This IS the Reset
No one knows for certain what lies on the other side of this chasm, but—as we’ve been endlessly told in recent weeks—life will never be the same… Read More This IS the Reset
Author: Don Quijones
The Mood of Traders Darkens on Wall Street
It’s become your life or your trading bonus at some Wall Street firms… Read More The Mood of Traders Darkens on Wall Street
Death – A Small Thought
In the not so distant past our culture had a place for death. It was even there in nursery rimes. “Atishoo, atishoo we all fall down” came from the plague. It reminded us that death is a reality we do not yet have dominion over. But we had forgotten. Until now… Read More Death – A Small Thought
Wall Street Wins, Again
The urge to offer corporations and banks mega-welfare not available to ordinary citizens remains a distinctly all-American phenomenon… Read More Wall Street Wins, Again
JPMorgan Chase Has $2.9 Trillion Exposure in Off-Balance Sheet Items Vs $2.3 Trillion on Its Balance Sheet
Off-balance-sheet derivatives are arguably more dangerous today than they were in 2008 because some of the counterparties to Wall Street’s derivatives are more fragile today than they were in 2008… Read More JPMorgan Chase Has $2.9 Trillion Exposure in Off-Balance Sheet Items Vs $2.3 Trillion on Its Balance Sheet
The U.S. Economy Is Uniquely Vulnerable to the Coronavirus
The U.S. growth model is built in such a way that it simply cannot shut down without inflicting catastrophic damage on itself… Read More The U.S. Economy Is Uniquely Vulnerable to the Coronavirus
A Corporate Debt Reckoning Is Coming
It will deepen and prolong a U.S. recession regardless of Fed intervention… Read More A Corporate Debt Reckoning Is Coming
Bailing Out the Bailout
It will take years to sort through the details, but Trump’s $2 trillion COVID-19 response looks like a double-down on the last disaster… Read More Bailing Out the Bailout
How Bad Antitrust Enforcers Kill People
In the U.S. nearly every aspect of the medical supply chain is consolidated and fragile. And that is having deadly ramifications in the age of Covid-19… Read More How Bad Antitrust Enforcers Kill People
Federal Reserve’s Dark Secrets from Last Bailout Get a Devious Makeover
The in-built secrecy and treachery of this bailout stinks even more to high heaven than the last one. And this time, taxpayers are on the hook for any losses… Read More Federal Reserve’s Dark Secrets from Last Bailout Get a Devious Makeover
A Crippling Collapse in Consumer Spending is Coming
Most gig and hourly workers are walking a financial tightrope. They will not be able to afford even a short-term hit to their earnings… Read More A Crippling Collapse in Consumer Spending is Coming
The $1.5 Trillion Global Tourism Industry Faces $450 Billion Collapse in Revenues, Based on Optimistic Assumptions
We are temporarily a company with no product and no revenue.”… Read More The $1.5 Trillion Global Tourism Industry Faces $450 Billion Collapse in Revenues, Based on Optimistic Assumptions
