It Were Brexit Wot Dunnit

yo..night ovva long bollox innit!

Folks here in palookaville have voted for change... ha ha..

we aint dunnit fo donald...

we voted against hilary..

CLINTON'S THIRD TERM

yeah that was the game plan on wall st

money fo a rich...

dirt fo a poor...

make the middle classes pay alla tax...

take their savins an pay no intrest..

ramp up asset prices..

control a msm...

NONE ARE SO BLIND

even a bbc anna itn...

talkin mainstream bollox fo clinton scam...

never any doubt about the outcome..

never learned from brexit..

GET THIS

down here in palookaville we are well f@cked off..

we may not get change but we will vote for it..

we know y'all rigged the game agin us..

but we ain't gonna play no more..

toys is outta pram..

DONALD WHERE'S YER TROOSERS

can this rich bully business dude step up?

probably not...

but it would be nice wouldn't it..

if, for once in our tiny lives along would come a person..

who was strong enough and smart enough to get this...

YOU CAN'T TAKE IT WITH YOU

how about harnessing the money and setting it to work for the good of the folks..

obama care was not part of the solution...

it was part of the problem..

stop these medical fraudsters and create a health service that people can afford..

maybe then some of the businesses that have left may feel they can afford to do business here..

DO YOU REALLY NEED THAT NODDY BOAT ?

really, come on, if you own all the money ...

how can the rest of us buy anything from you?

https://mishtalk.com/2016/11/09/biggest-upset-in-history-wrong-wrong-wrong-right-best-speech-of-trumps-life/

http://www.nakedcapitalism.com/2016/11/voters-repudiate-clinton.html

http://charleshughsmith.blogspot.co.uk/2016/11/who-lost-biased-media-pundits-pollsters.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+google/RzFQ+(oftwominds)

Palookaville

yo! innit...

These days...

 here in palookaville...

nobody reads the msm...

not the papers..

not their blogs..

not their tweets..

not their tv news..

here in palookaville we don't vote anymore...

I WONDER WHY THIS IS

 maybe it's because we do not believe in them anymore...

we don't believe a word they say

perhaps it's because of the war..

or the wars..

the refugees..

the low wages..

the health care disaster..

maybe the fixing of interest rates..

propping up asset values..

bailing out the banks..

taxing only the little people...

maybe it's because of the power of the multinationals..

the now huge number of international companies..

too big to pay taxes..

IT'S ALL TOO BIG TO FIX

they say they are all too big to fail..

but really it's all too big to fix..

oh! they've fixed all of the above alright..

but we cannot undo all of the things they have fixed for themselves...

because they own the politics...

the media..

the internet...

they own the machine

HERE IN THE WILDERNESS

so here we sit...

like burks inna wilderness...

-------------

I do read mish though...

"Look at the result: Too big to fail is even bigger, toggle bonds and corporate borrowing are running rampant, no imbalances were fixed, QE is insane by any rational measure, and the Fed did nothing to rein in moral hazard risk taking.
The entire world would be much better off had not only Lehman gone under, but the entire banking system gone under.
Instead, bank are bigger than ever, corporate leverage is higher than ever, debt levels are higher than ever, and the global economy is setup for an even bigger collapse."

https://mishtalk.com/2016/10/22/another-lehman-blunder-coming-up/ 

And this...from naked capitalism (Nomi Prins)

"In this election, Hillary has crafted her talking points regarding the causes of the last financial crisis as weapons against Trump, but they hardly begin to tell the real story of what happened to the American economy. The meltdown of 2007-2008 was not mainly due to “tax policies that slashed taxes on the wealthy” or a “failure to invest in the middle class,” two subjects she has repeatedly highlighted to slam the Republicans and their candidate. It was a byproduct of the destruction of the regulations that opened the way for a too-big-to-fail framework to thrive. Under the presidency of Bill Clinton, Glass-Steagall, the Depression-era act that once separated people’s bank deposits and loans from any kind of risky bets or other similar actions in which banks might engage, was repealed under the Financial Modernization Act of 1999. In addition, the Commodity Futures Modernization Act was passed, which allowed Wall Street to concoct devastating unregulated side bets on what became the subprime crisis.
Given that the people involved with those choices are still around and some are still advising (or in the case of one former president living with) Hillary Clinton, it’s reasonable to imagine that, in January 2017, she’ll launch the third term of Bill Clinton when it comes to financial policy, banks, and the economy. Only now, the stakes are even higher, the banks larger, and their impunity still remarkably unchallenged."

http://www.nakedcapitalism.com/2016/10/nomi-prins-hillary-clinton-will-continue-the-big-bank-protection-racket.html

Let Prices Fall

yo!  big fix... innit !

evvabody know the fix is in...

been in since fo' evva

establishment, deep state, anna mainstreet bollox...

all scared shitless by falling prices.

way to growth

in order to stop prices fallin

 this lot have conspired firstly to prop up asset prices..

then to boom asset prices...

but joe onna street...

gets stuffed (f@cked)

All Tomorrows Money 

 

They shudda ring fenced depositors and let the banks and bond holders face the music of their own risk taking...

asset prices should have been allowed to crash...

housing to become affordable again..

a reset to normal current demand...

as things stand we have spent...

all tomorrows money

Daylight Robbery 

 

People with money inna bank

get no interest paid to them

people who borrow to push up asset prices...

get rewarded..

FACT 

there aint gonna be no growth until this fix ends

look at Japan

http://www.telegraph.co.uk/business/2016/09/27/imf-sounds-alarm-bells-over-trade-slowdown-and-low-inflation/

http://www.zerohedge.com/news/2016-09-10/global-economic-overview-brexit-china-screwflation-humility-patience

The Neverendum

yo! bollox innit...

jeremy paxman speaks best about this here.

1. the losers will demand a re-run...

2. the eu capos will not let us go...

3. the media will present the result as the daft fantasy of old people, small thinking, and racists....

4. the bent politicions will fight for their greater ambitions and expenses in europe...

5. clear thinking will be drowned out by msm noise...

6. they will have as many re-runs as it takes to get the result they want.

7. this is not a legally binding referendum but just an advisory referendum...

8. play for time... long grass will allow for all the fudge you can eat...

I WAS ONLY A CALLOW YOUTH

I voted for britain to go  in when we had the last one in 1975. I voted in because I liked the idea of free movement around europe without the need for a passport. That never happened for us here in the uk... but we have got an unintended immigration consequence.

I never gave a thought to how we already had the british commonwealth and that we were turning our backs on these great friends of ours...

INMHO... THE BLAME

first the banksters 

second the establishment

third organised crime

fourth the career politicions

fifth the msm

OH YEAH... 

an all the dumbed down sheeple who subscribe to the msm bollox and believe every word....

MISH 

https://mishtalk.com/2016/06/24/word-of-thanks-to-the-person-most-responsible-for-brexit-angela-merkel/

https://mishtalk.com/2016/06/25/brexit-what-happened-take-ii/ 

https://mishtalk.com/2016/06/25/brexit-question-on-free-trade/ 

https://mishtalk.com/2016/09/28/gang-of-27-hits-uk-with-impossible-demands-eu-seeks-inferior-deal-for-uk-spain-wants-gibraltar/

INTEREST IN RATES

WTF Do I know about anything? 

I'm just a babe who likes to party.

I do however read other folk's blogs

Just look in the side bar to see.

Here at uBABE Financial we don't read the mainstream press

Well not much

We read Mish mostly

So this is what we think about interest rate hikes

Forget it

aint goin ta happen

 anytime soon

Why?

Because governments are bust as well as banks

They spent all tomorrows money yesterday

So how they gonna let interest rates that they must pay on their debt 

rise?

no brainer innit.

Also

The ZIRP is all that's proppin up the economy

Tech boom

construction boom

property boom

stocks boom.

Well it all be gonna be evaperate

IF rates rise.

So forget it

go back to sleep.

Dream on innit...

an o course this jus my opinion so

take no notice sukkers..

just looking

 This is not advice ...please see disclaimer. it's just for my own info.

transports

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