In Came The Soft Landing US “’24 Leap Of Faith” At Jackson Hole
“If you remember the ’90s, you weren’t there.” (Al Jourgensen)
Summary:
· “Friends-and-Family Shoring” is “Inadvertent”.
· “Blue Horseshoe” won’t be coming home, and has, therefore, “left absolutely nothing out there” for the next government of the Ungoverned Kingdom (UK).
· “Blue Horseshoe” loves Tata.
· “Blue Horseshoe’s” love for Tata may include a pocketful of pretty green UK Taxpayer subsidies for its “Friends-and-Family Shore” EV business.
· “Friends-and-Family Shore” recipients have, ostensibly, replaced the EU, since Brexit, as significant recipients of wealth transfers from the UK Taxpayer.
· Mr. Market discovers the Banana Republic of New Zealand scenario.
· US Fiscal Dominance is now framed as the Soft-Landing LZ rather than the “layering” of Fed balance sheet lossmaking “out of thin air assets” with US Treasuries.
· Pre-Jackson Hole, Mr. Market discovered the Pantechnocracy extending from “Speaker Pelosi’s Bottom”.
· During Jackson Hole, Goldman price-discovered the Pantechnocracy thesis behind the Greatest Rotation, in history, climbing the Greatest Wall of Worry, in history, extending from “Speaker Pelosi’s Bottom”.
· Mr. Market’s price discovery of the Pantechnocracy coincided with his price discovery that there is no “+” in OPEC+.
· Mr. Market’s coincident price discoveries are a “’24 Leap of Faith” to the US soft economic landing.
· By framing, the “Trump-Free” rules of engagement, the Democrats’ “’24 Leap of Faith” has seized the initiative and chosen Nikki Haley to be on the Republican Ticket in either position.
Extracts
· “Friends-and-Family Shoring” may not be coming home to God’s Own Countrystan at the next Ungoverned Kingdom (UK) general election.
· “Greasy Little Fingers” will not be returned to the “Greasy Pole” at the next “Greasy Election Poll” in the Ungoverned Kingdom (UK).
(Source: the Author)
· “Blue Horseshoe”, evidentially, has weakened the UK fiscal position, and energy security, in an act that sabotages the next government.
(Source: the Author)
· “Friends-and-Family Shoring” is the Ungoverned Kingdom’s (UK) Polycrisis strategy.
· Blue Horseshoe loves INFY, but he’s really got the hots for BP.
· Behind the next great fortune, in the Ungoverned Kingdom (UK), lie the lies about Energy Security.
· The Carbon Footprints in the Ungoverned Kingdom (UK) follow the VIP Lane, by way of a private jet, away from the Green Transition, to great fortune behind which lies the familiar/familial nepotism.
· Conflicted commercial and pecuniary extended family interest has been obscured behind a plausibly deniable cloud of Energy Security.
(Source: the Author)
· The post-Ardern regime change in New Zealand sets the new global precedent for Inflationary Fiscal Dominance.
· Inflationary Fiscal Dominance recapitalizes the insolvent RBNZ with the inflationary proceeds of tax receipts from the central bank’s original QE process.
· There is no such thing as real economic growth in the Banana Republic of New Zealand.
· The RBNZ’s policy mandate is meaningless.
(Source: the Author)
· The US Treasury’s “unanticipated” extra borrowing provides the real taxpayer-backed collateral to exchange with the QT loss-covering (“out of thin air”) assets on the Fed’s balance sheet that is consistent with the “Holistic” Fiscal Domination ex-post Sintra strategy of the US.
· Fitch correctly criticizes the process of “Holistic” Fiscal Domination but, incorrectly, fails to call out the Fed’s dubious laundering/layering process of exchanging real taxpayer-backed collateral with the QT loss-covering (“out of thin air”) assets on the Fed’s balance sheet.
· Fitch should in fact, downgrade the Fed and its performance to sub-investment grade status, and leave the US Federal Government credit rating at AAA.
(Source: the Author)
· Wall St. worries about the cyclical sell-off in the Technology Sector rather than the existential threat to its franchise from technology.
· US Technology Inc. has allied with the “Masters of the Economic Universe” to evolve the system of governance into a Pantechnocracy that replaces the Founding Fathers’ Constitutional Plantocracy/Panocracy.
· The Pantechnocracy is self-financing and self-governing.
· The US Pantechnocracy ensures a continuity of governance that is immune from the partisan vicissitudes of US politics.
· US Pantechnocracy is better adapted to the Polycrisis environmental fundamentals than its democratic predecessor.
(Source: the Author)
· Mr. Market remains ignorant of the “Speaker Pelosi’s Bottom” extension pattern.
· Mr. Market’s failure to learn from the mistake, that he made in “Speaker Pelosi’s Bottom”, means that he is doomed to make the same mistake by betting against the “Pantechnocracy” in the “’24 Leap of Faith”.
(Source: the Author)
· Saudi Arabia confirms that there is no “+” in OPEC+.
(Source: the Author)
· POTUS’s greatest “’24 Leap of Faith”, in the Iranian Prisoner Swap, confirms that there is no “+” in OPEC+ but a huge disinflationary plus to his economic re-election strategy.
(Source: the Author)
· The manifested demise of President Putin is synchronized with the manifesting demise of President Trump in the choreographed manifest destiny of President Biden in 2024.
(Source: the Author)
