The IMF’s surveillance cycle for China is wrapping up, and at least judging from the press release, China’s balance of payments was not a focus of the conversation. That is unfortunate. I, of course, believe that the balance of payments …
The $2.5 quadrillion in derivatives held by the banks that will cause the financial system to collapse first. “It has already started to crack– It cannot be stopped,” a Mossad source says The Unavoidable Crash After years of ultra-loose fiscal, monetary, …
House Financial Services Committee Chair Maxine Waters told the panel’s Democrats she doesn’t plan to subpoena former FTX CEO Sam Bankman-Fried to testify at a Dec. 13 hearing about the crypto exchange’s rapid demise, according to people with direct knowledge …
At a previous Congressional hearing last year, Rep. Maxine Waters blew Sam Bankman-Fried a kiss. SBF is now set to appear before her next month to answer questions about FTX. pic.twitter.com/XqiV0t7oDm — Ian Miles Cheong (@ianmiles) November 17, 2022 Absolutely …
Zelenskyy has come to embody the courage and resilience of the Ukrainian people. His decision to remain in Kyiv rather than accept a US offer of evacuation was one of the most consequential moments in the war https://t.co/ytFRDsS8qP pic.twitter.com/DpbCFf8l7d — …
The Savings Rate in the US has moved down to 2.3%, the 2nd lowest level on record with data going back to 1959 (lowest was 2.1% in July 2005). Charting via @ycharts pic.twitter.com/fcxolzxU4y — Charlie Bilello (@charliebilello) December 2, 2022 …
This is the fifth consecutive month of of month-over-month declines, and pending home sales have now fallen in 11 of the last 12 months.https://t.co/895uWSQ2Hd — HousingWire (@HousingWire) November 30, 2022 First-time homebuyers priced out by speculators and corporate “investors” flush …
Did you ever stop to wonder if the Feds reckless monetary policies of the last 20 years led to everything we are seeing today, where risky bets and businesses were encouraged? Or will that take 10 years for the PhDs …
by Charles Hugh-Smith Once assets are revealed as worth far less than claimed, insolvency is the inevitable result. If you haven’t plowed through dozens of post-collapse commentaries on FTX, I’m saving you the trouble: here’s a distillation of what matters …
by Chris Martenson of Peak Prosperity “The financial collapse or financial doom that could happen, if we’re not careful, is gonna hurt a lot more people.” FULL SHOW NOTES AND LINKS HERE
by Michael Sometimes I think that we truly are living in Bizarro World. We just witnessed one of the most horrible financial disasters in years, and economic activity is dramatically slowing down all around us, but Wall Street is celebrating. In …
Global Financial Crisis ("GFC") era layoffs were in the 20-30K at a time range. This is a MATERIAL cut (this isn't 400-500 workers cut). Wowzers! https://t.co/Y08BJJ5wJL — Gordon Johnson (@GordonJohnson19) November 9, 2022 Big Breaking#Facebook Parent $Meta Lays Off More …
Gold breaking out just weeks after financial media claimed the metal was dead. pic.twitter.com/eVl1yyPtxu — Otavio (Tavi) Costa (@TaviCosta) November 8, 2022
Annual changes in the Fed's Balance Sheet… pic.twitter.com/wDCYRvLauv — Charlie Bilello (@charliebilello) November 7, 2022 h/t Boo_Randy
History suggests financial crisis on the horizon – Fed is hiking into an inverted yield curve, clock is ticking. pic.twitter.com/Yg9KmO3ex1 — Puru Saxena (@saxena_puru) November 8, 2022 *GERMANY WARNS US OF POSSIBLE TRADE WAR I said this weeks ago — …
The President of the European Commission, Ursula von der Leyen, spoke today with President of Ukraine, Volodymyr Zelenskyy. The main focus of the conversation was on ensuring financial support for Ukraine in the months ahead. President von der Leyen informed …
Source: https://www.federalreserve.gov/publications/files/financial-stability-report-20221104.pdf Against this backdrop, our view of the current level of vulnerabilities is as follows: Asset valuations. Higher interest rates and a weaker outlook for the economy led prices of financial assets to fall amid heightened volatility, but real estate prices …
Contents: Chapter 1 analyzes the policy response of central banks to high inflation, the risks of a disorderly tightening of financial conditions, and debt distress among emerging and frontier markets. Markets have been extremely volatile, and a deterioration in market liquidity …
By Matthew Piepenburg In this brief yet engaging discussion with Jim Lewis and Ivan Bayoukhi of Wall Street Silver, Matterhorn Asset Management principal, Matthew Piepenburg, addresses further evidence of the U.S. Fed’s undeniable distortion of basic capitalism, social equality and global …
by Chris Black Very good video, watch it and share it. https://odysee.com/@ComputingForever:9/melissa2-Broadband-High:d For those catching up, here is what’s coming fast. “Programmable money offers a broad range of new use cases that include spending restrictions, triggers and limits“ Maybe add …
Global financial markets should brace for a period of decline that will be more severe than the crashes of the 1970s and 2008, according to renowned economist and New York University professor Nouriel Roubini. He told Bloomberg on Thursday that …
Banking crisis — the Great Unwind There is a growing feeling in markets that a financial crisis of some sort is now on the cards. Credit Suisse’s very public struggles to refinance itself is proving to be a wake-up call …
The seeds of the next financial crisis are germinating as the Federal Reserve is broke as it is now running a deficit and foreign banks are taking short-term loans from the Fed since ran out of dollars. Prior dollar shortages …
Giving Bernanke the memorial Nobel in economics for the study of financial crises is the econ equivalent of giving Kissinger the Nobel peace prize — Nathan FOIA Tankus (@NathanTankus) October 10, 2022 Ben Bernanke just won the Nobel Prize for …
by Chris Martenson of Peak Prosperity This Financial Crisis Will Be 10x Worse Than 2008 FULL SHOW NOTES AND LINKS HERE
Chancellor Kwasi Kwarteng’s unfunded tax-cutting spree was the wrong move at the wrong time, triggering a political and economic meltdown. Yet the worst seems to be over after he reversed his move to cut the 45 percent income tax band, …
by VotingIsForLosers A derivative is a contract that derives its value and risk from a particular security (like a stock or commodity)—hence the name derivative. Derivatives are sometimes called secondary securities because they only exist as a result of primary securities like …
by Michael In less than one year, 46 trillion dollars in financial wealth has been wiped out. If that isn’t a “crash”, how would you define one? Since last November, stocks and bonds have been plunging all over the globe. …
