Debt Rattle January 21 2016

 

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  • #26301

    Harris&Ewing Goodyear Blimp at Washington Air Post ,DC 1938 • Global Shareholders Have $27 Trillion Locked in Bear Markets (BBG) • US Futures Drop Wit
    [See the full post at: Debt Rattle January 21 2016]

    #26302
    rapier
    Participant

    Update on Izvestia’s, oops I mean the NY Times, coverage of the markets fall. So far this year it has said almost nothing. So yesterday evening they chimed not with a solid new story but a little almost blog post that appears under the title ‘Update’.

    The gist of the story is they have no clue why markets are falling. There is no facts that can explain it they say. It’s just a puzzle. They go on for a few hundred words saying it can’t be made sense of because it makes no sense. They do allow that perhaps it’s just herd behavior, “the moves in market prices reflect more the psychology of money managers than fundamental information about the state of the global economy” they opine.

    Behind paywall so this may or may not work for you.

    #26303
    jal
    Participant

    Stay legal …. Bend the rules … Change the rules

    Survival of the ? the richest

    #26304
    V. Arnold
    Participant

    Healthcare in the U.S. starts with an adequate, healthy, diet. But you fucker’s are too bloody stupid to act…

    #26305
    Dr. Diablo
    Participant

    Calling on my post a few days ago:

    “Why Pegs to the US$ Will Break
    The higher the US$ rises, the more deflation will be exported to economies that are out of sync with the USA….Consequently, we will see virtually EVERY currency pegged to the dollar break from Hong Kong to the Middle East.” -Martin Armstrong

    Archives

    They break the peg just like they went off gold in 1930s to escape. So how does the US get off the US$? One might say “they can’t”, but they can default or create an internal/external currency system. They’re going to default anyway, and everybody knows it because what they owe can’t be paid and they never intended to pay it. They intended from 1971 to soak the world by excessive issuance until somebody made them stop. Their own Fed white papers from back then show it.

    #26307
    Greenpa
    Participant

    Rapier – I saw that NYT article and had to take a look- such fascinating circumlocutions. Astrology professors explaining why their predictions didn’t work out.

    The paywall – don’t tell anyone I told you but- any click on any article that originates from a Google search – is allowed behind the paywall. Just Google the article title: “how-to-make-sense-of-plummeting-global-markets” – by copying it out of the blocked URL – when it shows up in Google search; click on their link. Voila. (but shhh, it’s a secret)

    #26308
    jal
    Participant

    205 LITRE/45 GALLON STEEL DRUM/BARREL/CONTAINER FOR … Price: £ 30.99 FREE UK delivery. ( about $44.00. US )

    Drum roll …….
    A barrel of oii. …. Cost less than $30.00
    Duh … This does not compute

    #26309
    Nassim
    Participant

    No problem reading the NYT in Australia. Not much point though as the local papers pay to copy them – can’t think for themselves.

    #26310
    Nassim
    Participant

    The absurdity of blaming Putin for the death of Litvinenko is on display here in an Australian newspaper.

    “Vladimir Putin ‘probably’ ordered KGB defector Alexander Litvinenko’s death by radioactive poisoning: inquiry”

    https://www.theage.com.au/world/vladimir-putin-probably-ordered-kgb-defector-alexander-litvinenkos-death-inquiry-20160121-gmba0w.html

    And here is a much more plausible explanation:

    “Litvinenko – What Really Happened?”

    https://fortruss.blogspot.com.au/2016/01/litvinenko-what-really-happened.html

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