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Rates are rising. We just hit 3% on the ten years. If rates bust through that and get out of hand, servicing the debt loads at the corporate level is going to get ugly. There’s more than a good reason to think that the stock market could truly roll over.
Given Washington’s permanent war policy, its long history of breaching agreements reached, its hostility toward all sovereign independent countries, it takes a giant leap of faith to believe it’ll turn a page on North Korea for peace on the peninsula.
We had a market that had run up for 9 years. We had valuations at nosebleed levels. We had people that didn’t sell in 2017 so they wouldn’t have to pay taxes on it in 2018. Some decided it was time to book profits. We had a lot of reasons for a correction to hit. And, hit it did.
So we'll also have to point out Google's own repeated violations and abuses of users’ privacy, and how, despite all the creepiness emanating from Facebook these days, Google still manages to find ways of being way creepier in its privacy invasions.
This is the real "nuclear option." Not the fiery explosion of economic Armageddon, but the slow and painstaking creation of an alternative system
Do you think there might be some similar shenanigans going on with this petrodollar "alternative?" If so, then might I just say you are an extremely jaded and skeptical person. You are also correct, so give yourself a cookie.
Let's just say I'm not holding my breath for China to swoop in and save us from the New World Order agenda anytime soon.
if there is a bright side, is that this incident probably won't lead to WWIII. Directly. Yet. But it is one more step along the path to outright conflict. And however much some might take solace in the fact that this is all a stage show between two sides that are being controlled by the same deep state forces...
I don’t believe Trump wants war with anyone. I really don’t. But he stepped into a position that’s been created and maintained by war hawks for years on end. Afghanistan, Iraq, Vietnam, Syria, Lybia, you name it, and the Military/industrials love it.
... the writing is on the wall: The neocons in charge of the American war machine have chosen India to be their next best hope for a potential roadblock to Chinese dominance in Asia, and they're re-naming the entire region just to prove it.
... let me tell you how delighted I am at your intimate knowledge of internal banking regulatory systems and the SWIFT protocol in general. And you're exactly right. This is where the story gets interesting.
So, what are we left with? A state-issued scam coin that is not "backed by oil" but by the government's willingness to accept it for taxes and "services". It will help Venezuelan tax collectors track down every transaction in the country's digital economy.
As always, the people know that the markets are rigged, that the dollar is a paper promise with nothing to back it up, and that the central bankers and their financier cronies are not the "Wizards of Wall Street" but the "Wizard of Oz," i.e., little men behind a curtain desperately trying to distract the public with their hocus pocus parlor tricks.
No matter where we look, we see it. The media lies, the politicians lie, the markets get rigged, and we’re left to try and navigate through this mess. It gets frustrating. You find a stock that should be trading considerably lower. Their balance sheet stinks like 5 day fish.
So Flynn pleads guilty to making false statements and the Judge accepts the plea. But then shortly after that judge was taken off the case, with no public reason given. But wait this all gets better. Really.