Tuesday, August 1, 2017

Dow 22,000 And Bust: War Is America's Last Business

Uncle Sam's strategy of isolating, sanctioning, and marginalizing recalcitrant nations until they lash out in fury, thereby justifying Keynesian bombing of foreigners, has bolstered the economy for decades. It's a tried and true formula...

"We think know Iraq North Korea has nuclear weapons"




But first, it's the daily casino update from the croupier-in-chief...







The rest of the world completely funds U.S. hegemony:




Military equipment is the only 100% U.S. manufactured product now. So it has the highest Keynesian stimulus multiplier:





Here we see the Tennessee Valley Project and WWII to end the Depression:





Meanwhile, in the casino...
The last sector to peak is military/defense:




The Dow is the only major index still making new highs. Boeing accounted for over half of the Dow's gains in July:




Trump's last "Keynesian" option is war, which is why he is constantly provoking North Korea...

It reminds me of 2002 when the dollar was rolling over and Bush was starting to beat the drum against Iraq prior to the 2003 invasion:




Everything else is ready to crash...





















World's largest stock by market cap reports tonight: