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Then there are the dividends it pays its member banks. By Wolf Richter for WOLF STREET. In addition to a lot of smaller activities, the Federal Reserve does two financially huge things: in … Read more
by Charles Hugh-Smith The global economy and financial system are both running on the last toxic fumes of financialization and globalization. For two generations, globalization and financialization have been the … Read more
Off the charts market manipulation required a $64B Reverse Repo to get short term rates back under control….EVERYTHING IS FINE HERE! The total Fed Bailout money needed tonight is $504B!! … Read more
www.bloomberg.com/news/articles/2019-12-04/warren-is-drafting-u-s-legislation-to-reverse-mega-mergers?srnd=premium U.S. Senator Elizabeth Warren is drafting a bill that would call on regulators to retroactively review about two decades of “mega mergers” and ban such deals going forward. … Read more
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week, the New York … Read more
by: Evangelyn Rodriguez (Natural News) Vitamin D, also known as the sunshine vitamin, is important for the health of various organs and plays a role in many biological processes. This essential nutrient … Read more
by: Mike Adams (Natural News) Analysis: If the Democrats manage to impeach Trump in the House and achieve a conviction in the Senate, their drive to purge all conservatives from … Read more
via CNBC: Hedge fund titan Ray Dalio believes it is too late for central banks to reverse a global slowdown. Dalio is warning that current conditions remind him of … Read more
Yay for common sense against stupid ideas. YouTube is reversing course – and apologizing profusely – after an attempt to strip popular channels of their verification checks nearly triggered an … Read more
And it will cost more than the entire world’s debt. Get rid of cows. Stop eating meat. By eliminating meat it will cost 22.3 million American jobs. Eliminate airlines and … Read more
Reverse-repo is an agreement used by businesses and banks, such as the Federal Reserve, as temporary lending to fund operations. Meanwhile, the Federal Reserve uses reverse-repo to control the money … Read more
Dalio Says Central Banks Are Losing Ability to Reverse Downturns (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Ray … Read more
via hotair: You’ve heard of buyer’s remorse, but now Democrats appear to have developed a case of Bernie remorse. After rushing to out-socialist Bernie Sanders by unquestioningly embracing Medicare for All, the Washington … Read more
The subprime crisis taught the world, particularly those in the U.S, the dangers of gambling with real estate. They pushed it to the absolute maximum and it destroyed many people … Read more
by Charles Hugh-Smith The smart money is liquidating assets, paying off debt and moving capital into collateral that isn’t impaired by debt or speculative valuations. The Federal Reserve’s sudden return … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But then there’s the “average transaction price.” A new 2019 Ford Taurus, with a sticker price “starting at” $27,800, is a better car in myriad ways … Read more