Wall Street Ivy League MBA Investing Geniuses
The Wall Street Lemming Brigade stares at their highly sophisticated computer programs that tell them all to do the same thing at the same time. It works great on the way up. It tends to create havoc on the way down.
I’m patiently waiting for the jumping to begin.
“Master, what is it that I hear? Who are those people so crushed by their pain?” And he said: “This path of misery is given to those pathetic souls who lived without caring. They dwell amongst the cowardly angels, who were neither rebellious nor faithful to their God, but remained apart, indifferent. The heavens, in the purity of their beauty, have cast them out, nor will the deepness of Hell accept them.”
Dante Alighieri, Inferno
Why, most esteemed Admin, you seem a bit jovial at the market’s volatility today, no?
Not jovial. I like to see egotistical, arrogant assholes brought down. This is only the beginning, in my humble opinion.
I’m reminded of a song from from 1970 by the Carpenters.
We’ve Only Just Begun…
My fault, jubilant. Im with you 100 percent. Should be interesting. Still no movement in metals.
Admin – absolutely, I personally can’t wait to see the smug fuckers who thought they were deemed so valuable and worthy get offered up as a buffer to those with real power. That will be just another sideshow to placate the masses – but that will at least be decent reality tv. The real power, I don’t think they ever get caught. Fuckers.
Admin – the problem is that they won’t be brought down. The .001%’ers not only are hedged, but will profit from the decline and be able to eagerly slurp up good values at the bottom. It’s only with the .001%’ers knowledge and approval that the Fed and PPT would allow any significant decline in the first place. No, unfortunately, the people hurt are the ignorant momentum chasers, buy-and-hold 401k and IRA investors, pension funds, etc. The big banks themselves, if they were to actually get into trouble, will be made whole by the Fed and/or some emergency Treasury program. It will be party time as usual in the Hamptons…
I, too, would like to see the smug Wall St. fuckers get their comeuppance–the only issue is it is going to hurt us all, those of us more or less “innocent.”
In real terms, there is nothing so useless or helpless as an oligarch, whether banker, trader, politician, etc. These people can take care of themselves in no meaningful way. Without waiters to bring them their $1000 lunches and limo drivers to bring them to their trendy restaurants in the first place, they would literally starve. Most of us are dependent on grocery stores for our sustenance, these people don’t even have that level of self-sufficiency. It is a wonder that they even have the will to lift fork to mouth without assistance, or at least don’t consider themselves above such banal tasks.
everyone remember to act really shocked, SHOCKED I tell you!, when the fed can’t raise rates this year. But before this happened, they were totally going to….
(Curtain Rises)
The music begins to play and, and …………..THE FAT LADY SINGS!
Sing it sister and JUMP YOU FUCKERS ! BWAhahahaha!
Well I’m sitting out here in Melford ,OR on I 5 watching this with nervousness in my gut.I don’t have much sympathy for anyone on wall street but if it collapses where does that leave the rest of us?Damn this could be really bad.
Good thing is I get to drive up to Portland now on such a beautiful day.
Don’t be so light-hearted about what is unfolding in the world markets. We could be in for a financial Hurricane Katrina and we may all suffer a hell of a lot. Frankly, a world-wide collapse may be our last chance to save this country. You might want to run an inventory of your ammo and check your guns for function.
It’s not Wall Street stupid. They are just an orchestra that plays financial music for TPTB.mobsters. As can be seen in Greece, it’s the lives of little banks that interact with the little people that are necessary for commerce. When the banksters cut their throats, the people bleed.out Since 2008, the NYC money printing mob has gobbled thousands of them down like horderves. I’m Uncle Guido from GS; take the money and nobody gets hurt.
This is the beginning of the beginning of the end. The 4th Turning crisis? I think so. Listen to the Southern Sage people.
Coming to a bank near you.
J̶u̶m̶p̶ Push Y̶o̶u̶ The Fuckers!
Don’t worry, the people in charge know what they are doing and will take care of us.
JUMP YOU FUCKERS
At the top of the pyramid are the note holders. They hold title on everything, everything. The ‘cash’ is just lubricant, the interest guarantees the fiat can not be redeemed without borrowing more, thus encumbering more titles. Until all titles are held at the top of the pyramid, the ponzi will continue and then…
ottomatik
Tomorrow should be interesting. Just posted this on another thread ….
================
Greece will default TOMORROW.
“Earlier today, as the exchange between Greece and its creditors got increasingly belligerent, Estonian Prime Minister Taavi said that “Greece’s debt would still remain outstanding and creditors would expect this money back.” So did this latest antagonism change the Greek mind? According to a flash headline by the WSJ released moments ago, not all. In fact, Greece just made it official that it would default to the IMF in just over 24 hours: “Greece won’t pay IMF tranche due Tuesday, government official says””
http://sgtreport.com/2015/06/greece-will-default-to-imf-tomorrow-government-official-says/
Stuck- will they follow Iceland or pivot east and embrace the new global ‘saviors’, BRICS?
Meaning of Chacaron: Nada or Finito, The End.
https://youtu.be/GDmCIT73Hgk
EC
Did the fat lady start singing today?
Today Drudge posted the headline- America is now the second largest Spanish speaking country. Interesting.
No, when she sings, the song is intelligible, the mindless ‘songs’ above are my impression that the engineered crash is brought to you by the same folks who engineer the news. They fuck you with high price shares and fuck you once more when you give them back at fire sale prices.
Fleece the sheep is the only game in town since Clinton. Reagan introduced deficit spending and market bubbles, Clinton perfected the game. They let the air out in 2000, anticipating pumping it up again in ’08 when Hillary was to ascend the throne. The sheeple fucked up the program when McCain cut a deal with Obama.