Bubblegeddon Bernie Madoff Could Have Been Fed Chair or Treasury Secretary The kind of operation the Fed is running he had a lot of experience in Schiff Gold 27 Apr 21 298 2
Bubblegeddon China Worried About Impact of Joe Biden’s $1.9 Trillion Lockdown Bailout "We are very concerned about the financial markets, particularly the bursting of a foreign financial asset bubble" Frank Tang 13 Mar 21 965 2
Bubblegeddon Dollar Cash Supply Rockets 25% in Just Two Weeks The only "exponential growth" of 2020 has been in the Federal Reserve notes flying around Austrolib 25 Dec 20 1232 1
Bubblegeddon The US Has Already Monetized $4.4 Trillion of Debt, Four Times as Much as Is Held by China In March and April alone more debt was monetized ($1.5 trillion) than is held by China ($1.1 trillion) Schiff Gold 1 Dec 20 1380 11
Bubblegeddon Helicopter Money and the End of Taxes Free money for everyone! Charles Hugh Smith 15 Oct 20 788 18
Bubblegeddon Trump Tweets the Stimulus Rug Out from Under the Markets But if printing $1.6 trillion is a good thing, why isn’t printing $2.4 trillion a better thing? Schiff Gold 8 Oct 20 451 4
Bubblegeddon America’s Metastasizing Class Wars "The winners in this system are protected by the State, while the losers are stripmined by crushing taxes or humiliated by their abject dependence on the state". Charles Hugh Smith 12 Sep 20 1034 6
Bubblegeddon In the Footsteps of Rome: Maybe It No Longer Matters Who’s Emperor As long as the Fed can keep the decline pain-free for the elites. pretense and PR will be preferred to perilous reform Charles Hugh Smith 8 Sep 20 1078 0
Bubblegeddon If the “Market” Never Goes Down, the System Is Doomed "Markets are fundamentally clearing houses of information on price, demand, sentiment, expectations and so on" Charles Hugh Smith 4 Sep 20 796 0
BubblegeddonFinancing the Empire US Issued $4.5 Trillion (!) in New Debt Over the Past Year. Foreigners Bought Just 9% of That Little foreign taste for the inflato-dollar. The Fed had to buy nearly half of it outright Wolf Richter 2 Sep 20 1479 0
Bubblegeddon Here’s Why the “Impossible” Economic Collapse Is Unavoidable There is no "new normal" for the economy Charles Hugh Smith 18 Aug 20 1540 6
Bubblegeddon Dollar’s Purchasing Power Drops to Lowest Ever “We’re not even thinking about thinking about” slowing the decline of the dollar’s purchasing power — and thereby labor’s purchasing power Wolf Richter 17 Aug 20 1437 7
BubblegeddonLockdown Stone Age Lockdowns Shave Off $1.8 Trillion From US GDP in Q2, Despite Biggest-Ever $2.3 Trillion Fed Stimulus Even the new money printing is not able to inflate the numbers fast enough Ben Casselman 30 Jul 20 390 15
BubblegeddonLockdown Stone Age Continued Unemployment Claims in the US Rise by Another 1 Million, Now at Eye-Watering 31.5 Million Four months ago this number was 2 million Wolf Richter 4 Jul 20 1560 0
BubblegeddonCovid Stone Age Despite Re-Opening Continued Unemployment Claims in US Rise by 1.3 Million, Now at 30.55 Million Service industry workers returning but now corporate and public sector lay offs start — real unemployment at over 20% Wolf Richter 27 Jun 20 513 3
Bubblegeddon The Fed’s Casino Is in Flames, but Please Continue Gambling "The pool of greater fools is drying up, and so the Fed has been forced to start buying its own gambling chips directly. This is an act of complete desperation" Charles Hugh Smith 20 Jun 20 1039 3
Bubblegeddon The Fed’s Grand Bargain Has Finally Imploded "It's a long way to the bottom of the canyon, and the impact will be devastating" Charles Hugh Smith 16 Jun 20 1084 7
Bubblegeddon An Economy That Cannot Allow Stocks to Decline Is Too Fragile to Survive And a system that will sacrifice everything to stock valuations isn't fit to exist Charles Hugh Smith 26 May 20 1009 9
Bubblegeddon Fed Chair Powell’s Solution Is the Root of the Problem "Powell’s prescription is not going to save the economy. At best, it will save the bubble – for a little while longer. Maybe." Michael Maharrey 18 May 20 463 2
Bubblegeddon Our Inevitable Collapse: We Can’t Save a Fragile Economy With Bailouts That Increase Fragility By bailing out the sources of systemic fragility with trillions, the Fed has shifted the risk to the entire financial system and the currency itself Charles Hugh Smith 5 May 20 1106 5
Bubblegeddon Services Are 70% of US Economy. You Know What Happens to Services in a Lockdown? Replacing real economy with fake economy of standing in line for Fed monies Wolf Richter 3 Apr 20 1001 3
Bubblegeddon US House Approves $2 Trillion Everything Bailout on a Voice Vote, Imperial City Nationalizes Corporate Debt With the people nicely locked up the powers that be are busy redistributing more wealth than ever David Stockman 2 Apr 20 1319 3
Bubblegeddon US Unemployment Claims Surge From 300 Thousand to 3.3 Million IN A WEEK Never before seen figures, totally unprecedented layoffs for as long as they have been tracked (since 1967) Reade Pickert 26 Mar 20 705 6
Bubblegeddon The Fed Announces QE Infinity, Will Buy Corporate Bonds for First Time in History Will create as much currency in weeks as it did after 2008 in years Schiff Gold 25 Mar 20 875 5
Bubblegeddon Covid-19 Tips the Dominios: The World Is Insolvent "Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero" Charles Hugh Smith 17 Mar 20 1569 7
Bubblegeddon Panicked Fed Slashes Rates to Near 0%, Throws $700 Billion QE on Top, After $1.5 Trillion Shock-And-Awe Repos Fizzle Unprecedented measures, only they're not working, the end of the Everything Bubble nears Wolf Richter 16 Mar 20 708 8
Bubblegeddon The Fed Hit the Panic Button and It’s Making Things Worse Instead of helping matters the panicked rate cut to "fight" corona is threatening to burst the bubble Daniel Lacalle 12 Mar 20 506 7
Bubblegeddon They Can’t See the Bubble for the Pin — It’s Not the Virus (or the Oil), It’s the Debt The coronavirus/oil market is just the blasting cap detonating the credit bubble implosion Schiff Gold 10 Mar 20 2217 22
Bubblegeddon Draconian COVID-19 Countermeasures Have Brought China to an Economic Standstill. The Entire World Will Be Affected The pin that bursts the global bubble economy that is already at its weakest since 2009? Stephen S. Roach 25 Feb 20 1033 2
Bubblegeddon The Future of What’s Called “Capitalism” Whatever definition of capitalism you use, the current system isn't it Charles Hugh Smith 6 Feb 20 687 6