Debt Rattle September 20 2019

 

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  • #49980

    Marc Chagall The Feast of the Tabernacles 1916   • Interest Rate Derivatives Trading Explodes to $6.5 Trillion/Day • OECD Slashes Global Growth O
    [See the full post at: Debt Rattle September 20 2019]

    #49981
    V. Arnold
    Participant

    Interesting choice of art today; The Feast of the Tabernacles , Marc Chagall.
    The painting? Wonderful. The feast? I’m not sure…

    #49982

    Life was a tad less complicated 100 years ago, VA, is what the painting tells me. And Chagall’s an undisputed master at depicting it.

    #49983
    V. Arnold
    Participant

    Life was a tad less complicated 100 years ago, VA, is what the painting tells me.

    Yes, I’m old enough to remember that is true…

    #49984
    ezlxa1949
    Participant

    Let’s see… Ryanair have 4,200 pilots. So if O’Leary sacks 700 of them and gets €100 million bonus, then if he sacks all of them, his bonus should be €600 million. That’s how it works, isn’t it? The more employees eliminated, the greater the CEO bonus? Or is there a flaw in my logic? Surely not.

    Hey, why not get rid of ALL flight crew? If drones can traverse thousands of kilometres of inhospitable Saudi terrain and land with pin-point precision upon tiny, spherical, apparently empty gas tanks, then why can’t Ryanair fly their SLC (self-loading cargo = passengers) in drones too, travelling from great big well-located airports to other great big, well-located airports? Who needs human employees? For that matter, who needs human passengers?

    Golly gosh, what a brave new world has just opened up! Robots serving robots for robotic ends! I can hardly wait to enter it!

    #49985
    zerosum
    Participant

    In case you missed it
    A few word can encapsulate ….. what is really important ….. especially for the special knowledgeable readers of TAE who can fill in the blanks with their knowledge and imagination and come up with a realistic, possible, probable outcome.

    from yesterday’s comment.

    VietnamVet

    The 737 Max, Purdue Pharma and Houthis revenge attack show that the Emperor has no clothes. Indeed, in fact, with the UK self-destructing, there is no Empire. Israel and Saudi Arabia must learn to live with their neighbors or they will vanish in the convulsions of the end of civilization that they initiated. Likewise, to survive climate change, the USA must convert the wealth that it spends on warfare to protecting mankind and the environment; if not, it will cease to exist.

    #49986
    Dr. D
    Participant

    Edging Closer to a Brexit Deal (Might Even Be a Fair One)

    What Happened?
    1. The EU now realizes Boris Johnson really wants a deal. Johnson may have been forced into that position by Parliament but that is the state of affairs.
    2. Boris Johnson, DUP, and Ireland are coming to terms on how to remove the backstop.
    3. The EU realizes the losses will not most be on the UK. Germany is outright scared as I stated from the beginning.
    4. The EU understands the Liberal Democrats will not win the election.
    5. The EU realizes that Boris Johnson is likely to win an election and the result will be No Deal unless it happens now.
    6. Labour’s position of promising a referendum with a pledge to campaign against it makes no sense to the EU (or any reasonable person).
    etc
    https://moneymaven.io/mishtalk/economics/edging-closer-to-a-brexit-deal-might-even-be-a-fair-one-6HRkSQ66K0-mAzwSrJZUJw/

    But I thought we HAD to surrender to any one, any time, any where! No one on this small blue planet could figure out how to review shipping from France except using 48 hours, in-lane in the middle of the Chunnel. Ireland had to be ceded to Europe just to get a coffee-klatch.

    Well how about that. It was all made up to create totally fake political hay after all. Politicians were lying! We can solve it if we want to.

    “Interest Rate Derivatives Trading Explodes to $6.5 Trillion/Day”

    And interest rates AND oil prices are in-the-money. When you hear derivatives think: “Unbacked insurance payouts.” Hey, if you don’t need reserves to write insurance policies anymore, why do we even HAVE an insurance industry? Just let Nigel’s Chip Shop write your $1 Quadrillion side-bets on oil-n-stuff. Oh wait: because they’ll go bankrupt, not pay, and take down the entire economy, because if you don’t have reserves it is selling NOT INSURANCE, it’s selling LIES. THAT’S why insurance was a very-highly-regulated industry for 200 years. I forgot.

    But if you’re TRYING to take down the entire economy and thereby replace all the present economy’s lord-and-masters and replace them with non-bloodthirsty non-maniacs, then yes, you WANT the Greenspan’s tower-of-infinite-derivatives and the more the merrier.

    “But while [Legarde] tried to urge action during her time at the IMF”

    Hardee har har. I’m sorry, but was she in control of that organization at the time? And did that organization reform not even a tiny bit? And so she, according to herself, is therefore a complete white-hot failure at her own moral standards and agenda? Yeah. Or rather, a complete, white-hot liar, as you must be to get inside the door of the IMF, the International Mafia Extortion Force.
    But the article is breathless about her one success: she is indeed a woman. But Legarde isn’t responsible for this, her only win – her father is. But wait? I thought there weren’t genders anymore? Or if there are, it doesn’t matter which one? Except when it does, but it doesn’t, but it does a lot, except it doesn’t. Roger-dodger AFP, loud and clear.

    Science!

    “How the Houthis Overturned the Chessboard (Escobar)”

    This is very interesting, and I expect totally true. As I’ve said, there sure are a lot of coal-fired dreadnaughts in U.S carrier fleets worldwide, and they might want to turn them back to port and melt them into coffee cans while they still can. However, there sure are a lot of lies surrounding this attack everyone on earth wanted except Iran. I wouldn’t give a nickel anything happened the way they claim. Most probably Yemen did smuggle in the attack and Saudi shut off every air defense to make sure it hit good and hard, because their claim is NOT EVEN ONE anti-missile fired. So “Go United States”? We’re #1??? And the damage was repaired by Friday because there was nothing flammable on the whole site. Of a refinery. Where they hit the natural gas tanks. Uh-huh.

    Let’s go a different direction though: kind of cripples the gun-control argument in the U.S., doesn’t it? If there are 500 better ways to make mischief than the AR, which are the cause of virtually no deaths. There is essentially a mass shooting in Baltimore and Chicago every weekend of the year under a near-total gun ban, and 99% of those crimes are with (stolen) handguns, with only 10% of those even prosecuted. Fighting the AR is like making your public health initiative against lightning strikes: laughable on its face, and trying it only makes you look stupid and dishonest. But think about that when any $100 drone flown by anyone in Ferguson can make quite a hazard to any police station if they want to. …But they always could, really.

    …Conclusion: they don’t want to, because apart from our political leaders, most people are good. Don’t make them all criminals; you won’t like what happens next.

    “Biodiversity Touches Every Aspect of Our Lives (G.)”

    I agree! What The Guardian needs to do is burn down their King’s Cross headquarters and plant a good British hedgerow. Green Spaces! We’ll start fixing this today!

    Oh wait: you want those OTHER people in Flint and Detroit and Blackpool to lose THEIR homes instead, turn back into forests and live homeless in a tent? Yeah, I know. I watch what you do to them every day, as well as what you say.

    Dias of The Intercept can do the same thing. Perhaps he’d like to de-colonize Wales and return the people to their “native” environment of Welshmen, the smoky “tyddyn” or “Longhouse” occupied by both men and cattle. Oh wait, the people of the Brazil WANT farms and fields and air conditioning and cars? So are they colonizing themselves here, or what? When I mow my own lawn am I “colonizing” my own family? How oppressive of me.

    To be fair, I am just highlighting how pejorative the framing is, but it is indeed very complicated, with people and perspectives pushing and pulling on every possible side. It is therefore not fair to claim the conservators and nativists have rights, but the progressors and modernists do not. Nor are all progressors from Rio and all nativists from the Amazon — indeed Dias shows that far MORE ‘nativists’ are from London and other large cities than you may find in Montana or Peru. Perhaps like the Shakers or the Amish they could take the best of both worlds and be better for it.

    It doesn’t have to be either-or, and if it is, I think you’ll lose.

    #49987
    zerosum
    Participant

    Russia, Russian are feeding you lies during every election primaries.
    Don’t be manipulated.
    Believe only the candidates.

    Everyone else is telling you lies, missinformation, fake news.

    Vote accordingly.

    Don’t read, believe anything that is on the web.

    #49988

    In his umpteenth article on the topic, Mish is led by his opinion more than ever, and much more than by what he sees happen; though he won’t see the difference anymore. I wonder why all these articles, since he’s no more British than I am and therefore our opinions don’t matter.

    Sure, you can claim “Boris won”, but it’s still an empty claim, and you can dislike the EU, but that doesn’t make Boris win. At this point no matter how this turns out, I think Mish will claim he was right.

    His first 3 points are useless and hollow mere assumptions, no. 4 is obvious to anyone, no. 5 is a maybe at best, and no. 6 radically oversimplifies the position Corbyn has taken (Mish doesn’t like Corbyn, he’s a dangerous commie).

    It’s disappointing.

    #49989
    seychelles
    Participant

    Gantz stressed that his Blue and White alliance “will listen to everyone, but we will not accept mandates imposed on us”

    We have the exclusive privilege of imposing “mandates” on others; don’t be so silly to suggest we will accept mandates imposed on US. We want muticulturalism for the world, except for US only a brutal racist policy of apartheid is acceptable. Hypocritical situational ethics (no ethics) is a cornerstone of the Zioglobalist “way”.

    #49990
    seychelles
    Participant

    The “growth is good” idea won’t die unless it’s murdered.

    It doesn’t need to be murdered, it’s committing suicide (but unfortunately it may be a slow death).

    #50000
    seychelles
    Participant

    machine guns, grenades, and dynamite …. The National Truth Commission estimates that at least 8,350 Indigenous people were killed by the military government.

    It would be interesting to know the current increase in death rate among these isolated indigenous tribes due to epidemics. Are they just killing them off with gunpowder sooner they can be killed off “naturally”?

    #50001
    seychelles
    Participant

    Mish is led by his opinion more than ever…
    Make that entrained opinion. Couldn’t agree with you more.

    What If This is as Good as It Gets?
    All you can reasonably ask of a human being is that he is self-critically aware of his own strengths and weaknesses, attempts to see externalities truthfully, and tries to navigate an optimum balanced loving path between the two while attempting to “make a nice day” in the shadow of our existential angst.

    #50007
    zerosum
    Participant

    We, at TAE, are all connected.

    How many of us were “connected” and then prepared to join with our local organizations, the millions of demonstrators around the world, re.: climate change?

    Zero! One! Two?

    Were we all ignored by all the organizers?

    #50008
    zerosum
    Participant

    The USA has just announced that it is sending troops to help protect the Saudi oil infrastructures from attacks.
    The USA is asking for other countries to also help.

    Calling China. Calling Russia. Its time to volunteer. 🙂

    #50009
    boscohorowitz
    Participant

    The way I understand it, USA has to keep Saudi oil yoked to petrodollars lest it lose its foreign reserve status. Without those oil sales, inflation of the US dollar begins awful fast.

    So, occupying Saudi Arabia while continuing global unrest in oil regions to drive prices up, will forestall a rapid run on US $s. Higher energy prices will hammer our economy big time, but that paper tiger hot-air balloon is poised to pop regardless.

    If USA attacks Iran, it will be in order to wreak just enough mayhem to shut down the Gulf.

    Somewhere amid all these false flag/ambiguously flagged operations, someone’s likely to get real and do something serious under their own name? In a way that no one can dispute who the acting agency is?

    And there’s wee Israel, working overtime to get its Armageddon on. Don’t they know that’s a Xtian thing? Meanwhile, Mohammed is growing increasingly pissed at all these Izzymericans brewing war in Islam and blaming it on Koranic culture.

    Sorry. I forgot what little HTML I never knew, so you’ll have to cut’n’past to hear Mose make much spendid sense.

    #50010
    boscohorowitz
    Participant

    Well, hush my mouf! The robots did it for me!

    #50011
    boscohorowitz
    Participant

    P.S. I am intrigued by what might happen with Epstein dead and Bibi knocked out. Seems to me that the Zionist global manipulation era is commencing its wind-down.

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