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Thread: An Asset Bubble for the History Books

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    Default An Asset Bubble for the History Books



    An Asset Bubble for the History Books
    Posted: April 8 2009


    Big bank money bombs will blow up money supply, economic data distorted beyond recognition, Fed magically conjures money, dollar set to lose its status in world currencies, zombie banks suck in healthy banks, just like in the movie, mark to market rules still hiding trillions in losses

    Many of you may recall that there was a tulip mania in Holland in the 1630's that has become synonymous with asset bubbles. Just to give you an idea of how over-the-top this mania became, the price for a single tulip bulb at one point during this mania was in the tens of thousands of dollars in terms of today's prices. And believe it or not they were writing futures contracts on tulip bulbs! Now, courtesy of our new Treasury Secretary, Kissinger protégé Little Timmy Geithner, who is on loan from the Federal Reserve Bank of New York, and Little Timmy's sidekick, Buck-Busting-Ben, chairman of the privately owned Fed, we are about to experience a hyperinflationary money bubble as Little Timmy and Buck-Busting-Ben create and unleash a money supply mania. That money supply mania will cause many other manias, including gold and silver manias, as tangible asset prices skyrocket.

    Considering all the foregoing talk of tulip mania and asset bubbles, we thought we felt it would be fitting to rename "Little Timmy" by giving him a name more appropriate to the overall circumstances. So, we decided to call him "Tiny Tim" instead. Yes, that's right, we chose this name because, like it or not, we will all have to go tiptoeing through the tulips (read: asset bubbles) with Tiny Tim. Hey, in the spirit of our upcoming hyperinflationary bubble, let's all sing together with Tiny Tim: "Tiptoe through the window, by the window, that is where I'll be, come tiptoe through the tulips with meeeeeeee..."

    Tiny Tim's hyperinflationary bubble will result from trillions upon trillions of dollars being created out of thin air to fund big bank bailout money-bombs. The funding will be accomplished by direct monetization of treasury bonds, the proceeds from which will be pumped into the US and world economies. That ever-burgeoning supply of money will be chasing after fewer and fewer goods as the world economy collapses. As each trillion-dollar money-bomb fails to save the Illuminist banks and our already dead but temporarily re-animated zombie financial system, another trillion-dollar money bomb will follow in rapid succession, until we go through about five trillion and the public outcry becomes so great that no further theft from taxpayers will be tolerated. By then it will be too late.

    MORE- http://www.theinternationalforecaste..._History_Books
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    By that time they will have outlawed all guns - but unforunately for them, they forgot to outlaw the gallows.

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    Quote Originally Posted by pelerus View Post
    by that time they will have outlawed all guns - but unforunately for them, they forgot to outlaw the gallows.
    a little french dark humor. Was the guillotine outlawed?

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    Quote Originally Posted by DDutton View Post
    a little french dark humor. Was the guillotine outlawed?
    The French never outlawed the guillotine; however, they abolished the death penalty in 1981.
    Last edited by aslan; June 15th, 2012 at 05:01 PM.
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
    “There are not one hundred people in the United States who hate The Catholic Church,
    but there are millions who hate what they wrongly perceive the Catholic Church to be.”
    Bishop Fulton J. Sheen

    “It takes a very long time to become young.” Pablo Picasso

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    There's a rumor going around that the French guillotines may be sold to a middle eastern theocracy of undisclosed identity, ostensibly for the loping off of hands and other body parts under Sharia law. As for heads, it was said that in most cases they still prefer the old-fashioned methodologies, some of which are specified by law. Several methods have been developed by these inventive and imaginative people over time. They include: swiping off heads with razor-sharp, machete-like knives; hanging; crucifixion (to provide public examples); and stoning-- so the use of such sophisticated machines as the guillotine seems a step in the wrong direction for many, especially orthodox, believers. "Nothing like the swoosh of a cleanly severed head," one responder commented. "There's a certain finality about the plop of a head into a waiting basket," said another (not sure whether he was responding to the guillotine or one of their own customary methods).
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
    “There are not one hundred people in the United States who hate The Catholic Church,
    but there are millions who hate what they wrongly perceive the Catholic Church to be.”
    Bishop Fulton J. Sheen

    “It takes a very long time to become young.” Pablo Picasso

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