"The greatest tool at the disposal of globalists is the use of false paradigms to manipulate public perception and thus public action...We are told the-powers-that-be are divided by 'Left' and 'Right' politics, yet both sides actually support the same exact policy actions when it comes to the most important issues...it's nothing but Kabuki theater."
John Maynard Keynes would be thrilled to hear about the brilliant solution Chicago has come up with to help solve its pension deficit: issue a $10 billion bond and take on more debt.
For the first time, the Iowa Electronic Market shows greater than 50% odds, that Democrats will win the House even as Republicans maintain control over the Senate.
Amid reports that pressure is mounting on the Securities and Exchange Commission to act on Elon Musk's "funding secured" Tweet, there is also another camp making the argument that Musk "might not have to worry" at all about the SEC.
After tumbling last night as headlines hit that the SEC rejected another nine Bitcoin ETF applications, cryptocurrencies have stabilized (for now). Additionally, a broad crackdown on crypto in China has not triggered wholesale selling.
One day after the the S&P500 bull market set a new duration record, at exactly 0.01 Washington Time on Thursday, the U.S. imposed tariffs of 25% on $16 billion worth of imports from China, sending the US dollar sharply higher across the board.
"The debt, larger than ever still stands. The economy is smaller than ever as is the Greek population that bears the debt. The declaration that the Greek crisis is over is merely a statement that there is nothing left to extract from the Greek people..."
One of Switzerland’s largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid violating U.S. sanctions.
Since crashing through BofA's "crisis indicator" 4.00 level, the Brazilian Real has gone into freefall, topping 4.09/USD today as markets continue to reprice to new leftist-victory election odds, and the central bank remains cornered on the sidelines.
There is one loophole Trump could exploit to get around the fund’s constraints and bypass Congress altogether: by declaring FX intervention a "national emergency."
