Gedankonomist

Volatility of Equity World Spreading to Credit

You could lose (like in 1933 when Federal D. Roosevelt promulgated gold confiscation). Hide your stuff.


On May 27 04:59 PM yellowhoard wrote:

> My portfolio depends on incompetance.
>
> As long as these f#cktards are in charge, I don't know how I can
> lose.
>
> I think they should guarantee everything.
>
> Muhuhahahahaha.

JPMorgan Global Manufacturing PMI Shows Another Severe Contraction in February

Basically the idea is this: ruin the US manufacturing base. Make loans to US companies thru the "Export Import Bank" and get them to move overseas. Retrain the former manufacturing employees for "service sector" jobs. Get the US entirely dependent on imports. That way if the US ever decides it wants to go "unilateral" i.e. remain sovereign, retain it's independence, it will be unable to.

Will Italy Be the First to Pull Out of the Euro?

The EU probably won't allow Italy to pull out.