Europe has no cash reserves in its banks for depositors (and debtors) The banks have unpayable bad debt on their electronic ledgers on their books that will not be serviced and mght as well be missing.....
One year Greek notes pay 144 percent ... and in reality nothing....
Qualitatively the debt-money-asset macroeconomic system self-balances itself when asset (often-debt-fixed) valuations and asset previous production and supply are in excess of system's ideal equilibrium values. With recent 30 year inclusion of an extra 2 billion eastern workers and their lower wages, the system is grossly out of kilter. A nonlinear transition phase of historical proportions. New rules will need to be made regarding monetary policy and societally valued useful services and labor.
The Ubiquitous Lammert x/2.5x/2x Fractal Pattern: Ecce the Skeletonized 11 August 2011
7/17/14 days :: x/2.5x/2x
7/17/14 days :: x/2.5x/2x
final quantum three phase trading saturation fractal with a nonlinear lower low between the 16th and 17th day of the second fractal(2x and 2.5x)
What ... what ... is the probaility that this
is occurring by
Chance and chance alone?
From the Main Page of the Economic Fractalist: Posted in 2005:
The ideal growth fractal time sequence is X, 2.5X, 2X and 1.5-1.6X. The first two cycles include a saturation transitional point and decay process in the terminal portion of the cycles. A sudden nonlinear drop in the last 0.5x time period of the 2.5X is the hallmark of a second cycle and characterizes this most recognizable cycle. After the nonlinear gap drop, the third cycle begins. This means that the second cycle can last anywhere in length from 2x to 2.5x. The third cycle 2X is primarily a growth cycle with a lower saturation point and decay process followed by a higher saturation point. The last 1.5-1.6X cycle is primarily a decay cycle interrupted with a mid area growth period. Near ideal fractal cycles can be seen in the trading valuations of many commodities and individual stocks. Most of the cycles are caricatures of the ideal and conform to Gompertz mathematical type saturation and decay curves.
This page was last updated on 15-May-2005 01:21:59 PM .
And add to this pattern starting on the 12th day of the third fractal of the three phase DAX series 7/17/14 days: a reflexic blow-off fractal of 2/5/4 of 4-5days with the day 4 of the third fractal occurring on day 51 of a 20/51/x-2x final blow-off growth fractal series for the US bond. On an hourly basis the DAX is an elegantly compressed growth fractal where the last portion of the previous hourly fractal is integrated into the ongoing fractal: 17/43/36 hours starting on the gapped higher day 12 27 September. 7 terminal hours of the 17 hour first fractal are integrated into the second fractal which has an integreated patternof 8/20/16 hours or 42 hours with the characteristic nonlinear break between hours 19 and 20 the the second fractal. 7-8 terminal hours of the 42 hour second fractal form the base fractal for third fractal which is currently 7-8/18-19/12 of 12-19 hours. This is DAX final peak valuation area. The collapse is expected to be nonlinear from here corresponding to the 7/17/14/7 of 10-11 day pattern and the US final bond blow-off of 20/51/1 of x-2x days.
COMPOSITE EQUITIES NONLINEAR LOWER LOW OCTOBER NOVEMBER 2011 ENDING
Step back. Kindly observe the Wilshire's 1982 34/85 of 85 quarter first and second fractals series and the interpololated March 2009 5/13/10/7 of 7-8 month :: x/2.5/2x/1.5-1.6 month series ending October-November 2011.
An interpolated Wilshire March 2009 4 phase x/2.5x/2x/1.5-1.6 x :: 5/13/10/7-8 month quantum Lammert fractal pattern is exactly timed with the completion of a larger Wilshire 1982 x/2.5x 34/85 of 85 quarter first and second fractal series with historical nonlinearity expected in the terminal portion of the 85 quarter second fractal.
THE COUNTERVAILING US THIRTY YEAR BOND NONLINEAR BLOW-OFF TO HISTORICALLY LOW INTEREST RATES OCTOBER NOVEMBER 2011
From 1982 there are two 3-phase fractal growth sequences for the US Bond. The second 3-phase series began in 2000. Now observe the 2000 US 30 year bond 3-phase fractal growth series: 27/64/53 of 53-54 months :: x/2-2.5/2x ending in October-November 2011.
Global Equities are poised to collapse.
US bonds are poised to blow-off to historically low interest rates.
What is the chance that these countervailing Lammert asset valuations patterns which so aptly reflect the status of the hegemony US macroeconomic debt-money-asset system are occurring by chance and chance alone?
The Self Organizing Operations of the Macroeconomy represent a patterned science equivolent to physics.