Debt Rattle August 19 2018

 

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  • #42431

    Pablo Picasso Portrait of Ambroise Vollard 1910   • Anatomy of a Crisis: A Strong Dollar and Disappearing Liquidity (Palisade) • Speculators Will
    [See the full post at: Debt Rattle August 19 2018]

    #42439
    V. Arnold
    Participant

    Sorry; I just can’t rise to the rolling catastrophes; I’m somewhat underwhelmed.
    The crash is coming soon, inevitable, immenent, just around the corner, just over he horizon, unavoidable, horrible beyond imagining, the end of financials as we know them, shadows of 1929, and on and on and on…
    It’s amazing how many make a living doing this shit; and it is excrement!
    Disaster reportage dujour; now in your area.
    Don’t miss an issue; guaranteed to excite and titillate…

    #42440
    zerosum
    Participant

    re.: war
    1. Cyprus,
    http://demonocracy.info/infographics/eu/cyprus_crisis/cyprus_crisis.html

    2. Venezuela
    By Kejal Vyas and Maolis Castro
    August 18, 2018

    CARACAS, Venezuela—Businesses closed, banks struggled with transactions and people scrambled to find fuel Saturday, signs of panicked and skeptical reactions to government measures aimed at stabilizing a faltering economy.

    3. Turkey
    • Erdogan Says US Has Launched ‘Attempted Economic Coup’ (Ind.)

    As the two countries have clashed, the lira’s value has plummeted: it has now dropped 38 per cent against the dollar since the beginning of the year.

    4. Canada

    https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=CAD

    US Dollar
    1 USD = 1.30616 CAD
    ↔Canadian Dollar
    1 CAD = 0.765602 USD

    The CAD $ should be worth 30% more than the US$
    Canada has the assets that are being stolen with worthless US$

    #42441
    zerosum
    Participant

    Not everything is rosy in Canada
    https://www.msn.com/en-ca/money/homeandproperty/dollar1k-per-month-to-rent-a-tent-in-a-vancouver-backyard-how-about-20-roommates/ar-BBM5R4K?ocid=spartanntp

    Would you pay $1,000 a month for a room in a house with 20 other tenants?
    How about to sleep in a tent in the backyard?

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