Stacy Summary: Here we go again another bubble and more rigging of the system for the bankers to take all the foam. When and if that bubble gets going, of course.
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Stacy Summary: Here we go again another bubble and more rigging of the system for the bankers to take all the foam. When and if that bubble gets going, of course.
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Max many thanks for your outstanding reporting on the
” Truth Of The Markets” I’m curious, why have you not covered the cafr1?
The governments have two sets of books,from the county,city, state level and all the way up to the Coprorate Federal Gov., they are not broke, they are hiding their liquid investment assests off the books and squeezing the people for un-needed tax hikes.
“The Comprehensive Annual Financial Report”
http://cafr1.com
“The Biggest Game In Town”, by: Walter Burien
http://www.youtube.com/watch?v=vo0PwARD_Dk
I was listening to Bloomberg Surveillance last week and the host literally asked the guest,
“So, where’s the next big bubble going to be?”
Yeah,….Max, you might as well, cause the financial systems a joke!!
@Max:
Why don’t you have the comedian that made the Queen’s pussy joke on your show?
The Coming Collapse of the Middle Class
http://www.youtube.com/watch?v=akVL7QY0S8A
The collapse is coming although it will not feel like a crash just a gradual engineered correction, completed by the spring next year. It seems that nothing is left to market forces and judging the recent intervention and rigging this engineered correction will be well coordinated and all the stars of the recent crisis will be playing their respective parts! Gordon Brown will(Flash Gordon) will have another chance to save the world. I’m sure it will be better second time around!
Bit more fun ?
How nimble are you? Are you fast enough to swim up a waterfall?
http://fofoa.blogspot.com/2009_08_01_archive.html
Euro JUlY 0,7% DEFLATION and August 0,2% DEFLATION http://tinyurl.com/p23sff
Max
Lets wait till Gold gets to & HOLDS $1000
Mike
Great article of mr. Amrstrong (t seems he pulled it out of the moth balls), but imho one would expect a combination of the effects he describes and others. Not only a dysfunctional judiciary/govt, but also inflation and imho war preparations would drive gold. Of course there is an overlap in saying ‘the judiciary no longer protects ownership rights’ and ‘the government allows banks to swap assets for worthless paper we supply’..
What I don’t understand about Armstrong’s piece is that by clawing back illegal(?) money from Switzerland (UBS)voids the rule of law. To me..if we had more transparency over who’s hiding/taking bribes etc the efforts to clean the system would be of greater benefit to all. If you have money in Switzerland and it is yours through legal endeavors…good for you…if not why is it bad to investigate..?
Any ideas why this move is the greatest threat after all the stealing that has occurred up to this point?
ill Gold reach $5000? Fascinating historical perspective and future projections from Martin Armstrong
Dear Max,
Your website (perhaps a blog post) sent a lot of traffic to our site in May/09 to read this gentleman’s work.
I am certain you and your readers will get a lot from this as Martin Armstrong always takes a historical approach (back to Roman Times) in his quest to identify major changes in market direction.
Martin Armstrong was the former President of Princeton Economics. This is a very long but interesting 16 page thesis which I transcribed for ease of reading.
FYI
http://moneytalks.net/index.php?option=com_content&view=article&id=2111:will-gold-reach-5000&catid=48:daily-updates&Itemid=88
Very Sincerely
Rob
Robert Zurrer for Money Talks
FDIC finances 80% of failed bank purchases..whay can’t depositors start a coppertaion of owners? Ah, of course, if your no bank YOU LOSE http://tinyurl.com/lrgram
@ Mike/Liverpool
Government averted the crash by throwing public money at the banks.
However, it is not a solution, just a postponement of the inevitable. The first link is an admission that both China and US are building another bubble. Not sure what the bubble will be called but I would bet on a “green” bubble.
So, we’re all living in a big Ponzi scheme and it will be OK until the day it just stops. Ask Bernie.
State may take majority stakes in banks
http://www.irishtimes.com/newspaper/breaking/2009/0831/breaking6.htm
34 Percent of Workers Have One Week or Less of Savings
http://globaleconomicanalysis.blogspot.com/2009/08/34-percent-of-workers-have-one-week-or.html
Anti-war movement plans protest against Obama’s Afghanistan policies (Are the left seeing through the fake ‘change’; its good news – attack Obama from the left)
http://www.kansascity.com/news/world/story/1412844.html
German state to lend directly as second credit crunch looms
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/6095203/German-state-to-lend-directly-as-second-credit-crunch-looms.html
A Shocking Fall
http://matterhornassetmanagement.com/newsletter/?newsletter=21
Britain to crack down on file sharing
http://russiatoday.com/Top_News/2009-08-31/britain-crack-down-file.html
Oh & stop having fools & plantpots on your show…………..There is only one man whom has called this spot on from day one. Not Schiff & not Mish………………Eric Jansen (Itulip).
He leaves the other in the dust.
Mike
Boring
WHERE IS THE COLLASPE MAX-I-US?
Been waiting since April!
Mike
If only it didn’t affect me..
1st