The Automatic Earth

Debt Rattle August 15 2019

Aug 152019

August 15, 2019 Posted by Raúl Ilargi Meijer at 9:21 am Finance Tagged with: arctic, Brexit, China, Corbyn, Epstein, Ghislaine, Gibraltar, Good Friday, Hong Kong, paper tiger, plastics, recession, trade deal, Trump, yield curve 5 Responses »

Henri Matisse The terrace, St. Tropez 1904 • US Yield Curve Inversion Highlights Recession Fears, Fed Dilemma (R.) • China: Paper Tiger (Jim Rickards) • Trade Wars and the Over-Valued Dollar (Hill) • Trump Ties China Trade Deal To ‘Humane’ Hong Kong Resolution (R.) • Autopsy Finds Jeffrey Epstein Had Several Broken Neck Bones (NYPost) • Jeffrey Epstein’s Body Claimed By Unidentified ‘Associate’ (NBC) • CEO Scott Borgerson Denies He’s Dating Epstein Pal Ghislaine Maxwell (NYPost) • UK Labour

Debt Rattle August 12 2019

Aug 122019

August 12, 2019 Posted by Raúl Ilargi Meijer at 9:56 am Finance Tagged with: Ai Weiwei, Assange, Brexit, coroner, diaries, Epstein, Hong Kong, migration, Ponzi, stockpiling, suicide 11 Responses »

Samuel Peploe Paris-plage 1907 • Jeffrey Epstein’s Trail Of Bankruptcy And Ruined Lives (WaPo) • Jeffrey Epstein Kept “Meticulously Detailed” Secret Diaries (Mirror) • New York Coroner ‘Confident’ Epstein’s Death Was Suicide (R.) • Lawyers Say Epstein Victims To Sue Financier’s Estate This Week (R.) • Hong Kong Airport Cancels All Outgoing Flights Over Protests (BBC) • Hong Kong Protests: Brutal Undercover Police Tactics Spark Outcry (G.) • Britons Have Spent £4bn Stockpiling Goods In Case Of No-Deal Brexit

Debt Rattle August 11 2019

Aug 112019

August 11, 2019 Posted by Raúl Ilargi Meijer at 9:01 am Finance Tagged with: Assange, Brexit, Cummings, Epstein, Fed, Hong Kong, nationalism, QE, squawkzilla, taxes, Trump, Wexner 8 Responses »

Pablo Picasso Man with straw hat and ice cream cone 1938 • JPMorgan: The Fed Will Need To Restart QE Soon • How Jeffrey Epstein Got His Hooks Into Les Wexner (William D. Cohan) • These Are The Dying Days Of A Rancid Old Order (Hutton) • The Very Idea Of A United Kingdom Is Being Torn Apart By Toxic Nationalism (G.) • Cross-Party Schemes Drawn Up To Prevent A Johnson No-Deal Brexit (O.) • No 10 Cancels Staff

It Wasn’t About Epstein Anymore

Aug 102019

August 10, 2019 Posted by Raúl Ilargi Meijer at 6:53 pm Primers Tagged with: Bill Barr, Clinton, DOJ, Epstein, FBI, Manhattan, Maxwell, Presidents, prime ministers, suicide, Trump, tycoons 5 Responses »

Pablo Picasso Man with ice cream cone 1938 My first thought after reading about Jeffrey Epstein’s so-called suicide is: let it go, watch a movie instead, or go out to dinner. But a suicide of someone under suicide watch is just too much. And then I understand NBC -oh wait, and Reuters too- said he wasn’t even on suicide watch anymore. A guy who allegedly tried to kill himself two weeks ago. But of course. Why should he be?

Epstein, or How Your News is Cooked

Aug 092019

August 9, 2019 Posted by Raúl Ilargi Meijer at 8:09 pm Primers Tagged with: Bill Clinton, CNBC, depravity, Dershowitz, Epstein, Giuffre, Guardian, Lolita Express, madam, Maxwell, Trump, unsealed 5 Responses »

Prince Andrew, Virginia Roberts Giuffre and Ghislaine Maxwell in 2001 The US Court of Appeals for the Second Circuit unsealed a batch of documents in the Jeffrey Epstein case today, as announced recently. Actually, it’s a case brought by Virginia Roberts Giuffre against Ghislaine Maxwell, Epstein’s madam and main procurer of little girls. Giuffre bought the case after Maxwell accused her of lying about the whole thing. There’s still much more of this to come, and given the VIP

Social Media Civil War

Aug 082019

August 8, 2019 Posted by Raúl Ilargi Meijer at 7:18 pm Finance, Primers Tagged with: Bill Barr, CIA, Civil War, Facebook, FBI, Mitch McConnell, Nenner, social media, Trump, Twitter, violence 9 Responses »

Edward Hopper Ground swell 1939 The US government has to come up with very very strong legislation for social media, and it has to do that very soon. Because if it doesn’t, it risks those same social media inciting a civil war (that’s no hyperbole, that is real) on American soil. And beyond as well, but as Donald Trump said about European efforts to curtail Twitter, Facebook et al’s activities, they’re American companies and hence America’s responsibility. Well, cool,

Debt Rattle August 8 2019

Aug 082019

August 8, 2019 Posted by Raúl Ilargi Meijer at 9:01 am Finance Tagged with: Assange, Boeing, Brexit, Chelsea Manning, Cummings, globalization, MMT, nickel, pesticides, technology, Trump, tyranny 9 Responses »

Piet Mondriaan New York City I 1942 • Globalization As We Know It Will Not Survive Trump (G.) • The Technological Revolution Devours its Children (Dmitry Orlov) • Donald Trump More Popular Today Than In 2016 (Raw) • New York Times Stock Price Has Soared During Trump’s Presidency (R.) • MMT May Be Democrats’ Economic Cure, But Only Trump Got The Memo (R.) • New Rebel Bid To Halt No-Deal Brexit Amid Fury At PM’s Enforcer (G.) • Deal

Debt Rattle August 7 2019

Aug 072019

August 7, 2019 Posted by Raúl Ilargi Meijer at 9:15 am Finance Tagged with: Brexit, China, Cummings, Epstein, Erdogan, EU, liquidity, Mifsud, PNG, Putin, Salisbury, Skripal, Svengali, USD, yuan 11 Responses »

Pablo Picasso Portrait of Dora with bun 1937 • The Future Of Britain Is In The Hands Of Unelected Svengali Cummings (Oborne) • No-Deal Brexiteers Are Winning Because They Want It More (Sky) • UK Too Desperate To Secure US Trade Deal – Larry Summers (G.) • Brexit: Michael Gove Accuses ‘Wrong And Sad’ EU Of Intransigence (G.) • Met Police Examine Vladimir Putin’s Role In Salisbury Attack (G.) • China State Banks Seen Supporting Yuan In Forwards Market

Will China Retreat Into Itself?

Aug 052019

August 5, 2019 Posted by Raúl Ilargi Meijer at 7:30 pm Primers Tagged with: BRI, CCP, central control, China, devaluation, dollar, Europe, foreign reserves, forex, renminbi, Russia, tariffs, trade talks, US, yuan 16 Responses »

Odilon Redon Peyrelebade landscape 1880 It’s never easy to gauge what exactly is happening in China, or why the CCP Politburo takes the decisions it does. Today, or overnight, is no exception to that. However, one thing that appears certain, but which I don’t see reflected in all the analyses, is that Beijing pushing the value of the renminbi (yuan) down below 7 to the USD in one fell swoop, is a major setback for Xi Jinping and his

Debt Rattle August 5 2019

Aug 052019

August 5, 2019 Posted by Raúl Ilargi Meijer at 8:50 am Finance Tagged with: austerity, Bellingcat, crashes, currency war, Fed, Hong Kong, job growth, Original Sin, populism, PPT, Russiagate, Tulsi, yuan 4 Responses »

Piet Mondriaan Study for Blue Apple Tree Series 1908 • Currency War Begins: China Crashes Yuan Past 7, Halts US Agri Imports (ZH) • China Lets Yuan Slump Past 7 Per Dollar For First Time In Over A Decade (R.) • Hong Kong Brought To A Standstill As City-Wide Strikes And Protests Hit (G.) • Job Growth In Trump Land Is Dead In The Water (MW) • 10 Alarming Things About The Economy That Politicians Won’t Tell You (MW)

Older Entries Newer Entries