Decade

The Fed Sent $838 Billion in "Profits" To The Treasury In Past Decade

On Monday, the nexus of reserve currency helicopter money, the Federal Reserve, announced that it had sent $88.5 billion in so-called “profits” (i.e., interest income from all those bonds it “purchased” after creating digital money out of thing digital air) to the U.S. Treasury Department in 2020, a 61% increase from the previous year as…

Rapes, Robberies Fall In Los Angeles While Homicides Reach Highest In Decade

Crime in Los Angeles went “absolutely haywire” in 2020 according to Capt. Paul Vernon, head of the LAPD Compstat crime-tracking division. According to the Los Angeles Times, robberies, rapes and small-scale property crimes were down on the year, while killings, shootings and auto robberies spiked. After years of sustained declines, homicides reached the highest level…

China Seeks Military Base On The Moon In Next Decade: Report

A new report in Newsmax argues that “When it comes to the next phase of space exploration, China has its eyes on domination, placing the U.S. in danger of losing its superiority in technology, economics, and world power.” Multiple foreign policy thinkers and China watchers say “The dramatic new space race includes China’s plans to establish a…

$15 Trillion Cashnami Crashes Dollar In 2020, Sparks Gold's Best Year In A Decade

Global stocks added around $15 trillion in market cap in 2020 (pushing above $100 trillion for the first time ever)… Source: Bloomberg Which is an oddly coincidental number given that global liquidity has soared around $15 trillion in 2020… Source: Bloomberg That kind of ‘tsunami’ hasn’t historically ended well (in the movies)… While much of…

Manhattan Apartment Rents Dive To Decade Low As Inventory Swells 

As expected, given the dynamics of the pandemic driven exodus from New York City, Manhattan’s rental market has witnessed another massive plunge in rents, falling to a ten-year low. According to Bloomberg, citing a new report from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate, the borough’s median rental price plunged 22% in November from a year…

New NATO Strategy Deems China #2 Enemy Behind Russia Over Next Decade

NATO has previewed a new study that calls for major reform and provides a proposed outline for its future long term strategy entitled “NATO 2030 – United for a New Era”. The report is raising eyebrows given its focus on the rise of China, which it says should be considered the Atlantic military alliance’s number two…

“Pandemic Of Crime” – LA Homicides Hit Decade Highs

This past weekend, a surge in violent crime resulted in Los Angeles’ 300th homicide for 2020, a bloody benchmark not seen since the dark days of the 2009 financial crisis, reported LA Times.  Killings have risen 25% over last year, and shootings climbed by more than 32%, reflecting a similar trend across many other US metro…

Record-Breaking Hurricane Season Results In Biggest Offshore Oil Output Decline In Decade 

On Thursday morning, Tropical Storm Eta made landfall over North Florida and has become the 12th named storm to make landfall out of a record-breaking year of 29 named storms. Eta Making Landfall Over North Florida  An unprecedented amount of tropical systems have swirled around the Atlantic Basin this year, breaking the 2005 record of…