It is asteroid day! Huge asteroid headed for close encounter with Earth, "It is the first time since 1976 that an object of this size has passed this closely to the Earth." Want to see a picture of the large rock? NASA Captures New Images of Large Asteroid Passing Earth.
Speaking of close encounters, the White House says no evidence of aliens, but leaves the door open with, "noting that many scientists and mathematicians believe that, statistically speaking, odds are high that there is life somewhere among the "trillions and trillions of stars in the universe"".
I 100% agree with that statement and apparently NASA does as well. For some reason they like to take a lot of pictures of space dust doing miraculous things (seems like a good use of their time and taxpayer funds to me). See here and also Shanky's favorite UFO video of all time here (once again they have a great interest in capturing images of space dust moving in ways dust does not here on earth).
Showing posts with label liquidity. Show all posts
Showing posts with label liquidity. Show all posts
Tuesday, November 8, 2011
Thursday, September 15, 2011
STB Morning Post 09/15/11 SPX
Not much to say this morning without rehashing the obvious, Europe in in deep trouble, America is in deep trouble and the financial system supporting it all is in even worse trouble. AS STB began to point to a few months back around the first Debt Ceiling debate in July, I believe the financial masters of the universe are finally seeing the light and may actually be tired of throwing good (well what's left of good) money after bad just to save the banks.
STB speculated that until the US debt ceiling is raised significantly and the Fed enters QE land again the euro zone would be on its own. Well, they have proven that without stealth funding from sugar daddy Bernanke they are capable of .... nothing. They can't fix the issues alone. China or the Swiss pop in for a EUR stick save every now and then, but bottom line is the EU is screwed. No, this is not Germany's fault. the former Wiemar state is proving that at least one country on this planet may have actually learned from its mistakes in the past and is not willing to repeat them.
STB speculated that until the US debt ceiling is raised significantly and the Fed enters QE land again the euro zone would be on its own. Well, they have proven that without stealth funding from sugar daddy Bernanke they are capable of .... nothing. They can't fix the issues alone. China or the Swiss pop in for a EUR stick save every now and then, but bottom line is the EU is screwed. No, this is not Germany's fault. the former Wiemar state is proving that at least one country on this planet may have actually learned from its mistakes in the past and is not willing to repeat them.
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