Debt Rattle December 29 2018
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zerosum.
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December 29, 2018 at 11:58 am #44601
Raúl Ilargi Meijer
KeymasterSandro Botticelli Portrait of a Young Woman 1480 – 1485 • Can an Inverted Yield Curve CAUSE a Recession? (St. Louis Fed) • The Malaysia Scandal
[See the full post at: Debt Rattle December 29 2018]December 29, 2018 at 12:37 pm #44603Dr. D
ParticipantIf there’s no market, then the volatility is also fake. Newsflash: traders make MORE money on shorts than longs, partially because it’s expert-level and they’re some of the only people shorting. But look at Sachs et al trading desks: 360, 460 trading days with NO fails. Ever. So the only thing professional gamblers (and insider traders) need to be propped up in the market against the pikers is adequate volatility. Ding. So we just gave them whatever Xmas green they needed to come in with a profit for the year.
How can I say that? Well, when Mnuchin suddenly went bonkers and started calling banks and activated the Superfriends PPT, the media went crazy. “What is he doing??? Trump is going to cause a crash with his ham-handed idiocy!” Yeah, well it’s become so unreal even dumb Youtubers down at our level were posting “Wait, Mnuchin is calling the PPT on national TV and Trump says buy? They are DEFINITELY going to be in there, rigging the markets up tomorrow. Buy buy buy.” And if even guys down at our level know, everybody knows. Boom, create the buy, create the market action, create the profits on insider trading for those who can read the signs and have the savoir faire.
…Lest you think I’m all for Trump, because what is he doing here? Approving de facto insider trading which although organic will definitive move money FROM the little people TO the insiders, and provide additional bank bailouts, and buy their support, same as the last 4 Presidents. Except when he gooses the market, they hate it as violent, irresponsible and unhinged, and when Greenspan gooses the market under Clinton, it’s sensible and they love it. But hey, that’s the reality here, written on the headlines, if only you know what you really should know by now: there are no markets. There’s only Mnuchin, in the basement with the Fed, clicking a mouse that leverages unregulated derivatives to game the algos they have an inside view of.
December 29, 2018 at 12:51 pm #44604V. Arnold
ParticipantSandro Botticelli Portrait of a Young Woman 1480 – 1485
Interesting; thought it average until the eyes; what beautiful hazel eyes.
Made me do a complete rethink; lovely painting, all in all…As to the economic’s; there are none to be found…
December 29, 2018 at 4:02 pm #44605zerosum
ParticipantTherefore, like I said, If your are rich, and not relying, on that cash flow, to put bread on the table, from a loan, from someone who cannot pay you, because he does not have the money, then its a non performing loan, and you may as well call it a jubilee.
You cannot get blood out of a stone.
December 29, 2018 at 4:15 pm #44606zerosum
ParticipantIf a pension plan does not have the money to give you a pension, then you will need to depend on the food from your garden, until you starve.
If your cash flow from loans stops, then you will need to depend on the food from your garden, until you starve.If you use your gun to put food on the table, then you will need to depend on the food from everyone elses garden, until they starve.
Who did you think was going to be the last man standing?
Who wants to live as the last man standing in the wreckage of our social/economic system?
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