Track record of failure

Deutsche Bank’s Crisis Will Likely Lead To U.S. and Global Banking Crisis

“What is troubling and indeed significant for American policy makers, however, is the nearly complete failure of our friends in Europe to address their banking sector, either in terms of cleaning up bad assets or raising capital to enable the cleanup.”

Yeah, blame us.

America’s the strongest economy in the world until something goes wrong, then it’s all European’s fault.

“Sadly the HNA equity investment in Deutsche Bank was financed with a lot of debt. When the Chinese firm started to literally implode two years ago due to massive debt payments on its $40 billion in obligations,

sign of strength, of course

I deploy information in a timely manner.

it began to sell its shares in Deutsche Bank, creating the latest crisis for the chronically underperforming bank. Today HNA is being liquidated under the supervision of the Chinese government. And to this day, nobody among United States or European bank regulators really knows who owns the company that was briefly the largest shareholder of Deutsche Bank The setback with HNA led to discussions of merging Deutsche Bank with Germany’s Commerbank, another poor performer among the country’s banking sector.

Commiebank, am I right?

Because two failures make a success!

Again, German politicians led by Chancellor Angela Merkel refuse to even hint at public assistance for Deutsche Bank, but the mounting troubles with banks across Europe may force Merkel’s hand as it has in Italy.”…

Maybe.

If only we’d voted to leave the EU and could hard exit at any time.

Good luck coming after us with that timing.

No bureaucracy …for a thing that doesn’t exist.

Irish Exit the UK from the EU.

America can’t afford more socialism

Note the rounds of 19th century and early 20th century immigration led to debt spikes?

Third Worlders in the First World are just economic parasites. It’s IQ and high time preference.

Spoiled privileged Yang truly promises a Boomer bailout of mortgages via a blisteringly obvious planned rent hike* (since all the poor would suddenly be good for it) and you don’t need extra ‘money’ to end the welfare cliff. It’s a pen stroke away to step the payments down gradually.

America’s net worth is negative too, more socialism will cause hyperinflation – and then, invasion.

People ate leather sofas in Weimar Germany and licked wallpaper glue.

Allegedly they ate babies. This would be mathematically worse.

What’s to stop the sneaky QE of UBI leading to price raises across the board from all sectors? Especially food.

Nothing. That’s what.

People are celebrating a termite in their savings.

UBI: It’s the missing link between inflation and hyperinflation.

The ‘basic’ is a clue. It’ll go on basics – 1. rent, 2. food, 3. medical.

“Universal” – you have no choice whether to go into debt. No choice. But rich people will get a bailout, no means testing. Fair? About inequality? No and no.

The distance between the poor guy with $0 and the rich guy with a million will be exactly the same if you give both two grand. Perhaps higher, because increasing monetary supply directly causes one thing.

Prices will rise. Regardless of specific agents e.g. landlords.

So spending power of the poor guy will decrease.

Go ahead, vote for it. I wanna see what happens.

You cannot consider income without expense.

It’s an equation, it has two sides.

If only there were an economic law to explain this concept, of supplying and demanding…

*The average hippy American Boomer seriously considers their house their pension. That is factual.

Map the top chart onto spending power, I dare you.

Tell Yang you’ll have UBI under one condition: rent controls. He won’t do it.

Energy cost & fresh food prices in the USA

https://ageconsearch.umn.edu/bitstream/103696/2/Roeger%20Leibtag%20AAEA%20Poster%202011.pdf

Related

https://disenchantedscholar.wordpress.com/2017/09/01/study-low-fat-kills/

https://disenchantedscholar.wordpress.com/2016/02/20/data-drive-food-shortages-famine-starvation-coming-to-the-uk-europe/

https://disenchantedscholar.wordpress.com/2018/01/07/population-r-selection-food-supply-and-famine/

1976 flu scare

and fraud

https://www.vaccinationinformationnetwork.com/60-minutes-on-the-1976-swine-flu-vaccine-fiasco/

Those who don’t learn from history are doomed to repeat it.

Later is too late to be skeptical.

Emotional appeal is not an argument. This is scientism.

“Herd immunity” fails, even at 100% (impossible uptake figure), it cannot be falsified. It is not science.

It is unfalsifiable socialist lies. Remember this case study with every ‘flu’.
There is no null hypothesis, it’s a myth. Like the tongue map.
Kinda like the political term “climate change” isn’t scientific, because ‘change’ has no H0 (null hypothesis).