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Old 09-29-2019, 05:41 PM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,885
Zero Hedge

The headlines at ZH give you a good idea of what is going on without having to wade through tons of text.

Galloway: "Markets Are Emerging From A Psychotic Break With Reality"
"The ugly process of repricing risk has begun..."
Final Collapse Is Inexorable
"Stormy winds are blowing across credit markets, twisting and bending them like the Tacoma Narrows Bridge...Greenspan got us into this mess... and thereís no dampening it."
It wasn't Greenspan who put the presses into hyperdrive to fund the welfare-warfare State. Gold was leaving the treasury at 100 tons a week when Nixon closed the gold window. The Chinese consider his action to be more momentous that either world war. This particular action is also what pushed Ron Paul to get into politics. Greenspan aided & abetted the bankers by pushing the Graham-leachy-Bliley act.

Which Banks Were Behind The "Repocalypse" Funding Squeeze?
We'll find out next friday WHICH banks.
Here is an interesting article showing that GOV waits til the last (budgetary) minute to spend like a drunken sailor.
Consumer Stress: Defaults Rise To Highest Level In 2019
"...and it's a ticking time bomb that could shock millions since they haven't planned for a recession."
There are a LOT of people who, either don't think about it OR, think that that they are insulated / isolated.
Stunning Clip Shows Billions In Gold, Cash Hidden In Chinese City Mayor's Secret Basement
"..the official will be executed." The wages of sin and, the cost of corruption

Want To Save The Environment? De-Fund The Pentagon
"...the hundreds of environmentally toxic military bases circling our planet, exists solely for the benefit of murderous dominating imperialists and sociopathic war profiteers..."
Yes, yes, yes. BUT, Keynes said that we had to have perpetual warfare to stimulate the economy.
Debt Bombs: Here Are The States With The Most Debt
"New Jersey, Illinois, Connecticut, Massachusetts, Hawaii, Delaware, Kentucky, California, and New York. 40 states do not have enough money to pay all of their bills and in total the states have racked up $1.5 trillion in unfunded state debt."
How can ANYBODY think that the default collapse won't affect them?

Trump, FDR, And War
""President Trumpís campaign of 'maximum pressure' against Iran reminds me of President Franklin Rooseveltís similar campaign against Japan prior to the Japanese attack on Pearl Harbor."
FDR blockaded Japan (an act of war) and, waited for them to attack. There is a vid of testimony from Admiral Kimmel stating that military intelligence knew 2 weeks ahead of time all about the attack on his base. Japan was squeezing British interests out of China and Britain needed to drag America into the pacific war.
Trump could attack Iran but, it would bring the end of civilization (such as it is) to Japan and most of the western world. Iran has clearly said that they would block ALL 3 oil choke points in the region. They can easily do it. They would also obliterate israel but, not before israel launched Operation Sampson and nuked everybody for 1500 miles.

It's A Numbers Game In The Coup To Stop Johnson And Brexit
"...British elites want this pesky Brexit bother binned... The strategy now is to whip MPs into overthrowing Johnsonís government, securing that extension and destroying whatís left of the British political system."
THAT will not give them much chance of maintaining order when the default cascade hits.
Italy: Salvini Out, Migrants In
The Italy that we once loved is melting away.
NATO Rejects Putin's Request To Ban Missile Deployments In Europe
NATO has zero justification for it's existence. Like much of the blob state it has to conjure up a reason to keep it from going up in vapor.

Yet More, High-Quality Video Of Trudeau In Blackface Has Emerged
"The only one who dons blackface and afro" among the many people filmed on the rafting trip."
It probably seemed funny at the time.
Is This How GOP Will Answer Pelosi's Pre-Planned, Lawfare-Assisted Impeachment Plan?
"Perhaps, just perhaps, that is why the IG Horowitz report has been delayed... As in, hold it back until Pelosi, Schiff, Nadler and Cummings fire their impeachment cannons..."
Somebody is going to get blow out of the water.
"This Market 'Stalemate' Is Coming To An End One Way Or Another..."
Don't discount inflows from capital flight.
After Trump Accused Of Cover-Up, Susan Rice Admits Obama Put Transcripts On Top Secret Server Too
Obummer will get dragged down eventually.

Massive Mystery Blaze Engulfs High-Speed Rail Station In Saudi Arabia
Kinda like the mysteriously accurate attacks on the refinery.
Clinton Emailers Rattled After State Department Fires Off 'Culpability Letters' For Homebrew Server Messages
A 'remarkably aggressive crackdown.'
Apparently HRC has forgotten that she doesn't run State anymore..
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