102914 Gleaning $100 Trillion 666 Seal Of Global Debt Mark Upon Labor (Voting For One Of 2 Party Evil Offers Will Not Provide Relief Don’t Be A Moron They Voted And Gave a $700 Billion Bonus In 08 To The Criminal Bankers That Ripped Off The World And Nothing Has Changed For The Better Things Are ”Progressively” Getting Worse Exponentially Every Hour You Continue To Provide The Beast Your Labor)
Georgia Congressman Paul Broun, a medical doctor, calls upon House Speaker John Boehner to call an emergency session of the House of Representatives to enact a travel ban on international visitors coming from West African countries with Ebola. He also calls for the immediate resignation of CDC director Dr. Tom Frieden. In Part 2, Future Money Trends publisher Daniel Ameduri and Rick discuss the stark warnings of an economic collapse recently issued by Jim Rickards.
Confirming Rick Santelli’s perspective on the unending ‘easiness’ of the Fed, Hoisington Investment Management’s Lacy Hunt states unequivocally that “The Fed will not raise rates in 2015,” and warns that the US economy and monetary policy “are not on the right path,” in this excellent brief interview. Santelli slams the Fed’s asymmetric policy, coining a new phrase that Yellen is only “weak-data”-dependent and Hunt confirms that “by its past policy errors, the Fed has put itself out of business,” enabling massive build ups of debt, warning that “debt is an increase in current spending in lieu of future spending,” and confirms the truth that rather than deleveraging, “the world is significantly more leveraged now than in 2008.”
Well worth the price of admission… 150 seconds of reality…”The Fed has spawned this ‘buy now, pay later’ scheme of the American consumer… but there comes a point when the ‘pay later’ overwhelms the ‘buy now’… and when that happens monetary policy is basically ineffective”
Aside from the S&P 500 of course, which made billionaires out of millionaires (even if it failed to make billionaires into trillionaires this time around – we will have to wait for QE4 or QE5 for that), some may wonder: who was the biggest beneficiary of QE3? It certainly wasn’t the US middle class, which has seen its real wages decline in 6 of the past 7 months, and its disposable income is back at levels not seen since the mid-1990s. No, the biggest winner of QE3 is the same entity that we noted benefited the most from QE over the past 6 years, and which even the WSJ realized was the primary beneficiary of the trillions in cash created out of thin air by the Fed, when in late September Hilsenrath wrote “Fed Rate Policies Aid Foreign Banks“… something we first said back in 2011 with “Exclusive: The Fed’s $600 Billion Stealth Bailout Of Foreign Banks Continues At The Expense Of The Domestic Economy, Or Explaining Where All The QE2 Money Went.”
So when it comes to the Fed’s QE3 generosity to foreign banks, what was the real number?
Here is the answer.
The first chart below shows that since starting in December 2012, when QE3 was formally launched, and continuing through today, the Fed injected some $1.3 trillion reserves with banks, which has manifested as extra cash held by various banks operating in the US, both domestic, but most importantly, foreign.
And the bottom line:
Small domestic banks, such as your mom and pop regional bank which is anything but Too Big To Fail: change in cash: zero.
Large domestic banks, think JPM’s CIO group, i.e., its London Whale division which used precisely this “excess” Fed cash to try to corner the IG market and blow up in the process: call it just under $600 billion in cash as a result of QE3.
And the winner, with over $700 billion in extra cash added thanks to QE3, is: foreign (mostly insolvent European) banks.
So yes, European banks: feel free to send your thank you cards to the Fed: without its $1.3 trillion cash injection who knows how many of you would have passed the ECB’s “no deflation to model” most recent Stress Test.
A word of warning: let’s all hope that now, with some $1.5 trillion in Fed cash on foreign (most insolvent European) bank balance sheet, or just about half of all QE liquidity injections since the start of QE1, European banks are finally solvent. Or else, deflation, inflation, stagflation, hyperinflation, or what have you, the Fed will be storming right back in to bail out Europe’s insolvent banks the US middle class all over again.
The irony here is that he told us all this while campaigning to get Democrat Rep. Bruce Braley (D-IA)4% elected. Iowans should take note that Joe Biden is asking them to send a member of the same party as the administration that has presided over all these troubles for the middle class. It’s also worth reminding people that Braley is of the same party that has essentially shut down the Senate these last four years, especially since control of the chamber could hinge on the results of this race.
^^^Red tie or Blue …it doesn’t matter, we’re screw’d. Get a clue, Vote 2 Party Crypto Fascism ”IS” part of the Antichrist ruse.
Christian activists had sued after city officials ruled they didn’t collect enough signatures to get the question on the ballot. The city secretary initially counted enough signatures, but then city attorney David Feldman ruled that more than half of the pages of the petition were invalid.
Houston Mayor Annise Parker has received a flood of Bibles — somewhere between 500 and 1,000 according to a spokesman for the mayor’s office — after the city subpoenaed the church sermons of five local faith leaders opposed to the Houston Equal Rights Ordinance, which the mayor signed in May.
Obozo and his progressive-transformationalists have always targeted the desires of groups and turned those into mountain size needs that only Obozo and progressive/Democrat politicians can fill. They cannot function in a country that is free and standing on the Constitution and Holy Bible for direction. Obozo and the progressive/Democrats must have a nation of dependent and obedient ‘Stepford wives.’
We have heard now for many years about the extraordinary rights of gays, Islamics and Illegal aliens. Let us look for a minute at these ‘special’ groups of people. Regarding the gay rights movement…Now, even our compromised Supreme court has voted against our States rights, how God Himself defines marriage in the Holy Bible and what most Americans want – marriage between a man and a woman.
Marriage rights for gays is landing in over half our states now and being slammed into school curriculums all through the UN Constitutional Common Core Government school curriculum. Now, we are seeing more and more the assaults on anyone of difference—Pastors, parents or anyone in media who dares have a different opinion.
Regarding Islam…How many times have we heard that we Americans cause Islam to attack us. We persecute them, thus they have to blow us up and behead us. Really? The truth is known by most of us with any size brain, that the Islamic Disneyland of variety groups are mostly murderous. They target anyone of difference, especially Christians and Jews for torture and murder. They do this because they are obeying Muhammad and Allah, not getting revenge because we terrorize them. How many times have I read and printed from their own Koran chapter 9, which gives us infidels 3 choices. 1) Forcibly convert to Islam 2) Submit to their high tax and slavery just so we can live or 3) be executed by them.
How many times has Obozo said that ISIS and al Qaeda are not Islamic when the truth is they are boldly and completely Islamic, obeying the Jihad calling of Muhammad? As usual, the Islamic in your face – activist groups, play the persecuted – victim card. We are all violating them and their speech. We are to notice nothing and say nothing about Islam re-writing their real history and slamming their religion down our children’s throats through out Common Core school curriculum and the media. Business owners are to have no rights but to submit 100% of the time to the endless rights of Islamic workers who demand a multitude of things while suing if they don’t get their way and playing the martyr to perfection.
Illegal aliens…oh yes that is now hate speech. They are undocumented workers or immigrants…Never mind that they knowingly break our laws, violate our borders, bring in endless diseases, drugs, terrorists and danger to America. With this last planned and orchestrated entourage of 10s of thousands of illegal aliens at the hands of Obozo, buses were shipped in the cover of darkness to cities all across America. Cities and schools have been lined with tattoo covered adult criminals, drug dealers and terrorists masquerading as children. Obozo has enabled his illegal and criminal group to soar by now, defining a child up to age 23.
We are seeing dangerous diseases spread to our children in public schools all across America and some are already dying from these viruses, while Obozo and the progressive Democrats scream about their rights. What rights? They shouldn’t be here. Our children are getting sick and dying. Terrorists and cartel members are going back and forth across the border making billions, while we are insulted and told we hate Hispanics, children and poor people. The cherry on top for Obozo and the Antichrist 666 NWO progressive left is a hoped for numb brained voter bloc<—The majority female(of course votes majority socialist 666) and so called ”African” American which voted 95% twice for Obozo because he’s a ”down low” black Mac Daddy. LMAO. Idiots. ”Content of their character”, yeeeah, um that didn’t pan out at all. Then there’s the immigration of foreign enemies that have every intention of voting for the worst of the ”one of two evils” offered by the Vote 2 Party Crypto Fascist Neo World Order Secular 666.
…but voting Republican is like putting a Red Dress on the Antichrist Monolithic Drag Queen. There will be no political baby born from this failed system, the future ”IS” the 666 seal of Debt …and everyone that accepts the mark shall perish. A vote cast ”IS” the strong delusion of the unbecoming fool(s) at this point. It’s the same thing as showing up to work at zero interest, as an unsecured creditor/bank account holder confirmed by your legal name and assigned government 666 number, evil and stupid. Only Hell bound fools continue to feed the beast that is devouring not only the labor required to secure children but their own security and sustainability. The fact that Washington is not now burnt to the ground at this point, and every stinking banker hung with the political whore of Babylon, is amazing, however, it is prophetic, as in the days of Noah.
Don’t think for a moment that judgment isn’t coming shortly, it is sealed upon all Antichrist fools that accept the short term offer(s) of temptation providing power through deception, human slaughter and theft perpetrated upon this last generation unto the final conclusion sin and death bare upon The Risen Witness. If you are not standing fast and doing no harm, reconsider what has inspired you to be so moved as to cast a vote for one of two evils and continue to forsake your own labor and salvation so the obvious Antichrist NWO 666 deadly threat may have an extra breath before death rewards the wage earner(s) of sin.
And finally – while CNBC’s audience is told what a terrible thing gold is, “The Maestro”, having personally created the financial cataclysm the world finds itself in following a lifetime of belief in fiat, Keynesian ideology and “fixing” one bubble with an even greater and more destructive asset bubble, has suddenly had an epiphany and now has a very different message from the one he preached during his decades as the head of the Fed.
Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
What Greenspan failed to add is that it is thanks to his disastrous policies (subsequently adopted by Bernanke and Yellen) that gold is the “place to put money.”
^^^This guy paid for his ”front seat” …in Hell.
“Steady as she goes” was expected… having kept the “considerable time” dream alive last month, the FOMC ended QE3 on schedule but remained ‘data-dependent’ on reviving it…
*FED ENDS THIRD ROUND OF QUANTITATIVE EASING AS PLANNED
*FED SEES `SOLID JOB GAINS’ WITH LOWER UNEMPLOYMENT
*FED: UNDERUTILIZATION OF LABOR RESOURCES GRADUALLY DIMINISHING
*FED REPEATS RATES TO STAY LOW FOR `CONSIDERABLE TIME’
*FED REPEATS RISK OF BELOW-TARGET INFLATION DIMINISHED SOMEWHAT
*FED SAYS LOWER ENERGY PRICES TO HOLD DOWN INFLATION NEAR TERM
*KOCHERLAKOTA DISSENTS AT FOMC, SEEKING QE CONTINUATION
And so now the “flow” has stopped; given that “bond buying” did not work, we are reminded of Alan Greenspan’s warning that “I don’t think it’s possible” for the Fed to end its easy-money policies in a trouble-free manner.
The Antares rocket that blew up on the launchpad on its way to the International Space Station last night was using a 40-year-old Russian engine of a similar design to those used during the Soviets’ disastrous attempts to beat America to the moon in the 1960s, it has emerged.
Dulles-based Orbital Sciences, which has a $1.9 billion contract to make eight supply missions to the international space station, purchased a number of the engines which had been mothballed by Russia in the 1970s, the Washington Post reports.
Orbital Sciences’ executive vice president Frank Culbertson said the company carried insurance on the mission, which he valued at more than $200 million, not counting repair costs.
TV: Officials say “extremely high radiation levels” will keep pouring out at Fukushima… “Problem can’t be fundamentally solved” — Gundersen: Plutonium leaking into groundwater, “essentially pieces of nuclear fuel”… “Parts of plant overflowing” after typhoons… “Not a problem that’s going away” (VIDEO)
Oct. 27, 2014 (emphasis added): TEPCO says the levels of radioactive cesium in [Fukushima Daiichi’s] groundwater… fluctuated greatly last week… TEPCO says these [groundwater] wells are connected underground with other wells that are highly contaminated [and] believes cesium poured into them with this month’s heavy rains and then flowed out with the underground water. [TEPCO] says this problem cannot be fundamentally solved because the area around the wells thought to be the source of the contamination has extremely high radiation levels and cannot be decontaminated..
A local council has voted to re-open the Sendai Nuclear Power Plant on the outermost western coast of Japan, despite local opposition and meteorologists’ warnings, following tremors in a nearby volcano.
Nilofar is expected to make landfall with a tropical storm intensity on October 31, 2014. It will bring damaging winds, coastal flooding and life-threatening flooding due to heavy rain as it moves inland across southeast Pakistan and northwest India.
Cyclone Nilofar became the third strongest tropical cyclone on record in the Arabian Sea. According to Joint Typhoon Warning Center, Nilofar shortly reached equivalent of a Category 4 hurricane with estimated maximum sustained wind speeds of 210 km/h(130 mph).
The reception with Pope Francis and presentation of the Award marked the official opening of a year of festivities in celebration of Bar-Ilan University’s 60th anniversary.
US relations with Israel have plunged to new depths of bitterness and hostility as senior officials in the Obama administration decried Binyamin Netanyahu as a “chickenshit prime minister”, “coward” and a man more interested in his own political survival than peace.
The furious assessment delivered in anonymous but no-holds barred comments in an interview with the American journalist Jeffrey Goldberg in the Atlantic underline a state of anger with Netanyahu that is characterised as “red hot”.
The remarks are particularly telling in having been made to Goldberg, a Washington insider who has interviewed both Obama and Netanyahu, and who warned US-Israeli relations were in a “full-blown crisis” that could only get worse after the midterm elections.
“The reasons for this action are self-evident: the continued public calls by terrorist organizations for attacks on the homeland and elsewhere, including against law enforcement and other government officials, and the acts of violence targeted at government personnel and installations in Canada and elsewhere recently,” Johnson said in a statement. “Given world events, prudence dictates a heightened vigilance in the protection of U.S. government installations and our personnel.”
Set in their ways and a six-year relationship, Obama and Netanyahu are not expected to change course— the relationship will not detox. Only new leadership, on one side or the other, can shake a spiral of rhetoric and its real political consequences.
One official told Goldberg that the Israeli leader was a “coward” on Iran and that the Obama administration no longer believes Netanyahu’s threats of a preemptive airstrike on Tehran’s nuclear facilities.
As tensions with Israel escalate over its policies on the Palestinian front, the United States appears to be growing closer to its longstanding rival Iran.
The Wall Street Journal on Wednesday quoted senior US and Arab officials as saying that Washington and Tehran have “moved into an effective state of détente over the past year.”
The warming ties have the potential to dramatically shift the geopolitical balance in the region, as America’s traditional Sunni Arab allies as well as Israel have always been suspicious of Iran’s intentions.
It’s no longer enough for companies to track someone’s activity across the Web by monitoring their emails, analyzing their browsing history, or keeping tabs on their online searches. All that information now needs to be supplemented with data about what someone’s doing in the real world, whether that’s demonstrated through location tracking or through a health application.
British authorities are capable of tapping into bulk communications data collected by other countries’ intelligence services—including the National Security Agency—without a warrant, according to secret government documents released Tuesday.
The agreement between the NSA and Britain’s spy agency, known as Government Communications Headquarters or GCHQ, potentially puts the Internet and phone data of Americans in the hands of another country without legal oversight when obtaining a warrant is “not technically feasible.”
The data, once obtained, can be kept for up to two years, according to internal policies disclosed by the British government. GCHQ was forced to reveal that it can request and receive vast quantities of raw, unanalyzed data collected from foreign governments it partners with during legal proceedings in a closed court hearing in a case brought by various international human-rights organizations, including Privacy International, Liberty U.K., and Amnesty International. The suit challenges certain aspects of GCHQ’s surveillance practices.
It is well known that the NSA and GCHQ closely share intelligence data with one another, as part of a long-standing surveillance partnership. Some details of the agencies’ spy pact were exposed by former NSA contractor Edward Snowden last year, including the existence of GCHQ’s Tempora program, which taps into fiber-optic cables to scoop up online and telephone traffic across the Web for up to 30 days.
But this is the first time the British government has disclosed that it does not require a warrant to access data collected and maintained by its American counterparts.
This illustrates two key ontological characteristics of financialized globalization: perpetual instability and a never-ending cycle of boom and bust as capital sparks rapid development in one locale and then moves elsewhere once profits decline.
The scale of global capital is difficult to grasp; trillions of central bank-issued dollars, euros, yen and renminbi are sloshing around the global economy, seeking low-risk profits.
Capital has no loyalty to anything but its own expansion, and the damage it leaves in its wake is of no concern to the owners of capital.
There are even less visible consequences to the globalization of markets, capital and labor. Once goods and services are priced globally, local supply and demand no longer set the local price. As my colleague Mark G. has observed, consumer prices can rise even if there are deflationary surpluses in the local economy because price is set by global supply and demand. As a result, measuring inflation and deflation locally is meaningless in a globalized economy.
This financialized globalization of goods, services, credit and currencies continually creates imbalances that fuel a perpetual instability that gradually impoverishes every sector other than global capital, which being mobile, can exploit the imbalances for its own profit.
1) How could the SEC investigate early release of University of Michigan data last year while this practice is going on with their own data?
2) How can the SEC investigate a competing government agency about the early release of Medicare payment policies, while they are a stakeholder themselves in the “selling data early” game?
3) Does the fact that the agency is a stakeholder in the high speed trading / market structure debate color their objectivity and role as top cop?
4) Could we have imagined anything more far-fetched and unlikely as this practice by the SEC itself?
We’ll answer the last question. No
* * *
And here is Nanex’ Eric Hunsader asking the SEC a simple question:
cc: NY AG
The SEC is giving some traders faster access to regulatory filings!
Whether it is European banks (Greece and Italy) plunging again, lower-than-expected crude inventories, or expectations of an uber dovish Fed this afternoon, the US Dollar has suddenly gone bidless against the major currencies.
Stocks slid slowly lower into the FOMC statement, then tumbled as no matter how hard talking heads tried they could not find a silver lining in the hawkish tone reflected across near universal sell-side confirmation. Stocks tumbled, commodities tumbled, and the USDollar surged but the Treasury curve flattened dramatially as 30Y was well bid and the rest of the curve offered (2Y surged higher in yield). The last few minutes saw the ubiquitous levitation to VWAP which lifted Small Caps briefly into the green briefly and stocks all ended higheer from the FOMC statement. By the close, the USDollar was up notably, stocks lower, gold down 1.5%, oil up over $82, and the Treasury curve flattened dramatically (5Y +8bps, 30Y -2bps).
10Y Russian bond yields have broken above 10%, trading at the highest yields since 2009 as the Ruble plunges once again to fresh record lows against the dollar. These significant moves come on the heels of two notable headlines overnight. First, German exports to Russia slumped 26.3% YoY in August (down a stunning 16.6% year-to-date with vehicle exports plunging 27.7%) as sanctions batter bilateral trade. Secondly, Rosneft has proposed what is being described as “radical” reactions to the West’s sanctions, which the Kremlin has (for now) denied.
Bonds and Ruble are tumbling…
“The ruble weakened to a record for the fifth day on concern Russia will quicken its move to a free float after more than $20 billion of interventions this month failed to halt the depreciation,” Bloomberg reported today, the same sort of line we’ve been seeing for weeks – in an environment when all major central banks have declared currency war on each other.
The dollar has been methodically devalued ever since the Federal Reserve System was created to manage it 100 years ago. Beating down the dollar in an orderly manner is so ingrained no one even questions it. They call it “price stability of 2% inflation.” Other central banks try to keep up. The result is a race to the bottom: whoever gets there first wins. But ironically, you have to try to get there slowly. If not, mayhem breaks out. The good thing is, currencies have no real bottom, and the race can go on for a long, long time.
In that environment, the ruble has been among the winners recently. We’re even told why: “The sanctions bite,” or something to that effect.
But initially, in a nasty surprise for policymakers in the EU and the US, the ruble didn’t plunge when US and EU sanctions were being bandied in March in response to the Ukrainian fiasco. The ruble actually rose against the dollar for nearly four embarrassing months.
There are many losers when a currency gets devalued, but that hasn’t stopped the Fed or any other central bank. They’re beyond this sort of thought. They’re managing a currency! And there is only one direction into which they manage that currency: down. In that respect, Russia is just now winning the currency war. Even if it doesn’t want to.
A threat hangs over the EU: that Russia, pushed to the edge, could stop the flow of natural gas. Eurocrats claim that it wouldn’t be such a big deal, that no one would be without gas. But a leaked report from the German government explains that it would wreak havoc on German industry.
NATO Baltic Air Policing mission is quite busy these days….
According to the Latvian military, on Oct. 28, the German Air Force Eurofighter jets on QRA (Quick Reaction Alert) at Amari, Estonia, to provide NATO Baltic Air Policing were scrambled to intercept seven Russian Air Force planes flying in international airspace over the Baltic Sea.
The German interceptors identified the Russian planes as a large package, made of attack planes and escort, which included 2x MiG-31 Foxhound, 2x Su-34 Fullback, 1x Su-27 Flanker and 2x Su-24 Fencer jets.
Regardless to whether the Russian aircraft were involved in one of the frequent training missions in the Baltics or were commuting to/from the Russian airfield in Kaliningrad oblast, the package on Oct 28 represents one of the largest “formations” intercepted by NATO fighter planes during the last couple of years.
Usually, close encounters involve Russian, Swedish or U.S. spyplanes intercepted before (or after) violating sovereign airspaces. Sometimes, scrambles are required to greet Moscow’s Tu-22 or Tu-95 bombers on long-range training patrols or strike packages involved in (alleged) simulated air strikes on one of North Europe’s states (usually, Sweden).
Anyway, Russian Air Force missions in the Baltic area have surged, to such an extent NATO presence has quadrupled in the last year: from one nation providing four aircraft in QRA at one base in Lithuania (Šiauliai), to four nations (currently Germany, the Netherlands, Portugal and Canada) at two airbases (the second being Amari, in Estonia).
The following information comes exclusively from my confidential sources as well as European news agencies. Do not expect to be informed, in detail, by the American media, about the unfolding crisis taking place in Europe. The American media is intent on promoting the Ebola hype as a prelude to installing complete medical martial law. Nothing can be allowed to break the concentration of news reports designed to promote an obsessional fear regarding the spread of Ebola with the goal of placing the U.S. under medical martial law. Martial law, in the U.S., is a prerequisite condition in order to force America to accept the coming world war. Therefore, the preconditions which will plunge the nations of the planet into World War III will go largely under-reported in the United States until the last moment.
Putin’s Plan B
Yesterday, I reported that Putin has been aligning his new military allies in India, Brazil, Bolivia, El Salvador, Cuba, Bolivia, Ecuador, Nicaragua, China, and even in South Africa in attempt to force the U.S. to prepare for a Red Dawn scenario here at home in the event that hostilities break out. This was Putin’s version of “Plan B” as he obviously was anticipating the loss of control over Ukraine.
After the pro-Western forces prevailed in Ukraine’s recent election, Putin wasted no time in putting an approximate 60% embargo of Russian oil and gas shipments into Europe, via Ukraine. An embargo, much like a blockade is an act of war. And war is largely where this present situation is headed.
The Big Chill
Gas prices are quickly rising in London. Britain’s energy prices have already soared 18% as of this morning with the announcement that Putin is placing an embargo of energy Russian energy shipments into Europe. It is estimated that Europe gets anywhere from 25% to 33% of its energy needs from Russian sources, much of it via Ukraine.
With the onset of cold weather, Bulgaria has already reached a ‘crisis’ point with regard to supplying energy to its people. Many nations in Europe are now in crisis mode. b
It is safe to say that Putin’s response to the Ukraine elections, which favored pro-Western interests, has succeeded in plunging the continent into an energy crisis. This morning, Romania, Bulgaria, Macedonia, Greece, Turkey and Croatia are reporting the enactment of desperate energy saving measures due to the devastating embargo of Russian gas shipped via Ukraine today. These nations have almost no energy reserves.
Major shifts in policy are being witnessed within a mere 24 hours of the enactment of the embargo. Croatia said it was temporarily reducing supplies to industrial customers while Bulgaria said it had enough gas for only ‘for a few days’.
The patience of the Russian energy moguls and bankers is not without limits. Putin is a cornered and wounded animal. As a result, in the coming weeks, Putin’s actions will likely become more erratic and unpredictable.
The Russian money interests will undoubtedly give Putin the benefit of the doubt when it comes to the embargo as a leverage tool designed to bring Europe to the table to negotiate about the future of Ukraine. However, I do not see this going on much longer than a month. The Russian energy sector will not permit a 60% drop in revenue because Putin could not maintain control over Ukraine. Putin’s days could be numbered if this desperate strategy is not successful. Further, NATO is not going to allow its member nation citizens to freeze to death in the dead of winter. By mid-December at the latest, NATO will force this issue to a head.
Meanwhile, in the USA, real pressure now falls on the Obama administration to get the country under (medical) martial law as a mechanism of control and a prelude to WW III.
We know it’s annoying when ‘facts’ and ‘data’ get in the way of a narrative that everyone would love to come true… but history simply tells us that mainstream is simply misled and then squeezed on their short bond positions. Simply put, if rates haven’t lifted by the time the Fed raises rates (if that ever happens) then they never will and the ‘turning Japanese’ meme will be proven correct once again.
ARTIFICIAL INTELLIGENCE: Google’s New Computer With Human-Like Learning Abilities Will Program Itself, New Hybrid Device Might Not Need Humans At All – Elon Musk Warns That AI Is Mankind’s Biggest Threat, “We Are Summoning The Demon”!