so many wrist clocks
so much tyme
VAER made in USA ...VERO " previously fabricated all parts USA now a reputable SWISS BIZ "
transposition... complication ... once I built a RR made it run on tyme buddy can you spare a dime
USA watch builders generously described as boutique at best
SWISS and ASIA strong men of wrist clocks
- let's see we got GREED FLATION so CHAIRMAN POWELL must restore MORAL HAZARD that means raise interest rate until things and people break... we got 1 ! BANK RUN on CRYPTO BROS...wits know no bank can withstand a run even the house that MORGAN BUILT
BANKS keep 1 dollar as " RESERVES " other 9 are lent out on INTEREST...HERE COME'S THE RUB NO NOT RUB & TUG MIT HAPPY ENDING
BANK RESERVES ARE HELD IN TREASURY SECURITIES IN LADDERRED MATURITIES...BECAUSE RATES WENT FROM ZERO TO 4% IN A HEART BEAT THEM RESERVES ARE WORTH 15% LESS
SO BANKS THAT GET CASH CALLS TO RAISE COLLATERAL take it in the hind
can bank runs spread ? yes & yes
did FED to appease weak americans lack spines to withstand recession and depression hardship ...luv them giant soy mocha latte with a squirt of agave extra foam on top brioche lightly toasted macha got butter a schmear TO GO RECYCLED PAPER
RESORT TO MONEY PRINTING QE MMT borrow money it's free ?
WEIMAR them germans were very smart...treaty of VERASILLES WAS HUMILIATING...OTHER EURO COUNTRIES GAVE IT UP THE HEINNY
REPARATIONS were so onerous ...they could never be paid...GERMANY an extremely educated advanced society were so clever they tried to INFLATE THEIR WAY OUT OF THE TREATY OF VERSAILLES by making DEUTSCH MARK WORTHLESS...1 WHEE
L BARROW DEUTCHMARKS = 1 LOAF OF BREAD...THE GERMAN citizenry was brilliant as they had to calculate currency exchange all day long to buy bread and all necessities...THE WHEELS CAME OFF THE CART on that hyper inflation
AS IT HAS FOR EVERY SOCIETY THAT HAS RESORTED TO MONEY PRINTING FROM ANCIENT CHINA TO ROMAN EMPIRE...gold & silver used to back currency ... it used to be a crime to debase the currency called COIN CLIPPING
BUT NOW WE HAVE a " FAITH BACKED CURRENCY " since BRETTON WOODS removed the gold...works great until
THE TIDE ROLLS OUT YOU GET TO SEE WHO IS SWIMMING NAKED and has a diminutive wee wee ...stuff breaks... BANK RUNS HAPPEN ...CONTAGION SPREADS
the voices ? telling me to prepare a gift box of 6 of my finest new aquires and give to my son-in-law NIB or " only tried on in the house " smoke free home watches were rubbed on the crown and whispered to on velvet cushions in climate controlled safe environment
fuk them voices...a little late on TREASURIES so I think it's tyme to watch ...ScottyB luvs to " WATCH "
now why do I feel in my watch bone VERO
@usclassic will soon be syndicated FLIPPER re-run ? NOT TOO LONG AGO the FLA KEYS ARCHIPELAGO had all it's coral choked to death by filth from MIAMI SEWERS ...CORAL A LIVING THING IS BLEACHED NOW SILTED OVER ... PREVIOUSLY UN THINKABLE GREAT BARRIER REEF and all coral reefs in the world are dying ...gonna make MEL GIBSON ROAD WARRIOR
@roadwarrior look like a pretty nice place to move to ...they were alive and could still breath and copulate to make little mutants.
pretty sure when DONOVAN it's SIR DONOVAN NOW ...sang " way down below the ocean " he was talking ATLANTIS ... there are many ATLANTIS' ( buried ancient cities ) as the TECTONIC PLATES SHIFT, VOLCANOS, TYPHOON , EARTH QUAKES happen ...GET READY TO RUMBLE
MIAMI has a gravity based canal system works great ! until sea water rises higher than land... I understand sea water lays in residential streets in many coastal areas of SO FLORIDA
it's not your GRAN PAPPY'S PLANET EARTH NO MORE ...rocket ship to the moon ? well billionaires buying tickets 1st class and loading up on adult diapers paying to CRYOGENICALLY FREEZE THEM SELVES
fear the reaper ?
nah make each day your best and do GOOD KHARMA with no expectation of GAIN OR REWARD ScottyB signs off gets ready to take a nor'easter
and those are my foolish wrist clock musings de jeure
@repOman