EU Slams Door On Montenegro Plea For €1BN China Loan Bailout

https://www.nationandstate.com/2021/04/15/eu-slams-door-on-montenegro-plea-for-e1bn-china-loan-bailout/

…The Financial Times reported this week that Montenegro has essentially begged the European Union to step in, and to help a rescue deal along officials are now hyping the “Chinese influence threat” on Europe’s periphery. It should be noted that tiny Montenegro became a NATO member in 2017, to Russia and Serbia’s great consternation…

Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6% | Centinel2012

https://centinel2012.com/2021/04/14/trouble-ahead-inflation-jumps-more-than-expected-gasoline-prices-increase-9-1-in-one-month-year-over-year-inflation-2-6/

The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”.    But the actual JoeBama-nomic policy is even worse because wages increased less than inflation increased, so real wages (actual purchasing power) decreased.  That spells trouble, Trouble…

Nomura Tightens Leverage For Some Hedge Funds Clients As ECB Starts Asking Questions

https://www.nationandstate.com/2021/04/13/nomura-tightens-leverage-for-some-hedge-funds-clients-as-ecb-starts-asking-questions/

One day after Credit Suisse traders realized that they may be the biggest losers from the Archegos debacle following reports that banker bonuses at the Swiss bank will be slashed by “hundreds of millions of dollars“, another bank is about to feel…

Rabo: Powell Can’t Wait To See “Actual Inflation” To Hike… But What Do We Have Right Now

https://www.nationandstate.com/2021/04/12/rabo-powell-cant-wait-to-see-actual-inflation-to-hike-but-what-do-we-have-right-now/

By Michael Every of Rabobank Inflection/Infection Point If you are still in the camp that all that really matters is what central banks say, then note “the US is now at an inflection point”. So says Fed Chair…

Macron shame: Hundreds queue for food parcels as France faces £12bn economic black hole | ukgovernmentwatch

https://ukgovernmentwatch.wordpress.com/2021/04/12/macron-shame-hundreds-queue-for-food-parcels-as-france-faces-12bn-economic-black-hole/

France faces a £12.8bn economic black hole after Mr Macron plunged the country into its third lockdown.

Experts at investment bank Berenberg report that the latest lockdown restrictions, which are due to last four weeks, will wipe 7 percent off France’s economy…

China Passenger Vehicle Sales Scorch Higher By 69% In Q1

https://www.nationandstate.com/2021/04/11/china-passenger-vehicle-sales-scorch-higher-by-69-in-q1/

Auto sales in China have scorched back past pre-pandemic levels, with passenger vehicle sales increasing 69% year over year to 5.09 million from January to March 2021.  The China Passenger Car Association released numbers on Friday, indicating that sales are back to levels they were […]

Excess Liquidity In The Eurozone Has Doubled To €4 Trillion In One Year: What Are The Costs

https://www.nationandstate.com/2021/04/11/excess-liquidity-in-the-eurozone-has-doubled-to-e4-trillion-in-one-year-what-are-the-costs/

By Soniya Sadeesh, credit strategist at Deutsche Bank Excess liquidity in the Eurozone breached €4TN this week, having been around €2TN a year ago. It will continue to grow, albeit at a slower pace going forward, as purchase…

Scarcity Cred: Crypto Is A $2 Trillion Disruptive Force

https://www.nationandstate.com/2021/04/11/scarcity-cred-crypto-is-a-2-trillion-disruptive-force/

Authored by Professor Scott Galloway via No Mercy / No Malice blog, Any firm that approaches $1T in value has tapped into a basic human instinct. Consuming, signalling, loving, and praying have been the fuel of Amazon, Apple, Facebook, and Google’s ascents, respectively. That the crypto…