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Old 07-03-2016, 03:00 PM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,143
Hugh Grant & Kyle Bass

I never looked into it but, Aljhoa has it covered.
The baby boomers are retiring at the rate of 10,000 a day signing up for SS. They need a lot of retirement money to keep alive.
"The total U.S. Retirement Market collapsed 21% from 2007 to 2008 ($17.7 trillion down to $13.9 trillion). The current U.S. Retirement market is valued at $24.1 trillion. When the U.S. broader markets finally crack, I forecast a 50% decline in the U.S. Retirement market in the first wave. This could take place over a few years. A 50% decline would put the U.S. Retirement market at $12 trillion, a little less than what it was in 2008."
Why The Collapse Of The U.S. Economic & FInancial System Has Accelerated | Zero Hedge

Kyle Bass;
"Bass said the country’s $3 trillion corporate bond market is “freezing up” amid rising defaults and cancelled debt sales. “We’re starting to see the beginning of the Chinese machine literally break down.”
"It's too late." The credit excesses had already been built. And in China, the credit excesses are already built. They've got, we can go into numbers, but they have asset-liability mismatches in their system, in the wealth management products, that are more than 10% of their system. And our asset-liability mismatches were two and a half percent of our system" Before the 2008 crash.

Bass: I think the behavioural psychology plays a huge part. I think the first inalienable right of human nature is self-preservation, and when you get into a thought of, okay, Hugh's position, is if it...if this were to happen, it would be so globally terrible that therefore, they're going to not let this happen.
Williams: When you talk about this handicapping the central banks, which we've all had to do, and it's essentially impossible. How do a group of free market capitalists handicap a group of academics? We speak different languages.
So we're starting to see...the academics will never turn and say, "We were wrong." The academics will go "more,"

Grant: this idea of helicopter money, and the idea of banning cash, and all these things that, when you sit here in the cold like that, you can see exactly why they need to do these things. You watch the narrative unfold in the media, and then the trial balloons get floated. But you're right, they have to go to helicopter money, they're really not going to have a choice. And it seems to me that they are going to have to try to ban cash. Because, as you say, the U.S. savings rate has tripled since 2007, and that's literally the last thing they want or need. So is there any way out for these guys? Because that's the thesis that I keep checking. I can't see a way out, absent cold fusion. Cold Fusion,,, how did that get dropped into the discussion?
Kyle Bass Shares The "Stunning" Thing A Central Banker Once Told Him | Zero Hedge

"Total public debt on Thursday was $13.93 trillion, and government loans to itself are $5.45 trillion." National debt jumps nearly $100 billion in one day to record high | Washington Examiner

Gold’s shimmer is sign of dark days ahead – Huffington Post
Deflation is blowing in on an eastern trade wind – Automatic Earth
Why Treasury yields are about to really plunge – Zero Hedge No interest income as far as the eye can see.
7/03 The EU is breaking up politically and financially – 24hGold Maybe the technocrats weren't so smart after all.
7/03 Japan clobbered by weak inflation, business confidence – Daily Times Japan is clobbered by a falling population and killed by competition.
7/03 Did she say QE 4? – GoldAndOilGuy if the economy can't support the too-numerous banks, the printing press will be enlisted forever.

7/03 Bad-loan ultimatum in India sees default risk climb most in Asia – Bloomberg Shoot, just yesterday, I wrote that India is doing ok.
7/03 All paper currencies are doomed, Marc Faber says – CNBC Nothing new there.
7/03 Central banks playing competitive devaluation, fund manager says – GATA Nothing new there.
7/03 When government controls ALL wealth – Bonner & Partners We have GOV, of the bureaucrats, by the bureaucrats, for the bureaucrats. That is why there is a revolving door between Wall st. and the District of corruption. The bureaucrats are living well and spending quite a bit of money. Our trade deficit is $ 45 billion a month. Should our credit card be torn up, the bureaucrats will scramble to squeeze out a LOT more from the productive sector.

7/02 America’s offshore tax cheats are feeling the heat once again – Bloomberg If GOV doesn't have access to your money, obviously, you are a cheat.
7/02 Canadexit: how to escape the clutches of Donald Trump and Nigel Farage – Guardian YES, you must remain in the clutches of Rothschild.
7/01 Crescat Capital 2016 investor letter: China QE dwarfs Japan and EU – ValueWalk The crash could very well set off the San Andreas AND the New Madrid
7/03 We may have reached peak pensioner – Guardian This calls for more chemtrails and more graves.

More graves, THAT is what we need;
(1) The US Senate Committee on Homeland Security and Governmental Affairs (3 October 2012) has established that there is no domestic terrorist threat;

(2) There are 300 or more FEMA camps distributed around the country and we know that Congress has authorized 30,000 drones for domestic surveillance;

(3) Since there is no domestic terrorist threat, the domestic surveillance and those FEMA camps are not intended to survey terrorists or to imprison terrorists;

(4) Since those drones and FEMA camps are either intended to survey terrorists or US citizens, it follows that, since they are not for terrorists, they are for US citizens;

(5) DHS has acquired more than 1.5 billion rounds of .40 caliber hollow-point ammunition, which is not even permissible in warfare under the Geneva Conventions;
(6) Since DHS does not conduct operations abroad, it has been acquired for domestic consumption and, since there are not terrorists, it must be for US citizens;

(7) Congress is planning for funeral homes, cemeteries and mortuaries being “overwhelmed” from a mass terror attack, natural disaster or other crisis; but,

(8) there is no domestic terrorist threat and no conceiveable natural disaster would justify this dramatic authorization for coping with staggering numbers of bodies.
Conclusion: The United States is planning for massive civil war, involving massive casualities, with the citizens of the United States. Consider the evidence. There is no way around it. That’s what’s happening.
Homeland Security: Preparing for Massive Civil War | Veterans Today
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