QUARTRAINIUM 101: The Orangutan King Chose Poorly ...
The edge of madness is crossed, and the old ones arise - for it's time to take that trip to Europe, and there's very little left in the coffers. Great rotation and balancing as octogenarians clear out their accounts and the young are fit only for meat paste and long-pig pies. Cattle stampede, as the Jesuit quisling wavers and there are no more magic tricks left for the jester in Reims. The council of 14 meets, and their decision will wilt the leaves of Waller Street, and melt the gold tablets of Jezebel.
"Tarry not!", said the squire to his knight - as the princes of London cash out of their sport. German lords are forming alliances with ancient lands, as Zipangu is looking for carry-trade reversal. Challenged by old sport, the knight has no response - but he can beat the squire, and the peasants, for his own amusement. The king approaches, and the sword of the executioner is quite sharp.
Contango and arbitrage lurk in the shadows - as money masters see each other as nothing, as empty, as jokes and harlots. Divers, from the windows, will be seen in 10 days.
Magic numbers for tomorrow: { 20999, 2240 }
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The secret of getting ahead is getting started.
What does that cliche have to do with this post?
The real "secret" is to be a powerful banker, that gets zero to negative interest rate loans from a central bank, then use the arbitrage of buying assets, which accrue value, using that value to manage the loans until some greater fool (or ordinary schmucks) can pick up the tab ... have you been awake since 2008?