Biden Calls For “Trillions” In Fiscal Stimulus

Biden Calls For “Trillions” In Fiscal Stimulus

Having swooned earlier on the whole Joe Manchin “insert foot in mouth”, stocks jerked back higher and closed near record highs after Joe Biden on Friday called for trillions of dollars in immediate further fiscal support, including increased direct payments, to kickstart the...
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Galloping Inflation Trend – U.S. Money Supply M1

Galloping Inflation Trend – U.S. Money Supply M1

Galloping–inflation of the U.S. dollar is now becoming obvious to a growing cohort of investors. It is driven by factors on both sides of bank balance sheets, with evidence that large depositors are reducing their term deposits and increasing their...
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What’s Inside The $900BN Stimulus Bill

What’s Inside The $900BN Stimulus Bill

Briefly: Billions for corporations, $600 for peasants. With the latest, $900 billion covid-stimulus deal now done, attention turns to what’s actually in it. First: the good news – the bill will include a fresh round of benefits for small businesse...
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U.S. occupation forces have been spotted fleeing Syria

U.S. occupation forces have been spotted fleeing Syria

Syria exit in progress. U.S. convoys seen withdrawing from northeast Syria to Iraq. The US Army withdrew a number of its vehicles and soldiers from eastern Syria towards the northern region of Iraq, while it imposed a security cordon around a...
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FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

Earlier yesterday, in response to Neel Kashkari’s CNBC interview in which the Minneapolis Fed president said “I don’t see any moral hazard here” when asked if the Fed’s massive liquidity injections have blown a bubble, here is a c...
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Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Long term friend of criminal Jeffrey Epstein, who was suicided in prison, and also friend of Donald Trump, and the alleged MOSSAD operative, Ghislaine Maxwell was arrested in New Hampshire for serious crimes. The Ghislaine Maxwell indictment – charges in...
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“We Print It Digitally”, Powell Vows “Lot More We Can Do”

“We Print It Digitally”, Powell Vows “Lot More We Can Do”

It took Jerome Powell just two days to confirm what analysts said late on Friday, namely that with the Fed expected to boost QE by over $3 Trillion (assuming Powell doesn’t cut rates negative), the Fed chair said that “there’s...
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Trump Threatens Local Companies Like Apple With Extra Taxes If Manufacturing Stays Overseas

Trump Threatens Local Companies Like Apple With Extra Taxes If Manufacturing Stays Overseas

Trump is planning to implement new taxes on American companies that manufacture their products abroad, like Apple. According to Donald Trump, taxation is an incentive – if the companies don’t want to pay extra, they have to move their manufacturing at...
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U.S. Financial System “Warning System” Failed to Flash Warning as Fed Pumped $6 Trillion Emergency Liquidity into Wall Street

U.S. Financial System “Warning System” Failed to Flash Warning as Fed Pumped $6 Trillion Emergency Liquidity into Wall Street

The Office of Financial Research (OFR) was created under the Dodd-Frank financial reform legislation of 2010 to keep the Financial Stability Oversight Council (F-SOC) informed on emerging threats that have the potential to implode the financial system — as o...
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US deficit to soar to record $3.8 trillion in 2020

US deficit to soar to record $3.8 trillion in 2020

US deficit to soar to record $3.8 trillion in 2020, budget watchdog group Committee for a Responsible Federal Budget says. A steep economic downturn and massive coronavirus rescue spending will nearly quadruple the fiscal 2020 US budget deficit to a record...
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Pentagon moves the backup HQ to the bunkers

Pentagon moves the backup HQ to the bunkers

Pentagon Orders Essential Staff To Deep Underground Mountain Bunkers in Colorado As Pandemic Prep Escalates. North American Aerospace Defense Command (NORAD) & the US’ Northern Command (NORTHCOM) held a Facebook Live town hall meeting on Tuesday, M...
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Bailouts for the Rich, the Virus for the Rest of Us

Bailouts for the Rich, the Virus for the Rest of Us

For the second time in a generation, the President and Congress are creating an artificial economy under the guise of ‘saving the economy.’ Through bailouts for the executives of corporations and institutions whose coffers have been emptied for their own.....
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Dems $2.5 Trillion Counterproposal Includes Delays For Mortgage, Auto, And Credit Card Payments

Dems $2.5 Trillion Counterproposal Includes Delays For Mortgage, Auto, And Credit Card Payments

The $2.5 Trillion economic stimulus plan unveiled by House Speaker Nancy Pelosi (and which is ‘on the 5 yard line’ according to Senate Majority Leader Mitch McConnell) will have significant implications for the financial sector – forcing l...
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Dems Unveiled $2.5 Trillion Stimulus Counterproposal

Dems Unveiled $2.5 Trillion Stimulus Counterproposal

House Democrats Unveil $2.5 Trillion Stimulus Counterproposal, $1.5k Direct Payment per Person. The new Democrat counterproposal will equate to nearly $2.5 trillion, including a $1,500 direct payment to citizens. It will include $150 billion in healthcare fund...
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Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

Cuomo Orders 100% Of New Yorkers To Stay Home. The morning after California laid out the most restrictive measures to combat the virus in the US, NY Gov. Andrew Cuomo on Friday laid out new measures for New York State...
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