All border matter, except our own. The omnibus spending bill funds “border security” for eight foreign countries while including no new funds to construct a border wall along the United States-Mexico border. A Republican Study Committee (RSC) messaging document obtained …
America’s national debt has surpassed $30 trillion for the first time in history, the Treasury Department said this week. The federal government exceeded the troubling threshold following a wave of borrowing and spending during the COVID-19 pandemic. The national debt …
https://twitter.com/WallStreetSilv/status/1499070601218166788 https://twitter.com/WallStreetSilv/status/1499003433927553025 It's Mar., when the @federalreserve said they would end QE. Yet, today, they did the equivalent of $55bn/month in QE (at the peak of the '09 Global financial Crisis, B. Bernanke did $85bn/month in QE). THIS. IS. RECKLESS. …
by confoundedinterest17 My Kuroda! Forbes has an interesting article on the Japanese “miracle” entitled “The $5 Trillion Inflation Time Bomb No One’s Talking About.” It’s taken nine years and the Bank of Japan supersizing its balance sheet to the $5 trillion mark, …
In Stamford, Conn., a 46-year-old resident pleaded guilty after putting a portion of $4 million in coronavirus aid toward the purchase of a Porsche. And a Mercedes. And a BMW. In Somerset, N.J., a 51-year-old woman allegedly invented employees, inflated wages and …
by dilkmud0002 Caption: They need to dump this also… https://www.federalreserve.gov/moneta…
https://twitter.com/WifeyAlpha/status/1494314350093422594 Minutes show Fed ready to raise rates, shrink balance sheet soon Federal Reserve officials outlined plans for interest rate hikes and a reduction in the asset holdings on their balance sheet at their last meeting. Minutes released Wednesday from …
by Martin Armstrong Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion in debt, with the figure growing by $333 billion in …
by Simon Black of Sovereign Man The year 238 AD began with Maximinus I as Emperor of Rome– a former peasant who had worked his way up through the ranks of the military before being chosen as Emperor by his troops. By August …
by confoundedinterest17 30 Trillion in debt and what do you get? Another day older and deeper in debt. What else do we get? Rising inflation and rising interest rates. Mortgage rates are rising rapidly as The Federal Reserve contemplates 5-7 rate …
The chief of the Kansas City Federal Reserve on Monday said the U.S. central bank should raise interest rates soon and pursue a big reduction in its nearly $9 trillion stockpile of bonds. Esther George said the economy is fundamentally …
Thanks to FOIA requests, we now know the 2008-2010 bank bailout didn't cost us $5 trillion, as we've been told. The real number is closer to $29 TRILLION, and it didn't just go to American banks. Gee, I wonder why …
U.S. trade deficit in goods top $1 trillion in 2021 for first time ever The numbers: The U.S. trade deficit in goods topped $1 trillion in 2021 for the first time ever, as an economic recovery enabled Americans to snap up …
More truth about the 2019 Repo Madness Bailouts: The real number was over $19 trillion in bailouts? The Fed also bailed out a Japanese investment bank, Nomura Securities, for almost $4 trillion back in 2019 because the Japanese bank borrowed …
by confoundedinterest17 For Bitcoin, there’s only been one constant recently: decline after decline after decline. And the superlatives have piled up really quickly. With the Federal Reserve intending to withdraw stimulus from the market, riskier assets the world over have suffered. …
by confoundedinterest17 Yes, it is fun times in markets this Friday as $3.3 trillion in options expire. As of 9:52am EST, we see Bitcoin (white) and Ethereum (blue) falling along with the Dow (pink), while gold (gold) fell then rebounded. European …
Despite already spending $6 trillion in pandemic aid, Democrat Speaker of the House Nancy Pelosi said more spending may be coming, during a segment on CBS News’ “Face the Nation” with Margaret Brennan on 1/9/2022. Be sure to like, subscribe, …
by Martin Armstrong The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued $1.6 trillion in purchase loans in 2021, an increase from $1.48 …
https://finance.yahoo.com/news/apple-hits-3-trillion-market-cap-184825195.html “Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below …
Like many of the virus’s hardest hit victims, the United States went into the COVID-19 pandemic wracked by preexisting conditions. A fraying public health infrastructure, inadequate medical supplies, an employer-based health insurance system perversely unsuited to the moment—these and other …
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
Conclusion: Evergrande's capital is only ￥3.9 billion, but it leveraged ￥2 trillion of financing loans. Evergrande has no assets to pay off when it'll officially announce bankruptcy liquidation. The large amount of Evergrande dollar debt has actually become toilet paper. …
Since the pandemic began, the nation’s central bank has aggressively printed trillions of dollars to keep the U.S. economy afloat. Doing so has ballooned the Federal Reserve’s balance sheet to nearly $9 trillion. Fed officials, acknowledging the rising risks posed …
$21 Trillion in U.S. taxpayer funds-at the expense of our families? The money that flows in, flows quietly back out again to fund Europes top-tier cradle to grave socialist benefits MSU scholars find $21 trillion in unauthorized government spending; Defense …
by max_wikstrom https://fred.stlouisfed.org/series/M1SL
by confoundedinterest17 Call it “The Letter That Phil Swagel Wrote.” The letter from Phil Swagel, Director of the Congressional Budget Office, sent a letter to Congress stating that “The Congressional Budget Office and the staff of the Joint Committee on Taxation project that …
by The Phoenix By Graham Summers, MBA Let’s cut through the narratives and media “BS.” The Fed is trapped. Inflation is soaring. And the Fed has signaled that it is shifting its focus from growth (employment) to inflation. Specifically, after 20 …
CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. https://www.cnbc.com/2021/12/01/cramer-says-hes-not-ready-to-sell-nvidia-sees-stock-at-10-trillion-one-day.html Cramer told “Fast Money Halftime Report” …
by confoundedinterest17 To quote Gomer Pyle USMC, “Surprise, surprise, surprise!” The humongous spending bill awaiting Joe Manchin to sign off on it will cost almost double what the CBO said it would. Why? Because spending programs in Washington DC never get …
