Financial topics

Investments, gold, currencies, surviving after a financial meltdown
aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Last week, Nielsen described how human traffickers are operating "child recycling rings" to trick US Customs and Border Protection into letting people into the country.
https://www.zerohedge.com/news/2019-04- ... ign-report

John
Posts: 11478
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: Financial topics

Post by John »

** 07-Apr-2019 Inflated credit score ratings

We've had falling SAT scores offset by increasing college grade
inflation.

Now we've also had falling ability to pay off debts, offset by
increase credit score rating inflation
> "Consumer credit scores have been artificially
> inflated over the past decade and are masking the real danger the
> riskiest borrowers pose to hundreds of billions of dollars of
> debt.

> That’s the alarm bell being rung by analysts and economists at
> both Goldman Sachs Group Inc. and Moody’s Analytics, and supported
> by Federal Reserve research, who say the steady rise of credit
> scores as the economy expanded over the past decade has led to
> “grade inflation.”"

https://www.bloomberg.com/news/articles ... real-risks

John
Posts: 11478
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: Financial topics

Post by John »

** 07-Apr-2019 Chile vs Chili

I receive all sorts of weird requests and spam messages.
Here's one I just received:
"Dear Editor,

My name is Jean and I’m the Editor at Jen Reviews. I was doing
research on chili recipes and just finished reading your wonderful
blog post:
http://generationaldynamics.com/tftarch ... -00096.htm

In that article, I noticed that you cited a solid post that I’ve
read in the past: https://en.wikipedia.org/wiki/Chile

We just published a delicious bacon and chili baked beans recipe
complete with step-by-step pictures and detailed instructions. You
can find it here: https://www.jenreviews.com/baked-beans/

If you like the recipe we’d be humbled if you cited us in your
article. Of course, we will also share your article with our 100k
newsletter subscribers and followers across our social platforms.

Either way, keep up the great work!

Warmly, Jean"
I don't know how old Jean is, but I'm always making fun of
millennials that can't find China on a map.

Well, here we have someone who claims to be an expert on chili
recipes, but doesn't know that there's a difference between
Chile and chili. Amazing!

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

This is interesting and I agree with the premise and the analysis. It was my opinion that 2005-2006 would be a multi-century top in the economy and stock market. His count and comments explain the distortion. Not that I agree with what he has going forward, but it seems possible.

https://worldcyclesinstitute.com/elliot ... ral-banks/

Going forward, the only hard prediction I have (and what I disagree with in the above link) is that the stock market will not return to its approximate 1974 low, then recover. It will go to zero. How it will get there I'm not sure (in other words, whether a new all time high might be made before it happens). The reason it will go to zero is the QE programs zombified the economy to such an extent that it will never recover in its present form. Instead, there will be a new dark age.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »


aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

http://normanfinkelstein.com/2019/04/02 ... -us-today/ Pissing in a political camp fire as the flyovers decend into darkness. We already know the seal has been delivered and Mr. Nimby knows who sent it.

http://gdxforum.com/forum/viewtopic.php ... 480#p45012

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

But the two fatal crashes, one last month in Ethiopia and the other in October in the Java Sea, both of which appear to have been caused by design flaws in an American aircraft, have put a spotlight on how the US certifies planes; the potential conflict of interest between Boeing and the FAA, which allowed Boeing to help certify its own planes; Boeing's relationship with President Donald Trump; and the reputation of the US as the model for aviation safety.
Below from 2011. On we roll. OLD1953 is referring to the GE reactors that blew in Fukushima. I guess the difference with Boing (sic!) airplanes is the consumer can refuse to fly on them, whereas the consumer has no direct say over the nuclear industry.
Higgenbotham wrote:
OLD1953 wrote:I read the news on those reactor construction issues several days ago, and it does open a can of worms for Japan, especially since the engineer in question was breaking open the entire scandal several years ago. It well illustrates why you should not allow government agencies to become captive to the industry they are supposed to regulate. Japan's nuclear regulatory group has been captive of the industry since it was created. This has allowed a host of problems at Japan's nuclear plants to be swept under the rug.
Long ago, I worked as a regulator for 8 years in an engineering capacity with a state agency (federally delegated program). I would say it was the most difficult and distasteful job I've ever had. Being a regulator is fine I suppose if you want to spend your days doing your laundry or watching porn, but to do the work is a nightmare as currently structured.

In most cases, the industry, which is where the technical expertise lies, actually writes the regulations. I can't vouch for the fact that the nuclear industry operates that way, but I can vouch for many others. This comes as a shock to most people (I don't know about the people here; maybe you know) and creates a host of problems, such as stifling competition, as the regulations are often written so as to be too specific or cumbersome for less able (ie smaller) competitors to implement. An easy to understand example would be the landfill industry. Notice how there are no longer any city dumps or small trash collectors nowadays, but rather Waste Management, Browning-Ferris and maybe one other. Any landfill constructed today has many highly technical and costly operations on site such gas collection systems, energy plants and particulate monitors.

Most regulatory agencies are set up nowadays in such a way that a politician has control of the agency and the head of the agency is appointed by the politician. In no way do these people understand the regulation, nor do they want to. The government employee who has the responsibility of ensuring compliance is faced with the possibility of triggering a phone call from the regulated entity's attorney to the politician's office if he attempts to enforce the regulation, which is usually a black and white proposition (either the entity is in compliance with such and such regulation or it is not). Most employees end up spending a large percentage of their time and effort trying to determine what is politically OK to do or not do so as to not offend the regulated entity and become a thorn in the politician's and his appointee's sides. Employees who are unable to master this fine art of accumulating "beans" while not really doing their jobs are subject to smear campaigns from law firms hired by corporations for that purpose or insane internal bureaucratic tortures. Employees are told by agency lawyers that certain entities have a pipeline to the politician's office and that smear campaigns are a fact of life and to live with it. That type of thing can include, for example, one instance I heard about (from an ex-management person - did not witness myself) where a former employee had information placed in his file indicating that he was a homosexual who frequented gay bars.

To get an idea of what that really means, two cases that come to mind are David Graham (FDA) and Sibel Edmonds (Homeland Security). For the cases that never see the light of day, it can be worse. I know one guy who ended up mentally disabled from years of such abuse and the state currently pays him several thousand dollars per month plus his medical, and this settlement was given to him without the aid of any legal representation on his part - the state lawyers determined the settlement and gave it to him.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Kitten grow up to be Cat.
https://www.youtube.com/watch?v=0jt8UxPtzEE
http://gdxforum.com/forum/search.php?ke ... sf=msgonly
http://gdxforum.com/forum/search.php?ke ... sf=msgonly
we warned you it was never about color

For instance, did you know that the U.S. government has been buying hundreds of dogs and cats from “Asian meat markets” as part of a gruesome experiment into food-borne illnesses? The cannibalistic experiments involve killing cats and dogs purchased from Colombia, Brazil, Vietnam, China and Ethiopia, and then feeding the dead remains to laboratory kittens, bred in government laboratories for the express purpose of being infected with a disease and then killed.

It gets more gruesome....
https://www.fff.org/explore-freedom/art ... a-monster/

https://en.wikipedia.org/wiki/Der_Untertan
Last edited by aeden on Mon Apr 08, 2019 1:36 pm, edited 2 times in total.

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Financial topics

Post by Tom Mazanec »

Banning Buyouts would crash Market:
https://www.zerohedge.com/news/2019-04- ... dman-warns
Deleveraging? We don't need no steeeking deleveraging:
https://realinvestmentadvice.com/what-d ... k-records/
Midnight in the land of the Rising Sun
https://www.zerohedge.com/news/2019-04- ... -persisted
Silver lining for the dark cloud?
https://nypost.com/2019/04/06/wall-stre ... it-crunch/
What if zero interest is permanent?
https://www.gulf-times.com/story/628111 ... new-normal
Is Europe the next Japan?
https://www.bloomberg.com/news/articles ... be-worried
Ray dalio - American Dream over:
https://www.zerohedge.com/news/2019-04- ... e-reformed
No deal Brexit means Lehmanization of Europe:
https://news.goldcore.com/ie/gold-blog/ ... of-europe/
U.S. factory orders fall again:
https://www.marketwatch.com/story/us-fa ... 2019-04-08
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

https://twitter.com/EconguyRosie/status ... 96/photo/1

https://www.youtube.com/watch?v=4-ei_ayqyq0
And violence in all kinds of deeds increase, And apostasy and transgression and uncleanness increase
A great chastisement shall come from heaven upon all these
And the holy Lord will come forth with wrath and chastisement
To execute judgement on earth.

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