The Everything Bubble, Fictitious Capital, & COVID-19

the-everything-bubble,-fictitious-capital,-&-covid-19

24-03-20 09:14:00,

Authored by Frank Lee via Off-Guardian.org,

The years since the 1970s are unprecedented in terms of their volatility in the price of commodities, currencies, real estate and stocks. There have been 4 waves of financial crises: a large number of banks in three, four or more countries collapsed at about the same time. Each wave was followed by a recession, and the economic slowdown which began in 2008 was the most severe and most global since the great depression of the 1930s.”

Manias, Crashes and Panics – Kindelberger and Aliber

Interestingly enough 1971 was the year when Nixon took the world off the gold standard, which had been in effect since 1944. Fiat-bugs please note.

More to the point, however. Booms and busts have always been normal in a capitalist economy. But in recent years this has been a feature which has been exacerbated by and involves that part of the economy indicated by the acronym FIRE (Finance, Insurance and Real Estate) and its growing importance in the economy in both qualitative and quantitative terms.

Financialisation is a process whereby financial markets, financial institutions, and financial elites gain greater influence over economic policy and economic outcomes. Financialisation transforms the functioning of economic systems at both the macro and micro levels. Its principal impacts are to:

  1. elevate the significance of the financial rent-seeking sector relative to the real value-producing sector

  2. transfer income from the real value-producing sector to the financial sector

  3. increase income inequality and contribute to wage stagnation

Since 1970 this part of the economy has grown from almost nothing to 8% of US Gross Domestic Product (GDP). This means that one dollar in every ten is associated with finance. In terms of corporate profits finance’s contribution now represents around 40% of all corporate profits in the US. This is a significant figure and, moreover it does not include those overseas earnings of companies whose profits are repatriated to their countries of origin.

Thus, the increasing presence and role of finance in overall economic activity and the increase of profits channelled to the financial sector represent the salient indicators as to what has been termed financialization.

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Why Everything Is Fucked

why-everything-is-fucked

22-12-19 11:03:00,

We all slid out of the womb an itty bitty helpless information sponge into a world full of mentally ill giants who couldn’t wait to fill our tiny skulls with all of their inner demons. And now everything, understandably, is fucked.

That’s basically our whole entire situation in a nutshell. You can add on as many extra details as you like–plutocracy, corruption, mass media propaganda, billionaire wine cave fundraisers, whatever–but ultimately our plight is due to the fact that every single human showed up on this planet completely helpless and knowing nothing, forced to trust crazy giants to give them the grand introductory tour.

Why were those giants crazy? Well you see, they got here the same way you did: small, slippery and completely clueless, surrounded by enormous gibbering lunatics who were all in a mad rush to teach them how to be insane.

And those giants came into the world under the exact same circumstances, as did the giants who came before them, and the giants who came before them, and so on.

It’s a grand old tradition of ours, ultimately stretching all the way back to our own evolutionary birth in this world and the emergence of a massive cerebral cortex in a mammal who up until that point had been primarily concerned with sneaking in a snack and a quick shag in between mad sprints away from sharp-fanged predators. This newfound capacity for complex abstract thought burst onto this frantic, confusing scene and was quickly seized and manipulated by the cleverer primates.

And thus human madness was born.

The most powerful early humans were the cleverest humans, the ones who understood how to use this new capacity for language and abstract thought to their own advantage. They realized that by simply saying something is true in a sufficiently confident way, they could persuade the less clever humans to treat it as true.

Those clever humans used this newfound ability to place themselves in charge, and to make a bunch of rules to be passed down from generation to generation proclaiming that the less powerful humans must submit to the more powerful humans. Over the generations these rules became more and more numerous and complex, weaving in moralism,

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The Militarization Of Everything

the-militarization-of-everything

31-10-19 10:35:00,

Authored by William Astore via TomDispatch.com,

Killing Me Softly with Militarism – The Decay of Democracy in America

When Americans think of militarism, they may imagine jackbooted soldiers goose-stepping through the streets as flag-waving crowds exult; or, like our president, they may think of enormous parades featuring troops and missiles and tanks, with warplanes soaring overhead. Or nationalist dictators wearing military uniforms encrusted with medals, ribbons, and badges like so many barnacles on a sinking ship of state. (Was Donald Trump only joking recently when he said he’d like to award himself a Medal of Honor?) And what they may also think is: that’s not us. That’s not America. After all, Lady Liberty used to welcome newcomers with a torch, not an AR-15. We don’t wall ourselves in while bombing others in distant parts of the world, right?

But militarism is more than thuggish dictators, predatory weaponry, and steely-eyed troops. There are softer forms of it that are no less significant than the “hard” ones. In fact, in a self-avowed democracy like the United States, such softer forms are often more effective because they seem so much less insidious, so much less dangerous. Even in the heartland of Trump’s famed base, most Americans continue to reject nakedly bellicose displays like phalanxes of tanks rolling down Pennsylvania Avenue. 

But who can object to celebrating “hometown heroes” in uniform, as happens regularly at sports events of every sort in twenty-first-century America? Or polite and smiling military recruiters in schools? Or gung-ho war movies like the latest version of Midway, timed for Veterans Day weekend 2019 and marking America’s 1942 naval victory over Japan, when we were not only the good guys but the underdogs?

What do I mean by softer forms of militarism? I’m a football fan, so one recent Sunday afternoon found me watching an NFL game on CBS. People deplore violence in such games, and rightly so, given the number of injuries among the players, notably concussions that debilitate lives. But what about violent commercials during the game?

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The Fed Created The Everything Bubble And A Liquidity Crisis — What Happens Next?

the-fed-created-the-everything-bubble-and-a-liquidity-crisis-—-what-happens-next?

25-09-19 07:43:00,

By Brandon Smith

It’s an interesting dynamic that the Federal Reserve has conjured in the decade after the 2008 credit crash. They spent several years using artificial stimulus measures to inflate perhaps the largest financial bubble in the history of the US, and then a couple years ago something changed. They addicted markets and investors to easy cash only to then cut off the flow of monetary heroin. The system was so dependent on the Fed’s “China White” that all it took to give everyone the shakes was interest rate hikes to the neutral rate of inflation and a moderate balance sheet selloff. Now, the system is dying from shock and it’s too late for intravenous stimulus to save it.

For many this might seem unprecedented, but it’s really rather common. The Fed has a long history of inflating bubbles using easy liquidity and then imploding those bubbles with the tightening of credit. It also has a long history of pretending like it is trying to save the economy from crisis when it is actually the source of the crisis. As Congressman Charles Lindbergh Sr. warned after the panic of 1920:

Under the Federal Reserve Act, panics are scientifically created; the present panic is the first scientifically created one, worked out as we figure a mathematical problem…

In the latest theatrics of the Fed, a new trend has emerged – The “disappointing Fed”. In order to understand this disappointment, we have to define exactly what markets want from the central bank. Obviously, they want QE4; a massive liquidity program. For the past year at least they have been clamoring for it, and they still have yet to get it. But what does QE4 entail? In order to institute a new QE marathon the Fed would have to:

1) Lower the Fed funds rate to zero.

2) Lower the overnight repo lending rate to zero.

3) Stop balance sheet cuts.

4) Launch permanent asset purchases, NOT just overnight lending backed by collateral.

If the Fed was planning to kick the can on the collapse of the Everything Bubble, they would have initiated all of these steps and they would have done it at least 6-8 months ago. 

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Everything on Bellingcat and the official inquiry into the destruction of Flight MH17, by Jürgen Cain Külbel

everything-on-bellingcat-and-the-official-inquiry-into-the-destruction-of-flight-mh17-by-jurgen-cain-kulbel

05-04-19 06:27:00,

Jürgen Cain Külbel is an ex-investigator for the criminal police of the Democratic Republic of Germany. He became a journalist after the reunification of Germany. He has managed to identify the author of the reports posted on the Bellingcat site which influenced the international police team tasked by Ukraine with establishing the cause of the destruction of Flight MH17. This amateur, who « found » evidence of Russian guilt which he claims to be « irrefutable », is in reality a musician, with no competence whatsoever in criminalistics.

JPEG - 50.8 kb
A bouquet of flowers on the wreckage of Flight MH17. This Boeing 777, travelling from Amsterdam to Kuala Lumpur, was destroyed on 17 July 2014 over the zones of combat between the Kiev putchists and the Donbass independentists, killing the 298 persons on board. Since then, the two camps have been accusing one another of being responsible for this catastrophe. The Western powers finally adopted the hypothesis published on the British Internet site Bellingcat.

Daniël Romein and the journalists of De Volkskrant

He calls himself Daniël Romein. That is not his real name. We made an appointment to meet in a cafe. He sits down, seeming a little embarrassed. He has a friendly face. From time to time, he glances to the right. Then he looks at the people outside who are walking in the rain. « I always try to have a head start on my adversary », he says. And for him, the enemy is Russia. He wants to take precautions. « As a specialist in computers, I know what counter-measures I need to apply ». And he adds – « This job is risky, because I know that the Russians are really unhappy about our research ».

In February 2016, Daniël Romein met with a group of journalists in this cafe [1] – secretly, of course. Huib Modderkolk and Bert Lanting from the Amsterdam daily De Volkskrant wrote later that Romein’s « discoveries » were the foundation of the Bellingcat reports in 2015 and 2016 on the catastrophe of Malaysia Airlines Flight 17 (MH17). Jikke Zijlstra and Michael de Smit, of Nederlandse Omroep Stichting (NOS), a Dutch public service radio station, noted that – « Although [British subject Eliot] Higgins is the founder of Bellingcat,

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Everything I Know About Conspiracies I Learned From The Beatles : The Corbett Report

everything-i-know-about-conspiracies-i-learned-from-the-beatles-the-corbett-report

27-02-19 08:33:00,

Corbett

02/27/2019

Podcast: Play in new window | Download | Embed

Watch this video on BitChute / YouTube / DTube

Vinnie Caggiano (aka Vincognito) joins us to discuss everyone’s favourite subjects: The Beatles and conspiracy theories. From the wacky to the laughable to the thought-provoking, join us for this surprisingly thorough dissection of conspiracy lore surrounding The Beatles and their place in the manufactured mass media universe.

CLICK HERE for show notes and mp3 audio for this conversation

Filed in: Videos
Tagged with: music

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‘You’ll lose everything!’ Trump issues ultimatum to Venezuelan military, says all options are open

youll-lose-everything-trump-issues-ultimatum-to-venezuelan-military-says-all-options-are-open

19-02-19 08:48:00,

US President Donald Trump warned the Venezuelan military that they are risking their lives and future by supporting President Maduro in a heated speech that left “all options” open to bring democracy in the Latin American country.

“We seek a peaceful transition of power, but all options are open,” Trump declared, speaking at Florida International University in Miami on Monday. Directly addressing the Venezuelan soldiers who continue to back President Nicolas Maduro, he gave them the choice of accepting self-proclaimed ‘interim president’ Juan Guaido’s “generous offer of amnesty,” or facing “no safe harbor, no easy exit, and no way out.”

“You will lose everything,” he cautioned. “I have a message for every official who is helping to keep Maduro in place. The eyes of the entire world are upon you today, every day and every day in the future.”

Also on rt.com
‘They want to enslave us!’ Maduro slams Trump’s ultimatum & ‘Nazi-style’ attack on socialism

Trump proclaimed that “the days of socialism and communism are numbered,” blaming “Maduro dictatorship” for all of Venezuela’s woes. “Peace loving nations are willing to help Venezuela reclaim its democracy, its dignity and its destiny,” he said, to the cheers of the crowd.

Trump boasted that the US had been the first of dozens of nations to recognize Guaido when the National Assembly leader unilaterally declared himself president, glossing over the world’s split reaction to the regime change attempt.

Also on rt.com
US military planes with ‘humanitarian aid’ bound for Venezuela after new sanctions

Faced with political uncertainty and dire socio-economic crisis, Venezuela remains under increased pressure from Washington, which has also been urging Caracas to allow international humanitarian aid into the country. Fearing a hidden motive behind the US intentions, Maduro ordered the military to come up with a plan to reinforce security along the border with Colombia.

Maduro has declared he will not bow to US pressure or resign, blaming Washington for deliberately exacerbating the crisis. He has declared the aid sitting at the Colombian border to be little more than “crumbs” and a publicity stunt,

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“Everything Is Fake”: Ex-Reddit CEO Confirms Internet Traffic Metrics Are Bullshit

8220everything-is-fake8221-ex-reddit-ceo-confirms-internet-traffic-metrics-are-bullshit

27-12-18 09:51:00,

“It’s all true: Everything is fake,” tweeted Former Reddit CEO Ellen Pao regarding a Wednesday New York Magazine article which reveals that internet traffic metrics from some of the largest tech companies are overstated or fabricated. In other words; they’re bullshit. 

Pao was responding to a tweet by the Washington Post’s Aram Zucker-Schariff, quoting the following segment of the article: 

The metrics are fake.

Take something as seemingly simple as how we measure web traffic. Metrics should be the most real thing on the internet: They are countable, trackable, and verifiable, and their existence undergirds the advertising business that drives our biggest social and search platforms. Yet not even Facebook, the world’s greatest data–gathering organization, seems able to produce genuine figures. In October, small advertisers filed suit against the social-media giant, accusing it of covering up, for a year, its significant overstatements of the time users spent watching videos on the platform (by 60 to 80 percent, Facebook says; by 150 to 900 percent, the plaintiffs say). According to an exhaustive list at MarketingLand, over the past two years Facebook has admitted to misreporting the reach of posts on Facebook Pages (in two different ways), the rate at which viewers complete ad videos, the average time spent reading its “Instant Articles,” the amount of referral traffic from Facebook to external websites, the number of views that videos received via Facebook’s mobile site, and the number of video views in Instant Articles.

Can we still trust the metrics? After the Inversion, what’s the point? Even when we put our faith in their accuracy, there’s something not quite real about them: My favorite statistic this year was Facebook’s claim that 75 million people watched at least a minute of Facebook Watch videos every day — though, as Facebook admitted, the 60 seconds in that one minute didn’t need to be watched consecutively. Real videos, real people, fake minutes. –NYMag

“It’s all true: Everything is fake,” tweeted Pao, adding “Also mobile user counts are fake. No one has figured out how to count logged-out mobile users, as I learned at reddit.

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The ‘Everything Bubble” Has Popped

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08-12-18 05:24:00,

Authored by Chris Martenson via PeakProsperity,

Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. 

The cartel (especially the ECB and the Fed) is hoping it can gently deflate these bubbles it created, but that’s a fantasy. Bubbles always burst badly; it’s their nature to do so. Economic suffering and misery always accompany their termination.

It’s said that “every bubble is in search of a pin”. History certainly shows they always manage to find one.

History also shows that after the puncturing, pundits obsess over what precise pin triggered it, as if that matters.  It doesn’t, because ‘cause’ of a bubble’s bursting can be anything.  It can be a wayward comment by a finance minister, otherwise innocuous at any other time, that spooks a critical European bond market at exactly the right (wrong?) moment, triggering a runaway cascade.

Or it might be the routine bankruptcy of a small company that unexpectedly exposes an under-hedged counterparty, thereby setting off a chain reaction across the corporate bond market before the contagion quickly spreads into other key elements of the financial system. 

Or perhaps it will be the US Justice Department arresting a Chinese technology executive on murky, over-reaching charges to bully an ally into accepting that unilateral US sanctions are to be abided by everyone, regardless of sovereignty.

How was it that the famous Tulip Bulb bubble came to a crashing end back in the 1600’s?  No one knows the exact moment or trigger. But we can easily imagine that in some Dutch pub on the fateful night on the Feb 3rd1637, a bidder on the most-coveted of all bulbs, the Semper Augustus, had an upset stomach and briefly grimaced when hit by a ripping gas pain:

Interpreting this face as distaste for the opening bid price, the assembled crowd may have suddenly realized the absurdity of paying so much (enough to clothe and feed a family for more than half a lifetime) for an ungrown flower.

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Everything Is A Hoax – PaulCraigRoberts.org

Everything Is A Hoax – PaulCraigRoberts.org

06-10-18 08:24:00,

Everything Is A Hoax

Paul Craig Roberts

An Israeli expert on terrorism and covert assassination procedures explains that the alleged Russian GRU attack on the Skripals with a supposedly deadly nerve agent is a completely obvious hoax to anyone who knows anything at all. https://russia-insider.com/en/skripals-are-mi6-hoax-not-worthy-ladies-detective-novels-israeli-expert-demolishes-uk-case/ri24912

The official story, says the expert, is “stupidity on stupidity.”

I agree with him.

The question is: Why did the British government think that they could get away with such an obvious hoax? The answer is that the people in Western countries don’t know anything about anything. They live in a world in which their reality is a product of the propaganda fed to them by “news organizations” and Hollywood movies. They only receive controlled explanations. Therefore, they know nothing about how anything really functions. Read the account by the Israeli expert to understand the vast difference between the British government’s hoax and the reality of how an assassination is conducted.

The Israeli expert got me to wondering why the British government thought anyone would fall for such a transparently false story. Having just read David Ray Griffin and Elizabeth Woodworth’s new book, 9/11 Unmasked, and David Ray Griffin’s 2017 book, Bush and Cheney: How They Runed America and the World, the answer became obvious. The British government had watched the idiot Western populations fall for the official 9/11 conspiracy story in which a few Saudi Arabians, who could not fly airplanes and without the support of any intelligence agency, caused the entire security apparatus ot the United States to fail utterly, and no one was held responsible for the total failure. The British government concluded that anyone who could possibly believe such an obviously false story would believe anything.

I remember coming to that conclusion years ago before the official conspiracy theory in the 9/11 Commission Report was blown to pieces by thousands of scientists, structural engineers, high-rise architects, military and civilian pilots, first responders on the scene, and a large number of former high government officials both in the US and abroad.

At first I did not connect the zionist neoconservatives’ plot, outlined in their public writings (for example, Norman Podhorttz in Commentary) to destroy 7 Middle Eastern countries in five years (also described by General Wesley Clark) and their statement that they needed a “new Pearl Harbor” to implement their plan,

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Everything’s a lie, and that’s the truth! | Light On Conspiracies – Revealing the Agenda

Everything’s a lie, and that’s the truth! | Light On Conspiracies – Revealing the Agenda

24-06-18 08:27:00,

PLEASE SHARE or MIRROR. With this video you can wake up even dead people. PLEASE SHARE or MIRROR.
Staged Events For Dummies – The video is a teaching video to people who are new to Staged Events
The content is clear, actually so clear that even a 10-year-old understands it.
Thanks Conspiracy Granny for the TITLE!
Pakistan, Peshawar School Massacre – December 16, 2014.

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Category: Amtrak Washington Derailment,Drills / Exercise ,Las Vegas Concert Shooting,Peshawar School Shooting

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