Are central banks (BOJ, EU and USA) setting up the biggest crash ever?

[CrusaderFrank]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

 

[Toddsterpatriot]

Negative interest rates are stupid and not helpful.
Idiotic regulations and ridiculous capital requirements are worse.

 

[Dale Smith]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt and little by little, the banking oligarchs whittle away at the nation's wealth until they own it all. What's left? Collapse it and then propose a solution like a cashless society where you have a chip injected into you that is like an ATM card so instead of cash, you have credits. That way they can monitor every single transaction you do.
But here is the good news.....if enough of us wake up and there are enough white hats that are working against this rise up? We can throw off the shackles of this system by saying "Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury and the debt you believe we owe you? Well, here's a parting gift of the ol double middle finger salute because that credit that was extended was created by nothing thus you are owed nothing......and BTW, the corporations and all their subsidiaries that you purchased with our sweat equity is being put into a trust and we are dissolving USA.INC and all it's subsidiaries. We will be returning to Common Law instead of admiralty law and the Universal Commercial Code...thanks for the memories...now, you have 24 hours to get the fuck out of our Republic or you and your banker pals will be swinging from lamp posts in Washington, DC, your former corporate headquarters."......problem fucking solved.

 

[Toddsterpatriot]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt and little by little, the banking oligarchs whittle away at the nation's wealth until they own it all. What's left? Collapse it and then propose a solution like a cashless society where you have a chip injected into you that is like an ATM card so instead of cash, you have credits. That way they can monitor every single transaction you do.
But here is the good news.....if enough of us wake up and there are enough white hats that are working against this rise up? We can throw off the shackles of this system by saying "Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury and the debt you believe we owe you? Well, here's a parting gift of the ol double middle finger salute because that credit that was extended was created by nothing thus you are owed nothing......and BTW, the corporations and all their subsidiaries that you purchased with our sweat equity is being put into a trust and we are dissolving USA.INC and all it's subsidiaries. We will be returning to Common Law instead of admiralty law and the Universal Commercial Code...thanks for the memories...now, you have 24 hours to get the fuck out of our Republic or you and your banker pals will be swinging from lamp posts in Washington, DC, your former corporate headquarters."......problem fucking solved.

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt

So what?

"Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury

I'm holding a $20 FRN, do you think I owe interest on it? Who do I owe? How much? How do they get paid?

 

[william the wie]

I vote for incompetence.

Exhibit 1)

The attempt to increase consumption through negative interest rates has resulted in higher savings rates in Japan for sure and the EU less certainly.

Exhibit 2)

The attempt to inflate asset values to get greater wealth effects has resulted in lower net .real investment

Exhibit 3)

Current economic models do not account for increasing return industries such as LEDs, 3D printing, fracking and storming the plan as was true in China and is becoming true in India. The same old same old in Japan, Russia, China and soon India. is a growing mess.

 

[C_Clayton_Jones]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

It’s obvious this belongs in the CT forum.

 

[CrusaderFrank]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

It’s obvious this belongs in the CT forum.

It's obvious you never had a job and dropped out of middle school

 

[Toro]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt and little by little, the banking oligarchs whittle away at the nation's wealth until they own it all. What's left? Collapse it and then propose a solution like a cashless society where you have a chip injected into you that is like an ATM card so instead of cash, you have credits. That way they can monitor every single transaction you do.
But here is the good news.....if enough of us wake up and there are enough white hats that are working against this rise up? We can throw off the shackles of this system by saying "Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury and the debt you believe we owe you? Well, here's a parting gift of the ol double middle finger salute because that credit that was extended was created by nothing thus you are owed nothing......and BTW, the corporations and all their subsidiaries that you purchased with our sweat equity is being put into a trust and we are dissolving USA.INC and all it's subsidiaries. We will be returning to Common Law instead of admiralty law and the Universal Commercial Code...thanks for the memories...now, you have 24 hours to get the fuck out of our Republic or you and your banker pals will be swinging from lamp posts in Washington, DC, your former corporate headquarters."......problem fucking solved.

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt

So what?

"Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury

I'm holding a $20 FRN, do you think I owe interest on it? Who do I owe? How much? How do they get paid?

You're talking to a conspiracy theorist who thinks foreign banks control the Fed and the Rothschilds ran the US financial system.

 

[Toro]

As to the OP, I imagine it will end badly.

 

[william the wie]

As to the OP, I imagine it will end badly.

And in other news the sun will rise tomorrow.

Momentum investors ensure some degree of turbulence. Combine that with control of central banking by academics without a real world track record when such are available and you got hurricane force winds. If the next president appointed Shiller and/or Ibbotson to the Fed I would be amazed.

 

[Dale Smith]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt and little by little, the banking oligarchs whittle away at the nation's wealth until they own it all. What's left? Collapse it and then propose a solution like a cashless society where you have a chip injected into you that is like an ATM card so instead of cash, you have credits. That way they can monitor every single transaction you do.
But here is the good news.....if enough of us wake up and there are enough white hats that are working against this rise up? We can throw off the shackles of this system by saying "Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury and the debt you believe we owe you? Well, here's a parting gift of the ol double middle finger salute because that credit that was extended was created by nothing thus you are owed nothing......and BTW, the corporations and all their subsidiaries that you purchased with our sweat equity is being put into a trust and we are dissolving USA.INC and all it's subsidiaries. We will be returning to Common Law instead of admiralty law and the Universal Commercial Code...thanks for the memories...now, you have 24 hours to get the fuck out of our Republic or you and your banker pals will be swinging from lamp posts in Washington, DC, your former corporate headquarters."......problem fucking solved.

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt

So what?

"Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury

I'm holding a $20 FRN, do you think I owe interest on it? Who do I owe? How much? How do they get paid?

You're talking to a conspiracy theorist who thinks foreign banks control the Fed and the Rothschilds ran the US financial system.

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

 

[Toddsterpatriot]

It's obvious by now Krugmanomics of stupidly priced credit issued by central banks is just setting up the planet for the biggest failure in human history.

Japan is its THIRD FULL DECADE of a slump, have dropped rates to ZERO and is only causing more grief as citizens are literally stuffing their cash in home safes. The BOJ is the largest issuer/purchaser of debt in the country, is drowning their country in debt and choking off sane investment. AND KRUGMAN JUST TOLD THE GOVERNMENT TO SPEND AND BORROW EVEN MORE!

China is in a slow motion collapse that will probably end in world war. They are liquidating their reserves and borrowing another years worth of GDP just to stay afloat.

The EU is also in stupidland with essentially 0% financing and their economies are all stuck

During Obama's Reign of stupid, the US has borrowed an extra years worth of GDP and only has an inflated stock market to show for it.

This must end very badly, there no graceful exit and the Central Banks KNOW they're setting up a global economic collapse, unprecedented in history. There's no one left to bail anyone out! The lender of last resort are all tapped out.

It's intentional too

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt and little by little, the banking oligarchs whittle away at the nation's wealth until they own it all. What's left? Collapse it and then propose a solution like a cashless society where you have a chip injected into you that is like an ATM card so instead of cash, you have credits. That way they can monitor every single transaction you do.
But here is the good news.....if enough of us wake up and there are enough white hats that are working against this rise up? We can throw off the shackles of this system by saying "Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury and the debt you believe we owe you? Well, here's a parting gift of the ol double middle finger salute because that credit that was extended was created by nothing thus you are owed nothing......and BTW, the corporations and all their subsidiaries that you purchased with our sweat equity is being put into a trust and we are dissolving USA.INC and all it's subsidiaries. We will be returning to Common Law instead of admiralty law and the Universal Commercial Code...thanks for the memories...now, you have 24 hours to get the fuck out of our Republic or you and your banker pals will be swinging from lamp posts in Washington, DC, your former corporate headquarters."......problem fucking solved.

Indeed.....when interest is attached to every debt note put into circulation with interest compounded yearly, there is no way to ever pay off the debt

So what?

"Nah, we gave the central banking thing a try...didn't work out so we are going to start printing our own currency sans usury

I'm holding a $20 FRN, do you think I owe interest on it? Who do I owe? How much? How do they get paid?

You're talking to a conspiracy theorist who thinks foreign banks control the Fed and the Rothschilds ran the US financial system.

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

You never explained the interest I owe, (or am I owed?), on my $20 FRN.
Is your failure to explain due to ignorance? Or cowardice?

 

[Toro]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

 

[Dale Smith]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

I know more than you.....infinitely more.....

 

[Toro]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

I know more than you.....infinitely more.....

Dude, I have an honours degree in economics and finance, an MBA, a CFA, and have worked in the finance industry for 20 years.

You're a bass player.

So, no, you don't know more.

Unless you're talking about bass playing.

 

[Toddsterpatriot]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

I know more than you.....infinitely more.....

Dude, I have an honours degree in economics and finance, an MBA, a CFA, and have worked in the finance industry for 20 years.

You're a bass player.

So, no, you don't know more.

Unless you're talking about bass playing.

He has listened to hundreds of hours of conspiracy videos on YouTube.

 

[Toro]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

I know more than you.....infinitely more.....

Dude, I have an honours degree in economics and finance, an MBA, a CFA, and have worked in the finance industry for 20 years.

You're a bass player.

So, no, you don't know more.

Unless you're talking about bass playing.

He has listened to hundreds of hours of conspiracy videos on YouTube.

Crazy Dale claims to have "read for 14,000 hours."

True story.

 

[Toddsterpatriot]

Foreign banks do control ALL central banks.....how and the fuck can you not know that? This is just common knowledge and not even a debatable fact.

It's "common knowledge" to ignorant people who have no clue what they are talking about.

I know more than you.....infinitely more.....

Dude, I have an honours degree in economics and finance, an MBA, a CFA, and have worked in the finance industry for 20 years.

You're a bass player.

So, no, you don't know more.

Unless you're talking about bass playing.

He has listened to hundreds of hours of conspiracy videos on YouTube.

Crazy Dale claims to have "read for 14,000 hours."

True story.

Maybe books on tape......

 

[Zander]

I am hoping that the MMT people are right......otherwise we're screwed.

 

[william the wie]

I am hoping that the MMT people are right......otherwise we're screwed.

In that case all but the last two words of your post are unneeded. MMT was a major and critical factor in the collapse of LTCM. Ignoring the bail out on the bail our by Bear Stearns and Lehman Brothers going light at the LTCM pass out has been mentioned as a failure of MMT that led to/caused the melt down.