Global Economic Crisis Monetary Scarcity Jeff Snider. #jeffsnider#emil#eurodollar#economy credit https://www.youtube.com/watch?v=Tlfiq4WPseU&t=382s DISCLAIMER : I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All...
Read More »If Mauritius is a Tax H(e)aven, Other African Countries Must be Tax Hells
It is common for commentator to point to corruption, incompetence, malicious Western meddling, and other factors as the source of Africa’s continued economic woes. One seldom hears so-called experts point to taxes as a major impediment to economic development. Even “development economists” do not repudiate Africa’s paradoxically onerous tax regimes. Worse still, powerful (and harmful) neocolonialist institutions, such as the International Monetary Fund (IMF), tend to...
Read More »Markets Look for Direction
Overview: The biggest development today in the capital markets is the jump in benchmark interest rates. The US 10-year yield is up five basis points to 2.86%, which is about 10 bp above Monday’s low. European yields are up 9-10 bp. The 10-year German Bund yield was near 0.88% on Monday and is now near 1.07%. Italy’s premium over German is near 2.18%, the most in nearly three weeks. Although Asia Pacific equities rallied, led by Japan’s 1.2% gain, but did not...
Read More »Global Money Scarcity Observed in Recent 1 Month Treasury Auction [Ep. 276, Eurodollar University]
A recent US Treasury auction for one-month Treasury Bills showed heavy premiums paid by the market to secure the global monetary system's most desired financial collateral. It signals ongoing collateral / credit / money scarcity, so says Ben Bernanke (in a roundabout way). ****EP. 276 REFERENCES**** Welcome to the Worst Kind of Party: http://www.marketsinsiderpro.com/ RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf ****THE EPISODES****...
Read More »Alexander Dugin und die Philosophie hinter dem russischen Krieg
Die Russen seien „eschatologisch auserwählt“, behauptet Alexandre Dugin – der prominente russische Philosoph und vorgebliche Mentor von Präsident Wladimir Putin. Russland muss sich gegen den falschen Glauben, die Pseudoreligion des westlichen Liberalismus und die Verbreitung seines Übels stellen: Gegen Moderne, Szientismus, Postmoderne und die Neue Weltordnung. Als geographisches „Dreh- und Angelgebiet“ muss Russland seine Position im Kernland des eurasischen...
Read More »Paving the way for a 2008 déjà vu
It would appear that the central planners of the Bank of England have very short or very selective memories. After adopting unprecedented easing measures during the covid crisis and after supporting the government in its efforts to flood the economy with fresh cash during that same period, the central bank has put itself in a particularly unenviable position. With inflation soaring and living costs exploding for most consumers and taxpayers, hiking...
Read More »EU plant Einführung eines speziellen Crypto-Regulators
Wie genau dieser Regulator aussehen wird, ist noch nicht im Detail bekannt. Derzeit sprechen Offizielle lediglich von einem „Regulatory Body“, der Autorität über den Crypto-Sektor haben wird. Es ist jedoch anzunehmen, dass damit eine neue staatliche Organisation kreiert werden wird. Crypto News: EU plant Einführung eines speziellen Crypto-RegulatorsDamit kommt es zur Einführung einer sechsten Autorität des Finanzsektors, die das Ziel verfolgt, Geldwäsche innerhalb...
Read More »European Sovereign Debt Crisis – is it Back? [Ep. 275, Eurodollar University]
The European Sovereign Debt Crisis of 2011-12 was the final nail in the post-Cold War Globalization coffin; it proved beyond a doubt that a global money/credit/collateral crisis was not a one-time event (the GFC) but a permanent, reoccurring disorder. Now, it maybe back. ****EP. 275 REFERENCES**** RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf ****THE EPISODES**** YouTube: https://bit.ly/310yisL Vurbl: https://bit.ly/3rq4dPn Apple:...
Read More »Greenback Remains Firm
Overview: After retreating most of last week, the US dollar has extended yesterday’s gains today. The Canadian dollar is the most resilient, while the New Zealand dollar is leading the decline with a nearly 0.75% drop ahead of the central bank decision first thing tomorrow. The RBNZ is expected to deliver its fourth consecutive 50 bp hike. Most emerging market currencies are lower as well, led by central Europe. Equities in Asia Pacific and Europe are mostly higher...
Read More »Biden Crows About the Latest 8.5 percent Annual Inflation Rate
Precious metals markets continued rallying this week. Investors weighed new inflation data showing price pressures in the economy are finally slowing. Wednesday’s Consumer Price Index report came in slightly lower than expected for a change. The CPI rose 8.5% on an annualized basis in July. Normally such a reading would be nothing to cheer about. But the fact that the inflation rate finally came down a tad after months and months of relentless increases gave Joe...
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