In retrospect, Mario Draghi will be remembered as the central banker who was always willing to go the extra mile to backstop the historic asset bubble that the ECB inflated since he replaced Jean-Claude Trichet in 2011, making the European Central Bank the biggest hedge fund in the world with more than $5 trillion in assets assets. As shown below, since his arrived, the ECB’s balance […]
Helicopter
19 posts
Authored by Alastair Crooke via The Strategic Culture Foundation, As the US and the UK, to stem Covid-19 infections, adopt a close-to-wartime approach, with intrusive levels of intervention into social life, these governments – as the corollary to lockdown – are proposing massive bail-outs. At first brush, this may seem both sensible and appropriate. But wait. Bailing out what? Well, financial markets of course, but then… […]
“Consensus reality is like paper money. It has no value except everyone believes in it. It has no real value, only pretend value, which is fine as long as everyone keeps pretending.” – Jed McKenna “As helicopter money becomes increasingly inevitable, the big news is that we are calling for the thawing of the Ice Age after the next recession – whenever that arrives.” […]
Authored by Peter Tasker via PeterTasker.asia, “The coronavirus pandemic is a public health emergency. But it is also an economic emergency… This national effort will be underpinned by government interventions in the economy on a scale unimaginable only a few weeks ago. This is not a time for ideology and orthodoxy… We will support jobs, we will support incomes, we will support businesses, and we will […]
Authored by Bill Blain via MorningPorridge.com, Helicopters = Orthodoxy “Orthodoxy means not thinking – not needing to think. It is unconsciousness.” Governments around the globe have pledged trillions to address the Virus Pandemic. It doesn’t matter if markets aren’t convinced. Yesterday’s bout of coordinated Global Spending promises are about keeping populations safe and secure by protecting the global economy from the Virus uncertainty. The Pandemic is being addressed! […]
US futures traded limit up overnight, plunge back to the lows of the day, soared back above overnight highs, dumped again, ripped again, then slumped… 1000s of Dow points in the swings on the back of various political and monetary headlines of ever-increasing bailouts (and warnings)… that is malarkey! So, some (brief, perhaps) exuberance in stocks. BUT… Despite The Fed’s CPFF, banking system liquidity worsened… Source: […]
As the administration scrambles to soothe the market during yet another day of trading-halt chaos, Larry Kudlow just tried to jawbone the market higher by raising the prospect of helicopter money. Of course, the market wasn’t exactly impressed. Apparently, investors are tired of talk from the administration, and are now waiting until Trump’s economic team starts shot-putting rescue packages filled with prepaid Visa credit-cards. Essentially, the […]
Strange things can happen in Russia’s Far East. A remote and wild region around 50 percent larger than the entire European Union, with only the population of Ireland. Nevertheless, the latest is bizarre, even by local standards. Russian media reports that, on Saturday, a military helicopter accidentally shot at an apartment building in Chita, the federal district’s fourth-largest city. The Mi-8 Ministry of Defense chopper damaged […]
A Mi-24 ‘Hind’ attack helicopter was forced to take avoiding action after a drone was spotted during a military exercise in Russia. In social media was released the short video clip shows a drone flying above a military helicopter during a practiced assault river crossing and tactical landing exercise. The terrifying footage shows a close call between the drone and the Mi-24 helicopter recorded from the […]
Aircraft maker Boeing has unveiled the design for its entry in the US Army’s Future Attack Reconnaissance Aircraft (FARA) competition, the winner of which will make the Army’s next attack helicopter. The unusual design features a propeller on the back in addition to its typical vertical main and tail stabilizing rotors. With just days to spare, Boeing has submitted its FARA design for Army consideration. In […]
Hong Kong just went full monetary-policy retard. In a desperate effort to “do something” about the economic collapse that the region is suffering… Hong Kong’s Financial Secretary Paul Chan Mo-po is set to unveil a HK120 billion relief deal which includes ‘helicopter money’ – giving every Hong Kong permanent resident over the age of 18 a cash handout of HK$10,000 (around US$1,300) to, reportedly, ease the […]
On the day of the memorial/celebration of life for the basketball superstar, Kobe Bryant’s widow filed a wrongful death lawsuit on Monday against the aviation company that was operating the helicopter that crashed in California last month, killing her husband, their 13-year-old daughter, Gianna, and seven others (including the pilot), reported Bloomberg. Vanessa Bryant filed the suit against Island Express Helicopters and Island Express Holding Corp. seeking […]
(Photo by Tommaso Boddi/Getty Images for Baby2Baby) Vanessa Bryant is suing both the helicopter company and survivors of helicopter operator Ara George Zobayan after a deadly crash in Calabasas, California killed her husband, 13-year-old daughter, and seven others, including Zobayan. The lawsuit, which was filed Monday and first reported by the Hollywood Reporter, blames the judgment of both Island Express Helicopters and Zobayan about the weather conditions on […]
The U.S. Air Force’s newest helicopter, the MH-139A Grey Wolf, completed its first combined test flight here Feb. 11. With a Boeing pilot in command, this test flight allowed the Air Force its first in-flight look at the capabilities of the aircraft. The flight also made Maj. Zach Roycroft, 413th Flight Test Squadron lead test pilot for the program, the first Air Force pilot to fly […]
The world’s largest aerospace company Boeing has announced that it will be unveiled the concept of its newest armed reconnaissance helicopter in March. U.S. aerospace giant will reveal the newest Future Attack Reconnaissance Aircraft, or FARA. The U.S. Army needs a helicopter that can go farther, identify targets faster, and deliver battlefield intelligence more rapidly – all at an affordable cost. Designed specifically with aviators and […]
14 Feb, 2020 13:54 Syrian government soldiers near Aleppo, Syria. February 11, 2020. © AFP A Syrian Army helicopter was destroyed by a missile during an operation against anti-government forces near Aleppo, and its crew was killed, Syrian state-run media reported. Source
Syrian rebel fighters have shared the video that probably showed firing the Man-portable air-defense systems (MANPADS), at a Syrian regime Mi-17 military helicopter during fighting in Idlib on Tuesday. The helicopter was shot down on Wednesday AEDT in Nairab, west of Saraqeb, by fighters from Hayat Tahrir al-Sham (HTS), a hardline Islamist group that is the successor of al-Qa’ida in Syria. Although HTS is not officially […]
Aerospace giant Boeing announced that it has delivered the 500th CH-47F Chinook dual rotor helicopter to the U.S. Army and foreign military sales customers. The CH-47 “Chinook” has been flown by the United States Army and the military forces of allied nations since 1962. CH-47 model helicopters were used widely in the Vietnam War and in the 1991 Gulf War as well as in Afghanistan and […]
Famed U.S. helicopter maker Bell, part of American conglomerate Textron, has released a new video of its Invictus Future Attack Recon Aircraft concept. Posted on the Bell Twitter account, the video shows a new helicopter during military operation in urban environments. “The Bell 360 Invictus is designed to support the U.S. Army’s maneuver force in any environment,” the message added. Bell’s 360 Invictus, the company’s proposal […]