It’s been a busy weekend and to summarize the mood of markets and world reality today sell every damned thing that is not nailed down. […]
Tag: ECONOMY
Municide Redux?
In a bygone era when this author still did international live radio, I penned a piece titled “Municide” which outlined how the housing crisis was […]
Bend Over, This Might Hurt a Bit – 5.25% 30 Year Mortgage
If you’re looking to buy a new home, BOHICA and grab some of this stuff too: The 30 year mortgage just hit 5.25% and that’s […]
Is There a New Covid-19 Variant in Shanghai?
WARNING: This thread contains images and videos which might be shocking to some snowflake or sensitive readers. Personal responsibility means taking just that; if you […]
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 […]
IMF Launches Another Assault on Cryptocurrency
It’s another day ending in the letter ‘y’ so it must mean an international agency, bankster, or media outlet is attacking cryptocurrency. From Pymnts.com: IMF […]
More Tomfoolery From the New York Fed?
Normally this author would not have time to comment on something as boring as the Federal Reserve Primary Dealer list. But to say there are […]
2008 Déjà Vu Market Indicator by Cramer All Over Again?
There are cartoon characters bigger than life. Then there are media circus clowns who think they are bigger than life but nothing more than cartoon […]
The Fed Minutes: Let The Sheep Eat Inflation
Today the big hoopla on the financial Bubblevision networks was the release of the Federal Reserve Board of Governors meeting minutes. The behind the scenes […]
The Corruption of the Fed, Wall St., and D.C. in One Short Story
Those of us who have been swearing at, about, and repeatedly about the cabal of corruption which now manages the political and financial affairs of […]
04.06 Russia Energy Update: No New Sanctions from EU, Including Coal
How bad and incompetent has the West become? Try this headline from earlier today (via Reuters): 04/06/2022 | 11:01am EDT EU DIPLOMATS FAIL TO APPROVE […]
The Dominoes in the Food Supply Crisis are Falling
The outbreak of riots over fuel and fertilizer prices in Peru is only a small taste of what is to come. In some prior articles […]
And so it Begins: Peru Imposes Curfew in Lima after Fuel Price Riots Leave 4 Dead
The central banksters of the world apparently didn’t learn their lesson from the 1970’s and the news from Peru is indicative of what is going […]
Germany Says They Can not Impose Sanctions on Russian Gas; Update at 21:00 UTC – EU Will NOT Impose Sanctions Either
04.04.22 21:00 UTC UPDATE: From the Irish Times: No sanctions on Russian gas planned at the moment, EU says Wow. After all the bravado this […]