"Bowels Emptied! Women Molested!" German Media Reveals "Monstrous" CCTV Footage Of Refugee Pool Mayham

Submitted by Tyler Durden on 01/24/2016 - 18:50
Despite the best efforts of European cartoonists, some refugees apparently didn’t get the message about proper pool behavior because according to “reports,” some asylum seekers were caught on closed circuit TV doing some rather lewd things at the Johannisbad baths in Zwickau.

The One Chart Which Explains "Why Markets Are All Falling Down"

Submitted by Tyler Durden on 01/24/2016 - 16:46 We hope that after they see the following chart, which shows not only DM net liquidity injections (i.e., q-easing), but also EM net liquidity outflows (i.e., quantitative tightening) and which explains not only the recent selloff, but also shows how to trade global central bank and sovereign wealth fund and reserve manager flows, all confusion and denial will end.

The Ultimate "Truth Bomb" - The East Knows The West Is Bankrupt

Submitted by Tyler Durden on 01/24/2016 - 22:25 What would the world look like the day following a “truth bomb” dropped by Mr. Putin and the Chinese.

Kyle Bass Warns Of "A Lot More Pain To Come" Before This Is Over

Submitted by Tyler Durden on 01/24/2016 - 21:50 Having recently explained his "greatest investment opportunity for the next 3 to 5 years," Kyle Bass expands on his China discussions to focus on Emerging Markets more broadly and specifically The BRICs. As Benzinga summed up, Bass Warns "we still have three tough innings to go, maybe four," he warning that emerging markets will "see a lot more pain before things are okay."

Big Bad China

Submitted by Tyler Durden on 01/24/2016 - 21:15 China matters...
 

With EMs And SWFs Pushing Markets Lower, Here Are The Three Dramatic Conclusions

Submitted by Tyler Durden on 01/24/2016 - 21:07 Earlier today we showed an amazing schematic courtesy of Citi's Matt King: if one includes the reserve liquidation by various EMs and SWF, and nets it against liquidity injections by DM central banks (and the PBOC), one gets a perfect quantitative, not just qualitative, walk thru on how to trade markets: in other words one can measure, using high frequency data in real-time, just where markets should trade based on liquidity flows and promptly profit from any arbitrage opportunities. But aside from the potential for substantial profits, there are more profound implications. Matt King lays them out as follows..
 

What The Charts Say: "Similar Topping Process To 2000 & 2007"

Submitted by Tyler Durden on 01/24/2016 - 14:20 The deterioration of the indicators highlighted below point to a downside break for the late-stage cyclical bull market from 2009, according to BofAML. Should 1,867 decisively give way, the 1820 (October 2014 low) provides additional support but the bigger risk is a top that projects down to 1,600-1,575; and derspite the last 2 days' bounce, volume and breadth suggest a market under distribution or selling pressure, not primed for new highs.

Even Goldman No Longer Believes China's GDP Fiction

Submitted by Tyler Durden on 01/24/2016 - 19:59 In China, the government reported 4Q GDP growth of 6.8%. However, during the same time period our China CAI (Current Activity  Indicator) expanded at an average of just 4.5%, 230 bp slower than the official measure. Earlier this week our December CAI reading suggested China economic growth has decelerated to just 4.2%.

The Clinton Foundation: Hillary Beholden To Banks, Corporations, And Foreign Governments

by Brandon Turbeville, Activist Post:

Much has been made of the questionable actions and connections held by Clinton’s foundation enterprise over the last year.[1] Many allegations have been made but what is entirely undebatable is the fact that the Bill, Hillary, and Chelsea Clinton Foundation works closely with Wall Street banks and is also heavily funded by them. As Ellen Simon of Investopedia sums up,

Bill Clinton started a public health non-profit in 2002 that has since grown into The Bill, Hillary & Chelsea Clinton Foundation. The Clinton Global Initiative, which holds forums for international leaders, was separately incorporated from the foundation in 2010 at the request of the Obama Administration while Hillary Clinton was Secretary of State.[2] After she stepped down as secretary of state, the two funds were reunited.[3]

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Exposing The Fiction Of Mainstream Macroeconomics (In 9 Simple Questions)

Submitted by Tyler Durden on 01/24/2016 - 19:20 The game is simple: we know that macroeconomics is a fiction from top to bottom, the challenge is to expose it as such. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and central bankers, which are designed to expose the contradictions in their economic beliefs. A pretence of economic ignorance by the questioner is best, because it is most disarming.

Meet China's Largest Empty Building - The Ghost 'Pentagon'

Submitted by Tyler Durden on 01/24/2016 - 18:20 While China's ghost cities are now a well-known occurrence - massive empty spaces built "Fields of Dream" style for when 'they' come from the countryside - the following massive 500,000 square meters of 'Ghost Pentagon' surely takes the proverbial biscuit when it comes to mal-investment mania. As The BBC reports, the Pentagonal Mart - a shopping mall in Shanghai built in 2009 - inspired by the Pentagon in the United States - has now gained the dubious title of China's largest empty building.

The Bernie & Hillary 'Group Think' Show - Cynics, Cowards, Or Populist Propagandists

Submitted by Tyler Durden on 01/24/2016 - 17:50 When Sunday’s Democratic presidential debate turned to world affairs, the NBC correspondents and both Sen. Sanders and ex-Secretary Clinton fell in line behind "group thinks" about Syria, Iran and Russia that lack evidentiary support. The two possibilities for such behavior are both scary: either these people, including prospective presidents, believe the propaganda or that they are so cynical and cowardly that they won’t demand proof of serious charges that could lead the United States and the world into more war and devastation.

Norway's Biggest Bank Demands Cash Ban

Submitted by Tyler Durden on 01/24/2016 - 17:45 "There are so many dangers and disadvantages associated with cash, we have concluded that it should be phased out..."

Leaked Document Reveals Why China Will Not Unleash Any Major Monetary Stimulus

Submitted by Tyler Durden on 01/24/2016 - 17:27 The People’s Bank of China is reluctant to further reduce the required reserve ratio for fear of such a move resulting in the weakening of the yuan, according to a leaked document. The information, reportedly leaked from minutes of Tuesday’s meeting between the central bank and commercial lenders, was shared widely after it was published on major mainland online portals including Sina.com and Netease.com.

The Other Revenant

Submitted by Tyler Durden on 01/24/2016 - 17:20 Is "The Bear" back from the dead...

"How Bad Can Texas Get?" Goldman Answers

Submitted by Tyler Durden on 01/24/2016 - 16:23 As we put it on Friday, "the Texas recession is only in its early innings," because we are just now beginning to witness the bankruptcies and shut-ins that will soon become endemic and sweep across the entire US oil patch as revolvers are reigned in and Wall Street suddenly refuses to finance uneconomic producers' funding gaps. So how bad can things get in Texas, you ask? Goldman has ventured a guess.

Wrong For The Right Reasons: And Why It Matters

Submitted by Tyler Durden on 01/24/2016 - 15:50 What is currently transpiring in the markets today is exactly what the "everything is awesome" crowd stated wouldn’t happen – and exactly what many others argued – was inevitable. And, suddenly it is they who are finding out the rarefied air of "brilliance" The Fed enabled them to breathe has indeed been shut off – and all that’s left to inhale is their own exhaust fumes.

Here Come The Blackouts: Largest Ever Muni Restructuring Falls Apart As Puerto Rico's Power Authority Balks At $9 Billion Deal

Submitted by Tyler Durden on 01/24/2016 - 15:20 The largest restructuring in muni market history fell apart on Friday when Puerto Rican lawmakers failed to approve a deal to rework some $9 billion in liabilities for the island's beleaguered power utility. "This is incredible. Our power plants look like the cars in Cuba."

Sanders' Success Simplified

Go Fish...

Criminal Complaint Filed With Military Authorities Against All Lufkin Federal Actors

PUBLIC NOTICE
from Supreme Court Case:
The Union is the collective of the 50 respective commonwealths united by and under authority of the Constitution, and the geographic area they occupy.
There is no provision of the Constitution that grants Congress power of territorial or personal legislation anywhere within the Union—only subject-matter legislation over certain things (Article 1 § 8(1-16)).
This means that Congress have no legislative power over property located anywhere within the Union or any American residing there, a limitation confirmed by the Supreme Court:
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Trump Takes on the Neo-Cons

Establishment “conservatives” are threatened by Trump, much like how Russia’s intelligentsia are skeptical of their country’s own populist, Vladimir Putin
by Gilbert Doctorow, Russia-insider:

Hats off to Donald Trump for his disparaging remarks about The National Review and their pitiful attempt at a demo job on his campaign in their latest issue. TNR has assembled a collection of testimonials from personalities reputed to be “conservative” and all laying into The Donald.
We are defined by our enemies, and the editorial board of The National Review, in defending what it calls the conservatives’ “ideological consensus” has highlighted just what is wrong with the party’s establishment.
Read More…

Americans are going to have Their Wallets Rocked in 2016

from MyBudget360.com:
Americans are already in the process of having their wallets devoured by shadow inflation and a system that is gutting the middle class like a turkey being stuffed for the oven.  We’ve been in recovery according to various money oracles since 2009 but all we got was a drop in the homeownership rate, stagnant incomes, and a middle class that is now a minority.  The central banking experiment has simply funneled more money into the non-productive financier class.  Regular working families continue on a downward spiral of working poverty and living on the edge of a paycheck to paycheck existence.
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