Debt Rattle November 21 2015

 

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  • #25054

    Frances Benjamin Johnston Courtyard, 620-621 Gov. Nicholls Street, New Orleans 1937 • Total US Household Debt Hits $12.1 Trillion As Subprime Auto Len
    [See the full post at: Debt Rattle November 21 2015]

    #25073
    Ken Barrows
    Participant

    This “efficient drilling” meme makes my head spin. Unless North Dakota is much worse than the rest of N. America, you have at least hundreds of millions of dollars of new investment over the last year for lower production. That’s efficient? I guess as long as who needs to get paid, gets paid.

    #25116
    Raleigh
    Participant

    Ilargi: “Angela better stop the ugly side of Germany from rising from its ashes.”

    From a Tale of Two Cities: “Crush humanity out of shape once more, under similar hammers, and it will twist itself into the same tortured forms. Sow the same seed of rapacious license and oppression over again, and it will surely yield the same fruit according to its kind.”

    Last time Germany got screwed from the outside and she reacted. This time she is getting screwed from the inside by the maniacal Merkel. The pea-brained, clueless left is afraid that the far right will react. Well, when you “sow the same seed,” don’t be surprised. When someone tries to “dump” on people from on high and then tell them to “suck it up,” things have an ugly way of unwinding. (Not unlike the coming unwinding of the debt. When you wind it up too high and too tight, it unwinds in an ugly fashion.)

    Do I believe that all of a sudden Merkel received a heart in the mail and found God? No, but I believe she received orders from her handlers on what to do, and was probably told to find God quickly. So she blindly follows orders (like the German elite did in the last fiasco), the newspapers print the narrative that “we are kind and good, we welcome the refugees”, TV commentators further spew the narrative, and then, when online commenters question the narrative, Merkel asks Zuckerberg to help her out:

    “German Chancellor Angela Merkel confronted Facebook Inc. Chief Executive Officer Mark Zuckerberg on how his company is progressing in efforts to curtail racist posts, after her government complained the social network wasn’t doing enough to crack down on recent xenophobic outbursts.

    Attending a luncheon on the sidelines of a United Nations development summit in New York on Saturday, Merkel and Zuckerberg were overheard on a live transmission broadcast on the UN website as participants took their seats.

    After Merkel briefly queried Zuckerberg about the hate-post affair, the Facebook CEO is heard responding that “we need to do some work” on the issue.
    “Are you working on this?” Merkel asked in English. “Yeah,” Zuckerberg responded, before the dialog was cut off by introductory remarks to those present.

    Earlier this month, Facebook said it would step up efforts to target racist content on its German website. The company said Sept. 14 it would join forces with a German Internet watchdog, a non-profit group called Voluntary Self-Monitoring of Multimedia Service Providers, to monitor suspected hate postings.”

    https://www.bloomberg.com/news/articles/2015-09-26/merkel-confronts-facebook-s-zuckerberg-over-policing-hate-posts

    Gearoid O’Colmain, political author, calls the refugee crisis a “coercive engineered migration because it could have easily been prevented”. Of course it could have been, but the dupes on the left have aided Merkel’s handlers and Europe now has a real problem. And then they’ll stand back in shock and horror when there is push-back. You just can’t make this crap up!

    Incidentally, people should watch out for agent provocateurs (much has been written about these people). They are an arm of the handlers and are sometimes used to break windows, write racist slogans on walls, all in an effort to blame the dissenters, thus furthering their cause by eliciting “shame” and “guilt” among people who don’t go along with their ideology.

    #25117
    Greenpa
    Participant

    Dickens saw very clearly, was horrified, and spoke detailed whole truth repeatedly. His “A Child’s History Of England” is as blunt as it is possible to be.

    Anybody see any changes in human behavior or human law/government as a result?

    Me neither. Lots of profitable movies and plays, though.

    #25119
    Raleigh
    Participant

    Greenpa – Dickens was a master of insight, long before the likes of Freud. I don’t know how he did it; he understood human nature so well. I’ve read six of his books, and they always smack of the truth. No, nothing has really changed, just the characters’ names.

    #25157
    TheTrivium4TW
    Participant

    Hi Ilargi,
    Speaking to Merkel like she’s not completely controlled by the Debt-Money Monopolists that finance and promote her is a special form of insanity, albeit a very popular one promoted by the Debt-Money Monopolist media complex.
    The evil that Hitler has come to represent never went anywhere. Ask the 10s of millions of people in Africa who die annually in what is, for all practical purposes, an incarnation of Hitler’s ghettos, except at the nation state level. Go ahead, try and find a substantial difference between the two except for the lack of a need to fence the people in due to the size of the territory.
    I guess Hitler didn’t run weapons into his ghettos the way the Debt-Money Monopolists do into Africa.
    Check Netflix and Youtube to watch “A Film Unfinished” (Hitler’s ghetto) and “Empire in Africa” (Debt-Money Monopolist nation state ghettos) in order to really solidify exactly what you are comparing.
    Running interference for the root cause is to promote the effects of the root cause, no matter how much unwitting good intent exists.

    #25195
    Dr. Diablo
    Participant

    @ Ken

    You have to look at the whole thing here, oil is just one part. When you create money from nothing and have the world’s reserve currency, you can just print money to pull real, “inefficient” oil out of the ground. Yes, the oilco’s go bankrupt, but then they put on oil hedges with the insider banks, and the insider banks take the loss instead.

    …Which they transfer to the currency by “printing” money and covering what are trillion$ in losses.

    …Which they transfer via the reserve currency to the world, especially the emerging world.

    So although they retain plausibility, they have and could continue to pump oil at $100/bbl for months, years, or decades, until the blank check is cut off in the forex markets.

    See how different things are when you don’t obey any rules or laws? So much simpler.

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