"Stupid And Ridiculous": Rabobank Says The Fed Will Cause Everything To Come Crashing...
• https://www.zerohedge.com, by Michael Every"Stupid And Ridiculous": Rabobank Says The Fed Will Cause Everything To Come Crashing Down In Epic Ruin
Contents Pages by Subject
Economy - Economics USA
Surprise: Robinhood Appears To Be Down Again
• https://www.zerohedge.com, by Tyler DurdenWith the market crashing below Friday's pre-payrolls hype levels...
The Illusion Is Wearing Thin
• https://www.zerohedge.com, by Bill Blain"It is the system that deserves to be blamed. What those who wish to perpetuate the system deserve is another question."
Federal Debt Tops $26 Trillion for First Time; Jumps $2 Trillion in Just 63 Days
• https://www.cnsnews.com,The debt of the federal government topped $26 trillion for the first time on Tuesday, when it climbed from $25,960,547,920,986.11 to $26,003,751,512,344.91, according to data released today by the Treasury Department.
Attention All "V" People
• Zero Hedge - Tyler DurdenI and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
"US Living Standards Are About To Be Squeezed As Never Before" ...
• https://www.zerohedge.com, Via SchiffGold.com"US Living Standards Are About To Be Squeezed As Never Before" - Yale Economist Warns Of Dollar Crash
Fed Will Purchase "Approximately" $80BN In Treasurys Per Month, $40BN In MBS
• https://www.zerohedge.com, by Tyler DurdenWith traders curious if the Fed will leave open-ended QE or will formalize asset purchases to a specific monthly amount...
Crisis "Incubation Phase" - John Hussman Warns It's Coming "Gradually, & Then Sud
• Zero Hedge - Tyler DurdenFederal support remains essential, but is best targeted toward preserving the "circular flow" of the economy by supporting the basic incomes of families and incentives for productive investment, limited to those actually experiencing economic dam
Mnuchin Scrambles To Halt Stock Rout, Says Will "Pump" Another $1 Trillion Into Economy Th
• Zero Hedge - Tyler DurdenUnfortunately for the stock market president, unlike previous Mnuchin appearances, this time the market was largely oblivious to his message, and was trading near the worst levels of the session, just around 3,100.
Reviewing the World and the Rest of Your Life
• https://www.nextbigfuture.com by Brian Wang18 months ago, Nextbigfuture looked at the World and the rest of the life of a middle aged person.
The Looming Bank Collapse - or - Corporate Debt Jenga
• The AtlanticBut banks learned few lessons, and new laws intended to keep them from taking on too much risk have failed to do so. As a result, we could be on the precipice of another crash.This one could be worse.
Economic Nonsense in the New York Times
• https://www.fff.org, by Jacob G. HornbergerIf you have a kid who is trying to figure out where to go to college, you might want to counsel him or her to avoid going to Stony Brook University, at least if he or she plans on majoring in economics.
Senate Bill Proposes $10,000 per Month UBI TAY6
• The Liberty Advisor - Tim PicciottIn this video Tim and Yoshi cover a few areas they forgot to cover the previous night and expand upon a few topics, such as the German Stock Market and unemployment numbers.
A Dollar Crash Is Coming
• https://www.zerohedge.com, by GoldCoreThe world is having serious doubts about the once widely accepted presumption of American exceptionalism.
Peter Schiff Exposes The Fed's Mission Impossible
• Zero Hedge - Tyler Durdenthe government is spending a lot of money it doesn't have. Deficits are exploding. The Federal Reserve is printing trillions of dollars. All to keep people employed.
QE Conspiracist Proven Right
• Tim Picciott - The Liberty AdvisorIn this walk and talk Tim talks about the recent jobs number and why the number might not be what its all cracked up to be.
Trump Predicts US Economy to Recover by 2021 -- Fed Chair, Economists Disagree
• https://news.bitcoin.com, by Kevin HelmsPresident Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a "misclassification error." Officials say the numbers are artificially low, and Federal Reserve C
The END of America? Peter Schiff Gives His Forecast
• YouTube.Com - Mark DiceEconomist Peter Schiff joins Mark Dice to discuss his forecast for the economy, the importance of gold and silver, and his assessment of Bitcoin.
"This Is Just The Start": US Bankruptcies Soar 48% In May, Most Since Financial Crisis
• Zero Hedge - Tyler DurdenOne month ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11 filings that is about to flood the US will be nothing short of biblical.
Surprise: The BLS Admits Another Phony Jobs Report
• https://www.thestreet.com, MishJobs unexpectedly soared this month and the unemployment rate took a big dip. But the BLS admitted another error.
Decline in Mortgage Forbearance Plans But Payments Drop Too
• https://www.thestreet.com, MishThis week brought the first net decline in active forbearance plans since the crisis began. But mortgage payments declines as well.
US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
• https://news.bitcoin.com, by Jeffrey GogoBitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering.
Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
• https://news.bitcoin.com, by Jamie RedmanThe Federal Reserve's Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereu
This Makes No Sense: In Month When US Was Shut Down...
• https://www.activistpost.com, By Tyler DurdenThis Makes No Sense: In Month When US Was Shut Down, BLS Estimated 345K New Businesses Formed
U.S. labor market unexpectedly improves; recovery years away
• https://www.reuters.com, Lucia MutikaniThe U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long.
Doug Casey on the Coming Bond and Real Estate Collapse and Where the Next Bubble Will Be
• LewRockwell.com - Doug CaseyThe bond super bubble continues to get bigger. Interest rates seem to be headed even lower from here. Is this the blow-off top in the bond market?
The Cracks in the Financial System Are Getting Bigger.... Here's What It Could Mean for Gold
• Doug Casey - International ManThe new and popular handle is Modern Monetary Theory. But it's the same old Ponzi scheme. It's still plain old money printing.
Extraordinary Disconnect Between Stock Prices and Economic Collapse
Stephen LendmanUS -- US equity prices are near or at all-time highs at a time of unprecedented economic collapse, a festering main street Depression, unemployment way higher than in the 1930s, with no prospect for a V-shaped recovery, only its illusion.
Negative interest rates could be needed for a 'V' recovery, Fed economist says
• https://www.cnbc.com, Jeff CoxGetting the U.S. economy back to strong growth could require negative interest rates, according to a St. Louis Federal Reserve economist.
What I Make Of Everything And The Biggest Looting In American History
• The Liberty Advisor - Tim PicciottIn this video we cover what I think about everything. We talk about the origins of the 2020 financial crisis and how that was actually rooted in FED policy dating back to late 2018… actually further than that but I didn't have all day to talk.
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