This Week In Our Global Financial Ponzi Scheme

Submitted by QTR's Fringe Finance

It was another volatile week for our global financial ponzi scheme, hereinafter referred to as “The Central Banking Model”.

Nvidia posted blowout earnings and guidance but couldn’t catch a bid all day on Friday, Fed Chair Jerome Powell reiterated his hawkish stance at Jackson Hole after several other Fed-heads did the same Thursday, pushing us one step further to financial collapse, and I wrote a whiskey-fueled manifesto about why, no matter how much king-sized schwanz Klaus Schwab insists, I’m not fucking eating bugs.

I mean…look at this f*cking guy.

In addition, the BRICS consortium added several key oil-producing nations to their merry band of brothers, welcoming Saudi Arabia and UAE to the fray in a move that is obviously puts BRICS on a clear path to try and dethrone the dollar, something I’ve been talking about for 2 years, drawing the attention and care of precisely no one.

Remember this moment, hereinafter referred to as “The Death of the Petrodollar”?

I’ll be speaking to Andy Schectman on my podcast about this BRICS nation development and also penning a piece about it this week for paid subscribers.

🔥 50% OFF FOR LIFE: If you’re still not a subscriber, you can take 50% off of an annual subscription by using the below link. I have not raised my prices since I started the blog and this is a chance to lock in a discount that you can retain for as long as you wish to be a subscriber. The discount is good for life. Get 50% off forever

If you don’t yet follow my podcast, you can find it here.

Last week I harped on the topic of Fitch’s downgrade of U.S. long-term debt, and why I thought this was a major negative for the U.S. economy and stock market heading into the second half of 2023.

I also wrote about how ivermectin was maliciously and purposefully portrayed as something it wasn't during the height of the pandemic, and concluded that the media's and FDA's dishonesty on the issue was beyond grotesque and shameful.

For more on what I’m keeping an eye on, here are some of my most recent posts from the last several weeks (my favorites emphasized in bold):

• The Fed Is A Shitfaced Drunk On Its 21st Birthday

• Alan Blinder’s Inflationary Incoherence

• I’m Not Fucking Eating Bugs: A Manifesto - 🔥 27,300 reads

• Don’t Assume that Experts Know Something You Do Not

• Fitch Drops US Creditworthiness: Spending is the Reason

• The End Of The U.S. Dollar Empire

• The Unforgivable Ivermectin Swindle - 🔥 74,600 reads

• Will They Ever Come Clean About the Damage They Caused?

• Two Stocks I Own Specifically To Outperform During Inflation: Harris Kupperman

• The Fed Hits 3,000% Inflation

• Can You Feel It?

• ‘Caught-Red-Handed’: Scientists Call for Full Retraction of Nature’s Covid Proximal Origin Paper, Fraud Accusations Mount - 🔥 25,600 reads

• Central Banks Can't Raise Rates Without Breaking Something: Harris Kupperman

• Being Early To Silver Has Been "Painful" But Will Be Worth It: Larry Lepard

• Fed's Balance Sheet Going To $20 Trillion In The Next "Big Print": Larry Lepard

• July's Rate Hike Poses Real Risk Of "Too Far, Too Fast"

• CBDCs: A Weapon for Debanking the Banked

• The Soft Landing Charade - 🔥 23,500 reads

• Why Are Intelligent People So Easily Tricked?

• The Killing of Common Sense

• The End of the Freedom to Travel

• On Businesses with Zero Visibility: Harris Kupperman

• The Inverted Yield Curve and Next US Recession

• Gold Standard Is Back: BRICS To Intro Gold-Backed Currency - 🔥 29,700 reads

• 3 ESG Stock Picks From A Self Proclaimed ESG Skeptic

• Don't Be The Investing Equivalent Of Dark Helmet From Spaceballs

• The Market Is A Time Bomb And Other Observations

• Destroying The "Woke" Narrative In One Video

• The Trend Is Still Your Friend: Harris Kupperman

And Fringe Finance archive access:

• Posts from 2023

• Posts from 2022

• Posts from 2021

QTR’s Disclaimer: I am an idiot writing a blog and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning and generally trade like a degenerate psychopath. This is not a recommendation to buy or sell any stocks or securities or any asset class - just my opinions of me and my guests. I often lose money on positions I trade/invest in and I’m sure have lost more than I’ve made in my time in markets. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. Positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it three times because it’s that important.