Everyone? how do you know.
Just get those rates to ZEROOO already.....I want to see this "RocketShip" soar.......
- Thread starter S2007S
- Start date
Everyone? how do you know.
Yup, it will be worse than 2008 this time for the general economy. Predicting when is another matter. Doubt it will happen pre-election for obvious reasons; much like Sauron bound his fate to the ring, Trump bound his fate to the stock market. There are factors outside of his control though.
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Hell no... Eurodollar Money Markets, which is the biggest money market in the world by far. They call it Eurodollars but it's the market where you can borrow gazillions in US Dollars as long as the lender matches assets/liabilities with other borrowing bank.
china's issue is it's SOE and majority of companies when on a retarded borrowing binge in US Dollars around end 2014 early 2015 when capital outflows where growing out of control, to re-up Foreign Reserves, borrowed a lot... Dollars enter china through loans, swap for yuan, gov keeps USD. Eurodollar loans are 3 months and 6 months expiry's, and normally can refinance to eternity until credit markets freeze, then you are fucked if dependent of refi game. Their shit bonds aren't accepted as collateral anymore since beginning May baosheng 30 % haircuts, they have to pledge sovereign bonds and their own government bonds aren't being bid much compared to rest of the world... They are having extremely serious cash problems if their own government bonds not seeing much bids in a time where rest of the worlds government debt is being furiously bought, on top of that considering they printed around 15-16 Trillion Yuan in Q1 2019 with shadow banking included. This is about as bad economically as it can possibly get for any country with a GDP above 500 Billion a year... This is Central Africa bad, they are so deep in debt down the rabbit hole. In the end the chinese gamed the dumb European Banks who wanted to be part of the " Growth " story... But Europeans aren't really known for money making banks either, they are like Asian banks, they are their to provide loans and stimulate, not profits it seems.
china companies won't pay back European banks, banks seize collateral bonds but isn't worth much, counterparty blow up and big losses... Funding dries up, derivatives activated, Europe's Lehman in 2019. All starts from china, big trouble in lil china
So a prop job to continuous highs right through election....just saying if Democrats win the white House this market is going straight down. That's my long term prediction.
A lot of banks and institutions know it... Bidding furiously collateral to pledge is telling by itself, I seen Italy's bonds gain 12-13 % being bid full retard and went down from 1.90 something to 1.65, was down 25 bps in a day!!!! Few days ago, that's a serious blow up in their money markets and banks running towards collateral
If dem wins, PPT will be cancelled from day of victory until another clown like the Orange man comes in... Then from January 2021 forward, markets will explode with fury. Dems will have deficit running 2 Trillion a year, the free shit they promised, their will be so much money and liquidity around, every asset in this world will rocket if dems win.
It's the party of free shit, and the clown will be out... Rest of the world except Russia and Israel will be happy, just seeing the clown out will spark a rally in Jan 2021
"...Blain: Central Banks Will Keep Easing "Until Parliaments And Palaces Burn"
So, there you are, the stark binary choice. Either:
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Trump is whining like a spoiled brat demanding his parents give him candy.
Apparently he doesn't care a about what happens to the country... only that the market is in an ever more inflated bubble come election day.
(Much as I hate that, I still couldn't vote for a Lefty.)
So, there you are, the stark binary choice. Either:
- Central Banks take the medicine now and steer the global economy back to normalisation, which means a sharply corrective stock market crash followed by recovery, rising rates (and a bond market wobble). 5 more years of pain! Then everything back to normal.
- They keep fuelling the bubble, till its negative infinity rates and financial inflation means a single Tesla share is worth more than California… And the resentment is such the real world explodes and it all ends very badly. Loads more pain for longer.
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Trump is whining like a spoiled brat demanding his parents give him candy.
Apparently he doesn't care a about what happens to the country... only that the market is in an ever more inflated bubble come election day.
(Much as I hate that, I still couldn't vote for a Lefty.)
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Since President Donald Trump took office, the US has added over $2 trillion in new federal debt.
The US national debt passed $22 trillion on February 11, the first time the federal debt had breached that threshold.
The landmark came just over two years after President Donald Trump, who once promised to eliminate the federal debt in eight years, took over the Oval Office.
The US national debt passed $22 trillion on February 11, the first time the federal debt had breached that threshold.
The landmark came just over two years after President Donald Trump, who once promised to eliminate the federal debt in eight years, took over the Oval Office.