Category Archives: Debt Bomb

On Negative Oil Prices, Derivatives, and Systemic Risk

Let’s talk about what just happened with Oil prices. Yesterday, Oil dropped to -$40 per barrel. That is not a typo. Oil was priced at NEGATIVE $40. On Friday, it was priced at $27 per barrel. How is this possible? This … Continue reading

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Is Oil the Canary in the Coal Mine for a $640 Trillion Derivatives Disaster?

Let’s talk about what just happened with Oil prices. Yesterday, Oil dropped to -$40 per barrel. That is not a typo. Oil was priced at NEGATIVE $40. On Friday, it was priced at $27 per barrel. How is this possible? This … Continue reading

Posted in Debt Bomb | Comments Off on Is Oil the Canary in the Coal Mine for a $640 Trillion Derivatives Disaster?

The Everything Bubble has burst. The next crisis, the BIG one to which 2008 was the warmup, is fast approaching. During the 2008 crisis, the Fed did three things: Cut interest rates to zero making credit all but free for … Continue reading

Posted on by The Phoenix | Comments Off on The Everything Bubble Has Burst, the Fuse is Now Lit on the $250 TRILLION Debt Bomb

The Everything Bubble has burst. The next crisis, the BIG one to which 2008 was the warmup, is fast approaching. During the 2008 crisis, the Fed did three things: Cut interest rates to zero making credit all but free for … Continue reading

Posted on by The Phoenix | Comments Off on Europe is fast approaching A Systemic Event

Someone or someones are in MAJOR trouble. Back in September 2019, the Fed announced it would begin implementing a number of repurchase “repo” programs. If you’re unfamiliar with repo programs, these are programs through which the Fed allows financial banks/ … Continue reading

Posted on by The Phoenix | Comments Off on If Everything is Fine… Why Are the 8 Largest US Banks Preparing to Access the Fed’s Discount Window?

Someone or someones are in MAJOR trouble. Back in September 2019, the Fed announced it would begin implementing a number of repurchase “repo” programs. If you’re unfamiliar with repo programs, these are programs through which the Fed allows financial banks/ … Continue reading

Posted on by The Phoenix | Comments Off on We Are Now Approaching the “Lehman” Event… Prepare NOW!

The world is facing two crises.  The first, coronavirus, is manufactured, the second, a credit implosion, is very real. The coronavirus panic was 100% made up and manufactured by the media. Globally 100,000 people have been infected and a little … Continue reading

Posted on by The Phoenix | Comments Off on Stocks Cling to Hope, But the Credit Markets Say We’re in a Bear Market…

The world is facing two crises.  The first, coronavirus, is manufactured, the second, a credit implosion, is very real. The coronavirus panic was 100% made up and manufactured by the media. Globally 100,000 people have been infected and a little … Continue reading

Posted on by The Phoenix | Comments Off on Ignore Coronavirus, Lehman Brothers 2.0 is Unfolding Before Our Very Eyes

Why is the Head of the NY Fed Talking About NIRP?

As I warned yesterday, the Fed has discovered that: 1)   It is impossible to normalize monetary policy in an Everything Bubble. And… 2)   The Everything Bubble is now bursting. The Fed now has a choice: implement monetary policies even more … Continue reading

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How Bad Are the US’s Finances That the Fed is Talking About Them on Record?

Yesterday, Fed Chair Jerome Powell made a starling admission,  “The U.S. federal government is on an unsustainable fiscal path,” Powell told the Senate Banking Committee, noting that “debt as a percentage of GDP is growing, and now growing sharply… And … Continue reading

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How Wealth Grabs Fit Into the Coming US Debt Crisis

Yesterday, Fed Chair Jerome Powell made a starling admission,  “The U.S. federal government is on an unsustainable fiscal path,” Powell told the Senate Banking Committee, noting that “debt as a percentage of GDP is growing, and now growing sharply… And … Continue reading

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The US Has a Debt to GDP of 105% and It’s Only Going to Get Worse

Yesterday, Fed Chair Jerome Powell made a starling admission,  “The U.S. federal government is on an unsustainable fiscal path,” Powell told the Senate Banking Committee, noting that “debt as a percentage of GDP is growing, and now growing sharply… And … Continue reading

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The Fed Chair Just Admitted On Record That The US is Heading For a Debt Crisis

Yesterday, Fed Chair Jerome Powell made a starling admission,  “The U.S. federal government is on an unsustainable fiscal path,” Powell told the Senate Banking Committee, noting that “debt as a percentage of GDP is growing, and now growing sharply… And … Continue reading

Posted in Debt Bomb | Comments Off on The Fed Chair Just Admitted On Record That The US is Heading For a Debt Crisis

Even the IMF Knows Corporate Bonds are A Major Problem

Too many investors are focusing on what the Fed is doing today. The REAL issue that matters is what the Fed did from 2008-2016. When the Fed created a bubble in US government bonds, also called Treasuries, it was effectively … Continue reading

Posted in Debt Bomb, It's a Bull Market | Comments Off on Even the IMF Knows Corporate Bonds are A Major Problem

Are Investment Grade Bonds REALLY Investment Grade?

Too many investors are focusing on what the Fed is doing today. The REAL issue that matters is what the Fed did from 2008-2016. When the Fed created a bubble in US government bonds, also called Treasuries, it was effectively … Continue reading

Posted in Debt Bomb, It's a Bull Market | Comments Off on Are Investment Grade Bonds REALLY Investment Grade?

Remember, Stockholders Come AFTER Bondholders During Default/ Restructuring

Too many investors are focusing on what the Fed is doing today. The REAL issue that matters is what the Fed did from 2008-2016. When the Fed created a bubble in US government bonds, also called Treasuries, it was effectively … Continue reading

Posted in Debt Bomb | Comments Off on Remember, Stockholders Come AFTER Bondholders During Default/ Restructuring

Forget the Fed, the Everything Bubble Has Gone Corporate… And It’s Bursting

Too many investors are focusing on what the Fed is doing today. The REAL issue that matters is what the Fed did from 2008-2016. When the Fed created a bubble in US government bonds, also called Treasuries, it was effectively … Continue reading

Posted in Debt Bomb | Comments Off on Forget the Fed, the Everything Bubble Has Gone Corporate… And It’s Bursting

Prepare For a Wave of Corporate Debt Defaults

Ignore the day-to-day moves in the markets, in the big picture, some MAJOR is happening… namely, that the Everything Bubble is bursting. By creating a bubble in sovereign bonds, the bedrock of the current financial system, Central Banks created a … Continue reading

Posted in Debt Bomb | Comments Off on Prepare For a Wave of Corporate Debt Defaults

US Corporates Are Sitting On Bad Debt Equal to the GDP of Spain

Ignore the day-to-day moves in the markets, in the big picture, some MAJOR is happening… namely, that the Everything Bubble is bursting. By creating a bubble in sovereign bonds, the bedrock of the current financial system, Central Banks created a … Continue reading

Posted in Debt Bomb | Comments Off on US Corporates Are Sitting On Bad Debt Equal to the GDP of Spain

Warning: the Crisis is Anything But Contained

Ignore the day-to-day moves in the markets, in the big picture, some MAJOR is happening… namely, that the Everything Bubble is bursting. By creating a bubble in sovereign bonds, the bedrock of the current financial system, Central Banks created a … Continue reading

Posted in Debt Bomb | Comments Off on Warning: the Crisis is Anything But Contained