If the CEO of HSBC has been lending $400b USD to china to help them prop up their Monopoly money, that accounts for half of the reserves we have calculated that have already run. The chinese bank forward position on CNH is another $450 billion. Their currency is a HOUSE OF CARDS.

Love the cover of Jim Reid’s 82pp long “The History and Future of Debt.” The front cover says all you need to know. CenBanks will need to be buying govt bonds ad infinitum w/helicopter money so that the bond bubble doesn't burst.

Abhijit Banerjee (born 1961 in India) & Esther Duflo (born in 1972 in Paris) of MIT — couple in their private life — & Michael Kremer of Harvard (who was born in 1964) were awarded the 2019 Nobel Prize in Economics “for their experimental approach to alleviating global poverty.”

The scary thing about this graph is that it suggests we have another China-sized disaster in the pipeline, in the form of India. ourworldindata.org/grapher/co-emi…

150 PhD economists hired by Amazon! It is the most significant and drastic change in the last 20 years to raise economics at the core of the decision making in firms. It means: microeconometrics works! amp.cnn.com/cnn/2019/03/13…

Time for some good news: #Bundesbank posts distributable profit of €5.9bn in 2019, highest since 2008 as Risk provision lowered by €1.5bn.

Now Central Banks will ramp up their balance sheets: The BoJ has the least leeway. Total assets already >100% of GDP. ECB’s balance sheet equals to 40.6% of Eurozone’s GDP. Fed’s and BoE’s at ~20%.

#ECB seen boosting bond purchases to avert credit market meltdown, BBG reports. #ECB has amassed almost $223bn of corporate debt in less than four years of QE, $20bn of which has been added since it re-started net purchases in Nov.

#ECB has ramped up balance sheet expansion ahead of Thursday’s meeting. Total assets rose by €10.3bn to €4,702.2bn, just €11bn shy of ATH. Balance sheet should soon exceed €5tn as new ECB chief Lagarde will turn to do 'whatever it takes' & likely to expand QE significantly.

Lagarde: We decided to add a temporary envelope of additional net asset purchases of €120 billion until the end of the year, ensuring a strong contribution from the private sector purchase programmes

#ECB’s Lagarde: Will use all the flexibilities of QE program. But will keep Capital Key at the end.

QE? What else. NY Fed has bought a whopping $37bn US govt bonds today. QE4 will drive Fed's balance sheet to fresh highs this year. newyorkfed.org/markets/op_pol…

Is there any empirical investigation (apart from Bank Lending Survey) from the #ecb that can sustain the idea that QE has benefited the credit supply to the real economy? #AskECB Isabel Schnabel 🇪🇺🇺🇦

COMMODITY TRADING: PwC, which is running the day to day of disgraced oil trading house Hin Leong, has submitted its accounting review. It reads pretty grim for the banks: Hin Leong Trading (Pte) Ltd. has assets of about $257 million, and liabilities of $3.5 billion | #OOTT

Vanguard quiere llevar el private equity al inversor particular. Vanguard Steps Further Into Private Equity morningstar.com/articles/10410…

Pues ya tenemos tipping en Twitter con Bitcoin, via Lightning 🤩🤩🤩 theblockcrypto.com/post/118450/tw…

Muy buen artículo, un must para entender lo que está pasando

How many crypto related companies will be in the top10 in 2030?

Insurtech Predictions: Insurance, the industry technology forgot to change is now changing by Connor Love link.medium.com/rwEZBBpoBmb

Benvolguda consellera Violant Cervera i Gòdia, la meva germana necessita el suport del seu departament. Fem-ho possible si us plau.