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The EVERYTHING BUBBLE, led by bonds, is about to BURST – just in time for WWIII

October 22, 2023 -

Take the ongoing "bond bloodbath," as Wolf Richter calls it. Delusions about the Federal Reserve's fight with inflation are finally giving way as reality sets in that inflation is not going away. It is not transitory like notorious liar Treasury Secretary Janet Yellen kept saying, and there does not really appear to be any way to stop it.

Long-term yields are right at the point of breaking 5 percent – the last time this happened was in 2007, and we all know what happened ...

DOLLAR EXODUS: Investors scooping up “safe haven” assets like gold and bonds as dollar devaluation accelerates

January 03, 2024 -

Panic buying for bonds is off the charts, as is the price of gold as investors gobble up whatever items of value that they believe will protect them from the financial Armageddon that is currently in motion.

Over the Channukah and Christmas holidays, the values of nearly every other asset class besides the U.S. dollar increased. The U.S. dollar, meanwhile, dumped in value as investors shed the increasingly worthless paper backed by nothing in favor of assets that are ...

This is a blueprint for how the dollar goes kaput

January 22, 2024 -

(Article by Simon Black republished from SovereignMan.com)

With no agreement on spending anywhere on the horizon for the current fiscal year, the US Congress passed yesterday a ‘Continuing Resolution’ to keep the government temporarily funded for another six weeks.

This is nothing new; in fact, Congress has passed more than 50 Continuing Resolutions just since 2010, primarily because they almost NEVER manage to figure out the budget prior to the start of the fiscal ...

U.S. government to pay an additional $1.1 TRILLION in interest for country’s debt over the next 10 years after Treasury yields jump

February 23, 2024 -

Interest costs are on track to exceed defense this year as one of the biggest government expenses in the budget. Only Social Security and Medicare are expected to be larger burdens in the coming years.

The U.S. is expected to spend $870 billion, or 3.1 percent of gross domestic product (GDP), on interest payments this year. That is bigger than the proposed $842 billion budget for the Department of Defense (DoD) in fiscal year 2024. Based on CBO estimates, interest payments ...

A MASSIVE financial collapse is coming that will destroy everyone’s assets, warns Paul Craig Roberts

6 days ago -

Quietly outside of public view, those in control have made a series of regulatory changes preceding the coming collapse that basically dispossessed the American people of all our property. Most Americans have no idea this happened, but when the rubber meets the road, they will learn in an instant that their lives and futures have been stolen from them.

Paul Craig Roberts unpacked the issue in a three-part series called "The Great Dispossession" that the bubble will, in fact, ...

The government debt crisis that we have been warned about for decades is happening right now

November 29, 2023 -

(Article republished from TheEconomicCollapseBlog.com)

At this moment, our national debt is sitting at $33,836,693,993,860.35.

It is probably going to hit 34 trillion dollars by the end of the year.

To put this into perspective, when Barack Obama first entered the White House we were about 10 trillion dollars in debt.

We are literally committing national suicide, but for a long time most Americans didn’t really care because we were not experiencing ...

Brace yourself: Ongoing Treasury bond collapse ranks among worst in market crash history – and the carnage has only just begun

October 09, 2023 -

According to reports, Treasury bonds with maturities of 10 years or more have plummeted 46 percent since March 2020 when the Wuhan coronavirus (COVID-19) "pandemic" was declared as cover for the hemorrhaging financial system and mini-crash that occurred around that same time.

The last time Treasury bond losses were this large was back during the dot-com bubble burst at the turn of the 21st century.

Meanwhile, the bond rout is currently worse than the one that ...

COLLAPSE? Bond bloodbath commences as Fed’s desperate fight against inflation fails

October 27, 2023 -

It is also finally admitting it cannot normalize interest rates after having spent 18 months believing in the hype about a Fed pivot and rate cuts to something like zero percent that would be forced on the Fed by a steep recession, with lots of forever-quantitative easing (QE) to follow.

The latest retail report reflected high increases in retail sales that were in good part due to high increases in inflation. Richter called the occurrence a "bond bloodbath." "Today, ...

DUMPING DEBT: Nearly two dozen countries, including many US allies, are dumping their US Treasury bond holdings

July 31, 2023 -

China began its long process of selling off its massive U.S. debt holdings in June 2019, when it was removed from its top spot as the largest foreign owner of U.S. Treasuries as Japan increased its own bond holdings. By April 2022, U.S. Treasuries held by the Chinese dropped below the $1 trillion mark.

From December 2022 to March, China sold over $31.3 billion in U.S. debt. By the end of July, China once again sold $46.2 billion in U.S. Treasuries. Current estimates of ...

Special Report: The Health Ranger and Steve Quayle discuss “The Last Days of the American Empire”

May 26, 2023 -

"We do not celebrate the end of the American empire," Adams began. "This is a sad day. This is a loss for humanity. The American empire – the America that we know, that we lived in all our lives – is coming to an end through multiple vectors and means."

Quayle agreed, stating that it is indeed a time of mourning as the country is falling apart at the seams. He cited the border issue in Texas, the brewing tension with China over Taiwan and the Department of the Treasury's ...

Trigger for next financial implosion

October 03, 2023 -

(Article republished from TheBurningPlatform.com)

The U.S. banking system and likely, the global banking system, is essentially bankrupt. They just won’t admit it and central bankers won’t let them admit it. These “brilliant” Harvard Business School and Wharton trained financial geniuses thought it was a great idea to load up their institutions with mortgage and Treasury bonds when they were paying 0.5%. Now the ten year Treasury is 4.58%. Even a dolt like AOC or Pelosi ...

The world is sitting on a powder keg of debt

December 21, 2023 -

(Article by Michael Maharrey republished from SchiffGold.com)

One of the major reasons is debt.

The world is buried under record debt levels and the global economy can’t function in a high interest rate environment.

Fed officials know that and it is certainly one of the reasons they don’t want to raise rates any higher and hope to bring them down as soon as possible.

Over a decade of easy money policies incentivized borrowing to “stimulate” the ...

The great dispossession part 3

7 days ago -

(Article republished from PaulCraigRoberts.org)

In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property.

In Part 3, I explain David Rogers Webb’s conclusion that a massive financial crisis is pending in which our financial assets are the collateral underwriting the derivative and financial bubble and will result in the loss of our assets but leave us with our debts as happened to those whose banks failed in the 1930s.

Webb ...

El Salvador president warns West’s “backed-by-nothing-dollar” will drag down the rest of the world

2 months ago -

Fresh from winning a second term in office with at least 85 percent of the vote, Bukele spoke at the Conservative Political Action Conference (CPAC) in Maryland on Feb, 22, where he added in his speech that the American economy is based on the "farce" of printing unlimited amounts of money. It would not be far for the Western civilization to collapse when that bubble "inevitably bursts," he said. He closed the speech calling for massive structural changes to the U.S. economy.

"Conservatives....

DEBT SURGE ALERT: $8.9T government debt to mature, $1.4T budget deficit expected in 2024

February 14, 2024 -

The Federal Reserve has also been running down its balance sheet by $60 billion per month. The bottom line, experts said, is that someone will need to buy more than the said amount in U.S. government bonds. It is more than one-third of the U.S. outstanding federal debt and more than one-third of the country’s gross domestic product (GDP).

According to education platform Apollo Academy's Chief Economist Torsten Slok, this is going to be a particular challenge when the ...

Intentional destruction

December 19, 2023 - The Great Depression was a well-executed plan to seize assets, impoverish the population, and remake society. What comes next is worse...

A recent book by David Webb sheds new light on exactly what happened during the Great Depression. In Webb’s view, it was a set up.

Webb is a successful former investment banker and hedge fund manager with experience at the highest levels of the financial system. He published The Great Taking a few months ago, and recently supplemented ...

Russia vows to respond in kind if West seizes its frozen assets

January 02, 2024 -

Peskov asserted that Russian authorities had carefully assessed the unpredictability of the opposing side, noting their tendency to disregard international laws. He emphasized that, at present, the idea of confiscating foreign assets in Russia was purely theoretical but indicated that Moscow had prepared in advance for such a scenario.

Highlighting the consequences of the economic sanctions imposed by Western powers, Peskov remarked that they had not initially considered ...

Evergrande Group files for bankruptcy in the U.S. after two years of distress… debt defaults will now spread across America

August 21, 2023 -

Much of Evergrande's corporate debt was held by American and European institutional investors. The Chinese company first defaulted on its bond in 2021.

Founded in 1996 by entrepreneur Xu Jiayin, Evergrande began as a property developer in Guangzhou and swiftly expanded its operations, becoming a symbol of China's rapid urbanization and real estate boom.

During its ascent, Evergrande embarked on an ambitious expansion strategy, acquiring land at a staggering pace ...

Bond investors warn: Brace for INEVITABLE RECESSION caused by Fed’s continued RATE HIKES

June 16, 2023 -

The investors' warnings contrasted with the Biden administration's narrative of U.S. stocks returning to a bull market, the economy outperforming expectations and the threat of an economic collapse being mitigated. Sticking to their pessimistic forecasts, they advised against hedging any bets on risk assets.

Steve Ellis, global fixed-income chief investment officer at Fidelity International, remarked he is most concerned about "something akin to a credit crunch." A report ...

‘Terrorist’ economy: Washington is prepared to create a new financial disaster for the whole world

November 10, 2023 -

(Article republished from RT.com)

These once-taken-for-granted pillars of eternal truth are looking awfully shaky. The tectonic plates of the US-led global financial system have been rustling ever more frequently in recent years but the quivers are now coming more frequently. At the heart of this increasingly brittle and dysfunctional system is the US Treasury market.

Everyone has noticed the sharp rise in yields in recent months. In early October, the US 10y ...