Get in Crash Positions

by Charles Hugh-Smith When the market goes bidless, it’s too late to preserve capital, never mind all those life-changing gains. Everyone with some gray in their ponytails knows the stock market has ticked every box for a bubble top, so everybody get in crash positions: Let’s run through the requirements for a bubble top: 1. … Read more

Political Corruption in U.S., Germany, and Russia

by Eric Zuesse The U.S. Government shaped the Governments of Germany and of Russia; and, therefore, the campaign-finance laws in these three countries will be compared here. The U.S. Government shaped the German Government not only because the U.S. Government (with the cooperation of its WW II allies) shaped post-War West Germany, but because that West … Read more

48 members of Congress have violated a law designed to stop insider trading and prevent conflicts-of-interest

Insider and other media have identified numerous US lawmakers not complying with the federal STOCK Act. Their excuses range from oversights, to clerical errors, to inattentive accountants. Ethics watchdogs — and even some in Congress — want to ban lawmakers from trading individual stocks. Insider and several other news organizations have this year identified 47 … Read more

BlackRock and four other large institutions forced to write-off billions after Fitch Ratings downgrades China Evergrande to “restricted default” status.

After Fitch Ratings downgraded China Evergrande and some of its subsidiaries to “Restricted Default” status on Thursday, there was for the first time, widespread acknowledgement of the Chinese property giant’s failure to meet its debt obligations. “The downgrades reflect the non-payment of coupons due 6 November 2021 for Tianji’s USD645 million 13% bonds and USD590 … Read more

The COVER-UP?

by Martin Armstrong   While everyone still argues over the virus and which lab did what, they seem to gloss over the real question — Is this a diversion to hide the true motive?  This is why nobody in the Biden Administration will ever investigate Fauci. There is plenty to warrant an investigation, but it … Read more

Does this look like a melt up is on the horizon or a bear market? You tell me.

https://twitter.com/MFHoz/status/1469678875768672262 We have been warning about this for many months. The ominous 'cross-bones' pattern in the US Treasury market often foreshadows upcoming #credit problems. The collapse in term premia warns that #bonds may know something! pic.twitter.com/RZBHGzY8L0 — CrossBorder Capital/ GLIndexes (@crossbordercap) December 10, 2021 https://twitter.com/McsauceFPL/status/1466850794620268551 The bond market is tightening, showing a lot of concern … Read more

Schools screen to make sure teachers are progressive…

What are the characteristics of a good teacher? Many would cite qualities such as mastery of the relevant subjects and high academic standards. Others might stress a positive attitude and engaging classroom manner. For most people, political opinions are likely to rank low among these priorities. According to a report in EdWeek, though, that’s what … Read more