In Part III of this series on Financial Repression, Gordon T Long and Ty Andros discuss recent developments in Asia and the US as they accelerate the advancement of Global implementation of Macro-Prudential Policy of Financial Repression.
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
Macro Analytics - 04-12-12 - Financial Repression
1. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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2. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Ty Andros
Tedbits.com
Traderview.com
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3. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Gordon T Long
GordonTLong.com
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4. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Gordon T Long Ty Andros
GordonTLong.com Tedbits.com
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5. THESIS 2012: FINANCIAL REPRESSION
GordonTLong.com
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6. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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7. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
THESIS 2012: FINANCIAL REPRESSION
GordonTLong.com
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8. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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9. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
This also explains why while HSBC, being a member
of the banking cartel would love nothing more than
more easing from PBOC, China is far more cautious
about further easing, especially if the Fed does go
ahead with more QE anyway, the bulk of which
China would import as excess inflation anyway.
For vivid proof of this observe chart two: the last
time we had a record spread between HSBC and
China PMI, Chinese CPI soared from -2% to over 6%.
China is now at 3%, just as the index spread is the
second highest ever.
If we are to assume that Chinese easing will follow
the March 2009 episode, and thus assume a trough
Chinese inflation of 3.2%, one can see that the 12%
implied inflation at the end of the current easing
episode is why the PBOC will be far, far more
reluctant to engage in the same easing policies as
the Markit group of banks would wish for it to.
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10. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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11. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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12. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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13. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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14. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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15. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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16. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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17. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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18. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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19. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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20. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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21. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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22. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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23. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
G-7 Aggregate Debt Principal and Interest (USD equiv.)
2012 – 2022 - UK, US, Italy, Germany, Canada, Japan & France
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24. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
G-7 Aggregate Debt Principal and Interest (USD equiv.) 2012 (by month) UK, US & Japan
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25. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
United States and ASIA
Jaws of DEATH for the World RESERVE currency!
Does not include Social Security and Unemployment extensions equal to 1 % of GDP and BORROWING (stolen) from
the Social Security, Medicare and Highway trust funds. Add them back in and the deficits are in the LOW TEENS.
COMPUNDING ANNUALLY!
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26. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
The UNITED STATES hasn’t created ANY new wealth or RUN a SURPLUS in over 3 YEARS and is
HEMMORAGING CASH. Keep in Mind the spending from the BORROWING is called GDP!
Can you say BLACK SWAN for the World Reserve currency? How about Waterloo?
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27. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
GDP is ROUGHLY $15 Trillion Dollars: Total Liabilities using GAAP are 15 Trillion Revenues
plus UNFUNDED Liabilities of $75 Trillion dollars EQUALING $90 Trillion dollars of liabilities
REVENUES are $2.1 TRILLION DOLLARS, and its economy is NOT GROWING in REAL or NOMINAL TERMS if PROPERLY
MEASURED!
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28. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
The FEDERAL RESERVE is MONETIZING (printing out of THIN AIR) 58% of ALL US
government DEBT!
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29. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
The UNITED STATES hasn’t created ANY new wealth or RUN a SURPLUS in over 3 YEARS and is
HEMMORAGING CASH. Keep in Mind the spending from the BORROWING is called GDP!
Can you say BLACK SWAN for the World Reserve currency? How about Waterloo?
Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics
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30. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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31. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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32. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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33. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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34. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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35. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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36. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Japans TOTAL Debt All SECTORS and Government Maturity Wall
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37. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Asian Government debt is NOT yet a problem with the exception of Japan and Singapore!
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38. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
This is the FACE of FRESH cash for TRASH. As Central banks WORLDWIDE BUY worthless security’s and give bankrupt
Sovereigns and financial firms MONEY PRINTED out of THIN AIR. Transferring wealth from SAVERS and BONDHOLDERS
to Governments, well connected elites and BANKSTERS.
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39. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
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40. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
ADVANCING GLOBAL FINANCIAL REPRESSION
USA EU JAPAN CHINA ASIA
TELLTALES
Dramatic Money Supply Expansion YES YES YES YES YES
Negative Real Interest Rates YES YES YES YES YES
Changing Function of Money YES YES YES NO NO
Negative Real Economic Growth YES YES YES NO NO
Debt Transfer - Private to Public YES YES YES NO NO
Increased Centralized Planning YES YES
PRIMARY TOOLS
Fear - The Flight to Safety
- Scare of a Financial Crisis YES YES
- Potential Financial Contagion YES YES
- Threat of Instability & Chaos YES YES
Force - The Use of Law
- Regulatory & Legislative Responses YES YES
- Restrictions on Personal Liberties YES YES
Framework - A Methodology
- ZIRP & Quantitative Easing YES YES
- Inflation Reporting Distortions YES
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41. THESIS 2012: FINANCIAL REPRESSION
GordonTLong.com
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42. Macro Analytics
April 12th, 2012
FINANCIAL REPRESSION in the US & ASIA
Ty Andros
Tedbits.com
Traderview.com
Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics
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