Corruption at the highest level – The IRS, uncovered evidence that foreign nationals paid the Biden family over $17M

CORUPTION: The IRS, despite obstruction of its investigation by the DOJ, uncovered evidence that foreign nationals paid the Biden family over $17M. It is time to appoint a special prosecutor. https://t.co/c3ekpAc4Fk pic.twitter.com/1nZ43581LB — @amuse (@amuse) July 20, 2023 CORRUPTION at …

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CMBS enters bargaining stage, liquidating assets, tidying balance sheets, industry stoicing; Bankcruptcy surge;M2 money supply is contracting at the deepest level EVER seen

For CMBS, it’s 2007 Right now is the bargaining stage for CRE—assets quietly being liquidated to meet redemptions, balance sheets tidying up, the industry stoically battening the hatches All trying not to panic Dry powder? Yes But there’s a storm …

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Pre-FOMC silent period with 96% chance of July rate hike, peak earnings, and lowest liquidity. This impending global asset meltdown and attendant bailout failure is now at level ’11’ biblical risk.

That's the week. We have now entered the pre-FOMC silent period. 96% probability of July rate hike. Peak earnings. Lowest liquidity period of the entire year. Nothing can go wrong now. pic.twitter.com/TEXdXB3q2w — Mac10 (@SuburbanDrone) July 14, 2023 Anyone who …

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Inflation Alert! The Reserve Bank of New Zealand’s Monetary Policy Review July: The Official Cash Rate (OCR) held at 5.5%. Employment above sustainable level, Consumer spending slows. Could this be the start of other central banks pausing this time as the Fed take the lead with the July rate hike?

by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …

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The share of nonfinancial firms in financial distress has reached a level that is higher than during most previous tightening episodes since the 1970s

by Dismal-Jellyfish Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the ’70s. Studies suggest that these conditions could lead to significant declines in investment …

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