by Simon Black By the summer of 1563, all of Britain had plunged into chaos over religion and the Reformation. King Henry VIII broke away from the Catholic church back in the 1530s, sparking a near civil war within the …
By Egon von Greyerz The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of its participants. The one Swiss and three US banks that just went under is just a …
by Chris Black Having sold off virtually all significant state-owned enterprises to the West, the Ukrainian government is not going to stop. The British newspaper The Telegraph reported that executives of the British defense industry visited Kiev to discuss the …
Typo: Meant to say AWAY from US dollars. — Wall Street Mav (@WallStreetMav) January 19, 2023
by Chris Black Speaking of Ziocon ecosystem, think along the lines of Blaze TV, Fox News, TPUSA et al. The ziocons figured out that it’s easier to pay him than it is to fight him. “The line between BlazeTV, between …
https://twitter.com/WallStreetSilv/status/1554504799848058881
via kitco: “Bankruptcy happens gradually, then suddenly,” Ernest Hemingway All signs point in the same direction. We are heading toward another financial crisis and, this time, it will likely be much worse than 2008. There is a growing chorus of economists …
by Dave Kranzler of Investment Research Dynamics “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” – “The Sun Also Rises” – Hemingway Zillow Group stock plunged 24% this morning after reporting Q3 numbers that missed revenue …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “People are concerned about all that capital chasing limited opportunities.” After a decade of “emergency” measures such as QE and zero-interest-rate policy designed to pump up asset prices – now ended – we get this: “Everyone …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And some of the rot is oozing to the surface. The sell-off on Tuesday didn’t weigh on the scale of sell-offs: The Dow, the S&P 500, and the Nasdaq were down only around 0.5%, give or take a …