“When economy is strong, unemployment is low, when economic activity is high that’s when you deal with the debt problem” … WTF have u been doing for the past 5 years

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Jerome Powell, Chairman of the Federal Reserve, says the trillions of dollars in additional federal debt to support the U.S. economy during coronavirus could be paid down over decades. https://t.co/sYXgPHmdSG pic.twitter.com/0ZIeJhXjDC — 60 Minutes (@60Minutes) May 17, 2020  

In MAR 2010, Ben Bernanke said the Fed would get its balance sheet back under $1-trillion. Jim Bullard said the Fed’s post-08 policies were temporary. Janet Yellen said the Fed reducing its balance sheet would be like watching pain dry. This will prove no different.

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In MAR 2010, Ben Bernanke said the Fed would get its balance sheet back under $1-trillion. Jim Bullard said the Fed's post-08 policies were temporary. Janet Yellen said the Fed reducing its balance sheet would be like watching pain dry. This will prove no different. pic.twitter.com/jGuxa9oEcT — Peter Schmidt (The 92ers) (@The92ers) May 18, 2020

U.S. Shale Could Crush The Oil Market Recovery

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By Haley Zaremba Oil markets have taken a beating around the globe, but nowhere has the pummeling been worse than in the United States shale patch, where the oil price crash plunged the West Texas Intermediate crude benchmark to nearly $40 below zero per barrel last month in a historic rock bottom moment. The oil … Read more

BOOM: President Trump UNLOADS on Obama

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BOOM! President Trump UNLOADS on Obama: “These People Should Be Going to Jail… He Knew Everything… These People Are Corrupt!” President Trump sat down with FBN’s Maria Bartiromo last week. The explosive interview was aired on Sunday Morning Futures today. President Trump UNLOADED on President Obama and Vice President Biden for spying on his campaign … Read more

Why Assets Will Crash

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by Charles Hugh Smith The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of ownership, a.k.a. soaring wealth and income inequality: assets crash. Most of you are aware that the bottom … Read more

This is why everyone needs to wear a mask

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by Go4theEyesBoo Aerosolized coronavirus can remain in the air for up to three hours and travel more than six feet. Droplets in the air just from talking can linger for up to 14 minutes. Their original assumption back in January on how it spreads didnt know it could infect by air. You can spread the … Read more

The Perfect Storm Begins May 22, 2020

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According to this astrologer the Deep State is going down and it all starts next Friday May 22nd. She first predicted this back in 2015 and then this last December 2019 she set out the date of May 22nd for what she calls “The Perfect Storm” that starts the take down of the deep state. … Read more

BIDEN WOWS MSM!

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● It is far too early for Democrats to panic over Biden. —Karen Tumulty, Washington Post, Friday. ● Biden’s Virtual Campaign Is a Disaster. —Andrew Ferguson, the Atlantic, Friday. ● Biden campaign doesn’t consider Latinos ‘part of their path to victory,’ political operatives say. —Kathryn Krawczyk, the Week, Thursday. Unlike Roger Simon, I think it’s way too soon, given the craziness that is 2020, … Read more

$CHK – Navigating a Bankruptcy

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by MTGCollectingAL Not the typical puts/calls DD but thought some here might like a different approach to gambling in the market. You probably can’t do this on robinhood. ​ Rationale: CHK is in a world of trouble and likely to file for bankruptcy this year. They were a pioneer in the natural gas space but … Read more