[MONEY] tick tock, time's nearly up ... “this is a no-brainer”

[Zenaan Harkness]

On Thu, Dec 21, 2017 at 02:46:00PM +1100, Zenaan Harkness wrote:
> On Tue, Dec 19, 2017 at 02:37:59PM +1100, Zenaan Harkness wrote:
> > "All the hallmarks"
> > 
> > "something's gotta give"
> > 
> > "imminent slaughter"
> > 
> > 
> > 
> > 
> > http://www.zerohedge.com/news/2017-12-18/these-are-darkest-hours
> > "These Are The Darkest Hours..."
> > "but reality wants to do its thing regardless of our wishes, hopes,
> > and pretenses, and you can kind of see how these moves taken in the
> > dark waning hours of 2017 will play out in the quickening weeks of
> > 2018"
> > "The addiction metaphor does apply to America. We are simply addicted
> > to our own bullshit."
> > "The smoldering wreckage of The World’s Highest Standing of Living
> > will be visible in a 360-degree panorama"
> > 
> > 
> > 
> > 
> > http://www.zerohedge.com/news/2017-12-18/730-2-days-meet-big-data-ai-blockchain-fintech-mania-stock-year
> > LFIN Crashes After-Hours When CEO Admits "We Don't Deserve
> > This Market Cap"
> > 
> > "LFIN had a market cap over $10 billion at today's highs"
> > "all bets are off"
> > "After its 7th halt of the day, LFIN reopened and instantly collapsed
> > by over 50%"
> > "now up over 500% today"
> 
> 
> 
> For those considering BTC their post apocalyptic saviour, consider
> possible consequences of the actual, real live USD collapse looming
> right around the corner:
> 
> For example, let's say the 1929-levels of stockmarket bullishness
> seen in the DOW etc today, turns into a 1929-level bear stampede ...
> into BTC? As in, TX at up to weeks, and then you have thousands of
> brokers piling in to BTC as it stands, and TX grinds to a many months
> halt?  Perhaps BCH or ETH will fare better?
> 
> Regardless, things are gonna change ... some chickens are close to
> coming home to roost¦‖⦂:
> 
> 
> America Is Beaten - and the World Knows It
> http://russia-insider.com/en/america-beaten-and-world-knows-it/ri21928?ct=t(Russia_Insider_Daily_Headlines11_21_2014)&mc_cid=b6374d2770&mc_eid=5110f4b440
>   …
>   “It is always about debt. When nations take on a central bank, and
>    all central banks are foreign owned, all controlled by the
>    Rothschild family, their institutions crumble, the family,
>    religion, their government, the courts, their media, all are
>    targeted.”
>   …


Tick. Tock.  Did I mention tick tock?  Q4 2018 is looking exciting,
for “all hell breaks loose” values of exciting :) (not sure how to do
a chagrined grin in emoji).



https://www.zerohedge.com/news/2017-12-29/greatest-bubble-ever-why-you-better-believe-it-part-1
The Greatest Bubble Ever: Why You Better Believe It - Part 1

 …In the first instance, the market is not merely complacent; it is
 insouciant-----indulging in an eye-wide-shut orgy of recklessness
 that truly has no parallel, not even the mania of 1927-1929.

 That's implicit in Wall Street's dismissal during 2017 of two
 fundamental policy messages that emerged from Washington
 officialdom. These signals strike at the very heart of the current
 stock market mania and scream-out "rising yields ahead" to a casino
 that has "priced-in" ultra-low interest rates as far as the eye can
 see.

 To wit, the Fed is now on automatic pilot---set to drain cash from
 the canyons of Wall Street at a $600 billion annual rate by Q4. At
 the same time, the political goulash known as Trumpian government
 has thrown fiscal caution entirely to the winds, and has essentially
 now enacted the most asinine fiscal borrowing spree known to
 history.

 As we have recently pointed out, ground zero of the impending bond
 market conflagration is FY 2019, which incepts exactly 276 days from
 now during the same window of time (Q4) as the Fed hits full stride
 on its bond dump-a-thon. Yet on top of CBO's most recent but now
 obsolete FY 2019 deficit deficit projection of $700 billion, the
 Trumpian GOP is adding $200 billion for defense, disasters, border
 control, ObamaCare insurance bailouts and other domestic boodle; and
 on top of that, now comes its vaunted front-loaded tax cut, which
 will rip $280 billion out of Uncle Sam's revenue collections in the
 same year.

 Then, throw in $100 billion extra for interest on the higher debt
 and off-budget borrowing (e.g. $80 billion for student loans). What
 you get is Uncle Sam fixing to sell $1.28 trillion of debt---equal
 to 6.2% of projected GDP---at the same time the Fed is dumping
 another $600 billion of existing treasury and GSE paper.

 Folks, they most assuredly did not repeal the laws of supply and
 demand.
 …