JP Morgan metal's trading was a criminal enterprise??? You don't say!
Back in 2012 MF Global execs were prosecuted under RICO laws. Today its JP Morgan execs. The butcher's knife knife is cutting higher and higher up into the cow. Sooner or later they will catch someone who knows something he should not know and will be able to prove something he should not be able to prove. And in order to curry favor with the increasingly angry herd, the regulators will pull on that loose end and the whole sweater will come away by that strand.
That's how all criminal organizations fall and no it won't be different in the fall of the Global Debt Ponzi. Watch interest rates. The fed just lowered. If the market says "fuck you, dickless fed" and takes the long bond rates up then it's game over. The stock market will go into freefall collapse because, guess what, it's all pumped up on borrowed short term money.
It's a Global Debt Ponzi. There's no way to stop them from happening when the money supply is fake and fraudulent but once they get started they blow up until the balloon pops and then they come down like stepping into an elevator shaft. Stair steps up, elevator shaft down for the Global Debt Ponzi.
Wednesday, September 18, 2019
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