Debt Rattle July 27 2018


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    Pablo Picasso The three dancers 1925   • The Mirage That Will Be Q2-GDP (Roberts) • Household Debt In UK ‘Worse Than At Any Time On Record’ (G.)
    [See the full post at: Debt Rattle July 27 2018]

    V. Arnold

    Don’t worry, we’ll get to that yet.
    • Only 13% Of World’s Oceans Are Still Untouched Wilderness (Ind.)

    Reminds me of Earth First’s motto; “Earth first! (we’ll log the other planets later)”
    Friends and I did some overnighter’s, on a number of occasions, in Oregon’s old growth forests back in the day.


    I wondered when Facebook lost 20%+ what the rest of the techs were going to do. Well, Twitter is down 15% already pre-market. Question is: is this a tech crash or a market crash? Note: the FAANGS were responsible for over half of all growth in the market.

    V. Arnold

    Raúl Ilargi Meijer

    I don’t know. The whole thing should have crashed years ago. It (the market) appears to defy gravity. 😉
    But, I’ve got my buttered popcorn and some excellent Thai rum.
    The finale’ should be spectacular, no?


    I’m embarrassed that people are being subjected to such propaganda.

    Watch Live: Trump Takes Victory Lap On “Great GDP Numbers”


    … Remember that GDP is C + G + I + (net) Ex
    In other words, Consumption + Government Spend + Investment + net Exports (Exports – Imports) = GDP.
    All unbacked borrowing by government is, of course, part of “G”<…/em>

    Print money and it will increase GDP

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