detty Profile picture
2 May, 5 tweets, 2 min read
and then what happened 🌚 Image
ty everyone 😂 I am not saying it’s same as ‘08 . I’m very aware of subprime mortgage crisis, I’m saying it’s a different insane quantitative easing backed bubble that will make ‘08 look like an afternoon at Disney world. CMBS+QEIII+flooding of money markets+stalled velocity=⏰💣 ImageImage
The group of people buying homes do “have the money” this time but they have the money because the federal reserve electronically printed it in a very compressed span of time. And now vast tranches are sitting in accounts and it’s not moving. So more is printed. And prices go up.
And banks can now use much of what had been “off limits” before for sweeps, part of why money stocks have gone through the roof. So every night they can use all of this new cash to spin more money ad infinitum. Anyways this last happened in Zimbabwe and 1930s Germany.
But the argument is that since US dollar is the global reserve currency it’s different, & the USA can theoretically keep printing all the money it wants since it controls the global economy. But it’s in the expiration zone now and according to history that means war then new GRC

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More from @0ddette

3 May
It’s not election interference junior , it’s ~ promoting democracy~ ! Now when the ruskies do it- that’s subverting democracy ! ImageImage
What even is democracy asks the New York Times 😎 perhaps we should consider the modest proposal that democracy is when the CIA choice wins and despotism is when a commie wins . ImageImage
Highly recommend reading about postwar Italy if you’re feeling unmoored lately, both the “strategy of tension“ and CIA election interference will illuminate what is currently occurring in the USA, you will feel uneasy but also far more sane because you are not imagining things.
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30 Apr
Can we please make this into a tshirt Image
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24 Apr
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22 Apr
Listening to BBC world service on the death of the president of Chad who died on the frontline this week, anchor asked guest “but where are these rebels coming from? who is supplying these arms?” “many appear to have fought with General Hifter in Libya who also supplied weapons”
[name has various spellings in English print media Hifter/Haftar/Hiftar] New York Times bloodthirsty for “scalps” as usual, looks like the Obama program is back in play.
First the west trains you, then they use you, then when they’re done with you they kill you. From an Iraqi exile visiting the Cairo CIA office, to a young Saudi with bulldozers who built Khost tunnel complexes, and a bright & ambitious young Libyan officer being trained in the UK
Read 5 tweets
29 Mar
Marilyn Monroe was “discovered” by then Captain Reagan while working in a drone factory in WWII. “As Norma Dougherty, she began working at the Radioplane Munitions Factory in Van Nuys, California, while her husband served in the military overseas with the Merchant Marines.”
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