David Stockman cuts through the financial crap in this report:
What I have come to argue here is that the not seasonally adjusted (NSA) numbers, which I have always relied upon in my analysis of the jobs trend, is probably also a joke. Look at this chart [see link below]. Do those railroad tracks look like the real world to you, or are these some kind of computer generated auto-numbers that merely make a pretense of reality. Law of Large Numbers or not, I have never seen any other economic series behave with such regularity.
This is a joke, a farce, a sham. But it doesn’t matter because the economy doesn’t matter. The world’s central banks have attempted, and largely succeeded, in rigging the financial markets. One of the consequences, intended or unintended, is that the bulk of the benefit of that rigging flows to the US financial markets. That has been so been since 2009. The US market has been and remains today, the Last Ponzi Game Standing. All roads lead to the US.
You can read the rest @
http://davidstockmanscontracorner.com/the-daily-data-dive-bls-railroad-tracks-epitomize-the-rigged-us-economic-data-and-markets/
Q: Which would result in a harder fall - (1) intentionally cutting off the funds to the US Ponzi Game, or (2) letting it collapse of its own weight?
A: I don't know, but we're about to find out.
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