See? As things turn to shit under the command of Xi Jinping, the solution is to make more bad decisions. Bank reserves are for safety. But graft and corruption are the gifts to the Chinese people from their commie overlords. Banks in trouble ...

China cuts banks' Reserve Requirement Ratio

The greatest threat to China is Xi Jinping. Everything he touches turns to shit. And so it will be with the entire country of China, because the head of the commie party has as his primary goal Complete Control of Everything with Personal Prosperity ...

Beijing is going back into lockdown — CGTN

"Confidence of business leaders continues to decline...." And "Why?" we might ask........ ......because society is made up of mostly non-elites, which is to say non-"business leaders". These non-elites have little money by comparison. Their ...

Confidence of business leaders continues to decline

"EUR/USD and Sub-$1.02 in the Hands of Private Sector PMIs....." Really? Or maybe, and not just for EURUSD, market pricing is in the hands of SM that lays the pricing groundwork with their orders, and the MMs who manipulate prices chasing the SM ...

EUR/USD and Sub-$1.02 in the Hands of Private Sector PMIs and the Fed

In other words, these higher paid privileged ones are LAZY! They did NOT do their jobs! And this has become systemic throughout the various corporate empires, with the guiltiest being the highest paid. One might ask how it came to be that no one ...

SEC Charges Goldman Sachs Asset Management for Failing to Follow its Policies and Procedures...

"EUR/USD Faces Risk of Sub-$1.03....." It faces a lot more than THAT! We can easily see the volume of this month's pump back up was less than half the entire volume of the previous month....50% greater move on 50% less total activity! Big MMs ...

EUR/USD Faces Risk of Sub-$1.03 on German Wholesale Inflation Numbers

I agree. Though SS checks would probably be more than double. And labor wages much more, also. And the unemployed would not suddenly, mystically, disappear from the unemployed roster after just 7 months jobless! And it has been done not to save the ...

The US CPI Inflation Number Is A Lie, And That's A Fact

Good activity as MMs range mostly just above 0.87000, and if this is support one might assume the activity is all about the MMs creating liquidity to fill SM buy orders, but........ ......0.86000 might be the REAL support, and current activity might ...

EURGBP lacks bullish mood; support at 0.8700

One trade should be like "golden". The Yaun...... The Yaun should go to crap! Xi Jinping is still sucking on his lollypop, with that lying smile on his ever-insincere face, telling the world (who he commands to listen and obey) that Russia vs ...

Currency trading in a spin after Polish explosion

And now the question is this cause to bring NATO into the foray? What excuse would there be to NOT do so? Well, the intent of the aggressor is a factor. A legitimate reason to not do so is if the aggressor had no intent to cause the incident, i.e., ...

Poland confirms Russian-made missile fell on its territory, killing 2 people

ECB's Nagel should try this one...... Admit too much money without backing has been printed...... Because money needed to do things was otherwise unavailable...... Because over time it had been allowed that a small segment of society was allowed to ...

ECB’s Nagel: I Will Advocate Further Interest Rate Hikes; Must Send Clear Monetary Policy...

Sometimes the Brits seem nicely old-fashioned: honest, see things the way they really are, fair....and then down to business to straighten things out. This is quite different from the way things are done in the USA: honesty being subverted by greed ...

UK's Hunt Says He Has to Raise Taxes to Fix Economy

Of COURSE there is a lack of confidence....... They've been serving society easy to take pablum for quite some time now........ .......and now THEY know how everyone else has been feeling about that. We must not put into control those kind of people ...

ECB's Centeno says Europe's main issue is a lack of confidence