Why the world is rooted.

[billy the kid]

Any purchase of those scooters should have a compulsory mini skirt dress code..otherwise not for sale...
But I was thinking more of the green scooters the snowflakes ride these days in preference to skateboards....
Perhaps they should be sold with a compulsory dress code also....daisy dukes...….

[billy the kid]

https://www.zerohedge.com/news/2019-07- ... rket-crash

Boeing is the largest component stock on the Dow Jones at 11.6% weighting on the index...
That means the potential for unbalancing the market is huge...
Who is going to bail Boeing out...the Fed...not likely...this would be a bit different
to the GM bailout.....just a little....
Think of the compensation outstanding for lost profits for airlines that have their
planes grounded....
Who is going to buy Boeing now....
Boeing could be the first domino that falls...although we could still look at Deutsche Bank,
HSBC and GE.....my moneys still on DB.....
Have a great weekend everyone....

[billy the kid]

https://www.zerohedge.com/news/2019-08- ... t-out-ammo

Australia in the news again....
Dalio says that when you go to zero rates you cant stimulate.......the mind boggles....
And while Lowe and the rest of the muppets dilly dally...Australian Bank derivatives sit at $45 trillion....
These are bank bets collateralized by our deposits…..we need Glass Steagall badly...very badly....
The mind boggles..... again......
Negative rates are coming in Australia....
The mind boggles......once more......

[billy the kid]

https://www.zerohedge.com/news/2019-08- ... ion-threat

Goodbye Donald....

[Nom De Plume]

Good bye Europe

https://wolfstreet.com/2019/08/21/how-n ... e-economy/

[Nom De Plume]

The US will say... So long Trump when the looming US recession hits.

https://schiffgold.com/peters-podcast/p ... -on-trump/

[Nom De Plume]

"Well, I think he’s going to get lower interest rates, but it’s going to be because the economy is in a recession, which is not something that Trump wants. In fact, it’s going to work very, very much against him, especially if he tries to run for reelection in 2020 because I don’t believe that the Fed’s policies will be successful in getting the economy out of the recession. I think they’ll help put us into a depression, which may not fully take hold until the socialists come into power in 2021. But I do think we’ll have an inflationary recession that will only be exacerbated by the Fed’s attempt to reflate the bubble by going back to zero and doing more QE. I think that it’s going to have a big impact on the dollar and therefore the cost of living, so it will be not stock prices or real estate prices that go up like they did last time, but food prices and energy prices. So, it’s going to be a very, very difficult economy and obviously, that’s not what Trump wants after claiming credit for what he called the biggest boom in US history, which wasn’t even close to being true.” Peter Schiff

[billy the kid]

AND here I was thinking Im just being negative...
Trump will not be re-elected in 2020 due to the recession...
Commentators are saying that no president has ever been elected in a recession.
The economy in the US will cause his downfall...the media will blame Trump...
They have been gunning for him since day one....
Ive always been of the opinion that the US never actually recovered from the GFC...
With one person in seven on food stamps in the US and a large percentage of Americans
not having $1000 in their pocket in case of an emergency, the recession will become "official"
before the 2020 election.....I think its always been there...just not recognized...
With negative interest rates on the way worldwide...the shits really going to hit the fan soon....
AND the politicians in Australia will lie to their back teeth and tell us "she'll be right mate..."
OR maybe.."we're getting on with the job....blah blah blah...."

[Nom De Plume]

Watch out Australia: There's a flood of dismal economic news on the horizon

The Australian economy is in trouble and Scott Morrison and the Liberal Party government need to come clean and acknowledge this and outline a framework how this period of economic funk is to be addressed if they win the 18 May election.
The Liberal Party is campaigning in the election on a “strong economy” and being “good economic managers”, bold claims that fly in the face of the latest score card for the economy.
That scorecard shows a flood of what is, frankly, disappointing or even dismal economic news.
Australia is going through a very rare recession in per capita GDP terms and last week saw data showing zero inflation in the March quarter. Contribution to these indictors of economic funk is the fact that well over half a trillion dollars of householder wealth has been destroyed as house prices have tumbled.

https://au.finance.yahoo.com/news/watch ... 10783.html

[Black Orchid]

House prices can afford to tumble a lot more in Sydney.