Debt Rattle August 21 2018

 

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  • #42472

    Henri Matisse The painter and his model 1916-17   • China’s Biggest Risk May Be Its Property Market – Not The Trade War (CNBC) • Why Do American
    [See the full post at: Debt Rattle August 21 2018]

    #42473
    V. Arnold
    Participant

    The British foreign secretary, Jeremy Hunt, is to urge Donald Trump to face down Moscow’s threat to western values by imposing wider economic sanctions against Russia and agreeing new rules to protect the legitimacy of democratic elections.

    I laughed; the hubris (western values???) in that is expected, but always with a bit of a surprise.
    Where are the adults?
    And if Hunt is an example of adult behavior; we’re in far worse trouble than most can imagine.
    It would indeed be ironic if Trump, after all, is the adult in the government.

    #42474
    V. Arnold
    Participant

    CJ is on it!
    Well you’re in luck, bucko!. I happen to have compiled right here a list of six simple steps that our compassionate government and fearless media can take to rid America of these looney toon paranoid conspiracy theorists once and for all:
    1. Stop fucking lying all the time.
    2. Try some actual fucking government transparency.
    3. Stop fucking killing people.
    4. Stop promoting fucking conspiracy theories.
    5. Stop being such fucking assholes.
    6. Maybe try some fucking democracy for once.
    https://www.zerohedge.com/news/2018-08-20/johnstone-how-get-rid-paranoid-conspiracy-theorists

    Hilarious. But, I don’t agree with #6 though. Try some compassionate socialism…

    #42476
    V. Arnold
    Participant

    Henri Matisse The painter and his model 1916-17
    An interesting painting; the juxtaposition of the subject and artist is quit clever.
    A nude Matisse and a fully clothed female model.
    It works for me…

    #42479
    Dr. D
    Participant

    Hunt is the definition of hubris. So he’s going to tell Trump what he must do down to the smallest detail, because Trump is always so obedient and accomodating? Or because otherwise MI6 will throw the next election with a Steele dossier part deux? Amazing. And that’s aside from his demands being a list of lies and half-truths Johnstone would be happy to address with colorful language.

    In the byline of every article on student loans, every day, anywhere in America, should be this: “Article 1, Section 8, Clause 4 authorizes Congress to enact “uniform Laws on the subject of Bankruptcies throughout the United States.” That is, due to terrible former abuses and the unexpected advantages of allowing people a fresh start, bankruptcy is a required legal outlet. That is to say, you MUST be allowed to go bankrupt. …At least until Clinton took a ton of cash from Wall Street and made student loans undischargable. I wish it weren’t Clinton as it sounds partisan, but it was, and here we are, with a generation of citizens now serfs, or the modern equivalent, lifelong indentured servitude. To whom? Essentially to the banks. Neocon Neoliberal Neofeudalism at its finest. Not dissuaded by the appalling abuse and the savage deficit of jobs, as opposed to becoming a plumber college-free, they’re still signing up by the millions to get it good and hard. What can I say? Tables have turned, now the dumbest are in college getting dumber, and the smart ones are outside. The Wheel of Fate turning ever-slowly.

    #42480
    zerosum
    Participant

    People who comment here are different than the people who leave comments at Zero Hedge.

    #42481
    John Day
    Participant

    @zerosum
    I leave comments on ZH sometimes, too, like on this article. Look for same Daibutsu “avatar”.
    Today’s story on how it’s-gonna’-be-gold-again-and-already-started looks at the 7 years of gold bull market prior to 2008 and the 7 years of gold bear market leading up to… now, and how the drop in “gold” priced in dollars then, due to dollar debts being called-in, won’t happen next-time. I will point out that last Tuesday (announced Friday evening) the positions in gold markets were net-short. The first time that happened, noted here, was “Browns Bottom Backwardation” in 2000.
    I really think that the remaining gold shorts are in for brown backwardation in their shorts this time. China won’t unpeg the Yuan, or let market parasites manipulate their currency.
    https://www.zerohedge.com/news/2018-08-20/next-crisis-gold-wont-drop-2008-report-19-august-2018#comment-12227460

    #42482
    John Day
    Participant

    Oh, I found that obscure little Zero Hedge site in spring 2008 from links on The Automatic Earth.

    #42485

    No kidding, and that is funny, John Day.

    As per Caitlin, I get why she would want to cash in on her newly found fame, and the Twitter ban and ‘storm’ after that, but I would never use the word ‘fucking’ once in every ten words, though I see why someone would, and I know how New York talks, simply because it takes away from what you want to say to anyone not prone to that use of the word. But yeah, I get why people would do it.

    #42486
    zerosum
    Participant

    I enjoy all kinds of insights. Here is an interesting blog.
    https://cluborlov.blogspot.com/2018/08/the-suicidal-empire.html#more
    The Suicidal Empire

    All empires follow a certain trajectory. Over time they become corrupt, decadent and enfeebled, and then they collapse.

    #42489
    V. Arnold
    Participant

    zerosum
    I stopped reading Orlov after he went behind a pay wall.
    I’m willing to support a good blog, as I can, being on a very modest fixed income.
    But, I’ll not be forced to subscribe; that I will not do.

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