Europe Melting Down – Central Bank Chaos

by Martin Armstrong The European markets are crashing from the currencies to the debt – even the Bunds. The smart capital is realizing that this is the end-game. Central Banks are in a state of absolute crisis. We are looking at the extreme volatility that is required to eventually create the slingshot. As we head … Read more

Liquidity issues in the MBS and Treasury Markets

by istural During today’s Fed call, they made a very important statement. This statement was that “There have been liquidity issues in the MBS and Treasury markets.” They further went on to explain “Even during the Repo operations, we were not seeing the liquidity that we needed, and this is what spurred us to take … Read more

Guy Curses Out Reporter Covering People Panic Buying! “F*** You, It’s Your Fault”

https://youtu.be/_UCn_-oaFNE Notice how they had no actual counter point or response. Just weak millennial sarcasm. “Stay classy.” I actually feel the same way about those crooks, they should be held accountable and charged as a terrorist group but we know that won’t happen especially since the Smith-Mundt act was repelled which allows state sponsored propaganda … Read more

Journal Article: Mortality burden of the 1918–1919 influenza pandemic in Europe. (Italy was worst with 172% extra deaths during the pandemic period.)

There was a high level of variability between the excess of mortality experienced in the 14 countries we studied, with a minimal value of 33% in Finland and a maximal value of 172% in Italy. Ninety years later, the reasons for this variability are difficult to investigate. We pointed out that there was a clear … Read more

Global Central Banks’ Capitulation (Coordination)

READ MY LATEST: Global Central Banks' Capitulation (Coordination) In no case, it will be an exaggeration to say that we are witnessing the biggest, the most multidimensional and coordinated monetary policy intervention in the history of mankind(table).👇https://t.co/UC6ZzjY7Im pic.twitter.com/RVSy9w8SgW — Sebastian Sienkiewicz (@Amdalleq) March 16, 2020 They are shooting the last of their ammunition right now. … Read more

The Demise Of The Financial System Is Imminent

by Egon von Greyerz “Next five years is not about winning but surviving.” This is the headline of an article I wrote in early August 2019. At that point I was primarily thinking of economic survival. But now the world is facing multiple threats and multiple failures. As I have already stated, the Coronavirus is not … Read more

The Big Bang Is A Made Up Fairy Tale That Can’t Stand Up to Scrutiny

A new scientific study based on data from the Hubble Space Telescope was recently published which affirms what many other papers have reported in recent years: The so-called expansion of the Universe appears to be accelerating much too quickly to explain through any kind of known physics. However, plasma cosmology and the electric universe have … Read more

CHICK-FIL-A drive THROUGH IS ABOUT TO GET RIDICULOUS, DRIVE THROUGH ONLY

All others will follow suit im sure Chick-fil-A, Inc. @ChickfilA In an effort to manage the evolving impact of coronavirus on our communities, we are temporarily closing our dining room seating to help limit person-to-person contact. Learn more: In an effort to manage the evolving impact of coronavirus on our communities, we are temporarily closing … Read more

UPDATE–Ohio and New Jersey: Curfews, Bars Ordered To Close, Take-out Only …

Escalating Quickly: Hoboken NJ Announces City-Wide Enforced Coronavirus Curfew – All Citizens Must Stay in Their Homes 10pm to 5am… []Hoboken Mayor Ravinder Bhalla announced a citywide curfew will be in effect starting Monday. The curfew also places major restrictions on bars and restaurants. The curfew will be in effect from 10 p.m.- 5 a.m. … Read more

Wake up. 1.5 Trillion Circuit Breaker is socialism for Wall Street scams. You get no test kit, you don’t get a hospital bed. They get a bailout with no checks and balances.

It’s not a “bailout”, as I understand it: https://thehill.com/policy/finance/487279-fed-to-spend-15t-to-pump-liquidity-into-financial-markets-amid-coronavirus The New York Fed said in a Thursday statement it will drastically increase the scale of its repurchase (repo) agreements, during which it buys Treasury bonds and other securities from banks and traders with an agreement to sell the product back with interest the following day … Read more

Things are so bad even bears are hoping for a rally.

https://twitter.com/NorthmanTrader/status/1239509936020873218 With SPY trading down around 10% we are sitting near last weeks overnight lows around this level… let’s see what happens after futures open and then immediately freeze. https://t.co/yCrV7LlePl — The Long View (@HayekAndKeynes) March 16, 2020 The plumbing behind world’s financial markets is creaking. Loudly LONDON (Reuters) – The coronavirus panic is jolting … Read more