Skies are this is the kaiser report so much so many. Yes. You know i notice that its basically crash season upon us and you could tell that because how dark it is outside all the time in the morning late into the morning that it stays dark and everything on the surface seems a ok but under the surface theres some sort of turmoil brewing in the Financial Markets in oh weve been looking at this repo situation and you know something apparently like at least one bank survives going under in the past week or 2 according to nick. But heres an interesting interpretation as well from Rick Ackerman at Rick Ackerman dot com hes a former market maker and a financial journalist and he says repo rumpus foreshadows a short squeeze on the dollar the feds so far 128000000000 dollar intervention in the repo market slipped off the wall street journals front page thursday evening hardly a concern dont be surprised if years from now the squeeze on short term borrowers that cause this flurry of excitement
As a report so much so many things that. Yes you know i notice that its basically crash season upon us and you could tell that because how dark it is outside all the time in the morning late into the morning that it stays dark and everything on the surface seems a ok but under the surface theres some sort of turmoil brewing in the Financial Markets in oh weve been looking at this repo situation and you know something apparently like at least one bank survived going under in the past week or 2 according to nick. But heres an interesting interpretation as well from Rick Ackerman at Rick Ackerman dot com hes a former market maker and financial journalist and he says repo rumpus foreshadows a short squeeze on the dollar the feds so far 128000000000 dollar intervention in the repo market slipped off the wall street journals front page thursday evening hardly a concern dont be surprised if years from now the squeeze on short term borrowers that cause this flurry of excitement is recall as an
A short squeeze on the dollar in this way but you know rick is probably correct and you know the its just a corpse basically and they they cant keep it animated weve had so much money printing we have negative rates we have all these things to keep the system alive and most people feel like really great about the economy jobs are booming wages are rising house prices are booming everything is ok we also felt like that in 20062007 when we were reporting in the Financial News at that time we did you know i remember you going on france 24 when in january of 2007 there was a flash crash in the chinese stock markets it went down Something Like 1520 percent in one day and everybody around the world including wall street they were all like what is going on so they were like crazy movements leading up to the financial crash of 2008 and. This is before they begin to paper over really violence will he and aggressively but so here were looking at. Similar movements this could be something or it c
Fed started in 2009 after tim geithner left until 2016 and before that he was with Goldman Sachs for about 2025 years the fed shouldnt enable donald trump you know trump isnt a trade war and thats why bill dudley responded to this is like this trade war with china is crazy we shouldnt cut rates in fact we should raise rates if anything hes almost suggesting anything to get rid of trump like we should overthrow the guy well trumps new trade war tool might just be antique china debt collectors of pre communist debt are lobbying the white house to force beijing to pay up president Donald Trumps next move in an increasingly fraught trade war with china could be one for the history books literally the trumpet ministration has been studying the unlikely prospect of reviving centuries old claims and chinese bonds sold before the founding of the communist peoples republic this was a 1911 and it was used to fund the construction of a rail line between hunk who won and once the communist revolut
Kaiser report up next. I have max kaiser this is the kaiser report the share that goes where no other shout dares go brings back the basic call rises it turns it into a drink. Stacey you know thats quite relevant for this episode of the show because were going to get into the fact that 3 j. P. Morgan bankers were arrested while we were over in europe they were arrested and charged under rico that is normally used to take down the mafia we told the world almost 10 years ago that this was the case about j. P. Morgan and their Precious Metals manipulation as finally proven true but 1st i just want to note also that this past week just at the end of the last week we saw the fed stepping in to rescue the market 75000000000 dollars a day in free money handed to a Certain Group of people i. E. The same sort of bankers who cant manage their own business and they need to constantly be rescued unlike every other industry and most of the world heres the headline u. S. Money Market Experience bank