The 2008 BANKING CRISIS in a nutshell.

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by KosmosHD In September 2008, the US investment bank Lehman Brothers filed for bankruptcy. This event was the first time in decades that a major US bank had collapsed. In the UK, major retail banks had to be bailed out by the government, and in Germany, the second-largest bank, Commerzbank, was partly nationalized. These banks … Read more

A historic collapse in Chinese Equities. Traders are dumping everything – fearing “nothing is safe”. A matter of time before it spills over into the US market?

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https://twitter.com/MacroCharts/status/1419975860094971906 https://twitter.com/MFHoz/status/1419760924521603072 I'm on the inflation side but this chart concerns me. A yuan devaluation is one of the main deflationary risks today. I know you heard this over and over again… but something is indeed unraveling. Chinese banks and ADRs are in big trouble. PBOC will be forced to act. pic.twitter.com/bXRCqOIg8k — Otavio (Tavi) … Read more

We Can Have Low Interest Rates Or Robust Growth, But Not Both

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by Daniel Lacalle via Mises Central banks should know by now that you cannot have negative interest rates with low bond yields and strong growth. One or the other. Central banks have chosen low bond yields at any cost, despite all the evidence of stagnation ahead. This creates enormous problems and perverse incentives. It is not a surprise that markets have … Read more

John Rubino: Did The Housing Bubble Pop?

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Financial Survival Network, Released on 7/26/21 New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. Inventory is spiking and lumber is tanking, wiping out all its 2021 gains. How big … Read more

Alarm! U.S. Real Yields And Real Mortgage Rates Fall to Record Low Amid Growth Concerns (Real 10Y Treasury Yield Falls To -3.92% While Real 30Y Mortgage Rate Falls To -2.61%)

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by confoundedinterest17 Alarm! The real yield on U.S. 10-year debt fell to a record low as concerns mounted over the outlook for economic growth. The rate, which strips out inflation, fell almost six basis points to minus -1.269%. The move was compounded by a lack of trading liquidity, with the 10-year breakeven rate — a market proxy … Read more

Bitcoin Back Over $40,000 (+12%) And Technical Analyses (Bollinger, Ichimoku, Elliott Wave, Elder Impulse)

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by confoundedinterest17 Bitcoin surged to over $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry. A job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” stirred questions among analysts over whether the move could eventually lead … Read more

The International Spyware Scandal Runs Deeper Than Pegasus

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Much attention has been paid recently to bombshell allegations that Israeli-created spyware may have been used to target journalists, dissidents, and other enemies of the state. But the Pegasus scandal is a mere microcosm of the larger issue of governments using private companies for surveillance operations. On July 18, the Guardian and 16 other media … Read more

Social Networks are a Danger to Civilization

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Coming back to the United States after years living abroad has me a little shocked. The country is completely different from what I left behind. What has caused this dramatic change? It is clearly social media that is driving the changes and divisions we are seeing. Getting rid of things like Facebook may be the … Read more

American Airlines warns about nationwide fuel shortages and asks pilots to conserve fuel.

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American Airlines issued a warning to pilots on Monday about fuel delivery delays at certain midsize airports and asked them to conserve fuel whenever possible, according to CNBC. According to the carrier, supply shortages have affected airlines such as American due to a lack of truck drivers, trucks, and fuel supply. https://insiderpaper.com/american-airlines-warns-nationwide-fuel-shortages/

Tips for choosing a Forex broker

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Forex is one of the most prominent financial markets in the world. This lucrative market generates $ 5 trillion per day and attracts many investors, including those with little capital. To invest in Forex, you must seek the service of brokers who are intermediaries. The trading companies provide forex software and related services. The role … Read more

The Essential Do’s and Don’ts of Credit

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Credit: Monstera via Pexels Are you using your credit accounts properly? You might be making some credit mistakes that you’ll regret later on. Read this to learn the biggest do’s and don’ts with credit so that you can be sure that your accounts are in great shape.  The Types of Credit Credit Cards A credit … Read more