Friday, July 31, 2015

BeCos(play) It's Friday

 More not safe for your game below the break, and as always bonus nerd points if you recognize characters.

Wednesday, July 29, 2015

Sunday, July 26, 2015

Saturday, July 25, 2015

Friday, July 24, 2015

BeCos(play) It's Friday

 More not safe for sanity below the break and as always bonus nerd points for recognizing characters.

Wednesday, July 22, 2015

Beware: Sirens

 Now that finals are over I can go back to warning of summer maritime hazards, more not safe for sailors below the break.

Friday, July 17, 2015

BeCos(play) It's Friday

 More not safe for pavement below the break, and as always bonus nerd points for recognizing characters.

Thursday, July 16, 2015

Flex Time


 With summer finals looming posting might have to be a bit flexible. More not safe for ligaments below the break

Friday, July 10, 2015

BeCos(play) It's Friday

 More not safe for enemy ninja below the break, and as always bonus nerd points for recognizing characters.

Wednesday, July 8, 2015

Trade Balance

 Since the fix seems to be bought and paid for on the ultra double secret probation TPP I figured that one should examine the import market. More not safe for balance of trade below the break.

Greed vs. Fear

Any exchange market is a careful balance of Greed(wanting to make money) vs. Fear(trying to avoid losing money). Whatever caused this(probably not a malicious act) the market didn't need this between concerns about Greece and China.

Again although this is probably an honest computer glitch there are interests out there that wouldn't mind giving the current status-quo a good shove if they see it teetering on an edge.

Tuesday, July 7, 2015

China's Domestic Stock Problems

While some have talked about China and Russia bailing out Greece for a camel's nose in Europe's tent the simple truth is that Russia can't afford it with oil prices this low(more on this later) and China looks to be having some problems of their own.

Of course if you've been paying attention it might strike you that building cities that nobody lives in combined with sub-replacement birth rates hasn't been a sign of good things economically in the rest of the world so I'm not sure why anyone thinks this is any different in China. Now there are still differences as to where China is on it's demographics bubble compared to Europe, as well as the advantages/disadvantages that a still authoritarian government brings to situations like this.

Still if China goes into a depression that the powers that be can't keep quite it will make the PIIGS of Europe look like a leaky roof on a global economy house that happens to be on fire.

Tuesday Tap, Rack, and Bang


 More difficult to chose between below the break.

Monday, July 6, 2015

Heart of Debtness

From Zero Hedge
As we have repeated since January, and certainly on numerous occasions over the weekend, at this point the only variable is what the ECB will do: will it give insolvent Greek banks more aid, or will it increase its ELA collateral haircut (or even withdraw it altogether), the ramifications of which action would have a dire impact on contagion within the rest of the periphery but most certainly on both the Greek financial system as well as Greek society which is now facing an indefinitely period of capital controls.
From Financial Times
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/9963b74c-219c-11e5-aa5a-398b2169cf79.html#ixzz3f8CtavpJ
Greek banks are preparing contingency plans for a possible “bail-in” of depositors amid fears the country is heading for financial collapse, bankers and businesspeople with knowledge of the measures said on Friday.
The plans, which call for a “haircut” of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said.
So we all need to keep an eye out for domino cascades that are probably farther off than we fear but closer than we would hope.

Monday Made Me Laugh


Saturday, July 4, 2015

Bonus BeCos(play) It's the Fourth of July

 More imminently safe for America below the break. Not much need to guess characters.

Friday, July 3, 2015

BeCos(play) It's Friday

More from behind the scenes at this blog below the break, and as always bonus nerd points for recognizing characters.

Thursday, July 2, 2015

Grading on a Very Sad Curve

The thin and sad silver lining of the global debt balloon is that the US is still better off than the rest of the world. I'm not sure if the general staff of the counsel of economic warfare are a smart as they think they are but the scary possibility is that we're the one eyed man in the land of the economically blind.
via http://www.freemansperspective.com ht: zero hedge

Europe isn’t looking good. Japan isn’t looking good. The UK is holding, but as mentioned above, its numbers are horrible. Switzerland seems to be in-between strategies. China has problems. Russia has problems. The BRICS have never been stable.
That leaves the US. My impression is that most serious investors would rather hold dollars than yen or euros; most big businesses too. Their bets are on that the US will crash last.
So, are the Fed and the US Treasury doing this intentionally? Are they quietly pulling the pins out from under the others, making sure that they’ll be the last currency standing? I have no inside information, but I’d bet on it.
Now this may be giving the Fed and US Treasury way too much credit but the analysis of relative fiscal strength does have it's merits, if only on the whole only on the basis that being the last domino gives a little more time to brace for impact.

Wednesday, July 1, 2015