+- +-


Welcome, Guest.
Please login or register.
Forgot your password?

+-Stats ezBlock

Total Members: 43
Latest: Heredia05
New This Month: 0
New This Week: 0
New Today: 0
Total Posts: 11313
Total Topics: 250
Most Online Today: 16
Most Online Ever: 52
(November 29, 2017, 04:04:44 am)
Users Online
Members: 0
Guests: 2
Total: 2

Author Topic: Money  (Read 5678 times)

0 Members and 0 Guests are viewing this topic.


  • Administrator
  • Hero Member
  • *****
  • Posts: 17984
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
Re: Money
« Reply #450 on: November 01, 2018, 12:23:13 pm »
Agelbert NOTE: Posted WITH the following comment: Mish is a Libertarian. :P  This clouds his thinking somewhat.   He is the sworn enemy of all things Socialist. 👎 He is an unapologetic, White Privileged Capitalist who will spout, on cue, all the bigoted talking points as if they were obvious mathematical axioms of irrefutable truth  ::). He even supported the Kavanaugh Criminal for the Supreme Court!

IOW, he is an unapologetic greedball. 👎

Nevertheless, I respect the fact that he does not try to hide that with a rhetorical guise of fence straddling objectivity.

All that said, Mish has enough objectivity 👍 in regard to macroeconomic financial affairs to see the real, now imminent, dangers caused by the Ponzi Bubble-nomics world system prevalent for the last decade. Therefore, I provide this quote (Agelbert is guilty of the RED ► color on some Mish identified Potential Catalysts and the smileys, of course. 😀) for the benefit of those objective readers who do not have their right wing head up their Fascist Government Enabling ass.

Mike 'Mish' Shedlock

It's been about 10 years since the last financial crisis. FocusEconomics wants to know if another one is due.

The short answer is yes. In the last 10 years not a single fundamental economic flaw has been fixed in the US, Europe, Japan, or China. The Fed was behind the curve for years contributing to the bubble. Massive rounds of QE in the US, EU, and Japan created extreme equity and junk bond bubbles. Trump's tariffs are ill-founded as is Congressional spending wasted on war.

Potential Catalysts

Junk Bond Bubble Bursting

Equity Bubble Bursting

► Italy

► Tariffs

► Brexit


► Housing

► China

Many will blame the Fed💵🎩🍌🚩. The Fed 😈 is surely to blame, but it is prior bubble-blowing policy, not rate hikes now that are the problem.

It does not matter what the catalyst is actually. And there might not be any catalyst other than simple exhaustion: The pool of greater fools in stocks, bonds, and housing simply ran out.

Regardless, I expect all eight of the above discussion points to be in play when the crisis does hit.


Leges         Sine    Moribus     Vanae   
if it has not works, is dead, being alone.


+-Recent Topics

End Times according to the Judeo Christian Bible by AGelbert
January 20, 2019, 01:09:31 pm

Global Warming is WITH US by AGelbert
January 15, 2019, 08:51:55 pm

Corruption in Government by AGelbert
January 15, 2019, 06:56:39 pm

Hydrocarbon Crooks Evil Actions by AGelbert
January 14, 2019, 07:05:57 pm

War Provocations and Peace Actions by AGelbert
January 14, 2019, 12:31:46 pm

Key Historical Events ...THAT YOU MAY HAVE NEVER HEARD OF by AGelbert
January 13, 2019, 06:10:10 pm

Electric Vehicles by AGelbert
January 13, 2019, 02:12:44 pm

Money by AGelbert
January 12, 2019, 05:00:03 pm

Non-routine News by AGelbert
January 12, 2019, 02:42:21 pm

Photvoltaics (PV) by AGelbert
January 12, 2019, 12:29:46 pm