"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Monday, August 06, 2012

HOW AND WHY THE US DOLLAR AND US STOCKS WIN BY DEFAULT

VIA GLENN:
[CEO] Henry is cited as saying that the Anglo-Dutch oil major [SHELL] would rather deposit $15 billion of cash in non-European assets, such as U.S. Treasuries and U.S. bank accounts. 
The firm is forced to keep some money in Europe to fund its operations, but is keeping the bulk of its reserve liquidity out of the euro zone to avoid growing macroeconomic risk, the report said.
THE ONLY REASON THE US STOCK-MARKETS AND CURRENCY IS DOING WELL IS BECAUSE EUROPE AND CHINA ARE CRASHING - ALBEIT IN SLOW MOTION AND PERHAPS WITH A SOFTISH LANDING.

THE US ECONOMY SUCKS, BUT EUROPE AN CHINA SUCK WORSE.

(HEY, MAYBE THAT COULD BE OBAMA'S NEXT CAMPAIGN SLOGAN!)

THE SLOW MOTION/SOFT LANDING IS BEING ENGINEERED BY THIS KABUKI DANCE:


THIS DANCE HAS GIVEN BIG BANKS AND BIG INVESTORS TIME TO RELOCATE FUNDS IN SAFER PLACES AS THE POLITICIANS TAKE THEIR LOUSY DEBT AND LAY IT ON TO THE TAXPAYERS.


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