Showing posts with label collapse. Show all posts
Showing posts with label collapse. Show all posts

A Trillion Here, A Trillion There

A Trillion Here, A Trillion There - Tyler Durden
A Trillion There, A Trillion Here - Ben Bernanke

Is Bernanke quoting ZeroHedge?  If so, it's probably against the will of his conscious mind, at least that's what his face made it look like.  I'll try to find a youtube of it when this cspan feed wraps up

VIDEO

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Link to Debts

Students Are In Debt.  LINK

Educator who is proponent of debt system see students revolt.  LINK

Home owners are in debt.  LINK

Jefferson County Files Largest Ever Chapter 9 Filing  LINK

Italians are loosing control of their sovereign debt.  LINK

"Italy is finished"  LINK

"Italy sparks market bloodbath."  LINK

Portugal is in trouble with debt too.  LINK

So are the rest of the PIIGS.  LINK 

USA on the cusp of the point of no return.  LINK

MF Global is also in debt, and has been stealing investor money for a while now to cover it up.  LINK

MF Global Collapse causes investment in "safe" US.  LINK

"Corzine Lawyers Up"  LINK

Here are some of the world's biggest sovereign debtors.  LINK

This all has something to do with "The Decade Wall Street Went Insane", but more to do with monetary theory.  LINK

China displeased with its debt slaves.  LINK

America is bailing out rich people all over the globe trying to preserve the monetary system status quo.  LINK

Foreigners sell record amount of US Bonds.  LINK

Norway joins in US debt selling.  LINK

China refuses to bailout Europe.  LINK

Risks of debt contagion in Europe.  LINK

"Europe Goes Full Bailout Retard: EFSF"  LINK

Demand for EFSF paper plummets.  LINK

Indebted consumers are seeing their confidence plunge.  LINK

"The Beginning Of The European Endgame"  LINK

We were wondering if Europe would get their debt organized "in time".  LINK

Europe then wallows in "unsolvable problems".  LINK

"U.S. Debt Day of Reckoning Is Coming"  LINK

"US Monetary Policy - Disharmony and An Unbroken Will to Plan"  LINK

"A Key Lesson From Iceland"  LINK

"Greek Referendum a Sign of Democracy Flourishing?"  LINK

Markets Slump on News of Referendum.  LINK

Will Greece Pull an Iceland?  LINK

Papandreou resigns.  LINK

The True Intrinsic Value of Euro 'Money'" LINK

"L'orrore, L'orrore"  LINK

Link to Post: The Bernanke's "Magical Powers"

More on the Bernanke box.

From Zerohedge:

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Zerohedge also has this short explanation of the differences between now and 2008.

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The Parabolic Twitch: 1500, 74, and 47?

Things curving in a familiar, calculousy, sort of way.

Gold has passed 1500 and on a longish (5 years or so will do, but more does not hurt) time-line its gains are going parabolic in terms of USD.

The USD Index (DX) has taken a decided twitch downwards lately trying to cross 74, and actually doing so by 0.02 on Friday.

Silver is at 46.5, 47.5?  It is apparently debatable.  Sign of the times?  Following the shape of gold?  More like leading the way, at least intellectually.

Seems like about the right time for everything to accelerate in those directions.  Interest rate pandering is unlikely to influence nuanced reality as much as might be hoped by those responsible for it.  These are not the only places where this parabolic action is going on, from Dollarcollapse.com "Inflation Watch: They are Capitulating".

Link to Post: Why Physical and not ETF's?

In case you have not be paying attention to the possibility that most Silver ETF's fail to hold an appropriate amount of physical silver, here is a bit of a summary and some of the latest news.  Is COMEX complicit in this fraud?  Most probably.

LINK TO POST

Link to Chart: You can not have a monetary collapse without a collapsing currency.

Jesse's Cafe Americain put this chart of the USD up a bit ago and I figured it fit the theme so I am posting a link to it here.  I would not go so far as to call it "very long term," but it makes a good point.  "Batten the hatches, stash the wenches, fornicate your gold, walk the capitalists off the starboard plank and the socialists off the port tis to be a volitle ride matey!  Sanction your sovereign or have it done for you."

LINK TO CHART

Link to Post: Zero Hedge Guest Post: Bernanke's QE^X Box

There have been a lot of articles lately on how Bernanke will decide on the issue of extending QE.  Gordon T. Long, of Tipping Points, goes above and beyond in explaining that Bernanke is constrained from a variety of angles, forcing him down a middle path, though a middle path which still screws everyone except the very top of plutocratic high society.  Interest rates and the value of the dollar are at odds, to save one destroys the other and results in inflation or requires a near impossible monetary contraction.  Additionally, it also goes on to say that Bernanke will be as vague as possible at the end of month press release while attempting to head fake higher interest rates while planning more QE, which I agree will be his method.  The cake is already baked, everyone gets a bite.

LINK TO ARTICLE