3 times now in the last 5 days hedge funds have been called out for receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied and that this might create greater risk in times of stress. Why?

by Dismal-Jellyfish Looks like the Nellie Liang description was cutoff–here it is in full: “Staff at FSOC member agencies have been working to improve monitoring systems to identify potential emerging financial stability risks posed by highly-leveraged hedge funds. Work in this regard …

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Secede from Oregon? ‘Greater Idaho’ is on the ballot

https://www.foxnews.com/politics/secede-oregon-greater-idaho-ballot-two-conservative-counties The Greater Idaho movement proposes redrawing Oregon’s borders so that about two-thirds of the Beaver State’s land mass becomes part of neighboring Idaho. The movement has already gained support from nine counties in Eastern Oregon, and two more will …

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“Cryptocurrencies are not only an apocalyptic ecological disaster, and a greater-fool pyramid scheme, but are also incredibly toxic to the open web, another ideal that Mozilla used to support.” —Jamie Zawinski, Mozilla blinked.

I am happy for whatever part I played in getting them to rescind that terrible decision. Cryptocurrencies are not only an apocalyptic ecological disaster, and a greater-fool pyramid scheme, but are also incredibly toxic to the open web, another ideal that Mozilla used to support. …

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Yellen on Tracking Every Transaction $600 or Greater

by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/10/Yellen-Lummis.mp4 Treasury Secretary Janet Yellen is now defending the Biden administration’s proposal that would require banks to report ALL data to the Internal Revenue Service (IRS) on transactions over $600. With the NSA collecting every email, phone …

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Money As the Greater Depression Deepens

by Doug Casey via International Man We talk a lot in these pages about what to do with one’s money, but I question whether most subscribers (forget about the public at large) have an adequate grasp of the basics. Without it, …

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The More Lefties Call Trump “Unstable,” The Greater The Contrast Between The Nation’s Actual Peace And Prosperity, And Their Nonstop Hyperventilating

Bill Weld launches GOP presidential exploratory committee. Former Massachusetts Gov. William F. Weld is launching a presidential exploratory committee to challenge President Trump in the Republican primaries, saying the country is “in grave peril” and he “cannot sit quietly on …

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