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Economic Collapse : A Crack In The Debt Market Bubble HAS NOW OCCURRED.

 http://www.youtube.com/watch?v=3V83J5wZBYU

 https://steemit.com/gold/@marketreport/must-watch-today-a-crack-in-the-debt-bubble-has-now-occurred-by-gregory-mannarino

The 10yr bond yield drops again, and IMO will continue to collapse along with the rest of the yield curve... Understand, the action we are seeing in the debt market/yield curve WOULD NEVER EVER occur in a BOOMING economy.. not even in a mediocre economy.. This action IS ONLY SEEN in a collapsing economy.

THIS is a big deal.. even short term debt is getting hard to "sell." DO NOT, AND I REPEAT DO NOT IGNORE THIS.. Because weak demand precedes SELLING.. and an EPIC debt market sell off is coming... a debt market sell off will cause a stock market drop on an EPIC scale.. GM
 link to steemit.com

Weak Demand For Short Term Debt.. A Crack In The Debt Market Bubble. By Gregory Mannarino

marketreport (72)in #gold 7 hours ago

THIS is a big deal.. even short term debt is getting hard to "sell." DO NOT, AND I REPEAT DO NOT IGNORE THIS.. Because weak demand precedes SELLING.. and an EPIC debt market sell off is coming... a debt market sell off will cause a stock market drop on an EPIC scale.. GM



 link to steemit.com

The US Economy Is Collapsing.. And Here Is The Proof. By Gregory Mannarino

marketreport (72)in #crash 9 hours ago

The 10yr yield drops again, and IMO will continue to collapse along with the rest of the yield curve... Understand, the action we are seeing in the debt market/yield curve WOULD NEVER EVER occur in a BOOMING economy.. not even in a mediocre economy.. This action IS ONLY SEEN in a collapsing economy. GM

homepage: homepage: http://steemit.com/@marketreport


It's All Over Baby Blue 25.Feb.2020 22:58

blues

But it was fun... for awhile.

Except 27.Feb.2020 07:41

Mike Novack

What we are seeing now is a different phenomenon. The markets are predicting a major economic downturn from a corona virus pandemic. That's very different from the collapse of a bubble. In fact, might very well prevent bubble collapse by deflating the bubble before it bursts.

RE: " markets predicting economic downturn from a corona virus pandemic "--> 27.Feb.2020 13:16

_

fell for the corporate mass media propaganda didn't you Mike?



Please verify that,
" markets are predicting a major economic downturn from a corona virus pandemic "


1. Where is the "pandemic" ( corona virus or otherwise ) ?
There are rigorous epidemiological definition criteria for a "pandemic" and as of now, even WHO acknowledges that this is just a series of local epidemics :
 https://www.telegraph.co.uk/global-health/science-and-disease/pandemic-meaning-coronavirus/


2. Evidence that the corona virus hysteria, is actually impacting global economics?
Show us some bottom line numbers to support that vague assertion.
*--> No, an MSNBC story with "Virus" and "Market" in the same headline doesn't count.

Further how do "markets predict" <--- and what TF does that even mean?
Markets do not "predict" ( though _interpreters_ of stock market activity may, on their own recognizance, _speculate_ about what such activity may or may not indicate for future economic status... ) on their own as an entity.
Markets do not have minds of their own, and are not sentient beings.



Your post, in other words Mike Novack (as per most of the times) is total and utter Bullshit.

Novack btw as I've previously observed may ?? in fact be a disinformationalist troll, as he seemingly randomly makes appearances here only on specific targeted topics... and frequently with divisive and arbitrary input.
As here, with the "virus" and "stock market" conflation being propogated apace by corporate mass media.

Crude oil at $47.41 per barrel 27.Feb.2020 13:37

_

^ This, combined with the bond market yield curve deflation (which has been *years* in the making and especially since the August-September 2019 (<--began then, continuing to right now with no end in sight) Federal Reserve direct injections of hundreds of billions of dollars into the WS banks' overnight repo accounts.

Debt market is by far and away the largest magnitude, is the biggest part of the U.S. and global economy.

Corona virus hysteria may ?? perhaps have been a catalyst for these drops; but it was only a house of cards that was long overdue for total deflation and collapse.

Crude oil falling, combined with bond market yield curve suppression by Federal Reserve-issued repo market prop ups.
and further, the U.S. economy is underpinned solely by debt-based fiat currency and debt issuance.

if the economy is 'booming', then why is the Fed having to prop up the WS banks each week with tens of billion $$$ to keep them liquid and national transactions from locking up ( Yes a credit freeze would happen instantly if the Fed doesn't continue to do what it's been doing since August 2019 ).  http://portland.indymedia.org/en/2019/10/437842.shtml


President Trump has openly advocated for negative interest rates.
 http://portland.indymedia.org/en/2020/02/438222.shtml#465840

Trump of course is only part of a long line of chief executives (beginning largely with Reagan) who have inflated the debt, deficits, and strengthened Wall Street's ability to play casino games in capital markets with impunity. Impunity for all except of course the mass population who is saddled with bank-issued debt, debt-based fiat currency, and national debt which can never be paid back.

Borrowing more, and more, and more is the only way that the debt market (<---and by extension all other parts of the economy and capital markets) can be sustained.

Debt based economic model is not sustainable.

Bond market cratering, but "ignore the bond market" 27.Feb.2020 14:24

_

Debt based economic model is *not sustainable*.

the debt market yield curve has been DELIBERATELY SUPPRESSED particularly since September 2019 by the Federal Reserve's buying up of the bond market along with the Fed's billion $$$ injections into the WS banks' overnight repo transactions ($55 billion today alone).


Yet : "look at the stock market!"
" Our economy is _booming_ ! "

Trump again is urging the Fed to cut (already rock bottom) rates, Fed officials are strongly intimating it, and NEGATIVE interest rates already in place in Europe have been mentioned by the President.

it is all _debt_ based, using debt-financed fiat currency. <---Only thing underpinning the global economy.

How is _more_ debt going to help this market, or the global economy overall?

Fed execs such as Kudlow et al. have, for many years since the 2008-09 collapse said "ignore the bond market", "never mind the bond market yield curve".

Now it is happening.


analysts "scratching their heads" at "not normal" multiple 1,000-point drops 28.Feb.2020 12:56

_

--> N.B. the "coronavirus-fueled" made-up adjective; but they're still "scratching their heads"...
Lol.

also (RE: the chosen analyst, Lee) : "may be one of the few to acknowledge that something isn't right"

Yeah "something" hasn't been "right" for quite a while.


Also hilarious wording : "may" be one of the "few to acknowledge" -
Corporate mass media 'financial advisor' outlet here casting this guy as an outlier or 'unusual person' for stating what has been blatantly obvious to many observers and investors for years, particularly since 2009.


anybody want to discuss the Bond market yield curve, or the Fed's since-September 2019 hundreds-of-billion-$$$ overnight repo bailouts?

Stock market is _fake_ , propped up and is undergoing a (partial at this stage...) correction to fair value.



QUOTED FROM ARTICLE :
_________


Stock-market expert says what many are thinking as Dow sheds 4,100 points in a week: 'this market is not normal'

Published: Feb 28, 2020 3:25 p.m. ET

U.S. stock market heads for its worst week since 2008

---
Thomas Lee, co-founder of Fundstrat Global Advisors LLC
---

The breadth and intensity of this week's coronavirus-fueled selloff in U.S. stocks has some analysts scratching their heads.

Thomas Lee, founder of Fundstrat Global Advisors, may be one of the few to acknowledge that something isn't right with a market that was just enjoying a record close days ago.

"This is not normal and the market is clearly indicating to us a change," Lee said, in a research report on Friday.