Check out this shocking data from Mike Maloney that shows exactly how much of USA’s economy the Federal Reserve now owns. Now bear in mind that this has happened so quickly, and by a form of counterfeiting…any sane person might ask ‘Are we living in the Twilight Zone?’
So… USD liquidity fell JUST -3.4% in just over a half a month to today, or $138bn, from all time highs, and the stock market completely fell apart. What happens, I wonder, when liquidity normalizes – i.e., pre-COVID liquidity levels suggests another ~$2.8tn needs to "come out"? pic.twitter.com/1jxm4xXROB — Gordon Johnson (@GordonJohnson19) October 1, 2021 … Read more
by 78thusername 2/3rds of China is experiencing extensive blackouts. The driving force is a lack of quality coal because they hate Australia layered on top of a central controlled electricity price and a market price for local coal. It costs more to make power than they get from selling it. The other issue is the … Read more
Here are the top twenty most expensive stock borrows with short interest over $100 million https://t.co/ejLNuNkQG5 pic.twitter.com/1vUh8CgwZR — Ihor Dusaniwsky🇺🇦 (@ihors3) October 1, 2021
Vatican To Punish Employees Who Refuse To Comply With COVID-19 Certification https://t.co/Oq1RRwCFHV — zerohedge (@zerohedge) October 1, 2021 Beware Vatican employees !! We all know what happens when the church punishes. Are the bonfires already being lit in St. Peter's Square? COVID inquisition is here! 😂 pic.twitter.com/w5uzn5a0pU — Jota Jarkor (@jota_jarkor) October 1, 2021 h/t … Read more
Core inflation rose 3.6% in August from a year ago, the biggest jump in more than 30 years. Personal spending increased 0.8%, slightly higher than the estimate. Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures, the Commerce Department reported Friday. The core … Read more
BY JAMES RICKARDS The happy talk out of Wall Street would have you believe that the Evergrande financial collapse in China is under control and that responsible parties have taken steps to avoid a “Lehman moment” in Chinese capital markets. Almost everything about that narrative is factually wrong. It’s Wall Street happy talk at its … Read more
https://twitter.com/TPostMillennial/status/1443013107794731011
"Inflation isn't going down. Inflation is hot, hot at the core level," @bopinion's Mohamed El-Erian tells @ferrotv https://t.co/J0yJOrfwmP pic.twitter.com/jWJ4QZcq0v — Bloomberg TV (@BloombergTV) October 1, 2021 Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate: WSJ The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country … Read more
