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by Boo_Randy The Keynesian fraudsters at the central banks keep playing “extend and pretend” by pumping more created-out-of-thin-air liquidity into the financial system to stave off the inevitable financial reckoning day. In the entire history of the planet, “growth” financed with debt and central bank funny money is never sustainable in the long run, and … Read more
by dspaulding166 It seems that Friday, June 3rd, Deutsche Bank London Prime Brokerage, amongst 4 total accounts being terminated, will close up shop. Attaching DTCC link for reference, filed May 31st: DTCC Filing Accounts are as follows: DBTCA/DB AG LDN B CHEYNE SPEC’L SIT FD Deutsche Bank Trust Company Americas / Deutsche Bank AG … Read more
by Boo_Randy Meanwhile, in China, more dominoes are getting ready to topple over. https://www.macaubusiness.com/sp-downgrades-chinese-state-backed-developer-greenland/ Ratings agency Standard & Poor’s on Monday downgraded Chinese state-backed property developer Greenland over fears the company would default on a bond payment. Since a government drive to curb excessive debt in the property sector, China’s developers have sagged under the … Read more
by Lumberjack_Thunder Lisa Braganca on twitter: https://twitter.com/LisaBraganca/status/1532069031955427330
A global picture of inflation. pic.twitter.com/18Hoah2VJg — Daniel Lacalle (@dlacalle_IA) June 2, 2022 According to the IMF, the percentage of international currency reserves denominated in dollars has fallen below 59% to a NEW LOW of 58.81%. The monetary order is changing. — Gold Telegraph ⚡ (@GoldTelegraph_) June 2, 2022 Pres. Buhari likes to chant, “change … Read more
by SilverBoatSurfer Yet both gamblers AND economists are convinced this bear market and this recession will be the easiest of the three. The next housing collapse will be epic. Here we see copper rolling over into a death cross as global growth implodes. Many pundits forget that it was China that pulled the global economy … Read more
by SilverBoatSurfer How’s that “Build Back Better” working out for ya, ‘Murica? https://www.dailymail.co.uk/news/article-10878889/Gas-prices-hit-new-record-high-4-71-nationally-seven-states-5-gallon.html US gas prices have hit a new high of $4.71, just a day after hitting the record as seven states top off at $5 a gallon as inflation soars. The national average jumped four cents overnight, leaving drivers in even more despair as gas … Read more
by Chris Black This data is evidence that there are several dominant cultural trends in the United States that can only be described as anti-human. ONE QUARTER of our Population has mental health issues and that's only the ones that can afford to seek helphttps://t.co/y8fyKTSjr6 — LorrieNoSnow (@DippedMintChoc) May 25, 2022
by Chris Black The official communication channel of the European Commission to the youth of Europe made sure to remind everyone exactly what their priorities really are. Are they concerned with the demographic decline of the White/European race? No. Are they concerned with deteriorating educational standards in countries like Sweden, Germany and France? No. Are … Read more
by Chris Black The FBI assistant special agent in charge in Washington DC, Timothy Thibault, has extensive social media writings raging against white people, Southerners, Catholics, etc. Conservatives are wrong when they say this sentiment at the FBI is limited to high up political appointees. No. Thibault is representative of how the typical FBI agent … Read more
by Chris Black Little pro-tip for the junk news and disinformation peddlers at the SPLC: If an idea or position is embraced by almost half of the country, then that idea or position is by definition not “extremist” or “fringe.” It is, in fact, mainstream. And take a bow, lads, we made this possible. But … Read more
by Chris Black Imagine being so toxic and narcissistic that you ruined the rainbow, a word that used to mean “happy,” and the entire month of June. HEY SEXY PEOPLE, gay month is here! And to celebrate im going to host a raffle! 1 winner will receive either a couple full body pic or two … Read more
by Chris Black America’s political overclass constantly lectures Americans on “our shared values” and will often tell you “that’s not who we are” when peasants, still under the delusion that America is their country, believe they should have a say in it. So what are our shared values? Are they the fundamental rights enshrined in … Read more
by Thorbeans https://youtu.be/av3k_lcGm9g Whoever made that video or decision to post deserves to be fired. The thought process behind that is out of this world in their thinking, if not blatantly spotlighting government corruption. The whole entire market is a meme stock, to label small-mid cap stocks as meme stocks is manipulation in itself through fomentation. … Read more
America’s energy crisis is getting worse by the day, and U.S. consumers are about to face a triple threat: simultaneous shortages of electricity, oil, and gas. The recent closure of key power plants is leaving the country without enough generation capacity ahead of the summer. At this point, rolling blackouts are already a certain fate. … Read more
by Shaun Richards The last 24 hours or so have brought news of the economic clouds darkening over the Euro area. We can start with La Belle France where it turned out that the past was not what had been claimed. In Q1 2022, the decline of GDP in volume terms* (-0.2% in Q1, after … Read more
By Graham Summers, MBA The financial media is pushing the narrative that the Fed is about to “pivot” in terms of inflation. Put simply, the argument is that inflation has peaked, so the Fed won’t need to raise rates by 0.5% past the month of September, at which point it will either PAUSE raising rates … Read more
CNBC, Released on 6/1/22 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to discuss the Federal Reserve and his outlook for interest rate hikes later this year. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and … Read more
Among all consumers surveyed, 61.3% reported living paycheck-to-paycheck in April, a 9 percentage-point increase from a year earlier, LendingClub said in its report. To finance their lifestyles, higher-income households are more likely to put expenses on credit cards — but also more likely to be able to pay off their balance in full. US consumer … Read more
