Accounting Schemes at Chinese Tech Giants (w/ Kyle Bass and Stephen Clapham)

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Hayman Capital’s founder and CIO Kyle Bass welcomes forensic accountant and Behind the Balance Sheet’s founder Stephen Clapham to break down the accounting irregularities peppered throughout the regulatory filings of China’s biggest tech companies. Sharing insights from his proprietary research report on Alibaba, Baidu, JD.com, Meituan Dianping, and Tencent, Clapham shines a light on the … Read more

The limits of monetary policy…

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AKA, the limits of monetary policy… Central banks have been cutting interest rates, but commercial banks have been increasing the credit quality hurdle — meaning: rates may be low, but you might not be able to even get a loan. more: https://t.co/cXbgjQ8gPD pic.twitter.com/givpoaLkGZ — Topdown Charts (@topdowncharts) January 13, 2021

Powell: U.S. Isn’t on a Sustainable Fiscal Path

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*Powell: U.S. Isn't on a Sustainable Fiscal Path — Win Smart, CFA (@WinfieldSmart) January 14, 2021 *Powell: Level of U.S. Debt 'Far From Unsustainable' LOL pic.twitter.com/MXI48HIuIr — zerohedge (@zerohedge) January 14, 2021 https://twitter.com/MemberSee/status/1349778760531402756 A FLOOD OF FIAT HAS BIPARTISAN SUPPORT pic.twitter.com/z68LuIZu1S — Win Smart, CFA (@WinfieldSmart) January 14, 2021   Atop the Powerful Budget Committee … Read more

You won’t see that often … Each bear has been transformed into bull. I mean “EACH”.

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You won't see that often … Each bear has been transformed into bull. I mean "EACH". https://t.co/KjD1HgEglk — GregTheAnalyst (@Analyst_G) January 14, 2021 https://twitter.com/NorthmanTrader/status/1349731710859059202 GameStop stock doubled in two days on a massive short squeeze, and is up 10x from $4 to $40 since July. pic.twitter.com/cTGwXo9Np5 — Lyn Alden (@LynAldenContact) January 14, 2021 https://twitter.com/NorthmanTrader/status/1349765784944463875 https://twitter.com/realJosephRich/status/1349741020716609536 … Read more

Interest rates cannot rise with massive debt load. Dollar bear market must continue or equities will suffer. Perfect backdrop for gold and Bitcoin

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Most important macro chart of the month. Bernnnie takes over budget with total deficit worst in 40 years. Interest rates cannot rise with massive debt load. #Dollar bear market must continue or #equities will suffer. Perfect backdrop for #gold and #Bitcoin. H/T @TaviCosta pic.twitter.com/RU5LsmwC4a — Dan Tapiero (@DTAPCAP) January 14, 2021  

Jobless claims: Another 965,000 Americans filed new unemployment claims last week

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New weekly unemployment claims spiked far more than expected last week to reach a five-month high, as the coronavirus pandemic and stay-in-place orders weighed heavily on the labor market. The U.S. Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results in the … Read more

Are we seeing a potential longer term paradigm shift within the market that now more stimulus is DXY bullish rather than bearish due to rising bond yields?

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Are we seeing a potential longer term paradigm shift within the market that now more stimulus is DXY bullish rather than bearish due to rising bond yields? — Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) January 14, 2021 #recession … #Global $USD #Liquidity #Squeeze edition US #Dollar spikes higher 📈 while #Gold & #Silver plunges … Read more

Poland plans to make censoring of social media accounts illegal

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Polish government officials have denounced the deactivation of Donald Trump’s social media accounts, and said a draft law being readied in Poland will make it illegal for tech companies to take similar actions there. “Algorithms or the owners of corporate giants should not decide which views are right and which are not,” wrote the prime minister, … Read more

Bigger The Deficits…Greater The Stealth Tax

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The US government ran the biggest December budget deficit in history last month. Uncle Sam spent $490 billion in a single month. Just three months into fiscal 2021, the federal government has already blown through over $1.3 trillion. In other words, in a mere three months, Uncle Sam has pushed the deficit over halfway to … Read more

SCOTUS: Supreme Court May Finally Reverse Kamala Harris’s Attack on Free Speech.

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On Friday, the U.S. Supreme Court took up two vitally important cases dealing with the freedom of speech and association. Back in 2015, Attorney General Kamala Harris (D-Calif.) demanded that two conservative nonprofit organizations, Americans for Prosperity (AFP) and the Thomas More Law Center (TMLC), hand over their donor lists. This demand threatened to reveal … Read more

Is The USPS Creating A National Biometric Criminal Background Check Program?

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by mapi credit:USPS Are American’s ready for a national United States Postal Service (USPS) biometric criminal background check program? What initially started out as an employee criminal background screener program has morphed into a biometric criminal background check program for the public. In 2019, the USPS innocuously began installing fingerprint scanners in post offices so they could … Read more