Saturday, September 25, 2021

We Now Have Mass Public Unrest In France, Spain, Algeria, Iraq, Lebanon, Egypt, Hong Kong, Venezuela, Chile, Ecuador And Bolivia

from ZeroHedge:

Monday morning and we here we go again for another “dramatic week”. There are going to be monthly PMIs to look at in particular: will we see any further deterioration, or will growth start to pick up as an early Christmas present? And there are of course rate meetings for the Fed, and the BOJ, and the BOC: the former will cut, with the real issue being if they will signal more soon or not given they are already deep in Repo Madness; and will the giant BOJ wake up from slumber like a giant Kaiju and start throwing markets into turmoil again?

Plus there is the Brexit circus. Will the EU grant the UK an extension until end-January 2020, or a more flexible date, or will France veto that and insist on a very short extension? Almost certainly they will insist that the newly reopened Withdrawal Agreement is this time firmly shut – so if the British Parliament then decides to merrily reopen it from its end and unilaterally start ramming amendments into it, it will not be doing so with EU approval. As such, and just as pertinently, will PM BoJo get his December election or not? The greater likelihood is not, as Labour appears to be desperate for an election – just not now – although the Lib Dems may be prepared to allow one given they see this as a way to prevent any further movement towards Brexit in the short term. (Though what do they think the election campaign will be about? The price of cheese?) Note that the latest opinion poll for the Observer has the Tories on 40% (+3 on the week), Labour unchanged on 24%, and the Lib Dems on 15% (-1), with the Brexit Party on 10% (-2).

What The Heck Is Going On At CNN? One Host Sued For ‘Rubbing Genitals’ Before Assualting Man, Another Pundit Has Security Assault A Journalist, On Top Of ‘Fredo’ Cuomo’s Threats Caught On Camera

by Susan Duclos, All News Pipeline:

I don’t know whether it is something in the water over at CNN or if their collective Trump Derangement Syndrome has somehow manifested into acting like the thugs of Antifa they seem so fond of, but in a series of unfolding events we see that CNN seems to have a culture of violence problem.

Three separate incidents, two of which caught on camera, and the third in the presence of eye witnesses, have come to light.

David Stockman on Soaring Debts and Plummeting Yields…

by David Stockman, International Man:

After decades of unhinged money-pumping, the Fed has driven real interest rates so low that there are no more bond investors — just traders and suckers.

The former have driven the 10-year yield in recent days to just 150 basis points in nominal terms (and deeply into the red in real terms in the face of surging monthly inflation numbers), because they are “pricing-in” one thing and one thing only: simple and supreme confidence that the spineless fanatics who occupy the Eccles Building will keep buying $120 billion per month of government and quasi-government debt.

Negative rates may have to go even lower, says SNB chief

from Swiss Info:

The Swiss National Bank (SNB) may lower interest rates further into negative territory, SNB Chairman Thomas Jordan told the NZZ am Sonntag newspaper.

The SNB’s deposit rate has been at -0.75% – one of the lowest rates in the world – for almost five years, part of a trend toward ultra-low rates evident across industrialized economies.

In an interview with NZZ am Sonntagexternal link, Jordan said interest rates could remain low for a long time and further easing of monetary policy “may be necessary”.

“Our interest rate flexibility is not unlimited, but we have the opportunity to make further decreases,” he said.

The Censorship Is Real – EndOfTheAmericanDream.com Is Being Completely Blocked By Library Internet Filters

by Michael Snyder, End Of The American Dream:

Somebody out there definitely does not want you to see what I have to say. On Sunday I received an email that upset me greatly, and I am about to share it with you. One of my readers recently went to his local library to print off a couple of copies of one of my articles, and it turns out that EndOfTheAmericanDream.com was completely blocked by the Internet filter that the library was using. I have been writing a lot about how conservative voices are being systematically censored on the Internet, but it becomes more real when it happens to you. The following is the message that my reader sent me via email…

Watching Paint Dry in the Repo Market

by Michael Pento, Market Oracle:

The world of fixed income trading has been extremely volatile lately. Rates have not only spiked in the Treasury market but borrowing costs in money markets have also become extremely disconcerting. The residual effects from Quantitative Tightening, which ended just this past July, are wreaking havoc on the liquidity in bond markets. Ironically, the Fed’s erstwhile rate hikes and its QT program–what Fed Chairs described as running in the background and like watching paint dry—turned out to be the catalyst for a freeze in the junk-bond market in December of 2018 and is now causing major disruption in the Repo market.

This illustrates clearly the tenuous nature of the bond bubble and that it will someday implode like a supernova—sending yields skyrocketing on a long-term basis. However, it most likely does not yet mark the start of the epoch debt bubble debacle that is in store. We will need a surge of inflation expectations, or the credit markets to shut down on a protracted basis for that to occur. We are moving closer to that eventuality every day.

Virginia Again

from Amazing Polly:

https://www.youtube.com/watch?v=VDAD1CR5xdk

UK: Christian Pastor Arrested For Saying Marriage is Between a Man and a Woman

by Paul Joseph Watson, Summit News:

71-year-old released without charge after spending night in jail.

A Christian pastor in the UK was arrested by police after a member of the public reported him for the “homophobic” comment of saying that marriage was between a man and a woman.

Yes, really.

The incident occurred outside Uxbridge Station in west London. A video clip shows the elderly pastor being confronted by police and forcefully handcuffed before being led away.

OCTOBER SURPRISE

from SGTreport:

We really shouldn’t be surprised, anons warned us this was coming. But the blatantly absurdist nature of the targets is what’s most shocking. It’s a who’s who of deep state criminals and the exact same names we have been demanding be indicted and tried for their sedition and in some cases, treason. And the fact that CNN continues to refer to George Soros as a “Democratic donor and businessman” is really just the cherry on top of this prop bomb fable.

https://www.youtube.com/watch?v=hPaxtKffiX8