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By David Stockman CAGR Since Q4 2007 Pre-Crisis Peak: Nominal GDP…………3.31% (brown) Currency………………..7.04% (blue) Savings deposits……..8.03% (green) Checkable deposits….11.82% (purple)
Wolf Richter of Wolfstreet.com actually ran the numbers of how much governments steal per year through financial repression from savers and retirees in the US alone. So now we have … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In the US alone, it impacts nearly $40 trillion. And there are consequences for the real economy (10 minutes).
by confoundedinterest This week, Turkey further roiled markets by preventing foreign banks from accessing the liras they need to close out their swap positions. That’s made it almost impossible for bankers to short … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This will dog the stock market going forward. Fixed-income investors – a financially conservative bunch buying Treasury securities, FDIC-insured CDs, and similar products that largely eliminate … Read more
RT, Released on 9/4/18 In this episode of the Keiser Report, Max and Stacy discuss the update to the financial repression index and how ‘quantitative easing’ shifted wealth to stockholders … Read more
by Thinker Trump tweet: “It’s a Democrat Con Job!” The Rigged Witch Hunt, originally headed by FBI lover boy Peter S (for one year) & now, 13 Angry Democrats, should … Read more