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Yesterday, I said, what I thought was going to happen today.
“Watch for the printing press to spew out dollars to bring thing back up to normal”http://www.businessinsider.com/congress-passes-massive-budget-deal-end-government-shutdown-2018-2
Congress passes massive budget deal before sunrise to end government shutdown
Yesterday, I said, what I thought was going to happen today.
“Watch for the printing press to spew out dollars to bring thing back up to normal
Here is what I read
China’s central bank said on Friday that it has released temporary liquidity worth almost 2 trillion yuan ($316.28 billion) to satisfy cash demand before the long Lunar New Year holidays.
Of course, I don’t know anything. Of course, all those people who do know everything, never advised you to sell.
How do you explain to an ordinary person,
where did all the money that was lost, go?If there is a seller there must be a buyer.
Stock market value wiped out equals $2.5 trillion and counting…
John MelloyNot everyone can fly high
SpaceX launches new megarocket with Tesla car on board
So in a bit of cross-marketing, he put his own cherry-red Tesla Roadster on the Heavy’s inaugural flight with a space-suited dummy at the wheel. No car has ever rocketed …
It’s starting to look like the trampoline is still working.
Are the highs going to get higher.?
I read that some pretty big players have had their socks knocked off?
if Donald John Trump cannot do anything for the victims (the majority) then I’ll wait for the next savior.
WOW!
Good presentation“So how do you fix it when even fair market value would destroy an economy built on lies?”
The solution depends on the meaning of “fix” and on who is “you”.
I’m not part of the wealthy and powerful bully of our existing social/economic structures.
I’m part of the poor and powerless victimized majority being held down by those who will not accept any changes that would negatively impact their elite positions in our social/economic structures.
Famous sayings:
Lock in your profits
Sell at the highs
Better to be out early than too late
Dumb m0ney vs smart money
Bullies vs Victimes
Which makes you fell sorry the most, Puerto Rico’s misery or the lost of the Patriots in the super bowl?
https://market-ticker.org/akcs-www?post=232917
This, incidentally, is likely to bring an end to the market’s euphoria — and not gently either. See, the market folks didn’t count on that trillion dollar issuance, but now it’s happening. Good luck with the “record stock market” nonsense in that environment. If what I expect happens as a result, of which the first rumblings were heard this week, you won’t have any of those gains within the next year or two, and in fact will likely have lost half of Obama’s too.
People say I should be happy that tax rates went down. Really? They didn’t go down for anyone because the deficit is in fact going up. Treasury estimates the hit to be $400 billion this year alone, pushing new issuance to over a trillion dollars. Every single dollar of net newly-printed Treasuries is a tax increase; there’s perhaps $100 billion in “tax cuts” in the economy but $400 billion in increases, so in fact it’s a $300 billion tax increase, not a cut. You won’t see it in your paycheck but you sure as hell will in the price of things you buy and the loss of purchasing power, which will then compound for every year forward — unlike the one-time adjustment to the withholding tables. The so-called tax cuts are a scam and a fraud folks.
Hey!
Look!
My morning headlines.And the winners are…
1. He who didn’t play
2. He who lost the least
Ray Dalio Warns: Investors Just Got “A Taste Of What Tightening Will Be Like”
Are Markets Coming To Terms With The Notion Of The Punch-Bowl Running Dry?
Blackstone COO: “Stocks Could Fall As Much As 20% This Year”
Evercore ISI: “The Selloff Is Almost Over”
Cash Open Sparks Stock-Buying-Panic – Nasdaq Green
White House: “We Are Concerned About The Market Selloff”
“Translation: 90% of the U.S. counties are effectively the 3rd world.”
What could be the % of the 3rd world that is below the 3rd world?
Why don’t the 3rd world rise up against the bullies?
Why do victims put up with the misery?“… no one will do anything about it.”
Why are victims so passive?
The victimes just stand around watching the bully pick out an individual and fear being next.
Its all about bullies and victims
Men better stop running for office.
https://montrealgazette.com/news/canada/president-of-ontario-pc-party-rick-dykstra-resigns-hours-after-alleged-sexual-assault-surfaces/wcm/b1313c9d-a391-481f-9047-e23ab1e2f94aWomen have found a sure way of winning elections
https://www.thecut.com/2018/01/women-candidates-2018-elections.html
That fantasy of restorative justice is particularly resonant amid still-cascading #metoo revelations of sexual abuses by those who’ve had too much power, in too many industries, for too long. “Let’s make a full-blown trend out of replacing predatory men with women who were long overdue to hold their jobs in the first place,” crowed one writer in Vogue. “It’s really the least the patriarchy can do.”
It’s certainly true that the policies that are enacted depend on which women run and win — the country is full of Sarah Palins, not just Elizabeth Warrens.
Since nobody here is paranoid ; evaluate this story
Is their objective to sell, sell or something elseFitness-app Strava’s online map may reveal sensitive military positions
The “Global Heatmap,” a online interactive map produced by fitness-app company Strava Inc., shows locations around the world where millions of runners, cyclists and other athletes have used mobile fitness trackers such as Fitbit and Jawbone.
But, as the Washington Post reports today, the satellite-generated map may also reveal the locations of military personnel using GPS-enabled fitness devices in troubled areas across the globe.
The map — which shows the movements of athletes as a web of bright lines — exposes “the locations and outlines of known U.S. military bases, as well as of other unknown and potentially sensitive sites — presumably because American soldiers and other personnel are using fitness trackers as they move around,” the Post says.While the location of most U.S. bases worldwide is public knowledge, the Post says the satellite map may have inadvertently pinpointed unpublicized bases and missile sites in Somalia, Yemen and Africa.
https://labs.strava.com/heatmap/#4.06/-121.46781/48.76106/hot/all
Yep!
Couldn’t afford to play when I was in lalaland.
Didn’t know how to play when I could afford to play.
Now that I could afford to play and that I think I know how, I’m reading that some of the smartest, biggest. smartest guys are closing their hedge funds.I guess being too early is better than being too late.
Opsss!
Now, I’m too old for even the buzzard to find an appetizing meal.Most of my life I was living in lalaland and ignorant of the social/economic activities.
Now, with TAE and other bloggers, I’ve finally begun to understand the way it use to be.
Suddenly, all the expert ‘talking heads” are say that yesterday is gone and we are going to have a collapse that will destroy lalaland.
I just can’t win.
Thank You!
Your best advise
“get out of debt. “However, the saving that I believed that I had are truly gone. I will realise it when the cash flow stops.
( Cash flow stops when those individuals that are in debt do not make their payments)
The bullies have got the system set up so that the victims will allow the system to continue.
Richest 1% Took 82% Of New Global Wealth Last Year (Ind.)
42 People Hold Same Wealth As 3.7 Billion Poorest (G.)The victims are told wait, keep the peace …
The name of our savior/butterfly is
“… debt will ultimately be the destructor of the system….”
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1. Bullies and their victimes – scales from unwanted sexual misconducts to right up to destroying countries and their economic/social structures.
2. Social media – twitters. facebook, e-mails, WikiLeaks
3. Bitcoin
4. Fake news/propaganda
5. Painkillers – cannabis to fentanyl
6. Pension cash flow shortfall…not to pay Senators? …
The Gov. is shut down. Everyone is on temp leave of absence with no pay except essential serviceHave senators been declared essential?
… is the flu; more deadly…
The flue is not in every country, head south if you think you are in danger.
Human Nature!!!!
BULLIES
Check out the definitionPerhaps its also human nature not to change your mind when the facts will not agree with what you believe.
@ Arnold
Yepp!
Let’s relax,
Let’s take a refreshing drink
Let’s admire all the sunrises
Stay calm
Don’t worry about what you cannot changeHave some popcorn
If I would have been there, I would have finished drinking my coffee, while sitting on the balcony, looking at the sky for the signs of an approaching missile coming to make another sun in the west.
Just remember that the incoming cash flow of the lenders will also be zero.
You will also get zero cash flow from your old country.
If you out survive 90% of the population then you can pick the McMansion of your dream to restart/make a social/economic system.The year old article by Wolf Richter • Jan 22, 2017 is still true. The comments are still applicable.
The snow ball is still rolling down the hill and getting bigger.
A refugee, generally speaking, is a displaced person who has been forced to cross national boundaries and who cannot return home safely (for more detail see legal definition). Such a person may be called an asylum seeker until granted refugee status by the contracting state or the UNHCR[2] if they formally make a claim for asylum.[3]
21.3 million(16.1 million under UNHCR’s mandate and 5.2 million under UNRWA’s mandate; the total number of forcibly displaced persons is 65.3 million)
Is it possible for debt slave to escape their debts by becoming refugees?
Where can they go?These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place
by Wolf Richter • Jan 22, 2017Americans have been on a borrowing binge. To buy their favorite cars and trucks, they’ve loaded up on $1.14 trillion in auto loans. Young and not so young Americans are mortgaging their future with student loans that now amount to $1.28 trillion. Credit card and other debts are at $1.12 trillion. And mortgage debt stands at $8.82 trillion.
Canadian households in 5th place (via Trading Economics):
Australians are only in 3rd place (via Trading Economics):
Danish households clocked in at 123.6% of household debt to GDP is good for 2nd place,
And here is Number 1, the most glorious debt slaves of all, the country whose central bank is trying to manipulate down its currency by imposing steeply negative interest rates: Switzerland. And what has thrived in this zero- and negative-interest-rate nirvana is debt, with the household-debt-to-GDP ratio soaring over the years to 127.7% (via Trading Economics):a big bout of inflation to help wipe out the purchasing power and burden of that debt. But that debt is a huge asset class with very low returns as it is, and if a big bout of inflation sets in, the holders of these assets – banks, pension funds, insurance companies, and other institutional investors – are going to take a licking, as are the hapless people (which is nearly everyone) that counted on the purchasing power of those cash flows.
A bullying culture can develop in any context in which humans interact with each other. This includes school, family, the workplace,[10] home, and neighborhoods and politics.
Psychologist Roy Baumeister asserts that people who are prone to abusive behavior tend to have inflated but fragile egos. Because they think too highly of themselves, they are frequently offended by the criticisms and lack of deference of other people, and react to this disrespect with violence and insults
Our oil prices are too low.
The demand is there.
Therefore, I say “Pay our price or do without”https://economicdashboard.alberta.ca/OilPrice
PUBLISHED – Jan 5, 2018
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$56.54 a barrel in November 2017, 23.3% higher than it was a year earlier.Western Canada Select (WCS), the price obtained for many Alberta producers for oil, averaged US$45.52 a barrel in November 2017, 42.7% higher than it was a year earlier. This is the highest price of WCS since June 2015, when it reached $51.29.
The differential of WTI over WCS was US$11.02 in November 2017.
ALSO
We are not bankrupt like the USA.
The Canadian dollar should be worth more than the us dollar
not the current rate…
1 CAD 0.79815 Inverse: 1.25294https://www.cbc.ca/news/business/bombardier-cseries-duty-1.4308590
U.S. imposing 220% duty on Bombardier CSeries planes
‘Boeing is seeking to use a skewed process to stifle competition,’ Bombardier says
The Canadian Press Posted: Sep 26, 2017 6:56 PM ETTherefore, I say “Pay our price or do without”
Canada takes U.S. to task at WTO over punitive duties
By Alexander Panetta. Published on Jan 10, 2018 3:03pmThe 32-page complaint cites dozens of examples unrelated to Canada, including 122 cases where the U.S. imposed duties on foreign countries. The disputes over paper, lumber, aerospace and now trade in general are occurring just as the countries prepare to meet in Montreal later this month for a potentially pivotal round of NAFTA negotiations.
Therefore, I say “Pay our price or do without”
Lets talk supply and demand.
Canada has the supply.
The USA wants it for free.Therefore, I say “Pay our price or do without”
Alexander Panetta, The Canadian Press
Published Tuesday, November 28, 2017 1:27PM EST“The U.S. … decision to impose punitive anti-dumping and countervailing duties on Canadian softwood lumber producers is unfair, unwarranted and deeply troubling,” the Canadian government said in a statement.
“We will forcefully defend Canada’s softwood lumber industry.”Therefore, I say “Pay our price or do without”
https://www.cbc.ca/news/business/countervailing-duties-newsprint-1.4480488
The Canadian Press Posted: Jan 10, 2018 2:00 AM ETCanadian government calls new U.S. duties on newsprint ‘unjustified’
U.S. Department of Commerce slaps overall tariff of 6.53 % on about 25 Canadian plantsTherefore, I say “Pay our price or do without”
There exist better news than golden globe em-bare-sing moments.
Iranian oil tanker burning off China may explode, body found in search for missing crew
authorities work to recover 31 missing crew members.
At least one crew member has been reported dead on the burning vesselIt wasn’t immediately clear what caused the initial collision, but all 21 crew members of the Crystal, which was carrying grain from the U.S. to China, were rescued, the Chinese ministry said. The Crystal’s crew members were all Chinese nationals.
South Korean petrochemical company Hanwha Total Co., a 50-50 partnership between the Seoul-based Hanwha Group and French oil giant Total, said in an email to the AP it had contracted the Sanchi to import Iranian condensate to South Korea.
A Hanwha Total spokesman, who asked not to be named citing office policies, said there is “little possibility” that condensate would leave traces in the ocean after it burned. He added the losses would be covered by an insurance company. The Sanchi’s cargo was estimated to be worth more than $60 million.Question:
Will South Korea now become enemy # 1 for buying Iranian oil?Change is happening.
Are the numbers of commenters on this blog the same as the numbers of readers?
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Todays Modifiers1. Bullies and their victimes – scales from unwanted sexual misconducts to right up to destroying countries and their economic/social structures.
2. Social media – twitters. facebook, e-mails, WikiLeaks
3. Bitcoin
4. Fake news/propaganda
5. Painkillers – cannabis to fentanyl
6. Pension cash flow shortfallhttps://www.technologyreview.com/s/609891/at-least-3-billion-computer-chips-have-the-spectre-security-hole/#comments
As practically all smartphones run on iOS and Android—sorry, BlackBerry holdouts—this pretty much covers the mobile-device landscape.
