"They were buying the Coronavirus with both hands when they got monkey hammered by Bernie Sanders. No one saw it coming..."
A win by either Bernie Sanders or Elizabeth Warren is bad news for Wall Street. Regardless of who wins the Iowa Caucus, markets are going to impeach Trump in short order, bringing about a margin call in gamblers' love affair with rampant criminality. One they can't afford to meet.
Prepare for a new kind of Shock Doctrine. The kind that permanently stains underwear.
A win by either Bernie Sanders or Elizabeth Warren is bad news for Wall Street. Regardless of who wins the Iowa Caucus, markets are going to impeach Trump in short order, bringing about a margin call in gamblers' love affair with rampant criminality. One they can't afford to meet.
Prepare for a new kind of Shock Doctrine. The kind that permanently stains underwear.
As the title suggests, "Shock Doctrine" is a policy used to exploit cataclysmic events, for fun and profit. Klein describes U.S. foreign economic policy mostly towards Latin America, however my view is that these same hyper-fascist principles have now been employed systematically against the U.S. populace over the past twenty years since 9/11. What do I mean by shock doctrine principles? I mean mass layoffs, outsourcing, automation, and cheap capital to backfill demand. Essentially swapping out the middle class for a mega debt bubble. Here we see via the labor share of capital the carving out of the middle class:
What I am suggesting will happen on the other side of this cataclysmic crash will be shock doctrine in reverse. Instead of a pivot towards even greater corruption, this time there will be a wholesale revolt.
Not to say I agree with Bernie on all of his policies. Although I certainly agree on his values. Nor would he even be able to pass many of his ideas, since the President alone is highly limited on their ability to pass economic policies without lockstep approval of the House and Senate. Nevertheless, the ideological paradigm shift is set to massively accelerate.
As I write, it appears that Sanders could win the Iowa Caucus, which would give him momentum for New Hampshire where he would be heavily favored.
"Sanders’ events, at least the two big ones this week with musicians, are large and electric, that Biden’s are small and sleepy, and that Warren and Buttigieg’s fall somewhere in between."
Sander's supporters are as loyal as Trump's but a lot younger. We are now about to see a showdown between labor and capital that has been long overdue. And the true elites are starting to shit bricks over the thought of it. Because their Manchurian Man of the People is no longer keeping all of the masses conned.
"Investors famously hate uncertainty. And it's hard to imagine something that would cause more uncertainty to the capitalist system than electing a self-proclaimed democratic socialist who is calling for a political revolution. Sanders wants to ban oil and gas fracking, break up big banks and institute a wealth tax"
They forgot to mention healthcare, which would be one of the most impacted profit sectors.
Pundits are looking at this race altogether wrong. Sanders and Biden are consistently the two leading candidates with Warren and Buttigieg now a distant third and fourth. Combining Warren and Sanders' odds give the TRUE probability for a paradigm shift. Because Biden has to beat BOTH to maintain status quo.
According to the lastest Iowa poll:
Pundits are looking at this race altogether wrong. Sanders and Biden are consistently the two leading candidates with Warren and Buttigieg now a distant third and fourth. Combining Warren and Sanders' odds give the TRUE probability for a paradigm shift. Because Biden has to beat BOTH to maintain status quo.
According to the lastest Iowa poll:
Needless to say, hurricane Bernie is not "priced in" to the casino. Neither is Elizabeth Warren. Quite the opposite, because when Elizabeth Warren fell back in the polls last Fall, pharma and healthcare stocks went parabolic.
Now however they are rolling over on the right shoulder crack high:
Banks were already weak before Bernie surged in the polls.
And Energy stocks need no assistance going bidless, because despite a handful of lingering denialist nutjobs, the majority of responsible human beings realize, it's game over man.
Global capital is rotating AWAY from big oil in record size:
“I’m done with fossil fuels ... they’re just done. We’re starting to see divestment all over the world,” Cramer said. “You’re seeing divestiture by a lot of different funds. It’s going to be a parade. It’s going to be a parade that says, ‘Look, these are tobacco and we’re not going to own them.’”
Exxon is at decade lows and bidless:
And who is benefiting from this massive rotation out of oil?
Tesla just traded the equivalent dollar volume of ALL of the trillion dollar tech companies combined. Yes, you read my prior post and this right.
Tesla by itself - up 20% today - is a bubble of the same magnitude as big cap Tech:
This is one type of paradigm shift, however the fact that Tesla is now driving the Nasdaq, portends a much larger paradigm shift about to take place.
Tesla just traded the equivalent dollar volume of ALL of the trillion dollar tech companies combined. Yes, you read my prior post and this right.
Tesla by itself - up 20% today - is a bubble of the same magnitude as big cap Tech:
This is one type of paradigm shift, however the fact that Tesla is now driving the Nasdaq, portends a much larger paradigm shift about to take place.
In summary, denialists are in for a paradigm shift
