The Anti-Christ just declared himself the second coming of Jesus. What sign were you waiting for?
"A kakistocracy is a system of government that is run by the worst, least qualified, and/or most unscrupulous citizens"
Reading Zerohedge and similar alt-right platforms one gains a sad insight into the South Park educated Xbox jockeys and incontinent geezers now running the global gong show. The comment board is a non-stop screed of semi-literate bilious hatred. The ad-sponsored posts, a bizarre combination of conspiracy theories and Wall Street bullshit. If that constitutes the "most bearish" widely read market blog, no wonder the masses are lost in a ball of confusion.
2016 was a seminal moment for the Lord of the Flies movement. First Brexit and then Trump. Make no mistake, the lack of accountability and reform post-2008 is what led to the rise of racist nationalism. Far too many economists and other 'elites' were desperate to bury their mistakes of the past under far greater mistakes for the future aka. "now". Too many times Bill Gates informed us that the world has never been better - for him - when it was all falling apart in real-time for everyone else. Hillary Clinton said that America doesn't need to be "Great again", because it's already great. She just as much beholden to American mythology as Trump. Sadly, none of this was a conspiracy. As Gore Vidal once said, the elite need not conspire because they all think alike in the first place. Their first and only goal is to preserve the hierarchy with them at the top.
And when that gambit failed catastrophically in 2016 despite every money printing gimmick ever attempted, the erstwhile "elites" ceded control to the dregs of humanity.
Who will yield control to anarchy now that their vacation from responsibility is ending:
Who will yield control to anarchy now that their vacation from responsibility is ending:
As I write, Boris Johnson just moved Britain one stop closer to the uncalculated abyss.
The rise of the wicked is spreading globally, as man-boys vie to outdo each other with splendid acts of vile irresponsibility.
This week, Bill Dudley former head of the New York Fed, threw gasoline on the fire by saying that the Fed should undermine the 2020 election. He may as well have just joined the Trump re-election campaign.
If Trump makes every threat under the sun to coerce the Fed to rig the election, for these people, that is just business as usual. But if one high ranking official even suggests the Fed resist Trump's non-stop aggression, that is proof of a broad-based conspiracy.
“Central bank officials face a choice: enable the Trump administration to continue down a disastrous path of trade war escalation, or send a clear signal that if the administration does so, the president, not the Fed, will bear the risks — including the risk of losing the next election”
“After all, Trump’s reelection arguably presents a threat to the U.S. and global economy, to the Fed’s independence and its ability to achieve its employment and inflation objectives,”
Remember, a few months ago Zerohedge asserted that trade wars and Fed manipulation used to rig elections, was a "genius plan". But now when Fed resistance to such plan is suggested, it's overwhelming proof that the Fed has been rigging elections for years. The Banana Republican double standard always applies.
Nevertheless, the serial failed elites and the Trumptopian horde all have one thing in common: Imminent shock and awe.
Because, at the end of the day, they all believe in the same mythology. Just a different path to the exact same destination.
Forestalled by a three year vacation from responsibility.
Because, at the end of the day, they all believe in the same mythology. Just a different path to the exact same destination.
Forestalled by a three year vacation from responsibility.
"Bearish sentiment currently correlates well with sentiment before the collapse of investment bank Lehman Brothers in 2008"
Also of note, the week before the U.S. Labor Day holiday weekend tends to have low trading volume, which can lead to wider swings in the market."
Also of note, the week before the U.S. Labor Day holiday weekend tends to have low trading volume, which can lead to wider swings in the market."
