Financial topics

[Higgenbotham]

John wrote this on September 23, 2007. The recent Fed hyper activity reminded me of this.

What happens next?

Let me return to an analogy that I've used before.

Imagine the world economy as a huge mansion, blown up into a huge bubble. For several months now, pieces of that huge mansion have been breaking off and falling into the ravine. Examples of "implosions" are: Bear Stearns' hedge funds, Countrywide Bank, Sentinel Management, and Northern Rock bank in the UK. According to the mortgage lender Implode-o-Meter, the count of major U.S. lending operations that have "imploded" since December is now up to 159.

Maybe the stock market crash would have occurred by now, as it had at this point in the 1929 cycle, but there's something very different today that wasn't true in 1929.

The Fed and other central banks are running around the mansion with hammer and nails, patching things up as fast as they can, trying to keep ahead of things -- and they're being pretty successful at that. Last week's interest rate reduction by the Fed was a particularly big wad of glue and nails.

But it can't work for much longer. The price/earnings graphic near the beginning of this article tells you so. The stock market is overpriced by a factor of 250% or so. Wads of glue can't fix that.

This is the Principle of Maximum Ruin that I've discussed many times in the past. The longer the crash is delayed, the worse it will be. In time, the world's financial officials will see to it that the maximum number of people are ruined to the maximum extent possible.

All the advances in economics and macroeconomics that we've learned since 1929 really haven't done anything useful except provide for new and clever ways of applying glue and nails. But sooner or later, the entire mansion has to collapse and fall into the ravine.

So, to Bob and others, I say to you, take another look at that price/earnings graphic at the beginning of this article, and think about what it's telling you. Is it telling you that "nothing can kill this market," as you claim? Is it telling you that "it's different this time"? If so, then just keep pouring your money into the bubble.

But if it's telling you, as it's telling me, that the P/E index is soon going to start plummeting down below 10, as it has several times in the last century, most recently in 1982, then you'd better take your money and run for the hills.

From the point of view of Generational Dynamics, there's no doubt whatsoever: We're headed for a generational stock market panic and crash. Really, we have different names for things today, but the underlying basics today are no different than they were in 1929. (23-Sep-07)

[aedens]

I agree with the clear facts of the analogy in earnast he forwarded. I would consider also in plain terms the targeted to consolidate
the base. If you sift the bent of minds of the targeted for removal it was not a benign selection feature of removal either.
To be clear it was and is a selection feature given the Houses bent of mind in historical terms. We clearly demonstrated here
the clutter from the noise on what was coming and moving up the food chain indeed in simple terms of Economic History.
Look at the process that was and is underway. Some fragility aspects was removed only to replace it with another feature
that early in the process that it was identified. Is there one super structure coming down? No in simple terms since it was
never constructed that way in the first place.

[Higgenbotham]

They infused dead and bankrupt companies with fiat and called it earnings but nothing changed except that, "In time, the world's financial officials will see to it that the maximum number of people are ruined to the maximum extent possible." And they have.

[aedens]

They infused dead and bankrupt companies with fiat and called it earnings but nothing changed except that, "In time, the world's financial officials will see to it that the maximum number of people are ruined to the maximum extent possible." And they have.

http://www.whale.to/b/mullins47.html

The Constitutional guaranty of the right of assembly was never intended as a license for illegality or invitation for fraud

http://sierraclub.typepad.com/planet/20 ... -envy.html

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

As we noted earlier concepts adapt to the same results...

"higher social values" as we discussed ealier and the date on that program....

Now here is the other side of the coin and the current press release today from the sierra club.
To punish all for the one. This was in direct context for a CO2 pipe to be constructed since we have already been the crash test dummy on
over 680000 drill sites filled with toxic frack materials. It is about time "stalling" or to be clear about
the leverage to make sure we cannot stop importing heavy and light carbon materials just as sure as the single pass through exports
crudes as products for the select. Some one needs time "spot contracts" and that was provided as a cost input since Ukraine was fragemented for
euroPEON fixed cost labor pool.
http://signalinea.com/keeping-frackable ... -is-about/
They act as they do and WHO OWNS THEM. Follow the events in Ukraine and who is doing what and why we know already.

http://www.rawa.org/temp/runews/2010/05 ... -wars.html

All wars are bankers' wars. This one is what is under the dirt not what is piped through it. Make no mistake about that at all.

http://gdxforum.com/forum/viewtopic.php ... 650#p23384 http://www.longtailpipe.com/2014/02/us- ... aulic.html

"And thus I clothe my naked villainy
With odd old ends stol'n out of holy writ;
And seem a saint, when most I play the devil." ws

[aedens]

AllAfrica.com:

Sadly, the very existence of the people depends on the environment, which is being destroyed with impunity due to oil and gas activities, crude oil thieves and illegal refinery operators.

This is what the World looks like when you let the energy companies "regulate themselves."

Local:
Unlike our monstrosity solid copper and polished granite cathedral for the priveledged working class surrounded by a goddamn fucking ghetto. The tentacles keep reaching..........you can follow the destruction clear out into the rural areas now.
Complete no less with 2 large offices with a bunch of fucking idiots that do nothing but send out tax bills and collect them.
And so you don't have to drive across the county they were nice enough to build a $500k metal fucking shed and hire 6 more government stooges to assist you with taking your money. n

[aedens]

Finger nails and chalkboards of the actual cults of personalitys http://www.rense.com/general84/brck.htm

http://www.vnews.com/opinion/10901481-9 ... irrelevant

As we all know we wait since there are no accidents. Secure means of local networks.
The calvalry is not coming. May as well attach leeches to cure the induced malaise.

[aedens]

They infused dead and bankrupt companies with fiat and called it earnings but nothing changed except that, "In time, the world's financial officials will see to it that the maximum number of people are ruined to the maximum extent possible." And they have.

http://landdestroyer.blogspot.be/2014/0 ... nting.html

Proxy blowback. primary brokers

Another destitute, desperate farmers and creating an ad hoc farm-to-city market to put cash from consumers directly into the hands of farmers as opposed to the corrupt middlemen Others would be wise to follow his sage example not just in Thailand, but around the world.

As we seen early the removal process of silent war parasites will cost dearly. Funny thing about math and science you cannot change the ballistics angle of murder for intent. In time they will figure out the actual Christians never where the problem. We will plant again to allow a free market to serve others.
Like before we will make a private contract so some souls can seek other work on the simple transaction of our daily bread. The petri dish is overflowing
indeed since malice and ignorance are never far removed from each other. Only one condition can be cured.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

[at99sy]

http://www.vnews.com/opinion/10901481-9 ... irrelevant

A this is our local newspaper The Valley News. How did you happen to come across it?

cheers

sy

[aedens]

a zombie told me http://www.spiegel.de/

[aedens]

faded four positions, opened one. The wasting process has caused some open wounds H.
Printing will not fix it either as they know. As we seen early here the yen will go on a equity spree.
Yahoo that will fix things...
http://www.zerohedge.com/news/2014-04-0 ... ll-trigger

Alot dry brush and short viewed traders with sparklers for me for now. In theory that makes me somewhat
shorter in ratio than before. No reason not to sell into this and watch trannies and bio crumble for a base.

My thought is these neo cons lunatics have not starved enough to maintain empire other than the blatant
theft of crops we reported boiling over as we speak. I was going to forward the usual lame stream press release
on the problem but it would of insulted an 8th grader of what is today.