‘The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system.’

CHARLES HUGH SMITH: Global Bankruptcy Already Baked In Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. It’s really that simple. In eras of easy credit, both creditworthy …

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Robin Brooks: ‘Global recession is coming. Most manufacturing PMIs recovered late last year, but that period of respite has ended.’

Global recession is coming. Most manufacturing PMIs recovered late last year, but that period of respite has ended. All across Europe, manufacturing PMIs have rolled over and are turning weaker again. pic.twitter.com/hOo1XLVfBa — Robin Brooks (@robin_j_brooks) April 3, 2023 On …

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Global banks trading volume rose sharply since the end of February. These major bank collapses will cause a massive ripple in the system

by BoatSurfer600 This ship is heading for a iceberg 🚨 Getting out now before it it gets ugly ? pic.twitter.com/AJNNoACJAO — Wall Street Mav (@WallStreetMav) March 29, 2023 Billion dollar banks are trading like shitcoins pic.twitter.com/6Wc0DfUr5t — Financelot (@FinanceLancelot) March …

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Global Banking Collapse Has Begun

by Chris Black For you zoomers too young to remember 2008, this is how it starts: When the SEC calls around, it’s usually too late already. This is basically a slow motion mathematical train wreck. There’s always the possibility of …

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Weaponizing Global Depression

by Charles Hugh-Smith All this suggests a strategy that’s only available to those few nations with these capacities: weaponize global depression. Before we get started, I need to stipulate that I don’t have an opinion one way or the other …

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