What Will Happen When - Reality Comes Home...

Central Banksters and HFT Bots obviously don't have emotions, so they have kindly sponsored the greatest vacation from reality in human history. Unfortunately, the rest of humanity is still prone to fear, so when reality returns - and it always does - the "outcome" will not be controllable by either Central Banks nor HFT bots...

Coming In For A Landing

The Baby Boomers are on the final approach to retirement and they don't want anyone to do anything, that might derail that event. But unfortunately they smoked a few too many "doobies" back in the '70s, so we have to wait for them to remember that they sold the runway...

Wall Street's Manchurian Candidate

History will neither forgive nor forget Obama for not reforming Wall Street. 
It's the only thing he had to do...

This Time Won't Be Different

Comfort-seeking apologists for this latest credit bubble who have deluded themselves into believing that "this" is reality, are overwhelmingly desperate to assume that things will turn out different this time, so they tell us that there is no sign of "froth" in the markets. As always, they just have to open their eyes...

Ground and Pound On Global Ponzi Capitalism

Paul Farrell went all in against Ponzi Capitalism. Then Shedlock went after Farrell - essentially telling us that "true" capitalism works great, but government is the root of all evil.

So now, I will rebut Mike Shedlock...

The Poverty Express - Makes All Stops

A wake up call to all of the sanctimonious hypocrites who constantly remind us of atrocities from bygone eras - and yet, turn a blind eye to, and otherwise profit from the extreme degrading poverty that is spreading rampantly on a global basis...

First they came for the African children, but I

did not speak out -

Because I am not an African child

Then they came for the Asian sweatshop workers but I 

did not speak out - 

Because I am not a sweatshop worker

Then they came for the blue collar workers, but I 

did not speak out - 

Because I am not a blue collar worker

Then they came for the union workers, but I

did not speak out - 

Because I am not a union worker

Then they finally got around to the Faux News Neocons
and the Limousine Liberal hypocrites -
Who met their own creation face to face -
...even history couldn't care.

BTFD - Bring Your Own Underwear...

[Updated April 26th, 2013]
You wouldn't know it by the headlines, but market internals are extremely weak right now. The real question on the table now isn't whether or not the market will drop, but where will it stop...

Skynet Will Terminate The Markets

Stepping back, everyone is asking how this blogger (me) can be so certain that global markets will crash. How can a "Black Swan" event of that magnitude be predicted with certainty?

My response is - the HFT bots are already destroying Wall Street, so it's only a matter of time before they take down the entire market...

Economic Euthanasia

Historians will package this entire era of Central Bank monetizations under the heading of 'economic euthanasia'. Bizarrely, even as the underlying economic fundamentals steadily deteriorate, it feels as though the status quo can be maintained indefinitely. One would never know that Central Banks have to step in daily to support the markets, to keep them levitated. Meanwhile, this artificially generated feeling of economic stability gives the policy-makers the cover to do the only thing they are capable of doing to fix the real economy i.e. nothing...

Mass Confusion

The Financial media are out there again sowing mass confusion over the risks of owning bonds v.s. stocks. I have been steadfast that owning short-term Treasuries is the (relatively) safest haven. Which they have been through thick and thin...