“Alarming” Bond ETF Outflows Expose Cracks In Credit Nirvana Narrative

This has never happened before… Blackrock’s broad bond-market ETF (AGG) suffered a nearly $2 billion outflow yesterday – the most ever… And, as Bloomberg’s Lisa Abramowicz reports, it appears that money is flying out of corporate debt, from the riskiest to the safest bonds, at…

Greece “To Claim €280 Billion” In War Reparations From Germany

Authored by Tasis Kokkinidis via GreekReporter.com, Greece is about to launch a campaign to claim €280 billion ($323 billion) in war reparations from Germany, reports Der Spiegel. The German magazine notes that as long as Greece was dependent on EU support, Prime Minister Alexis Tsipras had avoided…

Is Erik Prince Pointing The Way Out Of Afghanistan?

Authored by James Durso via RealClearDefense.com, The tab to date: over $840 billion for military operations, $126 billion for reconstruction, probably another $1 trillion for veterans’ health care, over 2,400 dead, and over 20,000 wounded. In August, U.S. Defense Secretary James Mattis kiboshed Erik Prince’s plan to privatize the…

Ugly, Tailing 5Y Auction Prices At Highest Yield Since September 2008

After yesterday’s ugly, tailing 2Y auction, moments ago the Treasury sold $38 billion in 5 Year paper in an auction that was just as forgettable, and perhaps just as weak. The high yield came in just shy of 3%, or 2.997%, a generous 0.4bps tail…

Digital Dictatorship: China Exerts Control Over Population Through “Social Credit” System

China is developing a digital dictatorship to exert control over its 1.4 billion citizens. For some, “social credit” will bring great opportunities — for others, punishment. The Communist Party’s plan is to monitor its citizens 24/7 and rank them on their behavior, as the dystopian social…

“Rush Game With The Tariff”: The Race Is On To Get Chinese Goods Into U.S.

As the US-imposed 10 percent tariffs on $200 billion worth Chinese goods is set to take effect Monday, the race is now on to get Chinese goods into the U.S. By plane, train, and sea, a frenzy has begun, resulting in surging cargo traffic at…

Jeb Bush “Conservative” Billionaire Les Wexner Abandons the GOP – YouTube

SJWs howl with approval as someone worth over 6 billion dollars defects because he watched an Obama speech: https://tinyurl.com/ya4g6atw Support my work via donation: Patreon: https://www.patreon.com/Styxhexenhammer666 Bitcoin: 17q1BfF2up8orEKN8DQgpEPX83RfbAZ5QL Ethereum: 0x956e7aF6706C3b5E2cf7e15c16c7018c4f42aF79 Litecoin: LQNJed6vDhR4U4LB7g8jGep4UQ7yeqJdPw My literary works: Blogger: http://tarlwarwickbooks.blogspot.com/ Wordpress: https://tarlwarwick.wordpress.com/ My other platforms: Twitter: https://twitter.com/Styx666Official Gab:…

Danske Bank Plunges On News US Investigating Massive Money Laundering Fraud

Just as we anticipated, the massive $150 billion money laundering scandal unfolding in the Estonian branch of Danske bank has finally attracted the scrutiny of international regulators, who have seized on the opportunity to tighten the noose around the neck of criminals and corrupt oligarchs…

US Businesses Warn “Reckoning Is Coming” If Trump Moves Ahead With $200BN China Tariffs

With the deadline for the comment period for Trump’s proposed tariffs on an additional $200 billion of Chinese goods passing last night, investors and businesses around the world are bracing for a long-anticipated financial gut punch as President Trump prepares to move ahead with the…

One Of China’s Richest Men Arrested In Minneapolis For “Criminal Sexual Misconduct”

With a net worth of over $7 billion, Liu ‘Richard’ Qiangdong, founder and CEO of Chinese e-commerce company JD.com, is China’s 20th richest man. Liu’s fortune is derived from his 15% stake in JD.com, China’s second-largest e-commerce company. JD.com had more than 220 million active…