Entitled To Implode

This is the biggest con job in human history. What we've learned is that conning other con men is not difficult...

"...as the imperial end-game approaches, it becomes a matter of imperial self-preservation to breed a special-purpose ruling class—one that is incapable of understanding that the end-game is approaching" - Dmitry Orlov

The Trump mega bubble is the largest asset bubble in human history without any comparison. Even Trump himself called it a big, fat, ugly bubble two years ago when it was far smaller. And yet the dumbfucks within Trump's own party are buying it with both hands. Merely because Trump used his Twitter Jedi Mind Trick for weak minded fools. It's all the inevitable outcome of a society of entitled sociopaths who are blinded by greed and oblivious to any and all risk. The Brett Kavanaugh Supreme Court nomination spectacle is symbolic of a depraved society in latent death throes. How many entitled frat boys in this morally challenged era DON'T have a checkered past of rampant drunken debauchery. Those exact same stories are bragging rights for a generation of young men for whom their college days were a total fucking waste of time and money. Now culminating in a society run by entitled idiots and buffoons. Ironically, twenty years ago, Kavanaugh was part of the Ken Starr witch hunt to investigate a single Clinton land deal dating all the way back to the 1970s. They found nothing on that subject - it was a total waste of time and money, but it dragged on for years, long enough to finally catch Clinton in an affair with an intern in the White House. Two decades later, payback's a bitch as Kavanaugh will forever be considered a drunken degenerate party boy, regardless of which way the nomination falls. Meanwhile, today's moral Twinkie of a president was elected by the exact same sanctimonious hypocrites who crucified Clinton two decades earlier for a fraction of the malfeasance. All so that they could sell their souls for another tax cut. Which is why they are so enamored with stocks right now - inter-generational theft masquerading as prosperity. Rampant criminality being their final moral standard.  

Whereas Clinton was impeached due to non-existent real estate fraud, today's Manchurian Candidate made a name for himself through real estate fraud. 

My how times change and morality collapses in a late stage empire...

"We knew he was a criminal, that's why we elected him":

"President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents"

Much of this money came to Mr. Trump because he helped his parents dodge taxes."

Getting back to the casino, yesterday's action was very "interesting". The day started out with the biggest vertical rise in yields since February. Everything interest rate sensitive was getting demolished, as predicted by Donny two years ago, and as experienced during VolPlosion 1.0:

"And if they raise interest rates, just a bit, bad things are going to happen"

But then late in the day the stampede out of bonds into stocks reversed as the fake reflation trade reached its apex. 

The hook was set on the biggest con job in human history.

Trumpflation: