Phoenix Capital Research's blog

Phoenix Capital Research's picture

The Financial Times Joins the "Ban Physical Cash" Chorus





This is just the beginning. As Central Bankers grow more and more desperate in the coming months, you’ll see more and more calls for extreme measures such as banning physical cash or imposing a “carry tax” on those who remove cash from the system.

 
Phoenix Capital Research's picture

The Crisis in Which Central Banks Lose Control Has Already Begun





We are heading for a crisis that will be exponentially worse than 2008. The global Central Banks have literally bet the financial system that their theories will work.  They haven’t. 

 
Phoenix Capital Research's picture

The Greatest Con Job In Central Banking History





One of the greatest con jobs in history was convincing ordinary people that Central Bankers care about the “economy” or Main Street.

 
 
Phoenix Capital Research's picture

The Fed's Hands Are Tied Unless an Complete Meltdown Hits





Every other time the markets has broken down in the last six years, a Fed President appeared to talk about some new policy to prop the markets up. NOT THIS TIME.

 
Phoenix Capital Research's picture

What Can the Fed Do to Hold Back the Crisis? Not Much.





The Fed could potentially go “nuclear” with a massive QE program if the markets fall far enough, but this would only accelerate the pace at which investors lose confidence in Central Banks’ abilities to rein in the carnage.

 
Phoenix Capital Research's picture

Did the Crisis of Our Lifetimes Begin Last Week?





If the investment world has reached the point at which it no longer has faith in Central Banks’ abilities to prop up the markets, then THE major crisis of our lifetimes is here.

 
 
Phoenix Capital Research's picture

China's is the First Central Bank to Lose Control… It Won't Be the Last





This will not be a one-off event. With the Fed and other Central banks now leveraged well above 50-to-1, even those entities that were backstopping an insolvent financial system are themselves insolvent.

 
Phoenix Capital Research's picture

The Biggest Problem in the US Economy Today





The American dream has become perverted into the equivalent of hoping to pick a winning economic lottery ticket: hoping that you somehow will become one of the lucky 0.00001% who strike it big and make millions upon millions of Dollars.

 
Phoenix Capital Research's picture

Could the FDIC Seize Bank Deposits During a Crisis?





This is precisely what has happened in Spain during the 2012 banking crisis. Since then it’s also happened in Cyprus, Greece…and it is now perfectly legal in the US courtesy of a clause in the Dodd-Frank bill.

 
Phoenix Capital Research's picture

The Credit Industry Signals a Recession is Here… and Possibly Even a Credit Crunch





The official GDP numbers do not reflect this because they are too politically important to do so. But the hard data shows something nasty is coming down the pike.

 
Phoenix Capital Research's picture

Why the Next Round of the Crisis Will Be Exponentially Worse Than 2008





The bond bubble is now well over $199 trillion in size. And if we were to include credit instruments that trade based on bonds, we’re well north of $600 trillion.

 
Phoenix Capital Research's picture

Three Clear Signs the US is Back In Recession





The hard data runs completely counter to the uptick in GDP growth shown by Fed's models. 

 
Phoenix Capital Research's picture

Central Banks Are Beginning to Lose Control





The significance of these developments cannot be overstated. Central Banks will be increasingly acting against one another going forward. There will more surprises and more volatility across the board. Eventually it will culminate in a Crash that will make 2008 look like a picnic.

 
Phoenix Capital Research's picture

The Sad Truth About the State of the Financial System Today





We are heading for a crisis that will be exponentially worse than 2008. The global Central Banks have literally bet the financial system that their theories will work.  They haven’t. 

 
Phoenix Capital Research's picture

Greece's Collapse Was a Reversion to the Mean… Who's Next?





In simple terms, Greece from 2003-2010 was an economic boom driven by incomes, which were in turn driven by cheap debt NOT real organic growth. Thus, the collapse in GDP was yet another case of “price discovery” in which asset prices fall to economic realities…

 
Syndicate content
Do NOT follow this link or you will be banned from the site!