Forrest Trump's entire election rigging strategy blew up in his face on Friday as China escalated the trade war, while Powell gave vague hints of future rate cuts. History will show that the Banana Republican party ended America's reign as a global power.
All due to a love affair with arrogant dumbfucks.
The last hope for 2020:
This society of useful corporate idiots could never accept less. They've been programmed from birth to demand more. To eschew the natural world in favour of their beloved corporate Disney World. A man-made fabrication chosen over Mother Nature. Which is why the vast majority still don't see this coming. They are locked in an unquestioned death spiral of competitive human debasement, flying straight into the ground. History will show that this decade began with fear of depression and ended with manic delusion. The strategy of ad-sponsored denial in every direction is now coming home to roost from every direction...
"U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules."
The dumbest people in human history - and their Jackass-In-Chief - assure us that none of this is man made. Which is why this will all be settled democratically.
Via Natural Selection:
All due to a love affair with arrogant dumbfucks.
The last hope for 2020:
This society of useful corporate idiots could never accept less. They've been programmed from birth to demand more. To eschew the natural world in favour of their beloved corporate Disney World. A man-made fabrication chosen over Mother Nature. Which is why the vast majority still don't see this coming. They are locked in an unquestioned death spiral of competitive human debasement, flying straight into the ground. History will show that this decade began with fear of depression and ended with manic delusion. The strategy of ad-sponsored denial in every direction is now coming home to roost from every direction...
"U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules."
The dumbest people in human history - and their Jackass-In-Chief - assure us that none of this is man made. Which is why this will all be settled democratically.
Via Natural Selection:
We're at that point in the economic cycle where disinformation and mass confusion reign supreme. It's a con man's paradise. Alt-reality has never been more lucrative. The overwhelming temptation to deploy cheap money is colliding with the inconvenient truth of a slowing economy. Contrary to popular belief it's not the Fed's job to PREVENT recession.
The $200 trillion question is can the Fed re-calibrate their backwards-looking data models quickly enough to forestall recession. And the answer is they never have and they never will.
Coming out of 2009, today's legions of proven morons believed that the world could borrow its way out of a debt crisis. Fast forward ten years and record amounts of central bank liquidity later and the debt bubble has grown commensurately - particularly at the sovereign and corporate level. Now the entire gambit is disintegrating in broad daylight with global interest rates already at record lows.
It's human history's largest deflationary liquidity trap attended by human history's largest asset bubble.
Here is where it gets interesting: The leading Tech sector just completed a three wave retracement off of the early August crash low:
Where it gets more interesting is that momo Tech and Consumer Staples are now trading in lockstep, scraping new highs this week:
Consider the above chart in the context of a market that is now overbought: