A hub for independent voices and hard truths
Over the past 5 days banks have borrowed more than $80 billion from the Fed’s emergency overnight lending facility. The plumbing of the financial system is clogged, liquidity is evaporating and what’s worse, the Fed has no answers. https://www.youtube.com/watch?v=SoqGsh8mS3o The …
via Mike Maharrey After taking a breather earlier this year, central banks are once again gobbling up gold, with October purchases hitting the highest level of the year. Central banks globally increased their gold reserves by 53 tonnes (net) in …
Regional banks now hold almost one-third of all U.S. commercial mortgages and a majority of non-owner-occupied CRE, and “latent distress” is about 4X larger than what current delinquency rates imply.🧵 CRE: ~ $4.8 T Consumer debt: $5.58T (auto: $1.66T, Student …
‼️Global central bank rate cuts are running ABOVE the Great Financial Crisis pace: World central banks have cut rates 316 times over the last 2 years, the most THIS CENTURY. Following the Financial Crisis response, they cut 313 times in …
via notayesmanseconomics This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present …
Credit card companies just handed out $1.5 trillion in new credit limits since 2020 but Americans only actually borrowed an extra $430 billion. That gap $4.1 trillion in unused credit tells you everything you need to know about what banks …
It looks like the Fed is starting to communicate a December rate cut. The leading banks are getting the message through indirect channels. Fed futures now show a 70% probability of a cut — and suddenly market futures are magically …
Banks are cancelling credit cards and lowering credit limits right now, and it’s happening faster than many of us realize. In this video, I’m sharing real examples, personal experiences, and the steps you need to take to stay ahead of …
If you dive a little deeper, you can find the underlying threat to our economy. Head of IMF says risks in private credit market keep her awake at night Default warnings start to pile up in the private credit market …
Everything here points to stress building faster than anyone in charge wants to admit. When this many cracks show up at the same time, something bigger is already pushing underneath the surface. Odds of a U.S. recession in next year …
Back in 2008 this announcement would have created chaos Today no one cares. https://t.co/zxgD9T65jP — QE Infinity (@StealthQE4) November 15, 2025 New York Federal Reserve president John Williams convened a meeting with Wall Street dealers this week over a key …
That’s the kind of move governments make when they think people won’t push back. If they can shut down the opposition’s bank accounts, they can shut down anyone’s. GERMAN BANKS FREEZE AfD ACCOUNTS IN ESCALATING CRACKDOWN ON DISSENT Multiple German …
via James Hickman https://traffic.libsyn.com/sovman/riverside_james__joe___nov_11_2025_001_simon_blacks_studio.mp3 We sincerely hope the House of Representatives can pull itself together and get the government back open this week. Not because we love federal bureaucracy—but because this shutdown is embarrassing, and it continues to chip away …
If the banking system is stable, why is the Fed already bailing it out again? Something very serious is happening in America’s financial system and almost nobody is talking about it. Across the country, ordinary people are waking up to …
by Michael We are less than two weeks into the month of November, and the mainstream media is telling us that millions of Americans are “starving”. If our society is this vulnerable to a temporary disruption in food stamp benefits, …
The middle class is not seeing this. They are getting crushed. The banks are telling the real story as the Fed has injected billions into the Repo market. Why? Because the banks don’t have the cash reserves and consumers are …
by Michael As grocery prices have risen, demand at food banks throughout the country has surged to very alarming levels. At the end of 2024, I wrote about how demand at food banks had risen to record levels all over the …
U may take a look into what is happening with SOFR-EFFR spread I plotted a chart for Last 8 yearsSOFR – EFFR 9 ( 5 day moving average ) pic.twitter.com/nEdtw2Iw9k — Shabeer Ali (@shabeeraly) November 3, 2025 The Fed’s recent …
Judge Praises Trump Over SNAP Funding, Sets Monday Deadline For Payments https://t.co/7dKVYaFiWB — zerohedge (@zerohedge) November 3, 2025 A Rhode Island federal judge praised President Donald Trump’s “quick and definitive response” to a Friday order for facilitating the timely funding …
So jobs at Wendy’s is off the table now I guess. WARNING 🚨 BANKS BORROW $50 BILLION IN EMERGENCY LIQUIDITY FROM FED REPO WINDOW TODAY ‼️ 🚩 $20 BILLION THIS MORNING AND $30 BILLION MORE IN THE AFTERNOON ⚠️ CRISIS …
New home sales in China collapsed by 42% in October when compared to last October, representing more than just another setback for the beleaguered Chinese real estate market, the world’s largest asset class. This is a major problem for Chinese …
By the end of the week, Democrats will be responsible for millions of Americans losing their food stamps due to their refusal to pass a clean continuing resolution to fund the federal government amid day number 29 of the shutdown. …
It’s happening quietly. You have to watch the numbers more than the headlines. The liquidity that once made the system feel invincible is slipping away. The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep …
Why to do you think the FED Reverse Repo (aka “cash on the sidelines”) is at ~14bn$ while the FED Repo is now actively tapped? Answer: within the group of banks with access to FED repo there is at least …
The shutdown has started to feel like a slow disintegration. Not a fight in Congress, but a chain reaction. The kind that begins with paperwork and ends in hunger. Inside the Department of Agriculture, someone finally wrote what everyone else …
Something ugly is happening inside America’s car market. The same people who turned chip shortages into record profits are now watching their own credit machine seize up. Automakers kept prices high, banks kept pushing loans longer, and everyone pretended buyers …
The regional banking crisis is much worse than they make it out to be. Since Aug, banks have tapped the Fed for $863 million, and from May to June, $555 million. As shown by the facility, it is progressively getting …
Here is the set-up going into tomorrow and next week: Two weeks ago on Friday Trump pounded stocks lower in the morning by threatening to escalate the trade war with China. Last week, there were concerns over a renewed bank …
Money market funds just hit an all-time high of $7.4 TRILLION 99% chance the Fed cuts rates in 6 days. Rate cuts will push treasury holders to seek more risk, driving liquidity into Bitcoin and other assets Liquidity tsunami incoming …
The entire economy runs on credit, and when it seizes up, this whole economy goes caput. Banks warning about private credit quality while funding its growth: Wells Fargo: $60B lent to private creditBofA: $33BPNC: $30BJPM: $22BTotal: Nearly $300B Can’t raise …