Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
quote: That’s causing such trades to go uncompleted at some of the highest rates since the financial crisis.
...
“You have a little bit of a perfect storm here,” said Stanley Sun, a New York-based interest-rate strategist at Nomura Holdings Inc., one of the 22 primary dealers that bid at Treasury auctions, in a telephone interview June 30.
...
Such failures to deliver Treasuries have averaged $65.6 billion a week this year, reaching as much as $197.6 billion in the week ended June 18, Fed data show.
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
quote: That’s causing such trades to go uncompleted at some of the highest rates since the financial crisis.
...
“You have a little bit of a perfect storm here,” said Stanley Sun, a New York-based interest-rate strategist at Nomura Holdings Inc., one of the 22 primary dealers that bid at Treasury auctions, in a telephone interview June 30.
...
Such failures to deliver Treasuries have averaged $65.6 billion a week this year, reaching as much as $197.6 billion in the week ended June 18, Fed data show.
Quote:
Originally Posted by CDusr
The repo market is very important to watch.
The hegelian dialectic is very well practiced however. Much is coming together. August onward could get very interesting.
I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.
Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.
Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....
I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.
Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.
Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....
Mircea
I think Oct could be significant also. Sept/Oct are always good months. But there has been an increase in pressure recently. So I expect we could see something as early as August. Obama and Treasury have already slipped the IMF changes in, this is scheduled for Oct iirc.
I know I've said this 50,000 times, but it's worth repeating: Do not let them touch your pensions, 401(k) or attempt to "privatize" Social Security as a 401(k) plan.
Do whatever you need to do. If civil disobedience is effective, then fine, but if not, then escalate....up to and including full-blown insurgency or secession if necessary.
Holy printing presses, Batman! I may have to publish my discourse on strategy and tactics sooner than I thought....
Mircea
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.
Lots of ideas like "look at how Chile does it" as a way to convert social security to something else. I'm kind of surprised, I thought you would be all for that sort of thing. Nice to see I was mistaken!
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.
Lots of ideas like "look at how Chile does it" as a way to convert social security to something else. I'm kind of surprised, I thought you would be all for that sort of thing. Nice to see I was mistaken!
When you look at who controls/owns the media you can see why topics are muted and distractions are made. This IMF paper comes out quietly, around world cup. One may not hear about "opposition" or discussions. These big financial moves occur very quietly in the background. Even that hidden in plain sight. Many people don't even know what a CAFR is, but they are familiar with a budget. These kind of large scale obfuscations are deliberate.
quote:
The Repo market, by comparison, is made up of banks, securities dealers, money funds, hedge funds, and many other financial institutions. The Repo market includes both the banking system and the shadow banking system, all in one place.
When they first suggested the idiocy of converting social security to a 401K type plan in 2010 or so I thought for sure everyone would go totally and completely ballistic over it. I was actually surprised at how muted the response was, and how many people actually thought it was a good idea! But this has been a recurring conservative discussion point. Which also surprised me as I thought their base would go nuts over it.
Where I work they did this and I'm as happy as can be. The money is mine. Why wouldn't I like controlling my retirement as opposed to the company?
Where I work they did this and I'm as happy as can be. The money is mine. Why wouldn't I like controlling my retirement as opposed to the company?
"Public" and "private" intertwined long ago. So it isn't that simple. Just like your framing of "yours" versus the "company". Assets in an account are not the same as money in your hand. Much like the choices always being drawn between Big Bus and Big Govt. Really not much of a choice. This is how the bi-polar game is played.
"Public" and "private" intertwined long ago. So it isn't that simple. Just like your framing of "yours" versus the "company". Assets in an account are not the same as money in your hand. Much like the choices always being drawn between Big Bus and Big Govt. Really not much of a choice. This is how the bi-polar game is played.
The money is completely separate from the company.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.