With bank panic setting in, Russia’s Central Bank sets the Chinese Yuan to become Russia’s main currency

Chinese Yuan will become Russia’s main currency – Russian Central Bank The yuan/ruble exchange rate will now set the trajectory for all other currency pairs, including the euro and dollar, the bank’s statement said. Meanwhile, in many Russian banks there are no dollars available for purchase, Russian media report. People line up by banks and …

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Trudeau hits the panic button: “We have seen around the world a rise in populist right wing forces in about every democracy”

Trudeau hits the panic button: "We have seen around the world a rise in populist right wing forces in about every democracy" You're next, tyrant. pic.twitter.com/OtOJXYpK6C — End Wokeness (@EndWokeness) June 10, 2024 I normally wouldn’t trust this source but if it’s true it’s really insane what they get away with in Canada. So the …

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10 Facts About Trader Joe’s That Will Make People Panic

Everybody seems to love Trader Joe’s. Its cozy Hawaiiwan-themed stores and friendly staff make us feel like we’re entering a lovable small business that offers locally-sourced food products. Unlike big grocery warehouses such as Walmart or Costco, Trader Joe’s appeal is linked to the personalized experience it provides its customers. The chain brings exotic, specialty …

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Massive Layoffs Are Now Causing Families To Panic

https://www.youtube.com/watch?v=aVv4Ev-zWLE 1 in 4 Worry They’ll Lose Their Job In the Next Year. “The anxiety among American workers appears justified. Biden and his Democrat allies at the state and local level have made immigrant employment a top policy priority — a move that has suppressed the wages of American workers — in the name of combating …

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The MSM are in full blown panic

Dread it. Run from it. Destiny arrives all the same. The MSM are in full blown panic 😈 pic.twitter.com/6qS8fcNcBS — Clandestine (@WarClandestine) April 30, 2024 The poll is a joke and the question poorly framed. pic.twitter.com/ZT8FcNhmKa — Mario Campa (@mario_campa) April 29, 2024 So you say you watch the MSM for your news, why? They …

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SOON: Short-term swap markets show deeply skewed demand-supply conditions for the yuan, which could potentially lead to panic and spillovers to bond and equity markets.

SHANGHAI, April 26 (Reuters) – China’s sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say. Under unrelenting pressure from rising U.S. yields and outflows from China, the yuan is at five-month lows …

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Credit spreads rise, financial conditions tighten, Goldman Sachs Panic Index soars.

With credit spreads on the rise and the 10-year TIP trading at 2.2%, financial conditions are tightening, sparking concerns among investors. While systematic funds tread cautiously amid thinning market depth, the next fortnight looms as a critical period. Contrary to expectations, inflationary fears drive Treasury yields up, leading to a plunge in stocks and a …

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Colleges PANIC as ILLEGAL diversity scholarships CANCELED nationwide!

Colleges and universities are becoming wary as lawsuits are being filed against schools for any DEI (diversity, equity, and inclusion) practices that show any preference based on race, gender, ethnicity, or sexual orientation. Given SCOTUS’s past rulings, some legal experts argue that diversity scholarships could be the next DEI component on the chopping block. Two …

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Inflation Is Getting Worse, As FED Rate And Tax Hikes Cause Panic

The United States economy is preparing for challenges as the Federal Reserve, the central bank of the United States, plans to increase interest rates. At the same time, there’s also the possibility of significant tax hikes on the horizon. This intricate and delicate situation has raised concerns among economists, policymakers, and the public, as the …

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Rachel Maddow works herself into a panic and claims Donald Trump will remain in office for life if elected in 2024

NEW: Far-left MSNBC host Rachel Maddow works herself into a panic and claims Donald Trump will remain in office for life if elected in 2024. I’m convinced MSNBC is actually just an insane asylum. “When [Supreme Court] inevitably rule that presidents aren't immune from… pic.twitter.com/HTvuWSVYUV — Collin Rugg (@CollinRugg) February 29, 2024 Never forget that …

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A New York Rent-Control Bank Panic: Investors fret about NYCB’s multi-family housing portfolio.

Regional bank share prices have tumbled since New York Community Bancorp (NYCB) reported surprisingly large losses on real-estate loans. Don’t blame this mini-bank panic only on underwater office buildings. Primary culprits are Albany’s destructive rent-control laws. NYCB last month reported $552 million in credit losses, including a $185 million charge-off mostly from two office and …

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Media Panic as Tucker Carlson Interviews Putin in Moscow… Uncensored Talk on Elon Musk’s X Platform Poses Challenge to Western Narratives.

Tucker Carlson’s current presence in Moscow for an exclusive interview with Russian President Vladimir Putin has triggered a sense of panic within the media landscape. The interview, set to be aired exclusively on Elon Musk’s X platform, underscores the growing significance of alternative platforms in shaping narratives. The uncensored nature of this interview on X …

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Panic Selling In China: Investors Dump Everything! Prepare For Stock Market And China’s Yuan Crash

Explore the latest episode of China Update uncovering the turmoil in the Chinese stock market and economy. From panic selling to foreign investors withdrawing, the video delves into the causes and consequences of China’s financial challenges. Will the stock market crash, and is a Chinese Yuan collapse imminent? Get insights on the economic downturn, unemployment, …

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The Ukrainian Financial Panic

By Martin Armstrong I have warned that Zelensky will go down in history as the evil ruler he truly is. And for those who constantly want to pretend this is Russian propaganda, tell that to the 500,000 Ukrainian soldiers who are dead and all the broken homes Zelensky has left behind, along with the 8 …

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Market Echoes Early Pandemic Panic Buying: High Beta Collapses, No Mega-Stimulus Support This Time; Longest-Ever Yield Curve Inversion Raises Economic Concerns.

In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, adding to economic uncertainty. Notably, Broadcom has emerged as a front-runner in the semiconductor industry, …

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From the brink of hyperinflation panic, the narrative dramatically pivots to the specter of crippling deflation.

Costco reports inflation at zero, a significant drop from 6%+ just 9 months ago. Very encouraging Costco update on inflation: basically at zero. Down across board. And the pace of decline is steep: Inflation at $COST was 6%+ only 9 months ago. $WMT $AMZN $TGT $KR $XLY $XLF $TLT pic.twitter.com/RP5QhItTSh — Rahul Sharma (@Retail_Guru) December …

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