Debt Rattle August 15 2019

 

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  • #49213

    Henri Matisse The terrace, St. Tropez 1904   • US Yield Curve Inversion Highlights Recession Fears, Fed Dilemma (R.) • China: Paper Tiger (Jim Ri
    [See the full post at: Debt Rattle August 15 2019]

    #49214
    Dr. D
    Participant

    “US Yield Curve Inversion Highlights Recession Fears, Fed Dilemma (R.)”

    Market trading says the Fed was one Point, or five rate cuts behind the curve. There could be many reasons, but almost certainly a contributor is that the U.S. economy is terrible, only slightly better than the world’s.

    However, the core currency fails last. The U.S. non-markets, which are entirely rigged, can collapse 17,000 points to 10k and still not break the technical charts. That’s a LOT of money to flush into our bond markets as Powell starts (continues, rapidly increases) printing money and handing it out to his rich friends. Like bailing all of Boeing? That would just be an appetizer, and someone can explain to me how, as a major defense contractor, the U.S. would ever NOT bail them out of their reckless idiocy, as a matter of double national security: once for their equipment, and once for their financial domino avalanche.

    Welcome to the monopolistic merger of corporation and state. Abandon all hope, ye who enter here.

    “Trump’s recent imposition of 10% tariffs on the remaining $300 billion”

    They did this when RMB fell below 7 and called them a “currency manipulator”. Want to take odds on that the ESF and PPT did a reverse-raid on China and MADE it fall to that level, since China shoved it right back up in hours? Then we used the raid WE made on China as a premise to re-load the now-empty tariff threat, and by classifying them as a currency manipulator, get another couple hundred billion legally in play to hammer them with. Would we? I would. Why not? All we’re asking is for them to pay intellectual property rights and stop spying in their phones and routers. Is that so hard?

    Of course China has to say, “WE? WE are the currency manipulators??? Why you @#*$^! And after 40 years of your rigging the Dow, oil, and the USD.” Well, that’s the big game, they all are lairs and frauds.

    “Trump Ties China Trade Deal to ‘Humane’ Hong Kong Resolution (R.)”

    Speaking of lies and frauds, I can’t believe that the only way to get Democrats on board is to create a foreign-sponsored CIA color revolution in Hong Kong. Now they are saying “Muh, human rights!” after 50 mass shootings in Chicago and shutting down the 1st, 2nd, 4th, and 5th Amendments at home. Well, whatever works, I guess. We’ll somehow get them to support American Union workers and American prosperity kicking and screaming, tricking them into doing something good despite themselves because apparently they care only about foreigners and non-citizens like Honduras and Hong Kong and not their own citizens. Sigh. Someday they will think of the working man again. Someday. While they’re burning the flag, Hong Kong is flying the American flag and singing the national anthem in love of the freedom we attempt to stand for.

    “…a property manager of an adjacent parcel of land said that Maxwell was living at Borgerson’s residence as recently as two weeks ago…”

    If you’re the secret service, you just tag and follow Jeff’s body and Maxwell’s car and they’ll lead you to all the cheese. You can always pick them up later along with their friends like the non-prison guard who was just there for the night and doesn’t have a name.

    “UK Labour Vows to Bring Down PM Johnson and Delay Brexit (R.)”

    That’s nice, except it was a lot of the Labour districts that strongly voted Leave. That’s why Labour was mock-pretending they didn’t have a position while fully undermining their own base. Now that that’s off, they’re trying to divert it into “Oh no: just a No-Deal Brexit.” Sure pal. Whatever. And you support workers and Democracy by importing a million foreigners and ignoring referendums too.

    “Why is it Bolton who’s talking trade deals?”

    Because he sends maniacs when he wants to make a mess. And he has to have his handlers think they’re still in control, their bois Bolton and Pompeo are running things, or they’d attack him more than now and probably nuke somebody. Unexplained sub launches, incoming scares, and sunken Russian subs anyone? Meanwhile, once he’s gone around them and come to an understanding, written in beautiful paper letters that are not intercepted, he sends in Rand Paul to settle Iran, and Bolton to Mongolia. Ignore what’s said. Talk is cheap.

    “Half of UK Farms Could Fail after No-Deal Brexit – Report (G.)”

    There is zero chance of this happening voluntarily. First, food is getting in shortage worldwide, with snows in Australia and Germany, and second, the farm subsidies to France are legendary. They can of course attack farmers accidentally on purpose, but they could also, as Trump is doing, take the billions saved on one hand, and hold the farmers even on the other. After all, Britain is home of “Butter Mountain”. But then people would live and not die, and who wants that?

    Hey, remember those “expert reports” that the FTSE and Pound would collapse even we even had a vote? And how they were all completely wrong, just as they were with the Dow? It’s the same crooked people cooking these reports, and the same crooked Guardian publishing them next to the RussiaRussiaRussia Skripal Syrian gas WMD ties-to-al-Qaeda safe glyphosate stories, with a byline by Brian Williams, “Live from the moon”. I mean, if after 20 years you haven’t noticed.

    “Gibraltar to Release Iranian Oil Tanker on Thursday (R.)”

    Aw. Britain has given up pirating but not international war crimes against civilians. How sweet.

    #49215
    zerosum
    Participant

    ” …. it’s an overvalued U.S dollar ….”
    Why is everone stupid and taking US dollars for goods that they have produced?

    ” …. 50% of farms in this country unviable….. “

    With no electricity, with no oil, and with the remaining population the remaining farms will be producing an excess of food.

    #49216
    John Day
    Participant

    http://www.johndayblog.com/
    The news this morning turns promptly to the fallback position, more believable, that Jeffrey Epstein was murdered in his cell, and gently hung to dry with some flimsy safety-sheets. (The face of the corpse did look like it was bruised against floor or wall, and it looked like blood in the ear canal, which comes from violence, not self strangulation.) Now, it appears that several bones in the neck were broken, including the hyoid bone, just above the Adam’s apple. That’s a sign of assault, though it could be broken by a traditional drop-hanging execution, which would break the neck by design.
    What i do not see yet, is any evidence that this is the corpse of Jeffrey Epstein.
    His brother identified it as Jeff. Did he smile?
    https://thehill.com/homenews/news/457504-report-epstein-autopsy-finds-several-broken-bones-in-neck-deepens-mystery

    EPSTEIN IS DEAD; LONG LIVE EPSTEIN? Helen of DesTroy

    The possibility exists that Epstein isn’t actually dead. A 4chan post purporting to be from an MCC employee, posted before news of Epstein’s alleged demise was made public, claims the disgraced financier was taken to the jail’s medical unit just hours before his alleged suicide and points to a suspicious van coming and going, undocumented per the prison’s usual procedures, at the same time as his potential route of escape. Comparisons of “Epstein”’s corpse to images of the living Epstein appear to show completely different ears, a unique and difficult-to-fake body part. Others have questioned why there was a photographer on hand to snap photos of the body leaving the prison in the first place and pointed out the article accompanying the photo referred to a “body believed to be Epstein’s.” Epstein’s brother allegedly identified his body, but if there was a plot, he’d be in on it, ready to milk the jail for millions in a wrongful death suit – a possibility Barr seems to be setting in motion by attacking MCC for “failing to adequately secure” their famous charge. The “celebrity pathologist” who observed the autopsy on behalf of Epstein’s lawyers also “helped investigate” the assassinations of JFK and Martin Luther King, Jr. There is no smoking gun, but there is an Epstein-sized plausible-deniability gap to slip through. http://helenofdestroy.com/index.php/112-who-killed-jeffrey-epstein

    I love the painting of Bill in the blue dress. I read about it yesterday, but it is up for show today. I wonder if he posed for it. How playful! 🙂

    #49217
    democritus
    Participant

    Backed by the People’s Vote campaign and written by Dr Séan Rickard, former chief economist of the National Farmers’ Union, the report warns that 50% of farms could go under as the government would prioritise keeping down food prices for consumers ahead of protecting agricultural producers.

    It’s only necessary to read this paragraph which shows it is pro-remain nonsense. How does removing 50% of farms keep food prices down? It doesn’t. It’s nonsense. Why is there pro-remain speculation in a newspaper anyway? Because the Guardian is a pro-remain campaign.

    #49218
    Dr. D
    Participant

    Speaking of bailing our Boeing and all-good-friends-of-mine:

    “Markopolos: GE Is “Bankruptcy Waiting To Happen”

    Both a major arms contractor and a major financial player, though less than before. What a coincidence. That financial vest strapped on and showing it to the taxpayers. “One wrong move and your wallet gets it. Right after the Constitution.”

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