Global Economy Not Heading Into a Recession - IMF’s Lagarde
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Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://www.cnbc.com/2018/12/06/investor-fears-about-recession-seem-overdoneimfs-christine-lagarde-says.html
Lets see how they going to twist the story further ...
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
zerohedge
@zerohedge
49m49 minutes ago
"is the light at the end of the tunnel actually a heavily-subsidised Chinese high-speed train (or hypersonic missile) coming towards us?" - Rabobank
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Global Debt Tops 244 Trillion Dollars As "Nearly Half The World Lives On Less Than $5.50 A Day"
Hedge Funds Suffer Massive $22.5 Billion In Q4 Outflows
For The First Time Ever, Wall Street Banks Top $100 Billion In Profit
Student Debt Is a Driver of Low Millennial Homeownership Rates - FED
U.S interest payments set to surpass Medicaid in 2020, defense in 2023
USA: Economy is so "strong" it can't sustain 2.25% FED interest rate
Gundlach Sounds The Alarm Over $122 Trillion In Unfunded U.S. Liabilities
Gundlach: Debt-Financed Share Buybacks Turned Stock Market Into High-Risk CDO
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
FoShizzle- Posts : 969
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Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://youtu.be/zAlr01DLU2c
luda- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Until yesterday I've only heard about the name BlackRock but now I found some compromized info, what it is. A few thousand employees, a few thousand computers around the world and an algorithm have started to manage global economy.
WTH is in this construction that could eventually go wrong?
Until now I had the picture of an economy as a castle standing on matches and in the near future there will be one match left.
Where is the exit? I want to leave this sickening place.
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
the Treasury Department doesn't include unfunded Social Security and Medicare liabilities on the federal balance sheet, these debts are included in TIA’s report.
https://www.zerohedge.com/news/2019-04-15/distressed-nation-each-american-would-owe-700000-eliminate-worsening-debt-situation
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
...
Interesting, on this page the Washington Post tells me:
This content is currently not available in your region.
Censorship in full swing. Free communication and information may be impossible soon.
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
_________________
“In the age of information, ignorance is a choice.” - Donny Miller
“You are an explorer, and you represent our species, and the greatest good you can do is to bring back a new idea, because our world is endangered by the absence of good ideas. Our world is in crisis because of the absence of consciousness.”
― Terence McKenna
boris- Posts : 2153
Reputation : 67
Join date : 2018-05-18
Location : Australia
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Yesterday N.Y. FED TAKES $75B OF TREASURIES, SECURITIES IN REPO OP
Before yesterday $53BN
Liquidity Shortage Getting Worse: Fed's Repo Oversubcribed Even More As Funding Demand Jumps
https://twitter.com/zerohedge/status/1174665851645153280
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Slovák wrote:NY Fed Announces Third Consecutive Repo Operation On Thursday
Yesterday N.Y. FED TAKES $75B OF TREASURIES, SECURITIES IN REPO OP
Before yesterday $53BN
Liquidity Shortage Getting Worse: Fed's Repo Oversubcribed Even More As Funding Demand Jumps
https://twitter.com/zerohedge/status/1174665851645153280
Dollar Funding Shortage Accelerates As Both Overnight And Term Repo Oversubscribed
https://www.zerohedge.com/markets/feds-term-repo-2x-oversubscribed-banks-brace-quarter-end-funding-shortage
Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos
https://www.zerohedge.com/markets/liquidity-scramble-fed-announces-overnight-repos-every-day-next-week-introduces-term-repos
today:
Overnight repo submissions: $80.2BN
Term repo submissions: $62BN
Total funding shortfall: $142BN
“Don’t Call It QE”, says JPM about the renewed growth in the Fed's balance sheet
DUDLEY: FED DOESN'T REALLY KNOW HOW MUCH RESERVES BANKS NEED
POWELL: WE WILL REVISIT QUESTION OF WHEN TO GROW BALANCE SHEET
... the fact that this potential reserve shortage is taking place with nearly $1.4 trillion in "excess" reserves in the system
Citi expects reserves to decline by around $100BN on Sept. 30, as Treasury’s cash balance will increase by $50b, the Fed’s RRP facility tends to increase by around $40b, and foreign RRP balances have been rising, with Citi estimating another $10b increase. Meanwhile, on Sept 30, the gross Treasury supply is expected to be $113bn. … concluding that the Fed is likely to transition to permanent open market operations after the October FOMC
Goldman Sachs warning that world stock markets “are about to get wild in October”, states the more accurate word they should have used to describe what is coming would be catastrophic—and is due to one of America’s largest banks so near to collapsing, the Federal Reserve is rushing to keep it afloat with a staggering $1.5 trillion emergency bailout—an emergency bailout, however, the Federal Reserve is spreading out with $75 billion daily payments until 10 October so as not to alarm and place into panic their nation’s citizens—but is now “sowing chaos deep inside the plumbing of the entire US financial system”—most particularly because this bank nearing collapse has yet to be officially named ...
https://www.zerohedge.com/markets/goldman-sachs-has-just-issued-ominous-warning-about-stock-market-chaos-october
Russia’s SPFS and China’s CIPS global payment systems rely on gold—and is why both of them have been ditching US Dollar-Federal Reserve Notes as fast as possible—which, in turn, now sees virtually no one in the world wanting to have US Dollars—thus leaving the Americans with no other choice than to buy their own debt—but that their own banks can’t afford, and is why they’re collapsing.
Slovák- Guest
Capitalism Is Dead !
https://www.zerohedge.com/geopolitical/chinese-firms-dump-40-billion-global-assets-turn-net-seller-first-time-decades
'Vaguely Troubling': BIS Warns Of Financial Disaster Amid $17 Trillion In Negative-Yield Debt
https://www.zerohedge.com/economics/vaguely-troubling-bis-warns-financial-disaster-amid-17-trillion-negative-yield-debt
David Rosenberg: Even If The Fed Cuts Rates To 0%, A Recession Will Hit In 12 Months
https://www.shtfplan.com/forecasting/david-rosenberg-even-if-the-fed-cuts-rates-to-0-a-recession-will-hit-in-12-months_09232019
The interest rate business model (capitalism) is dead. Negative interest rates (central banks) killed it, with no replacement in sight.
Banks can no longer earn money w/flat yield curve: maturity transformation business is dead. (banks) borrow money short term & lend long term.
https://www.zerohedge.com/political/mish-negative-interest-rates-are-socio-political-poison
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Last July, Bloomberg reported that when the BNP deal was first mooted, Deutsche Bank clients were pulling out a billion dollars every day … Deutsche Bank, which may be needing a significant liquidity replacement for fleeing deposits
US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs.
Another potential problem is China, with the Financial Times reporting only eleven days ago that Chinese groups are shedding $40bn in global assets, with a sub-heading that warned US divestments are soaring.
Then there is the unexpected escalation of domestic funding requirements faced by Saudi Arabia in the wake of the attack on her oil refining facilities, almost certainly being covered by the sale of dollar balances in New York.
There has been a reduction in dollar balances by foreign corporations and governments held through correspondent banks (note that in the twelve months to July 2019, there have been net withdrawals of $307.9bn … a reduction in dollar balances by both foreign corporations and governments, contrary to a wide-held belief that in a crisis, foreigners should be scrambling to buy dollars. …
According to the Bank for International Settlements, outstanding collateralised loan obligations are split with approximately $1.2 trillion in US dollars, and $200bn equivalent in euros. The dollar exposure accounts for half of all leveraged loans in the US financial system, so the total size of the US leveraged loan market is more like $2.4 trillion, which compares with the book value of total equity capital for commercial banks in the US of $1.95 trillion. While direct bank exposure to CLOs is estimated at only $250bn, they are bound to have the lion’s share of the rest of the leveraged loan market, giving them a total exposure of up to $1.5 trillion without indirect exposure being taken into account. Most of American banks’ equity capital is therefor at risk.
If it took two months between Libor freezing in December 2007 and Northern Rock being rescued by the UK government and if that timing is replicated today, a new banking crisis will hit in November
https://www.zerohedge.com/political/us-repo-calypse-ghost-failed-banks-returns
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
the BOJ had indicated it may even stop buying debt of more than 25 years.
Japan's Government Pension Investment Fund (GPIF) that it was pivoting toward buying more FX-hedged foreign debt. … to buy more foreign debt, as it’s already close to the 19% limit in its current mandate; and while good news for US Treasurys this was bad news for local JGBs.
https://www.zerohedge.com/markets/japanese-bond-crash-margin-call-sends-shockwaves-around-globe
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://www.marketwatch.com/story/dow-sp-500-on-track-for-worst-start-to-a-quarter-since-2008-financial-crisis-as-recession-fears-accelerate-2019-10-02?mod=mw_theo_homepage
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
NY FED ANNOUNCES EIGHT TERM REPO OPS WITH VARIOUS TERMS, SIZES
POWELL: U.S. ECONOMY FACES RISKS BUT OVERALL IS IN GOOD PLACE
NY FED OVERNIGHT REPO OPS. TO HAVE LIMIT OF AT LEAST $75B
Only the banksters understand themselves, the economy "in good place" but needs daily tens of billion U.S.dollars extra funding ... only in Murica
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://twitter.com/CNBCnow/status/1182672486749671425
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
It’s said to be hard to borrow money in the market this morning mainly due to the coming tax submission which was postponed to this Thursday
flooding the local financial system with a net 250 billion in reverse repos (for those confused, a reverse repo in China is the equivalent of a repo in the US, and vice versa). One day later, on Wednesday, the PBOC injected another 200 billion in net liquidity
China's credit impulse is set for another sharp drop...
https://www.zerohedge.com/markets/china-just-injected-most-2-day-liquidity-january-and-its-not-enough
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Calling Fed repo actions “Not-QE” is a funny means pointing out that the Fed is not being straightforward about its intentions, but when comparing current repo loans and asset purchases to an event like TARP back in 2008, which by itself injected over $16 trillion in liquidity into the financial system (no audit of the other QE programs has yet been undertaken), the current stimulus is nothing but a drop in the ocean.
They clearly have no intention of kicking the can any longer. The Fed WANTED a crash, and now they have it. The reason why is perfectly logical: The central bank, under the control of globalists at the BIS, needs economic chaos to provide cover for what they call the “global economic reset”. Essentially, it is the controlled demolition of the old world order to make way for their “new world order”.
http://www.alt-market.com/index.php/articles/3981-the-feds-liquidity-response-is-too-little-too-late-but-that-was-always-the-plan
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://twitter.com/zerohedge/status/1203097161526845440
More and more monopoly money has been printed by the central banksters in billion dollars daily, there is no exit strategy on their part.
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://www.zerohedge.com/markets/midnight-tomorrow-wto-effectively-ceases-function
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Fed May Need Swap Lines, QE4 to Ease Funding Woes: Credit Suisse
Morgan Stanley: Central Banks Are Injecting $100 Billion Per Month To Crush Vol And Spike Markets
Zerohedge
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
The Fed and the banks grossly underestimated how much of the increased U.S. Treasury debt issuance they would have to buy. In just the last quarter, the Treasury issued nearly $1 trillion dollars of debt. At the same time, foreign sponsorship of U.S. Treasuries has been declining
https://realinvestmentadvice.com/when-it-becomes-serious-you-have-to-lie-update-on-the-repo-fiasco/
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
we have entered a period of deglobalization and that’s concerning because neither the global economy nor the financial markets are wired for deglobalization. So I’m not as optimistic as others that the mini-deal between China and the U.S. will lead to a long-term resolution. We have weaponized the economic tools, and the minute you do that, it’s very hard to step back.
https://themarket.ch/interview/my-main-worry-about-the-global-prospect-is-europe-ld.1368
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Availability of certain facilities gives hope Nord Stream 2 to be built in foreseeable future - Peskov
Interfax
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
https://twitter.com/SputnikInt/status/1218495751485042689
Well that escalated quickly, compare the new IMF director to the quoting of her predecessor in the title
Slovák- Guest
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
#BREAKING Deutsche Bank plans to raise up to € 20 billion in debt pic.twitter.com/PzgGlYGA3u
— Breaking News % (@AlertChannel) February 3, 2020
In case you missed it: US Yield Curve, measured by 3mth/10y spread, is back in inversion. Yield Curve tends to be a good recession predictor. 3mth/10y yield spread hasn’t sent a false signal for more than 50yrs, BBG’s Authers says. pic.twitter.com/gxSXxn7OO1
— Holger Zschaepitz (@Schuldensuehner) February 3, 2020
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
#BREAKING Deutsche Bank plans to raise up to € 20 billion in debt pic.twitter.com/PzgGlYGA3u
— Breaking News % (@AlertChannel) February 3, 2020
In case you missed it: US Yield Curve, measured by 3mth/10y spread, is back in inversion. Yield Curve tends to be a good recession predictor. 3mth/10y yield spread hasn’t sent a false signal for more than 50yrs, BBG’s Authers says. pic.twitter.com/gxSXxn7OO1
— Holger Zschaepitz (@Schuldensuehner) February 3, 2020
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
Baltic dry index now down more than 83% from it 2019 peak! pic.twitter.com/WkS44vImy5
— jeroen blokland (@jsblokland) February 10, 2020
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
Re: Global Economy Not Heading Into a Recession - IMF’s Lagarde
"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens...while the process impoverishes many, it actually enriches some." - Keyneshttps://t.co/4pDHbkJpk6 https://t.co/sNrXs2FalT
— Rudy Havenstein, Risk Parody. (@RudyHavenstein) February 10, 2020
_________________
The main reason for my wish to change this society is that so many human skills have no chance to come to fruition. Instead they are used in a really sick way so that people are maintaining their own suffering from wars, hunger and illness. But it can not be changed "top-down", only in some kind of "grassroots revolution" or better "evolution" where more and more people work together to get rid of TPTB (whoever that is).
No need for a "big event" but development. One of my ideas to reach it: Don't play "their" games - don't use "their" rules - don't think in the box of "their" paradigms.
It's more "refuse" than "resist" - without too much ideology. You don't need to know much about "what's going on behind the curtains", it's mainly to create your own rules together with like-minded people.
That is what I mean with "I'm on the side of the people".
Ceterum censeo Imperium Americanum esse delendum.
Die Lage ist hoffnungslos aber nicht ernst.
Böhse Tante- Posts : 15853
Reputation : 140
Join date : 2019-03-17
Age : 65
Location : ECB City
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