The great debt crash

[jazz]

Govt spending not stopping, money printing not stopping. QE hasn’t even slowed a little bit. Fed spent $300B in April bailing out regional banks.

There are several wars over the USD being fought in from of our eyes.

Yeild curve is old news. It’s meaningless in a QE printing world. There should have been a recession a yr ago. There won’t be one now.

[errolanderson]

Incoming debt crash trumps money printing. Now central bankers have reversed QE. Why? Money printing isn’t working anymore. The law of diminishing returns . . . .

Even ridiculous new vehicle prices may be in-line for a sharp pullback. Asset prices now dropping in many sectors. This is just the beginning of a sizeable shakeup in consumer attitude.

Inflation had no legs when debt comes a-knocking.

[furrowtickler]

Incoming debt crash trumps money printing. Now central bankers have reversed QE. Why? Money printing isn’t working anymore. The law of diminishing returns . . . .

Even ridiculous new vehicle prices may be in-line for a sharp pullback. Asset prices now dropping in many sectors. This is just the beginning of a sizeable shakeup in consumer attitude.

Inflation had no legs when debt comes a-knocking.

New vehicle prices have pulled back , significantly for mid to lower end trucks starting way back March with Dodge . Discounts not seen since 2008 / 09 .
Higher end models not so much as that target customer still spending money .

[biglentil]

There are alot of moving parts. China is engaged in heavy quantitative easing while the west is engaged in quantitative tightening except for government spending on ESG. Since government spending is included in GDP calculations things appear more rosy than they actually are. Opec is cutting production, while the oil production in NA is nearing pre covid highs. I anticipate a stubbornly high CPI on necessities coupled with double digit unemployment. The zombie corps created by near zero percent interest rates that are not profitable enough to meet interest payments are in trouble.

[errolanderson]

New vehicle prices have pulled back , significantly for mid to lower end trucks starting way back March with Dodge . Discounts not seen since 2008 / 09 .
Higher end models not so much as that target customer still spending money .

Wait for the headline of one of the big three pleading for bailout money.

[biglentil]

Then there is this financial nuc. Bye fiat currencies you've had a nice 52 year run.

[errolanderson]

BRICs may be turning into BICs given what’s unravelling in Russia . . . .

[biglentil]

BRICs may be turning into BICs given what’s unravelling in Russia . . . .

Is that why that why the West is now sending depleted uranium rounds and F-16's? Russia is making a mockery out of Nato hardware and tactics.

Remember near the beginning of the conflict the story of the Ghost of Kiev fighter pilot turned out to be totally fabricated. Did you think the propaganda would stop?

[furrowtickler]

Looking back on this 5-10 years from now will most certainly be interesting.
My heart goes out to the innocent civilians losing everything.
This is simply a power play by two dinks
Putin and the UN puppet Zelenski, nothing more, nothing less .
And millions of innocent civilians are simply in the way , it’s sickening for the millions of Ukrainians displaced , and thousands killed

If China threw a bunch of bio labs and weapons into Mexico, what would the US do ????? Bomb the shit of them hands down!!!
Valid question, never defending Putin cause he in a rotten dictator, or Zelenski who is nothing more than a Hollywood actor …. Period

That’s the big motion picture going on right now and it’s sickening

[furrowtickler]

And add to the circus here in North America we have a failed drama teacher running Canada and a 100% full on dementia leader in the US .
An absolute clown running France
Grown men pretending to be women lap dancing in elementary schools, while China in pushing out millions of incredibly highly educated students.

What could possibly go wrong 🫣

It’s insane to watch unfold

[biglentil]

Colonel Douglas Macgregor dropped this bold prediction a few days ago. The entire video is worth a watch, but if you are short on patience skip to the 12 minute 30second mark.

[foragefarmer]

BRICs may be turning into BICs given what’s unravelling in Russia . . . .

It's just a BIC lighter at best.

South Africa has to shut electricity off for 10 hours a day, because of break downs and aging power plants.

Business and manufacturing can't function and investment is leaving.

Nothing but a pipe dream for the cheerleaders living and enjoying their freedom in the West.


Furrow, who invaded who, and how many Russian citizen have been murder or displaced other than the ones fleeing from dictatorship and conscription.

Like I've said before if your guy was in power here in Canada and the USA there wouldn't be a discussion about the West helping Ukraine.

[furrowtickler]

It's just a BIC lighter at best.

South Africa has to shut electricity off for 10 hours a day, because of break downs and aging power plants.

Business and manufacturing can't function and investment is leaving.

Nothing but a pipe dream for the cheerleaders living and enjoying their freedom in the West.


Furrow, who invaded who, and how many Russian citizen have been murder or displaced other than the ones fleeing from dictatorship and conscription.

Like I've said before if your guy was in power here in Canada and the USA there wouldn't be a discussion about the West helping Ukraine.

Russia invaded Ukraine, never said anything different

And yes many are fleeing Russia I would imagine
And who’s “my guy “ ?
I am in now way defending anyone , especially Russia
Don’t be a chuck with false assumptions

[foragefarmer]

Russia invaded Ukraine, never said anything different

And yes many are fleeing Russia I would imagine
And who’s “my guy “ ?
I am in now way defending anyone , especially Russia
Don’t be a chuck with false assumptions

"If China threw a bunch of bio labs and weapons into Mexico, what would the US do ????? Bomb the shit of them hands down!!!"

And just who's making the assumption?

You sure make it sound like Putin had a reason to invade Ukraine when you say it like that.

Putin was against the breakup of the USSR from day one and has wanted nothing more to get it all back through any means, there's your reason.


Add on

Wasn't Harper your guy? He publicly stood up to Putin when he invaded Crimea in 2014

[furrowtickler]

"If China threw a bunch of bio labs and weapons into Mexico, what would the US do ????? Bomb the shit of them hands down!!!"

And just who's making the assumption?

You sure make it sound like Putin had a reason to invade Ukraine when you say it like that.

Putin was against the breakup of the USSR from day one and has wanted nothing more to get it all back through any means, there's your reason.


Add on

Wasn't Harper your guy? He publicly stood up to Putin when he invaded Crimea in 2014

Yup Harper did , and as soon as Trump left office Putin started his move and all current leaders stood by and watched it happen and never said anything as Putin amassed forces on the Ukraine boarder for a year .
Either way , It’s the citizens of Ukraine that are taking the worst of it by the millions and it needs to stop