Warning! Evergrande Setting Off A Global Financial Crisis – Get Ready To Lose Your Job, Car And Home
https://www.youtube.com/watch?v=lDxSPNow7LM
Everyone says “no credit crunch” meanwhile the China HY says the opposite… Jim Rickards: ‘Mainstream are clueless as usual.’
Everyone says “no credit crunch” meanwhile the China HY says the opposite pic.twitter.com/9uGZP9Szrh — Alessio (@AlessioTMAD) September 21, 2021 The FOMC is deeply troubled by the "unsustainable credit boom" in China… the date? May 2004 @jmackin2 pic.twitter.com/ujwZTW5t1z — Dario Perkins (@darioperkins) September 21, 2021 "S&P does not expect Beijing to provide any direct support to … Read more
Is a correction over? Maybe, maybe not. I vote not.
by Martzee2021 Here is the table I keep track record of all corrections larger than 5% since 2009 lows and how it looks like today. We have a bounce in the market. If the market doesn’t retest the lows at 4306 (or lower), the days of correction will be set at 19. The recovery counter … Read more
Howard University uses ‘fake crowd noise’ to make Kamala feel better…
Mysteriously loud cheer erupts as Kamala tosses coin at Howard vs. Hampton game https://citizenfreepress.com/breaking/howard-university-uses-fake-crowd-cheering-to-make-kamala-feel-better/
Scott Gottlieb — ‘Six feet rule was completely made up’…
Former FDA commissioner @ScottGottliebMD calls CDC’s six-foot distancing recommendation “arbitrary” and “a perfect example of sort of the lack of rigor around how CDC made recommendations.” pic.twitter.com/2Xf4vrz6Ec — Face The Nation (@FaceTheNation) September 19, 2021 SOURCE
Inflation Is Killing The Recovery
Authored by Daniel Lacalle, This week, Ned Davis Research published a note titled “turns out, growth looks like it was transitory – inflation is more sticky”. There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery. Autos and new home sales plunged, … Read more
Does Fauci Ever Tire Of Being Wrong?
by Jim Quinn Those vaxxes sure are a miracle cure. I’m sure the booster will work. On September 20, 2020 with ZERO people in Vermont vaxxed, they were averaging 4 cases per day. On September 20, 2021 with 88% of adults vaxxed, they are averaging 214 cases per day. Only a 5,350% increase. Pfizer executives … Read more
S&P 500 Real Earnings Yield Goes Negative (As Technicals SCREAM Bubble) Mystery of The Flying Fed!
by confoundedinterest17 The stock market mildly rebounded from yesterday’s mild correction, but a glaring problem remains: S&P 500 real earning yields are negative. With all the Federal government fiscal stimulus and Federal Reserve monetary stimulus, we are seeing inflation and that inflation is eating away at S&P 500 earnings yield. The S&P 500 is still … Read more
Per McConnell: US won’t default on debt, up to dems to raise ceiling
*MCCONNELL: U.S. WON'T DEFAULT BUT DEMOCRATS MUST RAISE DEBT CAP — *Walter Bloomberg (@DeItaone) September 21, 2021
Energy firms could get government loans to take on customers from companies that go bust
Business Secretary Kwasi Kwarteng says energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under. Soaring global gas prices have throw the industry into crisis, hitting some smaller suppliers, but Mr Kwarteng insisted it was a “myth” that the UK supply of gas could run … Read more
A different way to think about the Evergrande collapse
by Simon Black On the evening of June 9, 1772, Alexander Fordyce was drunk out of his mind when he came stumbling home to his wife. As Fordyce was a widely respected London banker and senior partner at the firm Neale, James, Fordyce, and Down, this behavior was uncharacteristic… and his family was rightfully worried. The … Read more
Jim Bianco: Will the stock market sell-off worsen?
CNBC, Released on 9/21/21 The S&P 500 just closed its worst day since May on Monday, accelerating a September slump triggered by China’s Evergrande debt crisis, seasonal weakness and a looming deadline to raise the debt ceiling. Those concerns contributed to market unease, but Bianco Research President Jim Bianco says the market’s next move all … Read more
Current Margin Levels are 28 times 2008 levels…
by Milkdud2000 Hi Apes, (this post is not adjusted for inflation, open to a wrinkle edit) thanks! If using inflation the ratio would be smaller – I am open to feedback – will take down if im tripping – But from my basic ass calculations – I show the markets using 28 times more leverage … Read more
Switzerland People Are Protesting At Rothschild’s Castle
The Rothschilds have their own water canons.. 😅😅😅 — Stale Crumbs (@tobeycakes) September 20, 2021
This is the one Melbourne Protest video they don’t want you to see…
Great piece of journalism by Avi Yemini getting down to the real issues of the Melbourne tradie protests. h/t Jezza000
United Nations claims the world is on the “edge of an abyss” as the General Assembly convenes with leaders in attendance for the first time
https://twitter.com/disclosetv/status/1440305874967281665 #Humanrights are under fire.Science is under assault.And economic lifelines for the most vulnerable are coming too little and too late —if they come at all.Solidarity is missing in action — just when we need it most. #UNGA76 pic.twitter.com/is3zwN9Rto — UN News (@UN_News_Centre) September 21, 2021 h/t dr0id