1…………> Treasury Funding: High Rates
In a whiff of “Janet Yellen good ‘ol days” melancholia, as the Fed’s balance sheet is unwinding to the tune of 600 billion dollars per quarter, and the Treasury needs are rising, bumping interest rates higher, market pundits and financial “talking heads” are observing the obvious fact that every point tick in rates raises US National debt service by 220 billion dollars per year. Sounds familiar? Anyone who had taken time from their busy schedule to read the daily market bulletin at bibi1581.com must have observed the fact that we have been talking about this for over two years already.
Mr. Mnuchin’s Treasury Department estimating that it will borrow $955 billion in FY 2018, $1.083T in FY 2019 and $1.128T in FY 2020, another thing that has been on our “crosshairs” for a long time.
Now let’s ask the important question: Where will Trump, Mnuchin & Co get the cash to make “America Great Again”?
The usual suspects, like OPEC, US Fed, China, US savers and alike won’t do, since they overextended themselves during the “Obama Game With Mirrors” economics of printing money without a bound.
What then? Everyone who fell in Yellen’s zero rates trap will have to refinance at higher rates, leading to bankruptcies and almost surely a recession after the 2018 election.
2…………> Moscow Spies: US Disgrace
Special Prosecutor Robert Mueller’s indictments led to an outburst of victorious tweets by President Trump:
Donald J. Trump
If it was the GOAL of Russia to create discord, disruption and chaos within the U.S. then, with all of the Committee Hearings, Investigations and Party hatred, they have succeeded beyond their wildest dreams. They are laughing their asses off in Moscow. Get smart America!
5:11 AM – Feb 18, 2018
92.8K/73.7K people are talking about this.
Donald J. Trump
Finally, Liddle’ Adam Schiff, the leakin’ monster of no control, is now blaming the Obama Administration for Russian meddling in the 2016 Election. He is finally right about something. Obama was President, knew of the threat, and did nothing. Thank you Adam!
4:22 AM – Feb 18, 2018
87.2K47.7K people are talking about this.
In other words, Mr Trump is accusing our beloved 1st Muslim President, Grand Ayatollah Barack Obama Barack Obama of failing to stop Russian election interference, decries claims by Fake News “La Resistance” that the Russia probe and the school shooting shouldn’t be linked, when in fact they are, since FBI was “witch hunting” a collusion narrative, instead of paying attention to a tip that a disturbed young man was ready to unleash a National tragedy.
Do you recall when Obama’s favored girl Janet Napolitano was the DHS Chief, ordering Federal Agencies to buy a train load of “handcuffs” to lock up the “Tea Party” hillbillies, completely ignoring the fact that two Chechen idiot brothers were cooking bombs in Cambridge, Massachusetts, leading to an attack that killed 3 and maimed 220 others. You get the drift, don’t you?
3…………> Temple fairs held across China
An actor performs a stunt standing on knife in Danzhai County, southwest China’s Guizhou Province, Feb. 18, 2018. A variety of temple fairs were held across the country during the Spring Festival holiday.
4………….> Japan Gold Hoarding: Emperor Coins
“According to Japanese tradition, the Japanese government will issue gold coins to celebrate the new emperor ascending the throne in 2019. Japan will also issue gold coins to celebrate the 2020 Olympic Games in Tokyo, and the market expects the Japanese government to start purchasing physical gold in the second half of this year to meet this demand. This will boost the gold price. Asian currencies and the euro are very strong while the US dollar remains weak. Many economic policies of US President Donald Trump are good for business, but they hurt US dollar strength as the market believes the US wants to see a weak US dollar to boost its exports,” said Jasper Lo Cho-yan, a senior vice-president at iBest, a subsidiary of Haitong International Securities.
On April 30, 2019, Japan’s Emperor Akihito — the 125th Japanese emperor, in power from January 7, 1989 — will abdicate. His son, Crown Prince Naruhito, will take over the throne the next day, according to government statements.
Lo predicts that the price of gold will surge to $1,450 per ounce by the end of this year and may even rise to $1,550 in 2019.
5………….> Back In News: “Uncle” George Soros
Billionaire trader and philanthropist “Uncle” George Soros, well known for his open meddling in the domestic affairs of countries around the world, starting with Russia, Israel, China, Philippines and many others, complained that the Internet companies’ products were making people easier to manipulate, and noted that this “played an important role in the 2016 US presidential election,”: i.e. the presidential loss of niece dearest Hillary “I have no recollection of my email server” Clinton.
Insisting that Google and Facebook “have neither the will nor the inclination to protect society against the consequences of their actions,” and have been involved in “nefarious” activities, with their content, for which they bear no responsibility, “interfer[ing] with the functioning of democracy and the integrity of elections,” Soros demanded that regulatory authorities “protect society against them,” starting in EU, where he said authorities would have a better shot at doing so than in the US.
Who do you think is a greater threat to the citizens of EU and US, “Uncle George” or “Cousin Google”?
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