Source: Zerohedge Using joint EU debt and the ECB printer to try to print energy is going to be a disaster. They should go ahead and do it. They need to do everything wrong first before they reach the …
by Charles Hugh-Smith We are going through one of those phases of time where almost every economic road goes through the United States. It is always of significance as the world’s largest economy but at the moment developments mean that …
by Shaun Richards In the current melee where central banks essentially compete to match the moves of the US Federal Reserve some try to stand out.We have the Bank of Japan which sticks like glue to its -0.1% interest-rate and …
pic.twitter.com/jkXkGhDzkH — TailBak (@bakhawkdown) October 5, 2022 For once, I’m going to be ready to buy distressed sales h./t John Dutton
Mortgage rates continue to fill the headlines as the fallout from the Chancellor’s tax cutting mini-Budget hits borrowing costs. While the Government has now reversed its decision to cut the 45p top rate of income tax for high earners, last …
That, of course, doesn't include property taxes, insurance, HOA fees, or PMI. — Lance Lambert (@NewsLambert) September 27, 2022 NO WORDS. pic.twitter.com/d6aXMGytPw — Dan Tapiero (@DTAPCAP) September 27, 2022
by Boo_Randy The UK sheeple, like their Murican counterparts, are going to pay a terrible price for electing stooges of the oligarchy who gave the Keynesian fraudsters at the BoE free rein to carry out its reckless monetary malpractice. Now …
by Shaun Richards This week has been all about interest-rates and this morning has brought something really rather significant. One of the signals of that sort of thing is that few mention it. So without further ado let me hand …
by Anonymous guest Right now you have people split into two camps. The fed should raise rates to fight inflation camp, and the fed should lower rates to save the economy camp. This is a false dichotomy constructed by the media …
By Paul Craig Roberts The Federal Reserve has a long record of mistaken decisions. Unless the Federal Reserve’s intent is to collapse the economy, the current policy of higher interest rates will go down as the most mistaken reading of the …
The interest rate on your credit card just hit an all time high. — zerohedge (@zerohedge) September 21, 2022 Americans go for cheap groceries stores pic.twitter.com/tI6XSQHlla — Alessio (@AlessioTMAD) September 21, 2022 The Fed's HFL–rates are going Higher, getting there …
by silvertomars It is already the same size as military spending… and is approaching US social security spending which makes up $1.2 trillion… US budget revenue is $4 trillion… either we will have to dramatically cut spending or we will …
by Companion I work for a prominent Investment Real Estate Firm and at our team meeting today our CEO said he expects Mortgage Interest Rates to top 9% over the coming months. This will crater the demand for housing and …
by silvertomars Wells Fargo Housing Market Index is now below where it had been in May 2006, on the way down into the Housing Bust At a 6% interest rate, monthly mortgage for a $500K home is 40% higher compared …
By City A.M – The US Federal Reserve and the Bank of England this week are set to hike interest rates steeply again in a bid to chase down scorching inflation, investors are betting. The two central banks are expected …
by boring–planet No international coordination; and how should that reduce the importing of inflation if everyone is doing it?!
The central bank boosted its benchmark Leliq rate by 5.5 percentage points to 75%, according to an emailed statement. The move comes a day after data showed consumer prices jumped nearly 79% a year in August, the fastest pace in …
by Chris Black I have said that raising interest rates is actually going to increase inflation. People have confronted me about this, but what I’ve said is actually very simple and obvious: Raising interest rates lowers the wealth of the …
by cranialrectumongus Here’s my proverbial two cents on this matter. I’m old and have seen a lot. Doesn’t in anyway make me an expert but it also is not without some value. The market already knows about inflation and recession. Markets …
by Amy S. Top 3 Reasons a Recession in 2023 Could Happen . Recessions are normal, cyclical, and healthy. They are also temporary. For the first time since President Trump was elected, more voters say that the national economy is getting …
by Harvey Organ of Harvey Organ Blog //GOLD DOWN $14.00 TO $1735.75//SILVER DOWN 17 CENTS TO $18.99//PLATINUM UP $22.00 TO $875.10//PALLADIUM DOWN $138.35 TO $1989.30//EURO BREAKS THE PARITY BARRIER TRADING AT 0.9933 TO THE DOLLAR//EUROPEAN ENERGY CRISIS ESCALATE WITH ANOTHER RUSSIAN SHUTDOWN//UK PORTS …
by silvertomars Many warning lights are now flashing red for the US housing market… US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High Mish Shedlock: The Average US Household Pays 47 Percent More for Electricity Than a …
by Shaun Richards It was only last week that we began with an interest-rate cut in China to boost its struggling property market. Thus this morning we got a splash of deja vu or if you prefer groundhog day. The …
by Shaun Richards The last week or so has seen a bit of a change in bond markets and some of it has come from the rhetoric of central bankers as we set yet more open mouth operations. Today Isabel …
by Shaun Richards This week has already brought news confirming one of our themes.It links to the idea that you should look at what people do rather than what they say. The People’s Bank of China (PBOC) said it was …
The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the …
by Chris Black Everyone knows this new tax collector program will be used primarily to harm political dissidents and middle class whites. https://twitter.com/lp_idaho/status/1557384768941064192 The Carried Interest Loophole was saved by Democrats
by Chris Black This is “stop being poor” privilege on display. Carried interest is cut from Inflation Reduction Act. Here's how tax break benefits high-income taxpayers https://t.co/0v7WC4MAef — CNBC (@CNBC) August 8, 2022
by Shaun Richards Yesterday was an intriguing day and no I am not referring to the record numbers watching Flight Radar to follow the flight carrying Nancy Pelosi to Taiwan. What we saw was a stepping up of open mouth …
JUST IN – U.S. Federal Reserve raises interest rates by 0.75% for the second consecutive time. — Disclose.tv (@disclosetv) July 27, 2022