All I can say is wow. A place that I lived in several years ago, and no do not start calling my wife and I […]
Tag: DEFAULT
TINA Means Inflate or Die
The younger crowd will probably not remember the legendary newsletters nor interviews of Richard Russell and his Dow Theory Newsletter. In one of those letters […]
Grocery Store Creepflation Rides Again
Sometimes, and I do mean quite rarely, the mainstream news media does not lie: Soaring Food Prices Undermine Biden’s Economic Pitch to Voters – Bloomberg […]
The CMBS Crisis Just Became a Little Bit More Serious
The Bubblevisions and Mainstream media are on a winning streak with their ignorance of the real news once again. Just like 2006 and 2007. In […]
The Credit Crash Approaches: A Warning Video
A lot of people accuse me of crying wolf over the years, even though when I hosted a radio show and was a lot more […]
Russia Technically Defaults on Foreign Debt for First Time in 104 Years
H-i-s-t-o-r-y. Unfortunately for the misguided vultures of the West, it is somewhat irrelevant. The Federal Reserve controlled credit rating agencies can not lower their ratings […]
ISDA Rules Russian Railways Credit Default
In what will be the first of many to come, ISDA today ruled that the Russian Railways are now officially in default for not paying […]
And Another Major Chinese Property Developer Misses $205 Million U.S. Dollar Bond Payment
Remain calm, all is well, until it isn’t. With the Chinese markets closed for a holiday the next few days this breaking news story is […]
The 2008 Housing Crisis was Nothing Compared to the Next Crash
Those who were not aware of what was happening to America’s housing economy in 2005 through 2008 only have the movie The Big Short as […]
S&P Repeats its 2008-2009 Performance with Evergrande Ratings Cut
If anyone is a fan of the book or movie The Big Short, one has to remember the scene where Mark Baum confronts the S&P […]