it is the collapse in investment grade bond demand that is dramatic (and worse than Lehman). It’s not like we couldn’t see it coming at some point (here) and as we warned here, What Happens Next? Simply put, stocks cannot rally in a world of surging debt finance costs.
The only problem being that the epic flows that sustained a credit market at non-economic levels for so long will exit in a hurry.
So even in his attempt to support the White House and Statement Department, Dempsey only helped verify the earlier reports that help could have been sent to Benghazi, but it wasn’t. The help could have possibly arrived in time to make a difference, but no attempt or effort was made to save the Americans at the consulate. Our government deserted our ambassador and his staff and just left them there to fend for themselves against nearly 200 hostiles.
Perhaps this needs to be pointed out to anyone interested in pursuing a diplomatic career with the State Department. Once deployed on foreign shores, you’re on your own, especially if you are in a known hostile region and the President and Secretary of State will lie to your families as your body is returned to them. Doesn’t that make you want to sign up?
Do you want to know the primary reason why rapidly rising interest rates could take down the entire global financial system? .
Rather, the number one reason why rapidly rising interest rates could cause the entire global financial system to crash is because there are more than 441 TRILLION dollars worth of interest rate derivatives sitting out there. This number comes directly from the Bank for International Settlements – the central bank of central banks. In other words, more than $441,000,000,000,000 has been bet on the movement of interest rates.
The website of the presidential office was among multiple government sites that were taken down by the attack, which coincided with the anniversary of the 1950-53 war between the two Koreas.
About a month ago I vaguely remember something coming across my email…about a huge position in June GDX & GLD put options. Now I see why gold was held below $1400, and what was driving the completely irrational $75 drop in the pre-market Thursday morning. Wall Street was making sure their put options paid off handsomely before the June [21st] expiration.
Chinese interbank rates, or the rates at which banks lend to each other, have been rising since before the Dragon Boat festival earlier this month.
At 61, Sheikh Hamad was already the youngest ruler of any Gulf state. His son becomes emir at the age of 33 — about half the age of the rulers of neighboring countries.
Most recently, diplomats met there this weekend to discuss the Syrian conflict. Qatar has lent its strength and wealth to the Syrian rebel movement — as it did in Libya — funding shipments of arms long before the United States agreed to do the same.
In short, the new emir does not herald a real changing of the guard for Qatar. Those in power, either in business or in the government, are likely to retain their privileged positions.
But if all goes according to schedule, the country will see one major change later this year: a public election to fill 30 out of 45 seats in an advisory body called the Consultative Assembly, which will have limited abilities to steer policy and check dynastic powers.
^this guy’s life span is subject to ”change” (Apollyon’s global Judas counterintelligence pun intended). When you see people like this go down in the coming days ahead, shortly, don’t be surprised, it’s just the neo world order fascist side of the same coin doing it’s thing, with a crazy antichrist mahdi Russian accent in cheap Chinese knockoff heels kicking it’s own ass, and ”it’s” a whore, her name is Ben Shalom. She will make peace with you, in her own image, in bed, and you will die of the new strain of one Flu over the Cuckoo’s nest, never to be resurrected. Strain is known as ”Virbius POTUS Host Gay Wedding Party” among Bohemian Grove members, AKA Death and Demonic Possession Apotheosis Revelation of Curious Sirius George.
…the mark of the beast, how many humans are required to be ritually slaughtered upon the alter of the Earth in advance of ”the annual POTUS Host raising” ritual 13 blocks from the White House Cornerstone? One murderous attempt is enough to render judgment, but only the murder of the virgin Bride of our Father in Christ would carry the weight of this evil power and false claim of dominion.
Both cooperating in their quest. Keyhole Inc., a venture-capital funded startup, was acquired by Google in 2004. Its product became Google Earth. Its technology filtered into Google Maps and Google Mobile. One of the investors? The CIA. And Snowden’s disclosures shed new light on these arrangements. Read…. Tech Companies And Their Love Affair With The NSA and CIA
This podcast is 50 minutes, but if you really want to understand PRISM and government spying, you should listen to it.
interviewed an investigative journalist and professor James H. Fetzer to under cover the truth about the John F. Kennedy Assassination, 9/11, the Police State and the level of corruption within the current U.S. Government. (We strongly suggest that you consider listening to this interview more than once. Why? When you hear it you will understand because you will get more detail in a short time in regards to what really happened to John F. Kennedy and you will hear for the first time the correct sequence of what really happened).
Oh well: back to the rumor drawing board. But for today, the goal was achieved – both Chinese stocks and European and US futures ramped on the usual bullshit, with China erasing a 5.8% drop closing just 0.2% lower and S&P futures now at the session highs on absolutely nothing.