1.
Sanctions vs Russia? Russia is winning. And it’s the USA facing financial contagion. Sanctions have only hurt the West. Putin was prepared while the West fiddled…
2.
So “tough-talking Powell” may reverse interest rate course very soon. Things break when rates go up. As a result, expect The Fed to start pumping funds into the system. Different terminology may be used in lieu of QE, but it’s all the same. Social planning protecting our capitalistic infrastructure…
3.
I agree this isn’t 2008, it’s far worse. FDIC is now obliterated and our Govt is backstopping uninsured deposits currently valued at $17 Trillion. This is how we get a Fed balance sheet of $30 Trillion and then $50 Trillion. QE infinity won’t work in a multi-polarity world…
4.
You gotta love this market reaction; everything’s fine. It’s just the banks…That sounds about right??
5.
The shocker isn’t that this financial panic occurred, the shocker is why it took so long to arrive…
6.
What happens when the 1000s of office buildings can’t pay the banks due to vacancy levels? This is not over.
7.
In the old days, bank customers had to wait in line to withdraw funds. Now, we can push a few buttons to withdraw any amount. Technology has made it seemless to drive banks out of business. Compare this ease to having your assets in a fixed annuity. Sometimes it pays to have your assets”roped off” from technology…
8.
Side note: Germany’s national debt has increased 10 times since 2021— from 4 to 40 billion Euros. Red flags are everywhere in the West…
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