$50b in Chinese purchases of US agricultural goods is physically not possible.

https://twitter.com/CarolForden/status/1205292160444174337 I do sincerely hope that the Phase I will finally get signed. Then people would finally notice that it was just a 'smoke screen' for #stockmarkets . After a brief rally and few 'green shoots' from CB and China stimu, the world #economy will continue to sink.#Brace. — Tuomas Malinen (@mtmalinen) December 12, 2019 … Read more

US/China trade deal ‘close’ timeline: updated

by Adam [Now updated to December…]   Fool us once, shame on you. Fool us twice, shame on us. Fool us daily for a year…..what the hell is wrong with us???   January February March April May June July August September October November December   Just keep believin’……..  

Chicago, Detroit “Least Prepared” for a Recession: Moody’s

via wirepoints: Moody’s says 23 of the nation’s 25 largest cities are ready for a recession. Two aren’t. They are Detroit and Chicago. Both cities are junk-rated by Moody’s. Moody’s analyzed four key factors to determine which cities are ready for a recession: fiscal volatility, reserve coverage, financial flexibility and pension risk. The top cities in … Read more

The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk bonds when you can earn 11% in direct lending?

The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk bonds when you can earn 11% in direct lending? pic.twitter.com/9oqODRksaS — Tracy Alloway (@tracyalloway) December 12, 2019

Ponzi Finance has gone global, central banks couldn’t even leave during recovery

💉💉💉☠️The World is Being LBO'd☠️💉💉💉 Central banks couldn't even leave during recovery #LIQUIDITY💦 #MoreDebt– Structural problems? #MoreDebt– Insolvency? #MoreDebt– Decades of Failed policy? #MoreDebt#PonziFinance has gone global World at 330% debt-to-GDP (IIF) pic.twitter.com/ZTpb62w7s6 — M/1_LP (@MI_Investments) December 12, 2019 https://twitter.com/Machiavellecon/status/1205119239440551938 In Sweden, the central bank is out of ammo and wants to hike, because they … Read more

YouTube thought police starts purging ‘veiled & implied threats’ under vague new guidelines.

Internet and media personalities have come out in force against YouTube’s crusade against “harassment,” worried that the extremely vague and ill-defined new rules will be used to selectively target users for their political views. Announcing the move in a blog post on Wednesday, YouTube said it was revamping its harassment rules in response to criticism, taking aim … Read more

Is The Great Freeze Returning to Our Planet

1709 the Great Freeze, now we have a Category 3 Ice Hurricane that rolled over Iceland with the fastest winds and most snow ever recorded in the nation. 150 mph winds with seven feet of snow. USA snow into Alabama and SE where below freezing has happened for the second time his season, very rare … Read more

99.98% conviction rate, China, Saudi Arabia? No, Japan. The “system cannot be wrong, no matter what”

Fascinating look at Japans criminal justice system. The “system cannot be wrong, no matter what” Every system of justice is inevitably found to be unjust. The question is in which direction, and how far. This is a fairly basic outline of Japan’s idiosyncratic nature. Sort of an easy week for me. Hope you like it! … Read more