Dirty Bubble Media has published the results of an investigation into links between Sam Bankman-Fried's (SBF) companies and Celsius. As it turns out, FTX, SBF, Celsius, and even Tether are far more financially linked than previously thought - with ties running deeper than SBF's Alameda Research becoming a major creditor to now-bankrupt Celsius.

It turns out that peace through weakness is a failed national and economic security strategy. Remember how the world, especially the American media, fawned over former German Chancellor Angela Merkel? The adoration was so over the top that in 2015 Time magazine named Merkel its "Person of the Year."

China's economy is going down quickly, even as the Evergrande collapse, and China's real estate crisis unfolds. And now, the Evergrande collapse is also expected to hit the Chinese foreign policy. The Chinese foreign policy is presently dictated by the Belt and Road Initiative (BRI) which involves large-scale debt financing by Chinese financial institutions, Chinese State-owned Enterprises (SOEs) and local government financing vehicles.

Early in the morning on November 21, 1980, twelve men decided to abandon their oil drilling rig on the suspicion that it was beginning to collapse beneath them. They had been probing for oil under the floor of Lake Peigneur when their drill suddenly seized up at about 1,230 feet below the muddy surface, and they were unable to free it.

Ten years after the financial crisis, Europe's economy achieved a recovery, but not a revival. Low inflation, low interest rates and low growth were the new normal across the continent. Then, the coronavirus pandemic hit, causing incredible damage to the economies of numerous countries.

Authored by Lance Roberts via RealInvestmentAdvice.com, We have recently written a couple of posts about the "exuberance" that has invaded the market since the election. Such is often seen near short- to intermediate-term peaks in markets as investors go "all-in" without a net.

We warned last week that, despite The Fed's unlimited largesse, there is trouble brewing in the mortgage markets that has an ugly similarity to what sparked the last crisis in 2007. For a sense of the decoupling, here is the spread between Agency MBS (FNMA) and 10Y TSY yields...

Something is seriously starting to break in China's financial system.