Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to guarantee trades amid wild price swings. That’s pushing European Union officials to intervene to prevent energy markets from stalling, while governments across the region are …
by confoundedinterest17 The phrase “crossing the Rubicon” is an idiom that means that one is passing a point of no return. Its meaning comes from allusion to the crossing of the river Rubicon by Julius Caesar in early January 49 BC. Indeed, the US crossed the …
Bloomberg (via MSN), Released on 8/16/22 Americans have been warned for years of an impending retirement crisis. Yet the situation is getting worse. Even when everything was going right — inflation was nonexistent, interest rates were low and stocks were in …
by Martin Armstrong American household has reached a new high, according to a report by the Federal Reserve Bank of New York. Total household debt has surpassed $16 trillion for the first time in American history. Americans have taken on $2 trillion in …
At the beginning of the year, there was a grand total of 10 people across the globe whose wealth exceeded US$100 billion. At the time of this writing, six have been lost, leaving Tesla & SpaceX’s Elon Musk (who retains …
The Chinese real estate market collapsed in July with all indices falling. An expert predicts that the real estate plunge, together with the economic slowdown, will lead to a financial shortage of 6 trillion yuan (about $889.6 billion) for local …
NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s …
More details: https://t.co/YXt9bAth7Y — unusual_whales (@unusual_whales) July 31, 2022 "We’re heading into a housing recession," The National Association of Home Builders CEO has said. — unusual_whales (@unusual_whales) July 31, 2022 7.5% of US homes for sale have cut their asking …
https://www.livescience.com/chinas-1-tri…an-the-sun The experimental fusion reactor could help to unlock near limitless clean energy. China’s “artificial sun” has set a new world record after superheating a loop of plasma to temperatures five times hotter than the sun for more than 17 …
BlackRock Inc. is used to breaking records. The world’s largest asset manager was the first firm to break through $10 trillion of assets under management. But the bigger they are the harder they fall. And this year BlackRock chalked up …
Discounted Assets across the Housing & Stock Market will appear in 2022 & 2023 as the Biggest Market Crash Ever unfolds. The combined value of Housing & Stock Market is nearly 300% of GDP in the middle of 2022 – …
Under the deal, Iran gets a financial package worth up to $275 billion in the first year and as much as $800 billion over the next five”, writes Richard Goldberg, Senior Advisor at the Foundation for Defense of Democracies. “With …
by Boo_Randy Repo men have been working overtime as auto repossessions soar.
by Boo_Randy True price discovery is not your friend, crypto baggies. https://finance.yahoo.com/news/2-trillion-free-fall-rattles-230033105.html (Bloomberg) — For a generation of alienated techies, crypto’s all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is …
It means there aren’t very many good places to keep their money right now.
Citing estimates from JPMorgan, over the weekend Bloomberg wrote that courtesy of a Biden administration terrified of what soaring inflation will mean for the Democrats in the midterms, and a Fed that is determine to do anything – even crash the market …
This week’s crash in retail stocks was more serious than many realize. Retail giants said inflation is reducing spending on nonessential items. Consumers are going from being handed $4 trillion to no discretionary income. Now throw in rising rates and …
If you took out a mortgage over the last couple of years, there’s a good chance the holder of that loan is America’s central bank — a consequence of its monetary stimulus efforts throughout the pandemic. Why it matters: The Fed …
by Boo_Randy $11 trillion in fake “wealth” created by central bank funny money vaporized…with far worse to come as Tech Bubble 2.0 and Housing Bubble 2.0 look set to be the catalysts for the implosion of the Fed’s Everything Bubble. …
https://t.co/RNcrLvaMuA — Markets & Mayhem (@Mayhem4Markets) May 15, 2022 Seriously, WTF!! Is JPM on the hook for this loan against Ponzis?? https://t.co/WohXV2BF1Q In 2008, the rot was in CDOs. This cycle it’s all in VC… pic.twitter.com/pSk5biQA3s — Kuppy (@hkuppy) May …
Crypto losses now equal $1.7 trillion. The 2007 subprime mortgage market was $1.3 trillion. It's highly likely that Crypto will be the catalyst for accelerated global collapse. Weekend risk is HIGH. pic.twitter.com/4Ewo73uTeg — Mac10 (@SuburbanDrone) May 12, 2022 https://twitter.com/JTSEO9/status/1524881896362188801 A …
by silvebackstacker Link: https://fred.stlouisfed.org/series/RRPONTSYD/
by Bulletproof7 This 2.3T is equivalent i to the US spending about 4T. The US will have to print so the dollar doesn’t strengthen, btw… Also, the standoff between Russia and Europe Gas4Rubles is coming to a MAJOR inflection point. Just …
by silvertomars The fastest inflation in decades and the resulting rush by central banks to raise interest rates are stoking recession fears in financial markets — worries that are being compounded by the impact of aggressive coronavirus lockdowns in China …
by Jmeshareholder 5 trillion of that was added to the Fed’s balance sheet since Feb. 2020: https://fred.stlouisfed.org/series/WALCL 401k balances: https://www.ici.org/401k —— But oh ya, inflation is only happening because the ships and ports and all that jazz. Definitely not also because of …
Sen. Joe Manchin (D‑W.Va.) told a group of climate activists and energy executives he’s open to supporting revised Build Back Better legislation narrowly addressing three issues: climate change, prescription drug prices and deficit reduction. Why it matters: Manchin’s private comments …
Congress had less than one day to read the new 2,700 page bill before they voted. President Biden has already signed off — a $1.5 trillion omnibus spending bill. Magic!
Now on top of this, what if you create the truly risk-free asset (the reverse repo) and let $1.8 trillion of liquidity drain from the market in less than a year? US Dollars in the public domain has shrunk by …
