Warning! Big Short Resurfaces in U.S. Bonds, Wary of ‘Convexity Trigger’

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by confoundedinterest17 Alarm! It was great to be a “Master of the Universe” (Treasury and MBS trader) since October 1981 when the US 10Y Treasury yield peaked at 15.84% and mortgage rates peaked at 18.63%. Treasury and mortgage rates have generally fallen ever since. But what happens if Treasury and mortgage rates rise? Bond investors are … Read more

DOJ Tells FBI to Investigate Parents Who Complain to School Boards as Domestic Terrorists

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by Chris Black  Attorney General Merrick Garland has instructed the FBI to mobilize against parents who oppose critical race theory in public schools, citing “threats.”  The letter follows the National School Board Association’s request to classify protests as “domestic terrorism.” So, if you’re a pureblood American complaining about gay anal/tranny ideology and/or coronavirus measures, you’re … Read more

Biden Supposedly Hits New Low at 42% Approval

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by Chris Black I wonder which 4 out of 10 Americans still think that Dementia in Chief is doing a good job. Sounds like fake news to me… He’s not doing anything at all really, just bumbling around, mumbling and eating ice cream. Except from Wall Street and the crypto community profiteering from the trillions … Read more

2021’s Uncanny Resemblance to 2008

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by highquaIity A story in a few parts: Let’s take a trip back in time to 2008, just before one of the biggest financial crises the US has ever experienced. 4 of 7 Fed seats resigned shortly before the crisis reared its ugly head. If you’ve watched Inside Job, you probably remember Fed Governor Frederic Mishkin’s … Read more

Transitory Inflation And Useless Ingredients

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by Keith Weiner of Monetary-Metals Can you remember back to when you were two or three years old? Toddlers often think that there are little people inside the TV (or maybe this was only true when the TV was about as deep as it was wide—and maybe kids today don’t think this when looking at a 60-inch flatscreen…) … Read more

Yellen on Tracking Every Transaction $600 or Greater

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by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/10/Yellen-Lummis.mp4 Treasury Secretary Janet Yellen is now defending the Biden administration’s proposal that would require banks to report ALL data to the Internal Revenue Service (IRS) on transactions over $600. With the NSA collecting every email, phone call, and text you make, and now the IRS will have every time you even … Read more

This WashPost op-ed makes a vital often-overlooked point:

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This WashPost op-ed makes a vital often-overlooked point: Facebook is spending millions *advocating* for social media regulations because only they and Google would have the resources to comply, making it virtually impossible for competitors to survive:https://t.co/1avRug7Ivd pic.twitter.com/k2mPpdVlIc — Glenn Greenwald (@ggreenwald) October 7, 2021 One more time: there are some serious people in both parties … Read more

Are The “Unvaxed” Going To Be Public Enemy #1 Throughout 2020’s?

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Rebel Capitalist, Released on 10/6/21 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more

The probability of war between China/USA/Taiwan is rapidly increasing…

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As President Biden and his Chinese counterpart Xi Jinping ostensibly agree to abide by the Taiwan agreement, the Chinese Communist Party is warning that the militaries currently swarming Taiwan are “teetering on the edge of a face-off.” Tensions are ratcheting up as China’s People’s Liberation Army planes violated Taiwan’s airspace 149 times over the past … Read more