Get in Crash Positions

by Charles Hugh-Smith When the market goes bidless, it’s too late to preserve capital, never mind all those life-changing gains. Everyone with some gray in their ponytails knows the stock market has ticked every box for a bubble top, so …

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BlackRock and four other large institutions forced to write-off billions after Fitch Ratings downgrades China Evergrande to “restricted default” status.

After Fitch Ratings downgraded China Evergrande and some of its subsidiaries to “Restricted Default” status on Thursday, there was for the first time, widespread acknowledgement of the Chinese property giant’s failure to meet its debt obligations. “The downgrades reflect the …

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The COVER-UP?

by Martin Armstrong   While everyone still argues over the virus and which lab did what, they seem to gloss over the real question — Is this a diversion to hide the true motive?  This is why nobody in the …

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