Hugh Hendry Urges Massive Dollar-Devaluation, Wants Joe Rogan To "Radicalize" The Fed
• https://www.zerohedge.com, Tyler Durden"Chaos is coming... The mood of the nation is what unleashes the inflationary genie...it is not a monetary phenomenon."
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"Chaos is coming... The mood of the nation is what unleashes the inflationary genie...it is not a monetary phenomenon."
The lockdown of the economy by government order is proving to be a blunder of epic proportions. Coronavirus is still on the loose. Yet, as a result of the lockdown, the economy's been destroyed.
The last week of June marks the time when investors lost hope for a V-shaped economic recovery as confirmed COVID-19 cases are exponentially rising in Texas, Florida, and California, and the Tri-state area imposed quarantine restrictions on travelers
The Wuhan coronavirus (COVID-19) pandemic looks to claim some unlikely victims – hospitals. In a new report, the American Hospital Association (AHA) warned that hospitals and healthcare systems "face catastrophic financial challenges" in the mi
After declining for three weeks, the number of borrowers delaying their monthly mortgage payments due to the coronavirus rose sharply once again.
I'm going to show you a chart based on data that the Atlanta Fed released today. We'll dissect it in a moment. The chart would be funny, if it weren't so serious.
So this is about expectations for their own businesses, and about the uncertainty of their own expectations.
After a medicore 7Y auction last month, but following a very strong 5Y auction yesterday, moments ago the Treasury sold a record $41 billion in 7 year paper at the lowest yield on record, or 0.511%...
Fear of COVID-19 absolutely crippled the U.S. economy during the first half of this year, and now it appears that there are some people that are pushing for that to happen again during the second half of 2020.
A record 32 million American adults were living with their parents or grandparents in April, according to the latest American Community Survey from the U.S. Census Bureau, an increase of 9.7 percent over a year ago.
One month ago, when looking at the recent flurry of chapter 11 filings and a striking correlation between the unemployment rate and loan delinquencies, we said that a "biblical" wave of bankruptcies is about to flood the US economy.
We have been making the case for weeks that we aren't heading for a quick recovery.
The outlook for malls gets darker and darker. Department stores have been getting clobbered since 2000. Clothing stores have not kept up with inflation. Covid just hit food services.
A stunning 30% of Americans didn't make their housing payment for June - a figure that is likely going to ripple through the housing industry in coming months
Wall Street steals ten trillion dollars here, there, everywhere. Pretty soon you are talking about the end of human freedom, the end of humanity, the end of everything and everyone we cared for.
A no-holds-barred discussion of the economy after the coronavirus shutdown and George Floyd protests.
International Man: Recently, massive riots have broken out in many cities across the US.
It is about fifty years since, as an undergraduate, I took my first economics classes in college.
Donald Trump says Americans will get a SECOND coronavirus stimulus check and hints the next stimulus package will be 'very generous'
I'd like to address some aspects of the Greater Depression in this essay.
Is it 1999 or 2007? Retail investors flood the market as speculation grows rampant with a palpable exuberance and belief of no downside risk. What could go wrong? Do you remember this commercial?
A no-holds-barred discussion of the economy after the coronavirus shutdown and George Floyd protests. Are we facing another Great Depression? Can there be a V-shaped recovery or is this wishful thinking?
On this episode of The Crypto Wealth Show, Tim Picciott CFP® CRPC® interviews Sten Via of Equa Start.
As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to service mortgage payments.
Adults in the United States are feeling economic pressure due to the coronavirus pandemic.
You thought that monkey on your back was light as a feather, but now it transmogrified overnight into a crushing gorilla.
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed's dollar.
International Man: Recently, massive riots have broken out in many cities across the US.
As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to service mortgage payments.