Type S&P 500 and choose the 6 month index. By running the cursor along the peak of the curve you can tell when the slope of the curve turned negative. That date looks like 19FEB2020. CNN expelled a huge smokescreen on China’s Communo-Virus close to then, but CNN is not of a truthful persuasion. The corporation actually PAYS airports to display its screed on waiting area screens, and nobody had more interest in asset-forfeiture looting than Nixon-law subsidized media looters. So who is next on the list of usual suspects? Whose name appeared on the Flash Crashes of 2008, 2010 and 2015?(link)
Yes, I am talking about the Financial Action Task Force currently tasked with looking into corruption in not-really-communist China. And guess what… see those twin troughs just to the left of February 19? The high point just before the fall-where the slope goes from increasing to decreasing–coincides reasonably with issuance of a Swiss report on how Swiss banks have agreed to FATF-approved Knife Your Customer and similar policies. The report was released, I’d wager, on or about February 17, 2020, judging from the stock prices graph. The FATF is very careful to avoid exact dates unless there are no nearby stock gyrations.(link)
FATF reports and such are reportedly released in Month, Year, and surrounded with a smokescreen of obfuscating acronyms. The MER on Switzerland was adopted in October 2016 and at the urging of AML/CFT advisors went through R.2 through R.21 with threshold gaps triggering due diligence requirement adjustments and execution of operations in cases of suspicion. Since the same Swiss whose papers debated U.S. newspapers about wholesaling heroin in February of 1929 are today deemed too naíve to write their own laws, the FATF hands elected representatives AMLAs to sign and pass, and scolding CDBs (a looter code of ethical robbery).(link)
FATF does admit that an OBA-FINMA became enforceable with guns on January 1, 2020, and for the ten-thousandth time dins its message that anyone who would rather not be robbed by tax collectors can only be so anti-social if actually practicing or at least abetting the financing of religious terrorists flying hijacked planes into tall buildings in New York.(link) Everywhere you look, logical disjunction is resorted to to deliver this point subliminally. Any declarative statement, even “two plus two makes four” is still true after some dishonest skunk tacks on a disjunction. Two plus two makes four or five is therefore as logically true a statement as it was before tacking on the cognitive mutilation and repeating it a million times–sad, but true.(link)
See their pro-coercion brainwashing movie: Not a Victimless Crime
So a preference for keeping your own money means–in FATFspeak–you are morally the same as 1912 balkan Mohammedans or Christians kidnapping, raping and murdering each other, and selling the survivors to the highest bidder.(link) By their lights, this makes you OAD FCT according to the GBCF.(link)
You can see how this goo, like the language in the Anti-Drug Abuse Act of 1987-is contrivedly hard to follow or, once grasped, to explain to the innocent. Then again, if your pet policy is guaranteed to wreck the economy that pursues it, clarity is the enemy.
Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.