By SD Contributor AGXIIK:
I call this THE BIG TELL
If you play Texas Hold’em, you know what big stack, small stack, tells, reading the cards and going ‘all in’ means.
We, the people, are in the BIG GAME. This is the one where you get to play for the entire stack, or nothing, depending on your skills. It’s a winner-takes-all game.
The evil Troika banks, their ghouls, Bernanke, LeGard, Draghi and Merkel the Merciless are dead set on making an example of Cyprus. This is not about the debts owed or the bankrupt banks. It’s about control, controlling the table, going ‘all in’ with a policy of scorched earth and making an example of Cyprus so the PIIGS get the message that they are next. This ‘all in’ message was a warning shot across the bows of the middle stacked plays like Spain and Italy. You are next! We plan to take your stack, your deposits, your pensions, even your livelihoods and lives, and send you to the rail. Get ready.
There are millions of players at the table. The big stacks belong to the ECB, IMF, US Fed and some extremely wealthy people and countries. The small stackers are us, the little guys and gals who found themselves sitting at a table that was once reserved for a polite game of Monopoly or Yahtzee. A penny a point, a quarter a game; small stakes in our lives and nothing that would make or break us.
Suddenly we find ourselves pulled into something so large that even the big stackers are having trouble managing, unable to calculate the odds and even ending up with rotten cards that could destroy a stack, and a player, that took years to build. If you’ve watch the World Series of Poker you’ll see the best players lose to amateurs. That’s one of the enjoyable aspects of the game. The least likely player can pull a Moneymaker playing style and get a huge payday. But watching is NOT NOT NOT the same as playing in the big game. Yet here we are, whether willingly or dragged kicking and screaming to the game, we are being dealt the cards and expected to play with the big boys. But in this game the dealers are crooks and the cards are marked. While the cards are against the smalls we can still win.
Most of us see clearly that this FIAT game always ends badly. We have great historical reference points. All unbacked currencies fail every time. Like FIAT, card games have winners and losers. The best you can hope for is that you break even or, if you lose a bit, it was fun and entertaining, or so goes that ad for Harrah’s But losing is still losing and the odds that you will lose big increase the longer you play.
You know the toke and rake will absorb a goodly part of your stack so you can’t just sit and wait. That alone will drain your bank account or bank roll. If you gamble big and win, the odds will always work against you in time. Even the best players have losing streaks that bankrupt them. It’s like watching high performance skiers on Warren Miller’s ‘best of’ drop of cliffs. Looks easy? Sure. But no one talks about the months of rehab after accidents
So here we are, at the edge of a cliff watching the people of Cyprus slipping over the edge. They went all in. Their bosses, the Russians, as not happy about this. They are like Teddy KGB, the high stakes gambler on the movie, The Rounders. He ate people who lost. The Cypriots are squeezed between Teddy and his version of high stakes poker and the vig from Granma, the shylock who owned Matt Damon for the $15,000 contract he owed. Not a good place to be, all things considered.
The evil Troika banks, their ghouls, Bernanke, LeGard, Draghi and Merkel the Merciless are dead set on making an example of Cyprus. This is not about the debts owed or the bankrupt banks. It’s about control, controlling the table, going ‘all in’ with a policy of scorched earth and making an example of Cyprus so the PIIGS get the message that they are next.
This ‘all in’ message was a warning shot across the bows of the middle stacked plays like Spain and Italy. You are next! We plan to take your stack, your deposits, your pensions, even your livelihoods and lives, and send you to the rail. Get ready. And the politicians and legislatures of Spain and Italy willingly complied by writing laws last week that included provisions for the infamous ‘deposit tax’ in those rules. Spain tried to hide this tax by making it 0%. Just add a 1 to the front and it’s a 10% haircut. Sir Marks Alot is at the ready. Spain’s banks are on lock down so confiscations are easily accomplished. Italy is finalizing their deposit tax as well. Message received Mein Fuhrer. We hear and obey. These two countries are trying to front run the consequences of the IMFs actions by acquiescing to the troika, setting their citizens up for a loss. Obeisance to supra corporate fascists banksters is a losing game. The bank runs there will be epic.
What galls me is that these ghouls DO NOT THINK FOR A MOMENT about the social and societal costs of their actions. They take down a player and then dance around the table like Phil Hellmuth or Mike Matasow when they ‘felt’ a small player. Bad manners is all I can say.
The big stack players are finding out that they are also subject to the laws of nature and the odds of the game. In their glee of winning a few hands they start acting like amateurs. They are now exposing their strategy with the Big Tell.
There is no way to win against them if you stay at the table. Win or lose, the Big 3 will take us down. If they don’t do it by their play they will do it by changing the rules or simply by through the barrel of a gun. Yes, Mao, Stalin, Pol Pot and Hitler were bloodthirsty ruthless megalomaniacial murdering despots. They and their minions caused the deaths of hundreds of millions of people. So what separates the ruthless tyrants of the uber banks? How do they kill us? They do that by debt and despoliation of our lives, demanding we em-beggar ourselves at the feet of these tyrants as they demand Austerity.
To my ears Austerity is code for “DIE” and be quick about it. We, the banksters of the world are on a mission. World wide domination. We will do it by any means at our disposal and humanity is disposable.
This is the Big Tell. We saw it with all its radiant stench and wretchedness, laid on the people of Cyprus. It does not matter the whys and hows, the reasons the people of Cyprus find themselves in this jam. It’s the way they are being treated and the end results of the destruction planned for them and their country.
This Big Tell is also a clarion call and if you’ve tolerated my long essay, then you’ll see that clarion call is pretty simple.
GET THE HELL OUT OF THE GAME.
Take your stack, push away from the table, cash in the chips, tuck them away, bid adieu to the players, wish them good luck as they will need it and exit as fast as your feet can carry you out of the casino and down the road. It does not matter if you are ahead of the game, breaking even, or losing a bit, the big stacker players are coming for us, every one of us and the best thing we can do is get out.
They made the most serious mistake a player can make. They told us how they play the game. It’s a ‘no win’ if you stay. The only way to win is leave. I’ve been there, done that and lived to tell the story. And I am an amateur to that game.