+- +-


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

+-Stats ezBlock

Total Members: 51
New This Month: 0
New This Week: 0
New Today: 0
Total Posts: 14476
Total Topics: 265
Most Online Today: 4
Most Online Ever: 201
(December 08, 2019, 11:34:38 pm)
Users Online
Members: 0
Guests: 0
Total: 0

Author Topic: Money  (Read 9061 times)

0 Members and 0 Guests are viewing this topic.


  • Administrator
  • Hero Member
  • *****
  • Posts: 31411
  • Location: Colchester, Vermont
    • Renwable Revolution
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.


Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


+-Recent Topics

December 14, 2019, 06:59:49 am

Creeping Police State by Surly1
December 14, 2019, 06:55:14 am

Non-routine News by Surly1
December 14, 2019, 06:52:05 am

Doomstead Diner Daily by Surly1
December 14, 2019, 06:42:28 am

1984 by George Orwell: Crash Course Literature 401 by AGelbert
December 13, 2019, 10:10:28 pm

Carbon Neutral Buildings by AGelbert
December 13, 2019, 07:59:14 pm

BREXIT by AGelbert
December 13, 2019, 06:54:11 pm

Apocalyptic Humor by AGelbert
December 13, 2019, 05:29:11 pm

🚩 Global Climate Chaos ☠️ by AGelbert
December 13, 2019, 05:25:40 pm

2020 Presidential Election by AGelbert
December 12, 2019, 11:01:53 pm