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Subprime Auto Implosion In Full Effect As Lenders Start Dropping Like Flies
Subprime Auto Implosion In Full Effect As Lenders Start Dropping Like Flies We are in the midst of watching the subprime auto lending bubble burst in its entirety. Smaller subprime auto lenders are starting to implode, and we all know what comes next: the larger companies go bust, inciting real capitulation. In addition to our coverage out […]
India Builds Over 14,000 Bunkers In Preparation For War With Pakistan
India Builds Over 14,000 Bunkers In Preparation For War With Pakistan The Government of India is planning to construct 14,460 bunkers for civilians in five border districts in Jammu & Kashmir – Samba, Poonch, Jammu, Kathua, and Rajouri – which reside along Line of Control (LoC) and the international Indo-Pakistani border, reports The Times of India. […]
“Events Today Could Lead To The Last War In The History Of Mankind”, Veteran Putin General Warns
“Events Today Could Lead To The Last War In The History Of Mankind”, Veteran Putin General Warns The fallout from the Salisbury nerve agent attack reminds us of the assassination of Archduke Franz Ferdinand, which was the most immediate catalyst – of many parallel narrative and sequences of events – that ultimately resulted in World […]
Trump Threatens Putin, “Animal Assad” Over Syrian “Chemical Attack”; Russia Warns Of “Grave” Response If US Launches Strike
Trump Threatens Putin, “Animal Assad” Over Syrian “Chemical Attack”; Russia Warns Of “Grave” Response If US Launches Strike It’s deja vu all over again. Remember when the US admitted Syrian “Rebels” have used chemical weapons? Or when earlier this year, now former Secretary of State blamed Russia for an alleged Syrian chemical attack despite admitting […]
US Deploys Three Carrier Battle Groups To Face-Off Against Chinese Aircraft Carrier In South China Sea
US Deploys Three Carrier Battle Groups To Face-Off Against Chinese Aircraft Carrier In South China Sea Last week, we reported that satellite images had captured China’s only aircraft carrier in deployment, the Liaoning, flanked by 40 other warships and submarines, conducting unprecedented live-fire drills in the South China Sea. This massive Chinese naval exercise was observed […]
Here Are China’s Five Options For “Nuclear” Trade War
Here Are China’s Five Options For “Nuclear” Trade War After Trump ordered the USTR to consider an additional $100BN in tariffs, something we said on Wednesday would happen if the market was dumb enough to allow Trump to think he had a trade war victory by closing green… S&P 500 EXTENDS GAIN ABOVE FRIDAY’S CLOSE, […]
BofA’s Striking Admission: Markets Will Soon Begin To Panic About Debt Sustainability
BofA’s Striking Admission: Markets Will Soon Begin To Panic About Debt Sustainability In the latest BofA survey of European fixed income investors (both IG and high yiled), the bank’s credit analyst Barnaby Martin writes that “after fretting about inflation at the start of the year, April’s credit survey shows that the biggest concern has reverted […]
China Vows To “Firmly Attack” Trump Tariffs “To The End At Any Cost”
China Vows To “Firmly Attack” Trump Tariffs “To The End At Any Cost” China has responded to President Trump’s calls for an additional $100 billion in tariffs, saying that it would counter U.S. protectionism “to the end, and at any cost.” “The Chinese side will follow suit to the end and at any cost, and […]
China Declares Trade War Victory: Gloats At US “Suffering” After “Crushing Counterattack”
China Declares Trade War Victory: Gloats At US “Suffering” After “Crushing Counterattack” Barely a day after China dropped the hammer on US stock markets by unveiling retaliatory tariffs on $50 billion in US imports that – unlike US measures that mostly targeted obscure industrial products – actually struck at key industries like soybean farmers, automobiles […]
Facebook Admits “Most” Of Its 2.2 Billion Users Exposed To Data Scraping, “Malicious Actors”
Facebook Admits “Most” Of Its 2.2 Billion Users Exposed To Data Scraping, “Malicious Actors” Facebook has admitted that “most” of its 2.2 billion users “could have had their public profile scraped” by third parties without their knowledge, and that the personal information of up to 87 million people was improperly shared with Cambridge Analytica, the […]
Bahrain Discovers Largest Oil Field With 80 Billion Barrels In Reserves
Bahrain Discovers Largest Oil Field With 80 Billion Barrels In Reserves Bahrain officials have revealed that the tiny gulf kingdom has discovered some 80 billion barrels of shale (otherwise known as tight) oil – the kingdom’s largest oil and gas find ever. The field also discovered 14 trillion cubic feet of natural gas beneath an […]
Estonia Expands Massive DNA Grab Of 100,000 Citizens
Estonia Expands Massive DNA Grab Of 100,000 Citizens Alarm bells are ringing in Northern Europe, over the Estonian government’s latest attempt to take a massive number of genetic samples from its citizens. Science, technology, and a government have usually been the perfect trifecta in every dystopian sci-fi thriller, as elected/unelected officials tend to gravitate towards all-seeing, all-knowing and […]
UK Foreign Office Denies Claiming Russia Responsible For Nerve Agent, Deletes Tweet
UK Foreign Office Denies Claiming Russia Responsible For Nerve Agent, Deletes Tweet Update: It appears that either the British government can’t keep its lies and proof-less accusations straight or something far more nefarious is at play. Following headlines (below) that British government scientists admitted they couldn’t tell where the poison – identified by the UK […]
Dow Plunges 600, Global Markets Tank After China Retaliates In All-Out Trade War
Dow Plunges 600, Global Markets Tank After China Retaliates In All-Out Trade War So much for yesterday’s Amazon bounce. Just before 4AM EDT, a Bloomberg headline hit which has not only unleashed a furious global selling wave, sending the S&P lower by nearly 2% and the Dow 600 lower, but may have changed the course […]
All-Out Trade War: China Strikes Back With 25% Tariffs On $50BN Of US Imports
All-Out Trade War: China Strikes Back With 25% Tariffs On $50BN Of US Imports Beijing wasted no time in striking back at Washington’s latest round of tariffs on Chinese imports by announcing a new list of US products that would be subject to punitive action, as the world’s two largest economies edge ever closer towards […]
