Haha, a melt-up ? They look at tea leaves, charts and they " understand " what's coming... Collateral in Money Markets has been deteriorating really bad, amount of negative yielding Treasuries in the world are at 11.8 Trillion US, that's a shit load of useless " collateral "... All those BBB Bonds being used as collateral right now, what happens when they get junked ? Or Junk Bonds being refused now as collateral for Eurodollar funding ?
Without collateral there is no trust, and without trust there is no credit, and without credit there is no leverage... Eurodollar Money Markets operates outside of the US jurisdiction and has no oversight, nobody has any idea of who owes what, just massive amounts of money created and lent through fractional banking based on " Collateral "... When that collateral turns to shit, and lending stops, Institutions have to sell assets to meet funding requirements, and with information spread in this day and age, it won't take more then a day for the world to know when it goes bust, then panics ensues due to masssive amount of Derivatives and Lehman follows
This is the type of collapse that might actually kill Capitalism, it will be one gigantic fucking blow up... They will print so much money, I doubt any deflation will happen in this depression except for Housing and Oil ( short period ). You think the Dems are fucked now ? They are winning 2020, it's impossible Trump wins. The size of the bailout itself will cost him 2020, and Dems will be filled with a very angry voting base, take from the rich mob mentality... This collapse has a lot more at stake then just the Economy, clearly Central Bankers are aware of this, fear has gripped them. Unfortunately ppt and CB's across the world can buy as much Indexes as they want pumping stocks making everything seem great to the sheep, but when Money Market blows up, given the size right now it's all over. Deutsche Bank has market cap of 14 Billion and 1.6 Trillion in Assets... That's just one clown among many that are leveraged to the tits
