Five Wall Street ‘Casino’ Banks Hold $223 Trillion in Derivatives — 83 Percent of All of the Derivatives held at 4,600 Banks. The vast majority of which are held in SWAPS. Everything is fine

By Pam Martens and Russ Martens: February 13, 2024 ~ According to the Financial Crisis Inquiry Commission (FCIC), derivatives played a major role in the financial crash of 2007 to 2010 in the United States, the worst financial crisis in …

READ MORE

BREAKING: President Milei’s Decrees Which Have Caused Mass Protests and Argentina’s Congress Being Surrounded, English Subtitles

🇦🇷 #AHORA | Manifestantes rodean el Congreso de Argentina en Buenos Aires. pic.twitter.com/uzHS62KIdY — Mundo en Conflicto 🌎 (@MundoEConflicto) December 21, 2023 Argentines Today is a historic day for our country after decades of failures, impoverishment, decadence and anomie, today …

READ MORE

China property crisis: Country Garden faces reckoning, faces fresh debt payments, could announce restructuring soon. The developer, which missed two dollar interest payments last month, has two coupons totaling $66.8 million coming due on Oct 09…

by waitingonawait Friend thinks this will be a nuke to the economy. https://www.reuters.com/world/china/chinese-developer-country-garden-faces-fresh-offshore-payments-deadline-2023-10-09/ HONG KONG, Oct 9 (Reuters) – China’s Country Garden (2007.HK) may announce a restructuring plan for its offshore debt soon, local media reported on Monday, as the country’s largest …

READ MORE

ED MORRISSEY ON 20 Years in the Blogosphere, and the Danger Ahead. “The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them.”

via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose …

READ MORE