Category Archive: 5) Global Macro

The Only Real Solution Is Default

The destruction of 'phantom wealth' via default has always been the only way to clear the financial system of unpayable debt burdens and extremes of rentier / wealth dominance. The notion that the world could always borrow more money as long as interest rates were near-zero was never sustainable.

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Own These Assets To Survive The Bear Market

Hot inflation is crashing corporate profits, as consumer spending falls and the Fed's rate hikes make the cost of capital more expensive. As a result, stocks remain under pressure and bond default risks grow.

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Why Are Foreigners Happy with Bond ‘Losses’? [Ep. 262, Eurodollar University]

Foreign institutions have been merrily losing money on US Treasury holdings for years, buying high and selling low - are they insane? No, their investment behavior reveals that these bonds are used for managing risk, global systemic risk.

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Weekly Market Pulse: There Is No Certainty In Investing

Investors crave certainty. They want to know that there are definitive signals for them to follow as they adjust their investments to fit the current market and economy. They want to know that A leads to B leads to C. Tea leaf readers are always in high demand on Wall Street and they continue to find employment despite their almost universally dismal track record.

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Solar tech company aims to cut Germany’s reliance on Russian gas amid Ukraine war | Tech In Trend

Europe is facing a major energy crisis amid the ongoing Russia-Ukraine war. However, there is a Solar tech company named WeDoSolar that aims to cut Germany's reliance on Russian gas.

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Fossil fuels will have to end. Are batteries the new ‘oil’?

There is an urgent need to cut greenhouse gas emissions in order to avoid global warming and create a society without fossil fuels. The solution is emission-free electrification 3 scientists received the 2019 Nobel Prize for their work on lithium-ion batteries.

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US Security Advisor: Iran will supply combat drones to Russia | Latest English News

Jake Sullivan, the White House national security advisor said that Iran is planning to supply hundreds of drones with combat weapon capabilities to Russia for use in Ukraine.

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4 Social Security Changes to Expect in 2023

Looking into a crystal ball and prognosticating the future is always a risky endeavor, but when it comes to Social Security and the year 2023 there are 4 things that have a high probability of happening.

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Russian rockets hit central Ukraine, Zelensky call it ‘an act of terrorism’ | World News | WION

Russian missiles struck a city in central Ukraine. The strike killed 21 people and wounded about 90 more. Ukrainian president Zelensky called it 'an act of terrorism'.

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US Dollar Strength: “Unintended Consequences” Or “The Empire Strikes Back”?

How unintended can these consequences be? My guess: not very. A great many people got the U.S. dollar trade wrong. The conventional view held that "printing money", i.e. expanding the supply of money, would automatically devalue the currency. It isn't quite so simple, it seems.

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Gravitas: Ukraine war: Putin renews old friendships

Europe is on the edge after the Russian Nord Stream gas link was shutdown. President Vladmir Putin is making fresh moves. He will travel to Iran next week. Palki Sharma tells you what to expect. #Gravitas #Ukraine #VladimirPutin

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The Economist Reviews Pandemic Goods Boom 2020-22 [Eurodollar University, Ep. 261]

The Economist recounts how the pandemic led to a goods-consumption-boom and whether post-pandemic economics means normalization, or a services boom or a recession.

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Calm Before the Tempest?

Is it beyond conception that the core actually strengthens for a length of time before the unraveling reaches it?Let's start by stipulating the obvious: no one knows the future, and most of the guesses--oops, I mean forecasts--will be wrong. Arguing about the forecasts now won't make any difference as to which ones are correct and which ones are wrong.

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The Economist Notes UK’s Economy was Maimed 15 Years Ago [Eurodollar University, Ep. 260]

The Economist admits to, warns of and draws attention to Britain's 15-year economic depression, labeling it a "slow-burning crisis", "long-standing", "stagnation nation" and "a chronic disease". There are many devastating socioeconomic, geopolitical consequences. It's not just Britain, it's the world.

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Black holes: why they matter

NASA’s James Webb Telescope has captured this stunning image of stars around a black hole. Yet black holes remain among the biggest mysteries of the universe. What are they and why are they so important?

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Ukraine: Harvest season makes farmers anxious, estimated 22 million tons of grain blocked | WION

Harvest season begins in September and is often marked by festivities in other parts of the world but in Ukraine farmers are anxious especially with the ports blocked and warehouses filled with last times harvest, what miseries will come this season along with the raging Russia-Ukraine war?

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Why Nations Fail

The irony is that the suppression of dissent is the suppression of competing ideas that generate systemic stability via rapid adaptation. Nations that appear stable may fail once they're under pressure.

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Possibility of peace talks: Putin says not rejecting peace negotiations | World English News

Amid the ongoing Russian invasion of Ukraine, Russian President Vladimir Putin said that he is not rejecting peace negotiations. He added that the West wants to defeat him and Russia.

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Weekly Market Pulse: A Most Unusual Economy

The employment report released last Friday was better than expected but the response by bulls and bears alike was exactly as expected. Both found things in the report to support their preconceived notions about the state of the economy.

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Zelensky calls for modern military aid as assault in Eastern Ukraine intensifies

It has been several months since the Russian invasion of Ukraine rages on. Scores of civilians have lost their lives in the conflict. Now, Zelensky calls for modern military aid as the assault in Eastern Ukraine intensifies.

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