Hi DJ, <<And carry a big Bible>> Forgive me DJ, for I cannot imagine how I could have forgotten. Perhaps what took place in Venezuela shook my faith in the democratic process, especially that part which forms a concatenated subset of interests with oil. I believe the US administration cheered, and cheered on for the overthrow of a democratically elected rogue administration, and now will destabilize same again via proxy Columbians ala Laos/Cambodia Part II. Or maybe it was the abandonment of Argentina as they had completed their wealth forfeiting service to a currency block. I must be aging, or I am cynical before my time.
<<US is cleaning up Philippines (at least that’s what I heard) and you can go snorkeling&diving for the rest of your days>> You heard wrong. Philippines pacification will require the services of mucho troops living in jungles while the infestations switch to living in cities or simply melt away, and will necessitate mass migration out of the infested islands. Since neither will likely happen nor be sustained for beyond 30 years, the place will not be safe for S&D for a long time. The solution in the Philippines is self-rule.
My bet is still that Indonesia will be co-opted to split itself into 200 countries, else to ‘Islamically’ dangerous. That leaves S&D safe only in certain parts of Malaysia and Thailand, and perhaps Maldives (all Moslem but peaceful country).
<<In any case, the hatches are battened down, all the animals aboard, Noah can push off ... (well, lemme check again;)>> … but DJ, the ocean of funding is being poisoned and drained, at the same time, and thus the remaining pool of water gets more potently toxic … making the journey perhaps not wise. Better to slaughter the animals by turning them into gold or trading salt so that they will not have to die on a harsh journey;0/
<<except for ECB, saying business as usual and the usual suspects (danger of high wage increases in Germany, unsettled labour market conditions etc) are to be arrested>>
Excellent, so not all have lost their senses. Sounds like Euro deserves a vote from international investor electorates, though the Le Pen guy sounds suspiciously like the same beast that emerged from Europe a few dozen years ago. I am sure the Pandora’s box is full of the same beasts.
There is simply no sure bets anymore.
I may trade my CHF positions a bit on Monday if I can figure out what to trade it in exchange for.
Life is getting so very globalized, complicated, and thus dangerous, where not taking a position is taking a position. A game where most will lose, none can quit, and all will die from. What fun.
Chugs, Jay |
