Why the world is rooted.

[billy the kid]

"While negative interest rates and quantitative easing remain highly unlikely.."
....from the above link...….
AND we voted the bastards back in.....as I said once its like choosing between ebola and the plague....

[billy the kid]

https://www.zerohedge.com/news/2019-08- ... n-us-goods

Well Donald....I think youve just been called...
Being a betting man....Id suggest that a Powell interest rate cut in September is now a no brainer....the only question is
HOW much.....
But then again...go back to Greenspan..Bernanke...Yellen...they were all incompetent.....so is Powell.....

[billy the kid]

https://www.zerohedge.com/news/2019-08- ... escalation

Ill see your trade war and Ill raise you a recession....

Wait a minit....are we talking about trade wars....or Brexit...no wait..thats on another table....
What about Iran...no wait...thats in another room...on another table....
No wait...what about Venazuala...no wait...thats on another floor....on another table.....
When are we gunna build that wall....is it time for another gun massacre yet...…
Hey Abe..how many F35s and marines do you want on your ships.....
Hey rocketman...send me another beautiful letter...I need a friend.....
Wheres all the blueberries...….lets build another mosque......

Dont blink anybody....youll miss watching the world being fucked...........

[Black Orchid]

New York Times columnist Ross Douthat recently argued that President Trump would pay a heavy political price if there were to be a recession in the next 12 months. That’s probably correct. But if one sets in, it wouldn’t be Trump’s fault. In truth, presidents simply don’t have much impact on the business cycle. Rather, it is the Federal Reserve’s monetary policy, the control of the money supply and interest rates that determine the short-run ups and downs in the economy.

I have an extremely negative view of Trump and his policies. The current trade war with China is unnecessary and counterproductive. Trump’s fiscal policy is perhaps the most reckless in U.S. history. But let’s be honest about what causes downturns so we can be better at preventing them. Because Federal Reserve missteps often cause recessions, it is monetary policy that badly needs our attention.

More at ... https://www.washingtonpost.com/outlook/ ... mps-fault/

[billy the kid]

https://www.zerohedge.com/news/2019-08- ... tive-trump

All of a sudden, the media, which was pretty much buying Trumps booming economy narrative,
is now questioning whether the economy is that strong....
Trump is now accusing the media of a conspiracy to make the economy look bad...
He's saying that all the negative data about the economy is fake news...
Trump has worked himself into a political corner..his claim to fame is that he's created
the greatest economy ever...he has a vested interest in ensuring the narrative continues...
He wont win a second term if the economy is in recession...or if stocks appear to be in
a bear market...
When Trump was running for office he said that the numbers were fake and that the economy
was worse than the data indicated....now he's saying that the numbers are fake and that the economy
is much better than the numbers indicate....
If the economy is so great, why does he want Powell to reduce rates by 100 basic points..
Why does he suggest that Powell is a worse enemy than China....
AND it goes on and on and on....

PERSONALLY I think Trump is full of shit.......
BUT then again....what politician isnt.......
BUT then again...what Reserve Bank Governor isnt incompetent.....

[billy the kid]

https://edition.cnn.com/2019/08/26/inve ... index.html

Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research, which tracks stock market liquidity.
August is on track to be the fifth month of the year in which insider selling tops $10 billion. The only other times that has happened was 2006 and 2007, the period before the last bear market in stocks, TrimTabs said.

Ya gotta laugh....Australian "economic experts" are telling us everythings fine....
The stock markets go up...they go down.....chances of a recession are slim.....
Its already here....disguised perhaps...but its here......
The real estate decline has just about bottomed, so they say, and in fact prices are going up in some areas.....
Of course, our "experts" wouldn't have their own barrows to push now would they...

The elites and the oligarchs know whats coming....they always do...
I wouldnt trust an Australian economic expert as far as I could throw him/her....
Jim Rickards has been warning about this for years...Id prefer to believe him
than the Australian muppets out there......

[billy the kid]

Interesting to read Jim Rickards book "Aftermath"
In it he states that the US can only recover from their multi trillion dollar debt in one of
four ways....
a) IMF Bail out.....very embarrassing....wont happen...
b) Default..wont happen....
c) Asset sales....wont happen..US citizens would protest in the streets in their millions.....
d) Inflation....don't hold your breath...
Of course if there is a global reset, and the shit really hits the fan...what does that cause....
Your guess is as good as mine...currency wars followed by trade wars followed by shooting wars.....
Of course, Australia just sells off all our assets to overseas interests...
Wait a minute....do we protest....no...she'll be right mate...who's going to win the footy tonight.....

[Nom De Plume]

Interesting to read Jim Rickards book "Aftermath"
In it he states that the US can only recover from their multi trillion dollar debt in one of
four ways....
a) IMF Bail out.....very embarrassing....wont happen...
b) Default..wont happen....
c) Asset sales....wont happen..US citizens would protest in the streets in their millions.....
d) Inflation....don't hold your breath...
Of course if there is a global reset, and the shit really hits the fan...what does that cause....
Your guess is as good as mine...currency wars followed by trade wars followed by shooting wars.....
Of course, Australia just sells off all our assets to overseas interests...
Wait a minute....do we protest....no...she'll be right mate...who's going to win the footy tonight.....

There is another way...

War!

[billy the kid]

Interesting to read Jim Rickards book "Aftermath"
In it he states that the US can only recover from their multi trillion dollar debt in one of
four ways....
a) IMF Bail out.....very embarrassing....wont happen...
b) Default..wont happen....
c) Asset sales....wont happen..US citizens would protest in the streets in their millions.....
d) Inflation....don't hold your breath...
Of course if there is a global reset, and the shit really hits the fan...what does that cause....
Your guess is as good as mine...currency wars followed by trade wars followed by shooting wars.....
Of course, Australia just sells off all our assets to overseas interests...
Wait a minute....do we protest....no...she'll be right mate...who's going to win the footy tonight.....

There is another way...

War!

It seems to be heading that way, doesnt it.....

[billy the kid]

https://www.zerohedge.com/news/2019-09- ... artnership

All getting a bit murky isnt it...
China buys Irans oil....China is aligned with Russia....
China will have 5000 "employees" in Iran "protecting their assets..."
Iran ditches the dollar in preference to the euro...
China is spending 400 billion developing Irans oil gas and petrol chemical sectors…
together with upgrading their transport and manufacturing infrastructure.....interesting......
US places sanctions on Iran...
How does China get around the sanctions to buy Irans oil..
Trump accuses China of "cheating"
Yet the US cheats simply because they can print their own money...and owe trillions to the world...
Methinks we are seeing the crumbling of the US empire before our very eyes....
Why wait until October for the US and China to resume Trade talks...why wait a month...
ffs...isnt it imprtant enough to talk NOW....theyre all playing ducks and drakes....
Looks like its USA verus China, Russia, Iran...etc etc....
But I guess it always was...
Thats why the US has 400 military sites all over the world....
Whats happens to them when the empire crumbles.....