Saturday, March 25, 2023
Mad Max Truck.
Wednesday, March 22, 2023
Interestingly......
Tuesday, March 21, 2023
Oooh. It's gonna be a nail biter.
Everyone woke now?
Monday, March 20, 2023
It's almost like these finance guys are rooting against America.
Why else would you post this utter garbage about these countries and ignore the banking crisis in China? Just a couple of days ago they started easing because their property market has been in collapse for about a year. Read: China makes surprise rate cut to boost banking liquidity and the economy. They are literally blowing up ghost cities they built in the 2008 era. Maybe they can print enough money to built them all again.... but I doubt it.
Additionally, I'm not sure India is going participate in this new alleged love fest. There are literally skirmishes on the border on India and China all the time. They are not exactly friends. Why does India need those those retarded monkeys? It makes more sense for them to side with us because we want to move new plants there.
I guess I'm just really frustrated at how paranoid in all the wrong ways Americans have become. Apparently all you have to say is a few trigger words like "digital currency" and WEF and people can't even think straight. Like when Zerohedge says this:
"Andy lays out the thesis “that the world is poised for a monetary reset which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding”."
Wednesday, March 15, 2023
Whole lotta phonies right now.
Monday, March 13, 2023
Everyone is an expert in hindsight.
Saturday, March 11, 2023
Now that I have gotten time to digest what happened to Silicon Valley bank, I have to say that it's super infuriating how the Fed destroyed this super prime bank up. If anyone thinks that can't happen to their bank, I'm here to tell you that if those people (the richest people in Silicon Valley) got hit - EVERY OTHER BANK IS AT RISK. All of these banks were pushed into doing the same things by the FED. It was the only place they could make money.
In early 2021 it was probably sensible to buy long term dated bonds. NO ONE could have predicted that any President would make an executive order that houses could not be foreclosed upon which caused people to spend with reckless abandon. It had never been done before to my knowledge. This is the catalyst for inflation. Pure and simple. People felt house rich. All the old timers will remember this from the housing crisis. Very same dynamics.
People love to hate on the rich, but these people did nothing wrong. Now they can't meet payroll. It's just so maddening how the government keeps fucking over businesses and people just shrug. Everyone will eat their words soon though.
Friday, March 10, 2023
Mission accomplished.
Over the past five months there have been numerous articles about the Fed hiking until something breaks. And now we have our first break. I think they thought the labor market would break first... but....there are obviously less people alive and capable to fill those positions.
We have also reached the stage where every time they say something "is not" something else - it absolutely is.
"Silicon Valley was heavily exposed to tech industry and there is little chance of contagion in the banking sector similar to the chaos in the months leading up to the Great Recession more than a decade ago. The biggest banks — those most likely to cause a systemic economic issue — have healthy balance sheets and plenty of capital." (emphasis mine and LOL) Source.Tuesday, March 07, 2023
Everyone better pray this is not true.
Source. I don't know why the chart is structured this way. 2023 is on the left.
This would mean vastly more people than I ever imagined are going to be in negative equity. Prices need to fall to the trend line, and I bet they overcorrect.
But all the media tells me this time is different.
Thursday, March 02, 2023
I thought you wanted to burn it all down.
"NBC News journalist Keir Simmons recently went to Crimea and reported that most Crimeans are pro-Russia."