Independent thinking for complex markets and current events
via Douglas French The wordsmiths at the Federal Reserve wisely omitted the line about a “sound and resilient” banking system in its statement on January 31. That same day shares of New York Community Bank plunged when the bank announced a loss of thirty-six cents per share when analysts expected earnings of twenty-seven cents a share for …
BY DAVID HAGGITH Regional bank stocks are plunging around the world today. Photo by Denis Oliveira on Unsplash So, a day after the Federal Reserve took the language about banks being safe and secure out of its official FOMC meeting statement, regional banks are falling all over the place. One could generously say that the FOMC took out that language …
In a startling revelation, the U.S. federal debt has reached a historic high, soaring to an eye-watering $34.138 trillion. What’s even more concerning is the recent trendline, which surpasses the initial trajectory seen at the beginning of the Biden administration. This acceleration is attributed to a combination of increased government consumption expenditures and rising interest …
WASHINGTON — President Biden denied Wednesday that he interacted with his relatives’ foreign business associates — despite photos and other evidence of him doing so — as the House of Representatives prepares to vote on authorizing an impeachment inquiry. Biden denounced as “lies” reports that he met with son Hunter Biden and brother James Biden’s …
via YAHOO: Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans to developers, many of whom are in default or teetering on the brink of collapsing. The risky lifeline threatens …
by Dismal-Jellyfish Source: https://libertystreeteconomics.newyorkfed.org/2023/11/the-nonbank-shadow-of-banks/ TLDRS: Fed paper: The evolution of banks and nonbanks is closely linked, particularly since the 1990s. In the 1990s, financial ‘innovation’ and regulatory changes boosted asset securitization. This shifted financial intermediation from a traditional bank-centric model (taking deposits, issuing loans, and holding them to maturity) to a new model where loans were …
A crisis looms over China as alarming signs of economic distress emerge. Despite official claims, the job market’s true fragility is exposed by online listings and household surveys, painting a grimmer picture. Adding to the ominous scenario, China is contemplating unsecured loans for real estate developers, marking an unprecedented move with potentially catastrophic consequences. As …
by confoundedinterest17 Appartently, Joe Biden and fellow big spenders in Washington DC, Mordor on The Potomac, don’t care about fiscal discipline. With seemingly endless spending of wars (Ukraine, Israel, Taiwan and the invasion at our southern border, and inane “green” spending, Janet Yellen and the US Treasury will be auctioning off $776 billion of debt in the …
HSBC’s CEO and other prominent leaders in the financial world are issuing dire warnings about the world teetering on the brink of a debt crisis, driven by years of extensive government borrowing. They emphasize the urgent need to address the mounting debt levels. The data presented underscores that we have yet to witness the full …
“US officials say” always mean CIA/someone wants you to know/believe. These things should be read with a grain of salt. Take into account that all those “crises” were specifically manufactured by the US itself, and from history we know that the US starts a war during serious economical turmoil to get rid of inflationary pressure. …
Same war, different front. pic.twitter.com/tGx0lSLwpi — Kathleen Tyson (@Kathleen_Tyson_) October 20, 2023
JUST IN — Senator Bob Menendez charged as an unregistered Chinese agent after Treasury reveals 170 reports accusing him of laundering millions through 20 shell companies to 9 family members aiding a Chinese firm buying U.S. energy assets. Just joking! That was the Bidens! pic.twitter.com/X6aPMO0TMD — KanekoaTheGreat (@KanekoaTheGreat) October 12, 2023
Oct 4th they're gonna ring every phone, computer, tv and radio with a "special sound" nationwide for 30 minutes. Don't know about you, but I don't like it one bit.https://t.co/sPzqEBqylh — John Rich🇺🇸 (@johnrich) October 3, 2023 I’m turning it all off, and disconnecting. Phones and tablets will be going in a drawer. h/t Mason …
🚨 NEWS ALERT: Netflix and Amazon Prime JUST TURNED DOWN Sound of Freedom (One of the most popular movies of the year)! THEY DO NOT WANT THE TRUTH ABOUT PEDOWOOD TO COME OUT 🚨 pic.twitter.com/U4ETPcvSPo — Matt Wallace (@MattWallace888) August 27, 2023
This is a test. This is only a test. But it’s going to be one very big test. On Wednesday, October 4 at 2:20 p.m. ET, every TV, radio and cellphone in the United States should blare out the distinctive, jarring electronic warning tone of an emergency alert, accompanied by a notice along these lines: …
‘Are We Ready For Another Pandemic Amidst a Fragile Global Economy and Climate Crisis? Health experts are raising urgent concerns over the rapid spread of a new Covid-19 variant known as Eris in the United Kingdom. The UK Health Security Agency (UKHSA) has reported that the Eris variant is now responsible for one in seven …
by Opposite_Captain_156 How the hell is a pedophile advocacy group even allowed to be a thing? That’s just absolutely insane to me.
View post on imgur.com https://twitter.com/nberlat/status/834085996690100224 https://www.bloomberg.com/opinion/articles/2023-07-15/qanon-and-sound-of-freedom-both-rely-on-tired-hollywood-tropes The person who wrote this Bloomberg opinion piece is leftist activist Noah Berlatsky @nberlat. He was the spokesperson for M.A.P. (minor-attracted person) advocacy group, Prostasia. He previously tweeted that pedophiles are a stigmatized group designated as deviants for hateful… pic.twitter.com/iT2pqLhku0 — Andy Ngo (@MrAndyNgo) July 17, 2023 h/t …
Trump to screen controversial ‘Sound of Freedom’ film at his golf club The film’s star, Jim Caviezel, will be among those accompanying Trump at the screening. https://www.nbcnews.com/meet-the-press/meetthepressblog/trump-screen-controversial-sound-freedom-film-golf-club-rcna94207 ROLLING STONE Donald Trump will host a screening of the controversial film Sound of Freedom at his Bedminster, New Jersey, golf club next week. The film, a thriller …
Some people have experienced bizarre issues while attempting to see the newly released drama, ‘Sound Of Freedom’. ‘Sound Of Freedom’ Sabotage? Some people have experienced bizarre issues while attempting to see the newly released drama, ‘Sound Of Freedom'.https://t.co/EskuG5ySpF — THEWATCHTOWERS (@THEWATCHTOWERS) July 13, 2023 I had no idea Anthony (Tony) Robins was one of the …
by confoundedinterest17 As Bidenomics (why Biden would brag about massive inflation in energy, food and shelter is beyond me), lurches forward, we have another shred of lousy economic news: US mortgage purchase demand fell -19% from the previous week and is how down -53% under Bidenomics). Mortgage applications increased 0.9 percent from one week earlier, …
AMC refunded an entire theater of tickets to Sound of Freedom due to lack of AC. This lady showed up an anyway and wants answers. "There was air conditioning in the lobby, in the hallway, in the bathrooms. Not the theaters? I smell something stinky."https://t.co/tvFGIIaDJX — Citizen Free Press (@CitizenFreePres) July 8, 2023 So, slapping …
https://twitter.com/SpartaJustice/status/1678208148224524289 h/t Ed Driscoll
BREAKING: SOUND OF FREEDOM IS NOW THE #1 MOVIE IN AMERICA WE BEAT DISNEY pic.twitter.com/PQl7jbewUm — Jack Posobiec (@JackPosobiec) July 5, 2023 https://www.youtube.com/watch?v=hyyyKcfJRGQ
by Chris Black What a hero. I’ve had it up to here with this “science” and its incessant beeping noises. Annoyed janitor turns off super-cold freezer, destroying decades of scientific work and causing at least $1M in damages: lawsuit https://t.co/Ffqt9Dvj4O via @nypost — Roy Rogers (@Roy_rogers_) June 27, 2023
US BANKING SYSTEM IS SOUND AND RESILIENT. — The Macro Pulse (@TheMacroPulse) June 21, 2023 of course it is.. pic.twitter.com/LskTAKVwHG — *nothing*to*see*here* (@_TE_Para_) June 21, 2023
by BoatSurfer600 Amazing to see the left with their heads in the sand on this one. They have absolutely no clue how f*cked they are. “This is fine” Kenya has joined the long and growing list of former staunch American geopolitical allies to ditch the dollar in favor of using local currencies, gold or other …
BREAKING: Pelosi committee doctored Jan 6 footage by adding audio, voices, sound effects https://t.co/9N5aVkaSCf — Jack Posobiec (@JackPosobiec) June 5, 2023 https://humanevents.com/2023/06/04/breaking-pelosi-committee-doctored-jan-6-footage-by-adding-audio-journalist-claims?utm_campaign=64483