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Looks like the merge might not be going through.

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Mar 19, 2023Liked by Peter Nayland Kust

Peter - your para here:

The Fed had only recently began actively shrinking the money supply—a process which has now been well and truly aborted with the tremendous spike in Federal Reserve loans to member banks in response to the recent liquidity fears.

I have read elsewhere is not easing (or stopping the tightening), and/or that these loans should not be viewed as allowing the banks to avoid the losses (due to their under-water investments to continue losing value as rates have risen). But I'm not savvy re these topics -- and/or I'm not sure who to trust given their bias to present these consistent with their past predictions or clients. Have you done a deeper dive on these 'loans' and whether they do indeed present a pivot or return to QE (and/or giving the banks a pass on those poor decisions)? Would you please?

Thanks in any event for all you are providing here -- Hoping you have some time to pray, give thanks and reflect on this day of our Lord.

DT

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founding

I feel like I’m looking up in the sky and watching a giant financial asteroid plunging right toward Earth. And nothing anyone can do to stop it...

Okay, here’s a question right out of ‘spy novel’ territory. Most of the world’s billionaires - including drug lords, illegal arms dealers, Russian oligarchs, and members of the World Economic Forum - keep substantial cash in Swiss bank accounts, right? You probably can’t find any hard data on this, but I’d love to hear your speculation on the chain of events that could happen if these world players lost trillions as Credit Suisse (and others?) completely tank. Putin’s war ends, because his financial backers aren’t playing anymore? The nefarious plans of WEF members exposed and upset as their extreme financial losses pile up? This could all unravel in so many morbidly fascinating ways!

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