Daily Archives: May 24, 2013

ZeroHedge – Tyler Durden – Europe Opens $80 Trillion Shadow Banking Pandora’s Box : Will Seek To Collapse Repo “Collateral Chains” – 24 May 2013

ZeroHedgeIn what may be the most important story of the day, or maybe year, for a world in which there already is an $11 trillion shortfall in high-quality collateral (and declining every day courtesy of Ben’s monetization of Treasury paper) so needed to support the deposit-free liability structures of the shadow banking system (as most recently explained here), Bloomberg has just reported that Europe may begin a crackdown on that most important credit money conduit: the $80 trillion+ global shadow banking system, by effectively collapsing collateral chains, and by making wanton asset rehypothecation a thing of the past, permitted only with express prior permission, which obviously will never come: who in their right mind would allow a bank to repledge an asset which may be lost as part of the counterparty carnage should said bank pull a Lehman. The result of this, should it be taken to completion, would be pervasive liquidations as countless collateral chain margin calls spread, counterparty risk soars all over again, and as the scramble to obtain the true underlying assets finally begins. Continue reading

5DMediaNetwork – Barbara Karnes – Strange Sensory Shifts – 24 May 2013

Here’s a screenshot of the Skype message I sent to Lisa M Harrison earlier today about odd shifts I’ve been experiencing after Tuesday’s The Collective Imagination broadcast. And, of course, I wittingly cast the uncorking of the conundrum on Lisa and her cohorts in Morocco.

Expand to read full text of Skype short Continue reading

Dutchsinse – 8.3M earthquake – Sea Of Okhotsk, Russia – West Coast USA movement – 24 May 2013

Uploaded on 23 May 2013 by dutchsinse Continue reading

John Ward – Lines On The Ability To Be A Top-Four EU Felon And A F**kwit At One and The Same Time – 24 May 2013

John WardFor those of you who missed this morning’s jolly jape about Draghi, Lagarde, van Rompuy and Barroso, unless the Forces of Darkness have taken it down, it should still reside here.  What I really didn’t count on was that news during the day would illustrate beyond any reasonable doubt that, when it comes to eurocrats, the correlation between criminality and incompetence is as near as damnit 100%.

Thus – to add to the earlier four most wanted criminals – we now have their four biggest f**k-ups. Continue reading

NaturalNews – J.D. Heyes – JPMorgan Exposed : Company Found Guilty Of Masterminding Manipulative Schemes – 24 May 2013

guilty(NaturalNews) The financial institution that came to epitomize the “too big to fail” concept should have been left to its own economic destruction during the days of the Great Recession it helped to cause back in 2008-09, because had it been allowed to go under, its criminal behavior would have ended then. Continue reading

Lisa Gawlas – The Fog Bank Of Lower Density – 24 May 2013

Fog Bank

I have decided, I take to many things for granted!  Namely, my ability to connect to spirit or the clarity of a landscape to allow such communication with ease.  Of course, I didn’t realize any of this until yesterday when I tried to do my readings for the day.  I have not heard or connected to a thing since landing in Bristol, Virginia on Wednesday evening.  I assumed I was just road weary and that fact that my limbs were swollen like sausages, that I just needed time to recoup my energy and deflate. Continue reading

The Culling Of The Economic Unwashed Is About To Begin – 24 May 2013

vThe culling of the economic unwashed is about to begin

Tonight, “V, The Guerrilla Economist” will be back, this time taking us deeper into the labyrinth of lies that is our global economic system.

By The Hagmann & Hagmann Report

24 May 2013: Whatever doubts we thought we had about the validity and urgency of the information provided by a financial insider known only as “V,” also dubbed the Guerrilla Economist™, subsided within days of his initial broadcast on The Hagmann & Hagmann Report on January 11, 2013. Our guest told the listening audience what to look for and where to look as the U.S. economy is under attack. His economic predictions were uncannily accurate, becoming headlines just days and weeks after his initial appearance. He appeared as a guest a few more times, each time his economic concerns seemed to be building in their urgency. A murmur began to build in the financial sector after each of his appearances, with many economists taking notice of his revelations. Continue reading