BUNGEE CORD RECOVERY

BUNGEE CORD ECONOMICS:

The news is as we predicted on THIS blog. The professional velocity traders ARE returning from vacation. They have spotlighted more trouble in EU defaults this time downgrading credit for Ireland. But wait there is more bad news.

As the US Treasury seeks to acquire 50,000 offshore bank and hedge fund trading records for all its own citizens moving money off shore, the banks are not all that solid. Right at such a time billions are being withdrawn from these “not alright” EU banks in what may be called an invisible RUN on those banks. Funds are moving to BEST LAW jurisidictions where it is national law not to divulge bank deposit clients to another nation. Meanwhile the hedge funds follow the withdrawals and short the banks and nations most likely to default in the EU.

Meanwhile we continue to predict the attention will SHIFT on the fall to US cities and US State potentials for default. As the credit rating of the USA itself comes into questions, as the credit of its cities and states in default becomes illuminated ( how could credit rating defaults in the USA – the unthinkable not be a risk ? ) ….occrus…the potential for a SUPER CRASH is upon us. One more ( not ten more )just one more run on a TOO BIG to fail and basically the Fed tool kit is under water itself. They have no clue what to do.

….they have no clue what to do…..

The depression of 2010-2011 is not like any other period because it is more fluid global and complex. To stop ONE leak in confidence you have ten others you have to attend to.

Another issue, insurance firms are now worried. Regulators are telling them they must increase their reserves. The problem is that the risk they manage is based on cost profits they make in money management. Today the policy of basically free money to banks, allows the banks to borrow money from the Gov at no cost and own Gov debt and pocket the difference on the tax payer. This is swelling the balance sheef of the Fed from 500 billiion to almost three TRILLION in 18 months. A good plan? We think NOT !!! We can’t risk our insure firm stability with new bank regulations.

Insure firms need to make a spread. They invest a trillion dollars themselves. They need to buy safe bets, like Gov Debt that makes a return. Only the Gov is paying the banks to buy all the debt with FREE MONEY freezing the insurance firms out – right as they tell them they have to improve their reserves when their profits to do so are DOWN from the trend we just reported. Those that get weak in such a trend will be bought by the franchise consolidated TOO BIG TO FAIL partners that run the nations now – the axis of evil the bank/hedgefund/investemntbank/privatebank/darkpool you can not longer tell them apart folks, 90% smaller than ten years back that control virtually ALL THE REMAINING MONEY and now want to legally steal the insurance firms and their client base and wealth. In the economy that is not real anyway. Want to learn more? Truth is painful? Waking up can be too. Sleeping doesn’t help when it is YOUR MONEY and YOUR FUTURE. Only information helps.

The system, unreformed is not a “real” economy. What your reading about in newspapers today are attempts to retrofit a fatally abused system that is dying. Why?

Stake holder economies sell stocks and bonds and commodities in futures or directly to stake holder buyers. Speculation ecomomis race one another to invest in “side bets” on WHICH WAY a market will go. Kind of like Alice in Wonderland eating the cake or drinking the potion ( her risk and bet ) and then putting her hand on her head saying over and over WHICH WAY ..will I GO…which way will I go? Will I shut up like a telescope ( crash ) or will I unfold like a mountain ( make billions on mortgage failures ).

While we live within the market of speculation, we the people of the entire GLOBAL village no longer live in a real “economy” anywhere on earth. While the speculators manipulate the market, and control the influence spots to assure they can conintue the profits of market manipulation ( so much larger than stake holder profits until it all crashes )…the regulators can not win. A total system reform to move the system from a market of manipualtion into a market of stake holders WILL unfold eventually to restore a REAL ECONOMY to the peoples of the world.

Law makers are afraid. They are attorney’s. They are advised mostly by the market manipulators who no longer even understand in many cases what they are doing. They think they are helping. In some cases.

Its a mess. We are moving through the stages of the final and what believe is the last and most important economic revolution since ROME. The move from competitive capitalism as a failed model, the move from competitive socailism/communisim as a failed model, the move from Shite capitalism and its competitive formats as a failed model, into truly cooperative capitalism which embraces the best of all of them. The final cooperative capitalism, properly globalized, properly reformed into a stake holder or REAL ECONOMY will restore the potential of humanity for all peoples in the Global Village.

While you can read the financial news we present here on your own, we truly know of no site that provides the INSIGHT to tie it all together or the entire picture all at once to match CEO SPACE. Our goal is to help you and your broker plan what to do if Super Crash occurs this fall as we have suggested it well might.

We want to avoid Super Crash but it takes ACTION by LAW MAKERS and frankly we believe they are missing their core opportunity to progressively recover us. The main engine of growth (USA ) is now sunk from 4% growth to 3% to 2% to 1% and we are still heading down into what many conclude is a W recession.

Today’s financial press reported the chance for a W recession has grown to 35%. CEO SPACE believes the W recession is 85%. There is no lawmaker action. There is only clean up when speculators hit TOO BIG TO FAILS and we pay off all the side bets with unborn generation revenue. How long can THAT condition go on folks?

If you see holes in this information write me.

We’ll keep a light on for ya…safe port in the storms?

You just found it.

Berny Dohrmann
Chairman www.ceospace.net

Tagged as: bank failure, banks, cia, congress, fbi, FCC, FDC, FDIC, federal reserve board, NASD, NSA, runs on banks, sec, US HOUSE, US Senate, White House