FFS! Just stop it, you pseudo-sophisticated doom-mongers. Stop it!

Sozialhilfe - anderes gesagt "Danegeld" oder "Jizya"

Anyone here know if the government is shut down, or anything???

"Minimal standards of truth seeking"? No propaganda. No court scribblers. No fawning, establishment lackeys or prostituted pen-pushers. Only 'elite' disseminators of knowledge and disinterested, Confucian philosophers ever had access to the media before we plebs had a voice.

I know we live in a simulation -a mix of "The Truman Show" & Dante's Inferno- but the publicity being granted to this half-educated, gawping, pseudonymised ignoramus & his overnight elevation to major political figure really does stretch the boundaries of hyperreality.

And are insidiously buying up DC & DB pension pools from UK employer schemes, to boot. The state wants to tax you, force you to invest in the Green equivalent of war-bonds, interfere in investment policy, while the Pirate Credit bloodsuckers are looking to batten on what's left.

Q: Can a savage on an ebike also mug you for your saving account when you step outside your hotel?

Can we have a breakdown by subject studied, perchance?

If you spend your time scouting for doom, you can readily find it. But, if more diligent (qua honest), it does pay to read the footnotes. This jump is largely a recategorisation, not a sudden surge! #Fed #PrivateCredit

Once again, so called "QT" (not sure the Fed has actually SOLD any paper, to date!) cuts out a middle man. Money Mkt Funds buy T-Bills direct or RP with PRIVATE holders, not the Fed (via RRP). Extra 'cash' originates with those the Govt pays when it borrows.

By way of illustration, MMkt Fund assets v #Fed #RRP (original shifted and sign reversed):-

And >60% of Fintwit thinks Dalio's a genius.

There is no medical remedy for the real 'Morning After' - the hangover which rapidly followed Labour's strange electoral victory.

Because Eastern drug dealers don't launder their stash at Charmaine's Curls'n'Girls salon?

One day, very soon, lipstick supplies are going to dry up, leaving Oink Murphy's ugly sister looking ghastlier than ever.

"Woke" is a sociological epidemic not entirely estranged from that which infected Salem: a disease of malicious fault finding and vindictiveness hiding beneath a veneer of prickly, ostentatious sanctimony and incubated in a miasma of low moral courage, herd instinct.

FYI George Selgin Just found this little gem in a 2nd hand bookshop. 16 plates of the tokens and a rubbing of some actual examples undertaken by the original owner, back in the 60s.

How about airport style security checks on the beaches, John??

Acta Diurna breaking: In response to a recent attack by the barbarians, Roman citizens will henceforth be required to pass under the yoke every time they leave home.

In case you missed it, ~1/140 of reserves and ~1/1200 of bank liabilities. Plus, while the spread to Funds is maybe 1/10 of 1% above recent norms, SOFR rates FELL Friday, not rose. The Mouse is truly Roaring on Fintwit.