Debt Rattle July 29 2015
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DPC Near Lewiston, Minnesota – The Pulpit. 1899 • Varoufakis Faces Criminal Prosecution Over ‘Plan B’ Currency Plot (Telegraph) • Greek Supreme Court
[See the full post at: Debt Rattle July 29 2015]So “Any hope of a fresh start” now depends on Varoufakis not having a blog? Wow, Reuters. If so, I guess that would be news.
“Opinions are treason.” https://dilbert.com/strip/2007-06-12
“Fed Rate Hike Would ‘Crush’ US Housing” (CNBC)
Nonsense! Real Estate lending is now concentrated among GSE’s. And GSE’s can set their own specific interest rates and incentives. Hell, they could even offer loan to equity ratios of 200% if they want to.
Moral Hazard has destroyed it all. But for sure, owning any physical asset will turn out a better bet than holding ever depreciating Bennie Bucks.
Especially in a regime that offers a choice between a Megalomaniacal Narcissist Real Estate Developer, a Corporatist/Statist Warmongering Mad Woman and a Utopian Dreaming Throwback from the Silly Sixties, Hippie. We’re doomed, I tells ya!
Only 4 white rhinos left? Wow. I would bet you could get $1m each to shoot the females with a bazooka and maybe $10m for the male if he went first.
Oh, c’mob; Life Continues.
https://www.bbc.com/culture/story/20150730-ten-films-to-watch-in-august
And the popcorn is buttered with baby orangutan fat, like always. Get real!
Here is exactly the kind of thing that can mushroom, based on rumor and a little reality; into huge and spreading- and economy killing – catastrophe. Like; tonight.
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