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
22,663 Blog Posts

Slow Market: Why Aren’t We Crashing Yet?

I wake up every morning and hope today is the day — the end all for all crashes — final stop so to say. However, it never happens and even when it looks like it’s gonna happen, 2001, 2008, 2012, 2020, it doesn’t actually happen.

But this time is different etc etc etc.

Sadly, and this is important for you to understand, we are living in an era where the GLOBOHOMO is supreme. You cannot defeat it and we will likely die under its dictate. Whilst some believe “this is freedom” — it’s not and it’s tyranny and the only way to win is to lose. Nevertheless, my feelings and words mean nothing because I hold no sway over these things. The foundations for American power were established decades ago under the aegis of free markets. Since the mid 60s, there has been a takeover of these institutions and we are now in the process of IMPLOSION — because those who now control the machinery of America are morons and spiteful and obviously unable to create anything great.

Ergo, it’s only a matter of time until their reign ends. But when?

That’s what I’d like to know.

The good news is we now have a normal interest rate. The bad news Pax Americana is over. The good news — never short a dull market.

So I won’t.

-35bps midday.

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