Debt Rattle October 21 2019
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Vincent van Gogh Self-portrait with dark felt hat at the easel 1886 • Recession Likely Years Away Due To Bullish Trump Effect – Shiller (CNBC)
[See the full post at: Debt Rattle October 21 2019]Sometimes I realize that perhaps it’s an utter waste to use some of the finest art in history to decorate just another news daily overview that will be done and replaced a day after. But then, there is no way I could write anything at all that would be worthy of this astonishing and brilliant self portrait by van Gogh. If you look at how the light falls on his coat, you’re thinking Rembrandt, But all of it is perfect.
Sometimes I realize that perhaps it’s an utter waste to use some of the finest art in history to decorate just another news daily overview that will be done and replaced a day after. But then, there is no way I could write anything at all that would be worthy of this astonishing and brilliant self portrait by van Gogh. If you look at how the light falls on his coat, you’re thinking Rembrandt, But all of it is perfect.
But, often the art you present is, of far greater interest and beauty than any current event you may write about.
This particular van Gogh is indeed very special/brilliant.
What in the world today is more important?
Nothing that I can discern…There’s such a profound sadness in this.
Julian Assange extradition judge refuses request for delay
Julian Assange has been told there can be no delay in his US extradition case, as he appeared before magistrates on Monday. At a case management hearing at Westminster magistrates court, Assange’s legal team requested a longer period to submit evidence and claimed the charges against him were politically motivated.
After the defence and prosecution clashed over the timetabling of the case, the district judge Vanessa Baraitser refused to grant more time to gather evidence and told Assange his next case management hearing would take place on 19 December and there would be a full extradition hearing in February.
Earlier she asked Assange if he understood what was happening in court. “Not really. I can’t think properly,” he said. “I don’t understand how this is equitable. This superpower had 10 years to prepare for this case and I can’t access my writings. It’s very difficult where I am to do anything but these people have unlimited resources.
“They are saying journalists and whistleblowers are enemies of the people. They have unfair advantages dealing with documents. They [know] the interior of my life with my psychologist. They steal my children’s DNA. This is not equitable what is happening here.”
http://www.johndayblog.com/2019/10/understanding-reality.html
Will the Democratic Party Exist After the 2020 Election? (Real question, CIA owned and operated.)
As a result of the corrupt foundation of the Russiagate allegations, Attorney General Bob Barr and Special Investigator John Durham appear hot on the trail with law enforcement in Italy as they have apparently scared the bejesus out of what little common sense remains among the Democratic hierarchy as if Barr/Durham might be headed for Obama’s Oval Office.
Barr’s earlier comment before the Senate that “spying did occur’ and that ‘it’s a big deal’ when an incumbent administration (ie the Obama Administration) authorizes a counter-Intelligence operation on an opposing candidate (ie Donald Trump) has the Dems in panic-stricken overdrive – and that is what is driving the current Impeachment Inquiry.Pepe Escobar has Syria update, and historical context. Important context.
What is happening in Syria, following yet another Russia-brokered deal, is a massive geopolitical game-changer. I’ve tried to summarize it in a single paragraph this way:
“It’s a quadruple win. The U.S. performs a face saving withdrawal, which Trump can sell as avoiding a conflict with NATO ally Turkey. Turkey has the guarantee – by the Russians – that the Syrian Army will be in control of the Turkish-Syrian border. Russia prevents a war escalation and keeps the Russia-Iran-Turkey peace process alive. And Syria will eventually regain control of the entire northeast.”
Syria may be the biggest defeat for the CIA since Vietnam.
Yet that hardly begins to tell the whole story... (see history lesson)
The reconstruction of Syria may cost as much as $200 billion. Damascus has already made it very clear that the U.S. and the EU are not welcome. China will be in the forefront, along with Russia and Iran; this will be a project strictly following the Eurasia integration playbook — with the Chinese aiming to revive Syria’s strategic positioning in the Ancient Silk Road.
As for Erdogan, distrusted by virtually everyone, and a tad less neo-Ottoman than in the recent past, he now seems to have finally understood that Bashar al-Assad “won’t go,” and he must live with it.”Agreement to pause Turkey’s campaign in Syria destroys US credibility”, top Democrats say, despite demanding it. Helen of DesTroy
https://www.rt.com/usa/471179-pelosi-schumer-complain-trump-turkey/Turkey threatens to kill all the Kurds who are not out of the area of north Syria that borders Turkey (How deep?) by tomorrow, Tuesday 10/11/19. That’s when talks with Russia and Syria about how wide the temporary strip will be resume.
Believable? How much?
https://www.zerohedge.com/energy/we-have-hours-left-turkish-ceasefire-edge-collapse-erdogan-gives-kurds-hours-flee-territoryHelen of DesTroy also has this story on RT
A Navy “doomsday” aircraft designed to be used as a command center in a nuclear war was knocked out of commission – by a bird, which caused over $2 million in damages when it was sucked into an engine during a test flight.
The E-6B Mercury plane was grounded after an unidentified species of bird was sucked into one of its four engines during a test flight at Naval Air Station Patuxent River in Maryland earlier this month. The plane was conducting a touch-and-go landing when the “Class A” accident occurred, causing over $2 million in damages and requiring the replacement of the entire engine. The bird was the only casualty.
https://www.rt.com/usa/471182-bird-strike-grounds-doomsday-plane/Paris zoo unveils ideal modern citizen, lacking a brain, but having 720 sexes.
https://www.treehugger.com/natural-sciences/paris-zoo-exhibits-worlds-weirdest-living-thing.htmlOops, sorry to include the opening story, already posted here, about Democratic Party existential question.
chagrinedNobel-prize winning economist Robert Shiller should know the right cause. Therefore, why is he misleading us with a lie?
“Consumers are hanging in there.”
That is so wrong. I see the proof everyday that the consumers are not contributing to “growth”.
Banks are “hanging in there” lending money to the fill the yards with inventory and to extend credit card credits to people with no credible way of paying off their balance on their credit cards.
Nobel-prize winning economist Robert Shiller is ignoring that +60% of people are struggling to meet all their payment before the end of the month.
Nobel-prize winning economist Robert Shiller is ignoring the problem of diminishing GDP growth world wide.Of course, Nobel-prize winning economist Robert Shiller, is ignorant that “the International Monetary Fund has said, In its half-yearly update on the state of the world’s financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries – the US, China, Japan, Germany, Britain, France, Italy and Spain – would be impossible to service if there was a downturn half as serious as that of a decade ago.”
Of course, Nobel-prize winning economist Robert Shiller, must know that MMT from the bank will solve that problem.
The Nobel-prize winning economist Robert Shiller, must also be aware that China has been solving its problem by printing money so that its companies could produce the mfg demands of the world.Nobel-prize winning economist Robert Shiller must have cataracts combined with dementia.
You don’t know who is Robert Shiller? Then you should read the following to decided who is trying to pull the wool over your eyes.
( To me, He is another bottle of beer who just fell off the wall)https://www.fnlondon.com/articles/robert-shillers-latest-prediction-a-data-revolution-20190916 .
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“The theft totals in the billions of dollars.”
BREAKING: Burisma Paid Former Ukrainian President Poroshenko $100mm To Suppress Hunter Biden Investigation in 2017, Bribed FBI agents Ignored Evidence, US Embassy In Kyiv Neck Deep In Corruption
by L Todd Wood October 18, 2019Our source has seen the data from within the Ukrainian General Prosecutor’s Office. CD Media can confirm the prosecutor’s office is ready to cooperate with the FBI and the information has been recently provided to FBI agents.
On the DNC, unfortunately top cycles forecaster Armstrong said the same thing: after a long downtrend starting with FDR, they will essentially cease to exist. And I thought it would be the GOP, but strangely they didn’t rig the primary and attack their own voters and so the party was transformed or redirected instead.
As HRC’s statement makes clear they are too far down the road for reform, nature abhors a vacuum and we all hope and pray that the new, replacement DNC forms anew behind a Gabbard, or somebody: I’m not up on all the great hidden candidates they must have, because they’ve been so ruthless in suppressing their own good will and talent. We thought it might be Bernie, but alas. Yet something new will appear even before the old falls.
This forms with the much longer cycle of the end of Socialism. For as in Scandinavia, and as even Marx would avow, Socialism can only exist after Capitalism, and spend other people’s money. But when you run out of other people’s money, socialism ends, and if you didn’t notice, everyone on earth is broke from pure mismanagement and ordering each other around like a ward full of Napoleons. As that comes clear it will go out of fashion for a time again, and independence and self-reliance will be the day. That means family and those values, but also devolution, decentralization, which may look scary all over, but here will be buffered by the States once again asserting their rights and being able to express their individual characters. They’ll say it’s a break up of the Nation, but since that safety belt exists, most probably not, but it will become a nation none of us would recognize, but possibly J. Quincy would. Perhaps not a trip any of us would choose, but to my mind is better than centralization and absolute power, used absolutely.
ECONOMICS AI
I would be fascinated if an AI was created dedicated to economics!
So much economics seems simply made up or is self-fulfilling.
Recently one fund manager said his investing could not be based on what is rational but to anticipate the irrational investing of others.
In, for example, gold, it is not unusual for the price to be manipulated below the 200DMA at which point the chartists will take over as this is a sell signal.
It would be interesting to see if an AI could find anything real in economics, or to embrace the irrational in investment strategy, or become the first insane AI!?
AI running economics would be so far far better than what we have now. But then it would be so much harder for central bankers and politicians to interfere to get the results they want instead of the obvious ones. So that won’t happen. Filling people’s minds with useless information, paying them 6 figure salaries, and telling the world they’re real geniuses is so much easier.
Biden said, “THERE IS NO PROOF”
I ask you, “Does it matter? Do you care?’The shady arrangement between the Atlantic Council and Burisma – the gas company at the center of the ‘Ukrainegate’ scandal – is just one dubious deal out of many at a DC think tank that has become a clearinghouse for legal corruption.
By Max BlumenthalBut behind the curtain, the Atlantic Council has initiated a lucrative relationship with a corruption-tainted Ukrainian gas company, the Burisma Group, that is worth as much as $250,000 a year. The partnership has paid for lavish conferences in Monaco and helped bring Burisma’s oligarchic founder out of the cold.
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