Home » Posts tagged 'defaults'
Tag Archives: defaults
Here Comes The Wave: Loan Defaults Hit 6 Years High
Here Comes The Wave: Loan Defaults Hit 6 Years High Two weeks ago, when looking at the recent flurry of chapter 11 filings and a striking correlation between the unemployment rate and loan delinquencies, we said that a “biblical” wave of bankruptcies is about to flood the US economy. It now appears that the wave is […]
China’s Losing Control Of Its Crushing Debt Load As Defaults And Missed Payments Skyrocket
China’s Losing Control Of Its Crushing Debt Load As Defaults And Missed Payments Skyrocket China’s economic slowdown and heavy debt load is affecting everybody in the country – even it’s “jewelry queen”, Zhou Xiaoguang, according to the Wall Street Journal. Zhou, who went from selling trinkets on city streets to taking a seat in China’s parliament and becoming […]
“A Daisy Chain Of Defaults”: How Debt Cross-Guarantees Could Spark China’s Next Crisis
“A Daisy Chain Of Defaults”: How Debt Cross-Guarantees Could Spark China’s Next Crisis On November 8, China shocked markets with its latest targeted stimulus in the form of an “unprecedented” lending directive ordering large banks to issue loans to private companies to at least one-third of new corporate lending. The announcement sparked a new round […]
China Cuts Reserve Ratio, Unlocks 700BN Yuan Amid Rising Trade War, Mass Defaults And Margin Calls
China Cuts Reserve Ratio, Unlocks 700BN Yuan Amid Rising Trade War, Mass Defaults And Margin Calls As widely expected, China’s central bank announced it would cut the Required Reserve Ratio (RRR) for some banks by 0.5% effective July 5, just over two months after the PBOC did a similar cut on April 17, the first […]
Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks”
Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks” As banks pull back from mortgage lending amid inflated prices and rising rates, “shadow banks” become very aggressive. In the first quarter 2018, banks and non-bank mortgage lenders – the “shadow banks” – originated 1.81 million loans for residential properties (1 to […]
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 […]
Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again
Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again The Dow closed above 18,000 on Monday for the first time since July. Isn’t that great news? I truly wish that it was. If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or […]
Why is the MSM Covering Up Recessionary Data?
WHY IS THE MSM COVERING UP RECESSIONARY DATA? The Census Bureau put out their monthly retail sales report this morning. During good times, the MSM would be hailing the tremendous increases as proof the consumer was flush with cash and all was well with the economy. Considering 70% of our GDP is dependent upon consumer […]
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future. Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017″, and Kiyosaki actually originally projected that a […]
Deranged Central Bankers Blowing Up the World
DERANGED CENTRAL BANKERS BLOWING UP THE WORLD It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and […]
As Oil Prices Fall, Banks Serving the Energy Industry Brace for a Jolt
As Oil Prices Fall, Banks Serving the Energy Industry Brace for a Jolt Banks have been lending hand over fist to companies in the nation’s energy industry, underwriting bonds, advising on mergers, even financing the building of homes for oil workers. All of this has provided a boon to banks that have been struggling to […]
