Remittances to Mexico is a $36-billion-a-year business.
Bailing out its crybaby-cronies on Wall Street, even when there isn’t a crisis.
Another “run on the fund.” More investors can’t get their money out but contemplate big losses.
Including billionaires who thought they’d picked the bottom in 2016.
Despite my assurances that “Nothing Goes to Heck in a Straight Line,” a Chinese stock just did.
The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
Tender Offer Didn’t Happen. Bonds Plunge to Record Low. This comes after WeWork reported a $1.25 billion loss in Q3. Second thoughts about throwing so many good billions after bad?
After a “run on the fund,” triggered when people figured out it was loaded up with crappy illiquid assets.
It is ironic the Fed puts out this data, as if to show off its success, and how every time the wealth of the 1% is threatened, the Fed comes up with new bailouts, rate cuts, and other shenanigans.
The fastest increase in assets for any two-month period since the post-Lehman freak show in late 2008 and early 2009.