[KR1442] Keiser Report: Time No Longer Has a Price

In this episode of the Keiser Report, Max and Stacy discuss the demise of the European banks as “time no longer has a price,” according to German newspaper Die Welt. With negative interest rates, the ECB has upended the simple and profitable business model of borrowing short and lending long. In the second half of the show, Max interviews Nik Bhatia of OpenNode.co and Tantra Labs about the time value of money and how it applies to bitcoin. They also discuss the latest in the repo markets and which bank could be insolvent.

44 comments on “[KR1442] Keiser Report: Time No Longer Has a Price
  1. Youri Carma says:

    MARKETS A LOOK AHEAD: Watch For A FALSE FLAG Event..
    Sep 29, 2019 Gregory Mannarino
    https://www.youtube.com/watch?v=M8R3TQUOQZA

    China Releasing Government Crypto Currency As Early As November 11th?
    Sep 29, 2019 WallStForMainSt
    https://www.youtube.com/watch?v=dFtRomftpPY

    Jim Willie: Infinitive Quantitative Easing Will Collapse World Economy
    Sep 28, 2019 TruNews
    https://www.youtube.com/watch?v=9RhoNTnfkjI

    Rob Kirby – Trump Surrounded by Treasonous Dirt Bags Withholding Truth
    Sep 28, 2019 Greg Hunter
    https://www.youtube.com/watch?v=xAF6_9_WS8g

    Gerald Celente – Markets Will Crash, Should Impeachment Tensions Sharply Spike
    Sep 28, 2019 Gerald Celente
    https://www.youtube.com/watch?v=UPokXy_6H6I

  2. Youri Carma says:

    WWIII

    New Russia Sanctions Target Shadowy Business Empire Of ‘Putin’s Chef’ For US Election Interference
    https://www.zerohedge.com/political/us-sanctions-target-shadowy-business-empire-putins-chef-election-interference

    Iraqi PM For First Time Confirms Israel Responsible For Multiple Strikes On Iraq
    https://www.zerohedge.com/geopolitical/iraqi-pm-first-time-confirms-israel-responsible-multiple-attacks-iraq

    MbS: War With Iran Would Send Oil To Highs “That We Haven’t Seen In Our Lifetimes”
    https://www.zerohedge.com/energy/mbs-war-iran-would-send-oil-highs-we-havent-seen-our-lifetimes

    Three Saudi Brigades Reportedly Annihilated In Devastating Houthi Offensive In Saudi Arabia
    https://www.zerohedge.com/geopolitical/three-saudi-brigades-reportedly-annihilated-devastating-houthi-offensive-saudi-arabia

    Rouhani Has Exposed the Futility of European Diplomacy
    https://www.zerohedge.com/geopolitical/rouhani-has-exposed-futility-european-diplomacy

  3. Youri Carma says:

    TRADE WARS

    Beijing Slams “Fanatical US Hawks”, Warns Of Economic Backlash After ‘Delisting’ Threat
    https://www.zerohedge.com/geopolitical/beijing-slams-fanatical-us-hawks-warns-economic-backlash-after-delisting-threat

    GLOBAL

    Global auto market in negative territory for 12 consecutive months
    Sep 29, 2019 ARIRANG NEWS
    https://www.youtube.com/watch?v=_Jy4TXg1Fzs

    The world auto market has been in negative territory for twelve months in a row its worst performance since the global financial crisis.

    According to the Korea Automobile Manufacturers Association on Monday, around seven-point-two million cars were sold worldwide in August,… a three-point-nine percent decrease compared to same month last year.

    Weak demand in emerging economies such as China and India was cited as the main reason for the decline.

    UK-based research company LMC Automotive also estimated the total global car sales from January to August this year at 59 million,… a five-point-nine percent drop on-year. This adds to concerns for South Korea’s car industry, which relies heavily on exports.

    U.S.

    ‘Retail Apocalypse’ Continues: Forever 21 Files For Bankruptcy, 30,000 Jobs At Risk
    https://www.zerohedge.com/markets/retail-apocalypse-continues-forever-21-files-bankruptcy-30000-jobs-risk

    Chicago PMI Re-Slumps Back Into Contraction
    https://www.zerohedge.com/economics/chicago-pmi-re-slumps-back-contraction

    Nearly Half Of America’s Homeless People Live In California
    https://www.zerohedge.com/personal-finance/nearly-half-americas-homeless-people-live-california

  4. Youri Carma says:

    FED

    Repo Rate Soars As Fed Accepts $63.5 Billion In Collateral On Last Day Of Q3
    https://www.zerohedge.com/markets/repo-rate-soars-fed-accepts-635-billion-collateral-last-day-q3

    GOLD

    Gold Prices Plunge Right On Cue As China Golden Week Begins
    https://www.zerohedge.com/commodities/gold-prices-plunge-right-cue-china-golden-week-begins

    BONDS

    Why The U.S. Yield Curve Reliably Predicts U.S. Recessions
    https://www.zerohedge.com/economics/why-us-yield-curve-reliably-predicts-us-recessions

    TYRANNY

    Senior Twitter Executive Exposed As British Psy-Ops Soldier
    https://www.zerohedge.com/geopolitical/twitter-executive-exposed-british-psy-op-soldier

    CIA, Climate, And Conspiracy: More Notes From The Edge Of The Narrative Matrix
    https://www.zerohedge.com/geopolitical/cia-climate-and-conspiracy-more-notes-edge-narrative-matrix

  5. Youri Carma says:

    CIA Whistleblower’s Attorney: ’60 Minutes’ Federal Protection Story Is Fake News
    https://www.zerohedge.com/political/cia-whistleblowers-attorney-60-minutes-federal-protection-story-fake-news

    EURO ZONE

    Credit Suisse Spying Scandal Exposes ‘Banker Surveillance State’
    https://www.zerohedge.com/markets/credit-suisse-spying-scandal-exposes-banker-surveillance-state

    Credit Suisse ‘Spy’ Found Dead As ‘Espionage Scandal’ Stuns Swiss Banking Establishment
    https://www.zerohedge.com/markets/credit-suisse-investors-board-back-ceo-spy-scandal-rattles-swiss-banking-establishment

    UK’s Metro Bank Teeters after Bond Sale Fails. Shares Collapsed 95%
    https://www.zerohedge.com/markets/uks-metro-bank-teeters-after-bond-sale-fails-shares-collapsed-95

    Brexit “Surrender” Strategy: Winning Ugly
    https://www.zerohedge.com/political/brexit-surrender-strategy-winning-ugly

  6. Youri Carma says:

    Post Market: THE FED. IS ABOUT TO GO FULL NUCLEAR
    Sep 30, 2019 Gregory Mannarino
    https://www.youtube.com/watch?v=uLWhdoGdsvo

    Brick & Mortar US Retailers in Accelerating Death Spiral & US Consumer Is Tapped Out?
    Sep 30, 2019 WallStForMainSt
    https://www.youtube.com/watch?v=EmX-DAM3fiA

    Triple Lutz Report More Repo Man Madness and Impeachment Peach Fuzz Episode 473
    Sep 30, 2019 FSN GoldandSilver
    https://www.youtube.com/watch?v=UoHT5MXCpOw

    OPUS 176 CIA Coup CONFIRMED
    Sep 30, 2019 Steve Pieczenik
    https://www.youtube.com/watch?v=3naToXWe1JU

    Google Wins Right to be Forgotten Case
    Sep 30, 2019 TWiT Tech Podcast Network
    https://www.youtube.com/watch?v=XnSfckcbg-k

  7. Youri Carma says:

    TRADE WARS – Encore

    What Can We See From The Sudden Escalation Of The Sino–US Trade War?
    https://www.zerohedge.com/geopolitical/what-can-we-see-sudden-escalation-sino-us-trade-war

    I think from a China perspective these are the questions asked:

    Is China willing to help Trump winning the elections by making a trade deal? And what if there’s no trade deal at all and Trump wins the election anyways?

    If there’s a trade deal China could be in a better position for the time being (4 years) but if they can manage Trump losing the elections could they even be in a better position?

    I think if there is no trade deal we ain’t seen nothing yet in this trade war and will escalate quickly because 1. It could help Trump lose the elections and 2. If Trump wins the elections anyways without a trade deal it will escalate anyways so the Chinese have nothing to lose by going on the offensive a bit earlier.

    So I expect this trade war to escalate.

  8. Youri Carma says:

    TRADE WARS – Encore

    Huawei Wants The World’s Next Trojan Horse To Be Chinese
    https://www.zerohedge.com/geopolitical/huawei-wants-worlds-next-trojan-horse-be-chinese

    As a citizen do you rather have your own government spying on you, which could affect you, or a far away foreign country?

    If this is to take place as mentioned in this piece a huge consumer market will be lost. We haven’t seen any serious counter measures from the Chinese yet in this respect like banning Apple and other U.S. companies. The consequences will be huge and I don’t think Wall Street will like that.

  9. Youri Carma says:

    SOUTH KOREA

    South Korean Consumer Prices Just Did Something They’ve Never Done Before
    https://www.zerohedge.com/economics/south-korean-consumer-prices-just-did-something-theyve-never-done

    South Korea’s exports fall for tenth straight month in September
    Sep 30, 2019 ARIRANG NEWS
    https://www.youtube.com/watch?v=JYOpgGgBd-g

    September was another month to forget on the trade front for South Korea. The trade ministry says outbound shipments plunged eleven-point-seven percent on-year last month to around 44-point-7 billion U.S. dollars.

    The nation’s exports have been constantly declining since December 2018.

    The volume of semiconductor and petrochemical exports increased, but their falling prices contributed to the overall decrease in September.

    South Korea’s exports to Japan went down close to six percent on-year… as the neighbors remain locked in a trade spat.

    Imports slumped five-point-six percent on-year to some 38-point-seven billion dollars.

    However, South Korea’s trade surplus for September was the highest so far this year at five-point-nine billion dollars.

    African swine fever outbreak across South Korea has caused shortfall in pig supply
    Sep 29, 2019 ARIRANG NEWS
    https://www.youtube.com/watch?v=hYRaMQuxUdY

    Pig Ebola Has Cost China Over $140 Billion As Locals Get Angry At Record High Pork Prices
    https://www.zerohedge.com/markets/pig-ebola-has-cost-china-over-140-billion-locals-get-angry-record-high-pork-prices

  10. Youri Carma says:

    Keiser Report: WeWork: Never Forget – Synopsis (E1443) with Cory Klippsten

    https://www.youtube.com/watch?v=afWXHgIokZ8

  11. Youri Carma says:

    It’s YouWork and WeSteal.

  12. Youri Carma says:

    TRADE WARS

    The Risk To The Bullish View Of A Trade Deal
    https://www.zerohedge.com/markets/risk-bullish-view-trade-deal

    Jeffrey Gundlach: How Trump Will Avoid A Recession To Win Reelection
    https://www.zerohedge.com/political/jeffrey-gundlach-how-trump-will-avoid-recession-win-reelection

    I think it all depends now on how Trump’s gonna handle the trade war with China.

    GLOBAL

    “The Darkening Outlook For Trade Is Discouraging:” WTO Sharply Lowers Global Outlook Amid Trade Conflicts
    https://www.zerohedge.com/economics/darkening-outlook-trade-discouraging-wto-sharply-lowers-global-outlook-amid-trade

    Global M&A Plunges To 3-Year Low Amid Recession Threat
    https://www.zerohedge.com/markets/global-ma-plunges-3-year-low-amid-recession-threat

    OIL

    Oil Prices Rebound After Ugly Day On Big Surprise Crude Draw
    https://www.zerohedge.com/energy/oil-prices-rebound-after-ugly-day-big-surprise-crude-draw

  13. Youri Carma says:

    U.S.

    US Manufacturing Weakest Since 2009: “Business Sentiment Stuck At Gloomy Levels”
    https://www.zerohedge.com/economics/us-manufacturing-weakest-2009-business-sentiment-stuck-gloomy-levels

    Crash Alert: 23 California Cities Where Home Prices Are Already Dropping
    https://www.zerohedge.com/personal-finance/crash-alert-23-california-cities-where-home-prices-are-already-dropping

    Home-Flipper Lending Hits 13-Year High: What Can Possibly Go Wrong?
    https://www.zerohedge.com/personal-finance/home-flipper-lending-hits-13-year-high-what-can-possibly-go-wrong

    1,015,736,491,184 Reasons To Have A Plan B
    https://www.zerohedge.com/personal-finance/1015736491184-reasons-have-plan-b

    The U.S. Cities With The Most Homeless People
    https://www.zerohedge.com/health/us-cities-most-homeless-people

  14. Youri Carma says:

    Could Pricey Urban Meccas Become Crime-Ridden Ghost Towns?
    https://www.zerohedge.com/political/could-pricey-urban-meccas-become-crime-ridden-ghost-towns

    Twisted Pair, Part 1: US & UK “Barrelling Towards Great Troubles”
    https://www.zerohedge.com/political/twisted-pair-part-1-us-uk-barrelling-towards-great-troubles

    TYRANNY

    Ron Paul Asks: “Impeachment… Or CIA Coup?”
    https://www.zerohedge.com/political/ron-paul-asks-impeachment-or-cia-coup

    CIA Coup CONFIRMED
    Sep 30, 2019 Steve Pieczenik
    https://www.youtube.com/watch?v=3naToXWe1JU

    Steve Pieczenik worked closely with Tom Clancy, who died exactly 6 years ago on October 1, 2013. The Jack Ryan character is said to be based on Steve. So Steve knows his stuff.

  15. Youri Carma says:

    FED

    NY Fed Starts New Quarter With Unexpectedly High $55BN Repo Operation
    https://www.zerohedge.com/markets/ny-fed-starts-new-quarter-unexpectedly-high-55bn-repo-operation

    As Dollar Reaches Record High, Trump Slams “Clueless, Pathetic” Fed
    https://www.zerohedge.com/political/dollar-reaches-record-high-trump-slams-clueless-pathetic-fed

    DOLLAR

    The US Dollar Beast
    https://www.zerohedge.com/economics/us-dollar-beast

    CRYPTOS

    On Coins And Canals
    https://www.zerohedge.com/crypto/coins-and-canals

  16. Youri Carma says:

    JAPAN

    Japanese Bond Crash, Margin Call Sends Shockwaves Around The Globe
    https://www.zerohedge.com/markets/japanese-bond-crash-margin-call-sends-shockwaves-around-globe

    Japan Hikes National Sales Tax Despite Recession Fears
    https://www.zerohedge.com/economics/japan-hikes-national-sales-tax-despite-recession-fears

    SOUTH KOREA

    South Korea’s consumer inflation dips below zero for the first time in September
    Oct 1, 2019 ARIRANG NEWS
    https://www.youtube.com/watch?v=XHbQtSCyYW0

    EURO ZONE

    Quantifying The UK’s Contribution To The EU
    https://www.zerohedge.com/political/quantifying-uks-contribution-eu

    Pound Rallies On Reports EU Ready To Offer Johnson Major Brexit Concession
    https://www.zerohedge.com/markets/pound-rallies-reports-eu-ready-offer-johnson-major-brexit-concession

  17. Youri Carma says:

    WWIII

    Somali Militants Raid American Military Base Near Mogadishu
    https://www.zerohedge.com/geopolitical/somali-militants-raid-american-military-base-near-mogadishu

    Map Shows “Four Times As Many Jihadist Militants” Around The World Than Before 9/11
    https://www.zerohedge.com/geopolitical/shocking-map-shows-four-times-many-jihadist-militants-around-world-911

    Ahead Of US Nuke Talks, North Korea Fires “Ballistic Missiles” Into Japanese Waters
    https://www.zerohedge.com/geopolitical/ahead-nuke-talks-north-korea-fires-ballistic-missiles-japanese-waters

    Dalio: The Next Logical Steps In A Dangerous Journey To War, The 1935-45 Analog
    https://www.zerohedge.com/geopolitical/dalio-next-logical-steps-dangerous-journey-war-1935-45-analog

    How Military Spending Has Changed Since 2009
    https://www.zerohedge.com/geopolitical/how-military-spending-has-changed-2009

  18. Youri Carma says:

    We’re About To Find Life On Mars But The World Is “Not Prepared”, NASA Scientist Warns
    https://www.zerohedge.com/technology/were-about-find-life-mars-world-not-prepared-nasa-scientist-warns

    Fact is that homo sapiens is a highly adaptable species which you can make believe anything. Good example is how the Aztecs sacrificed children because they believed it would change the weather.

    So it’s baloney to say that homo sapiens is not ready for it or anything. But this argument was also used to withhold information about the alien visits. The Orson Wells’ The War of the Worlds 1938 radio drama is often mentioned as an argument for this but this again goes to show that you can make people believe anything you want, for the positive or the negative.

  19. Youri Carma says:

    By Design. MELTDOWN: A World Wide Worst Case Scenario Is Unfolding
    Oct 1, 2019 Gregory Mannarino
    https://www.youtube.com/watch?v=WRgq6HMKxyw

    Gerald Celente – Greatest Depression Worse than Great Depression
    Oct 1, 2019 Greg Hunter
    https://www.youtube.com/watch?v=iFjQGWdICmc

    Ellen Brown | The Broken Economy & The Public Banking Solution
    Oct 1, 2019 TheHighersideChats
    https://www.youtube.com/watch?v=_mk2gW36px0

    Peter Schiff: The Party Is Over. Don’t Be the Last to Leave
    Oct 1, 2019 Peter Schiff
    https://www.youtube.com/watch?v=dtpbRDkF4H8

    Michael Pento – Fear the Repo Man
    Sep 27, 2019 FSN GoldandSilver
    https://www.youtube.com/watch?v=hN_x_JkWt40

  20. Youri Carma says:

    Sprott Money News Ask The Expert September 2019 – Jim Rickards Part One
    Sep 24, 2019 Sprott Money
    https://www.youtube.com/watch?v=kNbShwuMUCU

    Sprott Money News Ask The Expert September 2019 – Jim Rickards Part Two
    Oct 1, 2019 Sprott Money
    https://www.youtube.com/watch?v=Nc5SeR9gUPA

    Marc Faber on Funding Chaos in The Repo Market
    Oct 1, 2019 The Atlantis Report
    https://www.youtube.com/watch?v=RfOFFL9k-xs

    Jim Rogers Discusses Global Risks and Investment Opportunities
    Sep 30, 2019 Real Vision Finance
    https://www.youtube.com/watch?v=zPb64kYIr18

    Ethereum & XRP Setting Up For A Major Rally | History Is Repeating Itself
    Oct 2, 2019 DataDash
    https://www.youtube.com/watch?v=oBvzHuFtkCE

  21. Mizun Chang says:

    China and Russia Central Banks continue buying GOLD into 4Q of yr
    US FED Reserve buys toxic Collaterial Loan Obligation for Repo Purchase 500Billion emergency liquidity injection to banks.

    https://www.marketwatch.com/story/why-russian-and-chinese-central-banks-will-keep-buying-gold-2019-09-13

  22. ronron says:

    herro Mizun. @Youri. 30c here on Monday. Calgary got heavy snow. cool and wet now.

  23. Youri Carma says:

    @ronron

    Yep,

    Historic September Snowfalls N. Hemisphere as Earth’s Magnetosphere Shifts
    Sep 30, 2019 Adapt 2030
    https://www.youtube.com/watch?v=nByFza5YUwE

    Round 57 at my end with some occasional showers so nothing serious. Excellent cycling weather between them.

    Big party in Leiden because they were freed from Spanish occupation in 1574.

  24. Youri Carma says:

    TRADE WARS

    US To Slap Tariffs On European Airplanes, Cheese, Wine, Scotch And Coffee
    https://www.zerohedge.com/economics/us-impose-tariffs-75-billion-eu-imports-starting-oct-18

    WTO Sides With US, Says Trump Can Retaliate For Billions In Illegal Airbus Subsidies
    https://www.zerohedge.com/markets/wto-sides-us-says-us-can-retaliate-billions-illegal-airbus-subsidies

    I just love it qu qu qu!
    https://www.youtube.com/watch?v=-f3CFzahrRs

    OIL

    WTI Tumbles After Bigger Than Expected Crude Build
    https://www.zerohedge.com/energy/wti-tumbles-after-bigger-expected-crude-build

    ???

    Zero Hedge 2019-10-01: Oil Prices Rebound After Ugly Day On Big Surprise Crude Draw

    Oil Pirates: The Gulf Of Mexico’s Billion Dollar Problem
    https://www.zerohedge.com/energy/oil-pirates-gulf-mexicos-billion-dollar-problem

  25. Youri Carma says:

    U.S.

    ADP Employment Disappoints, Suffers Drastic Downward Revisions
    https://www.zerohedge.com/economics/adp-employment-disappoints-suffers-drastic-downward-revisions

    GDP Estimates Have Tumbled Since Dismal ISM Report
    https://www.zerohedge.com/markets/gdp-estimates-have-tumbled-dismal-ism-report

    Manhattan Home Prices Down 8% In Q3 – Largest Slump Since 2011
    https://www.zerohedge.com/markets/manhattan-home-prices-down-8-q3-largest-slump-2011

    New York Business Conditions Collapse
    https://www.zerohedge.com/economics/new-york-business-conditions-collapse

    TYRANNY

    Krieger: The Tech Giants Are A Conduit For Fascism
    https://www.zerohedge.com/technology/krieger-tech-giants-are-conduit-fascism

  26. Youri Carma says:

    FED

    Here Is The Megabank Behind September’s Repo Shock
    https://www.zerohedge.com/markets/here-megabank-behind-septembers-repo-shock

    Fed Takes $42BN In Second October Repo As Funding Pressures Ease
    https://www.zerohedge.com/markets/fed-takes-42bn-second-october-repo-funding-pressures-ease

    “It’s A Wacky Race To The Bottom… And The US Is Losing Badly”
    https://www.zerohedge.com/markets/its-wacky-race-bottom-races-bottom-and-us-losing-badly

    James Bullard… Fed Chair?
    https://www.zerohedge.com/political/james-bullard-fed-chair

    CRYPTOS

    Stablecoins Backed By Precious Metals – How Do They Work?
    https://www.zerohedge.com/crypto/stablecoins-backed-precious-metals-how-do-they-work

  27. Youri Carma says:

    EURO ZONE

    Dutch Farmers In Mass Revolt Against Green Fascism
    https://www.zerohedge.com/political/dutch-farmers-mass-revolt-against-green-fascism

    Poland: Zero Emissions Is A Trillion-Dollar Fantasy
    https://www.zerohedge.com/energy/poland-zero-emissions-trillion-dollar-fantasy

    Norway Unexpectedly Pulls $400 Million From Sovereign Wealth Fund
    https://www.zerohedge.com/markets/norway-unexpectedly-pulls-400-million-sovereign-wealth-fund

    Johnson Releases New Brexit Proposal, Delivers ‘Ultimatum’ To Europe
    https://www.zerohedge.com/geopolitical/johnson-releases-new-brexit-proposal-delivers-ultimatum-europe

    Johnson Issues “Ultimatum” To EU As Ireland Balks At New Brexit ‘Backstop’ Plan
    https://www.zerohedge.com/markets/johnson-issues-ultimatum-eu-ireland-balks-new-brexit-backstop-plan

  28. Youri Carma says:

    WWIII

    Protests Rage As Ukraine’s Zelensky Allows Election In Separatist-Controlled East
    https://www.zerohedge.com/geopolitical/protests-rage-ukraines-zelensky-agrees-election-separatist-controlled-east

    At Least 7 Dead, Embassies Sealed Off As Iraq Protests Rage; Police Open Fire On Crowds
    https://www.zerohedge.com/geopolitical/least-7-dead-embassies-sealed-iraq-protests-rage-police-use-live-fire

    Lira Slides As Erdogan Vows Syria Invasion & ‘Safe Zone’ To Come “Suddenly”
    https://www.zerohedge.com/geopolitical/lira-slides-erdogan-vows-syria-invasion-safe-zone-come-suddenly

    Guns-For-Hire: No, The Government Shouldn’t Be Using The Military To Police The Globe
    https://www.zerohedge.com/geopolitical/guns-hire-no-government-shouldnt-be-using-military-police-globe

    The FBI Is Running Facebook Ads To Target And Recruit Russian Spies In Washington D.C.
    https://www.zerohedge.com/political/fbi-running-facebook-ads-target-and-recruit-russian-spies-washington-dc

  29. Mizun Chang says:

    Hi ronron

    Canada is the best

    https://www.youtube.com/watch?v=fNgHZ7IIGv4

  30. Mizun Chang says:

    Germany rejects China overture for a Multi-Lateral World Order. Rejects offer of prime strategic alliance with China
    Germany alignes itself with USA led centric world
    Germany has increasing xenophobia against China as stated by Pew Survey

    https://digitalarchive.wilsoncenter.org/collection/157/china-europe-relations/8

  31. Youri Carma says:

    WWIII

    Iran Says It Thwarted Sophisticated ‘Israel-Arab’ Plot To Blow Up Elite Guards Commander
    https://www.zerohedge.com/geopolitical/iran-says-it-thwarted-sophisticated-israel-arab-plot-blow-top-guards-commander

    Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack
    https://www.zerohedge.com/energy/saudi-elites-question-mbs-ability-lead-worlds-largest-oil-exporter-after-aramco-attack

    International Criminal Court To Mull MbS Probe For “Crimes Against Humanity”
    https://www.zerohedge.com/geopolitical/international-court-petitioned-investigate-mbs-crimes-against-humanity

    TYRANNY

    Twitter Removes Viral Biden Meme Posted By Trump
    https://www.zerohedge.com/political/twitter-removes-viral-biden-meme-posted-trump

    “This Is A Major Risk”: France Rolls Out New Facial Recognition Technology
    https://www.zerohedge.com/political/major-risk-france-rolls-out-new-facial-recognition-technology

  32. Youri Carma says:

    U.S.

    ISM Services Catches Manufacturing’s Cold – Tumbles To Weakest Since 2016
    https://www.zerohedge.com/economics/ism-services-catches-manufacturings-cold-tumbles-weakest-2016

    “The Collapse Is Here”: Initial U.S. Auto Sales For September Paints An Ugly Picture
    https://www.zerohedge.com/personal-finance/collapse-here-initial-us-auto-sales-september-paints-ugly-picture

    Auto Loans Stretch To Eight Years To Accommodate Irresponsible Car Buyers
    https://www.zerohedge.com/personal-finance/auto-loans-stretch-eight-years-accommodate-irresponsible-car-buyers

    Corporate Buybacks Accelerate To Strongest Weekly Level In History
    https://www.zerohedge.com/markets/corporate-buybacks-accelerate-strongest-weekly-level-history

    Twisted Pair, Part 2: US & UK “Barrelling Towards Great Troubles”
    https://www.zerohedge.com/geopolitical/twisted-pair-part-2-us-uk-barrelling-towards-great-troubles

  33. Youri Carma says:

    OIL

    Oil Discoveries Hit 70-Year Low
    https://www.zerohedge.com/energy/oil-discoveries-hit-70-year-low

    DIAMONDS

    Global Diamond Glut Crashes De Beers’ September Sales
    https://www.zerohedge.com/markets/global-diamond-glut-crashes-de-beers-september-sales

    CRYPTOS

    “Hong Kong Is A Disaster” – Retail Sales Routed As Bitcoin Volumes Hit Record High
    https://www.zerohedge.com/personal-finance/hong-kong-disaster-luxury-stocks-slump-retail-sales-suffer-record-collapse

    EURO ZONE

    Enthusiasm For Johnson’s Brexit Plan Cools As PM Faces Off With Parliament
    https://www.zerohedge.com/geopolitical/enthusiasm-johnsons-brexit-plan-cools-pm-faces-parliament

  34. Youri Carma says:

    QE By Any Other Name
    https://www.zerohedge.com/markets/qe-any-other-name

    – Their recommendation is for the Fed to increase the level of reserves by $250 billion over the next two quarters.

    – Furthermore, they argue for continued expansion of the Fed balance sheet as needed thereafter.

    From January of 2003 to December of 2007, the Fed’s balance sheet steadily increased by $150 billion, or about $30 billion a year. The new proposal from Sack and Gagnon calls for a $250 billion increase over six months. QE1 lasted six months and increased the Fed’s balance sheet by $265 billion. Maybe its us, but the new proposal appears to be a mirror image of QE.

  35. Youri Carma says:

    We Finally Understand How Destructive Negative Interest Rates Actually Are
    https://www.zerohedge.com/markets/we-finally-understand-how-destructive-negative-interest-rates-actually-are

    – Negative interest rates squeeze profit margins of banks and as profitability falls, lending activities suffers

    Central banks control short-term interest rates in an economy by setting the rate banks receive on their deposits, that is, on the reserves they hold at the central bank. A new development is the control central banks now exert over long-term rates through their asset purchase, or “QE” programs.

    Banks profit from the interest rate differential between “lending long” but “borrowing short”. Essentially, the difference between lending and deposit rates determine a bank’s profitability. However, with today’s very low interest rates, this difference becomes almost non-existent, and with negative rates, inverts completely.

    When a central bank pushes rates to negative, banks need to pay interest on the reserves they hold. If banks are required to pay interest on loans and receive interest on deposits the whole earnings logic of banking goes haywire.

    – Negative interest rates create zombie corporations

    Negative interest rates foster the phenomenon of zombie corporations in two ways. First, credit is extremely cheap and in some cases you are even paid to take it (if banks acquiesce to the negative interest rates set by the central bank). Second, because negative interest rates weaken banks by destroying operating margins, they will try to avoid capital losses by extending credit to ailing or even insolvent borrowers.

    – Negative interest rates kill the incentives to invest in productivity

    Moreover, negative interest rates kill the incentives to invest in productivity-enhancing technologies by supporting industry leaders, which usually pay lower premiums for loans. As very low or negative rates naturally favour dominant firms, competition is strangled, leading to a fall in overall investment. As a result, productivity growth starts to stall leading to stagnation in the overall economy. This crucial but perverse mechanism has yet to be broadly understood.

    – Negative interest rates also corrupts the role of time-preference

    The backward economic logic of negative interest rates also corrupts the role of time-preference. Normally, time depreciates physical products and introduces risk to financial transactions. When you have money and lend it to someone, you tend to demand a premium which represents compensation for the fact that you have to postpone your own current consumption and the very real risk of not getting your money back should the borrower become insolvent. This discounting is at the heart of every economic transaction. Why would anyone want to lend if they need to pay the borrower?

    This is the absurdity already observed in global bond markets, but it is likely to be much more damaging in the economic interactions of everyday life. This is because negative interest rates fly in the face of both economic logic and our innate human sense of rightness. If we must pay to deposit money and to lend, but receive money if we borrow, our economic thinking corrupts.

    So, What negative rates do is seriously impair the profitability of the banking sector, foster the creation of “undead” companies, kill productivity growth and deform financial relationships.

  36. Youri Carma says:

    I slice trough them pieces like a knife trough butter and lo and behold right on topic 🙂

    [KR1442] Keiser Report: Time No Longer Has a Price

  37. Youri Carma says:

    Re: We Finally Understand How Destructive Negative Interest Rates Actually Are

    I like to add that negative interest rates take away the ground principle of capitalism namely capital formation.

    Without capital formation trough positive rates insurance companies and pension funds have to invest in much riskier assets which are bound to blow up.

  38. Youri Carma says:

    1. – Negative interest rates squeeze profit margins of banks and as profitability falls, lending activities suffers

    2. – Negative interest rates create zombie corporations

    3. – Negative interest rates kill the incentives to invest in productivity

    4. – Negative interest rates also corrupts the role of time-preference

    So, What negative rates do is seriously impair the profitability of the banking sector, foster the creation of “undead” companies, kill productivity growth and deform financial relationships.

    I like to add;

    5- Negative interest rates take away the ground principle of capitalism namely capital formation

    Without capital formation trough positive rates insurance companies and pension funds have to invest in much riskier assets which are bound to blow up.

  39. Youri Carma says:

    Keiser Report: Make Recessions Great Again (E1444) with Mark Yusko

    https://www.youtube.com/watch?v=mK7Ogn7gMXg

  40. Youri Carma says:

    US Economy IS MELTING DOWN.. STOCK MARKET WILL FOLLOW
    Oct 3, 2019 Gregory Mannarino
    https://www.youtube.com/watch?v=4wYecNF1aEY

    Alasdair Macleod-The Dollar More At Risk then Yuan
    Oct 2, 2019 Jay Taylor Media
    https://www.youtube.com/watch?v=PUOytLzag0M

    NEWS AND VIEWS FROM THE NEFARIUM OCT 3 2019
    Oct 3, 2019 Giza Death Star Community
    https://www.youtube.com/watch?v=kP8h-duBrpo

    Piers Corbyn Weather Action Masterclass Part 1
    Oct 3, 2019 Miles Johnston
    https://www.youtube.com/watch?v=U_GWmDqajjQ

    Piers Corbyn Weather Action Masterclass Part 2
    Oct 3, 2019 Miles Johnston
    https://www.youtube.com/watch?v=lmg2vDAXdNo

  41. Youri Carma says:

    U.S.

    September Payrolls Miss: 136K Jobs Added As Wage Growth Crashes
    https://www.zerohedge.com/markets/september-payrolls-miss-136k-jobs-added-wage-growth-crashes

    Where The September Jobs Were: Who Is Hiring And Who Isn’t… And The Retail Apocalypse
    https://www.zerohedge.com/markets/where-september-jobs-were-who-hiring-and-who-isnt-and-retail-apocalypse

    Lolla-payrolls-alooza
    https://www.zerohedge.com/markets/lolla-payrolls-alooza

    Hard Data Gets Put To The Test
    https://www.zerohedge.com/economics/hard-data-gets-put-test

    This Is The Most Important Chart Ahead Of The NFP Report
    https://www.zerohedge.com/economics/most-important-chart-ahead-nfp-report

  42. Youri Carma says:

    GLOBAL

    Worldwide Semiconductor Sales Continue To Plunge
    https://www.zerohedge.com/technology/new-report-warns-worldwide-semiconductor-sales-continue-plunge

    DOLLAR

    Will The Drive To Devalue The Dollar Lead To A Plaza Accord 2.0?
    https://www.zerohedge.com/geopolitical/will-drive-devalue-dollar-lead-plaza-accord-20

    Russia’s Largest Oil Company Ditches Dollar In New Oil Deals
    https://www.zerohedge.com/energy/russias-largest-oil-company-ditches-dollar-new-oil-deals

    CANADA

    Canada Catches America’s Cold – PMI Plunges To 4 Year Lows
    https://www.zerohedge.com/economics/canada-catches-americas-cold-pmi-plunges-4-year-lows

    EURO ZONE

    Brexit Irony: EU Rejects Its Own Proposal
    https://www.zerohedge.com/geopolitical/brexit-irony-eu-rejects-its-own-proposal

  43. Youri Carma says:

    TRADE WARS

    NYSE Head Warns: Delisting Chinese Firms Would Drive Business Elsewhere
    https://www.zerohedge.com/markets/nyse-head-warns-delisting-chinese-firms-would-drive-business-elsewhere

    U.S. – Encore

    September Class 8 Heavy Duty Truck Orders Collapse 71%
    https://www.zerohedge.com/personal-finance/september-class-8-heavy-duty-truck-orders-collapse-71

    FED

    NY Fed Announces Extension Of Overnight Repos Until Nov 4, Will Offer 8 More Term Repos
    https://www.zerohedge.com/markets/ny-fed-announces-extension-overnight-repos-until-nov-4-will-offer-8-more-term-repos

    Powell Says “Economy Faces Some Risks” But Is “In A Good Place”; Spoke To Dimon, Moynihan
    https://www.zerohedge.com/economics/powell-says-economy-faces-some-risks-good-place-spoke-dimon-moynihan

    Goldman Cuts Rates On Its Savings Account For Third Time, With Fed Sure To Follow
    https://www.zerohedge.com/markets/goldman-cuts-rates-its-savings-account-third-time-fed-sure-follow