China’s property developers face bond payments worth $19.8 billion in the first quarter of 2022

https://www.asiafinancial.com/china-evergrande-debt-crisis-five-developers-on-the-brink This year is likely to witness the collapse of more Chinese property firms as the China Evergrande debt crisis rumbles on. Tight funding access, falling sales and rising debt repayment pressures continue to intensify an unprecedented liquidity crunch for the firms. An estimate by Nomura analysts shows China’s developers face repayment of $19.8 billion … Read more

Just 23% of Democrats choose Biden, who faces ‘landslide’ loss to Trump.

Just 23% of Democratic primary voters would choose President Joe Biden for a second term, a “shocking” sign of his unpopularity within liberal ranks, according to the latest look at the 2024 race. Former first lady Michelle Obama, meanwhile, is surging as the only Democrat threatening Biden. Her support among Democratic primary voters is 19%, … Read more

The Russia “Dip”

by justcool393 Okay so some of the people in the daily thread and some of the other threads have been looking for a “ruble comeback” or whatever looking to buy the Russia dip. Before we all start buying Russian sperm banks that are down 70% on the day on my husband’s girlfriend’s suggestion, I think it’s … Read more

Queensland/NSW flooding: ‘A tragedy unfolding in front of our eyes’

As the clouds began to part in flood-ravaged south-east Queensland, providing the Sunshine State with its first glimmer of sunlight in several days, bands of heavy rain converged over the Northern Rivers of NSW on Sunday and Monday, causing record-breaking floods in the state’s Lismore region. The flooding in NSW’s north came as Queensland’s floods … Read more

West Sanctions Russian Central Bank And Sets Off Turmoil In All Markets

by Harvey Organ of Harvey Organ Blog //THE WEST SANCTIONS THE RUSSIAN CENTRAL BANK//REMOVES SWIFT FROM MOST RUSSIAN BANKS AND THAT SETS OFF TURMOIL IN ALL MARKETS: GOLD CLOSED UP $12.95 TO $1899.25//SILVER CLOSED UP 31 CENTS TO $24.31 AS LONDON’S OPTIONS EXPIRY CONCLUDES//INITIAL GOLD STANDING FOR MARCH A HUGE 14.8 TONNES//INITIAL SILVER OZ STANDING 42 MILLION OZ/// … Read more

Are we worried about SWIFT incorrectly?

by davefairtex Friend of mine sent me a video.  This fellow – Jeff Snider – suggests that all SWIFT is, is a messaging system.  Banks are fine doing the exact same thing over the phone with trusted counterparties.  This is a 1 hour video – its a fair amount to wade through – but the upshot … Read more

End the Fed and put every one of these f*cks on trial…

https://twitter.com/RJRCapital/status/1498799852192419843 Inflation Raises Expenses for Pension Funds: Cost-of-living increases are rising significantly for the first time in years, adding to retirement system liabilities. ising inflation is driving up expenses for many large U.S. pension funds that have promised retirees cost-of-living raises. About half of states link pension benefits for some or all of their retired … Read more

Remember that their coverage is always politically motivated, and always in the same direction, and it all makes sense.

If a horse at the southern border of the US scares an illegal immigrant, it’s 24/7 news story on MSM about intimidation and excess force. If Canadian mounted police run over peaceful protestors, MSM doesn’t care. The hypocrisy is insane. — Brian Wesbury (@wesbury) February 21, 2022 NBC: Wisconsin governor's race & chances of Dem … Read more

Feeling Hot, Hot, Hot! US Home Prices Grew At 19.1% YoY In January (Is US Housing Market Addicted To Gov?)

by confoundedinterest17 Feeling hot, hot, hot! Corelogic released their January housing report and its a doozy. Home prices nationwide, including distressed sales, increased year over year by 19.1% in January 2022 compared with January 2021. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with December 2021 (revisions with public records data are … Read more

Ted Cruz Gives Psaki New Nickname Based On A Peanuts Character

https://www.youtube.com/watch?v=rSZKEXZKOvA Nicole Silverio from The Daily Caller reports, White House Press Secretary Jen Psaki reacted to Republican Texas Sen. Ted Cruz calling her “Peppermint Patty” at the Conservative Political Action Conference (CPAC) Thursday. Read More/Source/Credit/FairUse: https://dailycaller.com/2022/02/24/jen-psaki-responds-ted-cruz-gives-nickname-peanuts-character/