House of Paine

commanding from the crater

  as i close down this volume of the house

i wish the chinese state banks 
good ruck 

as you well know
 you're gonna need it comrades 

a financial chernobyl 
may await u all 
over the next horizon 

especially if you 
 use the tried and true 
           wall street recipes 



===========================================================
 


  

  the biz press has a coppery taste
 in its mouth

there's  blood in the water in hanland 
 


location prices are wildly amok 

 credit  stuffed 
   lunatics 
 are ordering everything
               on the menu

like the world goes on 
and on and on
straight out there for ever

no zero sums 
no hard landings 

only ever bigger fools 


its a klassic case
an n ring  credit circus 
 kapshow 

and its 
maybe bigger 
and  crazier 
then  anything
seen state side  
even during 
 the wildest wooliest days
  of Grant era wall street  
------------------------------------------------
suddenly
quantity has changed its qualities 

dark market credit  pools 

   all of a sudden are 
rising up like cobras

like 
huge cyclones 

rising up  everywhere
swurling thru all restrictions
all restraints

 "what was once 
informality
is now insolence "

  completely destroyed
 is  
any remaining
sense 
in which 
a "civilized"
 rational 
 central credit policy 
could be said to exist 
at the helm
  of market  china today 
------------------------------- 
 
and 
this  storming of heaven 
this great leap two

is fueled  
by  underground 
private credit

 a system of illicit  finance 
 
"that has  come
 out of the closet
like drag queens on 
the  last night of october"

and  growing bigger and bolder
faster and faster 
as the days pass
 
"like  down hill snowballs"

and why not

look at the incline :

try spreads 
like 18% per annum
on reloaned funds 
and
up to  23% 
on original 
outside  
unborrowed funds

imagine what folks figure they'lll be making
 to pay that much for the means

and this is month to omnth
not an inflation hedge
the huge and final price wave
 hasn't even hit yet 
-----------------------------------------
" this can't lead to anything nice "
--------------------------------------------
imagine 
hundreds  of thousands
shit millions 
 of these black ball capitals
        rolling down toward each other
and in the middle 
       the bank center

 everyone comin at each other
   off  a 20% incline 

no wonder wall street "observers" are saying

"they  got  no choice 
but to expose the core "

 yup 
thats wally world's Rx
      
" like samson bring
 the temple down on your heads"

---------------------------------------------
the bankers must feel like
saying

" fuck 
 what happened here
one minute we're at 
the  top of the mountain
then suddenly 
we're at the bottom of a funnel "

  jesus 
   right now out there
 coming  from all directions
out of the glory of a boom 
beyond historic  measure
is total 
horrifying 
market chaos 
and its 
   galloping at em 
              
indeed fanz 
the furies are loose 
---------------------------------------------
these wildly expanding credit pools
originally 
all black as the ace of spades

all spawned 
 beyond official reach 

are now nearly  unstoppable
short of bringing 
the whole economy 
into sharp fucking recession 

" better get it over with 
create a money contraction...
since you can't stop 
the credit expansion 
any other way 
you got no choice
but to leave em high and dry "

  hence 
the chernobyl figure

but iz  
a financial core exposure 
the only road home ?



   the idea is
 don't give em 
any more room 
force em 
 to roll  into each other

everyone knows 
what happens next 

unfortunately 
 they don't  just stop rolling 
and slowly   melt away

no  
in  very un-snowballish fashion 
they  explode 
  into useless fragments 

 and 
the figments once burst leave behind 
 real hang overs 

the train wreck of entitlements 
       rips itself free piece by piece

what a slaughter
what a waste 


==============================

my gut tells me 
as if posted here

this is a historic  opportunity 

a chance 
to take 
the real reproduction system 
to a new level

but all signs indicate 
this won't happen

the red bankers 
will hide behind 
the alibi of an "antique" banking system

what nasty  fig leafs 


these  states credit managers
should be shot

only their corruption 
leads to this 



what 
will not suffice 
publically to keep 
finacial matters in hand 

has already privately sufficed

get me ....

 
everyone knew 
the rampaging 
         land spec thing 
needed immediate smashing 
two-three  years ago



but then ...


if bureaucrats
can collect personal benefits  
by allowing a run away
               diversion 
                   of public bank funds into ....


far more can be had 
 by knowing enough
not to act at all 
then to act correctly 

 " hell fire
half of all state loans
are never repaid
never even thought of as repayable
the funds 
disaapear
into the dark markets 

become unofficial grants 
infusions into 
 the private pools 

fuck
the ignition won't come from the bankers
but 
when the ticket to ride explodes
 the bank 
 will make it chronic 
 by deciding  
"this can't go on again "

and apply

" we could have financial contraction 
for 7 quarters "

yes madame  the turkey rope
will by applied pulled at long and hard
if wally world gets its fondest wishes  

  and i bet they will

 i bet 
what ever    triggers it 
 the collapse 
will be made deep and real
 by the fuckheads
 entrusted to  avert it all .....


the red fucking central bankers

well 

ride that paper tiger 
boyz and girlz

and again

good ruck
you fucking 
manderin blood ticks 
hope you explode too 

==================================================