Member Info for Wids

SC, The EU Bail-In Legislation.

The aim is to allocate losses to shareholders and creditors whilst preserving the relevant bank’s functions and avoiding bail-outs funded by EU taxpayers’ money.

The whole financial system is fcked John - simples.

The next and only step left is the Federal Reserve to buy stocks directly, the BOJ already do and own 50%.

In other words, there's no free markets - just socialized ones. As long as they go up?... No one gives a monkeys - the moan and whinge when going down - shocker!

James, and you know without sound money and monetary base, you have sound nothing. The US is now too far down the road to financial hell and no way back. The BS in MAGA, the best economy ever is incredible.

We're are going down the same financial black hole, with our kids and grandkids picking up the tab.

Asparagus season! - Cushdy. I avoid soup theses days.

Personal spending out at 12:30. A window into the future.

If you have any spare gold knocking around snige, give Gordon a bell. He'll get the best price for you if you want to sell - I've heard good reports.

Just a heads up. You can thank me later ;-)

Think Ford has been downgraded to junk.

Still at it snige....

In a graph....

https://www.screencast.com/t/ePfTqkk8l

Stiff drink time!

The path to economic wreckage started decades ago. We have the first warning in 08 - now the second wave with greater consequences has just started - deflation then roaring inflation.

https://www.gfk.com/insights/press-release/german-consumer-climate-suffering-heavily-as-a-result-of-coronavirus/

Graph that up....

Boomer, there is no future for our kids. They'll be paying for our over indulgence for decades to come - that's why they're stuck at home with parents - not so in my day. As a US President once said, every generation should live within it's means and not burden further generations with debt.

Well, the current generation screwed up big time. Remember there's always a payback, and we're just about to go through it.

Greedy bar stards of today, fcked up are kids tomorrow - they already know it.

Boomer, I've moved on from C19. It's like a endless game of tennis. Who cares anymore - what will be will be.

Zoros, AHO knows if he gets it wrong, he'll be raked across hot coals by the select committee. Yes in times like these you protect your capital, basic common sense.

Banquet of Consequences

So if 08/09 wasn't bad enough, the Fed is now balls deep in saving the world. A $125 billion A DAY rolling off the printing press to save the shysters of Wall Street. They are the real virus to the common folk. Today the US applied for membership of the Venezuelan club, it's free with print to infinity - consequences for all, but who gives a fck as long as the divis keep rolling in - until they don't.

You reap what you sow, that will never change.

Dunno. The buyback ban has put the mockers on continuous EPS beats. The bar will be lowered, the bb party is over.

Bans buybacks - about time.

Correct. All you had to do is read the website - data lag. IMO irrelevant anyway.

Take a visit to Bergamo and tell em it's nothing to worry about. You'll find the short end of a Beretta up your nostril.

Lol, tell the Italians that. CFR 9.9%