A hub for independent voices and hard truths
by Michael The ride up was a lot of fun for crypto investors, but now many of them are getting wiped out by the ride down. For a long time, people were using borrowed money to make absolutely enormous returns in …
CDS MARKET FLASHING WARNING SIGNS: CDS spreads continue to surge for AI companies. Oracle, CoreWeave 10Y CDS spreads are up over 30% in the past month alone, with other major players also up double digits. We are seeing a ton …
By Pam Martens and Russ Martens: December 16, 2024 ~ According to the December 6 release of Federal Reserve H.8 data, cash assets at the 25 largest U.S. banks have dropped by a stunning $663 billion from their peak levels on December …
Connecticut’s Democratic governor has revealed a drastic plan to wipe out medical debt for state residents – but has not yet revealed how intends to pay for erasing the $1billion bill. Governor Ned Lamont announced the plan Good Morning America …