crisis
10-year Treasury yield briefly rose above 4.31%, the most since the 2007-2008 global financial crisis, and the 30-year rate at 12 years high
by Ok_Significance_4008 I asked Bard and that’s what it said: A rising 10-year Treasury yield can have a number of implications for stocks. First, it can make it more expensive for companies to borrow money, which can weigh on their earnings. Second, it can make stocks less attractive to investors who are looking for income, …
Russian MIL accuse the US of releasing bioweapons to create “crisis situations”, and claims the US are planning to do it again.
Russia just accused the ruling families of the DNC and Big Pharma of creating covid in Ukraine, and using it to take over the world. “Thus, as in 2019, the US has begun preparing for a new pandemic by searching for virus mutations. We do not rule out that the United States will use of …
This is WAY BIGGER than the Bank Crisis and It Has Already Begun!
Minneapolis Federal Reserve President Neel Kashkari expressed concerns about regional banks, especially after a recent banking crisis. At a town hall, when asked about new capital requirements for banks with assets over $100 billion, he felt the measures might not be stringent enough. This commentary coincided with a 2.4% drop in the SPDR S&P Regional …
UK: If a second financial crisis broke today, we could not put the public balance sheet behind our banking system without expecting a run on the pound.
We cannot live with a decade of more of the same. Britain is extremely vulnerable to any mishap – a crack in the housing market, a crisis in the financial markets, another energy crisis. https://www.theguardian.com/commentisfree/2023/aug/13/uk-stop-kidding-ourselves-rich-nation-gone-bust
Governments may have hid economic data, but global crisis impacts are undeniable.
by BlueCoastDoge Downgrade for US economy. Pending downgrade of US banks. Ruble gets hammered on markets & Russia hikes interest rates to 12%. And amid China’s property development Ponzi Scheme, the Gov slashes rates, suspends youth jobless data as economy signals sharper downturn. It’s interesting & sad to see all or most Govs living in …
Coming Soon: Major China Financial Crisis That Goes Global. Markets & Economy Crash. May You Live In Interesting Times.
Explainer-How much worse can China’s economic slowdown get? HONG KONG (Reuters) – China’s economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting slowdown in growth. THE DEMISE OF CHINA’S GROWTH HAS BEEN MISTAKENLY FORECAST BEFORE. IS THIS TIME DIFFERENT? Activity data has …
The State of New York is Deploying its National Guard to Deal With the Growing Migrant Crisis
by Chris Black In a story which is getting remarkably little attention the State of New York is deploying its National Guard to deal with the state’s growing migrant crisis. (https://ny1.com/nyc/all-boroughs/public-safety/2022/10/29/new-york-national-guard-at-staten-island-hotels-housing-migrants) By ‘deal with’ we mean that the National Guard is going to provide soldiers to transport, feed, guard the housing of and ensure the …
Americans Tapping into 401Ks amid Private Debt Crisis
by Martin Armstrong Credit card balances in the US have surpassed $1 trillion for the first time, with balances up almost 20% from a year ago. The Federal Reserve Bank of New York reported that total credit card debt stood at $986 billion in the first quarter of 2023, unchanged from the record hit at …
The Retirement Crisis Will Push Nearly 50% Of All American Families To A Financial Disaster
https://www.youtube.com/watch?v=POUseK_QYvw The retirement crisis can push half of all Americans to the brink of financial ruin, according to a new survey. In today’s video, we will present this and some of the most important statistics and insights that everyone should know about the state of retirement in the United States. Today, millions of individuals in …
Another Brick In The Mall! Downtown San Fran Office Tower Sells At 66% Off As CRE Crisis Claims Another Victim
by confoundedinterest17 Bidenomics represents another brick in the mall. Or office space! Understanding the backdrop of the crime-ridden progressive metro area of San Francisco, alongside the mass exodus of businesses and residents, and the record-high vacancy rate of office towers, we asked a very important question earlier this summer: What are office buildings worth? We quickly found out in June that one downtown …
The Fed and their MSM hosts are recycling the same lies & spin they used before Housing Bubble 1.0 burst & caused the 2008 financial crisis
https://twitter.com/theyhatemetoo/status/1690114764704481281 Homebuyers spend 40% of income on mortgage, exceeding 2008 high. Homeowners are now spending a record 40% of their gross income on their mortgage. This is ABOVE the 2008 high of 39% and up sharply over the last 2 years. After paying income taxes and mortgage costs, most homebuyers have less than 30% of …
US education crisis deepens: the number of ‘chronically absent’ students rose by 6.5 million after the pandemic – nearly HALF of schoolkids are AWOL in Alaska and New Mexico
The number of chronically absent schoolkids jumped by 6.5 million from before the pandemic to the 2021-22 year, says a study on how COVID lockdowns hurt classroom attendance. More than a quarter of students missed at least 10 percent of the 2021-22 school year, making them chronically absent, Stanford University research shows. Before the pandemic, …
The Commercial Real Estate/Small Bank Boogie! CRE Crisis Could Cause Small Banks To Collapse (Bank Credit Growth Now Negative As 10Y-2Y Yield Curve Remains Inverted)
by confoundedinterest17 We are back in the USSR! And the economy taking commands from Washington DC! Introduction During the COVID-19 pandemic the occurrence of remote work jumped, out of sheer necessity. The technology was already available, but the pandemic accelerated its adoption and bypassed the hesitation of employers to allow people working from home. In many cases, …
New York City libs PANIC after Mayor declares State of Emergency over migrants; Democrat Bowman criticizes Biden over the disastrous border crisis that has made its way to New York
New York City libs PANIC after Mayor declares State of Emergency over migrants dropped off by Gov. DeSantis and Gov. Abbott pic.twitter.com/56d84yOiye — Benny Johnson (@bennyjohnson) August 10, 2023 NEW: Democrat Representative Jamaal Bowman hammers President Joe Biden over the disastrous border crisis that has made its way to New York. Pretty hilarious how the …
Rice Crisis Sends Prices To Highest Levels Since 2008… Uhh..Are Beans Next?
On Wednesday, the Thai Rice Exporters Association revealed that the price of Thai white rice 5% broken, a key Asian benchmark, reached the highest level since Great Financial Crisis. This surge is mainly attributed to increasing fears of a global shortage due to the damaging effects of the El Nino weather phenomenon on Asian farmlands …
Rickards: The Greater Financial Crisis of 2024
via JAMES RICKARDS: You’re probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week. That’s nothing to cheer about, though it’s not likely to have much impact on the markets in the short run. It’s more of a long-term problem. But it’s …
Self made crisis: “Italy surprises markets with the announcement of a 40% ‘windfall’ tax on banks”
Italy intentionally causing a banking crisis? 🤨 "Italy surprises markets with the announcement of a 40% 'windfall' tax on banks" pic.twitter.com/HGycE4y8ud — Financelot (@FinanceLancelot) August 8, 2023 ⚠️ 𝗜𝗧𝗔𝗟𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗣𝗨𝗠𝗠𝗘𝗟𝗟𝗘𝗗 Full Story → https://t.co/XK4Cljl110 An index of euro zone banks .SX7E fell as much as 3.4% on Tuesday, after Italy approved a 40% …
PROOF Bank Crisis Still On Fire
Collapse of the USD in a single day erasing week’s worth of gains. More and more people are putting money into money-market-funds to get that 5.5% interest rate. Hopefully FDIC get more money from the banks. Liquidity continues to dry up even as the fed sells off treasuries and mortgage backed securities. Bank term funding …
Coming Soon: A severe global recession that kicks off with the worst stock market crash ever and a global financial crisis far worse than 2008.
by mark000 The September/October window has high potential for the horror show to begin IMO. The global markets, financial system and economy will experience simultaneous heart attacks, leading to (or because of) super negative geopolitical developments. US Treasury Market Hits All-Time High of $25 Trillion in July This is a great example of how the …
Liquidity is flowing out of banks paying piddly .15% interest on accounts, as yield seekers flock into money markets & other higher-yielding financial instruments. Cue worsening liquidity crisis at local and regional banks in 3-2-1…
Assets in money market funds have hit a record $5.5 trillion. With yields above 5%, this trend should continue. pic.twitter.com/gpRrtgBjoL — Charlie Bilello (@charliebilello) August 3, 2023 Bear Stearns Collapse March 16, 2008Lehman Brothers Collapse September 15, 2008 Silicon Valley Bank Collapse March 10, 2023******************* Collapse September 15, 2023 🤫pic.twitter.com/kfdPWKxt1dhttps://t.co/qBMYgTkITR https://t.co/VqtC8XyGSu — Financelot (@FinanceLancelot) August …
US Credit Rating & the Sovereign Debt Crisis
by Martin Armstrong QUESTION: What do you make of the US debt downgrade? Do you think this has anything to do with indicting Trump in three courts? I know many people decided to donate to Trump today, even for the first time, as a sign of disapproval of the Biden Administration and the RINOs. HJ ANSWER: …
Inflation Alert! Bank of England raises interest rates to highest level since the Great Financial Crisis.
by Dismal-Jellyfish https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/august-2023 Highlights: The BoE decided to raise the Bank Rate by 0.25 percentage points to 5.25% with a 6-3 vote. New projections assume the Bank Rate will peak at just over 6% and average just under 5.5% over the next three years. Economic growth has been steady, but recent indicators show possible weakening. …
The Rise Of The “Superbugs” Is A Catastrophic Long-Term Health Crisis That Threatens To Kill Hundreds Of Millions Of People
by Michael The rise of the “superbugs” is here. The death toll is already in the millions each year, and it won’t be too long before “superbugs” are killing tens of millions of people each year. In my last book I identified a number of long-term trends that threaten to collapse our society, and now you can …
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks.
by RedditIsOwendByTheWS The government now lives from month to month. soon it will be from week to week. Then from day to day. and finally from hour to hour. Source : Traders Brace for $102 Billion Wave of Treasury Bond Sales – Bloomberg
The Biggest Retirement Crisis Of Our Lifetime Will Collapse The Standard Of Living In America
Think your standard of living is not the same as it used to be? You’re right about that. Americans have lost over a third of their purchasing power in the past decade, and the biggest share of that loss happened in the past three years. For millions of retirees, and workers reaching retirement age in …
Biden on how to combat “climate crisis”: Paint your roofs white!
Biden on how to combat “climate crisis”: Paint your roofs white! pic.twitter.com/oCKMO0wZ0h — The Post Millennial (@TPostMillennial) July 27, 2023