Tuesday, October 9, 2018

Rational Self-Destruction

When the "system" is predicated upon fucking everyone else, by the end those who prosper, ARE everyone else...

Trump's tax cut measured in the low trillions is now bursting a global asset bubble measured in the hundreds of trillions. The final cost will be wholly unaffordable for those who believe in "free money" aka. theft:

Don't take my word for it:

"We have the biggest bubble in the history of mankind."

Where Ron Paul and I disagree is the root cause. He sees loose monetary policy. I see greed, greed, and more fucking greed. There's no way monetary policy could be at 0% for eight years if the economy hadn't been outsourced. Something free traders will NEVER admit. 

Why will they never admit it? Because NOW we are seeing the final consequences of the morally vacant policy of self-interest taken to its logical self-destructing conclusion: A cabal of venal old degenerates willing to steal any amount of money just to pretend their entire lives haven't been a serial con job. An ever-tightening noose of fraud, corruption, and complicity, all under the guise of "rational self-interest", the morally, intellectually, and financially bankrupt false ideology of the right. Self-interest isn't an ideology, it's an instinct, like two dogs fucking on the lawn. It's what they do.

Ironically, but logically, the only bubble left is "reflation" itself: interest rates, oil, and low volatility. All of the tangential bubbles are being popped. And when the asset bubbles all crash, the reflationary delusion will collapse like a cheap tent.

The cure for high yields is implosion:

Here are the bubbles imploding right now:

When large cap internet ("FANG") stocks lose the 200 day, it's game over:

Semiconductors just broke the 200 day moving average for the first time in three years:

The biggest bubble of all is artificial intelligence which is now ubiquitous in business, politics, and media:

The last bubble is reflation

Which is a hoax