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
23,470 Blog Posts

FOMC HIKES AGAIN — NO ONE GIVES A FUCK

We’re at 5.5% and the Fed is committed to striking against while the iron is hot to “defeat inflation.” This is going to 100% rain fire onto the economy in about 6 months time. I remember in 2007 when this shit happened last and all of you faggots were joyful and gleeful and ignored the warnings signs — and then we fucking collapsed full fledged into the gates of hell.

We’re not there yet — obviously. No one gives a fuck — certainly not you. The gameplan for most Americans is to live as fat off the land for as long as possible and then drop dead. This has been the stratagem for the past 40 years, as we’ve lived FAT and sloppily off the civilization HANDED DOWN to us from a more industrious people.

Whether it happens in our lifetimes or not is unknown. But, rest assured, it’s gonna fucking happen and a Black Plague will sweep the lands and take with it all of the material items and resources with it.

This might be a bit much for a slow afternoon in the midst of America winning the war against both Ukraine and Russia.

I am hedged, heavily cashed up, not interested in being fooled — off to ride some fucking Go-Karts.

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3 comments

  1. metalleg

    How’s the knee?

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  2. soupbone

    It’s easy, once you’re hung-up on the tires, a kid always runs out to set you straight. Quite right about the over-hiking. It only happens over and over because they are impatient after seeing no apparent results, and it is quickly rationalized, that to continue hiking is required.

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