California Burnin’ – A Warning Against One-Party Rule Tyler Durden Sun, 09/20/2020 – 20:00 Authored by Niall Ferguson, op-ed via Bloomberg.com, Fires, blackouts, high taxes, poverty, scarce housing, urban squalor, lousy schools – it’s a wonder anybody stays. “California, folks, is America fast forward.” Thus Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex… Read More

Record Numbers Of Companies Drown In Debt To Pay Dividends To Their Private Equity Owners Tyler Durden Sun, 09/20/2020 – 19:10 One week ago we used Bloomberg data to report that in the latest Fed-fuelled bubble to sweep the market, now with Powell buying corporate bonds and ETFs, private equity firms were instructing their junk-rated… Read More

Massive FinCEN Leak Exposes How Biggest Western Banks Finance Drug Cartels, Terrorists & Mobsters Tyler Durden Sun, 09/20/2020 – 18:45 In what looks like one of the biggest leaks of private banking records since the Panama Papers, Buzzfeed News has published a lengthy investigation into how the world’s biggest banks allow dirty money from organized… Read More