Debt Rattle August 24 2018

 

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  • #42539

    Vincent van Gogh Café, le soir, Arles 1888   • Thoughts On The ‘Longest Bull Market Ever’ (Black) • New Reality of China’s Failing Economy Is Com
    [See the full post at: Debt Rattle August 24 2018]

    #42540
    V. Arnold
    Participant

    Love the van Gogh. Especially the stars and the cobble stones…

    Thoughts On The ‘Longest Bull Market Ever’ (Black)

    Closest description of casino gamblers I’ve ever heard.
    Well, when this ship crashes it’ll be a doozy, ya sure, you betcha…

    #42541
    V. Arnold
    Participant

    Monsanto, Philip-Morris, and Exxon; just a few companies of many times many, that lied and cheated their way to vast wealth, which = power.
    In the end, we’ll all reap that which we sowed.
    None of us will escape alive; kharma will be how we face our deaths…
    After the game, the king and pawn go into the same box.” — Italian Proverb

    #42542

    Love the van Gogh. Especially the stars and the cobble stones…

    Yes, But the yellow of the wall and the sunshade reflecting the gas(?) light makes it. It’s that same light that’s reflected in the cobblestones too, and gives them their pitch black shade. Van Gogh didn’t paint the colors you see, but the ones you feel. He was a pioneer in this. Like Rembrandt was in not painting an exact object, because he realized that when you’re 6+ feet away from something, you don’t see the details, but you see what your limited eyes allow you to see. When you get up close to a piece of jewelry in one of his works, which reflects light, all he’s painted are smudges of bright. Stand at a distance, and you could swear it’s a pearl. The master understood this. Nobody ever had.

    #42543
    V. Arnold
    Participant

    Yes, But the yellow of the wall and the sunshade reflecting the gas(?) light makes it.

    I did see that, but I thought it too obvious; thus what I wrote.
    Yours is very interesting and another pov, of which I do not disagree…

    #42544
    V. Arnold
    Participant

    I just talked to my good friend living in Istanbul; dire tidings for the Lira.
    She said they no longer buy olive oil for cooking, because it’s too expensive; sun flower oil is cheaper, so that’s what they’re using for cooking.
    Olive oil is reserved for salads.
    The average Turk is suffering this devaluation deeply.

    #42545
    V. Arnold
    Participant

    Addendum: Pui (my friend in Istanbul) has to send ฿12,000 to her mother for a car payment here in Thailand each month. The same Lira that used to buy ฿12,000 now only buys ฿7,000; ouch!
    Numbers always clarify reality. Anyhoo, thought that might be interesting and illustrative of the reality on the ground in Turkey.

    #42546
    zerosum
    Participant

    “..a full SIXTY PERCENT of corporate debt issued by companies in the Russell 2000 is rated as JUNK..
    …. the US stock market has been generally rising for nearly a decade straight… or even more specifically, that the market has gone 3,453 days without a 20% correction. …”

    Governments print money.
    Banks print money
    Everyone is disregarding all possible negative outcome.

    Yesterday is gone.
    We cannot go back to the way it was.

    #42547
    Diogenes Shrugged
    Participant

    #42548
    Doc Robinson
    Participant

    I’m late to Van Gogh’s party tonight, but despite the magical colors, it looks like a rather staid assemblage of people. Maybe that’s his point? The portrayal of the twinkling stars and the blue nighttime sky made me realize that the magic comes from what’s essentially a “long exposure”, letting in more light (and color and reflection) than we typically notice. (At least, that’s my off-the-cuff, untrained reaction.)

    Thanks for posting it, Ilargi, much appreciated.

    #42549
    V. Arnold
    Participant

    Doc Robinson

    (At least, that’s my off-the-cuff, untrained reaction.)

    I’d much rather hear from the “untrained”; they tend to see with more honesty.
    After all; it’s the eye of the beholder…
    I’m not “trained” either, but love art; all of it…

    #42554
    Doc Robinson
    Participant

    V. Arnold,

    Yes, I agree that training tends to be overrated. The best training I ever received wasn’t about art, but it applies to just about anything in life (including art, politics…), and can be summarized in two words: pay attention.

    #42558
    V. Arnold
    Participant

    Doc Robinson

    Indeed.

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