If you’re interested in secret societies and world domination, you’re reading the right article.
“No one puts Baby in the corner,” but someone tells the Treasury what to do.
To be precise, it’s a small, powerful group comprised of some of the most powerful players among Primary Dealers and international banking. It is tasked with recommending to the Treasury how much new paper it will need to issue in the months ahead to cover its deficit and maintain a cash cushion. You don’t hear much about this group – but they’re the “power behind the throne.”
Right now, they’ve just issued guidance for a nefarious $463 billion release – early next year – that could cut the stock market off at the knees.
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If this post didn’t make you think I was crazy – or this one – today’s likely will.
Despite the new highs and the great growth and yada yada yada ….we are on the brink of a recession. I have the numbers to prove it.
And the numbers don’t lie.
Data on Federal tax collections comes to us in real time every day, courtesy of the US Treasury. This is unmassaged real data, not the endlessly finagled economic data put out by various other US government agencies. Tracking the tax data regularly enables us to see how the US economy is actually behaving, versus how the government wants you to think it’s behaving.
That’s important because the current data tells us something really big about the US economy that nobody knows yet. It won’t show up in the official GDP data for months, but it could rock the markets and cause the Fed to change course.
Here’s the big news.