
David Stockman on Fiscal Disaster, Social Unrest, and the Presidential Election
• https://internationalman.com, by David StockmanInternational Man: Recently, massive riots have broken out in many cities across the US.
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International Man: Recently, massive riots have broken out in many cities across the US.
One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy.
The U.S. federal government and its monopolist financier, The Federal Reserve, have created an economic fantasy world.
Those that have been hoping for some sort of a "V-shaped recovery" have had their hopes completely dashed.
Top Trump adviser warned him this was not reasonable just a day before
Those that have been hoping for some sort of a "V-shaped recovery" have had their hopes completely dashed.
Today, the Fed announced the terms of its new bond facility. In reality it's nothing but an asset price support mechanism.
Treasury Secretary Steve Mnuchin said last week declared that another $1-trillion will be created out of government debt and pumped into the economy.
A coalition of conservative leaders sent a letter to President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) warning that the congressional spending in the coronavirus must stop...
Two weeks ago, the generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5BN portfolio to a net short position for the first time since the financial crisis, and summarizing his dire assessment of the current u
Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that big trouble is on the horizon.
Ricky Varandas (Ripple Effect) on questioning everything/ anything in hopes to provoke thought & start a RIPPLE EFFECT - Harry Vox (Investigative Journalist VoxNews.com) on current Events - Peter Schiff (Schiff Gold) on the economy - Phranq Tamburri
The U.S. has spent more than half of $3 trillion in economic rescue funds passed by Congress -- with little of the oversight intended to ensure the money goes to the right places.
It was classic Fed "open mouth operations" as Powell tried to talk up the central bank's policies and assure everybody that everything is under control. But is it, really?
Financial writer Bill Holter says the Fed cutting bank reserves to 0% for the first time in history is a "huge deal" and a red flag for what is coming.
Since the coronavirus pandemic began grinding the global economy to a halt, we have been keeping a close eye on the auto market. The auto market was mired in recession prior to the virus and therefore has been disproportionately affected by the slowd
The Federal Reserve's models really are the most optimistic of the bunch. With the policy meeting conducted today, no surprises as far as policies go, we now know what ferbus has to say about everything that's happened this year.
How Do Americans Rank in Healthcare, Income and Education Compared to the Rest of the World?
And then it happened. A vicious sell off seemingly out of the blue putting a sudden end to the steepest rally ever with many indices and individual stocks getting hammered seeing sizable declines just as Nasdaq was making new all time highs and $SPX
Are We Living In A Simulation That Is Replaying Itself?
Urban communities all over the U.S. are now facing the possibility of a mass exodus of businesses, and many local leaders are freaking out because they realize what such a mass exodus will mean for their cities.
A failed financial system of central planning by The Federal Reserve is being clung to in America. It was wrong to ignore and replace the sound monetary system created by America's Founders and codified in the U.S. Constitution.
Well that escalated quickly... again!
With war erupting between Wall Street's "legacy" professional investors (headed by, say, hedge funds and Warren Buffett) and retail daytraders (the army of Robinhooders whose self-appointed king is the trading community's celebrity du jour Dave "I am
Why are stocks surging? Because it appears that the lunatic have taken over the asylum again, with Hertz stock up over 50% after the company announced on Thursday it would try to sell bankrupt stock (to manic Robinhood daytraders), in order to fund i
...$1 Billion In New Bankrupt Stock
The $1,000 handle for Tesla may turn out to be short lived, as investment banks Morgan Stanley and Goldman Sachs have both downgraded the equity since yesterday's close.
Mnuchin Scrambles To Halt Stock Rout, Says Will "Pump" Another $1 Trillion Into Economy This Month
An alarming number of Americans are having trouble making rent payments amid a period of high unemployment and an unfolding depression across the U.S.
Tim Picciott (The Liberty Advisor) gives the Economic Report - Rachel Goldsmith (former FSP President) on Porcfest 2020, activism, FSP, etc...