Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

by Boo_Randy The bills are starting to come due for 14 years of Keynesian monetary malpractice at the central banks. https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found.

Chinese purge underway

The Chinese political arena is the same as a slaughterhouse. Bulk slaughter in one day.#XiJinping pic.twitter.com/xyO1jlARnh — The Great Translation Movement 大翻译运动 (@TGTM_Official) September 24, 2022 h/t JADR+

A Housing Crash in CANADA, AUSTRALIA & NEW ZEALAND ?? It Sure Looks Like It…

Watch Video above… And Read Articles Below… https://www.msn.com/en-in/money/news/the-housing-markets-could-crash-in-canada-new-zealand-and-australia-they-re-3-cautionary-tales-for-the-us/ar-AA11EbRc https://www.news.com.au/finance/real-estate/buying/grim-prediction-australia-facing-major-housing-crash/news-story/0d6c5bb65cc2e53c684331618783bee7 https://www.internationalfreepress.com/2022/09/a-housing-crash-in-canada-australia-and.html?m=1 New Zealand Property prices https://youtu.be/y2kbgavXsqc  

Is a margin-call induced stock market selloff imminent?

by mark000 Looking very likely… Default insurance (CDS) on Credit Suisse is approaching same level as during the collapse of Lehman Brothers… $CS pic.twitter.com/nbHKYcuwxx — Wall Street Mav (@WallStreetMav) September 25, 2022 What just happened to dollar ? pic.twitter.com/PiMnoDn2CA — …

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North Korea Tests Ballistic Missile

North Korea has tested a short-range ballistic missile as a US aircraft carrier arrived in South Korea for joint military exercises. It was launched on Sunday from the western town of Taechon and flew 370 miles (600km), said the South’s …

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Trump’s warning: “If Biden provokes WWIII he will lose. Biden’s decision to purge our greatest war fighters and replace them with social justice warriors focused on equity and diversity has undermined our nation’s war fighting ability. He’s emptied the SPR and our ammo stockpiles…”

‘We won’t even mention Hunter. We’re not going to mention that because that would be disrespectful,’ Trump added  ‘Thankfully the latest polls show that ‘Peekaboo’ James is losing to her Republican challenger this fall,’ Trump told a raucous crowd of …

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