It’s embarrasing really, the predictability of the global banking cartel. As I said just two posts ago: As far as the 4 TRILLION that the FED will print between 7/29/11 and 11/01/2012 there is no way to account for (nor will there be) the FEDs monetary actions BEYOND international liquidity swaps, but the European experience [...]

When SocGen’s Dylan Grice begins talking in letthemfail terms, we know that the system’s timeline is growing short. Perhaps the recent downgrade has brought religion to SocGen in this moment of reflection: Since we don’t know which markets new money will end up in or even when, we know we can’t reliably count on measures [...]

As I mentioned July 29th, we will breach any nominal debt ceiling “top” before November 2012. We will in fact breach the transitory ceiling on Monday. As far as the 4 TRILLION that the FED will print between 7/29/11 and 11/01/2012 there is no way to account for (nor will there be) the FEDs monetary actions BEYOND [...]

Interesting. I just heard someone say that the American people have lost confidence in our Government’s ability to “defeat” unemployment. She said we’re worried that our Leaders don’t have anything left in their arsenal to fight back with. The big take away for the CEO of Starbucks, from his CEO Roundup, which drew some 30,000 phone calls, was [...]