By the way, the entire world is about to go broke.
heisenbergreport.com/2019/03/06 … andbasket/
This guy hates Trump, but his beyond strict diligence in research gets him an indulgence.
Not the least of the reasons why it is going broke, hidden mega bubbles like the health care industry, and others, which remain hidden only because they A) are “well meaning,” protected by the muscly thug that is self-righteousness and B) are paid for by obscure government funds, so nobody realises that central banks can’t raise rates because all the liquidity is draining into the fucked up vortex that is a $1000 pill or a highway that reflects back the sun or who knows what the fuck. All the money is tied up. You have to hold big pharma stocks because if you don’t you lose money, but the big pharma companies make money from government, from taxes, who make money from consumers and companies… you see the loop. It is not made up money, you can’t make up money. It is tied up money. Could go to actual productive places instead of stagnant buro-vortexes.
The cost is fucking inmense. So you “fix” the problem of hard-to-afford-health-care (and other righteous causes) by bankrupting the world. Sure, we all got surgery for a while. But um.
Well, you get it.
I haven’t read the first intelligent, high-powered financial mind saying anything other than that central banks can basically never again stop the financial easing. in other words, it is now accepted that states must sustain the financial markets. The obvious problem is that the money doesn’t come from nowhere, and the moment something happens to the market, well, you can’t ease when you are already in full easing mode.
I forgive Trump when he calls for this state of affairs, because he actually wants to invest the bonanza in structurally strengthening the position of the US (which, need I remind you, is the world’s central bank). It’s not his fault anyway.
It’s these regulation thirsty fucking elitist numbnuts who think people that talk about the real world are just resentful rednecks who need to be given healthcare for free though because… Well, because I gotta be able to feel good about existing thanks to the back breaking of 90% of the planet, I guess. Not feel bad about those unproductive university years. Make actual producers pay them for living.
Oil is being hit super hard because all these oil giants are now having to invest in unproductive “green” (ehemredehem) energy projects. Do you know how much money depends on fucking oil? Pension funds? Government funds? Companies?
It’s like requiring that Michael Jordan wear iron shoes because he’s an asshole to the rest of the team and if he stops being an asshole the Bulls will win more.
Ideas. Ideas hiding reality and money trails.
Good bye German economy, sweet dreams, happy trails. At least Trump’s “isolationism” (which is funny, as actual isolationists exist and he is not one, he is just an "isolate ourselves from the retard socialists) is likely to help the US be among the least hard hit, retain its dominance whatever happens. Even though he will be blamed and probably thrown in jail. He probably read “if.”