Debt Rattle July 27 2018
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Posts
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Pablo Picasso The three dancers 1925 • The Mirage That Will Be Q2-GDP (Roberts) • Household Debt In UK ‘Worse Than At Any Time On Record’ (G.)
[See the full post at: Debt Rattle July 27 2018]Don’t worry, we’ll get to that yet.
• Only 13% Of World’s Oceans Are Still Untouched Wilderness (Ind.)Reminds me of Earth First’s motto; “Earth first! (we’ll log the other planets later)”
Friends and I did some overnighter’s, on a number of occasions, in Oregon’s old growth forests back in the day.I wondered when Facebook lost 20%+ what the rest of the techs were going to do. Well, Twitter is down 15% already pre-market. Question is: is this a tech crash or a market crash? Note: the FAANGS were responsible for over half of all growth in the market.
Raúl Ilargi Meijer
I don’t know. The whole thing should have crashed years ago. It (the market) appears to defy gravity. 😉
But, I’ve got my buttered popcorn and some excellent Thai rum.
The finale’ should be spectacular, no?I’m embarrassed that people are being subjected to such propaganda.
https://www.zerohedge.com/news/2018-07-27/watch-live-trump-takes-victory-lap-great-gdp-numbers
Watch Live: Trump Takes Victory Lap On “Great GDP Numbers”
http://market-ticker.org/akcs-www?post=233872
… Remember that GDP is C + G + I + (net) Ex
In other words, Consumption + Government Spend + Investment + net Exports (Exports – Imports) = GDP.
All unbacked borrowing by government is, of course, part of “G”<…/em>Print money and it will increase GDP
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