iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

Foreign Markets Are Soft, Because Their People Are Soft

The bullshit laden Shenzen index dropped by 3.6% this evening, after people realized all of their stocks were overvalued pieces of shit. Over in Europe, the oppressed and soon to be islamic nation of Germany are enduring a minor sell off — a tad more than 0.7%. In addition to that, all of the cucked indexes in Europe are lower — mainly due to fear.

Folks over in Europe have always lacked the internal fortitude to make hard choices — which is why they’ve always depended on America to save them from extinction.

The gypsies in Italy, home of the homosexual Pope, are seeing their shares ‘spearfish’ Europe lower, off by 1.25%.

On the commodity side of things, the denizen of the bedraggled booze hound, gold is higher by 0.6%, while everything else is marginally lower.

Forex markets are as expected: the flight to quality continues — as King Dollar attracts all of the finest people. The stark raving mad dog eaters from China are tripping over themselves to get dollars, in exchange for their spiraling and shitty yuan. Hong Kong Yuan are lower by 0.3%, the Turkish Lira -1%, the Euro -0.4% and the motherfucking Mexican peso is lower by 0.6%.

This, as you could imagine, is creating an atmosphere of panic for pajama wearing futures traders — especially ahead of the Trump inauguration.

NASDAQ futures are Mcplummetting lower by 14 points. Ghastly, ghastly drop there.

In other news, the illiberal left are plotting an attempt to injure President Trump and/or scheme of ways to tie him to a grandiose Russian scheme and impeach him as soon as he gets into office. The departing President, who is also a citizen of Kenya and Indonesia, will be moving just down the street from the White House — just in case Donald should trip over a loaded gun and suicide himself.

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25 comments

  1. sarcrilege

    ” …just in case Donald should trip over a loaded gun and suicide himself.”

    not suicided. if anything, he, like JFK, will be taken out to send a message.

    especially on Trump’s inauguration.
    three master numbers are at play here: 11,22,33.

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  2. skulduggery

    Europe does not work more than 40hrs a week. Ty it and you may be fined. And Sundays may need a special permit. It’s a different world.

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    • rigged game

      The USA should mandate 4-day work weeks (32 hours max)
      starting in 2018, and 3-day work weeks (24 hours) starting 2023.

      This immediately creates 20% more jobs in 2018, and 25%
      more in 2023. We have too many people doing nothing useful.

      It’s long past time to USE our productivity and automation.

      And the hourly wage should be hiked commensurately by
      there is no fall-off in pay.

      The shorter work weeks apply to EVERYBODY.

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      • frog

        Sounds like a good idea, actually. Better to do less stuff, but more useful stuff.

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        • skulduggery

          Oh, sure if your goal is to be as innovative and successful as most of Europe. Go part time now, guys! Outsmart them all.

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  3. jts5362

    Rough Monday fly?

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  4. 99 lead balloons

    Trumps comments of weaker pound benefiting England are interesting. Does he feel same for a weaker US$

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  5. stockslueth

    In a 2011 speech in Brussels, outgoing U.S. Defense Secretary Robert Gates said that America’s military alliance with Europe faces a “dim, if not dismal” future, owing to what he characterized as the United States’ disproportionate funding of NATO operations, and of allies “willing and eager for American taxpayers to assume the growing security burden left by reductions in European defense budgets.”

    Trump really isn’t saying anything that others haven’t already said or thinking. He’s handing out red pills, and the politicians who don’t like to talk about reality on both sides of the Atlantic, don’t appreciate it at all.

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    • frog

      To paraphrase an old saying:

      “They came for Ukraine but I wasn’t Ukrainian, so I did nothing. They came for Eastern Europe, but I didn’t live there, and after all, it used to be controlled by Russia anyway, so I was silent. They came for Western Europe, but Europe couldn’t afford the U.S.’s rent-a-cop charges, so I was silent. Then they came for me, and there was no one left to object.”

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      • The Maven

        ‘Blatant Assholery’

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      • t.c.

        They blew up the buildings in New York, but I was not a yankee so I did nothing. They killed the limeys in a London subway, but I was not a pommy bastard so I did nothing. They shot a bunch of frogs in a theatre and ran some over with a truck, but I am not a fan of frog-legs, so I did nothing. They raped and molested a bunch of women in Sweden and in Germany, but those countries are queer, so I did nothing. They forced English minor girls into sexual slavery, yet I am not for Rochester, so I did nothing….

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      • heaterman

        And your point is?
        …frog?

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      • ferd

        You really need to learn what is going on so that you don’t continue to embarrass yourself. Learn about our violations of agreements that ended the cold war. Learn about our troop deployments in Russia’s neighbors. Learn about the missiles we placed on Russia’s doorstep. Learn about Victorian Nuland. Learn about our betraying our agreements not to bring former Soviet republics into NATO.

        As the Russian people watched our fuckery, they went from hating Putin to loving him. This is what has given Putin the political capital to behave more aggressively and to build his military and intelligence apparatus.

        It would have been nice if we could have made them feel comfortable that we were not double-dealing scum as we helped them dismantle the thousands of nukes that they still have. Instead, we have prompted them to modernize their arsenal.

        Try to grasp this: WE have not been perfect under the Obama administration.

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        • t.c.

          Here is a well informed person. We forced Russia to give up Crimea in the 1990s in exchange for Ukraine giving all the Soviet nukes back to Russia. Russia has a very legitimate claim to Crimea, which is why they re annexed it so quickly.

          I seriously doubt, the 145 million people in Russia want to expand into Europe or anywhere else. They have unlimited territory in Russia. Their only concern is defense.

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  6. sethster99

    Markets are down because American markets are closed. This is the same game they play every time. Markets will jump much higher by the open Tuesday morning. Bank on it!

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  7. ironbird

    frog is about snap and cry like a little bitch. Nothing is working. All the lies and propaganda goes out and dies instantly. Tic toc just a few days to go.

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  8. frog

    LOL, there is nothing as soft as Right Wing Americans. Thin skinned collectors of tiny grievances, but constantly accusing other people of being snowflakes. Unable to cooperate with others toward common political goals. Hostile to people not identical to themselves politically. Ignorant beyond belief, believing Right Wing fake news, and following a leader whose statements, checked by politifact, have been lies 69% of the time.

    So lazy that they think, if government is corrupt, they don’t need to go to any effort to understand what’s going on and address it. They think all they need to do is to vote for the Magic God Man, as Ironbird calls him. And to elect a Congress from the Koch brothers’ funded political party. They think that the Magic God Man will magically fix every problem they have. And they won’t have to worry their tiny little heads about it.

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    • frog

      The most effective propaganda campaign of recent times has been the media of the Koch brothers’ party convincing a large percentage of American to hate liberals and to shut their eyes and ears to liberal ideas. This has been wildly successful. It makes Goebbels look like a piker.

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    • t.c.

      Conservative Americans need to toughen up and settle in for the long, multi-generational fight for our country, which is so dear to us. I agree.

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    • ferd

      I agree, many Trump supporters are ignorant of reality. But Frog, you are the epitome of the reflexive, ignorant, racist, libtard and are hardly in a position to criticize anyone.

      Start reading news from a variety of sources, both foreign and domestic …not just Vox affirmations of your comfort zone. Then, after a couple of years, get back to us.

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      • frog

        I read plenty of sources. And Vox is one of the best out there.

        Thanks for calling me names, which communicates to me that I am correct, since you are unable to think of counter-arguments against me and so you resort to name calling.

        So interesting how Right Wingers describe themselves, when they are trying to describe Left of Center folks. Reflexive, ignorant, racist, retarded. That’s you, Ferd.

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    • skulduggery

      Weak? Says the guy who wants Americans to stop working so many hours and act like Europeans.
      Hostile? Grievances? Says the group who continually works on ways to delegitimize the election. Progressives are infantile.

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