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Old 07-08-2014, 05:07 PM
 
8,483 posts, read 6,910,568 times
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More is coming. Things are continuing to escalate.
(just recently)

IMF Advocates Taking Pensions & Extending Maturities of Gov’t Debt

WTF Chart Of The Day: "Holy $340 Billion In Quarter-End Window Dressing, Batman"



Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
quote:
That’s causing such trades to go uncompleted at some of the highest rates since the financial crisis.
...
You have a little bit of a perfect storm here,” said Stanley Sun, a New York-based interest-rate strategist at Nomura Holdings Inc., one of the 22 primary dealers that bid at Treasury auctions, in a telephone interview June 30.
...
Such failures to deliver Treasuries have averaged $65.6 billion a week this year, reaching as much as $197.6 billion in the week ended June 18, Fed data show.
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Old 07-08-2014, 05:15 PM
 
34,274 posts, read 19,276,372 times
Reputation: 17256
Hmmm....Maybe I should add more data like this to my data wall.
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Old 07-08-2014, 05:25 PM
 
8,483 posts, read 6,910,568 times
Reputation: 1119
Quote:
Originally Posted by greywar View Post
Hmmm....Maybe I should add more data like this to my data wall.
The repo market is very important to watch.

The hegelian dialectic is very well practiced however. Much is coming together. August onward could get very interesting.

BRICS aim to finish development bank preparations by July summit ...


http://www.youtube.com/watch?v=z2ZceSeGK3s

http://www.youtube.com/watch?v=Pt0LseQ0Vvo

Last edited by CDusr; 07-08-2014 at 06:04 PM.. Reason: video links
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Old 07-08-2014, 05:46 PM
 
Location: Ohio
24,623 posts, read 19,080,094 times
Reputation: 21738
Quote:
Originally Posted by CDusr View Post
More is coming. Things are continuing to escalate.
(just recently)

IMF Advocates Taking Pensions & Extending Maturities of Gov’t Debt

WTF Chart Of The Day: "Holy $340 Billion In Quarter-End Window Dressing, Batman"



Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
quote:
That’s causing such trades to go uncompleted at some of the highest rates since the financial crisis.
...
You have a little bit of a perfect storm here,” said Stanley Sun, a New York-based interest-rate strategist at Nomura Holdings Inc., one of the 22 primary dealers that bid at Treasury auctions, in a telephone interview June 30.
...
Such failures to deliver Treasuries have averaged $65.6 billion a week this year, reaching as much as $197.6 billion in the week ended June 18, Fed data show.
Quote:
Originally Posted by CDusr View Post
The repo market is very important to watch.

The hegelian dialectic is very well practiced however. Much is coming together. August onward could get very interesting.

BRICS aim to finish development bank preparations by July summit ...
Probably October (by Economic Time Reckoning).

I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.

Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.

Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....

Mircea
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Old 07-08-2014, 06:00 PM
 
8,483 posts, read 6,910,568 times
Reputation: 1119
Quote:
Originally Posted by Mircea View Post
Probably October (by Economic Time Reckoning).

I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.

Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.

Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....

Mircea
I think Oct could be significant also. Sept/Oct are always good months. But there has been an increase in pressure recently. So I expect we could see something as early as August. Obama and Treasury have already slipped the IMF changes in, this is scheduled for Oct iirc.
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Old 07-08-2014, 06:17 PM
 
34,274 posts, read 19,276,372 times
Reputation: 17256
Quote:
Originally Posted by Mircea View Post
Probably October (by Economic Time Reckoning).

I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.

Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.

Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....

Mircea
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.

Lots of ideas like "look at how Chile does it" as a way to convert social security to something else. I'm kind of surprised, I thought you would be all for that sort of thing. Nice to see I was mistaken!
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Old 07-08-2014, 06:31 PM
 
8,483 posts, read 6,910,568 times
Reputation: 1119
Quote:
Originally Posted by greywar View Post
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.

Lots of ideas like "look at how Chile does it" as a way to convert social security to something else. I'm kind of surprised, I thought you would be all for that sort of thing. Nice to see I was mistaken!
When you look at who controls/owns the media you can see why topics are muted and distractions are made. This IMF paper comes out quietly, around world cup. One may not hear about "opposition" or discussions. These big financial moves occur very quietly in the background. Even that hidden in plain sight. Many people don't even know what a CAFR is, but they are familiar with a budget. These kind of large scale obfuscations are deliberate.


Didn't hear much about this either.
Geithner Raids Federal Pension Funds - Déjà Vu from Last ...

Thrift Savings Plan used for debt ceiling relief - The ...


The repo market includes both sides of banking, including shadow.

Fed Funds And Repo

quote:
The Repo market, by comparison, is made up of banks, securities dealers, money funds, hedge funds, and many other financial institutions. The Repo market includes both the banking system and the shadow banking system, all in one place.
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Old 07-08-2014, 06:54 PM
 
79,907 posts, read 43,979,049 times
Reputation: 17189
Quote:
Originally Posted by greywar View Post
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.
Where I work they did this and I'm as happy as can be. The money is mine. Why wouldn't I like controlling my retirement as opposed to the company?
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Old 07-08-2014, 07:45 PM
 
8,483 posts, read 6,910,568 times
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Quote:
Originally Posted by pknopp View Post
Where I work they did this and I'm as happy as can be. The money is mine. Why wouldn't I like controlling my retirement as opposed to the company?
"Public" and "private" intertwined long ago. So it isn't that simple. Just like your framing of "yours" versus the "company". Assets in an account are not the same as money in your hand. Much like the choices always being drawn between Big Bus and Big Govt. Really not much of a choice. This is how the bi-polar game is played.
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Old 07-08-2014, 07:56 PM
 
79,907 posts, read 43,979,049 times
Reputation: 17189
Quote:
Originally Posted by CDusr View Post
"Public" and "private" intertwined long ago. So it isn't that simple. Just like your framing of "yours" versus the "company". Assets in an account are not the same as money in your hand. Much like the choices always being drawn between Big Bus and Big Govt. Really not much of a choice. This is how the bi-polar game is played.
The money is completely separate from the company.
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