1 Response to Daily Risk Monitor – May 16

1. theyenguy says:

   May 20, 2014 at 2:27 AM

   On Tuesday, May 13, 2014, the see saw destruction of fiat wealth commenced in the Eurozone on the failure of credit. specifically the failure of trust in the world central banks to continue to stimulate investment gains as well as global growth. With the trade lower in Italy, EWI, the world has passed through an inflection point: the world has pivoted from the age of credit into the age of debt servitude.

   May 13, 2014, was a pivot point in mankind’s economic history. Major World Currencies, DBV, such as the Euro, FXE, are now trading lower.

   There are no investable markets anymore. Ireland, EIRL, was the crown jewel of debt trade investing and currency carry trade investing, in the age of credit and the age of currencies. Now with Ireland’s Bank, IRE, and its companies, JHX, IR, CRH, RYAAY, XL, ACN, trading lower. Ireland, Italy, and Greece, are the leading the way lower into the age of debt servitude..

   Having created the perfect moral hazard peak wealth on Tuesday May 13, 2014, with the S&P 500, SPY, manifesting a blow off market top, Jesus Christ has closed the chapter on the book of economic life, which reads the age of gilded wealth, and has set sail on a new mission, that is the destruction of all fiat money and fiat wealth.

   Beginning the week ending May 16, 2014, an unwinding of the Euro Yen Currency Carry Trade, that is EURJPY in nation investment in Ireland, EIRL, Greece, GREK, Italy, EWI, and Eurozone Stocks, EZU, as well as a derisking out of the European Financials Debt Trade, EUFN, introduced a see saw destruction of fiat wealth, and the age of debt servitude, and terminated all liberal things worthy of trust, such as a university education, home buying, and fiat wealth investing.

   Out of soon coming economic chaos, people will come to trust in new monetary and economic policies of regional economic governance and schemes of debt servitude to establish regional security, stability, and sustainability, where the debt serf is the centerpiece of economic activity.

   Under liberalism bankers, corporations, government, entrepreneurs, and citizens of democracies were the legislators of economic value and the legislators of economic life that shape one’s means and one’s ends. Now, under authoritarianism, currency traders, bond vigilantes, and regional fascist leaders working in public private partnerships and in regional governance, are the legislators of economic value and are the legislators that shape one’s means and one’s ends.

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