Thursday, March 19, 2015

Paul Tudor Jones Warns This "Disastrous Market Mania" Will End "By Revolution, Taxes, Or War"



"This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist," warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question - can capital be just? Hoping to expand the "narrow definitions of capitalism," that threaten the underpinnings of society, Tudor Jones exclaims, "we're in the middle of a disastrous market mania," adding "one of worst of my life." Perhaps most ominously, he concludes, historically this ends "by revolution, higher taxes or wars. None are on my bucket list."




Albert Edwards: "It Is Already Too Late To Avert Another Crisis"

"Some highly respected market commentators, most recently Ray Dalio from Bridgewater, have raised the possibility that Fed rate hikes risk a 1937-like slump. It is indeed a dilemma but likely already too late to avert another crisis.... In that respect it is probably too late already. We believe that the die is now cast, the cake is baked and coming out of the oven, and the financially fattened goose is well and truly cooked!"







Even Ed Yardeni Admits "This Is Not Investing... The Markets Are All Rigged"

"This is not investing," exclaims Ed Yardeni in this brief clip, "it is all about central bankers... these markets are all rigged." That is not a criticism he notes, "I just say that factually... I love these central bankers, they've been very good to the stock market." The clip is then followed by a defense of this pumping by central banks, because "we are a 401(k) society." Which apparently ignores the whole "massive inequality gap" issue that is staring America right in the eyes... But for now stocks are up so "shut up and enjoy it" as Larry Kudlow said yesterday.



We Must Rethink "Everything" If We Are To Survive This Strange New World

These negative rates that we see in Europe are a first glimpse of fiat currency destruction due to imploding economies.  And again the negative rates are nominal rates meaning they are negative by way of something beyond inflation.  Specifically they are moving to their natural minimum state of valuelessness because the economy is no longer strong enough to provide alternative investments for the fiat currency.  Fiat currency is shown then not to be a storage of value whatsoever.  But only a representation of strength of its respective economy.  As the economy goes to zero so does the value of its currency.  This point is exceedingly imperative to understand in our current global environment.


Peter Schiff: This May Be One of the Last Great Opportunities to Bail on the US Currency

from Peter Schiff:






De-Dollarization Accelerates As More Of Washington's "Allies" Defect To China-Led Bank

"Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II," The Times notes, in yet another indication of declining US influence.



The Unraveling Is Gathering Speed

Debt saturation and debt fatigue = diminishing returns on central bank tricks. The diminishing returns manifest in three ways: the gains from each round of central-bank tricks are declining, the periods of stability following the latest “save” are shrinking and the amplitude of each episode of debt crisis is expanding.
That the unraveling is speeding up is not just perception - it’s reality.





Russian Submarine Activity Surges 50% Since 2014, Admiral Claims "Not Saber-Rattling"

With US forces moving into Poland, Russian "rapid-response" drills underway, and navy exercises in the Baltic Sea, the idea of "saber-rattling" now seems obvious. However, as NATO closes in on its borders, the Russian Navy’s commander, Admiral Chirkov, stated that the intensity of Russian submarines’ combat patrol missions has been up 50% since the beginning of 2014. As the nation celebrates "Submariner Day", Chirkov explained, "we do not indulge in saber rattling... this is necessary and natural for guaranteed security of the state."



Bank Of Japan's Plunge Protection Desperation: "May Buy Individual Stocks"

The BoJ may now run into the same inconvenience in its efforts to control the stock market that it encountered on the way to monopolizing the JGB market: there’s only so much out there to buy. "BOJ held 3.85t yen ($32.0b) of ETFs at end-2014 and plans to boost these holdings by 3t yen per year; at this pace, the current market value of 11.5t yen in ETFs would be entirely bought by BOJ by end-2017," Bloomberg notes.



Philly Fed Signals Worst Margin Compression Since Lehman

With markets pricing in nothing but a "permanent plateau of margins," it appears the Philly Fed is about to ruin that meme too... Thanks to the collapse of the Prices Received (and Prices Paid) indices, margins are now implicitly the lowest since Lehman. The last 2 times "margins" were this low, the US entered recession.





The Financial Folly Lurking Beneath Yellen’s Patient Lack Of Impatience

Janet’s Yellen’s pettifogging today about her patient lack of impatience was downright pathetic. Her verbal hair-splitting is starting to make medieval ritual incantations sound coherent by comparison. But unlike the financial media’s dopey dithering about “dot plots”, Yellen at least has something to hide behind all the gibberish. Namely, she and her merry band of money printers are becoming more petrified each month that they will trigger a thundering Wall Street hissy fit if they move to “normalize” interest rates - even as they are slowly beginning to realize that continuance of ZIRP much longer will only intensify the market’s addiction to rampant speculation, free money carry trades and the associated risks to financial stability.



Artist's Impression Of Hillary Clinton's Bracket

March "madness" indeed...
 

 

Rand Paul "Officially" Running For President In 2016


 









SWIFT reversal: A “vote for peace”?

by Jeff Nielson, Bullion Bulls:
“ There was another very interesting perspective on the surprising and humiliating (for the One Bank) reversal of the previous scheme by the Fascists to have Russia kicked out of the “SWIFT” electronic commerce system. Indeed, arguably it is the commentary I should have written myself — rather than spending time GLOATING over the utter ineptitude of these psychopaths.
This piece (by Bill Holter) focuses more on the geopolitical repercussions of this reversal, rather than the economic repercussions, and thus provides fresh insight here. As Holter points out; there is a very legitimate argument to make that this reversal (and REJECTION of the Fascists’ agenda) is also a “vote” against the U.S. push for more war.
U.S. Congress ‘votes’ for World War III?
U.S. bombs Syria ALONE
U.S. military “loses” ANOTHER weapons-cache
Economic Terrorism Against Russia Intensifies
Read More @ BullionBullsCanada.com


NATO Allies Saudi Arabia And Israel Edge Closer To War With Iran

from The News Doctors:
A recent report by an Israeli TV station revealed that Saudi Arabia would allow Israeli jets to use its airspace to attack Iran, demonstrating the clandestine strategic alliance between Saudi Arabia and Israel. As the Times of Israel reported in an article titled: Saudis ‘would let Israeli jets use their air space to attack Iran’:
“The Saudis have declared their readiness for the Israeli Air Force to overfly Saudi air space en route to attack Iran if an attack is necessary,” the TV report [from Channel 2] said. All that they ask is “some kind of progress” on the Palestinian issue. Being able to use Saudi airspace would allow Israeli planes a shortcut to reach Iran without having to fly around the Persian Gulf, taking up precious time and fuel.”
Read More @ TheNewsDoctors.com


Testers Monitor Student Social Media: First Rule of Common Core, Don’t Talk About Common Core

from TRUTHstreammedia:
NJ parents furious after publisher caught spying on students’ social media for ‘any discussion of Common Core tests'; Publisher Pearson has ‘very sophisticated system that closely monitors social media for pretty much everything.’ ~(Truthstream Media)
The First Rule of Common Core is, Don’t Talk About Common Core.
Why? Because they are apparently watching very closely, and punishing any students or teachers who dare to speak up about it – or even discuss the details of the curriculum.
Read More @ TruthStreamMedia.com



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