to a racial or ethnic minority group. The pace of racial change has been especially rapid among America’s young population. In 1990, 32 percent of the population under age 20 was minority. It grew to 39 percent in 2000. By July 2008, 43 percent of the 82.6 million young people in America were from minority populations ...
90 years of the Communist Manifesto
""The Communists," declares the Manifesto, "everywhere support every revolutionary movement against the existing social and political order of things." The movement of the coloured races against their imperialist oppressors is one of the most important and powerful movements against the existing order and therefore calls for the complete, unconditional, and unlimited support on the part of the proletariat of the white race. The credit for developing revolutionary strategy for oppressed nationalities belongs primarily to Lenin."
And the elite Wasps and Jews thought the Mexicans were here just to mow lawns.
How short sighted can a people be. They never imagined they would be replaced.
That’s right, and deliberately done. It was the Jews’ claim that America’s immigration laws were racist that led to the 1965 Immigration Act that favored primarily Third World entry into the U.S. and severely restricted European immigration –- until, today, in California 72 percent of students are of color, according to the Center for American Progress. Four states are majority-minority as of 2010: Hawaii, California, New Mexico and Texas. In short, the 1965 Immigration Act, steered through the Congress by Edward Kennedy, literally changed the face of America.
Senator Kennedy on the 1965 Immigration Act: “ the ethnic mix of this country will not be upset. . . . Contrary to the charges in some quarters, S. 500 will not inundate America with immigrants from any one country or area…”
This is not “junk,” Junker, it’s history. As Ronald Reagan postulated, and rightly so, “a nation that cannot control its borders is not a nation.”
Immigration reform was not a pressing public concern in America in 1965, yet it was forced upon Americans by Lyndon Johnson’s Great Society and The New York Times. The argument was made upon the basis of egalitarianism:
By 1965 Senator Jacob Javits confidently announced to the Senate during the debate on the immigration bill that '(b)oth the dictates of our consciences as well as the precepts of sociologists tell us that immigration, as it exists in the national origins quota system, is wrong, and without any basis in reason or fact for we know better than to say that one man is better than another because of the color of his skin.' (Cong. Rec., 111, 1965, p. 24469)
“The (old) law was just unbelievable in its clarity of racism," says Stephen Klineberg, a sociologist at Rice University. "It declared that Northern Europeans are a superior subspecies of the white race. The Nordics were superior to the Alpines, who in turn were superior to the Mediterraneans, and all of them were superior to the Jews and the Asians."
William McGowan in August 2008 documented the background and results of "The 1965 Immigration Reforms and The New York Times: Context, Coverage, and Long-Term Consequences,stating that
“a Harris poll released in May 1965 showed that the public strongly opposed easing immigration law by a two-to-one margin (58 percent to 24 percent)… . Myra C. Hacker, Vice President of the New Jersey Coalition of Patriotic Societies, warned of granting entree to ‘an indeterminately enormous number of aliens from underprivileged lands.’ Whatever may be America’s benevolent intent toward many people, Hacker maintained, the (1965) bill ‘fails to give due consideration to the economic needs, the cultural traditions, and the public sentiment of the citizens of the United States.' Hacker also said that the bill had “hidden mathematics' about which the public was not being informed…
“In the Senate, another opponent, Sam Ervin (D-N.C.), said that it was impossible not to discriminate and that it was therefore all right to favor ‘groups who historically had the greatest influence in building the nation.’ To put all the earth’s peoples on the same basis as prospective immigrants to the United States, Ervin argued, ‘was to discriminate against the people who had first settled and shaped the country…”
Nonetheless, said McGowan, “Rallying their forces, the Johnson Administration, joined by Democratic members of Congress, took to Capitol Hill, issuing reassurances that refuted anxiety about future immigrant flows and the countries from which they came. In his opening remarks, newly elected Massachusetts Democratic Senator Ted Kennedy, who had become Senate floor leader on the legislation, chose to speak to what he said were false fears the bill’s opponents were fanning. ‘First, our cities will not be flooded with a million immigrants annually,’ Kennedy said. ‘Under the proposed bill, the present level of immigration remains substantially the same. . . . Secondly, the ethnic mix of this country will not be upset. . . . Contrary to the charges in some quarters, S. 500 will not inundate America with immigrants from any one country or area, or the most populated and economically deprived nations of Africa and Asia.’ Echoing him, his brother Democratic Senator Robert Kennedy of New York estimated an overall increase of ‘at most 50,000 a year.’ ...
“Although the population of Mexico had doubled between 1940 and 1960 and three million Mexicans had come to the United States as temporary workers or braceros, Attorney General Nicholas Katzenbach stated that ‘there is not much pressure to come to the United States from these (third-world) countries.’
“The NY Times editorial page quickly and firmly established racial rectification as its primary theme. Echoing President Lyndon Johnson, it claimed that there was “no piece of legislation [Hart-Celler] before Congress that in terms of decency and equity is more demanding of passage, and thundered: ‘In a time when this country is attempting to wipe away ancient wrongs against its Negro citizens, its conscience will not permit a sign at all ports of entry reading: “Only whites from Northwestern Europe are welcome.”’ …
“The Senate bill passed by an overwhelming majority, a vote of 76 to 18. As historian Otis Graham has written, 'Congress had decisively repudiated the old system for managing immigration, replacing it with what turned out to be an unpredictable and radically new regime.'…
Concluded Gowan: “Years later, surveying the impact of the legislation, journalist Theodore White said the 1965 reforms were ‘noble, revolutionary and one of the most thoughtless of the many acts of the Great Society.’ If that is the case, the Times bears a good share of responsibility for the lack of thought about unintended side-effects, which ramify to this day. And while no subsequent immigration reform debates have generated coverage quite so egregiously one-sided and myopic, since 1965 the Times has failed to report on various immigration debates with needed balance and rigor. Demagogic accusations of nativism continue, as well as an institutional resistance to framing and pursuing vital journalistic questions, demonstrating, on too many occasions,a ‘contempt prior to investigation’ that the 19th century liberal political philosopher Herbert Spencer said ‘is a bar against all information’ and ‘proof against all arguments.’”…
Msising the single moms giving BJ's to survice charts. Also the Pole Dancers Index would be beneficial to see the rate of Strip Clubs in this economy.
That population 0-14 years old demographic chart is total bullshit. There are like 60 million children aged 0-14 in the usa.
Its based on world population, not usa.
edit: okay, that is one stupid chart someone made, but I suppose the usa could have 3.4% of all the 0-14 years in the world and 4+% of the total world's population. Who the fuck pays for this shit?
I believe you are reading the chart wrong.
What the chart says is that in the US, the number of children 0-14 years of age represents 3.5% of the total number of children in the world in that same age bracket.
There are approximately 1.8 billion children in the world aged 0-14. There are approximately 60 million children in the US aged 0-14. 60/1800 ~= 3.5%, which is exactly what the chart is saying.
All stats at geohive.com.
it must be as you say
I have no love for the UN either; but ironically enough, the stats at geohive are sourced from the CIA Factbook.
The CIA, in turn, is funded by Afghan poppies.
This is how the world goes 'round and 'round.
You're right about the number Buzz:
as you say it is roughly 20% of the usa population, or less than 1% of the world's population, or, as the united nations has more time and money to waste than most, possibly 3.4% of all the 0-14 years in the world. good gawd!
Looks like a bunch of fucking mountains to me...
Bring Back The Dark Satanic Mills
It looks like everything that's going down should be going up and vice versa
Thanks Tyler, a recap of the week at a glance is great.
Holy mother of Christ!!!!! The Asian markets are tanking!!!!!!!! Fucking sell whikle there is a market!!!!!
SELL! SELL! SELL!
Asia is bailing and Europe will within hours!!!!
Oh my! Get OUT NOW!
A couple fun facts to consider ..
India & China have more "honor roll" students [defined as Top 10% of class] than USA has kids.
More children in China speak english, than US has kids
More people live in the great Shanghai metro area, than populate the whole of Australia.
U.S. energy boom coming
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