$this->bbcode_second_pass_quote('Outcast_Searcher', '
')Yup. When folks have to use zerohedge to make a point (always a doomsday point, of course), then you know they're really reaching.
PeakOil is You
Has the Great Contraction Begun?
Re: Has the Great Contraction Begun?
by ennui2 » Fri 29 Jan 2016, 21:52:42
For a long while on my FB page I used to share news links about doom (usually global warming). I was very strict about only sharing MSM links (National Geographic, network or cable news, major newspaper outlets, etc...). Turns out it wasn't that, while the volume was less, it still wasn't hard to find these things rather than, let's say, posting doomer boilerplate screeds from Greer. Because these sources had no obvious doomer axe to grind it was that much harder for anyone to claim bias or shoot the messenger.
Of course, none of my postings ever generated even a single comment from my blue-pill friends-list, so I stopped handing out red-pills.
My feeling is that MSM coverage of a topic reflect actual canaries in the coal-mine, whereas doom sites are all-doom-all-the-time and therefore fall into the "clock is right twice a day" batting-average. It's easy to claim that the MSM wants to push a "feel good about BAU" message, and that may be true overall, but there's still enough variability to allow for honest coverage of these issues.
"If the oil price crosses above the Etp maximum oil price curve within the next month, I will leave the forum." --SumYunGai (9/21/2016)
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ennui2 - Permanently Banned
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Re: Has the Great Contraction Begun?
by MonteQuest » Sat 30 Jan 2016, 02:18:14
$this->bbcode_second_pass_quote('vtsnowedin', ' ') That is OK Monti. We also know that you think Hillary Clinton would make a great president, so once we factor that into everything else you say we realize you really believe it and just don't know any better.
Never said anything of the sort. I said she has a superb command of the issues. No one can deny that. I'd like to see Bernie win and there be a revolution.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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MonteQuest - Expert
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Re: Has the Great Contraction Begun?
by peripato » Sat 30 Jan 2016, 06:37:18
$this->bbcode_second_pass_quote('vox_mundi', '[')b]World stocks jump as Bank of Japan rate goes sub-zero
$this->bbcode_second_pass_quote('', '[')b]The BOJ unexpectedly cut a benchmark rate below zero in another bold move to stimulate the Japanese economy as volatile markets and slowing global growth threaten the central bank's efforts to overcome deflation.
Global equities surged, the yen tumbled and sovereign debt rallied after the BOJ said it would charge 0.1 percent for excess reserves and may cut rates further if necessary, an aggressive policy pioneered by the European Central Bank.
The yield on benchmark 10-year Japanese government bonds JP10YTN=JBTC plunged to a record low of 0.09 percent, and the yen fell 2.32 percent to 121.57, on track for its biggest daily fall against the dollar in over a year.
"The BOJ decision was a massive surprise. It's further money printing from Japan on a massive scale after having told the markets that they're not doing it. That triggered European investors to push the risk-on button," said Will Hamlyn, investment analyst at Manulife Asset Management.
$this->bbcode_second_pass_quote('', '[')b]The BOJ unexpectedly cut a benchmark rate below zero in another bold move to stimulate the Japanese economy as volatile markets and slowing global growth threaten the central bank's efforts to overcome deflation.
Global equities surged, the yen tumbled and sovereign debt rallied after the BOJ said it would charge 0.1 percent for excess reserves and may cut rates further if necessary, an aggressive policy pioneered by the European Central Bank.
The yield on benchmark 10-year Japanese government bonds JP10YTN=JBTC plunged to a record low of 0.09 percent, and the yen fell 2.32 percent to 121.57, on track for its biggest daily fall against the dollar in over a year.
"The BOJ decision was a massive surprise. It's further money printing from Japan on a massive scale after having told the markets that they're not doing it. That triggered European investors to push the risk-on button," said Will Hamlyn, investment analyst at Manulife Asset Management.
This policy is otherwise known as "shovelling shit uphill"...
"Don’t panic, Wall St. is safe!"
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peripato - Heavy Crude
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