Independent thinking for complex markets and current events
Amid China’s recession, local governments across the country have been amassing significant debt. Since last year, there have been ongoing reports of salary cuts for civil servants in various regions. Now, local government debt has gotten out of control, with many even defaulting on their obligations. Starting from August 18, the Chinese Communist Party’s official …
Kevin O’Leary warns chaos is about to begin for US economy: ‘Wake up and smell the roses’ “We have a crisis emerging. … I’m talking about companies with five to 500 employees, which represent over 60% of our economy,” O’Leary said. “If you’re in the S&P 500, you have no trouble financing your business. You …
MEMORY-HOLED: The great cancellation: why megabucks TV shows are vanishing without a trace. Two years ago, Nautilus was big news. A vast, expensive Disney+ prequel to Jules Verne’s 20,000 Leagues Under the Sea, Nautilus promised to tell the early story of Captain Nemo as he embarked on an epic submarine adventure, seeking revenge on his former …
by Chris Black Trump’s claims are very coherent, and it seems to me he is likely right about how this will go. You’ll probably get some of it this fall/winter, but then in 2024, it will go into overdrive – about a year from now. I personally did not believe the coronavirus hoax was going …
by bobtowne What happened to journalism also happened to the entertainment industry in general. The corporate globalist power order began to unveil itself and journalism and entertainment were tasked with creating propaganda to support it. Sincere artists aren’t necessarily suited for, or inclined towards, propaganda creation and so opportunities were created for those willing to …
via pjmedia: The bad news is we’re probably going to lose World War III — the Taiwan War, the Pacific War, whatevs — to China. The good news, if you want to see it that way, is that China might drive us all the way back to Hawaii without having to fire a shot. Let …
A San Francisco store clerk who was violently attacked by a robber trying to steal two beers has died from his traumatic brain injuries. Yowhannes ‘John’ Tewelde, 60, was beaten into a coma when a thief attacked him with a baseball bat while he was working at Richmond Market on Thursday. The owner of the …
The FED made a new arrangement for banks called BTFP (Bank Term Funding Program) that banks can use to replace their dependence on RRP. So the money that had banks had been getting from the Overnight reverse repo is now balanced with the money they can get with BTFP . Kind of like a buffet line at …
People are moving money from banks to money market funds due to high interest rates This means banks will have less money to lend and they will be more careful with who they lend to Credit availability is going to be a major concern for businesses pic.twitter.com/QaR7CLAtM4 — Bravos Research (@bravosresearch) August 29, 2023 Financial …
Free speech is a problem – Not so much for the general population, but for the establishment class and their grip on social influence. Much like the invention of the printing press that created an information revolution in the Middle Ages, the internet has created a global platform which almost anyone on the planet can …
NEW 🚨 3rd largest US Oil Refinery to shut down after devastating fire in Garyville, Louisiana pic.twitter.com/ReNA9g3fNK — Insider Paper (@TheInsiderPaper) August 26, 2023 Biden Admin Blocks Millions Of Acres To Oil And Gas Drilling https://t.co/0FUiI9MK4R — zerohedge (@zerohedge) August 26, 2023 h/t John Dutton
by FATKEDLUVSCAKE As you all know the world is in one massive housing bubble. We have all seen the massive Evergrande completely collapse. Institutions like Charles Schawb jacked to the tits on mortgage back securities to the tune of 180 billion plus. These CDOs that they could have sold but didn’t, proves they have been …
It finally happened — Donald Trump traveled down to Fulton County, Georgia to be booked on charges of election interference and, more famously, to have his mugshot taken. Trump immediately posted the photo to Twitter (his first post on the platform since 2021) along with a link to his website and a pledge to “never …
https://finance.yahoo.com/amphtml/news/lyft-sliced-office-space-half-184650020.html When people first come in, “we’re literally calling it homecoming,” he said, adding that he hopes to re-create the feeling of the first day at a new school. “We’re going to give tours and have community groups [like book clubs] where people can get together and talk about things that have nothing to do with work.”
via dailywire: If we had a functioning news media, there’s a video that would be leading every newscast right now. It has nothing to do with a plane crash in Russia, a GOP primary debate, or even the indictment of every lawyer who’s ever given Donald Trump legal advice, as important as all those topics …
These Babylonian systems are being judged. The banking system is about to blow! Get your house in order… Too much leverage in the system. Small banks own 14% of commercial real estate loans Delinquency rates for CMBS loans just hit 5% in July Regional banks are not out of the woods yet pic.twitter.com/20rx5BPzPr — Peter …
“Inevitably they’re going to lose”It's up to YOU and me. DO NOT COMPLY!!! pic.twitter.com/qmrycr2Jmf — Antonio Sabato Jr (@AntonioSabatoJr) August 19, 2023 Javier Milei, a libertarian, is the current favorite to win the presidential election in Argentina. I can see why. pic.twitter.com/M7qBiP50gr — Count Dankula (@CountDankulaTV) August 17, 2023 https://twitter.com/_/status/1688732463122558976 h/t dr0id
Earlier this year Powell said that his rate hikes had nothing to do with the U.S. bank run. Anyone who expects him to pull back for China's financial crisis, is smoking crack. THIS is Powell's dick in hand moment. The last week of summer is going to be a total gong show. pic.twitter.com/vaNgU6tpWG — Mac10 …
Invest 91L First flight of the Hurricane Hunters will be this afternoon. Western Gulf of Mexico (AL91): Showers and thunderstorms continue in association with a trough of low pressure located in the eastern Gulf of Mexico. Environmental conditions appear favorable for development of this system while it moves westward at about 15 to 20 mph …
The Fed, Treasury, investors, China, Japan and Saudi are dumping US bonds at the same time pic.twitter.com/tE87Di9OiD — The Maverick of Wall Street (@TheMaverickWS) August 17, 2023
From Peter Reagan at Birch Gold Group In what is now a ten-year-old interview, Jim Rickards shocked his audience. Sadly, his controversial views then might be considered good news today… After being pressed about his somewhat extreme economic predictions, he added some context: The international monetary system has actually collapsed three times in the past 100 years. It collapsed …
Block is going to be deleted as a “feature”, except for DMs — Elon Musk (@elonmusk) August 18, 2023 It makes no sense — Elon Musk (@elonmusk) August 18, 2023 JUST IN: Elon Musk says X (Twitter) will remove the ability to block accounts. — Watcher.Guru (@WatcherGuru) August 18, 2023 You will still be able …
by Frequent_Quail_2202 Bank of California announced that it was going to buy PacWest for an all share deal. Warburg Pincus & partners graciously offered to inject $400M at $12.30 into $BANC. Since the announcement, after the initial surge, the stock has ground lower and is currently just above this $12.30 price level. If the stock …
Monthly payments on a $400,000 home in the US are now at least $1,100 more expensive than they were two years ago, per Freddie Mac. https://twitter.com/1200616796295847936/status/1691459730806652928
by Simon Black “Scary” is the word that the Wall Street Journal used this weekend to describe the looming financial crisis in the US. They said bluntly, “Washington has laid the seeds of a crisis that Wall Street can no longer ignore.” I’ve been writing about this for 14 years; back then, it was highly …
Claim: Bidenomics is working because prices are going down. “Bidenomics is indeed working when – when we say that — you look at the data, right? Cost is going down, right? We think about inflation,” White House press secretary Karine Jean-Pierre said in an interview this week. Verdict: False. In general, products and services purchased …
https://news.yahoo.com/elon-musk-says-actually-going-133354456.html Summary: Elon Musk and Mark Zuckerberg are apparently moving forward with their absurd plan to have a physical fight, a spectacle that has drawn media attention despite its senselessness. Musk, using his social media platform “X,” announced that the fight details are being organized by their respective foundations rather than the UFC, and it …
Here’s what the beef between France, the US and Niger is about. Shocking and enlightening! pic.twitter.com/EhBbKupvTx — Field Marshal of the Han Dynasty (@General_Oluchi) August 9, 2023
