1- Bunch of hippies partying in an anti profit "environment friendly" are stunned and learn a harsh lesson about reality
***********************
I'll start this with a fun one. Try not to laugh.
Vice produced a video about a couple dozen of hippies that ended stuck in a jungle after being placed under quarantine due to covid-19.
"The Tribal Gathering Festival in Panama was placed under quarantine due to the COVID-19 pandemic on March 15th. There are still 40 people trapped on site, in a jungle by a beach that’s no longer paradise.
On April 21st the flight ban in the country was extended to May 22nd, meaning the festival-goers will be stranded for at least another month. This is now the last festival on earth."
They are now fighting for food. The owner of the manor that I think was organising the event told them something along the lines of "whoever steals our food will get beaten, remember who this land belongs to".
A few weeks ago they were smiling, and partying, calling the modern world so messed up, and calling their little party in nature "paradise", and a return to nature we all needed. Now they are fighting over food, fighting with insects, fighting with a bad sewage system, and they are calling it "hell", including leaders of Exctinction Rebellion.
The festival was “designed to be a temporary paradise where people from western cities could learn from indigenous communities about how to rebalance society and live in symbiosis with the earth.”
From the district herald:
"While the situation is terrible, of course, it has also become extremely comical. The hippies are now being forced to live in their theoretical utopia — and they aren’t having the amazing time that they imagined."
A girl wrote this, I like it when they are cruel 🔥🔥🔥
What is this? It is the smell of satisfaction.
2- The largest sovereign fund in the world vows more transparency, historical dumps
***********************
World's largest sovereign fund vows more transparency on shareholder votes:
The Norway sovereign fund, which invests about 2/3 in stocks, and holds around 1.5% of all world listed shares, will explain its decision in particular when they oppose the board recommendations.
“It is particularly relevant for companies and the general public to understand why we in some cases vote against the board”
Norway mega pension, the Oil Fund for short (not the official name), is planning a historical sale of 382 billion coronas (/9.85 = 39 billion usd).
Total assets: 10 340 768 501 978 NOK
China own wealth fund, China Investment Corp., which holds about $941 billion, almost as much as Norway's, is looking for more resilient assets (fixed income) and they said they were watching the short term volatility but were happy with the stock rebound (rekt in 5 4 3 2).
They bough tech stocks, and 12.7% of a norwegian airline company's shares.
Abu Dhabi fund (3rd) postponed a $2bn sale to the second half of the year.
Saudi Arabia (10th, $320 bn AUM) went on a shopping spree.
Doesn't seem like they have sold yet. Who's running those? Bureaucrats right? They'll sell at the bottom (and push prices lower).
Ding Xuedong (born February 1960) is Chairman & CEO of China Investment Corporation. Prior to this he held several positions in the Government of the People's Republic of China.
Norway fund is run by The Parliament, the Ministry of Finance, Norges Bank, and in particular Norges Bank Investment Management.
CEO Yngve Slyngstad holds a Master's degree in law from the University of Oslo and a Master's degree in business management from the Norwegian School of Economics (NHH). He also has a Master's degree in economics from the University of California and a Master's degree in political science from the University of Paris.
And when they get desperate to feed their people or repay their debts, they will do an "emergency" dump.
Doesn't say what their accomplishments are. Bookworms and politicians. Maybe they'll never sell because "always go up", then faced with something new they didn't learn at their 10 different schools, they'll just do something absolutely idiotic. Prob sell once down 90% because "risk management" and "our people need to have something left".
Norway blacklisted some Oil companies including canadian ones, and Trudeau was happy about it, climate hoax etc.
3- Europe central bank warn of losses, Iran central bank takes over militia owned banks
***********************
Iran central bank is nationalising banks which I think have massive losses/deficits.
The regime plans to remove four zeros from their currency (maybe call it the rial fuerte then).
Europe central bank warns european banks of major losses. Pfff the FED is way ahead of them, they completely deleted any reserve requirements to US banks. Can't lose your client money if you hold none, genius. What is this? A bank run? K we are going to give you, dear clients, our entire reserve :)
ECB release with complex charts and ideas and numbers:
www.ecb.europa.eu/pu...5~1b75555f66.en.html
ECB press release with simple terms for simple journalists :)
www.ecb.europa.eu/pr...6~cbbd04bd5d.en.html
The journalist version is a 1 page summary of a very long report.
On the "complex release" you can find a chart on one of the first pages showing deaths per 100,000 and government response stringency: it goes up. Does the gov response gets harsher the more deaths in % they have... or is it the other way around? 🙃
They list risks, speak of big declines, and reeeeee uncertainty. Nothing surprising.
4- Massively in debt economies are terrified of deflation
***********************
The governor of the central bank of Canada sounded off the alarm about deflation.
Basically he said this
"Oh no! If we do not fight deflation we might have to really repay debts and won't be able to rob the public."
"Oh no! With all the borrowing the government did, we are going to need to inflate this debt away just like Venezuela and Germany and Zimbabwe did. We must fight deflation at any cost, and bazooka money into our countries to rob the population to pay back all this debt."
Those are his words "Although a minority of observers worry that these extreme policies will create inflation someday, our dominant concern was with the downside risk and the possibility that deflation could emerge"
Yes, a tiny minority, we can ignore these crazy perma bears. What matters is The 97% Consensus™. The majority is often right.
"Someday", oh it's a tiny possibility that only a crazy minority of weirdos believe and it's far awya in time? Good nothing to worry about then.
I really wonder if those people are complete idiots, or if they run a conspiracy to get elected and rob the public.
His words:
"Deflation interacts horribly with existing debt, the two main ingredients of depressions in the past," he continued. "In effect, then, we were saying that the downside risks were sufficiently dire that there were no relevant trade-offs for monetary policy-makers to consider. Picture the pandemic creating a giant deflationary crater in the middle of the economy; it takes what looks like inflationary policies to offset it."
But of course! Deflation is what causes a depression! YES! It is not the cure or a symptom but better! THE CAUSE!
Depression using its time traveling spaceship goes back in time and creates a depression through the magnet science effect. 🧠
I am saving and remembering this. We are in late May 2020, the public bullishness is at ath, wealth funds are bullish, central banks are printing and think this will fix every thing, and we (me + others like me) are still getting called "a minority of extreme perma bears". This will age beautifully!
5- Republicans sue California governor over "Execute order 66" vote by mail
***********************
And here we have it! This is the power grab. Never let a good crisis go to waste.
California governor executed order N-64-20. Sounds very similar. And btw 64+2 = 66. I would not be surprised if he did this on purpose.
Republicans are shocked and suing him, or the party or the state whatever.
Mail voting has been showned to be a complete circus, with dead people voting, democratic voters receiving ballots but republicans not getting them, some commit forgeries, some pressure voters to vote for a certain president or moc and so on.
CNN unsurprisingly is defending Palpatine, and calling Trump fact based comments on the subject "false".
"We have to take the senate and get rid of Trump by any means necessary" and even "no matter how many people die".
Civil war will be lit. Maybe the depression will end up in the apocalypse and satan will come to earth to learn tips from bankers & politicians. 👺
6- SpaceX cancels their crashing of a spaceship
***********************
SpaceX and NASA, which are able to predict the weather with absolute certainty in 50 years were planning on launching a rocket into earth upper atmosphere, and I was all ready to watch the explosion, but due to bad weather they cancelled it.
The launch, which is financed in the billions by NASA and TESLA investors, is postponed to Saturday apparently.
***********************
I'll start this with a fun one. Try not to laugh.
Vice produced a video about a couple dozen of hippies that ended stuck in a jungle after being placed under quarantine due to covid-19.
"The Tribal Gathering Festival in Panama was placed under quarantine due to the COVID-19 pandemic on March 15th. There are still 40 people trapped on site, in a jungle by a beach that’s no longer paradise.
On April 21st the flight ban in the country was extended to May 22nd, meaning the festival-goers will be stranded for at least another month. This is now the last festival on earth."
They are now fighting for food. The owner of the manor that I think was organising the event told them something along the lines of "whoever steals our food will get beaten, remember who this land belongs to".
A few weeks ago they were smiling, and partying, calling the modern world so messed up, and calling their little party in nature "paradise", and a return to nature we all needed. Now they are fighting over food, fighting with insects, fighting with a bad sewage system, and they are calling it "hell", including leaders of Exctinction Rebellion.
The festival was “designed to be a temporary paradise where people from western cities could learn from indigenous communities about how to rebalance society and live in symbiosis with the earth.”
From the district herald:
"While the situation is terrible, of course, it has also become extremely comical. The hippies are now being forced to live in their theoretical utopia — and they aren’t having the amazing time that they imagined."
A girl wrote this, I like it when they are cruel 🔥🔥🔥
What is this? It is the smell of satisfaction.
2- The largest sovereign fund in the world vows more transparency, historical dumps
***********************
World's largest sovereign fund vows more transparency on shareholder votes:
The Norway sovereign fund, which invests about 2/3 in stocks, and holds around 1.5% of all world listed shares, will explain its decision in particular when they oppose the board recommendations.
“It is particularly relevant for companies and the general public to understand why we in some cases vote against the board”
Norway mega pension, the Oil Fund for short (not the official name), is planning a historical sale of 382 billion coronas (/9.85 = 39 billion usd).
Total assets: 10 340 768 501 978 NOK
China own wealth fund, China Investment Corp., which holds about $941 billion, almost as much as Norway's, is looking for more resilient assets (fixed income) and they said they were watching the short term volatility but were happy with the stock rebound (rekt in 5 4 3 2).
They bough tech stocks, and 12.7% of a norwegian airline company's shares.
Abu Dhabi fund (3rd) postponed a $2bn sale to the second half of the year.
Saudi Arabia (10th, $320 bn AUM) went on a shopping spree.
Doesn't seem like they have sold yet. Who's running those? Bureaucrats right? They'll sell at the bottom (and push prices lower).
Ding Xuedong (born February 1960) is Chairman & CEO of China Investment Corporation. Prior to this he held several positions in the Government of the People's Republic of China.
Norway fund is run by The Parliament, the Ministry of Finance, Norges Bank, and in particular Norges Bank Investment Management.
CEO Yngve Slyngstad holds a Master's degree in law from the University of Oslo and a Master's degree in business management from the Norwegian School of Economics (NHH). He also has a Master's degree in economics from the University of California and a Master's degree in political science from the University of Paris.
And when they get desperate to feed their people or repay their debts, they will do an "emergency" dump.
Doesn't say what their accomplishments are. Bookworms and politicians. Maybe they'll never sell because "always go up", then faced with something new they didn't learn at their 10 different schools, they'll just do something absolutely idiotic. Prob sell once down 90% because "risk management" and "our people need to have something left".
Norway blacklisted some Oil companies including canadian ones, and Trudeau was happy about it, climate hoax etc.
3- Europe central bank warn of losses, Iran central bank takes over militia owned banks
***********************
Iran central bank is nationalising banks which I think have massive losses/deficits.
The regime plans to remove four zeros from their currency (maybe call it the rial fuerte then).
Europe central bank warns european banks of major losses. Pfff the FED is way ahead of them, they completely deleted any reserve requirements to US banks. Can't lose your client money if you hold none, genius. What is this? A bank run? K we are going to give you, dear clients, our entire reserve :)
ECB release with complex charts and ideas and numbers:
www.ecb.europa.eu/pu...5~1b75555f66.en.html
ECB press release with simple terms for simple journalists :)
www.ecb.europa.eu/pr...6~cbbd04bd5d.en.html
The journalist version is a 1 page summary of a very long report.
On the "complex release" you can find a chart on one of the first pages showing deaths per 100,000 and government response stringency: it goes up. Does the gov response gets harsher the more deaths in % they have... or is it the other way around? 🙃
They list risks, speak of big declines, and reeeeee uncertainty. Nothing surprising.
4- Massively in debt economies are terrified of deflation
***********************
The governor of the central bank of Canada sounded off the alarm about deflation.
Basically he said this
"Oh no! If we do not fight deflation we might have to really repay debts and won't be able to rob the public."
"Oh no! With all the borrowing the government did, we are going to need to inflate this debt away just like Venezuela and Germany and Zimbabwe did. We must fight deflation at any cost, and bazooka money into our countries to rob the population to pay back all this debt."
Those are his words "Although a minority of observers worry that these extreme policies will create inflation someday, our dominant concern was with the downside risk and the possibility that deflation could emerge"
Yes, a tiny minority, we can ignore these crazy perma bears. What matters is The 97% Consensus™. The majority is often right.
"Someday", oh it's a tiny possibility that only a crazy minority of weirdos believe and it's far awya in time? Good nothing to worry about then.
I really wonder if those people are complete idiots, or if they run a conspiracy to get elected and rob the public.
His words:
"Deflation interacts horribly with existing debt, the two main ingredients of depressions in the past," he continued. "In effect, then, we were saying that the downside risks were sufficiently dire that there were no relevant trade-offs for monetary policy-makers to consider. Picture the pandemic creating a giant deflationary crater in the middle of the economy; it takes what looks like inflationary policies to offset it."
But of course! Deflation is what causes a depression! YES! It is not the cure or a symptom but better! THE CAUSE!
Depression using its time traveling spaceship goes back in time and creates a depression through the magnet science effect. 🧠
I am saving and remembering this. We are in late May 2020, the public bullishness is at ath, wealth funds are bullish, central banks are printing and think this will fix every thing, and we (me + others like me) are still getting called "a minority of extreme perma bears". This will age beautifully!
5- Republicans sue California governor over "Execute order 66" vote by mail
***********************
And here we have it! This is the power grab. Never let a good crisis go to waste.
California governor executed order N-64-20. Sounds very similar. And btw 64+2 = 66. I would not be surprised if he did this on purpose.
Republicans are shocked and suing him, or the party or the state whatever.
Mail voting has been showned to be a complete circus, with dead people voting, democratic voters receiving ballots but republicans not getting them, some commit forgeries, some pressure voters to vote for a certain president or moc and so on.
CNN unsurprisingly is defending Palpatine, and calling Trump fact based comments on the subject "false".
"We have to take the senate and get rid of Trump by any means necessary" and even "no matter how many people die".
Civil war will be lit. Maybe the depression will end up in the apocalypse and satan will come to earth to learn tips from bankers & politicians. 👺
6- SpaceX cancels their crashing of a spaceship
***********************
SpaceX and NASA, which are able to predict the weather with absolute certainty in 50 years were planning on launching a rocket into earth upper atmosphere, and I was all ready to watch the explosion, but due to bad weather they cancelled it.
The launch, which is financed in the billions by NASA and TESLA investors, is postponed to Saturday apparently.
What an explosion!
Elon Musk pretended this is what he expected and acted victorious, I laughed so hard I choked.
"Mars, here we come".