The NBA will play ball with Communist China because it doesn’t want to lose out on a TV deal worth hundreds of millions of dollars, even as thousands of Uyghurs sit in concentration camps.

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The NBA will play ball with Communist China because it doesn’t want to lose out on a TV deal worth hundreds of millions of dollars, even as thousands of Uyghurs sit in concentration camps. pic.twitter.com/wvUE4pIsb6 — Sen. Marsha Blackburn (@MarshaBlackburn) March 6, 2021

The Global Financial End-Game

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by Charles Hugh-Smith The over-indebted, overcapacity global economy an only generate speculative asset bubbles that will implode, destroying the latest round of phantom collateral. For those seeking a summary, here is the global financial endgame in fourteen points: 1. In the initial “boost phase” of credit expansion, credit-based capital ( i.e. debt-money) pours into expanding … Read more

What You Can Learn About Economics From The Big Mac

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Guest post from John Wilder at Wilder Wealthy Wise. “A Roy-ale With Cheese®. What do they call a Big Mac©?” – Pulp Fiction Picard doesn’t have an iPhone® he got unlimited Data with his Android©. The last time I had a Double Quarter Pounder with Cheese™ from McDonalds© here in Modern Mayberry, it cost me $4.79. It … Read more

CRISIS BY DESIGN: Texas Democratic Rep: ‘We Are Weeks, Maybe Even Days Away From a Crisis on the Southern Border.’

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Texas Democratic Rep: ‘We Are Weeks, Maybe Even Days Away From a Crisis on the Southern Border.’ Rep. Henry Cuellar (D-Texas) has been sounding the alarm for weeks about the growing crisis at the southern border, telling anyone who would listen that the crisis is real and will spiral out of control unless something is … Read more

President Trump has affirmed his intent to reform the Republican party and break away from the elitist worldview that is destroying our nation.

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by Sundance It is refreshing to find President Trump affirming the larger context of what CTH has been presenting for well over a decade.  The Big Ugly is not an issue of destroying Democrats. The Big Ugly is an issue of identifying the Republican -vs- Democrat premise as false, and then accepting the UniParty are two … Read more

Once in a lifetime storm is brewing

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Do you know why the stock market is plunging while GameStop stock keeps rising. Hedge funds are in deep shit trouble and are liquidating their holdings to hedge against their expanding massive loses from shorting GME. https://threadreaderapp.com/thread/1367743123279867909.html Many are selling off Tesla and other stocks including the WSB guys and going all in on GME. … Read more

Bull trap? This rip roarrrriiiing rally was weak. Market breadth didn’t improve much at all.

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https://twitter.com/MFHoz/status/1367944085227601921 https://twitter.com/vixsquared/status/1367878679808868353 https://twitter.com/farrisbaba/status/1367944824352047105 from zerohedge pic.twitter.com/TAYH5s3BzJ — Alessio (@AlessioTMAD) March 5, 2021 https://twitter.com/vixsquared/status/1367738132582502401 https://twitter.com/vixsquared/status/1367857914615111686 Dollar bulls…is it finally here? Who would have thought inflation expectations would lead to a STRONG dollar…@SantiagoAuFund @voliswell pic.twitter.com/2zu19r6AZU — Here for the Fin (@hereforthefin) March 5, 2021

Lessons from the December 2018 market correction, when the SP500 and NASDAQ dumped more than -20% (by intraday measures) from all time highs

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by cefpodoxime https://www.marketwatch.com/story/the-sp-500-is-on-the-verge-of-tumbling-by-the-most-it-has-ever-fallen-on-christmas-eve-2018-12-24 I wonder if anyone here remembers the market ‘crash’ in December 2018. Pundits blamed the market plunge on Fed hiking rates, the ‘china trade war’, and fears of economic slowdown. But recall that 1) the market recovered in a V shape days after December ended, without the Fed deciding to reverse course … Read more

Everything that happened in 2008 (mal-investment, fed blowing bubbles, etc) is happening today but on a scale 10x as large

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https://twitter.com/RetirementRight/status/1367713449728376832 This is how much global real estate is worth far more than the world’s entire supply of stocks and bonds ($290T). It’s even worth far more than the world’s annual gross domestic product. It benefitted from low yields, but that goes both ways h/t @johnauthers cc @DiMartinoBooth pic.twitter.com/2kOWEJknTY — Menthor Q (@MenthorQpro) March 5, … Read more