I am either, nuts, or...

[Core Imposter]

......you are all blind. Oblivious. Don't you know what this means?

The markets soar 4% and the news anchors smile and everyone seems to think the sun has peaked through the clouds. Angels are dusting off their wings.

Me, on the other hand, I am terrified. HONESTLY. Following the news of the past weeks, this past weekend, when I heard the news that the central banks had acted in concert I had a physical reaction that I can only compare to that instant that I saw the first of the Towers pancake down.

And yet somehow I am walking among all of you who haven't even noticed this at all. You are all sort of like those who walk by, and step over, a man lying on the sidewalk, having fell dead and somehow invisible to the passerby. On the Titanic, the music played on.

......you are all blind. Oblivious. Don't you know what this means?

 

[Smellincoffee]

Please enlighten us, because if we have to guess I'm going to start with the Illuminati.

 

[Flying Pig]

...the banks are all conspiring together!

 

[Ajidica]

Me, on the other hand, I am terrified. HONESTLY.

I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.

Remember: Just utter the Litany Against Fear whenever you get scared.

 

[Core Imposter]

Okay, I guess you folk just don't know.

Credit has seized up in China and Europe and even here in the US some mid level cash markets have been interupted. If this were not true there is zero chance all the central banks would act in concert like this. Without warning and on a Wednesday. Which means that they couldn't get it done in time to announce over a weekend as per normal for emergency financial action.

Things have clearly spun out of control. Six european governments have fallen. Endless discussion and ineffective measures have been announced and serially failed to address the debt crisis. People are doing alarming things sirs. One guy bought 20 million nickels.

I am not saying that things are going to hell, let me be clear, we have cleared the gate and it only swings one way.

 

[Cutlass]

What is means is that when you allow conservatives to run economic policy in capitalist countries, they will do so much damage to it that nothing can stop it from melting down. And heroic measures after heroic measures still may not be enough to protect the nations from conservatism.

 

[Joecoolyo]

You're a bit early. End of the world is scheduled for next year.

 

[SouthernKing]

You're a bit early. End of the world is scheduled for next year.

Not if the republicans get their way in the US, and other conservatives get their way across the world.

 

[W|M]

Even Sarah Palin can't destroy the world in a month.

 

[Skwink]

Your last thread was miles ahead of this one in entertainment ratings.

 

[squall78]

You're a bit early. End of the world is scheduled for next year.

Mayans: Underpromising and overdeliverying end times.

 

[MantaRevan]

Yes. I would pay quite a bit more attention to what he was saying, had he not a history of freaking out in the most bizarre of ways. No offense to you, of course.

 

[Core Imposter]

Your last thread was miles ahead of this one in entertainment ratings.

Well, I was hysterical at that time. This is a serious thread, albeit interwoven with saturated threads of my dubious intellectual/emotional phaseology.

The point is, really, I don't understand why everyone isn't freaking out right now.

 

[JollyRoger]

All hell has been breaking loose this week. My stock portfolio is looking better, I 've been offered a generous line of credit at favorable terms, and I have had about a month's worth of potential new clients contact me.

 

[Cutlass]

Well, I was hysterical at that time. This is a serious thread, albeit interwoven with saturated threads of my dubious intellectual/emotional phaseology.

The point is, really, I don't understand why everyone isn't freaking out right now.

What, exactly, is there to freak out about?

 

[Core Imposter]

Let me tell you this just so you'll know. New reports indicate that stock prices rose on the news that the Fed is bailing Europe out (which is doubly wrong). The fact is this. We have seen capital flight to the safe haven of the bond market over the past few years, also, long cash positions but now that the central banks have pushed all in on this play, which must surely fail, its abundanently clear that a reverse flow has been unleased as investors will now flock to secure positions in companies seen as likely to survive a global sovereign debt meltdown. Stocks will now bubble but not in an even advance.

Unless the debt boil is lanced in Europe it will surely cross the Atlantic. The longer put off the more cruel will be the reckoning. US treasuries may go to six.

 

[JollyRoger]

A string of positive U.S. economic news also propelled the market higher. An index measuring manufacturing in the Midwest surged to a seven-month high; private company hiring jumped in November to the highest level this year, according to payroll company ADP; and the number of contracts to buy homes jumped in October to the highest level in a year.

http://news.yahoo.com/move-central-banks-exhilarates-wall-street-185211517.html

 

[Lord of Elves]

...the banks are all conspiring together!

Wouldn't it be absolutely terrifying if the majority of public-stock financial ventures were interdependent upon companies, banks and financial organizations across the world?

 

[Tee Kay]

The markets run on panic and not-very-informed-speculation. This isn't news.

 

[Core Imposter]

All hell has been breaking loose this week. My stock portfolio is looking better, I 've been offered a generous line of credit at favorable terms, and I have had about a month's worth of potential new clients contact me.

Right. This is happening here too. Some locals are being told to prepare for overtime. This however is a totally engineered surge applicable to market distortions caused by massive capital injections by the central banking system. Its just part and parcel of the terminal inflation of the soverign debt bubble. And I mean terminal. I don't see any way out now till it all blows up.