Versus the deciders' plan to RESTRICT it...
Maybe they tried to milk the cows a little too much and the cows died. Like the future of the US economy stock markets, and world banking system. If you milk them bone dry, there will nothing left at the end of the line.
The Dow Jones has been taking a beating lately. Due to inflation, rising interest rates, and consumers not spending much. A disconnect between the DOW & NASDAQ, traveling on opposite trajectories surely of sign of impending doom. Wobble, wobble, wobble, wobble....wobble, wobble. 😂
Major banks on the verge of collapse, what do you think they are going to do with their stock and security holdings?
Hold them tight and buy the dip? Hahaha!
Very unlikely, they are going to fudgecake SELL everything in their portfolios before throwing in the towel and sink the markets like a stone vessel.
Major institutions (banks) will probably sell large volumes of S&P 500 company holdings before they kick the bucket! Not a pretty picture that will be, or chart pattern for that matter! 😂
“Live long and prosper” folks. 😃
For another view of how the elites could stumble, read @DeepThroatIPO's financial 'fantasy' tale:
Trigger warning - in this version most of us go down with them, but at least we'd have company.
Fed or no Fed, if/when the Petro yuan/BRICS gold backed currency takes hold, the ship goes down.
The Western elites against the Mid/Eastern Elites will be one hell of a religious war. At the end of it all, the only rule of mankind is Tribalism. And war is the health of the state (tribe).
Hey Bill, when are you going to tell us what killed those cows of yours? You mentioned it and that was it. Inquiring minds want to know!
Bill, excellent article. It's true, there is enough blame to go around; unfortunately, we still have a lot of deniers. It's always the Democrat's fault for anything that goes wrong in our country. If you don't believe it, just ask a Republican.
I suspect, like the US and Argentina, most other indebted countries will never be able to pay their respective national debts. This prompts me to wonder if there should be a world wide re-set whereby all countries default simultaneously on all national debts. It wouldn't restore any fiscal discipline, sadly. But it would be refreshing to begin anew even if our first Federal budget reflects spending far in excess of revenues.
well my three daughters have all told me not to be so macho and look for a female who might just be able to deliver a better outcome than any of the clowns we have currently sticking their bums up! not sure I can come up with any character examples inn terms of actresses woops anyway maybe there is some gal out their who's willing to kick the shi* out of all these wankers ..! Dolly Parton maybe?
Savior Javier Milei might want to study his Roman history. The first guy who tries to buck the elites, usually gets stabbed in the back. I wish him well, and hope South America will become a shining light to North America.
Bill excellent summation and balanced from both perspectives .. now we just have to wait to identify the US version of "Javier Melei" ..? hopefully he doesn't try to hide his age behind a ridiculous hairdo which is always a sign infatuation .. just a normal guy like our old Hollywood hero's like Charles Bronson or Jimmy Stewart, Greg Peck or even Bob Hope or Johnny Carson I'd vote for Clint Eastwood or his son Scott along with Gene Hackman in the movie Absolute Power! Morgan Freeman and several others but yes they are all my age so where are the young guns with a brain guts and good old American common sense that will take a chainsaw to our distorted bureaucracy like Dr Ron Paul threatened to do and look what they did to him and sadly his son is not of the same character but what we don't want it a BAD actor better one like Arnold Schwarzenegger than or Sly Stallone .. shit anyone of them could act as POTUS better than the so called political clowns we dredge up from the elitist class of either blue or red self indulgent pricks!
I feel so strongly that We really need someone like Bill Bonner to run for president then the rest of his group could come onboard and get things straightened out.
It would take some time but the people would have confidence in the leadership!
There must be a group of fine intelligent people who have the talent and the money to get into the White House.
My substack's open - need to add some posts to it. Spoilt for choice this month with so many things going on at once. My career's been spent mostly in the commercial side of the energy business, and I've tried to practice what I tell clients to do in terms of looking for evidence that isn't in the MSM before blindly jumping off a cliff with the other lemmings. This guy stopped me cold in terms of how much of this makes sense. Added to a chart I saw showing how much money flows through countries that don't even show up on a map, too much of this adds up.