This figure is so great, there is no other single year in U.S. history that comes anywhere close to this amount.
There is a Real Bubble along the US yield curve, a Deutsche Bank report notes, as GDP and inflationary signals appear overlooked
During the 1930s, the Rockefellers pushed hard for war against Japan.
Bondholders, savers, consumers to be put through inflation wringer.
Only 2nd February Decline in 20 Years
US President Donald Trump can't put into practice the policies to benefit business he's pledging, while markets may be underestimating the risks of protectionism, warns economist Nouriel Roubini, known as "Dr. Doom" and "permabear" for his pessimistic predictions.
Which means that the Fed will have to keep all that dollar debt in mind as it decides what to do.
The Fed may have no choice but to reverse its tightening course in the very near future.
Note how it’s all been decelerating since the collapse in oil capex, & most recently the deceleration has intensified: This is the absolute level of loans outstanding, which seems to only go negative like this in recessions This is the annual growth rate which appears to be in a state of collapse:
Looking at the expectations of the Fed board members, they are practically still confirming ‘money’ is losing its value pretty fast.
Sales of Physical Gold and Silver Are Collapsing Across the Entire Industry.
Whether their doubts are vindicated will matter for both the United States and the world economy.
This Certainly Isn't Going to Help Our Banker Friends...
Will there be a seismic shift in bond and agency MBS volatility as The Fed gradually raises rates and starts to unwind their massive balance sheet?
But why is there so little inventory for sale? One reason is that the supply of mortgage credit to households with credit scores of less that 660 had drop precipitously by 2012.
There are times when government can no longer stand and the only thing that survives is private assets. This took place during the collapse of the Weimar Republic (German Hyperinflation) […]
This is not a good start...
The supply of gold which has traditionally only been able to growth at 2%, matches population growth of approximately the same order. As a result gold holds its value.
Next: higher rates or currency crisis?
The failure of the Fed to signal an increased pace of normalization & the prospects of other central banks raising rates spurred dollar losses, which deteriorated its technical outlook.