When Lehman Brothers declared bankruptcy ten years ago on Friday, the question on everyone’s minds was simple: “Who’s next?” If a pillar of Wall Street worth hundreds of billions of dollars just months before couldn’t be trusted with the public’s …
via newsweek: Where the Money came From Federal Reserve $8.2 trillion; included bank loans and asset guarantees. Treasury Dept. $6.8 trillion; included TARP funds, stimulus spending, and tax benefits. Other $654 billion; included $134 billion from FHA to guarantee residential mortgages. …
Greg Hunter gives The Weekly Wrap Up for Friday, January 11th, 2019 According to renowned gold investor Jim Sinclair, the global debt reset that has been long predicted has begun. Lots of debt that will never be repaid will be written down around …
by Kimble Charting Is 2018-2019 going to be a repeat of the 2007-2008 crisis for the home builders? One indicator/index to watch is the Dow Jones Home Construction Index. This index experienced a bearish divergence just before the 2007 stock market highs. …
via WSJ: No U.S. company rated below investment grade has issued bonds since November—the longest stretch without a high-yield sale in more than two decades—reflecting investors’ concerns about market volatility and the durability of the long-running expansion. December was the …
The Financial Reset Will Remove The Old Guard & Give Birth To A New Power I wonder how this country and government will look a year from now. X22 Report date: 01.09.2019 Dems create false flags with Russian bots and …
https://www.youtube.com/watch?v=f4umTvvMFKI We will not be ok if we follow the same system. Fed and central banks need to go and reset the economy. Doing the same thing again when it failed is the definition of insanity. RC
by Michael Snyder Stock markets are crashing all over the world, we are seeing extremely violent “flash crashes” in the forex marketplace, economic conditions are slowing down all over the globe, and fear is causing many investors to become extremely …
via Daniel Lacalle: With the 10th anniversary of the Lehman Brothers bankruptcy having just passed and the recent stock market drop, the fear of a new financial crisis is palpable. And those fears are justified. The question is not whether there …
Money has always been concentrated. Whether it’s geographic concentration or in terms of the societal aspect. Today we see a wealth gap which hasn’t been observed or a very long time. The middle class is disappearing and the majority of …
by Michael Snyder Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade. Not since the last financial crisis have we had a year like this, and many …
via businessinsider: In the life of a decade-long credit cycle, the global economy’s current condition shows it’s firmly heading toward a downturn, according to a new analysis from Nomura. A single cycle is historically a decade long. The beginning is marked …
It is common knowledge that Theresa May’s husband Philip essentially acts as the unofficial advisor to the Prime Minister.. Whilst it is pretty obvious that almost all married couples act as informal advisors to each other.. the PM’s husband has …
In today’s video, Christopher Greene of AMTV warns of an impending Stock Market Crash 2018. https://www.youtube.com/watch?v=7ppBLRHy0DE
Bill Holter interviewed by James Howard Kunstler on KunstlerCast Bill Holter joins the KunstlerCast for an up-to-date and hard-hitting interview on the current state of the economy. Think the breakdown of our financial system is a possibility? Bill Holter says it’s not a possibility …
by John Rubino California Governor Jerry Brown inherited a $27 billion deficit from Arnold Schwarzenegger eight years ago. This month he’s leaving his successor a $13.8 billion surplus and $14.5 billion in rainy day fund balance. Pretty good right? Approximately …
by Dave Kranzler of Investment Research Dynamics Bloomberg posted an article this morning describing the Collateralized Loan Obligation market as “Wall Street’s Billionaire Machine.” But I seem to recall that the CLO market was one of the financial nuclear bombs that blew up and triggered …
by Rudi Fronk and Jim Anthony via Streetwise Reports On Wednesday, the Fed raised the Fed Funds rate by a quarter point as expected. The FOMC statement was suitably “dovish” by reducing the consensus forward guidance on future rate hikes from three to two. The …
This was a different sort of video. Seemingly all over the place. But the truth is that the dangers are all around us. We are living in a world where people are relying on pensions, 401k, retirement accounts and that …
by Lynette Zang of ITM Trading We are in process of transitioning the financial system now and it appears that enough risk has been transferred from the elite to the masses. If I’m correct, the next financial crisis has begun. As a result, …
by Michael Snyder Just when you thought that things couldn’t get any worse, they did. During normal times, a Friday before Christmas is an extremely boring trading session, but these are not normal times. On Friday, the Dow Jones Industrial Average …
Major financial news outlets, past heads of the US Fed & Treasury and central banks are at this point not so quietly warning about not just an approaching recession, but quite possibly another global financial crisis. From the Bank for …
The philanthropist has become a standard bearer for liberal democracy, an idea under siege from populists. “It was a tremendous boost to reinforce my belief that we are doing something right,” says Mr Soros. “We haven’t stopped having a beneficial influence.”.. …
Investors to Corporate America: You’ve got a debt problem New York (CNN Business)It’s getting awfully difficult for investors to ignore Corporate America’s mountain of debt. Fears of an economic slowdown — or even recession — have turned a spotlight on …
https://youtu.be/AdPukQ96vEA Economist and author, Michael Hudson, in his new book “…And Forgive Them Their Debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year,” shares with journalist Chris Hedges how Ancient cultures forgave debt cyclically to prevent …
$21 TRILLION of Pentagon financial transactions “could not be traced, documented, or explained.” $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon. And that’s …
via telegraph.co.uk: The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned. Giant “central counterparties” (CCPs) that clear much of the $540 trillion (£428 trillion) …
” Since its peak in late January, the S&P 500 financials index has fallen more than 20%—typically considered the threshold for the start of a bear market. Concerns about economic growth and the increasing cost of borrowing money may be making investors …
You are young, financially independent, head over heel in love with each other. You feel like the whole world is your oyster. Nothing can go wrong. But then it does. You don’t know when or how friction starts happening. You …
