Segregation, determination, demonstration, integration, aggravation,
humiliation, obligation to our nation
Ball of Confusion that’s what the world is today [yeah, yeah]
The sale of pills is at an all time high
young folks walkin’ ’round with their heads in the sky
Cities aflame in the summer time, oh the beat goes on
Eve of destruction tax deduction
City inspectors, bill collectors,
Evolution, revolution, gun control, the sound of soul,
Shootin’ rockets to the moon,kids growin’ up too soon
Politicians say more taxes will solve ev’rything, and the band played on.
Posts Tagged ‘German Coalition’
Notes From Underground: Ball of Confusion
March 5, 2018Notes From Underground: Klaatu Barada Nikto (Stop The Printing Presses!)
November 19, 2017In this famous science fiction phrase from the movie “The Day the Earth Stood Still,” I extract my own meaning: Stop the printing before the world’s financial system is destroyed. Sci-fi writer Edmund North never deciphered the English translation of this “alien” phrase but I believe my interpretation applies to these tumultuous times in central banking. The ROBOT GORT is prevented from destroying the world when the words are spoken to him. Thus I say to Mario Draghi: “Mario Barada Nikto.” The continued use of large-scale asset purchases to enhance global liquidity in a period of increased economic growth is preventing the markets from stabilizing. The proof is in the continued mispricing of corporate debt. Last week, the BBB-rated French firm Veolia sold 500 million euros of three-year notes for -0.026%. Yes, a mediocre credit was able to borrow at less than zero. This is the insanity of the financial world to which the central banks continue to provide liquidity.