Brazil

Tyler Durden's picture

OPEC Will Not Blink First





An OPEC production cut is unlikely until U.S. production declines by about another million barrels per day (mmbpd). OPEC won’t cut because it would accomplish nothing beyond a short-term increase in price. Carefully placed comments by OPEC and Russian oil ministers about the possibility of production cuts achieve almost the same price increase as an actual cut. The focus going forward must be on the source of the problem. That is the United States and not OPEC.

 
Tyler Durden's picture

"Fasten Your Seatbelts": Kyle Bass Previews The Collapse Of China's $34 Trillion Banking Sector





"We believe the epicenter of the problem is the Chinese banking system and its coming losses. Once analysts, politicians, and investors alike realize the sheer size of the impending losses and how they compare to the current levels of reserves, all focus will swing to the banking system."

 
Tyler Durden's picture

"Negative Rates Are Dangerous" OECD Chair Warns "Our Entire System Is Unstable"





"There is excessive debt everywhere and negative interest rates are dangerous... My number one fear? That’s the same as asking me where it will start. When you view the economy as a complex, adaptive system, like many other systems, one of the clear findings from the literature is that the trigger doesn’t matter; it’s the system that’s unstable. And I think our system is unstable... Central Bank models are just wrong"

 
Tyler Durden's picture

"Confidence Is Lost": Fred Hickey Says "Bear Market Will Last Until QE4"





"The Fed is completely dangerous - it's the most dangerous entity out there. The policy makers are the ones who are causing much of the problems we have today... The bad news has only just begun... This bear market will continue which means we’re headed lower with rallies in between until the Federal Reserve is forced to come in and start QE4."

 
Tyler Durden's picture

"It's Worse Than 2008": CEO Of World's Largest Shipping Company Delivers Dire Assessment Of Global Economy





“It is worse than in 2008. The oil price is as low as its lowest point in 2008-09 and has stayed there for a long time and doesn’t look like going up soon. Freight rates are lower. The external conditions are much worse but we are better prepared.”

 
Tyler Durden's picture

"Few Are Yet Willing To Admit The Harsh Reality..."





A multi-decade Credit Bubble is coming to an end. The past seven years has amounted to an incredible blow-off top and the ongoing worldwide collapse in financial stocks provides powerful support for the bursting global Bubble thesis. Few are yet willing to accept the harsh reality that the world has sunk back into crisis as mal-investment, over-investment and associated wealth destruction remain largely concealed so long as financial asset inflation persists. This is true as well for wealth redistribution. The unfolding adjustment process will deflate asset prices so as to converge more closely with deteriorating underlying economic fundamentals.

 
Tyler Durden's picture

World Succumbs To Zika Panic: Puerto Rico Declares Emergency; Plane Cabins Sprayed; CDC Says "Use A Condom"





Guess who will be blamed in a few months when global trade, commerce, and growth all go negative?

 
Tyler Durden's picture

How Corruption Cripples America's Military





Amongst all corrupt aristocracies (and that’s every aristocracy), America’s takes the cake. The International Criminal Court will begin to have credibility if and when it starts to prosecute American leaders such as George W. Bush and Barack Obama, but not a minute before that time. Western gangsters lead the world right now, and Western political leaders are their agents — merely fixers, for those elite gangsters.

 
Tyler Durden's picture

Bill Gross Trolls "Addled, Impotent" Central Bankers, Asks "How's It Workin' For Ya?"





"Why after several decades of 0% rates has the Japanese economy failed to respond? Why has the U.S. only averaged 2% real growth since the end of the Great Recession? “How’s it workin’ for ya?” – would be a curt, logical summary of the impotency of low interest rates to generate acceptable economic growth worldwide. "

 
Tyler Durden's picture

First Case Of Sexually Transmitted Zika Virus Confirmed In Texas





On Tuesday afternoon, we’re reminded that you don’t have to be bitten by a South American mosquito to get the Zika virus. You could have just had sex with someone in Dallas.

 
Tyler Durden's picture

Brazil Grants Forced Entry Into Private Properties To Hunt Zika Virus





As the head-shrinking Zika outbreak worsens in Brazil with nearly 4,000 cases of microcephaly since the beginning of last year, it's Dilma versus the mosquitoes, and she's going to win even if it means breaking into Brazilians' homes.

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