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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (51428)4/23/2013 8:46:55 AM
From: Jeff Jordan  Respond to of 71475
 
LOL, the possibility of was is diminishing.

[yt]ofoWoHJI7Bc#t=2s[/yt]



To: Real Man who wrote (51428)4/23/2013 9:43:04 AM
From: ggersh  Respond to of 71475
 
I think we've reached that saturation point already.
For it to have been mentioned means it's already
going on....

Ya QE can last forever, but there has to be a tipping
point, when te people say enuff of this shit....-nfg-



To: Real Man who wrote (51428)4/23/2013 10:24:53 AM
From: ggersh1 Recommendation  Respond to of 71475
 
http://jessescrossroadscafe.blogspot.com/

The Land of the Blind


Paul Krugman said something absolutely remarkable today. Here is the quote:
"It’s true that few anticipated the severity of the 2008 crisis — but that wasn’t a deep failure of theory, it was a failure of observation. We actually had a pretty good understanding of bank runs; we just failed to notice that traditional banks were a much smaller share of the system than before, and that unregulated, unguaranteed shadow banks had become so important."

Paul Krugman, A Heart Breaking Work of Staggering Folly

Oh I see. You weren't wrong, you just weren't looking.

Are you fucking kidding me! You regularly prescribe public policy, but failed to see one of the greatest credit bubbles in history, and the widespread fraud from the housing bubble? That is your rationalization for being wrong?

So in addition to the CEO defense of non-involvement, we can now add the Sergeant Schultz defense, 'I wasn't looking. I know nothing.'

So tell us, what other things aren't you looking at in the real world these days?

How about the widespread corruption in the banking and financial system, and the egregious manipulation in the markets?

Economists are certainly the authors of 'heartbreaking works of staggering folly.' And in addition quite a few of them seem to have an underdeveloped sense of proportion, and irony.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"

Upton Sinclair



To: Real Man who wrote (51428)4/23/2013 2:45:50 PM
From: ggersh  Read Replies (1) | Respond to of 71475
 
"Tweeting" a new markit fundamental


From A Twitter Hack To The Complete Evaporation Of All Market Liquidity In One Chart
Submitted by Tyler Durden on 04/23/2013 - 13:24



Presented with little comment aside to note that based on a tweet, the 'deeply liquid' US equity market collapsed instantaneously as all those liquidity-providing 'algos' jumped ship. The good news, if indeed this was merely a test for "the big one", is that everyone managed to sell ahead of everyone else. Right?