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In spite of TINA, confidence is slipping
Ludwig von Mises said that all credit bubble eventually collapse. FED GOV has produced enormous bubbles ever since it escaped the restriction of gold. GOV must pay for all it's toadies, it's 22 million employees,,, it's wars and, it's welfare dependents. The Japanese model seems to indicate that it can just print new money to pay for everything.
At $21 Trillion, The National Debt Is Growing 36% Faster Than The US Economy. March, 2018
Since Pox Americana has no intention of ever repaying this debt, the debt-service cost is what matters. The original idea was; since the CBs passed out all the free money, money renters only worried about interest income and NOT, repayment. This free money meant that banks no longer had to pay interest on deposits nor attract capital. Free money to them and, 22% credit card interest to you.
Just how long could this arrangement be maintained?
Negative interest on bonds ($13 trillion worth) should be good for stocks. here is a good article showing that this just hasn't happened.
Stocks are pumped up by the CBs and, nobody is attracted to them.
Banks, transports and small caps are below their 200 day moving average.
While everybody is pushed to keep their money in the markets, NIRP and falling dividends is a big negative. The CBs are counting on TINA, there is no alternative.
Armstrong, "ANSWER: Nothing. What is happening is that we are running into reality. The entire Quantitative Easing has completely failed. The focus on interest rates has been lost insofar as we are dealing with a major question of a structural crisis."
So, just how bad will the collision with reality be?
More reality;
US shale an 'unmitigated disaster' with industry hundreds of billions in debt - shale pioneer
$9 trillion corporate debt bomb is 'bubbling' in the US economy Nov, 2018
Gundlach: Corporate Bonds Could Be a Repeat of the Sub-Prime Crisis It is expected that corporate debt will blow this time around.
Keep in mind that most of the recent rally has been in JUNK corporate debt.
Profits peaked about 8 years ago.
Those aren't masses, they're muppets.
It's price inflation that is trickling down, NOT wage inflation.
To WHERE? stocks are more than 2 times overbought.
The price of gold does go up an down a bit. Most of the change in price is just a change in the value of the currency that is used to buy the gold. Gold doesn't go up. It's just the currency going down.
That will definitely bite them in the A$$.
God messed up and, failed to make all people equal. The libtards are trying to correct this oversight.
https://www.zerohedge.com/news/2019-...be-merit-alone
https://www.theguardian.com/environm...survive-crisis
MSM has far too much power over the public. It is going to get even more ,concentrated.
Ludwig von Mises said that all credit bubble eventually collapse. FED GOV has produced enormous bubbles ever since it escaped the restriction of gold. GOV must pay for all it's toadies, it's 22 million employees,,, it's wars and, it's welfare dependents. The Japanese model seems to indicate that it can just print new money to pay for everything.
At $21 Trillion, The National Debt Is Growing 36% Faster Than The US Economy. March, 2018
Since Pox Americana has no intention of ever repaying this debt, the debt-service cost is what matters. The original idea was; since the CBs passed out all the free money, money renters only worried about interest income and NOT, repayment. This free money meant that banks no longer had to pay interest on deposits nor attract capital. Free money to them and, 22% credit card interest to you.
Just how long could this arrangement be maintained?
Negative interest on bonds ($13 trillion worth) should be good for stocks. here is a good article showing that this just hasn't happened.
Stocks are pumped up by the CBs and, nobody is attracted to them.
Banks, transports and small caps are below their 200 day moving average.
While everybody is pushed to keep their money in the markets, NIRP and falling dividends is a big negative. The CBs are counting on TINA, there is no alternative.
Armstrong, "ANSWER: Nothing. What is happening is that we are running into reality. The entire Quantitative Easing has completely failed. The focus on interest rates has been lost insofar as we are dealing with a major question of a structural crisis."
So, just how bad will the collision with reality be?
More reality;
US shale an 'unmitigated disaster' with industry hundreds of billions in debt - shale pioneer
$9 trillion corporate debt bomb is 'bubbling' in the US economy Nov, 2018
Gundlach: Corporate Bonds Could Be a Repeat of the Sub-Prime Crisis It is expected that corporate debt will blow this time around.
Keep in mind that most of the recent rally has been in JUNK corporate debt.
Profits peaked about 8 years ago.
Those aren't masses, they're muppets.
It's price inflation that is trickling down, NOT wage inflation.
To WHERE? stocks are more than 2 times overbought.
The price of gold does go up an down a bit. Most of the change in price is just a change in the value of the currency that is used to buy the gold. Gold doesn't go up. It's just the currency going down.
That will definitely bite them in the A$$.
God messed up and, failed to make all people equal. The libtards are trying to correct this oversight.
https://www.zerohedge.com/news/2019-...be-merit-alone
https://www.theguardian.com/environm...survive-crisis
MSM has far too much power over the public. It is going to get even more ,concentrated.
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