LOL, INDEED:

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  via instapundit: You do realize that the hypocrisy is the point? They can flaunt it like this and get away with it. It’s a power flex. And you keep acting like you’re making a difference by calling it out. THEY DON’T CARE.   h/t Jake

GameStop Short-Sellers Have Lost $1.9 Billion in Just 2 Days Amid the Stock’s Latest Spike

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Nearly one month after GameStop’s leap to record highs, Reddit traders are boosting the meme stock all over again. And just like in the January rally, short-sellers are hurting big. Investors selling GameStop short – betting the stock price would decline – posted $664 million in mark-to-market losses as shares of the gaming retailer rocketed … Read more

Welcome To The Third World: Texas…Really??

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by John Rubino of Dollar Collapse California and Texas were, until very recently, the two best US states. The former is the richest and highest-profile, and home to Silicon Valley and Hollywood, while the latter is both huge and the place to which millions of Californians want to move. It’s not an exaggeration to say that as these … Read more

FED DOWN! Federal Reserve Payment Crash Is A Sign For Collapse Of Banking System

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by Financial Argument via Financial Argument The Federal Reserve payment system Fedwire went down, freezing wire transfers between banks while I was editing this video. Also, It is a sign for collapse of banking system. It is very clear that something big is happening- perhaps they are trying out a new digital payment system or are trying to … Read more

Finally- the Stock Market Tanks

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by Matthew Levy, CFA Surging bond yields continues to weigh on tech stocks. When the 10-year yield pops by 20 basis points to reach a 1-year high, that will happen. Tuesday (Feb. 23) saw the Dow down 360 points at one point, and the Nasdaq down 3% before a sharp reversal that carried to Wednesday (Feb. … Read more

The Rising! 10Y Treasury Yield Passes S&P 500 Dividend Yield (Inflation-adjusted Yields Rising)

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by confoundedinterest17 How fast are interest rates rising? The 10-year Treasury yield is now higher than the S&P 500 dividend yield. Inflation-adjusted yields are rising. (REAL 10-year note yield). And the Hindenburg Omen is not flashing yellow or red. Interest rates are taking in us higher. GameStop update! Up to 142.44.    

‘Snow moon’ is coming this weekend, and it might be why you’re sleeping less In the nights leading up to a full moon, study subject

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With the moon gaining ever-increasing power this week and beaming on those ice-lacquered layers and pompadours of the remnant snowpack, the nightscapes in parts of the region have evoked the lunar surface itself. But with the so-called Snow Moon approaching fullness, that “lustre of midday” — to quote the world’s most famous Christmas poem — … Read more

Syria got bombed quicker than you got your $2,000 checks

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Biden is in office for only little over a month and is already bombing someone. U.S. carries out airstrikes in Syria on Iranian-backed targetshttps://t.co/sX6W2ovgL8 — WTF (@540856) February 26, 2021 Syria got bombed quicker than you got your $2,000 checks — George Papadopoulos (@GeorgePapa19) February 26, 2021 Americans: $2000 checks pleaseGovernment: Sorry did you say … Read more

The yield on the benchmark 10y note reached highest in more than a year. 1.52% is now just above the S&P 500 Index dividend yield.

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OOPS! US 10y yield gains edge over S&P 500 dividend yield, BBG reports. The yield on the benchmark 10y note reached highest in more than a year. 1.52% is now just above the S&P 500 Index dividend yield. pic.twitter.com/eYPjjlpQg9 — Holger Zschaepitz (@Schuldensuehner) February 25, 2021 Today’s market action highlights a threat that I’ve been … Read more

Average Age of US Politicians: for 100 years the average age in the Senate & the House was fairly stable. But over the last 40 years the average age has sky rocketed.

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If gets worse Boomers (57-75) and the Silent Generation (76+) are WAY over-represented compared to their share of the wealth and population (noted on chart). Generation X (41 to 56) and Millennials (26 to 40) are relatively under-represented. (2/3) pic.twitter.com/vTV3xSpMPA — Jim Bianco (@biancoresearch) February 15, 2021 And now we have the oldest President in … Read more

This is clear example of the liquidity trap. They should study their God Keyness a bit better. If you cut your rates too low, your monetary policies become impotent..

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This is clear example of the liquidity trap. They should study their God Keyness a bit better. If you cut your rates too low, your monetary policies become impotent.. pic.twitter.com/MfDBLaIh8P — Data Patron (@DrahoslavP) February 25, 2021 https://twitter.com/GregMannarino/status/1365036974088675330 Traders are betting U.S. inflation will surge in the short term before ebbing longer-term. The 5-year inflation … Read more

POWELL: NO ONE CAN REALLY IDENTIFY AN ASSET BUBBLE

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POWELL: NO ONE CAN REALLY IDENTIFY AN ASSET BUBBLE Greenspan '07 speech: US GDP wasn't growing 3%, it was growing less than 1% absent mort.equity withdrawals. In '08 we crashed. Since then $10T -> $30T in debt (just to grow weak 2%), $29T glbl QE, 0% rates. Weakest recovery vs👇 pic.twitter.com/LqMO7V6dja — M/1_LP (@MI_Investments) February … Read more