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
22,427 Blog Posts

MARKETS COLLAPSE

Congress is about to approve another $12 billion to the fucking Ukraine, right after Biden gave them $450m to fund their police and justice system. Even though it is Russian clay, the Ukraine is American property and the people of Ukraine are our puppets to do as we like. In this regard, we want them to kill Russians and die disproportionally against a superior enemy, whilst our fighter planes collect dust in floating aircraft carriers and our soldiers remains in their nice warm forts in Poland and Germany.

It should come as no surprise to anyone in markets now to see the really rally FAIL and now COLLAPSE. We have bonds CRASHING thru the fucking floorboards, with the 10yr up an astounding 16bps to 3.85%. Junk bonds, AAA rated — UK GILTS all crushed over the mantle of US policy in Ukraine.

Reuters reported earlier US shortages of natural gas due to us converting all supplies to LNG and shipping it to Europe.

It’s important to note the profound and unmistakable malevolence in which policy has been thrusted upon people here the past 3 years, first with the BLM riots, and then with COVID, and now with this shit. The definition of democracy is policy by empowering the people. Ask yourselves — who the fuck is being empowered now?

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6 comments

  1. metalleg

    We should all move to Ukraine in order to benefit from “our” money.

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  2. soupbone

    Climate agenda strings attached to the contributions? Oh, that wouldn’t be reasonable, stupid question. But the Fed shall have a climate agenda, as if that is reasonable. This is some very dumb unnecessary shit going down.

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  3. duuude

    Hunter ?

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  4. purdy

    The Soviet empire collapsed without their starting a nuclear war. That was nice.

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  5. roguewave

    According to Amstrong, UK “is canceling the outstanding old paper banknotes – 20 and 50-pound notes.” (Sept 30th) “They did issue polymer notes which are still valid – for now. This is how Europe will also force Digital Currency by eventually canceling all paper money forcing the underground economy to seek other methods.”

    Bullish for crypto?

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    • soupbone

      Old banknotes are worthless in Switzerland since a long time. They obsolete them routinely thru varying stages; not accepted at stores and only banks, not accepted at banks only the SNB main branch, then not accepted at all.

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