Turning point in shadow banking?

[Luke]

http://www.zerohedge.com/article/deflationists-take-note-bernanke-succeeds-offsetting-shadow-banking-collapse


s of Q3 2009, the sequential change in shadow and traditional bank liabilities was net positive by $3.8 billion: this is the first time this number has posted an increase since December 2008! This fact should send a wedge of terror into the hearts of all those, both deflationists and inflationsts, who realize the significance of this inflection point: it appears that Bernanke has finally succeeded at offsetting the drop in the shadow banking system.

So, might it be that the banks sold all what they perceived as stinking junk? Will they rebuild the rollercoaster?

Better brace for some serious change in vectors, including prices of precious metals.

[conk]

Who keeps buying this stinking pile of junk? Surely some kind of scheme whereby they move this stuff around and manage to make money at the same time. Whoever is holding the bag at the end loses their arse? Infinitely complex, this bizarro world of accounting.

[Luke]

Who keeps buying this stinking pile of junk? Surely some kind of scheme whereby they move this stuff around and manage to make money at the same time. Whoever is holding the bag at the end loses their arse? Infinitely complex, this bizarro world of accounting.

Answer : http://projectavalon.net/forum4/showthread.php?7782-QE2-Death-of-creature-named-market.&p=66658&viewfull=1#post66658
To be precise Joel Bowman's quote:

In a nutshell, Bernanke committed the Fed to purchase $600 billion in Treasuries over the next 8 months. In addition, those nasty mortgage securities the Fed gobbled up during operation QE1 will continue to be rolled over into Treasuries. All in, the total price tag comes to $875 billion brand spankin’ new dollars…with the option to open the spigots further should inflation (the CPI version) come in under what the Fed deems as “healthy.”
Treasuries== taxpayer .. stinking s*** goes to debt package, and they will even pay interest on it. Clever, isn't it ?
BOHICA (http://www.urbandictionary.com/define.php?term=B.O.H.I.C.A)

If you want to be angered even more, visit here: http://projectavalon.net/forum4/showthread.php?6932-2008-2-Trillion-False-Flag-Event-at-the-U.S.-Treasury

[conk]

Sorry Luke, I meant earlier in this whole messy timeline, prior to the Fed buying up so much dookie. From the inception of some of these strange financial instruments there have been buyers. Like I mentioned, perhaps they all know it's a scam, but play with the risk that they won't be holding it when the SHTF.

[Koyaanisqatsi]

http://www.zerohedge.com/article/deflationists-take-note-bernanke-succeeds-offsetting-shadow-banking-collapse



So, might it be that the banks sold all what they perceived as stinking junk? Will they rebuild the rollercoaster?

Better brace for some serious change in vectors, including prices of precious metals.

So you think the prices of precious metals might rise or fall, they're so high already....

[Merkaba360]

Always duality.

The public side is all stinking sht, since Money = Debt, at least on the public side.

So, the real question is what is going on in the private side. Im sure they have wealth (not money) coming out their ears. So, how are they and their books dependent on the public side?

The Joe Schmo's don't even know what they are buying when they package all the garbage in bundles and sell them.

I love how the economists think they understand the financial system. They were never intended to, since theyre not in the loop!! lol

[Luke]

I love how the economists think they understand the financial system. They were never intended to, since theyre not in the loop!! lol

Indeed.
That's why few guys telling what exactly is going on, often use term "Tenured Stooges".


“Today's scientists have substituted mathematics for experiments, and they wander off through equation after equation, and eventually build a structure which has no relation to reality.”
- Nikola Tesla


"“The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane.”"
Nikola Tesla

[Rocky_Shorz]

Sorcha Faal's new daily spin...


December 16, 2010

America Warned Is Just Months Away From Financial Armageddon

By: Sorcha Faal, and as reported to her Western Subscribers

The plan of the American Progressives, led by President Obama, to plunge the United States into economic chaos in order for their being able to ‘rebuild’ it from ‘the bottom up’ appears to be nearing success as new warnings have been issued stating that they are just months away from financial Armageddon...

The reason for this being so lies in a new tax bill currently wending its way through the US Congress that the Global credit agency Moody’s has warned, if it passes, and Obama signs it into law, the United States Aaa credit rating will most likely be cut and causing an inflationary spiral to hit the Americans the likes of which they have never seen...


Even worse for the United States is that it has to roll-over in the coming months Trillions of Dollars of debt estimated to be 27.8% of their entire Gross Domestic Product (GDP) at the same time Global markets have become alarmed over the Americans failure to control the biggest debt in their history and resulted in last weeks massive sell-off of US Treasury Bonds.

The Obama government responded to this massive sell-off by raising the interest rates on US Treasury’s to 6-months highs prompting David Bloom, currency chief at Hong Kong and Shanghai Banking Corporation (HSBC), to warn: “…if yields are rising because people think America’s fiscal situation is unsustainable, then its Armageddon.”

The inflationary spiral warned to hit the United States couldn’t come at a worse time as aside from the tens-of-millions who have already lost their homes in the greatest housing rout since the Great Depression, over 5.2 million Americans are said living in homes 60-90 days past due on their mortgages.

Equally worse to hit the Americans is what Dan Akerson, chief executive of General Motors, warned is the coming “gas price shock” he is preparing his auto company for by hiring 1,000 engineers and researchers to quickly build more fuel efficient vehicles as these people will no longer be able to afford to drive what they now own...


Most unfortunately for the American people is their continued blindness to the grave state their once great Nation is now in, and their continued allowing of their Nation to be looted for the sole benefit of their elite Progressive ruling classes that defies all explanation, especially in light of the violent protests erupting all across the European Continent against these so called ‘banksters’ who are continuing to loot the wealth of the West to line their own pockets.

To the bankers of today supported most strongly by the Obama regime and his Progressive allies, the 7th President of the United States, Andrew Jackson, fought against in the early 1800’s and whose words from those days echo forward to a new generation of Americans:

“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”

Sadly, today, and as over 50 million Americans are reported are in danger of starving, the lessons of their ancestors have not been heeded, creating the strong likelihood that these once great people have in effect become nothing more than slaves to their new bankster masters.

what does it mean... (http://www.whatdoesitmean.com/index1431.htm)

We know he is one of the best spin masters but at a time like this, we sit back and wonder if for once some under lying truth is being revealed...


Maybe Fox is just looking for someone to replace Beck...