Debt Rattle October 3 2014
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Dorothea Lange Negro women near Earle, Arkansas July 1936 • Albert Edwards Says Watch Japanese Yen and Be Very Afraid (Bloomberg) • “When Bad News Bec
[See the full post at: Debt Rattle October 3 2014]Charts, lots of charts, graphs, and statistics.
But here on the street nothing really changes.
For us poor schmucks, nothing really changes. Another day older and deeper in debt? Yes, for some. For the rest; a never changing future of lies and bullshit.
And no future worth pondering…Try as I might I just can’t see how the Fed/finance/banksters push massive amounts of money out to the general population to any degree that would show up as inflationary or even anti-deflationary.
They already shot their wad with the housing bubble, (not the current one for investors but the previous one where every Tom, Dick, and Harriet with a pulse got a mortgage).
Maybe if Starbucks also becomes a payday loan shop… Would you like a $10,000 loan with that latte?.
I often thought that that was the goal of nationalizing 401-k’s was to eventually then be able to credit them all with regular funds as national policy. American….TBTF.
My, you guys are negative; what’s up with that? I bring you all these happy tidings on a daily basis, and look at you!
A long overdue donation headed your way, Ilargi. Many thanks for the reminder and your ongoing efforts to keep us informed.
I’ve lurked for a long time on AE, and feel a bit guilty about not contributing (although I did buy one of Nicole’s DVDs). So I’ve just registered to make this comment. Being in the UK, I don’t want to contribute in USD, CAN or EUR. But I would love to send you some of the Bitcoin that I’ve been buying recently. Have you ever though about accepting Bitcoin? I expect a lot of people in the Bitcoin world would be sympathetic to your points of view, and it might prove a valuable additional revenue stream.
Maybe something to consider?
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