Debt Rattle August 21 2019

 

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    Felix Vallotton On the beach 1899   • How Negative Interest Rates Screw Up the Economy (WS) • Gundlach Says Federal Reserve Has Lost Control (R.)
    [See the full post at: Debt Rattle August 21 2019]

    #49310
    V. Arnold
    Participant

    Felix Vallotton On the beach 1899
    That painting is quite pretty.
    The colors are vibrant and, IMO well chosen. Interesting also works…

    #49311

    Yeah, it’s lovely. Do wonder where the woman in the pink shirt’s left hand is though. And what’s that in the middle? a bag with a red hat on top? Or is it a person, a child perhaps?

    #49312
    Dr. D
    Participant

    “How Negative Interest Rates Screw Up the Economy (WS)”

    Late stage bubble blowing. “There is no means of avoiding the final collapse of a boom brought about by credit expansion.” So none of this matters. Most likely, the world collapses first, and the core currency last. That means all capital worldwide will rush into the U.S. for safety, just like 1929. Dow 40,000 (or 30,000 at least), and US$ far too strong. But hey, it was always going to collapse from the minute you blew the gold standard, and this is how. –Count yourself lucky, since they both planned and in 2016 openly promised WWIII to do this reset instead, thus hiding the true plan and culprit.

    So anyway, his much feared negative rates won’t be long if they get here. We’ll sit down at a Plaza Accord and set relative currency rates, put trade back on a commodity basis, and erase the debt by running that only-reserve-that-is-worthless-and-connected-to-nothing, gold, to $20,000 to get reserves and pay the debt. But that requires something like trade-production parity, which the U.S. can only have if it hires a lot and China gets whacked. Why? Because failing a World War, which they are trying to start every day, that is the only thing that CAN happen. So it will. Mostly.

    “Gundlach Says Federal Reserve Has Lost Control (R.)”

    Yes, so as commanded, their rules require themselves to start the money fire hose. Chop Chop. Now did they lose control because Mnuchin is over in the Treasury rigging every market and price with the quadrillion in leverage from the ESF? Probably. Too bad, suckers. Don’t stress. It’ll all be over soon anyway, as above.

    “Bank Watchdogs Approve Rule to Loosen Ban On Risky Wall Street Trades (Hill)”

    Well golly, how are we going to have an adequately sized financial collapse to cause a world-wide currency reset if we don’t pull out some main beams? You know, like how the original Dodd-Frank, patented by E. Warren, put 100% of the derivatives cost – a trillion? A quadrillion? – right on U.S. savings accounts and taxpayers. Newsflash: we are not paying that. Not to be mean, we’re not paying it because it CANNOT BE PAID. By account holders, OR taxpayers. It will destroy the Fed, or even the U.S. to try. Therefore we, and everyone else, will renegotiate. If we DON’T, however, we will continue on being bled dry as the last 40 years and never recover our health. Or our Bill of Rights.

    “10 Declassified Russia Collusion Revelations Could Rock DC This Fall (Solomon)”

    But the NYT just said they covered this story super well! They won not one but TWO Pulitzer Prizes. Mr. Pulitzer, who started the Spanish-American war on equally fake, completely manufactured fake stories, and as a shill to billionaires for money and power, would be so proud. And yes, they are going to smack all these revelations into the 2020 election.

    “Italian PM Resigns, Denounces Salvini For Sinking Government (R.)”

    Step by step they gain power, and the EU loses and becomes bankrupt and irrelevant.

    “EU Rebuffs Boris Johnson’s Brexit Gambit (R.)”

    They can easily solve this should anyone want to. “See the Irish border? Okay boys, do whatever it is you’re doing now. I’ll be drinking tea.” But they WANT to kill Ireland in order to display their power. Which side? The EU , actually. The UK would be happy to get out of the problem by holding the Status Quo. So again, like Greece, the EU will kill any European, or their economy, at any time, for any reason. Oh, and always blame someone else. With friends like this…

    “China Could Overwhelm US Military In Asia In Hours – Report (CNN)”

    It would take hours? They think pretty highly of themselves. But okay, so if China can always have done this, why haven’t they?

    “US Will Act If Tanker Carrying Iranian Oil Delivers Oil: Pompeo (R.)”

    The U.S., pirates of the high seas, busybodying everybody’s business in every ship, plane or wallet, everywhere on planet earth. Doesn’t it just make you long for a world government where we can have much, much more of this and no escape? Paging the U.N.: piracy going on, illegal war crimes being committed, pick up the white phone, Dr. U.N. Oh wait: we’re their enforcement arm. The Blue hats couldn’t hold and occupy Cleveland. But they can rape and human traffic in Africa! Allies of OxFam.
    May be a theory with Greenland. So recently we heard the big scandal with CIA renditions worldwide, particularly Britain was enthusiastically torturing everyone against all international law. Well, it may be that Denmark was as well, supporting the U.S. actions and particularly flights, which landed where? Greenland. So negotiations go like this: “Hi! Denmark! Long time no see. Hey, I was just looking through this box of classified documents and gosh, wouldn’t you know it, there’s something super embarrassing to most of the endless politicians in Parliament and even to Denmark’s stellar reputation worldwide. But hey, let’s not go crazy or anything, it’s a trifle. Suppose you help us with a thing and we forget all about it, right?” Now is the thing the actual purchase of Greenland (why not?) or is it to hand over the flight-and-base records for the Trump/Military Intel’s arch enemy the CIA in Denmark/Greenland? Or something else? You decide.

    “Canada Election: Parties, Charities Warned Against Climate Change Ads (BBC)”

    What was that Dilbert cartoon? CEO says: “Opinions are treason.” Or as we say here, “When I want your opinion I’ll beat it out of you.” That’s freedom and democracy, you can do exactly what I say, exactly when I say it, and believe only exactly what I tell you to until I change my mind.

    This follows Facebook outlawing ads for “Women for Trump.” ‘Cause, Trump, I guess? And this is not election rigging as outlined Professor Robert Epstein about Google, which rigged 2-8 million votes. No. Not when our side does it. Then when we rig votes it’s peace, love, freedom and democracy. The end alwasy justifies the means. My side right or wrong.

    #49313
    V. Arnold
    Participant

    And what’s that in the middle? a bag with a red hat on top? Or is it a person, a child perhaps?

    Yes a child in a red beret…

    #49314
    John Day
    Participant

    http://www.johndayblog.com/2019/08/about-children.html
    ​Jeffrey Epstein used his tangled web of shell companies as a “brazen and powerful organization” to operate a sex-trafficking ring, according to three new civil lawsuits filed against his $578 million estate.
    ​ ​The new litigation was filed against the estate, its executors and the shell companies themselves, asking for unspecified damages for medical and psychological expenses, trauma, humiliation and other injuries suffered as recently as 2017, according to Bloomberg.
    ​ ​Among the companies named in all three suits are one that owned Epstein’s Manhattan mansion until 2011; his money-management firm, Financial Trust Co.; and HBRK Associates Inc., which allegedly helped arrange travel for Epstein’s accusers between New York and Florida. A Richard Kahn was listed as the registered agent for HBRK in New York state corporate filings in 2008.
    ​ ​Two of the complaints name as a defendant the company that once owned Little St. James, the smaller of Epstein’s private islands in the Caribbean. Little St. James was one of the locations from which Epstein ran a “complex commercial sex trafficking and abuse ring,” according to the lawsuits.
    https://www.zerohedge.com/news/2019-08-21/epstein-used-network-shell-companies-and-associates-sex-trafficking-ring-lawsuits

    ​Travis sends this article from last year, putting forth that children are traded at the highest levels of the dark world of the CIA, for information from “bonafide sources”. This is an alternate global currency, which assures secrecy for all transactions, because all parties are complicit.​
    ​ ​A veteran agent has blown the whistle on the CIA, claiming that they are involved in “running a child trafficking network” in order to provide children to “the elite pedophiles that run the world.”
    ​ ​John Kiriakou was an agent for the CIA for 14 years before he left in 2004. He is also associated with Hollywood, having worked as an advisor in the film and entertainment industry. Speaking at a recent World Beyond War event, the former CIA agent blew the whistle on how the Intelligence Agency provides child sex slaves to powerful oligarchs in both showbiz and politics, including Washington D.C.
    ​ ​According to Kiriakou, the CIA provides these rich and powerful “sources” with a constant stream of “child prostitutes” in exchange for information. These children are usually raped and killed, and likely to be never seen again.

    CIA Agent Says Agency Supplies ‘Elite Pedophiles’ With ‘Child Prostitutes’

    ​Ghislaine Maxwell staged her “recent” appearance at an In And Out Burger​ in LA with a friend as photographer, the friend’s dog as a prop and photoshop manipulation of a background advertising sign, to something that was never on that bus stop. The date is completely in question. The book she had is again unidentified. Her location is unknown. Thanks Helen of DesTroy!
    https://www.dailymail.co.uk/news/article-7372877/Ghislaine-Maxwell-STAGED-photo-N-close-friend-attorney.html
    http://www.helenofdestroy.com/index.php/112-who-killed-jeffrey-epstein#comment-4586094858

    Jihadis in northern Syria are cut off from supplies. Turkish convoy to them is blocked. Syrian army advances in pincer move around M5 highway.
    This morning Turkey sent (vid) a 29 truck convoy with five tanks, two infantry fighting vehicles, ammunition and additional personnel toward the observation post in Morek, south of Khan Shaykhun.
    Before the convoy passed through Maarat al-Numan, 20 kilometers north of Khan Shaykhun, the Russian airforce bombed its path (vid). The leader of Faylq al-Sham, a ‘Syrian rebel’ group controlled by the Turkish intelligence service, was escorting the Turkish army convoy in a technical. He was killed. No Turkish soldiers were harmed. The convoy stopped and will have to return to Turkey. The tanks and the ammunition will not reach the jihadis in Khan Shaykhun.
    https://www.moonofalabama.org/2019/08/syria-army-cuts-off-khan-shaykhun-russia-bombs-turkish-reinforcement.html#more

    Fluoride may be as big as lead. A good study, published in JAMA, after agonizing by editorial staff.
    Can we look at thiomersol in baby vaccines again?
    ​ ​“When we started in this field, we were told that fluoride is safe and effective in pregnancy,” said study co-author Christine Till of York University in Toronto. “But when we looked for the evidence to suggest that it’s safe, we didn’t find any studies done on pregnant women.”
    ​ ​They recruited 512 pregnant women from six Canadian cities and measured their exposure several ways: analyzing the amount of fluoride in their urine; looking at how much tap water and tea they drank; and comparing the fluoride concentration in the community drinking water.
    Then, when the women’s children were 3 or 4, the researchers gave them IQ tests and crunched the numbers to see if they could find any trends.
    ​ ​“We saw an association between prenatal fluoride exposure and lower IQ scores in children,” study author Rivky Green said.
    Specifically, they found a 1 mg per liter increase in concentration of fluoride in urine was associated with a 4.5 point decrease in IQ among boys—though not girls. Another translation: The boys of mothers with the most fluoride in the urine had IQs about 3 points lower than the boys of mothers with the least amount.
    Although critics of the study pointed to the different results by gender as a red flag, when the researchers measured fluoride exposure by examining the women’s fluid intake, they found lower IQs in boys and​ ​girls. A 1 mg increase per day was associated with a 3.7-point IQ deficit among both.
    https://www.thedailybeast.com/fluoridated-water-during-pregnancy-linked-to-lower-iqs-study-published-by-jama-pediatrics-says

    #49315
    VietnamVet
    Participant

    I am with Cassandra. The successful counter revolt in the 1980s was due to Plutocrats losing money due to wage inflation and the oil shock. The elite’s killing unions and outsourced jobs was so successful inequality skyrocketed. With Negative Interest Rates no one with capital will make money. They have to pay to keep their wealth safe. Instead, like the end of the Roman Empire, oligarchs will bury gold in the back of the estate plus buy computer digits that needs electricity to cash. The Western Middle Class is heads over heel in debt. Heads will roll. The human race is the loser.

    #49316
    ezlxa1949
    Participant

    The article by Narváez is astonishing. Note that his ultimate position of First Secretary is an important one, senior office manager, giving him oversight of much of the Embassy’s internal operations. So many lies to refute, so little time. I will keep this article and attempt to pass it on to people who make comments about the evils of Assange. Wish me luck.

    I love the composition of Valloton’s painting, the small central figure anchored by two larger ones, the umbrella providing a visually surprising point of focus. My eyes go back and forth across the tableau: pink – red – yellow – red – pink, set off by the muted tones of sea and sand. I presume the trio is sitting at some height above the waterline. It looks like a calm day, not much wave activity.

    I can’t help contrasting this scene with that of the modern Australian beach in warm or hot weather. Life in those days for both men and women, but more so the latter, seems to have been hot, hot, hot. Fashion kept both sexes heavily clothed, even in summer. I have photos of relatives on summery beaches in the early 1900s, and the only concession they made to the location is for the men to roll their trousers up and the women to sit under big hats or parasols. How they didn’t all die of heat stroke escapes me.

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