Financial topics

[aeden]

https://www.lifesitenews.com/blogs/glob ... reat-reset

resources will be funneled and are
serf are not allowed private commerce

This would mean allowing non-compliant businesses to die.

snowballing

The risk of carrying out our duties is no longer acceptable to us and our families," the officers wrote,

smart officers

they mocked us about releasing a criminally insane upon us

i stood watch over my family

phase four is here and bish zones are doomed

[Higgenbotham]

** 14-Jun-2020 World View: Great Depression

> I think in the Greenspan years the seeds were sown for a severe
> depression. Greenspan once admitted that his policies would either
> bridge the depression or result in the worst depression ever. I
> think we all believed here back in 2008 that regardless of what
> Bernanke had done from the time he was appointed (in 2006), there
> would be a severe depression at a minimum.

As you know, I have a very different view. The seeds for the next
depression were sown in the late 1990s, when a huge bubble developed
and the P/E ratio went far above the historic average of 14, and has
never come down since. It's still astronomically high today (26.28 on
Friday).

I think I understand your (and Vince's) view on the Depression. That view is regardless of what the Fed did between the late 1990s and now, there will be a Depression and its magnitude will be approximately the same, but it will just occur later. Is that right? If the target for the ultimate low in the Dow was some percentage of the trend line, it remains approximately the same percentage of the trend line regardless of how long it takes for the Depression to materialize or by what manner and how long the Fed holds it off.

I also remember a discussion a few years ago where you said that the longer the Dow is above the mean reversion line (what I referred to above as the trend line), the longer it would stay below the mean reversion line in the future in order to balance out the area above and below.

A consistently rising mean reversion line implies that population plus productivity growth remain approximately constant over a long period of time. I would note that the proliferation of zombie companies kills productivity growth (there is a direct correlation), so the greater the percentage of zombie companies, the more productivity growth is reduced long term. And we know the birth rate has collapsed over the past few years to a record low. I attribute the collapse in the birth rate to Bernanke's policies, but whatever it is attributed to still points to the fact that unless the economy recovers population growth is likely heading negative, following Japan and other countries.

[aeden]

You may be on it there H
The gdp is a treadmill anyways.
Rosa Koire told us what they are after and taxpayers here to to damn stupid to get of the treadmill.

The Alabama State kicked ICLEI out years ago thanks to the persistent public pressuring Councils and Governor
until they caved in through pressure.
They do intend to inventory and control all food, water, energy, humans, minerals, properties and everything else.
These people think work-stock was accidental. tyler
Most of what we take for granted will be removed as 'UNSUSTAINABLE' including motorcars, meat, air conditioning, golf courses
and a list few have even read. They are pure evil and have infiltrated everywhere.

Wait until these damn sheep really wake up as BLM did not matter.
My wife conveyed a few are in her group now are like hand out the crayons to the noise on race issues.
A few we know are sounding the real alarm. Those dipped in bish are convinced breaking local material
even begins to matter on what they are dealing with locally. The older women wish they could switch
some of these dumb kids. Yea some Officers are bad apples dealing with worse many times.
We read about 15 grams of crack and a guy shot in his underwear unarmed also. These are true events so yea fix that.
We seen some local gear we seen in Mosul. We have seen our local officers out gunned for a time also. She was kind enough
to show me a full auto they took from a raid. We are stuck between addicts and not a damn thing shaking other than
reports on Cartel infiltration and NGO filtered dissent.
Colombian marching powder problems redirected a zone Python focus we assumed to date.
A plane here and there shot down from a Venezuelan military drug runners.
http://gdxforum.com/forum/search.php?ke ... sf=msgonly

[John]

** 14-Jun-2020 World View: Helicopter money

> I think I understand your (and Vince's) view on the Depression.
> That view is regardless of what the Fed did between the late 1990s
> and now, there will be a Depression and its magnitude will be
> approximately the same, but it will just occur later. Is that
> right? If the target for the ultimate low in the Dow was some
> percentage of the trend line, it remains approximately the same
> percentage of the trend line regardless of how long it takes for
> the Depression to materialize or by what manner and how long the
> Fed holds it off.

What happened is so incredible that it's almost beyond belief. Milton
Friedman "proved" that the 1930s Great Depression could have been
avoided if only the Fed had lowered interest rates by a couple of
points. That's a totally ridiculous conclusion, but that's what he
claimed, and both Greenspan and Bernanke believed him.

Alan Greenspan in 1996 knew there was a growing bubble, as indicated
by his "irrational exuberance" speech, but decided it would be better
to deal with it later. As you know, I followed every speech that
Greenspan made for years. In 2004, he said there was a housing
bubble, but it was a good thing, because it meant that households had
more money. In 2005, Greenspan began to get alarmed, but he never
admitted specifically that there had been a housing bubble.

Greenspan was bouncing around like a ping-pong ball in giving various
explanations for the housing bubble. In 2006, Greenspan gave a speech
blaming the housing bubble on the fall of the Berlin wall:

** Alan Greenspan blames the housing bubble on the fall of the Berlin Wall
** http://www.generationaldynamics.com/pg/ ... tm#e061025


Meanwhile, Ben Bernanke also believed Milton Friedman's claim that the
1930s Great Depression could have been avoided by lowering interest
rates. He also adopted Friedman's prescription of "helicopter money,"
and the things that you're complaining about are things that he
concluded from Milton Friedman's "proof."

In fact, every central bank in the world has been doing the same
thing, using Milton Friedman's "helicopter money" to save the economy.

It's been 50-60 years since Friedman made his claims. His policies
were put into practice by Greenspan, Bernanke, and many other central
bankers, and all they've done is blow up the global financial bubble
even farther. Now that Friedman has been disproven, you'd think that
the central bankers would give up helicopter money, but they're
trapped, and can't escape, and can only hope that someone else gets
the blame when the bubble bursts.

With regard to your final question, we might say that the Dow will
fall 90%, as it did in the 1930s, no matter what the Dow is at the
time the bubble bursts. That seems like a reasonable assumption, or
at least good approximation, but what's different today from the 1930s
is that the bubble is global, affecting almost every central bank in
the world, and there's no way to tell how that will change things.
(Except that it will certainly lead to a world war.)

> I also remember a discussion a few years ago where you said that
> the longer the Dow is above the mean reversion line (what I
> referred to above as the trend line), the longer it would stay
> below the mean reversion line in the future in order to balance
> out the area above and below.

That, in fact, is the Law of Mean Reversion.

[aeden]

Friday was a head check we did very well Thursday, Monday the coin flip, Tuesday some will pay attention.
Last week was the least liquidity provided we read.

Anyways time for some reads.
We thought the issues last week was a rain drop on a elephants ass to real issues unfolding.
https://www.federalreserve.gov/publicat ... 200612.pdf

https://www.justice.gov/opa/pr/dea-led- ... generaci-n

[vincecate]

Graph showing S&P priced in gold:

http://pricedingold.com/2020/06/14/stoc ... pw5mOqtwwE

[aeden]

Ferguson effect, just ignore them. The PTSD crayon boxes already have a pill for it.
https://www.commentarymagazine.com/arti ... pretation/
Sidesteps the inference of Sabbateans to Dönme. Flynn found out so we see.

https://www.sciencedirect.com/topics/ag ... lamarckism
You can see what that lead to in the book of Hebrews in that 1844 window.

[aeden]

https://www.millennialmillie.com/post/u ... preplanned
what we already knew

[Higgenbotham]

Higg who recoups by mugging bots...

Basically by smashing the bots I just avoided making a margin call and didn't gain much beyond that.

Since early last week, I've been able to get back on track and really pounded the bots today. My break even on this short trade is at a new high, but still not profitable yet.

[aeden]

More care to what these creatures are up to H.
They want to bottleneck and the local government is is drinking the wine of Babylon.
The witless wonders on both sides of the equation are being played we consider accurate now.

https://www.biblegateway.com/passage/?s ... ersion=KJV

https://www.anonymousconservative.com/b ... es2020.png