Lehman Brothers was just kindergarten compared to Evergrande Group…. Evergrande Group is the MOTHER of all Lehman Brothers. it will make Lehman Brothers look like a pathetic insect.. you have been warned…. View post on imgur.com China's major banks have …
It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange …
$VIX / $VVIX showing some definite signs of perking up lately- Exceeding Aug highs & breaking this downtrend would be a time to pay attention pic.twitter.com/YVMS6jNpS1 — Mark Newton CMT (@MarkNewtonCMT) September 8, 2021 https://twitter.com/MFHoz/status/1435612687313117185 FED'S WILLIAMS: ASSET VALUES ARE …
In today’s show, you will learn why a debt default by China’s Evergrande could threaten to crash global markets, why a former Fed official is warning of an imminent financial crisis the Fed is unprepared to stop, why large-cap stocks …
Doomsday For Evergrande Arrives As Creditors Demand “Immediate” Payment, Bonds No Longer Eligible Collateral Just days after Evergrande’s bonds hit new all time lows after “China’s Lehman” warned that the company with over $300 billion in debt and which many view as …
China's PPI will print at the highest level since Lehman collapsed in September 2008 — zerohedge (@zerohedge) June 9, 2021 China launches price controls. *CHINA VOWS TO CONTROL CORN, WHEAT, PORK PRICES AFTER PPI SURGE*CHINA TO KEEP PRICES OF GOODS …
Archegos Capital Management, a private investment first based in New York, resorted to a huge fire sale of stocks worth $20 billion on Friday that caused big drops in the share prices of companies linked to the investment firm, putting …
February was bad. Housing market weakness is now spreading out from London. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. London home prices in February took their biggest one-off hit since the dark days of the last crisis, according to data …
Josh Sigurdson talks with author and economic analyst John Sneisen about the continued crash of Deutsche Bank as the once major bank is shrunken down to the size of a small lender. With a market capitalization of only a quarter …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It gets serious. Margin calls? No one knows what the total leverage in the stock market is. But we know it’s huge and has surged in past years, based on the limited data we have, and …
Hedge fund manager David Einhorn is blasting Tesla again. The investor compared the electric car maker to his most famous and prescient bearish call on Lehman Brothers.”Like Lehman, we think the deception is about to catch up to TSLA,” Einhorn said in …
Greenlight Capital’s David Einhorn predicts Tesla will report a “large revenue and earnings disappointment” in its fourth quarter. “Like Lehman, we think the deception is about to catch up to TSLA,” Einhorn said in an investor letter Friday. Hedge …
via RT The collapse of banking giant Lehman Brothers was the catalyst for a financial crisis in 2008. What could cause a new great recession a decade later? The Boom Bust show investigates. Professor Ronald Filler, who was a top …
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Ten years ago, the collapse of Lehman Brothers signaled that the U.S. was hurtling toward a financial crisis. In the years that followed, consumers faced difficulty managing debt as the economy contracted, unemployment accelerated and incomes stagnated. The Federal Reserve …
via The Bear Trap Report *LIRA DROPS TO NEW RECORD AS TRUMP STEPS UP TARIFFS ON TURKEY *TRUMP AUTHORIZES DOUBLING OF TARIFFS ON TURKEY STEEL, ALUMINUM *USD/ZAR SURGES 2.1% TO 14.3829, HIGHEST SINCE NOVEMBER 2017 *Indonesian rupiah, the currency at …
via nikkei: The 2008 “Lehman shock” is finally catching up with China. Beijing beat the odds for a decade, with the Chinese economy growing at above 6.5% year after year. It managed that feat with an epic explosion of credit and …
https://twitter.com/OccupyWisdom/status/1003300421975400454 Markets dont care until they care. That’s why it’s called “panic” Look at the close behaviour:What if DEUTSCHE BANK becomes LEHMAN BROTHERS…. and kind of defaults? pic.twitter.com/H33MLDCcBN — Antonio Iruzubieta (@airuzubieta) June 4, 2018 MERKEL and DRAGHI will meet …
https://twitter.com/OccupyWisdom/status/995820717173280769 We have been bringing our Tesla into service several times regarding steering problems and they kept telling us they can’t find anything and assured us it’s safe to put our kids in it. My wife refused. Then this happened. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But there is no Financial Crisis. These are the boom times. Given Americans’ ceaseless urge to borrow and spend, household debt in the third quarter surged by $610 billion, or 5%, from the third quarter last …
by James Quinn In case you haven’t noticed February 2016 is September 2008 all over again. Deutsche Bank is dead bank walking. It’s collapse will unleash a whirlwind of pain upon the global economy that is already teetering. The market …
With Euro-zone banks showing renewed signs of crisis (Deutsche Bank deleveraging by a massive €425 billion over the past year- the fastest pace since the 2011 near-Euro collapse, and Barclays admitting a £12.8bn capital shortfall Tuesday) and fundamental indicators in …