Tag Archives: #assetbubble

The 2022 Crunch

When debt overwhelms a shrinking working population – the ever widening chasm of an economy serving a barely growing “We the People” versus an economy twisted/tortured to serve the needs of an infinitely “growing” financial system serving “the Few”. Econimica: https://econimica.blogspot.com/2021/11/next-economic-financial-crisis-begins.html The fuel for economic growth, particularly in a nation running gargantuan trade and budgetContinue reading “The 2022 Crunch”

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””

Niall Fergusan and Evergrande’s Lehman Moment

Bloomberg: https://www.bloomberg.com/opinion/articles/2021-09-26/niall-ferguson-evergrande-is-a-victim-of-xi-jinping-s-china-crisis?sref=ZMFHsM5Z Evergrande’s Fall Shows How Xi Has Created a China Crisis The developer’s collapse isn’t leading to global contagion, but China’s looming economic disaster might. A major mistake of the Cold War was the tendency of Western observers to overestimate the Soviet Union. I have often wondered if the same mistake is being repeated withContinue reading “Niall Fergusan and Evergrande’s Lehman Moment”

Reverse Repo Madness

Is this the work of a serious artist? And here’s Tyler showing you what’s ahead: https://www.zerohedge.com/markets/25-trillion-reverse-repo-year-end RRP volume is quickly approaching $1 trillion a day, with today’s reverse repo usage hitting the second highest on record at $987.3 billion and just shy of $1 trillion. And with QE still running at $120 billion a month,Continue reading “Reverse Repo Madness”

If it’s somethin’ weird an’ it don’t look good

If there’s somethin’ strange in your neighborhoodWho ya gonna call?(Ghostbusters!)If it’s somethin’ weird an’ it don’t look goodWho ya gonna call?(Ghostbusters!) With the “Federales” talking up more lockdowns, their Ministry of Truth expanding and formalizing their diktats to their all-too-enthusiastic oligarchical cronies, and the casino face-planting while inflation steps up, it makes you wonder: howContinue reading “If it’s somethin’ weird an’ it don’t look good”

Don’t Fear the Reaper

Tim Knight shares the setups: https://slopeofhope.com/2021/07/a-new-ally.html I said over the weekend that, “It’s been a long time since I’ve felt so energized about the stock market. Bit by bit, things are truly beginning to break down.” The 900 point drop on the Dow I am staring at right now helps explain why. This morning hasContinue reading “Don’t Fear the Reaper”

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation”

Vladimir Ilyich Ulyanov aka Vladimir Ilyich Lenin Total household deposits have reached an all-time high level approaching $4.2 trillion and appear to be exceeding escapte velocity. As reported in Wall Street on Parade, Senator Cynthia Loomis (R-WY) asked Chairman Jerome “Wizard of Oz” Powell what he thinks will happen to inflation if even a fractionContinue reading ““The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation””

First Real Estate, Then Oil, Next is Food

The quantity of USDs in circulation has been growing at an accelerating rate since the JFK/LBJ Guns and Butter program. The bill came due when Nixon came along. One option was to cut spending and raise taxes to pay off the debt. Nixon took the other option and closed the gold window giving rise toContinue reading “First Real Estate, Then Oil, Next is Food”