Federal Reserve

The Fed will be creating $75-billion daily in overnight 'repo' loans through October 10, and likely beyond. The author of this article speculates that these loans look suspiciously like a concealed bailout. The US dollar is doomed.

On Saturday morning, September 14, 2019, a few drones – were they drones or long-range missiles? – hit the Saudis most important two oil fields, set them ablaze, apparently knocking out half of the Saudi crude production but measured in terms of world production it is a mere 5%. Could be made up in no time by other Gulf oil producers – or indeed, as the Saudis said, by the end of September 2019 their production is back to ‘normal’ – to pre-attack levels.

Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves.

Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves. Central bankers are acknowledging that they are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, said in a speech at the annual meeting […]

The IMF, has been instrumental in helping destroying the economy of a myriad of countries, notably, and to start with, the new Russia after the fall of the Soviet Union, Greece, Ukraine and lately Argentina, to mention just a few. Madame Christine Lagarde, as chief of the IMF had a heavy hand in the annihilation of at least the last three mentioned. She is now taking over the Presidency of the European Central Bank (ECB).

We agree that the Fed should not bail out the Trump administration - but that's because we don't think it should bail out any administration.

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been.

• The question on most financial analysts’ minds this weekend: is Trump’s trade war with China triggering an economic downturn, thus increasing odds that the US economy will fall into recession?

Stocks fell rapidly on Wall Street at closing on Friday after Trump responded to China’s tariff threat against American imports – pushing the market to its fourth-straight week of losses.

Submitted by John Beasley…

Breitbart finally covers the story of how Chris Hayes got YouTube to blacklist the search term "federal reserve" and scrub Century of Enslavement from those search results. Today, James puts out the challenge: can you break through the information blockade with good old word of mouth?