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Europe is toast,,, no escape
My computer was successfully attacked. There's no heat in this office. If I turned on the power switch and, pressed start, after 15 seconds, I got a message that the device was over-heated. Both fans were on. There was other related stuff. I STILL don't know what my password here is.
I'm running an I5 now. I'm using LINUX and UBUNTU. This has saved me before when a cyber attack window showed up. I hit power real quick and, it didn't get hold of me. My 20 year old (at least) dinosaur had a couple of organ transplants but, it was still pretty bad.
Back to the topic of the thread.
The finance sector is strong but, the rest of the economy is screwed.
"It does seem to me that he is trying to deflect people from looking at Europe and pointing his finger at the Fed. The Fed is compelled to be the man in the middle because banks have withdrawn from lending to banks because they do not know who has the risk with Europe."
"This is not Quantitative Easing, which is lowering interest rates and stimulating the economy. The Fed is trying to prevent short-term rates from rising because there is a liquidity crisis created by banks refusing to participate in the repo market."
The BS runs deep here. QE is, by definition, Printing liquidity. It has no direct stipulation on interest rates.
"The unannounced meeting between the Fed and Trump was a briefing on the Repo Crisis BECAUSE the real crisis cannot be discussed publicly. I have not been getting much sleep lately. This is a very serious crisis and all the BS on TV of these pretend analysts giving their two cents is really amazing. They are making up stuff and speculating because they have no idea how the global economy truly functions and they do not advise institutions. They do not understand the risks for year-end and calling this QE proves they do not understand what is taking place."
The FED intends to inject $500 billion. What part of money printing do they NOT understand?
I appreciate the severity of this crisis. Requests to attend board meetings I have only been available by phone. I simply cannot fly all over the place. I really wish I could just come out and spill the beans, but this situation is too critical at this point and I fear that if someone does not blink here, we are headed into a global political contagion.
This is why a deal had to be tentatively arranged with China on trade. There are politicians out of the loop and this whole thing which is way too far above their heads to even grasp an understanding."
Everybody is chasing yield. America has yield. If Powell lowers interest rates, yield and, fleeing capital don't come here. If he prints money to keep the banks solvent, investors stick around.
BUT, at the same time, American markets suck capital OUT of Europe and China. The money printing isn't especially inflationary if it stays in the upper loop. Much of the money (contrary to Armstrong) is used to satisfy counter-parties to failing derivatives. NOBODY will talk about this.
I don't know about blinking but, China is starting to fold.
My computer was successfully attacked. There's no heat in this office. If I turned on the power switch and, pressed start, after 15 seconds, I got a message that the device was over-heated. Both fans were on. There was other related stuff. I STILL don't know what my password here is.
I'm running an I5 now. I'm using LINUX and UBUNTU. This has saved me before when a cyber attack window showed up. I hit power real quick and, it didn't get hold of me. My 20 year old (at least) dinosaur had a couple of organ transplants but, it was still pretty bad.
Back to the topic of the thread.
The finance sector is strong but, the rest of the economy is screwed.
"It does seem to me that he is trying to deflect people from looking at Europe and pointing his finger at the Fed. The Fed is compelled to be the man in the middle because banks have withdrawn from lending to banks because they do not know who has the risk with Europe."
"This is not Quantitative Easing, which is lowering interest rates and stimulating the economy. The Fed is trying to prevent short-term rates from rising because there is a liquidity crisis created by banks refusing to participate in the repo market."
The BS runs deep here. QE is, by definition, Printing liquidity. It has no direct stipulation on interest rates.
"The unannounced meeting between the Fed and Trump was a briefing on the Repo Crisis BECAUSE the real crisis cannot be discussed publicly. I have not been getting much sleep lately. This is a very serious crisis and all the BS on TV of these pretend analysts giving their two cents is really amazing. They are making up stuff and speculating because they have no idea how the global economy truly functions and they do not advise institutions. They do not understand the risks for year-end and calling this QE proves they do not understand what is taking place."
The FED intends to inject $500 billion. What part of money printing do they NOT understand?
I appreciate the severity of this crisis. Requests to attend board meetings I have only been available by phone. I simply cannot fly all over the place. I really wish I could just come out and spill the beans, but this situation is too critical at this point and I fear that if someone does not blink here, we are headed into a global political contagion.
This is why a deal had to be tentatively arranged with China on trade. There are politicians out of the loop and this whole thing which is way too far above their heads to even grasp an understanding."
Everybody is chasing yield. America has yield. If Powell lowers interest rates, yield and, fleeing capital don't come here. If he prints money to keep the banks solvent, investors stick around.
BUT, at the same time, American markets suck capital OUT of Europe and China. The money printing isn't especially inflationary if it stays in the upper loop. Much of the money (contrary to Armstrong) is used to satisfy counter-parties to failing derivatives. NOBODY will talk about this.I don't know about blinking but, China is starting to fold.
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