by Frank Shostak via Mises In the July 26 Financial Times article entitled “Is the Dollar about to Take a Turn?,” Barry Eichengreen writes that the US dollar has had a spectacular run, having risen more than 10 percent against other major currencies since the …
A dollar store manager (in red) in Bronx, NYC witnessed multiple thefts in her store on Aug. 14. She called police multiple times. When she tried to stopped two thieves herself, she was beaten & choked. The attack happened at …
https://twitter.com/leadlagreport/status/1560683383654596608 https://twitter.com/MFHoz/status/1560629549054173184 In August 2008 people were bullish stocks when oil leveled off after its first decline. It wasn't until oil started its 2nd leg down on September 2nd that the panic began. https://t.co/iCd0ryRbV1 — Financelot (@FinanceLancelot) August 19, 2022 …
by BoatSurfer600
Russia and Turkey have reached an agreement in principle to switch some of the payments for Russian natural gas to rubles as part of deepening trade ties between the two countries, the Turkish energy ministry announced on Thursday. The move …
Coinbase’s revenue declined almost 64% in the quarter as cryptocurrency prices fell. The exchange operator lowered its full-year forecast for transacting users. Coinbase said during the quarter it was trimming 18% of headcount. Coinbase shares dropped in extended trading on Tuesday …
by Paul Craig Roberts via PaulCraigRoberts.org As I recently wrote, the US no longer has an economy. America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans. The US which once produced its own manufactured …
Virginia Democratic congresswoman Elaine Luria is defending her multimillion-dollar stake in a company that even prolific stock trader Nancy Pelosi (D., Calif.) thinks is too controversial. Luria holds up to $25 million in computer chip designer Nvidia, the same company Pelosi’s husband …
NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s …
This story involves a knotty area of US bankruptcy law, so bear with me… First: Secured vs unsecured creditors. Unsecured creditors are lending without requiring the borrower to put up any assets as collateral or security. Secured creditors do require …
KYIV, July 21 (Reuters) – Ukraine’s central bank devalued the hryvnia currency by 25% against the U.S. dollar on Thursday to help the country cope with the growing economic impact of the war with Russia. The National Bank of Ukraine …
https://robberhalt.com/state/rhode-island/an-armed-robber-stole-22000-in-one-dollar-bills-from-strip-club/
by Boo_Randy Another day, another sinking fiat currency. This is why we stack, brothers & sisters! https://english.alarabiya.net/business/economy/2022/07/19/Indian-rupee-hits-record-new-low-breaches-80-per-dollar- The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its …
by confoundedinterest17 Here we go doom loop de loop? The dollar’s gain is the world’s pain — and based on its current trajectory, the world may be in for a whole lot more discomfort. Concerns over global growth have recently sent the US Dollar …
by Boo_Randy ECB has already announced “unlimited” bond buying…all central banks are in a race to debase, so expanding their balance sheets is the exact opposite of “tightening” or fighting inflation. https://www.bloomberg.com/news/articles/2022-07-15/ecb-bond-tool-seen-having-no-limits-as-steeper-rate-hikes-loom#xj4y7vzkg
The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against …
by Chris Black Every currency is de facto pegged to the dollar, so when the dollar collapses, it is actually boosted over other currencies, because other currencies collapse quicker. The euro dropping below the dollar is actually – counter intuitively …
by BoatSurfer600 Source: https://www.reuters.com/business/chinese-property-developer-shimao-misses-repayment-1-bln-bond-2022-07-03/
by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the coming digital world order as Jerome Powell admits that the US dollar is at risk of losing its standing as the world reserve currency. …
Via Birch Gold Group From Peter Reagan There isn’t any doubt, when inflation accelerates like it is right now, the lower income class has their financial worlds turned upside down. After all, that’s what happens when most of the food that we …
Russia and China are developing a new reserve currency with other BRICS countries, President Vladimir Putin said. The basket currency would rival a US-dominated IMF alternative and let Russia widen its influence, an analyst said. Russia is ready to develop a new global reserve currency …
Resist digital fiat. It's like paper only it gives the CBs more power and less accountability. — John Tuld (@BradHuston) June 17, 2022
by Martin Armstrong QUESTION: Marty, Socrates is worth its weight in something far more valuable than gold. I want to congratulate you for you are the ONLY adviser who nailed not just the cryptocurrency bloodbath, but that the dollar would rise when everyone …
by confoundedinterest17 Memorial Day weekend is one where families often travel to meet relatives and friends, or travel to Washington DC to remember those who have died in the service of our country. But traveling has gotten a lot more expensive …
by Boo_Randy Coming soon to a Fed-debauched currency near you. Stack accordingly. https://english.alarabiya.net/business/economy/2022/05/25/Turkey-s-lira-falls-beyond-16-3-vs-dollar-as-FX-need-grows Turkey’s lira slid beyond 16.35 against the dollar on Wednesday to its weakest level since the depths of a December crisis, as analysts questioned authorities’ ability to …
BY DAVID HAGGITH Jeff Gundlach warns of real recession … Greg Hunter, Peter Schiff: “Transitory inflation” leads to dollar collapse … Danielle DiMartino Booth: Here is when the Fed’s ‘housing inflation’ will break … Bob Moriarty: “It’s Going To Be Brutal” …
