Debt Rattle February 8 2018

[Raúl Ilargi Meijer]

Paul Gauguin A Day of No Gods 1894   • The State of the American Debt Slaves (WS) • Reality Returns to Wall Street (Rickards) • Plunge Protection
[See the full post at: Debt Rattle February 8 2018]

[V. Arnold]

Anti-biotics are the main reason I cut way back on meat over 2 decades ago. Beef was a no-no.
I can and do order most of my dishes sans meat; the exception is Guiteow (noodles), a spicy Thai noodle soup. I have with bbq. pork (Chinese style). I’m working on a recipe without the pork. Probably tofu (fried) or scrambled eggs (dry).
Most of our friends here are very cautious regarding debt, and for the most part, own their homes free and clear (as do we).
The BoT seems prone towards unfounded optimism re: the economy. The ฿aht has been strengthening for the last 3 years and the exporter are screaming bloody murder. I have a personal stake in this because I’m paid in USD’s. Cost me roughly 15% the last two years especially. Ouch!

[V. Arnold]

Dow close today.
23,961.17
-932.18(-3.74%)
Not pretty, but far from unexpected.

[V. Arnold]

It’s worse;

23,860.46
-1,032.89(-4.15%)

[zerosum]

Watch for the printing press to spew out dollars to bring thing back up to

normal

[Chris M]

Normal? How about SNAFU?

[V. Arnold]

New normal? 😉

[Author]

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