Sep 082019
 
 September 8, 2019  Posted by at 9:40 am Finance Tagged with: , , , , , , , , , , ,  9 Responses »
Debt Rattle September 8 2019

Pablo Picasso Horses and person 1939     To everyone used to receiving Automatic Earth posts in their email, I’m sorry but since yesterday they’re suddenly bouncing again en masse. This makes me very tired by now, but I’ll look for a solution. I suspect there may be a connection between this and Google accusing me of violating their rules, without telling me what rules I’m supposed to have violated.     • Boris Johnson Will Challenge Law Stopping No-Deal

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Sep 072019
 
 September 7, 2019  Posted by at 9:47 am Finance Tagged with: , , , , , , , , , , , ,  13 Responses »
Debt Rattle September 7 2019

Pablo Picasso Portrait of Dora Maar 1942   • The Financialization of the US Economy (WS) • Fed Chair Powell Repeats Vow To Act ‘As Appropriate’ (R.) • Tariffs Are No Longer China’s Biggest Problem In The Trade War (CNBC) • Boris Johnson Urged To Become A ‘Brexit Martyr’ (DM) • A Trump Brexit Threatens (Wight) • A Crackup Is Inevitable (Kunstler) • CIA, Mossad, “the Epstein Network” and an Orwellian Nightmare (Whitney Webb) • How MIT Concealed Its Relationship

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Sep 062019
 
 September 6, 2019  Posted by at 2:06 pm Primers Tagged with: , , , , , , , , ,  5 Responses »
Boris is Broken

Kazemir Malevich Floor polishers 1912   Everything Brexit changes every 5 minutes. That makes it hard to follow. It makes it hard to write about it too, because things are certain to be different as soon as you hit Publish. Boris wanted snap elections on October 14. That became 15 because of a Jewish holiday. but the opposition didn’t really want that election, Or they did, but not on his terms. And over the past few days it’s been said

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Sep 062019
 
Debt Rattle September 6 2019

Claude Monet Éretrat sunset 1882-3   • The Trade War Is Smart Geopolitics (NR) • China’s Growth Is Slowing, but not Because of the Trade War (PIIE) • The Ugly Truth About The Trade War (Alt-M) • Fed QE Unwind Continues Via Sharp Drop In MBS (WS) • Trump Administration Backs Privatizing Fannie Mae And Freddie Mac (MW) • Is Armed Conflict Possible in Today’s Europe? (Spiegel) • Boris Johnson: I’d Rather Be Dead In a Ditch Than Delay Brexit

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Sep 042019
 
Incontinent Mendacity

Salvador Dali Neo-Cubist Academy (Composition with Three Figures) 1926   No, I’m still not taking sides in the Brexit proceedings. I have no horse in that fight. As I’ve said 1000 times, I can fully imagine that a country might want to leave the trappings of the EU. But just as often I’ve said that the way the Tories have gone about leaving appears deeply flawed. They have never seemed to take serious the amount of effort required for a

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Sep 032019
 
 September 3, 2019  Posted by at 8:49 am Finance Tagged with: , , , , , , , , ,  11 Responses »
Debt Rattle September 3 2019

Pablo Picasso Head of a woman 1939   • Resurrecting the American Economy With Stalinism 2.0 (Dmitry Orlov) • Use Old Chinese Debt To Default On Beijing’s $1 Trillion Treasuries (RT) • Boris Johnson Faces Showdown In Parliament (BBC) • The Realities Of A No-Deal Brexit (Ivan Rogers) • Ahead of Brexit, UK Factories Go Quiet (R.) • Hong Kong Leader Says She Would ‘Quit’ If She Could (R.) • Carrie Lam: Hong Kong Leader ‘Never Tendered Resignation To Beijing’

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Sep 022019
 
Debt Rattle September 2 2019

Strongest storm ever to threaten Florida east coast     • ‘Get Ready for Brexit’: Government Launches Information Blitz (G.) • Johnson’s Brexit Gambit Puts Queen in a Tight Spot (Spiegel) • Leaked No-Deal Report Says Lorries Could Face 48-Hour Delays At Dover (PA) • Irish Border After Brexit – All Ideas Beset By Issues Says Secret Paper (G.) • Many US Firms Already Have Ditched China, More On The Way (CNBC) • Hong Kong Students Boycott Classes As Chinese

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Sep 012019
 
Debt Rattle September 1 2019

Edouard Vuillard The two sisters 1899   • Hong Kong Protesters Plan To Disrupt Airport After Night Of Chaos (R.) • The Sheer Scale Of The Crisis Facing Britain’s Decrepit Constitution (O.) • How A Secret Plan To Close Parliament Sparked Uproar Across Britain (O.) • British PM Johnson Challenges Lawmakers To Deliver Brexit (R.) • EU’s Barnier Not Optimistic About Avoiding A No-Deal Brexit (R.) • Lagarde Says Negative Rates Have Helped Europe More Than They’ve Hurt (MW) •

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Aug 302019
 
Hong King Kong

  Of course the notion of addressing Hong Kong has been in my mind for a while, but it’s a bit of a moving target: things change all the time, and seemingly on the fly. However, with today’s fresh developments, it seems silly to wait any longer. Hong Kong Civic party lawmaker Dennis Kwok yesterday expressed the reason way better than I could: As I said time and again, the use of troops in Hong Kong will be the end

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Aug 262019
 
Globalization Just Peaked

Joan Miro The farmer’s wife 1923   In Jackson Hole on Friday, Bank of England’s outgoing governor Mark Carney talked about a Synthetic Hegemonic Currency (SHC) that the world ‘must’ create, and I thought: that sounds as creepy as anything Halloween. Now, Carney is a central banker as well as a former Giant Squid partner, hence a certified cultist, but still. He even mentioned Facebook’s Libra ‘currency’ as some sort of example for something that should replace the US dollar

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