Thursday, July 7, 2016

"Keep Calm And Get Obliterated By Denialistic Bullshit"

Throughout this sad charade the lies keep getting bigger and bigger...

"Anyone claiming that America’s economy is in decline is peddling fiction. (Applause.)"

"We're borrowing our way out of a debt crisis"

"Collapsing bond yields, deflation, and global growth are bullish for stocks"

"Debt is GDP"

"The economy will float back from China any year now, it's only been seven years at 0%"

"Printing money is the secret to effortless wealth"

"4x Overvalued recession stocks are "safe havens" which never go down. Like home values"

"European banks are below Lehman levels, which is a buying opportunity"

"China's continuing devaluation is not a problem this time"

"China is transitioning to a consumer economy. By replacing workers with robots."

"Profitless Amazon will replace every other retailer"

"The yield curve is flattening. At depression levels."

"Quarterly revenue decline will be fixed with more layoffs"

"Six months of declining payroll growth is 'an outlier'"

"Labor Participation is falling because 25 year-olds are retiring early"

"The U.S. is decoupled from Globalization"

"Japan is in control of their currency which has been strengthening for a year now"

"The oil glut is "easing" amid record oil and gas inventories"

"Central Banks have this all under control"

Epoch Times July 5, 2016
"Is Texan investor Kyle Bass too early in his call for a China banking crisis and currency devaluation within the next two years?"

"Holy fuck, no one saw that coming..."