Crashing Capital Markets and Banking Sector Bankruptcies, Followed by a Flood of Corporate Bankruptcies
Could the coronavirus act as a catalyst for a new global economic crisis? It certainly has that potential – but how would…
Oil Drop
World’s Top Oil Trader Is Now A Used Car Salesman
Vitol Group, the world’s largest independent oil-trading firm, has been startled by the prospects of peak oil demand as it…
BoE Warns Of Worst Economic Slump In 300 Years
The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program unchanged despite…
“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down
Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a…
Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”
Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry,…
Ronin Capital Blows Up, Unable To Meet CME Capital Requirements After VIX Trade Goes Wrong
We have certainly had our share of dismal fund returns in the past two weeks, in the aftermath of a…
Noted Investor Warns Trump If He Doesn’t “Shut Down” Entire Country for 30 Days
Due to coronavirus, we will lose “America as we know it”… Read moreWells Fargo is the smallest of the four…
Midtown Manhattan Bank Runs Out Of $100 Bills Amid Corona Panic
With the stock market plummeting as the realities of the COVID-19 outbreak sink in, nervous New Yorkers flooded a Midtown…
The Blood Bath Has Begun
Don’t forget, the Spanish Flu pandemic lasted from January 1918 to December 1920. Facebook Twitter Pinterest Email Read moreIs This a Warning Sign,Bancorpsouth…
Fear Of The Coronavirus Is Causing A Stock Market Apocalypse
This day is here– get ready, the virus WILL spreads throughout the US and Europe, governments will respond the same…
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