Posts Tagged ‘America Bankrupt’
Watchman: A Tale of Unforeseen Transformation Unfolds as the Mighty Nation Faces a Profound Change
HNewsWire: FBI Director Wray Denounces Threats After Raid on Trump’s Home: ‘Deplorable and Dangerous’ SRH: Our Country Will Be in Civil War by This Time Next Year, Evil Unelected Bureaucrats Have Gained Control, Tribulation Warp Speed! HNewsWire: The White House has declared war on its own citizens, and America has never been closer to being a police state. The White House has declared war on its own people, and America has never been closer to being a Demonic police state. Also known as Tribulation America is on a downward spiral. Next, Civil War! From the extraordinary raid on Mar-a-Lago to the seizure of a congressman’s phone, our doddering commander-in-chief appears to be a man who has the foresight or stamina to serve out his term. America is clearly on the verge of another political disaster. We are less than 100…
Read MoreWatchman: The United States, Along with Virtually Every “Developed” Country, Are Effectively Bankrupt
Watchman Warning: The Beginning of a Crash? Massive increase in filings from large companies compared to 2010 levels… The US has transitioned from more than a decade of quantitative easing to more recent quantitative tightening. QT will remain until the Federal Reserve is finished squashing inflation. However, such a massive paradigm shift in markets might result in a period of deleveraging among highly levered firms that were able to flourish during the QE era. New Bloomberg data shows large companies (at least $50 million of liabilities) filing for bankruptcy topped 20 this month, the highest in any other January dating back to 2010. Back then, 25 filings were seen as the economy was still reeling from the aftermath of the GFC. There is no doubt after more than a decade of the Fed unleashing trillions of dollars of credit into…
Read More“Biblical” Wave Of Bankruptcies Is About To Flood The US
Bankers Know The Collapse Of Society Is Coming,The Sin Of Greed… One of the silver linings of the coronacrisis to date is that despite the unprecedented collapse in the broader economy and the 30 or so million unemployed, the pace of bankruptcy filings has been relatively steady compared to the pre-covid levels, as the following Goldman chart shows. Unfortunately the relative calm is not meant to last, because as we observed last month, Moody’s recently expanded its “B3 Negative and lower list” which soared to its highest tally ever — 311 companies. That tops a former peak of 291 companies, reached during the credit crisis of 2009 and the commodity-related downturn in April 2016. At 20.7% of the total rated spec-grade population, the list also shot up above its long-term average of 14.8%, and closing in on its all-time high of 26.1%. This…
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