NEW: (hypothetically starring) VIC REEVES as LUKE SKYWALKER .. in "Waiting for Godot, the hollywood version".
We're gonna need a bigger supply of bullshit repellant.
Thrust of argument: Tyler Durden at Zero Hedge writes 'the mainstream spin machine is going into high speed the more negative data is exposed and absorbed into the markets. If you know your history, then you know that this is a common tactic by the establishment elite to string the public along with false hopes so that they do not prepare or take alternative measures while the system crumbles around their ears. At the onset of the Great Depression the same strategies were used'.
Direction of resistance / implied resistance: Durden points out 'It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been no end to the absurd and ludicrous propaganda coming out of mainstream financial outlets and as the situation in markets becomes worse, the propaganda will only increase'.
I WOULD TRADE NOW ON:
bae (at half strength)
AT APPROX 565.00
capita (at half strength)
AT APPROX 486.20
centrica AT APPROX 145.00
directline AT APPROX 358.70
g4s AT APPROX 252.90
gkn AT APPROX 298.40
glencore AT APPROX 343.00
m&s AT APPROX 319.30
rollsroyce (at half strength)
AT APPROX 839.50
rsa (at half strength)
AT APPROX 601.00
standardlife AT APPROX 417.90
THIS IS NOT TRADING ADVICE. CLICK HERE FOR MORE DETAILS.
Removal of resistance: And indeed Durden advises us 'The truth is, the crash in global stocks which will undoubtedly continue over the next several months despite any delays on ZIRP by the Fed is a product of universal decay in fiscal infrastructure. Nearly every single nation on this planet, every sovereign economy, has allowed central and international banks to poison every aspect of their respective systems with debt and manipulation. This is not a 'contagion' problem, it is a systemic problem to every economy across the world'.
Unification: Clearly people are going to need to have a lot of bullshit repellant spray handy now.
(TVhobo's estimated size of readership since 2013, mainly in the UK and USA, with Germany in third place:
over 200,000 readers across approximately 200 cities/towns)
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Click here to read about Shams Pirani, the editor and chief author on this grid - note, if you can actually prove anything written above wrong, I would gladly, if the proof is sufficient, correct what I've written and what I think - if I could, however, prove your attempted proof wrong, then I would accordingly say so and maintain whatever point of view is completely based on fact and proof.