A Roman lesson on inflation
‘While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen.’ — President Grover Cleveland 26 May 2022 GOLDMONEY — After two centuries […]
Debt Slavery
Subzero Kakistocracy Renders Black Wednesday for Americazuela
Black Wednesday on the stonk exchange was a hard landing wakeup call resulting in a 4.03% drop in the S&P 500 and 4.9% in the Nasdaq. Transports fell 7%. Pre-market Thursday is pointing to another […]
ECB tells banks to cut lending to indebted borrowers after binge
30 March 2022 REUTERS — The European Central Bank has told banks to cut lending to the most indebted borrowers, which could poke a hole in their balance sheets if the economy turns south or interest […]
Following up on Reality: The Geopolitical Chess Game
Editor’s Note: We may update this post over next several days as events evolve. Vladimir Putin stated clearly that non-friendly importers would have to go to the MOEX and obtain rubles to pay for Russian […]
A Look at the Dramatic Disconnect Between Productivity and Wages, and Now the Worm Turns
A defining characteristic of the American economy in the last 48 years is that improved productivity has not improved the compensation of the typical worker. Now, suddenly as experienced workers have left the work force […]
Thomas Edison Exposed Central Banking Scam in 1921
2 February 2022 HENRY MAKOW — In a New York Times interview Dec. 6, 1921, Thomas Edison advocated financing the proposed Muscles Shoals Dam by “issuing currency instead of debt (bonds.) They are identical promises to pay, but currency does not […]
U.S. House leaders unveil chips, China competition bill
By David Shepardson and Patricia Zengerle | 25 January 2022 REUTERS — U.S. House of Representatives leaders on Tuesday unveiled a bill aimed at increasing U.S. competitiveness with China and supporting the U.S. chip industry, including […]
Fannie Mae, Freddie Mac Will Back Home Loans of Nearly $1 Million
16 November 2021 HUMAN EVENTS — The federal government is set to back mortgages of nearly $1 million. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac are expected to […]
Global Food Prices Surge as Inflation Spreads
From Peru to the Philippines, bad harvests and supply bottlenecks are leaving poor families hungry By Samantha Pearson and Luciana Magalhaes | 5 November 2021 WALL STREET JOURNAL — (SÃO PAULO) Earlier this year, Celia […]
Fantasia, another debt-laden Chinese property developer, defaults on US$205 million bond, as Evergrande crisis rolls on
By Eric Ng | 5 October 2021 The missed payment on Monday will add to fears about the financial health of the Chinese property sector Earlier on Monday, Fitch Ratings downgraded Fantasia’s long-term foreign currency […]
Shock Doctrine Comes Home
By Henry Delacroix | 25 May 2021 THE AMERICAN SUN — Whether on the streets or on social media, no one can miss the fried mental status of Americans. Some of us have carried on with […]
World Economic Forum Urges Companies to Fire Unvaccinated Employees as Part of ‘Jobs Reset,’ Deletes Tweet after Backlash
‘Get your COVID-19 jab — or you could face consequences from your employer #COVID19 #JobsReset21’ By Gabriel Kean | 18 May 2021 NATIONAL FILE — The World Economic Forum indicated Monday that it supports employees being […]
Google Searches for ‘Inflation’ Have Surged. Here’s Why That Matters.
By Lisa Beilfuss | 17 March 2021 BARRONS — Consumers are googling “inflation” more often than at any time since at least 2008, setting financial markets up for a volatile reaction to a Federal Reserve that […]
Why Nomura Expects ‘Turbo-Charged Global Inflation’
By Tyler Durden | 10 March 2021 ZERO HEDGE — Economist Lewis Alexander, and his team at Nomura, wastes no time in his latest monthly global economic outlook report – titled aptly enough “Turbo-Charged Global Reflation” […]
Michael Burry Warns Weimar Hyperinflation is Coming
ZH Update (1815 ET): one day after the Weimar tweetstorm below, and shortly after our article came out, Burry tweeted the following: People say I didn’t warn last time. I did, but no one listened. […]
A Record 61% of Restaurants, 35% of Small Businesses Can’t Pay December Rent
By Tyler Durden | 16 December 2020 ZERO HEDGE — Another day, another restaurant doomsday story. According to the latest Alignable Rent Poll, it’s becoming increasingly difficult for small businesses everywhere to pay their rent in full […]
In Light of New Data, Some NYC Restaurateurs Express Consternation at Indoor Dining Ban
Restaurants and bars accounted for 1.4 percent COVID-19 cases recorded in the last three months, prompting some restaurateurs to push back against the ban By Tanay Warerkar | 11 December 2020 EATER — Many in the […]
Occupancy Plunges to 70% at San Francisco Luxury Apartment Towers across from Twitter Headquarters: a Broad Phenomenon
While landlords are muttering, ‘And this too shall pass.’ By Wolf Richter | 10 December 2020 WOLF STREET — The award-winning luxury-apartment property NEMA San Francisco, with 754 units in four linked towers completed in 2013, […]
Junk Bond Yields Hit Record Low: Most Distorted Markets Ever
Well, not markets. Fed-managed paper exchange. By Wolf Richter | 4 December 2020 WOLF STREET — Never mind the Pandemic or the huge blob of corporate debt that even the Fed publicly fretted about before the […]
Heat Dome, 2nd Wave Lockdowns and Mass Evictions Loom
Just when we were anticipating a long, hot summer, a triple-whammy “heat dome” of high pressure will blast 80 percent of the continental U.S. with temperatures over 90 degrees over the next few weeks. Another […]
The Fed Is Now The Proud Owner Of Bankrupt Hertz Bonds
By Tyler Durden | 25 May 2020 ZERO HEDGE — On March 23 – the day the S&P dropped to its cycle low of 2,237 — the Fed stunned capital markets when it announced it would purchase […]
Deep Pockets Love Lockdown
By Israel Shamir | 10 May 2020 THE UNZ REVIEW — Some people enjoy isolation and self-seclusion. The Jewish billionaire David Geffen is one of them. He posted the a picture of his yacht onto Social […]
COVID-1984 Soft Reopenings Reveal False Narratives of ‘Pent-up Demand’ and V-Shaped Recoveries
We are getting reports on what to expect from the soft restart of local economies. It seems that formerly locked down citizens are bypassing shopping malls and instead heading outdoors to beaches and parks. Certainly, […]
TradCatKnight Radio’s Eric Gajewski, Russ Winter Discuss the ‘New Normal’
Russ on Tuesday once again joined the intrepid Eric Gajewski of TradCatKnight for their monthly podcast. The two see eye to eye on the on the COVID-1984 crisis, as a New Underworld (dis)Order manipulation to […]
California could become first state to borrow to pay unemployment benefits during coronavirus crisis
By Kathleen Pender | 25 April 2020 SAN FRANCISCO CHRONICLE — Within the next couple of weeks, California’s unemployment insurance fund — which was the most-insolvent state fund coming into the coronavirus crisis — will run […]
A Couple of Classics for CronyVirus Shut-Ins: Winter Watch Video Archive
Here in California, we’re on Day 26 of Gov. Gavin Newsom’s shelter-in-place order and have another two weeks to go, at least. I presume you’re living under similar “shelter-in-place” orders. So, to help the pass […]
The Fallout and Debris from the 1st CronyVirus Tsunami and Mass Lock Down
On Thursday, Federal Reserve banksters announced another intervention in a series of market manipulations. The functioning of the markets have long been in the ICU, but now they’ve been euthanized. Guggenheim’s Scott Minerd declared exactly […]
TradCatKnight Radio’s Eric Gajewski, Russ Winter Cover the Mnuchin-Run ESF and the Gray State Agenda
Russ on Friday participated in a monthly podcast with intrepid stalwart Eric Gajewski of TradCatKnight. If you haven’t tuned in to these podcasts, you’re missing something. The TradCat podcasts are all short in length (approx. […]
Tim Kelly and Russ Winter Discuss Covid-19 and the Exchange Stabilization Fund Looting Ops
Click here for podcast of Tim Kelly’s interview of Russ Winter. Winter Watch posts discussed during interview: After Being Over Target on Covid-19 Black Swan and Other Predictions, It’s Time to Consider What’s Next Crime […]
After Being Over Target on Covid-19 Black Swan and Other Predictions, It’s Time to Consider What’s Next
‘There are decades where nothing happens; and there are weeks where decades happen.’ — Vladimir Ilyich Lenin Those who read Winter Watch regularly know that we’ve been on a roll on our calls on Covid-19. […]