Bonds

Is hyperinflation on the horizon?

2021-02-242021-02-24
by Tuomas Malinen
Bonds, Central banks, Credit, Financial crisis, Financial markets, Global depression, Inflation, Recession

From time-to-time historically, national authorities have resorted to financing by… Read More »Is hyperinflation on the horizon?

The Fed and the looming capital market meltdown

2020-08-282020-11-11
by Tuomas Malinen
Bonds, Central banks, Crisis Preparation, Financial crisis, Financial markets, Stock market

The Federal Reserve system made a future financial panic or… Read More »The Fed and the looming capital market meltdown

Prepper’s Bunker: Coronavirus update II

2020-03-122020-11-11
by Tuomas Malinen
Banks, Bonds, Coronavirus, Credit, English, Financial crisis, Financial markets, Global depression, Global economy

We have been warning about the impending economic crisis since March 2017. Central bankers and Chinese leaders have been able to postpone the onset of the crisis for…

Q-Review 4/2019: Into the Abyss

2019-12-192020-11-11
by Tuomas Malinen
Banks, Bonds, Central banks, China, Credit, English, Global depression, Global economy, Growth forecasts, Recession, Stock market, Zombie companies

The economic calm which has succeeded the turbulent conclusion to 2018 was abruptly shattered on the 16^th of September. On that day, rates in the repo markets spiked by 248 basis points to more than double the overnight lending rate of the…

Recession cometh

2019-03-272020-11-11
by Tuomas Malinen
Bonds, Central banks, China, Credit, English, Global economy, Growth forecasts, Recession, Zombie companies

Errata in the third paragraph (“steepening” -> “flattening”) corrected in 04/08.

Yield curve inversion has spooked the markets. In all honesty, it should not have come as a surprise. After the Federal Reserve pivoted early January and …

The scenarios of the collapse

2019-01-112020-11-11
by Tuomas Malinen
Bonds, Central banks, China, Credit, English, Financial markets, Global economy

2019 has started more calmly after a very volatile year-end in the markets. Focus has been on the trade deal between China and the US and the words of the central bankers, most notably those of Jay Powell. However, this is all just a distraction, a s…

Q-Review 4/2018: The path to the Global Depression

2018-12-182020-11-11
by Tuomas Malinen
Bonds, Central banks, Credit, English, Financial crisis, Global economy, Growth forecasts

The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the ‘black hole’ the global economy is about to get sucked into.

The hole has two…

The end of the most manipulated business cycle — ever

2018-12-062020-11-11
by Tuomas Malinen
Bonds, Central banks, China, Credit, Emerging markets, English, Financial crisis, Global economy, Preparation, Stock market

Whatever has the nature of arising, has the nature of… Read More »The end of the most manipulated business cycle — ever

The (ominous) problem with global liquidity

2018-10-122020-03-24
by Tuomas Malinen
Bonds, Central banks, Credit, Emerging markets, English, Financial markets, Global economy

Errata in the effects of QE corrected 10/21. Market liquidity… Read More »The (ominous) problem with global liquidity

Q-Review 3/2018: How the Eurozone breaks

2018-09-262020-11-11
by Tuomas Malinen
Bonds, English, Eurozone, Global economy

The Eurozone is a fragile financial mammoth. While its GDP lacks the US by around $3 trillion, assets of the banking sector are some 240 percent of GDP vs. around 90 percent in the US. It has been kept standing only through the large-scale asset purc…