Investors Suddenly Denied Access to Their Own Funds… The day after Slava was sent to the funny farm, his wife marched into our skyscraper office in downtown Moscow – and pulled an Al Haig. Al Haig was Secretary of State when U.S. President Ronald Reagan was felled by an assassin’s bullet on March 30, 1981.
Cheap money is grounding flights all over America – and that’s just the beginning. Next Wednesday will be one of the busiest travel days of the year here in America. And if you’re flying somewhere, you’re likely a victim of cheap money. That is… you’re suffering long delays… overworked staff… decrepit planes… and a customer
Homebuilders have reported fewer new construction starts every month since March. That’s the longest stretch of declines since the housing crisis of 2007. And homebuyers have even begun walking away from their deposits – cancellations are above 15% for the second consecutive month. You’re receiving Something You Don’t Know as part of your complimentary subscription
The price of U.S. Treasury bonds is collapsing. Since the end of July, the 10-year Treasury rate has risen sharply, from a yield of 2.65% to over 4.3% now. There haven’t been bigger losses in the U.S. Treasury bond market, EVER. THE BIGGEST BUBBLE IN HISTORY DEFLATES YOUR STANDARD OF LIVING IS GOING TO FALL
How to earn 243% on a Bitcoin bond. A global “Minsky Moment”. The bond bull dies. Why wealth is shifting to real assets.