The Automatic Earth

Debt Rattle December 10 2019

Dec 102019

December 10, 2019 Posted by Raúl Ilargi Meijer at 9:48 am Finance Tagged with: Bill Barr, Boeing, ceasefire, FBI, FISA, Ghislaine, Hillary, Horowitz, narratives, Tulsi, Ukraine 17 Responses »

John Vachon Hull-Rust-Mahoning pit, largest open pit iron mine in the world, Hibbing, Minnesota Aug 1941 • FBI’s Trump-Russia Inquiry Wasn’t Biased Against President – IG (G.) • Barr: FBI Launched An Intrusive Investigation’ Of A Presidential Campaign (SAC) • IG Report Lays Out Compelling Evidence FBI Misled FISA Court (Solomon) • The War of the Narratives (Kunstler) • The Great American Shakedown (Chris Hedges) • Why Tulsi Gabbard Should Not Skip The Next Debate (Mercier) • Bannon: Hillary

Debt Rattle December 9 2019

Dec 092019

December 9, 2019 Posted by Raúl Ilargi Meijer at 10:14 am Finance Tagged with: BIS, Brexit, cash, drone, hedge funds, Huawei, JPMorgan, Lavrov, market makers, NATO, repocalypse, Treasuries 6 Responses »

Lewis Wickes Hine News of the Titanic and possible survivors 1912 • US Banks’ Reluctance To Lend Cash May Have Caused Repo Shock: BIS (R.) • BIS Offers Stunning Explanation Of What Happened On Repocalypse Day (ZH) • The Incredible Shrinking Private Sector (G.) • Northern Ireland Customs Protocol Could Thwart Brexit Plans (G.) • Boris Johnson’s Promise Of Brexit By End Of 2020 Torpedoed By EU Chief (Mi.) • The Invisible Tories (Craig Murray) • China Tells Government

Elizabeth Warren’s “Foreign Policy”

Dec 082019

December 8, 2019 Posted by Raúl Ilargi Meijer at 9:04 pm Finance, Primers Tagged with: Bush, Crimea, foreign policy, Gorbachev, NATO, Putin, Russia, Trump, Ukraine, Warren 12 Responses »

Saul Leiter 463 1956 Ronald Reagan and Mikhail Gorbachev first met in Geneva in 1985, in a summit specifically designed to allow them to discuss diplomatic relations and the -nuclear- arms race. At the time, the Soviet Union had started to crumble, but it was still very much the Soviet Union. They met again in 1986 in Reykjavik, in a summit set up to continue these talks. There, they came close to an agreement to dismantle both countries’ nuclear

Debt Rattle December 8 2019

Dec 082019

December 8, 2019 Posted by Raúl Ilargi Meijer at 10:13 am Finance Tagged with: Big Pharma, Blumenthal, bombers, Boris, Corbyn, Giuliani, NHS, Sydney, tactical voting, Trump, Ukraine, wildfires 4 Responses »

Arthur Rothstein “Bank that failed. Kansas” May 1936 • UK’s Johnson Ahead But Polls Suggest Majority Might Be Tough (R.) • Calls Grow To Stop Boris Johnson With Tactical Voting As Race Tightens (O.) • Patient Data From GP Surgeries Sold To US Companies (G.) • How The Democrats & Federal Reserve Ensured Trump’s Re-Election (Hamilton) • Tracking Every Presidential Candidate’s TV Ad Buys (538) • Trump: Giuliani To Deliver Report On Ukraine Trip To Congress, Barr (Hill) •

Assange and Auschwitz

Dec 072019

December 7, 2019 Posted by Raúl Ilargi Meijer at 7:29 pm Primers Tagged with: Angela Merkel, Anne Frank, Assange, Auschwitz, climate emergency, Guardian, Holland, persecution, torture, Viner 12 Responses »

Saul Leiter Taxi c1957 When I read that Angela Merkel visited Auschwitz this week (for the first time ever, curiously, after 14 years as Chancellor, and now it’s important?), my first thought was: she should have visited Julian Assange instead. I don’t even know why, it just popped into my head. And then reflecting on it afterwards, of course first I wondered if it’s acceptable to compare nazi victims to Assange in any way, shape or form. There are

Debt Rattle December 7 2019

Dec 072019

December 7, 2019 Posted by Raúl Ilargi Meijer at 10:26 am Finance Tagged with: Abenomics, Bloomberg, FBI, Fed, impeachment, IPO, Kamala, Musk, Pelosi, Saudi, Strzok, Trump 12 Responses »

Dorothea Lange Homeless mother and child walking from Phoenix to Imperial County CA Feb 1939 • Donald Trump and Jerome Powell Can ‘Take Another Victory Lap’ (Y!) • Abenomics has Failed Japan. Financial Times Wants to Make it Global. (Lacalle) • What the ‘Expert’ Panel Should Have Told You About Impeachment (ET) • A Fraught Moment (Kunstler) • Strzok and Page Did Real Damage (Cortese) • Pelosi Puts A Brave Face On A Doomed Mission (Tucker Carlson) • Bloomberg

The Fed Detests Free Markets – 2

Dec 062019

December 6, 2019 Posted by Raúl Ilargi Meijer at 2:06 pm Finance Tagged with: Bernanke, BoJ, Draghi, ECB, Fed, free money, Lagarde, Nomi Prins, pensions, policy, Powell, savings, socialists, ZIRP, zombies 5 Responses »

Paul Gauguin When are you getting married? 1892 It wasn’t really the plan to make this a series, but it seems to have turned into one. Part 1 is here: The Fed Detests Free Markets. Part 3 will follow soon. And yeah, I did think perhaps I should have called this one “End The Fed” Is No Longer Enough. Because that’s the idea here. But what’s in a name? Okay, let’s talk a bit more about

Debt Rattle December 6 2019

Dec 062019

December 6, 2019 Posted by Raúl Ilargi Meijer at 10:16 am Finance Tagged with: Assange, BBC, BPA, Fed, impeachment, Iran, Macron, Mueller, Pelosi, sanctions, Turkey, Turley, Ukraine, vetting 5 Responses »

Arthur Rothstein President Roosevelt tours drought area, near Bismarck, North Dakota Aug 1936 • Mueller Report’s Resurgence Gives Democrats New Dilemma On Impeachment (CNN) • Democrats Offering Passion Over Proof In Trump Impeachment (Turley) • Pelosi Pursues Articles Of Impeachment Against Trump (R.) • Ukraine Fires Prosecutor Investigating Burisma And Hunter Biden (CDMedia) • Fed Goes Hog-Wild with T-Bills, But Repos Drop and MBS Shrink by $22 Bn (WS) • Filmmakers Sue To Shield Visitors To US From Social

The Value of Legal Experts

Dec 052019

December 5, 2019 Posted by Raúl Ilargi Meijer at 7:40 pm Finance, Primers Tagged with: assumptions, Biden, evidence, interpretations, Karlan, Kerry, Nadler, opinions, Pelosi, Schiff, Trump, Turley, Ukraine, Zelensky 11 Responses »

Pablo Picasso Couple on a bench 1943 No no no, I want to do something else, but they won’t let me. There are just too many assumptions, opinions, interpretations and hearsay that linger on in what I see, and I can’t let that just go now that we’ve come so far. Nancy Pelosi just now: The California congresswoman told Thursday morning’s news conference: “The facts are uncontested. The president abused his power for his own political benefit at the

Debt Rattle December 5 2019

Dec 052019

December 5, 2019 Posted by Raúl Ilargi Meijer at 9:38 am Finance Tagged with: Assange, China, constitution, donations, experts, Fed, FISA, impeachment, Macron, pensions, quants, Uber 9 Responses »

Arthur Rothstein Interior of migratory fruit worker’s tent, Yakima, Washington Jul 1936 • The Market Will Need The Fed Again In 2020 (Axios) • The Repo Market Is Broken And Fed Injections Are Not A Lasting Solution (MW) • Is Something Broken? Quants Running “Scared” As Nothing Makes Sense (ZH) • Legal Experts Called By Democrats Say Trump’s Actions Are Impeachable (R.) • Gaetz Grills Impeachment Witnesses Over Democratic Donations (Fox) • Judiciary Committee Member: Unfair, Politically Biased Ordeal

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