Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9553. (Read 26609413 times)

conjugal visit cancelled so....

^
By the way, I wonder who are picking sex 🤪

OP gone mad LOL



I am sure those who picked sex, does not have a girlfriend or wife 🤪

Good afternoon by the way,
Observing @ $10,450

You can see them here https://youtu.be/-pvf8ftpRWg?t=450

I imagine his wife was sitting next to him so he had to say that.  That woman is in the 99.9999^th precentile.  I don't want to get carried away though as Bob hasn't weighed in on the nails situation yet.

Define "Bad". Haven't seen many Libs shooting people lately, the days of the Weather Underground and SDS appear to be long gone (ah, those were the DAYS!).

Overall this is just another chapter of a very old and kind of annoying thing: You can go back to the Anti-masons of JQ Adams, which morphed into the Whigs, which then splintered into the "Know Nothings" of the 1850's, then the "American Party" of the 1880's, which resurfaced as the "KKK" of the 1920's *, which became the American Nazi Party of the 1930's, which quieted down for awhile but came back with the Tea Party of the 2008's, which has now morphed into the "Proud Boys".

Each time there had to be a straw man "enemy" as these groups don't work without an external threat. So you had the Masons, The Catholics/Papists, the "Blacks", the "Jews", the "Liberals", and now of course "the Antifa!". Whatever, just a straw man to beat up in cute cartoons and throw down....

So just think of PB's and their ilk as KKK/Anti-masons and you're pretty much there. Nothing to be ashamed of per se, it simply is what it is: The latest incantation of a pretty old set of policies that young people stumble on and think is GREAT (Disclaimer, Raynd is like that too :-).

* Note: The KKK of the 1920's has almost NOTHING to do with the dead-enders after the Civil War. Motives were very different, and lined up far closer to the Know Nothings of yore. When that blew up due to blatant corruption in the late 20's, the same ideas were recycled into the American nazis, which really had a problem after the "Real" nazis went down.

bingo

Building of infrastructure requires wealth. Once the financialization party is over, the building stops.

Haha, have fun and be careful

merit for checking out like a responsible WO

(also you're not legendary yet so I'm more inclined to hand them out)

Bury your goddamned poop yo!

https://uk.finance.yahoo.com/news/invest-1-000-bitcoin-instead-110127803.html

countries are reluctant to announce a possible recession publicly. if they do, investments decline and a recession becomes a self fulfilling prophecy.

Well infrastructure is wealth, if of course it's targeted, not airports in the middle of deserts like sometimes happens (in Spain famously). The US should also spend a lot on education to raise the level of its citizens.

I'm very doubtful any of that will happen though, as indeed people in charge (companies propping up US politicians) don't care about the long term.

With that, I disagree. First of all the US is already propping up its economy with completely crazy deficits, which is not the case elsewhere.

But more importantly, plenty of its growth comes from multinational companies, in the tech sector notably, that will get hurt with a global recession, and local infrastructure spending will not help.

The US gubmint can financialize themselves any amount of currency. The problem is that those in charge confuse financializing currency with marshaling wealth. Funny thing about wealth is that it is tangible, and cannot be zapped into existence by an entry into a spreadsheet.

But the effects would not be the same either. The US stock market is crazy high, so a recession has to krach it. I'm in Europe, and the stock market has been flat for years, and growth low. So going from 1/1.5% growth to -0.5/-1%, while a recession, will not be a big shock. Personally I will have no fears for my job for example, and continue to get raises even. My country isn't even forecasting a recession yet.

The current bond inversion 'tis but a sideshow. Or more properly a side effect.

"Wake me up when September ends"
- B J Armstrong

The changes enacted were ostensibly to reduce the prevalence of 'too big to fail' institutions, to reduce the prevalence of exotic derivatives, and to reduce the prevalence of debt held by giant institutions collateralizing further debt held by giant institutions. Those were the stated objectives that would serve the goal of reducing systemic risk to the financial system. How are those objectives holding up?


Immediately before the GFC, the FED had plenty of dry powder (such as a 5% federal funds rate as but one example) to deal with such a crisis. Today?


The only out they have, should it hit today, is to inflate the dollar to levels that all but ensure a loss of trust, likely ending in a Venezuelan-style death spiral. Well, either that, or let the owners of the banks take the hit (albeit with associated collateral damage). And we know that's not gonna be the route they take.

Many of the worst conditions in the world are now losing the freedom to speak freely, many problems are being created in the world politically and that is why social unrest is being created. Big guys use their hair to stay in power illegally The picture is just one example of that.