China was fucked when they decided to play games with the yuan peg. Was over then.
Every 1/4pt or 25 basis points is equal to the system needing up to $25-30b to cover it's rolling costs.
That will end poorly.
No..it's hard to tell as the numbers we get to see are horribly skewed. It could be well above even your calcs due to the leverage inherent.
People forget that NOTHING was done to help or solve 2008 controlled demolition. One of the roots of that crash came from Oct 2002 and the FRB's need to create another facility to exchange crap for cash…Repo process.
This was after virtually all of the reqs put in place after the depression ere removed. We still had the uptick rule and 'some' enforcement of GAAP. Wasn't much going on prior to Shrub's admin however when Cox was installed at S.E.C. IT WAS OVER.
That it's on….
That is the sign for "go"
don't think that any one knows all…I certainly don't.
you know that for sure..was for others.
The thing I hated(my issue not anyone else) the most was hooking in at various times and either in the middle of the several comm tests or Q&A where breads are flying it's difficult to keep up. I have learned to be patient…especially after the first set of comm tests
wait until you read about Hussein, Geithner, Paulson spiriting a few plates out of treasury and taking them to PI. Read the Black Eagle Trust and it will take places you never knew existed.
They built a tunnel from his house to the WH via the Islamic 'office' several blocks away..
http://www.nydailynews.com/news/politics/white-house-big-dig-wraps-project-remains-shrouded-mystery-article-1.1158343
So full of shit he doesn't know which end to wipe.
Proper fucked…all of SA. We need that wall now because the wave of people coming when the shit-show in Venz hits will be a powder keg.
Certainly the C_A caused most of these problems but they will manifest into a wave of people that will make the trek earlier this year look like a church picnic.