Monday, June 11, 2018

The Path Of Humiliation Has Been Chosen

It's a well-established rule of history that every empire always continues one clown too long...

But first, Trump's errand-boy Peter Navarro told Faux News over the weekend that there's a special place in hell for Trudeau. Trudeau politely declined the job offer....

Meanwhile, should this man control 6,000 nuclear weapons? The short answer and long answer are both no. This guy isn't an embarassment to the U.S. he's an embarassment to humanity. But I'm sure his post-literate base can't find anything wrong with this message. Someone take the crack pipe away from this guy...





This week is the decade's culmination in epic hubris:




Today the casino is shrugging off the aftermath of the G7 circus, which sets up the rest of the most important week of the year. This week culminates the biggest short squeeze since October 2008. Except far bigger...




1) Separated-at-birth despot reunion, Singapore, Tuesday


2) FOMC (Wed.), ECB (Thurs.), BOJ (Fri.)








3) UK Brexit vote (Wed.)

Sunday, June 10, 2018

The Inconvenient Post-Truth

Sites like Breitbart and Zerohedge are making bank monetizing paranoid idiots willing to believe ANYTHING except the truth...

What the Lonely Crowd predicted decades ago, is the Matrix. A mindless consumption Borg existing solely by and for maximized corporate profit. The industrial-scale extraction of humanity locked in a recursively imploding rat race to nowhere. There is no winner in a rat race, there are only spent rats gamed continuously by serial con men...





Which of these two echo chambers is exacting the greatest mental toll? Hint: It's the one that is continually attempting to explain away self-inflicted change, by way of returning to the greatness of the cannibalized past. The recursively imploding fantasy known as "MAGA".  

The formal term for this fatigue is "cognitive dissonance":
"the mental discomfort (psychological stress) experienced by a person who simultaneously holds two or more contradictory beliefs, ideas, or values"






Saturday, June 9, 2018

The Trump Dump

Trump just tossed the grenade to implode the RepubliCon party for good. I'm really starting to like this guy...

The G7 summit just wrapped up and the ink wasn't even dry on the official communique, before Trump refuted all of it. He didn't have the sack to disagree in person, so he waited until he was back onboard Air Force One to throw a shit grenade back at his fellow world leaders. Anyways, he was late for his meeting with his twin brother from North Korea. I humbly suggest, this could backfire on Donny. Next, I'll explain why...



Trump's economic accomplishments to date are global trade war, higher interest rates, higher gas prices/Ponzi oil reflation, Emerging Market implosion, record Federal deficit, decade-low savings rate, a stock market sugar rally, and Wall Street deregulation. In his words, "The greatest economy in U.S. history":



Trump's mental health was unraveling going into the meeting, but apparently Macron ripping his arm off at the shoulder sealed the deal. Once he was safely back onboard Air Force One, Trump took a Twitter swipe at Trudeau, because again, the Twinkie-in-Chief didn't have the sack to target Macron and Europe. Then for the icing on the cake he renewed his vow to impose tariffs on auto imports. 

Not that Donny has any knowledge about North American auto production, however, the U.S./Canadian auto supply chains are highly integrated. A Ford F-150 is not made in one country it's made in both. Therefore imposing tariffs on work-in-progress would implode the U.S. auto sector. Which means that short-term at least, Trump was really making a threat to Europe and Japan. 

And that's where this all gets interesting...

On Friday, the casino was gap down overnight due to a selloff originating in Asia and Europe. As usual, the U.S. BTFD team went straight to work. Buying enough Go Daddy to get the S&P back in the green.

Nevertheless, both Europe and Japan were left dangling at the 2016 deja vu levels:










































Humility Or Humiliation. A Biblical Lesson.

The Creator gives us one choice: choose to be humble, or choose to be humbled...

The world has been subjugated by a Roman Circus. What remains of America's greatness, is great arrogance:






The ossified Japanification of the U.S. which we were told for decades "can't happen here" is the order of the day. We see this multiple ways, be it in the man himself, his obsequious court jesters, or via his zealous base of evangelical alt-Christians. There is no level to which they won't stoop to "regain" the glory of the lost past. And therein lies the irony - In attempting to restore the greatness of the past, they've sullied the very thing they were attempting to restore. Leaving behind a Roman-style narrative of a global empire that once past its apogee descended into sheer delusional rot. 

Rudy Giuliani was in Israel this week where he shredded the last vestiges of his dignity Trumptopian style. Why? Because long ago he made the Faustian choice of humiliation over humility which is the choice that all of Trumptopia is making: historical mass debasement. Trump hasn't merely "ruined his brand", he's destroyed his family name forever. As Reagan learned, and apparently no one else his age - there are no do-overs for those who achieve senility while still in office. There's just bedtime for Bonzo.  

As again predicted by The Lonely Crowd decades ago, what predominates in an aging consumption-oriented society well beyond "incipient decline", is a predominant class of over-confident sociopaths wholly void of morality and self-awareness. Floating unmoored in a sea of populism, wherein the only concept of "right" or "wrong" is the volume of cheers emanating from the debased Twitter mob at large. 

But you can't tell them that, because that they're too busy swapping their last vestiges of dignity for certain humiliation in order to achieve historical glory. All, the inevitable result of taking self-interest to the maximum extent possible, and then a lot further. For the record books. 

Which will not be written by the senile. 


Friday, June 8, 2018

The Globalized Eight, Seven, Six, Five, Four, Three...

The protesters are out in force this weekend, as what remains of the G8 country club attempts to cobble together a narrative that explains away global disintegration. Russia was evicted in 2014 after the Crimean invasion. Britain is sorting out Brexit. Italy has one foot out the door, and this weekend Trump is staying in Canada long enough to hit Tim Horton's drive-through and back. Globalization effectively ended in 2008, and what has followed is a fiscal and monetary gong show on a scale that would make the Japanese blush. One thing the G7 all have in common - they couldn't care less what is happening to the rest of the world...








Wednesday, June 6, 2018

Party Like It's 1929

As The Lonely Crowd informs, we live in a society overrun by industry-captured bukkake whores, blowing smoke up each others' asses constantly. The third (and last) installment of the Lord of the Flies trilogy is ending amid record hubris...

Speculators, consumers, economists, politicians, and business leaders are all extremely over-confident right now. Excited at the prospect of robbing future generations so they can pretend to be wealthy and successful now. After all, there was no other way:




Rule #1: Never Go FULL Donny:
The divergence between momentum stocks and value stocks is record wide. The smart money is record betting against Forrest Trump:





Note below that in the last cycle, business confidence followed the rate of deflation. In this cycle, compliments of Central Planning for billunaires combined with fiscal profligacy at level '11', business confidence has diverged from the underlying rate of deflation. Gamblers who believe that economists and business leaders can predict the future, will be surprised to learn that they can't even predict the now. Consider that Treasury bonds are record shorted right now and the Fed is planning to raise rates next week, for how fast this delusion will unwind when Y2K 2.0 implodes. As long as Go Daddy holds its bid, this will all be fine...




Tuesday, June 5, 2018

Make Implosion Great Again

The solution for denial happens to be denial. Go figure. To be sure, incessant cheer-leading by human history's biggest bullshit artist doesn't hurt. Trump could only be born in the U.S., because any other country would be saying "who the fuck is this idiot?". Now that I think of it, saying that is what got his cabinet fired. Fortunately, Trump's Evangelical base are able to look past his narcissistic personality disorder to see his "good side"...


The SUPER-CYCLE grand finale is reaching its climax. What we are witnessing in real-time is a blow-off top in overvalued, overowned Tech while everything else implodes in real-time. A culmination of risks from the past two decades. The Japanified Idiocracy is looking forward to getting monkey hammered again, because it's been so long and they haven't missed an opportunity yet.

I highly doubt their beloved money printers can save them from the margin clerks this time, across all risk asset classes at the exact same time. Most of the selling will be done by the time the FOMC gets a meeting scheduled. This will fix DeNiAl at the source...

The Lord of the Flies trilogy is ending with the final installment: One Clown To Rule Them All...

U.S. stocks divided by U.S. Federal debt:












Deja Vu






Monday, June 4, 2018

The Madness Of Crowds aka. Collapse As Usual

Legalized criminality is the pathology of decline, aided and abetted by mass conformity. This is how C-Student frat boys took over the world...

Only reality can stop I, Clownius now:



Unfortunately, the U.S. has morphed into human history's largest criminal enterprise wherein the order of the day is to take from the poor to give to the rich. To generate fake GDP growth and otherwise enrich offshore bank accounts, Trump is extracting money from Emerging Markets while forcing future U.S. generations to pay it back...






Ignoring the long-term unemployed/discouraged workers, stagnant wages, rising cost of living, record Federal debt, non-existent pension benefits, and declining healthcare coverage, the Plunderer-in-Chief would be right. 


GDP - Deficit:
This is the best economy ever if we ignore the entire prior history of the United States.





What follows is my synopsis of the best-selling book, The Lonely Crowd, with commentary. I think we all see where I'm going with this:






Friday, June 1, 2018

Worldwide v. Trump. Smackdown

Trumptopians assume that the rest of the world will pay for Trump's tax cuts and tariffs. That assumption is about to be put to the test.

Unfortunately, Camacho-in-Chief has never faced a match that wasn't rigged in his favour...




Monday, May 28, 2018

Wandering In The Desert

Those who don't possess the intellectual veracity to understand that the Globalized system has failed, are doomed to wander in the desert. 40 days, 40 nights, or 40 years. Their choice. All intelligent answers begin with a question. And the question has yet to even be asked...