Argentina IS IN DEEP DOO-DOO; Looks to DOLLARIZE Entire Economy After ALMOST in Late 1990’s

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planning to shift all Argentine debt to US dollar-denominations Roit-erz: “Argentina next week will issue dollar-denominated, 210- and 378-day Treasury notes and dual-currency bonds, the Finance Ministry said on Friday, without confirming the amount the sale seeks to raise. The South American nation will auction the instruments between Tuesday and Wednesday, and will provide further … Read more

This AI company is reading 110,000-plus tweets a second

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From Frank Holmes at Frank Talk: Satori is a distributed, decentralized AI “mesh.” That probably doesn’t mean anything to you right now, but Gabe believes it could change the world in a number of ways. In short, Satori aims to aggregate the world’s public information feeds – from Twitter to weather sensors – and distribute them in … Read more

FREE MONEY to residents of California city! They can “spend it any way they want” say officials

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The Universal Basic Income program will be tested in impoverished Stockton, California with some heavy backing from nearby wealthy Silicon Valley   A $500-a-month stipend will be given to 100 residents for 18-months  The money comes with no strings attached with the program aiming to see how raising the income floor will change people’s financial situation  … Read more

Here The Go, Again! Cov-Lite Leveraged Loan Issuance Is Soaring… Record Leveraged Loan Issuance In Q2 To Fund M&A

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Leveraged-Loan Risks Are Piling Up Rising interest rates have a peculiar effect. US junk-bond issuance in June plunged 31% from a year ago to just $14.5 billion, the lowest of any June in five years, according to LCD of S&P Global Market Intelligence. During the first half of the year, junk bond issuance dropped 23% from a … Read more

Insiders Reveal Secret Deal to Topple Iran Government!

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In this edition of Probable Cause Newsbud’s founder and editor Sibel Edmonds is joined by Spiro Skouras, as Edmonds reveals information obtained by multiple insider sources about a secret deal that was made to remove Iran’s current government by force! You will not hear this anywhere else! Stay tuned for related coverage exclusively for members … Read more

With Personal Debt Levels High, Potential US Recession Could Spell Disaster For Homeowners

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via Forbe: All politics aside, many economists are predicting a recession coming down the pipeline. What could that mean for people who live with large amounts of debt hanging over their heads, like mortgage debt? It could mean that homeowners will get creative to cover their expenses, and real estate innovators are already working to … Read more

World Premiere: Mike Maloney’s “Early Warning”

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3+ Hours of Insights on Stocks, Bonds, Bitcoin/Cryptos, Real Estate, the Dollar, Precious Metals… and Much More It’s been months in the making. And now it’s here! Mike has spent countless hours and late nights researching and compiling the best possible presentation to get you up-to-speed on the coming shift in the markets. You’ll be … Read more

RED ALERT: Global slowdown becoming evident, credit card interest rates are flying higher, The total leverage ratio in China: 400% at present

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Global Slowdown Becoming Evident Credit card interest rates are flying higher…. 2nd highest level since May 2001… Total revolving credit – new record high. In the words of Bob Dylan: The personal interest payments they are a’ rising I sense a difference in Powell's Fed. He seems unafraid of potential fin mkt declines, does not … Read more

Tencent music IPO listing in the US

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This has the potential for a lot of growth It has around 600 million users, although only about 15 million of them are paying subscribers. Sounds similar to developed countries 10 years ago where piracy was big but eventually people are prepared to pay a little for legit music and easy access they will do … Read more

Inverse ETFs Don’t Always Work

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by John Coumarianos Imagine two portfolios, A and B, worth $100 each. In the first time period, portfolio A gains 90% and Portfolio B loses 90%. So A is worth $190 and B is worth $10. Then, in the second period, Portfolio A loses 50% and Portfolio B gains 50%. So at the end of … Read more