Considering the Polish army has been fighting a war for two days at that point, and Czechoslovakia had been split up, it’s not entirely accurate.

No but I ride a kangaroo to work and they can jump over walls

Here’s the thing. In some ways the objective truth doesn’t matter.

The appearance to the world is that the American President is a weak fool.  That damages American interests and it damages Western interests by extension. 

Hi Ibian

Can you describe for me the characteristics of your ideal society.  

In your ideal society, do children starve to death?

It’s one factor but needs to be viewed in a broader context, including threat scenarios.  

The bit the alt-right completely misses is when the walls go up, most of them are so poorly educated and poor that most of them will be on the wrong side of the wall, and the wrong end of the sentry guns. By working to destroy social protections, the rootless, low educated, white males who are Steve Bannons troops are only digging themselves a hole.  

I intend to be inside the walls.  But I would rather that there were no walls at all and we all managed to get along peacefully.  

If the walls do go up, it is because we have made bad choices as a society and focused on ourselves to the exclusion of all others, enough to make those others desperate and dangerous.

It depends.   North Korean peasants are no threat to me.  A nuclear armed North Korea is more of a threat, but realistically they are so tightly controlled by China that unlikely to do anything.

Sanctions on Cuba?  Cuba isn’t a threat to anyone other than Miami fatcats. Sanctions on Cuba probably aren’t justified.

But you will gladly pay $800,000 per round for a Zumwalt frigate?   

https://www.popularmechanics.com/military/navy-ships/a23738/uss-zumwalt-ammo-too-expensive/

Sanctions, like interest rates, are a crude weapon.  Sanctions don’t help North Korean peasants. Unfortunately, North Korean peasants are probably fucked until we can bring about a regime change.  Which probably requires a regime change in China first. So yeah, they are fucked.

You aren’t poor.  At least, you aren’t dirt poor.  You enjoy the freedoms afforded anyone who is affluent in a Western country.  You are probably a white middle class male with a commensurate income.  

A lot of us lefties look at the poor in America and think that the divide is too great. They fear that what happens in America will eventually happen to their country too.  We also have our alt-right and our NeoNazis.

But here our poor have free high quality healthcare and there is a modest social safety net.  No one dies in the gutter. We don’t want to live in a society where people are desperate, because people with nothing to lose are extremely dangerous and violent.  We want a nice peaceful society where everyone has equal opportunity.   Part of that is not fucking over your poor.  If you fuck over your poor you end up with South Africa or Detroit.  Yes you can have gated communities but I don’t want to live like that.  I can walk down the worst street in my large city at 2am and not worry. I like that.  

A big part of the reason is because we take care of our poor, more or less.  Too many libertarians are like Marie Aintonette “let them eat cake”.  We all know how that worked out.

If we see $7650 today or $7700 tomorrow I would expect another vertical candle into $8k.

If we sit here for two days then we go straight back down again, vertically.

We are testing resistance at $7580.  Bullish if we break it, bearish if we test and cannot break through.

But but but mah immutability !

WTF

There is a Romanov Empire.  In Africa.  Whose native currency is Bitcoin. 

WTF

https://en.m.wikipedia.org/wiki/Romanov_Empire_(state_with_limited_recognition)

The rally is being driven by an EMA crossing on the daily.  I can't really see what will drive it from here.  

The last time we crossed was in April when we went from $7.8k then ran out of steam at $9.9k.

On that basis we might make it as high as ~$8.5k on this rally. 

Yeah I'm trying not to think at daily or weekly scales.  I'm trying to focus on monthly or annual cycles.  On that basis I'm calling for a true bottom in early 2019.

Posted less than 24 hours ago:


Chart now.  Its a sucker's rally, unless an ETF is approved which is highly unlikely.

Seriously dude that article is just a mess of moral equivalency and “but her emails”.  It is poorly written and structured.