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Eighthman

Eighthman
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  • Greece: What Do Investors Need To Know About Risk? [View article]
    Nationalism and mob actions are not about cold rationality and never were. Even if 60% vote 'yes' (unlikely), it means nothing in a nation with traditional tax evasion and general noncompliance. They aren't Germans and no force on earth will ever make them such.
    Jul 5, 2015. 11:51 AM | 2 Likes Like |Link to Comment
  • A Look At Greek Contagion Risk [View article]
    And now - the IMF and Wikileaks have opened a Pandora's box by acknowledging that Greece's debt is unsustainable. What about italy and Spain?
    Jul 3, 2015. 06:27 PM | Likes Like |Link to Comment
  • A Look At Greek Contagion Risk [View article]
    Who's next? Venezuela for sure. Ukraine too. I wonder about EU debt politics in Italy and Spain. Politics isn't entirely rational.
    Jun 30, 2015. 10:21 PM | Likes Like |Link to Comment
  • Why The Probability Of Russia Or China Bailing Out Greece Is Low [View article]
    The EU states are vassals of the US - spied upon, distrusted and privately spoken of with contempt (as in "F**k th EU")
    Jun 27, 2015. 10:34 PM | 1 Like Like |Link to Comment
  • 7 Countries, 12 Companies, 2,200 Miles, 0 Russian Gas? Priceless [View article]
    Just another example of simply repeating anti-Russian propaganda consistent with Pentagon attempts to start yet another pointless war. Russia kept pumping gas to Georgia years ago even while they were at war with them!
    Jun 26, 2015. 08:59 AM | Likes Like |Link to Comment
  • 7 Countries, 12 Companies, 2,200 Miles, 0 Russian Gas? Priceless [View article]
    Since when does RUSSIA want to cut off Europe's gas? They have zealously tried to come up with other delivery routes, only to be stopped by the US or their EU vassals.
    Jun 24, 2015. 10:02 PM | 1 Like Like |Link to Comment
  • Are Treasuries Poised For A Breakdown? [View article]
    Could a China- dominated global banking system cause a crash in the dollar? It seems to me that China does not fully control its 1.2 trillion dollar reserves because they are part of a dollar system - that could suddenly be frozen or even confiscated by a hostile US in the future ( such as with Iran).

    I think this scenario could be pushing China towards building an alternative system ASAP and especially if they intend to massively draw down these reserves to build the Silk road.
    Jun 24, 2015. 04:14 PM | Likes Like |Link to Comment
  • Stages Of Hyperinflation [View article]
    Here's a problem no one seems to talk about: national holdings of the dollar are unsafe. It is a dangerous reserve currency. Why?

    What would the US do if ISIS conquered Saudi Arabia or war with China broke out? Freeze their assets (like Iran) - maybe even confiscate them. And the US controls the banking system that can do that. Trillions of dollar claims could be wiped out or frozen forever by US dictates.

    This is why Big Changes could occur once the BRICS nations build out their banking system. Think about what could happen once they REALLY control their trillions of dollar holdings.
    Jun 23, 2015. 08:24 AM | 1 Like Like |Link to Comment
  • Stages Of Hyperinflation [View article]
    If the above is real, why has Japan survived for so long? How is it possible when their debt/deficits/demograp... are hopeless?

    I do believe that Russia and China are following the Glazyev strategy - a former Putin adversary that got tapped to construct a long term strategy for defeat of the US by attacking the dollar. ZeroH asserts that the huge "Belgium" sales of Treasuries is actually China dumping US debt.
    Jun 21, 2015. 06:56 PM | 1 Like Like |Link to Comment
  • Greece Threatens Creditors With Plan B, What It Needs Is A Plan C [View article]
    There will be no Grexit. This is a stage act. The EU cannot allow Greece to leave (Juncker) so compromises will be made and the can kicked down the road.

    If you disagree, then explain how Tsipras can get away with public insults and defiance so easily.
    Jun 7, 2015. 09:34 AM | Likes Like |Link to Comment
  • Why Greece Still Matters To Financial Markets [View article]
    Where is the reality in this Grexit thinking?

    My neighbor owes me $1000. He demands more money to be lent him, declares that my requests to be paid injure his dignity and he skips due payments.

    Now, he publicly humiliates me with explicit insults. What conclusion should you draw from this if I fail to take any real action? Answer: I'm terrified of him and too gutless to do anything.
    Jun 6, 2015. 08:55 AM | Likes Like |Link to Comment
  • Why Greece Still Matters To Financial Markets [View article]
    Only one parliament? Anyone notice how these groups work in lockstep especially when the US issues the orders? Did the German parliament or highest court stop Draghi? Did peacenik European parliaments prevent Pershing deployment years ago?

    It's so easy - they do as they are told and don't rock the boat. The intelligence agencies know about their "indiscretions" (the British are horrific, if you've been paying attention) and they get bribes such as generous speaking engagement fees.Or did you think that only the Clintons have these graft skills?
    Jun 5, 2015. 08:39 AM | Likes Like |Link to Comment
  • Why Greece Still Matters To Financial Markets [View article]
    If you haven't been paying attention, Greece just won! The EU and IMF cowards have tipped their hand. Juncker says it's impossible for Greece to leave and the EU negotiators said that none of their "demands" were an ultimatum.

    They now request "bundling" - which was quickly accepted. Kick the can for another month. They'll be more excuses and delays after that.

    I understand the IMF recently said that high debt nations shouldn't try to pay it off (!) and there was also a study about reviving economies by 'helicoptering' money to ordinary citizens. Get it? They don't even have an intellectual backdrop of support for paying down debts. All Greece - and Italy and Spain - have to do is drag their feet and make believe they are negotiating. The once mighty bankers are screwed.
    Jun 4, 2015. 08:24 PM | Likes Like |Link to Comment
  • Greece Threatens Creditors With Plan B, What It Needs Is A Plan C [View article]
    Blah, blah, blah. I've never witnessed such an enormous public act of 'crying wolf' in my life. Next, they'll announce a bundled provision to cover another month, then partial payments and arguments about odious debt. After that, Greek agreements on austerity will be exposed as bargaining in bad faith. And then start all over again.
    Jun 2, 2015. 07:46 PM | Likes Like |Link to Comment
  • Something Wrong With GDP Seasonality? [View instapost]
    Try reading the next entry about stagnant incomes and rising expenses. We would be better off confronting our Zombie economy (staggering, jerking along while actually dead) immediately instead of more excuses and delay.
    May 30, 2015. 05:54 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
260 Comments
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