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“This Looks Like The Stock Market Peak” Warns Macro Analyst | Wolf Richter

“This Looks Like The Stock Market Peak” Warns Macro Analyst | Wolf Richter

Apr 2, 2021 | Economic Collapse

Macro analyst Wolf Richter is confident we are living in the largest asset price bubble ever blown. And the recent staggering run-up in prices in stock, housing, commodities and Bitcoin convince him that we are currently at the market’s peak…to be followed...
Subprime Mortgages Fall Massively Delinquent Leaving Taxpayers On Hook As Housing Market Splits In Two

Subprime Mortgages Fall Massively Delinquent Leaving Taxpayers On Hook As Housing Market Splits In Two

Aug 28, 2020 | Economic Collapse

On one side: land rush by a few hundred thousand home buyers. On the other: millions of homeowners with delinquent mortgages. The Federal Housing Administration (FHA) prides itself in insuring subprime mortgages with, as it says, “low down...
The Real Unemployment Rate is 21%–and Heading Higher

The Real Unemployment Rate is 21%–and Heading Higher

Jul 20, 2020 | Economic Collapse

As businesses, agencies and organizations recalibrate to the reality that the V-shaped recovery was nothing but a brief fantasy, 6 million additional jobs lost may be a best-case scenario rather than the worst-case scenario. It is somewhat less than reassuring that...
Four Mortgage REITs Collapse After Chaos Hit Markets for Residential & Commercial Mortgage-Backed Securities

Four Mortgage REITs Collapse After Chaos Hit Markets for Residential & Commercial Mortgage-Backed Securities

Mar 26, 2020 | World News

Mortgage REIT # 4 so far: This afternoon, March 24, MFA Financial announced that it had received “an unusually high number of margin calls from financing counterparties,” and that by the close of business on Monday, it couldn’t meet those margin calls. Its shares...
As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks

As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks

Mar 14, 2020 | Economy

Thursday early afternoon, during the chaos when the S&P 500 was down nearly 9%, what would turn into the worst single-day stock market sell-off since the 1987 crash, the Fed rolled out its fastest mega money-printer yet, after its smaller money-printers...
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Critical Report • Free Download

The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians

DOWNLOAD SAUDIS GIVE BIDEN THE FINGER: END OF DOLLAR NOW!

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