Much food for thought. It should be obvious by now, but I like to repeat it, the Feral Reserveless scheme exists to enable the fraud of giant banking conglomerates like JP Morgan Chase. Chase has paid about $40 billion in fines in the last 15-20 years. Dimon should be in prison. But his bank worked for Epstein & co. #EndTheFed
You might let me know what future you would choose if you could have anything. I pose the question here:
“ Yet how many incumbents are going to get re-elected? About 95% of 'em.” My advice… vote out the incumbent every time for the next 20 years. Then, finally, we may remind the government that it’s a government by and for us. Not the other way around. Of course, we may have to hold our nose while we do it but, it will be for a greater good.
Always my first read once it hits my Inbox. Your CRE and Housing commentary is spot on with grave implications for the banking sector. Apparently 12+/- years was sufficiently long enough to forget the lessons from 2007-2008. Compounding this are securities losses due to believing the Fed, increased deposit costs, lack of interest rate spreads due to inverted yield curve, etc. Yet the market continues to whistle through the graveyard. 🤪
Yeah. I find it hard to believe that the greatest mania in history (so far) was fully corrected by a minor stock decline in 2021-2022 and continued sky high housing and other asset prices, but I'm old fashioned.
I listened to the podcast version of the Darryl Cooper article on a long drive the other day ... you linked to it quite a few posts ago ... Epstein Chronicles or something like that. Sick c$)nts is all I can say... not as familiar with that stuff down under but I’m sure we have them too.
Much food for thought. It should be obvious by now, but I like to repeat it, the Feral Reserveless scheme exists to enable the fraud of giant banking conglomerates like JP Morgan Chase. Chase has paid about $40 billion in fines in the last 15-20 years. Dimon should be in prison. But his bank worked for Epstein & co. #EndTheFed
You might let me know what future you would choose if you could have anything. I pose the question here:
https://l5news.substack.com/p/the-future. L5 is always free.
“ Yet how many incumbents are going to get re-elected? About 95% of 'em.” My advice… vote out the incumbent every time for the next 20 years. Then, finally, we may remind the government that it’s a government by and for us. Not the other way around. Of course, we may have to hold our nose while we do it but, it will be for a greater good.
Always my first read once it hits my Inbox. Your CRE and Housing commentary is spot on with grave implications for the banking sector. Apparently 12+/- years was sufficiently long enough to forget the lessons from 2007-2008. Compounding this are securities losses due to believing the Fed, increased deposit costs, lack of interest rate spreads due to inverted yield curve, etc. Yet the market continues to whistle through the graveyard. 🤪
Yeah. I find it hard to believe that the greatest mania in history (so far) was fully corrected by a minor stock decline in 2021-2022 and continued sky high housing and other asset prices, but I'm old fashioned.
Always enjoy a Mitch Hedberg joke.
This is the #1 substack for Hedberg jokes.
I used to tell Hedberg jokes. I still do, but I used to too.
He's a bit like a drugged out Steven Wright. Just came across this clip https://www.youtube.com/watch?v=Z_XbtYfrNYI
Try the veal.
Verily verily.
I listened to the podcast version of the Darryl Cooper article on a long drive the other day ... you linked to it quite a few posts ago ... Epstein Chronicles or something like that. Sick c$)nts is all I can say... not as familiar with that stuff down under but I’m sure we have them too.
Sadly it's a thing, probably as old as time.