Debt Rattle January 19 2016

 

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  • #26264

    Ann Rosener Reconditioning spark plugs, Melrose Park Buick plant, Chicago 1942 • China GDP at 25-Year Low, Long Slog Increases the Pain (WSJ) • China
    [See the full post at: Debt Rattle January 19 2016]

    #26273
    Nassim
    Participant

    A very interesting article about how the internet was used to get the “refugees” to move to Europe and about how the gropings/rapes over the New Year were organised. Unfortunately, it is in French – an English translation usually appears after a few days:

    “Qui veut la peau d’Angela Merkel ?” (“Who wants Merkel’s Hide?”)

    https://www.voltairenet.org/article189999.html

    In sum, most of the IP addresses used for propagating the message(s) came from the West Coast of the USA. The writer believes it to be a “punishment” for Merkel trying to keep Europe somewhat independent.

    #26274
    Nassim
    Participant

    Sorry guys, I just found the English version.

    “Who is hunting Angela Merkel?”

    https://www.voltairenet.org/article189972.html

    #26291
    Greenpa
    Participant

    “if doomsday scenarios of $20 or even $10 oil play out” –

    Is there any way to calculate the “actual value” of a barrel of oil? Tricky, for sure; but does anyone try?

    It smells to me like the current race to the bottom in oil prices has no visible bottom- all the market forces are forcing it lower- all the producers are desperate for ANY cash flow now, and are already selling below their cost of production in many if not most cases.

    Somewhere down there; doesn’t there have to be a price where production collapses to the point where buyers, who need to power their lawn mowers, will actually go out and look for oil to buy- where is that price? $10 doesn’t look at all unlikely, today.

    #26292
    Greenpa
    Participant

    “Abe is a madman” – oh, if only. No, he is an utterly cold-blooded mother-country-raper; and highly skilled cut-throat politician. He knows exactly what he is doing, and has Japan’s political system dancing entirely to his tune, which is blatantly “steal from the poor, and give to the rich”. I don’t see his power ending in the foreseeable future; he has illustrated repeatedly that simple, consistent public relations lies will trump any attempt at revealing statistics based in reality. “We create reality” – is truer for him than for the Bush folk; Japan’s monolithic society makes it just a bit easier to keep the lies effective.

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