Mr. House
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If people haven’t figured out by now that COVID was a total crock of shit, and still refuse to entertain the idea that it was a financial crisis papered over with printed money and mass hysteria that the media had been purposefully generating for the past four years, then they deserve everything that is coming. IE: Naked capitalism and surplus energy economics.
“but probably since 1971 and Nixon”
Getting sloppy Dr. D, that was a default. If you and i agree that you can trade your green pieces of paper for yellow shiny metal, and then i decide that actually no you can’t, that is a default 😉
Gamergate, woke, feminism (in its current form, though perhaps from the beginning) has always been intelligence OPS. Esp since 2008. JB HB, take a look at most of the people pushing this crap, isn’t it strange how they always come from Canada? CIA baby. They want us not fighting them, but fighting each other. Seems to be working so far.
These people are insane. The way they bend logic to support their utterly stupid beliefs may kill more brain cells then booze or oxygen deprivation. Its four years later for gods sake.
Adele vs. Taylor Swift, Covid, and Entertainment Industry Pandemic Insurance
“We’re already in a centrally managed economy. However much money has to be printed, it gets printed. Somehow. And it funds whatever wants funding. Rent-a-mobs, movies nobody watches, elections whatever.”
Now you’re cooking with gas boyo (before it gets outlawed) 😉
“So there’s an infinite waterfall of money from somewhere to keep this going even NOW, when the accounting for Disney indicated they had maybe 300m in reserve, enough to make ONE movie? Yes, infinite money from somewhere.
So Blackrock and Vanguard are pouring trillions into this bottomless pit? (not just Disney) But don’t they have all this money because they’re managing people’s 401k’s and pensions and IRA’s which they are “leveraging”?”
That is what the 2008 and 2020 bailouts were for and 0% rates for 15 years. I know i’ve stated this here before, but really think about it, do customers matter if you bailout failure?
@John Day
I will get Dr. Morgan to admit that the elites aren’t ignorant sooner or later. Getting very close now 😉
And sometimes John, you just read something and feels right. I wouldn’t have suggested the article for people here to read, if it didn’t strike something deep down that feels like truth. Just like when covid started i pounded the drum here about its bullshit (thank you forever Raul for not censoring me).
With regards to Tom’s speculation and what Nikki Haley just said, doesn’t seem like speculation to me.
I don’t even go to naked capitalism anymore. Until Susan Webber tells her audience she consults for george soros, american express and many of the other corporations she pretends to rail about, she’s just a shrew. Interesting i think i saw someone mention she was moving to Thailand. And she just happened to move out of NYC right before covid to Alabama………. She and whoever Lamber Strather is, were very very bad about stirring up fears with covid.
I think China owns the Uniparty. So all democrats and most Rinos will never do anything other then talk. That seems to be all those that “rule” us do. Talk. Heck i remember Bush the mentally handicapped in the early 00’s making a huff about marking china as a currency manipulator and never doing anything. Same goes for immigration, they’ve been talking about it since 00’s and nothing has happened except the problem gets worse. Speculation is all we have John, because we’re not in the “club”.
@John Day
I agree, but i find many of the others who write these types of things to be unwilling to talk about things. Wolf Richter gaslights his audience with charts and responds to comments but omits discussing certain things that don’t fit his narrative. Dr. Morgan refuses to talk about the elephant in the room and decides instead to just repeat like a broken record about energy. Can only read that so many times before you get tired of it. Plus my feelings on climate change match Rauls new found skepticism of the system. With regards to Tom’s speculations, take a look at this:
I found this to be thought provoking and an over excellent read:
Ding Ding Ding!
Dr. John goes to the head of the class. Now another question for the class, why would Wolf Richter lie about that?
Can anyone in the class tell me where all the inflation went that Wolf claims didn’t happen? Shouldn’t be that hard, we’ve only been studying it for the past 15 years. We did have inflation class, but Wolf won’t admit it, come on, where did it happen?
Todays lesson class, is about gaslighting:
Wolf Richter
Nov 21, 2023 at 10:45 pmDepth Charge,
Wait a minute… why didn’t we get this inflation in 2009 or 2010? That’s what I mean. They did a lot of money printing, and consumer prices didn’t react. That was a complete surprise. And then they printed more money (QE2) and consumer prices didn’t react. That was also a complete surprise. And then they did QE3, the huge QE3, and consumer prices still didn’t react to it. That’s what I mean. We don’t know why it didn’t cause lots of inflation back then. We can guess, lots of people have guessed, I have guessed why. But we do not understand all the aspects that go into what causes inflation. Because back then, QE didn’t cause inflation. It didn’t cause inflation in Japan for 20 years. It didn’t cause inflation in any of the QE countries, until suddenly in 2021, inflation explodes. We don’t fully understand, for example why money printing (and deficit spending!) didn’t cause inflation, and then why suddenly inflation explodes almost globally.
You can guess, and you can cling to simple answers, but they don’t answer the contradictions we have had.”
Wolfrichter is a gaslighter, also very ugly and rude. Happy Thanksgiving!
“Putin has withstood the West’s best efforts to reverse his invasion of Ukraine, and his hold on power is firm. The U.S. and its allies need a new strategy: containment.”
Nah we don’t need containment, we don’t need to be enemies with Russia. What we need is new leadership, at all levels. Local, State, Federal, Corporate. Until the mass of society can admit that, nothing will change.
OMG they’re finally going to stop lying on this topic!
https://www.wsj.com/world/russia/its-time-to-end-magical-thinking-about-russias-defeat-f6d0b8de
I’m beginning to Think El Gato is controlled opposition. Not that his articles aren’t good, but he omits quite a bit when recounting history.
Maybe the pyschos will have a change of heart about setting the world on fire 😉
Oh and awhile back i asked raul about an article from about a decade ago, found it:
No one cares about carbon emissions, please go over to naked capitalism where you’ll be welcomed with arms wide open. Also get your booster shot and do your part to end global warming 😉
Why did the REPO markets begin to explode? Why didn’t the banks trust each other? Why did JP Morgan wan 10% for overnight loans? Nobody has ever really done a good job explaining that (Wallstreetonparade did the best in my opinion) why?
Remember, stocks wanted to sell off in 2018, munchkin got on his red phone and saved the markets that december. 2019, the fed starts lowering rates, buys them a year, then REPO markets begin to explode in August/September. Then covid. Why does a “pandemic” require a few trillion in fed balance sheet increases?
Thank you Noirette, i concur with the majority of what you wrote. And if i’m right, and we’re defending our currency now, then creating debt is currently the most important thing to policy makers. If you can’t generate enough in your home country, the government needs to step in (what we’ve been doing since 2008) and if the government can’t generate enough under normal circumstances, well then you need to create abnormal circumstances to have them create even more (what 2020 was and everything else that is currently going on).
UH OH:
Live news: Ransomware attack on ICBC disrupts US Treasury market https://t.co/SsU6QjXTSF
— FT Breaking News (@ftbreakingnews) November 9, 2023
Is it time for cyberpolygon hoax already?
Question for everyone here: What does Israel intend to gain from the current operation? What is the goal?
https://news.yahoo.com/u-forces-under-fire-middle-090314128.html
Why are we still in Iraq? Are we still searching for weapons of mass destruction? Why are we in Syria? Did the Sovereign of that country ask us for assistance in the civil war we funded?
I mean that list of clients wouldn’t have anything to do with unwavering endless support of a certain country right?
https://market-ticker.org/akcs-www?post=250060
Epstein lives on, still waiting for the release of his “client” list.
@rottotillerman
None of the statistics are even close to reality these days with regards to the economy. They learned during covid they could lie out their teeth with statistics, so make of them what you will.
Also, Yves Smith is a shrew and a liar 😉
This comment is for anyone from Naked Capitalism that reads the automatic earth and its comments. This was posted at naked capitalism but it will be deleted:
http://auroraadvisors.com/resume_webber.html
Representative clients include:
American Express
Bankers Trust
Dresdner Bank
Industrial Bank of Japan
Lehman Brothers
McKinsey & Company
The New Republic
ShoreBank
Soros Fund Management
Swiss Bank
Tech Pacific Australia
The Weather ChannelIn addition to serving well-recognized concerns, we have also worked on behalf of Forbes 400 families, mid-sized investment firms, boutique investment banks, and substantial individuals.
Yep those sound like the credentials of someone looking out for the little guy! You’re being had, she is the deep state.
This comment is for anyone from Naked Capitalism that reads the automatic earth and its comments. This was posted at naked capitalism but it will be deleted:
http://auroraadvisors.com/resume_webber.html
Representative clients include:
American Express
Bankers Trust
Dresdner Bank
Industrial Bank of Japan
Lehman Brothers
McKinsey & Company
The New Republic
ShoreBank
Soros Fund Management
Swiss Bank
Tech Pacific Australia
The Weather ChannelIn addition to serving well-recognized concerns, we have also worked on behalf of Forbes 400 families, mid-sized investment firms, boutique investment banks, and substantial individuals.
Yep those sound like the credentials of someone looking out for the little guy! You’re being had, she is the deep state.
“Biden- falls UP stairs, down on a stationary bike, can’t put his jacket on, doesn’t know where he is, can’t speak, can barely walk… This is the leader of America? ”
It’s almost like he was installed by a hostile foreign power to trolls us.
“None of us should do that, because it is giving ourselves over to evil.”
That and many of us have exp. it first hand the past six years or so.
“Student loans and medical debt are two of the bigger one.”
Lets not start skewing words to mean things that they dont. I’d term it more like indentured servitude. Nobody puts a gun to your head and forces you to do this. Remember when #Metoo came about, and all these people start coming out of the wood work complaining about what they had to do to live their privileged lives? They made a choice, i know a lot of people here and elsewhere don’t like to think of it that way, but we all make a choice. The devil doesn’t get your soul by telling you how shitty hell is 😉
