Peak Ponzi: Domino Theory

Evergrande: Companies like Evergrande. Junk companies borrowing USDs at 20%+ comprising ~35 “significant” companies representing 12.5% of the current market cap of the Red Ponzi property sector has already lost some $500 billion to date. These companies develop and sell the 85% of homes bought as investment property – speculators – facing to be a seriousContinue reading “Peak Ponzi: Domino Theory”

Ball. Court. Germany: how do you like those 2000EURs/month heating bills?

Gold, Goats, and Guns: https://tomluongo.me/2021/10/06/european-energy-crisis-gas-you-think-burning/ The European Gas Crisis keeps hitting new high after new high as gas prices around the world go ballistic.  While this isn’t just a European problem, if you read the MSM, that’s all they seem to care about.   You know, it snows in Japan as well folks, and China.Continue reading “Ball. Court. Germany: how do you like those 2000EURs/month heating bills?”

Fed End Game or “Ending the Game of Fed”

US debt is currently ~$29 trillion – up ~$6 trillion in 2 years. All signs are Joe “10% for the Big Guy” intneds to double that rate this year even as supply chains are incapable of handing the modest economic growth to date. No surprise, the 14% inflation we’re seeing (yes – it’s 14%) isContinue reading “Fed End Game or “Ending the Game of Fed””

Coal for Christmas – China’s Supply Chain in Crisis

Human Terrain: https://fortisanalysis.substack.com/p/coal-for-christmas In mid-April 2021, I began receiving reports from sources in China and the United States that certain regions in China had begun to experience ongoing power disruptions at their warehouses and manufacturing facilities. Most notable of these was in south China’s Guangdong megaregion, where in June operations at the Taishan Nuclear PowerContinue reading “Coal for Christmas – China’s Supply Chain in Crisis”

PREEMPTive Strike: Scientific support for mandates were built on a known false premise

Prometheus Shrugged: https://prometheusshrugged.substack.com/p/edificewrecks Mutually Assured Corruption I’ve long sought to avoid the COVID-19 vaccine debate, because there are plenty of voices on either side, and there are many other facets of the tragedy that have been largely ignored. However, recent events & discoveries have compelled me to temporarily set my neutrality aside. The large-scale implementationContinue reading “PREEMPTive Strike: Scientific support for mandates were built on a known false premise”

Doomberg on Powell

While far from being a fan of Jerry “The Put” Powell, Dormberg does a great job highlighting the banana republic in which we live. https://doomberg.substack.com/p/jerome-powell-is-finished The elephant in the room is whether you’re going to be renominated. Renominating you means gambling that, for the next five years, a Republican majority at the Federal Reserve, with a Republican chair who has regularlyContinue reading “Doomberg on Powell”

Blackouts in the Red Ponzi

Container Shipping’s Latest Shock: Blackouts in China The Loadstar Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions. By Friday, at least 10 publicly listed companies told the Shanghai and Shenzhen stock exchanges their factory output had been hit byContinue reading “Blackouts in the Red Ponzi”