- Anthony Haldane, Bank of England, July 13, 2014
"This could go either way, so I'm ALL IN. I know Central Banks won't let me down. Much more"
-22%
"They printed money and traded worthless stocks back and forth while the economy imploded. They called it CasinoNomics and believed they had stumbled upon the secret to effortless wealth - the New El Dorado, for human history's dumbest society without any comparison. At the end they just ran out of idiots to throw money away"
Central Banks subsidized economies being destroyed by corporations at 0%, while stoned gamblers focused on inbound liquidity which is now rapidly reversing. The vast majority of global stocks are already in bear markets, and yet stunned dunces still have an infantile belief in Central Bank omnipotence...
ZH: Feb. 20, 2016
According to One Bank, Central Bank Intervention is Imminent
And what will they do this time? Buy up 40 global bear markets, ghost cities, crack shacks, OPEC, Ponzi bonds, Junk bonds, Venezuela, Greece, Portugal, Indonesia, Malaysia, China?
PBOC:
"We're not asking for anything more, but is there any way you can stop doing whatever the fuck you're doing?"
-47%
Bank of Japan:
"So what you're saying is that it's time for a new Prime Minister?"
-28%
ECB:
Super Mario, when you say you "won't hesitate to act", now what exactly does that mean in Italian?
-24%
Federal Reserve Policy By Police Squad...
Is there any way you could buy all of the stocks, instead of just some of them? Because believe it or not, most gamblers still believe that what some idiot paid yesterday for an ever-increasingly insolvent asset, determines its value today. They think that if you pay a trillion dollars for a bag of rocks, then all rocks are instantly worth a trillion dollars...
The Fed wasted $4 trillion on their Jedi Mind Trick for weak minded tools:
Fed balance sheet with average stock:
