Within the greatest healthy, strong, and robust economy on earth the Federal Reserve at the year end here has decided to inject the American economy with half a trillion dollars, even more interesting nobody in the mainstream news is talking about it where instead everybody is pretending like nothing is happening at all. I’m sure it’s nothing to be concerned about, everything is awesome!
Say it with me everybody, “America is invincible, indispensable, and exceptional, there’s no risk of total economic collapse here!”
Meanwhile it looks like China has suspended all trade negotiations with the United States which makes sense as the United States economic Achilles heel has been revealed for all to see. The Chinese are taking full advantage of this unprecedented situation which is to be expected, economic warfare is making a huge comeback. This all looks like one giant economic clusterfuck that is ready to explode any week now.
It’s 12:26 a.m. over here as I make this post. Today is Repocalypse Monday where we see if 500 billion dollars interjected by the Federal Reserve via the REPO markets along with another half trillion dollars next month is enough to stop a run on American banks and giant hedge funds. All eyes are going to be on the United States domestic markets, Jerome Powell, and the Federal Reserve today. Can they stop the credit markets from freezing up today postponing an economic crisis until the spring of 2020, or is the month of Christmas 2019 when they finally lose all control? We will know by 3:00pm eastern standard time today.
Looks like I’m going to be pulling an over-nighter in much anticipation of any possible huge market drops today.
Will this become the best Christmas present ever for Zero_Sum? I sure fucking hope so, it would be the best Christmas present of them all in the 32 years of my miserable fucking life. Santa if you’re watching this post of mine, make it so.
Current rumors or speculations I’m following: Rumor has it that Citi Bank, J.P. Morgan Chase, and Deutsche Bank are dangerously financially over leveraged at the moment. The slightest volatility or liquidity crisis could destroy all three causing a systematic cascading effect that would go into all sectors of the market. Will the rumors be true? Only one way to find out.
“Daydreams of banks everywhere closing early this year and ATM machines as far as the eye can see malfunctioning or not working at all.” [-o<