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Post by code on Jan 5, 2022 17:25:33 GMT
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Post by code on Jan 5, 2022 17:26:27 GMT
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Post by code on Jan 5, 2022 17:26:55 GMT
We’re the mirror image of that now. We’re the world’s biggest debtor nation — record trade deficits. We’ve got no savings. We have a complete bubble economy based on artificially low interest rates, excess consumption financed by debt and money printing. And we’re about to pay the piper for that. www.zerohedge.com/economics/peter-schiff-2022-will-be-even-worse-2021 |
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Post by walnut on Jan 5, 2022 22:11:24 GMT
We’re the mirror image of that now. We’re the world’s biggest debtor nation — record trade deficits. We’ve got no savings. We have a complete bubble economy based on artificially low interest rates, excess consumption financed by debt and money printing. And we’re about to pay the piper for that. www.zerohedge.com/economics/peter-schiff-2022-will-be-even-worse-2021Maybe coming up. Today was interesting... |
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Post by Sigurdur on Jan 5, 2022 22:19:55 GMT
We’re the mirror image of that now. We’re the world’s biggest debtor nation — record trade deficits. We’ve got no savings. We have a complete bubble economy based on artificially low interest rates, excess consumption financed by debt and money printing. And we’re about to pay the piper for that. www.zerohedge.com/economics/peter-schiff-2022-will-be-even-worse-2021Maybe coming up. Today was interesting... The Santa Claus trades look like they have expired. Will have to do a bit of charting. |
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Post by Sigurdur on Jan 5, 2022 22:22:23 GMT
A 1% increase in bond interest rates will result in a $300,000,000,000 increase in the Federal deficit.
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Post by ratty on Jan 5, 2022 23:57:26 GMT
We’re the mirror image of that now. We’re the world’s biggest debtor nation — record trade deficits. We’ve got no savings. We have a complete bubble economy based on artificially low interest rates, excess consumption financed by debt and money printing. And we’re about to pay the piper for that. www.zerohedge.com/economics/peter-schiff-2022-will-be-even-worse-2021Maybe coming up. Today was interesting... In that old Chinese curse kind of way?  |
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Post by walnut on Jan 6, 2022 3:46:48 GMT
Option implied volatility and VIX futures do not look bad yet. Probably just a small speed bump, again. All that can change fast of course.
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Post by glennkoks on Jan 6, 2022 14:43:43 GMT
A 1% increase in bond interest rates will result in a $300,000,000,000 increase in the Federal deficit. Yes and there is a point where the cost of servicing our debt eats up a too large piece of our budget pie and thats where the trouble begins. |
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Post by walnut on Jan 6, 2022 15:18:17 GMT
A 1% increase in bond interest rates will result in a $300,000,000,000 increase in the Federal deficit. Yes and there is a point where the cost of servicing our debt eats up a too large piece of our budget pie and thats where the trouble begins. And, they have already maxxed out their credit line on this 15 years of QE. That's not going to be available to save us on the next crash I'm afraid. Same with interest rates, hard to go much lower.
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Post by Sigurdur on Jan 6, 2022 17:32:06 GMT
A 1% increase in bond interest rates will result in a $300,000,000,000 increase in the Federal deficit. Yes and there is a point where the cost of servicing our debt eats up a too large piece of our budget pie and thats where the trouble begins. It has already begun. |
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Post by code on Jan 8, 2022 6:11:25 GMT
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Post by code on Jan 9, 2022 17:08:51 GMT
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Post by flearider on Jan 9, 2022 19:12:14 GMT
cluborlov.wordpress.com/2021/09/15/a-stalingrad-for-natural-gas/European natural gas hub spot price has surpassed $900 per thousand cubic meters with the psychologically important threshold of $1 per cubic meter not far off. This is an astronomically high price that is likely to bankrupt a lot of European energy companies while causing their customers to die of exposure this winter. Just in the UK, where around 10 thousand people freeze to death during a normal winter with normal prices, so far PfP Energy, MoneyPlus Energy, People’s Energy and Utility Point have kissed the world good-bye, their customers getting picked up by the government regulator Ofgem. Acting wisely, Ofgem raised the annual price cap for a typical household by £139 to £1,277. Just to make things even more interesting, the underwater cable providing electricity to the UK from France just failed, knocking 1GW out of the 2GW link. What’s behind all of this chaos and mayhem? Call it the wages of stupidity |
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Post by Sigurdur on Jan 9, 2022 21:09:31 GMT
cluborlov.wordpress.com/2021/09/15/a-stalingrad-for-natural-gas/European natural gas hub spot price has surpassed $900 per thousand cubic meters with the psychologically important threshold of $1 per cubic meter not far off. This is an astronomically high price that is likely to bankrupt a lot of European energy companies while causing their customers to die of exposure this winter. Just in the UK, where around 10 thousand people freeze to death during a normal winter with normal prices, so far PfP Energy, MoneyPlus Energy, People’s Energy and Utility Point have kissed the world good-bye, their customers getting picked up by the government regulator Ofgem. Acting wisely, Ofgem raised the annual price cap for a typical household by £139 to £1,277. Just to make things even more interesting, the underwater cable providing electricity to the UK from France just failed, knocking 1GW out of the 2GW link. What’s behind all of this chaos and mayhem? Call it the wages of stupidity One has to question if the UK has any North Sea natural gas fields? Did they abandon all of them? |
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