More Bailouts Needed Soon? Russian Banks Creating Major Counter Party Risk For Large Banks
Counter party risk continues to grow the longer…
Continue readingCounter party risk continues to grow the longer…
Continue readingThe PBOC has managed to drag these issues out longer and pick winners & losers, while real estate prices…
Continue readingWhy do they get bailouts for risky bets?
Continue readingThe surest sign that a country has become a Banana Republic is the extreme…
Continue readingThe bubble may have found its pin…
Continue readingThe final decision will come down to Do We Bailout the Banks Again or let them fail and…
Continue readingWill it need a bailout or to be taken over by the Chinese government soon?
Continue readingThere’s been chatter aplenty about the surge in the amount of reverse repos…
Continue readingAll the risks generated by gambling with trillions of borrowed and leveraged dollars didn’t actually vanish; they were transferred by the Fed to the entire system…
Continue readingThere’s little reason to assume the Democrats will depart from the GOP trend…
Continue readingMore details are coming out about Archegos and the growing repo and collateral problems. The Fed is going to have to do more insane amounts of…
Continue readingWe’re witnessing the greater fool theory taken to its logical extreme. Unfortunately, since a national government doesn’t have money of its own…
Continue readingThe taxpayer is backstopping more credit risk than ever…
Continue readingPresident-Elect Biden just proposed that $10,000 of student debt be forgiven for each borrower. This sounds generous but is actually just the opening bid in a…
Continue readingNew York would be forced to lay-off thousands of workers, increase taxes, fares, tolls and government borrowing with “devastating” consequences if…
Continue readingThe truth is when it comes to bailing out Wall Street, those who support bailouts hardly limit themselves to loans…
Continue readingCan this all be reversed once the crisis is over, or has the Rubicon been crossed?
Continue reading200 years worth of debt were added in 2020 as Trump outdoes Obama’s deficit in only one term…
Continue readingThis screenshot from the mainstream financial press says it all…
Continue readingSorry Fed, it’s too late. The dominoes are already toppling, and every point of failure is being exploited by the catalyzing effects of Covid…
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