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
23,428 Blog Posts

We Are on an Insane Rollercoaster to Hell

Markets quickly gave back all gains and more after people concluded it was a stupid idea to rally with stoked inflation caused by China coming back online. But more than that, and this is an abstract view of things, we seem to be unhinged as a nation in regards to foreign policy. I have never seem them this bad, desperate even, to enter into armed conflict with a formidable power. If you only judged the Ukrainian war by Twitter and the shills on it — you’d conclude Russian soldiers weren’t actually killing any Ukrainians but instead stealing washers and falling off cars into artillery fire by the infallible Javelin or the HIMARS army crusher. This is simply the definition of stupidity and we will regret letting these people wield this much power. Their crimes are bold and in public view and their enemies are punished with cruelty and nothing stops them. Their malevolence is supported by state sponsored media and dissenters are financially and socially ruined.

How does one go long with comfort as these lunatics steam roll the country into crisis?

The short answer you don’t — just like you’d never relax if sashaying with diamond gold chains in a bustling city brimming with degenerates and drug addicts.

Why would you walk around in the stock market bristling with lunatics and thieves all around you unprotected?

Hedge up or die.

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4 comments

  1. soupbone

    The excessive oil profits presentation was rich, I almost made it to the end. SPR release (they are so proud of) would have been sold at market prices, so Exxon is supposed to sell at lower than market prices to help out? This is an extremely unreassuring crew here.

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  2. purdy

    Stupidity? …sure.
    But there has been a coup in this country and every executive post is firmly in the control of people who have demonstrated that they are traitors to our Constitution. Are they just stupid traitors or are they traitors with a plan?

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  3. soupbone

    Ukraine wishes to involve Iran due to shipments of missiles they can’t defend against. This from MSM. Out-of-control.

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