Emini Trading Update – Wednesday 21 Sept 2011 (16:20)
Well what a day. The video is out late because I wanted to see the full carnage after FOMC. Not good, ladies and gentlemen. And as I’m writing this we’re at 1,136 on the Emini.
Videos of the day …
No doubt about it, MEP Godfrey Bloom is a maverick. What I found interesting was he says he’s scared at the lack of insight into the problem by the European politicians.
I’ve always assumed that the politicians (particularly in the US) understand the problem and are just trying not to spook the sheeple. But if they don’t really understand and have misdiagnosed the problem, well … that’s making sure the soup is hot at dinner as the Titanic is steaming towards a rogue iceberg.
I must admit listening to Trichet witter on about how well he’s kept inflation at bay while the European banking system is about to spontaneously combust … well, it’s like watching Alan Greenspan say “I found a flaw in my model”.
MEP Godfrey Bloom interviewed on RT
And now for some Ayn Rand love. I must admit I didn’t know there was an Ayn Rand Institute – but it sounds like the kind of place I’d like. Still hanging out to watch Atlas Shrugged the movie – the movie was panned, I know, but so was Rocky IV and what a classic that turned out to be.
Yaron Brook on Tech Ticker
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