When Margin Calls, The Great Unwind Up Enters “The Third Mandate Zone”
“The Fed’s job is very straightforward: maximize employment, stabilize prices and maintain financial stability. That’s what we’re going to do.” (Austan D. Goolsbee)
Summary:
· Mr. Market has herded his Sheep into the Fed’s “Third Mandate Zone”, wherein lurks Modern Monetary Monopsony Theory (MMMT).
· Chicago Fed president, and grand master nudge theorist, Austan Goolsbee has recently confirmed that the Fed is in its “Third Mandate Zone”, wherein financial stability risk is the elevated priority.
· “Grim Labour’s” misaligned prioritization of re-election, over the Ungovernable Kingdom’s (UK’s) economic growth problems, has been eponymously termed “Starmergeddon”.
· The “Ungovernable Kingdom” (UK) is becoming the, anticipated, “failed state of scale, larger than Ukraine”, aka the “Hard Place”, required for the next global phase of fiscal and monetary policy expansion”.
· The “Starmergeddon” headwind is a tailwind for Tony Blair’s “Britain Project”.
· The “Starmergeddon” headwind is a tailwind for Tony Blair’s, and Jamie Dimon’s “Global Blair Inc. Witch Project”.
· The “Britain Project” will take back the streets, of the UK, by India taking back the Asian streets from China.
· “Starmergeddon” and “Biden’s Last Dance” are the opportunity for the “Masters of the Asset Class Universe LLP” to finance, and execute, the bicameral reset of the “Special Relationship”.
· The new Special Relationship appears to be located “between a BlackRock and a Hard Place”.
· The Managing Partners of the bicameral reset of the “Special Relationship” are asymmetrically hedged for Harris or Trump.
· The Managing Partners of the bicameral reset, of the “Special Relationship”, are also hedged for “Starmergeddon” with Blair’s “Britain Project”.
· Kamala has politely dropped her “Last Dance” partner, for “Tim’s Walz”, to the tune of the Independent Voter Band.
· Warren Buffett has named that “Independent Tune” with the clarity of the composer.
Extracts
· The UK will become an austere economy with an ungovernable polity.
(Source: the Author, April 9th 2022)
· “Grim Labour” has prioritized re-election over the Ungovernable Kingdom’s (UK’s) economic growth problems.
· “Grim Labour” will sustain its current finances, and pre-next-election fiscal stimulus, with a policy of Fiscal Euthanasia (FE).
· The “Ungovernable Kingdom” (UK) will become more so, because “Grim Labour” calculates that it is cheaper to pretend to catch criminals than physically incarcerate them.
· “Grim Labour’s” fiat “Orwellian” smart governance system, and de jure “Automatic Release” is de facto Burgess’s Clockwork Orange in practice.
· Freakonomically speaking, economic austerity, means no growth; plus, increased numbers of “automatically” released prisoners, equals more crime.
(Source: the Author, August 4th 2024)
· The rekindling of the symbiotic Special Relationship is pending the tall New World Order of the permanent sacking/resignation of the Butler, the conviction of the Oxford Apostles, the UK re-joining the EU, the closure of the VIP Lane, and India leaving the BRICs.
· The rekindling of the symbiotic Special Relationship is also pending the syncretic bicameral Anglo-Saxon political cleansing simultaneously occurring on either side of the Atlantic.
(Source: the Author, July 23rd 2022)
· The Biden re-election campaign and global agenda, for 2023, are funded and loaded.
· The funded/loaded Biden re-election campaign will provide the assets for “the greatest Federal case of money laundering (and wire fraud), in US history, to occur, in 2023, on the Fed’s balance sheet (not on FTX’s)” aka the Fed’s myth of Insufficient Bank Reserves.
· President Putin’s stiffened resistance may not be correspondingly hardened by his military-industrial complex.
· The funded/loaded Biden re-election campaign will also provide the assets, and a Global Mandate, for the agency of the Masters of the Asset Class Universe
· US Foreign Policymaking and Monetary Policymaking are now being subcontracted to the agency of the Masters of the Asset Class Universe.
· A Failed State, of scale larger than Ukraine, is required for the next global phase of fiscal and monetary policy expansion.
· A Failed State, of scale larger than Ukraine, is also required as a Global Mandate for the P&L of the Masters of the Asset Class Universe to make up for the 2022 low-water mark.
· The resistance to the Global Blair Witch Project has recently become a Tony Blair Witch Hunt.
(Source: the Author, December 30th 2022)
· Since the Independents have abandoned Biden, on the economy, it is now Trump’s election to lose and/or have stolen.
(Source: the Author, May 4th 2024)
· The “Leader of the Free World” is lagging globally, and domestically, behind its democratic peers and followers, respectively.
· The “Leader of the Free World” is lagging, globally, in the “biggest global election year in history”.
· The anticipated “Unified Reich” will exacerbate the “Leader of the Free World’s” lag.
· A perceived lagging Free World Leader is in a position to have his/her leadership “stolen” and/or lost.
· A successful “stolen”/and or lost US leadership strategy depends upon framing/perception of the Presidential Debates for/by the Independents.
· Independence Day 2024, will be remembered as Independents’ Day 2024 in posterity.
(Source: the Author, May 25th 2024)
· The halo of the “Crony Capitalist” perception of Bidenomics has been extended, by default, to the “Palace Coup Plotters”, responsible for his demise, and to whoever succeeds him.
· The US Presidential election face-off, of “July Coup” plotters versus “Jan 6th” foot soldiers, is, an unedifying economic prospect, framed by Mr. Market, for critical Independent voters.
(Source: the Author, July 26th 2024)
