Independent thinking for complex markets and current events
Congress, including 81 Republicans and all Democrats, have voted to continue funding the National Endowment for Democracy, which Jimmy and guest Thomas Massie describe as a CIA-linked vehicle for foreign interference and regime change. They criticize Donald Trump and the White House for staying silent, saying even mild opposition from the president could have stopped …
View post on imgur.com Federal prosecutors seized $15 billion in cryptocurrency from an investment scheme known as “pig butchering” that they allege emanated from forced labor camps in Cambodia. The Justice Department said it’s the largest forfeiture action in its history. Prosecutors unsealed an indictment Tuesday charging Chen Zhi, a Chinese émigré who holds several …
Trump is not a conservative. He was a Democrat, he still acts like one, and anyone who believes otherwise is not looking closely enough. Look at the money first. He signed stimulus packages that added billions to the deficit while claiming victory for the economy. He expanded unemployment benefits beyond what any Republican before him …
Japan’s own fiscal house, buried under the weight of the largest debt load on earth, could unravel, forcing a liquidity crisis that spreads to Europe and the United States. Central banks that copied Japan’s easy money policies will face the same reckoning, only without the cushion of a domestic savings pool to absorb the shock. …
Central banks almost never say they intervene in currency markets. In a survey, half said they do. Central banks report they were likely to boost gold holding while none reported crypto holdings The 21st annual Central Banking survey, sponsored by HSBC, has revealed that currency market intervention by central banks is far more common than …
Told you… so many times… 😓 But no worries, #BOJ cannot afford to turn off the $JPY printer as you can see from the next line… https://t.co/onTdK9C5S9 pic.twitter.com/C96vRVxxsI — JustDario 🏊♂️ (@DarioCpx) November 18, 2024 Someone should really tell the #BOJ that continuing to bluff about hiking rates so trading algorithms bid the $JPY is …
After innumerable US-backed coup attempts in Venezuela – including the almost comical Juan Guaido fiasco – one might think Americans would become skeptical when the old "stolen election" and "regime change" narrative is rolled out again. But as in Hollywood, when you have a… pic.twitter.com/DZA1whjdKA — Ron Paul (@RonPaul) July 30, 2024 https://t.co/OSvUcVKmG3 — TolerablePunctuality …
The Reverse Repurchase Agreement (RRP) market primarily affects US Treasury securities but can also influence other short-term interest rates and financial markets. Inching toward RRP reversal. Watch out! Fed counter-injections did wonders in the past year, but face a major roadblock in the quarter ahead. pic.twitter.com/eYAxPuZuys — Steve Donzé (@steve_donze) March 29, 2024 NYC Bancorp …
(Bloomberg) — Chinese hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by brokers. Another was cut off from the stock market completely. Regulators turned up on trading floors at multiple funds to monitor transactions in person. …
In a shocking development, a proposed bill in Maine is causing widespread concern. The bill suggests that the state can take custody of a child if the parents oppose sex change surgery and chemical castration for their kids. Tomorrow, a committee will determine the fate of this bill, which many argue constitutes unconstitutional state-mandated child …
by Ed Driscoll DISPATCHES FROM WEIMAR AMERICA: Gov. Mike DeWine Vetoes Bill Protecting Kids From ‘Gender-Affirming Care.’ Ohio Gov. Mike DeWine vetoed a bill to protect minors from experimental transgender medical interventions that are euphemistically referred to as “gender-affirming care.” DeWine, a Republican, framed his veto of House Bill 68 on Friday as an effort to bring consensus …
“Since 9/11, America’s War on Terror has had staggering consequences: 37 million people displaced, 4.5 million lives lost, and a jaw-dropping $8 trillion price tag. US-backed wars funneled millions of refugees to the US and Europe. Over his 50-year career, President Biden championed these foreign wars and interventions. Including the contentious NATO expansion and US …
To implement a CBDC the Treasury & Fed must consolidate 4000 institutions into JPMorgan & big 5. The public will never support this without a crisis The Fed's BTFP + OCE interventions are the only thing preventing a regional banking crisis. They'll pull the rug & play the savior https://t.co/2RhyVZh9fE — Financelot (@FinanceLancelot) July 27, …