Sunday, December 22, 2024

Study Finds 75 Percent of U.S. Banks Didn’t Hedge Interest Rate Risk; Unrealized Losses on Securities $516 Billion at End of First Quarter

by Pam Martens and Russ Martens, Wall St On Parade:

A group of academics have conducted a study that found that during the fastest pace of Fed interest rate hikes in 40 years, the majority of U.S. banks failed to hedge their interest rate risk. The report’s findings include the following:

“Over three quarters of all reporting banks report no material use of interest rate swaps.”

“Only 6% of aggregate assets in the U.S. banking system are hedged by interest rate swaps.”

“Banks with the most fragile funding – i.e., those with highest uninsured leverage — sold or reduced their hedges during the monetary tightening. This allowed them to record accounting profits but exposed them to further rate increases. These actions are reminiscent of classic gambling for resurrection: if interest rates had decreased, equity would have reaped the profits, but if rates increased, then debtors and the FDIC would absorb the losses.”

Scientists Have Created A Human “Entity” That Has No Mother Or Father

by Michael Snyder, The Economic Collapse Blog:

Scientists all over the world continue to “play God”, and we are all going to have to live with the consequences.  Every single day, incredibly bizarre experiments are being conducted in secret laboratories all over the planet.  I have frequently warned my readers about the very deadly diseases that are being developed in such laboratories, but other types of extremely sick experiments are happening as well.  For example, it is being reported that one team of researchers has now been able to create a human “entity” that does not have a mother or a father.  In fact, it was created “without using sperm, an egg or a womb”

Wikipedia Founder Warns Site Is Run by CIA to Brainwash the Public

by Sean Adl-Tabatabai, The Peoples Voice:

The founder of Wikipedia has issued a stark warning to the public about the site he helped create, claiming that the U.S. government has taken it over as a tool for “information warfare” against the public.

Millions of unwitting Americans use Wikipedia as an authoritative source of information on the Internet. Google and social media companies promote Wikipedia to the top of their search results and use the data posted on the site as definitive ‘facts’ when users are looking for information.

Wall Street Is Out To Make Argentina a Bloody Example for Any Nation That Tries To Join the BRICS

by Dennis Small, LaRouche Organization:

Sept. 3—There are certain battles that cannot be avoided and must be won. One such is the battle to get the United States and Western Europe to change their current geopolitical confrontation course with Russia and China, a course meant to enforce the bankrupt trans-Atlantic financial system and its unipolar world order. The alternative to winning that fight is probable thermonuclear war.

SERVICE SECTOR PMI FALTERS PLUS HUGE INCREASE IN COSTS SENDS DOW LOWER ALONG WITH PRECIOUS METALS

by Harvey Organ, Harvey Organ Blog:

RAIDS ON PRECIOUS METALS CONTINUE //GOLD CLOSED DOWN $8.80 TO $1919.00 //SILVER CLOSED DOWN 36 CENTS TO $23.18/PLATINUM CLOSED DOWN $9.20 TO $914.15 WHILE PALLADIUM CLOSED DOWN $5.95 TO $1214.65//IMPORTANT GOLD COMMENTARY TODAY FROM CHRIS POWELL//COVID UPDATES//VACCINE UPDATES/DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS/NEWS ADDICTS//UPDATES ON GABON//USA NEWS: SERVICE SECTOR PMI FALTERS PLUS HUGE INCREASE IN COSTS SENDS DOW LOWER ALONG WITH PRECIOUS METALS

Where’s the Recession?

by Jim Rickards, Daily Reckoning:

No sooner had the BRICS Summit in South Africa ended on Aug. 24 that Federal Reserve Chair Jay Powell took the podium at the Fed’s annual retreat in Jackson Hole, Wyoming, on Aug. 25.

What did Powell say, and what are the implications for investors and global markets? Let’s review…

Subject to the usual qualifiers about data dependence and observing economic developments, Powell’s remarks at Jackson Hole were unqualifiedly hawkish.

INDIA LANDS CARTOON ON THE MOON & OTHER WOO — WEISS | JERANISM

from SGT Report:

First China and now India have successfully landed animations on the “moon” and in upside down world you are expected to digest it all as fact despite precious little proof that these scientific “accomplishments” are real. And in the case of India’s moon mission, the animation on South Park is better. David Weiss and Jeran join me to discuss it and more.

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Policing The Internet: The U.N.’s New Program

by Mac Slavo, SHTF Plan:

The United Nations has a new program designed to censor those who dissent from the official narrative of the rulers of the planet. The digital army will “detect disinformation” on the internet and counter it with the facts the U.N. and other masters desperately need you to believe.

The young participants of the “peacekeeping” program will form a digital army capable of detecting “false information” (information the U.N. doesn’t like) and images taken out of context and countering them with “real facts.” Not only will the U.N. be policing online speech, but they will enlist kids to do it.

Identity Crisis: The Network Behind Gender Identity Ideology

by Derrick Broze, Activist Post:

The Transgender Ideology

In the final sections of this series we will examine the claim made by critics who believe we are witnessing a push to divide the public using the gender identity issue, specifically by promoting a narrative that transgender people and gender identity questions are much more prevalent than they actually are.

FORECAST FOR TODAY: SUNNY, WITH……..

by Jim Quinn, The Burning Platform:

According to my weather app, today is supposed to be bright sunshine, with absolutely no clouds. I guess our overlords weren’t happy with that forecast, so they decided to do something about it. I took these three pictures at 7:00 am this morning on my way to work. It appears our geo-engineering airforce was out in force overnight doing their duty, whatever that may be.

How OPERATION SCARIANT 2023 is being used to launch Plandemic 2.0

from State Of The Nation:

Both the Great Reset implementation plan and New World Order agenda require the maximum degree of chaos, confusion and conflict in order to be successfully accomplished by the globalist cabal.
That’s why the full-blown biowar against humanity known as OPERATION COVID-19 was launched in January of 2020.  That’s also why the Covid Super Vaccination Agenda rolled out the highly weaponized mRNA ‘vaccines’ in December, 2020 with virtually no FDA-required testing.

ADL CEO Jonathan Greenblatt: Elon Musk is Inciting Violence Against Jewish People by Criticizing Us

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by Chris Menahan, Information Liberation:

Anti-Defamation League CEO Jonathan Greenblatt on Tuesday responded to Twitter/X owner Elon Musk’s criticism of their aggressive pro-censorship ad boycott campaigns by accusing him of “engaging with a highly toxic antisemitic campaign” which will incite violence against Jewish people.

Is the Almighty US Dollar About to Take a Fall?

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by Philip Giraldi, Global Research:

August 23rd was a big news day all over the world. The western media’s focus on the events of that day was solidly on the unproven claims that Russian President Vladimir Putin was behind the sabotage or shooting down of an executive jet that killed his former associate Yevgeny Prigozhin.

In reality, however, there was a far more important story that was coming out of South Africa. In fact, Putin had a far more important job to do on that day due to his desire to make progress in stripping the United States of its dollar hegemony.

Putin was engaged by videolink in the discussions taking place in Johannesburg regarding expanding the so-called BRICS monetary union, in part to include measures that would diminish the dominance of the dollar in the world economy.

WarRoom Battleground EP 366: Mind Control Of Google; To Program Not To Educate

from Bannons War Room:

TRUTH LIVES on at https://sgtreport.tv/

Now They’re Coming for Me

by Stephen Kruiser, PJ Media:

Here is an opinion of mine that at one time in this country’s history wasn’t controversial: I am not a fan of censorship.

When I was a young comedian, we didn’t have to worry much about what we said onstage. I could — and did — get away with some outlandish material. People weren’t actively seeking to be offended in those days. Americans all over the political spectrum placed a high premium on free speech. If you had told me back then that half of the country would be actively cheering on censorship in 40 years, I’d have suggested that you see a neurologist.