ZeroHedge: https://www.zerohedge.com/commodities/white-house-panics-prices-rebound-mulls-gasoline-export-ban-blasts-opec-hostile-acts “On the 1MC, sound collision alarm, sound collision alarm” White House Panics As Gasoline Prices Rebound, Mulls Export Ban, Blasts OPEC+ “Hostile Acts” BY TYLER DURDEN WEDNESDAY, OCT 05, 2022 – 07:44 AM OPEC+ could be on the verge of one of the largest production cuts in two years, a move White HouseContinue reading “There Will Be Blood: White House Amateur Hour Edition”
Category Archives: Uncategorized
The Night They Drove Ol’ Credit Suisse Down
CS stock is down over 5% in pre-market trading (ADRs) to a new record low… Market cap to $11 billion. Per ZeroHedge: And CS credit risk has spiked to record highs this morning, topping 280bps at one point – basically disallowing the company from any investment banking business. This is higher than the bank’s credit risk traded atContinue reading “The Night They Drove Ol’ Credit Suisse Down”
G-SIB Death Watch
Price to Book as of October 2, 2022: Deutsche Bank 23.4% Credit Suisse 24% Societe Generale 27% Standard Chartered 33.2% Credit Agricole 33.8% Barclays 34.4% Unicredit 37.2% Bank of China 38.7%
The Euro Without German Industry
Michael Hudson: https://www.unz.com/mhudson/the-euro-without-german-industry/ The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a greatContinue reading “The Euro Without German Industry”
Vladimir Putin Speech: Accession of the Soviet-era Oblasts
Official Transcript: http://en.kremlin.ru/events/president/transcripts/69465 Signing of treaties on accession of Donetsk and Lugansk people’s republics and Zaporozhye and Kherson regions to Russia A ceremony for signing the treaties on the accession of the Donetsk People’s Republic, the Lugansk People’s Republic, the Zaporozhye Region and the Kherson Region to the Russian Federation took place in of the Grand Kremlin Palace’s St George Hall. President of Russia Vladimir Putin: Citizens of Russia, citizens of the Donetsk and Lugansk people’s republics, residents of the Zaporozhye and Kherson regions, deputies of the State Duma,Continue reading “Vladimir Putin Speech: Accession of the Soviet-era Oblasts”
Empire of Lies
Henry Kissinger: “It may be dangerous to be America’s enemy, but to be America’s friend is fatal.”
500 KG of TNT
ZeroHedge: https://www.zerohedge.com/geopolitical/another-nord-stream-leak-detected-swedish-coastguard-says Germany Believes High Explosive Devices Equivalent To “500 Kilograms Of TNT” Used To Destroy Nord Stream BY TYLER DURDEN THURSDAY, SEP 29, 2022 – 09:54 AM Update (0954ET): German newspaper Der Spiegel reported that German security officials believe “highly effective explosive devices” were used to blow up the Nord Stream pipelines in the Baltic Sea. Continue reading “500 KG of TNT”
Chinese Armor and Combat Engineering Equipment Heading to Ukraine?
Bank of England: QE+Raising Interest Rates
ZeroHedge: https://www.zerohedge.com/markets/bank-england-capitulates-restarts-qe-due-significant-dysfunction-bond-market-material-risk Bank Of England Capitulates: Restarts QE Due To “Significant Dysfunction” In Bond Market, “Material Risk” To Financial Stability BY TYLER DURDEN WEDNESDAY, SEP 28, 2022 – 11:22 AM Just a few days ago we wrote that “Something Is About To Break” and prompt a capitulation from one or more central banks, which oddly wasContinue reading “Bank of England: QE+Raising Interest Rates”
Econophysics2020 