DOW Surges on...Bullshit
Great news from the NBER, the recession that started in 2007 ended in 2009! I think what the NBER banksters meant to say is that the recession is over for them. The rest of us peasants need to suck it up.
But as Tyler asks, when is the depression going to end? Well, some think it could take 10 years to deleverage before recovery can begin. Or never.
Meanwhile the Fed is mulling over printing another $1T dollars to buy government bonds. Somebody has to buy US government junk bonds.
The DOW rose 146 points, with below average HFTbot trading, on news that the longest recession is over.
Gold rose higher as many called all this news bullshit, buying the ultimate hedge against economic collapse.
Have banksters been illegally foreclosing on homes when they don't have clear ownership? All those tranches sold here and there, only God knows who owns what. But that won't stop Snidley from getting his grubby little fingers on Nell's deed.
But as Tyler asks, when is the depression going to end? Well, some think it could take 10 years to deleverage before recovery can begin. Or never.
Meanwhile the Fed is mulling over printing another $1T dollars to buy government bonds. Somebody has to buy US government junk bonds.
The DOW rose 146 points, with below average HFTbot trading, on news that the longest recession is over.
Gold rose higher as many called all this news bullshit, buying the ultimate hedge against economic collapse.
Have banksters been illegally foreclosing on homes when they don't have clear ownership? All those tranches sold here and there, only God knows who owns what. But that won't stop Snidley from getting his grubby little fingers on Nell's deed.
posted by lugh lampfhota at 6:02 PM
0 Comments:
Post a Comment
<< Home